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.
1-24-2023 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 >>
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 scarce. You know how they could fix this? They could RV and put the lower denominations in circulation. To me this is a contrived crisis to try to help push the RV forward. Maybe I am being wishful in my thinking but, with the shortage of dinar the government is struggling to pay salaries. They have pulled so much dinar off the streets in order to raise the value and RV….
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 scarce. You know how they could fix this? They could RV and put the lower denominations in circulation. To me this is a contrived crisis to try to help push the RV forward. Maybe I am being wishful in my thinking but, with the shortage of dinar the government is struggling to pay salaries. They have pulled so much dinar off the streets in order to raise the value and RV….
1-22-2023 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 >>
1-22-2023 Intel Guru Frank26 Article: "The framework assigns Al-Sudani with a "suicide" mission in Washington... a "financial truce" to secure employees' salaries" THE FRAMEWORK WANTS THE AUCTIONS TO RETURN SO THEY CAN RETURN TO STEALING IRAQI CITIZENS' DINARS... THE FRAMEWORK KNOWS THAT A NEW MONETARY REFORM IS ABOUT TO BE EXPOSED, LOOK HOW THEY EVEN TALK ABOUT THE COINS THAT THE CBI TALKED TO THE CITIZENS ABOUT LAST WEEK...IT'S NO SECRET!
1-22-2023 Guru Nader From The Mid East They said the 1st maybe the 2nd something will happen. I don't know what it is. I wish I know what it is but something is happening.
1-22-2023 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 >>
1-22-2023 Newshound Guru Samson Article: "Shafaq News/ The Iraqi ministry of Interior announced the arrest of a group of forex traders on Saturday...A source told our Agency that the security forces were tracing a "gang of forex traders" involved in "manipulating the market and tampering with the US dollar's exchange rate against the Iraqi dinar."
1-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Dubai wants to make Iraq like a trading infrastructure investment site - where Iraq is like a hub...this would be a tremendous boost to the Iraqi economy. FRANK: Isn't that something? Dubai, the filthiest richest country in the world wants to make Iraq their financial hub. Oh my gosh, rich people only hang around with rich people...Do you really think that they would make such an amazing enormous investment in your country at a program rate? ...trust me they know what is happening with your monetary reform and they want a piece of it.
1-22-2023 Newshound Guru Sandy Ingram Iraq is facing a deepening hole in its public finances because of a crackdown on corruption and dollar smuggling...The Iraqi government depends on the auctions to convert dollars...they sell oil in U.S. dollars and then they turn around and change it into the Iraqi dinar for the Iraqi dinar economy...the problem Iraq is facing now is Iraq does not have enough Iraqi dinars and because of this they do not have enough money to pay government workers salaries and other obligations. [Post 2 of 2]
1-22-2023 Newshound Guru Sandy Ingram Urgent Urgent news...it is no longer just one or two stories about the money situation in Baghdad. It has become a major unique report news on the International feeds coming out of Iraq...it appears the United States government is placing checks on currency auctions...the check and balances system are hurting Iraq's public finances. [Post 1 of 2....stay tuned]
1-22-2023 Newshound Guru Henig Article: "How did the US “shock policy” affect the price of the dollar in Iraq?" Quote: "A report published by the American Wall Street Journal today, Friday, shed light on the dollar crisis in Iraq and the accompanying rise in the prices of food and imported goods...The newspaper quoted US and Iraqi officials as saying, "The Federal Reserve began last November to impose stricter controls on Iraqi commercial banks' dealings in dollars, in a move aimed at curbing money laundering and illegal access to dollars to Iran and other countries subject to severe sanctions in the Middle East."
1-22-2023 Intel Guru Frank26 You don't want to lose sight of your dinars wherever you go [to exchange]... 'We're going to send it to the main headquarters. They'll verify it a week later we'll tell you if they're real or not.' What if they're stolen? 'Well too bad.' What if the Brink truck gets in an accident, overturns and burns all my dinars? 'Well too bad. We'll give you a thousand dollars.' No. I want the true value of it. 'Well I'm sorry we lost them.' Good God almighty! There's nothing you can do about it. So don't ever lose sight of your currency and try to go to a major bank.
1-22-2023 Intel Guru MarkZ [via PDK] They are launching their ISX on our NASDAQ, and for them to be able to do that IMO – they have no choice but to have a functional, working, international rate/currency that is accepted everywhere all over the world. How can they send money through the stock exchange without a functioning international currency? That is one of the reasons I am still excited about the month of January.
1-22-2023 Intel Guru Frank26 Article: "The framework assigns Al-Sudani with a "suicide" mission in Washington... a "financial truce" to secure employees' salaries" THE FRAMEWORK WANTS THE AUCTIONS TO RETURN SO THEY CAN RETURN TO STEALING IRAQI CITIZENS' DINARS... THE FRAMEWORK KNOWS THAT A NEW MONETARY REFORM IS ABOUT TO BE EXPOSED, LOOK HOW THEY EVEN TALK ABOUT THE COINS THAT THE CBI TALKED TO THE CITIZENS ABOUT LAST WEEK...IT'S NO SECRET!
1-22-2023 Guru Nader From The Mid East They said the 1st maybe the 2nd something will happen. I don't know what it is. I wish I know what it is but something is happening.
1-22-2023 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 >>
1-22-2023 Newshound Guru Samson Article: "Shafaq News/ The Iraqi ministry of Interior announced the arrest of a group of forex traders on Saturday...A source told our Agency that the security forces were tracing a "gang of forex traders" involved in "manipulating the market and tampering with the US dollar's exchange rate against the Iraqi dinar."
1-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Dubai wants to make Iraq like a trading infrastructure investment site - where Iraq is like a hub...this would be a tremendous boost to the Iraqi economy. FRANK: Isn't that something? Dubai, the filthiest richest country in the world wants to make Iraq their financial hub. Oh my gosh, rich people only hang around with rich people...Do you really think that they would make such an amazing enormous investment in your country at a program rate? ...trust me they know what is happening with your monetary reform and they want a piece of it.
1-22-2023 Newshound Guru Sandy Ingram Iraq is facing a deepening hole in its public finances because of a crackdown on corruption and dollar smuggling...The Iraqi government depends on the auctions to convert dollars...they sell oil in U.S. dollars and then they turn around and change it into the Iraqi dinar for the Iraqi dinar economy...the problem Iraq is facing now is Iraq does not have enough Iraqi dinars and because of this they do not have enough money to pay government workers salaries and other obligations. [Post 2 of 2]
1-22-2023 Newshound Guru Sandy Ingram Urgent Urgent news...it is no longer just one or two stories about the money situation in Baghdad. It has become a major unique report news on the International feeds coming out of Iraq...it appears the United States government is placing checks on currency auctions...the check and balances system are hurting Iraq's public finances. [Post 1 of 2....stay tuned]
1-22-2023 Newshound Guru Henig Article: "How did the US “shock policy” affect the price of the dollar in Iraq?" Quote: "A report published by the American Wall Street Journal today, Friday, shed light on the dollar crisis in Iraq and the accompanying rise in the prices of food and imported goods...The newspaper quoted US and Iraqi officials as saying, "The Federal Reserve began last November to impose stricter controls on Iraqi commercial banks' dealings in dollars, in a move aimed at curbing money laundering and illegal access to dollars to Iran and other countries subject to severe sanctions in the Middle East."
1-22-2023 Intel Guru Frank26 You don't want to lose sight of your dinars wherever you go [to exchange]... 'We're going to send it to the main headquarters. They'll verify it a week later we'll tell you if they're real or not.' What if they're stolen? 'Well too bad.' What if the Brink truck gets in an accident, overturns and burns all my dinars? 'Well too bad. We'll give you a thousand dollars.' No. I want the true value of it. 'Well I'm sorry we lost them.' Good God almighty! There's nothing you can do about it. So don't ever lose sight of your currency and try to go to a major bank.
1-22-2023 Intel Guru MarkZ [via PDK] They are launching their ISX on our NASDAQ, and for them to be able to do that IMO – they have no choice but to have a functional, working, international rate/currency that is accepted everywhere all over the world. How can they send money through the stock exchange without a functioning international currency? That is one of the reasons I am still excited about the month of January.
1-21-2023 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 >>
1-21-2023 Intel Guru Frank26 Article: "The Iraqi fans address Al-Sudani from the Basra stadium: “Reduce the dollar.” CITIZENS CHANT TO SUDANI BRING DOWN THE DOLLAR... BEFORE WE LOOSE CONFIDENCE!
1-21-2023 Newshound Guru Clare Article "Al-Rashid Bank begins selling dollars to travelers through the Baghdad International Airport branch" Quote "On Thursday, the governmental Al-Rashid Bank began selling dollars to travelers through the Baghdad International Airport branch, at an amount of (5000) dollars per passenger, at a price of (1470) dinars per dollar."
1-21-2023 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 >>
1-21-2023 Newshound Guru Militia Man With all these convergences going on in Iraq gearing to do an exchange rate change I thing what we're going to see is these convergences come together in a very very short period of time because of...the need for the hydrocarbon law, Article 140, Sinjar agreement, all of these different things are coming together. The 2023 budget being next week, the World Trade Organization have had meetings today that included many countries not only Iraq , they're all waiting on the exchange rate.
1-21-2023 Intel Guru MarkZ [via PDK] There is still very positive chatter. Most of my banking contacts still believe it will happen by the first. Nobody knows the exact date except the handful of folks that pull the trigger. Do I still think January is possible? Absolutely. They have positioned the money and could pull the trigger at any time.
1-21-2023 Intel Guru Frank26 I feel in my heart this is coming. It's almost a no-brainer. I don't know when. I don't know how, well at least 1 to 1 when it leaves the country.
1-21-2023 Intel Guru Sheila [via PDK] [Nader (said) [See Guru Nader Post Below] ..."they can now send money electronically and internationally just this week. From France to Iraq with no problem" …Is this a sign?] I absolutely believe that is a sign. I hear a delegation from Iraq has been here a week to work on putting the rate live in the system. And we have been over there in Iraq working on the rate to go live there as well. I hear the rate will be live on the 29th. ...You cannot trade on the NASDAQ with the ISX without having a rate. And that is the whole purpose of the delegation being over here...and at this point nobody should believe this wont happen until 2024…. Pay attention…we are all at the right place at the right time...
1-21-2023 Newshound Guru Samson Article: "The Iraqi dinar pays the price.. Washington cuts off the dollar smuggling route to Iran" Putting a halt to Stealing USD.
1-21-2023 Intel Guru Frank26 Article: "The Wall Street Journal reveals the scenes of the Fed's tightening of the dollar in Iraq" THE WALL STREET JOURNAL AND THE INTERNATIONAL WORLD TALK ABOUT THE EXCHANGE RATES IN IRAQ.
1-21-2023 Guru Nader From The Mid East I know it's not a new thing but...before we're not able to do that. Now we are able to do that. What's weird is I've been watching the exchange rate. The exchange rate 1670/1650 but when I sent the money it was only 1460...just like the normal rate. That's good news. Something has happened. Something has happened tell you the truth. [Post 2 of 2]
1-21-2023 Guru Nader From The Mid East Today for the first time since 20 years my mom is able to receive money directly from bank to bank. What happened is, mom needed some money...I was in France. I heard they accepting an electronic payments. So I sent money to my mom from my bank in France through Iraq and she received it this morning! I sent it yesterday morning and she received it this morning. It's amazing. [Post 1 of 2....stay tuned]
1-21-2023 Newshound/Intel Guru BGG Article: "Saudi Arabia Says Open to Settling Trade in Other Currencies" ...Iraq is talking about their currency and it’s value almost every single day. The set of events I have discussed recently are now being talked about in MAINSTREAM outlets. Stick to news. [Reference Guru BGG post 1-15-2023]
1-21-2023 Intel Guru MarkZ [via PDK] Boom!!! Literally the morning that Kuwait changed their value…they published an article saying bare minimum…they were 6-9 months away from a revaluation…and then within a few hours they had a new rate. It floated all the way to about $9.88 then settled back down to where is now.
1-21-2023 Intel Guru Frank26 Article: "The Iraqi fans address Al-Sudani from the Basra stadium: “Reduce the dollar.” CITIZENS CHANT TO SUDANI BRING DOWN THE DOLLAR... BEFORE WE LOOSE CONFIDENCE!
1-21-2023 Newshound Guru Clare Article "Al-Rashid Bank begins selling dollars to travelers through the Baghdad International Airport branch" Quote "On Thursday, the governmental Al-Rashid Bank began selling dollars to travelers through the Baghdad International Airport branch, at an amount of (5000) dollars per passenger, at a price of (1470) dinars per dollar."
1-21-2023 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 >>
1-21-2023 Newshound Guru Militia Man With all these convergences going on in Iraq gearing to do an exchange rate change I thing what we're going to see is these convergences come together in a very very short period of time because of...the need for the hydrocarbon law, Article 140, Sinjar agreement, all of these different things are coming together. The 2023 budget being next week, the World Trade Organization have had meetings today that included many countries not only Iraq , they're all waiting on the exchange rate.
1-21-2023 Intel Guru MarkZ [via PDK] There is still very positive chatter. Most of my banking contacts still believe it will happen by the first. Nobody knows the exact date except the handful of folks that pull the trigger. Do I still think January is possible? Absolutely. They have positioned the money and could pull the trigger at any time.
1-21-2023 Intel Guru Frank26 I feel in my heart this is coming. It's almost a no-brainer. I don't know when. I don't know how, well at least 1 to 1 when it leaves the country.
1-21-2023 Intel Guru Sheila [via PDK] [Nader (said) [See Guru Nader Post Below] ..."they can now send money electronically and internationally just this week. From France to Iraq with no problem" …Is this a sign?] I absolutely believe that is a sign. I hear a delegation from Iraq has been here a week to work on putting the rate live in the system. And we have been over there in Iraq working on the rate to go live there as well. I hear the rate will be live on the 29th. ...You cannot trade on the NASDAQ with the ISX without having a rate. And that is the whole purpose of the delegation being over here...and at this point nobody should believe this wont happen until 2024…. Pay attention…we are all at the right place at the right time...
1-21-2023 Newshound Guru Samson Article: "The Iraqi dinar pays the price.. Washington cuts off the dollar smuggling route to Iran" Putting a halt to Stealing USD.
1-21-2023 Intel Guru Frank26 Article: "The Wall Street Journal reveals the scenes of the Fed's tightening of the dollar in Iraq" THE WALL STREET JOURNAL AND THE INTERNATIONAL WORLD TALK ABOUT THE EXCHANGE RATES IN IRAQ.
1-21-2023 Guru Nader From The Mid East I know it's not a new thing but...before we're not able to do that. Now we are able to do that. What's weird is I've been watching the exchange rate. The exchange rate 1670/1650 but when I sent the money it was only 1460...just like the normal rate. That's good news. Something has happened. Something has happened tell you the truth. [Post 2 of 2]
1-21-2023 Guru Nader From The Mid East Today for the first time since 20 years my mom is able to receive money directly from bank to bank. What happened is, mom needed some money...I was in France. I heard they accepting an electronic payments. So I sent money to my mom from my bank in France through Iraq and she received it this morning! I sent it yesterday morning and she received it this morning. It's amazing. [Post 1 of 2....stay tuned]
1-21-2023 Newshound/Intel Guru BGG Article: "Saudi Arabia Says Open to Settling Trade in Other Currencies" ...Iraq is talking about their currency and it’s value almost every single day. The set of events I have discussed recently are now being talked about in MAINSTREAM outlets. Stick to news. [Reference Guru BGG post 1-15-2023]
1-21-2023 Intel Guru MarkZ [via PDK] Boom!!! Literally the morning that Kuwait changed their value…they published an article saying bare minimum…they were 6-9 months away from a revaluation…and then within a few hours they had a new rate. It floated all the way to about $9.88 then settled back down to where is now.
1-20-2023 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 >>
1-20-2023 Intel Guru Frank26 Question: "Is [A currency book] how banks in the United States are going to check for counterfeit bills? Or should we find a bank with some sort of machine?" Some will send them off to the mother bank if it's a small bank. That's why I encourage you to go to a big bank. Some of them might use just the currency book and that would probably be the smaller banks...You just don't want to lose sight of your dinars wherever you go. If you give them, they better give you the equivalent in American money. Don't let them take your dinars...
1-20-2023 Intel Guru MarkZ [via PDK] Please treat...as rumors as they are clouding things on purpose… A contact in Iraq gave me a rate. And somebody else gave me a “heads up” from what one of their Scandinavian bankers told them on Iraq and the possibility of a NEER rate. I am being told they are pushing hard for a full RV reset but that Iraq is prepared again if the reset is stalled to release the NEER. The latest value I am hearing from 3 different sources is $1.66 if they pull a NEER (Nominal Effective Exchange Rate)...I am hearing this from two different European contacts and someone in Iraq...their comments about the NEER today gave me warm fuzzies to know that something is going to move forward no matter what. My contact over there still says they have every expectation of going by the 31st...
1-20-2023 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 >>
1-20-2023 Newshound Guru Pimpy I said, 'Did they say why they were destroying them?' He didn't know why but their job was to protect their currency and so he had to log in a list of serial numbers and they were destroying it. He said they destroyed a ton of it. Even though it says there's 157 trillion dinars that are in circulation how many of them are actually in circulation? ...that's one of the question I have. I know this for a fact Iraq was trying really hard to figure out what is and is not in the hands of speculators and how many dinars are actually out there... [Post 2 of 2]
1-20-2023 Newshound Guru Pimpy The truth of the matter is we have no idea how much Iraqi currency is in circulation. I've read articles talking about for...5 or 6 years Iraq was spending somewhere in the neighborhood of a billion dollars...buying the dinars back and destroying them... [a] soldier was telling his friend that when he was in Iraq...he had to log in their currencies as they destroyed it. As soon as he said that I asked him about it. I said, 'You're talking about the new [dinar]? The dinars of today?' He said, yeah. [Post 1 of 2....stay tuned]
1-20-2023 Intel Guru Bruce [via WiserNow] ...the so called Super whales - wow that's got to be a big player...started being paid out and given access to funds... Wednesday...And it's continuing now...the good news is ...we don't have to wait on the Super whales to be paid out...we could start exchanges possibly as early as tomorrow [Friday] or Saturday... Things are looking very strong for us right now...I'm excited because I think we're finally...coming down the homestretch...and we're getting ready to let her fly.
1-20-2023 Newshound Guru Kaperoni I remind people...Iraq currently has over 100 trillion dinar in circulation. There is no possible way that can ever significantly RV the Iraqi dinar unless they gradually remove the currency in circulation first.
1-20-2023 Intel Guru Frank26 Article: "For the first time... $100 jumps over 165,000 dinars in Iraq" THE USD EXCHANGE RATE WILL FLUCTUATE UNTIL THE IQD FLOATS INTERNATIONALLY.
1-20-2023 Newshound Guru Clare Article 2: "Iraq Economy Reels as U.S. Moves Against Money Flows to Iran -- WSJ" Quote: "Iraqi banks had operated under less stringent rules since shortly after the 2003 U.S. invasion that toppled Saddam Hussein. Almost two decades later, American and Iraqi officials said they have decided it was time to bring Iraq's banking system into compliance with global money-transfer practices." [Post 2 of 2]
1-20-2023 Newshound Guru Clare Article: "The Wall Street Journal reveals the scenes of the Fed's tightening of the dollar in Iraq" Quote: "the Federal Reserve Bank in New York began imposing stricter controls on international transactions of dollars by Iraqi commercial banks in November 2022, in a step to reduce money laundering and illegal seizure of dollars that go to Iran and other countries in the Middle East that are subject to severe sanctions.” [Post 1 of 2...stay tuned]
1-20-2023 Intel Guru MarkZ [via PDK] I am still hearing nothing negative…but it’s still quiet on the RV front. We had a flurry of information last week and now we seem to be in a lull. I assume it’s because of the NDA’s that went out... I’m not panicking…I am definitely not thinking it’s delayed to 2024…NONE of my contacts think it any way will go in 2024…
1-20-2023 Newshound Guru Militia Man They're about to make a change and it's expected not only by the citizens but also by the Ministries. They're all expecting something to happen from the CBI...
1-20-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI came out and spoke because everyone is pointing fingers at the CBI. All they keep saying is the rise is for a reason. It's for the new electronic platforms that were in place to make sure that the dollar reached the one who needed it and not through other means illegally. This is absolutely new... streets are beginning to now start talking about how CBI is hurting every day citizens. FRANK: I don't blame you that you went to the CBI and you protested...The platforms that they're talking to you about, are where the dinar is going to float. There's nothing wrong with you as a citizen to put pressure on the CBI...
1-20-2023 Newshound Guru Henig "The dollar has gone down... the dollar has gone down"... cheers from the audience as Al-Sudani entered the Basra stadium" Quote: "the audience chanted: "Download the dollar...Download the dollar" in the dialect." IMO: Very poor translation in the headline there. It's not past tense, as the headline wants to show. They're calling for the Dollar to be devalued...
1-20-2023 Intel Guru MarkZ [via PDK] I am still being told the process is going…the process is working. And I cannot find anybody who thinks it will go as long as 2024. So please quit worrying about that.
1-20-2023 Intel Guru Frank26 Question: "Is [A currency book] how banks in the United States are going to check for counterfeit bills? Or should we find a bank with some sort of machine?" Some will send them off to the mother bank if it's a small bank. That's why I encourage you to go to a big bank. Some of them might use just the currency book and that would probably be the smaller banks...You just don't want to lose sight of your dinars wherever you go. If you give them, they better give you the equivalent in American money. Don't let them take your dinars...
1-20-2023 Intel Guru MarkZ [via PDK] Please treat...as rumors as they are clouding things on purpose… A contact in Iraq gave me a rate. And somebody else gave me a “heads up” from what one of their Scandinavian bankers told them on Iraq and the possibility of a NEER rate. I am being told they are pushing hard for a full RV reset but that Iraq is prepared again if the reset is stalled to release the NEER. The latest value I am hearing from 3 different sources is $1.66 if they pull a NEER (Nominal Effective Exchange Rate)...I am hearing this from two different European contacts and someone in Iraq...their comments about the NEER today gave me warm fuzzies to know that something is going to move forward no matter what. My contact over there still says they have every expectation of going by the 31st...
1-20-2023 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 >>
1-20-2023 Newshound Guru Pimpy I said, 'Did they say why they were destroying them?' He didn't know why but their job was to protect their currency and so he had to log in a list of serial numbers and they were destroying it. He said they destroyed a ton of it. Even though it says there's 157 trillion dinars that are in circulation how many of them are actually in circulation? ...that's one of the question I have. I know this for a fact Iraq was trying really hard to figure out what is and is not in the hands of speculators and how many dinars are actually out there... [Post 2 of 2]
1-20-2023 Newshound Guru Pimpy The truth of the matter is we have no idea how much Iraqi currency is in circulation. I've read articles talking about for...5 or 6 years Iraq was spending somewhere in the neighborhood of a billion dollars...buying the dinars back and destroying them... [a] soldier was telling his friend that when he was in Iraq...he had to log in their currencies as they destroyed it. As soon as he said that I asked him about it. I said, 'You're talking about the new [dinar]? The dinars of today?' He said, yeah. [Post 1 of 2....stay tuned]
1-20-2023 Intel Guru Bruce [via WiserNow] ...the so called Super whales - wow that's got to be a big player...started being paid out and given access to funds... Wednesday...And it's continuing now...the good news is ...we don't have to wait on the Super whales to be paid out...we could start exchanges possibly as early as tomorrow [Friday] or Saturday... Things are looking very strong for us right now...I'm excited because I think we're finally...coming down the homestretch...and we're getting ready to let her fly.
1-20-2023 Newshound Guru Kaperoni I remind people...Iraq currently has over 100 trillion dinar in circulation. There is no possible way that can ever significantly RV the Iraqi dinar unless they gradually remove the currency in circulation first.
1-20-2023 Intel Guru Frank26 Article: "For the first time... $100 jumps over 165,000 dinars in Iraq" THE USD EXCHANGE RATE WILL FLUCTUATE UNTIL THE IQD FLOATS INTERNATIONALLY.
1-20-2023 Newshound Guru Clare Article 2: "Iraq Economy Reels as U.S. Moves Against Money Flows to Iran -- WSJ" Quote: "Iraqi banks had operated under less stringent rules since shortly after the 2003 U.S. invasion that toppled Saddam Hussein. Almost two decades later, American and Iraqi officials said they have decided it was time to bring Iraq's banking system into compliance with global money-transfer practices." [Post 2 of 2]
1-20-2023 Newshound Guru Clare Article: "The Wall Street Journal reveals the scenes of the Fed's tightening of the dollar in Iraq" Quote: "the Federal Reserve Bank in New York began imposing stricter controls on international transactions of dollars by Iraqi commercial banks in November 2022, in a step to reduce money laundering and illegal seizure of dollars that go to Iran and other countries in the Middle East that are subject to severe sanctions.” [Post 1 of 2...stay tuned]
1-20-2023 Intel Guru MarkZ [via PDK] I am still hearing nothing negative…but it’s still quiet on the RV front. We had a flurry of information last week and now we seem to be in a lull. I assume it’s because of the NDA’s that went out... I’m not panicking…I am definitely not thinking it’s delayed to 2024…NONE of my contacts think it any way will go in 2024…
1-20-2023 Newshound Guru Militia Man They're about to make a change and it's expected not only by the citizens but also by the Ministries. They're all expecting something to happen from the CBI...
1-20-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI came out and spoke because everyone is pointing fingers at the CBI. All they keep saying is the rise is for a reason. It's for the new electronic platforms that were in place to make sure that the dollar reached the one who needed it and not through other means illegally. This is absolutely new... streets are beginning to now start talking about how CBI is hurting every day citizens. FRANK: I don't blame you that you went to the CBI and you protested...The platforms that they're talking to you about, are where the dinar is going to float. There's nothing wrong with you as a citizen to put pressure on the CBI...
1-20-2023 Newshound Guru Henig "The dollar has gone down... the dollar has gone down"... cheers from the audience as Al-Sudani entered the Basra stadium" Quote: "the audience chanted: "Download the dollar...Download the dollar" in the dialect." IMO: Very poor translation in the headline there. It's not past tense, as the headline wants to show. They're calling for the Dollar to be devalued...
1-20-2023 Intel Guru MarkZ [via PDK] I am still being told the process is going…the process is working. And I cannot find anybody who thinks it will go as long as 2024. So please quit worrying about that.
1-19-2023 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 >>
1-19-2023 Intel Guru Frank26 Bank story from Montana: My husband and I went to our local Stockman Bank last week. The currency exchange person at the bank confirmed we can exchange our IQDs with them when we are ready. She explained they will verify the bills in-house using their currency book. She said they don't have a machine to check the bills...It's in Stockman Bank in Billings Montana...the other thing that was crazy to us is that they told us they're only charging $30 for the exchange. No fees will be taken from our exchange with them.
1-19-2023 Intel Guru MarkZ [via PDK] There is still zero negative news…I did get a little news out of Iraq…I got a big chuckle when I said “Hey, people are very concerned that isn’t going to go until 2024.” I have a great contact over there in the finance ministry…and he told me there is no way they are waiting. He said “If the rest of the world isn’t ready …you could absolutely expect them to at least do a NEER (Nominal Effective Exchange Rate of about $1.60).
1-19-2023 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 >>
1-19-2023 Newshound Guru Sandy Ingram Iraq is still under sanctions and has an ongoing agreement with the U.S. government.
1-19-2023 Guest Guru BobTheTaxMan The [Modern day] IQD...replaced the previous currency that once had a value of $3.75 (that was an inflated price that was brought into play by Saddam. It wasn't justifiable and reality price)... [The IQD now] is considered to be under a managed float with little change in the value for the last two decades. The value is small at this point in time. The CBI...in recent years have stated they could support a $1.17...
1-19-2023 Newshound Guru Henig Article: "Economic: Reducing the price of the dollar outside the ability of the government and the central bank" IMO: This article is in the category of FUD: Fear, Uncertainty, and Doubt. By saying that there's nothing anyone in Iraq can do about their own currency, they spread a feeling of hopelessness among the Iraqi people--and among investors in the Dinar. When investors feel hopeless, they start looking for the exits. That's the point of stories like this...This is an intentional strategy. Recognize and understand.
1-19-2023 Intel Guru MarkZ [via PDK] "Iraq dinar plunges to a new low despite the government measures.” They are under pressure …and imo the Iraqi people are more than a little frustrated because they were expecting the change in the dinar value to have happened already.
1-19-2023 Newshound Guru Clare Article: "For the first time... $100 jumps over 165,000 dinars in Iraq " Quote: "The exchange rates of the US dollar against the Iraqi dinar jumped today, Thursday, in the main stock exchange in the capital, Baghdad, and in Erbil, the capital of Kurdistan Region, to record more than 165,000 dinars.
1-19-2023 Newshound Guru Militia Man All the things we're seeing right now are pointing to a picture Iraq is about to make a move with their exchange rate and the reasons why they're keeping it quiet is because it's sensitive. It's not the CBI's job to come out and tell you exactly what they're going to do...
1-19-2023 Intel Guru MarkZ [via PDK] I am still getting exceptionally positive news from every corner of the world. Every paymaster…every bank contact…. They all expect it in the month of January. So the PTB better get awfully busy.
1-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It's gone from bad to worse on the streets. The markets are calling for something to be done. A lot of pointing at the CBI and their failure of handling the exchange rate. More and more hate is coming at the CBI. FRANK: Unfortunately...you have to suffer right now in order to prosper very soon...
1-19-2023 Newshound Guru Kaperoni [via Zig] ...The IMF, World Bank and UN are there to support countries not demand reforms and punish them for not following guidelines... Only the IMF would work with Iraq regarding monetary policy and nobody is telling Iraq to change the value of their exchange rate... In fact, it was agreed upon that it would stay the same for a few more years... Only with the success and growth of Iraq diversifying their economy will Iraq float the dinar... They have a lot of work to do including passing over 100 stalled laws to encourage investment that they keep saying they're going to pass but they never do... Until that happens the dinar will remain weak...
1-19-2023 Newshound/Intel Guru Mnt Goat The German engineering company (Siemens) is a pioneer in the field of energy production, and it has a plan to raise the rates of electricity supply to Iraq...Why is this so important to us as investors in the dinar? Modern banking is all electronic...Even to conduct electronic transfers of funds needs the electric grid up and running 24/7. Once Iraq goes international this will be a necessity...
1-19-2023 Intel Guru Frank26 Bank story from Montana: My husband and I went to our local Stockman Bank last week. The currency exchange person at the bank confirmed we can exchange our IQDs with them when we are ready. She explained they will verify the bills in-house using their currency book. She said they don't have a machine to check the bills...It's in Stockman Bank in Billings Montana...the other thing that was crazy to us is that they told us they're only charging $30 for the exchange. No fees will be taken from our exchange with them.
1-19-2023 Intel Guru MarkZ [via PDK] There is still zero negative news…I did get a little news out of Iraq…I got a big chuckle when I said “Hey, people are very concerned that isn’t going to go until 2024.” I have a great contact over there in the finance ministry…and he told me there is no way they are waiting. He said “If the rest of the world isn’t ready …you could absolutely expect them to at least do a NEER (Nominal Effective Exchange Rate of about $1.60).
1-19-2023 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 >>
1-19-2023 Newshound Guru Sandy Ingram Iraq is still under sanctions and has an ongoing agreement with the U.S. government.
1-19-2023 Guest Guru BobTheTaxMan The [Modern day] IQD...replaced the previous currency that once had a value of $3.75 (that was an inflated price that was brought into play by Saddam. It wasn't justifiable and reality price)... [The IQD now] is considered to be under a managed float with little change in the value for the last two decades. The value is small at this point in time. The CBI...in recent years have stated they could support a $1.17...
1-19-2023 Newshound Guru Henig Article: "Economic: Reducing the price of the dollar outside the ability of the government and the central bank" IMO: This article is in the category of FUD: Fear, Uncertainty, and Doubt. By saying that there's nothing anyone in Iraq can do about their own currency, they spread a feeling of hopelessness among the Iraqi people--and among investors in the Dinar. When investors feel hopeless, they start looking for the exits. That's the point of stories like this...This is an intentional strategy. Recognize and understand.
1-19-2023 Intel Guru MarkZ [via PDK] "Iraq dinar plunges to a new low despite the government measures.” They are under pressure …and imo the Iraqi people are more than a little frustrated because they were expecting the change in the dinar value to have happened already.
1-19-2023 Newshound Guru Clare Article: "For the first time... $100 jumps over 165,000 dinars in Iraq " Quote: "The exchange rates of the US dollar against the Iraqi dinar jumped today, Thursday, in the main stock exchange in the capital, Baghdad, and in Erbil, the capital of Kurdistan Region, to record more than 165,000 dinars.
1-19-2023 Newshound Guru Militia Man All the things we're seeing right now are pointing to a picture Iraq is about to make a move with their exchange rate and the reasons why they're keeping it quiet is because it's sensitive. It's not the CBI's job to come out and tell you exactly what they're going to do...
1-19-2023 Intel Guru MarkZ [via PDK] I am still getting exceptionally positive news from every corner of the world. Every paymaster…every bank contact…. They all expect it in the month of January. So the PTB better get awfully busy.
1-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It's gone from bad to worse on the streets. The markets are calling for something to be done. A lot of pointing at the CBI and their failure of handling the exchange rate. More and more hate is coming at the CBI. FRANK: Unfortunately...you have to suffer right now in order to prosper very soon...
1-19-2023 Newshound Guru Kaperoni [via Zig] ...The IMF, World Bank and UN are there to support countries not demand reforms and punish them for not following guidelines... Only the IMF would work with Iraq regarding monetary policy and nobody is telling Iraq to change the value of their exchange rate... In fact, it was agreed upon that it would stay the same for a few more years... Only with the success and growth of Iraq diversifying their economy will Iraq float the dinar... They have a lot of work to do including passing over 100 stalled laws to encourage investment that they keep saying they're going to pass but they never do... Until that happens the dinar will remain weak...
1-19-2023 Newshound/Intel Guru Mnt Goat The German engineering company (Siemens) is a pioneer in the field of energy production, and it has a plan to raise the rates of electricity supply to Iraq...Why is this so important to us as investors in the dinar? Modern banking is all electronic...Even to conduct electronic transfers of funds needs the electric grid up and running 24/7. Once Iraq goes international this will be a necessity...
1-18-2023 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 >>
1-18-2023 Intel Guru Bruce [via WiserNow] Certainly in the next couple days, maybe more. We should be moving into the position of setting appointments and getting our exchanges started...Now one little side note here, There will be toll free numbers...if anybody doesn't know that by now and are saying something different they really don't understand what the heck's going on...Most of the banks are very quiet right now...No news is good news...So I'm excited about it, guys. I'm very excited... I feel we're finally there...[See Guru Frank26's counter perspective below - NOTE: We have over 100,000 members who will have real life exchange experiences to share. You'll get the good, the bad and the ugly. If that includes 800#s members like, you'll get it. If it includes 800#s to avoid like the plague because members report being scammed out of money, you'll get that too. Be sure you're on the Dinar Guru Alert List at the top of this page...it's free to join.]
1-18-2023 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 >>
1-18-2023 Newshound Guru Kaperoni There is no new exchange rate. At least not for the time being. What Iraq is trying to do now is provide stability with the exchange rate. Until Iraq diversifies their economy, increases GDP there will be no change in the exchange rate.
1-18-2023 Intel Guru MarkZ [via PDK] [My Banking Contact at Wells Fargo Says The RV Exchange Process Will be in full mode by Feb 1.] that would exactly fit with what most of my banking contacts are telling me right now. So I believe we have to go before then so it’s in full swing by the 1st.
1-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is still talking that the exchange rate will soon return to normal.
1-18-2023 Newshound Guru Sandy Ingram Iraqi banks have had to comply with certain criteria of the SWIFT International Transfer System in order to access their foreign reserves. This foreign reserve is $100 billion is held at the U.S. federal reserve. You can see the U.S. is playing a part in helping Iraq to grow stronger financially.
1-18-2023 Newshound Guru Militia Man The CBI will have to make an exchange rate change...They've said they were going to redenominate their currency to match the region and we expect that to happen relatively soon. They publicly stated they may be doing a 20K note but we believe it's not the truth because there's no other countries in the region that use 20k notes. We believe that the redenomination that the central bank has told us they were going to do will be part of the plan of the project to delete the zeros off the exchange rate and go into a new international world.
1-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said don't worry...they're just practicing the float. It's probably going to go back to 1180 at first but don't worry. Watch it go from 1 to 1 and then a float should begin. Let's watch for the move to 1180 or close to that and see from there.
1-18-2023 Intel Guru MarkZ [via PDK] Here is an older article...”The Central bank announces the imminent introductions of large quantities of small denominations of the currency” ...a lot of folks out there believe the RV won’t happen until the LD’s are released. 4-5 years ago the Iraqi budget showed receipts where they had spent big money with DeLaRue to print lower denominations. We had pictures of contracts for those back then. So lower denominations are done and created...This article will give you an idea of how ready Iraq is …they are sitting in preparation for this. This article is from 2018. So they have been prepared since at least 2018 for this revaluation.
1-18-2023 Newshound Guru Clare Article: "A new announcement by the Central Bank on the exchange rate of the dollar" Quote: "The bank's advisor, Ihsan Al-Yasiri, said in a press statement today, Wednesday, that: 'The rise in the exchange rate of the dollar against the Iraqi dinar is a result of the development of an electronic platform to ensure that the dollar reaches directly to the people who benefit from it without going through additional episodes.'"
1-18-2023 Newshound Guru Samson Article: "A deputy sets a condition for voting on the 2023 budget related to the dollar exchange rate" REDUCE THE DOLLAR TO THE DINAR
1-18-2023 Intel Guru Frank26 There is no "800#". That's stupid...take your credit card, turn it around, there's your 800# for the bank. Call them and ask them if they are exchanging the Iraqi dinar. Don't do it now. You know better than that. [See Guru Bruce's counter perspective above - NOTE: We have over 100,000 members who will have real life exchange experiences to share. You'll get the good, the bad and the ugly. If that includes 800#s members like, you'll get it. If it includes 800#s to avoid like the plague because members report being scammed out of money, you'll get that too. Be sure you're on the Dinar Guru Alert List at the top of this page...it's free to join.]
1-18-2023 Intel Guru Bruce [via WiserNow] Certainly in the next couple days, maybe more. We should be moving into the position of setting appointments and getting our exchanges started...Now one little side note here, There will be toll free numbers...if anybody doesn't know that by now and are saying something different they really don't understand what the heck's going on...Most of the banks are very quiet right now...No news is good news...So I'm excited about it, guys. I'm very excited... I feel we're finally there...[See Guru Frank26's counter perspective below - NOTE: We have over 100,000 members who will have real life exchange experiences to share. You'll get the good, the bad and the ugly. If that includes 800#s members like, you'll get it. If it includes 800#s to avoid like the plague because members report being scammed out of money, you'll get that too. Be sure you're on the Dinar Guru Alert List at the top of this page...it's free to join.]
1-18-2023 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 >>
1-18-2023 Newshound Guru Kaperoni There is no new exchange rate. At least not for the time being. What Iraq is trying to do now is provide stability with the exchange rate. Until Iraq diversifies their economy, increases GDP there will be no change in the exchange rate.
1-18-2023 Intel Guru MarkZ [via PDK] [My Banking Contact at Wells Fargo Says The RV Exchange Process Will be in full mode by Feb 1.] that would exactly fit with what most of my banking contacts are telling me right now. So I believe we have to go before then so it’s in full swing by the 1st.
1-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is still talking that the exchange rate will soon return to normal.
1-18-2023 Newshound Guru Sandy Ingram Iraqi banks have had to comply with certain criteria of the SWIFT International Transfer System in order to access their foreign reserves. This foreign reserve is $100 billion is held at the U.S. federal reserve. You can see the U.S. is playing a part in helping Iraq to grow stronger financially.
1-18-2023 Newshound Guru Militia Man The CBI will have to make an exchange rate change...They've said they were going to redenominate their currency to match the region and we expect that to happen relatively soon. They publicly stated they may be doing a 20K note but we believe it's not the truth because there's no other countries in the region that use 20k notes. We believe that the redenomination that the central bank has told us they were going to do will be part of the plan of the project to delete the zeros off the exchange rate and go into a new international world.
1-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said don't worry...they're just practicing the float. It's probably going to go back to 1180 at first but don't worry. Watch it go from 1 to 1 and then a float should begin. Let's watch for the move to 1180 or close to that and see from there.
1-18-2023 Intel Guru MarkZ [via PDK] Here is an older article...”The Central bank announces the imminent introductions of large quantities of small denominations of the currency” ...a lot of folks out there believe the RV won’t happen until the LD’s are released. 4-5 years ago the Iraqi budget showed receipts where they had spent big money with DeLaRue to print lower denominations. We had pictures of contracts for those back then. So lower denominations are done and created...This article will give you an idea of how ready Iraq is …they are sitting in preparation for this. This article is from 2018. So they have been prepared since at least 2018 for this revaluation.
1-18-2023 Newshound Guru Clare Article: "A new announcement by the Central Bank on the exchange rate of the dollar" Quote: "The bank's advisor, Ihsan Al-Yasiri, said in a press statement today, Wednesday, that: 'The rise in the exchange rate of the dollar against the Iraqi dinar is a result of the development of an electronic platform to ensure that the dollar reaches directly to the people who benefit from it without going through additional episodes.'"
1-18-2023 Newshound Guru Samson Article: "A deputy sets a condition for voting on the 2023 budget related to the dollar exchange rate" REDUCE THE DOLLAR TO THE DINAR
1-18-2023 Intel Guru Frank26 There is no "800#". That's stupid...take your credit card, turn it around, there's your 800# for the bank. Call them and ask them if they are exchanging the Iraqi dinar. Don't do it now. You know better than that. [See Guru Bruce's counter perspective above - NOTE: We have over 100,000 members who will have real life exchange experiences to share. You'll get the good, the bad and the ugly. If that includes 800#s members like, you'll get it. If it includes 800#s to avoid like the plague because members report being scammed out of money, you'll get that too. Be sure you're on the Dinar Guru Alert List at the top of this page...it's free to join.]
1-17-2023 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! Time is of the essence.
Click here to learn more >>
1-17-2023 Intel Guru MarkZ [via PDK] very little RV News happening…. Some meetings happening tonight…But it has been exceptionally quiet today… Maybe that is a good thing…most of my calls are going straight to voice mail...it may be a good sign. But there is nothing negative at all.
1-17-2023 Newshound Guru Kaperoni Over the last week or so there's been a lot of discussion with Iraq completing the documentation for accession to the WTO.
1-17-2023 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 >>
1-17-2023 Newshound Guru Militia Man In county of Iraq they don't have the ability to use dollars anymore. The U.S. Federal Reserve Bank has stopped the way they are allowed to do dollar auctions in the country...that puts pressure on the citizens because the local exchange rate is going down which is causing them to pay more for goods and services. The U.S. fed...is creating an environment that's forcing the country effectively to get off the dollar...foods are going sky-high...it's creating that environment where the CBI is going to have to make an exchange change and it's going to have to happen quickly.
1-17-2023 Intel Guru MarkZ [via PDK] I just got an email from Dr. Scott Young: “Every member of congress holds unbelievable amounts of dinar dong, zim ect….” I know a number of politicians that are holding pretty sizable amounts of currency.
1-17-2023 Newshound Guru Pimpy Looks like Al-Sudani is fast stepping all kinds of projects to help them get away from relying so much on the oil revenue, which is something we've been waiting for now for a few years-decades. But we saw Al-Kazemi trying to make the effort to move forward and didn't have the type of support Al-Sudani does. It looks like Al-Sudani is fast tracking all of this work which is outstanding for anybody invested in Iraqi dinar and even more so for the Iraqi people...
1-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking why the exchange rate has been up and down since November and the government officials say it's for the new system. The new system is called SWIFT...Iraq is actually floating its rate inside of Iraq right now. FRANK: This is the education we told you about. The monetary reform education.
1-17-2023 Intel Guru MarkZ [via PDK] It’s been very quiet on the RV front...not hearing anything on timing for us yet…I know we are all very frustrated with waiting. [Mark, do you think we will go this week.] I have been asked to keep the range “wide” but yes, think there is a good chance.
1-17-2023 Newshound Guru Sandy Ingram The official IQD exchange rate has been fixed at 1470 Iraqi dinars against 1 U.S. dollar. Now the currency was trading at up to 1600 on local markets from mid-November before settling at around 1570 dinars. Now you're asking yourself, 'What's the big deal? It's only a small small change?' Wrong! It's a major big deal. It has sent panic waves through Iraq because of the increase in the cost of imports goods, wheat and gas...
1-17-2023 Newshound/Intel Guru Mnt Goat Article: "RULE OF LAW: THE 2023 BUDGET WILL BE PASSED IN RECORD TIME" I don’t know how they tell time in Iraq. They must have watches on some kind of delay mechanisms to set them months back from reality…lol... Heck they all know that the budget will NOT get done in record time as it NEVER is done in record time and they say this each year that it will. Go figure.
1-17-2023 Guest Guru Sah Yes they are out of chapter 7 formally a few months back. IMF stated that Iraq did overpay and was paid back about 7 million and was taken off Chapter 7 and submitted to the UN. It was one of the requirements the IMF made for them to go international...
Click here to learn more >>
1-17-2023 Intel Guru MarkZ [via PDK] very little RV News happening…. Some meetings happening tonight…But it has been exceptionally quiet today… Maybe that is a good thing…most of my calls are going straight to voice mail...it may be a good sign. But there is nothing negative at all.
1-17-2023 Newshound Guru Kaperoni Over the last week or so there's been a lot of discussion with Iraq completing the documentation for accession to the WTO.
1-17-2023 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 >>
1-17-2023 Newshound Guru Militia Man In county of Iraq they don't have the ability to use dollars anymore. The U.S. Federal Reserve Bank has stopped the way they are allowed to do dollar auctions in the country...that puts pressure on the citizens because the local exchange rate is going down which is causing them to pay more for goods and services. The U.S. fed...is creating an environment that's forcing the country effectively to get off the dollar...foods are going sky-high...it's creating that environment where the CBI is going to have to make an exchange change and it's going to have to happen quickly.
1-17-2023 Intel Guru MarkZ [via PDK] I just got an email from Dr. Scott Young: “Every member of congress holds unbelievable amounts of dinar dong, zim ect….” I know a number of politicians that are holding pretty sizable amounts of currency.
1-17-2023 Newshound Guru Pimpy Looks like Al-Sudani is fast stepping all kinds of projects to help them get away from relying so much on the oil revenue, which is something we've been waiting for now for a few years-decades. But we saw Al-Kazemi trying to make the effort to move forward and didn't have the type of support Al-Sudani does. It looks like Al-Sudani is fast tracking all of this work which is outstanding for anybody invested in Iraqi dinar and even more so for the Iraqi people...
1-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking why the exchange rate has been up and down since November and the government officials say it's for the new system. The new system is called SWIFT...Iraq is actually floating its rate inside of Iraq right now. FRANK: This is the education we told you about. The monetary reform education.
1-17-2023 Intel Guru MarkZ [via PDK] It’s been very quiet on the RV front...not hearing anything on timing for us yet…I know we are all very frustrated with waiting. [Mark, do you think we will go this week.] I have been asked to keep the range “wide” but yes, think there is a good chance.
1-17-2023 Newshound Guru Sandy Ingram The official IQD exchange rate has been fixed at 1470 Iraqi dinars against 1 U.S. dollar. Now the currency was trading at up to 1600 on local markets from mid-November before settling at around 1570 dinars. Now you're asking yourself, 'What's the big deal? It's only a small small change?' Wrong! It's a major big deal. It has sent panic waves through Iraq because of the increase in the cost of imports goods, wheat and gas...
1-17-2023 Newshound/Intel Guru Mnt Goat Article: "RULE OF LAW: THE 2023 BUDGET WILL BE PASSED IN RECORD TIME" I don’t know how they tell time in Iraq. They must have watches on some kind of delay mechanisms to set them months back from reality…lol... Heck they all know that the budget will NOT get done in record time as it NEVER is done in record time and they say this each year that it will. Go figure.
1-17-2023 Guest Guru Sah Yes they are out of chapter 7 formally a few months back. IMF stated that Iraq did overpay and was paid back about 7 million and was taken off Chapter 7 and submitted to the UN. It was one of the requirements the IMF made for them to go international...
1-16-2023 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! Time is of the essence.
Click here to learn more >>
1-16-2023 Intel Guru Frank26 How long with the float last? ...6 months - a year. They'll give it plenty of time. They are not just going to stop it without telling you. But they will start it without telling you.
1-16-2023 Intel Guru MarkZ [via PDK] ...folks in groups are expecting a lot to happen tomorrow. I think they are still premature…but there has been fantastic chatter. I am not hearing anything negative…I’m just trying to keep us all grounded. Its been an encouraging day…nothing negative and nothing earth shattering either. I was really expecting a lot more today...Based on everything I am seeing I am fairly confident we will be going in January. My contacts may have egg on their faces by next week if we have not already gone by then. But, we are watching serious solid progress day in and day out….
1-16-2023 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 >>
1-16-2023 Newshound Guru Samson Article: "Al-Nusairi announces the release of his new book, "The Central Bank of Iraq...The Journey of Challenges and Achievements 2003-2022" Quote: "The book reviews the challenges that the Central Bank of Iraq faced during twenty years, the policies, programs and strategies it adopted and the achievements that achieved its goals"
1-16-2023 Newshound Guru Clare IMO WE ARE AT THE END...
1-16-2023 Intel Guru MarkZ [via PDK] From iraq: “Muthana Amin: The draft budget should reach parliament this month” The reason I post and share these is just going back to the fundamentals in Iraq…Iraq is pushing to change their value…. They want to change their value…they need to change their value. They need to reinstate their old value or revalue significantly the current value…and that is what they are working on.
1-16-2023 Newshound Guru Pimpy Article: "What is the secret of the decline in the Iraqi dinar despite the increase in dollar reserves?" Having large amounts of reserves in gold strengthens your currency...why is the dinar losing value to the U.S. dollar? Quote: "...the currency lost about 10% of its value. This decline is not huge but it's starting to worry Iraqis about the price of imported goods..."
1-16-2023 Newshound/Intel Guru Walkingstick [via Frank26] Will the Iraqi dinar come out at a program rate in the basket? I don't know but we do know Kuwait said to the IMF we have an agreement. The agreement was the value of the Iraqi dinar cannot be higher than our value. Therefore, it is not in the realm of impossibility to consider that it would be $3+ like the other Arab country currencies. The agreement was the value would not be more than the AAD (The Arab Accounting Dinar). These things were agreed upon a long time ago for the events that are happening right now...
1-16-2023 Intel Guru MarkZ [via PDK] ...let’s talk about what I heard over the weekend. Lots of progress in positioning and putting funds in place...The banking system is robust in the US and are moving forward quickly. They are already prepared. (for the most part) My sources told me this weekend that South America, Central America, and Europe bankers were scrambling to be prepared for “any moment” …maybe as early as tomorrow... we are well within the window for it to “GO”. I am still excited about the regular, steady progress we are seeing. I am not expecting the RV today…but I am expecting it very soon.
1-16-2023 Intel Guru Frank26 Article: "THE CENTRAL BANK CALLS ON EXCHANGE COMPANIES IN "KURDISTAN" TO ADAPT TO ITS INSTRUCTIONS AND THREATENS VIOLATORS" CBI GIVES FINAL INSTRUCTIONS ON THE MONETARY REFORM TO ALL OF ITS BANKS
1-16-2023 Newshound Guru Sandy Ingram International news feeds light up with details on the Iraqi PM statement on US troops. Article: "Iraqi PM backs indefinite US troop presence in country" Quote: "Iraq would like similar relations with Washington to those enjoyed by Saudi Arabia and other Persian Gulf oil and gas producers says Iraqi Prime Minister Mohammed al-Sudani"
1-16-2023 Newshound Guru Pimpy Although this [past] article makes a great case why the rate is gong to be reinstated at $3.22...there's nothing out there that guarantees the rate at $3.22. I say that hesitantly because in an article they tell you why the rate is going to be reinstated at $3.22 and they're using quotes from individuals who are part of the United Nations and the whole nine yards...there's places within the article which I'm going to have to elaborate a little more so people are not misled...I realize you guys..are grown adults...I'm going to elaborate more and point out why there's some concerns about something being said in there... [Stay tuned for Guru Pimpy's elaboration]
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1-16-2023 Intel Guru Frank26 How long with the float last? ...6 months - a year. They'll give it plenty of time. They are not just going to stop it without telling you. But they will start it without telling you.
1-16-2023 Intel Guru MarkZ [via PDK] ...folks in groups are expecting a lot to happen tomorrow. I think they are still premature…but there has been fantastic chatter. I am not hearing anything negative…I’m just trying to keep us all grounded. Its been an encouraging day…nothing negative and nothing earth shattering either. I was really expecting a lot more today...Based on everything I am seeing I am fairly confident we will be going in January. My contacts may have egg on their faces by next week if we have not already gone by then. But, we are watching serious solid progress day in and day out….
1-16-2023 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 >>
1-16-2023 Newshound Guru Samson Article: "Al-Nusairi announces the release of his new book, "The Central Bank of Iraq...The Journey of Challenges and Achievements 2003-2022" Quote: "The book reviews the challenges that the Central Bank of Iraq faced during twenty years, the policies, programs and strategies it adopted and the achievements that achieved its goals"
1-16-2023 Newshound Guru Clare IMO WE ARE AT THE END...
1-16-2023 Intel Guru MarkZ [via PDK] From iraq: “Muthana Amin: The draft budget should reach parliament this month” The reason I post and share these is just going back to the fundamentals in Iraq…Iraq is pushing to change their value…. They want to change their value…they need to change their value. They need to reinstate their old value or revalue significantly the current value…and that is what they are working on.
1-16-2023 Newshound Guru Pimpy Article: "What is the secret of the decline in the Iraqi dinar despite the increase in dollar reserves?" Having large amounts of reserves in gold strengthens your currency...why is the dinar losing value to the U.S. dollar? Quote: "...the currency lost about 10% of its value. This decline is not huge but it's starting to worry Iraqis about the price of imported goods..."
1-16-2023 Newshound/Intel Guru Walkingstick [via Frank26] Will the Iraqi dinar come out at a program rate in the basket? I don't know but we do know Kuwait said to the IMF we have an agreement. The agreement was the value of the Iraqi dinar cannot be higher than our value. Therefore, it is not in the realm of impossibility to consider that it would be $3+ like the other Arab country currencies. The agreement was the value would not be more than the AAD (The Arab Accounting Dinar). These things were agreed upon a long time ago for the events that are happening right now...
1-16-2023 Intel Guru MarkZ [via PDK] ...let’s talk about what I heard over the weekend. Lots of progress in positioning and putting funds in place...The banking system is robust in the US and are moving forward quickly. They are already prepared. (for the most part) My sources told me this weekend that South America, Central America, and Europe bankers were scrambling to be prepared for “any moment” …maybe as early as tomorrow... we are well within the window for it to “GO”. I am still excited about the regular, steady progress we are seeing. I am not expecting the RV today…but I am expecting it very soon.
1-16-2023 Intel Guru Frank26 Article: "THE CENTRAL BANK CALLS ON EXCHANGE COMPANIES IN "KURDISTAN" TO ADAPT TO ITS INSTRUCTIONS AND THREATENS VIOLATORS" CBI GIVES FINAL INSTRUCTIONS ON THE MONETARY REFORM TO ALL OF ITS BANKS
1-16-2023 Newshound Guru Sandy Ingram International news feeds light up with details on the Iraqi PM statement on US troops. Article: "Iraqi PM backs indefinite US troop presence in country" Quote: "Iraq would like similar relations with Washington to those enjoyed by Saudi Arabia and other Persian Gulf oil and gas producers says Iraqi Prime Minister Mohammed al-Sudani"
1-16-2023 Newshound Guru Pimpy Although this [past] article makes a great case why the rate is gong to be reinstated at $3.22...there's nothing out there that guarantees the rate at $3.22. I say that hesitantly because in an article they tell you why the rate is going to be reinstated at $3.22 and they're using quotes from individuals who are part of the United Nations and the whole nine yards...there's places within the article which I'm going to have to elaborate a little more so people are not misled...I realize you guys..are grown adults...I'm going to elaborate more and point out why there's some concerns about something being said in there... [Stay tuned for Guru Pimpy's elaboration]
1-15-2023 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 >>
1-15-2023 Intel Guru Frank26 Article: "The dollar is declining in the Iraqi market" REMEMBER WHAT WE TOLD YOU NOW THAT THE IQD IS DEPEGGED, THE USD WILL FLUCTUATE CONSTANTLY... UNTIL THE IQD FLOATS.
1-15-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are taking about new small category notes to the citizens of Iraq which means a new exchange rate to match them. You can't put new small category notes into the market without the current exchange rate. It won't work...
1-15-2023 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! Time is of the essence.
Click here to learn more >>
1-15-2023 Newshound Guru Breitling Iraq is still cranking. The powers that be in Iraq, the people with the authority, I haven't heard one of them say, 'This isn't going to work. We aren't going to add value to our currency. Maybe in 30 years.' Nothing. They're still on it. They're still very very enthusiastic about it. They need to weaponize their own currency is the language that they're using. So that's all good.
1-15-2023 Newshound/Intel Guru BGG Article: "Al-Fateh: Selling oil in currencies other than the US dollar is very possible" I have said this and said it and said it… This is not an unrealistic set of events. EVERYONE wants off the US Dollar. The question is, what will they get on? What if it were Dinar?!? WOW.
1-15-2023 Newshound Guru Kaperoni What law needs to be passed now? It's not what law, it's laws. They're over 100 outstanding laws in Iraq that need to be passed to encourage investment in Iraq. Nothing is happening with the dinar until Iraq develops a private sector economy!
1-15-2023 Intel Guru Frank26 Article: "In the document .. The Parliamentary Human Rights Committee calls on the Central Bank, the Ministry of Finance and the concerned authorities to reduce the price of the dollar". THE NEW EXCHANGE RATE AND THE NSCN's WILL SUFFOCATE THE VALUE OF THE DOLLAR IN IRAQ.
1-15-2023 Newshound Guru Pimpy If you want to have a stronger exchange rate for your currency you need a very stable government. You need a stable currency. You need a stable economy and having 94% of your budget relying on oil revenues is not a stable economy. Al-Kazemi went in there and changed it. It used to be like 98% relied on oil revenues and now it's down to 96%. It doesn't sound like much but that does make a difference. I like to see how far Al-Sudani is going to get. I'm sure he's doing anything and everything he can to make as much of an impression to the people of Iraq so when they go to early elections they'll consider him all over again...
1-15-2023 Newshound Guru Clare Article: "An expected visit of an Iraqi delegation to Washington, and the "Dinar and Dollar" file is at the forefront of the talks" Quote: "a high-ranking Iraqi delegation to visit the United States on the eighth of next February...The delegation, which includes economic officials and from the Central Bank, will hold meetings with senior US officials in Washington to discuss the issue of the dinar and the dollar, and the economic relations between the two countries,"
1-15-2023 Intel Guru Frank26 Question: "Is the exchange going to be taxed?" Oh, yeah! Have you ever made a capital gains where you never had to pay tax on it? Maybe on a different planet but not on Earth...if you exchange them inside of a year's purchase you'll be somewhere in the 40% tax range. But if you hold it and you have capital gain after one year of holding it you'll probably be in the 20% range. [NOTE: Other gurus feel it will be taxed as ordinary income not capital gains. At the appropriate time consult your tax professionals to determine the right tax for your unique circumstances.]
1-15-2023 Intel Guru MarkZ [via PDK] I am hearing from contacts in Iraq that they did indeed bring them in (bankers?) to update them on how they are going to handle the restoration of the rate. Restoring it to its old value. This is big – its absolutely enormous for us….
1-15-2023 Newshound/Intel Guru Mnt Goat ...the corruption in Iraq is affecting the reinstatement of the dinar...it is my full belief that we will not see the RV we are looking for until the corruption in Iraq is taken care of...
1-15-2023 Intel Guru Frank26 Article: "The dollar is declining in the Iraqi market" REMEMBER WHAT WE TOLD YOU NOW THAT THE IQD IS DEPEGGED, THE USD WILL FLUCTUATE CONSTANTLY... UNTIL THE IQD FLOATS.
1-15-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are taking about new small category notes to the citizens of Iraq which means a new exchange rate to match them. You can't put new small category notes into the market without the current exchange rate. It won't work...
1-15-2023 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! Time is of the essence.
Click here to learn more >>
1-15-2023 Newshound Guru Breitling Iraq is still cranking. The powers that be in Iraq, the people with the authority, I haven't heard one of them say, 'This isn't going to work. We aren't going to add value to our currency. Maybe in 30 years.' Nothing. They're still on it. They're still very very enthusiastic about it. They need to weaponize their own currency is the language that they're using. So that's all good.
1-15-2023 Newshound/Intel Guru BGG Article: "Al-Fateh: Selling oil in currencies other than the US dollar is very possible" I have said this and said it and said it… This is not an unrealistic set of events. EVERYONE wants off the US Dollar. The question is, what will they get on? What if it were Dinar?!? WOW.
1-15-2023 Newshound Guru Kaperoni What law needs to be passed now? It's not what law, it's laws. They're over 100 outstanding laws in Iraq that need to be passed to encourage investment in Iraq. Nothing is happening with the dinar until Iraq develops a private sector economy!
1-15-2023 Intel Guru Frank26 Article: "In the document .. The Parliamentary Human Rights Committee calls on the Central Bank, the Ministry of Finance and the concerned authorities to reduce the price of the dollar". THE NEW EXCHANGE RATE AND THE NSCN's WILL SUFFOCATE THE VALUE OF THE DOLLAR IN IRAQ.
1-15-2023 Newshound Guru Pimpy If you want to have a stronger exchange rate for your currency you need a very stable government. You need a stable currency. You need a stable economy and having 94% of your budget relying on oil revenues is not a stable economy. Al-Kazemi went in there and changed it. It used to be like 98% relied on oil revenues and now it's down to 96%. It doesn't sound like much but that does make a difference. I like to see how far Al-Sudani is going to get. I'm sure he's doing anything and everything he can to make as much of an impression to the people of Iraq so when they go to early elections they'll consider him all over again...
1-15-2023 Newshound Guru Clare Article: "An expected visit of an Iraqi delegation to Washington, and the "Dinar and Dollar" file is at the forefront of the talks" Quote: "a high-ranking Iraqi delegation to visit the United States on the eighth of next February...The delegation, which includes economic officials and from the Central Bank, will hold meetings with senior US officials in Washington to discuss the issue of the dinar and the dollar, and the economic relations between the two countries,"
1-15-2023 Intel Guru Frank26 Question: "Is the exchange going to be taxed?" Oh, yeah! Have you ever made a capital gains where you never had to pay tax on it? Maybe on a different planet but not on Earth...if you exchange them inside of a year's purchase you'll be somewhere in the 40% tax range. But if you hold it and you have capital gain after one year of holding it you'll probably be in the 20% range. [NOTE: Other gurus feel it will be taxed as ordinary income not capital gains. At the appropriate time consult your tax professionals to determine the right tax for your unique circumstances.]
1-15-2023 Intel Guru MarkZ [via PDK] I am hearing from contacts in Iraq that they did indeed bring them in (bankers?) to update them on how they are going to handle the restoration of the rate. Restoring it to its old value. This is big – its absolutely enormous for us….
1-15-2023 Newshound/Intel Guru Mnt Goat ...the corruption in Iraq is affecting the reinstatement of the dinar...it is my full belief that we will not see the RV we are looking for until the corruption in Iraq is taken care of...
1-14-2023 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 >>
1-14-2023 Intel Guru Frank26 Community comment: "A float is never tied into a date because it's floating." A float has a starting date and that's what we're looking for next.
1-14-2023 Intel Guru MarkZ [via PDK] [Are you expecting the HCL signed tomorrow?] No I’m not…That would be to premature. The earliest I look for that is sometime this upcoming week. That being said…the CBI has been very clear…The exchange rate is in the hands of the CBI…they do not need the government. So they could do it with or without that being signed.
1-14-2023 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! Time is of the essence.
Click here to learn more >>
1-14-2023 Newshound Guru Pimpy I was watching this video on the black markets over there in Iraq...They were highlighting a female...She takes hundreds of U.S. dollars and buys Iraqi dinars. She's buying them on the black market for something ridiculous like 2,500 dinars for every dollar...the official exchange rate is 1,450 dinars for every dollar but she's getting 2,500 or more...She takes the dinars, brings them back to an individual who then resells them here in the United States for a premium...they're making money hand over fist. These are small time people working in the black market. You can imagine somebody on a much larger scale.
1-14-2023 Newshound/Intel Guru Walkingstick [via Frank26] The retrieving of the 3-zeros has been very successful. When they lifted the value on December 20th 2 years ago it brought in a good portion of their 3-zero notes. They're satisfied but they'll continue to collect them. The monetary reform will continue even after they float.
1-14-2023 Newshound Guru Henig Article: "Obelisk Clock: Al-Maliki remains the strongest person in decision-making.. There are no differences between the framework and the Sudanese"
1-14-2023 Intel Guru MarkZ [via PDK] The news we are getting right now is pretty interesting stuff...I did speak to some bankers that say they have money positioned and ready. They are being told that all of their funds are prepared and ready. So they are waiting for that shoe to drop. I am getting very positive news …but don’t know what to tell you on timing yet guys. I know many that are ready and prepared to execute distributions. I think we have a lot coming in the next few days…stay calm.
1-14-2023 Intel Guru Frank26 Community comment "We are there." I agree with you...because I know where we are going and I know where you are going. The thing is that they have to tell you. They have to announce it and that's what they're doing...
1-14-2023 Newshound Guru Pimpy Article: "Government movement to complete the requirements for Iraq's accession to the World Trade Organization" This is a biggie...this is going to affect their currency in a positive way because now they are going to be a much bigger player on the International scene. This also allows them certain privileges especially ones that affect their exchange rate...looks like they're getting ready to finalize, at least this next stage they want to complete by this year. The future for Iraq is looking really good. It really is.
1-14-2023 Intel Guru Bruce [via WiserNow] what we're hearing is that we've gotten a 90% chance to be notified Friday, Saturday or Sunday and a 100% chance to be notified Monday, Tuesday or Wednesday...Monday is looking very good for us as a day to be notified.
1-14-2023 Intel Guru Frank26 Community comment: "A float is never tied into a date because it's floating." A float has a starting date and that's what we're looking for next.
1-14-2023 Intel Guru MarkZ [via PDK] [Are you expecting the HCL signed tomorrow?] No I’m not…That would be to premature. The earliest I look for that is sometime this upcoming week. That being said…the CBI has been very clear…The exchange rate is in the hands of the CBI…they do not need the government. So they could do it with or without that being signed.
1-14-2023 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! Time is of the essence.
Click here to learn more >>
1-14-2023 Newshound Guru Pimpy I was watching this video on the black markets over there in Iraq...They were highlighting a female...She takes hundreds of U.S. dollars and buys Iraqi dinars. She's buying them on the black market for something ridiculous like 2,500 dinars for every dollar...the official exchange rate is 1,450 dinars for every dollar but she's getting 2,500 or more...She takes the dinars, brings them back to an individual who then resells them here in the United States for a premium...they're making money hand over fist. These are small time people working in the black market. You can imagine somebody on a much larger scale.
1-14-2023 Newshound/Intel Guru Walkingstick [via Frank26] The retrieving of the 3-zeros has been very successful. When they lifted the value on December 20th 2 years ago it brought in a good portion of their 3-zero notes. They're satisfied but they'll continue to collect them. The monetary reform will continue even after they float.
1-14-2023 Newshound Guru Henig Article: "Obelisk Clock: Al-Maliki remains the strongest person in decision-making.. There are no differences between the framework and the Sudanese"
1-14-2023 Intel Guru MarkZ [via PDK] The news we are getting right now is pretty interesting stuff...I did speak to some bankers that say they have money positioned and ready. They are being told that all of their funds are prepared and ready. So they are waiting for that shoe to drop. I am getting very positive news …but don’t know what to tell you on timing yet guys. I know many that are ready and prepared to execute distributions. I think we have a lot coming in the next few days…stay calm.
1-14-2023 Intel Guru Frank26 Community comment "We are there." I agree with you...because I know where we are going and I know where you are going. The thing is that they have to tell you. They have to announce it and that's what they're doing...
1-14-2023 Newshound Guru Pimpy Article: "Government movement to complete the requirements for Iraq's accession to the World Trade Organization" This is a biggie...this is going to affect their currency in a positive way because now they are going to be a much bigger player on the International scene. This also allows them certain privileges especially ones that affect their exchange rate...looks like they're getting ready to finalize, at least this next stage they want to complete by this year. The future for Iraq is looking really good. It really is.
1-14-2023 Intel Guru Bruce [via WiserNow] what we're hearing is that we've gotten a 90% chance to be notified Friday, Saturday or Sunday and a 100% chance to be notified Monday, Tuesday or Wednesday...Monday is looking very good for us as a day to be notified.
1-13-2023 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 >>
1-13-2023 Intel Guru MarkZ [via PDK] There are a huge number that are expecting something big within the next 24 hours or so. Please stay grounded. If we don’t see it tomorrow morning that doesn’t mean it’s not happening. That being said there is so much chatter right now… there is a mad dash going on, but I also hear from others to look at the 15th-16th. Try to relax as they are keeping it clouded on purpose. There is a lot of hype for this weekend so manage your expectations.
1-13-2023 Newshound Guru Paulette Let's hope that Sudani's GOI doesn't pass this budget prior to the currency being "reinstituted". If they do, there are still many windows of opportunity for the CBI to take action...If it gets all the way back to the Finance Minister and disbursements are made at 1450, this year certainly gets a little muddled as the budget is retroactive to January 1.
1-13-2023 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! Time is of the essence.
Click here to learn more >>
1-13-2023 Intel Guru Frank26 Question "Are they [ Iraq ] worried about speculators?" Yeah. It's only natural. They're already announcing what they are doing. It's no big surprise.
1-13-2023 Intel Guru MarkZ [via PDK] “KRG: The federal government to send Billions of dinar to Erbil ” This is all part of the HCL agreements. They are doing what they said they were going to do for years…. The HCL is moving forward to finalization so they can then give us our new rate.
1-13-2023 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK SETS A DATE FOR THE RETURN OF THE DOLLAR EXCHANGE TO “ NORMAL ” No! This 1470 is not normal. They have been on this program rate for so long now it has become the “normal”. It was supposed to be termporary and maybe for 5 years but here we are almost 2 decades later. Its time to execute the 2011 plan to reinstate it to the proper normal rate on FOREX...
1-13-2023 Newshound Guru Henig Article: "Including Iraq..Three countries will record the highest economic growth in 2023" Quote: "Despite the decline in the economic growth of the Arab countries, the bank stated that "Egypt, the UAE and Iraq have the highest economic growth rate among the other Arab countries during the year 2023, as their growth is expected to exceed 4%, while the growth rate of the rest of the Arab countries will decrease to less than 4%."
1-13-2023 Intel Guru Frank26 The budget waits for the new exchange rate. The exchange rate waits for no one. Everything, the contracts, investors, monetary reform of new currency, citizens, you, everybody, waits for the new exchange rate. The new exchange rate is primed and ready. Because of the fact that they told them they're going to give it to them...in my deep heart I feel that the meetings that occurred between [Guru Walkingstick's] #1 and #2 [bank friends' banks] gave all the next steps..
1-13-2023 Newshound Guru Pimpy Article: "Dollar prices fall in Baghdad and Erbil" This is the direction you want it to go into. When you hear the dollar is falling against the dinar that's what you want to hear. Quote: "...Baghdad recorded this morning 1572 dinars for every one dollar.." It was up to 1600. Now it's not much of a change but at least it's going in the right direction...the fact that the dollar is losing a little bit of ground is not surprising. It goes up and down like that so don't get too excited. I mean be happy about it but like everything else we're looking for consistency...
1-13-2023 Newshound/Intel Guru Walkingstick [via Frank26] The Iraqi dinar is floating internally inside of Iraq. That's the fluctuations you're seeing with the American dollar. When you see the American dollar fluctuating so violently against the IQD it's necessary. Don't let it upset you. It is part of the process...It's not a surprise. It's a factor that has been known and determined by the Central Bank of Iraq and it is being exposed to the citizens at this time in the education of the monetary reform...
1-13-2023 Intel Guru MarkZ [via PDK] “Iraqi government props up the value of the Iraqi dinar “ They are moving to stabilize it. They are talking of the value of 1455-1460 dinars per one USD…that does not mean this is the value we are going to get. They are trying to prop it up until the revaluation occurs.
1-13-2023 Newshound/Intel Guru Mnt Goat Article: "HOW IRAQ IS PAID FOR ITS OIL AND WHERE THE MONEY GOES...HOW THE PROCESS GOES" ...the daily transactions of dinar to dollars should be just enough to pay for imports needed for the economy of Iraq. The CBI knows what this amount is. We have been told it is about $20-30 million a day and so getting it down to this amount from $200 tells us lots of the past stolen money is no longer funneling out of Iraq. This is due mainly from the new currency auction platform recently put in place.
1-13-2023 Intel Guru MarkZ [via PDK] There are a huge number that are expecting something big within the next 24 hours or so. Please stay grounded. If we don’t see it tomorrow morning that doesn’t mean it’s not happening. That being said there is so much chatter right now… there is a mad dash going on, but I also hear from others to look at the 15th-16th. Try to relax as they are keeping it clouded on purpose. There is a lot of hype for this weekend so manage your expectations.
1-13-2023 Newshound Guru Paulette Let's hope that Sudani's GOI doesn't pass this budget prior to the currency being "reinstituted". If they do, there are still many windows of opportunity for the CBI to take action...If it gets all the way back to the Finance Minister and disbursements are made at 1450, this year certainly gets a little muddled as the budget is retroactive to January 1.
1-13-2023 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! Time is of the essence.
Click here to learn more >>
1-13-2023 Intel Guru Frank26 Question "Are they [ Iraq ] worried about speculators?" Yeah. It's only natural. They're already announcing what they are doing. It's no big surprise.
1-13-2023 Intel Guru MarkZ [via PDK] “KRG: The federal government to send Billions of dinar to Erbil ” This is all part of the HCL agreements. They are doing what they said they were going to do for years…. The HCL is moving forward to finalization so they can then give us our new rate.
1-13-2023 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK SETS A DATE FOR THE RETURN OF THE DOLLAR EXCHANGE TO “ NORMAL ” No! This 1470 is not normal. They have been on this program rate for so long now it has become the “normal”. It was supposed to be termporary and maybe for 5 years but here we are almost 2 decades later. Its time to execute the 2011 plan to reinstate it to the proper normal rate on FOREX...
1-13-2023 Newshound Guru Henig Article: "Including Iraq..Three countries will record the highest economic growth in 2023" Quote: "Despite the decline in the economic growth of the Arab countries, the bank stated that "Egypt, the UAE and Iraq have the highest economic growth rate among the other Arab countries during the year 2023, as their growth is expected to exceed 4%, while the growth rate of the rest of the Arab countries will decrease to less than 4%."
1-13-2023 Intel Guru Frank26 The budget waits for the new exchange rate. The exchange rate waits for no one. Everything, the contracts, investors, monetary reform of new currency, citizens, you, everybody, waits for the new exchange rate. The new exchange rate is primed and ready. Because of the fact that they told them they're going to give it to them...in my deep heart I feel that the meetings that occurred between [Guru Walkingstick's] #1 and #2 [bank friends' banks] gave all the next steps..
1-13-2023 Newshound Guru Pimpy Article: "Dollar prices fall in Baghdad and Erbil" This is the direction you want it to go into. When you hear the dollar is falling against the dinar that's what you want to hear. Quote: "...Baghdad recorded this morning 1572 dinars for every one dollar.." It was up to 1600. Now it's not much of a change but at least it's going in the right direction...the fact that the dollar is losing a little bit of ground is not surprising. It goes up and down like that so don't get too excited. I mean be happy about it but like everything else we're looking for consistency...
1-13-2023 Newshound/Intel Guru Walkingstick [via Frank26] The Iraqi dinar is floating internally inside of Iraq. That's the fluctuations you're seeing with the American dollar. When you see the American dollar fluctuating so violently against the IQD it's necessary. Don't let it upset you. It is part of the process...It's not a surprise. It's a factor that has been known and determined by the Central Bank of Iraq and it is being exposed to the citizens at this time in the education of the monetary reform...
1-13-2023 Intel Guru MarkZ [via PDK] “Iraqi government props up the value of the Iraqi dinar “ They are moving to stabilize it. They are talking of the value of 1455-1460 dinars per one USD…that does not mean this is the value we are going to get. They are trying to prop it up until the revaluation occurs.
1-13-2023 Newshound/Intel Guru Mnt Goat Article: "HOW IRAQ IS PAID FOR ITS OIL AND WHERE THE MONEY GOES...HOW THE PROCESS GOES" ...the daily transactions of dinar to dollars should be just enough to pay for imports needed for the economy of Iraq. The CBI knows what this amount is. We have been told it is about $20-30 million a day and so getting it down to this amount from $200 tells us lots of the past stolen money is no longer funneling out of Iraq. This is due mainly from the new currency auction platform recently put in place.
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1-12-2023 Intel Guru Frank26 The confidence in the float, you've got to find that yourself. It will go out at 1. For someone that says, 'I'm going to wait until it goes up.' Fine. If you've got a lot of dinars you can afford to do that. If you don't have a lot of dinars you can't afford to do that IMO. Are you listening? I told you something without telling you.
1-12-2023 Intel Guru MarkZ [via PDK] There is a lot of chatter about this evening on the banking side. I alluded to it last night. I think it may be premature by a couple days but we shall see. Tonight is highly possible according to some of my bank sources. They have seen interesting rates bouncing on the screens recently. The lower rate I gave you on the dong ($2.25-ish) may be inaccurate based on rates I heard this afternoon...they may be low. There is a chance though that we cross the finish line tonight. Again…it may be premature but I believe we are really close.
1-12-2023 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! Time is of the essence.
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1-12-2023 Newshound Guru Samson Article: "Iraq is no longer obligated to receive oil revenues from the US Federal Reserve" The Shackles of Chapter VII are off - IRAQ GOING INTERNATIONAL.
1-12-2023 Newshound Guru Paulette Watch for when the GOI is going to pass the budget. I hope it is not until after the CBI..."Reinstitutes" their currency which must occur prior or simultaneous to the RI. I believe it will be prior with the RI to follow from 2 weeks to upwards of a year. I don't think a year is likely but Shabbibi said that inflation has to be monitored prior to moving ahead. I am hopeful that the CBI is currently doing that in their reported experiment in depegging from the USD.
1-12-2023 Intel Guru MarkZ [via PDK] In Iraq news “Dollar prices decline in Baghdad and Erbil” The US dollar started sliding in their local markets. For many years the rate did not slide…it did not move as it was pegged. We are watching this.
1-12-2023 Newshound Guru Henig Article: "Iraq among most prominent countries to buy gold in 2022" Quote: "Gold reserves in Iraq represent 8.7 percent of its total international reserves...Regarding the largest Arab countries owning gold, Saudi Arabia continued to lead the list as it possesses 323.1 tons, followed by Lebanon with 286.8 tons, followed by Algeria with 173.6 tons, then Iraq with 130.3 tons, and then Egypt with 125.5 tons."
1-12-2023 Intel Guru Frank26 IMO based on the fact that they already told them they're going to give them a new rate that would be compatible with the new currency that they're going to give them. They already told them about the float. They already told them about the coins. They already told them about the ATM machines...Are they still talking to the citizens and educating them all? Yeah - 'Go to this bank don't go to that bank' is one of the latest things they did...
1-12-2023 Newshound Guru Pimpy Article: "A new rise.. The exchange rate of the dollar is close to 160,000 dinars" 1,600 to 1 dollar is the wrong direction. Nothing that I would be panicking about...[but] definitely in the wrong direction. 1,600 is not what we want per dollar. The smaller that number gets the better it is for us...
1-12-2023 Intel Guru MarkZ [via PDK] Iraq has been fairly quiet… I am being told that banks over there as well as here in the US and all over the world have been getting redemption instructions over the last day or two. So they will be prepared for when it does occur. We still don’t have a solid theory on timing. I do hear they are still trying to do it before the 31st. They are keeping the timing broad on purpose so nobody knows the timing. The chatter continues to be very encouraging. The movement continues to be very encouraging...
1-12-2023 Newshound/Intel Guru Walkingstick [via Frank26] The United States [side] had its own zoom meeting yesterday with [Walkingstick's former Firm's 1 and 2 owned banks]...with all their employees. Last week the meeting with the CBI was only with the [top] echelon, the owners and managers...now the managers yesterday had, well at least 1 and 2, had their meeting with their people, their employees...it's basically the ending process of what the banks have to do right now to introduce the new exchange rate and to introduce the new currency to the citizens. The education is pretty well set... [Post 2 of 2]
1-12-2023 Newshound/Intel Guru Walkingstick [via Frank26] Last week the Central Bank met with all of its banks and gave them more instructions. In fact the article we call "the 2nd article from the CBI" that came out on Sunday telling the citizens we have a new currency, we have a new exchange rate we're about to give it to you, was discussed in the CBI meetings last week with all the banks - preparing them, putting them in the position that they needed to be. [Post 1 of 2...stay tuned]
1-12-2023 Newshound/Intel Guru RVAlready Article: "Parliament publishes the agenda for next Saturday's session" We must remember there is no requirement for the budget to RV. The CBI could launch the RV tomorrow morning.
1-12-2023 Newshound/Intel Guru Mnt Goat "THE SUDANESE GOVERNMENT OBLIGES ALL OF ITS INSTITUTIONS TO DEAL IN THE IRAQI DINAR" It’s definitely a move in the right direction but still they need to create a demand for the dinar from outside of Iraq thus eliminate the need to exchange the dinar for dollars to spend on obligations and purchases outside of Iraq...The pieces are all in place and so when will they pull the trigger?
1-12-2023 Intel Guru Frank26 The confidence in the float, you've got to find that yourself. It will go out at 1. For someone that says, 'I'm going to wait until it goes up.' Fine. If you've got a lot of dinars you can afford to do that. If you don't have a lot of dinars you can't afford to do that IMO. Are you listening? I told you something without telling you.
1-12-2023 Intel Guru MarkZ [via PDK] There is a lot of chatter about this evening on the banking side. I alluded to it last night. I think it may be premature by a couple days but we shall see. Tonight is highly possible according to some of my bank sources. They have seen interesting rates bouncing on the screens recently. The lower rate I gave you on the dong ($2.25-ish) may be inaccurate based on rates I heard this afternoon...they may be low. There is a chance though that we cross the finish line tonight. Again…it may be premature but I believe we are really close.
1-12-2023 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! Time is of the essence.
Click here to learn more >>
1-12-2023 Newshound Guru Samson Article: "Iraq is no longer obligated to receive oil revenues from the US Federal Reserve" The Shackles of Chapter VII are off - IRAQ GOING INTERNATIONAL.
1-12-2023 Newshound Guru Paulette Watch for when the GOI is going to pass the budget. I hope it is not until after the CBI..."Reinstitutes" their currency which must occur prior or simultaneous to the RI. I believe it will be prior with the RI to follow from 2 weeks to upwards of a year. I don't think a year is likely but Shabbibi said that inflation has to be monitored prior to moving ahead. I am hopeful that the CBI is currently doing that in their reported experiment in depegging from the USD.
1-12-2023 Intel Guru MarkZ [via PDK] In Iraq news “Dollar prices decline in Baghdad and Erbil” The US dollar started sliding in their local markets. For many years the rate did not slide…it did not move as it was pegged. We are watching this.
1-12-2023 Newshound Guru Henig Article: "Iraq among most prominent countries to buy gold in 2022" Quote: "Gold reserves in Iraq represent 8.7 percent of its total international reserves...Regarding the largest Arab countries owning gold, Saudi Arabia continued to lead the list as it possesses 323.1 tons, followed by Lebanon with 286.8 tons, followed by Algeria with 173.6 tons, then Iraq with 130.3 tons, and then Egypt with 125.5 tons."
1-12-2023 Intel Guru Frank26 IMO based on the fact that they already told them they're going to give them a new rate that would be compatible with the new currency that they're going to give them. They already told them about the float. They already told them about the coins. They already told them about the ATM machines...Are they still talking to the citizens and educating them all? Yeah - 'Go to this bank don't go to that bank' is one of the latest things they did...
1-12-2023 Newshound Guru Pimpy Article: "A new rise.. The exchange rate of the dollar is close to 160,000 dinars" 1,600 to 1 dollar is the wrong direction. Nothing that I would be panicking about...[but] definitely in the wrong direction. 1,600 is not what we want per dollar. The smaller that number gets the better it is for us...
1-12-2023 Intel Guru MarkZ [via PDK] Iraq has been fairly quiet… I am being told that banks over there as well as here in the US and all over the world have been getting redemption instructions over the last day or two. So they will be prepared for when it does occur. We still don’t have a solid theory on timing. I do hear they are still trying to do it before the 31st. They are keeping the timing broad on purpose so nobody knows the timing. The chatter continues to be very encouraging. The movement continues to be very encouraging...
1-12-2023 Newshound/Intel Guru Walkingstick [via Frank26] The United States [side] had its own zoom meeting yesterday with [Walkingstick's former Firm's 1 and 2 owned banks]...with all their employees. Last week the meeting with the CBI was only with the [top] echelon, the owners and managers...now the managers yesterday had, well at least 1 and 2, had their meeting with their people, their employees...it's basically the ending process of what the banks have to do right now to introduce the new exchange rate and to introduce the new currency to the citizens. The education is pretty well set... [Post 2 of 2]
1-12-2023 Newshound/Intel Guru Walkingstick [via Frank26] Last week the Central Bank met with all of its banks and gave them more instructions. In fact the article we call "the 2nd article from the CBI" that came out on Sunday telling the citizens we have a new currency, we have a new exchange rate we're about to give it to you, was discussed in the CBI meetings last week with all the banks - preparing them, putting them in the position that they needed to be. [Post 1 of 2...stay tuned]
1-12-2023 Newshound/Intel Guru RVAlready Article: "Parliament publishes the agenda for next Saturday's session" We must remember there is no requirement for the budget to RV. The CBI could launch the RV tomorrow morning.
1-12-2023 Newshound/Intel Guru Mnt Goat "THE SUDANESE GOVERNMENT OBLIGES ALL OF ITS INSTITUTIONS TO DEAL IN THE IRAQI DINAR" It’s definitely a move in the right direction but still they need to create a demand for the dinar from outside of Iraq thus eliminate the need to exchange the dinar for dollars to spend on obligations and purchases outside of Iraq...The pieces are all in place and so when will they pull the trigger?
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1-11-2023 Newshound Guru Paulette Parliament having their first session is irrelevant IMO. They cannot work on passing the budget until they receive it. Sudani's GOI has not passed it yet. All laws, including the budget, have to pass the GOI prior to Parliament receiving them. It is only then that Parliament can commence the First Reading. Thereafter, it goes to the relevant Committee to discuss, review and then return to Parliament with their analysis and comments. The Second and Third Readings can then commence. If passed, it can then be sent to the President for signature. After which, it then goes to the Finance Minister for disbursement which often takes upwards of 30 days.
1-11-2023 Intel Guru MarkZ [via PDK] I am hearing some fantastic stuff. If it pans out by tomorrow evening you guys will all know it...That is where I will leave this as I am getting leaned on pretty hard... The news really is solid and I am sorry about being so vague…but I am not sure what I can get away with saying…and I don’t want to risk my own exchange.
1-11-2023 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! Time is of the essence.
Click here to learn more >>
1-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI comes out today and says they are prepared soon to show confidence in the dinar and Sudani has ordered opening many areas of the Green Zone...They're trying to show the citizens they have security. They're trying to get us to not only have confidence in them but in the currency they are now saying they're going to give us. FRANK: It just doesn't get any better than this!
1-11-2023 Guru Nader From The Mid East I think it's going to be on Forex...and that day you'll be International I think they're going to come out with a new currency. But for now they're not saying anything. They're talking about it but they're not showing any improvements.
1-11-2023 Intel Guru Bruce [via WiserNow] ...most everybody is under gag orders. NDA, they're not allowed to talk...we are really just so close, that they don't want certain people talking...It's harder and harder to get strong information...Based on the Intel we received today and last night, it looks like we should get started In the next two days...Wednesday, or Thursday... let's look forward to what - should be a great rest of our week that we should be getting some good word here in the next day or two.
1-11-2023 Intel Guru MarkZ [via PDK] “RBC and HSBC Canada to come together” So Royal Bank of Canada will be acquiring HSBC Canada. RBC and HSBC and Scotia are the banks I was told years ago would be handling our currency exchanges in Canada. So I thought I would share that with our Canadian friends.
1-11-2023 Newshound Guru Pimpy A huge jump in the exchange rate, it's not going to happen. It's going to be in increments. At the very best you can hope for is that it gets over to the 1190 dinars
1-11-2023 Newshound Guru Clare Article: "Government movement to complete the requirements for Iraq's accession to the World Trade Organization" Quote: "The ministry's plan during the current year includes completing technical accession files in terms of goods, services and intellectual property, in addition to harmonizing legislation and laws with the agreements of the multilateral organization"
1-11-2023 Intel Guru Frank26 I've always said "Reinstatement" but the CBI is "re-instituting" their currency. This is a completely different point of view...
1-11-2023 Intel Guru MarkZ [via PDK] The rumbling and chatter is still there…we just do not know the timing…. As was explained to me they could go at any moment... banking sources feel like things could move at any moment. They are not waiting for any one specific thing to be completed. Things are completed enough to pull the trigger now is what I am being told. Timing wise appears to be soon...we just have to watch it play out.
1-11-2023 Newshound Guru Henig Question: "I thought the Parliments legislative term started on the 9th?" There's been a LOT of misinformation back and forth...Lots of conflicting info, lots of stuff that just doesn't make sense, but when you step back and think it through, you'll see that it's all intentional.
1-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They...said something about only thing needed was paragraph to be done in the budget on the exchange rate and the amount for infrastructure...
1-11-2023 Newshound/Intel Guru Mnt Goat Finally, we hear overtones and direct convictions of some of the real problems with the dinar and the currency policy in Iraq now in place. ...We all need to settle down and relax. The reinstatement is coming and I certainly hope they can pull it off in this January 2023...
1-11-2023 Intel Guru MarkZ [via PDK] ...We are still hearing everywhere from now to the end of the month for the release...The PTB do not want us to know the date. They are going to keep throwing out dates and curves to keep us guessing. They are doing this on purpose.
1-11-2023 Newshound Guru Paulette Parliament having their first session is irrelevant IMO. They cannot work on passing the budget until they receive it. Sudani's GOI has not passed it yet. All laws, including the budget, have to pass the GOI prior to Parliament receiving them. It is only then that Parliament can commence the First Reading. Thereafter, it goes to the relevant Committee to discuss, review and then return to Parliament with their analysis and comments. The Second and Third Readings can then commence. If passed, it can then be sent to the President for signature. After which, it then goes to the Finance Minister for disbursement which often takes upwards of 30 days.
1-11-2023 Intel Guru MarkZ [via PDK] I am hearing some fantastic stuff. If it pans out by tomorrow evening you guys will all know it...That is where I will leave this as I am getting leaned on pretty hard... The news really is solid and I am sorry about being so vague…but I am not sure what I can get away with saying…and I don’t want to risk my own exchange.
1-11-2023 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! Time is of the essence.
Click here to learn more >>
1-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI comes out today and says they are prepared soon to show confidence in the dinar and Sudani has ordered opening many areas of the Green Zone...They're trying to show the citizens they have security. They're trying to get us to not only have confidence in them but in the currency they are now saying they're going to give us. FRANK: It just doesn't get any better than this!
1-11-2023 Guru Nader From The Mid East I think it's going to be on Forex...and that day you'll be International I think they're going to come out with a new currency. But for now they're not saying anything. They're talking about it but they're not showing any improvements.
1-11-2023 Intel Guru Bruce [via WiserNow] ...most everybody is under gag orders. NDA, they're not allowed to talk...we are really just so close, that they don't want certain people talking...It's harder and harder to get strong information...Based on the Intel we received today and last night, it looks like we should get started In the next two days...Wednesday, or Thursday... let's look forward to what - should be a great rest of our week that we should be getting some good word here in the next day or two.
1-11-2023 Intel Guru MarkZ [via PDK] “RBC and HSBC Canada to come together” So Royal Bank of Canada will be acquiring HSBC Canada. RBC and HSBC and Scotia are the banks I was told years ago would be handling our currency exchanges in Canada. So I thought I would share that with our Canadian friends.
1-11-2023 Newshound Guru Pimpy A huge jump in the exchange rate, it's not going to happen. It's going to be in increments. At the very best you can hope for is that it gets over to the 1190 dinars
1-11-2023 Newshound Guru Clare Article: "Government movement to complete the requirements for Iraq's accession to the World Trade Organization" Quote: "The ministry's plan during the current year includes completing technical accession files in terms of goods, services and intellectual property, in addition to harmonizing legislation and laws with the agreements of the multilateral organization"
1-11-2023 Intel Guru Frank26 I've always said "Reinstatement" but the CBI is "re-instituting" their currency. This is a completely different point of view...
1-11-2023 Intel Guru MarkZ [via PDK] The rumbling and chatter is still there…we just do not know the timing…. As was explained to me they could go at any moment... banking sources feel like things could move at any moment. They are not waiting for any one specific thing to be completed. Things are completed enough to pull the trigger now is what I am being told. Timing wise appears to be soon...we just have to watch it play out.
1-11-2023 Newshound Guru Henig Question: "I thought the Parliments legislative term started on the 9th?" There's been a LOT of misinformation back and forth...Lots of conflicting info, lots of stuff that just doesn't make sense, but when you step back and think it through, you'll see that it's all intentional.
1-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They...said something about only thing needed was paragraph to be done in the budget on the exchange rate and the amount for infrastructure...
1-11-2023 Newshound/Intel Guru Mnt Goat Finally, we hear overtones and direct convictions of some of the real problems with the dinar and the currency policy in Iraq now in place. ...We all need to settle down and relax. The reinstatement is coming and I certainly hope they can pull it off in this January 2023...
1-11-2023 Intel Guru MarkZ [via PDK] ...We are still hearing everywhere from now to the end of the month for the release...The PTB do not want us to know the date. They are going to keep throwing out dates and curves to keep us guessing. They are doing this on purpose.
1-10-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
1-10-2023 Intel Guru Frank26 [Bank Story cont.] NAME PROTECTED: The Frost Bank in San Antonio was at 3%. FRANK: That's pretty good. 1%, 2%, 3% range. NAME PROTECTED: Our bank would charge us only $34 courier fee. He also said national banks such as Chase, Bank of America, etc had their own departments and we would have to check with them on their rates...Frost Bank...seem to be the big dog with the locally owned banks [In San Antonio area] FRANK: Remember I told you the CBI was getting ready? And then I said you should too? All the banks are ready IMO... [Post 2 of 2]
1-10-2023 Intel Guru Frank26 [Bank Story] NAME PROTECTED: I called...a local family-owned bank where we have had an account for the last 34 years. I told the banker we would be exchanging some dinars in the very near future and wanted to know the fees for doing so. He told me most if not all of the locally owned banks would be sending their exchanges to the Frost Bank here in San Antonio... FRANK: This bank officer knows the procedure to exchange the Iraqi dinar? What did we tell you about banks being educated all around the world? This bank officer has no problems talking to our friend here... [Post 1 of 2....stay tuned]
1-10-2023 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! Time is of the essence.
Click here to learn more >>
1-10-2023 Intel Guru MarkZ [via PDK] Article: ”Sudanese government obliges all its institutions to deal in Iraqi Dinar” This is a good one to watch. This one is about de-dollarization in Iraq... They are now forcing the government to run on dinar…and dinar only. De-dollarization is going to be the theme coming out. This is important for them moving forward with the revaluation of their currency….
1-10-2023 Newshound Guru Kaperoni I can assure you...the Iraqi dinar will remain weak until the day comes where they have begin to build a significant diverse economy. As clearly stated in the IMF Article IV Consultation, the staff encourages Iraq to create the conditions allowing them...to move to a more flexible exchange rate policy, which could allow a predictable and gradual appreciation...In other words, if Iraq can diversify their economy then they can move to a float to allow the currency to rise based on the success and growth of that economy. There is no overnight RV.
1-10-2023 Guru Nader From The Mid East Question: "What happens if they changed the currency? What happened to the dinar of their home?" ...You know how many Iraqi's hold the Iraqi dinar? If tomorrow they decide to change the currency and they say the old one you have you cannot do anything about it. You just have to throw it away or burn it or use it as toilet paper - you know how many people will be mad? ...So you have dinars, you can exchange them yes. If they go to a small category notes, which for me it's gonna take a while to do that, they're gonna give you some time between 15 to 90 days or six months or whatever they're gonna give to exchange your money.
1-10-2023 Newshound Guru Sandy Ingram Article: "Iraq estimates 40% of population is aged below 15" The estimated population of Iraq for the years of 2022 is 42 million...reason the government is overly concerned with such a large number of unemployed youth is because they have the time and the motivation to protest. It is a proven fact they can change the face of the Iraq government like they did in 2020 and take over parliament like they did in 2022.
1-10-2023 Intel Guru Frank26 The only reason why they didn't have the re-institution of their currency was because of Iran. They're not about to raise the value and let them continue to steal. They had to change their whole banking structure. Honestly I didn't think it was going to take all last year. But here we are...
1-10-2023 Intel Guru MarkZ [via PDK] [Any news on the dinar rate?] Many rumors and chatter that I am way off on the dinar rate. That the rates may be significantly higher than I have been saying... I hope this is accurate… I don’t know if it’s because the dollar rates are starting to slide in value? I have been hearing other rates but have been asked not to share them. If I get the go-ahead I will share rates.
1-10-2023 Newshound/Intel Guru Walkingstick [via Frank26] This action of Monetary Reform education especially the one [Reference Guru Clare's Article 1-9-2023 below] restores confidence at the speed of light with the citizens. We would advise you, don't quit your job. The reason why is because this is a long process that still has steps to be done. They still have much to do. It's called the float.
1-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Today the US Fed explained more on those 60 banks and those fake airline tickets that they were selling to us. They're saying more than 150 million was being stolen by these banks. They would sell [Buy?] at 1460 then re-sale that to citizens at 1600... FRANK: Animals...! FIREFLY: ...these 60 banks have been busted. Iraq wants to clean up and do what's right so we can reward our citizens but corruption must be dealt with. FRANK: Didn't I say that was the reason why we don't have the monetary reform, because of the corruption of Iran.
1-10-2023 Guest Guru Margarita I know everyone is excited...But right at the end of yesterdays article [Reference Guru Henig's Post 1-9-2023 below], they are still coming out with a 20k note. All the article says it is modifying the structure of notes. The 20k would do that I would think. I don't see the words smaller notes...Not to mention [The article] says the singular denomination. It isn't plural. Wouldn't smaller notes be more than one?
1-10-2023 Intel Guru MarkZ [via PDK] One group of sources swear it will happen between Wednesday and Sat of this week. Another one thinks it will happen between the 12th and the 17th…. I am just very confident it will happen this month.
1-10-2023 Newshound/Intel Guru Mnt Goat Article: "GOVERNOR OF THE CENTRAL BANK CALLED ON MERCHANTS TO DEAL DIRECTLY WITH BANKS" Its about time…the CBI wakes up to another source of the monetary problems plaguing Iraq...This effort will help so much in reducing speculation thus the CBI will be able to control the exchange rate of the dinar. Remember that these street brokers and speculators are not going through the new platform to track corruption either in the exchange of dinars to dollars. So this effort is a win-win for everyone.
1-10-2023 Newshound Guru Pimpy I'm impressed with Al-Sadini. This is not what I was expecting. I was expecting him to be another one of these clones of Maliki and embedded in corruption. So far it doesn't seem that way.
1-10-2023 Intel Guru Frank26 [Bank Story cont.] NAME PROTECTED: The Frost Bank in San Antonio was at 3%. FRANK: That's pretty good. 1%, 2%, 3% range. NAME PROTECTED: Our bank would charge us only $34 courier fee. He also said national banks such as Chase, Bank of America, etc had their own departments and we would have to check with them on their rates...Frost Bank...seem to be the big dog with the locally owned banks [In San Antonio area] FRANK: Remember I told you the CBI was getting ready? And then I said you should too? All the banks are ready IMO... [Post 2 of 2]
1-10-2023 Intel Guru Frank26 [Bank Story] NAME PROTECTED: I called...a local family-owned bank where we have had an account for the last 34 years. I told the banker we would be exchanging some dinars in the very near future and wanted to know the fees for doing so. He told me most if not all of the locally owned banks would be sending their exchanges to the Frost Bank here in San Antonio... FRANK: This bank officer knows the procedure to exchange the Iraqi dinar? What did we tell you about banks being educated all around the world? This bank officer has no problems talking to our friend here... [Post 1 of 2....stay tuned]
1-10-2023 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! Time is of the essence.
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1-10-2023 Intel Guru MarkZ [via PDK] Article: ”Sudanese government obliges all its institutions to deal in Iraqi Dinar” This is a good one to watch. This one is about de-dollarization in Iraq... They are now forcing the government to run on dinar…and dinar only. De-dollarization is going to be the theme coming out. This is important for them moving forward with the revaluation of their currency….
1-10-2023 Newshound Guru Kaperoni I can assure you...the Iraqi dinar will remain weak until the day comes where they have begin to build a significant diverse economy. As clearly stated in the IMF Article IV Consultation, the staff encourages Iraq to create the conditions allowing them...to move to a more flexible exchange rate policy, which could allow a predictable and gradual appreciation...In other words, if Iraq can diversify their economy then they can move to a float to allow the currency to rise based on the success and growth of that economy. There is no overnight RV.
1-10-2023 Guru Nader From The Mid East Question: "What happens if they changed the currency? What happened to the dinar of their home?" ...You know how many Iraqi's hold the Iraqi dinar? If tomorrow they decide to change the currency and they say the old one you have you cannot do anything about it. You just have to throw it away or burn it or use it as toilet paper - you know how many people will be mad? ...So you have dinars, you can exchange them yes. If they go to a small category notes, which for me it's gonna take a while to do that, they're gonna give you some time between 15 to 90 days or six months or whatever they're gonna give to exchange your money.
1-10-2023 Newshound Guru Sandy Ingram Article: "Iraq estimates 40% of population is aged below 15" The estimated population of Iraq for the years of 2022 is 42 million...reason the government is overly concerned with such a large number of unemployed youth is because they have the time and the motivation to protest. It is a proven fact they can change the face of the Iraq government like they did in 2020 and take over parliament like they did in 2022.
1-10-2023 Intel Guru Frank26 The only reason why they didn't have the re-institution of their currency was because of Iran. They're not about to raise the value and let them continue to steal. They had to change their whole banking structure. Honestly I didn't think it was going to take all last year. But here we are...
1-10-2023 Intel Guru MarkZ [via PDK] [Any news on the dinar rate?] Many rumors and chatter that I am way off on the dinar rate. That the rates may be significantly higher than I have been saying... I hope this is accurate… I don’t know if it’s because the dollar rates are starting to slide in value? I have been hearing other rates but have been asked not to share them. If I get the go-ahead I will share rates.
1-10-2023 Newshound/Intel Guru Walkingstick [via Frank26] This action of Monetary Reform education especially the one [Reference Guru Clare's Article 1-9-2023 below] restores confidence at the speed of light with the citizens. We would advise you, don't quit your job. The reason why is because this is a long process that still has steps to be done. They still have much to do. It's called the float.
1-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Today the US Fed explained more on those 60 banks and those fake airline tickets that they were selling to us. They're saying more than 150 million was being stolen by these banks. They would sell [Buy?] at 1460 then re-sale that to citizens at 1600... FRANK: Animals...! FIREFLY: ...these 60 banks have been busted. Iraq wants to clean up and do what's right so we can reward our citizens but corruption must be dealt with. FRANK: Didn't I say that was the reason why we don't have the monetary reform, because of the corruption of Iran.
1-10-2023 Guest Guru Margarita I know everyone is excited...But right at the end of yesterdays article [Reference Guru Henig's Post 1-9-2023 below], they are still coming out with a 20k note. All the article says it is modifying the structure of notes. The 20k would do that I would think. I don't see the words smaller notes...Not to mention [The article] says the singular denomination. It isn't plural. Wouldn't smaller notes be more than one?
1-10-2023 Intel Guru MarkZ [via PDK] One group of sources swear it will happen between Wednesday and Sat of this week. Another one thinks it will happen between the 12th and the 17th…. I am just very confident it will happen this month.
1-10-2023 Newshound/Intel Guru Mnt Goat Article: "GOVERNOR OF THE CENTRAL BANK CALLED ON MERCHANTS TO DEAL DIRECTLY WITH BANKS" Its about time…the CBI wakes up to another source of the monetary problems plaguing Iraq...This effort will help so much in reducing speculation thus the CBI will be able to control the exchange rate of the dinar. Remember that these street brokers and speculators are not going through the new platform to track corruption either in the exchange of dinars to dollars. So this effort is a win-win for everyone.
1-10-2023 Newshound Guru Pimpy I'm impressed with Al-Sadini. This is not what I was expecting. I was expecting him to be another one of these clones of Maliki and embedded in corruption. So far it doesn't seem that way.
1-9-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
1-9-2023 Intel Guru MarkZ [via PDK] ... All I can tell you is it does seem to be well underway...We are seeing bouncing screens again...It’s unusual for so many to be so quiet…. I am hoping it’s a good sign. I was told the window opened today on the 9th and it could happen any time before the 31st...the chatter really is absolutely amazing.
1-9-2023 Newshound/Intel Guru Walkingstick [via Frank26] the word "default" might become important to us later. It basically means to go back to the original. So if you hear the CBI say the exchange rate is "default" that would be the bomb!
1-9-2023 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! Time is of the essence.
Click here to learn more >>
1-9-2023 Newshound Guru Henig Article: "20,000 dinars denomination.. The Central Bank talks about issuing a new currency: counterfeiting is a development" Quote: "Last September, the Central Bank announced its intention to issue a new currency of the category of 20 thousand dinars."
1-9-2023 Intel Guru Frank26 Article: "Central Bank Governor: The dollar exchange rate crisis is temporary and the monetary situation is at its best" ...HERE IT IS...THE "2ND ARTICLE" FROM THE CBI! Quote: "The Governor of the Central Bank touched on the reasons for issuing a new denomination of the local currency, saying, The issuance of the new denomination is a procedure to modify the structure of banknotes and introduce an intermediate denomination that facilitates daily transactions, reduce the presence of old versions of currency denominations in circulation..."
1-9-2023 Newshound Guru Breitling I'm pro dinar. It's a great opportunity. You don't need to go nuts. You don't need to sell the farm or anything like that. But the second that I find out/if I find out that this isn't going to work I have no problems...saying in my view it's over. I will always stay true to you...
1-9-2023 Guru Nader From The Mid East Something is gonna happen this month. We don't know what it is but something is happening. We cannot say more because I don't like to say something if I'm not sure of it. When I'm sure I'll let you know.
1-9-2023 Intel Guru MarkZ [via PDK] There is still great anticipation and I was told again last night by one of my most well-connected sources…that the window is open. ...The window is open on the 9th and goes to around the 31st…I am still excited today and hoping for good news...Let’s see if the RV bird can fly in.
1-9-2023 Newshound Guru Pimpy Still in the news today more talk about the exchange rate of the Iraqi dinar...
1-9-2023 Newshound Guru Clare Article: "Central Bank Governor: The dollar exchange rate crisis is temporary and the monetary situation is at its best" Quote: "...reserves of the Central Bank of Iraq and its arrival to more than 97 billion dollars...The foreign reserves index to money supply in the broad sense is high and reached 81%, which is an indicator that enhances confidence in the Iraqi dinar as a store of value, as well as preserving the value of the national currency by ensuring the stability of the exchange rate as a nominal stabilizer for inflation"
1-9-2023 Guest Guru Yada Article: "Al-Nusairi: The return of the exchange rate to its target rates will be achieved by revitalizing and stabilizing the economy." Quote: "...the most important thing is sincere and true intentions for change towards the desired economic advancement with an emphasis on supporting the banking sector as the main link first in economics" If I'm not mistaken, this dinar will still float internationally and not just in country. That will move up the price.
1-9-2023 Intel Guru Frank26 You can't let your dinars out of your site. You cannot give your dinars to a small bank that will send them to a large bank and have it verified. If they get stolen. If they get lost. If the Brink's truck rolls over and burns up and the dinar are destroyed, they'll give you what you paid for them but they're not going to give you the exchange rate for it. It wasn't converted...God gave you these dinars as a blessing for you to be responsible and stewardship and you're learning how to do that...
1-9-2023 Intel Guru MarkZ [via PDK] ... All I can tell you is it does seem to be well underway...We are seeing bouncing screens again...It’s unusual for so many to be so quiet…. I am hoping it’s a good sign. I was told the window opened today on the 9th and it could happen any time before the 31st...the chatter really is absolutely amazing.
1-9-2023 Newshound/Intel Guru Walkingstick [via Frank26] the word "default" might become important to us later. It basically means to go back to the original. So if you hear the CBI say the exchange rate is "default" that would be the bomb!
1-9-2023 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! Time is of the essence.
Click here to learn more >>
1-9-2023 Newshound Guru Henig Article: "20,000 dinars denomination.. The Central Bank talks about issuing a new currency: counterfeiting is a development" Quote: "Last September, the Central Bank announced its intention to issue a new currency of the category of 20 thousand dinars."
1-9-2023 Intel Guru Frank26 Article: "Central Bank Governor: The dollar exchange rate crisis is temporary and the monetary situation is at its best" ...HERE IT IS...THE "2ND ARTICLE" FROM THE CBI! Quote: "The Governor of the Central Bank touched on the reasons for issuing a new denomination of the local currency, saying, The issuance of the new denomination is a procedure to modify the structure of banknotes and introduce an intermediate denomination that facilitates daily transactions, reduce the presence of old versions of currency denominations in circulation..."
1-9-2023 Newshound Guru Breitling I'm pro dinar. It's a great opportunity. You don't need to go nuts. You don't need to sell the farm or anything like that. But the second that I find out/if I find out that this isn't going to work I have no problems...saying in my view it's over. I will always stay true to you...
1-9-2023 Guru Nader From The Mid East Something is gonna happen this month. We don't know what it is but something is happening. We cannot say more because I don't like to say something if I'm not sure of it. When I'm sure I'll let you know.
1-9-2023 Intel Guru MarkZ [via PDK] There is still great anticipation and I was told again last night by one of my most well-connected sources…that the window is open. ...The window is open on the 9th and goes to around the 31st…I am still excited today and hoping for good news...Let’s see if the RV bird can fly in.
1-9-2023 Newshound Guru Pimpy Still in the news today more talk about the exchange rate of the Iraqi dinar...
1-9-2023 Newshound Guru Clare Article: "Central Bank Governor: The dollar exchange rate crisis is temporary and the monetary situation is at its best" Quote: "...reserves of the Central Bank of Iraq and its arrival to more than 97 billion dollars...The foreign reserves index to money supply in the broad sense is high and reached 81%, which is an indicator that enhances confidence in the Iraqi dinar as a store of value, as well as preserving the value of the national currency by ensuring the stability of the exchange rate as a nominal stabilizer for inflation"
1-9-2023 Guest Guru Yada Article: "Al-Nusairi: The return of the exchange rate to its target rates will be achieved by revitalizing and stabilizing the economy." Quote: "...the most important thing is sincere and true intentions for change towards the desired economic advancement with an emphasis on supporting the banking sector as the main link first in economics" If I'm not mistaken, this dinar will still float internationally and not just in country. That will move up the price.
1-9-2023 Intel Guru Frank26 You can't let your dinars out of your site. You cannot give your dinars to a small bank that will send them to a large bank and have it verified. If they get stolen. If they get lost. If the Brink's truck rolls over and burns up and the dinar are destroyed, they'll give you what you paid for them but they're not going to give you the exchange rate for it. It wasn't converted...God gave you these dinars as a blessing for you to be responsible and stewardship and you're learning how to do that...
1-8-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
1-8-2023 Newshound Guru Henig Article: "No agreement with the region.. Expectations to settle the draft budget for 2023" Quote: "Suleiman attributed the reasons for its lack of readiness for discussion and approval, summed up in the fact that it needs to prepare paragraphs, including the region's share, the exchange rate, and infrastructure allocations."
1-8-2023 Newshound Guru Kaperoni Iraq is beginning to create the conditions to launch a float of the Iraqi dinar. Large Central Bank Reserves, creating a private sector economy, all are conditions and requirements for the success of floating...one [article] specifically talked about the central bank's reserves and how they won't be needed at such a high amount a year or so from now. That's a clear indication that they're not planning to do anything monetary policy wise with the dinar for at least another year. I don't expect a float until 2024 at least...
1-8-2023 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-8-2023 Newshound Guru Pimpy The last two months have been very rocky for the IQD only because of all the speculation out there. There's a lot of people that want to keep the Iraqi dinar unstable and they did a pretty good job of rocking the boat. I think people are starting to wake up to this trick or maybe not. We're going to find that out the beginning of this next year...the budget...hopefully approved by February should calm a lot of people's nerves and from there we should see some positive movement with the IQD...
1-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] Bands on the float will keep it at 1 to 1 with the American dollar but when they lift these bands the IQD will float faster and it will gain more than a 1 to 1 with the USD and all the other currencies in the basket. Pairing 1 to 1 at the onset and then as the economy of Iraq improves and grows and the education get stronger and louder and Iraqi citizens get used to using the new currency then everything will be perfect for the Iraqi citizens.
1-8-2023 Newshound Guru Clare Article: "Al-Janabi: The Central Bank is able to restore confidence in the Iraqi dinar soon" Quote: "this problem, which confused the state of the Iraqi market, will soon be resolved, and the central bank is able to restore confidence in the value of the Iraqi dinar and adjust technical matters in the near future,"
1-8-2023 Newshound Guru Paulette Vietnam has been officially acknowledged to be Article 8 compliant, Iraq has not. Additionally, the CBI has clearly stated their intent to implement the "Delete the Zeros" project. Vietnam has not made any such claims. Bottom line, comparing Iraq and Vietnam due to their low currency value is like comparing Apples to Oranges... [Post 2 of 2]
1-8-2023 Newshound Guru Paulette Many try to compare Vietnam and Iraq when evaluating the currency. Most of these comparisons are flawed: "...Vietnam has a very low rate and their economy is one of the fastest growing..." This is a totally irrelevant comparison. The rate is not the issue. The issue is IMF Article 8 Compliance. This allows Freedom of Movement of capital in and out of the country. [Post 1 of 2....stay tuned]
1-8-2023 Intel Guru MarkZ [via PDK] I am still hearing they want to keep things very cloudy here at the end for safety reasons. Based on my research and a couple conversations that they are throwing around dates from the 9th to the 31st…they are doing this on purpose. They do not want anyone to know the exact date…for security reasons. They have a wide target range there, and personally I think it should be on the “sooner” side then the “later” side of it.
1-8-2023 Newshound Guru Henig Article: "No agreement with the region.. Expectations to settle the draft budget for 2023" Quote: "Suleiman attributed the reasons for its lack of readiness for discussion and approval, summed up in the fact that it needs to prepare paragraphs, including the region's share, the exchange rate, and infrastructure allocations."
1-8-2023 Newshound Guru Kaperoni Iraq is beginning to create the conditions to launch a float of the Iraqi dinar. Large Central Bank Reserves, creating a private sector economy, all are conditions and requirements for the success of floating...one [article] specifically talked about the central bank's reserves and how they won't be needed at such a high amount a year or so from now. That's a clear indication that they're not planning to do anything monetary policy wise with the dinar for at least another year. I don't expect a float until 2024 at least...
1-8-2023 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-8-2023 Newshound Guru Pimpy The last two months have been very rocky for the IQD only because of all the speculation out there. There's a lot of people that want to keep the Iraqi dinar unstable and they did a pretty good job of rocking the boat. I think people are starting to wake up to this trick or maybe not. We're going to find that out the beginning of this next year...the budget...hopefully approved by February should calm a lot of people's nerves and from there we should see some positive movement with the IQD...
1-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] Bands on the float will keep it at 1 to 1 with the American dollar but when they lift these bands the IQD will float faster and it will gain more than a 1 to 1 with the USD and all the other currencies in the basket. Pairing 1 to 1 at the onset and then as the economy of Iraq improves and grows and the education get stronger and louder and Iraqi citizens get used to using the new currency then everything will be perfect for the Iraqi citizens.
1-8-2023 Newshound Guru Clare Article: "Al-Janabi: The Central Bank is able to restore confidence in the Iraqi dinar soon" Quote: "this problem, which confused the state of the Iraqi market, will soon be resolved, and the central bank is able to restore confidence in the value of the Iraqi dinar and adjust technical matters in the near future,"
1-8-2023 Newshound Guru Paulette Vietnam has been officially acknowledged to be Article 8 compliant, Iraq has not. Additionally, the CBI has clearly stated their intent to implement the "Delete the Zeros" project. Vietnam has not made any such claims. Bottom line, comparing Iraq and Vietnam due to their low currency value is like comparing Apples to Oranges... [Post 2 of 2]
1-8-2023 Newshound Guru Paulette Many try to compare Vietnam and Iraq when evaluating the currency. Most of these comparisons are flawed: "...Vietnam has a very low rate and their economy is one of the fastest growing..." This is a totally irrelevant comparison. The rate is not the issue. The issue is IMF Article 8 Compliance. This allows Freedom of Movement of capital in and out of the country. [Post 1 of 2....stay tuned]
1-8-2023 Intel Guru MarkZ [via PDK] I am still hearing they want to keep things very cloudy here at the end for safety reasons. Based on my research and a couple conversations that they are throwing around dates from the 9th to the 31st…they are doing this on purpose. They do not want anyone to know the exact date…for security reasons. They have a wide target range there, and personally I think it should be on the “sooner” side then the “later” side of it.
1-7-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
1-7-2023 Intel Guru Frank26 Question: "So the maximum rate will be $3.44 when we should fold'm?' Don't put me in that position. I can't tell you when to hold'm and when to fold'm...
1-7-2023 Newshound Guru Kaperoni Launching a float is not a simple event it's based on the economic growth and laws that are in place. Until Iraq creates the conditions, there will be no float.
1-7-2023 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-7-2023 Intel Guru MarkZ [via PDK] I am getting reports from folks I know …so believe it to be accurate …that a lot of “TEST” transactions are occurring …TEST transfers…to make sure they have everything squared away…A lot of NDA’s are going out along with those…more and more people are now “falling off the grid”. Meaning they will not discuss anything RV related…because they can’t. They are being very upfront saying “Hey NDA…cannot talk about this”. ...I am very excited about the number of people now going under NDA’s , This is not rumors of NDA’s but actual NDA’s regarding the testing process.
1-7-2023 Newshound Guru Pimpy You people were told that you cannot exchange your dinar unless you have a humanitarian project. That's false... that's another thing out there that drives me crazy.
1-7-2023 Newshound Guru Clare Article: "Parliamentary expectations for the arrival of the federal budget before the start of the second legislative term" Quote: "Parliamentarians expected the federal budget to arrive before the start of the second legislative term, which will start next Monday."
1-7-2023 Newshound Guru Henig Article: "The population of Iraq for the year 2022 amounted to more than 42 million" Quote: "He pointed out that the percentage of the population under the age of (15 years) amounted to (40.5%) ...while the percentage of those of working age (15-64 years) amounted to (56.5%). While the percentage of the elderly (65 years and over) was...(3.1%)... Baghdad governorate constituted the highest percentage...as its population exceeded (9) million people, at a rate of (21.3%) of the total population of Iraq."
1-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] The announcement is about timing - concerning the new exchange rate. I wonder if the CBI governor will even make it through that time period...he's got to do his job... Article: "A source reveals behind the scenes of the news that talked about the dismissal of the governor of the Central Bank"
1-7-2023 Newshound/Intel Guru Mnt Goat Iraq started the process of joining the WTO 18 years ago...the process was delayed due to corruption in Iraq... due to political and economic instability this was stalled until 2017...Since then, the fast-tracking process is underway...Iraq has made considerable progress in this front...They must be VERY close to full membership...I will say that I believe the WTO is also going to push that Iraq reinstate the IQD back on FOREX and relieve Iraq of all sanctions on their currency... Iraq was supposed to be already reinstated on FOREX, as Dr. Shabib wanted to do back in January 2013.
1-7-2023 Intel Guru Bruce [via WiserNow] We hope that the intel that we're getting now and we've got it from several sources, we've got it from sources with from Wells Fargo, Citibank, we've got it saying that we're going to start these exchanges on Tuesday...And that's what I believe.
1-7-2023 Intel Guru Frank26 Question: "So the maximum rate will be $3.44 when we should fold'm?' Don't put me in that position. I can't tell you when to hold'm and when to fold'm...
1-7-2023 Newshound Guru Kaperoni Launching a float is not a simple event it's based on the economic growth and laws that are in place. Until Iraq creates the conditions, there will be no float.
1-7-2023 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-7-2023 Intel Guru MarkZ [via PDK] I am getting reports from folks I know …so believe it to be accurate …that a lot of “TEST” transactions are occurring …TEST transfers…to make sure they have everything squared away…A lot of NDA’s are going out along with those…more and more people are now “falling off the grid”. Meaning they will not discuss anything RV related…because they can’t. They are being very upfront saying “Hey NDA…cannot talk about this”. ...I am very excited about the number of people now going under NDA’s , This is not rumors of NDA’s but actual NDA’s regarding the testing process.
1-7-2023 Newshound Guru Pimpy You people were told that you cannot exchange your dinar unless you have a humanitarian project. That's false... that's another thing out there that drives me crazy.
1-7-2023 Newshound Guru Clare Article: "Parliamentary expectations for the arrival of the federal budget before the start of the second legislative term" Quote: "Parliamentarians expected the federal budget to arrive before the start of the second legislative term, which will start next Monday."
1-7-2023 Newshound Guru Henig Article: "The population of Iraq for the year 2022 amounted to more than 42 million" Quote: "He pointed out that the percentage of the population under the age of (15 years) amounted to (40.5%) ...while the percentage of those of working age (15-64 years) amounted to (56.5%). While the percentage of the elderly (65 years and over) was...(3.1%)... Baghdad governorate constituted the highest percentage...as its population exceeded (9) million people, at a rate of (21.3%) of the total population of Iraq."
1-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] The announcement is about timing - concerning the new exchange rate. I wonder if the CBI governor will even make it through that time period...he's got to do his job... Article: "A source reveals behind the scenes of the news that talked about the dismissal of the governor of the Central Bank"
1-7-2023 Newshound/Intel Guru Mnt Goat Iraq started the process of joining the WTO 18 years ago...the process was delayed due to corruption in Iraq... due to political and economic instability this was stalled until 2017...Since then, the fast-tracking process is underway...Iraq has made considerable progress in this front...They must be VERY close to full membership...I will say that I believe the WTO is also going to push that Iraq reinstate the IQD back on FOREX and relieve Iraq of all sanctions on their currency... Iraq was supposed to be already reinstated on FOREX, as Dr. Shabib wanted to do back in January 2013.
1-7-2023 Intel Guru Bruce [via WiserNow] We hope that the intel that we're getting now and we've got it from several sources, we've got it from sources with from Wells Fargo, Citibank, we've got it saying that we're going to start these exchanges on Tuesday...And that's what I believe.
1-6-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
1-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] The 3-zeros are going to drop gradually as the IQD floats internationally. You will see the exchange rate go from .000 to .00 to .0 to . - that's the float.
1-6-2023 Newshound Guru Kaperoni Question: "Iraq has 80 trillion dinars idle....Just a question....how can it Reinstate at 1-1 with all of that? That is a huge load of them isnt it?" ...The latest articles I've seen from the Ministry of Finance indicate Iraq has over 100 trillion dinar in circulation. Even if it was less it's still significantly more than Iraq could ever afford to RV...
1-6-2023 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-6-2023 Intel Guru Bruce [via WiserNow] ...this is what we're hearing...Bondholders... it's important that we know when the bondholders are actually going to be paid because it should trigger virtually a shotgun start with us. It could be within hours of when we get notified ...When will the notifications come to us? Probably Monday...we got a good shot of getting our exchanges started Monday evening...If it's later in the day, on Monday that we get our notifications...we're automatically defaulted to Tuesday, for our start of exchanges...So I'm excited about where this is going. I hope this is the end of the ride.
1-6-2023 Newshound Guru Pimpy The re-denomination of the Iraqi dinar...too much crap has happened with the Iraqi dinar for it to continue to exist in its current state. Something needs to be done about that.
1-6-2023 Newshound Guru Clare Article: "Minister of Oil: We have achieved more than $115 billion in exporting crude oil for the year 2022"
1-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] Don't think for one moment that the float is going to go into a ridiculous number like $5, $6, or $7. No. Absolutely not...the CBI is in control not out of control... bands/measures will continue to keep the Iraqi dinar as it floats within a disciplined form... +/- 3% with a predetermined exchange rate as a goal...don't think that it's going to go higher than other Middle Eastern countries.
1-6-2022 Guru Nader From The Mid East The only way for you to be comfortable and say okay it's time or it's close is when you see him change currency. When you see him [CBI] come out with a new currency and stop buying and selling the dinar...
1-6-2023 Intel Guru MarkZ [via PDK] There has been no new RV news since yesterday evening. Everything still appears to be moving forward. Groups are still finishing any paperwork submissions they need by this evening. Everyone is still looking for a release around the 9th….so it still looks good.
1-6-2023 Newshound Guru Sandy Ingram One of the conditions required Egypt to float their currency...the immediate results were high prices and...a sudden widening of the exchange rate between...the black market and the Central Bank of Egypt's currency rate...The value of the Egyptian pound dropped by nearly 50% last Thursday however in the long term it is hoped...floating the currency will control inflation...Egypt has been running desperately short of foreign currency. Iraq does not have this problem...Iraq foreign currency reserve is now over $96 billion... [Post 2 of 2]
1-6-2023 Newshound Guru Sandy Ingram This is an extremely important lesson and real case study of the Central Bank of Egypt's decision to float the currency. We are sharing this information so you know what to expect or not expect should and when Iraq floats their currency...Floating a currency... means the government is no longer controlling the value of the Egyptian pound...For decades the Egyptian currency was pegged...it could only go up or down based upon the fluctuations of the U.S. dollar...Then Egypt needed a loan from the IMF... [Post 1 of 2...stay tuned]
1-6-2023 Newshound/Intel Guru Mnt Goat Did they finally get it under control using the new platform installed by the US Treasury? Remember it was going over 200 million most weeks and the difference was being stolen and not part of the economy...To me this is very good news...It matters in stabilizing the monetary system of Iraq. We need this before they will pull the trigger on any reinstatement. When the CBI says they need ‘stability” this is all part of it. [post 2 of 2]
1-6-2023 Newshound/Intel Guru Mnt Goat Article: "FOR THE FIRST TIME, CENTRAL BANK SALES ARE DEVOID OF FOREIGN REMITTANCES" Quote: "the central bank sold today, during its auction for buying and selling US dollars, 43 million and 500 thousand dollars..." They have told us Iraq needs about 60 million in currency auctions sales a week to meet the demand of the Iraq economy. So this sales is just about where they expect it. Also this time the auctions sold only CASH and no large electronic transfers... [post 1 of 2....stay tuned]
1-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] The 3-zeros are going to drop gradually as the IQD floats internationally. You will see the exchange rate go from .000 to .00 to .0 to . - that's the float.
1-6-2023 Newshound Guru Kaperoni Question: "Iraq has 80 trillion dinars idle....Just a question....how can it Reinstate at 1-1 with all of that? That is a huge load of them isnt it?" ...The latest articles I've seen from the Ministry of Finance indicate Iraq has over 100 trillion dinar in circulation. Even if it was less it's still significantly more than Iraq could ever afford to RV...
1-6-2023 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-6-2023 Intel Guru Bruce [via WiserNow] ...this is what we're hearing...Bondholders... it's important that we know when the bondholders are actually going to be paid because it should trigger virtually a shotgun start with us. It could be within hours of when we get notified ...When will the notifications come to us? Probably Monday...we got a good shot of getting our exchanges started Monday evening...If it's later in the day, on Monday that we get our notifications...we're automatically defaulted to Tuesday, for our start of exchanges...So I'm excited about where this is going. I hope this is the end of the ride.
1-6-2023 Newshound Guru Pimpy The re-denomination of the Iraqi dinar...too much crap has happened with the Iraqi dinar for it to continue to exist in its current state. Something needs to be done about that.
1-6-2023 Newshound Guru Clare Article: "Minister of Oil: We have achieved more than $115 billion in exporting crude oil for the year 2022"
1-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] Don't think for one moment that the float is going to go into a ridiculous number like $5, $6, or $7. No. Absolutely not...the CBI is in control not out of control... bands/measures will continue to keep the Iraqi dinar as it floats within a disciplined form... +/- 3% with a predetermined exchange rate as a goal...don't think that it's going to go higher than other Middle Eastern countries.
1-6-2022 Guru Nader From The Mid East The only way for you to be comfortable and say okay it's time or it's close is when you see him change currency. When you see him [CBI] come out with a new currency and stop buying and selling the dinar...
1-6-2023 Intel Guru MarkZ [via PDK] There has been no new RV news since yesterday evening. Everything still appears to be moving forward. Groups are still finishing any paperwork submissions they need by this evening. Everyone is still looking for a release around the 9th….so it still looks good.
1-6-2023 Newshound Guru Sandy Ingram One of the conditions required Egypt to float their currency...the immediate results were high prices and...a sudden widening of the exchange rate between...the black market and the Central Bank of Egypt's currency rate...The value of the Egyptian pound dropped by nearly 50% last Thursday however in the long term it is hoped...floating the currency will control inflation...Egypt has been running desperately short of foreign currency. Iraq does not have this problem...Iraq foreign currency reserve is now over $96 billion... [Post 2 of 2]
1-6-2023 Newshound Guru Sandy Ingram This is an extremely important lesson and real case study of the Central Bank of Egypt's decision to float the currency. We are sharing this information so you know what to expect or not expect should and when Iraq floats their currency...Floating a currency... means the government is no longer controlling the value of the Egyptian pound...For decades the Egyptian currency was pegged...it could only go up or down based upon the fluctuations of the U.S. dollar...Then Egypt needed a loan from the IMF... [Post 1 of 2...stay tuned]
1-6-2023 Newshound/Intel Guru Mnt Goat Did they finally get it under control using the new platform installed by the US Treasury? Remember it was going over 200 million most weeks and the difference was being stolen and not part of the economy...To me this is very good news...It matters in stabilizing the monetary system of Iraq. We need this before they will pull the trigger on any reinstatement. When the CBI says they need ‘stability” this is all part of it. [post 2 of 2]
1-6-2023 Newshound/Intel Guru Mnt Goat Article: "FOR THE FIRST TIME, CENTRAL BANK SALES ARE DEVOID OF FOREIGN REMITTANCES" Quote: "the central bank sold today, during its auction for buying and selling US dollars, 43 million and 500 thousand dollars..." They have told us Iraq needs about 60 million in currency auctions sales a week to meet the demand of the Iraq economy. So this sales is just about where they expect it. Also this time the auctions sold only CASH and no large electronic transfers... [post 1 of 2....stay tuned]
1-5-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
1-5-2023 Intel Guru MarkZ [via PDK] ...There is a lot going on. Things are getting exciting right now as we get into the final moments of this thing…the final innings…the final rounds...I am getting a whole lot of chatter that they are expecting us to be fully funded by the 9th right now. I am very nervous when I hear exact dates…so trying to stay grounded...We have been on this roller coaster before so try to stay calm. But it does look so good right now. I am very excited about the days ahead. I hope I am not sitting here next week with egg on my face…But, I really think we are at the end of this thing…. All my sources say it’s very close.
1-5-2023 Newshound Guru Pimpy I think this [stability of the dinar] is going to be an issue for the first couple of months going into 2023 but after that there should be some stability and then growth for the Iraqi dinar...
1-5-2023 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-5-2022 Intel Guru Frank26 Somebody said, 'How is it that Iraq is going to pay me $3 per dinar? How can they afford that?' First of all they're filthy rich and second of all they don't have to just pay you in Iraqi dinars...In order to belong to the WTO all countries use multiple currencies to pay their bills, to buy things, to trade with... (they are being escorted...to be a WTO member) ...To be a WTO member you must have no restrictions on your currency. None whatsoever. Your currency must be fully convertible. Wow. That is the definition of Article VIII...IMO the IQD is soon to float internationally...but right now it's floating internally and you can see that as the USD exchange rate fluctuates right now...
1-5-2023 Newshound Guru Paulette If the new rate does not directly apply to both old and new currency, the CBI will have created a Multi Currency Practice structure in violation of the IMF Article 8. Therefore, the IMF will not be able to authorize a Reinstatement due to Iraq being in violation of Article 8. This would also prevent full ascension to the WTO. Certainly the plan for Iraq cannot be to run their country on USD forever. The underlying fundamentals for holding IQD are sound. The implementation of the "Delete the Zeros" project will tell us just how sound.
1-5-2023 Newshound Guru Militia Man Article: "Iraq achieves the largest purchase of US Treasury bonds in 10 years" Iraq holding US Treasury Bonds doesn't suggest their is an issue with the value of the Dollar or they wouldn't be net buyers. They know what the UST has in foreign reserves.. As in IQD, being one of the largest. All boats rise with the tide, Iraq included..
1-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] On Monday we [U.S. CBI satellite bank] have site meeting with the CBI. All my employees will be there too...The CBI wants to talk to us.
1-5-2023 Guru Nader From The Mid East Two things you're gonna see. When they stop selling and buying [dinars] at the banks for a week or two. When you see new very small currency come out - 1, 5, 10, 20 maybe 25, 50, 100. Now you can smile and say they made it.
1-5-2023 Newshound Guru Pimpy The news as usual has to do with the dinar exchange rate. Every day one to two articles about changes to the exchange rate, thought about changes to the exchange rate, Central Bank of Iraq saying there's no change to the exchange rate, Stock exchange playing havoc on the exchange rate, one thing or another is in the news about the exchange rate and this causes a lot of confusion...
1-5-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Protesters outside of the CBI demanding the dollar go down and strengthen our dinars. This started around 2 dozen protesters but it's growing over 100 and now security forces are called in which are standing by. FRANK: This will only last a day. You will have good news very soon. I don't blame the citizens that are protesting at the CBI either. The governor knows he can be fired at any moment. That's why he's going at a faster pace... impossible as it may seem the monetary reform is on solid ground and gaining ground...
1-5-2023 Intel Guru Bruce [via WiserNow] One of our sources is very close to the Treasury and has strong contacts there and is saying...All should start and roll out over a 30 hour period beginning at noon - Eastern time tomorrow [Wednesday]...So noon tomorrow, Wednesday - Is 6pm Thursday is our 30 hour rollout window for what is going to be in affect...a shotgun start... I know Iraq has done their thing. Hopefully, they have done everything that they needed to do...I think it's ready, We're ready to go.
1-5-2023 Intel Guru MarkZ [via PDK] If it comes in at $3.22 it’s a re-instatement…Any other rate…$1 or $6 or any other rate…is a re-value.
1-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] The goal of the CBI is for the Iraqi dinar to leave it's borders and when it leaves its borders ...not let it get out of hand. It will have tight bands/restrictions on it of +/- 3%...until the CBI decides we reached our REER (Real Effective Exchange Rate) of the Iraqi dinar. This goal will be monitored/driven by predetermined measures with a predetermined exchange rate established.
1-5-2023 Intel Guru MarkZ [via PDK] ...There is a lot going on. Things are getting exciting right now as we get into the final moments of this thing…the final innings…the final rounds...I am getting a whole lot of chatter that they are expecting us to be fully funded by the 9th right now. I am very nervous when I hear exact dates…so trying to stay grounded...We have been on this roller coaster before so try to stay calm. But it does look so good right now. I am very excited about the days ahead. I hope I am not sitting here next week with egg on my face…But, I really think we are at the end of this thing…. All my sources say it’s very close.
1-5-2023 Newshound Guru Pimpy I think this [stability of the dinar] is going to be an issue for the first couple of months going into 2023 but after that there should be some stability and then growth for the Iraqi dinar...
1-5-2023 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-5-2022 Intel Guru Frank26 Somebody said, 'How is it that Iraq is going to pay me $3 per dinar? How can they afford that?' First of all they're filthy rich and second of all they don't have to just pay you in Iraqi dinars...In order to belong to the WTO all countries use multiple currencies to pay their bills, to buy things, to trade with... (they are being escorted...to be a WTO member) ...To be a WTO member you must have no restrictions on your currency. None whatsoever. Your currency must be fully convertible. Wow. That is the definition of Article VIII...IMO the IQD is soon to float internationally...but right now it's floating internally and you can see that as the USD exchange rate fluctuates right now...
1-5-2023 Newshound Guru Paulette If the new rate does not directly apply to both old and new currency, the CBI will have created a Multi Currency Practice structure in violation of the IMF Article 8. Therefore, the IMF will not be able to authorize a Reinstatement due to Iraq being in violation of Article 8. This would also prevent full ascension to the WTO. Certainly the plan for Iraq cannot be to run their country on USD forever. The underlying fundamentals for holding IQD are sound. The implementation of the "Delete the Zeros" project will tell us just how sound.
1-5-2023 Newshound Guru Militia Man Article: "Iraq achieves the largest purchase of US Treasury bonds in 10 years" Iraq holding US Treasury Bonds doesn't suggest their is an issue with the value of the Dollar or they wouldn't be net buyers. They know what the UST has in foreign reserves.. As in IQD, being one of the largest. All boats rise with the tide, Iraq included..
1-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] On Monday we [U.S. CBI satellite bank] have site meeting with the CBI. All my employees will be there too...The CBI wants to talk to us.
1-5-2023 Guru Nader From The Mid East Two things you're gonna see. When they stop selling and buying [dinars] at the banks for a week or two. When you see new very small currency come out - 1, 5, 10, 20 maybe 25, 50, 100. Now you can smile and say they made it.
1-5-2023 Newshound Guru Pimpy The news as usual has to do with the dinar exchange rate. Every day one to two articles about changes to the exchange rate, thought about changes to the exchange rate, Central Bank of Iraq saying there's no change to the exchange rate, Stock exchange playing havoc on the exchange rate, one thing or another is in the news about the exchange rate and this causes a lot of confusion...
1-5-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Protesters outside of the CBI demanding the dollar go down and strengthen our dinars. This started around 2 dozen protesters but it's growing over 100 and now security forces are called in which are standing by. FRANK: This will only last a day. You will have good news very soon. I don't blame the citizens that are protesting at the CBI either. The governor knows he can be fired at any moment. That's why he's going at a faster pace... impossible as it may seem the monetary reform is on solid ground and gaining ground...
1-5-2023 Intel Guru Bruce [via WiserNow] One of our sources is very close to the Treasury and has strong contacts there and is saying...All should start and roll out over a 30 hour period beginning at noon - Eastern time tomorrow [Wednesday]...So noon tomorrow, Wednesday - Is 6pm Thursday is our 30 hour rollout window for what is going to be in affect...a shotgun start... I know Iraq has done their thing. Hopefully, they have done everything that they needed to do...I think it's ready, We're ready to go.
1-5-2023 Intel Guru MarkZ [via PDK] If it comes in at $3.22 it’s a re-instatement…Any other rate…$1 or $6 or any other rate…is a re-value.
1-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] The goal of the CBI is for the Iraqi dinar to leave it's borders and when it leaves its borders ...not let it get out of hand. It will have tight bands/restrictions on it of +/- 3%...until the CBI decides we reached our REER (Real Effective Exchange Rate) of the Iraqi dinar. This goal will be monitored/driven by predetermined measures with a predetermined exchange rate established.
1-4-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
1-4-2023 Intel Guru Frank26 Question: "Any word on when HCL/Article 140 will be passed?" The moment you see the HCL you've got no choice but to see the new exchange rate. It is part of the calculations of it...
1-4-2022 Intel Guru MarkZ [via PDK] Some of the big rates…the great rates rumored on the boards may be dead on. I may be the way way underestimating rates…based on numbers we are seeing right now…yes, I’m excited but trying to stay grounded. It’s getting exciting. But, everyone needs to remain calm. What happens if it does drag out to the 12th or so. We have got to stay calm. There may be a lot of smoke and more ups and downs…this may be a very tumultuous time…wait for the announcements. Be excited we are this close…but stay calm...Don’t ride that roller coaster…stay calm as we get through the final days of this theatre... [post 2 of 2]
1-4-2023 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-4-2022 Intel Guru MarkZ [via PDK] Aircraft are flying in and out of Reno…Whales are there…Groups in mass…its crazy. But no money has changed hands though…yet. There is a massive influx of players arriving that are expecting full funding…it is really heating up. Still hearing phenomenal things from outside the US on exchange rates. Whales in other countries are also getting into position. Everyone is preparing for what seems to be the imminent release...Some of the biggest church groups are being called back in to their seats…I am hearing news every half hour today from contacts saying “We think this is finally it”... It’s been a very long time since we have seen this much excitement and movement…The news is fantastic. [post 1 of 2....stay tuned]
1-4-2023 Guru Nader From The Mid East If they're gonna make a small categories of currency, why they create a 20,000? We don't need a 20,000. Create a 100...50...20...5...1 dinar...they created the 20,000 dinars means they're not ready yet. That means the money's still too big...IMO it's going to go up yes. 1 to 1 maybe. $1.60 maybe. But first they have to come out with new smaller currency...1, 5, 10, 20, 50, 100 and maybe 500 dinars...
1-4-2023 Newshound Guru Pimpy Think supply and demand. If there is a ton of Iraqi dinar and very little U.S. dollars and people want the U.S. dollars then you know your currency is going to devalue against a dollar because they're not very many of them available to the public. What do you do? You do the opposite. You're going to flood the markets with the U.S. dollar and make the Iraqi dinar scarce causing the value of the dinar to go up...
1-4-2023 Guest Guru PompeyPeter [Cash Sales - Not Auctions. Big change in pattern.] They are shifting away from a multi-currency practice to the dinar being the "Supreme currency"...currency exchange for travel and so on will be done throughout 20 banks. Was 4, then 10 and now 20...We are not seeing that nonsense [auctions] about hundreds of millions a day supporting other currencies abroad...It's also wording 'foreign currency selling window', not talking about an auction now. That's a huge change, an enormous change...
1-4-2023 Intel Guru MarkZ [via PDK] ...the first reading of the 2023 budget is expected on the 9th. I am also told the HCL (hydrocarbon law) will be presented on the 9th. It does not mean we will be waiting for that. The CBI has made it very clear they do not have to wait for the government …and they can change the rate whenever they are prepared to.
1-4-2023 Newshound/Intel Guru Walkingstick [via Frank26] The insane reserves the CBI keeps talking about that is what's going to allow the IQD to be asset backed. It's not just oil. It's all of their resourses. That's what makes this currency have so much potential and everybody wants it. It's amazing.
1-4-2023 Intel Guru Frank26 Question: "If Iraq keeps accumulating reserves why do they need to revalue?" Because the reserves are not a countries currency. The reserves are a combination of many other countries' currencies and assets and gold and whatever. The currency is what needs value not the assets. The assets add value/gives value to that which does not have value.
1-4-2023 Newshound Guru Clare Article: "Central Bank: Hard currency reserves amounted to more than $99 billion" Quote: "The rise in reserves is a positive indicator for the Iraqi government and the central bank for the stability of the exchange rate and the local currency"
1-4-2023 Intel Guru MarkZ [via PDK] International contacts are really lighting up with expectations. I was told by a couple of them to watch historic bonds this week…this is it...That they are getting ready to pop completely…and then we are going to the bank. I think this could be it…I think we are in the short and skinny of it. ...we do get confusing news out of Iraq…they are trying to cloud the RV release on purpose.
1-4-2023 Guru Nader From The Mid East For now nothing's happening. They keep talking about it but...IMO it's gonna take time. I don't think they're ready. I don't think the budget has a rate in it. Even if it has a rate in it it's gonna go back to 1160. Even if it floats it's not gonna gain values that quick because the currency is too big...
1-4-2023 Newshound Guru Pimpy There's still a lot of stress happening over the exchange rate and it's not what people think. I'm hearing all kinds of rumors out there that people are saying they're fighting over the exchange rate increase to the original rate of $3.22. That's not true. It's not true at all...
1-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The big news is we finally heard news on when the budget will be in parliament... FRANK: That's wonderful news...I believe what Sudani is telling you...The monetary reform is moving very very quickly... FIREFLY: Yes, within 2 weeks it will be inside parliament. FRANK: If they truly stick to the schedule of two weeks then my trifecta might actually happen around that time - a seated/announced government, an announced and open budget for 2023 and a new exchange rate with new small category notes to match it...
1-4-2023 Intel Guru MarkZ [via PDK] Over the last few years we have seen expenditures to Delarue to print new currencies for them …we have seen new ATM’s and new banking equipment that is for different sized notes than those currently in circulation… So, I feel fairly confident the lower denominations already exist.
1-4-2023 Newshound Guru Clare Article: "Where are the Iraqi oil revenues deposited? Sudanese advisor answers" Quote: "Saleh said, “(Externally) and according to Security Council Resolution 1483 in May 2003, the revenues of the Ministry of Finance from crude oil, gas, exported derivatives, and other funds are deposited in the Federal Reserve Bank in New York, all of which are deposited in an account called DFI or its current alternative"
1-4-2023 Intel Guru Frank26 Question: "Any word on when HCL/Article 140 will be passed?" The moment you see the HCL you've got no choice but to see the new exchange rate. It is part of the calculations of it...
1-4-2022 Intel Guru MarkZ [via PDK] Some of the big rates…the great rates rumored on the boards may be dead on. I may be the way way underestimating rates…based on numbers we are seeing right now…yes, I’m excited but trying to stay grounded. It’s getting exciting. But, everyone needs to remain calm. What happens if it does drag out to the 12th or so. We have got to stay calm. There may be a lot of smoke and more ups and downs…this may be a very tumultuous time…wait for the announcements. Be excited we are this close…but stay calm...Don’t ride that roller coaster…stay calm as we get through the final days of this theatre... [post 2 of 2]
1-4-2023 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-4-2022 Intel Guru MarkZ [via PDK] Aircraft are flying in and out of Reno…Whales are there…Groups in mass…its crazy. But no money has changed hands though…yet. There is a massive influx of players arriving that are expecting full funding…it is really heating up. Still hearing phenomenal things from outside the US on exchange rates. Whales in other countries are also getting into position. Everyone is preparing for what seems to be the imminent release...Some of the biggest church groups are being called back in to their seats…I am hearing news every half hour today from contacts saying “We think this is finally it”... It’s been a very long time since we have seen this much excitement and movement…The news is fantastic. [post 1 of 2....stay tuned]
1-4-2023 Guru Nader From The Mid East If they're gonna make a small categories of currency, why they create a 20,000? We don't need a 20,000. Create a 100...50...20...5...1 dinar...they created the 20,000 dinars means they're not ready yet. That means the money's still too big...IMO it's going to go up yes. 1 to 1 maybe. $1.60 maybe. But first they have to come out with new smaller currency...1, 5, 10, 20, 50, 100 and maybe 500 dinars...
1-4-2023 Newshound Guru Pimpy Think supply and demand. If there is a ton of Iraqi dinar and very little U.S. dollars and people want the U.S. dollars then you know your currency is going to devalue against a dollar because they're not very many of them available to the public. What do you do? You do the opposite. You're going to flood the markets with the U.S. dollar and make the Iraqi dinar scarce causing the value of the dinar to go up...
1-4-2023 Guest Guru PompeyPeter [Cash Sales - Not Auctions. Big change in pattern.] They are shifting away from a multi-currency practice to the dinar being the "Supreme currency"...currency exchange for travel and so on will be done throughout 20 banks. Was 4, then 10 and now 20...We are not seeing that nonsense [auctions] about hundreds of millions a day supporting other currencies abroad...It's also wording 'foreign currency selling window', not talking about an auction now. That's a huge change, an enormous change...
1-4-2023 Intel Guru MarkZ [via PDK] ...the first reading of the 2023 budget is expected on the 9th. I am also told the HCL (hydrocarbon law) will be presented on the 9th. It does not mean we will be waiting for that. The CBI has made it very clear they do not have to wait for the government …and they can change the rate whenever they are prepared to.
1-4-2023 Newshound/Intel Guru Walkingstick [via Frank26] The insane reserves the CBI keeps talking about that is what's going to allow the IQD to be asset backed. It's not just oil. It's all of their resourses. That's what makes this currency have so much potential and everybody wants it. It's amazing.
1-4-2023 Intel Guru Frank26 Question: "If Iraq keeps accumulating reserves why do they need to revalue?" Because the reserves are not a countries currency. The reserves are a combination of many other countries' currencies and assets and gold and whatever. The currency is what needs value not the assets. The assets add value/gives value to that which does not have value.
1-4-2023 Newshound Guru Clare Article: "Central Bank: Hard currency reserves amounted to more than $99 billion" Quote: "The rise in reserves is a positive indicator for the Iraqi government and the central bank for the stability of the exchange rate and the local currency"
1-4-2023 Intel Guru MarkZ [via PDK] International contacts are really lighting up with expectations. I was told by a couple of them to watch historic bonds this week…this is it...That they are getting ready to pop completely…and then we are going to the bank. I think this could be it…I think we are in the short and skinny of it. ...we do get confusing news out of Iraq…they are trying to cloud the RV release on purpose.
1-4-2023 Guru Nader From The Mid East For now nothing's happening. They keep talking about it but...IMO it's gonna take time. I don't think they're ready. I don't think the budget has a rate in it. Even if it has a rate in it it's gonna go back to 1160. Even if it floats it's not gonna gain values that quick because the currency is too big...
1-4-2023 Newshound Guru Pimpy There's still a lot of stress happening over the exchange rate and it's not what people think. I'm hearing all kinds of rumors out there that people are saying they're fighting over the exchange rate increase to the original rate of $3.22. That's not true. It's not true at all...
1-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The big news is we finally heard news on when the budget will be in parliament... FRANK: That's wonderful news...I believe what Sudani is telling you...The monetary reform is moving very very quickly... FIREFLY: Yes, within 2 weeks it will be inside parliament. FRANK: If they truly stick to the schedule of two weeks then my trifecta might actually happen around that time - a seated/announced government, an announced and open budget for 2023 and a new exchange rate with new small category notes to match it...
1-4-2023 Intel Guru MarkZ [via PDK] Over the last few years we have seen expenditures to Delarue to print new currencies for them …we have seen new ATM’s and new banking equipment that is for different sized notes than those currently in circulation… So, I feel fairly confident the lower denominations already exist.
1-4-2023 Newshound Guru Clare Article: "Where are the Iraqi oil revenues deposited? Sudanese advisor answers" Quote: "Saleh said, “(Externally) and according to Security Council Resolution 1483 in May 2003, the revenues of the Ministry of Finance from crude oil, gas, exported derivatives, and other funds are deposited in the Federal Reserve Bank in New York, all of which are deposited in an account called DFI or its current alternative"
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1-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking on TV about what is a currency float and what are the advantages to us Iraqi citizens...why even tell us that if you're going to stay at a program rate of 1450? FRANK: I love it when a plan comes together! ...everything is on course...it may look like you're going to stay at 1460 but none of that is true...it is time to tell you about the float because that is inches away...
1-3-2023 Intel Guru MarkZ [via PDK] I believe they are doing a final test of the system to make sure they have everything working properly…The rate we saw pop up most commonly for the Vietnamese dong was $1.39…this doesn’t mean this is what the final rate will be. There is an interesting ping pong going on with foreign currency rates right now. We are getting a lot of fantastic chatter right now…especially from international paymasters. South and Central America specifically. It’s exciting to see movement…but, I don’t know how close we are. I know the group leaders are still in meetings on logistics …or final logistics…just not a firm handle on “when”. [post 2 of 2]
1-3-2023 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
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1-3-2023 Intel Guru MarkZ [via PDK] ...We are hearing all kinds of stuff from banks all around the world. I cannot tell you how many folks today in our contacts received calls today saying “Hey, you can exchange dong…the Vietnamese dong just showed up on the exchange rate at (?) Then 10 minutes later calls saying don’t go to the banks… There are reports from Columbia and Brazil, South and Central America that they have started the process or about to start the process. We are starting to see (without a hold) rates show up on screens. The problem is sitting right in front of them at the moment the rate shows up…they are popping in and popping out…. It is frustrating today for many on the banking side. [post 1 of 2....stay tuned]
1-3-2023 Newshound Guru Pimpy Is it going to be possible that the HCL issue is going to be signed in 2023? I think you're going to have it done within the first 2 months...That is a major major obstacle in our way with the change in the exchange rate.
1-3-2023 Guru Nader From The Mid East My opinion the country can be fixed yes. The dinar can goes up yes...[but] people all over the world are holding 70 trillion dinars in their hands. Cash. ...Some of you own 1 million...10 million...50 million...IMO as long as we have too much cash...the dinar is not gonna gain values...
1-3-2023 Newshound Guru Militia Man Article: "International Standards in Banking with the CBI" Quote: "facilitate the movement of banking transactions and trade exchange in accordance with international standards." What is not to like about this? Not only is the USA involved, China is too. Don't forget that China has been added to the IMF SDR basket, first to be added in 50 years. So it is not surprising that China would be involved in some shape of form with Iraq.
1-3-2023 Intel Guru MarkZ [via PDK] Many articles out showing Iraq is positioned to move into the world scene. Have you ever seen a country move onto the world scene as an economic powerhouse that has a currency worth nothing??? Well there isn’t one.
1-3-2023 Guest Guru KandG Article: "What is meant by currency float? What are its advantages and disadvantages?" Very interesting to see an article such as this - WHY would you ever talk about a float - to educate the Iraqi citizens maybe? - maybe you have just told on yourself on what you are doing?
1-3-2023 Newshound Guru Clare Article: "In numbers, the central bank reserves increased by 46% of the foreign currency" Quote: "The central bank's reserves amounted to 96 billion US dollars, an annual increase of 46%, and the value of the cash currency exported increased to reach more than 84 trillion Iraqi dinars, an annual increase of 10%. %"
1-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Banks have been open the last two days to sell dollars to citizens. This looks good because they are collecting 3 zero notes!
1-3-2023 Newshound Guru Pimpy There are some games being played with the Iraqi dinar and it looks like Al-Sudani is looking for ways to put a stop to this. I really think it's a cat and mouse game between America and China and Iraq's right in the middle of it.
1-3-2023 Intel Guru MarkZ [via PDK] ...What we are hearing from the banking side of this…I got one great message overnight that simply said “S*** has started”...I am hearing very positive things that the ball has started rolling last night…but, I don’t know what that means for us timing wise…yet. I am getting positive feedback from meetings with no specifics... We didn’t get the smoking gun overnight we hoped for but I am not worried as we are starting to see steady progress.
1-3-2022 Guest Guru yada [I wish I could find evidence that the dinar is no longer pegged to the US dollar but I can't. Can anyone help?] The evidence is in front of you. The fluctuation of the dinar and dollar the past 15 days was it. It had never move this much prior to this because it wasnt, it was moving up and down. And going forward, the Float in itself is proof.
1-3-2023 Guru Nader From The Mid East What Iraq is going through is not easy. You have to...go there and see it for yourself...don't be scare, walk to the mosque...find an Iraq guy or lady...ask them yourself, say, 'Hey what do you think about Iraq?' They're going to tell you it's getting worse and worse by the day...it's not getting better. Even with the sales of oil and private sector getting better...but the people has no money. Don't believe people when they say they have stack of money in their homes. No, we don't have them...
1-3-2022 Intel Guru MarkZ [via PDK] “Sudani: Exchange Rate Fluctuations and their impact made us stick to the inevitability of economic reform” They talk about needing to push forward quickly with the reforms and can no longer kick the can on this. They will address it by stabilization, rate and increasing non state related industries. They want to become a juggernaut through trade…and not just oil.
1-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking on TV about what is a currency float and what are the advantages to us Iraqi citizens...why even tell us that if you're going to stay at a program rate of 1450? FRANK: I love it when a plan comes together! ...everything is on course...it may look like you're going to stay at 1460 but none of that is true...it is time to tell you about the float because that is inches away...
1-3-2023 Intel Guru MarkZ [via PDK] I believe they are doing a final test of the system to make sure they have everything working properly…The rate we saw pop up most commonly for the Vietnamese dong was $1.39…this doesn’t mean this is what the final rate will be. There is an interesting ping pong going on with foreign currency rates right now. We are getting a lot of fantastic chatter right now…especially from international paymasters. South and Central America specifically. It’s exciting to see movement…but, I don’t know how close we are. I know the group leaders are still in meetings on logistics …or final logistics…just not a firm handle on “when”. [post 2 of 2]
1-3-2023 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-3-2023 Intel Guru MarkZ [via PDK] ...We are hearing all kinds of stuff from banks all around the world. I cannot tell you how many folks today in our contacts received calls today saying “Hey, you can exchange dong…the Vietnamese dong just showed up on the exchange rate at (?) Then 10 minutes later calls saying don’t go to the banks… There are reports from Columbia and Brazil, South and Central America that they have started the process or about to start the process. We are starting to see (without a hold) rates show up on screens. The problem is sitting right in front of them at the moment the rate shows up…they are popping in and popping out…. It is frustrating today for many on the banking side. [post 1 of 2....stay tuned]
1-3-2023 Newshound Guru Pimpy Is it going to be possible that the HCL issue is going to be signed in 2023? I think you're going to have it done within the first 2 months...That is a major major obstacle in our way with the change in the exchange rate.
1-3-2023 Guru Nader From The Mid East My opinion the country can be fixed yes. The dinar can goes up yes...[but] people all over the world are holding 70 trillion dinars in their hands. Cash. ...Some of you own 1 million...10 million...50 million...IMO as long as we have too much cash...the dinar is not gonna gain values...
1-3-2023 Newshound Guru Militia Man Article: "International Standards in Banking with the CBI" Quote: "facilitate the movement of banking transactions and trade exchange in accordance with international standards." What is not to like about this? Not only is the USA involved, China is too. Don't forget that China has been added to the IMF SDR basket, first to be added in 50 years. So it is not surprising that China would be involved in some shape of form with Iraq.
1-3-2023 Intel Guru MarkZ [via PDK] Many articles out showing Iraq is positioned to move into the world scene. Have you ever seen a country move onto the world scene as an economic powerhouse that has a currency worth nothing??? Well there isn’t one.
1-3-2023 Guest Guru KandG Article: "What is meant by currency float? What are its advantages and disadvantages?" Very interesting to see an article such as this - WHY would you ever talk about a float - to educate the Iraqi citizens maybe? - maybe you have just told on yourself on what you are doing?
1-3-2023 Newshound Guru Clare Article: "In numbers, the central bank reserves increased by 46% of the foreign currency" Quote: "The central bank's reserves amounted to 96 billion US dollars, an annual increase of 46%, and the value of the cash currency exported increased to reach more than 84 trillion Iraqi dinars, an annual increase of 10%. %"
1-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Banks have been open the last two days to sell dollars to citizens. This looks good because they are collecting 3 zero notes!
1-3-2023 Newshound Guru Pimpy There are some games being played with the Iraqi dinar and it looks like Al-Sudani is looking for ways to put a stop to this. I really think it's a cat and mouse game between America and China and Iraq's right in the middle of it.
1-3-2023 Intel Guru MarkZ [via PDK] ...What we are hearing from the banking side of this…I got one great message overnight that simply said “S*** has started”...I am hearing very positive things that the ball has started rolling last night…but, I don’t know what that means for us timing wise…yet. I am getting positive feedback from meetings with no specifics... We didn’t get the smoking gun overnight we hoped for but I am not worried as we are starting to see steady progress.
1-3-2022 Guest Guru yada [I wish I could find evidence that the dinar is no longer pegged to the US dollar but I can't. Can anyone help?] The evidence is in front of you. The fluctuation of the dinar and dollar the past 15 days was it. It had never move this much prior to this because it wasnt, it was moving up and down. And going forward, the Float in itself is proof.
1-3-2023 Guru Nader From The Mid East What Iraq is going through is not easy. You have to...go there and see it for yourself...don't be scare, walk to the mosque...find an Iraq guy or lady...ask them yourself, say, 'Hey what do you think about Iraq?' They're going to tell you it's getting worse and worse by the day...it's not getting better. Even with the sales of oil and private sector getting better...but the people has no money. Don't believe people when they say they have stack of money in their homes. No, we don't have them...
1-3-2022 Intel Guru MarkZ [via PDK] “Sudani: Exchange Rate Fluctuations and their impact made us stick to the inevitability of economic reform” They talk about needing to push forward quickly with the reforms and can no longer kick the can on this. They will address it by stabilization, rate and increasing non state related industries. They want to become a juggernaut through trade…and not just oil.
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1-2-2023 Newshound Guru Pimpy The 2023 budget is getting ready to be presented to the House of Representatives. What are they worried about? The stability of the economy and currency. That's a problem...Why isn't it stable? We have some very corrupt people who make money off the currency and the country being unstable and these people have very powerful positions within Iraq. A lot of them are politicians, a lot of them are backed by the Iranian mullahs, a lot of them have their own supporters within Iraq...
1-2-2023 Intel Guru Frank26 Article: "What is meant by currency float? What are its advantages and disadvantages?" [Guru] WS & I TOLD YOU SO, THAT THE MONETARY REFORM EDUCATION TO THE IRAQI CITIZENS WOULD BE LOUD, PRECISE & VERY CLEAR... THEY TEACH THE IRAQI CITIZENS ON HOW THEIR CURRENCY IS ABOUT TO ENTER AN INTERNATIONAL FLOAT... TA-DA.
1-2-2023 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-2-2023 Newshound Guru Clare Article: "Abdul Hassan Al-Shammari to / NINA /: I do not worry about the stability of the local currency, with the large reserves of the dollar and gold...in addition to that the continuous flow of foreign currency from the export of oil in particular."
1-2-2023 Intel Guru MarkZ [via PDK] Here is the chatter from the banks ...Ongoing meetings throughout the day and into this evening. I’ve got some private banking contacts that are part of this process and are hoping to be able to send out their announcements and notifications late tonight or tomorrow. This is still their goal...I do know we are awfully close. They are very hopeful that by tomorrow they will be able to send out announcements. I hope they are correct...I am hearing it from a lot of different sources. …I am praying this is it...we will watch it closely.
1-2-2023 Newshound Guru Sandy Ingram Iraq is still under sanctions and the powers that be (UN, US, UK/EU, IMF, World Bank) are not interested in allowing Iraq back into the global markets with a track record of corruption and security issues. Security issues means that international companies cannot invest in Iraq. Without the investment factor, little happens...
1-2-2023 Newshound Guru Paulette Article: "Parliamentary agreement on the legislation of the oil and gas law" Quote: "everyone agrees on the oil and gas law, and it will be legislated during the coming period." Huuuuuge ...WE always believed the Kurds would never agree until the last minute...Waiting for it to be legislated.
1-2-2023 Guru Nader From The Mid East I'm not expecting anything in the budget. I hope something is in it...but for sure something in it, I don't think so...if you look at the private sector...economy...everything is going well... they're doing good, yes...I'm not saying it's not gonna happen, it's just going to take time...you made an investment, it's a long-term investment...it's going to happen when it's ready...
1-2-2023 Newshound Guru Pimpy Article: "Expert: No Concern About The Stability Of The Dinar With The Presence Of large Reserves Of The Dollar And Gold" Remember I was telling you as they continue to increase their foreign reserve assets and their gold reserves the whole purpose of that was to help stabilize and protect the Iraqi dinar and that's what this economist is talking about...
1-2-2023 Intel Guru Frank26 Question: "Do you think anything will happen in 2023?" I don't know, I can't predict that but I am leaning more on the fact that they are going to get this thing done this time around.
1-2-2023 Intel Guru MarkZ [via PDK] I am still hearing positive things on the news side... There are great expectations we will see movement today. Cross your fingers that this is it. This is the day they were looking for movement to start...hopefully release by tomorrow...I still expect the rate to come out close to $4 and the oil for dinar deal maybe $2 higher.
1-2-2023 Newshound Guru Clare Article: "What is meant by currency float? What are its advantages and disadvantages?” Quote: "There are millions of traders around the world buying and selling currencies...The basis of the currency floating system is supply and demand. If the supply is greater than the demand, the value of the currency will decrease. On the contrary, if the demand is greater than the supply, its value will increase..."
1-2-2023 Guest Guru yada ...The mechanism is in place in and outside of Iraq. The dinar is not pegged to the dollar and for the past 15 days or so, it has been adjusting to home in on pairing with the other currencies in the basket. The people will have to use dinar to make their exchanges on their apps and the rest of the world will be using dinar for their contracts. No more having to convert to dollar to buy/sell, straight dinar/dong, dinar/yuan, dinar/pound, dinar with any other contract they've established.
1-2-2023 Newshound Guru Pimpy The 2023 budget is getting ready to be presented to the House of Representatives. What are they worried about? The stability of the economy and currency. That's a problem...Why isn't it stable? We have some very corrupt people who make money off the currency and the country being unstable and these people have very powerful positions within Iraq. A lot of them are politicians, a lot of them are backed by the Iranian mullahs, a lot of them have their own supporters within Iraq...
1-2-2023 Intel Guru Frank26 Article: "What is meant by currency float? What are its advantages and disadvantages?" [Guru] WS & I TOLD YOU SO, THAT THE MONETARY REFORM EDUCATION TO THE IRAQI CITIZENS WOULD BE LOUD, PRECISE & VERY CLEAR... THEY TEACH THE IRAQI CITIZENS ON HOW THEIR CURRENCY IS ABOUT TO ENTER AN INTERNATIONAL FLOAT... TA-DA.
1-2-2023 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-2-2023 Newshound Guru Clare Article: "Abdul Hassan Al-Shammari to / NINA /: I do not worry about the stability of the local currency, with the large reserves of the dollar and gold...in addition to that the continuous flow of foreign currency from the export of oil in particular."
1-2-2023 Intel Guru MarkZ [via PDK] Here is the chatter from the banks ...Ongoing meetings throughout the day and into this evening. I’ve got some private banking contacts that are part of this process and are hoping to be able to send out their announcements and notifications late tonight or tomorrow. This is still their goal...I do know we are awfully close. They are very hopeful that by tomorrow they will be able to send out announcements. I hope they are correct...I am hearing it from a lot of different sources. …I am praying this is it...we will watch it closely.
1-2-2023 Newshound Guru Sandy Ingram Iraq is still under sanctions and the powers that be (UN, US, UK/EU, IMF, World Bank) are not interested in allowing Iraq back into the global markets with a track record of corruption and security issues. Security issues means that international companies cannot invest in Iraq. Without the investment factor, little happens...
1-2-2023 Newshound Guru Paulette Article: "Parliamentary agreement on the legislation of the oil and gas law" Quote: "everyone agrees on the oil and gas law, and it will be legislated during the coming period." Huuuuuge ...WE always believed the Kurds would never agree until the last minute...Waiting for it to be legislated.
1-2-2023 Guru Nader From The Mid East I'm not expecting anything in the budget. I hope something is in it...but for sure something in it, I don't think so...if you look at the private sector...economy...everything is going well... they're doing good, yes...I'm not saying it's not gonna happen, it's just going to take time...you made an investment, it's a long-term investment...it's going to happen when it's ready...
1-2-2023 Newshound Guru Pimpy Article: "Expert: No Concern About The Stability Of The Dinar With The Presence Of large Reserves Of The Dollar And Gold" Remember I was telling you as they continue to increase their foreign reserve assets and their gold reserves the whole purpose of that was to help stabilize and protect the Iraqi dinar and that's what this economist is talking about...
1-2-2023 Intel Guru Frank26 Question: "Do you think anything will happen in 2023?" I don't know, I can't predict that but I am leaning more on the fact that they are going to get this thing done this time around.
1-2-2023 Intel Guru MarkZ [via PDK] I am still hearing positive things on the news side... There are great expectations we will see movement today. Cross your fingers that this is it. This is the day they were looking for movement to start...hopefully release by tomorrow...I still expect the rate to come out close to $4 and the oil for dinar deal maybe $2 higher.
1-2-2023 Newshound Guru Clare Article: "What is meant by currency float? What are its advantages and disadvantages?” Quote: "There are millions of traders around the world buying and selling currencies...The basis of the currency floating system is supply and demand. If the supply is greater than the demand, the value of the currency will decrease. On the contrary, if the demand is greater than the supply, its value will increase..."
1-2-2023 Guest Guru yada ...The mechanism is in place in and outside of Iraq. The dinar is not pegged to the dollar and for the past 15 days or so, it has been adjusting to home in on pairing with the other currencies in the basket. The people will have to use dinar to make their exchanges on their apps and the rest of the world will be using dinar for their contracts. No more having to convert to dollar to buy/sell, straight dinar/dong, dinar/yuan, dinar/pound, dinar with any other contract they've established.
1-1-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
1-1-2023 Intel Guru Frank26 Question: "Would $3.44 be where the float starts or would that be where it's capped?" That would be the capping. That would be the Real Effective Exchange Rate...you don't want it to go to far past the other middle eastern countries...Question: "So the maximum rate will be $3.44 when we should 'fold'm'? Don't put me in that position. I can't tell you when to hold'm and when to fold'm...
1-1-2023 Newshound Guru Pimpy I can see there's a whole new wave of new people coming into the investment of the Iraqi dinar. I can tell whenever there's a new wave because I get asked the same questions and when I give the answers and they don't like it it's because they've heard some rumors or heard somebody else's narrative and mine did not line up...everybody's swearing up and down that the Iraqi dinar is going to revalue to $3.22...that's not going to happen.
1-1-2023 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-1-2023 Newshound Guru Militia Man The Ministerial Council of Economies is a new group that has been activated to support Iraq in the process of economic and monetary reforms in the last phase that they are in now...This is a new ministry...it is nothing but phenomenal for the Iraqi citizens and us by extension.
1-1-2023 Guest Guru yada There was an article about a week ago, basically stating, "the rise in the exchange rate is a temporary situation that came after internal and external effects of applying international standards." Application of the international standards is the set up for the float to be released internationally. We were told the beginning of December to expect a good Christmas, meaning rate change but this process didn't get started until the 24th. We are seeing this come to us like a freight train with the float first.
1-1-2023 Newshound/Intel Guru Walkingstick [via Frank26] The Iraqi dinar has not gone up in value for many decades because it was not being respected with its exchange rate. It could very well jump into the Middle East basket at 1460 but that is not the CBI's goal. The goal is to de-dollarize and that is the uncertainty/unknown of these positions of the monetary reform right now. Where are they in the budget? Where are they in the exchange rate? Where are they with the new small category notes? Will the Iraqi dinar go into the basket at a program rate or at least at a 1 to 1 rate with the American dollar?
1-1-2023 Newshound Guru Clare Article: "After a rapid collapse of the Iranian currency.. the resignation of the head of the Central Bank of Iran" Quote: "Days after the historic collapse of the Iranian currency in the markets, the head of the Central Bank of Iran, Ali Saleh Abadi, resigned from his post..."
1-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Late January Iraqi citizens have been told they will be able to buy US stocks or any other stock in the world in our market. This screams some type of international. FRANK: That is correct. You will be able to buy currency outside your borders because the international world will be able to buy your currency outside of your borders also. And as it travels outside in a float it will gain value, security and stability. I pray to God they take it up to at least $3.22 maybe even as high as $4.25 but it's up to the agreements they made with Kuwait and the IMF.
1-1-2023 Newshound Guru Pimpy As in 2022 I would say about 2023...Al-Kazemi got Iraq back on track with reform papers despite all the obstacles and the lack of support. Al-Sudani appears to have the support necessary to continue these reforms. That's what we hope happens. We're going to find out just how much corruption is involved with Al-Sudani here very shortly and we're going to find out if all of a sudden Sadr jumps back on the scene and starts making waves and we go through another wave of protests which is not what we want...My guess is we're going to see a real clear picture about everything the first 3 months going into 2023...
1-1-2023 Intel Guru MarkZ [via PDK] More news in Iraq that they are stabilizing. “Central Bank continues measures to control the dollar exchange rate” I find it interesting they are issuing a dollar card worth $10,000 dollars …in other words they are not going to charge any spread if you turn in your dinar for a prepaid debit card. Why is this important? It will allow them to take advantage of this manipulated exchange crisis and get more dinar off the street over the next day or two…I think this is their last “hail Mary” to restrict the supply of dinar...just my thoughts.
1-1-2023 Intel Guru Frank26 Question: "Would $3.44 be where the float starts or would that be where it's capped?" That would be the capping. That would be the Real Effective Exchange Rate...you don't want it to go to far past the other middle eastern countries...Question: "So the maximum rate will be $3.44 when we should 'fold'm'? Don't put me in that position. I can't tell you when to hold'm and when to fold'm...
1-1-2023 Newshound Guru Pimpy I can see there's a whole new wave of new people coming into the investment of the Iraqi dinar. I can tell whenever there's a new wave because I get asked the same questions and when I give the answers and they don't like it it's because they've heard some rumors or heard somebody else's narrative and mine did not line up...everybody's swearing up and down that the Iraqi dinar is going to revalue to $3.22...that's not going to happen.
1-1-2023 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
1-1-2023 Newshound Guru Militia Man The Ministerial Council of Economies is a new group that has been activated to support Iraq in the process of economic and monetary reforms in the last phase that they are in now...This is a new ministry...it is nothing but phenomenal for the Iraqi citizens and us by extension.
1-1-2023 Guest Guru yada There was an article about a week ago, basically stating, "the rise in the exchange rate is a temporary situation that came after internal and external effects of applying international standards." Application of the international standards is the set up for the float to be released internationally. We were told the beginning of December to expect a good Christmas, meaning rate change but this process didn't get started until the 24th. We are seeing this come to us like a freight train with the float first.
1-1-2023 Newshound/Intel Guru Walkingstick [via Frank26] The Iraqi dinar has not gone up in value for many decades because it was not being respected with its exchange rate. It could very well jump into the Middle East basket at 1460 but that is not the CBI's goal. The goal is to de-dollarize and that is the uncertainty/unknown of these positions of the monetary reform right now. Where are they in the budget? Where are they in the exchange rate? Where are they with the new small category notes? Will the Iraqi dinar go into the basket at a program rate or at least at a 1 to 1 rate with the American dollar?
1-1-2023 Newshound Guru Clare Article: "After a rapid collapse of the Iranian currency.. the resignation of the head of the Central Bank of Iran" Quote: "Days after the historic collapse of the Iranian currency in the markets, the head of the Central Bank of Iran, Ali Saleh Abadi, resigned from his post..."
1-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Late January Iraqi citizens have been told they will be able to buy US stocks or any other stock in the world in our market. This screams some type of international. FRANK: That is correct. You will be able to buy currency outside your borders because the international world will be able to buy your currency outside of your borders also. And as it travels outside in a float it will gain value, security and stability. I pray to God they take it up to at least $3.22 maybe even as high as $4.25 but it's up to the agreements they made with Kuwait and the IMF.
1-1-2023 Newshound Guru Pimpy As in 2022 I would say about 2023...Al-Kazemi got Iraq back on track with reform papers despite all the obstacles and the lack of support. Al-Sudani appears to have the support necessary to continue these reforms. That's what we hope happens. We're going to find out just how much corruption is involved with Al-Sudani here very shortly and we're going to find out if all of a sudden Sadr jumps back on the scene and starts making waves and we go through another wave of protests which is not what we want...My guess is we're going to see a real clear picture about everything the first 3 months going into 2023...
1-1-2023 Intel Guru MarkZ [via PDK] More news in Iraq that they are stabilizing. “Central Bank continues measures to control the dollar exchange rate” I find it interesting they are issuing a dollar card worth $10,000 dollars …in other words they are not going to charge any spread if you turn in your dinar for a prepaid debit card. Why is this important? It will allow them to take advantage of this manipulated exchange crisis and get more dinar off the street over the next day or two…I think this is their last “hail Mary” to restrict the supply of dinar...just my thoughts.
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12-31-2022 Intel Guru Frank26 Question "Do you think all currencies in the basket will go all at once?" No. Absolutely not. Notice no body talks about the GCR...theres no such thing. It's mathematically impossible...
12-31-2022 Intel Guru MarkZ [via PDK] [Guru] Sheila said yesterday (...currency contact) said “I am very upbeat, I am expecting notifications before the end of the year or this weekend.” So she is hearing great things as well. She is as excited as I am right now.
12-31-2022 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-31-2022 Newshound Guru Clare Article: "The volume of trade exchange between China and the Arab countries amounted to 300 billion dollars” WHAT WE ARE WITNESSING IS HISTORIC!...THAT IS A LOT OF MONEY AND A HUGE "SHIFT" IS TAKING PLACE RIGHT BEFORE OUR EYES!
12-31-2022 Intel Guru Frank26 Human greed, gluttony...kicks in because the horns of Satan cause you to think that way. Don't give your dinars to anybody else that is promising you more than what is legal. Any bank can only give you the rate the CBI is a part of. "Oh, but I belong to the humanitarian project and they are going to give me more". How is that possible? You can't get blood out of a turnip...Don't let these people do this to you. They want your dinars... [Post 2 of 2]
12-31-2022 Intel Guru Frank26 Don't give them [Your dinars] to anybody. There are many demons of Satan out there... Ring-a-ding-ding - Hello? 'You got dinars? I tell you what, we belong to a humanitarian project. It's with the United Nations. Oh, yeah it's good people. What we're going to do is give $5 for every dinar. Yeah! Not what the CBI is going to give. So send me your dinars and we'll hold them here in our vault and when it happens we'll take good care of you. Yeah, we're going to send you documents. Yeah, we'll sign a piece of paper saying we have your dinars. You're going to get a lot more than everybody else.' [Post 1 of 2....stay tuned]
12-31-2022 Intel Guru MarkZ [via PDK] Crazy chatter on the banking side that they are going to release over this weekend...remember we have been here before with this excitement. I can tell you that the number of sources looking for it over this long weekend continues to grow… The chatter is phenomenal that we will start redemptions on the 2nd or 3rd…. We hope this is right and not another “Boy crying Wolf”. Pray this is it.
I believe 2023 is going to be awesome.
12-31-2022 Newshound Guru Pimpy Article: "Sudanese advisor explains about (fluctuations) the exchange rate of the dollar" The paragraph caught my attention... "The collection of foreign currency is increasing to meet the requirements of foreign trade and is achieved immediately." It looks like Iraq is close to stepping on the international scene and playing a much bigger role here sooner than later, which is exactly what we want. But it doesn't help that Iraq has to finish with infrastructure, help build up the private and public sectors and get away from relying so much on oil...they appear to be on track...
12-31-2022 Intel Guru Bruce [via WiserNow] ...we've got four basic confirmations that they are going to roll for us on Tuesday, which is the third of January with our notifications coming either Monday in the afternoon or Tuesday before noon. ...I'm excited. I'm excited because I could see that there's light at the end of the tunnel...I see really strong things for us coming very soon. I am excited about the timing of this...
12-31-2022 Newshound/Intel Guru Mnt Goat Article: "WHAT IS MEANT BY CURRENCY FLOAT? WHAT ARE ITS ADVANTAGES AND DISADVANTAGES?" This article is a VERY GOOD lesson in what it means to FLOAT a currency. ...they can’t float the dinar in the program rate with the currency auctions and must reinstate it to the global markets. Mainly it’s because hint hint…to float you need access to the markets and traders. This will be when we go the bank to exchange...floating the IQD on FOREX can solve much of the issues with the dinar monetary policy in Iraq. This once again proves the move to FOREX should have happened a decade ago when Dr Shabibi, then the CBI director, lined up the dinar to go to FOREX in January 2013...I ask, why now publish such an article?
12-31-2022 Intel Guru Frank26 Question "Do you think all currencies in the basket will go all at once?" No. Absolutely not. Notice no body talks about the GCR...theres no such thing. It's mathematically impossible...
12-31-2022 Intel Guru MarkZ [via PDK] [Guru] Sheila said yesterday (...currency contact) said “I am very upbeat, I am expecting notifications before the end of the year or this weekend.” So she is hearing great things as well. She is as excited as I am right now.
12-31-2022 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-31-2022 Newshound Guru Clare Article: "The volume of trade exchange between China and the Arab countries amounted to 300 billion dollars” WHAT WE ARE WITNESSING IS HISTORIC!...THAT IS A LOT OF MONEY AND A HUGE "SHIFT" IS TAKING PLACE RIGHT BEFORE OUR EYES!
12-31-2022 Intel Guru Frank26 Human greed, gluttony...kicks in because the horns of Satan cause you to think that way. Don't give your dinars to anybody else that is promising you more than what is legal. Any bank can only give you the rate the CBI is a part of. "Oh, but I belong to the humanitarian project and they are going to give me more". How is that possible? You can't get blood out of a turnip...Don't let these people do this to you. They want your dinars... [Post 2 of 2]
12-31-2022 Intel Guru Frank26 Don't give them [Your dinars] to anybody. There are many demons of Satan out there... Ring-a-ding-ding - Hello? 'You got dinars? I tell you what, we belong to a humanitarian project. It's with the United Nations. Oh, yeah it's good people. What we're going to do is give $5 for every dinar. Yeah! Not what the CBI is going to give. So send me your dinars and we'll hold them here in our vault and when it happens we'll take good care of you. Yeah, we're going to send you documents. Yeah, we'll sign a piece of paper saying we have your dinars. You're going to get a lot more than everybody else.' [Post 1 of 2....stay tuned]
12-31-2022 Intel Guru MarkZ [via PDK] Crazy chatter on the banking side that they are going to release over this weekend...remember we have been here before with this excitement. I can tell you that the number of sources looking for it over this long weekend continues to grow… The chatter is phenomenal that we will start redemptions on the 2nd or 3rd…. We hope this is right and not another “Boy crying Wolf”. Pray this is it.
I believe 2023 is going to be awesome.
12-31-2022 Newshound Guru Pimpy Article: "Sudanese advisor explains about (fluctuations) the exchange rate of the dollar" The paragraph caught my attention... "The collection of foreign currency is increasing to meet the requirements of foreign trade and is achieved immediately." It looks like Iraq is close to stepping on the international scene and playing a much bigger role here sooner than later, which is exactly what we want. But it doesn't help that Iraq has to finish with infrastructure, help build up the private and public sectors and get away from relying so much on oil...they appear to be on track...
12-31-2022 Intel Guru Bruce [via WiserNow] ...we've got four basic confirmations that they are going to roll for us on Tuesday, which is the third of January with our notifications coming either Monday in the afternoon or Tuesday before noon. ...I'm excited. I'm excited because I could see that there's light at the end of the tunnel...I see really strong things for us coming very soon. I am excited about the timing of this...
12-31-2022 Newshound/Intel Guru Mnt Goat Article: "WHAT IS MEANT BY CURRENCY FLOAT? WHAT ARE ITS ADVANTAGES AND DISADVANTAGES?" This article is a VERY GOOD lesson in what it means to FLOAT a currency. ...they can’t float the dinar in the program rate with the currency auctions and must reinstate it to the global markets. Mainly it’s because hint hint…to float you need access to the markets and traders. This will be when we go the bank to exchange...floating the IQD on FOREX can solve much of the issues with the dinar monetary policy in Iraq. This once again proves the move to FOREX should have happened a decade ago when Dr Shabibi, then the CBI director, lined up the dinar to go to FOREX in January 2013...I ask, why now publish such an article?
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12-30-2022 Intel Guru Frank26 "FROM HOT POTATOES TO HOT TAMALES THE EXCHANGE RATE IS MUY CALIENTE!!!"...
12-30-2022 Newshound Guru Pimpy The medium age in Iraq is 21. What that means is the age where half the people are above it and half the people below it. That's the halfway part which is good because half the population is right at that working age. Other countries would be interested in investing into Iraq because there's a lot of potential there... 21 years is pretty young and that is the halfway mark.
12-30-2022 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-30-2022 Intel Guru Frank26 Question: "Anything on the Dong?" I don't believe the dong is ready. I believe it will go in a basket first. But I believe the Iraqi dinar has priority.
12-30-2022 Newshound Guru Paulette IMSO, the rate will have to apply to both new and old currency as the CBI has stated the 3 000's will coexist with the NSCN's for at least two years and upwards of ten years. A few weeks back, the CBI again stated that they are not going to remove any currency denominations when they unveil the 20,000...I hope I am right as the release of the 20 absent a 20,000 is another indication that the new rate will directly apply to all.
12-30-2022 Intel Guru RayRen Community comment: "WAIT...CITIBANK IS SELLING DINAR AT 600 + PER MIL. IS THAT WHAT THEY ARE DOING." YES.
12-30-2022 Newshound Guru Militia Man The move by the US Federal Reserve Bank has their [Iraq's] attention...What the USFED did was to put a fire under the bus with them in it. The reduction in the dollar sales has had a huge impact on what we are witnessing. The USFED told us they are not backing down. The CBI is obliged to meet their requirements now...We have heard there is an urgency to get this over the line. I am fairly sure the fire is stoked enough to do so.. imo This is good.
12-30-2022 Newshound/Intel Guru Mnt Goat As we end 2022 the news is heating up over what to do with the Iraqi dinar and save Iraq. We have been reading articles for over a year now on how to fix it and increase the purchasing power of the dinar. But the CBI had other plans in the White Paper and they needed to reach historic levels of reserves in order to make their next move. Yes, there is some pain the process but better to suffer a little now and then later celebrate when the prosperity and abundance comes.
12-30-2022 Newshound Guru Clare Article: "Fixing the dollar and oil in the 2023 budget and the truth about US sanctions.. "Sami's Spectrum" reveals the details" Quote: "The price of a barrel of oil, which has been set so far in the general budget, amounted to 65 dollars...while the dollar exchange rate has been fixed at 1450."
12-30-2022 Newshound Guru Kaperoni A float is what's going to happen with the Iraqi dinar but it cannot happen until Iraq creates a private sector to diversify away from oil. It's going to take the passage of over 100 stalled laws, foreign investment and the diversification of their economy before they can float.
12-30-2022 Intel Guru Frank26 Article: "Documents .. The Iraqi finance stops appointments, transfers and bonuses until the approval of the 2023 budget" FROM CITIZEN'S BANK ACCOUNTS TO THE GOI 2023 BUDGET... EVERYTHING IS FROZEN WAITING FOR THE NEW EXCHANGE RATE... BECAUSE THE EXCHANGE RATE WAITS FOR NO ONE.
12-30-2022 Intel Guru MarkZ [via PDK] ...Still hearing everywhere from... us in the banks on the 2nd…to us in the banks by the 14th…we just know its close. We know they are moving forward quickly…
12-30-2022 Newshound Guru Sandy Ingram In 2004 the CBI set up the foreign currency auctions as a way to control the rate on the black market. Now we understand it is the black market that has control and the Iraqi people are not concerned with what the CBI is doing. They're only concerned with the black market...
12-30-2022 Newshound Guru Pimpy Iraq is still struggling to do what is necessary to stabilize the exchange rate...
12-30-2022 Intel Guru Frank26 Article: "Urgent.. Governor of the Central Bank of Sudan: The foreign currency crisis is urgent for technical reasons" THE MIDDLE EASTERN CURRENCIES THAT WILL BE IN A BASKET SOON ARE DEPENDING HEAVILY ON THE IQD TO GAIN POWER TO LEAD THEM.
12-30-2022 Newshound Guru Militia Man The UST has Iraq's CBI in a position to make a exchange rate change, imo.. They are likely at a point now there is no looking back in not doing so. Show time? It looks that way. There were meetings today with the CBI Governor.
12-30-2022 Intel Guru Frank26 "FROM HOT POTATOES TO HOT TAMALES THE EXCHANGE RATE IS MUY CALIENTE!!!"...
12-30-2022 Newshound Guru Pimpy The medium age in Iraq is 21. What that means is the age where half the people are above it and half the people below it. That's the halfway part which is good because half the population is right at that working age. Other countries would be interested in investing into Iraq because there's a lot of potential there... 21 years is pretty young and that is the halfway mark.
12-30-2022 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-30-2022 Intel Guru Frank26 Question: "Anything on the Dong?" I don't believe the dong is ready. I believe it will go in a basket first. But I believe the Iraqi dinar has priority.
12-30-2022 Newshound Guru Paulette IMSO, the rate will have to apply to both new and old currency as the CBI has stated the 3 000's will coexist with the NSCN's for at least two years and upwards of ten years. A few weeks back, the CBI again stated that they are not going to remove any currency denominations when they unveil the 20,000...I hope I am right as the release of the 20 absent a 20,000 is another indication that the new rate will directly apply to all.
12-30-2022 Intel Guru RayRen Community comment: "WAIT...CITIBANK IS SELLING DINAR AT 600 + PER MIL. IS THAT WHAT THEY ARE DOING." YES.
12-30-2022 Newshound Guru Militia Man The move by the US Federal Reserve Bank has their [Iraq's] attention...What the USFED did was to put a fire under the bus with them in it. The reduction in the dollar sales has had a huge impact on what we are witnessing. The USFED told us they are not backing down. The CBI is obliged to meet their requirements now...We have heard there is an urgency to get this over the line. I am fairly sure the fire is stoked enough to do so.. imo This is good.
12-30-2022 Newshound/Intel Guru Mnt Goat As we end 2022 the news is heating up over what to do with the Iraqi dinar and save Iraq. We have been reading articles for over a year now on how to fix it and increase the purchasing power of the dinar. But the CBI had other plans in the White Paper and they needed to reach historic levels of reserves in order to make their next move. Yes, there is some pain the process but better to suffer a little now and then later celebrate when the prosperity and abundance comes.
12-30-2022 Newshound Guru Clare Article: "Fixing the dollar and oil in the 2023 budget and the truth about US sanctions.. "Sami's Spectrum" reveals the details" Quote: "The price of a barrel of oil, which has been set so far in the general budget, amounted to 65 dollars...while the dollar exchange rate has been fixed at 1450."
12-30-2022 Newshound Guru Kaperoni A float is what's going to happen with the Iraqi dinar but it cannot happen until Iraq creates a private sector to diversify away from oil. It's going to take the passage of over 100 stalled laws, foreign investment and the diversification of their economy before they can float.
12-30-2022 Intel Guru Frank26 Article: "Documents .. The Iraqi finance stops appointments, transfers and bonuses until the approval of the 2023 budget" FROM CITIZEN'S BANK ACCOUNTS TO THE GOI 2023 BUDGET... EVERYTHING IS FROZEN WAITING FOR THE NEW EXCHANGE RATE... BECAUSE THE EXCHANGE RATE WAITS FOR NO ONE.
12-30-2022 Intel Guru MarkZ [via PDK] ...Still hearing everywhere from... us in the banks on the 2nd…to us in the banks by the 14th…we just know its close. We know they are moving forward quickly…
12-30-2022 Newshound Guru Sandy Ingram In 2004 the CBI set up the foreign currency auctions as a way to control the rate on the black market. Now we understand it is the black market that has control and the Iraqi people are not concerned with what the CBI is doing. They're only concerned with the black market...
12-30-2022 Newshound Guru Pimpy Iraq is still struggling to do what is necessary to stabilize the exchange rate...
12-30-2022 Intel Guru Frank26 Article: "Urgent.. Governor of the Central Bank of Sudan: The foreign currency crisis is urgent for technical reasons" THE MIDDLE EASTERN CURRENCIES THAT WILL BE IN A BASKET SOON ARE DEPENDING HEAVILY ON THE IQD TO GAIN POWER TO LEAD THEM.
12-30-2022 Newshound Guru Militia Man The UST has Iraq's CBI in a position to make a exchange rate change, imo.. They are likely at a point now there is no looking back in not doing so. Show time? It looks that way. There were meetings today with the CBI Governor.
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12-29-2022 Newshound Guru Pimpy The country [Iraq] does have a lot of Iraqi dinar out there - something in the neighborhood of 157 trillion dinars ...What they're doing is allowing Iraqi people to buy U.S. dollars...that allows the Iraqi government and the central bank to buy up a lot of the local currency and destroy it/get it out of circulation. Think supply and demand. The less there are available of the Iraqi dinar the more valuable it becomes.
12-29-2022 Intel Guru Frank26 Article: "Decline of the dollar in Iraq" I thought it was an increase in the dollar in Iraq?! So which is it? ...NOTICE THE 2%-3% PLUS OR MINUS FLUCTUATION... AND THAT'S BECAUSE IT IS DEPEGGING FROM THE USD. Today it went the other way. It fluctuated with the American dollar going down against the Iraqi dinar. Where as before it was going up against the Iraqi dinar, which is what we don't want. The management of the exchange rate crisis by the Central Bank of Iraq is being well taken care of...IMO you will see this downward trend until the Iraqi dinar floats.
12-29-2022 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 1 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-29-2022 Intel Guru MarkZ [via PDK] [Is the 80 trillion dinar in circulation a problem?] Not really…They have been busy buying much of the dinar out of circulation…left and right. Dr. Shabibi did the math some time ago when even more dinar was in circulation and he justified a really high revaluation price…. So based on what the man who designed the Iraqi RV…It is not an issue. A lot of dinar in circulation is what you and I are holding and it will be traded for oil with the “Oil for Dinar “contract.
12-29-2022 Newshound/Intel Guru Walkingstick [via Frank26] The CBI is poised/positioning its bank, currency and exchange rate to go into an international float. Yes it can float at a program rate but the supply and demand is what will drive the value of the IQD upward.
12-29-2022 Newshound Guru Militia Man Article: "A government source reveals through “Al-Ahed News” that the US is black mailing Iraq over the dollar" Quote: "...manipulation of prices and the Iraqi market is for political reasons, the most prominent of which is the attempt to thwart the Sudanese government, which was intending to reduce the dollar during the next stage." Why is the Dollar rising in value in Iraq and not the Dinar? Is it a supply and demand issue with the Dollar for nefarious reasons? Is there a group(s) that have an interest in obtaining dollars outside of UST sanctions? Fairly sure if anyone goes to the UST website and signs up for emails, they can see that there is...
12-29-2022 Newshound Guru Samson Article: "Disclosure of US sanctions that will affect 14 new Iraqi banks" Quote: "...there is no need to worry about the dollar's rise, because it is just speculation...Some banks are unable to deal with the electronic platform, adding that, the central bank's policy of dealing with the dollar crisis has been wise so far."
12-29-2022 Newshound Guru Pimpy Al-Kazemi had a great plan. He had a white paper. He was implementing it. When Al-Sudani got in there I thought for sure they were going to tear up those white papers and go right back to the corruption we had before. It doesn't look like that's happening. It looks like Al-Sudani is following the groundwork laid out be Al-Kazemi...
12-29-2022 Intel Guru Frank26 Article: "After years of delay and disagreement, an agreement was reached by the "majority" to pass the oil and gas law" Once in a blue moon there is an article that stops traffic. This stopped traffic on a one way street! ...the moment you see the HCL, nanoseconds after that you'll see the new exchange rate. Have I changed that statement? No...wow. Wow. WOW! ...this is an amazing article...
12-29-2022 Intel Guru MarkZ [via PDK] ...I am still hearing great things that this will be our last few days…and our last “poor weekend” None of us know for certain but the chatter is exceptionally good….
12-29-2022 Newshound Guru Sandy Ingram Article: "Iraqi dinar trembles as US fights currency flow to Iran" Major major concern over currency in Iraq or the lack of U.S. dollar currency. The U.S. has taken steps to stop the flow of U.S. dollars into Iran. As a result the value for the Iraqi dinar on the black market is trembling...the rate on the CBI market is around 1470 IQD to 1 USD but on the black market the rate has gone up to approximately 1550 IQD to 1 USD. What we're learning is the black market is what the Iraqi people react to...
12-29-2022 Newshound Guru Pimpy I'm reading more and more articles that Iraq is struggling with the exchange rate between the U.S. dollar and Iraqi dinar...People don't know this...but the United States has a right to interfere in International markets as it deems necessary to control the markets around the world. When I read this as part of the Federal Reserve's job it blew my mind. I didn't realize how much power the Federal Reserve had.
12-29-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: [His bank friend says] It's really close. He says they're just ironing out the final issues. He thinks when we see the HCL then the budget will appear to the parliament. Or if the budget goes first it will not be approved until the HCL is approved and implemented. FRANK: Either way I agree 100% on every direction/option he gave...yes it is very close...I believe you'll see a combination of 3 things. The budget, new exchange rate and the HCL all together at once...bring them together at the beginning of the year.
12-29-2022 Intel Guru MarkZ [via PDK] Some chatter...from a number of the large groups...They are telling us it should start this week but it won’t be until Jan 2nd for us to be in the banks. This is because of how the rollout is expected to happen…That is the chatter...I pray this is accurate. The chatter is unreal right now. The number of sources I have heard this from has been nuts... They are expecting us to actually be starting into the banks on the 2nd or 3rd at the absolute latest…now we have to see if it happens or not...we are seeing many things coming together at one time.
12-29-2022 Newshound/Intel Guru Mnt Goat We are told in an article...that the budget will be in parliament ready for review and vote in two weeks. ...That pushes it to early January 2023 to begin the voting process. ...So, sit back and hang on. The news is about to get really good….
12-29-2022 Newshound Guru Pimpy The country [Iraq] does have a lot of Iraqi dinar out there - something in the neighborhood of 157 trillion dinars ...What they're doing is allowing Iraqi people to buy U.S. dollars...that allows the Iraqi government and the central bank to buy up a lot of the local currency and destroy it/get it out of circulation. Think supply and demand. The less there are available of the Iraqi dinar the more valuable it becomes.
12-29-2022 Intel Guru Frank26 Article: "Decline of the dollar in Iraq" I thought it was an increase in the dollar in Iraq?! So which is it? ...NOTICE THE 2%-3% PLUS OR MINUS FLUCTUATION... AND THAT'S BECAUSE IT IS DEPEGGING FROM THE USD. Today it went the other way. It fluctuated with the American dollar going down against the Iraqi dinar. Where as before it was going up against the Iraqi dinar, which is what we don't want. The management of the exchange rate crisis by the Central Bank of Iraq is being well taken care of...IMO you will see this downward trend until the Iraqi dinar floats.
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12-29-2022 Intel Guru MarkZ [via PDK] [Is the 80 trillion dinar in circulation a problem?] Not really…They have been busy buying much of the dinar out of circulation…left and right. Dr. Shabibi did the math some time ago when even more dinar was in circulation and he justified a really high revaluation price…. So based on what the man who designed the Iraqi RV…It is not an issue. A lot of dinar in circulation is what you and I are holding and it will be traded for oil with the “Oil for Dinar “contract.
12-29-2022 Newshound/Intel Guru Walkingstick [via Frank26] The CBI is poised/positioning its bank, currency and exchange rate to go into an international float. Yes it can float at a program rate but the supply and demand is what will drive the value of the IQD upward.
12-29-2022 Newshound Guru Militia Man Article: "A government source reveals through “Al-Ahed News” that the US is black mailing Iraq over the dollar" Quote: "...manipulation of prices and the Iraqi market is for political reasons, the most prominent of which is the attempt to thwart the Sudanese government, which was intending to reduce the dollar during the next stage." Why is the Dollar rising in value in Iraq and not the Dinar? Is it a supply and demand issue with the Dollar for nefarious reasons? Is there a group(s) that have an interest in obtaining dollars outside of UST sanctions? Fairly sure if anyone goes to the UST website and signs up for emails, they can see that there is...
12-29-2022 Newshound Guru Samson Article: "Disclosure of US sanctions that will affect 14 new Iraqi banks" Quote: "...there is no need to worry about the dollar's rise, because it is just speculation...Some banks are unable to deal with the electronic platform, adding that, the central bank's policy of dealing with the dollar crisis has been wise so far."
12-29-2022 Newshound Guru Pimpy Al-Kazemi had a great plan. He had a white paper. He was implementing it. When Al-Sudani got in there I thought for sure they were going to tear up those white papers and go right back to the corruption we had before. It doesn't look like that's happening. It looks like Al-Sudani is following the groundwork laid out be Al-Kazemi...
12-29-2022 Intel Guru Frank26 Article: "After years of delay and disagreement, an agreement was reached by the "majority" to pass the oil and gas law" Once in a blue moon there is an article that stops traffic. This stopped traffic on a one way street! ...the moment you see the HCL, nanoseconds after that you'll see the new exchange rate. Have I changed that statement? No...wow. Wow. WOW! ...this is an amazing article...
12-29-2022 Intel Guru MarkZ [via PDK] ...I am still hearing great things that this will be our last few days…and our last “poor weekend” None of us know for certain but the chatter is exceptionally good….
12-29-2022 Newshound Guru Sandy Ingram Article: "Iraqi dinar trembles as US fights currency flow to Iran" Major major concern over currency in Iraq or the lack of U.S. dollar currency. The U.S. has taken steps to stop the flow of U.S. dollars into Iran. As a result the value for the Iraqi dinar on the black market is trembling...the rate on the CBI market is around 1470 IQD to 1 USD but on the black market the rate has gone up to approximately 1550 IQD to 1 USD. What we're learning is the black market is what the Iraqi people react to...
12-29-2022 Newshound Guru Pimpy I'm reading more and more articles that Iraq is struggling with the exchange rate between the U.S. dollar and Iraqi dinar...People don't know this...but the United States has a right to interfere in International markets as it deems necessary to control the markets around the world. When I read this as part of the Federal Reserve's job it blew my mind. I didn't realize how much power the Federal Reserve had.
12-29-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: [His bank friend says] It's really close. He says they're just ironing out the final issues. He thinks when we see the HCL then the budget will appear to the parliament. Or if the budget goes first it will not be approved until the HCL is approved and implemented. FRANK: Either way I agree 100% on every direction/option he gave...yes it is very close...I believe you'll see a combination of 3 things. The budget, new exchange rate and the HCL all together at once...bring them together at the beginning of the year.
12-29-2022 Intel Guru MarkZ [via PDK] Some chatter...from a number of the large groups...They are telling us it should start this week but it won’t be until Jan 2nd for us to be in the banks. This is because of how the rollout is expected to happen…That is the chatter...I pray this is accurate. The chatter is unreal right now. The number of sources I have heard this from has been nuts... They are expecting us to actually be starting into the banks on the 2nd or 3rd at the absolute latest…now we have to see if it happens or not...we are seeing many things coming together at one time.
12-29-2022 Newshound/Intel Guru Mnt Goat We are told in an article...that the budget will be in parliament ready for review and vote in two weeks. ...That pushes it to early January 2023 to begin the voting process. ...So, sit back and hang on. The news is about to get really good….
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12-28-2022 Newshound Guru Pimpy Articles are trying to tell people the exchange rate is not going to change over the next couple of years. Now, does that mean something won't happen to cause that to happen earlier than later? Of course anything is possible. But this is what they're saying for now.
12-28-2022 Newshound Guru Clare Article "Central Bank Governor: The measures taken will contribute to achieving monetary stability" Quote “Wednesday, an emergency session of the Ministerial Council of Economy....The session was attended by the Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, who reviewed the measures taken by the bank’s administration to control monetary policy, and limit the rise in the exchange rate of the dollar in the local markets.”
12-28-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-28-2022 Intel Guru Frank26 Wells Fargo got in trouble with me [years ago]...they sold me the Iraqi dinar. Then a few months later I went back to Wells Fargo and I said I'd like to buy some more Iraqi dinars and they told me 'it's a scam. It's illegal.' Well then let me talk to your legal department. 'What for?' Because look at this receipt. I just bought some dinars from Wells Fargo last month and now you're telling me it's a scam. So you scammed me? 'Oh, we don't know anything.' Of course you don't...it's my personal story...
12-28-2022 Newshound Guru Paulette Iraq's CBI has clearly told us their plans to Re-denominate their currency including adding denominations all the way to 25 Fils (1/40th of an IQD). This logically requires a change in rate. As long as that new rate directly applies to the current notes, we will have the windfall we all hope for.
12-28-2022 Newshound Guru Henig Article: "Economist: Central Bank policy failed and printed 40 trillion dinars of a new category" Quote: "He stressed that the strategic vision of monetary policy is wrong, and the Central Bank has printed 40 trillion dinars of the new paper currency of the category of 20 thousand dinars."
12-28-2022 Intel Guru MarkZ [via PDK] “Iraqi Finance stops appointments /transfers and bonuses until the approval of the 2023 budget” They don’t want to let dinar out of their sight for some reason until the final approval of the 2023 budget. This is very interesting time. Why would they freeze this…Will it soon be worth more money? So they won’t spend more dinar….but they will spend USD…..i think this is a tell tale sign.
12-28-2022 Newshound/Intel Guru Walkingstick [via Frank26] It is the uncertainly that is driving the US exchange rate to change in Iraq right now. It's all new to the Iraqi citizens...that uncertainty is what's causing a fluctuation...
12-28-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend...agrees what we are seeing right now with the dinar prices moving up and then back down is the CBI actually doing a float now preparing for what is about to take place. FRANK: This is powerful...
12-28-2022 Newshound Guru Sandy Ingram Why the IQD/USD exchange rate matters to people in Iraq - Iraqis who are paid in dollars have more purchasing power...people paid in dinars have less purchasing power since imports and exports are paid in dollars (including oil revenue)...the new prime minister of Iraq says he wants to increase the value of the Iraqi dinar...
12-28-2022 Newshound Guru Pimpy Right now in Iraq the major news is...what the markets are determining is the value of the IQD versus the U.S. dollar. The IQD continues to lose value...this is why we saw some banks start allowing the Iraqi citizens to purchase dollars...I think I know what it is Iraq's trying to do. They're trying to purchase as many of the Iraqi dinars as possible to destroy them. You have less currency in circulation. Think supply and demand. The less you have of something that people want the more demand there is for it, the more valuable it becomes.
12-28-2022 Intel Guru MarkZ [via PDK] “USD/IQD Rate drops in Baghdad/Erbil” starting to stabilize. This is from this morning. And will be allowing a float. This tells us we are very close to our full release. We were told a long time ago to expect this…and we are seeing it.
12-28-2022 Newshound Guru Clare Article: "After years of delay and disagreement, an agreement was reached by the "majority" to pass the oil and gas law" Quote: "there is a political agreement between all political blocs and parties to pass the oil and gas law because of its importance, with the start of the new legislative term of the House of Representatives."
12-28-2022 Intel Guru Frank26 Article: "The Central Bank of Iraq launches a package of measures to improve the performance of transactions related to the dollar" Notice all they talk about is the exchange rate...against the dollar. The CBI is saying very plainly/clearly they have improved the transactions related to the dollar...they are ready to move on the international level. This is huge...Are you catching the pattern? Do you see these articles...Do they all connect together like Lego sets? Do they all talk about one thing and one thing only? Exchange rate. Monetary reform. The budget. Yeah.
12-28-2022 Newshound Guru Pimpy Is the Iraqi dinar a real investment? Yes. Are they going to change the rate overnight? Anything is possible but highly unlikely. There are too many factors right now keeping that from happening but I do think they are going are going to go up in small increments. The first one is going to bring us back to the old rate and I'm not talking about the $3.22 for every one dinar. I'm talking about the 1190 dinars for every $1...
12-28-2022 Newshound Guru Pimpy Articles are trying to tell people the exchange rate is not going to change over the next couple of years. Now, does that mean something won't happen to cause that to happen earlier than later? Of course anything is possible. But this is what they're saying for now.
12-28-2022 Newshound Guru Clare Article "Central Bank Governor: The measures taken will contribute to achieving monetary stability" Quote “Wednesday, an emergency session of the Ministerial Council of Economy....The session was attended by the Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, who reviewed the measures taken by the bank’s administration to control monetary policy, and limit the rise in the exchange rate of the dollar in the local markets.”
12-28-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-28-2022 Intel Guru Frank26 Wells Fargo got in trouble with me [years ago]...they sold me the Iraqi dinar. Then a few months later I went back to Wells Fargo and I said I'd like to buy some more Iraqi dinars and they told me 'it's a scam. It's illegal.' Well then let me talk to your legal department. 'What for?' Because look at this receipt. I just bought some dinars from Wells Fargo last month and now you're telling me it's a scam. So you scammed me? 'Oh, we don't know anything.' Of course you don't...it's my personal story...
12-28-2022 Newshound Guru Paulette Iraq's CBI has clearly told us their plans to Re-denominate their currency including adding denominations all the way to 25 Fils (1/40th of an IQD). This logically requires a change in rate. As long as that new rate directly applies to the current notes, we will have the windfall we all hope for.
12-28-2022 Newshound Guru Henig Article: "Economist: Central Bank policy failed and printed 40 trillion dinars of a new category" Quote: "He stressed that the strategic vision of monetary policy is wrong, and the Central Bank has printed 40 trillion dinars of the new paper currency of the category of 20 thousand dinars."
12-28-2022 Intel Guru MarkZ [via PDK] “Iraqi Finance stops appointments /transfers and bonuses until the approval of the 2023 budget” They don’t want to let dinar out of their sight for some reason until the final approval of the 2023 budget. This is very interesting time. Why would they freeze this…Will it soon be worth more money? So they won’t spend more dinar….but they will spend USD…..i think this is a tell tale sign.
12-28-2022 Newshound/Intel Guru Walkingstick [via Frank26] It is the uncertainly that is driving the US exchange rate to change in Iraq right now. It's all new to the Iraqi citizens...that uncertainty is what's causing a fluctuation...
12-28-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend...agrees what we are seeing right now with the dinar prices moving up and then back down is the CBI actually doing a float now preparing for what is about to take place. FRANK: This is powerful...
12-28-2022 Newshound Guru Sandy Ingram Why the IQD/USD exchange rate matters to people in Iraq - Iraqis who are paid in dollars have more purchasing power...people paid in dinars have less purchasing power since imports and exports are paid in dollars (including oil revenue)...the new prime minister of Iraq says he wants to increase the value of the Iraqi dinar...
12-28-2022 Newshound Guru Pimpy Right now in Iraq the major news is...what the markets are determining is the value of the IQD versus the U.S. dollar. The IQD continues to lose value...this is why we saw some banks start allowing the Iraqi citizens to purchase dollars...I think I know what it is Iraq's trying to do. They're trying to purchase as many of the Iraqi dinars as possible to destroy them. You have less currency in circulation. Think supply and demand. The less you have of something that people want the more demand there is for it, the more valuable it becomes.
12-28-2022 Intel Guru MarkZ [via PDK] “USD/IQD Rate drops in Baghdad/Erbil” starting to stabilize. This is from this morning. And will be allowing a float. This tells us we are very close to our full release. We were told a long time ago to expect this…and we are seeing it.
12-28-2022 Newshound Guru Clare Article: "After years of delay and disagreement, an agreement was reached by the "majority" to pass the oil and gas law" Quote: "there is a political agreement between all political blocs and parties to pass the oil and gas law because of its importance, with the start of the new legislative term of the House of Representatives."
12-28-2022 Intel Guru Frank26 Article: "The Central Bank of Iraq launches a package of measures to improve the performance of transactions related to the dollar" Notice all they talk about is the exchange rate...against the dollar. The CBI is saying very plainly/clearly they have improved the transactions related to the dollar...they are ready to move on the international level. This is huge...Are you catching the pattern? Do you see these articles...Do they all connect together like Lego sets? Do they all talk about one thing and one thing only? Exchange rate. Monetary reform. The budget. Yeah.
12-28-2022 Newshound Guru Pimpy Is the Iraqi dinar a real investment? Yes. Are they going to change the rate overnight? Anything is possible but highly unlikely. There are too many factors right now keeping that from happening but I do think they are going are going to go up in small increments. The first one is going to bring us back to the old rate and I'm not talking about the $3.22 for every one dinar. I'm talking about the 1190 dinars for every $1...
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12-27-2022 Intel Guru MarkZ [via PDK] “Iraq’s Prime minister calls CBI to take firm steps regarding the exchange rate” The political pressure is starting in mass in Iraq between the mostly settled government pushing the CBI to make those changes..
12-27-2022 Intel Guru Frank26 Article: "The Iranian currency recorded the largest decline in its history" IT IS VERY IMPORTANT TO UNDERSTAND IRAN DESPERATELY NEEDS THE IQD AND BECAUSE THEY CANNOT STEAL IT ANYMORE THEIR DESPERATION IS MAGNIFIED!
12-27-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-27-2022 Newshound Guru Paulette It is an interesting dichotomy happening right now as not only did the banks stop buying as much USD but the money changers have also in spite of the rate being at its worst since I have followed. Why are the Money Changers reportedly being cautious with any purchases of USD when they could resell at a larger profit than they have been able to attain since the move to 1460. It is totally illogical unless they know that they don't want to be moving IQD to USD out of fear of being on the wrong side of an economic move by the CBI.
12-27-2022 Intel Guru MarkZ [via PDK] Painfully quiet today for those that...want the RV News...Crazy quiet, like the hours before a major storm...
12-27-2022 Newshound Guru Samson Article: "After years of delay and disagreement... an agreement by the "majority" to pass the Oil and Gas Law"
12-27-2022 Newshound Guru Clare Article: "MP Al-Qaisi: The government is able to rein in the dollar at any moment it wants" Quote: "With the hundred billions stacked in the Central Bank's accounts, and with the tons of gold stored in them; in addition to the treasury bonds in the US Federal Bank, controlling the market is subject to a government decision capable of curbing the dollar at any moment the government wants. He added, wondering: But when will you take this step!?"
12-27-2022 Intel Guru Frank26 Don't worry about the American dollar going up in value. It's because of the de-pegging of both currencies [dinar/dollar]. They will fluctuate. We are looking for the Iraqi dinar to float internationally and fluctuate...not inside your boarders. That is exactly what the CBI is setting up the dinar to do.
12-27-2022 Newshound Guru Sandy Ingram All this talk about revaluing the currency is only about taking the currency from 1500 IQD back 1150 IQD approximately to 1 US dollar. All this commotion does not include the revalue we are looking for. At least not yet.
12-27-2022 Intel Guru MarkZ [via PDK] “Al-Rafidain announces the suspension of withdrawals and deposits in savings accounts for citizens” Don’t Panic…this is just frozen until Jan 2…they claim its until they can end the books. I find the timing very interesting with what I am hearing they are going to attempt to release that new value in country before Jan 2nd. This is what we are looking for now….
12-27-2022 Newshound Guru Pimpy Article: "Central Bank: Measures to increase the dollar supply" The people in Iraq...have more confidence in the U.S. dollar than they do their own local currency...Right now what we're seeing is the U.S. dollar gaining in value over the Iraqi dinar which is not good, not good at all...now it's...1560 with no official rate change yet because the dollar is increasing in strength which I have no idea how. Their currency seems to be getting weaker.
12-27-2022 Intel Guru Frank26 I think it's important I say to you...the Iraqi dinar is not officially de-pegged from the American dollar yet (wink, wink, wink)...Iraq has still not been given Article VIII (wink, wink, wink)...the government is not officially formed yet (wink, wink, wink)...the calculation for the exchange rate is not in the new 2022 budget (wink, wink, wink)...
12-27-2022 Newshound/Intel Guru Mnt Goat Remember that January is the CBI’s most opportune time to change the rate of their currency to start off their new fiscal year. This is why they push also for getting the budget done by then. I am convinced this is now a factor too. Also we hear, as usual, that the latest HCL changes are going to be accepted and passed. ...This is all excellent news.
12-27-2022 Intel Guru Bruce [via WiserNow] There's no contract rate on dong...But there's a very good rate...way more than we thought the dong would support even years ago...47 cents on the dong for years...When you see what the real rate is on the dong...Pretty amazing...
12-27-2022 Intel Guru MarkZ [via PDK] “Iraq’s Prime minister calls CBI to take firm steps regarding the exchange rate” The political pressure is starting in mass in Iraq between the mostly settled government pushing the CBI to make those changes..
12-27-2022 Intel Guru Frank26 Article: "The Iranian currency recorded the largest decline in its history" IT IS VERY IMPORTANT TO UNDERSTAND IRAN DESPERATELY NEEDS THE IQD AND BECAUSE THEY CANNOT STEAL IT ANYMORE THEIR DESPERATION IS MAGNIFIED!
12-27-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-27-2022 Newshound Guru Paulette It is an interesting dichotomy happening right now as not only did the banks stop buying as much USD but the money changers have also in spite of the rate being at its worst since I have followed. Why are the Money Changers reportedly being cautious with any purchases of USD when they could resell at a larger profit than they have been able to attain since the move to 1460. It is totally illogical unless they know that they don't want to be moving IQD to USD out of fear of being on the wrong side of an economic move by the CBI.
12-27-2022 Intel Guru MarkZ [via PDK] Painfully quiet today for those that...want the RV News...Crazy quiet, like the hours before a major storm...
12-27-2022 Newshound Guru Samson Article: "After years of delay and disagreement... an agreement by the "majority" to pass the Oil and Gas Law"
12-27-2022 Newshound Guru Clare Article: "MP Al-Qaisi: The government is able to rein in the dollar at any moment it wants" Quote: "With the hundred billions stacked in the Central Bank's accounts, and with the tons of gold stored in them; in addition to the treasury bonds in the US Federal Bank, controlling the market is subject to a government decision capable of curbing the dollar at any moment the government wants. He added, wondering: But when will you take this step!?"
12-27-2022 Intel Guru Frank26 Don't worry about the American dollar going up in value. It's because of the de-pegging of both currencies [dinar/dollar]. They will fluctuate. We are looking for the Iraqi dinar to float internationally and fluctuate...not inside your boarders. That is exactly what the CBI is setting up the dinar to do.
12-27-2022 Newshound Guru Sandy Ingram All this talk about revaluing the currency is only about taking the currency from 1500 IQD back 1150 IQD approximately to 1 US dollar. All this commotion does not include the revalue we are looking for. At least not yet.
12-27-2022 Intel Guru MarkZ [via PDK] “Al-Rafidain announces the suspension of withdrawals and deposits in savings accounts for citizens” Don’t Panic…this is just frozen until Jan 2…they claim its until they can end the books. I find the timing very interesting with what I am hearing they are going to attempt to release that new value in country before Jan 2nd. This is what we are looking for now….
12-27-2022 Newshound Guru Pimpy Article: "Central Bank: Measures to increase the dollar supply" The people in Iraq...have more confidence in the U.S. dollar than they do their own local currency...Right now what we're seeing is the U.S. dollar gaining in value over the Iraqi dinar which is not good, not good at all...now it's...1560 with no official rate change yet because the dollar is increasing in strength which I have no idea how. Their currency seems to be getting weaker.
12-27-2022 Intel Guru Frank26 I think it's important I say to you...the Iraqi dinar is not officially de-pegged from the American dollar yet (wink, wink, wink)...Iraq has still not been given Article VIII (wink, wink, wink)...the government is not officially formed yet (wink, wink, wink)...the calculation for the exchange rate is not in the new 2022 budget (wink, wink, wink)...
12-27-2022 Newshound/Intel Guru Mnt Goat Remember that January is the CBI’s most opportune time to change the rate of their currency to start off their new fiscal year. This is why they push also for getting the budget done by then. I am convinced this is now a factor too. Also we hear, as usual, that the latest HCL changes are going to be accepted and passed. ...This is all excellent news.
12-27-2022 Intel Guru Bruce [via WiserNow] There's no contract rate on dong...But there's a very good rate...way more than we thought the dong would support even years ago...47 cents on the dong for years...When you see what the real rate is on the dong...Pretty amazing...
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12-26-2022 Newshound Guru Clare Article: "Sudanese advisor: Exchange rate fluctuations are temporary and there is no concern about Iraq's capabilities to impose stability" Quote: "Salih revealed...foreign reserves have become the strongest in Iraq's financial history, and its balance has perhaps exceeded one hundred billion dollars, which means there is no fear or concern about Iraq's financial capabilities in imposing stability in the dinar exchange rates as long as the matter is related to administrative and organizational affairs in dealing with external transfer and foreign currency trading."
12-26-2022 Newshound Guru Kaperoni Question: "Can you explain why Libya has the same kind of economy as Iraq and an even less structured government and their Dinar is worth 17 cents to the dollar." The key point with Libya is they only have 32 billion dinar in circulation compared to Iraq who has over 80 trillion dinar. It [Iraqi dinar] will remain weak until they reduce the money supply either by removing the currency as Iraq 's economy prospers or deleting the zeros (LOP).
12-26-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-26-2022 Intel Guru Frank26 IMO the basket the Iraqi dinar will be inside of, once it starts to float internationally at a rate at least 1 to 1 with the American dollar it would join a basket then pair with currencies inside that basket...we thought there was going to be about 10...IMO things have changed. Do you know how much potential Iraq has? Of course you do that's why you invested into it...it's justifiable to consider there could be 29 currencies in that basket...that would have to be the largest basket of this planet earth...
12-26-2022 Newshound Guru Pimpy If the restriction on Iraqi dinar were lifted and all of a sudden the exchange rate jumped up high make no doubt about it...you would see me hauling butt down to the bank!
12-26-2022 Newshound/Intel Guru Breitling I don't see anything negative going on in Iraq...as far as the Iraqi dinar is concerned...like the United States they can screw up a lot and still maintain its markets. Iraq has that room also because they have a resource everybody needs. We're not living off solar panels and Teslas - yet...it's a long ways away.
12-26-2022 Newshound/Intel Guru Walkingstick [via Frank26] The HCL is Iraq's National Oil Company and the National oil Company is about who gets control of Iraq's oil...the other monster is Article 140...Article 140 gives the census and the percentages of what you're going to be getting in that region...
12-26-2022 Newshound Guru Clare Article: "The Sleeping Wool Shelf" pushes the price of the dollar in Iraq to about 160,000 dinars" Quote: "Nassif wrote, in a tweet...via Twitter, on the occasion of the rise of the dollar to 154,000 dinars and its direction towards 160, we say, Sleeping, Sharif al-Sawf, and the dollar is suffocating your people."
12-26-2022 Intel Guru Frank26 Article: "The Ministry of Finance begins checking the amounts within the current expenditures to include them in the budget" FINALIZING THE BUDGET WITH A NEW EXCHANGE RATE.
12-26-2022 Newshound Guru Pimpy I hear people say this all the time, 'The Iraqi dinar is a fraud.' No it isn't. It's not the Iraqi dinar that's a scam. It's the individuals out there committing fraud using the Iraqi dinar to do so.
12-26-2022 Newshound Guru Clare Article: "Sudanese advisor: Exchange rate fluctuations are temporary and there is no concern about Iraq's capabilities to impose stability" Quote: "Salih revealed...foreign reserves have become the strongest in Iraq's financial history, and its balance has perhaps exceeded one hundred billion dollars, which means there is no fear or concern about Iraq's financial capabilities in imposing stability in the dinar exchange rates as long as the matter is related to administrative and organizational affairs in dealing with external transfer and foreign currency trading."
12-26-2022 Newshound Guru Kaperoni Question: "Can you explain why Libya has the same kind of economy as Iraq and an even less structured government and their Dinar is worth 17 cents to the dollar." The key point with Libya is they only have 32 billion dinar in circulation compared to Iraq who has over 80 trillion dinar. It [Iraqi dinar] will remain weak until they reduce the money supply either by removing the currency as Iraq 's economy prospers or deleting the zeros (LOP).
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12-26-2022 Intel Guru Frank26 IMO the basket the Iraqi dinar will be inside of, once it starts to float internationally at a rate at least 1 to 1 with the American dollar it would join a basket then pair with currencies inside that basket...we thought there was going to be about 10...IMO things have changed. Do you know how much potential Iraq has? Of course you do that's why you invested into it...it's justifiable to consider there could be 29 currencies in that basket...that would have to be the largest basket of this planet earth...
12-26-2022 Newshound Guru Pimpy If the restriction on Iraqi dinar were lifted and all of a sudden the exchange rate jumped up high make no doubt about it...you would see me hauling butt down to the bank!
12-26-2022 Newshound/Intel Guru Breitling I don't see anything negative going on in Iraq...as far as the Iraqi dinar is concerned...like the United States they can screw up a lot and still maintain its markets. Iraq has that room also because they have a resource everybody needs. We're not living off solar panels and Teslas - yet...it's a long ways away.
12-26-2022 Newshound/Intel Guru Walkingstick [via Frank26] The HCL is Iraq's National Oil Company and the National oil Company is about who gets control of Iraq's oil...the other monster is Article 140...Article 140 gives the census and the percentages of what you're going to be getting in that region...
12-26-2022 Newshound Guru Clare Article: "The Sleeping Wool Shelf" pushes the price of the dollar in Iraq to about 160,000 dinars" Quote: "Nassif wrote, in a tweet...via Twitter, on the occasion of the rise of the dollar to 154,000 dinars and its direction towards 160, we say, Sleeping, Sharif al-Sawf, and the dollar is suffocating your people."
12-26-2022 Intel Guru Frank26 Article: "The Ministry of Finance begins checking the amounts within the current expenditures to include them in the budget" FINALIZING THE BUDGET WITH A NEW EXCHANGE RATE.
12-26-2022 Newshound Guru Pimpy I hear people say this all the time, 'The Iraqi dinar is a fraud.' No it isn't. It's not the Iraqi dinar that's a scam. It's the individuals out there committing fraud using the Iraqi dinar to do so.
12-24-2022 *** Dinar Guru Community Message *** If you're a Dinar Guru Alert list member, check your email! Santa may have dropped you two fun little treats inside yesterday's and Thursday's emails. The first is poingnant and sweet dinar treat. The second, fun and valuable for 2023! Merry Christmas and Happy Holidays! The latest guru posts will continue below...
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12-25-2022 Newshound Guru Kaperoni The key for Iraq is for them to build a strong diverse economy. In order for them to do that they need outside financial assistance from the world meaning they need to pass laws, create a suitable business environment and encourage investment to facilitate such an economy. This is the preferred method as it builds a sound economy with a currency and exchange rate supported globally by the world's financial system.
12-25-2022 Newshound Guru Henig Article: "Parliamentary Committee: The fluctuation of the dollar price is the most important obstacle to approving the 2023 budget" Quote: "The budget law and its draft are still with the government, and it has not reached Parliament yet, and its provisions have not been finally clarified, which requires expediting its submission to Parliament and presenting it with several readings to reach a final formula for approval."
12-25-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-25-2022 Newshound Guru Clare Article: "The Iranian currency recorded the largest decline in its history" Quote: "The Iranian riyal recorded, on Thursday, in the Tehran free market against foreign currencies, a new collapse, the highest since the "Iranian Revolution" in 1979, as the price of the US dollar exceeded the value of 400,000 Iranian riyals."
12-25-2022 Intel Guru MarkZ [via PDK] This to me is a big piece. “Exchanging dollars in banks is a practical approach to achieve stability in the exchange market says PM advisor” They need to create the infrastructure for an exchange and they are knee deep in it. They want it operational by January 1st. This is important for us to watch.
12-25-2022 Newshound Guru Militia Man Article: "Finance completes the first phase of the national strategy for integrity and combating corruption" The automation of the borders is a major step in fighting corruption and adding revenues to the bottom line. All of it supports the investment environment within the country and the future true value of the Iraqi Dinar.
12-25-2022 Intel Guru Frank26 2003 - That was 20 years ago. Don't you think, would it be fair, wouldn't only be logical, could we assume that the Iraqi dinar has gone up in value? Especially with the massive attention everyone is giving Iraq right now under the table quietly? So .26 which is approximately $3.22 is Ok. Then it wouldn't be too bad to consider .29 is $3.44 ...Remember what Kuwait said to the IMF? You can help them with their monetary reform but don't you dare let their currency be higher than our exchange rate...what is Kuwait's exchange rate?
12-25-2022 Newshound Guru Kaperoni The key for Iraq is for them to build a strong diverse economy. In order for them to do that they need outside financial assistance from the world meaning they need to pass laws, create a suitable business environment and encourage investment to facilitate such an economy. This is the preferred method as it builds a sound economy with a currency and exchange rate supported globally by the world's financial system.
12-25-2022 Newshound Guru Henig Article: "Parliamentary Committee: The fluctuation of the dollar price is the most important obstacle to approving the 2023 budget" Quote: "The budget law and its draft are still with the government, and it has not reached Parliament yet, and its provisions have not been finally clarified, which requires expediting its submission to Parliament and presenting it with several readings to reach a final formula for approval."
12-25-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-25-2022 Newshound Guru Clare Article: "The Iranian currency recorded the largest decline in its history" Quote: "The Iranian riyal recorded, on Thursday, in the Tehran free market against foreign currencies, a new collapse, the highest since the "Iranian Revolution" in 1979, as the price of the US dollar exceeded the value of 400,000 Iranian riyals."
12-25-2022 Intel Guru MarkZ [via PDK] This to me is a big piece. “Exchanging dollars in banks is a practical approach to achieve stability in the exchange market says PM advisor” They need to create the infrastructure for an exchange and they are knee deep in it. They want it operational by January 1st. This is important for us to watch.
12-25-2022 Newshound Guru Militia Man Article: "Finance completes the first phase of the national strategy for integrity and combating corruption" The automation of the borders is a major step in fighting corruption and adding revenues to the bottom line. All of it supports the investment environment within the country and the future true value of the Iraqi Dinar.
12-25-2022 Intel Guru Frank26 2003 - That was 20 years ago. Don't you think, would it be fair, wouldn't only be logical, could we assume that the Iraqi dinar has gone up in value? Especially with the massive attention everyone is giving Iraq right now under the table quietly? So .26 which is approximately $3.22 is Ok. Then it wouldn't be too bad to consider .29 is $3.44 ...Remember what Kuwait said to the IMF? You can help them with their monetary reform but don't you dare let their currency be higher than our exchange rate...what is Kuwait's exchange rate?
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12-24-2022 Newshound Guru Kaperoni Frank26 says Iraq is going to remove the three zeros off the 1000, 5000, 10,000, 20,000, and 25,000. Does he not understand that is a neutral event/LOP? ...Guru Mtn Goat says we want to see Iraq begin the project to delete the zeros and introduce the smaller denominations. No we do not want to see this because the project to delete the zeros is a currency exchange/LOP. Not what we want to see happen.
12-24-2022 Newshound Guru Pimpy We're going to be realistic about what's going on and I'm going to try to do what I can to bring your attention to things that we should be watching for before we see an actual increase in the value of the Iraqi dinar.
12-24-2022 Intel Guru MarkZ [via PDK] “Al Rafidain bank announces the direct sale of the dollar to citizens” So they are doing it all at the bank…whether you want dollars or dinar…if you are traveling you will not have to go to a street vender.. This has brought much more stability to the dinar over the last 2-3 days. This is a key sign that they are preparing for the exchange process.
12-24-2022 Intel Guru Frank26 Article: "Iraqi chambers of commerce make proposals to end the "daily massacre" of the dollar in the market" 3 ZERO CURRENCY IS ALREADY AVAILABLE IN THE BANKS OF IRAQ...SO THE MONETARY REFORM EDUCATION TELLS THE IRAQI CITIZENS ABOUT THE NSCN's. Quote: "This decision will be implemented at the beginning of next year, and in the coming days, the Iraqi currency will be available in the banks, adding, There are decisions that we hope will be taken so that we can end this daily massacre of the dollar." THE MONETARY REFORM MECHANISM!
12-24-2022 Newshound Guru Clare Article: "Parliamentary Committee: The fluctuation of the dollar price is the most important obstacle to approving the 2023 budget" Quote: "The fluctuation of the dollar price and its determination in the 2023 budget are the most prominent obstacles to approving the budget, in addition to some items that have not been put up for discussion so far, so it is unlikely that the budget will be approved early."
12-24-2022 Newshound/Intel Guru Mnt Goat ...the reinstatement must happen on FOREX and the redenomination of the dinar prior to us going to the bank and exchanging. Secondly the holdup is purely political...We can see that Iraq has grown financially beyond expectations and certainly is more than ready to be fully re-integrated back into the financial systems of the global markets. There is a very good article ...entitled “2022…A DEFINING YEAR IN POLITICAL LIFE IN IRAQ AND OPTIMISM ABOUT “HOPE”. It...just about sums up this past year of turmoil in Iraq that finally ended in stability...the future is...extremely bright for the Iraqi dinar. This past year we have NEVER seen so much talk and debate from Iraq over what to do with the dinar.
12-24-2022 Intel Guru MarkZ [via PDK] [What is the HCL law in Iraq everyone has been talking about?] The HCL/article 140 is one of the things that should bring comfort to everybody. This is the sharing of taxes, revenues, oil…with the Kurdish region. This has been a sticking point for the RV I am told... They have been busy pounding this out over the parliamentary break. I have always been told that we will be within hours of going once they finalize the HCL. And we are so close.
12-24-2022 Newshound Guru Kaperoni Frank26 says Iraq is going to remove the three zeros off the 1000, 5000, 10,000, 20,000, and 25,000. Does he not understand that is a neutral event/LOP? ...Guru Mtn Goat says we want to see Iraq begin the project to delete the zeros and introduce the smaller denominations. No we do not want to see this because the project to delete the zeros is a currency exchange/LOP. Not what we want to see happen.
12-24-2022 Newshound Guru Pimpy We're going to be realistic about what's going on and I'm going to try to do what I can to bring your attention to things that we should be watching for before we see an actual increase in the value of the Iraqi dinar.
12-24-2022 Intel Guru MarkZ [via PDK] “Al Rafidain bank announces the direct sale of the dollar to citizens” So they are doing it all at the bank…whether you want dollars or dinar…if you are traveling you will not have to go to a street vender.. This has brought much more stability to the dinar over the last 2-3 days. This is a key sign that they are preparing for the exchange process.
12-24-2022 Intel Guru Frank26 Article: "Iraqi chambers of commerce make proposals to end the "daily massacre" of the dollar in the market" 3 ZERO CURRENCY IS ALREADY AVAILABLE IN THE BANKS OF IRAQ...SO THE MONETARY REFORM EDUCATION TELLS THE IRAQI CITIZENS ABOUT THE NSCN's. Quote: "This decision will be implemented at the beginning of next year, and in the coming days, the Iraqi currency will be available in the banks, adding, There are decisions that we hope will be taken so that we can end this daily massacre of the dollar." THE MONETARY REFORM MECHANISM!
12-24-2022 Newshound Guru Clare Article: "Parliamentary Committee: The fluctuation of the dollar price is the most important obstacle to approving the 2023 budget" Quote: "The fluctuation of the dollar price and its determination in the 2023 budget are the most prominent obstacles to approving the budget, in addition to some items that have not been put up for discussion so far, so it is unlikely that the budget will be approved early."
12-24-2022 Newshound/Intel Guru Mnt Goat ...the reinstatement must happen on FOREX and the redenomination of the dinar prior to us going to the bank and exchanging. Secondly the holdup is purely political...We can see that Iraq has grown financially beyond expectations and certainly is more than ready to be fully re-integrated back into the financial systems of the global markets. There is a very good article ...entitled “2022…A DEFINING YEAR IN POLITICAL LIFE IN IRAQ AND OPTIMISM ABOUT “HOPE”. It...just about sums up this past year of turmoil in Iraq that finally ended in stability...the future is...extremely bright for the Iraqi dinar. This past year we have NEVER seen so much talk and debate from Iraq over what to do with the dinar.
12-24-2022 Intel Guru MarkZ [via PDK] [What is the HCL law in Iraq everyone has been talking about?] The HCL/article 140 is one of the things that should bring comfort to everybody. This is the sharing of taxes, revenues, oil…with the Kurdish region. This has been a sticking point for the RV I am told... They have been busy pounding this out over the parliamentary break. I have always been told that we will be within hours of going once they finalize the HCL. And we are so close.
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12-23-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] News here talks about the meetings and the HCL all day...they're saying the only thing Iraq needs is this HCL signed and activated to make Iraq have ability to advance in the International world. This HCL is the final key... FRANK: They just told you the moment they have the HCL signed your currency is going to go International. That's why you have so many platforms already established internationally... [Post 2 of 2]
12-23-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The HCL is still being worked on. They are back in Baghdad meeting right now. This has no final agreement signed now. We're not too concerned about it because we know they're going to agree. As of yet there is nothing that has been signed. This is a sticky point and has to be signed and activated. They have signed article 140 but HCL and Article 140 are different items. [Post 1 of 2...stay tuned]
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12-23-2022 Newshound Guru Militia Man Article Question: [Reference Guru Samson Article Below] "New currency? Does this mean they are rolling out the lower denominational notes too?" They say "This decision will be implemented at the beginning of next year, and in the coming days, the Iraqi currency will be available in the banks," So from that we can deduce it is possible they are talking NSCNs.
12-23-2022 Newshound Guru Kaperoni [Guru] Frank 26 says they are removing the dollars from Iraq...That's not possible because that is counterproductive to the daily currency auctions which are used to stabilize the exchange rate. [and] says the Iraqi dinar is going to go International and in January the Iraqi Stock Exchange is going to go International...Both are already open to the world...The Iraqi Stock Exchange...are just improving their infrastructure and opening web based investing.
12-23-2022 Newshound Guru Sandy Ingram This is breaking news. Article: "CBI takes action to stabilize Iraqi dinar exchange rate" The CBI has announced measures to help stabilize the dinar/dollar exchange rate. One of the measure they are now doing includes allowing banks to participate in buying and selling any amount in foreign currency...
12-23-2022 Newshound Guru Pimpy What you might see happen then is the deletion of the zeros so they might have a new lower denominations...In other words if they delete the 3 zeros then 25,000 dinars becomes 25 dinars. You still have the same equal value, they're just lower in denominations...That has nothing to do with the exchange rate. That doesn't mean you're losing money in your investment. That just means they're removed the zeros and they've re-denominated and the currencies have a new look to them altogether. [Post 2 of 2]
12-23-2022 Newshound Guru Pimpy People are getting pissy about the fact that I'm saying Iraq most likely is going to have to re-denominate the currency. Now re-denominating...has nothing to do with the exchange rate. What that means is the current image of the currency...most likely will change...Iraq has trillions and trillions of unaccounted for dinar. We know ISIS ...and criminals stole a bunch of them and...you have no choice but to re-denominate - create new currencies and tell the citizens to exchange their current currencies for the new currency, straight across even-Steven. [Post 1 of 2...stay tuned]
12-23-2022 Intel Guru MarkZ [via PDK] There has been chatter about the exchange rate and stabilizing it in Iraq. The banking side is still of the belief this will be our weekend for announcements. And that we all will start going to the banks next week. Guess we will see soon if that is true or not...
12-23-2022 Newshound Guru Samson Article: "Iraqi chambers of commerce make proposals to end the "daily massacre" of the dollar in the market" Quote: "The head of the Federation of Iraqi Chambers of Commerce suggested "diversifying the foreign currency commodity within the central bank and not remaining a monopoly of the dollar only, the strict monitoring by the Federal Bank on the movement of the dollar from Iraqi banks to intermediary banks."
12-23-2022 Intel Guru Frank26 Why is the dollar going up in value inside of Iraq? Because they de-pegged from the dollar weeks ago...because it's about to go outside in a basket of possibly 29 currencies...
12-23-2022 Newshound/Intel Guru Walkingstick [via Frank26] The CBI is leaving a big trail. If we were on a hunting expedition it would be easy to read and follow these tracks. It would be easy to see they are in the middle of a major change to their banking structure - from a de-pegging to an International float via a pairing in a basket of currency that the IQD will be benefited from...
12-23-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] News here talks about the meetings and the HCL all day...they're saying the only thing Iraq needs is this HCL signed and activated to make Iraq have ability to advance in the International world. This HCL is the final key... FRANK: They just told you the moment they have the HCL signed your currency is going to go International. That's why you have so many platforms already established internationally... [Post 2 of 2]
12-23-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The HCL is still being worked on. They are back in Baghdad meeting right now. This has no final agreement signed now. We're not too concerned about it because we know they're going to agree. As of yet there is nothing that has been signed. This is a sticky point and has to be signed and activated. They have signed article 140 but HCL and Article 140 are different items. [Post 1 of 2...stay tuned]
12-23-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-23-2022 Newshound Guru Militia Man Article Question: [Reference Guru Samson Article Below] "New currency? Does this mean they are rolling out the lower denominational notes too?" They say "This decision will be implemented at the beginning of next year, and in the coming days, the Iraqi currency will be available in the banks," So from that we can deduce it is possible they are talking NSCNs.
12-23-2022 Newshound Guru Kaperoni [Guru] Frank 26 says they are removing the dollars from Iraq...That's not possible because that is counterproductive to the daily currency auctions which are used to stabilize the exchange rate. [and] says the Iraqi dinar is going to go International and in January the Iraqi Stock Exchange is going to go International...Both are already open to the world...The Iraqi Stock Exchange...are just improving their infrastructure and opening web based investing.
12-23-2022 Newshound Guru Sandy Ingram This is breaking news. Article: "CBI takes action to stabilize Iraqi dinar exchange rate" The CBI has announced measures to help stabilize the dinar/dollar exchange rate. One of the measure they are now doing includes allowing banks to participate in buying and selling any amount in foreign currency...
12-23-2022 Newshound Guru Pimpy What you might see happen then is the deletion of the zeros so they might have a new lower denominations...In other words if they delete the 3 zeros then 25,000 dinars becomes 25 dinars. You still have the same equal value, they're just lower in denominations...That has nothing to do with the exchange rate. That doesn't mean you're losing money in your investment. That just means they're removed the zeros and they've re-denominated and the currencies have a new look to them altogether. [Post 2 of 2]
12-23-2022 Newshound Guru Pimpy People are getting pissy about the fact that I'm saying Iraq most likely is going to have to re-denominate the currency. Now re-denominating...has nothing to do with the exchange rate. What that means is the current image of the currency...most likely will change...Iraq has trillions and trillions of unaccounted for dinar. We know ISIS ...and criminals stole a bunch of them and...you have no choice but to re-denominate - create new currencies and tell the citizens to exchange their current currencies for the new currency, straight across even-Steven. [Post 1 of 2...stay tuned]
12-23-2022 Intel Guru MarkZ [via PDK] There has been chatter about the exchange rate and stabilizing it in Iraq. The banking side is still of the belief this will be our weekend for announcements. And that we all will start going to the banks next week. Guess we will see soon if that is true or not...
12-23-2022 Newshound Guru Samson Article: "Iraqi chambers of commerce make proposals to end the "daily massacre" of the dollar in the market" Quote: "The head of the Federation of Iraqi Chambers of Commerce suggested "diversifying the foreign currency commodity within the central bank and not remaining a monopoly of the dollar only, the strict monitoring by the Federal Bank on the movement of the dollar from Iraqi banks to intermediary banks."
12-23-2022 Intel Guru Frank26 Why is the dollar going up in value inside of Iraq? Because they de-pegged from the dollar weeks ago...because it's about to go outside in a basket of possibly 29 currencies...
12-23-2022 Newshound/Intel Guru Walkingstick [via Frank26] The CBI is leaving a big trail. If we were on a hunting expedition it would be easy to read and follow these tracks. It would be easy to see they are in the middle of a major change to their banking structure - from a de-pegging to an International float via a pairing in a basket of currency that the IQD will be benefited from...
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12-22-2022 Newshound Guru Pimpy Question: "Do we have any chance of the exchange rate changing?" ...Anything is possible. But for me I'm more of a realistic grounded kind of person...If we woke up tomorrow and all of a sudden all restrictions were removed and I could run down to my bank and I could change the Iraqi dinar and I was getting $3.22 per Iraqi dinar, hell yeah I would do it! ...Let's just be realistic...Iraq is doing all the right thing and moving forward...increasing their foreign currency reserves, doubling their purchases of gold reserves, doing what they can...to get the United Nations to remove any and all restrictive resolutions.
12-22-2022 Intel Guru Frank26 The CBI has some amazing, powerful, secret, caliente [Spanish for hot] - very hot meetings constantly on a daily basis. More than one meeting a day for this purpose about the 29th of January 2023. The Iraqi dinar is going to go international...Iraq is growing up. The Iraqi Stock Exchange on the 29th is going international...the 29th of January is coming from the CBI...Prime Minister Sudani...you can't get to the 29th of January without going international unless the platforms are set and ready to go...
12-22-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-22-2022 Newshound Guru Sandy Ingram You would have less than 2 weeks to protect yourself from taxes of approximately $87,500+ U.S. dollars if you are single and you have a few deductions...Your tax bracket would jump to 35%...this means you'd only get to keep around $162,000 U.S. dollars. This is no joke. If you do not understand how to protect the other $87,000+ dollars, you can kiss it goodbye...learn how to protect your exotic currency profits... [Post 2 of 2] [NOTE: Consult your tax professionals at the appropriate time to calculate the right taxes for your unique situation]
12-22-2022 Newshound Guru Sandy Ingram What if the Iraq dinar revalued this week? Iraq does not celebrate Christmas, so they are working while the rest of the world is out shopping for gifts. What if the IQD floated to .25 cents to 1 U.S. dollar and you could exchange your currency at certain financial institutions in your country or in the United States. Most of you would have $250,000+ U.S. dollars. [Post 1 of 2....stay tuned]
12-22-2022 Intel Guru Frank26 Article: "The central bank and banks urgent action to control the foreign currency market" This is extremely important. THE FLOAT REPLACES THE AUCTIONS FOR THE SECURITY AND FOR THE MONETARY REFORM Quote: "...among other rumors is that the central bank will make a new change to the current price..."
12-22-2022 Newshound Guru Pimpy I've been saying this for along time - I don't care what politicians jumps up and down and makes a big scene, it's not up to them. Unless you hear something come from the Central Bank of Iraq directly then all the talk out there is speculation and rumors.
12-22-2022 Newshound Guru Clare Article: "Al-Sudani: Inflating currency selling prices aims to remove the dollar from the country" Quote: "We asked the central bank to take quick steps to compensate for the dollar shortage in the markets The Central Bank took measures related to diversifying foreign transfers to cover imports The financial situation is at its best, and the reserves of the Central Bank have risen to $96 billion"
12-22-2022 Intel Guru MarkZ [via PDK] Some private banking contacts are very excited that hopefully we will get announcements before the end of the year. Another private banking contact expects everything to be “COMPLETED” by Jan 15th for them. ...in Iraq there is a number of articles about electronic payment systems for exchanges...And exchanges of currencies…exchange rate. The rate has not changed yet…but a lot of articles talking about it.
12-22-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani says the reason for the high dollar exchange rate right now is because their goal is to remove the dollar from the country. FRANK: To de-dollarize! Wow. There it is.
12-22-2022 Intel Guru Bruce [via WiserNow] ...redemption center staff had meetings...And yeah all the players are on the initial call, Treasury Secretary Minuchin - Judy Shelton – other key figures and then I believe the later calls were probably with the six major banks, international banks...I know they did finally settle in on a contract rate on the dinar which I cannot disclose, but it's quite high...remember...Dr. Shabibi of Iraqi’s central bank...when he spoke to the International Chamber of Commerce in Washington DC in 2012...and he gave that rate. We've...had confirmation that...the big screens had indeed exceeded that rate...This is going to be a life changing event for us.
12-22-2022 Newshound Guru Pimpy Al-Sudani is not what I thought he was going to be. Knowing he is the acolyte of Maliki I was expecting the worst of this guy...but come to find out Al-Sudani is not only continuing the great work of Al-Kazemi but he's doing it at a much quicker pace and that is because he has a lot more support behind him...
12-22-2022 Newshound Guru Pimpy Question: "Do we have any chance of the exchange rate changing?" ...Anything is possible. But for me I'm more of a realistic grounded kind of person...If we woke up tomorrow and all of a sudden all restrictions were removed and I could run down to my bank and I could change the Iraqi dinar and I was getting $3.22 per Iraqi dinar, hell yeah I would do it! ...Let's just be realistic...Iraq is doing all the right thing and moving forward...increasing their foreign currency reserves, doubling their purchases of gold reserves, doing what they can...to get the United Nations to remove any and all restrictive resolutions.
12-22-2022 Intel Guru Frank26 The CBI has some amazing, powerful, secret, caliente [Spanish for hot] - very hot meetings constantly on a daily basis. More than one meeting a day for this purpose about the 29th of January 2023. The Iraqi dinar is going to go international...Iraq is growing up. The Iraqi Stock Exchange on the 29th is going international...the 29th of January is coming from the CBI...Prime Minister Sudani...you can't get to the 29th of January without going international unless the platforms are set and ready to go...
12-22-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-22-2022 Newshound Guru Sandy Ingram You would have less than 2 weeks to protect yourself from taxes of approximately $87,500+ U.S. dollars if you are single and you have a few deductions...Your tax bracket would jump to 35%...this means you'd only get to keep around $162,000 U.S. dollars. This is no joke. If you do not understand how to protect the other $87,000+ dollars, you can kiss it goodbye...learn how to protect your exotic currency profits... [Post 2 of 2] [NOTE: Consult your tax professionals at the appropriate time to calculate the right taxes for your unique situation]
12-22-2022 Newshound Guru Sandy Ingram What if the Iraq dinar revalued this week? Iraq does not celebrate Christmas, so they are working while the rest of the world is out shopping for gifts. What if the IQD floated to .25 cents to 1 U.S. dollar and you could exchange your currency at certain financial institutions in your country or in the United States. Most of you would have $250,000+ U.S. dollars. [Post 1 of 2....stay tuned]
12-22-2022 Intel Guru Frank26 Article: "The central bank and banks urgent action to control the foreign currency market" This is extremely important. THE FLOAT REPLACES THE AUCTIONS FOR THE SECURITY AND FOR THE MONETARY REFORM Quote: "...among other rumors is that the central bank will make a new change to the current price..."
12-22-2022 Newshound Guru Pimpy I've been saying this for along time - I don't care what politicians jumps up and down and makes a big scene, it's not up to them. Unless you hear something come from the Central Bank of Iraq directly then all the talk out there is speculation and rumors.
12-22-2022 Newshound Guru Clare Article: "Al-Sudani: Inflating currency selling prices aims to remove the dollar from the country" Quote: "We asked the central bank to take quick steps to compensate for the dollar shortage in the markets The Central Bank took measures related to diversifying foreign transfers to cover imports The financial situation is at its best, and the reserves of the Central Bank have risen to $96 billion"
12-22-2022 Intel Guru MarkZ [via PDK] Some private banking contacts are very excited that hopefully we will get announcements before the end of the year. Another private banking contact expects everything to be “COMPLETED” by Jan 15th for them. ...in Iraq there is a number of articles about electronic payment systems for exchanges...And exchanges of currencies…exchange rate. The rate has not changed yet…but a lot of articles talking about it.
12-22-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani says the reason for the high dollar exchange rate right now is because their goal is to remove the dollar from the country. FRANK: To de-dollarize! Wow. There it is.
12-22-2022 Intel Guru Bruce [via WiserNow] ...redemption center staff had meetings...And yeah all the players are on the initial call, Treasury Secretary Minuchin - Judy Shelton – other key figures and then I believe the later calls were probably with the six major banks, international banks...I know they did finally settle in on a contract rate on the dinar which I cannot disclose, but it's quite high...remember...Dr. Shabibi of Iraqi’s central bank...when he spoke to the International Chamber of Commerce in Washington DC in 2012...and he gave that rate. We've...had confirmation that...the big screens had indeed exceeded that rate...This is going to be a life changing event for us.
12-22-2022 Newshound Guru Pimpy Al-Sudani is not what I thought he was going to be. Knowing he is the acolyte of Maliki I was expecting the worst of this guy...but come to find out Al-Sudani is not only continuing the great work of Al-Kazemi but he's doing it at a much quicker pace and that is because he has a lot more support behind him...
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12-21-2022 Intel Guru Frank26 Article: "Economic Adviser To The Prime Minister Outlines The Reasons For The Rise In Dollar Prices" THE EXCHANGE RATE OF THE DOLLAR AGAINST THE IQD WILL TEETER TOTTER...there is a reason this fluctuation is happening. Because you de-pegged...lost the stability. How are we going to get it back? We're going to "pair"!
12-21-2022 Intel Guru MarkZ [via PDK] Talks between Iraqs Federal and Kurdistan regions over the 2023 budget have been fruitful so far…I am told once they finalize that we are hours away from a value change.
12-21-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-21-2022 Newshound/Intel Guru Walkingstick [via Frank26] The international platforms have replaced the auctions at the CBI. Once the IQD starts to go International in a basket it is automatically canceling the CBI auctions where Iran was siphoning Iraq's blood through their currencies. The only swap from now on will be with the US dollar...no more auctions. It will be a governing function instead.
12-21-2022 Intel Guru Bruce [via WiserNow] ...based on the information that we have...we should get notified tomorrow and get started - either tomorrow afternoon or evening as exchanges or start on Thursday...Now, I cannot absolutely call it. But this is as close to it as I can get, because of the fact that the bondholders were paid, and were sent their emails of liquidity... we're right on their tails. Right behind him – 12 - 24 hours later.
12-21-2022 Newshound Guru Pimpy The changes to the Iraqi dinar exchange rate it's not going to come from the media...Al-Sudani...President Rasheed...The Coordinating Framework. No body gives a rats patootie on what they say because it holds no water. It has to come from the Rothschild owned Central Bank...Until we hear it from their Central Bank that the exchange rate is 'this', stop listening to those other people out there blow spoke up your butt... [Note: You can always see the official CBI dinar exchange rate in the left column of this page.]
12-21-2022 Intel Guru Frank26 Article: "The Central Bank's measures deepen the dollar crisis and extend American hands to create unrest" THE CBI REMOVES CORRUPTION & NEUTRALIZES THE AUCTIONS! The auctions are gone...it is important for you to understand this principle...the auctions were given to the CBI for what reason? So Iraq could take the oil that they sell in American dollars and convert it into Iraqi dinars so they can run their country but they didn't. They took the money that came in as American dollar for oil and instead of going in the right direction, they evil ones, took it...straight to Iran...
12-21-2022 Newshound Guru Clare Article: "Parliamentary signatures to hold an extraordinary session to discuss the rise in dollar prices" Quote: "A number of deputies demanded, on Monday, to hold an extraordinary session to discuss the rise in the exchange rate of the dollar and its impact on citizens."
12-21-2022 Newshound Guru Sandy Ingram Just because Iraq is not on the Forex market does not mean they are not creating a Forex market chart ...the CBI on paper has the control over the RV but in reality what happens in the country [economy, political stability, citizen happiness/ discontent] determines CBI's reality.
12-21-2022 Intel Guru MarkZ [via PDK] [I am worried it will not be done by Christmas.] That is still the goal. Rumors are the expectations for announcements are within the next few days. I have heard this for so many Christmases though…I am hesitant to share it with you all. But I have never before heard it from so many different sources that are not affiliated with each other…From military sources banking sources, bond sources, a paymaster source…all from different cities locations and countries…There really is so much coming together at one time…I am optimistic and excited...
12-21-2022 Newshound/Intel Guru Mnt Goat ...January is upon us and the CBI will have the 31 days to reinstate starting on Jan 1st the clock will tick, tick tock, tick tock. If not, they will miss yet another window of opportunity to RV this time and the saga continues...
12-21-2022 Newshound Guru Pimpy Technically there's no restrictions on the currency as far as there are other countries that will allow you to purchase and buy dinar. It's just that here in the United States we have our own restrictions at the moment. So when I say restrictions, this is from the Untied States not everywhere else. Other countries you can go and swap all you want. It's not a type of sanctions it more of a restriction the United States put on there.
12-21-2022 Intel Guru Frank26 Article: "Launching the first electronic platform for financial trading via the Internet" THEY TOLD [Boots on the ground Firefly] WHEN WE SIGN THE HCL WITH THE KURDS... THE IRAQI DINAR WILL FLOAT INTERNATIONALLY! ...when it floats it's 'pairing'... What is the CBI trying to tell the citizens of Iraq? Your currency is about to leave its borders, de-peg from the American dollar [and] pair within a basket... Quote: "The online trading system for the shares of Iraqi joint-stock companies will be launched - for Go Life investors, starting from the session on Sunday 1/29/2023," ... that means it's going to float.
12-21-2022 Intel Guru Frank26 Article: "Economic Adviser To The Prime Minister Outlines The Reasons For The Rise In Dollar Prices" THE EXCHANGE RATE OF THE DOLLAR AGAINST THE IQD WILL TEETER TOTTER...there is a reason this fluctuation is happening. Because you de-pegged...lost the stability. How are we going to get it back? We're going to "pair"!
12-21-2022 Intel Guru MarkZ [via PDK] Talks between Iraqs Federal and Kurdistan regions over the 2023 budget have been fruitful so far…I am told once they finalize that we are hours away from a value change.
12-21-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-21-2022 Newshound/Intel Guru Walkingstick [via Frank26] The international platforms have replaced the auctions at the CBI. Once the IQD starts to go International in a basket it is automatically canceling the CBI auctions where Iran was siphoning Iraq's blood through their currencies. The only swap from now on will be with the US dollar...no more auctions. It will be a governing function instead.
12-21-2022 Intel Guru Bruce [via WiserNow] ...based on the information that we have...we should get notified tomorrow and get started - either tomorrow afternoon or evening as exchanges or start on Thursday...Now, I cannot absolutely call it. But this is as close to it as I can get, because of the fact that the bondholders were paid, and were sent their emails of liquidity... we're right on their tails. Right behind him – 12 - 24 hours later.
12-21-2022 Newshound Guru Pimpy The changes to the Iraqi dinar exchange rate it's not going to come from the media...Al-Sudani...President Rasheed...The Coordinating Framework. No body gives a rats patootie on what they say because it holds no water. It has to come from the Rothschild owned Central Bank...Until we hear it from their Central Bank that the exchange rate is 'this', stop listening to those other people out there blow spoke up your butt... [Note: You can always see the official CBI dinar exchange rate in the left column of this page.]
12-21-2022 Intel Guru Frank26 Article: "The Central Bank's measures deepen the dollar crisis and extend American hands to create unrest" THE CBI REMOVES CORRUPTION & NEUTRALIZES THE AUCTIONS! The auctions are gone...it is important for you to understand this principle...the auctions were given to the CBI for what reason? So Iraq could take the oil that they sell in American dollars and convert it into Iraqi dinars so they can run their country but they didn't. They took the money that came in as American dollar for oil and instead of going in the right direction, they evil ones, took it...straight to Iran...
12-21-2022 Newshound Guru Clare Article: "Parliamentary signatures to hold an extraordinary session to discuss the rise in dollar prices" Quote: "A number of deputies demanded, on Monday, to hold an extraordinary session to discuss the rise in the exchange rate of the dollar and its impact on citizens."
12-21-2022 Newshound Guru Sandy Ingram Just because Iraq is not on the Forex market does not mean they are not creating a Forex market chart ...the CBI on paper has the control over the RV but in reality what happens in the country [economy, political stability, citizen happiness/ discontent] determines CBI's reality.
12-21-2022 Intel Guru MarkZ [via PDK] [I am worried it will not be done by Christmas.] That is still the goal. Rumors are the expectations for announcements are within the next few days. I have heard this for so many Christmases though…I am hesitant to share it with you all. But I have never before heard it from so many different sources that are not affiliated with each other…From military sources banking sources, bond sources, a paymaster source…all from different cities locations and countries…There really is so much coming together at one time…I am optimistic and excited...
12-21-2022 Newshound/Intel Guru Mnt Goat ...January is upon us and the CBI will have the 31 days to reinstate starting on Jan 1st the clock will tick, tick tock, tick tock. If not, they will miss yet another window of opportunity to RV this time and the saga continues...
12-21-2022 Newshound Guru Pimpy Technically there's no restrictions on the currency as far as there are other countries that will allow you to purchase and buy dinar. It's just that here in the United States we have our own restrictions at the moment. So when I say restrictions, this is from the Untied States not everywhere else. Other countries you can go and swap all you want. It's not a type of sanctions it more of a restriction the United States put on there.
12-21-2022 Intel Guru Frank26 Article: "Launching the first electronic platform for financial trading via the Internet" THEY TOLD [Boots on the ground Firefly] WHEN WE SIGN THE HCL WITH THE KURDS... THE IRAQI DINAR WILL FLOAT INTERNATIONALLY! ...when it floats it's 'pairing'... What is the CBI trying to tell the citizens of Iraq? Your currency is about to leave its borders, de-peg from the American dollar [and] pair within a basket... Quote: "The online trading system for the shares of Iraqi joint-stock companies will be launched - for Go Life investors, starting from the session on Sunday 1/29/2023," ... that means it's going to float.
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12-20-2022 Newshound Guru Pimpy We know Iraq was using $1 to $1.5 billion dollars of oils sales per month to purchase Iraqi dinars off the open market. We heard about that a long time ago so there's no way to actually know how much currency is out there in circulation. We only hear about the amount that was made...We know ISIS came in and stole a bunch of it...we know recently the so called 'theft of the century' happened. There's no doubt what's going to happen. They're going to have to redenominate the money because they don't know where the money is and that's what I'm waiting for to happen.
12-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] To see the CBI have constant daily meetings, more than one meeting per day is a very good thing. These meetings were not as common as they are now. They were not as acute as they are now. Yeah...to see the CBI have these constant meetings on a daily basis is very good...you have to wait for the articles to catch up with these CBI meetings...these meetings will lead to the 2023 budget and to the new exchange rate of the Iraqi dinar...
12-20-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-20-2022 Newshound Guru Paulette I am excited that we may be within a few weeks of actually finally seeing the "restructure" that we have all been waiting for...
12-20-2022 Newshound Guru Pimpy I think once the hydrocarbon law is signed that's a biggie. We know the Kurdistan Regional government has been sending people from Erbil over to Baghdad to try to iron this thing out. Once that is done I can't think of any other things out there keeping the restrictions on Iraq's currency outside of the fact that their banks continue to have issues with money laundering...The remedy for that is to redenominate the Iraqi currency, make new ones and while you're at it go ahead and delete the zeros. That kills two birds with one stone. Then you'll see the rate increase in increments...
12-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Erbil is back. They're talking to Baghdad. It's all about the HCL. They want their money...we await a final agreement on the HCL law. FRANK: The article 140 was signed/accepted. Article 140 is separate from the HCL but they work together...the HCL is already agreed upon and it was activated because of article 140. It will be in the budget... FIREFLY: There is still a sticking point on the HCL but it's a positive direction... FRANK: It's a very positive direction because the HCL is what's going to allow you guys to go international.
12-20-2022 Newshound Guru Kaperoni This will also help I believe in price discovery when they decide to float the currency...if and when the Iraqi dinar floats it will be based on the economic success and growth of the economy... The launch of this online trading system goes into effect on January 29th, 2023. This is another critical part...as the new prime minister is attempting to activate and diversify their economy. [Post 2 of 2]
12-20-2022 Newshound Guru Kaperoni Interesting article today the Iraqi Stock Exchange announced the launch of an Internet trading system with a private based company to allow investors to buy/sell in the Iraqi stock market. This is really critical for Iraq to open their private sector market economy and develop their Capital Market. A means to bring lots of money into Iraq. [Post 1 of 2]
12-20-2022 Newshound Guru Pimpy There's a list Iraq must complete before they have their restrictions removed. They still have restrictions. Can you walk down right now to your bank...and buy and sell Iraqi dinar? I think Chase Bank is the only one that does that.
12-20-2022 Intel Guru Frank26 Article: "New App allows Iraqis to trade US-Listed Stocks" INTERNATIONAL PLATFORM FROM THE CBI TO REMOVE THE BLUES OF THE CITIZENS...behold...an app for the Iraqi citizens...so they can move currency in and out of their country and so they can buy stocks listed outside of their country. If you don't understand this you don't belong in this investment...How come they haven't been able to do that for the last 20 years? Because they've been on a program rate...I'm sorry anybody that tells you the Iraqi dinars are not going up in value is simply ignorant...this is not for a program rate. This is for a powerful currency.
12-20-2022 Newshound Guru CharlieOK The [Vietnam] dong traded at over 2 bucks in the '50s. If there is any country that should try to force an RV before another, it should be VN. Stable country with a manufacturing base and lots of natural resources... The country of VN was involved in warfare from the latter '50s through the early '70s. Since then, VN has rebuilt the country with a diversified economy. It has natural resources and has a manufacturing base. Actually, VN shows what a fiasco Iraq now is. Even so, it appears that what we hope for might just be upon us...
12-20-2022 Newshound Guru Clare Article: "The National Bank of Iraq gets an advanced rating in Moody's at B3 and Caa1" Quote: "Managing Director of the National Bank of Iraq, Ayman Abu Dahim, confirmed, saying: We are very pleased that the National Bank of Iraq obtained for the first time a credit rating by Moody’s Investors Services, as this reflects a very positive outcome...and we are We are certain that this rating will rise in the future as we continue to implement strategies and plans to expand our business..."
12-20-2022 Newshound Guru Pimpy We know Iraq was using $1 to $1.5 billion dollars of oils sales per month to purchase Iraqi dinars off the open market. We heard about that a long time ago so there's no way to actually know how much currency is out there in circulation. We only hear about the amount that was made...We know ISIS came in and stole a bunch of it...we know recently the so called 'theft of the century' happened. There's no doubt what's going to happen. They're going to have to redenominate the money because they don't know where the money is and that's what I'm waiting for to happen.
12-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] To see the CBI have constant daily meetings, more than one meeting per day is a very good thing. These meetings were not as common as they are now. They were not as acute as they are now. Yeah...to see the CBI have these constant meetings on a daily basis is very good...you have to wait for the articles to catch up with these CBI meetings...these meetings will lead to the 2023 budget and to the new exchange rate of the Iraqi dinar...
12-20-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-20-2022 Newshound Guru Paulette I am excited that we may be within a few weeks of actually finally seeing the "restructure" that we have all been waiting for...
12-20-2022 Newshound Guru Pimpy I think once the hydrocarbon law is signed that's a biggie. We know the Kurdistan Regional government has been sending people from Erbil over to Baghdad to try to iron this thing out. Once that is done I can't think of any other things out there keeping the restrictions on Iraq's currency outside of the fact that their banks continue to have issues with money laundering...The remedy for that is to redenominate the Iraqi currency, make new ones and while you're at it go ahead and delete the zeros. That kills two birds with one stone. Then you'll see the rate increase in increments...
12-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Erbil is back. They're talking to Baghdad. It's all about the HCL. They want their money...we await a final agreement on the HCL law. FRANK: The article 140 was signed/accepted. Article 140 is separate from the HCL but they work together...the HCL is already agreed upon and it was activated because of article 140. It will be in the budget... FIREFLY: There is still a sticking point on the HCL but it's a positive direction... FRANK: It's a very positive direction because the HCL is what's going to allow you guys to go international.
12-20-2022 Newshound Guru Kaperoni This will also help I believe in price discovery when they decide to float the currency...if and when the Iraqi dinar floats it will be based on the economic success and growth of the economy... The launch of this online trading system goes into effect on January 29th, 2023. This is another critical part...as the new prime minister is attempting to activate and diversify their economy. [Post 2 of 2]
12-20-2022 Newshound Guru Kaperoni Interesting article today the Iraqi Stock Exchange announced the launch of an Internet trading system with a private based company to allow investors to buy/sell in the Iraqi stock market. This is really critical for Iraq to open their private sector market economy and develop their Capital Market. A means to bring lots of money into Iraq. [Post 1 of 2]
12-20-2022 Newshound Guru Pimpy There's a list Iraq must complete before they have their restrictions removed. They still have restrictions. Can you walk down right now to your bank...and buy and sell Iraqi dinar? I think Chase Bank is the only one that does that.
12-20-2022 Intel Guru Frank26 Article: "New App allows Iraqis to trade US-Listed Stocks" INTERNATIONAL PLATFORM FROM THE CBI TO REMOVE THE BLUES OF THE CITIZENS...behold...an app for the Iraqi citizens...so they can move currency in and out of their country and so they can buy stocks listed outside of their country. If you don't understand this you don't belong in this investment...How come they haven't been able to do that for the last 20 years? Because they've been on a program rate...I'm sorry anybody that tells you the Iraqi dinars are not going up in value is simply ignorant...this is not for a program rate. This is for a powerful currency.
12-20-2022 Newshound Guru CharlieOK The [Vietnam] dong traded at over 2 bucks in the '50s. If there is any country that should try to force an RV before another, it should be VN. Stable country with a manufacturing base and lots of natural resources... The country of VN was involved in warfare from the latter '50s through the early '70s. Since then, VN has rebuilt the country with a diversified economy. It has natural resources and has a manufacturing base. Actually, VN shows what a fiasco Iraq now is. Even so, it appears that what we hope for might just be upon us...
12-20-2022 Newshound Guru Clare Article: "The National Bank of Iraq gets an advanced rating in Moody's at B3 and Caa1" Quote: "Managing Director of the National Bank of Iraq, Ayman Abu Dahim, confirmed, saying: We are very pleased that the National Bank of Iraq obtained for the first time a credit rating by Moody’s Investors Services, as this reflects a very positive outcome...and we are We are certain that this rating will rise in the future as we continue to implement strategies and plans to expand our business..."
12-19-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
12-19-2022 Newshound Guru Pimpy Enacting and implementing legislation to ensure equitable distribution of the hydrocarbon resources ...Not done...I know there are people out there telling you that was signed and done and it was done recently. No it wasn't. That is one of the biggies that has to get signed and implemented...3 out of the 18 are not complete. We need to disarm the militia...make sure political authorities are not undermining the Iraq security forces and the hydrocarbon law... [Post 2 of 2]
12-19-2022 Newshound Guru Pimpy Iraq is under all kinds of restriction. And even though they are out of Chapter 7 with the United Nations Security Council there are 18 items...that must be accomplished before restrictions are removed from Iraq...The list has not been updated since 2008...they're supposed to be doing an assessment every 2 years and I did not find an updated assessment list...I went down the list and researched to find out which ones were done and which ones are left over... [Post 1 of 2....stay tuned]
12-19-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-19-2022 Newshound Guru Walkingstick [via Frank26] China is going to accept the IQD as a form of payment in the very near future...this is going to be great for the float...
12-19-2022 Newshound Guru Militia Man Article: "Parliamentary Integrity: The amount looted in the theft of the century amounts to 8 trillion dinars" This crime is of epic proportions. The amount of theft is staggering and underway to be prosecuted at apparently the highest levels in previous government...It will have an affect in supporting the value of the Iraqi Dinar..ioo
12-19-2022 Newshound Guru Sandy Ingram Covid...Iraq almost went bankrupt - Neighbors building hundreds of dams cutting off the water flow...which has affected farming in Iraq - People learning how democracy works and how to use protest...Iran's intrusion into government affairs...getting bombed by Iran and turkey...through all of this the Iraqi CBI has managed to collect over 90 billing US dollars in the foreign currency reserves... (Iraq all paid off its debt to Kuwait $490 million in 2021...)
12-19-2022 Intel Guru Frank26 IMO We should get our own personal insurance. We should get our own insurance agents and buy insurance policies for the amount of money we have in the bank. Because FDIC is not for an American citizen. It is for the banks protection from American citizens...
12-19-2022 Guest Guru Margarita Article: ...about Bluepay. Well I went on the old google machine and found an email to the Bluepay site. I wrote one and asked how long they have been doing business in Iraq...[and] when do they turn it [the app] on... I got a response that they have been working in Iraq since October of 2021. So...they have been doing this thing for over a year now. This is the email sent to me from them. "Good day. Bluepay is live and working in all Iraq since October 2021, we have agents in all governates. We provide different classifications of visa cards, payment solutions and POC devises and other services. We would be happy to welcome you in our family. Best regards..." Then they showed their logo etc...I would love for it to be international!
12-19-2022 Intel Guru MarkZ [via PDK] [There is a rumor in Iraq that they are trying to overthrow Sudani…] They are frustrated because Sudani made promises that one of the first things he would do is change the value. …I think its more likely that Sudani would overthrow the sitting ministers at the CBI …if they don’t move forward…based on what I hear from my folks over there…
12-19-2022 Newshound Guru Clare Article: "New App allows Iraqis to trade US-Listed Stocks" Quote: "the company was recently approved by the Central Bank in Iraq (CBI) as the first and only company to offer international money transfer service...It has triggered other fintech-provided services such as a multi-currency solution that opens up a new horizon of opportunities in the
Iraqi market."
12-19-2022 Newshound Guru Pimpy They're doing what they can to combat what's going on [Iraqi dinar rate falling]...it's very interesting what we're seeing going on. The fact they still have over 90 billion in foreign currency assets is awesome and it's continuing to climb. The fact that they still have doubled their gold reserves is awesome. That's a great thing. These are the things that are needed to protect the Iraqi dinar. But they're not the only steps.
12-19-2022 Newshound/Intel Guru RVAlready This is a far different circumstance than 15 years ago. We have a PM who said the RV was his first priority...Release is getting closer.
12-19-2022 Newshound Guru Pimpy Enacting and implementing legislation to ensure equitable distribution of the hydrocarbon resources ...Not done...I know there are people out there telling you that was signed and done and it was done recently. No it wasn't. That is one of the biggies that has to get signed and implemented...3 out of the 18 are not complete. We need to disarm the militia...make sure political authorities are not undermining the Iraq security forces and the hydrocarbon law... [Post 2 of 2]
12-19-2022 Newshound Guru Pimpy Iraq is under all kinds of restriction. And even though they are out of Chapter 7 with the United Nations Security Council there are 18 items...that must be accomplished before restrictions are removed from Iraq...The list has not been updated since 2008...they're supposed to be doing an assessment every 2 years and I did not find an updated assessment list...I went down the list and researched to find out which ones were done and which ones are left over... [Post 1 of 2....stay tuned]
12-19-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-19-2022 Newshound Guru Walkingstick [via Frank26] China is going to accept the IQD as a form of payment in the very near future...this is going to be great for the float...
12-19-2022 Newshound Guru Militia Man Article: "Parliamentary Integrity: The amount looted in the theft of the century amounts to 8 trillion dinars" This crime is of epic proportions. The amount of theft is staggering and underway to be prosecuted at apparently the highest levels in previous government...It will have an affect in supporting the value of the Iraqi Dinar..ioo
12-19-2022 Newshound Guru Sandy Ingram Covid...Iraq almost went bankrupt - Neighbors building hundreds of dams cutting off the water flow...which has affected farming in Iraq - People learning how democracy works and how to use protest...Iran's intrusion into government affairs...getting bombed by Iran and turkey...through all of this the Iraqi CBI has managed to collect over 90 billing US dollars in the foreign currency reserves... (Iraq all paid off its debt to Kuwait $490 million in 2021...)
12-19-2022 Intel Guru Frank26 IMO We should get our own personal insurance. We should get our own insurance agents and buy insurance policies for the amount of money we have in the bank. Because FDIC is not for an American citizen. It is for the banks protection from American citizens...
12-19-2022 Guest Guru Margarita Article: ...about Bluepay. Well I went on the old google machine and found an email to the Bluepay site. I wrote one and asked how long they have been doing business in Iraq...[and] when do they turn it [the app] on... I got a response that they have been working in Iraq since October of 2021. So...they have been doing this thing for over a year now. This is the email sent to me from them. "Good day. Bluepay is live and working in all Iraq since October 2021, we have agents in all governates. We provide different classifications of visa cards, payment solutions and POC devises and other services. We would be happy to welcome you in our family. Best regards..." Then they showed their logo etc...I would love for it to be international!
12-19-2022 Intel Guru MarkZ [via PDK] [There is a rumor in Iraq that they are trying to overthrow Sudani…] They are frustrated because Sudani made promises that one of the first things he would do is change the value. …I think its more likely that Sudani would overthrow the sitting ministers at the CBI …if they don’t move forward…based on what I hear from my folks over there…
12-19-2022 Newshound Guru Clare Article: "New App allows Iraqis to trade US-Listed Stocks" Quote: "the company was recently approved by the Central Bank in Iraq (CBI) as the first and only company to offer international money transfer service...It has triggered other fintech-provided services such as a multi-currency solution that opens up a new horizon of opportunities in the
Iraqi market."
12-19-2022 Newshound Guru Pimpy They're doing what they can to combat what's going on [Iraqi dinar rate falling]...it's very interesting what we're seeing going on. The fact they still have over 90 billion in foreign currency assets is awesome and it's continuing to climb. The fact that they still have doubled their gold reserves is awesome. That's a great thing. These are the things that are needed to protect the Iraqi dinar. But they're not the only steps.
12-19-2022 Newshound/Intel Guru RVAlready This is a far different circumstance than 15 years ago. We have a PM who said the RV was his first priority...Release is getting closer.
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12-18-2022 Newshound Guru Pimpy There's no denying that there has been a ton of news regarding the exchange rate of the Iraqi dinar. But there are people out there mixing up the truth with BS...what is not being told to you is that the dinar is losing value as the people over there at the Central Bank are making changes to the the banking system.
12-18-2022 Intel Guru Frank26 Community comment "We could be years at a controlled float." No. IMO they'll probably get it capped within 6 months. It's going to explode the moment they get it at the international world. Everybody's going to use it. They're all salivating for it.
12-18-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-18-2022 Guest Guru KandG Vietnam is doing business internationally with less than a toilet paper exchange rate - we may need to rethink this idea that Iraq can't do international business on a program rate. I agree we see many encouraging articles showing a rate change but this particular narrative may need some additional thought IMO
12-18-2022 Newshound Guru Pimpy Al-Sudani appears to be the real deal Holyfield...a lot of things happening at the same time. Do I think they're going to change the rate anytime soon before the 5 years? We're just about to the halfway point anyways. Do I think it's gonna happen before the five years? ...I absolutely do. There's going to be some astronomical change? No. I still think it's going to go up in increment. The first step is going be to restore back to its original rate of 1190...I'm not trying to be a negative Nancy...the news I report is not negative, it's realistic...hang tight it's coming...
12-18-2022 Newshound Guru Kaperoni Iraqi economist Sumaisem stated...that Iraq can cannot return the dinar to its previous (1170) for 5 years because it's bound to the white paper...and this is an obligation for the government so it cannot begin to decrease for at least three more years.
12-18-2022 Newshound Guru Paulette the big move for Iraq is the "restructure". The RI just increases their purchasing power on the International stage...
12-18-2022 Intel Guru Frank26 If you're not prepared for the Iraqi investment to mature it might be pure hell for you when you realize what you have to go through not only with our government but with your friends and family and everybody else. You're going to be targeted. But the worst target will come from our government. Give to Uncle Sam what belongs to him. Give the rest to God...
12-18-2022 Newshound Guru Pimpy Article: "Parliamentary Legal: An extraordinary session of Parliament if it receives the budget" I've talked about this before. If they can somehow agree on the budget before the end of the year you will see an emergency session called to Parliament to pass it before the end of the year. That would be great news for the Iraqi people...
12-18-2022 Newshound/Intel Guru Mnt Goat The news this period is almost all about the corruption in Iraq and what they plan to do about it...there is no way out of these corruption schemes unless these currency auctions end. To end them they will have to reinstate the dinar and trade it globally...Why won’t the IMF or the US take responsibility and do the reinstatement? It is because of all the corruption... It all goes back to...“what comes first the cart or the horse”? In other words, do they reinstate the dinar and then hope the corruption will end or do they end the corruption first, reducing the risk of failure in the reinstatement? I believe they have taken this second option...
12-18-2022 Newshound Guru Pimpy There's no denying that there has been a ton of news regarding the exchange rate of the Iraqi dinar. But there are people out there mixing up the truth with BS...what is not being told to you is that the dinar is losing value as the people over there at the Central Bank are making changes to the the banking system.
12-18-2022 Intel Guru Frank26 Community comment "We could be years at a controlled float." No. IMO they'll probably get it capped within 6 months. It's going to explode the moment they get it at the international world. Everybody's going to use it. They're all salivating for it.
12-18-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-18-2022 Guest Guru KandG Vietnam is doing business internationally with less than a toilet paper exchange rate - we may need to rethink this idea that Iraq can't do international business on a program rate. I agree we see many encouraging articles showing a rate change but this particular narrative may need some additional thought IMO
12-18-2022 Newshound Guru Pimpy Al-Sudani appears to be the real deal Holyfield...a lot of things happening at the same time. Do I think they're going to change the rate anytime soon before the 5 years? We're just about to the halfway point anyways. Do I think it's gonna happen before the five years? ...I absolutely do. There's going to be some astronomical change? No. I still think it's going to go up in increment. The first step is going be to restore back to its original rate of 1190...I'm not trying to be a negative Nancy...the news I report is not negative, it's realistic...hang tight it's coming...
12-18-2022 Newshound Guru Kaperoni Iraqi economist Sumaisem stated...that Iraq can cannot return the dinar to its previous (1170) for 5 years because it's bound to the white paper...and this is an obligation for the government so it cannot begin to decrease for at least three more years.
12-18-2022 Newshound Guru Paulette the big move for Iraq is the "restructure". The RI just increases their purchasing power on the International stage...
12-18-2022 Intel Guru Frank26 If you're not prepared for the Iraqi investment to mature it might be pure hell for you when you realize what you have to go through not only with our government but with your friends and family and everybody else. You're going to be targeted. But the worst target will come from our government. Give to Uncle Sam what belongs to him. Give the rest to God...
12-18-2022 Newshound Guru Pimpy Article: "Parliamentary Legal: An extraordinary session of Parliament if it receives the budget" I've talked about this before. If they can somehow agree on the budget before the end of the year you will see an emergency session called to Parliament to pass it before the end of the year. That would be great news for the Iraqi people...
12-18-2022 Newshound/Intel Guru Mnt Goat The news this period is almost all about the corruption in Iraq and what they plan to do about it...there is no way out of these corruption schemes unless these currency auctions end. To end them they will have to reinstate the dinar and trade it globally...Why won’t the IMF or the US take responsibility and do the reinstatement? It is because of all the corruption... It all goes back to...“what comes first the cart or the horse”? In other words, do they reinstate the dinar and then hope the corruption will end or do they end the corruption first, reducing the risk of failure in the reinstatement? I believe they have taken this second option...
12-17-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
12-17-2022 Newshound Guru Pimpy Even it they did make an exchange rate change to something like $3.22 it doesn't do us no good because we have to have a place to go swap it. We have to make sure that they're off the restrictions. That's something we need to keep an eye on...
12-17-2022 Intel Guru Frank26 Iraq is desperate financially. They have money. They've got lots of money and untapped money too. But they can't legally use it until they fulfill the Paris Club agreement.
12-17-2022 Intel Guru MarkZ [via PDK] I still don’t think it will float…I think the rate is going to be set…
12-17-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-17-2022 Newshound Guru Militia Man Article "Minister of Transport: We aspire to enhance the investment environment in Iraq " The transport of any country is very important for the Private Sector.. The major players in an infrastructure build out for a country post war is a critical sector...The country is looking to be fully committed now to open up internationally and transportation is a key component.. This is a good thing for investors of the Iraq Dinar.
12-17-2022 Newshound/Intel Guru Walkingstick [via Frank26] Question "What is the exchange rate of the dinar?" It depends...the exchange rate of the Iraqi dinar in county is 1460 but the Iraqi dinar is actually outside of the country right now in many of the exchange markets...Forex uses a decimal system...the rate of the Iraqi dinar outside of Iraq and it's used in international trade is .000859 whatever it is now. They deal in decimal points commonly called Phils...when you ask what is the exchange rate of the Iraqi dinar it's the way it is depicted. One is depicted with a decimal point - external outside of Iraq . And the other is in country and that's 1460.
12-17-2022 Newshound Guru Pimpy Article: "Central Bank: The cash reserves has reached its highest level in the history of the Iraqi state" This is awesome. This is another one of those things that Iraq needs to do to strengthen its' currency...this is great news.
12-17-2022 Newshound Guru Clare Article: "A slight decline in the exchange rate of the dollar" Quote: "The exchange rates of the dollar witnessed, on Saturday, December 17, 2022, a slight decrease in the local markets."
12-17-2022 Intel Guru MarkZ [via PDK] “USD/IQD rate stabilizes in Baghdad and drops in Erbil” It appears that we are at least moving to a float in the local market…I am still hearing though that we will be covered by a contract rate when it goes. I take this as an exceptionally good sign. I was always told it would start to fluctuate right before it goes…so to me this is fitting with everything I have been told about. We know they are moving forward and there is a lot of pressure on them. Getting the rate value increased is a regular conversation in Iraq. There is chatter and lots of pressure on the government of Iraq who has completed everything…now the CBI governor will certainly be tossed out on his ear if they do not move forward quickly.
12-17-2022 Newshound Guru Pimpy Article: "Temporary Order. The Prime Minister's Office Clarifies The Rise In The Exchange Rate Of The Dollar" That's the wrong direction. If the dollar is rising against the dinar that means the dinar is losing value. We don't want that to happen. Having said that, Iraq is getting their crap together. There are some hurdles preventing Iraq from moving forward as quickly as we would like but it's also causing some instability in the Iraqi dinar. Just ride the roller coaster out. Now that we know what's going on they're making some major changes in the Iraqi banking system...
12-17-2022 Intel Guru Frank26 Question: "How long will Iraq allow the 3-zero notes to be out there?" Probably a long time. Why? Because the satellite banks that they established around the world need to vacuum these back into the CBI. If you go to an American Bank the dinars will go to the United States Treasury in our foreign reserves. If you go to one of the satellite banks from the CBI somewhere in the U.S of A your dinars go back to the CBI.
12-17-2022 Newshound/Intel Guru David M. Witty Iraqi PM Sudani’s office: the increase in the dollar exchange rate is temporary. Our financial situation is in the best of circumstances.
12-17-2022 Intel Guru Sheila …in the middle east...they are having the cross border payment transfers and the exchange rates pretty much around the globe now. It’s starting to unwind…there was a meeting on Thanksgiving day that was a big change. Things are moving…I just want to wish everyone a Merry Christmas and know things are well on its way…this is going to be a great holiday...
12-17-2022 Newshound Guru Pimpy Even it they did make an exchange rate change to something like $3.22 it doesn't do us no good because we have to have a place to go swap it. We have to make sure that they're off the restrictions. That's something we need to keep an eye on...
12-17-2022 Intel Guru Frank26 Iraq is desperate financially. They have money. They've got lots of money and untapped money too. But they can't legally use it until they fulfill the Paris Club agreement.
12-17-2022 Intel Guru MarkZ [via PDK] I still don’t think it will float…I think the rate is going to be set…
12-17-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-17-2022 Newshound Guru Militia Man Article "Minister of Transport: We aspire to enhance the investment environment in Iraq " The transport of any country is very important for the Private Sector.. The major players in an infrastructure build out for a country post war is a critical sector...The country is looking to be fully committed now to open up internationally and transportation is a key component.. This is a good thing for investors of the Iraq Dinar.
12-17-2022 Newshound/Intel Guru Walkingstick [via Frank26] Question "What is the exchange rate of the dinar?" It depends...the exchange rate of the Iraqi dinar in county is 1460 but the Iraqi dinar is actually outside of the country right now in many of the exchange markets...Forex uses a decimal system...the rate of the Iraqi dinar outside of Iraq and it's used in international trade is .000859 whatever it is now. They deal in decimal points commonly called Phils...when you ask what is the exchange rate of the Iraqi dinar it's the way it is depicted. One is depicted with a decimal point - external outside of Iraq . And the other is in country and that's 1460.
12-17-2022 Newshound Guru Pimpy Article: "Central Bank: The cash reserves has reached its highest level in the history of the Iraqi state" This is awesome. This is another one of those things that Iraq needs to do to strengthen its' currency...this is great news.
12-17-2022 Newshound Guru Clare Article: "A slight decline in the exchange rate of the dollar" Quote: "The exchange rates of the dollar witnessed, on Saturday, December 17, 2022, a slight decrease in the local markets."
12-17-2022 Intel Guru MarkZ [via PDK] “USD/IQD rate stabilizes in Baghdad and drops in Erbil” It appears that we are at least moving to a float in the local market…I am still hearing though that we will be covered by a contract rate when it goes. I take this as an exceptionally good sign. I was always told it would start to fluctuate right before it goes…so to me this is fitting with everything I have been told about. We know they are moving forward and there is a lot of pressure on them. Getting the rate value increased is a regular conversation in Iraq. There is chatter and lots of pressure on the government of Iraq who has completed everything…now the CBI governor will certainly be tossed out on his ear if they do not move forward quickly.
12-17-2022 Newshound Guru Pimpy Article: "Temporary Order. The Prime Minister's Office Clarifies The Rise In The Exchange Rate Of The Dollar" That's the wrong direction. If the dollar is rising against the dinar that means the dinar is losing value. We don't want that to happen. Having said that, Iraq is getting their crap together. There are some hurdles preventing Iraq from moving forward as quickly as we would like but it's also causing some instability in the Iraqi dinar. Just ride the roller coaster out. Now that we know what's going on they're making some major changes in the Iraqi banking system...
12-17-2022 Intel Guru Frank26 Question: "How long will Iraq allow the 3-zero notes to be out there?" Probably a long time. Why? Because the satellite banks that they established around the world need to vacuum these back into the CBI. If you go to an American Bank the dinars will go to the United States Treasury in our foreign reserves. If you go to one of the satellite banks from the CBI somewhere in the U.S of A your dinars go back to the CBI.
12-17-2022 Newshound/Intel Guru David M. Witty Iraqi PM Sudani’s office: the increase in the dollar exchange rate is temporary. Our financial situation is in the best of circumstances.
12-17-2022 Intel Guru Sheila …in the middle east...they are having the cross border payment transfers and the exchange rates pretty much around the globe now. It’s starting to unwind…there was a meeting on Thanksgiving day that was a big change. Things are moving…I just want to wish everyone a Merry Christmas and know things are well on its way…this is going to be a great holiday...
12-16-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
12-16-2022 Newshound Guru Pimpy Article: "Dollar exchange rates jump to 151,000 dinars on Baghdad Stock Exchange" That's the wrong direction... we definitely want it to go another direction...we need this number 151,000 to go down bigly...
12-16-2022 Intel Guru MarkZ [via PDK] ...I have not been this excited about the RV front in a long time. I am almost giddy with the movement I am seeing.
12-16-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-16-2022 Intel Guru Frank26 The 800# you really should be thinking about is the United States Treasury...The U.S. Treasury is going to tell you when you call them where you can go to exchange your Iraqi dinar. Don't you think they want the Iraqi dinar for the treasury? Yeah. [NOTE: If/when the dinar changes in value or banking access to the dinar changes we'll inform you and the Dinar Guru community...you're in the right place.]
12-16-2022 Newshound/Intel Guru Walkingstick [via Frank26] Why was the 2023 budget sent back to the prime minister and not sent to the parliament for a vote? Apparently we can sidestep the president's signature and wait for two weeks. Maybe Sudani wanted to add more to it via the meetings he had with the CBI...
12-16-2022 Newshound Guru Clare Article: "Central Bank: The cash reserve has reached its highest level in the history of the Iraqi state" Quote: "the central bank's reserves have reached their highest levels in the history of the Iraqi state and have exceeded 90 billion dollars,"
12-16-2022 Newshound Guru Pimpy As I've explained before there's too much Iraqi dinar that's in the hands of the corrupt. The best way and the quickest way to end that and to assure people don't get rich off of stealing the Iraqi dinar is going to be to redenominate it. If they're going to go ahead and redenominate it and make new bills, they might as well go ahead and do the deletion of the zeros. [Post 2 of 2]
12-16-2022 Newshound Guru Pimpy Here's what it is I'm anticipation that's going to happen. Once the United Nations absolutely positively removes these [UNSC Chapter 7] resolutions and there's no longer any restrictions on Iraq and...their currency and we see that the Iraqi dinar can now be bought and sold in our county freely with no issues then I'm going to anticipate Iraq to start doing the redenomination and the deletion of the zeros. [Post 1 of 2....stay tuned]
12-16-2022 Newshound Guru Kaperoni A clear statement from the Central Bank of Iraq tonight stating it is their responsibility to stimulate the economy according to tools of monetary policy. This cannot be achieved without joint coordination and activating the real economy and diversifying sources of income. In other words, the dinars value is directly related to the success and growth of Iraq's economy. Until that happens the dinar will remain weak.
12-16-2022 Intel Guru MarkZ [via PDK] “Al Rafidain confirms the launch of its predecessor electronically at the beginning of next year” ...they are going to start paying people electronically beginning of next year…i take this as very positive sign…. The biggest reason they want to adjust the value or reinstate the value of the dinar to it’s “ former glory ” because they want to take care of their retirees. They want to revalue now.
12-16-2022 Newshound Guru Sandy Ingram Article: "Iraq recovers $7.9 billion in surplus war reparation from Kuwait" This fund was set up to compensate Kuwait for Iraq's invasions of the country in 1990. The amount was returned to Iraq after an audit by the Security Council...
12-16-2022 Newshound Guru Pimpy Great news over the last couple of days...I think these are major steps that were needed in order for Iraq to once again be accepted by the international community and their currency be recognized. I keep stating, even if they did make a change to the Iraqi dinar exchange rate what good is it going to do if we are dealing with restricted currencies. Did what Iraq just recently do take care of that issue? We're gonna find out...
12-16-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI has been having meetings with everyone! FRANK: That's exciting because if you look at the people he's meeting with these are the right people...they are all part of the reforms both economic and monetary. Yeah, I'm excited to see what is happening in this month of December.
12-16-2022 Intel Guru MarkZ [via PDK] I do not believe we will be paying taxes on this…we don’t pay taxes on currency exchanges now. None of my sources think we will have taxes on this…but, be prepared just in case. [Always consult your tax professional at the appropriate time]
12-16-2022 Newshound Guru Pimpy Article: "Dollar exchange rates jump to 151,000 dinars on Baghdad Stock Exchange" That's the wrong direction... we definitely want it to go another direction...we need this number 151,000 to go down bigly...
12-16-2022 Intel Guru MarkZ [via PDK] ...I have not been this excited about the RV front in a long time. I am almost giddy with the movement I am seeing.
12-16-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-16-2022 Intel Guru Frank26 The 800# you really should be thinking about is the United States Treasury...The U.S. Treasury is going to tell you when you call them where you can go to exchange your Iraqi dinar. Don't you think they want the Iraqi dinar for the treasury? Yeah. [NOTE: If/when the dinar changes in value or banking access to the dinar changes we'll inform you and the Dinar Guru community...you're in the right place.]
12-16-2022 Newshound/Intel Guru Walkingstick [via Frank26] Why was the 2023 budget sent back to the prime minister and not sent to the parliament for a vote? Apparently we can sidestep the president's signature and wait for two weeks. Maybe Sudani wanted to add more to it via the meetings he had with the CBI...
12-16-2022 Newshound Guru Clare Article: "Central Bank: The cash reserve has reached its highest level in the history of the Iraqi state" Quote: "the central bank's reserves have reached their highest levels in the history of the Iraqi state and have exceeded 90 billion dollars,"
12-16-2022 Newshound Guru Pimpy As I've explained before there's too much Iraqi dinar that's in the hands of the corrupt. The best way and the quickest way to end that and to assure people don't get rich off of stealing the Iraqi dinar is going to be to redenominate it. If they're going to go ahead and redenominate it and make new bills, they might as well go ahead and do the deletion of the zeros. [Post 2 of 2]
12-16-2022 Newshound Guru Pimpy Here's what it is I'm anticipation that's going to happen. Once the United Nations absolutely positively removes these [UNSC Chapter 7] resolutions and there's no longer any restrictions on Iraq and...their currency and we see that the Iraqi dinar can now be bought and sold in our county freely with no issues then I'm going to anticipate Iraq to start doing the redenomination and the deletion of the zeros. [Post 1 of 2....stay tuned]
12-16-2022 Newshound Guru Kaperoni A clear statement from the Central Bank of Iraq tonight stating it is their responsibility to stimulate the economy according to tools of monetary policy. This cannot be achieved without joint coordination and activating the real economy and diversifying sources of income. In other words, the dinars value is directly related to the success and growth of Iraq's economy. Until that happens the dinar will remain weak.
12-16-2022 Intel Guru MarkZ [via PDK] “Al Rafidain confirms the launch of its predecessor electronically at the beginning of next year” ...they are going to start paying people electronically beginning of next year…i take this as very positive sign…. The biggest reason they want to adjust the value or reinstate the value of the dinar to it’s “ former glory ” because they want to take care of their retirees. They want to revalue now.
12-16-2022 Newshound Guru Sandy Ingram Article: "Iraq recovers $7.9 billion in surplus war reparation from Kuwait" This fund was set up to compensate Kuwait for Iraq's invasions of the country in 1990. The amount was returned to Iraq after an audit by the Security Council...
12-16-2022 Newshound Guru Pimpy Great news over the last couple of days...I think these are major steps that were needed in order for Iraq to once again be accepted by the international community and their currency be recognized. I keep stating, even if they did make a change to the Iraqi dinar exchange rate what good is it going to do if we are dealing with restricted currencies. Did what Iraq just recently do take care of that issue? We're gonna find out...
12-16-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI has been having meetings with everyone! FRANK: That's exciting because if you look at the people he's meeting with these are the right people...they are all part of the reforms both economic and monetary. Yeah, I'm excited to see what is happening in this month of December.
12-16-2022 Intel Guru MarkZ [via PDK] I do not believe we will be paying taxes on this…we don’t pay taxes on currency exchanges now. None of my sources think we will have taxes on this…but, be prepared just in case. [Always consult your tax professional at the appropriate time]
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12-15-2022 Newshound/Intel Guru Walkingstick [via Frank26] This thing about Sudani receiving the budget, he's making little tweaks because he had some conversations with the CBI.
12-15-2022 Intel Guru MarkZ [via PDK] [Why do you think we will see the RV and not a float happen?] Because they want us to think the float is going to happen…a float in Iraq will not fix the problems of the world…it will help the Iraqi people but the Iraqi dinar is one of the biggest pistons in the GCR…. So that and the fact that a majority of my exchange related contacts bankers and paymasters are absolutely convinced we will have the full blown RV and not a float.
12-15-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-15-2022 Intel Guru Frank26 IOO the [New] ATMs are not the ATMs the citizens are going to right now. There are old ATMs that are dispensing the old 3-zero notes. There are thousands of ATMs that are just sitting there.
12-15-2022 Newshound Guru Pimpy The draft budget has been sent forward. So far there doesn't seem to be any changes that need to take place. There is an actual decent chance this budget might be passed before the end of this year.
12-15-2022 Newshound Guru Militia Man Article "The budget law may interrupt the legislative recess of the House of Representatives" What is not to like about this and the timing of it. The PM has the final touches to the Draft Law.
12-15-2022 Newshound Guru Paulette It is very possible that the CBI may "restructure" the currency before Parliament receives the budget for the "1st Reading ". At least, that is what I am hopeful for...I...am glad that Parliament did not receive the budget prior to adjourning for their required 30 day break. IMSO, this bodes well for seeing the "restructure" occur before Parliament returns. This is the step I have waited for as it will determine much about the potential windfall of this "speculative investment"
12-15-2022 Newshound/Intel Guru Walkingstick [via Frank26] A pairing is what we now are looking for...because it will start to reveal what the Iraqi dinar is doing is a float...the pairing will lead the Iraqi dinar to an exchange rate equivalence...the IMF and the U.S. treasury...will only allow the float to be a plus or minus 2% to 3%...until they cap it.
12-15-2022 Intel Guru Frank26 "International". There is no other word for us to be interesting in right now...It's so important that you understand Iraq is reaching to the international world. Their arms are wide open. They're hugging everybody...international. This is powerful.
12-15-2022 Newshound Guru Pimpy With all this speculation going on with the exchange rate you really have to question what is really going on. Are these individuals who are privy to the truth about the exchange rate and that some change might be taking place, therefore they're starting all kinds of speculator rumors which drives up the value of the dollar against the Iraqi dinar allowing people to buy more dinar for the dollars because they anticipate a change in the rate that would benefit the dinar...?
12-15-2022 Newshound Guru Clare Article: "The International Monetary Fund: the reserves of the Central Bank of Iraq will rise to 100 billion dollars"
12-15-2022 Intel Guru MarkZ [via PDK] There is a whole lot coming out of Iraq right now and holy smokes it has been an interesting overnight and early morning already. Things have lit up overnight...We know they have finished all their requirements and now it looks like they are off “stuck” and moving quickly... What I am hearing coming out of the banking side. Meetings started yesterday late in the evening…as they try to prepare for this...I don’t have any timing from bankers yet…they were still in meetings late last night. I cannot wait to get updates today.
12-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We were told that the last payment for Kuwait has been made. It was paid off yesterday... FRANK: To see Kuwait is finally satisfied with the restitution that Iraq needed to do with them because this is one of the precursors of the new exchange rate through the IMF...is exciting. I can see your excitement.
12-15-2022 Newshound Guru Pimpy ...The UN Council removed them out of Chapter 7 but they still left on all the damn restrictions. What good was it? They still needed some of these resolutions to be removed...They have now paid the last remaining balance of the debt owed. Let's see if the United Nations moves quick enough... Quote: "the composition file was finally closed after Security Council resolution 2621 of 2022." They are done people. We're just waiting to see what it is the United Nations does. [Post 2 of 2]
12-15-2022 Newshound Guru Pimpy Article: "Iraq is looking forward to a development leap after turning the page on Kuwait's compensation" Iraq is done with Kuwait...this opens up a ton of doors for Iraq...it's a...huge positive step towards any real major changes to the revaluation of the Iraqi dinar... Quote: "we are expecting a resolution from the United Nations Security Council at the beginning or this year to remove Iraq from the problems of Chapter 7...and to get rid of more than 40 resolutions imposed on it because of the Kuwait War...getting rid of article 7 opens up great opportunities for Iraq to integrate into the global community." [Post 1 of 2....stay tuned]
12-15-2022 Intel Guru MarkZ [via PDK] “Central Bank of Iraq auctions more than 138 million in foreign reserves today“ Why do I bring this up? The transactions were made in a 1460 dinar to one dollar. This is the official rate according to the CBI and forex right now. There is a “parallel market” on the streets. Venders and the ISX-Iraqi stock exchange are different then what the CBI presents to the world…. This is our first hints that Iraq is pushing towards a float…at least internally.
12-15-2022 Newshound/Intel Guru Mnt Goat The IQD from Iraq...MUST be reinstated in order for Iraq to progress forward with any success to the global markets if this is what they truly desire and they tell us this is where they want to go. But they will have to overcome the puppetry of Iran first. This RV journey will end and I can...see the road ahead. I can see the end point now and it is not long off. The pressure is building and now even many more economists are now pushing for the FOREX reinstatement...
12-15-2022 Newshound/Intel Guru Walkingstick [via Frank26] This thing about Sudani receiving the budget, he's making little tweaks because he had some conversations with the CBI.
12-15-2022 Intel Guru MarkZ [via PDK] [Why do you think we will see the RV and not a float happen?] Because they want us to think the float is going to happen…a float in Iraq will not fix the problems of the world…it will help the Iraqi people but the Iraqi dinar is one of the biggest pistons in the GCR…. So that and the fact that a majority of my exchange related contacts bankers and paymasters are absolutely convinced we will have the full blown RV and not a float.
12-15-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-15-2022 Intel Guru Frank26 IOO the [New] ATMs are not the ATMs the citizens are going to right now. There are old ATMs that are dispensing the old 3-zero notes. There are thousands of ATMs that are just sitting there.
12-15-2022 Newshound Guru Pimpy The draft budget has been sent forward. So far there doesn't seem to be any changes that need to take place. There is an actual decent chance this budget might be passed before the end of this year.
12-15-2022 Newshound Guru Militia Man Article "The budget law may interrupt the legislative recess of the House of Representatives" What is not to like about this and the timing of it. The PM has the final touches to the Draft Law.
12-15-2022 Newshound Guru Paulette It is very possible that the CBI may "restructure" the currency before Parliament receives the budget for the "1st Reading ". At least, that is what I am hopeful for...I...am glad that Parliament did not receive the budget prior to adjourning for their required 30 day break. IMSO, this bodes well for seeing the "restructure" occur before Parliament returns. This is the step I have waited for as it will determine much about the potential windfall of this "speculative investment"
12-15-2022 Newshound/Intel Guru Walkingstick [via Frank26] A pairing is what we now are looking for...because it will start to reveal what the Iraqi dinar is doing is a float...the pairing will lead the Iraqi dinar to an exchange rate equivalence...the IMF and the U.S. treasury...will only allow the float to be a plus or minus 2% to 3%...until they cap it.
12-15-2022 Intel Guru Frank26 "International". There is no other word for us to be interesting in right now...It's so important that you understand Iraq is reaching to the international world. Their arms are wide open. They're hugging everybody...international. This is powerful.
12-15-2022 Newshound Guru Pimpy With all this speculation going on with the exchange rate you really have to question what is really going on. Are these individuals who are privy to the truth about the exchange rate and that some change might be taking place, therefore they're starting all kinds of speculator rumors which drives up the value of the dollar against the Iraqi dinar allowing people to buy more dinar for the dollars because they anticipate a change in the rate that would benefit the dinar...?
12-15-2022 Newshound Guru Clare Article: "The International Monetary Fund: the reserves of the Central Bank of Iraq will rise to 100 billion dollars"
12-15-2022 Intel Guru MarkZ [via PDK] There is a whole lot coming out of Iraq right now and holy smokes it has been an interesting overnight and early morning already. Things have lit up overnight...We know they have finished all their requirements and now it looks like they are off “stuck” and moving quickly... What I am hearing coming out of the banking side. Meetings started yesterday late in the evening…as they try to prepare for this...I don’t have any timing from bankers yet…they were still in meetings late last night. I cannot wait to get updates today.
12-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We were told that the last payment for Kuwait has been made. It was paid off yesterday... FRANK: To see Kuwait is finally satisfied with the restitution that Iraq needed to do with them because this is one of the precursors of the new exchange rate through the IMF...is exciting. I can see your excitement.
12-15-2022 Newshound Guru Pimpy ...The UN Council removed them out of Chapter 7 but they still left on all the damn restrictions. What good was it? They still needed some of these resolutions to be removed...They have now paid the last remaining balance of the debt owed. Let's see if the United Nations moves quick enough... Quote: "the composition file was finally closed after Security Council resolution 2621 of 2022." They are done people. We're just waiting to see what it is the United Nations does. [Post 2 of 2]
12-15-2022 Newshound Guru Pimpy Article: "Iraq is looking forward to a development leap after turning the page on Kuwait's compensation" Iraq is done with Kuwait...this opens up a ton of doors for Iraq...it's a...huge positive step towards any real major changes to the revaluation of the Iraqi dinar... Quote: "we are expecting a resolution from the United Nations Security Council at the beginning or this year to remove Iraq from the problems of Chapter 7...and to get rid of more than 40 resolutions imposed on it because of the Kuwait War...getting rid of article 7 opens up great opportunities for Iraq to integrate into the global community." [Post 1 of 2....stay tuned]
12-15-2022 Intel Guru MarkZ [via PDK] “Central Bank of Iraq auctions more than 138 million in foreign reserves today“ Why do I bring this up? The transactions were made in a 1460 dinar to one dollar. This is the official rate according to the CBI and forex right now. There is a “parallel market” on the streets. Venders and the ISX-Iraqi stock exchange are different then what the CBI presents to the world…. This is our first hints that Iraq is pushing towards a float…at least internally.
12-15-2022 Newshound/Intel Guru Mnt Goat The IQD from Iraq...MUST be reinstated in order for Iraq to progress forward with any success to the global markets if this is what they truly desire and they tell us this is where they want to go. But they will have to overcome the puppetry of Iran first. This RV journey will end and I can...see the road ahead. I can see the end point now and it is not long off. The pressure is building and now even many more economists are now pushing for the FOREX reinstatement...
12-14-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
12-14-2022 Intel Guru Frank26 Question: "I understand that they have 720 trillion dinars in existence how can this quantity be revalued to even 1 to 1 to the American dollar?" You change the physical currency. Instead of a 25000, you have a 25 note. But you don't just change the currency. You also change the exchange rate...You're changing physically the currency but you're changing the rate...
12-14-2022 Intel Guru MarkZ [via PDK] I am also hearing from my contacts in the QFS [Quantum Financial System] team. They are looking at a very short window of “This Week” to release. We will see if that pans out. These are the same group that tells me to “trust the plan” and this group feels the next couple days will be huge...That the green light has officially been given and we are about to see all kinds of craziness kick off. I am ... hopeful they are accurate... [post 2 of 2]
12-14-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-14-2022 Intel Guru MarkZ [via PDK] “US IQD rates close higher in Baghdad” They close at a higher rate in Erbil and Baghdad today. This is some of the biggest divergence we have seen…. We are starting to see a spread and a push in the markets which will force the CBI to do something. Will that be to officially repeg the currency? If they don’t they run the risk of letting inflation run...the CBI is prepared and ready. [post 1 of 2....stay tuned]
12-14-2022 Newshound Guru Clare Article: "Al-Mandalawi: Quick and decisive measures to stop the rise in the dollar exchange rate" Quote: "To protect citizens and prevent this from being reflected in the Iraqi markets, the measures that will be taken by us and by the prime minister and the central bank will be quick and decisive in stopping the escalation in the dollar exchange rate."
12-14-2022 Newshound Guru Pimpy Article: "The Central Bank launches an electronic platform for buying and selling the dollar next month" This is going to probably alleviate a lot of the corruption involved with the currency auctions. There's no guarantee...but it should...the more they become updated...the less likely we have of corruption.
12-14-2022 Newshound Guru Breitling What's Iraq looking at? They're looking at the markets - where can they get the most customers and that's it. They have two things in front of them. Adding value to their currency and where can they get the most customers. So they're looking at the GP2 and IPEF. They're looking at 62% of the worlds population that is part of those trade groups and 40% of the world GDP. They're going to build a policy based on those numbers. That's it.
12-14-2022 Intel Guru MarkZ [via PDK] [I don’t understand what an RI or RV is.] A reinstatement would be going back to an original rate…a RV or revaluation would be a rate different than that…and a float is somewhere in between.
12-14-2022 Newshound Guru Kaperoni The dinar has no restrictions. The banking system remains under IMF Article XIV...Iraq still needs to meet some compliance issues and receive approval from the IMF in order to move to IMF Article VIII...
12-14-2022 Newshound Guru Pimpy Article: "Parliamentary legal hints at an "emergency" session to approve the 2023 budget" If this thing can somehow get approved by Al-Sadini and then the House of Representative takes a look at it and [if] everybody's pretty happy, you can see an emergency session be called in and people vote on it right away. The sooner the better...
12-14-2022 Newshound/Intel Guru Walkingstick [via Frank26] The new ATMs have the software for the new small category notes. I don't know if the new small category notes are in it. But I can guarantee they do have the software for the new small category notes. That's why they are not online as of yet. The software for the new small category notes is already programed into these machines and is ready to go active any time.
12-14-2022 Intel Guru MarkZ [via PDK] ...we are watching exactly what I was told to look for years ago…the crazy back and forth news on values … This weakening of the dinar could be them trying to get more dinar off the streets before coming out with a float. We are trying to make heads or tails out of all of this because we are also seeing on some foreign currency exchanges some crazy values on the dinar…where its worth $6-$7 dollars…to $4 dollars…but nobody is trading it…and we are seeing those rates and fluctuations…on several kinds of currencies…not just Iraq. ...I think they are priming us for value changes…and more than one. This makes me feel a little more warm and fuzzy that maybe Iraq won’t be going alone? They have not changed values yet and we cannot go exchange yet…there is still possibilities of a float… [post 2 of 2]
12-14-2022 Intel Guru MarkZ [via PDK] ...on the forex…we are starting to see some very strange values popping up. Nobody is exchanging…and values have not officially changed…Maybe they are priming the system? It is not yet what we are looking for. There are some real ping pong games going on with the forex. Makes us wonder “why?” It appears from the outside looking in…and from conversations from people on the ground in Iraq that the markets are trying to force the CBI to move. At this point I’m confused at what is playing out. We seem to be watching the de coupling as things start to move…and I was told there would be a “dip” in the dinar right before the revalue. And that is what we are seeing... [post 1 of 2....stay tuned]
12-14-2022 Newshound Guru Clare Article: "Planning: Al-Sudani issued directives to address the effects of changing the exchange rate of the dollar" Quote: "the Ministry of Planning revealed the issuance of directives from Prime Minister Mohamed Shia Al-Sudani related to addressing the effects of changing the exchange rate of the dollar...the effects of changing the exchange rate are not all negative," stressing that "there is no agreement, whether in the House of Representatives or in the Central Bank, to change the
exchange rate"
12-14-2022 Intel Guru Frank26 They are increasing the value of the IQD against the American dollar. It will be a gradual float. They kicked the American dollar out of Iraq's markets/circulation last week...The IQD is being setup/poised/prepared to lead the Middle East as a currency hub...
12-14-2022 Newshound Guru Pimpy This article keeps touching bases on a group of speculators who continue to try...to drive the value of the dollar up while driving the value of the Iraqi dinar down...Why would they do that? Is it possible these people know there's going to be a change in the exchange rate...? So by stirring up all kinds of rumors...you can get more Iraqi dinars for your dollar...Is it possible some very corrupt people are trying to buy the Iraq dinar for cheaper dollars knowing in advance that their rate might change? [Post 2 of 2]
12-14-2022 Newshound Guru Pimpy Article: "The talk of the exchange rate invades the Iraqi sessions...and the currency auction is the window for whitening the dollar" We all know there's lots of individuals who are politically connected and pick up on information they most likely shouldn't have. There's been a lot of meetings with the governor of the Central Bank of Iraq. There's no doubt they've been talking about changing the Iraqi currency... [Post 1 of 2....stay tuned]
12-14-2022 Newshound Guru Clare Article: "The application of international trade exchange for the Middle East transforms Iraq into an "electronic financial exchange center" Quote: "The pioneering services will provide new horizons for the Iraqi market in ten foreign currencies, including the US dollar and the Iraqi dinar."
12-14-2022 Intel Guru Frank26 Question: "I understand that they have 720 trillion dinars in existence how can this quantity be revalued to even 1 to 1 to the American dollar?" You change the physical currency. Instead of a 25000, you have a 25 note. But you don't just change the currency. You also change the exchange rate...You're changing physically the currency but you're changing the rate...
12-14-2022 Intel Guru MarkZ [via PDK] I am also hearing from my contacts in the QFS [Quantum Financial System] team. They are looking at a very short window of “This Week” to release. We will see if that pans out. These are the same group that tells me to “trust the plan” and this group feels the next couple days will be huge...That the green light has officially been given and we are about to see all kinds of craziness kick off. I am ... hopeful they are accurate... [post 2 of 2]
12-14-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-14-2022 Intel Guru MarkZ [via PDK] “US IQD rates close higher in Baghdad” They close at a higher rate in Erbil and Baghdad today. This is some of the biggest divergence we have seen…. We are starting to see a spread and a push in the markets which will force the CBI to do something. Will that be to officially repeg the currency? If they don’t they run the risk of letting inflation run...the CBI is prepared and ready. [post 1 of 2....stay tuned]
12-14-2022 Newshound Guru Clare Article: "Al-Mandalawi: Quick and decisive measures to stop the rise in the dollar exchange rate" Quote: "To protect citizens and prevent this from being reflected in the Iraqi markets, the measures that will be taken by us and by the prime minister and the central bank will be quick and decisive in stopping the escalation in the dollar exchange rate."
12-14-2022 Newshound Guru Pimpy Article: "The Central Bank launches an electronic platform for buying and selling the dollar next month" This is going to probably alleviate a lot of the corruption involved with the currency auctions. There's no guarantee...but it should...the more they become updated...the less likely we have of corruption.
12-14-2022 Newshound Guru Breitling What's Iraq looking at? They're looking at the markets - where can they get the most customers and that's it. They have two things in front of them. Adding value to their currency and where can they get the most customers. So they're looking at the GP2 and IPEF. They're looking at 62% of the worlds population that is part of those trade groups and 40% of the world GDP. They're going to build a policy based on those numbers. That's it.
12-14-2022 Intel Guru MarkZ [via PDK] [I don’t understand what an RI or RV is.] A reinstatement would be going back to an original rate…a RV or revaluation would be a rate different than that…and a float is somewhere in between.
12-14-2022 Newshound Guru Kaperoni The dinar has no restrictions. The banking system remains under IMF Article XIV...Iraq still needs to meet some compliance issues and receive approval from the IMF in order to move to IMF Article VIII...
12-14-2022 Newshound Guru Pimpy Article: "Parliamentary legal hints at an "emergency" session to approve the 2023 budget" If this thing can somehow get approved by Al-Sadini and then the House of Representative takes a look at it and [if] everybody's pretty happy, you can see an emergency session be called in and people vote on it right away. The sooner the better...
12-14-2022 Newshound/Intel Guru Walkingstick [via Frank26] The new ATMs have the software for the new small category notes. I don't know if the new small category notes are in it. But I can guarantee they do have the software for the new small category notes. That's why they are not online as of yet. The software for the new small category notes is already programed into these machines and is ready to go active any time.
12-14-2022 Intel Guru MarkZ [via PDK] ...we are watching exactly what I was told to look for years ago…the crazy back and forth news on values … This weakening of the dinar could be them trying to get more dinar off the streets before coming out with a float. We are trying to make heads or tails out of all of this because we are also seeing on some foreign currency exchanges some crazy values on the dinar…where its worth $6-$7 dollars…to $4 dollars…but nobody is trading it…and we are seeing those rates and fluctuations…on several kinds of currencies…not just Iraq. ...I think they are priming us for value changes…and more than one. This makes me feel a little more warm and fuzzy that maybe Iraq won’t be going alone? They have not changed values yet and we cannot go exchange yet…there is still possibilities of a float… [post 2 of 2]
12-14-2022 Intel Guru MarkZ [via PDK] ...on the forex…we are starting to see some very strange values popping up. Nobody is exchanging…and values have not officially changed…Maybe they are priming the system? It is not yet what we are looking for. There are some real ping pong games going on with the forex. Makes us wonder “why?” It appears from the outside looking in…and from conversations from people on the ground in Iraq that the markets are trying to force the CBI to move. At this point I’m confused at what is playing out. We seem to be watching the de coupling as things start to move…and I was told there would be a “dip” in the dinar right before the revalue. And that is what we are seeing... [post 1 of 2....stay tuned]
12-14-2022 Newshound Guru Clare Article: "Planning: Al-Sudani issued directives to address the effects of changing the exchange rate of the dollar" Quote: "the Ministry of Planning revealed the issuance of directives from Prime Minister Mohamed Shia Al-Sudani related to addressing the effects of changing the exchange rate of the dollar...the effects of changing the exchange rate are not all negative," stressing that "there is no agreement, whether in the House of Representatives or in the Central Bank, to change the
exchange rate"
12-14-2022 Intel Guru Frank26 They are increasing the value of the IQD against the American dollar. It will be a gradual float. They kicked the American dollar out of Iraq's markets/circulation last week...The IQD is being setup/poised/prepared to lead the Middle East as a currency hub...
12-14-2022 Newshound Guru Pimpy This article keeps touching bases on a group of speculators who continue to try...to drive the value of the dollar up while driving the value of the Iraqi dinar down...Why would they do that? Is it possible these people know there's going to be a change in the exchange rate...? So by stirring up all kinds of rumors...you can get more Iraqi dinars for your dollar...Is it possible some very corrupt people are trying to buy the Iraq dinar for cheaper dollars knowing in advance that their rate might change? [Post 2 of 2]
12-14-2022 Newshound Guru Pimpy Article: "The talk of the exchange rate invades the Iraqi sessions...and the currency auction is the window for whitening the dollar" We all know there's lots of individuals who are politically connected and pick up on information they most likely shouldn't have. There's been a lot of meetings with the governor of the Central Bank of Iraq. There's no doubt they've been talking about changing the Iraqi currency... [Post 1 of 2....stay tuned]
12-14-2022 Newshound Guru Clare Article: "The application of international trade exchange for the Middle East transforms Iraq into an "electronic financial exchange center" Quote: "The pioneering services will provide new horizons for the Iraqi market in ten foreign currencies, including the US dollar and the Iraqi dinar."
12-13-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
12-13-2022 Intel Guru MarkZ [via PDK] ...I was told that if they come out at a float the banks will be offering us multicurrency accounts for us to deposit in when we exchange. Then we wait…and watch and decide when its high enough …or pull out what we need. I am not in the least bit worried about it.
12-13-2022 Newshound Guru Pimpy There's something I'm noticing that's making me very suspicious about this whole Iraqi dinar exchange rate fiasco that's going on...Seems to me like people are purposely out there starting rumors to cause the devaluation of the Iraqi dinar so these [corrupt] people could purchase more of them so when a times comes and a real rate change has taken place they could benefit from it.
12-13-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-13-2022 Intel Guru Frank26 Article: "The application of international trade exchange for the Middle East transforms Iraq into an "electronic financial exchange center" Float here we come! How many time have I told you Iraq will become a financial hub? Quote: "The pioneering services will provide new horizons for the Iraqi market in ten foreign currencies, including the US dollar and the Iraqi dinar." I'm extremely happy...
12-13-2022 Newshound Guru Sandy Ingram Breaking news out of Iraq. This is what we've been waiting on - Insight into Iraq's plans. Article "First Iraqi Bank Announces Iraq's Fully Digital Bank, Gears for a Cashless Economy in the Country" ...Each customer will be assigned an IBAN (International Bank Account Number) to allow cross-border transactions...the article did not mention an RV...the key question is will you need to be an Iraqi citizen or have Iraqi identification to open up a bank account. I don't know yet...
12-13-2022 Newshound Guru Militia Man Article: "Blue to Debut a Fintech Super App for Iraq and the Middle East" This news out is massive. Iraq is going international before our very eyes....They tell us they will be able to top up accounts in the Bluepay app on mobile phones. Trade USA Listed Stocks and all approved by the Central Bank of Iraq. They can do that with both the USD and the IQD and then exchange their balances with 10 other countries. Wow...Multi - currency capabilities with the USD, the Yaun, IRAQ DINAR, etc, etc.. Soon to be Saudi Arabia too. For those that have been on the fence about Iraq ever going international, you can rest assured now we have been spot on.
12-13-2022 Newshound/Intel Guru Walkingstick [via Frank26] The budget is voted into law in parliament. Then it's sent to the president of the republic for his John Hancock...then ta-da it's official. But if it's not sent to the president...then what happens? It becomes law automatically without the signature of the president of the republic within 15 days of receipt...
12-13-2022 Intel Guru MarkZ [via PDK] Article: ”Central bank : the cash reserve has reached its highest level in the history of the state.” We are talking even higher then with Saadam Hussein in its hayday… Right now they are sitting on more cash reserves than at any other time in this countries history… They have exceeded $90 billion dollars in US value…and its just sitting there…unused…and ready to roll…. This is one of the few countries in the world whose economies are not “in the hole” so to speak. ...the author Al Yasari is one of those with Sudani that specifically mentions that the change in the exchange value is the best way to help the poor and under performing classes.
12-13-2022 Newshound Guru Paulette As long as the "restructure" happens and the CBI stands by what they have said in the past and as recently as a few weeks ago that no denominations will be withdrawn and that the 3 zero's will coexist for at least 2 years and upwards of 10 years, we will be very happy when this occurs.
12-13-2022 Newshound Guru Pimpy Article: "The Central Bank receives the remaining amount from the Kuwait Compensation Fund" This right here is big news and I mean BIG news. We know Iraq was released from United Nations Security Council's chapter VII but...they had to finish compensation to Kuwait...looks like the last payment is finally here...That has been satisfied. This is great news and a major step forward for Iraq in order to be recognized on the international scene and to help remove restrictions off their currency...This is awesome. This is big.
12-13-2022 Newshound Guru Clare Article: "The Central Bank receives the remaining amount from the Kuwait Compensation Fund" Quote: "Iraq revealed in 2021 that it had terminated all necessary banking arrangements with the US Federal Reserve Bank to stop the automatic deduction of Kuwait's compensation from Iraqi crude oil export revenues, after paying the full remaining amount of compensation"
12-13-2022 Intel Guru Frank26 They [Iraq] will reinstitute their currency and then they will reinstate it. Pretty cool...they are doing this for the world market consumers. The World Bank and the IMF has made sure they have done this...To reinstitute the currency is what you are seeing but then it's going to float...the float increases the value of the dinar. That's an RV...
12-13-2022 Newshound Guru Paulette Article: "The "Finance" expects the Iraqi government's vote on the budget: Parliament's approval of it will take about two months" this is the perfect scenario!!!! This is exactly what I posted and is PERFECTLY congruent with what we should all be hopeful.
12-13-2022 Intel Guru MarkZ [via PDK] [If our rate is already established through the terms of the treaty why are we concerned about the float?] We won’t know until Iraq goes international and are officially on the float…And officially an internationally traded currency. If they go to a float…all your banks will suddenly start taking it. I still hope it comes out fixed and not a float.
12-13-2022 Newshound Guru Pimpy Yes, I hear there's still more chitter-chatter about the exchange rate and yes there's a lot of misinformation still going on out there about the Iraqi dinar...the full exchange rate being reinstated - that's not the case. The talk...is about them going back to the old rate of 1199 per dollar. The Hydrocarbon Law - has not been signed...It was agreed upon in 2007 but...the Iraqi Supreme Court struck it down...and they have been renegotiating...The statement that the whole world is pushing/forcing Iraq to change their exchange rate is inaccurate. Countries don't usually get involved with people's exchange rate unless you're trying to manipulate them and that's not the case with Iraq.
12-13-2022 Intel Guru MarkZ [via PDK] ...I was told that if they come out at a float the banks will be offering us multicurrency accounts for us to deposit in when we exchange. Then we wait…and watch and decide when its high enough …or pull out what we need. I am not in the least bit worried about it.
12-13-2022 Newshound Guru Pimpy There's something I'm noticing that's making me very suspicious about this whole Iraqi dinar exchange rate fiasco that's going on...Seems to me like people are purposely out there starting rumors to cause the devaluation of the Iraqi dinar so these [corrupt] people could purchase more of them so when a times comes and a real rate change has taken place they could benefit from it.
12-13-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-13-2022 Intel Guru Frank26 Article: "The application of international trade exchange for the Middle East transforms Iraq into an "electronic financial exchange center" Float here we come! How many time have I told you Iraq will become a financial hub? Quote: "The pioneering services will provide new horizons for the Iraqi market in ten foreign currencies, including the US dollar and the Iraqi dinar." I'm extremely happy...
12-13-2022 Newshound Guru Sandy Ingram Breaking news out of Iraq. This is what we've been waiting on - Insight into Iraq's plans. Article "First Iraqi Bank Announces Iraq's Fully Digital Bank, Gears for a Cashless Economy in the Country" ...Each customer will be assigned an IBAN (International Bank Account Number) to allow cross-border transactions...the article did not mention an RV...the key question is will you need to be an Iraqi citizen or have Iraqi identification to open up a bank account. I don't know yet...
12-13-2022 Newshound Guru Militia Man Article: "Blue to Debut a Fintech Super App for Iraq and the Middle East" This news out is massive. Iraq is going international before our very eyes....They tell us they will be able to top up accounts in the Bluepay app on mobile phones. Trade USA Listed Stocks and all approved by the Central Bank of Iraq. They can do that with both the USD and the IQD and then exchange their balances with 10 other countries. Wow...Multi - currency capabilities with the USD, the Yaun, IRAQ DINAR, etc, etc.. Soon to be Saudi Arabia too. For those that have been on the fence about Iraq ever going international, you can rest assured now we have been spot on.
12-13-2022 Newshound/Intel Guru Walkingstick [via Frank26] The budget is voted into law in parliament. Then it's sent to the president of the republic for his John Hancock...then ta-da it's official. But if it's not sent to the president...then what happens? It becomes law automatically without the signature of the president of the republic within 15 days of receipt...
12-13-2022 Intel Guru MarkZ [via PDK] Article: ”Central bank : the cash reserve has reached its highest level in the history of the state.” We are talking even higher then with Saadam Hussein in its hayday… Right now they are sitting on more cash reserves than at any other time in this countries history… They have exceeded $90 billion dollars in US value…and its just sitting there…unused…and ready to roll…. This is one of the few countries in the world whose economies are not “in the hole” so to speak. ...the author Al Yasari is one of those with Sudani that specifically mentions that the change in the exchange value is the best way to help the poor and under performing classes.
12-13-2022 Newshound Guru Paulette As long as the "restructure" happens and the CBI stands by what they have said in the past and as recently as a few weeks ago that no denominations will be withdrawn and that the 3 zero's will coexist for at least 2 years and upwards of 10 years, we will be very happy when this occurs.
12-13-2022 Newshound Guru Pimpy Article: "The Central Bank receives the remaining amount from the Kuwait Compensation Fund" This right here is big news and I mean BIG news. We know Iraq was released from United Nations Security Council's chapter VII but...they had to finish compensation to Kuwait...looks like the last payment is finally here...That has been satisfied. This is great news and a major step forward for Iraq in order to be recognized on the international scene and to help remove restrictions off their currency...This is awesome. This is big.
12-13-2022 Newshound Guru Clare Article: "The Central Bank receives the remaining amount from the Kuwait Compensation Fund" Quote: "Iraq revealed in 2021 that it had terminated all necessary banking arrangements with the US Federal Reserve Bank to stop the automatic deduction of Kuwait's compensation from Iraqi crude oil export revenues, after paying the full remaining amount of compensation"
12-13-2022 Intel Guru Frank26 They [Iraq] will reinstitute their currency and then they will reinstate it. Pretty cool...they are doing this for the world market consumers. The World Bank and the IMF has made sure they have done this...To reinstitute the currency is what you are seeing but then it's going to float...the float increases the value of the dinar. That's an RV...
12-13-2022 Newshound Guru Paulette Article: "The "Finance" expects the Iraqi government's vote on the budget: Parliament's approval of it will take about two months" this is the perfect scenario!!!! This is exactly what I posted and is PERFECTLY congruent with what we should all be hopeful.
12-13-2022 Intel Guru MarkZ [via PDK] [If our rate is already established through the terms of the treaty why are we concerned about the float?] We won’t know until Iraq goes international and are officially on the float…And officially an internationally traded currency. If they go to a float…all your banks will suddenly start taking it. I still hope it comes out fixed and not a float.
12-13-2022 Newshound Guru Pimpy Yes, I hear there's still more chitter-chatter about the exchange rate and yes there's a lot of misinformation still going on out there about the Iraqi dinar...the full exchange rate being reinstated - that's not the case. The talk...is about them going back to the old rate of 1199 per dollar. The Hydrocarbon Law - has not been signed...It was agreed upon in 2007 but...the Iraqi Supreme Court struck it down...and they have been renegotiating...The statement that the whole world is pushing/forcing Iraq to change their exchange rate is inaccurate. Countries don't usually get involved with people's exchange rate unless you're trying to manipulate them and that's not the case with Iraq.
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12-12-2022 Intel Guru Frank26 Question: "How close are we?" We're as close as your dandruff is to your hair...we're as close as your breath is to your lungs. We are very close in my opinion. We've been wanting to see the things that we're seeing in print. That's what puts us in a very positive mood and a good direction.
12-12-2022 Intel Guru MarkZ [via PDK] We are expecting our taxes to be paid under a treaty…but all bets are off if Iraq does a float. We still expect no taxes on your transaction because it’s a currency exchange on foreign currency…as I understand it …but we will all be seeking advice from a lot of tax professionals if it floats instead of a full blown reset. Just be prepared. [NOTE: Consult with your tax professionals at the appropriate time to determine the right taxes for your unique circumstances.]
12-12-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-12-2022 Newshound Guru Kaperoni They're talking about increasing the dollar sales through the auction which will raise the value of the dinar back to what it was a year ago. Around 1170 to $1.
12-12-2022 Newshound Guru Militia Man Article: "The Iraqi Trade Bank announces the recovery of one trillion and 500 billion dinars" The amount of funds being recovered to Iraq from corruption is staggering in totality. The trillions of dinars being returned will support their exchange rate internationally.
12-12-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] WALKINGSTICK: Have you heard anything about the 20K notes? BANK FRIEND: Yes they were assigned to us last month but there was never a firm commitment on the release of the 20K notes...so far we have no further update concerning the 20k.
12-12-2022 Newshound Guru Paulette IMSO, "restructuring" and "RI" are two separate events which could occur simultaneously or weeks apart. For many reasons, I believe it will be weeks apart. I have always believed that, ideally for the benefit of Iraq, "restructuring" will occur prior to Parliament passing the budget and the "RI" will occur after the Budget becomes law.
12-12-2022 Intel Guru MarkZ [via PDK] I think this one is a key piece for Iraq to be ready for the revaluation… Article: “The Central bank is launching an electronic platform for buying and selling the dollar next month.” Reading between the lines I think this is an important step if they are going to handle a revaluation of some size to make sure these currencies are not questionable…that someone wont exchange millions in terrorist dollars. AND it will protect the rate for those at the bottom of the economic totem pole. I think this one is a serious “tell” for us and how close we are getting…A lot of phenominal things happened this weekend in Iraq. So I am very upbeat
12-12-2022 Newshound Guru Clare Article: "The talk of the exchange rate invades the Iraqi sessions..and the currency auction is the window for whitening the dollar" Quote: "The talk of the exchange rate of the dollar has become the most prominent one being circulated by Iraqis who are disaffected by the continued escalation of prices."
12-12-2022 Newshound Guru Pimpy Article Quote: "Parliamentary Finance announces the completion of the touches of the budget and its transfer to the Sudanese office." Now that they have it and all the final touches are done, they handed it out to the House of Representatives. Even though they are on recess at the moment you could see a scenario in which if they have an opportunity to go ahead and pass this budget before the end of the year they will call an emergency session and vote on that sucker. It'd be a great way to start the new year.
12-12-2022 Intel Guru Frank26 It has to play out exactly as we're seeing it unfold. Everybody knew. You knew. I knew. Maybe some people pretended they didn't know but the dinar is never going to come out at $3+. At least at 1 to 1 then you can de-peg...everyone knew it would be a gradual float then on the international market, for example Forex, the rate could return to $3+ range or above like other Middle Eastern countries around them. It's a brilliant plan.
12-12-2022 Guru Nader From The Mid East Article: "Sunday, the Parliamentary Finance Committee announced the completion of the final touches of the budget and its transfer to the Prime Minister's Office..."
12-12-2022 Newshound/Intel Guru RVAlready ...If, indeed, their currency has depeged, we will have to see what the market thinks of their gold reserves, foreign currency and bond reserves, and GDP. It will take a bit for a new value to be established...Don’t be surprised if it does not jump right away. Iraq estimated 10 days for the price to stabilize. I’m guessing it should settle by December 20th...I’m hoping for $1 or $1.50 by December 20. We will see what happens.
12-12-2022 Intel Guru Frank26 Question: "How close are we?" We're as close as your dandruff is to your hair...we're as close as your breath is to your lungs. We are very close in my opinion. We've been wanting to see the things that we're seeing in print. That's what puts us in a very positive mood and a good direction.
12-12-2022 Intel Guru MarkZ [via PDK] We are expecting our taxes to be paid under a treaty…but all bets are off if Iraq does a float. We still expect no taxes on your transaction because it’s a currency exchange on foreign currency…as I understand it …but we will all be seeking advice from a lot of tax professionals if it floats instead of a full blown reset. Just be prepared. [NOTE: Consult with your tax professionals at the appropriate time to determine the right taxes for your unique circumstances.]
12-12-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-12-2022 Newshound Guru Kaperoni They're talking about increasing the dollar sales through the auction which will raise the value of the dinar back to what it was a year ago. Around 1170 to $1.
12-12-2022 Newshound Guru Militia Man Article: "The Iraqi Trade Bank announces the recovery of one trillion and 500 billion dinars" The amount of funds being recovered to Iraq from corruption is staggering in totality. The trillions of dinars being returned will support their exchange rate internationally.
12-12-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] WALKINGSTICK: Have you heard anything about the 20K notes? BANK FRIEND: Yes they were assigned to us last month but there was never a firm commitment on the release of the 20K notes...so far we have no further update concerning the 20k.
12-12-2022 Newshound Guru Paulette IMSO, "restructuring" and "RI" are two separate events which could occur simultaneously or weeks apart. For many reasons, I believe it will be weeks apart. I have always believed that, ideally for the benefit of Iraq, "restructuring" will occur prior to Parliament passing the budget and the "RI" will occur after the Budget becomes law.
12-12-2022 Intel Guru MarkZ [via PDK] I think this one is a key piece for Iraq to be ready for the revaluation… Article: “The Central bank is launching an electronic platform for buying and selling the dollar next month.” Reading between the lines I think this is an important step if they are going to handle a revaluation of some size to make sure these currencies are not questionable…that someone wont exchange millions in terrorist dollars. AND it will protect the rate for those at the bottom of the economic totem pole. I think this one is a serious “tell” for us and how close we are getting…A lot of phenominal things happened this weekend in Iraq. So I am very upbeat
12-12-2022 Newshound Guru Clare Article: "The talk of the exchange rate invades the Iraqi sessions..and the currency auction is the window for whitening the dollar" Quote: "The talk of the exchange rate of the dollar has become the most prominent one being circulated by Iraqis who are disaffected by the continued escalation of prices."
12-12-2022 Newshound Guru Pimpy Article Quote: "Parliamentary Finance announces the completion of the touches of the budget and its transfer to the Sudanese office." Now that they have it and all the final touches are done, they handed it out to the House of Representatives. Even though they are on recess at the moment you could see a scenario in which if they have an opportunity to go ahead and pass this budget before the end of the year they will call an emergency session and vote on that sucker. It'd be a great way to start the new year.
12-12-2022 Intel Guru Frank26 It has to play out exactly as we're seeing it unfold. Everybody knew. You knew. I knew. Maybe some people pretended they didn't know but the dinar is never going to come out at $3+. At least at 1 to 1 then you can de-peg...everyone knew it would be a gradual float then on the international market, for example Forex, the rate could return to $3+ range or above like other Middle Eastern countries around them. It's a brilliant plan.
12-12-2022 Guru Nader From The Mid East Article: "Sunday, the Parliamentary Finance Committee announced the completion of the final touches of the budget and its transfer to the Prime Minister's Office..."
12-12-2022 Newshound/Intel Guru RVAlready ...If, indeed, their currency has depeged, we will have to see what the market thinks of their gold reserves, foreign currency and bond reserves, and GDP. It will take a bit for a new value to be established...Don’t be surprised if it does not jump right away. Iraq estimated 10 days for the price to stabilize. I’m guessing it should settle by December 20th...I’m hoping for $1 or $1.50 by December 20. We will see what happens.
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12-11-2022 Newshound Guru Pimpy When they do change the exchange rate, if they do, they're only going to restore the old rate. Not the $3.22 rate...the rate they had prior to this rate which is 1190 dinars for every $1. Right now they have 1450 dinars for every dollar...
12-11-2022 Intel Guru Frank26 Article: "With the participation of Iraq, the Chinese president will visit Saudi Arabia on Thursday to attend a joint summit" IRAN NEEDS IRAQ'S CURRENCY & CHINA NEEDS IRAQ'S OIL BOTH ARE GREAT FOR THE IQD EXCHANGE RATE.
12-11-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-11-2022 Newshound Guru Samson Article: "Central Bank: The exchange rate of the dollar will be returned to normal within two weeks" CBI taking actions
12-11-2022 Newshound Guru Sandy Ingram Kuwait is Iraq's neighbor... they have the highest value currency in the world. How did Kuwait get to this status? For one the Kuwaiti money is hard, very hard, difficult to come by. It is not plentiful like the Iraqi dinar or even the U.s. dollar. Secondly Kuwait too is a an oil rich nation...
12-11-2022 Newshound Guru Kaperoni Guru Frank26 says once you see Iraq pass the hydrocarbon law (HCL) you'll see a new exchange rate...He is wrong...The HCL significantly help investment, but there will be no change in the dinar rate until Iraq develops a private sector economy...Only with the success and growth of Iraq's economy can the dinar go up in value and it will be gradually over time via float.
12-11-2022 Intel Guru Frank26 The HCL was agreed upon a long time ago...indirectly Article 140 was agreed upon a long time ago. This is going to trigger the exchange rate in the budget with the reforms...Article 140 - HCL - Article VIII - Forex - Float - cap it. This is good.
12-11-2022 Newshound Guru Paulette I believe that the closer to the end of this year that Sudani's GOI passes the budget, the greater likelihood we will see the CBI move to "restructure" the currency. Realize, this "restructure" must also come with a significant rate change. In country of course but a significant change nonetheless. I am hopeful this will be 1.46 IQD to 1 USD. I will certainly love to see $0.685 cents to 1 IQD going into January and then will sit tight knowing the RI is close behind.
12-11-2022 Newshound Guru Clare Article: "The "Finance" expects the Iraqi government's vote on the budget: Parliament's approval of it will take about two months" Quote: "the Iraqi Council of Ministers will vote on the draft general financial budget law for the year 2023 at the end of this month."
12-11-2022 Intel Guru MarkZ [via PDK] From my contacts there they are hoping officially for a float by midweek this coming week… I am beginning to believe based on things coming out of DC that this just might be a float and not go all at one time. So be prepared just in case. I hope I am wrong but I am starting to get the growing feeling that we are going to see a lowball rate and float. This could be the same thing for dong…Right now, this is just possibilities…Just be prepared for either direction.
12-11-2022 Newshound Guru Pimpy When they do change the exchange rate, if they do, they're only going to restore the old rate. Not the $3.22 rate...the rate they had prior to this rate which is 1190 dinars for every $1. Right now they have 1450 dinars for every dollar...
12-11-2022 Intel Guru Frank26 Article: "With the participation of Iraq, the Chinese president will visit Saudi Arabia on Thursday to attend a joint summit" IRAN NEEDS IRAQ'S CURRENCY & CHINA NEEDS IRAQ'S OIL BOTH ARE GREAT FOR THE IQD EXCHANGE RATE.
12-11-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-11-2022 Newshound Guru Samson Article: "Central Bank: The exchange rate of the dollar will be returned to normal within two weeks" CBI taking actions
12-11-2022 Newshound Guru Sandy Ingram Kuwait is Iraq's neighbor... they have the highest value currency in the world. How did Kuwait get to this status? For one the Kuwaiti money is hard, very hard, difficult to come by. It is not plentiful like the Iraqi dinar or even the U.s. dollar. Secondly Kuwait too is a an oil rich nation...
12-11-2022 Newshound Guru Kaperoni Guru Frank26 says once you see Iraq pass the hydrocarbon law (HCL) you'll see a new exchange rate...He is wrong...The HCL significantly help investment, but there will be no change in the dinar rate until Iraq develops a private sector economy...Only with the success and growth of Iraq's economy can the dinar go up in value and it will be gradually over time via float.
12-11-2022 Intel Guru Frank26 The HCL was agreed upon a long time ago...indirectly Article 140 was agreed upon a long time ago. This is going to trigger the exchange rate in the budget with the reforms...Article 140 - HCL - Article VIII - Forex - Float - cap it. This is good.
12-11-2022 Newshound Guru Paulette I believe that the closer to the end of this year that Sudani's GOI passes the budget, the greater likelihood we will see the CBI move to "restructure" the currency. Realize, this "restructure" must also come with a significant rate change. In country of course but a significant change nonetheless. I am hopeful this will be 1.46 IQD to 1 USD. I will certainly love to see $0.685 cents to 1 IQD going into January and then will sit tight knowing the RI is close behind.
12-11-2022 Newshound Guru Clare Article: "The "Finance" expects the Iraqi government's vote on the budget: Parliament's approval of it will take about two months" Quote: "the Iraqi Council of Ministers will vote on the draft general financial budget law for the year 2023 at the end of this month."
12-11-2022 Intel Guru MarkZ [via PDK] From my contacts there they are hoping officially for a float by midweek this coming week… I am beginning to believe based on things coming out of DC that this just might be a float and not go all at one time. So be prepared just in case. I hope I am wrong but I am starting to get the growing feeling that we are going to see a lowball rate and float. This could be the same thing for dong…Right now, this is just possibilities…Just be prepared for either direction.
12-10-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
12-10-2022 Intel Guru Frank26 Iraq is going to be a currency hub IMO and the IMF, World Bank, U.S. Treasury and all these entities have done a wonderful job getting the IQD in position to return to the glory days. Now will Iraq comply and go international and float? Or will they continue a gradual increase. I don't know but either one of these scenarios goes in the right direction and that's what's happening IMO.
12-10-2022 Newshound Guru Clare Article "Central Bank: The exchange rate of the dollar will be returned to normal within two weeks" Quote "...the exchange rate is still disciplined and will be returned to normal within two weeks, no more"
12-10-2022 Newshound Guru Kaperoni I have stated numerous times the auctions are twofold, the first is to provide dollars to pay for imports for the country, and the second being to control the exchange rate by a balance between dinars and dollars. This new action by the central bank will put more dollars in the auction weakening the dollar and strengthening the dinar which Parliament has been talking about for several months because of the effects on the poor.
12-10-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-10-2022 Newshound Guru Paulette Sudani's GOI continues working and I believe will pass the Budget in December...It then goes to Parliament who will likely read it after reconvening approximately 1/07/23...This will be the "1st Reading"...It will then go to Parliament's Finance Committee for "study and observations"...this often can take 30 days or more...Parliament then does the "2nd Reading" ...changes may have to be made which legally requires it go back to Sudani and his GOI to make changes...Upon return to Parliament, if all is agreed by Parliament, it can go for third reading and vote which is usually done "line item by line item"
12-10-2022 Newshound Guru Pimpy When it comes to Iraq we're always taking one step forward and three steps back...There's problems with the currency auctions...they just can't seem to get it together...the Federal Reserve has been auditing the currency sales...and they're not liking what they see. Some of the biggest issues that foreign investors and the International community had with Iraq - Money laundering and financing of terrorists...at least they're catching these things...working with the United States to fix the issues...
12-10-2022 Intel Guru Frank26 The CBI is having explosive meetings right now with many countries and entities in preparation of [Iraq's] budget and new exchange rate...the word 'mechanism' is being used to cover the new exchange rate in the budget...keep looking for that word because the governor of the CBI will be using it a lot from now on...
12-10-2022 Intel Guru MarkZ [via PDK] From Iraq: “The democrat announces the formation of a committee titled (Article 40)” The Kurdistan democratic party announced today a committee to legislate the Oil and Gas Law. We were told a week or so ago that they had agreed to the framework…and this is it. It is now official and announced in Kurdistan. Long ago we were told that article 140 was one of the last stumbling blocks for revaluing the Iraqi currency and they have now worked out the differences with the Kurdistan region including profit sharing, taxes, revenues ect…For those of us that have been following this a long time…this is very good news...
12-10-2022 Guru Nader From The Mid East ...It has no support. That's why you see the dollar going up from 1460 to 1551 and it might get to 1552, 1553. You'll see in a couple of weeks it going back...things will get better. You will see...The dinar needs some support...attached to some assets...the dinar will go up up quick. It will be a dollar...I want to see 1160/1170 for now. If it goes in that range I'm sure it's gonna go quicker after that. Right now we're waiting for it to go in that range... [Post 2 of 2]
12-10-2022 Guru Nader From The Mid East The CBI or the government... didn't make a decision yet to support [the dinar] with anything. It's detached from the dollars but not completely. It should be detached by the end of this week or next week the beginning...the government have to support it with whatever they have reserve, gold...put if back on petroleum dinars...they have to attached it to something else. It's going to take a couple of weeks. [Post 1 of 2]
12-10-2022 Intel Guru Frank26 Article: "Al-Sudani and the International Monetary are discussing reforming the Iraqi banking system and efforts to combat corruption". THERE IS NO REASON TO REFORM IRAQ'S BANKS UNLESS YOU ARE REFORMING THE MONETARY REFORM... THAT'S WHY THE IMF MEETS WITH THE CBI DAILY!
12-10-2022 Guest Guru Sunkissed Article: "Al-Sudani meets Al-Sisi and affirms Iraq's keenness to maintain relations with its Arab and regional milieu:" How can a country be a pioneer when they’re dependent upon another country’s currency because their currency is worthless? We all know that would be ridiculous! ...Iraq is telling us exactly what they are doing here. Getting investment promises so that the moment they go article 8, these agreements go live so the international monetary process succeeds! This article should give everyone the assurance that Iraq is serious and on the threshold to ACTIVATE everything they have put in place and set in motion.
12-10-2022 Intel Guru Frank26 Iraq is going to be a currency hub IMO and the IMF, World Bank, U.S. Treasury and all these entities have done a wonderful job getting the IQD in position to return to the glory days. Now will Iraq comply and go international and float? Or will they continue a gradual increase. I don't know but either one of these scenarios goes in the right direction and that's what's happening IMO.
12-10-2022 Newshound Guru Clare Article "Central Bank: The exchange rate of the dollar will be returned to normal within two weeks" Quote "...the exchange rate is still disciplined and will be returned to normal within two weeks, no more"
12-10-2022 Newshound Guru Kaperoni I have stated numerous times the auctions are twofold, the first is to provide dollars to pay for imports for the country, and the second being to control the exchange rate by a balance between dinars and dollars. This new action by the central bank will put more dollars in the auction weakening the dollar and strengthening the dinar which Parliament has been talking about for several months because of the effects on the poor.
12-10-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
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12-10-2022 Newshound Guru Paulette Sudani's GOI continues working and I believe will pass the Budget in December...It then goes to Parliament who will likely read it after reconvening approximately 1/07/23...This will be the "1st Reading"...It will then go to Parliament's Finance Committee for "study and observations"...this often can take 30 days or more...Parliament then does the "2nd Reading" ...changes may have to be made which legally requires it go back to Sudani and his GOI to make changes...Upon return to Parliament, if all is agreed by Parliament, it can go for third reading and vote which is usually done "line item by line item"
12-10-2022 Newshound Guru Pimpy When it comes to Iraq we're always taking one step forward and three steps back...There's problems with the currency auctions...they just can't seem to get it together...the Federal Reserve has been auditing the currency sales...and they're not liking what they see. Some of the biggest issues that foreign investors and the International community had with Iraq - Money laundering and financing of terrorists...at least they're catching these things...working with the United States to fix the issues...
12-10-2022 Intel Guru Frank26 The CBI is having explosive meetings right now with many countries and entities in preparation of [Iraq's] budget and new exchange rate...the word 'mechanism' is being used to cover the new exchange rate in the budget...keep looking for that word because the governor of the CBI will be using it a lot from now on...
12-10-2022 Intel Guru MarkZ [via PDK] From Iraq: “The democrat announces the formation of a committee titled (Article 40)” The Kurdistan democratic party announced today a committee to legislate the Oil and Gas Law. We were told a week or so ago that they had agreed to the framework…and this is it. It is now official and announced in Kurdistan. Long ago we were told that article 140 was one of the last stumbling blocks for revaluing the Iraqi currency and they have now worked out the differences with the Kurdistan region including profit sharing, taxes, revenues ect…For those of us that have been following this a long time…this is very good news...
12-10-2022 Guru Nader From The Mid East ...It has no support. That's why you see the dollar going up from 1460 to 1551 and it might get to 1552, 1553. You'll see in a couple of weeks it going back...things will get better. You will see...The dinar needs some support...attached to some assets...the dinar will go up up quick. It will be a dollar...I want to see 1160/1170 for now. If it goes in that range I'm sure it's gonna go quicker after that. Right now we're waiting for it to go in that range... [Post 2 of 2]
12-10-2022 Guru Nader From The Mid East The CBI or the government... didn't make a decision yet to support [the dinar] with anything. It's detached from the dollars but not completely. It should be detached by the end of this week or next week the beginning...the government have to support it with whatever they have reserve, gold...put if back on petroleum dinars...they have to attached it to something else. It's going to take a couple of weeks. [Post 1 of 2]
12-10-2022 Intel Guru Frank26 Article: "Al-Sudani and the International Monetary are discussing reforming the Iraqi banking system and efforts to combat corruption". THERE IS NO REASON TO REFORM IRAQ'S BANKS UNLESS YOU ARE REFORMING THE MONETARY REFORM... THAT'S WHY THE IMF MEETS WITH THE CBI DAILY!
12-10-2022 Guest Guru Sunkissed Article: "Al-Sudani meets Al-Sisi and affirms Iraq's keenness to maintain relations with its Arab and regional milieu:" How can a country be a pioneer when they’re dependent upon another country’s currency because their currency is worthless? We all know that would be ridiculous! ...Iraq is telling us exactly what they are doing here. Getting investment promises so that the moment they go article 8, these agreements go live so the international monetary process succeeds! This article should give everyone the assurance that Iraq is serious and on the threshold to ACTIVATE everything they have put in place and set in motion.
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12-9-2022 Intel Guru Frank26 What is the pattern we're seeing in articles? What is it we're constantly seeing in articles? The budget and the rate. That's all they talk about.
12-9-2022 Newshound Guru Kaperoni Guru Sandy Ingram claims Iraq is collecting dinar at auction and reducing the money supply making it scarce...Iraq is not reducing the money supply...The auctions serve a very important role in maintaining stability of the dinar exchange rate against the dollar by maintaining a balance...As long as they utilize the auctions, a balance between dinars and dollars is necessary to maintain a stable exchange rate currently at 1460 or about.
12-9-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-9-2022 Intel Guru Bruce [via WiserNow] And we heard from one of our ...top bank sources that we had rates on the dinar and on the Vietnamese Dong - they were showing up - great rates already and they're trading upwards - and these would be considered screen rates that we haven't really had before on the front screens. They’ve got some back screen rates and those are fine, that's all good, but point is the currencies - from what we can tell are ready, they're all the countries have their currencies in position. It's kind of like putting all the horses in a race engine starting gate. And now it's just a matter of opening the gate and letting it go...I do expect it to go in a matter of days. And it could be that we do get everything by Saturday as we hope... [post 2 of 2]
12-9-2022 Intel Guru Bruce [via WiserNow] What we heard...was that the Iraqi dinar did make its way on to our Forex where we could see it. If you're in the United States you had a Forex subscription, or you're a bank or whatever – Traders...We got that confirmed again last night and today by another source - two sources. And that is a very positive thing for us to have that finally there. It tells us Iraq is there. They've done what they said they do... we know that they brought their rate out a week ago, Sunday... regardless of what certain people are saying. We know this. We know this directly from Iraq. And we also know that it's been on bank screens and the all the rates have populated back up on bank screens. [post 1 of 2....stay tuned]
12-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Many of the new features on the ATM machines that are still offline and been offline will soon be available...we can still use the ATMs now for regular use but the updated features will soon be available to all citizens. FRANK: 'Mechanisms'...the ATM machines are slowly being introduced to you so that it doesn't become a shock the moment they raise the value.
12-9-2022 Intel Guru MarkZ [via PDK] “Saudi Arabia gathers China’s Xi with Arab leaders in” new era” of ties “ one of those Arab leaders is from Iraq. Iraq is very well represented there for the first time in years. They are making their presence known in politics on the world stage. They cannot be on the world stage without a world recognized currency...it is important to notice these things….it shows you Iraq is heading this direction quickly and the nations around them are excepting that fact.
12-9-2022 Newshound Guru Sandy Ingram Article: "The Governor of the Central Bank of Iraq receives the IMF mission." The governor of the CBI met with the International Monetary Fund Minister of Finance...we know the IMF needs to sign off on financial recommendations for Iraq, meaning the IMF would need to approve or disapprove major financial issues pertaining to Iraq...
12-9-2022 Newshound Guru Pimpy The lower the amount of dinars for every dollar the better for us. We want to go all the way to the point where you get more US dollars for every one dinar. That's the direction we want to go in. [Note: You can always see the official CBI rate in the column on the left side of this page]
12-9-2022 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq receives the mission of the International Monetary Fund" THE CBI IS HAVING HOT MEETINGS RIGHT NOW WITH... EVERYONE! AND THESE MEETINGS WILL SOON EXPLODE WITH MORE INFORMATION TO THE CITIZENS ON THE MONETARY REFORM
12-9-2022 Intel Guru MarkZ [via PDK] Articles in Iraq out today and excuses as to why they don’t have the 2023 budget done. But that they will tackle it the moment parliament gets back from recess. A tidbit from an article is they are no longer in bankruptcy so they can absolutely RV now. Once again though the CBI does not need the budget in order to change the value.
12-9-2022 Newshound Guru Henig Article: "The Civil Aviation Authority issues an important decision regarding the vaccination certificate" Quote: “Based on the instructions issued by the Ministry of Health regarding the procedures of the Covid-19 pandemic, we advise all travelers and airlines operating in Iraqi airports not to ask arrivals or departures (Iraqis and foreigners). With a Covid-19 vaccination certificate..."
12-9-2022 Intel Guru Frank26 What is the pattern we're seeing in articles? What is it we're constantly seeing in articles? The budget and the rate. That's all they talk about.
12-9-2022 Newshound Guru Kaperoni Guru Sandy Ingram claims Iraq is collecting dinar at auction and reducing the money supply making it scarce...Iraq is not reducing the money supply...The auctions serve a very important role in maintaining stability of the dinar exchange rate against the dollar by maintaining a balance...As long as they utilize the auctions, a balance between dinars and dollars is necessary to maintain a stable exchange rate currently at 1460 or about.
12-9-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-9-2022 Intel Guru Bruce [via WiserNow] And we heard from one of our ...top bank sources that we had rates on the dinar and on the Vietnamese Dong - they were showing up - great rates already and they're trading upwards - and these would be considered screen rates that we haven't really had before on the front screens. They’ve got some back screen rates and those are fine, that's all good, but point is the currencies - from what we can tell are ready, they're all the countries have their currencies in position. It's kind of like putting all the horses in a race engine starting gate. And now it's just a matter of opening the gate and letting it go...I do expect it to go in a matter of days. And it could be that we do get everything by Saturday as we hope... [post 2 of 2]
12-9-2022 Intel Guru Bruce [via WiserNow] What we heard...was that the Iraqi dinar did make its way on to our Forex where we could see it. If you're in the United States you had a Forex subscription, or you're a bank or whatever – Traders...We got that confirmed again last night and today by another source - two sources. And that is a very positive thing for us to have that finally there. It tells us Iraq is there. They've done what they said they do... we know that they brought their rate out a week ago, Sunday... regardless of what certain people are saying. We know this. We know this directly from Iraq. And we also know that it's been on bank screens and the all the rates have populated back up on bank screens. [post 1 of 2....stay tuned]
12-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Many of the new features on the ATM machines that are still offline and been offline will soon be available...we can still use the ATMs now for regular use but the updated features will soon be available to all citizens. FRANK: 'Mechanisms'...the ATM machines are slowly being introduced to you so that it doesn't become a shock the moment they raise the value.
12-9-2022 Intel Guru MarkZ [via PDK] “Saudi Arabia gathers China’s Xi with Arab leaders in” new era” of ties “ one of those Arab leaders is from Iraq. Iraq is very well represented there for the first time in years. They are making their presence known in politics on the world stage. They cannot be on the world stage without a world recognized currency...it is important to notice these things….it shows you Iraq is heading this direction quickly and the nations around them are excepting that fact.
12-9-2022 Newshound Guru Sandy Ingram Article: "The Governor of the Central Bank of Iraq receives the IMF mission." The governor of the CBI met with the International Monetary Fund Minister of Finance...we know the IMF needs to sign off on financial recommendations for Iraq, meaning the IMF would need to approve or disapprove major financial issues pertaining to Iraq...
12-9-2022 Newshound Guru Pimpy The lower the amount of dinars for every dollar the better for us. We want to go all the way to the point where you get more US dollars for every one dinar. That's the direction we want to go in. [Note: You can always see the official CBI rate in the column on the left side of this page]
12-9-2022 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq receives the mission of the International Monetary Fund" THE CBI IS HAVING HOT MEETINGS RIGHT NOW WITH... EVERYONE! AND THESE MEETINGS WILL SOON EXPLODE WITH MORE INFORMATION TO THE CITIZENS ON THE MONETARY REFORM
12-9-2022 Intel Guru MarkZ [via PDK] Articles in Iraq out today and excuses as to why they don’t have the 2023 budget done. But that they will tackle it the moment parliament gets back from recess. A tidbit from an article is they are no longer in bankruptcy so they can absolutely RV now. Once again though the CBI does not need the budget in order to change the value.
12-9-2022 Newshound Guru Henig Article: "The Civil Aviation Authority issues an important decision regarding the vaccination certificate" Quote: “Based on the instructions issued by the Ministry of Health regarding the procedures of the Covid-19 pandemic, we advise all travelers and airlines operating in Iraqi airports not to ask arrivals or departures (Iraqis and foreigners). With a Covid-19 vaccination certificate..."
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12-8-2022 Newshound Guru Clare Article: "In numbers... a new government comment on the draft budget law 2023" Quote “the delay
came due to the delay in forming the current government and its approval of a new ministerial curriculum and development principles that take priorities, which requires longer time to prepare and present the 2023 budget.”
12-8-2022 Intel Guru Frank26 This is very important. The CBI said on Monday, 'We have started the process of lowing gradually the exchange rate of the Iraqi dinar against the American dollar.' You know what that is? Preparing to float. You know what that is also? ...it's a reinstatement process that allows them to reinstate their currency.
12-8-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-8-2022 Intel Guru MarkZ [via PDK] [Did Iraq pass its budget today?] I heard they did not…it would have delayed their legislation recess. So it looks like it won’t be passed until January. But, that does not mean they won't Rv. In fact it may be a better time to do it while parliament is not there. 2 ministers today said they could call an emergency session if the CBI did not move forward with a rate change.
12-8-2022 Newshound Guru Walkingstick [via Frank26] The CBI is having hot meetings with everyone, every three-letter agency you can think of along with every country...I have never seen meetings like these before. They're extremely hot. Extremely volatile...normally these meeting just go on to the next, to the next, to the next but every meeting is accomplishing something...
12-8-2022 Newshound Guru Sandy Ingram [Follow up to her 12-7-2022 exchange in Iraq post] Let me clarify...the need to travel for the revalue would only come if Iraq prints new money or goes digital with restrictions on the exchange. If Iraq prints new money they could do what Kuwait did and restrict where you can exchange the old currency, which we are holding, for the new currency.
12-8-2022 Intel Guru Frank26 Iraq will not be able to retrieve this important source of money [stolen and recovered funds] from the Paris Club Agreement for liquidity until they go public with at least a 1 to 1 rate...
12-8-2022 Intel Guru MarkZ [via PDK] [Member: latest update from a banker is he has no specific date he is confident we will be exchanging before Christmas.] That is what we are all hearing…we are being told that everything is great …things are moving and we should be exchanging well within the month of December.
12-8-2022 Newshound Guru Pimpy Article: "The dollar is approaching 151,000 dinars on the Baghdad Stock Exchange" It [the dinar rate] is going in the wrong direction. We need it to go in the other direction. Something is causing the Iraqi dinar to lose its value against the U.S. dollar...This obviously is a concern of the government. It is a concern of the banking industry.
12-8-2022 Newshound Guru Clare Article: "Iraq.. The dollar continues to exceed the threshold of 1,500 dinars" Quote: "The selling price of the dollar was 150,200 dinars per 100 dollars, while the buying price of the dollar was 150,100 dinars per 100 dollars."
12-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All they talk about is approving the budget and talking about a law. This law they're saying is of integrity and is of our sovereignty...they're talking about how all calculations on the budget have been changed and is ready. FRANK: Your report...screams a rate change very loudly with a strong echo ...if the budget has been calculated and ready to go it is because they have used the new exchange rate...
12-8-2022 Newshound Guru Clare Article: "In numbers... a new government comment on the draft budget law 2023" Quote “the delay
came due to the delay in forming the current government and its approval of a new ministerial curriculum and development principles that take priorities, which requires longer time to prepare and present the 2023 budget.”
12-8-2022 Intel Guru Frank26 This is very important. The CBI said on Monday, 'We have started the process of lowing gradually the exchange rate of the Iraqi dinar against the American dollar.' You know what that is? Preparing to float. You know what that is also? ...it's a reinstatement process that allows them to reinstate their currency.
12-8-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-8-2022 Intel Guru MarkZ [via PDK] [Did Iraq pass its budget today?] I heard they did not…it would have delayed their legislation recess. So it looks like it won’t be passed until January. But, that does not mean they won't Rv. In fact it may be a better time to do it while parliament is not there. 2 ministers today said they could call an emergency session if the CBI did not move forward with a rate change.
12-8-2022 Newshound Guru Walkingstick [via Frank26] The CBI is having hot meetings with everyone, every three-letter agency you can think of along with every country...I have never seen meetings like these before. They're extremely hot. Extremely volatile...normally these meeting just go on to the next, to the next, to the next but every meeting is accomplishing something...
12-8-2022 Newshound Guru Sandy Ingram [Follow up to her 12-7-2022 exchange in Iraq post] Let me clarify...the need to travel for the revalue would only come if Iraq prints new money or goes digital with restrictions on the exchange. If Iraq prints new money they could do what Kuwait did and restrict where you can exchange the old currency, which we are holding, for the new currency.
12-8-2022 Intel Guru Frank26 Iraq will not be able to retrieve this important source of money [stolen and recovered funds] from the Paris Club Agreement for liquidity until they go public with at least a 1 to 1 rate...
12-8-2022 Intel Guru MarkZ [via PDK] [Member: latest update from a banker is he has no specific date he is confident we will be exchanging before Christmas.] That is what we are all hearing…we are being told that everything is great …things are moving and we should be exchanging well within the month of December.
12-8-2022 Newshound Guru Pimpy Article: "The dollar is approaching 151,000 dinars on the Baghdad Stock Exchange" It [the dinar rate] is going in the wrong direction. We need it to go in the other direction. Something is causing the Iraqi dinar to lose its value against the U.S. dollar...This obviously is a concern of the government. It is a concern of the banking industry.
12-8-2022 Newshound Guru Clare Article: "Iraq.. The dollar continues to exceed the threshold of 1,500 dinars" Quote: "The selling price of the dollar was 150,200 dinars per 100 dollars, while the buying price of the dollar was 150,100 dinars per 100 dollars."
12-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All they talk about is approving the budget and talking about a law. This law they're saying is of integrity and is of our sovereignty...they're talking about how all calculations on the budget have been changed and is ready. FRANK: Your report...screams a rate change very loudly with a strong echo ...if the budget has been calculated and ready to go it is because they have used the new exchange rate...
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12-7-2022 Intel Guru MarkZ [via PDK] Why is this important? Because it is a pegged currency. And now suddenly it has changed. And on the same day they don’t allow the trading…I don’t think you will see an official announcement though until parliament recesses for the holiday season. I want to remind you that the CBI does not need parliament in session to change the value. This is one of the signs that we are unpegging and moving forward to see a substantial value change that we have been anticipating. I think we got that “tell” right on time today. I believe it has hit us. I can tell you that you would have a difficult time finding an Iraqi willing to give up their dinar right now...We appear to be close to the finish line… [post 2 of 2]
12-7-2022 Intel Guru MarkZ [via PDK] [ I see IQD is up 1458.0000. Is that good?] That means it slipped a little to the USD but the good news is it appears to have depegged from the USD which means now it can move. And it should start to move quickly in the other direction. Things are getting very interesting right now. ...The vast majority of all trade is done with cash. Not with debit and credit cards…. Today they suspended all trading back and forth between the US dollar and the IQD pairing…this is to prevent more sales…so we see a slight blip or decrease in the exchange rate today... [post 1 of 2....stay tuned]
12-7-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani told us the U.S. Treasury says that our currency is off the high risk bank list and then he went on about how good the Iraq's banking sector has done with International instructions and guidelines and laws and rules. We've never seen this CBI and the US treasury talk like this... FRANK: The United States Treasury did everything they could to help the CBI have a new exchange rate...The U.S Treasury is making sure the CBI is linked up internationally with every bank in the world and not for a program rate...
12-7-2022 Newshound Guru Clare Article "Al-Maliki makes the approval of the oil and gas law conditional on this matter" THAT IS NOT NURI AL-MALIKI ..... IT IS A DIFFERENT GUY SAME LAST NAME
12-7-2022 Intel Guru MarkZ [via PDK] Not a nothing burger today…but not nearly the news I was hoping for overnight last night. “Budget Law absent from Iraqi Parliament for 30 days” This is playing out as we speak today. I am being told from some contacts on the ground that they are hoping to extend the parliamentary session through the 9th or 11th of December to get the budget squared away first. …but it is supposed to end tomorrow as parliament goes away for a 30 day recess. This is normal for the holidays.
12-7-2022 Newshound Guru Kaperoni ...This [auction] action by the CBI will not only help the citizens but it will help them with the IMF to meet compliance. Further liberalization also helps encourage investment in Iraq . The real reason why they're doing it though is to try to get the exchange rate back in line with the 2% spread limits the IMF has imposed. The current exchange rate in the market is around 1490 which is on the cusp of exceeding that limit making them out of compliance.
12-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The Prime Minister came out and says we're going to have foreign currency in our market. FRANK: Yes, because you're going international.
12-7-2022 Newshound Guru Sandy Ingram So what would they [Iraq] need to do in order to...increase the value of their currency? One thing they could do would be to create a new currency like Kuwait did and provide a window of time when people could exchange the old Iraqi dinars for the new currency or they could go digital. But where does either of these options leave us as investors? ...Get a valid passport...there are ways you and I will be able to fly into the Middle East..we need to prepare for this option now...
12-7-2022 Intel Guru MarkZ [via PDK] Pressure continues in Iraq as we see more and more local politicians join ranks. We now have well over 100 parliament members and leaders that are pushing for the CBI to make the decision and make it now…before the holidays. The push because of inflation and the market crunch in Iraq is to do it before the holiday season which is beginning within days over there. Yes it is in the hands of the CBI…parliament is really pushing them to release it before the holidays…and are willing to replace the leader or minister of the CBI in order to do it if that is what it takes…. It is a open conversation over there. I spoke with some contacts on the ground …and they are hearing this as well.
12-7-2022 Newshound Guru Pimpy I'm not saying it's not going to change come this budget, mostly likely it won't because the Central Bank said this is the rate it's going to be for the next 5 years. We are now 2 1/2 years into that 5 years. We'll wee what happens when this budget comes out...
12-7-2022 Intel Guru Frank26 The Paris Club agreement...paid off 80% of Iraq's debt to the world, then Iraq agreed to re-institute at a 1 to 1 rate at least...they're simply waiting, the Paris Club, for this announcement. The CBI says they want the rest of the money the Paris Club is holding. Iraq IMO tried to pull a fast one but the Paris Club said, nope! No recovered fund returned to you until you change your exchange rate in order to cover the rest of your debts.
12-7-2022 Newshound/Intel Guru Mnt Goat One could almost say the news is once again just all about the currency. The pressure builds for the CBI to act now. Over 100 of the parliamentary members claim they will not even attend parliament sessions to vote on the new budget unless this issue is addressed in the budget. ...These are exciting times and personally I can’t see the CBI holding back this reinstatement much longer….
12-7-2022 Intel Guru MarkZ [via PDK] [Are we anticipating the dinar rate change this week?] We are anticipating an announcement thereof and possibly a lower sucker rate. This is before the actual RV The sucker rate is to get many to give up, cash in at the lower rates and then go away.
12-7-2022 Intel Guru MarkZ [via PDK] Why is this important? Because it is a pegged currency. And now suddenly it has changed. And on the same day they don’t allow the trading…I don’t think you will see an official announcement though until parliament recesses for the holiday season. I want to remind you that the CBI does not need parliament in session to change the value. This is one of the signs that we are unpegging and moving forward to see a substantial value change that we have been anticipating. I think we got that “tell” right on time today. I believe it has hit us. I can tell you that you would have a difficult time finding an Iraqi willing to give up their dinar right now...We appear to be close to the finish line… [post 2 of 2]
12-7-2022 Intel Guru MarkZ [via PDK] [ I see IQD is up 1458.0000. Is that good?] That means it slipped a little to the USD but the good news is it appears to have depegged from the USD which means now it can move. And it should start to move quickly in the other direction. Things are getting very interesting right now. ...The vast majority of all trade is done with cash. Not with debit and credit cards…. Today they suspended all trading back and forth between the US dollar and the IQD pairing…this is to prevent more sales…so we see a slight blip or decrease in the exchange rate today... [post 1 of 2....stay tuned]
12-7-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani told us the U.S. Treasury says that our currency is off the high risk bank list and then he went on about how good the Iraq's banking sector has done with International instructions and guidelines and laws and rules. We've never seen this CBI and the US treasury talk like this... FRANK: The United States Treasury did everything they could to help the CBI have a new exchange rate...The U.S Treasury is making sure the CBI is linked up internationally with every bank in the world and not for a program rate...
12-7-2022 Newshound Guru Clare Article "Al-Maliki makes the approval of the oil and gas law conditional on this matter" THAT IS NOT NURI AL-MALIKI ..... IT IS A DIFFERENT GUY SAME LAST NAME
12-7-2022 Intel Guru MarkZ [via PDK] Not a nothing burger today…but not nearly the news I was hoping for overnight last night. “Budget Law absent from Iraqi Parliament for 30 days” This is playing out as we speak today. I am being told from some contacts on the ground that they are hoping to extend the parliamentary session through the 9th or 11th of December to get the budget squared away first. …but it is supposed to end tomorrow as parliament goes away for a 30 day recess. This is normal for the holidays.
12-7-2022 Newshound Guru Kaperoni ...This [auction] action by the CBI will not only help the citizens but it will help them with the IMF to meet compliance. Further liberalization also helps encourage investment in Iraq . The real reason why they're doing it though is to try to get the exchange rate back in line with the 2% spread limits the IMF has imposed. The current exchange rate in the market is around 1490 which is on the cusp of exceeding that limit making them out of compliance.
12-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The Prime Minister came out and says we're going to have foreign currency in our market. FRANK: Yes, because you're going international.
12-7-2022 Newshound Guru Sandy Ingram So what would they [Iraq] need to do in order to...increase the value of their currency? One thing they could do would be to create a new currency like Kuwait did and provide a window of time when people could exchange the old Iraqi dinars for the new currency or they could go digital. But where does either of these options leave us as investors? ...Get a valid passport...there are ways you and I will be able to fly into the Middle East..we need to prepare for this option now...
12-7-2022 Intel Guru MarkZ [via PDK] Pressure continues in Iraq as we see more and more local politicians join ranks. We now have well over 100 parliament members and leaders that are pushing for the CBI to make the decision and make it now…before the holidays. The push because of inflation and the market crunch in Iraq is to do it before the holiday season which is beginning within days over there. Yes it is in the hands of the CBI…parliament is really pushing them to release it before the holidays…and are willing to replace the leader or minister of the CBI in order to do it if that is what it takes…. It is a open conversation over there. I spoke with some contacts on the ground …and they are hearing this as well.
12-7-2022 Newshound Guru Pimpy I'm not saying it's not going to change come this budget, mostly likely it won't because the Central Bank said this is the rate it's going to be for the next 5 years. We are now 2 1/2 years into that 5 years. We'll wee what happens when this budget comes out...
12-7-2022 Intel Guru Frank26 The Paris Club agreement...paid off 80% of Iraq's debt to the world, then Iraq agreed to re-institute at a 1 to 1 rate at least...they're simply waiting, the Paris Club, for this announcement. The CBI says they want the rest of the money the Paris Club is holding. Iraq IMO tried to pull a fast one but the Paris Club said, nope! No recovered fund returned to you until you change your exchange rate in order to cover the rest of your debts.
12-7-2022 Newshound/Intel Guru Mnt Goat One could almost say the news is once again just all about the currency. The pressure builds for the CBI to act now. Over 100 of the parliamentary members claim they will not even attend parliament sessions to vote on the new budget unless this issue is addressed in the budget. ...These are exciting times and personally I can’t see the CBI holding back this reinstatement much longer….
12-7-2022 Intel Guru MarkZ [via PDK] [Are we anticipating the dinar rate change this week?] We are anticipating an announcement thereof and possibly a lower sucker rate. This is before the actual RV The sucker rate is to get many to give up, cash in at the lower rates and then go away.
12-6-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
12-6-2022 Newshound Guru Clare Article: "The Central Bank announces that its cash reserves have exceeded the $90 billion mark" Quote: "The Iraqi currency is now witnessing a significant rise and recovery, as it is considered one of the strong international currencies, although it is not an international currency for circulation,"
12-6-2022 Intel Guru Frank26 A change in the exchange rate...you want to see that number [1460] get smaller and smaller as it gets closer to a 1 to 1 rate. This is a gradual reduction and ladies and gentlemen they're telling you in the article that this has started today...
12-6-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-6-2022 Intel Guru MarkZ [via PDK] I hear the most likely scenario continues to be the full revaluation or reinstatement, but they will continue to throw the other lower rates out there to keep us guessing…it is part of the game. We saw this in Kuwait as well before they revalued…also in China. This has happened throughout history. It is very exciting for me to see us this close to the finish line. [post 2 of 2]
12-6-2022 Intel Guru MarkZ [via PDK] ...There are a number of politicians discussing where they should go on the rate. I also have a finance ministry contact mention that a higher NEER rate was tossed about today in some of their circles. In other words instead of going with the rate of 1162 and floating…it would start exponentially higher at the NEER rate of $1.60. They are also going back and forth with the pre-Sadaam Hussein rate of about $3.22. We don’t yet know what they will do. [post 1 of 2....stay tuned]
12-6-2022 Newshound Guru Militia Man Article: "Baghdad & Kurdistan Region at the table of Constitutional Entitlements" The looks of things here are seriously on fire. They talk about budget and in detail, they went over the file with respect to key points that needed clarifications or reorganization, etc...IMO... Timing is ablaze with urgency..
12-6-2022 Newshound Guru Kaperoni ...The Central Bank announced they're going to liberalize the foreign exchange. Meaning they're going to spend more dollars in the auction. This of course has impact on the dinar exchange rate... the reality is all they're going to do is put it closer back to the rate it was a year ago around 1170 to $1...
12-6-2022 Intel Guru Frank26 Article: "The Iraqi Parliament completes the cabinet of the Sudanese government by granting confidence to two ministers" ARTICLE 140 = HCL, HCL = ARTICLE 8, ARTICLE 8 = THE BUDGET = THE MONETARY REFORM = A COMPLETED & SEATED GOV OF IRAQ... THE FOUNDATION OF THE MONETARY REFORM
12-6-2022 Intel Guru MarkZ [via PDK] As for the rumors - I have received a number of reach outs this morning…about a thousand or ten times improvement in Iraqi currency rates. They are saying this is the talk on the street that this is the starting point. I still think they will all go at once, but am prepared if Iraq does go slower. It looks like the overwhelming majority of people that hold it are going to make somewhere around 4 times or 10 times on their investment already. This is huge but not yet what we are looking for. They still want to restore their old rate pre-Kuwaiti invasion rate. ($3.22?) [NOTE: As of now the official CBI rate has not changed. You can always see the official CBI rate in the left column of this page.]
12-6-2022 Guru Nader From The Mid East They [the CBI] didn't say how much. They [the CBI] just said to the old numbers and then it's gonna go down gradually...that's good news. I'm happy about that. It will help me out a lot actually if it goes down to 1160. There's a new decision has been made...from here to maybe next week or the week later you're gonna see changes. Maybe this week we don't know. So get ready for it.
12-6-2022 Newshound Guru Pimpy There is a lot of talk once again about the change in the exchange rate. I think some people are misinterpreting what they're reading... Article: "Government official: Dollar exchange rate will fall and its impact in a week" ...they're talking about controlling the actual market itself...they are going to do what they can to make sure they maintain a specific rate...Be careful with all the rumors...talking about the exchange rate going to happen. You got to hear directly from the Central Bank and no one else.
12-6-2022 Intel Guru Frank26 The Paris committee told them recently (a few days ago) that Iraq you have to honor our agreement...you have to change your exchange rate in the positive because the Paris Club is still holding some of Iraq's stolen funds...Remember 80% of Iraq's debt has been paid off through the Paris Accord Agreement...In order for Iraq to finish retrieving their stolen funds...they need to comply and change their exchange rate and go international.
12-6-2022 Intel Guru MarkZ [via PDK] The latest rates we heard were as high as $4.80 - $4.81 as a street rate…higher for those in the oil for Dinar program. Consider this all a rumor. Nobody knows until we get there…I am being pressured to stop talking rates…so will do that soon. That day is coming and coming quickly. But for now…still hearing about $2-$2.25 for the Vietnamese dong…bankers still think I am a dollar or two low…I hope they are right and I am wrong.
12-6-2022 Newshound Guru Clare Article: "The Central Bank announces that its cash reserves have exceeded the $90 billion mark" Quote: "The Iraqi currency is now witnessing a significant rise and recovery, as it is considered one of the strong international currencies, although it is not an international currency for circulation,"
12-6-2022 Intel Guru Frank26 A change in the exchange rate...you want to see that number [1460] get smaller and smaller as it gets closer to a 1 to 1 rate. This is a gradual reduction and ladies and gentlemen they're telling you in the article that this has started today...
12-6-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-6-2022 Intel Guru MarkZ [via PDK] I hear the most likely scenario continues to be the full revaluation or reinstatement, but they will continue to throw the other lower rates out there to keep us guessing…it is part of the game. We saw this in Kuwait as well before they revalued…also in China. This has happened throughout history. It is very exciting for me to see us this close to the finish line. [post 2 of 2]
12-6-2022 Intel Guru MarkZ [via PDK] ...There are a number of politicians discussing where they should go on the rate. I also have a finance ministry contact mention that a higher NEER rate was tossed about today in some of their circles. In other words instead of going with the rate of 1162 and floating…it would start exponentially higher at the NEER rate of $1.60. They are also going back and forth with the pre-Sadaam Hussein rate of about $3.22. We don’t yet know what they will do. [post 1 of 2....stay tuned]
12-6-2022 Newshound Guru Militia Man Article: "Baghdad & Kurdistan Region at the table of Constitutional Entitlements" The looks of things here are seriously on fire. They talk about budget and in detail, they went over the file with respect to key points that needed clarifications or reorganization, etc...IMO... Timing is ablaze with urgency..
12-6-2022 Newshound Guru Kaperoni ...The Central Bank announced they're going to liberalize the foreign exchange. Meaning they're going to spend more dollars in the auction. This of course has impact on the dinar exchange rate... the reality is all they're going to do is put it closer back to the rate it was a year ago around 1170 to $1...
12-6-2022 Intel Guru Frank26 Article: "The Iraqi Parliament completes the cabinet of the Sudanese government by granting confidence to two ministers" ARTICLE 140 = HCL, HCL = ARTICLE 8, ARTICLE 8 = THE BUDGET = THE MONETARY REFORM = A COMPLETED & SEATED GOV OF IRAQ... THE FOUNDATION OF THE MONETARY REFORM
12-6-2022 Intel Guru MarkZ [via PDK] As for the rumors - I have received a number of reach outs this morning…about a thousand or ten times improvement in Iraqi currency rates. They are saying this is the talk on the street that this is the starting point. I still think they will all go at once, but am prepared if Iraq does go slower. It looks like the overwhelming majority of people that hold it are going to make somewhere around 4 times or 10 times on their investment already. This is huge but not yet what we are looking for. They still want to restore their old rate pre-Kuwaiti invasion rate. ($3.22?) [NOTE: As of now the official CBI rate has not changed. You can always see the official CBI rate in the left column of this page.]
12-6-2022 Guru Nader From The Mid East They [the CBI] didn't say how much. They [the CBI] just said to the old numbers and then it's gonna go down gradually...that's good news. I'm happy about that. It will help me out a lot actually if it goes down to 1160. There's a new decision has been made...from here to maybe next week or the week later you're gonna see changes. Maybe this week we don't know. So get ready for it.
12-6-2022 Newshound Guru Pimpy There is a lot of talk once again about the change in the exchange rate. I think some people are misinterpreting what they're reading... Article: "Government official: Dollar exchange rate will fall and its impact in a week" ...they're talking about controlling the actual market itself...they are going to do what they can to make sure they maintain a specific rate...Be careful with all the rumors...talking about the exchange rate going to happen. You got to hear directly from the Central Bank and no one else.
12-6-2022 Intel Guru Frank26 The Paris committee told them recently (a few days ago) that Iraq you have to honor our agreement...you have to change your exchange rate in the positive because the Paris Club is still holding some of Iraq's stolen funds...Remember 80% of Iraq's debt has been paid off through the Paris Accord Agreement...In order for Iraq to finish retrieving their stolen funds...they need to comply and change their exchange rate and go international.
12-6-2022 Intel Guru MarkZ [via PDK] The latest rates we heard were as high as $4.80 - $4.81 as a street rate…higher for those in the oil for Dinar program. Consider this all a rumor. Nobody knows until we get there…I am being pressured to stop talking rates…so will do that soon. That day is coming and coming quickly. But for now…still hearing about $2-$2.25 for the Vietnamese dong…bankers still think I am a dollar or two low…I hope they are right and I am wrong.
12-5-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
12-5-2022 Newshound Guru Pimpy When it comes to this new government in Iraq it is moving quickly and I mean very quickly. Not just locally but internationally...
12-5-2022 Intel Guru MarkZ [via PDK] The big talk today was “What is that rate going to be?” We do not know 100% for certain. All we know is it’s about to change. [I think it will start as a trickle and turn into a flood!] I agree that this trickle will soon turn into a flood. ...we have not seen any change in rates…yet...I am still being told to expect the contract rate and a full RV.
12-5-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-5-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: If it floats is it going to go up really fast? And when is the best time for us to go in and exchange? FRANK: As far as when you exchange...that is a personal decision. You have to make that decision. At what rate you feel is good enough for you. 1 to 1, 1 to 2, 1 to 3 etc. You've got to know when to hold'm and know when to exchange'em.
12-5-2022 Newshound Guru tlm724 Article: "Association Of Banks: Central Bank Measures Will Return Dollar Prices To Their Rates Quickly" Quote: "those who criticize the central bank must be aware that its measures announced yesterday by increasing the supply of dollars through its approved outlets and banks will inevitably lead to the return of the price to its target rates inevitably and quickly."
12-5-2022 Intel Guru MarkZ [via PDK] I am being told it is looking to start the float around 1160+ …and the rate will be looked at each day. This is massive progress coming out of Iraq. This makes sense as to whats best for the Iraqi people. This is a slow grind to the top and I am told it will not affect our contract rate as it is based on the “Oil for Dinar” contracts. So even if the rate takes awhile to get to where we want it…it has now started. They have now announced that it has started. There is no more “Waiting for this to go”...Expect the float to go fast. I am very excited about the news out of Iraq. [So its possible we could go to the banks this week?] it could be. We will have to wait and see. If the float rate kicks in Tues or Wed…we could see that rate start to run…very quickly.
12-5-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] BANK FRIEND: It is no secret to any Iraqi citizen at all. Any Iraqi citizen can come into our banks in Iraq or when we open our private banks and they will be able to see the training of the tellers...they see the new counting and sorting machines we have on our counters. They know they are not for the dinar they are using right now. It is for a currency that is new...they know the new ATM machines inside our banks and in the streets are still offline. It is not secret.
12-5-2022 Newshound Guru Clare Article: "Government official: The exchange rate of the dollar will decrease and its impact will be after a week" Quote: "A government official confirmed, on Monday, that the exchange rates of the US dollar against the Iraqi dinar will decrease with the Central Bank's decision to increase the weekly share of banks, exchange and mediation companies, pointing out that the decline will have an impact next week.
12-5-2022 Intel Guru MarkZ [via PDK] ...I think its economic brilliance coming out of Iraq. From Iraq: …we have a rate. We do not have a fixed rate…we literally have a floating rate now. And based on the market at the end of each day now...A measured approach so they can soak yet more dinar off the streets before their bigger revaluation. I am very excited about it. They are going to allow the market to set the rate each day…This is enormous news. You should be like jumping out of your boots over this one.
12-5-2022 Newshound Guru Kaperoni This step by the central bank today will help perpetuate investment and develop their economy. It is a first step of many. Liberalizing the foreign exchange and access to dollars should also have an affect on the dinar exchange rate. Though they are not talking about an RV they are talking about using the liberalization to raise the value back to what it was a year or so ago around 1170 to $1. [Post 2 of 2]
12-5-2022 Newshound Guru Kaperoni The Prime Minister of Iraq met with the central bank governor...He was instructed to take steps to improve the banking system. The governor was directed to further liberalize foreign exchange. The benefit of such a move helps Iraq integrate with the global banking system, increase investment and encourage financial integration...this should put Iraq in a position to accept IMF Article XIII... [Post 1 of 2....stay tuned]
12-5-2022 Newshound Guru Militia Man Article: "In the document. The central bank decides to increase the weekly share of dollar sales" Are they about to make a big move?
12-5-2022 Intel Guru Frank26 Article: "Starting tomorrow... the Central Bank of Iraq is moving to reduce the price of the dollar (document)" THE CBI SAID THERE WILL BE GRADUAL DECREASES TO THE DOLLAR EXCHANGE RATE.
12-5-2022 Newshound Guru Clare Article: "Starting tomorrow... the Central Bank of Iraq is moving to reduce the price of the dollar (document)" Quote: "The Central Bank of Iraq decided, on Sunday, to increase the weekly sales of the US dollar in the currency auction, in an attempt to restore the exchange rate to its previous state."
12-5-2022 Guest Newshound Guru CandyKisses Article: "Parliamentary: Discussions and Dialogues to Review the Dollar Exchange Rate" Quote: "MP Najwa Hamid confirmed the House's move towards reconsidering the dollar exchange rate. Hamid told Mawazine News that "there are discussions and dialogues between members of the House of Representatives, and the Finance Committee specifically to reconsider the dollar exchange rate, and we believe that an appropriate price will be maintained."
12-5-2022 Guru Nader From The Mid East The decision this morning has been made to change the exchange rate. They actually said to the old one...we don' know if it's the 1160...then they said it's gonna go down slowly...the decision is made...maybe a couple weeks maximum you're gonna see some changes. So get ready for it.
12-5-2022 Intel Guru MarkZ [via PDK] ... Warren Buffet put millions into the Iraqi Dinar. Many of the greatest financial minds have invested in the Iraqi dinar. The revaluation is a “when” not an “if”. You can doubt the timing…but, do not doubt it will be very lucrative at some point.
12-5-2022 Newshound Guru Pimpy When it comes to this new government in Iraq it is moving quickly and I mean very quickly. Not just locally but internationally...
12-5-2022 Intel Guru MarkZ [via PDK] The big talk today was “What is that rate going to be?” We do not know 100% for certain. All we know is it’s about to change. [I think it will start as a trickle and turn into a flood!] I agree that this trickle will soon turn into a flood. ...we have not seen any change in rates…yet...I am still being told to expect the contract rate and a full RV.
12-5-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-5-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: If it floats is it going to go up really fast? And when is the best time for us to go in and exchange? FRANK: As far as when you exchange...that is a personal decision. You have to make that decision. At what rate you feel is good enough for you. 1 to 1, 1 to 2, 1 to 3 etc. You've got to know when to hold'm and know when to exchange'em.
12-5-2022 Newshound Guru tlm724 Article: "Association Of Banks: Central Bank Measures Will Return Dollar Prices To Their Rates Quickly" Quote: "those who criticize the central bank must be aware that its measures announced yesterday by increasing the supply of dollars through its approved outlets and banks will inevitably lead to the return of the price to its target rates inevitably and quickly."
12-5-2022 Intel Guru MarkZ [via PDK] I am being told it is looking to start the float around 1160+ …and the rate will be looked at each day. This is massive progress coming out of Iraq. This makes sense as to whats best for the Iraqi people. This is a slow grind to the top and I am told it will not affect our contract rate as it is based on the “Oil for Dinar” contracts. So even if the rate takes awhile to get to where we want it…it has now started. They have now announced that it has started. There is no more “Waiting for this to go”...Expect the float to go fast. I am very excited about the news out of Iraq. [So its possible we could go to the banks this week?] it could be. We will have to wait and see. If the float rate kicks in Tues or Wed…we could see that rate start to run…very quickly.
12-5-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] BANK FRIEND: It is no secret to any Iraqi citizen at all. Any Iraqi citizen can come into our banks in Iraq or when we open our private banks and they will be able to see the training of the tellers...they see the new counting and sorting machines we have on our counters. They know they are not for the dinar they are using right now. It is for a currency that is new...they know the new ATM machines inside our banks and in the streets are still offline. It is not secret.
12-5-2022 Newshound Guru Clare Article: "Government official: The exchange rate of the dollar will decrease and its impact will be after a week" Quote: "A government official confirmed, on Monday, that the exchange rates of the US dollar against the Iraqi dinar will decrease with the Central Bank's decision to increase the weekly share of banks, exchange and mediation companies, pointing out that the decline will have an impact next week.
12-5-2022 Intel Guru MarkZ [via PDK] ...I think its economic brilliance coming out of Iraq. From Iraq: …we have a rate. We do not have a fixed rate…we literally have a floating rate now. And based on the market at the end of each day now...A measured approach so they can soak yet more dinar off the streets before their bigger revaluation. I am very excited about it. They are going to allow the market to set the rate each day…This is enormous news. You should be like jumping out of your boots over this one.
12-5-2022 Newshound Guru Kaperoni This step by the central bank today will help perpetuate investment and develop their economy. It is a first step of many. Liberalizing the foreign exchange and access to dollars should also have an affect on the dinar exchange rate. Though they are not talking about an RV they are talking about using the liberalization to raise the value back to what it was a year or so ago around 1170 to $1. [Post 2 of 2]
12-5-2022 Newshound Guru Kaperoni The Prime Minister of Iraq met with the central bank governor...He was instructed to take steps to improve the banking system. The governor was directed to further liberalize foreign exchange. The benefit of such a move helps Iraq integrate with the global banking system, increase investment and encourage financial integration...this should put Iraq in a position to accept IMF Article XIII... [Post 1 of 2....stay tuned]
12-5-2022 Newshound Guru Militia Man Article: "In the document. The central bank decides to increase the weekly share of dollar sales" Are they about to make a big move?
12-5-2022 Intel Guru Frank26 Article: "Starting tomorrow... the Central Bank of Iraq is moving to reduce the price of the dollar (document)" THE CBI SAID THERE WILL BE GRADUAL DECREASES TO THE DOLLAR EXCHANGE RATE.
12-5-2022 Newshound Guru Clare Article: "Starting tomorrow... the Central Bank of Iraq is moving to reduce the price of the dollar (document)" Quote: "The Central Bank of Iraq decided, on Sunday, to increase the weekly sales of the US dollar in the currency auction, in an attempt to restore the exchange rate to its previous state."
12-5-2022 Guest Newshound Guru CandyKisses Article: "Parliamentary: Discussions and Dialogues to Review the Dollar Exchange Rate" Quote: "MP Najwa Hamid confirmed the House's move towards reconsidering the dollar exchange rate. Hamid told Mawazine News that "there are discussions and dialogues between members of the House of Representatives, and the Finance Committee specifically to reconsider the dollar exchange rate, and we believe that an appropriate price will be maintained."
12-5-2022 Guru Nader From The Mid East The decision this morning has been made to change the exchange rate. They actually said to the old one...we don' know if it's the 1160...then they said it's gonna go down slowly...the decision is made...maybe a couple weeks maximum you're gonna see some changes. So get ready for it.
12-5-2022 Intel Guru MarkZ [via PDK] ... Warren Buffet put millions into the Iraqi Dinar. Many of the greatest financial minds have invested in the Iraqi dinar. The revaluation is a “when” not an “if”. You can doubt the timing…but, do not doubt it will be very lucrative at some point.
12-3-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
12-3-2022 Newshound Guru Clare Article "The Central Reserve exceeded $90 billion, and revealed the date for offering the 20,000 class" Quote "the value of the Iraqi currency or the balance exceeded 160%, as the value of the Iraqi dinar amounted to more than one and a half dinars...He expected, The 20,000 dinars coin will be offered at the end of next year 2023."
12-3-2022 Intel Guru MarkZ [via PDK] [Is NEER (Nominal Effective Exchange Rate) rate possible $1.60…or full RV? ($3+) ] The Neer rate is always possible…But, I am looking for the full RV or a reinstatement rate...The reinstatement rate would be around $3.20 something...unless they factor in inflation would make it considerably higher...
12-3-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-3-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: All the main banks in Iraq are saying they are keeping up with modern technology and...lined up with International standards and acceptance proceedings. FRANK: Holy cow!
12-3-2022 Newshound Guru Pimpy The Iraqi dinar at the time was worth $3.22...Kuwait dinar...$3.45...internationally the currencies were not usable. Central banks refused to acknowledge the currency and therefore it had no value. The U.S. liberated Kuwait February 28, 1991 and shortly after Kuwait redenominated their currency. So it's not so much the currency was revalued as much as it was re-denominated, which is different...I'm anticipating [Iraq] is going to do the same thing Kuwait did...you'll be able to exchange your old dinars for the new dinars and they'll just reinstate the rate. [Post 2 of 2]
12-3-2022 Newshound Guru Pimpy What happened between Kuwait and Iraq? August 2, 1990 Iraq invaded Kuwait. They occupied the country around October of 1990. Saddam Hussein told the people in Kuwait they had until October 3rd to exchange their Kuwaiti dinars for the Iraqi dinars. After that the Kuwait dinars wouldn't have any value...Both currencies immediately were devalued. Kuwait's dinar was devalued to protect it from being stolen and sold on the black market. Iraqi dinars were devalued because of the invasion. [Post 1 of 2....stay tuned]
12-3-2022 Intel Guru Frank26 Notice how they constantly talk about the exchange rate. I don't care if they deny it or once again repeat it. None of this is important...The most important thing is that they are talking about it and doing it. That is a pattern not to be ignored. Like I told you 2 weeks ago the CBI would be talking a lot from now on and they are aren't they...
12-3-2022 Intel Guru MarkZ [via PDK] Great news out of the sandbox... The Iraqi cabinet is nearly completely sat now. 2 key seatings have just occurred. It appears the entire cabinet will be done before the sun sets today...Now we just need "the" news we are looking for... There is a lot of speculation out there that we should then see our RV within a few days of the completion of this cabinet. At least that is the chatter. I do believe the CBI had been waiting to make sure the government of Iraq has their ducks in a row before they change that rate. The CBI is firmly in charge of changing the rate in Iraq. So to me the news is pretty exciting coming out of Iraq. We are seeing it all come together.
12-3-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] Iraqi BANK FRIEND: When they announce the government of Iraq is finally seated the new budget will be introduced to parliament...The budget is a number of laws within a law. It is at that time that they will expose the laws. These laws will be read upon the receiving the budget to parliament. The reading of the budget laws by line item...will reveal the exchange rate.
12-3-2022 Newshound Guru Clare Article "The Iraqi Parliament completes the cabinet of the Sudanese government by granting confidence to two ministers" Quote "the Media Department of the House of Representatives stated that an absolute majority voted to grant confidence to the two ministers, and thus the ministerial cabinet of the current federal government headed by Prime Minister Mohamed Shia Al-Sudani has been completed."
12-3-2022 Guest Newshound Guru UncleVersi Article "In the document Al-Sudani presents candidates for the presidency of the House of Representatives for the two vacant ministries in his government" Quote "The Presidency of the Council decided to vote on the candidates in a session on Saturday."
12-3-2022 Intel Guru Bruce [via WiserNow] ...it appears that those of us in tier four B will receive our notifications - at this point - It looks more like overnight Sunday into Monday morning - set an appointment on Monday or changes to start on Tuesday...Now that's where it is right now...Looking very good at this point. ...Let's see what happens - might not be anything until Monday. But you never know they could surprise us and bring something Saturday.
12-3-2022 Newshound Guru Clare Article "The Central Reserve exceeded $90 billion, and revealed the date for offering the 20,000 class" Quote "the value of the Iraqi currency or the balance exceeded 160%, as the value of the Iraqi dinar amounted to more than one and a half dinars...He expected, The 20,000 dinars coin will be offered at the end of next year 2023."
12-3-2022 Intel Guru MarkZ [via PDK] [Is NEER (Nominal Effective Exchange Rate) rate possible $1.60…or full RV? ($3+) ] The Neer rate is always possible…But, I am looking for the full RV or a reinstatement rate...The reinstatement rate would be around $3.20 something...unless they factor in inflation would make it considerably higher...
12-3-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-3-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: All the main banks in Iraq are saying they are keeping up with modern technology and...lined up with International standards and acceptance proceedings. FRANK: Holy cow!
12-3-2022 Newshound Guru Pimpy The Iraqi dinar at the time was worth $3.22...Kuwait dinar...$3.45...internationally the currencies were not usable. Central banks refused to acknowledge the currency and therefore it had no value. The U.S. liberated Kuwait February 28, 1991 and shortly after Kuwait redenominated their currency. So it's not so much the currency was revalued as much as it was re-denominated, which is different...I'm anticipating [Iraq] is going to do the same thing Kuwait did...you'll be able to exchange your old dinars for the new dinars and they'll just reinstate the rate. [Post 2 of 2]
12-3-2022 Newshound Guru Pimpy What happened between Kuwait and Iraq? August 2, 1990 Iraq invaded Kuwait. They occupied the country around October of 1990. Saddam Hussein told the people in Kuwait they had until October 3rd to exchange their Kuwaiti dinars for the Iraqi dinars. After that the Kuwait dinars wouldn't have any value...Both currencies immediately were devalued. Kuwait's dinar was devalued to protect it from being stolen and sold on the black market. Iraqi dinars were devalued because of the invasion. [Post 1 of 2....stay tuned]
12-3-2022 Intel Guru Frank26 Notice how they constantly talk about the exchange rate. I don't care if they deny it or once again repeat it. None of this is important...The most important thing is that they are talking about it and doing it. That is a pattern not to be ignored. Like I told you 2 weeks ago the CBI would be talking a lot from now on and they are aren't they...
12-3-2022 Intel Guru MarkZ [via PDK] Great news out of the sandbox... The Iraqi cabinet is nearly completely sat now. 2 key seatings have just occurred. It appears the entire cabinet will be done before the sun sets today...Now we just need "the" news we are looking for... There is a lot of speculation out there that we should then see our RV within a few days of the completion of this cabinet. At least that is the chatter. I do believe the CBI had been waiting to make sure the government of Iraq has their ducks in a row before they change that rate. The CBI is firmly in charge of changing the rate in Iraq. So to me the news is pretty exciting coming out of Iraq. We are seeing it all come together.
12-3-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] Iraqi BANK FRIEND: When they announce the government of Iraq is finally seated the new budget will be introduced to parliament...The budget is a number of laws within a law. It is at that time that they will expose the laws. These laws will be read upon the receiving the budget to parliament. The reading of the budget laws by line item...will reveal the exchange rate.
12-3-2022 Newshound Guru Clare Article "The Iraqi Parliament completes the cabinet of the Sudanese government by granting confidence to two ministers" Quote "the Media Department of the House of Representatives stated that an absolute majority voted to grant confidence to the two ministers, and thus the ministerial cabinet of the current federal government headed by Prime Minister Mohamed Shia Al-Sudani has been completed."
12-3-2022 Guest Newshound Guru UncleVersi Article "In the document Al-Sudani presents candidates for the presidency of the House of Representatives for the two vacant ministries in his government" Quote "The Presidency of the Council decided to vote on the candidates in a session on Saturday."
12-3-2022 Intel Guru Bruce [via WiserNow] ...it appears that those of us in tier four B will receive our notifications - at this point - It looks more like overnight Sunday into Monday morning - set an appointment on Monday or changes to start on Tuesday...Now that's where it is right now...Looking very good at this point. ...Let's see what happens - might not be anything until Monday. But you never know they could surprise us and bring something Saturday.
12-4-2022 *** Dinar Guru News Flash *** Early reports indicate the Iraqi parliament has vote for the final 2 Minister seats. This would mean Prime Minister Sudani's goverment is complete and has the confidence of parlimanent. Many gurus have been looking for this to signal a 'stable Iraqi government'. Stay tuned as the gurus chime in on it's impact on the Iraqi dinar and it's prospects to increase in value... The latest guru posts will continue below...
12-4-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
12-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The TV is talking all the gold they now have. They're tying it in with the Monetary Reform. FRANK: Yes, they have told you in the past that you have a tremendous amount of gold to back up your reserves for your currency but you also have so much untapped reserve potential in the ground...Iraq is extremely rich...you will become a Mecca in the east.
12-4-2022 Newshound Guru Pimpy There's some interesting developments involving the exchange rate. I was impressed when Al-Kazemi was prime minister but I'm super impressed so far by the speed in which Al-Sudani is moving...
12-4-2022 Newshound Guru Kaperoni People always wonder why Iraq can't significantly RV the Iraqi dinar and often compare it to other Middle East countries. The difference is Iraq has over 83 trillion dinar in circulation compared to between 40 to 80 billion dinar and many other Arab states.
12-4-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-4-2022 Newshound Guru Sandy Ingram What I want you to focus on is the Central Bank of Iraq collects Iraqi dinars left and right every day in the auctions. Never ever forget this fact. What is the CBI doing with all the Iraqi dinars? ...the Iraqi [central] bank is collecting millions of Iraq dinar daily...they are making their money scarce. [Post 2 of 2]
12-4-2022 Newshound Guru Sandy Ingram The money auctions that happen in Iraq daily...Iraq has an account with the Federal Reserve Bank in New York which draws down money on Iraq's oil reserves. Pallets of hundred dollar bills are flown into Baghdad where the Central Bank of Iraq takes possession...The CBI then sells these dollars in daily auctions to Iraqi Bank and money transferring firms in exchange for Iraqi dinars. [Post 1 of 2....stay tuned]
12-4-2022 Intel Guru Frank26 They're gonna have a 1, 5, 10, 20, 50 and a 100. How are they going to get those? Well the 5,000 they lift the 3-zeros and it's a 5. The 10,000 they lift the 3-zeros and it's a ten...they're printing a 20,000 note...remove the 3-zeros we go the 20. They're well prepared. They have things well calculated.
12-4-2022 Intel Guru MarkZ [via PDK] [Remember when we thought the Dinar was going to be .86 and the Dong .05? We were so excited then!!!] I still believe the dong will come out at the $2 - $2.25 range. Contacts say it may be closer to $3.50 or so…but I still expect $2 - $2.25.
12-4-2022 Newshound Guru Militia Man Article: "A deputy reveals the developments of the budget and calls for it to be sent before this day" Quote: "revealed the latest developments in approving the general budget, calling on the government to send it to the House of Representatives before the sixth day of this month...If the government succeeds in sending the general budget to the House of Representatives, the latter will continue to hold sessions until it is approved without going to the legislative recess." There are no coincidences to the on goings. The are pointing to a key date. 12/06/2022.
12-4-2022 Newshound Guru Samson Article: "The House of Representatives adjourns its session to next Monday" CABINET is SEATED...
12-4-2022 Newshound/Intel Guru RVAlready Article: "The Iraqi Parliament completes the cabinet of the Sudanese government by granting confidence to two ministers" Now, we just need a surprise announcement from the CBI.
12-4-2022 Newshound/Intel Guru Mnt Goat Welcome to the month of December! This is a very critical month for us investors in the IQD for if we are going to see any action by the CBI to reinstate the dinar anytime in January 2023. We must begin to hear news from them over the change out of the paper currency in circulation to the lower denominations to accommodate the new rate which they call the “project to delete the zeros”, which we all hope will be finally out of the program rate and to a much higher once on FOREX. Yes, a rate reflecting the true VALUE of the IQD, a rate we are all looking for.
12-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The TV is talking all the gold they now have. They're tying it in with the Monetary Reform. FRANK: Yes, they have told you in the past that you have a tremendous amount of gold to back up your reserves for your currency but you also have so much untapped reserve potential in the ground...Iraq is extremely rich...you will become a Mecca in the east.
12-4-2022 Newshound Guru Pimpy There's some interesting developments involving the exchange rate. I was impressed when Al-Kazemi was prime minister but I'm super impressed so far by the speed in which Al-Sudani is moving...
12-4-2022 Newshound Guru Kaperoni People always wonder why Iraq can't significantly RV the Iraqi dinar and often compare it to other Middle East countries. The difference is Iraq has over 83 trillion dinar in circulation compared to between 40 to 80 billion dinar and many other Arab states.
12-4-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-4-2022 Newshound Guru Sandy Ingram What I want you to focus on is the Central Bank of Iraq collects Iraqi dinars left and right every day in the auctions. Never ever forget this fact. What is the CBI doing with all the Iraqi dinars? ...the Iraqi [central] bank is collecting millions of Iraq dinar daily...they are making their money scarce. [Post 2 of 2]
12-4-2022 Newshound Guru Sandy Ingram The money auctions that happen in Iraq daily...Iraq has an account with the Federal Reserve Bank in New York which draws down money on Iraq's oil reserves. Pallets of hundred dollar bills are flown into Baghdad where the Central Bank of Iraq takes possession...The CBI then sells these dollars in daily auctions to Iraqi Bank and money transferring firms in exchange for Iraqi dinars. [Post 1 of 2....stay tuned]
12-4-2022 Intel Guru Frank26 They're gonna have a 1, 5, 10, 20, 50 and a 100. How are they going to get those? Well the 5,000 they lift the 3-zeros and it's a 5. The 10,000 they lift the 3-zeros and it's a ten...they're printing a 20,000 note...remove the 3-zeros we go the 20. They're well prepared. They have things well calculated.
12-4-2022 Intel Guru MarkZ [via PDK] [Remember when we thought the Dinar was going to be .86 and the Dong .05? We were so excited then!!!] I still believe the dong will come out at the $2 - $2.25 range. Contacts say it may be closer to $3.50 or so…but I still expect $2 - $2.25.
12-4-2022 Newshound Guru Militia Man Article: "A deputy reveals the developments of the budget and calls for it to be sent before this day" Quote: "revealed the latest developments in approving the general budget, calling on the government to send it to the House of Representatives before the sixth day of this month...If the government succeeds in sending the general budget to the House of Representatives, the latter will continue to hold sessions until it is approved without going to the legislative recess." There are no coincidences to the on goings. The are pointing to a key date. 12/06/2022.
12-4-2022 Newshound Guru Samson Article: "The House of Representatives adjourns its session to next Monday" CABINET is SEATED...
12-4-2022 Newshound/Intel Guru RVAlready Article: "The Iraqi Parliament completes the cabinet of the Sudanese government by granting confidence to two ministers" Now, we just need a surprise announcement from the CBI.
12-4-2022 Newshound/Intel Guru Mnt Goat Welcome to the month of December! This is a very critical month for us investors in the IQD for if we are going to see any action by the CBI to reinstate the dinar anytime in January 2023. We must begin to hear news from them over the change out of the paper currency in circulation to the lower denominations to accommodate the new rate which they call the “project to delete the zeros”, which we all hope will be finally out of the program rate and to a much higher once on FOREX. Yes, a rate reflecting the true VALUE of the IQD, a rate we are all looking for.
12-2-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
12-2-2022 Intel Guru Frank26 Article: "Al-Salhi Announces The Date Of Raising The Budget To The House Of Representatives And Voting On It" THEY SAY BUDGET BY TUESDAY... MISSED THE 5TH BY 1 DAY.
12-2-2022 Newshound Guru Kaperoni Parliament will complete the cabinet this weekend and then they can RV the dinar. Not going to happen. Not how monetary policy works.
12-2-2022 Intel Guru Bruce [via WiserNow] I told you guys I wasn't calling it Tuesday - but...in my spirit – in my heart I really thought we were done - that was it...Now, certain things have happened ...We have almost 1300 Bankers listed in less than 20 - 29 hours in Canada - the US - Iran – Iraq - and Afghanistan...arrested - probably needed to be done. Probably needed that to happen - before we went...and there may be more things that need to happen - that still haven't happened...
12-2-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-2-2022 Newshound Guru Pimpy Every time I read the news...it's not like I'm standing around clapping, going 'oh, good I gotta wait even longer to see any kind of real change in the exchange rate.'...it's to the point now where I cannot picture them [Iraq] moving forward with the same currency knowing that there's that much out there in the hands of some corrupt people. Maybe the international community won't care. I doubt it...Most likely what's going to happen is they're going to have to issue new currencies making the stolen currency obsolete...
12-2-2022 Intel Guru Frank26 Article: "Parliament announces the agenda for the next Saturday session (completion of the ministerial cabinet)". A GOVERNMENT BY NEXT SATURDAY... THEN THE BUDGET AND ALL THE LINE ITEMS REVEALED.
12-2-2022 Newshound Guru Militia Man ...We saw meetings with the International Monetary Fund (IMF), Central Bank of Iraq (CBI). Finance Ministry of Iraq (FM), Federal Audit Bureau (FAB), etc...They have the 2003 Budget in the news today too...That meeting with the IMF had auditors at the Federal level... Then we see them talk today about the budget draft to be voted on in the late hours prior to 12/08/022 with the Parliament...the data necessary for a rate change is likely upon us sooner than later.
12-2-2022 Intel Guru MarkZ [via PDK] its exceptionally quiet right now on the RV front…even out of Iraq…There is nothing negative. Everyone is still very upbeat...It could be at anytime…we do not know the timing…
12-2-2022 Guest Guru BeeDeeDub [Follow up #2 to Guru Frank26 Wells Fargo Bank post 11-30-2022 below]. I just called the Wells Fargo foreign exchange Thursday, December 1, 2022 at 11:27AM EST. When I called last night, I called (apparently) after business hours at 7:45PM EST...I asked if I had the Foreign Exchange people, and she said "Yes". I told her I had some foreign currency which I might like to exchange for U.S. Dollars. She asked which currency, and I told her the Iraqi Dinar. She explicitly stated "No, I'm sorry, we don't handle the Iraqi dinar. We do not exchange that particular currency." So there you have it. I got the exact same message from a LIVE PERSON as I had received last night from a recorded message.
12-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend at the bank thinks if Iraq gets this budget approved in December that no doubt you will see a rate change in January. He's saying it's just his opinion. FRANK: Yes the budget draft law will open the reforms...
12-2-2022 Newshound Guru Clare Article: "Central Bank of Euphrates News: No denomination will be withdrawn from the Iraqi currency, and the 20,000 is in the process of being designed" Quote: "It is noteworthy that Iraq has - so far - 7 categories of local currency issued by the Central Bank of Iraq, which are {250 dinars, 500 dinars, 1000 dinars, 5000 dinars, 10000 dinars, 25000 dinars, and 50000 dinars"
12-2-2022 Intel Guru MarkZ [via PDK] “The Kurdistan region proves its share of next years budget. How much?” 14 % of the budget is going to Kurdistan. This is huge. This is the first time since we have been watching this that they have agreed to HCL/140 . We were told this was key before they announced the rate according to my contacts over there. CBI have been waiting for this I was told...In print they have agreed to the oil and gas law. All money will get shared as it is supposed to get shared.
12-2-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] All the private banks and the CBI are meeting right now...the #1 thing we are discussing...is the money laundering. Most of this has been dealt with...we are constantly talking about the new small category notes - Where to store them. How to issue them...and we are in conversation about the exchange rate we are about to release. Also, we meet with the CBI to talk about the international float...the currency exchange process...
12-2-2022 Intel Guru Frank26 Article: "Al-Salhi Announces The Date Of Raising The Budget To The House Of Representatives And Voting On It" THEY SAY BUDGET BY TUESDAY... MISSED THE 5TH BY 1 DAY.
12-2-2022 Newshound Guru Kaperoni Parliament will complete the cabinet this weekend and then they can RV the dinar. Not going to happen. Not how monetary policy works.
12-2-2022 Intel Guru Bruce [via WiserNow] I told you guys I wasn't calling it Tuesday - but...in my spirit – in my heart I really thought we were done - that was it...Now, certain things have happened ...We have almost 1300 Bankers listed in less than 20 - 29 hours in Canada - the US - Iran – Iraq - and Afghanistan...arrested - probably needed to be done. Probably needed that to happen - before we went...and there may be more things that need to happen - that still haven't happened...
12-2-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-2-2022 Newshound Guru Pimpy Every time I read the news...it's not like I'm standing around clapping, going 'oh, good I gotta wait even longer to see any kind of real change in the exchange rate.'...it's to the point now where I cannot picture them [Iraq] moving forward with the same currency knowing that there's that much out there in the hands of some corrupt people. Maybe the international community won't care. I doubt it...Most likely what's going to happen is they're going to have to issue new currencies making the stolen currency obsolete...
12-2-2022 Intel Guru Frank26 Article: "Parliament announces the agenda for the next Saturday session (completion of the ministerial cabinet)". A GOVERNMENT BY NEXT SATURDAY... THEN THE BUDGET AND ALL THE LINE ITEMS REVEALED.
12-2-2022 Newshound Guru Militia Man ...We saw meetings with the International Monetary Fund (IMF), Central Bank of Iraq (CBI). Finance Ministry of Iraq (FM), Federal Audit Bureau (FAB), etc...They have the 2003 Budget in the news today too...That meeting with the IMF had auditors at the Federal level... Then we see them talk today about the budget draft to be voted on in the late hours prior to 12/08/022 with the Parliament...the data necessary for a rate change is likely upon us sooner than later.
12-2-2022 Intel Guru MarkZ [via PDK] its exceptionally quiet right now on the RV front…even out of Iraq…There is nothing negative. Everyone is still very upbeat...It could be at anytime…we do not know the timing…
12-2-2022 Guest Guru BeeDeeDub [Follow up #2 to Guru Frank26 Wells Fargo Bank post 11-30-2022 below]. I just called the Wells Fargo foreign exchange Thursday, December 1, 2022 at 11:27AM EST. When I called last night, I called (apparently) after business hours at 7:45PM EST...I asked if I had the Foreign Exchange people, and she said "Yes". I told her I had some foreign currency which I might like to exchange for U.S. Dollars. She asked which currency, and I told her the Iraqi Dinar. She explicitly stated "No, I'm sorry, we don't handle the Iraqi dinar. We do not exchange that particular currency." So there you have it. I got the exact same message from a LIVE PERSON as I had received last night from a recorded message.
12-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend at the bank thinks if Iraq gets this budget approved in December that no doubt you will see a rate change in January. He's saying it's just his opinion. FRANK: Yes the budget draft law will open the reforms...
12-2-2022 Newshound Guru Clare Article: "Central Bank of Euphrates News: No denomination will be withdrawn from the Iraqi currency, and the 20,000 is in the process of being designed" Quote: "It is noteworthy that Iraq has - so far - 7 categories of local currency issued by the Central Bank of Iraq, which are {250 dinars, 500 dinars, 1000 dinars, 5000 dinars, 10000 dinars, 25000 dinars, and 50000 dinars"
12-2-2022 Intel Guru MarkZ [via PDK] “The Kurdistan region proves its share of next years budget. How much?” 14 % of the budget is going to Kurdistan. This is huge. This is the first time since we have been watching this that they have agreed to HCL/140 . We were told this was key before they announced the rate according to my contacts over there. CBI have been waiting for this I was told...In print they have agreed to the oil and gas law. All money will get shared as it is supposed to get shared.
12-2-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] All the private banks and the CBI are meeting right now...the #1 thing we are discussing...is the money laundering. Most of this has been dealt with...we are constantly talking about the new small category notes - Where to store them. How to issue them...and we are in conversation about the exchange rate we are about to release. Also, we meet with the CBI to talk about the international float...the currency exchange process...
12-1-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
12-1-2022 Newshound Guru Pimpy I can't see them doing any kind of exchange rate on this budget. What do I think Iraq will do now? ...Find as much [stolen] money as possible. Get back on track as quickly as possible. Issue a new type of Iraq dinar and this could be their excuse when they go to issue the new Iraqi dinar to delete the zeros - kill two birds with one stone. Then go ahead and change the exchange rate...I don't know how much longer they're going to continue to move forward using the current currency that they have given the fact that trillions of dinars have been stolen. That's just not going to work.
12-1-2022 Intel Guru MarkZ [via PDK] in Iraq: “Parliament announces the agenda for the next Saturday session (completion of the ministerial cabinet) “ This is 2 days from now. Some people think this is important and that the CBI wants to see this government properly sat and all squared away before they change the value of the dinar. I still think it is solely within the CBI’s powers …but this is an important article based on what I hear out of Iraq…that the CBI wants to make certain that the government is truly secure.
12-1-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
12-1-2022 Intel Guru Frank26 ...Once you see Article 140...HCL, the next thing you will see will be the new exchange rate...We've see Article 140...HCL is busting open the budget...In my opinion Article 140 activates HCL and that activation alone is what's going to bust open the budget. In the budget we'll see the birth of Article VIII to the reforms. Article VIII leads us to Forex...which then leads to a float.
12-1-2022 Newshound Guru Kaperoni Like every year, Iraq's budgets are created in dollars, then converted to dinar at whatever the exchange rate is. There is no significant RV of the Iraqi dinar...
12-1-2022 Newshound Guru Clare Question: "now that the 2 Kurdish ministers are agreed does this mean they have a seated gov?" THEY HAVE YET TO BE VOTED ON...DECEMBER 5TH...IT MAY BE A DAY TO SEE THE FULLY SEATED GOV imo
12-1-2022 Intel Guru Frank26 Parliament is waiting for the new exchange rate from the CBI just like I told you...everybody waits for the exchange rate. They are all waiting for the exchange rate that is about to come from the CBI governor to the Prime Minister of Iraq Sudani...
12-1-2022 Intel Guru MarkZ [via PDK] [Mark, did u hear today is to be a pivotal day? Many seem to think it will be.] ...chatter is a bunch of contacts swear we should get announcements at some point today…. I think that is premature. I hope I am wrong... [It would be such a blessing to receive the RV before Christmas! Do you think we will?] I was astounded when we hit December without it…but yes I think we could see it before Christmas. ...What you need to focus on is things are moving…
12-1-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] BANK FRIEND: When they introduce the GOI that's when the exchange rate will be exposed in the budget. Because it will require laws to be voted on, to be passed, for the exchange rate to be used for the reforms.
12-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor comes out and gives a statement on how it's illegal for him to discuss or even predict anything related to a rate change. He went on a rant. He talked like 5 minutes. FRANK: Isn't this something! ...the governor comes out and says according to our constitution and our laws I can't tell you we're going to raise the value... FIREFlY: Why even do this if something not about to happen.
12-1-2022 Newshound Guru Pimpy Article: "Central Bank of Euphrates News: No denomination will be withdrawn from the Iraqi currency, and the 20,000 is in the process of being designed" I like the fact that it's definitely a lower denomination...they have the 250...500...1,000...5,000... 10,000 ...20,000 and 50,000 so now they want to create a 20,000 dinars. What I'm anticipating is...we're going to see the 25,000 and 50,000 dinars removed. Not right away but removed...they'll definitely be heading in the right direction. That'll definitely bring a lot of positive vibes to those individuals who've been waiting for the dinar to gain in value...
12-1-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ’S OIL GENERATES MORE THAN 8 BILLION DOLLARS IN ONE MONTH" WOW! WOW! WOW! This is a filthy rich country! Yes, and the dinar is still 1/6 of a penny? ...The monthly revenue of the IQD is more than twice that of the economy of Kuwaiti KWD, their neighbor yet Kuwaiti dinar is KWD 1 equaling US$3.26 (up 26% today) and the Iraqi dinar IQD equaling only 1/6 of a $US0.01. Can you see the artificial suppression of the IQD. Why? When will they allow the true value of the IQD to be reflected in its rate and have the rate traded internationally like the KWD?
12-1-2022 Guest Guru BeeDeeDub [Reference Guru Frank26 Well Fargo Bank post 11-30-2022 below] I PERSONALLY CALLED the...Wells Fargo Foreign Exchange telephone number...Wednesday, November 30, 2022, at exactly 7:45PM Eastern Time. The recording on that phone number explicitly stated "There are several currencies we currently do not offer, and have no plans of offering in the future, such as the Zimbabwe <<currency name>> and the Iraqi Dinar." [Also] the Iraqi Dinar STILL IS NOT LISTED ON THE WELLS FARGO FOREIGN CURRENCY WEB PAGES.
12-1-2022 Intel Guru MarkZ [via PDK] Well we certainly appear to be awfully close…I can’t wait to see what the next few days bring us…hopefully appointments.
12-1-2022 Newshound Guru Pimpy I can't see them doing any kind of exchange rate on this budget. What do I think Iraq will do now? ...Find as much [stolen] money as possible. Get back on track as quickly as possible. Issue a new type of Iraq dinar and this could be their excuse when they go to issue the new Iraqi dinar to delete the zeros - kill two birds with one stone. Then go ahead and change the exchange rate...I don't know how much longer they're going to continue to move forward using the current currency that they have given the fact that trillions of dinars have been stolen. That's just not going to work.
12-1-2022 Intel Guru MarkZ [via PDK] in Iraq: “Parliament announces the agenda for the next Saturday session (completion of the ministerial cabinet) “ This is 2 days from now. Some people think this is important and that the CBI wants to see this government properly sat and all squared away before they change the value of the dinar. I still think it is solely within the CBI’s powers …but this is an important article based on what I hear out of Iraq…that the CBI wants to make certain that the government is truly secure.
12-1-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
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12-1-2022 Intel Guru Frank26 ...Once you see Article 140...HCL, the next thing you will see will be the new exchange rate...We've see Article 140...HCL is busting open the budget...In my opinion Article 140 activates HCL and that activation alone is what's going to bust open the budget. In the budget we'll see the birth of Article VIII to the reforms. Article VIII leads us to Forex...which then leads to a float.
12-1-2022 Newshound Guru Kaperoni Like every year, Iraq's budgets are created in dollars, then converted to dinar at whatever the exchange rate is. There is no significant RV of the Iraqi dinar...
12-1-2022 Newshound Guru Clare Question: "now that the 2 Kurdish ministers are agreed does this mean they have a seated gov?" THEY HAVE YET TO BE VOTED ON...DECEMBER 5TH...IT MAY BE A DAY TO SEE THE FULLY SEATED GOV imo
12-1-2022 Intel Guru Frank26 Parliament is waiting for the new exchange rate from the CBI just like I told you...everybody waits for the exchange rate. They are all waiting for the exchange rate that is about to come from the CBI governor to the Prime Minister of Iraq Sudani...
12-1-2022 Intel Guru MarkZ [via PDK] [Mark, did u hear today is to be a pivotal day? Many seem to think it will be.] ...chatter is a bunch of contacts swear we should get announcements at some point today…. I think that is premature. I hope I am wrong... [It would be such a blessing to receive the RV before Christmas! Do you think we will?] I was astounded when we hit December without it…but yes I think we could see it before Christmas. ...What you need to focus on is things are moving…
12-1-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick's Iraqi Bank partner/friend update] BANK FRIEND: When they introduce the GOI that's when the exchange rate will be exposed in the budget. Because it will require laws to be voted on, to be passed, for the exchange rate to be used for the reforms.
12-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor comes out and gives a statement on how it's illegal for him to discuss or even predict anything related to a rate change. He went on a rant. He talked like 5 minutes. FRANK: Isn't this something! ...the governor comes out and says according to our constitution and our laws I can't tell you we're going to raise the value... FIREFlY: Why even do this if something not about to happen.
12-1-2022 Newshound Guru Pimpy Article: "Central Bank of Euphrates News: No denomination will be withdrawn from the Iraqi currency, and the 20,000 is in the process of being designed" I like the fact that it's definitely a lower denomination...they have the 250...500...1,000...5,000... 10,000 ...20,000 and 50,000 so now they want to create a 20,000 dinars. What I'm anticipating is...we're going to see the 25,000 and 50,000 dinars removed. Not right away but removed...they'll definitely be heading in the right direction. That'll definitely bring a lot of positive vibes to those individuals who've been waiting for the dinar to gain in value...
12-1-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ’S OIL GENERATES MORE THAN 8 BILLION DOLLARS IN ONE MONTH" WOW! WOW! WOW! This is a filthy rich country! Yes, and the dinar is still 1/6 of a penny? ...The monthly revenue of the IQD is more than twice that of the economy of Kuwaiti KWD, their neighbor yet Kuwaiti dinar is KWD 1 equaling US$3.26 (up 26% today) and the Iraqi dinar IQD equaling only 1/6 of a $US0.01. Can you see the artificial suppression of the IQD. Why? When will they allow the true value of the IQD to be reflected in its rate and have the rate traded internationally like the KWD?
12-1-2022 Guest Guru BeeDeeDub [Reference Guru Frank26 Well Fargo Bank post 11-30-2022 below] I PERSONALLY CALLED the...Wells Fargo Foreign Exchange telephone number...Wednesday, November 30, 2022, at exactly 7:45PM Eastern Time. The recording on that phone number explicitly stated "There are several currencies we currently do not offer, and have no plans of offering in the future, such as the Zimbabwe <<currency name>> and the Iraqi Dinar." [Also] the Iraqi Dinar STILL IS NOT LISTED ON THE WELLS FARGO FOREIGN CURRENCY WEB PAGES.
12-1-2022 Intel Guru MarkZ [via PDK] Well we certainly appear to be awfully close…I can’t wait to see what the next few days bring us…hopefully appointments.
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11-30-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: The budget will not be approved until 2023. We're being told again today that it will be in parliament by the 9th for review and will be voted on in early 2023. FRANK: As far as what they say about the 9th, if that happens January 1, 2023 will be very good for us.
11-30-2022 Newshound Guru Pimpy Article "Al-Sudani announces the recovery of large sums from the theft of the century" The smart thing the government should do is turn around and have new dinars created (I know you guys aren't going to like this...) and exchange them for that dinar that are out there. Thus eliminating the value of the dinars that were stolen. Make them obsolete...that appears to me to be the safest way...I'm not saying that's what they're going to do. I just think that's what they should do.
11-30-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-30-2022 Guest Newshound Guru Henig Article "Central Bank of Euphrates News: No denomination will be withdrawn from the Iraqi currency, and the 20,000 is in the process of being designed"
11-30-2022 Intel Guru Bruce [via WiserNow] In my understanding this is confirmed from five different bank sources and the US Treasury that we will receive or notifications essentially wake up to them - set our appointments Thursday morning and begin exchanges on Thursday which is the day of December 1...I feel very confident about the Intel that we've had the last 3-4 days and I think you guys should just about start getting excited... Pretty excited here.
11-30-2022 Intel Guru Frank26 Wells Fargo foreign currency main phone number - every time that you would call them they would tell you the currencies that they did not sell...the Iraqi dinar was always on that list. If you call that number now the Iraqi dinar is no longer on Wells Fargo's list [of not sold currency]. What happened Wells Fargo?
11-30-2022 Newshound Guru Samson Article: "For the fifth month in a row, the contribution of oil to the Iraqi budget reached 96%" Quote: "the high percentage of the oil sector's contribution to the budget is alarming, which means that the state has not tried or is trying to diversify its economy, which is still rentier, which will make international oil prices control Iraq's general budget."
11-30-2022 Newshound Guru Militia Man The UST has closed access to 14 banks suspected of selling currency to countries with sanctions. That didn't go over well apparently.. I am under the impression the UST is still in Iraq... Fairly sure the country needs an international rate, just as will the 2023 Budget...Trading partners are going to need to be on the same page with contracts... Just as the borders are.. All digitized, hence, the UST involvement of late.. Looking good...
11-30-2022 Intel Guru MarkZ [via PDK] We are getting some really fun news right now…now we will see if it really happens... There are a tremendous amount of rumors going around about possible announcements this afternoon. This may be premature…but there is a lot of chatter about today….
11-30-2022 Newshound Guru Pimpy Article: "The State Administration Alliance decides to activate Article 140 of the Iraqi constitution" ...Al-Sudani has now activated the Article 140 which has been dormant since 2014. What that means is they have to form a committee...within 10 days they should have a committee together to review how to come up with an agreement with Kurdistan on how to handle Kirkuk.
11-30-2022 Intel Guru Frank26 Article Quote: "At the meeting it was decided to activate Article 140 of the Iraqi constitution provided that a committee would be formed...to begin its duties within a period of 10 days." Article: "The state Administration Coalition decides to activate Article 140 of the Iraqi Constitution" The button has been pushed...That means the exchange rate for the HCL is also activated and soon to be given...
11-30-2022 Intel Guru MarkZ [via PDK] [Is this is our week Mark?] Nobody knows “when” but we know its close and have some great signs and some great back and forth from some folks...
11-30-2022 Newshound/Intel Guru Mnt Goat ...Iraq is planning something in early 2023. There is just too many actions going on in the monetary reforms now all of a sudden since October to think otherwise. First, there is a new rate in the QFS and it is a fantastic rate. For months the rate for the IQD was blank now it is recalculated. Second, the new prime minister is pushing to get the 2023 budget out to parliament by the end of November then to have parliament vote and pass into law by the end of December...if they can do it, we have a very real possibility of a reinstatement in January 2023, at least I am hearing this is a target period for the CBI...
11-30-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: The budget will not be approved until 2023. We're being told again today that it will be in parliament by the 9th for review and will be voted on in early 2023. FRANK: As far as what they say about the 9th, if that happens January 1, 2023 will be very good for us.
11-30-2022 Newshound Guru Pimpy Article "Al-Sudani announces the recovery of large sums from the theft of the century" The smart thing the government should do is turn around and have new dinars created (I know you guys aren't going to like this...) and exchange them for that dinar that are out there. Thus eliminating the value of the dinars that were stolen. Make them obsolete...that appears to me to be the safest way...I'm not saying that's what they're going to do. I just think that's what they should do.
11-30-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-30-2022 Guest Newshound Guru Henig Article "Central Bank of Euphrates News: No denomination will be withdrawn from the Iraqi currency, and the 20,000 is in the process of being designed"
11-30-2022 Intel Guru Bruce [via WiserNow] In my understanding this is confirmed from five different bank sources and the US Treasury that we will receive or notifications essentially wake up to them - set our appointments Thursday morning and begin exchanges on Thursday which is the day of December 1...I feel very confident about the Intel that we've had the last 3-4 days and I think you guys should just about start getting excited... Pretty excited here.
11-30-2022 Intel Guru Frank26 Wells Fargo foreign currency main phone number - every time that you would call them they would tell you the currencies that they did not sell...the Iraqi dinar was always on that list. If you call that number now the Iraqi dinar is no longer on Wells Fargo's list [of not sold currency]. What happened Wells Fargo?
11-30-2022 Newshound Guru Samson Article: "For the fifth month in a row, the contribution of oil to the Iraqi budget reached 96%" Quote: "the high percentage of the oil sector's contribution to the budget is alarming, which means that the state has not tried or is trying to diversify its economy, which is still rentier, which will make international oil prices control Iraq's general budget."
11-30-2022 Newshound Guru Militia Man The UST has closed access to 14 banks suspected of selling currency to countries with sanctions. That didn't go over well apparently.. I am under the impression the UST is still in Iraq... Fairly sure the country needs an international rate, just as will the 2023 Budget...Trading partners are going to need to be on the same page with contracts... Just as the borders are.. All digitized, hence, the UST involvement of late.. Looking good...
11-30-2022 Intel Guru MarkZ [via PDK] We are getting some really fun news right now…now we will see if it really happens... There are a tremendous amount of rumors going around about possible announcements this afternoon. This may be premature…but there is a lot of chatter about today….
11-30-2022 Newshound Guru Pimpy Article: "The State Administration Alliance decides to activate Article 140 of the Iraqi constitution" ...Al-Sudani has now activated the Article 140 which has been dormant since 2014. What that means is they have to form a committee...within 10 days they should have a committee together to review how to come up with an agreement with Kurdistan on how to handle Kirkuk.
11-30-2022 Intel Guru Frank26 Article Quote: "At the meeting it was decided to activate Article 140 of the Iraqi constitution provided that a committee would be formed...to begin its duties within a period of 10 days." Article: "The state Administration Coalition decides to activate Article 140 of the Iraqi Constitution" The button has been pushed...That means the exchange rate for the HCL is also activated and soon to be given...
11-30-2022 Intel Guru MarkZ [via PDK] [Is this is our week Mark?] Nobody knows “when” but we know its close and have some great signs and some great back and forth from some folks...
11-30-2022 Newshound/Intel Guru Mnt Goat ...Iraq is planning something in early 2023. There is just too many actions going on in the monetary reforms now all of a sudden since October to think otherwise. First, there is a new rate in the QFS and it is a fantastic rate. For months the rate for the IQD was blank now it is recalculated. Second, the new prime minister is pushing to get the 2023 budget out to parliament by the end of November then to have parliament vote and pass into law by the end of December...if they can do it, we have a very real possibility of a reinstatement in January 2023, at least I am hearing this is a target period for the CBI...
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11-29-2022 Newshound Guru Clare Article: "Turkmen Parliamentary Bloc holds a conference on 'attempts to activate Article 140"
11-29-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani appointed two ministers...he says it's to speedup the preparation of the budget to parliament...Sudani is becoming an amazing leader for us. He too says, he expects the budget to be approved in January of 2023. FRANK: That's Sudani. You also have February. You also have March. All these opinions. You also have me pleading the "5th"...
11-29-2022 Newshound Guru Petra Article: "Al-Fatlawi: The torrent of anti-corruption will affect many names, most notably Al-Kazemi" I believe we heard $150B dinars were being returned to the people per the announcement by Al-Sadani. He didn’t hold that information back…for a reason. He wants not only the people to know his governments actions but also a message to the international market that they mean business! They will need the secondary markets soon and they need to demonstrate action specific to corruption…and yes, more $$$ to come. Anybody hear from Maliki?
11-29-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-29-2022 Newshound Guru Kaperoni [Guru] Frank26...claims...nobody is under an NDA because they're all talking about it. That's true, nobody is under an NDA regarding Iraq
11-29-2022 Newshound Guru Sandy Ingram Article: "Opec+ decision did not reduce Iraq's exports" OPEC+ produces 43 million barrels of oil per day. Iraq produces 11% of this total...supply and demand is still king... next years prices per barrel...will be between $85 and $95 maybe less...OPEC controls and hold approximately 80% of the world's oil so for now Iraq's revenue is okay and for that we are grateful.
11-29-2022 Newshound Guru Pimpy Article: "Al-Sudani announces the recovery of large sums from the theft of the century" ...over 2.5 trillion dinar has been stolen. They recovered 182 billion of it. In your wildest dream you think these people are going to turn around and increase the exchange rate knowing that a huge amount of money out there...in the hands of criminals? And make these people even richer than they are? No it's not going to happen... [Post 2 of 2]
11-29-2022 Newshound Guru Pimpy I got people out there talking [that] this next budget we're going to see a huge increase in the Iraqi dinar exchange rate. No you're not...Let me tell you why. For the same reason I stressed the first time you might not see the exchange rate happen, they were still missing a ton of money...you might indirectly end up financing a terrorist group who stole the money. Remember ISIS stole a big chunk of the Iraqi dinar so if they couldn't account for it then they weren't going to change the exchange rate in fear of accidentally financing a terrorist group. The same could be said for this right here. [Post 1 of 2....stay tuned]
11-29-2022 Intel Guru MarkZ [via PDK] The passing of article 140 is huge…and a big part of the excitement today. ...Iraqi chatter...from overnight…is they are going to announce to the world that they changed their rate on the 3rd of Dec...theoretically they need to RV a few days ahead of that… This would mean things need to happen very soon…seems the 140 implementation has shaken things loose over there and was a massive step forward for Iraq. I think it could be tomorrow…or it could be the 3rd…I think we are in the short end of it. No one knows the exact timing until it happens…we just know what they are expecting. [post 2 of 2]
11-29-2022 Intel Guru MarkZ [via PDK] “KRG delegation in Baghdad to resolve outstanding issues” ...This is the Kurdistan regional government. Why is article 140 important? ...We were told years ago that when we saw 140 pass it would be very close to seeing the revaluation of the Iraqi dinar. Article 140 addresses sharing money with individual Iraqi citizens…of course this is oil and gas revenues for the Kurdish region as well. This was an enormous missing piece that got filled last night. I was reminded of this by folks last night that are way up the chain on this…They are very excited. [post 1 of 2....stay tuned]
11-29-2022 Intel Guru Frank26 Ladies and gentlemen drum roll! We have Article 140...We have HCL...Now that equals Article VIII. Article VIII is what every contract...country...investor have been waiting for. Article VIII tells the people to bring their money into this country of Iraq. They are now secure. All the banking systems are international, modern, up-to-date. We're even about to add value to it with a new exchange rate. They know what's going on...
11-29-2022 Newshound Guru Samson Article: "Jordan: Baghdad supplied Amman with 3.4 million barrels of oil at a "preferential price" Quote: "The official Jordanian News Agency (Petra) reported that about 3.4 million barrels of Iraqi oil had arrived in the Kingdom as of Tuesday, according to a Jordanian-Iraqi agreement to buy oil "at a preferential price less than the price of a barrel of Brent by $16"
11-29-2022 Newshound Guru Clare Article: "Turkmen Parliamentary Bloc holds a conference on 'attempts to activate Article 140"
11-29-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani appointed two ministers...he says it's to speedup the preparation of the budget to parliament...Sudani is becoming an amazing leader for us. He too says, he expects the budget to be approved in January of 2023. FRANK: That's Sudani. You also have February. You also have March. All these opinions. You also have me pleading the "5th"...
11-29-2022 Newshound Guru Petra Article: "Al-Fatlawi: The torrent of anti-corruption will affect many names, most notably Al-Kazemi" I believe we heard $150B dinars were being returned to the people per the announcement by Al-Sadani. He didn’t hold that information back…for a reason. He wants not only the people to know his governments actions but also a message to the international market that they mean business! They will need the secondary markets soon and they need to demonstrate action specific to corruption…and yes, more $$$ to come. Anybody hear from Maliki?
11-29-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-29-2022 Newshound Guru Kaperoni [Guru] Frank26...claims...nobody is under an NDA because they're all talking about it. That's true, nobody is under an NDA regarding Iraq
11-29-2022 Newshound Guru Sandy Ingram Article: "Opec+ decision did not reduce Iraq's exports" OPEC+ produces 43 million barrels of oil per day. Iraq produces 11% of this total...supply and demand is still king... next years prices per barrel...will be between $85 and $95 maybe less...OPEC controls and hold approximately 80% of the world's oil so for now Iraq's revenue is okay and for that we are grateful.
11-29-2022 Newshound Guru Pimpy Article: "Al-Sudani announces the recovery of large sums from the theft of the century" ...over 2.5 trillion dinar has been stolen. They recovered 182 billion of it. In your wildest dream you think these people are going to turn around and increase the exchange rate knowing that a huge amount of money out there...in the hands of criminals? And make these people even richer than they are? No it's not going to happen... [Post 2 of 2]
11-29-2022 Newshound Guru Pimpy I got people out there talking [that] this next budget we're going to see a huge increase in the Iraqi dinar exchange rate. No you're not...Let me tell you why. For the same reason I stressed the first time you might not see the exchange rate happen, they were still missing a ton of money...you might indirectly end up financing a terrorist group who stole the money. Remember ISIS stole a big chunk of the Iraqi dinar so if they couldn't account for it then they weren't going to change the exchange rate in fear of accidentally financing a terrorist group. The same could be said for this right here. [Post 1 of 2....stay tuned]
11-29-2022 Intel Guru MarkZ [via PDK] The passing of article 140 is huge…and a big part of the excitement today. ...Iraqi chatter...from overnight…is they are going to announce to the world that they changed their rate on the 3rd of Dec...theoretically they need to RV a few days ahead of that… This would mean things need to happen very soon…seems the 140 implementation has shaken things loose over there and was a massive step forward for Iraq. I think it could be tomorrow…or it could be the 3rd…I think we are in the short end of it. No one knows the exact timing until it happens…we just know what they are expecting. [post 2 of 2]
11-29-2022 Intel Guru MarkZ [via PDK] “KRG delegation in Baghdad to resolve outstanding issues” ...This is the Kurdistan regional government. Why is article 140 important? ...We were told years ago that when we saw 140 pass it would be very close to seeing the revaluation of the Iraqi dinar. Article 140 addresses sharing money with individual Iraqi citizens…of course this is oil and gas revenues for the Kurdish region as well. This was an enormous missing piece that got filled last night. I was reminded of this by folks last night that are way up the chain on this…They are very excited. [post 1 of 2....stay tuned]
11-29-2022 Intel Guru Frank26 Ladies and gentlemen drum roll! We have Article 140...We have HCL...Now that equals Article VIII. Article VIII is what every contract...country...investor have been waiting for. Article VIII tells the people to bring their money into this country of Iraq. They are now secure. All the banking systems are international, modern, up-to-date. We're even about to add value to it with a new exchange rate. They know what's going on...
11-29-2022 Newshound Guru Samson Article: "Jordan: Baghdad supplied Amman with 3.4 million barrels of oil at a "preferential price" Quote: "The official Jordanian News Agency (Petra) reported that about 3.4 million barrels of Iraqi oil had arrived in the Kingdom as of Tuesday, according to a Jordanian-Iraqi agreement to buy oil "at a preferential price less than the price of a barrel of Brent by $16"
11-28-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
11-28-2022 Intel Guru Frank26 The constitution of Iraq has laws in it...amendments that say you are not allowed to telegraph, to hint, suggest, to say that they are going to have an exchange rate change. Can't. It's against the law. I don't think any of these guys want to be arrested because they will be arrested...
11-28-2022 Intel Guru MarkZ [via PDK] [Frank26 post below: Lets see if we can get a seated government by the 9th of December because that would be so good for January 1, 2023.] I still think its sooner…but he may be right on the seated government. Remember they have told us- in print- multiple times that the CBI does not need the government in order to revalue. The government has already done all it needs. It is now in the hands of the CBI.
11-28-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-28-2022 Guru Nader From The Mid East Article: "The Federal Ministry of Finance announced on Monday the start of preparing the federal budget law for the year 2023 while it noted an issue related to the exchange rate of the dollar against the Iraqi dinar...this issue has not yet been raised." It's gonna be...like I told you 2023. Just be patient. Hang on there.
11-28-2022 Newshound Guru Pimpy The whole talk about the change in the exchange rate seems to have died down. Like I said before, unless it comes directly from the Central Bank of Iraq all that is just hearsay, speculation, BS.
11-28-2022 Newshound/Intel Guru Walkingstick [via Frank26] In the budget lies the HCL. The HCL is to share oil and gas profits with the Iraqi citizens. This is part IMO of the monetary reform. This is simply another source of income to come to the citizens besides the Monetary Reform. They will have the Monetary reform...the HCL...plentiful jobs. All of this will go hand in hand. Both the HCL and the Monetary Reform strive for the same goal to give the citizens of Iraq more purchasing power and more value but most of all more respect.
11-28-2022 Intel Guru Frank26 The budget has line items and one of the line items is the new exchange rate.
11-28-2022 Intel Guru MarkZ [via PDK] [Do you think we will see this before Christmas?] Yes I do. But, nobody knows the timing. I am surprised we have not already crossed the finish line. I can tell you there is a massive push right now for Wednesday of this week…This is from all of my contacts..
11-28-2022 Newshound/Intel Guru RVAlready Hopefully, there have been enough back room meetings already to ensure a majority vote on the budget in parliament. And, hopefully, the CBI is ready to hit the RV button at the earliest possible moment - maybe before the budget is passed...GO RV!!!
11-28-2022 Guest Newshound Guru Henig Article: "There are no developments in resolving the two vacant ministries, and we left the matter to the Sudanese"
11-28-2022 Intel Guru Frank26 Lets see if we can get a seated
government by the 9th of December because that would be so good for January 1, 2023.
11-28-2022 Intel Guru MarkZ [via PDK] [When the RV happens can we redeem at any location or does it have to be close to our homes?] Anywhere in your country…was what I was told...
11-28-2022 Intel Guru Frank26 The constitution of Iraq has laws in it...amendments that say you are not allowed to telegraph, to hint, suggest, to say that they are going to have an exchange rate change. Can't. It's against the law. I don't think any of these guys want to be arrested because they will be arrested...
11-28-2022 Intel Guru MarkZ [via PDK] [Frank26 post below: Lets see if we can get a seated government by the 9th of December because that would be so good for January 1, 2023.] I still think its sooner…but he may be right on the seated government. Remember they have told us- in print- multiple times that the CBI does not need the government in order to revalue. The government has already done all it needs. It is now in the hands of the CBI.
11-28-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-28-2022 Guru Nader From The Mid East Article: "The Federal Ministry of Finance announced on Monday the start of preparing the federal budget law for the year 2023 while it noted an issue related to the exchange rate of the dollar against the Iraqi dinar...this issue has not yet been raised." It's gonna be...like I told you 2023. Just be patient. Hang on there.
11-28-2022 Newshound Guru Pimpy The whole talk about the change in the exchange rate seems to have died down. Like I said before, unless it comes directly from the Central Bank of Iraq all that is just hearsay, speculation, BS.
11-28-2022 Newshound/Intel Guru Walkingstick [via Frank26] In the budget lies the HCL. The HCL is to share oil and gas profits with the Iraqi citizens. This is part IMO of the monetary reform. This is simply another source of income to come to the citizens besides the Monetary Reform. They will have the Monetary reform...the HCL...plentiful jobs. All of this will go hand in hand. Both the HCL and the Monetary Reform strive for the same goal to give the citizens of Iraq more purchasing power and more value but most of all more respect.
11-28-2022 Intel Guru Frank26 The budget has line items and one of the line items is the new exchange rate.
11-28-2022 Intel Guru MarkZ [via PDK] [Do you think we will see this before Christmas?] Yes I do. But, nobody knows the timing. I am surprised we have not already crossed the finish line. I can tell you there is a massive push right now for Wednesday of this week…This is from all of my contacts..
11-28-2022 Newshound/Intel Guru RVAlready Hopefully, there have been enough back room meetings already to ensure a majority vote on the budget in parliament. And, hopefully, the CBI is ready to hit the RV button at the earliest possible moment - maybe before the budget is passed...GO RV!!!
11-28-2022 Guest Newshound Guru Henig Article: "There are no developments in resolving the two vacant ministries, and we left the matter to the Sudanese"
11-28-2022 Intel Guru Frank26 Lets see if we can get a seated
government by the 9th of December because that would be so good for January 1, 2023.
11-28-2022 Intel Guru MarkZ [via PDK] [When the RV happens can we redeem at any location or does it have to be close to our homes?] Anywhere in your country…was what I was told...
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11-27-2022 Intel Guru Frank26 [the exchange rate change] will not be discussed until the government opens the budget...Even once they seat the government it will not be discussed until they open the budget.
11-27-2022 Newshound Guru Samson Article: "Parliamentary Finance: job grades and confirmation of contracts in the 2023 budget" Quote: "The Parliamentary Finance Committee expected, on Saturday, to pass the draft federal budget law for the year 2023 in the month of February"
11-27-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-27-2022 Intel Guru Frank26 Question: [Are you under an NDA (Non-Disclosure Agreement)?] That is a tool of exaggeration...there are no documents that anybody signed to keep their mouths shut because everybody is talking about this. Everybody knows what's going on...it's no secret. Everybody knows it.
11-27-2022 Newshound Guru Pimpy Article Quote: "The Ministries or Finance and Planning are serious about completing writing the draft budget for 2023...we believe that it will send it to the House of Representative early next year." So no budget for 2022 and they're hoping to get the draft budget beginning of next year 2023 which means you're probably looking at the first and second month of 2023 without a budget...
11-27-2022 Newshound Guru Sandy Ingram Article: "Iraq's government "serious" in pursuing true partnership with Kuwait" We know when the Iraqi dinar revalues, floats or does whatever it is that they plan to do that we as American citizens and other citizens of different parts of the world may not be able to go directly into Iraq to exchange the currency. Therefore we always support news when it comes to Iraq pursing partnerships and relationships with its neighbors because we certainly can fly into Kuwait and exchange dinars if allowed to...
11-27-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI can't show their hand because of things like insider trading laws would prevent this. But we believe our paths are going to get brighter and brighter... FRANK: They know to ignore the Framework and the false media. They know what Sudani is doing for them and the governor of the CBI...They know the CBI is trying to keep a low profile.
11-27-2022 Newshound/Intel Guru RVAlready I hold out some hope that the CBI promised the IMF to RV by Nov 30. We will see if that holds up.
11-27-2022 Intel Guru Frank26 [the exchange rate change] will not be discussed until the government opens the budget...Even once they seat the government it will not be discussed until they open the budget.
11-27-2022 Newshound Guru Samson Article: "Parliamentary Finance: job grades and confirmation of contracts in the 2023 budget" Quote: "The Parliamentary Finance Committee expected, on Saturday, to pass the draft federal budget law for the year 2023 in the month of February"
11-27-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-27-2022 Intel Guru Frank26 Question: [Are you under an NDA (Non-Disclosure Agreement)?] That is a tool of exaggeration...there are no documents that anybody signed to keep their mouths shut because everybody is talking about this. Everybody knows what's going on...it's no secret. Everybody knows it.
11-27-2022 Newshound Guru Pimpy Article Quote: "The Ministries or Finance and Planning are serious about completing writing the draft budget for 2023...we believe that it will send it to the House of Representative early next year." So no budget for 2022 and they're hoping to get the draft budget beginning of next year 2023 which means you're probably looking at the first and second month of 2023 without a budget...
11-27-2022 Newshound Guru Sandy Ingram Article: "Iraq's government "serious" in pursuing true partnership with Kuwait" We know when the Iraqi dinar revalues, floats or does whatever it is that they plan to do that we as American citizens and other citizens of different parts of the world may not be able to go directly into Iraq to exchange the currency. Therefore we always support news when it comes to Iraq pursing partnerships and relationships with its neighbors because we certainly can fly into Kuwait and exchange dinars if allowed to...
11-27-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI can't show their hand because of things like insider trading laws would prevent this. But we believe our paths are going to get brighter and brighter... FRANK: They know to ignore the Framework and the false media. They know what Sudani is doing for them and the governor of the CBI...They know the CBI is trying to keep a low profile.
11-27-2022 Newshound/Intel Guru RVAlready I hold out some hope that the CBI promised the IMF to RV by Nov 30. We will see if that holds up.
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11-26-2022 Intel Guru MarkZ [via PDK] [if it's supposed to happen before December there's not much time left!] This may be why we are seeing so much disinformation and recycling of old news right now. Some articles are word for word older articles that thy put a new date on it…they want to cloud the timing of this thing as hard and as diligently as they can. Be prepared for that. Remember that this is a “when” not an “if”. We will never know the exact timing.
11-26-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: The CBI is talking...they're saying it's still too early to introduce the 20,000 note into circulation...we agree. Not until we have a seated government and open budget then maybe they could do that... FRANK: The 20K...may be a deterrent. It may be a smokescreen.
11-26-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-26-2022 Newshound Guru Samson Article Quote "The British Financial Times newspaper published an article...about...the theft of $2.5 billion in Iraq...according to the Ministry of Finance, armored vehicles carrying $2.5 billion belonging to the Iraqi Tax Authority disappeared between September 2021 and August 2022...the trucks loaded with tax money left the state-owned Rafidain Bank, and took their usual route to disappear in broad daylight in what is known in Iraq as the "theft of the century."
11-26-2022 Newshound Guru Pimpy I still hear that there's people out there talking about the rate changes going to be in the budget, here's my thing, until the budget comes out we're not going to know. Right now it's all speculation. I think BS but we'll see.
11-26-2022 Guest Guru Suzie Community Member Comment: Its great to see them trying to rush the budget law but also remember this is iraq great with words and slow with action...maybe this time they will actually do it on time. SUZIE: Let's hope so, it seems like the last couple years things always look good at this time of the year only to have "something" get in the way and it carries on. Perhaps this year will be "the best Christmas ever"! MEMBER: We should have a very good idea on the 9th since we were told that is when the budget is supposed to be given to the goi"
11-26-2022 Intel Guru MarkZ [via PDK] I want to touch on rumors that have been spreading quickly from redemption contacts…they are very squarely...hearing it will happen Wednesday night into Thursday morning of next week… I know we have heard this before, but it’s very encouraging that I am hearing this from different parts of the country. They say that the logistics have been done for some time…and now they have pounded out the remaining political issues. We shall see...I just find it questionable that we have a specific date right now. I believe we are close though. I still can’t believe we are this far into November and don’t have it yet.
11-26-2022 Newshound Guru Clare Article: "Al-Sudani stresses the need to complete the draft budget law as quickly as possible" Quote: "the necessity of completing the budget bill as quickly as possible, and submitting it to the House of Representatives, so that it enters into force without delay." EXCELLENT! - SO GREAT TO SEE THEM IN A RUSH TO GET IT DONE!
11-26-2022 Intel Guru Frank26 What law is important to us now? What law are we looking for? IMO the budget law is the spearhead of all laws...Not the HCL. Because the Budget Law has the HCL in it. It is the Budget Law, that is what we are looking for.
11-26-2022 Newshound/Intel Guru Mnt Goat ...my contact in the CBI says to me they are still planning a major move sometime in January 2023 with the dinar if the 2023 budget can be passed by the end of December...
11-26-2022 Newshound Guru Samson Article: "Industry: Five thousand plants will start production in the coming years". Quote: "The aforementioned factories, which were granted regular establishment licenses by the Ministry, will supply the local markets...with various goods and commodities, which will give the country an opportunity to dispense with importing all its needs of those goods, and be satisfied with their local counterparts.."
11-26-2022 Intel Guru MarkZ [via PDK] [if it's supposed to happen before December there's not much time left!] This may be why we are seeing so much disinformation and recycling of old news right now. Some articles are word for word older articles that thy put a new date on it…they want to cloud the timing of this thing as hard and as diligently as they can. Be prepared for that. Remember that this is a “when” not an “if”. We will never know the exact timing.
11-26-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: The CBI is talking...they're saying it's still too early to introduce the 20,000 note into circulation...we agree. Not until we have a seated government and open budget then maybe they could do that... FRANK: The 20K...may be a deterrent. It may be a smokescreen.
11-26-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-26-2022 Newshound Guru Samson Article Quote "The British Financial Times newspaper published an article...about...the theft of $2.5 billion in Iraq...according to the Ministry of Finance, armored vehicles carrying $2.5 billion belonging to the Iraqi Tax Authority disappeared between September 2021 and August 2022...the trucks loaded with tax money left the state-owned Rafidain Bank, and took their usual route to disappear in broad daylight in what is known in Iraq as the "theft of the century."
11-26-2022 Newshound Guru Pimpy I still hear that there's people out there talking about the rate changes going to be in the budget, here's my thing, until the budget comes out we're not going to know. Right now it's all speculation. I think BS but we'll see.
11-26-2022 Guest Guru Suzie Community Member Comment: Its great to see them trying to rush the budget law but also remember this is iraq great with words and slow with action...maybe this time they will actually do it on time. SUZIE: Let's hope so, it seems like the last couple years things always look good at this time of the year only to have "something" get in the way and it carries on. Perhaps this year will be "the best Christmas ever"! MEMBER: We should have a very good idea on the 9th since we were told that is when the budget is supposed to be given to the goi"
11-26-2022 Intel Guru MarkZ [via PDK] I want to touch on rumors that have been spreading quickly from redemption contacts…they are very squarely...hearing it will happen Wednesday night into Thursday morning of next week… I know we have heard this before, but it’s very encouraging that I am hearing this from different parts of the country. They say that the logistics have been done for some time…and now they have pounded out the remaining political issues. We shall see...I just find it questionable that we have a specific date right now. I believe we are close though. I still can’t believe we are this far into November and don’t have it yet.
11-26-2022 Newshound Guru Clare Article: "Al-Sudani stresses the need to complete the draft budget law as quickly as possible" Quote: "the necessity of completing the budget bill as quickly as possible, and submitting it to the House of Representatives, so that it enters into force without delay." EXCELLENT! - SO GREAT TO SEE THEM IN A RUSH TO GET IT DONE!
11-26-2022 Intel Guru Frank26 What law is important to us now? What law are we looking for? IMO the budget law is the spearhead of all laws...Not the HCL. Because the Budget Law has the HCL in it. It is the Budget Law, that is what we are looking for.
11-26-2022 Newshound/Intel Guru Mnt Goat ...my contact in the CBI says to me they are still planning a major move sometime in January 2023 with the dinar if the 2023 budget can be passed by the end of December...
11-26-2022 Newshound Guru Samson Article: "Industry: Five thousand plants will start production in the coming years". Quote: "The aforementioned factories, which were granted regular establishment licenses by the Ministry, will supply the local markets...with various goods and commodities, which will give the country an opportunity to dispense with importing all its needs of those goods, and be satisfied with their local counterparts.."
11-25-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
11-25-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The Finance Minister comes out and says there is no change in the rate as of now and says when the new budget comes out it will also not happen. We don't know what in the world this person is talking about because yesterday they said the opposite. We know they can't come out and just say they are going to have a rate change. That's illegal. So we try to read between the lines. FRANK: Bravo! ...What an advancement in attitude. He knows his laws...
11-25-2022 Intel Guru MarkZ [via PDK] “Parliamentary finance is likely to approve next year’s budget at 150 trillion dinars” Don’t worry if they are passing it with the lower rate on the dinar…I am told that is unimportant. They will simply do the conversion on the value. The big key here is they are moving forward and looks poised for acceptance.
11-25-2022 Newshound Guru Sandy Ingram The governor of the Central Bank of Iraq received on Tuesday the ambassador of the United States of America to Iraq. You will need to read between the lines to understand the importance of this meeting. During the meeting they discussed aspects of bilateral cooperation...and keeping pace with the global development in the banking sector...this news report more than any in recent months points towards real progress...
11-25-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-25-2022 Newshound Guru MilitiaMan What we are witnessing now is the final effort to sort the two seats in the PM Cabinet and the 2023 budget draft getting from the Council of Ministers to the Parliament. The reconciled 2022 numbers will likely need to be held close until the last minute for if not it would likely leak out quickly and that is to be avoided per legal issues.
11-25-2022 Intel Guru MarkZ [via PDK] “Clarification to the Iraqi central bank regarding the reasons for the decline in sales of the foreign currency selling window” We were always told the auctions would slow down or nearly end just before they RV.
11-25-2022 Newshound Guru Kaperoni The only way we can see a significant increase in the dinar would be based on the growth of Iraq's economy. Therefore, they need to pass laws and create a suitable investment environment. Doing so would then allow them to float their currency and allow the world to determine the value of the dinar based on the economic success. As a result not only can the dinar go up in value, but they can gradually remove and reduce the currency in circulation as a result.
11-25-2022 Newshound Guru Pimpy The World Bank basically laid out what it is Iraq needs to do to get their ducks in a row. If they can do that then ...they will see an increase in the value of the Iraqi dinar...
11-25-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say the budget will be in parliament by the end of November or the first part of December. FRANK: The goal is to have it in by the 9th of December. And the banks in the United States of America know that IMO. If we do see an announced government by the 9th then January 1st 2023 has great potential for what we've been waiting for...
11-25-2022 Intel Guru MarkZ [via PDK] “Barzani’s Visit to Baghdad to follow up on agreements –including the legislation of the oil and gas law” Why is this important? This is a first that the Kurdish region is showing clear indication of wanting to work with the Iraqi government. They are getting along, they are agreeing to budgets…a major sticking point to not seeing our RV or RI has been they disagreements between these factions… I am excited to see them all getting along.
11-25-2022 Newshound Guru Samson Article: "Iraq is fifth in the world in oil reserves, the cheapest to extract and the most profitable" Quote: "the oil reserves in Iraq and Saudi Arabia are close to the surface and on the ground, which makes access to oil more accessible and the extraction process more cost-effective and more profitable."
11-25-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The Finance Minister comes out and says there is no change in the rate as of now and says when the new budget comes out it will also not happen. We don't know what in the world this person is talking about because yesterday they said the opposite. We know they can't come out and just say they are going to have a rate change. That's illegal. So we try to read between the lines. FRANK: Bravo! ...What an advancement in attitude. He knows his laws...
11-25-2022 Intel Guru MarkZ [via PDK] “Parliamentary finance is likely to approve next year’s budget at 150 trillion dinars” Don’t worry if they are passing it with the lower rate on the dinar…I am told that is unimportant. They will simply do the conversion on the value. The big key here is they are moving forward and looks poised for acceptance.
11-25-2022 Newshound Guru Sandy Ingram The governor of the Central Bank of Iraq received on Tuesday the ambassador of the United States of America to Iraq. You will need to read between the lines to understand the importance of this meeting. During the meeting they discussed aspects of bilateral cooperation...and keeping pace with the global development in the banking sector...this news report more than any in recent months points towards real progress...
11-25-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-25-2022 Newshound Guru MilitiaMan What we are witnessing now is the final effort to sort the two seats in the PM Cabinet and the 2023 budget draft getting from the Council of Ministers to the Parliament. The reconciled 2022 numbers will likely need to be held close until the last minute for if not it would likely leak out quickly and that is to be avoided per legal issues.
11-25-2022 Intel Guru MarkZ [via PDK] “Clarification to the Iraqi central bank regarding the reasons for the decline in sales of the foreign currency selling window” We were always told the auctions would slow down or nearly end just before they RV.
11-25-2022 Newshound Guru Kaperoni The only way we can see a significant increase in the dinar would be based on the growth of Iraq's economy. Therefore, they need to pass laws and create a suitable investment environment. Doing so would then allow them to float their currency and allow the world to determine the value of the dinar based on the economic success. As a result not only can the dinar go up in value, but they can gradually remove and reduce the currency in circulation as a result.
11-25-2022 Newshound Guru Pimpy The World Bank basically laid out what it is Iraq needs to do to get their ducks in a row. If they can do that then ...they will see an increase in the value of the Iraqi dinar...
11-25-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say the budget will be in parliament by the end of November or the first part of December. FRANK: The goal is to have it in by the 9th of December. And the banks in the United States of America know that IMO. If we do see an announced government by the 9th then January 1st 2023 has great potential for what we've been waiting for...
11-25-2022 Intel Guru MarkZ [via PDK] “Barzani’s Visit to Baghdad to follow up on agreements –including the legislation of the oil and gas law” Why is this important? This is a first that the Kurdish region is showing clear indication of wanting to work with the Iraqi government. They are getting along, they are agreeing to budgets…a major sticking point to not seeing our RV or RI has been they disagreements between these factions… I am excited to see them all getting along.
11-25-2022 Newshound Guru Samson Article: "Iraq is fifth in the world in oil reserves, the cheapest to extract and the most profitable" Quote: "the oil reserves in Iraq and Saudi Arabia are close to the surface and on the ground, which makes access to oil more accessible and the extraction process more cost-effective and more profitable."
11-24-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
11-24-22 Intel Guru Frank26 Here comes the tricky part where everybody get's messed up. Ok at this point they change the rate to 1 to 1. Remember what they said they're going to do once they change the rate to 1 to 1? Float...Where is it going to float? Internationally...when it does, 1 to 1 will grow...they'll find a place where they cap it. Back in 2003 it was $3.22. That was over 20 years ago. It should be way past that in my opinion. [Post 2 of 2]
11-24-22 Intel Guru Frank26 the next person that tells you that it's a lop maybe you show them this...The exchange rate of the Iraqi dinar...is 1460...the goal is to drop the 3-zeros and to end the play at $1...let's say they take this rate to 1000 then they drop 3-zeros. It's $1. That's their goal to reach 1 to 1 exchange rate with the American dollar. [Post 1 of 2....stay tuned]
11-24-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-24-2022 Newshound Guru Kaperoni Guru Pimpy actually made a smart post when asked about Iraq changing the value of the dinar. He says it does not benefit them at this time as they rebuild their economy. That is correct!
11-24-2022 Newshound Guru Samson Article: "Basra Gas announces that its production has increased to 1000 million standard cubic meters per day" Quote: "Gas production has increased by four times, as the company produces 1,000 million standard cubic meters per day, after production did not exceed 200 million standard cubic meters per day"
11-24-2022 Intel Guru MarkZ [via PDK] I am hearing $4.83 has started showing up on screens.
11-24-2022 Newshound Guru Pimpy Article quote: "The absence of the approval of the 2022 budget has hindered taking advantage of the rise in oil prices to implement new investment project - In addition with weak business environment and efficiencies in public sector investment, mismanagement, corruption and the lack of adequate infrastructure. All these factors constitute major obstacles to attracting foreign investment despite some progress in the recent years." This is the big reason why you're not seen any real increase in the Iraqi dinar exchange rate. Those are huge steps...that need to be taken before they can increase their purchasing power and before they can increase the value of the Iraqi dinar...
11-24-2022 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq receives the Ambassador of the United States of America" CBI GOV TELLS USA ALL BANKS IN IRAQ & OUTSIDE OF IRAQ, ARE READY TO GO!
11-24-2022 Newshound Guru Sandy Ingram Article: "Blaming Kurds for unrest, Iran threatens Iraq with offensive" Breaking news out of Iraq - Iran has made good on their threats. They have lit up Northern Iraq like a Christmas tree with drones and missiles...the United States condemns Iranian strikes in Northern Iraq...
11-24-2022 Newshound/Intel Guru Mnt Goat ...the good new this period is that they are cracking down on the corrupt banks in Iraq as they already closed 14 of them. Next the US Treasury is in Iraq briefing over 35 of the existing banks how to conduct their banking practices and “best practices” for the banking sector...So why are they cracking down so heavily now? ...I am hearing from my CBI source that part of why the US Treasury is now in Iraq is also to review and implement measures for auditing the expenditures of the 2023 budget once it is opened.
11-24-22 Intel Guru Frank26 Here comes the tricky part where everybody get's messed up. Ok at this point they change the rate to 1 to 1. Remember what they said they're going to do once they change the rate to 1 to 1? Float...Where is it going to float? Internationally...when it does, 1 to 1 will grow...they'll find a place where they cap it. Back in 2003 it was $3.22. That was over 20 years ago. It should be way past that in my opinion. [Post 2 of 2]
11-24-22 Intel Guru Frank26 the next person that tells you that it's a lop maybe you show them this...The exchange rate of the Iraqi dinar...is 1460...the goal is to drop the 3-zeros and to end the play at $1...let's say they take this rate to 1000 then they drop 3-zeros. It's $1. That's their goal to reach 1 to 1 exchange rate with the American dollar. [Post 1 of 2....stay tuned]
11-24-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-24-2022 Newshound Guru Kaperoni Guru Pimpy actually made a smart post when asked about Iraq changing the value of the dinar. He says it does not benefit them at this time as they rebuild their economy. That is correct!
11-24-2022 Newshound Guru Samson Article: "Basra Gas announces that its production has increased to 1000 million standard cubic meters per day" Quote: "Gas production has increased by four times, as the company produces 1,000 million standard cubic meters per day, after production did not exceed 200 million standard cubic meters per day"
11-24-2022 Intel Guru MarkZ [via PDK] I am hearing $4.83 has started showing up on screens.
11-24-2022 Newshound Guru Pimpy Article quote: "The absence of the approval of the 2022 budget has hindered taking advantage of the rise in oil prices to implement new investment project - In addition with weak business environment and efficiencies in public sector investment, mismanagement, corruption and the lack of adequate infrastructure. All these factors constitute major obstacles to attracting foreign investment despite some progress in the recent years." This is the big reason why you're not seen any real increase in the Iraqi dinar exchange rate. Those are huge steps...that need to be taken before they can increase their purchasing power and before they can increase the value of the Iraqi dinar...
11-24-2022 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq receives the Ambassador of the United States of America" CBI GOV TELLS USA ALL BANKS IN IRAQ & OUTSIDE OF IRAQ, ARE READY TO GO!
11-24-2022 Newshound Guru Sandy Ingram Article: "Blaming Kurds for unrest, Iran threatens Iraq with offensive" Breaking news out of Iraq - Iran has made good on their threats. They have lit up Northern Iraq like a Christmas tree with drones and missiles...the United States condemns Iranian strikes in Northern Iraq...
11-24-2022 Newshound/Intel Guru Mnt Goat ...the good new this period is that they are cracking down on the corrupt banks in Iraq as they already closed 14 of them. Next the US Treasury is in Iraq briefing over 35 of the existing banks how to conduct their banking practices and “best practices” for the banking sector...So why are they cracking down so heavily now? ...I am hearing from my CBI source that part of why the US Treasury is now in Iraq is also to review and implement measures for auditing the expenditures of the 2023 budget once it is opened.
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11-23-2022 Intel Guru MarkZ [via PDK] I do have an interesting piece from a redemption center contact in Texas…not one of my usual ones. It was fun and might give us a clue. They are told that the “call center” part will be on call tomorrow. But not the “redemption center” itself…. I find this interesting because they were told they would be on a short “call in” or notice. And this was changed earlier today. So this is potentially exciting. Remember the rest of the world keeps operating even if we have Thanksgiving.
11-23-2022 Newshound Guru Samson Article "In numbers... an unprecedented value for Iraq's foreign reserves" Quote "Iraq's foreign reserves are the highest today in the country's financial history, which amounted to nearly 90 billion dollars...the exported Iraqi currency also amounted to about 150%, meaning that every dinar is exported to Trading in the economy is now covered by foreign exchange one and a half times."
11-23-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-23-2022 Intel Guru MarkZ [via PDK] Today the fact that Iraq is cleaning up corruption has now made it to main stream news. On AP (Associated press) “Auditors in Iraq uncover a staggering $2.5 billion tax fraud” This is an older story out of Iraq that is suddenly getting international attention. Maybe this is some of the smoke we need…just like we saw in Kuwait before they RV’d…
11-23-2022 Intel Guru Frank26 Banks around the world are getting ready to receive the 3-zero notes. Private banks around the world are already ready.
11-23-2022 Newshound/Intel Guru Walkingstick [via Frank26] There was $800 million flowing per week out of Iraq from the CBI banks illegally. It was being done by the political thieves...money exchangers... Maliki... auctions...fake contacts or directly stealing it and not caring if they were caught. Only the CBI can supervise their banks and they have done a superior job. That is why the international world is willing to pour into Iraq with their currency converted into Iraqi dinars.
11-23-2022 Newshound Guru Kaperoni ...Going to a bank to cash out. There will be very little if any banks that exchange the dinar if and when it ever becomes traded amongst banks. The reason is simple, most banks are conservative by nature...If and when Iraq ever diversifies their economy is in a position to float the dinar it will rise gradually over time. Therefore, you would never want to exchange at a bank you would probably want to engage with some type of currency broker or market maker watching it rise.
11-23-2022 Intel Guru Frank26 Article: "A source in the Central Bank: It is too early to trade 20,000 dinars and no old denomination will be withdrawn". THE MONETARY REFORM TEACHING THE IRAQI CITIZENS MUCH MORE! THE CBI ADMITS THEY ARE GOING TO USE A 20K DINAR...IT'S ALREADY PRINTED...THE MONETARY REFORM EDUCATION AT ITS HIGHEST!
11-23-2022 Intel Guru MarkZ [via PDK] Here is the chatter I am hearing. DOD contacts are still very confident that this week that we are in right now is the week it happens. I have heard this from a couple of sources. I know they missed the 36 hour window on Monday …but they reassure me they are still working to get it done this week. I am still being told by my banking sources here that they absolutely will not work tomorrow. So realistically I believe we are looking at Friday at the earliest.
11-23-2022 Newshound Guru Samson Article: "Expectations of the dollar exchange rate in the 2023 budget" Quote: "The former director of the Office of Financial Supervision, Salah Nuri...There is no change in the exchange rate of the dollar in the 2023 budget, and this is the opinion of both the Ministry of Finance and the Central Bank."
11-23-2022 Intel Guru Frank26 [Community Member bank experience Continued] ...She says, 'You will receive a certificate and the minute that the collections department is complete with your currency they will put the finances into your account is what they told me.' Frank...is there another avenue? FRANK: I would much rather you tell that bank...'thank you manager and helping me but...with all due respect...what happens when you send those dinars to the other bank and they get stollen...or burned up and all my dinars are gone? ...Where are you sending my dinars? What main branch are you taking them to? ...thank you very much. That's where I'm going to go.' That's what you should do IMO. [Post 7 of 7]
11-23-2022 Intel Guru MarkZ [via PDK] [I wonder Is it True that it is 4.81 in Iraq NOW? Could this be factual?] That is what we are hearing for the international rate. I am actually hearing $4.83. We simply won’t know until we get through the door. Does it make sense at that rate? Absolutely. Could it be? Absolutely.
11-23-2022 Intel Guru MarkZ [via PDK] I do have an interesting piece from a redemption center contact in Texas…not one of my usual ones. It was fun and might give us a clue. They are told that the “call center” part will be on call tomorrow. But not the “redemption center” itself…. I find this interesting because they were told they would be on a short “call in” or notice. And this was changed earlier today. So this is potentially exciting. Remember the rest of the world keeps operating even if we have Thanksgiving.
11-23-2022 Newshound Guru Samson Article "In numbers... an unprecedented value for Iraq's foreign reserves" Quote "Iraq's foreign reserves are the highest today in the country's financial history, which amounted to nearly 90 billion dollars...the exported Iraqi currency also amounted to about 150%, meaning that every dinar is exported to Trading in the economy is now covered by foreign exchange one and a half times."
11-23-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-23-2022 Intel Guru MarkZ [via PDK] Today the fact that Iraq is cleaning up corruption has now made it to main stream news. On AP (Associated press) “Auditors in Iraq uncover a staggering $2.5 billion tax fraud” This is an older story out of Iraq that is suddenly getting international attention. Maybe this is some of the smoke we need…just like we saw in Kuwait before they RV’d…
11-23-2022 Intel Guru Frank26 Banks around the world are getting ready to receive the 3-zero notes. Private banks around the world are already ready.
11-23-2022 Newshound/Intel Guru Walkingstick [via Frank26] There was $800 million flowing per week out of Iraq from the CBI banks illegally. It was being done by the political thieves...money exchangers... Maliki... auctions...fake contacts or directly stealing it and not caring if they were caught. Only the CBI can supervise their banks and they have done a superior job. That is why the international world is willing to pour into Iraq with their currency converted into Iraqi dinars.
11-23-2022 Newshound Guru Kaperoni ...Going to a bank to cash out. There will be very little if any banks that exchange the dinar if and when it ever becomes traded amongst banks. The reason is simple, most banks are conservative by nature...If and when Iraq ever diversifies their economy is in a position to float the dinar it will rise gradually over time. Therefore, you would never want to exchange at a bank you would probably want to engage with some type of currency broker or market maker watching it rise.
11-23-2022 Intel Guru Frank26 Article: "A source in the Central Bank: It is too early to trade 20,000 dinars and no old denomination will be withdrawn". THE MONETARY REFORM TEACHING THE IRAQI CITIZENS MUCH MORE! THE CBI ADMITS THEY ARE GOING TO USE A 20K DINAR...IT'S ALREADY PRINTED...THE MONETARY REFORM EDUCATION AT ITS HIGHEST!
11-23-2022 Intel Guru MarkZ [via PDK] Here is the chatter I am hearing. DOD contacts are still very confident that this week that we are in right now is the week it happens. I have heard this from a couple of sources. I know they missed the 36 hour window on Monday …but they reassure me they are still working to get it done this week. I am still being told by my banking sources here that they absolutely will not work tomorrow. So realistically I believe we are looking at Friday at the earliest.
11-23-2022 Newshound Guru Samson Article: "Expectations of the dollar exchange rate in the 2023 budget" Quote: "The former director of the Office of Financial Supervision, Salah Nuri...There is no change in the exchange rate of the dollar in the 2023 budget, and this is the opinion of both the Ministry of Finance and the Central Bank."
11-23-2022 Intel Guru Frank26 [Community Member bank experience Continued] ...She says, 'You will receive a certificate and the minute that the collections department is complete with your currency they will put the finances into your account is what they told me.' Frank...is there another avenue? FRANK: I would much rather you tell that bank...'thank you manager and helping me but...with all due respect...what happens when you send those dinars to the other bank and they get stollen...or burned up and all my dinars are gone? ...Where are you sending my dinars? What main branch are you taking them to? ...thank you very much. That's where I'm going to go.' That's what you should do IMO. [Post 7 of 7]
11-23-2022 Intel Guru MarkZ [via PDK] [I wonder Is it True that it is 4.81 in Iraq NOW? Could this be factual?] That is what we are hearing for the international rate. I am actually hearing $4.83. We simply won’t know until we get through the door. Does it make sense at that rate? Absolutely. Could it be? Absolutely.
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11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] And she said, 'Absolutely. The collection department will give you the rate of that day.' I said, 'Well over my dead body am I going to give you my currency without anything from you guys.' She said, 'Precisely, there are going to be banks out there that are not certified to do any of this and they will take your money and will not give you anything. You've got to remember to be very cautious about not just giving your investment to any bank out there. You want to go to the participating banks that are assisting you in this.' [Post 6 of 7]
11-22-2022 Newshound Guru Samson Article: "About $100 billion Iraqi oil revenues in 10 months" Quote: "These revenues increased from last year 2021 by 65 percent, as the financial revenues amounted to 60 billion, 648 million, 11 thousand, 368 dollars"
11-22-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] She says, 'That's correct.' I say, 'What's the process? What do I need to do to bring in my currency and exchange it?' This is what was very interesting. She says, 'You bring in your currency and we take it and we give it to collections for 3 working calendar days.' And I looked at her and said, 'So you're going to take my currency for 3 days and then you're going to give me the value of that currency in that 3 day period?' [Post 5 of 7]
11-22-2022 Intel Guru MarkZ [via PDK] [What about the 36 hours target from yesterday?] It never materialized. I thought it was a bit premature.
11-22-2022 Newshound Guru Kaperoni If and when Iraq decides to begin to raise the value of the Iraqi dinar it will be gradually over time. There is no overnight RV. A country's currency value is a reflection of the success and growth of their economy. So until Iraq passes laws, encourages investment, and their economy diversifies nothing is going to happen.
11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] She said, 'Yes.' I said, 'I know you're not allowed to tell me the dates or rates or anything like that, but will this happen before the end of the year or is it going to happen next year?' She said it's going to happen before the end of this year. I said, 'Interesting, what protocols do you have that I can come in and exchange my currencies?' I go, 'I know you're not a large participant in this process, I'm assuming you're a satellite bank... you're going to be able to assist in the process?' [Post 4 of 7]
11-22-2022 Newshound Guru Samson Article: "The Governor of the Central Bank of Iraq receives the Ambassador of the United States of America" Quote: "Iraq and Washington agree to develop "banking procedures" for Baghdad"
11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] FRANK: You sit down...then out of the blue you just come out and ask, 'Is your bank doing any procedures right now. Any work right now on foreign currency that's going to be exchanged?' MEMBER That is correct...I said...Are you gong to be exchanging any currencies in the near future that your new protocols are set in place for. She said, 'yes.' I said, 'There is the Iraqi dinar and...Vietnam dong that I am currently invested in. Are you guys going to be exchanging any of these currencies in the near future?' [Post 3 of 7]
11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] MEMBER: A little history - I had reached out to her about a year ago and she said I can't talk about this at the branch. Maybe I can talk to you some other day. Well that other day came a year later, which was last week...I was very direct...we talked about 20 to 30 minutes...My first question to her was, If she's aware of currencies that are going to be included in her bank system or if she and her staff are learning any new protocols on currencies that are going to be coming into trading where we can come and exchange. [Post 2 of 7]
11-22-2022 Intel Guru Frank26 [Community Member bank experience] FRANK: You called me 2 days ago. You were very excited. Something happened. You were minding your own business and walked into a bank correct? MEMBER: I live in the state of Florida. The bank I'm talking about is called Truist in the Orlando area. I know the VP of the branch that I went to visit...I saw she was alone in her office and I invited myself in... [Post 1 of 7]
11-22-2022 Intel Guru MarkZ [via PDK] This means they need to reinstate their dinar value instead of using US dollars. This is an open conversation in politics over there right now guys. We know it is close…the CBI told us it is close… The Iraqi government told us it is close…the UN, IMF and World Bank has told us it is close. Every agency out there has told us this is close... [post 2 of 2]
11-22-2022 Intel Guru MarkZ [via PDK] Article: “The house of representatives adjourns its session and decides to hold another closed session tomorrow to discuss preserving Iraq’s sovereignty” What is the biggest hindrance to their sovereignty right now? It is their absolute dependence on the US dollar until they revalue their currency… They will never have true sovereignty until they do not have a US based currency…. [post 1 of 2....stay tuned]
11-22-2022 Guru Nader From The Mid East People...keep saying the exchange rate that's in the budget. Me, I don't think its in a budget because the budget have nothing to do with the rate...Maybe I'm wrong. I hope I'm wrong but I don't think I'm wrong.
11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] And she said, 'Absolutely. The collection department will give you the rate of that day.' I said, 'Well over my dead body am I going to give you my currency without anything from you guys.' She said, 'Precisely, there are going to be banks out there that are not certified to do any of this and they will take your money and will not give you anything. You've got to remember to be very cautious about not just giving your investment to any bank out there. You want to go to the participating banks that are assisting you in this.' [Post 6 of 7]
11-22-2022 Newshound Guru Samson Article: "About $100 billion Iraqi oil revenues in 10 months" Quote: "These revenues increased from last year 2021 by 65 percent, as the financial revenues amounted to 60 billion, 648 million, 11 thousand, 368 dollars"
11-22-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] She says, 'That's correct.' I say, 'What's the process? What do I need to do to bring in my currency and exchange it?' This is what was very interesting. She says, 'You bring in your currency and we take it and we give it to collections for 3 working calendar days.' And I looked at her and said, 'So you're going to take my currency for 3 days and then you're going to give me the value of that currency in that 3 day period?' [Post 5 of 7]
11-22-2022 Intel Guru MarkZ [via PDK] [What about the 36 hours target from yesterday?] It never materialized. I thought it was a bit premature.
11-22-2022 Newshound Guru Kaperoni If and when Iraq decides to begin to raise the value of the Iraqi dinar it will be gradually over time. There is no overnight RV. A country's currency value is a reflection of the success and growth of their economy. So until Iraq passes laws, encourages investment, and their economy diversifies nothing is going to happen.
11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] She said, 'Yes.' I said, 'I know you're not allowed to tell me the dates or rates or anything like that, but will this happen before the end of the year or is it going to happen next year?' She said it's going to happen before the end of this year. I said, 'Interesting, what protocols do you have that I can come in and exchange my currencies?' I go, 'I know you're not a large participant in this process, I'm assuming you're a satellite bank... you're going to be able to assist in the process?' [Post 4 of 7]
11-22-2022 Newshound Guru Samson Article: "The Governor of the Central Bank of Iraq receives the Ambassador of the United States of America" Quote: "Iraq and Washington agree to develop "banking procedures" for Baghdad"
11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] FRANK: You sit down...then out of the blue you just come out and ask, 'Is your bank doing any procedures right now. Any work right now on foreign currency that's going to be exchanged?' MEMBER That is correct...I said...Are you gong to be exchanging any currencies in the near future that your new protocols are set in place for. She said, 'yes.' I said, 'There is the Iraqi dinar and...Vietnam dong that I am currently invested in. Are you guys going to be exchanging any of these currencies in the near future?' [Post 3 of 7]
11-22-2022 Intel Guru Frank26 [Community Member bank experience Continued] MEMBER: A little history - I had reached out to her about a year ago and she said I can't talk about this at the branch. Maybe I can talk to you some other day. Well that other day came a year later, which was last week...I was very direct...we talked about 20 to 30 minutes...My first question to her was, If she's aware of currencies that are going to be included in her bank system or if she and her staff are learning any new protocols on currencies that are going to be coming into trading where we can come and exchange. [Post 2 of 7]
11-22-2022 Intel Guru Frank26 [Community Member bank experience] FRANK: You called me 2 days ago. You were very excited. Something happened. You were minding your own business and walked into a bank correct? MEMBER: I live in the state of Florida. The bank I'm talking about is called Truist in the Orlando area. I know the VP of the branch that I went to visit...I saw she was alone in her office and I invited myself in... [Post 1 of 7]
11-22-2022 Intel Guru MarkZ [via PDK] This means they need to reinstate their dinar value instead of using US dollars. This is an open conversation in politics over there right now guys. We know it is close…the CBI told us it is close… The Iraqi government told us it is close…the UN, IMF and World Bank has told us it is close. Every agency out there has told us this is close... [post 2 of 2]
11-22-2022 Intel Guru MarkZ [via PDK] Article: “The house of representatives adjourns its session and decides to hold another closed session tomorrow to discuss preserving Iraq’s sovereignty” What is the biggest hindrance to their sovereignty right now? It is their absolute dependence on the US dollar until they revalue their currency… They will never have true sovereignty until they do not have a US based currency…. [post 1 of 2....stay tuned]
11-22-2022 Guru Nader From The Mid East People...keep saying the exchange rate that's in the budget. Me, I don't think its in a budget because the budget have nothing to do with the rate...Maybe I'm wrong. I hope I'm wrong but I don't think I'm wrong.
11-21-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
11-21-2022 Intel Guru MarkZ [via PDK] Still hearing great things from banking contacts and Iraqi on the ground contacts...the rates of $4.81 and $11.90 is old…they are recycling a lot of news right now...That being said - I am still hearing that 36 hours is still a target. 36 hours started this morning…so I guess that would be by tomorrow night…that may be premature…we will see.
11-21-2022 Intel Guru Frank26 We already have a seated government, it's just not announced. Let them announce it when they give you the budget law because then that seated government will bust open the piñata of the budget and that budget is explosive!
11-21-2022 Newshound Guru Sandy Ingram Article: "30% trading volume increase in Iraq Stock Exchange in October 2022" The banking sector experienced the highest share in trading at 46.9%...companies distributed dividends during October, the commercial bank of Iraq with a dividend yield of 18.4%, the Bank of Baghdad...3.6%...
11-21-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-21-2022 Newshound Guru Kaperoni Remember, Iraq Imports nearly everything and until they build a diverse market economy that is manufacturing, agriculture, they will not be self-sufficient. This is critical.
11-21-2022 Newshound Guru Pimpy Does it benefit Iraq to have a higher exchange rate? No, not right now. They have to rebuild. They have to rebuild their private sectors. They have to rebuild their public sectors. They have infrastructure...The cheaper currency gives them an advantage but we also know a cheaper currency affects...poor people and creates more poverty. As the economy strengthens, the infrastructure strengthens, stability is there..you can see them increasing the value of their currency.
11-21-2022 Intel Guru MarkZ [via PDK] I am hearing they have great expectations of it being posted in the next 36 hours or so…we do not control the timing. It could be sooner or a bit further off…we will see... we are hearing that the “oil for dinar” rate could be up to 3 times higher than the street rate...Starting yesterday afternoon we have been hearing these rumors from many sources. I can tell you conclusively that this rate is not available yet in Iraq at this present moment...Just do not make radical financial decisions on these rumors… [post 2 of 2]
11-21-2022 Intel Guru MarkZ [via PDK] [...there is a rumor the Dinar rate has been released...] ...I am hearing similar guys...I am not hearing those rates have been posted yet, and this is directly from the sandbox. I am hearing from my sources $4.81 and $11.90… We will not know for sure until we are exchanging…imo that seems like a very “pie in the sky“ rate. I do not believe we will see the rate of $11.90... I hope I am wrong. But, the $4.81 rate sounds very plausible…and spot on for the in country and international rate. [post 1 of 2....stay tuned]
11-21-2022 Newshound Guru Samson Article: "A source in the Central Bank: It is too early to trade 20,000 dinars, and no old denomination will be withdrawn" Quote: "no old cash denominations will be withdrawn, and this denomination will be added to the rest of the denominations with the aim of improving and enriching cash circulation."
11-21-2022 Intel Guru Frank26 Question: "Are they going to show us the rate before the budget?" They can. I don't think it's smart...they are but only to the parliament and the cabinet.
11-21-2022 Intel Guru MarkZ [via PDK] Still hearing great things from banking contacts and Iraqi on the ground contacts...the rates of $4.81 and $11.90 is old…they are recycling a lot of news right now...That being said - I am still hearing that 36 hours is still a target. 36 hours started this morning…so I guess that would be by tomorrow night…that may be premature…we will see.
11-21-2022 Intel Guru Frank26 We already have a seated government, it's just not announced. Let them announce it when they give you the budget law because then that seated government will bust open the piñata of the budget and that budget is explosive!
11-21-2022 Newshound Guru Sandy Ingram Article: "30% trading volume increase in Iraq Stock Exchange in October 2022" The banking sector experienced the highest share in trading at 46.9%...companies distributed dividends during October, the commercial bank of Iraq with a dividend yield of 18.4%, the Bank of Baghdad...3.6%...
11-21-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-21-2022 Newshound Guru Kaperoni Remember, Iraq Imports nearly everything and until they build a diverse market economy that is manufacturing, agriculture, they will not be self-sufficient. This is critical.
11-21-2022 Newshound Guru Pimpy Does it benefit Iraq to have a higher exchange rate? No, not right now. They have to rebuild. They have to rebuild their private sectors. They have to rebuild their public sectors. They have infrastructure...The cheaper currency gives them an advantage but we also know a cheaper currency affects...poor people and creates more poverty. As the economy strengthens, the infrastructure strengthens, stability is there..you can see them increasing the value of their currency.
11-21-2022 Intel Guru MarkZ [via PDK] I am hearing they have great expectations of it being posted in the next 36 hours or so…we do not control the timing. It could be sooner or a bit further off…we will see... we are hearing that the “oil for dinar” rate could be up to 3 times higher than the street rate...Starting yesterday afternoon we have been hearing these rumors from many sources. I can tell you conclusively that this rate is not available yet in Iraq at this present moment...Just do not make radical financial decisions on these rumors… [post 2 of 2]
11-21-2022 Intel Guru MarkZ [via PDK] [...there is a rumor the Dinar rate has been released...] ...I am hearing similar guys...I am not hearing those rates have been posted yet, and this is directly from the sandbox. I am hearing from my sources $4.81 and $11.90… We will not know for sure until we are exchanging…imo that seems like a very “pie in the sky“ rate. I do not believe we will see the rate of $11.90... I hope I am wrong. But, the $4.81 rate sounds very plausible…and spot on for the in country and international rate. [post 1 of 2....stay tuned]
11-21-2022 Newshound Guru Samson Article: "A source in the Central Bank: It is too early to trade 20,000 dinars, and no old denomination will be withdrawn" Quote: "no old cash denominations will be withdrawn, and this denomination will be added to the rest of the denominations with the aim of improving and enriching cash circulation."
11-21-2022 Intel Guru Frank26 Question: "Are they going to show us the rate before the budget?" They can. I don't think it's smart...they are but only to the parliament and the cabinet.
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11-20-2022 Intel Guru MarkZ [via PDK] They expect the 2023 Iraqi budget by the end of this month or early in Dec. We were told by many sources in Iraq that they expect the new value of the dinar by the CBI before the new budget. This gives us a very short window. I think it’s good news and gives us something to look for. In the last week they have told us that now it falls totally with the CBI. The government has told us they need the new rate for the new budget. I think we are looking at the magical confluence of events to see the value change of at least the Iraqi dinar if not the entire reset.
11-20-2022 Guest Guru BobTheTaxMan Let's talk taxes...[changes] are hidden inside what they call "The Green Book"...when the RV comes to fruition it's going to move you up. It's going to catapult you right into the net they're setting out in front of us...There's going to be "surcharges" on certain high-income taxpayers..The green book proposal would raise the top tax bracket to 39.6% from the current 37% and reduce the applicable income threshold to 400,000 for individuals...$450,000 for married couples filing a joint return.
11-20-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-20-2022 Newshound Guru Kaperoni Iraq literally imports everything into their country for their economy to operate. Until that changes and Iraq diversifies, creates their own economy, begins manufacturing, agriculture, etc. there will be no change in the dinar value. And if and when that day comes it will not change overnight, it will rise gradually over time based on the success of that economy.
11-20-2022 Newshound Guru Pimpy When the exchange rate takes place it isn't going to be for like 7 days and 10 days like I heard some people say. No. When a rate changes that's the rate. You'll have plenty of time once the rate change happens. If it's anything major, make no doubt about it, you're going to hear about it one way or another... [NOTE: Add yourself to the RV Alert List in the blue box at the top of this page...it's free! :)
11-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There was a two hour program on our Channel 1 news...they said they did an oil exploration and it has confirmed Iraq is basically floating on oil. FRANK: NASA did aerial shots of the territory...and they were able to find out Iraq sits on a lake of oil bigger than Lake Michigan. Bigger than Lake Eire. The whole country is nothing but oil...everywhere you walk the oil squirts out of the sand...oil makes the world go round. Wow...that's one of the reasons why I invested in the Iraqi dinar...
11-20-2022 Newshound Guru Sandy Ingram Article: "30% trading volume increase in Iraq Stock Exchange in October 2022" ...the percentage of foreign shares in total trading volume increased from 8.2% in September to 11.3% in October. What this statement means is there was a lot more international money reaching the doorstep of Iraq other than the oil industry.
11-20-2022 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK INITIATIVES.. WIDE ACCLAIM AND TANGIBLE RESULTS FOR IRAQ’S ECONOMY" There is no doubt that the CBI has a long-term plan that began with the devaluation in 2021. It is in the White Paper. But will they continue with the progress they have made or will Al-Sudani give up on the White Paper? He has not mentioned it at all since taking office. Let’s see what he does. He does seem to have some good policies so far if he carries them all out.
11-20-2022 Intel Guru MarkZ [via PDK] Redemption Center contacts are on call for the weekend and will spend a few hours at work Sunday afternoon. My contacts expect a very busy week beginning early in the week...They are looking for things to start very early this week.
11-20-2022 Intel Guru MarkZ [via PDK] They expect the 2023 Iraqi budget by the end of this month or early in Dec. We were told by many sources in Iraq that they expect the new value of the dinar by the CBI before the new budget. This gives us a very short window. I think it’s good news and gives us something to look for. In the last week they have told us that now it falls totally with the CBI. The government has told us they need the new rate for the new budget. I think we are looking at the magical confluence of events to see the value change of at least the Iraqi dinar if not the entire reset.
11-20-2022 Guest Guru BobTheTaxMan Let's talk taxes...[changes] are hidden inside what they call "The Green Book"...when the RV comes to fruition it's going to move you up. It's going to catapult you right into the net they're setting out in front of us...There's going to be "surcharges" on certain high-income taxpayers..The green book proposal would raise the top tax bracket to 39.6% from the current 37% and reduce the applicable income threshold to 400,000 for individuals...$450,000 for married couples filing a joint return.
11-20-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-20-2022 Newshound Guru Kaperoni Iraq literally imports everything into their country for their economy to operate. Until that changes and Iraq diversifies, creates their own economy, begins manufacturing, agriculture, etc. there will be no change in the dinar value. And if and when that day comes it will not change overnight, it will rise gradually over time based on the success of that economy.
11-20-2022 Newshound Guru Pimpy When the exchange rate takes place it isn't going to be for like 7 days and 10 days like I heard some people say. No. When a rate changes that's the rate. You'll have plenty of time once the rate change happens. If it's anything major, make no doubt about it, you're going to hear about it one way or another... [NOTE: Add yourself to the RV Alert List in the blue box at the top of this page...it's free! :)
11-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There was a two hour program on our Channel 1 news...they said they did an oil exploration and it has confirmed Iraq is basically floating on oil. FRANK: NASA did aerial shots of the territory...and they were able to find out Iraq sits on a lake of oil bigger than Lake Michigan. Bigger than Lake Eire. The whole country is nothing but oil...everywhere you walk the oil squirts out of the sand...oil makes the world go round. Wow...that's one of the reasons why I invested in the Iraqi dinar...
11-20-2022 Newshound Guru Sandy Ingram Article: "30% trading volume increase in Iraq Stock Exchange in October 2022" ...the percentage of foreign shares in total trading volume increased from 8.2% in September to 11.3% in October. What this statement means is there was a lot more international money reaching the doorstep of Iraq other than the oil industry.
11-20-2022 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK INITIATIVES.. WIDE ACCLAIM AND TANGIBLE RESULTS FOR IRAQ’S ECONOMY" There is no doubt that the CBI has a long-term plan that began with the devaluation in 2021. It is in the White Paper. But will they continue with the progress they have made or will Al-Sudani give up on the White Paper? He has not mentioned it at all since taking office. Let’s see what he does. He does seem to have some good policies so far if he carries them all out.
11-20-2022 Intel Guru MarkZ [via PDK] Redemption Center contacts are on call for the weekend and will spend a few hours at work Sunday afternoon. My contacts expect a very busy week beginning early in the week...They are looking for things to start very early this week.
11-19-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
11-19-2022 Newshound Guru Samson Article "Iraq ranks fourth in the world in the production of dates" Quote "raising the production of dates to 735,000 tons, after which Iraq jumped to fourth place in the world in the production of dates, and other achievements in the sector."
11-19-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see the United States of America money department has put 14 of our banks on a black list. They are being investigated for corruption. FRANK: Only because the governor of the CBI did it first... FIREFLY: These banks were smuggling money from the auctions to other countries...this is extremely good for us...
11-19-2022 Newshound Guru Pimpy They're not going to tell people when they actually change the rate...they're not going to announce it. It's illegal for them to do this. What we see is a lot of articles speculating.
11-19-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-19-2022 Newshound Guru Kaperoni Iraqi Parliament is not passed a significant law in over 4 years. There are close to 100 outstanding laws that are related to the economy that need to be passed. They are encouraging investment, but investors are staying away until those laws are passed.
11-19-2022 Guru Nader From The Mid East Don't be surprised if the rate is not in the budget. If they don't pass the budget from here to December it's gonna take them 2 or 3 months to try again...I'm 99% sure they're going to pass the budget before 2023
11-19-2022 Newshound Guru Samson Article: "Parliamentary Finance expects the date of the 2023 budget to arrive in Parliament and confirms: the 2022 budget is a creature that was not born" Quote: "We expect that the general budget law for the year 2023 will reach the House of Representatives either at the end of this month or early next month."
11-19-2022 Intel Guru Bruce [via WiserNow] ...we are hearing from two or three different sources that the weekend should be good for us - in terms of notifications...Saturday and Sunday, which makes Monday /Tuesday look good for exchanges...one of our sources has said regarding our exchanges, Monday and Tuesday will be magical days for us... I'm excited about what should happen this weekend and I hope you guys are too.
11-19-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There's been less and less from the Framework. We really don't see the negativity like we used to before. FRANK: That alone is encouraging ...the pendulum is swinging...the Iraqi citizens and the whole world are realizing what Sudani the new Prime Minister and Mustafa Ghaleb the CBI governor are doing and saying. Oh, dear me it's impressive.
11-19-2022 Newshound Guru Samson Article "Iraq ranks fourth in the world in the production of dates" Quote "raising the production of dates to 735,000 tons, after which Iraq jumped to fourth place in the world in the production of dates, and other achievements in the sector."
11-19-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see the United States of America money department has put 14 of our banks on a black list. They are being investigated for corruption. FRANK: Only because the governor of the CBI did it first... FIREFLY: These banks were smuggling money from the auctions to other countries...this is extremely good for us...
11-19-2022 Newshound Guru Pimpy They're not going to tell people when they actually change the rate...they're not going to announce it. It's illegal for them to do this. What we see is a lot of articles speculating.
11-19-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-19-2022 Newshound Guru Kaperoni Iraqi Parliament is not passed a significant law in over 4 years. There are close to 100 outstanding laws that are related to the economy that need to be passed. They are encouraging investment, but investors are staying away until those laws are passed.
11-19-2022 Guru Nader From The Mid East Don't be surprised if the rate is not in the budget. If they don't pass the budget from here to December it's gonna take them 2 or 3 months to try again...I'm 99% sure they're going to pass the budget before 2023
11-19-2022 Newshound Guru Samson Article: "Parliamentary Finance expects the date of the 2023 budget to arrive in Parliament and confirms: the 2022 budget is a creature that was not born" Quote: "We expect that the general budget law for the year 2023 will reach the House of Representatives either at the end of this month or early next month."
11-19-2022 Intel Guru Bruce [via WiserNow] ...we are hearing from two or three different sources that the weekend should be good for us - in terms of notifications...Saturday and Sunday, which makes Monday /Tuesday look good for exchanges...one of our sources has said regarding our exchanges, Monday and Tuesday will be magical days for us... I'm excited about what should happen this weekend and I hope you guys are too.
11-19-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There's been less and less from the Framework. We really don't see the negativity like we used to before. FRANK: That alone is encouraging ...the pendulum is swinging...the Iraqi citizens and the whole world are realizing what Sudani the new Prime Minister and Mustafa Ghaleb the CBI governor are doing and saying. Oh, dear me it's impressive.
11-18-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
11-18-2022 Intel Guru MarkZ [via PDK] There is a whole lot of chatter right now for Iraq and this weekend…AND for Monday for us to start exchanging. We will have to see how this pans out…I am very hesitant to get excited...But, the chatter is really, really good.
11-18-2022 Newshound Guru Kaperoni People need to realize they devalued the Iraqi dinar two years ago for a specific reason they didn't do just because they had nothing better to do. Reducing the dinar from 1170 to 1460 saved Iraq a lot of money, it also stimulates their own economy.
11-18-2022 Intel Guru Bruce [via WiserNow] ...Iraq, is looking to bring out their new in country...dinar rate - meaning in...Iraq...it is way higher than it is. We would be thrilled to get this rate here in the US at our redemption centers, but the rate that we're gonna get is higher yet than what we're talking about for Iraq. They're supposed to bring their new rate out either Saturday or Sunday... I'm not at liberty to tell you what it will be - but it will be very strong, especially for an in country rate for Iraq.
11-18-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-18-2022 Newshound Guru Pimpy Community comment "$1.12 would be nice." I had meeting notes from the Central Bank of Iraq and in there was a lot of talk about the government at the time wanting to change the exchange rate to $1.12...this was when Dr. Shabibi was in control of the Central Bank...this is when Maliki was trying to consolidate all his power...
11-18-2022 Newshound Guru Samson Article: "US oil reserves fell to the lowest level in 38 years" Quote: "The strategic oil reserves in the United States decreased in the week ending November 11, by 4.1 million barrels, or 1%, to 392.1 million barrels, following the weekly review of the Energy Information Administration in the Ministry of Energy in the country. Since March 1984."
11-18-2022 Intel Guru MarkZ [via PDK] Redemption Centers are on call this weekend. We do have a lot of chatter coming out of Iraq about this weekend. About a hoped for change in rate this weekend... So the biggest news is the chatter out of iraq that this is the weekend for a rate change…. I think we are close…we will see over the weekend.
11-18-2022 Newshound/Intel Guru Walkingstick [via Frank26] The HCL and the census under article 140 and the INOC (Iraq's National Oil Company) and other entities too have agreed with Kurdistan on the HCL. There is no delay. There is no stopping it. That's why you're seeing things move so fast. There are no delays to the budget due to the HCL. All systems are go...
11-18-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said if the budget gets to parliament by the 9th that by the end of December it will be voted on and passed to the president to sign. This appears to put us in January, anywhere from the 1st on through the 1st quarter. FRANK: If they can get to parliament by the 9th and if they can review it up until the 30th of December then we've got a good chance for the 1st.
11-18-2022 Newshound/Intel Guru Mnt Goat Article: "THE HOUSE OF REPRESENTATIVES REVEALS URGENT MEASURES TO REDUCE THE EXCHANGE RATE OF THE DOLLAR" Quote: "...new measures will be taken soon to reduce the exchange rate of the dollar." I have to tell you the pressure to “reinstate” the dinar to FOREX is building...
11-18-2022 Newshound Guru Pimpy This government is just now getting formed. It's now starting to rock-and-roll. We're going to see the budget here shortly. We're going to find out what the truth is as far as the exchange rate is concerned....we will find out soon.
11-18-2022 Intel Guru MarkZ [via PDK] There is a whole lot of chatter right now for Iraq and this weekend…AND for Monday for us to start exchanging. We will have to see how this pans out…I am very hesitant to get excited...But, the chatter is really, really good.
11-18-2022 Newshound Guru Kaperoni People need to realize they devalued the Iraqi dinar two years ago for a specific reason they didn't do just because they had nothing better to do. Reducing the dinar from 1170 to 1460 saved Iraq a lot of money, it also stimulates their own economy.
11-18-2022 Intel Guru Bruce [via WiserNow] ...Iraq, is looking to bring out their new in country...dinar rate - meaning in...Iraq...it is way higher than it is. We would be thrilled to get this rate here in the US at our redemption centers, but the rate that we're gonna get is higher yet than what we're talking about for Iraq. They're supposed to bring their new rate out either Saturday or Sunday... I'm not at liberty to tell you what it will be - but it will be very strong, especially for an in country rate for Iraq.
11-18-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-18-2022 Newshound Guru Pimpy Community comment "$1.12 would be nice." I had meeting notes from the Central Bank of Iraq and in there was a lot of talk about the government at the time wanting to change the exchange rate to $1.12...this was when Dr. Shabibi was in control of the Central Bank...this is when Maliki was trying to consolidate all his power...
11-18-2022 Newshound Guru Samson Article: "US oil reserves fell to the lowest level in 38 years" Quote: "The strategic oil reserves in the United States decreased in the week ending November 11, by 4.1 million barrels, or 1%, to 392.1 million barrels, following the weekly review of the Energy Information Administration in the Ministry of Energy in the country. Since March 1984."
11-18-2022 Intel Guru MarkZ [via PDK] Redemption Centers are on call this weekend. We do have a lot of chatter coming out of Iraq about this weekend. About a hoped for change in rate this weekend... So the biggest news is the chatter out of iraq that this is the weekend for a rate change…. I think we are close…we will see over the weekend.
11-18-2022 Newshound/Intel Guru Walkingstick [via Frank26] The HCL and the census under article 140 and the INOC (Iraq's National Oil Company) and other entities too have agreed with Kurdistan on the HCL. There is no delay. There is no stopping it. That's why you're seeing things move so fast. There are no delays to the budget due to the HCL. All systems are go...
11-18-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said if the budget gets to parliament by the 9th that by the end of December it will be voted on and passed to the president to sign. This appears to put us in January, anywhere from the 1st on through the 1st quarter. FRANK: If they can get to parliament by the 9th and if they can review it up until the 30th of December then we've got a good chance for the 1st.
11-18-2022 Newshound/Intel Guru Mnt Goat Article: "THE HOUSE OF REPRESENTATIVES REVEALS URGENT MEASURES TO REDUCE THE EXCHANGE RATE OF THE DOLLAR" Quote: "...new measures will be taken soon to reduce the exchange rate of the dollar." I have to tell you the pressure to “reinstate” the dinar to FOREX is building...
11-18-2022 Newshound Guru Pimpy This government is just now getting formed. It's now starting to rock-and-roll. We're going to see the budget here shortly. We're going to find out what the truth is as far as the exchange rate is concerned....we will find out soon.
11-17-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
11-17-2022 Intel Guru Frank26 Question: "Iraq goes along with other countries for reinstatement?" This is reinstatement of their own [currency]. I know there are other monetary reforms occurring right now with other countries but no where at the pace at the level the CBI is at right now. If I knew of such a thing I would have invested in their currency too.
11-17-2022 Intel Guru MarkZ [via PDK] We have had a lot of chatter today about this weekend. I don’t know if it will pan out but, it’s exciting to hear it because of where it is coming from. It’s coming from inside the sand box itself...One of my sources is with the finance ministry and they really do think…and are very hopeful that this is the weekend. I really hope this is it…
11-17-2022 Guru Nader From The Mid East Somebody asking me if you have any dinar. Yes I have dinars. But the problem, I don't have them over here. The problem, I have them in Iraq. You cannot take them out from Iraq. There are the policy says you cannot take more than 10,000 dinars.
11-17-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-17-2022 Newshound Guru Kaperoni Gurus MarkZ and Mtn Goat claim Iraq is going to delete the zeros. If this is the CBI's decision it is not good because it's a neutral event/LOP. This is not what we want to see. The best solution is for the economy to grow and as a result the dinar rises gradually.
11-17-2022 Newshound Guru Pimpy Still almost every day an article about the change in the Iraqi dinar rate. What it does is pump a lot of hope into the whole dinar arena. But what I keep telling people is you got to listen where the information is coming from. If the CBI is talking about it, which it's not going to ever happen. They'll never openly talk about changing the rate in public...they might deny rumors...
11-17-2022 Intel Guru MarkZ [via PDK] There is still massive silence on the RV front. No bad news…no news at all. I cannot get a peep or whisper out of any of my sources.
11-17-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're saying the budget should be in parliament by the 9th of December. FRANK: The 9th is crucial. We need to see this government seated, parliament seated, the Cabinet announced, everything by the 9th...From the 9th to the 31th of December they're going to review the budget...then on the 1st IMO they can launch it and make it official. They can release all the information that's in it.
11-17-2022 Newshound Guru Samson Article: "Parliamentary Oil: The Oil and Gas Law has not been canceled, but rather postponed for this reason" Quote: "The law has not been canceled, but rather postponed, and may be presented in the next legislative term."
11-17-2022 Newshound/Intel Guru David M. Witty Iraqi PM Sudani orders formation of a High Board Commission to fight corruption, along with a team to support it.
11-17-2022 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE RULES OUT A CHANGE IN THE VALUE OF THE DINAR AGAINST THE DOLLAR IN THE BUDGET" ...Anybody listening to the Finance Ministry of Iraq? ...There will be no RV rate in the budget when it comes out.
11-17-2022 Intel Guru Frank26 Question: "Iraq goes along with other countries for reinstatement?" This is reinstatement of their own [currency]. I know there are other monetary reforms occurring right now with other countries but no where at the pace at the level the CBI is at right now. If I knew of such a thing I would have invested in their currency too.
11-17-2022 Intel Guru MarkZ [via PDK] We have had a lot of chatter today about this weekend. I don’t know if it will pan out but, it’s exciting to hear it because of where it is coming from. It’s coming from inside the sand box itself...One of my sources is with the finance ministry and they really do think…and are very hopeful that this is the weekend. I really hope this is it…
11-17-2022 Guru Nader From The Mid East Somebody asking me if you have any dinar. Yes I have dinars. But the problem, I don't have them over here. The problem, I have them in Iraq. You cannot take them out from Iraq. There are the policy says you cannot take more than 10,000 dinars.
11-17-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-17-2022 Newshound Guru Kaperoni Gurus MarkZ and Mtn Goat claim Iraq is going to delete the zeros. If this is the CBI's decision it is not good because it's a neutral event/LOP. This is not what we want to see. The best solution is for the economy to grow and as a result the dinar rises gradually.
11-17-2022 Newshound Guru Pimpy Still almost every day an article about the change in the Iraqi dinar rate. What it does is pump a lot of hope into the whole dinar arena. But what I keep telling people is you got to listen where the information is coming from. If the CBI is talking about it, which it's not going to ever happen. They'll never openly talk about changing the rate in public...they might deny rumors...
11-17-2022 Intel Guru MarkZ [via PDK] There is still massive silence on the RV front. No bad news…no news at all. I cannot get a peep or whisper out of any of my sources.
11-17-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're saying the budget should be in parliament by the 9th of December. FRANK: The 9th is crucial. We need to see this government seated, parliament seated, the Cabinet announced, everything by the 9th...From the 9th to the 31th of December they're going to review the budget...then on the 1st IMO they can launch it and make it official. They can release all the information that's in it.
11-17-2022 Newshound Guru Samson Article: "Parliamentary Oil: The Oil and Gas Law has not been canceled, but rather postponed for this reason" Quote: "The law has not been canceled, but rather postponed, and may be presented in the next legislative term."
11-17-2022 Newshound/Intel Guru David M. Witty Iraqi PM Sudani orders formation of a High Board Commission to fight corruption, along with a team to support it.
11-17-2022 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE RULES OUT A CHANGE IN THE VALUE OF THE DINAR AGAINST THE DOLLAR IN THE BUDGET" ...Anybody listening to the Finance Ministry of Iraq? ...There will be no RV rate in the budget when it comes out.
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11-16-2022 Intel Guru MarkZ [via PDK] [A lot of gurus are saying go time is now Jan 1st. Your thoughts?] No, I think “go time” is sooner than that. It is S*** or get off the pot time…
11-16-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor is on the news and he's giving praise for the new Development Bank of Iraq that is opening a branch in Dubai...he is bragging how this will help develop Iraq's private sector. We are excited... FRANK: Why would Dubai be excited about a program rate? Oh, excuse me! They are not LOL! FIREFLY: Dubai is all about the money.
11-16-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-16-2022 Newshound/Intel Guru Walkingstick [via Frank26] Everyone knows this is coming. The CBI is not going to come out and give you that date. The same thing with Kuwait and China they came out and denied it until the day they set their RV or RI. And laws in their constitution prevent telegraphing any date.
11-16-2022 Newshound Guru Jeff The only way you're going to know the truth about this investment is to dive in at a very deep level and observe and witness their actions...through their actions you can clearly see what their motives and intentions are...if you study it at the surface this is what you're going to get right here... article quote "the current price will be fixed for many more years to come"
11-16-2022 Intel Guru Bruce [via WiserNow] It looks as though where we had information showing that we would get some notifications to come out either tomorrow [Wednesday] afternoon or Thursday. One Source that appears to have a pretty good line of information is pointing to everything being shifted to the...19th or 20th of this month, which is Saturday or Sunday... we're looking at exchanges to start either Monday or Tuesday of next week.
11-16-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is at a conference in Dubai...they're talking about how the Iraqi banking sector is ready to push forward not only inside of Iraq but around the world. FRANK: Yes money makes the world go round...I don't know if you realize it but you are very close. FIREFLY: Yes sir.
11-16-2022 Intel Guru MarkZ [via PDK] In a nutshell this is an interesting spin to lock down the money system on money moving in and out without saying what they are getting ready to do. I think it would be the perfect cover…especially since we know that their goal for right now over the next days, hours ,weeks is to finish the rv and delete the zeros. I am taking this article as a positive sign. This is what we expect to see before they reset their currency values. Not allowing big money to move in and out to take advantage of the revaluation of the dinar. [post 2 of 2]
11-16-2022 Intel Guru MarkZ [via PDK] There is a bit of Iraqi news which I think is positive. “The US Federal Reserve suspends money transfers to 14 Iraqi Banks” I think this is fantastic. Supposedly they are going after anything illicit and have frozen the “ins and outs” of the banks. What is one of the very first things they did in Kuwait just before they revalued? They froze all the money going in and out of the country so that people could not manipulate or take advantage…this may be an exceptionally good sign for us. [post 1 of 2....stay tuned]
11-16-2022 Newshound Guru Pimpy There has been a lot of talk about the Iraqi dinar exchange rate change and what we can expect and what is going on...there's been a lot of talk about this up and coming budget...I'm shocked at how fast they're putting this thing together, usually takes forever...I'm hearing from all kinds of people saying don't trust the news, they're lying, the rate change is going to be in there. It goes back and forth...nobody knows...It's all speculation...
11-16-2022 Newshound Guru Samson Article: "Iraq is the fifth largest oil producer in the world" Quote: "...the United States, which came first at a rate of 11.567 million barrels per day, and Russia came second with a rate of 10,503 million barrels. per day, and then Saudi Arabia came third with a rate of 10.225 million barrels per day, and Canada came fourth with a rate of 4.665 million barrels per day."
11-16-2022 Newshound/Intel Guru Mnt Goat I have talked to my CBI contact and I am still being told the work is being done to soon conduct the project to delete the zeros. ...we will just have to wait and see what happens. Time is running very short and January is almost here.
11-16-2022 Newshound Guru Pimpy My hopes are that once all the reform has taken place that we're going to be able to see Iraqi [dinar] being bought and sold again at our local banks. They should have the restrictions removed off of them and hopefully we see them on the Forex. Then the market will determine the actual value or the Iraqi dinar...
11-16-2022 Intel Guru MarkZ [via PDK] [A lot of gurus are saying go time is now Jan 1st. Your thoughts?] No, I think “go time” is sooner than that. It is S*** or get off the pot time…
11-16-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor is on the news and he's giving praise for the new Development Bank of Iraq that is opening a branch in Dubai...he is bragging how this will help develop Iraq's private sector. We are excited... FRANK: Why would Dubai be excited about a program rate? Oh, excuse me! They are not LOL! FIREFLY: Dubai is all about the money.
11-16-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-16-2022 Newshound/Intel Guru Walkingstick [via Frank26] Everyone knows this is coming. The CBI is not going to come out and give you that date. The same thing with Kuwait and China they came out and denied it until the day they set their RV or RI. And laws in their constitution prevent telegraphing any date.
11-16-2022 Newshound Guru Jeff The only way you're going to know the truth about this investment is to dive in at a very deep level and observe and witness their actions...through their actions you can clearly see what their motives and intentions are...if you study it at the surface this is what you're going to get right here... article quote "the current price will be fixed for many more years to come"
11-16-2022 Intel Guru Bruce [via WiserNow] It looks as though where we had information showing that we would get some notifications to come out either tomorrow [Wednesday] afternoon or Thursday. One Source that appears to have a pretty good line of information is pointing to everything being shifted to the...19th or 20th of this month, which is Saturday or Sunday... we're looking at exchanges to start either Monday or Tuesday of next week.
11-16-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is at a conference in Dubai...they're talking about how the Iraqi banking sector is ready to push forward not only inside of Iraq but around the world. FRANK: Yes money makes the world go round...I don't know if you realize it but you are very close. FIREFLY: Yes sir.
11-16-2022 Intel Guru MarkZ [via PDK] In a nutshell this is an interesting spin to lock down the money system on money moving in and out without saying what they are getting ready to do. I think it would be the perfect cover…especially since we know that their goal for right now over the next days, hours ,weeks is to finish the rv and delete the zeros. I am taking this article as a positive sign. This is what we expect to see before they reset their currency values. Not allowing big money to move in and out to take advantage of the revaluation of the dinar. [post 2 of 2]
11-16-2022 Intel Guru MarkZ [via PDK] There is a bit of Iraqi news which I think is positive. “The US Federal Reserve suspends money transfers to 14 Iraqi Banks” I think this is fantastic. Supposedly they are going after anything illicit and have frozen the “ins and outs” of the banks. What is one of the very first things they did in Kuwait just before they revalued? They froze all the money going in and out of the country so that people could not manipulate or take advantage…this may be an exceptionally good sign for us. [post 1 of 2....stay tuned]
11-16-2022 Newshound Guru Pimpy There has been a lot of talk about the Iraqi dinar exchange rate change and what we can expect and what is going on...there's been a lot of talk about this up and coming budget...I'm shocked at how fast they're putting this thing together, usually takes forever...I'm hearing from all kinds of people saying don't trust the news, they're lying, the rate change is going to be in there. It goes back and forth...nobody knows...It's all speculation...
11-16-2022 Newshound Guru Samson Article: "Iraq is the fifth largest oil producer in the world" Quote: "...the United States, which came first at a rate of 11.567 million barrels per day, and Russia came second with a rate of 10,503 million barrels. per day, and then Saudi Arabia came third with a rate of 10.225 million barrels per day, and Canada came fourth with a rate of 4.665 million barrels per day."
11-16-2022 Newshound/Intel Guru Mnt Goat I have talked to my CBI contact and I am still being told the work is being done to soon conduct the project to delete the zeros. ...we will just have to wait and see what happens. Time is running very short and January is almost here.
11-16-2022 Newshound Guru Pimpy My hopes are that once all the reform has taken place that we're going to be able to see Iraqi [dinar] being bought and sold again at our local banks. They should have the restrictions removed off of them and hopefully we see them on the Forex. Then the market will determine the actual value or the Iraqi dinar...
11-15-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
11-15-2022 Intel Guru MarkZ [via PDK] [Do you think we will see the RV before the end of the year?] I really do. I think we will see it before the end of this year...imo, we are watching it come together...I believe we are on the cusp and could go at any moment.
11-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is constantly telling us the rate will not be changed upon the '23 budget. But that does not bother us anymore...we simply wait and see. FRANK: I don't care that it comes from the CBI because it's not coming from the governor. It's coming from the liars of the Framework...if you see the governor come out and tell you then we would consider it. But he is not...
11-15-2022 Newshound Guru Sandy Ingram Article: "Iraq unveils 'strategic project' to boost oil reserves" Iraq is literally floating on oil...Iraq is serious about offshore exploration...they know the oil is there, it's just a matter of getting access to this massive amount of oil...
11-15-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-15-2022 Newshound/Intel Guru Walkingstick [via Frank26] To say that there is no rate change that is coming...that's baloney. No one can come out and say there will be no rate change for years to come. That's not logical...an exchange rate can and will fluctuate. And the CBI cannot predict those changes. Especially not years down the road...
11-15-2022 Intel Guru MarkZ [via PDK] Question: Mark, can you explain why/how Kuwait revalued so quick compared with Vietnam or Iraq. MarkZ: There wasn’t as much to be gained when Kuwait changed value. It was a smaller country with bigger reserves. It was more stable and very easy to pull off. No internet or computers back then so it was easy for them. When they did go- they were able to keep the new rate quiet for about 10 days. I guarantee you that Iraq would have already changed value if we had not found out about it. The goal was never to reward us…it was for the Cheney/Bush crowd…the elites….
11-15-2022 Newshound Guru Samson Article: "Economist: Iraq's association with the International Monetary Fund prevents resorting to a devaluation of the dollar" Quote: "Saleh Al-Hamashi, explained that changing the value of the dollar against the dinar is not possible during the current period, especially with Iraq's association with the International Monetary Fund, as devaluation will lose confidence with this fund."
11-15-2022 Intel Guru Frank26 Article: "Al-Mandalawi stresses the need to expedite the presentation of the budget law" THIS IS THE LAW THAT WILL GIVE IRAQ ITS BUDGET, ITS REFORM, ITS WHITE PAPERS, ITS CONTRACTS, & ITS EXCHANGE RATE WITH NSCN's TO MATCH THE MATH.
11-15-2022 Newshound Guru Kaperoni [aka NORV] According to Mazhar Muhammad Salih, the government's financial advisor, there may be an option to gradually increase the value of the dinar. He said, "Any future adjustment of the exchange rate must be implemented gradually over one year to provide the appropriate climate for price adjustment. " There is nothing random to an increase in the value of the dinar. We all will know because Iraq's economy will begin to prosper. When they start manufacturing products and create a diverse economy away from just oil then the central bank will float the dinar and the currency will begin to rise as the economy grows. That's how currencies work...
11-15-2022 Newshound/Intel Guru RVAlready I am pretty sure the CBI has given the Finance Minister the RV rate, else they would have no basis for the budget!!!
11-15-2022 Intel Guru MarkZ [via PDK] Just about every agency out there The UN…IMF…and including the CBI have told us they do not need permission to change the rate but, there are articles coming out from no name ministers saying they are not going to vote to change the rate yet…. Well, they don’t have to vote to change the rate. The CBI is in charge of that now. The GOI did their part and now it’s up to the CBI.
11-15-2022 Intel Guru MarkZ [via PDK] [Do you think we will see the RV before the end of the year?] I really do. I think we will see it before the end of this year...imo, we are watching it come together...I believe we are on the cusp and could go at any moment.
11-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is constantly telling us the rate will not be changed upon the '23 budget. But that does not bother us anymore...we simply wait and see. FRANK: I don't care that it comes from the CBI because it's not coming from the governor. It's coming from the liars of the Framework...if you see the governor come out and tell you then we would consider it. But he is not...
11-15-2022 Newshound Guru Sandy Ingram Article: "Iraq unveils 'strategic project' to boost oil reserves" Iraq is literally floating on oil...Iraq is serious about offshore exploration...they know the oil is there, it's just a matter of getting access to this massive amount of oil...
11-15-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-15-2022 Newshound/Intel Guru Walkingstick [via Frank26] To say that there is no rate change that is coming...that's baloney. No one can come out and say there will be no rate change for years to come. That's not logical...an exchange rate can and will fluctuate. And the CBI cannot predict those changes. Especially not years down the road...
11-15-2022 Intel Guru MarkZ [via PDK] Question: Mark, can you explain why/how Kuwait revalued so quick compared with Vietnam or Iraq. MarkZ: There wasn’t as much to be gained when Kuwait changed value. It was a smaller country with bigger reserves. It was more stable and very easy to pull off. No internet or computers back then so it was easy for them. When they did go- they were able to keep the new rate quiet for about 10 days. I guarantee you that Iraq would have already changed value if we had not found out about it. The goal was never to reward us…it was for the Cheney/Bush crowd…the elites….
11-15-2022 Newshound Guru Samson Article: "Economist: Iraq's association with the International Monetary Fund prevents resorting to a devaluation of the dollar" Quote: "Saleh Al-Hamashi, explained that changing the value of the dollar against the dinar is not possible during the current period, especially with Iraq's association with the International Monetary Fund, as devaluation will lose confidence with this fund."
11-15-2022 Intel Guru Frank26 Article: "Al-Mandalawi stresses the need to expedite the presentation of the budget law" THIS IS THE LAW THAT WILL GIVE IRAQ ITS BUDGET, ITS REFORM, ITS WHITE PAPERS, ITS CONTRACTS, & ITS EXCHANGE RATE WITH NSCN's TO MATCH THE MATH.
11-15-2022 Newshound Guru Kaperoni [aka NORV] According to Mazhar Muhammad Salih, the government's financial advisor, there may be an option to gradually increase the value of the dinar. He said, "Any future adjustment of the exchange rate must be implemented gradually over one year to provide the appropriate climate for price adjustment. " There is nothing random to an increase in the value of the dinar. We all will know because Iraq's economy will begin to prosper. When they start manufacturing products and create a diverse economy away from just oil then the central bank will float the dinar and the currency will begin to rise as the economy grows. That's how currencies work...
11-15-2022 Newshound/Intel Guru RVAlready I am pretty sure the CBI has given the Finance Minister the RV rate, else they would have no basis for the budget!!!
11-15-2022 Intel Guru MarkZ [via PDK] Just about every agency out there The UN…IMF…and including the CBI have told us they do not need permission to change the rate but, there are articles coming out from no name ministers saying they are not going to vote to change the rate yet…. Well, they don’t have to vote to change the rate. The CBI is in charge of that now. The GOI did their part and now it’s up to the CBI.
11-14-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
11-14-2022 Newshound Guru Pimpy You have the prime minister and the Central Bank saying there's no intentions on changing the rate...it's not going to take long until we find out what's really going on. As soon as the draft budget comes out and we see it we're gonna know if there's a rate change in there and if there is one, how much.
11-14-2022 Intel Guru MarkZ [via PDK] Lots of good chatter but nothing I would consider solid news tonight. Sources are still upbeat but, nothing is moving. [...Iraq has told the people that things will happen this month. Budget is supposed to be sent for approval...the 15th of this month.] I am absolutely hearing the same thing. It’s ante up time.
11-13-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-14-2022 Newshound Guru Breitling 90% of their [Iraq's] economy is based on oil/petroleum products. So that means they have a great and fantastic future...the world is not about to give up its oil...they have a product that's...use is important. It's not gonna go away. The question is when do they get in the market? What do they diversify? And how do they diversify? It's adding value to their currency and to do that they have to pass banking laws...
11-14-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All these deals with other countries can't stay at a program rate. We feel it will...not mess around with any of this 1190 mess but straight to 1 to 1 and then float from there. Too many deals with too many countries that are taking major investments here. FRANK: There you go...now you're understanding and you are applying logic to what you are seeing with your own eyes from your leaders...things are moving at a very fast pace...when you see the international contracts being activated right in front of your eyes, before the 2023 budget is even open that tells me your new exchange rate is solid and as strong as titanium.
11-14-2022 Newshound/Intel Guru Walkingstick [via Frank26] All past budgets of Iraq have had a rate line item to calculate the budget's expenditures. When you see the historical 2023 budget its goals are not a reality with a program rate. That's why the CBI now educates the citizen at a faster quicker pace about the new exchange rate and about the new small category notes to match that new rate. That new rate is coming to a bank near you.
11-14-2022 Newshound Guru Jeff ...You're in the middle of a budget period right now so they can't revalue the currency during the middle of a budget period because budgets are calculated off the value of the currency. If they were to try to change the exchange rate in the middle of a budget they would have to amend that budget and plug new numbers and values into the budget. That's the only way they could do it. Right now they don't have any intentions of amending the budget. That's not what their intentions are...
11-14-2022 Guru Nader From The Mid East A lot of talk about the budget. They're gonna pass it November/December...they said between the 18th and 22nd (this month). I think they're gonna pass it. They have no choice...Here's the thing. I always expect the worst...don't think it's gonna change the day after the budget comes out...you never know...even if the exchange rate is in the budget I think it's not going to be what we think. It's gonna graduate though from there.
11-14-2022 Newshound Guru Pimpy Article quote "...according to Saleh, a government adviser, there may be an option to gradually increase the value of the dinar. 'Any future adjustment of the exchange rate must be gradually implemented over a one year period to provide an appropriate climate for price adjustment...' I've stated before...the best move is to do it in increments and that's what it sounds like Saleh is saying...I'd rather have a thousand baby steps to get there than to sit here for years and years with no change...
11-14-2022 Intel Guru MarkZ [via PDK] Question: What are you thinking on timing? Are you still thinking before Thanksgiving? MarkZ: Bankers are still excited and very upbeat. There is a lot of chatter out of Iraq for this week. News out if Iraq “Al Sudani begins the first procedures to activate the Iraqi private sector” also “Economic circles welcome the opening of an Iraqi bank branch in Dubai” They want investment in Iraq and they want to build their economy. To do that you need an international currency.
11-14-2022 Newshound Guru Militiaman Article: "The Central Bank: Our reserves have reached $90 billion and there is no change in the exchange rate in the 2023 budget" We can clearly see that they have enough reserves to last 22 months. The world average is 11 months per the World Bank... That level of reserves is very good...They will need stability and appear to have that largely covered. They do tell us their money supply...The average value of a note issued (six billion of them) is roughly 13,833 per note.
11-14-2022 Newshound/Intel Guru RVAlready Looks like the finish line coming soon.
11-14-2022 Intel Guru Frank26 Article: "Central Bank Governor: We were keen to facilitate the procedures for opening the first branch of a private bank abroad". CBI GOV TELLS THE IRAQI CITIZENS ABOUT THE SATELLITE BANKS INTERNATIONALLY.
11-14-2022 Newshound Guru Pimpy You have the prime minister and the Central Bank saying there's no intentions on changing the rate...it's not going to take long until we find out what's really going on. As soon as the draft budget comes out and we see it we're gonna know if there's a rate change in there and if there is one, how much.
11-14-2022 Intel Guru MarkZ [via PDK] Lots of good chatter but nothing I would consider solid news tonight. Sources are still upbeat but, nothing is moving. [...Iraq has told the people that things will happen this month. Budget is supposed to be sent for approval...the 15th of this month.] I am absolutely hearing the same thing. It’s ante up time.
11-13-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-14-2022 Newshound Guru Breitling 90% of their [Iraq's] economy is based on oil/petroleum products. So that means they have a great and fantastic future...the world is not about to give up its oil...they have a product that's...use is important. It's not gonna go away. The question is when do they get in the market? What do they diversify? And how do they diversify? It's adding value to their currency and to do that they have to pass banking laws...
11-14-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All these deals with other countries can't stay at a program rate. We feel it will...not mess around with any of this 1190 mess but straight to 1 to 1 and then float from there. Too many deals with too many countries that are taking major investments here. FRANK: There you go...now you're understanding and you are applying logic to what you are seeing with your own eyes from your leaders...things are moving at a very fast pace...when you see the international contracts being activated right in front of your eyes, before the 2023 budget is even open that tells me your new exchange rate is solid and as strong as titanium.
11-14-2022 Newshound/Intel Guru Walkingstick [via Frank26] All past budgets of Iraq have had a rate line item to calculate the budget's expenditures. When you see the historical 2023 budget its goals are not a reality with a program rate. That's why the CBI now educates the citizen at a faster quicker pace about the new exchange rate and about the new small category notes to match that new rate. That new rate is coming to a bank near you.
11-14-2022 Newshound Guru Jeff ...You're in the middle of a budget period right now so they can't revalue the currency during the middle of a budget period because budgets are calculated off the value of the currency. If they were to try to change the exchange rate in the middle of a budget they would have to amend that budget and plug new numbers and values into the budget. That's the only way they could do it. Right now they don't have any intentions of amending the budget. That's not what their intentions are...
11-14-2022 Guru Nader From The Mid East A lot of talk about the budget. They're gonna pass it November/December...they said between the 18th and 22nd (this month). I think they're gonna pass it. They have no choice...Here's the thing. I always expect the worst...don't think it's gonna change the day after the budget comes out...you never know...even if the exchange rate is in the budget I think it's not going to be what we think. It's gonna graduate though from there.
11-14-2022 Newshound Guru Pimpy Article quote "...according to Saleh, a government adviser, there may be an option to gradually increase the value of the dinar. 'Any future adjustment of the exchange rate must be gradually implemented over a one year period to provide an appropriate climate for price adjustment...' I've stated before...the best move is to do it in increments and that's what it sounds like Saleh is saying...I'd rather have a thousand baby steps to get there than to sit here for years and years with no change...
11-14-2022 Intel Guru MarkZ [via PDK] Question: What are you thinking on timing? Are you still thinking before Thanksgiving? MarkZ: Bankers are still excited and very upbeat. There is a lot of chatter out of Iraq for this week. News out if Iraq “Al Sudani begins the first procedures to activate the Iraqi private sector” also “Economic circles welcome the opening of an Iraqi bank branch in Dubai” They want investment in Iraq and they want to build their economy. To do that you need an international currency.
11-14-2022 Newshound Guru Militiaman Article: "The Central Bank: Our reserves have reached $90 billion and there is no change in the exchange rate in the 2023 budget" We can clearly see that they have enough reserves to last 22 months. The world average is 11 months per the World Bank... That level of reserves is very good...They will need stability and appear to have that largely covered. They do tell us their money supply...The average value of a note issued (six billion of them) is roughly 13,833 per note.
11-14-2022 Newshound/Intel Guru RVAlready Looks like the finish line coming soon.
11-14-2022 Intel Guru Frank26 Article: "Central Bank Governor: We were keen to facilitate the procedures for opening the first branch of a private bank abroad". CBI GOV TELLS THE IRAQI CITIZENS ABOUT THE SATELLITE BANKS INTERNATIONALLY.
11-13-2022 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($45,000 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 >>
11-13-2022 Newshound Guru Pimpy You have to pay attention to who's giving you the news. Article: "Will Iraq's new government reconsider dinar exchange rate?" You can see right here Quote: "a number of leaders of the Coordination Framework..." Who has been benefiting from putting out there all kinds of rumors causing speculators to run and grab up the dinar and then they make money off this...unless it comes from the Central Bank of Iraq I wouldn't trust the news too much especially since we're talking about the Coordinating Framework...
11-13-2022 Newshound/Intel Guru Walkingstick [via Frank26] [We] are looking at it more as a 1 to 1 where they will eventually float...I love the fact that...all they talk about everyday in the streets is about a new exchange rate. That tells me the CBI has been very successful in the education of the monetary reform...
11-13-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-13-2022 Newshound Guru Jeff Article: "Al-Sudani resolves the position on the re-change of the dollar exchange rate and calls the term 'corruption pandemic" The central bank and the government are autonomous...the government has no decision making, period, in adjusting the exchange rate. It's in the hands of the central bank and it's proven to you right here. Quote: "the Central bank of Iraq as the only concerned party in changing or restoring the dollar exchange rate."
11-13-2022 Newshound Guru MilitiaMan Article: "The Governor of the Central Bank of Iraq inaugurates a branch of the International Development Bank in Dubai" The CBI opening a bank internationally with confidence is obviously a mile stone for the bank. An international move that is likely a sign of things to come.. Timing is perfect.
11-13-2022 Newshound Guru Sandy Ingram Quote: "Money is the lifeblood and the means of development and prosperity, and we calculate that our banking sector is qualified to play the roles that everyone aspires to." We rarely hear from the Central Bank of Iraq...but since the Saudi Wealth Fund is investing in Iraq we are learning more about the CBI in the news... [Post 2 of 2]
11-13-2022 Newshound Guru Sandy Ingram The governor of the Central Bank of Iraq is participating in the Autumn Conference of the Iraqi British Business Council which opened...Thursday in Dubai. The governor made several statements however this one statement is akin to what we hope to hear and see in Iraq... [Post 1 of 2....stay tuned]
11-13-2022 Intel Guru Frank26 Once we have a seated government then you'll have a budget that you can open like a piñata and then you'll see the things that are in there...as far as the rate, we need the government announced and seated and then you'll see the budget.
11-13-2022 Newshound Guru Pimpy I know people are talking about there being a rate change inside the budget. I've mentioned that article as well, only to hear the Central Bank of Iraq come out the next day saying that it wasn't true. Remember the people that are supposed to make the announcement are the Central Bank not the government of Iraq...
11-13-2022 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE EXPECTS THE DATE FOR APPROVING THE 2023 BUDGET" ...I have to tell you don’t expect the budget until 2023...Yes, I certainly hope they will send it to parliament this month of Nov and quickly read it and pass it. But come’on folks, this is Iraq.
11-13-2022 Newshound Guru Pimpy You have to pay attention to who's giving you the news. Article: "Will Iraq's new government reconsider dinar exchange rate?" You can see right here Quote: "a number of leaders of the Coordination Framework..." Who has been benefiting from putting out there all kinds of rumors causing speculators to run and grab up the dinar and then they make money off this...unless it comes from the Central Bank of Iraq I wouldn't trust the news too much especially since we're talking about the Coordinating Framework...
11-13-2022 Newshound/Intel Guru Walkingstick [via Frank26] [We] are looking at it more as a 1 to 1 where they will eventually float...I love the fact that...all they talk about everyday in the streets is about a new exchange rate. That tells me the CBI has been very successful in the education of the monetary reform...
11-13-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-13-2022 Newshound Guru Jeff Article: "Al-Sudani resolves the position on the re-change of the dollar exchange rate and calls the term 'corruption pandemic" The central bank and the government are autonomous...the government has no decision making, period, in adjusting the exchange rate. It's in the hands of the central bank and it's proven to you right here. Quote: "the Central bank of Iraq as the only concerned party in changing or restoring the dollar exchange rate."
11-13-2022 Newshound Guru MilitiaMan Article: "The Governor of the Central Bank of Iraq inaugurates a branch of the International Development Bank in Dubai" The CBI opening a bank internationally with confidence is obviously a mile stone for the bank. An international move that is likely a sign of things to come.. Timing is perfect.
11-13-2022 Newshound Guru Sandy Ingram Quote: "Money is the lifeblood and the means of development and prosperity, and we calculate that our banking sector is qualified to play the roles that everyone aspires to." We rarely hear from the Central Bank of Iraq...but since the Saudi Wealth Fund is investing in Iraq we are learning more about the CBI in the news... [Post 2 of 2]
11-13-2022 Newshound Guru Sandy Ingram The governor of the Central Bank of Iraq is participating in the Autumn Conference of the Iraqi British Business Council which opened...Thursday in Dubai. The governor made several statements however this one statement is akin to what we hope to hear and see in Iraq... [Post 1 of 2....stay tuned]
11-13-2022 Intel Guru Frank26 Once we have a seated government then you'll have a budget that you can open like a piñata and then you'll see the things that are in there...as far as the rate, we need the government announced and seated and then you'll see the budget.
11-13-2022 Newshound Guru Pimpy I know people are talking about there being a rate change inside the budget. I've mentioned that article as well, only to hear the Central Bank of Iraq come out the next day saying that it wasn't true. Remember the people that are supposed to make the announcement are the Central Bank not the government of Iraq...
11-13-2022 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE EXPECTS THE DATE FOR APPROVING THE 2023 BUDGET" ...I have to tell you don’t expect the budget until 2023...Yes, I certainly hope they will send it to parliament this month of Nov and quickly read it and pass it. But come’on folks, this is Iraq.
11-12-2022 Salesperson-Superstar Wanted Extremely lucrative and fun for the right person. Straight commission ($45,000 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 >>
11-12-2022 Intel Guru Frank26 ...Once you see a seated and announced government...you will see your budget...white pagers...exchange rate...new small category notes. It may still be a little bit out before we get there but everything we are saying is confirming where we are heading...
11-12-2022 Guru Nader From The Mid East From the beginning I said the exchange rate it's not under the budget and it's not going to be in a budget. The CBI who make the decision. It's not the government. The government can vote for it and push the CBI but if the CBI says no it's no. There's no choice.
11-12-2022 Newshound Guru Pimpy A currency that has an increased value benefits Iraq if they're mostly importing because you want to have more for purchasing power. If they want to be big in exporting to the international community then obviously a cheaper currency is what they want. If they are a country that does more importing than exporting a higher currency is what you want because you have more purchasing power.
11-12-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-12-2022 Newshound Guru MilitiaMan Article: "Central Bank Governor: We were keen to facilitate the procedures for opening the first branch of a private bank abroad" Opening the first private sector bank outside of Iraq is not a small accomplishment. It actually has massive implications, imo. Internationalism is a big deal and it will require an international relationship at a higher level than it is today.
11-12-2022 Newshound/Intel Guru Walkingstick [via Frank26] All historical redenominations have occurred in an orderly fashion...IMO when they release the 2023 budget into law it will be before 2023. IMO the first quarter of 2023 will allow all of this to be shown. The last quarter of 2022 is also important to set up the 2023 budget in the first quarter for constitutional and accounting reasons and for it to become law...so far all is on course. Everyone is on the same page...The CBI and GOI are now married and on their honeymoon.
11-12-2022 Intel Guru MarkZ [via PDK] Very quiet on the RV front…it really is dead silent from top to bottom. I believe silence is golden…but I could be wrong. Contacts have given me their clear expectations and we are still in that window...I know it’s frustrating…we are all tired and want to see big changes...They have done everything… It is now in the CBI’s hands. We are just waiting on a rate change.
11-12-2022 Newshound Guru Jeff Article: "Central Bank Governor: The current dollar price will be established for years and there is no intention to change it in any way" Remember guys do to insider trading laws Iraq cannot and will not tell you they plan to increase their exchange rate...they can't tell you an increase is coming it's a violation of insider trading laws...
11-12-2022 Newshound Guru Samson Article: "Central Bank Governor: We were keen to facilitate the procedures for opening the first branch of a private bank abroad" Quote: "Ghaleb said...the Development Bank "opened branches inside Iraq and spread in almost all governorates, and worked to provide international requirements and standards for launching to the regional region, and its first step was the UAE"
11-12-2022 Newshound Guru Pimpy Article: "Central Bank Governor: The current dollar price will be established for years and there is no intention to change it in any way" We know the Coordinating Framework as well as Sadr made promises to have the rate change happen...the governor of the Central Bank of Iraq says...they have no intentions of changing it for a few years...
11-12-2022 Intel Guru MarkZ [via PDK] "Iraq’s 2023 budget is expected to be its largest yet" [Guru] Nader...talks about them voting on their new budget… I am hearing we are expecting to get a rate with that vote. This is expected in the month of November. That is what I hear from my finance minister contacts over there.
11-12-2022 Intel Guru Frank26 Article: "Al-Sudani is preparing to launch a 'big reform project'..." [BOTH THE ECONOMIC & MONETARY REFORMS] "...for the economy". A PROGRAM RATE CANNOT DO THIS THAT'S WHY SUDANI TOLD THE IRAQI CITIZENS WE ARE ADDING VALUE TO YOUR
CURRENCY. Quote: "...this project works to...conduct banking reform that enables the agency to have correspondent banks abroad, adopt international standards in the field of banking reform..." THE INTERNATIONAL WORLD WILL NOT ACCEPT A PROGRAM RATE!
11-12-2022 Intel Guru Frank26 ...Once you see a seated and announced government...you will see your budget...white pagers...exchange rate...new small category notes. It may still be a little bit out before we get there but everything we are saying is confirming where we are heading...
11-12-2022 Guru Nader From The Mid East From the beginning I said the exchange rate it's not under the budget and it's not going to be in a budget. The CBI who make the decision. It's not the government. The government can vote for it and push the CBI but if the CBI says no it's no. There's no choice.
11-12-2022 Newshound Guru Pimpy A currency that has an increased value benefits Iraq if they're mostly importing because you want to have more for purchasing power. If they want to be big in exporting to the international community then obviously a cheaper currency is what they want. If they are a country that does more importing than exporting a higher currency is what you want because you have more purchasing power.
11-12-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-12-2022 Newshound Guru MilitiaMan Article: "Central Bank Governor: We were keen to facilitate the procedures for opening the first branch of a private bank abroad" Opening the first private sector bank outside of Iraq is not a small accomplishment. It actually has massive implications, imo. Internationalism is a big deal and it will require an international relationship at a higher level than it is today.
11-12-2022 Newshound/Intel Guru Walkingstick [via Frank26] All historical redenominations have occurred in an orderly fashion...IMO when they release the 2023 budget into law it will be before 2023. IMO the first quarter of 2023 will allow all of this to be shown. The last quarter of 2022 is also important to set up the 2023 budget in the first quarter for constitutional and accounting reasons and for it to become law...so far all is on course. Everyone is on the same page...The CBI and GOI are now married and on their honeymoon.
11-12-2022 Intel Guru MarkZ [via PDK] Very quiet on the RV front…it really is dead silent from top to bottom. I believe silence is golden…but I could be wrong. Contacts have given me their clear expectations and we are still in that window...I know it’s frustrating…we are all tired and want to see big changes...They have done everything… It is now in the CBI’s hands. We are just waiting on a rate change.
11-12-2022 Newshound Guru Jeff Article: "Central Bank Governor: The current dollar price will be established for years and there is no intention to change it in any way" Remember guys do to insider trading laws Iraq cannot and will not tell you they plan to increase their exchange rate...they can't tell you an increase is coming it's a violation of insider trading laws...
11-12-2022 Newshound Guru Samson Article: "Central Bank Governor: We were keen to facilitate the procedures for opening the first branch of a private bank abroad" Quote: "Ghaleb said...the Development Bank "opened branches inside Iraq and spread in almost all governorates, and worked to provide international requirements and standards for launching to the regional region, and its first step was the UAE"
11-12-2022 Newshound Guru Pimpy Article: "Central Bank Governor: The current dollar price will be established for years and there is no intention to change it in any way" We know the Coordinating Framework as well as Sadr made promises to have the rate change happen...the governor of the Central Bank of Iraq says...they have no intentions of changing it for a few years...
11-12-2022 Intel Guru MarkZ [via PDK] "Iraq’s 2023 budget is expected to be its largest yet" [Guru] Nader...talks about them voting on their new budget… I am hearing we are expecting to get a rate with that vote. This is expected in the month of November. That is what I hear from my finance minister contacts over there.
11-12-2022 Intel Guru Frank26 Article: "Al-Sudani is preparing to launch a 'big reform project'..." [BOTH THE ECONOMIC & MONETARY REFORMS] "...for the economy". A PROGRAM RATE CANNOT DO THIS THAT'S WHY SUDANI TOLD THE IRAQI CITIZENS WE ARE ADDING VALUE TO YOUR
CURRENCY. Quote: "...this project works to...conduct banking reform that enables the agency to have correspondent banks abroad, adopt international standards in the field of banking reform..." THE INTERNATIONAL WORLD WILL NOT ACCEPT A PROGRAM RATE!
11-11-2022 Salesperson-Superstar Wanted Extremely lucrative and fun for the right person. Straight commission ($45,000 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 >>
11-11-2022 Newshound Guru Samson Article: "The Governor of the Central Bank of Iraq inaugurates a branch of the International Development Bank in Dubai" Quote: "We feel happy and proud when we see one of our banks occupy a position within the UAE banking sector after obtaining the confidence of the Central Bank of the United Arab Emirates,"
11-11-2022 Intel Guru MarkZ [via PDK] If it comes out at the NEER rate (Nominal Effective Exchange Rate) of $1.60 and floats. I would sure exchange some… It would be positive forward movement...it is totally up to the CBI when they release it.
11-11-2022 Intel Guru Bruce [via WiserNow] ...obviously, as we look back in hindsight, we have information that makes it look like we're not going to go this week, meaning through Saturday...We’re looking good but not for this week - I think we're looking good but it may take some political change for this to happen...
11-11-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-11-2022 Newshound Guru MilitiaMan Article: "Central Bank Governor: The current dollar price will be established for years and there is no intention to change it in any way" the CBI cleverly tells us they are to fix the exchange rate and it will be fixed for years...So in essence the CBI is telling us in my view that they have already changed the exchange rate and then they are going to fix the exchange rate and it will be fixed for years to come. We need them to do it and tell us.
11-11-2022 Newshound Guru Pimpy I'm trying to be realistic about this. Is the investing in Iraqi dinar a good investment? I think so. I think eventually it's going to go back up in value. I know...a lot of you...just want it to happen. I get it...
11-11-2022 Newshound/Intel Guru Walkingstick [via Frank26] The goal of Iraq is to de-dollarize Iraq...the market...the CBI...and the GOI. That is the goal of the exchange rate right now.
11-11-2022 Intel Guru MarkZ [via PDK] Very quiet overnight. Its easy to talk to sources…just no fresh news. There is nothing negative. [What happened to RV between the 8th and the 11th?] I am still expecting big things today…guess we will see...
11-11-2022 Intel Guru Frank26 Article: "A political bloc links the dollar exchange rate to the popularity of the Sudanese government" Quote: "...the restoration of the old exchange rate..." Old exchange rate? They're not talking about the one that they changed in December just of last year. That's the recent exchange rate that they changed [1190]. They're talking about the one that they changed 20 years ago [Over $1+]... Quote: "the restoration of the old exchange rate means a reduction in the value of
prices in the Iraqi markets." You think!
11-11-2022 Newshound Guru Samson Article: "A delegation from the Democratic Party visits Baghdad to resolve the two vacant ministries” Quote: "...a dispute between the two Kurdish parties prevented the completion of the nomination of candidates for the ministries of housing, construction and environment in the government of Muhammad Shia al-Sudani.."
11-11-2022 Intel Guru MarkZ [via PDK] Iraq is due to vote on their full blown budget on the 20th. It is expected they will have a new rate...then they have about 12-14 days for the new president to ratify the budget and to fully be in effect with that new rate. I believe they would not be broadcasting that date which appears to be in stone unless they are going to Revalue sooner…imo. This would allow to many to take advantage of it…so I don’t believe we will be waiting that long.
11-11-2022 Newshound Guru MilitiaMan Article: "Parliamentary calls for the government regarding the budget: boost revenues and reduce expenditures" There is clearly a push to get things off the ground now not later. IMO the 2022 budget has to be sorted prior to the 2023..the fixed exchange rate based off oil suggests they are further along than some may think...It will be one that enhances revenues and reduces expenses. They know as well as many do , the private sector is going to alleviate the reliance on just oil.
11-11-2022 Newshound Guru Pimpy Here we are in November already. You have the rest of November and all of December to try to pass a budget for 2023. We know that the draft is going to be put forward. Can they actually pass the draft before the end of the year? That would be important...is there going to be a rate change in there? You heard the Central Bank of Iraq saying that if you don't hear it from us then it's just a rumor.
11-11-2022 Newshound Guru Samson Article: "The Governor of the Central Bank of Iraq inaugurates a branch of the International Development Bank in Dubai" Quote: "We feel happy and proud when we see one of our banks occupy a position within the UAE banking sector after obtaining the confidence of the Central Bank of the United Arab Emirates,"
11-11-2022 Intel Guru MarkZ [via PDK] If it comes out at the NEER rate (Nominal Effective Exchange Rate) of $1.60 and floats. I would sure exchange some… It would be positive forward movement...it is totally up to the CBI when they release it.
11-11-2022 Intel Guru Bruce [via WiserNow] ...obviously, as we look back in hindsight, we have information that makes it look like we're not going to go this week, meaning through Saturday...We’re looking good but not for this week - I think we're looking good but it may take some political change for this to happen...
11-11-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-11-2022 Newshound Guru MilitiaMan Article: "Central Bank Governor: The current dollar price will be established for years and there is no intention to change it in any way" the CBI cleverly tells us they are to fix the exchange rate and it will be fixed for years...So in essence the CBI is telling us in my view that they have already changed the exchange rate and then they are going to fix the exchange rate and it will be fixed for years to come. We need them to do it and tell us.
11-11-2022 Newshound Guru Pimpy I'm trying to be realistic about this. Is the investing in Iraqi dinar a good investment? I think so. I think eventually it's going to go back up in value. I know...a lot of you...just want it to happen. I get it...
11-11-2022 Newshound/Intel Guru Walkingstick [via Frank26] The goal of Iraq is to de-dollarize Iraq...the market...the CBI...and the GOI. That is the goal of the exchange rate right now.
11-11-2022 Intel Guru MarkZ [via PDK] Very quiet overnight. Its easy to talk to sources…just no fresh news. There is nothing negative. [What happened to RV between the 8th and the 11th?] I am still expecting big things today…guess we will see...
11-11-2022 Intel Guru Frank26 Article: "A political bloc links the dollar exchange rate to the popularity of the Sudanese government" Quote: "...the restoration of the old exchange rate..." Old exchange rate? They're not talking about the one that they changed in December just of last year. That's the recent exchange rate that they changed [1190]. They're talking about the one that they changed 20 years ago [Over $1+]... Quote: "the restoration of the old exchange rate means a reduction in the value of
prices in the Iraqi markets." You think!
11-11-2022 Newshound Guru Samson Article: "A delegation from the Democratic Party visits Baghdad to resolve the two vacant ministries” Quote: "...a dispute between the two Kurdish parties prevented the completion of the nomination of candidates for the ministries of housing, construction and environment in the government of Muhammad Shia al-Sudani.."
11-11-2022 Intel Guru MarkZ [via PDK] Iraq is due to vote on their full blown budget on the 20th. It is expected they will have a new rate...then they have about 12-14 days for the new president to ratify the budget and to fully be in effect with that new rate. I believe they would not be broadcasting that date which appears to be in stone unless they are going to Revalue sooner…imo. This would allow to many to take advantage of it…so I don’t believe we will be waiting that long.
11-11-2022 Newshound Guru MilitiaMan Article: "Parliamentary calls for the government regarding the budget: boost revenues and reduce expenditures" There is clearly a push to get things off the ground now not later. IMO the 2022 budget has to be sorted prior to the 2023..the fixed exchange rate based off oil suggests they are further along than some may think...It will be one that enhances revenues and reduces expenses. They know as well as many do , the private sector is going to alleviate the reliance on just oil.
11-11-2022 Newshound Guru Pimpy Here we are in November already. You have the rest of November and all of December to try to pass a budget for 2023. We know that the draft is going to be put forward. Can they actually pass the draft before the end of the year? That would be important...is there going to be a rate change in there? You heard the Central Bank of Iraq saying that if you don't hear it from us then it's just a rumor.
11-10-2022 Salesperson-Superstar Wanted Extremely lucrative and fun for the right person. Straight commission ($45,000 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 >>
11-10-2022 Newshound Guru Jeff there's no way in hell Iraq will tell you they have plans to increase the exchange rate...You have to put this entire investment under a microscope and look at it very closely to see what their actions are and what they are doing because there's no way in hell they're going to tell you that they plan to adjust that exchange rate...Due to insider trading laws they will never tell you that they plan to increase the exchange rate.
11-10-2022 Intel Guru MarkZ “Iraq’s foreign cash reserves reach historic levels” They are in an excellent position. They are prepared and ready. They have done what they need to do. Now we wait for them to pull that trigger. We just need to stay calm and keep our eyes on the goal. They have told us this is going to happen. They have told us the “what”…now we need the “when”.
11-10-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-10-2022 Intel Guru Frank26 [There's an article...it says they're never ever going to change the exchange rate] Who's it from? Is it from the governor of the CBI? No. Then flush it...do you believe everything you google? Do you believe everything you read in print?
11-10-2022 Newshound Guru Kaperoni ...the fact is only with the success and growth of Iraq's economy can the dinar ever go up in value. And if the dinar ever does rise in value it will be gradually over time based on the success and growth of Iraq's economy via a float/market forces. That is how exchange rates are set,
11-10-2022 Newshound Guru Sandy Ingram The IQD rate only has to increase to .15 cents...for a $150,000 profit on one million dinars. The wealthy never ever spend...the foundation of their wealth. In your case this would be the profits from your Iraqi dinars...Wealthy people invest their initial profits. The [first] person they hire is a financial advisor. The second person they hire is a tax professional (that's me) to make sure Uncle Sam doesn't get large sums of their money. If you do anything else you are in the fast lane to going broke. [Note: Consult your tax advisor at the appropriate time to be sure you pay the right amount of taxes for you unique situation.]
11-10-2022 Newshound Guru Pimpy My inbox is being flooded with people asking me questions about the latest chit-chat about the budget including a new rate for the Iraq dinar...I'll repeat myself, when it comes to the Iraqi dinar exchange rate if it is in the budget just wait and see. Don't assume...that the rate is going to change for sure...we don't know what's going to happen. Let's wait till they make the announcement...
11-10-2022 Newshound Guru Jeff Article: "The Central Bank: Our reserves have reached $90 billion and there is no change in the exchange rate in the 2023 budget" Due to insider trading laws the Central Bank cannot and will not ever tell you they plans of increasing the exchange rate. They can't. They won't.
11-10-2022 Intel Guru MarkZ [via PDK] We are finally starting to get some news out of Iraq. “Advisor to the Prime Minister: The government plans to adopt international standards for banking reform” this is the biggest piece coming out of Iraq this week. For them to be on international standards…what are they going to need? They are going to need an internationally recognized currency that has some value.
11-10-2022 Newshound Guru Samson Article 1: "Central Bank Governor: The current dollar price will be established for years and there is no intention to change it in any way" Article 2: "Parliamentary Finance rules out a change in the value of the dinar against the dollar in the budget"
11-10-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All we hear and see is now about changing the exchange rate and heck even the World Bank representative is in an interview on television talking to us and saying Iraq needs to address the rate change.
11-10-2022 Newshound Guru MilitiaMan Article: "Economist : Reducing the dollar exchange rate is not / impossible / and the current time is suitable for monetary change" I like this one…it fits with the Finance in Ministry and Central Banks motivation and what they have done already. This man is suggesting the current time frame is not out of the question... they appear to have the calculations done and with the potentiality of being a radical change to improve the purchase power for the currency...
11-10-2022 Newshound Guru Jeff there's no way in hell Iraq will tell you they have plans to increase the exchange rate...You have to put this entire investment under a microscope and look at it very closely to see what their actions are and what they are doing because there's no way in hell they're going to tell you that they plan to adjust that exchange rate...Due to insider trading laws they will never tell you that they plan to increase the exchange rate.
11-10-2022 Intel Guru MarkZ “Iraq’s foreign cash reserves reach historic levels” They are in an excellent position. They are prepared and ready. They have done what they need to do. Now we wait for them to pull that trigger. We just need to stay calm and keep our eyes on the goal. They have told us this is going to happen. They have told us the “what”…now we need the “when”.
11-10-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-10-2022 Intel Guru Frank26 [There's an article...it says they're never ever going to change the exchange rate] Who's it from? Is it from the governor of the CBI? No. Then flush it...do you believe everything you google? Do you believe everything you read in print?
11-10-2022 Newshound Guru Kaperoni ...the fact is only with the success and growth of Iraq's economy can the dinar ever go up in value. And if the dinar ever does rise in value it will be gradually over time based on the success and growth of Iraq's economy via a float/market forces. That is how exchange rates are set,
11-10-2022 Newshound Guru Sandy Ingram The IQD rate only has to increase to .15 cents...for a $150,000 profit on one million dinars. The wealthy never ever spend...the foundation of their wealth. In your case this would be the profits from your Iraqi dinars...Wealthy people invest their initial profits. The [first] person they hire is a financial advisor. The second person they hire is a tax professional (that's me) to make sure Uncle Sam doesn't get large sums of their money. If you do anything else you are in the fast lane to going broke. [Note: Consult your tax advisor at the appropriate time to be sure you pay the right amount of taxes for you unique situation.]
11-10-2022 Newshound Guru Pimpy My inbox is being flooded with people asking me questions about the latest chit-chat about the budget including a new rate for the Iraq dinar...I'll repeat myself, when it comes to the Iraqi dinar exchange rate if it is in the budget just wait and see. Don't assume...that the rate is going to change for sure...we don't know what's going to happen. Let's wait till they make the announcement...
11-10-2022 Newshound Guru Jeff Article: "The Central Bank: Our reserves have reached $90 billion and there is no change in the exchange rate in the 2023 budget" Due to insider trading laws the Central Bank cannot and will not ever tell you they plans of increasing the exchange rate. They can't. They won't.
11-10-2022 Intel Guru MarkZ [via PDK] We are finally starting to get some news out of Iraq. “Advisor to the Prime Minister: The government plans to adopt international standards for banking reform” this is the biggest piece coming out of Iraq this week. For them to be on international standards…what are they going to need? They are going to need an internationally recognized currency that has some value.
11-10-2022 Newshound Guru Samson Article 1: "Central Bank Governor: The current dollar price will be established for years and there is no intention to change it in any way" Article 2: "Parliamentary Finance rules out a change in the value of the dinar against the dollar in the budget"
11-10-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All we hear and see is now about changing the exchange rate and heck even the World Bank representative is in an interview on television talking to us and saying Iraq needs to address the rate change.
11-10-2022 Newshound Guru MilitiaMan Article: "Economist : Reducing the dollar exchange rate is not / impossible / and the current time is suitable for monetary change" I like this one…it fits with the Finance in Ministry and Central Banks motivation and what they have done already. This man is suggesting the current time frame is not out of the question... they appear to have the calculations done and with the potentiality of being a radical change to improve the purchase power for the currency...
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11-9-2022 Newshound Guru Pimpy The people who are responsible for changing the exchange rate is the Central Bank of Iraq period. No ifs, ands or buts. They are the ones responsible for the direction of the exchange rate for the Iraqi dinar.
11-9-2022 Intel Guru Bruce [via WiserNow] ...we heard something today, from...one of our sources - it said they expected the emails to the bondholders to actually go out... Wednesday night into Thursday...These are the emails that we give them access to their funds...which...put us getting notified maybe Thursday morning...But one...very strong source said before afternoon Thursday...and of course Wells Fargo redemption center was talking about this week being anything from the 6th all the way through the 12th. I feel as though things are coming together for us finally...So I'm excited about it...
11-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The Kurds just got their last 2 positions agreed upon and all 22 cabinet positions are filled for Sudani. We have a full government we just have now to have it announced. FRANK I had no concerns whatsoever about the two missing political positions with the Kurds and now that they are official it seems the government is ready to be announced...
11-9-2022 Newshound Guru Jeff Article: "Al-Maliki Presents A Proposal To Reduce The Price Of The Dollar" Every time you hear the politicians talk they're telling you that they want the dollar exchange rate reduced a little bit closer to around 1200 which is where it was they devalued the currency - 1190. All these articles are untruthful BS.
11-9-2022 Newshound/Intel Guru Walkingstick [via Frank26] This is the beginning of a slew of article I told you would come out as the monetary reform was being shown. The education part is now moving much faster. Many things I told you are now in print. The education to the Iraqi citizens - it has now started at a much deeper level.
11-9-2022 Newshound Guru Sandy Ingram The Central Bank of Iraq did say foreign reserves are expected to increase to $90 billion U.S. dollars by the end of this year and this is due to the high level of income from the oil industry.
11-9-2022 Newshound Guru Pimpy Then they did it two days later. I'm not saying that Iraq is going to change the rate of the IQD. I'm just saying you got to understand why they won't just come out and tell you they're going to do it. You would get a lot of speculators jumping all over the Iraqi dinar. It'd be a bad situation. [Post 2 of 2]
11-9-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-9-2022 Newshound Guru Pimpy The Central Bank of Iraq has already warned people to stop paying attention to individuals who are talking about the change in the Iraqi exchange rate...stating they have no intentions to change it for 5 years. That's what they say. Quick reminder, when the Kuwait dinar was finally reinstated...they had told the world they were not going to reinstate the rate for quite a while. [Post 1 of 2....stay tuned]
11-9-2022 Intel Guru MarkZ [via PDK] We knew this would be a tumultuous week…sit back and do not panic. I believe this is the line in the concrete – not sand...Quiet overnight as expected. Nothing on the RV front...
11-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The parliament is putting pressure daily, coming on TV asking the CBI to make the rate change to curb inflation and help the citizens. FRANK: Isn't that amazing. We know the GOI and the CBI are working in cahoots together to bring forth the new exchange rate. But the GOI will not release the new government until we know the new exchange rate is ready to be released from the governor of the CBI...Once that happens all hell will break loose!
11-9-2022 Newshound Guru Samson Article: "Economist : Reducing the dollar exchange rate is not impossible and the current time is suitable for monetary change" Quote: "decreasing the exchange rate is not impossible, and this matter becomes a strategic option for monetary policy if the monetary reserve continues to rise...the current and next two years are the most appropriate time to bring about this monetary change."
11-9-2022 Newshound Guru Samson Article: "The Central Bank: Our reserves have reached $90 billion and there is no change in the exchange rate in the 2023 budget”
11-9-2022 Newshound/Intel Guru RVAlready From what I have seen of the news, Iraq will continue to lie about the RV. But, I think it will happen sooner, rather than later. I believe the RV and the budget are actually ready to go.
11-9-2022 Newshound Guru Pimpy The people who are responsible for changing the exchange rate is the Central Bank of Iraq period. No ifs, ands or buts. They are the ones responsible for the direction of the exchange rate for the Iraqi dinar.
11-9-2022 Intel Guru Bruce [via WiserNow] ...we heard something today, from...one of our sources - it said they expected the emails to the bondholders to actually go out... Wednesday night into Thursday...These are the emails that we give them access to their funds...which...put us getting notified maybe Thursday morning...But one...very strong source said before afternoon Thursday...and of course Wells Fargo redemption center was talking about this week being anything from the 6th all the way through the 12th. I feel as though things are coming together for us finally...So I'm excited about it...
11-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The Kurds just got their last 2 positions agreed upon and all 22 cabinet positions are filled for Sudani. We have a full government we just have now to have it announced. FRANK I had no concerns whatsoever about the two missing political positions with the Kurds and now that they are official it seems the government is ready to be announced...
11-9-2022 Newshound Guru Jeff Article: "Al-Maliki Presents A Proposal To Reduce The Price Of The Dollar" Every time you hear the politicians talk they're telling you that they want the dollar exchange rate reduced a little bit closer to around 1200 which is where it was they devalued the currency - 1190. All these articles are untruthful BS.
11-9-2022 Newshound/Intel Guru Walkingstick [via Frank26] This is the beginning of a slew of article I told you would come out as the monetary reform was being shown. The education part is now moving much faster. Many things I told you are now in print. The education to the Iraqi citizens - it has now started at a much deeper level.
11-9-2022 Newshound Guru Sandy Ingram The Central Bank of Iraq did say foreign reserves are expected to increase to $90 billion U.S. dollars by the end of this year and this is due to the high level of income from the oil industry.
11-9-2022 Newshound Guru Pimpy Then they did it two days later. I'm not saying that Iraq is going to change the rate of the IQD. I'm just saying you got to understand why they won't just come out and tell you they're going to do it. You would get a lot of speculators jumping all over the Iraqi dinar. It'd be a bad situation. [Post 2 of 2]
11-9-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-9-2022 Newshound Guru Pimpy The Central Bank of Iraq has already warned people to stop paying attention to individuals who are talking about the change in the Iraqi exchange rate...stating they have no intentions to change it for 5 years. That's what they say. Quick reminder, when the Kuwait dinar was finally reinstated...they had told the world they were not going to reinstate the rate for quite a while. [Post 1 of 2....stay tuned]
11-9-2022 Intel Guru MarkZ [via PDK] We knew this would be a tumultuous week…sit back and do not panic. I believe this is the line in the concrete – not sand...Quiet overnight as expected. Nothing on the RV front...
11-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The parliament is putting pressure daily, coming on TV asking the CBI to make the rate change to curb inflation and help the citizens. FRANK: Isn't that amazing. We know the GOI and the CBI are working in cahoots together to bring forth the new exchange rate. But the GOI will not release the new government until we know the new exchange rate is ready to be released from the governor of the CBI...Once that happens all hell will break loose!
11-9-2022 Newshound Guru Samson Article: "Economist : Reducing the dollar exchange rate is not impossible and the current time is suitable for monetary change" Quote: "decreasing the exchange rate is not impossible, and this matter becomes a strategic option for monetary policy if the monetary reserve continues to rise...the current and next two years are the most appropriate time to bring about this monetary change."
11-9-2022 Newshound Guru Samson Article: "The Central Bank: Our reserves have reached $90 billion and there is no change in the exchange rate in the 2023 budget”
11-9-2022 Newshound/Intel Guru RVAlready From what I have seen of the news, Iraq will continue to lie about the RV. But, I think it will happen sooner, rather than later. I believe the RV and the budget are actually ready to go.
11-8-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-8-2022 Guru Nader From The Mid East I think they're going to put it 1 to 1. I don't think they're gonna put it 1200 or 1350. When I don't know...the exchange rate they're gonna change. When? I don't know...Me, I'm targeting 2023. If they do it before, good for them and good for us. I wish they could do it before...it's a waiting game...when they stop selling dinar for a couple of days all over the world, you know that money is gonna switch...
11-8-2022 Newshound Guru Sandy Ingram Article: "Iraq plans to produce cars locally in partnership with Egypt". Iraq is following in the recommendation of the IMF and creating streams of income outside of the oil industry...
11-8-2022 Newshound Guru Kaperoni Iraq will follow the directives of the IMF. And the IMF made it very clear several years ago about the dinar gradually appreciating over time based on the economic success. This is the path Iraq will take.
11-8-2022 Newshound Guru Pimpy Article: "Al-Eqabi: The 2023 budget will be explosive...and reveals the reason for Al-Najjar's resignation" Here's the talk of the town...we know they have a huge surplus...by the end of this year and next year they should have...about $200 billion dollars to do whatever it is they need to do to help rebuild Iraq. They should have an explosive budget...it appears they're going to change the exchange rate. I'm not expecting any huge jump...but any positive step is welcomed of course...
11-8-2022 Intel Guru MarkZ [via PDK] ...it is dead silent from all my sources from paymasters , bankers, redemption centers…you name it. Right now it seems all eyes are on today’s election outcomes.
11-8-2022 Newshound Guru Jeff Iraq cannot and is not even eligible to revalue the currency in the middle of a budget period. Iraq had a brad new budget period that started October 1st which is their 7th month. It's the second half of the year.
11-8-2022 Newshound Guru Samson Article: "Economic Center: The 2023 budget is the largest in Iraq's history... offset by a significant increase in prices"
11-8-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-8-2022 Intel Guru Frank26 Article: "Al-Eqabi: The 2023 budget will be explosive and reveals the reason for Al-Najjar's resignation" Ka-Boom! What we told you 'IOO' is now a standing ovation...The education of the monetary reform told the citizens in explosive details! Quote: "After changing the exchange rate, the 2023 budget is sure to be explosive and we expect it's actual revenue to reach $120 billion dollars..." By the way a program rate is not an explosion!
11-8-2022 Newshound Guru Pimpy Question: "Can the Iraqi dinar reach an exchange rate of $3.22?" Of course it could. But there's a lot of things they're going to have to take place in order for that rate change to actually happen...I don't see the Iraqi dinar going up in one huge jump...As the economy recovers and their infrastructure starts to rebuild you'll see it probably go up in smaller increments, not all at one time.
Click here to learn more >>
11-8-2022 Guru Nader From The Mid East I think they're going to put it 1 to 1. I don't think they're gonna put it 1200 or 1350. When I don't know...the exchange rate they're gonna change. When? I don't know...Me, I'm targeting 2023. If they do it before, good for them and good for us. I wish they could do it before...it's a waiting game...when they stop selling dinar for a couple of days all over the world, you know that money is gonna switch...
11-8-2022 Newshound Guru Sandy Ingram Article: "Iraq plans to produce cars locally in partnership with Egypt". Iraq is following in the recommendation of the IMF and creating streams of income outside of the oil industry...
11-8-2022 Newshound Guru Kaperoni Iraq will follow the directives of the IMF. And the IMF made it very clear several years ago about the dinar gradually appreciating over time based on the economic success. This is the path Iraq will take.
11-8-2022 Newshound Guru Pimpy Article: "Al-Eqabi: The 2023 budget will be explosive...and reveals the reason for Al-Najjar's resignation" Here's the talk of the town...we know they have a huge surplus...by the end of this year and next year they should have...about $200 billion dollars to do whatever it is they need to do to help rebuild Iraq. They should have an explosive budget...it appears they're going to change the exchange rate. I'm not expecting any huge jump...but any positive step is welcomed of course...
11-8-2022 Intel Guru MarkZ [via PDK] ...it is dead silent from all my sources from paymasters , bankers, redemption centers…you name it. Right now it seems all eyes are on today’s election outcomes.
11-8-2022 Newshound Guru Jeff Iraq cannot and is not even eligible to revalue the currency in the middle of a budget period. Iraq had a brad new budget period that started October 1st which is their 7th month. It's the second half of the year.
11-8-2022 Newshound Guru Samson Article: "Economic Center: The 2023 budget is the largest in Iraq's history... offset by a significant increase in prices"
11-8-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-8-2022 Intel Guru Frank26 Article: "Al-Eqabi: The 2023 budget will be explosive and reveals the reason for Al-Najjar's resignation" Ka-Boom! What we told you 'IOO' is now a standing ovation...The education of the monetary reform told the citizens in explosive details! Quote: "After changing the exchange rate, the 2023 budget is sure to be explosive and we expect it's actual revenue to reach $120 billion dollars..." By the way a program rate is not an explosion!
11-8-2022 Newshound Guru Pimpy Question: "Can the Iraqi dinar reach an exchange rate of $3.22?" Of course it could. But there's a lot of things they're going to have to take place in order for that rate change to actually happen...I don't see the Iraqi dinar going up in one huge jump...As the economy recovers and their infrastructure starts to rebuild you'll see it probably go up in smaller increments, not all at one time.
11-7-2022 Intel Guru MarkZ [via PDK] I wish I had something for you guys on the RV front…but the news is just not out there...it was quiet today…just as we expected. My guess is the news will pick up pretty heavy by Wed. I think all eyes are on tomorrow.
11-7-2022 Intel Guru Frank26 Article: "Announcement of a tender for the supply of currency counting and sorting machines". FAMILY THE CBI DOES THIS YEARLY BUT THIS TIME IMO FOR A NEW NSCN.
11-7-2022 Free Money 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 qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-7-2022 Newshound Guru Jeff Article: "Parliamentary Finance clarifies the return of the dollar exchange rate" Quote: "the exchange rate will continue without any change at least during the next year." ...None of this is truth. This is all just hot air and BS...
11-7-2022 Newshound Guru MilitiaMan Article: "Planning announces the start of preparing the 2023 budget" They say there will be many considerations, including changing the "situation and the government". Those two items are clearly CBI and GOI related...They will adjust the figures in the budget to reflect exchange rate changes, fairly simple...The expectation is that according to data will not be long from now.. Imo... I really like the data they are putting out to support this view.. A lot!
11-7-2022 Newshound Guru Pimpy Like most elections everybody talks a good talk but not very many people could walk the walk...I'm still impressed with the fact that they are not interested in making Maliki the Vice President. I'm not sure if they're just going to shut him out altogether that remains to be seen and it appears...al-Sadini does not plan on changing the path away from the white papers but instead continue to follow down that path. Let's keep our fingers crossed and see how everything works out...
11-7-2022 Intel Guru MarkZ [via PDK] Quiet on the RV and bond front. In an Article this weekend. “The new Iraqi government will seek legitimacy through populist policies” What is the most populist policy in iraq? The restoration of the dinar value. They want their value back...
11-7-2022 Guru Nader From The Mid East Latest news, the dinar sales gone down since 2 years. It's getting good...I think a lot of news is going to come out this week.
11-7-2022 Newshound Guru Sandy Ingram Article: "Iraqi parliament to 'devalue dollar-dinar exchange rate' to control rising prices" The Iraqi parliament is pushing the Central Bank of Iraq to revalue the U.S. dollar to curb inflation. So far the Central Bank of Iraq has said nothing.
11-7-2022 Newshound Guru Samson Article: "Iraq is the largest purchaser of gold in the second quarter of 2022". Iraq is the country that is the largest purchaser of the yellow metal for the second quarter of 2022, while maintaining its 30th rank in the world among the largest countries in possession of gold reserves...
11-7-2022 Intel Guru Frank26 Question: [Why are bankers saying revalue this week? Do you not agree?] I don't know any bankers that are saying they are going to revalue anything this week...Bankers are very very anal. They are very stoic. They are very centered. You go up and ask, Well's Fargo - "No." ...that's their policy they will never say anything. If they telegraph the whole bank gets shut down. Ask Martha Stewart.
11-7-2022 Intel Guru MarkZ [via PDK] [The GOI has no say in the exchange rate…strictly CBI.] Yes… In iraq…minister after minister have told us that…Its up to the CBI now.
11-7-2022 Newshound/Intel Guru Mnt Goat I am seeing a trend here is the recent many articles about this 2023 budget issue. They keep talking in the same articles about also the dinar and changing the exchange rate. Could this be they want to budget in the cost of doing the project to delete the zeros and then reinstate it? They will have to move with urgency to meet the January target for the best time to RV. By the way the December 2020 devaluation did not occur until January of 2021. They only approved the devaluation in December. So go figure. They took the best window of time to do it, as the CBI has said all along that January is the best time for accounting reasons.
11-7-2022 Intel Guru Frank26 Article: "Announcement of a tender for the supply of currency counting and sorting machines". FAMILY THE CBI DOES THIS YEARLY BUT THIS TIME IMO FOR A NEW NSCN.
11-7-2022 Free Money 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 qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-7-2022 Newshound Guru Jeff Article: "Parliamentary Finance clarifies the return of the dollar exchange rate" Quote: "the exchange rate will continue without any change at least during the next year." ...None of this is truth. This is all just hot air and BS...
11-7-2022 Newshound Guru MilitiaMan Article: "Planning announces the start of preparing the 2023 budget" They say there will be many considerations, including changing the "situation and the government". Those two items are clearly CBI and GOI related...They will adjust the figures in the budget to reflect exchange rate changes, fairly simple...The expectation is that according to data will not be long from now.. Imo... I really like the data they are putting out to support this view.. A lot!
11-7-2022 Newshound Guru Pimpy Like most elections everybody talks a good talk but not very many people could walk the walk...I'm still impressed with the fact that they are not interested in making Maliki the Vice President. I'm not sure if they're just going to shut him out altogether that remains to be seen and it appears...al-Sadini does not plan on changing the path away from the white papers but instead continue to follow down that path. Let's keep our fingers crossed and see how everything works out...
11-7-2022 Intel Guru MarkZ [via PDK] Quiet on the RV and bond front. In an Article this weekend. “The new Iraqi government will seek legitimacy through populist policies” What is the most populist policy in iraq? The restoration of the dinar value. They want their value back...
11-7-2022 Guru Nader From The Mid East Latest news, the dinar sales gone down since 2 years. It's getting good...I think a lot of news is going to come out this week.
11-7-2022 Newshound Guru Sandy Ingram Article: "Iraqi parliament to 'devalue dollar-dinar exchange rate' to control rising prices" The Iraqi parliament is pushing the Central Bank of Iraq to revalue the U.S. dollar to curb inflation. So far the Central Bank of Iraq has said nothing.
11-7-2022 Newshound Guru Samson Article: "Iraq is the largest purchaser of gold in the second quarter of 2022". Iraq is the country that is the largest purchaser of the yellow metal for the second quarter of 2022, while maintaining its 30th rank in the world among the largest countries in possession of gold reserves...
11-7-2022 Intel Guru Frank26 Question: [Why are bankers saying revalue this week? Do you not agree?] I don't know any bankers that are saying they are going to revalue anything this week...Bankers are very very anal. They are very stoic. They are very centered. You go up and ask, Well's Fargo - "No." ...that's their policy they will never say anything. If they telegraph the whole bank gets shut down. Ask Martha Stewart.
11-7-2022 Intel Guru MarkZ [via PDK] [The GOI has no say in the exchange rate…strictly CBI.] Yes… In iraq…minister after minister have told us that…Its up to the CBI now.
11-7-2022 Newshound/Intel Guru Mnt Goat I am seeing a trend here is the recent many articles about this 2023 budget issue. They keep talking in the same articles about also the dinar and changing the exchange rate. Could this be they want to budget in the cost of doing the project to delete the zeros and then reinstate it? They will have to move with urgency to meet the January target for the best time to RV. By the way the December 2020 devaluation did not occur until January of 2021. They only approved the devaluation in December. So go figure. They took the best window of time to do it, as the CBI has said all along that January is the best time for accounting reasons.
11-6-2022 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 5 to 500+ employees qualify - even if they’ve taken money in the past! Time is of the essence.
Click here to learn more >>
11-6-2022 Newshound Guru Pimpy A 4000% increase in value of a currency overnight is unrealistic. No currency has ever jumped up that high, that quick. You're more likely to see it happen in increments. I don't want you guys to get discouraged. I'm not saying that it won't get up in value. I'm not saying that it'll never reach $3.22. But this is not going to happen overnight. It'll be in a progressive manner.
11-6-2022 Newshound Guru Samson Article: "Al-Maliki's proposal to reduce the exchange rate turns into a popular demand, and the Sudanese are facing the test of implementation"
11-6-2022 Newshound Guru MilitiaMan Article: "Deputy Ali Al-Mashkoor: There is a ready-made version of the budget that needs amendments only" There is a ready-made copy of the 2022 budget I suspect. The oil and gas law is not a new law. If not mistaken the EFSL has this covered for and in the year 2022. It only needs amendments not new law(s). Timing is of the essence it appears as there will be great loss. Regardless of easy or not the private sector and the citizens want the exchange rate to be an international one.
11-6-2022 Intel Guru Frank26 Article: "A sudden drop in the dollar exchange rate in Erbil" 2 WEEKS AGO THE DOLLAR EXCHANGE RATE DROPPED IN IRAQ THEN LAST WEEK WE HAVE ANOTHER ARTICLE WHERE IT DROPPED AGAIN AND NOW THIS WEEK WHERE ONCE AGAIN THE RATE HAS DROPPED...THIS IS CALLED A GRADUAL REDUCTION. TA DA"
11-6-2022 Newshound Guru Pimpy They've [Iraq] come a long ways. They're out of Chapter VII...they have $90 billion in foreign reserve assets... 132 tons of gold. They're doing all the things all the things necessary just to protect the current let alone increase the rate. Give it a little time. It'll happen as long as they continue down the right path...
11-6-2022 Newshound Guru Breitling With the dinar, whether it revalues soon or whether it revalues later it doesn't matter...it's super important that you understand this. People have been sitting on the dinar and just sitting ...that's completely wrong...don't get locked up in one type of investment ...I'm always involved in something new...If you try to make money in one area and you don't expand, something is going to come along and eat it up. Whether it's health problems or a myriad of things coming down the road that can mess with you. That's why you can't stop...
11-6-2022 Guru Nader From The Mid East [Looking at the dinar exchange rate chart on google] It's been since December last year I didn't see this line [exchange rate line going upward]. I'm excited about it. Something is happening. It's weird because no news today for the Iraqi dinar says that, 'the Iraqi dinar is going up'?
11-6-2022 Newshound/Intel Guru Mnt Goat ...almost all the articles today in the news are about changing the exchange rate of the dollar thus the dinar to coincide...Yes, there are 8 articles on the subject matter...we read comments and opinions about changing the rate of the dinar from the World Bank, the economic expert, Jalil Al-Lami, the State of Law Muhammad Al-Shammari, the representative of the Al-Fateh Alliance, Salem Al-Anbaki and the Prime Minister Muhammad Shiaa Al-Sudani himself, who directed all ministers to prepare and present the government budget program within a week, indicating that changing the dollar exchange rate is a prerogative of the Central Bank.
11-6-2022 Intel Guru MarkZ [via PDK] [If Kuwaits rate is $3+…wouldn’t Iraq’s be similar?] I think Kuwaits rate is around $3.35 and yes…they want it close to parity in the region for stability.
Click here to learn more >>
11-6-2022 Newshound Guru Pimpy A 4000% increase in value of a currency overnight is unrealistic. No currency has ever jumped up that high, that quick. You're more likely to see it happen in increments. I don't want you guys to get discouraged. I'm not saying that it won't get up in value. I'm not saying that it'll never reach $3.22. But this is not going to happen overnight. It'll be in a progressive manner.
11-6-2022 Newshound Guru Samson Article: "Al-Maliki's proposal to reduce the exchange rate turns into a popular demand, and the Sudanese are facing the test of implementation"
11-6-2022 Newshound Guru MilitiaMan Article: "Deputy Ali Al-Mashkoor: There is a ready-made version of the budget that needs amendments only" There is a ready-made copy of the 2022 budget I suspect. The oil and gas law is not a new law. If not mistaken the EFSL has this covered for and in the year 2022. It only needs amendments not new law(s). Timing is of the essence it appears as there will be great loss. Regardless of easy or not the private sector and the citizens want the exchange rate to be an international one.
11-6-2022 Intel Guru Frank26 Article: "A sudden drop in the dollar exchange rate in Erbil" 2 WEEKS AGO THE DOLLAR EXCHANGE RATE DROPPED IN IRAQ THEN LAST WEEK WE HAVE ANOTHER ARTICLE WHERE IT DROPPED AGAIN AND NOW THIS WEEK WHERE ONCE AGAIN THE RATE HAS DROPPED...THIS IS CALLED A GRADUAL REDUCTION. TA DA"
11-6-2022 Newshound Guru Pimpy They've [Iraq] come a long ways. They're out of Chapter VII...they have $90 billion in foreign reserve assets... 132 tons of gold. They're doing all the things all the things necessary just to protect the current let alone increase the rate. Give it a little time. It'll happen as long as they continue down the right path...
11-6-2022 Newshound Guru Breitling With the dinar, whether it revalues soon or whether it revalues later it doesn't matter...it's super important that you understand this. People have been sitting on the dinar and just sitting ...that's completely wrong...don't get locked up in one type of investment ...I'm always involved in something new...If you try to make money in one area and you don't expand, something is going to come along and eat it up. Whether it's health problems or a myriad of things coming down the road that can mess with you. That's why you can't stop...
11-6-2022 Guru Nader From The Mid East [Looking at the dinar exchange rate chart on google] It's been since December last year I didn't see this line [exchange rate line going upward]. I'm excited about it. Something is happening. It's weird because no news today for the Iraqi dinar says that, 'the Iraqi dinar is going up'?
11-6-2022 Newshound/Intel Guru Mnt Goat ...almost all the articles today in the news are about changing the exchange rate of the dollar thus the dinar to coincide...Yes, there are 8 articles on the subject matter...we read comments and opinions about changing the rate of the dinar from the World Bank, the economic expert, Jalil Al-Lami, the State of Law Muhammad Al-Shammari, the representative of the Al-Fateh Alliance, Salem Al-Anbaki and the Prime Minister Muhammad Shiaa Al-Sudani himself, who directed all ministers to prepare and present the government budget program within a week, indicating that changing the dollar exchange rate is a prerogative of the Central Bank.
11-6-2022 Intel Guru MarkZ [via PDK] [If Kuwaits rate is $3+…wouldn’t Iraq’s be similar?] I think Kuwaits rate is around $3.35 and yes…they want it close to parity in the region for stability.
11-5-2022 Newshound Guru Pimpy Once again they are talking about changing the exchange rate. The interesting thing...is the back and forth about whether or not they're going to do it...Sadr as...the Coordinating Framework...[made] promises to do something about the exchange rate if they control the government. But we do know the decision is not up to the Iraqi government. It's up to the Central Bank of Iraq to make those decision.
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11-5-2022 Newshound Guru Militiaman Article: "An economist shows the period needed to restore the exchange rate.. These are its effects" This guy seems to be on a different planet.. 5 years? lol For crying out loud the CBI has already paid for the currency for the GOI to issue once ready, back in 2018.. The focus here is the policy of the government. It is their baby in sync with the independent CBI.
11-5-2022 Intel Guru MarkZ [via PDK] Most of us are still looking from the 8th until the 11th. Banking sources still think this is our weekend to early in the week... Checked in with Redemption Center contacts…dead quiet. They are on call with nothing to tell. Nothing overnight on the Iraq front. We know they sat their cabinets. We know they sat their ministers and it is now up to the CBI..
11-5-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: Sudani cabinet all are good. No bad apples. FRANK: the citizens of Iraq love every one of the cabinets that are in the government of Iraq right now..
11-5-2022 Newshound/Intel Guru Mnt Goat Article: "IS IT TIME TO CHANGE THE EXCHANGE RATE?" Quote: "...go to the program to delete the three zeros so that the dinar became a respectable and strong currency and an actual strategic and national stockpile that is better than the dollar and gold together." Alleluia! Alleluia! Yes, this...is exactly what we want to hear. I do not think they will ever tell us directly they will reinstate the dinar but we know if they do the project to delete the zeros they will have to reinstate it. Plus the CBI told us this is the next step way back in 2011 when the told us the overall process of how to get the dinar back to FOREX. By the way this is the second article already in a week that they mentioned the project to delete the zeros….
11-5-2022 Guru Nader From The Mid East Article: "Iraqi Prime Minister has reportedly told a press conference that his government intends to increase the value fo the Iraqi dinar (IQD) against the U.S. dollar." 1450 is making fun of us...
11-5-2022 Newshound Guru Pimpy It's getting interesting over there in Iraq. The fact that these people I thought for sure would do whatever it is that Maliki wanted seem to be resisting anything that Maliki wants...
11-5-2022 Newshound Guru Militiaman Article: "The Iraqi president refuses to accept Al-Maliki as his deputy, and the Sudanese is keeping the security institutions away from the control of the militias." This is a welcome sight to behold...suggests that the PM Sudani is playing the line that was drawn in the sand by Al-Sadr...The GOI has forward movement and an agenda likely with timelines to be complete and along side and in tandem with the CBI...lets see how the GOI and the CBI play their cards.
11-5-2022 Intel Guru Frank26 Article: "Al-Sudani resolves the position on the re-change of the dollar exchange rate and calls the term “corruption pandemic” Quote: "And on the financial budget for 2023, the Prime Minister announced that he "directed all ministries today to prepare the 2023 budget and determine its priorities, as we are keen to present the budget as soon as possible." WHICH ALSO MEANS PRESENTING THE NEW EXCHANGE RATE AS SOON AS POSSIBLE.
11-5-2022 Newshound Guru Samson Article: "Parliamentary Finance clarifies the return of the dollar exchange rate" Quote: "A member of the Parliamentary Finance Committee, Jamal Kougar, explained, today, Friday, that changing the dollar exchange rate is related to the decisions of the Central Bank, pointing out that the bank has assurances that the exchange rate will continue without any change, at least during the next year."
11-5-2022 Intel Guru MarkZ [via PDK] [Was it this quiet in Kuwait before they RV’d?] Yes. Absolutely it was this quiet and it had just this much conflicting information. In fact early that morning their national newspaper came out and said they would not be ready for 9 months to 3 years to RV. …Then it revalued that same day. Member comment: I was in country at the time and they told us 6 months to 3 yrs before they would be able to raise the rate. At around 10-10:30 they started exchanging at the new rate.
11-5-2022 Newshound Guru Petra One is curious about all the subterfuge going on the last 3-4 days. How many times does a country have to "defend" in one aspect the fact they are "not" going to change the exchange rate....and then, we see articles coming out from within Iraq that this is the very move that needs to be made. Couple that with the input from the WB/IMF and other agencies telling the country to move forward and open themselves up for partnership, investment, and international business. It doesn't get clearer when one of your largest trading partners (Jordan) opens up a bank down the street.
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11-5-2022 Newshound Guru Militiaman Article: "An economist shows the period needed to restore the exchange rate.. These are its effects" This guy seems to be on a different planet.. 5 years? lol For crying out loud the CBI has already paid for the currency for the GOI to issue once ready, back in 2018.. The focus here is the policy of the government. It is their baby in sync with the independent CBI.
11-5-2022 Intel Guru MarkZ [via PDK] Most of us are still looking from the 8th until the 11th. Banking sources still think this is our weekend to early in the week... Checked in with Redemption Center contacts…dead quiet. They are on call with nothing to tell. Nothing overnight on the Iraq front. We know they sat their cabinets. We know they sat their ministers and it is now up to the CBI..
11-5-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: Sudani cabinet all are good. No bad apples. FRANK: the citizens of Iraq love every one of the cabinets that are in the government of Iraq right now..
11-5-2022 Newshound/Intel Guru Mnt Goat Article: "IS IT TIME TO CHANGE THE EXCHANGE RATE?" Quote: "...go to the program to delete the three zeros so that the dinar became a respectable and strong currency and an actual strategic and national stockpile that is better than the dollar and gold together." Alleluia! Alleluia! Yes, this...is exactly what we want to hear. I do not think they will ever tell us directly they will reinstate the dinar but we know if they do the project to delete the zeros they will have to reinstate it. Plus the CBI told us this is the next step way back in 2011 when the told us the overall process of how to get the dinar back to FOREX. By the way this is the second article already in a week that they mentioned the project to delete the zeros….
11-5-2022 Guru Nader From The Mid East Article: "Iraqi Prime Minister has reportedly told a press conference that his government intends to increase the value fo the Iraqi dinar (IQD) against the U.S. dollar." 1450 is making fun of us...
11-5-2022 Newshound Guru Pimpy It's getting interesting over there in Iraq. The fact that these people I thought for sure would do whatever it is that Maliki wanted seem to be resisting anything that Maliki wants...
11-5-2022 Newshound Guru Militiaman Article: "The Iraqi president refuses to accept Al-Maliki as his deputy, and the Sudanese is keeping the security institutions away from the control of the militias." This is a welcome sight to behold...suggests that the PM Sudani is playing the line that was drawn in the sand by Al-Sadr...The GOI has forward movement and an agenda likely with timelines to be complete and along side and in tandem with the CBI...lets see how the GOI and the CBI play their cards.
11-5-2022 Intel Guru Frank26 Article: "Al-Sudani resolves the position on the re-change of the dollar exchange rate and calls the term “corruption pandemic” Quote: "And on the financial budget for 2023, the Prime Minister announced that he "directed all ministries today to prepare the 2023 budget and determine its priorities, as we are keen to present the budget as soon as possible." WHICH ALSO MEANS PRESENTING THE NEW EXCHANGE RATE AS SOON AS POSSIBLE.
11-5-2022 Newshound Guru Samson Article: "Parliamentary Finance clarifies the return of the dollar exchange rate" Quote: "A member of the Parliamentary Finance Committee, Jamal Kougar, explained, today, Friday, that changing the dollar exchange rate is related to the decisions of the Central Bank, pointing out that the bank has assurances that the exchange rate will continue without any change, at least during the next year."
11-5-2022 Intel Guru MarkZ [via PDK] [Was it this quiet in Kuwait before they RV’d?] Yes. Absolutely it was this quiet and it had just this much conflicting information. In fact early that morning their national newspaper came out and said they would not be ready for 9 months to 3 years to RV. …Then it revalued that same day. Member comment: I was in country at the time and they told us 6 months to 3 yrs before they would be able to raise the rate. At around 10-10:30 they started exchanging at the new rate.
11-5-2022 Newshound Guru Petra One is curious about all the subterfuge going on the last 3-4 days. How many times does a country have to "defend" in one aspect the fact they are "not" going to change the exchange rate....and then, we see articles coming out from within Iraq that this is the very move that needs to be made. Couple that with the input from the WB/IMF and other agencies telling the country to move forward and open themselves up for partnership, investment, and international business. It doesn't get clearer when one of your largest trading partners (Jordan) opens up a bank down the street.
11-4-2022 Newshound Guru MilitiaMan Article: "Saleh Al-Hamashi : Next year's budget may exceed 170 trillion dinars" Let's say the government acts on Article 110 of the constitution and if they drop 3 zeros from the exchange rate the ratio becomes very interesting. It gets much closer to a 1:1 ratio than it is now be sure. I could be off, but, it sure looks interesting.
11-4-2022 Intel Guru Frank26 Article: "Al-Sudani resolves the position on the re-change of the dollar exchange rate and calls the term “corruption pandemic” Quote: "The Prime Minister, Muhammad Shia Al-Sudani, has identified the Central Bank of Iraq as the only concerned party in changing or restoring the dollar exchange rate." THIS POST IS FROM THE AUTHORITY THE PRIME MINISTER SUDANI & FROM THE POWER OF THE CBI TO CHANGE THE EXCHANGE RATE.
11-4-2022 Intel Guru MarkZ [via PDK] We seem to be in a holding pattern waiting for something to happen. Redemption center folks are on call...They are hearing much chatter of them working very long days ahead. I believe they are trying to quiet speculation. We know it will revalue…It is inevitable.
11-4-2022 Newshound Guru Pimpy Article: "The secret of the Sudanese government's retreat from changing the exchange rate of Iraqi dinar" Sudanese made a promise to the people that he would...change the exchange rate...now all of a sudden he appears to be backpedaling just a little bit. Quote: "Sudani confirmed...Tuesday that the decision to change the exchange rate of the Iraqi dinar against a dollar is a prerogative of the Central Bank and we are committed to implementing what the Central Bank deems appropriate."
11-4-2022 Intel Guru Bruce [via WiserNow] Possibly we get notified by Sunday and we exchange starting Monday or Tuesday. It’s hard to say - It's not absolute. We've got a little window here...We believe Iraq has done what they said they would do - their holding back the Iraqi dinar rate here in this country until we start...We're all set. We're ready to start. We just want this trigger to come forward for us.
11-4-2022 Guru Nader From The Mid East You see all what's going on with the exchange rate...they took it down, they can easily reinstate it and the economy will not be touched...especially now...it's booming in Iraq. It's nice you can get money left and right...
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The latest guru post continue below...
11-4-2022 Newshound Guru Breitling Watch Iraq. It's very positive. It's going to happen...but you need to be making money in other areas because we can't control the date. I think a lot of people don't listen to that advice...Iraq is very positive. I'm not getting out...I haven't heard anything negative to this day, seen anything that going to stop them from a revalue.
11-4-2022 Intel Guru MarkZ [via PDK] Still hearing positive things for this upcoming week...Iraq has been very crystal clear...that the value of the dinar will be going up in the near future. They told us they are going to raise it. The question is how much they are going to raise it and how soon. Will it go from 1450 to 1200 and floating…or will it be the Nominal Effective Exchange Rate of 1 to 1 or $1.60…. I am still hearing from my sources in Iraq that they will not do 1 to 1 but if they do the NEER rate it will be $1.60 and float up. We know the rate will be going up. Their politicians have told us this…thier banks have told us this. The UN has told us this…. The question is when and how much.
11-4-2022 Newshound Guru MilitiaMan ...With the World Bank, IMF, UN, USA, etc, giving the green light of support we could say that the time is now...The CBI has nothing but good reserves, gold reserves, high oil pricing, taxes and tariffs are electronic as is more and more of the Government, inflation under control and the green light.. Looks like a perfect storm for an RI...
11-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani made a speech...it's the soul responsibility of the CBI he told us. He looked right at us and he said it's the soul responsibility of the CBI for the exchange rate to be changed. He's talking about a change in the exchange rate. Yesterday they told us they were going to add value and parliament will do their part on the budget law to present as soon as possible. They are moving quickly...
11-4-2022 Newshound Guru Pimpy [The dinar] was around 1199 for every dollar. They changed it to 1450 dinars for every dollar. Now Maliki is talking about changing it to 1375. That's about halfway between where it is now and where it was before. Keep in mind Maliki is involved in the currency auctions and he makes millions off it. So an increase in the dinar against a dollar helps him with his little scheme of making money off the currency auctions...
11-4-2022 Intel Guru MarkZ [via PDK] [ (Guru) Nader said...that when the dinar selling stops…the RV/Ri will happen.] He is right…but it’s my opinion…and the opinion in the Iraq finance ministry that you will see a complete stoppage …but not until moments before…or at the exact moment the RV goes. We are not going to get that much of a warning. The IMF and The UN says it’s now up to Iraq to pull that trigger.
11-4-2022 Newshound Guru Sandy Ingram The new prime minister of Iraq said the following on Tuesday, Its government with the help of the Central Bank of Iraq will do is best to increase the price of the Iraq dinar against the U.S. dollar. Article: "Iraqi premier to raise Iraqi dinar value" He did not say what the revalue would be.
11-4-2022 Intel Guru Frank26 Article: "Al-Sudani resolves the position on the re-change of the dollar exchange rate and calls the term “corruption pandemic” Quote: "The Prime Minister, Muhammad Shia Al-Sudani, has identified the Central Bank of Iraq as the only concerned party in changing or restoring the dollar exchange rate." THIS POST IS FROM THE AUTHORITY THE PRIME MINISTER SUDANI & FROM THE POWER OF THE CBI TO CHANGE THE EXCHANGE RATE.
11-4-2022 Intel Guru MarkZ [via PDK] We seem to be in a holding pattern waiting for something to happen. Redemption center folks are on call...They are hearing much chatter of them working very long days ahead. I believe they are trying to quiet speculation. We know it will revalue…It is inevitable.
11-4-2022 Newshound Guru Pimpy Article: "The secret of the Sudanese government's retreat from changing the exchange rate of Iraqi dinar" Sudanese made a promise to the people that he would...change the exchange rate...now all of a sudden he appears to be backpedaling just a little bit. Quote: "Sudani confirmed...Tuesday that the decision to change the exchange rate of the Iraqi dinar against a dollar is a prerogative of the Central Bank and we are committed to implementing what the Central Bank deems appropriate."
11-4-2022 Intel Guru Bruce [via WiserNow] Possibly we get notified by Sunday and we exchange starting Monday or Tuesday. It’s hard to say - It's not absolute. We've got a little window here...We believe Iraq has done what they said they would do - their holding back the Iraqi dinar rate here in this country until we start...We're all set. We're ready to start. We just want this trigger to come forward for us.
11-4-2022 Guru Nader From The Mid East You see all what's going on with the exchange rate...they took it down, they can easily reinstate it and the economy will not be touched...especially now...it's booming in Iraq. It's nice you can get money left and right...
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The latest guru post continue below...
11-4-2022 Newshound Guru Breitling Watch Iraq. It's very positive. It's going to happen...but you need to be making money in other areas because we can't control the date. I think a lot of people don't listen to that advice...Iraq is very positive. I'm not getting out...I haven't heard anything negative to this day, seen anything that going to stop them from a revalue.
11-4-2022 Intel Guru MarkZ [via PDK] Still hearing positive things for this upcoming week...Iraq has been very crystal clear...that the value of the dinar will be going up in the near future. They told us they are going to raise it. The question is how much they are going to raise it and how soon. Will it go from 1450 to 1200 and floating…or will it be the Nominal Effective Exchange Rate of 1 to 1 or $1.60…. I am still hearing from my sources in Iraq that they will not do 1 to 1 but if they do the NEER rate it will be $1.60 and float up. We know the rate will be going up. Their politicians have told us this…thier banks have told us this. The UN has told us this…. The question is when and how much.
11-4-2022 Newshound Guru MilitiaMan ...With the World Bank, IMF, UN, USA, etc, giving the green light of support we could say that the time is now...The CBI has nothing but good reserves, gold reserves, high oil pricing, taxes and tariffs are electronic as is more and more of the Government, inflation under control and the green light.. Looks like a perfect storm for an RI...
11-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani made a speech...it's the soul responsibility of the CBI he told us. He looked right at us and he said it's the soul responsibility of the CBI for the exchange rate to be changed. He's talking about a change in the exchange rate. Yesterday they told us they were going to add value and parliament will do their part on the budget law to present as soon as possible. They are moving quickly...
11-4-2022 Newshound Guru Pimpy [The dinar] was around 1199 for every dollar. They changed it to 1450 dinars for every dollar. Now Maliki is talking about changing it to 1375. That's about halfway between where it is now and where it was before. Keep in mind Maliki is involved in the currency auctions and he makes millions off it. So an increase in the dinar against a dollar helps him with his little scheme of making money off the currency auctions...
11-4-2022 Intel Guru MarkZ [via PDK] [ (Guru) Nader said...that when the dinar selling stops…the RV/Ri will happen.] He is right…but it’s my opinion…and the opinion in the Iraq finance ministry that you will see a complete stoppage …but not until moments before…or at the exact moment the RV goes. We are not going to get that much of a warning. The IMF and The UN says it’s now up to Iraq to pull that trigger.
11-4-2022 Newshound Guru Sandy Ingram The new prime minister of Iraq said the following on Tuesday, Its government with the help of the Central Bank of Iraq will do is best to increase the price of the Iraq dinar against the U.S. dollar. Article: "Iraqi premier to raise Iraqi dinar value" He did not say what the revalue would be.
11-3-2022 Newshound Guru Pimpy The 8th fastest growing economy, $9 billion a month in sales, a possible $200 billion in surplus money. It just seems like Iraq is teetering right on the edge of finally getting back on track and being a great nation and ready to do business internationally. I'm looking forward to it and it's going to benefit the Iraqi people...if they prosper then hopefully...their currency will increase in value...
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The latest guru post continue below...
11-3-2022 Newshound Guru MilitiaMan Article: "Bank of Jordan opens its first branch in Iraq" Jordan opening a bank branch is likely for that they know there is going to be massive trade. Opportunities will abound like ever before in the 60 years they have been doing business. Iraq will be a central hub and Jordan would know that and is acting on that fact now.. A good thing...
11-3-2022 Intel Guru MarkZ [via PDK] The chatter has been great from Iraq. They are going after some of the top corrupt officials in Iraq now. I am still being leaned on not to share date specific things. It definitely appears to be very close.
11-3-2022 Newshound Guru Samson Article: "Announcement of a tender for the supply of currency counting and sorting machines" Quote: "The Central Bank of Iraq announces a tender for the processing of currency counting and sorting machines, according to the technical specifications and conditions contained in the sixth section of the standard document for the processing of goods."
11-3-2022 Intel Guru Frank26 Article: "Expectations of an unprecedented budget for Iraq in 2023" THE 2023 BUDGET IS EXTREMELY LARGE AND EXTREMELY HISTORICAL...AND THE PROGRAM RATE IS NOWHERE NEAR IT.
11-3-2022 Guru Nader From The Mid East My opinion is if the CBI does anything with it [the dinar rate] it's going to be in 2023. Everybody's gonna have to be patient. You have no choice...that's the truth of it...sometimes the truth hurts. The truth is brutal sometimes. It's brutal but you have to accept it...
11-3-2022 Newshound Guru Kaperoni Remember, the Central Bank of Iraq reduced the exchange rate almost 2 years ago from 1170 to 1460 for several reasons including saving money, raising reserves, but most importantly to create an environment to encourage the private sector. That's not going to change anytime soon.
11-3-2022 Newshound Guru Pimpy If they do change the rate, there's no doubt that at the very least they're going to change it back to the 1190 which was the previous rate. That's like a 22% or 27% increase in value...if it jumped up to a $3.22 rate you're talking about a 4000% increase in value. That's just not going to happen. I'm not saying it can't get to $3.22 but it's not going to happen instantaneously.
11-3-2022 Newshound Guru MilitiaMan Article: "The World Bank: The policy of changing the dollar exchange rate is the prerogative of the Iraqi government". The World Bank looks to be giving the green light on the policy of changing the dollar exchange rate. It is the Iraqi Governments prerogative.. The Article 110 of the constitution talks about this. No doubt this is giving the GOI support to get on with reforms..
11-3-2022 Intel Guru MarkZ [via PDK] Question: [Do you think there is anyway the RV won’t occur?] Absolutely not. There is a lot of pressure-especially from 2 of the major banks for us to NOT release anything on timing. Some of the dinar sites are getting constant attacks. Viruses…to take down news aggregating sites...My banking sources think we are very close...You may start seeing gurus, or intel folks disappear for awhile or get oddly quiet because of the pressure….and that’s ok…because we are close...Myself and others have been leaned on to be quiet over the last 12 hours…specifically about timing.
11-3-2022 Newshound Guru Samson Article: "The World Bank: The policy of changing the dollar exchange rate is the prerogative of the Iraqi government”
11-3-2022 Intel Guru Frank26 Article: "Iraqi premier to raise Iraqi dinar value" WTF!?! What The Frank!?! Ring a ding ding... Hello new prime minister can I help you... yeah bro you got my permission let's go! Quote: "Iraqi government with the help of the Central Bank of Iraq, do its best to increase the price of Iraqi dinar against US dollar". Finally, a translation that's true. This is the proper way to say this!
11-3-2022 Intel Guru Bruce [via WiserNow] ...we got...information that kind of puts us in the right place at the right time. We know that since the 15th of October, Iraqis have exchanged older high value dinars for low denomination new Iraqi dinar...you know, 5‘s 10s 20s 50s and hundreds...we saw where the Iraqis could exchange in Rashid bank and possibly other banks their high dinar notes 25k...And...10k dinar notes for the equivalent in US dollars, which yesterday was on a one to one exchange rate, or on par with the US dollar in Iraq one to one - $1 For one dinar...Now, our rates on our screens in the redemption centers are going to show us much more favorably than that...we talked about what Dr Shabibi projected way back in 2012...we could have that...or even higher than that...let's...see what...Thursday brings for us.
11-2-2022 Get Free Money...with no strings attached The U.S. Government has begun distributing $400 billion worth of grants to qualified small businesses (80% qualify). This is 100% free money. The average grant is $110,000 to $270,000. There's no strings attached and you never have to pay this grant back. This means you can spend the money however you like. Yes, it's a big deal. Click here to see if you qualify >>
The latest guru post continue below...
11-3-2022 Newshound Guru MilitiaMan Article: "Bank of Jordan opens its first branch in Iraq" Jordan opening a bank branch is likely for that they know there is going to be massive trade. Opportunities will abound like ever before in the 60 years they have been doing business. Iraq will be a central hub and Jordan would know that and is acting on that fact now.. A good thing...
11-3-2022 Intel Guru MarkZ [via PDK] The chatter has been great from Iraq. They are going after some of the top corrupt officials in Iraq now. I am still being leaned on not to share date specific things. It definitely appears to be very close.
11-3-2022 Newshound Guru Samson Article: "Announcement of a tender for the supply of currency counting and sorting machines" Quote: "The Central Bank of Iraq announces a tender for the processing of currency counting and sorting machines, according to the technical specifications and conditions contained in the sixth section of the standard document for the processing of goods."
11-3-2022 Intel Guru Frank26 Article: "Expectations of an unprecedented budget for Iraq in 2023" THE 2023 BUDGET IS EXTREMELY LARGE AND EXTREMELY HISTORICAL...AND THE PROGRAM RATE IS NOWHERE NEAR IT.
11-3-2022 Guru Nader From The Mid East My opinion is if the CBI does anything with it [the dinar rate] it's going to be in 2023. Everybody's gonna have to be patient. You have no choice...that's the truth of it...sometimes the truth hurts. The truth is brutal sometimes. It's brutal but you have to accept it...
11-3-2022 Newshound Guru Kaperoni Remember, the Central Bank of Iraq reduced the exchange rate almost 2 years ago from 1170 to 1460 for several reasons including saving money, raising reserves, but most importantly to create an environment to encourage the private sector. That's not going to change anytime soon.
11-3-2022 Newshound Guru Pimpy If they do change the rate, there's no doubt that at the very least they're going to change it back to the 1190 which was the previous rate. That's like a 22% or 27% increase in value...if it jumped up to a $3.22 rate you're talking about a 4000% increase in value. That's just not going to happen. I'm not saying it can't get to $3.22 but it's not going to happen instantaneously.
11-3-2022 Newshound Guru MilitiaMan Article: "The World Bank: The policy of changing the dollar exchange rate is the prerogative of the Iraqi government". The World Bank looks to be giving the green light on the policy of changing the dollar exchange rate. It is the Iraqi Governments prerogative.. The Article 110 of the constitution talks about this. No doubt this is giving the GOI support to get on with reforms..
11-3-2022 Intel Guru MarkZ [via PDK] Question: [Do you think there is anyway the RV won’t occur?] Absolutely not. There is a lot of pressure-especially from 2 of the major banks for us to NOT release anything on timing. Some of the dinar sites are getting constant attacks. Viruses…to take down news aggregating sites...My banking sources think we are very close...You may start seeing gurus, or intel folks disappear for awhile or get oddly quiet because of the pressure….and that’s ok…because we are close...Myself and others have been leaned on to be quiet over the last 12 hours…specifically about timing.
11-3-2022 Newshound Guru Samson Article: "The World Bank: The policy of changing the dollar exchange rate is the prerogative of the Iraqi government”
11-3-2022 Intel Guru Frank26 Article: "Iraqi premier to raise Iraqi dinar value" WTF!?! What The Frank!?! Ring a ding ding... Hello new prime minister can I help you... yeah bro you got my permission let's go! Quote: "Iraqi government with the help of the Central Bank of Iraq, do its best to increase the price of Iraqi dinar against US dollar". Finally, a translation that's true. This is the proper way to say this!
11-3-2022 Intel Guru Bruce [via WiserNow] ...we got...information that kind of puts us in the right place at the right time. We know that since the 15th of October, Iraqis have exchanged older high value dinars for low denomination new Iraqi dinar...you know, 5‘s 10s 20s 50s and hundreds...we saw where the Iraqis could exchange in Rashid bank and possibly other banks their high dinar notes 25k...And...10k dinar notes for the equivalent in US dollars, which yesterday was on a one to one exchange rate, or on par with the US dollar in Iraq one to one - $1 For one dinar...Now, our rates on our screens in the redemption centers are going to show us much more favorably than that...we talked about what Dr Shabibi projected way back in 2012...we could have that...or even higher than that...let's...see what...Thursday brings for us.
11-2-2022 Intel Guru MarkZ [via PDK] We have a lot of contention amongst the finance ministers ...my contacts in Iraq . I was told what they would like to do is go back to the 1200 rate …do that for a couple of weeks…then do a 1 to 1 rate with the USD for a short period and then reinstate it to the full value to allow them to suck up more dinar off the streets. I am still told that doesn’t affect us as we are covered under a contract rate with the “oil for dinar”. But that is the rumors I am hearing.
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The latest guru post continue below...
11-2-2022 Newshound Guru Militiaman Article "This is the controller.. Economic: Changing the dollar exchange rate is very possible" It looks like there is still a push to counter the article about that there is not a move to adjust the exchange rate. We can see the hand hold by the World Bank today saying the GOI has the prerogative .. The private sector is not going to get up and running without an adjustment to the rate change..
11-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The reforms have a rate change and that's the next thing that's happening. The government today said why do you think I'm changing the rate to 1200? FRANK: ...Find me one person talking about the 1200. And who is it? Framework. Anybody else? No. Only the Framework is talking about 1200. The CBI, experts, economists are talking about the 1200 that the Framework are talking about. FIREFlY: The next step of the reforms is a rate change...and the budget will be tied into this.
11-2-2022 Newshound Guru Samson Article "Bank of Jordan opens its first branch in Iraq" Quote "The decision to branch out in Iraq comes to enhance our regional presence and to translate the bank's strategy that it has adopted to expand its business in the countries of the region, whose markets are witnessing remarkable growth and promising opportunities, which will positively reflect on the services provided to our current and future customers."
11-2-2022 Newshound Guru Pimpy Article: "Iraq is the eight Arab country with the fastest growing economy in 2023" This is phenomenal news for Iraq...this is what we want. What we really need in order to get a very decent increase in the value in the Iraqi dinar is a stable government with stable county and low unemployment numbers. We need to get there. Hopefully this new government being formed is going to tackle these issues.
11-2-2022 Guru Nader From The Mid East No investor is going to take a risk and come and invest in Iraq. They know their dinar is very low and it doesn't have any values. (This is for Iraq people, for the politicians if one or two of them listen to me. I know there's one or two listen because I received a couple of messages) ...If I was an investor I would not invest in Iraq for now because the dinar it's very low. What I'm gonna do? I can't even use it out there.
11-2-2022 Newshound Guru Breitling Remember the currency [dinar] is at an artificial rate and they've manipulated it by printing so much currency. The way they get the value back up is to reduce the note count. If they want to diversify they need to reduce their note count, start adding value to their currency and that way international markets...take their currency seriously.
11-2-2022 Intel Guru MarkZ [via PDK] “World Bank: The policy of changing the exchange rate of the dollar is the prerogative of the Iraqi Government” Everything is done…we are waiting for them to pull the trigger...There is all kinds of information coming to us on that front.
11-2-2022 Newshound Guru Militiaman The likes of the CBI to revert back to 1200 makes absolutely no sense at all. It would...fire the street up like no other. The citizens expect purchase power not a slap in the face.. The private sector will never get off the ground with out an international IMF Article VIII compliant currency. 1200 will not make muster.. EVER... imo..
11-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Again the CBI is meeting with Sudani...and they are giving reports on all Iraqi banks...some are calling for a 1200 rate to come back. Many are saying don't change it to that because the reform itself calls for a rate change and that change will be better...
11-2-2022 Newshound Guru Samson Article: "Al-Maliki proposes 1375 dinars to the dollar exchange rate" Quote: "The reduction in the price of the dinar and the failure to address the consequences for the citizen has caused a difficult economic and living crisis. and integrated."
11-2-2022 Newshound Guru Pimpy I'm still hearing...they anticipate an exchange rate increase back to the original, and I don't mean the 1190 dinars, they're talking about the $3 rate. There's not indication of that anywhere out there...if anything they'll reinstate it back to the original rate where it was [1200]. That's the first step.
11-2-2022 Intel Guru MarkZ [via PDK] [Is it true that if we exchange with the first basket –we cant exchange with the 2nd?] I am told that is no longer true …there will not be a “true second basket” Now one basket of everyone that is ready will go….and all others will go individually as they are ready…we should still be able to take advantage and invest in the other countries currencies as they go…after the initial first basket. All those not ready I expect to float and float quickly to where they belong.
11-2-2022 Newshound/Intel Guru Mnt Goat ...we need the reinstatement on FOREX to be able to go to the bank and exchange at the rate we want. In this regard, there was some new bit of very good news in the articles this week...an economists spoke up about the reinstatement. WOW! No, he did not mention the word “reinstatement” perse, but described exactly what the process would be and should be. He only left out the float part... The other amazing part about this same article is that it also talked about the program rate and changing the exchange rate. Yes, both concepts of changing the exchange rate compared to each other in the same article. WOW! WOW!...Is this just the beginning of the push to go international?
11-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Key is back to 1190 then within 3 to 4 weeks go to 1 to 1 maybe even $1.15 soon after that to go into the $3+ range. FRANK: Well that's almost correct...
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The latest guru post continue below...
11-2-2022 Newshound Guru Militiaman Article "This is the controller.. Economic: Changing the dollar exchange rate is very possible" It looks like there is still a push to counter the article about that there is not a move to adjust the exchange rate. We can see the hand hold by the World Bank today saying the GOI has the prerogative .. The private sector is not going to get up and running without an adjustment to the rate change..
11-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The reforms have a rate change and that's the next thing that's happening. The government today said why do you think I'm changing the rate to 1200? FRANK: ...Find me one person talking about the 1200. And who is it? Framework. Anybody else? No. Only the Framework is talking about 1200. The CBI, experts, economists are talking about the 1200 that the Framework are talking about. FIREFlY: The next step of the reforms is a rate change...and the budget will be tied into this.
11-2-2022 Newshound Guru Samson Article "Bank of Jordan opens its first branch in Iraq" Quote "The decision to branch out in Iraq comes to enhance our regional presence and to translate the bank's strategy that it has adopted to expand its business in the countries of the region, whose markets are witnessing remarkable growth and promising opportunities, which will positively reflect on the services provided to our current and future customers."
11-2-2022 Newshound Guru Pimpy Article: "Iraq is the eight Arab country with the fastest growing economy in 2023" This is phenomenal news for Iraq...this is what we want. What we really need in order to get a very decent increase in the value in the Iraqi dinar is a stable government with stable county and low unemployment numbers. We need to get there. Hopefully this new government being formed is going to tackle these issues.
11-2-2022 Guru Nader From The Mid East No investor is going to take a risk and come and invest in Iraq. They know their dinar is very low and it doesn't have any values. (This is for Iraq people, for the politicians if one or two of them listen to me. I know there's one or two listen because I received a couple of messages) ...If I was an investor I would not invest in Iraq for now because the dinar it's very low. What I'm gonna do? I can't even use it out there.
11-2-2022 Newshound Guru Breitling Remember the currency [dinar] is at an artificial rate and they've manipulated it by printing so much currency. The way they get the value back up is to reduce the note count. If they want to diversify they need to reduce their note count, start adding value to their currency and that way international markets...take their currency seriously.
11-2-2022 Intel Guru MarkZ [via PDK] “World Bank: The policy of changing the exchange rate of the dollar is the prerogative of the Iraqi Government” Everything is done…we are waiting for them to pull the trigger...There is all kinds of information coming to us on that front.
11-2-2022 Newshound Guru Militiaman The likes of the CBI to revert back to 1200 makes absolutely no sense at all. It would...fire the street up like no other. The citizens expect purchase power not a slap in the face.. The private sector will never get off the ground with out an international IMF Article VIII compliant currency. 1200 will not make muster.. EVER... imo..
11-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Again the CBI is meeting with Sudani...and they are giving reports on all Iraqi banks...some are calling for a 1200 rate to come back. Many are saying don't change it to that because the reform itself calls for a rate change and that change will be better...
11-2-2022 Newshound Guru Samson Article: "Al-Maliki proposes 1375 dinars to the dollar exchange rate" Quote: "The reduction in the price of the dinar and the failure to address the consequences for the citizen has caused a difficult economic and living crisis. and integrated."
11-2-2022 Newshound Guru Pimpy I'm still hearing...they anticipate an exchange rate increase back to the original, and I don't mean the 1190 dinars, they're talking about the $3 rate. There's not indication of that anywhere out there...if anything they'll reinstate it back to the original rate where it was [1200]. That's the first step.
11-2-2022 Intel Guru MarkZ [via PDK] [Is it true that if we exchange with the first basket –we cant exchange with the 2nd?] I am told that is no longer true …there will not be a “true second basket” Now one basket of everyone that is ready will go….and all others will go individually as they are ready…we should still be able to take advantage and invest in the other countries currencies as they go…after the initial first basket. All those not ready I expect to float and float quickly to where they belong.
11-2-2022 Newshound/Intel Guru Mnt Goat ...we need the reinstatement on FOREX to be able to go to the bank and exchange at the rate we want. In this regard, there was some new bit of very good news in the articles this week...an economists spoke up about the reinstatement. WOW! No, he did not mention the word “reinstatement” perse, but described exactly what the process would be and should be. He only left out the float part... The other amazing part about this same article is that it also talked about the program rate and changing the exchange rate. Yes, both concepts of changing the exchange rate compared to each other in the same article. WOW! WOW!...Is this just the beginning of the push to go international?
11-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Key is back to 1190 then within 3 to 4 weeks go to 1 to 1 maybe even $1.15 soon after that to go into the $3+ range. FRANK: Well that's almost correct...
11-1-2022 Newshound Guru Samson Article "Report: The 2023 budget will cross the $100 billion mark" Quote "there is no intention to change the Iraqi dinar exchange rate against the dollar at the present time, after a lengthy meeting held by the new Prime Minister, Muhammad Shia. Al-Sudani, with the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mikheeb, yesterday, Monday"
11-1-2022 Intel Guru MarkZ [via PDK] From the banking side today…Bankers are through the roof excited. They think there will be a release this evening...my bankers ...think we are in a 24-36 hour window. I think it’s a bit premature… It is possible they are correct…especially with the chatter coming out of Iraq today. ...the remarks coming out of Iraq today... reinforced what I was told by my Finance Ministry contact on the ground in Iraq…that at this point is up to the CBI to change that rate. ...There is an overwhelming level of excitement. [post 2 of 2]
11-1-2022 Intel Guru MarkZ [via PDK] We have some interesting news out of Iraq today. Sudani stated the Central bank has the mechanism to change the rate…quote: ”Al Sudani said...the Central bank is the only ones responsible party for changing the dollar exchange rate…and we are committed to this aspect. And we support the independence of the bank.“ This means the bank can change the rate…they do not need anything else. [post 1 of 2....stay tuned]
11-1-2022 Newshound/Intel Guru Walkingstick [via Frank26] As soon as you see a "seated and announced" government, and that's the key, it has to be announced. Seated and Announced. Right now they're just piecing it [together] and telling you about it...
11-1-2022 Newshound Guru Pimpy I'm anticipating that once the first rate change takes place, depending on how it affects the Iraqi government I'm anticipating a second rate change within 6 months. Nothing major. They're just going to go up in increments. I think what they want to do is pay attention to how these increases are going to affect the overall economy...I'm anticipating the first rate change will start stimulating the economy even more...it's easy to get excited about what's going on... [Post 2 of 2]
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11-1-2022 Newshound Guru Pimpy I have no doubt Iraq is going to change their exchange rate and bring it back to the previous rate. Right now you get 1450 Iraqi dinar for every 1 dollar. I'm pretty sure they're going to change it back to where you get 1200 dinar for every U.S. dollar or 1190... you're looking at about a 17.5% increase in value. That's not too bad at all just depends on when you bought...and how much you paid for it... [Post 1 of 2....stay tuned]
11-1-2022 Intel Guru MarkZ [via PDK] I’ve not heard anything negative and I’ve not heard anything positive either. Everyone seems to be waiting on whatever this trigger event is. Most of my sources are telling me it’s still between the 3rd and the 11th. Praying it is sooner as I know many people are suffering. Iraq news is a lot of investment fluff. Everyone is counting on Iraq having a new rate. All of the investments, cross border payments, setting up of electronic banking in the country …we know they are planning on a much higher value in their currency.
11-1-2022 Newshound Guru Jeff Iraq has made tremendous progress and strides meeting the central bank's requirements of achieving political stability and everything...the next reform step is the rate change.
11-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Two more positions is what they're telling us they need. It's enough now to have a seated government but the last two spots are in dispute between the Kurdistan parties but we do not think that's going to delay anything...
11-1-2022 Newshound Guru Samson Article: "After the fluctuation ... Assurances that there is no step to change the exchange rate of the dollar against the dinar" Quote: "The exchange rates of the dollar against the dinar continue to fluctuate in the local market value...amid speculations from some parties that the Sudanese government will reduce the rate, although all the assurances refer to finding economic solutions and not changing the exchange rate."
11-1-2022 Newshound/Intel Guru RVAlready If the CBI considers Iraq stable enough, they will release the RV. The RVs will improve stability in the region. The UN is pushing this release. The CBI has had plenty of time to prep for this. They should let this go soon...I think the UN and IMF have given the CBI the green light...
11-1-2022 Intel Guru MarkZ [via PDK] News out of Iraq is all over the place. Seems to be status quo right now with politicians, leaders and finance ministers…but don’t take this as a bad thing. Part of them are saying”no,no, no –we can’t do it now” and part are saying “We are absolutely doing it now” This is what we expect. We saw the same thing out of Kuwait…this is playing out exactly as expected. We have to somehow keep our calm and our patience as we work through this.
11-1-2022 Intel Guru MarkZ [via PDK] From the banking side today…Bankers are through the roof excited. They think there will be a release this evening...my bankers ...think we are in a 24-36 hour window. I think it’s a bit premature… It is possible they are correct…especially with the chatter coming out of Iraq today. ...the remarks coming out of Iraq today... reinforced what I was told by my Finance Ministry contact on the ground in Iraq…that at this point is up to the CBI to change that rate. ...There is an overwhelming level of excitement. [post 2 of 2]
11-1-2022 Intel Guru MarkZ [via PDK] We have some interesting news out of Iraq today. Sudani stated the Central bank has the mechanism to change the rate…quote: ”Al Sudani said...the Central bank is the only ones responsible party for changing the dollar exchange rate…and we are committed to this aspect. And we support the independence of the bank.“ This means the bank can change the rate…they do not need anything else. [post 1 of 2....stay tuned]
11-1-2022 Newshound/Intel Guru Walkingstick [via Frank26] As soon as you see a "seated and announced" government, and that's the key, it has to be announced. Seated and Announced. Right now they're just piecing it [together] and telling you about it...
11-1-2022 Newshound Guru Pimpy I'm anticipating that once the first rate change takes place, depending on how it affects the Iraqi government I'm anticipating a second rate change within 6 months. Nothing major. They're just going to go up in increments. I think what they want to do is pay attention to how these increases are going to affect the overall economy...I'm anticipating the first rate change will start stimulating the economy even more...it's easy to get excited about what's going on... [Post 2 of 2]
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11-1-2022 Newshound Guru Pimpy I have no doubt Iraq is going to change their exchange rate and bring it back to the previous rate. Right now you get 1450 Iraqi dinar for every 1 dollar. I'm pretty sure they're going to change it back to where you get 1200 dinar for every U.S. dollar or 1190... you're looking at about a 17.5% increase in value. That's not too bad at all just depends on when you bought...and how much you paid for it... [Post 1 of 2....stay tuned]
11-1-2022 Intel Guru MarkZ [via PDK] I’ve not heard anything negative and I’ve not heard anything positive either. Everyone seems to be waiting on whatever this trigger event is. Most of my sources are telling me it’s still between the 3rd and the 11th. Praying it is sooner as I know many people are suffering. Iraq news is a lot of investment fluff. Everyone is counting on Iraq having a new rate. All of the investments, cross border payments, setting up of electronic banking in the country …we know they are planning on a much higher value in their currency.
11-1-2022 Newshound Guru Jeff Iraq has made tremendous progress and strides meeting the central bank's requirements of achieving political stability and everything...the next reform step is the rate change.
11-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Two more positions is what they're telling us they need. It's enough now to have a seated government but the last two spots are in dispute between the Kurdistan parties but we do not think that's going to delay anything...
11-1-2022 Newshound Guru Samson Article: "After the fluctuation ... Assurances that there is no step to change the exchange rate of the dollar against the dinar" Quote: "The exchange rates of the dollar against the dinar continue to fluctuate in the local market value...amid speculations from some parties that the Sudanese government will reduce the rate, although all the assurances refer to finding economic solutions and not changing the exchange rate."
11-1-2022 Newshound/Intel Guru RVAlready If the CBI considers Iraq stable enough, they will release the RV. The RVs will improve stability in the region. The UN is pushing this release. The CBI has had plenty of time to prep for this. They should let this go soon...I think the UN and IMF have given the CBI the green light...
11-1-2022 Intel Guru MarkZ [via PDK] News out of Iraq is all over the place. Seems to be status quo right now with politicians, leaders and finance ministers…but don’t take this as a bad thing. Part of them are saying”no,no, no –we can’t do it now” and part are saying “We are absolutely doing it now” This is what we expect. We saw the same thing out of Kuwait…this is playing out exactly as expected. We have to somehow keep our calm and our patience as we work through this.
10-31-2022 Intel Guru Frank26 Article: "The European Union for the Sudanese: We support the implementation of the announced reform program and the fight against corruption" SO DOES GERMANY, SO DOES THE UK, THE USA, SAUDI ARABIA, CHINA, EGYPT, JORDAN, TURKEY, KUWAIT, SOUTH KOREA, EVERYBODY IN THE WORLD SUPPORTS WHAT IRAQ IS DOING.
10-31-2022 Newshound Guru Militiaman Article "Taif Sami assumes her duties as Minister of Finance" We have the Finance Minster all set and ready to get financial work off and running under the new government. Good deal, she will be working in tandem with the Central Bank. What timing...
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10-31-2022 Newshound Guru Pimpy All the chitter-chatter about the change of the Iraqi dinar exchange rate, it's just all talk for now. Once the government...start to do their jobs we'll find out quickly within a couple weeks, maybe even a month at the very latest if they were sincere about changing the exchange rate. I would imagine when it comes to Maliki and his sidekick they are looking forward to changing the rate back because that's how they make quick money. My guess is it's definitely going to be one of their priorities...
10-31-2022 Newshound Guru Clare Article: "Al-Sudani meets with the Governor of the Central Bank" VERY IMPORTANT IMO!
10-31-2022 Guru Nader From The Mid East About the exchange rate - you see it back and forth, back and forth. One day yes. One day no...One day the CBI comes and goes, 'We're ready to change...' and other one comes out and goes, 'It's going to hurt the economy if we do this and that...' Whatever you hear from anybody, I'm not gonna say it's bullshit but it's just a guess... Nobody knows what's gonna happen...me, I say the solution is put it 1 to 1. Let's see what happens. If it works good, you can go up. If it works bad, go back down...I think it's going help the economy...because you don't have to deal with million and million of dinars...
10-31-2022 Newshound Guru Kaperoni There are only two options for Iraq pertaining to the dinar. They either redenominate/LOP reducing the currency from trillions to billions which is a neutral event no gain/profit or they gradually raise it over several years as the economy grows reducing the money supply.
10-31-2022 Intel Guru MarkZ [via PDK] Interesting stuff over the weekend. A huge amount of chatter from the redemption centers about them starting work today. I don’t have an update today but as of yesterday they had a huge hopes for the possibility of starting as early as today…this is exciting. There is interesting stuff coming out of Iraq. And some back and forth stuff from Iraq... the reality that nobody knows the exact timing.
10-31-2022 Intel Guru Frank26 They're going exchange them for the rate ...and give it to you in your savings account. When you drop the 3-zeros, you drop them off the exchange rate [.0008569 becomes .8569]. That's very close to being 1 to 1 right there...'but Frank I got a 25K note and if they drop the 3-zeros and it's 1 to 1 then a 25K is $25,000...and because I live outside of Iraq I can exchange it for the international rate. That's how I get my capital gains.' Yeah! [Post 2 of 2]
10-31-2022 Intel Guru Frank26 There are two ways of looking at the 3-zeros...What happens when they say, 'we're going to drop the 3-zeros?' Do you think they're going to get a pair of scissor and they're gonna cut that out [the 3 zeros on a 25000 note]? There's your 25? ...When you drop the 3-zeros from the exchange rate [.0008569] you're left with .85...When you take your physical 3-zero notes 25,000, 10,000, 5000, 1,000...they're not just gonna cut them [the zeros] out. [Post 1 of 2....stay tuned]
10-31-2022 Newshound Guru Samson Article: "A leader in the framework: The dollar exchange rate will be reviewed within 60 days" Quote: "Studying the issue of re-exchange of the dollar is one of the priorities of the Sudanese government."
10-31-2022 Intel Guru MarkZ [via PDK] [When all we hear about is Iraq- What makes you think the other currencies will go too?] The only reason we hear so much about Iraq is they are the canary in the coal mine…. It’s the easiest one to track. But there is a lot of pressure for the dong and others to go at the same time.
10-31-2022 Newshound Guru Pimpy We're saying goodbye to Al- Kazemi ...[he] turned over all control and powers to the new prime minister Al-Sudani... in his speech you could tell that his is preparing himself for which is to come and that is the coordination framework is definitely going to go after him. They're going to accuse him of being corrupt...and try to charge him. Maliki is not thrilled about that fact Al-Kazemi attempted to investigate him...Al-Kazemi is already restricted from being able to leave the country.
10-31-2022 Newshound Guru Militiaman Article "Taif Sami assumes her duties as Minister of Finance" We have the Finance Minster all set and ready to get financial work off and running under the new government. Good deal, she will be working in tandem with the Central Bank. What timing...
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10-31-2022 Newshound Guru Pimpy All the chitter-chatter about the change of the Iraqi dinar exchange rate, it's just all talk for now. Once the government...start to do their jobs we'll find out quickly within a couple weeks, maybe even a month at the very latest if they were sincere about changing the exchange rate. I would imagine when it comes to Maliki and his sidekick they are looking forward to changing the rate back because that's how they make quick money. My guess is it's definitely going to be one of their priorities...
10-31-2022 Newshound Guru Clare Article: "Al-Sudani meets with the Governor of the Central Bank" VERY IMPORTANT IMO!
10-31-2022 Guru Nader From The Mid East About the exchange rate - you see it back and forth, back and forth. One day yes. One day no...One day the CBI comes and goes, 'We're ready to change...' and other one comes out and goes, 'It's going to hurt the economy if we do this and that...' Whatever you hear from anybody, I'm not gonna say it's bullshit but it's just a guess... Nobody knows what's gonna happen...me, I say the solution is put it 1 to 1. Let's see what happens. If it works good, you can go up. If it works bad, go back down...I think it's going help the economy...because you don't have to deal with million and million of dinars...
10-31-2022 Newshound Guru Kaperoni There are only two options for Iraq pertaining to the dinar. They either redenominate/LOP reducing the currency from trillions to billions which is a neutral event no gain/profit or they gradually raise it over several years as the economy grows reducing the money supply.
10-31-2022 Intel Guru MarkZ [via PDK] Interesting stuff over the weekend. A huge amount of chatter from the redemption centers about them starting work today. I don’t have an update today but as of yesterday they had a huge hopes for the possibility of starting as early as today…this is exciting. There is interesting stuff coming out of Iraq. And some back and forth stuff from Iraq... the reality that nobody knows the exact timing.
10-31-2022 Intel Guru Frank26 They're going exchange them for the rate ...and give it to you in your savings account. When you drop the 3-zeros, you drop them off the exchange rate [.0008569 becomes .8569]. That's very close to being 1 to 1 right there...'but Frank I got a 25K note and if they drop the 3-zeros and it's 1 to 1 then a 25K is $25,000...and because I live outside of Iraq I can exchange it for the international rate. That's how I get my capital gains.' Yeah! [Post 2 of 2]
10-31-2022 Intel Guru Frank26 There are two ways of looking at the 3-zeros...What happens when they say, 'we're going to drop the 3-zeros?' Do you think they're going to get a pair of scissor and they're gonna cut that out [the 3 zeros on a 25000 note]? There's your 25? ...When you drop the 3-zeros from the exchange rate [.0008569] you're left with .85...When you take your physical 3-zero notes 25,000, 10,000, 5000, 1,000...they're not just gonna cut them [the zeros] out. [Post 1 of 2....stay tuned]
10-31-2022 Newshound Guru Samson Article: "A leader in the framework: The dollar exchange rate will be reviewed within 60 days" Quote: "Studying the issue of re-exchange of the dollar is one of the priorities of the Sudanese government."
10-31-2022 Intel Guru MarkZ [via PDK] [When all we hear about is Iraq- What makes you think the other currencies will go too?] The only reason we hear so much about Iraq is they are the canary in the coal mine…. It’s the easiest one to track. But there is a lot of pressure for the dong and others to go at the same time.
10-31-2022 Newshound Guru Pimpy We're saying goodbye to Al- Kazemi ...[he] turned over all control and powers to the new prime minister Al-Sudani... in his speech you could tell that his is preparing himself for which is to come and that is the coordination framework is definitely going to go after him. They're going to accuse him of being corrupt...and try to charge him. Maliki is not thrilled about that fact Al-Kazemi attempted to investigate him...Al-Kazemi is already restricted from being able to leave the country.
10-30-2022 Newshound Guru Samson Article: "New Jaguar Land Rover facility in Baghdad" Quote: "Sardar Trading Agencies, the official distributor of Jaguar Land Rover in Iraq, has opened a new $12-million Jaguar Land Rover facility in Baghdad's Al Mansour district."
10-30-2022 Intel Guru Frank26 ...The American dollar is tanking and suffering and losing value so that's why the thought is that they may take it to 1200 and come out at $1.20 to 1 instead of 1 to 1...
10-30-2022 Newshound Guru MilitiaMan Article: "IBBC focused on 'Iraq - Identifying Business Opportunities' in Dubai conference 10 & 11 November 2022 " Now this surely looks like an after the fact conference to me.. Once they decide to adjust the exchange rate, then we will have a need for the private sector to hit the ground running. Everyone knows that. We know that why? The Kuwait conference... The article of late have been thick about changing the exchange rate, deletion of the three zeros and to a lesser extent but relevant are the small category notes. The latter is to be a necessity with an exchange rate change.
10-30-2022 Newshound/Intel Guru RVAlready [So what is our time-line for the rv?] ...nobody really knows, but it should be pretty soon, with banks getting instructions. [reference RayRen98 post below]
10-30-2022 Newshound Guru Kaperoni guru Frank 26 claims Iraq is going to raise the value from 1460 back to 1200. I can tell you right now that will not happen it does not encourage Iraq to build a flourishing economy...Various successes in Iraq such as seating Parliament or a government is all good news but it requires Iraq as a whole to create the conditions to build an economy. Only with the success of that economy can the dinar rise in value.
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10-30-2022 Newshound Guru Sandy Ingram Here's how and who stole $2.5 billion worth of Iraqi dinars in Iraq. They are calling this the crime of the century...Approximately 3.7 million Iraqi dinars was fraudulently paid to 5 companies by the general commission of taxes an office within the ministry of Finances. The money was paid through 247 checks between 9/2021 and 8/2022 from the commissioner's account at the state-run Rafidain Bank...the Iraqi court has seized the cash...of the accused, their wives and sons...there was more than one family involved...the tax Commissioner General director and his Deputy have been arrested.
10-30-2022 Newshound Guru Pimpy The Iraqi dinar value has gone up. People [In Iraq?] are dumping the U.S. dollars in speculation that the rate change is going to happen so they want to make sure they get more of the Iraqi dinars for the current value and then wait for it to go up and they'll have about 22% to 27% more in value. That's a pretty big jump.
10-30-2022 Newshound Guru Jeff The central bank had minimal requirements in order for the rate change to move forward. Article from 10-2014 "Iraq dinar revaluation postponed by central bank for 5 years..." What they're saying in this, due to political corruption and instability they are not ready to revalue their currency...that's what they accomplished yesterday by completing the formation of their government. Now that the government is done they have met the central banks qualifications to revalue the currency...
10-30-2022 Intel Guru RayRen98 HMMMMMMMMM SOME BANKS ARE CALLING THEIR STAFF MEMBERS...BANKS ARE RECEIVING (OR HAVE RECEIVED) SOME WRITTEN INSTRUCTIONS WITH MORE TO COME!
10-30-2022 Newshound Guru Samson Article: "The formation of the Sudanese government pushes the Iraqis again to demand a decrease in the exchange rate of the dollar"
10-30-2022 Intel Guru MarkZ [via PDK] in Iraq we are seeing exactly what we saw in Kuwait. Crazy information and articles being recycled from 2 years ago…we are being inundated with BS right now…you are going to have to stay calm and let it filter through.
10-30-2022 Intel Guru Frank26 ...The American dollar is tanking and suffering and losing value so that's why the thought is that they may take it to 1200 and come out at $1.20 to 1 instead of 1 to 1...
10-30-2022 Newshound Guru MilitiaMan Article: "IBBC focused on 'Iraq - Identifying Business Opportunities' in Dubai conference 10 & 11 November 2022 " Now this surely looks like an after the fact conference to me.. Once they decide to adjust the exchange rate, then we will have a need for the private sector to hit the ground running. Everyone knows that. We know that why? The Kuwait conference... The article of late have been thick about changing the exchange rate, deletion of the three zeros and to a lesser extent but relevant are the small category notes. The latter is to be a necessity with an exchange rate change.
10-30-2022 Newshound/Intel Guru RVAlready [So what is our time-line for the rv?] ...nobody really knows, but it should be pretty soon, with banks getting instructions. [reference RayRen98 post below]
10-30-2022 Newshound Guru Kaperoni guru Frank 26 claims Iraq is going to raise the value from 1460 back to 1200. I can tell you right now that will not happen it does not encourage Iraq to build a flourishing economy...Various successes in Iraq such as seating Parliament or a government is all good news but it requires Iraq as a whole to create the conditions to build an economy. Only with the success of that economy can the dinar rise in value.
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10-30-2022 Newshound Guru Sandy Ingram Here's how and who stole $2.5 billion worth of Iraqi dinars in Iraq. They are calling this the crime of the century...Approximately 3.7 million Iraqi dinars was fraudulently paid to 5 companies by the general commission of taxes an office within the ministry of Finances. The money was paid through 247 checks between 9/2021 and 8/2022 from the commissioner's account at the state-run Rafidain Bank...the Iraqi court has seized the cash...of the accused, their wives and sons...there was more than one family involved...the tax Commissioner General director and his Deputy have been arrested.
10-30-2022 Newshound Guru Pimpy The Iraqi dinar value has gone up. People [In Iraq?] are dumping the U.S. dollars in speculation that the rate change is going to happen so they want to make sure they get more of the Iraqi dinars for the current value and then wait for it to go up and they'll have about 22% to 27% more in value. That's a pretty big jump.
10-30-2022 Newshound Guru Jeff The central bank had minimal requirements in order for the rate change to move forward. Article from 10-2014 "Iraq dinar revaluation postponed by central bank for 5 years..." What they're saying in this, due to political corruption and instability they are not ready to revalue their currency...that's what they accomplished yesterday by completing the formation of their government. Now that the government is done they have met the central banks qualifications to revalue the currency...
10-30-2022 Intel Guru RayRen98 HMMMMMMMMM SOME BANKS ARE CALLING THEIR STAFF MEMBERS...BANKS ARE RECEIVING (OR HAVE RECEIVED) SOME WRITTEN INSTRUCTIONS WITH MORE TO COME!
10-30-2022 Newshound Guru Samson Article: "The formation of the Sudanese government pushes the Iraqis again to demand a decrease in the exchange rate of the dollar"
10-30-2022 Intel Guru MarkZ [via PDK] in Iraq we are seeing exactly what we saw in Kuwait. Crazy information and articles being recycled from 2 years ago…we are being inundated with BS right now…you are going to have to stay calm and let it filter through.
10-29-2022 Newshound Guru Pimpy There's a lot of people out there going...crazy about the exchange rate getting ready to happen - getting ready for it to soar - It's gonna take off - This is the time we've been waiting for...we're going to find out quickly what's going to happen with the Iraqi dinar. It really depends on what this government has in store for the Iraqi people.
10-29-2022 Intel Guru Frank26 Question "If you didn't have dinars, what currency would you have?" Do you know of any central bank that the IMF is bragging about and telling the whole would that they're about to raise the value of their currency by moving the exchange rate? Do you know of any other country where the International Monetary Fund, the one that tell all banks what to do, that there's another Central Bank that is doing what the Central Bank of Iraq is doing? The answer is no. So if you ask me would I invest in another currency. No. If Iraq did not exist I would not be investing in any currency right now because nobody is going to raise the value value of their currency...
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10-29-2022 Newshound Guru MilitiaMan The economic opportunities are going to be the internationalism that jump starts the country.. After yesterdays closure of the "Davos in the Sand" meeting in Riyadh, the ME Summit in DUBAI, the virtual meeting with the AMF about the upgrades and connectivity to the world on the BUNA platform coinciding with the vote on the government gaining confidence is not only amazing, it appears to have been all timed accordingly. The line up that is geared for digital transformation this last few days shows that it is time for Iraq to getter done.. Very exciting times.
10-29-2022 Newshound Guru Samson Article "Is Iraq exploiting the wealth of minerals instead of oil?" Quote " Iraq occupies the first reserve in the world of sulfur and the second reserve after Morocco of phosphate."
10-29-2022 Newshound Guru Jeff The government is 100% done and Iraq is now ready to join the international community.
10-29-2022 Newshound Guru Sandy Ingram Breaking news out of Iraq Article: "Iraqi government to enhance security cooperation with U.S."
10-29-2022 Intel Guru MarkZ [via PDK] It’s been very fun on the news side. Iraq has a government seated and the ministers in place…finance minister etc…. Of course we have also seen a number of bond deals confirmed. I feel very comfortable saying they have full funding and spendable money. Now we need the other shoe to drop…we are watching and waiting…..
10-29-2022 Newshound Guru Kaperoni The speech from the new prime minister of Iraq Al-Sudani was promising since he announced that he expects to open Iraq's economy for investment. Only time will tell. At this point the prime minister is saying all the right things, to employ Iraqis, encourage investment and engage with all countries of the world. We will see.
10-29-2022 Newshound Guru Pimpy Article: "Al-Sudani begins his work as prime minister and commander-in-chief of the armed forces" It's official. The new government has been formed and start to work today.
10-29-2022 Intel Guru Frank26 Article: "An economic expert : The cost of returning the dinar to its old price against the dollar will be very high" THE HOT TOPIC IN IRAQ IS NOT POLITICAL IT IS ABOUT THE DINAR AND THE EXCHANGE RATE
10-29-2022 Intel Guru MarkZ [via PDK] I did hear something important from an excellent source that here in the US that we will have the longest amount of time in which to exchange. We are due to have 60 days from when it goes to when we have to finish. I was also told that most of the rest of the world will have 25 days to exchange. This is because they believe there is a much large number of currency holders here in the states.
10-29-2022 Newshound Guru Samson Article: "Al-Sudani officially takes over as Prime Minister and Commander-in-Chief of the Armed Forces" "Al-Sudani officially receives his duties from Al-Kazemi"
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10-29-2022 Intel Guru Bruce [via WiserNow] ...the dinar should be trading Sunday night when they go to trade against China, Far Eastern countries around nine 9:30pm Eastern Time Sunday night...I know we're supposed to get notified over the weekend, Saturday or Sunday and set appointments for our exchanges to start Sunday, Monday or Tuesday...We know that we're looking very strongly this weekend.
10-29-2022 Intel Guru Frank26 Question "If you didn't have dinars, what currency would you have?" Do you know of any central bank that the IMF is bragging about and telling the whole would that they're about to raise the value of their currency by moving the exchange rate? Do you know of any other country where the International Monetary Fund, the one that tell all banks what to do, that there's another Central Bank that is doing what the Central Bank of Iraq is doing? The answer is no. So if you ask me would I invest in another currency. No. If Iraq did not exist I would not be investing in any currency right now because nobody is going to raise the value value of their currency...
10-29-2022 New Video There's a dirty little secret in the travel industry. “Discount” sites like Expedia, Priceline, Hotels.com and Booking.com are charging up to 86% too much. Staying in a hotel, condo or resort? I think you’ll love this FREE member's only bonus. You're going to save a ton of money. Click here watch the 3 minute video >>
10-29-2022 Newshound Guru MilitiaMan The economic opportunities are going to be the internationalism that jump starts the country.. After yesterdays closure of the "Davos in the Sand" meeting in Riyadh, the ME Summit in DUBAI, the virtual meeting with the AMF about the upgrades and connectivity to the world on the BUNA platform coinciding with the vote on the government gaining confidence is not only amazing, it appears to have been all timed accordingly. The line up that is geared for digital transformation this last few days shows that it is time for Iraq to getter done.. Very exciting times.
10-29-2022 Newshound Guru Samson Article "Is Iraq exploiting the wealth of minerals instead of oil?" Quote " Iraq occupies the first reserve in the world of sulfur and the second reserve after Morocco of phosphate."
10-29-2022 Newshound Guru Jeff The government is 100% done and Iraq is now ready to join the international community.
10-29-2022 Newshound Guru Sandy Ingram Breaking news out of Iraq Article: "Iraqi government to enhance security cooperation with U.S."
10-29-2022 Intel Guru MarkZ [via PDK] It’s been very fun on the news side. Iraq has a government seated and the ministers in place…finance minister etc…. Of course we have also seen a number of bond deals confirmed. I feel very comfortable saying they have full funding and spendable money. Now we need the other shoe to drop…we are watching and waiting…..
10-29-2022 Newshound Guru Kaperoni The speech from the new prime minister of Iraq Al-Sudani was promising since he announced that he expects to open Iraq's economy for investment. Only time will tell. At this point the prime minister is saying all the right things, to employ Iraqis, encourage investment and engage with all countries of the world. We will see.
10-29-2022 Newshound Guru Pimpy Article: "Al-Sudani begins his work as prime minister and commander-in-chief of the armed forces" It's official. The new government has been formed and start to work today.
10-29-2022 Intel Guru Frank26 Article: "An economic expert : The cost of returning the dinar to its old price against the dollar will be very high" THE HOT TOPIC IN IRAQ IS NOT POLITICAL IT IS ABOUT THE DINAR AND THE EXCHANGE RATE
10-29-2022 Intel Guru MarkZ [via PDK] I did hear something important from an excellent source that here in the US that we will have the longest amount of time in which to exchange. We are due to have 60 days from when it goes to when we have to finish. I was also told that most of the rest of the world will have 25 days to exchange. This is because they believe there is a much large number of currency holders here in the states.
10-29-2022 Newshound Guru Samson Article: "Al-Sudani officially takes over as Prime Minister and Commander-in-Chief of the Armed Forces" "Al-Sudani officially receives his duties from Al-Kazemi"
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10-29-2022 Intel Guru Bruce [via WiserNow] ...the dinar should be trading Sunday night when they go to trade against China, Far Eastern countries around nine 9:30pm Eastern Time Sunday night...I know we're supposed to get notified over the weekend, Saturday or Sunday and set appointments for our exchanges to start Sunday, Monday or Tuesday...We know that we're looking very strongly this weekend.
10-28-2022 Newshound Guru Jeff ...Here's a tweet. This is the main reason why Iraq has not been able to revalue their currency... "Khashan: Today's session will end the term of corrupt government 'from head to bottom'." That's the reason the central bank straight up said we're ready to revalue the currency and delete the zeros as soon as you show us political stability and get rid of that corruption...once they vote[ed] on the government they will have completed everything required by the central bank to revalue the currency...
10-28-2022 Intel Guru Frank26 Don't pay attention to anybody that tells you, 'they're not going to raise the value! They're not coming out with the new currency! They're not going to change the exchange rate!' What's...causing confusion? It's when they [the CBI] say there is no intention...to change the dollar exchange rate against the Iraqi dinar...That is 100% true. The CBI cannot change the rate of the U.S. dollar against the dinar. But it can change the dinar rate against the dollar. People are just confused...Don't be misled...
10-28-2022 Newshound Guru MilitiaMan Article: "Will the price of the dinar change against the dollar?" We can all see that returning to the old price is the same as the past official exchange rate. They printed new money in 2018, they imo have distributed new money to where it will be needed internally and externally and the last part of the reforms is to seat the government cabinet... whereby, they can "issue" the new money on the books imo.. There is a difference between distribution and issuance. The latter part is where the exchange rate gets applied. imo.
10-28-2022 Newshound Guru Samson Article: "Washington congratulates Al-Sudani: The Iraqi people deserve an economic opportunity and an end to corruption" "US Ambassador: We look forward to working with the new Iraqi government during this pivotal stage"
10-28-2022 Intel Guru Bruce [via WiserNow] I think we're in a pretty good place right now... last night, we picked up some information from five of the very highest of the high sources...they're the very top of the food chain in terms of orchestrating this RV ok... Saturday or Sunday - we should have a new internationally known Iraqi dinar rate. Now probably the international rate is going to be the same as the so called in country rate. We know what it is. It's very good. And we also know that the rate that we are going to see on the screens in the redemption centers that will be the best rates. We know that will be good.
10-28-2022 Intel Guru Frank26 Question [reference to Frank's Post 10-27-2022 below]: "How long at 1200 till $1.20?" That's not the right question to ask. This is a speculative investment. That's the twenty five thousand question...no body knows...
10-28-2022 Newshound Guru Pimpy You're seeing an increase in the purchase of Iraqi dinar (think supply and demand) and it's causing the value to go up just a little bit. Not a lot but just a little bit...if they were able to get onto Forex just on speculation alone that currency would jump up in value. So all the talk about the Iraqi dinar, the rate change, everything else whether it's an article or not is all speculation until they actually do it...as soon as...the government...starts getting down to business we'll see how sincere they are about changing the rate... [Post 2 of 2]
10-28-2022 Newshound Guru Pimpy People are still talking about the Iraqi dinar and the chitter chatter about their rate change. We had another article come out saying that it's caused a lot of problems. That there's no proof out there that the rate change is going to happen even though members of the House of Representatives have come out and spoke saying that that's the goal... [Post 1 of 2....staytuned]
10-28-2022 Newshound Guru Jeff What happened today [yesterday] was amazing...today was Kazemi's last day as the Prime Minister. He finished his term and he gave a farewell speech saying goodbye and wishing them the best of luck and gave some advice...the formation of the government is done now.
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10-28-2022 Newshound Guru Kaperoni Parliament held a session in Iraq today [yesterday] and confirmed Al-Sudani's new cabinet. So its official Iraq has a new government.
10-28-2022 Intel Guru MarkZ [via PDK] [What will the rate of the dong be?] I was hearing $2.25 or so…Now I am hearing it could be in the $3 range. I hope that is accurate.
10-28-2022 Newshound/Intel Guru Mnt Goat I need to cover something that was told to me almost a year ago and that is about the timing of the RV. In this news from my CBI contact I was told that they were working on the project to delete the zeros followed up with the reinstatement of the IQD. They said they had concerns about the election and they were going to wait until they see how the elections turn out to get the stability they needed... Will the CBI then act upon its said goals of completing the currency reform? The timing could not be any better as they would have to conduct the project to delete the zeros in the next couple months to get ready for a January 2023 reinstatement back to FOREX...
10-28-2022 Intel Guru Frank26 Don't pay attention to anybody that tells you, 'they're not going to raise the value! They're not coming out with the new currency! They're not going to change the exchange rate!' What's...causing confusion? It's when they [the CBI] say there is no intention...to change the dollar exchange rate against the Iraqi dinar...That is 100% true. The CBI cannot change the rate of the U.S. dollar against the dinar. But it can change the dinar rate against the dollar. People are just confused...Don't be misled...
10-28-2022 Newshound Guru MilitiaMan Article: "Will the price of the dinar change against the dollar?" We can all see that returning to the old price is the same as the past official exchange rate. They printed new money in 2018, they imo have distributed new money to where it will be needed internally and externally and the last part of the reforms is to seat the government cabinet... whereby, they can "issue" the new money on the books imo.. There is a difference between distribution and issuance. The latter part is where the exchange rate gets applied. imo.
10-28-2022 Newshound Guru Samson Article: "Washington congratulates Al-Sudani: The Iraqi people deserve an economic opportunity and an end to corruption" "US Ambassador: We look forward to working with the new Iraqi government during this pivotal stage"
10-28-2022 Intel Guru Bruce [via WiserNow] I think we're in a pretty good place right now... last night, we picked up some information from five of the very highest of the high sources...they're the very top of the food chain in terms of orchestrating this RV ok... Saturday or Sunday - we should have a new internationally known Iraqi dinar rate. Now probably the international rate is going to be the same as the so called in country rate. We know what it is. It's very good. And we also know that the rate that we are going to see on the screens in the redemption centers that will be the best rates. We know that will be good.
10-28-2022 Intel Guru Frank26 Question [reference to Frank's Post 10-27-2022 below]: "How long at 1200 till $1.20?" That's not the right question to ask. This is a speculative investment. That's the twenty five thousand question...no body knows...
10-28-2022 Newshound Guru Pimpy You're seeing an increase in the purchase of Iraqi dinar (think supply and demand) and it's causing the value to go up just a little bit. Not a lot but just a little bit...if they were able to get onto Forex just on speculation alone that currency would jump up in value. So all the talk about the Iraqi dinar, the rate change, everything else whether it's an article or not is all speculation until they actually do it...as soon as...the government...starts getting down to business we'll see how sincere they are about changing the rate... [Post 2 of 2]
10-28-2022 Newshound Guru Pimpy People are still talking about the Iraqi dinar and the chitter chatter about their rate change. We had another article come out saying that it's caused a lot of problems. That there's no proof out there that the rate change is going to happen even though members of the House of Representatives have come out and spoke saying that that's the goal... [Post 1 of 2....staytuned]
10-28-2022 Newshound Guru Jeff What happened today [yesterday] was amazing...today was Kazemi's last day as the Prime Minister. He finished his term and he gave a farewell speech saying goodbye and wishing them the best of luck and gave some advice...the formation of the government is done now.
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10-28-2022 Newshound Guru Kaperoni Parliament held a session in Iraq today [yesterday] and confirmed Al-Sudani's new cabinet. So its official Iraq has a new government.
10-28-2022 Intel Guru MarkZ [via PDK] [What will the rate of the dong be?] I was hearing $2.25 or so…Now I am hearing it could be in the $3 range. I hope that is accurate.
10-28-2022 Newshound/Intel Guru Mnt Goat I need to cover something that was told to me almost a year ago and that is about the timing of the RV. In this news from my CBI contact I was told that they were working on the project to delete the zeros followed up with the reinstatement of the IQD. They said they had concerns about the election and they were going to wait until they see how the elections turn out to get the stability they needed... Will the CBI then act upon its said goals of completing the currency reform? The timing could not be any better as they would have to conduct the project to delete the zeros in the next couple months to get ready for a January 2023 reinstatement back to FOREX...
10-27-2022 Intel Guru MarkZ [via PDK] Let’s start in Iraq tonight “Iraq’s Parliament approves new government: PM’s office.“ This is huge news...The take away is Iraq made enormous progress today. Which is needed …and they are openly talking about the change in rate.
10-27-2022 Intel Guru Frank26 FIREFlY continues: ...as soon as you see that he is thinking we are on the right track. We wish for more but this is probably what's going to go down... FRANK: Concerning the rate 1200...your bank friend is absolutely correct. That is the next stage in the monetary reform to take the exchange rate to this level...because they can come out at $1.20 or they can take it to 1 to 1 but because the American dollar sucks...the Iraqi dinar does not want to be pulled down any further with the American dollar value. Therefore a $1.20 is being considered instead of $1... [Post 2 of 2]
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10-27-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank guy...he says we will see the push back to 1200 very soon but after that we will wait to see the effect this has on the economy and then he guesses after another quarter they will gradually increase probably in 2023 and see what effect is then too and follow the same time frame from there...another small increase. This is the best he feels we will see so watch for the 1200 to come into play... [Post 1 of 2....stay tuned]
10-27-2022 Newshound Guru Militiaman Article: "In the document.. Parliamentary signatures to restore the dollar exchange rate" Looks like they are making headway gathering signatures for the country and the government to be ready for the next move. Seat the government and issue currency publicly. 1190 was not a previous official rate. The demonstrators are getting antsy.. I would think that the Gov is on notice... Get seated or get left out.. imo..
10-27-2022 Intel Guru MarkZ [via PDK] There are a number of pieces of information you all need to think about and not become “Chicken Little”. ...you are not going to have to go to Iraq to exchange. This will not be an issue ... Another thing that has you guys worried…a recycled article that we have seen now 4 times minimum about them not being prepared to increase the rate yet because of a possibility of affecting the economy …Guys…verbatim and word for word you can find that article recycled whenever we are close. There were similar articles when they were close in Kuwait. Even one released the same morning they RV’d. This is totally smoke...We are in a phenomenal position right now.
10-27-2022 Newshound Guru Kaperoni Guru Pimpy insists Iraq is going to raise the dinar value but he is wrong. Nobody has any authority over the Central Bank of Iraq including parliament.
10-27-2022 Newshound Guru Sandy Ingram Big news and is one of the reasons we believe Iraq will come full circle and revalue their currency. Their actions say international connection. Article "Iraq is building the largest port in the Middle East and it will be one of the largest ports in the world when completed...rival the Suez Canal in Egypt...
10-27-2022 Newshound Guru Clare Article: "The House of Representatives grants confidence to the Sudanese cabinet" "Al-Sudani: Our cabinet has won the confidence of the House of Representatives"
10-27-2022 Intel Guru MarkZ [via PDK] Like I mentioned last night…I do have a bond contact that received 100% of their money. [What does this bond deal mean for us?] It means things are moving... They have to settle out historic debts and we always were told that historic bonds would go first...I believe its rolling out like the original design. So seeing a bond paid in full is a major mile marker for the completion of our reset.
10-27-2022 Newshound Guru Pimpy I think the first move is going to be to restore the dinar to its previous exchange rate...they're saying 1200 dinars for every dollar...The real question is going to be how long until they do it again. My guess is they're going to wait somewhere around 90 days to see what kind of effect it has on Iraq and the economy as a whole. If it doesn't look like it's doing too much damage I think they you can expect another increase at the beginning of next year...and a possible second increase in the year 2023. How much of an increase really depends on how the economy is affected over in Iraq and what's going on globally...
10-27-2022 Intel Guru Frank26 It seems like week after week, month after month we've been waiting for them to sit their government. I believe deep in my heart we're in a position where they're about to do that. In fact we've told you over and over again that the only thing that we're looking for is for an announced already seated and already functioning government...they say they're going to have it very soon. Probably this weekend.
10-27-2022 Newshound Guru Jeff Today is a critical day for Iraq and our investment. Article: "Deputy: Parliament will vote on 70% of the Sudanese booth today" That's approximately 16 out of 22 ministries will be voted on...they'll be voting on that cabinet around 6pm later today their time. Iraq is sitting at 95% ready to revalue. They're right at that finish line. They're ready to almost do this. Once they vote and complete that government they will have met the central bank's requirements 100% to be eligible to revalue the currency.
10-27-2022 Newshound Guru Samson Article "The House of Representatives sets six in the evening as a date for voting on the ministerial curriculum and cabinet"
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10-27-2022 Newshound Guru MilitiaMan ...Lets see what the next couple of days bring us... From the looks of it there is serious anticipation for the GOI to have a vote on the cabinet.. There are side bar things that are going on in the Middle east starting tomorrow...Of which has implications to Viet Nam imo as well... The middle east and emerging markets are going to explode again into next year. Much is likely to hinge on what we see in the short term.. Follow the money...
10-27-2022 Intel Guru Frank26 FIREFlY continues: ...as soon as you see that he is thinking we are on the right track. We wish for more but this is probably what's going to go down... FRANK: Concerning the rate 1200...your bank friend is absolutely correct. That is the next stage in the monetary reform to take the exchange rate to this level...because they can come out at $1.20 or they can take it to 1 to 1 but because the American dollar sucks...the Iraqi dinar does not want to be pulled down any further with the American dollar value. Therefore a $1.20 is being considered instead of $1... [Post 2 of 2]
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10-27-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank guy...he says we will see the push back to 1200 very soon but after that we will wait to see the effect this has on the economy and then he guesses after another quarter they will gradually increase probably in 2023 and see what effect is then too and follow the same time frame from there...another small increase. This is the best he feels we will see so watch for the 1200 to come into play... [Post 1 of 2....stay tuned]
10-27-2022 Newshound Guru Militiaman Article: "In the document.. Parliamentary signatures to restore the dollar exchange rate" Looks like they are making headway gathering signatures for the country and the government to be ready for the next move. Seat the government and issue currency publicly. 1190 was not a previous official rate. The demonstrators are getting antsy.. I would think that the Gov is on notice... Get seated or get left out.. imo..
10-27-2022 Intel Guru MarkZ [via PDK] There are a number of pieces of information you all need to think about and not become “Chicken Little”. ...you are not going to have to go to Iraq to exchange. This will not be an issue ... Another thing that has you guys worried…a recycled article that we have seen now 4 times minimum about them not being prepared to increase the rate yet because of a possibility of affecting the economy …Guys…verbatim and word for word you can find that article recycled whenever we are close. There were similar articles when they were close in Kuwait. Even one released the same morning they RV’d. This is totally smoke...We are in a phenomenal position right now.
10-27-2022 Newshound Guru Kaperoni Guru Pimpy insists Iraq is going to raise the dinar value but he is wrong. Nobody has any authority over the Central Bank of Iraq including parliament.
10-27-2022 Newshound Guru Sandy Ingram Big news and is one of the reasons we believe Iraq will come full circle and revalue their currency. Their actions say international connection. Article "Iraq is building the largest port in the Middle East and it will be one of the largest ports in the world when completed...rival the Suez Canal in Egypt...
10-27-2022 Newshound Guru Clare Article: "The House of Representatives grants confidence to the Sudanese cabinet" "Al-Sudani: Our cabinet has won the confidence of the House of Representatives"
10-27-2022 Intel Guru MarkZ [via PDK] Like I mentioned last night…I do have a bond contact that received 100% of their money. [What does this bond deal mean for us?] It means things are moving... They have to settle out historic debts and we always were told that historic bonds would go first...I believe its rolling out like the original design. So seeing a bond paid in full is a major mile marker for the completion of our reset.
10-27-2022 Newshound Guru Pimpy I think the first move is going to be to restore the dinar to its previous exchange rate...they're saying 1200 dinars for every dollar...The real question is going to be how long until they do it again. My guess is they're going to wait somewhere around 90 days to see what kind of effect it has on Iraq and the economy as a whole. If it doesn't look like it's doing too much damage I think they you can expect another increase at the beginning of next year...and a possible second increase in the year 2023. How much of an increase really depends on how the economy is affected over in Iraq and what's going on globally...
10-27-2022 Intel Guru Frank26 It seems like week after week, month after month we've been waiting for them to sit their government. I believe deep in my heart we're in a position where they're about to do that. In fact we've told you over and over again that the only thing that we're looking for is for an announced already seated and already functioning government...they say they're going to have it very soon. Probably this weekend.
10-27-2022 Newshound Guru Jeff Today is a critical day for Iraq and our investment. Article: "Deputy: Parliament will vote on 70% of the Sudanese booth today" That's approximately 16 out of 22 ministries will be voted on...they'll be voting on that cabinet around 6pm later today their time. Iraq is sitting at 95% ready to revalue. They're right at that finish line. They're ready to almost do this. Once they vote and complete that government they will have met the central bank's requirements 100% to be eligible to revalue the currency.
10-27-2022 Newshound Guru Samson Article "The House of Representatives sets six in the evening as a date for voting on the ministerial curriculum and cabinet"
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10-27-2022 Newshound Guru MilitiaMan ...Lets see what the next couple of days bring us... From the looks of it there is serious anticipation for the GOI to have a vote on the cabinet.. There are side bar things that are going on in the Middle east starting tomorrow...Of which has implications to Viet Nam imo as well... The middle east and emerging markets are going to explode again into next year. Much is likely to hinge on what we see in the short term.. Follow the money...
10-26-2022 Intel Guru MarkZ [via PDK] There is one piece that’s a huge “tell” as to where we are at today. I can now tell you with great certainty that I know a bond person with 100% of their money. This is exciting news to me. I don’t know what that means for us “timing-wise” yet…Earlier it was a rumor and it has now been confirmed. I feel very confident telling you the process has started...
10-26-2022 Newshound Guru Pimpy They've already made it clear as day they were going to change the rate. As a matter of fact even Sadr, one of his campaign promises was to change the rate at least back to the old rate. We more likely are going to see the rate change go back to 1190 dinars to start with and then over time slowly build back up.
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10-26-2022 Newshound Guru Militiaman [Response to Gurus Samson & Nader Exchange Rate Articles below] ...Rehashed articles about not changing the exchange rate...when they clearly have every intention of doing so...They printed new notes in 2018 to the tune of $500 million real close, it is the Governments program to new currency issuance and therefore, the date of the cabinet not disclosed consistently is used to keep those in expectation of that at bay until the final moment..imo...
10-26-2022 Newshound Guru Samson Article "The central bank resolves the controversy over the dollar exchange rate plan" Quote "...the central bank...does not intend to change the value of the dollar...changes...will create a state of instability...and increase speculative activity in the currency...With regard to the negative impact of the current dollar exchange rate on people’s livelihoods, especially for the poor, the central bank believes that the government can...improve food stamps to mitigate the consequences of dollar appreciation instead of returning it to its old value."
10-26-2022 Intel Guru MarkZ [via PDK] My last update is they are now expecting a rate of $4.83 at the street level…i have always been told we should make more than that in the “oil for dinar” contract. But this higher street rate is good news for the Iraqi people…if this figure holds solid.
10-26-2022 Newshound Guru Kaperoni Article from the central bank about reducing the exchange rate - [Thinking] it's an indication of a significant increase. Wrong, they were only talking about restoring it back to what it was a year and a half ago from 1460 back to 1170...There will be no reduction in the exchange rate in the near future. Parliament can talk about it all day long but it's not happening.
10-26-2022 Intel Guru Bruce [via WiserNow] ...we're getting from the sources that are very high up and very close...to the transaction itself, of our exchanges are saying that we in tier 4B...that's our internet group - should be notified...before noon tomorrow [Wednesday]...if it's late coming in tomorrow for some reason, we would set appointments and start Thursday... I'm excited about that. But the good news is we are hearing from Iraq...certain transactions...the rates are moving up - and we know that certain Iraqi citizens are being able to exchange through ATMs even here in the United States...I think that shows that we're very close ourselves.
10-26-2022 Newshound Guru Sandy Ingram We as investors must prepare ourselves for travel and even then travel may not be enough. In order to open a bank account in Iraq you need an Iraqi ID. You cannot just go and open a bank account and I haven't found anywhere online where I or you could open a bank account. I am looking into other ways but it looks bleak. We may need honest Iraqi people to help us... [Post 2 of 2]
10-26-2022 Newshound Guru Sandy Ingram We know there are 3 countries where we can go and exchange the Iraqi dinar - In Iraq at the Central Bank of Iraq, Kuwait...and Jordan...When Kuwait revalued their currency after the invasion of Kuwait by Iraq they did something that concerns us greatly. They only allowed the old Kuwaiti currency to be exchanged at banks in Kuwait. This...excluded people who were not Kuwaiti citizens from the currency exchange to the new currency...it only seems logical Iraq may do the same thing. [Post 1 of 2...stay tuned]
10-26-2022 Intel Guru MarkZ [via PDK] in Iraq it does appear there are some updated values for in-country. It appears Iraq is trying to pull more dinar off the streets. Rates went from a 1450 to 1200 as an interim step as they unpeg and try to pull more dinar off the streets in preparation of a higher value. That is what a banking contact is telling me. They have sucked up trillions now from circulation.
10-26-2022 Guru Nader From The Mid East This article coming this morning in the news... "Parliament Finance Committee, Nermin Maarouf confirmed the Central Bank of Iraq has no intention of changing the exchange rate of the dinar against the U.S. dollar."
10-26-2022 Newshound Guru MilitiaMan ...Look at the amounts of assets Iraq has. Not to mention the new electronic system in place is returning 100s of billions of dinars... All of this supports massive value for the exchange rate change success.. imo
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10-26-2022 Newshound Guru Samson Article: "Iraq's export of its oil in the form of derivatives instead of crude... It will bring in 60% more revenues, to achieve $15 billion per month" Quote: "if Iraq refines all the barrels of oil that it exports at the present time...and exports them in the form of derivatives instead of exporting them as crude oil, Iraq's daily revenues will reach 495 million dollars, or about 15 billion dollars per month, but when exported as crude oil Its revenue will be approximately $297 million per day, or less than $9 billion per month."
10-26-2022 Newshound Guru Pimpy They've already made it clear as day they were going to change the rate. As a matter of fact even Sadr, one of his campaign promises was to change the rate at least back to the old rate. We more likely are going to see the rate change go back to 1190 dinars to start with and then over time slowly build back up.
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10-26-2022 Newshound Guru Militiaman [Response to Gurus Samson & Nader Exchange Rate Articles below] ...Rehashed articles about not changing the exchange rate...when they clearly have every intention of doing so...They printed new notes in 2018 to the tune of $500 million real close, it is the Governments program to new currency issuance and therefore, the date of the cabinet not disclosed consistently is used to keep those in expectation of that at bay until the final moment..imo...
10-26-2022 Newshound Guru Samson Article "The central bank resolves the controversy over the dollar exchange rate plan" Quote "...the central bank...does not intend to change the value of the dollar...changes...will create a state of instability...and increase speculative activity in the currency...With regard to the negative impact of the current dollar exchange rate on people’s livelihoods, especially for the poor, the central bank believes that the government can...improve food stamps to mitigate the consequences of dollar appreciation instead of returning it to its old value."
10-26-2022 Intel Guru MarkZ [via PDK] My last update is they are now expecting a rate of $4.83 at the street level…i have always been told we should make more than that in the “oil for dinar” contract. But this higher street rate is good news for the Iraqi people…if this figure holds solid.
10-26-2022 Newshound Guru Kaperoni Article from the central bank about reducing the exchange rate - [Thinking] it's an indication of a significant increase. Wrong, they were only talking about restoring it back to what it was a year and a half ago from 1460 back to 1170...There will be no reduction in the exchange rate in the near future. Parliament can talk about it all day long but it's not happening.
10-26-2022 Intel Guru Bruce [via WiserNow] ...we're getting from the sources that are very high up and very close...to the transaction itself, of our exchanges are saying that we in tier 4B...that's our internet group - should be notified...before noon tomorrow [Wednesday]...if it's late coming in tomorrow for some reason, we would set appointments and start Thursday... I'm excited about that. But the good news is we are hearing from Iraq...certain transactions...the rates are moving up - and we know that certain Iraqi citizens are being able to exchange through ATMs even here in the United States...I think that shows that we're very close ourselves.
10-26-2022 Newshound Guru Sandy Ingram We as investors must prepare ourselves for travel and even then travel may not be enough. In order to open a bank account in Iraq you need an Iraqi ID. You cannot just go and open a bank account and I haven't found anywhere online where I or you could open a bank account. I am looking into other ways but it looks bleak. We may need honest Iraqi people to help us... [Post 2 of 2]
10-26-2022 Newshound Guru Sandy Ingram We know there are 3 countries where we can go and exchange the Iraqi dinar - In Iraq at the Central Bank of Iraq, Kuwait...and Jordan...When Kuwait revalued their currency after the invasion of Kuwait by Iraq they did something that concerns us greatly. They only allowed the old Kuwaiti currency to be exchanged at banks in Kuwait. This...excluded people who were not Kuwaiti citizens from the currency exchange to the new currency...it only seems logical Iraq may do the same thing. [Post 1 of 2...stay tuned]
10-26-2022 Intel Guru MarkZ [via PDK] in Iraq it does appear there are some updated values for in-country. It appears Iraq is trying to pull more dinar off the streets. Rates went from a 1450 to 1200 as an interim step as they unpeg and try to pull more dinar off the streets in preparation of a higher value. That is what a banking contact is telling me. They have sucked up trillions now from circulation.
10-26-2022 Guru Nader From The Mid East This article coming this morning in the news... "Parliament Finance Committee, Nermin Maarouf confirmed the Central Bank of Iraq has no intention of changing the exchange rate of the dinar against the U.S. dollar."
10-26-2022 Newshound Guru MilitiaMan ...Look at the amounts of assets Iraq has. Not to mention the new electronic system in place is returning 100s of billions of dinars... All of this supports massive value for the exchange rate change success.. imo
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10-26-2022 Newshound Guru Samson Article: "Iraq's export of its oil in the form of derivatives instead of crude... It will bring in 60% more revenues, to achieve $15 billion per month" Quote: "if Iraq refines all the barrels of oil that it exports at the present time...and exports them in the form of derivatives instead of exporting them as crude oil, Iraq's daily revenues will reach 495 million dollars, or about 15 billion dollars per month, but when exported as crude oil Its revenue will be approximately $297 million per day, or less than $9 billion per month."
10-25-2022 Newshound Guru Pimpy If I remember correctly they said they had no intentions on changing the exchange rate for 5 years. But that was back in February...What has changed since February? The government. Their intentions were to stay with the white papers, do the reform...Since then Maliki and the coordinating framework have taken control and they are building the government right now. That whole 'waiting 5 years' is out the door. We know this because we've seen articles within the past 2/3 weeks where they said they're going to change the exchange rate. We know they're going to do it. And it ain't going to be 5 years from now...
10-25-2022 Newshound Guru Kaperoni It is of my opinion this is how the dinar will rise in value.. gradually. And in doing so this will be the way that the zeros will slowly go away. By the issuing lower denomination currency as needed as the value of the dinar increases.
10-25-2022 Newshound Guru Breitling Question: "Is Warka back on board? Can we connect with them?" They are not back on board. Remember Warka is a Sunni bank. It's a Sunni family. The Shia want to control it. There's a fight going over who's gong control it. Nobody wants to destroy it. Nobody wants to get rid of it...In the end, not the institution of Warka but how it's going to function is still in the hand of the CBI. I have complete confidence in the CBI because that's one of the number one banks... nothing is about to get shut down...
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10-25-2022 Newshound/Intel Guru Mnt Goat I have told you...that the QFS [Quantum Financial System] has the new IQD rate within it as well as many other currency rates. The IQD is at about a $4.80+ rate USD. This rate applies to exchanges outside of Iraq...So, what is the good news then about this? It does tell us that the QFS now allows the IQD to be reinstated at the new rate but that this still has to be approved but can now be accomplished and is a reality…finally! It also tells us we are extremely close!
10-25-2022 Guru Nader From The Mid East The voting of the prime minister Sudani, it's not a bad thing...the world is watching...besides Maliki, nobody in Iraq is pro Iranian. Iran is Iran. Iraq is Iraq...After all Sudani is not gonna be bad. He's not pro Iranian. He works for a crook, yeah which is Maliki yes...Sudani is not a bad guy. He's just worked or still working maybe for a crook, which is Maliki. I think he's gonna work for the Iraqi people a lot.
10-25-2022 Intel Guru MarkZ [via PDK] I am hearing really fantastic stuff from all around the world...My contacts in Iraq are hopeful that before their day ends today they will have a seated government …
10-25-2022 Newshound Guru Pimpy I hear all the buzz. I knew this was coming. I said it was coming. I know people were saying otherwise but if Maliki took control of the government you could start to see increases in Iraqi dinar...there were two articles today that were talking on the restoration of the exchange rate...against the U.S. dollar...the first move is going to go to the previous exchange rate.
10-25-2022 Newshound/Intel Guru Walkingstick [via Frank26] These banks [CBI satellite banks] are in position. Their job is to pick up the remaining 3-zeros that the CBI has not been able to retrieve. It's brilliant...not all of these banks have opened but they are opening. Walkingstick's friend has already opened theirs. They are now in position to welcome Iraqi citizens that may have 3-zero notes that they took with them when they fled...They'll be trading them in for the international rate because they're outside of Iraq. Basically they're investors like you...
10-25-2022 Newshound Guru Samson Article: "Deputy: An upcoming parliamentary hosting of the Governor of the Central Bank and the Minister of Finance regarding the reduction of the exchange rate" Quote: "...signatures of more than 50 deputies were collected to host the governor of the Central Bank and the Minister of Finance in the new government in order to put pressure on reducing the exchange rate, even if it was in stages or gradually."
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10-25-2022 Newshound Guru MilitiaMan Article: "Deputy: An upcoming parliamentary hosting of the Governor of the Central Bank and the Minister of Finance regarding the reduction of the exchange rate" The CBI Governor and the Finance Minister hosted a meeting on the exchange rate change. The call to get 50 signatures for reduce the exchange rate back to an official rate have been collected. The exchange rate change is on the table within days apparently... It is the Governments job to issue currency and it is the CBIs job to issue an exchange rate with the approval of the Finance Ministry... The amount of data out today on this matter is awesome...imo...
10-25-2022 Newshound Guru Kaperoni It is of my opinion this is how the dinar will rise in value.. gradually. And in doing so this will be the way that the zeros will slowly go away. By the issuing lower denomination currency as needed as the value of the dinar increases.
10-25-2022 Newshound Guru Breitling Question: "Is Warka back on board? Can we connect with them?" They are not back on board. Remember Warka is a Sunni bank. It's a Sunni family. The Shia want to control it. There's a fight going over who's gong control it. Nobody wants to destroy it. Nobody wants to get rid of it...In the end, not the institution of Warka but how it's going to function is still in the hand of the CBI. I have complete confidence in the CBI because that's one of the number one banks... nothing is about to get shut down...
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10-25-2022 Newshound/Intel Guru Mnt Goat I have told you...that the QFS [Quantum Financial System] has the new IQD rate within it as well as many other currency rates. The IQD is at about a $4.80+ rate USD. This rate applies to exchanges outside of Iraq...So, what is the good news then about this? It does tell us that the QFS now allows the IQD to be reinstated at the new rate but that this still has to be approved but can now be accomplished and is a reality…finally! It also tells us we are extremely close!
10-25-2022 Guru Nader From The Mid East The voting of the prime minister Sudani, it's not a bad thing...the world is watching...besides Maliki, nobody in Iraq is pro Iranian. Iran is Iran. Iraq is Iraq...After all Sudani is not gonna be bad. He's not pro Iranian. He works for a crook, yeah which is Maliki yes...Sudani is not a bad guy. He's just worked or still working maybe for a crook, which is Maliki. I think he's gonna work for the Iraqi people a lot.
10-25-2022 Intel Guru MarkZ [via PDK] I am hearing really fantastic stuff from all around the world...My contacts in Iraq are hopeful that before their day ends today they will have a seated government …
10-25-2022 Newshound Guru Pimpy I hear all the buzz. I knew this was coming. I said it was coming. I know people were saying otherwise but if Maliki took control of the government you could start to see increases in Iraqi dinar...there were two articles today that were talking on the restoration of the exchange rate...against the U.S. dollar...the first move is going to go to the previous exchange rate.
10-25-2022 Newshound/Intel Guru Walkingstick [via Frank26] These banks [CBI satellite banks] are in position. Their job is to pick up the remaining 3-zeros that the CBI has not been able to retrieve. It's brilliant...not all of these banks have opened but they are opening. Walkingstick's friend has already opened theirs. They are now in position to welcome Iraqi citizens that may have 3-zero notes that they took with them when they fled...They'll be trading them in for the international rate because they're outside of Iraq. Basically they're investors like you...
10-25-2022 Newshound Guru Samson Article: "Deputy: An upcoming parliamentary hosting of the Governor of the Central Bank and the Minister of Finance regarding the reduction of the exchange rate" Quote: "...signatures of more than 50 deputies were collected to host the governor of the Central Bank and the Minister of Finance in the new government in order to put pressure on reducing the exchange rate, even if it was in stages or gradually."
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10-25-2022 Newshound Guru MilitiaMan Article: "Deputy: An upcoming parliamentary hosting of the Governor of the Central Bank and the Minister of Finance regarding the reduction of the exchange rate" The CBI Governor and the Finance Minister hosted a meeting on the exchange rate change. The call to get 50 signatures for reduce the exchange rate back to an official rate have been collected. The exchange rate change is on the table within days apparently... It is the Governments job to issue currency and it is the CBIs job to issue an exchange rate with the approval of the Finance Ministry... The amount of data out today on this matter is awesome...imo...
10-24-2022 Newshound Guru Pimpy People want me to go ahead and predict the rate. Well we don't do dates and rates here but if I was a betting man I'm gonna guess that the first step is they reinstate the Iraqi dinar to its former value. So instead of getting1450 dinar for ever dollar, you're going to only be able to get 1190 dinars. And that's good. The lower that number gets the better it is for us. That means our dinar becomes more valuable against the U.S. dollar...
10-24-2022 Intel Guru Frank26 Article: "Economist: 25 trillion dinars is the cost of reducing the dollar exchange rate". THEY TALK ABOUT CHANGING THE EXCHANGE RATE... BECAUSE THEY ARE.
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10-24-2022 Newshound Guru Sandy Ingram ...Good news from the IMF. According to the recently published World Economic Outlook...Iraq's economy is forecast to grow by 9.3% this year, giving it the fastest real GDP growth of all the Middle East and Central Asian countries...
10-24-2022 Newshound Guru Samson Article: "In the document... Parliamentary signatures to restore the dollar exchange rate" Quote: "A number of members of the Iraqi Council of Representatives demanded the inclusion of the voting paragraph on restoring the exchange rate of the US dollar against the Iraqi dinar to its previous official rate."
10-24-2022 Newshound Guru Pimpy I can tell you this... Once this government is formed we can pay attention to what Maliki is going to do when it comes to the exchange rate fairly quick. Now whether it's a big jump or not nobody knows. Just cross your fingers and we'll see what happens...
10-24-2022 Intel Guru MarkZ [via PDK] If you pay attention to speeches , texts by Sadr and Kazemi…they are talking about going back to the dinar rates former glory from when the rate was around $3 dollars to $1 dinar. I believe this is the rate they are talking about in that article. That they are putting together the mechanisms to do this should have you all excited. [post 2 of 2]
10-24-2022 Intel Guru MarkZ [via PDK] Most likely what Nader is referencing [reference Guru Nader's post below] is “Parliamentary direction to gradually restore the dollar exchange rate-document” I believe this article is what Nader is referencing….he is talking about the previous exchange rate in this article. 40 of the parliamentary members have signed this. They want to restore the rate to a previous level. This is where it gets a bit funky…some think it means the rate would go back to about 1200 dinar per dollar and not the massive increase we are looking for. [post 1 of 2....stay tuned]
10-24-2022 Guru Nader From The Mid East Article: "...According to an official document obtained by Sharak News Agency, entitled, "Reducing the dollar exchange rate" ...due to the repercussions of the rise in the exchange rate of the dollar against the dinar, which negatively affected the economic situation of the Iraqi family especially those with low incomes we, members of the attached list ask the Presidency of the House of Representatives to include a paragraph to reduce the dollar exchange rate and gradually return it to the previous exchange rate... [Note: Reducing the dollar is what we want to see...]
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10-24-2022 Newshound Guru MilitiaMan Article: "The Minister of Finance holds a meeting with the general managers of Iraqi government banks" Quote: "... the government banking sector was able to commit to providing the requirements to support the national economy and to spare it the negative effects of economic repercussions and international conflicts." it looks like she hit the ground running... And in an international manner...
10-24-2022 Intel Guru Frank26 Article: "Economist: 25 trillion dinars is the cost of reducing the dollar exchange rate". THEY TALK ABOUT CHANGING THE EXCHANGE RATE... BECAUSE THEY ARE.
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10-24-2022 Newshound Guru Sandy Ingram ...Good news from the IMF. According to the recently published World Economic Outlook...Iraq's economy is forecast to grow by 9.3% this year, giving it the fastest real GDP growth of all the Middle East and Central Asian countries...
10-24-2022 Newshound Guru Samson Article: "In the document... Parliamentary signatures to restore the dollar exchange rate" Quote: "A number of members of the Iraqi Council of Representatives demanded the inclusion of the voting paragraph on restoring the exchange rate of the US dollar against the Iraqi dinar to its previous official rate."
10-24-2022 Newshound Guru Pimpy I can tell you this... Once this government is formed we can pay attention to what Maliki is going to do when it comes to the exchange rate fairly quick. Now whether it's a big jump or not nobody knows. Just cross your fingers and we'll see what happens...
10-24-2022 Intel Guru MarkZ [via PDK] If you pay attention to speeches , texts by Sadr and Kazemi…they are talking about going back to the dinar rates former glory from when the rate was around $3 dollars to $1 dinar. I believe this is the rate they are talking about in that article. That they are putting together the mechanisms to do this should have you all excited. [post 2 of 2]
10-24-2022 Intel Guru MarkZ [via PDK] Most likely what Nader is referencing [reference Guru Nader's post below] is “Parliamentary direction to gradually restore the dollar exchange rate-document” I believe this article is what Nader is referencing….he is talking about the previous exchange rate in this article. 40 of the parliamentary members have signed this. They want to restore the rate to a previous level. This is where it gets a bit funky…some think it means the rate would go back to about 1200 dinar per dollar and not the massive increase we are looking for. [post 1 of 2....stay tuned]
10-24-2022 Guru Nader From The Mid East Article: "...According to an official document obtained by Sharak News Agency, entitled, "Reducing the dollar exchange rate" ...due to the repercussions of the rise in the exchange rate of the dollar against the dinar, which negatively affected the economic situation of the Iraqi family especially those with low incomes we, members of the attached list ask the Presidency of the House of Representatives to include a paragraph to reduce the dollar exchange rate and gradually return it to the previous exchange rate... [Note: Reducing the dollar is what we want to see...]
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10-24-2022 Newshound Guru MilitiaMan Article: "The Minister of Finance holds a meeting with the general managers of Iraqi government banks" Quote: "... the government banking sector was able to commit to providing the requirements to support the national economy and to spare it the negative effects of economic repercussions and international conflicts." it looks like she hit the ground running... And in an international manner...
10-23-2022 Newshound Guru Samson Article: "Parliamentary Finance talks about the fate of the dollar price in the new government" Quote: "Changing the price of the dollar from time to time has significant repercussions on the local market and the economic situation in a way. That is why we do not believe there is any direction to return the dollar exchange rate to its previous position, even by the new government during the next stage."
10-23-2022 Newshound/Intel Guru RVAlready I think the CBI, UN, and IMF have the finish line in sight, and they are in a dead run to get the RV accomplished. ...I think the CBI is ready to release the RV, once the cabinet is released.
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10-23-2022 Newshound Guru Kaperoni If and when the dinar ever goes up in value it will be based on Iraq's economic growth. The issuance of a 20K note falls in line with that. It's the beginning of the reduction of the notes sizes as the dinar begins to appreciate gradually.
10-23-2022 Newshound Guru Pimpy Understand the central bank is its own entity. It's separate than Iraqi government and they're the ones that actually determine what the exchange rate is going to be. If for some strange reason the governor of the Iraqi Central Bank feels it's necessary for a higher exchange rate than what they have they'll make the change. But they are going to have to justify it and it might be against all normal reasons why an exchange rate changes...
10-23-2022 Intel Guru Frank26 You invested in this...the math is you have to understand exactly what the float is going to do and how they'll do it. You've got to be aware of when certain denominations will be canceled and the time limit. Remember the 50? They gave you 6 months to trade them in...Be aware of the math at the bank, with the spread, fees, don't let them trick you...Be aware of the math you are now responsible for...know when to hold'm and when to fold'm because they will trick you. [Post 2 of 2]
10-23-2022 Intel Guru Frank26 As far as the exchange rate floating...you have to be responsible. You have to know when to hold them. And you have to know when to fold them. In other words give them up...You're going to have to determine that based on your needs. It may be that you want to exchange at 1 to 1. Or you may want to wait a little bit and let it float and see where it caps but you've got to be aware of that. That is the math that you are now responsible for. [Post 1 of 2....stay tuned]
10-23-2022 Newshound/Intel Guru Walkingstick [via Frank26] ...The [CBI satellite bank in US] opened...The satellite banks that have opened up around the world they are in position to collect 3-zero notes outside of Iraq's banks for their M figures. These 3-zero notes will be converted electronically into their [Iraqi citizens outside of Iraq] bank accounts. Citizens in Iraq can also trade in their 3-zero notes for electronic accounts or for the physical new small category notes in their hands as lower denoms either through the banks or through the ATM machines.
10-23-2022 Newshound Guru Samson Article: "NATO: Iraq is an element of stability in the Middle East"
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10-23-2022 Newshound/Intel Guru RVAlready I think their banks and citizens are ready to go. Every time I hear about someone in Iraq, they have been told to expect an RV soon.
10-23-2022 Newshound/Intel Guru RVAlready I think the CBI, UN, and IMF have the finish line in sight, and they are in a dead run to get the RV accomplished. ...I think the CBI is ready to release the RV, once the cabinet is released.
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10-23-2022 Newshound Guru Kaperoni If and when the dinar ever goes up in value it will be based on Iraq's economic growth. The issuance of a 20K note falls in line with that. It's the beginning of the reduction of the notes sizes as the dinar begins to appreciate gradually.
10-23-2022 Newshound Guru Pimpy Understand the central bank is its own entity. It's separate than Iraqi government and they're the ones that actually determine what the exchange rate is going to be. If for some strange reason the governor of the Iraqi Central Bank feels it's necessary for a higher exchange rate than what they have they'll make the change. But they are going to have to justify it and it might be against all normal reasons why an exchange rate changes...
10-23-2022 Intel Guru Frank26 You invested in this...the math is you have to understand exactly what the float is going to do and how they'll do it. You've got to be aware of when certain denominations will be canceled and the time limit. Remember the 50? They gave you 6 months to trade them in...Be aware of the math at the bank, with the spread, fees, don't let them trick you...Be aware of the math you are now responsible for...know when to hold'm and when to fold'm because they will trick you. [Post 2 of 2]
10-23-2022 Intel Guru Frank26 As far as the exchange rate floating...you have to be responsible. You have to know when to hold them. And you have to know when to fold them. In other words give them up...You're going to have to determine that based on your needs. It may be that you want to exchange at 1 to 1. Or you may want to wait a little bit and let it float and see where it caps but you've got to be aware of that. That is the math that you are now responsible for. [Post 1 of 2....stay tuned]
10-23-2022 Newshound/Intel Guru Walkingstick [via Frank26] ...The [CBI satellite bank in US] opened...The satellite banks that have opened up around the world they are in position to collect 3-zero notes outside of Iraq's banks for their M figures. These 3-zero notes will be converted electronically into their [Iraqi citizens outside of Iraq] bank accounts. Citizens in Iraq can also trade in their 3-zero notes for electronic accounts or for the physical new small category notes in their hands as lower denoms either through the banks or through the ATM machines.
10-23-2022 Newshound Guru Samson Article: "NATO: Iraq is an element of stability in the Middle East"
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10-23-2022 Newshound/Intel Guru RVAlready I think their banks and citizens are ready to go. Every time I hear about someone in Iraq, they have been told to expect an RV soon.
10-22-2022 Newshound/Intel Guru Mnt Goat As I told you we did have a window of opportunity coming up in January 2023 but with the issuance of the new 20,000 dinar note and this new crooked Iranian backed, puppet government being installed, I am not entirely clear on what move the CBI is going to do, if any move even. Is this maybe a smoke screen for the reinstatement to discourage investors from buying dinar in speculation of an RV in January 2023? The timing is perfect if it is. But who knows for sure. We will just have to wait for more news to find out.
10-22-2022 Newshound Guru Samson Article: "Baghdad is second in the Arab world and 52nd in the world as the most populous city" Quote: "The capital of Iraq ranked 52nd in the world with the most densely populated city, as the population of Baghdad in 2022 amounted to 7,511,920 million people, an increase of 2.58% from the year 2021...
10-22-2022 Intel Guru MarkZ [via PDK] Question [Are you redemption Center folks working this weekend?] They are on call but not at work. Other than redemption centers on call…its pretty quiet on the RV front...
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10-22-2022 Newshound Guru Kaperoni ...The central bank of Iraq stated in a news article that they are beginning to have international cooperation with banks...International cooperation between the Central Bank of Iraq and other banking partners has nothing to do with the exchange rate. It has to do with compliance to International standards.
10-22-2022 Newshound Guru Pimpy We're just waiting for the new government to be formed and we'll see what happens from there...
10-22-2022 Intel Guru MarkZ [via PDK] [is Iraq seating the new government today?] We are still waiting for news on that. My last update was they were hopeful to get it sat on Saturday...if not then it would be Monday...technically they are still in the 2 week window that they stated they would have the government seated by…window ends next Thursday I believe.
10-22-2022 Newshound Guru MilitiaMan Article: "The first foreign flight departs from Kirkuk International Airport" Looking like they are gearing for international travel... Investors will be looking for good fast, safe and reliable service from country to country... A good sign things are getting closure to internationalism...All pointing in the right direction...
10-22-2022 Newshound/Intel Guru Walkingstick [via Frank26] Even though the [new] prime minister is pro-Iranian he will push the monetary reform because Iran is dependent on the IQD...this prime minister who is pro-Iranian will benefit both sides...
10-22-2022 Newshound Guru Samson Article: "Industry announces the size of sulfur reserves in Iraq" Quote: "The sulfur reserve of 320 million tons contains sulfur rocks..."
10-22-2022 Newshound Guru Samson Article: "Baghdad is second in the Arab world and 52nd in the world as the most populous city" Quote: "The capital of Iraq ranked 52nd in the world with the most densely populated city, as the population of Baghdad in 2022 amounted to 7,511,920 million people, an increase of 2.58% from the year 2021...
10-22-2022 Intel Guru MarkZ [via PDK] Question [Are you redemption Center folks working this weekend?] They are on call but not at work. Other than redemption centers on call…its pretty quiet on the RV front...
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10-22-2022 Newshound Guru Kaperoni ...The central bank of Iraq stated in a news article that they are beginning to have international cooperation with banks...International cooperation between the Central Bank of Iraq and other banking partners has nothing to do with the exchange rate. It has to do with compliance to International standards.
10-22-2022 Newshound Guru Pimpy We're just waiting for the new government to be formed and we'll see what happens from there...
10-22-2022 Intel Guru MarkZ [via PDK] [is Iraq seating the new government today?] We are still waiting for news on that. My last update was they were hopeful to get it sat on Saturday...if not then it would be Monday...technically they are still in the 2 week window that they stated they would have the government seated by…window ends next Thursday I believe.
10-22-2022 Newshound Guru MilitiaMan Article: "The first foreign flight departs from Kirkuk International Airport" Looking like they are gearing for international travel... Investors will be looking for good fast, safe and reliable service from country to country... A good sign things are getting closure to internationalism...All pointing in the right direction...
10-22-2022 Newshound/Intel Guru Walkingstick [via Frank26] Even though the [new] prime minister is pro-Iranian he will push the monetary reform because Iran is dependent on the IQD...this prime minister who is pro-Iranian will benefit both sides...
10-22-2022 Newshound Guru Samson Article: "Industry announces the size of sulfur reserves in Iraq" Quote: "The sulfur reserve of 320 million tons contains sulfur rocks..."
10-21-2022 Intel Guru Frank26 Sadly some people I talk to simply think they are entitled to this RI. No. You are blessed to be involved in it nothing more...It doesn't belong to you...you were invited to be a part of a rate of return but this whole monetary reform is for the Iraqi citizens. It's not for you...
10-21-2022 Intel Guru MarkZ [via PDK] I am getting a lot of reports of bonds being paid in full. I do not have that from one of my personal sources…but they are getting that information as well. Hearing positive stuff from Redemption Center folks this afternoon. They do expect it to be a busy work week. I am a bit concerned at everyone pointing to this weekend for it to be done…because they are not supposed to tell us when it will happen. Some of my contacts are being very quiet. They told me they have a great NDA so cannot talk. So we will watch with great anticipation...The chatter is great but we have had great chatter before, so stay grounded.
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10-21-2022 Intel Guru Bruce [via WiserNow] ...the best information we got today from Redemption center personnel was pushing us to early next week. That's a Monday/ Tuesday start we think... we know that redemption center staff is on standby... Monday, Tuesday, is looking very solid for us...it is coming from several sources...so let’s see what that looks like especially between the weekend and...first part of next week...
10-21-2022 Newshound Guru Clare Article: "Deputy for the law: The Sudanese are facing a difficult economic test, and we will press to reduce the dollar" Quote: "The representative of the State of Law coalition, Aref Al-Hamami...revealing the collection of signatures to pressure towards reducing the exchange rates of the dollar."
10-21-2022 Newshound Guru Samson Article 1: "Officially.. Postponing the session of granting confidence to the Sudanese government until next Monday" Article 2: "President of the Republic : The government will be formed in the middle of next week"
10-21-2022 Intel Guru MarkZ [via PDK] In Iraq the new President was officially sworn in. His new government is expected next week. Possibly as early as tomorrow…but, most likely on Monday. Everything seems positive in Iraq. Things are moving.
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10-21-2022 Newshound Guru Militiaman Article: "The Deputy Minister of Finance participates in the monetary and World Bank meetings and stresses the comprehensive development" Here we have the Deputy Finance Minister in meetings with the International Monetary Fund, World Bank and the United States Treasury...All of this comes at a time when the new President and Prime Minister are elected and open to an exchange rate...There are no coincidences in this happening now. They are stressing over the issue!! They clearly have a need for the private sector to have support from everyone once they activate the new exchange rate.
10-21-2022 Intel Guru Frank26 Article: "A new currency will be introduced soon ... What is the economic feasibility of it?" THE CBI GOV PERFECTLY EXPLAINS TO THE CITIZENS THAT A NEW CURRENCY WITH A NEW EXCHANGE RATE TO MATCH IS COMING SOON!
10-21-2022 Newshound/Intel Guru Mnt Goat ...there is no other reason for not reinstating the dinar other than it is being artificially suppressed for a reason...I know with the utmost certainty that the Central Bank of Iraq cannot and will not just pop out an RV someday by total surprise at a significant rate that we want in Iraq or outside of Iraq, without first completing the currency changeover from the larger 3 zero notes to the lower of the lower denominations and coins. It is really that simple! ...We know the smaller notes are printed and the coins minted...
10-21-2022 Intel Guru MarkZ [via PDK] I am getting a lot of reports of bonds being paid in full. I do not have that from one of my personal sources…but they are getting that information as well. Hearing positive stuff from Redemption Center folks this afternoon. They do expect it to be a busy work week. I am a bit concerned at everyone pointing to this weekend for it to be done…because they are not supposed to tell us when it will happen. Some of my contacts are being very quiet. They told me they have a great NDA so cannot talk. So we will watch with great anticipation...The chatter is great but we have had great chatter before, so stay grounded.
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10-21-2022 Intel Guru Bruce [via WiserNow] ...the best information we got today from Redemption center personnel was pushing us to early next week. That's a Monday/ Tuesday start we think... we know that redemption center staff is on standby... Monday, Tuesday, is looking very solid for us...it is coming from several sources...so let’s see what that looks like especially between the weekend and...first part of next week...
10-21-2022 Newshound Guru Clare Article: "Deputy for the law: The Sudanese are facing a difficult economic test, and we will press to reduce the dollar" Quote: "The representative of the State of Law coalition, Aref Al-Hamami...revealing the collection of signatures to pressure towards reducing the exchange rates of the dollar."
10-21-2022 Newshound Guru Samson Article 1: "Officially.. Postponing the session of granting confidence to the Sudanese government until next Monday" Article 2: "President of the Republic : The government will be formed in the middle of next week"
10-21-2022 Intel Guru MarkZ [via PDK] In Iraq the new President was officially sworn in. His new government is expected next week. Possibly as early as tomorrow…but, most likely on Monday. Everything seems positive in Iraq. Things are moving.
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10-21-2022 Newshound Guru Militiaman Article: "The Deputy Minister of Finance participates in the monetary and World Bank meetings and stresses the comprehensive development" Here we have the Deputy Finance Minister in meetings with the International Monetary Fund, World Bank and the United States Treasury...All of this comes at a time when the new President and Prime Minister are elected and open to an exchange rate...There are no coincidences in this happening now. They are stressing over the issue!! They clearly have a need for the private sector to have support from everyone once they activate the new exchange rate.
10-21-2022 Intel Guru Frank26 Article: "A new currency will be introduced soon ... What is the economic feasibility of it?" THE CBI GOV PERFECTLY EXPLAINS TO THE CITIZENS THAT A NEW CURRENCY WITH A NEW EXCHANGE RATE TO MATCH IS COMING SOON!
10-21-2022 Newshound/Intel Guru Mnt Goat ...there is no other reason for not reinstating the dinar other than it is being artificially suppressed for a reason...I know with the utmost certainty that the Central Bank of Iraq cannot and will not just pop out an RV someday by total surprise at a significant rate that we want in Iraq or outside of Iraq, without first completing the currency changeover from the larger 3 zero notes to the lower of the lower denominations and coins. It is really that simple! ...We know the smaller notes are printed and the coins minted...
10-20-2022 Intel Guru Frank26 ...Laws required for the monetary reform, we're not waiting for the government to be formed to pass them...No. We're waiting for the new government to be formed to use all the laws that have been passed for the monetary reform...everything is in position...
10-20-2022 Intel Guru MarkZ [via PDK] Here is a rundown of what we are hearing out of Iraq today. They did not seat their government …that is now expected on Saturday so don’t panic. Bond people have not gotten full payment yet...
10-20-2022 Newshound Guru Militiaman Article: "Deputy for the law: The Sudanese are facing a difficult economic test, and we will press to reduce the dollar" The collection of signatures is being applied to pressure in reducing the exchange rate of the dollar whereby increasing the value of the Iraq Dinar... Interesting again the mix the seating of the cabinet in with the exchange rate and the adoption of the oil and gas law...The needs of the citizens are front and center, as the oil revenues must be distributed equitably to all provinces. ~ All very timely and to the points...
10-20-2022 Newshound/Intel Guru Breitling Question: "What's the latest out of the Central Bank of Iraq?" The Central Bank of Iraq is pushing... legislature and banks to be Swift compliant. That's it. That's the language coming out of the CBI. They have one goal and one goal only. Remember at the very beginning the Ministry of Finance, the Ministry of Planning and Parliament... went to the CBI and said, 'Can you manage and get our currency back to around the $3 range?' Then all 4 of those entities went to the IMF and said, '...Is there a path to where we can get...our currency back to $3+?' It has never changed.
10-20-2022 Intel Guru MarkZ [via PDK] There is no free flow of bond dollars yet. All the bond folks are still excited. Redemption Center folks …as of yesterday afternoon believe this will be their extra busy work week next week. This is very exciting because they had not been given a good solid update in quite awhile.
10-20-2022 Newshound Guru Pimpy If you remember there was an article, it was expected that Iraq would lock in the rate that we have now 1450 dinars for every $1...for five years. With this new government taking over I don't think that's going to happen. I think the first step you're going to see at the very least is a reinstatement of the 1190 dinars for every $1...
10-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] They're trying to squeeze Maliki into the political scene of Iraq as Prime Minister because it's a back door to get him back into the GOI, into the finances. Why? Because he has never held the deputy prime minister position before...all this political BS has nothing to do with the monetary reform except for the need for a seated government...
10-20-2022 Intel Guru MarkZ [via PDK] Lets start with Iraq “CBI discusses electronic payments in Iraq” They are still well within their window as we watch them work on things. They are continuing to move forward with economic reforms, the white papers and banking changes. Today we were supposed to have a parliament presented. I am waiting on details. My last update was they were supposed to present today and put it into effect on Monday of next week.
10-20-2022 Newshound Guru Samson Article: "A new currency will be introduced soon ... What is the economic feasibility of it?" Quote: "Iraq intends to introduce a new currency on the market soon...the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, revealed an intention to present a banknote of 20 thousand dinars, while confirming that the bank has a project on raising zeros from the currency, but it needs to issue a law, especially since Deleting zeros affects the trade balance."
10-20-2022 Intel Guru Frank26 Article: "Central Bank: Changing the exchange rate will destroy the economy" This is true...but misunderstood. There's a difference between changing the exchange rate and a gradual change and that is exactly what the CBI is talking to the citizens about...they don't say they're going to change the exchange rate. They're telling the Iraqi citizens there will be a gradual change in the exchange rate...
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10-20-2022 Newshound Guru tlm724 Article: "Iraq Ranks First In The Arab World... The 10 Fastest Growing Economies In The World" Iraq was the fastest growing Arab country, as the gross domestic product accelerated by 9.3%, and ranked second in the world during 2022, followed by Kuwait and Saudi Arabia in the fourth and fifth positions globally, with a growth rate of 8.7% and 7.6%, for the current year.
10-20-2022 Intel Guru MarkZ [via PDK] Here is a rundown of what we are hearing out of Iraq today. They did not seat their government …that is now expected on Saturday so don’t panic. Bond people have not gotten full payment yet...
10-20-2022 Newshound Guru Militiaman Article: "Deputy for the law: The Sudanese are facing a difficult economic test, and we will press to reduce the dollar" The collection of signatures is being applied to pressure in reducing the exchange rate of the dollar whereby increasing the value of the Iraq Dinar... Interesting again the mix the seating of the cabinet in with the exchange rate and the adoption of the oil and gas law...The needs of the citizens are front and center, as the oil revenues must be distributed equitably to all provinces. ~ All very timely and to the points...
10-20-2022 Newshound/Intel Guru Breitling Question: "What's the latest out of the Central Bank of Iraq?" The Central Bank of Iraq is pushing... legislature and banks to be Swift compliant. That's it. That's the language coming out of the CBI. They have one goal and one goal only. Remember at the very beginning the Ministry of Finance, the Ministry of Planning and Parliament... went to the CBI and said, 'Can you manage and get our currency back to around the $3 range?' Then all 4 of those entities went to the IMF and said, '...Is there a path to where we can get...our currency back to $3+?' It has never changed.
10-20-2022 Intel Guru MarkZ [via PDK] There is no free flow of bond dollars yet. All the bond folks are still excited. Redemption Center folks …as of yesterday afternoon believe this will be their extra busy work week next week. This is very exciting because they had not been given a good solid update in quite awhile.
10-20-2022 Newshound Guru Pimpy If you remember there was an article, it was expected that Iraq would lock in the rate that we have now 1450 dinars for every $1...for five years. With this new government taking over I don't think that's going to happen. I think the first step you're going to see at the very least is a reinstatement of the 1190 dinars for every $1...
10-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] They're trying to squeeze Maliki into the political scene of Iraq as Prime Minister because it's a back door to get him back into the GOI, into the finances. Why? Because he has never held the deputy prime minister position before...all this political BS has nothing to do with the monetary reform except for the need for a seated government...
10-20-2022 Intel Guru MarkZ [via PDK] Lets start with Iraq “CBI discusses electronic payments in Iraq” They are still well within their window as we watch them work on things. They are continuing to move forward with economic reforms, the white papers and banking changes. Today we were supposed to have a parliament presented. I am waiting on details. My last update was they were supposed to present today and put it into effect on Monday of next week.
10-20-2022 Newshound Guru Samson Article: "A new currency will be introduced soon ... What is the economic feasibility of it?" Quote: "Iraq intends to introduce a new currency on the market soon...the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, revealed an intention to present a banknote of 20 thousand dinars, while confirming that the bank has a project on raising zeros from the currency, but it needs to issue a law, especially since Deleting zeros affects the trade balance."
10-20-2022 Intel Guru Frank26 Article: "Central Bank: Changing the exchange rate will destroy the economy" This is true...but misunderstood. There's a difference between changing the exchange rate and a gradual change and that is exactly what the CBI is talking to the citizens about...they don't say they're going to change the exchange rate. They're telling the Iraqi citizens there will be a gradual change in the exchange rate...
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10-20-2022 Newshound Guru tlm724 Article: "Iraq Ranks First In The Arab World... The 10 Fastest Growing Economies In The World" Iraq was the fastest growing Arab country, as the gross domestic product accelerated by 9.3%, and ranked second in the world during 2022, followed by Kuwait and Saudi Arabia in the fourth and fifth positions globally, with a growth rate of 8.7% and 7.6%, for the current year.
10-19-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ TOPS THE ARAB WORLD AMONG THE 10 FASTEST GROWING ECONOMIES IN THE WORLD" Yes, and with a currency worth only 1/6 of penny? Yes, and ranked 13th in the world in Gold Reserves and with a 90 billion dollar Central Bank reserves. How about completing the currency reform and getting the dinar reinstated for investors?
10-19-2022 Newshound/Intel Guru RVAlready Article: "Al-Kazemi: We were deprived of the freedom of the Sudanese by naming ministers, and the issue of tax secretariats do" This is a good, clarifying article on Iraq’s finances, some of the corruption, and who is to blame. Hopefully, the new government will proceed to eliminate corruption, and deliver the RV to the people and the international community.
10-19-2022 Intel Guru Frank26 Article: "The European Union congratulates Rashid on the election and the assignment of Al-Sudani and stresses the need to expedite the formation of the government" Everybody! Congratulations, congratulations, congratulations! If this wasn't going to succeed nobody would be saying congratulations. Nobody would be bending backwards to reach across the border to shake hands of these new leaders...leaders are being born in Iraq ...
10-19-2022 Intel Guru Bruce [via WiserNow] ...we’ve got contacts in Iraq that we do talk to...that are saying that there have been celebrations going on a few days ago. They are celebrating I believe, their new government and the prospect of a new rate, which we have heard what the new rate might be on our screens...Dr Shabibi, said that the dinar would support a rate of XX dollars 10 years ago... Dr. Shabibi was projecting something that is on the screen now...The rates are going to be very very strong... so that's a very positive thing...for us...they're essentially ready to go and... have been ready to go for quite a while.
10-19-2022 Newshound Guru Walkingstick [via Frank26] Question: "What is the procedure now that we've got the president and the prime minister how does the government get seated?" ...the next big thing you're looking for - we need Sudani to announce his government by giving us the names of his cabinet members...once we sit the government we have a budget, an exchange rate, we have a gradual increase...an un-pegging, and a controlled float. These are wonderful times that we are experiencing...
10-19-2022 Guest Guru Humble1 Article: "Civil Aviation: Iraq will soon be free from international sanctions". Quote: "...during 2019, Iraq reached the rate of passing about 75% of the testing and auditing," stressing that "Iraq will pass the remaining percentage in the near future to get out of international sanctions.." A definite move in the right direction...
10-19-2022 Intel Guru Wolverine The Engine will start this Thursday. They have given the Green Light.
10-19-2022 Intel Guru Frank26 Article "Al-Sudani presents his booth to Parliament on Thursday.. And the Kurds decide their ministries" THEY SAID 14 DAYS, THEN THEY SAID 10 DAYS, THEN THEY SAID THIS COMING MONDAY, THEN THEY SAID THURSDAY... THIS IS THE SPEED OF THE MONETARY REFORM.
10-19-2022 Newshound Guru Samson Article: "A "rumor" causes a significant drop in dollar prices in Iraq" Quote: "The rumors circulating about the new government's intention to reduce the price of the dollar against the Iraqi dinar to be 130,000 dinars for 100 dollars, and the possibility that it will be returned to its old price prompted citizens to sell their dollar banknotes. This led to a large supply compared to demand in the local markets."
10-19-2022 Newshound/Intel Guru Mnt Goat Article: "FOR THE FIRST TIME IN ITS HISTORY, BANK DEPOSITS IN THE CENTRAL BANK APPROACH 180 TRILLION DINARS" Quote: "...“The value of the issued currency remained within the barrier of 82 trillion dinars, representing 47% of the total liabilities of the Central Bank" So, again they are telling us the amount of dinar now in circulation which is 82 trillion dinars (or about 82 billion US Dollars worth.) ...they kept telling us in the past they could not get the peoples money in the banks. So now we know this is not entirely true and they are having some success in doing so and this is the proof as 180 trillion nor about 180 US Dollars in the banks is not that shabby. I would call this program VERY successful!
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10-19-2022 Newshound/Intel Guru RVAlready Article: "Al-Kazemi: We were deprived of the freedom of the Sudanese by naming ministers, and the issue of tax secretariats do" This is a good, clarifying article on Iraq’s finances, some of the corruption, and who is to blame. Hopefully, the new government will proceed to eliminate corruption, and deliver the RV to the people and the international community.
10-19-2022 Intel Guru Frank26 Article: "The European Union congratulates Rashid on the election and the assignment of Al-Sudani and stresses the need to expedite the formation of the government" Everybody! Congratulations, congratulations, congratulations! If this wasn't going to succeed nobody would be saying congratulations. Nobody would be bending backwards to reach across the border to shake hands of these new leaders...leaders are being born in Iraq ...
10-19-2022 Intel Guru Bruce [via WiserNow] ...we’ve got contacts in Iraq that we do talk to...that are saying that there have been celebrations going on a few days ago. They are celebrating I believe, their new government and the prospect of a new rate, which we have heard what the new rate might be on our screens...Dr Shabibi, said that the dinar would support a rate of XX dollars 10 years ago... Dr. Shabibi was projecting something that is on the screen now...The rates are going to be very very strong... so that's a very positive thing...for us...they're essentially ready to go and... have been ready to go for quite a while.
10-19-2022 Newshound Guru Walkingstick [via Frank26] Question: "What is the procedure now that we've got the president and the prime minister how does the government get seated?" ...the next big thing you're looking for - we need Sudani to announce his government by giving us the names of his cabinet members...once we sit the government we have a budget, an exchange rate, we have a gradual increase...an un-pegging, and a controlled float. These are wonderful times that we are experiencing...
10-19-2022 Guest Guru Humble1 Article: "Civil Aviation: Iraq will soon be free from international sanctions". Quote: "...during 2019, Iraq reached the rate of passing about 75% of the testing and auditing," stressing that "Iraq will pass the remaining percentage in the near future to get out of international sanctions.." A definite move in the right direction...
10-19-2022 Intel Guru Wolverine The Engine will start this Thursday. They have given the Green Light.
10-19-2022 Intel Guru Frank26 Article "Al-Sudani presents his booth to Parliament on Thursday.. And the Kurds decide their ministries" THEY SAID 14 DAYS, THEN THEY SAID 10 DAYS, THEN THEY SAID THIS COMING MONDAY, THEN THEY SAID THURSDAY... THIS IS THE SPEED OF THE MONETARY REFORM.
10-19-2022 Newshound Guru Samson Article: "A "rumor" causes a significant drop in dollar prices in Iraq" Quote: "The rumors circulating about the new government's intention to reduce the price of the dollar against the Iraqi dinar to be 130,000 dinars for 100 dollars, and the possibility that it will be returned to its old price prompted citizens to sell their dollar banknotes. This led to a large supply compared to demand in the local markets."
10-19-2022 Newshound/Intel Guru Mnt Goat Article: "FOR THE FIRST TIME IN ITS HISTORY, BANK DEPOSITS IN THE CENTRAL BANK APPROACH 180 TRILLION DINARS" Quote: "...“The value of the issued currency remained within the barrier of 82 trillion dinars, representing 47% of the total liabilities of the Central Bank" So, again they are telling us the amount of dinar now in circulation which is 82 trillion dinars (or about 82 billion US Dollars worth.) ...they kept telling us in the past they could not get the peoples money in the banks. So now we know this is not entirely true and they are having some success in doing so and this is the proof as 180 trillion nor about 180 US Dollars in the banks is not that shabby. I would call this program VERY successful!
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10-18-2022 Newshound Guru Samson Article: "State Administration Coalition: Saturday is the date for voting on the government"
10-18-2022 Intel Guru MarkZ [via PDK] A number of my bond people were contacted today for “Final Instructions”... This is huge. This is the first time many of them were asked these questions about final wiring and banking instructions…where and what accounts the money ends up. [From MarkZ post 10-14-2022: ...When they do get access…we will be right on their heels...] We will be watching it closely overnight into tomorrow. But i believe it has started...The chatter today has been exceptional…Let’s see if it gets us across the finish line or not. [post 2 of 2]
10-18-2022 Get Free Membership Life is unfair enough. Why should we pay more when others pay way less for the same exact thing? It shouldn't be this way. If you have not claimed your free membership and want to see what all the fuss is about it's not too late...Click here to learn more >> This is by invitation only. The latest guru post continue below...
10-18-2022 Intel Guru MarkZ [via PDK] Article: "USDA announces it will begin paying off $800 million in farm loans..." one of the things we have been looking for as a key indicator as to whether we have started or not is the cancellation of farm loans and forgiveness and farm claims...So this article dropping today...is (imo) pretty important. Especially when you couple it with the sudden chatter on the bond side... [post 1 of 2....stay tuned]
10-18-2022 Intel Guru Frank26 Article: "The coordinating framework reveals to Nina the features of the new government formation and the date of granting it confidence" They said 14 [days] then they said 10 days and I said 8 days would be enough. What did they say in this article? 8 days. Quote: "In all cases, next Monday we will have a new Iraqi government"
10-18-2022 Newshound Guru MilitiaMan Getting the purchase power is all about the citizens. My contact source "a Doctor" from Iraq tells us that the citizens are happy and expectant of a rate change...I am in a good place as I understand it to be, it is not all about Iraq.. It is far bigger than that and it is definitely underway and we see evidence...
10-18-2022 Newshound Guru Sandy Ingram I do not understand the new prime minister's designation. One news agency called him a nominee...[Another] called him a PM designate. These are high ranking news agencies so something is going on...
10-18-2022 Newshound Guru Pimpy What does this [new GOI] mean for the exchange rate? ...Maliki is most likely to be nominated to Vice President but...They're gonna find a way to maneuver him into the prime minister's position...I told you...if Maliki and his people got into power you would see an increase in the value of the Iraqi dinar. Most likely the first step is to increase it back to where it was - 1190. I do remember Maliki talking about him getting the exchange rate up to $1.12 at one time...the only question is...if they do change the exchange rate are we going to be allowed to sell our dinars? I hope so. We'll find out.
10-18-2022 Newshound Guru Samson Article: "The central bank resolves the controversy over changing the dollar exchange rate" Quote: "Central Bank Adviser Ihsan Shamran al-Yasiri said, "The Central Bank of Iraq is an independent body, and the exchange rate adjustment is done in agreement with the government, and there are now no efforts to change it..."
10-18-2022 Intel Guru MarkZ [via PDK] Still a bit quiet on the RV front…bond folks are still waiting to be paid. This surprises me based on conversations I have had with many bigwigs… I am still being told they are still getting lots of guarantees that they will have FULL access to their money…not partial…this week…and the can will not be kicked again……fingers crossed. [From MarkZ post 10-14-2022: ...When they do get access…we will be right on their heels...]
10-18-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: If soon we get one [government] seated the only thing left would be a rate change. All dots have been crossed and dotted if government formed. FRANK: The pressure from the UN and the international world allowed this to happen very quickly...
10-18-2022 Newshound Guru MilitiaMan Article: "Al-Sudani: Our government's program has made poverty alleviation a priority" Poverty is a part of the US Chamber of Commerce's Mission Statement. Well getting the HCL / Via Purchase Power will help alleviate that quickly... imo We have been seeing a lot about these meetings in Washington DC this last week and today is adding to the list of support that Iraq is going international. Lets keep an eye out for the WTO and see if they are still pushing for Iraq to be international and, "As soon as possible".. imo.
10-18-2022 Newshound/Intel Guru RVAlready If the RV wasn’t needed, the UN wouldn’t have gone to the security council, and threatened drastic action… Iraq is sitting with the IMF right now, talking over implementation details.
10-18-2022 Intel Guru MarkZ [via PDK] A number of my bond people were contacted today for “Final Instructions”... This is huge. This is the first time many of them were asked these questions about final wiring and banking instructions…where and what accounts the money ends up. [From MarkZ post 10-14-2022: ...When they do get access…we will be right on their heels...] We will be watching it closely overnight into tomorrow. But i believe it has started...The chatter today has been exceptional…Let’s see if it gets us across the finish line or not. [post 2 of 2]
10-18-2022 Get Free Membership Life is unfair enough. Why should we pay more when others pay way less for the same exact thing? It shouldn't be this way. If you have not claimed your free membership and want to see what all the fuss is about it's not too late...Click here to learn more >> This is by invitation only. The latest guru post continue below...
10-18-2022 Intel Guru MarkZ [via PDK] Article: "USDA announces it will begin paying off $800 million in farm loans..." one of the things we have been looking for as a key indicator as to whether we have started or not is the cancellation of farm loans and forgiveness and farm claims...So this article dropping today...is (imo) pretty important. Especially when you couple it with the sudden chatter on the bond side... [post 1 of 2....stay tuned]
10-18-2022 Intel Guru Frank26 Article: "The coordinating framework reveals to Nina the features of the new government formation and the date of granting it confidence" They said 14 [days] then they said 10 days and I said 8 days would be enough. What did they say in this article? 8 days. Quote: "In all cases, next Monday we will have a new Iraqi government"
10-18-2022 Newshound Guru MilitiaMan Getting the purchase power is all about the citizens. My contact source "a Doctor" from Iraq tells us that the citizens are happy and expectant of a rate change...I am in a good place as I understand it to be, it is not all about Iraq.. It is far bigger than that and it is definitely underway and we see evidence...
10-18-2022 Newshound Guru Sandy Ingram I do not understand the new prime minister's designation. One news agency called him a nominee...[Another] called him a PM designate. These are high ranking news agencies so something is going on...
10-18-2022 Newshound Guru Pimpy What does this [new GOI] mean for the exchange rate? ...Maliki is most likely to be nominated to Vice President but...They're gonna find a way to maneuver him into the prime minister's position...I told you...if Maliki and his people got into power you would see an increase in the value of the Iraqi dinar. Most likely the first step is to increase it back to where it was - 1190. I do remember Maliki talking about him getting the exchange rate up to $1.12 at one time...the only question is...if they do change the exchange rate are we going to be allowed to sell our dinars? I hope so. We'll find out.
10-18-2022 Newshound Guru Samson Article: "The central bank resolves the controversy over changing the dollar exchange rate" Quote: "Central Bank Adviser Ihsan Shamran al-Yasiri said, "The Central Bank of Iraq is an independent body, and the exchange rate adjustment is done in agreement with the government, and there are now no efforts to change it..."
10-18-2022 Intel Guru MarkZ [via PDK] Still a bit quiet on the RV front…bond folks are still waiting to be paid. This surprises me based on conversations I have had with many bigwigs… I am still being told they are still getting lots of guarantees that they will have FULL access to their money…not partial…this week…and the can will not be kicked again……fingers crossed. [From MarkZ post 10-14-2022: ...When they do get access…we will be right on their heels...]
10-18-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: If soon we get one [government] seated the only thing left would be a rate change. All dots have been crossed and dotted if government formed. FRANK: The pressure from the UN and the international world allowed this to happen very quickly...
10-18-2022 Newshound Guru MilitiaMan Article: "Al-Sudani: Our government's program has made poverty alleviation a priority" Poverty is a part of the US Chamber of Commerce's Mission Statement. Well getting the HCL / Via Purchase Power will help alleviate that quickly... imo We have been seeing a lot about these meetings in Washington DC this last week and today is adding to the list of support that Iraq is going international. Lets keep an eye out for the WTO and see if they are still pushing for Iraq to be international and, "As soon as possible".. imo.
10-18-2022 Newshound/Intel Guru RVAlready If the RV wasn’t needed, the UN wouldn’t have gone to the security council, and threatened drastic action… Iraq is sitting with the IMF right now, talking over implementation details.
10-17-2022 Intel Guru Frank26 Article: "The Central Bank of Iraq obtains an international certificate in cash management". AGAIN THE INTERNATIONAL COMMUNITY AND THE CBI ARE ONE IN THEIR GOALS.
10-17-2022 Intel Guru MarkZ [via PDK] It’s been very quiet today…My bond folks...are being told this is absolutely, undoubtedly, hands down their week and they will be at home...100% liquidity of their funds… This is important. I have gotten this from a couple different bond sources now. They are being told this is not the wolf. (boy who cried wolf) that this is it…I will keep you posted as the week develops…as to what this means for us – timing wise.
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10-17-2022 Newshound Guru Pimpy I know everybody wants some big huge increases [in the dinar rate]...you saw that Iraq was doing everything it needed to do to protect its Iraqi dinar. Their foreign reserves are at all-time high. The money they're generating from oil has seriously put them in a great position. And they've increased their gold reserves. All these steps are huge in protecting the value of your currency...the last thing you want to do is raise the rate up so high that your goods are too expensive to sell internationally and you can't compete...
10-17-2022 Newshound Guru Clare Article: "Iraq tops the list of Arab countries with economic growth for 2022" Quote: "Iraq is heading towards achieving the highest economic growth rate among the Arab countries for the year 2022 by 9.3%, half a percentage point higher than April's expectations, taking advantage of the rise in oil prices."
10-17-2022 Guru Nader From The Mid East ...The Iraqi dinar...it's not ready to change...when the CBI is ready they come out and they say okay let's change it and that's it...When they feel like the economy is strong, the private sector is strong, they're making more money than they're making now, they change. You cannot change the rate if you don't change your currency...So we wait when they're gonna change the currency to smaller currency for it to go through...they talked about it a couple of months ago and then they didn't say anything else. So we'll see...
10-17-2022 Intel Guru Frank26 Questions: "Are there going to be private banks in the Untied States?" I said...the CBI has private banks all over the world. "Will I be able to go into one of those private banks here in the United States and cash my Iraqi dinars and leave them as Iraqi dinars? That's a good question but you're cheating. Banks that come in to do business in the United States have to follow the banking laws of the international world. No it won't work that way...
10-17-2022 Intel Guru MarkZ [via PDK] Iraq is giving us all the news we need to let us know we are in a 2 week window. We are already into that 2 week window... This is important… They are giving us their timeline. The Sudani cabinet will be completed in less than 2 weeks. After months and months of stalemate- Iraq is finally making progress. We pray its sooner that 2 weeks…my bond people think it is.
10-17-2022 Newshound Guru Pimpy Yes I see they're talking about a rate change happening. No I don't think it's going to be $18. No I don't even think it's gonna be $3. The first step most likely is going to be the reinstatement of the 1190 dinars and after that depending on the impact it has on the Iraqi people and the economy you can probably start seeing small jumps here and there over time...
10-17-2022 Newshound Guru Samson Article: "Parliamentary Investment: Iraq has a financial abundance of more than 86 billion dollars" Quote: "Iraq has a financial abundance of more than 86 billion dollars and does not need aid, and thus Iraq's economic strength has become very large, as Iraq, for the first time since the establishment of the Iraqi state until now, has financial abundance that neighboring countries do not possess,"
10-17-2022 Newshound Guru Kaperoni Iraq needs a government, a parliament that passes economic laws that encourage foreign investment. Only then with the success and growth of Iraq's economy will the central bank allow the dinar to gradually rise over time.
10-17-2022 Free Membership If you have not claimed your free membership and want to see what all the fuss is about it's not too late...Here's a quick video explaining what you get for free. This is by invitation only. The latest guru post continue below...
10-17-2022 Newshound Guru MilitiaMan Article: "The Central Bank of Iraq participates in the annual meetings of the International Monetary Fund and the World Bank" ...They are readying to get this country into an international environment for trade. The likes of the World Bank, International Monetary Fund, US Treasury, American Chamber of Commerce, etc... of late are all about moving forward and apparently finalizing necessary formalities...All items are looking to be in place now or at least well underway...A good thing...imo
10-17-2022 Intel Guru MarkZ [via PDK] It’s been very quiet today…My bond folks...are being told this is absolutely, undoubtedly, hands down their week and they will be at home...100% liquidity of their funds… This is important. I have gotten this from a couple different bond sources now. They are being told this is not the wolf. (boy who cried wolf) that this is it…I will keep you posted as the week develops…as to what this means for us – timing wise.
10-17-2022 Free Membership If you have not claimed your free membership and want to see what all the fuss is about it's not too late...Here's a quick video explaining what you get for free. This is by invitation only. The latest guru post continue below...
10-17-2022 Newshound Guru Pimpy I know everybody wants some big huge increases [in the dinar rate]...you saw that Iraq was doing everything it needed to do to protect its Iraqi dinar. Their foreign reserves are at all-time high. The money they're generating from oil has seriously put them in a great position. And they've increased their gold reserves. All these steps are huge in protecting the value of your currency...the last thing you want to do is raise the rate up so high that your goods are too expensive to sell internationally and you can't compete...
10-17-2022 Newshound Guru Clare Article: "Iraq tops the list of Arab countries with economic growth for 2022" Quote: "Iraq is heading towards achieving the highest economic growth rate among the Arab countries for the year 2022 by 9.3%, half a percentage point higher than April's expectations, taking advantage of the rise in oil prices."
10-17-2022 Guru Nader From The Mid East ...The Iraqi dinar...it's not ready to change...when the CBI is ready they come out and they say okay let's change it and that's it...When they feel like the economy is strong, the private sector is strong, they're making more money than they're making now, they change. You cannot change the rate if you don't change your currency...So we wait when they're gonna change the currency to smaller currency for it to go through...they talked about it a couple of months ago and then they didn't say anything else. So we'll see...
10-17-2022 Intel Guru Frank26 Questions: "Are there going to be private banks in the Untied States?" I said...the CBI has private banks all over the world. "Will I be able to go into one of those private banks here in the United States and cash my Iraqi dinars and leave them as Iraqi dinars? That's a good question but you're cheating. Banks that come in to do business in the United States have to follow the banking laws of the international world. No it won't work that way...
10-17-2022 Intel Guru MarkZ [via PDK] Iraq is giving us all the news we need to let us know we are in a 2 week window. We are already into that 2 week window... This is important… They are giving us their timeline. The Sudani cabinet will be completed in less than 2 weeks. After months and months of stalemate- Iraq is finally making progress. We pray its sooner that 2 weeks…my bond people think it is.
10-17-2022 Newshound Guru Pimpy Yes I see they're talking about a rate change happening. No I don't think it's going to be $18. No I don't even think it's gonna be $3. The first step most likely is going to be the reinstatement of the 1190 dinars and after that depending on the impact it has on the Iraqi people and the economy you can probably start seeing small jumps here and there over time...
10-17-2022 Newshound Guru Samson Article: "Parliamentary Investment: Iraq has a financial abundance of more than 86 billion dollars" Quote: "Iraq has a financial abundance of more than 86 billion dollars and does not need aid, and thus Iraq's economic strength has become very large, as Iraq, for the first time since the establishment of the Iraqi state until now, has financial abundance that neighboring countries do not possess,"
10-17-2022 Newshound Guru Kaperoni Iraq needs a government, a parliament that passes economic laws that encourage foreign investment. Only then with the success and growth of Iraq's economy will the central bank allow the dinar to gradually rise over time.
10-17-2022 Free Membership If you have not claimed your free membership and want to see what all the fuss is about it's not too late...Here's a quick video explaining what you get for free. This is by invitation only. The latest guru post continue below...
10-17-2022 Newshound Guru MilitiaMan Article: "The Central Bank of Iraq participates in the annual meetings of the International Monetary Fund and the World Bank" ...They are readying to get this country into an international environment for trade. The likes of the World Bank, International Monetary Fund, US Treasury, American Chamber of Commerce, etc... of late are all about moving forward and apparently finalizing necessary formalities...All items are looking to be in place now or at least well underway...A good thing...imo
10-16-2022 Newshound/Intel Guru RVAlready If IQD does come out close to KWD. KWD is 3.22 USD. This would then be minus the bank’s spread.
10-16-2022 Intel Guru Frank26 Article: "Iraq tops the list of Arab countries with economic growth for 2022" CAN YOU IMAGINE WHAT IRAQ'S GROWTH WILL BE WITHOUT A PROGRAM RATE.
10-16-2022 Newshound Guru Pimpy There's a lot of excitement inside the dinar community. All kinds of exaggeration on rate changes...Let's be honest. There is talk of a rate change but how much, no body knows. I've actually heard somebody saying that there's a 18 to 1 exchange rate. That's the rate that we're going for - 18 to 1? So for every 1 dinar they're trying to claim that you'll get $18 American dollars...that's not what's going to happen.
10-16-2022 Free Membership If you have not claimed your free membership and want to see what all the fuss is about it's not too late...Here's a quick video explaining what you get for free. This is by invitation only. The latest guru post continue below...
10-16-2022 Newshound Guru Samson Article: "The Central Bank: The inflation rate is controlled and we are not thinking about changing the exchange rate" Quote: "there is no justification for thinking about changing the exchange rate of the Iraqi dinar, especially in light of the high oil prices and foreign cash reserves, which amounted to more than 80 billion dollars, noting that the inflation rate is about 6% and is controlling. It is necessary to stabilize the exchange rate of the Iraqi dinar..."
10-16-2022 Newshound Guru Sandy Ingram Once a president is elected by parliament then the parliament votes on a prime minister. One half of the news media around the world is announcing a new president and prime minister in Iraq. The national media called the Prime Minister a Nominee. [NOTE: Parliament will either give the new Prime Minister's government a vote of confidence or not. He technically has 30 days to form but said he'd do it in 10.]
10-16-2022 Newshound Guru MilitiaMan Article: "The United Nations: Assigning Al-Sudani to form a government paves the way for addressing Iraqi issues" The language that is used is strong. The UN now expects the plan to take shape and it is an urgent matter. I am sure the pending issues for the people is Exchange Rate related. The opportunity is now and it is a golden one. Now that the UN doesn't have to put Iraq back into the stone age again (Chapter 7) we are likely to see results from the new government as planned and is expected.
10-16-2022 Intel Guru Frank26 Article: "Economist: The new government has a golden opportunity to reduce the dollar exchange rate" THERE IS A DIFFERENCE BETWEEN REDUCING THE EXCHANGE RATE AND CHANGING THE EXCHANGE RATE!!! YOU CANNOT CHANGE THE US EXCHANGE RATE BUT YOU CAN REDUCE IT! Quote: "The increase in oil prices and cash reserves will enable the new government to gradually reduce the dollar exchange rate during the next stage" THIS IS THE FLOAT... NEXT STAGE.
10-16-2022 Newshound/Intel Guru RVAlready I think the UN already gave them a deadline for the RV. We are on the clock.
10-16-2022 Intel Guru Frank26 Article: "Iraq tops the list of Arab countries with economic growth for 2022" CAN YOU IMAGINE WHAT IRAQ'S GROWTH WILL BE WITHOUT A PROGRAM RATE.
10-16-2022 Newshound Guru Pimpy There's a lot of excitement inside the dinar community. All kinds of exaggeration on rate changes...Let's be honest. There is talk of a rate change but how much, no body knows. I've actually heard somebody saying that there's a 18 to 1 exchange rate. That's the rate that we're going for - 18 to 1? So for every 1 dinar they're trying to claim that you'll get $18 American dollars...that's not what's going to happen.
10-16-2022 Free Membership If you have not claimed your free membership and want to see what all the fuss is about it's not too late...Here's a quick video explaining what you get for free. This is by invitation only. The latest guru post continue below...
10-16-2022 Newshound Guru Samson Article: "The Central Bank: The inflation rate is controlled and we are not thinking about changing the exchange rate" Quote: "there is no justification for thinking about changing the exchange rate of the Iraqi dinar, especially in light of the high oil prices and foreign cash reserves, which amounted to more than 80 billion dollars, noting that the inflation rate is about 6% and is controlling. It is necessary to stabilize the exchange rate of the Iraqi dinar..."
10-16-2022 Newshound Guru Sandy Ingram Once a president is elected by parliament then the parliament votes on a prime minister. One half of the news media around the world is announcing a new president and prime minister in Iraq. The national media called the Prime Minister a Nominee. [NOTE: Parliament will either give the new Prime Minister's government a vote of confidence or not. He technically has 30 days to form but said he'd do it in 10.]
10-16-2022 Newshound Guru MilitiaMan Article: "The United Nations: Assigning Al-Sudani to form a government paves the way for addressing Iraqi issues" The language that is used is strong. The UN now expects the plan to take shape and it is an urgent matter. I am sure the pending issues for the people is Exchange Rate related. The opportunity is now and it is a golden one. Now that the UN doesn't have to put Iraq back into the stone age again (Chapter 7) we are likely to see results from the new government as planned and is expected.
10-16-2022 Intel Guru Frank26 Article: "Economist: The new government has a golden opportunity to reduce the dollar exchange rate" THERE IS A DIFFERENCE BETWEEN REDUCING THE EXCHANGE RATE AND CHANGING THE EXCHANGE RATE!!! YOU CANNOT CHANGE THE US EXCHANGE RATE BUT YOU CAN REDUCE IT! Quote: "The increase in oil prices and cash reserves will enable the new government to gradually reduce the dollar exchange rate during the next stage" THIS IS THE FLOAT... NEXT STAGE.
10-16-2022 Newshound/Intel Guru RVAlready I think the UN already gave them a deadline for the RV. We are on the clock.
10-15-2022 Intel Guru Frank26 Article "Coordination framework: Completion of the ministerial cabinet of Muhammad Shia Al-Sudani within 10 days" FROM 2 WEEKS TO 10 DAYS... THE MONETARY REFORM IS MOVING FAST
10-15-2022 Deadline Extended To 11:59pm Tonight! If you already grabbed your Free Guest Pass and want the VIP upgrade the deadline has been extended to tonight 11:59 PST! We added a new video that shows you the benefits...If you have not claimed your free guest pass and want to see what all the fuss is about, it's not too late...Here's a quick video explaining what you get for free. This is by invitation only. The latest Guru updates will continue below...
10-15-2022 Newshound Guru Militiaman Article "Find out when the new president will receive the keys to the Peace Palace " Well well well.. They are on the move. The new guy gets his keys to the Peace Palace Sunday... Will that include a sovereign currency too? We shall see. It sure is timed accordingly.
10-15-2022 Newshound Guru Pimpy It doesn't appear that Sadr is upset with what's going on so we shouldn't hear anything from him or his people and it looks definitely like Iraq is on its way to establishing the government and finally passing the budget and doing what they need to do to get back on track...
10-15-2022 Newshound Guru Clare Article "Coordination framework: Completion of the ministerial cabinet of Muhammad Shia Al-Sudani within 10 days"
10-15-2022 Newshound Guru Samson Article: "For the first time in its history, bank deposits in the Central Bank approach 180 trillion dinars" Quote: "the rise in local banks' deposits with the Central Bank and their exceeding the barrier of 40 trillion dinars indicates the improvement in the level of financial inclusion in Iraq, which contributed to increasing the monetary assets of banks and depositing them with the Central Bank..."
10-15-2022 Intel Guru Frank26 Article: "Masrour Barzani congratulates Rashid on the election: Let us turn a new page after so many tensions and turmoil" I DON'T CARE WHO WON I CARE ABOUT A GOV BEING FORMED.
10-15-2022 Intel Guru MarkZ [via PDK] Arriving in DC includes representatives from Iraq, from the new government, representatives from the IMF, the UN and other central banking organizations...This is interesting. Why would they need to do this? And why here in the US unless there is some kind of financial thing involved? It’s my understanding they will have a couple days worth of meetings starting later today and over the weekend in DC. All eyes are looking at that. Perhaps it will be an announcement or the final signing of whatever is needed? I am pretty excited about that... Hopefully this is our weekend…there is a lot of anticipation.
10-15-2022 Newshound Guru Militiaman The new government spoke directly about announcing his cabinet within two weeks and address the exchange rate. The man has hit the pavement out of the the gate.. The UN is likely to have had a word with him, as would the Ambassadors of the USA, Canada, Japan, Norway, Europe, etc.. All currencies have been under extreme pressure lately and the meetings in Baghdad the other day must have been an event of all events. The immediate rate at which the new PM spoke is very telling and supports the idea his collar was tapped...
10-15-2022 Newshound Guru Pimpy Article: "A member of Fatah: Al-Sudani will announce his booth within two week and reduce the dollar exchange" ...When they say reduce the dollar what they're talking about is reduce the value of the dollar against the dinar, which is the right direction. That's the one we want to go into...for them to do any serious rate change they're going to need to build the private sector as well as the public sector... the best you can hope for is the first step is that they just restore the last exchange rate...anytime we head in that direction is a good direction no matter how much the increase is...
10-15-2022 Newshound Guru Clare Article: "Economist: The new government has a golden opportunity to reduce the dollar exchange rate" Quote "...and raise the value of the Iraqi dinar, pointing out that all conditions are prepared for this measure."
10-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Citizens are opening account all over the place here in Iraq and depositing money in banks like never before. This is amazing and good for the stability of Iraq. FRANK: Yes! The citizens know! They're getting ready...The reason why Iraqi citizens are pouring into the banks is because the education was extremely successful with you citizens. You know very well what is about to happen to your currency...
10-15-2022 Deadline Extended To 11:59pm Tonight! If you already grabbed your Free Guest Pass and want the VIP upgrade the deadline has been extended to tonight 11:59 PST! We added a new video that shows you the benefits...If you have not claimed your free guest pass and want to see what all the fuss is about, it's not too late...Here's a quick video explaining what you get for free. This is by invitation only. The latest Guru updates will continue below...
10-15-2022 Newshound Guru Militiaman Article "Find out when the new president will receive the keys to the Peace Palace " Well well well.. They are on the move. The new guy gets his keys to the Peace Palace Sunday... Will that include a sovereign currency too? We shall see. It sure is timed accordingly.
10-15-2022 Newshound Guru Pimpy It doesn't appear that Sadr is upset with what's going on so we shouldn't hear anything from him or his people and it looks definitely like Iraq is on its way to establishing the government and finally passing the budget and doing what they need to do to get back on track...
10-15-2022 Newshound Guru Clare Article "Coordination framework: Completion of the ministerial cabinet of Muhammad Shia Al-Sudani within 10 days"
10-15-2022 Newshound Guru Samson Article: "For the first time in its history, bank deposits in the Central Bank approach 180 trillion dinars" Quote: "the rise in local banks' deposits with the Central Bank and their exceeding the barrier of 40 trillion dinars indicates the improvement in the level of financial inclusion in Iraq, which contributed to increasing the monetary assets of banks and depositing them with the Central Bank..."
10-15-2022 Intel Guru Frank26 Article: "Masrour Barzani congratulates Rashid on the election: Let us turn a new page after so many tensions and turmoil" I DON'T CARE WHO WON I CARE ABOUT A GOV BEING FORMED.
10-15-2022 Intel Guru MarkZ [via PDK] Arriving in DC includes representatives from Iraq, from the new government, representatives from the IMF, the UN and other central banking organizations...This is interesting. Why would they need to do this? And why here in the US unless there is some kind of financial thing involved? It’s my understanding they will have a couple days worth of meetings starting later today and over the weekend in DC. All eyes are looking at that. Perhaps it will be an announcement or the final signing of whatever is needed? I am pretty excited about that... Hopefully this is our weekend…there is a lot of anticipation.
10-15-2022 Newshound Guru Militiaman The new government spoke directly about announcing his cabinet within two weeks and address the exchange rate. The man has hit the pavement out of the the gate.. The UN is likely to have had a word with him, as would the Ambassadors of the USA, Canada, Japan, Norway, Europe, etc.. All currencies have been under extreme pressure lately and the meetings in Baghdad the other day must have been an event of all events. The immediate rate at which the new PM spoke is very telling and supports the idea his collar was tapped...
10-15-2022 Newshound Guru Pimpy Article: "A member of Fatah: Al-Sudani will announce his booth within two week and reduce the dollar exchange" ...When they say reduce the dollar what they're talking about is reduce the value of the dollar against the dinar, which is the right direction. That's the one we want to go into...for them to do any serious rate change they're going to need to build the private sector as well as the public sector... the best you can hope for is the first step is that they just restore the last exchange rate...anytime we head in that direction is a good direction no matter how much the increase is...
10-15-2022 Newshound Guru Clare Article: "Economist: The new government has a golden opportunity to reduce the dollar exchange rate" Quote "...and raise the value of the Iraqi dinar, pointing out that all conditions are prepared for this measure."
10-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Citizens are opening account all over the place here in Iraq and depositing money in banks like never before. This is amazing and good for the stability of Iraq. FRANK: Yes! The citizens know! They're getting ready...The reason why Iraqi citizens are pouring into the banks is because the education was extremely successful with you citizens. You know very well what is about to happen to your currency...
10-14-2022 *** Dinar Guru News Flash *** Iraq's parliament voted in a new president and the new president selected the new prime minister. Things are moving extremely quickly. The new Prime Minister has 30 days to form a government. Stay tuned as the gurus chime in on the how the new leaders of Iraq will impact the dinar rate change and when it will change. The latest guru posts continue below...
10-14-2022 Newshound Guru Pimpy Article: "A member of Fatah: Al-Sudani will announce his booth within two week and reduce the dollar exchange" This is the article that everybody's going crazy over...Maliki allegedly stole a lot of money from Iraq so him increasing the value of the exchange rate benefits him greatly...and sure enough as soon as his people get into office what do we see? I'm not saying they're going to do the $3.22 rate. I said they were going to go up in increments and it sounds like that's what they plan to do...
10-14-2022 Intel Guru Bruce [via WiserNow] They have been celebrating and they're about to celebrate their Prime Minister officially being in a position of being the head of the party and the head of the Republic - so that is a positive step forward for Iraq and I believe this will complete what Iraq has to do for us to move forward... the new Iraqi dinar rate should be made public - I would think by Sunday, maybe sooner but I would think by Sunday...So that's something to look forward to. I'm excited because this is an opportunity like none we've ever seen, and yes, we waited a long time for it. Yes, it's been a roller coaster ride - I get it...And I think that we're at a great point to finally see this come to fruition...
10-14-2022 Newshound Guru Clare Article: "Political Analyst: Resolving the presidential position closed the blockage file and assigning Al-Sudani is like a shortcut to time" Well Cbi you have your seated government.
10-14-2022 Intel Guru MarkZ [via PDK] Well bond guys have not been paid yet. They are being told their funds will release over the weekend and they will have access on Monday morning. That is the latest from my bond contacts...When they do get access…we will be right on their heels...I do believe things are well on their way. It is shaping up for the perfect storm for a reset.
10-14-2022 Intel Guru Frank26 Article: "The United Nations Mission: The 2023 budget decision before the end of the year is urgent" I DON'T LIKE YOU UN... BUT WE NEED THE THREAT OF CHAPTER 7 RETURNING!
10-14-2022 Intel Guru MarkZ [via PDK] Yesterday was so eventful. Today is quiet but I believe Iraq is putting together a lot of things very quickly.
10-14-2022 Newshound Guru Sandy Ingram Abdul Latin Rashi was elected President in the second round of voting. He quickly then appointed Muhammed Al-Sudani as prime minister, giving him 30 days to form a government.
10-14-2022 Newshound Guru Pimpy [Abdul Latin Rashi & Muhammed Al-Sudani] That's your new president of the Republic of Iraq and the new prime minister. For some strange reason the United States is tickled pink over these two. Not just them but the European Zone. When those two countries get excited about picks you know it's not good for that country.
10-14-2022 Newhsound Guru Kaperoni After almost a year since the election, Iraq has decided to compromise and form a government. Iraq has sworn in a new president today Abdul Latif Rashid. This new president has chosen a prime minister and designated him to form a government Muhammad Shia Al-Sudani.
10-14-2022 Intel Guru MarkZ [via PDK] This article dropped today…about Vietnam. This is important because they [Iraq & Vietnam] are huge trading partners and we are looking for them to go at the same time. “Standard Chartered raises Vietnams growth forecast to 7.5%." This means their currency is too strong in comparison and needs to go up...
10-14-2022 Newshound Guru Clare Article: "A member of Fatah: Al-Sudani will announce his booth within two weeks and reduce the dollar exchange". Quote: "The Sudanese is serious about supporting the prestige and sovereignty of Iraq, and the economy is at the forefront of the files that he will care about and will work to gradually reduce the price of the dollar."
10-14-2022 Newshound/Intel Guru RVAlready Article: "Iraq Elects New President and New Prime Minister Today!" In the end, all it took for Iraq to get its act together was a threat by the UN to take over the government...All we need now is word from the CBI to begin exchanges. The CBI is unlikely to expose the date or give a back wall. They will just spring it on us.
10-14-2022 Newshound Guru Pimpy Article: "A member of Fatah: Al-Sudani will announce his booth within two week and reduce the dollar exchange" This is the article that everybody's going crazy over...Maliki allegedly stole a lot of money from Iraq so him increasing the value of the exchange rate benefits him greatly...and sure enough as soon as his people get into office what do we see? I'm not saying they're going to do the $3.22 rate. I said they were going to go up in increments and it sounds like that's what they plan to do...
10-14-2022 Intel Guru Bruce [via WiserNow] They have been celebrating and they're about to celebrate their Prime Minister officially being in a position of being the head of the party and the head of the Republic - so that is a positive step forward for Iraq and I believe this will complete what Iraq has to do for us to move forward... the new Iraqi dinar rate should be made public - I would think by Sunday, maybe sooner but I would think by Sunday...So that's something to look forward to. I'm excited because this is an opportunity like none we've ever seen, and yes, we waited a long time for it. Yes, it's been a roller coaster ride - I get it...And I think that we're at a great point to finally see this come to fruition...
10-14-2022 Newshound Guru Clare Article: "Political Analyst: Resolving the presidential position closed the blockage file and assigning Al-Sudani is like a shortcut to time" Well Cbi you have your seated government.
10-14-2022 Intel Guru MarkZ [via PDK] Well bond guys have not been paid yet. They are being told their funds will release over the weekend and they will have access on Monday morning. That is the latest from my bond contacts...When they do get access…we will be right on their heels...I do believe things are well on their way. It is shaping up for the perfect storm for a reset.
10-14-2022 Intel Guru Frank26 Article: "The United Nations Mission: The 2023 budget decision before the end of the year is urgent" I DON'T LIKE YOU UN... BUT WE NEED THE THREAT OF CHAPTER 7 RETURNING!
10-14-2022 Intel Guru MarkZ [via PDK] Yesterday was so eventful. Today is quiet but I believe Iraq is putting together a lot of things very quickly.
10-14-2022 Newshound Guru Sandy Ingram Abdul Latin Rashi was elected President in the second round of voting. He quickly then appointed Muhammed Al-Sudani as prime minister, giving him 30 days to form a government.
10-14-2022 Newshound Guru Pimpy [Abdul Latin Rashi & Muhammed Al-Sudani] That's your new president of the Republic of Iraq and the new prime minister. For some strange reason the United States is tickled pink over these two. Not just them but the European Zone. When those two countries get excited about picks you know it's not good for that country.
10-14-2022 Newhsound Guru Kaperoni After almost a year since the election, Iraq has decided to compromise and form a government. Iraq has sworn in a new president today Abdul Latif Rashid. This new president has chosen a prime minister and designated him to form a government Muhammad Shia Al-Sudani.
10-14-2022 Intel Guru MarkZ [via PDK] This article dropped today…about Vietnam. This is important because they [Iraq & Vietnam] are huge trading partners and we are looking for them to go at the same time. “Standard Chartered raises Vietnams growth forecast to 7.5%." This means their currency is too strong in comparison and needs to go up...
10-14-2022 Newshound Guru Clare Article: "A member of Fatah: Al-Sudani will announce his booth within two weeks and reduce the dollar exchange". Quote: "The Sudanese is serious about supporting the prestige and sovereignty of Iraq, and the economy is at the forefront of the files that he will care about and will work to gradually reduce the price of the dollar."
10-14-2022 Newshound/Intel Guru RVAlready Article: "Iraq Elects New President and New Prime Minister Today!" In the end, all it took for Iraq to get its act together was a threat by the UN to take over the government...All we need now is word from the CBI to begin exchanges. The CBI is unlikely to expose the date or give a back wall. They will just spring it on us.
10-13-2022 Newshound Guru Breitling Community comment "It's been over 20 years and they're still having problems in their parliamentary and in their government positions." Watch the fundamentals...policy-wise. Then it makes sense. It's not 100% it's 110% that they're gonna add value to their currency. But it's not a get rich quick scheme...
10-13-2022 Deadline Tonight 11:59 PST If you already grabbed your Free Guest Pass and want the VIP upgrade the deadline is tonight. We added a new video that shows you the benefits...If you have not claimed your free guest pass and want to see what all the fuss is about, it's not too late...click here to learn more. This is by invitation only. The latest Guru updates will continue below...
10-13-2022 Intel Guru MarkZ [via PDK] News today…wow…where do we even start. The news has been overwhelming today...Articles: “Al Kazemi congratulates Al Sudani for his assignment to form the new government” and this one “A member of Fatah-Al Sudani will announce his booth within two weeks and reduce the dolar exchange” Pay attention to that one. They have given us a time as to “when”...This is enormous news today. If they are telling you two weeks …that means they have to do it before then…imo…
10-13-2022 Newshound Guru Kaperoni That being said the delete three zeros is constantly being discussed and has referenced that it would take parliament approval. Again, this confirms the delete 3 zeros is a neutral event LOP because it changes the value of the notes in circulation. This would be the only reason Parliament would have to be involved in monetary policy...the central bank is independent in monetary policy. [Post 2 of 2]
10-13-2022 Newshound Guru Kaperoni Guru Mnt Goat continues to argue that someday the Central Bank of Iraq will delete the zeros. [Reference Mnt Goat 10-12-2022 below] Well if they implemented delete three zeros plan it is a neutral event LOP. This is well documented including articles from the central bank. It is my belief Iraq will never implement the delete 3 zeros that it's only an option that they keep throwing out there to keep speculators out of buying dinar. [Post 1 of 2....stay tuned]
10-13-2022 Intel Guru MarkZ [via PDK] ...bond folks are sure geared up…I am excited for them and hope they will be (like they expect) be home by Friday evening with money in pockets. That is still the rumor out there. I think it is tight on the timeline but, the bond folks are extremely excited that they could be finished… That is their news- not mine. Bond folks did not receive dollars overnight but, they are just now entering their window of expectations today…cross your fingers. Pray they get their blessings. When they get their blessing…we get our blessing...the general consensus is within 72 hours of them…we will be making appointments…
10-13-2022 Intel Guru RayRen98 Prime Minister-designate Muhammad Shi Al-Sudani now has 30 days to form the government.
10-13-2022 Newshound Guru Clare Article: "Al-Kazemi congratulates Abdul Latif Rashid on his election as President of the Republic". NOTHING IS OFFICIAL UNLESS THERE IS A VOTE OF CONFIDENCE ON THE PM DESIGNATE AND IF NOT THEY HAVE TO NOMINATE SOMEONE ELSE. SO WE NEED TO WAIT & SEE HOW IT DEVELOPS...
10-13-2022 Intel Guru David M. Witty Iraqi Parliament elects Abdel Latif Rashid as new president of the republic. Rashid to nominate Mohamed Shiya Sudani as new PM. In Iraq, PM designee Mohamed Shiya Sudani: I will form my new government in the shortest time possible.
10-13-2022 Intel Guru David M. Witty Iraqi parliament vote for president of the republic is between 2 candidates, Barham Salih, the current president, and Abdel Latif Rashid, a former minister.
10-13-2022 Intel Guru Frank26 The next big thing that we're looking for is the government to be seated and the pressure from the U.N. and the international world is going to get very loud this week. I think we're going to see an awful lot about the trueness of the government of Iraq.
10-13-2022 Newshound Guru Clare Article: "A parliamentary source reveals the number of votes required for a presidential candidate to win" Quote: "the first round of secret balloting, if the candidate gets 220 votes, then he will go to a second round between the first and second winners, and whoever gets the highest votes will win the position of the presidency...In the second round, any candidate who gets more than 165 votes will be the president of the country."
10-13-2022 Intel Guru MarkZ [via PDK] Bond contacts have lit me up starting a few hours ago...a Zurich contact told me…they expect to be home and well funded and liquid by Friday evening. He would not give me any more than that on timing... [So if bond people liquid by Friday…that means (tier) 4b this weekend… yippeeeeee.] That is what I am thinking as well…i don’t have any information telling me this…it just makes the most sense. If they are done by then…well, one of two things…we are either going to appointments or setting our appointments…cross your fingers.
10-13-2022 Deadline Tonight 11:59 PST If you already grabbed your Free Guest Pass and want the VIP upgrade the deadline is tonight. We added a new video that shows you the benefits...If you have not claimed your free guest pass and want to see what all the fuss is about, it's not too late...click here to learn more. This is by invitation only. The latest Guru updates will continue below...
10-13-2022 Intel Guru MarkZ [via PDK] News today…wow…where do we even start. The news has been overwhelming today...Articles: “Al Kazemi congratulates Al Sudani for his assignment to form the new government” and this one “A member of Fatah-Al Sudani will announce his booth within two weeks and reduce the dolar exchange” Pay attention to that one. They have given us a time as to “when”...This is enormous news today. If they are telling you two weeks …that means they have to do it before then…imo…
10-13-2022 Newshound Guru Kaperoni That being said the delete three zeros is constantly being discussed and has referenced that it would take parliament approval. Again, this confirms the delete 3 zeros is a neutral event LOP because it changes the value of the notes in circulation. This would be the only reason Parliament would have to be involved in monetary policy...the central bank is independent in monetary policy. [Post 2 of 2]
10-13-2022 Newshound Guru Kaperoni Guru Mnt Goat continues to argue that someday the Central Bank of Iraq will delete the zeros. [Reference Mnt Goat 10-12-2022 below] Well if they implemented delete three zeros plan it is a neutral event LOP. This is well documented including articles from the central bank. It is my belief Iraq will never implement the delete 3 zeros that it's only an option that they keep throwing out there to keep speculators out of buying dinar. [Post 1 of 2....stay tuned]
10-13-2022 Intel Guru MarkZ [via PDK] ...bond folks are sure geared up…I am excited for them and hope they will be (like they expect) be home by Friday evening with money in pockets. That is still the rumor out there. I think it is tight on the timeline but, the bond folks are extremely excited that they could be finished… That is their news- not mine. Bond folks did not receive dollars overnight but, they are just now entering their window of expectations today…cross your fingers. Pray they get their blessings. When they get their blessing…we get our blessing...the general consensus is within 72 hours of them…we will be making appointments…
10-13-2022 Intel Guru RayRen98 Prime Minister-designate Muhammad Shi Al-Sudani now has 30 days to form the government.
10-13-2022 Newshound Guru Clare Article: "Al-Kazemi congratulates Abdul Latif Rashid on his election as President of the Republic". NOTHING IS OFFICIAL UNLESS THERE IS A VOTE OF CONFIDENCE ON THE PM DESIGNATE AND IF NOT THEY HAVE TO NOMINATE SOMEONE ELSE. SO WE NEED TO WAIT & SEE HOW IT DEVELOPS...
10-13-2022 Intel Guru David M. Witty Iraqi Parliament elects Abdel Latif Rashid as new president of the republic. Rashid to nominate Mohamed Shiya Sudani as new PM. In Iraq, PM designee Mohamed Shiya Sudani: I will form my new government in the shortest time possible.
10-13-2022 Intel Guru David M. Witty Iraqi parliament vote for president of the republic is between 2 candidates, Barham Salih, the current president, and Abdel Latif Rashid, a former minister.
10-13-2022 Intel Guru Frank26 The next big thing that we're looking for is the government to be seated and the pressure from the U.N. and the international world is going to get very loud this week. I think we're going to see an awful lot about the trueness of the government of Iraq.
10-13-2022 Newshound Guru Clare Article: "A parliamentary source reveals the number of votes required for a presidential candidate to win" Quote: "the first round of secret balloting, if the candidate gets 220 votes, then he will go to a second round between the first and second winners, and whoever gets the highest votes will win the position of the presidency...In the second round, any candidate who gets more than 165 votes will be the president of the country."
10-13-2022 Intel Guru MarkZ [via PDK] Bond contacts have lit me up starting a few hours ago...a Zurich contact told me…they expect to be home and well funded and liquid by Friday evening. He would not give me any more than that on timing... [So if bond people liquid by Friday…that means (tier) 4b this weekend… yippeeeeee.] That is what I am thinking as well…i don’t have any information telling me this…it just makes the most sense. If they are done by then…well, one of two things…we are either going to appointments or setting our appointments…cross your fingers.
10-12-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It looks like the CBI wants to recover dinars by the end of this year...at same time they want to rid the smaller banks of all corruption and then start helping improve the banking sector. This already has been done...the plan is to have currency returned...this would pave a way for a new rate with a new budget at the beginning of the year.
10-12-2022 Newshound Guru Clare Question: "the 26k note will be cancelled?" THE 25K NOTE...NO, NOT AT ALL..THE NOTES ARE VALID THEY WON'T USE THEM IN COUNTRY. THE NOTES WE HAVE WILL STILL BE ABLE TO EXCHANGE WHEN THE RATE CHANGES. IMO
10-12-2022 Intel Guru MarkZ [via PDK] [do you have any guess on rates?] I am now hearing the dong could be closer to $3 or $4 and the dinar I am still hearing the street rate will close to $4 and we will get about $2 more on the contract rate in the “Oil for Dinar” contract in rebuilding Iraq.
10-12-2022 Newshound Guru Pimpy If they [Iraq] could just get their crap together I still believe the value of the Iraqi dinar is going to go up in increments but much much bigger increments because you can't stop your economy once it starts doing well.
10-12-2022 Newshound/Intel Guru David M. Witty Iraqi Speaker of Parliament: the parliament meeting on Thursday will have one agenda item: electing a president of the republic.
10-12-2022 Newshound Guru Kaperoni Guru Pimpy [Reference Pimpy 10-11-2022 below] is claiming that the new 20K note (even though the Central Bank of Iraq said it will not contribute to inflation) thinks it will...Whenever a central bank issues a new currency they don't just flood the market with it and add it to their existing money supply, the currency replaces old worn out notes that are being pulled in. The same occurred when the 50k note was issued. It does not increase money supply. In fact the introduction of a newer note (20k) could even reduce the money supply if it replaces a larger note such as the 25k.
10-12-2022 Intel Guru MarkZ [via PDK] I am still hearing it’s a goal for Iraq parliament to finally elect their president on Thursday...tomorrow…so they can move forward with their economic reforms. Once again my CBI source assured me that the CBI can change the rate without the government passing any more bills. They have reassured me on this.
10-12-2022 Newshound Guru Samson Article: "The judiciary releases Al-Maliki on bail after appearing in the leaks file" Quote: "Judge Jaafar al-Moussawi, announced...the release of the leader of the State of Law coalition, Nuri al-Maliki, on bail after appearing before the judiciary in the case of audio leaks."
10-12-2022 Intel Guru Frank26 They are running out of time because the UN wants to put them back into Chapter VII. If they go back into Chapter VII that could be really bad. REALLY bad...we not only have the UN pushing Kazemi to sit his government. But we also have countries that have signed contracts with kazemi...there's this pressure now from two directions. The pressure was internationally. Now the pressure is internationally and from the Untied Nations, internationally. This pressure I think is going to be very good for what we've got...
10-12-2022 Newshound/Intel Guru Mnt Goat Why does Kap [Guru Kaperoni] say it does not? [Reference Kaperoni post 10-6-2022] ...I know the plan of the process to reform the currency given to us in 2011... I would never even allude to a LOP. Dr Shabibi told us specifically that a LOP is a tool that applies to certain conditions of currency reform for hyper inflationary situations and that there was no reason to apply it to the IQD dinar since inflation can be controlled and managed and is not out of hand. Situations like in Zimbabwe are a good example of applying a LOP. [post 3 of 3]
10-12-2022 Newshound/Intel Guru Mnt Goat I...know for a FACT that before the CBI will conduct the project to delete the zeros someday, it will have to get permission from the Finance Ministry thus the cabinet, to which writes the legislation and passed it on to parliament for debate and passing into law. The Finance Ministry is a ministry as part of the prime minister’s cabinet so the prime minister in charge will have a big say in it too. [post 2 of 3....stay tuned]
10-12-2022 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK CLOSES THE DOOR TO CHANGE THE DOLLAR EXCHANGE RATE.. WHAT ABOUT THE PROJECT TO DELETE ZEROS?" Quote: “the process of deleting zeros from the currency needs to legislate a law and requires some modifications, and the atmosphere must be available to accept such modifications,” So, does the CBI need parliament approval? ...It clearly states in black and white that it does. [post 1 of 3....stay tuned]
10-12-2022 Newshound Guru Clare Question: "the 26k note will be cancelled?" THE 25K NOTE...NO, NOT AT ALL..THE NOTES ARE VALID THEY WON'T USE THEM IN COUNTRY. THE NOTES WE HAVE WILL STILL BE ABLE TO EXCHANGE WHEN THE RATE CHANGES. IMO
10-12-2022 Intel Guru MarkZ [via PDK] [do you have any guess on rates?] I am now hearing the dong could be closer to $3 or $4 and the dinar I am still hearing the street rate will close to $4 and we will get about $2 more on the contract rate in the “Oil for Dinar” contract in rebuilding Iraq.
10-12-2022 Newshound Guru Pimpy If they [Iraq] could just get their crap together I still believe the value of the Iraqi dinar is going to go up in increments but much much bigger increments because you can't stop your economy once it starts doing well.
10-12-2022 Newshound/Intel Guru David M. Witty Iraqi Speaker of Parliament: the parliament meeting on Thursday will have one agenda item: electing a president of the republic.
10-12-2022 Newshound Guru Kaperoni Guru Pimpy [Reference Pimpy 10-11-2022 below] is claiming that the new 20K note (even though the Central Bank of Iraq said it will not contribute to inflation) thinks it will...Whenever a central bank issues a new currency they don't just flood the market with it and add it to their existing money supply, the currency replaces old worn out notes that are being pulled in. The same occurred when the 50k note was issued. It does not increase money supply. In fact the introduction of a newer note (20k) could even reduce the money supply if it replaces a larger note such as the 25k.
10-12-2022 Intel Guru MarkZ [via PDK] I am still hearing it’s a goal for Iraq parliament to finally elect their president on Thursday...tomorrow…so they can move forward with their economic reforms. Once again my CBI source assured me that the CBI can change the rate without the government passing any more bills. They have reassured me on this.
10-12-2022 Newshound Guru Samson Article: "The judiciary releases Al-Maliki on bail after appearing in the leaks file" Quote: "Judge Jaafar al-Moussawi, announced...the release of the leader of the State of Law coalition, Nuri al-Maliki, on bail after appearing before the judiciary in the case of audio leaks."
10-12-2022 Intel Guru Frank26 They are running out of time because the UN wants to put them back into Chapter VII. If they go back into Chapter VII that could be really bad. REALLY bad...we not only have the UN pushing Kazemi to sit his government. But we also have countries that have signed contracts with kazemi...there's this pressure now from two directions. The pressure was internationally. Now the pressure is internationally and from the Untied Nations, internationally. This pressure I think is going to be very good for what we've got...
10-12-2022 Newshound/Intel Guru Mnt Goat Why does Kap [Guru Kaperoni] say it does not? [Reference Kaperoni post 10-6-2022] ...I know the plan of the process to reform the currency given to us in 2011... I would never even allude to a LOP. Dr Shabibi told us specifically that a LOP is a tool that applies to certain conditions of currency reform for hyper inflationary situations and that there was no reason to apply it to the IQD dinar since inflation can be controlled and managed and is not out of hand. Situations like in Zimbabwe are a good example of applying a LOP. [post 3 of 3]
10-12-2022 Newshound/Intel Guru Mnt Goat I...know for a FACT that before the CBI will conduct the project to delete the zeros someday, it will have to get permission from the Finance Ministry thus the cabinet, to which writes the legislation and passed it on to parliament for debate and passing into law. The Finance Ministry is a ministry as part of the prime minister’s cabinet so the prime minister in charge will have a big say in it too. [post 2 of 3....stay tuned]
10-12-2022 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK CLOSES THE DOOR TO CHANGE THE DOLLAR EXCHANGE RATE.. WHAT ABOUT THE PROJECT TO DELETE ZEROS?" Quote: “the process of deleting zeros from the currency needs to legislate a law and requires some modifications, and the atmosphere must be available to accept such modifications,” So, does the CBI need parliament approval? ...It clearly states in black and white that it does. [post 1 of 3....stay tuned]
10-11-2022 Newshound Guru Samson Article: "Parliamentary Investment: Iraq has a financial abundance of more than 86 billion dollars" Quote: "Iraq lacks a strong government, if it existed, there would have been a boom in its economy," expressing his hope that "a government with full powers will be formed and bring people who are interested in serving the citizen"
10-11-2022 Intel Guru MarkZ [via PDK] [Al Maliki has been released on bail and is now on house arrest.] I have been trying to confirm this….if it is true it’s an absolutely huge piece of news for us!! Maliki has been in our way since the beginning. This would be an enormous move forward for Iraq and a possibility for a revaluation of the dinar.
10-11-2022 Newshound/Intel Guru Breitling Question: "What is the central banks's position on the government of Iraq?" They're fine with it...I keep telling people there's no difference between the Sunni and the Shia. They're definitely fighting for control. On how they treat the currency it's exactly the same and the evidence of that is that the CBI has never changed its policies. Ever.
10-11-2022 Intel Guru Frank26 The reforms are marching forward. The political crisis is now being stimulated by the UN...Jeanine [From the UN] told Kazemi...if he doesn't sit his government we're going to put them back into Chapter VII...In this case this will be a catalyst, a stimulus, booster rockets for the monetary reform. IMO Kazemi doesn't not want to start all over again. If he enters Chapter VII...that's a lot of steps he'd have to redo again... The people would tear the country apart. He wants peace. He doesn't want war. He wants monetary reform for the citizens.
10-11-2022 Intel Guru MarkZ [via PDK] out of Iraq - articles with Kazemi saying the Central Bank of Iraq’s reserves rose from $49 Billion dollars to $86 Billion and that changing the dollar exchange rate was one of the most successful decisions they took …He says this over, and over, and over again. Now they have not changed the dollar exchange rate significantly that we can see in the markets. So what is he referring too? Well, I believe they have already started moving forward over there. Unfortunately nothing is in our pockets yet. But, I believe they are moving forward.
10-11-2022 Newshound Guru Kaperoni Guru Nader claims Iraq is going to delete 3 zeros. I've stated numerous times we do not want to see that happen, deleting the zeros is a neutral event LOP.
10-11-2022 Newshound Guru Pimpy Article: "Does the issuance of the new category contribute to the increase in inflation?" Of course it does...It's not a good thing that they want to do this [print a new 20k note]...this doesn't help the Iraqi dinar. Think supply and demand. The more they keep printing of them the less valuable they are. I don't think they need any more currencies. Deal with what you got...I'm hoping they don't do it.
10-11-2022 Intel Guru MarkZ [via PDK] I still think it will get out of the gate this month…praying it does. We are getting constant good chatter.
10-11-2022 Newshound Guru Samson Article: "The new 20 thousand dinars category raises controversy and reveals the hidden.. Economists: It will increase inflation"
10-11-2022 Newshound/Intel Guru Mnt Goat Why have a new 20,000 dinar note? ...why issue it if there is a plan to conduct the project to delete the zeros in the very near future anyhow? Why go through all the work and expense? So, I called the CBI and did my weekly update with my contact. What I was told is that the 20,000 dinar note will be used as part of the long-term banking system for international exchanges and payments only and that when the project to delete the zeros does happen the note will be voided out and taken out of common circulation...
10-11-2022 Intel Guru MarkZ [via PDK] [Al Maliki has been released on bail and is now on house arrest.] I have been trying to confirm this….if it is true it’s an absolutely huge piece of news for us!! Maliki has been in our way since the beginning. This would be an enormous move forward for Iraq and a possibility for a revaluation of the dinar.
10-11-2022 Newshound/Intel Guru Breitling Question: "What is the central banks's position on the government of Iraq?" They're fine with it...I keep telling people there's no difference between the Sunni and the Shia. They're definitely fighting for control. On how they treat the currency it's exactly the same and the evidence of that is that the CBI has never changed its policies. Ever.
10-11-2022 Intel Guru Frank26 The reforms are marching forward. The political crisis is now being stimulated by the UN...Jeanine [From the UN] told Kazemi...if he doesn't sit his government we're going to put them back into Chapter VII...In this case this will be a catalyst, a stimulus, booster rockets for the monetary reform. IMO Kazemi doesn't not want to start all over again. If he enters Chapter VII...that's a lot of steps he'd have to redo again... The people would tear the country apart. He wants peace. He doesn't want war. He wants monetary reform for the citizens.
10-11-2022 Intel Guru MarkZ [via PDK] out of Iraq - articles with Kazemi saying the Central Bank of Iraq’s reserves rose from $49 Billion dollars to $86 Billion and that changing the dollar exchange rate was one of the most successful decisions they took …He says this over, and over, and over again. Now they have not changed the dollar exchange rate significantly that we can see in the markets. So what is he referring too? Well, I believe they have already started moving forward over there. Unfortunately nothing is in our pockets yet. But, I believe they are moving forward.
10-11-2022 Newshound Guru Kaperoni Guru Nader claims Iraq is going to delete 3 zeros. I've stated numerous times we do not want to see that happen, deleting the zeros is a neutral event LOP.
10-11-2022 Newshound Guru Pimpy Article: "Does the issuance of the new category contribute to the increase in inflation?" Of course it does...It's not a good thing that they want to do this [print a new 20k note]...this doesn't help the Iraqi dinar. Think supply and demand. The more they keep printing of them the less valuable they are. I don't think they need any more currencies. Deal with what you got...I'm hoping they don't do it.
10-11-2022 Intel Guru MarkZ [via PDK] I still think it will get out of the gate this month…praying it does. We are getting constant good chatter.
10-11-2022 Newshound Guru Samson Article: "The new 20 thousand dinars category raises controversy and reveals the hidden.. Economists: It will increase inflation"
10-11-2022 Newshound/Intel Guru Mnt Goat Why have a new 20,000 dinar note? ...why issue it if there is a plan to conduct the project to delete the zeros in the very near future anyhow? Why go through all the work and expense? So, I called the CBI and did my weekly update with my contact. What I was told is that the 20,000 dinar note will be used as part of the long-term banking system for international exchanges and payments only and that when the project to delete the zeros does happen the note will be voided out and taken out of common circulation...
10-10-2022 Intel Guru Frank26 They're teaching the citizens of Iraq from 1 thousand fils all the way down to one fil so that change can be given back due to a change in their exchange rate.
10-10-2022 Intel Guru MarkZ [via PDK] ...if Iraq goes first I think it will force Vietnam to move up its time frame –imo…
10-10-2022 Intel Guru Frank26 Everyone of these articles that I say "not at a program rate' is evidence - is solid proof that the Iraqi dinar is not what it was. And it's being introduced to the international world at a completely different rate with a completely different value potential...why? Cause the economic reform is exploding...
10-10-2022 Newshound Guru Samson Article: "Iraq achieves self-sufficiency in the production of tractors and agricultural combines" Quote: “the company has achieved 100% self-sufficiency in the production of tractors and agricultural combines, and there is continuous work to prepare the sprinkler laboratories and start their manufacture.”
10-10-2022 Intel Guru MarkZ [via PDK] "The Central Bank of Iraq obtains an international certificate in cash management...the Central Bank of Iraq obtained the ISO certificate...related to the quality management system in terms of cash management..." This is one of the key things we were told was necessary for Iraq to change their rate. We still do not know the timing but we are certain they are making solid progress towards that…We needed sanctions removed…we needed Kuwait paid…They have done these things. And now they are ISO 9001 compliant to do international exchanges…to me this is very big news. [post 2 of 2]
10-10-2022 Intel Guru MarkZ [via PDK] In Iraq: “A wide welcome for the policies of the Central Bank: Contributed to achieving monetary stability” These are very important things for them to be on forex and to be traded. For them to be able to allow for a redemption to be able to occur they have to have some things in place. These are big steps. This happened yesterday: [post 1 of 2....stay tuned]
10-10-2022 Newshound Guru Kaperoni And if the dinar is ever going to go up in value it will be gradually over time based on the success and growth of Iraq's economy and diversification away from oil. Iraq has a ways to go!
10-10-2022 Newshound Guru Pimpy There's absolutely positively no proof whatsoever that any exchanges happened for the betterment of the Iraqi dinar. None...
10-10-2022 Newshound Guru Clare Article: "The Central Bank: We will not print a currency higher than 50 thousand Iraqi dinars" Quote: "Central Bank Adviser Ihssan Shamran Al-Yasiri said 'the size of the monetary mass circulating in banks and the public currently ranges between 83-84 trillion Iraqi dinars, and the new issuance of the 20,000 denomination will not change much of the volume of circulation because it will enter into the existing liquidity.' He stressed that 'the printing of the new category will not affect the value of the Iraqi currency and will not cause inflation, and the issue of inflation is linked to economic policies and has nothing to do with monetary circulation."
10-10-2022 Intel Guru MarkZ [via PDK] ...if Iraq goes first I think it will force Vietnam to move up its time frame –imo…
10-10-2022 Intel Guru Frank26 Everyone of these articles that I say "not at a program rate' is evidence - is solid proof that the Iraqi dinar is not what it was. And it's being introduced to the international world at a completely different rate with a completely different value potential...why? Cause the economic reform is exploding...
10-10-2022 Newshound Guru Samson Article: "Iraq achieves self-sufficiency in the production of tractors and agricultural combines" Quote: “the company has achieved 100% self-sufficiency in the production of tractors and agricultural combines, and there is continuous work to prepare the sprinkler laboratories and start their manufacture.”
10-10-2022 Intel Guru MarkZ [via PDK] "The Central Bank of Iraq obtains an international certificate in cash management...the Central Bank of Iraq obtained the ISO certificate...related to the quality management system in terms of cash management..." This is one of the key things we were told was necessary for Iraq to change their rate. We still do not know the timing but we are certain they are making solid progress towards that…We needed sanctions removed…we needed Kuwait paid…They have done these things. And now they are ISO 9001 compliant to do international exchanges…to me this is very big news. [post 2 of 2]
10-10-2022 Intel Guru MarkZ [via PDK] In Iraq: “A wide welcome for the policies of the Central Bank: Contributed to achieving monetary stability” These are very important things for them to be on forex and to be traded. For them to be able to allow for a redemption to be able to occur they have to have some things in place. These are big steps. This happened yesterday: [post 1 of 2....stay tuned]
10-10-2022 Newshound Guru Kaperoni And if the dinar is ever going to go up in value it will be gradually over time based on the success and growth of Iraq's economy and diversification away from oil. Iraq has a ways to go!
10-10-2022 Newshound Guru Pimpy There's absolutely positively no proof whatsoever that any exchanges happened for the betterment of the Iraqi dinar. None...
10-10-2022 Newshound Guru Clare Article: "The Central Bank: We will not print a currency higher than 50 thousand Iraqi dinars" Quote: "Central Bank Adviser Ihssan Shamran Al-Yasiri said 'the size of the monetary mass circulating in banks and the public currently ranges between 83-84 trillion Iraqi dinars, and the new issuance of the 20,000 denomination will not change much of the volume of circulation because it will enter into the existing liquidity.' He stressed that 'the printing of the new category will not affect the value of the Iraqi currency and will not cause inflation, and the issue of inflation is linked to economic policies and has nothing to do with monetary circulation."
10-9-2022 Intel Guru Frank26 Article: "Newspapers continue to talk about the date of approving the next budget.. and the feasibility of issuing new categories of currency" IT IS NOT A RUMOR IT IS TRUE A BUDGET AND A NEW EXCHANGE RATE FOR A NEW CURRENCY ISSUED IS COMING... THAT'S ALL THE TALK IN IRAQ
10-9-2022 Newshound/Intel Guru Breitling They know the currency has been artificially inflated. They know the solution. Don't look at what's going on between the Sunni and the Shia and the turmoil going on in the parliament. Both sides have the same problem and both sides' answer is the exact same thing. That's all you need to worry about. We're sitting in a very very good position. It's not going backwards its going forward... sooner or later something is going to cause them to start adding value to their currency. [Post 2 of 2]
10-9-2022 Newshound/Intel Guru Breitling Community Comment: "...The CBI will not do anything...until there is an operating government in the country of Iraq. They're trying to dissolve parliament completely and they're having a hard time getting anything done." It sounds like 'oh my god they're gonna dissolve parliament.' I don't believe that. "The CBI doesn't have options." Yes they do have options. But in the end what does both sides want? To expand their markets. They got to have money to do it. [Post 1 of 2....stay tuned]
10-9-2022 Newshound Guru Pimpy These guys wanted to create a 20K dinar. Think about the value of the dinar. If it was going to change to $3.22, $1.50 or even a $1 there wouldn't be a need for a 20k dinar...because you want a lower denomination dinar...they say the governor of Iraq [CBI?] is working on a new category for dinars. I don't agree they should do a 20k. It makes no sense. A 20K dinar is the wrong direction.
10-9-2022 Newshound Guru Sandy Ingram The CBI quietly encouraged loans by the private banking system in Iraq and it worked big time! The credit granted to the public during the first half of 2022 reached $2.53 billion U.S dollars at a rate of around 7% interest. Deposits increased around $5.69 billion...bring the total deposits in the banking sector to $73 billion...You see everyone in Iraq is not broke. The assets in banks grew to 112 billion...things are happening in Iraq for the good. This has happened even with the protests, the political crisis and Iraq not being able to form a government... [post 2 of 2]
10-9-2022 Newshound Guru Sandy Ingram We have excellent news from Iraq. The ARAP private bank league revealed...the financial statistics of the Iraqi banking sector during the first half of 2022 were favorable because of its strategy adopted by the Central Bank of Iraq. This strategy was put into place to strengthen the public's confidence in the banking sector. This is important because there can be little to no talk of a revalue of currency until the Iraqi people trust the banking system and put their money into the bank and not under the mattress. [Post 1 of 2....stay tuned]
10-9-2022 Newshound Guru Samson Article: "Governor of the Central Bank in Parliament to answer the currency of "20,000 dinars" Quote: "During the hosting, we will direct a number of questions to the governor, the most prominent of which are the feasibility, justifications and reasons for taking a decision by the Central Bank to print and issue a new category (20 thousand dinars) and how much money will be issued from the new category and the mechanism for putting such a currency in the market."
10-9-2022 Intel Guru MarkZ [via PDK] [Is this going to be a taxable event? Many differing opinions on this.] I still think it will be a non- taxable event. But I am prepared either way to be safe. We just do not know 100%.
[NOTE: As always, consult your tax professional at the appropriate time.]
10-9-2022 Newshound/Intel Guru Breitling They know the currency has been artificially inflated. They know the solution. Don't look at what's going on between the Sunni and the Shia and the turmoil going on in the parliament. Both sides have the same problem and both sides' answer is the exact same thing. That's all you need to worry about. We're sitting in a very very good position. It's not going backwards its going forward... sooner or later something is going to cause them to start adding value to their currency. [Post 2 of 2]
10-9-2022 Newshound/Intel Guru Breitling Community Comment: "...The CBI will not do anything...until there is an operating government in the country of Iraq. They're trying to dissolve parliament completely and they're having a hard time getting anything done." It sounds like 'oh my god they're gonna dissolve parliament.' I don't believe that. "The CBI doesn't have options." Yes they do have options. But in the end what does both sides want? To expand their markets. They got to have money to do it. [Post 1 of 2....stay tuned]
10-9-2022 Newshound Guru Pimpy These guys wanted to create a 20K dinar. Think about the value of the dinar. If it was going to change to $3.22, $1.50 or even a $1 there wouldn't be a need for a 20k dinar...because you want a lower denomination dinar...they say the governor of Iraq [CBI?] is working on a new category for dinars. I don't agree they should do a 20k. It makes no sense. A 20K dinar is the wrong direction.
10-9-2022 Newshound Guru Sandy Ingram The CBI quietly encouraged loans by the private banking system in Iraq and it worked big time! The credit granted to the public during the first half of 2022 reached $2.53 billion U.S dollars at a rate of around 7% interest. Deposits increased around $5.69 billion...bring the total deposits in the banking sector to $73 billion...You see everyone in Iraq is not broke. The assets in banks grew to 112 billion...things are happening in Iraq for the good. This has happened even with the protests, the political crisis and Iraq not being able to form a government... [post 2 of 2]
10-9-2022 Newshound Guru Sandy Ingram We have excellent news from Iraq. The ARAP private bank league revealed...the financial statistics of the Iraqi banking sector during the first half of 2022 were favorable because of its strategy adopted by the Central Bank of Iraq. This strategy was put into place to strengthen the public's confidence in the banking sector. This is important because there can be little to no talk of a revalue of currency until the Iraqi people trust the banking system and put their money into the bank and not under the mattress. [Post 1 of 2....stay tuned]
10-9-2022 Newshound Guru Samson Article: "Governor of the Central Bank in Parliament to answer the currency of "20,000 dinars" Quote: "During the hosting, we will direct a number of questions to the governor, the most prominent of which are the feasibility, justifications and reasons for taking a decision by the Central Bank to print and issue a new category (20 thousand dinars) and how much money will be issued from the new category and the mechanism for putting such a currency in the market."
10-9-2022 Intel Guru MarkZ [via PDK] [Is this going to be a taxable event? Many differing opinions on this.] I still think it will be a non- taxable event. But I am prepared either way to be safe. We just do not know 100%.
[NOTE: As always, consult your tax professional at the appropriate time.]
10-8-2022 Newshound/Intel Guru RVAlready [I forgot about the meeting Iraq was supposed to hold today.] It looked like another do nothing meeting, unfortunately. I think the UN will have to take action.
10-8-2022 Intel Guru Frank26 Why are these powerhouses of financing moving to Baghdad? IMO it's because Iraq has become (and soon to announce it)...a financial hub. Just their reserves alone is announcing it. Just the economic potential is announcing it...
10-8-2022 Guru Nader From The Mid East Why it's taking a long time to exchange the rate? The first thing is the occupation. The occupation is gone. It's true it's gone, the problem they still occupied the country with money. The dollar. So that they have to change first because Iraqis are buying more dollars than dinars. The second thing they have to change is the 3 zeros...I think they are going to do it soon...It's still a little messy.
10-8-2022 Newshound Guru Pimpy Here's the article that's the big talk of the town. Everybody's talking about the 20k dinar Article: "20 thousand dinars...the new category under the lens of experts, negative and positive" I've had a chance to chat with people, 'Do you think this has anything to do with the revaluation?" No. Not at all. When you have a denomination that high that shows you they don't have plans anytime soon to change the value of the dinar or there would be no need for a 20k dinar.
10-8-2022 Intel Guru MarkZ [via PDK] It seems awfully quiet…We are just watching and waiting for that shoe to drop.
10-8-2022 Newshound Guru Clare Article: "The Central Bank: We will not print a currency higher than 50 thousand Iraqi dinars" Quote: "the Central Bank of Iraq confirmed, today, Thursday, that the new twenty thousand category will carry high security marks, and while he pointed out that there is no tendency to print a category higher than 50 thousand... This category will be an intermediate currency structure and will be enhanced with high security marks from the latest globally and will provide an addition to smaller denominations such as the five thousand and ten thousand."
10-8-2022 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq receives a delegation from the World Bank" NOTICE THE WORLD BANK AND THE INTERNATIONAL WORLD CONSTANTLY MEETS WITH THE GOV OF THE CBI.
10-8-2022 Newshound/Intel Guru Mnt Goat Article: "CHATHAM HOUSE: CORRUPTION IN IRAQ IS CAUSED BY THE US-LED COALITION" This corruption is why we have not yet seen the RV. Just another indicator that the corrupt do not want to give up the golden goose. Well…they are going to give it up, like it or not. These days are slowly coming to an end.
10-8-2022 Intel Guru Bruce [via WiserNow] ...we are supposed to be notified over the weekend. Now what is over the weekend mean? I would say Saturday. And possibly Saturday afternoon might be in play. Could they notify us on Sunday? Yeah. So either day is in play for notifications. What about exchanges? Could we get notified and start Saturday? Yes. Could we start even Sunday? Yes, not as likely. But I say “yes”. ...even though Monday is Columbus Day...it is not a bank holiday - banks will not be closed. So does that mean Monday is in play for us to go in to redemption centers for exchanges? I think so...The good news is this is moving forward...I've been excited all week because I felt like from what I was hearing - we are really getting close.
10-8-2022 Intel Guru Frank26 Why are these powerhouses of financing moving to Baghdad? IMO it's because Iraq has become (and soon to announce it)...a financial hub. Just their reserves alone is announcing it. Just the economic potential is announcing it...
10-8-2022 Guru Nader From The Mid East Why it's taking a long time to exchange the rate? The first thing is the occupation. The occupation is gone. It's true it's gone, the problem they still occupied the country with money. The dollar. So that they have to change first because Iraqis are buying more dollars than dinars. The second thing they have to change is the 3 zeros...I think they are going to do it soon...It's still a little messy.
10-8-2022 Newshound Guru Pimpy Here's the article that's the big talk of the town. Everybody's talking about the 20k dinar Article: "20 thousand dinars...the new category under the lens of experts, negative and positive" I've had a chance to chat with people, 'Do you think this has anything to do with the revaluation?" No. Not at all. When you have a denomination that high that shows you they don't have plans anytime soon to change the value of the dinar or there would be no need for a 20k dinar.
10-8-2022 Intel Guru MarkZ [via PDK] It seems awfully quiet…We are just watching and waiting for that shoe to drop.
10-8-2022 Newshound Guru Clare Article: "The Central Bank: We will not print a currency higher than 50 thousand Iraqi dinars" Quote: "the Central Bank of Iraq confirmed, today, Thursday, that the new twenty thousand category will carry high security marks, and while he pointed out that there is no tendency to print a category higher than 50 thousand... This category will be an intermediate currency structure and will be enhanced with high security marks from the latest globally and will provide an addition to smaller denominations such as the five thousand and ten thousand."
10-8-2022 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq receives a delegation from the World Bank" NOTICE THE WORLD BANK AND THE INTERNATIONAL WORLD CONSTANTLY MEETS WITH THE GOV OF THE CBI.
10-8-2022 Newshound/Intel Guru Mnt Goat Article: "CHATHAM HOUSE: CORRUPTION IN IRAQ IS CAUSED BY THE US-LED COALITION" This corruption is why we have not yet seen the RV. Just another indicator that the corrupt do not want to give up the golden goose. Well…they are going to give it up, like it or not. These days are slowly coming to an end.
10-8-2022 Intel Guru Bruce [via WiserNow] ...we are supposed to be notified over the weekend. Now what is over the weekend mean? I would say Saturday. And possibly Saturday afternoon might be in play. Could they notify us on Sunday? Yeah. So either day is in play for notifications. What about exchanges? Could we get notified and start Saturday? Yes. Could we start even Sunday? Yes, not as likely. But I say “yes”. ...even though Monday is Columbus Day...it is not a bank holiday - banks will not be closed. So does that mean Monday is in play for us to go in to redemption centers for exchanges? I think so...The good news is this is moving forward...I've been excited all week because I felt like from what I was hearing - we are really getting close.
10-7-2022 Guest Guru BobTheTaxMan Currencies are treated differently. We know our exotic currency the IQD is going to be treated as ordinary income. It's calculated on your personal income tax bracket and your filing status...If you're investing in the Forex...currencies...they're treated with a special tax application...cryptocurrencies are treated as a capital asset, meaning if you hold it for more than a year it's going o have a long term capital gain...[NOTE - Consult your tax professionals at the appropriate time to determine the taxes for your unique circumstances.]
10-7-2022 Newshound Guru Sandy Ingram Urgent and disturbing news coming out of the U.N. briefing session on Iraq...U.N. representative Jeanine Plasschaert warned on Tuesday that government spending in Iraq will stop in 2023 if a budget for the country is not approved...Plasschaert went on to say all anti-corruption efforts have failed. This is serious. If Iraq cannot for a government by the year's end we are not sure what will happen. I personally have hope Iraq will pull through and work it all out...
10-7-2022 Newshound Guru Pimpy There's always a possibility that they change the rate contrary to what needs to be done before a rate change should happen...
10-7-2022 Intel Guru MarkZ [via PDK] There is still open conversations on the street of Iraq about the new rate…and how close it is…this is what we should focus on because they will continue to put out conflicting stories just to keep us confused... This is on purpose. Actually it’s not us they want to confuse but the big whales on forex trading they want to keep confused. ...Everyone is waiting at the edge of their seats…waiting for that shoe to drop and somebody to flip the switch…what that timing is…I do not know. [post 2 of 2]
10-7-2022 Intel Guru MarkZ [via PDK] I’m hoping it is the “Golden Goose Weekend”. A lot of conjecture about this 3 day weekend. Everyone is where they need to be right now and they are being leaned on to...stay quiet. Iraq is absolutely predictable right now…you have one article comes out saying it will happen today and then another article comes out saying it won’t happen for 3 years…. It is totally expected what we are seeing out of Iraq right now. [post 1 of 2....stay tuned]
10-7-2022 Newshound Guru MilitiaMan Article: "A deputy calls on the Sudanese to implement his economic reform program" Quote: "one of the steps of economic reforms in Iraq is to restore the exchange rate of the Iraqi dinar against the US dollar from 1450 dinars to 1180 dinars for 1 dollar." ...There is no evidence that going back to 1180 is part of any plan let alone from someone who is not in charge yet nor may ever be. The CBI has stated there is a need in the future for coins. They have already in 2018 have had new currency issuance noted in their financials. The rate of 1180 will never work to have a need for coins.. lol EVER...
10-7-2022 Intel Guru Frank26 The governor of the Central Bank of Iraq took out over 20 years ago the coins due to a rate change that would make these coins worthless. Now the CBI brings back/reintroduces coins/fils...? Why? Because a rate change is occurring. The 1, 5,10, 20, 50, 100 - we told you about these...So did the CBI... The monetary reform education marches on...with coin education to the citizens of Iraq...it is important that the citizens of Iraq be educated on the power of 'less than a dinar'...
10-7-2022 Intel Guru MarkZ [via PDK] [Multiple reports from diverse sources say that IQD is trading at THE NEW RATE overseas and on forex. What is that rate and why has it not made it here yet?] In Kuwait it took 10 days before the RV traded here in the US at a changed value...Buckle up…we are watching it play out….this is a time to find our extra patience…
10-7-2022 Newshound/Intel Guru Mnt Goat The UN said they would give Iraq until Oct 4th to form their government and if not they would step in. So now they have stepped in and gave what I call the first of stern warnings to Iraq. The next warning will not be so gentle. Could Iraq go back into Trusteeship? They are now totally out of Chapter 7, as we know, and so this would be a step backwards for them and out [our?] investment too.
10-7-2022 Newshound Guru Sandy Ingram Urgent and disturbing news coming out of the U.N. briefing session on Iraq...U.N. representative Jeanine Plasschaert warned on Tuesday that government spending in Iraq will stop in 2023 if a budget for the country is not approved...Plasschaert went on to say all anti-corruption efforts have failed. This is serious. If Iraq cannot for a government by the year's end we are not sure what will happen. I personally have hope Iraq will pull through and work it all out...
10-7-2022 Newshound Guru Pimpy There's always a possibility that they change the rate contrary to what needs to be done before a rate change should happen...
10-7-2022 Intel Guru MarkZ [via PDK] There is still open conversations on the street of Iraq about the new rate…and how close it is…this is what we should focus on because they will continue to put out conflicting stories just to keep us confused... This is on purpose. Actually it’s not us they want to confuse but the big whales on forex trading they want to keep confused. ...Everyone is waiting at the edge of their seats…waiting for that shoe to drop and somebody to flip the switch…what that timing is…I do not know. [post 2 of 2]
10-7-2022 Intel Guru MarkZ [via PDK] I’m hoping it is the “Golden Goose Weekend”. A lot of conjecture about this 3 day weekend. Everyone is where they need to be right now and they are being leaned on to...stay quiet. Iraq is absolutely predictable right now…you have one article comes out saying it will happen today and then another article comes out saying it won’t happen for 3 years…. It is totally expected what we are seeing out of Iraq right now. [post 1 of 2....stay tuned]
10-7-2022 Newshound Guru MilitiaMan Article: "A deputy calls on the Sudanese to implement his economic reform program" Quote: "one of the steps of economic reforms in Iraq is to restore the exchange rate of the Iraqi dinar against the US dollar from 1450 dinars to 1180 dinars for 1 dollar." ...There is no evidence that going back to 1180 is part of any plan let alone from someone who is not in charge yet nor may ever be. The CBI has stated there is a need in the future for coins. They have already in 2018 have had new currency issuance noted in their financials. The rate of 1180 will never work to have a need for coins.. lol EVER...
10-7-2022 Intel Guru Frank26 The governor of the Central Bank of Iraq took out over 20 years ago the coins due to a rate change that would make these coins worthless. Now the CBI brings back/reintroduces coins/fils...? Why? Because a rate change is occurring. The 1, 5,10, 20, 50, 100 - we told you about these...So did the CBI... The monetary reform education marches on...with coin education to the citizens of Iraq...it is important that the citizens of Iraq be educated on the power of 'less than a dinar'...
10-7-2022 Intel Guru MarkZ [via PDK] [Multiple reports from diverse sources say that IQD is trading at THE NEW RATE overseas and on forex. What is that rate and why has it not made it here yet?] In Kuwait it took 10 days before the RV traded here in the US at a changed value...Buckle up…we are watching it play out….this is a time to find our extra patience…
10-7-2022 Newshound/Intel Guru Mnt Goat The UN said they would give Iraq until Oct 4th to form their government and if not they would step in. So now they have stepped in and gave what I call the first of stern warnings to Iraq. The next warning will not be so gentle. Could Iraq go back into Trusteeship? They are now totally out of Chapter 7, as we know, and so this would be a step backwards for them and out [our?] investment too.
10-6-2022 Intel Guru MarkZ [via PDK] It’s been quiet on the RV front but, we have some news coming out of Iraq as they discuss denominations and new bills as they have floated the thought of printing a new 20K note. We saw exactly this happening in Kuwait and other revaluations…. They want to throw off timing…so don’t panic when you see those stories. This is totally expected …instead focus on Iraq stockpiling gold and getting most of their own currency off the streets. We are still hearing positive things out of redemption areas...They still think it could go minute to minute.
10-6-2022 Intel Guru Frank26 Article: "Economist: It is necessary to convert small denominations of currency into coins" THE LOWER 3 ZERO NOTES WILL BECOME COINS... NOTICE I ONLY TOLD YOU ABOUT THE 1, 5, 10, 20, 100 ETC. AND THIS IS THE FIRST TIME THE MR EDUCATION EXPLAINS TO THE CITIZENS ABOUT THE FILS AND THE LOW 3 ZERO NOTES
10-6-2022 Newshound Guru Clare Community comment: "...When the satellite bank opens up the Iraqi citizens in the United States would not be getting the new small note but would be able to exchange with the new rate (from the second set of books) and that no one knew what the new rate is" NO YOU ARE MISTAKEN...WHEN THE CBI OFFICIALLY CHANGES THE RATE ALL BANKS WILL HAVE IT (THAT DEAL WITH THE DINAR) IMO.
10-6-2022 Intel Guru MarkZ [via PDK] [What rate are you still hearing the Dinar will RV at? $4 still?] I am hearing from almost all of my banking sources telling me repeatedly that the values/rates I had anticipated are very low compared to what they actually are. This is a great thing for us. I am excited about that but will continue to think on the lower side and be surprised if the rates are higher.
10-6-2022 Newshound Guru Sandy Ingram The OPEC+ group has agreed to reduce its daily oil production by an average of 2 million barrels per day. When you limit the supply the price automatically stays the same or they go up...at the same time this limits the monthly income Iraq can experience thus affecting Iraq's financial status...the OPEC group decided to start applying this reduction in November of 2022...
10-6-2022 Newshound Guru Pimpy Article: "Iraq is the largest buyer of gold for the second quarter of this year" Congratulations to Iraq.
10-6-2022 Intel Guru MarkZ [via PDK] I was told from some amazing sources that Iraq’s goal was to have this all done in July…but there was major hiccups and the rest of the world that have signed on to the Gold Treaty are very frustrated with them. Maybe this rumor was spread on purpose that the world was going to go without Iraq to get Iraq to get their s*** together and motivate them to get it done? Iraq could be saying ”Oh crap-we will be left behind…the rest of the world will have prosperity without us…our people will be really ticked at us…we better get it going?” I wonder if the world is firing a warning shot at Iraq…that makes sense to me. A carrot and a stick. Either way to me is so exciting.
10-6-2022 Newshound Guru Kaperoni Guru Mtn Goat is talking about the published statement on deleting zeros that it needs parliament approval... Parliament approval is an indication of the LOP neutral event. Parliament approval is not necessary for...raising and lowering the exchange rate. Changing the face value of currency notes from their printed value are things that require parliamentary approval. This is not what we want to ever see happen. If Iraq moves forward in gets parliament to approve to change the value of the currency from their printed value this is a neutral event and there is no gain on the value of the currency.
10-6-2022 Newshound Guru Militiaman They clearly are telling us there is an imminent launch of a new currency denomination(s)...to match more closely to the neighboring countries...Iran, Turkey, Saudi Arabia, Syria, Jordan and Kuwait.. None of which now or will have 20,000 notes...they use the wording of they; will be issuing a new denomination with the value of 20,000 dinars. Well if they delete the three zeros off the exchange rate we get a 20 Dinar note with the value of 20,000 dinars to be in line with denominations in the region.
10-6-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is on the news saying they will support and back all banks in Iraq. And if any bank has issues the CBI will assist quickly and help out. They talked about the reserve levels and they are at the highest in the history of our nation. They are educating us more than ever before...they also talked about how strong and stable the CBI is...
10-6-2022 Intel Guru Frank26 Article: "Economist: It is necessary to convert small denominations of currency into coins" THE LOWER 3 ZERO NOTES WILL BECOME COINS... NOTICE I ONLY TOLD YOU ABOUT THE 1, 5, 10, 20, 100 ETC. AND THIS IS THE FIRST TIME THE MR EDUCATION EXPLAINS TO THE CITIZENS ABOUT THE FILS AND THE LOW 3 ZERO NOTES
10-6-2022 Newshound Guru Clare Community comment: "...When the satellite bank opens up the Iraqi citizens in the United States would not be getting the new small note but would be able to exchange with the new rate (from the second set of books) and that no one knew what the new rate is" NO YOU ARE MISTAKEN...WHEN THE CBI OFFICIALLY CHANGES THE RATE ALL BANKS WILL HAVE IT (THAT DEAL WITH THE DINAR) IMO.
10-6-2022 Intel Guru MarkZ [via PDK] [What rate are you still hearing the Dinar will RV at? $4 still?] I am hearing from almost all of my banking sources telling me repeatedly that the values/rates I had anticipated are very low compared to what they actually are. This is a great thing for us. I am excited about that but will continue to think on the lower side and be surprised if the rates are higher.
10-6-2022 Newshound Guru Sandy Ingram The OPEC+ group has agreed to reduce its daily oil production by an average of 2 million barrels per day. When you limit the supply the price automatically stays the same or they go up...at the same time this limits the monthly income Iraq can experience thus affecting Iraq's financial status...the OPEC group decided to start applying this reduction in November of 2022...
10-6-2022 Newshound Guru Pimpy Article: "Iraq is the largest buyer of gold for the second quarter of this year" Congratulations to Iraq.
10-6-2022 Intel Guru MarkZ [via PDK] I was told from some amazing sources that Iraq’s goal was to have this all done in July…but there was major hiccups and the rest of the world that have signed on to the Gold Treaty are very frustrated with them. Maybe this rumor was spread on purpose that the world was going to go without Iraq to get Iraq to get their s*** together and motivate them to get it done? Iraq could be saying ”Oh crap-we will be left behind…the rest of the world will have prosperity without us…our people will be really ticked at us…we better get it going?” I wonder if the world is firing a warning shot at Iraq…that makes sense to me. A carrot and a stick. Either way to me is so exciting.
10-6-2022 Newshound Guru Kaperoni Guru Mtn Goat is talking about the published statement on deleting zeros that it needs parliament approval... Parliament approval is an indication of the LOP neutral event. Parliament approval is not necessary for...raising and lowering the exchange rate. Changing the face value of currency notes from their printed value are things that require parliamentary approval. This is not what we want to ever see happen. If Iraq moves forward in gets parliament to approve to change the value of the currency from their printed value this is a neutral event and there is no gain on the value of the currency.
10-6-2022 Newshound Guru Militiaman They clearly are telling us there is an imminent launch of a new currency denomination(s)...to match more closely to the neighboring countries...Iran, Turkey, Saudi Arabia, Syria, Jordan and Kuwait.. None of which now or will have 20,000 notes...they use the wording of they; will be issuing a new denomination with the value of 20,000 dinars. Well if they delete the three zeros off the exchange rate we get a 20 Dinar note with the value of 20,000 dinars to be in line with denominations in the region.
10-6-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is on the news saying they will support and back all banks in Iraq. And if any bank has issues the CBI will assist quickly and help out. They talked about the reserve levels and they are at the highest in the history of our nation. They are educating us more than ever before...they also talked about how strong and stable the CBI is...
10-5-2022 Intel Guru MarkZ [via PDK] This is the opposite of what we were told in the past…but, it is a rumor worth mentioning. And this is a big rumor right now in redemption areas that the other currencies would go now and Iraq would follow in a few short weeks. And they would freeze all currency purchases to keep us all from double dipping...if true it is exciting…. [So the dong may go before the dinar?] That is the rumor out there today... [post 2 of 2]
10-5-2022 Intel Guru MarkZ [via PDK] There is a lot of information coming in from redemption areas like Reno, Miami, Zurich…They are still extremely hopeful for today and the next few coming days. They were told folks are working around the clock and scrambling to get it out…. I have been getting emails, calls and texts today about how close they believe we are... I was told there is a good chance (...a big chance) right now, because Iraq continues to have issues getting across the finish line…that they may go ahead and release all BUT IRAQ... [post 1 of 2....stay tuned]
10-5-2022 Newshound Guru Sandy Ingram There is a global concern that there will be less demand for crude oil in the near future due to the economy stagnating...OPEC will meet on the 5th of this month which is in a couple of days. It is expected OPEC will cut production of crude oil...Be aware of a bumpy road for Iraq who depends heavily on oil revenue...this means as investors we too are in for a bumpy ride when it comes to currency revaluation...
10-5-2022 Newshound Guru Pimpy Article "Central Bank reserves exceed the ceiling of 87 billion dollars" When it comes to talking about changing the Iraqi exchange rate this of course contributes to it in a big way. This is awesome for Iraq . That's a huge part of the exchange rate change. The more reserves you have the more you're able to protect the value of your currency...
10-5-2022 Newshound Guru Samson Article: "The appearance of Muhammad Salih : Issuing a new denomination of currency .. Improving the efficiency of the monetary system" Quote "...the Governor of the Central Bank, Ghaleb Mukhaif, said in a press statement: We are currently working on completing the design of a new currency of 20 thousand dinars, after a series of practical studies to unify the Iraqi currency, and it will be announced after completing its printing in the future."
10-5-2022 Intel Guru Bruce [via WiserNow] ...the Iraqi dinar...rate was out. And it was out for Iraqi Americans in this country in four states and to exchange their dinar here...in four states redemption centers that were opened specifically to exchange them yesterday...that was in Michigan, and Indiana -Texas and Florida...and that was through Wells Fargo...In addition to that there were 19 countries with HSBC banks, exchanging Iraqi dual citizens in those countries... And we know roughly what rate they exchanged that I'm not at liberty to discuss that...but I believe that we're next...I'm not calling it - but I'm very close to it right now.
10-5-2022 Intel Guru MarkZ [via PDK] Iraq is very quiet but they did auction off $263 million dollars of foreign currency yesterday that is not theirs….in other words they are using foreign currency to buy and get more dinar off the streets. I think this is a very positive sign for us right now…They are clearly expecting something or they would not be spending millions to limit the amount of their own currency on the streets. Imo
10-5-2022 Newshound/Intel Guru Mnt Goat ...so the politicians in charge as a result of this election saga will have to be willing to take this risk and go ahead with it. ...this will prevent much of the ongoing corruption and theft of the CBI reserves from the Central Bank. In other words they will lose their golden goose that lays the golden eggs, in other words we cannot have newly elected politicians who are in on this same old game of theft... But the good news...is we are here now and all this corruption and those doing it are being exposed and challenged and so this is the time of change and it is coming...[post 2 of 2]
10-5-2022 Newshound/Intel Guru Mnt Goat I know for a FACT that the project to delete the zeros is “on the table” meaning that the Central Bank has it on their plate to finally complete this project and issue the lower of the lower denominations besides the 250, 500 and 1000 notes already in circulation. But they need legislation to do it thus they need a new functional government in place and a Financial Ministry and Financial Committee that supports doing the project and allocating funding to do it...There are also risks involved in undertaking any such project... [post 1 of 2....stay tuned]
10-5-2022 Newshound Guru MilitiaMan Article: "Deputy: Reducing the price of the dollar will be a top priority for the new government" Reverting back to 1190 is not reverting back to an era that was internationally acceptable nor Article VIII compliant with the IMF. Having small category denominations doesn't work with program rates. The CBI didn't print new currency issuances in 2018 to throw them in the trash.. They intend to use them...
10-5-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said there's no way Kazemi is doing these deals internationally with countries on trade and banking without a previous discussion about Iraq's rate. No way this can come about at a program rate. Something behind the scenes has been going on for a long time...we see foreign reserves at all time high...That will make it [the dinar] even stronger to revalue because we have the high reserve rate of the dollar... FRANK: It all points to something major...
10-5-2022 Newshound/Intel Guru Breitling The timing [of a rate change] has to do with markets. Right now Iraq is making a ton of money selling oil...
10-5-2022 Intel Guru MarkZ [via PDK] There is a lot of information coming in from redemption areas like Reno, Miami, Zurich…They are still extremely hopeful for today and the next few coming days. They were told folks are working around the clock and scrambling to get it out…. I have been getting emails, calls and texts today about how close they believe we are... I was told there is a good chance (...a big chance) right now, because Iraq continues to have issues getting across the finish line…that they may go ahead and release all BUT IRAQ... [post 1 of 2....stay tuned]
10-5-2022 Newshound Guru Sandy Ingram There is a global concern that there will be less demand for crude oil in the near future due to the economy stagnating...OPEC will meet on the 5th of this month which is in a couple of days. It is expected OPEC will cut production of crude oil...Be aware of a bumpy road for Iraq who depends heavily on oil revenue...this means as investors we too are in for a bumpy ride when it comes to currency revaluation...
10-5-2022 Newshound Guru Pimpy Article "Central Bank reserves exceed the ceiling of 87 billion dollars" When it comes to talking about changing the Iraqi exchange rate this of course contributes to it in a big way. This is awesome for Iraq . That's a huge part of the exchange rate change. The more reserves you have the more you're able to protect the value of your currency...
10-5-2022 Newshound Guru Samson Article: "The appearance of Muhammad Salih : Issuing a new denomination of currency .. Improving the efficiency of the monetary system" Quote "...the Governor of the Central Bank, Ghaleb Mukhaif, said in a press statement: We are currently working on completing the design of a new currency of 20 thousand dinars, after a series of practical studies to unify the Iraqi currency, and it will be announced after completing its printing in the future."
10-5-2022 Intel Guru Bruce [via WiserNow] ...the Iraqi dinar...rate was out. And it was out for Iraqi Americans in this country in four states and to exchange their dinar here...in four states redemption centers that were opened specifically to exchange them yesterday...that was in Michigan, and Indiana -Texas and Florida...and that was through Wells Fargo...In addition to that there were 19 countries with HSBC banks, exchanging Iraqi dual citizens in those countries... And we know roughly what rate they exchanged that I'm not at liberty to discuss that...but I believe that we're next...I'm not calling it - but I'm very close to it right now.
10-5-2022 Intel Guru MarkZ [via PDK] Iraq is very quiet but they did auction off $263 million dollars of foreign currency yesterday that is not theirs….in other words they are using foreign currency to buy and get more dinar off the streets. I think this is a very positive sign for us right now…They are clearly expecting something or they would not be spending millions to limit the amount of their own currency on the streets. Imo
10-5-2022 Newshound/Intel Guru Mnt Goat ...so the politicians in charge as a result of this election saga will have to be willing to take this risk and go ahead with it. ...this will prevent much of the ongoing corruption and theft of the CBI reserves from the Central Bank. In other words they will lose their golden goose that lays the golden eggs, in other words we cannot have newly elected politicians who are in on this same old game of theft... But the good news...is we are here now and all this corruption and those doing it are being exposed and challenged and so this is the time of change and it is coming...[post 2 of 2]
10-5-2022 Newshound/Intel Guru Mnt Goat I know for a FACT that the project to delete the zeros is “on the table” meaning that the Central Bank has it on their plate to finally complete this project and issue the lower of the lower denominations besides the 250, 500 and 1000 notes already in circulation. But they need legislation to do it thus they need a new functional government in place and a Financial Ministry and Financial Committee that supports doing the project and allocating funding to do it...There are also risks involved in undertaking any such project... [post 1 of 2....stay tuned]
10-5-2022 Newshound Guru MilitiaMan Article: "Deputy: Reducing the price of the dollar will be a top priority for the new government" Reverting back to 1190 is not reverting back to an era that was internationally acceptable nor Article VIII compliant with the IMF. Having small category denominations doesn't work with program rates. The CBI didn't print new currency issuances in 2018 to throw them in the trash.. They intend to use them...
10-5-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said there's no way Kazemi is doing these deals internationally with countries on trade and banking without a previous discussion about Iraq's rate. No way this can come about at a program rate. Something behind the scenes has been going on for a long time...we see foreign reserves at all time high...That will make it [the dinar] even stronger to revalue because we have the high reserve rate of the dollar... FRANK: It all points to something major...
10-5-2022 Newshound/Intel Guru Breitling The timing [of a rate change] has to do with markets. Right now Iraq is making a ton of money selling oil...
10-4-2022 Newshound Guru Kaperoni As the IMF stated, from the Article IV Consultation of 2013 with Iraq... they encourage Iraq to create the conditions which would make it possible...to move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate.
10-4-2022 Intel Guru MarkZ [via PDK] ...I was leaned on to not release details for the next few days. Everybody I know has been leaned on to be quiet. But they didn’t show up with money and a NDA….so I am only going to be “so quiet.” If they show up with money I can spend and I will be real quiet..lol…Mark who??
10-4-2022 Newshound/Intel Guru Mnt Goat Article quote: “The process of deleting zeros from the currency needs to legislate a law and requires some modifications, and the atmosphere must be available to accept such modifications, noting that the central bank presented earlier a project on the process of deleting zeros." ...I keep talking about this project because I know it is the first step towards to the activation of the reinstatement that follows it...It is like the key to unlock the RV….
10-4-2022 Newshound Guru Sandy Ingram ...When we move over to the Central Bank of Iraq we find no new announcements, which is normal. The governor of the CBI is doing a lot of what the prime minister of Iraq is doing and he is meeting with neighboring countries to build bridges and economic ties...
10-4-2022 Newshound/Intel Guru RVAlready I think it is clear that, with the failure of the Iraqi political system, the UN will have to force them into a set of agreements. The UN has experience with these sorts of situations. They now have to decide what tools from their arsenal to bring to bear.
10-4-2022 Newshound Guru Pimpy The rumor is they're going to raise the exchange rate of the Iraqi dinar to help settle the problems over there. No they're not. There is no such report whatsoever. That's false. But if they get back on track, they're doing all things necessary for them to make the right moves when it comes to the Iraqi dinar when the time comes...
10-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank guy says there's too much turmoil right now. It's too unstable he thinks for a major change. Until something is settled about government... FRANK: ...We need a fully seated government. I agree with that 100%. That is where we are at...IMO a fully seated government is right around the corner. It's very very close...
10-4-2022 Intel Guru MarkZ [via PDK] Very quiet on the RV front this morning but lots of anticipation...we know we are close even though we don’t know the exact timing. It should have happened at least 3-4 times over the last 20 years…It should have happened for sure in 2019…I think we will have it this month…i thought we should have had it late last month. I totally believe it will be this year. Of course I will have more egg on my face if I am wrong…i don’t think I am wrong.
10-4-2022 Newshound Guru Militiaman When they reduced the IQD to 1460 from 1190, it hurt the poor...The next stage for the Central Bank is to serve its purpose...that benefits the poor with purchase power...it is to adjust the value of the IQD to an internationally acceptable and tradable currency outside it's borders and on international platforms with an IMF Article VIII compliant currency. That is what has become a popular demand we are reading about.
10-4-2022 Newshound Guru Samson Article: "Iran announces the release of $7 billion of its frozen assets" Quote: "negotiations mediated by one of the countries in the region for the simultaneous release of prisoners between Iran and the United States and billions of dollars of frozen Iranian assets as part of the prisoner liberation deal."
10-4-2022 Intel Guru MarkZ [via PDK] ...I was leaned on to not release details for the next few days. Everybody I know has been leaned on to be quiet. But they didn’t show up with money and a NDA….so I am only going to be “so quiet.” If they show up with money I can spend and I will be real quiet..lol…Mark who??
10-4-2022 Newshound/Intel Guru Mnt Goat Article quote: “The process of deleting zeros from the currency needs to legislate a law and requires some modifications, and the atmosphere must be available to accept such modifications, noting that the central bank presented earlier a project on the process of deleting zeros." ...I keep talking about this project because I know it is the first step towards to the activation of the reinstatement that follows it...It is like the key to unlock the RV….
10-4-2022 Newshound Guru Sandy Ingram ...When we move over to the Central Bank of Iraq we find no new announcements, which is normal. The governor of the CBI is doing a lot of what the prime minister of Iraq is doing and he is meeting with neighboring countries to build bridges and economic ties...
10-4-2022 Newshound/Intel Guru RVAlready I think it is clear that, with the failure of the Iraqi political system, the UN will have to force them into a set of agreements. The UN has experience with these sorts of situations. They now have to decide what tools from their arsenal to bring to bear.
10-4-2022 Newshound Guru Pimpy The rumor is they're going to raise the exchange rate of the Iraqi dinar to help settle the problems over there. No they're not. There is no such report whatsoever. That's false. But if they get back on track, they're doing all things necessary for them to make the right moves when it comes to the Iraqi dinar when the time comes...
10-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank guy says there's too much turmoil right now. It's too unstable he thinks for a major change. Until something is settled about government... FRANK: ...We need a fully seated government. I agree with that 100%. That is where we are at...IMO a fully seated government is right around the corner. It's very very close...
10-4-2022 Intel Guru MarkZ [via PDK] Very quiet on the RV front this morning but lots of anticipation...we know we are close even though we don’t know the exact timing. It should have happened at least 3-4 times over the last 20 years…It should have happened for sure in 2019…I think we will have it this month…i thought we should have had it late last month. I totally believe it will be this year. Of course I will have more egg on my face if I am wrong…i don’t think I am wrong.
10-4-2022 Newshound Guru Militiaman When they reduced the IQD to 1460 from 1190, it hurt the poor...The next stage for the Central Bank is to serve its purpose...that benefits the poor with purchase power...it is to adjust the value of the IQD to an internationally acceptable and tradable currency outside it's borders and on international platforms with an IMF Article VIII compliant currency. That is what has become a popular demand we are reading about.
10-4-2022 Newshound Guru Samson Article: "Iran announces the release of $7 billion of its frozen assets" Quote: "negotiations mediated by one of the countries in the region for the simultaneous release of prisoners between Iran and the United States and billions of dollars of frozen Iranian assets as part of the prisoner liberation deal."
10-3-2022 *** Dinar Guru Community Update *** UPDATE - Guru Walkingstick made it out of exploratory investigative surgery. The surgeons learned what they needed to do for the "main" surgery coming up. He's ok! - Guru Walkingstick has been struggling with major health issues. His doctors felt the need to move up a scheduled surgery to today. It's high risk but necessary. Very scary but he's a brave soul. Please as you move throughout the morning keep him and his family in your thoughts and prayers... The latest guru posts will continue below...
10-3-2022 Intel Guru Fleming Last night Nick [Fleming] was asked to sign a NDA...This was in keeping with the protocol long ago...it is the first step necessary for the RV launch...the precursor to the RV/GCR...get happy friends...the party is just getting started...
10-3-2022 Guest Guru BobTheTaxMan Question: "Is Warka back on board? Can we connect with them? The bank itself has one main branch which is still open in Baghdad...structure wise they still are there, they're just not functioning at the moment. When they get through going through what they're going to go through then I suspect we'll hear something then. Right now there's no communicating with them via email like we used to be able to? No. I tried contacting CBI and a few other routes to see if I could get access to them and I can't get anybody...
10-3-2022 Intel Guru MarkZ [via PDK] ...today is a holiday in Iraq “National Iraq Day” or something like that…it would be the perfect time for them to move forward. I am told they are competing in Iraq as to who gets to take credit for the revaluation of their currency. It is exciting to watch what is going on right now.
10-3-2022 Intel Guru Frank26 They've already announced they're going to be giving them a new currency and new exchange rate. There's security and stability in their country like there's never been before and Iran is so scared they won't even pick up a rock to throw it anymore. Obviously sir you do not know what you're talking about... [Post 2 of 2]
10-3-2022 Intel Guru Frank26 Community Comment "Iraq is doing the same-old-same-old." No. I beg to differ with you in a polite manner...they have announced to the Iraqi citizens that they are going to float their currency at 1 to 1 pegged to the American dollar so they can go out international ...they've basically announced that they're Article VIII... [Post 1 of 2....stay tuned]
10-3-2022 Intel Guru MarkZ [via PDK] “Iraq is the largest buyer of gold for the second quarter of this year” They are stockpiling... They know whats coming. They need to be able to support their currency whether the oil markets are up or down. They are clearly positioning themselves for an “asset backed world”. Iraq is positioning themselves to be a juggernaut in the region for many decades.
10-3-2022 Newshound Guru Sandy Ingram Warning...When I traveled back to the mainland - Costa Rica gave me chills when it comes to finances. At the international airport in San Jose Costa Rica they consistently announced if you were traveling with over $10,000 U.S. dollars or the equivalent you must report the monies. If you do not report the funds and customs find the funds the entire amount will be confiscated with no possibility of the money being returned. The Costa Rican government repeated the gist of this message over and over...If you must travel with cash, or IQD, travel with $9,000 USD or IQD equal to $9,000...
10-3-2022 Newshound Guru Militiaman At present there is no positive step to the issuance of a 20k note. In what world would that make any sense at all at present? Unless, the 20,000 note value is not from a 20k note but from a 20 denomination note with an international acceptable exchange rate attached to it..?
10-3-2022 Newshound Guru Samson Article: "Deputy: Reducing the price of the dollar will be a top priority for the new government" Quote: "The deputy of the coordination framework, Ali Al-Bandawi, revealed, on Monday, the existence of a study on the possibility of returning the dollar exchange rate to its previous era, stressing that returning the exchange rate to what it was before has become a popular demand."
10-3-2022 Intel Guru MarkZ [via PDK] ...at the end they say they aren’t going to rv for months…well we saw this in Kuwait and China and in every modern day revaluation of currency over the last 50 years…where they lay it all out there and tell us its coming… then they say there are no plans to do it soon… (They wont tell us the timing…they want to cloud it) ...then they have covered their bases…
10-3-2022 Guest Guru BobTheTaxMan Question: "Is Warka back on board? Can we connect with them? The bank itself has one main branch which is still open in Baghdad...structure wise they still are there, they're just not functioning at the moment. When they get through going through what they're going to go through then I suspect we'll hear something then. Right now there's no communicating with them via email like we used to be able to? No. I tried contacting CBI and a few other routes to see if I could get access to them and I can't get anybody...
10-3-2022 Intel Guru MarkZ [via PDK] ...today is a holiday in Iraq “National Iraq Day” or something like that…it would be the perfect time for them to move forward. I am told they are competing in Iraq as to who gets to take credit for the revaluation of their currency. It is exciting to watch what is going on right now.
10-3-2022 Intel Guru Frank26 They've already announced they're going to be giving them a new currency and new exchange rate. There's security and stability in their country like there's never been before and Iran is so scared they won't even pick up a rock to throw it anymore. Obviously sir you do not know what you're talking about... [Post 2 of 2]
10-3-2022 Intel Guru Frank26 Community Comment "Iraq is doing the same-old-same-old." No. I beg to differ with you in a polite manner...they have announced to the Iraqi citizens that they are going to float their currency at 1 to 1 pegged to the American dollar so they can go out international ...they've basically announced that they're Article VIII... [Post 1 of 2....stay tuned]
10-3-2022 Intel Guru MarkZ [via PDK] “Iraq is the largest buyer of gold for the second quarter of this year” They are stockpiling... They know whats coming. They need to be able to support their currency whether the oil markets are up or down. They are clearly positioning themselves for an “asset backed world”. Iraq is positioning themselves to be a juggernaut in the region for many decades.
10-3-2022 Newshound Guru Sandy Ingram Warning...When I traveled back to the mainland - Costa Rica gave me chills when it comes to finances. At the international airport in San Jose Costa Rica they consistently announced if you were traveling with over $10,000 U.S. dollars or the equivalent you must report the monies. If you do not report the funds and customs find the funds the entire amount will be confiscated with no possibility of the money being returned. The Costa Rican government repeated the gist of this message over and over...If you must travel with cash, or IQD, travel with $9,000 USD or IQD equal to $9,000...
10-3-2022 Newshound Guru Militiaman At present there is no positive step to the issuance of a 20k note. In what world would that make any sense at all at present? Unless, the 20,000 note value is not from a 20k note but from a 20 denomination note with an international acceptable exchange rate attached to it..?
10-3-2022 Newshound Guru Samson Article: "Deputy: Reducing the price of the dollar will be a top priority for the new government" Quote: "The deputy of the coordination framework, Ali Al-Bandawi, revealed, on Monday, the existence of a study on the possibility of returning the dollar exchange rate to its previous era, stressing that returning the exchange rate to what it was before has become a popular demand."
10-3-2022 Intel Guru MarkZ [via PDK] ...at the end they say they aren’t going to rv for months…well we saw this in Kuwait and China and in every modern day revaluation of currency over the last 50 years…where they lay it all out there and tell us its coming… then they say there are no plans to do it soon… (They wont tell us the timing…they want to cloud it) ...then they have covered their bases…
10-2-2022 Intel Guru Frank26 Article: "America and Britain: The "green events" cannot be allowed to happen again, and Iraq needs to form a government" NOTICE THE CONCERN OF IRAQ INVESTORS... THEY CONSTANTLY REPEAT 'SIT YOUR GOVERNMENT PLEASE!' WHY?... BECAUSE THEY KNOW ALL THAT IS NEEDED FOR THE REFORM IS AN OFFICIAL GOV BY KAZEMI.
10-2-2022 Newshound Guru Walkingstick [via Frank26] Iraq is no longer a weak country, with a weak government, with a weak currency. The IMF, AMF, World Bank are counting on the IQD as they count their new small category notes in their banks whether they be physical or electronical...
10-2-2022 Newshound Guru Breitling Question: "Don't shoot the messenger! This concept is out there often - 'Iraq is in no position to float the Iraqi dinar because they are 90% dependent on oil and until they pass laws, diversify their economy, the central bank will not float the dinar. This is going to take months or even years before they're in a position to begin to raise the value.' What is wrong about that statement?" It's completely backwards because what they need to do if they want to diversify is to add value to the currency...they can't diversify without a currency...
10-2-2022 Newshound Guru Pimpy Question: "We realize there are certain steps that must take place before the revaluation of the Iraqi dinar but IYO is there a scenario in which it could be done sooner than later?" Of course it could. You gotta understand who determines the rate change is going to be between the Central Bank of Iraq...and it will be discussed with the Prime Minister and the president of Iraq as to why they feel a higher exchange rate is necessary. If they agree, they go ahead and make the change...
10-2-2022 Newshound Guru Kaperoni Iraq is in no position to change the exchange rate at this time...Iraq needs to diversify away from oil, create a private sector market economy where they manufacture, have agriculture, etc. To support their own economy. Until they pass laws, have a stable government, foreign investment to diversify nothing is going to happen.
10-2-2022 Newshound Guru Samson Article: "American Institute: The world is moving towards not recognizing the Iraqi diplomatic passport" Quote: "the Geneva Convention granted the right to every state participating in the United Nations to issue 1,000 diplomatic passports for every 100 million of its population...Japan, with a population of 125 million, issued only 1,000
diplomatic passports...Iraq...forty million people, has issued...15,000 passports...many problems contributed to the spread of Iraqi diplomatic passports, most notably the bubble of political elites in Iraq, wasta and corruption..."
10-2-2022 Newshound Guru MilitiaMan We have been told over and over that the CBI has upwards of 90 -145 billion in $ reserves and over 130 tonnes of gold. The border income may match or exceed Iraq's oil revenues. Add in the Natural Gas deals? You get the picture. The new notes expected will be supported by all that aforementioned and the private sector once the re [RI?] construction process begins...we know what the CBI is about to do, or they wouldn't be talking about deleting the three zeros from the exchange rate now would they?
10-2-2022 Intel Guru Frank26 When the new small category notes come out there's going to be a 1, 5, 10, and 20 dinar...and a 50 and 100...later the fils will come out. This [new] 20K is a 3 zero note that is educating the citizens of Iraq of their currency changing right before their eyes. This had to happen...
10-2-2022 Newshound Guru Clare Article: "After reaching international forums, the Iraqi company TNFX obtains a global license" Quote: "The license allows it to deal financially in Iraq and abroad, and it is one of the reliable international financial dealing companies" COPIED FROM TNFK WEBSITE: TNFX is an ECN forex broker serving both individual and corporate clients. We offer our clients a comprehensive range of trading tools, technical support, and advisory services with the aim of making the trading process efficient, hassle-free, risk-free, and above all profitable for the client from new account registration to funds withdrawal.
10-2-2022 Intel Guru MarkZ [via PDK] [ I do not understand why Iraq and Vietnam etc…they would pay out so much money to exchange old money? It sounds to good to be true?] These currencies were artificially decreased in value. So the value was there and then it was decreased. Think of it as “restoring” the value that should be there.
10-2-2022 Newshound Guru Walkingstick [via Frank26] Iraq is no longer a weak country, with a weak government, with a weak currency. The IMF, AMF, World Bank are counting on the IQD as they count their new small category notes in their banks whether they be physical or electronical...
10-2-2022 Newshound Guru Breitling Question: "Don't shoot the messenger! This concept is out there often - 'Iraq is in no position to float the Iraqi dinar because they are 90% dependent on oil and until they pass laws, diversify their economy, the central bank will not float the dinar. This is going to take months or even years before they're in a position to begin to raise the value.' What is wrong about that statement?" It's completely backwards because what they need to do if they want to diversify is to add value to the currency...they can't diversify without a currency...
10-2-2022 Newshound Guru Pimpy Question: "We realize there are certain steps that must take place before the revaluation of the Iraqi dinar but IYO is there a scenario in which it could be done sooner than later?" Of course it could. You gotta understand who determines the rate change is going to be between the Central Bank of Iraq...and it will be discussed with the Prime Minister and the president of Iraq as to why they feel a higher exchange rate is necessary. If they agree, they go ahead and make the change...
10-2-2022 Newshound Guru Kaperoni Iraq is in no position to change the exchange rate at this time...Iraq needs to diversify away from oil, create a private sector market economy where they manufacture, have agriculture, etc. To support their own economy. Until they pass laws, have a stable government, foreign investment to diversify nothing is going to happen.
10-2-2022 Newshound Guru Samson Article: "American Institute: The world is moving towards not recognizing the Iraqi diplomatic passport" Quote: "the Geneva Convention granted the right to every state participating in the United Nations to issue 1,000 diplomatic passports for every 100 million of its population...Japan, with a population of 125 million, issued only 1,000
diplomatic passports...Iraq...forty million people, has issued...15,000 passports...many problems contributed to the spread of Iraqi diplomatic passports, most notably the bubble of political elites in Iraq, wasta and corruption..."
10-2-2022 Newshound Guru MilitiaMan We have been told over and over that the CBI has upwards of 90 -145 billion in $ reserves and over 130 tonnes of gold. The border income may match or exceed Iraq's oil revenues. Add in the Natural Gas deals? You get the picture. The new notes expected will be supported by all that aforementioned and the private sector once the re [RI?] construction process begins...we know what the CBI is about to do, or they wouldn't be talking about deleting the three zeros from the exchange rate now would they?
10-2-2022 Intel Guru Frank26 When the new small category notes come out there's going to be a 1, 5, 10, and 20 dinar...and a 50 and 100...later the fils will come out. This [new] 20K is a 3 zero note that is educating the citizens of Iraq of their currency changing right before their eyes. This had to happen...
10-2-2022 Newshound Guru Clare Article: "After reaching international forums, the Iraqi company TNFX obtains a global license" Quote: "The license allows it to deal financially in Iraq and abroad, and it is one of the reliable international financial dealing companies" COPIED FROM TNFK WEBSITE: TNFX is an ECN forex broker serving both individual and corporate clients. We offer our clients a comprehensive range of trading tools, technical support, and advisory services with the aim of making the trading process efficient, hassle-free, risk-free, and above all profitable for the client from new account registration to funds withdrawal.
10-2-2022 Intel Guru MarkZ [via PDK] [ I do not understand why Iraq and Vietnam etc…they would pay out so much money to exchange old money? It sounds to good to be true?] These currencies were artificially decreased in value. So the value was there and then it was decreased. Think of it as “restoring” the value that should be there.
10-1-2022 Intel GuruFrank26 Do you think the world banks love a program rate? Where have hundreds and hundreds of banks from around the world been for all these years...? Well they have not been anywhere near Iraq because there's no profit. But now the leaders of the CBI are telling the world banks, 'guess what we're about to do?'
10-1-2022 Newshound Guru Samson Article "Iraq is the largest buyer of gold for the second quarter of this year" Quote "The World Gold Council announced today, Saturday, that Iraq was the world's largest buyer of gold during the second quarter of 2022. The council said in a tabular report seen by Shafak News Agency, that ' Iraq bought 33.97 tons during the second quarter of the current year 2022, bringing its balance to 130.3 tons...'"
10-1-2022 Newshound Guru Pimpy As much as we love our little investments and we keep hoping something will happen to them you have to be realistic about it. Currently with what's going on around the world you're not going to see any real changes happen anytime soon. We need things to calm down worldwide...just hang tight people. Things will change hopefully for the better...
10-1-2022 Newshound/Intel Guru BGG [reference Guru Kaperoni post 9-29-2022] Why would they do such a thing?!? They are the richest oil nation in the history of all history. I very much doubt Iraq changes to conform to anyone else’s reasoning.
10-1-2022 Newshound/Intel Guru Mnt Goat But as inflation rises with their devaluation of the dinar since 2020, these too come almost worthless in Iraq ...Gold is going to sky rocket since all countries are going to go back to the gold standard officially and not just under Basel as we are now seeing partial implementation behind the scenes. Iraq is already preparing for this. This is where our wealth transfer is going to come from. But I could be wrong ( I don’t think so) and so let’s see what happens. [post 2 of 2]
10-1-2022 Newshound/Intel Guru Mnt Goat ...what is the purpose of this proposed new 20,000 dinar note...I believe issuing this new note is NOT a smart monetary move for the CBI to spend all this time and money on this note when they could be conducting instead the project to delete the zeros, or even issuing the 100 dinar notes, which we were told years ago would be the next lower denomination to come out. They already have the 250, 500 and 1000 notes in circulation and widely used. [post 1 of 2....stay tuned]
10-1-2022 Intel Guru MarkZ [via PDK] This morning Charlie Ward gave me a call to verify some of the intel he was hearing as well…this was coming from QFS contacts. They are all looking for notifications on Monday or Tuesday …with great activity over the weekend. I am hearing the exact same thing. I am praying this is going to be accurate. There are a lot of things coming in the real world news that definitely points to a massive event very early in the week or over the weekend...Just remember if there telling us a date…it could come sooner.
10-1-2022 Newshound Guru MilitiaMan Article: "Ports announce the completion of their electronic procedures for exempted goods" The completion of the last link means to me they are fully ready for what is expected. They go international the coffers will fill quickly, aside from the oil revenues!!!..imo No coincidences with respect to timing..
10-1-2022 Intel Guru Frank26 Article: "The Central Bank announces the achievement of the largest cash reserve in its history" AGAIN THE CBI TALKS ABOUT ITS CASH RESERVES, WHY?... BECAUSE IT IS PART OF THE MONETARY REFORM EDUCATION TO THE CITIZENS.
10-1-2022 Intel Guru MarkZ [via PDK] [What should the rate be for the dinar?] Many believe the rate will be about $4… I believe we will get a higher rate for the “oil for dinar “ program…which should be a couple dollars higher.
10-1-2022 Newshound Guru Samson Article "Iraq is the largest buyer of gold for the second quarter of this year" Quote "The World Gold Council announced today, Saturday, that Iraq was the world's largest buyer of gold during the second quarter of 2022. The council said in a tabular report seen by Shafak News Agency, that ' Iraq bought 33.97 tons during the second quarter of the current year 2022, bringing its balance to 130.3 tons...'"
10-1-2022 Newshound Guru Pimpy As much as we love our little investments and we keep hoping something will happen to them you have to be realistic about it. Currently with what's going on around the world you're not going to see any real changes happen anytime soon. We need things to calm down worldwide...just hang tight people. Things will change hopefully for the better...
10-1-2022 Newshound/Intel Guru BGG [reference Guru Kaperoni post 9-29-2022] Why would they do such a thing?!? They are the richest oil nation in the history of all history. I very much doubt Iraq changes to conform to anyone else’s reasoning.
10-1-2022 Newshound/Intel Guru Mnt Goat But as inflation rises with their devaluation of the dinar since 2020, these too come almost worthless in Iraq ...Gold is going to sky rocket since all countries are going to go back to the gold standard officially and not just under Basel as we are now seeing partial implementation behind the scenes. Iraq is already preparing for this. This is where our wealth transfer is going to come from. But I could be wrong ( I don’t think so) and so let’s see what happens. [post 2 of 2]
10-1-2022 Newshound/Intel Guru Mnt Goat ...what is the purpose of this proposed new 20,000 dinar note...I believe issuing this new note is NOT a smart monetary move for the CBI to spend all this time and money on this note when they could be conducting instead the project to delete the zeros, or even issuing the 100 dinar notes, which we were told years ago would be the next lower denomination to come out. They already have the 250, 500 and 1000 notes in circulation and widely used. [post 1 of 2....stay tuned]
10-1-2022 Intel Guru MarkZ [via PDK] This morning Charlie Ward gave me a call to verify some of the intel he was hearing as well…this was coming from QFS contacts. They are all looking for notifications on Monday or Tuesday …with great activity over the weekend. I am hearing the exact same thing. I am praying this is going to be accurate. There are a lot of things coming in the real world news that definitely points to a massive event very early in the week or over the weekend...Just remember if there telling us a date…it could come sooner.
10-1-2022 Newshound Guru MilitiaMan Article: "Ports announce the completion of their electronic procedures for exempted goods" The completion of the last link means to me they are fully ready for what is expected. They go international the coffers will fill quickly, aside from the oil revenues!!!..imo No coincidences with respect to timing..
10-1-2022 Intel Guru Frank26 Article: "The Central Bank announces the achievement of the largest cash reserve in its history" AGAIN THE CBI TALKS ABOUT ITS CASH RESERVES, WHY?... BECAUSE IT IS PART OF THE MONETARY REFORM EDUCATION TO THE CITIZENS.
10-1-2022 Intel Guru MarkZ [via PDK] [What should the rate be for the dinar?] Many believe the rate will be about $4… I believe we will get a higher rate for the “oil for dinar “ program…which should be a couple dollars higher.
9-30-2022 Newshound Guru Pimpy Until this issue with the political parties is resolved...The president and the prime minister are selected and the government is formed you're not going to see any changes to the Iraqi dinar. And no this isn't fake news. This is news coming out of Iraq.
9-30-2022 Intel Guru Bruce [via WiserNow] We've got 2 major sources, one was military and one was treasury. Today, they were telling us almost the same thing...to look for our notations and start our exchanges in the next three days. Meaning Friday, Saturday or Sunday. Was it supposed to happen by the end of the month? ...yes. Are we supposed to start by tomorrow or the first of October which is Saturday? Yes.
9-30-2022 Intel Guru Frank26 Why are they printing another 3-zero note? When you look at it from the outside in, yeah it is rather confusing...the 20K's #1 priority is to suck in as many 3-zero notes as possible...a 20K note makes more sense than a 25K note especially when deleting the zeros ...IMO the CBI is prepared to educate the citizens on monetary reform. IMO these 20Ks were printed long time ago...
9-30-2022 Intel Guru Michael Cottrell I think right now it could happen at any time for any reason…we are at the right stage…the right time…and the right players are stepping up to the plate.
9-30-2022 Newshound Guru Samson Article: "The Central Bank announces the achievement of the largest cash reserve in its history" Quote: "The Central Bank's reserves exceeded 87 billion dollars, which is the largest number that the Central Bank of Iraq's reserves reach...the Iraqi currency is very strong because the reserves constitute 130 percent of the source of circulation from the funds in banks and others."
9-30-2022 Intel Guru MarkZ [via PDK] [We are in much better shape than we know.] I agree with you...we are just waiting for that shoe to drop.
9-30-2022 Newshound Guru Militiaman Article: "Economist: Going to print a currency of 20 thousand dinars will cost Iraq a lot of money" There has already been allocations of large sums of money to print new currency issuance and it has been recorded and expensed by the CBI in 2018 era. At this juncture in time, there is no reason to print something that has no real effective utility, imo... They already have 100k and 50k notes for internal use for large transactions.
9-30-2022 Newshound Guru Kaperoni There are several news articles regarding the central bank reserves reaching 87 billion, and discussion on the new 20,000 dinar note.
9-30-2022 Newshound Guru NORV [aka Guru Kaperoni] The good news is they are not going to implement delete zeros..."there was a proposal to delete the zeros from the dinar, but it was not implemented." The dinar is getting stronger and the very reason they will NOT delete zeros. The dinar value will naturally rise as the economy grows.
9-30-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ: CENTRAL BANK RESERVES EXCEED THE CEILING OF 87 BILLION DOLLARS" Yes, 87 billion reserves already and it just the end of September. They will reach way over 90 billion as projected by the end of the year and will probably reach over 100 billion even. Yet the CBI says they have no intention of completing the project to delete the zeros or raise the rate of the dinar against the dollar. Why? If this is not corruption I don’t know what is. We know for a FACT the economy of Iraq supported way over $3 dinar back in 1990. The situation of Iraq now is way much better with higher reserves and much more gold reserves. In fact they can almost back their currency totally with gold now.
9-30-2022 Intel Guru Bruce [via WiserNow] We've got 2 major sources, one was military and one was treasury. Today, they were telling us almost the same thing...to look for our notations and start our exchanges in the next three days. Meaning Friday, Saturday or Sunday. Was it supposed to happen by the end of the month? ...yes. Are we supposed to start by tomorrow or the first of October which is Saturday? Yes.
9-30-2022 Intel Guru Frank26 Why are they printing another 3-zero note? When you look at it from the outside in, yeah it is rather confusing...the 20K's #1 priority is to suck in as many 3-zero notes as possible...a 20K note makes more sense than a 25K note especially when deleting the zeros ...IMO the CBI is prepared to educate the citizens on monetary reform. IMO these 20Ks were printed long time ago...
9-30-2022 Intel Guru Michael Cottrell I think right now it could happen at any time for any reason…we are at the right stage…the right time…and the right players are stepping up to the plate.
9-30-2022 Newshound Guru Samson Article: "The Central Bank announces the achievement of the largest cash reserve in its history" Quote: "The Central Bank's reserves exceeded 87 billion dollars, which is the largest number that the Central Bank of Iraq's reserves reach...the Iraqi currency is very strong because the reserves constitute 130 percent of the source of circulation from the funds in banks and others."
9-30-2022 Intel Guru MarkZ [via PDK] [We are in much better shape than we know.] I agree with you...we are just waiting for that shoe to drop.
9-30-2022 Newshound Guru Militiaman Article: "Economist: Going to print a currency of 20 thousand dinars will cost Iraq a lot of money" There has already been allocations of large sums of money to print new currency issuance and it has been recorded and expensed by the CBI in 2018 era. At this juncture in time, there is no reason to print something that has no real effective utility, imo... They already have 100k and 50k notes for internal use for large transactions.
9-30-2022 Newshound Guru Kaperoni There are several news articles regarding the central bank reserves reaching 87 billion, and discussion on the new 20,000 dinar note.
9-30-2022 Newshound Guru NORV [aka Guru Kaperoni] The good news is they are not going to implement delete zeros..."there was a proposal to delete the zeros from the dinar, but it was not implemented." The dinar is getting stronger and the very reason they will NOT delete zeros. The dinar value will naturally rise as the economy grows.
9-30-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ: CENTRAL BANK RESERVES EXCEED THE CEILING OF 87 BILLION DOLLARS" Yes, 87 billion reserves already and it just the end of September. They will reach way over 90 billion as projected by the end of the year and will probably reach over 100 billion even. Yet the CBI says they have no intention of completing the project to delete the zeros or raise the rate of the dinar against the dollar. Why? If this is not corruption I don’t know what is. We know for a FACT the economy of Iraq supported way over $3 dinar back in 1990. The situation of Iraq now is way much better with higher reserves and much more gold reserves. In fact they can almost back their currency totally with gold now.
9-29-2022 Intel Guru MarkZ [via PDK] I spoke with Mr. C (Guru Michael Cottrell)...he is very upbeat…he is hearing a lot of very positive things – just like I am.
9-29-2022 Newshound Guru Samson Article: "Karbala Refinery.. Unprecedented Iraqi oil production reduces 70% of gasoline imports" Quote: "the Karbala refinery, which opened yesterday, will reduce Iraq's import of gasoline by 70%, while they indicated that the completion of the development of the country's refineries will lead to a surplus to be exported abroad."
9-29-2022 Newshound Guru Kaperoni Yes, Iraq will float the dinar but it won't float until they diversify away from oil and create a private sector market economy and begin to prosper.
9-29-2022 Newshound Guru Pimpy We're absolutely positively not going to see any exchange rate change happen in the near future. Somebody posted... that the news was fake and that's not really what's going on over there in Iraq...they're just lying to us. This isn't fake news. There's civil unrest over there in Iraq. You have Turkey bombing a region in Kurdistan. You have Iran bombing a region in Kurdistan. You have protesters rising up in both Iraq and Iran...
9-29-2022 Intel Guru MarkZ [via PDK] The removal of the large 3 zero bills from the market...Say that you have a 25,000 note. Example… say the rate is $1.00 (for illustration purposes) and one dinar equals one US dollar. Suddenly that $25K note is worth $25,000 thousand US dollars. Now it’s too big for day to day commerce...So they will give you a period of time when these bills are accepted…you turn them in and get the new lower denomination notes that will be usable in day to day commerce...it does not mean they chop off the zeros and that note is now only worth $25 dollars. That is not how it works… [post 2 of 2]
9-29-2022 Intel Guru MarkZ [via PDK] I know some of you are concerned when they talk about removing the zeros… when they talk about removing zeros they have to RV first. And that is very exciting. ...Then a large bill is not useful. Dr. Shabibi (former governor of the CBI)...is the person that designed the plan. The plan has not changed. There is a revaluation. [post 1 of 2....say tuned]
9-29-2022 Intel Guru Frank26 IMO there is no reason to do a rate change. They already did it on the second set of books...that the international world...the IMF...the World Bank...the U.S. Treasury knows about. Every central bank in the world probably know about by now. But there is a great need to change the currencies of the CBI just before they introduce a new rate for the IQD...and a new currency to match mathematically the new exchange rate of the IQD. [Post 2 of 2]
9-29-2022 Intel Guru Frank26 Question: "Did you see the governor of the CBI said there is no need to change the exchange rate against the dollar?" He's right. "What? I thought you said they were going to be changing the exchange rate based on everything you're seeing and everything that they're saying...?" The major problem comes in translation...the other problem is the media is lousy and as fake as it can get...it's very rare to get someone to tell you the truth. [Post 1 of 2....stay tuned]
9-29-2022 Newshound Guru MilitiaMan We are waiting on a calm atmosphere. Today's vote of confidence for Halbousi may have been just the calm we needed...The CBI too, can calm markets. That is a part of their job. To delete the three zeros from the exchange rate is directly related to the economy and market prices within the country. The result of deleting the zeros will calm the people and the markets, thus, the investors too...
9-29-2022 Newshound Guru Samson Article: "The Sovereignty Alliance congratulates the renewal of confidence in Muhammad Al-Halbousi as Speaker of Parliament" Quote: "The renewal of confidence in Mr. Al-Halbousi represents a true expression of the state of national consensus to move forward in building and developing Iraq, enhancing its stability, ensuring its security, and moving towards establishing the foundations of reconciliation, understanding and peaceful coexistence among its components."
9-29-2022 Newshound/Intel Guru Mnt Goat What does Al-Kazemi support as prime minister? Remember that the White Paper is his baby. He helped put that document together and plans to fully implement it. Within it is our reinstatement back to FOREX. Kazemi is only in a “temporary” status as prime minister...If Kazemi is voted in as prime minister this time it would be a permanent 4-year assignment and Kazemi intends to “clean house” from this corruption. He used to be head of security for Iraq, so he knows of all the bad guys and what they have been doing to Iraq...
9-28-2022 Intel Guru Frank26 Article: "An economist explains how to control the currency sale auction" A CBI economist explains to the citizens what the CBI explained to the citizens already... 1-1 on par leading to a depeg, to a RV Float. The auctions are ours says Kazemi!
9-28-2022 Newshound Guru Samson Article "Governor: The Central Bank has played a major role in revitalizing the Iraqi economy over the past years" Quote "The Governor of the Central Bank, Mustafa Ghaleb Makheef, confirmed...the banking sector in Iraq is looking forward to increasing cooperation with the banking sectors in other countries and exchanging experiences between them in a way that serves both sides"
9-28-2022 Newshound/Intel Guru Walkingstick [via Frank26] When Iraqi citizens go to a satellite bank here in the United States they will have their three zero notes they will be exchanged for American dollars. They will have a windfall compared to the citizens that live inside of Iraq ...so they're not going to get any new small category notes? Not in the United States . They're going to get American dollars. At the new rate? Yes.
9-28-2022 Intel Guru Bruce [via WiserNow] Iraq seems to have their mess together... seems to be ready to go and have put out a rate and they're ready to start...It's happening in other countries as well...The other thing that is happening, the redemption centers are getting...a permanent 12 day schedule for our exchanges. That schedule I'm being told today is to start at 11 o'clock [today,Wednesday]...I'm also hearing from other sources...that we're looking to get something to start over the next three days - that would be Wednesday, Thursday or Friday.
9-28-2022 Intel Guru MarkZ [via PDK] Article: “Iraq’s political class must address “crisis of trust” the PM says” A key paragraph says “The change in the exchange rate that we conducted in Iraq was one of the most successful alterations and modifications of the national currency exchange rate models in the world. It happened without serious repercussions..." Guys they are telling us they have DONE this...I think they are keeping it from us and under wraps as it rolls through the banking system…curious timing...We could wake up to a whole new world tomorrow. We know we are very close no matter what.
9-28-2022 Guru Nader From The Mid East Nobody's happy about the news from yesterday by the CBI when they come out with this article that they have no intention to change the exchange rate. But I think they're going to change it...they have not choice...they're gonna take all the zeros out. The 20,000 become 20...
9-28-2022 Newshound Guru Kaperoni Central Bank of Iraq held a forum... They confirmed if they delete the zeros they require a law from Parliament to authorize. This is a clear indication that deleting the zeros is a neutral event LOP. Traditional monetary policies do not require Parliament authorization. They also announced the imminent launch of a 20,000 dinar note. This could be used to reduce the money supply or is just filling the need in the market since the dinar has been devalued.
9-28-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend feels the only next step is the training completion to the citizens followed by Iraq returning to the rate of the glory days...it just seems the education on deleting the three zeros is only thing needed to be done. FRANK: That is the first time your bank friend has fully opened up to you...the education to the citizens is crucial and that's what the CBI has been doing all year...he knows as soon as these political issues are over with and Kazemi sits his government, we have a new exchange rate...
9-28-2022 Newshound Guru Pimpy My other concern is that it's going to a digital version of the currency...what approach they take on deleting their zeros is going to be very interesting to see...What I think I'm gonna do is look into swapping my 25,000, 50,000 and 10,000 dinars and trying to pick up the 250 dinar...this way if they do the deletion of the zeros I can't imagine it affecting the lower denominations. I might be wrong but we will soon find out. [Post 2 of 2]
9-28-2022 Newshound Guru Pimpy Article: "The central bank reveals a new denomination of currency and is working on issuing a digital one" Here's what everybody's making a big hoopla about...Two things for us who have invested into the Iraqi dinar. I am concerned about the deleting of the zeros. All that means is that the current value of the currency carries over if they go to a lower denomination. We don't want that. [Post 1 of 2....stay tuned]
9-28-2022 Intel Guru MarkZ [via PDK From [Guru] Sheila: "...The global currencies against the Us dollar did happen on the 24th...the IQD announcement was on the 22nd. All at the emergency UN meeting." So it sounds like to me she is of the belief that this has indeed already occurred…and we are simply watching it all play out and waiting for our announcements …That would certainly fit with some of the other news that we are hearing.
9-28-2022 Newshound Guru Samson Article: "The Central Bank intends to issue a banknote of 20 thousand dinars" Quote: "there is a previous project submitted by the Central Bank regarding the process of deleting zeros, noting that this matter needs to legislate a law and this project requires some amendments, and that the pursuit of this law needs to stabilize the situation in the country and the atmosphere must be provided to accept such transactions."
9-28-2022 Newshound/Intel Guru Mnt Goat There is talk that this new note may not happen under pressure by the IMF and to complete the project to delete the zeros instead and issue the lower denominations we are looking for. Once again in the same article the CBI talks about this project to delete the zeros too and tells us it is still on the back burner and they recognize it needs to be done but under the right conditions... [post 2 of 2]
9-28-2022 Newshound/Intel Guru Mnt Goat ...There has to be some good news…right? “When the CBI talks I listen” and they have been talking a lot about the dinar as of lately. So, just recently the Central Bank talks about the possibility of changing the price of the dollar and intends to issue a new category of currency a 20,000 dinar note. Really?...This is one of those WOW articles... Is this good news or bad news? Why issue a 20,000 dinar note? It does not make any sense unless they are going to use it in place of the ever popular the 25,000 note. This could be a very good sign, a small indication that they are slowly moving to lower denominations but not fast enough as we want... [post 1 of 2....stay tuned]
9-28-2022 Newshound Guru Samson Article "Governor: The Central Bank has played a major role in revitalizing the Iraqi economy over the past years" Quote "The Governor of the Central Bank, Mustafa Ghaleb Makheef, confirmed...the banking sector in Iraq is looking forward to increasing cooperation with the banking sectors in other countries and exchanging experiences between them in a way that serves both sides"
9-28-2022 Newshound/Intel Guru Walkingstick [via Frank26] When Iraqi citizens go to a satellite bank here in the United States they will have their three zero notes they will be exchanged for American dollars. They will have a windfall compared to the citizens that live inside of Iraq ...so they're not going to get any new small category notes? Not in the United States . They're going to get American dollars. At the new rate? Yes.
9-28-2022 Intel Guru Bruce [via WiserNow] Iraq seems to have their mess together... seems to be ready to go and have put out a rate and they're ready to start...It's happening in other countries as well...The other thing that is happening, the redemption centers are getting...a permanent 12 day schedule for our exchanges. That schedule I'm being told today is to start at 11 o'clock [today,Wednesday]...I'm also hearing from other sources...that we're looking to get something to start over the next three days - that would be Wednesday, Thursday or Friday.
9-28-2022 Intel Guru MarkZ [via PDK] Article: “Iraq’s political class must address “crisis of trust” the PM says” A key paragraph says “The change in the exchange rate that we conducted in Iraq was one of the most successful alterations and modifications of the national currency exchange rate models in the world. It happened without serious repercussions..." Guys they are telling us they have DONE this...I think they are keeping it from us and under wraps as it rolls through the banking system…curious timing...We could wake up to a whole new world tomorrow. We know we are very close no matter what.
9-28-2022 Guru Nader From The Mid East Nobody's happy about the news from yesterday by the CBI when they come out with this article that they have no intention to change the exchange rate. But I think they're going to change it...they have not choice...they're gonna take all the zeros out. The 20,000 become 20...
9-28-2022 Newshound Guru Kaperoni Central Bank of Iraq held a forum... They confirmed if they delete the zeros they require a law from Parliament to authorize. This is a clear indication that deleting the zeros is a neutral event LOP. Traditional monetary policies do not require Parliament authorization. They also announced the imminent launch of a 20,000 dinar note. This could be used to reduce the money supply or is just filling the need in the market since the dinar has been devalued.
9-28-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend feels the only next step is the training completion to the citizens followed by Iraq returning to the rate of the glory days...it just seems the education on deleting the three zeros is only thing needed to be done. FRANK: That is the first time your bank friend has fully opened up to you...the education to the citizens is crucial and that's what the CBI has been doing all year...he knows as soon as these political issues are over with and Kazemi sits his government, we have a new exchange rate...
9-28-2022 Newshound Guru Pimpy My other concern is that it's going to a digital version of the currency...what approach they take on deleting their zeros is going to be very interesting to see...What I think I'm gonna do is look into swapping my 25,000, 50,000 and 10,000 dinars and trying to pick up the 250 dinar...this way if they do the deletion of the zeros I can't imagine it affecting the lower denominations. I might be wrong but we will soon find out. [Post 2 of 2]
9-28-2022 Newshound Guru Pimpy Article: "The central bank reveals a new denomination of currency and is working on issuing a digital one" Here's what everybody's making a big hoopla about...Two things for us who have invested into the Iraqi dinar. I am concerned about the deleting of the zeros. All that means is that the current value of the currency carries over if they go to a lower denomination. We don't want that. [Post 1 of 2....stay tuned]
9-28-2022 Intel Guru MarkZ [via PDK From [Guru] Sheila: "...The global currencies against the Us dollar did happen on the 24th...the IQD announcement was on the 22nd. All at the emergency UN meeting." So it sounds like to me she is of the belief that this has indeed already occurred…and we are simply watching it all play out and waiting for our announcements …That would certainly fit with some of the other news that we are hearing.
9-28-2022 Newshound Guru Samson Article: "The Central Bank intends to issue a banknote of 20 thousand dinars" Quote: "there is a previous project submitted by the Central Bank regarding the process of deleting zeros, noting that this matter needs to legislate a law and this project requires some amendments, and that the pursuit of this law needs to stabilize the situation in the country and the atmosphere must be provided to accept such transactions."
9-28-2022 Newshound/Intel Guru Mnt Goat There is talk that this new note may not happen under pressure by the IMF and to complete the project to delete the zeros instead and issue the lower denominations we are looking for. Once again in the same article the CBI talks about this project to delete the zeros too and tells us it is still on the back burner and they recognize it needs to be done but under the right conditions... [post 2 of 2]
9-28-2022 Newshound/Intel Guru Mnt Goat ...There has to be some good news…right? “When the CBI talks I listen” and they have been talking a lot about the dinar as of lately. So, just recently the Central Bank talks about the possibility of changing the price of the dollar and intends to issue a new category of currency a 20,000 dinar note. Really?...This is one of those WOW articles... Is this good news or bad news? Why issue a 20,000 dinar note? It does not make any sense unless they are going to use it in place of the ever popular the 25,000 note. This could be a very good sign, a small indication that they are slowly moving to lower denominations but not fast enough as we want... [post 1 of 2....stay tuned]
9-27-2022 Intel Guru Frank26 Article: "Al-Kazemi expects an increase in Iraq's cash reserve and it will reach $100 billion" Kazemi increases cash reserves for the float of the IQD... Quote: "the white paper succeeded in achieving economic reforms...Iraq has achieved the largest and fastest economic growth and has become the first in the Middle East and fifth in the world" That's not at a program rate value...! And that is why they are prepared to leave the boarder as soon as they announce their government they'll show you a budget...the white papers...an exchange rate...and...their economic explosion! IMO
9-27-2022 Newshound Guru Samson Article: "The central bank reveals a new denomination of the currency and is working on issuing a digital one" Quote: "Iraq's exit from the European Union's list of high-risk countries gives support to the movement of the economy and the financial and banking sector...It is noteworthy that Iraq owns 7 categories of local currency issued by the Central Bank of Iraq are {250 dinars, 500 dinars, 1000 dinars, 5000 dinars, 10,000 dinars, 25000 dinars, and 50,000 dinars)." [Note: The new proposed note is a 20K denomination]
9-27-2022 Intel Guru MarkZ [via PDK] You can hang your hat on it that we are very, very close. For those that were panicking and thinking we were not going to go until January…If they are telling you January…they are going to go sooner than that...Remember Kuwait …they came out...and said they were not going to revalue for another 3-6 months…maybe 6-9 months…then they RV’d that very afternoon...we have seen so much in history that we know what they are doing. They are openly talking about a date. You know they have to do it before the dates they are talking about. BAM- that is something to be excited about. [post 2 of 2]
9-27-2022 Intel Guru MarkZ [via PDK] The chatter coming out of Iraq makes it clear what is happening. “Central Bank of Iraq: We are working on issuing a digital currency and deleting zeros from the dinar requires an atmosphere” Their goal is to change that value...deleting the zeros means the dinar goes up in value so you no longer need the big bills. …2 years ago they came out with what they called the I-Dinar. This was their pilot program for this and the I-Dinar was to be a gold-backed digital currency. Then you have the polymer notes that represent the digital asset that is backed by gold. They have talked about this at length and now here we are watching it play out in today’s news. This is a big piece of information for us. [post 1 of 2...stay tuned]
9-27-2022 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK INTENDS TO ISSUE A NEW DENOMINATION OF THE IRAQI CURRENCY" This is one of those WOW articles... This is good news and this is bad news. Why issue a 20,000 dinar note? It does not make any sense unless they are going to use it in place of ever popular the 25,000 note. This is a very good sign they are slowly moving to lower denominations but not fast enough as we want. Why not just follow the economists and go 1:1 and save all this money of a new note? Issue the lower denominations instead. There is talk that this new note may not happen under pressure by the IMF to complete the project to delete the zeros instead and issue the lower denominations.
9-27-2022 Newshound Guru Sandy Ingram Article: "Iraq and the European Union.. Joint program in 5 sectors" The European Union confirmed on funding its quest to achieve decentralization in Iraq...European Union representatives [Barbara Iker]...pointed out Iraq has a huge oil wealth and on the other hand the people in all areas are playing catch up for basic service... Decentralization simply means that there is a substantial sharing of power, authority, financial resources and political support among federal, and local governments.
9-27-2022 Newshound/Intel Guru Breitling There's plenty of evidence. You have to understand markets. They're going to add value to their currency. If anyone out there can find and article from the CBI, Ministry of Planning, Ministry of Finance or somebody IN parliament says, 'No, we're not going to add value to our currency.' I'd like to see that because it does not exist...be happy. Be positive...there's no reasons for you to have any fear about this investment...
9-27-2022 Newshound/Intel Guru RVAlready I can’t take the 20000 note and delay article to heart, because it runs contrary to what the CBI has been telling the banks for the last several months. [Reference Samson post 9-27-2022 below]
9-27-2022 Newshound Guru Pimpy It's going to take an act of Allah himself to come down into Iraq and get these two parties [Framework and Sadrists] to agree on something. I just don't see it happening. It's going to be interesting to see what happens to Iraq but as much as I try not to think of it this way I can't help but think it's just unavoidable, the Civil War is going to break out...
9-27-2022 Intel Guru MarkZ [via PDK] They they dropped a couple more articles about lower denoms...new bills and digital currency… They are working towards their reforms. Article: "The central bank reveals a new denomination of the currency and is working on issuing a digital one" They are actively making moves to support their higher value. [The only reason they would need lower denominations is if they were going to revalue.] Exactly.
9-27-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They showed an economist today being interviewed saying the government can control the currency auctions by making the dinar equal to the dollar or close to it...they say watch for government to make this move in the near future to control the currency auction once they sit... FRANK: The reason why the economist is talking to you about the dinar going 1 to 1 internationally is because the CBI already told you that...they told you they were going to go 1 to 1 and float...
9-27-2022 Newshound Guru Samson Article: "The central bank reveals a new denomination of the currency and is working on issuing a digital one" Quote: "the Governor of the Bank, Mustafa Ghaleb, said, We are working on a new currency, a category of 20 thousand dinars...We will start announcing the new category after completing its requirements...He stressed that there is no intention to reduce or change the exchange rate of the dollar against the Iraqi dinar."
9-27-2022 Intel Guru MarkZ [via PDK] [Any dong news?] …they are waiting on Iraq as well. Still being told around $2.25 for the value. [Are you still hearing $4-$6 dollars on the dinar?] Yes.
9-27-2022 Newshound Guru Samson Article: "The central bank reveals a new denomination of the currency and is working on issuing a digital one" Quote: "Iraq's exit from the European Union's list of high-risk countries gives support to the movement of the economy and the financial and banking sector...It is noteworthy that Iraq owns 7 categories of local currency issued by the Central Bank of Iraq are {250 dinars, 500 dinars, 1000 dinars, 5000 dinars, 10,000 dinars, 25000 dinars, and 50,000 dinars)." [Note: The new proposed note is a 20K denomination]
9-27-2022 Intel Guru MarkZ [via PDK] You can hang your hat on it that we are very, very close. For those that were panicking and thinking we were not going to go until January…If they are telling you January…they are going to go sooner than that...Remember Kuwait …they came out...and said they were not going to revalue for another 3-6 months…maybe 6-9 months…then they RV’d that very afternoon...we have seen so much in history that we know what they are doing. They are openly talking about a date. You know they have to do it before the dates they are talking about. BAM- that is something to be excited about. [post 2 of 2]
9-27-2022 Intel Guru MarkZ [via PDK] The chatter coming out of Iraq makes it clear what is happening. “Central Bank of Iraq: We are working on issuing a digital currency and deleting zeros from the dinar requires an atmosphere” Their goal is to change that value...deleting the zeros means the dinar goes up in value so you no longer need the big bills. …2 years ago they came out with what they called the I-Dinar. This was their pilot program for this and the I-Dinar was to be a gold-backed digital currency. Then you have the polymer notes that represent the digital asset that is backed by gold. They have talked about this at length and now here we are watching it play out in today’s news. This is a big piece of information for us. [post 1 of 2...stay tuned]
9-27-2022 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK INTENDS TO ISSUE A NEW DENOMINATION OF THE IRAQI CURRENCY" This is one of those WOW articles... This is good news and this is bad news. Why issue a 20,000 dinar note? It does not make any sense unless they are going to use it in place of ever popular the 25,000 note. This is a very good sign they are slowly moving to lower denominations but not fast enough as we want. Why not just follow the economists and go 1:1 and save all this money of a new note? Issue the lower denominations instead. There is talk that this new note may not happen under pressure by the IMF to complete the project to delete the zeros instead and issue the lower denominations.
9-27-2022 Newshound Guru Sandy Ingram Article: "Iraq and the European Union.. Joint program in 5 sectors" The European Union confirmed on funding its quest to achieve decentralization in Iraq...European Union representatives [Barbara Iker]...pointed out Iraq has a huge oil wealth and on the other hand the people in all areas are playing catch up for basic service... Decentralization simply means that there is a substantial sharing of power, authority, financial resources and political support among federal, and local governments.
9-27-2022 Newshound/Intel Guru Breitling There's plenty of evidence. You have to understand markets. They're going to add value to their currency. If anyone out there can find and article from the CBI, Ministry of Planning, Ministry of Finance or somebody IN parliament says, 'No, we're not going to add value to our currency.' I'd like to see that because it does not exist...be happy. Be positive...there's no reasons for you to have any fear about this investment...
9-27-2022 Newshound/Intel Guru RVAlready I can’t take the 20000 note and delay article to heart, because it runs contrary to what the CBI has been telling the banks for the last several months. [Reference Samson post 9-27-2022 below]
9-27-2022 Newshound Guru Pimpy It's going to take an act of Allah himself to come down into Iraq and get these two parties [Framework and Sadrists] to agree on something. I just don't see it happening. It's going to be interesting to see what happens to Iraq but as much as I try not to think of it this way I can't help but think it's just unavoidable, the Civil War is going to break out...
9-27-2022 Intel Guru MarkZ [via PDK] They they dropped a couple more articles about lower denoms...new bills and digital currency… They are working towards their reforms. Article: "The central bank reveals a new denomination of the currency and is working on issuing a digital one" They are actively making moves to support their higher value. [The only reason they would need lower denominations is if they were going to revalue.] Exactly.
9-27-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They showed an economist today being interviewed saying the government can control the currency auctions by making the dinar equal to the dollar or close to it...they say watch for government to make this move in the near future to control the currency auction once they sit... FRANK: The reason why the economist is talking to you about the dinar going 1 to 1 internationally is because the CBI already told you that...they told you they were going to go 1 to 1 and float...
9-27-2022 Newshound Guru Samson Article: "The central bank reveals a new denomination of the currency and is working on issuing a digital one" Quote: "the Governor of the Bank, Mustafa Ghaleb, said, We are working on a new currency, a category of 20 thousand dinars...We will start announcing the new category after completing its requirements...He stressed that there is no intention to reduce or change the exchange rate of the dollar against the Iraqi dinar."
9-27-2022 Intel Guru MarkZ [via PDK] [Any dong news?] …they are waiting on Iraq as well. Still being told around $2.25 for the value. [Are you still hearing $4-$6 dollars on the dinar?] Yes.
9-26-2022 Intel Guru Frank26 Question: "Are the satellite banks still on schedule for opening around the end of the month?" Yeah. Give it into the first week of next month too. BTW because they open those banks does that mean that it would be a new exchange rate? No. Because American citizens can use it as well too. When the new exchange rate for the Iraq dinar comes in, their main focus will kick in. The main job of these satellite banks is to collect the three zeros that are hidden.
9-26-2022 Newshound Guru Samson Article: "Iraq ranks 11th globally and fourth in the Arab world among the cheapest countries in the world at gasoline prices" Quote: "The report indicated that "Venezuela ranked first in the world with the cheapest country in the world for gasoline at a price of 22 cents per liter, followed by Libya at 30 cents, and then Iran came third at 53 cents." He also noted that "the most expensive countries in the world at gasoline prices were Hong Kong at 2.967 per liter, followed by Zimbabwe at $2,750, and then Iceland at $2,270."
9-26-2022 Intel Guru MarkZ [via PDK] The bond markets are in the middle of its worst decline since 1949. We are also watching the bond market implode. This is what we told to look for guys, at the end of this… The chatter is so overwhelming that exchanges are starting by Wednesday. Stay calm while we watch things happen over the next 24 hours. Again stay calm…we have heard this before.
9-26-2022 Newshound Guru Kaperoni In order for the Iraqi dinar to go up in value Iraqi needs to have a government, have parliament pass the needed legislation to encourage investment, then diversify their economy. As the GDP and the country's economic success grows, so will the dinar. And of course the longer this political stalemate continues the longer it will be will there before there will be any growth in the economy or change in the exchange rate.
9-26-2022 Newshound/Intel Guru David M. Witty Iraqi parliament to convene on Wednesday to vote on accepting resignation of speaker of parliament.
9-26-2022 Newshound Guru Pimpy In order for anything to happen to a currency like the exchange rate change, you need stability in your country. But what if your currency doesn't just rely on the stability of your country but as well as others. Anybody holding on to Iraqi dinar right now...if you think the exchange rate is going of change anytime soon it's not. Even if Iraq gets on track it's not going to happen right away...
9-26-2022 Intel Guru MarkZ [via PDK] [Mark, can you address if Iraq has their new rate and if we are in a wait of 3-7 days?] …my contacts in finance in Iraq have gone very quiet. I think the 3-7 days may be accurate at this point…but I can’t verify it yet... I think this is going to be one of those weeks where we are minute to minute for news. We will be watching it non-stop…
9-26-2022 Intel Guru Frank26 I'm looking forward to the government being announced...if we have a seated government, golly. Let's open up all the private banks around the world for the CBI...and then the dinar would just have to float. It hitches a ride with the dollar at 1 to 1 but then it de-pegs from it and it will determine if it wants to go in a basket at that time or not. I really don't know if they will but they probably will when they mature it to the $3+ range and that won't take long. Everybody wants to take this pretty girl out on a date...
9-26-2022 Newshound Guru Samson Article: "Parliamentary Finance: Reconsidering the dollar exchange rate is subject to political auctions" Quote: "Committee member Jamal Cougar told {Euphrates News} that "the issue of reconsidering the dollar exchange rate is not within the competence or powers of the Finance Committee, but it is related to the country's financial policy and therefore it is affiliated with the executive body and from the executive body, and it is an exclusive issue related to the Ministry of Finance and the Central Bank."
9-26-2022 Intel Guru Fleming They have had a new rate, they just haven't published it...they have various reasons why they aren't doing it...
9-26-2022 Newshound Guru Samson Article: "Iraq ranks 11th globally and fourth in the Arab world among the cheapest countries in the world at gasoline prices" Quote: "The report indicated that "Venezuela ranked first in the world with the cheapest country in the world for gasoline at a price of 22 cents per liter, followed by Libya at 30 cents, and then Iran came third at 53 cents." He also noted that "the most expensive countries in the world at gasoline prices were Hong Kong at 2.967 per liter, followed by Zimbabwe at $2,750, and then Iceland at $2,270."
9-26-2022 Intel Guru MarkZ [via PDK] The bond markets are in the middle of its worst decline since 1949. We are also watching the bond market implode. This is what we told to look for guys, at the end of this… The chatter is so overwhelming that exchanges are starting by Wednesday. Stay calm while we watch things happen over the next 24 hours. Again stay calm…we have heard this before.
9-26-2022 Newshound Guru Kaperoni In order for the Iraqi dinar to go up in value Iraqi needs to have a government, have parliament pass the needed legislation to encourage investment, then diversify their economy. As the GDP and the country's economic success grows, so will the dinar. And of course the longer this political stalemate continues the longer it will be will there before there will be any growth in the economy or change in the exchange rate.
9-26-2022 Newshound/Intel Guru David M. Witty Iraqi parliament to convene on Wednesday to vote on accepting resignation of speaker of parliament.
9-26-2022 Newshound Guru Pimpy In order for anything to happen to a currency like the exchange rate change, you need stability in your country. But what if your currency doesn't just rely on the stability of your country but as well as others. Anybody holding on to Iraqi dinar right now...if you think the exchange rate is going of change anytime soon it's not. Even if Iraq gets on track it's not going to happen right away...
9-26-2022 Intel Guru MarkZ [via PDK] [Mark, can you address if Iraq has their new rate and if we are in a wait of 3-7 days?] …my contacts in finance in Iraq have gone very quiet. I think the 3-7 days may be accurate at this point…but I can’t verify it yet... I think this is going to be one of those weeks where we are minute to minute for news. We will be watching it non-stop…
9-26-2022 Intel Guru Frank26 I'm looking forward to the government being announced...if we have a seated government, golly. Let's open up all the private banks around the world for the CBI...and then the dinar would just have to float. It hitches a ride with the dollar at 1 to 1 but then it de-pegs from it and it will determine if it wants to go in a basket at that time or not. I really don't know if they will but they probably will when they mature it to the $3+ range and that won't take long. Everybody wants to take this pretty girl out on a date...
9-26-2022 Newshound Guru Samson Article: "Parliamentary Finance: Reconsidering the dollar exchange rate is subject to political auctions" Quote: "Committee member Jamal Cougar told {Euphrates News} that "the issue of reconsidering the dollar exchange rate is not within the competence or powers of the Finance Committee, but it is related to the country's financial policy and therefore it is affiliated with the executive body and from the executive body, and it is an exclusive issue related to the Ministry of Finance and the Central Bank."
9-26-2022 Intel Guru Fleming They have had a new rate, they just haven't published it...they have various reasons why they aren't doing it...
9-25-2022 Intel Guru Frank26 I'm excited about the conditions in Iraq right now. They are the most peaceful conditions that I've seen in decades. They are the most cooperative. The most "Kumbaya". The most shoulder to shoulder. I've never seen such leadership coming from Iraq's leaders...They were always stealing from themselves because no body was stopping Iraq from stealing. Corruption spread within the Iraqi officials themselves...Turns out we do have leaders that care...the governor of the CBI, Kazemi the Prime Minister and Sadr...you're gonna find out dozens more that are going to be coming out of the woodwork very soon.
9-25-2022 Newshound Guru Samson Article: "An economist explains how to control the currency sale auction" Quote: "the currency sale auction can be controlled through the government's move towards equalizing the value of the dinar with the dollar or making it close to the dinar..."
9-25-2022 Newshound/Intel Guru Breitling So where people are getting these negative vibes about Iraq - 1. You're wrong. 2. You're probably attaching it to, "I should be driving a Ferrari right now." Don't do that because you're clouding your judgement with your feelings...Your timing and what you want has nothing to do with Iraq...If you're dragged down because of...the timing that's one thing but if it's some type of signal to you that the dinar is not going to revalue, you're wrong...I'm still excited about it. It is a very very good thing coming down the road...
9-25-2022 Newshound Guru Pimpy Article: "Iran: Iraq will turn into the larger economic market in the region during the next decade" Iraq is the gateway into the Middle East...you can go right into Iraq and it's central to all the other nations that you want to do business with. That makes it the heart of the region...Iraq is going to flourish if they can just get their crap together.
9-25-2022 Newshound Guru Sandy Ingram Article: "Iraqi Prime Minister meets with European leaders" Anytime we hear the words investments in Iraq, this is our cue to tune in as IQD investors...
9-25-2022 Intel Guru Frank26 The next few steps we are looking for is for this government to start taking formation. The next things we will be looking for is in the next two weeks the satellite banks to open up around the world representing the Central Bank of Iraq. And the last thing we'll be looking for is any complications, any barriers...reasons for not having the reforms - from Iran. You can see they have reached the point of desperation.
9-25-2022 Newshound Guru Samson Article: "Al-Kazemi arrives in Baghdad from New York" Quote: "On September 19, Al-Kazemi went to New York City, and during this visit he held meetings with a number of world leaders, and participated in the meetings of the United Nations General Assembly in place of the President of the Republic, Barham Salih."
9-25-2022 Intel Guru Fleming ...we are being told notifications are supposed to be out Monday with exchanging and redeeming for 12 days. The redemption centers are going to run 20 hours a day to get this done... I have not been able to verify that completely...so we are waiting to see if that comes to fruition...
9-25-2022 Newshound Guru Samson Article: "An economist explains how to control the currency sale auction" Quote: "the currency sale auction can be controlled through the government's move towards equalizing the value of the dinar with the dollar or making it close to the dinar..."
9-25-2022 Newshound/Intel Guru Breitling So where people are getting these negative vibes about Iraq - 1. You're wrong. 2. You're probably attaching it to, "I should be driving a Ferrari right now." Don't do that because you're clouding your judgement with your feelings...Your timing and what you want has nothing to do with Iraq...If you're dragged down because of...the timing that's one thing but if it's some type of signal to you that the dinar is not going to revalue, you're wrong...I'm still excited about it. It is a very very good thing coming down the road...
9-25-2022 Newshound Guru Pimpy Article: "Iran: Iraq will turn into the larger economic market in the region during the next decade" Iraq is the gateway into the Middle East...you can go right into Iraq and it's central to all the other nations that you want to do business with. That makes it the heart of the region...Iraq is going to flourish if they can just get their crap together.
9-25-2022 Newshound Guru Sandy Ingram Article: "Iraqi Prime Minister meets with European leaders" Anytime we hear the words investments in Iraq, this is our cue to tune in as IQD investors...
9-25-2022 Intel Guru Frank26 The next few steps we are looking for is for this government to start taking formation. The next things we will be looking for is in the next two weeks the satellite banks to open up around the world representing the Central Bank of Iraq. And the last thing we'll be looking for is any complications, any barriers...reasons for not having the reforms - from Iran. You can see they have reached the point of desperation.
9-25-2022 Newshound Guru Samson Article: "Al-Kazemi arrives in Baghdad from New York" Quote: "On September 19, Al-Kazemi went to New York City, and during this visit he held meetings with a number of world leaders, and participated in the meetings of the United Nations General Assembly in place of the President of the Republic, Barham Salih."
9-25-2022 Intel Guru Fleming ...we are being told notifications are supposed to be out Monday with exchanging and redeeming for 12 days. The redemption centers are going to run 20 hours a day to get this done... I have not been able to verify that completely...so we are waiting to see if that comes to fruition...
9-24-2022 Intel Guru Frank26 They are in a fantastic position to tell the international world, 'We're article VII. We're international. We don't have any restriction on our currency. You can bring your currency into our banks. Our banks are now modern and ready to go. Nobody is going to touch your money. We protect it...'
9-24-2022 Newshound Guru Samson Article: "Embassy of Iraq in Berlin: There is nothing to prevent German companies from investing in Iraq" Quote: The Iraqi ambassador in Berlin "...but there are considerations...He added, The first of these considerations is the security situation, which the media marketed badly, contrary to reality, as Iraq is currently enjoying stability, and the second matter is the bureaucracy applied under the laws, which does not encourage the expansion of companies' work in Iraq."
9-24-2022 Newshound Guru tlm724 Article: "Al-Kazemi: Changing The Dollar Exchange Rate Against The Dinar Is The Most Successful Decision" Quote: "Prime Minister Mustafa Al-Kazemi confirmed that changing the exchange rate of the dollar against the dinar is the most successful decision taken by his government...thanks to the white paper, the Iraqi economy will witness reforms."
9-24-2022 Newshound Guru Kaperoni The truth about Iraq is they are no closer to forming a government now than they were a year ago. Maliki refuses to give up power and al-Sadr refuses to give in to Maliki both of them have equal political control post-election.
9-24-2022 Intel Guru MarkZ [via PDK] I think enormous things are happening...I am getting many rumors I have not been able to vet yet that Iraq did indeed pull the trigger this morning and they are trying to keep the world in the dark for a few days with a lockdown. I am trying to confirm it. ...I was told they wanted a minimum of 3 days but are hoping to keep it under wraps for 10 days...I do not know if it’s true yet, but, I have gotten this report from many different places. So we are very much sitting on the edge of our chairs this morning…going into the next 2-3 days. Let’s pray this is it…Treat this as a rumor for now until we get confirmations from boots on the ground….
9-24-2022 Guru Nader From The Mid East Article: "The Iraqi Prime Minister, Mustafa Al-Kazemi expected, on Friday, to increase the country's cash reserve to reach $100 billion" By December we reach 120 billion. It's gonna be one of the biggest reserves in the world by 2023...
9-24-2022 Intel Guru Frank26 They're constantly almost on a weekly basis telling you we found another oil well. Your whole country sits on oil. You can plant the flag of your country anywhere and oil squirts out.
9-24-2022 Newshound Guru Samson Article: "Al-Kazemi expects an increase in Iraq's cash reserve, and it will reach $100 billion" Quote: "The cash reserve under our government has reached 86 billion dollars, and it is expected to increase to 100 billion dollars. Al-Kazemi stated that Iraq has achieved the largest and fastest economic growth and has become the first in the Middle East and fifth in the world."
9-24-2022 Newshound Guru Samson Article: "Embassy of Iraq in Berlin: There is nothing to prevent German companies from investing in Iraq" Quote: The Iraqi ambassador in Berlin "...but there are considerations...He added, The first of these considerations is the security situation, which the media marketed badly, contrary to reality, as Iraq is currently enjoying stability, and the second matter is the bureaucracy applied under the laws, which does not encourage the expansion of companies' work in Iraq."
9-24-2022 Newshound Guru tlm724 Article: "Al-Kazemi: Changing The Dollar Exchange Rate Against The Dinar Is The Most Successful Decision" Quote: "Prime Minister Mustafa Al-Kazemi confirmed that changing the exchange rate of the dollar against the dinar is the most successful decision taken by his government...thanks to the white paper, the Iraqi economy will witness reforms."
9-24-2022 Newshound Guru Kaperoni The truth about Iraq is they are no closer to forming a government now than they were a year ago. Maliki refuses to give up power and al-Sadr refuses to give in to Maliki both of them have equal political control post-election.
9-24-2022 Intel Guru MarkZ [via PDK] I think enormous things are happening...I am getting many rumors I have not been able to vet yet that Iraq did indeed pull the trigger this morning and they are trying to keep the world in the dark for a few days with a lockdown. I am trying to confirm it. ...I was told they wanted a minimum of 3 days but are hoping to keep it under wraps for 10 days...I do not know if it’s true yet, but, I have gotten this report from many different places. So we are very much sitting on the edge of our chairs this morning…going into the next 2-3 days. Let’s pray this is it…Treat this as a rumor for now until we get confirmations from boots on the ground….
9-24-2022 Guru Nader From The Mid East Article: "The Iraqi Prime Minister, Mustafa Al-Kazemi expected, on Friday, to increase the country's cash reserve to reach $100 billion" By December we reach 120 billion. It's gonna be one of the biggest reserves in the world by 2023...
9-24-2022 Intel Guru Frank26 They're constantly almost on a weekly basis telling you we found another oil well. Your whole country sits on oil. You can plant the flag of your country anywhere and oil squirts out.
9-24-2022 Newshound Guru Samson Article: "Al-Kazemi expects an increase in Iraq's cash reserve, and it will reach $100 billion" Quote: "The cash reserve under our government has reached 86 billion dollars, and it is expected to increase to 100 billion dollars. Al-Kazemi stated that Iraq has achieved the largest and fastest economic growth and has become the first in the Middle East and fifth in the world."
9-23-2022 Intel Guru Frank26 Article: "The Central Bank of Iraq has three reserves to serve the requirements of monetary stability and development" The IQD prepares to float and the 3 reserves is just the tip of the Iceberg of Monetary reform...this is amazing! Notice all the article are encouraging. Notice none of them are negative...
9-23-2022 Intel Guru MarkZ [via PDK] It’s been very quiet out of Iraq. I hope they are as ready as the banks make it sound that they are. Because from the banking side of this…they swear this is their weekend...I am hopeful and really think we are close...I am being told we are in for an epic week. Since I’m not seeing progress in Iraq I question it a little…but am still excited and think this is wrapping up towards conclusion very quickly for us…
9-23-2022 Newshound/Intel Guru Walkingstick [via Frank26] World banks have recognized the IQD as a potential Middle East currency to used to invest in...The Middle East knows what the Iraqi currency is about to do. They know it's potential. They know that they have to use it, to invest in it, to buy with it, to sell with it, to protect it. Wow to the IQD being used! But DOUBLE WOW to see the IQD back in the SDR of the IMF! This is a very big deal...this is a big step to the final step.
9-23-2022 Intel Guru Bruce [via WiserNow] This has to come out for us, according to people that we've talked to by the end of this month. Well, we're getting close...There's only 30 days in September...So I think we're definitely moving forward. I think what's interesting was we have heard that we should get notified this weekend. ...The latest information I got...was telling us that our new window...for us to get started...is between the 25th and the 28th of September - 25 is Sunday. So that's Sunday, Monday, Tuesday, Wednesday, the 28th...So in that timeframe, we should get our notifications and then get started with our exchanges... we believe...that this absolutely must start by the end of this month which is the 30th...So we'll see how that goes. We'll see what happens.
9-23-2022 Newshound Guru MilitiaMan Article: "France's Total refuses to complete a $27 billion contract with the national oil company" Quote: "The decision issued by the Federal Court yesterday cut the way for this deal and other deals that the Minister of Oil and Al-Kazemi wanted to complete before their departure to ensure a very appropriate retirement" This is huge. They refuse the deal with the NOC. They cut a deal instead with MOO.. They have the Total Deal sorted prior to leaving to the UN in NYC. They are doing other deals, as they mentioned too.. I will bet that Kahdimi will have much to say tomorrow afternoon...
9-23-2022 Newshound Guru Samson Article: "Iran: Iraq will turn into the largest economic market in the region during the next decade" Quote: "stressing that his country seeks to increase the volume of trade exchange with this neighboring country."
9-23-2022 Intel Guru MarkZ [via PDK] We do have some great reports coming out of the banking sector in Iraq on securities and securities set up in Iraq so they can trade them... This is huge news that happened just yesterday ...i am excited…I have been getting solid news from the banking side about how close we are!! [Really hope it happens before the holidays.] I believe we will have an amazing Holiday Season!!!
9-23-2022 Newshound Guru Jeff In the near future they're going to have a session of parliament...to vote to reschedule their elections...along with dissolving parliament...As you know their government must have full powers. Right now...they're deemed as a caretaker...They are not a government with full powers...Because they don't have full powers...they cannot right now revalue their currency. They must be able to pass laws to revalue the currency and have full powers and they don't...Does this mean you have to wait till next year for the rate change? ...The day they vote to reschedule the elections and dissolve parliament I will be doing an emergency dinar [update]...
9-23-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The banks are putting signs out again in their windows about the open house they are inviting us citizens to next Monday. They're telling the citizens to coming in and to open accounts...and get our cards. They're talking about loans...all of this is part of a new strategy to grow Iraq's economy... FRANK: The CBI prepares you to use the new small category notes inside of your country...the same way that they have prepared the international banks to use the new small category notes in their country outside of Iraq's borders internationally...the next step will occur after Kazemi returns from New York...
9-23-2022 Newshound/Intel Guru Mnt Goat It won’t be very good for us investors looking for the reinstatement but at least now the process is in motion. Too bad it was not put in motion a couple years ago as we might have been to the bank by now...Many things besides the Iraqi RV are in motion to get us to where we want to have the project to delete the zeros and then the reinstatement. [post 2 of 2]
9-23-2022 Newshound/Intel Guru Mnt Goat ...Iraq continues with this election saga. The Sadr protest deadline of Oct 1 is nearing and they told us they won’t even have the meeting with Sadr until next week...I do not believe Sadr is going to bend this time. He would rather tear apart the political system, expose the corrupt and rebuild it without Iran and their puppets. This may very well happen... [post 1 of 2....stay tuned]
9-23-2022 Intel Guru MarkZ [via PDK] It’s been very quiet out of Iraq. I hope they are as ready as the banks make it sound that they are. Because from the banking side of this…they swear this is their weekend...I am hopeful and really think we are close...I am being told we are in for an epic week. Since I’m not seeing progress in Iraq I question it a little…but am still excited and think this is wrapping up towards conclusion very quickly for us…
9-23-2022 Newshound/Intel Guru Walkingstick [via Frank26] World banks have recognized the IQD as a potential Middle East currency to used to invest in...The Middle East knows what the Iraqi currency is about to do. They know it's potential. They know that they have to use it, to invest in it, to buy with it, to sell with it, to protect it. Wow to the IQD being used! But DOUBLE WOW to see the IQD back in the SDR of the IMF! This is a very big deal...this is a big step to the final step.
9-23-2022 Intel Guru Bruce [via WiserNow] This has to come out for us, according to people that we've talked to by the end of this month. Well, we're getting close...There's only 30 days in September...So I think we're definitely moving forward. I think what's interesting was we have heard that we should get notified this weekend. ...The latest information I got...was telling us that our new window...for us to get started...is between the 25th and the 28th of September - 25 is Sunday. So that's Sunday, Monday, Tuesday, Wednesday, the 28th...So in that timeframe, we should get our notifications and then get started with our exchanges... we believe...that this absolutely must start by the end of this month which is the 30th...So we'll see how that goes. We'll see what happens.
9-23-2022 Newshound Guru MilitiaMan Article: "France's Total refuses to complete a $27 billion contract with the national oil company" Quote: "The decision issued by the Federal Court yesterday cut the way for this deal and other deals that the Minister of Oil and Al-Kazemi wanted to complete before their departure to ensure a very appropriate retirement" This is huge. They refuse the deal with the NOC. They cut a deal instead with MOO.. They have the Total Deal sorted prior to leaving to the UN in NYC. They are doing other deals, as they mentioned too.. I will bet that Kahdimi will have much to say tomorrow afternoon...
9-23-2022 Newshound Guru Samson Article: "Iran: Iraq will turn into the largest economic market in the region during the next decade" Quote: "stressing that his country seeks to increase the volume of trade exchange with this neighboring country."
9-23-2022 Intel Guru MarkZ [via PDK] We do have some great reports coming out of the banking sector in Iraq on securities and securities set up in Iraq so they can trade them... This is huge news that happened just yesterday ...i am excited…I have been getting solid news from the banking side about how close we are!! [Really hope it happens before the holidays.] I believe we will have an amazing Holiday Season!!!
9-23-2022 Newshound Guru Jeff In the near future they're going to have a session of parliament...to vote to reschedule their elections...along with dissolving parliament...As you know their government must have full powers. Right now...they're deemed as a caretaker...They are not a government with full powers...Because they don't have full powers...they cannot right now revalue their currency. They must be able to pass laws to revalue the currency and have full powers and they don't...Does this mean you have to wait till next year for the rate change? ...The day they vote to reschedule the elections and dissolve parliament I will be doing an emergency dinar [update]...
9-23-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The banks are putting signs out again in their windows about the open house they are inviting us citizens to next Monday. They're telling the citizens to coming in and to open accounts...and get our cards. They're talking about loans...all of this is part of a new strategy to grow Iraq's economy... FRANK: The CBI prepares you to use the new small category notes inside of your country...the same way that they have prepared the international banks to use the new small category notes in their country outside of Iraq's borders internationally...the next step will occur after Kazemi returns from New York...
9-23-2022 Newshound/Intel Guru Mnt Goat It won’t be very good for us investors looking for the reinstatement but at least now the process is in motion. Too bad it was not put in motion a couple years ago as we might have been to the bank by now...Many things besides the Iraqi RV are in motion to get us to where we want to have the project to delete the zeros and then the reinstatement. [post 2 of 2]
9-23-2022 Newshound/Intel Guru Mnt Goat ...Iraq continues with this election saga. The Sadr protest deadline of Oct 1 is nearing and they told us they won’t even have the meeting with Sadr until next week...I do not believe Sadr is going to bend this time. He would rather tear apart the political system, expose the corrupt and rebuild it without Iran and their puppets. This may very well happen... [post 1 of 2....stay tuned]
9-22-2022 Intel Guru Frank26 What we're looking for is a seated government. If we have a completely formed GOI presented to us by Kazemi - you have a budget. If you have a budget...then you have...the white papers. And if you have the white papers in the budget of a government of a stable country...and there's a very god chance that the reforms that require the white papers are funded because they told us the reserves are out of this world...they're ready to introduce a new currency to their citizens. This chronology that I laid out to you is...obvious.
9-22-2022 Newshound Guru Pimpy We know Iraq has been doing everything it can to stabilize this country to get back out there on an international scene to have an internationally recognized currency that trades on Forex and one that's strong. The right steps for the most part are being taken, we just need to get a stable government, a stable economy and a stable country...
9-22-2022 Newshound Guru Kaperoni [Guru] Frank26 is claiming Iraq is now in IMF Article VIII. This is absolutely not true and can be validated by going to http://imf.org, clicking on Iraq, then choosing Iraq's position in the fund. Clearly ARTICLE XIV...Iraq is making progress with monetary policy towards accepting IMF Article VIII conditions which would help in international transactions. This though has nothing to do with the exchange rate...The dinar...under the current CBI policy of IMF Article XIV banks around the world are refusing to deal with it. [Reference Guru Frank26 post on 9-21-2022 below]
9-22-2022 Newshound/Intel Guru Walkingstick This is a very huge step for the monetary reform to see international banks now using the Iraqi dinar in their banking structure...why? Because they're being used in their contracts. It's a huge step for the monetary reform.
9-22-2022 Newshound Guru Samson Article: "A new parliamentary speech regarding changing the dollar exchange rate" Quote: "Committee member Jamal Cougar told Mawazine News, "The issue of changing or restoring the dollar exchange rate is not within the competence of the Parliamentary Finance Committee, nor its powers. The issue is only related to the state's financial policy, represented by the Ministry of Finance and the Central Bank, and any talk about this is to win over the street only."
9-22-2022 Newshound Guru MilitiaMan Article: "What will Al-Kazemi have for Biden during his upcoming visit to Washington?" Kahdimi's speech Friday...This is show time now...They are show casing a leader, not an interim fly by night entity.. No!!...It is like the world knows who is to lead them into the future....The citizens of Iraq are getting very impatient, just as you and I are. Again, it is show time.. imo I like where we are and it looks like the final push is upon us..
9-22-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Watch for demonstrations to come back hard. Iraq is getting on the verge of Civil War. Many of us on the street feel there's no other way out without help and we're getting help from the U.N. but that's a bunch of "%#$@" and many other international countries are also willing to step in and help but what good is to do it now...
9-22-2022 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK ANNOUNCES INTERNATIONAL COOPERATION WITH IRAQI BANKS" Quote: "...the Central Bank of Iraq announced a work plan to link and open accounts between Iraqi banks and some international banks."
9-22-2022 Intel Guru MarkZ [via PDK] [Any changes in the dong rate?] I am still hearing 2.25
9-22-2022 Newshound Guru Pimpy We know Iraq has been doing everything it can to stabilize this country to get back out there on an international scene to have an internationally recognized currency that trades on Forex and one that's strong. The right steps for the most part are being taken, we just need to get a stable government, a stable economy and a stable country...
9-22-2022 Newshound Guru Kaperoni [Guru] Frank26 is claiming Iraq is now in IMF Article VIII. This is absolutely not true and can be validated by going to http://imf.org, clicking on Iraq, then choosing Iraq's position in the fund. Clearly ARTICLE XIV...Iraq is making progress with monetary policy towards accepting IMF Article VIII conditions which would help in international transactions. This though has nothing to do with the exchange rate...The dinar...under the current CBI policy of IMF Article XIV banks around the world are refusing to deal with it. [Reference Guru Frank26 post on 9-21-2022 below]
9-22-2022 Newshound/Intel Guru Walkingstick This is a very huge step for the monetary reform to see international banks now using the Iraqi dinar in their banking structure...why? Because they're being used in their contracts. It's a huge step for the monetary reform.
9-22-2022 Newshound Guru Samson Article: "A new parliamentary speech regarding changing the dollar exchange rate" Quote: "Committee member Jamal Cougar told Mawazine News, "The issue of changing or restoring the dollar exchange rate is not within the competence of the Parliamentary Finance Committee, nor its powers. The issue is only related to the state's financial policy, represented by the Ministry of Finance and the Central Bank, and any talk about this is to win over the street only."
9-22-2022 Newshound Guru MilitiaMan Article: "What will Al-Kazemi have for Biden during his upcoming visit to Washington?" Kahdimi's speech Friday...This is show time now...They are show casing a leader, not an interim fly by night entity.. No!!...It is like the world knows who is to lead them into the future....The citizens of Iraq are getting very impatient, just as you and I are. Again, it is show time.. imo I like where we are and it looks like the final push is upon us..
9-22-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Watch for demonstrations to come back hard. Iraq is getting on the verge of Civil War. Many of us on the street feel there's no other way out without help and we're getting help from the U.N. but that's a bunch of "%#$@" and many other international countries are also willing to step in and help but what good is to do it now...
9-22-2022 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK ANNOUNCES INTERNATIONAL COOPERATION WITH IRAQI BANKS" Quote: "...the Central Bank of Iraq announced a work plan to link and open accounts between Iraqi banks and some international banks."
9-22-2022 Intel Guru MarkZ [via PDK] [Any changes in the dong rate?] I am still hearing 2.25
9-21-2022 Intel Guru Frank26 Article: "The Central Bank announces international cooperation with Iraqi banks" The Central Bank of Iraq is connected to international banks from around the world because they are about to introduce a new exchange rate. A new currency. A new banking system. A reinstatement of their banking system. We told you they would tell the citizens and they are.
9-21-2022 Newshound/Intel Guru Walkingstick [via Frank26] When you see the SDR and the IMF walking hand in hand together - oh, buddy! That's not the way it used to be. That is a huge step...
9-21-2022 Newshound Guru Samson Article: "The former president of "SOMO": The government wants to continue depositing Iraqi oil revenues in the US Reserve Bank" Quote: "...all the money from the sale of oil goes to the US Reserve Bank since 1996, and the government demanded after 2003 that this mechanism remain to preserve funds from the risks of lawsuits."
9-21-2022 Intel Guru Bruce [via WiserNow] ...in terms of our notifications...it looks like we got pushed maybe another three or four days...so it could actually be...the weekend...we thought we would be going with notifications... starting probably Thursday - But at this point... To me, it's up in the air...Let's keep an eye on the next several days especially the weekend...it's really an amazing time for us...amazing for us to be here where we are be part of this...
9-21-2022 Newshound/Intel Guru Breitling When I look at Iraq it's authority only. What's the banking system doing? Where are they making their money? How do they expand their system? The people who can pass law and want to expand their system, what are they talking about? Who are they talking about? In other words who do they want to do business with. They're talking about us, the west. Parliament, the Ministry of Planning, the Ministry of Finance, the CBI, all of them who has the authority right down the line...just follow the policy and you'll be very happy.
9-21-2022 Newshound Guru Sandy Ingram Question: "Why are we hearing about a possible civil war in Iraq?" Yes, Iraq is going through a major political crisis. Yet the internal fighting stopped while Iraqis were preparing for the annual religious event where over 20 million Shiite pilgrims descended on the city of Kabbalah...2.6 million are from Iran...we cannot be sure what will occur once people return to the reality of their daily lives.
9-21-2022 Intel Guru Frank26 I feel in my heart Iran will not cause a civil war. I believe they want to do business with Kazemi and Iraq because they are in need of financial help badly and because they cannot steal the money anymore and their money sanctioned and worthless they're trying to make business with Iraq and Kazemi.
9-21-2022 Newshound/Intel Guru Mnt Goat If it does move quickly I feel they will conduct the project to delete the zeros and we will see articles telling this they are moving ahead sometime in later October through November. Then they will be ready for the reinstatement back to FOREX in early 2023, which is in their White Paper plan and is the next move in their project to reform the economy of Iraq. I believe the US, IMF, World Bank and Iran would go along with this plan. Having Al-Kazemi and Saleh in place and continuing with “full powers” gives them to opportunity to do so. It also creates the security and stability needed. [post 2 of 2]
9-21-2022 Newshound/Intel Guru Mnt Goat The Continued Election Saga...what do I believe will happen shortly to make everyone happy? The most likely proposal will be to leave Al-Kazemi and Saleh in office in a “temporary” government not a caretaker government with full powers. How do I know this? A member of the KDP’s negotiating delegation stated that the next government should have full powers, and that preparations should be made for early elections. How does this effect our ability for the CBI to complete the currency reform and reinstate the dinar? The best guess I can make of the timing of the reinstatement is that the CBI WILL NOT ask to reinstate the dinar this year and will wait and see first how this all pans out. [post 1 of 2....stay tuned]
9-21-2022 Newshound Guru Pimpy We know Al-Kazemi is here at the United Nations and he almost appears to be politicking or campaigning is more like it. Al-Kazemi has taken the time to meet privately with a few leaders of different Arab nations who have guaranteed Al-Kazemi of their support. This is good for him. I'm not sure what that's going to do as far as whether or not it guarantees him to continue as a Prime Minister although I think he should...
9-21-2022 Newshound/Intel Guru Walkingstick [via Frank26] SDR and the IMF what they're doing is historical...this is amazing...that action with these European banks using IQD in their banks means the IQD is sanction free. It means there are no restrictions on the Iraqi dinar. It means the Iraqi dinar can be used to buy sell and trade with it internationally even if it's at a program rate...And if there are no restrictions...it means they are Article VIII. Article VIII means no restrictions on your currency...
9-21-2022 Newshound Guru Samson Article: "Al-Kazemi arrives at the United Nations building to attend the opening of the General Assembly"
9-21-2022 Intel Guru MarkZ [via PDK] I am being told by my finance ministry contacts there that things are moving very quickly in Iraq finally for values…lots of deals being cut so they can move forward… If they change the value before the RV it would be in fiat. They have a mechanism in place called a Nominal Effective Exchange Rate…where they could go with a partial increase in their value and the last rate I heard –if they do this is $1.60 US... I still do not think that is going to happen.
9-21-2022 Newshound/Intel Guru Walkingstick [via Frank26] When you see the SDR and the IMF walking hand in hand together - oh, buddy! That's not the way it used to be. That is a huge step...
9-21-2022 Newshound Guru Samson Article: "The former president of "SOMO": The government wants to continue depositing Iraqi oil revenues in the US Reserve Bank" Quote: "...all the money from the sale of oil goes to the US Reserve Bank since 1996, and the government demanded after 2003 that this mechanism remain to preserve funds from the risks of lawsuits."
9-21-2022 Intel Guru Bruce [via WiserNow] ...in terms of our notifications...it looks like we got pushed maybe another three or four days...so it could actually be...the weekend...we thought we would be going with notifications... starting probably Thursday - But at this point... To me, it's up in the air...Let's keep an eye on the next several days especially the weekend...it's really an amazing time for us...amazing for us to be here where we are be part of this...
9-21-2022 Newshound/Intel Guru Breitling When I look at Iraq it's authority only. What's the banking system doing? Where are they making their money? How do they expand their system? The people who can pass law and want to expand their system, what are they talking about? Who are they talking about? In other words who do they want to do business with. They're talking about us, the west. Parliament, the Ministry of Planning, the Ministry of Finance, the CBI, all of them who has the authority right down the line...just follow the policy and you'll be very happy.
9-21-2022 Newshound Guru Sandy Ingram Question: "Why are we hearing about a possible civil war in Iraq?" Yes, Iraq is going through a major political crisis. Yet the internal fighting stopped while Iraqis were preparing for the annual religious event where over 20 million Shiite pilgrims descended on the city of Kabbalah...2.6 million are from Iran...we cannot be sure what will occur once people return to the reality of their daily lives.
9-21-2022 Intel Guru Frank26 I feel in my heart Iran will not cause a civil war. I believe they want to do business with Kazemi and Iraq because they are in need of financial help badly and because they cannot steal the money anymore and their money sanctioned and worthless they're trying to make business with Iraq and Kazemi.
9-21-2022 Newshound/Intel Guru Mnt Goat If it does move quickly I feel they will conduct the project to delete the zeros and we will see articles telling this they are moving ahead sometime in later October through November. Then they will be ready for the reinstatement back to FOREX in early 2023, which is in their White Paper plan and is the next move in their project to reform the economy of Iraq. I believe the US, IMF, World Bank and Iran would go along with this plan. Having Al-Kazemi and Saleh in place and continuing with “full powers” gives them to opportunity to do so. It also creates the security and stability needed. [post 2 of 2]
9-21-2022 Newshound/Intel Guru Mnt Goat The Continued Election Saga...what do I believe will happen shortly to make everyone happy? The most likely proposal will be to leave Al-Kazemi and Saleh in office in a “temporary” government not a caretaker government with full powers. How do I know this? A member of the KDP’s negotiating delegation stated that the next government should have full powers, and that preparations should be made for early elections. How does this effect our ability for the CBI to complete the currency reform and reinstate the dinar? The best guess I can make of the timing of the reinstatement is that the CBI WILL NOT ask to reinstate the dinar this year and will wait and see first how this all pans out. [post 1 of 2....stay tuned]
9-21-2022 Newshound Guru Pimpy We know Al-Kazemi is here at the United Nations and he almost appears to be politicking or campaigning is more like it. Al-Kazemi has taken the time to meet privately with a few leaders of different Arab nations who have guaranteed Al-Kazemi of their support. This is good for him. I'm not sure what that's going to do as far as whether or not it guarantees him to continue as a Prime Minister although I think he should...
9-21-2022 Newshound/Intel Guru Walkingstick [via Frank26] SDR and the IMF what they're doing is historical...this is amazing...that action with these European banks using IQD in their banks means the IQD is sanction free. It means there are no restrictions on the Iraqi dinar. It means the Iraqi dinar can be used to buy sell and trade with it internationally even if it's at a program rate...And if there are no restrictions...it means they are Article VIII. Article VIII means no restrictions on your currency...
9-21-2022 Newshound Guru Samson Article: "Al-Kazemi arrives at the United Nations building to attend the opening of the General Assembly"
9-21-2022 Intel Guru MarkZ [via PDK] I am being told by my finance ministry contacts there that things are moving very quickly in Iraq finally for values…lots of deals being cut so they can move forward… If they change the value before the RV it would be in fiat. They have a mechanism in place called a Nominal Effective Exchange Rate…where they could go with a partial increase in their value and the last rate I heard –if they do this is $1.60 US... I still do not think that is going to happen.
9-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] Iran and the European Union and many others...are using the dinar in their banking structure. It's still at a program rate. But they're using it in their banks. That's a first. That's historical.
9-20-2022 Intel Guru MarkZ [via PDK] Al Kazemi has been in many closed door meetings today. And he is to speak to the UN on Friday. Today he met with other Arab countries leaders. They discussed banking and trade and values…and we are expecting that to continue throughout the week. We do not know whether or not when he addresses the UN on Friday, he address the new rate. But that is what a few of my contacts believe will happen…. We pray that is what happens.
9-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank guy said to me today that the deal with the European Union accepting dinars in their countries it's a super positive sign and only means they know this is a currency that will eventually become International it could be in 2023 or it could be the next quarter or it could be within weeks. We don't know. But they have calculated this and this is the only reason to go out and start accepting this dinar. It makes no sense otherwise. FRANK: ...I believe this month will be magical...if the satellite banks open by the end of the month into the first week of next month then the magic will be real.
9-20-2022 Newshound Guru Samson Article: "The German ambassador details the areas of partnership between Baghdad and Berlin and announces the extent of his country's support for Iraq" Quote: "Iraq has a large financial base and is different from the countries close to it and has special and interesting resources," noting that "Iraq has 85 million euros, and this compares to a full treasury for any future government."
9-20-2022 Newshound Guru Pimpy Article: "Iraq ranks 47th among the largest economies in the world" ...Congrats to Iraq for having a pretty strong economy despite all the crap that's going on. But...how much stronger it could have been had they been able to form a government, passed a budget and got a lot more accomplished without the stalemate. They would definitely be higher than 47th place that's for sure. But a good economy in a stable government, stable country, strong gold reserves, strong foreign currency reserves all these things help strengthen the Iraqi dinar. Those are the things that would help push the Iraq dinar forward as far as revaluing the Iraqi dinar.
9-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] Kazemi is having many secret meetings. These meeting are for the monetary reform. It's for the floating of the Iraqi dinar. It's for the opening of new banks. It's for the new currency to leave its country.
9-20-2022 Newshound Guru Samson Article: "Al-Kazemi arrives in New York" Quote: "Al-Kazemi arrives in New York: He will meet kings and heads of state and give a speech on Iraq"
9-20-2022 Intel Guru MarkZ [via PDK] [is this “Boom” week or are they still kicking the can?] I do not think they are kicking the can. I believe this is event driven now and things are moving quickly...it’s getting to be “crunch time” on the RV front. Out of Iraq there was a number of articles that came out from 3 different groups saying there is a need to get the government sat.
9-20-2022 Newshound Guru Sandy Ingram The Prime Minister of Iraq is traveling to the United States to participate in the work of the United Nations General Assembly at its 77th session...we can only hope as investors that these meetings with International figures will result in a higher exchange rate in the future...
9-20-2022 Intel/Newshound Guru RVAlready I think the reality is Iraq must fix their problem, or the UN will do it for them. And the international community is in no mood to wait.
9-20-2022 Newshound/Intel Guru Mnt Goat The CBI monetary and gold reserves continue to rise as the months roll on and oil continues to stay high. There is talk from my CBI contacts that the CBI is going to back the dinar totally with gold. This does not mean they won’t also have US dollars stashed in their foreign reserves and natural resources as well as the revenues from other sources such as customs and tariffs and tourism to back it up.
9-20-2022 Intel Guru MarkZ [via PDK] Al Kazemi has been in many closed door meetings today. And he is to speak to the UN on Friday. Today he met with other Arab countries leaders. They discussed banking and trade and values…and we are expecting that to continue throughout the week. We do not know whether or not when he addresses the UN on Friday, he address the new rate. But that is what a few of my contacts believe will happen…. We pray that is what happens.
9-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank guy said to me today that the deal with the European Union accepting dinars in their countries it's a super positive sign and only means they know this is a currency that will eventually become International it could be in 2023 or it could be the next quarter or it could be within weeks. We don't know. But they have calculated this and this is the only reason to go out and start accepting this dinar. It makes no sense otherwise. FRANK: ...I believe this month will be magical...if the satellite banks open by the end of the month into the first week of next month then the magic will be real.
9-20-2022 Newshound Guru Samson Article: "The German ambassador details the areas of partnership between Baghdad and Berlin and announces the extent of his country's support for Iraq" Quote: "Iraq has a large financial base and is different from the countries close to it and has special and interesting resources," noting that "Iraq has 85 million euros, and this compares to a full treasury for any future government."
9-20-2022 Newshound Guru Pimpy Article: "Iraq ranks 47th among the largest economies in the world" ...Congrats to Iraq for having a pretty strong economy despite all the crap that's going on. But...how much stronger it could have been had they been able to form a government, passed a budget and got a lot more accomplished without the stalemate. They would definitely be higher than 47th place that's for sure. But a good economy in a stable government, stable country, strong gold reserves, strong foreign currency reserves all these things help strengthen the Iraqi dinar. Those are the things that would help push the Iraq dinar forward as far as revaluing the Iraqi dinar.
9-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] Kazemi is having many secret meetings. These meeting are for the monetary reform. It's for the floating of the Iraqi dinar. It's for the opening of new banks. It's for the new currency to leave its country.
9-20-2022 Newshound Guru Samson Article: "Al-Kazemi arrives in New York" Quote: "Al-Kazemi arrives in New York: He will meet kings and heads of state and give a speech on Iraq"
9-20-2022 Intel Guru MarkZ [via PDK] [is this “Boom” week or are they still kicking the can?] I do not think they are kicking the can. I believe this is event driven now and things are moving quickly...it’s getting to be “crunch time” on the RV front. Out of Iraq there was a number of articles that came out from 3 different groups saying there is a need to get the government sat.
9-20-2022 Newshound Guru Sandy Ingram The Prime Minister of Iraq is traveling to the United States to participate in the work of the United Nations General Assembly at its 77th session...we can only hope as investors that these meetings with International figures will result in a higher exchange rate in the future...
9-20-2022 Intel/Newshound Guru RVAlready I think the reality is Iraq must fix their problem, or the UN will do it for them. And the international community is in no mood to wait.
9-20-2022 Newshound/Intel Guru Mnt Goat The CBI monetary and gold reserves continue to rise as the months roll on and oil continues to stay high. There is talk from my CBI contacts that the CBI is going to back the dinar totally with gold. This does not mean they won’t also have US dollars stashed in their foreign reserves and natural resources as well as the revenues from other sources such as customs and tariffs and tourism to back it up.
9-19-2022 Intel Guru Frank26 Article: "The Central Bank separates the work of the Deposit Insurance Company, the development of the payments system, and cooperation with major international banks". CBI FROM ATM's, TO FDIC, TO BUNA... ALL PART OF THE MONETARY REFORM EDUCATION TO THE CITIZENS
9-19-2022 Intel Guru MarkZ [via PDK] Well we have some interesting news…what I hear from my sources in the last hour is 2 large groups that have aggregated currency and already have SKR’s for 4a…have been told no more...Submitting updated personal information so that they can pay them...it is closed as of this afternoon. No more changes...they say it’s too close now to the time of release to accept any more information changes… I think that is a clear indicator of how close we are.
9-19-2022 Newshound Guru Samson Article: "Al-Kazemi carries 5 “announced” files to New York, and “Al-Ghad Press” looks at the sixth" Quote: "Al-Kazemi will head a high-ranking ministerial delegation to New York, to participate in the meetings of the United Nations General Assembly...the political crisis in the country will top Al-Kazemi's discussions with world leaders, led by US President Joe Biden"
9-19-2022 Newshound Guru Sandy Ingram Article: "21 million Shiites mark Arbaeen in Iraq's Karbala" ...pilgrims are traveling from Iran, Palestine and different parts of the Middle East to an annual religious celebration. This massive celebration is in Kabbalah and is one of the world's largest public gatherings that is held every year in Iraq. Kabbalah is approximately 55 miles from Baghdad.
9-19-2022 Guru Nader From The Mid East I have the journalist...He has...an Iraqi diplomat who works in Washington. We're going to talk about the exchange rate, the dinar and all that. I'm still organizing it. The guy is really busy so as soon as he gives me the green light I will do it right away...
9-19-2022 Newshound Guru Pimpy ...Obviously if the oil prices go up this also affects the value of the Iraqi dinar. No, you're not going to see any real significant jump or increase [In the exchange rate of the dinar] not yet, with the increase of money that will be coming into Iraq it will increase their foreign reserves, they continue to add large amounts of gold (it seems like every month now) which will only do what? Secure the Iraqi dinar. Strengthen it...
9-19-2022 Intel Guru MarkZ [via PDK] Guru Mnt Goat post quote: "...It may take until the end of the year to catch up so don’t expect anything until at least January 2023..." I am still looking for much sooner than that but, isn’t it nice everybody is agreeing that things are lining up? I still think September...A lot of chatter and research is pointing to the end of this month…My guess is this month... I think this week is going to be huge.
9-19-2022 Newshound Guru Breitling Inside Iraqi the Sunni and Shia want to expand their markets and their markets are in the west. Russia and China are not expanding, they're shrinking...the average person out there knows if I'm going to sell something I want as many customers as possible. That is what Iraq is looking at...That's all they're looking at nothing more than that. So it's all positive news coming out of Iraq for the Iraqi dinar.
9-19-2022 Intel Guru Frank26 Question: "When the ATMs start spitting out cash and the satellite banks open are we still waiting on the reforms?" We're waiting on the reforms. Actually we're waiting for when the government sits. Then they'll show you a budget that has the white papers that contains a new exchange rate...
9-19-2022 Intel Guru MarkZ [via PDK] BIG Rumors that Iraq is looking at joining BRICS. I want to tell you that no matter where you are at…there is no chance you will be kept from exchanging dinar. You do not have to worry about it - even if they join BRICS …everyone will still be able to exchange. On the world stage-you cannot pick and choose who gets to exchange…everyone will be able to exchange…. The way this will work. BRICS was designed as a way of forcing the reset. CIPS was formed as an alternative to the SWIFT system. They want to force the reset and it is working like a charm...Some news articles are clear signs of our impending revaluation…
9-19-2022 Intel Guru MarkZ [via PDK] Well we have some interesting news…what I hear from my sources in the last hour is 2 large groups that have aggregated currency and already have SKR’s for 4a…have been told no more...Submitting updated personal information so that they can pay them...it is closed as of this afternoon. No more changes...they say it’s too close now to the time of release to accept any more information changes… I think that is a clear indicator of how close we are.
9-19-2022 Newshound Guru Samson Article: "Al-Kazemi carries 5 “announced” files to New York, and “Al-Ghad Press” looks at the sixth" Quote: "Al-Kazemi will head a high-ranking ministerial delegation to New York, to participate in the meetings of the United Nations General Assembly...the political crisis in the country will top Al-Kazemi's discussions with world leaders, led by US President Joe Biden"
9-19-2022 Newshound Guru Sandy Ingram Article: "21 million Shiites mark Arbaeen in Iraq's Karbala" ...pilgrims are traveling from Iran, Palestine and different parts of the Middle East to an annual religious celebration. This massive celebration is in Kabbalah and is one of the world's largest public gatherings that is held every year in Iraq. Kabbalah is approximately 55 miles from Baghdad.
9-19-2022 Guru Nader From The Mid East I have the journalist...He has...an Iraqi diplomat who works in Washington. We're going to talk about the exchange rate, the dinar and all that. I'm still organizing it. The guy is really busy so as soon as he gives me the green light I will do it right away...
9-19-2022 Newshound Guru Pimpy ...Obviously if the oil prices go up this also affects the value of the Iraqi dinar. No, you're not going to see any real significant jump or increase [In the exchange rate of the dinar] not yet, with the increase of money that will be coming into Iraq it will increase their foreign reserves, they continue to add large amounts of gold (it seems like every month now) which will only do what? Secure the Iraqi dinar. Strengthen it...
9-19-2022 Intel Guru MarkZ [via PDK] Guru Mnt Goat post quote: "...It may take until the end of the year to catch up so don’t expect anything until at least January 2023..." I am still looking for much sooner than that but, isn’t it nice everybody is agreeing that things are lining up? I still think September...A lot of chatter and research is pointing to the end of this month…My guess is this month... I think this week is going to be huge.
9-19-2022 Newshound Guru Breitling Inside Iraqi the Sunni and Shia want to expand their markets and their markets are in the west. Russia and China are not expanding, they're shrinking...the average person out there knows if I'm going to sell something I want as many customers as possible. That is what Iraq is looking at...That's all they're looking at nothing more than that. So it's all positive news coming out of Iraq for the Iraqi dinar.
9-19-2022 Intel Guru Frank26 Question: "When the ATMs start spitting out cash and the satellite banks open are we still waiting on the reforms?" We're waiting on the reforms. Actually we're waiting for when the government sits. Then they'll show you a budget that has the white papers that contains a new exchange rate...
9-19-2022 Intel Guru MarkZ [via PDK] BIG Rumors that Iraq is looking at joining BRICS. I want to tell you that no matter where you are at…there is no chance you will be kept from exchanging dinar. You do not have to worry about it - even if they join BRICS …everyone will still be able to exchange. On the world stage-you cannot pick and choose who gets to exchange…everyone will be able to exchange…. The way this will work. BRICS was designed as a way of forcing the reset. CIPS was formed as an alternative to the SWIFT system. They want to force the reset and it is working like a charm...Some news articles are clear signs of our impending revaluation…
9-18-2022 Intel Guru Frank26 Article: "Shafak News and "BBC" sign a partnership contract, the first of its kind in Iraq" IRANIAN CONTROLLED MEDIA IN IRAQ... MOVE OVER Quote: "Shafaq News Agency and the prestigious British "BBC News Arabic" network signed a partnership agreement, the first of its kind for a media-journalistic organization, in Iraq."
9-18-2022 Newshound Guru Clare "These rights are used to settle payments between member countries...Therefore, central banks, including Iraq, seek to buy quantities of gold from time to time. The most recent of which is Iraq’s purchase of a new amount of gold, amounting to approximately (34) tons, bringing Iraq’s balance to (134,4)...which made its classification become the fourth Arab and thirty-three globally. This increase is within the framework of a strategy The Central Bank to manage its assets in order to achieve the highest levels of stability..." [Post 2 of 2]
9-18-2022 Newshound Guru Clare Article: "The Central Bank of Iraq has three reserves to serve the requirements of monetary stability and development" Quote: "This reserve consists of: Foreign exchange papers...Which is estimated at more than (85) billion dollars. [2nd] Gold...is in the form of bullion or coins in the vaults of the International Monetary Fund...As for the third reserve, it is the special drawing rights: it is the new reserve and it is used to meet the deficit in the country's traditional reserves and drawing rights are granted to each of the member states of the International Monetary Fund..." [Post 1 of 2....stay tuned]
9-18-2022 Newshound Guru Pimpy Article: "Iraq ranks 47th among the largest economies in the world" This is great news for Iraq but can you imagine had they had a government formed where they be today? Having a strong economy is a huge part of them revaluing the Iraqi dinar. The other two steps are still moving forward which is the accumulation of gold and the accumulation of foreign currency access...those will just help strengthen the dinar...congrats to Iraq despite the fact that they're in political chaos and they still manage to do very well economically.
9-18-2022 Guest Guru BobTheTaxMan I get a lot of inquiries about this...money they've [Congress - Inflation Reduction Act] put into the...IRS. You're always going to have the rhetoric of 'they're going to strip you of this or that or whatever'. That's all total absolute bull...The software that they've been using for this massive job...is 1960's stuff...they need to get themselves back up to par...because when you get an invalid system...that's when you don't have a satisfactory result...I assure you this shot that goes into the IRS is going to be a benefit...lay aside your fears about what is going to happen with the IRS.
9-18-2022 Newshound Guru Samson Article: "Al-Kazemi will fly to America tomorrow" "Al-Kazemi will hold meetings with a number of world leaders, led by US President Joe Biden."
9-18-2022 Intel Guru Frank26 Question: "Can we exchange in the CBI satellite banks?" You can exchange it into American dollars...you can take your Iraq dinars to these satellite banks. They will exchange them into the new small category notes which I don't think you want...you'll want the American dollar because you live in America. What are you going to do with the Iraqi dinar in America? You're going to go to Walmart? What are you going to buy? Nothing. You have to use American dollars.
9-18-2022 Intel Guru MarkZ [via PDK] My sources on the ground in Iraq were very quiet this weekend...the bankers are still at the edge of their seats and prepared…. They have to be…Not exactly like the “boy who cried wolf” but, they need to be ready no matter when it goes...
9-18-2022 Newshound Guru Pimpy [Response to Guru Nader's Question below.] Nader put out a video asking some questions about the CBI and the fact that they sold 1.2 billion in Forex last week. It was a legitimate question...they're not selling the Iraqi dinar, they're selling their foreign currencies. Remember...now they're holding $85 billion worth. That's important because the more you hold of different countries' currencies the more you're able to protect your own currency. At times when you need to you could sell other foreign currencies to help increase the value of your currency...It's not the dinar on Forex they're just talking about all their foreign currencies...Iraqi dinar is not being bought and sold on Forex. Not yet.
9-18-2022 Newshound Guru Samson Article: "America's strategic oil reserves fall to their lowest level since 1984" Quote: "US President Joe Biden set out in March a plan to release one million barrels per day over six months from the Strategic Petroleum Reserve to overcome high fuel prices in the United States that contributed to sharp increases in inflation. Energy Secretary Jennifer Granholm told Reuters last week that the Biden administration was considering the need for more releases from the petroleum reserve after the current program expires in October..."
9-18-2022 Guru Nader From The Mid East Article: "CBI sold +1.2 billion in forex last week". This has got me confused a little bit...Says CBI sold 1.2 billion on Forex last week...I try to call a couple of times people who works for Forex and ask them if we can invest or buy or sell Iraqi dinar and they says no. And now this article comes out and says the CBI sold 1.2 billion last week?...somebody please explain it to me because I don't get it. [Stay tuned as the other gurus and community chime in on this interesting news story...]
9-18-2022 Intel Guru MarkZ [via PDK] Question: Can Iraq reinstate its currency today and then later RV under the gold treaty? We have been told that is a possibility. That would be the NEER rate (nominal effective exchange rate) but, I haven’t seen that discussed in a long time...
9-18-2022 Newshound Guru Clare "These rights are used to settle payments between member countries...Therefore, central banks, including Iraq, seek to buy quantities of gold from time to time. The most recent of which is Iraq’s purchase of a new amount of gold, amounting to approximately (34) tons, bringing Iraq’s balance to (134,4)...which made its classification become the fourth Arab and thirty-three globally. This increase is within the framework of a strategy The Central Bank to manage its assets in order to achieve the highest levels of stability..." [Post 2 of 2]
9-18-2022 Newshound Guru Clare Article: "The Central Bank of Iraq has three reserves to serve the requirements of monetary stability and development" Quote: "This reserve consists of: Foreign exchange papers...Which is estimated at more than (85) billion dollars. [2nd] Gold...is in the form of bullion or coins in the vaults of the International Monetary Fund...As for the third reserve, it is the special drawing rights: it is the new reserve and it is used to meet the deficit in the country's traditional reserves and drawing rights are granted to each of the member states of the International Monetary Fund..." [Post 1 of 2....stay tuned]
9-18-2022 Newshound Guru Pimpy Article: "Iraq ranks 47th among the largest economies in the world" This is great news for Iraq but can you imagine had they had a government formed where they be today? Having a strong economy is a huge part of them revaluing the Iraqi dinar. The other two steps are still moving forward which is the accumulation of gold and the accumulation of foreign currency access...those will just help strengthen the dinar...congrats to Iraq despite the fact that they're in political chaos and they still manage to do very well economically.
9-18-2022 Guest Guru BobTheTaxMan I get a lot of inquiries about this...money they've [Congress - Inflation Reduction Act] put into the...IRS. You're always going to have the rhetoric of 'they're going to strip you of this or that or whatever'. That's all total absolute bull...The software that they've been using for this massive job...is 1960's stuff...they need to get themselves back up to par...because when you get an invalid system...that's when you don't have a satisfactory result...I assure you this shot that goes into the IRS is going to be a benefit...lay aside your fears about what is going to happen with the IRS.
9-18-2022 Newshound Guru Samson Article: "Al-Kazemi will fly to America tomorrow" "Al-Kazemi will hold meetings with a number of world leaders, led by US President Joe Biden."
9-18-2022 Intel Guru Frank26 Question: "Can we exchange in the CBI satellite banks?" You can exchange it into American dollars...you can take your Iraq dinars to these satellite banks. They will exchange them into the new small category notes which I don't think you want...you'll want the American dollar because you live in America. What are you going to do with the Iraqi dinar in America? You're going to go to Walmart? What are you going to buy? Nothing. You have to use American dollars.
9-18-2022 Intel Guru MarkZ [via PDK] My sources on the ground in Iraq were very quiet this weekend...the bankers are still at the edge of their seats and prepared…. They have to be…Not exactly like the “boy who cried wolf” but, they need to be ready no matter when it goes...
9-18-2022 Newshound Guru Pimpy [Response to Guru Nader's Question below.] Nader put out a video asking some questions about the CBI and the fact that they sold 1.2 billion in Forex last week. It was a legitimate question...they're not selling the Iraqi dinar, they're selling their foreign currencies. Remember...now they're holding $85 billion worth. That's important because the more you hold of different countries' currencies the more you're able to protect your own currency. At times when you need to you could sell other foreign currencies to help increase the value of your currency...It's not the dinar on Forex they're just talking about all their foreign currencies...Iraqi dinar is not being bought and sold on Forex. Not yet.
9-18-2022 Newshound Guru Samson Article: "America's strategic oil reserves fall to their lowest level since 1984" Quote: "US President Joe Biden set out in March a plan to release one million barrels per day over six months from the Strategic Petroleum Reserve to overcome high fuel prices in the United States that contributed to sharp increases in inflation. Energy Secretary Jennifer Granholm told Reuters last week that the Biden administration was considering the need for more releases from the petroleum reserve after the current program expires in October..."
9-18-2022 Guru Nader From The Mid East Article: "CBI sold +1.2 billion in forex last week". This has got me confused a little bit...Says CBI sold 1.2 billion on Forex last week...I try to call a couple of times people who works for Forex and ask them if we can invest or buy or sell Iraqi dinar and they says no. And now this article comes out and says the CBI sold 1.2 billion last week?...somebody please explain it to me because I don't get it. [Stay tuned as the other gurus and community chime in on this interesting news story...]
9-18-2022 Intel Guru MarkZ [via PDK] Question: Can Iraq reinstate its currency today and then later RV under the gold treaty? We have been told that is a possibility. That would be the NEER rate (nominal effective exchange rate) but, I haven’t seen that discussed in a long time...
9-17-2022 Newshound/Intel Guru Mnt Goat I know for many of you things seems hopeless for your investment. But I can assure you they are not hopeless. We will see a major shift soon in the USA and this will impact the foreign policy of the USA towards Iraq . It may take until the end of the year to catch up so don’t expect anything until at least January 2023...Things are going to change and the future is very bright for Iraq.
9-17-2022 Intel Guru Frank26 The generation that's there for the last 20 years they've never seen a currency of their own. The generation before them 30-40 years old don't even live in Iraq . They ran away and that's why there's so many banks that are being established around the world to take care of all these Iraqis. The Iraqi dinar is going to become a pivotal currency. It'll be a currency hub Iraq - Baghdad . Everybody knows. The Middle East knows it...
9-17-2022 Newshound Guru Samson Article "Al-Kazemi’s advisor: The foreign exchange reserve represents real monetary stability for the country" Quote "Saleh said, "All indicators confirm today that the country's foreign exchange reserves, which amounted to about $85 billion, including gold, are at a high level of efficiency and represent real monetary stability for the country."
9-17-2022 Guru Nader From The Mid East I think the first week of January they gonna launch the 2023 budget and the good news the rate it's in it. But I don't know what's the rate. The rate is in it...
9-17-2022 Intel Guru MarkZ [via PDK] [Guru Mnt Goat: "The new lower denominations that we are looking for are not yet in circulation." ] [reference Mnt Goat post 9-16-2022] ...I am told they exist by a number of folks that work in the finance ministry..
9-17-2022 Newshound Guru Kaperoni If the dinar is ever going to go up in value it will be the result of Iraq building a private sector diversity economy. But only if they pass laws, encourage investment, and diversify away from oil. A country's currency exchange rate is never a random act. It's based on economic growth, GDP, etc. Only with the success and growth of Iraq's economy can the dinar go up in value.
9-17-2022 Newshound Guru Pimpy We're closer now than ever before to a civil war over there in Iraq... Article: "Iraq is Nearing the Brink of a Shiite Civil War" ...until all this crap is settled you're not going to see any changes whatsoever in the Iraqi dinar. We see they've done a lot of great things for the Iraqi dinar - more gold. More foreign currency asset buildup but if they're going to have a civil war, the country is going to be unstable. This is not good.
9-17-2022 Intel Guru Frank26 Article: "High foreign reserves of the Central Bank of Iraq" yeah! Very high! ...because the gov of the CBI controls the auctions, increasing foreign reserves instead of decreasing them by having Iran steal them. I love it.
9-17-2022 Newshound Guru Samson Article: "The World Council: Iraq is among the Arab countries with the most gold reserves" Quote: "Iraq still maintains its 30th position globally with the largest gold reserves out of the 100 countries included in the international financial statistics for global gold reserves and for the second month in a row after purchasing 34 tons in the month of June, when these reserves amounted to 130.4 tons, which represents 9.5% of the remaining his other currencies..."
9-17-2022 Intel Guru Frank26 The generation that's there for the last 20 years they've never seen a currency of their own. The generation before them 30-40 years old don't even live in Iraq . They ran away and that's why there's so many banks that are being established around the world to take care of all these Iraqis. The Iraqi dinar is going to become a pivotal currency. It'll be a currency hub Iraq - Baghdad . Everybody knows. The Middle East knows it...
9-17-2022 Newshound Guru Samson Article "Al-Kazemi’s advisor: The foreign exchange reserve represents real monetary stability for the country" Quote "Saleh said, "All indicators confirm today that the country's foreign exchange reserves, which amounted to about $85 billion, including gold, are at a high level of efficiency and represent real monetary stability for the country."
9-17-2022 Guru Nader From The Mid East I think the first week of January they gonna launch the 2023 budget and the good news the rate it's in it. But I don't know what's the rate. The rate is in it...
9-17-2022 Intel Guru MarkZ [via PDK] [Guru Mnt Goat: "The new lower denominations that we are looking for are not yet in circulation." ] [reference Mnt Goat post 9-16-2022] ...I am told they exist by a number of folks that work in the finance ministry..
9-17-2022 Newshound Guru Kaperoni If the dinar is ever going to go up in value it will be the result of Iraq building a private sector diversity economy. But only if they pass laws, encourage investment, and diversify away from oil. A country's currency exchange rate is never a random act. It's based on economic growth, GDP, etc. Only with the success and growth of Iraq's economy can the dinar go up in value.
9-17-2022 Newshound Guru Pimpy We're closer now than ever before to a civil war over there in Iraq... Article: "Iraq is Nearing the Brink of a Shiite Civil War" ...until all this crap is settled you're not going to see any changes whatsoever in the Iraqi dinar. We see they've done a lot of great things for the Iraqi dinar - more gold. More foreign currency asset buildup but if they're going to have a civil war, the country is going to be unstable. This is not good.
9-17-2022 Intel Guru Frank26 Article: "High foreign reserves of the Central Bank of Iraq" yeah! Very high! ...because the gov of the CBI controls the auctions, increasing foreign reserves instead of decreasing them by having Iran steal them. I love it.
9-17-2022 Newshound Guru Samson Article: "The World Council: Iraq is among the Arab countries with the most gold reserves" Quote: "Iraq still maintains its 30th position globally with the largest gold reserves out of the 100 countries included in the international financial statistics for global gold reserves and for the second month in a row after purchasing 34 tons in the month of June, when these reserves amounted to 130.4 tons, which represents 9.5% of the remaining his other currencies..."
9-16-2022 Intel Guru MarkZ [via PDK] ...the chatter is saying it could happen at ”any moment”…but contacts really aren’t talking. Over the last few days I’ve been hearing “We have an NDA now-we can’t talk. Things are on schedule”... Well I don’t know what the schedule is so I am as frustrated as you are. But, that is what I am getting... I believe it’s going to be an
interesting few days.
9-16-2022 Intel Guru Bruce [via WiserNow] And the Iraqi dinar, which we know is trading upward now is close to a baker's dozen, right now is moving forward and should be internationally known meaning it should be known on Sunday that it is a restored currency. Okay, and revalue globally, internationally, even to us...And that gives me confidence that maybe we do get this thing over the weekend. Let's see what happens. [post 2 of 2]
9-16-2022 Intel Guru Bruce [via WiserNow] Most of the banks have kind of clammed up...if you're looking at a timeline of events that have happened, and need to happen, I think we're just about there. I think we're just about there with everything that I can understand from the timelines... I think the possibility of getting notified over the weekend is real...we've been told from some pretty good people to look for the weekend. [post 1 of 2....stay tuned]
9-16-2022 Intel Guru Frank26 Question: "IYO do you think it will be 1 to 1 when it leaves the border of Iraq?" At this point it may be more now because the dollar is falling so far behind every day...you think the dinar wants to be embarrassed and walk with the American dollar anymore. No.
9-16-2022 Newshound Guru Kaperoni The later is what has been described under the IMF Article IV Consultation from 2013 which is to create the conditions for a suitable investment environment, then float the dinar and allow it to gradually appreciate based on the economic success. But this is going to take time. [Post 2 of 2]
9-16-2022 Newshound Guru Kaperoni There are really only two options for Iraq. The first one is a redenomination LOP, which is a neutral event and not what we want to occur. The other is to pass laws, create a suitable investment environment and diversify the economy away from oil. Only then the dinar could float. [Post 1 of 2....stay tuned]
9-16-2022 Newshound Guru Samson Article: "Association of Private Banks: The percentage of financial inclusion in Iraq has risen to 33.5%" Quote: "...the percentage of financial inclusion increased from 22.5% during the year 2020 to 33.5%, an increase of about 49% from the year 2020, due to the Central Bank’s policy to support the project to localize employee salaries and increase the opening of Banking branches, digital transformation support, electronic wallets, payment points and ATMs"
9-16-2022 Newshound Guru Pimpy Article: "Iraq's gold reserves rise to 130.4 tons". Iraq continues to add to their reserves. They now have 130.4 tons of gold. Quote: "Iraq ranked 3rd in the Arab world and 30 in the world..." ...with the gold reserves in Iraq increasing and the foreign currency reserves also increasing this is huge for the support of the Iraqi dinar. They're a big part of what makes a currency strong. I see some big steps being taken that do indeed help the Iraqi dinar in a big way...
9-16-2022 Newshound/Intel Guru Mnt Goat The new lower denominations that we are looking for are not yet in circulation. Other countries are not yet exchanging the dinar. There is no reason for them to be exchanging.
9-16-2022 Intel Guru Frank26 Article: "The Board of Directors of the Center for Banking Studies holds its second meeting for the year 2022" Part of that meeting was to tell the two gentlemen [Guru Walkingstick's satellite bank contacts] and many other gentleman, we need you to train the satellite employees now because we've got the ones in Iraq trained. The ones all around the world need to be trained...the two gentlemen were going to stick around [The U.S.] for 6 weeks. That's why they're still here...
9-16-2022 Intel Guru MarkZ [via PDK] I am looking from the 20th to the Oct 1st…but there are a lot of group leaders looking at tonight [Thursday] into tomorrow. I hope they are right and I am wrong. Nobody knows the exact timing…the chatter from the groups today has been fantastic. They are keyed up for “any moment” right now.
interesting few days.
9-16-2022 Intel Guru Bruce [via WiserNow] And the Iraqi dinar, which we know is trading upward now is close to a baker's dozen, right now is moving forward and should be internationally known meaning it should be known on Sunday that it is a restored currency. Okay, and revalue globally, internationally, even to us...And that gives me confidence that maybe we do get this thing over the weekend. Let's see what happens. [post 2 of 2]
9-16-2022 Intel Guru Bruce [via WiserNow] Most of the banks have kind of clammed up...if you're looking at a timeline of events that have happened, and need to happen, I think we're just about there. I think we're just about there with everything that I can understand from the timelines... I think the possibility of getting notified over the weekend is real...we've been told from some pretty good people to look for the weekend. [post 1 of 2....stay tuned]
9-16-2022 Intel Guru Frank26 Question: "IYO do you think it will be 1 to 1 when it leaves the border of Iraq?" At this point it may be more now because the dollar is falling so far behind every day...you think the dinar wants to be embarrassed and walk with the American dollar anymore. No.
9-16-2022 Newshound Guru Kaperoni The later is what has been described under the IMF Article IV Consultation from 2013 which is to create the conditions for a suitable investment environment, then float the dinar and allow it to gradually appreciate based on the economic success. But this is going to take time. [Post 2 of 2]
9-16-2022 Newshound Guru Kaperoni There are really only two options for Iraq. The first one is a redenomination LOP, which is a neutral event and not what we want to occur. The other is to pass laws, create a suitable investment environment and diversify the economy away from oil. Only then the dinar could float. [Post 1 of 2....stay tuned]
9-16-2022 Newshound Guru Samson Article: "Association of Private Banks: The percentage of financial inclusion in Iraq has risen to 33.5%" Quote: "...the percentage of financial inclusion increased from 22.5% during the year 2020 to 33.5%, an increase of about 49% from the year 2020, due to the Central Bank’s policy to support the project to localize employee salaries and increase the opening of Banking branches, digital transformation support, electronic wallets, payment points and ATMs"
9-16-2022 Newshound Guru Pimpy Article: "Iraq's gold reserves rise to 130.4 tons". Iraq continues to add to their reserves. They now have 130.4 tons of gold. Quote: "Iraq ranked 3rd in the Arab world and 30 in the world..." ...with the gold reserves in Iraq increasing and the foreign currency reserves also increasing this is huge for the support of the Iraqi dinar. They're a big part of what makes a currency strong. I see some big steps being taken that do indeed help the Iraqi dinar in a big way...
9-16-2022 Newshound/Intel Guru Mnt Goat The new lower denominations that we are looking for are not yet in circulation. Other countries are not yet exchanging the dinar. There is no reason for them to be exchanging.
9-16-2022 Intel Guru Frank26 Article: "The Board of Directors of the Center for Banking Studies holds its second meeting for the year 2022" Part of that meeting was to tell the two gentlemen [Guru Walkingstick's satellite bank contacts] and many other gentleman, we need you to train the satellite employees now because we've got the ones in Iraq trained. The ones all around the world need to be trained...the two gentlemen were going to stick around [The U.S.] for 6 weeks. That's why they're still here...
9-16-2022 Intel Guru MarkZ [via PDK] I am looking from the 20th to the Oct 1st…but there are a lot of group leaders looking at tonight [Thursday] into tomorrow. I hope they are right and I am wrong. Nobody knows the exact timing…the chatter from the groups today has been fantastic. They are keyed up for “any moment” right now.
9-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Saleh is on TV says our cash reserves will be over $100 billion and that's the most ever in our history. He said he got that from the governor of the CBI and he said that money has to be used to advance Iraq . It's for investment and to grow. FRANK: Saleh is telling the citizens of Iraq your currency has value. It's going to be paying things off. It's going to be well received by the rest of the world...
9-15-2022 Intel Guru MarkZ [via PDK] It was exceptionally quiet overnight on the RV front...we are still waiting on the timing... A couple large groups let me know yesterday that things are still moving and to stay confident….
9-15-2022 Newshound Guru Clare Article 1 "The Central Bank separates the work of the Deposit Insurance Company, the development of the payments system, and cooperation with major international banks" Article: 2 "The Central Bank announces international cooperation with Iraqi banks" GREAT ARTICLE! The Central Bank announces international cooperation with Iraqi banks.
9-15-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] One is preparing to return back [to Middle East ]. The other is saying because he has to run the bank that he owns. They're in the process of training the tellers. They are still on target to try to open by the end of this month into the first week of next month...the one who is staying bought some land. Actually he bought a lot of land and he is going to build a home. He has to say here. He has to run that bank. It's serious. They are treating it seriously...
9-15-2022 Newshound/Intel Guru Breitling Let's talk about Iraq and the threat for Iraq to add value or not to add value. Right now they're making a ton of money. They're not worried about it. It doesn't mean they've shelved trying to be Swift compliant and trying to open up their markets to the west. They're still working on that right now.
9-15-2022 Newshound Guru Sandy Ingram Here's why this is important - someone within Parliament wants to implement a new law surrounding finances...it appears the white papers are 100% in effect and the foundation of Iraq is sealed. It does not matter who the next president or prime minister is if the laws of the federal court are followed. Iraq will grow financially regardless of the political environment. [Post 2 of 2]
9-15-2022 Newshound Guru Sandy Ingram Article: "Law proposal includes financial aspects and $100 billion reserves expectations" Iraq has never experienced or witnessed this type of growth before. Iraq expects the currency reserves to reach 100 billion if oil prices remain high until the end of the year. The technical advisor to the prime minister explained that this figure will support the stability of the Iraqi currency. [Post 1 of 2...stay tuned]
9-15-2022 Newshound Guru Samson Article 1: "Al-Kazemi's advisor : The financial surplus may reach 25 trillion dinars at the end of the year" Quote: "...while noting that the inflation rate rose 10 times due to the change in the exchange rate." Article 2: "Oil pushes Iraq's cash reserves to a historic high" Quote: "The country's reserves have reached the highest level achieved by the central bank since 2003,..gold reserves exceeded 130.4 tons, worth $7 billion, bringing Iraq to the thirtieth place globally and fourth in the Arab world..."
9-15-2022 Intel Guru MarkZ [via PDK] Regarding the new $5 dinar note…there is a 1981 note that looks very similar. The old notes have a watermark and the new notes have security features and a holographic watermark...
I have been deep diving on this with other people around the globe to make sure we give accurate information. I am certain these are new notes being talked about.
9-15-2022 Intel Guru Bruce [via WiserNow] Iraq, who has brought out their new Iraqi dinar and we had three confirmations all from Iraq, that they have been using that new currency and exchanging Iraqi dinar since Sunday in the Middle East...the term for the new Iraqi dinar in the Middle East is the “Golden Dinar”. That is the currency that is going to be used between all of the Middle Eastern countries as sort of the go to currency for the Middle East, doesn't mean the other countries won't have their own currencies - But the golden dinar is recognized as so strong, that it's going to be used as a currency.
9-15-2022 Intel Guru Frank26 A picture of a five Iraqi dinar. Everybody's saying, 'Look there's a new small category note. There is no zeros on there. That's a five.' All you have to do is look at the batch number. Blow it up and you can see the batch number and then you'll know exactly those are from the Saddam/Swiss era...
9-15-2022 Newshound Guru Pimpy [Response to Guru Nader's 5 dinar note video below...] Let's take a look at it...this is a bill...As a collector this is exactly how I'd love to see it - Nice, flat, crisp, centered, no marks, no folds, nothing and a protector just like this. But that's just it. It's a collectable people. This is from the 1980s. This is not a new bill...(See eBay - Iraq P-70 5 dinars year 1980 Waterfall Uncirculated Banknote )...it's a beautiful note. I like the colors but sorry people that is not a new banknote... [Post 2 of 2]
9-15-2022 Newshound Guru Pimpy [Response to Guru Nader's 5 dinar note video shown below] And the crowd goes wild! Apparently a new lower denominated dinar is flying around the dinar community. People are celebrating...If indeed the central bank was issuing five dinar bills well then that would mean the dinar exchange rate would have to be up there high enough to give us some type of value. Who knows maybe...1 dinar for 1 U.S. dollar. Maybe 2 U.S. dollars for 1 dinar...if a lower denomination was indeed issued then that would mean that a rate change is coming and that's what everybody's excited about... [Post 1 of 2]
9-15-2022 Guru Nader From The Mid East I just published a video with...the 5 dinar banknote. [see video below] But I don't know if it's the real thing or not. I have no idea. The guy took the video and sent it to me. I was excited to see it...and I wanted everybody to see it...the only thing he said, the new notes will not be out before 2023. We'll see what's going on. He's my friend. He's from Iraq. He works in a bank... [Note: Previous guru posts are below the video...]
9-15-2022 Intel Guru MarkZ [via PDK] It was exceptionally quiet overnight on the RV front...we are still waiting on the timing... A couple large groups let me know yesterday that things are still moving and to stay confident….
9-15-2022 Newshound Guru Clare Article 1 "The Central Bank separates the work of the Deposit Insurance Company, the development of the payments system, and cooperation with major international banks" Article: 2 "The Central Bank announces international cooperation with Iraqi banks" GREAT ARTICLE! The Central Bank announces international cooperation with Iraqi banks.
9-15-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] One is preparing to return back [to Middle East ]. The other is saying because he has to run the bank that he owns. They're in the process of training the tellers. They are still on target to try to open by the end of this month into the first week of next month...the one who is staying bought some land. Actually he bought a lot of land and he is going to build a home. He has to say here. He has to run that bank. It's serious. They are treating it seriously...
9-15-2022 Newshound/Intel Guru Breitling Let's talk about Iraq and the threat for Iraq to add value or not to add value. Right now they're making a ton of money. They're not worried about it. It doesn't mean they've shelved trying to be Swift compliant and trying to open up their markets to the west. They're still working on that right now.
9-15-2022 Newshound Guru Sandy Ingram Here's why this is important - someone within Parliament wants to implement a new law surrounding finances...it appears the white papers are 100% in effect and the foundation of Iraq is sealed. It does not matter who the next president or prime minister is if the laws of the federal court are followed. Iraq will grow financially regardless of the political environment. [Post 2 of 2]
9-15-2022 Newshound Guru Sandy Ingram Article: "Law proposal includes financial aspects and $100 billion reserves expectations" Iraq has never experienced or witnessed this type of growth before. Iraq expects the currency reserves to reach 100 billion if oil prices remain high until the end of the year. The technical advisor to the prime minister explained that this figure will support the stability of the Iraqi currency. [Post 1 of 2...stay tuned]
9-15-2022 Newshound Guru Samson Article 1: "Al-Kazemi's advisor : The financial surplus may reach 25 trillion dinars at the end of the year" Quote: "...while noting that the inflation rate rose 10 times due to the change in the exchange rate." Article 2: "Oil pushes Iraq's cash reserves to a historic high" Quote: "The country's reserves have reached the highest level achieved by the central bank since 2003,..gold reserves exceeded 130.4 tons, worth $7 billion, bringing Iraq to the thirtieth place globally and fourth in the Arab world..."
9-15-2022 Intel Guru MarkZ [via PDK] Regarding the new $5 dinar note…there is a 1981 note that looks very similar. The old notes have a watermark and the new notes have security features and a holographic watermark...
I have been deep diving on this with other people around the globe to make sure we give accurate information. I am certain these are new notes being talked about.
9-15-2022 Intel Guru Bruce [via WiserNow] Iraq, who has brought out their new Iraqi dinar and we had three confirmations all from Iraq, that they have been using that new currency and exchanging Iraqi dinar since Sunday in the Middle East...the term for the new Iraqi dinar in the Middle East is the “Golden Dinar”. That is the currency that is going to be used between all of the Middle Eastern countries as sort of the go to currency for the Middle East, doesn't mean the other countries won't have their own currencies - But the golden dinar is recognized as so strong, that it's going to be used as a currency.
9-15-2022 Intel Guru Frank26 A picture of a five Iraqi dinar. Everybody's saying, 'Look there's a new small category note. There is no zeros on there. That's a five.' All you have to do is look at the batch number. Blow it up and you can see the batch number and then you'll know exactly those are from the Saddam/Swiss era...
9-15-2022 Newshound Guru Pimpy [Response to Guru Nader's 5 dinar note video below...] Let's take a look at it...this is a bill...As a collector this is exactly how I'd love to see it - Nice, flat, crisp, centered, no marks, no folds, nothing and a protector just like this. But that's just it. It's a collectable people. This is from the 1980s. This is not a new bill...(See eBay - Iraq P-70 5 dinars year 1980 Waterfall Uncirculated Banknote )...it's a beautiful note. I like the colors but sorry people that is not a new banknote... [Post 2 of 2]
9-15-2022 Newshound Guru Pimpy [Response to Guru Nader's 5 dinar note video shown below] And the crowd goes wild! Apparently a new lower denominated dinar is flying around the dinar community. People are celebrating...If indeed the central bank was issuing five dinar bills well then that would mean the dinar exchange rate would have to be up there high enough to give us some type of value. Who knows maybe...1 dinar for 1 U.S. dollar. Maybe 2 U.S. dollars for 1 dinar...if a lower denomination was indeed issued then that would mean that a rate change is coming and that's what everybody's excited about... [Post 1 of 2]
9-15-2022 Guru Nader From The Mid East I just published a video with...the 5 dinar banknote. [see video below] But I don't know if it's the real thing or not. I have no idea. The guy took the video and sent it to me. I was excited to see it...and I wanted everybody to see it...the only thing he said, the new notes will not be out before 2023. We'll see what's going on. He's my friend. He's from Iraq. He works in a bank... [Note: Previous guru posts are below the video...]
9-15-2022 Intel/Newshound Guru RVAlready Interesting situation. Sounds more and more that UN will force an agreement for the good of Iraq.
9-14-2022 Newshound Guru Pimpy Article: "America reveals the meeting of 11 embassies to support Iraq" This is the international community coming together to do what they can to squash the issue going on in Iraq. I'm going to be curious to see who it is they support whether it is a Sadrist movement who...wants to make sure that the country is ran by the people. Or are they going to support somebody like Maliki, a corrupt government, which is actually who the New World Order likes to have in power because they're easy to control...
9-14-2022 Intel Guru Bruce [via WiserNow] ...it looks like they're trying to get to...where we get our notifications and our start of exchanges...I'm gonna say any day, we've been told by some sources it's so close. It's extremely close...We know the exchanges are already happening on dinar and other parts of the world - and it's just up to us to get started next... So...I'm pretty excited about all that...so let's see what happens...
9-14-2022 Intel Guru Frank26 Article: "Al-Sadr warns that the crowd and the "brigades" will take over the security of the Arbaeen visit: the consequences may not be dire if this is done" This is the second example you've seen where the leaders of Iraq are preparing the Iraqi citizens for the 17th... [See Guru Frank's post for 9-12-2021 below]
9-14-2022 Newshound Guru Clare Article: "A government advisor clarifies the possibility of submitting a law proposal that includes a financial aspect" Quote: "We expect the reserve to reach 100 billion if oil prices remain high until the end of the year," explaining that "this figure will support the stability of the Iraqi currency."
9-14-2022 Newshound Guru Breitling If you look at the news for the average person in Iraq it's horrible for them because it's back and forth between the Sunni and Shia. But you and I are not watching what's going on socially in Iraq. That does not dictate how they're going to expand their markets...
9-14-2022 Guru Nader From The Mid East They know Kazemi and Seleh they're gonna stay in power at least for another year.
9-14-2022 Newshound Guru Samson Articles: 1. "A major diplomatic meeting at the US Embassy in Baghdad...and revealed its goals" 2. "America reveals the meeting of 11 embassies to support Iraq" Quote: "We support economic reform and a strong private sector that creates more job opportunities for the Iraqi people, more investment opportunities, and a prosperous Iraq,..."
9-14-2022 Intel Guru MarkZ [via PDK] ...The news is giving us clear indicators that the necessity is now for a reset. Not weeks from now…not months from now…not years from now…but days at the most…the news all over the world is pointing to this happening at “any moment” ...but there is very little to nothing coming out of Iraq and redemption centers…
9-14-2022 Newshound Guru Pimpy Article: "The governor of the Central Bank Discusses With The European Union The File of The Iraqi Economy" Quote: "The ambassador of the European Union praised the efforts of the central bank to remove Iraq from the European list of high-risk countries..." So they're still on the list and we will see articles from time to time in which Iraq is doing all the steps necessary to make sure they're removed from the list...
9-14-2022 Intel Guru Frank26 Article: "Central Bank Governor: The value of the dinar is stable, and we are in the process of raising Iraq from the high-risk counties" Behold the birth of the international stable Iraqi dinar...what does it say that I love so much? The governor of the Central Bank of Iraq tells the citizens of Iraq "Work is currently underway with a number of sober International banks to create the necessary ground for banking cooperation with Iraqi banks" ...this is amazing!
9-14-2022 Newshound/Intel Guru Mnt Goat So as foreign investors in the Iraqi dinar we sit and we wait to see what happens in the conclusion of this ongoing election saga. ...you can clearly see that it is Nori al-Maliki who is keeping the issue of the president and the prime minister unresolved. He is the key to settling this election... He is the bottleneck...The World Bank tells us it is ready to support the reforms as in the White Paper. We know what this means but Iraq needs a government to do move ahead.
9-14-2022 Intel Guru Bruce [via WiserNow] ...it looks like they're trying to get to...where we get our notifications and our start of exchanges...I'm gonna say any day, we've been told by some sources it's so close. It's extremely close...We know the exchanges are already happening on dinar and other parts of the world - and it's just up to us to get started next... So...I'm pretty excited about all that...so let's see what happens...
9-14-2022 Intel Guru Frank26 Article: "Al-Sadr warns that the crowd and the "brigades" will take over the security of the Arbaeen visit: the consequences may not be dire if this is done" This is the second example you've seen where the leaders of Iraq are preparing the Iraqi citizens for the 17th... [See Guru Frank's post for 9-12-2021 below]
9-14-2022 Newshound Guru Clare Article: "A government advisor clarifies the possibility of submitting a law proposal that includes a financial aspect" Quote: "We expect the reserve to reach 100 billion if oil prices remain high until the end of the year," explaining that "this figure will support the stability of the Iraqi currency."
9-14-2022 Newshound Guru Breitling If you look at the news for the average person in Iraq it's horrible for them because it's back and forth between the Sunni and Shia. But you and I are not watching what's going on socially in Iraq. That does not dictate how they're going to expand their markets...
9-14-2022 Guru Nader From The Mid East They know Kazemi and Seleh they're gonna stay in power at least for another year.
9-14-2022 Newshound Guru Samson Articles: 1. "A major diplomatic meeting at the US Embassy in Baghdad...and revealed its goals" 2. "America reveals the meeting of 11 embassies to support Iraq" Quote: "We support economic reform and a strong private sector that creates more job opportunities for the Iraqi people, more investment opportunities, and a prosperous Iraq,..."
9-14-2022 Intel Guru MarkZ [via PDK] ...The news is giving us clear indicators that the necessity is now for a reset. Not weeks from now…not months from now…not years from now…but days at the most…the news all over the world is pointing to this happening at “any moment” ...but there is very little to nothing coming out of Iraq and redemption centers…
9-14-2022 Newshound Guru Pimpy Article: "The governor of the Central Bank Discusses With The European Union The File of The Iraqi Economy" Quote: "The ambassador of the European Union praised the efforts of the central bank to remove Iraq from the European list of high-risk countries..." So they're still on the list and we will see articles from time to time in which Iraq is doing all the steps necessary to make sure they're removed from the list...
9-14-2022 Intel Guru Frank26 Article: "Central Bank Governor: The value of the dinar is stable, and we are in the process of raising Iraq from the high-risk counties" Behold the birth of the international stable Iraqi dinar...what does it say that I love so much? The governor of the Central Bank of Iraq tells the citizens of Iraq "Work is currently underway with a number of sober International banks to create the necessary ground for banking cooperation with Iraqi banks" ...this is amazing!
9-14-2022 Newshound/Intel Guru Mnt Goat So as foreign investors in the Iraqi dinar we sit and we wait to see what happens in the conclusion of this ongoing election saga. ...you can clearly see that it is Nori al-Maliki who is keeping the issue of the president and the prime minister unresolved. He is the key to settling this election... He is the bottleneck...The World Bank tells us it is ready to support the reforms as in the White Paper. We know what this means but Iraq needs a government to do move ahead.
9-13-2022 Intel Guru Frank26 Article: "Barzani's party reveals an international move to stop the possible armed conflict after the forty" Who told you about the 17th? ...Is there anybody that talks about the 17th? No. [Frank26's boots on the ground contract reported last week that Sadr warned if the parliament was not dissolved by the 17th it would be doomsday - See Frank's post 9-9-2022] ...I don't think we're going to have the conflict that we're looking for on the 17th going into the 18th.
9-13-2022 Guru Nader From The Mid East Next week they'll come out and say, 'Hey the reserve it's at 90-95 billion now.' Be ready for that too. The gold is going to go up by next week too...
9-13-2022 Newshound Guru Breitling You've got to get it out of your head that there's a group in Iraq somewhere that doesn't want them to revalue their currency...which countries would not want Iraq to get into the Swift system? That would be Russia and China. So if there's any negative news I haven't seen any of it. The dinar crowd is so small, Russia and China hasn't put any effort or money into degrading Iraq's chances...
9-13-2022 Intel Guru MarkZ [via PDK] [Nader said European banks are about to begin receiving and exchanging the dinar…. When will the US start?] [reference Guru Nader From The Mid East post 9-12-2022 below.] Remember this does not mean the value has changed yet…just that these are banks that previously would not deal with the Iraqi dinar at all…now will… Which means the dinar is still at the same value it is today…waiting on the rate to change. But, that they are accepting it now is huge progress…but does not mean they are exchanging in Europe for a higher value…yet. They have to be able to accept and exchange it when the time comes…so its still good news.
9-13-2022 Newshound Guru Kaperoni If the Iraqi dinar is ever going to go up in value, it's going to take a lot of work for Iraq. The formation of a government, passing of laws through parliament and encouragement of investment in order to diversify their economy away from oil.
9-13-2022 Newshound Guru Sandy Ingram Article: "Governor of the Central Bank: The value of the dinar is stable and we are in the process or raising Iraq from high-risk countries" This story was on the front page of a major news portal in Iraq...the bank is in the process of raising Iraq from high-risk countries according to the classification or the European Union...I am not sure what that statement means but...it looks like Iraq is sending a message...everything is okay...
9-13-2022 Newshound Guru Pimpy Now you can't get a budget. You haven't formed a government. You're on the brink of civil war. Although Iraq is benefiting from high oil prices - They continue to increase their federal reserves at the same time increasing their gold holdings which are both very good but again you still have a major obstacle right here in your way...the government...I know this is a rough ride but it will end one way or the other... [Post 2 of 2]
9-13-2022 Newshound Guru Pimpy Until this [Seated government] mess gets cleared up you're not going to see any real changes to the Iraqi dinar. I know people don't want to hear that...how are you going to change the value of the Iraqi dinar when you're too reliant on oil to provide 95% of your government budget. That hasn't changed. They were well on their way of starting to build the private and public sectors until this mess happened. [Post 1 of 2....stay tuned]
9-13-2022 Intel Guru MarkZ [via PDK] Many more reports tier 3...folks getting paid, but I still don’t have somebody that I feel comfortable telling all you guys that 100% they have spendable money yet. But we are still getting multiple reports on that front. We continue to hear very positive things out of Iraq. Article: “The Governor of the Central Bank discusses with the European Union the file of the Iraqi economy” We continue to see open negotiations with Iraq and many countries around the world about changing that rate value and economic reforms. We don’t know the timing but we are close…on the precipice.
9-13-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor is on the news saying all is well and Iraq has new plans and meeting with the European Union went very good. FRANK: All the telltale signs are there. You can read the writing on the wall...notice how they focus on the reforms and they ignore the political non-sense. That's what the CBI governor just did...
9-13-2022 Newshound Guru Samson Article: "Central Bank Governor: The value of the dinar is stable, and we are in the process of raising Iraq from the high-risk countries" Quote: "...the bank is in the process of raising Iraq from the “high-risk” countries according to the European Union classification, pointing to maintaining the stability of the value of the dinar “significantly."
9-13-2022 Intel Guru MarkZ [via PDK] We have some key things happening in Iraq. “The World Bank is ready to support economic reforms in Iraq” This one is important and it goes along with a couple things we have seen. What are part of the reforms? A different value.
9-13-2022 Guru Nader From The Mid East Next week they'll come out and say, 'Hey the reserve it's at 90-95 billion now.' Be ready for that too. The gold is going to go up by next week too...
9-13-2022 Newshound Guru Breitling You've got to get it out of your head that there's a group in Iraq somewhere that doesn't want them to revalue their currency...which countries would not want Iraq to get into the Swift system? That would be Russia and China. So if there's any negative news I haven't seen any of it. The dinar crowd is so small, Russia and China hasn't put any effort or money into degrading Iraq's chances...
9-13-2022 Intel Guru MarkZ [via PDK] [Nader said European banks are about to begin receiving and exchanging the dinar…. When will the US start?] [reference Guru Nader From The Mid East post 9-12-2022 below.] Remember this does not mean the value has changed yet…just that these are banks that previously would not deal with the Iraqi dinar at all…now will… Which means the dinar is still at the same value it is today…waiting on the rate to change. But, that they are accepting it now is huge progress…but does not mean they are exchanging in Europe for a higher value…yet. They have to be able to accept and exchange it when the time comes…so its still good news.
9-13-2022 Newshound Guru Kaperoni If the Iraqi dinar is ever going to go up in value, it's going to take a lot of work for Iraq. The formation of a government, passing of laws through parliament and encouragement of investment in order to diversify their economy away from oil.
9-13-2022 Newshound Guru Sandy Ingram Article: "Governor of the Central Bank: The value of the dinar is stable and we are in the process or raising Iraq from high-risk countries" This story was on the front page of a major news portal in Iraq...the bank is in the process of raising Iraq from high-risk countries according to the classification or the European Union...I am not sure what that statement means but...it looks like Iraq is sending a message...everything is okay...
9-13-2022 Newshound Guru Pimpy Now you can't get a budget. You haven't formed a government. You're on the brink of civil war. Although Iraq is benefiting from high oil prices - They continue to increase their federal reserves at the same time increasing their gold holdings which are both very good but again you still have a major obstacle right here in your way...the government...I know this is a rough ride but it will end one way or the other... [Post 2 of 2]
9-13-2022 Newshound Guru Pimpy Until this [Seated government] mess gets cleared up you're not going to see any real changes to the Iraqi dinar. I know people don't want to hear that...how are you going to change the value of the Iraqi dinar when you're too reliant on oil to provide 95% of your government budget. That hasn't changed. They were well on their way of starting to build the private and public sectors until this mess happened. [Post 1 of 2....stay tuned]
9-13-2022 Intel Guru MarkZ [via PDK] Many more reports tier 3...folks getting paid, but I still don’t have somebody that I feel comfortable telling all you guys that 100% they have spendable money yet. But we are still getting multiple reports on that front. We continue to hear very positive things out of Iraq. Article: “The Governor of the Central Bank discusses with the European Union the file of the Iraqi economy” We continue to see open negotiations with Iraq and many countries around the world about changing that rate value and economic reforms. We don’t know the timing but we are close…on the precipice.
9-13-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor is on the news saying all is well and Iraq has new plans and meeting with the European Union went very good. FRANK: All the telltale signs are there. You can read the writing on the wall...notice how they focus on the reforms and they ignore the political non-sense. That's what the CBI governor just did...
9-13-2022 Newshound Guru Samson Article: "Central Bank Governor: The value of the dinar is stable, and we are in the process of raising Iraq from the high-risk countries" Quote: "...the bank is in the process of raising Iraq from the “high-risk” countries according to the European Union classification, pointing to maintaining the stability of the value of the dinar “significantly."
9-13-2022 Intel Guru MarkZ [via PDK] We have some key things happening in Iraq. “The World Bank is ready to support economic reforms in Iraq” This one is important and it goes along with a couple things we have seen. What are part of the reforms? A different value.
9-12-2022 Newshound Guru Pimpy Article: "Iraqi gold reserves rise to 131 tons" We're seeing Iraq increase their gold holdings more and more. This only strengthens the currency...it's nice to see Iraq increase their reserves. It's nice to see Iraq increase their gold holdings. Both do a great job of strengthening the Iraqi dinar so that when they finally go to make the exchange rate change they will be protected. But until that country is stable that's not going to happen.
9-12-2022 Intel Guru MarkZ [via PDK] Today you saw Nader talk about banks in Europe accepting dinar... [reference Guru Nader post 9-12-22] Why is this important? It is important because this is a mechanism they will need in order to take it when the value changes. This is really big and this is what we are watching start in Europe. I am guessing we will see the same thing in the US in the next day or two. When you used to ask your bank “Do you have Iraqi dinar” and they would say “no –we don’t deal with that at all” That is what is changing and that is big. Even though the value hasn’t changed yet…it’s a step toward that. They need to change policies first and then the value changes…that is what we are watching.
9-12-2022 Newshound Guru Sandy Ingram Article: "Roads, border jammed as millions of Iranian pilgrims head to Iraq" We are learning that tourism is providing a vast amount of income for Iraq...
9-12-2022 Intel Guru Frank26 I told you our government is roaming the surface of all 50 states looking to devour you. Whatever it takes. Women, children, grand parents, grand old people doesn't matter. This is a monster machine that is going to be released...you got to get ready. You think winning the lottery is easy? It's the most stressful thing you could ever go through... you need to be ready because they're coming after you to destroy you. You don't think they know about Iraq? You don't think they know how many citizens of America have dinars? ... they got 80,000 [New IRS agents] to go after you... [Note: Consult your tax professionals to determine your taxes based on your unique circumstances.]
9-12-2022 Newshound Guru Samson Article: "The highest since 2003.. the Iraqi Central announces a rise in foreign reserves" Quote: "its foreign reserves have reached more than (85) billion US dollars, which is the highest level achieved by the Central Bank since 2003...Gold reserves also with the Central Bank exceeded (130.4) tons, with a value of (7) billion dollars, bringing Iraq to the thirtieth place globally and fourth in the Arab world."
9-12-2022 Intel Guru MarkZ [via PDK] I do not have a positive confirmation yet though. I am hearing it from multiple sources...So far I am getting is folks saying they can’t tell me…they are under an NDA...it is going to be minute to minute over the next couple of days as we try to determine what is moving and what is not moving. I think it’s exciting though that we are getting this many reports...this is getting fun because the chatter is unreal. [post 2 of 2]
9-12-2022 Intel Guru MarkZ [via PDK] Iraq continues to progress...We are getting reports...that they have started paying out some deals with Iraqi dinar...this morning in Europe...They could be pre-buys....aggregators that are grabbing them up …saying (example) I will give you $3.61 (example) because they know it could be over $4 (example) then the aggregators make more profit when it resets…So it could be something like that…to me that is most likely what we are seeing…Those deals are perfectly legal... [post 1 of 2....stay tuned]
9-12-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] One of the two gentlemen are staying permanently. He is looking for a house to buy in the state where he is putting his [CBI satellite] bank...These two gentlemen are not unique. There are IMO at least 10 more gentlemen doing the same thing with other nations' banks... there are going to be many blessed Iraqis abroad.
9-12-2022 Guru Nader From The Mid East I don't know if you saw the news this morning...they start exchanging money with the European countries. That mean you can walk to France or Germany or Italy, any European country and exchange your dinar. The bank in Europe soon will be accepting it. If they come out with this news 'we plan to develop something with European Union.' That means they already did it and they're just waiting for the execution...
9-12-2022 Newshound Guru Pimpy Article: "Kushner: Al-Abadi asked for US protection in exchange for money" I don't know how to even digest what is going said here...Kushner this is Donald Trump's son-in-law...and advisor..."revealed in his memoirs Breaking History...they could get 20% of Iraq's oil revenues in exchange for providing military support to Iraq but the Ministry of Foreign Affairs and Defense prevented that..." ....
9-12-2022 Intel Guru MarkZ [via PDK] Today you saw Nader talk about banks in Europe accepting dinar... [reference Guru Nader post 9-12-22] Why is this important? It is important because this is a mechanism they will need in order to take it when the value changes. This is really big and this is what we are watching start in Europe. I am guessing we will see the same thing in the US in the next day or two. When you used to ask your bank “Do you have Iraqi dinar” and they would say “no –we don’t deal with that at all” That is what is changing and that is big. Even though the value hasn’t changed yet…it’s a step toward that. They need to change policies first and then the value changes…that is what we are watching.
9-12-2022 Newshound Guru Sandy Ingram Article: "Roads, border jammed as millions of Iranian pilgrims head to Iraq" We are learning that tourism is providing a vast amount of income for Iraq...
9-12-2022 Intel Guru Frank26 I told you our government is roaming the surface of all 50 states looking to devour you. Whatever it takes. Women, children, grand parents, grand old people doesn't matter. This is a monster machine that is going to be released...you got to get ready. You think winning the lottery is easy? It's the most stressful thing you could ever go through... you need to be ready because they're coming after you to destroy you. You don't think they know about Iraq? You don't think they know how many citizens of America have dinars? ... they got 80,000 [New IRS agents] to go after you... [Note: Consult your tax professionals to determine your taxes based on your unique circumstances.]
9-12-2022 Newshound Guru Samson Article: "The highest since 2003.. the Iraqi Central announces a rise in foreign reserves" Quote: "its foreign reserves have reached more than (85) billion US dollars, which is the highest level achieved by the Central Bank since 2003...Gold reserves also with the Central Bank exceeded (130.4) tons, with a value of (7) billion dollars, bringing Iraq to the thirtieth place globally and fourth in the Arab world."
9-12-2022 Intel Guru MarkZ [via PDK] I do not have a positive confirmation yet though. I am hearing it from multiple sources...So far I am getting is folks saying they can’t tell me…they are under an NDA...it is going to be minute to minute over the next couple of days as we try to determine what is moving and what is not moving. I think it’s exciting though that we are getting this many reports...this is getting fun because the chatter is unreal. [post 2 of 2]
9-12-2022 Intel Guru MarkZ [via PDK] Iraq continues to progress...We are getting reports...that they have started paying out some deals with Iraqi dinar...this morning in Europe...They could be pre-buys....aggregators that are grabbing them up …saying (example) I will give you $3.61 (example) because they know it could be over $4 (example) then the aggregators make more profit when it resets…So it could be something like that…to me that is most likely what we are seeing…Those deals are perfectly legal... [post 1 of 2....stay tuned]
9-12-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] One of the two gentlemen are staying permanently. He is looking for a house to buy in the state where he is putting his [CBI satellite] bank...These two gentlemen are not unique. There are IMO at least 10 more gentlemen doing the same thing with other nations' banks... there are going to be many blessed Iraqis abroad.
9-12-2022 Guru Nader From The Mid East I don't know if you saw the news this morning...they start exchanging money with the European countries. That mean you can walk to France or Germany or Italy, any European country and exchange your dinar. The bank in Europe soon will be accepting it. If they come out with this news 'we plan to develop something with European Union.' That means they already did it and they're just waiting for the execution...
9-12-2022 Newshound Guru Pimpy Article: "Kushner: Al-Abadi asked for US protection in exchange for money" I don't know how to even digest what is going said here...Kushner this is Donald Trump's son-in-law...and advisor..."revealed in his memoirs Breaking History...they could get 20% of Iraq's oil revenues in exchange for providing military support to Iraq but the Ministry of Foreign Affairs and Defense prevented that..." ....
9-11-2022 Intel Guru Frank26 And you say to them, 'I'd like to convert thees 3-zero Iraqi notes into American dollar please.' - 'Oh, we can do that! That's what we're here for.' Once they take your 3-zero notes where will the satellite bank of Iraq send those 3-zero notes? It goes to the Central Bank of Iraq. It goes to their reserves. It goes to their treasury. It does not go the US Treasury because it is not an American bank. [Post 2 of 2]
9-11-2022 Intel Guru Frank26 [Exchange Example] If you as an American citizen go to Bank of America and they exchange your 3 zero Iraqi notes for American dollars into your account where does the BOA put your 3-zero notes they just exchanged? Where does it go? The treasury. Let's say you go into one of those [CBI] satellite banks for Iraq here in one of the continental states... [Post 1 of 2]
9-11-2022 Newshound Guru Militiaman ...We all know that the IQD will likely fall within a basket at the AMF...The BUNA article today supports that within 2-3 weeks there will be more currencies going on-line with it...Once the IQD with an international calculation is applied and it is 100% IMF Article VIII compliant and placed into the basket...that value will be reflected in the balance sheets of the the other countries that have IQD...
9-11-2022 Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Can you deposit both American dollars and Iraqi dinar in those [CBI 'Satellite' US] banks? No. I told you they're under American banking laws. You can't have dual currencies in one account in an American bank.
9-11-2022 Newshound Guru Sandy Ingram It appears the US is on the hook for returning Iraq to its previous status of glory. Yet there are factions in Iraq working against Iraq's status as an independent nation... U.S. assistant Secretary of State for middle eastern affairs Barbara Leaf...did fly into Baghdad to meet with the Prime Minister of Iraq.... [Post 2 of 2]
9-11-2022 Newshound Guru Sandy Ingram Here's what you may want to understand as an Iraqi dinar investor. There is an official on the books agreement signed between the United States government and the Iraqi government...it went into effect Jan 1, 2009. This agreement surrounds the process by which Iraq is to recover its full sovereignty. [Post 1 of 2....stay tuned]
9-11-2022 Newshound/Intel Guru Breitling The Shia aren't against that. The Sunni aren't against that. They're just trying to find out who is going to control it...the turmoil going on in Iraq is not a threat to them adding value to the Iraqi dinar because...what they want to be able to do is expand their market. To expand it they need to be able to have more customers. How do you have more customers? You got to have a payment system and that payment system is the Swift system. That is what Iraq is concentrating on. They haven't gone backwards they've only gone forwards. [Post 2 of 2]
9-11-2022 Newshound/Intel Guru Breitling Iraq is trying to expand their markets. How do we know Iraq is trying to expand their markets and they're pro west? ...they're trying to become Swift compliant. That means they'll have access to western markets...It only makes sense to become swift compliant if you have your own currency with value behind it...What does that technically mean? It means Iraq has their own currency... [Post 1 of 2....stay tuned]
9-11-2022 Newshound Guru Pimpy This stalemate seems to have no end in sight. You keep seeing articles where they're saying Sadr alliance group wants to go ahead and form the government and then in other articles they say they're not budging. They keep saying they're going to apply the constitution but the constitution...has caused this deadlock...Sadr said he and his block would retire for one purpose and one purpose only and that would be to dissolve the parliament...
9-11-2022 Newshound Guru Samson [Behind the curtain report] Article: "Kushner: Al-Abadi asked for US protection in exchange for money" Quote: "Jared Kushner, revealed that former Iraqi Prime Minister Haider al-Abadi expressed, in a meeting between them, during a visit to Iraq...his willingness to "give some money in exchange for protection that provided by the United States,”...Kushner revealed in his memoir “Breaking History,” which was released in late August, that they could “get 20% of Iraqi oil revenues, in exchange for providing military support to Iraq,” but the Ministries of Foreign Affairs and Defense prevented that."
9-11-2022 Intel Guru Michael Cottrell [via PDK] I have been hearing things from the military side...that is very exciting but, I am cautious. I have seen this before. I am trying not to get overly excited.
9-11-2022 Intel Guru Frank26 [Exchange Example] If you as an American citizen go to Bank of America and they exchange your 3 zero Iraqi notes for American dollars into your account where does the BOA put your 3-zero notes they just exchanged? Where does it go? The treasury. Let's say you go into one of those [CBI] satellite banks for Iraq here in one of the continental states... [Post 1 of 2]
9-11-2022 Newshound Guru Militiaman ...We all know that the IQD will likely fall within a basket at the AMF...The BUNA article today supports that within 2-3 weeks there will be more currencies going on-line with it...Once the IQD with an international calculation is applied and it is 100% IMF Article VIII compliant and placed into the basket...that value will be reflected in the balance sheets of the the other countries that have IQD...
9-11-2022 Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Can you deposit both American dollars and Iraqi dinar in those [CBI 'Satellite' US] banks? No. I told you they're under American banking laws. You can't have dual currencies in one account in an American bank.
9-11-2022 Newshound Guru Sandy Ingram It appears the US is on the hook for returning Iraq to its previous status of glory. Yet there are factions in Iraq working against Iraq's status as an independent nation... U.S. assistant Secretary of State for middle eastern affairs Barbara Leaf...did fly into Baghdad to meet with the Prime Minister of Iraq.... [Post 2 of 2]
9-11-2022 Newshound Guru Sandy Ingram Here's what you may want to understand as an Iraqi dinar investor. There is an official on the books agreement signed between the United States government and the Iraqi government...it went into effect Jan 1, 2009. This agreement surrounds the process by which Iraq is to recover its full sovereignty. [Post 1 of 2....stay tuned]
9-11-2022 Newshound/Intel Guru Breitling The Shia aren't against that. The Sunni aren't against that. They're just trying to find out who is going to control it...the turmoil going on in Iraq is not a threat to them adding value to the Iraqi dinar because...what they want to be able to do is expand their market. To expand it they need to be able to have more customers. How do you have more customers? You got to have a payment system and that payment system is the Swift system. That is what Iraq is concentrating on. They haven't gone backwards they've only gone forwards. [Post 2 of 2]
9-11-2022 Newshound/Intel Guru Breitling Iraq is trying to expand their markets. How do we know Iraq is trying to expand their markets and they're pro west? ...they're trying to become Swift compliant. That means they'll have access to western markets...It only makes sense to become swift compliant if you have your own currency with value behind it...What does that technically mean? It means Iraq has their own currency... [Post 1 of 2....stay tuned]
9-11-2022 Newshound Guru Pimpy This stalemate seems to have no end in sight. You keep seeing articles where they're saying Sadr alliance group wants to go ahead and form the government and then in other articles they say they're not budging. They keep saying they're going to apply the constitution but the constitution...has caused this deadlock...Sadr said he and his block would retire for one purpose and one purpose only and that would be to dissolve the parliament...
9-11-2022 Newshound Guru Samson [Behind the curtain report] Article: "Kushner: Al-Abadi asked for US protection in exchange for money" Quote: "Jared Kushner, revealed that former Iraqi Prime Minister Haider al-Abadi expressed, in a meeting between them, during a visit to Iraq...his willingness to "give some money in exchange for protection that provided by the United States,”...Kushner revealed in his memoir “Breaking History,” which was released in late August, that they could “get 20% of Iraqi oil revenues, in exchange for providing military support to Iraq,” but the Ministries of Foreign Affairs and Defense prevented that."
9-11-2022 Intel Guru Michael Cottrell [via PDK] I have been hearing things from the military side...that is very exciting but, I am cautious. I have seen this before. I am trying not to get overly excited.
9-10-2022 Newshound Guru Kaperoni The currency of Iraq the dinar is not a lottery ticket or some arbitrary value. It's based on the economic growth, GDP of the country. You don't change the exchange rate before economic success, you change the exchange rate as a result of economic success.
9-10-2022 Newshound Guru Pimpy I've been evaluating the situation in Iraq and it is a lot worse than we know. It's not just a matter of getting a government formed...there are other things that I see that are extremely positive things that I see that can definitely benefit the Iraqi dinar. It's really sad to see both. The one side of great things happening, things that I think are major steps towards increasing the value of the Iraqi dinar. Then there's a sad part of this and that is really dark shadows moving in and around Iraq...
9-10-2022 Newshound Guru Sandy Ingram Article "Iraq powers agree to work towards snap elections following unrest" Why is this breaking news and what does it have to do with our over 1 million Iraqi dinars I have buried in the backyard? The answer is this. Whoever in in power can either help or hurt the efforts for a revalue, float or whatever Iraq is going to do...Here's what came out of the meeting. They agreed to for a technical committee...with the aim of reaching early elections.
9-10-2022 Newshound Guru Samson Article: "Iraq maintains its 30th rank in the list of major gold hoarders" Quote: "Iraq maintained its global position after it rose 10 ranks last month after purchasing 34 tons of gold to rank 30 out of 100 countries listed in the table with the largest gold reserves, reaching 130.4 tons of gold, which represents 9.5% of the rest of its other reserves."
9-10-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have been without for so long I bet over 50% of the citizens here in Iraq don't even remember the importance of a rate like one to one. It would mean nothing to them until it is explained...everyone here just want 'enough'. To live. To pay bills. To have electricity. To have phones. To make it for their families...Many are calling for a change...We need the international rate change to live to top of expectations. FRANK: I agree...you're going to get there. Sadly you're going through a process that takes time to get there...
9-10-2022 Intel Guru MarkZ [via PDK] I spoke to a number of whales involved in tier 3 and 4a. Man, are they getting leaned on to stay quiet. [WHALES HAVE VERY, VERY LARGE AMOUNTS OF BONDS AND/OR CURRENCY] But my contacts believe that within the next 7-10 days they will be home with spendable money in their pockets. I am hopeful this is accurate because they are very adamant that this is going to be their timing.
9-10-2022 Newshound Guru Militiaman Then we now see...if they are illegitimated then there is no need to return to Parliament, thus, they...would be automatically dissolved. By that, it is seemingly done already and we may just be waiting on a formal announcement...from Kahdimi. He will likely inform everyone about his position and declare a time frame for early elections. I like where we are and what we are seeing. With that done in accordance with the constitution, they'll have legitimacy in the eyes of the region and globally. [Post 2 of 2]
9-10-2022 Newshound Guru Militiaman ...The court has made recommendation to dissolve parliament. They told us that since the HOR was in violation of exceeding the constitutional periods, (For over 10 months.) they would be illegitimate in anything they do except one item, and that is dissolution of the HOR. They mention there was an apparent agreement that took place behind closed doors and it was to dissolve parliament. [Post 1 of 2....stay tuned]
9-10-2022 Newshound/Intel Guru Mnt Goat The concern I have about all this confusion in Iraq is the part about the White Paper...They do not have any funding. They still have the corruption in place with the Iranian puppet politicians and they certainly do not have a functional government either to go forward with many of them...Basically, Iraq needs a functional government to move forward... So any talk about an RV...is all nonsense at this point... The best we can target is January 2023 as this is always on the radar of the CBI...
9-10-2022 Intel Guru Michael Cottrell [via PDK] [People have been asking for a good explanations on the tiers?] There are no tiers... There is no such thing in the Gold Treaty. There are 4 levels. The levels deal with who gets paid first. Countries, institutions, groups. I am at the end of level 3. Once I put the codes in then everyone receives their funds at the same time.
9-10-2022 Newshound Guru Pimpy I've been evaluating the situation in Iraq and it is a lot worse than we know. It's not just a matter of getting a government formed...there are other things that I see that are extremely positive things that I see that can definitely benefit the Iraqi dinar. It's really sad to see both. The one side of great things happening, things that I think are major steps towards increasing the value of the Iraqi dinar. Then there's a sad part of this and that is really dark shadows moving in and around Iraq...
9-10-2022 Newshound Guru Sandy Ingram Article "Iraq powers agree to work towards snap elections following unrest" Why is this breaking news and what does it have to do with our over 1 million Iraqi dinars I have buried in the backyard? The answer is this. Whoever in in power can either help or hurt the efforts for a revalue, float or whatever Iraq is going to do...Here's what came out of the meeting. They agreed to for a technical committee...with the aim of reaching early elections.
9-10-2022 Newshound Guru Samson Article: "Iraq maintains its 30th rank in the list of major gold hoarders" Quote: "Iraq maintained its global position after it rose 10 ranks last month after purchasing 34 tons of gold to rank 30 out of 100 countries listed in the table with the largest gold reserves, reaching 130.4 tons of gold, which represents 9.5% of the rest of its other reserves."
9-10-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have been without for so long I bet over 50% of the citizens here in Iraq don't even remember the importance of a rate like one to one. It would mean nothing to them until it is explained...everyone here just want 'enough'. To live. To pay bills. To have electricity. To have phones. To make it for their families...Many are calling for a change...We need the international rate change to live to top of expectations. FRANK: I agree...you're going to get there. Sadly you're going through a process that takes time to get there...
9-10-2022 Intel Guru MarkZ [via PDK] I spoke to a number of whales involved in tier 3 and 4a. Man, are they getting leaned on to stay quiet. [WHALES HAVE VERY, VERY LARGE AMOUNTS OF BONDS AND/OR CURRENCY] But my contacts believe that within the next 7-10 days they will be home with spendable money in their pockets. I am hopeful this is accurate because they are very adamant that this is going to be their timing.
9-10-2022 Newshound Guru Militiaman Then we now see...if they are illegitimated then there is no need to return to Parliament, thus, they...would be automatically dissolved. By that, it is seemingly done already and we may just be waiting on a formal announcement...from Kahdimi. He will likely inform everyone about his position and declare a time frame for early elections. I like where we are and what we are seeing. With that done in accordance with the constitution, they'll have legitimacy in the eyes of the region and globally. [Post 2 of 2]
9-10-2022 Newshound Guru Militiaman ...The court has made recommendation to dissolve parliament. They told us that since the HOR was in violation of exceeding the constitutional periods, (For over 10 months.) they would be illegitimate in anything they do except one item, and that is dissolution of the HOR. They mention there was an apparent agreement that took place behind closed doors and it was to dissolve parliament. [Post 1 of 2....stay tuned]
9-10-2022 Newshound/Intel Guru Mnt Goat The concern I have about all this confusion in Iraq is the part about the White Paper...They do not have any funding. They still have the corruption in place with the Iranian puppet politicians and they certainly do not have a functional government either to go forward with many of them...Basically, Iraq needs a functional government to move forward... So any talk about an RV...is all nonsense at this point... The best we can target is January 2023 as this is always on the radar of the CBI...
9-10-2022 Intel Guru Michael Cottrell [via PDK] [People have been asking for a good explanations on the tiers?] There are no tiers... There is no such thing in the Gold Treaty. There are 4 levels. The levels deal with who gets paid first. Countries, institutions, groups. I am at the end of level 3. Once I put the codes in then everyone receives their funds at the same time.
9-9-2022 Intel Guru Frank26 Question: [Is Kazemi really coming to the Untied States or is that nonsense?] Kazemi has gone to many different countries that were against him to tell them, 'I am in control of my country. I am in charge of my country.' How many countries has Kazemi gone to? I love the fact that he's saving the best for last. I wish I was a fly on the wall when Kazemi talks to Biden.
9-9-2022 Intel Guru MarkZ [via PDK] It’s quiet on the RV front, but that’s not a negative thing. I got a couple more messages today of more people with NDA’s... I wish I had some overwhelming things to give you…but we are really close.
9-9-2022 Newshound Guru Samson Article: "Despite The Great Challenges ..Achieving Self-Sufficiency For 15 Crops In Iraq" Quote: "Despite the great challenges, Iraq has achieved self-sufficiency for 15 crops for vegetables, and approached self-sufficiency for animal products, especially poultry, by a large percentage,"
9-9-2022 Newshound Guru Pimpy If Al-Kazemi resigns I think that's it for Iraq. You're going to see them go to war with each other. The one person I think people feel pretty comfortable with is Al-Kazemi. If he leaves his position man that's just really bad news...
9-9-2022 Intel Guru Bruce [via WiserNow] Obviously we're looking forward for this to go...We think most of everything we can think of that had needed to happen...Before this goes from what we can tell it's happened. ...the green light from Treasury to Wells Fargo...Yep, it took place...we got confirmation of that...It's been a really good ride and I hope this is the end of it...let's see what develops...through the weekend, could be really a great time for us.
9-9-2022 Newshound Guru Walkingstick [via Frank26] The 17th is definitely a deadline but you have to understand something. The IMF required before they would lift the value of their currency that they had to clean their house. That was part of the many financial agreements that the CBI and the government made with the IMF... [Reference Guru Frank's Iraqi Boots on the Ground update below.]
9-9-2022 Intel Guru Michael Cottrell [via PDK] Question: “Can you explain why the death of the Queen is important for the RV to happen? It would seem that this is the end of the chapter and possibly the book on what has been going on for the last 70 years. And, it’s quite possible that this is the beginning on what’s going to occur –to force us to have the RV. However I still believe it will be in October…but possibly in Sept.
9-9-2022 Intel Guru Frank26 FRANK: Yeah, it sure is coming...We've got 10 days to go. Oh my goodness watch the bad guys...IMO they have a date for the reforms and they have to clean their government of Iran terror as quickly as possible. [post 2 of 2]
9-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The 17th was given for all government officials to resign. If they do not resign by the 17th then all thunder will be released... FRANK: ...a date was given by who?... FIREFLY: Sadr is the one saying we will bring thunder on the 17th if no dissolving of the government. It looks like doomsday is coming. [post 1 of 2....stay tuned]
9-9-2022 Intel Guru MarkZ [via PDK] All my military contacts and all of my DC contacts are downright ecstatic. I know people in groups getting phone calls from the NSA leaning on them to be quiet on timing. Lots of NDA’s rolling through for tier 3 and 4a whales. Nobody yet has any money, but they have not left their locations. Something is close. Everything seems to be coming together in a phenomenal “perfect storm” but we need to manage our expectations. But I am “tentatively” stinking excited though.
9-9-2022 Guru Nader From The Mid East [Corrupting roundup update] In Iraq to keep business going I have to pay every year. I'm not talking about taxes. I'm not talking about permits. I'm talking...you need to get a tax number you have to pay millions of dinars to get it. It doesn't go to the government, it goes to that person who has your papers...otherwise they will not sign them...You will never get your licenses or your tax number or anything like that and you would never start your business. That's what we've been finding out about it...A lot of people saying corruption is everywhere...but you have to have the balls to come out and say it...
9-9-2022 Newshound Guru Sandy Ingram Article: "Iraq's Supreme Court says it cannot dissolve parliament" This was a key demand by Shiite leader al-Sadr and his political block. The question is where will the political path lead next.
9-9-2022 Newshound/Intel Guru Mnt Goat On Wednesday...the Federal Supreme Court rejected, at its session, the lawsuit submitted by the Sadrist movement regarding the dissolution of the House of Representatives...It is good news...Basically, it is saying they threw the burden to the courts to decide...It will have to be the second constitutional means to dissolve it which is for Al-Kazemi and the president Saleh to do it. Why have they not yet done it? ...I believe they were waiting for the court to render it decision first. So, will they now act? We wait and see.
9-9-2022 Intel Guru MarkZ [via PDK] It’s quiet on the RV front, but that’s not a negative thing. I got a couple more messages today of more people with NDA’s... I wish I had some overwhelming things to give you…but we are really close.
9-9-2022 Newshound Guru Samson Article: "Despite The Great Challenges ..Achieving Self-Sufficiency For 15 Crops In Iraq" Quote: "Despite the great challenges, Iraq has achieved self-sufficiency for 15 crops for vegetables, and approached self-sufficiency for animal products, especially poultry, by a large percentage,"
9-9-2022 Newshound Guru Pimpy If Al-Kazemi resigns I think that's it for Iraq. You're going to see them go to war with each other. The one person I think people feel pretty comfortable with is Al-Kazemi. If he leaves his position man that's just really bad news...
9-9-2022 Intel Guru Bruce [via WiserNow] Obviously we're looking forward for this to go...We think most of everything we can think of that had needed to happen...Before this goes from what we can tell it's happened. ...the green light from Treasury to Wells Fargo...Yep, it took place...we got confirmation of that...It's been a really good ride and I hope this is the end of it...let's see what develops...through the weekend, could be really a great time for us.
9-9-2022 Newshound Guru Walkingstick [via Frank26] The 17th is definitely a deadline but you have to understand something. The IMF required before they would lift the value of their currency that they had to clean their house. That was part of the many financial agreements that the CBI and the government made with the IMF... [Reference Guru Frank's Iraqi Boots on the Ground update below.]
9-9-2022 Intel Guru Michael Cottrell [via PDK] Question: “Can you explain why the death of the Queen is important for the RV to happen? It would seem that this is the end of the chapter and possibly the book on what has been going on for the last 70 years. And, it’s quite possible that this is the beginning on what’s going to occur –to force us to have the RV. However I still believe it will be in October…but possibly in Sept.
9-9-2022 Intel Guru Frank26 FRANK: Yeah, it sure is coming...We've got 10 days to go. Oh my goodness watch the bad guys...IMO they have a date for the reforms and they have to clean their government of Iran terror as quickly as possible. [post 2 of 2]
9-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The 17th was given for all government officials to resign. If they do not resign by the 17th then all thunder will be released... FRANK: ...a date was given by who?... FIREFLY: Sadr is the one saying we will bring thunder on the 17th if no dissolving of the government. It looks like doomsday is coming. [post 1 of 2....stay tuned]
9-9-2022 Intel Guru MarkZ [via PDK] All my military contacts and all of my DC contacts are downright ecstatic. I know people in groups getting phone calls from the NSA leaning on them to be quiet on timing. Lots of NDA’s rolling through for tier 3 and 4a whales. Nobody yet has any money, but they have not left their locations. Something is close. Everything seems to be coming together in a phenomenal “perfect storm” but we need to manage our expectations. But I am “tentatively” stinking excited though.
9-9-2022 Guru Nader From The Mid East [Corrupting roundup update] In Iraq to keep business going I have to pay every year. I'm not talking about taxes. I'm not talking about permits. I'm talking...you need to get a tax number you have to pay millions of dinars to get it. It doesn't go to the government, it goes to that person who has your papers...otherwise they will not sign them...You will never get your licenses or your tax number or anything like that and you would never start your business. That's what we've been finding out about it...A lot of people saying corruption is everywhere...but you have to have the balls to come out and say it...
9-9-2022 Newshound Guru Sandy Ingram Article: "Iraq's Supreme Court says it cannot dissolve parliament" This was a key demand by Shiite leader al-Sadr and his political block. The question is where will the political path lead next.
9-9-2022 Newshound/Intel Guru Mnt Goat On Wednesday...the Federal Supreme Court rejected, at its session, the lawsuit submitted by the Sadrist movement regarding the dissolution of the House of Representatives...It is good news...Basically, it is saying they threw the burden to the courts to decide...It will have to be the second constitutional means to dissolve it which is for Al-Kazemi and the president Saleh to do it. Why have they not yet done it? ...I believe they were waiting for the court to render it decision first. So, will they now act? We wait and see.
9-8-2022 Intel Guru MarkZ [via PDK] The big news today of course is the death of the Queen. So many people are telling me this is our “trigger” event. Hopefully by tomorrow we will have some clarity.
9-8-2022 Newshound Guru Pimpy This is good news. Article "Officially.. Iran is offering the Iraqi dinar in its local banks" The more people to use the dinar the more there is a demand for it...this is good. Think supply and demand...If you don't get the supply to cover it then that means the currency goes up in value. So far Iraq has done dang near everything it needed to do to increase the exchange rate of the Iraqi dinar with the exception of having a stable government and a stable economy and avoiding uprisings.
9-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iran is offering and using Iraqi dinars in Iranian banks as of today. FRANK: That's why Kazemi and the leaders of Iraq went over to see the leaders of Iran and tell them you're not in control of my country anymore...if you want to be a part of my country you're welcome too....Mustafa (CBI governor] will be here and he'll tell you what you have to do. You can't steal any longer from our banks or our auctions.
9-8-2022 Newshound Guru Militiaman Article "Kurdistan Retirement releases salaries online next week" They are waiting on an agreement with the banks for a specific mechanism to distribute salaries on the 12th of this month.. Interesting way of putting it. "Specific Mechanism " They will have it all sorted electronically and on the new system.
9-8-2022 Newshound/Intel Guru Walkingstick [via Frank26] Iran knows and has known for a very long time that the Iraqi dinar is about to go up in value. Therefore Iran's attitude is slowly slowly slowly changing - that is better to work with Kazemi and the CBI and Sadr with value than to continue stealing illegally with no value.
9-8-2022 Newshound/Intel Guru Breitling I don't see any articles anywhere from the CBI, those are the ones who manage the Iraq currency, that they are not going to add value to their currency. I have not seen one single article, one word come out of the CBI [saying that]...They're always talking about how they're going add value to their currency. [Post 2 of 2]
9-8-2022 Newshound/Intel Guru Breitling This investment hasn't gone negative. It hasn't gone south...your feelings aren't a reality. The reality is Iraq is moving forward and they're going to add value to their currency. What moment? What day? We can only speculate. But don't go down that rabbit hole of, 'It's never going to happen.' It's garbage. It's bull crap. [Post 1 of 2....stay tuned]
9-8-2022 Intel Guru MarkZ [via PDK] Was a quiet night on the RV front. Still being told by my folks on the streets that it’s not nearly the upheaval media is claiming and they are moving quickly with clean-up...We don’t know the exact timing...
9-8-2022 Guru Nader From The Mid East [Fallout from Nader's friend's government officials arrest videos] I'm gonna tell you what's happening to me. I cannot go home. I've been threatened and I have proof...I've been threatened with death. With death, yes. People said, come back to the country they will kill me... The government doesn't want things to get out...they don't want to show all this aggressive arrests...
9-8-2022 Newshound Guru Pimpy The Supreme Court over there is saying they do not have the authority to dissolve parliament...I really do believe there's going to be a bad situation come of all this...the Supreme Court....will not dissolve parliament. They won't allow the president to dissolve parliament, therefore the only people who could dissolve the parliament are the people working in the parliament. Go figure. This is why things are so messed up over there.
9-8-2022 Intel Guru Bruce You know there's a diamond crust about six feet down in Iraq - in the sand. There's a whole six inch crust of diamonds that they found when they're going deeper for oil. Now it's just amazing that the wealth that is in that region...
9-8-2022 Newshound Guru Samson Article: "Iranian Central: Offering the Iraqi dinar to local banks" Quote: "The governor, "Ali Saleh Abadi," said in a statement on the sidelines of the cabinet session today, Wednesday, that a quantity of the Iraqi dinar entered the country yesterday and will be distributed starting tomorrow (Thursday)."
9-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We see a big explanation from the federal court on TV today and it looks like they are not going to dissolve parliament...
9-8-2022 Intel Guru MarkZ [via PDK] ...in Baghdad Today the report is the Supreme court of Iraq has rejected TODAY the lawsuit to dissolve the Iraqi Parliament. Now before you panic…I believe this is a good thing. It forces continuity in the Iraqi government.
9-8-2022 Newshound/Intel Guru Mnt Goat The Federal court will announce its decision on Thursday September 8 whether they can dissolve parliament outside of the specific condition as stated in the constitution...to decide if it is legal to do so outside of the specific conditions set in the constitution.
9-8-2022 Newshound Guru Pimpy This is good news. Article "Officially.. Iran is offering the Iraqi dinar in its local banks" The more people to use the dinar the more there is a demand for it...this is good. Think supply and demand...If you don't get the supply to cover it then that means the currency goes up in value. So far Iraq has done dang near everything it needed to do to increase the exchange rate of the Iraqi dinar with the exception of having a stable government and a stable economy and avoiding uprisings.
9-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iran is offering and using Iraqi dinars in Iranian banks as of today. FRANK: That's why Kazemi and the leaders of Iraq went over to see the leaders of Iran and tell them you're not in control of my country anymore...if you want to be a part of my country you're welcome too....Mustafa (CBI governor] will be here and he'll tell you what you have to do. You can't steal any longer from our banks or our auctions.
9-8-2022 Newshound Guru Militiaman Article "Kurdistan Retirement releases salaries online next week" They are waiting on an agreement with the banks for a specific mechanism to distribute salaries on the 12th of this month.. Interesting way of putting it. "Specific Mechanism " They will have it all sorted electronically and on the new system.
9-8-2022 Newshound/Intel Guru Walkingstick [via Frank26] Iran knows and has known for a very long time that the Iraqi dinar is about to go up in value. Therefore Iran's attitude is slowly slowly slowly changing - that is better to work with Kazemi and the CBI and Sadr with value than to continue stealing illegally with no value.
9-8-2022 Newshound/Intel Guru Breitling I don't see any articles anywhere from the CBI, those are the ones who manage the Iraq currency, that they are not going to add value to their currency. I have not seen one single article, one word come out of the CBI [saying that]...They're always talking about how they're going add value to their currency. [Post 2 of 2]
9-8-2022 Newshound/Intel Guru Breitling This investment hasn't gone negative. It hasn't gone south...your feelings aren't a reality. The reality is Iraq is moving forward and they're going to add value to their currency. What moment? What day? We can only speculate. But don't go down that rabbit hole of, 'It's never going to happen.' It's garbage. It's bull crap. [Post 1 of 2....stay tuned]
9-8-2022 Intel Guru MarkZ [via PDK] Was a quiet night on the RV front. Still being told by my folks on the streets that it’s not nearly the upheaval media is claiming and they are moving quickly with clean-up...We don’t know the exact timing...
9-8-2022 Guru Nader From The Mid East [Fallout from Nader's friend's government officials arrest videos] I'm gonna tell you what's happening to me. I cannot go home. I've been threatened and I have proof...I've been threatened with death. With death, yes. People said, come back to the country they will kill me... The government doesn't want things to get out...they don't want to show all this aggressive arrests...
9-8-2022 Newshound Guru Pimpy The Supreme Court over there is saying they do not have the authority to dissolve parliament...I really do believe there's going to be a bad situation come of all this...the Supreme Court....will not dissolve parliament. They won't allow the president to dissolve parliament, therefore the only people who could dissolve the parliament are the people working in the parliament. Go figure. This is why things are so messed up over there.
9-8-2022 Intel Guru Bruce You know there's a diamond crust about six feet down in Iraq - in the sand. There's a whole six inch crust of diamonds that they found when they're going deeper for oil. Now it's just amazing that the wealth that is in that region...
9-8-2022 Newshound Guru Samson Article: "Iranian Central: Offering the Iraqi dinar to local banks" Quote: "The governor, "Ali Saleh Abadi," said in a statement on the sidelines of the cabinet session today, Wednesday, that a quantity of the Iraqi dinar entered the country yesterday and will be distributed starting tomorrow (Thursday)."
9-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We see a big explanation from the federal court on TV today and it looks like they are not going to dissolve parliament...
9-8-2022 Intel Guru MarkZ [via PDK] ...in Baghdad Today the report is the Supreme court of Iraq has rejected TODAY the lawsuit to dissolve the Iraqi Parliament. Now before you panic…I believe this is a good thing. It forces continuity in the Iraqi government.
9-8-2022 Newshound/Intel Guru Mnt Goat The Federal court will announce its decision on Thursday September 8 whether they can dissolve parliament outside of the specific condition as stated in the constitution...to decide if it is legal to do so outside of the specific conditions set in the constitution.
9-7-2022 *** Dinar Guru History Video Update *** In this video Guest Currency Guru Mark Moss shows the connection between inflation, exchange rates and the central bank's role - the Turkish Lira (21m:05s), German Mark (16m:20s), Gold (16m:26s) and Zimbabwean Dollar (15m:14s & 17m:06s). This lesson highlights the difference between the Iraqi dinar today and these other currencies' situations. It's worth the time if you're interested in the dinar increasing in value. Stay tuned as the gurus chime in with their thougths on the video. The latest guru post will continue under the video...
9-7-2022 Intel Guru Bruce [via WiserNow] ...this is gonna be a great week I believe for us, you guys. Let's stay focused - stay grounded and be ready for just about anything all right.
9-7-2022 Guru Nader From The Mid East [Another corrupt official arrest video] There is another one! I told you it's a lot of people are gonna get arrested. A lot of people got arrested already. My friend is sending me these videos. He works with the forces and he's involved and arrests these people...when I said a lot of people are gonna get arrested it's a lot. It's at least hundreds and hundreds of them...
9-7-2022 Intel Guru MarkZ [via PDK] As I shared last night…I had a whole lot of folks in tier 3 reach out to me telling me they just signed new NDA’s. So I think we are very close...on the banking side it’s still pretty quiet... [Why do they have to sign a new NDA?] Most likely because we are close or they know the actual timing or they have been given information on the rate. That’s what makes sense to me... I believe it’s a positive thing and a huge piece of news for us.
9-7-2022 Newshound Guru Pimpy What ever happened to the investigation into Maliki? How come we haven't heard anything about it? Well lo and behold look what's in the news... Article: "New details about the judicial investigation of the "leaks of al-Maliki" Maliki, if it wasn't for his buddy being a leader of the Supreme Court this man would have been in jail...by now...the article goes on to say that the investigation is still open. It has not been shut. All necessary steps are being taken to assure that the right thing is done...
9-7-2022 Intel Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We have the CBI on television promoting their new project saying they are making more efforts to be more transparent with other central banks around the international world. Saying the [CBI governor] wants the world banks to know Iraq is stable and can be trusted and will be transparent. FRANK: The CBI is saying we can be trusted now...We're stable. No one is stealing from us. They won't steal your money come on in.
9-7-2022 Newshound Guru Kaperoni The efforts of the central bank of Iraq as of late is to stabilize the banking system, get citizens to deposit their currency in the banks and provide banking tools...
9-7-2022 Intel Guru MarkZ [via PDK] Nader posted another big win for Iraq today…Another politician/ bankers getting arrested. This is going on all over Iraq right now which to me is a clear sign they are preparing for the RV... [reference post from Guru Nader From The Mid East below.]
9-7-2022 Newshound Guru Sandy Ingram All central banks exist for the purpose of creating and maintaining stability. Central banks around the world are stability banks whose job it is to keep the economy stable. Thus when Iraq Central Bank has something to say we listen. Right now they are saying transparency is their new M.O. or mode of operation...
9-7-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Wire transfers and money exchange is the goal of the [CBI] satellite banks [being set up around the world] and the third goal is collect as many 3 zeros as possible because these 3 zeros will not go back to the U.S. treasury but go back to the CBI to be destroyed. That's why these satellite banks are so important.
9-7-2022 Newshound Guru Samson Article: "The Federal Court rejects the lawsuit to dissolve Parliament..and this is the text of its decision" Quote: "The jurisdiction of the Federal Supreme Court is limited by Article (93) of the Constitution and Article (4) of the Federal Supreme Court Law and does not include the dissolution of Parliament"
9-7-2022 Intel Guru MarkZ [via PDK] ...coming out today “Officially-Iran is offering the Iraqi dinar in its local banks” The Iraqi dinar is a “preferred currency” in the region. This is huge news. I hope you can grasp how huge this news is. Traditionally the Iraqi dinar has been an unstable currency. Why would you want to use that currency in your local markets unless it was going to become a “reserve status” ? In other words it’s out there along with the US dollar . This is a huge piece of news. They are officially using it and offering it through their central banks in Iran. This to me is a clear indication the Iraqi dinar is about to become a regional powerhouse and a banking anchor in the middle east.
9-7-2022 Newshound Guru MilitiaMan The Judiciary are only now to make recommendations in regard to dissolution... Not decisions like they said in the first place. Hence why the likelihood the UN steps in... There are no coincidences... imo Just as the final payment to the UNCC was exposed today.. There is definitely things afoot. imo
9-7-2022 Guru Nader From The Mid East [His friend's corruption video followup] The problem is you only saw one video...one got arrested but it's like 5 or 6 of them got arrested in the same day and that's a really good thing...they want to give an example. That's what they want to do. That's why they're arresting people like that...this is what's going to happen you if you continue to steal...if you go to government office it's a lot of them like that. 'You have to give me money for me to let stuff go through.'
9-7-2022 Newshound Guru Pimpy The federal court of course once again kicked the can down the road. They're not going to make a decision on this particular situation [Dissolving parliament]...
9-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There was a big sting operation. They set it up. A major lead government official was arrested for taking bribes. They're showing this to us on the news. They're saying there's a major crackdown on corruption and more arrests are coming as Iraq will eventually cut the head of the snake.
9-7-2022 Guru Nader From The Mid East [Another corrupt official arrest video] There is another one! I told you it's a lot of people are gonna get arrested. A lot of people got arrested already. My friend is sending me these videos. He works with the forces and he's involved and arrests these people...when I said a lot of people are gonna get arrested it's a lot. It's at least hundreds and hundreds of them...
9-7-2022 Intel Guru MarkZ [via PDK] As I shared last night…I had a whole lot of folks in tier 3 reach out to me telling me they just signed new NDA’s. So I think we are very close...on the banking side it’s still pretty quiet... [Why do they have to sign a new NDA?] Most likely because we are close or they know the actual timing or they have been given information on the rate. That’s what makes sense to me... I believe it’s a positive thing and a huge piece of news for us.
9-7-2022 Newshound Guru Pimpy What ever happened to the investigation into Maliki? How come we haven't heard anything about it? Well lo and behold look what's in the news... Article: "New details about the judicial investigation of the "leaks of al-Maliki" Maliki, if it wasn't for his buddy being a leader of the Supreme Court this man would have been in jail...by now...the article goes on to say that the investigation is still open. It has not been shut. All necessary steps are being taken to assure that the right thing is done...
9-7-2022 Intel Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We have the CBI on television promoting their new project saying they are making more efforts to be more transparent with other central banks around the international world. Saying the [CBI governor] wants the world banks to know Iraq is stable and can be trusted and will be transparent. FRANK: The CBI is saying we can be trusted now...We're stable. No one is stealing from us. They won't steal your money come on in.
9-7-2022 Newshound Guru Kaperoni The efforts of the central bank of Iraq as of late is to stabilize the banking system, get citizens to deposit their currency in the banks and provide banking tools...
9-7-2022 Intel Guru MarkZ [via PDK] Nader posted another big win for Iraq today…Another politician/ bankers getting arrested. This is going on all over Iraq right now which to me is a clear sign they are preparing for the RV... [reference post from Guru Nader From The Mid East below.]
9-7-2022 Newshound Guru Sandy Ingram All central banks exist for the purpose of creating and maintaining stability. Central banks around the world are stability banks whose job it is to keep the economy stable. Thus when Iraq Central Bank has something to say we listen. Right now they are saying transparency is their new M.O. or mode of operation...
9-7-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Wire transfers and money exchange is the goal of the [CBI] satellite banks [being set up around the world] and the third goal is collect as many 3 zeros as possible because these 3 zeros will not go back to the U.S. treasury but go back to the CBI to be destroyed. That's why these satellite banks are so important.
9-7-2022 Newshound Guru Samson Article: "The Federal Court rejects the lawsuit to dissolve Parliament..and this is the text of its decision" Quote: "The jurisdiction of the Federal Supreme Court is limited by Article (93) of the Constitution and Article (4) of the Federal Supreme Court Law and does not include the dissolution of Parliament"
9-7-2022 Intel Guru MarkZ [via PDK] ...coming out today “Officially-Iran is offering the Iraqi dinar in its local banks” The Iraqi dinar is a “preferred currency” in the region. This is huge news. I hope you can grasp how huge this news is. Traditionally the Iraqi dinar has been an unstable currency. Why would you want to use that currency in your local markets unless it was going to become a “reserve status” ? In other words it’s out there along with the US dollar . This is a huge piece of news. They are officially using it and offering it through their central banks in Iran. This to me is a clear indication the Iraqi dinar is about to become a regional powerhouse and a banking anchor in the middle east.
9-7-2022 Newshound Guru MilitiaMan The Judiciary are only now to make recommendations in regard to dissolution... Not decisions like they said in the first place. Hence why the likelihood the UN steps in... There are no coincidences... imo Just as the final payment to the UNCC was exposed today.. There is definitely things afoot. imo
9-7-2022 Guru Nader From The Mid East [His friend's corruption video followup] The problem is you only saw one video...one got arrested but it's like 5 or 6 of them got arrested in the same day and that's a really good thing...they want to give an example. That's what they want to do. That's why they're arresting people like that...this is what's going to happen you if you continue to steal...if you go to government office it's a lot of them like that. 'You have to give me money for me to let stuff go through.'
9-7-2022 Newshound Guru Pimpy The federal court of course once again kicked the can down the road. They're not going to make a decision on this particular situation [Dissolving parliament]...
9-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There was a big sting operation. They set it up. A major lead government official was arrested for taking bribes. They're showing this to us on the news. They're saying there's a major crackdown on corruption and more arrests are coming as Iraq will eventually cut the head of the snake.
9-6-2022 Newshound Guru Samson Article: "Iraq is on the "white list" of countries in the fight against money laundering” Quote: "Last Thursday, the European Commission delegation delivered a letter to Prime Minister Mustafa Al-Kazemi, which included removing Iraq from the European Union’s list of countries with high risks in the field of combating money laundering and terrorist financing."
9-6-2022 Intel Guru MarkZ [via PDK] On just the RV front we have arrests going on in Iraq and from the tier 3 front I have received a number of emails today from folks in tier 3 that have now signed NDA’s...this started late last week through the weekend. We had some folks that have signed them before, but now we are seeing fresh, new NDA’s for tier 3 which involve groups and individuals who have currency with groups. I think this is a positive sign we are moving forward. Why would they sign fresh NDA’s is we were not any closer? They are letting me know they won’t be talking about any specifics any more.
9-6-2022 Newshound Guru Militiaman Community comment "The US and the UN do not bode well for Iraq and our investment..." I have the most positive outlook in the end result happening and yes the CBI is geared for that event. To say that the US and UN is...a bad thing, you might better study that a bit deeper...money will trump everything. This is not only about Iraq. Please consider the recent remote meetings...with the largest financial entities in the world this last week...It was about global financial security and that my friend includes Iraq and a basket of currencies in the region...With all the data out there...We are in the best place we have ever been, imo.. We know more and have more evidence than ever that the reforms are still under way...
9-6-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] U.S. citizens in these [CBI satellite in the US] banks can exchange currency. But they cannot deposit IQDs in these accounts. No one will have an IQD account because these accounts are in America under American banking laws. All these accounts will be in the form of USDs. The main thing these banks will do is exchange and transfer IQDs for the convenience of Iraqi citizens around the world...
9-6-2022 Newshound Guru Kaperoni Only with the success, growth of Iraq's economy, and an increase in GDP can the dinar go up in value. As stated by the IMF Article IV Consultation from 2013. I can assure you nothing is going to happen with the Iraqi dinar this year, and for that matter it could take months or many years because Iraq has a lot of work to do and the continuous infighting doesn't help matters.
9-6-2022 Newshound Guru Sandy Ingram Article: "Transparency and Financial Disclosure is a Strategic Approach for the Central Bank of Iraq" The Central Bank of Iraq is taking a firm & strategic approach...with dealing with international financial organizations in order to restore confidence in international banking transactions...It's important because it implies the country wants to repair the reputation of reports of inaccurate data and information and play nicely in the sandbox with other central banks and other countries...
9-6-2022 Intel Guru Frank26 If we do see the Federal Court passing a law that...dissolves the parliament, get on your horse and buckle it up really good...and gallop as far as you want in celebration. The moment we have a government things are going to move a lot faster...
9-6-2022 Intel Guru MarkZ [via PDK] There is really great chatter out of Iraq right now with their intentions...they intend to within the coming days before the 16th and 17th have their rate out. This is coming out of the CBI...Based on what I am seeing and hearing from the CBI- They are positioning and preparing for it now...there seems to be a concerted push to get that rate out...I believe we are about to see something very positive from the CBI in the very near future...
9-6-2022 Newshound Guru Samson Article: "Soon.. Al-Kazemi to America" Quote: "Al-Kazemi will go to America, in order to participate in the meetings of the United Nations General Assembly, to replace the President of the Republic, Barham Salih..."the reason for Al-Kazemi's departure instead of Saleh is to discuss political developments and repercussions on the security and economic levels, and the opinion of the international community on this crisis..."
9-6-2022 Newshound Guru Pimpy Article: "Iraq security official Arrested Over Bribe: Graft Bod" Quote: "The unnamed official was caught red handed receiving the bribe...the arrest was filmed and the video shared on social media showing the arrest in his office as a stack of dollars was pulled out of his drawer..." Shout out to [Guru] Nader...definitely got people's attention that's for sure... [Post 2 of 2] [See Guru Nader's post 9-6-2022 below]
9-6-2022 Newshound Guru Pimpy [Referencing Guru Nader's friend's video of government official being arrested.] When it comes to these super senior official timing is everything especially when there are two political forces that are battling with one another...I have a feeling this individual is somehow someway linked to Maliki... [Post 1 of 2...stay tuned]
9-6-2022 Newshound/Intel Guru Mnt Goat Article: "FITCH: IRAQ’S GDP GROWTH IS ABOUT 8%" ...for Iraq to have a GDP of 8 % is fantastic and just more proof they are manipulating the rate of the dinar since at a rate as this the economy must be moving and with rapid growth. So they don’t need to rebuild their economy for the rate to be reinstated. What they need is to stop the corruption and free the economy to a global international economy...
9-6-2022 Intel Guru MarkZ [via PDK] ...the news broke this weekend... there is a $3.71 street rate…now we need to find out “when” will it make it to us? I was told contractors should receive this rate around the 15th of this month in actual dinar…not in other currencies.
9-6-2022 Newshound Guru Militiaman Article: "The General Secretariat: Automation of outlets has raised the value of revenues for three years" The borders will support the value of the currency aside from oil and other minerals, tourism, etc..
9-6-2022 Intel Guru MarkZ [via PDK] On just the RV front we have arrests going on in Iraq and from the tier 3 front I have received a number of emails today from folks in tier 3 that have now signed NDA’s...this started late last week through the weekend. We had some folks that have signed them before, but now we are seeing fresh, new NDA’s for tier 3 which involve groups and individuals who have currency with groups. I think this is a positive sign we are moving forward. Why would they sign fresh NDA’s is we were not any closer? They are letting me know they won’t be talking about any specifics any more.
9-6-2022 Newshound Guru Militiaman Community comment "The US and the UN do not bode well for Iraq and our investment..." I have the most positive outlook in the end result happening and yes the CBI is geared for that event. To say that the US and UN is...a bad thing, you might better study that a bit deeper...money will trump everything. This is not only about Iraq. Please consider the recent remote meetings...with the largest financial entities in the world this last week...It was about global financial security and that my friend includes Iraq and a basket of currencies in the region...With all the data out there...We are in the best place we have ever been, imo.. We know more and have more evidence than ever that the reforms are still under way...
9-6-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] U.S. citizens in these [CBI satellite in the US] banks can exchange currency. But they cannot deposit IQDs in these accounts. No one will have an IQD account because these accounts are in America under American banking laws. All these accounts will be in the form of USDs. The main thing these banks will do is exchange and transfer IQDs for the convenience of Iraqi citizens around the world...
9-6-2022 Newshound Guru Kaperoni Only with the success, growth of Iraq's economy, and an increase in GDP can the dinar go up in value. As stated by the IMF Article IV Consultation from 2013. I can assure you nothing is going to happen with the Iraqi dinar this year, and for that matter it could take months or many years because Iraq has a lot of work to do and the continuous infighting doesn't help matters.
9-6-2022 Newshound Guru Sandy Ingram Article: "Transparency and Financial Disclosure is a Strategic Approach for the Central Bank of Iraq" The Central Bank of Iraq is taking a firm & strategic approach...with dealing with international financial organizations in order to restore confidence in international banking transactions...It's important because it implies the country wants to repair the reputation of reports of inaccurate data and information and play nicely in the sandbox with other central banks and other countries...
9-6-2022 Intel Guru Frank26 If we do see the Federal Court passing a law that...dissolves the parliament, get on your horse and buckle it up really good...and gallop as far as you want in celebration. The moment we have a government things are going to move a lot faster...
9-6-2022 Intel Guru MarkZ [via PDK] There is really great chatter out of Iraq right now with their intentions...they intend to within the coming days before the 16th and 17th have their rate out. This is coming out of the CBI...Based on what I am seeing and hearing from the CBI- They are positioning and preparing for it now...there seems to be a concerted push to get that rate out...I believe we are about to see something very positive from the CBI in the very near future...
9-6-2022 Newshound Guru Samson Article: "Soon.. Al-Kazemi to America" Quote: "Al-Kazemi will go to America, in order to participate in the meetings of the United Nations General Assembly, to replace the President of the Republic, Barham Salih..."the reason for Al-Kazemi's departure instead of Saleh is to discuss political developments and repercussions on the security and economic levels, and the opinion of the international community on this crisis..."
9-6-2022 Newshound Guru Pimpy Article: "Iraq security official Arrested Over Bribe: Graft Bod" Quote: "The unnamed official was caught red handed receiving the bribe...the arrest was filmed and the video shared on social media showing the arrest in his office as a stack of dollars was pulled out of his drawer..." Shout out to [Guru] Nader...definitely got people's attention that's for sure... [Post 2 of 2] [See Guru Nader's post 9-6-2022 below]
9-6-2022 Newshound Guru Pimpy [Referencing Guru Nader's friend's video of government official being arrested.] When it comes to these super senior official timing is everything especially when there are two political forces that are battling with one another...I have a feeling this individual is somehow someway linked to Maliki... [Post 1 of 2...stay tuned]
9-6-2022 Newshound/Intel Guru Mnt Goat Article: "FITCH: IRAQ’S GDP GROWTH IS ABOUT 8%" ...for Iraq to have a GDP of 8 % is fantastic and just more proof they are manipulating the rate of the dinar since at a rate as this the economy must be moving and with rapid growth. So they don’t need to rebuild their economy for the rate to be reinstated. What they need is to stop the corruption and free the economy to a global international economy...
9-6-2022 Intel Guru MarkZ [via PDK] ...the news broke this weekend... there is a $3.71 street rate…now we need to find out “when” will it make it to us? I was told contractors should receive this rate around the 15th of this month in actual dinar…not in other currencies.
9-6-2022 Newshound Guru Militiaman Article: "The General Secretariat: Automation of outlets has raised the value of revenues for three years" The borders will support the value of the currency aside from oil and other minerals, tourism, etc..
9-5-2022 Newshound Guru Samson Article: "Integrity reveals the details of the arrest of a senior officer in Maysan and calls on citizens to cooperate" Quote: "The Federal Integrity Commission revealed, on Monday, the details of the arrest of a senior officer in one of the security services in Maysan Governorate, red-handed, noting that he "blackmailed citizens and bargained with them", while calling for reporting cases of "bargaining, extortion and bribery." [See Guru Nader's Post below about his friend's video of the arrest.]
9-5-2022 Intel Guru Frank26 Article: "The Central Bank decides to activate the procedures for verifying licenses to import goods and merchandise". THE CBI IS IN CONTROL OF THE MR WITH BANKS INSIDE OF IRAQ AND OUTSIDE.
9-5-2022 Newshound Guru Sandy Ingram Most of the Iraqi people do not care about a re-value of their currency to the point of one dinar equaling one US dollar. The Iraqi people just want money in their pocket, food, clean water, electricity, shelter, health care and money to pay their cell phone bill. The majority of Iraqi people do not yet understand the benefits of having an international currency with a high exchange value.
9-5-2022 Newshound Guru Pimpy Article: "The speaker of the Iraqi parliament calls for an agreement on setting a date for early elections" They're already on a verge of civil war. They started to go down that path and thanks to Sistani it was stopped. Either they agree to go to early elections or there's no doubt in my mind there is going to be a civil war. There's no other way around it. I don't want that to happen...I think it's the right of the Iraqi people to decide who they want there...
9-5-2022 Newshound Guru MilitiaMan [Reference Samson Article below] What I like about this article is the timing of it and that the bullet point [3] takes us [foreign dinar investors] into consideration. There is also something the economist left out...the money they have destroyed in the past. We had video of them destroying perfectly good large notes...
9-5-2022 Guru Nader From The Mid East My friend made [This "GoPro style" video]...this guys just got arrested for corruption. This is the head...if you need permit for construction or you need your passport being done or you need papers anything have to do with the government you go and he takes money...You have to pay a million dinar just to get some stuff done. He's been doing this for many many years and he made a lot of money. This is corruption so he get arrested. It's a lot of them getting arrested like this. He's big. He steals even from the government...slowly slowly it's gonna happen.
9-5-2022 Intel Guru MarkZ [via PDK] [What makes this time different than every other time we have been close to the RV?] The CBI has made it very clear they are ready to move forward with the monetary reform. They have filed the paperwork with the UN and the IMF to reinstate their currency... This is something very different now than we have ever seen before.
9-5-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] These banks [CBI satellite banks] are going to make it easy for Iraqi citizens abroad to turn in their 3-Zero notes. Brilliant! Because that's the state that we're at right now. Not the political stage. Not the killing in the streets and the arguments and the bickering...no. How do you think everything is functioning in the country if they didn't have a government? ...the CBI knows a lot of these citizens are hording billions and billions of dinars in their mattresses outside of Iraq.... [See Guru Samson's news article below..]
9-5-2022 Newshound Guru Samson ...There are 4 main possibilities for this cash away from the banking system, which are: 1 - Iraqis hoard money in their homes... 2 - Funds are internal commercial transactions far from the banking system... 3 - Foreign institutions hoarding the Iraqi currency for several reasons, including the remote investment in the Iraqi dinar in the hope of a rise in its price in the future... 4- Damage to the currency..." [Post 2 of 2]
9-5-2022 Newshound Guru Samson Article: "An economist reveals the size of the currency issued by the Iraqi Central" Quote: "according to the data of the Central Bank of Iraq, the volume of cash currency issued by the bank is up to 82 trillion Iraqi dinars." He added: "On the other hand, the volume of cash in Iraqi banks does not exceed the barrier of 7 trillion Iraqi dinars only, meaning that more than 75 trillion Iraqi dinars are outside the banking system and it is very difficult to follow them and know their fate..." [Post 1 of 2....stay tuned]
9-5-2022 Intel Guru Frank26 Article: "The Central Bank decides to activate the procedures for verifying licenses to import goods and merchandise". THE CBI IS IN CONTROL OF THE MR WITH BANKS INSIDE OF IRAQ AND OUTSIDE.
9-5-2022 Newshound Guru Sandy Ingram Most of the Iraqi people do not care about a re-value of their currency to the point of one dinar equaling one US dollar. The Iraqi people just want money in their pocket, food, clean water, electricity, shelter, health care and money to pay their cell phone bill. The majority of Iraqi people do not yet understand the benefits of having an international currency with a high exchange value.
9-5-2022 Newshound Guru Pimpy Article: "The speaker of the Iraqi parliament calls for an agreement on setting a date for early elections" They're already on a verge of civil war. They started to go down that path and thanks to Sistani it was stopped. Either they agree to go to early elections or there's no doubt in my mind there is going to be a civil war. There's no other way around it. I don't want that to happen...I think it's the right of the Iraqi people to decide who they want there...
9-5-2022 Newshound Guru MilitiaMan [Reference Samson Article below] What I like about this article is the timing of it and that the bullet point [3] takes us [foreign dinar investors] into consideration. There is also something the economist left out...the money they have destroyed in the past. We had video of them destroying perfectly good large notes...
9-5-2022 Guru Nader From The Mid East My friend made [This "GoPro style" video]...this guys just got arrested for corruption. This is the head...if you need permit for construction or you need your passport being done or you need papers anything have to do with the government you go and he takes money...You have to pay a million dinar just to get some stuff done. He's been doing this for many many years and he made a lot of money. This is corruption so he get arrested. It's a lot of them getting arrested like this. He's big. He steals even from the government...slowly slowly it's gonna happen.
9-5-2022 Intel Guru MarkZ [via PDK] [What makes this time different than every other time we have been close to the RV?] The CBI has made it very clear they are ready to move forward with the monetary reform. They have filed the paperwork with the UN and the IMF to reinstate their currency... This is something very different now than we have ever seen before.
9-5-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] These banks [CBI satellite banks] are going to make it easy for Iraqi citizens abroad to turn in their 3-Zero notes. Brilliant! Because that's the state that we're at right now. Not the political stage. Not the killing in the streets and the arguments and the bickering...no. How do you think everything is functioning in the country if they didn't have a government? ...the CBI knows a lot of these citizens are hording billions and billions of dinars in their mattresses outside of Iraq.... [See Guru Samson's news article below..]
9-5-2022 Newshound Guru Samson ...There are 4 main possibilities for this cash away from the banking system, which are: 1 - Iraqis hoard money in their homes... 2 - Funds are internal commercial transactions far from the banking system... 3 - Foreign institutions hoarding the Iraqi currency for several reasons, including the remote investment in the Iraqi dinar in the hope of a rise in its price in the future... 4- Damage to the currency..." [Post 2 of 2]
9-5-2022 Newshound Guru Samson Article: "An economist reveals the size of the currency issued by the Iraqi Central" Quote: "according to the data of the Central Bank of Iraq, the volume of cash currency issued by the bank is up to 82 trillion Iraqi dinars." He added: "On the other hand, the volume of cash in Iraqi banks does not exceed the barrier of 7 trillion Iraqi dinars only, meaning that more than 75 trillion Iraqi dinars are outside the banking system and it is very difficult to follow them and know their fate..." [Post 1 of 2....stay tuned]
9-4-2022 Intel Guru Frank26 Community comment "The saga continues." Do you honestly feel in your heart that this is the worst of times for the monetary reform? These are the best times for the monetary reform...It marches on. It stampedes...It is being announced. It's being revealed. Both Kazemi and Mustafa of the CBI have no problem telling the citizens what they are about to get. It is not a boring saga. It is an exciting adventure. Right now what's going on is amazing...There have never been better times than what we are seeing.
9-4-2022 Newshound Guru Pimpy ...numbers on the 'back screen', 800#s, redemption centers, military people that watch the currency exchange, tier 1, tier 2, tier 3.. It's not real. It's all B.S...If we cannot get a stable government with a stable economy...you're not going to see any kind of major exchange rate change happen unfortunately...
9-4-2022 Newshound/Intel Guru Mnt Goat #3. In 2019...they came out with the “White Paper” in which it specifically says to go to FOREX. #4. In talking to my CBI contact, I was told that it was targeted for Jan 2022 but due to the election issues they held it up hoping the government would be formed and stable. So, this is where we are today. We sit and wait for the new government. [post 2 of 2]
9-4-2022 Newshound/Intel Guru Mnt Goat ...I can wholeheartedly tell you that – Yes and Yes that I know for a fact and without a doubt that the reinstatement has to happen and will happen. How do I know? #1. Reinstatement was in a long term 5 year plan given from the CBI in 2011...it was supposed to be all done by 2016. #2. Dr Shabibi, the then governor of the CBI, attempted to reinstate the dinar on FOREX and complete the project to delete the zeros in 2013 as part of the 2011 plan, only the corrupt Nori Al-Maliki then the prime minster stopped it with his raid on the CBI...This is what Sadr is trying to fix...and why the new govt can’t get formed. [post 1 of 2....stay tuned]
9-4-2022 Guru Nader From The Mid East About the Iraqi dinar no news for now. It's a mess. The country is not stable. It's actually destabilized a little bit now. We see what's going on two weeks from now. There's no promises. There is not news about the exchange rate. There's nothing...keep your head on your shoulders...it's a waiting game so let's wait...
9-4-2022 Newshound Guru Samson Article: "The average salary in Iraq is 600 dollars and in other countries is six thousand" Quote: "Iraq ranked 62nd out of a list of 105 countries in terms of the average net monthly salary of an employee of $600 in Iraq..."
9-4-2022 Newshound Guru Militiaman Article: "The Central Bank of Iraq organizes a visit to a media delegation" The AMF on the same day had meetings on similar issues...with the likes of the World Bank, Bank of International Settlements, International institutions, etc...There are no coincidences in these meeting coinciding with each other.. imo.. I like what we are seeing. Inter-connectivity is coming...
9-4-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Are these banks [CBI satellite banks in the US] for you? In all honesty you can use them. But you got to remember they're under American banking laws so don't be trying to think you can put Iraqi dinars in these bank accounts. The only thing you can put in is American dollars...they'll gladly take those 3-zero notes from you. They'll gladly convert it. Whatever rate they give you knock yourself out.
9-4-2022 Newshound Guru Breitling I haven't seen anything negative come out of Iraq yet...It's like watching Fox News...Every day they've got some shitty thing to tell you. Like it's their goal in life to make sure you're unhappy so they can make you vote a certain way. That's how it works - Pure propaganda... People are reading articles...that have nothing to do with...their [Iraq's] policy and their currency. [Post 2 of 2]
9-4-2022 Newshound Guru Breitling People are looking at Iraq. They are looking at what's going on between the Sunni and the Shia and they're going, 'My God there's chaos and turmoil going on! This thing is never going to come to fruition. It's never going to come about." You couldn't be more wrong. That's not how this investment works. That's not how Iraqi's currency works... [Post 1 of 2....stay tuned]
9-4-2022 Newshound Guru Clare PRETTY SOON THE TSUNAMI WILL OVERTAKE ALL THOSE CORRUPT WICKED LEADERS AND WE WILL WITNESS IT. IRAQ WILL PROSPER WITHOUT THAT EVIL...AND GETTING RID OF THEM AT THIS TIME IS VERY GOOD FOR OUR INVESTMENT & IT IS VERY GREAT FOR THE IRAQI CITIZENS!!!...IMO WE ARE AT THE END... BE PATIENT A LITTLE LONGER...WE ARE WATCHING IT PLAY OUT. KAZEMI & SADR ALREADY WON...REMEMBER SADR WANTS THE REFORMS (NEW EXCHANGE RATE) DONE FOR THE CITIZENS! ...IMO
9-4-2022 Newshound Guru Pimpy ...numbers on the 'back screen', 800#s, redemption centers, military people that watch the currency exchange, tier 1, tier 2, tier 3.. It's not real. It's all B.S...If we cannot get a stable government with a stable economy...you're not going to see any kind of major exchange rate change happen unfortunately...
9-4-2022 Newshound/Intel Guru Mnt Goat #3. In 2019...they came out with the “White Paper” in which it specifically says to go to FOREX. #4. In talking to my CBI contact, I was told that it was targeted for Jan 2022 but due to the election issues they held it up hoping the government would be formed and stable. So, this is where we are today. We sit and wait for the new government. [post 2 of 2]
9-4-2022 Newshound/Intel Guru Mnt Goat ...I can wholeheartedly tell you that – Yes and Yes that I know for a fact and without a doubt that the reinstatement has to happen and will happen. How do I know? #1. Reinstatement was in a long term 5 year plan given from the CBI in 2011...it was supposed to be all done by 2016. #2. Dr Shabibi, the then governor of the CBI, attempted to reinstate the dinar on FOREX and complete the project to delete the zeros in 2013 as part of the 2011 plan, only the corrupt Nori Al-Maliki then the prime minster stopped it with his raid on the CBI...This is what Sadr is trying to fix...and why the new govt can’t get formed. [post 1 of 2....stay tuned]
9-4-2022 Guru Nader From The Mid East About the Iraqi dinar no news for now. It's a mess. The country is not stable. It's actually destabilized a little bit now. We see what's going on two weeks from now. There's no promises. There is not news about the exchange rate. There's nothing...keep your head on your shoulders...it's a waiting game so let's wait...
9-4-2022 Newshound Guru Samson Article: "The average salary in Iraq is 600 dollars and in other countries is six thousand" Quote: "Iraq ranked 62nd out of a list of 105 countries in terms of the average net monthly salary of an employee of $600 in Iraq..."
9-4-2022 Newshound Guru Militiaman Article: "The Central Bank of Iraq organizes a visit to a media delegation" The AMF on the same day had meetings on similar issues...with the likes of the World Bank, Bank of International Settlements, International institutions, etc...There are no coincidences in these meeting coinciding with each other.. imo.. I like what we are seeing. Inter-connectivity is coming...
9-4-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Are these banks [CBI satellite banks in the US] for you? In all honesty you can use them. But you got to remember they're under American banking laws so don't be trying to think you can put Iraqi dinars in these bank accounts. The only thing you can put in is American dollars...they'll gladly take those 3-zero notes from you. They'll gladly convert it. Whatever rate they give you knock yourself out.
9-4-2022 Newshound Guru Breitling I haven't seen anything negative come out of Iraq yet...It's like watching Fox News...Every day they've got some shitty thing to tell you. Like it's their goal in life to make sure you're unhappy so they can make you vote a certain way. That's how it works - Pure propaganda... People are reading articles...that have nothing to do with...their [Iraq's] policy and their currency. [Post 2 of 2]
9-4-2022 Newshound Guru Breitling People are looking at Iraq. They are looking at what's going on between the Sunni and the Shia and they're going, 'My God there's chaos and turmoil going on! This thing is never going to come to fruition. It's never going to come about." You couldn't be more wrong. That's not how this investment works. That's not how Iraqi's currency works... [Post 1 of 2....stay tuned]
9-4-2022 Newshound Guru Clare PRETTY SOON THE TSUNAMI WILL OVERTAKE ALL THOSE CORRUPT WICKED LEADERS AND WE WILL WITNESS IT. IRAQ WILL PROSPER WITHOUT THAT EVIL...AND GETTING RID OF THEM AT THIS TIME IS VERY GOOD FOR OUR INVESTMENT & IT IS VERY GREAT FOR THE IRAQI CITIZENS!!!...IMO WE ARE AT THE END... BE PATIENT A LITTLE LONGER...WE ARE WATCHING IT PLAY OUT. KAZEMI & SADR ALREADY WON...REMEMBER SADR WANTS THE REFORMS (NEW EXCHANGE RATE) DONE FOR THE CITIZENS! ...IMO
9-3-2022 Intel Guru MarkZ [via PDK] Community Comment [(Guru) Fleming said the Dong could be $8-$10 dollars along with the dinar.] I’m not hearing that much but I am hearing its value is increasing…i am still mentally preparing myself for $2.25-$2.30. But hope to be pleasantly surprised if its higher.
9-3-2022 Newshound Guru Militiaman Article "An Iraqi bank begins providing its banking services and solutions in the Saudi market" Looks like show time... imo They imo are not going live at a program rate or they would have already done so. I suspect that visit to Egypt by Kahdimi was a fruitful one.
9-3-2022 Newshound Guru Samson Article: "International companies use the Iraqi airspace for the first time in history" Quote: "...Iraqi air movement at the present time is witnessing demand from civil aviation companies....Iraq is characterized by an important strategic location and is considered the shortest road and air corridors linking the East to the West."
9-3-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Article: "The united card reaches Iraqis abroad" If you recall we told you they're teaching Iraq citizens about the Visa and MasterCards along with...key cards [which] will be some of the tools the CBI banks will use to get the Iraqi citizens abroad their currency ...In the United States of American you can find Iraqi expatriates...they will qualify to apply for..visa and MasterCards from these banks [CBI satellite banks in the US]...
9-3-2022 Intel Guru Frank26 Article: "An Iraqi bank begins providing its banking services and solution in the Suadi Market" Wow! It begins... Internationally. It's a very positive article about their banks and how they're working together. They're not going to work together at a program rate.
9-3-2022 Newshound Guru Pimpy Article: "The Federal Court again fails to rule on claims to dissolve the Iraqi parliament" This should be a surprise to no one. Remember the supreme court justice...in Iraq is friends with Maliki. So when he turned to the courts to ask them to dissolve parliament in order for them to hold early elections it's not hard to figure out that the courts are most likely going to side with whatever it is that Maliki wants. Maliki does not want early elections...the Supreme Judiciary Courts are kicking the can down the road...
9-3-2022 Intel Guru MarkZ [via PDK] Peace and calm is still holding in Iraq...We have great expectations for the coming week...At this point it appears to be on auto-pilot for the finish. I wish I knew the day. Its close and we are watching it all play out ...
9-3-2022 Newshound Guru MilitiaMan Question: [Article: "The Central Bank decides to activate the procedures for verifying licenses to import goods and merchandise" Why such an announcement on Friday FOR Muslims AND after Banks close on Friday, global business?] A BIG CHANGE IS COMING!! imo lol Those meetings with the World Bank, Bank of International Settlements, Basel III Board of Directors, IMF, AMF, International Institutions, etc., all know that the IQD is to take it's rightful place in a basket.
9-3-2022 Newshound Guru Samson Article: "Economist: Inflation has reached more than 12% in Iraq" Quote: "The Iraqi economic expert attributed the reasons for the high rates of inflation to many factors, including “the rise in oil prices, which reflects its shadow on all goods and services, in addition to changing the exchange rate of the dinar against the dollar,”
9-3-2022 Intel Guru Bruce
9-3-2022 Newshound Guru Militiaman Article "An Iraqi bank begins providing its banking services and solutions in the Saudi market" Looks like show time... imo They imo are not going live at a program rate or they would have already done so. I suspect that visit to Egypt by Kahdimi was a fruitful one.
9-3-2022 Newshound Guru Samson Article: "International companies use the Iraqi airspace for the first time in history" Quote: "...Iraqi air movement at the present time is witnessing demand from civil aviation companies....Iraq is characterized by an important strategic location and is considered the shortest road and air corridors linking the East to the West."
9-3-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Article: "The united card reaches Iraqis abroad" If you recall we told you they're teaching Iraq citizens about the Visa and MasterCards along with...key cards [which] will be some of the tools the CBI banks will use to get the Iraqi citizens abroad their currency ...In the United States of American you can find Iraqi expatriates...they will qualify to apply for..visa and MasterCards from these banks [CBI satellite banks in the US]...
9-3-2022 Intel Guru Frank26 Article: "An Iraqi bank begins providing its banking services and solution in the Suadi Market" Wow! It begins... Internationally. It's a very positive article about their banks and how they're working together. They're not going to work together at a program rate.
9-3-2022 Newshound Guru Pimpy Article: "The Federal Court again fails to rule on claims to dissolve the Iraqi parliament" This should be a surprise to no one. Remember the supreme court justice...in Iraq is friends with Maliki. So when he turned to the courts to ask them to dissolve parliament in order for them to hold early elections it's not hard to figure out that the courts are most likely going to side with whatever it is that Maliki wants. Maliki does not want early elections...the Supreme Judiciary Courts are kicking the can down the road...
9-3-2022 Intel Guru MarkZ [via PDK] Peace and calm is still holding in Iraq...We have great expectations for the coming week...At this point it appears to be on auto-pilot for the finish. I wish I knew the day. Its close and we are watching it all play out ...
9-3-2022 Newshound Guru MilitiaMan Question: [Article: "The Central Bank decides to activate the procedures for verifying licenses to import goods and merchandise" Why such an announcement on Friday FOR Muslims AND after Banks close on Friday, global business?] A BIG CHANGE IS COMING!! imo lol Those meetings with the World Bank, Bank of International Settlements, Basel III Board of Directors, IMF, AMF, International Institutions, etc., all know that the IQD is to take it's rightful place in a basket.
9-3-2022 Newshound Guru Samson Article: "Economist: Inflation has reached more than 12% in Iraq" Quote: "The Iraqi economic expert attributed the reasons for the high rates of inflation to many factors, including “the rise in oil prices, which reflects its shadow on all goods and services, in addition to changing the exchange rate of the dinar against the dollar,”
9-3-2022 Intel Guru Bruce