3-31-2020 Intel Guru MarkZ [via PDK] [I have heard that CDC representatives will be at the redemption centers.] I have heard that the CDC along with Homeland Security have been going to all these centers to make sure provisions and guidelines are followed …I hope this is true and it will be a good and safe exchange process for us all.
3-31-2020 Newshound Guru MilitiaMan Article: "Currency Manipulation and Countervailing Duties" Quote: "On April 6, 2020, the rule is to go into effect and U.S. industries can begin submitting petitions for potential relief to the U.S. International Trade Commission and Commerce’s International Trade Administration" I'll bet that the data we are witnessing now out of Irag, USA, GB, CBs, etc., is that they are gearing for Iraq to be playing with the big boyz in and on the INTERNATIONAL STAGE!!! There are no coincidences imo...
3-31-2020 Newshound Guru Adam Montana Article: "The central bank clarifies the fact that it is not possible to pay salaries next month" Quote: "...Iraq's cash reserves are currently $ 60 billion," pointing out that "there is no reason to worry about that." Raise the value on the Dinar and their reserves are much more!
3-31-2020 Intel Guru Frank26 Question "..what is the most amazing thing that you see?" That they have stopped using the dollar and the mechanism [currency auctions] that uses the dollar. And the fact that that mechanism has has the potential to use the American dollar in a very fair way...
3-31-2020 Intel Guru MarkZ [via PDK] Still hearing good things about this week… Banking contacts are still hopeful they will see their funds release tomorrow…that is what they are being told…i don’t see how that is possible because of the logistics for exchange centers which are running on a skeleton crew. They have sick people with sick family members. I do not know how they will roll this out...They are still trying to figure this one out.
3-31-2020 Newshound Guru Pimpy As soon as someone finds out you're a millionaire man you can expect for people to find ways to try to scam it from you. Sue you for it, purposely accidentally fall down in your home. They're gonna do whatever it take to get the money from you. Let a lawyer set you up so that you're protected. In addition to that let a financial advising team set you up. You should tell yourself you don't want all your money at one time. Let your money be invested in such a way that you live off the interest and you never touch the principle. Be smart about it. [NOTE: Speak with your financial advisor at the appropriate time.] [post 2 of 2]
3-31-2020 Newshound Guru Pimpy ...for 86% of us you could be guaranteed that within 5 months [of rate change] you're gonna be flat broke. That's haunting. A lot of you out there are saying, 'man, that's not gonna happen to me.' But look most professional athletes that make hundreds of millions of dollars are flat broke within two year. That's because nobody teaches them how to manage money. I'm sure all those people said the same thing...just be smart about your money ... get an attorney that can set you up in a way where your assets are always protected. [post 1 of 2....stay tuned]
3-31-2020 Newshound Guru Kaperoni I had high hopes that this year significant progress was going to be made in Iraq regarding their economy and investment in the private sector. But in the last several weeks a lot has happened to set back the economy everything from the prime minister to low oil prices...to the Coronavirus. Until Iraq can get a new prime minister, a cabinet, parliament gets back to passing laws and the Coronavirus is resolved. I don't see the private sector opening up and investors coming to Iraq. And in 2013 the IMF was very clear on the direction for the dinar. They will create a diverse market economy/private sector and simultaneously float the Iraqi dinar to create an opportunity for the dinar to appreciate as a result of the success of the economy. Though this will give an opportunity for the dinar to go up in value, and also allow us as investors to possibly profit from that appreciation, it will never happen overnight...
3-31-2020 Newshound Guru MilitiaMan Article: "Currency Manipulation and Countervailing Duties" Quote: "On April 6, 2020, the rule is to go into effect and U.S. industries can begin submitting petitions for potential relief to the U.S. International Trade Commission and Commerce’s International Trade Administration" I'll bet that the data we are witnessing now out of Irag, USA, GB, CBs, etc., is that they are gearing for Iraq to be playing with the big boyz in and on the INTERNATIONAL STAGE!!! There are no coincidences imo...
3-31-2020 Newshound Guru Adam Montana Article: "The central bank clarifies the fact that it is not possible to pay salaries next month" Quote: "...Iraq's cash reserves are currently $ 60 billion," pointing out that "there is no reason to worry about that." Raise the value on the Dinar and their reserves are much more!
3-31-2020 Intel Guru Frank26 Question "..what is the most amazing thing that you see?" That they have stopped using the dollar and the mechanism [currency auctions] that uses the dollar. And the fact that that mechanism has has the potential to use the American dollar in a very fair way...
3-31-2020 Intel Guru MarkZ [via PDK] Still hearing good things about this week… Banking contacts are still hopeful they will see their funds release tomorrow…that is what they are being told…i don’t see how that is possible because of the logistics for exchange centers which are running on a skeleton crew. They have sick people with sick family members. I do not know how they will roll this out...They are still trying to figure this one out.
3-31-2020 Newshound Guru Pimpy As soon as someone finds out you're a millionaire man you can expect for people to find ways to try to scam it from you. Sue you for it, purposely accidentally fall down in your home. They're gonna do whatever it take to get the money from you. Let a lawyer set you up so that you're protected. In addition to that let a financial advising team set you up. You should tell yourself you don't want all your money at one time. Let your money be invested in such a way that you live off the interest and you never touch the principle. Be smart about it. [NOTE: Speak with your financial advisor at the appropriate time.] [post 2 of 2]
3-31-2020 Newshound Guru Pimpy ...for 86% of us you could be guaranteed that within 5 months [of rate change] you're gonna be flat broke. That's haunting. A lot of you out there are saying, 'man, that's not gonna happen to me.' But look most professional athletes that make hundreds of millions of dollars are flat broke within two year. That's because nobody teaches them how to manage money. I'm sure all those people said the same thing...just be smart about your money ... get an attorney that can set you up in a way where your assets are always protected. [post 1 of 2....stay tuned]
3-31-2020 Newshound Guru Kaperoni I had high hopes that this year significant progress was going to be made in Iraq regarding their economy and investment in the private sector. But in the last several weeks a lot has happened to set back the economy everything from the prime minister to low oil prices...to the Coronavirus. Until Iraq can get a new prime minister, a cabinet, parliament gets back to passing laws and the Coronavirus is resolved. I don't see the private sector opening up and investors coming to Iraq. And in 2013 the IMF was very clear on the direction for the dinar. They will create a diverse market economy/private sector and simultaneously float the Iraqi dinar to create an opportunity for the dinar to appreciate as a result of the success of the economy. Though this will give an opportunity for the dinar to go up in value, and also allow us as investors to possibly profit from that appreciation, it will never happen overnight...
3-30-2020 Intel Guru Footforward Question: "Are you still confident that we are looking for a rate change in the near future..." I can't give financial advice or investment advice. I'm not a financial expert. But it's my opinion MANY things are coming together that have been spoken of. And IMO, it's the best window we have seen since 2003.
3-30-2020 Newshound Guru Pimpy People keep asking me about these 800 numbers...I've spoken to my bank about what we need to do there in exchange and never once did they bring up 800 numbers. As a matter of fact I don't trust anything about these 800 numbers that's being told out there. There's no validity to it whatsoever...
3-30-2020 Intel Guru Frank26 Question "...If it's political for not moving things forward, who's responsible?" ...it was the elite supreme bozos from Iran. They had full control of Iraq. And it's interesting how just in a handful of weeks boom! BOOM! That control that grip has been melted away. And Donald Trump I think had a big part of it. And then this coronavirus was just a bonus. And I say it's political because it's extremely political...the communist democrats of United State of America don't want Trump to have this at all...we all know who the bad guys are and we all know who the good guys are...
3-30-2020 Intel Guru MarkZ [via PDK] Redemption Centers did not work this weekend. They do not have any idea when they go back in. It really was a quiet weekend. Im guessing we will see oil prices drop sub-$20 soon…maybe even today. It may drop down to $12-$15 bucks…there is not demand…notice how empty the roads are. IMO They are forcing the need for a reset.
3-30-2020 Newshound Guru Pimpy The temporary PM has now gotten a green light...the factions finally got together...Zafari is now a candidate and all the voting blocks had recommended him. Yay! Finally they agreed on something. On March 16 the president Selih had appointed him as the temporary PM but now he's been approved by all the different parliamentary blocks. Thank goodness...that's a step in the right direction...his name has now been officially recommended.
3-30-2020 Intel Guru Frank26 Question "In Your opinion if...Iraq chooses to go bankrupt what will happen to the Iraqi government and the economy? Can Iraq still RI after that?" I don't think that Donald Trump would allow that. I don't think Trump would allow the cancer that is in Iraq to kill Iraq. No...
3-30-2020 Newshound Guru MilitiaMan Article: "Parliamentary Economy: Resorting to the central reserve will not affect the exchange rate of the dinar" Quote: "As a medium of exchange, it trades only within the nation of Iraq, which makes it a “soft currency”. Unlike “hard currencies”, like the US dollar or the euro, the Iraqi dinar is not used to settle claims on international markets. This can make the international Iraqi dinar exchange rate uncertain." The above suggests they now are ready to go into the secondary markets. And to do so they have to be a hard currency.. Not a soft one. Hard currencies are international currencies with an internationally acceptable exchange rate... The ISX is under curfew? Why, when they can trade electronically or can they? I'll bet the inter connectivity to the NSDAQ has something to do with it... They are a secondary market platform, are they not? Starting to get clearer? I sure hope so!! It is sure is a beacon of light, imo..
3-30-2020 Intel Guru Frank26 Question: How much advance notice will currency dealers be given before the rate changes? IMO anywhere from I'd say 6 to 8 hours. I know my broker will be notified. He has to be. He has to make a decision. He can still sell dinars...he can shut down. And if he shuts down selling dinar well then you tell those that gave you the license...that relationship is personal between the Treasury of the United States of America and my dealer...so how much notice? IMO the time period that you are asleep...
3-30-2020 Newshound Guru Pimpy People keep asking me about these 800 numbers...I've spoken to my bank about what we need to do there in exchange and never once did they bring up 800 numbers. As a matter of fact I don't trust anything about these 800 numbers that's being told out there. There's no validity to it whatsoever...
3-30-2020 Intel Guru Frank26 Question "...If it's political for not moving things forward, who's responsible?" ...it was the elite supreme bozos from Iran. They had full control of Iraq. And it's interesting how just in a handful of weeks boom! BOOM! That control that grip has been melted away. And Donald Trump I think had a big part of it. And then this coronavirus was just a bonus. And I say it's political because it's extremely political...the communist democrats of United State of America don't want Trump to have this at all...we all know who the bad guys are and we all know who the good guys are...
3-30-2020 Intel Guru MarkZ [via PDK] Redemption Centers did not work this weekend. They do not have any idea when they go back in. It really was a quiet weekend. Im guessing we will see oil prices drop sub-$20 soon…maybe even today. It may drop down to $12-$15 bucks…there is not demand…notice how empty the roads are. IMO They are forcing the need for a reset.
3-30-2020 Newshound Guru Pimpy The temporary PM has now gotten a green light...the factions finally got together...Zafari is now a candidate and all the voting blocks had recommended him. Yay! Finally they agreed on something. On March 16 the president Selih had appointed him as the temporary PM but now he's been approved by all the different parliamentary blocks. Thank goodness...that's a step in the right direction...his name has now been officially recommended.
3-30-2020 Intel Guru Frank26 Question "In Your opinion if...Iraq chooses to go bankrupt what will happen to the Iraqi government and the economy? Can Iraq still RI after that?" I don't think that Donald Trump would allow that. I don't think Trump would allow the cancer that is in Iraq to kill Iraq. No...
3-30-2020 Newshound Guru MilitiaMan Article: "Parliamentary Economy: Resorting to the central reserve will not affect the exchange rate of the dinar" Quote: "As a medium of exchange, it trades only within the nation of Iraq, which makes it a “soft currency”. Unlike “hard currencies”, like the US dollar or the euro, the Iraqi dinar is not used to settle claims on international markets. This can make the international Iraqi dinar exchange rate uncertain." The above suggests they now are ready to go into the secondary markets. And to do so they have to be a hard currency.. Not a soft one. Hard currencies are international currencies with an internationally acceptable exchange rate... The ISX is under curfew? Why, when they can trade electronically or can they? I'll bet the inter connectivity to the NSDAQ has something to do with it... They are a secondary market platform, are they not? Starting to get clearer? I sure hope so!! It is sure is a beacon of light, imo..
3-30-2020 Intel Guru Frank26 Question: How much advance notice will currency dealers be given before the rate changes? IMO anywhere from I'd say 6 to 8 hours. I know my broker will be notified. He has to be. He has to make a decision. He can still sell dinars...he can shut down. And if he shuts down selling dinar well then you tell those that gave you the license...that relationship is personal between the Treasury of the United States of America and my dealer...so how much notice? IMO the time period that you are asleep...
3-29-2020 Intel Guru Okie_Oil_Man GOOD SUNDAY AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS...GIVEN ALL THE INFORMATION FURNISHED ME WITHIN THE LAST 2 DAYS LEADS ME TO HOPE THIS WILL BE ONE OF MY LAST POSTS. INTEL FURNISHED FROM "THE TOP" STATES WE ARE IN OUR FINAL WEEK OF WANDERING AND WAITING PREDICATED ON THE MANDATE OF MARCH 31 REQUIREMENT OF COMPLETION. I WAS INFORMED OF BANKS AND REDEMPTION CENTERS BEING ON THE ALERT FOR AN ANY MOMENT NOTIFICATION FOR PROCESS STARTING... WE SHOULD BE RECEIVING OUR NOTIFICATIONS IN A VERY SHORT ORDER. THE RATES ARE EXCEPTIONAL AND WILL MORE THAN FULFILL ANY NEEDS, ASPIRATION, OR WISHES WE MAY HAVE.
3-29-2020 Newshound Guru Pimpy I would deposit that one million dinars into my account and in there would reflect 3 million U.S. dollars. That's how it works. And there would be a fee taken out...If you're expecting to come skipping out with millions of dollars in a bag - that's not going to happen. Once the money is put into your account you will have access to some of it right away. I think for some banks there is a process in which they take the currencies and they will send it off and there's a slight hold on it...as far as you wanting the cash money itself, the paper money in exchange, you will have access to X amount of it upfront and then you have to order the rest. If you wanted a million dollars in cash you would have to tell your bank manager to order the money for you because a lot of banks don't hold that much money... [Post 2 of 2]
3-29-2020 Intel Guru Frank26 ...as far as when the Iraqi stock exchange will reopen and as far as is it related to the reinstatement of the Iraqi dinar I don't know. You think it would be. If it is - everything [budget, cabinet, rate] before they open is logical isn't it? That's my option...
3-29-2020 Newshound Guru Pimpy ...we need more than a rate change to happen in Iraq in order for us to benefit from a rate change. It must be recognized internationally in most cases for banks to do the exchange. Some Chase locations are already making exceptions regardless of the currency being recognized internationally or not. You can exchange the dinar there...there's gonna be a fee once the exchange happens. I believe it's around 1%. They'll charge you 1% fee to make the exchange...just for the sake of it I'm gonna use round numbers. Let's say I have a thousand dinar and it's now $3 for every one dinar. I would deposit my 1,000 dinar into my account and they would exchange it and in my account would reflect 3,000 US dollars...If I had one million dinars and it was 3 to 1... [Post 1 of 2...stay tuned]
3-29-2020 Newshound Guru Jeff ...Let's say Iraq were to change the rate on Sunday April 12th. Those two email correspondences from those brokerage firms [Reference Guru Jeff's post on 3-27-2020] state they would reopen on Sunday the 12th. Let's say the rate were to change on the 12th. "The trading floor is currency open 6 hours a week Sunday, Tuesday and Thursday from 10am to 12 noon." ...if the rate were to change on Sunday it doesn't matter if the ISX reopens for business because the fact that they don't even start trading until 10am Sunday morning. That would be after the rate change. My point is if the rate were to change on Sunday the 12th the rate would change while the ISX is still closed...
3-29-2020 Newshound Guru Pimpy I would deposit that one million dinars into my account and in there would reflect 3 million U.S. dollars. That's how it works. And there would be a fee taken out...If you're expecting to come skipping out with millions of dollars in a bag - that's not going to happen. Once the money is put into your account you will have access to some of it right away. I think for some banks there is a process in which they take the currencies and they will send it off and there's a slight hold on it...as far as you wanting the cash money itself, the paper money in exchange, you will have access to X amount of it upfront and then you have to order the rest. If you wanted a million dollars in cash you would have to tell your bank manager to order the money for you because a lot of banks don't hold that much money... [Post 2 of 2]
3-29-2020 Intel Guru Frank26 ...as far as when the Iraqi stock exchange will reopen and as far as is it related to the reinstatement of the Iraqi dinar I don't know. You think it would be. If it is - everything [budget, cabinet, rate] before they open is logical isn't it? That's my option...
3-29-2020 Newshound Guru Pimpy ...we need more than a rate change to happen in Iraq in order for us to benefit from a rate change. It must be recognized internationally in most cases for banks to do the exchange. Some Chase locations are already making exceptions regardless of the currency being recognized internationally or not. You can exchange the dinar there...there's gonna be a fee once the exchange happens. I believe it's around 1%. They'll charge you 1% fee to make the exchange...just for the sake of it I'm gonna use round numbers. Let's say I have a thousand dinar and it's now $3 for every one dinar. I would deposit my 1,000 dinar into my account and they would exchange it and in my account would reflect 3,000 US dollars...If I had one million dinars and it was 3 to 1... [Post 1 of 2...stay tuned]
3-29-2020 Newshound Guru Jeff ...Let's say Iraq were to change the rate on Sunday April 12th. Those two email correspondences from those brokerage firms [Reference Guru Jeff's post on 3-27-2020] state they would reopen on Sunday the 12th. Let's say the rate were to change on the 12th. "The trading floor is currency open 6 hours a week Sunday, Tuesday and Thursday from 10am to 12 noon." ...if the rate were to change on Sunday it doesn't matter if the ISX reopens for business because the fact that they don't even start trading until 10am Sunday morning. That would be after the rate change. My point is if the rate were to change on Sunday the 12th the rate would change while the ISX is still closed...
3-28-2020 Intel Guru Frank26 The good thing is that they are actually talking about 'lifting the 3 zeros' being postponed due to the corona virus. Which IMO mean they were in the process of lifting it. We were that close for a third time. God willing the CBI will return back to it after this corona has apexed...the beauty of it all is that they admit they were going to do it. They admit they are going to do it. And they admit they are going to go back to it after this corona virus is under control...that is cool.
3-28-2020 Intel Guru MarkZ ...it’s such a logistical nightmare right now. How to have enough people to staff exchanges…how to make sure everybody stays healthy…how to handle it and limit the time and exposure? It’s a process and they are working on it. One thing we are good at is waiting…we don’t like it but we are good at it. One good thing if they roll this out in pieces is…we know people are going and our turn is next…
3-28-2020 Newshound Guru Pimpy ...Vietnam dong is looking pretty good...we don't talk about it that often because the Vietnam dong situation is much different than what's going on in Iraq. Over in Vietnam their economy continues to grow and its grown at a pretty fast rate. This is in spite of the coronavirus...Vietnam is going to have a hard time trying to keep the rate that they're at now. They're gonna be forced to change and for more reason than one...the Vietnam dong is gaining against the US dollar. This is what we want. In addition we know April 6 there are some new penalties for those people who are still violating and manipulating their currency...
3-28-2020 Newshound Guru MilitiaMan Article: "Head of the government follow-up cell: Iraq may resort to printing currency to secure employee salaries..The crisis will begin early next month" Now we see additional data that tells us that an option is on the table to print money? More money to depreciate the value of the IQD? Lol! I think not!! They are not going to use an option like that at this stage. The FACT is Alak told us point blank they were not going to devalue the IQD...So, now what we know is that Alak is not going to devalue the currency, they have no option now but to revalue the IQD and with a powerful international rate...As they will be using valuable reserves that will effect their future ability to do things. We know they already printed the NSCNs, they most likely minted coins too. ...we see the CBI setting date limits for Salaries when it is the job of the Financial Minister, we can see that a pattern has changed.. They are in a hurry...I am liken this and big time...
3-28-2020 Intel Guru Delta ...I might be wrong but my opinion is that come April the Central Bank of Iraq is gonna make the move...remember if they are going to increase the value...they want to be sure they paid salaries before they do anything. They are moving very fast to pay those salaries...I've never seen the CBI rushing the citizens...to [give] a due date, 'You have by Tuesday to go get your money.' It never happened before...I do believe after they pay all the salaries the Central Bank of Iraq has to move forward and raise the value...they have only one month. Next month and then it's a disaster for Iraq. They have to come up ASAP...
3-28-2020 Intel Guru Frank26 ...no body knows the date or the rate...at this pace. If I didn't know any better. It sure feels like the same thing that happened in Kuwait. There was every reason for it not to happen. There was every delay and every reason for it not to go up in value and then all of a sudden - BOOM! We woke up and their money went up in value. This is very interesting.
3-28-2020 Newshound Guru Pimpy ...these people are in such an economical financial crunch they need to increase the rate. They need the increase very soon before they can't recoup. They need to do this so they can start buying the things they need to get the country kick-started and rebuilding...99% of us feel like for some reason this coronavirus is just a distraction...
3-28-2020 Intel Guru MarkZ [via PDK] [Rate on Dong?] I am still hearing it is supposed to release on the street between .45 to .50 cents and fluctuate up. I am told the contract rate will still be in the low $2 range…treat it as rumor...
3-28-2020 Intel Guru MarkZ ...it’s such a logistical nightmare right now. How to have enough people to staff exchanges…how to make sure everybody stays healthy…how to handle it and limit the time and exposure? It’s a process and they are working on it. One thing we are good at is waiting…we don’t like it but we are good at it. One good thing if they roll this out in pieces is…we know people are going and our turn is next…
3-28-2020 Newshound Guru Pimpy ...Vietnam dong is looking pretty good...we don't talk about it that often because the Vietnam dong situation is much different than what's going on in Iraq. Over in Vietnam their economy continues to grow and its grown at a pretty fast rate. This is in spite of the coronavirus...Vietnam is going to have a hard time trying to keep the rate that they're at now. They're gonna be forced to change and for more reason than one...the Vietnam dong is gaining against the US dollar. This is what we want. In addition we know April 6 there are some new penalties for those people who are still violating and manipulating their currency...
3-28-2020 Newshound Guru MilitiaMan Article: "Head of the government follow-up cell: Iraq may resort to printing currency to secure employee salaries..The crisis will begin early next month" Now we see additional data that tells us that an option is on the table to print money? More money to depreciate the value of the IQD? Lol! I think not!! They are not going to use an option like that at this stage. The FACT is Alak told us point blank they were not going to devalue the IQD...So, now what we know is that Alak is not going to devalue the currency, they have no option now but to revalue the IQD and with a powerful international rate...As they will be using valuable reserves that will effect their future ability to do things. We know they already printed the NSCNs, they most likely minted coins too. ...we see the CBI setting date limits for Salaries when it is the job of the Financial Minister, we can see that a pattern has changed.. They are in a hurry...I am liken this and big time...
3-28-2020 Intel Guru Delta ...I might be wrong but my opinion is that come April the Central Bank of Iraq is gonna make the move...remember if they are going to increase the value...they want to be sure they paid salaries before they do anything. They are moving very fast to pay those salaries...I've never seen the CBI rushing the citizens...to [give] a due date, 'You have by Tuesday to go get your money.' It never happened before...I do believe after they pay all the salaries the Central Bank of Iraq has to move forward and raise the value...they have only one month. Next month and then it's a disaster for Iraq. They have to come up ASAP...
3-28-2020 Intel Guru Frank26 ...no body knows the date or the rate...at this pace. If I didn't know any better. It sure feels like the same thing that happened in Kuwait. There was every reason for it not to happen. There was every delay and every reason for it not to go up in value and then all of a sudden - BOOM! We woke up and their money went up in value. This is very interesting.
3-28-2020 Newshound Guru Pimpy ...these people are in such an economical financial crunch they need to increase the rate. They need the increase very soon before they can't recoup. They need to do this so they can start buying the things they need to get the country kick-started and rebuilding...99% of us feel like for some reason this coronavirus is just a distraction...
3-28-2020 Intel Guru MarkZ [via PDK] [Rate on Dong?] I am still hearing it is supposed to release on the street between .45 to .50 cents and fluctuate up. I am told the contract rate will still be in the low $2 range…treat it as rumor...
3-27-2020 Intel Guru Footforward Quote: "BREAKING: The Pentagon has ordered military commanders to plan for an escalation of American combat in Iraq, issuing a directive last week to prepare a campaign to destroy an Iranian-backed militia group that has threatened more attacks against American troops - NYT" I'd translate that as they want one more big push to rid Iraq of Iran so the RV can happen. If [I ?] suspect major crushing sanctions to be put on Iraq if they don't revalue their currency in the near future. Just my opinion.
3-27-2020 Newshound Guru Jeff ...this is a brokerage firm [Al Karmal]... they're affiliated with the ISX stock trading. They received a correspondent from the main government of Iraq...Quote "The trading session will be held on 12th April 2020 as the ISX announcement today"...the bottom sentence says the trading session will be held on April 12th...There's another securities company that said the same thing. It's an official announcement from another securities company - Rabee Securities...Quote "...the next trading session will resume on April 12th"...this is two official email releases. Two stock traders...one brokerage. One securities...that's huge. Remember the U.S. did not stop trading stocks within the U.S. Not one other country has stopped electronic trading due to coronavirus yet Iraq has...Iraq's economy to reopen exactly on the same time frame that Donald Trump has. Trump has Iraq's economy timed with our economy...I have now confirmed to you with solid factual proof that all of the [Iraq's] financial markets are going to be closed for a period of 4 weeks...the longest I've ever seen their ISX shut down in 11 years is no more than a week...this is huge confirming news...
3-27-2020 Intel Guru Frank26 IMO I don't believe the auctions are gonna come back again with the American dollar the way they've been using them. I believe this window is a bridge that has allowed them to change exactly in the direction that they want. They're going to add value to their currency, enter the international world. Their currency will be up on FOREX traded internationally...
3-27-2020 Newshound Guru Adam Montana Article: "Corona may revitalize the Iraqi economy .. Baghdad is on the cusp of exemptions from foreign debt payments" Another financial article...regarding Iraq's debt obligations - a few comments were made about how this could be a doorway to a GCR. While I don't subscribe to a universal "reset" happening, there are some valid portions of the theory... and the current global financial situation is edging closer and closer to something big happening, which could easily incorporate a major increase in the Dinar. All they would be doing is piggybacking on larger events, and this is a real possibility. When the world is at it's craziest, and all focus is elsewhere...suddenly!
3-27-2020 Newshound Guru Jeff ...without a shadow of a doubt the [Iraqi] stock market is closed...In the top right corner of the website it said "latest update 3-16"...the last stock trade occurred on 3-16 and it has been shut down since 3-17...[Guru] Pimpy was 100% incorrect [Reference Guru Pimpy's post on 3-27-2020] . The stock market is not open. It is shut down and it's going to remain shut down until Saturday April Saturday April 11th. Reopening on the 12th...
3-27-2020 Newshound Guru Pimpy ...the ISX is now open...trading has started up again. We do not see so far any change in the currency rate. I can tell you we're seeing some movement in a positive direction as far as those individual stocks are concerned...it's been down since the 16th so it's been down 10 days...we were anticipating it being down in the hopes of the rate change taking place. That's what we were looking for. We don't see the rate change yet. All the ISX could have done is at least set itself up for the rate change to happen...lets hope their purpose for shutting down is the fact that a rate change took place...
3-27-2020 Intel Guru Frank26 ...all the right pieces are in the right places to push the button to raise the value of the currency...these are the things we dream about, that we salivate about, that I sometimes cry about...now you've got Allaq from the CBI boldly coming out and saying this is the only solution - our monetary reforms, to lift the 3 zeros, add value, we've got to move forward...
3-27-2020 Newshound Guru Jeff ...this is a brokerage firm [Al Karmal]... they're affiliated with the ISX stock trading. They received a correspondent from the main government of Iraq...Quote "The trading session will be held on 12th April 2020 as the ISX announcement today"...the bottom sentence says the trading session will be held on April 12th...There's another securities company that said the same thing. It's an official announcement from another securities company - Rabee Securities...Quote "...the next trading session will resume on April 12th"...this is two official email releases. Two stock traders...one brokerage. One securities...that's huge. Remember the U.S. did not stop trading stocks within the U.S. Not one other country has stopped electronic trading due to coronavirus yet Iraq has...Iraq's economy to reopen exactly on the same time frame that Donald Trump has. Trump has Iraq's economy timed with our economy...I have now confirmed to you with solid factual proof that all of the [Iraq's] financial markets are going to be closed for a period of 4 weeks...the longest I've ever seen their ISX shut down in 11 years is no more than a week...this is huge confirming news...
3-27-2020 Intel Guru Frank26 IMO I don't believe the auctions are gonna come back again with the American dollar the way they've been using them. I believe this window is a bridge that has allowed them to change exactly in the direction that they want. They're going to add value to their currency, enter the international world. Their currency will be up on FOREX traded internationally...
3-27-2020 Newshound Guru Adam Montana Article: "Corona may revitalize the Iraqi economy .. Baghdad is on the cusp of exemptions from foreign debt payments" Another financial article...regarding Iraq's debt obligations - a few comments were made about how this could be a doorway to a GCR. While I don't subscribe to a universal "reset" happening, there are some valid portions of the theory... and the current global financial situation is edging closer and closer to something big happening, which could easily incorporate a major increase in the Dinar. All they would be doing is piggybacking on larger events, and this is a real possibility. When the world is at it's craziest, and all focus is elsewhere...suddenly!
3-27-2020 Newshound Guru Jeff ...without a shadow of a doubt the [Iraqi] stock market is closed...In the top right corner of the website it said "latest update 3-16"...the last stock trade occurred on 3-16 and it has been shut down since 3-17...[Guru] Pimpy was 100% incorrect [Reference Guru Pimpy's post on 3-27-2020] . The stock market is not open. It is shut down and it's going to remain shut down until Saturday April Saturday April 11th. Reopening on the 12th...
3-27-2020 Newshound Guru Pimpy ...the ISX is now open...trading has started up again. We do not see so far any change in the currency rate. I can tell you we're seeing some movement in a positive direction as far as those individual stocks are concerned...it's been down since the 16th so it's been down 10 days...we were anticipating it being down in the hopes of the rate change taking place. That's what we were looking for. We don't see the rate change yet. All the ISX could have done is at least set itself up for the rate change to happen...lets hope their purpose for shutting down is the fact that a rate change took place...
3-27-2020 Intel Guru Frank26 ...all the right pieces are in the right places to push the button to raise the value of the currency...these are the things we dream about, that we salivate about, that I sometimes cry about...now you've got Allaq from the CBI boldly coming out and saying this is the only solution - our monetary reforms, to lift the 3 zeros, add value, we've got to move forward...
3-26-2020 Newshound Guru Jeff What did I tell you was needed for a rate change? To shut down the financial markets. And they did and they're still down...the financial markets within Iraq have now been down for a period of two weeks. I told you that in my opinion the financial markets would be down down for a period of 4 weeks..
3-26-2020 Newshound Guru Pimpy ...people are asking about the rate...to me it just makes sense that they come out with $1.34...I also made an argument why they could start off at the reinstated rate $3.22. They have nothing right now. They need more purchasing power so that they can turn around and buy a ton of things. This is another reason why I think they're going to come out with a managed rate not a free float...I hate to say this but most likely be reinstated at $3.22 rate but not for very long...a rate that high will not allow them to develop economically. They would not be able to compete on the open trade market with such a high rate. They'll most likely get back down to around $1.34...but don't be surprised if they don't come out with the $1.34 first.
3-26-2020 Intel Guru Frank26 The CBI has done the impossible...I said we are never going to have an RI until we control Iran. Sure enough we've got Iran controlled - Security and stability...Number 2: Stop the dog gone using of the American dollar in your country...the only way is to stop the auctions...here comes the coronavirus...that's a good excuse...Now you have a window so big you can throw the Empire State Building through it. They're not using the auctions...oil is dropping so low these guys have been pushed at the edge of the diving board...the only option is to jump in the international pool...raise the value...this is exciting. We got everything we've ever dreamed of...
3-26-2020 Newshound Guru Adam Montana ...The IMF has stated that CoronaVirus is impacting the entire world, and Iraq is included... a reasonable reaction to that would be "Oh, great, another reason for Iraq to ask for more handouts!" Article: "The World Bank informs Iraq of its unwillingness to discuss any new loan for Baghdad with the status quo" ...a good article yesterday regarding the World Bank on Iraq...we've been expressing for some time now that it's time to stop enabling Iraq's policy of "pleading poverty". This may be the beginning of the end of that practice - in a good way, for us! They aren't broke, they have the means, and it's time for them to get it together.‼️...
3-26-2020 Newshound/Intel Guru Mnt Goat Article: "THREE LARGE SHIITE PARLIAMENTARY BLOCS, GIVE PRIME MINISTER-DESIGNATE ADNAN AL-ZORFI, THE GREEN LIGHT, TO FORM THE NEW IRAQI GOVERNMENT" I hope Zarfi can quickly form his government and get himself appointed as the permanent prime minister in time for the price of oil to go back up, maybe in a few months. If he can, then we might be in a good place to see the currency reform. I am still hearing that the CBI wants to do this project to delete the zeros and just needs the political obstacle gone and stability to return.
3-26-2020 Newshound Guru Kaperoni There is no such thing as a different rate inside Iraq vs outside Iraq. ...And a float in which market forces dictates the rate is the only real option...
3-26-2020 Newshound Guru Jeff ...the currency auction have still been shut down since 3-17 so nothing has happened since 3-18...the ISX is going to continue to be shut down through the end of the 28th and reopen on the 29th...IMO the ISX will stay shut down and not come back online until Monday April 13th. [Reference Guru Jeff Post on 3-25-2020]
3-26-2020 Newshound Guru Adam Montana We've been through a bit of a rollercoaster over the last few weeks and months, between the Kung Flu and the (old/new/quit/appointed/current) Iraqi Prime Minister (currently Adnan al-Zurufi), but we aren't forgetting about one of the biggest reasons for the recent Iraqi shake-up: Iran. A giant positive to reflect on right now is the lack of Iran in the news. One of the most recent items of note regarding Iran was their last ditch effort to hold on to power... and as I suspected, it seems to be falling flat. Keep your eyes on the prize, my friends... keep your eyes on the prize. Sometimes the most important news is what is NOT being talked about. This is a good thing. Also a good thing, and something that is not written yet, is the part on the wikipedia page about the upcoming rate change and Zurufi's role in the implementation.
3-26-2020 Newshound Guru Pimpy ...the PM just got the green light to establish his cabinet. And that came from the big block - the pro Iranian people...
3-26-2020 Newshound Guru Pimpy ...people are asking about the rate...to me it just makes sense that they come out with $1.34...I also made an argument why they could start off at the reinstated rate $3.22. They have nothing right now. They need more purchasing power so that they can turn around and buy a ton of things. This is another reason why I think they're going to come out with a managed rate not a free float...I hate to say this but most likely be reinstated at $3.22 rate but not for very long...a rate that high will not allow them to develop economically. They would not be able to compete on the open trade market with such a high rate. They'll most likely get back down to around $1.34...but don't be surprised if they don't come out with the $1.34 first.
3-26-2020 Intel Guru Frank26 The CBI has done the impossible...I said we are never going to have an RI until we control Iran. Sure enough we've got Iran controlled - Security and stability...Number 2: Stop the dog gone using of the American dollar in your country...the only way is to stop the auctions...here comes the coronavirus...that's a good excuse...Now you have a window so big you can throw the Empire State Building through it. They're not using the auctions...oil is dropping so low these guys have been pushed at the edge of the diving board...the only option is to jump in the international pool...raise the value...this is exciting. We got everything we've ever dreamed of...
3-26-2020 Newshound Guru Adam Montana ...The IMF has stated that CoronaVirus is impacting the entire world, and Iraq is included... a reasonable reaction to that would be "Oh, great, another reason for Iraq to ask for more handouts!" Article: "The World Bank informs Iraq of its unwillingness to discuss any new loan for Baghdad with the status quo" ...a good article yesterday regarding the World Bank on Iraq...we've been expressing for some time now that it's time to stop enabling Iraq's policy of "pleading poverty". This may be the beginning of the end of that practice - in a good way, for us! They aren't broke, they have the means, and it's time for them to get it together.‼️...
3-26-2020 Newshound/Intel Guru Mnt Goat Article: "THREE LARGE SHIITE PARLIAMENTARY BLOCS, GIVE PRIME MINISTER-DESIGNATE ADNAN AL-ZORFI, THE GREEN LIGHT, TO FORM THE NEW IRAQI GOVERNMENT" I hope Zarfi can quickly form his government and get himself appointed as the permanent prime minister in time for the price of oil to go back up, maybe in a few months. If he can, then we might be in a good place to see the currency reform. I am still hearing that the CBI wants to do this project to delete the zeros and just needs the political obstacle gone and stability to return.
3-26-2020 Newshound Guru Kaperoni There is no such thing as a different rate inside Iraq vs outside Iraq. ...And a float in which market forces dictates the rate is the only real option...
3-26-2020 Newshound Guru Jeff ...the currency auction have still been shut down since 3-17 so nothing has happened since 3-18...the ISX is going to continue to be shut down through the end of the 28th and reopen on the 29th...IMO the ISX will stay shut down and not come back online until Monday April 13th. [Reference Guru Jeff Post on 3-25-2020]
3-26-2020 Newshound Guru Adam Montana We've been through a bit of a rollercoaster over the last few weeks and months, between the Kung Flu and the (old/new/quit/appointed/current) Iraqi Prime Minister (currently Adnan al-Zurufi), but we aren't forgetting about one of the biggest reasons for the recent Iraqi shake-up: Iran. A giant positive to reflect on right now is the lack of Iran in the news. One of the most recent items of note regarding Iran was their last ditch effort to hold on to power... and as I suspected, it seems to be falling flat. Keep your eyes on the prize, my friends... keep your eyes on the prize. Sometimes the most important news is what is NOT being talked about. This is a good thing. Also a good thing, and something that is not written yet, is the part on the wikipedia page about the upcoming rate change and Zurufi's role in the implementation.
3-26-2020 Newshound Guru Pimpy ...the PM just got the green light to establish his cabinet. And that came from the big block - the pro Iranian people...
3-25-2020 Intel Guru Bruce [via WiserNow] ...First of all we got to talk about what’s going on with the congress – we know we have a bill that should have been passed today... and yes yes it does have something to do with our start...President Trump...wants this done and you guys know this will go during this COVID-19 situation...we are looking very good based on the information... I’m thinking we’ve got a possibility of getting notified in the afternoon but more than likely situation for Thursday – that is the latest update I have received...
3-25-2020 Newshound Guru Breitling ...we're looking for a long term trend and here we are. I told you guys it was going to be $26 per barrel. It's going to get there and it's going to be there a while. That's going to put pressure on Iraq to add value to their currency...
3-25-2020 Newshound Guru Jeff ...the whole rate change itself is about a 4-week process...the reason why we saw the country of Iraq shut down their financial markets is because they did start the rate change process that week. Again it's a process. It's not just an overnight flip of a switch. They actually started the rate change last week - which is roughly week 1...we're now in week 2 so we have about two more weeks. That would take us to a possible rate change period of somewhere around the weekend of April 12th which is Easter Sunday...
3-25-2020 Newshound Guru Pimpy ...I believe everything is ready to happen. They're just gonna come out and announce whatever rate change it is. They're just gonna announce it. It's gonna happen instantly. Now that doesn't mean they won't have what's called a manage rate or "dirty float" and that is they're gonna manage it because if it's too much of a shock to the economy...
3-25-2020 Newshound Guru Breitling Question: "Is there any indication of how much Iraqi dinar the US government owns? Can you comment on the viability of the revaluation of the dinar to fund the stimulus package...?" The United States doesn't need money from anybody. Trump is trying to lower the value of the dollar so we can compete correctly. How do you do that? You have to inject money into the economy...we don't need Iraq's money. The government doesn't. I do. I'm speculating. But it doesn't work that way. You're putting heavy dinar goggles on. Our country is going to function whether Iraq exists or not...it's a good question but we don't need them for a stimulus package...
3-25-2020 Intel Guru MarkZ I definitely believe we are watching it [RV] roll out right now… [Okie was looking to land his plane today….] I wish I was as confident as he is and hope its true.
3-25-2020 Intel Guru Frank26 ...a currency swap was actually recently done with the Central Bank of Iraq and banks of the United States of America and other banks all around the world. This process is long. They've been working on it for a long time. Over a year. I thought they'd be ready this past January. No, they failed again and maybe it was because of the political B.S. of Iran. But we got that taken care of - stability and security. And we stopped the auctions and using the American dollar. The CBI and US banks made swaps. Around the middle part of December last year...this scenario is pressure because it's leading the IQD to the point of raising the value of the currency. It's the only solution for both the CBI and the GOI to pay their bills and build Iraq...They're running out of American dollars...oil is not selling at a very good price right now putting pressure on the CBI and the GOI to raise the value...it's all pointing in one direction...
3-25-2020 Newshound/Intel Guru Mnt Goat Article: "THE IRAQI PRESIDENT TRANSMITS THREE AMERICAN DEMANDS TO ADNAN AL-ZARFI" Quote: "...the American demands are summarized in three axes: First: Reducing the role of the popular crowd (Iranian backed) and keeping it away from influencing the Iraqi political decision. Second: to keep the Iranian influence from penetrating into the political and economic life of Iraq through frank and direct negotiations with Iran about that. Third: Opening up to the Arab and regional ocean countries away from Iranian dictates." So we are seeing the effort on the part of the US to get Iran out of Iraq and out of Iraqi politics. We all should know by now this is the impeding element in any progress towards currency reform.
3-25-2020 Newshound Guru Breitling ...we're looking for a long term trend and here we are. I told you guys it was going to be $26 per barrel. It's going to get there and it's going to be there a while. That's going to put pressure on Iraq to add value to their currency...
3-25-2020 Newshound Guru Jeff ...the whole rate change itself is about a 4-week process...the reason why we saw the country of Iraq shut down their financial markets is because they did start the rate change process that week. Again it's a process. It's not just an overnight flip of a switch. They actually started the rate change last week - which is roughly week 1...we're now in week 2 so we have about two more weeks. That would take us to a possible rate change period of somewhere around the weekend of April 12th which is Easter Sunday...
3-25-2020 Newshound Guru Pimpy ...I believe everything is ready to happen. They're just gonna come out and announce whatever rate change it is. They're just gonna announce it. It's gonna happen instantly. Now that doesn't mean they won't have what's called a manage rate or "dirty float" and that is they're gonna manage it because if it's too much of a shock to the economy...
3-25-2020 Newshound Guru Breitling Question: "Is there any indication of how much Iraqi dinar the US government owns? Can you comment on the viability of the revaluation of the dinar to fund the stimulus package...?" The United States doesn't need money from anybody. Trump is trying to lower the value of the dollar so we can compete correctly. How do you do that? You have to inject money into the economy...we don't need Iraq's money. The government doesn't. I do. I'm speculating. But it doesn't work that way. You're putting heavy dinar goggles on. Our country is going to function whether Iraq exists or not...it's a good question but we don't need them for a stimulus package...
3-25-2020 Intel Guru MarkZ I definitely believe we are watching it [RV] roll out right now… [Okie was looking to land his plane today….] I wish I was as confident as he is and hope its true.
3-25-2020 Intel Guru Frank26 ...a currency swap was actually recently done with the Central Bank of Iraq and banks of the United States of America and other banks all around the world. This process is long. They've been working on it for a long time. Over a year. I thought they'd be ready this past January. No, they failed again and maybe it was because of the political B.S. of Iran. But we got that taken care of - stability and security. And we stopped the auctions and using the American dollar. The CBI and US banks made swaps. Around the middle part of December last year...this scenario is pressure because it's leading the IQD to the point of raising the value of the currency. It's the only solution for both the CBI and the GOI to pay their bills and build Iraq...They're running out of American dollars...oil is not selling at a very good price right now putting pressure on the CBI and the GOI to raise the value...it's all pointing in one direction...
3-25-2020 Newshound/Intel Guru Mnt Goat Article: "THE IRAQI PRESIDENT TRANSMITS THREE AMERICAN DEMANDS TO ADNAN AL-ZARFI" Quote: "...the American demands are summarized in three axes: First: Reducing the role of the popular crowd (Iranian backed) and keeping it away from influencing the Iraqi political decision. Second: to keep the Iranian influence from penetrating into the political and economic life of Iraq through frank and direct negotiations with Iran about that. Third: Opening up to the Arab and regional ocean countries away from Iranian dictates." So we are seeing the effort on the part of the US to get Iran out of Iraq and out of Iraqi politics. We all should know by now this is the impeding element in any progress towards currency reform.
3-24-2020 Intel Guru Footforward ...people are mad because the RV hasn't happened yet. Don't be shaken! Look at all the signs that are happening!!!
3-24-2020 Intel Guru Delta Article: "The World Bank informs Iraq of its unwillingness to discuss any new loan for Baghdad with the status quo" IT'S ABOUT TIME... THANK U WORLD BANK...MUSIC TO MY EARS... BOOOOOOOOM.
3-24-2020 Newshound Guru Kaperoni ...Yes, the CBI is talking to the IMF about loans to manage the budget during this difficult time but there was no talk of raising the value of the dinar...Like I have already stated..there only really two options for Iraq...LOP the dinar (neutral event, minimal increase) or pass laws and build a private sector and float the dinar.
3-24-2020 Intel Guru Frank26 Question "Now that the auctions have been stopped..." You have to be careful with that. They've been stopped because of the curfew. Because of the virus. Will they come back? Will they come back different? Will they come back at the program rate? Will they come back with only their currency at a program rate or a new rate? This is where we're at with my teams... Question continues. "...in your opinion is Iraq implementing or planning their next course of action?" Yes. That's what our studies have all been. I believe their next course of action was to stop the auctions. To stop using the American dollar. BUT they did that! So I wonder what they're gonna do next - suddenly.
3-24-2020 Newshound/Intel Guru Mnt Goat Article: "THE US STATE DEPARTMENT REFUSES TO CONSIDER AL-ZARFI AS "SUPPORTED" BY WASHINGTON ONLY BUT RATHER SUPPORTED BASED ON PRINCIPLES FOR IRAQ" Quote: "The United States did not focus on individuals, but rather on principles related to the appointed Iraqi Prime Minister, Adnan Al-Zarfi..." please don’t go off half-cocked thinking this article means that the US does not support the new PM candidate al-Zarfi. This is NOT what it is saying. Instead Mr. Schenker is just down playing the inference that the US is controlling Iraq by supporting the new candidate and a puppet to the US. Instead he wanted to tell everyone the US supports the principles behind the man not just supporting a puppet prime minister...Actually this is really good news!
3-24-2020 Newshound Guru Pimpy I think once this coronavirus starts to subside a little bit you're gonna see some very very very quick actions. A lot of movement in Iraq. I really think they cannot continue to exist this way without a rate change. Whether they get to reinstate at $3.22 or whether I'm right and it's gonna be somewhere around $1.34...
3-24-2020 Newshound Guru Jeff ...I didn't say the rate changed. I said the rate change process started. We are in the middle of the rate change process right now. It has started...IMO we are approaching the end...
3-24-2020 Newshound Guru Breitling ...a little bit of privileged information. They kind of have a choice coming up. Do they want to revalue at a certain rate and then when the markets correct itself add value to it and get into the markets at a little bit of a higher rate so they can get gains on it. Because here's the problem, they can add value to their currency today they've always had that ability...but if they're not investing that they're not getting a return on it. They're just keeping their economy afloat...they have to structure this thing to where they can get into the markets...the more that they wait - the more that the market is in the position it's in - the higher the rate you and I get. And that's what's exciting. Because it just accelerated...
3-24-2020 Intel Guru Frank26 Question: Is it possible for the RI to be pushed out several months from the coronavirus epidemic? Of course it is but the way it's moving right now in the direction that it's going crescendo - peaking - almost over with, manufacturers helping, the whole economic world is not listening 'Oh it's a disaster' instead they're holding back and they're gonna move the moment Trump tells them. So is it possible that the RI could be pushed out several months...? Based on all those things that we've been saying and studying, no I just don't see that.
3-24-2020 Intel Guru Delta Article: "The World Bank informs Iraq of its unwillingness to discuss any new loan for Baghdad with the status quo" IT'S ABOUT TIME... THANK U WORLD BANK...MUSIC TO MY EARS... BOOOOOOOOM.
3-24-2020 Newshound Guru Kaperoni ...Yes, the CBI is talking to the IMF about loans to manage the budget during this difficult time but there was no talk of raising the value of the dinar...Like I have already stated..there only really two options for Iraq...LOP the dinar (neutral event, minimal increase) or pass laws and build a private sector and float the dinar.
3-24-2020 Intel Guru Frank26 Question "Now that the auctions have been stopped..." You have to be careful with that. They've been stopped because of the curfew. Because of the virus. Will they come back? Will they come back different? Will they come back at the program rate? Will they come back with only their currency at a program rate or a new rate? This is where we're at with my teams... Question continues. "...in your opinion is Iraq implementing or planning their next course of action?" Yes. That's what our studies have all been. I believe their next course of action was to stop the auctions. To stop using the American dollar. BUT they did that! So I wonder what they're gonna do next - suddenly.
3-24-2020 Newshound/Intel Guru Mnt Goat Article: "THE US STATE DEPARTMENT REFUSES TO CONSIDER AL-ZARFI AS "SUPPORTED" BY WASHINGTON ONLY BUT RATHER SUPPORTED BASED ON PRINCIPLES FOR IRAQ" Quote: "The United States did not focus on individuals, but rather on principles related to the appointed Iraqi Prime Minister, Adnan Al-Zarfi..." please don’t go off half-cocked thinking this article means that the US does not support the new PM candidate al-Zarfi. This is NOT what it is saying. Instead Mr. Schenker is just down playing the inference that the US is controlling Iraq by supporting the new candidate and a puppet to the US. Instead he wanted to tell everyone the US supports the principles behind the man not just supporting a puppet prime minister...Actually this is really good news!
3-24-2020 Newshound Guru Pimpy I think once this coronavirus starts to subside a little bit you're gonna see some very very very quick actions. A lot of movement in Iraq. I really think they cannot continue to exist this way without a rate change. Whether they get to reinstate at $3.22 or whether I'm right and it's gonna be somewhere around $1.34...
3-24-2020 Newshound Guru Jeff ...I didn't say the rate changed. I said the rate change process started. We are in the middle of the rate change process right now. It has started...IMO we are approaching the end...
3-24-2020 Newshound Guru Breitling ...a little bit of privileged information. They kind of have a choice coming up. Do they want to revalue at a certain rate and then when the markets correct itself add value to it and get into the markets at a little bit of a higher rate so they can get gains on it. Because here's the problem, they can add value to their currency today they've always had that ability...but if they're not investing that they're not getting a return on it. They're just keeping their economy afloat...they have to structure this thing to where they can get into the markets...the more that they wait - the more that the market is in the position it's in - the higher the rate you and I get. And that's what's exciting. Because it just accelerated...
3-24-2020 Intel Guru Frank26 Question: Is it possible for the RI to be pushed out several months from the coronavirus epidemic? Of course it is but the way it's moving right now in the direction that it's going crescendo - peaking - almost over with, manufacturers helping, the whole economic world is not listening 'Oh it's a disaster' instead they're holding back and they're gonna move the moment Trump tells them. So is it possible that the RI could be pushed out several months...? Based on all those things that we've been saying and studying, no I just don't see that.
3-23-2020 Intel Guru Okie_Oil_Man JUST A FAST FLY-BY — I AM BEING TOLD TO EXPECT LANDING PERMISSION WEDNESDAY 3-25...
3-23-2020 Newshound Guru Pimpy I agree with Trump. Once we get out of this coronavirus thing our economy is going to slingshot IMO...Trump thinks we're gonna be out of this by April. Well one of the things you could do is change the rate of the Iraqi dinar. We know people are holding it including countries everywhere. You can give the appearance of a stimulated economy...
3-23-2020 Intel Guru Frank26 ....one, two, three are the things we've dreamed about for years in order to raise the value of the currency. Security. Stability. Stop the auctions and they're not using the American dollar...if I was Steven Spielberg I don't think I could have even come up with a greater scrip than this for a Hollywood movie. 1-2-3 and then go to the bank honey!
3-23-2020 Newshound Guru Breitling Iraq can't just add value for no reason. Because any country could just add value to their currency. Why can Iraq add value? Because they are artificially below...it's not a foreseen thing, 'oh, Iraq is just going to add value to their currency.' No. They're correcting the value of their currency. That's actually the correct term. The Iraqi dinar is not at its correct value. They are artificially keeping it low because based on their supply times velocity and how they back up their currency they just print more currency and the value goes down. We have articles that specifically say that. What happens when they pull currency out of their markets? Their value goes up...It's not a far fetched thing that Iraq needs to add value to their currency. A. It's correcting the value of their currency. B. They need to because they have no options...
3-23-2020 Intel Guru MarkZ [if martial law is declared would we be able to go to the bank for exchanges?] Im still hearing that with our 800 numbers, via email we will get our travel documentation to exchange...according to sources and what they are told …we really are “any day now”. does this mean this week or this month….we just don’t know.
3-23-2020 Newshound Guru Jeff ...we know that they're not gonna want people coming into the banks regarding the whole coronavirus especially with the lock-downs...we ultimately know that the Trump Administration is in charge and then we know that Iraq's economically is going to start suffering if the rate doesn't change. There could be a solid chance that Iraq and Trump have met in the middle of this. Maybe they agreed to change the rate IMO tentatively agreed to change the rate during the month of April. Because April will start the new fiscal year...it gives the US a chance to implement a lock-down process for say two to three weeks...there could be a good chance they've selected the first half to the middle of April to change the rate...
3-23-2020 Newshound Guru Pimpy ...I got in a dispute with somebody. He keeps telling me that the IMF controls the rate of the Iraqi dinar. They don't control the rate. They make recommendations on monetary policies...The IMF works with the World Trade Organization and works with the United Nations. The United Nation is the one that has the sanctions on Iraq right now. People are going 'no they don't'. Yes they do...the CBI sets the rate under the guidance of the IMF and WTO. It does no good for the rate change if the UN doesn't allow them to be recognized internationally...once the CBI makes the rate change the currency must be recognized internationally. If the GOI had their way the rate would have been set exactly at $3.22. They have been bugging for year to have their rate reinstated...
3-23-2020 Intel Guru Frank26 Question: "Is it a coincidence that starting April 6th they're going to start sending out stimulus checks and on that same date all other countries have to stop using the dollar? ...I find this April 6th fascinating...
3-23-2020 Newshound Guru Breitling ...you and I are in an absolute phenomenal position...I've been getting emails asking 'How did you know it [oil] was gonna get down to $26 barrel?' ...This is a direct cause by policy. It doesn't matter if the coronavirus came out or not. The coronavirus accelerated it 100% in my mind...we knew we were gonna get to $26 a barrel...
3-23-2020 Newshound Guru Pimpy I agree with Trump. Once we get out of this coronavirus thing our economy is going to slingshot IMO...Trump thinks we're gonna be out of this by April. Well one of the things you could do is change the rate of the Iraqi dinar. We know people are holding it including countries everywhere. You can give the appearance of a stimulated economy...
3-23-2020 Intel Guru Frank26 ....one, two, three are the things we've dreamed about for years in order to raise the value of the currency. Security. Stability. Stop the auctions and they're not using the American dollar...if I was Steven Spielberg I don't think I could have even come up with a greater scrip than this for a Hollywood movie. 1-2-3 and then go to the bank honey!
3-23-2020 Newshound Guru Breitling Iraq can't just add value for no reason. Because any country could just add value to their currency. Why can Iraq add value? Because they are artificially below...it's not a foreseen thing, 'oh, Iraq is just going to add value to their currency.' No. They're correcting the value of their currency. That's actually the correct term. The Iraqi dinar is not at its correct value. They are artificially keeping it low because based on their supply times velocity and how they back up their currency they just print more currency and the value goes down. We have articles that specifically say that. What happens when they pull currency out of their markets? Their value goes up...It's not a far fetched thing that Iraq needs to add value to their currency. A. It's correcting the value of their currency. B. They need to because they have no options...
3-23-2020 Intel Guru MarkZ [if martial law is declared would we be able to go to the bank for exchanges?] Im still hearing that with our 800 numbers, via email we will get our travel documentation to exchange...according to sources and what they are told …we really are “any day now”. does this mean this week or this month….we just don’t know.
3-23-2020 Newshound Guru Jeff ...we know that they're not gonna want people coming into the banks regarding the whole coronavirus especially with the lock-downs...we ultimately know that the Trump Administration is in charge and then we know that Iraq's economically is going to start suffering if the rate doesn't change. There could be a solid chance that Iraq and Trump have met in the middle of this. Maybe they agreed to change the rate IMO tentatively agreed to change the rate during the month of April. Because April will start the new fiscal year...it gives the US a chance to implement a lock-down process for say two to three weeks...there could be a good chance they've selected the first half to the middle of April to change the rate...
3-23-2020 Newshound Guru Pimpy ...I got in a dispute with somebody. He keeps telling me that the IMF controls the rate of the Iraqi dinar. They don't control the rate. They make recommendations on monetary policies...The IMF works with the World Trade Organization and works with the United Nations. The United Nation is the one that has the sanctions on Iraq right now. People are going 'no they don't'. Yes they do...the CBI sets the rate under the guidance of the IMF and WTO. It does no good for the rate change if the UN doesn't allow them to be recognized internationally...once the CBI makes the rate change the currency must be recognized internationally. If the GOI had their way the rate would have been set exactly at $3.22. They have been bugging for year to have their rate reinstated...
3-23-2020 Intel Guru Frank26 Question: "Is it a coincidence that starting April 6th they're going to start sending out stimulus checks and on that same date all other countries have to stop using the dollar? ...I find this April 6th fascinating...
3-23-2020 Newshound Guru Breitling ...you and I are in an absolute phenomenal position...I've been getting emails asking 'How did you know it [oil] was gonna get down to $26 barrel?' ...This is a direct cause by policy. It doesn't matter if the coronavirus came out or not. The coronavirus accelerated it 100% in my mind...we knew we were gonna get to $26 a barrel...
3-22-2020 Intel Guru Frank26 Question: "...Why should we think that because we can no longer see results of the auctions that a public rate change might now be near other than the fact that the oil prices are about to tank their economy?" ...why shouldn't we expect it? It's based on everything we've seen. Everything we've see is for the reinstatement of the Iraqi dinar value. Everything they've been saying is the definition of the reinstatement of their currency...
3-22-2020 Newshound Guru Jeff ...when you look at what's happening with the coronavirus ultimately the Trump administration is in charge. IMO the Trump administration is not going... to change the rate and allow tons of people to come in to the banks to exchange foreign currency. That's the last thing they're going to allow to happen especially with military lock downs occurring...we do firmly believe we're at the finish line but we have to wait for things like the lock downs regarding the coronavirus to come to an end...I firmly believe we're at the end.
3-22-2020 Intel Guru Frank26 ...the government of Iraq goes out to the International world and they say we need money because we're about to go bankrupt as a country...and the article itself actually said nope. No. Raise the value of your currency...you know what to do. Finish your reforms...
3-22-2020 Newshound Guru Jeff ...as you know the rate has not changed as of yet...when you look at the facts it's very obvious. You don't have to be intelligent or anything to realize what Iraq is doing. Iraq has put their entire economy on hold. They can no longer go any further at this point with their economy until this rate changes...they've pretty much told us they're at the point and ready to change that rate...any forward economic progress is completely waiting on the rate change...
3-22-2020 Newshound Guru MilitiaMan ...The ISX is said to come on line Tuesday. They have had time to change the rate and adjust share pricing, they have had almost a week now to do so and will need the rate ahead of open... IMO That would be hush hush mind you!! Just as is the meeting with Mnuchin and Congress is today.. The timing of this is huge imo!! ...There are no coincidences here.. This is all coming together in sequence.. Sure there has been bumps in the road, but, the perfect storm is here and yet the sun is shining bright!
3-22-2020 Newshound Guru Pimpy there are a lot of people they had bet the house that something was gonna happen between this weekend and the end of the month. Is it possible? Of course it is. There sure are a lot of signs out there that point to something hopefully happening...
3-22-2020 Newshound Guru Jeff ...when you look at what's happening with the coronavirus ultimately the Trump administration is in charge. IMO the Trump administration is not going... to change the rate and allow tons of people to come in to the banks to exchange foreign currency. That's the last thing they're going to allow to happen especially with military lock downs occurring...we do firmly believe we're at the finish line but we have to wait for things like the lock downs regarding the coronavirus to come to an end...I firmly believe we're at the end.
3-22-2020 Intel Guru Frank26 ...the government of Iraq goes out to the International world and they say we need money because we're about to go bankrupt as a country...and the article itself actually said nope. No. Raise the value of your currency...you know what to do. Finish your reforms...
3-22-2020 Newshound Guru Jeff ...as you know the rate has not changed as of yet...when you look at the facts it's very obvious. You don't have to be intelligent or anything to realize what Iraq is doing. Iraq has put their entire economy on hold. They can no longer go any further at this point with their economy until this rate changes...they've pretty much told us they're at the point and ready to change that rate...any forward economic progress is completely waiting on the rate change...
3-22-2020 Newshound Guru MilitiaMan ...The ISX is said to come on line Tuesday. They have had time to change the rate and adjust share pricing, they have had almost a week now to do so and will need the rate ahead of open... IMO That would be hush hush mind you!! Just as is the meeting with Mnuchin and Congress is today.. The timing of this is huge imo!! ...There are no coincidences here.. This is all coming together in sequence.. Sure there has been bumps in the road, but, the perfect storm is here and yet the sun is shining bright!
3-22-2020 Newshound Guru Pimpy there are a lot of people they had bet the house that something was gonna happen between this weekend and the end of the month. Is it possible? Of course it is. There sure are a lot of signs out there that point to something hopefully happening...
3-21-2020 Newshound Guru MilitiaMan ...I believe from quite a few things that we could point to that supports this is #gameover...We haven’t seen any auctions of late...possibly because they are no longer going to be fed dollars to afford to be able to do them, as Iraq is to cease MCPs per Article 8 requirements of the IMF...So with Alak saying they are not going to devalue, oil having tanked and the dollar being scarce and has to cease being used in the auctions, the rate will have to increase! ...My conversation today with Delta, aside from the turmoil from the cv19, the time frame we are in now is the best I have ever seen to date. I am not alone on that.
3-21-2020 Newshound Guru Pimpy There's a lot of people banking on the dinar changing this weekend...my feeling [is] the rate change would most likely happen sometime by the end of March or beginning of April...there's plenty of reasons to believe that...it's very quiet out in the dinar land. Are people eagerly waiting to see if it happens or there's a lot of people who were bold enough to go ahead and make that prediction...we don't do dates and we don't do rates, the best that we could do is make an educated guess. No body knows okay but I told you there's many reasons why I felt that it was time for Iraq to go ahead and make the change to the dinar right now more than ever...let's keep our fingers crossed. Let's just pray for those people who've been effected by the corona virus...
3-21-2020 Newshound Guru chattels I had always hoped that Iraq could realize an increase in the value of the dinar by stability, security and sound economic development. Iraq in and of itself has no chance in the near term. Some global realignment may be our only hope for gain in the foreseeable future.
3-21-2020 Intel Guru MarkZ [via PDK] [No RV until Covid 19 is gone?] No…In order to make the helicopter money work…I believe they will time it at the same time for us to start hitting the banks. It’s a perfect cover... [What is Helicoptor money?] helicopter money is issued by the government [to] help people through a crises...
3-21-2020 Newshound Guru Pimpy ...I think what's happening with this whole coronavirus thing - it is crippling economies everywhere. Many people people have invested into the Iraqi dinar. One of the saving graces are gonna be the revaluation of the Iraqi dinar. It's going to give economies everywhere a much-needed boost...
3-21-2020 Newshound Guru Pimpy There's a lot of people banking on the dinar changing this weekend...my feeling [is] the rate change would most likely happen sometime by the end of March or beginning of April...there's plenty of reasons to believe that...it's very quiet out in the dinar land. Are people eagerly waiting to see if it happens or there's a lot of people who were bold enough to go ahead and make that prediction...we don't do dates and we don't do rates, the best that we could do is make an educated guess. No body knows okay but I told you there's many reasons why I felt that it was time for Iraq to go ahead and make the change to the dinar right now more than ever...let's keep our fingers crossed. Let's just pray for those people who've been effected by the corona virus...
3-21-2020 Newshound Guru chattels I had always hoped that Iraq could realize an increase in the value of the dinar by stability, security and sound economic development. Iraq in and of itself has no chance in the near term. Some global realignment may be our only hope for gain in the foreseeable future.
3-21-2020 Intel Guru MarkZ [via PDK] [No RV until Covid 19 is gone?] No…In order to make the helicopter money work…I believe they will time it at the same time for us to start hitting the banks. It’s a perfect cover... [What is Helicoptor money?] helicopter money is issued by the government [to] help people through a crises...
3-21-2020 Newshound Guru Pimpy ...I think what's happening with this whole coronavirus thing - it is crippling economies everywhere. Many people people have invested into the Iraqi dinar. One of the saving graces are gonna be the revaluation of the Iraqi dinar. It's going to give economies everywhere a much-needed boost...
3-20-2020 Intel Guru Okie_Oil_Man GOOD FRIDAY AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS...AS I HAVE STATED PREVIOUSLY THIS WEEKEND SHOULD SPELL OUT A LOT OF INFO AND RESULTS FOR US. ...I PERSONALLY FOUND OUT TODAY THAT YES — MY BANK IS CLOSED THRU MONDAY WITH ONLY THE DRIVE THRU BEING OPEN. THIS HAD BEEN RUMORED IN THE PAST BUT THE PROOF CAME TODAY. ...I AM STILL BEING TOLD ABOUT THE IMMINENT LANDING PERMISSION I THOUGHT WAS THIS WEEKEND BUT IT MAY BE THE FIRST PART OF NEXT WEEK. ...I FEEL THE BANK CLOSURE I AM AWARE OF BEING TRUE LENDS CREDENCE TO THE INEVITABLE INFORMATION BEING CIRCULATED. ...I AM HOWEVER STAYING GROUNDED WITH AN OPINION UNTIL AND WHEN I SEE THE HARD EVIDENCE OF THE EXCHANGE, I AM ALSO CONFIDENT THIS IS REAL AND NOT MEMOREX AND AWAIT MY TURN AT THE BLESSING GATE BEING OPENED...
3-20-2020 Newshound Guru MilitiaMan Article: "Officials: The Iraqi financial crisis may make us borrow from the International Monetary Fund again" Alak tells us that they are wanting to meet with the IMF, yet, the out look there looks bleak and may not bear fruit...The IMF (USA) knows that Iraq has value, can pay it's external debts and with imo the long awaited financial reforms; i.e., a "new exchange rate", not the program rate it is presently at!! So getting the IMF to loan them money when they can Re - Instate the IQD to avert the crisis glaring at them. ...Now it looks like the proper pressures are in place and with oil being the last straw... The relief value needs to be opened! imo
3-20-2020 Intel Guru Bruce ...we got word that we did go to level 4 of Martial Law...in the United States...they are primarily in place to guard against looting and other vandalism things that could happen during this time – especially against looting of stores – retail locations and so forth that are closed ...it’s also something that we have that will be in a sense an added security force for us going – so that we are far less likely to encounter an issue or problem while going to our exchanges or coming out of our exchanges and redemption centers...I see it as a very positive thing...ALL banks are closed for four days starting tomorrow (Friday)...they will reopen on Tuesday at regular times...I have heard different things about when we’re going to get started – I have heard from a treasury source that...a kick off day would be Saturday – I’ve heard the possibility of going tomorrow [Friday] or Saturday – I’ve heard that we might not start until after the banks reopen on Tuesday – it’s hard to say right now which it is...
3-20-2020 Newshound/Intel Guru Francis Albert The only way UST reserves of Dinar are worth anything is over time, lots of time, that they will exchange for oil in the ground. Folks thinking a Dinar up swing in value is going to suddenly make the U.S. rich just don't understand. Plus, I believe the deal is for $30 per barrel per Dinar. At this rate, that's a looser. And if IQD goes up and American's exchange Dinar at a bank. The UST ends up with the Dinar because the banks will create the dollars to give to us. That's the only way this thing can work. No where else the dollars can come from. The IQD is a debt instrument, like all currencies, a note. FED and banks monetize debt, (create dollars) in exchange for the note. Also known as QE. And the reason the FED will do that is because they get a cut and UST gets the Dinar for "liberating" Iraq...the spoils of war. And UST sucks Iraqi oil in exchange for Dinar till the end of time.
3-20-2020 Intel Guru MarkZ [via PDK] Still seem to be in a holding pattern as they work through logistics... I hate saying that but it does look good. As we watch the mainstream news you can literally see it playing out right in front of us. I’ve had some interesting calls from different bankers …especially international…they are saying “Did you know the US government has taken over the Central Bank?” ...Well, I love watching it happen.
3-20-2020 Newshound Guru Jeff ...I'm strongly of the opinion that the main event is going to be happening this weekend. That's my opinion from my studies..
3-20-2020 Newshound Guru Pimpy Article "Association of Private Banks: The recent decisions of the Central Bank contribute to increasing electronic commerce" This guy is talking about how they're trying to get away from dealing in cash because they're trying to stop the spread of the coronavirus... Quote "the central bank of Iraq had taken serious measures to encourage citizens to use electronic payments including making commission zero for their merchants when using points of sale for a period of six months starting today...explained that Iraq's citizens can buy with his or hers bank card from inside or outside Iraq without any commissions in addition to using the official exchange rate approved by the central bank and not the exchange rate in the market." Whoa! What the heck does that mean? ...something is happening...
3-20-2020 Newshound/Intel Guru Francis Albert I don't believe PM, stability, investors etc. has anything to do with he Dinar going International. The Dollar Inc. people, IMF and all Central Banks are running the show and they will do what ever serves them best. Sure U.S. will get a few bones for doing the deed.
3-20-2020 Intel Guru MarkZ [via PDK] [Why hasn’t Iraq released their new rate?] They are waiting for permission to do that. They are positioned…If they gave the rate right now before the banking system is prepared for it…it will be mayhem…. A number of large banks have announced branch closings…maybe this is a good thing…maybe these closed branches will be made into redemption centers which would help speed things up? They have to have the mechanisms in place before they allow Iraq to float or it would be mayhem all over the word as folks try to rush to the banks…not good while they are trying to “socially distance us” due to this Corona virus.
3-20-2020 Newshound Guru MilitiaMan Article: "Officials: The Iraqi financial crisis may make us borrow from the International Monetary Fund again" Alak tells us that they are wanting to meet with the IMF, yet, the out look there looks bleak and may not bear fruit...The IMF (USA) knows that Iraq has value, can pay it's external debts and with imo the long awaited financial reforms; i.e., a "new exchange rate", not the program rate it is presently at!! So getting the IMF to loan them money when they can Re - Instate the IQD to avert the crisis glaring at them. ...Now it looks like the proper pressures are in place and with oil being the last straw... The relief value needs to be opened! imo
3-20-2020 Intel Guru Bruce ...we got word that we did go to level 4 of Martial Law...in the United States...they are primarily in place to guard against looting and other vandalism things that could happen during this time – especially against looting of stores – retail locations and so forth that are closed ...it’s also something that we have that will be in a sense an added security force for us going – so that we are far less likely to encounter an issue or problem while going to our exchanges or coming out of our exchanges and redemption centers...I see it as a very positive thing...ALL banks are closed for four days starting tomorrow (Friday)...they will reopen on Tuesday at regular times...I have heard different things about when we’re going to get started – I have heard from a treasury source that...a kick off day would be Saturday – I’ve heard the possibility of going tomorrow [Friday] or Saturday – I’ve heard that we might not start until after the banks reopen on Tuesday – it’s hard to say right now which it is...
3-20-2020 Newshound/Intel Guru Francis Albert The only way UST reserves of Dinar are worth anything is over time, lots of time, that they will exchange for oil in the ground. Folks thinking a Dinar up swing in value is going to suddenly make the U.S. rich just don't understand. Plus, I believe the deal is for $30 per barrel per Dinar. At this rate, that's a looser. And if IQD goes up and American's exchange Dinar at a bank. The UST ends up with the Dinar because the banks will create the dollars to give to us. That's the only way this thing can work. No where else the dollars can come from. The IQD is a debt instrument, like all currencies, a note. FED and banks monetize debt, (create dollars) in exchange for the note. Also known as QE. And the reason the FED will do that is because they get a cut and UST gets the Dinar for "liberating" Iraq...the spoils of war. And UST sucks Iraqi oil in exchange for Dinar till the end of time.
3-20-2020 Intel Guru MarkZ [via PDK] Still seem to be in a holding pattern as they work through logistics... I hate saying that but it does look good. As we watch the mainstream news you can literally see it playing out right in front of us. I’ve had some interesting calls from different bankers …especially international…they are saying “Did you know the US government has taken over the Central Bank?” ...Well, I love watching it happen.
3-20-2020 Newshound Guru Jeff ...I'm strongly of the opinion that the main event is going to be happening this weekend. That's my opinion from my studies..
3-20-2020 Newshound Guru Pimpy Article "Association of Private Banks: The recent decisions of the Central Bank contribute to increasing electronic commerce" This guy is talking about how they're trying to get away from dealing in cash because they're trying to stop the spread of the coronavirus... Quote "the central bank of Iraq had taken serious measures to encourage citizens to use electronic payments including making commission zero for their merchants when using points of sale for a period of six months starting today...explained that Iraq's citizens can buy with his or hers bank card from inside or outside Iraq without any commissions in addition to using the official exchange rate approved by the central bank and not the exchange rate in the market." Whoa! What the heck does that mean? ...something is happening...
3-20-2020 Newshound/Intel Guru Francis Albert I don't believe PM, stability, investors etc. has anything to do with he Dinar going International. The Dollar Inc. people, IMF and all Central Banks are running the show and they will do what ever serves them best. Sure U.S. will get a few bones for doing the deed.
3-20-2020 Intel Guru MarkZ [via PDK] [Why hasn’t Iraq released their new rate?] They are waiting for permission to do that. They are positioned…If they gave the rate right now before the banking system is prepared for it…it will be mayhem…. A number of large banks have announced branch closings…maybe this is a good thing…maybe these closed branches will be made into redemption centers which would help speed things up? They have to have the mechanisms in place before they allow Iraq to float or it would be mayhem all over the word as folks try to rush to the banks…not good while they are trying to “socially distance us” due to this Corona virus.
3-19-2020 Newshound/Intel Guru Mnt Goat Article: "MUQTADA AL-SADR: TO SHIITE BLOCS - DO NOT INTERFERE IN THE AL-ZORFI CASE .. THIS IS AN IRAQI AFFAIR" This is one of those WOW! articles. Here Sadr is saying to the Shiite blocs to back off and allow Iraq to freely elect a new prime minister and to support him. He alludes to Iran as an “occupier”. This is the first time recently I heard him say this. This is all very good for Iraq and getting this new government done. Let’s hope the Shiites listen to him.
3-19-2020 Newshound Guru Jeff ...Donald Trump told us that the US government has approximately $35 Billion US dollars worth of Iraq dinar in the US reserves. Plus we the investors all hold dinar. Once we go to exchange it through banks and brokers who will eventually turn it to the US Treasury. And all the dinar we have will make it back to the US reserves...what does that mean? As the dinar begins to strengthen and gain value its gonna strengthen the value of the US dollar...right now the US is in one of its worst economic positions it's ever been. All of our financial markets are crashing...the dow this week reached 19,000 points...you would think with how collapsed the US economy is right now that the value of the US dollar would also be down...As of last night the value of the US dollar went above 102 cents...It's at its highest point in three years...this should confirm a lot for you where we're at right now.
3-19-2020 Intel Guru MarkZ [via PDK] [I misplaced receipts on my currency…can I still exchange?] Yes…I am told unless you come in with boxes of it…huge amounts like 100 million dong or 100 million dinar…a crazy amount…they may ask a few questions to make sure you didn’t rob from your neighbor…no funny business…that you are not planning on funding terrorists or drug lords…other then that you should not have a problem.
3-19-2020 Intel Guru Frank26 Al-Zurfi...This man has been with us for over 16 years. He was one of the very first people who went in with the coalition forces. He is American educated. He has dual citizenship. Iraqi and American...he speaks English fluently...100% against totally anti-Iran and Syria...if for some reason he does not step up to the plate as a prime minister and swing for a home run for the citizens and the United States of America - next up. Yes it's that simple...the United States of America will simply say batter up...the United States of America picked Zurfi from a long list of names to work with the citizens and Donald Trump...if for some reason Zurfi acts incorrectly - BOOM within 1 or 2 days he will be replaced. You can now see the pattern...
3-19-2020 Newshound Guru Pimpy ...all kinds of interesting things happening and I'm not talking about the coronavirus. That's right there's other news besides the dang coronavirus...Article "We are watching the oil market to respond to the Iraqi proposal to hold an OPEC meeting". Looks like Iraq is talking to Russia about coming back to the OPEC+ meeting and seeing about ending this oil war.
3-19-2020 Intel Guru MarkZ [via PDK] We are watching everything play out… It will reset…give us sound money to fix this economy and we will see life get back to enjoyment, and better then ever…I see great hope for our future…
3-19-2020 Newshound Guru Jeff ...the last time that the U.S. government gave financial assistance to the U.S. citizens was back when Kuwait reinstated their currency...we could have approximately two checks coming from our own federal government...maybe April 6th and the second one coming around May 18th which would be financial aid for us. That could be after the Iraq RI rate change.
3-19-2020 Newshound Guru Kaperoni A significant RV/RI can never happen Because there is to much dinar in circulation. In excess of 42 trillon. Do you know how much that is? That is more than double the entire worlds money supply and more than double the entire mineral assets of Iraq. The low cost of oil is the only thing that may motivate Iraq to stop depending on oil. I hope it stays low.
3-19-2020 Newshound/Intel Guru Mnt Goat Iraq was able to meet its constitution deadline...March 17th for selection of a new designate to put the government together. Tariq Harb said in a special statement to PUKmedia , on Tuesday 3/17/2020, that Imam Al-Zarfi has a period of 30 days to form a government... I still strongly believe that M. Allawi is going to come back as he will ultimately be asked to come back as the candidate again. I still say Allawi will get a second chance at forming the government. I know this may sound silly but watch this play out. He is our third miracle. There is no one else.
3-19-2020 Newshound Guru Jeff ...Donald Trump told us that the US government has approximately $35 Billion US dollars worth of Iraq dinar in the US reserves. Plus we the investors all hold dinar. Once we go to exchange it through banks and brokers who will eventually turn it to the US Treasury. And all the dinar we have will make it back to the US reserves...what does that mean? As the dinar begins to strengthen and gain value its gonna strengthen the value of the US dollar...right now the US is in one of its worst economic positions it's ever been. All of our financial markets are crashing...the dow this week reached 19,000 points...you would think with how collapsed the US economy is right now that the value of the US dollar would also be down...As of last night the value of the US dollar went above 102 cents...It's at its highest point in three years...this should confirm a lot for you where we're at right now.
3-19-2020 Intel Guru MarkZ [via PDK] [I misplaced receipts on my currency…can I still exchange?] Yes…I am told unless you come in with boxes of it…huge amounts like 100 million dong or 100 million dinar…a crazy amount…they may ask a few questions to make sure you didn’t rob from your neighbor…no funny business…that you are not planning on funding terrorists or drug lords…other then that you should not have a problem.
3-19-2020 Intel Guru Frank26 Al-Zurfi...This man has been with us for over 16 years. He was one of the very first people who went in with the coalition forces. He is American educated. He has dual citizenship. Iraqi and American...he speaks English fluently...100% against totally anti-Iran and Syria...if for some reason he does not step up to the plate as a prime minister and swing for a home run for the citizens and the United States of America - next up. Yes it's that simple...the United States of America will simply say batter up...the United States of America picked Zurfi from a long list of names to work with the citizens and Donald Trump...if for some reason Zurfi acts incorrectly - BOOM within 1 or 2 days he will be replaced. You can now see the pattern...
3-19-2020 Newshound Guru Pimpy ...all kinds of interesting things happening and I'm not talking about the coronavirus. That's right there's other news besides the dang coronavirus...Article "We are watching the oil market to respond to the Iraqi proposal to hold an OPEC meeting". Looks like Iraq is talking to Russia about coming back to the OPEC+ meeting and seeing about ending this oil war.
3-19-2020 Intel Guru MarkZ [via PDK] We are watching everything play out… It will reset…give us sound money to fix this economy and we will see life get back to enjoyment, and better then ever…I see great hope for our future…
3-19-2020 Newshound Guru Jeff ...the last time that the U.S. government gave financial assistance to the U.S. citizens was back when Kuwait reinstated their currency...we could have approximately two checks coming from our own federal government...maybe April 6th and the second one coming around May 18th which would be financial aid for us. That could be after the Iraq RI rate change.
3-19-2020 Newshound Guru Kaperoni A significant RV/RI can never happen Because there is to much dinar in circulation. In excess of 42 trillon. Do you know how much that is? That is more than double the entire worlds money supply and more than double the entire mineral assets of Iraq. The low cost of oil is the only thing that may motivate Iraq to stop depending on oil. I hope it stays low.
3-19-2020 Newshound/Intel Guru Mnt Goat Iraq was able to meet its constitution deadline...March 17th for selection of a new designate to put the government together. Tariq Harb said in a special statement to PUKmedia , on Tuesday 3/17/2020, that Imam Al-Zarfi has a period of 30 days to form a government... I still strongly believe that M. Allawi is going to come back as he will ultimately be asked to come back as the candidate again. I still say Allawi will get a second chance at forming the government. I know this may sound silly but watch this play out. He is our third miracle. There is no one else.
3-18-2020 *** Dinar Guru News Update *** Multiple gurus and major news outlets are reporting a new prime minister has been appointed by Iraqi President Saleh. Parliament was not able to agree on a nominee so Saleh used his constitutional powers to select Adnan Al-Zurfi. He has 30 days to seat his ministers. But there's talk parliament may be dissolved as stated in the constitution since they are unable to agree on a Prime Minister. Zurfi has stated there will be early election within one year of his official appointment... Stay tuned as this evolves and the gurus chime in. The latest guru posts will continue below...
3-18-2020 Intel Guru Bruce We are in a really interesting time right now because I’ve been in this thing going on my 16th year... this thing has evolved – this whole thing has moved forward finally to where we are seeing things happen that we didn’t use to see in the past...we actually heard certain things would happen at this time that are taking place – right now as we speak – and that is a very positive way to look at it...All I can say is the information is good and it's moving and pointing toward things happening for us in the next couple of days...I do feel really good about where we are right now – even in the midst of this corona virus scenario...we are in a very acute period of things happening...
3-18-2020 Newshound Guru Vital Brad Article: "Adnan al-Zurfi as new PM-designate" Salih appointed a new prime minister...he has 30 days to form his cabinet...Mahdi agreed to work the Zurfi to try to get the government set. Seems like there's some urgency...they want their government seated so they can be International recognized currency...they've got to pull it together...if they fail again in the next 30 days on this seating of the government...well potentially Iraq's currency will not be included until next year. I don't know. It's tough to say.
3-18-2020 Intel Guru Okie_Oil_Man ...ON THE INFORMATION FRONT REGARDING OUR BLESSING--I WAS INFORMED THAT I SHOULD BE GIVEN LANDING INSTRUCTIONS BEFORE SATURDAY. "LIKE DE-JA-VUE AGAIN"—-BUT--THE ACTIVITY TAKEN PLACE LAST NIGHT AS WELL AS THIS MORNING MAKES THIS CLEARANCE SEEM NOT ONLY POSSIBLE—BUT PROBABLE...WE ARE COUNTING ON THE INFORMATION THIS TIME REGARDING THE TIMING OF THE EVENT TO BE CORRECT...
3-18-2020 Newshound/Intel Guru Mnt Goat ...Some say this [the Corona virus] is the start of the Global Currency Reset (GCR). ...First, I absolutely DO NOT agree with any future reset or GCR coming. ...Currencies are revaluing everyday and certainly many good ones have opportunities to do so and make you some really good returns on your investment, when they do...
3-18-2020 Intel Guru MarkZ ...Bankers still say we are imminent and they are making provisions on how to do exchanges and take care of everyone’s health. ...We are in a waiting pattern. ...All we can do is watch this all roll out…have good faith that all is happening just as it is supposed to.
3-18-2020 Intel Guru Frank26 ...apparently according to the media they're got these time frames and apparently in about 3 weeks they're gonna reopen the restaurants, the gathering places, the schools. How do they know that in 3 weeks everything's gonna be okay? I think it's because it's tied to the Iraqi dinar timeframe...
3-18-2020 Newshound Guru Adam Montana Article: "The President of the Republic assigns Adnan Al-Zarfi to officially head the government" ...here's a name for you: Adnan Al Zurfi. That's the name of the person just appointed to the Iraqi Prime Minister position. Truthfully, my friends, it's too soon right now to know if he will be the one to ring the bell for us. ...Too early in this to get excited, but I'm happy to see something happening. Let the news roll in!
3-18-2020 Newshound Guru Pimpy ... somebody want to explain to me how it is that you can say the rate is never gonna increase and get up to where it was at one time when in fact it used to be above $2. There's no reason for it not to be reinstated up there again. Now I've made my pitch for why I think it's gonna be $1.34 and I'll stick to it still. Don't get me wrong I would love to see it go up above $2...I would love to see it be reinstated as $3.20/$3.22 rate. The point I'm trying to make is this, the sanctions happened which caused it to lower the rate. It's the 9th wealthiest nation in the world. It has tons of oil reserves as well as a bunch of other raw materials that are just not being tapped into right now. There's no reason for this rate not get back up to where it was before...once they are back onto Forex and people are investing in their currency on a known foreign exchange platform this is gonna benefit...
3-18-2020 Newshound Guru MilitiaMan "Iraq market: stop the organization of trading sessions and trading activity in securities as of tomorrow" Quote: "...the suspension of stock dealings from Tuesday 2020/3/17 to enable brokerage and investment companies to complete financial adjustments between them - starting again on 2020/3/24." Oh!!! Man!!! They have to have things adjusted within that time frame above! Everything needs to be done and dusted by then!!! IOO, they'll do this with Mahdi ioo...in other words we are getting paid!!!
3-18-2020 Newshound Guru Vital Brad Article: "Adnan al-Zurfi as new PM-designate" Salih appointed a new prime minister...he has 30 days to form his cabinet...Mahdi agreed to work the Zurfi to try to get the government set. Seems like there's some urgency...they want their government seated so they can be International recognized currency...they've got to pull it together...if they fail again in the next 30 days on this seating of the government...well potentially Iraq's currency will not be included until next year. I don't know. It's tough to say.
3-18-2020 Intel Guru Okie_Oil_Man ...ON THE INFORMATION FRONT REGARDING OUR BLESSING--I WAS INFORMED THAT I SHOULD BE GIVEN LANDING INSTRUCTIONS BEFORE SATURDAY. "LIKE DE-JA-VUE AGAIN"—-BUT--THE ACTIVITY TAKEN PLACE LAST NIGHT AS WELL AS THIS MORNING MAKES THIS CLEARANCE SEEM NOT ONLY POSSIBLE—BUT PROBABLE...WE ARE COUNTING ON THE INFORMATION THIS TIME REGARDING THE TIMING OF THE EVENT TO BE CORRECT...
3-18-2020 Newshound/Intel Guru Mnt Goat ...Some say this [the Corona virus] is the start of the Global Currency Reset (GCR). ...First, I absolutely DO NOT agree with any future reset or GCR coming. ...Currencies are revaluing everyday and certainly many good ones have opportunities to do so and make you some really good returns on your investment, when they do...
3-18-2020 Intel Guru MarkZ ...Bankers still say we are imminent and they are making provisions on how to do exchanges and take care of everyone’s health. ...We are in a waiting pattern. ...All we can do is watch this all roll out…have good faith that all is happening just as it is supposed to.
3-18-2020 Intel Guru Frank26 ...apparently according to the media they're got these time frames and apparently in about 3 weeks they're gonna reopen the restaurants, the gathering places, the schools. How do they know that in 3 weeks everything's gonna be okay? I think it's because it's tied to the Iraqi dinar timeframe...
3-18-2020 Newshound Guru Adam Montana Article: "The President of the Republic assigns Adnan Al-Zarfi to officially head the government" ...here's a name for you: Adnan Al Zurfi. That's the name of the person just appointed to the Iraqi Prime Minister position. Truthfully, my friends, it's too soon right now to know if he will be the one to ring the bell for us. ...Too early in this to get excited, but I'm happy to see something happening. Let the news roll in!
3-18-2020 Newshound Guru Pimpy ... somebody want to explain to me how it is that you can say the rate is never gonna increase and get up to where it was at one time when in fact it used to be above $2. There's no reason for it not to be reinstated up there again. Now I've made my pitch for why I think it's gonna be $1.34 and I'll stick to it still. Don't get me wrong I would love to see it go up above $2...I would love to see it be reinstated as $3.20/$3.22 rate. The point I'm trying to make is this, the sanctions happened which caused it to lower the rate. It's the 9th wealthiest nation in the world. It has tons of oil reserves as well as a bunch of other raw materials that are just not being tapped into right now. There's no reason for this rate not get back up to where it was before...once they are back onto Forex and people are investing in their currency on a known foreign exchange platform this is gonna benefit...
3-18-2020 Newshound Guru MilitiaMan "Iraq market: stop the organization of trading sessions and trading activity in securities as of tomorrow" Quote: "...the suspension of stock dealings from Tuesday 2020/3/17 to enable brokerage and investment companies to complete financial adjustments between them - starting again on 2020/3/24." Oh!!! Man!!! They have to have things adjusted within that time frame above! Everything needs to be done and dusted by then!!! IOO, they'll do this with Mahdi ioo...in other words we are getting paid!!!
3-17-2020 Newshound Guru Pimpy Article "Saleh assigns Adnan Al-Zarfi to form new Government" I talked about this happening and this should not be surprising. I hope they do this...Mahdi has failed to get anything accomplished while he was there. They had a transitional PM, it really went to crap...what I like about this...they should be dissolving the parliament. Quote: "Article 81...stating that if parliament does not vote for him on whom he chooses that any president of the Republic can dissolve the parliament." ... parliament really is the problem. They're not getting anything accomplished because they refuse to work together...I'm happy they're talking about dissolving the parliament. Let's hope that happens.
3-17-2020 Newshound Guru Jeff ...If anyone goes to exchange their dinar right at a bank there's a very good change you're most likely gonna to pay roughly 1% in exchange fees off the top...that would be their fee. One direction I'm gonna go...I'm probably gonna go through Wells Fargo. They have what's called PCS (Private Client Services). I've already talked to my financial adviser over there and he said...as long as there's enough foreign currency involved he can get me a better exchange rate than a traditional bank branch can. So that's one of the routes and directions I'm gonna go when this does happen... [Speak with your own financial advisors and tax professionals at the appropriate time.]
3-17-2020 Intel Guru MarkZ ...we are still sitting here eating popcorn and watching the show. It is unfolding hot, and heavy and hard...They have to reset the currency now…they have nothing left…there is nothing you or I can do but watch it play out. [...they have appointed a new PM in Iraq. Has 30 days to appoint cabinet.] I heard that…I heard from one contact in Iraq who says they expect to start depegging on Wed. of their currency…that may be the “go” for us...
3-17-2020 Newshound Guru Pimpy ...it's interesting that the Iraq Stock Exchange said it will not organize trading sessions and stop trading activities in securities as of tomorrow...I saw another article that said they would not reopen until March 22nd...Is that a date that just keeps magically popping up?... I do know the stock exchange has stopped its activity. Why? That's a good question. They're gonna say it's the oil crisis but even so that shouldn't stop people from going ahead and working with the stock exchange as far as buying from home...Does this mean anything? Maybe they are making the adjustments for the new rate.
3-17-2020 Intel Guru RayRen98 President Salih appoints Adnan Al Zurfi as Prime Minister designate. He now has 30 days to form his cabinet which he must then put to a vote of confidence in Iraq's fractious Parliament. The US approves him...he was verbally against the political leaders not listening to the demands of the citizens. Al Zurfi was a former official of the US-run authorities that took over Iraq after the 2003 US invasion that deposed former ruler Saddam Hussein. Al Zurfi has deep ties that favor the US and he may face a very difficult time from the blocs.
3-17-2020 Newshound Guru Jeff As of Tuesday the 17th they'll be stopping trading [ISX stock exchange]...Remember the stock market uses the rate for trading so they need to stop trading to give them time to change the rate. Just more confirmation...They're gonna stop trading as of today the 17th and then they're going to resume on the 24th.
3-17-2020 Newshound Guru BobTheTaxMan As you have probably seen, the situation in Iraq is getting desperate. Oil prices are below $30 now, they are cutting all government employees income by half, and their government is scrambling to come up with an answer. While they can not broadcast anticipating a gain in their currency to the public, every indicator is they are seriously considering that option. (At least that would make the most sense.)...
3-17-2020 Intel Guru Frank26 Question What's the next thing that we should look for? The GOI to make a move or will the CBI go on with the reinstatement instead of waiting for the GOI to catch up? ...I'm looking for the new Prime Minister. And I hope with a budget and a rate and if not I'm looking for the Prime Minister and then I want him to show me his cabinet...[then] how about now we get the new rate for the budget...
3-17-2020 Newshound Guru Jeff ...If anyone goes to exchange their dinar right at a bank there's a very good change you're most likely gonna to pay roughly 1% in exchange fees off the top...that would be their fee. One direction I'm gonna go...I'm probably gonna go through Wells Fargo. They have what's called PCS (Private Client Services). I've already talked to my financial adviser over there and he said...as long as there's enough foreign currency involved he can get me a better exchange rate than a traditional bank branch can. So that's one of the routes and directions I'm gonna go when this does happen... [Speak with your own financial advisors and tax professionals at the appropriate time.]
3-17-2020 Intel Guru MarkZ ...we are still sitting here eating popcorn and watching the show. It is unfolding hot, and heavy and hard...They have to reset the currency now…they have nothing left…there is nothing you or I can do but watch it play out. [...they have appointed a new PM in Iraq. Has 30 days to appoint cabinet.] I heard that…I heard from one contact in Iraq who says they expect to start depegging on Wed. of their currency…that may be the “go” for us...
3-17-2020 Newshound Guru Pimpy ...it's interesting that the Iraq Stock Exchange said it will not organize trading sessions and stop trading activities in securities as of tomorrow...I saw another article that said they would not reopen until March 22nd...Is that a date that just keeps magically popping up?... I do know the stock exchange has stopped its activity. Why? That's a good question. They're gonna say it's the oil crisis but even so that shouldn't stop people from going ahead and working with the stock exchange as far as buying from home...Does this mean anything? Maybe they are making the adjustments for the new rate.
3-17-2020 Intel Guru RayRen98 President Salih appoints Adnan Al Zurfi as Prime Minister designate. He now has 30 days to form his cabinet which he must then put to a vote of confidence in Iraq's fractious Parliament. The US approves him...he was verbally against the political leaders not listening to the demands of the citizens. Al Zurfi was a former official of the US-run authorities that took over Iraq after the 2003 US invasion that deposed former ruler Saddam Hussein. Al Zurfi has deep ties that favor the US and he may face a very difficult time from the blocs.
3-17-2020 Newshound Guru Jeff As of Tuesday the 17th they'll be stopping trading [ISX stock exchange]...Remember the stock market uses the rate for trading so they need to stop trading to give them time to change the rate. Just more confirmation...They're gonna stop trading as of today the 17th and then they're going to resume on the 24th.
3-17-2020 Newshound Guru BobTheTaxMan As you have probably seen, the situation in Iraq is getting desperate. Oil prices are below $30 now, they are cutting all government employees income by half, and their government is scrambling to come up with an answer. While they can not broadcast anticipating a gain in their currency to the public, every indicator is they are seriously considering that option. (At least that would make the most sense.)...
3-17-2020 Intel Guru Frank26 Question What's the next thing that we should look for? The GOI to make a move or will the CBI go on with the reinstatement instead of waiting for the GOI to catch up? ...I'm looking for the new Prime Minister. And I hope with a budget and a rate and if not I'm looking for the Prime Minister and then I want him to show me his cabinet...[then] how about now we get the new rate for the budget...
3-16-2020 Newshound Guru Jeff Article: "The Iraqi market stops the organization of trading sessions and trading activity in securities as of tomorrow" That would mean Tuesday...one of the things we've been looking for them to stop the ISX...they did not tell us how long trading will be stopped or ended for what period of time and we would need to know but...as we approach or reach the rate change one of the things we've always looked for is for them to end trading in close proximity to the rate change. Reason why is they can't really change the rate while the markets are open because the markets work off of the rate...They are trading off the value of the currency. We've always looked for them to shut down the stock market...as kind of prelude...beginning point...
3-16-2020 Intel Guru Delta Article: "Iraq market: stop the organization of trading sessions and trading activity in securities as of tomorrow" Quote: "...the suspension of stock dealings from Tuesday 2020/3/17 to enable brokerage and investment companies to complete financial adjustments between them - starting again on 2020/3/24." THEY LET THE CAT OUT OF THE BAG...THEY ARE SAYING THEY ARE CLOSING TRADING FOR ONE WEEK BECAUSE OF CORONA...THEN THEY ARE SAYING COMPANIES TO COMPLETE FINANCIAL ADJUSTMENT...ANOTHER HUGE AND AMAZING ARTICLE...
3-16-2020 Newshound Guru Pimpy It's really weird in our community. Not a lot of people are talking and here's my theory on this and that is we know it's coming close to crunch time. A lot of people have pulled the trigger saying this rate change is gonna happen at the end of March or sometime in the beginning of April. And this isn't just one dinar guru there's been several. I told you before I felt this same way in that something is gonna happen by the end of March maybe no later than the beginning of April...
3-16-2020 Intel Guru Footforward I believe the RV is actually a Trump card...no pun intended and Trump is waiting for the precise moment to release the RV when it's going to have the best affect to counteract this attack that has come on the financial system. I'm actually really encouraged as much as things look like they suck right now. ...What I'm looking for next in regards to the dinar ...is for the dow to get to 20,000 again...really good chance it happens around March 20th...to be clear I don't know that the RV happens on March 20th...I actually don't think the RV happens on that date. To be clear, I don't think we are far off.
3-16-2020 Intel Guru MarkZ Bankers are convinced this is still happening soon… My banking contacts still think we could have money as soon as tomorrow…but they thought that last week too…Military contacts are saying it could happen anytime between now and April 1st… I tend to believe them a little more because what they are looking at… I am hopeful we will see Leprechauns and pots of gold on St. Patricks day…
3-16-2020 Intel Guru Frank26 ...Trump said "I think we are going to have a tremendous bounce when this is over." ...that recoil affect. That boomerang effect. That slingshot effect. IMO I really think Trump talked to the markets and he said just pull back and hold on. Once this coronavirus thing is over and done with and the democrats are done exaggerating and the media finally finished their nonsense let's get back to work. In fact IMO...what if we reward a few counties? ...what if we allow a few countries to go ahead and raise the value of their currencies starting with Iraq? Wow! ...we have 330 million Americans in the United States. How many of them you think now have dinar? Man we are going to rock the world!
3-16-2020 Newshound Guru Jeff Article "Legal Expert: After the failure of the seven committee...constitutionally Salih takes over the Prime Minister with his full powers" The president will act as the prime minister. So they have a stable government. Good. That's all we need. So they do have an acting prime minister...
3-16-2020 Newshound Guru Jeff The Trump administration is in charge of everything right now IMO. He picked this to happen shortly before the US elections. He can use this as a tool to promote himself on a strong economy for re-election...
3-16-2020 Newshound Guru MilitiaMan Well, the dinar has been clearly been given the green light to move. The auctions are to stop, and the value of the IQD is to rise, NSCNs and coins are said to be in place where they will be needed, Alak Gov at the CBI has been effectively announcing the need to raise the value of the IQD over the last few days, etc... The COV-19 is deadly to some as it can be, it is nothing compared to past bugs in shear volume or statistical numbers, therefore, the nature of the hysteria, may be used to hide and usher in the new beginnings and with that a RI with the IQD will help support that bounce Trump has so kindly given us hope for... Lets all hang in there and pray we are truly witnessing a blessing well deserved by us all. We shall see. imo.
3-16-2020 Intel Guru Delta Article: "Iraq market: stop the organization of trading sessions and trading activity in securities as of tomorrow" Quote: "...the suspension of stock dealings from Tuesday 2020/3/17 to enable brokerage and investment companies to complete financial adjustments between them - starting again on 2020/3/24." THEY LET THE CAT OUT OF THE BAG...THEY ARE SAYING THEY ARE CLOSING TRADING FOR ONE WEEK BECAUSE OF CORONA...THEN THEY ARE SAYING COMPANIES TO COMPLETE FINANCIAL ADJUSTMENT...ANOTHER HUGE AND AMAZING ARTICLE...
3-16-2020 Newshound Guru Pimpy It's really weird in our community. Not a lot of people are talking and here's my theory on this and that is we know it's coming close to crunch time. A lot of people have pulled the trigger saying this rate change is gonna happen at the end of March or sometime in the beginning of April. And this isn't just one dinar guru there's been several. I told you before I felt this same way in that something is gonna happen by the end of March maybe no later than the beginning of April...
3-16-2020 Intel Guru Footforward I believe the RV is actually a Trump card...no pun intended and Trump is waiting for the precise moment to release the RV when it's going to have the best affect to counteract this attack that has come on the financial system. I'm actually really encouraged as much as things look like they suck right now. ...What I'm looking for next in regards to the dinar ...is for the dow to get to 20,000 again...really good chance it happens around March 20th...to be clear I don't know that the RV happens on March 20th...I actually don't think the RV happens on that date. To be clear, I don't think we are far off.
3-16-2020 Intel Guru MarkZ Bankers are convinced this is still happening soon… My banking contacts still think we could have money as soon as tomorrow…but they thought that last week too…Military contacts are saying it could happen anytime between now and April 1st… I tend to believe them a little more because what they are looking at… I am hopeful we will see Leprechauns and pots of gold on St. Patricks day…
3-16-2020 Intel Guru Frank26 ...Trump said "I think we are going to have a tremendous bounce when this is over." ...that recoil affect. That boomerang effect. That slingshot effect. IMO I really think Trump talked to the markets and he said just pull back and hold on. Once this coronavirus thing is over and done with and the democrats are done exaggerating and the media finally finished their nonsense let's get back to work. In fact IMO...what if we reward a few counties? ...what if we allow a few countries to go ahead and raise the value of their currencies starting with Iraq? Wow! ...we have 330 million Americans in the United States. How many of them you think now have dinar? Man we are going to rock the world!
3-16-2020 Newshound Guru Jeff Article "Legal Expert: After the failure of the seven committee...constitutionally Salih takes over the Prime Minister with his full powers" The president will act as the prime minister. So they have a stable government. Good. That's all we need. So they do have an acting prime minister...
3-16-2020 Newshound Guru Jeff The Trump administration is in charge of everything right now IMO. He picked this to happen shortly before the US elections. He can use this as a tool to promote himself on a strong economy for re-election...
3-16-2020 Newshound Guru MilitiaMan Well, the dinar has been clearly been given the green light to move. The auctions are to stop, and the value of the IQD is to rise, NSCNs and coins are said to be in place where they will be needed, Alak Gov at the CBI has been effectively announcing the need to raise the value of the IQD over the last few days, etc... The COV-19 is deadly to some as it can be, it is nothing compared to past bugs in shear volume or statistical numbers, therefore, the nature of the hysteria, may be used to hide and usher in the new beginnings and with that a RI with the IQD will help support that bounce Trump has so kindly given us hope for... Lets all hang in there and pray we are truly witnessing a blessing well deserved by us all. We shall see. imo.
3-15-2020 Newshound Guru Jeff What are we waiting on? What have been the holdups? ...there's a lot more to the coronavirus than just a virus...when the rate does change its gonna spike the US markets...IMO they had to use the coronavirus...to bring the markets down so when the rate does change it can shoot back up....
3-15-2020 Intel Guru RayRen98 Iraqi TV in Baghdad is broadcasting that a Prime Minister candidate will be named TODAY and all parties will agree.
3-15-2020 Newshound Guru Pimpy Article: "Reducing the Iraqi dinar exchange rate - determinants and alternatives" ...what they're saying is if you devalue the Iraqi dinar then its gonna kill them on imports...They have to spend more money for raw materials. That's not what they need...they need to increase the value of the Iraqi dinar so that they could get the raw materials needed to rebuild that country. If you decrease it it's only gonna hurt them. It's gonna cause inflation because I'm gonna have to produce more money in order to buy more materials...if oil prices are dropping and it's causing your deficit to go up. If it's causing your budget deficit to increase why would you then turn around and lower the value of your currency? That doesn't make sense...It goes on to say why the hell would Iraq lower their exchange rate that's the opposite of what they should be doing. I'm gonna agree with this article...they go on to make this case that decreasing the value of the currency is the wrong move. It should be increased...
3-15-2020 Newshound Guru G-Lin Article: "Al-Asadi: Tonight, the name of the prime minister will be announced" Quotes: "The head of the "Sanad" parliamentary bloc, Ahmed Al-Asadi, announced on Sunday that tonight the name of the prime minister will be announced."; "in the coming hours, the Seven Committee will decide its decision regarding choosing the appropriate person to form the interim government and submit it for final approval." Looks like a new P.M. maybe.
3-15-2020 Newshound Guru chattels "Floating the currency is never going to create any meaningful return on the IQD investment." is a position that makes good sense to me. I expect that many would likely sell out with a very modest return on their investment. If one had enough dinar to sell some and "get healthy " or even and wait for an uncertain future then maybe such is a workable wealth plan with a float of the currency. Otherwise my expectation is that Iraq alone is too much of a mess and we must hope for some larger macroeconomic event that may inure to the benefit of the IQD.
3-15-2020 Intel Guru Frank26 ...They are to lift the value of the Iraqi dinar so that it can be on par with the American dollar not just at one to one but beyond. That's the plan.
3-15-2020 Newshound Guru Jeff Article: "Urgent: The seven committee selects Naim Al-Suhail as a candidate for Prime Minister" Supposedly they have a committee of 7 members and supposedly they've named this gentleman Al-Suhail as a candidate for prime minister...we'll see if they can actually make that announcement Monday supposedly the deadline to appoint a nominee for the Prime Minister. Either way I'm not too concerned about the political process. Remember the Central Bank is completely autonomous from the government itself...the Central Bank has been in communication with the Trump Administration...From all of Iraq's actions in all of '19 they showed us they were setting the stage for this. In greater depth they showed us they were setting the stage for this in Q1 of this year. Iraq has showed us and revealed to us from their steps and factual actions they are ready...
3-15-2020 Intel/Newshound Guru sandyf ...It would be delusional to think that Iraq meets the IMF guidelines for a successful transition. Iraq is in a desperate situation, as was Egypt when the IMF forced the transition as a devaluation mechanism. If Iraq follows the same path it will join Egypt on the list of disorderly transitions with the IQD taking many years to regain the value it has now. Floating the currency is never going to create any meaningful return on the IQD investment.
3-15-2020 Newshound Guru Pimpy For those of you who didn't hear about this. There was a bombing that took place in Iraq. It killed a British citizen along with two American citizens...I told you the response would be quick and swift. This is not your normal president administration. This is the Trump administration and when you kill an American citizen this man does not play around...His responses are very quick, precise and accurate. This guy has removed more terrorists leaders than any other president. It's not a good time to be in a terrorist business. The United States carried out airstrikes over 5 locations across Iraq against Iran backed militia groups that killed 2 Americans and 1 UK citizen...the more Trump removes the Iranian influence out of Iraq the better off we are as dinar holders...
3-15-2020 Intel Guru RayRen98 Iraqi TV in Baghdad is broadcasting that a Prime Minister candidate will be named TODAY and all parties will agree.
3-15-2020 Newshound Guru Pimpy Article: "Reducing the Iraqi dinar exchange rate - determinants and alternatives" ...what they're saying is if you devalue the Iraqi dinar then its gonna kill them on imports...They have to spend more money for raw materials. That's not what they need...they need to increase the value of the Iraqi dinar so that they could get the raw materials needed to rebuild that country. If you decrease it it's only gonna hurt them. It's gonna cause inflation because I'm gonna have to produce more money in order to buy more materials...if oil prices are dropping and it's causing your deficit to go up. If it's causing your budget deficit to increase why would you then turn around and lower the value of your currency? That doesn't make sense...It goes on to say why the hell would Iraq lower their exchange rate that's the opposite of what they should be doing. I'm gonna agree with this article...they go on to make this case that decreasing the value of the currency is the wrong move. It should be increased...
3-15-2020 Newshound Guru G-Lin Article: "Al-Asadi: Tonight, the name of the prime minister will be announced" Quotes: "The head of the "Sanad" parliamentary bloc, Ahmed Al-Asadi, announced on Sunday that tonight the name of the prime minister will be announced."; "in the coming hours, the Seven Committee will decide its decision regarding choosing the appropriate person to form the interim government and submit it for final approval." Looks like a new P.M. maybe.
3-15-2020 Newshound Guru chattels "Floating the currency is never going to create any meaningful return on the IQD investment." is a position that makes good sense to me. I expect that many would likely sell out with a very modest return on their investment. If one had enough dinar to sell some and "get healthy " or even and wait for an uncertain future then maybe such is a workable wealth plan with a float of the currency. Otherwise my expectation is that Iraq alone is too much of a mess and we must hope for some larger macroeconomic event that may inure to the benefit of the IQD.
3-15-2020 Intel Guru Frank26 ...They are to lift the value of the Iraqi dinar so that it can be on par with the American dollar not just at one to one but beyond. That's the plan.
3-15-2020 Newshound Guru Jeff Article: "Urgent: The seven committee selects Naim Al-Suhail as a candidate for Prime Minister" Supposedly they have a committee of 7 members and supposedly they've named this gentleman Al-Suhail as a candidate for prime minister...we'll see if they can actually make that announcement Monday supposedly the deadline to appoint a nominee for the Prime Minister. Either way I'm not too concerned about the political process. Remember the Central Bank is completely autonomous from the government itself...the Central Bank has been in communication with the Trump Administration...From all of Iraq's actions in all of '19 they showed us they were setting the stage for this. In greater depth they showed us they were setting the stage for this in Q1 of this year. Iraq has showed us and revealed to us from their steps and factual actions they are ready...
3-15-2020 Intel/Newshound Guru sandyf ...It would be delusional to think that Iraq meets the IMF guidelines for a successful transition. Iraq is in a desperate situation, as was Egypt when the IMF forced the transition as a devaluation mechanism. If Iraq follows the same path it will join Egypt on the list of disorderly transitions with the IQD taking many years to regain the value it has now. Floating the currency is never going to create any meaningful return on the IQD investment.
3-15-2020 Newshound Guru Pimpy For those of you who didn't hear about this. There was a bombing that took place in Iraq. It killed a British citizen along with two American citizens...I told you the response would be quick and swift. This is not your normal president administration. This is the Trump administration and when you kill an American citizen this man does not play around...His responses are very quick, precise and accurate. This guy has removed more terrorists leaders than any other president. It's not a good time to be in a terrorist business. The United States carried out airstrikes over 5 locations across Iraq against Iran backed militia groups that killed 2 Americans and 1 UK citizen...the more Trump removes the Iranian influence out of Iraq the better off we are as dinar holders...
3-14-2020 Intel Guru Delta Article: "The Governor of the Central Bank, Ali Al-Alaq, revealed today, Saturday, that Iraq's external debts amount to about 23 billion dollars, while internal debts amount to about 40 trillion Iraqi dinars" Quotes: "Al-Alaq said in his study on "Reducing the Iraqi dinar exchange rate, determinants and alternatives,"; “If the country is The debtor pays in its national currency (wink), because it pays the same amount of debts and interest." ...ALAQ...IMO...HE IS GOING TO DO IT...WOW MORE CONFIRMATION...
3-14-2020 Intel Guru Frank26 Their goal was to talk to the citizens of Iraq and to answer their question about the monetary reform and the Q & A broadcast was going to be pro monetary reform. Low and behold look at the government...tell them no to all the nonsense that the Iranian people put out there...And then 3 days ago you have the government of Iraq coming out and also talking. You had Allawi got everything set up. Didn't he say we're doing something with the exchange rate. We're now going to revisit the dollar in the auctions. Golly these are perfect magic sentences-statements we've dreamed about...
3-14-2020 Intel Guru Vital Brad Mahdi is potentially gonna be the prime minister again...the US administration supports Mahdi being back in government...there are people out there who don't like Mahdi but I see Mahdi getting things done. I really see him as pretty level-headed...he's very optimistic about Iraq...
3-14-2020 Intel Guru Delta They know the CBI is about to do something. So this is going to come to the wire. So starting...Sunday morning...maybe next week or so...the Central Bank of Iraq is going to do something. They have to. They are right on the bridge of collapsing. By the way the Central bank of Iraq has done a tremendous job...
3-14-2020 Intel Guru Frank26 ...CBI came out two days ago...remember when I told you the CBI would continue the ongoing education of the monetary reform of the Iraqi dinar? Remember I told you it was really important this education was brought to them? ...it's been coming out piece by piece from the GOI to the CBI...the whole concept is we're going to teach the citizens that the whole concept of devaluing the Iraqi dinar is stupid...and that's Allaq the governor of the CBI...
3-14-2020 Newshound Guru G-Lin Article: "Former minister: Iraqi dinar on the way to "float" Quote: "The former minister, Amer Abdul-Jabbar, confirmed today, Wednesday, that the Iraqi dinar is on the way to floating..." ...I think they are trying to create a level trading field at the borders with other countries. International trading. That's the goal. But in order to do that they must curtail the corruption. They want and need to limit imports and make Iraq self sufficient. That would increase the currency value imo. And it would need to float. But how strange to see a float art. at this turbulent time. ...Oil tanking, virus running a mock globally, incomplete Gov., additional bombing of Taji base yesterday with U.S. and ally casualties, and, and, and...the list goes on. ...I would think this would be the worst time ever to float their currency...but who knows?
3-14-2020 Newshound Guru MilitiaMan Article: "Reducing the Iraqi dinar exchange rate – determinants and alternatives" This is effectively the opposite of the plan. The why and why not to devalue. ...the CBI has explained they are not going to devalue for many reasons. The thing I like is that they use the reasons that support the opposite to occur. They haven't come this far with the reforms to devalue. They are not of the mind at this juncture to hurt the citizens. That imo would be suicide. They clearly see that revenues are in a pinch with oil down. Therefore, imo with out them saying as much they are saying with out saying they are going to raise the value. The negative side of the equation, is devaluation, the positive side is revaluation, imo.. They have the money printed and ready to go, they have the tools in place to facilitate the transition...imo...
3-14-2020 Intel Guru Frank26 Their goal was to talk to the citizens of Iraq and to answer their question about the monetary reform and the Q & A broadcast was going to be pro monetary reform. Low and behold look at the government...tell them no to all the nonsense that the Iranian people put out there...And then 3 days ago you have the government of Iraq coming out and also talking. You had Allawi got everything set up. Didn't he say we're doing something with the exchange rate. We're now going to revisit the dollar in the auctions. Golly these are perfect magic sentences-statements we've dreamed about...
3-14-2020 Intel Guru Vital Brad Mahdi is potentially gonna be the prime minister again...the US administration supports Mahdi being back in government...there are people out there who don't like Mahdi but I see Mahdi getting things done. I really see him as pretty level-headed...he's very optimistic about Iraq...
3-14-2020 Intel Guru Delta They know the CBI is about to do something. So this is going to come to the wire. So starting...Sunday morning...maybe next week or so...the Central Bank of Iraq is going to do something. They have to. They are right on the bridge of collapsing. By the way the Central bank of Iraq has done a tremendous job...
3-14-2020 Intel Guru Frank26 ...CBI came out two days ago...remember when I told you the CBI would continue the ongoing education of the monetary reform of the Iraqi dinar? Remember I told you it was really important this education was brought to them? ...it's been coming out piece by piece from the GOI to the CBI...the whole concept is we're going to teach the citizens that the whole concept of devaluing the Iraqi dinar is stupid...and that's Allaq the governor of the CBI...
3-14-2020 Newshound Guru G-Lin Article: "Former minister: Iraqi dinar on the way to "float" Quote: "The former minister, Amer Abdul-Jabbar, confirmed today, Wednesday, that the Iraqi dinar is on the way to floating..." ...I think they are trying to create a level trading field at the borders with other countries. International trading. That's the goal. But in order to do that they must curtail the corruption. They want and need to limit imports and make Iraq self sufficient. That would increase the currency value imo. And it would need to float. But how strange to see a float art. at this turbulent time. ...Oil tanking, virus running a mock globally, incomplete Gov., additional bombing of Taji base yesterday with U.S. and ally casualties, and, and, and...the list goes on. ...I would think this would be the worst time ever to float their currency...but who knows?
3-14-2020 Newshound Guru MilitiaMan Article: "Reducing the Iraqi dinar exchange rate – determinants and alternatives" This is effectively the opposite of the plan. The why and why not to devalue. ...the CBI has explained they are not going to devalue for many reasons. The thing I like is that they use the reasons that support the opposite to occur. They haven't come this far with the reforms to devalue. They are not of the mind at this juncture to hurt the citizens. That imo would be suicide. They clearly see that revenues are in a pinch with oil down. Therefore, imo with out them saying as much they are saying with out saying they are going to raise the value. The negative side of the equation, is devaluation, the positive side is revaluation, imo.. They have the money printed and ready to go, they have the tools in place to facilitate the transition...imo...
3-13-2020 Newshound/Intel Guru Mnt Goat The drama of selecting a new prime minister continues...The corona virus is not helping either. Just this week an economist came out and said they should put the dinar on a float. Really? We know this will never happen until they are ready to also raise the rate and get out of these auctions and artificially held down rate. ...we have read already many, many articles on the pros and cons of going on a float just inside Iraq. The key is they can not do it “just inside Iraq”. It can not ever happen since the IQD is on a fixed de-facto peg to the US dollar. ...This info alone should nullify such requests by these economists. Yes, the CBI has adjusted the exchange rate from time to time for inflation. This is all they are allowed to do. But this is not a “float”. A float is based on market demand and floats are on an exchange where investors can come in and buy and sell. This will never happen on the artificial rate and process of the currency auctions window at the bank. It is all just talk, talk and more BS from people not responsible for the monetary policy of Iraq or who know how to manage monetary policies for countries.
3-13-2020 Newshound Guru Pimpy ...I did find out Iraq is not under sanctions anymore...I think what we're waiting for is the United Nations moving them out of Ch 7 into Ch 8. Recognize the currency internationally so that it would add a lot of value to the Iraqi dinar for them to be able to start doing business on a more International level...
3-13-2020 Newshound Guru Kaperoni [Guru] sandyf...For the most part you are correct. [reference Guru sandyf post 3-13-2020] Iraq could accept Article VIII, but fear plays a part since it is a one way decision. The IMF does not allow a country to return to Article XIV once accepting VIII. I...expect sooner or later if they want to diversify their resources they will accept it. As for floating the currency, it is the natural progression to get off the peg once they create the conditions for a private sector/market economy. That would be called an "orderly exit." Currently, due to a lack of a prime minister, a cabinet, the laws needed along with low oil and Coronavirus it is creating the "perfect storm" for Iraq's economy and speeding up the transition. In fact, often called a "disorderly exit." I am not a fan of this situation but it is what it is and we will have to see what the CBI decided to do...wait for the perfect conditions or just throw the oars in the water and row for a few months until this passes. ...I do expect if they choose this now for it to devalue some, but not much or for very long. Predictions are 1300-1350 to $1. One thing is for certain though. There is no RV or RI about to happen...
3-13-2020 Intel Guru Bruce I’m not going to call it but everything that we’ve got is pointing to...(Friday) - I’m just saying, that’s what I’m getting... My understanding is things are really good – we know that the redemption centers are staffed and going in early tomorrow [Friday]...and I think we’re going to be in good shape if we just stay with this a little bit longer – may not be much longer either...I feel good about what I’m hearing...
3-13-2020 Newshound Guru Adam Montana ...The world, and the world markets, are treating the Corona Virus as if it were a full blown pandemic - so, whether it deserves to be treated that way or not - that's what we are dealing with. OIL is down to about $30....Stocks... don't even get me started on the markets... Iraq is vulnerable to all of these things, just like the rest of the world - and on top of that, they are dealing with a Prime Minister issue. In spite of all that... guess who's not going anywhere? Iraq, you, and me. We aren't going anywhere...
3-13-2020 Newshound Guru Vital Brad There's just too many thing right now pointing to what we've been waiting for. Here we are beginning of March a lot of people say in March is gonna be a really big month hoping for a reinstatement of their currency. Coming up on the beginning of the second quarter April 1st - potentially a time when they can transition to a new fiscal calendar. March through April is gonna be really interesting to see what happens here in the next little bit. Things are getting exciting over there. You definitely want to stay tuned...
3-13-2020 Intel Guru MarkZ We are sitting here positioned…everything is ready…noone has been paid yet… [Will the IQD float today?] We are told the IQD is supposed to unpeg from the US dollar and start floating today…we are watching it closely. I think today will be an evolving news day.
3-13-2020 Intel/Newshound Guru sandyf ...I read the IMF publications...The IMF started a concerted effort in the mid 90's to get countries into Art 8, but to date Iraq and about 16 others have resisted the pressure. If Iraq wanted to be in Art 8, it could do so very quickly. At the end of the day the so called auctions are related to Iraqi revenue and as long as the revenue is foreign currency based the auctions will remain. Floating the currency is always an option to any country, when the currency is in trouble it is often seen as preferable to multiple devaluations. Iraq is being pushed along the same road as Egypt and that currency lost 50% of it's value overnight.
3-13-2020 Newshound Guru Pimpy ...right now the dinar is pegged. That's a fixed exchange rate against the U.S. dollar...if it floats then what determines its value is gonna be based on supply and demand and market...this is good. As Iraq gets their crap together and the better they do the more valuable the currency becomes...we want this. We've been saying this for a long time. We need them to unpeg from the U.S. dollar which is a fixed exchange rate. Which is manipulated by the government and we want them to go into a floating exchange rate...just like that it can jump up in value...if we get this you'd be surprised what will happen to the dinar once the government is established. Once they're stable and there's no more protesting the dinar would just keep going up and up...[Post 2 of 2]
3-13-2020 Newshound Guru Pimpy Is this right? Is there an article out there saying that we finally have Iraq heading towards a floating rate? This can't be? When I found out about this I almost lost my poop... Article: "Former Minister: Iraqi Dinar On The Way To "Float". ...we want the Iraqi dinar to float. Yes we do! This article says for the purpose of reducing its value. That's not the case. Quote: "The former minister, Jabbar, confirmed today, Wednesday, that the Iraqi dinar is on the way to floating..." ...this is good news believe it or not. I'm not talking about how the dinar is gonna lower in rate... [Post 1 of 2....stay tuned]
3-13-2020 Newshound Guru Kaperoni Can I tool [toot ?] my own horn? Ok here you go...Article: "Former minister: Iraqi dinar on the way to "float" Quote: "the Iraqi dinar is on its way to float (i.e. reduce its value), and the Iraqi government may have to increase the exchange rate of the dollar to 1250 dinars against the dollar in order to obtain additional funds estimated at 4 trillion dinars in the budget and this matter is positive because it will allow encouraging the national industry because it will raise the value Imported goods and makes domestic competitive." Maybe some of you will study monetary policy now... I do agree that under the current conditions it will probably devalue the dinar. That is why I have stated numerous times that is important that they create the conditions to launch a market economy first. If Iraq wants to succeed at raising the value they need to create a market economy, have a gov in place, cabinet and pass laws that investors will come and participate.
3-13-2020 Newshound Guru Pimpy ...I did find out Iraq is not under sanctions anymore...I think what we're waiting for is the United Nations moving them out of Ch 7 into Ch 8. Recognize the currency internationally so that it would add a lot of value to the Iraqi dinar for them to be able to start doing business on a more International level...
3-13-2020 Newshound Guru Kaperoni [Guru] sandyf...For the most part you are correct. [reference Guru sandyf post 3-13-2020] Iraq could accept Article VIII, but fear plays a part since it is a one way decision. The IMF does not allow a country to return to Article XIV once accepting VIII. I...expect sooner or later if they want to diversify their resources they will accept it. As for floating the currency, it is the natural progression to get off the peg once they create the conditions for a private sector/market economy. That would be called an "orderly exit." Currently, due to a lack of a prime minister, a cabinet, the laws needed along with low oil and Coronavirus it is creating the "perfect storm" for Iraq's economy and speeding up the transition. In fact, often called a "disorderly exit." I am not a fan of this situation but it is what it is and we will have to see what the CBI decided to do...wait for the perfect conditions or just throw the oars in the water and row for a few months until this passes. ...I do expect if they choose this now for it to devalue some, but not much or for very long. Predictions are 1300-1350 to $1. One thing is for certain though. There is no RV or RI about to happen...
3-13-2020 Intel Guru Bruce I’m not going to call it but everything that we’ve got is pointing to...(Friday) - I’m just saying, that’s what I’m getting... My understanding is things are really good – we know that the redemption centers are staffed and going in early tomorrow [Friday]...and I think we’re going to be in good shape if we just stay with this a little bit longer – may not be much longer either...I feel good about what I’m hearing...
3-13-2020 Newshound Guru Adam Montana ...The world, and the world markets, are treating the Corona Virus as if it were a full blown pandemic - so, whether it deserves to be treated that way or not - that's what we are dealing with. OIL is down to about $30....Stocks... don't even get me started on the markets... Iraq is vulnerable to all of these things, just like the rest of the world - and on top of that, they are dealing with a Prime Minister issue. In spite of all that... guess who's not going anywhere? Iraq, you, and me. We aren't going anywhere...
3-13-2020 Newshound Guru Vital Brad There's just too many thing right now pointing to what we've been waiting for. Here we are beginning of March a lot of people say in March is gonna be a really big month hoping for a reinstatement of their currency. Coming up on the beginning of the second quarter April 1st - potentially a time when they can transition to a new fiscal calendar. March through April is gonna be really interesting to see what happens here in the next little bit. Things are getting exciting over there. You definitely want to stay tuned...
3-13-2020 Intel Guru MarkZ We are sitting here positioned…everything is ready…noone has been paid yet… [Will the IQD float today?] We are told the IQD is supposed to unpeg from the US dollar and start floating today…we are watching it closely. I think today will be an evolving news day.
3-13-2020 Intel/Newshound Guru sandyf ...I read the IMF publications...The IMF started a concerted effort in the mid 90's to get countries into Art 8, but to date Iraq and about 16 others have resisted the pressure. If Iraq wanted to be in Art 8, it could do so very quickly. At the end of the day the so called auctions are related to Iraqi revenue and as long as the revenue is foreign currency based the auctions will remain. Floating the currency is always an option to any country, when the currency is in trouble it is often seen as preferable to multiple devaluations. Iraq is being pushed along the same road as Egypt and that currency lost 50% of it's value overnight.
3-13-2020 Newshound Guru Pimpy ...right now the dinar is pegged. That's a fixed exchange rate against the U.S. dollar...if it floats then what determines its value is gonna be based on supply and demand and market...this is good. As Iraq gets their crap together and the better they do the more valuable the currency becomes...we want this. We've been saying this for a long time. We need them to unpeg from the U.S. dollar which is a fixed exchange rate. Which is manipulated by the government and we want them to go into a floating exchange rate...just like that it can jump up in value...if we get this you'd be surprised what will happen to the dinar once the government is established. Once they're stable and there's no more protesting the dinar would just keep going up and up...[Post 2 of 2]
3-13-2020 Newshound Guru Pimpy Is this right? Is there an article out there saying that we finally have Iraq heading towards a floating rate? This can't be? When I found out about this I almost lost my poop... Article: "Former Minister: Iraqi Dinar On The Way To "Float". ...we want the Iraqi dinar to float. Yes we do! This article says for the purpose of reducing its value. That's not the case. Quote: "The former minister, Jabbar, confirmed today, Wednesday, that the Iraqi dinar is on the way to floating..." ...this is good news believe it or not. I'm not talking about how the dinar is gonna lower in rate... [Post 1 of 2....stay tuned]
3-13-2020 Newshound Guru Kaperoni Can I tool [toot ?] my own horn? Ok here you go...Article: "Former minister: Iraqi dinar on the way to "float" Quote: "the Iraqi dinar is on its way to float (i.e. reduce its value), and the Iraqi government may have to increase the exchange rate of the dollar to 1250 dinars against the dollar in order to obtain additional funds estimated at 4 trillion dinars in the budget and this matter is positive because it will allow encouraging the national industry because it will raise the value Imported goods and makes domestic competitive." Maybe some of you will study monetary policy now... I do agree that under the current conditions it will probably devalue the dinar. That is why I have stated numerous times that is important that they create the conditions to launch a market economy first. If Iraq wants to succeed at raising the value they need to create a market economy, have a gov in place, cabinet and pass laws that investors will come and participate.
3-12-2020 Intel Guru Footforward [What is your opinion the rate you think? I'm hearing it could just be $4.00 or even higher.] IT'S MY OPINION THE RATE WILL NOT BE $1.34! I'm not sure how much more strongly I can state...My "opinion" is it will be over 3. I don't want to be too specific. There is a reason I need to be somewhat vague...
3-12-2020 Newshound Guru Pimpy ...APN News put out an article last April talking about the different currencies you should invest in. Article "Why You Should Invest In The Iraqi Dinar." APN is from India...they're talking about the US dollar, the Euro, the Japanese yen, the British Pound, the Canadian dollar. It goes on...quote "if you are interested in investing in an upcoming currency, you need to select Iraqi dinar." They're encouraging people to invest in the Iraq dinar. It doesn't say like our government, avoid it. It's a scam. No the APN is telling people to invest in the Iraq dinar. It says in the next few years Iraqi dinar is expected to become one of the major currencies in the Middle East. We know this. I know you naysayers out there going this is a scam...Here in the America they call it a scam but other counties they call it an investment...
3-12-2020 Newshound Guru Vital Brad Article "Can Iraq pay salaries after the collapse in oil prices? The government advisor answers" Well not at the current rate that their money is. That wouldn't quite work. But is it creating a perfect storm with these lower oil prices to raise a currency value to be able to continue to pay the salaries? ...reducing expenses that's only gonna go so far. They're gonna need to do something different like reinstate their currency which would change the value IMO. Which would cover their salaries. It's like things are coming to a head IMO.
3-12-2020 Intel Guru MarkZ [via PDK] I am still hearing they want to have this out the door and some people in the banks by Friday... [Today is the day the dinar will start floating as soon as the UN gives their blessing...all sanctions have been lifted.] I am hearing the same thing…today should be a very busy news day. [Do you think Iraq will float their currency?] Yes I do…..It makes the most sense to me…I do not believe that will affect our rates or contract prices. They know roughly where its going to float to…I always assumed it would float. It’s the easiest way for them to buy it off the street. As soon as it starts to float a lot of people will go ahead and exchange. The float makes economic sense. ...we are in a front row seat to history…it seems like it is coming unglued…its all helter skelter…the sky is falling…this is a fantastic position for us. I know its scary, but we are watching it happen right in front of our eyes.
3-12-2020 Newshound/Intel Guru Francis Albert Not sure where this "float" thing is coming from. All currencies go up and down based on people buying and selling them. I believe there's over 5 Trillion, (that's a T) bet on the FOREX market every DAY. And all currencies are basically pegged to the dollar whether they like it or not. As the Iraqi Dinar rises in value after going International on FOREX, the money currency players on FOREX make on a rising Dinar comes from other traders, not Iraq.
3-12-2020 Intel Guru Frank26 ...the fear tactics that were used as great weapons by Iran against Iraqi citizens it ain't there no more and it's been replaced by the big stick of the United States of America...That's what President Trump is. He's got one big stick. You don't want to be hit by it...
3-12-2020 Newshound Guru Pimpy ...I told you I think that Iraq is gonna come out on a sweet spot of around $1.34...one of the things they can do is increase the value of the dinar. Give themselves purchasing power and let them go and buy stuff from other countries that they need so they could get all their needs taken care of...
3-12-2020 Newshound Guru Vital Brad All of a sudden there's talk of Mahdi being the Prime Minister again. IMO it's because of a time crunch. They're under a time constraint with things that we know are happening in the background. So they're gonna plop Mahadi back in. Mahadi's already agreed to early elections in December which is what people want. But they also need a seated government...
3-12-2020 Newshound Guru Pimpy ...APN News put out an article last April talking about the different currencies you should invest in. Article "Why You Should Invest In The Iraqi Dinar." APN is from India...they're talking about the US dollar, the Euro, the Japanese yen, the British Pound, the Canadian dollar. It goes on...quote "if you are interested in investing in an upcoming currency, you need to select Iraqi dinar." They're encouraging people to invest in the Iraq dinar. It doesn't say like our government, avoid it. It's a scam. No the APN is telling people to invest in the Iraq dinar. It says in the next few years Iraqi dinar is expected to become one of the major currencies in the Middle East. We know this. I know you naysayers out there going this is a scam...Here in the America they call it a scam but other counties they call it an investment...
3-12-2020 Newshound Guru Vital Brad Article "Can Iraq pay salaries after the collapse in oil prices? The government advisor answers" Well not at the current rate that their money is. That wouldn't quite work. But is it creating a perfect storm with these lower oil prices to raise a currency value to be able to continue to pay the salaries? ...reducing expenses that's only gonna go so far. They're gonna need to do something different like reinstate their currency which would change the value IMO. Which would cover their salaries. It's like things are coming to a head IMO.
3-12-2020 Intel Guru MarkZ [via PDK] I am still hearing they want to have this out the door and some people in the banks by Friday... [Today is the day the dinar will start floating as soon as the UN gives their blessing...all sanctions have been lifted.] I am hearing the same thing…today should be a very busy news day. [Do you think Iraq will float their currency?] Yes I do…..It makes the most sense to me…I do not believe that will affect our rates or contract prices. They know roughly where its going to float to…I always assumed it would float. It’s the easiest way for them to buy it off the street. As soon as it starts to float a lot of people will go ahead and exchange. The float makes economic sense. ...we are in a front row seat to history…it seems like it is coming unglued…its all helter skelter…the sky is falling…this is a fantastic position for us. I know its scary, but we are watching it happen right in front of our eyes.
3-12-2020 Newshound/Intel Guru Francis Albert Not sure where this "float" thing is coming from. All currencies go up and down based on people buying and selling them. I believe there's over 5 Trillion, (that's a T) bet on the FOREX market every DAY. And all currencies are basically pegged to the dollar whether they like it or not. As the Iraqi Dinar rises in value after going International on FOREX, the money currency players on FOREX make on a rising Dinar comes from other traders, not Iraq.
3-12-2020 Intel Guru Frank26 ...the fear tactics that were used as great weapons by Iran against Iraqi citizens it ain't there no more and it's been replaced by the big stick of the United States of America...That's what President Trump is. He's got one big stick. You don't want to be hit by it...
3-12-2020 Newshound Guru Pimpy ...I told you I think that Iraq is gonna come out on a sweet spot of around $1.34...one of the things they can do is increase the value of the dinar. Give themselves purchasing power and let them go and buy stuff from other countries that they need so they could get all their needs taken care of...
3-12-2020 Newshound Guru Vital Brad All of a sudden there's talk of Mahdi being the Prime Minister again. IMO it's because of a time crunch. They're under a time constraint with things that we know are happening in the background. So they're gonna plop Mahadi back in. Mahadi's already agreed to early elections in December which is what people want. But they also need a seated government...
3-11-2020 Intel Guru Frank26 Russia refused to scale back on it's [oil] exports and that pissed off Saudi Arabia. And they said whatever they said to Russia...you know what Russia we told you not to mess around...Saudi Arabia says...we will increase our oil production and exports which has now given a surplus of oil in the markets causing the price of oil to go down dramatically pushing dramatically the reinstatement of the Iraqi dinar a lot faster. In order to offset this budget fund deficit...
3-11-2020 Intel Guru Bruce [via WiserNow] ...This is not calling it – it is telling you what I am hearing from several sources that are pointing to activity that should happen overnight...I’m feeling very good about this going...I think oil has come back up to where it’s in the 33 dollar range from being down to 29 or 30 dollars a barrel – that could very well effect in my opinion the rate of the Iraqi Dinar and that’s why no rate came up this morning as we were told it would on the Iraqi Dinar...I think they are still trying to let this thing settle a little bit but I do feel when it’s time for us to go Iraq will have their new rate...
3-11-2020 Newshound Guru Pimpy ...the Iraqi Stock Exchange is closed until March 21st. So many rumors out there before this was announced. Why did they close until March 21st? ...maybe they are preparing themselves for what? The rate change. Could they be preparing themselves for a rate change? Is that what's going on? We'll find out right.
3-11-2020 Newshound Guru Vital Brad Article "Iraqi Stock Exchange decides to close the investor's hall until March 21." Not only did they close the hall but the actual trading sessions have been shut down until March 21. Does that seem a little odd? They're gonna open back up on March 21st which is Saturday going into Sunday. I've always heard that it's gonna happen {the RV} on a weekend. Interesting piece...Is it the coronavirus or something else going on?
3-11-2020 Intel Guru MarkZ [via PDK] I am still hearing they want to have people in the banks exchanging on Friday. At least some of us… My bankers think we will go by Friday and hear that is what they are shooting for but, we really cannot pick the time. We are watching it all unfold right now… No rate change in Iraq…yet...
3-11-2020 Intel Guru Frank26 ...IMO the exchange rate is already in place. They are having meetings and talking about this. They have deep discussions about the current situation of the monetary reform of exactly where it's at right now. It's important for them. They're talking IMO about the exchange rate not the calculations of it but its implementation. The CBI is retouching bases with their banks again and is completed. And they're all on the same page. They're all on the same date. There are ongoing meetings. They're doing it right now...they're talking about the rate...they're speaking of a specific time-line and date of the redenomination...will this take a long time to accomplish? IMO no...[Reference Angel1 Post 3-10-2020]
3-11-2020 Intel Guru Footforward [So much stalling and kicking the can makes you wonder.] There is no stalling or kicking the can. For the first time in 15 years the can isn't getting kicked. Things are actually getting done.
3-11-2020 Newshound Guru Kaperoni ...The auctions absolutely will go away once the CBI accepts IMF Article VIII. There will be little need once the dinar is traded globally. In fact, it is preferred. And once the dinar floats, the global financial system will trade the dinar and its value qill be determined by market forces.
3-11-2020 Newshound Guru Pimpy ...they're threatening $20 a barrel for oil...this is a war between Saudi Arabia and Russia as far as energy is concerned. Putin sparked the oil war...let's see how long it lasts but instantaneously the price of oil dropped 21%. What does this do for the Iraqi people? This just kills them...Iraq is so dependent on their oil...the United Nations needs to let Iraq lift off the sanctions. They need to let them deal internationally. They have to let those sanctions go. Move from chapter 7 into chapter 8...that allows them then to change the rate. I still think it's gonna come out at around $1.34. This allows Iraq's economy to go ahead and start being competitive. To start bringing in outside investors...this might be the thing that triggers the rate change so keep your fingers crossed...
3-11-2020 Intel Guru Bruce [via WiserNow] ...This is not calling it – it is telling you what I am hearing from several sources that are pointing to activity that should happen overnight...I’m feeling very good about this going...I think oil has come back up to where it’s in the 33 dollar range from being down to 29 or 30 dollars a barrel – that could very well effect in my opinion the rate of the Iraqi Dinar and that’s why no rate came up this morning as we were told it would on the Iraqi Dinar...I think they are still trying to let this thing settle a little bit but I do feel when it’s time for us to go Iraq will have their new rate...
3-11-2020 Newshound Guru Pimpy ...the Iraqi Stock Exchange is closed until March 21st. So many rumors out there before this was announced. Why did they close until March 21st? ...maybe they are preparing themselves for what? The rate change. Could they be preparing themselves for a rate change? Is that what's going on? We'll find out right.
3-11-2020 Newshound Guru Vital Brad Article "Iraqi Stock Exchange decides to close the investor's hall until March 21." Not only did they close the hall but the actual trading sessions have been shut down until March 21. Does that seem a little odd? They're gonna open back up on March 21st which is Saturday going into Sunday. I've always heard that it's gonna happen {the RV} on a weekend. Interesting piece...Is it the coronavirus or something else going on?
3-11-2020 Intel Guru MarkZ [via PDK] I am still hearing they want to have people in the banks exchanging on Friday. At least some of us… My bankers think we will go by Friday and hear that is what they are shooting for but, we really cannot pick the time. We are watching it all unfold right now… No rate change in Iraq…yet...
3-11-2020 Intel Guru Frank26 ...IMO the exchange rate is already in place. They are having meetings and talking about this. They have deep discussions about the current situation of the monetary reform of exactly where it's at right now. It's important for them. They're talking IMO about the exchange rate not the calculations of it but its implementation. The CBI is retouching bases with their banks again and is completed. And they're all on the same page. They're all on the same date. There are ongoing meetings. They're doing it right now...they're talking about the rate...they're speaking of a specific time-line and date of the redenomination...will this take a long time to accomplish? IMO no...[Reference Angel1 Post 3-10-2020]
3-11-2020 Intel Guru Footforward [So much stalling and kicking the can makes you wonder.] There is no stalling or kicking the can. For the first time in 15 years the can isn't getting kicked. Things are actually getting done.
3-11-2020 Newshound Guru Kaperoni ...The auctions absolutely will go away once the CBI accepts IMF Article VIII. There will be little need once the dinar is traded globally. In fact, it is preferred. And once the dinar floats, the global financial system will trade the dinar and its value qill be determined by market forces.
3-11-2020 Newshound Guru Pimpy ...they're threatening $20 a barrel for oil...this is a war between Saudi Arabia and Russia as far as energy is concerned. Putin sparked the oil war...let's see how long it lasts but instantaneously the price of oil dropped 21%. What does this do for the Iraqi people? This just kills them...Iraq is so dependent on their oil...the United Nations needs to let Iraq lift off the sanctions. They need to let them deal internationally. They have to let those sanctions go. Move from chapter 7 into chapter 8...that allows them then to change the rate. I still think it's gonna come out at around $1.34. This allows Iraq's economy to go ahead and start being competitive. To start bringing in outside investors...this might be the thing that triggers the rate change so keep your fingers crossed...
3-10-2020 Newshound Guru Breitling I've never had fear of the Iraqi dinar gaining value. It's just at what pace and at what rate. I have more confidence today than I've ever had. But the dinar crowd this is gonna be a prayer answered and then it's gonna be taken away because the most important part of what they need to know they're not even looking at. They're just worried about getting the money. You have to have a tax plan in place... [Speak to your tax professional at the appropriate time...]
3-10-2020 Newshound/Intel Guru Mnt Goat ...we are waiting for our third miracle. This miracle is finding that person who will be the saving grace for Iraq to stand up to all the corruption. This corruption stems from Iranian backed militias, the strong-arm of the Iranian backed politicians. I believe this person is Mohammed Allawi. Yes, he did not get his way with the cabinet he wanted and so he backed out, for now. But he will return as he is the man for the job and will come back in time. ...Once Allawi has the legitimate power he needs we will see the necessary changes. Literally, things can change very quickly. It is amazing what a difference a day can make. We wait for this miracle.
3-10-2010 Newshound Guru Angel1 ...There was breaking news all across the [Iraqi] news networks and what they were talking about there was going to be a Q & A interview with the PM Mahadi and the Minister of Finance. I am desperately trying to get my hands on the translation...I believe it was a good piece of what we are looking for. [Reference Frank26 3-10-2020 below] We are in an incredible position...what we were waiting for was happening on the other side of the world. I cannot stress enough - things are on red alert...what we have been seeing behind the scenes has been happening...we are starting to see the public results of private meetings and that is why we're excited...
3-10-2020 Intel/Newshound Guru Frank26 ...the next thing IMO that we should be seeing is the CBI governor Allaq and representations, the Prime Minister Mahadi right now under the caretaker government as a whole and the minister of Finance...those three entities to do a Q & A broadcast presentation speech to the country of Iraq in strong support of the redenomination process of the Iraqi dinar. IMO we're at a good stage for lift off...
3-10-2020 Newshound Guru Jeff ...There's one main thing we're both [Guru Pimpy] looking for. When we see it we're gonna bring it forth and show it to you. It's almost here. It's gonna confirm everything that we've shared with you to let you know you're right there and right on the cusp and edge of this thing. When we see it we will share that with you...we are looking amazing. We're still right on track with everything...
3-10-2020 Intel Guru Footforward ...as of right now my feeling is this could be done by the end of march.
3-10-2020 Intel Guru Frank26 ...we believe the coronavirus has put the CBI in a very comfortable wonderful situation where they were lacking the mechanism to bring in the 3 zeros in order to complete the reinstatement of the Iraqi dinar...they're telling them they'll give you new currency when you bring in your three zeros...they say the reason why is they're saying they want you to bring in the currency that has the virus on it. But that's silly. That's ridiculous because the teller is not wearing a med-hat suit. He's not wearing gloves. He's not in a bubble...he's giving them the new small category notes...the logic is a bunch of baloney. It's not true at all. The CBI is using it to their advantage... the CBI has begun a very strategic usage of this...
3-10-2020 Intel Guru Okie_Oil_Man THIS WAS/IS TO BE A PRIVATE TRANSACTION AND THE GENERAL PUBLIC WAS NOT TO BE INVOLVED. THANKS TO G.W.B. SIGNING E.O.13303 WE WERE PERMITTED TO PARTICIPATE—
3-10-2020 Intel Guru MarkZ [via PDK] ...Most of my sources are expecting something to happen between now and Thursday. For money to move and us to be in the banks by Friday. That is the current rumors running around from my financially connected folks...Redemption Center staff are manned and expect to work this weekend...I am still excited at where we are at.
3-10-2020 Newshound Guru Pimpy Vietnam has their ducks in a row way more than Iraq does. They don't have a problem with their government. It's not unstable. Their economy is pretty healthy and things seem to be going pretty good there...Vietnam is ready to really take a more active role on the international scene. They want to start doing business with other businesses in the United States...the banks want to get involved...this is great news if you hold Vietnam dong because the stronger they get the stronger the Vietnam dong becomes...April 6 is [when] the new Trump policies are being implemented that if any country is found manipulating their currency there's additional tariffs, penalties and sanctions put on them. Vietnam was red hot on their list...this is good. This is what we want...
3-10-2020 Newshound Guru Breitling Will the lack of a Prime Minister have an effect on the revaluation? No I don't see it that way. Remember the CBI is in charge of handing their currency...
3-10-2020 Newshound Guru Jeff ...Friday Brent crude oil was $45 a barrel. As of this evening Brent crude dropped $10 down to $35 a barrel. Everything is moving and happening exactly as I told you it would...remember their goal is to make Iraq look worse than it is...they're doing that politically. Economically. Everything. So now ask yourself why would they have all these crappy lying articles to make the country look like it's completely upside down in terrible shape and then they have these amazing banking articles. That should raise a red flag to you. We're right on track. Nothing on my side has changed...
3-10-2020 Intel Guru MarkZ [...I heard all the same talking points for the global reset in “08…what makes this different.] The biggest difference is CIPS. We now have a backbone…we can work around the central banking system. Also in “08 there were not enough nations who had aggregated gold to back a currency change. …lots has happened since “08…. In “08 you needed the central banking system to move international money…now you don’t and it can happen almost instantly. That to me is the biggest difference.
3-10-2020 Newshound/Intel Guru Mnt Goat ...we are waiting for our third miracle. This miracle is finding that person who will be the saving grace for Iraq to stand up to all the corruption. This corruption stems from Iranian backed militias, the strong-arm of the Iranian backed politicians. I believe this person is Mohammed Allawi. Yes, he did not get his way with the cabinet he wanted and so he backed out, for now. But he will return as he is the man for the job and will come back in time. ...Once Allawi has the legitimate power he needs we will see the necessary changes. Literally, things can change very quickly. It is amazing what a difference a day can make. We wait for this miracle.
3-10-2010 Newshound Guru Angel1 ...There was breaking news all across the [Iraqi] news networks and what they were talking about there was going to be a Q & A interview with the PM Mahadi and the Minister of Finance. I am desperately trying to get my hands on the translation...I believe it was a good piece of what we are looking for. [Reference Frank26 3-10-2020 below] We are in an incredible position...what we were waiting for was happening on the other side of the world. I cannot stress enough - things are on red alert...what we have been seeing behind the scenes has been happening...we are starting to see the public results of private meetings and that is why we're excited...
3-10-2020 Intel/Newshound Guru Frank26 ...the next thing IMO that we should be seeing is the CBI governor Allaq and representations, the Prime Minister Mahadi right now under the caretaker government as a whole and the minister of Finance...those three entities to do a Q & A broadcast presentation speech to the country of Iraq in strong support of the redenomination process of the Iraqi dinar. IMO we're at a good stage for lift off...
3-10-2020 Newshound Guru Jeff ...There's one main thing we're both [Guru Pimpy] looking for. When we see it we're gonna bring it forth and show it to you. It's almost here. It's gonna confirm everything that we've shared with you to let you know you're right there and right on the cusp and edge of this thing. When we see it we will share that with you...we are looking amazing. We're still right on track with everything...
3-10-2020 Intel Guru Footforward ...as of right now my feeling is this could be done by the end of march.
3-10-2020 Intel Guru Frank26 ...we believe the coronavirus has put the CBI in a very comfortable wonderful situation where they were lacking the mechanism to bring in the 3 zeros in order to complete the reinstatement of the Iraqi dinar...they're telling them they'll give you new currency when you bring in your three zeros...they say the reason why is they're saying they want you to bring in the currency that has the virus on it. But that's silly. That's ridiculous because the teller is not wearing a med-hat suit. He's not wearing gloves. He's not in a bubble...he's giving them the new small category notes...the logic is a bunch of baloney. It's not true at all. The CBI is using it to their advantage... the CBI has begun a very strategic usage of this...
3-10-2020 Intel Guru Okie_Oil_Man THIS WAS/IS TO BE A PRIVATE TRANSACTION AND THE GENERAL PUBLIC WAS NOT TO BE INVOLVED. THANKS TO G.W.B. SIGNING E.O.13303 WE WERE PERMITTED TO PARTICIPATE—
3-10-2020 Intel Guru MarkZ [via PDK] ...Most of my sources are expecting something to happen between now and Thursday. For money to move and us to be in the banks by Friday. That is the current rumors running around from my financially connected folks...Redemption Center staff are manned and expect to work this weekend...I am still excited at where we are at.
3-10-2020 Newshound Guru Pimpy Vietnam has their ducks in a row way more than Iraq does. They don't have a problem with their government. It's not unstable. Their economy is pretty healthy and things seem to be going pretty good there...Vietnam is ready to really take a more active role on the international scene. They want to start doing business with other businesses in the United States...the banks want to get involved...this is great news if you hold Vietnam dong because the stronger they get the stronger the Vietnam dong becomes...April 6 is [when] the new Trump policies are being implemented that if any country is found manipulating their currency there's additional tariffs, penalties and sanctions put on them. Vietnam was red hot on their list...this is good. This is what we want...
3-10-2020 Newshound Guru Breitling Will the lack of a Prime Minister have an effect on the revaluation? No I don't see it that way. Remember the CBI is in charge of handing their currency...
3-10-2020 Newshound Guru Jeff ...Friday Brent crude oil was $45 a barrel. As of this evening Brent crude dropped $10 down to $35 a barrel. Everything is moving and happening exactly as I told you it would...remember their goal is to make Iraq look worse than it is...they're doing that politically. Economically. Everything. So now ask yourself why would they have all these crappy lying articles to make the country look like it's completely upside down in terrible shape and then they have these amazing banking articles. That should raise a red flag to you. We're right on track. Nothing on my side has changed...
3-10-2020 Intel Guru MarkZ [...I heard all the same talking points for the global reset in “08…what makes this different.] The biggest difference is CIPS. We now have a backbone…we can work around the central banking system. Also in “08 there were not enough nations who had aggregated gold to back a currency change. …lots has happened since “08…. In “08 you needed the central banking system to move international money…now you don’t and it can happen almost instantly. That to me is the biggest difference.
3-9-2020 Intel Guru Okie_Oil_Man ...THERE ARE NOT MUCH I CAN SAY THAT I WANT TO OTHER THAN WE ARE IN AN EXTREMELY SHORT WINDOW—GET READLY—NOW! I AM ECSTATIC AS TO WHERE WE ARE PRESENTLY...IT IS BEING STATED THAT ALL THE CHAOS NOW HAS BEEN PLANNED AS A COVER FOR OUR EVENT...THE OIL MARKET IS CAUSED BY THE RUSSIAN/SAUDI RIFT...IF YOU TAKE ALL THINGS GOING ON PRESENTLY, YOU WILL SEE THE PERFECT COVER FOR THE R.V.
3-9-2020 Newshound Guru Kaperoni ...I wouldn't be so broad is to say nothing happened a lot has happened over the last few years...just not what most are looking for...no doubt there hasn't been any Improvement in the exchange rate but there has been progress over the last several years to diversify the economy. And that will have to continue if this plan of raising the value will ever work...The IMF doesn't want countries pegged. They want them to float and let the world decide the value of their currency. Eventually that will have to happen if Iraq gets substantial investment. (Some 60 billion dollars) to rebuild that they are wishing for.
3-9-2020 Intel Guru Delta Trade Bank of Iraq... "Our dear customers: We would like to inform you that the promotion of personal loan transactions has been stopped until further notice..." [Delta...what does this mean? How does this benefit us?] RATE IS CHANGING...(wink)
3-9-2020 Intel Guru MarkZ Everybody seems to be in a surprisingly good mood with the world on the brink today…..well, it’s good for us. I think this week we are going to have to sit back, grab our popcorn and watch everything unfold as things go screaming into place for us. Now look at the oil crash today... Oil props up the Petro Dollar...Saudi Arabia just said the US dollar is basically crap... This is big. When you are buying gold you are shorting the dollar. Then Saudi Arabia crashes the oil prices…at present levels oil is expected to close at $27 to $32 dollars a barrel today...it could go lower if Saudi Arabia declares war on the Petro dollar. This is BIG NEWS screaming we are about to have a reset! Just read the news and you will see we are so close to a reset. [...[Guru] Okie says it’s gonna happen this week...] I think there is a better then excellent chance he is right. There is so many economic indicators screaming that there is no place to go. ...Its going to be a interesting week…and we will all be here watching it happen.
3-9-2020 Newshound Guru Pimpy Article Salih: The UN Security Council Sanctions Still Apply To Iraq. ...what that means is they're preventing their currencies from being recognized internationally. This means that Iraq can't really step out on the International market and do business like they need to do. If the rate change happened today...we would have a hard time trying to exchange our money with some of our banks because the currency is not bing recognized internationally. I know Chase Bank is accepting the dinar now at its current rate and my assumption would be that if a rate change happens they would honor the new rate. But there's a lot of banks and a lot of financial institutions that are not recognizing Iraq internationally...
3-9-2020 Newshound Guru Jeff ...we're at the end...all the news talking about Iraq's economics. Political scene. The budget. Everything is complete pure BS...everything is waiting on the rate change including the politics...only one level of news has been accurate. That's the banking news. You guys have seen some really good banking articles through this past week...
3-9-2020 Newshound Guru Breitling ...the coronavirus...I've literally had people go nuts on me...here's the thing it's completely opposite. The markets are driving oil prices down. The demand for oil is going down. Therefore Iraq is not bringing in enough U.S. Dollars to cover their budget and the solution is to add value to their own currency which is undervalued anyways. What do you think the coronavirus is gonna do? Do you think it's going to stop that or accelerate that? ...the reality is for Iraq, if it puts pressure on their economy, then it's going to lead to our advantage. They need to add value to their currency to make up for what's being lost market wise...
3-9-2020 Intel Guru Footforward [Question: You don't think that this level of price drop endangers an RV? Hard to believe that Iraq could come out at a decent rate with this sort of price plunge on oil.] I see it pushing the financial crisis in the middle east to a breaking point where they have to RV. They will have to make a deal with Saudi Arabia on oil prices to make that happen.
3-9-2020 Newshound Guru Pimpy ...because of the coronavirus crude oil is tanking, just like cryptocurrencies. Just like the Dow. These things are getting killed. Just getting annihilated...it dropped to $45 I think right now. It might have dropped a little bit more...between the protestors and their government and the PM I don't know how much worse it can get for Iraq. It's just at its worse...this actually might be good for us in the Iraqi dinar community...let's just hope that oil prices keep going down and maybe that might trigger something that we've been waiting for...if ever a time before where Iraq needed a rate change to happen it's definitely now...
3-9-2020 Newshound Guru Kaperoni ...I wouldn't be so broad is to say nothing happened a lot has happened over the last few years...just not what most are looking for...no doubt there hasn't been any Improvement in the exchange rate but there has been progress over the last several years to diversify the economy. And that will have to continue if this plan of raising the value will ever work...The IMF doesn't want countries pegged. They want them to float and let the world decide the value of their currency. Eventually that will have to happen if Iraq gets substantial investment. (Some 60 billion dollars) to rebuild that they are wishing for.
3-9-2020 Intel Guru Delta Trade Bank of Iraq... "Our dear customers: We would like to inform you that the promotion of personal loan transactions has been stopped until further notice..." [Delta...what does this mean? How does this benefit us?] RATE IS CHANGING...(wink)
3-9-2020 Intel Guru MarkZ Everybody seems to be in a surprisingly good mood with the world on the brink today…..well, it’s good for us. I think this week we are going to have to sit back, grab our popcorn and watch everything unfold as things go screaming into place for us. Now look at the oil crash today... Oil props up the Petro Dollar...Saudi Arabia just said the US dollar is basically crap... This is big. When you are buying gold you are shorting the dollar. Then Saudi Arabia crashes the oil prices…at present levels oil is expected to close at $27 to $32 dollars a barrel today...it could go lower if Saudi Arabia declares war on the Petro dollar. This is BIG NEWS screaming we are about to have a reset! Just read the news and you will see we are so close to a reset. [...[Guru] Okie says it’s gonna happen this week...] I think there is a better then excellent chance he is right. There is so many economic indicators screaming that there is no place to go. ...Its going to be a interesting week…and we will all be here watching it happen.
3-9-2020 Newshound Guru Pimpy Article Salih: The UN Security Council Sanctions Still Apply To Iraq. ...what that means is they're preventing their currencies from being recognized internationally. This means that Iraq can't really step out on the International market and do business like they need to do. If the rate change happened today...we would have a hard time trying to exchange our money with some of our banks because the currency is not bing recognized internationally. I know Chase Bank is accepting the dinar now at its current rate and my assumption would be that if a rate change happens they would honor the new rate. But there's a lot of banks and a lot of financial institutions that are not recognizing Iraq internationally...
3-9-2020 Newshound Guru Jeff ...we're at the end...all the news talking about Iraq's economics. Political scene. The budget. Everything is complete pure BS...everything is waiting on the rate change including the politics...only one level of news has been accurate. That's the banking news. You guys have seen some really good banking articles through this past week...
3-9-2020 Newshound Guru Breitling ...the coronavirus...I've literally had people go nuts on me...here's the thing it's completely opposite. The markets are driving oil prices down. The demand for oil is going down. Therefore Iraq is not bringing in enough U.S. Dollars to cover their budget and the solution is to add value to their own currency which is undervalued anyways. What do you think the coronavirus is gonna do? Do you think it's going to stop that or accelerate that? ...the reality is for Iraq, if it puts pressure on their economy, then it's going to lead to our advantage. They need to add value to their currency to make up for what's being lost market wise...
3-9-2020 Intel Guru Footforward [Question: You don't think that this level of price drop endangers an RV? Hard to believe that Iraq could come out at a decent rate with this sort of price plunge on oil.] I see it pushing the financial crisis in the middle east to a breaking point where they have to RV. They will have to make a deal with Saudi Arabia on oil prices to make that happen.
3-9-2020 Newshound Guru Pimpy ...because of the coronavirus crude oil is tanking, just like cryptocurrencies. Just like the Dow. These things are getting killed. Just getting annihilated...it dropped to $45 I think right now. It might have dropped a little bit more...between the protestors and their government and the PM I don't know how much worse it can get for Iraq. It's just at its worse...this actually might be good for us in the Iraqi dinar community...let's just hope that oil prices keep going down and maybe that might trigger something that we've been waiting for...if ever a time before where Iraq needed a rate change to happen it's definitely now...
3-8-2020 Newshound Guru Adam Montana ...I think they did want over $3 at first, and there was a small chance it could have happened. Now that time has passed, and more people (and institutions) are aware of it and have had time to prepare, they will have to keep it to a dollar or less. [reference Guru Breitling post 3-8-2020]
3-8-2020 Intel Guru Footforward Suddenly people are talking about how Iraq's economy is in trouble. The puzzle pieces are coming together so well. Without an RV Iraq is in big trouble.
3-8-2020 Intel Guru Frank26 Question IYO could the concern of the coronavirus spreading via handling old IQD hasten the issuing of the new lower denoms? ...in the last 4 or 5 days with my teams we're considering now the CBI is now using the coronavirus as part of their strategy for the reinstatement of their currency. And for the announcement and the education...
3-8-2020 Newshound Guru Breitling ...I get emails from people asking what rate would you get out at? We know what they want. At a minimum they want to get to a dollar. Back in the day they wanted to get to $3.25...There's no way to know. That's why I suggest that it's very important that you know what you want. You got to buy a house. You want to pay off your house. What are you gonna do? That will give you your best measuring stick that you need to be able to exchange and at what rates...we're speculating on a real opportunity...
3-8-2020 Intel/Newshound Gurus Delta and MilitiaMan ...with the CBI telling banks to stop using cash because of the Corona Virus, they'll (the CBI) need to cease using cash as well. All types of currencies, too. Thus, they will need to stop the Currency Auctions. (KO punch to Iran?) They now have a valid excuse outside the parameters of the GOI to RI, as it is vital to the Monetary system to keep money moving. They stop money movement they will have problems with the IMF, UST, WB, inflation rearing it's ugly head, no liquidity, etc.. So this suggests they are ready to raise the rate soon, as they have the calculations and values necessary to do so. The have the excuse of the virus as an ace in the hole to get it done. imo. They will soon announce they are Art 8 and at what rate they have calculated for the value of the future IQD exchange rate that all the Iraqis await and we too.. imo...the Perfect Storm is Upon us..ioo... [post 2 of 2]
3-8-2020 Intel/Newshound Gurus Delta and MilitiaMan Delta: Article: "Mansour Express Exchange and Remittance System" A new product through the system for the window selling foreign currency to the Central Bank of Iraq. MilitiaMan: They clearly have now set things up to be electronic and in a big way. And in an International way. They are telling us they have the legal accounting, evidence of "Calculations", of Accounting Values, with International Standards...suggests they have the international rate to go with it too. They would not be going cashless with a system like this at a program rate and at a time like this. But at an international rate imo, yes they would. [post 1 of 2....stay tuned]
3-8-2020 Intel Guru Footforward Suddenly people are talking about how Iraq's economy is in trouble. The puzzle pieces are coming together so well. Without an RV Iraq is in big trouble.
3-8-2020 Intel Guru Frank26 Question IYO could the concern of the coronavirus spreading via handling old IQD hasten the issuing of the new lower denoms? ...in the last 4 or 5 days with my teams we're considering now the CBI is now using the coronavirus as part of their strategy for the reinstatement of their currency. And for the announcement and the education...
3-8-2020 Newshound Guru Breitling ...I get emails from people asking what rate would you get out at? We know what they want. At a minimum they want to get to a dollar. Back in the day they wanted to get to $3.25...There's no way to know. That's why I suggest that it's very important that you know what you want. You got to buy a house. You want to pay off your house. What are you gonna do? That will give you your best measuring stick that you need to be able to exchange and at what rates...we're speculating on a real opportunity...
3-8-2020 Intel/Newshound Gurus Delta and MilitiaMan ...with the CBI telling banks to stop using cash because of the Corona Virus, they'll (the CBI) need to cease using cash as well. All types of currencies, too. Thus, they will need to stop the Currency Auctions. (KO punch to Iran?) They now have a valid excuse outside the parameters of the GOI to RI, as it is vital to the Monetary system to keep money moving. They stop money movement they will have problems with the IMF, UST, WB, inflation rearing it's ugly head, no liquidity, etc.. So this suggests they are ready to raise the rate soon, as they have the calculations and values necessary to do so. The have the excuse of the virus as an ace in the hole to get it done. imo. They will soon announce they are Art 8 and at what rate they have calculated for the value of the future IQD exchange rate that all the Iraqis await and we too.. imo...the Perfect Storm is Upon us..ioo... [post 2 of 2]
3-8-2020 Intel/Newshound Gurus Delta and MilitiaMan Delta: Article: "Mansour Express Exchange and Remittance System" A new product through the system for the window selling foreign currency to the Central Bank of Iraq. MilitiaMan: They clearly have now set things up to be electronic and in a big way. And in an International way. They are telling us they have the legal accounting, evidence of "Calculations", of Accounting Values, with International Standards...suggests they have the international rate to go with it too. They would not be going cashless with a system like this at a program rate and at a time like this. But at an international rate imo, yes they would. [post 1 of 2....stay tuned]
3-7-2020 Intel Guru OkieOilMan ...I AM LED TO BELIEVE NOW THAT THE R.V. HAS STARTED FOR SOME DIFFERENT GROUP'S AND PRIVATE INDIVIDUALS WHO HAD BEEN ON TOP OF THE LADDER SINCE THE BEGINNING OF THE PROGRAM...I HAVE BEEN INFORMED THAT THE FIRST FEW DAY'S OF THIS COMING WEEK WILL FINALLY GIVE US THE RELIEF WE ALL HAVE BEEN NEEDING FOR SO LONG. BE SURE YOUR PREPARATION WORK IS COMPLETED AND PREPARE TO BE INFORMED (FROM NUMEROUS SOURCES) OF YOUR OPPORTUNITY TO MAKE AN APPOINTMENT FOR YOUR EXCHANGE OR REDEMPTION...THERE ARE NO STOPPING THE R.V. AT THIS PRESENT TIME . PRAY ALL KEEPS GOING AS TO WHAT IS SCHEDULED IN A VERY FEW DAYS. RELAX TOMORROW AND BE PREPARED FOR THE WEEK WE HAVE ALL WAITED FOR——-SHALOAM
3-7-2020 Newshound Guru Kaperoni ...First, they cannot because it would create demand and the daily auctions are based on a balance between dinar and dollar...Secondly, it's a known fact that over 70% of the currency in Iraq is "chunky." Meaning it's outside the banking system in homes of citizens, Etc... As it re-enters the banking system and is turned in. This would be a slow gradual process that simultaneously could work at the same time that dinar goes up in value but that all takes time and it would only occur as a result of the prosperity of the market economy. I challenge any one...at any time to discuss monetary policy with me... [reference Guru Breitling post 3-7-2020] [post 2 of 2]
3-7-2020 Newshound Guru Kaperoni There's absolutely zero chance of any significant overnight RV/RI occurring with in excess of 42 + trillion dinar in circulation and over 70% of that out of the banking system known as "chunky." There is no way in my opinion to physically reduce the note count and money supply in Iraq until they get off the peg, move to a more liberal exchange rate regime/float and allow the currency begin to rise gradually. Doing so would allow them to collect the currency... ...guru Brietling thinks the CBI is reducing the note count. [reference Guru Breitling post 3-7-2020] [post 1 of 2....stay tuned]
3-7-2020 Newshound Guru Breitling ...everyone thinks it's at a market rate and somehow they're gonna add or subtract wealth to it. It doesn't work that way. No currency works like that. They're either taking currency out of the market or they add to devalue the currency...They've been reducing the note count and they're gonna reduce it even more. The official procedures are coming out of the CBI is that when they introduce a new note that will absorb the new prices the notes that you and I have and the new notes will coexist with the added value for two years...they'll have a process where they're getting rid of the denominations that you and I have. It will be a two year process. [Post 2 of 2]
3-7-2020 Newshound Guru Breitling ...I've been getting emails and I'm not gonna name the guy out there that's putting this information out...here's the math. He's talking about that there's too much currency out there for it to revalue so it's impossible... if you do not think they are going to reduce the money supply you do not need to be in this investment. Because that is the key. That is what we've been watching. So that is the dumbest statement I've ever heard people say is that there is too much currency out there. Their plan was and they've specifically said they are going to reduce the money supply. And that's where we find our value... [Post 1 of 2...stay tuned]
3-7-2020 Newshound/Intel Guru RVAlready This seems to be a case of the corrupt in Iraq, thinking they could put this RV off again, thinking the world would sit back and be patient again. I think the UN is probably dictating to Salih and parliament exactly what they will do to fix this.
3-7-2020 Newshound Guru Kaperoni UN Chapter 7 has nothing to do with monetary policy. If it did, the IMF would not be encouraging the CBI to accept IMF Article VIII to send a message to investors that Iraq is open for business.
3-7-2020 Newshound Guru Kaperoni ...First, they cannot because it would create demand and the daily auctions are based on a balance between dinar and dollar...Secondly, it's a known fact that over 70% of the currency in Iraq is "chunky." Meaning it's outside the banking system in homes of citizens, Etc... As it re-enters the banking system and is turned in. This would be a slow gradual process that simultaneously could work at the same time that dinar goes up in value but that all takes time and it would only occur as a result of the prosperity of the market economy. I challenge any one...at any time to discuss monetary policy with me... [reference Guru Breitling post 3-7-2020] [post 2 of 2]
3-7-2020 Newshound Guru Kaperoni There's absolutely zero chance of any significant overnight RV/RI occurring with in excess of 42 + trillion dinar in circulation and over 70% of that out of the banking system known as "chunky." There is no way in my opinion to physically reduce the note count and money supply in Iraq until they get off the peg, move to a more liberal exchange rate regime/float and allow the currency begin to rise gradually. Doing so would allow them to collect the currency... ...guru Brietling thinks the CBI is reducing the note count. [reference Guru Breitling post 3-7-2020] [post 1 of 2....stay tuned]
3-7-2020 Newshound Guru Breitling ...everyone thinks it's at a market rate and somehow they're gonna add or subtract wealth to it. It doesn't work that way. No currency works like that. They're either taking currency out of the market or they add to devalue the currency...They've been reducing the note count and they're gonna reduce it even more. The official procedures are coming out of the CBI is that when they introduce a new note that will absorb the new prices the notes that you and I have and the new notes will coexist with the added value for two years...they'll have a process where they're getting rid of the denominations that you and I have. It will be a two year process. [Post 2 of 2]
3-7-2020 Newshound Guru Breitling ...I've been getting emails and I'm not gonna name the guy out there that's putting this information out...here's the math. He's talking about that there's too much currency out there for it to revalue so it's impossible... if you do not think they are going to reduce the money supply you do not need to be in this investment. Because that is the key. That is what we've been watching. So that is the dumbest statement I've ever heard people say is that there is too much currency out there. Their plan was and they've specifically said they are going to reduce the money supply. And that's where we find our value... [Post 1 of 2...stay tuned]
3-7-2020 Newshound/Intel Guru RVAlready This seems to be a case of the corrupt in Iraq, thinking they could put this RV off again, thinking the world would sit back and be patient again. I think the UN is probably dictating to Salih and parliament exactly what they will do to fix this.
3-7-2020 Newshound Guru Kaperoni UN Chapter 7 has nothing to do with monetary policy. If it did, the IMF would not be encouraging the CBI to accept IMF Article VIII to send a message to investors that Iraq is open for business.
3-6-2020 Intel Guru MarkZ [via PDK] Economic news…markets are dying and imploding. 1 in 8 businesses worldwide are borrowing just to keep the doors open. Ports are empty…no freight is moving…whether this virus scare is real or not...the economic realities are…schools are in lockdowns...its best to be prepared just in case. This is getting crazy…the perfect storm for the RV!!
3-6-2020 Intel Guru Bruce I know Iraq is not going to show anything – until we go - until we absolutely are going forward... I think we are really at the point where – if there is anything else I sure don’t know what it is...
3-6-2020 Newshound/Intel Guru Mnt Goat Doesn't this process of selecting a new prime minister and his/her government seem to take longer and longer each time? More corruption each time as since 2014 the corruption has only gotten much, much worst as Irian has been allowed to infiltrate Iraqi politics. This is at the heart of the delays. So, here we go again…this is de’javu! Among the names that are being discussed during the meetings are Asaad Al-Eidani, Ali Shukri, Muhammad Shia'a Al-Sudani, Mustafa Al-Kazemi, but until now, there is no specific agreement on any candidate.
3-6-2020 Newshound/Intel Guru BGG If these protests continue and we get a real reformer in there, this could still be a huge win for us… especially with Iran getting “blacklisted” like they are. There will be very little latitude for Iraq to continue doing business with (and selling US Dollars to) a country under such international scrutiny. The end result? Less Iranian influence and not nearly as much need for the CBI / IQD / currency auctions. The ending of these auctions will likely usher in true currency reform in Iraq. [post 2 of 2]
3-6-2020 Newshound/Intel Guru BGG Think about all this for just a sec…They have had several Shia dominated government’s that were corrupt and not getting anything done for anyone but themselves…(Maliki, Abadi and Mahdi). They were headed for another Shia dominated government with even less accountability than in the past. 1) The protesters didn’t like this guy [Allawi]. 2) The Kurds didn’t like him. 3) Sadr didn’t like him. 4) The Iraqi President of the Republic, Barham Salih, very nearly resigned over having to “nominate” him in the first place. There are is a very good chance we just dodged another bullet with the developments of last Sunday. If he wasn’t the right guy to get this done – he wasn’t the right guy. Instead of always thinking THIS was some kind of delay… [post 1 of 2...stay tuned]
3-6-2020 Newshound Guru Whitelions ...this is a country coming back from a long war nothing more and nothing less...it will do what every other country in the world has done coming out of war they will adjust the value according to what their country can back and get it close enough to market value to work in the world...Iraq has assets out the wazoo and needs know other help and can rv into market at a very competitive rate .
3-6-2020 Intel Guru MarkZ [via PDK] There is a whole lot going on…Redemption Center contacts believe they are looking at a long week of exchanging people next week. They are on call all weekend. I am hearing fantastic things...The news has been phenomenal since last night. I’m excited. Looks like the floodgates are opening for us.
3-6-2020 Newshound Guru chattels ...it appears that Abdul Mahdi may continue as the caretaker governor pending ratification of the new election law, the dissolution of Parliament and scheduling new elections.
3-6-2020 Newshound Guru MilitiaMan ...The CBI has been very vocal of late even while the GOI/CBI handcart pumps back and forth down the track heading for the economic reform destination we are looking to be the station at the end of it. The CBI has been so vocal that they have Nassiri and Salih are speaking of the Independence of the CBI from the GOI. What the CBI has accomplished all the while the GOI has been in turmoil and filled with Iranian backed corruption. The CBI has pumped along by making sure they kept inflation low during economic and security shocks that were abound. My view...is that they CBI having been successful during crisis, is now prepared to finish the reforms, give the demonstrators purchase power and in doing so they will create jobs with the re construction efforts. The need for the CBI to now finish is greater than ever...So, in the end my view is the focus is on the CBI and in short order.
3-6-2020 Newshound Guru Adam Montana [My concern is the massive price drop per Barrel of Oil? and it’s effect on the whole RV process.] This is a great question... I don't think "massive" is the correct term. "Significant" - definitely, but it's not "massive". Nonetheless - I would only be concerned if OIL was suddenly no longer in demand. Any dips or peaks in the price of oil are temporary until the global demand for oil is eliminated. While OIL is a necessary product in the global economy, the price can fluctuate all it wants - Iraq still has a majority of it, and they will be able to bank on that. If the entire world switched to solar overnight, then it would be "game over". Until that happens, I am not too concerned about the price of oil.
3-6-2020 Intel Guru Bruce I know Iraq is not going to show anything – until we go - until we absolutely are going forward... I think we are really at the point where – if there is anything else I sure don’t know what it is...
3-6-2020 Newshound/Intel Guru Mnt Goat Doesn't this process of selecting a new prime minister and his/her government seem to take longer and longer each time? More corruption each time as since 2014 the corruption has only gotten much, much worst as Irian has been allowed to infiltrate Iraqi politics. This is at the heart of the delays. So, here we go again…this is de’javu! Among the names that are being discussed during the meetings are Asaad Al-Eidani, Ali Shukri, Muhammad Shia'a Al-Sudani, Mustafa Al-Kazemi, but until now, there is no specific agreement on any candidate.
3-6-2020 Newshound/Intel Guru BGG If these protests continue and we get a real reformer in there, this could still be a huge win for us… especially with Iran getting “blacklisted” like they are. There will be very little latitude for Iraq to continue doing business with (and selling US Dollars to) a country under such international scrutiny. The end result? Less Iranian influence and not nearly as much need for the CBI / IQD / currency auctions. The ending of these auctions will likely usher in true currency reform in Iraq. [post 2 of 2]
3-6-2020 Newshound/Intel Guru BGG Think about all this for just a sec…They have had several Shia dominated government’s that were corrupt and not getting anything done for anyone but themselves…(Maliki, Abadi and Mahdi). They were headed for another Shia dominated government with even less accountability than in the past. 1) The protesters didn’t like this guy [Allawi]. 2) The Kurds didn’t like him. 3) Sadr didn’t like him. 4) The Iraqi President of the Republic, Barham Salih, very nearly resigned over having to “nominate” him in the first place. There are is a very good chance we just dodged another bullet with the developments of last Sunday. If he wasn’t the right guy to get this done – he wasn’t the right guy. Instead of always thinking THIS was some kind of delay… [post 1 of 2...stay tuned]
3-6-2020 Newshound Guru Whitelions ...this is a country coming back from a long war nothing more and nothing less...it will do what every other country in the world has done coming out of war they will adjust the value according to what their country can back and get it close enough to market value to work in the world...Iraq has assets out the wazoo and needs know other help and can rv into market at a very competitive rate .
3-6-2020 Intel Guru MarkZ [via PDK] There is a whole lot going on…Redemption Center contacts believe they are looking at a long week of exchanging people next week. They are on call all weekend. I am hearing fantastic things...The news has been phenomenal since last night. I’m excited. Looks like the floodgates are opening for us.
3-6-2020 Newshound Guru chattels ...it appears that Abdul Mahdi may continue as the caretaker governor pending ratification of the new election law, the dissolution of Parliament and scheduling new elections.
3-6-2020 Newshound Guru MilitiaMan ...The CBI has been very vocal of late even while the GOI/CBI handcart pumps back and forth down the track heading for the economic reform destination we are looking to be the station at the end of it. The CBI has been so vocal that they have Nassiri and Salih are speaking of the Independence of the CBI from the GOI. What the CBI has accomplished all the while the GOI has been in turmoil and filled with Iranian backed corruption. The CBI has pumped along by making sure they kept inflation low during economic and security shocks that were abound. My view...is that they CBI having been successful during crisis, is now prepared to finish the reforms, give the demonstrators purchase power and in doing so they will create jobs with the re construction efforts. The need for the CBI to now finish is greater than ever...So, in the end my view is the focus is on the CBI and in short order.
3-6-2020 Newshound Guru Adam Montana [My concern is the massive price drop per Barrel of Oil? and it’s effect on the whole RV process.] This is a great question... I don't think "massive" is the correct term. "Significant" - definitely, but it's not "massive". Nonetheless - I would only be concerned if OIL was suddenly no longer in demand. Any dips or peaks in the price of oil are temporary until the global demand for oil is eliminated. While OIL is a necessary product in the global economy, the price can fluctuate all it wants - Iraq still has a majority of it, and they will be able to bank on that. If the entire world switched to solar overnight, then it would be "game over". Until that happens, I am not too concerned about the price of oil.
3-5-2020 Intel Guru MarkZ [via PDK] [Will...dong and dinar rv on the same day?] I am told absolutely…same day…same time…
3-5-2020 Newshound Guru MilitiaMan ...The CBI has not adjusted the money supply since November 2019.. imo... The more they get off the street the cheaper it may be in the end for them.. May support value to go along with it. Therefore, again I will say this, "The longer it takes, the more money we make." imo. So, that is my take on what may be the case.
3-5-2020 Newshound Guru Pimpy ...what the heck is going on in the dinar community? People running around panicking about all kinds of stuff. I've heard so much weird crap today...[Guru] Jeff is the only person who's still sticking to his guns. Jeff is saying that this thing is gonna happen between the end of March and sometime beginning of April...That's the way I felt about it [too] and there's no reason for me to change my mind...sometime between the end of March and the beginning of April...
3-5-2020 Newshound Guru Adam Montana [A continuing concern for me with this investment is that there are trillions of dinar in circulation internationally, and for an RV or RI to occur, at any value above about $.01, would seem to bankrupt Iraq, irrespective of its oil and other resources. ...I hope I'm missing something in this equation.] ...The Iraqi Dinar is a fiat currency, just like the US dollar, and logical rules utilizing responsible financial principals simply do not apply. For this reason alone, it simply does not need to make financial sense to RV. ...Iraq doesn't need a 1:1 reserve:cash ratio to have a 1:1 parity with the US dollar, or any other ratio to the dollar. The only thing that matters is "will it sell" - and, it will.
3-5-2020 Intel Guru Okie_Oil_Man ...YES I AM STILL ON HIGH ALERT AND AM WATCHING FOR AN E-MAIL (NUFF SAID)
3-5-2020 Intel Guru MarkZ [via PDK] I still think we are looking at a back date of Mar. 14th. Looking at dates usually gets us all in trouble …but it seems they are working on getting it out the door right now...we really are in a great spot as it all comes together...It could be today, tomorrow or next week….but we are at the end of it. Make sure you are ready and have a plan for as soon as it happens. I have a local banker that I have been harassing for years about this…..he said yesterday that he was starting to see some crazy values …he said we may finally get what we have been looking for. He is a local bank. It really is the perfect storm for the reset right now…Hoping today brings more good news…
3-5-2020 Intel/Newshound Guru sandyf Question: Revaluation. The bigger question is what do people understand by the term "revaluation". If a currency changes from X/USD to Y/USD is it a revaluation/devaluation or not. A redenomination of the national currency is a revaluation of the monetary unit and that is what was being considered by the CBI at the Shabibi was at the helm.
3-5-2020 Newshound/Intel Guru Mnt Goat Article: "DRAFT FEDERAL BUDGET LAW FOR THE FISCAL YEAR 2020 IS STILL IN THE MINISTRY OF FINANCE" Our reinstatement is based on the 2020 budget. They must pass it to get what we want. But first to pass it they must get the government in place... Of course, there is going to be Iranian backed resistance since the currency auction corruption feeding Iran will go away when this is concluded
3-5-2020 Newshound Guru Jeff Article quote "in the case that parliament fails to vote next time on the government cabinet it will be dissolved and early elections will be held." They're considering dissolving the government and holding early elections...Kurdistan wants to be part of the new government...equal say and equal majority within the formation of the new government. That's the reason they're dissolving the government...that's the reason they're playing you like a fool telling you that the current government is unstable so they can hold early elections in April to bring Kurdistan on board...
3-5-2020 Newshound Guru Adam Montana ...PM Allawi has..."withdrawn his candidacy"... So, what's next?... The Iraqi President can simply appoint someone (again), but it's not necessary to take drastic action. Maybe Mahdi steps back up (he was never really gone), but that doesn't make a difference either... The good news for us, and Iraq? No matter who steps into the Prime Minister role next, Allawi was able to get some wood chopped. Iran lost a LOT of power over the last month, for one. I think that may have more to do with Allawi's current decision than anything - he seems to want them completely gone, not just 80% reduced. Most importantly, and this is the crux of the matter, Allawi wasn't elected to this position in the first place - yet, things got done. In my opinion, the raise in the value of the Dinar is going to happen regardless of who is sitting in the Prime Minister chair. All of the things that need to happen in Iraq continue to happen, and "who" is sitting "where" does not seem to matter...as long as it's not Maliki! Someone will be in that seat, soon, and the train will continue to chug along. We are getting close...
3-5-2020 Newshound Guru MilitiaMan ...The CBI has not adjusted the money supply since November 2019.. imo... The more they get off the street the cheaper it may be in the end for them.. May support value to go along with it. Therefore, again I will say this, "The longer it takes, the more money we make." imo. So, that is my take on what may be the case.
3-5-2020 Newshound Guru Pimpy ...what the heck is going on in the dinar community? People running around panicking about all kinds of stuff. I've heard so much weird crap today...[Guru] Jeff is the only person who's still sticking to his guns. Jeff is saying that this thing is gonna happen between the end of March and sometime beginning of April...That's the way I felt about it [too] and there's no reason for me to change my mind...sometime between the end of March and the beginning of April...
3-5-2020 Newshound Guru Adam Montana [A continuing concern for me with this investment is that there are trillions of dinar in circulation internationally, and for an RV or RI to occur, at any value above about $.01, would seem to bankrupt Iraq, irrespective of its oil and other resources. ...I hope I'm missing something in this equation.] ...The Iraqi Dinar is a fiat currency, just like the US dollar, and logical rules utilizing responsible financial principals simply do not apply. For this reason alone, it simply does not need to make financial sense to RV. ...Iraq doesn't need a 1:1 reserve:cash ratio to have a 1:1 parity with the US dollar, or any other ratio to the dollar. The only thing that matters is "will it sell" - and, it will.
3-5-2020 Intel Guru Okie_Oil_Man ...YES I AM STILL ON HIGH ALERT AND AM WATCHING FOR AN E-MAIL (NUFF SAID)
3-5-2020 Intel Guru MarkZ [via PDK] I still think we are looking at a back date of Mar. 14th. Looking at dates usually gets us all in trouble …but it seems they are working on getting it out the door right now...we really are in a great spot as it all comes together...It could be today, tomorrow or next week….but we are at the end of it. Make sure you are ready and have a plan for as soon as it happens. I have a local banker that I have been harassing for years about this…..he said yesterday that he was starting to see some crazy values …he said we may finally get what we have been looking for. He is a local bank. It really is the perfect storm for the reset right now…Hoping today brings more good news…
3-5-2020 Intel/Newshound Guru sandyf Question: Revaluation. The bigger question is what do people understand by the term "revaluation". If a currency changes from X/USD to Y/USD is it a revaluation/devaluation or not. A redenomination of the national currency is a revaluation of the monetary unit and that is what was being considered by the CBI at the Shabibi was at the helm.
3-5-2020 Newshound/Intel Guru Mnt Goat Article: "DRAFT FEDERAL BUDGET LAW FOR THE FISCAL YEAR 2020 IS STILL IN THE MINISTRY OF FINANCE" Our reinstatement is based on the 2020 budget. They must pass it to get what we want. But first to pass it they must get the government in place... Of course, there is going to be Iranian backed resistance since the currency auction corruption feeding Iran will go away when this is concluded
3-5-2020 Newshound Guru Jeff Article quote "in the case that parliament fails to vote next time on the government cabinet it will be dissolved and early elections will be held." They're considering dissolving the government and holding early elections...Kurdistan wants to be part of the new government...equal say and equal majority within the formation of the new government. That's the reason they're dissolving the government...that's the reason they're playing you like a fool telling you that the current government is unstable so they can hold early elections in April to bring Kurdistan on board...
3-5-2020 Newshound Guru Adam Montana ...PM Allawi has..."withdrawn his candidacy"... So, what's next?... The Iraqi President can simply appoint someone (again), but it's not necessary to take drastic action. Maybe Mahdi steps back up (he was never really gone), but that doesn't make a difference either... The good news for us, and Iraq? No matter who steps into the Prime Minister role next, Allawi was able to get some wood chopped. Iran lost a LOT of power over the last month, for one. I think that may have more to do with Allawi's current decision than anything - he seems to want them completely gone, not just 80% reduced. Most importantly, and this is the crux of the matter, Allawi wasn't elected to this position in the first place - yet, things got done. In my opinion, the raise in the value of the Dinar is going to happen regardless of who is sitting in the Prime Minister chair. All of the things that need to happen in Iraq continue to happen, and "who" is sitting "where" does not seem to matter...as long as it's not Maliki! Someone will be in that seat, soon, and the train will continue to chug along. We are getting close...
3-4-2020 Intel Guru Bruce [via WiserNow] ...could we be notified and start tomorrow [Wednesday]? The answer is an outstanding YES – possibly...we understand that the redemption centers were to receive their schedules that would take them through Saturday March 14th until midnight...In other words, us – the internet group – we would get started and continue all the way through midnight on the 14th of march...which is... a week from this Saturday... Do we have any other indication that we’re just about there? ...We got an indication from the World Bank – yesterday – that talked about 2 days – today and tomorrow [Wednesday]...then we heard further from the World Bank that there was emphasis on tomorrow’s date (Wed 3-4-20)...It could go Thursday - we don’t know...this is a moving target... Really, we are down to the wire...this is not going to last much longer...Let’s just believe that no other hindrance will keep us from starting and everything is set...
3-4-2020 Newshound/Intel Guru Mnt Goat Article: "Urgent: The President of the Republic approves Allawi's resignation..." Where does Iraq go from here? Will the UN step in and take over? Probably not...I don’t think Iraq is at this point yet. They are still within their democratic government. Can the UN legally put in place a provisional government to run Iraq in the meantime. No, they cannot do this. How much longer can this go on before Iraqi economy really tanks? If they do not get the budget approved they can not go ahead with any of the projects they had planned for 2020. This new year is quickly slipping by. The economy too is stagnating and inflation could set in. Will us investors have to wait yet another year to 2021 to see the RV? This may very well be the case. It appears they just paid the Kurds their salaries. This is not in our favor and shows they already are using the 1/12 rule of the budget...
3-4-2020 Newshound Guru Jeff I'm not saying there's zero corruption...every country is gonna have some partial corruption. They're not gonna be 100% corrupt free...I'm looking at the former corrupt political figures who are now billionaires. Any of the new officials that are in place they might have some corruption but it's lower-level corruption. These guys aren't stealing gazillions of dollars becoming billionaires like the former ones...the CBI said they needed the corruption gone...since they held the election in May of '18 Maliki's gone. Barzani senior, he's gone. Najaf he's gone from parliament...the CBI doesn't care about small levels of corruption. Every country is gonna have that...the reason the CBI wanted the corruption gone and what they meant by that is they wanted the very extreme corrupt individual gone that were stealing billions of dollars...
3-4-2020 Intel Guru MarkZ [via PDK] Anticipation is high… Redemption Centers are manned…..sitting on “wait” [Footforward... thinks the RV will manifest by Mar. 20th…What are your thoughts?] I think anytime from 2 seconds from now to the 14th. That is what I think...I think they expect to have our transactions done before then and the average person on the street will be able to go in after the 14th is what I was told.
3-4-2020 Intel Guru Okie_Oil_Man P.M.S. DOESN'T MEAN WHAT YOU THINK —IT NOW MEANS—PACK MY SUITCASE -- HIGH ALERT NOW IN EFFECT— SINCE WERE PAST SUPER TUESDAY LETS NOW LOOK FORWARD TO WONDERFUL WEDNESDAY.
3-4-2020 Intel Guru Delta ...the budget does need the rate first IMO... monetary reform is moving forward and nothing will stop it...
3-4-2020 Intel Guru Frank26 ...wait till you see the new candidate that Trump brings in. Wait till you see the guy he wants as prime minister. This guy is a walking bulldog. And he's all for the United States...
3-4-2020 Newshound Guru Jeff ...Iraq can't do a dang thing. Iraq is frozen as far as launching their economy. Iraq cannot launch their economy until the rate changes. Iraq's economy is frozen. They can't even provide for the demonstrators...they said Iraq will be launching their economy on March 30th. Don't forget about that. That was roughly close to a month ago. They said there's gonna be a lot of heavy hitters - financial big players and they said Iraq will be launching their economy on March 30th...
3-4-2020 Intel Guru MarkZ [...Will dealers shut down when its time for appointments?] No, the dealers will stop selling at one rate and keep selling at another within a short time…maybe they will shut down for 30 minutes or so…but that is about it.
3-4-2020 Newshound Guru Kaperoni ...If they ever get to a point to approve the 2020 budget I assure you there is no rate change. Not how monetary policy works.
3-4-2020 Newshound Guru Vital Brad ...there's salaries from government employees that have been needing to get paid. They're saying they can pay the salaries right on this [Qi Card]. From my understanding the salaries were supposed to be paid at the new rate that's why they haven't been paid yet because the rate is still the same. They're saying these cards are set up to receive those salaries. Seems like we're waiting on a rate change. Seems like that's what the holdup is... [reference Vital Brad post 3-3-2020]
3-4-2020 Newshound/Intel Guru Mnt Goat Article: "Urgent: The President of the Republic approves Allawi's resignation..." Where does Iraq go from here? Will the UN step in and take over? Probably not...I don’t think Iraq is at this point yet. They are still within their democratic government. Can the UN legally put in place a provisional government to run Iraq in the meantime. No, they cannot do this. How much longer can this go on before Iraqi economy really tanks? If they do not get the budget approved they can not go ahead with any of the projects they had planned for 2020. This new year is quickly slipping by. The economy too is stagnating and inflation could set in. Will us investors have to wait yet another year to 2021 to see the RV? This may very well be the case. It appears they just paid the Kurds their salaries. This is not in our favor and shows they already are using the 1/12 rule of the budget...
3-4-2020 Newshound Guru Jeff I'm not saying there's zero corruption...every country is gonna have some partial corruption. They're not gonna be 100% corrupt free...I'm looking at the former corrupt political figures who are now billionaires. Any of the new officials that are in place they might have some corruption but it's lower-level corruption. These guys aren't stealing gazillions of dollars becoming billionaires like the former ones...the CBI said they needed the corruption gone...since they held the election in May of '18 Maliki's gone. Barzani senior, he's gone. Najaf he's gone from parliament...the CBI doesn't care about small levels of corruption. Every country is gonna have that...the reason the CBI wanted the corruption gone and what they meant by that is they wanted the very extreme corrupt individual gone that were stealing billions of dollars...
3-4-2020 Intel Guru MarkZ [via PDK] Anticipation is high… Redemption Centers are manned…..sitting on “wait” [Footforward... thinks the RV will manifest by Mar. 20th…What are your thoughts?] I think anytime from 2 seconds from now to the 14th. That is what I think...I think they expect to have our transactions done before then and the average person on the street will be able to go in after the 14th is what I was told.
3-4-2020 Intel Guru Okie_Oil_Man P.M.S. DOESN'T MEAN WHAT YOU THINK —IT NOW MEANS—PACK MY SUITCASE -- HIGH ALERT NOW IN EFFECT— SINCE WERE PAST SUPER TUESDAY LETS NOW LOOK FORWARD TO WONDERFUL WEDNESDAY.
3-4-2020 Intel Guru Delta ...the budget does need the rate first IMO... monetary reform is moving forward and nothing will stop it...
3-4-2020 Intel Guru Frank26 ...wait till you see the new candidate that Trump brings in. Wait till you see the guy he wants as prime minister. This guy is a walking bulldog. And he's all for the United States...
3-4-2020 Newshound Guru Jeff ...Iraq can't do a dang thing. Iraq is frozen as far as launching their economy. Iraq cannot launch their economy until the rate changes. Iraq's economy is frozen. They can't even provide for the demonstrators...they said Iraq will be launching their economy on March 30th. Don't forget about that. That was roughly close to a month ago. They said there's gonna be a lot of heavy hitters - financial big players and they said Iraq will be launching their economy on March 30th...
3-4-2020 Intel Guru MarkZ [...Will dealers shut down when its time for appointments?] No, the dealers will stop selling at one rate and keep selling at another within a short time…maybe they will shut down for 30 minutes or so…but that is about it.
3-4-2020 Newshound Guru Kaperoni ...If they ever get to a point to approve the 2020 budget I assure you there is no rate change. Not how monetary policy works.
3-4-2020 Newshound Guru Vital Brad ...there's salaries from government employees that have been needing to get paid. They're saying they can pay the salaries right on this [Qi Card]. From my understanding the salaries were supposed to be paid at the new rate that's why they haven't been paid yet because the rate is still the same. They're saying these cards are set up to receive those salaries. Seems like we're waiting on a rate change. Seems like that's what the holdup is... [reference Vital Brad post 3-3-2020]
3-3-2020 Intel Guru Frank26 ...If we get a prime minister this week there's a good chance you'll have your elections on next Sunday...we hope that in the next few days this cabinet will be announced by a new prime minister that Donald Trump is sending...
3-3-2020 Intel Guru Delta ...Does the Central Bank of Iraq really need the government or the budget to reinstate their currency? ...IMO the answer is no...the Central Bank of Iraq does not need the government in place for them to lift the value...
3-3-2020 Intel/Newshound Guru sandyf It cannot be disputed that Kap [Guru Kaperoni] has done the research, a great deal more than most...I do not agree with the 'float' theory... Agree that there will not be any significant overnight RV...I came into this in 2004 on the basis that the IQD could rise to around 10 cents under what was then the 7 year plan. By the time of the financial crisis it was fairly obvious that was not going to happen...I have said this before, that if there is to be any return it is not going to come from Iraq but possibly some sort of financial realignment on a global basis, but even that is a long shot...
3-3-2020 Intel Guru Okie_Oil_Man ...WHEN I ROSE UP THIS MORNING I THOUGHT THIS BEING SUPER TUESDAY I WOULD HAVE THE CONTACT INFORMATION PROMISED ME. WELL—I AM STILL WAITING AND AM STILL EXPECTING THE NOTIFICATION ANY MOMENT. THE PROCESS IS IN THE HANDS OF THE U.S.T. AND THEY WON'T SHARE THEIR SECRET'S WITH ME...ALSO THE RATE MAY BE DIFFERENT THAN WE THOUGHT BUT SHOULD SATISIFY EVERYONE. WE WILL BE DEALING WITH THE U.S.T. REGARDLESS OF OUR EXCHANGE AND REDEMPTION BANK CHOSEN. THE SECURITY AND SAFETY OF OUR U.S.T. ACCOUNT WILL BE ASSURED.
3-3-2020 Newshound Guru Vital Brad ...with all the struggle of getting the government seated things are still moving forward in the banking sector of Iraq. They've actually created...an international payment system through MasterCard. It's called the Qi Card. My question is why do they need an International payment card while their money isn't even international yet? ...Iraq isn't an internationally recognized currency...Their currency needs to be reinstated in the near future based on this technology in this card coming out...
3-3-2020 Intel Guru MarkZ [Any truth to the rumor that no RV until after the elections?] No…especially with the corona virus, the pandemic, the shut down of the global economy is going to force it…I still think this is the perfect storm to see the reset...I think we will see a lot of activity this week…whether or not we see the reset. Don’t panic…this is happening…
3-3-2020 Newshound Guru Jeff ...we don't know the whole truth to their elections. That's where they lie the most to the media...their politics...You have to look at the bigger picture...They used the entire year of '19 to set the stage and they still used part of Q1 2020 to set the stage. All of the facts show - they've set a temporary budget. They've delayed the 2020 budget to where they're not going to even start approving it until after the rate change. And they've blatantly told you what's in the 2020 budget. They told you the deficit is the reforms. They told us this budget contains everything for the citizens. Article 140. HCL. They told us all this. There's no question there. We know that factually. So when you look at the big picture everything factually shows they've set the stage to be ready for the rate change...
3-3-2020 Newshound Guru Pimpy ...if this rumor is true this is the type of PM we want to see go in there. Dr. Shabibi...When he was governor of the Central Bank he had a lot of different great relationships with the different blocks...why I would love for him to get in there is because he said this recently...although the IMF and the World Bank have implemented policies that help keep the CBI inflation really low in his opinion their monetary policies did not allow for the growth of Iraq. He said a rate change needed to take place. He wanted to increase the rate. Not at the $3.20 but he is one of the guys that talked about there having to be a "sweet spot". If we can magically get this guy in there as PM I feel way positive that a rate change would happen. I would love to see if this rumor is true.
3-3-2020 Newshound/Intel Guru Mnt Goat Just so you know…The legal expert, Tariq Harb, resolved Friday, the controversy over the possibility of not giving confidence to the government of the Prime Minister-designate, Muhammad Tawfiq Allawi, while the constitution affirmed that the President of the Republic was given the right to assign another candidate according to his opinion and to choose him without referring to the more bloc if parliament did not give confidence To the government in charge of. One way or the other Iraq will get its new prime minister to meet the legal deadline of 30 days from February 2nd which is March 3rd. [post 2 of 2]
3-3-2020 Newshound/Intel Guru Mnt Goat Article: "Urgent: The President of the Republic approves Allawi's resignation and demands the blocs to choose an alternative." Quote: “The President of the Republic: Consultation will be held to select a replacement candidate for Allawi within 15 days”. Then the candidate will have 30 days to get his cabinet ratified through parliament. So here we go again. I have to tell everyone this is almost the worst possible situation we could be in right now. We must all ...pray for a miracle. I am still being told that Allawi is the 3rd miracle for us in this evil fight against corruption. So I don’t know what kind of twist in fate is going to happen to bring about this miracle. Let us just relax and watch it play out. [post 1 of 2....stay tuned]
3-3-2020 Newshound Guru Adam Montana Article: "Iraq’s PM-designate Allawi steps down" Interesting development for sure... the next 36 hours are going to tell us a lot. Stay calm, everyone! ...This could turn out to be another delay or it might spark the best fire we could hope for.
3-3-2020 Intel Guru Frank26 I ask the question - What does the GOI have to do with the CBI's monetary reform? ...Nothing...there is one important thing though. The citizens of Iraq must believe in the GOI. They must believe in the plan...
3-3-2020 Intel Guru Delta ...Does the Central Bank of Iraq really need the government or the budget to reinstate their currency? ...IMO the answer is no...the Central Bank of Iraq does not need the government in place for them to lift the value...
3-3-2020 Intel/Newshound Guru sandyf It cannot be disputed that Kap [Guru Kaperoni] has done the research, a great deal more than most...I do not agree with the 'float' theory... Agree that there will not be any significant overnight RV...I came into this in 2004 on the basis that the IQD could rise to around 10 cents under what was then the 7 year plan. By the time of the financial crisis it was fairly obvious that was not going to happen...I have said this before, that if there is to be any return it is not going to come from Iraq but possibly some sort of financial realignment on a global basis, but even that is a long shot...
3-3-2020 Intel Guru Okie_Oil_Man ...WHEN I ROSE UP THIS MORNING I THOUGHT THIS BEING SUPER TUESDAY I WOULD HAVE THE CONTACT INFORMATION PROMISED ME. WELL—I AM STILL WAITING AND AM STILL EXPECTING THE NOTIFICATION ANY MOMENT. THE PROCESS IS IN THE HANDS OF THE U.S.T. AND THEY WON'T SHARE THEIR SECRET'S WITH ME...ALSO THE RATE MAY BE DIFFERENT THAN WE THOUGHT BUT SHOULD SATISIFY EVERYONE. WE WILL BE DEALING WITH THE U.S.T. REGARDLESS OF OUR EXCHANGE AND REDEMPTION BANK CHOSEN. THE SECURITY AND SAFETY OF OUR U.S.T. ACCOUNT WILL BE ASSURED.
3-3-2020 Newshound Guru Vital Brad ...with all the struggle of getting the government seated things are still moving forward in the banking sector of Iraq. They've actually created...an international payment system through MasterCard. It's called the Qi Card. My question is why do they need an International payment card while their money isn't even international yet? ...Iraq isn't an internationally recognized currency...Their currency needs to be reinstated in the near future based on this technology in this card coming out...
3-3-2020 Intel Guru MarkZ [Any truth to the rumor that no RV until after the elections?] No…especially with the corona virus, the pandemic, the shut down of the global economy is going to force it…I still think this is the perfect storm to see the reset...I think we will see a lot of activity this week…whether or not we see the reset. Don’t panic…this is happening…
3-3-2020 Newshound Guru Jeff ...we don't know the whole truth to their elections. That's where they lie the most to the media...their politics...You have to look at the bigger picture...They used the entire year of '19 to set the stage and they still used part of Q1 2020 to set the stage. All of the facts show - they've set a temporary budget. They've delayed the 2020 budget to where they're not going to even start approving it until after the rate change. And they've blatantly told you what's in the 2020 budget. They told you the deficit is the reforms. They told us this budget contains everything for the citizens. Article 140. HCL. They told us all this. There's no question there. We know that factually. So when you look at the big picture everything factually shows they've set the stage to be ready for the rate change...
3-3-2020 Newshound Guru Pimpy ...if this rumor is true this is the type of PM we want to see go in there. Dr. Shabibi...When he was governor of the Central Bank he had a lot of different great relationships with the different blocks...why I would love for him to get in there is because he said this recently...although the IMF and the World Bank have implemented policies that help keep the CBI inflation really low in his opinion their monetary policies did not allow for the growth of Iraq. He said a rate change needed to take place. He wanted to increase the rate. Not at the $3.20 but he is one of the guys that talked about there having to be a "sweet spot". If we can magically get this guy in there as PM I feel way positive that a rate change would happen. I would love to see if this rumor is true.
3-3-2020 Newshound/Intel Guru Mnt Goat Just so you know…The legal expert, Tariq Harb, resolved Friday, the controversy over the possibility of not giving confidence to the government of the Prime Minister-designate, Muhammad Tawfiq Allawi, while the constitution affirmed that the President of the Republic was given the right to assign another candidate according to his opinion and to choose him without referring to the more bloc if parliament did not give confidence To the government in charge of. One way or the other Iraq will get its new prime minister to meet the legal deadline of 30 days from February 2nd which is March 3rd. [post 2 of 2]
3-3-2020 Newshound/Intel Guru Mnt Goat Article: "Urgent: The President of the Republic approves Allawi's resignation and demands the blocs to choose an alternative." Quote: “The President of the Republic: Consultation will be held to select a replacement candidate for Allawi within 15 days”. Then the candidate will have 30 days to get his cabinet ratified through parliament. So here we go again. I have to tell everyone this is almost the worst possible situation we could be in right now. We must all ...pray for a miracle. I am still being told that Allawi is the 3rd miracle for us in this evil fight against corruption. So I don’t know what kind of twist in fate is going to happen to bring about this miracle. Let us just relax and watch it play out. [post 1 of 2....stay tuned]
3-3-2020 Newshound Guru Adam Montana Article: "Iraq’s PM-designate Allawi steps down" Interesting development for sure... the next 36 hours are going to tell us a lot. Stay calm, everyone! ...This could turn out to be another delay or it might spark the best fire we could hope for.
3-3-2020 Intel Guru Frank26 I ask the question - What does the GOI have to do with the CBI's monetary reform? ...Nothing...there is one important thing though. The citizens of Iraq must believe in the GOI. They must believe in the plan...
3-2-2020 Newshound/Intel Guru Walkingstick As a caretaker government Mahdi and his cabinet cannot issue bills to parliament but they can issue directives to other branches of the government. ie: release of funds to citizens, claim a holiday, etc..These do not require a vote in parliament...I agree, and yet the CBI has been prepared for quite some time... An event, Mahdi failed twice in its implementation...Myself, I put no faith in their abiding by their constitution... They opt to select when to abide by it when it's in ones best interest... In the years since it was voted on, all sitting governments have been in violation... Article 140, HCL... only 2 of many clear violations... [post 2 of 2]
3-2-2020 Newshound/Intel Guru Walkingstick IMO...Too much, focus...on Allawi...Keep in mind, whether...Allawi is seated or not...Iraq, does have...a seated and functioning government/cabinet in place...which, continues to convene and issue directives under Mahdi...Mahdi and his cabinet (form) nothing more then a care-taker government...Yet, they are in fact a seated government... Nor, can they now or have they ever had the authority to vote on a bill, to become law...The PM and his cabinet propose bills, which...in turn, are forwarded to parliament for a vote, which are then voted on...becoming law, or not... Parliament, on the other hand... is not, part of the executive branch... Any bill that has reached parliament, sitting in parliament (100's ) or was approved prior to Mahdis resignation can be voted on in parliament. ie: 2020 budget.. Parliament must also vote on the acceptance of a cabinet put forward by any PM... [post 1 of 2....stay tuned]
3-2-2020 Intel Guru MarkZ I am told we have had delays but should be getting news this afternoon. ...I expect Iraq to come fully on board as soon as they are allowed to see the release…we will see everything come together…the government miraculously sat…and all those issues gone…boom. [Do you think the uncertainty of the corona virus will hamper the redemption centers?] I was thinking this was a perfect storm to get it done…but I guess it could…staff not wanting to go to work to be exposed? I don’t think we should worry about it…I think it’s a bigger scare then it should be.
3-2-2020 Newshound Guru Jeff Article "Delaying the approval of the 2020 budget will lead to economic stagnation and harm the people". Quote - "It is the budget of the patient Iraqi people." Do you know why it's the budget of the people? It's actually never been the budget of the people before but it is now because this is the budget that has everything in it that's post rate change that is for the people. The reforms. The reconstruction...This is the first budget that's going to rebuild their entire country. That's going to give them a better life...
3-2-2020 Newshound Guru MilitiaMan Article: "Al-Nassiri: Delaying the approval of the 2020 budget will lead to economic stagnation and harm the people" All the bounce back and forth in politics in regard to the PM, is creating even more stress on and toward the end result to be sooner now than later for the economic reforms to be completed now. The oil price decline, the fears of corona virus, unemployment, economic stagnation, etc., the list goes on! The advice it appears to be from Samir al-Nassiri, is to get the reforms done and now. imo!
3-2-2020 Newshound Guru Vital Brad ...Allawi's government did not pass and the deadline was today to make it happen...what does this mean? What happens now? ...there's been talks about having a final session to pass Allawi's government but Haibousi, he's the speaker of parliament, he reminds me of Adam Schiff or Nancy Pelosi, he's trying to stop this at all costs. He's come forth and said times up. He's unsuccessful. Game over. This is what he wanted all along...Allawi officially apologized for the failure and announced his withdrawal. He wrote a letter to the President of the republic...Article Quote: "Saleh will begin consultation to select an alternative candidate within a period of 15 days." 15 days will put us at the 17th or 18th of March...
3-2-2020 Newshound Guru Jeff ...remember they...play a ton of games regarding their politics in the media. So be careful how you receive that [the prime minister tentatively resigning]...Even with what's going on they still have a stable enough government to change the rate. Remember, the CBI never said they needed to have a fully completed seat of government. What the CBI said before they agree to delete the zeros they said Iraq needs to remove their corruption...the corruption is gone...I'm not worried about the formation of the government. That's why I don't put a huge emphasis on it...
3-2-2020 Newshound Guru Chattels "Iraqi President Bahram Salih accepts the withdrawal of Mohammed Allawi as PM nominee & begins look for a new candidate."; "#Iraq PM designate@MohammedAllawi just tweeted he'll not make further attempts to form an Iraqi govt following failure of parliament to get quorum to vote on his candidates. Key question now is who will be the next designate charged by the Iraq president, within 15 days."
3-2-2020 Newshound Guru MilitiaMan Article: "Urgent .. Sources: Allawi Is Preparing To Announce His Withdrawal From The Mandate To Form A Government" I am not buying this latest news on withdrawal.. Not yet anyway.. Way to much at stake at this stage. And not to forget the accomplishments of the CBI.. The country still needs to run on money. Oil is putting pressure on everyone in the Region...
3-2-2020 Newshound/Intel Guru Walkingstick IMO...Too much, focus...on Allawi...Keep in mind, whether...Allawi is seated or not...Iraq, does have...a seated and functioning government/cabinet in place...which, continues to convene and issue directives under Mahdi...Mahdi and his cabinet (form) nothing more then a care-taker government...Yet, they are in fact a seated government... Nor, can they now or have they ever had the authority to vote on a bill, to become law...The PM and his cabinet propose bills, which...in turn, are forwarded to parliament for a vote, which are then voted on...becoming law, or not... Parliament, on the other hand... is not, part of the executive branch... Any bill that has reached parliament, sitting in parliament (100's ) or was approved prior to Mahdis resignation can be voted on in parliament. ie: 2020 budget.. Parliament must also vote on the acceptance of a cabinet put forward by any PM... [post 1 of 2....stay tuned]
3-2-2020 Intel Guru MarkZ I am told we have had delays but should be getting news this afternoon. ...I expect Iraq to come fully on board as soon as they are allowed to see the release…we will see everything come together…the government miraculously sat…and all those issues gone…boom. [Do you think the uncertainty of the corona virus will hamper the redemption centers?] I was thinking this was a perfect storm to get it done…but I guess it could…staff not wanting to go to work to be exposed? I don’t think we should worry about it…I think it’s a bigger scare then it should be.
3-2-2020 Newshound Guru Jeff Article "Delaying the approval of the 2020 budget will lead to economic stagnation and harm the people". Quote - "It is the budget of the patient Iraqi people." Do you know why it's the budget of the people? It's actually never been the budget of the people before but it is now because this is the budget that has everything in it that's post rate change that is for the people. The reforms. The reconstruction...This is the first budget that's going to rebuild their entire country. That's going to give them a better life...
3-2-2020 Newshound Guru MilitiaMan Article: "Al-Nassiri: Delaying the approval of the 2020 budget will lead to economic stagnation and harm the people" All the bounce back and forth in politics in regard to the PM, is creating even more stress on and toward the end result to be sooner now than later for the economic reforms to be completed now. The oil price decline, the fears of corona virus, unemployment, economic stagnation, etc., the list goes on! The advice it appears to be from Samir al-Nassiri, is to get the reforms done and now. imo!
3-2-2020 Newshound Guru Vital Brad ...Allawi's government did not pass and the deadline was today to make it happen...what does this mean? What happens now? ...there's been talks about having a final session to pass Allawi's government but Haibousi, he's the speaker of parliament, he reminds me of Adam Schiff or Nancy Pelosi, he's trying to stop this at all costs. He's come forth and said times up. He's unsuccessful. Game over. This is what he wanted all along...Allawi officially apologized for the failure and announced his withdrawal. He wrote a letter to the President of the republic...Article Quote: "Saleh will begin consultation to select an alternative candidate within a period of 15 days." 15 days will put us at the 17th or 18th of March...
3-2-2020 Newshound Guru Jeff ...remember they...play a ton of games regarding their politics in the media. So be careful how you receive that [the prime minister tentatively resigning]...Even with what's going on they still have a stable enough government to change the rate. Remember, the CBI never said they needed to have a fully completed seat of government. What the CBI said before they agree to delete the zeros they said Iraq needs to remove their corruption...the corruption is gone...I'm not worried about the formation of the government. That's why I don't put a huge emphasis on it...
3-2-2020 Newshound Guru Chattels "Iraqi President Bahram Salih accepts the withdrawal of Mohammed Allawi as PM nominee & begins look for a new candidate."; "#Iraq PM designate@MohammedAllawi just tweeted he'll not make further attempts to form an Iraqi govt following failure of parliament to get quorum to vote on his candidates. Key question now is who will be the next designate charged by the Iraq president, within 15 days."
3-2-2020 Newshound Guru MilitiaMan Article: "Urgent .. Sources: Allawi Is Preparing To Announce His Withdrawal From The Mandate To Form A Government" I am not buying this latest news on withdrawal.. Not yet anyway.. Way to much at stake at this stage. And not to forget the accomplishments of the CBI.. The country still needs to run on money. Oil is putting pressure on everyone in the Region...
3-1-2020 Intel Guru RayRen98 Sunday's vote has been postponed to Monday due to a lack of quorum. Baghdad news is broadcasting that Sadr is officially placed on the terrorist list for his actions regarding the murder of protestors. He faces severe sanctions from the US. It is rumored that Allawi will announce that he is resigning the Prime Minister appointment. Iraqi TV is reporting that Allawi will be a giving speech announcing his withdrawal from forming a cabinet. Time Will Tell!
3-1-2020 Intel Guru Frank26 Question How many days will it take the bank to credit our accounts at the exchange? You trade in a million dinar and it's worth a million dollars you get a million dollars credited to your bank account...electronically it's instantly...
3-1-2020 Newshound Guru Whitelions COUNCIL OF REPRESENTATIVES SESSION ADJOURNS FOR DAY AFTER FAILING TO ACHIEVE QUORUM...ULAIMANI — A session of the Council of Representatives on Sunday (March 1) to vote on Prime Minister-designate Mohammed Tawfiq Allawi’s proposed cabinet has been postponed after failing to achieve quorum.
3-1-2020 Intel Guru Delta & Newshound Guru MilitiaMan Delta: THIS IS THE PROVE [PROOF ?] OF ARTICLE VIII FROM CBI 55 PAGES DOCUMENTS ... Quote: "...and Iraq’s commitment to international agreements, in particular the application of provisions of texts Article 8 of the International Monetary Fund agreement..." MilitiaMan: Thank you Delta, bringing in the proof is fascinatingly apropos. You supported the data we have that they the CBI has offered the public. They have given notice of a change to come. They are on a time line now... That [document] gives legal text examples of the meaning for Foreign Currency and Hard Currency (USD) with respect to samples of internationalism to go along with it. They have and will have obligations now that they came out with that data. Whoo yahhh! imo Lets hope we see the train stop and the whistle blows the IQD announcement of a new international rate...!
3-1-2020 Intel Guru Frank26 Question: Do you think the CBI is itching to push the button right after the announcement of the new seated government? I don't know if the CBI is itching but I know we are. The United States is. The Fab 4 - all those who have taken them to that level they're at now. I know I am as an investor. I know contractors are definitely itching for that button to be pushed. As far as the CBI itself, the first flapping of the wings leaving the nest they're not easy...I think they're ready. And I think they're willing. And I think they're being pushed to the point whether they like it or not...
3-1-2020 Newshound Guru MilitiaMan ...From the CBIs perspective they are and have been ready and it is my understanding the CBI has publicly shown the citizens they are accepting the IMF obligations of Article 8. That was back on the 23rd of February 2020 in a 55 page report in Arabic. It mentions getting the flow of money to the citizens, lifting restrictions on their funds and allow freedom of external transfers of such funds. That report has me of the mind once it was published for the citizens, it was notice to the BIS...the citizens, and then to us that they are going to be lifting the exchange rate at a very close point in time, imo. Add in the printing of new notes, minting coins, all have been done with the afore being and end game notification if you will.. imo...
3-1-2020 Newshound/Intel Guru David M. Witty Iraqi Parliament delays vote on government of PM Mohammed Allawi due to lack of attendance.
3-1-2020 Intel Guru Okie_Oil_Man GOOD EVENING AMERICA SHIP'S AT SEA AND ALL OF OUR WORLD FRIENDS... WE ARE ONLY HOURS AWAY AND AT MOST A FEW DAYS OF RECEIVING OUR BLESSING...SOURCES ARE STATING OF THE PROBABILITY (POSSIBLE) OF THE RELEASE AT ANYTIME BUT MORE LIKELY AFTER MARCH 1. THAT MEANS THAT ANYTIME AFTER...(SUNDAY) WE STAND AN EXCELLENT CHANCE OF RECEIVING OUR NOTIFICATIONS. ...I HAVE RECEIVED ADDITIONAL INTEL REGARDING—RATES....THE RATES ON THE INTERNATIONAL CURRENCIES REMAINS HIGH AND CONTRACT RATES EVEN HIGHER.
3-1-2020 Intel Guru Frank26 Question How many days will it take the bank to credit our accounts at the exchange? You trade in a million dinar and it's worth a million dollars you get a million dollars credited to your bank account...electronically it's instantly...
3-1-2020 Newshound Guru Whitelions COUNCIL OF REPRESENTATIVES SESSION ADJOURNS FOR DAY AFTER FAILING TO ACHIEVE QUORUM...ULAIMANI — A session of the Council of Representatives on Sunday (March 1) to vote on Prime Minister-designate Mohammed Tawfiq Allawi’s proposed cabinet has been postponed after failing to achieve quorum.
3-1-2020 Intel Guru Delta & Newshound Guru MilitiaMan Delta: THIS IS THE PROVE [PROOF ?] OF ARTICLE VIII FROM CBI 55 PAGES DOCUMENTS ... Quote: "...and Iraq’s commitment to international agreements, in particular the application of provisions of texts Article 8 of the International Monetary Fund agreement..." MilitiaMan: Thank you Delta, bringing in the proof is fascinatingly apropos. You supported the data we have that they the CBI has offered the public. They have given notice of a change to come. They are on a time line now... That [document] gives legal text examples of the meaning for Foreign Currency and Hard Currency (USD) with respect to samples of internationalism to go along with it. They have and will have obligations now that they came out with that data. Whoo yahhh! imo Lets hope we see the train stop and the whistle blows the IQD announcement of a new international rate...!
3-1-2020 Intel Guru Frank26 Question: Do you think the CBI is itching to push the button right after the announcement of the new seated government? I don't know if the CBI is itching but I know we are. The United States is. The Fab 4 - all those who have taken them to that level they're at now. I know I am as an investor. I know contractors are definitely itching for that button to be pushed. As far as the CBI itself, the first flapping of the wings leaving the nest they're not easy...I think they're ready. And I think they're willing. And I think they're being pushed to the point whether they like it or not...
3-1-2020 Newshound Guru MilitiaMan ...From the CBIs perspective they are and have been ready and it is my understanding the CBI has publicly shown the citizens they are accepting the IMF obligations of Article 8. That was back on the 23rd of February 2020 in a 55 page report in Arabic. It mentions getting the flow of money to the citizens, lifting restrictions on their funds and allow freedom of external transfers of such funds. That report has me of the mind once it was published for the citizens, it was notice to the BIS...the citizens, and then to us that they are going to be lifting the exchange rate at a very close point in time, imo. Add in the printing of new notes, minting coins, all have been done with the afore being and end game notification if you will.. imo...
3-1-2020 Newshound/Intel Guru David M. Witty Iraqi Parliament delays vote on government of PM Mohammed Allawi due to lack of attendance.
3-1-2020 Intel Guru Okie_Oil_Man GOOD EVENING AMERICA SHIP'S AT SEA AND ALL OF OUR WORLD FRIENDS... WE ARE ONLY HOURS AWAY AND AT MOST A FEW DAYS OF RECEIVING OUR BLESSING...SOURCES ARE STATING OF THE PROBABILITY (POSSIBLE) OF THE RELEASE AT ANYTIME BUT MORE LIKELY AFTER MARCH 1. THAT MEANS THAT ANYTIME AFTER...(SUNDAY) WE STAND AN EXCELLENT CHANCE OF RECEIVING OUR NOTIFICATIONS. ...I HAVE RECEIVED ADDITIONAL INTEL REGARDING—RATES....THE RATES ON THE INTERNATIONAL CURRENCIES REMAINS HIGH AND CONTRACT RATES EVEN HIGHER.
2-29-2020 Newshound Guru MilitiaMan Just an interesting observation, imo. Allawi asks for an extra day to vote Cabinet confidence...But, to also note, what Allawi may have done is asked for this to go out one more day and got it...to assure the vote has no more wiggle room. Allawi has everything to gain and Parliament has everything to lose. imo Looks like somewhat of a Russian Roulette play...Allawi has been westernized... He apparently learned well and has a flavor for tactics and business... Something he has in common with the USA and Great Britain I suspect. He works at the western world speed, thereby, does things on time and or early. I also note...Quote: "The political expert, Bassel Hussein, confirmed that the date of expiry of Muhammad Tawfiq Allawi's mandate to form the government falls on the eighth of next March." The mandate suggests it has out to the 8th of March.. Okay? But, the assigning is for the 3rd. imo. What a Super Tuesday that will be? lol imo.
2-29-2020 Intel Guru Frank26 ...I told you when this thing happens you think the hard part has ended? No, the hard part is just starting for you. You're going to have to make some decisions with this money and if you make the wrong decisions, oh boy. Based on the way I see people study the Iraqi dinar I am scared they are going to become 'lottery winners' and lose everything within about 4 years...
2-29-2020 Newshound Guru Vital Brad We've just been notified that the parliament session that was supposed to held today on Saturday is now pushed to Sunday. They pushed it back a day. There still seems like a lot of urgency to get it done...by Monday March 2nd that's Allawi's last day to have his government set. Otherwise they can remove him as the Prime Minister and basically gonna start the process over. Tomorrow is gonna be a big day...things are really getting exciting with the Iraq stuff...
2-29-2020 Intel Guru MarkZ I hear once he gets the vote of confidence he will seat his cabinet within 72 hours…most of it was already approved.
2-29-2020 Intel Guru RayRen98 ALLAWI RECENTLY ANNOUNCED MAKING A DEAL WITH THE KURDS AND SUNNI'S. IT IS EXPECTED THAT THE CABINET WILL PASS ON SUNDAY'S VOTE - TIME WILL TELL
2-29-2020 Newshound Guru Vital Brad ...after going through several different documents...IMO...Iraq currency, they are not technically manipulating it. They're decommissioned. They were a war-torn country so they're having to take certain steps to get their currency reinstated so technically they're not manipulating their currency. But here's the good thing. What this forces Iraq to do is when their currency is reinstated...and this revaluation does happen, we know that their currency is gonna have to revalue at a fair amount. At least, IMO, 1 to 1 with the U.S. dollar - if not more.
2-29-2020 Newshound Guru Pimpy What does Iraq really need to do? They need to start developing companies, other streams of income away from the oil...they rely on it so much it's the biggest part of the GDP. But guess what? There's some very interesting news...It could just be we're about to get some outside investors in there. You know what happens if the outside investors get in there? They have do something with the rate. It can't be this low and it can't be too high...$1.34...they need this...these announcements just came out. Military industry, parking, food, dairy, bricks. This is a great opportunity for people to invest in Iraq. But more importantly it's about damn time to open their doors so that we could get these outside investors in there so we could change their freak'n rate of the dinar...we need this...
2-29-2020 Intel Guru Footforward They are out to destroy Allawi because he's exposing the corruption. MP's were paid to not show up and confirm the government in Iraq...
2-29-2020 Newshound Guru Kaperoni I'll say it again the only way the dinar is going to go up in value is when Iraq creates the conditions for investment to come into the country and rebuild through the private sector. And only with the success of that will be the success of the dinar. Monetary policy is a set of tools that control the exchange rate based on factors within the economy such as inflation. And as investment comes in the country inflation will also come forcing the CBI to use it's monetary tools. So the bottom line is if we're ever going to see the dinar go up in value we're going to have to see the success of a private sector market economy in Iraq. ...they need to pass laws, get the Prime Minister and his cabinet in place, and create stability so investors want to come.
2-29-2020 Intel Guru Frank26 ...I told you when this thing happens you think the hard part has ended? No, the hard part is just starting for you. You're going to have to make some decisions with this money and if you make the wrong decisions, oh boy. Based on the way I see people study the Iraqi dinar I am scared they are going to become 'lottery winners' and lose everything within about 4 years...
2-29-2020 Newshound Guru Vital Brad We've just been notified that the parliament session that was supposed to held today on Saturday is now pushed to Sunday. They pushed it back a day. There still seems like a lot of urgency to get it done...by Monday March 2nd that's Allawi's last day to have his government set. Otherwise they can remove him as the Prime Minister and basically gonna start the process over. Tomorrow is gonna be a big day...things are really getting exciting with the Iraq stuff...
2-29-2020 Intel Guru MarkZ I hear once he gets the vote of confidence he will seat his cabinet within 72 hours…most of it was already approved.
2-29-2020 Intel Guru RayRen98 ALLAWI RECENTLY ANNOUNCED MAKING A DEAL WITH THE KURDS AND SUNNI'S. IT IS EXPECTED THAT THE CABINET WILL PASS ON SUNDAY'S VOTE - TIME WILL TELL
2-29-2020 Newshound Guru Vital Brad ...after going through several different documents...IMO...Iraq currency, they are not technically manipulating it. They're decommissioned. They were a war-torn country so they're having to take certain steps to get their currency reinstated so technically they're not manipulating their currency. But here's the good thing. What this forces Iraq to do is when their currency is reinstated...and this revaluation does happen, we know that their currency is gonna have to revalue at a fair amount. At least, IMO, 1 to 1 with the U.S. dollar - if not more.
2-29-2020 Newshound Guru Pimpy What does Iraq really need to do? They need to start developing companies, other streams of income away from the oil...they rely on it so much it's the biggest part of the GDP. But guess what? There's some very interesting news...It could just be we're about to get some outside investors in there. You know what happens if the outside investors get in there? They have do something with the rate. It can't be this low and it can't be too high...$1.34...they need this...these announcements just came out. Military industry, parking, food, dairy, bricks. This is a great opportunity for people to invest in Iraq. But more importantly it's about damn time to open their doors so that we could get these outside investors in there so we could change their freak'n rate of the dinar...we need this...
2-29-2020 Intel Guru Footforward They are out to destroy Allawi because he's exposing the corruption. MP's were paid to not show up and confirm the government in Iraq...
2-29-2020 Newshound Guru Kaperoni I'll say it again the only way the dinar is going to go up in value is when Iraq creates the conditions for investment to come into the country and rebuild through the private sector. And only with the success of that will be the success of the dinar. Monetary policy is a set of tools that control the exchange rate based on factors within the economy such as inflation. And as investment comes in the country inflation will also come forcing the CBI to use it's monetary tools. So the bottom line is if we're ever going to see the dinar go up in value we're going to have to see the success of a private sector market economy in Iraq. ...they need to pass laws, get the Prime Minister and his cabinet in place, and create stability so investors want to come.
2-28-2020 Newshound/Intel Guru Mnt Goat Article: "MUHAMMAD ALLAWI CONFIRMS EARLY ELECTIONS: THE GOVERNMENT PROGRAM INCLUDES HOLDING IT WITHIN A YEAR" Quote: “WE AFFIRM THAT THE INDEPENDENT HIGH ELECTORAL COMMISSION WILL PROVIDE US WITH A SPECIFIC DATE THAT DOES NOT EXCEED A YEAR from this day.” I sincerely believe we will be out of this investment by then.
2-28-2020 Newshound Guru Chattels For a parliament session to obtain a quorum, half plus one of its members must show up to vote — which is 168 members. Half plus one of the attendees must vote for the Cabinet to approve it. This means Shiite parties can hold the parliament session or make quorum without the Sunni and Kurds, but today there were Shia defectors also and even if the Shia can muster quorum and decision without the support of Sunni and Kurdish parties will add to an already divisive situation in Iraq , in my view.
2-28-2020 Intel Guru Bruce I’m hearing that if we even got notified on Friday afternoon we could start Saturday - If we get notified on Saturday we could start Saturday afternoon... We probably won’t skip over Sunday unless we get notified prior to that and it could put us into a Mon-Tues start again – notified and start on Tuesday which is march 3rd – so this thing has really – really dragged out - to a very slow roll...so we are either very very close or we might not get it until past the weekend and we start Monday/Tuesday - That’s the latest I’ve got on that... I’ll just tell you this - we should have the Dinar at whatever rate it comes in – I don’t know where it’s going to end up – but the Dong should be 25-40 cents below the Dinar...Let’s see what happens between now and Tuesday...
2-28-2020 Intel Guru Frank26 ...On the 24th I think they pushed the button that 15 days later this Cabinet and this Prime Minister would receive the new budget that God willing with the new rate...
2-28-2020 Intel Guru MarkZ [Guru] Mr. Cottrell and I spoke this morning. This could be the absolute “Perfect Storm” we have been looking for. We know that financially we have been so close and now we have a rolling correction or a “rolling crash” as it rolls from one nation to the next. It is not a complete and total sell off...it is a very sharp correction. This is painting them in a corner. How better to save the world then to say “Hey…we have to stem this crash because of the corona virus…and this is how we are going to do it…with asset backed currency. There could not be a better opportunity to kick this in…This is in his opinion and mine.
2-28-2020 Newshound Guru Vital Brad Article "Iraq fails to form new government, prolonging crisis". They were supposed to meet on Thursday.
Allawi showed up. About a hundred members of parliament showed up and they couldn't get the job done...Allawi wants to put in what's called technocrats. People that aren't necessarily associated with a party...To try to get rid of this corruption...Allawi is really doing what the people of Iraq want. They want that Iranian influence out and by him coming in and putting a cabinet of technocrats or basically independents in potentially could take away that corruption...If he doesn't get it done by March 2nd, we're talking Monday, then his time's up...They're supposed to meet tomorrow. They've got to get it done tomorrow [By Monday at latest] otherwise Allawi's out. What does that mean? This thing could get dragged out...
2-28-2020 Newshound Guru Pimpy We've been trying to figure out if Iraq has the money to cover an exchange rate of $3.20. There's a lot of good arguments for it. I get it. I really do...but you know the amount of currency that Iraq has issued is way higher than what Kuwait has. It's not like a little bit. It's drastically higher. I mean huge. So that really lowers the value of the dinar because they have so much out there. What I'm hoping makes a difference is less than 5% of it is in country. I still think about 90% of it, 92% of it is in central banks everywhere. Not as much as people think are out there in the hands of spectators. I'm hoping that Iraq, IMF and World Bank realize that although there are some that are in the hands of the public but there's not that much of it. That they could go ahead and take a chance on a higher rate. In order for Iraq to really grow economically they're going to have to come out with the sweet spot. We know this...
2-28-2020 Newshound Guru Jeff ...since the beginning of the year I basically said...Iraq would take their sweet time because they really had nothing left to do and that's playing out tremendously within the formation of the government...they are milking the formation of the government. IMO though the formation of the government is done. Complete. I really wouldn't worry about it...we're at the end of this ride...it's all coming together right before our eyes...
2-28-2020 Intel Guru Footforward There has been a shift in the middle east and in Iraq. I hope people can see that. It's why I believe the RV is coming. Why I say actual progress is finally being made.
2-28-2020 Intel Guru Frank26 ...everything is ready to go. All you need is the rate. Because the rate change has to come before or with the budget. It's that simple...
2-28-2020 Newshound Guru Chattels For a parliament session to obtain a quorum, half plus one of its members must show up to vote — which is 168 members. Half plus one of the attendees must vote for the Cabinet to approve it. This means Shiite parties can hold the parliament session or make quorum without the Sunni and Kurds, but today there were Shia defectors also and even if the Shia can muster quorum and decision without the support of Sunni and Kurdish parties will add to an already divisive situation in Iraq , in my view.
2-28-2020 Intel Guru Bruce I’m hearing that if we even got notified on Friday afternoon we could start Saturday - If we get notified on Saturday we could start Saturday afternoon... We probably won’t skip over Sunday unless we get notified prior to that and it could put us into a Mon-Tues start again – notified and start on Tuesday which is march 3rd – so this thing has really – really dragged out - to a very slow roll...so we are either very very close or we might not get it until past the weekend and we start Monday/Tuesday - That’s the latest I’ve got on that... I’ll just tell you this - we should have the Dinar at whatever rate it comes in – I don’t know where it’s going to end up – but the Dong should be 25-40 cents below the Dinar...Let’s see what happens between now and Tuesday...
2-28-2020 Intel Guru Frank26 ...On the 24th I think they pushed the button that 15 days later this Cabinet and this Prime Minister would receive the new budget that God willing with the new rate...
2-28-2020 Intel Guru MarkZ [Guru] Mr. Cottrell and I spoke this morning. This could be the absolute “Perfect Storm” we have been looking for. We know that financially we have been so close and now we have a rolling correction or a “rolling crash” as it rolls from one nation to the next. It is not a complete and total sell off...it is a very sharp correction. This is painting them in a corner. How better to save the world then to say “Hey…we have to stem this crash because of the corona virus…and this is how we are going to do it…with asset backed currency. There could not be a better opportunity to kick this in…This is in his opinion and mine.
2-28-2020 Newshound Guru Vital Brad Article "Iraq fails to form new government, prolonging crisis". They were supposed to meet on Thursday.
Allawi showed up. About a hundred members of parliament showed up and they couldn't get the job done...Allawi wants to put in what's called technocrats. People that aren't necessarily associated with a party...To try to get rid of this corruption...Allawi is really doing what the people of Iraq want. They want that Iranian influence out and by him coming in and putting a cabinet of technocrats or basically independents in potentially could take away that corruption...If he doesn't get it done by March 2nd, we're talking Monday, then his time's up...They're supposed to meet tomorrow. They've got to get it done tomorrow [By Monday at latest] otherwise Allawi's out. What does that mean? This thing could get dragged out...
2-28-2020 Newshound Guru Pimpy We've been trying to figure out if Iraq has the money to cover an exchange rate of $3.20. There's a lot of good arguments for it. I get it. I really do...but you know the amount of currency that Iraq has issued is way higher than what Kuwait has. It's not like a little bit. It's drastically higher. I mean huge. So that really lowers the value of the dinar because they have so much out there. What I'm hoping makes a difference is less than 5% of it is in country. I still think about 90% of it, 92% of it is in central banks everywhere. Not as much as people think are out there in the hands of spectators. I'm hoping that Iraq, IMF and World Bank realize that although there are some that are in the hands of the public but there's not that much of it. That they could go ahead and take a chance on a higher rate. In order for Iraq to really grow economically they're going to have to come out with the sweet spot. We know this...
2-28-2020 Newshound Guru Jeff ...since the beginning of the year I basically said...Iraq would take their sweet time because they really had nothing left to do and that's playing out tremendously within the formation of the government...they are milking the formation of the government. IMO though the formation of the government is done. Complete. I really wouldn't worry about it...we're at the end of this ride...it's all coming together right before our eyes...
2-28-2020 Intel Guru Footforward There has been a shift in the middle east and in Iraq. I hope people can see that. It's why I believe the RV is coming. Why I say actual progress is finally being made.
2-28-2020 Intel Guru Frank26 ...everything is ready to go. All you need is the rate. Because the rate change has to come before or with the budget. It's that simple...
2-27-2020 Newshound Guru Pimpy ...I keep saying the rate's gonna come out about $1.34. I get that people are gonna try to make an argument for $3.20. I could tell you right now that the government of Iraq wants $3.20. They make a good argument for it...when it comes to the oil nations there's only like 3 countries that are less than I think $1.35. Most of them are all over $1. So yeah there's good reason to believe this but the point is what does Iraq have to support the rate? ...Iraq has to come out at the sweet spot or else it's really gonna kill them...
2-27-2020 Newshound Guru Jeff ...When the rate change occurs the US financial markets are gonna spike up, jump and dance. The markets were already too high. They were risking inflation so they had to bring the markets back down as a correction by the excuse of the Caronavirus so when the rate changes it can shoot back up to where they just came from...
2-27-2020 Intel Guru RayRen98 The vote for Allawi's cabinet has been postponed...one report indicates Sunday and one report indicates Saturday for reconvening to vote. Iraqi TV is showing a small representation of Parliament members at Thursday's session. Citizens are angry and took to the streets burning tires and throwing rocks through windows. Reportedly, a quorum was not established due to threats from Sadr's ministers not appearing at the session. A source reports that 4:00 Eastern today is targeted to possibly reconvene Parliament for a vote. Time Will Tell.
2-27-2020 Intel Guru Footforward The vote to confirm Allawi's government looks to have been pushed back to Saturday. Doesn't phase me one bit. Keep praying. This will happen. Of course this is just my opinion and not financial advice.
2-27-2020 Intel Guru Frank26 This past Monday they pushed the button on the 30 day countdown of the formation and announcement and the introduction of the budget and the introduction of the new rate all within that 30 day time-frame. This is all IMO. I don't know...I wanna say I feel I'm 99% positive about this but I have to be polite and say this is all my opinion because it's not like I can show you...because I can't...
2-27-2020 Newshound/Intel Guru Mnt Goat Article: "THE ARRIVAL OF THE 2020 BUDGET IN PARLIAMENT AFTER TWO WEEKS" Quote: "THE MINISTRIES OF FINANCE AND PLANNING WILL SET THE BROAD LINES OF THE BUDGET BEFORE SENDING IT TO PARLIAMENT FOR A VOTE." Sounds to me they have not yet spent any money from the budget so far for 2020.
2-27-2020 Intel Guru MarkZ All eyes are watching with expectation today…I will be watching this afternoon closely… I am hearing great things. Nobody knows the exact date…all we can do is speculate based on what we are told from bankers and contacts and world news and events... March is a very popular months for revaluations…do some research…many revaluations have happened in March.
2-27-2020 Intel Guru Frank26 ...we have a cloud of smoke from the excitement from the explosion IMO of them actually pushing a button...it's not dark humor. It's not science fiction. It's not a comedy. It's all great. The Prime Minister twice talked to the citizens of Iraq about the exchange rate for the improvement of their economy. Twice he's talked about the exchange rate. He also talked to them about the vote. And yeah they're gonna have the vote and he gave the reason why there won't be one today [Wednesday]. It looks like Thursday. Tomorrow hopefully they get it all done. That's really not important. It's really not. IMO the government has been functioning with no problem for quite a while...
2-27-2020 Newshound Guru Pimpy ...Dr. Shabibi wrote an article complaining that the monetary policies that the CBI is under from the IMF and World Bank helps keep inflation low but it really chokes off their ability to grow economically. He's the one pushing for a rate change...
2-27-2020 Newshound Guru MilitiaMan Article: "The central bank clarifies the administrative framework for financing imports and the mechanism for selling foreign currencies" Quote: "It also clarifies the process of collecting and sterilizing the local currency considering that this bank represents the monetary authority in Iraq." The act of sterilizing the local currency is a practice by major global players. It appears the CBI is preparing or is now prepared to defend their currency in world markets.. Something that the CBI has now been told to the world that they are now obliged to play by the IMF Rules.. imo.. Very good indeed imo. [Investopedia: Sterilization is a form of monetary action in which a central bank seeks to limit the effect of inflows and outflows of capital on the money supply. Sterilization most frequently involves the purchase or sale of financial assets by a central bank, and is designed to offset the effect of foreign exchange intervention.]
2-27-2020 Newshound Guru Jeff ...When the rate change occurs the US financial markets are gonna spike up, jump and dance. The markets were already too high. They were risking inflation so they had to bring the markets back down as a correction by the excuse of the Caronavirus so when the rate changes it can shoot back up to where they just came from...
2-27-2020 Intel Guru RayRen98 The vote for Allawi's cabinet has been postponed...one report indicates Sunday and one report indicates Saturday for reconvening to vote. Iraqi TV is showing a small representation of Parliament members at Thursday's session. Citizens are angry and took to the streets burning tires and throwing rocks through windows. Reportedly, a quorum was not established due to threats from Sadr's ministers not appearing at the session. A source reports that 4:00 Eastern today is targeted to possibly reconvene Parliament for a vote. Time Will Tell.
2-27-2020 Intel Guru Footforward The vote to confirm Allawi's government looks to have been pushed back to Saturday. Doesn't phase me one bit. Keep praying. This will happen. Of course this is just my opinion and not financial advice.
2-27-2020 Intel Guru Frank26 This past Monday they pushed the button on the 30 day countdown of the formation and announcement and the introduction of the budget and the introduction of the new rate all within that 30 day time-frame. This is all IMO. I don't know...I wanna say I feel I'm 99% positive about this but I have to be polite and say this is all my opinion because it's not like I can show you...because I can't...
2-27-2020 Newshound/Intel Guru Mnt Goat Article: "THE ARRIVAL OF THE 2020 BUDGET IN PARLIAMENT AFTER TWO WEEKS" Quote: "THE MINISTRIES OF FINANCE AND PLANNING WILL SET THE BROAD LINES OF THE BUDGET BEFORE SENDING IT TO PARLIAMENT FOR A VOTE." Sounds to me they have not yet spent any money from the budget so far for 2020.
2-27-2020 Intel Guru MarkZ All eyes are watching with expectation today…I will be watching this afternoon closely… I am hearing great things. Nobody knows the exact date…all we can do is speculate based on what we are told from bankers and contacts and world news and events... March is a very popular months for revaluations…do some research…many revaluations have happened in March.
2-27-2020 Intel Guru Frank26 ...we have a cloud of smoke from the excitement from the explosion IMO of them actually pushing a button...it's not dark humor. It's not science fiction. It's not a comedy. It's all great. The Prime Minister twice talked to the citizens of Iraq about the exchange rate for the improvement of their economy. Twice he's talked about the exchange rate. He also talked to them about the vote. And yeah they're gonna have the vote and he gave the reason why there won't be one today [Wednesday]. It looks like Thursday. Tomorrow hopefully they get it all done. That's really not important. It's really not. IMO the government has been functioning with no problem for quite a while...
2-27-2020 Newshound Guru Pimpy ...Dr. Shabibi wrote an article complaining that the monetary policies that the CBI is under from the IMF and World Bank helps keep inflation low but it really chokes off their ability to grow economically. He's the one pushing for a rate change...
2-27-2020 Newshound Guru MilitiaMan Article: "The central bank clarifies the administrative framework for financing imports and the mechanism for selling foreign currencies" Quote: "It also clarifies the process of collecting and sterilizing the local currency considering that this bank represents the monetary authority in Iraq." The act of sterilizing the local currency is a practice by major global players. It appears the CBI is preparing or is now prepared to defend their currency in world markets.. Something that the CBI has now been told to the world that they are now obliged to play by the IMF Rules.. imo.. Very good indeed imo. [Investopedia: Sterilization is a form of monetary action in which a central bank seeks to limit the effect of inflows and outflows of capital on the money supply. Sterilization most frequently involves the purchase or sale of financial assets by a central bank, and is designed to offset the effect of foreign exchange intervention.]
2-26-2020 Intel Guru MarkZ I hear that they want you to exchange in the country you are a citizen of. If you are out of your country at the time of exchange my guess is they handle the exchange in whatever exchange rate and currency your country uses?
2-26-2020 Intel Guru Bruce [via WiserNow] ...we’ve heard forever and a day that Iraq was going to post a new rate – put it in the Gazette - CBI was up - all of that good stuff - well, Iraq is basically waiting on our lead to go – for us to move forward – then they will essentially show their rate on CBI... I would not be surprised if finally overnight tonight and into tomorrow which is Wednesday that Iraq finally has their rate - finally has their new Iraqi Dinar with a new rate on the front screens of the banks and also that the Forex with an update again in the 2:15 in the morning range with an Iraqi rate...I think things are coming together for us...We are under the impression from some very high up sources in the know that we are in a 24 hour window now – right now...finally, with everything that’s been done and happening behind the scenes – we’re moving in the right direction...I just think we are really really just about ready to go...
2-26-2020 Newshound Guru Kaperoni ...one...They [CBI] are a professional organization utilizing professional techniques to manage and control the financial system in Iraq. Two, there is to much currency in circulation. Three, Iraq's total mineral net worth is 15 - 16 trillion dollars. At the current dinar in circulation, a 1 to $1 RV would completely bankrupt the country literally 3 times the entire worth of minerals including oil. Four, such an event would completely throw the entire financial system into chaos in Iraq. Five, monetary policy is a group of tools that support the demands of the financial system. A RV or RI completely circumvents that process. For example the CBI generates revenue from the buy/sell of currency. It also reserves the right to raise or lower the value to counter inflation or deflation from time to time if needed. A RV would not only create chaos, but would prevent the usage of those tools. And lastly a currencies value is determined by market forces. Not some random or arbitrary value. That is 6 solid reason the dinar could never and will never will RV/RI. Our only hope is a gradual appreciation directly related to the success of the private sector/market economy.
2-26-2020 Intel Guru Angle1 ...when we get to teller training [In Iraq] - teller training equals citizen education.
2-26-2020 Newshound/Intel Guru Mnt Goat So the drama of the ratification of Allawi to take the seat of the prime minister continues. We expect this to happen this week, probably Thursday. Then things should move quickly in Iraq.
2-26-2020 Intel Guru MarkZ [via PDK] Still no change of rate in Iraq…Bankers are still at the edge of their seats... [So is the rumor yesterday that the button has been pushed de-bunked?] Possibly something was pushed moving us forward but the reality is the RV has not taken place and we don’t have any money. Until I see people with money in their accounts...in my book, the button has not been pushed. I do think it’s a juggernaut at this point...it’s inevitable, it’s happening, it’s moving… [What does your contact say in Iraq?] They are looking for it to happen after the government gets its vote of confidence. This happens today I believe...I would say to start watching Iraq closely starting tomorrow. [Guru] Bruce said we are in a 24 hour window starting last night...I definitely do believe we are close.
2-26-2020 Newshound Guru Adam Montana [We should then be looking at a fully formed government which is a requirement for the rv to occur.] It's not a stated "requirement" by any means, but it is hard to see it happening without it. I don't think we need a "fully" formed government. 80-85% will do.
2-26-2020 Newshound Guru MilitiaMan Article quote: "Practical and Immediate Steps are needed for economic reforms"... I have to say the CBI of late has shown their ability to do just that.. The CBI today has suggest they have a published brochure to outline the mechanisms they will use to defend their currency in the open markets.. The CBI published data in Arabic that has some powerful implications on where this is headed!! The direction is perfect for us...imo!
2-26-2020 Newshound Guru Vital Brad In the whole 10 years that I've been following this there's more happening in Iraq than I've ever seen. Do I feel we're closer than ever? Absolutely. Do I feel like Iraq deserves to have their currency internationally recognized again - to be included with everybody else? Absolutely. There's no reason a country like Iraq that has so much...value should be excluded from the rest of the world. Am I happy that I personally am holding some Iraqi dinar? I am. I absolutely am...
2-26-2020 Intel Guru Bruce [via WiserNow] ...we’ve heard forever and a day that Iraq was going to post a new rate – put it in the Gazette - CBI was up - all of that good stuff - well, Iraq is basically waiting on our lead to go – for us to move forward – then they will essentially show their rate on CBI... I would not be surprised if finally overnight tonight and into tomorrow which is Wednesday that Iraq finally has their rate - finally has their new Iraqi Dinar with a new rate on the front screens of the banks and also that the Forex with an update again in the 2:15 in the morning range with an Iraqi rate...I think things are coming together for us...We are under the impression from some very high up sources in the know that we are in a 24 hour window now – right now...finally, with everything that’s been done and happening behind the scenes – we’re moving in the right direction...I just think we are really really just about ready to go...
2-26-2020 Newshound Guru Kaperoni ...one...They [CBI] are a professional organization utilizing professional techniques to manage and control the financial system in Iraq. Two, there is to much currency in circulation. Three, Iraq's total mineral net worth is 15 - 16 trillion dollars. At the current dinar in circulation, a 1 to $1 RV would completely bankrupt the country literally 3 times the entire worth of minerals including oil. Four, such an event would completely throw the entire financial system into chaos in Iraq. Five, monetary policy is a group of tools that support the demands of the financial system. A RV or RI completely circumvents that process. For example the CBI generates revenue from the buy/sell of currency. It also reserves the right to raise or lower the value to counter inflation or deflation from time to time if needed. A RV would not only create chaos, but would prevent the usage of those tools. And lastly a currencies value is determined by market forces. Not some random or arbitrary value. That is 6 solid reason the dinar could never and will never will RV/RI. Our only hope is a gradual appreciation directly related to the success of the private sector/market economy.
2-26-2020 Intel Guru Angle1 ...when we get to teller training [In Iraq] - teller training equals citizen education.
2-26-2020 Newshound/Intel Guru Mnt Goat So the drama of the ratification of Allawi to take the seat of the prime minister continues. We expect this to happen this week, probably Thursday. Then things should move quickly in Iraq.
2-26-2020 Intel Guru MarkZ [via PDK] Still no change of rate in Iraq…Bankers are still at the edge of their seats... [So is the rumor yesterday that the button has been pushed de-bunked?] Possibly something was pushed moving us forward but the reality is the RV has not taken place and we don’t have any money. Until I see people with money in their accounts...in my book, the button has not been pushed. I do think it’s a juggernaut at this point...it’s inevitable, it’s happening, it’s moving… [What does your contact say in Iraq?] They are looking for it to happen after the government gets its vote of confidence. This happens today I believe...I would say to start watching Iraq closely starting tomorrow. [Guru] Bruce said we are in a 24 hour window starting last night...I definitely do believe we are close.
2-26-2020 Newshound Guru Adam Montana [We should then be looking at a fully formed government which is a requirement for the rv to occur.] It's not a stated "requirement" by any means, but it is hard to see it happening without it. I don't think we need a "fully" formed government. 80-85% will do.
2-26-2020 Newshound Guru MilitiaMan Article quote: "Practical and Immediate Steps are needed for economic reforms"... I have to say the CBI of late has shown their ability to do just that.. The CBI today has suggest they have a published brochure to outline the mechanisms they will use to defend their currency in the open markets.. The CBI published data in Arabic that has some powerful implications on where this is headed!! The direction is perfect for us...imo!
2-26-2020 Newshound Guru Vital Brad In the whole 10 years that I've been following this there's more happening in Iraq than I've ever seen. Do I feel we're closer than ever? Absolutely. Do I feel like Iraq deserves to have their currency internationally recognized again - to be included with everybody else? Absolutely. There's no reason a country like Iraq that has so much...value should be excluded from the rest of the world. Am I happy that I personally am holding some Iraqi dinar? I am. I absolutely am...
2-25-2020 Intel Guru Frank26 [Question] From what I understand the new Prime Minister will have 30 days to reinstate the currency. No no no. the Central Bank of Iraq reinstates the currency. The prime minister announce it along with the governor. But the CBI's gonna do all the talking...
2-25-2020 Intel Guru MarkZ I did get to talk to [Guru] Okie twice this weekend…short calls because he gets out of breath…he is also excited about where we are at and the news he was getting over the weekend…
2-25-2020 Intel Guru Frank26 [Question] In your opinion is there a timeline limit once this occurs to exchange? ...very good question. I think that they are talking about that. There might be a time limit. We don't know that just yet...but it wouldn't be such a dramatic thing - 30 days. No no I think it would be a number of years...
2-25-2020 Newshound Guru Whitelions ... lets see what the cbi does when the cabinet is voted in...it looks like that will be very soon. The CBI is ready ...the work that is starting in the country is demanding it...not just the protesters but the contractors that are coming in are expecting it...not just the us but every country wanting to work in the country and the good thing is Iraq is being very picky about what country's it will do bis. with because they know they can...everybody wants a piece of this pie...but If I have to guess it would be with in the next 2 to 3 months...
2-25-2020 Newshound/Intel Guru tman23 ...Kap [Guru Kaperoni] posted the other day...16 trillion in whats in the ground...150 billion barrels... has been now just quadrupled...when that number 16 trillion was released...Trump in 2012 or there about tweeted...“US deficit 16 trillion and Iraq valued worth 16 trillion...INTERESTING!”...there is a plan here and it definitely is not Kaps market economy force...
2-25-2020 Intel Guru MarkZ [Guru Walkingstick told Frank they pushed the button.] I am hearing the same thing. …waiting for confirmation in the media.
2-25-2020 Newshound Guru Pimpy ...according to the Iraqi Constitution it says as clear as day that a budget must be put forward and by law they're supposed to wait 30 days. They have to keep reviewing it for 30 days. They give them 30 days minimum before they could pass the budget. If the budget's been submitted it's 30 days from then in which they vote on and go ahead to move the budget forward. Until now the budget has not been published...
2-25-2020 Newshound Guru Whitelions ...they will never ever post that they are going to change the rate of their currency, BUT we have all been in this a long time and can follow what and how things are going in that country ...
2-25-2020 Newshound Guru Vital Brad ...Part of me does feel like they will come out at a low rate...just throwing a number out there let's say 10 cents, something like that just to get back on the international market and get rid of some of the amount of the Iraqi dinar that's out there...get some people to turn in their dinar at a lower rate. I believe it can float up to a higher rate...Kuwait's currency right now I believe is around $3.40 and Iraq has much more oil reserves than Kuwait...there's no reason IMO they should be lower than Kuwait. So I think it'll get up there.
2-25-2020 Intel Guru Frank26 ...I would like to believe that it's true that President Trump has given them the date to stop using the American dollar in the auction and I believe that they have committed to it. And the fact that it's from Donald Trump who I don't think that's going to delayed or moved or anything. You don't trump Trump..
2-25-2020 Intel Guru MarkZ I did get to talk to [Guru] Okie twice this weekend…short calls because he gets out of breath…he is also excited about where we are at and the news he was getting over the weekend…
2-25-2020 Intel Guru Frank26 [Question] In your opinion is there a timeline limit once this occurs to exchange? ...very good question. I think that they are talking about that. There might be a time limit. We don't know that just yet...but it wouldn't be such a dramatic thing - 30 days. No no I think it would be a number of years...
2-25-2020 Newshound Guru Whitelions ... lets see what the cbi does when the cabinet is voted in...it looks like that will be very soon. The CBI is ready ...the work that is starting in the country is demanding it...not just the protesters but the contractors that are coming in are expecting it...not just the us but every country wanting to work in the country and the good thing is Iraq is being very picky about what country's it will do bis. with because they know they can...everybody wants a piece of this pie...but If I have to guess it would be with in the next 2 to 3 months...
2-25-2020 Newshound/Intel Guru tman23 ...Kap [Guru Kaperoni] posted the other day...16 trillion in whats in the ground...150 billion barrels... has been now just quadrupled...when that number 16 trillion was released...Trump in 2012 or there about tweeted...“US deficit 16 trillion and Iraq valued worth 16 trillion...INTERESTING!”...there is a plan here and it definitely is not Kaps market economy force...
2-25-2020 Intel Guru MarkZ [Guru Walkingstick told Frank they pushed the button.] I am hearing the same thing. …waiting for confirmation in the media.
2-25-2020 Newshound Guru Pimpy ...according to the Iraqi Constitution it says as clear as day that a budget must be put forward and by law they're supposed to wait 30 days. They have to keep reviewing it for 30 days. They give them 30 days minimum before they could pass the budget. If the budget's been submitted it's 30 days from then in which they vote on and go ahead to move the budget forward. Until now the budget has not been published...
2-25-2020 Newshound Guru Whitelions ...they will never ever post that they are going to change the rate of their currency, BUT we have all been in this a long time and can follow what and how things are going in that country ...
2-25-2020 Newshound Guru Vital Brad ...Part of me does feel like they will come out at a low rate...just throwing a number out there let's say 10 cents, something like that just to get back on the international market and get rid of some of the amount of the Iraqi dinar that's out there...get some people to turn in their dinar at a lower rate. I believe it can float up to a higher rate...Kuwait's currency right now I believe is around $3.40 and Iraq has much more oil reserves than Kuwait...there's no reason IMO they should be lower than Kuwait. So I think it'll get up there.
2-25-2020 Intel Guru Frank26 ...I would like to believe that it's true that President Trump has given them the date to stop using the American dollar in the auction and I believe that they have committed to it. And the fact that it's from Donald Trump who I don't think that's going to delayed or moved or anything. You don't trump Trump..
2-24-2020 Newshound/Intel Guru Francis Albert Currency investors here. Take heart. Regardless of what some "Never Dinarians" are writing lately...remember it is easy to argue any point when the fine points are not in the talk. I have studied these "money" matters for many years. And, to that end, anyone who argues that Iraq is not going to somehow, someway, someday go international and raise the value of their currency is simply not looking closely. Do I think It will suddenly pop up to some mythical $3.50 range overnight? Possible, for the Iraqi Dinar has years of history in this territory. So, a reinstatement is possible. If I were a betting chap I would say it comes out at .86 on Forex and makes a speedy dash higher.
2-24-2020 Newshound Guru Vital Brad It appears like Iraq might do exactly what Kuwait did. In 1991 they revalued their currency after their war on...March 24th 1991. If Iraq is gonna do this they're following in the footsteps of Kuwait IMO...They [Iraq] still owe Kuwait some money but they've already told us that to pay Kuwait that's gonna be in the 2020 budget. There are certain things in the 2020 budget that appear need to happen - that can't happen until there's a new rate. It looks like in Iraq everything right now is on standby until the reinstatement...come Monday they get their government set and then guys we're coming up on March. This was the same time 30 years ago just about that Kuwait revalued their currency...
2-24-2020 Intel Guru Frank26 ...it is a specific percentage of Parliament that is in attendance at that moment that creates a quorum...a percentage of that attendance is what determines a vote...332 would make a full quorum of Parliament but no body shows up like that all at once.
2-24-2020 Intel Guru MarkZ [via PDK] We are close…painfully close…I hate to whip anyone up with false hope but it really looks very good today. No rate change yet in Iraq…I spoke with my contractor contact and they are feeling very good though…At this point they believe as soon as new government is settled…they will see the new rate. A vote of confidence is scheduled for new Gov…I believe on Wed. We should sit back and watch the news happen today…..So much is coming together…
2-24-2020 Newshound Guru chattels Article quote: "The deficit is very large and can be overcome only through three axes. Either reduce operating expenses to a very large degree, especially the item of allocations and benefits, or resort to taxes. This is also a very big burden on the Iraqi people, or external borrowing, and this also bears the weight of future generations. ". No mention of deleting the zeroes or " RV " as a solution/remedy. Frankly, I would not expect any news or advance notice of such an impactful economic event(s).
2-24-2020 Intel Guru Frank26 ...It looks like Iraq is very serious about being a world power. They're using 'vehicles' to bring money in and out of Iraq in large amounts IMO from many other countries...they're jockeying for position. The race is about to start. This will cause the economy of Iraq to explode. This is huge...Gold was the first to move to the CBI IMO from many parts of the world last month and now we're seeing IMO large amounts of money that has a safe manner in which to enter and exit Iraq...Iraq is playing with the big boys they just got to announce it now...
2-24-2020 Newshound Guru Vital Brad ...Allawi's government is potentially gonna be done by Monday. We've heard a lot in this Iraq investment that the Iraq government needs to be set before they can reinstate or some people call it revalue their currency. So with that happening Monday does that mean that an RV is gonna happen soon after? This whole thing is in God's hands...I could have really really used this back in like 2012. It was a turning point in my life. It didn't happen and in hindsight it's a really good thing it didn't happen. I would have blown it like a lottery winner...I've grown a ton. I'm now gonna be a much better steward as I'm sure a lot of us are as opposed to having it happen back than...2020 maybe it's our year...
2-24-2020 Newshound Guru Vital Brad It appears like Iraq might do exactly what Kuwait did. In 1991 they revalued their currency after their war on...March 24th 1991. If Iraq is gonna do this they're following in the footsteps of Kuwait IMO...They [Iraq] still owe Kuwait some money but they've already told us that to pay Kuwait that's gonna be in the 2020 budget. There are certain things in the 2020 budget that appear need to happen - that can't happen until there's a new rate. It looks like in Iraq everything right now is on standby until the reinstatement...come Monday they get their government set and then guys we're coming up on March. This was the same time 30 years ago just about that Kuwait revalued their currency...
2-24-2020 Intel Guru Frank26 ...it is a specific percentage of Parliament that is in attendance at that moment that creates a quorum...a percentage of that attendance is what determines a vote...332 would make a full quorum of Parliament but no body shows up like that all at once.
2-24-2020 Intel Guru MarkZ [via PDK] We are close…painfully close…I hate to whip anyone up with false hope but it really looks very good today. No rate change yet in Iraq…I spoke with my contractor contact and they are feeling very good though…At this point they believe as soon as new government is settled…they will see the new rate. A vote of confidence is scheduled for new Gov…I believe on Wed. We should sit back and watch the news happen today…..So much is coming together…
2-24-2020 Newshound Guru chattels Article quote: "The deficit is very large and can be overcome only through three axes. Either reduce operating expenses to a very large degree, especially the item of allocations and benefits, or resort to taxes. This is also a very big burden on the Iraqi people, or external borrowing, and this also bears the weight of future generations. ". No mention of deleting the zeroes or " RV " as a solution/remedy. Frankly, I would not expect any news or advance notice of such an impactful economic event(s).
2-24-2020 Intel Guru Frank26 ...It looks like Iraq is very serious about being a world power. They're using 'vehicles' to bring money in and out of Iraq in large amounts IMO from many other countries...they're jockeying for position. The race is about to start. This will cause the economy of Iraq to explode. This is huge...Gold was the first to move to the CBI IMO from many parts of the world last month and now we're seeing IMO large amounts of money that has a safe manner in which to enter and exit Iraq...Iraq is playing with the big boys they just got to announce it now...
2-24-2020 Newshound Guru Vital Brad ...Allawi's government is potentially gonna be done by Monday. We've heard a lot in this Iraq investment that the Iraq government needs to be set before they can reinstate or some people call it revalue their currency. So with that happening Monday does that mean that an RV is gonna happen soon after? This whole thing is in God's hands...I could have really really used this back in like 2012. It was a turning point in my life. It didn't happen and in hindsight it's a really good thing it didn't happen. I would have blown it like a lottery winner...I've grown a ton. I'm now gonna be a much better steward as I'm sure a lot of us are as opposed to having it happen back than...2020 maybe it's our year...
2-23-2020 Newshound Guru Kaperoni I am very optimistic with this investment I just don't buy into the overnight RV/RI...Not how currencies work not how monetary policy works.
2-23-2020 Intel Guru Delta URGENT FROM IRAQI TV: Postpones the confidence-giving session for Allawi's government from tomorrow to next Wednesday...
2-23-2020 Intel Guru Footforward I suspect Allawi will have a government seated with very little drama and he will get more done in 30 days then anyone else has done in the last 15 years in Iraq.
2-23-2020 Newshound Guru Kaperoni ...You cannot arbitrarily raise the value of a currency to whatever you think it was before or should be. A currency's value is set by market forces. Even if you were going to raise the value substantially in Iraq they would LOP first deleting the zeros off the currency so it would be a minimal gain of 1X or 2X times your investment. No chance of a significant revaluation with so much currency in circulation... 42+ trillion currency in circulation is more than two and a half times the entire country's net worth. The only way to raise the value is gradually so that the currency in circulation can also be reduced. But it has been well documented that Iraq's intent is to create a market economy private sector and encourage significant investment into the country. Doing so would allow the currency to appreciate (float) as a result of significant inflationary pressure created by investment
And since that appears to be the plan there is no chance of a significant overnight RV/RI it's going to take time meaning months or years for the currency to go up in value.
2-23-2020 Newshound/Intel Guru David M. Witty Iraqi source says political blocs are placing stipulations on new PM designee Mohammed Allawi for formation of government: 1) foreign forces must leave, 2) US access restricted, 3) ministry positions for political blocs, 4) displaced persons returned. Iraqi Parliament to vote on giving confidence to PM nominee Mohammed Allawi on Wednesday.
2-23-2020 Newshound Guru chattels Article: "Parliament’s session to give confidence to Allawi’s government will be held next Wednesday" Monday's emergency session for the presentation of Allawi's government is not [now?] rumored to be Wednesday.
2-23-2020 Intel Guru Delta URGENT FROM IRAQI TV: Postpones the confidence-giving session for Allawi's government from tomorrow to next Wednesday...
2-23-2020 Intel Guru Footforward I suspect Allawi will have a government seated with very little drama and he will get more done in 30 days then anyone else has done in the last 15 years in Iraq.
2-23-2020 Newshound Guru Kaperoni ...You cannot arbitrarily raise the value of a currency to whatever you think it was before or should be. A currency's value is set by market forces. Even if you were going to raise the value substantially in Iraq they would LOP first deleting the zeros off the currency so it would be a minimal gain of 1X or 2X times your investment. No chance of a significant revaluation with so much currency in circulation... 42+ trillion currency in circulation is more than two and a half times the entire country's net worth. The only way to raise the value is gradually so that the currency in circulation can also be reduced. But it has been well documented that Iraq's intent is to create a market economy private sector and encourage significant investment into the country. Doing so would allow the currency to appreciate (float) as a result of significant inflationary pressure created by investment
And since that appears to be the plan there is no chance of a significant overnight RV/RI it's going to take time meaning months or years for the currency to go up in value.
2-23-2020 Newshound/Intel Guru David M. Witty Iraqi source says political blocs are placing stipulations on new PM designee Mohammed Allawi for formation of government: 1) foreign forces must leave, 2) US access restricted, 3) ministry positions for political blocs, 4) displaced persons returned. Iraqi Parliament to vote on giving confidence to PM nominee Mohammed Allawi on Wednesday.
2-23-2020 Newshound Guru chattels Article: "Parliament’s session to give confidence to Allawi’s government will be held next Wednesday" Monday's emergency session for the presentation of Allawi's government is not [now?] rumored to be Wednesday.
2-22-2020 Newshound Guru Jeff ...What this is is a reinstatement. The phrase "RV", that phrase "revaluation", all that was fabricated from this investment. That phrase never existed. "Rate change" existed but not "revaluation". This is a reinstatement. That means they have to bring back a former rate. I've studied the value of Iraq's rate through the last 100 years. The low side was about $2.80 and the high side was about $4.20. The point is they've never had a $1.00 rate to reinstate... Iraq 's currency devalued at $3.22 in about 2004...
2-22-2020 Newshound Guru Kaperoni ...nothing has happened politically in the last few months as of yet the new prime minister hasn't even been sworn in and his cabinet has not been voted on. In fact it has been scheduled for Monday but there are rumors that they won't even vote Monday, that many are now making a decision to not endorse the new prime minister and his cabinet. New protests are even anticipated.
2-22-2020 Intel Guru Frank26 ...this coming Monday...if we have a cabinet seated well then... 30 days later (which I think would be less) I really think that a new rate will be presented to the Prime Minister and his cabinet.
2-22-2020 Newshound Guru Pimpy ...we know Dr. Shabibi had a problem with the IMF's monetary policies because he felt like it was hurting Iraq. The policies causing the inflation to go low but it was not allowing for a lot of growth in Iraq economically. So he was not a fan of that. He's the one who suggested that we have a sweet spot. And there's a sweet spot of about $1.34. $1.34 is just high enough that inflation would stay low. It's also just low enough that outside investors would still feel tempted to come in and invest in the country. That's what we want to see...
2-22-2020 Newshound Guru Jeff ...Everything is pointing and circling around the rate change including the approval process of their 2020 budget. Facts are confirming the last step we're waiting on is the rate change. Everything in Iraq has been put on standby including the approval process of the but budget. It's all waiting on the rate change...Iraq is literally walking in Kuwait's footsteps time frame wise. Kuwait changed their rate on March 24th of 1991...
2-22-2020 Newshound Guru Chattels Article: "The Presidency of the Council of Representatives confirmed that an extraordinary session will be held next Monday to vote on the booth of Prime Minister-designate Muhammad Tawfiq Allawi." Quote: "The House of Representatives is obliged to hold an extraordinary session next Monday to give confidence to the next government, according to the invitation of the resigned Prime Minister, Adel Abdul-Mahdi,"
2-22-2020 Intel Guru Footforward Article: "IBBC Spring Conference 2020 ‘Iraq – Open for Business’ " Says right at the top of the article they are open for business. If they aren't international that's a false and misleading statement Open for business?! This tells me Iraq MUST be having an RV! You can't be open for business if you aren't international and you can't be international without an RV! I can't fathom they put this out there and then the RV drags on for two more years.
2-22-2020 Newshound Guru Jeff ...what is Iraq doing? Right now they're telling us they probably believe next Monday they're going to finish and approve the cabinet and/or the full government. That would be the new Prime Minister Allawi's government.
2-22-2020 Intel Guru Bruce [via WiserNow] ...we know that the Iraqi Dinar revalued their currency and we know that it was traded somewhere in the $3.35 range but was trading upward and was over $5.10 ...(Monday)...Now, where is it now? I don’t know- Where’s the Dong? I don’t think it’s lagging too far behind – because the front screen rate on the Dong is supposed to be between 25 – 40 cents below the Dinar on the front screen rate – I think they’re both going to do just fine – they are both going to get where they need to be...I was told by one Treasury source that this could happen at any minute... Everything is pointing toward this could happen at any moment...
2-22-2020 Newshound Guru Kaperoni ...nothing has happened politically in the last few months as of yet the new prime minister hasn't even been sworn in and his cabinet has not been voted on. In fact it has been scheduled for Monday but there are rumors that they won't even vote Monday, that many are now making a decision to not endorse the new prime minister and his cabinet. New protests are even anticipated.
2-22-2020 Intel Guru Frank26 ...this coming Monday...if we have a cabinet seated well then... 30 days later (which I think would be less) I really think that a new rate will be presented to the Prime Minister and his cabinet.
2-22-2020 Newshound Guru Pimpy ...we know Dr. Shabibi had a problem with the IMF's monetary policies because he felt like it was hurting Iraq. The policies causing the inflation to go low but it was not allowing for a lot of growth in Iraq economically. So he was not a fan of that. He's the one who suggested that we have a sweet spot. And there's a sweet spot of about $1.34. $1.34 is just high enough that inflation would stay low. It's also just low enough that outside investors would still feel tempted to come in and invest in the country. That's what we want to see...
2-22-2020 Newshound Guru Jeff ...Everything is pointing and circling around the rate change including the approval process of their 2020 budget. Facts are confirming the last step we're waiting on is the rate change. Everything in Iraq has been put on standby including the approval process of the but budget. It's all waiting on the rate change...Iraq is literally walking in Kuwait's footsteps time frame wise. Kuwait changed their rate on March 24th of 1991...
2-22-2020 Newshound Guru Chattels Article: "The Presidency of the Council of Representatives confirmed that an extraordinary session will be held next Monday to vote on the booth of Prime Minister-designate Muhammad Tawfiq Allawi." Quote: "The House of Representatives is obliged to hold an extraordinary session next Monday to give confidence to the next government, according to the invitation of the resigned Prime Minister, Adel Abdul-Mahdi,"
2-22-2020 Intel Guru Footforward Article: "IBBC Spring Conference 2020 ‘Iraq – Open for Business’ " Says right at the top of the article they are open for business. If they aren't international that's a false and misleading statement Open for business?! This tells me Iraq MUST be having an RV! You can't be open for business if you aren't international and you can't be international without an RV! I can't fathom they put this out there and then the RV drags on for two more years.
2-22-2020 Newshound Guru Jeff ...what is Iraq doing? Right now they're telling us they probably believe next Monday they're going to finish and approve the cabinet and/or the full government. That would be the new Prime Minister Allawi's government.
2-22-2020 Intel Guru Bruce [via WiserNow] ...we know that the Iraqi Dinar revalued their currency and we know that it was traded somewhere in the $3.35 range but was trading upward and was over $5.10 ...(Monday)...Now, where is it now? I don’t know- Where’s the Dong? I don’t think it’s lagging too far behind – because the front screen rate on the Dong is supposed to be between 25 – 40 cents below the Dinar on the front screen rate – I think they’re both going to do just fine – they are both going to get where they need to be...I was told by one Treasury source that this could happen at any minute... Everything is pointing toward this could happen at any moment...
2-21-2020 Newshound Guru MilitiaMan Article: "Al-Rafidain announces the opening of documentary credits for ministries, traders and private sector companies" Quote: "The documentary credit is one of the most secure payment methods in international trade..." ...about the country being ready to go international (or is now already), this supports that opinion quite well. ... this is telling the Global entities that they have the ability to get guaranteed payments and settlements in a manner that is acceptable to both buyer and seller in at an international level. They have this in place through a government agency of Al-Rafidain Bank!! All the pieces of the puzzle are now on the table and apparently in place! Go time..Or What? Imo.
2-21-2020 Newshound Guru Vital Brad ...Allawi is kicking butt...out of the 300 parliament members 220 deputies will vote to pass the Allawi government. Which is a really good sign. Another headline "Allawi's government enjoys great parliamentary and international support." Sounds like it's done - having his government in place...Monday the 24th are gonna have a vote for the government...when we have a government in place I think things are gonna start getting really exciting. So big things to come. Lots to look forward too...
2-21-2020 Intel Gurus MarkZ & Mike Cottrell MarkZ: HSBC and a number of banks even local and Regional are now on the RTP…Real Time Protectionsystem where even international stuff will only take seconds now instead of weeks before you have funds. Mike Cottrell: That technically is the QFS. Coordinating with CIPS and Swift with real time confirmations and deliveries of funds. This is required when we go to the new currency system. MarkZ: To me this is one of the best signs that we are well underway.
2-21-2020 Newshound Guru Kaperoni ...a few state banks are offering documentary credits to businesses in Iraq...This has to do with purchases/imports in US dollars and has nothing to do with the dinar exchange rate...Providing such a service helps the CBI control where dollars are going from the auction by having this banking oversight as well as a service to businesses needing to making foreign purchases.
2-21-2020 Newshound Guru MilitiaMan My view is they are fully disclosing to the world they are finishing the reforms and in very deliberate fashion. Yet they are using the PM cabinet as a smoke screen. By them publishing that the cabinet is completed, yet, they are stalling the vote in parliament, suggests they are staggering the date of the vote time frames in the news for a purpose... They suggested it was for yesterday, then today, now possibly Sunday, Monday and or even Tuesday next... Imo.
2-21-2020 Intel Guru RayRen98 A MEMBER DID REPORT TO ME THAT THEIR BANK CONTACT, WHO HAD BEEN QUIET FOR A LONG WHILE, CALLED THEM INQUIRING ABOUT AN INTEREST TO EXCHANGE... POSSIBLY THIS WEEKEND. THEY WILL KEEP ME UPDATED ON THEIR ACTIVITY.
2-21-2020 Intel Guru MarkZ I am looking for things to happen over the weekend to early next week. Bankers think its going to happen today. A number of sources think today is the day. ...I think this could be an exciting weekend. Almost all my sources are saying today, today, today…news is coming from all directions and it’s all positive. We are also being told Iraq has every intention of seating their Government with nearly all their leaders signing off on it. Things are really coming together quickly for us. I think it could be days…it could be hours…I think we are right on top of this.
2-21-2020 Newshound Guru MilitiaMan Article: "Disclosure...enhances the value of financial institutions locally and internationally" ...They are seriously speaking of value. Well if they are going to get linked with the International Community and even with the NASAQ, the values of these companies will need to be transparent and have real value... The NASDAQ has rules and they need to be followed, just as there are rules for Market Makers and the pricing of the shares. Same would hold true with the Forex, I suspect too. This is a very good sign...
2-21-2020 Intel Guru Frank26 ...IMO the Iraqi dinar is going to be paired with the American dollar. But here's a caveat. I believe it's only at the onset. I believe it's only at the beginning...because that's the way Donald Trump wants it...
2-21-2020 Newshound Guru MilitiaMan Article: "The central bank organizes a lecture in Mosul on financial inclusion" ...the above Mosul training was done days ago...imo... They speak of training at a very high level of internationalism. The CBI Statistics website has the stats on many things that facilitate money movement globally. They have the training parameters in place and or done by now through the managerial levels... Next step is the tellers.. Most likely that is or will be down to the last few hours and or last minutes... imo.
2-21-2020 Newshound Guru Vital Brad ...Allawi is kicking butt...out of the 300 parliament members 220 deputies will vote to pass the Allawi government. Which is a really good sign. Another headline "Allawi's government enjoys great parliamentary and international support." Sounds like it's done - having his government in place...Monday the 24th are gonna have a vote for the government...when we have a government in place I think things are gonna start getting really exciting. So big things to come. Lots to look forward too...
2-21-2020 Intel Gurus MarkZ & Mike Cottrell MarkZ: HSBC and a number of banks even local and Regional are now on the RTP…Real Time Protectionsystem where even international stuff will only take seconds now instead of weeks before you have funds. Mike Cottrell: That technically is the QFS. Coordinating with CIPS and Swift with real time confirmations and deliveries of funds. This is required when we go to the new currency system. MarkZ: To me this is one of the best signs that we are well underway.
2-21-2020 Newshound Guru Kaperoni ...a few state banks are offering documentary credits to businesses in Iraq...This has to do with purchases/imports in US dollars and has nothing to do with the dinar exchange rate...Providing such a service helps the CBI control where dollars are going from the auction by having this banking oversight as well as a service to businesses needing to making foreign purchases.
2-21-2020 Newshound Guru MilitiaMan My view is they are fully disclosing to the world they are finishing the reforms and in very deliberate fashion. Yet they are using the PM cabinet as a smoke screen. By them publishing that the cabinet is completed, yet, they are stalling the vote in parliament, suggests they are staggering the date of the vote time frames in the news for a purpose... They suggested it was for yesterday, then today, now possibly Sunday, Monday and or even Tuesday next... Imo.
2-21-2020 Intel Guru RayRen98 A MEMBER DID REPORT TO ME THAT THEIR BANK CONTACT, WHO HAD BEEN QUIET FOR A LONG WHILE, CALLED THEM INQUIRING ABOUT AN INTEREST TO EXCHANGE... POSSIBLY THIS WEEKEND. THEY WILL KEEP ME UPDATED ON THEIR ACTIVITY.
2-21-2020 Intel Guru MarkZ I am looking for things to happen over the weekend to early next week. Bankers think its going to happen today. A number of sources think today is the day. ...I think this could be an exciting weekend. Almost all my sources are saying today, today, today…news is coming from all directions and it’s all positive. We are also being told Iraq has every intention of seating their Government with nearly all their leaders signing off on it. Things are really coming together quickly for us. I think it could be days…it could be hours…I think we are right on top of this.
2-21-2020 Newshound Guru MilitiaMan Article: "Disclosure...enhances the value of financial institutions locally and internationally" ...They are seriously speaking of value. Well if they are going to get linked with the International Community and even with the NASAQ, the values of these companies will need to be transparent and have real value... The NASDAQ has rules and they need to be followed, just as there are rules for Market Makers and the pricing of the shares. Same would hold true with the Forex, I suspect too. This is a very good sign...
2-21-2020 Intel Guru Frank26 ...IMO the Iraqi dinar is going to be paired with the American dollar. But here's a caveat. I believe it's only at the onset. I believe it's only at the beginning...because that's the way Donald Trump wants it...
2-21-2020 Newshound Guru MilitiaMan Article: "The central bank organizes a lecture in Mosul on financial inclusion" ...the above Mosul training was done days ago...imo... They speak of training at a very high level of internationalism. The CBI Statistics website has the stats on many things that facilitate money movement globally. They have the training parameters in place and or done by now through the managerial levels... Next step is the tellers.. Most likely that is or will be down to the last few hours and or last minutes... imo.
2-20-2020 Intel Guru MarkZ [via PDK] It should have started on Tuesday…They had people positioned for a Tuesday start. I really believed that this was it and we were done…. Was this a misdirection? Did we hit a stall or did they plan it this way to cause confusion…
2-19-2020 Intel Guru Delta Article: "Rafidain Bank announces the opening of documentary credits to ministries, traders and private sector companies"
VERY HUGE ARTICLE...THEY ARE READY TO DO BUSINESS NOW...
2-20-2020 Newshound Guru MilitiaMan From Guru Frank26: "Regular meetings now between CBI Board, IMF, AMF and UST." For them to be having meetings with those four should assure us that this is coming together so very well and orchestrated to be in synchronization with the new PM and his fresh independent cabinet even with the ISX to down to bank tellers. The four Global Enities would be the ones to give the guidance to the CBs, Private Banks and then down to the bank managers, as they will need to know what to teach the tellers. They'll need to know what to tell the citizens about the value and the longevity of the coexistence of the varied currencies they will hold for what ever period of time they decide. That is effectively end game for us when that happens. imo.
2-20-2020 Intel Guru MarkZ [via PKD] We don’t have a change of rate in Iraq yet. [Will it be a shotgun start?] I believe it will be a shotgun start…so no double dipping for anyone.
2-20-2020 Intel Guru Footforward [What are your thoughts...on what will happen next after he [Allawi] seats his Cabinet and it gets approved...] They will immediately get to work on the budget. This isn't holding up the RV. But it certainly doesn't hurt things one bit.
2-20-2020 Intel Guru MarkZ [via PDK] HSBC is announcing that their RTP-Real time Payment system has launched. A couple other banks have done the same. This is huge…. This is the QFS system…. This is the new blockchain system…. This is where they can do real-time transaction from all over the world in seconds. This process used to take 10 days. So this is enormous news. To me this is a big piece letting us know our banking system is online. This means we are no longer on the Swift system as we know it. This is really big news.
2-20-2020 Newshound Guru Adam Montana Article: "Newspaper: Allawi chose 3 characters for each ministry and placed the ball in the parliament stadium" Quote: "Allawi chose 57 characters, 3 persons for each ministry, which means that he put the ball in the parliament’s court by not requiring one person for each ministry because if he rejects it, this may affect the entire government formation." The only concerns I had with Allawi have been covered - I felt like if he was going to be ousted or “convinced” to resign, it was going to happen quickly. Like, “within the first week” quickly. We are well beyond that, and the “backups for the backups” says they are getting things donnnneee! “You don’t like that choice? FINE, here’s another one. And another!
2-20-2020 Newshound/Intel Guru Mnt Goat Article: "DEPUTY: 90% OF THE CURRENT REPRESENTATIVES WILL NOT RETURN TO THEIR SEATS IN THE UPCOMING ELECTIONS" Quote: "DURING ITS SESSION, ON DECEMBER 24, 2019, THE HOUSE OF REPRESENTATIVES VOTED ON THE ELECTION LAW LEGISLATION" So here it is in black and white. The Iraqi election law was already voted on and passed in parliament. ...So why is the news media telling us they still need to do this? This again is a FAKE spin on the news. They want to confuse and stall everything indefinitely. The real reason why they can’t yet implement it is they need candidates for the early elections and also they will need a way to prosecute the corrupt that will be taken out of the government. Already Iraq has hired consultants to come into Iraq to help clarify the procedure to run this new type of “open” election process. They are working out the details and will be successful.
2-20-2020 Newshound Guru MilitiaMan Article: "Deputy: Karbala’s 2020 budget is devoid of new project" [How can there be an RI when there is such a large deficit and no new projects?] I think they are about to change things, as this suggests they have the 2019 budget which, imo would reflect the FML amendment that will facilitate the new rate we expect to precede the 2020... Thus, they seem to know already that there is a big change coming...imo ! This is a good one!! ~ imo.
2-19-2020 Intel Guru Delta Article: "Rafidain Bank announces the opening of documentary credits to ministries, traders and private sector companies"
VERY HUGE ARTICLE...THEY ARE READY TO DO BUSINESS NOW...
2-20-2020 Newshound Guru MilitiaMan From Guru Frank26: "Regular meetings now between CBI Board, IMF, AMF and UST." For them to be having meetings with those four should assure us that this is coming together so very well and orchestrated to be in synchronization with the new PM and his fresh independent cabinet even with the ISX to down to bank tellers. The four Global Enities would be the ones to give the guidance to the CBs, Private Banks and then down to the bank managers, as they will need to know what to teach the tellers. They'll need to know what to tell the citizens about the value and the longevity of the coexistence of the varied currencies they will hold for what ever period of time they decide. That is effectively end game for us when that happens. imo.
2-20-2020 Intel Guru MarkZ [via PKD] We don’t have a change of rate in Iraq yet. [Will it be a shotgun start?] I believe it will be a shotgun start…so no double dipping for anyone.
2-20-2020 Intel Guru Footforward [What are your thoughts...on what will happen next after he [Allawi] seats his Cabinet and it gets approved...] They will immediately get to work on the budget. This isn't holding up the RV. But it certainly doesn't hurt things one bit.
2-20-2020 Intel Guru MarkZ [via PDK] HSBC is announcing that their RTP-Real time Payment system has launched. A couple other banks have done the same. This is huge…. This is the QFS system…. This is the new blockchain system…. This is where they can do real-time transaction from all over the world in seconds. This process used to take 10 days. So this is enormous news. To me this is a big piece letting us know our banking system is online. This means we are no longer on the Swift system as we know it. This is really big news.
2-20-2020 Newshound Guru Adam Montana Article: "Newspaper: Allawi chose 3 characters for each ministry and placed the ball in the parliament stadium" Quote: "Allawi chose 57 characters, 3 persons for each ministry, which means that he put the ball in the parliament’s court by not requiring one person for each ministry because if he rejects it, this may affect the entire government formation." The only concerns I had with Allawi have been covered - I felt like if he was going to be ousted or “convinced” to resign, it was going to happen quickly. Like, “within the first week” quickly. We are well beyond that, and the “backups for the backups” says they are getting things donnnneee! “You don’t like that choice? FINE, here’s another one. And another!
2-20-2020 Newshound/Intel Guru Mnt Goat Article: "DEPUTY: 90% OF THE CURRENT REPRESENTATIVES WILL NOT RETURN TO THEIR SEATS IN THE UPCOMING ELECTIONS" Quote: "DURING ITS SESSION, ON DECEMBER 24, 2019, THE HOUSE OF REPRESENTATIVES VOTED ON THE ELECTION LAW LEGISLATION" So here it is in black and white. The Iraqi election law was already voted on and passed in parliament. ...So why is the news media telling us they still need to do this? This again is a FAKE spin on the news. They want to confuse and stall everything indefinitely. The real reason why they can’t yet implement it is they need candidates for the early elections and also they will need a way to prosecute the corrupt that will be taken out of the government. Already Iraq has hired consultants to come into Iraq to help clarify the procedure to run this new type of “open” election process. They are working out the details and will be successful.
2-20-2020 Newshound Guru MilitiaMan Article: "Deputy: Karbala’s 2020 budget is devoid of new project" [How can there be an RI when there is such a large deficit and no new projects?] I think they are about to change things, as this suggests they have the 2019 budget which, imo would reflect the FML amendment that will facilitate the new rate we expect to precede the 2020... Thus, they seem to know already that there is a big change coming...imo ! This is a good one!! ~ imo.
2-19-2020 Intel Guru Bruce ...Now, what about clean up on isle 3? ...there is a lot happening – even today - through the end of the month and into next month – there’s a lot of clean up to do...Has enough occurred to where we are prepared to see the green light go into effect for us? That we do not know – When it gets as quiet as it’s been today...we have to look at that as a good sign – it either means more people are under gag orders - or NDA – and we are just waiting for that to happen but we just can’t tell – what is going on behind the scenes...There’s a lot of questions that we just don’t have the really, really good answers for... I am frustrated because I know that we are very close... [post 2 of 2]
2-19-2020 Intel Guru Bruce [via WiserNow] ...we’ve been informed by people that speak directly to Iraq and to some Iraqi’s that yes they did revalue their currency on Sunday...and there should be a new rate showing – but I don’t know if we can see it yet – on the Central Bank of Iraq website ...Now, that goes under the question mark column right now until we get absolute proof that it occurred – I believe it has - by what I’ve been told...we know the forex updates in the morning – tomorrow [Wednesday]...we are looking for new rates to show on all the currencies that we’re talking about - We believe the front screen bank rates will reflect the forex rates - the back screen rates are another issue entirely...We know the redemption centers were prepared today – and will be tomorrow [Wednesday]... [post 1 of 2....stay tuned]
2-19-2020 Newshound Guru Adam Montana ...You may have noticed a lack of chatter about "protesters" over the last week or two...that's just one of the topics that has quietly just left the news. Of course we don't see anyone making a big deal out of positive news, because that's not the kind of stuff that sells newspapers. But it IS the kind of thing we want to see, because it's what is going to lead us to a higher value on the Dinar. Allawi is building a foundation, the pieces are falling into place, and I have nothing negative to report.
2-19-2020 Newshound/Intel Guru Mnt Goat Article: "WORLD BANK INFORMS IRAQ THAT ITS FINANCIAL SITUATION IS IN DANGER, ESPECIALLY WITH REGARD TO SALARIES OF STATE EMPLOYEES" Like I said before, if Iraq missing this opportunity this time there will be no other opportunities. The trend is to move away from oil based economies and wealth is short-lived. They should have already rebuilt their country ten times better than it was before. But instead they pissed the money away to Iran to support terrorism. This only made things worst off in Iraq and in the middle east in general. Now they have to do these reforms or else! One of these reforms is the project to delete the zeros which leads to the reinstatement thus our RV.
2-19-2020 Newshound Guru Pimpy ...when Trump was at Davos the chairman of the World Trade Organization told everyone that he was working with the Trump Administration and they were gonna be implementing new policies when it comes to currency manipulation. This is good. We want this especially if you're holding Vietnam dong. Where it goes to nobody knows...The Iraq dinar is in a whole different situation...this new rule is getting ready to come in effect. I believe it is in March...I think we're gonna see some currencies change here shortly. How much I don't know. Will it happen before the rules are implemented? I don't know. We're gonna find out...
2-19-2020 Intel Guru Frank26 ...Shabibi was not hired by the CBI and he has not been there. He has been no where near the CBI for the past 5 years. Maliki tried to kill him and ever since then we've [The U.S.] been trying to protect him...he was hired to maintain the exchange rate of the British pound and he's still there doing it. He was hired in the early spring of '19...
2-19-2020 Intel Guru MarkZ ...I spoke with my contacts and No new rate in Iraq…yet…I am calling bunk to the rumors they got a new rate last weekend of $3.46. At least they are not seeing anything at the street level. [Are we waiting for Trump to release the RV?] I am of the...mindset...that he has signed off...I don’t think we are waiting on Trump to do anything at this point. ...There was a flurry of activity last night…Everybody is at the edge of their seats...All jittery this morning waiting to see if today it just “pops out”...
2-19-2020 Newshound Guru MilitiaMan Article: "Deputy: Karbala’s 2020 budget is devoid of new projects" They have told us in recent past that they finished the 2019 Financial Management Law with an Amendment to it, that is to facilitate the 2020 budget. Sounds to me like this is suggesting they have what we are waiting on and that is the rate to which they will use to fund the projects... I suspect that they can't keep this tiger held back much longer. I also suspect leaks will emerge!! imo.
2-19-2020 Intel Guru Frank26 ...we as a team feel that the cabinet is what is about to be presented to the citizens of Iraq. Then we feel a rate because Kurdistan is happy with the mathematics of the budget for article 140. That is the key telling us the rate is approved and ready to come out. Then the third thing would be a budget. Cabinet. Rate. Budget. Or give us the cabinet and then give us the rate and budget together. That is the sequence we are studying right now...
2-19-2020 Newshound/Intel Guru Mnt Goat So...last Wednesday Feb 12th, we read that quote - “Muhammad Allawi succeeds in completing his cabinet, away from the interference of the blocs and their pressures”...Did this really occur? ...We know for a fact that if Allawi really has the overwhelming support for his new government, as he claims, then he would have already presented the candidates and a vote would have been conducted in a “extra-ordinary” session as they claim they were going to do on Sunday Feb 16th...but now we hear that parliament went on recess and so they can’t even vote until Thursday. ...So where does this issue of getting Allwai and the new government ratified in parliament really stand? ...They are still fighting with the blocks who want the quota system and the corrupt people put in these positions. So recently there was a meeting and they discussed 6 points of contention with leaving the Us military in place in Iraq. This meeting went well. The US is still going to remain in Iraq and have a strong presence. So the US is going to back Allawi and his new government. Now that this is taken care of we will see the progression on Allwai and his new government move ahead quickly.
2-19-2020 Intel Guru Bruce [via WiserNow] ...we’ve been informed by people that speak directly to Iraq and to some Iraqi’s that yes they did revalue their currency on Sunday...and there should be a new rate showing – but I don’t know if we can see it yet – on the Central Bank of Iraq website ...Now, that goes under the question mark column right now until we get absolute proof that it occurred – I believe it has - by what I’ve been told...we know the forex updates in the morning – tomorrow [Wednesday]...we are looking for new rates to show on all the currencies that we’re talking about - We believe the front screen bank rates will reflect the forex rates - the back screen rates are another issue entirely...We know the redemption centers were prepared today – and will be tomorrow [Wednesday]... [post 1 of 2....stay tuned]
2-19-2020 Newshound Guru Adam Montana ...You may have noticed a lack of chatter about "protesters" over the last week or two...that's just one of the topics that has quietly just left the news. Of course we don't see anyone making a big deal out of positive news, because that's not the kind of stuff that sells newspapers. But it IS the kind of thing we want to see, because it's what is going to lead us to a higher value on the Dinar. Allawi is building a foundation, the pieces are falling into place, and I have nothing negative to report.
2-19-2020 Newshound/Intel Guru Mnt Goat Article: "WORLD BANK INFORMS IRAQ THAT ITS FINANCIAL SITUATION IS IN DANGER, ESPECIALLY WITH REGARD TO SALARIES OF STATE EMPLOYEES" Like I said before, if Iraq missing this opportunity this time there will be no other opportunities. The trend is to move away from oil based economies and wealth is short-lived. They should have already rebuilt their country ten times better than it was before. But instead they pissed the money away to Iran to support terrorism. This only made things worst off in Iraq and in the middle east in general. Now they have to do these reforms or else! One of these reforms is the project to delete the zeros which leads to the reinstatement thus our RV.
2-19-2020 Newshound Guru Pimpy ...when Trump was at Davos the chairman of the World Trade Organization told everyone that he was working with the Trump Administration and they were gonna be implementing new policies when it comes to currency manipulation. This is good. We want this especially if you're holding Vietnam dong. Where it goes to nobody knows...The Iraq dinar is in a whole different situation...this new rule is getting ready to come in effect. I believe it is in March...I think we're gonna see some currencies change here shortly. How much I don't know. Will it happen before the rules are implemented? I don't know. We're gonna find out...
2-19-2020 Intel Guru Frank26 ...Shabibi was not hired by the CBI and he has not been there. He has been no where near the CBI for the past 5 years. Maliki tried to kill him and ever since then we've [The U.S.] been trying to protect him...he was hired to maintain the exchange rate of the British pound and he's still there doing it. He was hired in the early spring of '19...
2-19-2020 Intel Guru MarkZ ...I spoke with my contacts and No new rate in Iraq…yet…I am calling bunk to the rumors they got a new rate last weekend of $3.46. At least they are not seeing anything at the street level. [Are we waiting for Trump to release the RV?] I am of the...mindset...that he has signed off...I don’t think we are waiting on Trump to do anything at this point. ...There was a flurry of activity last night…Everybody is at the edge of their seats...All jittery this morning waiting to see if today it just “pops out”...
2-19-2020 Newshound Guru MilitiaMan Article: "Deputy: Karbala’s 2020 budget is devoid of new projects" They have told us in recent past that they finished the 2019 Financial Management Law with an Amendment to it, that is to facilitate the 2020 budget. Sounds to me like this is suggesting they have what we are waiting on and that is the rate to which they will use to fund the projects... I suspect that they can't keep this tiger held back much longer. I also suspect leaks will emerge!! imo.
2-19-2020 Intel Guru Frank26 ...we as a team feel that the cabinet is what is about to be presented to the citizens of Iraq. Then we feel a rate because Kurdistan is happy with the mathematics of the budget for article 140. That is the key telling us the rate is approved and ready to come out. Then the third thing would be a budget. Cabinet. Rate. Budget. Or give us the cabinet and then give us the rate and budget together. That is the sequence we are studying right now...
2-19-2020 Newshound/Intel Guru Mnt Goat So...last Wednesday Feb 12th, we read that quote - “Muhammad Allawi succeeds in completing his cabinet, away from the interference of the blocs and their pressures”...Did this really occur? ...We know for a fact that if Allawi really has the overwhelming support for his new government, as he claims, then he would have already presented the candidates and a vote would have been conducted in a “extra-ordinary” session as they claim they were going to do on Sunday Feb 16th...but now we hear that parliament went on recess and so they can’t even vote until Thursday. ...So where does this issue of getting Allwai and the new government ratified in parliament really stand? ...They are still fighting with the blocks who want the quota system and the corrupt people put in these positions. So recently there was a meeting and they discussed 6 points of contention with leaving the Us military in place in Iraq. This meeting went well. The US is still going to remain in Iraq and have a strong presence. So the US is going to back Allawi and his new government. Now that this is taken care of we will see the progression on Allwai and his new government move ahead quickly.
2-18-2020 Intel Guru Frank26 This Allawi guy. This prime minister IMO is learning about the currency reform because he is attending the CBI meetings I suggest are happening. I believe the speed of what they are learning is accelerated at a very fast pace and the reason why is because Donald Trump is asking for this...I believe there has been a date that has been given by what I call the Fab 4 to the CBI and I believe in my strong opinion that the CBI has committed to said date. If there is a date that means there is a target that means we are not guessing anymore are we...To me, IMO, this is nonnegotiable. It is a set date...the prime minister of Iraq IMO has the authority to sit his cabinet and to work with the United Nations and to work with NATO for only one reason - the reinstatement of the Iraqi dinar because that's what's going to give you the economic reforms...
2-18-2020 Intel Guru Delta ...In my personal opinion only - February is looking very very solid and I think we are going to move very very fast. As soon as they pass the government or around the same timing we should IMO see the Central Bank of Iraq change the rate. They are way behind schedule. They are overdue with all of that. The CBI I don't know if they can wait that much longer. So I'm giving them...to the end of this month. Two weeks the CBI should show us a rate.
2-18-2020 Newshound Guru Jeff ...it's very quiet in Iraq right now. The only things they've been talking about since the beginning of January was obviously finish forming the government and implementing the demonstrators demands...the demonstrators demands those are post rate change. Those come after the rate change. The actual roadmap that I've laid out...since last year is unfolding right before your eyes. It's exactly how I laid it out. It's been very quiet. Iraq is not talking about a lot of new things. Iraq is boxed in a corner they can't implement the demonstrators demands or reforms...we are looking amazing...
2-18-2020 Newshound Guru Vital Brad ...Prime Minister Allawi has been busting his butt the last couple of weeks to form his cabinet. Honestly it seems a little to me like Groundhog's Day because...it seems like we're always waiting on the prime minister to form his government...but Allawi is making a lot of progress. Allawi is really moving things forward...Today Monday he needed to submit the names for his cabinet. So he submitted 19 names and he mentioned three of the cabinet positions he doesn't have names for yet...this is because of some Kurdistan objection...but they are saying that the different blocks are agreeing on his picks...IMO if Allawi does it in his first go...I still have the opinion that a good time frame for this revaluation to happen is right around the second quarter. So April...if they bust their butt like Allawi is I could see things happening...
2-18-2020 Intel Guru Frank26 ...new prime minister = reinstatement IMO. A new prime minister means in my opinion the reinstatement will be fast. Fast! Not like the things we've been dealing with in the past years. I believe the cabinet formation is already there. I believe the Prime Minister is already there. I believe the Kurds are excited about doing business with Iraq and the HCL is already there. I believe article 140 is ready. I believe they are 1 to 1 electronically behind closed door because they do everything internationally...I believe things are happening at a very very volatile pace...MTA [Allawi] wants an overwhelming majority vote so there's no questions asked. So there's no problem whatsoever.
2-18-2020 Intel Guru MarkZ The news coming in is so great…When so much good news comes in from all sources it’s a bit scary…I’m tentatively excited but consider all as rumor until we have money in the bank. Bankers are excited and they just tell me what they are being told. I keep hearing from the banking side that tonight is the actual release…but there is stuff happening behind the scenes. My last conversation in Iraq was Saturday Night. Rumors they have a new rate from others but I cannot prove or disprove it...I also hear it [the dinar] may be around $3.45 to $3.50 now...The dong I still hear the street rate will start at .47 and float up…We know we are close…
2-18-2020 Newshound/Intel Guru Mnt Goat First, I want to clarify what we might hear in the news and how they represent it. When they say “Allawi’s new government” what do they mean? ...They mean the new cabinet selection for the ministries not parliament. Parliament is not being replaced at this time. To replace parliament, they must hold national elections...When they do conduct these elections, this will NOT include selecting yet another prime minister and his cabinet, as many might think. Allawi will stay the full term up to 2022 (2018-2022) ... WE have also confirmed this with the legal in Iraq...
2-18-2020 Intel Guru Delta ...the Central Bank of Iraq posted the updates on their spreadsheets and financial status...46 million dollars just for the month of December worth of lower denominations and that was the equivalent of about 825 billion dinar ...so far right now they've printed 180 million worth of currencies. And we all know this isn't just the paper notes that this also includes coins. For them to do that gives you an indication that they're moving forward there's no doubt about that...
2-18-2020 Intel Guru Frank26 ...they have failed twice IMO to bring forward the reinstatement of the Iraqi dinar.
2-18-2020 Intel Guru Delta ...In my personal opinion only - February is looking very very solid and I think we are going to move very very fast. As soon as they pass the government or around the same timing we should IMO see the Central Bank of Iraq change the rate. They are way behind schedule. They are overdue with all of that. The CBI I don't know if they can wait that much longer. So I'm giving them...to the end of this month. Two weeks the CBI should show us a rate.
2-18-2020 Newshound Guru Jeff ...it's very quiet in Iraq right now. The only things they've been talking about since the beginning of January was obviously finish forming the government and implementing the demonstrators demands...the demonstrators demands those are post rate change. Those come after the rate change. The actual roadmap that I've laid out...since last year is unfolding right before your eyes. It's exactly how I laid it out. It's been very quiet. Iraq is not talking about a lot of new things. Iraq is boxed in a corner they can't implement the demonstrators demands or reforms...we are looking amazing...
2-18-2020 Newshound Guru Vital Brad ...Prime Minister Allawi has been busting his butt the last couple of weeks to form his cabinet. Honestly it seems a little to me like Groundhog's Day because...it seems like we're always waiting on the prime minister to form his government...but Allawi is making a lot of progress. Allawi is really moving things forward...Today Monday he needed to submit the names for his cabinet. So he submitted 19 names and he mentioned three of the cabinet positions he doesn't have names for yet...this is because of some Kurdistan objection...but they are saying that the different blocks are agreeing on his picks...IMO if Allawi does it in his first go...I still have the opinion that a good time frame for this revaluation to happen is right around the second quarter. So April...if they bust their butt like Allawi is I could see things happening...
2-18-2020 Intel Guru Frank26 ...new prime minister = reinstatement IMO. A new prime minister means in my opinion the reinstatement will be fast. Fast! Not like the things we've been dealing with in the past years. I believe the cabinet formation is already there. I believe the Prime Minister is already there. I believe the Kurds are excited about doing business with Iraq and the HCL is already there. I believe article 140 is ready. I believe they are 1 to 1 electronically behind closed door because they do everything internationally...I believe things are happening at a very very volatile pace...MTA [Allawi] wants an overwhelming majority vote so there's no questions asked. So there's no problem whatsoever.
2-18-2020 Intel Guru MarkZ The news coming in is so great…When so much good news comes in from all sources it’s a bit scary…I’m tentatively excited but consider all as rumor until we have money in the bank. Bankers are excited and they just tell me what they are being told. I keep hearing from the banking side that tonight is the actual release…but there is stuff happening behind the scenes. My last conversation in Iraq was Saturday Night. Rumors they have a new rate from others but I cannot prove or disprove it...I also hear it [the dinar] may be around $3.45 to $3.50 now...The dong I still hear the street rate will start at .47 and float up…We know we are close…
2-18-2020 Newshound/Intel Guru Mnt Goat First, I want to clarify what we might hear in the news and how they represent it. When they say “Allawi’s new government” what do they mean? ...They mean the new cabinet selection for the ministries not parliament. Parliament is not being replaced at this time. To replace parliament, they must hold national elections...When they do conduct these elections, this will NOT include selecting yet another prime minister and his cabinet, as many might think. Allawi will stay the full term up to 2022 (2018-2022) ... WE have also confirmed this with the legal in Iraq...
2-18-2020 Intel Guru Delta ...the Central Bank of Iraq posted the updates on their spreadsheets and financial status...46 million dollars just for the month of December worth of lower denominations and that was the equivalent of about 825 billion dinar ...so far right now they've printed 180 million worth of currencies. And we all know this isn't just the paper notes that this also includes coins. For them to do that gives you an indication that they're moving forward there's no doubt about that...
2-18-2020 Intel Guru Frank26 ...they have failed twice IMO to bring forward the reinstatement of the Iraqi dinar.
2-17-2020 Intel Guru RayRen98 Iraqi TV news broadcasting Allawi meeting with the blocs about the vote... stating there will be 302 ministers of the 329 that have agreed to vote. This represents approximately 90% of Parliament. Allawi has been pushing to get his cabinet passed by making sure he has the votes secured before presenting it to Parliament. It now appears that the vote will be taken on Tuesday or possibly Thursday.
2-17-2020 Intel/Newshound Guru sandyf Holding on the myth surrounding Kuwait is clutching at straw. The text of the document "The Impact of the Iraqi Invasion on the Kuwaiti Banking and Financial System: Lessons Learned from a Financial Crisis" is encrypted and cannot be copied. On page 3 it states that after the CBK had determined the currency that had been looted, the 3rd issue of the KD was abrogated as legal tender by Amiri decree, in other words it became invalid. A 4th issue was prepared and ready in December 1990. Only those with a legitimate right to be in possession of the 3rd issue were allowed to exchange that for the 4th issue at a value the 3rd issue had before the occupation.
12-17-2020 Newshound Guru Kaperoni There are some signs...that once the new government is in place they will revise the 2020 budget to only cover expenses. If true, that means the public/private partnership to begin reconstruction will be put on hold until next year. Guess we will wait and see.
2-17-2020 Intel Guru MarkZ No new rate in Iraq as of late on Saturday…no update yesterday...I am hearing phenomenal things…I am more than a little hopeful today...
2-17-2020 Intel/Newshound Guru sandyf [Does Iraq have to be in Article 8 status to have an international currency...] ...The question is invalid as there is no set definition for an international currency. The term is based on a vague set of parameters mainly about convertibility and how much is us used in international trade, very few currencies are considered to be international in that respect. Article 8 makes a currency internationally recognized, something completely different. The terms of Article 8 ensure that a country must guarantee redemption of that currency and international banks are reluctant to handle a currency without that guarantee. Article 8 does not prohibit a bank from dealing in an art 14 currency, there are a few in this area and the local banks deal with them. Neither is Art 8 a restriction on a country changing the value of it's currency, I think it was 2014 when the Myanmar currency went from about 6 to the USD to around 900 to the USD. The largest official change in the value of a currency ever seen.
2-17-2020 Intel Guru Frank26 ...I don't like the idea of people going to a mom & pop bank. Or a credit union. These places are not capable of taking care of you. They will take your dinars and send them to a bigger bank for authenticity. You don't want to separate yourself from your dinars. Please ok?...
2-17-2020 Intel Guru RayRen98 ...News sources are saying that 19 of the 22 cabinet names are acceptable. The last 3 are being blocked from the Kurds and Allawi is working on the last 3 issues. Breaking news on Iraqi TV - after all day meetings and deals, the passage of Allawi's cabinet could be in the coming hours. Sunni blocs, at 11:09 PM Baghdad time, confirmed their support for Allawi and he is expected to convene Parliament to take the vote. Time Will Tell...
2-17-2020 Intel/Newshound Guru sandyf Holding on the myth surrounding Kuwait is clutching at straw. The text of the document "The Impact of the Iraqi Invasion on the Kuwaiti Banking and Financial System: Lessons Learned from a Financial Crisis" is encrypted and cannot be copied. On page 3 it states that after the CBK had determined the currency that had been looted, the 3rd issue of the KD was abrogated as legal tender by Amiri decree, in other words it became invalid. A 4th issue was prepared and ready in December 1990. Only those with a legitimate right to be in possession of the 3rd issue were allowed to exchange that for the 4th issue at a value the 3rd issue had before the occupation.
12-17-2020 Newshound Guru Kaperoni There are some signs...that once the new government is in place they will revise the 2020 budget to only cover expenses. If true, that means the public/private partnership to begin reconstruction will be put on hold until next year. Guess we will wait and see.
2-17-2020 Intel Guru MarkZ No new rate in Iraq as of late on Saturday…no update yesterday...I am hearing phenomenal things…I am more than a little hopeful today...
2-17-2020 Intel/Newshound Guru sandyf [Does Iraq have to be in Article 8 status to have an international currency...] ...The question is invalid as there is no set definition for an international currency. The term is based on a vague set of parameters mainly about convertibility and how much is us used in international trade, very few currencies are considered to be international in that respect. Article 8 makes a currency internationally recognized, something completely different. The terms of Article 8 ensure that a country must guarantee redemption of that currency and international banks are reluctant to handle a currency without that guarantee. Article 8 does not prohibit a bank from dealing in an art 14 currency, there are a few in this area and the local banks deal with them. Neither is Art 8 a restriction on a country changing the value of it's currency, I think it was 2014 when the Myanmar currency went from about 6 to the USD to around 900 to the USD. The largest official change in the value of a currency ever seen.
2-17-2020 Intel Guru Frank26 ...I don't like the idea of people going to a mom & pop bank. Or a credit union. These places are not capable of taking care of you. They will take your dinars and send them to a bigger bank for authenticity. You don't want to separate yourself from your dinars. Please ok?...
2-17-2020 Intel Guru RayRen98 ...News sources are saying that 19 of the 22 cabinet names are acceptable. The last 3 are being blocked from the Kurds and Allawi is working on the last 3 issues. Breaking news on Iraqi TV - after all day meetings and deals, the passage of Allawi's cabinet could be in the coming hours. Sunni blocs, at 11:09 PM Baghdad time, confirmed their support for Allawi and he is expected to convene Parliament to take the vote. Time Will Tell...
2-16-2020 Newshound Guru MilitiaMan "Al-Nassiri: Government support to the private sector is the savior for achieving economic reform" Quote: "Al-Nussairi added that there is a need to secure the governmental program for the interim or ordinary government with a clear vision of the role of the private sector for the new stage and to involve non-governmental experts and specialists in the implementation of the desired comprehensive economic, financial and banking reform program” The new stage and it implementation for comprehensive economic, financial and banking reforms... Today we saw them talking to the people about how to check authenticity of USD currency and the Dinar with coins considered! The new stage! Coins beget value!! One doesn’t counterfeit coins at a program rate...They don’t warn about counterfeiting coins for just no random reason. They warn about knowing other countries currency and that legal obligations are coming soon to the local currency. These things in the news earlier today suggest more reasoning they are about to get plenty of USD coming into banks and will need new local currency. A obligation for the locals will to cease using USD and will have to accept only local currency. Hence again, coins with value begets a warning to not counterfeit and to check your currency for authenticity before bringing it in!! Imo
2-16-2020 Newshound Guru Kathy Article: "Strategic advisor: Iran will not support the removal of US forces from Iraq .. “will lose the dollar" I don't really know if the US has any control over the RV or not, as [Guru] Randy and a few others think, but if they do, then this would seem to be a good reason to RV! Make their currency more valuable than the US currency and stop the auctions! Just a thought!
2-16-2020 Newshound Guru Whitelions [WHITELIONS...in your opinion...Does Iraq have to be in Article 8 status to have an international currency?"] ...no they do not have to be in 8 to go international...it will restrict what they can do but not the raise in value.
2-16-2020 Intel Guru Delta Article: "Exclusively For "Al-Ahed News" .. Allawi Has Completed The Government Formation And Will Announce It Within 72 Hours" Quote: "Prime Minister-designate Muhammad Allawi has completed the formation of his cabinet, and will be announced officially within 72 hours, no later than Tuesday."
2-16-2020 Intel Guru Frank26 ...we only have two weeks left in the month of February. The key was to have a prime minister. Now the key is for him to receive the budget along with the new rate from the CBI. These are the next steps we should see after this weekend with a full cabinet...
2-16-2020 Newshound Guru Kathy Article: "Strategic advisor: Iran will not support the removal of US forces from Iraq .. “will lose the dollar" I don't really know if the US has any control over the RV or not, as [Guru] Randy and a few others think, but if they do, then this would seem to be a good reason to RV! Make their currency more valuable than the US currency and stop the auctions! Just a thought!
2-16-2020 Newshound Guru Whitelions [WHITELIONS...in your opinion...Does Iraq have to be in Article 8 status to have an international currency?"] ...no they do not have to be in 8 to go international...it will restrict what they can do but not the raise in value.
2-16-2020 Intel Guru Delta Article: "Exclusively For "Al-Ahed News" .. Allawi Has Completed The Government Formation And Will Announce It Within 72 Hours" Quote: "Prime Minister-designate Muhammad Allawi has completed the formation of his cabinet, and will be announced officially within 72 hours, no later than Tuesday."
2-16-2020 Intel Guru Frank26 ...we only have two weeks left in the month of February. The key was to have a prime minister. Now the key is for him to receive the budget along with the new rate from the CBI. These are the next steps we should see after this weekend with a full cabinet...
2-15-2020 Newshound Guru MilitiaMan ...So, whereby, when they cease the Dollar Multi Currency Practice and Article 8 component, it will be illegal to accept payment in USD for goods and illegal to not accept IQD for goods when it is legal tender...there has been talk of the ATMs having been loaded with NSCNs and these above articles suggest that with the current warning having been given out about counterfeiting currency and coins, and obligations to accepting them if legal, suggests that there is an expectation for a rate change to warrant coins. A significant value is needed to be applied for them to worry about counterfeiting coins. We have been told to watch the ATMs. Why? As the banks will have to be prepared for activation of new software. These articles are a huge indicator for me...Articles suggest that the Dollar Auctions are to stop and this would indicate they are and make notice that the CBI has been showing pattern changes of recent imo. [post 2 of 2]
2-15-2020 Newshound Guru MilitiaMan Articles: "The US Treasury publishes a video that includes simple steps to reveal the "fake" dollar"; "Legal protection of the national currency" These two articles are seeming to be placed and timed accordingly...A re enforcement if you will on the act of counterfeiting will not be tolerated. Not only outside countries, but, their own currency and they make reference to the IQD currency and coins. They don't have them yet? Even if they did no one in their right mind would counterfeit coins at a program rate. But, by this article about Iraq, they seem to suggest they will have coins. [post 1 of 2....stay tuned]
2-15-2020 Newshound Guru Kaperoni ...the CBI has described plans for a LOP. To reduce the money supply from trillions to billions. That is what will happen if something happened overnight. If you want to see the dinar appreciate in value it's going to take a long time not because I say so, because that's how monetary policy works, gradually over time. But before that could ever happen they need to create the conditions for a market economy and encourage a substantial amount of foreign investment to come in, thus creating pressure on the financial system. Only then can the CBI appreciate the dinar using its monetary tools and getting off the Peg and moving to a float. That's not me telling you that's the IMF...
2-15-2020 Newshound/Intel Guru RVAlready Allawi told everyone in advance his government would be independent - that it would not represent any blocks...A little late for them to complain now.
2-15-2020 Newshound Guru Kaperoni New Prime Minister Allawi says he will introduce his cabinet this Sunday. We can hope!
2-15-2020 Newshound Guru chattels Article: "Mohammed Al-Khalidi to / Nina: The new government consists of 22 independent ministers and is awaiting the parliament’s call for a session to pass it Saturday 15, February 2020" He explained that the new government consists of 22 ministries who are completely independent and that no name was repeated from the previous ministries, and the ministers were chosen by the Prime Minister-designate. There are reports that Allawi will present his program and ministers to an emergency session of Parliament as early as this Sunday or Monday.
2-15-2020 Newshound/Intel Guru Mnt Goat ...minister-designate Muhammad Tawfiq Allawi is sent to be the man who will finally break up the mess holding back this government and free the Iraqi people and its economy from Iranian enslavement. ...This miracle will kick off a chain reaction sounding throughout the financial works in the middle east. Watch and see…!!
2-15-2020 Newshound Guru MilitiaMan Articles: "The US Treasury publishes a video that includes simple steps to reveal the "fake" dollar"; "Legal protection of the national currency" These two articles are seeming to be placed and timed accordingly...A re enforcement if you will on the act of counterfeiting will not be tolerated. Not only outside countries, but, their own currency and they make reference to the IQD currency and coins. They don't have them yet? Even if they did no one in their right mind would counterfeit coins at a program rate. But, by this article about Iraq, they seem to suggest they will have coins. [post 1 of 2....stay tuned]
2-15-2020 Newshound Guru Kaperoni ...the CBI has described plans for a LOP. To reduce the money supply from trillions to billions. That is what will happen if something happened overnight. If you want to see the dinar appreciate in value it's going to take a long time not because I say so, because that's how monetary policy works, gradually over time. But before that could ever happen they need to create the conditions for a market economy and encourage a substantial amount of foreign investment to come in, thus creating pressure on the financial system. Only then can the CBI appreciate the dinar using its monetary tools and getting off the Peg and moving to a float. That's not me telling you that's the IMF...
2-15-2020 Newshound/Intel Guru RVAlready Allawi told everyone in advance his government would be independent - that it would not represent any blocks...A little late for them to complain now.
2-15-2020 Newshound Guru Kaperoni New Prime Minister Allawi says he will introduce his cabinet this Sunday. We can hope!
2-15-2020 Newshound Guru chattels Article: "Mohammed Al-Khalidi to / Nina: The new government consists of 22 independent ministers and is awaiting the parliament’s call for a session to pass it Saturday 15, February 2020" He explained that the new government consists of 22 ministries who are completely independent and that no name was repeated from the previous ministries, and the ministers were chosen by the Prime Minister-designate. There are reports that Allawi will present his program and ministers to an emergency session of Parliament as early as this Sunday or Monday.
2-15-2020 Newshound/Intel Guru Mnt Goat ...minister-designate Muhammad Tawfiq Allawi is sent to be the man who will finally break up the mess holding back this government and free the Iraqi people and its economy from Iranian enslavement. ...This miracle will kick off a chain reaction sounding throughout the financial works in the middle east. Watch and see…!!
2-14-2020 Newshound Guru Jeff ...IMO I think Vietnam 's rate change would probably happen anywhere from somewhere around .05 to .25 cents. Going from where they're at today...that's a huge increase for them...the odds are they have to be linked and timed with the rate change [of the dinar]...I don't think Vietnam will change the rate when Iraq does. I think it's gonna happen a little ways down the road...it would have to be timed with their fiscal year...
2-14-2020 Newshound Guru Kaperoni This is one of the good articles from a few months back... "A government decision to do the partnership with the private sector" "To implement vital projects that support the country's economy" ...there is a reason for all these talks about a private sector. That is the focus at this time to create this market economy private sector to put people to work, create business and attract investment and reduce dependence on oil. But more importantly is that this is required to create the conditions for the dinar to rise. Until they have a market economy/private sector there will be no change in the dinar... Iraq has work to do. Let's hope they can pick up some momentum as the year progresses to get back on track.
2-14-2020 Intel Guru MarkZ [via PDK] Iraq is very much looking for something over the next 48 hours. A release as they seat the new government is very possible. I know I am looking very hard at this Sat and Sun.
2-14-2020 Intel Guru Bruce ...Has Iraq come out with a new published rate yet? No they haven’t...Will they ever? YES... Last night – overnight the CBI website started some gyrations - they started to activate – they started to come alive – again – and the good news is - we understand...this coming Sunday – we should have a new published Dinar rate on the website – Now, will we see it? Here? In our banks? We have the 3-day weekend – so we will probably be more familiar with it on Tuesday... I’m very excited about what we’re seeing right now in the way of movement – we’re finally seeing it move in the right direction...and I think we can look forward to having a great weekend with President’s Day... I really believe that we’re getting just about to the finish line – we’re not quite there yet...
2-14-2020 Guest Newshound Guru Pimpy ...each country is gonna have a different rate because each country's currency has a different purchasing power versus the dinar. Not everybody's gonna have the $3.22 rate. It just depends on your currency matched up against the IQD. So yeah not all the 51 trillion is going to have the $3.22 rate if indeed they do reinstate...but that's a lot of money out there and I understand why the naysayers keep bringing this up...I get why people are excited...but listen to the wording because it's important. It says their goal is to reach the $3.22 to every 1 USD...I try to keep everyone grounded and bring you back down to reality. Do I think the rate change is going to happen? I do...minutes...articles...feasibility study...BTI reports...all of them are at least above $1...but if they come out at like .04 cents don't be surprised. Don't be mad. Hold on to it and see what happens...
2-14-2020 Newshound Guru Jeff ...there's things happening. IMO you're seeing the last remaining variable happening in Iraq. Allawi's trying to get his cabinet done...If you look at Iraq's actions they've had demonstrations since October. They've told us that all the demonstrators demands which are reforms are inside the 2020 budget...those require the rate change before they can implement them. So what they are telling you is in order to satisfy the demonstrators demands they have to change the rate...the 2020 budget itself is married to the rate change...they can't start the budget approval process until after the rate has changed...
2-14-2020 Newshound Guru Kaperoni ...they [Iraq] have to meet Article VIII compliance and they request the IMF accept them into Article VIII and more importantly, the IMF has to accept them. They have met some conditions yes...last I read, still one condition was outstanding but in any event, it does not mean they will move to Article VIII once in compliance because the IMF needs to agree. And I do not see that happening until Iraq gets back on track: new gov, cabinet, pass laws, stable, investors...lots to do. They need to create the conditions and right now, they are far from the right conditions. Until they get there act together and launch the private sector, there is no increase in the dinar...which could be months or years...up to them...I am hopeful though.
2-14-2020 Intel Guru RayRen98 ...Sources are now indicating that PM Designate Allawi has completed the formation of his government. It is anticipated that Allawi will be "officially" accepted on Sunday and that he will request that Parliament hold an emergency session that same day to vote on his government selectees. The Parliamentary Bloc of the Alliance of Saireon confirmed, on Thursday, that the House of Representatives during its second legislative term fulfilled all the demands of the demonstrators, indicating that many of the reform laws advocated by the demonstration arenas were accomplished within the House of Representatives.
2-14-2020 Newshound Guru Kaperoni This is one of the good articles from a few months back... "A government decision to do the partnership with the private sector" "To implement vital projects that support the country's economy" ...there is a reason for all these talks about a private sector. That is the focus at this time to create this market economy private sector to put people to work, create business and attract investment and reduce dependence on oil. But more importantly is that this is required to create the conditions for the dinar to rise. Until they have a market economy/private sector there will be no change in the dinar... Iraq has work to do. Let's hope they can pick up some momentum as the year progresses to get back on track.
2-14-2020 Intel Guru MarkZ [via PDK] Iraq is very much looking for something over the next 48 hours. A release as they seat the new government is very possible. I know I am looking very hard at this Sat and Sun.
2-14-2020 Intel Guru Bruce ...Has Iraq come out with a new published rate yet? No they haven’t...Will they ever? YES... Last night – overnight the CBI website started some gyrations - they started to activate – they started to come alive – again – and the good news is - we understand...this coming Sunday – we should have a new published Dinar rate on the website – Now, will we see it? Here? In our banks? We have the 3-day weekend – so we will probably be more familiar with it on Tuesday... I’m very excited about what we’re seeing right now in the way of movement – we’re finally seeing it move in the right direction...and I think we can look forward to having a great weekend with President’s Day... I really believe that we’re getting just about to the finish line – we’re not quite there yet...
2-14-2020 Guest Newshound Guru Pimpy ...each country is gonna have a different rate because each country's currency has a different purchasing power versus the dinar. Not everybody's gonna have the $3.22 rate. It just depends on your currency matched up against the IQD. So yeah not all the 51 trillion is going to have the $3.22 rate if indeed they do reinstate...but that's a lot of money out there and I understand why the naysayers keep bringing this up...I get why people are excited...but listen to the wording because it's important. It says their goal is to reach the $3.22 to every 1 USD...I try to keep everyone grounded and bring you back down to reality. Do I think the rate change is going to happen? I do...minutes...articles...feasibility study...BTI reports...all of them are at least above $1...but if they come out at like .04 cents don't be surprised. Don't be mad. Hold on to it and see what happens...
2-14-2020 Newshound Guru Jeff ...there's things happening. IMO you're seeing the last remaining variable happening in Iraq. Allawi's trying to get his cabinet done...If you look at Iraq's actions they've had demonstrations since October. They've told us that all the demonstrators demands which are reforms are inside the 2020 budget...those require the rate change before they can implement them. So what they are telling you is in order to satisfy the demonstrators demands they have to change the rate...the 2020 budget itself is married to the rate change...they can't start the budget approval process until after the rate has changed...
2-14-2020 Newshound Guru Kaperoni ...they [Iraq] have to meet Article VIII compliance and they request the IMF accept them into Article VIII and more importantly, the IMF has to accept them. They have met some conditions yes...last I read, still one condition was outstanding but in any event, it does not mean they will move to Article VIII once in compliance because the IMF needs to agree. And I do not see that happening until Iraq gets back on track: new gov, cabinet, pass laws, stable, investors...lots to do. They need to create the conditions and right now, they are far from the right conditions. Until they get there act together and launch the private sector, there is no increase in the dinar...which could be months or years...up to them...I am hopeful though.
2-14-2020 Intel Guru RayRen98 ...Sources are now indicating that PM Designate Allawi has completed the formation of his government. It is anticipated that Allawi will be "officially" accepted on Sunday and that he will request that Parliament hold an emergency session that same day to vote on his government selectees. The Parliamentary Bloc of the Alliance of Saireon confirmed, on Thursday, that the House of Representatives during its second legislative term fulfilled all the demands of the demonstrators, indicating that many of the reform laws advocated by the demonstration arenas were accomplished within the House of Representatives.
2-13-2020 Newshound/Intel Guru Mnt Goat ...the designate PM is desperately attempting to get his government formally completed and ratified by parliament. He wants to get it right this year. Next he is going to try to ram-rod the 2020 budget with some changes to parliament and get is passed. Why is this so important for the RV? We know that the 2020 budget includes the reinstatement as there has been many scenarios played out by consultants hired the CBI to determine different “what if” scenarios for different rates. So we wait and watch for 2 things now: 1) getting the new prime minister ratified and his govt formed and 2) getting this damned budget to parliament and hopefully passed in record time. [post 2 of 2]
2-13-2020 Newshound/Intel Guru Mnt Goat So what we know right now is the CBI wants to continue with the project to delete the zeros but had to put it on hold since the beginning of the protestors. They told us they intended to complete it by year end. This verified once again that December and January are significant months for the CBI to complete this project. Many keep asking me if the project will still work outside of this Dec – Jan timeframe. Yes it will but this is not the “optimum” time the CBI and the Finance Committee would like to do it...This week my CBI contact told me they had 2 important meetings and they were all about the project to delete the zeros. I am telling everyone that this project is VERY, VERY important for the 5 year plan of which was supposed to end in 2020. This project was (or still is) supposed to kick off the investment frenzy for Iraq by this time. So, we have now entered 2020 without it. So what? It is only mid-February and still they have not yet paid anything out this year. This is good and we can see are intentionally holding off. But this can only last so long. [post 1 of 2....stay tuned]
2-13-2020 Intel Guru MarkZ [via PDK] [I hear the dong may only rv at .3 to .4 cents:] That would still be a good ROI but I do not believe that. I keep hearing that .47 is the street rate. And it will float higher… If it was to reinstate to where it was years ago before we devalued them…it would be in the $2.20s or $2.30s.
2-13-2020 Intel Guru Delta ...the Currency Issue Expenses [Of the CBI]. They spent about 46 million dollars in just one month to print the currency...this is huge and gives you an indication they are printing and if my math is correct they have now printed 170 to 180 million dollars worth of currency in a matter of like a year and a half...
2-13-2020 Intel/Newshound Guru sandyf ["If there is to be any return on this venture it will not be the result of anything done by Iraq."...Then by whom?...if not the CBI...] [reference Guru sandyf post 2-12-2020] There is a basic accounting principle that dinarland prefers to ignore, the liabilities must be less than the assets or the entity is technically bankrupt. Currency issued is a liability on the CBI and the CBI has no control over the value of it's assets, the bulk of the assets are foreign currency denominated and effectively fixed in value. There is limited equity in the accounts so no scope to increase the value of the dinar by any significant amount. Any change to how the value of the assets could be calculated would have to be by international agreement and nothing to do with the CBI.
2-13-2020 Intel Guru MarkZ [via PDK] From my contacts in the US…they say we havn’t seen it yet because there is still a protocol in place saying Trump needs to be out of the country . He does happen to leave for Geneva tonight or tomorrow. I am hopeful we are going to see it. I am hearing Iraq has everything put together for an expected vote this weekend to move rv forward. We know in their budget they are settling all past debts with Kuwait. We know this budget should have been approved in Jan and requires a much larger rate. We know they are in desperate need of this budget passing. And we know they are saying they will pass it in the next few days...we are clearly almost at the finish line.
2-13-2020 Newshound Guru Kaperoni ...MCP [MULTIPLE CURRENCY PRACTICES] has nothing to do with dual currencies...has to do with pricing...has to do with price of goods. MCP is the variation or price of goods from one currency to another...has nothing to do with dual currencies in a country. That will always exist in Iraq.
2-13-2020 Intel Guru Delta ...there's something strange going on with the Central Bank auctions...they did show there were no wire transfers. When you don't have any wire transfers that's really significant because we know the only way they can do that is if the IQD is going international...so the banks are able to do that electronically without them going to the CBI...they are testing something...
2-13-2020 Newshound/Intel Guru Mnt Goat Article: "L-KINDI NEWS: SALEH, AL-HALBUSI, AND AL-BARZANI ARE TOOLS TO IMPLEMENT THE NEW US PLANS IN IRAQ" ...there is a US plan of Iraq and they are implementing it. This is how this entire protesting stuff started. It was the beginning of the end of the Iranian militias and politicians in Iraq. But it takes time and so be patient.
2-13-2020 Newshound/Intel Guru Mnt Goat So what we know right now is the CBI wants to continue with the project to delete the zeros but had to put it on hold since the beginning of the protestors. They told us they intended to complete it by year end. This verified once again that December and January are significant months for the CBI to complete this project. Many keep asking me if the project will still work outside of this Dec – Jan timeframe. Yes it will but this is not the “optimum” time the CBI and the Finance Committee would like to do it...This week my CBI contact told me they had 2 important meetings and they were all about the project to delete the zeros. I am telling everyone that this project is VERY, VERY important for the 5 year plan of which was supposed to end in 2020. This project was (or still is) supposed to kick off the investment frenzy for Iraq by this time. So, we have now entered 2020 without it. So what? It is only mid-February and still they have not yet paid anything out this year. This is good and we can see are intentionally holding off. But this can only last so long. [post 1 of 2....stay tuned]
2-13-2020 Intel Guru MarkZ [via PDK] [I hear the dong may only rv at .3 to .4 cents:] That would still be a good ROI but I do not believe that. I keep hearing that .47 is the street rate. And it will float higher… If it was to reinstate to where it was years ago before we devalued them…it would be in the $2.20s or $2.30s.
2-13-2020 Intel Guru Delta ...the Currency Issue Expenses [Of the CBI]. They spent about 46 million dollars in just one month to print the currency...this is huge and gives you an indication they are printing and if my math is correct they have now printed 170 to 180 million dollars worth of currency in a matter of like a year and a half...
2-13-2020 Intel/Newshound Guru sandyf ["If there is to be any return on this venture it will not be the result of anything done by Iraq."...Then by whom?...if not the CBI...] [reference Guru sandyf post 2-12-2020] There is a basic accounting principle that dinarland prefers to ignore, the liabilities must be less than the assets or the entity is technically bankrupt. Currency issued is a liability on the CBI and the CBI has no control over the value of it's assets, the bulk of the assets are foreign currency denominated and effectively fixed in value. There is limited equity in the accounts so no scope to increase the value of the dinar by any significant amount. Any change to how the value of the assets could be calculated would have to be by international agreement and nothing to do with the CBI.
2-13-2020 Intel Guru MarkZ [via PDK] From my contacts in the US…they say we havn’t seen it yet because there is still a protocol in place saying Trump needs to be out of the country . He does happen to leave for Geneva tonight or tomorrow. I am hopeful we are going to see it. I am hearing Iraq has everything put together for an expected vote this weekend to move rv forward. We know in their budget they are settling all past debts with Kuwait. We know this budget should have been approved in Jan and requires a much larger rate. We know they are in desperate need of this budget passing. And we know they are saying they will pass it in the next few days...we are clearly almost at the finish line.
2-13-2020 Newshound Guru Kaperoni ...MCP [MULTIPLE CURRENCY PRACTICES] has nothing to do with dual currencies...has to do with pricing...has to do with price of goods. MCP is the variation or price of goods from one currency to another...has nothing to do with dual currencies in a country. That will always exist in Iraq.
2-13-2020 Intel Guru Delta ...there's something strange going on with the Central Bank auctions...they did show there were no wire transfers. When you don't have any wire transfers that's really significant because we know the only way they can do that is if the IQD is going international...so the banks are able to do that electronically without them going to the CBI...they are testing something...
2-13-2020 Newshound/Intel Guru Mnt Goat Article: "L-KINDI NEWS: SALEH, AL-HALBUSI, AND AL-BARZANI ARE TOOLS TO IMPLEMENT THE NEW US PLANS IN IRAQ" ...there is a US plan of Iraq and they are implementing it. This is how this entire protesting stuff started. It was the beginning of the end of the Iranian militias and politicians in Iraq. But it takes time and so be patient.
2-12-2020 Newshound Guru Kaperoni Currency auctions are based on a "balance" of dinar to dollars. In fact, the recent weeks have seen a significant increase in dollar sales, therefore the CBI has to inject dinar to balance it. That is why you also see an increase in recent weeks in the money supply of dinar...its the balance of the two that maintains the exchange rate and the stability of the spread is a IMF requirement. [ 2 percent 90 days yes] Yes, they are in compliance, but that is because they are maintaining a balance of dinar to dollar...so there is no way to significantly reduce the money supply (either dinar or dollars) under the current system. If they reduced the dollars, they could in theory also reduce the dinar but it must be a balance or the exchange rate and spread would change and if you reduced the dollars it would create issues since they need dollars for foreign exchange. It is complicated and their are many aspects you need to consider...it is not a simple, reduce the money and RV...
2-12-2020 Intel/Newshound Guru sandyf I would agree with most of what Kap [Guru Kaperoni] says, some of the detail is questionable, the latest statement from the CBI shows currency issued at 50T rather than 42T, as for "Chunky" that is something else. As Kap says, the liability on the CBI just cannot support any revaluation in the order that is being suggested. Many countries have deleted the zeros over the years, why should Iraq be any different. If there is to be any return on this venture it will not be the result of anything done by Iraq.
2-12-2020 Intel Guru Bruce [via WiserNow] ...we have heard that the Forex will update their rates tomorrow [Wednesday] morning between 2 & 2:30 in the morning – and we understand that the Iraqi Dinar will be one of those which will update to a new rate... ...the fact that all banks have received their final instructions and the fact that yesterday the redemption centers and Tier 1 banks have got their final briefing for a little over 3 hours – that put us in a position to be able to get started anytime now...I have heard from another source entirely that this will be a week for us like no other – Now, I know we’ve heard things like that in the past... I can just tell you maybe this is a week like no other – It could very well be...
2-12-2020 Guest Newshound Guru Pimpy ...I talked about the currency that was being bought by Iraq from the public. They were spending somewhere between a billion to $1.5 billion per month in oil revenues to buy currency off the open market and at that time that was 70% of the currency that was out there...what I recently learned was...they destroyed 70% of the currency...we know that less than 5%...is in the country. I still think it's lower than that...if you look at all the goods they have and you try to come out with a rate...you're probably looking at 4 or 5 cents. That's not unrealistic...in the paperwork I saw a rate of $1.34...The BTI report shows you two rates...$1.71 and $1.13. There's good arguments why you shouldn't trust those. It has to do more with the money supply that's out there...I think the rate's gonna be $1.34. It's gonna be locked there for about 3 years...
2-12-2020 Newshound/Intel Guru Mnt Goat ...This reinstatement, would have and should have, already occurred by now. But we all know why it hasn’t…right? ...the Trump administration is working very hard, with and within Iraq, to clean up this Iranian mess. They will succeed...There is a plan and they are moving forward aggressively.
2-12-2020 Intel Guru MarkZ [via PDK] I spoke to my contacts in Iraq and no new rate published in the gazette yet. There are great expectations for today…. I am always terrified of “Great Expectations” but someday it will be true. That may well be today. Actually I was surprised not to see a new value this morning with how keyed up my diplomatic contacts are in Iraq. I am getting fantastic stuff from most sources...Exceptionally good, positive stuff. I hear exchanges will start at the same time everywhere.
2-12-2020 Newshound Guru Kaperoni [The CBI has stated on several occasions that the deleting of zeros is two fold. Three zeros off the exchange rate and three zeros off the notes. 25000 note becomes a 25 note worth the same amount. No change in value.] If they delete the zeros it is a LOP. Parliament would have to approve. Luckily, they have postponed all such attempts so far. Hopeful for float and gradual appreciation. Remember also the IMF is also recommended that the CBI get off the peg and allow the currency to gradually appreciate. Go market economy!
2-12-2020 Newshound/Intel Guru Mnt Goat ...If you have been following the news from Iraq you should clearly see that they are “fast-tracking” the new government and also getting the 2020 budget amended and passed on to parliament. Why is all this occurring so fast? For one it is the pressure from the protestors. Second it is the threat of going back in to UN sanctions chapter VII. Already UN security forces are in Iraq...But this is all very good for us...
2-12-2020 Intel/Newshound Guru sandyf I would agree with most of what Kap [Guru Kaperoni] says, some of the detail is questionable, the latest statement from the CBI shows currency issued at 50T rather than 42T, as for "Chunky" that is something else. As Kap says, the liability on the CBI just cannot support any revaluation in the order that is being suggested. Many countries have deleted the zeros over the years, why should Iraq be any different. If there is to be any return on this venture it will not be the result of anything done by Iraq.
2-12-2020 Intel Guru Bruce [via WiserNow] ...we have heard that the Forex will update their rates tomorrow [Wednesday] morning between 2 & 2:30 in the morning – and we understand that the Iraqi Dinar will be one of those which will update to a new rate... ...the fact that all banks have received their final instructions and the fact that yesterday the redemption centers and Tier 1 banks have got their final briefing for a little over 3 hours – that put us in a position to be able to get started anytime now...I have heard from another source entirely that this will be a week for us like no other – Now, I know we’ve heard things like that in the past... I can just tell you maybe this is a week like no other – It could very well be...
2-12-2020 Guest Newshound Guru Pimpy ...I talked about the currency that was being bought by Iraq from the public. They were spending somewhere between a billion to $1.5 billion per month in oil revenues to buy currency off the open market and at that time that was 70% of the currency that was out there...what I recently learned was...they destroyed 70% of the currency...we know that less than 5%...is in the country. I still think it's lower than that...if you look at all the goods they have and you try to come out with a rate...you're probably looking at 4 or 5 cents. That's not unrealistic...in the paperwork I saw a rate of $1.34...The BTI report shows you two rates...$1.71 and $1.13. There's good arguments why you shouldn't trust those. It has to do more with the money supply that's out there...I think the rate's gonna be $1.34. It's gonna be locked there for about 3 years...
2-12-2020 Newshound/Intel Guru Mnt Goat ...This reinstatement, would have and should have, already occurred by now. But we all know why it hasn’t…right? ...the Trump administration is working very hard, with and within Iraq, to clean up this Iranian mess. They will succeed...There is a plan and they are moving forward aggressively.
2-12-2020 Intel Guru MarkZ [via PDK] I spoke to my contacts in Iraq and no new rate published in the gazette yet. There are great expectations for today…. I am always terrified of “Great Expectations” but someday it will be true. That may well be today. Actually I was surprised not to see a new value this morning with how keyed up my diplomatic contacts are in Iraq. I am getting fantastic stuff from most sources...Exceptionally good, positive stuff. I hear exchanges will start at the same time everywhere.
2-12-2020 Newshound Guru Kaperoni [The CBI has stated on several occasions that the deleting of zeros is two fold. Three zeros off the exchange rate and three zeros off the notes. 25000 note becomes a 25 note worth the same amount. No change in value.] If they delete the zeros it is a LOP. Parliament would have to approve. Luckily, they have postponed all such attempts so far. Hopeful for float and gradual appreciation. Remember also the IMF is also recommended that the CBI get off the peg and allow the currency to gradually appreciate. Go market economy!
2-12-2020 Newshound/Intel Guru Mnt Goat ...If you have been following the news from Iraq you should clearly see that they are “fast-tracking” the new government and also getting the 2020 budget amended and passed on to parliament. Why is all this occurring so fast? For one it is the pressure from the protestors. Second it is the threat of going back in to UN sanctions chapter VII. Already UN security forces are in Iraq...But this is all very good for us...
2-11-2020 Intel Guru Footforward I'd be stunned if we are sitting here this time next year waiting for the RV to happen. There is incredible progress being made on the Iran front.
2-11-2020 Newshound Guru Kaperoni If the CBI decides go to a new exchange rate regime and gets off the peg and begins to gradually appreciate the dinar via a float, any change in denominations would occur at a similar pace to the appreciation. No announcement or schedule is needed.
2-11-2020 Newshound/Intel Guru Mnt Goat ...Just where do we stand with this RV? I have to tell you the CBI is more than ready to go full force with the process of “deletion of the zeros”. They are just waiting for the new prime minister to get his cabinet in order and ratified in parliament...once the prime minister designate has “REAL” power (which comes when he forms his government and is ratified by parliament) he will begin the process of the reforms. He has already promised by a public statement that he would complete “ALL” the reforms demanded by the protesters. We know that one of them is to end the currency auctions and this one is a very high priority...we could not be in a better position to see the RV sometime within the next couple months. But I bet sooner than later…lol...NO! – we do not need to wait years for a robust economy, as many gurus tell you...
2-11-2020 Intel Guru Frank26 ...IMO Dr. Shabibi is very aware of what is happening and what's about to happen and because of what may happen he is in constant consultation with the Fab 4...the Fab 4...the IMF, World Bank, U.S. Treasury, and the President of the United States of America...
2-11-2020 Newshound Guru Kaperoni [via Zig] ... "Anybody who researches this investment will know the IMF is the trustee of the CBI. They took control in 2015. Therefore, and it is already been proven that the CBI does with the IMF tells them to do. So one only has to go read the Article IV consultation from a few years ago when Shabibi was preparing to transition. It is plan [plain ?] as day... 14. The de facto fixed exchange rate (that means peg) has served Iraq well. The authorities agreed that a stable nominal exchange rate provides a valuable anchor for inflation expectations in an uncertain environment, and intend to continue implementing this policy for the foreseeable future. In the medium term, staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy (they are talking about a float). Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect, to accommodate a possible real exchange rate appreciation while keeping domestic inflation low...It does not get any clearer than this direct from the IMF. Not only is this the plan but this conforms to monetary policy..."
2-11-2020 Intel Guru MarkZ [via PDK] My Bank staff at Redemption Centers are all on call..They are expecting to work this weekend. Iraq contacts believe we will see it anywhere from this evening to Friday afternoon. They are ecstatic in Iraq. Bankers here still swear this is it. I am afraid to call it with all the hype but dayummmm...this I feel is it. So I am at the edge of my seat…feeling nervous like when the prom date is about to ring the bell….lol
2-11-2020 Newshound Guru Kaperoni People need to realize that even though the protests demanded change it substantially slowed progress. The new PM needs to be confirmed, a cabinet needs to be named and confirmed and parliament needs to get back passing legislation. Months of delays are expected....
2-11-2020 Newshound Guru Jeff ...Can it [the rate change] only happen on a Sunday? ...yes. and the reason why, remember Kuwait did theirs on a Sunday morning. This is not just a small rate change. Small rate changes can happen any day of the week. This is a massive jumbo rate change. The reason why it has to happen on a Sunday morning is because it has to happen when all financial markets around the world are closed to control and reduce market volatility because with that size of a rate change being so massive it would...cause tremendous volatility within the financial markets around the world. They don't want that...it's easier for them to do it after hours when markets around the world are closed...
2-11-2020 Intel Guru Frank26 Question [Once this happens - Please explain the strategy of putting money into the Iraqi satellite banks here in the United States versus a U.S. non-satellite bank.] ...I think it depends on how many dinars you have. I think that's the best answer I can give you on this question...If I go to an American bank and I say here's a million dinars and we converted into a million American dollars and it stays in that bank I pay the taxes on that capital gain right there. And then I go to one of the [CBI] satellite banks like one up in Dearborn Michigan maybe and there I could say to the satellite Dearborn bank let me convert half a million into American dollars. I'll leave it here or transfer it to my American bank...do you want to pay taxes now? Then just go to an American bank. If you don't want to pay tax on everything and let's say you want to cash in half a million of your dinar and convert them into American dollars. You pay taxes on it now and the other half a million I want to leave them in dinars. So you leave it in the satellite bank because they'll stay that way...this is all in my opinion. You have to make your own decisions...[Speak with your financial adviser and tax professional at the appropriate time.]
2-11-2020 Newshound Guru Kaperoni If the CBI decides go to a new exchange rate regime and gets off the peg and begins to gradually appreciate the dinar via a float, any change in denominations would occur at a similar pace to the appreciation. No announcement or schedule is needed.
2-11-2020 Newshound/Intel Guru Mnt Goat ...Just where do we stand with this RV? I have to tell you the CBI is more than ready to go full force with the process of “deletion of the zeros”. They are just waiting for the new prime minister to get his cabinet in order and ratified in parliament...once the prime minister designate has “REAL” power (which comes when he forms his government and is ratified by parliament) he will begin the process of the reforms. He has already promised by a public statement that he would complete “ALL” the reforms demanded by the protesters. We know that one of them is to end the currency auctions and this one is a very high priority...we could not be in a better position to see the RV sometime within the next couple months. But I bet sooner than later…lol...NO! – we do not need to wait years for a robust economy, as many gurus tell you...
2-11-2020 Intel Guru Frank26 ...IMO Dr. Shabibi is very aware of what is happening and what's about to happen and because of what may happen he is in constant consultation with the Fab 4...the Fab 4...the IMF, World Bank, U.S. Treasury, and the President of the United States of America...
2-11-2020 Newshound Guru Kaperoni [via Zig] ... "Anybody who researches this investment will know the IMF is the trustee of the CBI. They took control in 2015. Therefore, and it is already been proven that the CBI does with the IMF tells them to do. So one only has to go read the Article IV consultation from a few years ago when Shabibi was preparing to transition. It is plan [plain ?] as day... 14. The de facto fixed exchange rate (that means peg) has served Iraq well. The authorities agreed that a stable nominal exchange rate provides a valuable anchor for inflation expectations in an uncertain environment, and intend to continue implementing this policy for the foreseeable future. In the medium term, staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy (they are talking about a float). Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect, to accommodate a possible real exchange rate appreciation while keeping domestic inflation low...It does not get any clearer than this direct from the IMF. Not only is this the plan but this conforms to monetary policy..."
2-11-2020 Intel Guru MarkZ [via PDK] My Bank staff at Redemption Centers are all on call..They are expecting to work this weekend. Iraq contacts believe we will see it anywhere from this evening to Friday afternoon. They are ecstatic in Iraq. Bankers here still swear this is it. I am afraid to call it with all the hype but dayummmm...this I feel is it. So I am at the edge of my seat…feeling nervous like when the prom date is about to ring the bell….lol
2-11-2020 Newshound Guru Kaperoni People need to realize that even though the protests demanded change it substantially slowed progress. The new PM needs to be confirmed, a cabinet needs to be named and confirmed and parliament needs to get back passing legislation. Months of delays are expected....
2-11-2020 Newshound Guru Jeff ...Can it [the rate change] only happen on a Sunday? ...yes. and the reason why, remember Kuwait did theirs on a Sunday morning. This is not just a small rate change. Small rate changes can happen any day of the week. This is a massive jumbo rate change. The reason why it has to happen on a Sunday morning is because it has to happen when all financial markets around the world are closed to control and reduce market volatility because with that size of a rate change being so massive it would...cause tremendous volatility within the financial markets around the world. They don't want that...it's easier for them to do it after hours when markets around the world are closed...
2-11-2020 Intel Guru Frank26 Question [Once this happens - Please explain the strategy of putting money into the Iraqi satellite banks here in the United States versus a U.S. non-satellite bank.] ...I think it depends on how many dinars you have. I think that's the best answer I can give you on this question...If I go to an American bank and I say here's a million dinars and we converted into a million American dollars and it stays in that bank I pay the taxes on that capital gain right there. And then I go to one of the [CBI] satellite banks like one up in Dearborn Michigan maybe and there I could say to the satellite Dearborn bank let me convert half a million into American dollars. I'll leave it here or transfer it to my American bank...do you want to pay taxes now? Then just go to an American bank. If you don't want to pay tax on everything and let's say you want to cash in half a million of your dinar and convert them into American dollars. You pay taxes on it now and the other half a million I want to leave them in dinars. So you leave it in the satellite bank because they'll stay that way...this is all in my opinion. You have to make your own decisions...[Speak with your financial adviser and tax professional at the appropriate time.]
2-10-2020 Intel Guru Okie_Oil_Man Its my understanding this is not a taxable event. [Consult your tax professional at the appropriate time.]
2-10-2020 Intel Guru Frank26 Question [Have (Guru) Walkingstick's banks received instruction on which day to distribute the new small category notes?] IMO...Oh yeah! ...I have told you it's a schedule and the authority to launch that date has to come from the CBI. So do they have the date? I don't know. I know they have time-frames...
2-10-2020 Intel Guru RayRen98 SUPPOSEDLY - THE CBI MET WITH ALL THE BANKS, INFORMED THEM OF THE ENTIRE (DETAILED) RV PROCESS - FROM START TO FINISH, AND ARE PREPARING TO ANNOUNCE THE SAME TO THE CITIZENS...TIME WILL TELL
2-10-2020 Intel Guru MarkZ Very busy weekend for everybody… Bankers... sources are squarely looking at tomorrow for something to break loose and spendable dollars by Wednesday right now. I am also hopeful that they are correct. In Iraq- Allowi is fully in control…my folks over there are just tickled at how things are shaping up. Sadr is out and heading off to Iran. I have not seen those guys over there this excited in a long time.
2-10-2020 Intel Guru Okie_Oil_Man [Do we have to have receipts where we purchased our currency?] You do not have to bring proof of purchase…just bring your currency. People are complicating what should be a simple appointment. If you have currency they will not ask you where you got it…they will just redeem it.
2-10-2020 Newshound/Intel Guru Mnt Goat Article: "MUHAMMAD TAWFIQ ALLAWI TO ADDRESS THE 20202 FISCAL DEFICIT" Quote: "AFTER THE PARLIAMENT VOTES BY AN ABSOLUTE MAJORITY OF THE MEMBERS OF THE NEW GOVERNMENT AND THE MINISTERIAL PLATFORM, THE ALLAWI GOVERNMENT CAN DISCUSS THE BUDGET AND SEND IT TO THE PARLIAMENT." this article is telling us that Allawi’s new government must be formed and ratified by parliament before the new budget can be sent over to them. This is why Allawi must work quickly to form his new cabinet. Also they tell us he does not like the large deficit and so he is going to first address it too before sending it over.
2-10-2020 Intel Guru Frank26 ...last Thursday members of the CBI elite and the Minister of Finance...met with the banks of Iraq. All the banks of Iraq. All the lending institutions that deal with money. I talked with [Guru] Walkingstick...and I said were you guys there? He said yeah. 'My firm was there...they laid it out completely. The whole roadmap for the redenomination, for the revaluation, the recalculating and for what they're about to do. The reinstatement of their currency'...they laid it all out. This is what we've done. This is where we're at. This is how many times we postponed it. This is why we're about to do it now. This is what we're gonna do. These are our benchmarks at every point along the way. This is what we've accomplished...they talked about timeframes on their currency reform. It was laid out from the very beginning of the Monetary reform all the way to the end. And the end is now...the CBI is about to speak to the citizens of Iraq and they're going to share all of this information that they have...
2-10-2020 Guest Guru TexasSnake My intel is similar [reference Guru Okie_Oil_Man post 2-9-2020]…. My senior banker source at WF who is in charge of Exchange centers for 5 states including Texas... He is in charge of training for employees on Wells Fargo and specialists with Abbot Downing investment banking branch...He feels very confident that late today or early tomorrow we may get our emails from Wells Fargo and 800 numbers for a start on Tuesday.
2-10-2020 Intel Guru Frank26 Question [Have (Guru) Walkingstick's banks received instruction on which day to distribute the new small category notes?] IMO...Oh yeah! ...I have told you it's a schedule and the authority to launch that date has to come from the CBI. So do they have the date? I don't know. I know they have time-frames...
2-10-2020 Intel Guru RayRen98 SUPPOSEDLY - THE CBI MET WITH ALL THE BANKS, INFORMED THEM OF THE ENTIRE (DETAILED) RV PROCESS - FROM START TO FINISH, AND ARE PREPARING TO ANNOUNCE THE SAME TO THE CITIZENS...TIME WILL TELL
2-10-2020 Intel Guru MarkZ Very busy weekend for everybody… Bankers... sources are squarely looking at tomorrow for something to break loose and spendable dollars by Wednesday right now. I am also hopeful that they are correct. In Iraq- Allowi is fully in control…my folks over there are just tickled at how things are shaping up. Sadr is out and heading off to Iran. I have not seen those guys over there this excited in a long time.
2-10-2020 Intel Guru Okie_Oil_Man [Do we have to have receipts where we purchased our currency?] You do not have to bring proof of purchase…just bring your currency. People are complicating what should be a simple appointment. If you have currency they will not ask you where you got it…they will just redeem it.
2-10-2020 Newshound/Intel Guru Mnt Goat Article: "MUHAMMAD TAWFIQ ALLAWI TO ADDRESS THE 20202 FISCAL DEFICIT" Quote: "AFTER THE PARLIAMENT VOTES BY AN ABSOLUTE MAJORITY OF THE MEMBERS OF THE NEW GOVERNMENT AND THE MINISTERIAL PLATFORM, THE ALLAWI GOVERNMENT CAN DISCUSS THE BUDGET AND SEND IT TO THE PARLIAMENT." this article is telling us that Allawi’s new government must be formed and ratified by parliament before the new budget can be sent over to them. This is why Allawi must work quickly to form his new cabinet. Also they tell us he does not like the large deficit and so he is going to first address it too before sending it over.
2-10-2020 Intel Guru Frank26 ...last Thursday members of the CBI elite and the Minister of Finance...met with the banks of Iraq. All the banks of Iraq. All the lending institutions that deal with money. I talked with [Guru] Walkingstick...and I said were you guys there? He said yeah. 'My firm was there...they laid it out completely. The whole roadmap for the redenomination, for the revaluation, the recalculating and for what they're about to do. The reinstatement of their currency'...they laid it all out. This is what we've done. This is where we're at. This is how many times we postponed it. This is why we're about to do it now. This is what we're gonna do. These are our benchmarks at every point along the way. This is what we've accomplished...they talked about timeframes on their currency reform. It was laid out from the very beginning of the Monetary reform all the way to the end. And the end is now...the CBI is about to speak to the citizens of Iraq and they're going to share all of this information that they have...
2-10-2020 Guest Guru TexasSnake My intel is similar [reference Guru Okie_Oil_Man post 2-9-2020]…. My senior banker source at WF who is in charge of Exchange centers for 5 states including Texas... He is in charge of training for employees on Wells Fargo and specialists with Abbot Downing investment banking branch...He feels very confident that late today or early tomorrow we may get our emails from Wells Fargo and 800 numbers for a start on Tuesday.
2-9-2020 Intel Guru Okie_Oil_Man Tonight may be interesting and tomorrow may really be interesting…. A Zurich contact that I had said Tues, Wed may finally be our time…As I understand it tonight and tomorrow morning there is a possibility (key word) we may get 800 numbers. That is the last I got from “The source” who has the authority to make this happen.
2-9-2020 Intel Guru Footforward ...I'm now aware that it seems Sadr is on the run and Allawi is actually winning people over. AND there will be a full cabinet sat with ZERO Iranian influence. As a matter of fact, several outlets are reporting that Sadr (who is an Iranian puppet) is actually in Iran right now and that Allawi is actually meeting with the people of Iraq to hear their concerns and make sure they are addressed. For real. This is not fake news!
2-9-2020 Newshound Guru Chattels Allawi presents his cabinet in two weeks, and its names will only be announced in Parliament. Constitutionally speaking, Allawi's 30 days to form a government began on February 2. Not that in Iraq constitutional deadlines or red-lines mean anything. But, two weeks from today will be February 24 or only a week left under the constitution to form a government. Hardly a meteoric pace. Assuming it is done timely which would be a change for Iraq.
2-9-2020 Newshound Gruu Kaperoni [Guru] Francis Albert You should go back and read the documentation or articles on what is stated from the CBI and other sources. They have made it clear that Iraq is primarily a physical currency country. Yes, they are trying to implement electronic money but...the cbi has said over and over there is in excess of 42 trillion dinar (chunky)... because it is in country and in the homes of citizens (under mattresses, pillows etc.) it must be accounted for. You cannot RV anywhere near a 1 to 1 rate with that much physical money in circulation as it would have to be accounted for. Heck, Iraq's total underground wealth is only 15-16 trillion dollars. You think they could afford 42 trillion? lol If they go to a 1 to 1 rate overnight it will be a LOP. The only other solution is to build a market economy, diversify the resources and gradually raise the value over time. Then then can collect these notes are citizens deposit them in banks as well as reduce pressure created on the financial system as a result of significant foreign investment. [Reference Guru Francis Albert posts 2-8-2020]
2-9-2020 Newshound/Intel Guru Mnt Goat ...I am hearing lots of chatter about elections in six months...This is NOT going to happen and here is why. The Iraqi legal expert, Ali al-Tamimi, said on Wednesday (February 05, 2020) that the Iraqi constitution did not include an article or a paragraph called "an interim government," noting that the Prime Minister-designate Muhammad Tawfiq Allawi, would continue to run the government until 2022. ...sometimes what you are seeing in the surface is not the entire story...TRUST ME there is a plan and they are executing it. We will see our reinstatement sooner rather than later.
2-9-2020 Newshound/Intel Guru Francis Albert [...bottom line Iraq can make monitary changes when ever they want I believe it is and has been a security issue holding them back.] It feels that way to me also... I "believe" (no proof or secret sources), that the CBI has been ready to do something significant. (not sure what this will be), but something, and as things cool down and the Iran 's influence decreases...something will happen.
2-9-2020 Intel Guru Footforward ...I'm now aware that it seems Sadr is on the run and Allawi is actually winning people over. AND there will be a full cabinet sat with ZERO Iranian influence. As a matter of fact, several outlets are reporting that Sadr (who is an Iranian puppet) is actually in Iran right now and that Allawi is actually meeting with the people of Iraq to hear their concerns and make sure they are addressed. For real. This is not fake news!
2-9-2020 Newshound Guru Chattels Allawi presents his cabinet in two weeks, and its names will only be announced in Parliament. Constitutionally speaking, Allawi's 30 days to form a government began on February 2. Not that in Iraq constitutional deadlines or red-lines mean anything. But, two weeks from today will be February 24 or only a week left under the constitution to form a government. Hardly a meteoric pace. Assuming it is done timely which would be a change for Iraq.
2-9-2020 Newshound Gruu Kaperoni [Guru] Francis Albert You should go back and read the documentation or articles on what is stated from the CBI and other sources. They have made it clear that Iraq is primarily a physical currency country. Yes, they are trying to implement electronic money but...the cbi has said over and over there is in excess of 42 trillion dinar (chunky)... because it is in country and in the homes of citizens (under mattresses, pillows etc.) it must be accounted for. You cannot RV anywhere near a 1 to 1 rate with that much physical money in circulation as it would have to be accounted for. Heck, Iraq's total underground wealth is only 15-16 trillion dollars. You think they could afford 42 trillion? lol If they go to a 1 to 1 rate overnight it will be a LOP. The only other solution is to build a market economy, diversify the resources and gradually raise the value over time. Then then can collect these notes are citizens deposit them in banks as well as reduce pressure created on the financial system as a result of significant foreign investment. [Reference Guru Francis Albert posts 2-8-2020]
2-9-2020 Newshound/Intel Guru Mnt Goat ...I am hearing lots of chatter about elections in six months...This is NOT going to happen and here is why. The Iraqi legal expert, Ali al-Tamimi, said on Wednesday (February 05, 2020) that the Iraqi constitution did not include an article or a paragraph called "an interim government," noting that the Prime Minister-designate Muhammad Tawfiq Allawi, would continue to run the government until 2022. ...sometimes what you are seeing in the surface is not the entire story...TRUST ME there is a plan and they are executing it. We will see our reinstatement sooner rather than later.
2-9-2020 Newshound/Intel Guru Francis Albert [...bottom line Iraq can make monitary changes when ever they want I believe it is and has been a security issue holding them back.] It feels that way to me also... I "believe" (no proof or secret sources), that the CBI has been ready to do something significant. (not sure what this will be), but something, and as things cool down and the Iran 's influence decreases...something will happen.
2-8-2020 Newshound Guru Jeff ...Trump actually picked the year that he wanted this to happen. Obviously Iraq had to have a combination of stability too but Trump most likely wanted this timed for the rate change to be timed with his 2020 campaign theme of a strong economy...all we're waiting on here is a specific calendar day. [Sunday March 22, 2020]. Iraq does appear to be walking possibly when Kuwait did there's...everything is looking good.
2-8-2020 Newshound Guru Breitling ...what Iraq needs from their budget - how much they make and how much they need - they talk about getting to a billion notes to get to $1.17 and up. At a minimum they need about .53 cents. That's based on their information. Even though I'm speculating that's the best math I can come up with based on what they need. They need about .53 cents. That does not mean that's what they will come out at...
2-8-2020 Newshound/Intel Guru Francis Albert Obviously...[Guru] Kaperoni is throwing the baby out with the bath water. I don't believe any sensible person believes the Iraqi Dinar is going to go from .00086 to $3.50 overnight. (This is what most believe an RV will be)...What Kap doesn't see, is the forest for the trees. It is obvious to anyone paying attention to the news and three reliable sources that I know of: (The Goat, Frank and Adam Montana) Iraq is going to take their currency international and take off the program rate instilled by the IMF, U.N...So, a hit from program rate to something like .86 popping on Forex overnight, (my prediction), is very possible and doable...of course it will "float". All currencies are pegged to the dollar and go up and down as people buy them...And Kap is right. Who knows how long it will take for it to go up from the initial hit? I think a few months can get us to an "interesting" number. But, hey, .86 is pretty darn interesting, but I wouldn't sell at this price. That's my .86 worth today for what it is worth.
2-8-2020 Newshound Guru Jeff ...Iraq's got a new PM...hopefully by the end of February he can get his cabinet formed...we are not waiting on the formation of that government. Sometimes people might tell you we are. We're not waiting on the formation of the government. They have their stability they need...Iraq's transitioning to a new fiscal year. They've already told us that the reforms are the large deficit within the budget - that's all post rate change. Everything is moving in the right direction. We're looking good. I have not changed my time-frame...Iraq is now walking in Kuwait's timing footsteps. It's that simple...we're waiting on one thing. We're waiting on the calendar [March 2020]...
2-8-2020 Newshound Guru Breitling ...People send me emails asking very specifically if Trump has any sway or anything like that on the Iraqi dinar? Not the Iraqi dinar. He has influence on the price of oil. And he has influence on Iraq's U.S. accounts. We can freeze those. The dinar itself they have control of...everything we look at and look for that's what's going on. They are reducing their note count. Oil prices are going down. They have an emergency budget put together because that exact cause and effect. So here we are...I've never had any fear about them adding value to the dinar. Not once...
2-8-2020 Newshound Guru Kaperoni If they float the currency like the IMF has asked. Who knows how fast Or at what pace it would rise. Market forces determines that.
2-8-2020 Newshound Guru Breitling ...what Iraq needs from their budget - how much they make and how much they need - they talk about getting to a billion notes to get to $1.17 and up. At a minimum they need about .53 cents. That's based on their information. Even though I'm speculating that's the best math I can come up with based on what they need. They need about .53 cents. That does not mean that's what they will come out at...
2-8-2020 Newshound/Intel Guru Francis Albert Obviously...[Guru] Kaperoni is throwing the baby out with the bath water. I don't believe any sensible person believes the Iraqi Dinar is going to go from .00086 to $3.50 overnight. (This is what most believe an RV will be)...What Kap doesn't see, is the forest for the trees. It is obvious to anyone paying attention to the news and three reliable sources that I know of: (The Goat, Frank and Adam Montana) Iraq is going to take their currency international and take off the program rate instilled by the IMF, U.N...So, a hit from program rate to something like .86 popping on Forex overnight, (my prediction), is very possible and doable...of course it will "float". All currencies are pegged to the dollar and go up and down as people buy them...And Kap is right. Who knows how long it will take for it to go up from the initial hit? I think a few months can get us to an "interesting" number. But, hey, .86 is pretty darn interesting, but I wouldn't sell at this price. That's my .86 worth today for what it is worth.
2-8-2020 Newshound Guru Jeff ...Iraq's got a new PM...hopefully by the end of February he can get his cabinet formed...we are not waiting on the formation of that government. Sometimes people might tell you we are. We're not waiting on the formation of the government. They have their stability they need...Iraq's transitioning to a new fiscal year. They've already told us that the reforms are the large deficit within the budget - that's all post rate change. Everything is moving in the right direction. We're looking good. I have not changed my time-frame...Iraq is now walking in Kuwait's timing footsteps. It's that simple...we're waiting on one thing. We're waiting on the calendar [March 2020]...
2-8-2020 Newshound Guru Breitling ...People send me emails asking very specifically if Trump has any sway or anything like that on the Iraqi dinar? Not the Iraqi dinar. He has influence on the price of oil. And he has influence on Iraq's U.S. accounts. We can freeze those. The dinar itself they have control of...everything we look at and look for that's what's going on. They are reducing their note count. Oil prices are going down. They have an emergency budget put together because that exact cause and effect. So here we are...I've never had any fear about them adding value to the dinar. Not once...
2-8-2020 Newshound Guru Kaperoni If they float the currency like the IMF has asked. Who knows how fast Or at what pace it would rise. Market forces determines that.
2-7-2020 Newshound Guru Mnt Goat 2) Remember they must go at least 1:1 in rate if they pay out the stipends and this would mean the project to delete the zeros would be necessary. My take on all this is this is what will finally trigger the RV. This would also lead to the reinstatement. We know the banks have already exchanged three zero notes for the smaller category notes and have ample supplies to go ahead now. This happened over this past year. So they are ready for something. The CBI would not be doing all this is nothing was being planned. So, this is all VERY GOOD news for us...I am told this is coming in “the coming days”. However days always seem to miraculously turn into months somehow…lol.., [post 2 of 2]
2-7-2020 Newshound Guru Mnt Goat What does the CBI need? The CBI needs political stability and for the protestors to go home. Allawi is desperately trying to gain their confidence but we know he will have to eventually put out or shut up...he will have to produce something meaningful for the citizens. This is probably going to be the HCL stipends. This is my guess. What do we know about these stipends? 1) Over two months now an agreement has been made to actually begin the payout of these stipends...the referendum has already been written and passed through the parliament in 2018. Like other legislation it just sits on someone’s desk and never gets implemented. Now they agreed to implement it to help in this situation. [post 1 of 2....stay tuned]
2-7-2020 Intel Guru MarkZ [Do you think Iraq will move to a new fiscal year to match Kuwait?] I do…I believe Kuwaits fiscal year starts on April 1st. It makes sense for them to have the same fiscal year as everyone around them.
2-7-2020 Intel Guru Bruce [via WiserNow] ... there is action happening – there’s things happening behind the scenes...It’s just all moving...I’m here to say things are in motion – We have heard some things that talk about everything opening up overnight tonight [Thursday]...We know that the redemption centers have their schedules for the next 10-15 days in some cases but we don’t know exactly when the start is going to be...They don’t want us to know when it starts – They want it to be a surprise...My understanding was we were to get going pretty soon after President Trump was released or acquitted – ok – and that has taken place - so we’re just sitting here waiting – ready and waiting...
2-7-2020 Newshound Guru Vital Brad ...[CBI] they have the rate of the Iraqi dinar still listed - 1190 for just 1 US dollar...I bring up rate because what we're looking for as Iraqi dinar holders is we want that number to get smaller. Which means 1 US dollar can get LESS Iraqi dinar...So that means it's gonna take less of our Iraqi dinar to get 1 dollar. So we keep watching that number. I want it to continue to go down... [You can always see the latest CBI official rate and daily market rate for the Iraqi dinar in the left column of this page.]
2-7-2020 Newshound/Intel Guru Mnt Goat Many...are now asking me for a new timeframe for the reinstatement. I promised a new target once the prime minister was chosen. I am very confident in Allawi and his abilities to turn Iraq around, given a chance to do so...We know that January was the OPTIMAL time for the CBI to reinstate the currency and it did not happen due circumstances. But...The CBI can reinstate the Iraq dinar anytime deemed necessary or desired...We know also that until the new year’s budget for 2020 is opened and used, it still makes sense for the CBI to reinstate as if in the January timeframe. I called my CBI contact and...I was told that just like the previous two years they have until the end of March as their deadline. If we go past this timeframe we are sunk again for yet another year. To me this sounds like our new window!
2-7-2020 Intel Guru MarkZ …in the past it was a secret and they never expected us to find out about these revaluations. That is why there has been so many delays…they never expected us to know. In Kuwait only a handful found out…then came the internet…and we found out… After world war 2 Germany revalued. Japan revalued… In the past Iran has revalued… Venezuela has revalued…look throughout history. In the past it was always the elite who profited and could take advantage of it. They were profiting off of war.
2-7-2020 Intel Guru BobTheTaxMan Question "Let's say you don't have the receipt for the dinar when you purchased - you don't need that to exchange do you?" No. Now earlier in this crazy game we're involved in there was an idea that you were going to have to have the original date of purchase because they thought it was going to be capital gains. In reality it's not. It's going to be ordinary income. It's going to be no different from exchanging currency you currently have in your pocket. It's not going to matter. So don't worry about that part...[Consult with financial and tax professionals at the appropriate time.]
2-7-2020 Newshound Guru Mnt Goat What does the CBI need? The CBI needs political stability and for the protestors to go home. Allawi is desperately trying to gain their confidence but we know he will have to eventually put out or shut up...he will have to produce something meaningful for the citizens. This is probably going to be the HCL stipends. This is my guess. What do we know about these stipends? 1) Over two months now an agreement has been made to actually begin the payout of these stipends...the referendum has already been written and passed through the parliament in 2018. Like other legislation it just sits on someone’s desk and never gets implemented. Now they agreed to implement it to help in this situation. [post 1 of 2....stay tuned]
2-7-2020 Intel Guru MarkZ [Do you think Iraq will move to a new fiscal year to match Kuwait?] I do…I believe Kuwaits fiscal year starts on April 1st. It makes sense for them to have the same fiscal year as everyone around them.
2-7-2020 Intel Guru Bruce [via WiserNow] ... there is action happening – there’s things happening behind the scenes...It’s just all moving...I’m here to say things are in motion – We have heard some things that talk about everything opening up overnight tonight [Thursday]...We know that the redemption centers have their schedules for the next 10-15 days in some cases but we don’t know exactly when the start is going to be...They don’t want us to know when it starts – They want it to be a surprise...My understanding was we were to get going pretty soon after President Trump was released or acquitted – ok – and that has taken place - so we’re just sitting here waiting – ready and waiting...
2-7-2020 Newshound Guru Vital Brad ...[CBI] they have the rate of the Iraqi dinar still listed - 1190 for just 1 US dollar...I bring up rate because what we're looking for as Iraqi dinar holders is we want that number to get smaller. Which means 1 US dollar can get LESS Iraqi dinar...So that means it's gonna take less of our Iraqi dinar to get 1 dollar. So we keep watching that number. I want it to continue to go down... [You can always see the latest CBI official rate and daily market rate for the Iraqi dinar in the left column of this page.]
2-7-2020 Newshound/Intel Guru Mnt Goat Many...are now asking me for a new timeframe for the reinstatement. I promised a new target once the prime minister was chosen. I am very confident in Allawi and his abilities to turn Iraq around, given a chance to do so...We know that January was the OPTIMAL time for the CBI to reinstate the currency and it did not happen due circumstances. But...The CBI can reinstate the Iraq dinar anytime deemed necessary or desired...We know also that until the new year’s budget for 2020 is opened and used, it still makes sense for the CBI to reinstate as if in the January timeframe. I called my CBI contact and...I was told that just like the previous two years they have until the end of March as their deadline. If we go past this timeframe we are sunk again for yet another year. To me this sounds like our new window!
2-7-2020 Intel Guru MarkZ …in the past it was a secret and they never expected us to find out about these revaluations. That is why there has been so many delays…they never expected us to know. In Kuwait only a handful found out…then came the internet…and we found out… After world war 2 Germany revalued. Japan revalued… In the past Iran has revalued… Venezuela has revalued…look throughout history. In the past it was always the elite who profited and could take advantage of it. They were profiting off of war.
2-7-2020 Intel Guru BobTheTaxMan Question "Let's say you don't have the receipt for the dinar when you purchased - you don't need that to exchange do you?" No. Now earlier in this crazy game we're involved in there was an idea that you were going to have to have the original date of purchase because they thought it was going to be capital gains. In reality it's not. It's going to be ordinary income. It's going to be no different from exchanging currency you currently have in your pocket. It's not going to matter. So don't worry about that part...[Consult with financial and tax professionals at the appropriate time.]
2-6-2020 Intel Guru MarkZ [via PDK] If you look at the Kuwaiti Dinar it floated up to a high of $9.88 US during its revaluation and if you look at it today its valued at about $3.75 US if you were to look it up. Keep in mind years ago if you were to buy kuwaity dinar you could have bought it for $800-$900 US per million. So those screaming about “It’s never going to happen” look at history. I know several people who participated in the Kuwaiti Dinar reset. Just know that things like the RV/reset really do happen...
2-6-2020 Newshound Guru Vital Brad ...the prime minister Allawi he spoke to the demonstrators...I think it [the speech] does a really good job of portraying where his heart's at and the change that he wants to make for the people of Iraq...I think that is a wonderful speech...they're wonderful words but being in this so long there have been a lot of prime ministers that have said wonderful words. Action is gonna be what really separates whether what he's saying is honorable and true or whether he's just giving lip service. But I really was touched by this speech...
2-6-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ BUSINESS NEWS: SERIOUS QUESTIONS ON THE APPRECIATION OF IRAQI DINAR" Quote: "...the “independence” of the CBI was compromised in negotiating and signing a ‘Stand-By Agreement’ with the IMF in late 2005." This refers to the first stand-by-agreement in 2005. We need to tie this in what happened in 2011-2018 and then into 2019 and how the independence of the CBI was compromised. So please don’t anyone tell me the CBI can reinstate anytime it wants to. This is NOT true. The CBI needs the permission and full support of the GOI which included the prime ministers cabinet and parliament. Now we see they also need the permission of the IMF...
2-6-2020 Intel Guru MarkZ [via PDK] [Do we have to wait for Iraq to clean up their mess?] I was told by my contacts in Iraq that the currency policy does not depend on the government. That is why a asset backed currency is so important. [Anything new on rates on the dinar?] I am still hearing the same thing…A street rate on the dinar of about $3.90 to $4...I am hearing the dong will release at .40 to .50 cents. And it will float to up around $2.00...
2-6-2020 Intel Guru BobTheTaxMan Question "Is dinar attached to a social security number -Is there anything special that needs to be done to exchange it?" No. The only reason why they ask for social security number is because of the intensifying of the rules and regulations chasing down terrorists. It just verifies you're a real person when you buy it. And that's its whole purpose. You'll see people selling dinar on eBay or Craig's List there's no social security number associated with any of that stuff. When they go to cash it in...they are not going to care where it came from. So don't worry about that. The only purpose in people asking for that social security number was for the dealerships so they could satisfy some of the IRS standards that are now in place. That's it. [Consult with your financial professional at the appropriate time.]
2-6-2020 Intel Guru Angel1 ...MTA [PM Allawi] is an extremely successful businessman...he has businesses all over England, UK, Lebanon, Morocco you name it. He has had successful businesses. Run huge corporations...we are seeing a direct reflection of what we have in the US. Trump is a businessman. We are getting incredible results because of it...And we are about to see incredible results because of it...he [Allawi] was in Washington several months ago doing what I like to call phase 1 of the interview. I believe he was interviewed for this very position that he's sitting in by Washington led by Trump...he gave an incredible speech on the importance of an increase of value to the Iraqi dinar. People ask me, 'what does the banking world think of MTA?' He's one of us. He's a businessman. He understands value...He is against corruption...this is who is in charge of Iraq now...Phase 2 - Iraq getting him onboard. He's now onboard. Phase 3 is implementation. I believe that's exactly where we are right now...
2-6-2020 Intel Guru Frank26 ...MTA [PM Allawi] has always been a pro advocate for the monetary reform. MTA is telling the citizens of Iraq he wants to activate the reforms in order to get the government going...he's waiting on the CBI to pass the baton [the new exchange rate] onto the GOI so they can do the economic reforms. This is called the monetary reform. And MTA wants both of them...
2-6-2020 Newshound Guru Adam Montana Article: "Iran desperately attempts to retain hold on Iraq" ...One great example of what's going on in the background - the stuff we don't see on the news...Iran is obviously making a last ditch effort to hold ground. Quote: "Iran on Sunday offered its full support for new Iraqi prime minister Mohammed Tawfiq Allawi and reiterated its backing for the government's demand for US forces to leave the country." Does anyone think Iran is going to win this ultimatum? I do not. Especially not with Allawi at the helm, who is presumably approved by greater powers than Iran. This is precisely why Iran is making their last ditch, desperate attempt to gain footing... and it looks like a failed attempt from the start. If Iran has any success whatsoever in this attempt, we are going to see it immediately. I can't wait to see this Iranian attempt fall on it's face!
2-6-2020 Newshound Guru Vital Brad ...the prime minister Allawi he spoke to the demonstrators...I think it [the speech] does a really good job of portraying where his heart's at and the change that he wants to make for the people of Iraq...I think that is a wonderful speech...they're wonderful words but being in this so long there have been a lot of prime ministers that have said wonderful words. Action is gonna be what really separates whether what he's saying is honorable and true or whether he's just giving lip service. But I really was touched by this speech...
2-6-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ BUSINESS NEWS: SERIOUS QUESTIONS ON THE APPRECIATION OF IRAQI DINAR" Quote: "...the “independence” of the CBI was compromised in negotiating and signing a ‘Stand-By Agreement’ with the IMF in late 2005." This refers to the first stand-by-agreement in 2005. We need to tie this in what happened in 2011-2018 and then into 2019 and how the independence of the CBI was compromised. So please don’t anyone tell me the CBI can reinstate anytime it wants to. This is NOT true. The CBI needs the permission and full support of the GOI which included the prime ministers cabinet and parliament. Now we see they also need the permission of the IMF...
2-6-2020 Intel Guru MarkZ [via PDK] [Do we have to wait for Iraq to clean up their mess?] I was told by my contacts in Iraq that the currency policy does not depend on the government. That is why a asset backed currency is so important. [Anything new on rates on the dinar?] I am still hearing the same thing…A street rate on the dinar of about $3.90 to $4...I am hearing the dong will release at .40 to .50 cents. And it will float to up around $2.00...
2-6-2020 Intel Guru BobTheTaxMan Question "Is dinar attached to a social security number -Is there anything special that needs to be done to exchange it?" No. The only reason why they ask for social security number is because of the intensifying of the rules and regulations chasing down terrorists. It just verifies you're a real person when you buy it. And that's its whole purpose. You'll see people selling dinar on eBay or Craig's List there's no social security number associated with any of that stuff. When they go to cash it in...they are not going to care where it came from. So don't worry about that. The only purpose in people asking for that social security number was for the dealerships so they could satisfy some of the IRS standards that are now in place. That's it. [Consult with your financial professional at the appropriate time.]
2-6-2020 Intel Guru Angel1 ...MTA [PM Allawi] is an extremely successful businessman...he has businesses all over England, UK, Lebanon, Morocco you name it. He has had successful businesses. Run huge corporations...we are seeing a direct reflection of what we have in the US. Trump is a businessman. We are getting incredible results because of it...And we are about to see incredible results because of it...he [Allawi] was in Washington several months ago doing what I like to call phase 1 of the interview. I believe he was interviewed for this very position that he's sitting in by Washington led by Trump...he gave an incredible speech on the importance of an increase of value to the Iraqi dinar. People ask me, 'what does the banking world think of MTA?' He's one of us. He's a businessman. He understands value...He is against corruption...this is who is in charge of Iraq now...Phase 2 - Iraq getting him onboard. He's now onboard. Phase 3 is implementation. I believe that's exactly where we are right now...
2-6-2020 Intel Guru Frank26 ...MTA [PM Allawi] has always been a pro advocate for the monetary reform. MTA is telling the citizens of Iraq he wants to activate the reforms in order to get the government going...he's waiting on the CBI to pass the baton [the new exchange rate] onto the GOI so they can do the economic reforms. This is called the monetary reform. And MTA wants both of them...
2-6-2020 Newshound Guru Adam Montana Article: "Iran desperately attempts to retain hold on Iraq" ...One great example of what's going on in the background - the stuff we don't see on the news...Iran is obviously making a last ditch effort to hold ground. Quote: "Iran on Sunday offered its full support for new Iraqi prime minister Mohammed Tawfiq Allawi and reiterated its backing for the government's demand for US forces to leave the country." Does anyone think Iran is going to win this ultimatum? I do not. Especially not with Allawi at the helm, who is presumably approved by greater powers than Iran. This is precisely why Iran is making their last ditch, desperate attempt to gain footing... and it looks like a failed attempt from the start. If Iran has any success whatsoever in this attempt, we are going to see it immediately. I can't wait to see this Iranian attempt fall on it's face!
2-5-2020 Intel Guru Angel1 ...I believe 30 days is enough time for the process to take place to reinstate the currency of Iraq...businessmen are now in charge...
2-5-2020 Newshound Guru Adam Montana Article: "Iraqi Kurdistan agrees with Baghdad on 2020 budget share" I LOVE that this is happening right now, with a new PM in place. The new PM could have thrown everything GOI into a tailspin. Instead, business is happening.
2-5-2020 Newshound Guru Kaperoni Here is a fact...according to the Prime Minister's economic advisor Muhammad Salih, Iraq is ninth in the world in terms of natural resources underground estimated at about 15–16 trillion dollars, whether in oil, phosphates, sulfur, silicon and other important raw materials. With that known, what makes one think the CBI could significantly overnight RV/RI the dinar with excess of 42 trillion in circulation? That would be giving away over two times the countries entire wealth! Not going to happen...
2-5-2020 Newshound/Intel Guru Mnt Goat Note how the demonstrators do not talk much, if any, about the currency auctions now? What happened was that after their first set of demands when they demanded the currency auctions end, the CBI came out and told them that currency reform was about to happen and was progressing but is stalled due to the instability by the demonstrators. So they then said they would continue again once the demonstrators when home and things settled down.
2-5-2020 Newshound Guru Jeff Article "Kurdistan region confirms readiness to abide by the terms of the agreement and hand over Baghdad revenues of 250 thousand barrels per day" This is a great article further confirming that the agreement between Kurdistan and Baghdad has not been implemented. It's waiting on the 2020 Budget approval to be implemented. Remember these are post rate change steps and agreements. That's why these types of agreements have never been activated or implemented before between Kurdistan and Baghdad. It's just more confirming great news...
2-5-2020 Newshound Guru Adam Montana ...We are a couple days past the presentation of the new (possibly interim) Prime Minister, and my sentiments thus far can be summarized in a word: HAPPY. The new PM was selected late last week. He's had less than a full week to screw it up, and he has not. Seriously - 5 days is plenty of time to drive the bus right off a cliff, and he has not. In fact, he's doing things right. ...I'll be candid - Tawfik Allawi was not my "top pick" for the new PM. But, current PM Allawi does have a very solid history of butting heads with Maliki, and that's about as solid of an endorsement as anyone should need...
2-5-2020 Intel Guru MarkZ [via PDK] Things from the news today pointing to us being close…At Redemption Centers part of them are in…part of them are on call. [Mark are we needing Iraq to complete their government for us to move forward to the RV?] Part of the move of the Global Currency Reset is the governments don’t matter as long as the assets are there so I am told it won’t matter. I am however being told we will see the government fall into place immediately on the reset or reinstatement of that value of the dinar.
2-5-2020 Intel Guru Bruce [via WiserNow] I want to remind everybody that we do feel like we are very, very close to this going...What we are seeing is we had an opportunity to go either today or tomorrow (Wed)...emphasis on ...(Wed)...all I can tell you is the redemption staff will be in tomorrow [Wednesday]... I think they are going to be prepared for a late morning start for setting appointments for us...Rates are continuing to climb as the Dinar did come back up on the screen – we heard that from our Forex contact... There’s not a whole lot to tell when you’re at the end of the ride - that’s pretty much where we are...everything is stationed – and ready to go...
2-5-2020 Newshound Guru Vital Brad ...looks like so far the little time Allawi has been in he's getting things done which is good. We want to set the government for this revaluation to take place. We want Iraq as stable as absolute possible...
2-5-2020 Newshound Guru Kaperoni ...guru Frank26...thinks some big RV/RI is going to happen and people are going to exchange their dinar at banks...It could take years for banks to ever include the dinar in there currency exchange portfolio because of it's volatility. Most banks by nature are very conservative so I wouldn't expect banks to jump in right away and add the dinar to their portfolio of exchangeable currencies. But even so, that is assuming there was some significant overnight event to raise the value of the dinar. Which won't happen...There is no overnight event call it whatever you want. Most of the same reasons still apply...there is over 42 trillion dinar in circulation and Iraq never could afford any significant RV. Plus, if they ever did it would throw the whole economic system in Iraq into total chaos. Just not how economies and monetary policy work. The whole idea of an overnight significant RV is a fallacy. If the dinar is ever going to go up in value it's going to go up gradually over time via a float...
2-5-2020 Intel Guru Frank26 ...I believe a couple months ago Donald Trump invited MTA [PM Allawi]...MTA and Donald Trump talked about the monetary reform. And apparently when this guy came to Washington D.C. he gave a complete pre-interview to many business owners of Iraq...this happened 4 or 5 months ago...When he came to see Donald Trump I believe he passed Donald Trump's litmus test...He was being interviewed to be Prime Minister IMO...Donald Trump is a business genius mastermind...This was prepared way in advance in silence...All that MTA is saying right now in Iraq has been talked and discussed thoroughly by Trump and MTA many months ago...IMO Trump has a vision for Iraq...
2-5-2020 Newshound Guru Adam Montana Article: "Iraqi Kurdistan agrees with Baghdad on 2020 budget share" I LOVE that this is happening right now, with a new PM in place. The new PM could have thrown everything GOI into a tailspin. Instead, business is happening.
2-5-2020 Newshound Guru Kaperoni Here is a fact...according to the Prime Minister's economic advisor Muhammad Salih, Iraq is ninth in the world in terms of natural resources underground estimated at about 15–16 trillion dollars, whether in oil, phosphates, sulfur, silicon and other important raw materials. With that known, what makes one think the CBI could significantly overnight RV/RI the dinar with excess of 42 trillion in circulation? That would be giving away over two times the countries entire wealth! Not going to happen...
2-5-2020 Newshound/Intel Guru Mnt Goat Note how the demonstrators do not talk much, if any, about the currency auctions now? What happened was that after their first set of demands when they demanded the currency auctions end, the CBI came out and told them that currency reform was about to happen and was progressing but is stalled due to the instability by the demonstrators. So they then said they would continue again once the demonstrators when home and things settled down.
2-5-2020 Newshound Guru Jeff Article "Kurdistan region confirms readiness to abide by the terms of the agreement and hand over Baghdad revenues of 250 thousand barrels per day" This is a great article further confirming that the agreement between Kurdistan and Baghdad has not been implemented. It's waiting on the 2020 Budget approval to be implemented. Remember these are post rate change steps and agreements. That's why these types of agreements have never been activated or implemented before between Kurdistan and Baghdad. It's just more confirming great news...
2-5-2020 Newshound Guru Adam Montana ...We are a couple days past the presentation of the new (possibly interim) Prime Minister, and my sentiments thus far can be summarized in a word: HAPPY. The new PM was selected late last week. He's had less than a full week to screw it up, and he has not. Seriously - 5 days is plenty of time to drive the bus right off a cliff, and he has not. In fact, he's doing things right. ...I'll be candid - Tawfik Allawi was not my "top pick" for the new PM. But, current PM Allawi does have a very solid history of butting heads with Maliki, and that's about as solid of an endorsement as anyone should need...
2-5-2020 Intel Guru MarkZ [via PDK] Things from the news today pointing to us being close…At Redemption Centers part of them are in…part of them are on call. [Mark are we needing Iraq to complete their government for us to move forward to the RV?] Part of the move of the Global Currency Reset is the governments don’t matter as long as the assets are there so I am told it won’t matter. I am however being told we will see the government fall into place immediately on the reset or reinstatement of that value of the dinar.
2-5-2020 Intel Guru Bruce [via WiserNow] I want to remind everybody that we do feel like we are very, very close to this going...What we are seeing is we had an opportunity to go either today or tomorrow (Wed)...emphasis on ...(Wed)...all I can tell you is the redemption staff will be in tomorrow [Wednesday]... I think they are going to be prepared for a late morning start for setting appointments for us...Rates are continuing to climb as the Dinar did come back up on the screen – we heard that from our Forex contact... There’s not a whole lot to tell when you’re at the end of the ride - that’s pretty much where we are...everything is stationed – and ready to go...
2-5-2020 Newshound Guru Vital Brad ...looks like so far the little time Allawi has been in he's getting things done which is good. We want to set the government for this revaluation to take place. We want Iraq as stable as absolute possible...
2-5-2020 Newshound Guru Kaperoni ...guru Frank26...thinks some big RV/RI is going to happen and people are going to exchange their dinar at banks...It could take years for banks to ever include the dinar in there currency exchange portfolio because of it's volatility. Most banks by nature are very conservative so I wouldn't expect banks to jump in right away and add the dinar to their portfolio of exchangeable currencies. But even so, that is assuming there was some significant overnight event to raise the value of the dinar. Which won't happen...There is no overnight event call it whatever you want. Most of the same reasons still apply...there is over 42 trillion dinar in circulation and Iraq never could afford any significant RV. Plus, if they ever did it would throw the whole economic system in Iraq into total chaos. Just not how economies and monetary policy work. The whole idea of an overnight significant RV is a fallacy. If the dinar is ever going to go up in value it's going to go up gradually over time via a float...
2-5-2020 Intel Guru Frank26 ...I believe a couple months ago Donald Trump invited MTA [PM Allawi]...MTA and Donald Trump talked about the monetary reform. And apparently when this guy came to Washington D.C. he gave a complete pre-interview to many business owners of Iraq...this happened 4 or 5 months ago...When he came to see Donald Trump I believe he passed Donald Trump's litmus test...He was being interviewed to be Prime Minister IMO...Donald Trump is a business genius mastermind...This was prepared way in advance in silence...All that MTA is saying right now in Iraq has been talked and discussed thoroughly by Trump and MTA many months ago...IMO Trump has a vision for Iraq...
2-4-2020 Newshound Guru MilitiaMan Well it has been awhile since we have heard about the Iraq Stock Exchange. An look at what they are talking about. They are talking about a "MECHANISM FOR INCREASING THE RETURN ON BANK SHARES"! To increase banks share with a mechanism, at this stage is a change in value in what mechanism they use in the market place. If they are to interlink like we have heard in the past to the NASDAQ then the mechanism to be used is going to have to be a fairly large one to get the return they are looking for. Imo. A return is a profit...IMO. This bodes well for us...imo.
2-4-2020 Newshound Guru Chattels We will know better what we have or are dealing with better when we can see the names of the new cabinet nominees I hope. It occurs to me that Allawi is going to have to distance himself from even the appearance of impropriety of "connectedness" to political faction to have any chance of obtaining some approval from the protesters.
2-4-2020 Newshound/Intel Guru Mnt Goat Article: "UNCONFIRMED: MUHAMMED TAWFIQ ALAWI REFUSED BY IRAQ PROTESTORS but is accepted by the normal citizen." ...this news is unconfirmed but I think this is more of the Iranian protestors than the average Iraqi citizen. They are giving Allawi a bad rap even before they know of his policies. Let’s just watch and see what he does. We need him to push the CBI and support the “project to delete the zeros”. The support will come from the Finance committee of the cabinet. They will have to send a referendum to parliament for a vote. This will be our sign they are going to move ahead for sure. At least this is what I am not told by my CBI contact in Baghdad.
2-4-2020 Intel Guru MarkZ I am being told they are testing the digital aspect of our currency…the initial tests were done over the last 4 days or so...testing again today and tomorrow…we are very close. I am still told the currencies we have are all in one basket.
2-4-2020 Intel Guru Footforward In my opinion the dinar is taxable. It's capital gains. I will be talking to a good accountant and a tax lawyer... [Check with your tax professional at the appropriate time.]
2-4-2020 Intel Guru Frank26 ...once we sit this prime minister and we did didn't we! On the 1st of February, strictly my opinion, within a 30 day time frame we should see a change in the value of the currency. I'm being very sincere here. I'm excited about this guy. I like him. Let me tell you why...he has a long history in the government of Iraq...his history has been superior in supporting the Iraqi citizens...he was involved in financial committees of the GOI. He has expertise in finances...he's a business man...we have 18 bullet points of why Donald Trump picked this man...
2-4-2020 Newshound Guru Jeff [Question via pimpy] Everybody thinks it's [the RV] gonna happen the 1st quarter of this year...if for whatever reason it doesn't pop off, what's left? That's a hard one to answer because looking at everything they've done since the beginning of '19 I don't really think there is anything left...Iraq has done too much. I don't see how they cannot do it...IMO they're at the last step positioning the money for the rate change...
2-4-2020 Newshound Guru Chattels We will know better what we have or are dealing with better when we can see the names of the new cabinet nominees I hope. It occurs to me that Allawi is going to have to distance himself from even the appearance of impropriety of "connectedness" to political faction to have any chance of obtaining some approval from the protesters.
2-4-2020 Newshound/Intel Guru Mnt Goat Article: "UNCONFIRMED: MUHAMMED TAWFIQ ALAWI REFUSED BY IRAQ PROTESTORS but is accepted by the normal citizen." ...this news is unconfirmed but I think this is more of the Iranian protestors than the average Iraqi citizen. They are giving Allawi a bad rap even before they know of his policies. Let’s just watch and see what he does. We need him to push the CBI and support the “project to delete the zeros”. The support will come from the Finance committee of the cabinet. They will have to send a referendum to parliament for a vote. This will be our sign they are going to move ahead for sure. At least this is what I am not told by my CBI contact in Baghdad.
2-4-2020 Intel Guru MarkZ I am being told they are testing the digital aspect of our currency…the initial tests were done over the last 4 days or so...testing again today and tomorrow…we are very close. I am still told the currencies we have are all in one basket.
2-4-2020 Intel Guru Footforward In my opinion the dinar is taxable. It's capital gains. I will be talking to a good accountant and a tax lawyer... [Check with your tax professional at the appropriate time.]
2-4-2020 Intel Guru Frank26 ...once we sit this prime minister and we did didn't we! On the 1st of February, strictly my opinion, within a 30 day time frame we should see a change in the value of the currency. I'm being very sincere here. I'm excited about this guy. I like him. Let me tell you why...he has a long history in the government of Iraq...his history has been superior in supporting the Iraqi citizens...he was involved in financial committees of the GOI. He has expertise in finances...he's a business man...we have 18 bullet points of why Donald Trump picked this man...
2-4-2020 Newshound Guru Jeff [Question via pimpy] Everybody thinks it's [the RV] gonna happen the 1st quarter of this year...if for whatever reason it doesn't pop off, what's left? That's a hard one to answer because looking at everything they've done since the beginning of '19 I don't really think there is anything left...Iraq has done too much. I don't see how they cannot do it...IMO they're at the last step positioning the money for the rate change...
2-3-2020 Newshound Guru ChrisC Article: "The Prime Minister-designate began searching for his ministerial staff 45 days ago" ...months and months ago, Saleh met with Trump and at that point at least they were laying out a game plan. They met again and then once more recently, so, I am sure they have his cabinet picked to the last person. ...this is at a critical point for Iraq. Iran has lost a major grip on Iraq, but they still have their hand in there. The people have taken all they can stand and they can't stands no more, so they have to be calmed down. I think we will see his cabinet picked in record time and confirmed and the people will have their currency back and at that point, Iran will have to start withdrawing their hand or have it cut off...we will have to see what their move will be.
2-3-2020 Intel Guru MarkZ ...I spoke to folks all over and yes, they do believe this is our week …. I am sure you are as tired of hearing that as I am of saying it. But recently because I know we are so close I have had a peace settle into me…. I am no longer looking for it minute to minute because I know it’s going to happen. I feel really good about it. As for Redemption centers…they are back at work today...There is a lot of news happening this week. In Iraq…new Prime Minister and lots of talk about the budget…
2-3-2020 Newshound Guru Jeff ...Over the weekend they came out saying that Allawi the new PM might try to get his government formed within approximately 3 weeks. Another article came out saying they were going to open the path to reform and that's great news but the good thing...is they're talking in circles...they're just repeating all of the same information that they have. Clear since last year, reforms, reconstruction and the end result...they're waiting on the rate change. That's why they just keep repeating themselves talking in circles...they're showing you everything's waiting on the rate change including the approval process of the budget. We're looking good. Everything's moving in the right direction...
2-3-2020 Intel Guru Footforward [...Any thoughts on the dong?] I don't have dong. My opinion is the dinar will be far and away be the big winner. The issue hasn't ever been the laws or Iraq's government. They have long since finished the things that need to happen for the RV. It just needs to be activated. IMO.
2-3-2020 Newshound Guru Adam Montana [...I still would have preferred the other Allawi...] Agreed on the Allawi we got, but it is what it is and I don’t care who gets the job done as long as it gets done! Whether we see an RV this week or not, I’m very solid that we are going to have a much clearer picture over the next few days.
2-3-2020 Intel Guru Frank26 ...If we exchange at American banks do the dinars go to the United States Treasury? ...If you go to an American bank, yes. Let's say you you live in North western United States and you go to Key Bank and you exchange your dinar. Key Bank then gives you American currency electronic or physical then they take those dinars and they send those dinars to the US Treasury... Let's say...you happen to go into a bank that represents the CBI here in America and you exchange them. What is that bank gonna do? That bank even though it follows American banking laws has the ability to send that currency back to the CBI...they get their spread (profit) another way...
2-3-2020 Newshound Guru Jeff ...Iraq is looking really good. Everything's moving in the right direction...nothing in Iraq is speeding this up. Everything is moving at the same model speed it always has. Iraq has had a set date since early last year in '19. Nothing's going to speed this up or make it move faster. The whole challenge with the prime minister was just a coincidence. Over the weekend someone had jumped in and stated that once the PM comes in that will probably speed up the timing of rate change and wrap this thing up in 30 days after the PM...none of that is accurate...they've go a set calendar date. It's most likely a fiscal year so that would put them right on par with Kuwait.
2-3-2020 Newshound/Intel Guru BGG [reference sandyf post 2-2-2020] We have published the facts (with News based sources) regarding this scenario for a long time. Regarding the IQD, the correct terminology is “A CHANGE IN VALUE – or APPRECIATION”, particularly when the IQD is referred to (almost universally) as GROSSLY UNDERVALUED.
2-3-2020 Intel Guru MarkZ ...I spoke to folks all over and yes, they do believe this is our week …. I am sure you are as tired of hearing that as I am of saying it. But recently because I know we are so close I have had a peace settle into me…. I am no longer looking for it minute to minute because I know it’s going to happen. I feel really good about it. As for Redemption centers…they are back at work today...There is a lot of news happening this week. In Iraq…new Prime Minister and lots of talk about the budget…
2-3-2020 Newshound Guru Jeff ...Over the weekend they came out saying that Allawi the new PM might try to get his government formed within approximately 3 weeks. Another article came out saying they were going to open the path to reform and that's great news but the good thing...is they're talking in circles...they're just repeating all of the same information that they have. Clear since last year, reforms, reconstruction and the end result...they're waiting on the rate change. That's why they just keep repeating themselves talking in circles...they're showing you everything's waiting on the rate change including the approval process of the budget. We're looking good. Everything's moving in the right direction...
2-3-2020 Intel Guru Footforward [...Any thoughts on the dong?] I don't have dong. My opinion is the dinar will be far and away be the big winner. The issue hasn't ever been the laws or Iraq's government. They have long since finished the things that need to happen for the RV. It just needs to be activated. IMO.
2-3-2020 Newshound Guru Adam Montana [...I still would have preferred the other Allawi...] Agreed on the Allawi we got, but it is what it is and I don’t care who gets the job done as long as it gets done! Whether we see an RV this week or not, I’m very solid that we are going to have a much clearer picture over the next few days.
2-3-2020 Intel Guru Frank26 ...If we exchange at American banks do the dinars go to the United States Treasury? ...If you go to an American bank, yes. Let's say you you live in North western United States and you go to Key Bank and you exchange your dinar. Key Bank then gives you American currency electronic or physical then they take those dinars and they send those dinars to the US Treasury... Let's say...you happen to go into a bank that represents the CBI here in America and you exchange them. What is that bank gonna do? That bank even though it follows American banking laws has the ability to send that currency back to the CBI...they get their spread (profit) another way...
2-3-2020 Newshound Guru Jeff ...Iraq is looking really good. Everything's moving in the right direction...nothing in Iraq is speeding this up. Everything is moving at the same model speed it always has. Iraq has had a set date since early last year in '19. Nothing's going to speed this up or make it move faster. The whole challenge with the prime minister was just a coincidence. Over the weekend someone had jumped in and stated that once the PM comes in that will probably speed up the timing of rate change and wrap this thing up in 30 days after the PM...none of that is accurate...they've go a set calendar date. It's most likely a fiscal year so that would put them right on par with Kuwait.
2-3-2020 Newshound/Intel Guru BGG [reference sandyf post 2-2-2020] We have published the facts (with News based sources) regarding this scenario for a long time. Regarding the IQD, the correct terminology is “A CHANGE IN VALUE – or APPRECIATION”, particularly when the IQD is referred to (almost universally) as GROSSLY UNDERVALUED.
2-2-2020 Intel Guru Frank26 Question "Now that a progressive Prime Minister has been named and his cabinet apparently set what is the time-frame for the RI in your opinion?" I don't know but inside that thirty days that he has to pick his new cabinet that's what we're hoping. That the baton will be passed from the CBI to the GOI. It would be an opportune time cause you would have the GOI physically ready to accept the new rate. The new currency...
2-2-2020 Newshound Guru Adam Montana Those things are simple: 1. Something, anything, to immediately show that he is "anti-Iran"...and 2. Something, anything, to immediately show that he is anti-status-quo and anti-Maliki. These things are easy! And they can be accomplished this week. If he does these things, the protests will subside, and we are fast tracking. THIS WEEK, my friends! We are either going to see an RV or we are going to have a very solid picture of the actual "when", and I see it happening quick. I don't care if it's a penny, a dime, a dollar, or a full RI - we're looking at some good stuff. [post 2 of 2]
2-2-2020 Newshound Guru Adam Montana ...as of yesterday, Iraq has a new Prime Minister..."Mohammed Tawfik Allawi"...There is talk about protests continuing due to his appointment, but I'm leaning towards "fake news" on that one. It would not surprise me at all to learn that the "protests" being referenced are paid for by Iranian or Malikian sources...If this new PM Allawi shows immediate action on two items, we are on the fastest track to an RV we could hope for. [post 1 of 2....stay tuned]
2-2-2020 Intel Guru Footforward You don't need to worry about who the next PM will be in Iraq. Why? Iran isn't controlling Iraq anymore. Trump and Kushner are...IMO... Things will not look all perfect in Iraq before the RV. It matters less who the PM is and more so that Iran's proxies are dealt with. The proxies ARE being dealt with.
2-2-2020 Intel Guru Frank26 Do we have a new prime minister today? Oh, yes! ...Isn't that the guy they [the protesters] wanted? ...it's confusing...they all have the common cause, they don't want Iran...I don't really care who they pick...what if this is the guy that maybe is being put into this position as intern mainly just to fill in the spot so that nobody votes for him in the first place...the real guy we want we'll make sure he gets put in through a vote...the key thing is we have a Prime Minister...
2-2-2020 Newshound Guru Kaperoni A new PM is a good thing, but only a first step. Could still be weeks, months before conditions are right to begin reforms and the creation of a market/private sector. ...Much work to be done. Need a cabinet, laws, stability and an acceptable environment for investors.
2-2-2020 Intel/Newshound Guru sandyf [Kuwait tried to work with Iraq on how they RI'd their currency in 1991 but left on deaf eyes. Kuwait's currency went from 0.05 usd to 3.48 usd.] That is a dinarland myth. During the occupation the national currency of Kuwait was the IQD...the KWD was unrecognized and the currency had no value. The IQD has always been the national currency of Iraq and as such cannot possibly be reinstated. Some try and claim the value would be reinstated, more rubbish, that would be a revaluation.
2-2-2020 Newshound Guru Adam Montana Those things are simple: 1. Something, anything, to immediately show that he is "anti-Iran"...and 2. Something, anything, to immediately show that he is anti-status-quo and anti-Maliki. These things are easy! And they can be accomplished this week. If he does these things, the protests will subside, and we are fast tracking. THIS WEEK, my friends! We are either going to see an RV or we are going to have a very solid picture of the actual "when", and I see it happening quick. I don't care if it's a penny, a dime, a dollar, or a full RI - we're looking at some good stuff. [post 2 of 2]
2-2-2020 Newshound Guru Adam Montana ...as of yesterday, Iraq has a new Prime Minister..."Mohammed Tawfik Allawi"...There is talk about protests continuing due to his appointment, but I'm leaning towards "fake news" on that one. It would not surprise me at all to learn that the "protests" being referenced are paid for by Iranian or Malikian sources...If this new PM Allawi shows immediate action on two items, we are on the fastest track to an RV we could hope for. [post 1 of 2....stay tuned]
2-2-2020 Intel Guru Footforward You don't need to worry about who the next PM will be in Iraq. Why? Iran isn't controlling Iraq anymore. Trump and Kushner are...IMO... Things will not look all perfect in Iraq before the RV. It matters less who the PM is and more so that Iran's proxies are dealt with. The proxies ARE being dealt with.
2-2-2020 Intel Guru Frank26 Do we have a new prime minister today? Oh, yes! ...Isn't that the guy they [the protesters] wanted? ...it's confusing...they all have the common cause, they don't want Iran...I don't really care who they pick...what if this is the guy that maybe is being put into this position as intern mainly just to fill in the spot so that nobody votes for him in the first place...the real guy we want we'll make sure he gets put in through a vote...the key thing is we have a Prime Minister...
2-2-2020 Newshound Guru Kaperoni A new PM is a good thing, but only a first step. Could still be weeks, months before conditions are right to begin reforms and the creation of a market/private sector. ...Much work to be done. Need a cabinet, laws, stability and an acceptable environment for investors.
2-2-2020 Intel/Newshound Guru sandyf [Kuwait tried to work with Iraq on how they RI'd their currency in 1991 but left on deaf eyes. Kuwait's currency went from 0.05 usd to 3.48 usd.] That is a dinarland myth. During the occupation the national currency of Kuwait was the IQD...the KWD was unrecognized and the currency had no value. The IQD has always been the national currency of Iraq and as such cannot possibly be reinstated. Some try and claim the value would be reinstated, more rubbish, that would be a revaluation.
2-2-2020 **** Dinar Guru News Flash **** It's "official" - Iraq has a new Prime Minister. Mohammad Allawi. He is an interim prime minister and is expected to serve until new elections are held. It's unclear if new PM Allawi will stick. Many of the protester have rejected his nomination. He comes with a mixed political history. He was Maliki's communications minister BUT he resigned claiming corruption in Maliki's government. Some gurus feel he is a good compromise choice - he's someone the pro-Iranian government official can accept and he's someone the protestors can believe will support Iraq and not Iran. Many gurus felt the dinar reform could not more forward without a new prime minister in place. Stay tuned as this story unfolds! The latest Guru posts will continue below...
2-1-2020 Intel Guru Delta Article: "Tawfiq Allawi thanks Saleh for assigning him to form a government and pledges to prepare for early elections" IT'S A DONE DEAL IT'S ALL OVER THE NEWS IN IRAQ...THE PM THAT WAS ELECTED WILL BE IN POWER UNTIL THE NEXT ELECTION. AND NO...WE DON'T HAVE TO WAIT UNTIL THE NEXT ELECTION TO MR. (Monetary Reform) THE CBI IS MOVING FORWARD AND THEY CAN'T GO BACK IT'S A ONE WAY STREET NOW. IMO THEY HAVE A DATE SET. ...THE CBI TOLD US...THEY MADE THEIR MIND AND THEY ARE MOVING FORWARD NO MATTER WHAT AND THAT IS FACT NOT OPINION! ...PM IS AN IMPORTANT FACTOR...BUT CBI CAN'T HOLD IT THAT LONG ANYMORE...
2-1-2020 Newshound Guru Chattels "In Iraq, Mohammed Allawi official nominee to be next PM after political blocs reach agreement." It would appear that these reports confirm Allawi as the PM designate. Allawi will propose Ministers and he with them must be "elected" by the Parliament individually. Remember Allawi may only be the interim PM until the new elections. Allawi's nominees for ministry position will be as interim with his government.
2-1-2020 Newshound/Intel Guru Mnt Goat Article quote: "An informed political source revealed, on Saturday, the political blocs agree on assigning candidate Mohammed Allawi to head the government this afternoon. The source said to "Al-Alkhbaria" that "the political blocs agreed to name Muhammad Tawfig Allawi as prime minister after the approval of all parties."
2-1-2020 Newshound Guru Kaperoni The Iraqi president has chosen a new prime minister to form a government... Muhammad Tawfiq Allawi. Hope this one holds and everyone can agree.
2-1-2020 Newshound Guru MilitiaMan ...videos...showed the money being destroyed and them having been given orders to complete the Monetary Reforms, all support that we are waiting on the CBI to show they exchange rate...they have no choice but to follow the orders and imo from the totality of it all they are following the orders to full the wants of the citizens...So, let see what they CBI drags in... [post 3 of 3]
2-1-2020 Newshound Guru MilitiaMan ...the GOI is hiding something. So is the CBI. They are hiding the 2019 Financial Management Law Amendment that needs to precede the 2020 budget law and the new small category notes with fils. The CBI has the ability to hide things for sensitive reasons. A large move in an exchange rate would need to be on the hush hush side of things. Hence the exchange rate was hidden all this time. The CBI statistical pattern changes support that view. What else support they are not playing ball with a program rate...Is, they destroyed good quality notes in massive quantities, they spent $190 billion to print new notes and coins (fils) and they are said to be delivered to banks now. [post 2 of 3....stay tuned]
2-1-2020 Newshound Guru MilitiaMan Article: "Al-Tamimi: The government completed the budget before it resigned, and we do not know why it was not sent" Quote: "the government could have sent the 2020 budget in mid-October last year," stating that "the government completed the budget before announcing its resignation, so what is the secret that prompted the government to refrain from sending the project?" Al Tamimi states that the 2020 budget law has apparently been hidden since October 2019...since then, the 2019 Financial management Law Amendment has not been shown...As that would expose the new international exchange rate. ...To hide the data is for a reason. That reason is not for Iraq to be at a program rate. Just as Dr. Shabibi has imo suggested that they can not give it to parliament as they would leak it. Hiding it until appropriate is evidently what they had in mind and did. [post 1 of 3....stay tuned]
2-1-2020 Newshound Guru Kaperoni Until they get a new prime minister, a cabinet, and get things back on track there will be no currency reform. Iraq still needs to pass laws, implement those laws and create the conditions investors are looking for to rebuild the country.
2-1-2020 Newshound Guru Jeff ...when Iraq had their internal differences typically a representative inside the U.S. Embassy in Iraq would meet with them. Coach them...help them resolve their political differences...after Mahdi resigned at the beginning of December just roughly a week later Salih flew to Washington to meet with Trump...Approximately 24 days later they amended the election law...and then they amended the Financial Management Law...remember this is a classified event. That's why they have to mislead us and make Iraq look more unstable than it really is. IMO I firmly believe the formation of the government is complete...the budget and everything in Iraq right now is waiting on the rate change. That has to happen first, then everything else including the budget can start...
2-1-2020 Newshound Guru Chattels "In Iraq, Mohammed Allawi official nominee to be next PM after political blocs reach agreement." It would appear that these reports confirm Allawi as the PM designate. Allawi will propose Ministers and he with them must be "elected" by the Parliament individually. Remember Allawi may only be the interim PM until the new elections. Allawi's nominees for ministry position will be as interim with his government.
2-1-2020 Newshound/Intel Guru Mnt Goat Article quote: "An informed political source revealed, on Saturday, the political blocs agree on assigning candidate Mohammed Allawi to head the government this afternoon. The source said to "Al-Alkhbaria" that "the political blocs agreed to name Muhammad Tawfig Allawi as prime minister after the approval of all parties."
2-1-2020 Newshound Guru Kaperoni The Iraqi president has chosen a new prime minister to form a government... Muhammad Tawfiq Allawi. Hope this one holds and everyone can agree.
2-1-2020 Newshound Guru MilitiaMan ...videos...showed the money being destroyed and them having been given orders to complete the Monetary Reforms, all support that we are waiting on the CBI to show they exchange rate...they have no choice but to follow the orders and imo from the totality of it all they are following the orders to full the wants of the citizens...So, let see what they CBI drags in... [post 3 of 3]
2-1-2020 Newshound Guru MilitiaMan ...the GOI is hiding something. So is the CBI. They are hiding the 2019 Financial Management Law Amendment that needs to precede the 2020 budget law and the new small category notes with fils. The CBI has the ability to hide things for sensitive reasons. A large move in an exchange rate would need to be on the hush hush side of things. Hence the exchange rate was hidden all this time. The CBI statistical pattern changes support that view. What else support they are not playing ball with a program rate...Is, they destroyed good quality notes in massive quantities, they spent $190 billion to print new notes and coins (fils) and they are said to be delivered to banks now. [post 2 of 3....stay tuned]
2-1-2020 Newshound Guru MilitiaMan Article: "Al-Tamimi: The government completed the budget before it resigned, and we do not know why it was not sent" Quote: "the government could have sent the 2020 budget in mid-October last year," stating that "the government completed the budget before announcing its resignation, so what is the secret that prompted the government to refrain from sending the project?" Al Tamimi states that the 2020 budget law has apparently been hidden since October 2019...since then, the 2019 Financial management Law Amendment has not been shown...As that would expose the new international exchange rate. ...To hide the data is for a reason. That reason is not for Iraq to be at a program rate. Just as Dr. Shabibi has imo suggested that they can not give it to parliament as they would leak it. Hiding it until appropriate is evidently what they had in mind and did. [post 1 of 3....stay tuned]
2-1-2020 Newshound Guru Kaperoni Until they get a new prime minister, a cabinet, and get things back on track there will be no currency reform. Iraq still needs to pass laws, implement those laws and create the conditions investors are looking for to rebuild the country.
2-1-2020 Newshound Guru Jeff ...when Iraq had their internal differences typically a representative inside the U.S. Embassy in Iraq would meet with them. Coach them...help them resolve their political differences...after Mahdi resigned at the beginning of December just roughly a week later Salih flew to Washington to meet with Trump...Approximately 24 days later they amended the election law...and then they amended the Financial Management Law...remember this is a classified event. That's why they have to mislead us and make Iraq look more unstable than it really is. IMO I firmly believe the formation of the government is complete...the budget and everything in Iraq right now is waiting on the rate change. That has to happen first, then everything else including the budget can start...
1-31-20 20 Intel Guru Frank26 ...IMO when they give you the Prime Minister somewhere in that ballpark range of 30 days I believe they are going to release the new rate and new small category notes...the prime minister that the citizens want will be granted to them IMO by the United States of America at a specific time where that time-frame we believe they will release the new rate and the new currency...
1-31-2020 Intel Guru Bruce [via Wiser Now] ...Now, there are so many different aspects of this – this is definitely a moving target... But we also know that things are happening to make all of this to come together for us behind the scenes...Well, I think that even though I would like to get this thing over night or Saturday early morning the best information we’re getting from our bank sources – is pointing more toward Monday for toll free numbers...we could possibly start Monday afternoon ...Some people put out the possibility of a toll free number...to come out during the super bowl...I do not agree with that possibility - if it happens... SUPER...this weekend could be a really interesting weekend...
1-31-2020 Intel Guru AdminBill [via PDK] THERE IS EVERY REASON TO BELIEVE THAT FEBRUARY WILL BE A GOOD MONTH FOR CURRENCY HOLDERS...
1-31-2020 Newshound Guru Jeff Article Quote "The budget bill is compete and will be sent immediately to the parliament after the formation of the new government" ...that's great news because that's just telling us everything...demonstrators demands, article 140, HCL, the budget everything with the country of Iraq is very clearly waiting on the rate change...
1-31-2020 Newshound Guru Kaperoni ...guru Jeff says Iraq cant do a damn thing until their is a rate change. ...Of course the can and will...
1-31-2020 Intel Guru MarkZ [via PDK] Here we are at Jan 31st, and it always irritates me that they let another month slip by...My redemption center folks will be on call all weekend. [We hear from other gurus that give their opinion but why doesn’t anybody ever hear from bank personnel, exchange center people, people in Iraq...?] ...because most of them are under very strict NDA's.
1-31-2020 Newshound Guru Jeff ...the 2020 budget can only be implemented at the start of a fiscal year...they're most likely transitioning to a new fiscal year which will most likely start on April 1st...April 1st through the end of March in the 1970's was Iraq's fiscal year which is identical to Kuwait's fiscal year today. That's why Kuwait had changed the [their] rate towards the end of March...there are no delays. There are no holdups. If you want to say there's a delay or hold up you know what it is? It's called the rate change...Iraq can't do a damn thing until that rate change. They can't even start the approval process of the budget until the rate changes...more factual evidence supports Q1...Iraq is walking in Kuwait's footsteps...
1-31-2020 Newshound Guru Chattels It is Holy Day in Iraq. Not a lot of news today. Tomorrow could be a watershed day in the history of Iraq. Can Iraq's competing factions decide upon a Prime Minister for all? The prospects and opportunity over time for good government are not without limits. Iraq is running out of time, IMO.
1-31-2020 Newshound/Intel Guru Mnt Goat Article: Reuters Thu Apr 12, 2012 "IRAQ HALTS PLANS TO CUT ZEROS OFF DINAR CURRENCY-CABINET" Quote: "...a statement on the website of the cabinet secretary said THE CABINET HAD DECIDED TO HALT ALL PROCEDURES RELATING TO THE REDENOMINATION OF THE DINAR "UNTIL FURTHER NOTICE". So why is this old article from 2012 important? It is important because...it shows us they do plan to delete the zeros and redenominate the currency and so this is real not just a get rich quick scheme or scam.
1-31-2020 Intel Guru Bruce [via Wiser Now] ...Now, there are so many different aspects of this – this is definitely a moving target... But we also know that things are happening to make all of this to come together for us behind the scenes...Well, I think that even though I would like to get this thing over night or Saturday early morning the best information we’re getting from our bank sources – is pointing more toward Monday for toll free numbers...we could possibly start Monday afternoon ...Some people put out the possibility of a toll free number...to come out during the super bowl...I do not agree with that possibility - if it happens... SUPER...this weekend could be a really interesting weekend...
1-31-2020 Intel Guru AdminBill [via PDK] THERE IS EVERY REASON TO BELIEVE THAT FEBRUARY WILL BE A GOOD MONTH FOR CURRENCY HOLDERS...
1-31-2020 Newshound Guru Jeff Article Quote "The budget bill is compete and will be sent immediately to the parliament after the formation of the new government" ...that's great news because that's just telling us everything...demonstrators demands, article 140, HCL, the budget everything with the country of Iraq is very clearly waiting on the rate change...
1-31-2020 Newshound Guru Kaperoni ...guru Jeff says Iraq cant do a damn thing until their is a rate change. ...Of course the can and will...
1-31-2020 Intel Guru MarkZ [via PDK] Here we are at Jan 31st, and it always irritates me that they let another month slip by...My redemption center folks will be on call all weekend. [We hear from other gurus that give their opinion but why doesn’t anybody ever hear from bank personnel, exchange center people, people in Iraq...?] ...because most of them are under very strict NDA's.
1-31-2020 Newshound Guru Jeff ...the 2020 budget can only be implemented at the start of a fiscal year...they're most likely transitioning to a new fiscal year which will most likely start on April 1st...April 1st through the end of March in the 1970's was Iraq's fiscal year which is identical to Kuwait's fiscal year today. That's why Kuwait had changed the [their] rate towards the end of March...there are no delays. There are no holdups. If you want to say there's a delay or hold up you know what it is? It's called the rate change...Iraq can't do a damn thing until that rate change. They can't even start the approval process of the budget until the rate changes...more factual evidence supports Q1...Iraq is walking in Kuwait's footsteps...
1-31-2020 Newshound Guru Chattels It is Holy Day in Iraq. Not a lot of news today. Tomorrow could be a watershed day in the history of Iraq. Can Iraq's competing factions decide upon a Prime Minister for all? The prospects and opportunity over time for good government are not without limits. Iraq is running out of time, IMO.
1-31-2020 Newshound/Intel Guru Mnt Goat Article: Reuters Thu Apr 12, 2012 "IRAQ HALTS PLANS TO CUT ZEROS OFF DINAR CURRENCY-CABINET" Quote: "...a statement on the website of the cabinet secretary said THE CABINET HAD DECIDED TO HALT ALL PROCEDURES RELATING TO THE REDENOMINATION OF THE DINAR "UNTIL FURTHER NOTICE". So why is this old article from 2012 important? It is important because...it shows us they do plan to delete the zeros and redenominate the currency and so this is real not just a get rich quick scheme or scam.
1-30-2020 Intel Guru Footforward Article quote: "Sairoon & Fatah Coalitions agree on nomination of Mohammed Allawi as next PM." Mohamed is the guy we want...Alot of news going around. I do expect Allawi to be the next PM. [Did you think will see dr. Shabibi involved in the new government?] I sure hope so but it doesn't look like it at the moment. But that can change. They may make him the finance minister.
1-30-2020 Newshound/Intel Guru Mnt Goat So how can Iraq fix this mess? They MUST select a new prime minister that is pro-Iraqi and not go along with this plan to block the project to delete the zeros and redenominate the currency (currency reform) by Iran anymore...At this junction in Iraq this currency reform is a critical reform...needed NOW if Iraq is to move ahead with reconstruction and attracting investors. It is needed even for the deal with China and don’t forget the same sort of deal is also on the table with the US. ... So the protestors have been told by the CBI this demand is coming shortly and would have already happened if not for this mess... So how long will the protestors wait for this demand to happen? ...There is still a ton of gold at the end of the rainbow for us but we just have to wait until the storm is over... [post 2 of 2]
1-30-2020 Newshound/Intel Guru Mnt Goat ...in April 2012 the currency auctions has increased daily from 150 million to 400 million and the money was being funneled to Syria and Iran. Today we know that in 2019 alone nearly $40 billion dollars was stolen out of the CBI this way. So, the corruption with the currency auctions had already begun even back in 2012 and has been ongoing since. So could this be why Maliki wanted to halt the redenomination Dr Shabibi was moving ahead with? Shabibi's plans to redenominate would have stopped the currency auctions and ended this "piggy bank" for Iran and Syria. ...Fast forward to today 2020. Could this be why Iran insists on having a pro-Iranian prime minister? Could this be why the CBI is deadly afraid of conducting the redenomination without the FULL support of the GOI and the prime minister?... [post 1 of 2....stay tuned]
1-30-2020 Newshound Guru Adam Montana Article: "Iran cannot access $5 billion of its energy money in Iraq: Official" Quote: "Iran’s money from exports of gas and electricity has piled up to $5 billion in a bank account in Iraq, but Tehran cannot transfer it because of the US sanctions, an official says." US sanctions are starting to play a huuuuuuuuge role in separating Iran and Iraq. Anyone who thinks we don't have a hand in this is simply not looking at the whole picture.
1-30-2020 Intel Guru MarkZ Very little news last night…Zurich is still waiting…sitting in a conference room waiting on the release. I am looking for things to start happening in the next 2 days.
1-30-2020 Newshound Guru Jeff ...What is the deficit? They told us in the news it's simply the reforms which is the number one thing the demonstrators are requesting and seeking...the demonstrators want the reforms. The reforms are the deficit within the budget. That's post rate change...you have a lot of post rate change steps in the 2020 budget proving to you that the 2020 budget is married to the rate change and can only happen after the rate has changed. That's why they're delaying this 2020 budget. They said they're delaying the budget due to the formation of the government but that's a complete lie...they're trying to use formation of the government as an excuse or scapegoat...they can't tell you everything...in reality they can't approve the budget until after the rate change...
1-30-2020 Intel Guru Frank26 ...Allaq IMO was scheduled by the CBI to announce to the citizens the new category notes, the descriptions of them, the exchange rate, the reason for the removal of the 3 zeros, everything. But every weekend there seems to be something that stops it. IMO right now the CBI is huddling up with all its banks. And everything Allaq was about to release is what they are reviewing and going over. They know everything they want to do. Ironically the only thing they don't know is a date.
1-30-2020 Newshound/Intel Guru Mnt Goat So how can Iraq fix this mess? They MUST select a new prime minister that is pro-Iraqi and not go along with this plan to block the project to delete the zeros and redenominate the currency (currency reform) by Iran anymore...At this junction in Iraq this currency reform is a critical reform...needed NOW if Iraq is to move ahead with reconstruction and attracting investors. It is needed even for the deal with China and don’t forget the same sort of deal is also on the table with the US. ... So the protestors have been told by the CBI this demand is coming shortly and would have already happened if not for this mess... So how long will the protestors wait for this demand to happen? ...There is still a ton of gold at the end of the rainbow for us but we just have to wait until the storm is over... [post 2 of 2]
1-30-2020 Newshound/Intel Guru Mnt Goat ...in April 2012 the currency auctions has increased daily from 150 million to 400 million and the money was being funneled to Syria and Iran. Today we know that in 2019 alone nearly $40 billion dollars was stolen out of the CBI this way. So, the corruption with the currency auctions had already begun even back in 2012 and has been ongoing since. So could this be why Maliki wanted to halt the redenomination Dr Shabibi was moving ahead with? Shabibi's plans to redenominate would have stopped the currency auctions and ended this "piggy bank" for Iran and Syria. ...Fast forward to today 2020. Could this be why Iran insists on having a pro-Iranian prime minister? Could this be why the CBI is deadly afraid of conducting the redenomination without the FULL support of the GOI and the prime minister?... [post 1 of 2....stay tuned]
1-30-2020 Newshound Guru Adam Montana Article: "Iran cannot access $5 billion of its energy money in Iraq: Official" Quote: "Iran’s money from exports of gas and electricity has piled up to $5 billion in a bank account in Iraq, but Tehran cannot transfer it because of the US sanctions, an official says." US sanctions are starting to play a huuuuuuuuge role in separating Iran and Iraq. Anyone who thinks we don't have a hand in this is simply not looking at the whole picture.
1-30-2020 Intel Guru MarkZ Very little news last night…Zurich is still waiting…sitting in a conference room waiting on the release. I am looking for things to start happening in the next 2 days.
1-30-2020 Newshound Guru Jeff ...What is the deficit? They told us in the news it's simply the reforms which is the number one thing the demonstrators are requesting and seeking...the demonstrators want the reforms. The reforms are the deficit within the budget. That's post rate change...you have a lot of post rate change steps in the 2020 budget proving to you that the 2020 budget is married to the rate change and can only happen after the rate has changed. That's why they're delaying this 2020 budget. They said they're delaying the budget due to the formation of the government but that's a complete lie...they're trying to use formation of the government as an excuse or scapegoat...they can't tell you everything...in reality they can't approve the budget until after the rate change...
1-30-2020 Intel Guru Frank26 ...Allaq IMO was scheduled by the CBI to announce to the citizens the new category notes, the descriptions of them, the exchange rate, the reason for the removal of the 3 zeros, everything. But every weekend there seems to be something that stops it. IMO right now the CBI is huddling up with all its banks. And everything Allaq was about to release is what they are reviewing and going over. They know everything they want to do. Ironically the only thing they don't know is a date.
1-29-2020 Intel Guru MarkZ [via PDK] I am hearing the [Dong] rate will come out at .47 and float up…Its already traded and I really think it will be the “sleeper” in the GCR…low cost and potentially great return.
1-29-2020 Newshound Guru Jeff Article: "Parliament Finance: The draft budget law will be sent by the Council of Ministers on April" ...why is it important to know what's going on with the budget? The country of Iraq has never approved a budget this late before. Every year for the last 11 or 10 years they've typically had the budget done...and...passed the budget off to Parliament by December...they typically finish February to March. This is the first time in their history that in 11 years that I've actually ever seen them delay a budget until April. That's very significant. IMO that's telling us they are waiting until after the rate change. Remember the budget itself will not contain a rate but it's pegged to the rate. That's why they have to wait...
1-29-2020 Newshound Guru Adam Montana I don't have an RV date to give you. But I do believe that towards the end of this week, we're going to have a reasonable amount of information to use in making such a prediction. And I also think it's going to be extremely favorable. Time will tell if I'm right...and there are some of you who are going to reap some amazing benefits. [post 3 of 3]
1-29-2020 Newshound Guru Adam Montana The barriers that have kept an RV from happening are being eroded, and quickly. I know, that's not what is in the headlines...but that's what is really going on. Where we are today, then, is on the cusp of some serious change...The facts are right in front of us - we have never seen this kind of change, and it's happening on top of everything else that Iraq has accomplished. Will we see a new Prime Minister this week? Possibly yes! There may be one final attempt to slip in someone with Iranian backing, but that will fall on it's face, and my prediction is that the people are going to get what they want. As that happens, Iran's grip on Iraq is going to be severely weakened, and things are going to happen. Fast. [post 2 of 3....stay tuned]
1-29-2020 Newshound Guru Adam Montana The big news going on right now in Iraq is the impending selection of a Prime Minister. Over the years, we have witnessed a series of Iraqi politicians that were really Iranian puppets...they were not looking out for Iraq. As of last October, there has been a major shift in Iraq. The people protested, rioted, and demanded change. The face of their demands was simply to improve their lives, but the heart of the matter comes down to removing the Iranian factors. This is the main reason there is no Prime Minister in the place of Mahdi already. ...between the Iraqi's recent protests, and a bit of US and other outside influences, the Iranian factor is being whittled down. [post 1 of 3....stay tuned]
1-29-2020 Intel Guru Bruce [via WiserNow] Now all redemption staff...are on a 45 minute readiness program...they are to be in the bank...ready to go... We know that in the past few days that there have been exchanges by VIP’s internationally in other countries...we know that people as late as today are being asked by some foreign countries to exchange their Dong – at a reasonable front screen rate...we do know that things are looking very good for us...everything is poised for this thing to go down... I feel like with what I’ve heard between the weekend and today and where I think we’re going this week and the time frames that I’ve been given so far – I feel very good about where we are and where we’re going... “It’s Coming” and It’s Coming Sooner Than We think”...
1-29-2020 Intel Guru MarkZ [via PDK] My Zurich and Hong Kong folks think it’s happening now...they are absolutely convinced they will have spendable cash this week. My Iraqi contacts still believe it’s very “soon”...the banking side is very “keyed up”. They need to be in place when this goes. They need to be there immediately. My contacts at the redemption centers are also wealth managers…they have 2 jobs and are paid by the bank. I have folks from Interpol to diplomatic corps…all over and at the upper levels of banking echelons and governments all over that this is no secret...that we are in the middle of a Global Currency Reset. I don’t know if they could set a hard date because this is such a fluid thing. I do believe we are very close...I really hope my bankers are right...
1-29-2020 Newshound Guru Jeff ...during the next few days or by Friday they're saying that they should be decided on a prime minister...
1-29-2020 Newshound/Intel Guru Mnt Goat Article: "TRADE BANK OF IRAQ IS EXPECTED TO STOP PROCESSING PAYMENTS TO IRAN" ...the goal of the US is to STOP all payments to Iran. This is part of corruption elimination and this is going to move ahead yet even more as they uncover the extent of all this Iranian corruption. Where is all the much-needed Iraqi reconstruction money going? Why does the 2020 budget have to have a deficit? ...I keep telling everyone that Iraq is filthy rich with oil revenue money however it’s a free for all for the taking. Corruption is so rapid.
1-29-2020 Intel Guru Footforward Article quote: "Najaf Governorate sit-in announced that the President of the Republic and the Iraqi parliament have been given a specific deadline to implement a number of demands." This would include a new PM :)
1-29-2020 Newshound Guru Jeff Article: "Parliament Finance: The draft budget law will be sent by the Council of Ministers on April" ...why is it important to know what's going on with the budget? The country of Iraq has never approved a budget this late before. Every year for the last 11 or 10 years they've typically had the budget done...and...passed the budget off to Parliament by December...they typically finish February to March. This is the first time in their history that in 11 years that I've actually ever seen them delay a budget until April. That's very significant. IMO that's telling us they are waiting until after the rate change. Remember the budget itself will not contain a rate but it's pegged to the rate. That's why they have to wait...
1-29-2020 Newshound Guru Adam Montana I don't have an RV date to give you. But I do believe that towards the end of this week, we're going to have a reasonable amount of information to use in making such a prediction. And I also think it's going to be extremely favorable. Time will tell if I'm right...and there are some of you who are going to reap some amazing benefits. [post 3 of 3]
1-29-2020 Newshound Guru Adam Montana The barriers that have kept an RV from happening are being eroded, and quickly. I know, that's not what is in the headlines...but that's what is really going on. Where we are today, then, is on the cusp of some serious change...The facts are right in front of us - we have never seen this kind of change, and it's happening on top of everything else that Iraq has accomplished. Will we see a new Prime Minister this week? Possibly yes! There may be one final attempt to slip in someone with Iranian backing, but that will fall on it's face, and my prediction is that the people are going to get what they want. As that happens, Iran's grip on Iraq is going to be severely weakened, and things are going to happen. Fast. [post 2 of 3....stay tuned]
1-29-2020 Newshound Guru Adam Montana The big news going on right now in Iraq is the impending selection of a Prime Minister. Over the years, we have witnessed a series of Iraqi politicians that were really Iranian puppets...they were not looking out for Iraq. As of last October, there has been a major shift in Iraq. The people protested, rioted, and demanded change. The face of their demands was simply to improve their lives, but the heart of the matter comes down to removing the Iranian factors. This is the main reason there is no Prime Minister in the place of Mahdi already. ...between the Iraqi's recent protests, and a bit of US and other outside influences, the Iranian factor is being whittled down. [post 1 of 3....stay tuned]
1-29-2020 Intel Guru Bruce [via WiserNow] Now all redemption staff...are on a 45 minute readiness program...they are to be in the bank...ready to go... We know that in the past few days that there have been exchanges by VIP’s internationally in other countries...we know that people as late as today are being asked by some foreign countries to exchange their Dong – at a reasonable front screen rate...we do know that things are looking very good for us...everything is poised for this thing to go down... I feel like with what I’ve heard between the weekend and today and where I think we’re going this week and the time frames that I’ve been given so far – I feel very good about where we are and where we’re going... “It’s Coming” and It’s Coming Sooner Than We think”...
1-29-2020 Intel Guru MarkZ [via PDK] My Zurich and Hong Kong folks think it’s happening now...they are absolutely convinced they will have spendable cash this week. My Iraqi contacts still believe it’s very “soon”...the banking side is very “keyed up”. They need to be in place when this goes. They need to be there immediately. My contacts at the redemption centers are also wealth managers…they have 2 jobs and are paid by the bank. I have folks from Interpol to diplomatic corps…all over and at the upper levels of banking echelons and governments all over that this is no secret...that we are in the middle of a Global Currency Reset. I don’t know if they could set a hard date because this is such a fluid thing. I do believe we are very close...I really hope my bankers are right...
1-29-2020 Newshound Guru Jeff ...during the next few days or by Friday they're saying that they should be decided on a prime minister...
1-29-2020 Newshound/Intel Guru Mnt Goat Article: "TRADE BANK OF IRAQ IS EXPECTED TO STOP PROCESSING PAYMENTS TO IRAN" ...the goal of the US is to STOP all payments to Iran. This is part of corruption elimination and this is going to move ahead yet even more as they uncover the extent of all this Iranian corruption. Where is all the much-needed Iraqi reconstruction money going? Why does the 2020 budget have to have a deficit? ...I keep telling everyone that Iraq is filthy rich with oil revenue money however it’s a free for all for the taking. Corruption is so rapid.
1-29-2020 Intel Guru Footforward Article quote: "Najaf Governorate sit-in announced that the President of the Republic and the Iraqi parliament have been given a specific deadline to implement a number of demands." This would include a new PM :)
1-28-2020 Newshound Guru MilitiaMan They haven't shown us the rate yet from the 2019 FMLA. The rate precedes the 2020 budget,just as the NSNs will need a rate and just as there is no need imo for the new PM. There will still be future elections to contend with and an on going concern, which are mostly unrelated directly daily goings of the CBI. They sorted their game plan already. Now we wait and see if the CBI reports accordingly 01/01/2020 - 01/31/2020 without a program rate attached to it... [post 2 of 2]
1-28-2020 Newshound Guru MilitiaMan We imo don't care about the 2020 budget, we/I care about the 2019 Financial Management Law Amendment that was passed and voted through under a residing and legal Prime Minister, just as was the 2020 Budget Law was two days prior to the PM ever resigning. All legal and legit. The 2020 budget has the ability to adjust over months at 1/12th the budget, while they get the new rate sorted out. That is why imo the law was done accordingly and hidden to a large degree. [post 1 of 2....stay tuned]
1-28-2020 Intel Guru MarkZ Reno sources have been dead quiet and I have not been able to get in touch with 2 of my contacts in Iraq. So no news from my guys in Iraq. My Zurich folks expected something to break loose about noon their time…its past that now but they are still expectant...They are pretty confident they are about to see something because they had been given a schedule for the week which involves them being very busy. I am very positive and expectant for this week.
1-28-2020 Newshound/Intel Guru Mnt Goat ...Why is Iran making all this trouble via their militias? They are doing it because they know their days are numbered and it is their last desperate attempt to remain in politics and have influence in Iraq. Basically, they want to control Iraq. They want to make Iraq a puppet state of Tehran. ...These Iranian militias have to be dealt with or we will never see peace in Iraq and never get the stability we need for an RV...The dream of a prosperous and abundant Iraq will never happen.
1-28-2020 Newshound Guru Kaperoni An interesting opinion piece came out a few weeks ago discussing what would happen if the US left Iraq. What caught my attention was the reference to floating the currency. Why would this be a topic unless this was the plan?
1-28-2020 Newshound/Intel Guru tman23 YOUSSFAD ALI TARIK HAKEM .... is name being floated in the inner circles as PM ... a business scholar with deep western ties ... an excellent anti Iranian choice which means Sadr is not in favor.
1-28-2020 Newshound Guru MilitiaMan We imo don't care about the 2020 budget, we/I care about the 2019 Financial Management Law Amendment that was passed and voted through under a residing and legal Prime Minister, just as was the 2020 Budget Law was two days prior to the PM ever resigning. All legal and legit. The 2020 budget has the ability to adjust over months at 1/12th the budget, while they get the new rate sorted out. That is why imo the law was done accordingly and hidden to a large degree. [post 1 of 2....stay tuned]
1-28-2020 Intel Guru MarkZ Reno sources have been dead quiet and I have not been able to get in touch with 2 of my contacts in Iraq. So no news from my guys in Iraq. My Zurich folks expected something to break loose about noon their time…its past that now but they are still expectant...They are pretty confident they are about to see something because they had been given a schedule for the week which involves them being very busy. I am very positive and expectant for this week.
1-28-2020 Newshound/Intel Guru Mnt Goat ...Why is Iran making all this trouble via their militias? They are doing it because they know their days are numbered and it is their last desperate attempt to remain in politics and have influence in Iraq. Basically, they want to control Iraq. They want to make Iraq a puppet state of Tehran. ...These Iranian militias have to be dealt with or we will never see peace in Iraq and never get the stability we need for an RV...The dream of a prosperous and abundant Iraq will never happen.
1-28-2020 Newshound Guru Kaperoni An interesting opinion piece came out a few weeks ago discussing what would happen if the US left Iraq. What caught my attention was the reference to floating the currency. Why would this be a topic unless this was the plan?
1-28-2020 Newshound/Intel Guru tman23 YOUSSFAD ALI TARIK HAKEM .... is name being floated in the inner circles as PM ... a business scholar with deep western ties ... an excellent anti Iranian choice which means Sadr is not in favor.
1-27-2020 Newshound Guru Breitling ...Let's talk about the information that comes from the CBI - the chart where you see it [the note count] coming down...I don't have access to the CBI but I do have friends that have access to the CBI. Basically their answer was until the CBI corrects that and puts out a statement that's what you live by...what you can count on is the rate is correct. And also when they say they are reducing the note count, they've always reduced the note count. Until the CBI corrects it follow the trend. They've never not followed through on what the trend was...they're reducing the note count. That's it...has the CBI come out and said they've made a huge mistake...no they have not...the overall trend is they are reducing the note count...Iraq's going to revalue their currency...
1-27-2020 Intel Guru Frank26 ...It's my strong opinion that Trump is now taking complete control...
1-27-2020 Intel Guru MarkZ [ I am led to believe we may see something happen about 9AM Reno time today…] ...I am hearing very similar things...I believe a schedule has been set and we will see it at least rolling out this week. I am feeling great about where we are. My Redemption Center folks are at work today and expect to be in all week long. My last contact in Iraq was Saturday night and they are still expecting a new rate at any time. ...we are in such a great spot right now.
1-27-2020 Newshound Guru Jeff ...stop worrying about the formation of the government. Iraq has been approving and amending laws. At the end of December they approved the Election Law or amended it. Just a few weekends ago they amended the Financial Management Law. Iraq has come too far setting the stage to go back now...Timing is critical to them...the current PM Mahdi will just continue to stay in that position for like another 3 months. January, February, March. That means he's in there at least until Q1. They're also saying this week they'll probably put another PM in on Thursday-ish...either way their overall progress is too far along to go back...Iraq's government is fine. The current status of the government will not slow down the rate change...Iraq has enough stability. They've come too far along to stop right now...
1-27-2020 Newshound Guru MilitiaMan Article: "Al-Nassiri: We need a systematic movement for economic reform" No doubt we would like the party to get started and based off the article from Nassirri, it tells us they are doing things and in fact are ready for exactly what we have been waiting for all these years. For instance, the CBI spent about $190 million on nscn's and fils, reduced the note count by 45 trillion real close (See Charts at CBI), have a large deficit noted in the next budget that cannot be filled based of their recent note count reduction...The End of Month is coming soon and they have reporting to do. If they have a significant rate change above a program rate they'll need to announce it ahead of time or real close, as this time it wont be based off a program rate...
1-27-2020 Intel Guru Frank26 ...It's my strong opinion that Trump is now taking complete control...
1-27-2020 Intel Guru MarkZ [ I am led to believe we may see something happen about 9AM Reno time today…] ...I am hearing very similar things...I believe a schedule has been set and we will see it at least rolling out this week. I am feeling great about where we are. My Redemption Center folks are at work today and expect to be in all week long. My last contact in Iraq was Saturday night and they are still expecting a new rate at any time. ...we are in such a great spot right now.
1-27-2020 Newshound Guru Jeff ...stop worrying about the formation of the government. Iraq has been approving and amending laws. At the end of December they approved the Election Law or amended it. Just a few weekends ago they amended the Financial Management Law. Iraq has come too far setting the stage to go back now...Timing is critical to them...the current PM Mahdi will just continue to stay in that position for like another 3 months. January, February, March. That means he's in there at least until Q1. They're also saying this week they'll probably put another PM in on Thursday-ish...either way their overall progress is too far along to go back...Iraq's government is fine. The current status of the government will not slow down the rate change...Iraq has enough stability. They've come too far along to stop right now...
1-27-2020 Newshound Guru MilitiaMan Article: "Al-Nassiri: We need a systematic movement for economic reform" No doubt we would like the party to get started and based off the article from Nassirri, it tells us they are doing things and in fact are ready for exactly what we have been waiting for all these years. For instance, the CBI spent about $190 million on nscn's and fils, reduced the note count by 45 trillion real close (See Charts at CBI), have a large deficit noted in the next budget that cannot be filled based of their recent note count reduction...The End of Month is coming soon and they have reporting to do. If they have a significant rate change above a program rate they'll need to announce it ahead of time or real close, as this time it wont be based off a program rate...
1-26-2020 Intel Guru RayRen98 Saturday reports: The CBI staff members allegedly caught stealing money from the auctions and supporting Iranian factions. Iraqi TV is broadcasting the scandal and that other countries are now concerned about Iran stealing resources from Iraq. Citizens are angry with the CBI. Saleh is returning from Rome and will meet with blocs to announce the new Prime Minister. Protestors are in the streets chanting that Sadr has betrayed them by his supporting of Iran. Iraqi TV broadcasts that the new PM will announced on Sunday. Parliament announces a short recess in order to get the budget passed, citing that the Prime Minister situation is resolved...4 private banks run by militia-controlled interests continue to use the dollar auctions to secure money for Iran. The Qi card payment system was compromised with fake government employees receiving millions of dollars each month.
1-26-2020 Intel Guru Frank26 ...there are whales and sharks right now because of the chum that's in the CBI ocean that the CBI threw into the ocean themselves. And whales are certainly not exchanging anything right now because who's gonna give them a higher rate? That's just a myth...don't go by that nonsense of other gurus...it's illogical to think that there are such groups...
1-26-2020 Newshound Guru Breitling We're trying to get the currency down so it's more competitive. And what do we see in the news? The United States just put in 90 Billion more U.S. dollars...what do you think happens when they inject that amount of money into our economy? Do you think the value goes up? NO! The value is divided into that much more of the currency that's out there. How did China devalue its currency when we put tariffs on them? They injected their economy with a ton of Yuan. That's what they did. It's absolutely universal. So you think it's a coincidence that Iraq is pulling currency out of their markets? It's not a coincidence at all...So how did the amount of currency drop so quick? No body knows. They just show the chart. They don't show exactly what they did but you and I know what they need to do and it's not a coincidence that it's all going down... [Post 2 of 2]
1-26-2020 Newshound Guru Breitling ...How can the CBI have such a steep drop in their currency in such a short time? What did they do with it? No body knows. Here's what we don't know. Was it one denomination? Was it all the denominations they pulled back? There's not enough information to answer that question. But here's the point...you need to watch the currency supply. The markets are being flooded with energy, therefore the prices are coming down. And you see the reflection in the banking laws and the way they're treating their currency supply. You've seen the charts. You know there's a disruption. You know what they need to do. They need to reduce their note count. Very very simple. What if they wanted to take away value of the Iraqi dinar? What did they do in the first place? They flooded the market with currency! What is the United States doing right now to our currency? [Post 1 of 2]
1-26-2020 Newshound Guru Jeff ...[Guru] Mnt Goat did a nice job of bringing some new facts to the surface. The China deal with Iraq until 5 months from now. Change the rate Q1. My Iraqi contact from within the Iraq government said they need April and May, that two month period to start and complete the budget. That right there shows you the China agreement in the month of June...
1-26-2020 Intel Guru Footforward Article quote: "Free and peaceful protesters will always chant the symbolic national anthem "Mawtini" as a sign of freedom, independence and patriotism, away from the Iranian influence and partisan interests." The thing to note now, no one shooting at the Iraqi people. That means Iran's influence is weakening. This is good for us! I know this seems minor. But it's actually very telling.
1-26-2020 Intel Guru Frank26 ...there are whales and sharks right now because of the chum that's in the CBI ocean that the CBI threw into the ocean themselves. And whales are certainly not exchanging anything right now because who's gonna give them a higher rate? That's just a myth...don't go by that nonsense of other gurus...it's illogical to think that there are such groups...
1-26-2020 Newshound Guru Breitling We're trying to get the currency down so it's more competitive. And what do we see in the news? The United States just put in 90 Billion more U.S. dollars...what do you think happens when they inject that amount of money into our economy? Do you think the value goes up? NO! The value is divided into that much more of the currency that's out there. How did China devalue its currency when we put tariffs on them? They injected their economy with a ton of Yuan. That's what they did. It's absolutely universal. So you think it's a coincidence that Iraq is pulling currency out of their markets? It's not a coincidence at all...So how did the amount of currency drop so quick? No body knows. They just show the chart. They don't show exactly what they did but you and I know what they need to do and it's not a coincidence that it's all going down... [Post 2 of 2]
1-26-2020 Newshound Guru Breitling ...How can the CBI have such a steep drop in their currency in such a short time? What did they do with it? No body knows. Here's what we don't know. Was it one denomination? Was it all the denominations they pulled back? There's not enough information to answer that question. But here's the point...you need to watch the currency supply. The markets are being flooded with energy, therefore the prices are coming down. And you see the reflection in the banking laws and the way they're treating their currency supply. You've seen the charts. You know there's a disruption. You know what they need to do. They need to reduce their note count. Very very simple. What if they wanted to take away value of the Iraqi dinar? What did they do in the first place? They flooded the market with currency! What is the United States doing right now to our currency? [Post 1 of 2]
1-26-2020 Newshound Guru Jeff ...[Guru] Mnt Goat did a nice job of bringing some new facts to the surface. The China deal with Iraq until 5 months from now. Change the rate Q1. My Iraqi contact from within the Iraq government said they need April and May, that two month period to start and complete the budget. That right there shows you the China agreement in the month of June...
1-26-2020 Intel Guru Footforward Article quote: "Free and peaceful protesters will always chant the symbolic national anthem "Mawtini" as a sign of freedom, independence and patriotism, away from the Iranian influence and partisan interests." The thing to note now, no one shooting at the Iraqi people. That means Iran's influence is weakening. This is good for us! I know this seems minor. But it's actually very telling.
1-25-2020 Newshound/Intel Guru RVAlready ...No nomination of a specific name by Salih that I have seen...Time to name the PM and activate the RV...It will be good to see RV on - auctions off...Hopefully all done tomorrow. No point in waiting
1-25-2020 Intel Guru Footforward Article: "The Baghdad Post: Protest squares are now void of loyalists and followers of parties. They are full of patriotic, free and independent people and those who care only about Iraq." Progress is being made! Now is not the time to be cynical!
1-25-2020 Newshound Guru Breitling ...Iraq has suggested that the U.S. remove their presence in Iraq. The President has said if this happens Iraq's accounts will be frozen in the U.S...Could this in any way interfere with the revaluation of the the dinar? Look, Iraq is not going to kick the United States out of the region...This correlates a little bit with Trump talking about that we have billions of Iraq's money. That's in U.S. dollars. When he did that interview [1-11-2020] he's talking about dollars...what's energy traded in? It's traded in U.S. dollars. That's how we're able to have access to their accounts. They're in our banks and our reserves...
1-25-2020 Newshound Guru Chattels Article quote: "Baghdad / Nina / The economist Raad Tuwaij confirmed that the 2020 budget is an inflated and critical budget due to the high deficit rate to 33%, which is a large deficit that will cause a decrease in the value of the Iraqi currency and a decrease in the purchasing power of the Iraqi individual." There are some who say that inflationary pressure is a friend of a currency value increase.
1-25-2020 Newshound Guru Adam Montana Pressure is REALLY heating up to replace Mahdi... and it looks like Iran is losing the "(s)election". If they get anyone in there that isn't an Iranian puppet, we are on the fast track.
1-25-2020 Intel Guru Delta [Question? Didnt [Guru] Delta say the had to ri/rv delete the zeros etc in Jan? ...Something about the CBI legally needing to do it Jan and thats why it was delayed?] ...YES AND THAT CAME FROM CBI FROM 2012... Article quotes: "AUG 20, 2012 - Central Bank Deputy Director Mohammad Saleh appearance drew the interest of the Exchange must be with the new fiscal year, "the Iraqi Government's accounts cannot be registered in the same year, two forms of financial values"; "Delete the zeros MUST be at the beginning of a fiscal year". IMO...THEY HAVE A GRACE PERIOD OF 30 DAYS...
1-25-2020 Intel Guru Footforward Article: "The Baghdad Post: Protest squares are now void of loyalists and followers of parties. They are full of patriotic, free and independent people and those who care only about Iraq." Progress is being made! Now is not the time to be cynical!
1-25-2020 Newshound Guru Breitling ...Iraq has suggested that the U.S. remove their presence in Iraq. The President has said if this happens Iraq's accounts will be frozen in the U.S...Could this in any way interfere with the revaluation of the the dinar? Look, Iraq is not going to kick the United States out of the region...This correlates a little bit with Trump talking about that we have billions of Iraq's money. That's in U.S. dollars. When he did that interview [1-11-2020] he's talking about dollars...what's energy traded in? It's traded in U.S. dollars. That's how we're able to have access to their accounts. They're in our banks and our reserves...
1-25-2020 Newshound Guru Chattels Article quote: "Baghdad / Nina / The economist Raad Tuwaij confirmed that the 2020 budget is an inflated and critical budget due to the high deficit rate to 33%, which is a large deficit that will cause a decrease in the value of the Iraqi currency and a decrease in the purchasing power of the Iraqi individual." There are some who say that inflationary pressure is a friend of a currency value increase.
1-25-2020 Newshound Guru Adam Montana Pressure is REALLY heating up to replace Mahdi... and it looks like Iran is losing the "(s)election". If they get anyone in there that isn't an Iranian puppet, we are on the fast track.
1-25-2020 Intel Guru Delta [Question? Didnt [Guru] Delta say the had to ri/rv delete the zeros etc in Jan? ...Something about the CBI legally needing to do it Jan and thats why it was delayed?] ...YES AND THAT CAME FROM CBI FROM 2012... Article quotes: "AUG 20, 2012 - Central Bank Deputy Director Mohammad Saleh appearance drew the interest of the Exchange must be with the new fiscal year, "the Iraqi Government's accounts cannot be registered in the same year, two forms of financial values"; "Delete the zeros MUST be at the beginning of a fiscal year". IMO...THEY HAVE A GRACE PERIOD OF 30 DAYS...
1-25-2020 Newshound Guru Kaperoni For once...guru Jeff is right...The 2020 budget does include a public/private partnership to launch the private sector and begin significant reconstruction. But it does not involve a rate change for the dinar. If the currency is to appreciate it will not be some random act. But a decision to get off the peg and float the dinar as a result of inflationary pressure created from investors and an influx of capital to create a private sector and rebuild the country. This is not an overnight event. [Reference Guru Jeff Post 1-24-2020]
1-24-2020 Newshound/Intel Guru Mnt Goat The US wants all funding to terrorists to end... So this is the situation like it or not...it may be better to face Iran now and suffer any consequences NOW than to continue and prolong this Iranian influence any longer. We will NEVER see our RV with it. It may take some time to get Iran out but at least now the process has begun and is being aggressively applied. How long will it take, we don’t know. But there is a plan and the US and Iraq now are jointly working towards it. This is the VERY GOOD news today... [post 2 of 2]
1-24-2020 Newshound/Intel Guru Mnt Goat I want to remind everyone that the end of January is just around the corner. The month of January is noted as the BEST and MOST OPPORTUNE time for the CBI to conduct the reinstatement. Can they do it by end of January? ...I don’t think so. Does this mean we wait until next January 2021? Very possible we may have to since now they are talking about not even implementing the China deal with Iraq until 5 months from now. Seems 2020 is going to pass us by real fast. Another wasted year gone…I believe that over this coming weekend things could drastically change, if a prime minister is seated. [post 1 of 2....stay tuned]
1-24-2020 Intel Guru Bruce ... President Trump signed off on it... [Wednesday] evening...and gave the green light...after he got back from Davos – so we know its underway – we know the process is going...the redemption enter staff are all on a 45 min response now...once they get the call/text...they are to respond and be at their stations in the redemption centers ready to go in 45 minutes... So, that gives you some idea of just how ready everything is to go...it could very well go...(Friday) – Saturday – Sunday - Monday - all the way up to Tuesday morning...I’m excited for all of us...
1-24-2020 Newshound Guru Jeff ...what have they told us with the 2020 budget? They've told us that the large deficit within the 2020 budget is actually the reforms. The reforms are post rate change. The reforms are also one of the items that is most highly wanted items by the demonstrators. The UN has recently stepped forth and told Iraq they need to hurry up and get the reforms implemented...the demonstrators are not gonna wait another 6 months...the last step we're currently waiting on is for them [GOI] to position the money for all of these post rate change items...
1-24-2020 Intel Guru MarkZ [via PDK] I am hearing from Hong Kong and Zurich that today is the day…It’s rolling out...Last I heard from Isaac was yesterday and he was expecting things to happen any movement [moment ?] ...my bankers say it can go right now...
1-24-2020 Newshound/Intel Guru BGG Article: " Al-Khalidi calls Saleh to assign Allawi to form a government and refuse to give in and dictate" Quote: "Member of Parliament Muhammad Al-Khalidi called on President of the Republic Barham Salih to win the masses and not to bow to pressure and dictates by assigning Muhammad Tawfiq Allawi to form a government and leaving the final choice to the people’s representatives." I’m not sure I agree with the premise here. Kahlidi is basically telling Saleh to assign Allawi to be the PM and let the Parliament vote yea or nay on his government… but we shall see. I have the idea Saleh wants to find a candidate the protesters can get behind.
1-24-2020 Newshound Guru chattels There are no credible reports of the budget having been approved by Parliament. At last report the budget law had not been delivered to Parliament.
1-24-2020 Newshound/Intel Guru Mnt Goat The US wants all funding to terrorists to end... So this is the situation like it or not...it may be better to face Iran now and suffer any consequences NOW than to continue and prolong this Iranian influence any longer. We will NEVER see our RV with it. It may take some time to get Iran out but at least now the process has begun and is being aggressively applied. How long will it take, we don’t know. But there is a plan and the US and Iraq now are jointly working towards it. This is the VERY GOOD news today... [post 2 of 2]
1-24-2020 Newshound/Intel Guru Mnt Goat I want to remind everyone that the end of January is just around the corner. The month of January is noted as the BEST and MOST OPPORTUNE time for the CBI to conduct the reinstatement. Can they do it by end of January? ...I don’t think so. Does this mean we wait until next January 2021? Very possible we may have to since now they are talking about not even implementing the China deal with Iraq until 5 months from now. Seems 2020 is going to pass us by real fast. Another wasted year gone…I believe that over this coming weekend things could drastically change, if a prime minister is seated. [post 1 of 2....stay tuned]
1-24-2020 Intel Guru Bruce ... President Trump signed off on it... [Wednesday] evening...and gave the green light...after he got back from Davos – so we know its underway – we know the process is going...the redemption enter staff are all on a 45 min response now...once they get the call/text...they are to respond and be at their stations in the redemption centers ready to go in 45 minutes... So, that gives you some idea of just how ready everything is to go...it could very well go...(Friday) – Saturday – Sunday - Monday - all the way up to Tuesday morning...I’m excited for all of us...
1-24-2020 Newshound Guru Jeff ...what have they told us with the 2020 budget? They've told us that the large deficit within the 2020 budget is actually the reforms. The reforms are post rate change. The reforms are also one of the items that is most highly wanted items by the demonstrators. The UN has recently stepped forth and told Iraq they need to hurry up and get the reforms implemented...the demonstrators are not gonna wait another 6 months...the last step we're currently waiting on is for them [GOI] to position the money for all of these post rate change items...
1-24-2020 Intel Guru MarkZ [via PDK] I am hearing from Hong Kong and Zurich that today is the day…It’s rolling out...Last I heard from Isaac was yesterday and he was expecting things to happen any movement [moment ?] ...my bankers say it can go right now...
1-24-2020 Newshound/Intel Guru BGG Article: " Al-Khalidi calls Saleh to assign Allawi to form a government and refuse to give in and dictate" Quote: "Member of Parliament Muhammad Al-Khalidi called on President of the Republic Barham Salih to win the masses and not to bow to pressure and dictates by assigning Muhammad Tawfiq Allawi to form a government and leaving the final choice to the people’s representatives." I’m not sure I agree with the premise here. Kahlidi is basically telling Saleh to assign Allawi to be the PM and let the Parliament vote yea or nay on his government… but we shall see. I have the idea Saleh wants to find a candidate the protesters can get behind.
1-24-2020 Newshound Guru chattels There are no credible reports of the budget having been approved by Parliament. At last report the budget law had not been delivered to Parliament.
1-23-2020 Newshound/Intel Guru Mnt Goat These stipends must come out as close to the 1:1 rate with US dollar as possible as this is the way they set it up to go. This means that they will have to move ahead with the “project to delete the zeros” in order to do this. Yes, these stipends are a triggering mechanism for the RV. It is all part of the same plan and inter-connected. [post 2 of 2]
1-23-2020 Newshound/Intel Guru Mnt Goat ... an agreement has been made over a month ago to pay out the HCL funds to the average citizen and do it now. Yes, now, ...not months from now. The constitution states it and we know for a FACT the law was already passed to implement it in parliament in 2018. This is way overdue. The pressure from the protestors is another reason why they must finally go ahead with this project...this is part of the “reforms” they are talking about and want... But there is still the problem with Iran funneling funds to Iran and so this issue is the obstacle... and will continue to be the obstacle until president Trump can resolve this Iranian influence in Iraq. This is not going to change overnight but now we see the path to progress. [post 1 of 2....stay tuned]
1-23-2020 Newshound Guru Kaperoni ...guru MarkZ is telling his follows that his crew is at the redemption centers ready to go. LOL. There is no redemption centers...If the CBI decides to raise the value based on sound monetary policy, I'm sure we will learn about ways in which we can exchange our dinar through financial institutions or market makers (currency dealers). All this other stuff from the guru's is just nonsense.
1-23-2020 Newshound/Intel Guru Mnt Goat ...Iraq does NOT yet have new prime minister...President Saleh simply announced he has a viable candidate and might nominate him once he arrives from Davos Forum at the end of the week...One rumor is that the citizens want Ali Abdul Amir Allawi and NOT Muhammad Tawfiq Allawi that the President of Iraq chose. This may come to be the final truth but for now Saleh picked Muhammad Tawfiq Allawi not Ali Abdul Amir Allawi. We just have to wait and watch what happens... I believe Ali Abdul Amir Allawi will eventually end up with the nomination.
1-23-2020 Intel Guru MarkZ My crew at redemption centers…part are in place today and part are working at other things…because they also work at wealth management…but they are still on a one hour standby. I have never seen everyone in place like this…I have never seen this many people in place and excited in the entire history of this thing...everyone is geared up, in place and ready…I am very excited at where we are today.
1-23-2020 Newshound Guru Chattels Article quote: "If Iraq complies with the sanctions, it could paralyze their electricity sector, which relies heavily on Iranian imports. However, if the country ignores the sanctions after the exemption expires, they could be hit with secondary sanctions, including restricted access to crucial US accounts. Washington is considering blocking Iraq ’s access to a $35 billion US-based account where Baghdad holds its oil revenues, according to Agence France-Presse. This account contributes to 90% of the national budget." The foregoing is confirmation of our explanation of the currency account... [Reference Trump interview video 1-11-2020]
1-23-2020 Newshound Guru Adam Montana ...it's looking more and more like one of the Allawi's will be appointed PM. My vote would be for the one that Maliki likes the least, but I don't get a vote in that.
1-23-2020 Newshound Guru Jeff The US has poured trillions of dollars into Iraq and shed blood for Iraq. It wasn't the World Bank or the IMF...I showed it to you through all of last year. This is linked to accounting periods...because Iraq came out telling you that the 2020 budget has to be implemented at the start of their fiscal year. They're telling you that this is linked to accounting periods...Iraq is probably transitioning back to their original fiscal year. April/March which is identical to how Kuwait is currently structured. That's why Kuwait changed their rate around the end of March to align their rate change with their fiscal year. You see Iraq is following suite based on their movements and the facts they have shown us... [Post 2 of 2]
1-23-2020 Newshound Guru Jeff ...one particular guru...is saying that the timing at which they put in the prime minister has everything to do with the timing of the rate change...that basically once they put in a prime minister that roughly within a month that's when the rate is gonna change. That's not the case... Both the demonstrations along with Iran and along with the Prime Minister is just all coincidence. Those scenarios have nothing to do with the timing of the rate change. That's been scheduled since early last year...Who's in charge of the rate change? Donald Trump... [Post 1 of 2....stay tuned]
1-23-2020 Intel Guru Frank26 ...President Trump is more deeply involved in monetary reform of the dinar in Iraq...what if he told the Central Bank of Iraq it's time for you to stop using the American dollar. Play fairly. Does that sound familiar? The way that you do that is stopping your auctions...IMO what Donald Trump did with the central bank of Iraq just recently was to give them a time-frame that specified a date with a "no later than " end date...
1-23-2020 Newshound/Intel Guru Mnt Goat ... an agreement has been made over a month ago to pay out the HCL funds to the average citizen and do it now. Yes, now, ...not months from now. The constitution states it and we know for a FACT the law was already passed to implement it in parliament in 2018. This is way overdue. The pressure from the protestors is another reason why they must finally go ahead with this project...this is part of the “reforms” they are talking about and want... But there is still the problem with Iran funneling funds to Iran and so this issue is the obstacle... and will continue to be the obstacle until president Trump can resolve this Iranian influence in Iraq. This is not going to change overnight but now we see the path to progress. [post 1 of 2....stay tuned]
1-23-2020 Newshound Guru Kaperoni ...guru MarkZ is telling his follows that his crew is at the redemption centers ready to go. LOL. There is no redemption centers...If the CBI decides to raise the value based on sound monetary policy, I'm sure we will learn about ways in which we can exchange our dinar through financial institutions or market makers (currency dealers). All this other stuff from the guru's is just nonsense.
1-23-2020 Newshound/Intel Guru Mnt Goat ...Iraq does NOT yet have new prime minister...President Saleh simply announced he has a viable candidate and might nominate him once he arrives from Davos Forum at the end of the week...One rumor is that the citizens want Ali Abdul Amir Allawi and NOT Muhammad Tawfiq Allawi that the President of Iraq chose. This may come to be the final truth but for now Saleh picked Muhammad Tawfiq Allawi not Ali Abdul Amir Allawi. We just have to wait and watch what happens... I believe Ali Abdul Amir Allawi will eventually end up with the nomination.
1-23-2020 Intel Guru MarkZ My crew at redemption centers…part are in place today and part are working at other things…because they also work at wealth management…but they are still on a one hour standby. I have never seen everyone in place like this…I have never seen this many people in place and excited in the entire history of this thing...everyone is geared up, in place and ready…I am very excited at where we are today.
1-23-2020 Newshound Guru Chattels Article quote: "If Iraq complies with the sanctions, it could paralyze their electricity sector, which relies heavily on Iranian imports. However, if the country ignores the sanctions after the exemption expires, they could be hit with secondary sanctions, including restricted access to crucial US accounts. Washington is considering blocking Iraq ’s access to a $35 billion US-based account where Baghdad holds its oil revenues, according to Agence France-Presse. This account contributes to 90% of the national budget." The foregoing is confirmation of our explanation of the currency account... [Reference Trump interview video 1-11-2020]
1-23-2020 Newshound Guru Adam Montana ...it's looking more and more like one of the Allawi's will be appointed PM. My vote would be for the one that Maliki likes the least, but I don't get a vote in that.
1-23-2020 Newshound Guru Jeff The US has poured trillions of dollars into Iraq and shed blood for Iraq. It wasn't the World Bank or the IMF...I showed it to you through all of last year. This is linked to accounting periods...because Iraq came out telling you that the 2020 budget has to be implemented at the start of their fiscal year. They're telling you that this is linked to accounting periods...Iraq is probably transitioning back to their original fiscal year. April/March which is identical to how Kuwait is currently structured. That's why Kuwait changed their rate around the end of March to align their rate change with their fiscal year. You see Iraq is following suite based on their movements and the facts they have shown us... [Post 2 of 2]
1-23-2020 Newshound Guru Jeff ...one particular guru...is saying that the timing at which they put in the prime minister has everything to do with the timing of the rate change...that basically once they put in a prime minister that roughly within a month that's when the rate is gonna change. That's not the case... Both the demonstrations along with Iran and along with the Prime Minister is just all coincidence. Those scenarios have nothing to do with the timing of the rate change. That's been scheduled since early last year...Who's in charge of the rate change? Donald Trump... [Post 1 of 2....stay tuned]
1-23-2020 Intel Guru Frank26 ...President Trump is more deeply involved in monetary reform of the dinar in Iraq...what if he told the Central Bank of Iraq it's time for you to stop using the American dollar. Play fairly. Does that sound familiar? The way that you do that is stopping your auctions...IMO what Donald Trump did with the central bank of Iraq just recently was to give them a time-frame that specified a date with a "no later than " end date...
1-22-2020 Intel Guru Frank26 ...I believe that the appointment/ announcement of the Prime Minister now has a lot to do with when they will announce the new exchange rate. Male-Female. GOI-CBI. Separate but getting together now. It's time for them to go on their honeymoon and produce something...
1-22-2020 Newshound Guru Adam Montana Article quote: "Iraqi President Barham Salih tells President Donald Trump “These are challenging times, and United States has been a partner to #Iraq and in the war against ISIS” and stresses common interests in the region." There is a bit of talk about the USofA interfering, influencing, or otherwise controlling Iraq. This holds some truth... My opinion is that Trump may not be directly responsible for Iraq's RV, but Iraq is being pushed to move away from Iran, and that is a good thing. Articles like these are pretty solid evidence that Iraq wishes to stay on our good side, and all that nonsense about Iraq "wanting US troops out immediately" was just that: nonsense.
1-22-2020 Newshound Guru Adam Montana When I bought Iraqi dinar for the first time, I will admit that I was not nearly as knowledgeable about it as I am today. Over the years, I have continued to learn about it, educating myself and sharing that education, and I am more confident than ever that this will end with a good profit. The year 2020 continues to shape up as a GREAT year for it, too! ...My friends, this situation is unfolding before our eyes... I have a strong feeling that the Dinar news is going to get much more exciting, very soon.
1-22-2020 Intel Guru Bruce ...I believe it’s coming very very shortly...There are things happening that are moving us closer and closer towards what we are looking for which is a combination – notification from 401,163 emails on the Wells Fargo server for the tier 4B – that’s us – the internet group as well as notification that I should receive to put out the toll free number...We are looking very strong for this to occur between tomorrow and the rest of the week...and I would not be surprised if we do get...notification and the ability to go in for our exchanges as early as tomorrow (Wednesday)... We’ll see how that goes...
1-22-2020 Intel Guru MarkZ Iraq does not have a new rate published yet…but they are still keyed up and expecting one at any time …My contacts in Redemption Centers are still on call and expecting to be working a long weekend…So imo we are still in a great place…
1-22-2020 Newshound Guru Jeff ...a lot of BS is coming out right now. They're doing that to mislead us because we're getting closer to the finish line. On Monday they came out saying that they nominated a prime minister and then today Salih says he withdrew it because political bloc's did not agree. Now Salih is going to Davos, Switzerland to meet with Trump. So after that Salih says he's going too appoint or nominate a new P.M. So we're waiting now on Thursday until we get a new P.M. We'll have to see how that goes. Lots of BS in the news coming out right now so it's hard and challenging to really focus on the news but that's all by design...
1-22-2020 Newshound Guru Kaperoni If the dinar is ever going to go up in value it will be as a result of Iraq implementing laws for investment and investors coming to participate in the rebuilding. Only then can the dinar begin to appreciate as a result...
1-22-2020 Newshound Guru Adam Montana Article quote: "Iraqi President Barham Salih tells President Donald Trump “These are challenging times, and United States has been a partner to #Iraq and in the war against ISIS” and stresses common interests in the region." There is a bit of talk about the USofA interfering, influencing, or otherwise controlling Iraq. This holds some truth... My opinion is that Trump may not be directly responsible for Iraq's RV, but Iraq is being pushed to move away from Iran, and that is a good thing. Articles like these are pretty solid evidence that Iraq wishes to stay on our good side, and all that nonsense about Iraq "wanting US troops out immediately" was just that: nonsense.
1-22-2020 Newshound Guru Adam Montana When I bought Iraqi dinar for the first time, I will admit that I was not nearly as knowledgeable about it as I am today. Over the years, I have continued to learn about it, educating myself and sharing that education, and I am more confident than ever that this will end with a good profit. The year 2020 continues to shape up as a GREAT year for it, too! ...My friends, this situation is unfolding before our eyes... I have a strong feeling that the Dinar news is going to get much more exciting, very soon.
1-22-2020 Intel Guru Bruce ...I believe it’s coming very very shortly...There are things happening that are moving us closer and closer towards what we are looking for which is a combination – notification from 401,163 emails on the Wells Fargo server for the tier 4B – that’s us – the internet group as well as notification that I should receive to put out the toll free number...We are looking very strong for this to occur between tomorrow and the rest of the week...and I would not be surprised if we do get...notification and the ability to go in for our exchanges as early as tomorrow (Wednesday)... We’ll see how that goes...
1-22-2020 Intel Guru MarkZ Iraq does not have a new rate published yet…but they are still keyed up and expecting one at any time …My contacts in Redemption Centers are still on call and expecting to be working a long weekend…So imo we are still in a great place…
1-22-2020 Newshound Guru Jeff ...a lot of BS is coming out right now. They're doing that to mislead us because we're getting closer to the finish line. On Monday they came out saying that they nominated a prime minister and then today Salih says he withdrew it because political bloc's did not agree. Now Salih is going to Davos, Switzerland to meet with Trump. So after that Salih says he's going too appoint or nominate a new P.M. So we're waiting now on Thursday until we get a new P.M. We'll have to see how that goes. Lots of BS in the news coming out right now so it's hard and challenging to really focus on the news but that's all by design...
1-22-2020 Newshound Guru Kaperoni If the dinar is ever going to go up in value it will be as a result of Iraq implementing laws for investment and investors coming to participate in the rebuilding. Only then can the dinar begin to appreciate as a result...
1-21-2020 **** Dinar Guru Newsflash UPDATE **** Reports have come in that Iraq has a new Prime Minister. It appears this is NOT official. News and intel reports have been all over the place. Two names (there may even be a third) have come into focus...Ali Al-Shukri...who seems to be the protestors pick and Muhammad Allawi...favored by the Iranian faction of the GOI government. Obviously, this is an critical juncture for Iraq and the dinar. A lot is at stake. Which side is going to win Iraq? Stay tuned as the dust settles and the guru reports come. The latest guru updates will continue below...
1-21-2020 Intel Guru RayRen98 ...Iraqi TV has legal activists saying the budget will be given to the Finance Minister and he can present it to Parliament for voting and passage since the caretaker government is limited in what it can legally do. This is being voted on in Parliament to get done so the budget can be presented...Iraqi citizens are in the streets today regarding the slow pace of reforms... Saleh announced postponement of nomination of next pm had meeting this morning with several key figures on agreement before travel...
1-21-2020 Intel Guru Delta Article: "Legal Spotlights on the Central Bank's Independence from the Executive Authority - A Comparative Analytical Study" Quote: "CBI is in the process of drawing up and implementing monetary policy" MORE CONFIRMATION CBI ON THE VERGE OF...YOU KNOW..MUSIC TO MY EARS.
1-21-2020 Intel Guru MarkZ My contacts at the redemption centers are saying they will not be working 24 hours but from 7-11 everyday. They are still on “High Alert”. In Iraq I am hearing “yes” to a new prime minister. My diplomatic sources there are very optimistic for RV this week. My contractor sources over there expect to have to change the QI card values this week.
1-21-2020 Newshound Guru Kaperoni What the guru's keep talking about (some overnight event) to delete zeros is a LOP. That is not what we want to see. That is a neutral event. There is no overnight significant RV/RI... What we want to see is for Iraq to create the economic conditions (laws, investment) to create a thriving private sector/market economy. As a result, the dinar will rise in value gradually via a float increasing the value. This is what Iraqis prefer and it also would allow for the money supply to be reduced.
1-21-2020 Intel Guru Frank26 ...If it is like they are telling you in the articles today that they have a new prime minister, well then what does that mean? It means you no longer have a caretaker government...What do you think is the first demands the citizens want? ...they wanted a new government...second thing they want? Purchasing power. Because they know that that's coming...
1-21-2020 Newshound Guru chattels Article: "Baghdad / Nina / Legal expert Tariq Harb confirmed that: Dr. Ali Al-Shukri is just around the corner from the title of His Excellency the Prime Minister-designate ." Will it be Ali Al-Shukri or Muhammad Allawi ?
1-21-2020 Intel Guru Delta Article: "Legal Spotlights on the Central Bank's Independence from the Executive Authority - A Comparative Analytical Study" Quote: "CBI is in the process of drawing up and implementing monetary policy" MORE CONFIRMATION CBI ON THE VERGE OF...YOU KNOW..MUSIC TO MY EARS.
1-21-2020 Intel Guru MarkZ My contacts at the redemption centers are saying they will not be working 24 hours but from 7-11 everyday. They are still on “High Alert”. In Iraq I am hearing “yes” to a new prime minister. My diplomatic sources there are very optimistic for RV this week. My contractor sources over there expect to have to change the QI card values this week.
1-21-2020 Newshound Guru Kaperoni What the guru's keep talking about (some overnight event) to delete zeros is a LOP. That is not what we want to see. That is a neutral event. There is no overnight significant RV/RI... What we want to see is for Iraq to create the economic conditions (laws, investment) to create a thriving private sector/market economy. As a result, the dinar will rise in value gradually via a float increasing the value. This is what Iraqis prefer and it also would allow for the money supply to be reduced.
1-21-2020 Intel Guru Frank26 ...If it is like they are telling you in the articles today that they have a new prime minister, well then what does that mean? It means you no longer have a caretaker government...What do you think is the first demands the citizens want? ...they wanted a new government...second thing they want? Purchasing power. Because they know that that's coming...
1-21-2020 Newshound Guru chattels Article: "Baghdad / Nina / Legal expert Tariq Harb confirmed that: Dr. Ali Al-Shukri is just around the corner from the title of His Excellency the Prime Minister-designate ." Will it be Ali Al-Shukri or Muhammad Allawi ?
1-20-2020 Intel Guru MarkZ Quote "Monday UPDATE for January 20, 2020 Ali Allawi will be new Prime Minister" ...they're saying on Iraqi TV." I am told that was a key piece we needed to see…hope we see movement now.
1-20-2020 Intel Guru Frank26 ...IMO Iraq is asking the President of the United States of America two things. Keep your troops here and protect us. Build more bases if you have to and the other thing Mr. President, raise the value of our currency...
1-20-2020 Newshound Guru Jeff Article "Urgent: Barham Salih commissioned Muhammad Tawfiq Allawi as Prime Minister" So there you go Muhammad Tawfiq is the new Prime Minister of Iraq...
1-20-2020 Newshound Guru chattels Still reading about Muhammad Allawi. We shall see whether he accepts the appointment / nomination and whether he ultimately has the confidence of the protesters and Parliament.
1-20-2020 Intel Guru Footforward Article: "President @BarhamSalih designates Mohamed Tawfiq Allawi as prime minister, in a meeting that ended a while ago at the presidential palace" I'm hoping this is true, but I'm getting conflicting reports from different sources.
1-20-2020 Intel Guru RayRen98 Ali Allawi will be new Prime Minister ...they're saying on Iraqi TV. Muhammad Tawfiq Allawi will be commissioned as Prime Minister at 10:00 in the evening.
1-20-2020 Newshound Guru MilitiaMan Article: "Parliamentary investment: the 2020 budget will be operational after the agreement with China" The 2019 Financial Management Law Amendment will open the door for China and they have played their Trump Card to get it done too... Imo!
1-20-2020 Intel Guru Frank26 ...IMO the President of the United Stats has told the Central Bank of Iraq, now on this date stop the auctions...
1-20-2020 Intel Guru MarkZ [What happened to Iraq unveiling their rate this weekend?] Everyone was positive it was going to happen this weekend…it was planned to be in the Gazette by Saturday...all I could say is I am very positive…hoping to see it by Wednesday. My redemption center folks are on call today...not at work...yet. It really is looking like it could be a Tuesday event…I’m terrified to say this...but all sources are saying this.
1-20-2020 Intel Guru Frank26 ...when the Central Bank of Iraq raises the value of their currency there are already established private banks around the world that have an agreement with the central bank...the Central Bank of Iraq's children is their currency. Each individual bill is very precious to them. It's called their note count...there are banks around the world IMO have been established around the world that will send back their children [Dinar Notes]...if I live in Ohio and I go to a bank and I exchange my dinar for American dollars...that bank has made an agreement with the CBI...Will the private banks allow us to leave the deposits in dinars? Yes...they are going to let you keep your dinars as dinars on American soil...all of this is IMO...
1-20-2020 Newshound/Intel Guru RVAlready current data looks good. CBI seems ready to implement. It has been a longer and more obfuscated route than almost anyone could imagine.
1-20-2020 Intel Guru Frank26 ...IMO Iraq is asking the President of the United States of America two things. Keep your troops here and protect us. Build more bases if you have to and the other thing Mr. President, raise the value of our currency...
1-20-2020 Newshound Guru Jeff Article "Urgent: Barham Salih commissioned Muhammad Tawfiq Allawi as Prime Minister" So there you go Muhammad Tawfiq is the new Prime Minister of Iraq...
1-20-2020 Newshound Guru chattels Still reading about Muhammad Allawi. We shall see whether he accepts the appointment / nomination and whether he ultimately has the confidence of the protesters and Parliament.
1-20-2020 Intel Guru Footforward Article: "President @BarhamSalih designates Mohamed Tawfiq Allawi as prime minister, in a meeting that ended a while ago at the presidential palace" I'm hoping this is true, but I'm getting conflicting reports from different sources.
1-20-2020 Intel Guru RayRen98 Ali Allawi will be new Prime Minister ...they're saying on Iraqi TV. Muhammad Tawfiq Allawi will be commissioned as Prime Minister at 10:00 in the evening.
1-20-2020 Newshound Guru MilitiaMan Article: "Parliamentary investment: the 2020 budget will be operational after the agreement with China" The 2019 Financial Management Law Amendment will open the door for China and they have played their Trump Card to get it done too... Imo!
1-20-2020 Intel Guru Frank26 ...IMO the President of the United Stats has told the Central Bank of Iraq, now on this date stop the auctions...
1-20-2020 Intel Guru MarkZ [What happened to Iraq unveiling their rate this weekend?] Everyone was positive it was going to happen this weekend…it was planned to be in the Gazette by Saturday...all I could say is I am very positive…hoping to see it by Wednesday. My redemption center folks are on call today...not at work...yet. It really is looking like it could be a Tuesday event…I’m terrified to say this...but all sources are saying this.
1-20-2020 Intel Guru Frank26 ...when the Central Bank of Iraq raises the value of their currency there are already established private banks around the world that have an agreement with the central bank...the Central Bank of Iraq's children is their currency. Each individual bill is very precious to them. It's called their note count...there are banks around the world IMO have been established around the world that will send back their children [Dinar Notes]...if I live in Ohio and I go to a bank and I exchange my dinar for American dollars...that bank has made an agreement with the CBI...Will the private banks allow us to leave the deposits in dinars? Yes...they are going to let you keep your dinars as dinars on American soil...all of this is IMO...
1-20-2020 Newshound/Intel Guru RVAlready current data looks good. CBI seems ready to implement. It has been a longer and more obfuscated route than almost anyone could imagine.
1-19-2020 Newshound Guru MilitiaMan "Religious reference to Trump: The Iraqi government is transferring hard currencies to Iran ... We ask you to protect our money" Maybe this is why [Guru] Frank26 mentioned...the "time is now!" Did DJT get the letter above and give an "insistence" to make sure their money is safe and sound!? Re - Instating their currency will be a safety measure, as it protects the wealth of the nation, right? We shall see and I suspect that time now is ripe for them to be prepared to report what they may have done or will have done in due course. The articles suggest they are ready to give the 2020 budget draft to the parliament. Well imo not to break the good news to ya'll on that, but, the 2019 Financial Management Law Amendment will need to precede that...imo. That is where what it all revolves around and that is about the mechanism that is in or is the 2019 FML amendment! Just as the protection of their money does... They have been protecting the information in the 2019 FML for a very long time. imo.
1-19-2020 Newshound/Intel Guru Mnt Goat Article: "CURRENT 2020 BUDGET IS READY IN THE MINISTRY OF FINANCE. THE BUDGET WAS APPROVED BY THE CABINET BEFORE THE RESIGNATION OF THE GOVERNMENT" So here it is again in yet another article. The 2020 budget was ready when Mahdi resigned. So why didn’t he pass it on to parliament prior to resigning? We know why and its because he wanted to create this budget crisis and hold up progress.
1-19-2020 Intel Guru Frank26 Because the banks are communicating with the Central Bank and the central bank is talking, 'Hey it's time. Give us all those 3 zeros you've collected...we're going to replace it with currency you are not to give to the citizens...You know those small category notes that we've already delivered to you? That's what you're gonna deliver to the citizens.' And the key thing is when and at what rate...I don't know the date and I don't know the rate but I do know that it's happening because the Central Bank of Iraq is saying this is what we're doing [and all the signs are pointing that way.] Tremendous signs....I'm excited about the future with this currency
1-19-2020 Newshound Guru MilitiaMan Article: "Al-Fateh reveals an intention to elect the Prime Minister directly from the people" This is why imo there is no hold up with the PM in regards to monetary reforms. The caretaker government is in place and can facilitate the 2019 FML Amendment that was completed long before and even prior to the resignation of Mahdi! The elites and educated know this and will massage things in order to get a non dialectic Prime Minister. The Monetary Reforms will need to be met regardless now with the liquidity issues they’ll be facing shortly if not already now. Imo.
1-19-2020 Intel Guru Frank26 ...I feel IMO that the government of Iraq and the CBI are two different things. Separate male-female and yet ironically enough you need the two to create something beautiful. Life. The CBI is working on raising the value of the Iraqi dinar and the GOI is also working on cleaning itself out. Well it turns out that just 3 days ago Trump went into the CBI and they arrested people left and right. They're cleaning the swamp so that the country of Iraq can stand by itself and have their own currency and be proud of it. And that's what's going on right now...
1-19-2020 Newshound Guru MilitiaMan Article: "Deputy: The budget law will arrive in the coming hours in parliament" There is a difference between the 2020 Budget Law and the 2019 FML Amendment. Imo This is for and is to be used for after the exposure of the 2019 FML Amendment which will be the mechanism for international trade. In other words, our expectations will be met prior to ever opening the doors internationally. Here again it is said days before Mahdi resigned that the 2020 Budget law was signed before Mahdi resigned.. The powers that be behind the scenes know full well how the system works and have been prepared and on top of things even with all the antics thrown at them by the corrupt...
1-19-2020 Newshound/Intel Guru Mnt Goat Article: "CURRENT 2020 BUDGET IS READY IN THE MINISTRY OF FINANCE. THE BUDGET WAS APPROVED BY THE CABINET BEFORE THE RESIGNATION OF THE GOVERNMENT" So here it is again in yet another article. The 2020 budget was ready when Mahdi resigned. So why didn’t he pass it on to parliament prior to resigning? We know why and its because he wanted to create this budget crisis and hold up progress.
1-19-2020 Intel Guru Frank26 Because the banks are communicating with the Central Bank and the central bank is talking, 'Hey it's time. Give us all those 3 zeros you've collected...we're going to replace it with currency you are not to give to the citizens...You know those small category notes that we've already delivered to you? That's what you're gonna deliver to the citizens.' And the key thing is when and at what rate...I don't know the date and I don't know the rate but I do know that it's happening because the Central Bank of Iraq is saying this is what we're doing [and all the signs are pointing that way.] Tremendous signs....I'm excited about the future with this currency
1-19-2020 Newshound Guru MilitiaMan Article: "Al-Fateh reveals an intention to elect the Prime Minister directly from the people" This is why imo there is no hold up with the PM in regards to monetary reforms. The caretaker government is in place and can facilitate the 2019 FML Amendment that was completed long before and even prior to the resignation of Mahdi! The elites and educated know this and will massage things in order to get a non dialectic Prime Minister. The Monetary Reforms will need to be met regardless now with the liquidity issues they’ll be facing shortly if not already now. Imo.
1-19-2020 Intel Guru Frank26 ...I feel IMO that the government of Iraq and the CBI are two different things. Separate male-female and yet ironically enough you need the two to create something beautiful. Life. The CBI is working on raising the value of the Iraqi dinar and the GOI is also working on cleaning itself out. Well it turns out that just 3 days ago Trump went into the CBI and they arrested people left and right. They're cleaning the swamp so that the country of Iraq can stand by itself and have their own currency and be proud of it. And that's what's going on right now...
1-19-2020 Newshound Guru MilitiaMan Article: "Deputy: The budget law will arrive in the coming hours in parliament" There is a difference between the 2020 Budget Law and the 2019 FML Amendment. Imo This is for and is to be used for after the exposure of the 2019 FML Amendment which will be the mechanism for international trade. In other words, our expectations will be met prior to ever opening the doors internationally. Here again it is said days before Mahdi resigned that the 2020 Budget law was signed before Mahdi resigned.. The powers that be behind the scenes know full well how the system works and have been prepared and on top of things even with all the antics thrown at them by the corrupt...
1-18-2020 Intel Guru Frank26 ...what if there was a date for the stoppage of the auctions? ...what if Trump gave the CBI a date of when to stop the auctions? ...if there is any possibility of that being true, it's over. Stopping the auction and restricting the American dollar to be used inside of Iraq. Wow. It would crush Iraq. They would fall to their knees financially. They'd have to raise the value quickly. So you stopped the auctions Mr. President, how long can they hold their breath? Probably as long as a human being can. 30 seconds if that...they would have no choice but to do something with their currency. Add value to it. Bring out the new small category notes. Change the exchange rate...this is a good and positive thing for the monetary reform....
1-18-2020 Newshound Guru MilitiaMan ...they will have to report at some point the rate for January, as that is a transparency issue for the world at large. A key indicator is that they massively reduced the note count and have populated the banks with new small category notes And fils now from what we here. What the data to me supports is that the credit transfers ceasing in the end September 2019, the loan modifications happening just a month later real close and the present the lack of some reporting by the CBI now of critical items aforementioned earlier (Nov 30) shows me the CBI has openly shown us that a significant rate change is coming soon!! ...In the end the evidence from the CBI supports imo, we are going to see them paid...Report and internationally accepted rate and have it reported by 01/31/2020, in my honest opinion that is 100% now, aside from an act of God ... and the CBI does exactly as they have shown they are doing! [post 2 of 2]
1-18-2020 Newshound Guru MilitiaMan Today we see an article about a company in Mosul having 10 offices to exchange again after many years both inside and out outside Iraq! They will need to be able to do so now, as this month’s exchange rate will need to be reported accordingly in regard to a rate! Imo The CBI published a rate for year end Dec 2019 at 1182 on December 31. They have not as of yesterday updated the data for Dec 2019 as they did for November 2019 for things like the reduction of money, the amount of money to commercial banks, yet. We know they modified those latter two on November 30th and published the modification on 12/08/2019...So it appears they are holding back reporting of those crucial numbers for a reason. Imo That is possibly because they can and will if need be for sensitivity related issues, such as a rate disclosure or exposure of any, and the timing of it or them accordingly, will be kept quiet until the very end. [post 1 of 2....stay tuned]
1-18-2020 Newshound Guru Kaperoni ...Guru Mtn Goat seems to think the CBI has issued a 100k dinar note. The CBI specifically stated several months ago their was no need for such a note and I have not heard or seen one in the public or press... [reference Guru Mnt Goat post 1-17-2020...Parts 1 & 2]
1-18-2020 Intel Guru Frank26 Now due to the article about many being arrested from the CBI this situation called the monetary reform it has turned into, insistence! It has turned into an insistence! NOW! [Guru] Walkingstick told me President Trump is putting pressure on them like you have no idea...
1-18-2020 Newshound/Intel Guru Mnt Goat ...I want to caution everyone in believing that Iraq needs a robust economy or that they need a partial or total reconstruction of their country to reinstate their currency...These ideas of needing a robust economy and a reconstructed Iraq is NOT the case. In fact, it is just the opposite. Iraq will need the funds from the reinstatement and the currency to attract investors and the funding for the reconstruction effort...Why in hell are we seeing all of a sudden, the US pushing to get rid of the Iranian influence and all its corrupt politicians from Iraq. Folks – it is time for the reinstatement and the US must secure its investment along with China. The CBI is ready and the world is ready for Iraq. It is time….
1-18-2020 Newshound Guru MilitiaMan ...they will have to report at some point the rate for January, as that is a transparency issue for the world at large. A key indicator is that they massively reduced the note count and have populated the banks with new small category notes And fils now from what we here. What the data to me supports is that the credit transfers ceasing in the end September 2019, the loan modifications happening just a month later real close and the present the lack of some reporting by the CBI now of critical items aforementioned earlier (Nov 30) shows me the CBI has openly shown us that a significant rate change is coming soon!! ...In the end the evidence from the CBI supports imo, we are going to see them paid...Report and internationally accepted rate and have it reported by 01/31/2020, in my honest opinion that is 100% now, aside from an act of God ... and the CBI does exactly as they have shown they are doing! [post 2 of 2]
1-18-2020 Newshound Guru MilitiaMan Today we see an article about a company in Mosul having 10 offices to exchange again after many years both inside and out outside Iraq! They will need to be able to do so now, as this month’s exchange rate will need to be reported accordingly in regard to a rate! Imo The CBI published a rate for year end Dec 2019 at 1182 on December 31. They have not as of yesterday updated the data for Dec 2019 as they did for November 2019 for things like the reduction of money, the amount of money to commercial banks, yet. We know they modified those latter two on November 30th and published the modification on 12/08/2019...So it appears they are holding back reporting of those crucial numbers for a reason. Imo That is possibly because they can and will if need be for sensitivity related issues, such as a rate disclosure or exposure of any, and the timing of it or them accordingly, will be kept quiet until the very end. [post 1 of 2....stay tuned]
1-18-2020 Newshound Guru Kaperoni ...Guru Mtn Goat seems to think the CBI has issued a 100k dinar note. The CBI specifically stated several months ago their was no need for such a note and I have not heard or seen one in the public or press... [reference Guru Mnt Goat post 1-17-2020...Parts 1 & 2]
1-18-2020 Intel Guru Frank26 Now due to the article about many being arrested from the CBI this situation called the monetary reform it has turned into, insistence! It has turned into an insistence! NOW! [Guru] Walkingstick told me President Trump is putting pressure on them like you have no idea...
1-18-2020 Newshound/Intel Guru Mnt Goat ...I want to caution everyone in believing that Iraq needs a robust economy or that they need a partial or total reconstruction of their country to reinstate their currency...These ideas of needing a robust economy and a reconstructed Iraq is NOT the case. In fact, it is just the opposite. Iraq will need the funds from the reinstatement and the currency to attract investors and the funding for the reconstruction effort...Why in hell are we seeing all of a sudden, the US pushing to get rid of the Iranian influence and all its corrupt politicians from Iraq. Folks – it is time for the reinstatement and the US must secure its investment along with China. The CBI is ready and the world is ready for Iraq. It is time….
1-17-2020 Newshound/Intel Guru BGG Article: "The Central Bank of Iraq file … an employee reveals the hidden" Quote: “White House sources assured her that the US administration has started investigations with senior influential employees of the Central Bank of Iraq after it became clear that pro-Iranian banks are trying to break US economic sanctions by smuggling the dollar to Iran and its allies in the region.” Once the US gets serious about putting pressure on Iran through the CBI (of Iraq), it could well mean good news for us… with any luck at all. The end of the CBI currency auctions, which is the main door through which Iran transports US dollars into their economy, means the beginning of economic and currency reform in Iraq. This scenario may turn out to be the “Golden Unicorn” for us.
1-17-2020 Intel Guru Bruce [via WiserNow] ...we’re going to take you all the way to the end of this line...through the finish line – we know the finish is close...we’ve got a 3 day weekend coming up...We are probably going to start Tuesday with [800] numbers late morning and start of exchanges a couple hours later – that’s the scenario we’re hearing right now...Iraq is supposed to finally RV their currency Saturday and put their new rate in the gazette – FINALLY...we heard this a couple days ago that Saturday was supposed to be the day - that Iraq will do a full revaluation...I think we are really set to start...We’re in good shape...
1-17-2020 Newshound/Intel Guru Mnt Goat However, the banks could not circulate these 50k and 100k notes and they are meant only for “inter-banking” transactions ONLY. In other words, they do not go out to the general public and are ONLY to be used within the banks. Why would they need such large denominations? They need them now because they are getting ready for the “international Monetary Exchange” between countries. If they are going to shut off currency auctions and use strictly Iraqi dinar, they will need these much larger denominations. ...This is part of the overall monetary reform plan...No, we didn’t get our reinstatement yet but we did get this VERY good news this week. Things are still moving ahead and will continue until the day they pull the trigger. [post 2 of 2]
1-17-2020 Newshound/Intel Guru Mnt Goat There is some good news this week. ...when the banks turn in the larger 3 zero notes they get a “credit” from the CBI. This means the CBI owes them the sum of the balance of what they just turned in...So, this week the CBI started issuing 50k and 100k notes to the banks to satisfy these credits. Folks this is...really fantastic news for us. If you remember the 50k notes were already issued way back in 2003 but were quickly recalled since they did not serve their purpose at that time. Next remember we have been told many times that these larger 3 zero notes will “coincide” with the smaller category notes. So, these 50k and 100k notes fit right into what the CBI has been telling us all along. The best part of this story is they are NOW doing it. WOW! Are they getting ready for something? [post 1 of 2....stay tuned]
1-17-2020 Intel Guru MarkZ [via PDK] This morning they [Redemption Centers] are on call…not fully staffed today... Folks I talked with are now looking at early next week. I know we are close...and every time we have a 3 day weekend we all wonder “is this it?” My banking contacts still say we are here…right on top of it…but they have notoriously been wrong. Do I think they deliberately give me bad information? I think they have been given wrong information many times… [I think they (banks) smell...the frustration of people wanting to give up.] I agree…they smell how close this is...
1-17-2020 Newshound Guru Jeff It only cost Iraq $15 to extract oil out of the ground. Fifteen bucks for a barrel of oil and they're turning around selling it...around $65 a barrel...their deficit is under control...so we're looking good...
1-17-2020 Newshound Guru Kaperoni ...The auctions are still a problem and must continue for now to maintain stability of the exchange rate. The daily currency auctions cannot end until the CBI accepts IMF Article VIII and begins floating the dinar. [Reference Guru Frank26 two part post 1-16-2020]
1-17-2020 Intel Guru Bruce [via WiserNow] ...we’re going to take you all the way to the end of this line...through the finish line – we know the finish is close...we’ve got a 3 day weekend coming up...We are probably going to start Tuesday with [800] numbers late morning and start of exchanges a couple hours later – that’s the scenario we’re hearing right now...Iraq is supposed to finally RV their currency Saturday and put their new rate in the gazette – FINALLY...we heard this a couple days ago that Saturday was supposed to be the day - that Iraq will do a full revaluation...I think we are really set to start...We’re in good shape...
1-17-2020 Newshound/Intel Guru Mnt Goat However, the banks could not circulate these 50k and 100k notes and they are meant only for “inter-banking” transactions ONLY. In other words, they do not go out to the general public and are ONLY to be used within the banks. Why would they need such large denominations? They need them now because they are getting ready for the “international Monetary Exchange” between countries. If they are going to shut off currency auctions and use strictly Iraqi dinar, they will need these much larger denominations. ...This is part of the overall monetary reform plan...No, we didn’t get our reinstatement yet but we did get this VERY good news this week. Things are still moving ahead and will continue until the day they pull the trigger. [post 2 of 2]
1-17-2020 Newshound/Intel Guru Mnt Goat There is some good news this week. ...when the banks turn in the larger 3 zero notes they get a “credit” from the CBI. This means the CBI owes them the sum of the balance of what they just turned in...So, this week the CBI started issuing 50k and 100k notes to the banks to satisfy these credits. Folks this is...really fantastic news for us. If you remember the 50k notes were already issued way back in 2003 but were quickly recalled since they did not serve their purpose at that time. Next remember we have been told many times that these larger 3 zero notes will “coincide” with the smaller category notes. So, these 50k and 100k notes fit right into what the CBI has been telling us all along. The best part of this story is they are NOW doing it. WOW! Are they getting ready for something? [post 1 of 2....stay tuned]
1-17-2020 Intel Guru MarkZ [via PDK] This morning they [Redemption Centers] are on call…not fully staffed today... Folks I talked with are now looking at early next week. I know we are close...and every time we have a 3 day weekend we all wonder “is this it?” My banking contacts still say we are here…right on top of it…but they have notoriously been wrong. Do I think they deliberately give me bad information? I think they have been given wrong information many times… [I think they (banks) smell...the frustration of people wanting to give up.] I agree…they smell how close this is...
1-17-2020 Newshound Guru Jeff It only cost Iraq $15 to extract oil out of the ground. Fifteen bucks for a barrel of oil and they're turning around selling it...around $65 a barrel...their deficit is under control...so we're looking good...
1-17-2020 Newshound Guru Kaperoni ...The auctions are still a problem and must continue for now to maintain stability of the exchange rate. The daily currency auctions cannot end until the CBI accepts IMF Article VIII and begins floating the dinar. [Reference Guru Frank26 two part post 1-16-2020]
1-16-2020 Newshound Guru Jeff ...Parliament is going to be implementing about a month and a half long recess so they'll probably resume somewhere around early March...IMO I feel that what that is telling us is that they are not or can not even start the approval process of the budget until after the rate has changed...everything within Iraq right now is waiting on the rate change. The budget is waiting on the rate change now. All of the demonstrators demands are waiting on the rate change. Everything they did through the entire freaking year of '19 is waiting on the rate change. Guys it does not get any better than that. We're looking good...
1-16-2020 Newshound/Intel Guru Mnt Goat ...I know for a FACT that the corruption in Iraq has to be curbed in order for the reinstatement to take place. They need a stable government and to ensure the wealth of Iraq stays within Iraq... I...told everyone that my last talk with the CBI said that they were still moving along with the “project to delete the zeros” in spite of the turmoil with the government. Remember there are two parallel paths moving along. One path is the financial reforms of the CBI and the other is what the government has to do to support it. The path of the government is along the lines of security and stability. So, do you really think Iraq has a stable government right now? ...This could suddenly change but not yet. I know many of you are expecting me to give some sort of new timeline today but...I can not give a timeline since the prime minister first has to be nominated and then ratified in parliament. Once this is done, I will contact the CBI and see what I can find out. Now you know they will never give me an exact time but they do give me information that leads me to conclude what they might be up to. So, we sit and wait.
1-16-2020 Intel Guru MarkZ [via PDK] [...the CBI had many of their employees arrested today. Four major ones. And one that owned a bank...What was the results? Money was being sent to Iran...is the big reason why Donald Trump will stop the auctions...and that alone will force Iraq to do what you and I want them to do with the monetary reform.] ...I have not had a chance to follow up on that yet. I was told awhile ago that part of the reason this has drug out so long is Iranian influence in Iraq...and corruption in the CBI… I was told that part of the flare up in Iraq was removing the Iranian influence before the reset. So this is probably a good thing… [Reference Guru Frank26 two part post 1-16-2020]
1-16-2020 Newshound Guru Adam Montana POP QUIZ TIME! Who is the Prime Minister of Iraq? (Insert Jeopardy music...) Ok, time's up. The answer is: Abdul Mahdi! ...Yep, Abdul Mahdi. The same guy that was supposed to be replaced. Then the President of Iraq was also going to resign, and there was 15 days to resolve it all...Mahdi, who should have been replaced by now, is not looking like a PM that is on the way out! As a matter of fact...it looks to me like the whole resignation thing is almost blown over and forgotten. Maybe that was the plan from the beginning, or maybe it just worked out that way, but I stated back in November that I like Mahdi in his role. If he does indeed end up staying - and continues to actually govern...he's still a good person for that role, very capable of orchestrating the situation we need for a successful RV...closer and closer we inch, every single day!...
1-16-2020 Intel/Newshound Guru Frank26 ...IMO Trump is insisting to stop the usage of the American dollar through their auctions. Why? To play fair...what is happening is the reason why the auction are about to be shut down. What happens if they shut down the auctions? They have to use their own currency...you shut down those auctions President Trump and you force them to raise the value of their currency. You timed this brilliantly. Freaking brilliantly. [Post 2 of 2]
1-16-2020 Intel Guru MarkZ [via PDK] Not as noisy as I had expected after the trade deal yesterday…Just more static that we are right here on it and for us to be patient a little while longer. I was just really expecting a lot more after yesterday. I was expecting 800 numbers… I am still hearing things will be rolling out the next couple days. Redemption Centers are still fully staffed today...Iraqi contacts are still looking at the new rate to happen by Saturday Morning...
1-16-2020 Intel/Newshound Guru Frank26 ...the CBI had many of their employees arrested today. Four major ones. And one that owned a bank...What was the results? Money was being sent to Iran...what happened today...is the big reason why Donald Trump will stop the auctions...and that alone will force Iraq do do what you and I want them to do with the monetary reform...this will force their hand to do something to maintain the exchange rate that is stable right now by the sale of the American dollar through the auctions...this will force Iraq to lift the three zeros. It will force them to come out with the new small category notes, to have the new exchange rate come out... [Post 1 of 2]
1-16-2020 Newshound/Intel Guru Mnt Goat ...I know for a FACT that the corruption in Iraq has to be curbed in order for the reinstatement to take place. They need a stable government and to ensure the wealth of Iraq stays within Iraq... I...told everyone that my last talk with the CBI said that they were still moving along with the “project to delete the zeros” in spite of the turmoil with the government. Remember there are two parallel paths moving along. One path is the financial reforms of the CBI and the other is what the government has to do to support it. The path of the government is along the lines of security and stability. So, do you really think Iraq has a stable government right now? ...This could suddenly change but not yet. I know many of you are expecting me to give some sort of new timeline today but...I can not give a timeline since the prime minister first has to be nominated and then ratified in parliament. Once this is done, I will contact the CBI and see what I can find out. Now you know they will never give me an exact time but they do give me information that leads me to conclude what they might be up to. So, we sit and wait.
1-16-2020 Intel Guru MarkZ [via PDK] [...the CBI had many of their employees arrested today. Four major ones. And one that owned a bank...What was the results? Money was being sent to Iran...is the big reason why Donald Trump will stop the auctions...and that alone will force Iraq to do what you and I want them to do with the monetary reform.] ...I have not had a chance to follow up on that yet. I was told awhile ago that part of the reason this has drug out so long is Iranian influence in Iraq...and corruption in the CBI… I was told that part of the flare up in Iraq was removing the Iranian influence before the reset. So this is probably a good thing… [Reference Guru Frank26 two part post 1-16-2020]
1-16-2020 Newshound Guru Adam Montana POP QUIZ TIME! Who is the Prime Minister of Iraq? (Insert Jeopardy music...) Ok, time's up. The answer is: Abdul Mahdi! ...Yep, Abdul Mahdi. The same guy that was supposed to be replaced. Then the President of Iraq was also going to resign, and there was 15 days to resolve it all...Mahdi, who should have been replaced by now, is not looking like a PM that is on the way out! As a matter of fact...it looks to me like the whole resignation thing is almost blown over and forgotten. Maybe that was the plan from the beginning, or maybe it just worked out that way, but I stated back in November that I like Mahdi in his role. If he does indeed end up staying - and continues to actually govern...he's still a good person for that role, very capable of orchestrating the situation we need for a successful RV...closer and closer we inch, every single day!...
1-16-2020 Intel/Newshound Guru Frank26 ...IMO Trump is insisting to stop the usage of the American dollar through their auctions. Why? To play fair...what is happening is the reason why the auction are about to be shut down. What happens if they shut down the auctions? They have to use their own currency...you shut down those auctions President Trump and you force them to raise the value of their currency. You timed this brilliantly. Freaking brilliantly. [Post 2 of 2]
1-16-2020 Intel Guru MarkZ [via PDK] Not as noisy as I had expected after the trade deal yesterday…Just more static that we are right here on it and for us to be patient a little while longer. I was just really expecting a lot more after yesterday. I was expecting 800 numbers… I am still hearing things will be rolling out the next couple days. Redemption Centers are still fully staffed today...Iraqi contacts are still looking at the new rate to happen by Saturday Morning...
1-16-2020 Intel/Newshound Guru Frank26 ...the CBI had many of their employees arrested today. Four major ones. And one that owned a bank...What was the results? Money was being sent to Iran...what happened today...is the big reason why Donald Trump will stop the auctions...and that alone will force Iraq do do what you and I want them to do with the monetary reform...this will force their hand to do something to maintain the exchange rate that is stable right now by the sale of the American dollar through the auctions...this will force Iraq to lift the three zeros. It will force them to come out with the new small category notes, to have the new exchange rate come out... [Post 1 of 2]
1-15-2020 Intel Guru Frank26 [From Eddie (Firefly77) They are telling us on TV that The International Management law that was passed is a tool to be used when the rate is changed...relating to International Standards.] Wow. Let that sink in…the International Management law that was passed yesterday (amended) It was passed a while ago and the caretaker Govt. can only amend it….but they are telling the Iraqi citizens on TV that this law is a tool that will be used when the rate is changed!!! WHEN THE RATE IS CHANGED!!!! Relating to international standards!! In order for it to meet international standards it must be under article 8...seriously that is awesome.
1-15-2020 Intel Guru Bruce [via WiserNow] Now, what I’ve been told from several sources...is, shortly after the signature takes place...we do believe that we are on track for this to go...We’ve got 10-12 days to do our exchanges at the redemption centers – From whatever date we start...and then they will reset screen rates and so on for the public after the redemption centers are closed...We have the RV / GCR in our spirit – all we’re looking for now is the manifestation of it which we believe could very well be tomorrow [Wednesday]. [post 2 of 2]
1-15-2020 Intel Guru Bruce [via WiserNow] ...our Treasury Secretary - Mnuchin said that there was a chapter in the China Trade Agreement – One chapter that dealt with currencies...we know there are some things in that agreement that deal with our currencies - okay - I thought it was interesting that he brought that up in the interview...So, what I’m saying is; When President Trump puts his presidential signature and seal to this agreement tomorrow that in effect is locking in everything for us to move forward into our redemption period... [post 1 of 2....stay tuned]
1-15-2020 Intel Guru MarkZ Big expectant day today…China Trade deal signing today…All eyes and sources are fixed on this afternoon for things to break loose. My sources say the public signing is necessary for the reset release. At redemption Centers – they are fully staffed again today…going on week number 2 for full staffing…they are very expectant this week. I really feel we are in a fantastic spot today.
1-15-2020 Newshound Guru Jeff ...I spoke with my Iraqi contact who works within the Iraqi government...I asked him...could Iraq be transitioning to a different fiscal period from April through March? ...He could not give me an answer either way...the next question I asked him was, their 'when do you think Iraq might be completing 2020 budget' and he said they're gonna probably get to it a little bit later this year. They're just busy. They have a lot going on. He said they probably won't be completing the 2020 budget until the month of May...that raised a red flag with me. Here's what that might mean...there's a good chance that the Iraqi Government might not even start the voting process on the budget until after the rate changes which means they might not even start the budget until the month of April.
1-15-2020 Newshound Guru Kaperoni ...Can the dinar go up in value? Yes, and it may once they start getting a substantial amount of investment coming in to help rebuild the country. There is no overnight RV.
1-15-2020 Intel Guru Bruce [via WiserNow] Now, what I’ve been told from several sources...is, shortly after the signature takes place...we do believe that we are on track for this to go...We’ve got 10-12 days to do our exchanges at the redemption centers – From whatever date we start...and then they will reset screen rates and so on for the public after the redemption centers are closed...We have the RV / GCR in our spirit – all we’re looking for now is the manifestation of it which we believe could very well be tomorrow [Wednesday]. [post 2 of 2]
1-15-2020 Intel Guru Bruce [via WiserNow] ...our Treasury Secretary - Mnuchin said that there was a chapter in the China Trade Agreement – One chapter that dealt with currencies...we know there are some things in that agreement that deal with our currencies - okay - I thought it was interesting that he brought that up in the interview...So, what I’m saying is; When President Trump puts his presidential signature and seal to this agreement tomorrow that in effect is locking in everything for us to move forward into our redemption period... [post 1 of 2....stay tuned]
1-15-2020 Intel Guru MarkZ Big expectant day today…China Trade deal signing today…All eyes and sources are fixed on this afternoon for things to break loose. My sources say the public signing is necessary for the reset release. At redemption Centers – they are fully staffed again today…going on week number 2 for full staffing…they are very expectant this week. I really feel we are in a fantastic spot today.
1-15-2020 Newshound Guru Jeff ...I spoke with my Iraqi contact who works within the Iraqi government...I asked him...could Iraq be transitioning to a different fiscal period from April through March? ...He could not give me an answer either way...the next question I asked him was, their 'when do you think Iraq might be completing 2020 budget' and he said they're gonna probably get to it a little bit later this year. They're just busy. They have a lot going on. He said they probably won't be completing the 2020 budget until the month of May...that raised a red flag with me. Here's what that might mean...there's a good chance that the Iraqi Government might not even start the voting process on the budget until after the rate changes which means they might not even start the budget until the month of April.
1-15-2020 Newshound Guru Kaperoni ...Can the dinar go up in value? Yes, and it may once they start getting a substantial amount of investment coming in to help rebuild the country. There is no overnight RV.
1-14-2020 Newshound Guru Jeff Article "Al-Suri: closing the US Federal Account for Iraq means the country's total collapse" ...this article confirms that the oil revenue account is in the Federal Reserve Bank in New York...the US government has control over Iraq's wealth. There it is right there. Boom...this confirms Iraq's oil money is in the hands of the US government and we control it because of all the corruption they've had over the years...
1-14-2020 Newshound/Intel Guru Francis Albert I believe that the way this is structured, and only an opinion...Your Dinar, actual paper, will be presented to a bank who deals in International currencies, and they will exchange Dollars, (digital), to your account. Banks create these dollars on a computer. This is where the bulk of the "money" will come from. All currencies are debt instruments, all of them. And being a debt instrument, banks, and of course the FED that they own, monetize debt instruments...creating digital dollars on a computer and exchanging for the note in question: i.e. mortgage, care loan, credit card, and currencies. These actual notes then, IMO, will end up at US Treasury, via the FED, who takes a cut, of course..and then UST will eventually exchange the Dinar to Iraq until the end of time for oil. And this, IMO, is the process Bush43 was talking about when he says, "iraq will pay for the war..."
1-14-2020 Intel Guru Frank26 ...the Central Bank of Iraq is opening up 4 accounts with federal banks in the US...in order to expedite the deals done with China. Lord God Almighty how big must these accounts be? Those are 4 big giant platforms being used...these accounts were made for one thing. China deal...Iraq is about to explode big time...
1-14-2020 Newshound/Intel Guru Mnt Goat Article quote: "Iraqi politician and former Nineveh governor, Atheel al-Nujaifi, indicated on Sunday that SAVING IRAQ FROM ECONOMIC SANCTIONS is the people's first demand." ...Iraq really does not want to go down this road of sanctions again. They have experienced this before and it is not good. Of course the pro-Iranian politicians don’t give a shit and would allow this to occur. This would be feeding right into what they want for Iraq. They do not want Iraq to prosper. They want to continue the currency auctions indefinitely and this is why it is so hard to stop them. Once this Iranian power hold is gone we will see the reinstatement occur very quickly. It is now happening.
1-14-2020 Intel Guru MarkZ Almost every source I have is looking at big things happening right after the China Trade deal is signed tomorrow…I am trying to manage my expectations…but sources are sure excited...In Iraq, we are told that they are expecting to have a new published rate by Saturday morning. [Hearing any news on rates lately?] I am hearing the contract rate on the dinar could be as high as $8…street rate in the high $3’s or low $4’s possibly…I hear that contract rate could be as high as $2+ on the Dong with a .47 street rate which could float up to $2+… Tomorrow looks like will be a big day
1-14-2020 Newshound Guru Jeff ...everything is looking really good. Iraq just keeps showing us with more additional news frequently that they've got to get that rate changed. Everything looks good for us. We're on the right track. A little more time needed of course. You guys know that the number one thing that I personally feel we're waiting on from facts is just the 2020 budget. They'll probably only need about two months to get the budget done and approved...they're hiding it from us. They don't want us to see it because it's a very important key piece to the puzzle. IMO it's the last piece of the puzzle right now. Let's see what happens...
1-14-2020 Intel Guru Frank26 ...the CBI has no problems with the protesting. The CBI has no problems with the Iranian influence because the CBI is well protected. The CBI has supercomputers. The CBI has the new small category notes. The CBI has the new rate...all of this is IMO. So what does the CBI have to worry about? Nothing. So they go about their business and what they are doing is revealing their business. The latest thing they did was told the banks of Iraq...we are going to retrieve what you collected from the streets. The three zeros [notes].
1-14-2020 Newshound Guru chattels The much talked about 35 billion of Iraq's money held in the USA and the subject of a recent tweet by President Trump is likely the Development Fund for Iraq (DFI) in Federal Bank’s New York branch. These are dollars from the sale of Iraqi oil, IMO.
1-14-2020 Newshound/Intel Guru Francis Albert I believe that the way this is structured, and only an opinion...Your Dinar, actual paper, will be presented to a bank who deals in International currencies, and they will exchange Dollars, (digital), to your account. Banks create these dollars on a computer. This is where the bulk of the "money" will come from. All currencies are debt instruments, all of them. And being a debt instrument, banks, and of course the FED that they own, monetize debt instruments...creating digital dollars on a computer and exchanging for the note in question: i.e. mortgage, care loan, credit card, and currencies. These actual notes then, IMO, will end up at US Treasury, via the FED, who takes a cut, of course..and then UST will eventually exchange the Dinar to Iraq until the end of time for oil. And this, IMO, is the process Bush43 was talking about when he says, "iraq will pay for the war..."
1-14-2020 Intel Guru Frank26 ...the Central Bank of Iraq is opening up 4 accounts with federal banks in the US...in order to expedite the deals done with China. Lord God Almighty how big must these accounts be? Those are 4 big giant platforms being used...these accounts were made for one thing. China deal...Iraq is about to explode big time...
1-14-2020 Newshound/Intel Guru Mnt Goat Article quote: "Iraqi politician and former Nineveh governor, Atheel al-Nujaifi, indicated on Sunday that SAVING IRAQ FROM ECONOMIC SANCTIONS is the people's first demand." ...Iraq really does not want to go down this road of sanctions again. They have experienced this before and it is not good. Of course the pro-Iranian politicians don’t give a shit and would allow this to occur. This would be feeding right into what they want for Iraq. They do not want Iraq to prosper. They want to continue the currency auctions indefinitely and this is why it is so hard to stop them. Once this Iranian power hold is gone we will see the reinstatement occur very quickly. It is now happening.
1-14-2020 Intel Guru MarkZ Almost every source I have is looking at big things happening right after the China Trade deal is signed tomorrow…I am trying to manage my expectations…but sources are sure excited...In Iraq, we are told that they are expecting to have a new published rate by Saturday morning. [Hearing any news on rates lately?] I am hearing the contract rate on the dinar could be as high as $8…street rate in the high $3’s or low $4’s possibly…I hear that contract rate could be as high as $2+ on the Dong with a .47 street rate which could float up to $2+… Tomorrow looks like will be a big day
1-14-2020 Newshound Guru Jeff ...everything is looking really good. Iraq just keeps showing us with more additional news frequently that they've got to get that rate changed. Everything looks good for us. We're on the right track. A little more time needed of course. You guys know that the number one thing that I personally feel we're waiting on from facts is just the 2020 budget. They'll probably only need about two months to get the budget done and approved...they're hiding it from us. They don't want us to see it because it's a very important key piece to the puzzle. IMO it's the last piece of the puzzle right now. Let's see what happens...
1-14-2020 Intel Guru Frank26 ...the CBI has no problems with the protesting. The CBI has no problems with the Iranian influence because the CBI is well protected. The CBI has supercomputers. The CBI has the new small category notes. The CBI has the new rate...all of this is IMO. So what does the CBI have to worry about? Nothing. So they go about their business and what they are doing is revealing their business. The latest thing they did was told the banks of Iraq...we are going to retrieve what you collected from the streets. The three zeros [notes].
1-14-2020 Newshound Guru chattels The much talked about 35 billion of Iraq's money held in the USA and the subject of a recent tweet by President Trump is likely the Development Fund for Iraq (DFI) in Federal Bank’s New York branch. These are dollars from the sale of Iraqi oil, IMO.
1-13-2020 Intel/Newshound Guru sandyf Trump said: "We have a lot of their money. There is $35 billion in an account." Guru chattels quote: "My read/take is that Trump said that there is 35 billion dollars in an account belonging to Iraq. That does not mean to me that there is 35 trillion IQD in an account." You are quite right, the accounts show investments held by the CBI in foreign banks, these investments would not be IQD but local currency. Figures are from 2018 accounts and in millions of IQD, so assets to the value of approx 38T IQD in the Bank of New York.
1-13-2020 Newshound Guru Jeff ...the dinar that we the investors hold will go from our banks back to our US Treasury and be put into our reserves, just to back the value of the US dollar...the dinar that's outside of Iraq, the Central Bank doesn't care about that. Plus the dinar is not currently internationally recognized at this time. You can't use it outside of Iraq...the dinar that's outside of Iraq will go back to each country's central bank and become a reserve foreign currency to that's country's central bank...Iraq does not have a lot of dinar in circulation. Because again it's useless outside their country...this was all put together by design.
1-13-2020 Intel Guru MarkZ Very quiet weekend news wise...contacts in Iraq very, very positive... Banking contacts extremely positive...
1-13-2020 Intel Guru Frank26 ...the 50K and the 100K they didn't just print them a few months ago...this was part of the plan a long time ago and it was part of the calculations but more importantly I want you to know this is part of the note count...as soon as they [The CBI] get the 25K notes from the banks for these 50K and 100K the CBI will burn the 25K notes...they are taking inventory of their note count so they can move forward and they're doing it by giving the 50 and 100 to the banks...
1-13-2020 Newshound Guru Jeff ...this was submitted to the US Treasury under the Freedom of Information Act. We had asked them how much Iraq dinar does the US Federal Reserve Treasury hold within its reserves? They had responded back to our request...They said in excess of 20 Trillion Iraqi dinar...
1-13-2020 Intel Guru Bruce [via WiserNow] ...the QFS System – The Quantum Financial System is a new system that we, as far as I can tell right now has completely transitioned over to from the Swift System...Two benefits for us - 2 benefits that come out immediately...No 1 the speed of transfers and they use the term ledger to ledger ...can occur in 28 – 52 seconds; even globally – around the world – that is fantastic speed – No longer will the banks hold our money while a wire is coming in or say well it’s going to take 9 days or 11 days to get here – those days are gone - We are under a new banking system...
1-13-2020 Intel Guru Frank26 ...the rate doesn't need the budget, the budget needs the rate. The RI is simply waiting for the budget, waiting for the GOI, waiting for the garbage out there to stop. Let's stop the protesting and the killing and see what else we can can do here...
1-13-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance: The 2020 budget ncludesi the payment of the last payment of Kuwait's debts" Quote: "the total amounts of the Iraqi budget for the year 2020 amount to fifty trillion Iraqi dinars..." ...that is a big change from the total 160 - 165 Trillion of the past If I recall. Hmm... Drop the Zeros, and it is in billions, just as they said their goal was if I recall that right!
1-13-2020 Newshound Guru Jeff ...the dinar that we the investors hold will go from our banks back to our US Treasury and be put into our reserves, just to back the value of the US dollar...the dinar that's outside of Iraq, the Central Bank doesn't care about that. Plus the dinar is not currently internationally recognized at this time. You can't use it outside of Iraq...the dinar that's outside of Iraq will go back to each country's central bank and become a reserve foreign currency to that's country's central bank...Iraq does not have a lot of dinar in circulation. Because again it's useless outside their country...this was all put together by design.
1-13-2020 Intel Guru MarkZ Very quiet weekend news wise...contacts in Iraq very, very positive... Banking contacts extremely positive...
1-13-2020 Intel Guru Frank26 ...the 50K and the 100K they didn't just print them a few months ago...this was part of the plan a long time ago and it was part of the calculations but more importantly I want you to know this is part of the note count...as soon as they [The CBI] get the 25K notes from the banks for these 50K and 100K the CBI will burn the 25K notes...they are taking inventory of their note count so they can move forward and they're doing it by giving the 50 and 100 to the banks...
1-13-2020 Newshound Guru Jeff ...this was submitted to the US Treasury under the Freedom of Information Act. We had asked them how much Iraq dinar does the US Federal Reserve Treasury hold within its reserves? They had responded back to our request...They said in excess of 20 Trillion Iraqi dinar...
1-13-2020 Intel Guru Bruce [via WiserNow] ...the QFS System – The Quantum Financial System is a new system that we, as far as I can tell right now has completely transitioned over to from the Swift System...Two benefits for us - 2 benefits that come out immediately...No 1 the speed of transfers and they use the term ledger to ledger ...can occur in 28 – 52 seconds; even globally – around the world – that is fantastic speed – No longer will the banks hold our money while a wire is coming in or say well it’s going to take 9 days or 11 days to get here – those days are gone - We are under a new banking system...
1-13-2020 Intel Guru Frank26 ...the rate doesn't need the budget, the budget needs the rate. The RI is simply waiting for the budget, waiting for the GOI, waiting for the garbage out there to stop. Let's stop the protesting and the killing and see what else we can can do here...
1-13-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance: The 2020 budget ncludesi the payment of the last payment of Kuwait's debts" Quote: "the total amounts of the Iraqi budget for the year 2020 amount to fifty trillion Iraqi dinars..." ...that is a big change from the total 160 - 165 Trillion of the past If I recall. Hmm... Drop the Zeros, and it is in billions, just as they said their goal was if I recall that right!
1-12-2020 Newshound Guru MilitiaMan Article quote: "The contribution to achieving development and attracting foreign investment" They don't attract much in the form of foreign investment at a program rate. The recent meetings at the CBI this week have clearly shown they are moving on with their monetary reform road map and that is to get reconstruction underway. The China deal with 100,000 barrels day to provide exactly that was just inked the other day. ...I am fairly sure they are telling us they are effectively ready to get the show on the road...Will the UST, WB, IMF, BIS and WTO be looking for them to do so? I would say absolutely they are...It is all about the money, jobs, etc...imo!
1-12-2020 Newshound Guru Kaperoni [Iraq's currency regained its footing after a few shaky days last week. IQD/USD back to pre-crisis level at banks and money changers. Thus far extent of capital flight seems limited- a good development for Iraqi people if it holds.] Yes, back in compliance. But will this period require another 90 days?
1-12-2020 Intel Guru Footforward [reference Newsflash/video 1-11-2020] He [Trump] said "their" currency. I would think that means dinar...
1-12-2020 Newshound Guru chattels Trump said: "We have a lot of their money. There is $ 35 billion in an account." My read / take is that Trump said that there is 35 billion dollars in an account belonging to Iraq. That does not mean to me that there is 35 trillion IQD in an account.
1-12-2020 Newshound Guru Jeff Article "Deputy: The vote on amending the Financial Management Law will address the problem of the delay in approving the budge". ...they're basically telling you right now that they amended to finalize the Financial Management Law...What they're telling you is that the 2020 budget is most likely going to be applied to international currency so it has to adhere to international standards...they're telling you Iraq is going international with this 2020 budget...
1-12-2020 Newshound Guru MilitiaMan The table is about to be set. Trade deal inked with Iraq and China already, then the Cookie gets Icing next week with the USA and China trade deal too. I don't know for sure, but I have a strong feeling there is no coincidence's about these to events taking place now. Even the CBI has told us they reduced the note count, they even show in their spread sheets on the Arabic side (per Delta) that they have paid for the recent new printing of money to the tune of approximately $190 million +- over the last year or so. There were and are videos...that showed the process of what they are doing with the large notes. They were and may still be destroying them...In the video they were not showing worn and torn notes. They were showing good quality 25k notes and in very large quantities. The CBI website shows in the Charts the reduction. Charts on that site are for international use and they are extremely accurate for many reasons too.
1-12-2020 Newshound Guru Kaperoni [Iraq's currency regained its footing after a few shaky days last week. IQD/USD back to pre-crisis level at banks and money changers. Thus far extent of capital flight seems limited- a good development for Iraqi people if it holds.] Yes, back in compliance. But will this period require another 90 days?
1-12-2020 Intel Guru Footforward [reference Newsflash/video 1-11-2020] He [Trump] said "their" currency. I would think that means dinar...
1-12-2020 Newshound Guru chattels Trump said: "We have a lot of their money. There is $ 35 billion in an account." My read / take is that Trump said that there is 35 billion dollars in an account belonging to Iraq. That does not mean to me that there is 35 trillion IQD in an account.
1-12-2020 Newshound Guru Jeff Article "Deputy: The vote on amending the Financial Management Law will address the problem of the delay in approving the budge". ...they're basically telling you right now that they amended to finalize the Financial Management Law...What they're telling you is that the 2020 budget is most likely going to be applied to international currency so it has to adhere to international standards...they're telling you Iraq is going international with this 2020 budget...
1-12-2020 Newshound Guru MilitiaMan The table is about to be set. Trade deal inked with Iraq and China already, then the Cookie gets Icing next week with the USA and China trade deal too. I don't know for sure, but I have a strong feeling there is no coincidence's about these to events taking place now. Even the CBI has told us they reduced the note count, they even show in their spread sheets on the Arabic side (per Delta) that they have paid for the recent new printing of money to the tune of approximately $190 million +- over the last year or so. There were and are videos...that showed the process of what they are doing with the large notes. They were and may still be destroying them...In the video they were not showing worn and torn notes. They were showing good quality 25k notes and in very large quantities. The CBI website shows in the Charts the reduction. Charts on that site are for international use and they are extremely accurate for many reasons too.
1-11-2020 *** Dinar Guru News Flash *** For the second time in a week President Trump speaks about Iraq. In last night's interview President Trump was asked, "Do you think Iraq should repay the American taxpayers for these bases...for what we've done there?" His answer was very surprising. President Trump revealed how much of Iraq's money the U.S. holds in an account. You can watch the interview above...the question begins at the 14:22 mark. Stay tuned as the gurus chime in on this very interesting revelation. The latest guru posts will continue below...
1-11-2020 Intel Guru Frank26 ...all the education is being given to the banks so they can be in accordance with the new exchange rate. It's exciting, all these little telltale signs because to me this can point to only one thing, an RI is happening. There is no denial about it. And I am very grateful for it.
1-11-2020 Newshound Guru Jeff ...they keep telling you a lot of post rate change items are inside the 2020 budget which links the 2020 budget to the rate change. Now I want to stress to you budgets do not contain rates...they're linked to the rate. The difference is if the 2020 budget was calculated at the old value it's calculated in trillions of dinar. If the 2020 budget was calculated at the rate change it would be calculated in billions of dinar hence the deletion of the zeros transitioning from trillions to billions...
1-11-2020 Intel Guru Delta ...there is something I'd like to clear up here. It's not the one or two days that they [ the CBI] is out of compliance [With the IMF 2% rule] that's a big deal and they have to start from scratch. They [the IMF] go by monthly average. So the monthly average has to be no more than 1213 [Market rate]. That's about the 2% compliance with 1190 [Official Rate]... [Note: You can always see the CBI's official and market rate for the dinar in the left column of this page]
1-11-2020 Intel Guru Frank26 ...[Guru] Walkingstick's banks are obeying the CBI and they're going to turn in all the 3 zeros [notes] they've got and they are going to get back the equivalent but not in new small category notes because they've already been delivered...
1-11-2020 Newshound Guru chattels While I remain hopeful that some day there will be an increase in the value of the dinar, I am not optimistic in the near term. My usual optimism in the first quarter is suppressed by the same old issues and now the threat of war and / or economic sanctions...
1-11-2020 Newshound Guru MilitiaMan Yesterday, the CBI Governor, ITB, Finance Minister, etc., told us they were going to protect the currency internally and externally. That is meaning to me, they have the mechanisms in place to do so. One mechanism would be to stop the MCPs and raising the rate of the IQD. The supply and demand will equalize over time, it may only take a couple weeks once they do? Regardless, that sort of support is a requirement by the IMF for completion and ascension into a market economy, imo. Iraq has been given orders to complete the MR process and they clearly are making that very apparent...that is exactly what they are doing!!! imo.
1-11-2020 Newshound Guru Jeff ...they keep telling you a lot of post rate change items are inside the 2020 budget which links the 2020 budget to the rate change. Now I want to stress to you budgets do not contain rates...they're linked to the rate. The difference is if the 2020 budget was calculated at the old value it's calculated in trillions of dinar. If the 2020 budget was calculated at the rate change it would be calculated in billions of dinar hence the deletion of the zeros transitioning from trillions to billions...
1-11-2020 Intel Guru Delta ...there is something I'd like to clear up here. It's not the one or two days that they [ the CBI] is out of compliance [With the IMF 2% rule] that's a big deal and they have to start from scratch. They [the IMF] go by monthly average. So the monthly average has to be no more than 1213 [Market rate]. That's about the 2% compliance with 1190 [Official Rate]... [Note: You can always see the CBI's official and market rate for the dinar in the left column of this page]
1-11-2020 Intel Guru Frank26 ...[Guru] Walkingstick's banks are obeying the CBI and they're going to turn in all the 3 zeros [notes] they've got and they are going to get back the equivalent but not in new small category notes because they've already been delivered...
1-11-2020 Newshound Guru chattels While I remain hopeful that some day there will be an increase in the value of the dinar, I am not optimistic in the near term. My usual optimism in the first quarter is suppressed by the same old issues and now the threat of war and / or economic sanctions...
1-11-2020 Newshound Guru MilitiaMan Yesterday, the CBI Governor, ITB, Finance Minister, etc., told us they were going to protect the currency internally and externally. That is meaning to me, they have the mechanisms in place to do so. One mechanism would be to stop the MCPs and raising the rate of the IQD. The supply and demand will equalize over time, it may only take a couple weeks once they do? Regardless, that sort of support is a requirement by the IMF for completion and ascension into a market economy, imo. Iraq has been given orders to complete the MR process and they clearly are making that very apparent...that is exactly what they are doing!!! imo.
1-10-2020 Intel/Newshound Guru Frank26 ...for those of you that say a revaluation...This is no revaluation. It's a reinstatement...turns out that the note count is being done internally because externally they already know what their numbers are...they've already retrieved 70% of the three zero [notes]...the information spread out there right now is amazing...
1-10-2020 Newshound Guru Kaperoni Like I've already said numerous times currency reform is not a random act. Is based on sound monetary principles. With all of the activities going on destabilizing economic activities in Iraq I don't expect any changes in monetary policy at this time. Iraq needs to get Parliament back in session and pass laws to invite investment and investors into Iraq. Once that occurs then we might be at a stage where some changes could be made.
1-10-2020 Intel Guru MarkZ [via PDK] [Who determines Iraq’s RV? Is it the CBI or IMF?] Both, Neither or all of the above...It’s Iraq’s job to have things ready for it…we understand they have had their part ready and been asking for it for quite some time…Now, we need the reset to occur for them to go.
1-10-2020 Intel Guru Bruce [via WiserNow] ...I would say this is a time to get prepared – we’ve got a few days here and there left I think – I think we’re going to get started and they want this to be started before the 15th which I think is going to be Monday/Tuesday which is 13th / 14th - I believe that’s going to happen based on the intel we have now –...Now, I’m going to say we are very close... I really think this thing is coming
1-10-2020 Intel Guru MarkZ [It was previously reported that Trump signed away his part in the reset ? Is this true?] I believe that but have not seen proof…based on how things appear to be playing out…i believe this could be true. Does the China trade agreement have anything to do with it? I believe it may...it is due to be signed Sunday or Monday. [Where do you think we are at?] Historically speaking I am really happy at where we are at.
1-10-2020 Newshound Guru MilitiaMan The timing of this is so very clear to be in our faces now that they have to reinstate the IQD internationally. They have no choice in the matter, now. ... small categories notes will be used in place of the trip zero notes with much more value associated with them, as noted by the need for coins. The small and large notes will co exist with the remaining straggler notes for years to come. ...I am smiling large!! You should all be too, as in light of the military actions we have witnessed, they are still moving ahead and finishing the delete the zeros project and apparently it is in full effect now. imo. [post 3 of 3]
1-10-2020 Newshound Guru MilitiaMan We hear from a source...that citizen in Iraq is hearing directly from a Bank in Baghdad and at the head of a large department level are now making the citizens aware of the banks now having been populated with new small category notes and coins (fils), and are to be distributed at the citizen level soon. This article above in my opinion supports that data, as tools or mechanisms if you will, are in fact in part a median of exchange to facilitate the transition from large to small on the street.. Small notes and coins are tools.. imo [post 2 of 3....stay tuned]
1-10-2020 Newshound Guru MilitiaMan Article: "The finance comittee reveals the mechanism for paying Iraqi debts .. And the Central reveals its policy to control the exchange rate" The fact that they are now openly talking about the tools (mechanisms) are in place to permanently correct the course of Iraq's monetary policy...is huge and very welcoming for us all. ...in respect to the conditions they are now in [militarily], they are still moving forward and head on with the monetary policy to control the exchange rate. Once they stop the auctions they will not have any other Multi Currency Practices (MCPs) to deal with. IMF requirement...The dinar exchange rate will be devoid of them (mcp) when fully article 8 and out of sanctions and thus, the world can freely trade internationally in IQD. [post 1 of 3....stay tuned]
1-10-2020 Newshound Guru Jeff ...let's look at their patterns...back on Sunday Iraq's parliament, which was a majority Shia, passed and approved a new law to remove foreign military...all that news from both direction saying that the US had to go and the US was gonna sanction Iraq was all lies and BS...What is significant about that? This is called China syndrome. Back when China had intentions of changing their rate they had put an ad in the media saying 'we have no intentions of changing our rate.' Then about 3 days later... they did change the rate...10 years I've been in this investment ...this is the largest amount of misleading information or lies in their media that I've seen in the shortest period of time and IMO they're doing this because...the whole rate change is a classified event. They don't want us to know about it...
1-10-2020 Newshound/Intel Guru Mnt Goat ...Believe me that this mission to rid Iraq of the Iranian overpowering influence has been planned since 2017, if not even before. What they needed was an opportunity to begin execution of the plan. These current events are not just happening but rather they are well thought out. It is all planned out...The US is NOT going to pullout of Iraq. We tried this already and we know Iraq is not yet ready for this...Once the currency auctions end in Iraq, and they will end, Iraq will move on. WE will go to the bank and exchange our dinar...
1-10-2020 Newshound Guru Kaperoni Like I've already said numerous times currency reform is not a random act. Is based on sound monetary principles. With all of the activities going on destabilizing economic activities in Iraq I don't expect any changes in monetary policy at this time. Iraq needs to get Parliament back in session and pass laws to invite investment and investors into Iraq. Once that occurs then we might be at a stage where some changes could be made.
1-10-2020 Intel Guru MarkZ [via PDK] [Who determines Iraq’s RV? Is it the CBI or IMF?] Both, Neither or all of the above...It’s Iraq’s job to have things ready for it…we understand they have had their part ready and been asking for it for quite some time…Now, we need the reset to occur for them to go.
1-10-2020 Intel Guru Bruce [via WiserNow] ...I would say this is a time to get prepared – we’ve got a few days here and there left I think – I think we’re going to get started and they want this to be started before the 15th which I think is going to be Monday/Tuesday which is 13th / 14th - I believe that’s going to happen based on the intel we have now –...Now, I’m going to say we are very close... I really think this thing is coming
1-10-2020 Intel Guru MarkZ [It was previously reported that Trump signed away his part in the reset ? Is this true?] I believe that but have not seen proof…based on how things appear to be playing out…i believe this could be true. Does the China trade agreement have anything to do with it? I believe it may...it is due to be signed Sunday or Monday. [Where do you think we are at?] Historically speaking I am really happy at where we are at.
1-10-2020 Newshound Guru MilitiaMan The timing of this is so very clear to be in our faces now that they have to reinstate the IQD internationally. They have no choice in the matter, now. ... small categories notes will be used in place of the trip zero notes with much more value associated with them, as noted by the need for coins. The small and large notes will co exist with the remaining straggler notes for years to come. ...I am smiling large!! You should all be too, as in light of the military actions we have witnessed, they are still moving ahead and finishing the delete the zeros project and apparently it is in full effect now. imo. [post 3 of 3]
1-10-2020 Newshound Guru MilitiaMan We hear from a source...that citizen in Iraq is hearing directly from a Bank in Baghdad and at the head of a large department level are now making the citizens aware of the banks now having been populated with new small category notes and coins (fils), and are to be distributed at the citizen level soon. This article above in my opinion supports that data, as tools or mechanisms if you will, are in fact in part a median of exchange to facilitate the transition from large to small on the street.. Small notes and coins are tools.. imo [post 2 of 3....stay tuned]
1-10-2020 Newshound Guru MilitiaMan Article: "The finance comittee reveals the mechanism for paying Iraqi debts .. And the Central reveals its policy to control the exchange rate" The fact that they are now openly talking about the tools (mechanisms) are in place to permanently correct the course of Iraq's monetary policy...is huge and very welcoming for us all. ...in respect to the conditions they are now in [militarily], they are still moving forward and head on with the monetary policy to control the exchange rate. Once they stop the auctions they will not have any other Multi Currency Practices (MCPs) to deal with. IMF requirement...The dinar exchange rate will be devoid of them (mcp) when fully article 8 and out of sanctions and thus, the world can freely trade internationally in IQD. [post 1 of 3....stay tuned]
1-10-2020 Newshound Guru Jeff ...let's look at their patterns...back on Sunday Iraq's parliament, which was a majority Shia, passed and approved a new law to remove foreign military...all that news from both direction saying that the US had to go and the US was gonna sanction Iraq was all lies and BS...What is significant about that? This is called China syndrome. Back when China had intentions of changing their rate they had put an ad in the media saying 'we have no intentions of changing our rate.' Then about 3 days later... they did change the rate...10 years I've been in this investment ...this is the largest amount of misleading information or lies in their media that I've seen in the shortest period of time and IMO they're doing this because...the whole rate change is a classified event. They don't want us to know about it...
1-10-2020 Newshound/Intel Guru Mnt Goat ...Believe me that this mission to rid Iraq of the Iranian overpowering influence has been planned since 2017, if not even before. What they needed was an opportunity to begin execution of the plan. These current events are not just happening but rather they are well thought out. It is all planned out...The US is NOT going to pullout of Iraq. We tried this already and we know Iraq is not yet ready for this...Once the currency auctions end in Iraq, and they will end, Iraq will move on. WE will go to the bank and exchange our dinar...
1-9-2020 Newshound Guru Kaperoni So is there a way to fudge the numbers when you fall out of compliance [on the 2% rule]? Who knows but the CBI does report the auction exchange rates in their spreadsheets which ultimately end up in their reports to the IMF. The bottom line is if stability is an issue I doubt the IMF would accept them into Article VIII. And if anyone questions the validity of such a rule all I have to do is go and look at the Article IV Consultations between the IMF and the Central Bank of Iraq to see that it is very clearly documented as a requirement. [Reference the dinar market rate in the left column of this page...It appeared Iraq was out of compliance for 2 days this week]
1-9-2020 Intel Guru MarkZ [via PDK] [I did see on Congress Website: start Date REMOVED for HR25 VAT “Fair Tax Act of 2019” is still pending vote—go to congress website for bill “HR25”. I noticed they REMOVED the 1/1/2020 start date removed.!] I saw that as well… IMO when they are ready it will only take 5 minutes… they can pull it out…Sign it and BOOM...it will be sitting on Trump's desk for final signature... [NOTE: Consult with your tax professional at the appropriate time.]
1-9-2020 Newshound Guru Adam Montana The "2% compliance" deal is good to see, but it's not mandatory for an RV. Consider the organization that "requires" 2% compliance... the theory falls apart after that. Iraq can go 500% out of compliance and push the RV button if they want. So long as the CBI is backing the rate, it will fly. [Reference the dinar market rate in the left column of this page...It appeared Iraq was out of compliance for 2 days this week]
1-9-2020 Newshound/Intel Guru Mnt Goat Article: "IRANIAN DOMINANCE OF IRAQ HAVE BEEN PROVEN TRUE" I have been telling everyone for years that the Iranian influence would have to be challenged and it is the problem of corruption in Iraq as to why our investment in the dinar is not going anywhere. So now we are seeing it all playing out. This is the bad news but the good news is it is now being challenged (the timing of it) and this had to occur to get to it (got to go through it to get to it) . Look at the bright side – it could be even worse as we could be waiting yet another decade for this challenge to even take place but it is happening right now. The Trump administration is getting it done and now is the time...
1-9-2020 Intel Guru MarkZ Things really seem to be heating up on the banking side of things. I am hearing all Redemption Centers are in place and ready. I am very hopeful that this is not going to be another false alarm. This time things feel very different to me.
1-9-2020 Newshound/Intel Guru Walkingstick the CBI has told us that all banks in Iraq are going to receive the 50,000 and the 100,000 freshly printed bills...The reason for it is because the CBI is now lessening the amount of 10k and 25k notes in the inventory of Iraqi banks. They want to get more of the three zeros...the CBI is sending 50k and 100k notes only to be used from bank to a bank. Each bank is getting a different specific amount. Each bank must send to the CBI in return either 4 - 25K notes or 10 - 10K notes. We [walkingstick's firm] have not received them yet. Some banks have. We believe we will be next. They are only to be used from bank to bank not for circulation. The 50k and 100K are not to be introduced to the citizens. They are to introduce the small category notes when told on their schedule. This is being used to remove the three zeros notes from the banks not to draw them in - that was already done...
1-9-2020 Newshound Guru Adam Montana Like it or not, the United States just influenced the timing and chances of a near future revalue on the Iraqi currency...but I don't believe the current events have altered the destination at all. In fact, the attack on Iranian terrorist Suleimani ...is likely in favor of a quicker path to an RV. ...it is going to be a bumpy ride, but it won't last forever. When it's over, I believe we will be in a far more favorable position to see the Iraqi currency skyrocket. Yes, I said that word: Skyrocket...we are indeed in the middle of a very tense and hectic time...buckle up, hang tight, and be ready. [post 2 of 2]
1-9-2020 Newshound Guru Adam Montana What an end to 2019, and what a start to 2020! 2019 ended in Iraq with a flurry of activity. The Prime Minister resigned, the Iraqi President threatened to do the same. There were major protests, huge shifts in the landscape, and a lot of uncertainty. ...This is exactly the type of situation where big things happen, but the world is so busy watching the "news" that it just slips under the radar. The uncertainty continues with the current situation regarding Iraq, largely because of the situation with their neighbor Iran. ...this is a fluid situation - things change fast... [post 1 of 2...stay tuned]
1-9-2020 Intel Guru MarkZ [via PDK] [I did see on Congress Website: start Date REMOVED for HR25 VAT “Fair Tax Act of 2019” is still pending vote—go to congress website for bill “HR25”. I noticed they REMOVED the 1/1/2020 start date removed.!] I saw that as well… IMO when they are ready it will only take 5 minutes… they can pull it out…Sign it and BOOM...it will be sitting on Trump's desk for final signature... [NOTE: Consult with your tax professional at the appropriate time.]
1-9-2020 Newshound Guru Adam Montana The "2% compliance" deal is good to see, but it's not mandatory for an RV. Consider the organization that "requires" 2% compliance... the theory falls apart after that. Iraq can go 500% out of compliance and push the RV button if they want. So long as the CBI is backing the rate, it will fly. [Reference the dinar market rate in the left column of this page...It appeared Iraq was out of compliance for 2 days this week]
1-9-2020 Newshound/Intel Guru Mnt Goat Article: "IRANIAN DOMINANCE OF IRAQ HAVE BEEN PROVEN TRUE" I have been telling everyone for years that the Iranian influence would have to be challenged and it is the problem of corruption in Iraq as to why our investment in the dinar is not going anywhere. So now we are seeing it all playing out. This is the bad news but the good news is it is now being challenged (the timing of it) and this had to occur to get to it (got to go through it to get to it) . Look at the bright side – it could be even worse as we could be waiting yet another decade for this challenge to even take place but it is happening right now. The Trump administration is getting it done and now is the time...
1-9-2020 Intel Guru MarkZ Things really seem to be heating up on the banking side of things. I am hearing all Redemption Centers are in place and ready. I am very hopeful that this is not going to be another false alarm. This time things feel very different to me.
1-9-2020 Newshound/Intel Guru Walkingstick the CBI has told us that all banks in Iraq are going to receive the 50,000 and the 100,000 freshly printed bills...The reason for it is because the CBI is now lessening the amount of 10k and 25k notes in the inventory of Iraqi banks. They want to get more of the three zeros...the CBI is sending 50k and 100k notes only to be used from bank to a bank. Each bank is getting a different specific amount. Each bank must send to the CBI in return either 4 - 25K notes or 10 - 10K notes. We [walkingstick's firm] have not received them yet. Some banks have. We believe we will be next. They are only to be used from bank to bank not for circulation. The 50k and 100K are not to be introduced to the citizens. They are to introduce the small category notes when told on their schedule. This is being used to remove the three zeros notes from the banks not to draw them in - that was already done...
1-9-2020 Newshound Guru Adam Montana Like it or not, the United States just influenced the timing and chances of a near future revalue on the Iraqi currency...but I don't believe the current events have altered the destination at all. In fact, the attack on Iranian terrorist Suleimani ...is likely in favor of a quicker path to an RV. ...it is going to be a bumpy ride, but it won't last forever. When it's over, I believe we will be in a far more favorable position to see the Iraqi currency skyrocket. Yes, I said that word: Skyrocket...we are indeed in the middle of a very tense and hectic time...buckle up, hang tight, and be ready. [post 2 of 2]
1-9-2020 Newshound Guru Adam Montana What an end to 2019, and what a start to 2020! 2019 ended in Iraq with a flurry of activity. The Prime Minister resigned, the Iraqi President threatened to do the same. There were major protests, huge shifts in the landscape, and a lot of uncertainty. ...This is exactly the type of situation where big things happen, but the world is so busy watching the "news" that it just slips under the radar. The uncertainty continues with the current situation regarding Iraq, largely because of the situation with their neighbor Iran. ...this is a fluid situation - things change fast... [post 1 of 2...stay tuned]
1-8-2020 *** Dinar Guru Breaking News *** President Trump had a press conference earlier today about the Iran situation in Iraq [above video]. Trump said he doesn't want any more suffering in the region and is hopeful for a peaceful relationship with Iran. He wants Iran and the Iranian people to become prosperous and peaceful members of the world and calls on the biggest nations of the world to help support that mission. Stay tuned as the gurus chime in on this breaking situation. The latest guru posts will continue below....
1-8-2020 Newshound/Intel Guru Francis Albert ...I know one thing for sure....The IMF and the Dollar Inc. FED etc. all Central Banks are run by the same crowd. They hang together talk and sit with one another. If these people want Iraq to go forward with monetary reform, as ALL evidence suggest. IMF can do what they want, and in the paperwork that has a check mark on "Is currency in compliance for 18 months? " They can check Yes, and who is going to say anything to argue the check mark. Remember in finance and Geo Politics...nothing...nothing is as it seems.
1-8-2020 Intel Guru Bruce [via WiserNow] ...the soft start; if you will, the RV, GCR started ...(Monday) – The President spoke with Steve Mnuchin and said let’s do this – let’s get this thing started - let’s get it going...so this thing is started and there’s no turning back – Now, we...are looking for our notifications to come out...the redemption centers...are also on alert...so, where we are – is very very close...
1-8-2020 Newshound/Intel Guru Mnt Goat WOW! Lots going on this past period in Iraq...millions of casual news consumers began this week believing that over the weekend, Iraq expelled the U.S. military from their country...The U.S. military is not currently under any order to leave Iraq... This is not as bad as it may seem on the surface... Now maybe Iraq can really get down to business of rebuilding their country and economy...We all need to sit and relax and watch this play out.
1-8-2020 Intel Guru MarkZ [via PDK] Redemption Centers are still staffed and ready to go . We are at a heightened state…They are ready and expectant. I still cannot be more positive at where we are at. We are in a beautiful, beautiful spot.
1-8-2020 Newshound/Intel Guru tman23 I’m more enthusiastic now then ever before, IMO Iran was an issue because the question being was...How can you back the IQD when the assets are always under the threat? Iran lost their 3 top military leaders and as I posted as told Hadr Ameri was picked up “arrested” by US military...there has been nothing in print yet to confirm but a very good source...so after last night it shows Iran is in a turmoil mess ...SIMPLY PUT, everything is far better in positioning then it was...AND I PUT ZERO STOCK IN MAINTAINING THE 2%...rules change and that one is not engraved in stone.
1-8-2020 Intel Guru MarkZ [Are redemption centers regular banks or places set up for this?] I hear that in larger cities there are place set up specifically for this to handle volume and keep pressure off the banks. But, in smaller, rural areas they will use banks.
1-8-2020 Newshound Guru Adam Montana Things are craAazZZYyy over there right now... nothing that I see at the moment is killing any chance of an RV. But it's also really hard to stay on top of actual Dinar News with the current situation. I'm watching it like a hawk though!
1-8-2020 Intel Guru Bruce [via WiserNow] ...the soft start; if you will, the RV, GCR started ...(Monday) – The President spoke with Steve Mnuchin and said let’s do this – let’s get this thing started - let’s get it going...so this thing is started and there’s no turning back – Now, we...are looking for our notifications to come out...the redemption centers...are also on alert...so, where we are – is very very close...
1-8-2020 Newshound/Intel Guru Mnt Goat WOW! Lots going on this past period in Iraq...millions of casual news consumers began this week believing that over the weekend, Iraq expelled the U.S. military from their country...The U.S. military is not currently under any order to leave Iraq... This is not as bad as it may seem on the surface... Now maybe Iraq can really get down to business of rebuilding their country and economy...We all need to sit and relax and watch this play out.
1-8-2020 Intel Guru MarkZ [via PDK] Redemption Centers are still staffed and ready to go . We are at a heightened state…They are ready and expectant. I still cannot be more positive at where we are at. We are in a beautiful, beautiful spot.
1-8-2020 Newshound/Intel Guru tman23 I’m more enthusiastic now then ever before, IMO Iran was an issue because the question being was...How can you back the IQD when the assets are always under the threat? Iran lost their 3 top military leaders and as I posted as told Hadr Ameri was picked up “arrested” by US military...there has been nothing in print yet to confirm but a very good source...so after last night it shows Iran is in a turmoil mess ...SIMPLY PUT, everything is far better in positioning then it was...AND I PUT ZERO STOCK IN MAINTAINING THE 2%...rules change and that one is not engraved in stone.
1-8-2020 Intel Guru MarkZ [Are redemption centers regular banks or places set up for this?] I hear that in larger cities there are place set up specifically for this to handle volume and keep pressure off the banks. But, in smaller, rural areas they will use banks.
1-8-2020 Newshound Guru Adam Montana Things are craAazZZYyy over there right now... nothing that I see at the moment is killing any chance of an RV. But it's also really hard to stay on top of actual Dinar News with the current situation. I'm watching it like a hawk though!
1-7-2020 Intel Guru MarkZ [What will dong rates be?] I still hear that street rate will start at about .45 to .50 cents and letting it float...contract rates may be as high as $2
1-7-2020 Newshound Guru Jeff ...what Iraq's parliament did the other day...nothing was passed or approved that was legal and binding to physically remove the US. Only the Shias attended parliament and did this act or stunt to support Iran. The Kurds and the Sunnis did not attend parliament so everything you guys are seeing in the news right now is BS and they did not pass anything legal or binding. The US is not going to be removed...
1-7-2020 Newshound Guru Kaperoni Well the fallout has begun starting with the spread on the dinar/dollar falling out of IMF compliance reaching 1227 dinar to the dollar...Not good. With the spread falling out of IMF compliance it could be 16-18 months down the drain as the CBI was working to accept Article VIII... [NOTE: You can always see the latest official CBI market rate in the left column of this page...]
1-7-2020 Intel Guru MarkZ [via PDK] Remember Noone knows the exact timing but what we hear from 3 Redemption Centers this morning is they are Fully Staffed with big expectations! So, today is a good day to keep watch...I know I will be. [Has Iraq officially RV’d yet?] No but there are rumors they could possible come out tomorrow or Saturday with the new rate.
1-7-2020 Intel Guru Frank26 Anything you read that the parliament of Iraq did, any law legislation is impossible...the only ones who wanted the American troops out were the Iranian sympathizers...it's the last scream of the Iranian militia...
1-7-2020 Newshound Guru Jeff ...What's happening between the U.S. and Iran will have no bearing on the timing of the rate change...the timing of the rate change only has one speed associated with it and it's extra slow...we are waiting on the 2020 budget with Iraq. That's what you're going to continue to see and that's how the news is going to play out. The news will walk you into the 2020 budget. That's where things are headed next...
1-7-2020 Newshound/Intel Guru Mnt Goat First of all I have been telling everyone for years now that without the elimination of Iranian influence in Iraq there would be no RV...I also said the US was plotting a way to get them out of Iraq... They have plan and so be patient and watch it unfold...I know it may seem gloomy at times but hang in there...Don't give up now.
1-7-2020 Newshound Guru Kaperoni ...There is no reinstatement. No RV or RI. Not how monetary policy works. Under the current conditions, things are beginning to deteriorate as a result of the backlash from US military efforts to eliminate Iranian general Soleimani. Parliament wants US troops out, the US has threatened economic consequences and as a result the exchange rate is deteriorating. No currency reform is in the near future. Iraq also fears the loss of economic activities and investment. Sit back and relax we are going to have to be patient and wait this out.
1-7-2020 Newshound Guru Jeff ...what Iraq's parliament did the other day...nothing was passed or approved that was legal and binding to physically remove the US. Only the Shias attended parliament and did this act or stunt to support Iran. The Kurds and the Sunnis did not attend parliament so everything you guys are seeing in the news right now is BS and they did not pass anything legal or binding. The US is not going to be removed...
1-7-2020 Newshound Guru Kaperoni Well the fallout has begun starting with the spread on the dinar/dollar falling out of IMF compliance reaching 1227 dinar to the dollar...Not good. With the spread falling out of IMF compliance it could be 16-18 months down the drain as the CBI was working to accept Article VIII... [NOTE: You can always see the latest official CBI market rate in the left column of this page...]
1-7-2020 Intel Guru MarkZ [via PDK] Remember Noone knows the exact timing but what we hear from 3 Redemption Centers this morning is they are Fully Staffed with big expectations! So, today is a good day to keep watch...I know I will be. [Has Iraq officially RV’d yet?] No but there are rumors they could possible come out tomorrow or Saturday with the new rate.
1-7-2020 Intel Guru Frank26 Anything you read that the parliament of Iraq did, any law legislation is impossible...the only ones who wanted the American troops out were the Iranian sympathizers...it's the last scream of the Iranian militia...
1-7-2020 Newshound Guru Jeff ...What's happening between the U.S. and Iran will have no bearing on the timing of the rate change...the timing of the rate change only has one speed associated with it and it's extra slow...we are waiting on the 2020 budget with Iraq. That's what you're going to continue to see and that's how the news is going to play out. The news will walk you into the 2020 budget. That's where things are headed next...
1-7-2020 Newshound/Intel Guru Mnt Goat First of all I have been telling everyone for years now that without the elimination of Iranian influence in Iraq there would be no RV...I also said the US was plotting a way to get them out of Iraq... They have plan and so be patient and watch it unfold...I know it may seem gloomy at times but hang in there...Don't give up now.
1-7-2020 Newshound Guru Kaperoni ...There is no reinstatement. No RV or RI. Not how monetary policy works. Under the current conditions, things are beginning to deteriorate as a result of the backlash from US military efforts to eliminate Iranian general Soleimani. Parliament wants US troops out, the US has threatened economic consequences and as a result the exchange rate is deteriorating. No currency reform is in the near future. Iraq also fears the loss of economic activities and investment. Sit back and relax we are going to have to be patient and wait this out.
1-6-2020 Newshound Guru Adam Montana Article quotes: "Chairman of the Finance Committee, Haitham al-Jabouri, confirmed on Monday that the strategic framework agreement with the United States of America is still in effect, while he indicated that the House’s decision yesterday regarding ending the foreign presence has nothing to do with it."; "We are in contact with all relevant authorities on this issue and are keen to maintain economic relations with all countries, including the United States, and in a manner that serves the interests of our country in terms of security and economic, especially since there are large investment contracts between the two countries in important and strategic sectors." ...pretty much says it all.
1-6-2020 Intel Guru Frank26 ...Iraq is going through a change. A paradigm change. An epic historical change and because of that there is a price to pay...Iran is doing their very best to stop the forward progress of the reinstatement of the monetary reform...
1-6-2020 Guest Guru TexasSnake [via PDK] [So what do you think of all the unrest in the Middle east] I think it is kind of a smoke screen… When you look back to when Kuwait did their RV...there were similar circumstances...saying it was going to be put off and then suddenly in the next day or so it was there...It came as a surprise to most people even the ones who were anticipating it…we have a lot more intel on this one then they had on the Kuwait one.
1-6-2020 Intel Guru MarkZ [via PDK] We were told a couple key meetings went on this weekend on how to handle the roll out. With all the upset in Iraq and Iran keep in mind that almost all the revaluation in the past have happened during a lot of smoke and unrest…Looking back on the history of revaluations it does seem to me that this would be the perfect smoke screen. I think it couldn’t be better timing. What I still hear from the banking side is very positive. From the Iraq side they were still expecting it on Monday or Tuesday. They just finished their inventory of cash in circulation so will see what they have to say this week.
1-6-2020 Newshound Guru Jeff ...it's all coming together. The CBI's last requirement to delete the zeros they said that the corruption political figures had to be removed and they were. After they got rid of those corrupt official Iraq started setting the stage for the rate change...That's not just a one month step. They need time. That's why they used the whole year of '19 to set the stage. And now you can see they're already told you, this isn't my opinion... reconstruction, article 140, HCL...those items are in the budget. So what they're indirectly telling you is they have to position money for those steps...so don't worry about all that other stuff...there are no delays in this...no delays at all...
1-6-2020 Newshound/Intel Guru Francis Albert And thirdly, regardless of what your seat is, the bleachers or box seats, anyone who is paying attention to the moves of the CBI and GOI in the past, say year...has to...has to come to the conclusion that they are going to go International which has to be at a rate higher than program. Sure one can argue and say, it will be just .10 and go up from there and could take years to get to something fun for us...or not. Remember Iraqi's only true export and that is and will be sold for Dollars till the end of time. So, unlike other Countries who want to keep their currency low, (see Vietnam) because of massive exports, (and of course China). Iraq is in a unique situation. [post 2 of 2]
1-6-2020 Newshound/Intel Guru Francis Albert Good point KAP [reference Guru Kaperoni post 1-5-2020], so all I can retort to this is, well two things: Firstly: How much content and details of news articles can we believe regardless of Country? Secondly: This would be the first time a Central Bank has lied? and if it served their purposes thinking it would help get the people to do something, they would say it to their news sources...we'll see... [post 1 of 2....stay tuned]
1-6-2020 Guru BobTheTaxMan ...because my crystal ball still isn't here I don't know when this thing is going to come to fruition but I've never seen things escalate this fast towards a real possibility of a window coming here shortly...
1-6-2020 Intel Guru Frank26 ...Iraq is going through a change. A paradigm change. An epic historical change and because of that there is a price to pay...Iran is doing their very best to stop the forward progress of the reinstatement of the monetary reform...
1-6-2020 Guest Guru TexasSnake [via PDK] [So what do you think of all the unrest in the Middle east] I think it is kind of a smoke screen… When you look back to when Kuwait did their RV...there were similar circumstances...saying it was going to be put off and then suddenly in the next day or so it was there...It came as a surprise to most people even the ones who were anticipating it…we have a lot more intel on this one then they had on the Kuwait one.
1-6-2020 Intel Guru MarkZ [via PDK] We were told a couple key meetings went on this weekend on how to handle the roll out. With all the upset in Iraq and Iran keep in mind that almost all the revaluation in the past have happened during a lot of smoke and unrest…Looking back on the history of revaluations it does seem to me that this would be the perfect smoke screen. I think it couldn’t be better timing. What I still hear from the banking side is very positive. From the Iraq side they were still expecting it on Monday or Tuesday. They just finished their inventory of cash in circulation so will see what they have to say this week.
1-6-2020 Newshound Guru Jeff ...it's all coming together. The CBI's last requirement to delete the zeros they said that the corruption political figures had to be removed and they were. After they got rid of those corrupt official Iraq started setting the stage for the rate change...That's not just a one month step. They need time. That's why they used the whole year of '19 to set the stage. And now you can see they're already told you, this isn't my opinion... reconstruction, article 140, HCL...those items are in the budget. So what they're indirectly telling you is they have to position money for those steps...so don't worry about all that other stuff...there are no delays in this...no delays at all...
1-6-2020 Newshound/Intel Guru Francis Albert And thirdly, regardless of what your seat is, the bleachers or box seats, anyone who is paying attention to the moves of the CBI and GOI in the past, say year...has to...has to come to the conclusion that they are going to go International which has to be at a rate higher than program. Sure one can argue and say, it will be just .10 and go up from there and could take years to get to something fun for us...or not. Remember Iraqi's only true export and that is and will be sold for Dollars till the end of time. So, unlike other Countries who want to keep their currency low, (see Vietnam) because of massive exports, (and of course China). Iraq is in a unique situation. [post 2 of 2]
1-6-2020 Newshound/Intel Guru Francis Albert Good point KAP [reference Guru Kaperoni post 1-5-2020], so all I can retort to this is, well two things: Firstly: How much content and details of news articles can we believe regardless of Country? Secondly: This would be the first time a Central Bank has lied? and if it served their purposes thinking it would help get the people to do something, they would say it to their news sources...we'll see... [post 1 of 2....stay tuned]
1-6-2020 Guru BobTheTaxMan ...because my crystal ball still isn't here I don't know when this thing is going to come to fruition but I've never seen things escalate this fast towards a real possibility of a window coming here shortly...
1-5-2020 Newshound/Intel Guru Francis Albert "Breitlng" posted an opinion that has gained some coverage in the Dinar World that I want to comment on. "He" states that taxes will be taken out right there at the time of exchange. That simply is not possible. Everyone's tax situation is different, and banks are not tax collectors. Each person will, IMO, be responsible to pay the appropriate tax on the date prescribed by IRS just like any other investment. [reference Guru Breitling post 1-4-2020] [consult you tax professional at the proper time]
1-5-2020 Newshound Guru Jeff ...some great news came out that's good
for us. Not necessarily bad for the citizens and/or demonstrators because they're sill gonna get what they want...here's an article from today "Abdul Mahdi will remain in the Prime Minister for the next three months" ...Abdul Mahdi still is the acting PM temporarily... January, February, March. Notice how they kept him in through Q1...that's great news for us...it suggests that they're keeping Abdul Mahdi in long enough through the rate change...Remember since September I've stressed to you we need until March. Now you're seeing that based on everything happening factually...
1-5-2019 Intel Guru Frank26 ...of course we are in a bit of a delay. But it's not a stoppage. You know what the delay is? Giving the rate out... what's more important than anything else is the rate is coming out. It is coming out...yes it's a pain in the ass. Yes it's a form of delay. But it's not stopping. I call it a lava flow...the CBI isn't saying anything negative.
1-5-2020 Newshound Guru Kaperoni And on another point, if they did, it would also throw the currency auctions into chaos since one of the purposes is to maintain stability...which is achieved by maintaining a balance between dinar and dollar. If people learn anything about investing in the dinar they should learn that currency reform is not random. Monetary policy is based on sound principles, any increase in value will be based on those principles not some random act. [reference Guru Francis Albert post 1-4-2020] [post 2 of 2]
1-5-2020 Newshound Guru Kaperoni ...[Guru] Francis Albert apparently want(s) to discuss money supply. He doesn't apparently read the many news articles over the years stating the dinar is not in banks, or the CBI. It is outside the banking system "chunky" meaning it's in citizen homes, mattresses, etc. This is a major problem for the CBI as they try to get citizens involved with the banking system. One of the reasons for deposit insurance. Again, the CBI cannot substantially reduce the money supply when they do not have it. [reference Guru Francis Albert post 1-4-2020] [post 1 of 2....stay tuned]
1-5-2020 Newshound Guru MilitiaMan I cannot for the life of me understand with all we know and can see directly from the CBI and the Actions of the USA anyone can be down and out now... Mind boggling good information that supports this is coming to an end!! imo.
1-5-2020 Newshound Guru Jeff ...some great news came out that's good
for us. Not necessarily bad for the citizens and/or demonstrators because they're sill gonna get what they want...here's an article from today "Abdul Mahdi will remain in the Prime Minister for the next three months" ...Abdul Mahdi still is the acting PM temporarily... January, February, March. Notice how they kept him in through Q1...that's great news for us...it suggests that they're keeping Abdul Mahdi in long enough through the rate change...Remember since September I've stressed to you we need until March. Now you're seeing that based on everything happening factually...
1-5-2019 Intel Guru Frank26 ...of course we are in a bit of a delay. But it's not a stoppage. You know what the delay is? Giving the rate out... what's more important than anything else is the rate is coming out. It is coming out...yes it's a pain in the ass. Yes it's a form of delay. But it's not stopping. I call it a lava flow...the CBI isn't saying anything negative.
1-5-2020 Newshound Guru Kaperoni And on another point, if they did, it would also throw the currency auctions into chaos since one of the purposes is to maintain stability...which is achieved by maintaining a balance between dinar and dollar. If people learn anything about investing in the dinar they should learn that currency reform is not random. Monetary policy is based on sound principles, any increase in value will be based on those principles not some random act. [reference Guru Francis Albert post 1-4-2020] [post 2 of 2]
1-5-2020 Newshound Guru Kaperoni ...[Guru] Francis Albert apparently want(s) to discuss money supply. He doesn't apparently read the many news articles over the years stating the dinar is not in banks, or the CBI. It is outside the banking system "chunky" meaning it's in citizen homes, mattresses, etc. This is a major problem for the CBI as they try to get citizens involved with the banking system. One of the reasons for deposit insurance. Again, the CBI cannot substantially reduce the money supply when they do not have it. [reference Guru Francis Albert post 1-4-2020] [post 1 of 2....stay tuned]
1-5-2020 Newshound Guru MilitiaMan I cannot for the life of me understand with all we know and can see directly from the CBI and the Actions of the USA anyone can be down and out now... Mind boggling good information that supports this is coming to an end!! imo.
1-4-2020 Newshound/Intel Guru Francis Albert ...If the CBI has all the actual notes (physical or digital for that matter) they can just destroy them if they want...as all Central Banks do regularly in one way or another. Like Cheeto's Central Banks, can always cruch, (create) more "money". KAP's [Guru Kaperoni] basic argument is based on his opinion that there's 45 Trillion Dinar out there that would come home to roost with an increase in value and thus, he argues, a substantial increase can't happen. IMO, he's just not looking at the whole picture. [Also reference Guru Kaperoni 1-4-2020] [post 2 of 2]
1-4-2020 Newshound/Intel Guru Francis Albert I agree with KAP [Guru Kaperoni] who posted ...that there's no way the CBI can magically reduce the money supply from 45 Trillion to 5 Trillion. I am not paying close enough attention to know what the number Frank [Guru Frank26] is saying the 5T posted on CBI means. There is one possibility...in counter point to KAP's money supply argument I've seen. It is Possible, that Central Banks around the World hold/held most of the 45 Trillion Dinar...not only possible...but, probable. And, being Central Banks, as banks of issue, and ALL controlled by Dollar Inc. (except for Iran, S Korea, China, Russia), and IF...the Dollar Boys, (who started the whole thing in Iraq), want iraq to prosper...they can easily just destroy the Dinar they hold...all to achieve their goals. There's always a way. [reference Guru Kaperoni 1-4-2020] [post 1 of 2....stay tuned]
1-4-2020 Intel Guru BobTheTaxMan ...If you plan ahead you're going to be able to accomplish the things you want to accomplish. You're going to be able to retain that dinar. Now, I've spent lots of time visiting with some of the brightest minds in the tax world...The three things anytime you have a windfall gain you look for 3 things that can happen. 1. Can I reduce my taxation? 2. Can I defer my taxation? 3. Can I eliminate those taxations? All three of those options are available to us who own dinar. But you have to plan on it. And you have to put certain things in place before the RV occurs...there is no 'tax free' option - period. There isn't any...despite all the rumors out there about making this thing a capital gains it will not be capital gains... [NOTE: Speak with your financial advisor and tax expert at the appropriate time.] [Post 2 of 2]
1-4-2020 Intel Guru BobTheTaxMan ...I've watched people who have managed to come into great amount of money and lose it so quickly...you're gonna walk into the bank you're gonna exchange your dinar and they're gonna give you X amount of dollars for X amount of dinar. You're gonna walk out and you're gonna be happy. Feeling on cloud 9. You're gonna spend that money. Then you're gonna say, 'wow, I need some more!' So you go cash in some more and you'll keep doing that without taking into consideration that you're building an obligatory spot with the IRS. Every time you do that you got yourself dug into a hole. And it's so easy when you have access to these kind of funds to be able to step up in the tax brackets and keep going and keep going and not realize how deep of a hole you just dug. [NOTE: Speak with your financial advisor and tax expert at the appropriate time.] [Post 1 of 2....stay tuned]
1-4-2020 Newshound Guru Breitling ...I have zero doubts on the currency revaluing...This is the most important information you're gonna get...when you exchange your currency you're gonna get taxed. That's a taxable event. You are gonna have a big chunk taken out right there. Next, you're gonna go buy a house, that's a taxable event. You're gonna go out and buy a nice car. That's a taxable event...that's what I've been worried about. It's going to go away from you so quick unless you know what you're doing and have a plan and you have a plan to avoid that. You did what you needed to do. You bought the dinar. The second thing you need to do is keep it. There is nothing else you need to do. This is coming down the road. There's no other way I can say it. It's right in front of you. You're looking at it. Are you prepared? [NOTE: Speak with your financial advisor and tax expert at the appropriate time.]
1-4-2019 Newshound/Intel Guru Mnt Goat ...The CBI will not be allowed to reinstate as long as Iran is still causing issues in Iraq. ...Yes, the CBI wants it and needs it but will it happen based on this news that CORRUPTION MUST FIRST END...I have been telling everyone for years now that without the elimination of Iranian influence in Iraq there would be no RV...I also said the US was plotting a way to get them out of Iraq. So now we witness the plan in action...So all you dinar investors just remember what I said before and how this is all playing out. I know it may seem gloomy at times but hang in there...
1-4-2020 Newshound Guru Kaperoni ...the CBI currency...graph/chart is wrong. No way or how the money supply in Iraq could be reduced at this time let alone from 45 trillion to around 5 trillion...
1-4-2020 Newshound Guru MilitiaMan ...we found that the currency supply decreased by 975% real close and the CBI clearly shows charts to prove they did in fact did do it. By decreasing the money supply (note count) the common denominator is a value increase based of supply and demand. They will have a liquidity issue going forward if they don't raise the rate soon...The reduction in currency wasn't found until around the 23rd - 26th era December 2019, but it was in fact reported to have occurred on 12/08/2019 by the CBI and whereby, the movement of that money value from the reduction in currency showed up around on the commercial side of banking on 12/29/2019 real close. imo. So, we can see that timing is of extreme importance now. With normal accounting behaviors, this time is very sensitive. I have a very good feeling about the window we are in.
1-4-2020 Newshound/Intel Guru Francis Albert I agree with KAP [Guru Kaperoni] who posted ...that there's no way the CBI can magically reduce the money supply from 45 Trillion to 5 Trillion. I am not paying close enough attention to know what the number Frank [Guru Frank26] is saying the 5T posted on CBI means. There is one possibility...in counter point to KAP's money supply argument I've seen. It is Possible, that Central Banks around the World hold/held most of the 45 Trillion Dinar...not only possible...but, probable. And, being Central Banks, as banks of issue, and ALL controlled by Dollar Inc. (except for Iran, S Korea, China, Russia), and IF...the Dollar Boys, (who started the whole thing in Iraq), want iraq to prosper...they can easily just destroy the Dinar they hold...all to achieve their goals. There's always a way. [reference Guru Kaperoni 1-4-2020] [post 1 of 2....stay tuned]
1-4-2020 Intel Guru BobTheTaxMan ...If you plan ahead you're going to be able to accomplish the things you want to accomplish. You're going to be able to retain that dinar. Now, I've spent lots of time visiting with some of the brightest minds in the tax world...The three things anytime you have a windfall gain you look for 3 things that can happen. 1. Can I reduce my taxation? 2. Can I defer my taxation? 3. Can I eliminate those taxations? All three of those options are available to us who own dinar. But you have to plan on it. And you have to put certain things in place before the RV occurs...there is no 'tax free' option - period. There isn't any...despite all the rumors out there about making this thing a capital gains it will not be capital gains... [NOTE: Speak with your financial advisor and tax expert at the appropriate time.] [Post 2 of 2]
1-4-2020 Intel Guru BobTheTaxMan ...I've watched people who have managed to come into great amount of money and lose it so quickly...you're gonna walk into the bank you're gonna exchange your dinar and they're gonna give you X amount of dollars for X amount of dinar. You're gonna walk out and you're gonna be happy. Feeling on cloud 9. You're gonna spend that money. Then you're gonna say, 'wow, I need some more!' So you go cash in some more and you'll keep doing that without taking into consideration that you're building an obligatory spot with the IRS. Every time you do that you got yourself dug into a hole. And it's so easy when you have access to these kind of funds to be able to step up in the tax brackets and keep going and keep going and not realize how deep of a hole you just dug. [NOTE: Speak with your financial advisor and tax expert at the appropriate time.] [Post 1 of 2....stay tuned]
1-4-2020 Newshound Guru Breitling ...I have zero doubts on the currency revaluing...This is the most important information you're gonna get...when you exchange your currency you're gonna get taxed. That's a taxable event. You are gonna have a big chunk taken out right there. Next, you're gonna go buy a house, that's a taxable event. You're gonna go out and buy a nice car. That's a taxable event...that's what I've been worried about. It's going to go away from you so quick unless you know what you're doing and have a plan and you have a plan to avoid that. You did what you needed to do. You bought the dinar. The second thing you need to do is keep it. There is nothing else you need to do. This is coming down the road. There's no other way I can say it. It's right in front of you. You're looking at it. Are you prepared? [NOTE: Speak with your financial advisor and tax expert at the appropriate time.]
1-4-2019 Newshound/Intel Guru Mnt Goat ...The CBI will not be allowed to reinstate as long as Iran is still causing issues in Iraq. ...Yes, the CBI wants it and needs it but will it happen based on this news that CORRUPTION MUST FIRST END...I have been telling everyone for years now that without the elimination of Iranian influence in Iraq there would be no RV...I also said the US was plotting a way to get them out of Iraq. So now we witness the plan in action...So all you dinar investors just remember what I said before and how this is all playing out. I know it may seem gloomy at times but hang in there...
1-4-2020 Newshound Guru Kaperoni ...the CBI currency...graph/chart is wrong. No way or how the money supply in Iraq could be reduced at this time let alone from 45 trillion to around 5 trillion...
1-4-2020 Newshound Guru MilitiaMan ...we found that the currency supply decreased by 975% real close and the CBI clearly shows charts to prove they did in fact did do it. By decreasing the money supply (note count) the common denominator is a value increase based of supply and demand. They will have a liquidity issue going forward if they don't raise the rate soon...The reduction in currency wasn't found until around the 23rd - 26th era December 2019, but it was in fact reported to have occurred on 12/08/2019 by the CBI and whereby, the movement of that money value from the reduction in currency showed up around on the commercial side of banking on 12/29/2019 real close. imo. So, we can see that timing is of extreme importance now. With normal accounting behaviors, this time is very sensitive. I have a very good feeling about the window we are in.
1-3-2020 Intel Guru Bruce [via WiserNows] January 1st, all rates were off all screens globally for 24 hours...And then the rates repopulated on the screens – Now, there will be new rates repopulating on the screen by 9:30 PM Sunday night...So we will have all brand new rates on the screens including not only the Dinar...they’ve got a lot of the other currencies – the one they’re working on and finalizing and it should be finalized over the weekend is the Viet Dong...
1-3-2020 Newshound Guru chattels I do think that Iraq needs greater buying power because they are an import nation. Greater value for the dinar improves their buying power, but I have never thought that Iraq could successfully unilaterally declare a value to their currency. For their currency to be worth more in the marketplace with imports then other nations must accept that value for the dinar. I could certainly be wrong.
1-3-2020 Intel Guru MarkZ [So do you think the death of Sulemani will have any effect on our investment?] I do expect a couple of rocky days which is why I am looking toward the 6th-ish…rather than right away even though my banking sources still swear its now. I think they need to see if there is any fallout from this. Keep in mind that Soleimani is key to the infiltration of Iran’s reach into Iraq. He also whipped up the attack on the US Embassy. I think him being gone is a good thing.
1-3-2020 Newshound Guru Jeff Article "The current year will witness the passage of controversial laws" ...all the controversial laws are dependent on the rate change. Oil and gas. Federal court. Article 140...they're waiting on the rate change. They cannot amend these laws and add them to the constitution until after the rate change. It's that simple..."this year will witness a passage of controversial laws."
1-3-2020 Intel Guru Bruce [via WiserNow] ...Fortunately for you and for me we have some – really good ones [sources] and I can tell you I’ve got a timeline that takes us all the way through Tuesday...I mentioned this...if we did not get started by the weekend we’re probably looking at a Monday/Tuesday start...Now, could we get a surprise on Saturday? It’s possible...I believe this time we have...absolute plans to complete this pretty much in the timeframe I’ve outlined...I’m excited about it – I think we are good to go...
1-3-2020 Intel Guru MarkZ [via PDK] We are still in about the same place we were yesterday. Our banking side here in the Us seem to think we will see it at any moment. The Iraqi side is still looking at the 5th or 6th. Military sources agree with after the 5th. Through the 15th.
1-3-2020 Newshound Guru Kaperoni [Guru] Enorrste and I agree, the next 30-60 days in Iraq could decide the fate of the dinar investment.
1-3-2020 Guru BobTheTaxMan ...We are here. We are really really knocking on the door of this thing coming to fruition...I know the CBI is a little difficult to understand...there happen to be a graph that's showed up...that thing is a SHOCKER! ...the graphic changes that is going on inside the CBI really denotes the major shift that is happening and is on it's way...that graph is really dramatic...I haven't seen anything so far that shows such a drastic change. This is official. This is coming out of the CBI itself...
1-3-2020 Newshound/Intel Guru tman23 Word is Solemani was in Iraq to operate a coup, the plan was to take over the Iraq government and arrest Iraqi president Sahlim Barham...Hadr Ameri, leader of the Badr corps is said to have been arrested by US authorities...so now we hear on major outlets for an emergency session for Parliament ...should hear about Ameri being arrested in next day or so...going to be an interesting weekend...
1-3-2020 Newshound Guru chattels [as far as that 50 trillion to 5 trillion,I would certainly love some clarification on it's true meaning. I have seen differences in opinions.] Let's just wait for the next report. If it was an error then it likely will be corrected. If it stays the same then maybe there is something to it all.
1-3-2020 Newshound Guru Kaperoni There is a rumor...that the CBI reduced the money supply from 45 trillion or so to around 5 trillion. [Reference Guru Breitling 1-2-2020] This is not possible on many fronts. Though the CBI reports website shows such a chart - it is not possible. 1. the CBI continues the currency auctions. And the auctions are based on a "balance" of dinar to dollars. Offsetting that would create substantial demand for the currency. 2. the CBI has come out on numerous occasions that 70% or so of the currency in circulation is "chunky" meaning it is outside the banking system. In homes, under mattresses etc. If the money is outside the banking system as stated the CBI would not have access to it to reduce it. So one can conclude that the chart is wrong.
1-3-2020 Newshound Guru chattels I do think that Iraq needs greater buying power because they are an import nation. Greater value for the dinar improves their buying power, but I have never thought that Iraq could successfully unilaterally declare a value to their currency. For their currency to be worth more in the marketplace with imports then other nations must accept that value for the dinar. I could certainly be wrong.
1-3-2020 Intel Guru MarkZ [So do you think the death of Sulemani will have any effect on our investment?] I do expect a couple of rocky days which is why I am looking toward the 6th-ish…rather than right away even though my banking sources still swear its now. I think they need to see if there is any fallout from this. Keep in mind that Soleimani is key to the infiltration of Iran’s reach into Iraq. He also whipped up the attack on the US Embassy. I think him being gone is a good thing.
1-3-2020 Newshound Guru Jeff Article "The current year will witness the passage of controversial laws" ...all the controversial laws are dependent on the rate change. Oil and gas. Federal court. Article 140...they're waiting on the rate change. They cannot amend these laws and add them to the constitution until after the rate change. It's that simple..."this year will witness a passage of controversial laws."
1-3-2020 Intel Guru Bruce [via WiserNow] ...Fortunately for you and for me we have some – really good ones [sources] and I can tell you I’ve got a timeline that takes us all the way through Tuesday...I mentioned this...if we did not get started by the weekend we’re probably looking at a Monday/Tuesday start...Now, could we get a surprise on Saturday? It’s possible...I believe this time we have...absolute plans to complete this pretty much in the timeframe I’ve outlined...I’m excited about it – I think we are good to go...
1-3-2020 Intel Guru MarkZ [via PDK] We are still in about the same place we were yesterday. Our banking side here in the Us seem to think we will see it at any moment. The Iraqi side is still looking at the 5th or 6th. Military sources agree with after the 5th. Through the 15th.
1-3-2020 Newshound Guru Kaperoni [Guru] Enorrste and I agree, the next 30-60 days in Iraq could decide the fate of the dinar investment.
1-3-2020 Guru BobTheTaxMan ...We are here. We are really really knocking on the door of this thing coming to fruition...I know the CBI is a little difficult to understand...there happen to be a graph that's showed up...that thing is a SHOCKER! ...the graphic changes that is going on inside the CBI really denotes the major shift that is happening and is on it's way...that graph is really dramatic...I haven't seen anything so far that shows such a drastic change. This is official. This is coming out of the CBI itself...
1-3-2020 Newshound/Intel Guru tman23 Word is Solemani was in Iraq to operate a coup, the plan was to take over the Iraq government and arrest Iraqi president Sahlim Barham...Hadr Ameri, leader of the Badr corps is said to have been arrested by US authorities...so now we hear on major outlets for an emergency session for Parliament ...should hear about Ameri being arrested in next day or so...going to be an interesting weekend...
1-3-2020 Newshound Guru chattels [as far as that 50 trillion to 5 trillion,I would certainly love some clarification on it's true meaning. I have seen differences in opinions.] Let's just wait for the next report. If it was an error then it likely will be corrected. If it stays the same then maybe there is something to it all.
1-3-2020 Newshound Guru Kaperoni There is a rumor...that the CBI reduced the money supply from 45 trillion or so to around 5 trillion. [Reference Guru Breitling 1-2-2020] This is not possible on many fronts. Though the CBI reports website shows such a chart - it is not possible. 1. the CBI continues the currency auctions. And the auctions are based on a "balance" of dinar to dollars. Offsetting that would create substantial demand for the currency. 2. the CBI has come out on numerous occasions that 70% or so of the currency in circulation is "chunky" meaning it is outside the banking system. In homes, under mattresses etc. If the money is outside the banking system as stated the CBI would not have access to it to reduce it. So one can conclude that the chart is wrong.
1-2-2020 Newshound Guru Breitling ...Every country on the planet that drops their note count what happens to the value of their currency? It goes up...it's universal...they're [Iraq is] dropping their note count...when they drop their note count guess what? The value of their currency goes up. They're putting things in place. The budget depends on investments because they're losing in the commodities market as far as the energy markets go. So they're investing in the international markets. And they're not gonna do that at a ten of a penny...that's what these guys are trying to tell you. So all these indicators are in place. It should make you very very happy...I couldn't be more excited... [Post 2 of 2]
1-2-2020 Newshound Guru Breitling ...I've been getting emails of people asking me about the graph from the CBI...it shows the drop in currency...if you go back...what was the value? About $3.25...they had between 1 and a half to 2 billion notes in the market...that was the number that we needed to watch. The chart that you guys are looking at is very important...there it is from the CBI...Look how much the currency has dropped. Here's what we don't know. We don't know how many denominations are out in public. In other words how many 25K notes. How many 10K notes. How many 5K notes. So even though they say they've dropped the note count it doesn't give us enough information to determine how many dinar are out there. But we can see they dropped the note count. It's right there in front of you. [Post 1 of 2 Stay tuned for the rest of the story]
1-2-2020 Newshound Guru Jeff ...one of the more popular gurus...saying it's gonna change at the beginning of the year and the budget will be implemented at the beginning of the year. I told you guys to be cautious with this type of information because this is over-hyped BS...
1-2-2020 Newshound/Intel Guru Mnt Goat ...For the CBI to launch the project to delete the zeros any time soon would take a miracle. However, I am not hearing the CBI is going to postpone again due to the current situation. But this puzzles me as to why they would do this in the midst of such chaos...We see much instability issues now in Iraq. This situation is close to a major escalation but not yet. Some foreign investors are pulling out of Iraq but this can still be salvaged. The government must find solutions very soon or years, if not decades, of work will be lost...I still keep my hopes up that the CBI may still move forward in the midst of the turmoil...There is still a window of opportunity remaining. Let's just see how it all plays out..
1-2-2020 Newshound Guru Breitling ...a lot of stuff we've been looking at...everything is coming down the road. Everything is lining up. If people are not excited about this they're never gonna get excited...you have Iraq telling you that they have a new budget based on lower oil prices and its determined by investments. And so what are they gonna do? They're gonna reduce their note count. They're gonna start doing what we've been talking about...they said that they needed to add value to their currency. Now they are dependent only on that because they have to add value to their currency to get into the international markets...we couldn't be in a better position. That's why I've been so positive...there's nothing else they need to do. They took the cover off of everything. All this stuff is in the news. They're telling everybody what they're gonna do.
1-2-2020 Newshound Guru Jeff ...IMO they are in the process of positioning the money for the rate change - the last final step...there actually haven't been any delays...
1-2-2020 Intel Guru MarkZ [via PDK] My Iraqi Sources are now squarely looking at Jan. 5th. From Gov. and military sources…they are looking from the 5th to the 15th. ...the banking side is saying “now” because that is what they hear from those above them in the chain of command….The military is looking for indicators like what is happening, where troops are moving to protect things ect…the government side looks at treaties, signatures, voting on this and that… so the different groups look at different things to estimate timing...
1-2-2020 Intel Guru Frank26 HAPPY NEW YEAR FAMILY...BECAUSE IMO...IT IS...YOUR TURN...
1-2-2020 Newshound Guru Breitling ...I've been getting emails of people asking me about the graph from the CBI...it shows the drop in currency...if you go back...what was the value? About $3.25...they had between 1 and a half to 2 billion notes in the market...that was the number that we needed to watch. The chart that you guys are looking at is very important...there it is from the CBI...Look how much the currency has dropped. Here's what we don't know. We don't know how many denominations are out in public. In other words how many 25K notes. How many 10K notes. How many 5K notes. So even though they say they've dropped the note count it doesn't give us enough information to determine how many dinar are out there. But we can see they dropped the note count. It's right there in front of you. [Post 1 of 2 Stay tuned for the rest of the story]
1-2-2020 Newshound Guru Jeff ...one of the more popular gurus...saying it's gonna change at the beginning of the year and the budget will be implemented at the beginning of the year. I told you guys to be cautious with this type of information because this is over-hyped BS...
1-2-2020 Newshound/Intel Guru Mnt Goat ...For the CBI to launch the project to delete the zeros any time soon would take a miracle. However, I am not hearing the CBI is going to postpone again due to the current situation. But this puzzles me as to why they would do this in the midst of such chaos...We see much instability issues now in Iraq. This situation is close to a major escalation but not yet. Some foreign investors are pulling out of Iraq but this can still be salvaged. The government must find solutions very soon or years, if not decades, of work will be lost...I still keep my hopes up that the CBI may still move forward in the midst of the turmoil...There is still a window of opportunity remaining. Let's just see how it all plays out..
1-2-2020 Newshound Guru Breitling ...a lot of stuff we've been looking at...everything is coming down the road. Everything is lining up. If people are not excited about this they're never gonna get excited...you have Iraq telling you that they have a new budget based on lower oil prices and its determined by investments. And so what are they gonna do? They're gonna reduce their note count. They're gonna start doing what we've been talking about...they said that they needed to add value to their currency. Now they are dependent only on that because they have to add value to their currency to get into the international markets...we couldn't be in a better position. That's why I've been so positive...there's nothing else they need to do. They took the cover off of everything. All this stuff is in the news. They're telling everybody what they're gonna do.
1-2-2020 Newshound Guru Jeff ...IMO they are in the process of positioning the money for the rate change - the last final step...there actually haven't been any delays...
1-2-2020 Intel Guru MarkZ [via PDK] My Iraqi Sources are now squarely looking at Jan. 5th. From Gov. and military sources…they are looking from the 5th to the 15th. ...the banking side is saying “now” because that is what they hear from those above them in the chain of command….The military is looking for indicators like what is happening, where troops are moving to protect things ect…the government side looks at treaties, signatures, voting on this and that… so the different groups look at different things to estimate timing...
1-2-2020 Intel Guru Frank26 HAPPY NEW YEAR FAMILY...BECAUSE IMO...IT IS...YOUR TURN...
1-1-2020 Intel Guru Bruce ...let me tell you the redemption centers and tier 1 banks will be notified very soon with the procedures – the actual information about the procedures on the release of notification of the 800 numbers - that is coming I’d say in less than 24 hours -- ...the full timeline is in plan right now – we have a pretty good picture of what it looks like and suffice it to say that things are moving forward – there’s a lot happening behind the scenes...
1-1-2020 Newshound Guru Adam Montana [Well, it looks like that Iran /Iraq relationship has just about ended our dream of any kind of RV/RI...] Ok, chicken little, the sky is not falling...We know things are going to get crazy before the RV. This might be the start of it, but this is definitely not "game over"!
1-1-2020 Intel Guru MarkZ Really great chatter coming out of the banking centers...here in the US it appears they are in place with great expectations of a release sometime today...I have heard they want it out the door today, but since we have heard that many times before...not sure what to think but since my contacts are at work today in redemption centers I am cautiously optimistic. If you listen to the banking centers we are within hours or days...I look at the indicators…what Iraq banks are doing between now and Jan 5th (no loans, no cash deposits or withdrawals) so personally I think we are in the best window right now to see it. I am trying to moderate my excitement.
1-1-2020 Intel Guru Bruce I found out...the 31st of December that the intent was to get this whole RV/ GCR done mid October but we weren’t ready for it...Then...to try to get there by 13th 14th or 15th of December – and we could not make that happen ...Then the process was like ...we are looking at after the first of the year and I don’t mean long after either ...Joe Public...is set to start approximately the 15th of January...That means we need to be in and through by then... In fact, the entire process for us and the public they want to have completed by the very end of January...totally DONE... COMPLETE... So that gives you some idea of the timeline we’re on... If everything goes according to plan and as it is now we should be there by the end of this week... I think we’re looking very, very good before the weekend okay?
1-1-2020 Newshound Guru Jeff ...Iraq already came out telling you they're doing a temporary interim budget at the beginning of the year which means the 2020 budget will not cover starting from January. They're telling you that they're going to utilize a new fiscal year. Because of that temporary budget...the factual data shows that they're transitioning back to their previous fiscal year going from April through March... [Post 2 of 2]
1-1-2020 Newshound Guru Jeff ...You have to look at Kuwait's as a prime example to gauge Iraq. Kuwait specifically did theirs on a Sunday morning of March 24th of '91. The reason it was done at that time is because that was done shortly before the beginning of their fiscal year which would be April 1st...Iraq is gonna have to change the rate at the beginning period of a new accounting period...because this is such a major rate change...if it was $3 that would be a 3000% increase. If it was closer to $4 it would be a 4000% increase. That's massive...I've been saying this to my long timers throughout the entire year of 2019... [Post 1 of 2 stay tuned!]
1-1-2020 Intel Guru MarkZ [Any news on the flat tax?] No...We have seen a number of resolution bills that are still in committee pointing to they are prepared for the flat tax…the paperwork is in place...they need to pull a quick vote for approval
1-1-2020 Newshound Guru Adam Montana [Well, it looks like that Iran /Iraq relationship has just about ended our dream of any kind of RV/RI...] Ok, chicken little, the sky is not falling...We know things are going to get crazy before the RV. This might be the start of it, but this is definitely not "game over"!
1-1-2020 Intel Guru MarkZ Really great chatter coming out of the banking centers...here in the US it appears they are in place with great expectations of a release sometime today...I have heard they want it out the door today, but since we have heard that many times before...not sure what to think but since my contacts are at work today in redemption centers I am cautiously optimistic. If you listen to the banking centers we are within hours or days...I look at the indicators…what Iraq banks are doing between now and Jan 5th (no loans, no cash deposits or withdrawals) so personally I think we are in the best window right now to see it. I am trying to moderate my excitement.
1-1-2020 Intel Guru Bruce I found out...the 31st of December that the intent was to get this whole RV/ GCR done mid October but we weren’t ready for it...Then...to try to get there by 13th 14th or 15th of December – and we could not make that happen ...Then the process was like ...we are looking at after the first of the year and I don’t mean long after either ...Joe Public...is set to start approximately the 15th of January...That means we need to be in and through by then... In fact, the entire process for us and the public they want to have completed by the very end of January...totally DONE... COMPLETE... So that gives you some idea of the timeline we’re on... If everything goes according to plan and as it is now we should be there by the end of this week... I think we’re looking very, very good before the weekend okay?
1-1-2020 Newshound Guru Jeff ...Iraq already came out telling you they're doing a temporary interim budget at the beginning of the year which means the 2020 budget will not cover starting from January. They're telling you that they're going to utilize a new fiscal year. Because of that temporary budget...the factual data shows that they're transitioning back to their previous fiscal year going from April through March... [Post 2 of 2]
1-1-2020 Newshound Guru Jeff ...You have to look at Kuwait's as a prime example to gauge Iraq. Kuwait specifically did theirs on a Sunday morning of March 24th of '91. The reason it was done at that time is because that was done shortly before the beginning of their fiscal year which would be April 1st...Iraq is gonna have to change the rate at the beginning period of a new accounting period...because this is such a major rate change...if it was $3 that would be a 3000% increase. If it was closer to $4 it would be a 4000% increase. That's massive...I've been saying this to my long timers throughout the entire year of 2019... [Post 1 of 2 stay tuned!]
1-1-2020 Intel Guru MarkZ [Any news on the flat tax?] No...We have seen a number of resolution bills that are still in committee pointing to they are prepared for the flat tax…the paperwork is in place...they need to pull a quick vote for approval
12-31-2019 Newshound/Intel Guru Mnt Goat It takes time and we see much progress. The Iranian backed blocs have to get it into their thick heads that things are NOT going back to their form of normal (meaning corruption). Already the new election law changes how the process works. Oh – yes they would like things to settle back down their way so they can keep stealing from Iraq and feeding Iran. But this is why the demonstrations are happening in the first place and so this is NOT going to happen, not ever! ...We must go through this to get to it (our investment). [post 2 of 2]
12-31-2019 Newshound/Intel Guru Mnt Goat UPDATE: Reinstatement progress...Remember that the UN and Sadr both agreed to finally pay out the excess oil revenues through the HCL to the citizens and do it now. ...This was weeks ago? But we also know this will take a change in the rate and will trigger the smaller of the small category denominations to come out. The process has been set up that way to happen. So we wait...for things to settle down. But they will not even begin to settle down until a new prime minister is selected that meets the demands of the protestors. When will this happen? [post 1 of 2....stay tuned]
12-31-2019 Intel Guru Jeff I'm looking for two key things right now within the month of January [Budget and PM]. IMO I feel Iraq has about 90 days. They're not in any kind of rush. 90 days to really get the money positioned and change the rate. I'm looking from the beginning of January through the end of March...
12-31-2019 Intel Guru MarkZ The Iraqi run on the US Embassy guys…can you blame them? I do not think this is a negative for us…I think this is positive for us. The Iraqi people are being held hostage monetarily while America screws around getting things done or not done…Iraq is ready…has been ready…They have done what they needed to do to revalue their currency…they are beyond frustrated.
12-31-2019 Newshound/Intel Guru Mnt Goat So the news today is still all about the Iranian influence in Iraq and the chaos it is causing. Finally, the US forces took action against them. The protestors support this action. Some Iranian backed politicians, of course, did not like and so spoke up. But this will all change and sooner than later. It may take an escalation of the US forces to push them out... What will happen? Whatever does happen must be met with support from the GOI and parliament.
12-31-2019 Newshound Guru Jeff ...Iraq through the year of '19 has showed you a lot of articles showing if they were to change the rate right now because they are pegged to the dollar that the new rate they'd achieve would be "$1 plus". In order for them to achieve a "$3 plus" rate they have to have to do what Kuwait has done. They have to un-peg from the dollar and re-peg to a currency assortment basket...
12-31-2019 Intel Guru Delta REPORT IS OUT FOR NOV ...CBI DID PRINT CURRENCY ON NOV AT THE COST OF $35,006,954 WORTH...800,182,960,000 DINARS.
12-31-2019 Newshound/Intel Guru Mnt Goat UPDATE: Reinstatement progress...Remember that the UN and Sadr both agreed to finally pay out the excess oil revenues through the HCL to the citizens and do it now. ...This was weeks ago? But we also know this will take a change in the rate and will trigger the smaller of the small category denominations to come out. The process has been set up that way to happen. So we wait...for things to settle down. But they will not even begin to settle down until a new prime minister is selected that meets the demands of the protestors. When will this happen? [post 1 of 2....stay tuned]
12-31-2019 Intel Guru Jeff I'm looking for two key things right now within the month of January [Budget and PM]. IMO I feel Iraq has about 90 days. They're not in any kind of rush. 90 days to really get the money positioned and change the rate. I'm looking from the beginning of January through the end of March...
12-31-2019 Intel Guru MarkZ The Iraqi run on the US Embassy guys…can you blame them? I do not think this is a negative for us…I think this is positive for us. The Iraqi people are being held hostage monetarily while America screws around getting things done or not done…Iraq is ready…has been ready…They have done what they needed to do to revalue their currency…they are beyond frustrated.
12-31-2019 Newshound/Intel Guru Mnt Goat So the news today is still all about the Iranian influence in Iraq and the chaos it is causing. Finally, the US forces took action against them. The protestors support this action. Some Iranian backed politicians, of course, did not like and so spoke up. But this will all change and sooner than later. It may take an escalation of the US forces to push them out... What will happen? Whatever does happen must be met with support from the GOI and parliament.
12-31-2019 Newshound Guru Jeff ...Iraq through the year of '19 has showed you a lot of articles showing if they were to change the rate right now because they are pegged to the dollar that the new rate they'd achieve would be "$1 plus". In order for them to achieve a "$3 plus" rate they have to have to do what Kuwait has done. They have to un-peg from the dollar and re-peg to a currency assortment basket...
12-31-2019 Intel Guru Delta REPORT IS OUT FOR NOV ...CBI DID PRINT CURRENCY ON NOV AT THE COST OF $35,006,954 WORTH...800,182,960,000 DINARS.
12-30-2019 Newshound Guru Jeff Article via ZazaZoom "Parliamentary Finance: The Government will proceed with the interim budget" ...there are a whole bunch of gurus talking about new rates and everything coming out around January 1st. If they were going to complete the budget and put out a brand new rate January 1st they would not be doing a temporary budget or interim budget. This is the third article I've seen talking about this...
12-30-2019 Intel Guru MarkZ I believe we will be in a great place again starting sometime today. With people getting back into position I am very excited about this week. The reset has been started…imo .they will not be able to stop it now…
12-30-2019 Guest Guru Tekmouse Reducing the amount issued to 5 tril limits the amount of notes that it can be. If you take the time they stated they had 9 billion notes out there, their 'Currency Issued by CBI " was approx 40 trillion. So divide the 40 trillion by 9 billion notes and you get the average note value. Take that same note value, as a closest guess based on historical data, and divide it by the current 5.1 trillion 'Currency Issued by the CBI' - so 5.1 tril divided by 4,444 is 1,147,614,761 notes. A SWAG, if you will. But eh SWAG is below the 3 billion notes required to reach $1.17 and close to the 1 billion notes required to reach the CBI's desired $3.25... [Post 2 of 2]
12-30-2019 Guest Guru Tekmouse [Response to Frank & Delta Post 12-29-2019] The M0 is not the value of their currency alone. An M0 INCLUDES the country's money in it. If you had $10,000 in the bank your personal M0 would not be $10,000. It would be whatever your car, house, plane cash, portfolio etc is COMBINED...The M0 is the value of their assets. They're [Iraq] freaking rich. It's even more significant that they went from 50 trillion in total to 5 trillion in total. 5.1 trillion Currency issued by CBI is lower than Jan 2004, which was 6.1 trillion. The value of the currency is factored greatly by the amount of notes...The CBI stated they need to REDUCE the note count to 3 billion notes to get to their $1.17, per their foreign policy. They were at 22 billion at one point and then they were down to 9 billion 5 years ago. [Post 1 of 2....stay tuned]
12-30-2019 Newshound Guru Jeff ...In order for Iraq to have a rate greater than $1-plus and go up to $3-plus they need to un-peg from the dollar and go to a new fiscal year. Then they would have to be pegged to a currency assortment basket to achieve a rate greater than $1. That would most likely transition them to a different fiscal period and that would suggest to us why they're doing this temporary budget...[Post 2 of 2]
12-30-2019 Newshound Guru Jeff Article via ZazaZoom: "Parliamentary Finance: The Government will proceed with the interim budget" ...The reason why they've never done an interim budget but they would now need to tells us they're most likely transitioning to a different fiscal period and they would need some kind of temporary funds to cover them for the period of time that the main budget is not covered...historically in the 70's their fiscal year went from April through the end of March. Identical to Kuwait's... [Post 1 of 2....stay tuned]
12-30-2019 Intel Guru Delta it's a high possibility IMO that we might...see the rate [December] 31st on the Central Bank of Iraq website. We might not see it until the 2nd...we're definitely on track...
12-30-2019 Intel Guru MarkZ I believe we will be in a great place again starting sometime today. With people getting back into position I am very excited about this week. The reset has been started…imo .they will not be able to stop it now…
12-30-2019 Guest Guru Tekmouse Reducing the amount issued to 5 tril limits the amount of notes that it can be. If you take the time they stated they had 9 billion notes out there, their 'Currency Issued by CBI " was approx 40 trillion. So divide the 40 trillion by 9 billion notes and you get the average note value. Take that same note value, as a closest guess based on historical data, and divide it by the current 5.1 trillion 'Currency Issued by the CBI' - so 5.1 tril divided by 4,444 is 1,147,614,761 notes. A SWAG, if you will. But eh SWAG is below the 3 billion notes required to reach $1.17 and close to the 1 billion notes required to reach the CBI's desired $3.25... [Post 2 of 2]
12-30-2019 Guest Guru Tekmouse [Response to Frank & Delta Post 12-29-2019] The M0 is not the value of their currency alone. An M0 INCLUDES the country's money in it. If you had $10,000 in the bank your personal M0 would not be $10,000. It would be whatever your car, house, plane cash, portfolio etc is COMBINED...The M0 is the value of their assets. They're [Iraq] freaking rich. It's even more significant that they went from 50 trillion in total to 5 trillion in total. 5.1 trillion Currency issued by CBI is lower than Jan 2004, which was 6.1 trillion. The value of the currency is factored greatly by the amount of notes...The CBI stated they need to REDUCE the note count to 3 billion notes to get to their $1.17, per their foreign policy. They were at 22 billion at one point and then they were down to 9 billion 5 years ago. [Post 1 of 2....stay tuned]
12-30-2019 Newshound Guru Jeff ...In order for Iraq to have a rate greater than $1-plus and go up to $3-plus they need to un-peg from the dollar and go to a new fiscal year. Then they would have to be pegged to a currency assortment basket to achieve a rate greater than $1. That would most likely transition them to a different fiscal period and that would suggest to us why they're doing this temporary budget...[Post 2 of 2]
12-30-2019 Newshound Guru Jeff Article via ZazaZoom: "Parliamentary Finance: The Government will proceed with the interim budget" ...The reason why they've never done an interim budget but they would now need to tells us they're most likely transitioning to a different fiscal period and they would need some kind of temporary funds to cover them for the period of time that the main budget is not covered...historically in the 70's their fiscal year went from April through the end of March. Identical to Kuwait's... [Post 1 of 2....stay tuned]
12-30-2019 Intel Guru Delta it's a high possibility IMO that we might...see the rate [December] 31st on the Central Bank of Iraq website. We might not see it until the 2nd...we're definitely on track...
12-29-2019 Newshound Guru Adam Montana [So, I can't help but think if there was a 10 cent with a float, there would be a MASSIVE run on the buying of dinar...] massive run on the dinar - YES, which means a massive influx of cash to Iraq’s vaults, which makes them look better, which adds to the demand for dinar, which raises the price, which puts more money in their vaults, and on and on. It’s a snowball effect at that point. I don’t want to see a massive run on the Dinar before the RV. I DO want to see that immediately following the RV.
12-29-2019 Intel Gurus Frank26 & Delta ...we got the proof that the CBI did delete the zeros at the end of November...CBI website... remember the money supply was 50 trillion...it dropped all the way down to 5 trillion...[Guru] MilitiaMan found this...another proof of the positioning that they're about to do with this...this is real numbers...they did this on November 30th...
12-29-2019 Intel Guru footforward Let me be really clear. I don't believe there has been an "in country ...I'm suggesting somewhere on paper they have changed their money supply for when the RV happens. They are getting ready for this...If they have reduced the money supply, that is a huge change. That hasn't been done before...Not like this...So the only other thing that would account for a shift of 45 trillion in their money supply is if the value increased...I think they went from 50 trillion dinar notes to 5 trillion notes and fills...If they revalued and had that much currency, the dinar wouldn't be worth much...
12-29-2019 Intel Guru Frank26 ...on January 1st IMO a 2020 budget for the Iraqi government should come out. IMO it has a higher chance of coming out with a new rate for new small category notes they want to introduce so badly. They are in the position to do so in that budget. If not then based on how much longer or violent the protesting will be that might be the barometer that we need in order to determine when we're gonna see the new rate...this rioting is definitely influential in when they're going to release it...
12-29-2019 Newshound Guru chattels With all due respect to those who believe that the GOI is not as important as the CBI, I ask what monetary or banking policy can exist if there is no functional government ?
12-29-2019 Intel Gurus Frank26 & Delta ...we got the proof that the CBI did delete the zeros at the end of November...CBI website... remember the money supply was 50 trillion...it dropped all the way down to 5 trillion...[Guru] MilitiaMan found this...another proof of the positioning that they're about to do with this...this is real numbers...they did this on November 30th...
12-29-2019 Intel Guru footforward Let me be really clear. I don't believe there has been an "in country ...I'm suggesting somewhere on paper they have changed their money supply for when the RV happens. They are getting ready for this...If they have reduced the money supply, that is a huge change. That hasn't been done before...Not like this...So the only other thing that would account for a shift of 45 trillion in their money supply is if the value increased...I think they went from 50 trillion dinar notes to 5 trillion notes and fills...If they revalued and had that much currency, the dinar wouldn't be worth much...
12-29-2019 Intel Guru Frank26 ...on January 1st IMO a 2020 budget for the Iraqi government should come out. IMO it has a higher chance of coming out with a new rate for new small category notes they want to introduce so badly. They are in the position to do so in that budget. If not then based on how much longer or violent the protesting will be that might be the barometer that we need in order to determine when we're gonna see the new rate...this rioting is definitely influential in when they're going to release it...
12-29-2019 Newshound Guru chattels With all due respect to those who believe that the GOI is not as important as the CBI, I ask what monetary or banking policy can exist if there is no functional government ?
12-28-2019 Intel Guru Frank26 [If they adjusted the rate higher than a 1 to 1 value (5 to 1) would there still be a different rate for out of country or just the single rate.] A DINAR IS A DINAR IN COUNTRY...A DINAR OUT OF THE COUNTRY IS GOVERNED BY THE MARKET RATE. THESE ARE TWO DIFFERENT... POSITIONS... RATES.
12-28-2019 Newshound Guru Adam Montana ...Last week, several options were considered, and they ended up with a completely unacceptable candidate: The current governor of Basra, Asaad Al-Eidani. *Sigh*... as if that was going to go well! Now, the President of Iraq Barham Saleh has stated that HE will also resign over the reaction to this nomination! ...Bottom line... the people are going to win this one. There WILL be a massive change in Iraq, and it's happening. Right now. Overall, I'm very happy with the situation. [post 2 of 2]
12-28-2019 Newshound Guru Adam Montana Iraq is taking the end of 2019 serious...First, the recent history: Beginning of October 2019, the people of Iraq began protesting. And when I say "protesting", I mean riots, people dead, "we're not going to take it" level of protesting. The most recent Prime Minister quit, and his successor needed to be named in a short period of time. Parliament made it known that the voices of the people were heard, they know they can't just stick another puppet up there and expect things to be okay again... [post 1 of 2....stay tuned]
12-28-2019 Newshound Guru chattels Quote: "...the 2020 budget has some amazing stuff in it...Article 140, HCL all that is now inside the 2020 budget..." How is Article 140 inside the 2020 Budget? The Iraqi budget, when passed, becomes law for the year of that budget. The HCL is a permanent accord between the GOI and the KRG which governs many things related to oil production, sales, etc. There have been at least two drafts of the HCL, neither adopted and none in and budget law.
12-28-2019 Intel Guru Frank26 [Reference Delta Post 12-28-2019] ...This is a break in the pattern of the last 11 years...this is a pattern in which the CBI is involved in this process through the banks. Citizens cannot withdraw. They cannot deposit. They can't touch them. Nada until the 5th of January...this has never happened before and it's so unprecedented...
12-28-2019 Intel Guru Delta ...you [CBI] are about to introduce the lower denominations. You're about to change your rate. You don't want to mess this one up...I've never seen this pattern before...there's something fishy here. There's something going on IMO...they might load those ATMs with lower denominations. Whatever the case definitely it's very interesting and this is out of the pattern...Everything is shut down and now is the right time for you to show everything... [Post 2 of 2]
12-28-2019 Intel Guru Delta ...more confirmation that we may see something...the Trade Bank of Iraq they came out with three separate announcements for their own customers...They're stating that they are going to start suspending some activities...you cannot withdraw cash starting on Thursday [26th]...And on Sunday the 29th they're going to suspend all the wire transfers and all the deposits. On Sunday you cannot deposit cash and cannot wire transfer...I've never seen a bank shutting down the cash. You cannot withdraw cash. You cannot deposit cash. This is very interesting to see because it's never happened before... [Post 1 of 2.... stay tuned]
12-28-2019 Intel Guru MarkZ [Did Iraq get a new Prime Minister?] I was told the back door deals, the hand-shaking is done and they expect to announce it on Sunday. I think they will be shaking off more of the Iranian clutches from their government.
12-28-2019 Newshound Guru Jeff IMO we are at the last step waiting for Iraq to position and allocate money from within the 2020 budget. But they put a little spin on this. Now I strongly feel that we are waiting for them to resolve the prime-minister issue...IMO we want to see the Prime-minister portion resolved by or around January 15th...that would easily leave them two and a half months to tackle the 2020 budget...IMO the 2020 budget is the very last step that we're waiting on...I still feel we're in a very good position. Obviously just a little time is needed...
12-28-2019 Newshound Guru Adam Montana ...Last week, several options were considered, and they ended up with a completely unacceptable candidate: The current governor of Basra, Asaad Al-Eidani. *Sigh*... as if that was going to go well! Now, the President of Iraq Barham Saleh has stated that HE will also resign over the reaction to this nomination! ...Bottom line... the people are going to win this one. There WILL be a massive change in Iraq, and it's happening. Right now. Overall, I'm very happy with the situation. [post 2 of 2]
12-28-2019 Newshound Guru Adam Montana Iraq is taking the end of 2019 serious...First, the recent history: Beginning of October 2019, the people of Iraq began protesting. And when I say "protesting", I mean riots, people dead, "we're not going to take it" level of protesting. The most recent Prime Minister quit, and his successor needed to be named in a short period of time. Parliament made it known that the voices of the people were heard, they know they can't just stick another puppet up there and expect things to be okay again... [post 1 of 2....stay tuned]
12-28-2019 Newshound Guru chattels Quote: "...the 2020 budget has some amazing stuff in it...Article 140, HCL all that is now inside the 2020 budget..." How is Article 140 inside the 2020 Budget? The Iraqi budget, when passed, becomes law for the year of that budget. The HCL is a permanent accord between the GOI and the KRG which governs many things related to oil production, sales, etc. There have been at least two drafts of the HCL, neither adopted and none in and budget law.
12-28-2019 Intel Guru Frank26 [Reference Delta Post 12-28-2019] ...This is a break in the pattern of the last 11 years...this is a pattern in which the CBI is involved in this process through the banks. Citizens cannot withdraw. They cannot deposit. They can't touch them. Nada until the 5th of January...this has never happened before and it's so unprecedented...
12-28-2019 Intel Guru Delta ...you [CBI] are about to introduce the lower denominations. You're about to change your rate. You don't want to mess this one up...I've never seen this pattern before...there's something fishy here. There's something going on IMO...they might load those ATMs with lower denominations. Whatever the case definitely it's very interesting and this is out of the pattern...Everything is shut down and now is the right time for you to show everything... [Post 2 of 2]
12-28-2019 Intel Guru Delta ...more confirmation that we may see something...the Trade Bank of Iraq they came out with three separate announcements for their own customers...They're stating that they are going to start suspending some activities...you cannot withdraw cash starting on Thursday [26th]...And on Sunday the 29th they're going to suspend all the wire transfers and all the deposits. On Sunday you cannot deposit cash and cannot wire transfer...I've never seen a bank shutting down the cash. You cannot withdraw cash. You cannot deposit cash. This is very interesting to see because it's never happened before... [Post 1 of 2.... stay tuned]
12-28-2019 Intel Guru MarkZ [Did Iraq get a new Prime Minister?] I was told the back door deals, the hand-shaking is done and they expect to announce it on Sunday. I think they will be shaking off more of the Iranian clutches from their government.
12-28-2019 Newshound Guru Jeff IMO we are at the last step waiting for Iraq to position and allocate money from within the 2020 budget. But they put a little spin on this. Now I strongly feel that we are waiting for them to resolve the prime-minister issue...IMO we want to see the Prime-minister portion resolved by or around January 15th...that would easily leave them two and a half months to tackle the 2020 budget...IMO the 2020 budget is the very last step that we're waiting on...I still feel we're in a very good position. Obviously just a little time is needed...
12-27-2019 Newshound Guru Kaperoni This is a process that's going to take time and the first thing we need to see is laws to support private investment. And then the hope that the government will open the economy as a result...Until laws are passed and in place and private investment comes in to rebuild there will be no appreciation of the dinar
12-27-2019 Intel Guru Bruce I believe it’s complete in the sense that we heard ...the Dept of Defense... activated the release codes so it could be handed off to the treasury... Now the Dept of Defense would not have done that...handed it off...had it not been ready/ complete...I take that as a very good sign...So we have to be open to this going at any moment any time...any day...Let’s be open to that possibility ...Would it be possible to start this on the first of January? ...I would say it’s very possible... [post 2 of 2]
12-27-2019 Intel Guru Bruce ...we expected to have something before Christmas and it did not come through and...I really think that we’re at a good place...We haven’t gone because we had at least 64 arrests of bankers this past week...these individuals in various ways were trying to stop this from going...they were holding it up...Now the good news is they have...made...changes to their personnel and hopefully that will take care of that problem... [post 1 of 2....stay tuned]
12-27-2019 Newshound Guru Jeff ...Iraq is strongly positioning themselves for the rate change. What has Iraq done through 2019? One thing that Iraq did was they ...strongly promoted the use of their own currency through writing loans...What else happened? They launched...a single currency practice...They were not able to utilize any other currencies to pay for reconstruction because they can only use the Iraq dinar going forward...what that does is strengthens their native currency...but they can't pay for that reconstruction...all that budget money is now inside the 2020 budget. They can't pay for it until after the rate change. That's an international step...the 2020 budget has some amazing stuff in it...Article 140, HCL all that is now inside the 2020 budget...
12-27-2019 Intel Guru MarkZ [via PDK] It was quiet last night as I expected...I am not looking for anything to happen until the 29th or 30th. Sunday /Monday is when I am looking at right now for things to heat back up. Could they surprise us and do things sooner...They absolutely could. It’s not out of the picture. We are in a tremendous spot right now…a great window. I’m not ruling it out - just not looking for it until the weekend.
12-27-2019 Intel Guru DELTA "We Found Something Big and Huge" ...URGENT ...[Gurus] MilitiaMan & FRANKIE [Frank26] & MYSELF WE FOUND SOMETHING SO BIG AND HUGE AND WE GOT THE PROVE THAT CBI DID DELETE ZEROS END OF NOVEMBER...WE WILL SEE WHEN TO RELEASE THE INFO...
12-27-2019 Newshound Guru chattels Article: "/Nina/ publishes the first amendment proposal for the Federal Financial Management Law Thursday 26, December 2019" At one time the gurus hailed the financial management law as a harbinger of the "RV". It was then and is now simply an accounting regulatory law, IMO.
12-27-2019 Newshound/Intel Guru Mnt Goat Wow! The news from Iraq is finally breaking wide-open and is all very good for us. The stalemate seems to be almost over and if it continues we might just see the reinstatement yet in early 2020... So Iraq still needs a new prime minister, someone the US and UN can also approve will preserve the Iraqi constitution. We see...on Christmas Eve the Electoral Law was finally agreed on and passed. Now two readings already on amendments to the Financial Administration Law. So let’s get the new prime minster completed. The CBI is waiting…
12-27-2019 Intel Guru Bruce I believe it’s complete in the sense that we heard ...the Dept of Defense... activated the release codes so it could be handed off to the treasury... Now the Dept of Defense would not have done that...handed it off...had it not been ready/ complete...I take that as a very good sign...So we have to be open to this going at any moment any time...any day...Let’s be open to that possibility ...Would it be possible to start this on the first of January? ...I would say it’s very possible... [post 2 of 2]
12-27-2019 Intel Guru Bruce ...we expected to have something before Christmas and it did not come through and...I really think that we’re at a good place...We haven’t gone because we had at least 64 arrests of bankers this past week...these individuals in various ways were trying to stop this from going...they were holding it up...Now the good news is they have...made...changes to their personnel and hopefully that will take care of that problem... [post 1 of 2....stay tuned]
12-27-2019 Newshound Guru Jeff ...Iraq is strongly positioning themselves for the rate change. What has Iraq done through 2019? One thing that Iraq did was they ...strongly promoted the use of their own currency through writing loans...What else happened? They launched...a single currency practice...They were not able to utilize any other currencies to pay for reconstruction because they can only use the Iraq dinar going forward...what that does is strengthens their native currency...but they can't pay for that reconstruction...all that budget money is now inside the 2020 budget. They can't pay for it until after the rate change. That's an international step...the 2020 budget has some amazing stuff in it...Article 140, HCL all that is now inside the 2020 budget...
12-27-2019 Intel Guru MarkZ [via PDK] It was quiet last night as I expected...I am not looking for anything to happen until the 29th or 30th. Sunday /Monday is when I am looking at right now for things to heat back up. Could they surprise us and do things sooner...They absolutely could. It’s not out of the picture. We are in a tremendous spot right now…a great window. I’m not ruling it out - just not looking for it until the weekend.
12-27-2019 Intel Guru DELTA "We Found Something Big and Huge" ...URGENT ...[Gurus] MilitiaMan & FRANKIE [Frank26] & MYSELF WE FOUND SOMETHING SO BIG AND HUGE AND WE GOT THE PROVE THAT CBI DID DELETE ZEROS END OF NOVEMBER...WE WILL SEE WHEN TO RELEASE THE INFO...
12-27-2019 Newshound Guru chattels Article: "/Nina/ publishes the first amendment proposal for the Federal Financial Management Law Thursday 26, December 2019" At one time the gurus hailed the financial management law as a harbinger of the "RV". It was then and is now simply an accounting regulatory law, IMO.
12-27-2019 Newshound/Intel Guru Mnt Goat Wow! The news from Iraq is finally breaking wide-open and is all very good for us. The stalemate seems to be almost over and if it continues we might just see the reinstatement yet in early 2020... So Iraq still needs a new prime minister, someone the US and UN can also approve will preserve the Iraqi constitution. We see...on Christmas Eve the Electoral Law was finally agreed on and passed. Now two readings already on amendments to the Financial Administration Law. So let’s get the new prime minster completed. The CBI is waiting…
12-26-2019 Intel Guru MarkZ [via PDK] [Can Iraq still go with no new prime minister in place?] Yes they can…we have to stop thinking of the politics in those countries and focus on “Do they have the assets” to do this. ...With an asset backed currency…you just have to have the assets in place to justify the value. So yes, I believe. Unless there is tremendous upheaval and turmoil... that they can go with or without a new leader in place
12-26-2019 Intel Guru Jeff ...I've been in this 10 years. I think I've only seen one article in 10 years where they ever talked about the physical exchange rate of the Iraq dinar ever being in the $3+ range. Like 99% of all the articles I've seen that mentioned anything about the Iraq exchange rate they've always showed it to be in the dollar range. Why is that? They're never gonna show you the real truth as to what the rate is even gonna be. That's why like I said 99% of the articles are talking about the dinar exchange rate being pegged to the dollar showing that the value of the exchange rate is in the dollar range. They don't want us to know that it could be in the $3+ range...they don't want you to think that it could even reach $3+...
12-26-2019 Newshound Guru larrykn As for the dinar...Look at the news and what they are doing...do you really believe they would change the rate when they don't even have a government in place. I think not. I'm sorry but it looks like we will still be here for awhile...not saying this won't happen but I do believe they have to have the country in order before they can do this...
12-26-2019 Intel Guru MarkZ Iraq has announced that they will be inventorying all their cash between the 29th of Dec. to Jan. 5th. Meaning their banks are not going to do any cash withdrawals as they inventory all the cash in the country. According to my contacts in Iraq say Iraq is planning to release the new rate at that time. This is really important IMO…the highlight of our window…Could they pull it off earlier with everyone quiet and gone…absolutely…would this be an ideal time? Absolutely…if they want to do it under the radar. So with Iraq making that announcement this is a golden opportunity …and I hear from everyone we are still in a perfect spot.
12-26-2019 Newshound Guru Jeff ...[Guru's] Frank26, Delta and MilitiaMan are all of the opinion that the rate will change around the beginning of this fiscal year...[MilitiaMan] is saying that March is a reckless rumor...here's where he's wrong...Iraq's never done a rate change at the end of the year...roughly 2010... Shabibi said that the best time for a rate change is either at the beginning of a fiscal year or middle. They've never commented around the end of a fiscal year...Back in the '70s Iraq's fiscal period was actually the exact same as Kuwait's from the beginning of April through the end of March...in 1973 Iraq's currency pegged to the dollar was worth $3.37 ... ...Iraq's preparing to join the international world community...Iraq will start managing and controlling all of their own affairs...that's when they would most likely transition to a new fiscal year and un-peg from the dollar and repeg to a currency assortment basket to be structured exactly how Kuwait is structured today...
12-26-2019 Newshound/Intel Guru Mnt Goat ...This part of HCL is very significant because the conditions specified for these payments is bringing the provisional rate to 1:1 with the US dollar first and paying out under this new rate. As I told you before it is going to be more like about 83 cents rather than 1.00. I am seeing some positive signs ...time will tell. We are hopeful this window of opportunity is taken advantage of and finally Iraq will move forward again with the project to delete the zeros. [post 2 of 2]
12-26-2019 Newshound/Intel Guru Mnt Goat I was hoping for announcements by the GOI on certain aspects that did not happen...These announcements should be about the payments of the HCL excess oil revenues to the citizens and hopefully the new prime minister. ...I have evidence of a meeting with the UN, US, CBI and the GOI and agreements have been made to do so soon, in fact it was supposed to happen already last week. [post 1 of 2....stay tuned]
12-26-2019 Intel/Newshound Guru Delta ...This is coming from the CBI...they said they can not change the value at any time...there is a legal and international policy they can change the rate only the first of the fiscal year. That's January 1st. That's why they could not do it July, August or September. We were wrong unfortunately...we thought they could do it at any time. That's wrong. They can not do it at any time...we are in a very good position right now...they ordered [the powers that be] the CBI that this time they are going to do it. There is no delay.
12-26-2019 Intel Guru Bruce ...The bank screens, were gray scale for days last week we didn’t have rates on the front screen at all - Now we have front screen rates in green - so we have the green light so to speak on the front screen... Well it doesn’t do us any good if we’re not in there – it’s good to know that they are there and are populated – We also know that the Iraqi dinar is going to be increasing in value – continuing to increase – and it should be settled in at whatever time we tier 4B are finally released to come in for our exchanges...what I’ve heard from bank sources today is that we should be in the driver’s seat by Thursday the 26th...But if we don’t...start our exchanging by Friday then we are looking to Monday-Tuesday start...I hate the term “Back walls” ...but this is from a very, very strong authority...
12-26-2019 Intel Guru Jeff ...I've been in this 10 years. I think I've only seen one article in 10 years where they ever talked about the physical exchange rate of the Iraq dinar ever being in the $3+ range. Like 99% of all the articles I've seen that mentioned anything about the Iraq exchange rate they've always showed it to be in the dollar range. Why is that? They're never gonna show you the real truth as to what the rate is even gonna be. That's why like I said 99% of the articles are talking about the dinar exchange rate being pegged to the dollar showing that the value of the exchange rate is in the dollar range. They don't want us to know that it could be in the $3+ range...they don't want you to think that it could even reach $3+...
12-26-2019 Newshound Guru larrykn As for the dinar...Look at the news and what they are doing...do you really believe they would change the rate when they don't even have a government in place. I think not. I'm sorry but it looks like we will still be here for awhile...not saying this won't happen but I do believe they have to have the country in order before they can do this...
12-26-2019 Intel Guru MarkZ Iraq has announced that they will be inventorying all their cash between the 29th of Dec. to Jan. 5th. Meaning their banks are not going to do any cash withdrawals as they inventory all the cash in the country. According to my contacts in Iraq say Iraq is planning to release the new rate at that time. This is really important IMO…the highlight of our window…Could they pull it off earlier with everyone quiet and gone…absolutely…would this be an ideal time? Absolutely…if they want to do it under the radar. So with Iraq making that announcement this is a golden opportunity …and I hear from everyone we are still in a perfect spot.
12-26-2019 Newshound Guru Jeff ...[Guru's] Frank26, Delta and MilitiaMan are all of the opinion that the rate will change around the beginning of this fiscal year...[MilitiaMan] is saying that March is a reckless rumor...here's where he's wrong...Iraq's never done a rate change at the end of the year...roughly 2010... Shabibi said that the best time for a rate change is either at the beginning of a fiscal year or middle. They've never commented around the end of a fiscal year...Back in the '70s Iraq's fiscal period was actually the exact same as Kuwait's from the beginning of April through the end of March...in 1973 Iraq's currency pegged to the dollar was worth $3.37 ... ...Iraq's preparing to join the international world community...Iraq will start managing and controlling all of their own affairs...that's when they would most likely transition to a new fiscal year and un-peg from the dollar and repeg to a currency assortment basket to be structured exactly how Kuwait is structured today...
12-26-2019 Newshound/Intel Guru Mnt Goat ...This part of HCL is very significant because the conditions specified for these payments is bringing the provisional rate to 1:1 with the US dollar first and paying out under this new rate. As I told you before it is going to be more like about 83 cents rather than 1.00. I am seeing some positive signs ...time will tell. We are hopeful this window of opportunity is taken advantage of and finally Iraq will move forward again with the project to delete the zeros. [post 2 of 2]
12-26-2019 Newshound/Intel Guru Mnt Goat I was hoping for announcements by the GOI on certain aspects that did not happen...These announcements should be about the payments of the HCL excess oil revenues to the citizens and hopefully the new prime minister. ...I have evidence of a meeting with the UN, US, CBI and the GOI and agreements have been made to do so soon, in fact it was supposed to happen already last week. [post 1 of 2....stay tuned]
12-26-2019 Intel/Newshound Guru Delta ...This is coming from the CBI...they said they can not change the value at any time...there is a legal and international policy they can change the rate only the first of the fiscal year. That's January 1st. That's why they could not do it July, August or September. We were wrong unfortunately...we thought they could do it at any time. That's wrong. They can not do it at any time...we are in a very good position right now...they ordered [the powers that be] the CBI that this time they are going to do it. There is no delay.
12-26-2019 Intel Guru Bruce ...The bank screens, were gray scale for days last week we didn’t have rates on the front screen at all - Now we have front screen rates in green - so we have the green light so to speak on the front screen... Well it doesn’t do us any good if we’re not in there – it’s good to know that they are there and are populated – We also know that the Iraqi dinar is going to be increasing in value – continuing to increase – and it should be settled in at whatever time we tier 4B are finally released to come in for our exchanges...what I’ve heard from bank sources today is that we should be in the driver’s seat by Thursday the 26th...But if we don’t...start our exchanging by Friday then we are looking to Monday-Tuesday start...I hate the term “Back walls” ...but this is from a very, very strong authority...
12-25-2019 Newshound/Intel Guru Mnt Goat What I am still hearing is that our window of now until mid-January is still wide open. It could literally happen at any moment during this period. The demonstrators have a huge impact and will force this out. No, Iraq does not need a robust economy or a market economy to allow the reinstatement of the dinar. Like I keep telling everyone, there is a difference between VALUE and the RATE of a currency. We know for a FACT that the Iraq dinar has the value it needs already way beyond its current rate. The rate is being held back intentionally due to corruption.
12-25-2019 Intel/Newshound Guru Frank 26 ...I believe in my heart and my opinion that the rate and the budget come out together...
12-25-2019 Newshound Guru Adam Montana [...you still thinking $0.10 or something more substantial given the increasing political pressure?] $0.10 still makes as much sense as it did before, and would be substantial enough to get everyone off the riot bus. The other side of that topic is "float or fixed", and I'm leaning heavily towards "float". This will keep pressure on all parties to keep moving Iraq forward, which may turn a .10 exchange rate into much more in a short time. The catch to that is going to be the cash in timeframe. I'm convinced it will be at least 90 days, but probably no more than a year. The new and old currencies would be used at the same time, and there's a good chance it will make sense to reinvest in the new currency as well. That is ONLY true if it's a float...
12-25-2019 Intel/Newshound Guru Delta ...the Education Minister in the Parliament they stated that in the budget 2020 they have this grant for students and the amount is 30,000 dinar only...30K doesn't make sense...30K at this rate isn't even $25. That doesn't make sense...which is more confirmation of what's in our opinion what you're waiting for with the dinars...
12-25-2019 Newshound Guru chattels Article: "Iraq’s parliament passes new electoral law after months of protests" The new law approved today means votes will be cast for individuals and not political lists, potentially lessening the influence of the established parties.
12-25-2019 Intel Guru MarkZ [Are the rates about the same or have they dropped a bit?] I hear some may have gone up a bit…so I am looking for them to be about the same or marginally higher
12-25-2019 Intel/Newshound Guru Frank 26 ...I believe in my heart and my opinion that the rate and the budget come out together...
12-25-2019 Newshound Guru Adam Montana [...you still thinking $0.10 or something more substantial given the increasing political pressure?] $0.10 still makes as much sense as it did before, and would be substantial enough to get everyone off the riot bus. The other side of that topic is "float or fixed", and I'm leaning heavily towards "float". This will keep pressure on all parties to keep moving Iraq forward, which may turn a .10 exchange rate into much more in a short time. The catch to that is going to be the cash in timeframe. I'm convinced it will be at least 90 days, but probably no more than a year. The new and old currencies would be used at the same time, and there's a good chance it will make sense to reinvest in the new currency as well. That is ONLY true if it's a float...
12-25-2019 Intel/Newshound Guru Delta ...the Education Minister in the Parliament they stated that in the budget 2020 they have this grant for students and the amount is 30,000 dinar only...30K doesn't make sense...30K at this rate isn't even $25. That doesn't make sense...which is more confirmation of what's in our opinion what you're waiting for with the dinars...
12-25-2019 Newshound Guru chattels Article: "Iraq’s parliament passes new electoral law after months of protests" The new law approved today means votes will be cast for individuals and not political lists, potentially lessening the influence of the established parties.
12-25-2019 Intel Guru MarkZ [Are the rates about the same or have they dropped a bit?] I hear some may have gone up a bit…so I am looking for them to be about the same or marginally higher
12-24-2012 Newshound Guru Jeff ...happy Christmas Eve...there are only two things I'm looking for to make sure we're on track for timing...still dialed in on Q1...I want to see them put a non-Iranian PM in place...remember towards the end of last week President Saleh went to Washington to get guidance from the Trump administration. So I want to see them put a non-Iranian P.M. And then I want to see them start the 2020 budget...as far as I'm concerned those are the only two things I'm worried about right now to know that we're on track...we have to see how it plays out...
12-24-2019 Intel Guru MarkZ I cannot stress enough that we are in a good spot. No one can pinpoint the exact date…but look around. We are really in a great spot. Look at everything they are doing in Iraq…we are there folks. My sources are telling me its any moment to the very early part of January. That this window is wide open based on logistics… Everything is in place…we are simply waiting for somebody to “flip the trigger” ...
12-24-2019 Intel/Newshound Guru Frank26 ...IMO it is the situation now that the recalculation of the rate they want to use for the 2020 budget worked. IMO they told us they want to use 1 American dollar to 1 Iraqi dinar. That's wonderful. That's a good start...IMO 1 to 1 is not going to cover 160 Trillion 2020 budget...
12-24-2019 Newshound Guru MilitiaMan 11) [Guru] Delta posted articles from the past defining the process and when the process is likely to play out. A rate change is only once a year and around the end or first part of the fiscal year. ...So the rumor that this could go out to March, per the CBI is unfounded...I am fairly confident there is nothing supporting there is anything from the CBI stating they are going to postpone or delay this process. ...Personally, we are in one heck of a window, imo! [post 5 of 5]
12-24-2019 Newshound Guru MilitiaMan 9) The CBI has a board of directors for Monetary Policy produce a video that orders the CBI to finish monetary reforms and they accepted those orders. A very BIG clue they are going to increase the exchange rate. In fact, the translation per [Guru] Delta talks of coins.. That is another massive supporting piece of evidence from the horses mouth. 10) From my understanding there may have been recent contact directly from Dr. Shabibi over the prior couple weeks. If true, then another slice is on the plate. [post 4 of 5....stay tuned]
12-24-2019 Newshound Guru MilitiaMan 5) ISX is said to be shutting down and purportedly to be international and opening with NASDAQ 01/02/2019... ISX has rules on value of shares when opening. Sub penny stocks to make muster. If true, it is another supporting slice of pie. 6) The Iraq Trade Bank in Saudi Arabia is and or has been on record of suggesting they'll open now early next year. Per [Guru] Delta that is a recent change. imo. 7) The Citizens are not shutting down from their demands and they mean business too. 8) USA showed up and is helping in that regard. [post 3 of 5...stay tuned]
12-24-2019 Intel Guru MarkZ I cannot stress enough that we are in a good spot. No one can pinpoint the exact date…but look around. We are really in a great spot. Look at everything they are doing in Iraq…we are there folks. My sources are telling me its any moment to the very early part of January. That this window is wide open based on logistics… Everything is in place…we are simply waiting for somebody to “flip the trigger” ...
12-24-2019 Intel/Newshound Guru Frank26 ...IMO it is the situation now that the recalculation of the rate they want to use for the 2020 budget worked. IMO they told us they want to use 1 American dollar to 1 Iraqi dinar. That's wonderful. That's a good start...IMO 1 to 1 is not going to cover 160 Trillion 2020 budget...
12-24-2019 Newshound Guru MilitiaMan 11) [Guru] Delta posted articles from the past defining the process and when the process is likely to play out. A rate change is only once a year and around the end or first part of the fiscal year. ...So the rumor that this could go out to March, per the CBI is unfounded...I am fairly confident there is nothing supporting there is anything from the CBI stating they are going to postpone or delay this process. ...Personally, we are in one heck of a window, imo! [post 5 of 5]
12-24-2019 Newshound Guru MilitiaMan 9) The CBI has a board of directors for Monetary Policy produce a video that orders the CBI to finish monetary reforms and they accepted those orders. A very BIG clue they are going to increase the exchange rate. In fact, the translation per [Guru] Delta talks of coins.. That is another massive supporting piece of evidence from the horses mouth. 10) From my understanding there may have been recent contact directly from Dr. Shabibi over the prior couple weeks. If true, then another slice is on the plate. [post 4 of 5....stay tuned]
12-24-2019 Newshound Guru MilitiaMan 5) ISX is said to be shutting down and purportedly to be international and opening with NASDAQ 01/02/2019... ISX has rules on value of shares when opening. Sub penny stocks to make muster. If true, it is another supporting slice of pie. 6) The Iraq Trade Bank in Saudi Arabia is and or has been on record of suggesting they'll open now early next year. Per [Guru] Delta that is a recent change. imo. 7) The Citizens are not shutting down from their demands and they mean business too. 8) USA showed up and is helping in that regard. [post 3 of 5...stay tuned]
12-23-2019 Newshound Guru MilitiaMan 3) The CBI shows large out put of money allocations over this last year of about 6-7 million a month for currency printing. As of 3-60 days ago the CBI shows a very large increase in allocations as much as 3-4x as much per month over a two month period. The take away there is minting coins is more expensive than paper printing. This too supports a rate change is to come. imo A strong one too. imo. 4) There was a recent Debt payment of $20 billion that was paid. Thus, a clue as to how high a rate change could be supported. Less debt = more value, imo.. A supporting piece of the puzzle as well. [post 2 of 5....stay tuned]
12-23-2019 Newshound Guru MilitiaMan There is nothing I see that warrants or supports the rumor of an RI going into March of 2020... 1) The CBI told the world they will need to be prepared to modify contracts. That supports a rate change is coming. imo 2) The Iraq Trade Bank on 12/01/2019 told us they were doing just that. They suspended loans for the month out to 01/01/20209. Another supporting factor a rate change is expected. [post 1 of 5....stay tuned]
12-23-2019 Newshound Guru Kaperoni I do agree Iraq can buy the majority of dinar in circulation if it chooses to do so but only at or about the current exchange rate. They could never do so at a $1 to 1 rate. 40+ trillion is just to much. That is why the dinar must float.
12-23-2019 Newshound Guru Adam Montana ...unless the next person gives them something good, and fast, they will be rioting again. ...things should be happening fairly quickly...instead of the usual weeks or months of delays, we are seeing a different Iraq...The people aren't going to wait long. They want change, and they want it fast...it's looking pretty obvious that someone is going to have to bring it. Or else... Today or tomorrow we should have an announcement on who is going to take the responsibility for that change...it may be a surprisingly great Christmas after all! [post 2 of 2]
12-23-2019 Newshound Guru Adam Montana ...Back in early October 2019, the people of Iraq finally had enough...following those protests, or during them, the most recent Prime Minister (Mahdi) resigned. ...By law, there was a period of time to appoint the next leader. ...it is well known by all involved in the process of appointing the next Prime Minister that it must be a candidate who will be accepted by all political parties, and also the people. In fact, "most importantly, the people." This puts a very bright light not only on who they appoint, but also what happens in the very near future. [post 1 of 2....stay tuned]
12-23-2019 Intel Guru MarkZ [via PDK] Many contacts...are hearing...there is a mad push to get this done...Even if only a few people get to exchange before Christmas they will be able to claim it happened before. That is the rumor all over right now in many locations. ...we are watching close. I am feeling pretty relaxed because I am absolutely certain we are at the end of all of this. I am absolutely confident that we are days or at the worst weeks away from it all being done
12-23-2019 Newshound Guru MilitiaMan There is nothing I see that warrants or supports the rumor of an RI going into March of 2020... 1) The CBI told the world they will need to be prepared to modify contracts. That supports a rate change is coming. imo 2) The Iraq Trade Bank on 12/01/2019 told us they were doing just that. They suspended loans for the month out to 01/01/20209. Another supporting factor a rate change is expected. [post 1 of 5....stay tuned]
12-23-2019 Newshound Guru Kaperoni I do agree Iraq can buy the majority of dinar in circulation if it chooses to do so but only at or about the current exchange rate. They could never do so at a $1 to 1 rate. 40+ trillion is just to much. That is why the dinar must float.
12-23-2019 Newshound Guru Adam Montana ...unless the next person gives them something good, and fast, they will be rioting again. ...things should be happening fairly quickly...instead of the usual weeks or months of delays, we are seeing a different Iraq...The people aren't going to wait long. They want change, and they want it fast...it's looking pretty obvious that someone is going to have to bring it. Or else... Today or tomorrow we should have an announcement on who is going to take the responsibility for that change...it may be a surprisingly great Christmas after all! [post 2 of 2]
12-23-2019 Newshound Guru Adam Montana ...Back in early October 2019, the people of Iraq finally had enough...following those protests, or during them, the most recent Prime Minister (Mahdi) resigned. ...By law, there was a period of time to appoint the next leader. ...it is well known by all involved in the process of appointing the next Prime Minister that it must be a candidate who will be accepted by all political parties, and also the people. In fact, "most importantly, the people." This puts a very bright light not only on who they appoint, but also what happens in the very near future. [post 1 of 2....stay tuned]
12-23-2019 Intel Guru MarkZ [via PDK] Many contacts...are hearing...there is a mad push to get this done...Even if only a few people get to exchange before Christmas they will be able to claim it happened before. That is the rumor all over right now in many locations. ...we are watching close. I am feeling pretty relaxed because I am absolutely certain we are at the end of all of this. I am absolutely confident that we are days or at the worst weeks away from it all being done
12-22-2019 Newshound/Intel Guru Mnt Goat ...this plan is not really as risky as [Guru] Kaperoni tells. Actually, the plan is based off of having the reinstatement and the new rate and will not risk the entire CBI reserves... also...take into account the pressures from the protesters or from the US and IMF. The IMF has also recently threatened them with Chapter VII again. This can not be taken lightly. This all matters very much.
12-22-2019 Newshound Guru Whitelions ...there is no float the CBI has Told us this and the IMF has no control over how Iraq rv it's money they can only advise and they are advising that Iraq revalue to a few cents above where is was when it was taken down.
12-22-2019 Newshound Guru Adam Montana Article: "Al-Khaldi: 170 deputies presented “Muhammad Tawfiq Allawi” as a candidate for prime minister" Allawi's name is coming up a LOT...I'm fine with him. Quote: "the rest of the nominated names are Lieutenant General Abdul-Ghani Al-Saadi, Abdul-Wahab Al-Saadi, former Governor of the Central Bank, Sinan Al-Shabibi,and Judge Rahim Al-Akili, all of whom accepted their candidacy." I know there are members that don't support Shabibi, but I disagree...he has so much relevant experience. He has been a part of this RV process, and deeply so, for a lonnnnnng time. And I think he's supported a raise in the value, but he didn't have express power to make it happen, or maybe it wasn't the right time... but he could be the one to just jam the bus in forward gear and run through the barricades. I support him as a choice as well. ...The people are going to get what they want, and soon, or there will be a repeat of the last two months. Iraq is in a solid place to RV.
12-22-2019 Newshound Guru Jeff ...Why is it being delayed?...One: What is Trump's 2020 campaign theme? Strong economy. The Dow...is not too far away from 29,000 points...What if the U.S. financial markets were all at an all-time high and that's also when Iraq changed their rate? That would mean we would have very high US financial markets and then roughly billions of dollars just got injected into our economy and that would be approximately 7 to 8 months right before the US elections in November...there's a very strong possibility Trump could have delayed this to have it well positioned within 7 to 8 months of the US elections. That way he looks like an economic king and genius. That's one scenario because ironically it kind of is playing out in that direction right now. The second: Iraq could have needed some time to get themselves positioned...get some of the Iranian influence out of there...they've been passing certain laws...nobody knows exactly but those are two very solid reasons why this may have been delayed...
12-22-2019 Newshound Guru MilitiaMan ...I know it is not over just yet, but, very good collective evidence suggests thus far that end is this year effectively. ...my bet is placed on that it is 100%. Why...? Because...They haven’t denied it this year. In fact, they have confirmed they have orders to complete the monetary reforms and have accepted them. (USA influenced). The CBI accepted back in September 30, 2019 +- those orders. ...the process is underway, has been and is not stopping...So, let’s see what happens...now is a possible go time for us more sooner than later...All of this is I’m my opinion.
12-22-2019 Intel Guru RayRen98 Demonstrations have turned violent in Southern Iraq...protestors set fire to the headquarters of the Shiite party. ...New reports now indicate that the Prime Minister will be announced on Tuesday instead of Sunday. It is being stated that Allawi has 170 votes from the ministers making him likely to be the next Prime Minister. Reportedly, Saleh is naming Allawi as Prime Minister and that he will take office in January of the new year. Time Will Tell All!
12-22-2019 Newshound/Intel Guru Mnt Goat ...the plan is still basically as it has been all along and has not changed. What has changed now is the forced political support for it and that the US and the IMF now support the sign-off process. By the way we do not have to wait 6 months or even a year for the economy to progress or for the private sector to develop as some...keep telling you...
12-22-2019 Newshound Guru Whitelions ...there is no float the CBI has Told us this and the IMF has no control over how Iraq rv it's money they can only advise and they are advising that Iraq revalue to a few cents above where is was when it was taken down.
12-22-2019 Newshound Guru Adam Montana Article: "Al-Khaldi: 170 deputies presented “Muhammad Tawfiq Allawi” as a candidate for prime minister" Allawi's name is coming up a LOT...I'm fine with him. Quote: "the rest of the nominated names are Lieutenant General Abdul-Ghani Al-Saadi, Abdul-Wahab Al-Saadi, former Governor of the Central Bank, Sinan Al-Shabibi,and Judge Rahim Al-Akili, all of whom accepted their candidacy." I know there are members that don't support Shabibi, but I disagree...he has so much relevant experience. He has been a part of this RV process, and deeply so, for a lonnnnnng time. And I think he's supported a raise in the value, but he didn't have express power to make it happen, or maybe it wasn't the right time... but he could be the one to just jam the bus in forward gear and run through the barricades. I support him as a choice as well. ...The people are going to get what they want, and soon, or there will be a repeat of the last two months. Iraq is in a solid place to RV.
12-22-2019 Newshound Guru Jeff ...Why is it being delayed?...One: What is Trump's 2020 campaign theme? Strong economy. The Dow...is not too far away from 29,000 points...What if the U.S. financial markets were all at an all-time high and that's also when Iraq changed their rate? That would mean we would have very high US financial markets and then roughly billions of dollars just got injected into our economy and that would be approximately 7 to 8 months right before the US elections in November...there's a very strong possibility Trump could have delayed this to have it well positioned within 7 to 8 months of the US elections. That way he looks like an economic king and genius. That's one scenario because ironically it kind of is playing out in that direction right now. The second: Iraq could have needed some time to get themselves positioned...get some of the Iranian influence out of there...they've been passing certain laws...nobody knows exactly but those are two very solid reasons why this may have been delayed...
12-22-2019 Newshound Guru MilitiaMan ...I know it is not over just yet, but, very good collective evidence suggests thus far that end is this year effectively. ...my bet is placed on that it is 100%. Why...? Because...They haven’t denied it this year. In fact, they have confirmed they have orders to complete the monetary reforms and have accepted them. (USA influenced). The CBI accepted back in September 30, 2019 +- those orders. ...the process is underway, has been and is not stopping...So, let’s see what happens...now is a possible go time for us more sooner than later...All of this is I’m my opinion.
12-22-2019 Intel Guru RayRen98 Demonstrations have turned violent in Southern Iraq...protestors set fire to the headquarters of the Shiite party. ...New reports now indicate that the Prime Minister will be announced on Tuesday instead of Sunday. It is being stated that Allawi has 170 votes from the ministers making him likely to be the next Prime Minister. Reportedly, Saleh is naming Allawi as Prime Minister and that he will take office in January of the new year. Time Will Tell All!
12-22-2019 Newshound/Intel Guru Mnt Goat ...the plan is still basically as it has been all along and has not changed. What has changed now is the forced political support for it and that the US and the IMF now support the sign-off process. By the way we do not have to wait 6 months or even a year for the economy to progress or for the private sector to develop as some...keep telling you...
12-21-2019 Newshound Guru Jeff ...They're telling us indirectly that they're going to transition to a different fiscal year and start 2020 budget most likely around Q2, which for them would be a new fiscal year ranging from April 1st through March. Why would they transition to a different fiscal year? That's a step they actually have to do when they change the rate...in order to achieve a rate greater than the dollar they have to un-peg the dinar from the dollar and re-peg it to an assortment basket identical to Kuwait. That's why Kuwait on March 24th of '91 changed their rate at the end of March for their budget fiscal year which starts April 1st. As you see Iraq is right now in the process of doing that right before your eyes... [Post 2 of 2]
12-21-2019 Newshound Guru Jeff ...In the past Iraq has always finalized and completed their budgets during Q1 of that budget year and they would just backdate the budget to January 1st...This is one of the first years they're implementing a temporary budget. What the temporary budget tells us is that yes they're following suit as they have in the past. They're approving their 2020 budget in Q1 of 2020 but because they're implementing a temporary budget that tells us they're not backdating the 2020 budget to start January 1st. So what they're saying is they need external funds to cover them through Q1 of 2020 because the 2020 budget is not going to be backdated or starting on January 1st... [Post 1 of 2]
12-21-2019 Newshound/Intel Guru Mnt Goat The key word here is “artificially”. Iraq does not need to do anything more than get rid of the Iranian corruption and form a stable government to allow the CBI to trigger the project to delete the zeros, which we know ultimately leads to the reinstatement. Yes, folks this could literally happen very quickly and is not a 6 months or even years more to drag this out. I will tell you exactly what my CBI contact says and nothing more. NO lies! You have it straight from them now. [post 2 of 2]
12-21-2019 Newshound/Intel Guru Mnt Goat Listen folks Iraq has almost three times more resources and oil than Kuwait as well as agriculture and other precious minerals that Kuwait does not have. Kuwait also does not have a viable “market economy” or even much if any private sector industry...So why is the dinar for Kuwait (Iraq’s next door neighbor) with a rate of around $3.30+ ? So, we know the value in the Iraqi dinar and it is at least the $3.22 prewar rate to reflect it. We must conclude that the rate (to reflect the value) is being artificially stiffened. [post 1 of 2....stay tuned]
12-21-2019 Newshound Guru Jeff Second you have seen a lot of articles that if they were to pay for reconstruction with the current value of the dinar they risk it spiking their inflation. So both reconstruction and trade are post rate change steps...we're waiting on the 2020 budget and it means the rate change is married to the budget because the post rate change items are inside of the budget...based on all those items that does suggest to us that Iraq throughout the entire year of 2019 has been setting the stage for the rate change. [Post 2 of 2...stay tuned]
12-21-2019 Newshound Guru Jeff ...I saw one of the more popular gurus come out and say that there's nothing left for Iraq to do other than just change the rate and that is completely incorrect...if there's nothing left then why the hell am I still waiting? ...what are we still waiting on? How do we know the rate is even going to change? What reveals to us the rate is gonna change? ...Iraq has done more within the year of '19 than they've ever done before...between January through June they were putting together contracts for trade agreements...Iraq cannot pay outside contractors...with the Iraqi dinar until it's internationally recognized. [Post 1 of 2....stay tuned]
12-21-2019 Intel Guru Okie_Oil_Man [via Dinarmama7] GOOD DAY AMERICA, SHIP'S AT SEA AND ALL OUR WORLDWIDE FRIENDS. AFTER AN EXTENDED FLIGHT LASTING NEARLY 17 YEARS I FEEL IT'S TIME TO LAND. I WON'T BE ISSUING ANY GRADUATION DIPLOMA'S AS I ORIGINALLY PLANNED AS IT WON'T BE NECESSARY. …THE NOTIFICATION OF THE COMPLETION OF THIS JOURNEY IS AT HAND AND IS BEING RECEIVED ANY MOMENT. THE PROTOCOLS AND PROCEDURE'S OF THE REDEMPTION AND EXCHANGE HAVE BEEN ALTERED FROM THE ORIGINAL PLAN MAKING IT NECESSARY FOR YOU TO CLOSELY FOLLOW THE DIRECTIONS...WE ARE NOW ENTERING A NEW PHASE IN OUR LIVES AND SHOULD ALWAYS REMEMBER THIS MAY BE A ONCE IN A LIFETIME OPPORTUNITY
12-21-2019 Newshound Guru Adam Montana 4. HCL is in the news. It was ignored for a long time, but now it’s poking it’s head up again, which is exactly what we expect to see before it passes. The highlight of that list is HCL – once it’s passed, the currency will have already risen in value, or be about an hour from it. At that point, it’s done! [post 3 of 3]
12-21-2019 Newshound Guru Jeff ...In the past Iraq has always finalized and completed their budgets during Q1 of that budget year and they would just backdate the budget to January 1st...This is one of the first years they're implementing a temporary budget. What the temporary budget tells us is that yes they're following suit as they have in the past. They're approving their 2020 budget in Q1 of 2020 but because they're implementing a temporary budget that tells us they're not backdating the 2020 budget to start January 1st. So what they're saying is they need external funds to cover them through Q1 of 2020 because the 2020 budget is not going to be backdated or starting on January 1st... [Post 1 of 2]
12-21-2019 Newshound/Intel Guru Mnt Goat The key word here is “artificially”. Iraq does not need to do anything more than get rid of the Iranian corruption and form a stable government to allow the CBI to trigger the project to delete the zeros, which we know ultimately leads to the reinstatement. Yes, folks this could literally happen very quickly and is not a 6 months or even years more to drag this out. I will tell you exactly what my CBI contact says and nothing more. NO lies! You have it straight from them now. [post 2 of 2]
12-21-2019 Newshound/Intel Guru Mnt Goat Listen folks Iraq has almost three times more resources and oil than Kuwait as well as agriculture and other precious minerals that Kuwait does not have. Kuwait also does not have a viable “market economy” or even much if any private sector industry...So why is the dinar for Kuwait (Iraq’s next door neighbor) with a rate of around $3.30+ ? So, we know the value in the Iraqi dinar and it is at least the $3.22 prewar rate to reflect it. We must conclude that the rate (to reflect the value) is being artificially stiffened. [post 1 of 2....stay tuned]
12-21-2019 Newshound Guru Jeff Second you have seen a lot of articles that if they were to pay for reconstruction with the current value of the dinar they risk it spiking their inflation. So both reconstruction and trade are post rate change steps...we're waiting on the 2020 budget and it means the rate change is married to the budget because the post rate change items are inside of the budget...based on all those items that does suggest to us that Iraq throughout the entire year of 2019 has been setting the stage for the rate change. [Post 2 of 2...stay tuned]
12-21-2019 Newshound Guru Jeff ...I saw one of the more popular gurus come out and say that there's nothing left for Iraq to do other than just change the rate and that is completely incorrect...if there's nothing left then why the hell am I still waiting? ...what are we still waiting on? How do we know the rate is even going to change? What reveals to us the rate is gonna change? ...Iraq has done more within the year of '19 than they've ever done before...between January through June they were putting together contracts for trade agreements...Iraq cannot pay outside contractors...with the Iraqi dinar until it's internationally recognized. [Post 1 of 2....stay tuned]
12-21-2019 Intel Guru Okie_Oil_Man [via Dinarmama7] GOOD DAY AMERICA, SHIP'S AT SEA AND ALL OUR WORLDWIDE FRIENDS. AFTER AN EXTENDED FLIGHT LASTING NEARLY 17 YEARS I FEEL IT'S TIME TO LAND. I WON'T BE ISSUING ANY GRADUATION DIPLOMA'S AS I ORIGINALLY PLANNED AS IT WON'T BE NECESSARY. …THE NOTIFICATION OF THE COMPLETION OF THIS JOURNEY IS AT HAND AND IS BEING RECEIVED ANY MOMENT. THE PROTOCOLS AND PROCEDURE'S OF THE REDEMPTION AND EXCHANGE HAVE BEEN ALTERED FROM THE ORIGINAL PLAN MAKING IT NECESSARY FOR YOU TO CLOSELY FOLLOW THE DIRECTIONS...WE ARE NOW ENTERING A NEW PHASE IN OUR LIVES AND SHOULD ALWAYS REMEMBER THIS MAY BE A ONCE IN A LIFETIME OPPORTUNITY
12-21-2019 Newshound Guru Adam Montana 4. HCL is in the news. It was ignored for a long time, but now it’s poking it’s head up again, which is exactly what we expect to see before it passes. The highlight of that list is HCL – once it’s passed, the currency will have already risen in value, or be about an hour from it. At that point, it’s done! [post 3 of 3]
12-20-2019 Newshound Guru Adam Montana 3. The Budget, which is always a big deal, is flying through the system. It’s almost being ignored this time around, which should be a major flag to investors! A major component of it is the KRG deal that was made. The Kurds are paying their portion of the deal with a solid 250,000 barrels of oil, which means they are paying in OIL. (This is a topic of it’s own, and I’ll suffice it to say that it’s a GOOD thing that they are paying in oil!) [post 2 of 3....stay tuned]
12-20-2019 Newshound Guru Adam Montana Here’s what’s actually going on... 1. Iraq has gone through some political and social issues lately. The people have made a huge statement, and the GOI (Government of Iraq) has listened. The Prime Minister has resigned, and changes are happening... now. Today is a major date for a new PM to be appointed, and even if they don’t appoint a new one today, the reins change hands. This is a CATALYST MOMENT. 2. Article 140 (regarding some disputed lands) is in the headlines. This needs to be partially resolved prior to HCL completion, and success is on the horizon. [post 1 of 3....stay tuned]
12-20-2019 Intel Guru Bruce ...I’m excited because President Trump wanted this to go down before Christmas...I believe we will start with our exchanges and possibly we could have a...fantastic weekend...This is what I’ve heard... from several sources...for this to go...by FRIDAY...the 20th...we know that the Dinar rates have been jumping up...I don’t know if the rates are solid yet...but I think this is one weekend that could be the weekend to end all weekends...
12-20-2019 Intel Guru MarkZ [via PDK] We are getting an overwhelming amount of positive stuff today. ...Banking contacts swear it is this weekend. In Iraq they seem to think we will see it the first of the week next week...but not this weekend. They are looking for all their political changes kicking in this weekend. I know that Redemption Center contacts have had all Holiday time canceled. My guys are being told they will have a short day off Christmas Eve and all day off Christmas Day. All I can say is we should all stay alert and close to our computers. ...I love where we are at…but really want to see this before Christmas.
12-20-2019 Newshound Guru Adam Montana ...Have you ever heard of a “red herring” or a “false flag” or “3 card monty” or anything else, like “sleight of hand”? ...MAYBE…Just, maybe… we should be looking at the other hand. Maybe that “other hand” isn’t the Iraqi Dinar, but maybe it is...I’m not saying the impeachment proceedings and the fuss the news has made about it recently are all a big government plot to distract everyone while Iraq ReValues, of course. But I WILL emphatically and without apology state that when the news has you looking one way, there always ALWAYS seems to be something else going on…And if you kept your attention on what the news wanted you to watch, what will you have missed? Maybe something that affects you, and maybe not. Maybe the Dinar ReValues in the next few weeks. Maybe it doesn’t. Maybe you are in the right place, at the right time. Either way, the Iraqi Dinar is in a good place right now...
12-20-2019 Newshound/Intel Guru Mnt Goat So, when can we expect to see the Reinstatement? I am still seeing the same window open until mid January 2020. If we don’t see it by they we are not going to see it for a long time, probably wait until next January 2021. But I fully believe this is not going to be the case again. Why? I am saying there is hope more than the previous years we experienced because now the CBI has the official “go -ahead” from the powers to be. Yes, the US and the IMF have told Iraq that now is the time and so they are moving ahead. We will see the results very soon. Just hang in there for a bit longer.
12-20-2019 Newshound Guru Adam Montana Here’s what’s actually going on... 1. Iraq has gone through some political and social issues lately. The people have made a huge statement, and the GOI (Government of Iraq) has listened. The Prime Minister has resigned, and changes are happening... now. Today is a major date for a new PM to be appointed, and even if they don’t appoint a new one today, the reins change hands. This is a CATALYST MOMENT. 2. Article 140 (regarding some disputed lands) is in the headlines. This needs to be partially resolved prior to HCL completion, and success is on the horizon. [post 1 of 3....stay tuned]
12-20-2019 Intel Guru Bruce ...I’m excited because President Trump wanted this to go down before Christmas...I believe we will start with our exchanges and possibly we could have a...fantastic weekend...This is what I’ve heard... from several sources...for this to go...by FRIDAY...the 20th...we know that the Dinar rates have been jumping up...I don’t know if the rates are solid yet...but I think this is one weekend that could be the weekend to end all weekends...
12-20-2019 Intel Guru MarkZ [via PDK] We are getting an overwhelming amount of positive stuff today. ...Banking contacts swear it is this weekend. In Iraq they seem to think we will see it the first of the week next week...but not this weekend. They are looking for all their political changes kicking in this weekend. I know that Redemption Center contacts have had all Holiday time canceled. My guys are being told they will have a short day off Christmas Eve and all day off Christmas Day. All I can say is we should all stay alert and close to our computers. ...I love where we are at…but really want to see this before Christmas.
12-20-2019 Newshound Guru Adam Montana ...Have you ever heard of a “red herring” or a “false flag” or “3 card monty” or anything else, like “sleight of hand”? ...MAYBE…Just, maybe… we should be looking at the other hand. Maybe that “other hand” isn’t the Iraqi Dinar, but maybe it is...I’m not saying the impeachment proceedings and the fuss the news has made about it recently are all a big government plot to distract everyone while Iraq ReValues, of course. But I WILL emphatically and without apology state that when the news has you looking one way, there always ALWAYS seems to be something else going on…And if you kept your attention on what the news wanted you to watch, what will you have missed? Maybe something that affects you, and maybe not. Maybe the Dinar ReValues in the next few weeks. Maybe it doesn’t. Maybe you are in the right place, at the right time. Either way, the Iraqi Dinar is in a good place right now...
12-20-2019 Newshound/Intel Guru Mnt Goat So, when can we expect to see the Reinstatement? I am still seeing the same window open until mid January 2020. If we don’t see it by they we are not going to see it for a long time, probably wait until next January 2021. But I fully believe this is not going to be the case again. Why? I am saying there is hope more than the previous years we experienced because now the CBI has the official “go -ahead” from the powers to be. Yes, the US and the IMF have told Iraq that now is the time and so they are moving ahead. We will see the results very soon. Just hang in there for a bit longer.
12-19-2019 Intel Guru Footforward Ask yourself this. If the RV was never going to happen, why is Iraq putting out 160 trillion dinar budget out? There is absolutely no way that could be funded without an RV.
12-19-2019 Newshound Guru Jeff Article Sept 6, 2012 "Delete The Zeros Must Be At The Beginning Of A Fiscal Year" ...this is a little bit older article from 2012. It's by Mohammad Saleh. He was the number 2 guy at the Central Bank for many years. According to him the "deletion of the zeros" must coincide with the beginning of a fiscal year...from 2010 to 2012 when Shabibi was the Central Bank Governor he made a statement, 'at the beginning or middle of a fiscal year'. That was stated by Shabibi himself...how do they achieve a rate greater than a dollar? ...they have to unpeg from the dollar and peg to an SDR basket. Will that change their fiscal year? You bet it will!
12-19-2019 Intel Guru MarkZ I am hearing all kinds of great things from the banking side. Treat this all as 100% rumor…but, they are all geared up and ready for things. ...there is a big push for things to start this afternoon. We are watching it closely and this time we just may get it. [post 2 of 2]
12-19-2019 Intel Guru MarkZ Out of Iraq- we can tell by their newspapers that there was a number of important votes. …and more landmark stuff scheduled next Monday and Tuesday. IMO they have set the stage for any moment. They have done more in the last 2 weeks then they have in the last 2 years. ...I believe we will see the RV release before Iraq announces it internationally. Just like what happened with Kuwait. Kuwait announced it to its own people first almost 10 days before they announced it internationally. [post 1 of 2....stay tuned
12-19-2019 Intel Guru Frank26 ...IMO a rate and a date for that budget has been given. IMO it started with the receipt to receive the new small category notes and then they got a schedule with the dates. The dates IMO talked about the monetary reform. They also talked about where the rate will be used. In another place would be the budget...The budget and the reinstatement have been established. Tested. Recalculated. Ready to come...'We've been ordered to lift the 3 zeros and add value to our currency'...
12-19-2019 Newshound Guru Adam Montana Those three items - New Prime Minister, Article 140, and Baghdad and KRG agreeing so peacefully on a number for the Budget, are all GREAT for seeing the HCL move, and that's what we need to open the path for an increase in the exchange rate. Fingers crossed for HCL news, because when that hits the press...it's probably a done deal at that time. We could be a couple weeks out from a huge change. This is all coming together at the same general time, and the combination is exciting. GO HCL. GO RV. GO IRAQ! [post 3 of 3]
12-19-2019 Newshound Guru Adam Montana At this time, we have a Budget that is on track, including full agreement that the KRG will pay their share of the budget with 250,000 barrels of oil. Article 140, related to some disputed territories, is front and center again. This is an issue that won't be completely resolved immediately, but it doesn't need to be. "80% done is done enough" on that matter for us to see the HCL move. [post 2 of 3....stay tuned]
12-19-2019 Newshound Guru Adam Montana This update is one of the most optimistic ones I've had the pleasure of writing in quite some time. We're transitioning into the next scene for Iraq, and it's happening now...When the rioting was in full force, I stated that we were in for a bit of a wait. Turns out it was only a couple months. The next step is to place someone in the Prime Minister position, and that looks like it's going to happen fairly quick. [post 1 of 3....stay tuned]
12-19-2019 Newshound Guru Jeff Article Sept 6, 2012 "Delete The Zeros Must Be At The Beginning Of A Fiscal Year" ...this is a little bit older article from 2012. It's by Mohammad Saleh. He was the number 2 guy at the Central Bank for many years. According to him the "deletion of the zeros" must coincide with the beginning of a fiscal year...from 2010 to 2012 when Shabibi was the Central Bank Governor he made a statement, 'at the beginning or middle of a fiscal year'. That was stated by Shabibi himself...how do they achieve a rate greater than a dollar? ...they have to unpeg from the dollar and peg to an SDR basket. Will that change their fiscal year? You bet it will!
12-19-2019 Intel Guru MarkZ I am hearing all kinds of great things from the banking side. Treat this all as 100% rumor…but, they are all geared up and ready for things. ...there is a big push for things to start this afternoon. We are watching it closely and this time we just may get it. [post 2 of 2]
12-19-2019 Intel Guru MarkZ Out of Iraq- we can tell by their newspapers that there was a number of important votes. …and more landmark stuff scheduled next Monday and Tuesday. IMO they have set the stage for any moment. They have done more in the last 2 weeks then they have in the last 2 years. ...I believe we will see the RV release before Iraq announces it internationally. Just like what happened with Kuwait. Kuwait announced it to its own people first almost 10 days before they announced it internationally. [post 1 of 2....stay tuned
12-19-2019 Intel Guru Frank26 ...IMO a rate and a date for that budget has been given. IMO it started with the receipt to receive the new small category notes and then they got a schedule with the dates. The dates IMO talked about the monetary reform. They also talked about where the rate will be used. In another place would be the budget...The budget and the reinstatement have been established. Tested. Recalculated. Ready to come...'We've been ordered to lift the 3 zeros and add value to our currency'...
12-19-2019 Newshound Guru Adam Montana Those three items - New Prime Minister, Article 140, and Baghdad and KRG agreeing so peacefully on a number for the Budget, are all GREAT for seeing the HCL move, and that's what we need to open the path for an increase in the exchange rate. Fingers crossed for HCL news, because when that hits the press...it's probably a done deal at that time. We could be a couple weeks out from a huge change. This is all coming together at the same general time, and the combination is exciting. GO HCL. GO RV. GO IRAQ! [post 3 of 3]
12-19-2019 Newshound Guru Adam Montana At this time, we have a Budget that is on track, including full agreement that the KRG will pay their share of the budget with 250,000 barrels of oil. Article 140, related to some disputed territories, is front and center again. This is an issue that won't be completely resolved immediately, but it doesn't need to be. "80% done is done enough" on that matter for us to see the HCL move. [post 2 of 3....stay tuned]
12-19-2019 Newshound Guru Adam Montana This update is one of the most optimistic ones I've had the pleasure of writing in quite some time. We're transitioning into the next scene for Iraq, and it's happening now...When the rioting was in full force, I stated that we were in for a bit of a wait. Turns out it was only a couple months. The next step is to place someone in the Prime Minister position, and that looks like it's going to happen fairly quick. [post 1 of 3....stay tuned]
12-18-2019 Newshound/Intel Guru Mnt Goat They do not know the international rate exactly but the CBI was told years ago that the fair value of the dinar for international trading could be expected around $3.50+. Remember this is the rate mostly for the US based on the US dollar if you were to exchange the dinar in the US. Other countries will base it off their own currency. Remember this is not talking about the rate in Iraq for everyday rate and use. [post 2 of 2]
12-18-2019 Newshound/Intel Guru Mnt Goat I asked [my CBI source] about a rate and I was told that the in-country rate will be around 83 cents to the dinar. This is nothing new and remains consistent. All you have to do is do the math. Take 1 (US dollar and divide it by the provisional rate (which is now 1200 dinars to the dollar). 1 / 1200 = .00083, then drop the three zeros (as part of deleting the three zeros) and you get .83 or 83 cents. [post 1 of 2....stay tuned]
12-18-2019 Intel Guru Bruce I can tell you things are happening...We get a lot of different information from a lot of different sources...we are at the point where...we should be paying very close attention – I would say not starting tonight maybe but starting tomorrow [Wednesday]...I’ve heard other information not only from the banks but from redemption centers and other individuals that are in the know that are talking about this happening over the next couple of days...Wed or Thurs...I’m bringing to you what I’m getting...I do think they have a deadline they actually want to stay with and I believe it’s going to be sometime this week...
12-18-2019 Newshound Guru Jeff ...Will the rate change at the beginning of the year? ...you have to look at all the layers. What's in the 2020 budget? 90% of the demonstrators demands. If 90% of the demonstrators demands are in the budget - Article 140, HCL, reforms, reconstruction - every one of those items are post rate change. They haven't even started the budget yet. Not even the first reading. And they announced last week that they are going to roll out a temporary month to month budget...they basically just told you more time is needed...
12-18-2019 Intel Guru MarkZ [via PDK] ...paying attention to Iraq. They are supposed to seat a new Prime Minister tomorrow. It’s very festive there…they are excited to be kicking Iran out of their country. On the US side all we have is rumors...I cannot prove or disprove it. It could be factual and we are looking at the release by tomorrow or by the weekend…we just do not know. I am very positive that we are at the end of this...we just do not know what day is the end.
12-18-2019 Newshound/Intel Guru Mnt Goat The timing really depends on a few factors meaning: 1) the passing of the new election law (and review by the US and IMF); 2) who is selected for the new prime minister; 3)the US is also working out a deal with Iran on getting them the hell out of Iraq or else….(military force is an option). So, these three main issues are at a balance and I was told to watch the progress of all three of them closely...WOW! Folks the news could not get any better. Just hang on to your seats, this is going to happen soon. [post 2 of 2]
12-18-2019 Newshound/Intel Guru Mnt Goat So recently...I contacted my CBI source again and asked some important questions. One of the questions was, of course, are they moving ahead again on the “project to delete the zeros”. To my surprise and amazement, I was told “affirmative” and that they now have support to move more aggressively and quicker. Trust me in the midst of all this chaos I was really surprised to hear this wonderful news. This was WOW! news to my ears. I was told the timeframe matched from now until it is done but probably more like in 2019 than in 2020. [post 1 of 2....stay tuned]
12-18-2019 Newshound/Intel Guru Mnt Goat I asked [my CBI source] about a rate and I was told that the in-country rate will be around 83 cents to the dinar. This is nothing new and remains consistent. All you have to do is do the math. Take 1 (US dollar and divide it by the provisional rate (which is now 1200 dinars to the dollar). 1 / 1200 = .00083, then drop the three zeros (as part of deleting the three zeros) and you get .83 or 83 cents. [post 1 of 2....stay tuned]
12-18-2019 Intel Guru Bruce I can tell you things are happening...We get a lot of different information from a lot of different sources...we are at the point where...we should be paying very close attention – I would say not starting tonight maybe but starting tomorrow [Wednesday]...I’ve heard other information not only from the banks but from redemption centers and other individuals that are in the know that are talking about this happening over the next couple of days...Wed or Thurs...I’m bringing to you what I’m getting...I do think they have a deadline they actually want to stay with and I believe it’s going to be sometime this week...
12-18-2019 Newshound Guru Jeff ...Will the rate change at the beginning of the year? ...you have to look at all the layers. What's in the 2020 budget? 90% of the demonstrators demands. If 90% of the demonstrators demands are in the budget - Article 140, HCL, reforms, reconstruction - every one of those items are post rate change. They haven't even started the budget yet. Not even the first reading. And they announced last week that they are going to roll out a temporary month to month budget...they basically just told you more time is needed...
12-18-2019 Intel Guru MarkZ [via PDK] ...paying attention to Iraq. They are supposed to seat a new Prime Minister tomorrow. It’s very festive there…they are excited to be kicking Iran out of their country. On the US side all we have is rumors...I cannot prove or disprove it. It could be factual and we are looking at the release by tomorrow or by the weekend…we just do not know. I am very positive that we are at the end of this...we just do not know what day is the end.
12-18-2019 Newshound/Intel Guru Mnt Goat The timing really depends on a few factors meaning: 1) the passing of the new election law (and review by the US and IMF); 2) who is selected for the new prime minister; 3)the US is also working out a deal with Iran on getting them the hell out of Iraq or else….(military force is an option). So, these three main issues are at a balance and I was told to watch the progress of all three of them closely...WOW! Folks the news could not get any better. Just hang on to your seats, this is going to happen soon. [post 2 of 2]
12-18-2019 Newshound/Intel Guru Mnt Goat So recently...I contacted my CBI source again and asked some important questions. One of the questions was, of course, are they moving ahead again on the “project to delete the zeros”. To my surprise and amazement, I was told “affirmative” and that they now have support to move more aggressively and quicker. Trust me in the midst of all this chaos I was really surprised to hear this wonderful news. This was WOW! news to my ears. I was told the timeframe matched from now until it is done but probably more like in 2019 than in 2020. [post 1 of 2....stay tuned]
12-17-2019 Newshound Guru Kaperoni Until the new Prime Minister is chosen and subsequent cabinet, parliament also seems to use this an an opportunity to do nothing. Nothing is going to happen regarding economic reforms. This setback could cause 6 months or long delays in launching the public/private partnership budget for 2020.
12-17-2019 Intel Guru MarkZ [How long will they give us to exchange once we can make appointments?] I have heard they expect 95% of redemptions done in the first 10 days...but I am told they will give up to 30 days for everyone to get done. I do not think anyone will wait for the last minute…
12-17-2019 Newshound/Intel Guru Mnt Goat WOW! Things are moving very fast with the pressure from the demonstrators. ...Can Iraq expel Iran with the help of the US? Tehran has offered to exit from Iraq in exchange for lifting the blockade and abandoning the overthrow of the regime. ...So they admit to trying to overthrow the Iraq government. Next will they actually withdraw and the US accept the terms? This could be HUGE, HUGE and HUGE!
12-17-2019 Intel Guru MarkZ [via PDK] A lot of good things out there today. A lot of articles...The rumor is Trump took himself out of it so that the RV can move forward regardless of the stuff affecting him… If the rumor is indeed true It’s a good thing…but again I can not prove it one way of another. We are so stinkin close guys….it’s just painful…you can see it in the news, we see it in the Central Banks...there is definently a lot of chatter from the banking area…I am hearing this is our week…everything is in place…that we should see this no later than Thursday…There are a lot of things pointing to it happening right about NOW.
12-17-2019 Intel Guru Delta Translation: "General Manager of the Financial Operation of the Central Bank of Iraq Interview" - the 25,000 Dinar is gonna become a 25 dinar but not how you think. It's not a LOP...the goal behind that is to fix the accounting...basically the payment system...if you have a 25,000 dinar note you're still going to get 25,000 dinar lower denominations...the CBI is confirming to everybody they are moving forward...when you lift the 3 zeros every 100 dollar is going to be 120 dinars. So that's about 85 cents. The guy {Interviewer] asked does the CBI have the infrastructure ready for this process and this guy [General Manager] said yes everything is ready for this project to move forward...
12-17-2019 Newshound/Intel Guru David M. Witty Iraqi source: political blocs will agree on name of new PM by Thursday. Outgoing Iraqi PM Abdel-Mahdi tells President Salih Thursday is the last day of the caretaker government.
12-17-2019 Intel Guru MarkZ [How long will they give us to exchange once we can make appointments?] I have heard they expect 95% of redemptions done in the first 10 days...but I am told they will give up to 30 days for everyone to get done. I do not think anyone will wait for the last minute…
12-17-2019 Newshound/Intel Guru Mnt Goat WOW! Things are moving very fast with the pressure from the demonstrators. ...Can Iraq expel Iran with the help of the US? Tehran has offered to exit from Iraq in exchange for lifting the blockade and abandoning the overthrow of the regime. ...So they admit to trying to overthrow the Iraq government. Next will they actually withdraw and the US accept the terms? This could be HUGE, HUGE and HUGE!
12-17-2019 Intel Guru MarkZ [via PDK] A lot of good things out there today. A lot of articles...The rumor is Trump took himself out of it so that the RV can move forward regardless of the stuff affecting him… If the rumor is indeed true It’s a good thing…but again I can not prove it one way of another. We are so stinkin close guys….it’s just painful…you can see it in the news, we see it in the Central Banks...there is definently a lot of chatter from the banking area…I am hearing this is our week…everything is in place…that we should see this no later than Thursday…There are a lot of things pointing to it happening right about NOW.
12-17-2019 Intel Guru Delta Translation: "General Manager of the Financial Operation of the Central Bank of Iraq Interview" - the 25,000 Dinar is gonna become a 25 dinar but not how you think. It's not a LOP...the goal behind that is to fix the accounting...basically the payment system...if you have a 25,000 dinar note you're still going to get 25,000 dinar lower denominations...the CBI is confirming to everybody they are moving forward...when you lift the 3 zeros every 100 dollar is going to be 120 dinars. So that's about 85 cents. The guy {Interviewer] asked does the CBI have the infrastructure ready for this process and this guy [General Manager] said yes everything is ready for this project to move forward...
12-17-2019 Newshound/Intel Guru David M. Witty Iraqi source: political blocs will agree on name of new PM by Thursday. Outgoing Iraqi PM Abdel-Mahdi tells President Salih Thursday is the last day of the caretaker government.
12-16-2019 Newshound Guru Bloodloch Use your heads, folks. Once "it" happens, and before you go to a BANK to exchange, meet with a Certified Public Accountant and an Attorney at Law, and maybe even a Certified Financial Planner...This is not a lawsuit to recover funds, but just a simple exchange with some savvy tax and estate planning thrown in. Be honest and let them know what your goals are for yourself, your family and the future. Let them walk you through the procedures for windfall-income tax planning and then HEED their advice, to the letter. Remember, they'll want to do a good job for you so they can keep your business and represent you, do your annual taxes, offer future advisory services, etc. Do this and you should be just fine. [Post 2 of 2] [NOTE: Speak with your tax and financial advisors at the appropriate time.]
12-16-2019 Newshound Guru Bloodloch Just to reiterate what's been said before: We should not need an 800 number, or a "secure website", or anything of that nature in order to exchange our dinars for dollars or other home-nation currencies once they become tradable and possess an exchange value that is attractive to holders. [We should not need to] Call an 800 number that is not a known bank and chances are extremely high you are talking to a thief and making appointments with nicely-dressed, smooth-talking, professional thieves. [We should not need to] Input your information on some so-called secure website and you have placed your personal data at high risk and likely on the computer screens of thieves once again. [Post 1 of 2...stay tuned] [NOTE: Speak with your tax and financial advisors at the appropriate time.]
12-16-2019 Intel Guru Frank26 ...It's not the Prime Minister who opens a new budget. It's the Minister of Finance who opens it and declares it to the country...not all of the GOI resigned and ran away in fear of being arrested...a good majority who were decent are still there...the Minister of Finance that is in this government that did not resign he has the authority to open the budget...
12-16-2019 Intel Guru MarkZ We still seem to be sitting on “go”. There was lots of good chatter and then Saturday night…Boom...it got really quiet. Like someone turned off the news. I had a number of conversations with contacts in Iraq this weekend…They are still extremely positive. Folks in Iraq are still excited…they are still expecting the new rate on Tuesday.
12-16-2019 Newshound Guru Kaperoni ...the IMF councils the CBI what to do. And they told them to float the currency. Never has there been talk of a RV or RI...Here is a direct quote from the IMF to the CBI from 2012 Article IV consultation..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy." That is a float people not a RV or RI! Here is the rest of that quote from the IMF..."Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect,"
12-16-2019 Intel Guru Frank26 Question "...why can't the 2020 budget which is said to be about 155-160 Trillion which is 20% more than 2019 operate at a program rate as well? " I didn't say it couldn't. I just pray it doesn't come out that way...Do you think you're gonna get a 160 trillion out of that budget? Hell no. Last year's budget was 20% less than that. Did they get the whole budget? No. And that's why Iraq has slums and streets filled with torn down buildings. The place needs to be fixed up...if they come out with the 2020 budget at a program rate of 1190 is that the end of world? Of course not...but "daddy" ain't gonna allow that much longer I bet you. I'm leaning toward the fact that the budget will open with the new rate. I'm leaning towards the fact that we'll see the rate before the budget is opened up...
12-16-2019 Newshound Guru MilitiaMan So, if we look at the play book above [posts 1 and 2, 12-15-2019] they sure have been working to keep the CBI on track...So, even if we don't see it in the next 24 - 48 hours we have what [Guru] Delta says iho that we are now 100% going to get paid (effectively, imo) and it looks to be within this year or within a day or two just outside that...I personally, think we have a great shot at any time now, before they open and or close their banks each day moving forward...The evidence supports it from the CBI and the actions that came from the time lines of their actions and the actions of at least the largest lender in the Country of Iraq, being the Iraq Trade Bank. So, we shall see. imo...Peace to all! [post 3 of 3]
12-16-2019 Newshound Guru Bloodloch Just to reiterate what's been said before: We should not need an 800 number, or a "secure website", or anything of that nature in order to exchange our dinars for dollars or other home-nation currencies once they become tradable and possess an exchange value that is attractive to holders. [We should not need to] Call an 800 number that is not a known bank and chances are extremely high you are talking to a thief and making appointments with nicely-dressed, smooth-talking, professional thieves. [We should not need to] Input your information on some so-called secure website and you have placed your personal data at high risk and likely on the computer screens of thieves once again. [Post 1 of 2...stay tuned] [NOTE: Speak with your tax and financial advisors at the appropriate time.]
12-16-2019 Intel Guru Frank26 ...It's not the Prime Minister who opens a new budget. It's the Minister of Finance who opens it and declares it to the country...not all of the GOI resigned and ran away in fear of being arrested...a good majority who were decent are still there...the Minister of Finance that is in this government that did not resign he has the authority to open the budget...
12-16-2019 Intel Guru MarkZ We still seem to be sitting on “go”. There was lots of good chatter and then Saturday night…Boom...it got really quiet. Like someone turned off the news. I had a number of conversations with contacts in Iraq this weekend…They are still extremely positive. Folks in Iraq are still excited…they are still expecting the new rate on Tuesday.
12-16-2019 Newshound Guru Kaperoni ...the IMF councils the CBI what to do. And they told them to float the currency. Never has there been talk of a RV or RI...Here is a direct quote from the IMF to the CBI from 2012 Article IV consultation..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy." That is a float people not a RV or RI! Here is the rest of that quote from the IMF..."Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect,"
12-16-2019 Intel Guru Frank26 Question "...why can't the 2020 budget which is said to be about 155-160 Trillion which is 20% more than 2019 operate at a program rate as well? " I didn't say it couldn't. I just pray it doesn't come out that way...Do you think you're gonna get a 160 trillion out of that budget? Hell no. Last year's budget was 20% less than that. Did they get the whole budget? No. And that's why Iraq has slums and streets filled with torn down buildings. The place needs to be fixed up...if they come out with the 2020 budget at a program rate of 1190 is that the end of world? Of course not...but "daddy" ain't gonna allow that much longer I bet you. I'm leaning toward the fact that the budget will open with the new rate. I'm leaning towards the fact that we'll see the rate before the budget is opened up...
12-16-2019 Newshound Guru MilitiaMan So, if we look at the play book above [posts 1 and 2, 12-15-2019] they sure have been working to keep the CBI on track...So, even if we don't see it in the next 24 - 48 hours we have what [Guru] Delta says iho that we are now 100% going to get paid (effectively, imo) and it looks to be within this year or within a day or two just outside that...I personally, think we have a great shot at any time now, before they open and or close their banks each day moving forward...The evidence supports it from the CBI and the actions that came from the time lines of their actions and the actions of at least the largest lender in the Country of Iraq, being the Iraq Trade Bank. So, we shall see. imo...Peace to all! [post 3 of 3]
12-15-2019 Newshound Guru MilitiaMan We also know that we are watching things about the 2020 budget to be revealed and they told us that last week it would be out and that has not happened yet. It is now slated to possibly be for tomorrow. ...the 2004 - 2017 budgets were sorted and accounted for. That leaves the 2018 and 2019 to be disclosed as needing to be accounted for too, prior to the 2020...So clearly they have a time frame as stated and it looks to be clear to me they want to keep the rate in those budgets quiet until game over...But, also note that the oil and gas, infrastructure and 2020 budget are slated for vote as early as tomorrow, unless otherwise changed... [post 2 of 3....stay tuned]
12-15-2019 Newshound Guru MilitiaMan ...The events of recent past show some fascinating things to note. We have not seen anything from the CBI telling us they have stopped the reform process. In fact the CBI has told us that they are linked with other Central Banks of the world. Noted by their website showing other note specimens...In addition...I found per the CBI that they told the world to be prepared for Contract modifications...Then ...the Iraq Trade Bank came out and suspended loans for the month of December... Then [Guru] Delta's research shows that around 11/27/2019 that Al Taif Islamic Bank / Exchange'r published warnings on their website to be prepared for dollar rate change. That is an additional confirmation to the CBI that the process is under way. [post 1 of 3....stay tuned]
12-15-2019 Newshound Guru Jeff Here's my option on the demonstrations. Yes they're gonna continue. At least right now they're not out of control and they're not tearing the place apart...the government was only able to offer back roughly two items without having the rate change...Money and creating jobs for them. All of their other demands which were additional monies from Article 140, HCL, reforms reconstruction all of those items are contained within the 2020 budget...the 2020 budget is married to the rate change. They can't implement any of those additional items which are demonstrator demands until that rate changes...here's the good news about this...we know that more time is needed to finish setting the stage for the rate change...but they can't wait too long because the demonstrators are going to be so far up their wazoo tearing the place apart that they can't wait 6 to 8 months...so that's good having that lurking in the background...
12-15-2019 Intel Guru Frank26 Question "Can you tell us any other currencies that are about to revalue?" I only study the Iraqi dinar. And the reason why is...the CBI is the only central bank that I know of that has put out the information through the IMF that they are about ready to reinstate their currency by removing zeros from your currency to add value to it and introduce a new category note to match that rate. I don't know of any other central bank saying that to me. If they were, shoot I'd be all over it...
12-15-2019 Newshound Guru Jeff Articles "Iraqi presidencies meet on the completion of the government and the US presence"; "Details of the Peace Palace Meeting" ...here's two of those articles...they're both from February 27 2019. These are the articles that tell you 1. The government was complete. 2. The second one shows you that huge celebration where they all joined together...this is the level of meeting you have when you have completed the government to celebrate...a huge accomplishment of unity...this is the level of meeting you would have shortly before you're preparing to changed that rate. IMO this was them kind of having a 30 day stage preparation before changing that rate...[IMO] they had full intentions of changing the rate possibly over that weekend of March 21st 22nd of this year 19. But it was Donald Trump who stepped in and pulled the plug on that for his own political gains and purposes.
12-15-2019 Newshound Guru Kaperoni If the Central Bank decides to raise the value, it won't be overnight but via a float to counter pressure created by significant investment.
12-15-2019 Newshound Guru MilitiaMan ...The events of recent past show some fascinating things to note. We have not seen anything from the CBI telling us they have stopped the reform process. In fact the CBI has told us that they are linked with other Central Banks of the world. Noted by their website showing other note specimens...In addition...I found per the CBI that they told the world to be prepared for Contract modifications...Then ...the Iraq Trade Bank came out and suspended loans for the month of December... Then [Guru] Delta's research shows that around 11/27/2019 that Al Taif Islamic Bank / Exchange'r published warnings on their website to be prepared for dollar rate change. That is an additional confirmation to the CBI that the process is under way. [post 1 of 3....stay tuned]
12-15-2019 Newshound Guru Jeff Here's my option on the demonstrations. Yes they're gonna continue. At least right now they're not out of control and they're not tearing the place apart...the government was only able to offer back roughly two items without having the rate change...Money and creating jobs for them. All of their other demands which were additional monies from Article 140, HCL, reforms reconstruction all of those items are contained within the 2020 budget...the 2020 budget is married to the rate change. They can't implement any of those additional items which are demonstrator demands until that rate changes...here's the good news about this...we know that more time is needed to finish setting the stage for the rate change...but they can't wait too long because the demonstrators are going to be so far up their wazoo tearing the place apart that they can't wait 6 to 8 months...so that's good having that lurking in the background...
12-15-2019 Intel Guru Frank26 Question "Can you tell us any other currencies that are about to revalue?" I only study the Iraqi dinar. And the reason why is...the CBI is the only central bank that I know of that has put out the information through the IMF that they are about ready to reinstate their currency by removing zeros from your currency to add value to it and introduce a new category note to match that rate. I don't know of any other central bank saying that to me. If they were, shoot I'd be all over it...
12-15-2019 Newshound Guru Jeff Articles "Iraqi presidencies meet on the completion of the government and the US presence"; "Details of the Peace Palace Meeting" ...here's two of those articles...they're both from February 27 2019. These are the articles that tell you 1. The government was complete. 2. The second one shows you that huge celebration where they all joined together...this is the level of meeting you have when you have completed the government to celebrate...a huge accomplishment of unity...this is the level of meeting you would have shortly before you're preparing to changed that rate. IMO this was them kind of having a 30 day stage preparation before changing that rate...[IMO] they had full intentions of changing the rate possibly over that weekend of March 21st 22nd of this year 19. But it was Donald Trump who stepped in and pulled the plug on that for his own political gains and purposes.
12-15-2019 Newshound Guru Kaperoni If the Central Bank decides to raise the value, it won't be overnight but via a float to counter pressure created by significant investment.
12-14-2019 Intel Guru Frank26 ...1 to 1 is not realistic. This is the first time I mention it to anybody...I don't worry about the rate. I don't think a program rate is enough to fulfill the budget. I also now don't think 1 to 1 is enough. Especially with the recalculations...
12-14-2019 Newshound Guru Samson Article: "Parliament holds its session next Monday and the election law is on its agenda"
12-14-2019 Intel/Newshound Gurus Frank26 & Walkingstick ...IMO we know it's a 1 to 1 rate because they told us and we have the articles to prove it. But [Guru] Walkingstick said, 'don't be surprised. They said 1 to 1 but it could be higher.'...
12-14-2019 Intel Guru Delta ...I have 99% belief that we are going to see this from now to the 2nd of January...
12-14-2019 Intel Guru Frank26 ...They're telling you about the 2020 budget and oh my gosh it's huge! There's no way a program rate can do it. No way. Therefore I know a new rate is coming before or after the budget I don't care. I care they have made it crystal clear that a new rate will come to support this gigantic budget. This budget is so big. It is so monstrous that the purchasing power that they have now with the program rate is an impossibility for that rate 1190. Therefor I know a new rate is coming...
12-14-2019 Newshound Guru Samson Article: "Parliament holds its session next Monday and the election law is on its agenda"
12-14-2019 Intel/Newshound Gurus Frank26 & Walkingstick ...IMO we know it's a 1 to 1 rate because they told us and we have the articles to prove it. But [Guru] Walkingstick said, 'don't be surprised. They said 1 to 1 but it could be higher.'...
12-14-2019 Intel Guru Delta ...I have 99% belief that we are going to see this from now to the 2nd of January...
12-14-2019 Intel Guru Frank26 ...They're telling you about the 2020 budget and oh my gosh it's huge! There's no way a program rate can do it. No way. Therefore I know a new rate is coming before or after the budget I don't care. I care they have made it crystal clear that a new rate will come to support this gigantic budget. This budget is so big. It is so monstrous that the purchasing power that they have now with the program rate is an impossibility for that rate 1190. Therefor I know a new rate is coming...
12-13-2019 Intel/Newshound Guru Delta ...I have 99% belief that we are going to see this from now to the 2nd of January... [Based on a TV interview with a member of the Finance Committee in Iraq. Stay tuned for the translation.]
12-13-2019 Newshound Guru Kaperoni ...Nothing is about to happen...Not waiting on an announcement. No redemption centers. No NDA's. Iraq is in a transition to a new Prime Minister, stability is an issue and parliament is recessed due to a disagreement over several laws.
12-13-2019 Intel Guru Bruce ...there have been 2 major telecommunications with between our president Trump/ the bank CEO’s/other people in the 3 letter agencies over the last couple of days – ...to alert the banks to make sure that nothing is in the way to keep this from going – to let this go – do not try to inhibit it do not try to do anything to slow it down or there would be repercussions...letting them know that they were absolutely serious about any more playing with this – to let this go – ...I believe the point was very well taken and I believe it was very well made and believe me – the repercussions were very serious and I think we are at the point of no more negative influence on moving forward with our exchanges / our redemption getting underway...we should have a fantastic maybe best ever Christmas we’ve ever had... [post 2 of 2]
12-13-2019 Intel Guru Bruce [via WiserNow] ...I will say this – we are at a really good place because of the things that have happened in the last few days...the GCR is in effect in place... Now, the next piece is what we’re hearing from various bank sources/redemption center/and other informed sources are looking for this to be a very important weekend for us... So you’ve got a wide open weekend there where anything is possible and maybe – just maybe we do get started on Saturday...Now, we at the redemption centers when we go in, we are going to have the ability to take some cash up to 14,000... [post 1 of 2....stay tuned]
12-13-2019 Intel Guru MarkZ ...Reno, Hong Kong, Zurich and Richmond...are being told there is a huge amount of pressure to have it all rolled out by late Saturday...We seemed to be ramped up and ready to go…My redemption Center contacts have a skeleton crew today…most are on call…but they do expect to work this weekend. Iraq is expecting to see it by Tuesday now… There is a lot of legislation they are getting done by that...I can tell you that we are in “crunch time” because most of the banking world take off 2 weeks in December...So am worried if not done soon it will be pushed off until the new year… I think we are in the “perfect storm” from watching world news…I think that 800 numbers and emails are the next steps.
12-13-2019 Intel Guru Frank26 ...IMO about 10 million people in the United States of America have dinars. IMO I think the president of the United States has dinars. That's a lot of people. It's gonna make quite a difference for the economy of the United States of America. We already have a beautiful amazing Sunday - A banana split and we're about to add a cherry on top of it...
12-13-2019 Newshound/Intel Guru Mnt Goat But many say – Oh – but Iran has all this dinar and they will be wealthy and this will circumvent the US sanctions. Really? ...The Iranians are already making billions over the fraudulent currency auctions. Do you think this really matters? ...The CBI told us there is only a fixed amount of IQD now in circulation. I remember them saying about 74 trillion? This was down from three times that much. Yes, they had to reduce the amount by 2/3 and did so. Who cares who has it? We have some too. So what? This is how reinstatements occur. Some will get rich if they smart enough and willing to invest early when the rate is suppressed. It is now artificially suppressed. So please all you negative nellies out their – calm down! This is all going to work out and we are going to get our money from this investment... [post 2 of 2]
12-13-2019 Newshound/Intel Guru Mnt Goat What [is]... on that first list of demands by the demonstrators? ...Yes, currency reform is on the list (as to do away with the currency auctions)? ...This situation is fluid. But one day very soon this is going to just come out and the OFAC sanctions will be lifted on Iraq. When? I keep listing out the issues that seem now plausible for Iraq to deal with. ...It is now all about getting rid of corruption and Iranian influence in Iraq politics. I truly believe...these two items are blocking the reinstatement and must be accomplished to some degree... [post 1 of 2....stay tuned]
12-13-2019 Newshound Guru Kaperoni ...Nothing is about to happen...Not waiting on an announcement. No redemption centers. No NDA's. Iraq is in a transition to a new Prime Minister, stability is an issue and parliament is recessed due to a disagreement over several laws.
12-13-2019 Intel Guru Bruce ...there have been 2 major telecommunications with between our president Trump/ the bank CEO’s/other people in the 3 letter agencies over the last couple of days – ...to alert the banks to make sure that nothing is in the way to keep this from going – to let this go – do not try to inhibit it do not try to do anything to slow it down or there would be repercussions...letting them know that they were absolutely serious about any more playing with this – to let this go – ...I believe the point was very well taken and I believe it was very well made and believe me – the repercussions were very serious and I think we are at the point of no more negative influence on moving forward with our exchanges / our redemption getting underway...we should have a fantastic maybe best ever Christmas we’ve ever had... [post 2 of 2]
12-13-2019 Intel Guru Bruce [via WiserNow] ...I will say this – we are at a really good place because of the things that have happened in the last few days...the GCR is in effect in place... Now, the next piece is what we’re hearing from various bank sources/redemption center/and other informed sources are looking for this to be a very important weekend for us... So you’ve got a wide open weekend there where anything is possible and maybe – just maybe we do get started on Saturday...Now, we at the redemption centers when we go in, we are going to have the ability to take some cash up to 14,000... [post 1 of 2....stay tuned]
12-13-2019 Intel Guru MarkZ ...Reno, Hong Kong, Zurich and Richmond...are being told there is a huge amount of pressure to have it all rolled out by late Saturday...We seemed to be ramped up and ready to go…My redemption Center contacts have a skeleton crew today…most are on call…but they do expect to work this weekend. Iraq is expecting to see it by Tuesday now… There is a lot of legislation they are getting done by that...I can tell you that we are in “crunch time” because most of the banking world take off 2 weeks in December...So am worried if not done soon it will be pushed off until the new year… I think we are in the “perfect storm” from watching world news…I think that 800 numbers and emails are the next steps.
12-13-2019 Intel Guru Frank26 ...IMO about 10 million people in the United States of America have dinars. IMO I think the president of the United States has dinars. That's a lot of people. It's gonna make quite a difference for the economy of the United States of America. We already have a beautiful amazing Sunday - A banana split and we're about to add a cherry on top of it...
12-13-2019 Newshound/Intel Guru Mnt Goat But many say – Oh – but Iran has all this dinar and they will be wealthy and this will circumvent the US sanctions. Really? ...The Iranians are already making billions over the fraudulent currency auctions. Do you think this really matters? ...The CBI told us there is only a fixed amount of IQD now in circulation. I remember them saying about 74 trillion? This was down from three times that much. Yes, they had to reduce the amount by 2/3 and did so. Who cares who has it? We have some too. So what? This is how reinstatements occur. Some will get rich if they smart enough and willing to invest early when the rate is suppressed. It is now artificially suppressed. So please all you negative nellies out their – calm down! This is all going to work out and we are going to get our money from this investment... [post 2 of 2]
12-13-2019 Newshound/Intel Guru Mnt Goat What [is]... on that first list of demands by the demonstrators? ...Yes, currency reform is on the list (as to do away with the currency auctions)? ...This situation is fluid. But one day very soon this is going to just come out and the OFAC sanctions will be lifted on Iraq. When? I keep listing out the issues that seem now plausible for Iraq to deal with. ...It is now all about getting rid of corruption and Iranian influence in Iraq politics. I truly believe...these two items are blocking the reinstatement and must be accomplished to some degree... [post 1 of 2....stay tuned]
12-12-2019 Newshound/Intel Guru Francis Albert ...Iraq is only "On the hook" essentially for break out of FOREX...say (I predict), .86...Traders buy and sell...that will raise the value...all that money, say up to 3 or 4 dollars, comes from people making an loosing money trading. Iraq is out of the picture at that point...because they are just buying and selling ethereal Dinar that don't and will never exist. [I would love to see 86 cents...wow.] Well, I think you would be making a big mistake to cash out at .86 Just my opinion. I suggest, you tie yourself to your bed, watch FOREX...for a bit...it's not going to go down. [Consult with your financial professional at the appropriate time.]
12-12-2019 Guest Guru BobL I had a very interesting conference call the other day…something I have been involved with for years and is part of the RV/GCR…It’s one of the steps that has to happen in order for it to kick off…It’s been dormant for some time and now all of the sudden there is a lot of activity…I can’t share a ton because I have an NDA….” but I can say that final documentation is being accumulated and sent in the appropriate places dealing with one component in “flipping the switch on the GCR. We are incredibly close…the things being exposed in the public is preparing the world for an asset/gold backed currency ...Most of the problems have been security related...but it is happening...you should all be very hopeful . This is a huge thing with a incredible amount of moving parts and people involved.
12-12-2019 Intel Guru MarkZ Banking chatter has gone through the roof...my folks in Redemption centers are all in place. They had a skeleton crew the last few days but today they are fully staffed. I hear from bankers here on the east coast from Richmond to Raliegh to Reno that they are getting calls to be in place…things are really heating up...There is a whole lot of chatter today after 4 days of “deafening silence”. I talked to 2 contacts in Iraq and they are still positive we will see it before next Tuesday...
12-12-2019 Newshound/Intel Guru RVAlready I think [Article] 140 is smoke and CBI is fast tracking the RV. If the protestors do not see the RV soon, things will get uglier for the government.
12-12-2019 Newshound Guru Jeff I have found something HUGE that no one else has caught on to or noticed. History right now is repeating itself. Article "Parliamentary Finance: Iraq will enter a temporary budget in 2020" Iraq is approving and putting in place a temporary budget...IMO what this temporary budget is gonna do is cover their government operating expenses through Q1. What that does is gives them time to approve the permanent budget that I told you IMO would be implemented Q2...this article right at the end is telling you the reforms are inside the 2020 budget. This is huge...
12-12-2019 Newshound/Intel Guru Mnt Goat Article "CENTRAL BANK HAS BEEN BUYING GOLD IN PREPARATION FOR CURRENCY RISE" Quote: "Iraqi Central Bank bought gold reserves of more than 90 tons. This is a cover for the Iraqi dinar IN ORDER TO ENHANCE ITS STRENGTH IN THE GLOBAL MARKETS." This is one of those WOW! articles. Why are they telling us this now in the midst of all these demonstrations? Is the CBI about to raise the value of the dinar now because, even though they have bought all this gold the rate of the dinar has actually gone down. So, when will the true value be reflected in the rate?
12-12-2019 Guest Guru BobL I had a very interesting conference call the other day…something I have been involved with for years and is part of the RV/GCR…It’s one of the steps that has to happen in order for it to kick off…It’s been dormant for some time and now all of the sudden there is a lot of activity…I can’t share a ton because I have an NDA….” but I can say that final documentation is being accumulated and sent in the appropriate places dealing with one component in “flipping the switch on the GCR. We are incredibly close…the things being exposed in the public is preparing the world for an asset/gold backed currency ...Most of the problems have been security related...but it is happening...you should all be very hopeful . This is a huge thing with a incredible amount of moving parts and people involved.
12-12-2019 Intel Guru MarkZ Banking chatter has gone through the roof...my folks in Redemption centers are all in place. They had a skeleton crew the last few days but today they are fully staffed. I hear from bankers here on the east coast from Richmond to Raliegh to Reno that they are getting calls to be in place…things are really heating up...There is a whole lot of chatter today after 4 days of “deafening silence”. I talked to 2 contacts in Iraq and they are still positive we will see it before next Tuesday...
12-12-2019 Newshound/Intel Guru RVAlready I think [Article] 140 is smoke and CBI is fast tracking the RV. If the protestors do not see the RV soon, things will get uglier for the government.
12-12-2019 Newshound Guru Jeff I have found something HUGE that no one else has caught on to or noticed. History right now is repeating itself. Article "Parliamentary Finance: Iraq will enter a temporary budget in 2020" Iraq is approving and putting in place a temporary budget...IMO what this temporary budget is gonna do is cover their government operating expenses through Q1. What that does is gives them time to approve the permanent budget that I told you IMO would be implemented Q2...this article right at the end is telling you the reforms are inside the 2020 budget. This is huge...
12-12-2019 Newshound/Intel Guru Mnt Goat Article "CENTRAL BANK HAS BEEN BUYING GOLD IN PREPARATION FOR CURRENCY RISE" Quote: "Iraqi Central Bank bought gold reserves of more than 90 tons. This is a cover for the Iraqi dinar IN ORDER TO ENHANCE ITS STRENGTH IN THE GLOBAL MARKETS." This is one of those WOW! articles. Why are they telling us this now in the midst of all these demonstrations? Is the CBI about to raise the value of the dinar now because, even though they have bought all this gold the rate of the dinar has actually gone down. So, when will the true value be reflected in the rate?
12-11-2019 Intel Guru Delta ...BASE ON WHAT CBI TOLD US ON THE INTERVIEW WE ARE WAITING FOR ANNOUNCEMENT NOTHING MORE... IMO.
12-11-2019 Intel Guru Bruce ...do I believe that it’s going down this week? I’ve been told it is – I’ve been told we have a back wall – which I hate that term...because we know the back wall has been moved time and time again...But...I believe it’s Saturday... So, if that is the case, and if everything, quote unquote, is done...I believe we are...and we should be there this week...I feel really good about it occurring this week... I want to be expectant for something good to be happening very soon and hopefully this week... [post 2 of 2]
12-11-2019 Intel Guru Bruce [via WiserNow] ...I know they [redemption centers] are waiting for information from corporate offices...so they can staff redemptions centers as fully as they need to be for the next 8 or so days. Now, when it gets this relatively quiet, we look at it as a good sign – We know that people have been told to shut up...that there are gag orders... there are NDA’s in place – We know that there is clean up ongoing that we know is going on behind the scenes – but we don’t really know the exact nuts and bolts of it all ...sources...are getting....less and less ability to communicate... [post 1 of 2....stay tuned]
12-11-2019 Newshound Guru Adam Montana WTI (oil) at $59 this morning = good. The Kurds already agreed to a portion of the Budget, and they are continuing to make progress on their own responsibilities. Also good. For those coming late to the party, Prime Minister Mahdi is stepping down and is to be replaced. Reading between the lines leads me to believe that a person is chosen, but they are going to wait until the "last possible day" to announce him. This makes sense to me - by releasing the name at the last minute, they will transition into the next phase with less issues. I like it. Things are going well. As long as Steve Harvey isn't chosen to announce the rate, we're going to be just fine! [LOL]
12-11-2019 Intel Guru MarkZ [via PDK] I am hearing there was a big, high-level banking meeting held late last night in the US…dealing with where we are at…and the delays… All they would tell me is it’s very close…just wait a little longer…I am digging and trying to find out more without them violating any NDA’s ... I spoke to 3 people in Iraq… ...there are a number of government changes happening and based on what they see - they are hopeful to see the new rate between now and the first of next week. CBI is continuing to educate people about the monetary reform... I am very encouraged by this…
12-11-2019 Newshound/Intel Guru Mnt Goat ...We know that the HCL is designated to pay out under a uniform rate of close to 1:1 with the US dollar. This is how it was set up. So, the in-country RV only has to be announced now... I have said this before and I will say it again. Don’t worry about the initial rate of the in-country RV that should come out around 83 cents to a buck. This rate will be pushed to FOREX as the initial rate but it will get driven up so quickly to the real nominal value that you will not even have chance to go to the bank before its around $3+ and maybe even climbs to $4+. Am I giving you a rate? Yes, we know about the rate now and we know how they plan to implement this process. This is nothing new. This is as close as anyone will get until the rate is actually shown.
12-11-2019 Intel Guru Frank26 ...They're revealing their plan. The rate of the country's currency ladies and gentlemen against the American dollar is about to change...This is the latest thing the CBI has revealed...
12-11-2019 Newshound Guru Vital Brad ...this is closer than it's ever been since I've been involved. Over 10 years. Things are really happening in Iraq. Things are really moving. There's a lot to be excited about...
12-11-2019 Intel Guru Bruce ...do I believe that it’s going down this week? I’ve been told it is – I’ve been told we have a back wall – which I hate that term...because we know the back wall has been moved time and time again...But...I believe it’s Saturday... So, if that is the case, and if everything, quote unquote, is done...I believe we are...and we should be there this week...I feel really good about it occurring this week... I want to be expectant for something good to be happening very soon and hopefully this week... [post 2 of 2]
12-11-2019 Intel Guru Bruce [via WiserNow] ...I know they [redemption centers] are waiting for information from corporate offices...so they can staff redemptions centers as fully as they need to be for the next 8 or so days. Now, when it gets this relatively quiet, we look at it as a good sign – We know that people have been told to shut up...that there are gag orders... there are NDA’s in place – We know that there is clean up ongoing that we know is going on behind the scenes – but we don’t really know the exact nuts and bolts of it all ...sources...are getting....less and less ability to communicate... [post 1 of 2....stay tuned]
12-11-2019 Newshound Guru Adam Montana WTI (oil) at $59 this morning = good. The Kurds already agreed to a portion of the Budget, and they are continuing to make progress on their own responsibilities. Also good. For those coming late to the party, Prime Minister Mahdi is stepping down and is to be replaced. Reading between the lines leads me to believe that a person is chosen, but they are going to wait until the "last possible day" to announce him. This makes sense to me - by releasing the name at the last minute, they will transition into the next phase with less issues. I like it. Things are going well. As long as Steve Harvey isn't chosen to announce the rate, we're going to be just fine! [LOL]
12-11-2019 Intel Guru MarkZ [via PDK] I am hearing there was a big, high-level banking meeting held late last night in the US…dealing with where we are at…and the delays… All they would tell me is it’s very close…just wait a little longer…I am digging and trying to find out more without them violating any NDA’s ... I spoke to 3 people in Iraq… ...there are a number of government changes happening and based on what they see - they are hopeful to see the new rate between now and the first of next week. CBI is continuing to educate people about the monetary reform... I am very encouraged by this…
12-11-2019 Newshound/Intel Guru Mnt Goat ...We know that the HCL is designated to pay out under a uniform rate of close to 1:1 with the US dollar. This is how it was set up. So, the in-country RV only has to be announced now... I have said this before and I will say it again. Don’t worry about the initial rate of the in-country RV that should come out around 83 cents to a buck. This rate will be pushed to FOREX as the initial rate but it will get driven up so quickly to the real nominal value that you will not even have chance to go to the bank before its around $3+ and maybe even climbs to $4+. Am I giving you a rate? Yes, we know about the rate now and we know how they plan to implement this process. This is nothing new. This is as close as anyone will get until the rate is actually shown.
12-11-2019 Intel Guru Frank26 ...They're revealing their plan. The rate of the country's currency ladies and gentlemen against the American dollar is about to change...This is the latest thing the CBI has revealed...
12-11-2019 Newshound Guru Vital Brad ...this is closer than it's ever been since I've been involved. Over 10 years. Things are really happening in Iraq. Things are really moving. There's a lot to be excited about...
12-10-2019 Intel Guru Delta ...I believe this week or next week we should see an announcement coming up from the Central Bank of Iraq. This is going to be a big thing because the Committee of Financial Operations they're ready...they're lining up everything...
12-10-2019 Intel Guru MarkZ [via PDK] Redemption center folks have been there all week so far. I have connections in 3 different spots and they are hearing little to no news right now. They still have a high level of expectation. ...Is this the quiet before the storm? ...maybe its not a bad thing that we have a lack of news. I did speak with my Iraq contact…no new rate yet but they are in a better mood now…I am still hearing Dinar $3+ to $8 ...with a possible Contract rate of as high as $28.50...I still believe that the Dong will come out at about .47 and maybe float..to low 2's...
12-10-2019 Newshound Guru Jeff Article "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies" ...because Iraq's inflation is a little bit higher they need to delete the zeros...to curb the inflation that will allow them to mint coins. And they will have a higher exchange rate because of the deletion of the zeros to support and sustain and allow for the minting and use of coins...
12-10-2019 Intel & Newshound Gurus Frank26 & Walkingstick ...the currency of Iraq against the American dollar - the exchange rate is about to go up. It's now in print!...why do you think Kurdistan is going ape-kaka! They can't wait to start making money. It's now in print ladies and gentlemen...the value is changing, they said it! ...It stops short of one thing...the pictures and descriptions of the new small category notes...
12-10-2019 Newshound/Intel Guru Mnt Goat So, the US is now in Iraq in force. They are pushing to open these budgets and get these much-needed reforms and projects completed. ...When will this occur? It can’t be too long now since the demonstrators demand these payments [HCL] and now the US too is going to force this to happen. Will the CBI convince the US to let the later reinstatement process go ahead, if they pay out? The US will have to let it go since Iraq will have to issue the smaller of the smaller category notes and this initiates the process to delete the zeros that ultimately leads to the reinstate of the dinar for global trading. ...What we don’t know is the exact timing and so we sit and wait. Again…I tell you we are in a VERY GOOD, unprecedented, never before since 2012-2013, window of opportunity to see this happen. I do not see this window coming and going like the others of the past. I truly believe this may be it... [post 2 of 2]
12-10-2019 Newshound/Intel Guru Mnt Goat ...the main thrust of the demonstrators in Iraq is for the GOI to live up to past promises...to payout on promised HCL (excess oil revenue) payments to the citizens. ...This part of the HCL law was voted on and passed, then promised to the people in the summer of 2018, then again in fall. Then one last news article told us in January 2019. But still no payments have been made. Why? It is because of the corruption in the government. They do not want to open the 2018 budget and now the 2019 budget, as done with other budgets since 2014...they know if they do open the budget it includes many reforms they will be forced to implement and pay for. It has all been a fraud and a scam run by the corrupt Iranian politicians. [post 1 of 2....stay tuned]
12-10-2019 Newshound Guru Jeff News over the weekend told us this week...they are going to try to finish the Electoral Commission Act and submit the 2020 budget to parliament for the first reading...
12-10-2019 Intel Guru MarkZ [via PDK] Redemption center folks have been there all week so far. I have connections in 3 different spots and they are hearing little to no news right now. They still have a high level of expectation. ...Is this the quiet before the storm? ...maybe its not a bad thing that we have a lack of news. I did speak with my Iraq contact…no new rate yet but they are in a better mood now…I am still hearing Dinar $3+ to $8 ...with a possible Contract rate of as high as $28.50...I still believe that the Dong will come out at about .47 and maybe float..to low 2's...
12-10-2019 Newshound Guru Jeff Article "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies" ...because Iraq's inflation is a little bit higher they need to delete the zeros...to curb the inflation that will allow them to mint coins. And they will have a higher exchange rate because of the deletion of the zeros to support and sustain and allow for the minting and use of coins...
12-10-2019 Intel & Newshound Gurus Frank26 & Walkingstick ...the currency of Iraq against the American dollar - the exchange rate is about to go up. It's now in print!...why do you think Kurdistan is going ape-kaka! They can't wait to start making money. It's now in print ladies and gentlemen...the value is changing, they said it! ...It stops short of one thing...the pictures and descriptions of the new small category notes...
12-10-2019 Newshound/Intel Guru Mnt Goat So, the US is now in Iraq in force. They are pushing to open these budgets and get these much-needed reforms and projects completed. ...When will this occur? It can’t be too long now since the demonstrators demand these payments [HCL] and now the US too is going to force this to happen. Will the CBI convince the US to let the later reinstatement process go ahead, if they pay out? The US will have to let it go since Iraq will have to issue the smaller of the smaller category notes and this initiates the process to delete the zeros that ultimately leads to the reinstate of the dinar for global trading. ...What we don’t know is the exact timing and so we sit and wait. Again…I tell you we are in a VERY GOOD, unprecedented, never before since 2012-2013, window of opportunity to see this happen. I do not see this window coming and going like the others of the past. I truly believe this may be it... [post 2 of 2]
12-10-2019 Newshound/Intel Guru Mnt Goat ...the main thrust of the demonstrators in Iraq is for the GOI to live up to past promises...to payout on promised HCL (excess oil revenue) payments to the citizens. ...This part of the HCL law was voted on and passed, then promised to the people in the summer of 2018, then again in fall. Then one last news article told us in January 2019. But still no payments have been made. Why? It is because of the corruption in the government. They do not want to open the 2018 budget and now the 2019 budget, as done with other budgets since 2014...they know if they do open the budget it includes many reforms they will be forced to implement and pay for. It has all been a fraud and a scam run by the corrupt Iranian politicians. [post 1 of 2....stay tuned]
12-10-2019 Newshound Guru Jeff News over the weekend told us this week...they are going to try to finish the Electoral Commission Act and submit the 2020 budget to parliament for the first reading...
12-9-2019 Intel Guru MarkZ [via PDK] [Have you heard anything new about taxes?] I still hear that this will not be a taxable event. But, things do change and I will be setting aside 30-40% …just in case. Be sure to seek professional help when this goes.
12-9-2019 Newshound Guru Kaperoni The only way we're going to see an increase in the value of the dinar is to see laws passed to support a private sector and significant investment in the rebuilding of Iraq. Only then will we see the dinar begin to rise.
12-9-2019 Newshound Guru Jeff Article "Political blocs reach a final decision to choose a candidate to head the Iraqi government" From what we learned over the weekend. Mahdi and his cabinet will stay in place until the end of December. Now the news is telling us the political blocks have reached an agreement on a new PM candidate. That's great news. So what the the news is showing us is there most likely will not be a lapse in the PM. It will just be out with the old in with the new. Just a seamless transition from old PM to new PM. And that's great news for us.
12-9-2019 Intel Guru MarkZ [via PDK] I still continue to feel good and really feel this is our week. It was a quiet weekend…I think we all have the Monday News Blues when not much has happened yet. [What's going on in Iraq?] I have heard nothing from Iraq since Saturday Morning when there was not a new rate in the Gazette. [Okie (Guru Okie_Oil_Man) would say let's get gear down, and three green, flaps 45 degrees, and land this thing.] It is time to land that Jet for sure…landing gear down. ...There could not be a more perfect time in history to see a Global Currency Reset...
12-9-2019 Newshound/Intel Guru RVAlready ...the CBI is getting the RV released, the UN knows it is a priority, and nothing else will have any effect in delaying the RV...Protestors are demanding the RV. It is not going to be delayed for anything else.
12-9-2019 Intel Guru Frank26 Question "Do you think the IQD will peak about $4.26 after 6 to 7 months?" IMO I don't think it will be a managed float. I think it will be a float. Because of the potential of the country of Iraq and because the United States of America is protecting it with its force field of our might [and] of our armed forces. You can't touch Iraq. Nobody can. They all know it...6 to 7 months? No. I see it happening a lot faster...I do see it coming out at $1 internally and then leaving the borders at just over $1 and not within 6 or 7 months. Not even 6 or 7 weeks. Because of the potential of this country...the logarithmic potential of Iraq financial future that is going to touch so many other countries, many different ways. My God it's full of stars...You gotta know when to hold them and when to fold them. And I'm not here to do that for you... [Consult your financial professionals at the appropriate time.]
12-9-2019 Newshound Guru Kaperoni The only way we're going to see an increase in the value of the dinar is to see laws passed to support a private sector and significant investment in the rebuilding of Iraq. Only then will we see the dinar begin to rise.
12-9-2019 Newshound Guru Jeff Article "Political blocs reach a final decision to choose a candidate to head the Iraqi government" From what we learned over the weekend. Mahdi and his cabinet will stay in place until the end of December. Now the news is telling us the political blocks have reached an agreement on a new PM candidate. That's great news. So what the the news is showing us is there most likely will not be a lapse in the PM. It will just be out with the old in with the new. Just a seamless transition from old PM to new PM. And that's great news for us.
12-9-2019 Intel Guru MarkZ [via PDK] I still continue to feel good and really feel this is our week. It was a quiet weekend…I think we all have the Monday News Blues when not much has happened yet. [What's going on in Iraq?] I have heard nothing from Iraq since Saturday Morning when there was not a new rate in the Gazette. [Okie (Guru Okie_Oil_Man) would say let's get gear down, and three green, flaps 45 degrees, and land this thing.] It is time to land that Jet for sure…landing gear down. ...There could not be a more perfect time in history to see a Global Currency Reset...
12-9-2019 Newshound/Intel Guru RVAlready ...the CBI is getting the RV released, the UN knows it is a priority, and nothing else will have any effect in delaying the RV...Protestors are demanding the RV. It is not going to be delayed for anything else.
12-9-2019 Intel Guru Frank26 Question "Do you think the IQD will peak about $4.26 after 6 to 7 months?" IMO I don't think it will be a managed float. I think it will be a float. Because of the potential of the country of Iraq and because the United States of America is protecting it with its force field of our might [and] of our armed forces. You can't touch Iraq. Nobody can. They all know it...6 to 7 months? No. I see it happening a lot faster...I do see it coming out at $1 internally and then leaving the borders at just over $1 and not within 6 or 7 months. Not even 6 or 7 weeks. Because of the potential of this country...the logarithmic potential of Iraq financial future that is going to touch so many other countries, many different ways. My God it's full of stars...You gotta know when to hold them and when to fold them. And I'm not here to do that for you... [Consult your financial professionals at the appropriate time.]
12-8-2019 Intel Guru Delta AN INTERVIEW TOOK PLACE ON 09/30/19...I JUST GOT IT...WITH GENERAL DIRECTOR OF FINANCIAL OPERATION DEPARTMENT OF THE CBI...Mahmoud Mohamed Dagher. THIS DEPARTMENT JOB IS...implementing the monetary policy of the Central Bank of Iraq. HE SAID THAT THEY LAUNCHED THE PROCESS OF LIFTING ZEROS AND NEW LDS ON SEPT...AND MUCH MORE...
12-8-2019 Intel Guru Frank26 Question "Do we wait past the first rush of the rate change?" That's your business...if you want to go for that sucker bet go ahead. Everybody has been waiting an eternity to exchange their dinar for capital gains. If the CBI offers you 1 dollar what are you going to say? ...it is the individual that reaches down in the river and cups the water in his hands and brings it to his mouth and drinks...that will be successful. Not the one who just falls in the river...not aware of the dangers around him...If you're a student I think you know what to do... [Remember to always consult your financial professionals at the appropriate time.]
12-8-2019 Newshound Guru MilitiaMan Article: "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies...19th August, 2019" This is a friendly reminder to all who still think that there is any question, as to they are going to raise the value of their currency. Central Bank and Parliaments words not mine. They clearly mention coins and small category notes in support of them doing so...
12-8-2019 Intel Guru Frank26 ...it occurred 9:30am EST today [yesterday]. The CBI website shutdown. Which was 5:30PM Baghdad time...the website is for communicating, teaching and describing everything the CBI is doing right now. What are they doing right now? A monetary reform of their currency. The thing I found interesting that occurred: It was a Saturday into a Sunday. They were shut down for a long time...7 hours...I had never seen it shut down for this long before...IMO the CBI is doing maintenance on their website...I believe they're doing something in relationship to their monetary reform...what you saw today was not a mistake. It was so loud it screamed across all of our teams...we're looking for anything new after the date that VP Mike Pence arrived in Iraq...
12-8-2019 Newshound/Intel Guru Mnt Goat The currency auctions breed corruption and is one of the many sources of massive corruption of all this oil money and wealth of Iraq. Many skeptics still say that there is going to be a lop ...this could not possibly be a lop and why this is the basis for us making millions if not billions off this as a long-term investment. ...Don’t buy into this investment if you are wimp and can’t stand the pain of the constant stream of good news then bad news from the Central Bank of Iraq. Since my initial investment in the dinar in 2006 I have learned so much. I would not still be here if I did not have total faith that someday this currency will revalue by having the OFAC sanctions lifted.
12-8-2019 Intel Guru Frank26 Question "Do we wait past the first rush of the rate change?" That's your business...if you want to go for that sucker bet go ahead. Everybody has been waiting an eternity to exchange their dinar for capital gains. If the CBI offers you 1 dollar what are you going to say? ...it is the individual that reaches down in the river and cups the water in his hands and brings it to his mouth and drinks...that will be successful. Not the one who just falls in the river...not aware of the dangers around him...If you're a student I think you know what to do... [Remember to always consult your financial professionals at the appropriate time.]
12-8-2019 Newshound Guru MilitiaMan Article: "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies...19th August, 2019" This is a friendly reminder to all who still think that there is any question, as to they are going to raise the value of their currency. Central Bank and Parliaments words not mine. They clearly mention coins and small category notes in support of them doing so...
12-8-2019 Intel Guru Frank26 ...it occurred 9:30am EST today [yesterday]. The CBI website shutdown. Which was 5:30PM Baghdad time...the website is for communicating, teaching and describing everything the CBI is doing right now. What are they doing right now? A monetary reform of their currency. The thing I found interesting that occurred: It was a Saturday into a Sunday. They were shut down for a long time...7 hours...I had never seen it shut down for this long before...IMO the CBI is doing maintenance on their website...I believe they're doing something in relationship to their monetary reform...what you saw today was not a mistake. It was so loud it screamed across all of our teams...we're looking for anything new after the date that VP Mike Pence arrived in Iraq...
12-8-2019 Newshound/Intel Guru Mnt Goat The currency auctions breed corruption and is one of the many sources of massive corruption of all this oil money and wealth of Iraq. Many skeptics still say that there is going to be a lop ...this could not possibly be a lop and why this is the basis for us making millions if not billions off this as a long-term investment. ...Don’t buy into this investment if you are wimp and can’t stand the pain of the constant stream of good news then bad news from the Central Bank of Iraq. Since my initial investment in the dinar in 2006 I have learned so much. I would not still be here if I did not have total faith that someday this currency will revalue by having the OFAC sanctions lifted.
12-7-2019 Newshound/Intel Guru Mnt Goat Article: "October 3, 2012 MIDEAST MONEY" ...Is the Iraqi dinar legitimate currency of [or?] just exotic collectors item? We know from this article from 2012 that the dinar is in FACT a real currency and is being used inside Iraq as their currency right now. But in 2004, upon its inception, it was not meant to be a permanent currency. ...there were many reasons for issuing it. Are these reasons now still legitimate reasons. NO! These reasons are no longer valid and these large 3 zero notes have outlived their usefulness. In fact they are long due to be replaced with normal denominations.
12-7-2019 Newshound Guru Jeff Article "Trump envoy visits Baghdad and Erbil" ...as you know the Trump administration is in charge. The U.S. is the only group or entity that pours trillions of dollars into Iraq without writing loans...the only time the IMF or World Bank ever gave money to Iraq was in the form of a loan. In the past many gurus have come out and said that 'oh the IMF or the World Bank gave the green light.' Guess what? They're not in charge. Trump is in charge of the timing. It's that simple. That's why recently Pence was there. Now there's another Trump envoy there...
12-7-2019 Intel Guru Bruce Now, there has been some chatter out there online about 800 numbers or NO 800 numbers – I’m telling you I am getting direct from redemption centers – from banks – from people who are high, high up, saying “yes” I will get a toll free number to give you guys -- and so will 2 other people in the community that I am aware of that will get these to put out...So I am going to say “yes” we are going to get them and “yes” they’re still valid and let’s just watch this whole thing unfold in that regard...
12-7-2019 Newshound/Intel Guru Mnt Goat Article: "October 3, 2012 MIDEAST MONEY" Quote: "IN THE LONG TERM, THE CENTRAL BANK AIMS TO MAKE 1 DINAR EQUAL TO $1 with a combination of redenomination and appreciation, ALTHOUGH THAT WILL TAKE OVER THREE YEARS BECAUSE OF INSTABILITY in the Middle East" (please note date of article...is from 2012) I want everyone to know that I am not advising you to invest or not to invest in the Iraqi dinar. I am only presenting an article with my opinion based on what they are telling us from Iraq. It’s 2019 and the dinar is still NOT freely traded by banks outside IRAQ. It has been over 3 years already [more like 7 years] and still no RV. Is it time for this to happen. ...I feel these demonstrations may be the key to forcing this change finally to happen. It is not a matter of having the value to support $1.00 or even $3.00. It is instead a matter of ending the corruption and getting the political will to just do it.
12-7-2019 Intel Guru Frank26 The CBI [representative Iraqi bank] came out and not only did they put it on their website but they put it out on social media...'the American dollar rate might change.'...all of this is coming together...
12-7-2019 Intel Guru MarkZ [via PDK] [We were once told to have separate appointments for each currency …is that still true or does it matter anymore?] I heard it doesn't matter anymore...I hear they want you to do it all at once
12-7-2019 Newshound Guru Jeff Article "Trump envoy visits Baghdad and Erbil" ...as you know the Trump administration is in charge. The U.S. is the only group or entity that pours trillions of dollars into Iraq without writing loans...the only time the IMF or World Bank ever gave money to Iraq was in the form of a loan. In the past many gurus have come out and said that 'oh the IMF or the World Bank gave the green light.' Guess what? They're not in charge. Trump is in charge of the timing. It's that simple. That's why recently Pence was there. Now there's another Trump envoy there...
12-7-2019 Intel Guru Bruce Now, there has been some chatter out there online about 800 numbers or NO 800 numbers – I’m telling you I am getting direct from redemption centers – from banks – from people who are high, high up, saying “yes” I will get a toll free number to give you guys -- and so will 2 other people in the community that I am aware of that will get these to put out...So I am going to say “yes” we are going to get them and “yes” they’re still valid and let’s just watch this whole thing unfold in that regard...
12-7-2019 Newshound/Intel Guru Mnt Goat Article: "October 3, 2012 MIDEAST MONEY" Quote: "IN THE LONG TERM, THE CENTRAL BANK AIMS TO MAKE 1 DINAR EQUAL TO $1 with a combination of redenomination and appreciation, ALTHOUGH THAT WILL TAKE OVER THREE YEARS BECAUSE OF INSTABILITY in the Middle East" (please note date of article...is from 2012) I want everyone to know that I am not advising you to invest or not to invest in the Iraqi dinar. I am only presenting an article with my opinion based on what they are telling us from Iraq. It’s 2019 and the dinar is still NOT freely traded by banks outside IRAQ. It has been over 3 years already [more like 7 years] and still no RV. Is it time for this to happen. ...I feel these demonstrations may be the key to forcing this change finally to happen. It is not a matter of having the value to support $1.00 or even $3.00. It is instead a matter of ending the corruption and getting the political will to just do it.
12-7-2019 Intel Guru Frank26 The CBI [representative Iraqi bank] came out and not only did they put it on their website but they put it out on social media...'the American dollar rate might change.'...all of this is coming together...
12-7-2019 Intel Guru MarkZ [via PDK] [We were once told to have separate appointments for each currency …is that still true or does it matter anymore?] I heard it doesn't matter anymore...I hear they want you to do it all at once
12-6-2019 Intel Guru Delta ...Bank in Iraq...they had a statement that was very interesting, "The U.S. dollar rates may change." That was very strange...November 29 they started putting that small memo there...this is the first time I've seen something like that...this is huge...
12-6-2019 Intel Guru Michael Cottrell ...this thing is about to drop. Yes, we are very close given the information and activities that have happened since I sent that package to President Trump. [Do you still see this as a GCR and everything going at the same time?] Yes I do...It’s common sense the way this is going to happen...without it all happening at once and it would be a mess.
12-6-2019 Intel Guru Bruce [via WiserNow] ...27 event triggers are all but complete...There’s one that we believe is left and that we believe is the release of the toll free numbers...we are the internet group...we’re the only ones who have “privately” negotiable rates...meaning we have some flexibility on the rates...and that is why our group tier 4B will be the last to go because they have new rates...that have populated on the screens tonight for us that are very, very strong to start whenever it is that we are to start...So…we have new rates that have shown up on the screens that are solid that are there – We have a new procedure that is in place for us with this finger printing – We have expectations to get this party started here pretty soon...
12-6-2019 Newshound/Intel Guru Mnt Goat ...You may not hear anything about this in the news but they are about to payout on HCL money to the people. This will be a consistent stream of money to the people. This is mandated by the new Iraqi constitution. This is going to be interesting. The rate to be paid out to the people must be around 1:1 close to par with the US dollar. So will they change the rate also and complete the project to delete the zeros?
12-6-2019 Intel Guru MarkZ [via PDK] I talked to 2 Iraqi contacts and they are expecting and very hopeful to see the new rates in tomorrows gazette. On the flip side of that, which may or may not be related…supposedly we are positioning 14,000 troops throughout Iraq and the middle east…because of Iran. Could this be a cover? The reason to have troops there for the roll out of the RV? I certainly hope so. We are all ready to have this done...
12-6-2019 Newshound Guru MilitiaMan Article: "Diyala clans stage demonstrations in support of the peaceful center of Baquba" The calm on the streets has a great feel today. The recent actions of the suspension of loans is powerful. All loans and many contracts have to deal with payments. Think about it. Every car loan, house loan, private loan, commercial and even industrial loans have to be adjusted accordingly when a rate is expected to change...So, when they say all banks are involved that means they are ready now. Banks are closed in Baghdad long time ago now. They have said they were having a Parliament session tonight in regard to the budget... So, I feel good that this one killer window! imo.
12-6-2019 Guest Intel Guru Angel1 ...my teams are on high alert...because of the speed of this thing. Because the speed in which this is happening.
12-6-2019 Newshound Guru Kaperoni ...I assure you, nothing good is coming as a result of the Iraqi protests. These protests in Iraq are nothing more than citizen frustration over a lack of progress the past 10 years. It's going to take more than protests to fix the problems in Iraq.The political class in Iraq is embedded in corruption. They will not give up without a fight. Disclosure of assets, income and prosecution of the crooked must happen to fix this mess.
12-6-2019 Intel Guru Michael Cottrell ...this thing is about to drop. Yes, we are very close given the information and activities that have happened since I sent that package to President Trump. [Do you still see this as a GCR and everything going at the same time?] Yes I do...It’s common sense the way this is going to happen...without it all happening at once and it would be a mess.
12-6-2019 Intel Guru Bruce [via WiserNow] ...27 event triggers are all but complete...There’s one that we believe is left and that we believe is the release of the toll free numbers...we are the internet group...we’re the only ones who have “privately” negotiable rates...meaning we have some flexibility on the rates...and that is why our group tier 4B will be the last to go because they have new rates...that have populated on the screens tonight for us that are very, very strong to start whenever it is that we are to start...So…we have new rates that have shown up on the screens that are solid that are there – We have a new procedure that is in place for us with this finger printing – We have expectations to get this party started here pretty soon...
12-6-2019 Newshound/Intel Guru Mnt Goat ...You may not hear anything about this in the news but they are about to payout on HCL money to the people. This will be a consistent stream of money to the people. This is mandated by the new Iraqi constitution. This is going to be interesting. The rate to be paid out to the people must be around 1:1 close to par with the US dollar. So will they change the rate also and complete the project to delete the zeros?
12-6-2019 Intel Guru MarkZ [via PDK] I talked to 2 Iraqi contacts and they are expecting and very hopeful to see the new rates in tomorrows gazette. On the flip side of that, which may or may not be related…supposedly we are positioning 14,000 troops throughout Iraq and the middle east…because of Iran. Could this be a cover? The reason to have troops there for the roll out of the RV? I certainly hope so. We are all ready to have this done...
12-6-2019 Newshound Guru MilitiaMan Article: "Diyala clans stage demonstrations in support of the peaceful center of Baquba" The calm on the streets has a great feel today. The recent actions of the suspension of loans is powerful. All loans and many contracts have to deal with payments. Think about it. Every car loan, house loan, private loan, commercial and even industrial loans have to be adjusted accordingly when a rate is expected to change...So, when they say all banks are involved that means they are ready now. Banks are closed in Baghdad long time ago now. They have said they were having a Parliament session tonight in regard to the budget... So, I feel good that this one killer window! imo.
12-6-2019 Guest Intel Guru Angel1 ...my teams are on high alert...because of the speed of this thing. Because the speed in which this is happening.
12-6-2019 Newshound Guru Kaperoni ...I assure you, nothing good is coming as a result of the Iraqi protests. These protests in Iraq are nothing more than citizen frustration over a lack of progress the past 10 years. It's going to take more than protests to fix the problems in Iraq.The political class in Iraq is embedded in corruption. They will not give up without a fight. Disclosure of assets, income and prosecution of the crooked must happen to fix this mess.
12-5-2019 Newshound Guru MilitiaMan The consistency of the talk of loans, debt, payments, salaries, etc., cannot get lost on the timing of all these things that are converging. They clearly are in push mode to jump start the market economy by having an irregular session. This convergence should have everyone feeling real good about now! imo All banks are set and on board we understand to adjust payments (accounting), salaries, loans, debts, etc...
12-5-2019 Intel Guru Frank26 ...They're [the CBI] is talking like crazy...they came out and told...Iraq citizens we are not going to give out any more loans for a month...when you do an accounting move like that it's suspicious...this is because IMO there is a new rate coming...the logic that we're following here is not emotional...
12-5-2019 Intel Guru MarkZ [via PDK] There seems to be a lot of concern over 800 numbers. Will there be numbers…will there be no numbers? ....will it be a secure website?...Guys no matter what it is – we will have access to it. If they go to a secure website for our safety…that’s good...if it’s still 800 numbers…fine. Don’t let it panic you. If it is going to be a secure website and they send it out via email…imo that’s fantastic...it will get to you even faster. None of us will know until it happens so please don’t panic about it. Either way you will be able to schedule your exchange at HSBC, WF, Chase or whatever bank you decide to use.
12-5-2019 Guest Intel Guru Angel1 ...we are in an incredible window. Why? Why are my people so excited? Because the banks of Iraq are in unity. Guess who's leading them? The CBI...unity brings power...purchasing power. And that's what's gonna happen. The accounting adjustment that was made was absolutely powerful...every bank is onboard...it is time...America and the US Treasury are ready. Pence went and delivered the rider for the budget.
12-5-2019 Newshound Guru Breitling ...are you ready? Meaning, when you go to exchange your currency that's a taxable event. You're gonna get hit and you haven't even bought anything yet. You go buy a home, you're gonna get taxed again. That's a taxable event. You go buy a nice car, that's a taxable event. You go buy some nice property after you buy your home...that's a taxable event...That's what I'm worried about. I'm not worried about it revaluing. I never was worried about it revaluing...we know exactly what's going on based on geopolitical strategy and the cause and effect of what goes on in-between. It's a fantastic opportunity you and I have but you better be prepared tax wise... [NOTE: Speak to your tax professionals at the appropriate time.]
12-5-2019 Newshound Guru Adam Montana We are currently looking at some interesting Budget possibilities, pressure on pushing HCL forward, and more. All good stuff!
12-5-2019 Intel Guru Frank26 ...They're [the CBI] is talking like crazy...they came out and told...Iraq citizens we are not going to give out any more loans for a month...when you do an accounting move like that it's suspicious...this is because IMO there is a new rate coming...the logic that we're following here is not emotional...
12-5-2019 Intel Guru MarkZ [via PDK] There seems to be a lot of concern over 800 numbers. Will there be numbers…will there be no numbers? ....will it be a secure website?...Guys no matter what it is – we will have access to it. If they go to a secure website for our safety…that’s good...if it’s still 800 numbers…fine. Don’t let it panic you. If it is going to be a secure website and they send it out via email…imo that’s fantastic...it will get to you even faster. None of us will know until it happens so please don’t panic about it. Either way you will be able to schedule your exchange at HSBC, WF, Chase or whatever bank you decide to use.
12-5-2019 Guest Intel Guru Angel1 ...we are in an incredible window. Why? Why are my people so excited? Because the banks of Iraq are in unity. Guess who's leading them? The CBI...unity brings power...purchasing power. And that's what's gonna happen. The accounting adjustment that was made was absolutely powerful...every bank is onboard...it is time...America and the US Treasury are ready. Pence went and delivered the rider for the budget.
12-5-2019 Newshound Guru Breitling ...are you ready? Meaning, when you go to exchange your currency that's a taxable event. You're gonna get hit and you haven't even bought anything yet. You go buy a home, you're gonna get taxed again. That's a taxable event. You go buy a nice car, that's a taxable event. You go buy some nice property after you buy your home...that's a taxable event...That's what I'm worried about. I'm not worried about it revaluing. I never was worried about it revaluing...we know exactly what's going on based on geopolitical strategy and the cause and effect of what goes on in-between. It's a fantastic opportunity you and I have but you better be prepared tax wise... [NOTE: Speak to your tax professionals at the appropriate time.]
12-5-2019 Newshound Guru Adam Montana We are currently looking at some interesting Budget possibilities, pressure on pushing HCL forward, and more. All good stuff!
12-4-2019 Intel Guru Bruce [via WiserNow] ...We are really at a crossroads tonight with the information that we have had over the last 3-4 days...there are things called “event triggers”... these are releases...things that have to happen...we are down to just a couple of event triggers to go...that’s it...The theory is that once...these event triggers are complete...which we think will complete tonight [Tuesday]...then we should be golden and we should be ready for our notifications...Our particular notification that you and I are looking for is a toll free number...I just have a feeling that we’re going to be moving through here and going ahead and setting our appointments up fairly soon...I would say guys we are really at the finish line – I believe we are there...I’m going to say that everything is looking very very good...
12-4-2019 Newshound Guru Jeff Document "The Exchange Rate of Foreign Currency in Economic Feasibility Studies 12/4/2019". Quote: "3. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities."
12-4-2019 Intel Guru MarkZ [via PDK] ...My Iraqi contacts are still expecting to see it happen at any moment…they feel that today started a window to see this all go. We heard a number of NDA’s signed again last weekend...the contacts I know at redemption centers are manned and ready...they are there…We are waiting for somebody to say “go”... I really think we will see this before Christmas...
12-4-2019 Newshound/Intel Guru Mnt Goat 2) Ending the corruption and curving the Iranian influence out of Iraqi politics. Since just about every high ranking govt official is involved in one way or another in corruption...They must do something and do it now with the pressures from the protestors. First get something to the protestors that is concrete and they can see the difference. ...You all should be VERY, VERY HAPPY at these current events and how this can lead to us finally getting our pot of gold at the end of the rainbow. Remember I said “there is always that pot of gold at the end of the rainbow only you can’t yet see the rainbow until the storm ends”. What did the Iraq news say to use recently? It said the “storm has ended” and so we are now just waiting for the rainbow to appear... [post 2 of 2]
12-4-2019 Newshound/Intel Guru Mnt Goat ...the news from Iraq is all about two things: 1) News from the CBI telling its member banks to stop all financing and loan contracts from Dec 1, 2019 to Jan 1, 2020...this is part of the revenue stream for banks so this is not an easy task to ask them to do for a month, unless it was important. So what does this mean? ...the CBI has wanted to complete the “project to delete the zeros” and then reinstate the Iraqi dinar and that the best timeframe is do this at the beginning of each fiscal accounting year. JANUARY is the beginning of their fiscal year...All attempts so far have been made during this period. So...once again we have a target of now up to early January 2020 to expect this project to delete the zeros to move ahead again and get a rate change in Iraq... [post 1 of 2....stay tuned]
12-4-2019 Newshound Guru Breitling If you look at it in chronological order of what we've been watching, it's such a beautiful thing! You should be very very happy. It's a reality. It's a huge huge pressure cooker for Iraq right now. So watch the conversations about the budgets. Watch what they're talking about...when is the exact date of when it's gonna happen? It doesn't matter...they can't depend on that $56 per barrel budget and whatever value they're gonna add to the currency. In other words they're gonna be forced to do it if they take too long...that's not my opinion. That's the language they're throwing out there...I couldn't be more excited...It's a great position to be in. It's fun to watch.
12-4-2019 Newshound Guru chattels I am in agreement with Kaperoni about the timing of any increase in the value of the IQD. [Reference Guru Kaperoni's post 12-3-2019] Completion of the banking reform project in Iraq is highly unlikely given the lack of security and instability of Iraq. I am always most hopeful in the first quarter of the year, but...The Iraqi political regime is "on life support", IMO. Assaults from without and corruption from within.
12-4-2019 Newshound Guru Jeff Document "The Exchange Rate of Foreign Currency in Economic Feasibility Studies 12/4/2019". Quote: "3. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities."
12-4-2019 Intel Guru MarkZ [via PDK] ...My Iraqi contacts are still expecting to see it happen at any moment…they feel that today started a window to see this all go. We heard a number of NDA’s signed again last weekend...the contacts I know at redemption centers are manned and ready...they are there…We are waiting for somebody to say “go”... I really think we will see this before Christmas...
12-4-2019 Newshound/Intel Guru Mnt Goat 2) Ending the corruption and curving the Iranian influence out of Iraqi politics. Since just about every high ranking govt official is involved in one way or another in corruption...They must do something and do it now with the pressures from the protestors. First get something to the protestors that is concrete and they can see the difference. ...You all should be VERY, VERY HAPPY at these current events and how this can lead to us finally getting our pot of gold at the end of the rainbow. Remember I said “there is always that pot of gold at the end of the rainbow only you can’t yet see the rainbow until the storm ends”. What did the Iraq news say to use recently? It said the “storm has ended” and so we are now just waiting for the rainbow to appear... [post 2 of 2]
12-4-2019 Newshound/Intel Guru Mnt Goat ...the news from Iraq is all about two things: 1) News from the CBI telling its member banks to stop all financing and loan contracts from Dec 1, 2019 to Jan 1, 2020...this is part of the revenue stream for banks so this is not an easy task to ask them to do for a month, unless it was important. So what does this mean? ...the CBI has wanted to complete the “project to delete the zeros” and then reinstate the Iraqi dinar and that the best timeframe is do this at the beginning of each fiscal accounting year. JANUARY is the beginning of their fiscal year...All attempts so far have been made during this period. So...once again we have a target of now up to early January 2020 to expect this project to delete the zeros to move ahead again and get a rate change in Iraq... [post 1 of 2....stay tuned]
12-4-2019 Newshound Guru Breitling If you look at it in chronological order of what we've been watching, it's such a beautiful thing! You should be very very happy. It's a reality. It's a huge huge pressure cooker for Iraq right now. So watch the conversations about the budgets. Watch what they're talking about...when is the exact date of when it's gonna happen? It doesn't matter...they can't depend on that $56 per barrel budget and whatever value they're gonna add to the currency. In other words they're gonna be forced to do it if they take too long...that's not my opinion. That's the language they're throwing out there...I couldn't be more excited...It's a great position to be in. It's fun to watch.
12-4-2019 Newshound Guru chattels I am in agreement with Kaperoni about the timing of any increase in the value of the IQD. [Reference Guru Kaperoni's post 12-3-2019] Completion of the banking reform project in Iraq is highly unlikely given the lack of security and instability of Iraq. I am always most hopeful in the first quarter of the year, but...The Iraqi political regime is "on life support", IMO. Assaults from without and corruption from within.
12-3-2019 Intel Guru MarkZ [Is there a possibility that they can stop the process now...hackers?] I understand with the QFS- No…maybe short delays…but no stopping it.
12-3-2019 Newshound Guru Breitling ...If you look at it in chronological order of what we've been watching, it's such a beautiful thing! You should be very very happy. It's a reality. It's a huge huge pressure cooker for Iraq right now. So watch the conversations about the budgets. Watch what they're talking about...when is the exact date of when it's gonna happen? It doesn't matter...they can't depend on that $56 per barrel budget and whatever value they're gonna add to the currency. In other words they're gonna be forced to do it if they take too long...that's not my opinion. That's the language they're throwing out there...I couldn't be more excited...It's a great position to be in. It's fun to watch.
12-3-2019 Newshound Guru Jeff Article: "Next Year's budget...sent to the House of Representatives within days and its deficit up to 40 trillion dinar" ...budgets will never contain a rate. The budgets are calculated against the value of a currency but they don't contain a rate. With Iraq their budgets are always calculated with trillions of dinars at today's value. Once the rate changes the budget has an internal rider built in and the budget will automatically convert and be calculated from trillions of dinar to billions of dinar. Again, they do not contain a rate...
12-3-2019 Intel Guru Frank26 ...the CBI says no more loans for 1 month. From December 2nd to January 2nd...IMO no more loans because the rate of the Iraqi Dinar will soon change...IMO it also is an accounting move...what they don't want is anything else on their books before the end of the year...
12-3-2019 Intel Guru MarkZ A lot of my sources are expecting a daytime event today – they believe it will appear before Wed. morning Iraq time…some other sources had expected it overnight last night. We have lots of different sources, banking side, treasury side, military side, foreign government side...and they all have different approaches when it comes to trying to track this thing. Remember no one knows the exact time until it pops. All we can do is guess based on news we are hearing and seeing.
12-3-2019 Intel Guru Frank26 ...Ten articles from the CBI came out today. I told you they were going to talk. They were like parrots on steroids...the GOI is exploding in a manner that the citizens want and that would bring in the environment suitable for what the CBI is about to do...
12-3-2019 Newshound Guru Kaperoni So the protestors wanted PM Mahdi to resign...which he did, but the result will cause delays in reforms. New formation of GOI will take at least a few months, delays in passing laws also. The end result is a 6 month to 1 year delay in my opinion of implimenting economic reforms and creating a private sector. And as usual, parliament loves to have a distraction rather than focus on what they should be doing...which is passing laws...the facts don't lie. Until the laws are passed and stability exists nobody is coming to invest. And until they have significant investment, the CBI will not begin currency reform.
12-3-2019 Newshound Guru Breitling ...If you look at it in chronological order of what we've been watching, it's such a beautiful thing! You should be very very happy. It's a reality. It's a huge huge pressure cooker for Iraq right now. So watch the conversations about the budgets. Watch what they're talking about...when is the exact date of when it's gonna happen? It doesn't matter...they can't depend on that $56 per barrel budget and whatever value they're gonna add to the currency. In other words they're gonna be forced to do it if they take too long...that's not my opinion. That's the language they're throwing out there...I couldn't be more excited...It's a great position to be in. It's fun to watch.
12-3-2019 Newshound Guru Jeff Article: "Next Year's budget...sent to the House of Representatives within days and its deficit up to 40 trillion dinar" ...budgets will never contain a rate. The budgets are calculated against the value of a currency but they don't contain a rate. With Iraq their budgets are always calculated with trillions of dinars at today's value. Once the rate changes the budget has an internal rider built in and the budget will automatically convert and be calculated from trillions of dinar to billions of dinar. Again, they do not contain a rate...
12-3-2019 Intel Guru Frank26 ...the CBI says no more loans for 1 month. From December 2nd to January 2nd...IMO no more loans because the rate of the Iraqi Dinar will soon change...IMO it also is an accounting move...what they don't want is anything else on their books before the end of the year...
12-3-2019 Intel Guru MarkZ A lot of my sources are expecting a daytime event today – they believe it will appear before Wed. morning Iraq time…some other sources had expected it overnight last night. We have lots of different sources, banking side, treasury side, military side, foreign government side...and they all have different approaches when it comes to trying to track this thing. Remember no one knows the exact time until it pops. All we can do is guess based on news we are hearing and seeing.
12-3-2019 Intel Guru Frank26 ...Ten articles from the CBI came out today. I told you they were going to talk. They were like parrots on steroids...the GOI is exploding in a manner that the citizens want and that would bring in the environment suitable for what the CBI is about to do...
12-3-2019 Newshound Guru Kaperoni So the protestors wanted PM Mahdi to resign...which he did, but the result will cause delays in reforms. New formation of GOI will take at least a few months, delays in passing laws also. The end result is a 6 month to 1 year delay in my opinion of implimenting economic reforms and creating a private sector. And as usual, parliament loves to have a distraction rather than focus on what they should be doing...which is passing laws...the facts don't lie. Until the laws are passed and stability exists nobody is coming to invest. And until they have significant investment, the CBI will not begin currency reform.
12-2-2019 Intel Guru MarkZ [My understanding is the UN Security Council rotates the President and USA is up as of Wednesday. UN was the first to put sanctions on Iraq and is the only one left to release sanctions. I expect USA being President now is to release those final sanctions.] Study the history of fiat currencies...This is the longest stretch in recorded history that a fiat currency has gone without imploding. It will implode...we will go back to a gold/asset standard and we will have a revaluation.
12-2-2019 Newshound Guru MilitiaMan Article: "Al-Hadithi: The cabinet will send the budget law to parliament in the coming days" In essence imo this will expose the 2018-2019 (rider) that may have been or was used to keep the 2020 Budget under wraps to date... And this is all to happen within the coming days... So they say they need to do it quickly, as there is an existence of financial commitments that can not be stopped, thus, they merely suspended the financial commitments (loans/contracts) for the month ending 01/02/2020, as noted in the article... [Guru] Delta posted. - ..imo.. ~ If that is the case then, shut the front door Alice! lol ~imo~
12-2-2019 Intel Guru Frank26 Now your banks are telling you [Iraqi citizens] what the CBI has been telling the upper echelon of banks in Iraq what the CBI wants to do. Add value to the currency. Give you purchasing power. Show you all this modern technology. Introduce you to the new ATM machines they have inside the banks. Show you the new small category notes. Start educating you about the fils which are coming.
12-2-2019 Intel/Newshound Guru sandyf CBI and so many others have all but said the Dinar is going up in value, The "Dinar" is the monetary unit of Iraq, as opposed to the currency. A redenomination would increase the value of the "Dinar" and reduce the amount in circulation. I have referred in the past to 2 entities that I had dealings with that were outside the realm of dinarland. In the middle of last year both were shut down by the authorities. One was revealed to be a scam and legal proceedings were initiated. The other however was given a clean bill of health and came back to life. They are now making encouraging noises about something happening later in the month with the outcome being visible in the new year. People really should consider the possibility of 2 separate events rather than getting hung up on Iraq. The deletion of zeros is purely an Iraqi issue and could be a long time away.
12-2-2019 Intel Guru MarkZ [via PDK] I still absolutely believe we will see this well before Christmas. What I am hearing from my bankers is they worked part of the day on Saturday and were on call all weekend. What I have been told from a number of sources is that there is a computer system that controls the release…it knows when they will release it...it will be a random release...no human being knows this time. I believe we could be days or even minutes away from seeing this release. Iraq closed down all loans and currency sales...this should tell you a whole lot. My contacts in Iraq think the release is on Wed. It’s always been a “when” not an “if”. The best thing we can do today is make sure we are ready...have all our ducks in a row.
12-2-2019 Newshound/Intel Guru RVAlready Mahdi is gone now. The CBI should be able to do the RV. Then the new election law can be enacted, and the government replaced… I think this will happen quickly, for the protests demand it.
12-2-2019 Newshound Guru Jeff some of you might be concerned about the transitioning of the government...years ago the central bank laid out two things they needed to see...The security that was finished. The war. That was done in December of 2017. Second step was get rid of corruption officials. That already happened... IMO...they're ready to go on changing the rate. But they still need to achieve stability...they have to set the stage going forward for transparency and accountability. That's where the 2020 budget comes in...in my personal opinion the last step that I personally feel we're waiting on is just the 2020 budget...Even after Mahdi resigns they'll still have a caretaker government and the parliament will stay in place...
12-2-2019 Newshound Guru MilitiaMan Article: "Al-Hadithi: The cabinet will send the budget law to parliament in the coming days" In essence imo this will expose the 2018-2019 (rider) that may have been or was used to keep the 2020 Budget under wraps to date... And this is all to happen within the coming days... So they say they need to do it quickly, as there is an existence of financial commitments that can not be stopped, thus, they merely suspended the financial commitments (loans/contracts) for the month ending 01/02/2020, as noted in the article... [Guru] Delta posted. - ..imo.. ~ If that is the case then, shut the front door Alice! lol ~imo~
12-2-2019 Intel Guru Frank26 Now your banks are telling you [Iraqi citizens] what the CBI has been telling the upper echelon of banks in Iraq what the CBI wants to do. Add value to the currency. Give you purchasing power. Show you all this modern technology. Introduce you to the new ATM machines they have inside the banks. Show you the new small category notes. Start educating you about the fils which are coming.
12-2-2019 Intel/Newshound Guru sandyf CBI and so many others have all but said the Dinar is going up in value, The "Dinar" is the monetary unit of Iraq, as opposed to the currency. A redenomination would increase the value of the "Dinar" and reduce the amount in circulation. I have referred in the past to 2 entities that I had dealings with that were outside the realm of dinarland. In the middle of last year both were shut down by the authorities. One was revealed to be a scam and legal proceedings were initiated. The other however was given a clean bill of health and came back to life. They are now making encouraging noises about something happening later in the month with the outcome being visible in the new year. People really should consider the possibility of 2 separate events rather than getting hung up on Iraq. The deletion of zeros is purely an Iraqi issue and could be a long time away.
12-2-2019 Intel Guru MarkZ [via PDK] I still absolutely believe we will see this well before Christmas. What I am hearing from my bankers is they worked part of the day on Saturday and were on call all weekend. What I have been told from a number of sources is that there is a computer system that controls the release…it knows when they will release it...it will be a random release...no human being knows this time. I believe we could be days or even minutes away from seeing this release. Iraq closed down all loans and currency sales...this should tell you a whole lot. My contacts in Iraq think the release is on Wed. It’s always been a “when” not an “if”. The best thing we can do today is make sure we are ready...have all our ducks in a row.
12-2-2019 Newshound/Intel Guru RVAlready Mahdi is gone now. The CBI should be able to do the RV. Then the new election law can be enacted, and the government replaced… I think this will happen quickly, for the protests demand it.
12-2-2019 Newshound Guru Jeff some of you might be concerned about the transitioning of the government...years ago the central bank laid out two things they needed to see...The security that was finished. The war. That was done in December of 2017. Second step was get rid of corruption officials. That already happened... IMO...they're ready to go on changing the rate. But they still need to achieve stability...they have to set the stage going forward for transparency and accountability. That's where the 2020 budget comes in...in my personal opinion the last step that I personally feel we're waiting on is just the 2020 budget...Even after Mahdi resigns they'll still have a caretaker government and the parliament will stay in place...
12-1-2019 Newshound Guru MilitiaMan Quote: "The Iraqi Commercial Bank would like to draw the attention of its valued customers to the fact that the receipt of all credit transactions for loans will be suspended from 12/01/2019 until 01/02/2020" They did mention awhile ago about the need to modify contracts.. Wala... They are now telling us a window of that to occur... A rate change is coming... Modified contracts are in suspension while the rate gets taken care of. Wow! - IMO.
12-1-2019 Intel Guru Frank26 (firefly report) THERE IS A MASSIVE EXODUS OCCURRING AT THESE VERY SECONDS IN IRAQ !!!...Iran agents are fleeing...Thousands of citizens are in the streets celebrating...
12-1-2019 Intel Guru Frank26 …I even said…I think it was Tuesday, it’s a domino effect. What is going on with the monetary reform right now, the exchange rate, is effecting -boom- one thing - boom - that affects another thing, it affects another thing and that affects another thing. You can call it the domino effect….this is great! What happened today. Just as soon as he [Mahdi] said I hand in my resignation it was like oh boy!
12-1-2019 Newshound Guru Vital Brad …all the gurus, all of them right now they’re all saying it’s “done”. I’ve been in this so so long that it almost seems like every Thanksgiving it’s done so I always take it with a grain of salt but there’s so much happening right now. In the 10 years I’ve been in this it’s never been this active around Iraq and around the Middle East…the gurus and those guys they’re saying it could happen anytime…
12-1-2019 Newshound/Intel Guru Mnt Goat Some say the CBI is still moving ahead with the “project to delete the zeros”. I agree but right now at a snail’s pace. ...I am told by my CBI contact that nothing is going to happen until at least the new 2020 budget is opened. It contains the HCL money something the citizens are demanding...
12-1-2019 Intel Guru Frank26 (firefly report) THERE IS A MASSIVE EXODUS OCCURRING AT THESE VERY SECONDS IN IRAQ !!!...Iran agents are fleeing...Thousands of citizens are in the streets celebrating...
12-1-2019 Intel Guru Frank26 …I even said…I think it was Tuesday, it’s a domino effect. What is going on with the monetary reform right now, the exchange rate, is effecting -boom- one thing - boom - that affects another thing, it affects another thing and that affects another thing. You can call it the domino effect….this is great! What happened today. Just as soon as he [Mahdi] said I hand in my resignation it was like oh boy!
12-1-2019 Newshound Guru Vital Brad …all the gurus, all of them right now they’re all saying it’s “done”. I’ve been in this so so long that it almost seems like every Thanksgiving it’s done so I always take it with a grain of salt but there’s so much happening right now. In the 10 years I’ve been in this it’s never been this active around Iraq and around the Middle East…the gurus and those guys they’re saying it could happen anytime…
12-1-2019 Newshound/Intel Guru Mnt Goat Some say the CBI is still moving ahead with the “project to delete the zeros”. I agree but right now at a snail’s pace. ...I am told by my CBI contact that nothing is going to happen until at least the new 2020 budget is opened. It contains the HCL money something the citizens are demanding...
11-30-2019 Newshound Guru Kaperoni Unfortunately, removing corruption and Iranian influenced government officials is a good thing, it's also slowed down reforms and economic progress.
11-30-2019 Intel Guru Frank26 …the citizens of Iraq when they found out this morning what was going on [Mahdi resigning] they flooded the streets…but this time it was everybody, men, women, children, dogs, cats, birds and camels. Everybody… they were recognizing the United States of America…the people are going crazy because they now have everything they dreamed of…this is a Ta-da moment for me and my teams. I mean we’re looking at 7 events that we have been talking about with our files study giving our opinions on it that today on this day the 29th it all came to fruition.
11-30-2019 Newshound Guru chattels Article: "Continued stability of dollar prices on the stock exchange struggle and domestic markets" ...So, it appears that there may be more than two other separate indices for the exchange rate in Iraq. Bank and Stock Exchange in addition to the auction. Some part of which may not be in compliance with the IMF guidelines. [Note: You can always see the latest official CBI reported market rate on the left side of this page.]
11-30-2019 Intel Guru Frank26 …In my opinion the CBI will be coming out and talking probably tomorrow. Because IMO they’re [CBI and the new Finance Committee] talking right now tonight.
11-30-2019 Newshound Guru Jeff …they will never give you enough information in the media for you to actually calculate a rate...they’re actually gonna mislead you and discourage you…
11-30-2019 Intel Guru Frank26 …the citizens of Iraq when they found out this morning what was going on [Mahdi resigning] they flooded the streets…but this time it was everybody, men, women, children, dogs, cats, birds and camels. Everybody… they were recognizing the United States of America…the people are going crazy because they now have everything they dreamed of…this is a Ta-da moment for me and my teams. I mean we’re looking at 7 events that we have been talking about with our files study giving our opinions on it that today on this day the 29th it all came to fruition.
11-30-2019 Newshound Guru chattels Article: "Continued stability of dollar prices on the stock exchange struggle and domestic markets" ...So, it appears that there may be more than two other separate indices for the exchange rate in Iraq. Bank and Stock Exchange in addition to the auction. Some part of which may not be in compliance with the IMF guidelines. [Note: You can always see the latest official CBI reported market rate on the left side of this page.]
11-30-2019 Intel Guru Frank26 …In my opinion the CBI will be coming out and talking probably tomorrow. Because IMO they’re [CBI and the new Finance Committee] talking right now tonight.
11-30-2019 Newshound Guru Jeff …they will never give you enough information in the media for you to actually calculate a rate...they’re actually gonna mislead you and discourage you…
11-29-2019 *** Dinar Guru Breaking News *** Multiple news outlets (including CNN) are reporting Prime Minister Mahdi announced his intention to resign his position. It's unclear when he will officially step down or who will replace him. Stay tuned as more light is shed on the subject and the guru chime in on his resignation on the dinar RV/rate change. The latest Guru Posts will continue below...
11-29-2019 Intel Guru MarkZ [via PDK] [MAHDI HAS RESIGNED...it's been released on the news channels that Mahdi has agreed to step down...] This is positive and big news… I was told to look for him to resign just before the reset.
11-29-2019 Guest Guru Mike Cottrell [via PDK] I think we are pretty close….There is an actual date that’s been set based on activities in the last 2 weeks. And it makes sense they are getting ready for that.
11-29-2019 Newshound Guru Jeff Mahdi resigning…I’m not too concerned about that. I’m of the opinion that that won’t have any bearing on the timing of the rate change…
11-29-2019 Newshound Guru Kirk H. Sowell What strikes me about this is that AAM is very specific that he will submit his resignation due to Sistani saying "parliament should review its options" on the government. AAM submitting his resignation simply signals his acceptance of this demand by religious authority...So I see 3 options, from most to least likely: 1) AAM submits his resignation to parl't tomorrow or Sunday, whenever it next meets, and parl't puts it on hold until the political class can decide what it wants to do, & vote no confidence in a few weeks or months. 2) Parliament votes no confidence immediately. If so, then President Salih has 30 days to pick a new prime minister-designate and AAM stays on as caretaker PM for that month. 3) Parliament accepts AAM's resignation, the PM's office becomes vacant, and President Salih becomes PM according to the constitution. I see almost no chance of this. It will be option 1) or 2). Again I stress that journalists should avoid saying something like, "Iraq's PM has resigned." ...Abd al-Mahdi can submit his resignation tomorrow & still be in office on New Year's & beyond.
11-29-2019 Newshound Guru Bloodloch Prime Minister Mahdi Resigns...Other related resignations happening and the Iraqi people are celebrating in the streets per various articles...
11-29-2019 Newshound Guru Adam Montana ...Want something else to smile about? How about this...HCL incoming! "Parliamentary source: Baghdad and the region sign next Sunday an agreement on the 2020 budget" ...the writing is on the wall!
11-29-2019 Intel Guru MarkZ [via PDK] ...sources are receiving all kinds of notices overnight and are ramped up and in position...So we are hearing great things on this side for the possibility of a today release. I talked to a couple of Redemption Center folks today and they are prepared for a long weekend…so we should know something today I would guess...rumors of 800 numbers today... [MARK, do any of your "Direct Contacts" have any SAY or Authority in the Release?] ...Actually 2 of them…one has direct effect and one does have power of ‘say”... I have heard there is a set date…i just do not know what that date is. I have heard this is a juggernaut and cannot be stopped now.
11-29-2019 Newshound Guru Jeff …notice how Pence was just in Iraq and I’ve been telling you this whole time that the Trump administration is in charge of this…that’s just more confirmation that he’s gonna use this to his time benefit for the elections.
11-29-2019 Newshound/Intel Guru Mnt Goat Here is how it is going to work: 1) The CBI must raise the rate of the dinar in-country to around $1.00 probably more like around 83 cents. 2) Then just before or around the same time the smaller of the smaller category notes must be launched and dispensed. We know these notes are now poised and ready to be dispensed at the banks. 3)The currency auctions will change. They many never end altogether but will no longer be mandated for providing US dollars for trade with the outside world. Instead the dinar itself will be used. 4) Shortly afterwards the dinar will then be “reinstated” on the global currency markets and traded. But first a short waiting period to check for inflation with the new currency and rate. I am told this may take up to 3 days, 3 weeks or 3 months. I do not believe it will take 3 months. But first the US and Sadr must work their magic to get the political will and consensus to do this move of the currency reform.
11-29-2019 Guest Guru Mike Cottrell [via PDK] I think we are pretty close….There is an actual date that’s been set based on activities in the last 2 weeks. And it makes sense they are getting ready for that.
11-29-2019 Newshound Guru Jeff Mahdi resigning…I’m not too concerned about that. I’m of the opinion that that won’t have any bearing on the timing of the rate change…
11-29-2019 Newshound Guru Kirk H. Sowell What strikes me about this is that AAM is very specific that he will submit his resignation due to Sistani saying "parliament should review its options" on the government. AAM submitting his resignation simply signals his acceptance of this demand by religious authority...So I see 3 options, from most to least likely: 1) AAM submits his resignation to parl't tomorrow or Sunday, whenever it next meets, and parl't puts it on hold until the political class can decide what it wants to do, & vote no confidence in a few weeks or months. 2) Parliament votes no confidence immediately. If so, then President Salih has 30 days to pick a new prime minister-designate and AAM stays on as caretaker PM for that month. 3) Parliament accepts AAM's resignation, the PM's office becomes vacant, and President Salih becomes PM according to the constitution. I see almost no chance of this. It will be option 1) or 2). Again I stress that journalists should avoid saying something like, "Iraq's PM has resigned." ...Abd al-Mahdi can submit his resignation tomorrow & still be in office on New Year's & beyond.
11-29-2019 Newshound Guru Bloodloch Prime Minister Mahdi Resigns...Other related resignations happening and the Iraqi people are celebrating in the streets per various articles...
11-29-2019 Newshound Guru Adam Montana ...Want something else to smile about? How about this...HCL incoming! "Parliamentary source: Baghdad and the region sign next Sunday an agreement on the 2020 budget" ...the writing is on the wall!
11-29-2019 Intel Guru MarkZ [via PDK] ...sources are receiving all kinds of notices overnight and are ramped up and in position...So we are hearing great things on this side for the possibility of a today release. I talked to a couple of Redemption Center folks today and they are prepared for a long weekend…so we should know something today I would guess...rumors of 800 numbers today... [MARK, do any of your "Direct Contacts" have any SAY or Authority in the Release?] ...Actually 2 of them…one has direct effect and one does have power of ‘say”... I have heard there is a set date…i just do not know what that date is. I have heard this is a juggernaut and cannot be stopped now.
11-29-2019 Newshound Guru Jeff …notice how Pence was just in Iraq and I’ve been telling you this whole time that the Trump administration is in charge of this…that’s just more confirmation that he’s gonna use this to his time benefit for the elections.
11-29-2019 Newshound/Intel Guru Mnt Goat Here is how it is going to work: 1) The CBI must raise the rate of the dinar in-country to around $1.00 probably more like around 83 cents. 2) Then just before or around the same time the smaller of the smaller category notes must be launched and dispensed. We know these notes are now poised and ready to be dispensed at the banks. 3)The currency auctions will change. They many never end altogether but will no longer be mandated for providing US dollars for trade with the outside world. Instead the dinar itself will be used. 4) Shortly afterwards the dinar will then be “reinstated” on the global currency markets and traded. But first a short waiting period to check for inflation with the new currency and rate. I am told this may take up to 3 days, 3 weeks or 3 months. I do not believe it will take 3 months. But first the US and Sadr must work their magic to get the political will and consensus to do this move of the currency reform.
11-28-2019 Intel Guru Frank26 & Guest Guru Angel1 …pay attention to the Erbil Stock Exchange. We believe IMO they will make an announcement pretty soon that they will go live internationally very soon…the CEO of the ISX came out this morning…he released a disclaimer. He said the Iraqi Stock Exchange has no relationship with any Iraqi or foreign website that publishes news, listen to this, or PICTURES related to investment or trading currencies or stocks in the International financial markets. Taha Abdul Salam is furious because there are organizations that are trying to steal his thunder…he was pretty pissed off when he found out that there were picture going around leaking what he was supposed to say…
11-28-2019 Newshound Guru Jeff …per the facts everything they’re showing you is pointing to Q1…everything they’re showing you most likely means they have to have this budget ready to implement in Q2. Again that’s implementation of the budget…I didn’t say rate change. The rate change has to happen before that and that’s where Q1 comes in…
11-28-2019 Newshound Guru Adam Montana It doesn't have to be complicated! And that right there covers pretty much everything...There was also a comment recently by one of the gurus about the new notes being introduced after the rate is changed...I happen to agree with this one. There is no reason to introduce new notes without a rate change. Introducing them before a rate change wouldn't make sense. And the fact that there are new notes for us to talk about is a huge indication that there is a rate change in progress or planned. [post 3 of 3]
11-28-2019 Newshound Guru Adam Montana When they change the rate, there are a few ways they can do it. In any of these cases, a one paragraph amendment to the budget will keep things correct. For example, the exchange rate is currently 1190:1 (IQD:USD). If they move the exchange rate closer to $1, they might move the decimal 3 places to the left making 1.19 IQD = $1 USD. Adjusting the budget is mind blowingly simple - a one paragraph amendment reads as follows: Due to the sudden difference in exchange value as implemented by the Central Bank of Iraq on (December 4, 2019), all values in the Budget shall be adjusted 3 zeros to the left. In other words, an allocation of 1,000,000 Iraqi Dinar is now adjusted to 1,000 Iraqi Dinar. [post 2 of 3....stay tuned]
11-28-2019 Newshound Guru Adam Montana The "hot topics" on the subject seem to be budget, budget, and also...Budget. Included in the Budget is always some kind of reference to the rate of the Iraqi Dinar, and every year we have a variety of interpretations on how the Budget will work with a change in the value of the Dinar. To keep things extremely simple, we can just summarize - the "new rate" does not need to be in the Budget. The Budget doesn't have to take a rate change into account. The rate mentioned in the Budget doesn't mean a thing! The reason is very simple... [post 1 of 3...stay tuned]
11-28-2019 Newshound Guru chattels Articles: "Parliamentary finance likely to pass the 2020 budget if the final agreement between the governments of Baghdad and the region"; "Parliamentary source: Baghdad and the region sign next Sunday an agreement on the 2020 budget" Historically Kurds are always more hopeful about a budget agreement than Baghdad and or reality. We shall see.
11-28-2019 Newshound Guru Jeff …per the facts everything they’re showing you is pointing to Q1…everything they’re showing you most likely means they have to have this budget ready to implement in Q2. Again that’s implementation of the budget…I didn’t say rate change. The rate change has to happen before that and that’s where Q1 comes in…
11-28-2019 Newshound Guru Adam Montana It doesn't have to be complicated! And that right there covers pretty much everything...There was also a comment recently by one of the gurus about the new notes being introduced after the rate is changed...I happen to agree with this one. There is no reason to introduce new notes without a rate change. Introducing them before a rate change wouldn't make sense. And the fact that there are new notes for us to talk about is a huge indication that there is a rate change in progress or planned. [post 3 of 3]
11-28-2019 Newshound Guru Adam Montana When they change the rate, there are a few ways they can do it. In any of these cases, a one paragraph amendment to the budget will keep things correct. For example, the exchange rate is currently 1190:1 (IQD:USD). If they move the exchange rate closer to $1, they might move the decimal 3 places to the left making 1.19 IQD = $1 USD. Adjusting the budget is mind blowingly simple - a one paragraph amendment reads as follows: Due to the sudden difference in exchange value as implemented by the Central Bank of Iraq on (December 4, 2019), all values in the Budget shall be adjusted 3 zeros to the left. In other words, an allocation of 1,000,000 Iraqi Dinar is now adjusted to 1,000 Iraqi Dinar. [post 2 of 3....stay tuned]
11-28-2019 Newshound Guru Adam Montana The "hot topics" on the subject seem to be budget, budget, and also...Budget. Included in the Budget is always some kind of reference to the rate of the Iraqi Dinar, and every year we have a variety of interpretations on how the Budget will work with a change in the value of the Dinar. To keep things extremely simple, we can just summarize - the "new rate" does not need to be in the Budget. The Budget doesn't have to take a rate change into account. The rate mentioned in the Budget doesn't mean a thing! The reason is very simple... [post 1 of 3...stay tuned]
11-28-2019 Newshound Guru chattels Articles: "Parliamentary finance likely to pass the 2020 budget if the final agreement between the governments of Baghdad and the region"; "Parliamentary source: Baghdad and the region sign next Sunday an agreement on the 2020 budget" Historically Kurds are always more hopeful about a budget agreement than Baghdad and or reality. We shall see.
11-27-2019 Newshound/Intel Guru Mnt Goat It’s 2019 and the dinar is still NOT freely traded by banks outside IRAQ...and still no RV. Is it time for this to happen. ...I feel these demonstrations may be the key to forcing this change finally to happen. It is not a matter of having the value to support $1.00 or even $3.00. It is instead a matter of ending the corruption and getting the political will to just do it.
11-27-2019 Intel Guru Bruce [via WiserNow] I’m hearing this could be an excellent/happy Thanksgiving for us ...we are in a window right now...What I’ve got is from 9 PM tonight (Tues night) ...all the way to Friday morning 9 AM...Now that means we could be notified anytime within that window and get started...we heard it from several sources that were unrelated – at least 3 or 4 sources that were getting that information...Now, we have information from Redemption Centers that says that they are ready for long days 22 hour days, starting Friday, Saturday and maybe a little less like 18 on Sunday – Is it possible that we receive a toll free number on Thanksgiving day and set appointments for the next day, Friday, which is Black Friday – I think it’s not only possible but maybe probable...I think we are still very strong for the next few days – very strong.
11-27-2019 Intel Guru MarkZ I am hearing...that there is a hard time to release it now...I am hearing today from my Redemption center contacts that they are not working tomorrow but expect to work long hours over the weekend. So my gut feeling...they may release the 800 numbers tomorrow for banking on Friday. So based on all of this from many sources I do not expect any thing to happen today. [Do you believe in this story of a hard set time after all the delays and excuses?] Yes I do believe this one...if anything happens…even if it’s on Thanksgiving I will...let you know...
11-27-2019 Newshound Guru Jeff …they have to approve the budget first. Then they can do the rate change. Then they can implement the demonstrators demands. It’s that simple. That’s where you guys stand. That’s what all the facts are currently telling us…all of my thoughts and opinions have been confirmed 100% factually within the news. We look amazing. Yes more time is needed. And yes we do have to wait this out till that budget’s approved so this thing is definitely going into Q1 at this point…
11-27-2019 Intel Guru Frank26 ...The plan is not to go into 2020…the 2020 budget IMO was stress tested in many scenarios under multiple rates…so what did the CBI and the fab 4 decide on as the 2020 rate? It’s unknown to me. But the important thing I’m trying to teach you is that IMO there have been 5 test budgets and they were run successfully to make the 2020 budget successful for the citizens demands…
11-27-2019 Newshound/Intel Guru Mnt Goat We now approach January again. Is Iraq going to be ready? We know that the demonstrators want the HCL payments promised them. Remember this was delayed from September 2018 until January 2019 and then the RV did not happen and so no HCL payments happened...Some say the CBI is still moving ahead with the “project to delete the zeros”. I agree but right now at a snail’s pace. They are waiting for the demonstrators to settle down. Even then I am told by my CBI contact that nothing is going to happen until at least the new 2020 budget is opened. It contains the HCL money something the citizens are demanding...
11-27-2019 Intel Guru Bruce [via WiserNow] I’m hearing this could be an excellent/happy Thanksgiving for us ...we are in a window right now...What I’ve got is from 9 PM tonight (Tues night) ...all the way to Friday morning 9 AM...Now that means we could be notified anytime within that window and get started...we heard it from several sources that were unrelated – at least 3 or 4 sources that were getting that information...Now, we have information from Redemption Centers that says that they are ready for long days 22 hour days, starting Friday, Saturday and maybe a little less like 18 on Sunday – Is it possible that we receive a toll free number on Thanksgiving day and set appointments for the next day, Friday, which is Black Friday – I think it’s not only possible but maybe probable...I think we are still very strong for the next few days – very strong.
11-27-2019 Intel Guru MarkZ I am hearing...that there is a hard time to release it now...I am hearing today from my Redemption center contacts that they are not working tomorrow but expect to work long hours over the weekend. So my gut feeling...they may release the 800 numbers tomorrow for banking on Friday. So based on all of this from many sources I do not expect any thing to happen today. [Do you believe in this story of a hard set time after all the delays and excuses?] Yes I do believe this one...if anything happens…even if it’s on Thanksgiving I will...let you know...
11-27-2019 Newshound Guru Jeff …they have to approve the budget first. Then they can do the rate change. Then they can implement the demonstrators demands. It’s that simple. That’s where you guys stand. That’s what all the facts are currently telling us…all of my thoughts and opinions have been confirmed 100% factually within the news. We look amazing. Yes more time is needed. And yes we do have to wait this out till that budget’s approved so this thing is definitely going into Q1 at this point…
11-27-2019 Intel Guru Frank26 ...The plan is not to go into 2020…the 2020 budget IMO was stress tested in many scenarios under multiple rates…so what did the CBI and the fab 4 decide on as the 2020 rate? It’s unknown to me. But the important thing I’m trying to teach you is that IMO there have been 5 test budgets and they were run successfully to make the 2020 budget successful for the citizens demands…
11-27-2019 Newshound/Intel Guru Mnt Goat We now approach January again. Is Iraq going to be ready? We know that the demonstrators want the HCL payments promised them. Remember this was delayed from September 2018 until January 2019 and then the RV did not happen and so no HCL payments happened...Some say the CBI is still moving ahead with the “project to delete the zeros”. I agree but right now at a snail’s pace. They are waiting for the demonstrators to settle down. Even then I am told by my CBI contact that nothing is going to happen until at least the new 2020 budget is opened. It contains the HCL money something the citizens are demanding...
11-26-2019 Newshound Guru chattels Article: "Behind the scenes of Pence's Iraq visit" Quote: "Many are wondering why Pence skipped a visit to Baghdad’s top three officials [prime minister, speaker of parliament and president], instead flying straight to Erbil to meet Nechirvan Barzani, President of the Kurdistan Region. A White House official provided a diplomatic answer and said that the US Vice President could not greet Iraqi government officials due to a violent crackdown on protesters across Iraq’s south. Instead, this visit was more related to Trump and his administration’s changes and reviews to their policy in Iraq and Syria, including the role Kurds want to play in both countries."
11-26-2019 Intel Guru MarkZ [via PDK] I spent a lot of time talking to folks last night but there was very little news. Redemption Center folks are there today...they expect to work all weekend but will not be working on Thursday. [Any news from Iraq source?] No…Iraq went quiet yesterday evening. I am hearing there was a Bank issue getting it out the door last night but that they are still working to get it done today.
11-26-2019 Newshound Guru Jeff Article “Parliamentary Finance: The 2020 budget will differ significantly from previous years”. Quote “the House of Representative and the Council of Ministers have given a lot of promises to the demonstrators to INTENSIFY PROJECTS DURING THE NEXT PHASE...” This is what I’ve been telling you since the end of September. The 2020 budget has everything in it that’s all post rate change. Article 140, HCL, the reforms, the reconstruction, the taxes, the tariffs…Remember the whole budget is encompassed around transparency to reduce and minimize corruption going forward. That’s the main reason why we’re waiting on this 2020 budget. “Intensify projects during the next phase” is a specific phrase that I’ve showed you all through this entire year and that phase means the period after the rate change…this article is freaking huge…The budget has to be done first then the rate can change then they can implement everything.
11-26-2019 Intel Guru Frank26 …the government came out and told the citizens ‘all the things you want it’s going to take a little time. But I want to let you know everything you want we put it in the budget for 2020. We included HCL. We included article 140. We’ve got everything in there. It’s all set for the year 2020.’ They were telling them February but the rate would have to be changed before that. I like that they actually came out and told the citizens everything you want we got it…
11-26-2019 Newshound/Intel Guru Francis Albert One would simply not be paying attention not to see some extremely positive happenings every day. I am betting the farm significant up tick in the Dinar price before years end. I have no secret sources, just a good gut.
11-26-2019 Intel Guru Frank26 …of course there’s gonna be a capital gains. And of course you’re gonna pay taxes on it. I don’t know what the tax categories and brackets are right now that’s why you’re gonna get a team together and they’re going to teach you. You’re gonna get a CPA, a bookkeeper. I have an IRS agent as my CPA. I want the latest laws well interpreted so I don’t get fined and I don’t overpay…you better pay your taxes. If you don’t pay your taxes they’ll find you. And they’ll come after you…you do not play with Uncle Sam. Give it to him. Throw it at him. Do your part. [Note: At the appropriate time speak to your tax professional]
11-26-2019 Intel Guru MarkZ I hear that he [VP Pence] got a lot done while he was over there. He gave the kurds permission to sell oil directly without having to go through Bagdad…this is big news.
11-26-2019 Intel Guru MarkZ [via PDK] I spent a lot of time talking to folks last night but there was very little news. Redemption Center folks are there today...they expect to work all weekend but will not be working on Thursday. [Any news from Iraq source?] No…Iraq went quiet yesterday evening. I am hearing there was a Bank issue getting it out the door last night but that they are still working to get it done today.
11-26-2019 Newshound Guru Jeff Article “Parliamentary Finance: The 2020 budget will differ significantly from previous years”. Quote “the House of Representative and the Council of Ministers have given a lot of promises to the demonstrators to INTENSIFY PROJECTS DURING THE NEXT PHASE...” This is what I’ve been telling you since the end of September. The 2020 budget has everything in it that’s all post rate change. Article 140, HCL, the reforms, the reconstruction, the taxes, the tariffs…Remember the whole budget is encompassed around transparency to reduce and minimize corruption going forward. That’s the main reason why we’re waiting on this 2020 budget. “Intensify projects during the next phase” is a specific phrase that I’ve showed you all through this entire year and that phase means the period after the rate change…this article is freaking huge…The budget has to be done first then the rate can change then they can implement everything.
11-26-2019 Intel Guru Frank26 …the government came out and told the citizens ‘all the things you want it’s going to take a little time. But I want to let you know everything you want we put it in the budget for 2020. We included HCL. We included article 140. We’ve got everything in there. It’s all set for the year 2020.’ They were telling them February but the rate would have to be changed before that. I like that they actually came out and told the citizens everything you want we got it…
11-26-2019 Newshound/Intel Guru Francis Albert One would simply not be paying attention not to see some extremely positive happenings every day. I am betting the farm significant up tick in the Dinar price before years end. I have no secret sources, just a good gut.
11-26-2019 Intel Guru Frank26 …of course there’s gonna be a capital gains. And of course you’re gonna pay taxes on it. I don’t know what the tax categories and brackets are right now that’s why you’re gonna get a team together and they’re going to teach you. You’re gonna get a CPA, a bookkeeper. I have an IRS agent as my CPA. I want the latest laws well interpreted so I don’t get fined and I don’t overpay…you better pay your taxes. If you don’t pay your taxes they’ll find you. And they’ll come after you…you do not play with Uncle Sam. Give it to him. Throw it at him. Do your part. [Note: At the appropriate time speak to your tax professional]
11-26-2019 Intel Guru MarkZ I hear that he [VP Pence] got a lot done while he was over there. He gave the kurds permission to sell oil directly without having to go through Bagdad…this is big news.
11-25-2019 Newshound/Intel Gurus Delta & MilitiaMan Article quote: "Iraq: Following the joint World Bank – WTO Workshop on the Accession of Iraq, which took place in Beirut on 25-26 July, the Secretariat, the World Bank and the Government of Iraq are working towards organizing a High-Level Conference on the WTO Accession of Iraq, in Baghdad, at the end of November. The conference is intended to facilitate the formal reactivation of the accession process..." Another fine tuned and well timed announcement.. They are to facilitate the formal reactivation.. They mean business is coming to town!! November is coming to a close.. imo.
11-25-2019 Intel Guru MarkZ The 3 redemption centers that I have contacts in are staffed today...they were not staffed over the weekend. [Will there be redemption centers at military bases?] I hear there will be…many investors are in the military…
11-25-2019 Intel Guru Frank26 …the budget needs the new rate. The new rate does not need the budget…
11-25-2019 Intel Guru MarkZ [Is this the day before the big event?] That’s what I am still hearing...It looks like the crosshairs are fixed on tomorrow...many, many appointments are scheduled for Tuesday. Contacts in Iraq are also expecting a “Tuesday Event”…they are looking at a 10-11 AM release...contacts in Zurich and Europe were also told to watch for Tuesday…If they keep to this schedule for appointments to be liquid tomorrow, I would expect 800 numbers to be out today or overnight at the latest...
11-25-2019 Newshound Guru MilitiaMan The salaries are part of those rights and entitlements. The value is for this year in the 2019 Budget... So we watch and see if they get paid in nscn's or not this week. IMO, they will and it appears they will know more tomorrow...Btw, by paying them in NSCNs they reduce the note count. That my friends is increasing value, just like the CBI has always said they will. It is not a lop!! ~ NEVER WAS AND NEVER WILL BE!! ~ imo. [post 2 of 2]
11-25-2019 Newshound Guru MilitiaMan Remember rate precedes new notes. That rate is imo in the 2019 Federal Budget for the 2020 Federal Budget... They have held the 2019 budget very tight thus far this year, and for good reason all this time now. Well, with Pence arriving unannounced shows that he had more on his mind than Turkey Dinner. In fact, it is more likely to be about large money and contracts that will benefit many and in short order. The Kurds were not to meet in Baghdad until or by the middle of next week. Well tomorrow is not the middle of next week. The green light was given for BOTH SIDES in regard to financial rights and entitlements! [post 1 of 2....stay tuned]
11-25-2019 Intel Guru Frank26 [I believe we had considered waiting approx 72 days before exchanging the bulk of our dinar, thinking it might go up a bit more within this time. IYO, is this still the case, after the initial RI.] Based on new calculations...IMO I think it will happen faster than that…and the old rate of $3.86 will be higher now if we are adding in inflation to make it about $4+ …you will need to make your own decision of when to hold them and when to fold them.
11-25-2019 Newshound Guru Adam Montana When the RV is announced, and it will be announced at some point, I have always felt like it would take the world by surprise. They aren't going to give a "heads up", they aren't going to do anything to attract currency speculators. It's going to happen suddenly...I doubt "this week" is when we will see the RV announced, but that may be exactly why it IS announced this week!...
11-25-2019 Intel Guru MarkZ The 3 redemption centers that I have contacts in are staffed today...they were not staffed over the weekend. [Will there be redemption centers at military bases?] I hear there will be…many investors are in the military…
11-25-2019 Intel Guru Frank26 …the budget needs the new rate. The new rate does not need the budget…
11-25-2019 Intel Guru MarkZ [Is this the day before the big event?] That’s what I am still hearing...It looks like the crosshairs are fixed on tomorrow...many, many appointments are scheduled for Tuesday. Contacts in Iraq are also expecting a “Tuesday Event”…they are looking at a 10-11 AM release...contacts in Zurich and Europe were also told to watch for Tuesday…If they keep to this schedule for appointments to be liquid tomorrow, I would expect 800 numbers to be out today or overnight at the latest...
11-25-2019 Newshound Guru MilitiaMan The salaries are part of those rights and entitlements. The value is for this year in the 2019 Budget... So we watch and see if they get paid in nscn's or not this week. IMO, they will and it appears they will know more tomorrow...Btw, by paying them in NSCNs they reduce the note count. That my friends is increasing value, just like the CBI has always said they will. It is not a lop!! ~ NEVER WAS AND NEVER WILL BE!! ~ imo. [post 2 of 2]
11-25-2019 Newshound Guru MilitiaMan Remember rate precedes new notes. That rate is imo in the 2019 Federal Budget for the 2020 Federal Budget... They have held the 2019 budget very tight thus far this year, and for good reason all this time now. Well, with Pence arriving unannounced shows that he had more on his mind than Turkey Dinner. In fact, it is more likely to be about large money and contracts that will benefit many and in short order. The Kurds were not to meet in Baghdad until or by the middle of next week. Well tomorrow is not the middle of next week. The green light was given for BOTH SIDES in regard to financial rights and entitlements! [post 1 of 2....stay tuned]
11-25-2019 Intel Guru Frank26 [I believe we had considered waiting approx 72 days before exchanging the bulk of our dinar, thinking it might go up a bit more within this time. IYO, is this still the case, after the initial RI.] Based on new calculations...IMO I think it will happen faster than that…and the old rate of $3.86 will be higher now if we are adding in inflation to make it about $4+ …you will need to make your own decision of when to hold them and when to fold them.
11-25-2019 Newshound Guru Adam Montana When the RV is announced, and it will be announced at some point, I have always felt like it would take the world by surprise. They aren't going to give a "heads up", they aren't going to do anything to attract currency speculators. It's going to happen suddenly...I doubt "this week" is when we will see the RV announced, but that may be exactly why it IS announced this week!...
11-24-2019 Newshound Guru MilitiaMan Pence has ushered in what appears to be the foundation for the final agreement set for tomorrow in Baghdad. Keep in mind the salaries that will need to be paid. We know they NSCN's (lower denoms) will need a rate prior to using them. They are said to be populated throughout Iraq now, as told by Alak that funds have moved in armored trucks in the very recent past. The 28th is the last payday of the month. It makes more sense to to me to pay them in a new rate with nscn's, than again paying them with a program rate. [post 2 of 2]
11-24-2019 Newshound Guru MilitiaMan Article: "Pence gave the green light to the Kurds on the sale of oil without involving Baghdad" I don't believe this is an aside for not paying the 250,000 barrels a day to Baghdad. In fact it is above and beyond that amount that could be sold. This bodes very well for the Kurds and us as investors, as it will seal the agreement for the implementation of the 2019 Federal Budget Law that will usher in the 2020 Budget cycle to come (imo) that has the Kurdistan's Regional share of it inside. [post 1 of 2....stay tuned]
11-24-2019 Intel Guru Frank26 Are there particular banks that will exchange dinar once the rate is changed? …In our opinion the CBI has reached out internationally to private banks around the world to have an international relationship with them for the exchange process. IMO also the Central Bank of Iraq will have CBI banks in the United States of America where you can go in and exchange your currency and keep it as dinars. That would be fantastic if it is true. I think it is. Because that will help us in the process of ‘when to hold them and when to fold them…’
11-24-2019 Newshound Guru Adam Montana The players and groups that have an interest in keeping the exchange rate as it is are not a huge group. The "bad" part of the Government of Iraq isn't the majority...And it appears that change is happening now. Since early October, there have been serious protests in Iraq, and the pressure has resulted in Iraq moving towards some changes that (in hindsight) have been necessary this whole time. A few of the "bad guys" aren't going to be happy, and they will put up some resistance still, but they will fall to the side and Iraq's currency will not stay in the "XXXX:1" range. The question has always been "when", not "if". Over the recent years, Iraq has been at a tipping point. SO CLOSE, all the time! In hindsight, what was needed is obvious. And it's happening right now. [post 4 of 4]
11-24-2019 Newshound Guru Adam Montana Political players and parties have been able to manipulate the status quo, and profit from it. I would say it's fair to write down as fact that there are players in this situation that have worked specifically against the RV... because they were making money on the system as it was, and why would they change that?! Although tremendous ground has been covered in Iraq's journey back to prosperity, there have been people and groups that had a vested interest in seeing Iraq maintain the status quo (no RV), and keep the people impoverished. Hope is not lost, though. Far from it, in fact! [post 3 of 4....stay tuned]
11-24-2019 Newshound Guru Adam Montana Then the country began to rebuild, ...and eventually the world recognized their progress with the official lifting of Chapter 7 sanctions. More progress has been made, hurdles have been cleared, and Iraq is nowhere near what it was in 2003. All along the path of this rebuilding, we've been watching and waiting for a major change. Not that the change from 4000:1 to the current 1190:1 isn't a "major change"...but it's not the "major" change they are capable of. It's not "the" change we are waiting for. It's not the change that we know is coming. As we look back on the last decade plus, with the benefit of hindsight, it's easy to see how and why they haven't RV'd yet. It's quite simple, really: [post 2 of 4...stay tuned]
11-24-2019 Newshound Guru Adam Montana I made a mention this week about Iraq being in a good place - my optimism continues. Every week, I read thousands of posts...This last week, I read one that hit me right in the chest... Quote: "... in hindsight, it makes perfect sense that we didn't have an RV before the people forcefully demanded change." ...I can't help but think how true it is. And how obvious! Iraq has made tons of progress. They were thrown into a dark hole when Saddam Hussein was removed. Their currency plummeted from a high value down to a lowly scrap... [post 1 of 4....stay tuned]
11-24-2019 Newshound/Intel Guru Francis Albert If I was on a game show, and had to, "had to" give an answer, I would say .86 open on Forex. Well, I would not cash at that, as I believe it would move from there somewhat bullishly. (is that a word?)
11-24-2019 Intel Guru Frank26 Trump sent Pence to Iraq today... You will find out soon who else he sent...I don’t believe there are coincidences... I believe timing is everything and there is a “time” scheduled” for them to do this.
11-24-2019 Newshound Guru MilitiaMan Article: "Pence gave the green light to the Kurds on the sale of oil without involving Baghdad" I don't believe this is an aside for not paying the 250,000 barrels a day to Baghdad. In fact it is above and beyond that amount that could be sold. This bodes very well for the Kurds and us as investors, as it will seal the agreement for the implementation of the 2019 Federal Budget Law that will usher in the 2020 Budget cycle to come (imo) that has the Kurdistan's Regional share of it inside. [post 1 of 2....stay tuned]
11-24-2019 Intel Guru Frank26 Are there particular banks that will exchange dinar once the rate is changed? …In our opinion the CBI has reached out internationally to private banks around the world to have an international relationship with them for the exchange process. IMO also the Central Bank of Iraq will have CBI banks in the United States of America where you can go in and exchange your currency and keep it as dinars. That would be fantastic if it is true. I think it is. Because that will help us in the process of ‘when to hold them and when to fold them…’
11-24-2019 Newshound Guru Adam Montana The players and groups that have an interest in keeping the exchange rate as it is are not a huge group. The "bad" part of the Government of Iraq isn't the majority...And it appears that change is happening now. Since early October, there have been serious protests in Iraq, and the pressure has resulted in Iraq moving towards some changes that (in hindsight) have been necessary this whole time. A few of the "bad guys" aren't going to be happy, and they will put up some resistance still, but they will fall to the side and Iraq's currency will not stay in the "XXXX:1" range. The question has always been "when", not "if". Over the recent years, Iraq has been at a tipping point. SO CLOSE, all the time! In hindsight, what was needed is obvious. And it's happening right now. [post 4 of 4]
11-24-2019 Newshound Guru Adam Montana Political players and parties have been able to manipulate the status quo, and profit from it. I would say it's fair to write down as fact that there are players in this situation that have worked specifically against the RV... because they were making money on the system as it was, and why would they change that?! Although tremendous ground has been covered in Iraq's journey back to prosperity, there have been people and groups that had a vested interest in seeing Iraq maintain the status quo (no RV), and keep the people impoverished. Hope is not lost, though. Far from it, in fact! [post 3 of 4....stay tuned]
11-24-2019 Newshound Guru Adam Montana Then the country began to rebuild, ...and eventually the world recognized their progress with the official lifting of Chapter 7 sanctions. More progress has been made, hurdles have been cleared, and Iraq is nowhere near what it was in 2003. All along the path of this rebuilding, we've been watching and waiting for a major change. Not that the change from 4000:1 to the current 1190:1 isn't a "major change"...but it's not the "major" change they are capable of. It's not "the" change we are waiting for. It's not the change that we know is coming. As we look back on the last decade plus, with the benefit of hindsight, it's easy to see how and why they haven't RV'd yet. It's quite simple, really: [post 2 of 4...stay tuned]
11-24-2019 Newshound Guru Adam Montana I made a mention this week about Iraq being in a good place - my optimism continues. Every week, I read thousands of posts...This last week, I read one that hit me right in the chest... Quote: "... in hindsight, it makes perfect sense that we didn't have an RV before the people forcefully demanded change." ...I can't help but think how true it is. And how obvious! Iraq has made tons of progress. They were thrown into a dark hole when Saddam Hussein was removed. Their currency plummeted from a high value down to a lowly scrap... [post 1 of 4....stay tuned]
11-24-2019 Newshound/Intel Guru Francis Albert If I was on a game show, and had to, "had to" give an answer, I would say .86 open on Forex. Well, I would not cash at that, as I believe it would move from there somewhat bullishly. (is that a word?)
11-24-2019 Intel Guru Frank26 Trump sent Pence to Iraq today... You will find out soon who else he sent...I don’t believe there are coincidences... I believe timing is everything and there is a “time” scheduled” for them to do this.
11-23-2019 Newshound Guru MilitiaMan Article: "A deputy intends to investigate the auction of the currency and confirms the possession of the names of those involved" This is slated for today... Interesting timing again.. Frank [Guru Frank26] mentioned there are many corrupt on a list in regard to auctions...All about timing. Add in the timing of the NSCNs being in the process of lifting the three zero notes right now for a rate change. ("CBI is now in the process of lifting 3 zero notes for a rate change, because of the three zero notes." ~ Frank26...) Those are two powerful things that the Citizens demand. Purchase Power is a biggy, imo... Fascinating time we are in.. Keep talking CBI...
11-23-2019 Newshound Guru Kaperoni The IMF refers to Multiple Currency Practice in Iraq or (MCP). It has nothing to do with more than one currency. It has to do with the price of goods in various locations that exceed 2%. ...Iraq will always have both the dollar and dinar because they sell oil. Meaning they will always have both currencies in the country. Many countries have more than one currency prevalent.
11-23-2019 Newshound Guru Don961 Article: "Prof.Dr. Mahmoud Mohammed Dagher: * It is the exchange rate, gentlemen" IMO...IN OTHER WORDS ACCORDING TO THE LAST STATEMENTS OF THE ASTUTE PROFESSOR... KEEPING THE EXCHANGE RATE ARTIFICIALLY LOW ONLY HURTS THE PURCHASING POWER OF LOWER INCOME CITIZENS IN ADDITIONAL HIDDEN WAYS .. SOOOO... IN LIGHT OF WHAT THE PROTESTORS ARE DEMANDING FOR DECENT JOBS, DECENT INCOMES AND DECENT LIVES...THE ALTERNATIVE WOULD LOGICALLY BE TO STRENGTHEN THAT RATE...INCREASE THAT PURCHASING POWER.
11-23-2019 Newshound/Intel Guru Mnt Goat So what do we do now as investors? We just follow the news coming out of Iraq. By knowing the process the CBI must go through to reinstate the dinar (they told us this process), we know what to look for and how to determine any significant progress in the process moving it forward...
11-23-2019 Intel Guru Frank26 THE CBI IS TALKING... Keep an eye on the CBI.
11-23-2019 Newshound Guru Jeff …the citizens are not going to tolerate this much longer. There is a huge revelation in this…the government is showing you through the action with the demonstrators how their hands are just tied. There’s absolutely nothing that the government can do right now to satisfy the demonstrators. They’re showing you as clear as day. They have to change the rate fairly soon…fairly soon could mean over the next few months…they have to change the rate in a reasonable amount of time…I love the news it could not be any better…
11-23-2019 Newshound Guru Kaperoni The IMF refers to Multiple Currency Practice in Iraq or (MCP). It has nothing to do with more than one currency. It has to do with the price of goods in various locations that exceed 2%. ...Iraq will always have both the dollar and dinar because they sell oil. Meaning they will always have both currencies in the country. Many countries have more than one currency prevalent.
11-23-2019 Newshound Guru Don961 Article: "Prof.Dr. Mahmoud Mohammed Dagher: * It is the exchange rate, gentlemen" IMO...IN OTHER WORDS ACCORDING TO THE LAST STATEMENTS OF THE ASTUTE PROFESSOR... KEEPING THE EXCHANGE RATE ARTIFICIALLY LOW ONLY HURTS THE PURCHASING POWER OF LOWER INCOME CITIZENS IN ADDITIONAL HIDDEN WAYS .. SOOOO... IN LIGHT OF WHAT THE PROTESTORS ARE DEMANDING FOR DECENT JOBS, DECENT INCOMES AND DECENT LIVES...THE ALTERNATIVE WOULD LOGICALLY BE TO STRENGTHEN THAT RATE...INCREASE THAT PURCHASING POWER.
11-23-2019 Newshound/Intel Guru Mnt Goat So what do we do now as investors? We just follow the news coming out of Iraq. By knowing the process the CBI must go through to reinstate the dinar (they told us this process), we know what to look for and how to determine any significant progress in the process moving it forward...
11-23-2019 Intel Guru Frank26 THE CBI IS TALKING... Keep an eye on the CBI.
11-23-2019 Newshound Guru Jeff …the citizens are not going to tolerate this much longer. There is a huge revelation in this…the government is showing you through the action with the demonstrators how their hands are just tied. There’s absolutely nothing that the government can do right now to satisfy the demonstrators. They’re showing you as clear as day. They have to change the rate fairly soon…fairly soon could mean over the next few months…they have to change the rate in a reasonable amount of time…I love the news it could not be any better…
11-22-2019 Intel Guru MarkZ [What has changed between now and 10 years ago when we though this would go?] So much has changed that I hardly know where to start…The Central banks of Iraq, China, Japan, Russia have become some of the largest holders of Gold bullion...We have the new OFS banking system and the computer power to handle the GCR now. Remember that Iraq, Zimbabwe, Hungary, Japan and others have already announced they have an asset/gold backed digital currency ….We are at a totally different spot then we were 10 years ago...
11-22-2019 Newshound Guru Jeff ...complete the 2020 budget. Then change the rate. Then implement the demonstrators demands. That’s how it has to happen. That’s what they’re telling you factually within the news. They have to do those steps…That’s where we’re at…we look amazing but the factual news from a truth poll perspective tells us that a little bit more time is needed…
11-22-2019 Intel Guru Bruce From 3 AM to 9 AM we went on a higher security alert...Now, I feel good about the security level...all the rates are solid on the front screens...I believe that our President wants this released... and I think he wants it to go now...it could be [Friday] and it sure could be on Saturday
11-22-2019 Newshound/Intel Guru Mnt Goat If any banks decide to sell or buy the dinar this is not “trading” the dinar...it is simply working under a “currency broker” license just like all the internet online brokers. So, let’s stop all this nonsense about the banks selling or buying the dinar under this capacity to justify telling everyone that the Iraqi dinar is now already “international”. It is not international until 1)it gets “reinstated” and 2) OFAC sanctions are lifted. These are two conditions we wait for as investors and we do not go to the bank until these two conditions are satisfied. ...There is no other way around it! [post 2 or 2]
11-22-2019 Newshound/Intel Guru Mnt Goat I have discounted any bank stories a very long time ago. All I know is each bank I visited, when in the US last, all told me that they would not touch the Iraqi dinar...due to ongoing OFAC sanctions. ...The banks DO NOT have a choice to exchange or not. The law under OFAC sanctions specifically prohibits any FDIC regulated banks from dealing with the Iraqi dinar currency, thus legally exchanging it. [post 1 of 2....stay tuned]
11-22-2019 Intel Guru MarkZ [via PDK] Very quiet overnight…In Zurich – they are still expeing liquidity by Tuesday...so things are happening…at least overseas. From a contact in Iraq- I was told to start watching the CBI starting on Sunday...i am excited for next week...
11-22-2019 Newshound Guru chattels Parliament reconvenes tomorrow. Be still my heart.
11-22-2019 Intel Guru MarkZ Currency news: More and more news that they are looking for Tuesday Liquidity… other sources are looking for it to happen sooner… …Its possible it will happen sooner…maybe they say its Tuesday and will pop it sooner...noone really knows for sure.
11-22-2019 Newshound Guru Kaperoni ...as long as the auctions exist, the CBI cannot substantially reduce the note count.
11-22-2019 Newshound Guru Jeff …with Iraq they’re gonna have two currencies coexisting together. So you’ll have a 25k note and a 25 note coexisting together. They’re not gonna have the same value…Let’s say the rate is $3.00…the 25k note would be worth $75,000 and the 25 note would be worth $25…the two currencies will coexist together with independent separate values…
11-22-2019 Newshound Guru Jeff ...complete the 2020 budget. Then change the rate. Then implement the demonstrators demands. That’s how it has to happen. That’s what they’re telling you factually within the news. They have to do those steps…That’s where we’re at…we look amazing but the factual news from a truth poll perspective tells us that a little bit more time is needed…
11-22-2019 Intel Guru Bruce From 3 AM to 9 AM we went on a higher security alert...Now, I feel good about the security level...all the rates are solid on the front screens...I believe that our President wants this released... and I think he wants it to go now...it could be [Friday] and it sure could be on Saturday
11-22-2019 Newshound/Intel Guru Mnt Goat If any banks decide to sell or buy the dinar this is not “trading” the dinar...it is simply working under a “currency broker” license just like all the internet online brokers. So, let’s stop all this nonsense about the banks selling or buying the dinar under this capacity to justify telling everyone that the Iraqi dinar is now already “international”. It is not international until 1)it gets “reinstated” and 2) OFAC sanctions are lifted. These are two conditions we wait for as investors and we do not go to the bank until these two conditions are satisfied. ...There is no other way around it! [post 2 or 2]
11-22-2019 Newshound/Intel Guru Mnt Goat I have discounted any bank stories a very long time ago. All I know is each bank I visited, when in the US last, all told me that they would not touch the Iraqi dinar...due to ongoing OFAC sanctions. ...The banks DO NOT have a choice to exchange or not. The law under OFAC sanctions specifically prohibits any FDIC regulated banks from dealing with the Iraqi dinar currency, thus legally exchanging it. [post 1 of 2....stay tuned]
11-22-2019 Intel Guru MarkZ [via PDK] Very quiet overnight…In Zurich – they are still expeing liquidity by Tuesday...so things are happening…at least overseas. From a contact in Iraq- I was told to start watching the CBI starting on Sunday...i am excited for next week...
11-22-2019 Newshound Guru chattels Parliament reconvenes tomorrow. Be still my heart.
11-22-2019 Intel Guru MarkZ Currency news: More and more news that they are looking for Tuesday Liquidity… other sources are looking for it to happen sooner… …Its possible it will happen sooner…maybe they say its Tuesday and will pop it sooner...noone really knows for sure.
11-22-2019 Newshound Guru Kaperoni ...as long as the auctions exist, the CBI cannot substantially reduce the note count.
11-22-2019 Newshound Guru Jeff …with Iraq they’re gonna have two currencies coexisting together. So you’ll have a 25k note and a 25 note coexisting together. They’re not gonna have the same value…Let’s say the rate is $3.00…the 25k note would be worth $75,000 and the 25 note would be worth $25…the two currencies will coexist together with independent separate values…
11-21-2019 Intel Guru MarkZ Big news from China…mainstream news... They are going to a complete asset backed digital currency for the entire country…they did not say when…but the speculation is it could be just days away. Think about this guys...this is what we have been waiting for...we have been waiting for the new banking system…this is part of the QFS system...it’s happening right now...So, I’m feeling very good about things…feeling fantastic…
11-21-2019 Newshound/Intel Guru Francis Albert Reducing the three zero notes in circulation is not the impetus for two simultaneous currencies, ...it is simply reducing the three zero notes in circulation.
11-21-2019 Newshound Guru Jeff …so no one is miss led in any way…No country’s budget contains a rate. The budget itself is calculated off the rate but the budget never contains a rate…you’ve always seen their [Iraq’s] budgets calculated in the range of trillions of dinar. When the rate changes it will transition to being calculated in billions of dinar. How does that work? The budget has what’s called a writer…it will allow that to automatically change from trillions to billions. In other words they drop the zeros. It’s that simple. My point to you is you will never know that the rates gonna change before it has changed. They will not let any clues or signs leak out…
11-21-2019 Intel Guru Frank26 …CBI if you can give me one sentence of what you are doing now…give me one sentence that describes your posture right now. ‘We [CBI] are reducing the physical 3 zero note count with a rate change’
11-21-2019 Intel Guru MarkZ My news out of Zurich is not what most want to hear…they are now expecting their funds the first of next week…but it’s supposed to be an absolute...set time...I did have an interesting conversation with a military contact…it is their understanding that they are now in charge of the roll-out for the US. ...Trump turned it over to the military now…its out of his hands. Trump has Military under soft Marshall Law, meaning they are standing watch over all the Financial people and bankers to ensure they cannot stop this any further... Trump is the first US President who wants this RV to happen...I am treating this as rumor for now…but based on this and news from Zurich , I am not expecting to see anything now until Mon/Tues next week.
11-21-2019 Newshound Guru Jeff …Let’s clear the air…Lower denoms before the rate change. That cannot and will not happen. Reason why? If they release the lower denoms before the rate change it just became a currency devaluation. So again they can not release lower denoms before the rate change…the rate change is like a nucleus. Everything is linked to the nucleus. Once the rate changes that’s when all the dominoes fall…
11-21-2019 Newshound Guru Kaperoni ...Nothing is happening with the dinar until laws are passed and significant investment comes in through the private sector in Iraq.
11-21-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ’S PROTESTS RAISE QUESTION: WHERE DOES THE OIL MONEY GO?" Quote: "IRAQI LEADERS HAVE BEEN UNWILLING SO FAR TO REFORM THE SYSTEM,..." ...So can we all see why not the US govt through the US Treasury is holding up the reinstatement? How can they place all this money into Iraq and then watch it mismanaged and have the dinar only crash afterwards? ...“where is the RV”...It is being purposefully held up because: 1. the CBI wants to move forward but crooked Iranian backed politicians stall it; 2. the US Treasury says not until they learn how to manage their funds, lessen corruption and thus the government is more stable.
11-21-2019 Newshound/Intel Guru Francis Albert Reducing the three zero notes in circulation is not the impetus for two simultaneous currencies, ...it is simply reducing the three zero notes in circulation.
11-21-2019 Newshound Guru Jeff …so no one is miss led in any way…No country’s budget contains a rate. The budget itself is calculated off the rate but the budget never contains a rate…you’ve always seen their [Iraq’s] budgets calculated in the range of trillions of dinar. When the rate changes it will transition to being calculated in billions of dinar. How does that work? The budget has what’s called a writer…it will allow that to automatically change from trillions to billions. In other words they drop the zeros. It’s that simple. My point to you is you will never know that the rates gonna change before it has changed. They will not let any clues or signs leak out…
11-21-2019 Intel Guru Frank26 …CBI if you can give me one sentence of what you are doing now…give me one sentence that describes your posture right now. ‘We [CBI] are reducing the physical 3 zero note count with a rate change’
11-21-2019 Intel Guru MarkZ My news out of Zurich is not what most want to hear…they are now expecting their funds the first of next week…but it’s supposed to be an absolute...set time...I did have an interesting conversation with a military contact…it is their understanding that they are now in charge of the roll-out for the US. ...Trump turned it over to the military now…its out of his hands. Trump has Military under soft Marshall Law, meaning they are standing watch over all the Financial people and bankers to ensure they cannot stop this any further... Trump is the first US President who wants this RV to happen...I am treating this as rumor for now…but based on this and news from Zurich , I am not expecting to see anything now until Mon/Tues next week.
11-21-2019 Newshound Guru Jeff …Let’s clear the air…Lower denoms before the rate change. That cannot and will not happen. Reason why? If they release the lower denoms before the rate change it just became a currency devaluation. So again they can not release lower denoms before the rate change…the rate change is like a nucleus. Everything is linked to the nucleus. Once the rate changes that’s when all the dominoes fall…
11-21-2019 Newshound Guru Kaperoni ...Nothing is happening with the dinar until laws are passed and significant investment comes in through the private sector in Iraq.
11-21-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ’S PROTESTS RAISE QUESTION: WHERE DOES THE OIL MONEY GO?" Quote: "IRAQI LEADERS HAVE BEEN UNWILLING SO FAR TO REFORM THE SYSTEM,..." ...So can we all see why not the US govt through the US Treasury is holding up the reinstatement? How can they place all this money into Iraq and then watch it mismanaged and have the dinar only crash afterwards? ...“where is the RV”...It is being purposefully held up because: 1. the CBI wants to move forward but crooked Iranian backed politicians stall it; 2. the US Treasury says not until they learn how to manage their funds, lessen corruption and thus the government is more stable.
11-20-2019 Intel Guru Bruce And then we heard also that the rate - now remember this we have 209 countries and all of those currencies are on the front screens live – they are all on the screens in essentially a ready to go mode – all countries – so I’m excited about that...The only thing we are waiting for is the perfect timing for this to release...We are in great shape - I believe the public start might be Dec 2... everything is ready as far as I can tell...IMO. [post 2 of 2]
11-20-2019 Intel Guru Bruce [via WiserNow] ...I think we are looking really strong right now... I’m not going to go to next week – I’m not going to Thanksgiving or before Christmas or by Christmas – I’m not going to go there – That’s not what I’m hearing -- Other people may be hearing that but not me and we’ve got to the point where that information that we gain from certain of our banks have completely sealed off...Nope, we’re too close and it’s too sensitive to talk about X Y Z – and that’s a great indicator ...sometimes, when you’re this close and it’s a sensitive area – they don’t want leaks – you just suck it up and say you know what -- that’s a good sign - that’s showing us how close this really is... [post 1 of 2....stay tuned]
11-20-2019 Newshound Guru Jeff …a few weeks ago I shared a detail showing that Iraq was stressing the need for transparency going forward and that was stated in an article that transparency was key. That’s what the 2020 budget is all about. The 2020 budget…is the number one thing that has to happen before the RV. The 2020 budget is the financial roadmap to the rate change. Now I have another article saying they are going through the 2018 budget and finalizing all it’s accounts. And they’re going through that 2018 budget with a fine toothed comb to find all the corruption and all the wrongdoing with the money to use this in preparation for the 2020 budget…
11-20-2019 Intel Guru MarkZ Still feels like this is Groundhog day...they are still hearing this is our week- before Thursday morning …they are hearing great things about today. People are in place...positioned and waiting…for what? Is it the circus in DC? Is it Iraq? What are we waiting for? Stay positive... I really think we are at the end of it…
11-20-2019 Newshound Guru Adam Montana Iraq is in a fantastic spot right now. YES, they have had a rough 6 weeks or so. The people have been demanding change, and it looks like they are getting it. The GOI is making real changes to their government structure, Parliament is discussing some necessary actions to reduce corruption, restructure their systems, and make a final push towards recapturing their glory days...I'm sure a lot of people have given up on Iraq recently. Quite honestly - this is good for those of us that have chosen to hang in there...with every "loss" of outside investors, Iraq's obligation to the world decreases, and makes it easier for them to come out with a higher value. The saying goes, "it's always darkest before the dawn". Iraq has seen some dark times. But dawn IS coming... I'm hanging in there, and I'm thankful that you are as well.
11-20-2019 Newshound Guru MilitiaMan [Guru] Frank(26) has spoken to WS [Guru Walkingstick] of late imo and there is indication from that, that the banks maybe or are ready for the citizens with NSCNs (small category notes). ...WS's word "INCOMING" imo means be prepared for what we expect and that is an explosive event. An unprecedented event may have been within that meeting to trigger it... Banks cannot sit on the new money for long! Once the Banks are populated with new currency, they know the story and what it means, imo So do the citizens...imo. [post 2 of 2]
11-20-2019 Newshound Guru MilitiaMan Article: "Parliament is holding an evening session today that may witness an unprecedented event" The writing is on the wall now. They had a evening session that may have witnessed an unprecedented event. The most unprecedented event to occur at this point is possibly two things, firstly, get the lead out and give the go ahead for the CBI to release what was delivered to the banks, to the citizens. Then, have agreements on the future of the GOI... [post 1 of 2...stay tuned]
11-20-2019 Intel Guru Frank26 ….the removal of the 3 zero notes is a first step then the replacement of equal value of these 3 zero notes is occurring IMO right now with a swap of 3 zero notes with new small category notes [with the CBI and banks not citizens yet]. All of this should have been competed by now. The protesting delayed it a little bit…it is still ongoing…these 3 zero notes IMO are being collected and replaced with the same equal value of these small category notes [at bank level]…almost done all across Iraq.
11-20-2019 Intel Guru Bruce [via WiserNow] ...I think we are looking really strong right now... I’m not going to go to next week – I’m not going to Thanksgiving or before Christmas or by Christmas – I’m not going to go there – That’s not what I’m hearing -- Other people may be hearing that but not me and we’ve got to the point where that information that we gain from certain of our banks have completely sealed off...Nope, we’re too close and it’s too sensitive to talk about X Y Z – and that’s a great indicator ...sometimes, when you’re this close and it’s a sensitive area – they don’t want leaks – you just suck it up and say you know what -- that’s a good sign - that’s showing us how close this really is... [post 1 of 2....stay tuned]
11-20-2019 Newshound Guru Jeff …a few weeks ago I shared a detail showing that Iraq was stressing the need for transparency going forward and that was stated in an article that transparency was key. That’s what the 2020 budget is all about. The 2020 budget…is the number one thing that has to happen before the RV. The 2020 budget is the financial roadmap to the rate change. Now I have another article saying they are going through the 2018 budget and finalizing all it’s accounts. And they’re going through that 2018 budget with a fine toothed comb to find all the corruption and all the wrongdoing with the money to use this in preparation for the 2020 budget…
11-20-2019 Intel Guru MarkZ Still feels like this is Groundhog day...they are still hearing this is our week- before Thursday morning …they are hearing great things about today. People are in place...positioned and waiting…for what? Is it the circus in DC? Is it Iraq? What are we waiting for? Stay positive... I really think we are at the end of it…
11-20-2019 Newshound Guru Adam Montana Iraq is in a fantastic spot right now. YES, they have had a rough 6 weeks or so. The people have been demanding change, and it looks like they are getting it. The GOI is making real changes to their government structure, Parliament is discussing some necessary actions to reduce corruption, restructure their systems, and make a final push towards recapturing their glory days...I'm sure a lot of people have given up on Iraq recently. Quite honestly - this is good for those of us that have chosen to hang in there...with every "loss" of outside investors, Iraq's obligation to the world decreases, and makes it easier for them to come out with a higher value. The saying goes, "it's always darkest before the dawn". Iraq has seen some dark times. But dawn IS coming... I'm hanging in there, and I'm thankful that you are as well.
11-20-2019 Newshound Guru MilitiaMan [Guru] Frank(26) has spoken to WS [Guru Walkingstick] of late imo and there is indication from that, that the banks maybe or are ready for the citizens with NSCNs (small category notes). ...WS's word "INCOMING" imo means be prepared for what we expect and that is an explosive event. An unprecedented event may have been within that meeting to trigger it... Banks cannot sit on the new money for long! Once the Banks are populated with new currency, they know the story and what it means, imo So do the citizens...imo. [post 2 of 2]
11-20-2019 Newshound Guru MilitiaMan Article: "Parliament is holding an evening session today that may witness an unprecedented event" The writing is on the wall now. They had a evening session that may have witnessed an unprecedented event. The most unprecedented event to occur at this point is possibly two things, firstly, get the lead out and give the go ahead for the CBI to release what was delivered to the banks, to the citizens. Then, have agreements on the future of the GOI... [post 1 of 2...stay tuned]
11-20-2019 Intel Guru Frank26 ….the removal of the 3 zero notes is a first step then the replacement of equal value of these 3 zero notes is occurring IMO right now with a swap of 3 zero notes with new small category notes [with the CBI and banks not citizens yet]. All of this should have been competed by now. The protesting delayed it a little bit…it is still ongoing…these 3 zero notes IMO are being collected and replaced with the same equal value of these small category notes [at bank level]…almost done all across Iraq.
11-19-2019 Newshound/Intel Guru RVAlready I hope GOI gets the budget done ASAP. I do not think CBI is the holdup.
11-19-2019 Intel Guru Walkingstick (via Frank26) …it matters not that all the banks in Iraq [Do not] have the smaller notes yet. What matters is that the process has started and IMO close to finishing. Then I would ask the question, how long should these small notes stay in the vaults of the Iraqi banks? IMO, not too long. Short term.
11-19-2019 Newshound/Intel Guru Mnt Goat ...there will be no RV or reinstatement of the Iraqi dinar unless they can somehow get the Iranian influence out of the government politics, clean up the corruption. So why all the hype and panic now about these demonstrations? The sky is not falling in on Iraq. What we are witnessing is exactly what needs to take place. The pressure for the demonstrators is causing all these fixes to happen at warp speed. This is all so good for us and our investment. It is happening and we all should be glad and jumping for joy this is now being addressed.
11-19-2019 Intel Guru Frank26 …you know Maliki? His palatial palace they burned it down to the ground. These sweet innocent beautiful Iraqi citizens don’t want to hurt anybody. They don’t want to kill anybody. And they’re not. They just want revenge. And that which was their’s was taken away from them then I think they have the right to destroy what was not given to them. They burnt down Maliki’s house. They brought marshmallows and graham crackers and chocolate and made smores.
11-19-2019 Intel Guru MarkZ I still believe we are in a very good spot. I have a number of people that flew into Reno yesterday for Appointments today...these are for currency exchanges...not currency swaps. I have other folks there that I know in real life with appointments this afternoon through Thursday morning… [...word in Dinarland is that RV is expected by Thanksgiving. Does this mean the public exchange?] Yes that means us…we are the last. Redemption Center people worked part time last weekend...and are at work all week…waiting.
11-19-2019 Intel Guru Delta …now is the best time for them to basically pull the trigger IMO because remember this is what the demonstrators want…and we all know the government is working on the budget and they have in mind to send that budget before the end of the month. If that is the case we should see the rates before that because as they’ve told us this budget is going to be different and it should have the rates in it. This is definitely very interesting and I’m waiting to see the next 24 hours of what’s going to happen and what the Central Bank’s next move is going to be and that’s going to give us a window of what’s going on there…
11-19-2019 Intel Guru Frank26 …The banks are wound up so tight just one breath from the CBI is going to set off giving the citizens IMO the smaller notes because there has been a change to the American dollar in the auctions. If that is true then that means an exchange rate has occurred…It is the only way we could have done that is if they made a change to the exchange rate of their currency. And I believe they are about to make an announcement but first we’ve got to get the pictures and we’ve got to get the descriptions…
11-19-2019 Newshound/Intel Guru Mnt Goat ...We also just heard this morning 11/18/19 that parliament is going to vote on some needed legislation in regards to these demands. Then out popped an article telling us that the 2020 budget will reach parliament in the next few days or so for the first vote. Oh - boy this could get interesting real fast. But the budget has an implementation date of Jan 1st 2020. Why? Because their fiscal year begins on Jan 1st... The first quarter of their fiscal year is the BEST time to reinstate the currency. ...looks like our early January 2020 date creeps up again. ...I am keeping my fingers and toes crossed this time this is finally the beginning of the end of this Iraqi dinar RV ride. [post 2 of 2]
11-19-2019 Newshound/Intel Guru Mnt Goat ...Did the CBI just end the currency auctions? …Let this news play out and see if, in fact, the currency auctions do continue and are picked back up and the buy and sell rates change. Or will this finally be the end and the reinstatement is just around the corner? ...if they are exchanging very limited dinars for US dollars via the currency auctions, then how can the banks continue in business? Could this mean "reinstatement" time...finally to get out of this situation? We know this was on the very first list of demands from the demonstrators so let's see what happens. [post 1 of 2....stay tuned]
11-19-2019 Intel Guru Walkingstick (via Frank26) …it matters not that all the banks in Iraq [Do not] have the smaller notes yet. What matters is that the process has started and IMO close to finishing. Then I would ask the question, how long should these small notes stay in the vaults of the Iraqi banks? IMO, not too long. Short term.
11-19-2019 Newshound/Intel Guru Mnt Goat ...there will be no RV or reinstatement of the Iraqi dinar unless they can somehow get the Iranian influence out of the government politics, clean up the corruption. So why all the hype and panic now about these demonstrations? The sky is not falling in on Iraq. What we are witnessing is exactly what needs to take place. The pressure for the demonstrators is causing all these fixes to happen at warp speed. This is all so good for us and our investment. It is happening and we all should be glad and jumping for joy this is now being addressed.
11-19-2019 Intel Guru Frank26 …you know Maliki? His palatial palace they burned it down to the ground. These sweet innocent beautiful Iraqi citizens don’t want to hurt anybody. They don’t want to kill anybody. And they’re not. They just want revenge. And that which was their’s was taken away from them then I think they have the right to destroy what was not given to them. They burnt down Maliki’s house. They brought marshmallows and graham crackers and chocolate and made smores.
11-19-2019 Intel Guru MarkZ I still believe we are in a very good spot. I have a number of people that flew into Reno yesterday for Appointments today...these are for currency exchanges...not currency swaps. I have other folks there that I know in real life with appointments this afternoon through Thursday morning… [...word in Dinarland is that RV is expected by Thanksgiving. Does this mean the public exchange?] Yes that means us…we are the last. Redemption Center people worked part time last weekend...and are at work all week…waiting.
11-19-2019 Intel Guru Delta …now is the best time for them to basically pull the trigger IMO because remember this is what the demonstrators want…and we all know the government is working on the budget and they have in mind to send that budget before the end of the month. If that is the case we should see the rates before that because as they’ve told us this budget is going to be different and it should have the rates in it. This is definitely very interesting and I’m waiting to see the next 24 hours of what’s going to happen and what the Central Bank’s next move is going to be and that’s going to give us a window of what’s going on there…
11-19-2019 Intel Guru Frank26 …The banks are wound up so tight just one breath from the CBI is going to set off giving the citizens IMO the smaller notes because there has been a change to the American dollar in the auctions. If that is true then that means an exchange rate has occurred…It is the only way we could have done that is if they made a change to the exchange rate of their currency. And I believe they are about to make an announcement but first we’ve got to get the pictures and we’ve got to get the descriptions…
11-19-2019 Newshound/Intel Guru Mnt Goat ...We also just heard this morning 11/18/19 that parliament is going to vote on some needed legislation in regards to these demands. Then out popped an article telling us that the 2020 budget will reach parliament in the next few days or so for the first vote. Oh - boy this could get interesting real fast. But the budget has an implementation date of Jan 1st 2020. Why? Because their fiscal year begins on Jan 1st... The first quarter of their fiscal year is the BEST time to reinstate the currency. ...looks like our early January 2020 date creeps up again. ...I am keeping my fingers and toes crossed this time this is finally the beginning of the end of this Iraqi dinar RV ride. [post 2 of 2]
11-19-2019 Newshound/Intel Guru Mnt Goat ...Did the CBI just end the currency auctions? …Let this news play out and see if, in fact, the currency auctions do continue and are picked back up and the buy and sell rates change. Or will this finally be the end and the reinstatement is just around the corner? ...if they are exchanging very limited dinars for US dollars via the currency auctions, then how can the banks continue in business? Could this mean "reinstatement" time...finally to get out of this situation? We know this was on the very first list of demands from the demonstrators so let's see what happens. [post 1 of 2....stay tuned]
11-18-2019 ** Dinar Guru Community Update ** Longtime Guru OkieTheOilMan has been struggling with health issues over the last few years and is now in the hospital again. Please include him and his family in your thoughts and prayers today... [The latest guru post will continue below...]
11-18-2019 Intel Guru Delta ...MSG FROM DEMONSTRATOR TO EVERY IRAQI... "Baghdad will leave the title of the worst city in the world. Your passport will regain its prestige, and your dinar will be revalued. Your children will have a better future than yours. The peoples of the earth will respect you and no one will dare to despise you, if you decide to do so and insist on it...the victory of one Iraq"
11-18-2019 Newshound/Intel Guru Mnt Goat Article: "WHY DOES IRAN HATE IRAQ’S UPRISING?" ...I have been the ONLY single person out in this dinar community that has been telling everyone for years that unless the Iranian influence is GONE from Iraq their will be no RV. So now we see it playing out finally coming to a head. This needed to happen to transition away from Iran. This process had to begin and now we must wait and watch it all play out before the CBI makes its next move.
11-18-2019 Intel Guru MarkZ [via PDK] Things got very quiet last night and I really expected 800 numbers by this morning…so I am a little disappointed. I have heard of a number of people have been called in to be flown to Reno today bringing their currency…more flying in this afternoon as well …These are people I know in real life... Hopefully I will get a great update soon... Iraq is very quiet from my contacts right now. Maybe because of all the rioting in Iran. [...do you think the RV will happen before the end of 2019?] Yes I do...I think there is a huge effort every day to get this rolled out...they will keep trying imo until it is successful...so I expect it every day.
11-18-2019 Newshound Guru Jeff ...the budget. Let's talk about what's inside it because it's very important...Baghdad and Kurdistan are meeting to resolve numbers and math within the budget pertaining to Article 140 the HCL and now they're telling you that reconstruction is in the budget and reforms are in the budget. All those items are post rate change items...Because every single one of those items are within the 2020 budget this means they're also waiting on the 2020 budget...notice how all of those items are items that are being promised to the citizens in regards to the demonstrations but yet they're also waiting on the 2020 budget...that means they can't wait too long to get them implemented...
11-18-2019 Newshound Guru MilitiaMan Article: "An economist depends on the return of Iraq to its place the continued cohesion of the demonstrators" Let’s see them cool off the demonstrations to the level needed to maintain cohesion amongst themselves and have Iraq now provide the purchase power that will support their national spirit. As the economists suggests it can be done in record time.. Sounds good to me.
11-18-2019 Newshound/Intel Guru Mnt Goat Article: "WHY DOES IRAN HATE IRAQ’S UPRISING?" ...I have been the ONLY single person out in this dinar community that has been telling everyone for years that unless the Iranian influence is GONE from Iraq their will be no RV. So now we see it playing out finally coming to a head. This needed to happen to transition away from Iran. This process had to begin and now we must wait and watch it all play out before the CBI makes its next move.
11-18-2019 Intel Guru MarkZ [via PDK] Things got very quiet last night and I really expected 800 numbers by this morning…so I am a little disappointed. I have heard of a number of people have been called in to be flown to Reno today bringing their currency…more flying in this afternoon as well …These are people I know in real life... Hopefully I will get a great update soon... Iraq is very quiet from my contacts right now. Maybe because of all the rioting in Iran. [...do you think the RV will happen before the end of 2019?] Yes I do...I think there is a huge effort every day to get this rolled out...they will keep trying imo until it is successful...so I expect it every day.
11-18-2019 Newshound Guru Jeff ...the budget. Let's talk about what's inside it because it's very important...Baghdad and Kurdistan are meeting to resolve numbers and math within the budget pertaining to Article 140 the HCL and now they're telling you that reconstruction is in the budget and reforms are in the budget. All those items are post rate change items...Because every single one of those items are within the 2020 budget this means they're also waiting on the 2020 budget...notice how all of those items are items that are being promised to the citizens in regards to the demonstrations but yet they're also waiting on the 2020 budget...that means they can't wait too long to get them implemented...
11-18-2019 Newshound Guru MilitiaMan Article: "An economist depends on the return of Iraq to its place the continued cohesion of the demonstrators" Let’s see them cool off the demonstrations to the level needed to maintain cohesion amongst themselves and have Iraq now provide the purchase power that will support their national spirit. As the economists suggests it can be done in record time.. Sounds good to me.
11-17-2019 Newshound Guru Jeff Article "The sale of dollars in the central bank stopped blocking the arrival of large fake funds to Iran". Very huge. They are saying that CBI stop selling dollars and new measures...the only way they can stop the auction [is] if they change the rate.
11-17-2019 Intel Guru RayRen98 Iraq TV reports that halting the sale of the US dollar in the auctions by the CBI has ended millions of fake funds to Iran indicating that those funds could build 200 schools and 50 hospitals per year. Cheers of excitement were heard by the crowds of protestors as they watched the message on the big screens. The citizens are saying that this is a start and that they want a complete end of all auctions and to have accountability for the deaths and the disposition of the oil revenues. ...The US Secretary made statements to the people of Iraq informing them that the US will hold liable all corrupt persons that stole money belonging to the citizens. This message was broadcast on the big screens to calm the crowd.
11-17-2019 Intel Guru Delta Article: "The sale of dollars in the central bank stopped blocking the arrival of large fake funds to Iran" ...VERY HUGE ...THEY ARE SAYING THAT CBI STOP SELLING DOLLARS AND NEW MEASURES ...THE ONLY WAY THEY CAN STOP THE AUCTION IF THEY CHANGE THE RATE.... IMO THIS WEEK MIGHT BE IT ...WE SHOULD FIND OUT IN THE NEXT 24-48 HRS THE NEXT MOVE FOR CBI..
11-17-2019 Newshound/Intel Guru Randy Koonce ...Iraq is NOT going to do a LOP. Forget any talk about a LOP... The unrest in Iraq is not a factor in when this is going to be released. It is not going to stop it, and President Trump recognizes that the only way to stop the unrest...Is to release the RV. He's working on it!! Know that!! The controlling factor in when this is going to happen is the US. Nothing else matters. US!! Period. [post 4 of 4]
11-17-2019 Newshound/Intel Guru Randy Koonce ...What I know for a fact is that President Trump is trying to get this released, in spite of tremendous opposition from the Democrats, who do not want this to happen. The reason for the 'extended' window is because of our current political environment. ...This is a currency, whose value prior to the Iraqi war was worth $2.65. It will be worth that again, and more because there are more assets in Iraq now than before. This is going to happen! The only question is when. [post 3 of 4....stay tuned]
11-17-2019 Newshound/Intel Guru Randy Koonce It is my understand that President Trump wants this done 'now'. But we do not know how long 'now' might take to complete. It is entirely possible that Thanksgiving 2019 could be one for the books. But, as we ALL have learned, things can change the direction of this in a heartbeat. So, while we have very good information right now, it is important that everyone remain grounded and focused on the long game. While we could have a lot to be thankful for at Thanksgiving this year, it also could be a New Year's to remember. ...at some point, in the very near future, we are going to have a lot for which to be very grateful. [post 2 of 4....stay tuned]
11-17-2019 Newshound/Intel Guru Randy Koonce ... None of us knew that the Dinar Days of our Lives was going to run this long!! ...none of us ever anticipated the political football this 'project' has become. There is an abundance of evidence that this 'event' should have taken place many years ago. But, here we are. Still punting the dinar football! The latest information that has come to me indicates that we are, once again, in a very hot window. This window is open as we speak, and will remain open and hot through the end of the year. Please pay attention!! Now. To the end of the year. And I am hoping 'sooner than later.' [post 1 of 4....stay tuned]
11-17-2019 Newshound Guru Jeff …we have seen more articles since July talking about article 140 and HCL more than we ever have in history. And those types of steps and actions would strongly confirm that we’re right on the edge of this. But like I said time is a factor…this is not a get rich overnight kind of thing...
11-17-2019 Intel Guru RayRen98 Iraq TV reports that halting the sale of the US dollar in the auctions by the CBI has ended millions of fake funds to Iran indicating that those funds could build 200 schools and 50 hospitals per year. Cheers of excitement were heard by the crowds of protestors as they watched the message on the big screens. The citizens are saying that this is a start and that they want a complete end of all auctions and to have accountability for the deaths and the disposition of the oil revenues. ...The US Secretary made statements to the people of Iraq informing them that the US will hold liable all corrupt persons that stole money belonging to the citizens. This message was broadcast on the big screens to calm the crowd.
11-17-2019 Intel Guru Delta Article: "The sale of dollars in the central bank stopped blocking the arrival of large fake funds to Iran" ...VERY HUGE ...THEY ARE SAYING THAT CBI STOP SELLING DOLLARS AND NEW MEASURES ...THE ONLY WAY THEY CAN STOP THE AUCTION IF THEY CHANGE THE RATE.... IMO THIS WEEK MIGHT BE IT ...WE SHOULD FIND OUT IN THE NEXT 24-48 HRS THE NEXT MOVE FOR CBI..
11-17-2019 Newshound/Intel Guru Randy Koonce ...Iraq is NOT going to do a LOP. Forget any talk about a LOP... The unrest in Iraq is not a factor in when this is going to be released. It is not going to stop it, and President Trump recognizes that the only way to stop the unrest...Is to release the RV. He's working on it!! Know that!! The controlling factor in when this is going to happen is the US. Nothing else matters. US!! Period. [post 4 of 4]
11-17-2019 Newshound/Intel Guru Randy Koonce ...What I know for a fact is that President Trump is trying to get this released, in spite of tremendous opposition from the Democrats, who do not want this to happen. The reason for the 'extended' window is because of our current political environment. ...This is a currency, whose value prior to the Iraqi war was worth $2.65. It will be worth that again, and more because there are more assets in Iraq now than before. This is going to happen! The only question is when. [post 3 of 4....stay tuned]
11-17-2019 Newshound/Intel Guru Randy Koonce It is my understand that President Trump wants this done 'now'. But we do not know how long 'now' might take to complete. It is entirely possible that Thanksgiving 2019 could be one for the books. But, as we ALL have learned, things can change the direction of this in a heartbeat. So, while we have very good information right now, it is important that everyone remain grounded and focused on the long game. While we could have a lot to be thankful for at Thanksgiving this year, it also could be a New Year's to remember. ...at some point, in the very near future, we are going to have a lot for which to be very grateful. [post 2 of 4....stay tuned]
11-17-2019 Newshound/Intel Guru Randy Koonce ... None of us knew that the Dinar Days of our Lives was going to run this long!! ...none of us ever anticipated the political football this 'project' has become. There is an abundance of evidence that this 'event' should have taken place many years ago. But, here we are. Still punting the dinar football! The latest information that has come to me indicates that we are, once again, in a very hot window. This window is open as we speak, and will remain open and hot through the end of the year. Please pay attention!! Now. To the end of the year. And I am hoping 'sooner than later.' [post 1 of 4....stay tuned]
11-17-2019 Newshound Guru Jeff …we have seen more articles since July talking about article 140 and HCL more than we ever have in history. And those types of steps and actions would strongly confirm that we’re right on the edge of this. But like I said time is a factor…this is not a get rich overnight kind of thing...
11-16-2019 Newshound/Intel Guru RVAlready I see this driven to quick conclusion by at least 3 drivers: Iraq protestors need an RV, imminent implosion of fed fiat money system, and possible implosion of derivatives market. We shall see what the future brings. Hopefully, an RV - and soon.
11-16-2019 Newshound Guru Jeff …what Iraq is showing you through their actions is they are waiting on something for the rate change. They’re waiting as you and I are. Their actions show you that. What are they waiting on? Who’s in charge? That’s real easy. Look at who’s throwing their power around. Look at who’s doing the most…who shed blood for Iraq? Who poured trillions of dollars into Iraq? Who’s flexing their muscles around the world? …It’s Donald Trump’s in charge of the timing of the rate change and I promise you he has an agenda…
11-16-2019 Newshound Guru larryk I fine it funny how some gurus are saying this will happen any day now. But if you look at what is going on , I doubt that will happen.
11-16-2019 Newshound/Intel Guru Mnt Goat Article: "THE FILE AUCTION CURRENCY OF THE MOST CORRUPT FILES IN IRAQ" ...so here we hear the same old, same old, same old complaining about the currency auctions and how much money is being stolen from the Iraqi people. Can you see why now the protestors are demanding these auctions to end? Will they get their demands met? To me it seems they MUST get their demands met and this is one of the critical demands. Remember this demand was on their FIRST list of demands.
11-16-2019 Newshound Guru Kaperoni In order for the dinar to appreciate in value the CBI needs a reason to raise the value. That reason is an increase in GDP, and inflationary pressure created from significant investment capital. Only then will the CBI move off the peg and allow the dinar to rise via a float.
11-16-2019 Intel Guru Bruce [via WiserNow] ...Now, you know we can’t call it and we’re not going to do that but I am very positive about what I received today and the sources that I got it from are very very strong - so we feel good about this...I just think we are finally at the point where all the currencies have been migrated - from the back screen and front screens – rates are solid... so I think we are finally at the precipice where we are ready to make that leap...So, I want to say guys that we are pretty much from what I can tell and from what I’m hearing and what I am expecting at the end of this incredible journey...
11-16-2019 Newshound Guru Jeff …what Iraq is showing you through their actions is they are waiting on something for the rate change. They’re waiting as you and I are. Their actions show you that. What are they waiting on? Who’s in charge? That’s real easy. Look at who’s throwing their power around. Look at who’s doing the most…who shed blood for Iraq? Who poured trillions of dollars into Iraq? Who’s flexing their muscles around the world? …It’s Donald Trump’s in charge of the timing of the rate change and I promise you he has an agenda…
11-16-2019 Newshound Guru larryk I fine it funny how some gurus are saying this will happen any day now. But if you look at what is going on , I doubt that will happen.
11-16-2019 Newshound/Intel Guru Mnt Goat Article: "THE FILE AUCTION CURRENCY OF THE MOST CORRUPT FILES IN IRAQ" ...so here we hear the same old, same old, same old complaining about the currency auctions and how much money is being stolen from the Iraqi people. Can you see why now the protestors are demanding these auctions to end? Will they get their demands met? To me it seems they MUST get their demands met and this is one of the critical demands. Remember this demand was on their FIRST list of demands.
11-16-2019 Newshound Guru Kaperoni In order for the dinar to appreciate in value the CBI needs a reason to raise the value. That reason is an increase in GDP, and inflationary pressure created from significant investment capital. Only then will the CBI move off the peg and allow the dinar to rise via a float.
11-16-2019 Intel Guru Bruce [via WiserNow] ...Now, you know we can’t call it and we’re not going to do that but I am very positive about what I received today and the sources that I got it from are very very strong - so we feel good about this...I just think we are finally at the point where all the currencies have been migrated - from the back screen and front screens – rates are solid... so I think we are finally at the precipice where we are ready to make that leap...So, I want to say guys that we are pretty much from what I can tell and from what I’m hearing and what I am expecting at the end of this incredible journey...
11-15-2019 Intel Guru Delta [Security and stability for the reinstatement] THIS TIME IS THE OTHER WAY AROUND...REINSTATEMENT FOR SECURITY AND STABILITY...CBI IS MOVING FORWARD AND IMO NEXT WEEK SHOULD BE SOOOOOOOO HOT...
11-15-2019 Intel Guru MarkZ [via PDK] [Do you expect 800 numbers by this weekend?] Based on overseas appointments, sources and intel…i hope we see them by tomorrow. Redemption Center people...are usually just on call during the weekend…but this weekend they are told they will be working...I take that as a very good sign. I am looking for a very busy weekend... I still think we are in a golden spot, in a perfect storm for this to happen at anytime. IMO.
11-15-2019 Newshound/Intel Guru Mnt Goat ...this currency auctions reform is not going to go away either unless they address it and do it very soon. No- they don’t need the protesting to end prior to ending the currency auctions. All they need to so is continue with the project to delete the zeros, pop out the new promised rate and move forward with the reinstatement. Certainly pressure from the US is going to let them do it now. [post 2 of 2]
11-15-2019 Newshound/Intel Guru Mnt Goat Article: "UN EFFORTS TO PRESS THE GOVERNMENT TO ADOPT MAJOR REFORMS WITHIN THREE MONTHS TO FACE THE PROTESTS" Just so you know…stopping the currency auctions is one of these “major” reforms they are talking about [in] this article... They can give money to housing units that are unfinished and even improve roads, etc,, but this one they can’t escape. Seems so far, all the “reforms” they promised are like bribes just to shut the protestors up...Oh – but it’s not going to work this time. [post 1 of 2....stay tuned]
11-15-2019 Newshound Guru Vital Brad IMO Iraq’s currency, they’re gonna come out of their war torn status. They’re working on it and their currency will be reinstated…we’re in an amazing position. Come second quarter next year. I’m feeling really good about that time frame.
11-15-2019 Intel Guru Frank26 [via Iobey777] LET'SEE WHAT HAPPENS ON THE WEEKEND...NEXT WEEK I SEE THAT GOV'T COMPLETELY STRIPPED...THIS WEEKEND, I SEE THE CBI TALKING... IMO...I'VE ALWAYS TOLD YOU IT WOULD BE ON A SUNDAY...REMEMBER I TOLD YOU THAT A LONG TIME AGO...SO IF SUNDAY COMES AND ALL THE BANKS ARE CLOSED..THEN MONDAY WOULD BE THE LOGICAL TIME TO MAKE AN ANNOUNCEMENT...WE'LL SEE WHAT HAPPENS...
11-15-2019 Intel Guru MarkZ [via PDK] [Do you expect 800 numbers by this weekend?] Based on overseas appointments, sources and intel…i hope we see them by tomorrow. Redemption Center people...are usually just on call during the weekend…but this weekend they are told they will be working...I take that as a very good sign. I am looking for a very busy weekend... I still think we are in a golden spot, in a perfect storm for this to happen at anytime. IMO.
11-15-2019 Newshound/Intel Guru Mnt Goat ...this currency auctions reform is not going to go away either unless they address it and do it very soon. No- they don’t need the protesting to end prior to ending the currency auctions. All they need to so is continue with the project to delete the zeros, pop out the new promised rate and move forward with the reinstatement. Certainly pressure from the US is going to let them do it now. [post 2 of 2]
11-15-2019 Newshound/Intel Guru Mnt Goat Article: "UN EFFORTS TO PRESS THE GOVERNMENT TO ADOPT MAJOR REFORMS WITHIN THREE MONTHS TO FACE THE PROTESTS" Just so you know…stopping the currency auctions is one of these “major” reforms they are talking about [in] this article... They can give money to housing units that are unfinished and even improve roads, etc,, but this one they can’t escape. Seems so far, all the “reforms” they promised are like bribes just to shut the protestors up...Oh – but it’s not going to work this time. [post 1 of 2....stay tuned]
11-15-2019 Newshound Guru Vital Brad IMO Iraq’s currency, they’re gonna come out of their war torn status. They’re working on it and their currency will be reinstated…we’re in an amazing position. Come second quarter next year. I’m feeling really good about that time frame.
11-15-2019 Intel Guru Frank26 [via Iobey777] LET'SEE WHAT HAPPENS ON THE WEEKEND...NEXT WEEK I SEE THAT GOV'T COMPLETELY STRIPPED...THIS WEEKEND, I SEE THE CBI TALKING... IMO...I'VE ALWAYS TOLD YOU IT WOULD BE ON A SUNDAY...REMEMBER I TOLD YOU THAT A LONG TIME AGO...SO IF SUNDAY COMES AND ALL THE BANKS ARE CLOSED..THEN MONDAY WOULD BE THE LOGICAL TIME TO MAKE AN ANNOUNCEMENT...WE'LL SEE WHAT HAPPENS...
11-14-2019 Intel Guru MarkZ [Will the banks take a fee for exchanging us?] I hear that the fee is already built into the exchange... pre-negotiated...and we won’t even see it on our end…
11-14-2019 Newshound/Intel Guru RVAlready IMO, CBI needs to implement the RV and stop the auctions right away. Then they can hold elections and replace the corrupt.
11-14-2019 Intel Guru Frank26 There are meetings going on and they’re very powerful meetings and they’re continuous meetings and they are the right meetings. The IMF, US Treasury and the CBI are in constant communication within the last few days. They have small delegations that represent both sides, talk, and then they meet again…the links are all meeting up very nicely…it’s a constant thing we’ve been seeing over the last few days…
11-14-2019 Intel Guru MarkZ The news is all over the place…but imo it’s all good...I believe we are absolutely in the middle of the exchange process. We just do not know what the entire process is…My Redemption contacts today believe...800 numbers late this evening...It is all coming together guys…we are in the perfect window...
11-14-2019 Newshound Guru Jeff Article “Sources talk about the formation of the first Iraqi government without parties” …Mahdi’s gonna replace the entire cabinet between now through December with non-biased parties… Quote “Mahdi is about to announce a cabinet reshuffle for his entire cabinet…all new faces do not belong to any party…the cabinet includes many young graduates and three women. Mahdi plans to submit the names to parliament in three stages. The last of which will end in early December…”
11-14-2019 Newshound/Intel Guru Mnt Goat Demonstrators in Tahrir Square in central Baghdad on Wednesday issued a statement calling for a million-strong demonstration on Friday Nov 15th and the dismissal of the government of "snipers" in reference to the government of Iraq and the shooting of innocent civilians. ...so here we sit and more than a month already of protesting. Like I told everyone the protestors are only going to get stronger and stronger as time passed if reforms are not completed according to their demands.
11-14-2019 Newshound/Intel Guru RVAlready IMO, CBI needs to implement the RV and stop the auctions right away. Then they can hold elections and replace the corrupt.
11-14-2019 Intel Guru Frank26 There are meetings going on and they’re very powerful meetings and they’re continuous meetings and they are the right meetings. The IMF, US Treasury and the CBI are in constant communication within the last few days. They have small delegations that represent both sides, talk, and then they meet again…the links are all meeting up very nicely…it’s a constant thing we’ve been seeing over the last few days…
11-14-2019 Intel Guru MarkZ The news is all over the place…but imo it’s all good...I believe we are absolutely in the middle of the exchange process. We just do not know what the entire process is…My Redemption contacts today believe...800 numbers late this evening...It is all coming together guys…we are in the perfect window...
11-14-2019 Newshound Guru Jeff Article “Sources talk about the formation of the first Iraqi government without parties” …Mahdi’s gonna replace the entire cabinet between now through December with non-biased parties… Quote “Mahdi is about to announce a cabinet reshuffle for his entire cabinet…all new faces do not belong to any party…the cabinet includes many young graduates and three women. Mahdi plans to submit the names to parliament in three stages. The last of which will end in early December…”
11-14-2019 Newshound/Intel Guru Mnt Goat Demonstrators in Tahrir Square in central Baghdad on Wednesday issued a statement calling for a million-strong demonstration on Friday Nov 15th and the dismissal of the government of "snipers" in reference to the government of Iraq and the shooting of innocent civilians. ...so here we sit and more than a month already of protesting. Like I told everyone the protestors are only going to get stronger and stronger as time passed if reforms are not completed according to their demands.
11-13-2019 Intel Guru Frank26 IMO there is only so much time left for what I call a ‘receipts schedule’…watch once again but this time watch the reinstatement and the CBI travel at a much faster speed than we have ever seen…this receipt schedule is not a piece of paper. It’s a date. Were the lower denoms delivered? Oh, hell yes! IMO they were delivered…Allaq is still pounding for a suitable environment…watch the speed of return…
11-13-2019 Intel Guru MarkZ [via PDK] [What happened to China taking over?] I think they are very much at the helm…but not completely taken over…they still need the US…. and that’s why things are moving now... At redemption centers…they are ramped up and expecting a long weekend of exchanging folks. I really think we are going to see it in the next few days at our level. Noone knows the exact date...all we can do is guess based on sources, intel and world news.
11-13-2019 Newshound Guru Adam Montana The good news is that I see lots of good reasons to come back with more updates before next Wednesday... It looks like the protest situation is coming to a head, all while budgetary and other government issues are also moving forward. The US is putting pressure on Iraq to do something about the protests, which really means the US is putting pressure on Iraq to get their butts in gear...the Iraqis are grumbling about "US interference", but the fact of the matter is this: if the US is putting pressure on them, they are going to do something. And they are going to do something that moves Iraq in the direction we want, and it's not going to drag out forever. Personally, I see that as a positive sign and I'm looking forward to the next week... We are looking at a positive situation, friends. I'll be back with more as it develops - hopefully even before the weekend, if the rumors I'm hearing are correct. This can all come to a head very quickly.
11-13-2019 Intel Gurus Walkingstick & Frank26 A ultimatum has been issued. A warning to Mahdi from the United Nations…that within the next couple of days-weeks to meet all the demands of the protesters and stop firing on them because “daddy” is home. ‘Hey, elite Iranian forces make our day because our troops are watching every move you make as of now.’ …[Guru Walkingstick] You know who is asking the United Nations to do this? We are. No Sir. It’s the Iraqi people. [Guru] Frank you understand the importance of that? We’re not infidels we’re heroes. This is brilliant! …this is very unique because they are asking us to come into their country and that has not happened since God knows when…
11-13-2019 Newshound Guru Vital Brad ...parliament met on Sunday and passed new election laws…it lowers the age to be president down to 25 and lowered the number of house of representatives…they want to get the corrupt government [out]…There was still a lot of protesters blocking roads, blocking bridges. They’re still not happy. Nothing really happened to change their circumstances…There’s a lot in the dinar community that believe this revaluation is gonna happen any time now and that’s the key that these Iraq people are wanting and missing is some wealth. They’ve been stripped of everything since the war…if their currency was reinstated that would change everything…some people are saying November is a very good window for this to happen and they’ve met all the requirements so realistically it could happen any time…
11-13-2019 Intel Guru Frank26 IMO an ultimatum has been given to Mahdi because as of Sunday United States troops are now in Iraq in strategic positions providing security. They are starting in the green zone and they are also protecting the banks in the green zone. They’re protecting the CBI. The troops are also doing one other thing. Protecting the citizens of Iraq…U.S. troops are looking at Mahdi. Looking at Mahdi’s forces to keep them in check…So he [Trump] moved the troops like a chess piece…Mahdi you had a chance and blew it. Now we’re going to give you one more chance. Give those people what they are asking for. NOW.
11-13-2019 Newshound Guru Jeff Article “Secretariat of Council of Ministers: Adding allocations for reform packages to the budget of 2020 without moving the doors” …I have an article that tells you the reforms are in the 2020 budget. That’s huge…remember most of the major reforms are post rate change steps…notice how I told you the rate cannot change until after the 2020 budget because of what’s inside of it. This is huge. I hope you’re seeing how important the 2020 budget is…they’re telling you from many different angles how important this budget is and how much post rate change money is inside the 2020 budget.
11-13-2019 Intel Guru MarkZ [via PDK] [What happened to China taking over?] I think they are very much at the helm…but not completely taken over…they still need the US…. and that’s why things are moving now... At redemption centers…they are ramped up and expecting a long weekend of exchanging folks. I really think we are going to see it in the next few days at our level. Noone knows the exact date...all we can do is guess based on sources, intel and world news.
11-13-2019 Newshound Guru Adam Montana The good news is that I see lots of good reasons to come back with more updates before next Wednesday... It looks like the protest situation is coming to a head, all while budgetary and other government issues are also moving forward. The US is putting pressure on Iraq to do something about the protests, which really means the US is putting pressure on Iraq to get their butts in gear...the Iraqis are grumbling about "US interference", but the fact of the matter is this: if the US is putting pressure on them, they are going to do something. And they are going to do something that moves Iraq in the direction we want, and it's not going to drag out forever. Personally, I see that as a positive sign and I'm looking forward to the next week... We are looking at a positive situation, friends. I'll be back with more as it develops - hopefully even before the weekend, if the rumors I'm hearing are correct. This can all come to a head very quickly.
11-13-2019 Intel Gurus Walkingstick & Frank26 A ultimatum has been issued. A warning to Mahdi from the United Nations…that within the next couple of days-weeks to meet all the demands of the protesters and stop firing on them because “daddy” is home. ‘Hey, elite Iranian forces make our day because our troops are watching every move you make as of now.’ …[Guru Walkingstick] You know who is asking the United Nations to do this? We are. No Sir. It’s the Iraqi people. [Guru] Frank you understand the importance of that? We’re not infidels we’re heroes. This is brilliant! …this is very unique because they are asking us to come into their country and that has not happened since God knows when…
11-13-2019 Newshound Guru Vital Brad ...parliament met on Sunday and passed new election laws…it lowers the age to be president down to 25 and lowered the number of house of representatives…they want to get the corrupt government [out]…There was still a lot of protesters blocking roads, blocking bridges. They’re still not happy. Nothing really happened to change their circumstances…There’s a lot in the dinar community that believe this revaluation is gonna happen any time now and that’s the key that these Iraq people are wanting and missing is some wealth. They’ve been stripped of everything since the war…if their currency was reinstated that would change everything…some people are saying November is a very good window for this to happen and they’ve met all the requirements so realistically it could happen any time…
11-13-2019 Intel Guru Frank26 IMO an ultimatum has been given to Mahdi because as of Sunday United States troops are now in Iraq in strategic positions providing security. They are starting in the green zone and they are also protecting the banks in the green zone. They’re protecting the CBI. The troops are also doing one other thing. Protecting the citizens of Iraq…U.S. troops are looking at Mahdi. Looking at Mahdi’s forces to keep them in check…So he [Trump] moved the troops like a chess piece…Mahdi you had a chance and blew it. Now we’re going to give you one more chance. Give those people what they are asking for. NOW.
11-13-2019 Newshound Guru Jeff Article “Secretariat of Council of Ministers: Adding allocations for reform packages to the budget of 2020 without moving the doors” …I have an article that tells you the reforms are in the 2020 budget. That’s huge…remember most of the major reforms are post rate change steps…notice how I told you the rate cannot change until after the 2020 budget because of what’s inside of it. This is huge. I hope you’re seeing how important the 2020 budget is…they’re telling you from many different angles how important this budget is and how much post rate change money is inside the 2020 budget.
11-13-2019 *** Dinar Guru Dinar Rate UPDATE *** Yesterday's CBI rate update has the official exchange rate back within 2% of the market rate! The rates were outside of the "2% rule" for 3 days. [Reference Dinar Guru Update on 11-11-2019 below for details]. It's unclear if 3 days is enough to knock the dinar out of compliance or not. At this point the gurus don't know if the IMF rules require a daily "within 2% spread" for compliance or if it's based on a weekly or monthly average. The dinar has been in compliance for over a year in a half before this 3 day slide. Stay tuned as the gurus chime in on how all this works and the significance of this dinar development. [You can always see the latest CBI reported market and official rate on the left of this page.] The latest guru post will continue below...
11-12-2019 Intel Guru MarkZ [via PDK] We are still being told the currencies we have will all be in the first basket... The big winners I am told of course are iran, Iraq, Indonisia, VND and Zim...According to all my banking sources we have been on the verge of “go” all day…this is from all of my banking sources…the expectation was it should have been out the door this morning but due to a security concern at one location…it wasn’t. They were just told they could go home tonight…but be on standby to come back in...We are on a minute to minute watch right now.
11-12-2019 Intel Guru Frank26 …some guru told you that they’re off of compliance by 2%. Look, I’m sorry, ye of little knowledge. The 2% compliance can fluctuate plus or minus even up to about 3 days in both directions. So about a week of fluctuations is normal…the auctions did the same thing but they came back very quickly. No problems…as far as redoing the compliance for 90 days that’s guru BS. Even under these circumstances of demonstrations and killings the CBI was still able to keep the exchange rate stable. That’s important…do you think they have proved to the IMF that they can maintain a 2% compliance variance? Of course they can. Just because they went off the 2% for a day or two that doesn’t mean anything. They’re not gonna have to start over…
11-12-2019 Intel/Newshound Guru tman23 I posted, early October that I was told November 13 was said ... planned to be the biggest movement of wealth in world history... I also didn’t want to tie it to dinar but was hopeful that the possibility existed... I wait to see what happens tomorrow too...but only reason I posted it is ... very credible person and it wasn’t dinar related... I’m hoping for everyone that there is a connection.
11-12-2019 Newshound/Intel Guru Mnt Goat Article quote: "Iraqi Prime Minister Adel Abdul Mahdi said on last Tuesday his government would not respond to demonstrators’ demands to resign without a “smooth and swift” alternative." ...the prime minister of Iraq Mahdi, has not left his position... The recent news from Iraq told us Mahdi would and could accept a peaceful transition to a new PM for the sake of keep law and order...Mahdi also spelled out the conditions under which he would resign...Then Mutada al-Sadr has even come out and said he would prefer NOT to hold re-elections...But you can see the frustration of the demonstrators and why they might want this resignation as an alternative to what they now have...But he is NOT the real cause of Iranian influence in Iraq.
11-12-2019 Newshound Guru chattels Article: "BAGHDAD/ NINA/The exchange rate of the dollar fell on the stock market struggle and local markets today." Quote: "Selling and buying prices in banking shops: selling price of the dollar = 121.750 dinars. The purchase price of the dollar = 120.250 dinars" "selling price of the dollar = 121.750 dinars" is not in compliance with the 2% variance calculation between the market rate and the official rate. [You can always see the latest CBI reported market and official rate on the left of this page.]
11-12-2019 Newshound Guru Jeff Yesterday Iraq’s parliament completed the Election Law. That’s the first real step that they’ve actually been able to complete in the way of reforms for the citizens due to the demonstrations. What they’ve done through the Election Law is it only pertains to their Parliament. They’ve reduced the number of seats from 329 down to 213 seats within parliament and they’ve reduced the age of nominees down to 25. Overall that’s going to work to satisfy the demonstrators to a small extent. They’re calling this reforms. In a way it’s kind of sad but this so far is the best item that they have actually been able to offer…you can clearly see their [parliament and the GOI] hands are tied and they’re waiting on that rate change...
11-12-2019 Intel Guru MarkZ [via PDK] [When would it best help Trump politically to release GCR— Seems pre-Christmas shopping period is prime time for boosting economy with GCR...] I agree that NOW is the Prime Time to release it
11-12-2019 Intel Guru Frank26 …some guru told you that they’re off of compliance by 2%. Look, I’m sorry, ye of little knowledge. The 2% compliance can fluctuate plus or minus even up to about 3 days in both directions. So about a week of fluctuations is normal…the auctions did the same thing but they came back very quickly. No problems…as far as redoing the compliance for 90 days that’s guru BS. Even under these circumstances of demonstrations and killings the CBI was still able to keep the exchange rate stable. That’s important…do you think they have proved to the IMF that they can maintain a 2% compliance variance? Of course they can. Just because they went off the 2% for a day or two that doesn’t mean anything. They’re not gonna have to start over…
11-12-2019 Intel/Newshound Guru tman23 I posted, early October that I was told November 13 was said ... planned to be the biggest movement of wealth in world history... I also didn’t want to tie it to dinar but was hopeful that the possibility existed... I wait to see what happens tomorrow too...but only reason I posted it is ... very credible person and it wasn’t dinar related... I’m hoping for everyone that there is a connection.
11-12-2019 Newshound/Intel Guru Mnt Goat Article quote: "Iraqi Prime Minister Adel Abdul Mahdi said on last Tuesday his government would not respond to demonstrators’ demands to resign without a “smooth and swift” alternative." ...the prime minister of Iraq Mahdi, has not left his position... The recent news from Iraq told us Mahdi would and could accept a peaceful transition to a new PM for the sake of keep law and order...Mahdi also spelled out the conditions under which he would resign...Then Mutada al-Sadr has even come out and said he would prefer NOT to hold re-elections...But you can see the frustration of the demonstrators and why they might want this resignation as an alternative to what they now have...But he is NOT the real cause of Iranian influence in Iraq.
11-12-2019 Newshound Guru chattels Article: "BAGHDAD/ NINA/The exchange rate of the dollar fell on the stock market struggle and local markets today." Quote: "Selling and buying prices in banking shops: selling price of the dollar = 121.750 dinars. The purchase price of the dollar = 120.250 dinars" "selling price of the dollar = 121.750 dinars" is not in compliance with the 2% variance calculation between the market rate and the official rate. [You can always see the latest CBI reported market and official rate on the left of this page.]
11-12-2019 Newshound Guru Jeff Yesterday Iraq’s parliament completed the Election Law. That’s the first real step that they’ve actually been able to complete in the way of reforms for the citizens due to the demonstrations. What they’ve done through the Election Law is it only pertains to their Parliament. They’ve reduced the number of seats from 329 down to 213 seats within parliament and they’ve reduced the age of nominees down to 25. Overall that’s going to work to satisfy the demonstrators to a small extent. They’re calling this reforms. In a way it’s kind of sad but this so far is the best item that they have actually been able to offer…you can clearly see their [parliament and the GOI] hands are tied and they’re waiting on that rate change...
11-12-2019 Intel Guru MarkZ [via PDK] [When would it best help Trump politically to release GCR— Seems pre-Christmas shopping period is prime time for boosting economy with GCR...] I agree that NOW is the Prime Time to release it
11-11-2019 **** Dinar Guru Update **** Guru Kaperoni's report has now been confirmed by the official rates reported by Central Bank of Iraq. It appears the market rate and the official rate for the Iraqi dinar are now out of compliance with the IMF "2% rule". This rule requires the market rate to remain within 2% of the official rate for 90 days before the dinar can be considered for Article VIII. Kaperoni and other gurus believe Article VIII brings international banking acceptance. The last report has the two rates are ~2.3% apart. It's unclear if the IMF rules require a daily "within 2% spread compliance" or if it's based on a weekly or monthly average. The dinar has been in compliance for over a year in a half. Stay tuned as the gurus chime in on the significance of this dinar development. [You can always see the latest CBI reported market and official rate on the left of this page.] The latest guru post will continue below...
11-11-2019 Intel Guru Delta ...IQD EXCHANGE RATE IN MARKET IS DROPPING LIKE BEFORE. IT WAS...1218. NOW 20 MINUTES AGO...1205-1207 IQD PER $ ...GOOD JOB CBI... [Where is this info Delta? I can't find it.] FROM IRAQI MARKET...YOU WILL SEE IT PROBABLY LATER TODAY. [Note the official CBI market rate has not updated yet ...You can see the official CBI market rate on the left side of this page.]
11-11-2019 Newshound/Intel Guru Mnt Goat ...As investors we should not be in such a hurry to see Mahdi go. Think, think, think of the negative as well as the positive ramifications. Mahdi resigning is NOT a good thing. It could lead to yet another vacuum and only make things worse for Iraq and us investors. Do you want the RV sooner than later?...
11-11-2019 Intel Guru MarkZ [via PDK] [Any news on rates for the dong.] Hearing that the rates is still rumored to be around .45 for street/in-country rate and up to $2 or so for the contract rate.
11-11-2019 Newshound Guru MilitiaMan The MR's have to get done...And now that appears to be the case they will...don't let the GOI issues reflect against the CBI. My view is Mahdi and the Finance Minister may have finally given Alaq the green light... They cannot afford to lose control of the internal fluctuations in the exchange rate going south any more than what it has. So all things interlinked imo bodes so very well for us..imo. [post 2 of 2]
11-11-2019 Newshound Guru MilitiaMan The Finance Minister, Alaq and Mahdi in the same room for what? We all know what the implications are. They are talking money and how that will effect the demands of the citizens and their purchasing power...imo. The timing of it is no coincidence imo...The CBI probably told the Finance Minister and Mahdi to get the lead out...they all know that this should have been done a along time ago...and now they apparently know they painted them selves into a corner and the demonstrations proved it. [post 1 of 2....stay tuned]
11-11-2019 Intel Guru MarkZ [via PDK] I have people all over the world…Zurich, Hong Kong and Reno are all positioned and expecting to go in today…they also expect us to see 800 numbers sometime today or tomorrow. Yesterday Iraq was supposed to vote on the HCL bill…I have been unable to verify if they did yet. Dinar rumored rate is $3.91 to $4 in-country ...$8to $8.20 Contract rate is the most consistent rumor I am hearing. [...do you really think we will see this in November?] I thought we would see it in October... I think it could happen at anytime according to sources…
11-11-2019 Newshound/Intel Guru RVAlready As the RV cannot be announced in advance, the info you are looking for will not be announced in advance. We will probably know nothing until 800 numbers are released. Or until CBI makes a public announcement.
11-11-2019 Newshound Guru Jeff …They’re putting the last piece of the puzzle together which is that 2020 budget. Now who’s in charge? The person in charge is going to have an agenda. And how does this benefit them? …who poured trillions of dollars into Iraq? Who shed blood for Iraq? …Donald Trump must be in charge. What’s his agenda? How does he gain from this? Well he is rerunning for president. What’s his political theme? …A strong economy…the revaluation just injects billions of dollars into our pockets and back into our economy that promotes Trump…
11-11-2019 Newshound Guru MilitiaMan Article: "Parliamentary Economic: The 2020 budget includes unprecedented reform clauses" I like the way they translate things... lol... The incomplete budget law for 2020 until now...In other words it is now complete. I'll bet the meeting with the KRI talking about PERMANENT REVENUE SHARING could fall under the category of unprecedented reform clauses,e.e., read HCL...My best guess is it is apart of it. The now completed 2020 Budget was scheduled to be completed with out disruption. Imagine that? Wow! From the sounds of things the attendance was stellar today... Many things lining up and even in some areas cooling off...imo..
11-11-2019 Newshound/Intel Guru Mnt Goat ...As investors we should not be in such a hurry to see Mahdi go. Think, think, think of the negative as well as the positive ramifications. Mahdi resigning is NOT a good thing. It could lead to yet another vacuum and only make things worse for Iraq and us investors. Do you want the RV sooner than later?...
11-11-2019 Intel Guru MarkZ [via PDK] [Any news on rates for the dong.] Hearing that the rates is still rumored to be around .45 for street/in-country rate and up to $2 or so for the contract rate.
11-11-2019 Newshound Guru MilitiaMan The MR's have to get done...And now that appears to be the case they will...don't let the GOI issues reflect against the CBI. My view is Mahdi and the Finance Minister may have finally given Alaq the green light... They cannot afford to lose control of the internal fluctuations in the exchange rate going south any more than what it has. So all things interlinked imo bodes so very well for us..imo. [post 2 of 2]
11-11-2019 Newshound Guru MilitiaMan The Finance Minister, Alaq and Mahdi in the same room for what? We all know what the implications are. They are talking money and how that will effect the demands of the citizens and their purchasing power...imo. The timing of it is no coincidence imo...The CBI probably told the Finance Minister and Mahdi to get the lead out...they all know that this should have been done a along time ago...and now they apparently know they painted them selves into a corner and the demonstrations proved it. [post 1 of 2....stay tuned]
11-11-2019 Intel Guru MarkZ [via PDK] I have people all over the world…Zurich, Hong Kong and Reno are all positioned and expecting to go in today…they also expect us to see 800 numbers sometime today or tomorrow. Yesterday Iraq was supposed to vote on the HCL bill…I have been unable to verify if they did yet. Dinar rumored rate is $3.91 to $4 in-country ...$8to $8.20 Contract rate is the most consistent rumor I am hearing. [...do you really think we will see this in November?] I thought we would see it in October... I think it could happen at anytime according to sources…
11-11-2019 Newshound/Intel Guru RVAlready As the RV cannot be announced in advance, the info you are looking for will not be announced in advance. We will probably know nothing until 800 numbers are released. Or until CBI makes a public announcement.
11-11-2019 Newshound Guru Jeff …They’re putting the last piece of the puzzle together which is that 2020 budget. Now who’s in charge? The person in charge is going to have an agenda. And how does this benefit them? …who poured trillions of dollars into Iraq? Who shed blood for Iraq? …Donald Trump must be in charge. What’s his agenda? How does he gain from this? Well he is rerunning for president. What’s his political theme? …A strong economy…the revaluation just injects billions of dollars into our pockets and back into our economy that promotes Trump…
11-11-2019 Newshound Guru MilitiaMan Article: "Parliamentary Economic: The 2020 budget includes unprecedented reform clauses" I like the way they translate things... lol... The incomplete budget law for 2020 until now...In other words it is now complete. I'll bet the meeting with the KRI talking about PERMANENT REVENUE SHARING could fall under the category of unprecedented reform clauses,e.e., read HCL...My best guess is it is apart of it. The now completed 2020 Budget was scheduled to be completed with out disruption. Imagine that? Wow! From the sounds of things the attendance was stellar today... Many things lining up and even in some areas cooling off...imo..
11-10-2019 Intel Guru Frank26 ...in my opinion there’s only so much time left for what we call a receipt schedule therefore in my opinion now watch once again but this time WATCH...the reinstatement and the CBI travel at a much faster SPEED than we have ever seen...
11-10-2019 Intel Guru Delta [reference Guru Delta post 11-10-2019, below] ...LET ME EXPLAIN...THERE IS SOME REFORMS THAT WILL TAKE TIME BECAUSE THEY DEAL WITH CONSTITUTION. BUT AS FAR AS REFORM THAT DEAL WITH MONETARY POLICY WILL NOT TAKE THAT LONG...IMO...MR IS READY TO GO...
11-10-2019 Newshound Guru MilitiaMan Reforms are slated to be addressed as early as tomorrow... I'll be oh so very watchful over the next couple of days. I have not seen any postponement yet on the Fair. If you recall there is an annual conference in Great Britain on 12/08/2019 with many and more of the names above. If the Fair on the 11th is to be successful ahead of that one in GB, they'll need reforms in the bag by then for those attending on the 11th...We shall see. imo. [post 2 of 2]
11-10-2019 Newshound Guru MilitiaMan I am not sure there is the Baghdad Fair starting on Monday or not. They had it scheduled for the first and the put the 11th on the time line. ...Well there are some heavy hitters that were in the KRI (Kurdistan Region) talking business and what stands out are a few things. 1) Security, 2) Electricity, 3) Accounting and auditing, 4) PERMANENT REVENUE SHARING and they are to continue onto Baghdad. All of this during the demonstrations having been on going. Investors of the caliber they mention are GLOBAL... [post 1 of 2....stay tuned]
11-10-2019 Newshound Guru Kaperoni Latest CBI reporting on the Market Rate is 1218. This is as of Nov 6. No new updates yet. This number is out of compliance. Unofficial media today reports the spread as back in compliance. Keep an eye on the reported Market Rate as reported by the CBI... [You can always see the latest CBI reported market and official rate on the left of this page.]
11-10-2019 Intel Guru Delta ...ALAQ AND FINANCIAL MINISTER WITH MAHDI...IMO...GATE IS ABOUT TO OPEN...
11-10-2019 Newshound Guru Kaperoni [via Zig] [Kap,Can the CBI decide to float the currency without them being in Article 8 first?...] Yes. They can change exchange rate regimes anytime they want... But I don't expect them to get off the peg until they have significant capital coming in to invest... As for Article VIII if the IMF is going to be a stickler they could make them start over and wait 90 days once in compliance again... Because that is clearly in writing in the IMF charter that once you meet the 2% rule you have to hold it for 90 days... So if the spread is now what they say it is and the CBI reports it as such it appears we're in for a wait.
11-10-2019 Intel Guru Delta [reference Guru Delta post 11-10-2019, below] ...LET ME EXPLAIN...THERE IS SOME REFORMS THAT WILL TAKE TIME BECAUSE THEY DEAL WITH CONSTITUTION. BUT AS FAR AS REFORM THAT DEAL WITH MONETARY POLICY WILL NOT TAKE THAT LONG...IMO...MR IS READY TO GO...
11-10-2019 Newshound Guru MilitiaMan Reforms are slated to be addressed as early as tomorrow... I'll be oh so very watchful over the next couple of days. I have not seen any postponement yet on the Fair. If you recall there is an annual conference in Great Britain on 12/08/2019 with many and more of the names above. If the Fair on the 11th is to be successful ahead of that one in GB, they'll need reforms in the bag by then for those attending on the 11th...We shall see. imo. [post 2 of 2]
11-10-2019 Newshound Guru MilitiaMan I am not sure there is the Baghdad Fair starting on Monday or not. They had it scheduled for the first and the put the 11th on the time line. ...Well there are some heavy hitters that were in the KRI (Kurdistan Region) talking business and what stands out are a few things. 1) Security, 2) Electricity, 3) Accounting and auditing, 4) PERMANENT REVENUE SHARING and they are to continue onto Baghdad. All of this during the demonstrations having been on going. Investors of the caliber they mention are GLOBAL... [post 1 of 2....stay tuned]
11-10-2019 Newshound Guru Kaperoni Latest CBI reporting on the Market Rate is 1218. This is as of Nov 6. No new updates yet. This number is out of compliance. Unofficial media today reports the spread as back in compliance. Keep an eye on the reported Market Rate as reported by the CBI... [You can always see the latest CBI reported market and official rate on the left of this page.]
11-10-2019 Intel Guru Delta ...ALAQ AND FINANCIAL MINISTER WITH MAHDI...IMO...GATE IS ABOUT TO OPEN...
11-10-2019 Newshound Guru Kaperoni [via Zig] [Kap,Can the CBI decide to float the currency without them being in Article 8 first?...] Yes. They can change exchange rate regimes anytime they want... But I don't expect them to get off the peg until they have significant capital coming in to invest... As for Article VIII if the IMF is going to be a stickler they could make them start over and wait 90 days once in compliance again... Because that is clearly in writing in the IMF charter that once you meet the 2% rule you have to hold it for 90 days... So if the spread is now what they say it is and the CBI reports it as such it appears we're in for a wait.
11-9-2019 Newshound Guru Vital Brad …we hold Iraq’s currency. We want to see Iraq doing well. We want it. We don’t want to see protests. We don’t want to see violence. We want to see them standing on their own two feet. And they’re working through that. Change is happening. As their country improves and times goes on their currency is going to be an included world currency…
11-9-2019 Newshound/Intel Guru Mnt Goat ...They also need to convert the economy so that the banks could make revenue by other banking practices and ween off the currency auctions as their sole source of revenue... I will not get into the necessity to get rid of Iranian influence. ...So, here we sit and wait and wait. Will these demonstrations pan out for us investors? Will this finally be the breaking point of these corrupt officials to give up the currency? ...We can pray that this is the final straw that will break the camels back. [post 2 of 2]
11-9-2019 Newshound/Intel Guru Mnt Goat ...they know exactly what must get done but the corruption is so high in the government they can not ever execute on it at the level they need to make any real progress...So, my point is - they need to kick off the currency reform, get rid of the currency auctions and openly trade their currency on the global markets. They know it and we know it. So why has it not yet been done? It is way overdue! I don’t want to sound like a broken record but there are billions of $$$ being make off of NOT doing the currency reform. [post 1 of 2....stay tuned]
11-9-2019 Newshound Guru MilitiaMan Article: "The government agrees to open a consulate in the US state of 100,000 Iraqis" Quote: "The US State Department on Thursday approved the opening of a consulate-general in Texas to provide consular services to more than 100,000 Iraqis." Interesting there were many things associated to Iraq out of Texas, since I have been in this.. Currency comes to mind too. hmm.. I wonder if reforms to come will have much to do with this coming about?
11-9-2019 Intel Guru Frank26 ....seven times I think Allaq has come out in the last twenty-three days to talk to the citizens about the reinstatement of the Iraqi dinar and about lifting the zeros from their exchange rate, about the smaller notes…
11-9-2019 Newshound Guru Jeff Don’t forget I have strongly suggested to you that Donald Trump is definitely in charge of all this…It’s the US government that actually poured trillions of dollars into the country of Iraq and the US is the one that shed blood for Iraq. So really the U.S. is in charge not so much the IMF and World Bank. They may have a little say but not on timing. IMO the timing of this is all dictated and directed by the Trump Administration and I will promise you that he’s gonna use the timing of the rate change to benefit his political gain…seven to eight months before the US November elections…it’s all unfolding right before your eyes.
11-9-2019 Newshound/Intel Guru Mnt Goat ...They also need to convert the economy so that the banks could make revenue by other banking practices and ween off the currency auctions as their sole source of revenue... I will not get into the necessity to get rid of Iranian influence. ...So, here we sit and wait and wait. Will these demonstrations pan out for us investors? Will this finally be the breaking point of these corrupt officials to give up the currency? ...We can pray that this is the final straw that will break the camels back. [post 2 of 2]
11-9-2019 Newshound/Intel Guru Mnt Goat ...they know exactly what must get done but the corruption is so high in the government they can not ever execute on it at the level they need to make any real progress...So, my point is - they need to kick off the currency reform, get rid of the currency auctions and openly trade their currency on the global markets. They know it and we know it. So why has it not yet been done? It is way overdue! I don’t want to sound like a broken record but there are billions of $$$ being make off of NOT doing the currency reform. [post 1 of 2....stay tuned]
11-9-2019 Newshound Guru MilitiaMan Article: "The government agrees to open a consulate in the US state of 100,000 Iraqis" Quote: "The US State Department on Thursday approved the opening of a consulate-general in Texas to provide consular services to more than 100,000 Iraqis." Interesting there were many things associated to Iraq out of Texas, since I have been in this.. Currency comes to mind too. hmm.. I wonder if reforms to come will have much to do with this coming about?
11-9-2019 Intel Guru Frank26 ....seven times I think Allaq has come out in the last twenty-three days to talk to the citizens about the reinstatement of the Iraqi dinar and about lifting the zeros from their exchange rate, about the smaller notes…
11-9-2019 Newshound Guru Jeff Don’t forget I have strongly suggested to you that Donald Trump is definitely in charge of all this…It’s the US government that actually poured trillions of dollars into the country of Iraq and the US is the one that shed blood for Iraq. So really the U.S. is in charge not so much the IMF and World Bank. They may have a little say but not on timing. IMO the timing of this is all dictated and directed by the Trump Administration and I will promise you that he’s gonna use the timing of the rate change to benefit his political gain…seven to eight months before the US November elections…it’s all unfolding right before your eyes.
11-8-2019 Newshound Guru Vital Brad Article “Abdul Mahdi: We are working to find a budget capable of managing the economy correctly and increase the non-oil resources” …the nice things about the budget, when they put that out you can see the numbers and if there’s gonna be a rate change…then they may factor in funds at a different rate…
11-8-2019 Newshound Guru Kaperoni ...I've said it before if Iraq goes to a 1 to $1 rate overnight it's going to be a LOP. We obviously do not want to see that happen. What we do want to see happen is an increase in investment to coincide with the market economy causing inflationary pressure for the CBI to float the currency.
11-8-2019 Newshound Guru Vital Brad …some people are saying that, If we bought the currency at a Currency Dealer vs. got it at a Bank that one of them is not gonna be accepted. The currency, if you have valid currency, it was ran through a De La Rue machine. This is a specific machine and it can be verified if it’s authentic…there’s no way to differentiate whether you got it at the bank or whether you got it at a currency dealer...I think at some point in time the currency is gonna be reinstated…
11-8-2019 Newshound Guru Jeff …Parliament literally is not holding sessions and getting anything credible done because the things they need to do they can’t do until after the rate change…the current facts are telling us that at least right now the next thing we’re looking to see is the completion of the 2020 budget…my personal opinion that shortly after they finish the 2020 budget it’s game over. And the news is showing we probably don’t have anything else to wait for after they complete the 2020 budget. I firmly believe based on the current facts that that will be the last step before they indeed change the rate…
11-8-2019 Newshound Guru MilitiaMan They have been in sessions working on that very topic and again they speak of the 2020 budget being for the citizens and their demands. Those items are slated from now through this weekend...So, lets see how this next 24-72 hours plays out. My best view is they are still right on track with completion of reforms. ...A successful fair will set the stage!! The tools they have in the quiver to create success is the rate change!... [post 2 of 2]
11-8-2019 Newshound Guru MilitiaMan I feel there is still good reason to be very optimistic about a window we may be in...we have been told that the receipts of waiting have been issued, they have time lines with them. We have heard that the delivery of smalls has been done to date. ...The demonstrations have triggered the GOI to get the lead out... They extended the Baghdad Fair for ten days. Well that ten days is up on the 11th...Since we haven't seen another postponement yet in regard to that fair, I am assuming ("") that they have every intention on going forward with it...So, if they do have the Fair, it would seem that the final end of the reforms being an international rate has to be in the bag by now. [post 1 of 2....stay tuned]
11-8-2019 Newshound Guru Kaperoni ...I've said it before if Iraq goes to a 1 to $1 rate overnight it's going to be a LOP. We obviously do not want to see that happen. What we do want to see happen is an increase in investment to coincide with the market economy causing inflationary pressure for the CBI to float the currency.
11-8-2019 Newshound Guru Vital Brad …some people are saying that, If we bought the currency at a Currency Dealer vs. got it at a Bank that one of them is not gonna be accepted. The currency, if you have valid currency, it was ran through a De La Rue machine. This is a specific machine and it can be verified if it’s authentic…there’s no way to differentiate whether you got it at the bank or whether you got it at a currency dealer...I think at some point in time the currency is gonna be reinstated…
11-8-2019 Newshound Guru Jeff …Parliament literally is not holding sessions and getting anything credible done because the things they need to do they can’t do until after the rate change…the current facts are telling us that at least right now the next thing we’re looking to see is the completion of the 2020 budget…my personal opinion that shortly after they finish the 2020 budget it’s game over. And the news is showing we probably don’t have anything else to wait for after they complete the 2020 budget. I firmly believe based on the current facts that that will be the last step before they indeed change the rate…
11-8-2019 Newshound Guru MilitiaMan They have been in sessions working on that very topic and again they speak of the 2020 budget being for the citizens and their demands. Those items are slated from now through this weekend...So, lets see how this next 24-72 hours plays out. My best view is they are still right on track with completion of reforms. ...A successful fair will set the stage!! The tools they have in the quiver to create success is the rate change!... [post 2 of 2]
11-8-2019 Newshound Guru MilitiaMan I feel there is still good reason to be very optimistic about a window we may be in...we have been told that the receipts of waiting have been issued, they have time lines with them. We have heard that the delivery of smalls has been done to date. ...The demonstrations have triggered the GOI to get the lead out... They extended the Baghdad Fair for ten days. Well that ten days is up on the 11th...Since we haven't seen another postponement yet in regard to that fair, I am assuming ("") that they have every intention on going forward with it...So, if they do have the Fair, it would seem that the final end of the reforms being an international rate has to be in the bag by now. [post 1 of 2....stay tuned]
11-7-2019 Intel Guru MarkZ ...no one knew the exact timing of the release, but he himself was on a moment to moment basis. His contacts were reporting that the release was anywhere from it’s already done, to they were waiting for Sun. 10 Nov. when the Iraqi Parliament voted on HCL.
11-7-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQI PRESIDENT BARHAM SALEH SAID ON THURSDAY THAT PRIME MINISTER ADEL ABDUL MAHDI HAD AGREED TO RESIGN" (FYI: but has not yet resigned) ...of course when this announcement was made on Thursday of Mahdi resignation, Iran has stepped in to try to prevent the ouster of Iraqi Prime Minister Abdel Abdul Mahdi by two of Iraq’s most influential figures amid weeks of anti-government demonstrations. Gee whiz who could these two “influential figures” be? Could they be Ameri and Maliki?
11-7-2019 Newshound Guru Kaperoni Looking at the auctions numbers today Iraq has fell out of 2% compliance. I would expect that means the CBI needs to start over, sustain it for another 90 days or more once back in compliance. No IMF Article VIII for a while unfortunately... [NOTE: The CBI's official market rate is still within 2% compliance. You can always see the official CBI rates on the left of this page...The CBI has not updated the market rate since 11/4]
11-7-2019 Newshound/Intel Guru Mnt Goat Article: "US CONGRESSIONAL DELEGATION VISITS IRAQ ON SUNDAY" remember the US still holds OPAC sanctions on Iraq. Iraq will need these to be lifted if the US is going to give permission to go.
11-7-2019 Intel Guru Frank26 …may I now suggest you watch President Trump get more involved in the Middle East…
11-7-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQI PRESIDENT BARHAM SALEH SAID ON THURSDAY THAT PRIME MINISTER ADEL ABDUL MAHDI HAD AGREED TO RESIGN" (FYI: but has not yet resigned) ...of course when this announcement was made on Thursday of Mahdi resignation, Iran has stepped in to try to prevent the ouster of Iraqi Prime Minister Abdel Abdul Mahdi by two of Iraq’s most influential figures amid weeks of anti-government demonstrations. Gee whiz who could these two “influential figures” be? Could they be Ameri and Maliki?
11-7-2019 Newshound Guru Kaperoni Looking at the auctions numbers today Iraq has fell out of 2% compliance. I would expect that means the CBI needs to start over, sustain it for another 90 days or more once back in compliance. No IMF Article VIII for a while unfortunately... [NOTE: The CBI's official market rate is still within 2% compliance. You can always see the official CBI rates on the left of this page...The CBI has not updated the market rate since 11/4]
11-7-2019 Newshound/Intel Guru Mnt Goat Article: "US CONGRESSIONAL DELEGATION VISITS IRAQ ON SUNDAY" remember the US still holds OPAC sanctions on Iraq. Iraq will need these to be lifted if the US is going to give permission to go.
11-7-2019 Intel Guru Frank26 …may I now suggest you watch President Trump get more involved in the Middle East…
11-6-2019 Newshound/Intel Guru Mnt Goat Article: "RESIGNATION OF PRIME MINISTER ADEL ABDUL MAHDI WILL NOT AFFECT THE PASSAGE OF THE 2020 BUDGET" ...this is really good news. Seems the 2020 budget is being held up due to the necessity to include money for govt reforms as per demonstrators demands.
11-6-2019 Newshound Guru Adam Montana ...the exchange rate is stable in spite of the confusion. I can't imagine a more solid argument for Iraq's future than that! WTI oil pricing is stable. The work that was being done hasn't backtracked - it's just paused. Progress made has not been lost - just paused. ...the situation will work itself out, and we'll be back on track shortly...keep your head up and stay positive. This train is still heading the right direction. [post 2 of 2]
11-6-2019 Newshound Guru Adam Montana Iraq isn't in the best possible spot this week...we are nearing a month of protests. Mahdi has promised to resign once a successor is named. They are working on a new election law that will likely eliminate a handful of positions in the GOI, and thereby reduce a bit of the corruption. Bad news - nothing is happening immediately. It appears that things are settling, but realistically this is going to take a couple more weeks. On the positive side... [post 1 of 2....stay tuned]
11-6-2019 Intel Guru Frank26 …Did you notice that these vital signs have not moved? …very stable…we have a country under turmoil, basically under war and it’s fascinating just like [Guru] Delta said that the exchange rate of the dinar in some markets is high. It doesn’t suffer. It’s going up! And then on top of that nothing seems to bother the exchange rate...something so devastating, the loss of lives is not causing any loss in the monetary and in the monetary reform of the Iraqi dinar. Fascinating isn’t it?
11-6-2019 Newshound Guru Jeff Article “President Barzani: Iraqi PM Mahdi needs to be given ‘more changes’ for reform” …this article is so revealing. It screams at you from many angles - rate change. They’re even telling you the steps that are waiting on the rate change right in this article. This was a great article…
11-6-2019 Intel Guru Delta Article: "The results of the window selling foreign currency on Wednesday 2019/11/6 and implemented on Tuesday 5/11/2019" CBI HAVE ANOTHER AUCTION FOR THURSDAY...2 AUCTION IN ONE DAY...THE DOLLAR EXCHANGE RATE IN THE IRAQ MARKET IS GOING VERY HIGH SOME CITIES IS UP TO $1 = 1221 DINARS. IT'S FORCING CBI TO DO 2 AUCTIONS. CBI HAVE TO MOVE FASTER NOW...
11-6-2019 Intel Guru Frank26 firefly77 says announcing agreement has been met today with Barzari in Baghdad to pay the citizens their monthly HCL oil credits...No amount given just deal reached by government to help keep Iraq from going back into chapter 7. If this comes to pass the amount would be over 1 USA dollar from previous agreements…We await to see what unfolds and see if this comes to pass
11-6-2019 Newshound Guru Adam Montana ...the exchange rate is stable in spite of the confusion. I can't imagine a more solid argument for Iraq's future than that! WTI oil pricing is stable. The work that was being done hasn't backtracked - it's just paused. Progress made has not been lost - just paused. ...the situation will work itself out, and we'll be back on track shortly...keep your head up and stay positive. This train is still heading the right direction. [post 2 of 2]
11-6-2019 Newshound Guru Adam Montana Iraq isn't in the best possible spot this week...we are nearing a month of protests. Mahdi has promised to resign once a successor is named. They are working on a new election law that will likely eliminate a handful of positions in the GOI, and thereby reduce a bit of the corruption. Bad news - nothing is happening immediately. It appears that things are settling, but realistically this is going to take a couple more weeks. On the positive side... [post 1 of 2....stay tuned]
11-6-2019 Intel Guru Frank26 …Did you notice that these vital signs have not moved? …very stable…we have a country under turmoil, basically under war and it’s fascinating just like [Guru] Delta said that the exchange rate of the dinar in some markets is high. It doesn’t suffer. It’s going up! And then on top of that nothing seems to bother the exchange rate...something so devastating, the loss of lives is not causing any loss in the monetary and in the monetary reform of the Iraqi dinar. Fascinating isn’t it?
11-6-2019 Newshound Guru Jeff Article “President Barzani: Iraqi PM Mahdi needs to be given ‘more changes’ for reform” …this article is so revealing. It screams at you from many angles - rate change. They’re even telling you the steps that are waiting on the rate change right in this article. This was a great article…
11-6-2019 Intel Guru Delta Article: "The results of the window selling foreign currency on Wednesday 2019/11/6 and implemented on Tuesday 5/11/2019" CBI HAVE ANOTHER AUCTION FOR THURSDAY...2 AUCTION IN ONE DAY...THE DOLLAR EXCHANGE RATE IN THE IRAQ MARKET IS GOING VERY HIGH SOME CITIES IS UP TO $1 = 1221 DINARS. IT'S FORCING CBI TO DO 2 AUCTIONS. CBI HAVE TO MOVE FASTER NOW...
11-6-2019 Intel Guru Frank26 firefly77 says announcing agreement has been met today with Barzari in Baghdad to pay the citizens their monthly HCL oil credits...No amount given just deal reached by government to help keep Iraq from going back into chapter 7. If this comes to pass the amount would be over 1 USA dollar from previous agreements…We await to see what unfolds and see if this comes to pass
11-5-2019 Intel Guru MarkZ As for the QFS.. We are supposedly getting the pinging now in Europe that started over night last night…the rumor is when that is finished we may see 800 numbers... Still hearing that the reset is moving east to west… In Iraq I am being told that the UST has had people in Iraq for a few days now… We have heard that we will all go together…when we are in a Gold Backed currency… I personally think we are at the end now…I really think this is going to be our week.
11-5-2019 Newshound Guru Jeff Article "Iranian Embassy Set Ablaze in Karbala" Quote " ...protesters set the Iranian consulate ablaze in the holy city of Karbala...they then scaled the walls and replaced consulate's Iranian flag with that of Iraq. U.S. President Donald Trump on Monday retweeted two videos from Saudi-funded newspapers that showed footage of the event... According to the Iraqi High Commission for Human Rights, at least 257 people have been killed, and more than 10,000 wounded, since protests began." [Post 2 of 2]
11-5-2019 Newshound Guru Jeff Article "The New York Times: Iraq Is Rising Against The Hateful Iranian Occupation" ...the news talks about an Anti-Iran uprising in Iraq. Quote "more than 200,000 Iraqis marched in Baghdad in the largest demonstration in Iraq's modern history, protesting against the Iraqi government and a foreign occupier - this time Iran, not America..." "The revolution is not Anti-American, it is anti-Iran, anti-religious - anti-politics, says Saad Iskandar, the former head of Iraq's national archives." [Post 1 of 2]
11-5-2019 Newshound/Intel Guru Mnt Goat So this was a measure also put in place with the expectation that this actions would someday coincide with the currency reform...It is the hold up of much progress in Iraq... I believe we are in a VERY GOOD position to see a rate change of the Iraqi dinar sooner than later. But remember Iraq is still on the OPAC sanction list and so the US will have lots to say if the dinar gets back on FOREX. We don’t go to the bank unless its on FOREX. There is a pot of gold at the end of the rainbow for us, we just have to get through the storm first. Relax the storm will end and we will see that pot of gold... [post 2 of 2]
11-5-2019 Newshound/Intel Guru Mnt Goat ...This past couple days Iraq met with the UN...the UN has stepped in and threatened that, if the killing does not stop, Iraq may re-enter back into Chapter VII. We know that Iran would luv this to occur as this would mean continuance of the currency auctions...So to meet some of the demands by the protestors, a decision has been made to finally pay the citizens their monthly HCL allocation... Remember also that HCL money, when paid out, has to be paid out at a rate over $1.00 USD. There is no way to get around this. [post 1 of 2....stay tuned]
11-5-2019 Newshound/Intel Guru David M. Witty In Iraq, protesters demand dissolvement of Parliament & early elections.
11-5-2019 Newshound Guru Jeff ...the news is now suggesting to us we are very close. They're now talking about the reforms. They're talking about amending the Constitution. All of these steps are post rate change steps...a little more time is needed because all of this involves money...we're waiting on that [2020] budget. But when you look at the news it does show you we're very close...
11-5-2019 Newshound Guru Jeff Article "Iranian Embassy Set Ablaze in Karbala" Quote " ...protesters set the Iranian consulate ablaze in the holy city of Karbala...they then scaled the walls and replaced consulate's Iranian flag with that of Iraq. U.S. President Donald Trump on Monday retweeted two videos from Saudi-funded newspapers that showed footage of the event... According to the Iraqi High Commission for Human Rights, at least 257 people have been killed, and more than 10,000 wounded, since protests began." [Post 2 of 2]
11-5-2019 Newshound Guru Jeff Article "The New York Times: Iraq Is Rising Against The Hateful Iranian Occupation" ...the news talks about an Anti-Iran uprising in Iraq. Quote "more than 200,000 Iraqis marched in Baghdad in the largest demonstration in Iraq's modern history, protesting against the Iraqi government and a foreign occupier - this time Iran, not America..." "The revolution is not Anti-American, it is anti-Iran, anti-religious - anti-politics, says Saad Iskandar, the former head of Iraq's national archives." [Post 1 of 2]
11-5-2019 Newshound/Intel Guru Mnt Goat So this was a measure also put in place with the expectation that this actions would someday coincide with the currency reform...It is the hold up of much progress in Iraq... I believe we are in a VERY GOOD position to see a rate change of the Iraqi dinar sooner than later. But remember Iraq is still on the OPAC sanction list and so the US will have lots to say if the dinar gets back on FOREX. We don’t go to the bank unless its on FOREX. There is a pot of gold at the end of the rainbow for us, we just have to get through the storm first. Relax the storm will end and we will see that pot of gold... [post 2 of 2]
11-5-2019 Newshound/Intel Guru Mnt Goat ...This past couple days Iraq met with the UN...the UN has stepped in and threatened that, if the killing does not stop, Iraq may re-enter back into Chapter VII. We know that Iran would luv this to occur as this would mean continuance of the currency auctions...So to meet some of the demands by the protestors, a decision has been made to finally pay the citizens their monthly HCL allocation... Remember also that HCL money, when paid out, has to be paid out at a rate over $1.00 USD. There is no way to get around this. [post 1 of 2....stay tuned]
11-5-2019 Newshound/Intel Guru David M. Witty In Iraq, protesters demand dissolvement of Parliament & early elections.
11-5-2019 Newshound Guru Jeff ...the news is now suggesting to us we are very close. They're now talking about the reforms. They're talking about amending the Constitution. All of these steps are post rate change steps...a little more time is needed because all of this involves money...we're waiting on that [2020] budget. But when you look at the news it does show you we're very close...
11-4-2019 Intel Guru Delta [via Guru Frank26] ...this was posted on the Warka Bank website. "The par value is 1.00 IQD" and it was printed in the Saudi Arabian newspaper. It's Warka saying the par value of one Iraqi Dinar is [equal to] ?X?X ...we have a Saudi Arabian newspaper that caught on and said look this is Warka and they're showing the Iraqi Dinar at 1 dinar. To What? The answer is to the American Dollar IMO...
11-4-2019 Intel Guru MarkZ [via PDK] News from Zurich said hearing it appears going from west to east now...pinging in China and NZ…it may soon appear in US...We should know about 8pm tonight. [Pinging ensures that the computers can talk to each other. That they recognize each other's IP Address.] we are hearing this is all just logistics as China is about to take over from Treasury.
11-4-2019 Newshound Guru Jeff Article "Adel Mahdi explains to an American delegation his 'reformist' project and outline its points' ...Iraq is meeting with the Americans to discuss the reforms. What they're showing you guys is that they cannot implement these reforms and really provide for the citizens [because] their hands are tied. They're pretty much as high an dry and as desperate for the rate change as everybody else. Iraq cannot take care of their own citizens until the rate change. They're basically telling you guys that they're waiting until that 2020 budget gets approved because the money has to be allocated for everything...
11-4-2019 Newshound Guru MilitiaMan Article: "Exchange rate stability" They are telling the world...that they have achieved monetary stability for foreign investors while suggesting they'll have a fixed exchange rate. One that will be supported and with little fluctuation. A stable environment in a narrow range of speculation, allows for an attractive environment for foreign investment!! Just what imo has been expected by foreign investors for almost tens of years or more, therefore, a strong rate means out of the gate to be good one. imo. They have stated the Glory Days is a potential goal of theirs...I don't doubt that the "longer we have had to wait, the more money we will make." (big smile)
11-4-2019 Newshound Guru MilitiaMan Article: "The work opens the door of new inclusiveness for a full-time appointed salary" They are talking about 24 hour service and getting text messages as an alert and in all provinces by way of Mastercard... let’s recall they are going to be effectively more of a cash-less society... Did we not here about the CBI moving money in all provinces recently? Full time salary... New inclusiveness!! Timing of so many things coming together. Love it! IMO...
11-4-2019 Intel Guru Delta Article: "To / ministries and entities not linked to the Ministry of all governorates and all provincial councils m / Warka Bank for Investment and Finance" FOR WARKA ACCOUNT HOLDERS VERY GOOD NEWS THIS LETTER WAS FROM CBI AND SIGN BY ALAQ STATING THAT WARKA BANK IS BACK ALSO A COPY WAS SENT TO ISX!!!
11-4-2019 Intel Guru MarkZ [via PDK] News from Zurich said hearing it appears going from west to east now...pinging in China and NZ…it may soon appear in US...We should know about 8pm tonight. [Pinging ensures that the computers can talk to each other. That they recognize each other's IP Address.] we are hearing this is all just logistics as China is about to take over from Treasury.
11-4-2019 Newshound Guru Jeff Article "Adel Mahdi explains to an American delegation his 'reformist' project and outline its points' ...Iraq is meeting with the Americans to discuss the reforms. What they're showing you guys is that they cannot implement these reforms and really provide for the citizens [because] their hands are tied. They're pretty much as high an dry and as desperate for the rate change as everybody else. Iraq cannot take care of their own citizens until the rate change. They're basically telling you guys that they're waiting until that 2020 budget gets approved because the money has to be allocated for everything...
11-4-2019 Newshound Guru MilitiaMan Article: "Exchange rate stability" They are telling the world...that they have achieved monetary stability for foreign investors while suggesting they'll have a fixed exchange rate. One that will be supported and with little fluctuation. A stable environment in a narrow range of speculation, allows for an attractive environment for foreign investment!! Just what imo has been expected by foreign investors for almost tens of years or more, therefore, a strong rate means out of the gate to be good one. imo. They have stated the Glory Days is a potential goal of theirs...I don't doubt that the "longer we have had to wait, the more money we will make." (big smile)
11-4-2019 Newshound Guru MilitiaMan Article: "The work opens the door of new inclusiveness for a full-time appointed salary" They are talking about 24 hour service and getting text messages as an alert and in all provinces by way of Mastercard... let’s recall they are going to be effectively more of a cash-less society... Did we not here about the CBI moving money in all provinces recently? Full time salary... New inclusiveness!! Timing of so many things coming together. Love it! IMO...
11-4-2019 Intel Guru Delta Article: "To / ministries and entities not linked to the Ministry of all governorates and all provincial councils m / Warka Bank for Investment and Finance" FOR WARKA ACCOUNT HOLDERS VERY GOOD NEWS THIS LETTER WAS FROM CBI AND SIGN BY ALAQ STATING THAT WARKA BANK IS BACK ALSO A COPY WAS SENT TO ISX!!!
11-3-2019 Newshound Guru MilitiaMan "Liberation women clean the streets and decorate the sidewalks with flowers" When they clean up the mess they’ll be able to get back to business! I am seriously liking what this is showing us today. These women know what to expect from the CBI and with those bill boards in the square in an article today...I could see the descriptions and depictions of what is to come be out for all to see once the place is tidied up!! What a way to get things back to normal and ready for a new beginning with a new sovereign currency and even a new government for to mange the citizens demands going forward! Let’s see what the next “Couple” days brings. Imo - All good!
11-3-2019 Newshound Guru larrykn I don't look for dates just actions on their part...so far I'm still looking. when you have half the politicians out there not wanting changes and half do, its called a stalemate...so we wait and see... For me this will take time and no one knows when, all we can do is read the news and pray that Iraq gets themself together long enough to get laws passed and Articles implemented.
11-3-2019 Newshound/Intel Guru RVAlready [I'm sorry...ths just doesn't meet the smell test. Iraq says they are postponing the deletion of 3 zeros...and the banks want to work more USLESS hours...not too logical.] I agree. Makes no sense in terms of the protest. Unless UST can make a lot of profit from the oil credits. It is one very strange situation.
11-3-2019 Newshound Guru Jeff Article: "This is the date of interrogation of Adel Abdul Mahdi in Parliament" …the “government program” is everything that gets implemented. Better healthcare. Better lives. All the government services and resources they will provide the citizens after the rate change…they are waiting on the rate change…they were only able to offer the citizens very little because the government’s hands are tied and that’s because external powers control the timing of the rate change. And that’s called Donald Trump…The US is the only group that shed blood for Iraq. We pour trillions of dollars into Iraq. Trump actually put the tariffs on China and the sanctions on Iran. The US and the Trump administration are the ones calling the shots, controlling the timing on this. Not the IMF and Not the World Bank…
11-3-2019 Newshound Guru larrykn I don't look for dates just actions on their part...so far I'm still looking. when you have half the politicians out there not wanting changes and half do, its called a stalemate...so we wait and see... For me this will take time and no one knows when, all we can do is read the news and pray that Iraq gets themself together long enough to get laws passed and Articles implemented.
11-3-2019 Newshound/Intel Guru RVAlready [I'm sorry...ths just doesn't meet the smell test. Iraq says they are postponing the deletion of 3 zeros...and the banks want to work more USLESS hours...not too logical.] I agree. Makes no sense in terms of the protest. Unless UST can make a lot of profit from the oil credits. It is one very strange situation.
11-3-2019 Newshound Guru Jeff Article: "This is the date of interrogation of Adel Abdul Mahdi in Parliament" …the “government program” is everything that gets implemented. Better healthcare. Better lives. All the government services and resources they will provide the citizens after the rate change…they are waiting on the rate change…they were only able to offer the citizens very little because the government’s hands are tied and that’s because external powers control the timing of the rate change. And that’s called Donald Trump…The US is the only group that shed blood for Iraq. We pour trillions of dollars into Iraq. Trump actually put the tariffs on China and the sanctions on Iran. The US and the Trump administration are the ones calling the shots, controlling the timing on this. Not the IMF and Not the World Bank…
11-2-2019 Newshound Guru Francis Albert deleting the zeros from the exchange rate...as stated by CBI is quite different from the "LOP" Kap [Guru Kaperoni] continues to pitch. I think he's just off base on this one, or the CBI is just making stuff up..which is possible too...[Reference Guru Kaps Post Below]
11-2-2019 Newshound Guru Kaperoni ...If you wake up someday and it's a 1 to $1 exchange rate, Iraq just LOP'd, meaning you've made nothing. Believe me, Iraq will never substantially RV the dinar. If the dinar is ever going to go up in value, it's going to go up based on investment and an improved GDP via a float.
11-2-2019 Newshound Guru Breitling …there’s really nothing else you need to look into or be worried about. What you need to do is you need to make sure you understand what your exit strategy is once you exchange your currency. In other words, what are your taxes going to look like? That’s what you need to worry about. That’s all you need to be thinking about. You don’t need to be thinking about how you’re going to spend it. Because first you need to figure out how much you’re gonna be able to keep, right? So you have to be thinking on those terms. [Note: At the appropriate time speak with your tax professional]
11-2-2019 Newshound Guru Vital Brad …the demonstrations have continued…The soldiers and the police they aren’t using deadly force. Things seem to be more contained…Mahdi has not resigned yet but President Barham Salih has come out and said the PM has expressed his willingness to submit his resignation asking the political blocs to reach an acceptable alternative…to avoid a power vacuum….we know what the people want. They want their wealth. When the Iraqi people’s currency is reinstated and revalued…Iraq is gonna flourish…their whole environment there will just transform…we’re getting to the boiling point where Iraq is gonna join the free market again and we all know what that means for us holding Iraq’s currency. They’ve met all the requirement and it could happen any time…
11-2-2019 Newshound Guru Kaperoni ...If you wake up someday and it's a 1 to $1 exchange rate, Iraq just LOP'd, meaning you've made nothing. Believe me, Iraq will never substantially RV the dinar. If the dinar is ever going to go up in value, it's going to go up based on investment and an improved GDP via a float.
11-2-2019 Newshound Guru Breitling …there’s really nothing else you need to look into or be worried about. What you need to do is you need to make sure you understand what your exit strategy is once you exchange your currency. In other words, what are your taxes going to look like? That’s what you need to worry about. That’s all you need to be thinking about. You don’t need to be thinking about how you’re going to spend it. Because first you need to figure out how much you’re gonna be able to keep, right? So you have to be thinking on those terms. [Note: At the appropriate time speak with your tax professional]
11-2-2019 Newshound Guru Vital Brad …the demonstrations have continued…The soldiers and the police they aren’t using deadly force. Things seem to be more contained…Mahdi has not resigned yet but President Barham Salih has come out and said the PM has expressed his willingness to submit his resignation asking the political blocs to reach an acceptable alternative…to avoid a power vacuum….we know what the people want. They want their wealth. When the Iraqi people’s currency is reinstated and revalued…Iraq is gonna flourish…their whole environment there will just transform…we’re getting to the boiling point where Iraq is gonna join the free market again and we all know what that means for us holding Iraq’s currency. They’ve met all the requirement and it could happen any time…
11-1-2019 **** Dinar Guru Newsflash **** According to CNN and other news outlets Iraqi Prime Minister Mahdi has agreed to resign from his position. He will step down next week after parliament passes needed election laws and a new government is in place. Stay tuned as the gurus chime in to discuss the impact this news will have on the dinar...
11-1-2019 Newshound Guru Kaperoni ...one of the primary tools and responsibilities of the CBI is to maintain stability meaning if it's going to go up in value it'll go up gradually based on pressure/inflation created as a result of significant investment and a private sector. So until the laws are passed, contracts are signed, stability exists there is no private sector. So we wait. The idea of a public-private partnership built into the 2020 budget to launch the market economy/private sector is an excellent idea but we'll have to wait and see.
11-1-2019 Newshound/Intel Guru Mnt Goat Article: "KURDISTAN SUPPORTS CONSTITUTIONAL AMENDMENTS TO CONTRIBUTE TO IMPROVING THE LIVING AND SERVICE REALITY OF THE IRAQI PEOPLE" Laws don’t do any good unless they are enforced. We have seen this lack of enforcement in many of the laws enacted in Iraq. This is part of the problem with this new democracy.
11-1-2019 Newshound Guru chattels Article quote: "In his first televised address in weeks, President Barham Salih said the country’s embattled Prime Minister Adil Abdul-Mahdi was ready to step down, but there was so far no one to take his place. “The prime minister expressed his willingness to submit his resignation, asking the political parties to reach an agreement on an acceptable alternative,” said Salih. He pledged to hold early elections as soon as a new voting law and oversight commission was agreed, but his speech did not appear to impress demonstrators."
11-1-2019 Intel Guru MarkZ [Sounds like anytime after Monday should be a go.] My opinion only – Could be sooner! I am hearing fantastic things from Iraq also. Hearing that they have already started floating close to a 1 to 1 parity. I am waiting to hear back from my contractor over there and a confirmation from him. I heard that many people were asked to be quiet...i was not asked...Big expectations for this weekend... [post 2 of 2]
11-1-2019 Intel Guru MarkZ [via PDK] November - the month I never thought we would hit…We are hearing the Chinese took over last night around midnight and they already have a solid plan to get things rolling over the next 24 hours or so. And could be as early as just hours away. The US loses 2% but it will not affect anything on our side of the exchange or the rates. We are all watching today daggone closely... [post 1 of 2...stay tuned]
11-1-2019 Newshound/Intel Guru Mnt Goat Is replacing Mahdi’s government the best choice? There are many ways of looking at this. You can see the glass as half empty or half full. I chose to see it half full meaning that it is about time Sadr has put his foot down and demanded the execution of these reforms. Sadr is using the people to fight corruption since he has tried all other means already. ...So, this is finally getting done, something that had to take place sooner or later and it is better now sooner than later.
11-1-2019 Newshound/Intel Guru Francis Albert I would encourage not so much pessimism. The CBI is all that matters here. The government over there, just like any government will always be screwed up. ...the idea of a "Fully seated government"...IMO, this never was a problem. It just wasn't time for OH, so many reasons. You all are fine.
11-1-2019 Intel Guru Frank26 …the moment that you wake up one day and you see on the CBI website...the exchange rate is 1 to 1 now, that is when you have to make a decision. I wouldn’t run to the bank. I wouldn’t even walk to the bank. I’d sit down first. Get all your teams, make a proper decision. Take it to God in prayer…then the next question is how much? “What you got 10 million dinars?” “You gonna cash it all in at 1 to 1?” ‘No.’ “Why not?” IMO the potential of this country is exponential. I don’t think that 1 to 1 is where it’s gonna cap. Maybe I’ll exchange 1 million dinars and I’ll keep the other nine million…I’m gonna watch…[Note: The latest CBI exchange rates are always located on the left side of this page.]
11-1-2019 Newshound/Intel Guru Mnt Goat Article: "KURDISTAN SUPPORTS CONSTITUTIONAL AMENDMENTS TO CONTRIBUTE TO IMPROVING THE LIVING AND SERVICE REALITY OF THE IRAQI PEOPLE" Laws don’t do any good unless they are enforced. We have seen this lack of enforcement in many of the laws enacted in Iraq. This is part of the problem with this new democracy.
11-1-2019 Newshound Guru chattels Article quote: "In his first televised address in weeks, President Barham Salih said the country’s embattled Prime Minister Adil Abdul-Mahdi was ready to step down, but there was so far no one to take his place. “The prime minister expressed his willingness to submit his resignation, asking the political parties to reach an agreement on an acceptable alternative,” said Salih. He pledged to hold early elections as soon as a new voting law and oversight commission was agreed, but his speech did not appear to impress demonstrators."
11-1-2019 Intel Guru MarkZ [Sounds like anytime after Monday should be a go.] My opinion only – Could be sooner! I am hearing fantastic things from Iraq also. Hearing that they have already started floating close to a 1 to 1 parity. I am waiting to hear back from my contractor over there and a confirmation from him. I heard that many people were asked to be quiet...i was not asked...Big expectations for this weekend... [post 2 of 2]
11-1-2019 Intel Guru MarkZ [via PDK] November - the month I never thought we would hit…We are hearing the Chinese took over last night around midnight and they already have a solid plan to get things rolling over the next 24 hours or so. And could be as early as just hours away. The US loses 2% but it will not affect anything on our side of the exchange or the rates. We are all watching today daggone closely... [post 1 of 2...stay tuned]
11-1-2019 Newshound/Intel Guru Mnt Goat Is replacing Mahdi’s government the best choice? There are many ways of looking at this. You can see the glass as half empty or half full. I chose to see it half full meaning that it is about time Sadr has put his foot down and demanded the execution of these reforms. Sadr is using the people to fight corruption since he has tried all other means already. ...So, this is finally getting done, something that had to take place sooner or later and it is better now sooner than later.
11-1-2019 Newshound/Intel Guru Francis Albert I would encourage not so much pessimism. The CBI is all that matters here. The government over there, just like any government will always be screwed up. ...the idea of a "Fully seated government"...IMO, this never was a problem. It just wasn't time for OH, so many reasons. You all are fine.
11-1-2019 Intel Guru Frank26 …the moment that you wake up one day and you see on the CBI website...the exchange rate is 1 to 1 now, that is when you have to make a decision. I wouldn’t run to the bank. I wouldn’t even walk to the bank. I’d sit down first. Get all your teams, make a proper decision. Take it to God in prayer…then the next question is how much? “What you got 10 million dinars?” “You gonna cash it all in at 1 to 1?” ‘No.’ “Why not?” IMO the potential of this country is exponential. I don’t think that 1 to 1 is where it’s gonna cap. Maybe I’ll exchange 1 million dinars and I’ll keep the other nine million…I’m gonna watch…[Note: The latest CBI exchange rates are always located on the left side of this page.]
10-31-2019 Newshound/Intel Guru Mnt Goat Now with the unrest and destabilization of the country I am skeptical if they can even complete the project to delete the zeros at this time. The news media has told us that the banks have emptied their vaults to the main CBI bank prior to the first demonstration for security purposes. They did this for fear the banks could be robbed in the process of the demonstrations. We know the smaller category notes had been already distributed in many of these banks, but not all of them. So these notes had been recalled. This distribution process will have to re-occur once security is obtained...All we can do as investors is site tight and wait to see it all play out. [post 2 of 2]
10-31-2019 Newshound/Intel Guru Mnt Goat We know for a FACT that everything needed to roll out the Iraqi dinar to trade internationally has been completed, except the last final steps including:
-completing the process of the “project to delete the zeros”
-correspondingly changing the rate and monitoring it for inflation
-relief from US OPAC sanctions
-reinstating the dinar on the global currency exchanges. [post 1 of 2....stay tuned]
10-31-2019 Newshound Guru Kaperoni With confidence in PM Mahdi failing, talk of him resigning is everywhere. We will just have to wait and see if it's true or not.
10-31-2019 Intel Guru MarkZ In Iraq – no value change as of late last night. [...did others see the post...showing where they dropped a zero on the rate?? I'm a bit confused about it...] We are in the midst of the reset and it is going to be a confusing mess for a short bit is my take on it... [With one zero gone is that for the betterment?] Absolutely this is for the betterment.
10-31-2019 Intel Guru Frank26 Question: I heard there were fireworks...today in Iraq. Can you confirm that and if so were they celebrating something? They weren’t celebrating anything associated to the reinstatement of the Iraqi dinars...When they do reinstate, fireworks will be nothing. Cannons will be fired off in that country! What you probably heard is just somebody that caught a little bit of a wedding because weddings in Iraq, firecrackers they like that a lot. Birthday party, graduation things like that…
10-31-2019 Newshound Guru Adam Montana There are positive signs everywhere, but the protests and "civil unrest" that's going on right now has tossed an anchor out on the final progress we'd like to see. It's not something that will last forever. The face of Iraq, Iraq's current exchange rate, OIL news, and more...all mostly unchanged by the current situation. The country is NOT in a downward spiral... but they are in the middle of an annoyingly long "pause"...We wait...
10-31-2019 Newshound/Intel Guru Mnt Goat We know for a FACT that everything needed to roll out the Iraqi dinar to trade internationally has been completed, except the last final steps including:
-completing the process of the “project to delete the zeros”
-correspondingly changing the rate and monitoring it for inflation
-relief from US OPAC sanctions
-reinstating the dinar on the global currency exchanges. [post 1 of 2....stay tuned]
10-31-2019 Newshound Guru Kaperoni With confidence in PM Mahdi failing, talk of him resigning is everywhere. We will just have to wait and see if it's true or not.
10-31-2019 Intel Guru MarkZ In Iraq – no value change as of late last night. [...did others see the post...showing where they dropped a zero on the rate?? I'm a bit confused about it...] We are in the midst of the reset and it is going to be a confusing mess for a short bit is my take on it... [With one zero gone is that for the betterment?] Absolutely this is for the betterment.
10-31-2019 Intel Guru Frank26 Question: I heard there were fireworks...today in Iraq. Can you confirm that and if so were they celebrating something? They weren’t celebrating anything associated to the reinstatement of the Iraqi dinars...When they do reinstate, fireworks will be nothing. Cannons will be fired off in that country! What you probably heard is just somebody that caught a little bit of a wedding because weddings in Iraq, firecrackers they like that a lot. Birthday party, graduation things like that…
10-31-2019 Newshound Guru Adam Montana There are positive signs everywhere, but the protests and "civil unrest" that's going on right now has tossed an anchor out on the final progress we'd like to see. It's not something that will last forever. The face of Iraq, Iraq's current exchange rate, OIL news, and more...all mostly unchanged by the current situation. The country is NOT in a downward spiral... but they are in the middle of an annoyingly long "pause"...We wait...
10-30-2019 Newshound Guru Kaperoni An interesting article...refers to the CBI making a courageous decision to control the movement of funds in February 2020. Could this be referring to accepting IMF Article VIII?
10-30-2019 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT WILL VOTE ON THE SECOND REFORM PACKAGE" The House of Representatives plans to vote on the second reform package in the next few days that was, in part, called for by the demonstrators. Will this include currency reform and the project to delete the zeros?
10-30-2019 Intel Guru Bruce [via WiserNow] ...lot of things have happened – especially behind the scenes – I think sometime tomorrow [Wednesday]...we should have it [toll free numbers] and have it available to put out... this is what I’m being informed would be the case...We did get some rates and we believe everything is moving up slightly just like we thought and they’re going to be fantastic so you don’t have to worry about those at all... You know I cannot legitimately call it and I’ve told you many times that we’ve been very close as you know, and again today...tonight is one of those times...
10-30-2019 Newshound Guru Kaperoni Sounds like current Prime Minister Abdul Mahdi may resign during parliament tomorrow.
10-30-2019 Newshound/Intel Guru MarkZ [via PDK] In Iraq it seems the mood is improving there...signs that they are celebrating something today...I have a contact in Iraq who says they hear they are moving forward with an RI. ...An RI or Re-instatement first makes the most sense to me…then do a RV or Revalue at a later date. An Ri should not affect our contract rate. If it comes out as an RI I will definitely let you all know. If Iraq does an RI of $3 plus and floats it upwards...I would still exchange all my currencies …imo of course...Its very important that no one violates your NDA….you do not want to lose anything.
10-30-2019 Newshound/Intel Guru Mnt Goat Are these demonstrations in our favor? Will they help get the RV? Yes and yes. Just think if it. We know there is massive corruption in Iraq especially through the currency auctions...WE know we can’t get the RV unless this corruption is fixed. So at least something now positive is going on to fix it. It may take longer than we want but this is all we can do.
10-30-2019 Intel Guru Frank26 …the IQD exchange rate is still stable. We just had a calamity. We just had killings. We just had explosions. We just had fires. It’s a disaster. It’s a war inside of Iraq…remember the riots they had almost three years ago? The Iraqi Dinar rate fluctuated like crazy…the country of Iraq was unstable at the time…there is no doom and gloom like it’s being painted...
10-30-2019 Newshound Guru chattels The Parliament seems to be attempting to implement some reforms in order to avoid the chaos of a caretaker government and new elections, but is it too little too late? Other parliamentary governments have certainly survived the failure of a government, but this is unplowed ground for the young Iraqi democracy. Will Iraq survive it all? Tune in tomorrow as the "Iraqi World Turns" in the "Dinar Days of our Lives".
10-30-2019 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT WILL VOTE ON THE SECOND REFORM PACKAGE" The House of Representatives plans to vote on the second reform package in the next few days that was, in part, called for by the demonstrators. Will this include currency reform and the project to delete the zeros?
10-30-2019 Intel Guru Bruce [via WiserNow] ...lot of things have happened – especially behind the scenes – I think sometime tomorrow [Wednesday]...we should have it [toll free numbers] and have it available to put out... this is what I’m being informed would be the case...We did get some rates and we believe everything is moving up slightly just like we thought and they’re going to be fantastic so you don’t have to worry about those at all... You know I cannot legitimately call it and I’ve told you many times that we’ve been very close as you know, and again today...tonight is one of those times...
10-30-2019 Newshound Guru Kaperoni Sounds like current Prime Minister Abdul Mahdi may resign during parliament tomorrow.
10-30-2019 Newshound/Intel Guru MarkZ [via PDK] In Iraq it seems the mood is improving there...signs that they are celebrating something today...I have a contact in Iraq who says they hear they are moving forward with an RI. ...An RI or Re-instatement first makes the most sense to me…then do a RV or Revalue at a later date. An Ri should not affect our contract rate. If it comes out as an RI I will definitely let you all know. If Iraq does an RI of $3 plus and floats it upwards...I would still exchange all my currencies …imo of course...Its very important that no one violates your NDA….you do not want to lose anything.
10-30-2019 Newshound/Intel Guru Mnt Goat Are these demonstrations in our favor? Will they help get the RV? Yes and yes. Just think if it. We know there is massive corruption in Iraq especially through the currency auctions...WE know we can’t get the RV unless this corruption is fixed. So at least something now positive is going on to fix it. It may take longer than we want but this is all we can do.
10-30-2019 Intel Guru Frank26 …the IQD exchange rate is still stable. We just had a calamity. We just had killings. We just had explosions. We just had fires. It’s a disaster. It’s a war inside of Iraq…remember the riots they had almost three years ago? The Iraqi Dinar rate fluctuated like crazy…the country of Iraq was unstable at the time…there is no doom and gloom like it’s being painted...
10-30-2019 Newshound Guru chattels The Parliament seems to be attempting to implement some reforms in order to avoid the chaos of a caretaker government and new elections, but is it too little too late? Other parliamentary governments have certainly survived the failure of a government, but this is unplowed ground for the young Iraqi democracy. Will Iraq survive it all? Tune in tomorrow as the "Iraqi World Turns" in the "Dinar Days of our Lives".
10-29-2019 Newshound/Intel Guru David M. Witty In Iraq, Muqtada Sadr calls for PM Abdel-Mahdi to resign, followed by early elections. PM refuses. Sadr calls on leader of Fatah Coalition, Ameri, to assist in removal of PM. Ameri says he will cooperate with Sadr to achieve goals of Iraqi people.
10-29-2019 Newshound Guru Kaperoni For those thinking the RV is coming the CBI has introduced a new 25,000 Dinar note with added security features. Guess the RV isn't coming just yet? ...Nothing is happening until after the Iraqi government sets the stage for foreign investment...
10-29-2019 Intel Guru Frank26 [via Clare] "THEY ARE AT THE JUNCTION OF DOING THE REST OF THE MR...IMO"
10-29-2019 Newshound/Intel Guru Mnt Goat So, we have almost reached the end of October 2019 and still no RV. ...I talked about the US OPAC sanctions and how they are impacting our ability to go to the bank and exchange. But remember also we need the rate on FOREX. This too is very important for us...Once the sanctions are lifted, I am sure the project to delete the zeros will follow and then the reinstatement will happen quickly and we will be at the banks exchanging almost immediately afterwards.
10-29-2019 Intel Guru MarkZ ...We heard there was problems at European Central Banks this week which are now fixed. [Now, Iraq wants a new government?] Yes they want another government...they are tired of waiting for the rv…hope it happens for them this week. We have very good contacts in Iraq. Last weekend we heard they were supposed to introduce the Lower Denominations widespread...We were told the US held them off because we weren’t ready. Due to the problem with the European banks...but they are still expecting the RV at any moment. I am still looking for it to go at any moment...
10-29-2019 Intel Guru Frank26 …Right now is a fascinating time for monetary reform…we have a “worst” situation that is going to be used to create a “best of” situation. The CBI is watching these protests. The CBI did not stop the monetary reform. "Well Frank they’ve slowed it down.” No. “Well Frank they’ve delayed it.” No…”They had a riot that killed 150 people they didn’t stop it then?” No. “Just the other day they had another 70 something more, they didn’t stop it then?” No. Do we have a pause, stoppage, delay or halt? No, not of monetary reform no…IMO the CBI, Allaq and whoever else is in there are very very anxious to raise the value of the Iraqi Dinar…
10-29-2019 Newshound Guru MilitiaMan Article quote: "...the celebrations were special in Baghdad by fireworks to celebrate..." Interesting the celebratory tone in this article...That sort of wording sound like a good thing not a bad thing... Could they have been told about and or shown the small notes and or depictions of them and this is the start of big things to come? Fireworks would be in order for that imo...
10-29-2019 Newshound Guru Kaperoni For those thinking the RV is coming the CBI has introduced a new 25,000 Dinar note with added security features. Guess the RV isn't coming just yet? ...Nothing is happening until after the Iraqi government sets the stage for foreign investment...
10-29-2019 Intel Guru Frank26 [via Clare] "THEY ARE AT THE JUNCTION OF DOING THE REST OF THE MR...IMO"
10-29-2019 Newshound/Intel Guru Mnt Goat So, we have almost reached the end of October 2019 and still no RV. ...I talked about the US OPAC sanctions and how they are impacting our ability to go to the bank and exchange. But remember also we need the rate on FOREX. This too is very important for us...Once the sanctions are lifted, I am sure the project to delete the zeros will follow and then the reinstatement will happen quickly and we will be at the banks exchanging almost immediately afterwards.
10-29-2019 Intel Guru MarkZ ...We heard there was problems at European Central Banks this week which are now fixed. [Now, Iraq wants a new government?] Yes they want another government...they are tired of waiting for the rv…hope it happens for them this week. We have very good contacts in Iraq. Last weekend we heard they were supposed to introduce the Lower Denominations widespread...We were told the US held them off because we weren’t ready. Due to the problem with the European banks...but they are still expecting the RV at any moment. I am still looking for it to go at any moment...
10-29-2019 Intel Guru Frank26 …Right now is a fascinating time for monetary reform…we have a “worst” situation that is going to be used to create a “best of” situation. The CBI is watching these protests. The CBI did not stop the monetary reform. "Well Frank they’ve slowed it down.” No. “Well Frank they’ve delayed it.” No…”They had a riot that killed 150 people they didn’t stop it then?” No. “Just the other day they had another 70 something more, they didn’t stop it then?” No. Do we have a pause, stoppage, delay or halt? No, not of monetary reform no…IMO the CBI, Allaq and whoever else is in there are very very anxious to raise the value of the Iraqi Dinar…
10-29-2019 Newshound Guru MilitiaMan Article quote: "...the celebrations were special in Baghdad by fireworks to celebrate..." Interesting the celebratory tone in this article...That sort of wording sound like a good thing not a bad thing... Could they have been told about and or shown the small notes and or depictions of them and this is the start of big things to come? Fireworks would be in order for that imo...
10-28-2019 Newshound Guru chattels Guru quote - " ...the RI will bring forth peace, prosperity and security. They know an international value related Dinar of a fully compliant Article 8 currency will bring all of those things... " The magic of the dinar is a panacea for all the ills of Iraq? Not likely. It is more likely that peace, prosperity and stability may yield an increase in the value of the dinar.
10-28-2019 Intel Guru MarkZ [...do you think that the riots in Iraq will stop the rv...?] I do not believe the riots in Iraq will stop the RV…I believe it will push it faster…These riots will not stop until they revalue their dinar… [...do you still believe it will be over by the 31st of October...?] Yes I do. [When do you look to see the 800 numbers?] They could appear right now and I would not be surprised...they could appear on Wednesday and I would not be surprised...anytime now… and I would not be surprised. I have great contacts in the banks and I personally believe there will be 800 numbers and no I do not think they are from the cabal.
10-28-2019 Newshound/Intel Guru RVAlready Wow. Baghdadi dead, GOI possibly disbanding, CBI close to RV, reforms to go forward, replacement government. This could be good for everybody. Maybe the replacements will represent the citizens, and not part of the corruption
10-28-2019 Intel Guru Delta ...ONE THE DEMAND IS TO STOP AUCTION AND MOVE TO MARKET ECONOMY WHICH IS REQUIRED ARTICLE 8 AND LIFTING 3 ZEROS AND GIVE DINAR TRUE VALUE...WHEN THINGS LOOKS BAD THAT WILL BE THE BEST TIME TO PULL IT...IMO.
10-28-2019 Newshound Guru VitalBrad …Some big Middle Eastern news just came out. Donald Trump tweeted…”Something very big has just happened!”… [article] “ISIS leader Abu Bakr al-Baghdadi Believed To Have Been Killed” … I believe this is another big victory to getting closer to Iraq’s currency restored. That whole region needs to be back in balance. Turkey, Syria, Iraq Iran. There’s still a lot of chaos going on over there in that whole region and we need peace.
10-28-2019 Newshound Guru Jeff …Iraq can’t wait too much longer. If you look at the demonstrations people are getting frustrated. People want the government to fulfill their obligations to the citizens. They’re looking for improved lives. Purchasing power. Better government services. Healthcare. Jobs. Better housing. Better lives. The government has promised them all that but the government can’t deliver that until the rate change…the governments hands are tied because external factors are in charge of the timing of the rate change. It’s that simple. There are not a lot of steps left for Iraq to do.
10-28-2019 Newshound Guru MilitiaMan Even if an interim GOI is installed or not this gets done...I am somewhat surprised Mahdi hasn’t seen by now that since they haven’t yet RI’d just yet, he is ineffective and will be going forward without it. They don’t RI he will be the loser, he resigns he will be a loser. The only way out imo could be, is for him to make sure there is an RI and quite quickly too. So, let’s see what the week brings. An emergency or extraordinary meeting is said to be slated for tomorrow [Monday]... [post 2 of 2
10-28-2019 Newshound Guru MilitiaMan I...see the demands of the people are well orchestrated, not as openly obvious as most would like. However, the next move is from the more affluent citizens. The professional level calling for to demonstrate tomorrow adds to the pressure to get the RI completed...They IMO know the RI will bring forth peace, prosperity and security. They know an international value related Dinar of a fully compliant Article 8 currency will bring all of those things... [post 1 of 2....stay tuned]
10-28-2019 Intel Guru MarkZ [...do you think that the riots in Iraq will stop the rv...?] I do not believe the riots in Iraq will stop the RV…I believe it will push it faster…These riots will not stop until they revalue their dinar… [...do you still believe it will be over by the 31st of October...?] Yes I do. [When do you look to see the 800 numbers?] They could appear right now and I would not be surprised...they could appear on Wednesday and I would not be surprised...anytime now… and I would not be surprised. I have great contacts in the banks and I personally believe there will be 800 numbers and no I do not think they are from the cabal.
10-28-2019 Newshound/Intel Guru RVAlready Wow. Baghdadi dead, GOI possibly disbanding, CBI close to RV, reforms to go forward, replacement government. This could be good for everybody. Maybe the replacements will represent the citizens, and not part of the corruption
10-28-2019 Intel Guru Delta ...ONE THE DEMAND IS TO STOP AUCTION AND MOVE TO MARKET ECONOMY WHICH IS REQUIRED ARTICLE 8 AND LIFTING 3 ZEROS AND GIVE DINAR TRUE VALUE...WHEN THINGS LOOKS BAD THAT WILL BE THE BEST TIME TO PULL IT...IMO.
10-28-2019 Newshound Guru VitalBrad …Some big Middle Eastern news just came out. Donald Trump tweeted…”Something very big has just happened!”… [article] “ISIS leader Abu Bakr al-Baghdadi Believed To Have Been Killed” … I believe this is another big victory to getting closer to Iraq’s currency restored. That whole region needs to be back in balance. Turkey, Syria, Iraq Iran. There’s still a lot of chaos going on over there in that whole region and we need peace.
10-28-2019 Newshound Guru Jeff …Iraq can’t wait too much longer. If you look at the demonstrations people are getting frustrated. People want the government to fulfill their obligations to the citizens. They’re looking for improved lives. Purchasing power. Better government services. Healthcare. Jobs. Better housing. Better lives. The government has promised them all that but the government can’t deliver that until the rate change…the governments hands are tied because external factors are in charge of the timing of the rate change. It’s that simple. There are not a lot of steps left for Iraq to do.
10-28-2019 Newshound Guru MilitiaMan Even if an interim GOI is installed or not this gets done...I am somewhat surprised Mahdi hasn’t seen by now that since they haven’t yet RI’d just yet, he is ineffective and will be going forward without it. They don’t RI he will be the loser, he resigns he will be a loser. The only way out imo could be, is for him to make sure there is an RI and quite quickly too. So, let’s see what the week brings. An emergency or extraordinary meeting is said to be slated for tomorrow [Monday]... [post 2 of 2
10-28-2019 Newshound Guru MilitiaMan I...see the demands of the people are well orchestrated, not as openly obvious as most would like. However, the next move is from the more affluent citizens. The professional level calling for to demonstrate tomorrow adds to the pressure to get the RI completed...They IMO know the RI will bring forth peace, prosperity and security. They know an international value related Dinar of a fully compliant Article 8 currency will bring all of those things... [post 1 of 2....stay tuned]
10-27-2019 Newshound/Intel Guru RVAlready ...seems a good time to pull the trigger to me... I am just sad that so many had to die in the protests.
10-27-2019 Newshound Guru ChrisC Article: "Barham Saleh holds an emergency meeting to discuss the dismissal of the government and the announcement of a transitional government" If you really look at the situation, this could have been predicted but is even more bold than I had anticipated. Remember the picture of him talking to Trump? Wasn't it this very guy that Trump said we have some really important things to talk about in private? ...I bet Trump had every person already picked for another govt., they just needed the people to make the choice of getting rid of the old one. I told you these guys are masters of this move. They come in and save the day and the people say "who was that masked man?".
10-27-2019 Newshound/Intel Guru David M. Witty Iraqi high level political source: Iraqi PM Abdel-Mahdi will resign due to protests.
10-27-2019 Intel Guru Frank26 ...THE GOI AND CBI ARE TWO COMPLETELY DIFFERENT ENTITIES ...THE GOI HAS AN AGENDA SELFISHLY FOR THEMSELVES. AS THE CBI ALSO HAS ITS OWN AGENDA! NEITHER ONE STOPS THEIR GOALS DUE TO THE OTHER. IMO ALAQ AND THE CBI'S RI IS MARCHING... EVEN AS THE CITZ MARCH AGAINST THE GOI. AND IMO ...THE GOI CONTINUES TO STEAL THE CITZ'S MONEY AS THE CBI CONTINUES TO TRY TO BRING BACK THE CITZ'S THEIR MONEY...
10-27-2019 Newshound Guru ChrisC Article: "Barham Saleh holds an emergency meeting to discuss the dismissal of the government and the announcement of a transitional government" If you really look at the situation, this could have been predicted but is even more bold than I had anticipated. Remember the picture of him talking to Trump? Wasn't it this very guy that Trump said we have some really important things to talk about in private? ...I bet Trump had every person already picked for another govt., they just needed the people to make the choice of getting rid of the old one. I told you these guys are masters of this move. They come in and save the day and the people say "who was that masked man?".
10-27-2019 Newshound/Intel Guru David M. Witty Iraqi high level political source: Iraqi PM Abdel-Mahdi will resign due to protests.
10-27-2019 Intel Guru Frank26 ...THE GOI AND CBI ARE TWO COMPLETELY DIFFERENT ENTITIES ...THE GOI HAS AN AGENDA SELFISHLY FOR THEMSELVES. AS THE CBI ALSO HAS ITS OWN AGENDA! NEITHER ONE STOPS THEIR GOALS DUE TO THE OTHER. IMO ALAQ AND THE CBI'S RI IS MARCHING... EVEN AS THE CITZ MARCH AGAINST THE GOI. AND IMO ...THE GOI CONTINUES TO STEAL THE CITZ'S MONEY AS THE CBI CONTINUES TO TRY TO BRING BACK THE CITZ'S THEIR MONEY...
10-26-2019 Newshound/Intel Guru Mnt Goat ...This is why Iraq has the currency auctions and must continue the auctions until the OFAC sanctions are lifted. ...The bottom line is the US must lift OFAC sanctions against Iraq or the banks will not be exchanging our Iraq dinars. This is something as dinar holders we all need to be aware of and look for... this has nothing to do with UN Chapter VII sanctions. These are in-addition to the UN sanctions. This is in dealing with the US banks. [post 3 of 3]
10-26-2019 Newshound/Intel Guru Mnt Goat What are OFAC sanctions? The US Office of Foreign Assets Control (OFAC) is responsible for creating, implementing and enforcing the United States’ sanctions...All of the following types of financial transactions should be reviewed for OFAC compliance: Deposit (checking & savings) accounts, Loans, Credit Cards, Wire transfers, ACH transfers. ...Iraq has already prepared themselves for the day when these sanctions will be lifted. But not yet. [post 2 of 3....stay tuned]
10-26-2019 Newshound/Intel Guru Mnt Goat ...what is holding up the reinstatement of the Iraqi dinar. We heard news in December 2017 that...UN Chapter VII sanctions has been lifted...Many were excited and hoped this would also release the currency...that this would free up the monetary system for Iraq and allow them to reinstate the currency. But this is NOT the case and here is why. In the recent past I told you it is the US that is holding up the final steps... let me show you now how the US is involved in holding up the reinstatement of the Iraqi dinar. OFAC Sanctions... [post 1 of 3....stay tuned]
10-26-2019 Newshound Guru Kaperoni The truth is the riots and protests are escalating in Iraq. Civil unrest is becoming evident. Iraq is doing everything It can just to keep things from falling apart. No reforms, no investment and no laws are being passed. If and when there is ever any currency reform it'll be when the country is stable, the laws are passed to invite in foreign investment, people are working, and Iraq has something to export other than oil. Only then can the CBI create the conditions to allow the currency to rise.
10-26-2019 Newshound/Intel Guru Mnt Goat What are OFAC sanctions? The US Office of Foreign Assets Control (OFAC) is responsible for creating, implementing and enforcing the United States’ sanctions...All of the following types of financial transactions should be reviewed for OFAC compliance: Deposit (checking & savings) accounts, Loans, Credit Cards, Wire transfers, ACH transfers. ...Iraq has already prepared themselves for the day when these sanctions will be lifted. But not yet. [post 2 of 3....stay tuned]
10-26-2019 Newshound/Intel Guru Mnt Goat ...what is holding up the reinstatement of the Iraqi dinar. We heard news in December 2017 that...UN Chapter VII sanctions has been lifted...Many were excited and hoped this would also release the currency...that this would free up the monetary system for Iraq and allow them to reinstate the currency. But this is NOT the case and here is why. In the recent past I told you it is the US that is holding up the final steps... let me show you now how the US is involved in holding up the reinstatement of the Iraqi dinar. OFAC Sanctions... [post 1 of 3....stay tuned]
10-26-2019 Newshound Guru Kaperoni The truth is the riots and protests are escalating in Iraq. Civil unrest is becoming evident. Iraq is doing everything It can just to keep things from falling apart. No reforms, no investment and no laws are being passed. If and when there is ever any currency reform it'll be when the country is stable, the laws are passed to invite in foreign investment, people are working, and Iraq has something to export other than oil. Only then can the CBI create the conditions to allow the currency to rise.
10-25-2019 **** Dinar Guru Update **** UPDATE: Guru Walkingstick had surgery yesterday. Word is that the surgery went well and he is recovering from that but still has a ways to go. He has been struggling with cancer for some time now. Please keep him in your thoughts and prayers for a successful day and speedy recovery.
10-25-2019 Intel Guru Frank26 ...ALAQ HAS COME OUT ONCE AGAIN...AND EVEN DURING THIS CHAOS...TO TALK ABOUT THE MONETARY REFORM. THE CBI IS OVERSEEING THE REACTION OF TODAY AND IMO...IS TRYING TO TELL THE CITIZENS TO CALM DOWN SO THAT THEY CAN DO WHAT THEY WANT TO DO FOR THE CITIZENS OF IRAQ. BASED ON OUR STUDY...EXACTLY WHAT WE TOLD YOU WOULD HAPPEN TODAY.
10-25-2019 Intel Guru Bruce I believe that it is conceivable that we would get started hopefully not pushed off until Monday - or even Saturday... But, we can’t say for sure... ...we’re not to talk about rates so I won’t but I will say that our sources that are close to the forex are saying that the value of certain currencies we have are continually going up... We know that Iraq has way passed their 72 hr window – I believe it’s just a matter of timing for everything to get released to us and hopefully that is soon rather than later... [post 2 of 2]
10-25-2019 Intel Guru Bruce [via WiserNow] ...last night, yesterday...they were sending out trounces of large funds...The funding is in place - The money is there - waiting for us...we were supposed to receive our notifications before lunchtime today – So what happened? Treasury stopped it from going this morning because there was a change in the number of currencies that were going to be put out in the first offering or the first basket...ultimately the plan is to not have but one release not a second or third or fourth basket - those days are gone...they don’t want those of us that are a part of this first offering to double up and purchase additional currency that we know are going in the second or third or fourth basket...that was decided on this morning...that’s how close we are... [post 1 of 2....stay tuned]
10-25-2019 Intel Guru MarkZ This thing can go anytime...even a weekend imo... The reset is not dependent on a day or time. A lot of unrest in Iraq...this will continue until they get the new rate... My contacts in Iraq feel they will see they new rate this weekend...We are in the middle of one of the biggest events in history right now…
10-25-2019 Newshound Guru Kaperoni The dinar cannot RV...Nothing is about to happen other than acceptance of IMF Article VIII which we believe may happen early next year. As for the dinar exchange rate, I believe it'll gradually appreciate overtime as instructed by the IMF and the 2013 IMF Article IV Consultation. Following that directive allows for the currency to increase in value but also provides the tool the CBI needs to counter inflationary pressure created by an influx of capital as investors come to rebuild Iraq's infrastructure. I guess we'll have to see who's right, but my money is the CBI following the IMF and having tools and mechanisms to maintain price stability throughout the country.
10-25-2019 Intel Guru Bruce I believe that it is conceivable that we would get started hopefully not pushed off until Monday - or even Saturday... But, we can’t say for sure... ...we’re not to talk about rates so I won’t but I will say that our sources that are close to the forex are saying that the value of certain currencies we have are continually going up... We know that Iraq has way passed their 72 hr window – I believe it’s just a matter of timing for everything to get released to us and hopefully that is soon rather than later... [post 2 of 2]
10-25-2019 Intel Guru Bruce [via WiserNow] ...last night, yesterday...they were sending out trounces of large funds...The funding is in place - The money is there - waiting for us...we were supposed to receive our notifications before lunchtime today – So what happened? Treasury stopped it from going this morning because there was a change in the number of currencies that were going to be put out in the first offering or the first basket...ultimately the plan is to not have but one release not a second or third or fourth basket - those days are gone...they don’t want those of us that are a part of this first offering to double up and purchase additional currency that we know are going in the second or third or fourth basket...that was decided on this morning...that’s how close we are... [post 1 of 2....stay tuned]
10-25-2019 Intel Guru MarkZ This thing can go anytime...even a weekend imo... The reset is not dependent on a day or time. A lot of unrest in Iraq...this will continue until they get the new rate... My contacts in Iraq feel they will see they new rate this weekend...We are in the middle of one of the biggest events in history right now…
10-25-2019 Newshound Guru Kaperoni The dinar cannot RV...Nothing is about to happen other than acceptance of IMF Article VIII which we believe may happen early next year. As for the dinar exchange rate, I believe it'll gradually appreciate overtime as instructed by the IMF and the 2013 IMF Article IV Consultation. Following that directive allows for the currency to increase in value but also provides the tool the CBI needs to counter inflationary pressure created by an influx of capital as investors come to rebuild Iraq's infrastructure. I guess we'll have to see who's right, but my money is the CBI following the IMF and having tools and mechanisms to maintain price stability throughout the country.
10-24-2019 Intel Guru Delta Article: "Launch of the electronic platform Iraq Trade Point to provide information support to investors and businessmen" "...the platform has an active role in the development of electronic business transactions in order to support Iraq's economy internationally through its membership in the Federal Federation of World Trade Points..."
10-24-2019 Newshound Guru Kaperoni Article quote: "Large-scale demonstrations expected to take place October 25, 2019 after Friday prayers." The protests are ramping back up for tomorrow in Baghdad and throughout Iraq this could get ugly but hopefully it'll stay civil. We don't need more setbacks in reforms.
10-24-2019 Intel Guru MarkZ [via PDK] I know we are still in a very good place according to all sources. I am still told by bankers that this is it...this is our week...but they keep saying that while nothing happens...The lack of real news has me upset...yesterday should have been a big day for us all. The lack of information may be the calm before the storm, and I hope it is…Iraq is ready...Iraq is waiting on us and I think it’s the greedy bankers not letting it go...the gold is in place to back it up…they need to LET IT GO...I believe the reset and the gold standard will be released at the same time…if we were already on the gold standard IMO we would all already been paid.
10-24-2019 Intel Guru Frank26 ...IMO all the banks in Iraq received a schedule but not all received the lower denoms because the protesting on the 25th will determine if the rest are delivered or not...the 25th IMO can cancel the schedule but I don't think so...
10-24-2019 Newshound Guru MilitiaMan Article: "The Minister of Finance signs a Memorandum of Understanding in Washington with the World Bank" It sure looks like the Big Boyz have dotted some I's and Crossed some T's and it couldn't have come in a more timely manner, especially for the INTERNATIONAL INVESTORS to kick start the party. That party needs workers not unemployed demonstrators. International Investors need a rate that is internationally accepted. ...the reforms to have merit they need a rate, just as we await the depictions of the new medium of exchange to go along with that internationally accepted rate (NSCN's, Coins and or Fils) . imo Things are very exciting and we all should be pleased to see the way it it unfolding now...imo!
10-24-2019 Newshound Guru Kaperoni I hope people realize there's no such thing as an NDA when it comes to dinar...
10-24-2019 Newshound Guru Mnt Goat Taken from this site [below site link and image] on Tuesday Oct 22, 2019, Iraqi Dinar is at 84 cents sell rate (bid), but unfortunately the buy rate (when the banks buy it from you) is still 1/8 of a penny. You can see where they are going with this currency and what the rate will probably come out in Iraq once they delete the zeros. {Below image comes from: https://ferates.com/visa/usd . As of Thursday morning it is still showing same rates.}
10-24-2019 Newshound Guru Kaperoni Article quote: "Large-scale demonstrations expected to take place October 25, 2019 after Friday prayers." The protests are ramping back up for tomorrow in Baghdad and throughout Iraq this could get ugly but hopefully it'll stay civil. We don't need more setbacks in reforms.
10-24-2019 Intel Guru MarkZ [via PDK] I know we are still in a very good place according to all sources. I am still told by bankers that this is it...this is our week...but they keep saying that while nothing happens...The lack of real news has me upset...yesterday should have been a big day for us all. The lack of information may be the calm before the storm, and I hope it is…Iraq is ready...Iraq is waiting on us and I think it’s the greedy bankers not letting it go...the gold is in place to back it up…they need to LET IT GO...I believe the reset and the gold standard will be released at the same time…if we were already on the gold standard IMO we would all already been paid.
10-24-2019 Intel Guru Frank26 ...IMO all the banks in Iraq received a schedule but not all received the lower denoms because the protesting on the 25th will determine if the rest are delivered or not...the 25th IMO can cancel the schedule but I don't think so...
10-24-2019 Newshound Guru MilitiaMan Article: "The Minister of Finance signs a Memorandum of Understanding in Washington with the World Bank" It sure looks like the Big Boyz have dotted some I's and Crossed some T's and it couldn't have come in a more timely manner, especially for the INTERNATIONAL INVESTORS to kick start the party. That party needs workers not unemployed demonstrators. International Investors need a rate that is internationally accepted. ...the reforms to have merit they need a rate, just as we await the depictions of the new medium of exchange to go along with that internationally accepted rate (NSCN's, Coins and or Fils) . imo Things are very exciting and we all should be pleased to see the way it it unfolding now...imo!
10-24-2019 Newshound Guru Kaperoni I hope people realize there's no such thing as an NDA when it comes to dinar...
10-24-2019 Newshound Guru Mnt Goat Taken from this site [below site link and image] on Tuesday Oct 22, 2019, Iraqi Dinar is at 84 cents sell rate (bid), but unfortunately the buy rate (when the banks buy it from you) is still 1/8 of a penny. You can see where they are going with this currency and what the rate will probably come out in Iraq once they delete the zeros. {Below image comes from: https://ferates.com/visa/usd . As of Thursday morning it is still showing same rates.}
Screenshot from ferates.com for the dollar currency exchange - Iraqi dinar
10-23-2019 Intel Guru MarkZ [What is your guess on the dong street rate?] My guess is it will come out around .47 and be allowed to float...watch it closely.
10-23-2019 Intel Guru MarkZ I am being leaned on to not share much information right now...Depending on the NDA I sign – it will determine if I keep doing streams or not…I will strictly adhere to the NDA… In Iraq - there is no new rate at the street level as of yet. I have a contact there that I am trying to get pictures of LD’s from...I did hear the interbank rates from Iraq are available here in the US.
10-23-2019 Intel Guru Bruce [via WiserNow] ...Lets talk a little bit about what happened Saturday...Iraq reinstated/ or revalued their dinar...it was known to be international...It’s not known here yet – we know it early because of our contacts in Iraq - but that is excellent news...this is the first fruits of what we all have been waiting for 15-16 years as far as what the dinar could be worth - 8.22 - and I understand it went up slightly from there – it could be higher than that now...Now will the dong be far from it – should not be that far away...I know roughly Its going to be in that range...I want all you guys to realize how close we are to the end...
10-23-2019 Newshound/Intel Guru David M. Witty Iraqi PM Abdel-Mahdi to address nation tomorrow, one day before planned protests. He will discuss a number of reforms.
10-23-2019 Intel Guru MarkZ [the RV IS NOT SUPPOSED TO BE TAXED PER TRUMP.] I have heard that as well….but to be on the safe side- plan for taxes…prepare for the worst and hope for the best…and we all hope you are right. [NOTE: Other gurus feel it will be considered income...Consult your tax professional at the appropriate time.]
10-23-2019 Newshound/Intel Guru Mnt Goat ...We know that there are three lists of demands by the protestors. The first list included a demand to do away with the currency auctions...So, do they have plans to do away with the currency auctions any time soon? Yes...Can this all happen any time soon? Yes, it can and very quickly if there is permission to do it...If I were to guess I would say that they are waiting for the January 2020 timeframe, as we know for sure this is the best time to reinstate the currency due to accounting issues. The demands of the protestors might make this happen sooner than later. We just have to wait and see.
10-23-2019 Intel Guru MarkZ [Frank [Guru Frank26] thinks the Dong will rv at a later time] I have been told repeatedly it will go at the same time as the dinar...my redemption center contacts have trained to exchange the dong along with many other currencies in the first basket including IQD.
10-23-2019 Newshound Guru Kaperoni [does the price of oil have anything to do with Iraq adding value?] No. The price of oil is only relative to their budget because 50% of their budget is state salaries and the rest of it is operational expenses. So having consistent oil prices is important so that they can meet their budget every year. Iraq still hasn't delivered the 2020 budget [to?] Parliament for review and passing. This is a unique budget because it will include a government/private sector partnership to launch the market economy which could include up to $70 billion dollars additional expenses.
10-23-2019 Intel Guru MarkZ I am being leaned on to not share much information right now...Depending on the NDA I sign – it will determine if I keep doing streams or not…I will strictly adhere to the NDA… In Iraq - there is no new rate at the street level as of yet. I have a contact there that I am trying to get pictures of LD’s from...I did hear the interbank rates from Iraq are available here in the US.
10-23-2019 Intel Guru Bruce [via WiserNow] ...Lets talk a little bit about what happened Saturday...Iraq reinstated/ or revalued their dinar...it was known to be international...It’s not known here yet – we know it early because of our contacts in Iraq - but that is excellent news...this is the first fruits of what we all have been waiting for 15-16 years as far as what the dinar could be worth - 8.22 - and I understand it went up slightly from there – it could be higher than that now...Now will the dong be far from it – should not be that far away...I know roughly Its going to be in that range...I want all you guys to realize how close we are to the end...
10-23-2019 Newshound/Intel Guru David M. Witty Iraqi PM Abdel-Mahdi to address nation tomorrow, one day before planned protests. He will discuss a number of reforms.
10-23-2019 Intel Guru MarkZ [the RV IS NOT SUPPOSED TO BE TAXED PER TRUMP.] I have heard that as well….but to be on the safe side- plan for taxes…prepare for the worst and hope for the best…and we all hope you are right. [NOTE: Other gurus feel it will be considered income...Consult your tax professional at the appropriate time.]
10-23-2019 Newshound/Intel Guru Mnt Goat ...We know that there are three lists of demands by the protestors. The first list included a demand to do away with the currency auctions...So, do they have plans to do away with the currency auctions any time soon? Yes...Can this all happen any time soon? Yes, it can and very quickly if there is permission to do it...If I were to guess I would say that they are waiting for the January 2020 timeframe, as we know for sure this is the best time to reinstate the currency due to accounting issues. The demands of the protestors might make this happen sooner than later. We just have to wait and see.
10-23-2019 Intel Guru MarkZ [Frank [Guru Frank26] thinks the Dong will rv at a later time] I have been told repeatedly it will go at the same time as the dinar...my redemption center contacts have trained to exchange the dong along with many other currencies in the first basket including IQD.
10-23-2019 Newshound Guru Kaperoni [does the price of oil have anything to do with Iraq adding value?] No. The price of oil is only relative to their budget because 50% of their budget is state salaries and the rest of it is operational expenses. So having consistent oil prices is important so that they can meet their budget every year. Iraq still hasn't delivered the 2020 budget [to?] Parliament for review and passing. This is a unique budget because it will include a government/private sector partnership to launch the market economy which could include up to $70 billion dollars additional expenses.
10-22-2019 Newshound/Intel Guru Mnt Goat 5. part of the protesters demands is that they are sick and tired of promises by the GOI, finance committee and the CBI. They now want action and their demands fulfilled. This could be in our favor to pushing the US to approve the final steps of the project to delete the zeros. ...The request to continue with the “project to delete the zeros” has been made many times already and it has been stalled over and over again...This project includes ending the currency auctions and using the dinar globally for trade. It also includes eventually reinstating the dinar, repegging it, then placing it on the open-market currency trading platforms and placing it on a float. This is when we go to the bank. [post 2 of 2]
10-22-2019 Newshound/Intel Guru Mnt Goat what do we do know for sure? We know this: 1. to assist in developing the private sector initiatives in Iraq, they will need a viable currency and be on a level trading platform with the rest of the middle east and the world; 2. the private sector in Iraq will not take off until Iraq brings back its currency; 3. the CBI is ready to move ahead and has completed all banking reforms and progressed to the point of just waiting to issue the smaller of the smaller category notes at the banks; 4. corruption along with stalling by the US government to give permission to Iraq is the down side. The US is using the reinstatement as leverage to get what it wants from Iraq; [post 1 of 2...stay tuned]
10-22-2019 Intel Guru MarkZ Iraq is very hopeful for the new rate this week and are still saying they will go with or without us this week...I am sure they will be going with us, and hope to have a update soon. The chatter that got everyone excited over night is about “interbank rates” changing and moving which is an excellent sign we are very close. That we are right on top of it... I am more than a little excited about that.
10-22-2019 Intel Guru Frank26 Our broker called and told us...it's getting to the point where it's impossible to get the dinar now.
10-22-2019 Intel Guru MarkZ Lots of exciting chatter today…lots of rumors that I will only be allowed to do a few more streams before the NDA makes me go quiet. I am told by 2 different banking sources that I will still be allowed to deliver 800 numbers to you all. [Are we waiting for the LD’s to go first?] No – I think they will go the same time…and with all the articles out there in Iraq about LD’s we have to be close. [Could today still be a possibility?] It absolutely still could be a possibility.
10-22-2019 Intel Guru Frank26 IMO the lower denoms can't come out until: #1. The pictures and descriptions of them #2. The change in the rate.
10-22-2019 Newshound/Intel Guru Walkingstick (via Frank26) ...this Friday I believe the citizens will protest and it's not going to be a normal protest...This is the first time that we see a protest from the Iraqi citizens demanding for purchasing power, their oil proceeds rights and back pay...never have we seen this before. This is historical. The citizens are asking for what they were educated on and what they were promised and what they are entitled...they are focused on the reforms.
10-22-2019 Newshound Guru Jeff ...parliament and or the country of Iraq have very little left to do to be able to change the rate. Right now per the current facts and this can change...They only have two remaining steps. They obviously have to finish the formation of the government and get the proxies out...They gave us the back wall to get the proxies out as October 24...October 24 is not very far away now so we'll have to see how that plays out. The other thing they have to do is finish and approve the budget. Just yesterday two articles came out basically saying they they're close to reaching an agreement...
10-22-2019 Intel/Newshound Guru sandyf [Revaluation of Iraqi Dinar - The best example of Iraqi dinar revaluation is the Kuwaiti Dinar revaluation that occurred in 1990 and people who invested in the Kuwaiti dinar became billionaire over night.] ...As for Kuwait, there was never any revaluation, during the occupation the KWD was removed as the national currency and then reinstated. During that time the Central Bank of Kuwait still operated in exile and they never changed anything, a revaluation can only come from the Central Bank, anything else is speculation. This is how the reinstated value came about. "The banks were instructed to set their accounts at their August 1, 1990 levels, and to pay interest on savings and fixed deposit accounts for the entire period of the occupation."...
10-22-2019 Newshound/Intel Guru Mnt Goat what do we do know for sure? We know this: 1. to assist in developing the private sector initiatives in Iraq, they will need a viable currency and be on a level trading platform with the rest of the middle east and the world; 2. the private sector in Iraq will not take off until Iraq brings back its currency; 3. the CBI is ready to move ahead and has completed all banking reforms and progressed to the point of just waiting to issue the smaller of the smaller category notes at the banks; 4. corruption along with stalling by the US government to give permission to Iraq is the down side. The US is using the reinstatement as leverage to get what it wants from Iraq; [post 1 of 2...stay tuned]
10-22-2019 Intel Guru MarkZ Iraq is very hopeful for the new rate this week and are still saying they will go with or without us this week...I am sure they will be going with us, and hope to have a update soon. The chatter that got everyone excited over night is about “interbank rates” changing and moving which is an excellent sign we are very close. That we are right on top of it... I am more than a little excited about that.
10-22-2019 Intel Guru Frank26 Our broker called and told us...it's getting to the point where it's impossible to get the dinar now.
10-22-2019 Intel Guru MarkZ Lots of exciting chatter today…lots of rumors that I will only be allowed to do a few more streams before the NDA makes me go quiet. I am told by 2 different banking sources that I will still be allowed to deliver 800 numbers to you all. [Are we waiting for the LD’s to go first?] No – I think they will go the same time…and with all the articles out there in Iraq about LD’s we have to be close. [Could today still be a possibility?] It absolutely still could be a possibility.
10-22-2019 Intel Guru Frank26 IMO the lower denoms can't come out until: #1. The pictures and descriptions of them #2. The change in the rate.
10-22-2019 Newshound/Intel Guru Walkingstick (via Frank26) ...this Friday I believe the citizens will protest and it's not going to be a normal protest...This is the first time that we see a protest from the Iraqi citizens demanding for purchasing power, their oil proceeds rights and back pay...never have we seen this before. This is historical. The citizens are asking for what they were educated on and what they were promised and what they are entitled...they are focused on the reforms.
10-22-2019 Newshound Guru Jeff ...parliament and or the country of Iraq have very little left to do to be able to change the rate. Right now per the current facts and this can change...They only have two remaining steps. They obviously have to finish the formation of the government and get the proxies out...They gave us the back wall to get the proxies out as October 24...October 24 is not very far away now so we'll have to see how that plays out. The other thing they have to do is finish and approve the budget. Just yesterday two articles came out basically saying they they're close to reaching an agreement...
10-22-2019 Intel/Newshound Guru sandyf [Revaluation of Iraqi Dinar - The best example of Iraqi dinar revaluation is the Kuwaiti Dinar revaluation that occurred in 1990 and people who invested in the Kuwaiti dinar became billionaire over night.] ...As for Kuwait, there was never any revaluation, during the occupation the KWD was removed as the national currency and then reinstated. During that time the Central Bank of Kuwait still operated in exile and they never changed anything, a revaluation can only come from the Central Bank, anything else is speculation. This is how the reinstated value came about. "The banks were instructed to set their accounts at their August 1, 1990 levels, and to pay interest on savings and fixed deposit accounts for the entire period of the occupation."...
10-21-2019 Newshound Guru ChrisC More than a few people have contacted me...about what is going on with the...RV. ...I see the possibility of ending this deal this week before stuff hits the fan on Friday...IMO.
10-21-2019 Intel Guru MarkZ [Is the dong rate still at $2.25?] I am hearing anything from .47 to $2.25.
10-21-2019 Intel Guru MarkZ [via PDK] In Iraq we are hearing in-country at $3.91 and a rumor of $8 possibly out of country …It is a rumor as of now…but from several sources…trying to vet this... The Chinese do have the power to force this…they control the gold...they want it done right though…The people in Reno desperately want this done so they can go home…I still think the UST is the hold up... [Will we all be under a NDA?] Its very possible …we will not know until we exchange…I hear it will be around 90 days…but all is rumor until we exchange. [Are you still expecting the RV in Oct?] I absolutely am still expecting it in Oct…and am very excited about this week.
10-21-2019 Intel Guru Sergio My Conversation with the WTO ...1 Question: Does the WTO have anything to do with the exchange rate of Iraq? Answer: No the WTO facilitates the trade of goods and services between countries. 2 Question: What is the hold up of Iraq becoming a full member of the WTO? Answer: ...The stats on Iraq is that they still have not provided a service and goods assessment. 3 Question: Do you know anything that if Iraq becomes a full member of the WTO that Iraq's exchange rate would go up. Answer: I can not say with any type of authority or knowledge that that will happen, our main position as i said before is to facilitate Trade. ...
10-21-2019 Intel Guru MarkZ [Is the dong rate still at $2.25?] I am hearing anything from .47 to $2.25.
10-21-2019 Intel Guru MarkZ [via PDK] In Iraq we are hearing in-country at $3.91 and a rumor of $8 possibly out of country …It is a rumor as of now…but from several sources…trying to vet this... The Chinese do have the power to force this…they control the gold...they want it done right though…The people in Reno desperately want this done so they can go home…I still think the UST is the hold up... [Will we all be under a NDA?] Its very possible …we will not know until we exchange…I hear it will be around 90 days…but all is rumor until we exchange. [Are you still expecting the RV in Oct?] I absolutely am still expecting it in Oct…and am very excited about this week.
10-21-2019 Intel Guru Sergio My Conversation with the WTO ...1 Question: Does the WTO have anything to do with the exchange rate of Iraq? Answer: No the WTO facilitates the trade of goods and services between countries. 2 Question: What is the hold up of Iraq becoming a full member of the WTO? Answer: ...The stats on Iraq is that they still have not provided a service and goods assessment. 3 Question: Do you know anything that if Iraq becomes a full member of the WTO that Iraq's exchange rate would go up. Answer: I can not say with any type of authority or knowledge that that will happen, our main position as i said before is to facilitate Trade. ...
10-20-2019 Intel Guru Sergio Hello everyone. I have a UN update. I just got off the phone with the person who heads the communication with IRAQ. Call went like this...i have a question on Iraq Chapter 7 and their currency. ...I said i wanted to know if Iraq has to come out of chapter 7 before they can have a tradable Currency? He said NO!! i then told him i was told from a person in the UN before that they would have to come out of Chapter 7 he said the person gave me the wrong answer...
10-20-2019 Intel Guru Frank26 Article quote: "Together with my delegation, I met today in #Washington with @FeridBelhaj , @WorldBank VP- ME and NA and his team. We discussed the various projects the WB is undertaking in #Iraq & agreed to adapt new methodologies to expedite implementation." "EXPEDITE IMPLEMENTATION" ...FUAD/IMF/WB/UST/WDC...
10-20-2019 Newshound Guru larrykn Article: "Sadr urges protesters to take back to streets on Friday" The demonstrators might be the key to what we want to see...the pressure is on now...what Sadr says will come to be most of the time, so lets see what happens.
10-20-2019 Newshound/Intel Guru Francis Albert Some believe that Iraq is Sovereign and the GOI and CBI can do what they wish. This is just a short paragraph from Sadr's Friday address to the mosques. “...They all know that they have surrendered to those outside the border and that they will not be able to make any decision without their consent,”
10-20-2019 Intel Guru RayRen98 EXCHANGE LOCATION CENTERS DON'T EXPECT TO BE STAFFED UNTIL MONDAY...SO RELAX OR PARTY HEARTY, IT'S YOUR CHOICE. HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME ...JUS SAYIN'.
10-20-2019 Intel Guru Frank26 Article quote: "Together with my delegation, I met today in #Washington with @FeridBelhaj , @WorldBank VP- ME and NA and his team. We discussed the various projects the WB is undertaking in #Iraq & agreed to adapt new methodologies to expedite implementation." "EXPEDITE IMPLEMENTATION" ...FUAD/IMF/WB/UST/WDC...
10-20-2019 Newshound Guru larrykn Article: "Sadr urges protesters to take back to streets on Friday" The demonstrators might be the key to what we want to see...the pressure is on now...what Sadr says will come to be most of the time, so lets see what happens.
10-20-2019 Newshound/Intel Guru Francis Albert Some believe that Iraq is Sovereign and the GOI and CBI can do what they wish. This is just a short paragraph from Sadr's Friday address to the mosques. “...They all know that they have surrendered to those outside the border and that they will not be able to make any decision without their consent,”
10-20-2019 Intel Guru RayRen98 EXCHANGE LOCATION CENTERS DON'T EXPECT TO BE STAFFED UNTIL MONDAY...SO RELAX OR PARTY HEARTY, IT'S YOUR CHOICE. HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME ...JUS SAYIN'.
10-18-2019 Intel Guru MarkZ [via PDK] [Do you still think there will be no taxes on our exchange.] That is what I was told...It’s best to prepare for anything however. If there are taxes the good news is for most of us it will be long-term capital gains. [NOTE: Other gurus feel the dinar will be treated as ordinary income. Consult your tax professional at the appropriate time.]
10-18-2019 Newshound Guru Bloodloch "We’ve taken control of the oil in the Middle East, the oil that we’re talking about, the oil that everybody was worried about. We have the U.S. control of that,” Trump said..." Literally? Allegorically? Financially? At the very least, it is an intriguing statement.
10-18-2019 Intel Guru MarkZ [via PDK] I still feel we are very close...right on the edge of seeing this all happen for us. I’m still excited at where we are. There are a few things that I cannot share that makes me believe we will be underway in Oct. In Iraq they still are planning on going without the US if it doesn’t happen by next week. If this happens it will be “in-country” at first…but do not worry…It will force things to move quicker internationally IMO…
10-18-2019 Newshound Guru Kaperoni ...I've never said Parliament sets monetary policy. But Parliament passes laws and they can pass a law to remove the zeros off the notes or change the value of the notes. Like all countries that Redenominate their government must pass a law first. ...We don't want Parliament involved.
10-18-2019 Newshound/Intel Guru David M. Witty Iraqi protest coordinators delay planned 25 October protests until 22 November & give government 30 days to amend the constitution.
10-18-2019 Newshound/Intel Guru Mnt Goat Article: "POLITICAL DIFFERENCES STILL CONSTITUTE AN OBSTACLE TO THE LEGISLATION OF THE OIL AND GAS LAW" I keep telling everyone that the oil and gas law is imperative to getting the reinstatement of the Iraqi dinar. So, here is yet another article telling us the importance of it. I especially like this last statement and I quote – “stressing that the law, if approved, will join the sale of oil in terms of economic return”. Funny how this law comes up whenever we are in a period of time when we think that perhaps the project to delete the zeros might take off soon and be completed.
10-18-2019 Newshound Guru Bloodloch "We’ve taken control of the oil in the Middle East, the oil that we’re talking about, the oil that everybody was worried about. We have the U.S. control of that,” Trump said..." Literally? Allegorically? Financially? At the very least, it is an intriguing statement.
10-18-2019 Intel Guru MarkZ [via PDK] I still feel we are very close...right on the edge of seeing this all happen for us. I’m still excited at where we are. There are a few things that I cannot share that makes me believe we will be underway in Oct. In Iraq they still are planning on going without the US if it doesn’t happen by next week. If this happens it will be “in-country” at first…but do not worry…It will force things to move quicker internationally IMO…
10-18-2019 Newshound Guru Kaperoni ...I've never said Parliament sets monetary policy. But Parliament passes laws and they can pass a law to remove the zeros off the notes or change the value of the notes. Like all countries that Redenominate their government must pass a law first. ...We don't want Parliament involved.
10-18-2019 Newshound/Intel Guru David M. Witty Iraqi protest coordinators delay planned 25 October protests until 22 November & give government 30 days to amend the constitution.
10-18-2019 Newshound/Intel Guru Mnt Goat Article: "POLITICAL DIFFERENCES STILL CONSTITUTE AN OBSTACLE TO THE LEGISLATION OF THE OIL AND GAS LAW" I keep telling everyone that the oil and gas law is imperative to getting the reinstatement of the Iraqi dinar. So, here is yet another article telling us the importance of it. I especially like this last statement and I quote – “stressing that the law, if approved, will join the sale of oil in terms of economic return”. Funny how this law comes up whenever we are in a period of time when we think that perhaps the project to delete the zeros might take off soon and be completed.
10-19-2019 Newshound/Intel Guru Francis Albert ...This may be nothing, but it appears Minister of Finance has met with 3 of the 4 parties many believe are on the top of the food chain for currency reform in Iraq. World Bank, IMF and U.S. Treasury. Could just be a fast ball in the dirt to swing at so be careful. ...my understanding of politics and Central banking over many years... Any thing can happen overnight with just a few signatures from folks with the same motives. ...Very possible that President Trump is the man in all this. If so, He' smart enough to release it when it is just the right time for his needs.
10-19-2019 Intel Guru Frank26 ...LAST WEEK THE MINISTER OF FINANCE OF THE GOI MET WITH ONE OF THE FAB FOUR IN WASHINGTON DC...THE IMF. THEN DAYS LATER HE MET WITH...A SECOND OF THE FAB FOUR IN WASHINGTON DC ...THE UST WITH STEVE MNUCHIN. THEN...TODAY...THIS MINISTER OF FINANCE OF THE GOI MET WITH ...THE EXECUTIVE DIRECTOR OF THE...WORLD BANK...A THIRD OF THE FAB FOUR. ...THE PRESIDENT OF THE UNITED STATES DONALD J. TRUMP...THE FOURTH OF THE FAB FOUR...WILL NOW BECOME MORE DEEPLY INVOLVED WITH...IRAQ!!! "Who's Your Daddy".
10-19-2019 Newshound Guru larrykn I think it will happen or I wouldn't be here. the ? is when and what year. I was hoping that the protest over there would turn in our favor but no one would know what Iraq will do. they surprise us all the time.
10-19-2019 Intel Guru Frank26 Who do you think is in charge of the Iraqi monetary reform? ...I believe the fab 4 are in charge of the of monetary reform. We've seen it proven over and over again...the IMF, WB, UST, President of the U.S...the Fab 4 were ready many many years ago when Obama was in control...Obama decided to pull back the troops and ISIS took over and that just killed the reinstatement of the Iraqi dinar...Trump's administration will now focus on Iraq...Donald Trump...is now going to get heavily involved with Iraq..
10-19-2019 Intel Guru Sergio I devoted so much time in contacting people all over to get info from the WTO IMF Trade Bank Bank Presidents I was on a mission. And what it all came back is The CBI is the one who decides.
10-19-2019 Intel Guru Frank26 ...LAST WEEK THE MINISTER OF FINANCE OF THE GOI MET WITH ONE OF THE FAB FOUR IN WASHINGTON DC...THE IMF. THEN DAYS LATER HE MET WITH...A SECOND OF THE FAB FOUR IN WASHINGTON DC ...THE UST WITH STEVE MNUCHIN. THEN...TODAY...THIS MINISTER OF FINANCE OF THE GOI MET WITH ...THE EXECUTIVE DIRECTOR OF THE...WORLD BANK...A THIRD OF THE FAB FOUR. ...THE PRESIDENT OF THE UNITED STATES DONALD J. TRUMP...THE FOURTH OF THE FAB FOUR...WILL NOW BECOME MORE DEEPLY INVOLVED WITH...IRAQ!!! "Who's Your Daddy".
10-19-2019 Newshound Guru larrykn I think it will happen or I wouldn't be here. the ? is when and what year. I was hoping that the protest over there would turn in our favor but no one would know what Iraq will do. they surprise us all the time.
10-19-2019 Intel Guru Frank26 Who do you think is in charge of the Iraqi monetary reform? ...I believe the fab 4 are in charge of the of monetary reform. We've seen it proven over and over again...the IMF, WB, UST, President of the U.S...the Fab 4 were ready many many years ago when Obama was in control...Obama decided to pull back the troops and ISIS took over and that just killed the reinstatement of the Iraqi dinar...Trump's administration will now focus on Iraq...Donald Trump...is now going to get heavily involved with Iraq..
10-19-2019 Intel Guru Sergio I devoted so much time in contacting people all over to get info from the WTO IMF Trade Bank Bank Presidents I was on a mission. And what it all came back is The CBI is the one who decides.
10-17-2019 Newshound Guru Jeff ...about a month ago they told us in the month of February they were going to implement financial controls and measures at the ports and borders to control the funding and financing of terrorism and money laundering. The only reason you would implement those types of steps is most likely for a rate change...
10-17-2019 Intel/Newshound Guru Francis Albert To respond to Kap's quote [Reference Guru Kaperoni's 10-16-2019 Post] ...the balance sheet from CBI shows 48 Trillion Dinar "out there." Higher than what Kap has been saying. The things I believe he's missing. Firstly the Oil Credits and the banks create the dollars, UST ends up with oodles of Dinar and exchange bank to CBI, (when it is comfortable for Iraq ), at a cheap oil cost. Without the credits the whole point of the war is moot. Secondly, no one, including myself or Kap knows where these 48 Trillion Dinar are. He's assuming if Dinar goes from current to .50 then Iraq has to pony up 24 Trillion Dollars. Bad assumption. IMO, the vast, vast majority of these Dinar are in Central Banks around the globe. The very Central Banks that orchestrated the war. They have all the prerogative in the World to exchange whenever they want, up to 10 years..or not at all.
10-17-2019 Newshound/Intel Guru RVAlready ...People are speculating that Iraq wants this done before the Oct 25 protests...However the big pilgrimage to Karbala Iraq is Sat - Sun this week. I cannot help the feeling that they should have done this in January or earlier, instead of waiting until October...All of those in charge certainly need to quit the procrastination, and deliver the RV.
10-17-2019 Newshound Guru Kaperoni An article...last evening indicated that Parliament will get the 2020 budget by the end of this week to begin review. ...also...an article...stated that on October 26th is when they'll vote on special grades that has been postponed from the 24th. This is an important date for all as it pertains to CBI governor.
10-17-2019 Intel Guru MarkZ [via PDK] There is a lot of chatter about things happening on the 19th …several people I know say its significant. I have seen a lot of behind the scenes stuff…some I cannot comment on…If I had to make a guess…I think this may be our weekend...you go to bed on a Saturday Night and wake up Sunday to a new Financial world...or something like that. I think we are right on top of it...based on what I am hearing. The biggest news is from Iraq…they are worried about the protests and unrest in the country…They need to release the rv now…they are feeling great pressure to get the RV or RI out the door...I hear they will go with or without the US…I think they will go “with” us and we are that close. [What is the significance of Lower Denominations’s being released?] LD’s is big news guys...they would not be releasing those if they were not changing the value of their currency...This is a huge sign we are close.
10-17-2019 Newshound/Intel Guru Mnt Goat So, where do we stand today on getting this reinstatement of the Iraqi dinar? We know that in order for Iraq to be successful financially and economically at the level they desire, they will soon have to reinstate the dinar to the global currency exchanges and trade their currency openly. The ISX does not trade currencies but getting the ISX hooked into the NASDAQ system certainly is a plus and speaks volumes of where they are heading. There are now plans to go ahead again as the CBI and the Finance Committee has told us many times already this is their plan. Remember the article in early 2019 telling us they plan to complete this currency reform in 2019? But when will they finally move ahead with the next stage, that of the implementation of the project to delete the zeros? We know that the coins and the smaller of the smaller category notes are already staged at the banks and ready for use. How long can the banks tie up this money without using it to benefit the bank’s profit margin?
10-17-2019 Newshound Guru Jeff ...there are two things that have to happen for the rate to change. The first one is Iraq must finish the formation of the government...they've put that into hyper-speed since the demonstrations ...There's a good chance they could have that done by the end of the year...they just have to get the proxies out and do a cabinet reshuffle...the other thing we are waiting on is the 2020 budget. The reason why? First off lots of monies in this 2020 budget being utilized for the rate change...it will have Article 140 in it. HCL, those are monies that will be given back to the citizens...they could finish the budget around February...
10-17-2019 Intel/Newshound Guru Francis Albert To respond to Kap's quote [Reference Guru Kaperoni's 10-16-2019 Post] ...the balance sheet from CBI shows 48 Trillion Dinar "out there." Higher than what Kap has been saying. The things I believe he's missing. Firstly the Oil Credits and the banks create the dollars, UST ends up with oodles of Dinar and exchange bank to CBI, (when it is comfortable for Iraq ), at a cheap oil cost. Without the credits the whole point of the war is moot. Secondly, no one, including myself or Kap knows where these 48 Trillion Dinar are. He's assuming if Dinar goes from current to .50 then Iraq has to pony up 24 Trillion Dollars. Bad assumption. IMO, the vast, vast majority of these Dinar are in Central Banks around the globe. The very Central Banks that orchestrated the war. They have all the prerogative in the World to exchange whenever they want, up to 10 years..or not at all.
10-17-2019 Newshound/Intel Guru RVAlready ...People are speculating that Iraq wants this done before the Oct 25 protests...However the big pilgrimage to Karbala Iraq is Sat - Sun this week. I cannot help the feeling that they should have done this in January or earlier, instead of waiting until October...All of those in charge certainly need to quit the procrastination, and deliver the RV.
10-17-2019 Newshound Guru Kaperoni An article...last evening indicated that Parliament will get the 2020 budget by the end of this week to begin review. ...also...an article...stated that on October 26th is when they'll vote on special grades that has been postponed from the 24th. This is an important date for all as it pertains to CBI governor.
10-17-2019 Intel Guru MarkZ [via PDK] There is a lot of chatter about things happening on the 19th …several people I know say its significant. I have seen a lot of behind the scenes stuff…some I cannot comment on…If I had to make a guess…I think this may be our weekend...you go to bed on a Saturday Night and wake up Sunday to a new Financial world...or something like that. I think we are right on top of it...based on what I am hearing. The biggest news is from Iraq…they are worried about the protests and unrest in the country…They need to release the rv now…they are feeling great pressure to get the RV or RI out the door...I hear they will go with or without the US…I think they will go “with” us and we are that close. [What is the significance of Lower Denominations’s being released?] LD’s is big news guys...they would not be releasing those if they were not changing the value of their currency...This is a huge sign we are close.
10-17-2019 Newshound/Intel Guru Mnt Goat So, where do we stand today on getting this reinstatement of the Iraqi dinar? We know that in order for Iraq to be successful financially and economically at the level they desire, they will soon have to reinstate the dinar to the global currency exchanges and trade their currency openly. The ISX does not trade currencies but getting the ISX hooked into the NASDAQ system certainly is a plus and speaks volumes of where they are heading. There are now plans to go ahead again as the CBI and the Finance Committee has told us many times already this is their plan. Remember the article in early 2019 telling us they plan to complete this currency reform in 2019? But when will they finally move ahead with the next stage, that of the implementation of the project to delete the zeros? We know that the coins and the smaller of the smaller category notes are already staged at the banks and ready for use. How long can the banks tie up this money without using it to benefit the bank’s profit margin?
10-17-2019 Newshound Guru Jeff ...there are two things that have to happen for the rate to change. The first one is Iraq must finish the formation of the government...they've put that into hyper-speed since the demonstrations ...There's a good chance they could have that done by the end of the year...they just have to get the proxies out and do a cabinet reshuffle...the other thing we are waiting on is the 2020 budget. The reason why? First off lots of monies in this 2020 budget being utilized for the rate change...it will have Article 140 in it. HCL, those are monies that will be given back to the citizens...they could finish the budget around February...
10-16-2019 Newshound Guru Kaperoni ...the IMF is part of the United Nations. There is an agreement with every member country that they will follow the directives as a member. But Iraq is different as well because in December of 2015 they signed an agreement known as a standby agreement with Iraq to allow the IMF to be trustee over the CBI. If you look up the definition of a trustee you will see that they have control. And as a result, significant progress has been made at the CBI over the last few years in many areas. I'm sure they can make a move without the IMF but Iraq is an emerging market and they want to be part of the UN and they want to be part of the IMF and they want the world to do business with them so it would be probably foolish to make a move of any kind without consulting with the IMF first.
10-16-2019 Newshound Guru Kaperoni When people read these documents and they're talking about dinar in circulation and they're referencing billions...That is correct but that is in relationship to dollars. At the current exchange rate the cbi's liability for in excess of 42 trillion dinar is at or around 40 billion dollars...But if they were to RV at let's say 1 to 1 then the liability would become $42 trillion dollars...and this is why we say the CBI could never substantially RV because they couldn't afford $42 trillion dollars. That is why Parliament wants to pass a law to Lop the zeros because the liability of 42 trillion would in fact then become 42 billion...the CBI is responsible for managing monetary policy and keeping its stability ...any kind of significant RV would throw the entire monetary policy into chaos.
10-16-2019 Intel/Newshound Guru sandyf [...they say there is 42 trillion OUTSIDE of Iraq...] I don't know [who?] "they" are but I have never seen anyone say that. The only figure that means anything is the liability for currency in the CBI accounts and that currently stands at 48.5 trillion dinar... The accounts for 2005 showed that approximately 6 trillion was required to exchange previous versions into the new dinar and since then the amount has grown significantly each year. How much currency outside Iraq is pure speculation but comparisons to population and business growth have put estimates at around 25 - 40%.
10-16-2019 Intel Guru MarkZ The new rate is not published today in the Gazette...they are still expecting the new rate at any time plus releasing the LD’s this week. [Is the dong still in the first basket?] I hear that the VND dong will absolutely still be in the first basket. [Does Chinese trade deal need to be done first?... before we get the 800 numbers?] I do not think so...I believe everything is done and signed that needs to be done and signed.
10-16-2019 Intel Gurus Walkingstick & Frank26 ...IMO they have a date and they have a time to deliver the lower denoms. Yesterday they delivered a receipt. The only ting missing yesterday was the pictures and the descriptions of the lower denoms...I can't prove it to you...Does anyone want to bet me that they will see them [lower denoms] in the next week or so?
10-16-2019 Guest Guru Francis Albert I have no sources, just a pretty good understanding of finance, Central Banking etc. and there's no way one can objectively look at the actions of the CBI over the past few years and especially the past six months, and come to any other conclusion that there's currency reform underway in Iraq...everything they've done and are doing as we speak is just what investors in this want to see.
10-16-2019 Newshound Guru Kaperoni When people read these documents and they're talking about dinar in circulation and they're referencing billions...That is correct but that is in relationship to dollars. At the current exchange rate the cbi's liability for in excess of 42 trillion dinar is at or around 40 billion dollars...But if they were to RV at let's say 1 to 1 then the liability would become $42 trillion dollars...and this is why we say the CBI could never substantially RV because they couldn't afford $42 trillion dollars. That is why Parliament wants to pass a law to Lop the zeros because the liability of 42 trillion would in fact then become 42 billion...the CBI is responsible for managing monetary policy and keeping its stability ...any kind of significant RV would throw the entire monetary policy into chaos.
10-16-2019 Intel/Newshound Guru sandyf [...they say there is 42 trillion OUTSIDE of Iraq...] I don't know [who?] "they" are but I have never seen anyone say that. The only figure that means anything is the liability for currency in the CBI accounts and that currently stands at 48.5 trillion dinar... The accounts for 2005 showed that approximately 6 trillion was required to exchange previous versions into the new dinar and since then the amount has grown significantly each year. How much currency outside Iraq is pure speculation but comparisons to population and business growth have put estimates at around 25 - 40%.
10-16-2019 Intel Guru MarkZ The new rate is not published today in the Gazette...they are still expecting the new rate at any time plus releasing the LD’s this week. [Is the dong still in the first basket?] I hear that the VND dong will absolutely still be in the first basket. [Does Chinese trade deal need to be done first?... before we get the 800 numbers?] I do not think so...I believe everything is done and signed that needs to be done and signed.
10-16-2019 Intel Gurus Walkingstick & Frank26 ...IMO they have a date and they have a time to deliver the lower denoms. Yesterday they delivered a receipt. The only ting missing yesterday was the pictures and the descriptions of the lower denoms...I can't prove it to you...Does anyone want to bet me that they will see them [lower denoms] in the next week or so?
10-16-2019 Guest Guru Francis Albert I have no sources, just a pretty good understanding of finance, Central Banking etc. and there's no way one can objectively look at the actions of the CBI over the past few years and especially the past six months, and come to any other conclusion that there's currency reform underway in Iraq...everything they've done and are doing as we speak is just what investors in this want to see.
10-15-2019 Intel Guru MarkZ We are a different world today then we were when Kuwait RV’ed. At that time Kuwait had a 10 day in-country rate only before it was released t the rest of the world…..with the internet and fast communication today….i do not think the new rate can stay hidden.
10-15-2019 Newshound/Intel Guru BGG According to this article... “The protests are back on the 25th of this month" The demonstrators identify 23 demands The demonstrator demands listed include: # 1) declare a real war on corruption and open all the files of corruption and with the help of specialized international bodies to issues of corruption and the enactment of the law where you (got) This. # 5) Cancellation of the currency auction and the adoption of free market policy.
10-15-2019 Intel Guru Delta Article: "The International Finance Corporation ( IFC ) has adopted the "Guide to Corporate Governance for Iraqi Banks" issued by the Central Bank of Iraq." This bank explains that the guide has been recognized, published globally and added to international and international regulations for the first time.
10-15-2019 Intel/Newshound Guru sandyf ...When Iraq talks about raising the value, they are talking about the monetary unit. All there articles are referring to the 3 zeros, a redenomination, and in any redenomination the monetary unit rises from one value to another. Floating the currency, although a possibility, is a tremendous gamble for an emerging economy. History has shown there is as much chance of it going down as up, Egypt being a classic example.
10-15-2019 Intel Guru MarkZ It’s a painful week as we are so close….on the edge of our seats again this week...Still hearing this is our week. I do not see any can kicking. Everything points to we are in the middle of the global Currency Reset. I think we are right on the edge of seeing what we all are waiting for. I think it’s processing and the reset will soon be out the door. We are right at the precipice. Still hearing they are educating the citizens in Iraq. They are still excited for tomorrow - Wed.to see a change in rate. I think there is a very good chance we could be at the banks by this weekend.
10-15-2019 Intel Guru Frank26 ...monetary reform has nothing to do with the protesting...The protesting is a tool to put pressure on the CBI and the GOI to get their act together. What does the GOI have to do? Get rid of the Iranians...What does the CBI have to do? Currency reform so the GOI can do economic reform. And where are we with the CBI? This close [Fingers pushed together]! ...this Monday, today, IMO the banks in Iraq today received the lower denoms. What did we need for the lower denoms to be put into the hands of the citizens? ...the pictures and the descriptions...Did you see the pictures and the descriptions...? No...But the CBI is going about their business...IMO the lower denoms were delivered. Do we know that for a fact? No...maybe tomorrow, or Wednesday or Thursday [Guru] Walkingstick's firm will get in touch with him...and they will tell him, 'yeah we got them' or 'no, we didn't get them.'...you're not going to see the lower denoms...1st we have to see the pictures and descriptions of these lower denoms. It's called the education and it's very essential to the lava flow...
10-15-2019 Newshound Guru Jeff ...with Kuwait when they revalued they didn't have everything 100% positioned. They were still in a little bit of disarray and upside down...Even when they did revalue, this was March 24, 1991 it was a Sunday, Kuwait didn't even have electricity 100% turned back on and they didn't even have computers ready to go at the banks. The day they did the rate change they were having to do paper transactions at the banks. So they were more disorganized back then. Let's now look at Iraq. Iraq is dotting every "I" and crossing every "T". They're making sure that everything is 100% positioned and prefect. Iraq has used this entire year to set the rate change for this...they're getting everything ready for the 2020 budget...so those are going to be the big difference between both Kuwait and Iraq...
10-15-2019 Newshound Guru Kaperoni [show me when CBI stated free float?] ...it's not that cut and dry...it's not a question of the CBI saying they're going to float or free float or anything like that...it's what countries do. If you simply look at how countries evolve you will see they don't RV. They go from a fixed exchange rate to a float that is part of the transition because it's necessary to offset that inflationary pressure that's created from the economic and financial influx of investment...Iraq though has a lot more resources than most...they still have to follow the same rules.
10-15-2019 Newshound/Intel Guru BGG According to this article... “The protests are back on the 25th of this month" The demonstrators identify 23 demands The demonstrator demands listed include: # 1) declare a real war on corruption and open all the files of corruption and with the help of specialized international bodies to issues of corruption and the enactment of the law where you (got) This. # 5) Cancellation of the currency auction and the adoption of free market policy.
10-15-2019 Intel Guru Delta Article: "The International Finance Corporation ( IFC ) has adopted the "Guide to Corporate Governance for Iraqi Banks" issued by the Central Bank of Iraq." This bank explains that the guide has been recognized, published globally and added to international and international regulations for the first time.
10-15-2019 Intel/Newshound Guru sandyf ...When Iraq talks about raising the value, they are talking about the monetary unit. All there articles are referring to the 3 zeros, a redenomination, and in any redenomination the monetary unit rises from one value to another. Floating the currency, although a possibility, is a tremendous gamble for an emerging economy. History has shown there is as much chance of it going down as up, Egypt being a classic example.
10-15-2019 Intel Guru MarkZ It’s a painful week as we are so close….on the edge of our seats again this week...Still hearing this is our week. I do not see any can kicking. Everything points to we are in the middle of the global Currency Reset. I think we are right on the edge of seeing what we all are waiting for. I think it’s processing and the reset will soon be out the door. We are right at the precipice. Still hearing they are educating the citizens in Iraq. They are still excited for tomorrow - Wed.to see a change in rate. I think there is a very good chance we could be at the banks by this weekend.
10-15-2019 Intel Guru Frank26 ...monetary reform has nothing to do with the protesting...The protesting is a tool to put pressure on the CBI and the GOI to get their act together. What does the GOI have to do? Get rid of the Iranians...What does the CBI have to do? Currency reform so the GOI can do economic reform. And where are we with the CBI? This close [Fingers pushed together]! ...this Monday, today, IMO the banks in Iraq today received the lower denoms. What did we need for the lower denoms to be put into the hands of the citizens? ...the pictures and the descriptions...Did you see the pictures and the descriptions...? No...But the CBI is going about their business...IMO the lower denoms were delivered. Do we know that for a fact? No...maybe tomorrow, or Wednesday or Thursday [Guru] Walkingstick's firm will get in touch with him...and they will tell him, 'yeah we got them' or 'no, we didn't get them.'...you're not going to see the lower denoms...1st we have to see the pictures and descriptions of these lower denoms. It's called the education and it's very essential to the lava flow...
10-15-2019 Newshound Guru Jeff ...with Kuwait when they revalued they didn't have everything 100% positioned. They were still in a little bit of disarray and upside down...Even when they did revalue, this was March 24, 1991 it was a Sunday, Kuwait didn't even have electricity 100% turned back on and they didn't even have computers ready to go at the banks. The day they did the rate change they were having to do paper transactions at the banks. So they were more disorganized back then. Let's now look at Iraq. Iraq is dotting every "I" and crossing every "T". They're making sure that everything is 100% positioned and prefect. Iraq has used this entire year to set the rate change for this...they're getting everything ready for the 2020 budget...so those are going to be the big difference between both Kuwait and Iraq...
10-15-2019 Newshound Guru Kaperoni [show me when CBI stated free float?] ...it's not that cut and dry...it's not a question of the CBI saying they're going to float or free float or anything like that...it's what countries do. If you simply look at how countries evolve you will see they don't RV. They go from a fixed exchange rate to a float that is part of the transition because it's necessary to offset that inflationary pressure that's created from the economic and financial influx of investment...Iraq though has a lot more resources than most...they still have to follow the same rules.
10-14-2019 Intel Guru MarkZ I think this was a productive weekend...and we will be seeing it soon...some movement in Zurich….they can now actually see funds in their accounts and expect full access tomorrow... My redemption folks were on call all weekend and today but were not called in... We have not seen a new rate in Iraq as of yet...but they do expect to see it in the Gazette on Wed.
10-14-2019 Newshound Guru Adam Montana So, this current news cycle we are reading and hearing about involving "the Kurds" isn't specifically about Iraqi Kurds, but the events unfolding right now are going to do one very significant thing with regards to Iraq...a message is being sent. I'm not saying I approve or disapprove of the tactics, or the decision to withdraw troops, or the decision to put them there in the first place. But what's happening right now is irrefutable evidence that the US of A has a huge influence in the Middle East, the affairs of the Middle East, and therefore... the Iraqi economy, which includes the trade value of the Dinar. What this sets up in the near future is the confidence and assurance that with the US on their side, Iraq can make changes, improvements, and progress. What happened to Turkey in the past, and may happen very soon again, can happen to Iraq. The same is true of the inverse... where we can inflict severe harm, we can also support massive gain. [post 2 of 2]
10-14-2019 Newshound Guru Adam Montana It was announced last week that we are withdrawing US troops from Syria, which led to talk of Turkey ramping up attacks on the Kurds...Trump responds by saying if Turkey steps out of line we will hit them in the wallet, and...we're all like "wait what about the Iraqi Dinar?!" Article quote: "...After World War I, Western powers promised Kurds their own homeland in the agreement known as the Treaty of Sèvres. But a later agreement instead divided them among Turkey, Iraq, Syria and Iran..." ...let's identify "the Kurds"... Quote: "Today, there are about 30 million Kurds living across the region, with about half of them in Turkey. Iraq is the only country in the region to have established an autonomous Kurdish region, known as Iraqi Kurdistan..." [post 1 of 2....stay tuned]
10-14-2019 Newshound Guru MilitiaMan Article: "The protests are back on the 25th of this month. The demonstrators identify 23 demands" So they are on notice again that the demonstrations will become very specific. They want what they deserve and I imagine, if they don't have things done ahead of the 10/25/2019 time frame, things will be a bit more aggressive.
10-14-2019 Newshound/Intel Guru RVAlready CBI has clear intention to implement the RV. Allaq has made that very plain... It is the folks profiting from the fiat currency systems of the world that have probably been the main holdup. I suspect the Chinese want the RV even more than us. They are probably not the hold up.
10-14-2019 Newshound Guru Kaperoni ...Articles and documents over the years and certainly there are documents...talk about raising the value but I don't think I've ever seen one where they said it would happen overnight...I do hope they raise the value I think that's in the best interest of Iraq but logically it's not possible to happen overnight. ...I don't know if it can go on Forex initially but interbanking is certainly the possibility, the CBI has stated that themselves that they are working towards that but we'll have to wait and see when they accept Article VIII what happens.
10-14-2019 Newshound Guru MilitiaMan Article: "Reveal the visit of a high Kurdish delegation to resolve the 2020 budget" Quote: "a high-level Kurdish delegation will arrive in the next few days to Baghdad to resolve the 2020 budget file." The theme we are seeing is noted, as in "days not weeks" ...They are clearly taking action now. The Sh#@ storm they went through this last week or so has the fire under the Camel now. Anyone seen now with out the good of the citizens, will not go over well. The trend has reforms front and center, as they know they have time lines for real issues that need(ed) to be addressed. ...Keep in mind the Citizens know that they have been told about NSCNs and Coins, Fils, etc. That would be something that would not go on deaf ears.. Everyone wants purchase power and that comes with the new small category notes, coins and fils. The descriptions of the real deal need to be shown, once they show them? imo.
10-14-2019 Newshound Guru Adam Montana So, this current news cycle we are reading and hearing about involving "the Kurds" isn't specifically about Iraqi Kurds, but the events unfolding right now are going to do one very significant thing with regards to Iraq...a message is being sent. I'm not saying I approve or disapprove of the tactics, or the decision to withdraw troops, or the decision to put them there in the first place. But what's happening right now is irrefutable evidence that the US of A has a huge influence in the Middle East, the affairs of the Middle East, and therefore... the Iraqi economy, which includes the trade value of the Dinar. What this sets up in the near future is the confidence and assurance that with the US on their side, Iraq can make changes, improvements, and progress. What happened to Turkey in the past, and may happen very soon again, can happen to Iraq. The same is true of the inverse... where we can inflict severe harm, we can also support massive gain. [post 2 of 2]
10-14-2019 Newshound Guru Adam Montana It was announced last week that we are withdrawing US troops from Syria, which led to talk of Turkey ramping up attacks on the Kurds...Trump responds by saying if Turkey steps out of line we will hit them in the wallet, and...we're all like "wait what about the Iraqi Dinar?!" Article quote: "...After World War I, Western powers promised Kurds their own homeland in the agreement known as the Treaty of Sèvres. But a later agreement instead divided them among Turkey, Iraq, Syria and Iran..." ...let's identify "the Kurds"... Quote: "Today, there are about 30 million Kurds living across the region, with about half of them in Turkey. Iraq is the only country in the region to have established an autonomous Kurdish region, known as Iraqi Kurdistan..." [post 1 of 2....stay tuned]
10-14-2019 Newshound Guru MilitiaMan Article: "The protests are back on the 25th of this month. The demonstrators identify 23 demands" So they are on notice again that the demonstrations will become very specific. They want what they deserve and I imagine, if they don't have things done ahead of the 10/25/2019 time frame, things will be a bit more aggressive.
10-14-2019 Newshound/Intel Guru RVAlready CBI has clear intention to implement the RV. Allaq has made that very plain... It is the folks profiting from the fiat currency systems of the world that have probably been the main holdup. I suspect the Chinese want the RV even more than us. They are probably not the hold up.
10-14-2019 Newshound Guru Kaperoni ...Articles and documents over the years and certainly there are documents...talk about raising the value but I don't think I've ever seen one where they said it would happen overnight...I do hope they raise the value I think that's in the best interest of Iraq but logically it's not possible to happen overnight. ...I don't know if it can go on Forex initially but interbanking is certainly the possibility, the CBI has stated that themselves that they are working towards that but we'll have to wait and see when they accept Article VIII what happens.
10-14-2019 Newshound Guru MilitiaMan Article: "Reveal the visit of a high Kurdish delegation to resolve the 2020 budget" Quote: "a high-level Kurdish delegation will arrive in the next few days to Baghdad to resolve the 2020 budget file." The theme we are seeing is noted, as in "days not weeks" ...They are clearly taking action now. The Sh#@ storm they went through this last week or so has the fire under the Camel now. Anyone seen now with out the good of the citizens, will not go over well. The trend has reforms front and center, as they know they have time lines for real issues that need(ed) to be addressed. ...Keep in mind the Citizens know that they have been told about NSCNs and Coins, Fils, etc. That would be something that would not go on deaf ears.. Everyone wants purchase power and that comes with the new small category notes, coins and fils. The descriptions of the real deal need to be shown, once they show them? imo.
10-13-2019 Newshound Guru Whitelions ...I know the biggest problem is 99% of the people that got into this did it on the word or [of?] a quick payout and here we are still here but it will happen and fairly quick now...there is no going back now too much has and is being done but again to many people have pumped this now now that it very hard for people to just watch it unfold at the pace it needs to take to get it done right.
10-13-2019 Guest Guru Francis Albert ...IMO while the Oil Credits may be, and I believe are, an important factor. If they are an illusion, then that leaves no real avenue for U.S. to profit from the war..which was the whole point. ...All banks can and do monetize debt instruments. (create the dollars), and all currencies are debt instruments. So, if the banks so desired, they can make this work for Iraq with taking up to ten years for Iraq to pony up.
10-13-2019 Newshound Guru Kaperoni I don't mind having conversations with people that want to discuss different subjects pertaining to the dinar but I wish they would do their homework first. For example one individual thinks that the IMF only can encourage the CBI but cannot control them or dictate. But more importantly back in 2015 when Iraq was in financial dire straits when oil prices we're low an agreement giving trustee to the IMF over the CBI was sign around December 2015. There's also a significant difference between the guru oil credit nonsense and the recent agreement between China and Iraq selling oil at market price in exchange for work labor to rebuild the country.
10-13-2019 Guest Guru Francis Albert All countries manipulate their currency. Value lowers when more is printed and value is raised when people have more confidence in the currency, which of course, has many factors affecting confidence. Well, if it goes on FOREX higher than the present rate, it will IMO trade up to $3.00 range fast...just not as dramatic as a classic RV. And I believe that is the scenario we'll see. Could be wrong, but don't think I am.
10-13-2019 Newshound/Intel Guru BGG Article: "Iraqis are floating on oil … and sinking into poverty, unemployment and corruption" Wow...They are saying almost exactly half of all the revenues Iraq produced between 2005-2017 were wasted due to corruption! “…350 billion through currency smuggling, auction of the Central Bank and lagging contracts and fake projects”. They also go on to talk about the oil reserves, the plan to revalue the Dinar and the current undervaluation of the Dinar; “…which remains under the logical limit of the fifth largest oil producer in the world (1200 dinars per dollar)”. Whoa… not bad. Not too bad at all... It’s no wonder the Iraqi people are rising up. They are sick of it. Good for them.
10-13-2019 Guest Guru Francis Albert ...IMO while the Oil Credits may be, and I believe are, an important factor. If they are an illusion, then that leaves no real avenue for U.S. to profit from the war..which was the whole point. ...All banks can and do monetize debt instruments. (create the dollars), and all currencies are debt instruments. So, if the banks so desired, they can make this work for Iraq with taking up to ten years for Iraq to pony up.
10-13-2019 Newshound Guru Kaperoni I don't mind having conversations with people that want to discuss different subjects pertaining to the dinar but I wish they would do their homework first. For example one individual thinks that the IMF only can encourage the CBI but cannot control them or dictate. But more importantly back in 2015 when Iraq was in financial dire straits when oil prices we're low an agreement giving trustee to the IMF over the CBI was sign around December 2015. There's also a significant difference between the guru oil credit nonsense and the recent agreement between China and Iraq selling oil at market price in exchange for work labor to rebuild the country.
10-13-2019 Guest Guru Francis Albert All countries manipulate their currency. Value lowers when more is printed and value is raised when people have more confidence in the currency, which of course, has many factors affecting confidence. Well, if it goes on FOREX higher than the present rate, it will IMO trade up to $3.00 range fast...just not as dramatic as a classic RV. And I believe that is the scenario we'll see. Could be wrong, but don't think I am.
10-13-2019 Newshound/Intel Guru BGG Article: "Iraqis are floating on oil … and sinking into poverty, unemployment and corruption" Wow...They are saying almost exactly half of all the revenues Iraq produced between 2005-2017 were wasted due to corruption! “…350 billion through currency smuggling, auction of the Central Bank and lagging contracts and fake projects”. They also go on to talk about the oil reserves, the plan to revalue the Dinar and the current undervaluation of the Dinar; “…which remains under the logical limit of the fifth largest oil producer in the world (1200 dinars per dollar)”. Whoa… not bad. Not too bad at all... It’s no wonder the Iraqi people are rising up. They are sick of it. Good for them.
10-12-2019 Guest Guru Francis Albert So, on the Dinar and outstanding Dinar IMO the big banks want Iraq to succeed because they are in there with bases, protecting their oil and they are salivating over fertile land and water in Iraq. They will do all they can to keep Iraq peaceful and yes, happy and financially successful. So, since banks just create money, money is not an issue for them. It is about control and protecting Dollar Inc. Kap may be close to the 40 Trillion outstanding, I don't know..would not be surprised if that's accurate. But, you can't look at something in a vacuum. Who owns the notes? What is their agenda? It is like looking at an organ of the body without looking at the whole person... [post 2 of 2]
10-12-2019 Guest Guru Francis Albert There are more "loose particles" that are ostensibly good arguments why Kap's [Guru Kaperoni's] opinion that 40 Trillion Dinar "out there" make it impossible for any significant up tick in IQD is not a show stopper. The main one is the argument...that oil credits, which are not just guru non sense IMO, will soak up a bunch of Dollars/Dinar. Also 3 zero notes will have a 10 year shelf life and banks can manipulate how quickly they cash in. Here's the thing. IMO Banks, all big banks that are owned by the Dollar Inc. Boys where at the top of the food chain to even do this "war" with Iraq. They drive the agenda for most things. Remember these are the very same that run the IMF, World Bank, BIS and U.N. And the people they meet and sit with are also big players in defense etc. The people who love war. [post 1 of 2....stay tuned]
10-12-2019 Intel Guru MarkZ My contacts at redemption centers are on call...they have not been called in yet. Iraq does not have a new published rate yet...they still expect it to happen by Monday...
10-12-2019 Guest Guru Sergio Even before Hussein came back into power the IQD was about 2.80 and all they had was oil...So saying they can’t just use oil to RV is not true. Point 2 the only reason the rate is what it’s at now is because the CBI took a program rate from the IMF... As for those who think the IMF is controlling the CBI they are flat out wrong. As some of those who know me on here, know I have spoken to the IMF and was told flat out that the currency rate of any country is in the hands of that counties central Bank. The IQD was never traded by Banks in its history. Things can change on a dime and as with anything could be for good or bad. I am in it to win it...As always we wait.
10-12-2019 Newshound Guru Jeff Article "Parliamentary Finance: Delegations form the region arrived in Baghdad to pressure the government to pass the 2020 budget" ...This article is very important. It's telling you that a Kurdish delegation is headed to Baghdad to recommend to them to approve and complete the 2020 budget...this is huge...this budget has everything to do with the rate change...
10-12-2019 Newshound Guru Kaperoni The guru's have been making silly statements about oil in exchange for dinar at a reduced price for years. It could never occur because Iraq is 90% dependent on oil and their annual budget is based on a oil dollar amount. Circumventing would prevent them from meeting that budget...I don't think Iraq will ever pay China in oil, I think that was only a guarantee to help facilitate the market economy. But even if they were, it is not the same as what the guru's have been talking about for years when referencing oil credits.
10-12-2019 Intel Guru Frank26 NDA's are a bunch of garbage. It's the gurus way of exaggerating what they think is valuable to give to you...and to make it look like they're special...
10-12-2019 Newshound Guru Breitling ...It [protesters] actually has an advantage for our investment. Because it's putting pressure on the Iraq government to add value. So not only are the oil prices going down, not only has the reserve been depleted, now you have people rioting because they are not being taken care of and they need to add value to their currency. So it advances our investment. It advances our speculation...
10-12-2019 Guest Guru Francis Albert There are more "loose particles" that are ostensibly good arguments why Kap's [Guru Kaperoni's] opinion that 40 Trillion Dinar "out there" make it impossible for any significant up tick in IQD is not a show stopper. The main one is the argument...that oil credits, which are not just guru non sense IMO, will soak up a bunch of Dollars/Dinar. Also 3 zero notes will have a 10 year shelf life and banks can manipulate how quickly they cash in. Here's the thing. IMO Banks, all big banks that are owned by the Dollar Inc. Boys where at the top of the food chain to even do this "war" with Iraq. They drive the agenda for most things. Remember these are the very same that run the IMF, World Bank, BIS and U.N. And the people they meet and sit with are also big players in defense etc. The people who love war. [post 1 of 2....stay tuned]
10-12-2019 Intel Guru MarkZ My contacts at redemption centers are on call...they have not been called in yet. Iraq does not have a new published rate yet...they still expect it to happen by Monday...
10-12-2019 Guest Guru Sergio Even before Hussein came back into power the IQD was about 2.80 and all they had was oil...So saying they can’t just use oil to RV is not true. Point 2 the only reason the rate is what it’s at now is because the CBI took a program rate from the IMF... As for those who think the IMF is controlling the CBI they are flat out wrong. As some of those who know me on here, know I have spoken to the IMF and was told flat out that the currency rate of any country is in the hands of that counties central Bank. The IQD was never traded by Banks in its history. Things can change on a dime and as with anything could be for good or bad. I am in it to win it...As always we wait.
10-12-2019 Newshound Guru Jeff Article "Parliamentary Finance: Delegations form the region arrived in Baghdad to pressure the government to pass the 2020 budget" ...This article is very important. It's telling you that a Kurdish delegation is headed to Baghdad to recommend to them to approve and complete the 2020 budget...this is huge...this budget has everything to do with the rate change...
10-12-2019 Newshound Guru Kaperoni The guru's have been making silly statements about oil in exchange for dinar at a reduced price for years. It could never occur because Iraq is 90% dependent on oil and their annual budget is based on a oil dollar amount. Circumventing would prevent them from meeting that budget...I don't think Iraq will ever pay China in oil, I think that was only a guarantee to help facilitate the market economy. But even if they were, it is not the same as what the guru's have been talking about for years when referencing oil credits.
10-12-2019 Intel Guru Frank26 NDA's are a bunch of garbage. It's the gurus way of exaggerating what they think is valuable to give to you...and to make it look like they're special...
10-12-2019 Newshound Guru Breitling ...It [protesters] actually has an advantage for our investment. Because it's putting pressure on the Iraq government to add value. So not only are the oil prices going down, not only has the reserve been depleted, now you have people rioting because they are not being taken care of and they need to add value to their currency. So it advances our investment. It advances our speculation...
10-11-2019 Intel Guru MarkZ [via PDK] We heard Trump signed off with the Chinese at around 12 - 12:30 est today…this came from a number of great sources. We are hearing phenomenal things out of Iraq…they believe the new rate is absolutely a “go” over the weekend or Monday - Tuesday timeframe. The people I spoke with in Europe...expects things to all break loose this weekend. At the Redemption center- my contacts were told to expect to work this weekend…they will be told between 9 - 11 tonight if they will be working for sure. It’s time to get a little excited – just stay grounded and don’t quit your day job just yet. But I think this is the real thing…I’m almost giddy tonight.
10-11-2019 Newshound Guru Jeff ...we still have 2 things remain for the rate change. They have to finish the formation of the government... positively or tentatively next Tuesday...Iraq went from telling you nothing about the formation of the government regarding the education minister, Health Minister...And they were Able to magically out of nowhere put nominees in there at the blink of an eye like it was nothing...They were intentionally delaying and timing...to have the government finished and formed around the timing of the rate change. That's why they were delaying it and dragging it...they voted them in in two seconds. They had to change what they were doing to satisfy and appease the demonstrators...they are on track to get it done...this is happening right in front of you. This isn't my opinion...we're waiting on the 2020 budget which will get done next year...
10-11-2019 Intel Guru Okie_Oil_Man I've been keeping up with the RV situation 24/7. We are certainly on the cusp... [I keep waiting for you, Okie, to say the plan has landed.] I'll be glad to say that as soon as it does. By next Tuesday it is a strong possibility if not a probability, according to what I'm being told, right or wrong. Time will tell. [Guru Okie is a long time contributor to the dinar community and is in need of prayers due to health issues. Please keep him in your thoughts and prayers.]
10-11-2019 Intel Guru RVAlready It does seem that Iraq is ready for early next week.
10-11-2019 Newshound/Intel Guru BGG [Reference Guru Kaperoni's post 10-11-19] I’m not sure this is as much a “slam dunk” translation as is laid out here. Further…How would this POSSIBLY reconcile with all their previous statements that the new and old versions would co-exist in the market place for as long as 10 years? How would this be possible? Also note the...post [Reference Guru Kaperoni's post 10-8-2019] regarding Kaperoni’s dramatic statement about oil credits being “nonsense” followed the very next day by an actual news release out of Iraq detailing just such an arrangement agreed to by both Mahdi and China. Hmmmmm…
10-11-2019 Intel Guru MarkZ We are in an incredible window of opportunity. Zurich is still waiting for dollars…They are beyond frustrated...they were told they will process over the weekend. In Iraq...hearing the 14th is still a big day for their LD’s on Monday. [Three day banking window] It sure is...big window of opportunity… Awesome window.
10-11-2019 Newshound Guru Kaperoni People can only sit for so long with empty promises to they get restless. The government needs to activate economic reforms, laws and the banking system needs to get open for investors to come in. Otherwise violence is only going to escalate.
10-11-2019 Newshound Guru Jeff ...we still have 2 things remain for the rate change. They have to finish the formation of the government... positively or tentatively next Tuesday...Iraq went from telling you nothing about the formation of the government regarding the education minister, Health Minister...And they were Able to magically out of nowhere put nominees in there at the blink of an eye like it was nothing...They were intentionally delaying and timing...to have the government finished and formed around the timing of the rate change. That's why they were delaying it and dragging it...they voted them in in two seconds. They had to change what they were doing to satisfy and appease the demonstrators...they are on track to get it done...this is happening right in front of you. This isn't my opinion...we're waiting on the 2020 budget which will get done next year...
10-11-2019 Intel Guru Okie_Oil_Man I've been keeping up with the RV situation 24/7. We are certainly on the cusp... [I keep waiting for you, Okie, to say the plan has landed.] I'll be glad to say that as soon as it does. By next Tuesday it is a strong possibility if not a probability, according to what I'm being told, right or wrong. Time will tell. [Guru Okie is a long time contributor to the dinar community and is in need of prayers due to health issues. Please keep him in your thoughts and prayers.]
10-11-2019 Intel Guru RVAlready It does seem that Iraq is ready for early next week.
10-11-2019 Newshound/Intel Guru BGG [Reference Guru Kaperoni's post 10-11-19] I’m not sure this is as much a “slam dunk” translation as is laid out here. Further…How would this POSSIBLY reconcile with all their previous statements that the new and old versions would co-exist in the market place for as long as 10 years? How would this be possible? Also note the...post [Reference Guru Kaperoni's post 10-8-2019] regarding Kaperoni’s dramatic statement about oil credits being “nonsense” followed the very next day by an actual news release out of Iraq detailing just such an arrangement agreed to by both Mahdi and China. Hmmmmm…
10-11-2019 Intel Guru MarkZ We are in an incredible window of opportunity. Zurich is still waiting for dollars…They are beyond frustrated...they were told they will process over the weekend. In Iraq...hearing the 14th is still a big day for their LD’s on Monday. [Three day banking window] It sure is...big window of opportunity… Awesome window.
10-11-2019 Newshound Guru Kaperoni People can only sit for so long with empty promises to they get restless. The government needs to activate economic reforms, laws and the banking system needs to get open for investors to come in. Otherwise violence is only going to escalate.
10-10-2019 Intel Guru MarkZ [Will banks close on Columbus day and will that effect exchanges?] I have been told many times that even if banks are closed…redemption centers can be open and doing our exchanges. Once we start…They want us to our exchanges as quickly as possible.
10-10-2019 Newshound Guru Breitling ...there's institutions out there that are already starting to fight for your currency. A lot of people are getting emails from these currency exchange dealers. They used to offer $650 for the dinar [1 million] you have. Now they're offering $850 right now I think in the emails I'm getting. So it's starting...
10-10-2019 Newshound Guru Kaperoni Article: "Finance Committee in the Iraqi Council of Representatives announced on Monday (19-August-2019) the government direction to reinstate the currency and delete zeros from paper currency in order to strengthen the national economy" You better hope that doesn't happen because they're talking about a lop it's clear as day..."I want to remove the zeros off the paper"...meaning lop them. ...my hope is the CBI is going to follow the directive of the IMF in float the currency and allow it to gradually rise based on the influx of capital as a result of significant investment to create a market economy. But as a backup it seems that Parliament wants to pass a law to Simply lop the zeros off the notes and create a one-to-one exchange rate, as well as reducing the currency from trillions to billions... We have to hope iraq succeeds in launching this market economy.
10-10-2019 Newshound Guru Whitelions ...this is an exchange only and we as privet [private ?] people have 2 years to turn in where as the banks of the world have 10 years. either Iraq can ask the banks to turn in as they need or the banks can turn in as the rate changes at a penny or 2. we will take our dinar to the banks and they will deal with the cbi from there...we do know the CBI has told us how they will handle the dinar its on their web site. [10 yrs to redeem?] ...for the banks of the world yes for us and all the people taking it to the banks 2 years... this is really close...the demonstrations have set it back a little...
10-10-2019 Intel Guru Delta ...MAHDI WILL SUBMIT NEW LIST TO REPLACE PROXY POSITIONS BEFORE 10/24...THEY HAVE NO MORE CAN TO KICK...THEY WILL BE KICKED HARD THIS TIME IF THEY DON'T DELIVER...
10-10-2019 Intel Guru MarkZ [via PDK] Still hearing positive things from Iraq that are expect the new rate by the 14th. It is a long weekend- Columbus Day Weekend…and there is a lot of expectation for this weekend... Could we be out the door earlier? Yes…wish I could give a better idea on timing but I can’t.
10-10-2019 Newshound Guru chattels Article: "Iraq, China launch 'oil for reconstruction' agreement" Quote: "When Iraqi Prime Minister Adel Abdul Mahdi led a delegation to China in September, Baghdad and Beijing activated an "oil for reconstruction" and investment program. Under the arrangement, Chinese firms work in Iraq in exchange for 100,000 barrels per day." Certainly is a different means of monetizing oil or bartering oil for desperately needed services that Iraq cannot arguably otherwise afford. The foregoing would appear to contradict the following post from Kaperoni. 10-8-2019 Newshound Guru Kaperoni Oil credits and reduced prices for oil is all... nonsense...Iraq could never sell oil in exchange at a reduced price...because the budget is 90% dependent on Iraq's oil exports.
10-10-2019 Newshound/Intel Guru David M. Witty Iraqi PM Abdel-Mahdi: tomorrow [Thursday], Parliament will vote on making ministerial changes, amending the constitution, & changing election laws. We want to make real reform.
10-10-2019 Newshound Guru Adam Montana I have a longer weekly update prepared, but until these protests calm down... the GOI has their work cut out for them. It's a shame that this is happening, because I had some information towards the end of last week that had me getting pumped up. As much as many of us don't like it... Iraq needs to wade through this mess, and get the protests calmed down a bit before they can take their next steps. Don't shoot the messenger. The good news is that we aren't experiencing permanent setbacks. This too shall pass, and when it does, the progress will resume. These types of situations are usually short lived...
10-10-2019 Intel Guru Frank26 ...I believe the phase that they are in now is to distribute these lower denoms...what do you need before or synchronized with? A rate change. The description, the pictures, must come before a rate change or simultaneously. We truly believe that the phase is to show it to them, the citizens, and while they're understanding it, ding-dong Avon calling! 'I'm here to deliver you lower dinars private banks. Are you ready to accept them? Yes. Sign here.' ...this is the last and final piece of the puzzle...
10-10-2019 Newshound Guru Breitling ...there's institutions out there that are already starting to fight for your currency. A lot of people are getting emails from these currency exchange dealers. They used to offer $650 for the dinar [1 million] you have. Now they're offering $850 right now I think in the emails I'm getting. So it's starting...
10-10-2019 Newshound Guru Kaperoni Article: "Finance Committee in the Iraqi Council of Representatives announced on Monday (19-August-2019) the government direction to reinstate the currency and delete zeros from paper currency in order to strengthen the national economy" You better hope that doesn't happen because they're talking about a lop it's clear as day..."I want to remove the zeros off the paper"...meaning lop them. ...my hope is the CBI is going to follow the directive of the IMF in float the currency and allow it to gradually rise based on the influx of capital as a result of significant investment to create a market economy. But as a backup it seems that Parliament wants to pass a law to Simply lop the zeros off the notes and create a one-to-one exchange rate, as well as reducing the currency from trillions to billions... We have to hope iraq succeeds in launching this market economy.
10-10-2019 Newshound Guru Whitelions ...this is an exchange only and we as privet [private ?] people have 2 years to turn in where as the banks of the world have 10 years. either Iraq can ask the banks to turn in as they need or the banks can turn in as the rate changes at a penny or 2. we will take our dinar to the banks and they will deal with the cbi from there...we do know the CBI has told us how they will handle the dinar its on their web site. [10 yrs to redeem?] ...for the banks of the world yes for us and all the people taking it to the banks 2 years... this is really close...the demonstrations have set it back a little...
10-10-2019 Intel Guru Delta ...MAHDI WILL SUBMIT NEW LIST TO REPLACE PROXY POSITIONS BEFORE 10/24...THEY HAVE NO MORE CAN TO KICK...THEY WILL BE KICKED HARD THIS TIME IF THEY DON'T DELIVER...
10-10-2019 Intel Guru MarkZ [via PDK] Still hearing positive things from Iraq that are expect the new rate by the 14th. It is a long weekend- Columbus Day Weekend…and there is a lot of expectation for this weekend... Could we be out the door earlier? Yes…wish I could give a better idea on timing but I can’t.
10-10-2019 Newshound Guru chattels Article: "Iraq, China launch 'oil for reconstruction' agreement" Quote: "When Iraqi Prime Minister Adel Abdul Mahdi led a delegation to China in September, Baghdad and Beijing activated an "oil for reconstruction" and investment program. Under the arrangement, Chinese firms work in Iraq in exchange for 100,000 barrels per day." Certainly is a different means of monetizing oil or bartering oil for desperately needed services that Iraq cannot arguably otherwise afford. The foregoing would appear to contradict the following post from Kaperoni. 10-8-2019 Newshound Guru Kaperoni Oil credits and reduced prices for oil is all... nonsense...Iraq could never sell oil in exchange at a reduced price...because the budget is 90% dependent on Iraq's oil exports.
10-10-2019 Newshound/Intel Guru David M. Witty Iraqi PM Abdel-Mahdi: tomorrow [Thursday], Parliament will vote on making ministerial changes, amending the constitution, & changing election laws. We want to make real reform.
10-10-2019 Newshound Guru Adam Montana I have a longer weekly update prepared, but until these protests calm down... the GOI has their work cut out for them. It's a shame that this is happening, because I had some information towards the end of last week that had me getting pumped up. As much as many of us don't like it... Iraq needs to wade through this mess, and get the protests calmed down a bit before they can take their next steps. Don't shoot the messenger. The good news is that we aren't experiencing permanent setbacks. This too shall pass, and when it does, the progress will resume. These types of situations are usually short lived...
10-10-2019 Intel Guru Frank26 ...I believe the phase that they are in now is to distribute these lower denoms...what do you need before or synchronized with? A rate change. The description, the pictures, must come before a rate change or simultaneously. We truly believe that the phase is to show it to them, the citizens, and while they're understanding it, ding-dong Avon calling! 'I'm here to deliver you lower dinars private banks. Are you ready to accept them? Yes. Sign here.' ...this is the last and final piece of the puzzle...
10-9-2019 Intel Guru MarkZ [How long will we have to exchange?] I understand we will have about 10 days to make our appointments and about 30 days to do our exchanges
10-9-2019 Intel/Newshound Gurus Frank26 & Walkingstick ...Notice there has been no effect on the Iraqi dinar exchange rate due to the protesting. Not one pip movement of the Iraqi dinar exchange rate. Because it is not unstable. It is not off track. It is a process moving forward and I'm excited about Monday [October 14th]. [Reference Guru Frank26 10-8-2019 post]
10-9-2019 Newshound Guru Jeff Remember the CBI and the GOI are completely autonomous. So whatever happens with the GOI it has nothing to to do with the CBI. The CBI controls the money. The GOI controls the government and they work with the people. The only thing the CBI is seeking from the government is stability. Before they will agree to change the rate, they want the GOI to have a formed completed government...and they also need to have an approved 2020 budget because that's where post rate change monies will come from for reconstruction, Article 140 and the HCL... [post 2 of 2]
10-9-2019 Newshound Guru Jeff ...everybody else was telling us that Mahdi would be removed and that the government would be dismantled. Why aren't you giving us any of those details? Great question. Thank you for asking. Here's why. From the beginning I have told you that the demonstrations would have no bearing on this investment. If anything the demonstrations have confirmed and proven everything that I've been telling you since the end of August...the demonstrations have had no bearing. [post 1 of 2....stay tuned]
10-9-2019 Intel Guru MarkZ [via PDK] We are at the edge of our seats close today. We are in a big window of opportunity today. A number of confirmations from Iraq they are indeed expecting the LD’s and fils on the 14th...looking like a 5 day roll out is planned. [Do we have to wait until Iraq currency goes public to get. 1-800 number?] I do not think so...over 90% of their citizens have the QE card so they will get paid that way... I don’t think we will pass mid-month in October before we see the RV...
10-9-2019 Newshound/Intel Guru Mnt Goat ...as an investor in the dinar, we are not yet seeing the currency reform demand of the protestors being met. Let’ s see what happens in Thursday’s session in parliament...
10-9-2019 Intel Guru Frank26 ...the CBI 4 days ago told [guru] walkingstick's firm that on the 14th 'the acceptance of new currency to be followed by the fils.' The "Acceptance". These aren't just ordinary words. They are up here for a reason. They're well calculated...the bank must accept the responsibility of the lower denoms. This is the highest intel of the monetary reform of the Iraqi dinar...I believe very deeply in my heart they're about to show pictures and descriptions of the lower denoms to the citizens...and one more thing they will be given, the explanation...behind why their exchange rate has changed. [Reference Guru Frank26 10-8-2019 post]
10-9-2019 Intel/Newshound Gurus Frank26 & Walkingstick ...Notice there has been no effect on the Iraqi dinar exchange rate due to the protesting. Not one pip movement of the Iraqi dinar exchange rate. Because it is not unstable. It is not off track. It is a process moving forward and I'm excited about Monday [October 14th]. [Reference Guru Frank26 10-8-2019 post]
10-9-2019 Newshound Guru Jeff Remember the CBI and the GOI are completely autonomous. So whatever happens with the GOI it has nothing to to do with the CBI. The CBI controls the money. The GOI controls the government and they work with the people. The only thing the CBI is seeking from the government is stability. Before they will agree to change the rate, they want the GOI to have a formed completed government...and they also need to have an approved 2020 budget because that's where post rate change monies will come from for reconstruction, Article 140 and the HCL... [post 2 of 2]
10-9-2019 Newshound Guru Jeff ...everybody else was telling us that Mahdi would be removed and that the government would be dismantled. Why aren't you giving us any of those details? Great question. Thank you for asking. Here's why. From the beginning I have told you that the demonstrations would have no bearing on this investment. If anything the demonstrations have confirmed and proven everything that I've been telling you since the end of August...the demonstrations have had no bearing. [post 1 of 2....stay tuned]
10-9-2019 Intel Guru MarkZ [via PDK] We are at the edge of our seats close today. We are in a big window of opportunity today. A number of confirmations from Iraq they are indeed expecting the LD’s and fils on the 14th...looking like a 5 day roll out is planned. [Do we have to wait until Iraq currency goes public to get. 1-800 number?] I do not think so...over 90% of their citizens have the QE card so they will get paid that way... I don’t think we will pass mid-month in October before we see the RV...
10-9-2019 Newshound/Intel Guru Mnt Goat ...as an investor in the dinar, we are not yet seeing the currency reform demand of the protestors being met. Let’ s see what happens in Thursday’s session in parliament...
10-9-2019 Intel Guru Frank26 ...the CBI 4 days ago told [guru] walkingstick's firm that on the 14th 'the acceptance of new currency to be followed by the fils.' The "Acceptance". These aren't just ordinary words. They are up here for a reason. They're well calculated...the bank must accept the responsibility of the lower denoms. This is the highest intel of the monetary reform of the Iraqi dinar...I believe very deeply in my heart they're about to show pictures and descriptions of the lower denoms to the citizens...and one more thing they will be given, the explanation...behind why their exchange rate has changed. [Reference Guru Frank26 10-8-2019 post]
10-8-2019 Newshound Guru Kaperoni Oil credits and reduced prices for oil is all... nonsense...Iraq could never sell oil in exchange at a reduced price...because the budget is 90% dependent on Iraq's oil exports. And over 50% of the annual budget itself is salaries. Therefore they could never sell oil for less that that amount in the budget calculation for a particular year or they couldn't meet their budget not to mention they wouldn't be able to pay their people. Maybe someday if Iraq ever had a fully functional market economy and diversified to 50% or so and the state payroll was less than it is they may be an opportunity to do something like that but that is so far in the distance...
10-8-2019 Intel Guru Frank26 ...what are we looking for? We're looking for pictures and descriptions [of lower denoms]...Saturday or Sunday it's possible we might finally be introduced to those pictures and descriptions...
10-8-2019 Intel Guru MarkZ [via PDK] I am not under an NDA…yet...Rumors that elderly in Iraq are going first... Frank [Guru Frank26] had big news yesterday from [Guru] Walkingstick who is a bank owner...LD’s and Fils expected on the 14th...Close to what I just received from a number of sources in Iraq. [Reference Guru Frank26 9-8-2019 post below]
10-8-2019 Newshound/Intel Guru Mnt Goat So, there was talk of dismissal of current prime minister Mahdi. According to the constitution this would be a no confidence vote. So what happened on this vote on Saturday? A parliamentary source said on Monday that the House of Representatives will hold its eighth session to discuss the demonstrations on Tuesday. The source said in an interview with Alsumaria News, "The House of Representatives will be held at one o'clock on Tuesday, its regular session." He added that "the session will be dedicated to discuss the demonstrations and take the necessary measures to meet the demands of the demonstrators." [post 2 of 2]
10-8-2019 Newshound/Intel Guru Mnt Goat The Iraq protestors continue until the list of demands are met. We know these demands include stopping the currency auctions. We know if they do this they will then move the dinar to trade international. We have been waiting for this for many years as investors in the currency. But the question is - will this protesting effort actually put pressure on them to do it? We know there is already a plan to roll out the smaller and the small category notes and coins by the CBI. They keep telling the people of all the corruption but it seems to make no difference. [post 1 of 2....stay tuned]
10-8-2019 Newshound Guru chattels Article: "Parliament officially votes to freeze the work of provincial councils" Quote: "...The House of Representatives officially voted to freeze the work of the provincial councils. It also voted on the recommendations of the parliamentary committee charged with considering the demands of the demonstrators" It appears that the Iraqi Parliament managed to obtain a quorum for today's business.
10-8-2019 Newshound Guru Kaperoni Any such idea to release a new currency or small denominations right now would be a disaster. Iraq is doing everything they can just to maintain stability. Criticle this month is the vote on Special Grades which includes the CBI governor (Allaq could be replaced), parliament voting on laws, and parliament getting the 2020 budget to begin review that includes a significant increase in spending for the private sector.
10-8-2019 Intel Guru MarkZ A military contact says this will be done/wrapped up between Nov. 4-15th. Everyone done, groups and exchanges completed and redemption centers closed down and everybody gone home...which means they got to start soon.
10-8-2019 Intel Guru Frank26 ...the CBI has told [guru] Walkingstick's firm 3 days ago...(they have 6 banks)...that on the 14th they are to have the acceptance of new currency...It isn't even my opinion because the CBI told my friend's firm therefore it's public knowledge. To be followed by fils...whoop there it is!...When we see the pictures of the new lower denoms we've got a good chance for this to unfold...Let's pray this protesting stops being so violent...our team members are alive and well...and pray that if it calms down the pictures of the lower denoms and the descriptions come out...
10-8-2019 Intel Guru Frank26 ...what are we looking for? We're looking for pictures and descriptions [of lower denoms]...Saturday or Sunday it's possible we might finally be introduced to those pictures and descriptions...
10-8-2019 Intel Guru MarkZ [via PDK] I am not under an NDA…yet...Rumors that elderly in Iraq are going first... Frank [Guru Frank26] had big news yesterday from [Guru] Walkingstick who is a bank owner...LD’s and Fils expected on the 14th...Close to what I just received from a number of sources in Iraq. [Reference Guru Frank26 9-8-2019 post below]
10-8-2019 Newshound/Intel Guru Mnt Goat So, there was talk of dismissal of current prime minister Mahdi. According to the constitution this would be a no confidence vote. So what happened on this vote on Saturday? A parliamentary source said on Monday that the House of Representatives will hold its eighth session to discuss the demonstrations on Tuesday. The source said in an interview with Alsumaria News, "The House of Representatives will be held at one o'clock on Tuesday, its regular session." He added that "the session will be dedicated to discuss the demonstrations and take the necessary measures to meet the demands of the demonstrators." [post 2 of 2]
10-8-2019 Newshound/Intel Guru Mnt Goat The Iraq protestors continue until the list of demands are met. We know these demands include stopping the currency auctions. We know if they do this they will then move the dinar to trade international. We have been waiting for this for many years as investors in the currency. But the question is - will this protesting effort actually put pressure on them to do it? We know there is already a plan to roll out the smaller and the small category notes and coins by the CBI. They keep telling the people of all the corruption but it seems to make no difference. [post 1 of 2....stay tuned]
10-8-2019 Newshound Guru chattels Article: "Parliament officially votes to freeze the work of provincial councils" Quote: "...The House of Representatives officially voted to freeze the work of the provincial councils. It also voted on the recommendations of the parliamentary committee charged with considering the demands of the demonstrators" It appears that the Iraqi Parliament managed to obtain a quorum for today's business.
10-8-2019 Newshound Guru Kaperoni Any such idea to release a new currency or small denominations right now would be a disaster. Iraq is doing everything they can just to maintain stability. Criticle this month is the vote on Special Grades which includes the CBI governor (Allaq could be replaced), parliament voting on laws, and parliament getting the 2020 budget to begin review that includes a significant increase in spending for the private sector.
10-8-2019 Intel Guru MarkZ A military contact says this will be done/wrapped up between Nov. 4-15th. Everyone done, groups and exchanges completed and redemption centers closed down and everybody gone home...which means they got to start soon.
10-8-2019 Intel Guru Frank26 ...the CBI has told [guru] Walkingstick's firm 3 days ago...(they have 6 banks)...that on the 14th they are to have the acceptance of new currency...It isn't even my opinion because the CBI told my friend's firm therefore it's public knowledge. To be followed by fils...whoop there it is!...When we see the pictures of the new lower denoms we've got a good chance for this to unfold...Let's pray this protesting stops being so violent...our team members are alive and well...and pray that if it calms down the pictures of the lower denoms and the descriptions come out...
10-7-2019 Newshound Guru Kaperoni ...To much to do to build a market economy such as laws, getting investors, and stabilizing the country after these recent protests before we can see the dinar appreciate in value. Personally I have my doubts that the government of Iraq can accomplish these tasks before the end of the year. These events may delay progress 6 months.
10-7-2019 Intel Guru MarkZ The 7th of Oct...We should have been long done with this thing by now! Unrest in Iraq...it will stay this way until they get what they were promised over and over again…they are tired of waiting for the new rate... They are pushing us toward the RV not away from it... Lots of rumors that it is underway. [What is the street rate for IQD?] I’ve been told we can expect $3.91-$3.98 when the rate changes. ...There is an excellent chance I could be under an NDA today still. We are that close. I really do believe its “any day”. We just have to live through these “final moments” of this very long journey.
10-7-2019 Newshound Guru chattels Article quote: "On Monday, Abdul-Mahdi said he discussed the recent events and reform plans in a phone call with US Secretary of State Mike Pompeo, without providing further details. And Russian Foreign Minister Sergei Lavrov landed in Baghdad to meet top officials." Plans to reform and committees to study and prepare may not be enough this time. People need relief and that requires action. ...There are matters in Iraq unfolding before our very eyes, as the Gurus say, but it does not appear to be a substantial increase in the value of the dinar.
10-7-2019 Newshound/Intel Guru Jeff ...is the dinar still a good investment to be invested in with everything happening? The answer IMO...is yes. Here's why. What I've been trying to strongly show you is that since roughly August, if Iraq didn't start getting thing done they would be very limited and restricted on what they were actually able to do going forward without a rate change. They're strongly showing that proof to you based on their actions and what they were actually able to do for the citizens...they were very limited on what they could do...the rate change is now waiting on the 2020 budget because that's where all the money's gonna be allocated from...everything's coming together...the dinar in my opinion is still a very good investment...we are still in a very good position...this whole investment is a process...
10-7-2019 Intel Guru MarkZ The 7th of Oct...We should have been long done with this thing by now! Unrest in Iraq...it will stay this way until they get what they were promised over and over again…they are tired of waiting for the new rate... They are pushing us toward the RV not away from it... Lots of rumors that it is underway. [What is the street rate for IQD?] I’ve been told we can expect $3.91-$3.98 when the rate changes. ...There is an excellent chance I could be under an NDA today still. We are that close. I really do believe its “any day”. We just have to live through these “final moments” of this very long journey.
10-7-2019 Newshound Guru chattels Article quote: "On Monday, Abdul-Mahdi said he discussed the recent events and reform plans in a phone call with US Secretary of State Mike Pompeo, without providing further details. And Russian Foreign Minister Sergei Lavrov landed in Baghdad to meet top officials." Plans to reform and committees to study and prepare may not be enough this time. People need relief and that requires action. ...There are matters in Iraq unfolding before our very eyes, as the Gurus say, but it does not appear to be a substantial increase in the value of the dinar.
10-7-2019 Newshound/Intel Guru Jeff ...is the dinar still a good investment to be invested in with everything happening? The answer IMO...is yes. Here's why. What I've been trying to strongly show you is that since roughly August, if Iraq didn't start getting thing done they would be very limited and restricted on what they were actually able to do going forward without a rate change. They're strongly showing that proof to you based on their actions and what they were actually able to do for the citizens...they were very limited on what they could do...the rate change is now waiting on the 2020 budget because that's where all the money's gonna be allocated from...everything's coming together...the dinar in my opinion is still a very good investment...we are still in a very good position...this whole investment is a process...
10-6-2019 Newshound Guru MilitiaMan ...The so called brotherly neighbor has tentacles deep inside helping them selves to the cash cow called Currency Auctions. I don't disagree, there are things in the country that are and will be far from over. However, one hell of a good way to solve that is to stop the auctions, raise the value, which will provide jobs that will come from going international with a new internationally excepted currency. That will be the facilitator for global trade for the world which will in turn beget purchase power for the citizens, while they grow economically with the new jobs created from the positive effects of raising the value. imo.
10-6-2019 Newshound Guru Bloodloch There are somewhere between six and a dozen or more different factors that may influence exchange rates, depending upon who you are talking to. The money supply or currency issued is just one of them. Investor speculation, interest rate differentials, inflation rate differentials, gross domestic product, international investments, trade deals, and other factors all may come into play. At times it may seem like such determinations are more art than raw number-crunching science, or perhaps it's just whatever the central banks want it to be in order to achieve some global political agenda. Investopedia says, "... exchange rates are determined by numerous complex factors that often leave even the most experienced economists flummoxed... " I couldn't agree with them more.
10-6-2019 Newshound/Intel Guru David M. Witty In ministerial cabinet meeting, Iraqi PM Abdel-Mahdi makes promises to meet demands of protesters: corrupt officials to be held accountable, land & housing for those with low income, interest free loans, opening Army to volunteers.
10-6-2019 Newshound Guru Jeff They still have two major things to do before the rate can change. This is based on current facts. What I'm telling you can change through time but as where we're at right now with current facts - the two things remaining are they have to finish the formation of the government and approve the budget...then they can change the rate. That's exactly where we're at. The facts are unfolding right before your eyes...
10-6-2019 Newshound Guru Kaperoni They've been using wheelbarrows for years what's the difference if they have to use them a few more? They're either going to do one of two things they're either going to Lop first to get to 1 to $1 exchange rate reducing the money supply from trillions to billions. And then float the currency allowing it to rise. Or they're going to just float it from the beginning and allowed to gradually increase over time allowing them to reduce the money supply we don't know that answer yet but it's not going to RV
10-6-2019 Newshound Guru MilitiaMan Lets hope the fire the citizens brought out over the past 5 days has the affect we await and they need! I have a feeling that the support they are getting from around the world, is squarely on the politicians backs now. They've been AWOKE imo... timing now is crucial for them to complete the reforms and get the market economy underway and international, ASAP. As that will usher in the employment and put purchase power in their hands. ...lifting the value of the Sovereign Currency will actually fix things! imo...
10-6-2019 Newshound Guru Bloodloch There are somewhere between six and a dozen or more different factors that may influence exchange rates, depending upon who you are talking to. The money supply or currency issued is just one of them. Investor speculation, interest rate differentials, inflation rate differentials, gross domestic product, international investments, trade deals, and other factors all may come into play. At times it may seem like such determinations are more art than raw number-crunching science, or perhaps it's just whatever the central banks want it to be in order to achieve some global political agenda. Investopedia says, "... exchange rates are determined by numerous complex factors that often leave even the most experienced economists flummoxed... " I couldn't agree with them more.
10-6-2019 Newshound/Intel Guru David M. Witty In ministerial cabinet meeting, Iraqi PM Abdel-Mahdi makes promises to meet demands of protesters: corrupt officials to be held accountable, land & housing for those with low income, interest free loans, opening Army to volunteers.
10-6-2019 Newshound Guru Jeff They still have two major things to do before the rate can change. This is based on current facts. What I'm telling you can change through time but as where we're at right now with current facts - the two things remaining are they have to finish the formation of the government and approve the budget...then they can change the rate. That's exactly where we're at. The facts are unfolding right before your eyes...
10-6-2019 Newshound Guru Kaperoni They've been using wheelbarrows for years what's the difference if they have to use them a few more? They're either going to do one of two things they're either going to Lop first to get to 1 to $1 exchange rate reducing the money supply from trillions to billions. And then float the currency allowing it to rise. Or they're going to just float it from the beginning and allowed to gradually increase over time allowing them to reduce the money supply we don't know that answer yet but it's not going to RV
10-6-2019 Newshound Guru MilitiaMan Lets hope the fire the citizens brought out over the past 5 days has the affect we await and they need! I have a feeling that the support they are getting from around the world, is squarely on the politicians backs now. They've been AWOKE imo... timing now is crucial for them to complete the reforms and get the market economy underway and international, ASAP. As that will usher in the employment and put purchase power in their hands. ...lifting the value of the Sovereign Currency will actually fix things! imo...
10-5-2019 Intel/Newshound Guru Frank26 ...we're thinking the CBI is going to bring out the pictures of the lower denoms/smaller notes. What do you think will happen if they all of a sudden they saw this tomorrow or Monday or Tuesday? It would quell the anger. I would stop the protesting. It would stop the killing...why? Because the citizens would have their minds on something that belongs to them. Finally!
10-5-2019 Newshound Guru Jeff Sader is now backing down from removing the government. Because their hands are tied and boxed in a corner (waiting for the RI). They could only offer 3 items to the citizens: 1. Jobs. 2. Cheap Housing. 3. Money.
10-5-2019 Newshound Guru larrykn Articles: "Saleh, al-Halbousi call for maintaining community security of protestors"; "Arab League voices concern over unrest in Iraq"; "Baghdad`s protests death toll rises to 100 and injuries to 4000" I hope they can settle the people down soon , this can be either good or bad for the country, they will either get off the pot or stall. we shall see
10-5-2019 Newshound Guru Jeff ...they said on this Saturday the 5th they were going to vote on the Education Minister now they're not showing any intentions of doing that...ONE article says that tomorrow, Saturday, most of the political blocks will vote to dismiss the government. So be cautious with that. It may not happen. We'll have to wait and see...
10-5-2019 Newshound Guru Kaperoni These Iraqi protests have gone on now for several days. This is not what we as investors want to see happen. Delays in reform and investment will be the result. Not good...They need to get investment and companies to come in and put people to work, that is what will raise the value of the currency.
10-5-2019 Newshound Guru Jeff Sader is now backing down from removing the government. Because their hands are tied and boxed in a corner (waiting for the RI). They could only offer 3 items to the citizens: 1. Jobs. 2. Cheap Housing. 3. Money.
10-5-2019 Newshound Guru larrykn Articles: "Saleh, al-Halbousi call for maintaining community security of protestors"; "Arab League voices concern over unrest in Iraq"; "Baghdad`s protests death toll rises to 100 and injuries to 4000" I hope they can settle the people down soon , this can be either good or bad for the country, they will either get off the pot or stall. we shall see
10-5-2019 Newshound Guru Jeff ...they said on this Saturday the 5th they were going to vote on the Education Minister now they're not showing any intentions of doing that...ONE article says that tomorrow, Saturday, most of the political blocks will vote to dismiss the government. So be cautious with that. It may not happen. We'll have to wait and see...
10-5-2019 Newshound Guru Kaperoni These Iraqi protests have gone on now for several days. This is not what we as investors want to see happen. Delays in reform and investment will be the result. Not good...They need to get investment and companies to come in and put people to work, that is what will raise the value of the currency.
10-4-2019 Intel Guru MilitiaMan ...The CBI on the 10/01/2019 has since been in extensive research, preparation and coordination to go live globally! They have the ability of global distribution now from the looks of it...All is good for us and those looking for a bright future in Iraq...So let's see if the saturation and distribution gets out to the citizens this weekend or there real close. The 15th is not far off. Lots of things line up on that date.. As in the 2020 Budget, citizens demands, China Taxes and Tariffs with the USA, etc. ~ imo ~ MM
10-4-2019 Newshound/Intel Guru Mnt Goat [Guru] Frank26 says 12 large armored trucks traveling to banks seen...I want everyone to know these trucks are NOT filled with the smaller of the smaller category notes. They are the promised 250, 500 and 1000 dinar notes...the CBI needed to replace these notes. These are now the replacement notes. So this has NOTHING to do with the RV... [Reference Frank26 10-3-2019]
10-4-2019 Newshound Guru Bloodloch [reference sandyf post 10-3-2019] "The CBI has an IQD denominated liability in respect of the currency that has been issued. This liability is underpinned by assets but the bulk of the assets are foreign currency denominated. If the IQD were to rise in value the liability would increase but the asset value would remain the same. There is only about 8% equity in the CBI accounts so it would not take much of a rise in the value of the IQD for the CBI to be bankrupt." Companies, institutions, central banks, and everyone else on planet Earth use a single valuation unit to record and report their assets, liabilities, and equities, said unit usually being their respective national currency. In the case of the CBI financials, it is all valued in Iraqi Dinars, period. All the assets. All the liabilities. All the equities. All IQD.
10-4-2019 Newshound/Intel Guru Mnt Goat Article: "SAUDI ARABIA ALLOWS AND ENCOURAGES INVESTMENTS IN THE IRAQI STOCK EXCHANGE" ...we already heard that October was the timeframe to begin the Nasdaq indexes also. Now we are seeing the Saudis also coming online. This is all fantastic news. How can they go much longer without having a rate to trade on FOREX?...
10-4-2019 Newshound Guru Adam Montana Every ounce of effort put into this venture will one day (soon) return many times over.
10-4-2019 Intel Guru MarkZ [via PDK] We were hoping we wouldn’t see you today...and you were in NDA land. I am not under an NDA yet…Noone really knows what the rate is going to be...just plan for higher and lower rates... If anything big happens I will be sure to update you this weekend…
10-4-2019 Newshound Guru Jeff ...What is the rate change waiting on? What steps does the rate change need for the rate change to occur? ...(Things shared with you are not set in stone)...they still have to get the money ready to go and the money has to be allocated and be ready to be dispersed. Those steps have to come from a budget...the 2020 budget is linked to the rate change big time. It's got a lot of financial allocations and monies...items that pertain strongly to the rate change. So they have to complete the budget before the rate can change. It's that simple...that's the reason I've been telling you that the rate cannot change this year. It's because they have to finish and approve and complete the 2020 budget which will roll into next year.
10-4-2019 Newshound/Intel Guru Mnt Goat "IRAQ: DEMONSTRATIONS OVER UNEMPLOYMENT, CORRUPTION AND POOR PUBLIC SERVICES." ...they were demanding currency reform. ...The protestors actually do have this on their list of demands. This is all VERY good for us and our investment. A government like the GOI can’t keep making these promises to the people and then do nothing. Eventually the people will rise up and do something to get what was promised...is the GOI going to meet the demands? We know one of them is the currency reform. The demonstrators gave them 15 days to meet the demands.
10-4-2019 Newshound/Intel Guru Mnt Goat [Guru] Frank26 says 12 large armored trucks traveling to banks seen...I want everyone to know these trucks are NOT filled with the smaller of the smaller category notes. They are the promised 250, 500 and 1000 dinar notes...the CBI needed to replace these notes. These are now the replacement notes. So this has NOTHING to do with the RV... [Reference Frank26 10-3-2019]
10-4-2019 Newshound Guru Bloodloch [reference sandyf post 10-3-2019] "The CBI has an IQD denominated liability in respect of the currency that has been issued. This liability is underpinned by assets but the bulk of the assets are foreign currency denominated. If the IQD were to rise in value the liability would increase but the asset value would remain the same. There is only about 8% equity in the CBI accounts so it would not take much of a rise in the value of the IQD for the CBI to be bankrupt." Companies, institutions, central banks, and everyone else on planet Earth use a single valuation unit to record and report their assets, liabilities, and equities, said unit usually being their respective national currency. In the case of the CBI financials, it is all valued in Iraqi Dinars, period. All the assets. All the liabilities. All the equities. All IQD.
10-4-2019 Newshound/Intel Guru Mnt Goat Article: "SAUDI ARABIA ALLOWS AND ENCOURAGES INVESTMENTS IN THE IRAQI STOCK EXCHANGE" ...we already heard that October was the timeframe to begin the Nasdaq indexes also. Now we are seeing the Saudis also coming online. This is all fantastic news. How can they go much longer without having a rate to trade on FOREX?...
10-4-2019 Newshound Guru Adam Montana Every ounce of effort put into this venture will one day (soon) return many times over.
10-4-2019 Intel Guru MarkZ [via PDK] We were hoping we wouldn’t see you today...and you were in NDA land. I am not under an NDA yet…Noone really knows what the rate is going to be...just plan for higher and lower rates... If anything big happens I will be sure to update you this weekend…
10-4-2019 Newshound Guru Jeff ...What is the rate change waiting on? What steps does the rate change need for the rate change to occur? ...(Things shared with you are not set in stone)...they still have to get the money ready to go and the money has to be allocated and be ready to be dispersed. Those steps have to come from a budget...the 2020 budget is linked to the rate change big time. It's got a lot of financial allocations and monies...items that pertain strongly to the rate change. So they have to complete the budget before the rate can change. It's that simple...that's the reason I've been telling you that the rate cannot change this year. It's because they have to finish and approve and complete the 2020 budget which will roll into next year.
10-4-2019 Newshound/Intel Guru Mnt Goat "IRAQ: DEMONSTRATIONS OVER UNEMPLOYMENT, CORRUPTION AND POOR PUBLIC SERVICES." ...they were demanding currency reform. ...The protestors actually do have this on their list of demands. This is all VERY good for us and our investment. A government like the GOI can’t keep making these promises to the people and then do nothing. Eventually the people will rise up and do something to get what was promised...is the GOI going to meet the demands? We know one of them is the currency reform. The demonstrators gave them 15 days to meet the demands.
10-3-2019 Newshound Guru Kaperoni I am very confident with all of the economic activities going on in Iraq that they certainly will launch a market economy and receive private investment to rebuild the infrastructure next year. They must open the banking system for that to succeed and float the currency.
10-3-2019 Intel/Newshound Guru sandyf ...The CBI has an IQD denominated liability in respect of the currency that has been issued. This liability is underpinned by assets but the bulk of the assets are foreign currency denominated. If the IQD were to rise in value the liability would increase but the asset value would remain the same. There is only about 8% equity in the CBI accounts so it would not take much of a rise in the value of the IQD for the CBI to be bankrupt.
10-3-2019 Intel Guru Frank26 I think Alaq is going to say a lot tomorrow...They moved 12 trucks, gigantic armored trucks out of the green zone. They were escorted by Blackwater and whoever else...they escorted these 12 armored trucks and Alaq went on television and he told the citizens, 'we are moving these 12 armored vehicles to undisclosed destination.' He told the people the trucks were loaded with funds. There's no doubt these are the lower denoms because the day before he told them, 'I'm going to give you the lower denoms.' And now he's telling them, 'look I'm moving them.' But he's not telling them what funds they are...it's possible they are either going to show them tomorrow the pictures of the lower denoms or Saturday...I really think this week they are going to show it to them...
10-3-2019 Newshound/Intel Guru Mnt Goat Article: "THE NEW SESSION OF THE BAGHDAD INTERNATIONAL FAIR WILL WITNESS A MAJOR BREAKTHROUGH FOR THE CONTRIBUTION OF THE PRIVATE SECTOR" ...the more the private sector is engaged in Iraq the more likelihood they will have to change over from the currency auctions and go to a free market economy, thus get the currency on FOREX.
10-3-2019 Intel Guru FRANK26 IF YOU THINK THINGS ARE NOT LOOKING GOOD DUE TO THE DEMONSTRATIONS, DON'T... I AM VERY EXCITED BECAUSE OF WHAT TEAMS ARE TELLING ME!!!
10-3-2019 Newshound Guru larrykn Articles: "Iraqi protests turn deadly as security forces open fire on demonstrators"; "UN expresses concern over violence in Iraq protests" this should get the attention on the government. they better get going or the whole government will collapse. This might be the turning point for Iraq.
10-3-2019 Intel Guru MarkZ [via PDK] Still hearing the possibility of my being under an NDA today...If I am under an NDA that means I have received some funds...More people that I know have signed NDA's... This means money must be moving somewhere...just cannot find out where. I am upbeat...I think its because I know who is now under NDAs...and that is exciting even though I cannot share that. i understand that I still will be able to release 800 numbers if I receive them. No word from my Iraqi contact since Saturday…I have been trying to reach them constantly. I feel this is the quiet before the storm...it’s so close we can taste it.
10-3-2019 Newshound Guru Jeff ...Historically they [Iraq] had a 3+ value...notice how they keep telling you they're trying to come out with lower denoms and then back in August and September they put out all those articles telling you coins...so yes they will be coming out with coins and lower denoms at an increased rate...clear back into the early 1970's they had a 3+ value...the article from yesterday said $3.37 as of 1973. That's before I was even born. I was born in '75. That tells me Iraq is the wealthiest country in the world. So when you come out and tell me, 'Oh yeah we think the rates gonna go to 1+', I laugh in your face because Iraq is the wealthiest country in the world and back in '73 they were holding a rate of $3.37. That's huge...
10-3-2019 Intel Guru Frank26 I owe you an apology...there was a misunderstanding between me and bluestar...he must have told me 'Frank you need to verify this'...I missed it. My rush and excitement to share with you what I thought was proper was not..."the dinar was live on Nasdaq." That was a mistake. That is now null and void...my humblest apologies...to say the dinar was trading live insinuates a lot of other things that were not true. I'm really really sorry.
10-3-2019 Intel/Newshound Guru sandyf ...The CBI has an IQD denominated liability in respect of the currency that has been issued. This liability is underpinned by assets but the bulk of the assets are foreign currency denominated. If the IQD were to rise in value the liability would increase but the asset value would remain the same. There is only about 8% equity in the CBI accounts so it would not take much of a rise in the value of the IQD for the CBI to be bankrupt.
10-3-2019 Intel Guru Frank26 I think Alaq is going to say a lot tomorrow...They moved 12 trucks, gigantic armored trucks out of the green zone. They were escorted by Blackwater and whoever else...they escorted these 12 armored trucks and Alaq went on television and he told the citizens, 'we are moving these 12 armored vehicles to undisclosed destination.' He told the people the trucks were loaded with funds. There's no doubt these are the lower denoms because the day before he told them, 'I'm going to give you the lower denoms.' And now he's telling them, 'look I'm moving them.' But he's not telling them what funds they are...it's possible they are either going to show them tomorrow the pictures of the lower denoms or Saturday...I really think this week they are going to show it to them...
10-3-2019 Newshound/Intel Guru Mnt Goat Article: "THE NEW SESSION OF THE BAGHDAD INTERNATIONAL FAIR WILL WITNESS A MAJOR BREAKTHROUGH FOR THE CONTRIBUTION OF THE PRIVATE SECTOR" ...the more the private sector is engaged in Iraq the more likelihood they will have to change over from the currency auctions and go to a free market economy, thus get the currency on FOREX.
10-3-2019 Intel Guru FRANK26 IF YOU THINK THINGS ARE NOT LOOKING GOOD DUE TO THE DEMONSTRATIONS, DON'T... I AM VERY EXCITED BECAUSE OF WHAT TEAMS ARE TELLING ME!!!
10-3-2019 Newshound Guru larrykn Articles: "Iraqi protests turn deadly as security forces open fire on demonstrators"; "UN expresses concern over violence in Iraq protests" this should get the attention on the government. they better get going or the whole government will collapse. This might be the turning point for Iraq.
10-3-2019 Intel Guru MarkZ [via PDK] Still hearing the possibility of my being under an NDA today...If I am under an NDA that means I have received some funds...More people that I know have signed NDA's... This means money must be moving somewhere...just cannot find out where. I am upbeat...I think its because I know who is now under NDAs...and that is exciting even though I cannot share that. i understand that I still will be able to release 800 numbers if I receive them. No word from my Iraqi contact since Saturday…I have been trying to reach them constantly. I feel this is the quiet before the storm...it’s so close we can taste it.
10-3-2019 Newshound Guru Jeff ...Historically they [Iraq] had a 3+ value...notice how they keep telling you they're trying to come out with lower denoms and then back in August and September they put out all those articles telling you coins...so yes they will be coming out with coins and lower denoms at an increased rate...clear back into the early 1970's they had a 3+ value...the article from yesterday said $3.37 as of 1973. That's before I was even born. I was born in '75. That tells me Iraq is the wealthiest country in the world. So when you come out and tell me, 'Oh yeah we think the rates gonna go to 1+', I laugh in your face because Iraq is the wealthiest country in the world and back in '73 they were holding a rate of $3.37. That's huge...
10-3-2019 Intel Guru Frank26 I owe you an apology...there was a misunderstanding between me and bluestar...he must have told me 'Frank you need to verify this'...I missed it. My rush and excitement to share with you what I thought was proper was not..."the dinar was live on Nasdaq." That was a mistake. That is now null and void...my humblest apologies...to say the dinar was trading live insinuates a lot of other things that were not true. I'm really really sorry.
10-2-2019 Newshound Guru Adam Montana Whether they barter directly for oil or not is kind of irrelevant. China probably doesn't give a hoot either way, because they know exactly what we know - Iraq is rich with oil, Iraq will not be an impoverished land with no way to pay their debts, and Iraq has every ability to pay their debts... because of oil. I wish I had a date to put out here, but you all know by now I won't do that. It sure does look promising, though! Iraq has an RV button to push... [post 2 of 2]
10-2-2019 Newshound Guru Adam Montana ...OIL - currently WTI at $52. Stable enough, no worries there. Iraq and China was a big story last week, and it still is...There was some discussion on the topic of how Iraq will pay China. Some of the articles suggest Iraq will pay with oil, while others state it will be financed by oil...the exact method doesn't matter. What is important to understand is that Iraq has oil. That's it. [post 1 of 2....stay tuned]
10-2-2019 Intel Guru Frank26 ...It's either this week or next week where they are actually going to come out with [Lower Denom] pictures IMO...It will be Alaq...to come out and say we're ready to distribute the lower denoms...But before that, pictures and explanation of these lower denoms...
10-2-2019 Intel Guru MarkZ I feel we are so close and the waiting in these last days is very hard. We are told I may be under a NDA by midday tomorrow. I was told the NDA for people who are in the public like myself, Frank ect…may be stronger than the normal people’s NDA. So If I have to shut up...that is why. They may force me to be 100% quiet. I was told I probably will be able to post that Screen with the nest and the cash and golden egg in it with the 800 numbers...but won’t know for sure until I read the NDA...we hear anytime from now until Thursday for 800 numbers...but manage your expectations…
10-2-2019 Newshound/Intel Guru Mnt Goat Right now the rate is still being suppressed at the program rate. The program rate was supposed to be a temporary de-facto peg to the US dollar to help they through a time of high inflation and prevent hyper-inflation. The CBI has told us there is a process to getting the dinar “reinstated” and in use as an international currency once again. It is not as simple as just pulling a trigger and wamoo, the new rate appears on FOREX. [post 2 of 2]
10-2-2019 Newshound/Intel Guru Mnt Goat Just remember the banks do not make the decision for anything. They simple want the new rate to show up on FOREX and when it does they can use it “legally” to exchange customers who to come in with their currency. ...When the IQD does come back on FOREX and the other global currency exchanges it is called a “reinstatement”. The rate given hopefully will reflect the true and accurate value of the dinar. [post 1 of 2....stay tuned]
10-2-2019 Intel Guru Frank26 ...they've come to the realization that a dinar is a dinar in the country no matter what. 1 to 1 to the American Dollar. They're not going to go any higher than that...once they lift the value they will bring in the three zeros with no problem...it will take years to bring in the 3 zero notes.
10-2-2019 Newshound Guru Kaperoni Iraq's Parliament announced today the 2020 budget will be submitted around middle of October for review/voting. So we'll get a good indication what they finally concluded the deficit will be. Expectations are as high as $70 billion as they attempt to launch a private sector.
10-2-2019 Newshound Guru Adam Montana ...OIL - currently WTI at $52. Stable enough, no worries there. Iraq and China was a big story last week, and it still is...There was some discussion on the topic of how Iraq will pay China. Some of the articles suggest Iraq will pay with oil, while others state it will be financed by oil...the exact method doesn't matter. What is important to understand is that Iraq has oil. That's it. [post 1 of 2....stay tuned]
10-2-2019 Intel Guru Frank26 ...It's either this week or next week where they are actually going to come out with [Lower Denom] pictures IMO...It will be Alaq...to come out and say we're ready to distribute the lower denoms...But before that, pictures and explanation of these lower denoms...
10-2-2019 Intel Guru MarkZ I feel we are so close and the waiting in these last days is very hard. We are told I may be under a NDA by midday tomorrow. I was told the NDA for people who are in the public like myself, Frank ect…may be stronger than the normal people’s NDA. So If I have to shut up...that is why. They may force me to be 100% quiet. I was told I probably will be able to post that Screen with the nest and the cash and golden egg in it with the 800 numbers...but won’t know for sure until I read the NDA...we hear anytime from now until Thursday for 800 numbers...but manage your expectations…
10-2-2019 Newshound/Intel Guru Mnt Goat Right now the rate is still being suppressed at the program rate. The program rate was supposed to be a temporary de-facto peg to the US dollar to help they through a time of high inflation and prevent hyper-inflation. The CBI has told us there is a process to getting the dinar “reinstated” and in use as an international currency once again. It is not as simple as just pulling a trigger and wamoo, the new rate appears on FOREX. [post 2 of 2]
10-2-2019 Newshound/Intel Guru Mnt Goat Just remember the banks do not make the decision for anything. They simple want the new rate to show up on FOREX and when it does they can use it “legally” to exchange customers who to come in with their currency. ...When the IQD does come back on FOREX and the other global currency exchanges it is called a “reinstatement”. The rate given hopefully will reflect the true and accurate value of the dinar. [post 1 of 2....stay tuned]
10-2-2019 Intel Guru Frank26 ...they've come to the realization that a dinar is a dinar in the country no matter what. 1 to 1 to the American Dollar. They're not going to go any higher than that...once they lift the value they will bring in the three zeros with no problem...it will take years to bring in the 3 zero notes.
10-2-2019 Newshound Guru Kaperoni Iraq's Parliament announced today the 2020 budget will be submitted around middle of October for review/voting. So we'll get a good indication what they finally concluded the deficit will be. Expectations are as high as $70 billion as they attempt to launch a private sector.
10-1-2019 Intel Guru Frank26 ...the Iraqi dinar is live on NASDAQ and Forex and a lot of currency counters...If it's on NASDAQ does it have a different rate to it? No. I told you yesterday they can come to NASDAQ with a program rate...it is now going to be on the international boards trading...the dinar is now playing with the big boys and big boys don't play with program rates...
10-1-2019 Intel/Newshound Guru sandyf It is totally irrelevant how much currency is held where, the only significant figure is the liability on the CBI that appears in their accounts. At the end of August that figure stood at over 48 trillion dinar and the IMF projection takes that figure to nearly 60 trillion over the next 5 years...
10-1-2019 Newshound Guru Kaperoni I want to point out to critical events between now and the end of the year. One is the vote through Parliament on Special Grades, the other being the 2020 budget which the supposed to include the launching of the market economy. Iraq is at a critical stage right now not only with an abundance of laws that still need to be passed, but they are in dire need to lure private investors in to rebuild. [post 2 of 2]
10-1-2019 Newshound Guru Kaperoni The Iraq government is striving to create a market economy with private investment. Doing so would bring substantial money into the country. This would create inflationary pressure on the financial system, the solution is to float the currency to relieve that pressure. It also would allow the CBI to profit by controlling the currency, buying and selling making commissions. Any kind of RV would circumvent those tools. [post 1 of 2....stay tuned]
10-1-2019 Newshound Guru Jeff [Article: A surprising new forecast for the 2020 budget deficit] ...goes into detail about the 2020 budget...I'm done looking at the year of 19 and I've already advanced into the year of 2020...they're telling you that the 2020 budget should create the conditions to support economic reform, reconstruction activities focused on immediate reforms and implementation of the government program...the government program is...all the government services after the rate change that are gonna be offered to the citizens post rate change to give them a better life...look at what they've linked to the 2020 budget...
10-1-2019 Intel Guru Frank26 ...the 3rd phase has ended pretty much as of today. These are steps that have to be done. I call them phases but the CBI is calling them blocks...I told you there were four phases. I believe we are about to start the 4th phase...the momentum of the monetary reform, it is picking up...IMO these samples/specimens that were given to the bank by the CBI...or lower denoms these are next to be seen by the citizens as part of their education. Then the real small category notes/lower denoms will be put in their hands with a change in the rate...the only step important now is for the citizens...
10-1-2019 Intel Guru MarkZ I am looking for a fantastic day…If news is as good as I expect…..you will be hearing from me again today...Today is the first…..we are waiting to find out exactly what they did get done...lots of encouraging news from Zurich…they are still expecting liquidity today...Lots of chatter that Reno was going to go... [Is this ever going to happen?] It’s always been a when…not an if...the when is really hard to wait for though... I think this is a very hopeful week for us as everything plays out.
10-1-2019 Newshound/Intel Guru Mnt Goat ...I have stated in the past that maybe in September the CBI might issue the new smaller categories if they were to follow the 2012 planned schedule. So it appears to us now they are not strictly following this plan. ...I am beginning to see that they are still moving towards an early Jan 2020 move since their accounting year begins on Jan 1st. We know they have told us through their past attempts to reinstate the dinar that this is the BEST and MOST CONVENIENT time to do so. [post 2 of 2]
10-1-2019 Newshound/Intel Guru Mnt Goat ...Well, well here we are done with September and it’s October already...Yes, the weeks and months are clicking away... They...bash me for justifying this might just go all the way until early January 2020. ...SO, WHERE DO WE SIT RIGHT NOW WITH THE RV? ...We are just waiting on the CBI to launch the smaller of the small category notes. Remember they already launched the 250, 500 and 1000 notes way back in 2003 and in 2011 they told us these notes will REMAIN in circulation as part of the smaller category notes... We are waiting for notes yet even of smaller denominations. [post 1 of 2....stay tuned]
10-1-2019 Newshound Guru Jeff ...looks like the Nasdaq/ISX news was nothing more than a software upgrade...I strongly put an emphasis for you over the weekend that the whole software thing between NASDAQ and ISX was nothing more than a software upgrade and the second item I brought to you was I told you that all the marching and protesting would amount to nothing...so far you guys are seeing that...
10-1-2019 Intel Guru Frank26 ...we're putting everyone on red alert...the lower denoms have been given the approval to be distributed among all the Iraq banks - to the citizens once the rate changes...
10-1-2019 Intel/Newshound Guru sandyf It is totally irrelevant how much currency is held where, the only significant figure is the liability on the CBI that appears in their accounts. At the end of August that figure stood at over 48 trillion dinar and the IMF projection takes that figure to nearly 60 trillion over the next 5 years...
10-1-2019 Newshound Guru Kaperoni I want to point out to critical events between now and the end of the year. One is the vote through Parliament on Special Grades, the other being the 2020 budget which the supposed to include the launching of the market economy. Iraq is at a critical stage right now not only with an abundance of laws that still need to be passed, but they are in dire need to lure private investors in to rebuild. [post 2 of 2]
10-1-2019 Newshound Guru Kaperoni The Iraq government is striving to create a market economy with private investment. Doing so would bring substantial money into the country. This would create inflationary pressure on the financial system, the solution is to float the currency to relieve that pressure. It also would allow the CBI to profit by controlling the currency, buying and selling making commissions. Any kind of RV would circumvent those tools. [post 1 of 2....stay tuned]
10-1-2019 Newshound Guru Jeff [Article: A surprising new forecast for the 2020 budget deficit] ...goes into detail about the 2020 budget...I'm done looking at the year of 19 and I've already advanced into the year of 2020...they're telling you that the 2020 budget should create the conditions to support economic reform, reconstruction activities focused on immediate reforms and implementation of the government program...the government program is...all the government services after the rate change that are gonna be offered to the citizens post rate change to give them a better life...look at what they've linked to the 2020 budget...
10-1-2019 Intel Guru Frank26 ...the 3rd phase has ended pretty much as of today. These are steps that have to be done. I call them phases but the CBI is calling them blocks...I told you there were four phases. I believe we are about to start the 4th phase...the momentum of the monetary reform, it is picking up...IMO these samples/specimens that were given to the bank by the CBI...or lower denoms these are next to be seen by the citizens as part of their education. Then the real small category notes/lower denoms will be put in their hands with a change in the rate...the only step important now is for the citizens...
10-1-2019 Intel Guru MarkZ I am looking for a fantastic day…If news is as good as I expect…..you will be hearing from me again today...Today is the first…..we are waiting to find out exactly what they did get done...lots of encouraging news from Zurich…they are still expecting liquidity today...Lots of chatter that Reno was going to go... [Is this ever going to happen?] It’s always been a when…not an if...the when is really hard to wait for though... I think this is a very hopeful week for us as everything plays out.
10-1-2019 Newshound/Intel Guru Mnt Goat ...I have stated in the past that maybe in September the CBI might issue the new smaller categories if they were to follow the 2012 planned schedule. So it appears to us now they are not strictly following this plan. ...I am beginning to see that they are still moving towards an early Jan 2020 move since their accounting year begins on Jan 1st. We know they have told us through their past attempts to reinstate the dinar that this is the BEST and MOST CONVENIENT time to do so. [post 2 of 2]
10-1-2019 Newshound/Intel Guru Mnt Goat ...Well, well here we are done with September and it’s October already...Yes, the weeks and months are clicking away... They...bash me for justifying this might just go all the way until early January 2020. ...SO, WHERE DO WE SIT RIGHT NOW WITH THE RV? ...We are just waiting on the CBI to launch the smaller of the small category notes. Remember they already launched the 250, 500 and 1000 notes way back in 2003 and in 2011 they told us these notes will REMAIN in circulation as part of the smaller category notes... We are waiting for notes yet even of smaller denominations. [post 1 of 2....stay tuned]
10-1-2019 Newshound Guru Jeff ...looks like the Nasdaq/ISX news was nothing more than a software upgrade...I strongly put an emphasis for you over the weekend that the whole software thing between NASDAQ and ISX was nothing more than a software upgrade and the second item I brought to you was I told you that all the marching and protesting would amount to nothing...so far you guys are seeing that...
10-1-2019 Intel Guru Frank26 ...we're putting everyone on red alert...the lower denoms have been given the approval to be distributed among all the Iraq banks - to the citizens once the rate changes...
9-30-2019 Newshound Guru Kaperoni ...guru Frank26 thinks something has to happen by tomorrow Oct 1st because the new FOREX/ISX agreement goes into effect. Wrong! ...It's a renewal and software agreement. Nothing more.
9-30-2019 Newshound Guru Breitling [Question: I got another email from [broker name redacted] they're currency buy back policy best rate in town ...Do you think this is a good sign for us?] Absolutely. Why would [Broker Name] send out emails trying to buy back your currency at a higher value if the market didn't demand for it? It's just a market demand. So that makes sense right? I'm telling you, people that I talk to that got into the ISX when I first got into investing in the Middle East - They wouldn't touch the dinar. Now they're all trying to get it. They can't buy it at Chase Bank like I did. So they're going out and buying it and making sure that it's all legit. That's where the demand is coming from...I'm very excited and you should be too...
9-30-2019 Intel Guru MarkZ [via PDK] Spoke to a number of Zurich contacts who expect liquidity first thing in the morning…they are convinced this is it...they hear funds are waiting for midnight and the new fiscal year to start…They feel Oct 1st was always the plan...other dates were given to keep everyone guessing… So it does look like a shotgun start. Imo. [Will you come on and tell us if everything starts at midnight.] I absolutely will...as fast as I can. People in Iraq are sick of waiting...they still believe we can go at anytime... we hear they just may try to force it this weekend...
9-30-2019 Intel Guru Frank26 So this huge demonstration starts in Al Sadar city...if they don’t get this done by Oct 1st...IMO they are really going to hear from the citizens. IMO the CBI and the GOI are in cahoots for the introduction of their monetary reform. On Oct. 1st the Nasdaq is waiting for the Iraqi dinar to show up...so they had better be there.
9-30-2019 Newshound Guru Jeff ...what the gurus do...they're sharing their opinion with you based on all the current data that has come from Iraq. But if that data changes I personally will change my mind fast and rapidly. My mind is so tuned in on what they do that I can change my mind at the blink of an eye...that's what you saw me do about a week ago. My mind changed so fast because the factual data changed fast. What that simply means is that the old information that we were studying and looking at is kind of put on the back burner...me personally I'm not focusing on that anymore. I'm looking more at the new stuff because we have a brand new set of facts and data now going forward...
9-30-2019 Newshound Guru Kaperoni The Arab Monetaty Fund is now including Iraq's stock exchange among the 17 financial markets registered within the AMF. Good news and a clear step in the right direction.
9-30-2019 Intel Guru BobTheTaxMan ...we know the CBI has set it up so they are not selling dinar outside the country at this point and time. All of these dealers...are buying dinar internally inside the United States and then reselling it. That's all they have. That's the market. They are limited now. They can't get it anymore. We also know the note count is being reduced. The accessibility to it is just not there. I realize we have not had a physical change in the value...but just take a look at the fact that the accessibility to it has become very limited. Very limited. That means somewhere down the line this thing is going to have value...
9-30-2019 Newshound Guru Breitling [Question: I got another email from [broker name redacted] they're currency buy back policy best rate in town ...Do you think this is a good sign for us?] Absolutely. Why would [Broker Name] send out emails trying to buy back your currency at a higher value if the market didn't demand for it? It's just a market demand. So that makes sense right? I'm telling you, people that I talk to that got into the ISX when I first got into investing in the Middle East - They wouldn't touch the dinar. Now they're all trying to get it. They can't buy it at Chase Bank like I did. So they're going out and buying it and making sure that it's all legit. That's where the demand is coming from...I'm very excited and you should be too...
9-30-2019 Intel Guru MarkZ [via PDK] Spoke to a number of Zurich contacts who expect liquidity first thing in the morning…they are convinced this is it...they hear funds are waiting for midnight and the new fiscal year to start…They feel Oct 1st was always the plan...other dates were given to keep everyone guessing… So it does look like a shotgun start. Imo. [Will you come on and tell us if everything starts at midnight.] I absolutely will...as fast as I can. People in Iraq are sick of waiting...they still believe we can go at anytime... we hear they just may try to force it this weekend...
9-30-2019 Intel Guru Frank26 So this huge demonstration starts in Al Sadar city...if they don’t get this done by Oct 1st...IMO they are really going to hear from the citizens. IMO the CBI and the GOI are in cahoots for the introduction of their monetary reform. On Oct. 1st the Nasdaq is waiting for the Iraqi dinar to show up...so they had better be there.
9-30-2019 Newshound Guru Jeff ...what the gurus do...they're sharing their opinion with you based on all the current data that has come from Iraq. But if that data changes I personally will change my mind fast and rapidly. My mind is so tuned in on what they do that I can change my mind at the blink of an eye...that's what you saw me do about a week ago. My mind changed so fast because the factual data changed fast. What that simply means is that the old information that we were studying and looking at is kind of put on the back burner...me personally I'm not focusing on that anymore. I'm looking more at the new stuff because we have a brand new set of facts and data now going forward...
9-30-2019 Newshound Guru Kaperoni The Arab Monetaty Fund is now including Iraq's stock exchange among the 17 financial markets registered within the AMF. Good news and a clear step in the right direction.
9-30-2019 Intel Guru BobTheTaxMan ...we know the CBI has set it up so they are not selling dinar outside the country at this point and time. All of these dealers...are buying dinar internally inside the United States and then reselling it. That's all they have. That's the market. They are limited now. They can't get it anymore. We also know the note count is being reduced. The accessibility to it is just not there. I realize we have not had a physical change in the value...but just take a look at the fact that the accessibility to it has become very limited. Very limited. That means somewhere down the line this thing is going to have value...
9-29-2019 Newshound Guru Jeff ...Iraq itself is not in charge of the timing of the rate change. External powers are...this is not the first time that they've marched and protested from being unhappy because the government is not fulfilling their promise and obligations to the citizens...over the next few weeks you're gonna see that all this marching and protesting is going to amount to nothing...
9-29-2019 Newshound Guru larrykn I was just reading the imf article iv. that kaps [Guru Kaperoni] is always talking about, I see a lot of things in there that need to get done and what they want to do...one is they want to reduce to zero the money owed to the IOC's (international oil companies) they also want to get rid of the MCP, So here is my ?. If they get rid of the MCP how can they maintain the buying and selling rates when its at 1160...they do the auctions now, using the USD, when that goes away, then what?. also the big issue I see them having was Isis. That seemed to have put a big wrench into the economy. Seems they are working on that now...but so far I have not seen where they are talking about floating a currency gradually. I see them doing other things gradually but so far and I'm still reading I don't see that about currency.
9-29-2019 BobTheTaxMan [Question: Do you think we will need receipts to claim what we have to cash in?] Absolutely not...now, if you were playing the capital gains game, yeah that would matter. But it's not. But we know and I've said it over and over, this is going to be treated as ordinary income... [NOTE: Speak with your tax professional at the appropriate time]
9-29-2019 Newshound Guru Kaperoni There's only two options on the table. Parliament has talked about doing a LOP which is a neutral event and you make no money. But if it goes up after the lop you might double your investment. Or the CBI could follow the directive from the IMF, and Float the currency. Which would allow for a gradual appreciation over several months or even years. In doing so allowing them to reduce the currency in circulation at the same time. But I assure you they'll never be a significant RV. It's just not possible. If you're serious about learning about your investment I would start with reading the IMF Article IV Consultations...
9-29-2019 Newshound/Intel Guru RVAlready ...I expect the protest will come, and Allaq will announce the RV, and everyone will celebrate.
9-29-2019 Intel Guru Frank26 All the articles you are reading today look good…but it’s OLD NEWS...it’s been done , overdone, it’s done. All I am waiting for is for them to announce the lifting of the value of their currency. Whether they announce it or whether they just do it automatically on the CBI website…That’s all I am waiting for, and that’s all my teams are waiting for…nothing else. The evidence out there is too strong to ignore.
9-29-2019 Newshound Guru Breitling ...the best numbers I can come up with and I've said this before, you're talking .51, .52, .53 cents. That makes sense because when you look at the gas [oil?] prices and you look at their budget that they have to maintain and then you look at what markets that they're in to cover all that you need at least .52, .53 cents. Think of it as almost as the same budget as Brazil. Because Brazil's currency is about 1/2 of the United States. I don't know what it is right now but it used to be back in the day [1 Brazilian Real = .24 USD] You can compare the budgets and see what they're doing...
9-29-2019 Newshound Guru larrykn I was just reading the imf article iv. that kaps [Guru Kaperoni] is always talking about, I see a lot of things in there that need to get done and what they want to do...one is they want to reduce to zero the money owed to the IOC's (international oil companies) they also want to get rid of the MCP, So here is my ?. If they get rid of the MCP how can they maintain the buying and selling rates when its at 1160...they do the auctions now, using the USD, when that goes away, then what?. also the big issue I see them having was Isis. That seemed to have put a big wrench into the economy. Seems they are working on that now...but so far I have not seen where they are talking about floating a currency gradually. I see them doing other things gradually but so far and I'm still reading I don't see that about currency.
9-29-2019 BobTheTaxMan [Question: Do you think we will need receipts to claim what we have to cash in?] Absolutely not...now, if you were playing the capital gains game, yeah that would matter. But it's not. But we know and I've said it over and over, this is going to be treated as ordinary income... [NOTE: Speak with your tax professional at the appropriate time]
9-29-2019 Newshound Guru Kaperoni There's only two options on the table. Parliament has talked about doing a LOP which is a neutral event and you make no money. But if it goes up after the lop you might double your investment. Or the CBI could follow the directive from the IMF, and Float the currency. Which would allow for a gradual appreciation over several months or even years. In doing so allowing them to reduce the currency in circulation at the same time. But I assure you they'll never be a significant RV. It's just not possible. If you're serious about learning about your investment I would start with reading the IMF Article IV Consultations...
9-29-2019 Newshound/Intel Guru RVAlready ...I expect the protest will come, and Allaq will announce the RV, and everyone will celebrate.
9-29-2019 Intel Guru Frank26 All the articles you are reading today look good…but it’s OLD NEWS...it’s been done , overdone, it’s done. All I am waiting for is for them to announce the lifting of the value of their currency. Whether they announce it or whether they just do it automatically on the CBI website…That’s all I am waiting for, and that’s all my teams are waiting for…nothing else. The evidence out there is too strong to ignore.
9-29-2019 Newshound Guru Breitling ...the best numbers I can come up with and I've said this before, you're talking .51, .52, .53 cents. That makes sense because when you look at the gas [oil?] prices and you look at their budget that they have to maintain and then you look at what markets that they're in to cover all that you need at least .52, .53 cents. Think of it as almost as the same budget as Brazil. Because Brazil's currency is about 1/2 of the United States. I don't know what it is right now but it used to be back in the day [1 Brazilian Real = .24 USD] You can compare the budgets and see what they're doing...
9-28-2019 Intel Guru Delta ...looks like the demonstration [Scheduled for Tuesday October 1st] is going to be the hugest one ever in Iraq. It's all over social media...they are talking about it like a revolutionary one...you remember what happened with Egypt...revolution. This one might be the same thing...this is very very big. This is no joke around it. They have to do something for those citizens...there might be more than 5, 6 maybe 10 million people all over. Every city every province...this is definitely good for us. Hopefully this will make the government and the Central Bank do something to move forward so the citizens can do something...everything is very sensitive for the government. We know the CBI is ready...they have to move forward before it's too late...
9-28-2019 Newshound Guru Jeff ...Our current status right now...don't forget the numbers that they're discussing for the 2020 budget include monies for Articles 140 and the HCL. This 2020 budget has post rate change monies in it...we're looking good. They're moving forward at the same pace they have throughout this entire year. Continuing to reach agreement. Continue to set the stage. Reaching stability and everything that the CBI is seeking for the rate change. So things are progressing. Looking pretty good...
9-28-2019 Intel Guru Frank26 ...China in fact it's so big. I'll tell you what, this is going to explode the Iraqi dinar. It is so big...I'm serious. What it's going to do to the value of the Iraqi Dinar is amazing...
9-28-2019 Newshound Guru Breitling [Question: You said all along that they want to get the dinar to a buck then after this time maybe more. Do you mean RI at a dollar or RI much lower and have it slowly rise to a dollar?] Not an RI. A "Reinstatement" is a reinstatement of an earlier value. That doesn't mean anything anyways...You went all the way from $3.25 all the way down to a tenth of a penny. So pick a rate...what's the original value? There's no set of rules. They want to REVALUE the currency. They never said they want to reinstate...If there are any articles out there talking about reinstating their currency it never once came from the CBI...They clearly said they'll start off and get it to a buck. Whatever it is, they want to get it to a buck. Don't worry about the "RI".
9-28-2019 Newshound Guru Kaperoni I cannot see any reason the CBI would make a move before the end of the year. Banking reforms still need to be done, laws still need to be passed, investors need to come and set up business and there is a criticle vote Oct 24 on the CBI governor...If we're lucky and Iraq succeeds in launching a market economy around the first of the year, and we see the significant transition built into the budget for 2020, then we should see the Central Bank move off the peg and begin to float the currency next year. But time will tell.
9-28-2019 Newshound Guru chattels Article: "Financial expert Safwan Qusay said that the process of economic reform in Iraq needs to adopt a new approach to combat corruption." Increasingly my thinking is that Iraq just has too many problems for our liquidity event to happen. Lack of security, instability and corruption remain constant companions for Iraq. But, who knows?
9-28-2019 Intel Guru Frank26 ...something happened about three months ago...XE converter...why would you take the rate down of the Iraqi dinar? ...We found two more areas of interest that deal with the Iraqi dinar and they're saying the same thing. So that's three we have. That's a pattern we want to pay attention to ...I think it's because it's the right time to do that...I think this pattern being broken is related to our investment...
9-28-2019 Newshound Guru Kaperoni ...technically we were very close 6-7 years ago under Shabibi...Shabibi clearly prepared, held the dinar within 2% for 14 months or so and announced he was ready to move forward. As well the World Bank launched an extensive campaign on behalf of the CBI to inform citizens. For whatever the reasons, Maliki stopped him. Everyone is aware of that.
9-28-2019 Newshound Guru Jeff ...Our current status right now...don't forget the numbers that they're discussing for the 2020 budget include monies for Articles 140 and the HCL. This 2020 budget has post rate change monies in it...we're looking good. They're moving forward at the same pace they have throughout this entire year. Continuing to reach agreement. Continue to set the stage. Reaching stability and everything that the CBI is seeking for the rate change. So things are progressing. Looking pretty good...
9-28-2019 Intel Guru Frank26 ...China in fact it's so big. I'll tell you what, this is going to explode the Iraqi dinar. It is so big...I'm serious. What it's going to do to the value of the Iraqi Dinar is amazing...
9-28-2019 Newshound Guru Breitling [Question: You said all along that they want to get the dinar to a buck then after this time maybe more. Do you mean RI at a dollar or RI much lower and have it slowly rise to a dollar?] Not an RI. A "Reinstatement" is a reinstatement of an earlier value. That doesn't mean anything anyways...You went all the way from $3.25 all the way down to a tenth of a penny. So pick a rate...what's the original value? There's no set of rules. They want to REVALUE the currency. They never said they want to reinstate...If there are any articles out there talking about reinstating their currency it never once came from the CBI...They clearly said they'll start off and get it to a buck. Whatever it is, they want to get it to a buck. Don't worry about the "RI".
9-28-2019 Newshound Guru Kaperoni I cannot see any reason the CBI would make a move before the end of the year. Banking reforms still need to be done, laws still need to be passed, investors need to come and set up business and there is a criticle vote Oct 24 on the CBI governor...If we're lucky and Iraq succeeds in launching a market economy around the first of the year, and we see the significant transition built into the budget for 2020, then we should see the Central Bank move off the peg and begin to float the currency next year. But time will tell.
9-28-2019 Newshound Guru chattels Article: "Financial expert Safwan Qusay said that the process of economic reform in Iraq needs to adopt a new approach to combat corruption." Increasingly my thinking is that Iraq just has too many problems for our liquidity event to happen. Lack of security, instability and corruption remain constant companions for Iraq. But, who knows?
9-28-2019 Intel Guru Frank26 ...something happened about three months ago...XE converter...why would you take the rate down of the Iraqi dinar? ...We found two more areas of interest that deal with the Iraqi dinar and they're saying the same thing. So that's three we have. That's a pattern we want to pay attention to ...I think it's because it's the right time to do that...I think this pattern being broken is related to our investment...
9-28-2019 Newshound Guru Kaperoni ...technically we were very close 6-7 years ago under Shabibi...Shabibi clearly prepared, held the dinar within 2% for 14 months or so and announced he was ready to move forward. As well the World Bank launched an extensive campaign on behalf of the CBI to inform citizens. For whatever the reasons, Maliki stopped him. Everyone is aware of that.
9-27-2019 Newshound Guru Kaperoni ...everyone should pay attention on Oct 24th. Parliament is set to vote on Special Grades. This is critical because the Governor of the CBI is at risk. If Parliament chooses to replace Allaq it could be a major setback. Some think otherwise..time will tell.
9-27-2019 Intel Guru Frank26 ...on [Iraqi] television and electronic billboards they're telling the citizens the ISX is about to allow the country of Iraq and its citizens to enter the international global market for trade...companies right now are pouring in...they are about to tell us they are Article VIII...NASDAQ signed a contract with the ISX to start selling internationally on October 1st...
9-27-2019 Intel Guru MarkZ [via PDK] As we understand it we almost had the trigger pulled yesterday…we have great expectation for today and tomorrow. Everything points to “soon” . I hate that word, by the way. The word “soon” seemed to mean “eternity” in Dinarland…lol
9-27-2019 Newshound Guru Kaperoni Hopefully the CBI will follow the guidance of the IMF. And I believe they will and are creating the conditions for a market economy to create pressure on the financial system allowing the currency to appreciate be a float. We certainly have seen a lot of effort the last several months by the Iraqi government to line up investment to create a private sector as well as rebuild the infrastructure. Iraq has clearly stated they need $80 billion dollars to accomplish this.
9-27-2019 Intel Guru RayRen98 NEW BANK SOURCES HAVE OPENED UP TO ME...AND BOY, ARE THEY EXCITED ABOUT BEING ASSIGNED TO "EXCHANGE LOCATION CENTERS"...TODAY! SOME 'OLD' BANK SOURCES REPORTED HAVING TO REPORT TO "EXCHANGE LOCATION CENTERS" THIS MORNING...BEFORE OPENING HOURS! BEING TOLD..."AS SOON AS THE SCREENS REAPPEAR...IT'S PARTY TIME!" (IF I DISAPPEAR ALL OF A SUDDEN...HA HA HA) HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME. PAY ATTENTION...OR BE WILLING TO PAY THE PRICE!!
9-27-2019 Intel Guru Frank26 ...I don't like to talk about politics [but]...If you get rid of President Trump you don't have an RI in Iraq. Everything is in my opinion. But in my opinion that is a fact...
9-27-2019 Newshound/Intel Guru Mnt Goat We are just waiting for the CBI to make its next move. Bank memos or news is all insignificant if the CBI does not act...Don’t you think we will see any changes first in Iraq and report on them long before the news hits the US banks? There is no conspiracy here. No secrets. The banks don’t know and will not know before any more than we know.
9-27-2019 Intel Guru Frank26 "Firefly77 Report: On Iraqi TV today the CBI is saying to us, the citizens...that they have unified all databases with the Kurdistan area with Baghdad. The main branch of the Central Bank of Iraq and NEX.(?) They will be working on Musol, and they are talking about the importance of being able to do transactions now in real time with this database... It’s all linked up." Do you know what they are talking about? Do you understand why the CBI is telling the citizens that all banks now have the same database? Because they are international now and they are under Article 8 . And they are about to tell the world by simply changing it…that they have a new exchange rate. It doesn’t have to be a big announcement. When the media finds out, they are going to take it and run with it.
9-27-2019 Intel Guru Frank26 ...on [Iraqi] television and electronic billboards they're telling the citizens the ISX is about to allow the country of Iraq and its citizens to enter the international global market for trade...companies right now are pouring in...they are about to tell us they are Article VIII...NASDAQ signed a contract with the ISX to start selling internationally on October 1st...
9-27-2019 Intel Guru MarkZ [via PDK] As we understand it we almost had the trigger pulled yesterday…we have great expectation for today and tomorrow. Everything points to “soon” . I hate that word, by the way. The word “soon” seemed to mean “eternity” in Dinarland…lol
9-27-2019 Newshound Guru Kaperoni Hopefully the CBI will follow the guidance of the IMF. And I believe they will and are creating the conditions for a market economy to create pressure on the financial system allowing the currency to appreciate be a float. We certainly have seen a lot of effort the last several months by the Iraqi government to line up investment to create a private sector as well as rebuild the infrastructure. Iraq has clearly stated they need $80 billion dollars to accomplish this.
9-27-2019 Intel Guru RayRen98 NEW BANK SOURCES HAVE OPENED UP TO ME...AND BOY, ARE THEY EXCITED ABOUT BEING ASSIGNED TO "EXCHANGE LOCATION CENTERS"...TODAY! SOME 'OLD' BANK SOURCES REPORTED HAVING TO REPORT TO "EXCHANGE LOCATION CENTERS" THIS MORNING...BEFORE OPENING HOURS! BEING TOLD..."AS SOON AS THE SCREENS REAPPEAR...IT'S PARTY TIME!" (IF I DISAPPEAR ALL OF A SUDDEN...HA HA HA) HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME. PAY ATTENTION...OR BE WILLING TO PAY THE PRICE!!
9-27-2019 Intel Guru Frank26 ...I don't like to talk about politics [but]...If you get rid of President Trump you don't have an RI in Iraq. Everything is in my opinion. But in my opinion that is a fact...
9-27-2019 Newshound/Intel Guru Mnt Goat We are just waiting for the CBI to make its next move. Bank memos or news is all insignificant if the CBI does not act...Don’t you think we will see any changes first in Iraq and report on them long before the news hits the US banks? There is no conspiracy here. No secrets. The banks don’t know and will not know before any more than we know.
9-27-2019 Intel Guru Frank26 "Firefly77 Report: On Iraqi TV today the CBI is saying to us, the citizens...that they have unified all databases with the Kurdistan area with Baghdad. The main branch of the Central Bank of Iraq and NEX.(?) They will be working on Musol, and they are talking about the importance of being able to do transactions now in real time with this database... It’s all linked up." Do you know what they are talking about? Do you understand why the CBI is telling the citizens that all banks now have the same database? Because they are international now and they are under Article 8 . And they are about to tell the world by simply changing it…that they have a new exchange rate. It doesn’t have to be a big announcement. When the media finds out, they are going to take it and run with it.
9-26-2019 Newshound Guru Bloodloch ...As far as how I still believe it will happen, some are right on the money. The slow climb of 1090 to 1 up to 1 to 1 isn't likely to occur since speculators will exert buying pressure and the secondary market would get overheated very quickly. Yet, to say that 40 trillion in IQD is suddenly worth 40 trillion USD on the foreign (or domestic) exchange can't happen either. Even the US only possesses about a 3.3 trillion USD money supply (M0) of late. The truth, I believe, will be a happy medium between the extremes of an overnight revaluation on the one hand, and a long-term crawl on the other, to find its true, happy equilibrium.
9-26-2019 Newshound Guru Jeff ...they turned around yesterday and told you that starting in February they're gonna put these financial steps and measures in place that helps reduce the funding and financing for terrorism and money laundering. They're doing it in February...that tells me they're setting the stage most likely for March because they're putting these types of steps and measures in place in February. So what I'm suggesting to you is forget about January and February for the rate change. Move your eyes after February...
9-26-2019 Newshound Guru Kaperoni ...there are at least 10 articles in the last 2 years that say that the CBI needs to float the currency...whether you believe it or not they will float the currency because that is the tool that they need if they want investment in the country. If they don't want any outside investment they don't need to float. But they expect a ...billion dollars over the next 12 to 16 months to come into Iraq that will cause inflationary pressure on their financial system...there is no ifs ands or buts about it. If that money comes in they will have significant inflationary pressure and the tool for that is to float.
9-26-2019 Intel Guru Eagleone2025 [via PDK] THERE HAS BEEN A LOT OF TROUBLE IN BRINGING THIS TOGETHER. …BEEN ON THE PHONE WITH SEVERAL SOURCES. WE KNOW THAT WE ARE VERY CLOSE. THE RELEASE IS VERY NEAR. IT HAS BEEN A LONG JOURNEY.
9-26-2019 Intel Guru MarkZ [via PDK] Zurich and one UK contact are expecting fireworks at anytime today. [Any news from Iraq?] My last update was Tuesday night...as of then there was no new rate. [Iraq IXE supposed joining in the NASDEq on Oct 1st. Heard they have to be 1/1 at least 1 to 1 or higher rate before they can be on International Stock Exchange. What do you think?] and they have to be in Article 8. I am the most excited I have been in a long time…
9-26-2019 Newshound/Intel Guru Mnt Goat A “lop” is a technical term not slang. It is a IMF currency manipulation tool they use in times of hyper-inflation. ...Iraq is controlling their inflation and keeping it at bay to + or – 2%. If they were not doing this none of this second phase of the process to delete the zeros would even be taking place in the first place. ...They must maintain the MCP to this 2% criteria in order to move forward and operate under Article 8 of the IMF UN Charter for member nations. Iraq is a member. So again how anyone can call this a “lop” I don’t know. It does not even come close to the use of the IMF term...
9-26-2019 Intel Guru Frank26 Breaking news IMO...The White House of the United States of America put this out [video with Trump and the president of Iraq]...The White House wants us to know, American citizens and the whole world to know the White House is finally talking about Iraq and this timing is perfect...I believe the White House wants everyone to know where we're at with Iraq...timing is everything...it's week number 4 in September...
9-26-2019 Intel Guru RayRen98 BANK CONTACTS ARE SAYING "NOW THROUGH SATURDAY" .... TIME WILL TELL!
9-26-2019 Newshound Guru Kaperoni ...I am 100% positive of what I say because the IMF clearly said it...if it's in print in the IMF document its 100% fact...And if you don't believe the IMF has control over the CBI and only can influence them you're wrong because in 2015 they became trustee of the CBI which has given them authority to implement monetary policy. And we have since seen such action.
9-26-2019 Newshound Guru Jeff ...they turned around yesterday and told you that starting in February they're gonna put these financial steps and measures in place that helps reduce the funding and financing for terrorism and money laundering. They're doing it in February...that tells me they're setting the stage most likely for March because they're putting these types of steps and measures in place in February. So what I'm suggesting to you is forget about January and February for the rate change. Move your eyes after February...
9-26-2019 Newshound Guru Kaperoni ...there are at least 10 articles in the last 2 years that say that the CBI needs to float the currency...whether you believe it or not they will float the currency because that is the tool that they need if they want investment in the country. If they don't want any outside investment they don't need to float. But they expect a ...billion dollars over the next 12 to 16 months to come into Iraq that will cause inflationary pressure on their financial system...there is no ifs ands or buts about it. If that money comes in they will have significant inflationary pressure and the tool for that is to float.
9-26-2019 Intel Guru Eagleone2025 [via PDK] THERE HAS BEEN A LOT OF TROUBLE IN BRINGING THIS TOGETHER. …BEEN ON THE PHONE WITH SEVERAL SOURCES. WE KNOW THAT WE ARE VERY CLOSE. THE RELEASE IS VERY NEAR. IT HAS BEEN A LONG JOURNEY.
9-26-2019 Intel Guru MarkZ [via PDK] Zurich and one UK contact are expecting fireworks at anytime today. [Any news from Iraq?] My last update was Tuesday night...as of then there was no new rate. [Iraq IXE supposed joining in the NASDEq on Oct 1st. Heard they have to be 1/1 at least 1 to 1 or higher rate before they can be on International Stock Exchange. What do you think?] and they have to be in Article 8. I am the most excited I have been in a long time…
9-26-2019 Newshound/Intel Guru Mnt Goat A “lop” is a technical term not slang. It is a IMF currency manipulation tool they use in times of hyper-inflation. ...Iraq is controlling their inflation and keeping it at bay to + or – 2%. If they were not doing this none of this second phase of the process to delete the zeros would even be taking place in the first place. ...They must maintain the MCP to this 2% criteria in order to move forward and operate under Article 8 of the IMF UN Charter for member nations. Iraq is a member. So again how anyone can call this a “lop” I don’t know. It does not even come close to the use of the IMF term...
9-26-2019 Intel Guru Frank26 Breaking news IMO...The White House of the United States of America put this out [video with Trump and the president of Iraq]...The White House wants us to know, American citizens and the whole world to know the White House is finally talking about Iraq and this timing is perfect...I believe the White House wants everyone to know where we're at with Iraq...timing is everything...it's week number 4 in September...
9-26-2019 Intel Guru RayRen98 BANK CONTACTS ARE SAYING "NOW THROUGH SATURDAY" .... TIME WILL TELL!
9-26-2019 Newshound Guru Kaperoni ...I am 100% positive of what I say because the IMF clearly said it...if it's in print in the IMF document its 100% fact...And if you don't believe the IMF has control over the CBI and only can influence them you're wrong because in 2015 they became trustee of the CBI which has given them authority to implement monetary policy. And we have since seen such action.
9-25-2019 Newshound Guru Adam Montana The amount of the agreements amounts to some $500 billion (on the surface). Is this China investing in a poor, tattered, and hopeless nation? Or is it China investing in a resource rich and soon to be powerful ally? Quote: "China, according to the recent agreements will be one of the largest importers of Iraqi oil, and today imports up to 800 thousand barrels of oil per day from Iraq and I expect to rise to one million next year." ...The multi-million dinar question at this point may be as simple as this: "If China invests 500 billion into Iraq, does Iraq want to pay it back in Pre or Post RV dinars?"... [post 2 of 2]
9-25-2019 Newshound Guru Adam Montana For some time now I have personally had my eye on Iraq's dealings with other countries, much like many of you have. When it was announced that Iraqi officials were making a special trip to China for some specialized talks, it really perked me up! ...Since then, the China news has just gotten hotter and hotter! Of course none of us knows exactly how this is going to shake out, but it's undeniable that some major movements are taking place... [post 1 of 2....stay tuned]
9-25-2019 Newshound Guru Jeff ...Iraq is back to being as busy as can be right now. Basically what this is telling me is they need the remainder of this entire year of 2019 to finish setting the stage for the rate change... they're gonna need the remainder of this year to do it. Regarding the Education Minister, IMO, they will not even finish that until next year probably around Q1 of next year...so you might as well direct your focus to 2020.
9-25-2019 Intel Guru MarkZ [What are you hearing on the dong rate?] I hear it will roll out over there at about .47 but our contract rates will put it in the low $2.00 range. [How long do you think we will have to exchange?] We are hearing we will have 45 days to do our exchanges and 45 days to finish... We hear they want to make sure they have plenty of time to exchange. [Are we going to the banks this week?] Wish I could say yes for sure...IMO we will...but that’s just an opinion.
[post 2 of 2]
9-25-2019 Intel Guru MarkZ [via PDK] We are watching this thing roll out in an amazing way IMO. We are hearing that audits in the US caused a slight stall but we are still in an anytime mode. I have nothing negative to say... I would not be surprised to get a call at anytime saying here is your 800 numbers...go …Still hearing the dinar street rate will be about $3.91 with our contract rate a few dollars higher in the US. [post 1 of 2....stay tuned]
9-25-2019 Intel Guru Frank26 ...the CBI laid out step-by-step-by-step of what they were going to do with monetary reform...they called them phases. There's three phases they said. Phase II according to our firefly came to an end Saturday. Phase III is about to commence...We are in the 4th week of September that's phase III. What happened yesterday started Phase III pretty much. Yesterday the CBI told the citizens, 'look, we plastered out everywhere - you need to be ready...'
9-25-2019 Newshound/Intel Guru Mnt Goat ...these older 3 zero notes will “coincide” with the new smaller category notes. They will NOT be worthless even at a change to the program rate. Heck, even now they are not worthless. This is a bonified currency. As investors this first step does not mean much to us but does tell us there is no turning back unless they suddenly have massive inflation as a result of it. They probably won’t. So there will be waiting period to check for the inflation. My CBI contact told me it could be 3 days, 3 weeks or 3 months. Who knows until they do the program rate change. [post 2 of 2]
9-25-2019 Newshound/Intel Guru Mnt Goat Okay so let me go over this stage of the process to delete the zeros once more time... If the CBI program rate is .00083 then after they delete the zeros it will be .83 or 83 cents. They plan to first do this next step prior to the reinstatement. ...The new smaller category note of 25 will equal the same rate as the 25,000 was. So 25 dinar note x .83 = $20.75 in USD. Now after this CBI program rate changes, Iraqi citizens can then take their 25,000 notes to the bank and turn them in. They will be worth 25,000 x .83 = $20,750.00 in USD. [post 1 of 2....stay tuned]
9-25-2019 Newshound Guru Adam Montana For some time now I have personally had my eye on Iraq's dealings with other countries, much like many of you have. When it was announced that Iraqi officials were making a special trip to China for some specialized talks, it really perked me up! ...Since then, the China news has just gotten hotter and hotter! Of course none of us knows exactly how this is going to shake out, but it's undeniable that some major movements are taking place... [post 1 of 2....stay tuned]
9-25-2019 Newshound Guru Jeff ...Iraq is back to being as busy as can be right now. Basically what this is telling me is they need the remainder of this entire year of 2019 to finish setting the stage for the rate change... they're gonna need the remainder of this year to do it. Regarding the Education Minister, IMO, they will not even finish that until next year probably around Q1 of next year...so you might as well direct your focus to 2020.
9-25-2019 Intel Guru MarkZ [What are you hearing on the dong rate?] I hear it will roll out over there at about .47 but our contract rates will put it in the low $2.00 range. [How long do you think we will have to exchange?] We are hearing we will have 45 days to do our exchanges and 45 days to finish... We hear they want to make sure they have plenty of time to exchange. [Are we going to the banks this week?] Wish I could say yes for sure...IMO we will...but that’s just an opinion.
[post 2 of 2]
9-25-2019 Intel Guru MarkZ [via PDK] We are watching this thing roll out in an amazing way IMO. We are hearing that audits in the US caused a slight stall but we are still in an anytime mode. I have nothing negative to say... I would not be surprised to get a call at anytime saying here is your 800 numbers...go …Still hearing the dinar street rate will be about $3.91 with our contract rate a few dollars higher in the US. [post 1 of 2....stay tuned]
9-25-2019 Intel Guru Frank26 ...the CBI laid out step-by-step-by-step of what they were going to do with monetary reform...they called them phases. There's three phases they said. Phase II according to our firefly came to an end Saturday. Phase III is about to commence...We are in the 4th week of September that's phase III. What happened yesterday started Phase III pretty much. Yesterday the CBI told the citizens, 'look, we plastered out everywhere - you need to be ready...'
9-25-2019 Newshound/Intel Guru Mnt Goat ...these older 3 zero notes will “coincide” with the new smaller category notes. They will NOT be worthless even at a change to the program rate. Heck, even now they are not worthless. This is a bonified currency. As investors this first step does not mean much to us but does tell us there is no turning back unless they suddenly have massive inflation as a result of it. They probably won’t. So there will be waiting period to check for the inflation. My CBI contact told me it could be 3 days, 3 weeks or 3 months. Who knows until they do the program rate change. [post 2 of 2]
9-25-2019 Newshound/Intel Guru Mnt Goat Okay so let me go over this stage of the process to delete the zeros once more time... If the CBI program rate is .00083 then after they delete the zeros it will be .83 or 83 cents. They plan to first do this next step prior to the reinstatement. ...The new smaller category note of 25 will equal the same rate as the 25,000 was. So 25 dinar note x .83 = $20.75 in USD. Now after this CBI program rate changes, Iraqi citizens can then take their 25,000 notes to the bank and turn them in. They will be worth 25,000 x .83 = $20,750.00 in USD. [post 1 of 2....stay tuned]
9-24-2019 Newshound Guru Kaperoni [So Parliament can go against the CBI and do that?] no...if the CBI wants to remove the zeros...LOP...they need Parliament approval to do so because it affects the entire country including globally. It is the same thing when you see other laws being passed in Iraq when the government comes forward and says Parliament needs to approve because it's significant, it affects the country a law is required to LOP. But I'm not saying they're going to LOP I'm saying that that is an option but a significant RV is not an option. You can also go look at any other countries including Middle East countries when they remove the zeros from the notes...LOP. They also had to pass a law to do so. [post 2 of 2]
9-24-2019 Newshound Guru Kaperoni If you knew anything about Iraq you would know the CBI is independent. To some degree monetary policy is the responsibility of the CBI. But that being said if there were going to remove the zeros off of the notes it would require Parliament approval ...in other words if they're going to LOP... Parliament would have to approve or pass a law. That is what these articles are talking about otherwise there would be no need if they were going to RV...the CBI simply could do it on its own. [post 1 of 2....stay tuned]
9-24-2019 Intel Guru Frank26 ...by the CBI's note count, what they needed in the market for the redenomination/revaluation...is already in circulation in Iraq's markets. Therefore a freeze of these 250, 500 and 1000 was imposed. The number of these denominations and value are where they need to be for the RD/RV and for the introduction of the new small category notes...In other words...we are ready to launch this sucker!
9-24-2019 Intel Guru MarkZ [via PDK] I got an update from Isaac...in Zurich...tomorrow should be the day... I also have 2 other Europe contacts that expect full blown funding tomorrow morning. My contact who works on power plants and infrastructure in Iraq says no new rate as of yet...I am hearing ...that we should be moving by tomorrow...I heard that Dinar was in the $3.90 to $4 range street rate with the contract rate being a couple dollars higher possibly...for the Dong I am still hearing from .47 to $2.25...
9-24-2019 Newshound Guru Adam Montana Article: "China Energy Corporation: ready to rebuild infrastructure in Iraq " China. Iraqi infrastructure. This is getting hotter by the minute.
9-24-2019 Newshound Guru Vital Brad ...the XE converter that I check in all my videos. I did the exact same process and they've changed their format...in a process that appears it's getting ready so that you can actually exchange and use the Iraq currency like the other currencies on their site...It's got mid-market rates. Live rate. 1 USD = 1191. There's a transfer fee. But then right now it says, "Unfortunately we are not able to provide online money transfers from USD to IQD at this time." I've never see that before. That's an exciting change...
9-24-2019 Newshound Guru Jeff ...I'm no longer looking at September. I'm looking ahead past September...yesterday an article came out saying that they're gonna replace current smaller categories in circulation. The 250s, the 500s, the 1000 denoms...has nothing to do with the rate change...the ones currently in circulation are getting worn out...If Iraq had intentions or planned to change the rate during the year 2019 do you still think they would be replacing the notes...? From my own opinion that could suggest to me that they might not have intentions of changing the rate during the year of 2019. That might suggest they have intentions of doing it during the year 2020...I'm gonna bring you everything...this isn't good or bad. This is the reality with this investment...we have to set our emotions aside in this...if we can't set our emotions aside we probably shouldn't be in this.
9-24-2019 Intel Guru Frank26 ...IMO In this phase, since the education phase 2 is over, this phase is now to send to these banks the new small category notes. To teach them about these new small category notes. Ain't no body seen them...I think this is in process right now or it's been complete or it's about to start and I believe once that's done (it's only a one day class) that information is going to trickle down from the CBI to the bank echelon, to bank management, to tellers, and to the citizens...
9-24-2019 Intel Guru MarkZ [Do we need to have an announcement of the Gold standard before we see the reset?] I would expect an RV/reset first then an announcement on the Gold Standard/asset backed currency a couple of days later...imo.
9-24-2019 Intel/Newshound Guru sandyf ...There is a lot of confusion over co-existence. Initially dual pricing will come into effect where both currencies are accepted in retail outlets. This will only happen for so long, possibly about a year. thereafter the old currency can only be exchanged at designated banks, that is where the 10 years would come in. Internationally it is a different ball game all together. A country can only have one national currency and international banks will only exchange the national currency. The day a redenomination takes place the IQD will no longer be the national currency. As I have said before as far as redenomination goes, Iraq faces an extremely complex problem with regards to the amount of currency outside the country, something that no other country that has redenominated has had to deal with.
9-24-2019 Newshound Guru Kaperoni If you knew anything about Iraq you would know the CBI is independent. To some degree monetary policy is the responsibility of the CBI. But that being said if there were going to remove the zeros off of the notes it would require Parliament approval ...in other words if they're going to LOP... Parliament would have to approve or pass a law. That is what these articles are talking about otherwise there would be no need if they were going to RV...the CBI simply could do it on its own. [post 1 of 2....stay tuned]
9-24-2019 Intel Guru Frank26 ...by the CBI's note count, what they needed in the market for the redenomination/revaluation...is already in circulation in Iraq's markets. Therefore a freeze of these 250, 500 and 1000 was imposed. The number of these denominations and value are where they need to be for the RD/RV and for the introduction of the new small category notes...In other words...we are ready to launch this sucker!
9-24-2019 Intel Guru MarkZ [via PDK] I got an update from Isaac...in Zurich...tomorrow should be the day... I also have 2 other Europe contacts that expect full blown funding tomorrow morning. My contact who works on power plants and infrastructure in Iraq says no new rate as of yet...I am hearing ...that we should be moving by tomorrow...I heard that Dinar was in the $3.90 to $4 range street rate with the contract rate being a couple dollars higher possibly...for the Dong I am still hearing from .47 to $2.25...
9-24-2019 Newshound Guru Adam Montana Article: "China Energy Corporation: ready to rebuild infrastructure in Iraq " China. Iraqi infrastructure. This is getting hotter by the minute.
9-24-2019 Newshound Guru Vital Brad ...the XE converter that I check in all my videos. I did the exact same process and they've changed their format...in a process that appears it's getting ready so that you can actually exchange and use the Iraq currency like the other currencies on their site...It's got mid-market rates. Live rate. 1 USD = 1191. There's a transfer fee. But then right now it says, "Unfortunately we are not able to provide online money transfers from USD to IQD at this time." I've never see that before. That's an exciting change...
9-24-2019 Newshound Guru Jeff ...I'm no longer looking at September. I'm looking ahead past September...yesterday an article came out saying that they're gonna replace current smaller categories in circulation. The 250s, the 500s, the 1000 denoms...has nothing to do with the rate change...the ones currently in circulation are getting worn out...If Iraq had intentions or planned to change the rate during the year 2019 do you still think they would be replacing the notes...? From my own opinion that could suggest to me that they might not have intentions of changing the rate during the year of 2019. That might suggest they have intentions of doing it during the year 2020...I'm gonna bring you everything...this isn't good or bad. This is the reality with this investment...we have to set our emotions aside in this...if we can't set our emotions aside we probably shouldn't be in this.
9-24-2019 Intel Guru Frank26 ...IMO In this phase, since the education phase 2 is over, this phase is now to send to these banks the new small category notes. To teach them about these new small category notes. Ain't no body seen them...I think this is in process right now or it's been complete or it's about to start and I believe once that's done (it's only a one day class) that information is going to trickle down from the CBI to the bank echelon, to bank management, to tellers, and to the citizens...
9-24-2019 Intel Guru MarkZ [Do we need to have an announcement of the Gold standard before we see the reset?] I would expect an RV/reset first then an announcement on the Gold Standard/asset backed currency a couple of days later...imo.
9-24-2019 Intel/Newshound Guru sandyf ...There is a lot of confusion over co-existence. Initially dual pricing will come into effect where both currencies are accepted in retail outlets. This will only happen for so long, possibly about a year. thereafter the old currency can only be exchanged at designated banks, that is where the 10 years would come in. Internationally it is a different ball game all together. A country can only have one national currency and international banks will only exchange the national currency. The day a redenomination takes place the IQD will no longer be the national currency. As I have said before as far as redenomination goes, Iraq faces an extremely complex problem with regards to the amount of currency outside the country, something that no other country that has redenominated has had to deal with.
9-23-2019 Newshound Guru Adam Montana ...I have seen a major opportunity in the value of the Iraqi Dinar for a long time. Many of you do as well. As a community we have weathered a lot of delays, but that doesn’t take away from the potential. The Dinar is going to raise in value. It’s simply a matter of “when” and “how much”.
9-23-2019 Intel Guru Frank26 ...What Iraq is doing is introducing a new small category note to replace the old three zero notes because those three zero notes are going to become as extinct as a brontosaurus. They'll eventually fade away...you can not use the three zero notes with the new rate that they're going to introduce...
9-23-2019 Intel Guru BobTheTaxMan ...people ask me all the time what is the best way to be able to deal with this event [the dinar rv] in the very near future?...The primary thing I want everyone to understand is the taxation on this particular currency...falls under specific regulations that is separate from ordinary investment returns...this particular currency is being handled and looked at as a non-compliant exotic situation. Therefore it doesn't get to have the tributes that are required to have to make it a long term capital gain. So anyone who is still caught up in that particular idea that this is going to be treated this way needs to understand it's not... [NOTE: Speak to your tax professional at the appropriate time!]
9-23-2019 Intel Guru MarkZ As of yesterday there was no new value in Iraq yet. No update from Isaac is Zurich for over a week…I really hope he was paid and is under a NDA. My contacts at the redemption centers did not work last weekend. There is a rumor that new 800 numbers went to key people over the weekend but I did not get one…so have no idea. I hear US Marshalls will ring the closing bell today at the NYSE...Melania ringing the opening bell and US Marshalls ringing the closing bell could be a sign……let’s hope it is...
9-23-2019 Newshound Guru Adam Montana Iraq is meeting with China this week, and China may be stepping in to develop some infrastructure in Iraq...Seriously - China building roads or other essential things in Iraq...it's just the tip of the iceberg. It's a tiny piece of the complex picture that makes it possible for Iraq to increase the value of their currency...This China thing could be a MAJOR jump ahead for Iraq if it’s done right. ...China isn’t new to this game. Neither is Iraq...Iraq also has a neat position in the world, and I think we all know what that is. And now I hope you can understand how they could easily use China to help them focus on their true assets, and make some major moves forward...This could all be happening in the next week or so. It’s going to happen quickly when it does...
9-23-2019 Newshound Guru Jeff ...Iraq just shifted gears on you...they have to have a permanent completed formed government without proxy positions...the Education Minister has to be voted in and then as of this morning the news is telling you that "temporary" does not mean "stability". They have to get rid of the temporary proxy positions during the month of October...basically they're telling you they have a drop dead date of October 24th...this throws a curve-ball into things...
9-23-2019 Intel Guru Frank26 ...What Iraq is doing is introducing a new small category note to replace the old three zero notes because those three zero notes are going to become as extinct as a brontosaurus. They'll eventually fade away...you can not use the three zero notes with the new rate that they're going to introduce...
9-23-2019 Intel Guru BobTheTaxMan ...people ask me all the time what is the best way to be able to deal with this event [the dinar rv] in the very near future?...The primary thing I want everyone to understand is the taxation on this particular currency...falls under specific regulations that is separate from ordinary investment returns...this particular currency is being handled and looked at as a non-compliant exotic situation. Therefore it doesn't get to have the tributes that are required to have to make it a long term capital gain. So anyone who is still caught up in that particular idea that this is going to be treated this way needs to understand it's not... [NOTE: Speak to your tax professional at the appropriate time!]
9-23-2019 Intel Guru MarkZ As of yesterday there was no new value in Iraq yet. No update from Isaac is Zurich for over a week…I really hope he was paid and is under a NDA. My contacts at the redemption centers did not work last weekend. There is a rumor that new 800 numbers went to key people over the weekend but I did not get one…so have no idea. I hear US Marshalls will ring the closing bell today at the NYSE...Melania ringing the opening bell and US Marshalls ringing the closing bell could be a sign……let’s hope it is...
9-23-2019 Newshound Guru Adam Montana Iraq is meeting with China this week, and China may be stepping in to develop some infrastructure in Iraq...Seriously - China building roads or other essential things in Iraq...it's just the tip of the iceberg. It's a tiny piece of the complex picture that makes it possible for Iraq to increase the value of their currency...This China thing could be a MAJOR jump ahead for Iraq if it’s done right. ...China isn’t new to this game. Neither is Iraq...Iraq also has a neat position in the world, and I think we all know what that is. And now I hope you can understand how they could easily use China to help them focus on their true assets, and make some major moves forward...This could all be happening in the next week or so. It’s going to happen quickly when it does...
9-23-2019 Newshound Guru Jeff ...Iraq just shifted gears on you...they have to have a permanent completed formed government without proxy positions...the Education Minister has to be voted in and then as of this morning the news is telling you that "temporary" does not mean "stability". They have to get rid of the temporary proxy positions during the month of October...basically they're telling you they have a drop dead date of October 24th...this throws a curve-ball into things...
9-22-2019 Intel Guru RayRen98 Even though it's Sunday and MOST banks are closed up tight today...Some exchangers did report to their respective exchange center locations and have been working "on location" for seven straight days now, hmmmmmm? A bank in Virginia was reported having a full parking lot and armed security officers escorting people to their cars as they exited the bank. Say What?
9-22-2019 Intel/Newshound Guru sandyf "Five Trillion Dinars in Circulation Now, Tlar Saleh" People really need to understand the difference between currency in circulation and currency circulated. The CBI accounts show an amount in respect of their liability for currency in circulation which includes all currency such as bank deposits and out of the country. The article is referring to circulated currency, do people really think that currency in bank accounts and out of Iraq gets worn out and damaged and in need of replacement. As for the auctions, just part of the circulation mechanism. One of the methods used to convert the USD income revenue into dinar to fund the budget. The 2019 budget was around 130 Trillion dinar, where does the money come from if not from converting USD to dinar.
9-22-2019 Newshound Guru Adam Montana [Will the Dinar come out around .01 cent to.10 cents to the USD, then float from there?] I think I've heard people suggest 10 cents to the dollar...I'll dig around and see if I can find a source...
9-22-2019 Newshound/Intel Guru Mnt Goat Article: "MOHAMMED SALEH: THE DEFICITS IN THE BUDGET HYPOTHETICAL, AND THAT THE FINANCIAL SITUATION OF IRAQ IS REASSURING AND DOES NOT THREATEN FINANCIAL SUSTAINABILITY" Quote: "the reserve of the central bank along with the reserve of the government amounted to 87 billion dollars, and this is very positive gives a great resilience to the state in the most difficult circumstances." So the TRUTH will set you FREE. No real deficit and plenty of money to re-mint the needed coins. But we know from 2012 there are already plenty of coins to launch to begin the process anyhow. How was DR shabibi going to do this in September of 2012 anyhow if there was no coins already minted? ...Remember there is opposition to changing the currency and some are happy with the current level of corruption. Why? Because they are in on the take.
9-22-2019 Newshound Guru Kaperoni ...The CBI publishes a quarterly report showing how much dinar, the IMF publishes a yearly report. And several news articles over the years have come out and told as well how much dinar is in circulation. All three of those add up to a pretty factual statement that 42 + trillion exists. And again nobody has proven once that that amount is wrong. Even if the 42 + trillion was wrong and it was say 10 trillion it's still too much money for Iraq to ever significantly RV. No country can support 1 trillion in currency let alone 42. ...they'll never significantly RV it's not possible...they could Lop or do what the IMF proposed which is float and in my opinion is the most likely due to the fact that they are working behind the scenes to create a market economy to create the conditions for a float.
9-22-2019 Intel/Newshound Guru sandyf "Five Trillion Dinars in Circulation Now, Tlar Saleh" People really need to understand the difference between currency in circulation and currency circulated. The CBI accounts show an amount in respect of their liability for currency in circulation which includes all currency such as bank deposits and out of the country. The article is referring to circulated currency, do people really think that currency in bank accounts and out of Iraq gets worn out and damaged and in need of replacement. As for the auctions, just part of the circulation mechanism. One of the methods used to convert the USD income revenue into dinar to fund the budget. The 2019 budget was around 130 Trillion dinar, where does the money come from if not from converting USD to dinar.
9-22-2019 Newshound Guru Adam Montana [Will the Dinar come out around .01 cent to.10 cents to the USD, then float from there?] I think I've heard people suggest 10 cents to the dollar...I'll dig around and see if I can find a source...
9-22-2019 Newshound/Intel Guru Mnt Goat Article: "MOHAMMED SALEH: THE DEFICITS IN THE BUDGET HYPOTHETICAL, AND THAT THE FINANCIAL SITUATION OF IRAQ IS REASSURING AND DOES NOT THREATEN FINANCIAL SUSTAINABILITY" Quote: "the reserve of the central bank along with the reserve of the government amounted to 87 billion dollars, and this is very positive gives a great resilience to the state in the most difficult circumstances." So the TRUTH will set you FREE. No real deficit and plenty of money to re-mint the needed coins. But we know from 2012 there are already plenty of coins to launch to begin the process anyhow. How was DR shabibi going to do this in September of 2012 anyhow if there was no coins already minted? ...Remember there is opposition to changing the currency and some are happy with the current level of corruption. Why? Because they are in on the take.
9-22-2019 Newshound Guru Kaperoni ...The CBI publishes a quarterly report showing how much dinar, the IMF publishes a yearly report. And several news articles over the years have come out and told as well how much dinar is in circulation. All three of those add up to a pretty factual statement that 42 + trillion exists. And again nobody has proven once that that amount is wrong. Even if the 42 + trillion was wrong and it was say 10 trillion it's still too much money for Iraq to ever significantly RV. No country can support 1 trillion in currency let alone 42. ...they'll never significantly RV it's not possible...they could Lop or do what the IMF proposed which is float and in my opinion is the most likely due to the fact that they are working behind the scenes to create a market economy to create the conditions for a float.
9-21-2019 Newshound Guru Whitelions the news coming out is Fantastic we all should be very excited...
9-21-2019 Newshound/Intel Guru Mnt Goat ...I am reassuring everyone now that the step following this one is to reinstate the IQD and NOT to move the program rate to the exchanges such as FOREX but rather to re-peg the IQD to an SDR basket. This and only this, is what is going to force the rate to change from the program rate they have today...If all goes according to their target dates this could occur any day now. We are already in mid-September. But remember this is not the reinstatement and we can not yet go to the bank to exchange. This is solely going to happen inside Iraq...They are also not going to post anything in the Gazette when the reinstatement happens. It will appear in the news channels as this is the place for this kind of news. The Official Iraqi Gazatte is NOT a news source. [post 2 of 2]
9-21-2019 Newshound/Intel Guru Mnt Goat ...I have said over and over again that the next step is to issue the smaller of the small category notes and coins (250,500 and 1000 already issued) and then to change the program rate by deleting the zeros. For instance, a program rate of .00083 will become .83 or 83 cents. It will still remain pegged at the de-facto peg solely to the US dollar at this point, as it is today. ...Is this changing the rate? Yes... The goal of the CBI is to monitor the inflation rate after they make this next move. This could be 3 days, 3 weeks or 3 months. My take is it will be about a week... [post 1 of 2....stay tuned]
9-21-2019 Newshound Guru Jeff ...if you look at what Iraq has started going through September and then what they have slated for October...just based on facts using common sense...reaching the end of September is kind of an ending period and starting at the beginning of October is more of a new beginning period because look at 10-1, they have that new NASDAQ software coming online. They have a brand new CBI governor coming on board...10-1 is more of a new starting period versus September...
9-21-2019 Newshound Guru Kaperoni Quote: ..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect," ...The IMF is asking the CBI to create the conditions to float the currency to allow it to appreciate based on the Balassa -Samuelson effect... [Post 2 of 2]
9-21-2019 Newshound Guru Kaperoni If they launch the market economy as they have been aggressively trying to move towards and have presented it to be included in the budget of 2020, then I see no reason for a LOP...at that point I would see the CBI...moving to a float to allow the currency to appreciate to offset inflationary pressure created by that influx of capital...Remember the number one job of the CBI is to maintain monetary policy and reduce inflation...The IMF is specifically referencing the Balassa -Samuelson effect as the outcome for the dinar. That is a fact... [Post 1 of 2]
9-21-2019 Newshound/Intel Guru Mnt Goat ...I am reassuring everyone now that the step following this one is to reinstate the IQD and NOT to move the program rate to the exchanges such as FOREX but rather to re-peg the IQD to an SDR basket. This and only this, is what is going to force the rate to change from the program rate they have today...If all goes according to their target dates this could occur any day now. We are already in mid-September. But remember this is not the reinstatement and we can not yet go to the bank to exchange. This is solely going to happen inside Iraq...They are also not going to post anything in the Gazette when the reinstatement happens. It will appear in the news channels as this is the place for this kind of news. The Official Iraqi Gazatte is NOT a news source. [post 2 of 2]
9-21-2019 Newshound/Intel Guru Mnt Goat ...I have said over and over again that the next step is to issue the smaller of the small category notes and coins (250,500 and 1000 already issued) and then to change the program rate by deleting the zeros. For instance, a program rate of .00083 will become .83 or 83 cents. It will still remain pegged at the de-facto peg solely to the US dollar at this point, as it is today. ...Is this changing the rate? Yes... The goal of the CBI is to monitor the inflation rate after they make this next move. This could be 3 days, 3 weeks or 3 months. My take is it will be about a week... [post 1 of 2....stay tuned]
9-21-2019 Newshound Guru Jeff ...if you look at what Iraq has started going through September and then what they have slated for October...just based on facts using common sense...reaching the end of September is kind of an ending period and starting at the beginning of October is more of a new beginning period because look at 10-1, they have that new NASDAQ software coming online. They have a brand new CBI governor coming on board...10-1 is more of a new starting period versus September...
9-21-2019 Newshound Guru Kaperoni Quote: ..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect," ...The IMF is asking the CBI to create the conditions to float the currency to allow it to appreciate based on the Balassa -Samuelson effect... [Post 2 of 2]
9-21-2019 Newshound Guru Kaperoni If they launch the market economy as they have been aggressively trying to move towards and have presented it to be included in the budget of 2020, then I see no reason for a LOP...at that point I would see the CBI...moving to a float to allow the currency to appreciate to offset inflationary pressure created by that influx of capital...Remember the number one job of the CBI is to maintain monetary policy and reduce inflation...The IMF is specifically referencing the Balassa -Samuelson effect as the outcome for the dinar. That is a fact... [Post 1 of 2]
9-20-2019 Newshound Guru MiliiaMan Article: "Trump imposes sanctions on Iran's central bank and reveals another package" I hope everyone realizes just what this means. Trump has neutered the Iranian National Bank. How? Well, Iran is one of Iraq's largest trading partners and has massive amounts of Dinar. They clearly will have a hard time making any money off the re in statement of Iraq IQD with sanctions on!! The timing of this is massive imo...
9-20-2019 Newshound Guru larrykn If they get rid of the auctions with all the money they make on it, what are they going to replace it with when they stop the auctions and having a rate that starts at where it is now and has to take at least a year to get to a rate that they can compete with the world as per Kap [Guru Kaperoni]. ...I'm not sure how that will work out...to me they need a rate that they can compete with the world other wise the system will just not work...not when companies come in to do business with them.
9-20-2019 Guest Guru Mike Cottrell [via PDK] [Many people are asking about the 275 billion the Fed has sunk into the overnight lending markets this week...What are your thoughts on this?] Basically the banks are not liquid and My thoughts are they anticipating this revaluation…this reset is about to happen...I see this as the banks have no cash that they need to pay out for the exchanges. So they hit the Fed up for cash to pay us…to pay out so it’s not on their balance sheets…it’s on the Fed’s. They have been hitting the Fed for the last 3 days and I feel they will hit them up for more so they can pay out all the SKR’s and contract needs. It’s another way to force the issue.
9-20-2019 Intel Guru MarkZ [via PDK] Today is one of those days that we will be watching closely. Reno is still really quiet...rumors that 800 numbers could come out today through tomorrow.
9-20-2019 Newshound Guru Jeff ...Based on news we could not be at a better point in this investment. We are in the best position we've ever been in. Iraq is at the end of the road right now. Based on their own news they have reached the end of their road. Either they have to release news telling us that they're going to start something new or they're at a point where they just have to finish the formation of the government so they're no longer boxed in that corner and they can advance to their new beginning which is the rate change. We look amazing. We have to see this play out. The current period that we're in right now is the best news we've every had throughout the history of this investment. It does not get any better than this. Next week is going to be red hot...
9-20-2019 Newshound Guru Kaperoni Anything is possible in Iraq. But considering the IMF is the trustee over the CBI it is unlikely a LOP would be something the IMF would approve of. I would only see that occurring if the economic conditions failed for the development of the market economy and left no other option...If they launch the market economy as they have been aggressively trying to move towards and have presented it to be included in the budget of 2020, then I see no reason for a LOP...
9-20-2019 Newshound Guru Adam Montana There are some rumblingsssss right now! This recent development with China may be “more than meets the eye”, and I’m hearing some encouraging things about the oil law...I don’t want to get too giddy right now, but we might have a heck of a week coming up.
9-20-2019 Newshound Guru larrykn If they get rid of the auctions with all the money they make on it, what are they going to replace it with when they stop the auctions and having a rate that starts at where it is now and has to take at least a year to get to a rate that they can compete with the world as per Kap [Guru Kaperoni]. ...I'm not sure how that will work out...to me they need a rate that they can compete with the world other wise the system will just not work...not when companies come in to do business with them.
9-20-2019 Guest Guru Mike Cottrell [via PDK] [Many people are asking about the 275 billion the Fed has sunk into the overnight lending markets this week...What are your thoughts on this?] Basically the banks are not liquid and My thoughts are they anticipating this revaluation…this reset is about to happen...I see this as the banks have no cash that they need to pay out for the exchanges. So they hit the Fed up for cash to pay us…to pay out so it’s not on their balance sheets…it’s on the Fed’s. They have been hitting the Fed for the last 3 days and I feel they will hit them up for more so they can pay out all the SKR’s and contract needs. It’s another way to force the issue.
9-20-2019 Intel Guru MarkZ [via PDK] Today is one of those days that we will be watching closely. Reno is still really quiet...rumors that 800 numbers could come out today through tomorrow.
9-20-2019 Newshound Guru Jeff ...Based on news we could not be at a better point in this investment. We are in the best position we've ever been in. Iraq is at the end of the road right now. Based on their own news they have reached the end of their road. Either they have to release news telling us that they're going to start something new or they're at a point where they just have to finish the formation of the government so they're no longer boxed in that corner and they can advance to their new beginning which is the rate change. We look amazing. We have to see this play out. The current period that we're in right now is the best news we've every had throughout the history of this investment. It does not get any better than this. Next week is going to be red hot...
9-20-2019 Newshound Guru Kaperoni Anything is possible in Iraq. But considering the IMF is the trustee over the CBI it is unlikely a LOP would be something the IMF would approve of. I would only see that occurring if the economic conditions failed for the development of the market economy and left no other option...If they launch the market economy as they have been aggressively trying to move towards and have presented it to be included in the budget of 2020, then I see no reason for a LOP...
9-20-2019 Newshound Guru Adam Montana There are some rumblingsssss right now! This recent development with China may be “more than meets the eye”, and I’m hearing some encouraging things about the oil law...I don’t want to get too giddy right now, but we might have a heck of a week coming up.
9-19-2019 Intel Guru Frank26 ...now it [The Iraqi dinar] is being primed and it looks like the CBI is telling us they're ready to introduce new smaller category notes and fils which can only be done if they lift the three zeros from their exchange rate. They've done a pretty good job of lifting the three zeros from the street. Those are the two areas they are being lifted...they just said a few days ago, 'we have so much to back up our currency that it's way beyond International standards.'...that's really good.
9-19-2019 Newshound Guru Kaperoni ...There is no reinstatement of the dinar until the CBI writes the letter and the IMF accepts the letter for Article VIII. It's no secret when that happens we will all know. Even if it happens that has nothing to do with the exchange rate.
9-19-2019 Newshound Guru Breitling ...Iraq and these countries do not put out their money supply. They do not tell people exactly what their money supply is. But they did a couple of years ago by mistake. They said they were at 4 billion notes...according to this guru there's...80 Trillion dinar out there which is equal to 80 billion dollars or something like that...that's not true...they're reading a report that tells everybody what their country is worth. It's NOT their money supply. Here's the difference. What's your house worth? What's your car worth? What's your property worth? That's one report. Another report would be how much do you have in your pocket? How much Cash do you have? That's what I'm talking about. For some reason people aren't getting this...when I got into this investment they had about 12 billion notes...
9-19-2019 Newshound Guru Kaperoni [via Zig] ...there have been many discussions about a float over the years from the CBI, and economic experts in Iraq. Many of them positive...A year or so ago when somebody asked the CBI about floating the currency their response was that they weren't going to float AT THIS TIME and it was taken out of context as if they were saying no float ever...the truth is they were not ready to float at that time and proper translation of the article was necessary because all countries float eventually especially Emerging Markets. And there have been many examples of countries moving from fixed to float over the last few years. Even several in the Middle East"...
9-19-2019 Newshound Guru Jeff ...they've purposely delayed the formation of the government because it's literally the linchpin. It's the last thing we're going to see right before the rate change...the reason why the rate change will not occur this week is...Iraq has to achieve stability before the powers-that-be will allow Iraq to change the rate. This week they're having massive meetings between Kurdistan and Baghdad. They have to reach agreements on every level to achieve stability...I personally feel Mahdi has to be in country when the rate changes...this is a once-in-a-lifetime historic event. When it happens logic tells me Mahdi would want to be inside the country when the rate does change...he wants to be part of this historic event...Mahdi is gonna be in china on Thursday to Sunday...I still have the remainder of September on my radar. I still have my eyes on next week...
9-19-2019 Intel Guru MarkZ [via PDK] Reno is being very quiet… Isaac (in Zurich) has not updated us since last week...I really hope that means he is under a NDA. [...are they simply kicking the can down the road again into next week?] I really do not think they are kicking the can…I think its rolling out...not as quickly as we want...but I believe its logistics at this point. My contacts on the ground say no new rate as of yet…I am told the Iraqi PM is in China signing the final RV paperwork, trade issues, and treasury rates...and it will release when he gets back home which should be overnight tonight to Sat. Morning. [THERE WAS A BANK THAT IN TEXAS THAT EXCHANGED THE DINAR AT $3.91 ON TUESDAY] They appeared to have jumped the gun...but if banks are doing currency swaps...you know they believe we are really close...
9-19-2019 Newshound Guru Kaperoni ...They will never introduce any smaller categories until the currency has begun to appreciate to a point where they would be needed and it would be seamless without fanfare.
9-19-2019 Newshound Guru Adam Montana ...China has the ability to dump loads of money into Iraq's infrastructure, taking significant weight off of the Iraqis in that regard, which would free up Iraq's resources (time/people/government/etc) to focus on their actual bread and butter. China won't be doing this for free... in fact, I can foresee Iraq becoming so indebted to China over this that they are forced to raise the value of their currency just to cover the debt that they will willingly incur from China in order to fast-track their future. Iraq then officially enters the currency manipulation game, just to keep up with China, and that just tickles me pink! Who wins if this happens? Everyone. China wins. Iraq wins. We win. This is a clear path to Iraq becoming even stronger, with a stronger currency, and the rest is sort of irrelevant. Pretty neat stuff.
9-19-2019 Newshound Guru Kaperoni ...There is no reinstatement of the dinar until the CBI writes the letter and the IMF accepts the letter for Article VIII. It's no secret when that happens we will all know. Even if it happens that has nothing to do with the exchange rate.
9-19-2019 Newshound Guru Breitling ...Iraq and these countries do not put out their money supply. They do not tell people exactly what their money supply is. But they did a couple of years ago by mistake. They said they were at 4 billion notes...according to this guru there's...80 Trillion dinar out there which is equal to 80 billion dollars or something like that...that's not true...they're reading a report that tells everybody what their country is worth. It's NOT their money supply. Here's the difference. What's your house worth? What's your car worth? What's your property worth? That's one report. Another report would be how much do you have in your pocket? How much Cash do you have? That's what I'm talking about. For some reason people aren't getting this...when I got into this investment they had about 12 billion notes...
9-19-2019 Newshound Guru Kaperoni [via Zig] ...there have been many discussions about a float over the years from the CBI, and economic experts in Iraq. Many of them positive...A year or so ago when somebody asked the CBI about floating the currency their response was that they weren't going to float AT THIS TIME and it was taken out of context as if they were saying no float ever...the truth is they were not ready to float at that time and proper translation of the article was necessary because all countries float eventually especially Emerging Markets. And there have been many examples of countries moving from fixed to float over the last few years. Even several in the Middle East"...
9-19-2019 Newshound Guru Jeff ...they've purposely delayed the formation of the government because it's literally the linchpin. It's the last thing we're going to see right before the rate change...the reason why the rate change will not occur this week is...Iraq has to achieve stability before the powers-that-be will allow Iraq to change the rate. This week they're having massive meetings between Kurdistan and Baghdad. They have to reach agreements on every level to achieve stability...I personally feel Mahdi has to be in country when the rate changes...this is a once-in-a-lifetime historic event. When it happens logic tells me Mahdi would want to be inside the country when the rate does change...he wants to be part of this historic event...Mahdi is gonna be in china on Thursday to Sunday...I still have the remainder of September on my radar. I still have my eyes on next week...
9-19-2019 Intel Guru MarkZ [via PDK] Reno is being very quiet… Isaac (in Zurich) has not updated us since last week...I really hope that means he is under a NDA. [...are they simply kicking the can down the road again into next week?] I really do not think they are kicking the can…I think its rolling out...not as quickly as we want...but I believe its logistics at this point. My contacts on the ground say no new rate as of yet…I am told the Iraqi PM is in China signing the final RV paperwork, trade issues, and treasury rates...and it will release when he gets back home which should be overnight tonight to Sat. Morning. [THERE WAS A BANK THAT IN TEXAS THAT EXCHANGED THE DINAR AT $3.91 ON TUESDAY] They appeared to have jumped the gun...but if banks are doing currency swaps...you know they believe we are really close...
9-19-2019 Newshound Guru Kaperoni ...They will never introduce any smaller categories until the currency has begun to appreciate to a point where they would be needed and it would be seamless without fanfare.
9-19-2019 Newshound Guru Adam Montana ...China has the ability to dump loads of money into Iraq's infrastructure, taking significant weight off of the Iraqis in that regard, which would free up Iraq's resources (time/people/government/etc) to focus on their actual bread and butter. China won't be doing this for free... in fact, I can foresee Iraq becoming so indebted to China over this that they are forced to raise the value of their currency just to cover the debt that they will willingly incur from China in order to fast-track their future. Iraq then officially enters the currency manipulation game, just to keep up with China, and that just tickles me pink! Who wins if this happens? Everyone. China wins. Iraq wins. We win. This is a clear path to Iraq becoming even stronger, with a stronger currency, and the rest is sort of irrelevant. Pretty neat stuff.
9-18-2019 Newshound Guru Jeff ...let's set our emotions aside for a second...they've been setting the stage for this...keep in mind there is no "Dinar For Dummies" manual. We don't have a book or guide that tells us every step Iraq has to do before the rate can change...So we have to look at what they do and what they say. Look at their actions to piece things together and then you have to make some opinion with that...their actions suggest there's not much more they can do before they change the rate...Iraq has to achieve stability before the power that be will elect Iraq to change the rate...the news articles are strongly suggesting and telling us that they're in forward progress to reach stability...the news looks very good...
9-18-2019 Intel Guru MarkZ [via PDK] I checked in with my WF connection for the WF private group...they are expecting emails out and you can also go to the bank website to check the 800 numbers if you are worried...hearing they are setting up a special page just for that. This way you all know the 800 numbers are legitimate and you are not being bamboozled...
9-18-2019 Newshound Guru Adam Montana Quick note about the drone attacks on the Saudis - OIL is a pivotal issue in the Iraqi Dinar rate. It's no surprise that the recent events caused a flurry of commotion in the Dinar world. Oil speculation went wild for a couple minutes (ok, days), but currently stabilized at $59...
9-18-2019 Newshound Guru chattels Article: "Parliament votes on a law and ends the reading and discussion of three bills..." Again, no parliamentary action on any important law(s), IMO. Quote: "...held under the chairmanship of Mohammed Halbousi and the presence of 175 deputies,..." Attendance is low. Little more than minimum quorum requirement. Parliament will adjourn until next Saturday...
9-18-2019 Newshound Guru Jeff ...After looking at all the news...looking at everything that's going on, I'm of the opinion that the rate change will not occur this week. But we look like we're still in a very good position...the thing is right now they're too quiet. They're not giving us any clues to what's going on...they could end this next week but it could roll into October...the signs and variables show that we are still very close...
9-18-2019 Intel Guru MarkZ [via PDK] I am feeling really good about where we are! I am hearing fantastic things from Europe...3 contacts there say they are expecting funding today and no later early tomorrow morning. ...I heard a rumor that today is the day and that yesterday was procedural...trying to verify this. ...No new rate in Iraq as of last night. ...I am still hearing they want everything done before the end of the month.
9-18-2019 Newshound Guru Vital Brad ...The CBI put out an article "The Central Bank holds a workshop in preparation for the classification of banks operating in Iraq internationally." ...Iraq again talking about being regulated on an international standard. All signs point to go. They would not be doing this if their currency wasn't gonna be reinstated...why would they be getting themselves in this case internationally standard ready if they weren't going international?...the stage is being set for the big show and things are looking better than ever. I've never seen things line up this well...
9-18-2019 Newshound Guru Breitling [When I got into the dinar]...they were not talking about getting it to a $1...But as the country developed...they were like, no, we're going to get it to $3.25. And even with the markets changing, Do I think they can get it to $3.25? If they can get into the markets in the west, yes, they can get it too $3.25. I don't see what would be able to stop them...will they? I don't know. But once they do start adding value to their currency remember they said they were going to put a new currency out at the same time that will both coexist equally and one currency would be phased out over a two year process. They will both gain value equally...this is coming from the CBI who have the authority to talk about this and implement that authority...
9-18-2019 Intel Guru MarkZ [via PDK] I checked in with my WF connection for the WF private group...they are expecting emails out and you can also go to the bank website to check the 800 numbers if you are worried...hearing they are setting up a special page just for that. This way you all know the 800 numbers are legitimate and you are not being bamboozled...
9-18-2019 Newshound Guru Adam Montana Quick note about the drone attacks on the Saudis - OIL is a pivotal issue in the Iraqi Dinar rate. It's no surprise that the recent events caused a flurry of commotion in the Dinar world. Oil speculation went wild for a couple minutes (ok, days), but currently stabilized at $59...
9-18-2019 Newshound Guru chattels Article: "Parliament votes on a law and ends the reading and discussion of three bills..." Again, no parliamentary action on any important law(s), IMO. Quote: "...held under the chairmanship of Mohammed Halbousi and the presence of 175 deputies,..." Attendance is low. Little more than minimum quorum requirement. Parliament will adjourn until next Saturday...
9-18-2019 Newshound Guru Jeff ...After looking at all the news...looking at everything that's going on, I'm of the opinion that the rate change will not occur this week. But we look like we're still in a very good position...the thing is right now they're too quiet. They're not giving us any clues to what's going on...they could end this next week but it could roll into October...the signs and variables show that we are still very close...
9-18-2019 Intel Guru MarkZ [via PDK] I am feeling really good about where we are! I am hearing fantastic things from Europe...3 contacts there say they are expecting funding today and no later early tomorrow morning. ...I heard a rumor that today is the day and that yesterday was procedural...trying to verify this. ...No new rate in Iraq as of last night. ...I am still hearing they want everything done before the end of the month.
9-18-2019 Newshound Guru Vital Brad ...The CBI put out an article "The Central Bank holds a workshop in preparation for the classification of banks operating in Iraq internationally." ...Iraq again talking about being regulated on an international standard. All signs point to go. They would not be doing this if their currency wasn't gonna be reinstated...why would they be getting themselves in this case internationally standard ready if they weren't going international?...the stage is being set for the big show and things are looking better than ever. I've never seen things line up this well...
9-18-2019 Newshound Guru Breitling [When I got into the dinar]...they were not talking about getting it to a $1...But as the country developed...they were like, no, we're going to get it to $3.25. And even with the markets changing, Do I think they can get it to $3.25? If they can get into the markets in the west, yes, they can get it too $3.25. I don't see what would be able to stop them...will they? I don't know. But once they do start adding value to their currency remember they said they were going to put a new currency out at the same time that will both coexist equally and one currency would be phased out over a two year process. They will both gain value equally...this is coming from the CBI who have the authority to talk about this and implement that authority...
9-17-2019 Intel Guru RayRen98 BANK PARKING LOTS FULL AND "LIT UP" AT 6 AM? WHUT DA HECK? LOL "SPECIAL" BANK APPOINTMENTS ARE STARTING TO SURFACE... HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME ...JUS SAYIN'. ... SOME OF YOU MIGHT BE UP LATE...OR ALL NIGHT? I GOTTA FEELIN' - THAT TONIGHT'S GONNA BE A GOOD, GOOD NIGHT!
9-17-2019 Newshound/Intel Guru Mnt Goat ...If everything goes as planned, then they move on to the “reinstatement”. This means reinstating the dinar back on the global currency exchanges and then it can be legally traded...Yes, its been a very long journey...The nice part about this final step is when it does occur this is when we get to go to the bank and exchange and not before. There is no premature exchanges scheduled for us internet investors... [post 2 of 2]
9-17-2019 Newshound/Intel Guru Mnt Goat ...I have to tell you without even a shadow of a doubt that I am 1000 % sure it will NOT happen this week. However, we are still within a very good window of opportunity to get the smaller of the smaller category notes launched and this part of the process underway. This does not mean we will be going to the bank this week. ...So, once they launch the smaller of the small categories, the next part of the process is to CHECK FOR INFLATION and wait to see what happens. I am told this could take 3 days, 3 weeks or even 3 months. The next step depends up the CBI and observing what happens next. [post 1 of 2....stay tuned]
9-17-2019 Intel Guru Frank26 My question is, Will they show the visual aids this week to the citizens? Yes IMO. Will they show them the new low category notes and fils this week? Yes. IMO I believe the seminars [Thursday] will be showing the visual aids...it's possible they may go into next week but I doubt it...
9-17-2019 Intel Guru MarkZ Everything is very quiet and its quiet on purpose…It’s the Treasury applying pressure to keep things this quiet. About the Iran/Saudi Arabia conflict…I am not concerned a bit about this. My personal opinion is that oil prices had been so low that we are seeing a staged event to raise oil prices to back the dinar and its new rate. At redemption centers…they did not work this weekend…but they are working now. Hearing from a couple contacts in Iraq that they are expecting a new rate tomorrow…on the street level...I believe everything is done but the roll out and paying people. And based on indicators I am seeing. I think we are watching the roll out right now…
9-17-2019 Newshound Guru Breitling With Iraq how does it work? They tell everybody what they want to do through Parliament, the Ministry of Planning, then they go to the Ministry of Finance and then they go to the CBI and the CBI manages it. That's how it works...what they said they want to do with the Iraqi currency has never changed. You should be very very happy...
9-17-2019 Newshound Guru chattels Article quote: "The central bank sells more than $ 243 million at a currency auction" The volume in sales of the dollar in Iraq continues to be relatively high. In Parliamentary action yesterday nothing important happened, IMO.
9-17-2019 Newshound/Intel Guru Mnt Goat ...If everything goes as planned, then they move on to the “reinstatement”. This means reinstating the dinar back on the global currency exchanges and then it can be legally traded...Yes, its been a very long journey...The nice part about this final step is when it does occur this is when we get to go to the bank and exchange and not before. There is no premature exchanges scheduled for us internet investors... [post 2 of 2]
9-17-2019 Newshound/Intel Guru Mnt Goat ...I have to tell you without even a shadow of a doubt that I am 1000 % sure it will NOT happen this week. However, we are still within a very good window of opportunity to get the smaller of the smaller category notes launched and this part of the process underway. This does not mean we will be going to the bank this week. ...So, once they launch the smaller of the small categories, the next part of the process is to CHECK FOR INFLATION and wait to see what happens. I am told this could take 3 days, 3 weeks or even 3 months. The next step depends up the CBI and observing what happens next. [post 1 of 2....stay tuned]
9-17-2019 Intel Guru Frank26 My question is, Will they show the visual aids this week to the citizens? Yes IMO. Will they show them the new low category notes and fils this week? Yes. IMO I believe the seminars [Thursday] will be showing the visual aids...it's possible they may go into next week but I doubt it...
9-17-2019 Intel Guru MarkZ Everything is very quiet and its quiet on purpose…It’s the Treasury applying pressure to keep things this quiet. About the Iran/Saudi Arabia conflict…I am not concerned a bit about this. My personal opinion is that oil prices had been so low that we are seeing a staged event to raise oil prices to back the dinar and its new rate. At redemption centers…they did not work this weekend…but they are working now. Hearing from a couple contacts in Iraq that they are expecting a new rate tomorrow…on the street level...I believe everything is done but the roll out and paying people. And based on indicators I am seeing. I think we are watching the roll out right now…
9-17-2019 Newshound Guru Breitling With Iraq how does it work? They tell everybody what they want to do through Parliament, the Ministry of Planning, then they go to the Ministry of Finance and then they go to the CBI and the CBI manages it. That's how it works...what they said they want to do with the Iraqi currency has never changed. You should be very very happy...
9-17-2019 Newshound Guru chattels Article quote: "The central bank sells more than $ 243 million at a currency auction" The volume in sales of the dollar in Iraq continues to be relatively high. In Parliamentary action yesterday nothing important happened, IMO.
9-16-2019 Newshound Guru Breitling Don't worry about what's happening with Saudi Arabia. Do not worry if we go to war with Iran...because we anticipated all this stuff we have a way to lower the price of oil...what's that mean for you and me? Iraq, they're gonna have to add value to their currency. They are not going to be making money selling energy. So you and I are sitting on their currency. Huge opportunity. I'm excited. I'm not kidding. It's a beautiful thing...It's coming down the road. [Post 2 of 2]
9-16-2019 Newshound Guru Breitling ...They [Russia] are putting out a report that it [oil] is probably going to be $26 a barrel in the year 2020...it's going to be low. What does that mean for you and me? It means Iraq is going to add value to their currency. It's not a hypothetical. They know. They have the most undervalued currency. What allows them to do that is the profits they're making selling energy in US dollars. But once that dries up they're not going to be sitting on a domestic currency at a tenth of a penny. It's not gonna happen. They're not China. They're not Vietnam. They don't have a labor force like that... [Post 1 of 2]
9-16-2019 Newshound Guru Adam Montana [...latest indicates with the attack on Saudi oil we may be seeing 100 a barrel soon. Based on what you are seeing and hearing will this move the RV closer or will the concerns for possible attacks on near by Iran and possible Saudi retaliation cause Iraq to pause and take a step back? Look into your crystal ball. LOL.] My crystal ball says anything that will guide oil to higher prices is potentially a good thing for Iraq's future. Obviously there's more to it than that, but the Crystal Ball tends to be a bit vague at times.
9-16-2019 Newshound Guru MilitiaMan Article: "China and the financial sector" Quote: "we must in fact have a banking system capable of managing this process, through the adoption of correspondent banks or the opening of branches of Chinese banks inside Iraq, as can The adoption of bilateral partnerships in the financial sector, the result of which banks are sober leading to the mutual benefit of the economies of the two countries." The above data supports that WS [Guru Walkingstick] is right and apparently on time. We were told about this PBs [Bilateral Partnerships ?] in the USA to be within two weeks back on 09/06/2019. Well two weeks from then is 09/20/2019 imo. Today [Sunday] is the 15th.. lol If they will arrive within five days it sure would seem they would have the international rate exposed prior to that time, imo... the pressure is on now and big time. imo! The most logical time is upon us. imo That is when the markets bare the least disruptions...imo!
9-16-2019 Intel Guru MarkZ I just wanted to touch quickly on the news we heard over the weekend... From many sources...There are a lot of folks flying into Reno last night and this morning in expectation. There is a lot of reports that the military has begun exchanging, however even though I have many contacts in military…and they say they havn’t exchanged yet...so consider it as “rumor”. We are hearing that Iraq is pulling the trigger this week and so we (the US?) are scrambling to be 100% out the door. I am very upbeat for the week.
9-16-2019 Intel Guru RayRen98 HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME...JUS SAYIN'. WE ARE PURSUING CONFIRMATION OF ALLEGED FINANCIAL CHANGES IN IRAQ...HOPEFULLY LATER THIS EVENING? TODAY "MIGHT NOT" BE "THE DAY" BUT I'M OPTIMISTIC FOR THIS WEEK TO BE "THE WEEK"...TIME WILL TELL
9-16-2019 Newshound Guru Jeff Article [Parliamentary Energy: The Presidency of Parliament addressed the government to send the oil and gas law to vote on it]. ...we are in close proximity to the rate change that is why since mid July the news has been flooded with articles talking about HCL and Article 140...But what I want to stress to you is these are post rate change laws...news has blown up and exploded with articles talking about HCL oil and gas law and Article 140 because Iraq is now positioned for these. We're right in front of the rate change...
9-16-2019 Newshound Guru Breitling ...They [Russia] are putting out a report that it [oil] is probably going to be $26 a barrel in the year 2020...it's going to be low. What does that mean for you and me? It means Iraq is going to add value to their currency. It's not a hypothetical. They know. They have the most undervalued currency. What allows them to do that is the profits they're making selling energy in US dollars. But once that dries up they're not going to be sitting on a domestic currency at a tenth of a penny. It's not gonna happen. They're not China. They're not Vietnam. They don't have a labor force like that... [Post 1 of 2]
9-16-2019 Newshound Guru Adam Montana [...latest indicates with the attack on Saudi oil we may be seeing 100 a barrel soon. Based on what you are seeing and hearing will this move the RV closer or will the concerns for possible attacks on near by Iran and possible Saudi retaliation cause Iraq to pause and take a step back? Look into your crystal ball. LOL.] My crystal ball says anything that will guide oil to higher prices is potentially a good thing for Iraq's future. Obviously there's more to it than that, but the Crystal Ball tends to be a bit vague at times.
9-16-2019 Newshound Guru MilitiaMan Article: "China and the financial sector" Quote: "we must in fact have a banking system capable of managing this process, through the adoption of correspondent banks or the opening of branches of Chinese banks inside Iraq, as can The adoption of bilateral partnerships in the financial sector, the result of which banks are sober leading to the mutual benefit of the economies of the two countries." The above data supports that WS [Guru Walkingstick] is right and apparently on time. We were told about this PBs [Bilateral Partnerships ?] in the USA to be within two weeks back on 09/06/2019. Well two weeks from then is 09/20/2019 imo. Today [Sunday] is the 15th.. lol If they will arrive within five days it sure would seem they would have the international rate exposed prior to that time, imo... the pressure is on now and big time. imo! The most logical time is upon us. imo That is when the markets bare the least disruptions...imo!
9-16-2019 Intel Guru MarkZ I just wanted to touch quickly on the news we heard over the weekend... From many sources...There are a lot of folks flying into Reno last night and this morning in expectation. There is a lot of reports that the military has begun exchanging, however even though I have many contacts in military…and they say they havn’t exchanged yet...so consider it as “rumor”. We are hearing that Iraq is pulling the trigger this week and so we (the US?) are scrambling to be 100% out the door. I am very upbeat for the week.
9-16-2019 Intel Guru RayRen98 HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME...JUS SAYIN'. WE ARE PURSUING CONFIRMATION OF ALLEGED FINANCIAL CHANGES IN IRAQ...HOPEFULLY LATER THIS EVENING? TODAY "MIGHT NOT" BE "THE DAY" BUT I'M OPTIMISTIC FOR THIS WEEK TO BE "THE WEEK"...TIME WILL TELL
9-16-2019 Newshound Guru Jeff Article [Parliamentary Energy: The Presidency of Parliament addressed the government to send the oil and gas law to vote on it]. ...we are in close proximity to the rate change that is why since mid July the news has been flooded with articles talking about HCL and Article 140...But what I want to stress to you is these are post rate change laws...news has blown up and exploded with articles talking about HCL oil and gas law and Article 140 because Iraq is now positioned for these. We're right in front of the rate change...
9-15-2019 Intel Guru Frank26 NEXT WEEK IRAQ WILL BE SIGNING MAJOR DEALS WITH COUNTRIES ALL OVER THE WORLD...SAMSUNG IS A BIG DEAL... SIGNING DEALS WITH CHINA ON 19TH OF SEPT, DRAMATIC POSITIVE EFFECTS, MAJOR DEALS...CHINA CANT GO IN THERE UNLESS THEY MAKE SOME ANNOUNCEMENTS... NEXT WEEK MORE TRAINING SEMINARS FOR THE PUBLIC/CITIZENS, BANK TELLERS IN IRAQ SAYING THAT... MAYBE THE INFO WE ARE LOOKING FOR...THEY TOLD THEM A FEW WEEKS AGO ABOUT THE COINS - THESE ARE A FOLLOW UP TO THAT.
9-15-2019 Intel/Newshound Guru sandyf We do know that floating the currency would take best part of a generation to produce any significant result. Thai baht, strongest currency of an emerging economy has taken about 15 years to almost double in value. So taking into account what we do know, any significant return can only come from the unknown and not from what people think they know. Time for a more open minded perspective. [post 2 of 2]
9-15-2019 Intel/Newshound Guru sandyf [nobody and I mean NO ONE knows what will happen or how this will be implemented.] Absolutely spot on and nobody is ever going to stop the speculation. What we do know however is what is not going to happen. There is not going to be a huge overnight RV, never been one in the past and not going to happen in the future. That myth was born from confusion between revaluation and redenomination. We do know how a redenomination would be implemented but that cannot happen overnight and is not going to happen any time soon. [post 1 of 2....stay tuned]
9-15-2019 Newshound Guru MilitiaMan Article: "Government source reveals program of Abdul-Mahdi's visit to China" Quote: "The economic and political circles in Baghdad are looking with optimism to the forthcoming visit of Prime Minister Adel Abdul Mahdi to China on September 19 for four days, and it is reported in some economic circles that the visit will lead to the signing of about 30 large memorandums of understanding between Baghdad and Beijing..." Sure looks like this is the opening of the doors.. Firstly before they all go live, Iraq will have an international medium of exchange!! Imo.
9-15-2019 Intel Guru Frank26 IMO I honestly don't think the Democratic Party wants the reinstatement of the Iraqi dinar...I don't know if they're doing anything to stop it cause they can't...I don't think the democrats want Donald Trump to bask in the glory of what's about to happen...They represent the United States of America. I want them to work in unity with the Republicans but the jealously is so vicious and it's so wicked IMO that it's causing this rip. This tear. And based on the things I "think" I know politically we're not being supported for this by the Democrats...
9-15-2019 Newshound Guru Kaperoni ...guru Frank26 likes to refer to a minister of planning document talking about a 1 to $1 exchange rate. But it never said it would get there overnight! And as I've already said on numerous occasions Iraq could never afford a significant RV of the dinar due to the fact that there is in excess 42 trillion dinar in circulation. If the minister of planning was talking about an overnight event, it would have to be a LOP. The only thing that we should be hoping for is a gradual appreciation as stated by the IMF. Such an event like this would allow the money supply to be reduced as the currency appreciated.
9-15-2019 Intel/Newshound Guru sandyf We do know that floating the currency would take best part of a generation to produce any significant result. Thai baht, strongest currency of an emerging economy has taken about 15 years to almost double in value. So taking into account what we do know, any significant return can only come from the unknown and not from what people think they know. Time for a more open minded perspective. [post 2 of 2]
9-15-2019 Intel/Newshound Guru sandyf [nobody and I mean NO ONE knows what will happen or how this will be implemented.] Absolutely spot on and nobody is ever going to stop the speculation. What we do know however is what is not going to happen. There is not going to be a huge overnight RV, never been one in the past and not going to happen in the future. That myth was born from confusion between revaluation and redenomination. We do know how a redenomination would be implemented but that cannot happen overnight and is not going to happen any time soon. [post 1 of 2....stay tuned]
9-15-2019 Newshound Guru MilitiaMan Article: "Government source reveals program of Abdul-Mahdi's visit to China" Quote: "The economic and political circles in Baghdad are looking with optimism to the forthcoming visit of Prime Minister Adel Abdul Mahdi to China on September 19 for four days, and it is reported in some economic circles that the visit will lead to the signing of about 30 large memorandums of understanding between Baghdad and Beijing..." Sure looks like this is the opening of the doors.. Firstly before they all go live, Iraq will have an international medium of exchange!! Imo.
9-15-2019 Intel Guru Frank26 IMO I honestly don't think the Democratic Party wants the reinstatement of the Iraqi dinar...I don't know if they're doing anything to stop it cause they can't...I don't think the democrats want Donald Trump to bask in the glory of what's about to happen...They represent the United States of America. I want them to work in unity with the Republicans but the jealously is so vicious and it's so wicked IMO that it's causing this rip. This tear. And based on the things I "think" I know politically we're not being supported for this by the Democrats...
9-15-2019 Newshound Guru Kaperoni ...guru Frank26 likes to refer to a minister of planning document talking about a 1 to $1 exchange rate. But it never said it would get there overnight! And as I've already said on numerous occasions Iraq could never afford a significant RV of the dinar due to the fact that there is in excess 42 trillion dinar in circulation. If the minister of planning was talking about an overnight event, it would have to be a LOP. The only thing that we should be hoping for is a gradual appreciation as stated by the IMF. Such an event like this would allow the money supply to be reduced as the currency appreciated.
9-14-2019 Intel Guru Frank26 ...I will tell you this with confidence, the visual aids of the new small category notes and fils are coming out this month of September. The visual aids are coming out this month. ...a little while after the visual aids IMO they will lift the three zeros and a little bit after they lift the three zeros they'll introduce the new small category notes or at the same time when they lift it they will do it all together...the moment you see the visual aids is the moment I say goodbye...
9-14-2019 Newshound Guru chattels Article quotes: "Iraqi Oil Minister: Kurdistan produces half a million barrels of oil a day & none of its benefits go to the Federal Government. However, we are close to reaching an agreement with Erbil."; "The Ghadhban said that "optimistic to reach an agreement between the two sides,"stressing "We and the Kurdistan region in one ship, and we should reach an agreement." One question is whether the optimism expressed by Baghdad is shared by Kurdistan. Another question is whether the "agreement" is budgetary and for one year or is it a permanent agreement equating to the long awaited HydroCarbon Agreement. Any permanent HydroCarbon Ageement will likely require amendment / clarification constitutionally. ...a budget law agreement, if fully performed/honored by both sides, could be a good beginning.
9-14-2019 Newshound/Intel Guru BGG I beg to differ with Breitling’s synopsis as to why brokers are willing to “pay a lot more” than they used to – to buy Dinar back. It’s because THEY HAVE TO...The real reason they are paying more – isn’t that they are “willing to”…It’s that they HAVE TO. If they don’t – they won’t get any and they won’t be able to compete. It is just that simple – economics in action. [reference Guru Breitling post 9-11-2019]
9-14-2019 Newshound Guru Jeff article on this morning's session of Parliament - they did not get anything done that was important...a few days ago I posted another article where they said they were going to try to resolve the Education Minster during the first FEW legislative sessions of Parliament...what we're waiting on right now guys is for them to finish the formation of the government by putting the Education Minister in place. IMO they'll probably do it next Saturday the 21st...
9-14-2019 Intel Guru Frank26 ...the Central Bank of Iraq said that their intentions are to come out 1 to 1 internally in their country. With that said we have a foundation...Do these guys have a date? Or are they waiting for something? IMO they have a date. It's been kicked around like a tin can down the street at least 3 times that my teams know of. I pray to God that whatever date they have selected for the reinstatement does not get influenced...
9-14-2019 Newshound Guru chattels Article quotes: "Iraqi Oil Minister: Kurdistan produces half a million barrels of oil a day & none of its benefits go to the Federal Government. However, we are close to reaching an agreement with Erbil."; "The Ghadhban said that "optimistic to reach an agreement between the two sides,"stressing "We and the Kurdistan region in one ship, and we should reach an agreement." One question is whether the optimism expressed by Baghdad is shared by Kurdistan. Another question is whether the "agreement" is budgetary and for one year or is it a permanent agreement equating to the long awaited HydroCarbon Agreement. Any permanent HydroCarbon Ageement will likely require amendment / clarification constitutionally. ...a budget law agreement, if fully performed/honored by both sides, could be a good beginning.
9-14-2019 Newshound/Intel Guru BGG I beg to differ with Breitling’s synopsis as to why brokers are willing to “pay a lot more” than they used to – to buy Dinar back. It’s because THEY HAVE TO...The real reason they are paying more – isn’t that they are “willing to”…It’s that they HAVE TO. If they don’t – they won’t get any and they won’t be able to compete. It is just that simple – economics in action. [reference Guru Breitling post 9-11-2019]
9-14-2019 Newshound Guru Jeff article on this morning's session of Parliament - they did not get anything done that was important...a few days ago I posted another article where they said they were going to try to resolve the Education Minster during the first FEW legislative sessions of Parliament...what we're waiting on right now guys is for them to finish the formation of the government by putting the Education Minister in place. IMO they'll probably do it next Saturday the 21st...
9-14-2019 Intel Guru Frank26 ...the Central Bank of Iraq said that their intentions are to come out 1 to 1 internally in their country. With that said we have a foundation...Do these guys have a date? Or are they waiting for something? IMO they have a date. It's been kicked around like a tin can down the street at least 3 times that my teams know of. I pray to God that whatever date they have selected for the reinstatement does not get influenced...
9-13-2019 Intel Guru Frank26 ...their pattern is always to wait till the last second to do something. But between now and the last week of September IMO is a good window to do what they showed them in the visual aids. It's no secret. The CBI is telling the citizens we're giving you purchasing power. The citizens know it. You know it. It's no secret...everything is on course. We're alright...
9-13-2019 Newshound Guru Kaperoni I can say with certainty there will be no introduction of small denominations because that's just not how monetary policy works there is no RV or RI. If the dinar goes up in value gradually as we expect any transition to any smaller denomination or notes would be seamless with little fanfare. If Parliament were to pass a law to redenominate the currency (LOP) then I could see the introduction of a package of small notes and displayed in advance of their implementation.
9-13-2019 Intel Guru MarkZ [via PDK] I hear everything is totally positioned…We are not waiting for anything else…nothing else to do…we are right on top of it...Just need the trigger to be pulled by whoever says “start or go”...
9-13-2019 Newshound Guru Jeff ...IMO tomorrow you will not see any information about the VP's in Iraq...I have some very strong confirming factual information I just received from the Iraq government directly. I will share this with you when I see the one article I'm looking for...there is only one remaining position. It is only the Education Minister. It shows that they have done away with the Vice Presidents. Those positions have been eliminated...The only position we are waiting on is just the Education Minister. IMO they are going to complete that position on Saturday the 21st. When I see news articles telling you that I will share my factual information that I have on how I received it directly from the Iraqi Government...
9-13-2019 Intel Guru Bruce Confirmation from Bank sources Dinar on the screens live at over $6.50...Dinar is international... ...We are supposed to get started tomorrow [Friday]. Obviously we don't go anywhere until we get our toll free numbers. We don't get started until we get appointments. Our understanding is we should get numbers in the morning and get setting appointments and doing our exchanges supposedly tomorrow [Friday]. We'll see...we've had close calls before.
9-13-2019 Newshound/Intel Guru Mnt Goat Simply put when the time comes the IMF will put the IQD in an SDR basket of currencies including the Yen, Yuan, Pound, Euro, USD and then the IQD. ...What does this do? It creates stability in the marketplace since, if
9-13-2019 Newshound Guru Kaperoni I can say with certainty there will be no introduction of small denominations because that's just not how monetary policy works there is no RV or RI. If the dinar goes up in value gradually as we expect any transition to any smaller denomination or notes would be seamless with little fanfare. If Parliament were to pass a law to redenominate the currency (LOP) then I could see the introduction of a package of small notes and displayed in advance of their implementation.
9-13-2019 Intel Guru MarkZ [via PDK] I hear everything is totally positioned…We are not waiting for anything else…nothing else to do…we are right on top of it...Just need the trigger to be pulled by whoever says “start or go”...
9-13-2019 Newshound Guru Jeff ...IMO tomorrow you will not see any information about the VP's in Iraq...I have some very strong confirming factual information I just received from the Iraq government directly. I will share this with you when I see the one article I'm looking for...there is only one remaining position. It is only the Education Minister. It shows that they have done away with the Vice Presidents. Those positions have been eliminated...The only position we are waiting on is just the Education Minister. IMO they are going to complete that position on Saturday the 21st. When I see news articles telling you that I will share my factual information that I have on how I received it directly from the Iraqi Government...
9-13-2019 Intel Guru Bruce Confirmation from Bank sources Dinar on the screens live at over $6.50...Dinar is international... ...We are supposed to get started tomorrow [Friday]. Obviously we don't go anywhere until we get our toll free numbers. We don't get started until we get appointments. Our understanding is we should get numbers in the morning and get setting appointments and doing our exchanges supposedly tomorrow [Friday]. We'll see...we've had close calls before.
9-13-2019 Newshound/Intel Guru Mnt Goat Simply put when the time comes the IMF will put the IQD in an SDR basket of currencies including the Yen, Yuan, Pound, Euro, USD and then the IQD. ...What does this do? It creates stability in the marketplace since, if