9-22-2020 Intel Guru Frank26 Things are happening so fast it's hard to keep up with them...he's [Kazemi] arresting them by the 1,000s...the moment Kazemi landed [From August 20th meetings with Trump] he started arresting everybody left and right. If he could arrest his grandmother he would if she broke the law...they're fleeing. Just as Maliki. He went to Iran. That was a big mistake...
9-22-2020 Newshound/Intel Guru Mnt Goat There is nothing by [but ?] very good news and Iraq is now on a good path to appreciate their own true sovereignty from other Arab countries especially Iran. ...Al-Kazemi is amazing as they are rounding up corrupt individuals. By the news we can see that Nori Al-Maliki and Ameri are next. They will not escape this and there will never be peace in Iraq unless Iraq is finally cleansed of them.
9-22-2020 Intel Guru Footforward [...can you clarify for us... did Parliament get the 2020 budget and do its first read or not?...] For the record I believe they do two budgets. One with a new rate and one with the current rate. I'm not sure if they have done the first reading or not...I don't think it's that important to the RV. I think they may pass this budget, have an old rate, and the revalue and pass a new budget...
9-22-2020 Newshound Guru Pimpy ...People are like, 'Weren't we told that on September 15th the rate will happen?' I was like yeah, I know. 'Weren't we told that on the 18th the rate change is gonna happen?' Yeah I know. 'Weren't we told on the 2020 budget we would see a rate change?' Yeah I know. I didn't tell you guys that. Other people did. See this is why I try to avoid the dates and the rates because it's all speculation...what did I say? Do not get excited even if it's good news and don't get down if it's bad news...I try to bring an educated perspective. We take a look at the evidence. Get an idea of when it might happen. But the truth is nobody knows...there's nothing wrong with listening to other people's information ...that's what I encourage you guys to do. But be very careful when they make some very over promising predictions...
9-22-2020 Intel Guru MarkZ [via PDK] ...well the world seems to be positioning for exactly what we want...I am still hearing exceptionally positive things from my Iraqi contacts...everybody is still in place…There is very positive stuff from the middle eastern contacts. I do feel good about where we are at… They have a set schedule and we are watching it play out...
9-22-2020 Intel Guru Delta ...we are all waiting for the CBI. It looks like the new governor he's really doing an excellent job. It looks like he's in a hurry to accomplish the stuff that we are all waiting for...they had an emergency meeting on Saturday...with the Board of Directors of the Central Bank of Iraq...there is more confirmation they're going forward. They adopted the banking reform. IOO they are going to bring us to the rate...he's moving forward with the reforms.
9-22-2020 Intel Guru BobTheTaxMan ...Based on my view of where we're at and what's happening all over the place it seems like everything is moving forward. And right now rocket speed...
9-22-2020 Intel Guru Frank26 ...what Donald Trump did in the Middle East is for your investment. A lot of people said, 'Wow, that Frank is really stretching it. That's stupid. Really? The Middle East Peace Accord? That's for the Iraqi dinar?' Yeah. Remember when [community member Bluestar] asked Shabbibi in Washington D.C 'When are you going to do it? When are you going to lift the value of the currency?' And what did Shabbibi say? When we have security and stability. Well guess what we have - security and stability because of the Peace Accords. All the middle eastern countries are going ballistic right now. All the middle eastern countries are happy with the Untied States of America. They are all onboard with the basket. They are onboard with the accords...
9-22-2020 Newshound Guru MilitiaMan Article: "The financial sector is required to support the energy sector" More evidence supporting the view that a new system is coming to Iraq and E-Finance, E - Government will be hand and glove going forward. This too, supports the movement of money is to be from [front ?] and center. Not 3 months from now. Just like Barzani said today. We have verification from Kahdimi and we are ready for investors and the public sector! That is now.. Not in 2021 imo.
9-22-2020 Newshound/Intel Guru Mnt Goat There is nothing by [but ?] very good news and Iraq is now on a good path to appreciate their own true sovereignty from other Arab countries especially Iran. ...Al-Kazemi is amazing as they are rounding up corrupt individuals. By the news we can see that Nori Al-Maliki and Ameri are next. They will not escape this and there will never be peace in Iraq unless Iraq is finally cleansed of them.
9-22-2020 Intel Guru Footforward [...can you clarify for us... did Parliament get the 2020 budget and do its first read or not?...] For the record I believe they do two budgets. One with a new rate and one with the current rate. I'm not sure if they have done the first reading or not...I don't think it's that important to the RV. I think they may pass this budget, have an old rate, and the revalue and pass a new budget...
9-22-2020 Newshound Guru Pimpy ...People are like, 'Weren't we told that on September 15th the rate will happen?' I was like yeah, I know. 'Weren't we told that on the 18th the rate change is gonna happen?' Yeah I know. 'Weren't we told on the 2020 budget we would see a rate change?' Yeah I know. I didn't tell you guys that. Other people did. See this is why I try to avoid the dates and the rates because it's all speculation...what did I say? Do not get excited even if it's good news and don't get down if it's bad news...I try to bring an educated perspective. We take a look at the evidence. Get an idea of when it might happen. But the truth is nobody knows...there's nothing wrong with listening to other people's information ...that's what I encourage you guys to do. But be very careful when they make some very over promising predictions...
9-22-2020 Intel Guru MarkZ [via PDK] ...well the world seems to be positioning for exactly what we want...I am still hearing exceptionally positive things from my Iraqi contacts...everybody is still in place…There is very positive stuff from the middle eastern contacts. I do feel good about where we are at… They have a set schedule and we are watching it play out...
9-22-2020 Intel Guru Delta ...we are all waiting for the CBI. It looks like the new governor he's really doing an excellent job. It looks like he's in a hurry to accomplish the stuff that we are all waiting for...they had an emergency meeting on Saturday...with the Board of Directors of the Central Bank of Iraq...there is more confirmation they're going forward. They adopted the banking reform. IOO they are going to bring us to the rate...he's moving forward with the reforms.
9-22-2020 Intel Guru BobTheTaxMan ...Based on my view of where we're at and what's happening all over the place it seems like everything is moving forward. And right now rocket speed...
9-22-2020 Intel Guru Frank26 ...what Donald Trump did in the Middle East is for your investment. A lot of people said, 'Wow, that Frank is really stretching it. That's stupid. Really? The Middle East Peace Accord? That's for the Iraqi dinar?' Yeah. Remember when [community member Bluestar] asked Shabbibi in Washington D.C 'When are you going to do it? When are you going to lift the value of the currency?' And what did Shabbibi say? When we have security and stability. Well guess what we have - security and stability because of the Peace Accords. All the middle eastern countries are going ballistic right now. All the middle eastern countries are happy with the Untied States of America. They are all onboard with the basket. They are onboard with the accords...
9-22-2020 Newshound Guru MilitiaMan Article: "The financial sector is required to support the energy sector" More evidence supporting the view that a new system is coming to Iraq and E-Finance, E - Government will be hand and glove going forward. This too, supports the movement of money is to be from [front ?] and center. Not 3 months from now. Just like Barzani said today. We have verification from Kahdimi and we are ready for investors and the public sector! That is now.. Not in 2021 imo.
9-21-2020 Newshound Guru Breitling Question: "How do you see Trump's Middle East Peace Accord affecting the dinar?" It means everything...our solution is economic.
9-21-2020 Intel Guru BobTheTaxMan ...this is all a crazy or delusional or something like that idea that you invested into - it's not true. This is an honest bonafide investment. And when you have that kind of investment you have to seriously take a look at what are your options to retain as much of this as you can possibly can. How to prepare for taxes. How to prepare for life-time income. How to prepare for sharing with others or a legacy or charities. There's a zillion different things that need to be looked at if you're going to be serious about this particular investment... [Consult your tax professional at the appropriate time.]
9-21-2020 Intel Guru MarkZ [via PDK] [if it RV’s at 1 to 1…how does it rise to $2 to $3 dollars?] You are looking at it backwards… It is RV then Reset when we go to parity (1 to 1). Several currencies may float as they head toward parity.
9-21-2020 Newshound Guru Kaperoni The central bank of Iraq held a meeting over the weekend with its board to approve banking reform measures. The new governor is moving fast...If there ever was a time to get back into the news, now is the time. New prime minister Kazemi is working quickly to weed out corruption and get a private sector open for business. Let's hope Iraq continues to move forward with reforms. Stay tuned!
9-21-2020 Intel Guru MarkZ [via PDK] Quiet weekend. No movement yet…no money has exchanged hands...based on Asia and Europe I am ruling out Monday so far…Everybody is still staying in position because they do believe we are that close. Personally I do believe we will see it before Oct 1st. But no solid news.
9-21-2020 Newshound Guru Jeff ...They can't change the rate when they have thousands of corrupt figures in the government. There's no way in heck they can allow the rate to change when they have to arrest well over a thousand people. That's too much. Arresting that amount of people they have to delay the rate change...That's most likely the reason why the rate change has been delayed...The fact that they told you they made these arrests should tell you...they're pretty much at the end of dealing with corruption. They probably just have a little bit more to go...
9-21-2020 Intel Guru RayRen98 Reportedly, Parliament returned the draft budget law for the year 2020 to the Ministry of Finance to reconsider some items and possibly add new verbiage.
9-21-2020 Newshound Guru MilitiaMan Article: "Electricity announces the payment of salaries of contract holders and daily wages" Quote: “Minister, which resulted in securing the salaries of the two tranches and transferring their allocations from the investment budget to the operational one. He disclosed that "their salaries will be paid for the month of March today, Sunday, provided that the rest of the months will be paid with retroactive effect after the budget is approved“ The budget agreement appears to have a retroactive mechanism to pay salaries. They also let it be known they can adjust monies from the investment side of a budget to the operational side. Take note this is not about the 2021 at all. March is in 2020 for a retroactivation to be applicable. This is slated for today... Rate before budget, imo... international continuity must mean that the two entities are in agreement at which they’ll be working and being paid. Imo.
9-21-2020 Intel Guru BobTheTaxMan ...this is all a crazy or delusional or something like that idea that you invested into - it's not true. This is an honest bonafide investment. And when you have that kind of investment you have to seriously take a look at what are your options to retain as much of this as you can possibly can. How to prepare for taxes. How to prepare for life-time income. How to prepare for sharing with others or a legacy or charities. There's a zillion different things that need to be looked at if you're going to be serious about this particular investment... [Consult your tax professional at the appropriate time.]
9-21-2020 Intel Guru MarkZ [via PDK] [if it RV’s at 1 to 1…how does it rise to $2 to $3 dollars?] You are looking at it backwards… It is RV then Reset when we go to parity (1 to 1). Several currencies may float as they head toward parity.
9-21-2020 Newshound Guru Kaperoni The central bank of Iraq held a meeting over the weekend with its board to approve banking reform measures. The new governor is moving fast...If there ever was a time to get back into the news, now is the time. New prime minister Kazemi is working quickly to weed out corruption and get a private sector open for business. Let's hope Iraq continues to move forward with reforms. Stay tuned!
9-21-2020 Intel Guru MarkZ [via PDK] Quiet weekend. No movement yet…no money has exchanged hands...based on Asia and Europe I am ruling out Monday so far…Everybody is still staying in position because they do believe we are that close. Personally I do believe we will see it before Oct 1st. But no solid news.
9-21-2020 Newshound Guru Jeff ...They can't change the rate when they have thousands of corrupt figures in the government. There's no way in heck they can allow the rate to change when they have to arrest well over a thousand people. That's too much. Arresting that amount of people they have to delay the rate change...That's most likely the reason why the rate change has been delayed...The fact that they told you they made these arrests should tell you...they're pretty much at the end of dealing with corruption. They probably just have a little bit more to go...
9-21-2020 Intel Guru RayRen98 Reportedly, Parliament returned the draft budget law for the year 2020 to the Ministry of Finance to reconsider some items and possibly add new verbiage.
9-21-2020 Newshound Guru MilitiaMan Article: "Electricity announces the payment of salaries of contract holders and daily wages" Quote: “Minister, which resulted in securing the salaries of the two tranches and transferring their allocations from the investment budget to the operational one. He disclosed that "their salaries will be paid for the month of March today, Sunday, provided that the rest of the months will be paid with retroactive effect after the budget is approved“ The budget agreement appears to have a retroactive mechanism to pay salaries. They also let it be known they can adjust monies from the investment side of a budget to the operational side. Take note this is not about the 2021 at all. March is in 2020 for a retroactivation to be applicable. This is slated for today... Rate before budget, imo... international continuity must mean that the two entities are in agreement at which they’ll be working and being paid. Imo.
9-20-2020 Newshound/Intel Guru RVAlready Article: "The government returns the budget law to the Ministry of Finance to reconsider and add new paragraphs" Hopefully, CBI raises the rate without waiting for parliament, cause parliament is stuck on dead slow. They just returned the budget law 2020 to its source without a reading. ...They have to have this passed into law in 9 days, and they are sending it back without a single reading. Guess it will get all three readings on Sept 30.
9-20-2020 Intel Guru Footforward [When is the swap supposed to happen or did it?] my sources say it hasn't happened yet. I'm not sure we will publicly know when it does happen. But IMHO, they wouldn't be doing this if we were years out from an RV. Iraq is past the point of just needing help. They need to be able to help themselves. Which means they need to add value to their currency. Look at how Trump has told countries to stop using the USD. Now he's willing to do a currency swap with Iraq? You have to ask why. There is only one reason to do this. Without an RV, Iraq is a has been nation. [Hopefully we see the RV now] I believe it's coming.
9-20-2020 Newshound Guru Pimpy ...the day that the rate change happens there's not going to be any fanfare. There's not going to be any notice. There's not going to be any news. You're just going to wake up one day and it's there. That's what they did in Kuwait...
9-20-2020 Newshound Guru Jeff ...everything is looking really good right now but everything that...has to do with money nothing has been started yet. Why? What are we waiting for here? It's Iraq's economics and really the movement of money. It's a game of dominoes...the first domino that has to fall is that the rate has to change. That's what they're showing you. The rate has to change. Kurdistan and Baghdad can't even reach their agreement, they can't even start the approval process of the 2020 budget, they can't even approve the reforms, they can't even start those 8.2 billion dollars worth of agreements...it's a game of dominoes waiting on the rate change...I'm excited right now. I really do feel this is the perfect storm. This storm could not be more perfect for Iraq to actually change the rate...everything that has to do with money is literally on standby/on hold. It's waiting for something...
9-20-2020 Newshound Guru Kaperoni I believe Iraq will follow the direction given to them some years ago in the IMF Article IV Consultation... Accept Article VIII move from the peg to a float. Pass needed laws creating a suitable and favorable business climate for foreign investors. I do not believe in a significant overnight RV of the dinar. It is not technically possible with over 42 trillion dinar in Iraq outside the banking system known as "chunky."
9-20-2020 Intel/Newshound Guru sandyf ...deleting zeros from the currency is the process of replacing the old currency with a new one whose price is less than the old currency by the number of zeros that will be deleted, for example deleting three zeros from the Iraqi currency means that one dinar from the new currency is equivalent to 1000 dinars from the old currency. - A Redenomination. The term "strengthen the national currency" is regularly used by central banks and usually means they have to try and stop the currency from further weakening. A redenomination means a change in the monetary unit and any such changes must be approved by parliament. Normal timeframe is around 2 years.
9-20-2020 Intel Guru RayRen98 Weekend UPDATE: Parliament stated that the budget did not arrive Saturday as promised for its first reading citing a violation of the Constitution. The agency on corruption has arrested several top level banking officials. The budget is now promised to arrive to Parliament on Sunday. For many decades not attained, historic agreements completed by PM Al-Kadhimi and his administration will now lead to agreements on the budget, salaries, oil and gas.
9-20-2020 Intel Guru Footforward [When is the swap supposed to happen or did it?] my sources say it hasn't happened yet. I'm not sure we will publicly know when it does happen. But IMHO, they wouldn't be doing this if we were years out from an RV. Iraq is past the point of just needing help. They need to be able to help themselves. Which means they need to add value to their currency. Look at how Trump has told countries to stop using the USD. Now he's willing to do a currency swap with Iraq? You have to ask why. There is only one reason to do this. Without an RV, Iraq is a has been nation. [Hopefully we see the RV now] I believe it's coming.
9-20-2020 Newshound Guru Pimpy ...the day that the rate change happens there's not going to be any fanfare. There's not going to be any notice. There's not going to be any news. You're just going to wake up one day and it's there. That's what they did in Kuwait...
9-20-2020 Newshound Guru Jeff ...everything is looking really good right now but everything that...has to do with money nothing has been started yet. Why? What are we waiting for here? It's Iraq's economics and really the movement of money. It's a game of dominoes...the first domino that has to fall is that the rate has to change. That's what they're showing you. The rate has to change. Kurdistan and Baghdad can't even reach their agreement, they can't even start the approval process of the 2020 budget, they can't even approve the reforms, they can't even start those 8.2 billion dollars worth of agreements...it's a game of dominoes waiting on the rate change...I'm excited right now. I really do feel this is the perfect storm. This storm could not be more perfect for Iraq to actually change the rate...everything that has to do with money is literally on standby/on hold. It's waiting for something...
9-20-2020 Newshound Guru Kaperoni I believe Iraq will follow the direction given to them some years ago in the IMF Article IV Consultation... Accept Article VIII move from the peg to a float. Pass needed laws creating a suitable and favorable business climate for foreign investors. I do not believe in a significant overnight RV of the dinar. It is not technically possible with over 42 trillion dinar in Iraq outside the banking system known as "chunky."
9-20-2020 Intel/Newshound Guru sandyf ...deleting zeros from the currency is the process of replacing the old currency with a new one whose price is less than the old currency by the number of zeros that will be deleted, for example deleting three zeros from the Iraqi currency means that one dinar from the new currency is equivalent to 1000 dinars from the old currency. - A Redenomination. The term "strengthen the national currency" is regularly used by central banks and usually means they have to try and stop the currency from further weakening. A redenomination means a change in the monetary unit and any such changes must be approved by parliament. Normal timeframe is around 2 years.
9-20-2020 Intel Guru RayRen98 Weekend UPDATE: Parliament stated that the budget did not arrive Saturday as promised for its first reading citing a violation of the Constitution. The agency on corruption has arrested several top level banking officials. The budget is now promised to arrive to Parliament on Sunday. For many decades not attained, historic agreements completed by PM Al-Kadhimi and his administration will now lead to agreements on the budget, salaries, oil and gas.
9-19-2020 Newshound Guru Jeff I have a good friend that works for a financial institution that operates and conduct business all the way around the world...he just me a list of the remaining countries that are on the OFAC-sanctioned list. And Iraq got removed from this list back on August 10th...So guess what, they're now international!
9-19-2020 Intel Guru Footforward [...there’s really no reason that the first currency swap would be at the Program rate just doesn’t make sense.] Actually it does make sense. If you know the dinar is going to revalue and Iraq needs short term help, it makes all the sense in the world to do a swap at the current rate. Iraq gets short term help and America gets more dinar. And once it revalued that's a huge win for America .
9-19-2020 Newshound Guru Kaperoni If Iraq is going to raise the value, they will float it allowing it to gradually appreciate over time. This was discussed by the IMF directly to the CBI several years ago.
9-19-2020 Newshound Guru Jeff ...Kurdistan is not even meeting with Baghdad on the budget until Sunday...this is my complete opinion, what that strongly suggests is...they're waiting on the true final figures after the rate change to be inside the 2020 budget. That way Kurdistan and Baghdad can meet and reach a final comprehensive agreement no the real figures within the budget - again the figures after the rate change...that's what the facts are showing you...
9-19-2020 Intel Guru Footforward [...Something that has been bothering me about the IQD exchange particularly in Ontario, Canada... I...have wondered if the fact that many banks in Ontario at least do not even deal in IQD if that could play a role when it revalue's and a Canadian has some to exchange...] we won't have any issues once it's internationally recognized...No bank deals in dinar right now. That's why we have to buy our dinar from currency dealers right now...Once it goes international, the tune of the banks will change. I can tell you that I know for a fact, one major bank in North America has been preparing for an RV behind the scenes at the highest levels, but won't ever admit that publicly. The banks don't want to deal with tons of people calling and asking about this pre RV... It may only be the bigger banks dealing with this. But even still I don't expect us to have any issues in Canada...
9-19-2020 Newshound Guru Jeff Article: "Iraq Dinar revaluation postponed by Central Bank for 5 years say MP Noura Al Bajari" This article came out in October of 2014...they had full intentions of changing the rate back in 2014 but...but they stopped doing it because Iraq had security challenges. That was the ISIS war...they also had political challenges and a lot of corruption. They didn't have the stability that they've recently achieved...
9-19-2020 Intel Guru Frank26 ...The meeting with the CBI and the Fab 4 that Kazemi and Donald Trump had - as soon as Kazimi got back to Iraq his mission was to clean the swamp but his mission was to deal with the new exchange rate of the Iraqi dinar. This is my opinion but it sure is rather self-evident...we are at a position where they're talking about the exchange rate of the Iraqi dinar vs the American exchange rate. It's not conjecture. It's not a thought. It's not a dream. It's not Evan a fantasy. It's not science fiction. It is a thesis, a study that has reality in it...[Guru] Walkingstick and our teams are now looking for...an article from the CBI explaining the relationship between the Iraqi dinar and the American dollar at 1 to 1...
9-19-2020 Intel Guru Footforward [...there’s really no reason that the first currency swap would be at the Program rate just doesn’t make sense.] Actually it does make sense. If you know the dinar is going to revalue and Iraq needs short term help, it makes all the sense in the world to do a swap at the current rate. Iraq gets short term help and America gets more dinar. And once it revalued that's a huge win for America .
9-19-2020 Newshound Guru Kaperoni If Iraq is going to raise the value, they will float it allowing it to gradually appreciate over time. This was discussed by the IMF directly to the CBI several years ago.
9-19-2020 Newshound Guru Jeff ...Kurdistan is not even meeting with Baghdad on the budget until Sunday...this is my complete opinion, what that strongly suggests is...they're waiting on the true final figures after the rate change to be inside the 2020 budget. That way Kurdistan and Baghdad can meet and reach a final comprehensive agreement no the real figures within the budget - again the figures after the rate change...that's what the facts are showing you...
9-19-2020 Intel Guru Footforward [...Something that has been bothering me about the IQD exchange particularly in Ontario, Canada... I...have wondered if the fact that many banks in Ontario at least do not even deal in IQD if that could play a role when it revalue's and a Canadian has some to exchange...] we won't have any issues once it's internationally recognized...No bank deals in dinar right now. That's why we have to buy our dinar from currency dealers right now...Once it goes international, the tune of the banks will change. I can tell you that I know for a fact, one major bank in North America has been preparing for an RV behind the scenes at the highest levels, but won't ever admit that publicly. The banks don't want to deal with tons of people calling and asking about this pre RV... It may only be the bigger banks dealing with this. But even still I don't expect us to have any issues in Canada...
9-19-2020 Newshound Guru Jeff Article: "Iraq Dinar revaluation postponed by Central Bank for 5 years say MP Noura Al Bajari" This article came out in October of 2014...they had full intentions of changing the rate back in 2014 but...but they stopped doing it because Iraq had security challenges. That was the ISIS war...they also had political challenges and a lot of corruption. They didn't have the stability that they've recently achieved...
9-19-2020 Intel Guru Frank26 ...The meeting with the CBI and the Fab 4 that Kazemi and Donald Trump had - as soon as Kazimi got back to Iraq his mission was to clean the swamp but his mission was to deal with the new exchange rate of the Iraqi dinar. This is my opinion but it sure is rather self-evident...we are at a position where they're talking about the exchange rate of the Iraqi dinar vs the American exchange rate. It's not conjecture. It's not a thought. It's not a dream. It's not Evan a fantasy. It's not science fiction. It is a thesis, a study that has reality in it...[Guru] Walkingstick and our teams are now looking for...an article from the CBI explaining the relationship between the Iraqi dinar and the American dollar at 1 to 1...
9-18-2020 Newshound Guru Jeff Article: "The first statement of the new Iraqi central governor: We drew up a plan to strengthen the national currency" The first sentence is very very very important... "....the new CBI governor of the central bank of Iraq announced on today Thursday a plan to strengthen the notation currency." A plan to strengthen the national currency! There's only one way they can do that...it's to raise the value.
9-18-2020 Newshound/Intel Guru Mnt Goat ...I can see that the target of the CBI might be January from all this news, however to be more certain we must watch and wait for announcements from the new CBI governor about the project to delete the zeros. I expect we will see him in the public just as soon as he wets his feet a big in his new role. I am being told by my CBI contact, that we can expect him to unveil financial reforms for the CBI and for the nation. I suspect this will be in part, the currency reform. ... the CBI has told me numerous times that they will first educate the citizens again on the process when they are ready. This will be a sign for us...
9-18-2020 Intel Guru Footforward [...I know we are close...] I believe so too... period we need to be watching...[the 18th] the 24th and the 28th. I am not saying those are days the RV is going to happen necessarily...I'm saying they'll be important to watch...
9-18-2020 Intel Guru MarkZ [via PDK] Well, people are still in position everywhere…just no money movement yet. My government sources are very much looking at Oct.1 for a new monetary system all around the world. So hang on…It still looks fantastic.
9-18-2020 Newshound Guru Jeff Article: "KRG Delegation To Discuss Budget With Federal Official On September 20" I kept telling you that parliament would not start the approval process of the budget until after the 20th. I said IMO the reason why is because the numbers were going to change in that budget from trillions to billions. That's the step that happens when the rate changes...for example if they were to change the rate say this Sunday morning for Iraq then the numbers would transition from trillions into billions. So they would not want any parties to see those figures publicly before the rate does change...IMO they're not going to let anyone see those figures or numbers within the real 2020 budget until after the rate has already changed...They already said the real true numbers inside the budget have not been shown...
9-18-2020 Intel Guru Frank26 ...there is a lot of things that are going on with the Iraqi dinar and they're being very forward about it...what was the article that came out today? 'Hi, I'm an economist from Iraq, I'd like to talk to you about the Iraqi dinar and the American dollar about them being 1 to 1.' ...the citizens are going ballistic...
9-18-2020 Newshound Guru MilitiaMan Article: "The New Central Bank Governor: We Set A Plan To Develop The Bank’s Work And Strengthen The Dinar" Quote: "a deliberate banking plan has been developed that will develop the work of the central bank, strengthen the national currency..." ...these articles...have been effectively what we have been waiting for. Instructions issued... In other words the horses mouth has spoken... imo... Now we should see the citizens gearing for an exchange rate to bring in the 50k and 25k notes... imo... As that will bring in the real opportunities!! imo.
9-18-2020 Intel Guru Footforward Article: "100 US dollars is equivalent to 100 Iraqi dinars...Is it possible? An economic expert answers." [That article describes a lop scenario say 1 new Dinar would be equal to 1000 old dinars. Hope that’s not what they do.] It won't be. Expect to see alot of crap like this...My point is we don't get shaken. A revaluation is the only way to fix their economic hardship. They aren't going to come out and tell us when they will do it. In my opinion anyways. So we have to watch the signs. ...The fact that corruption is being dealt with in Iraq at a very rapid pace is very good for us...These guys being arrested is a good sign. We need to watch what they do. Not what they say so much. It's helpful to take a much bigger picture...
9-18-2020 Newshound Guru Pimpy Article: "100 U.S. Dollars is equivalent to 100 Iraqi dinars...Is it possible? An economic expert answers" That would be a 1 for 1 exchange rate...it looks like what she's saying...is they want to improve the value of the currency so that they could do the lop and then turn the exchange to one to one. What does that mean? For every 100,000 dinars would be worth a hundred dinars...lopping off the three zeros is once again the talk of the town...for you newbies that's a very bad situation if they do that. So for every hundred thousand dollars they would reduce it down to a thousand dollars and then give you a one for one exchange. So you would get a 1000 for every 100,000...I don't think they're going to lop the zeros off. I don't think they can afford to.
9-18-2020 Newshound/Intel Guru Mnt Goat ...I can see that the target of the CBI might be January from all this news, however to be more certain we must watch and wait for announcements from the new CBI governor about the project to delete the zeros. I expect we will see him in the public just as soon as he wets his feet a big in his new role. I am being told by my CBI contact, that we can expect him to unveil financial reforms for the CBI and for the nation. I suspect this will be in part, the currency reform. ... the CBI has told me numerous times that they will first educate the citizens again on the process when they are ready. This will be a sign for us...
9-18-2020 Intel Guru Footforward [...I know we are close...] I believe so too... period we need to be watching...[the 18th] the 24th and the 28th. I am not saying those are days the RV is going to happen necessarily...I'm saying they'll be important to watch...
9-18-2020 Intel Guru MarkZ [via PDK] Well, people are still in position everywhere…just no money movement yet. My government sources are very much looking at Oct.1 for a new monetary system all around the world. So hang on…It still looks fantastic.
9-18-2020 Newshound Guru Jeff Article: "KRG Delegation To Discuss Budget With Federal Official On September 20" I kept telling you that parliament would not start the approval process of the budget until after the 20th. I said IMO the reason why is because the numbers were going to change in that budget from trillions to billions. That's the step that happens when the rate changes...for example if they were to change the rate say this Sunday morning for Iraq then the numbers would transition from trillions into billions. So they would not want any parties to see those figures publicly before the rate does change...IMO they're not going to let anyone see those figures or numbers within the real 2020 budget until after the rate has already changed...They already said the real true numbers inside the budget have not been shown...
9-18-2020 Intel Guru Frank26 ...there is a lot of things that are going on with the Iraqi dinar and they're being very forward about it...what was the article that came out today? 'Hi, I'm an economist from Iraq, I'd like to talk to you about the Iraqi dinar and the American dollar about them being 1 to 1.' ...the citizens are going ballistic...
9-18-2020 Newshound Guru MilitiaMan Article: "The New Central Bank Governor: We Set A Plan To Develop The Bank’s Work And Strengthen The Dinar" Quote: "a deliberate banking plan has been developed that will develop the work of the central bank, strengthen the national currency..." ...these articles...have been effectively what we have been waiting for. Instructions issued... In other words the horses mouth has spoken... imo... Now we should see the citizens gearing for an exchange rate to bring in the 50k and 25k notes... imo... As that will bring in the real opportunities!! imo.
9-18-2020 Intel Guru Footforward Article: "100 US dollars is equivalent to 100 Iraqi dinars...Is it possible? An economic expert answers." [That article describes a lop scenario say 1 new Dinar would be equal to 1000 old dinars. Hope that’s not what they do.] It won't be. Expect to see alot of crap like this...My point is we don't get shaken. A revaluation is the only way to fix their economic hardship. They aren't going to come out and tell us when they will do it. In my opinion anyways. So we have to watch the signs. ...The fact that corruption is being dealt with in Iraq at a very rapid pace is very good for us...These guys being arrested is a good sign. We need to watch what they do. Not what they say so much. It's helpful to take a much bigger picture...
9-18-2020 Newshound Guru Pimpy Article: "100 U.S. Dollars is equivalent to 100 Iraqi dinars...Is it possible? An economic expert answers" That would be a 1 for 1 exchange rate...it looks like what she's saying...is they want to improve the value of the currency so that they could do the lop and then turn the exchange to one to one. What does that mean? For every 100,000 dinars would be worth a hundred dinars...lopping off the three zeros is once again the talk of the town...for you newbies that's a very bad situation if they do that. So for every hundred thousand dollars they would reduce it down to a thousand dollars and then give you a one for one exchange. So you would get a 1000 for every 100,000...I don't think they're going to lop the zeros off. I don't think they can afford to.
9-17-2020 Intel Guru MarkZ [via PDK] [I don’t think the RV will ever happen.] ...I bet they said the same thing in Kuwait before that reset...Just look at all the great resets and revaluations in History…It will happen. The biggest difference in now and past resets is we are all looking for it…Because of the internet we can follow it and we can chase it. We are all fixated on it .
9-17-2020 Intel Guru Footforward ...The plan on the dong for the longest time has been 5-10 cents. The only reason my opinion was it could go higher is that Vietnam needs money and even at 10 cents I think they are a bit undervalued. That's not financial or investment advice. That's my opinion.
9-17-2020 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE: THE 2020 BUDGET WILL ARRIVE IN PARLIAMENT THIS WEEK, AND IT DOES NOT EXCLUDE THE FUNDING OUTSIDE OF MORE LOANS" So the budget was sent already and is in parliament. You simply can’t borrow your way out of debt. Bad ideas by bad politians...It simply does not work and they know it. They can get all the permission they want to borrow more money, but in reality they are stuck. We knew this day would come as they only had money until the end of September to pay salaries. They only have 2 choices not 3. Choice #1 is cut expenditures so drastically as to meet the current price of oil, Choice #2 float the currency and let investors invest in Iraq . Choice #2 also gives the potential investors freedom of exchange and transfer of monetary resources needed to come into Iraq .
9-17-2020 Newshound Guru Pimpy Trust me there is a lot of news as I'm sure some of you are aware. A lot of talk about the Iraqi dinar. A lot of talk about the economy. A lot of Al-Kazemi crack-a-lacking on the people over there making sure that the country gets back to where it need to be... Article: "The first statement of the new Iraqi central governor: We drew up a plan to strengthen the national currency" There's more than one article talking about the Iraqi dinar...this is what we're waiting for. Obviously the stronger the currency the better our exchange rate...they're making plans to strengthen it. That's what we want to see.
9-17-2020 Newshound Guru Adam Montana ...Anything that is addressed in the coming meetings that will affect the 2021 Budget in a major way, especially if it's HCL, will not be able to "hide" until 2021. They have to be ready to raise the exchange rate before they announce any major agreements on HCL, Article 140, or anything else closely related. If they don't raise the rate soon enough, there would be a massive speculative run on the currency, which would dilute it, and kill their opportunity. They aren't going to do that. Not because we are waiting for them, but because they wouldn't benefit from it. Our day is coming!
9-17-2020 Newshound Guru Mnt Goat Article: "DEPUTY: AL-KAZEMI'S VISIT IS THE LAST OPPORTUNITY FOR THE REGION TO HAND OVER HIS COMMITMENT AND IN SUCCESSION TO BE DEPRIVED OF THE 2021 BUDGET" the agreement was made already and this is done. Kurdistan got only 12% but is getting paid and this is important that the GOI is monitoring all the other oil they are selling on the side besides the amount needed to meet the budget. This is important to us because it is important to the IMF.
9-17-2020 Intel Guru MarkZ [via PDK] My bankers are still very positive that this is our week…I still believe it has a set date and its rolling out. [my birthday on october 30th, better happen by then...Need a good birthday present.] I think you will be very happy before your birthday.
9-17-2020 Newshound Guru Pimpy ...There's discussion about the exchange rate it needs to change. So the anticipation is that the rate change would be in the 2021 budget. There's no guarantee. I'm just saying that appears based on what is being said that seem to be the case...we're running into some serious deadlines...
9-17-2020 Newshound Guru Jeff Iraq in '17...almost 3 years ago they performed a test. They unpegged from the dollar and went to a currency assortment basket...historically over the last 100 years the Iraq dinar the high side of it was about $4.20 the low side was about $2.50...Over the last 100 years the Iraq dinar has not gone below $2 bucks. This is a reinstatement. That means they're going to put the value of the Iraq dinar back to where it was...a restoration of it. It devalued in 2004 against the dollar at $3.22...today we're in the year of 2020. So here we are 15 years later...because of...the facts and variable...how it's a reinstatement...the high point/low point over the last 100 years...I'm of the opinion...the rate is going to be very close to or around $3.80...
9-17-2020 Newshound Guru MilitiaMan The 2020 budget is not off the table yet, imo. The cannot legislate (enact) it yet. It is not to be looked over. It has a purpose with it... the Cabinet to finish this week and then the Parliament will see it next week...All to be done within or over the legislative time frame of a two week period. They already have had one special session on it already. Most likely imo the 2019 FMLA is inside it, thus, it is being timed accordingly. Lets not forget the electronic systems to be in place at the Borders and the GOI. They need to fire once they decide to go international or expose a new exchange rate. They will need to be transparent. Thus, we see the adjustments being made to personnel at 8-9 key places. They include the CBI. All still looks very promising...imo.
9-17-2020 Intel Guru Footforward ...The plan on the dong for the longest time has been 5-10 cents. The only reason my opinion was it could go higher is that Vietnam needs money and even at 10 cents I think they are a bit undervalued. That's not financial or investment advice. That's my opinion.
9-17-2020 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE: THE 2020 BUDGET WILL ARRIVE IN PARLIAMENT THIS WEEK, AND IT DOES NOT EXCLUDE THE FUNDING OUTSIDE OF MORE LOANS" So the budget was sent already and is in parliament. You simply can’t borrow your way out of debt. Bad ideas by bad politians...It simply does not work and they know it. They can get all the permission they want to borrow more money, but in reality they are stuck. We knew this day would come as they only had money until the end of September to pay salaries. They only have 2 choices not 3. Choice #1 is cut expenditures so drastically as to meet the current price of oil, Choice #2 float the currency and let investors invest in Iraq . Choice #2 also gives the potential investors freedom of exchange and transfer of monetary resources needed to come into Iraq .
9-17-2020 Newshound Guru Pimpy Trust me there is a lot of news as I'm sure some of you are aware. A lot of talk about the Iraqi dinar. A lot of talk about the economy. A lot of Al-Kazemi crack-a-lacking on the people over there making sure that the country gets back to where it need to be... Article: "The first statement of the new Iraqi central governor: We drew up a plan to strengthen the national currency" There's more than one article talking about the Iraqi dinar...this is what we're waiting for. Obviously the stronger the currency the better our exchange rate...they're making plans to strengthen it. That's what we want to see.
9-17-2020 Newshound Guru Adam Montana ...Anything that is addressed in the coming meetings that will affect the 2021 Budget in a major way, especially if it's HCL, will not be able to "hide" until 2021. They have to be ready to raise the exchange rate before they announce any major agreements on HCL, Article 140, or anything else closely related. If they don't raise the rate soon enough, there would be a massive speculative run on the currency, which would dilute it, and kill their opportunity. They aren't going to do that. Not because we are waiting for them, but because they wouldn't benefit from it. Our day is coming!
9-17-2020 Newshound Guru Mnt Goat Article: "DEPUTY: AL-KAZEMI'S VISIT IS THE LAST OPPORTUNITY FOR THE REGION TO HAND OVER HIS COMMITMENT AND IN SUCCESSION TO BE DEPRIVED OF THE 2021 BUDGET" the agreement was made already and this is done. Kurdistan got only 12% but is getting paid and this is important that the GOI is monitoring all the other oil they are selling on the side besides the amount needed to meet the budget. This is important to us because it is important to the IMF.
9-17-2020 Intel Guru MarkZ [via PDK] My bankers are still very positive that this is our week…I still believe it has a set date and its rolling out. [my birthday on october 30th, better happen by then...Need a good birthday present.] I think you will be very happy before your birthday.
9-17-2020 Newshound Guru Pimpy ...There's discussion about the exchange rate it needs to change. So the anticipation is that the rate change would be in the 2021 budget. There's no guarantee. I'm just saying that appears based on what is being said that seem to be the case...we're running into some serious deadlines...
9-17-2020 Newshound Guru Jeff Iraq in '17...almost 3 years ago they performed a test. They unpegged from the dollar and went to a currency assortment basket...historically over the last 100 years the Iraq dinar the high side of it was about $4.20 the low side was about $2.50...Over the last 100 years the Iraq dinar has not gone below $2 bucks. This is a reinstatement. That means they're going to put the value of the Iraq dinar back to where it was...a restoration of it. It devalued in 2004 against the dollar at $3.22...today we're in the year of 2020. So here we are 15 years later...because of...the facts and variable...how it's a reinstatement...the high point/low point over the last 100 years...I'm of the opinion...the rate is going to be very close to or around $3.80...
9-17-2020 Newshound Guru MilitiaMan The 2020 budget is not off the table yet, imo. The cannot legislate (enact) it yet. It is not to be looked over. It has a purpose with it... the Cabinet to finish this week and then the Parliament will see it next week...All to be done within or over the legislative time frame of a two week period. They already have had one special session on it already. Most likely imo the 2019 FMLA is inside it, thus, it is being timed accordingly. Lets not forget the electronic systems to be in place at the Borders and the GOI. They need to fire once they decide to go international or expose a new exchange rate. They will need to be transparent. Thus, we see the adjustments being made to personnel at 8-9 key places. They include the CBI. All still looks very promising...imo.
9-16-2020 Intel Guru Bruce let’s start off with where are we?? Where the heck are we?? Laughing – We are waiting...gathering intel...until...it is our time to go and exchange...I can tell you this – we were looking for something to happen for us as soon as today [Tuesday] – from a major bank...we do know some things are happening and definitely happening behind the scenes that we can sort of talk about...we were told we were...told consider Wednesday – Thursday and Friday - and possibly into the weekend...We had one of the individuals that works for a major bank said he was positive that this was going to go - sometime this week but we didn’t have a specific date... we are just going to have to see when it’s going to be our turn to tee off...
9-16-2020 Intel Guru MarkZ [Some sources say only .47 cents for the dong….] Different sources…banking sources all have different thoughts…even at that rate it sure beats a lottery ticket for what we bought it for.
9-16-2020 Newshound Guru Mnt Goat "AFTER THE APPOINTMENT OF A NEW GOVERNOR OF THE CENTRAL BANK … THE VICE-RELATIONSHIP REQUESTS RETIREMENT, AND THE GENERAL MANAGER APPLIES FOR A ONE-YEAR LEAVE" so what does this mean for us and our investment in the dinar? It means we are one step closer. We have been looking for this move all along...Will the new governor Al-Kitab support doing the project to delete the zeros? Will he support moving to a float on FOREX? We wait and see. I think this move is indicative of what must happen and the answer is YES,YES and YES! It is just a matter of time now…
9-16-2020 Newshound Guru Adam Montana ...some articles...that focus on HCL (article 140/HCL/etc)... Quotes: "there is an agreement between Baghdad and Erbil to resolve all pending issues, and for the constitution to be the rule, and a phased agreement was obtained from 3 months until the end of 2020, and we intend to conclude a new agreement to be implemented under the 2021 budget."; "...it is possible to reach consensus formulas regarding the federal government's authority over border crossings and disputed areas, and the oil and gas law," this is undeniably exciting! The Budget, Article 140, HCL - those are all tied together, and it's basically ALL we need for Iraq to increase their value...Seriously! IT DOES NOT GET MUCH BETTER!!!
9-16-2020 Newshound Guru Pimpy ...I absolutely believe soon or later the Iraqi dinar will experience a rate change. For me it's not a matter of if it's just a matter of when. But that's just my opinion. There's many reasons for me to believe that and I share them with you...now I get it. You guys are going, 'wait a minute we were told something's going to happen on the 15th.' Yeah here's the funny thing. I was told that too by so-called insiders...don't listen to people like that. When they say they got insider information don't automatically assume that they got legitimate insider information...the best that we could do is make an intelligent decision based on the information that we see...no body knows when these things are gonna happen but they're gonna happen. Hang tight. Think positive.
9-16-2020 Newshound/Intel Guru Mnt Goat ...We know that Iraq under Trump now has the full backing of the US and this is what we have waiting so long to hear... Trump surely sees the great economic potential for US companies and is trying to honestly address the issues that hurt and prevent them from investing in Iraq, then harvest the benefits...we hear news of Trump visiting Iraq later this week...
9-16-2020 Intel Guru MarkZ ...I am trying to find out what is happening with the timing…the news is all over this week and not making a lot of sense...I have government sources who still say we are looking at this week...Stay grounded and look at the fundamentals…There are a crap ton of rumors out there...Most of my top connected sources have said that they have agreed to a set schedule…we are just guessing at that schedule...We do not know and there is a reason for that. They have compartmentalized this thing….they have to for security reasons...I don’t think the can has been kicked…just our news is flawed...So for better or for worse- that is the news.
9-16-2020 Newshound Guru Jeff ...this is just amazing Article "Al-Abadi's coalition express its support for Al-Kazemi's changes in administrative positions". This is a really good article. Let's look down to the highlights Quote: "The changes made by Prime Minister Kazemi yesterday on Monday were necessary in order to complete the reform process." This one is awesome quote "In the coming days may witness new changes according to the government's policy of conducting comprehensive political and economic reform..." Lots of amazing news...
9-16-2020 Newshound/Intel Guru Mnt Goat Article: "THE INDEPENDENT: IRAQ HAS NO CHOICE BUT TO TAKE AUSTERITY MEASURES OR FLOAT THE CURRENCY" The...article is telling us they really have no choice but to now FLOAT their currency and end these currency auctions. Will they? ...we wait to see just what they decide to do. If they decide to FLOAT they will have to RV to at least around a 1.00 then do the project to delete the zeros. Then soon move to FOREX on the planned float. This is when we go to the bank….
9-16-2020 Intel Guru MarkZ [Some sources say only .47 cents for the dong….] Different sources…banking sources all have different thoughts…even at that rate it sure beats a lottery ticket for what we bought it for.
9-16-2020 Newshound Guru Mnt Goat "AFTER THE APPOINTMENT OF A NEW GOVERNOR OF THE CENTRAL BANK … THE VICE-RELATIONSHIP REQUESTS RETIREMENT, AND THE GENERAL MANAGER APPLIES FOR A ONE-YEAR LEAVE" so what does this mean for us and our investment in the dinar? It means we are one step closer. We have been looking for this move all along...Will the new governor Al-Kitab support doing the project to delete the zeros? Will he support moving to a float on FOREX? We wait and see. I think this move is indicative of what must happen and the answer is YES,YES and YES! It is just a matter of time now…
9-16-2020 Newshound Guru Adam Montana ...some articles...that focus on HCL (article 140/HCL/etc)... Quotes: "there is an agreement between Baghdad and Erbil to resolve all pending issues, and for the constitution to be the rule, and a phased agreement was obtained from 3 months until the end of 2020, and we intend to conclude a new agreement to be implemented under the 2021 budget."; "...it is possible to reach consensus formulas regarding the federal government's authority over border crossings and disputed areas, and the oil and gas law," this is undeniably exciting! The Budget, Article 140, HCL - those are all tied together, and it's basically ALL we need for Iraq to increase their value...Seriously! IT DOES NOT GET MUCH BETTER!!!
9-16-2020 Newshound Guru Pimpy ...I absolutely believe soon or later the Iraqi dinar will experience a rate change. For me it's not a matter of if it's just a matter of when. But that's just my opinion. There's many reasons for me to believe that and I share them with you...now I get it. You guys are going, 'wait a minute we were told something's going to happen on the 15th.' Yeah here's the funny thing. I was told that too by so-called insiders...don't listen to people like that. When they say they got insider information don't automatically assume that they got legitimate insider information...the best that we could do is make an intelligent decision based on the information that we see...no body knows when these things are gonna happen but they're gonna happen. Hang tight. Think positive.
9-16-2020 Newshound/Intel Guru Mnt Goat ...We know that Iraq under Trump now has the full backing of the US and this is what we have waiting so long to hear... Trump surely sees the great economic potential for US companies and is trying to honestly address the issues that hurt and prevent them from investing in Iraq, then harvest the benefits...we hear news of Trump visiting Iraq later this week...
9-16-2020 Intel Guru MarkZ ...I am trying to find out what is happening with the timing…the news is all over this week and not making a lot of sense...I have government sources who still say we are looking at this week...Stay grounded and look at the fundamentals…There are a crap ton of rumors out there...Most of my top connected sources have said that they have agreed to a set schedule…we are just guessing at that schedule...We do not know and there is a reason for that. They have compartmentalized this thing….they have to for security reasons...I don’t think the can has been kicked…just our news is flawed...So for better or for worse- that is the news.
9-16-2020 Newshound Guru Jeff ...this is just amazing Article "Al-Abadi's coalition express its support for Al-Kazemi's changes in administrative positions". This is a really good article. Let's look down to the highlights Quote: "The changes made by Prime Minister Kazemi yesterday on Monday were necessary in order to complete the reform process." This one is awesome quote "In the coming days may witness new changes according to the government's policy of conducting comprehensive political and economic reform..." Lots of amazing news...
9-16-2020 Newshound/Intel Guru Mnt Goat Article: "THE INDEPENDENT: IRAQ HAS NO CHOICE BUT TO TAKE AUSTERITY MEASURES OR FLOAT THE CURRENCY" The...article is telling us they really have no choice but to now FLOAT their currency and end these currency auctions. Will they? ...we wait to see just what they decide to do. If they decide to FLOAT they will have to RV to at least around a 1.00 then do the project to delete the zeros. Then soon move to FOREX on the planned float. This is when we go to the bank….
9-14-2020 *** Dinar Guru News Flash *** News articles out of Iraq are indicating Iraq's Prime Minister Al-Kazemi has appointed a new Central Bank of Iraq governor. Stay tuned as the gurus chime in on what impact this major appointment will have on the dinar and the timing of a possible RV/rate change. The latest gurus posts will continue below...
9-15-2020 Intel Guru Frank26 ...The next thing we should see is Kazemi dissolving parliament because he's already replacing all the political positions...now they're all scrambling. You know, turn the lights on and the cockroaches run...Maliki is in Iran and he's looking for a home...Maliki is a man without a country...he [Kazemi] is replacing ministers let and right...
9-15-2020 Newshound/Intel Guru Mnt Goat We also heard just recently that the governor position is up for grabs too and it is just a matter of time before they select and announce the new director. Then on Monday this announcement came out and I quote: “after the appointment of a new governor of the central bank … earlier in the day, prime minister Mustafa al-Kazemi made changes to senior positions, the most prominent of which was the appointment of Mustafa Ghaleb al-Kitab as governor of the central bank instead of the previous governor, Ali al-Alaq." This is WOW news! ...If these events were a piece of clay, we would see them molding Iraq into the necessary reforms that need to take place and get us to the bank... [post 2 of 2]
9-15-2020 Newshound/Intel Guru Mnt Goat Ours news today is extraordinary. It is all very good…finally! So, last week the new finance minister Allawi under al-Kazemi came out and told us they must revisit the exchange rate of the dinar. This week we hear from a British economists telling Iraq they only have two alternatives to survive: either to drastically cut expenditures or put their currency on a float and let the market drive it. This is their survival. Then again this period also, other Iraqi economists and financial experts also talked about the currency auction corruption. Then we hear the CBI deny it all. Amazingly enough then we get an article soon afterwards telling us that al-Kazemi is making many drastic changes in high level personnel positions in the CBI. Go figure? [post 1 of 2....stay tuned]
9-15-2020 Intel Guru Frank26 ...we got a date and a rate. IMO it's in the white papers and President Trump and Kazemi both talked about it...IMO they said we've got everything done...Donald Trump and Kazemi came up with plans about the new exchange rate and about the date of announcing the new exchange rate...I know they're going to raise the value of the currency...the investors are gonna start pouring in very soon now...this month...Oh my gosh the money that they're going to make is amazing...
9-15-2020 Intel Guru MarkZ ...Lots of expectation and anticipation. I think there is a lot of sitting and waiting for that big “Phone call”...There are a lot of confident folks…bankers, attorneys...They are hearing the shoe drops today as far as news …We are expecting a week full of news and movement. I am told to expect some very big news days this week…We are really close…
9-15-2020 Newshound/Intel Guru Petra ...we got the new director of the Iraqi Trade Bank of Iraq...Kazemi replaced him. We now have a new chairman for the National Investment commission. We have a new Chairman of the Securities Commission. We've got a new Deputy of Operations for the Iraqi National Intelligence Service. We got the new Chairman of the Integrity Commission. All these people have to do with finance and law and enforcing law. But to replace every single financial leadership position in the country [Other than two banks]...talk about excitement. People have got to be ecstatic that he has basically come in here and changed every single person that has anything to do with finance in the that country. I have got to believe that was a requirement from the Fab 4...I'm very very excited about what's happening. It's all happened so quickly. And we're still within the 30-day timeline of when Kazemi was in the U.S. All this has happened in less than 30 days...it keeps getting better.
9-15-2020 Newshound Guru Adam Montana They [Iraq] put a lot of effort, time, and money into protecting a currency that isn't worth much... why would they do that? Answer: Because the current value is not permanent.
9-15-2020 Intel Guru Footforward [Looks like they did change the cbi governor. Alak has been replaced. Looks like about 8 others were replaced by al Khazemi as well.] ...Alak wasn't the hold up. They just needed a change culture wise in the CBI. It's had gotten stale. It helps to have him out but this one thing will not cause the RV to suddenly happen...
9-15-2020 Newshound/Intel Guru Mnt Goat We also heard just recently that the governor position is up for grabs too and it is just a matter of time before they select and announce the new director. Then on Monday this announcement came out and I quote: “after the appointment of a new governor of the central bank … earlier in the day, prime minister Mustafa al-Kazemi made changes to senior positions, the most prominent of which was the appointment of Mustafa Ghaleb al-Kitab as governor of the central bank instead of the previous governor, Ali al-Alaq." This is WOW news! ...If these events were a piece of clay, we would see them molding Iraq into the necessary reforms that need to take place and get us to the bank... [post 2 of 2]
9-15-2020 Newshound/Intel Guru Mnt Goat Ours news today is extraordinary. It is all very good…finally! So, last week the new finance minister Allawi under al-Kazemi came out and told us they must revisit the exchange rate of the dinar. This week we hear from a British economists telling Iraq they only have two alternatives to survive: either to drastically cut expenditures or put their currency on a float and let the market drive it. This is their survival. Then again this period also, other Iraqi economists and financial experts also talked about the currency auction corruption. Then we hear the CBI deny it all. Amazingly enough then we get an article soon afterwards telling us that al-Kazemi is making many drastic changes in high level personnel positions in the CBI. Go figure? [post 1 of 2....stay tuned]
9-15-2020 Intel Guru Frank26 ...we got a date and a rate. IMO it's in the white papers and President Trump and Kazemi both talked about it...IMO they said we've got everything done...Donald Trump and Kazemi came up with plans about the new exchange rate and about the date of announcing the new exchange rate...I know they're going to raise the value of the currency...the investors are gonna start pouring in very soon now...this month...Oh my gosh the money that they're going to make is amazing...
9-15-2020 Intel Guru MarkZ ...Lots of expectation and anticipation. I think there is a lot of sitting and waiting for that big “Phone call”...There are a lot of confident folks…bankers, attorneys...They are hearing the shoe drops today as far as news …We are expecting a week full of news and movement. I am told to expect some very big news days this week…We are really close…
9-15-2020 Newshound/Intel Guru Petra ...we got the new director of the Iraqi Trade Bank of Iraq...Kazemi replaced him. We now have a new chairman for the National Investment commission. We have a new Chairman of the Securities Commission. We've got a new Deputy of Operations for the Iraqi National Intelligence Service. We got the new Chairman of the Integrity Commission. All these people have to do with finance and law and enforcing law. But to replace every single financial leadership position in the country [Other than two banks]...talk about excitement. People have got to be ecstatic that he has basically come in here and changed every single person that has anything to do with finance in the that country. I have got to believe that was a requirement from the Fab 4...I'm very very excited about what's happening. It's all happened so quickly. And we're still within the 30-day timeline of when Kazemi was in the U.S. All this has happened in less than 30 days...it keeps getting better.
9-15-2020 Newshound Guru Adam Montana They [Iraq] put a lot of effort, time, and money into protecting a currency that isn't worth much... why would they do that? Answer: Because the current value is not permanent.
9-15-2020 Intel Guru Footforward [Looks like they did change the cbi governor. Alak has been replaced. Looks like about 8 others were replaced by al Khazemi as well.] ...Alak wasn't the hold up. They just needed a change culture wise in the CBI. It's had gotten stale. It helps to have him out but this one thing will not cause the RV to suddenly happen...
9-14-2020 Newshound Guru Jeff ...the period you're in is red hot...My opinion is I think they're going to change the rate for Iraq on Sunday morning of 9-20... everything's right on track moving in the right direction...you are in the hottest time frame of this investment that you've ever been in right now. It could not be any better or look any better.
9-14-2020 Newshound Guru Pimpy ...as usual Al-Kazemi looking like a superstar. Remember when he first got into office he had made a comment to removing and replacing about 1,000 senior positions there. Really draining the Iraqi swamp...this seems to be happening. Article: "The first Sunni comment on A-Kazemi's incursion into the ranks of the "deep state" Yeah, he's draining the swamp...I feel very positive about this...I'm excited about it.
9-14-2020 Newshound Guru Kaperoni It is confirmed...Ali al-Alaq is out as CBI Governor. New CBI Governor is Mustafa Ghaleb...
9-14-2020 Newshound Guru MilitiaMan ...We know the goal is to go to a social market economy. A Market economy is free to trade across borders. A program rate doesn't get into the free markets. But, an international rate does get them into a market economy...Where they can borrow in effect from themselves with leverage from the value of the new exchange rate/currency. Just as the IMF and World Bank have told them. We see a clear theme lately that is pointing to that Iraq is backed into a corner. They have no liquidity to pay salaries and they tell us they have two choices...Austerity or float the currency. ...So from the looks of things the cards will be on the table soon enough to see if any of this is pertinent or not. My bet is what is in print supports they will see the reforms through now...The solutions is to raise the value (financing by inflation) and floating the currency. imo.
9-14-2020 Intel Guru MarkZ [via PDK] Iraqi sources are pretty confident that they will get a new rate this week. All the chatter everywhere is excellent. I am getting a lot of chatter that things start here tomorrow in the US and all over the world for the redemption process...Chatter has been exceptionally good for positioning to start this week. [How confident about exchanging this week?] As long as everything continues to move forward I feel it will be late in the week…
9-14-2020 Newshound Guru Jeff We have some very amazing news that I'm shocked to see...it's good. Article: "The first Sunni comment on Al-Kazemi's incursion into the ranks of the "deep state" Quote: "...Prim Minister Kazemi made major changes in a number of government position most notably the Central Bank Governor of Iraq..." ...the original Central Bank governor was only a proxy. He was temporary. There was some theory that we might need to see a new Central Bank Governor before the rate could change and there you go...has now officially happened...as you see they're cleaning house, making a lot of changes right now. That's good.
9-14-2020 Newshound Guru Kaperoni There is a lot of talk in the media about the government submitting the economic reform law by the end of month to parliament. This is an important law and we need to watch closely to see if there is anything on it regarding currency reform.
9-14-2020 Newshound Guru Jeff ...Iraq can only pay [contracts with the Iraqi dinar]. For example I told you that they signed that contract with GE for 1.2 Billion dollars. Because of Article VIII Iraq can only make payment with their currency - the dinar. They cannot use the US dollar. So in order for them to make payments... their currency has to be internationally recognized. GE is not going to accept payment with a non-internationally recognized currency. So anybody receiving payment from Iraq, the Iraqi dinar must be internationally recognized to receive those payments...
9-14-2020 Newshound Guru Pimpy ...as usual Al-Kazemi looking like a superstar. Remember when he first got into office he had made a comment to removing and replacing about 1,000 senior positions there. Really draining the Iraqi swamp...this seems to be happening. Article: "The first Sunni comment on A-Kazemi's incursion into the ranks of the "deep state" Yeah, he's draining the swamp...I feel very positive about this...I'm excited about it.
9-14-2020 Newshound Guru Kaperoni It is confirmed...Ali al-Alaq is out as CBI Governor. New CBI Governor is Mustafa Ghaleb...
9-14-2020 Newshound Guru MilitiaMan ...We know the goal is to go to a social market economy. A Market economy is free to trade across borders. A program rate doesn't get into the free markets. But, an international rate does get them into a market economy...Where they can borrow in effect from themselves with leverage from the value of the new exchange rate/currency. Just as the IMF and World Bank have told them. We see a clear theme lately that is pointing to that Iraq is backed into a corner. They have no liquidity to pay salaries and they tell us they have two choices...Austerity or float the currency. ...So from the looks of things the cards will be on the table soon enough to see if any of this is pertinent or not. My bet is what is in print supports they will see the reforms through now...The solutions is to raise the value (financing by inflation) and floating the currency. imo.
9-14-2020 Intel Guru MarkZ [via PDK] Iraqi sources are pretty confident that they will get a new rate this week. All the chatter everywhere is excellent. I am getting a lot of chatter that things start here tomorrow in the US and all over the world for the redemption process...Chatter has been exceptionally good for positioning to start this week. [How confident about exchanging this week?] As long as everything continues to move forward I feel it will be late in the week…
9-14-2020 Newshound Guru Jeff We have some very amazing news that I'm shocked to see...it's good. Article: "The first Sunni comment on Al-Kazemi's incursion into the ranks of the "deep state" Quote: "...Prim Minister Kazemi made major changes in a number of government position most notably the Central Bank Governor of Iraq..." ...the original Central Bank governor was only a proxy. He was temporary. There was some theory that we might need to see a new Central Bank Governor before the rate could change and there you go...has now officially happened...as you see they're cleaning house, making a lot of changes right now. That's good.
9-14-2020 Newshound Guru Kaperoni There is a lot of talk in the media about the government submitting the economic reform law by the end of month to parliament. This is an important law and we need to watch closely to see if there is anything on it regarding currency reform.
9-14-2020 Newshound Guru Jeff ...Iraq can only pay [contracts with the Iraqi dinar]. For example I told you that they signed that contract with GE for 1.2 Billion dollars. Because of Article VIII Iraq can only make payment with their currency - the dinar. They cannot use the US dollar. So in order for them to make payments... their currency has to be internationally recognized. GE is not going to accept payment with a non-internationally recognized currency. So anybody receiving payment from Iraq, the Iraqi dinar must be internationally recognized to receive those payments...
9-13-2020 Newshound Guru MilitiaMan We see that in...articles that are out lately that the reform papers and budgets are being talked about. They talk about not only the 2019, 2020 and 2021. They will not hopscotch around any of them... They are to be in-sync and in order. They feed off each other. The Finance Minister has shown the 2020 Draft to the parliament days ago. The draft has the exchange rate at a program rate, as it has been not voted on it yet, a not normal thing at all. But they tell us that the budget can be changed or delayed. In other words the 2020 budget can be amended. I believe there is support that it will be amended away from a program rate. Because, they are not able to borrow at a program rate or they would have already. They have exhausted all avenues with the IMF, WB, countries, etc...imo...
9-13-2020 Newshound Guru Jeff Why is Iraq in the process of approving a 3-year budget? Why 3? Why no just the '21 budget? It's because of the reforms. They told you the reforms can only be implemented in stages and phases. So they can only implement the reforms over an extended period of time. They're showing you they're starting the reforms in this year of 2020 - in the second half of the year...they're going to span the reforms over almost a 4-year period...from 2020 through '23...
9-13-2020 Newshound/Intel Guru Mnt Goat Article: "The Independent: Iraq has no choice but to take austerity measures or float the currency" Finally!!! We have some news we wanted to hear for almost a year now. Yes, this is HUGE and WOW...news for us.
9-13-2020 Newshound Guru Jeff ...there is no rate inside the budget...because the reforms are in the budget that makes the budget married to the rate change. Because the reforms require the currency to become internationally recognized... that's whey the budget is married to the rate change. That's also why the reforms are inside the budget, that makes everything married to the rate change and dependent on the rate change. They're showing you that they couldn't implement these reforms and push forward with them until the currency is internationally recognized...that's what we're waiting for...
9-13-2020 Newshound Guru Pimpy Article: "Iraqi Politician Calls For Normalization of Ties with Israel" ...more possible peace in the Middle East...now Iraq politicians are indeed wanting to normalize ties with Israel...you're gonna see more of this. More and more. Then of course the media is going to keep trying to find ways to keep you distracted from all the great things that Trump has done...who does not want peace? ...I would love to see peace in the Middle East. I would love to see them flourish. I really would. I want to go there and visit.
9-13-2020 Newshound Guru Jeff Why is Iraq in the process of approving a 3-year budget? Why 3? Why no just the '21 budget? It's because of the reforms. They told you the reforms can only be implemented in stages and phases. So they can only implement the reforms over an extended period of time. They're showing you they're starting the reforms in this year of 2020 - in the second half of the year...they're going to span the reforms over almost a 4-year period...from 2020 through '23...
9-13-2020 Newshound/Intel Guru Mnt Goat Article: "The Independent: Iraq has no choice but to take austerity measures or float the currency" Finally!!! We have some news we wanted to hear for almost a year now. Yes, this is HUGE and WOW...news for us.
9-13-2020 Newshound Guru Jeff ...there is no rate inside the budget...because the reforms are in the budget that makes the budget married to the rate change. Because the reforms require the currency to become internationally recognized... that's whey the budget is married to the rate change. That's also why the reforms are inside the budget, that makes everything married to the rate change and dependent on the rate change. They're showing you that they couldn't implement these reforms and push forward with them until the currency is internationally recognized...that's what we're waiting for...
9-13-2020 Newshound Guru Pimpy Article: "Iraqi Politician Calls For Normalization of Ties with Israel" ...more possible peace in the Middle East...now Iraq politicians are indeed wanting to normalize ties with Israel...you're gonna see more of this. More and more. Then of course the media is going to keep trying to find ways to keep you distracted from all the great things that Trump has done...who does not want peace? ...I would love to see peace in the Middle East. I would love to see them flourish. I really would. I want to go there and visit.
9-12-2020 Intel Guru Bruce [via WiserNow] ...Trump is very much looking forward to this being over...I believe that it puts us...in a situation to look very strongly toward this coming Tuesday for us...So we’re moving along – it’s coming – The SWIFT system worked to catch some bad guys – everything is like it should be - President Trump was I think pretty adamant about getting this thing started...
9-12-2020 Newshound Guru Adam Montana ... Iraq can base their figures and strategy and future on anything they want, even a new IPO "Iraqi Premium Oil", or anything they want. Somebody should ask Kazzammi if he has a copy of one of Bill Gates favorites - "How to Lie With Statistics". This is a fiat game, where everything is based on nothing more than arbitrary values, and Iraq knows this. When they want to move the value up, they will do so based on whatever market/stats/reasoning they want... and if it's preceded by a solid HCL move, they are not going to have a hard time selling it. Not hard, at all. Can. Not. Wait. It is coming.
9-12-2020 Newshound Guru Jeff Comment: "I've been hearing this since 2010, something always comes up to stop it..." This is the 1st time in Iraq's history they've ever been ready to change their rate...You can't delay something that's never been ready to happen...when you look back at this they never had stability. They've had corruption. They've had one of the most corrupt governments in the world...they've never had this level of stability...
9-12-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi, on the region's outlets: I have touched a positive atmosphere in Erbil, and this is in the service of the country" There you go!!! They are integrating the federal and regional governments that includes the border outlets. The amount of customs and tax revenues will be massive over time...It will be a mechanism that will help pay salaries and provide an environment that will decrease the need for borrowing. ...With the system integrated with block chain technology, they'll be able to know where the money is at all times and for what, from who and when...They are removing all obstacles that hinder trade exchange processes. That means they have now or will have the ability to move international capital at the borders to facilitate trade exchange. K and B's meeting has been a success from the looks of it...This article reeks of good times ahead!! imo. Once they get the Rate they can cross borders to the big time. imo.
9-12-2020 Intel Guru MarkZ [via PDK] [I heard Vietnam can’t RV because they are on the money manipulation list and until they are removed no RV for them?] My banker contacts disagree with that…i think that is more of the smoke here at the end.
9-12-2020 Newshound Guru Pimpy Article "Al-Kazemi arrives in Halabja" You're gonna see a lot of articles talking about Erbil and Baghdad trying to get things ironed out...we know what needs to be done. The only thing that's changing right now...is the atmosphere in the amount of cooperation going on between Erbil and Baghdad. We know this has to be ironed out...They can't go forward with the budget until they get this agreement knocked out...this has to happen very soon. We know that there's a deadline on the budget getting to parliamentary for it to be voted on...We also know they have to review the reform papers and decide whether or not they're going to make the changes recommended including the rate change and implement it into the 2021 budget...it looks like Al-Kazemi has rolled up his sleeves. He is over there with Bersani as well as Telebani and they're getting these things knocked out...
9-12-2020 Newshound Guru Kaperoni You might want to read up on how countries transition from peg to float...They do not RV first they simply change from peg to float. So when they decide, they will simply change and the rate starts at what it is at the time...which is 1190. ...Not once has has the CBI not done what the IMF said in 15 years I have been reviewing docs. Your a fool to think they would do otherwise. They have a charter to follow to remain members in the UN, IMF and WB. They cannot RV the dinar...ever with over 42 trillion sitting in mattresses...
9-12-2020 Intel Guru Bruce [via WiserNow] ...we were able to get a surge of information...So – here’s where we are...in terms of our timing – first of all – we did have a slight hold up... Just when we thought we were completely off of the SWIFT System - We are NOT off the Swift yet – it is still in use – or able to be used - for the remainder of this month...Why would they allow that system to run parallel to the QFS? Why would they let that happen? To catch the bad guys – that is exactly what they did today – This is why we were held up...this was global not just here – that is a very positive result that has occurred as a result of that...
9-12-2020 Newshound Guru Adam Montana ... Iraq can base their figures and strategy and future on anything they want, even a new IPO "Iraqi Premium Oil", or anything they want. Somebody should ask Kazzammi if he has a copy of one of Bill Gates favorites - "How to Lie With Statistics". This is a fiat game, where everything is based on nothing more than arbitrary values, and Iraq knows this. When they want to move the value up, they will do so based on whatever market/stats/reasoning they want... and if it's preceded by a solid HCL move, they are not going to have a hard time selling it. Not hard, at all. Can. Not. Wait. It is coming.
9-12-2020 Newshound Guru Jeff Comment: "I've been hearing this since 2010, something always comes up to stop it..." This is the 1st time in Iraq's history they've ever been ready to change their rate...You can't delay something that's never been ready to happen...when you look back at this they never had stability. They've had corruption. They've had one of the most corrupt governments in the world...they've never had this level of stability...
9-12-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi, on the region's outlets: I have touched a positive atmosphere in Erbil, and this is in the service of the country" There you go!!! They are integrating the federal and regional governments that includes the border outlets. The amount of customs and tax revenues will be massive over time...It will be a mechanism that will help pay salaries and provide an environment that will decrease the need for borrowing. ...With the system integrated with block chain technology, they'll be able to know where the money is at all times and for what, from who and when...They are removing all obstacles that hinder trade exchange processes. That means they have now or will have the ability to move international capital at the borders to facilitate trade exchange. K and B's meeting has been a success from the looks of it...This article reeks of good times ahead!! imo. Once they get the Rate they can cross borders to the big time. imo.
9-12-2020 Intel Guru MarkZ [via PDK] [I heard Vietnam can’t RV because they are on the money manipulation list and until they are removed no RV for them?] My banker contacts disagree with that…i think that is more of the smoke here at the end.
9-12-2020 Newshound Guru Pimpy Article "Al-Kazemi arrives in Halabja" You're gonna see a lot of articles talking about Erbil and Baghdad trying to get things ironed out...we know what needs to be done. The only thing that's changing right now...is the atmosphere in the amount of cooperation going on between Erbil and Baghdad. We know this has to be ironed out...They can't go forward with the budget until they get this agreement knocked out...this has to happen very soon. We know that there's a deadline on the budget getting to parliamentary for it to be voted on...We also know they have to review the reform papers and decide whether or not they're going to make the changes recommended including the rate change and implement it into the 2021 budget...it looks like Al-Kazemi has rolled up his sleeves. He is over there with Bersani as well as Telebani and they're getting these things knocked out...
9-12-2020 Newshound Guru Kaperoni You might want to read up on how countries transition from peg to float...They do not RV first they simply change from peg to float. So when they decide, they will simply change and the rate starts at what it is at the time...which is 1190. ...Not once has has the CBI not done what the IMF said in 15 years I have been reviewing docs. Your a fool to think they would do otherwise. They have a charter to follow to remain members in the UN, IMF and WB. They cannot RV the dinar...ever with over 42 trillion sitting in mattresses...
9-12-2020 Intel Guru Bruce [via WiserNow] ...we were able to get a surge of information...So – here’s where we are...in terms of our timing – first of all – we did have a slight hold up... Just when we thought we were completely off of the SWIFT System - We are NOT off the Swift yet – it is still in use – or able to be used - for the remainder of this month...Why would they allow that system to run parallel to the QFS? Why would they let that happen? To catch the bad guys – that is exactly what they did today – This is why we were held up...this was global not just here – that is a very positive result that has occurred as a result of that...
9-11-2020 Newshound Guru Pimpy ...there is a lot of buzz going on...but again when it comes to what's going on in Iraq you just never know...as I feared the news of the reform papers discussing a possible rate change has gotten many people out there talking about different rates. This is what I'm hoping you guys don't get caught up in...No body knows [the rate]...There are arguments for so many rates it's not even funny. I get bombarded with a lot of people asking me questions about the rates...It is exciting but don't get caught up in all the hype...the fact that you made an investment into a currency and a rate change happens and you benefit from it should make you happy. Don't get me wrong, all of us out there want to get that big payday. Who doesn't. But the point being people have...been down this path a bazillion times...Let this play out. There's a lot of reason to believe that finally finally this year something is going to happen...
9-11-2020 Newshound/Intel Guru Mnt Goat ...Security and stability are at the forefront of investment factors, as capital is looking for a secure and stable environment, a sophisticated banking system and a law that encourages investment away from blackmail, bureaucracy, red tape and corruption. Can Iraq do it? Many ask where is the RV. This is where the RV is going to come from. Read today’s news and ask yourself if Iraq is not moving aggressively in the right direction. The key is the word NOW versus as just talk as we have heard for almost a decade. Yes, they are NOW moving in the right direction as corruption is at a downturn and Iran is being moved out of the country with a roundup of the militias. Folks, the news could not get any better. It gets better and better each week.
9-11-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance expects a delay in disbursing salaries and warns against "implicating Iraq" with borrowings" Clearly they didn't get that 15 trillion Dinar loan they told us about. They are telling us there will be delays for a few days. Can't imagine why right? lol Kahdimi is in Kurd town through tomorrow. He is talking about major issues and from the sounds of it the most important have been hammered out and the minor issues are out to committees for follow up. Take note of the most important ones and then think about the next 2020 Budget at stake. They cannot borrow at a program rate.. But, they can go to the secondary market once they go to the IMF,s Article 8 compliance to 100%. imo...Article supports that there is to be a special meeting on the 2020 Budget early or at the start of next week. Well that is Sunday...They say in the above they may have delays for a few days...fits with the approval expected at the extraordinary meeting to come shortly... I think things are very hopeful. Lets see what happens...Imo...All good.
9-11-2020 Newshound Guru Adam Montana [It's easier to counterfeit US currency which means that Iraq put in a lot of effort to protect a currency that isn't worth much at the moment...but hopefully will be soon!...] They put a lot of effort, time, and money into protecting a currency that isn't worth much... why would they do that? Answer: Because the current value is not permanent.
9-11-2020 Intel Guru MarkZ [via PDK] ...Some are expecting things to happen today…some are expecting payouts by Tuesday at the latest. I am hearing from government sources – our government, other governments including one is Iraq that are squarely looking at the 15th. Some good chatter finally after a week of quiet.
9-11-2020 Newshound Guru Pimpy Article "Parliamentary Finance: The government's economic reform paper will be presented at the end of this September" ...those reform papers will be there by the end of this month. What does that mean? That means we really just gotta relax, take a deep breath and realize that we're already on the 10th day of this month. What are we about 3 weeks away from the end of the month? We will know a whole lot more by the end of the month...we are anticipating some very very interesting news by the end of this month.
9-11-2020 Newshound Guru Jeff Article "Parliamentary Finance: Budget 2020 will bring a boom in the Iraqi economy" This article pretty much is confirming that everything is rigged and has been set, planned and staged for quite some time...look at the date on this article - it's from June 29th 2019 last year... Quote: "The finance committee of the parliamentary, Saturday, their agreement with the Ministers of Finance to receive the draft budget next year in September, indicating that the budget 2020 will make a quantum leap in the Iraqi economy." Since June of last year they've had preparations to delay the budget until September of 2020...it doesn't get any better than that. Huge news...
9-11-2020 Newshound/Intel Guru Mnt Goat Let’s joggle our memories for a second. Remember too that under Dr. Shiini Shabibi, then governor of the Central Bank of Iraq, was more than willing to go complete the project to delete the zeros in late 2012 and then reinstate the dinar to FOREX in January of 2013. How could he then without a robust economy and demand for the dinar. I trust this expert and so maybe Iraq does not need so much this “robust economy” all...elude to. Remember that Iraq was much worst off then they are even today in 2020 then they were in 2012. This all tells us that it is not so much the economy that is needed but the end to the corruption and Iranian influence. This is called stability and security. [post 2 of 2]
9-11-2020 Newshound/Intel Guru Mnt Goat Many...gurus tell you that Iraq must first build a robust economy and create a demand for the dinar. But how does this happen if they keep Iraq in a sanction like isolation and status. It is time to break Iraq out of these sanctions and go global. We know it and they know it. So, what comes first the economy or the currency? Is the currency reform an important part to kick start the economy? Yes, it is. [post 1 of 2....stay tuned]
9-11-2020 Newshound/Intel Guru Mnt Goat ...Security and stability are at the forefront of investment factors, as capital is looking for a secure and stable environment, a sophisticated banking system and a law that encourages investment away from blackmail, bureaucracy, red tape and corruption. Can Iraq do it? Many ask where is the RV. This is where the RV is going to come from. Read today’s news and ask yourself if Iraq is not moving aggressively in the right direction. The key is the word NOW versus as just talk as we have heard for almost a decade. Yes, they are NOW moving in the right direction as corruption is at a downturn and Iran is being moved out of the country with a roundup of the militias. Folks, the news could not get any better. It gets better and better each week.
9-11-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance expects a delay in disbursing salaries and warns against "implicating Iraq" with borrowings" Clearly they didn't get that 15 trillion Dinar loan they told us about. They are telling us there will be delays for a few days. Can't imagine why right? lol Kahdimi is in Kurd town through tomorrow. He is talking about major issues and from the sounds of it the most important have been hammered out and the minor issues are out to committees for follow up. Take note of the most important ones and then think about the next 2020 Budget at stake. They cannot borrow at a program rate.. But, they can go to the secondary market once they go to the IMF,s Article 8 compliance to 100%. imo...Article supports that there is to be a special meeting on the 2020 Budget early or at the start of next week. Well that is Sunday...They say in the above they may have delays for a few days...fits with the approval expected at the extraordinary meeting to come shortly... I think things are very hopeful. Lets see what happens...Imo...All good.
9-11-2020 Newshound Guru Adam Montana [It's easier to counterfeit US currency which means that Iraq put in a lot of effort to protect a currency that isn't worth much at the moment...but hopefully will be soon!...] They put a lot of effort, time, and money into protecting a currency that isn't worth much... why would they do that? Answer: Because the current value is not permanent.
9-11-2020 Intel Guru MarkZ [via PDK] ...Some are expecting things to happen today…some are expecting payouts by Tuesday at the latest. I am hearing from government sources – our government, other governments including one is Iraq that are squarely looking at the 15th. Some good chatter finally after a week of quiet.
9-11-2020 Newshound Guru Pimpy Article "Parliamentary Finance: The government's economic reform paper will be presented at the end of this September" ...those reform papers will be there by the end of this month. What does that mean? That means we really just gotta relax, take a deep breath and realize that we're already on the 10th day of this month. What are we about 3 weeks away from the end of the month? We will know a whole lot more by the end of the month...we are anticipating some very very interesting news by the end of this month.
9-11-2020 Newshound Guru Jeff Article "Parliamentary Finance: Budget 2020 will bring a boom in the Iraqi economy" This article pretty much is confirming that everything is rigged and has been set, planned and staged for quite some time...look at the date on this article - it's from June 29th 2019 last year... Quote: "The finance committee of the parliamentary, Saturday, their agreement with the Ministers of Finance to receive the draft budget next year in September, indicating that the budget 2020 will make a quantum leap in the Iraqi economy." Since June of last year they've had preparations to delay the budget until September of 2020...it doesn't get any better than that. Huge news...
9-11-2020 Newshound/Intel Guru Mnt Goat Let’s joggle our memories for a second. Remember too that under Dr. Shiini Shabibi, then governor of the Central Bank of Iraq, was more than willing to go complete the project to delete the zeros in late 2012 and then reinstate the dinar to FOREX in January of 2013. How could he then without a robust economy and demand for the dinar. I trust this expert and so maybe Iraq does not need so much this “robust economy” all...elude to. Remember that Iraq was much worst off then they are even today in 2020 then they were in 2012. This all tells us that it is not so much the economy that is needed but the end to the corruption and Iranian influence. This is called stability and security. [post 2 of 2]
9-11-2020 Newshound/Intel Guru Mnt Goat Many...gurus tell you that Iraq must first build a robust economy and create a demand for the dinar. But how does this happen if they keep Iraq in a sanction like isolation and status. It is time to break Iraq out of these sanctions and go global. We know it and they know it. So, what comes first the economy or the currency? Is the currency reform an important part to kick start the economy? Yes, it is. [post 1 of 2....stay tuned]
9-10-2020 Intel Guru RayRen98 Iraqi TV is stating that the economic and financial reform papers will be presented to Parliament at the end of September. PM Al-Kadhimi's visit to Kurdistan was a key factor in relations between Kurdistan and Baghdad.
9-10-2020 Newshound/Intel Guru RVAlready I think Kazemi intends to bypass parliament on the RV, as they are mostly corrupt. He will send them a copy of the white paper to read, but that is all the power they will get. They will be voted out of office next year, and many arrested for corruption. IMO.
9-10-2020 Newshound Guru Pimpy ...nobody knows what the rate's gonna be. Nobody. I've had people approaching me about some of the most ridiculous things I've ever heard - $4.00, $5.00, $10.00 for the rate exchange...there are reason to speculate about a particular rate. I've used past articles. I've used past CBI meeting readings. I've used past discussions between the government about the rates that they have discussed to try to get an idea but nobody knows the rate. So you guys just slow down a little bit. I understand it's exciting. It is very exciting. We have not seen any kind of real discussion on anything to do with the dinar in quite some time but...they came out and said 'look one of the things that have to be taken into consideration is we have to do something about this rate so we could be competitive on an international scale' - for the record Pimpy said that months ago... [Post 2 of 2]
9-10-2020 Newshound Guru Pimpy ...I know yesterday's news was pretty exciting but...we need to just take a deep breath and slow down...Both budgets [2020 and 2021] are going to be submitted at the same time. Very very interesting...we saw the news article yesterday it was implied that a rate change must be considered in this paperwork...that doesn't mean anything other than it's being considered. Okay slow down a little bit. Like I said when we're investing don't get overly excited when it's good news and don't get overly down when it looks like negative news. There's reasons to be excited, plenty of reasons but I don't want people to get overly confident...that's important for us to say grounded. It's a low risk high reward situation but there's no guarantees on any investment... [Post 1 of 2....stay tuned]
9-10-2020 Newshound Guru Adam Montana Article: "The regional government delegation arrives in Baghdad to discuss the budget" ...a short summary: Budget, and HCL. There is a LOT of information in that...that is related to HCL. I mean...it's almost ALL HCL. Smothered in Budget sauce. And that is an amazing thing. ...wait in frustration, or patiently knowing what's coming... Iraq can do a lot to change how we remember this Year...GOOOOOO RRRRRRVVVVV!!!
9-10-2020 Newshound Guru Jeff Article: "Parliamentary Finance: The government's economic reform paper will be presented at the end of this September" ...If, I'm not saying they are...this is my opinion...if their plan is to change the rate in the month of September they cannot do it at the very end of September...they would have to do it more around September 20th and leave some wiggle room at the end of September...because they need to leave about 10 days around the end of September to work on the budget and...work on the reforms...
9-10-2020 Newshound Guru MilitiaMan They...tell us they have a session for (Thursday the 10th). Same day that PM Kadhimi is to be in the Kurds back yard for a meeting on important issues, oil and gas, customs and borders, etc.. Same day... that Al- Hakim is having think tanks gearing to talk about rebuilding the new social contract and rebuilding the state. Lets still keep in mind Kadimi, has a special session for the start of next week to approve the 2020 budget. Which is looking to be the next one on the table. imo. (Thursdays) session maybe be a very powerful one that could change the playing field. We shall see if it is a "September to Remember" but, it sure looks like a synchronization is in play now not in 2021, as they say "next" and that is now real close...imo. [post 2 of 2]
9-10-2020 Newshound Guru MilitiaMan Article: "The House of Representatives has finished reading two laws and addresses an oral question to the Finance and Planning Ministers" Quotes: "...to begin its implementation, in addition to the necessity to devise a real reform plan to address the delay in implementing projects..."; "...as well as knowing the value of the exchange rate specified in the next budget..." The picture they are painting (imo) is they are implementing the real reform plan. They are even going so far as to tell us that they will need the value of the exchange rate for the next budget. They have not resolved the next budget yet, that I am aware of? The next budget on the table is the 2020 budget leading into the 2021, imo. [post 1 of 2....stay tuned]
9-10-2020 Intel Guru MarkZ [via PDK] We have a lot of bankers…everybody sitting and ready. But no money movement yet...because of their position the bankers are all forced to be ready. They have no choice even though it seems like “The boy who cried wolf” but to be ready for when the release happens. Unfortunately its been an entire week of “Groundhog day”...We are all just waiting for the “go”... Waiting for the shoe to drop… The news out of Iraq is still very encouraging as they are on the brink of passing that final budget with an amount in it. There is a whole lot happening as we watch it all roll out.
9-10-2020 Newshound Guru Jeff ...I think a lot of the news is scripted and rigged. In other words they're much farther along than they're telling you the truth on. Notice how Kurdistan and Baghdad are now magically ready to reach a comprehensive agreement at the exact same time and almost the exact same week that they're ready to start the approval process of the budget. That's a little too coincidental...things are coming together too nicely at this point in time.
9-10-2020 Newshound Guru Adam Montana Time goes by, and we can be impatient with it...or we can know what is coming. Last week, I ended the Weekly update with a mention of how everything was going great, and there was no bad news. That continues this week... with the exception of OIL. The projected budget is based on $40 OIL, and WTI is currently sitting at $37.98 - but heading north again. Problem? I don't think so. This is the first dip we've seen in months, and it's not likely to last. In fact, the price trend should continue upwards. Not fast or drastic enough to hurt us terribly at the pump, but enough to inspire confidence and not scare anyone away from increasing the value of the dinar...
9-10-2020 Newshound Guru Pimpy Article: "The Minister of Finance stresses the necessity of reviewing the exchange of the dinar and reveals the size of the external debt" ...we don't know what the rate change is going to be we just know that the rate change is going to be part of the reform papers and it's going to be part of the 2021 budget...it looks like we're finally here. They're actually saying it. This is the first time we heard anything about exchange rates in quite some time....it looks like we have some kind of a window. It seems between now and the end of this year we will see something happen...
9-10-2020 Newshound/Intel Guru RVAlready I think Kazemi intends to bypass parliament on the RV, as they are mostly corrupt. He will send them a copy of the white paper to read, but that is all the power they will get. They will be voted out of office next year, and many arrested for corruption. IMO.
9-10-2020 Newshound Guru Pimpy ...nobody knows what the rate's gonna be. Nobody. I've had people approaching me about some of the most ridiculous things I've ever heard - $4.00, $5.00, $10.00 for the rate exchange...there are reason to speculate about a particular rate. I've used past articles. I've used past CBI meeting readings. I've used past discussions between the government about the rates that they have discussed to try to get an idea but nobody knows the rate. So you guys just slow down a little bit. I understand it's exciting. It is very exciting. We have not seen any kind of real discussion on anything to do with the dinar in quite some time but...they came out and said 'look one of the things that have to be taken into consideration is we have to do something about this rate so we could be competitive on an international scale' - for the record Pimpy said that months ago... [Post 2 of 2]
9-10-2020 Newshound Guru Pimpy ...I know yesterday's news was pretty exciting but...we need to just take a deep breath and slow down...Both budgets [2020 and 2021] are going to be submitted at the same time. Very very interesting...we saw the news article yesterday it was implied that a rate change must be considered in this paperwork...that doesn't mean anything other than it's being considered. Okay slow down a little bit. Like I said when we're investing don't get overly excited when it's good news and don't get overly down when it looks like negative news. There's reasons to be excited, plenty of reasons but I don't want people to get overly confident...that's important for us to say grounded. It's a low risk high reward situation but there's no guarantees on any investment... [Post 1 of 2....stay tuned]
9-10-2020 Newshound Guru Adam Montana Article: "The regional government delegation arrives in Baghdad to discuss the budget" ...a short summary: Budget, and HCL. There is a LOT of information in that...that is related to HCL. I mean...it's almost ALL HCL. Smothered in Budget sauce. And that is an amazing thing. ...wait in frustration, or patiently knowing what's coming... Iraq can do a lot to change how we remember this Year...GOOOOOO RRRRRRVVVVV!!!
9-10-2020 Newshound Guru Jeff Article: "Parliamentary Finance: The government's economic reform paper will be presented at the end of this September" ...If, I'm not saying they are...this is my opinion...if their plan is to change the rate in the month of September they cannot do it at the very end of September...they would have to do it more around September 20th and leave some wiggle room at the end of September...because they need to leave about 10 days around the end of September to work on the budget and...work on the reforms...
9-10-2020 Newshound Guru MilitiaMan They...tell us they have a session for (Thursday the 10th). Same day that PM Kadhimi is to be in the Kurds back yard for a meeting on important issues, oil and gas, customs and borders, etc.. Same day... that Al- Hakim is having think tanks gearing to talk about rebuilding the new social contract and rebuilding the state. Lets still keep in mind Kadimi, has a special session for the start of next week to approve the 2020 budget. Which is looking to be the next one on the table. imo. (Thursdays) session maybe be a very powerful one that could change the playing field. We shall see if it is a "September to Remember" but, it sure looks like a synchronization is in play now not in 2021, as they say "next" and that is now real close...imo. [post 2 of 2]
9-10-2020 Newshound Guru MilitiaMan Article: "The House of Representatives has finished reading two laws and addresses an oral question to the Finance and Planning Ministers" Quotes: "...to begin its implementation, in addition to the necessity to devise a real reform plan to address the delay in implementing projects..."; "...as well as knowing the value of the exchange rate specified in the next budget..." The picture they are painting (imo) is they are implementing the real reform plan. They are even going so far as to tell us that they will need the value of the exchange rate for the next budget. They have not resolved the next budget yet, that I am aware of? The next budget on the table is the 2020 budget leading into the 2021, imo. [post 1 of 2....stay tuned]
9-10-2020 Intel Guru MarkZ [via PDK] We have a lot of bankers…everybody sitting and ready. But no money movement yet...because of their position the bankers are all forced to be ready. They have no choice even though it seems like “The boy who cried wolf” but to be ready for when the release happens. Unfortunately its been an entire week of “Groundhog day”...We are all just waiting for the “go”... Waiting for the shoe to drop… The news out of Iraq is still very encouraging as they are on the brink of passing that final budget with an amount in it. There is a whole lot happening as we watch it all roll out.
9-10-2020 Newshound Guru Jeff ...I think a lot of the news is scripted and rigged. In other words they're much farther along than they're telling you the truth on. Notice how Kurdistan and Baghdad are now magically ready to reach a comprehensive agreement at the exact same time and almost the exact same week that they're ready to start the approval process of the budget. That's a little too coincidental...things are coming together too nicely at this point in time.
9-10-2020 Newshound Guru Adam Montana Time goes by, and we can be impatient with it...or we can know what is coming. Last week, I ended the Weekly update with a mention of how everything was going great, and there was no bad news. That continues this week... with the exception of OIL. The projected budget is based on $40 OIL, and WTI is currently sitting at $37.98 - but heading north again. Problem? I don't think so. This is the first dip we've seen in months, and it's not likely to last. In fact, the price trend should continue upwards. Not fast or drastic enough to hurt us terribly at the pump, but enough to inspire confidence and not scare anyone away from increasing the value of the dinar...
9-10-2020 Newshound Guru Pimpy Article: "The Minister of Finance stresses the necessity of reviewing the exchange of the dinar and reveals the size of the external debt" ...we don't know what the rate change is going to be we just know that the rate change is going to be part of the reform papers and it's going to be part of the 2021 budget...it looks like we're finally here. They're actually saying it. This is the first time we heard anything about exchange rates in quite some time....it looks like we have some kind of a window. It seems between now and the end of this year we will see something happen...
9-9-2020 Intel Guru Footforward Article: "Iraqi mp: 148 trillion dinars the size of the 2020 budget. And $40 a barrel of oil." basically talking about their budget and if they have to borrow more money they may go bankrupt. Meaning they need to add value to their currency.
9-9-2020 Intel Guru MarkZ [via PDK] Personally I am waiting on news out of Iraq directly. They were supposed to vote yesterday - now it looks like today they vote on actual budget figures. [What bearing does iraqs vote have on us and the RV? Will it hold things up?] No…I am looking at Iraq as a symptom. They will not vote to move forward until the RV/GCR is released. IMO They are just one of the earliest places to see something happening. I believe when the RV/GCR goes…they will be allowed to vote on their budget. No more holding them back.
9-9-2020 Intel Guru Bruce [via WiserNow] This is one of those times when it is not dead quiet but pretty quiet...when certain bankers are just told...to stay quiet...so it’s a little tougher to find and get the information that you and I are interested in – especially on timing...However - we did find some things out...high amounts of funds were being allocated to a number of accounts – that was on Saturday...The redemption center staff...have plans to go in tomorrow [Wednesday] with the full contingent of staff...we understand from one very high up wealth management advisory source that...we were looking very strong for tomorrow [Wednesday] ...it is not absolute...if it’s not just be prepared for the possibility of it still going this week...I know that we are on a day by day basis...I am going to suggest that we are very, very close...we know we have new rates on the screens - we know that we’ve got an opportunity to exchange at very high rates...
9-9-2020 Newshound Guru Pimpy I know a lot of you been told that the 2020 budget has the new rate change. It's the 2021 budget that looks like it's going to have the new rate change. See the 2020 budget must be hammered out now... Article: "Under the dome of parliament the Minister of Finance discloses the reason for the delay in the reform paper" ...reform papers are going to be submitted at the end of September and in the reform papers there's going to be the new rate change. So see the 2020 budget will not have a rate change. The 2021 budget will...man there is a lot of things happening between now and the end of this year...It looks like Iraq is finally going to pull the trigger on this rate change. How much it is we don't know...
9-9-2020 Newshound Guru Jeff I've been in this since 2009...name a year when they've ever delayed a budget by half a year. Iraq had no reason to delay this budget. The Council of Ministers had the budget approved in early December of last year ready to pass to parliament but they didn't. Now ask yourself Why? The reason why they had to delay the budget was very simple - because the budget had reforms in it. Those are post rate change items. They had to delay the budget because it's married to the rate change...they've never approved a budget in the middle of a year before. This is the first time. I've never had a budget go past the month of March...Iraq is showing their hand...it's just amazing...
9-9-2020 Newshound/Intel Guru RVAlready "Iraq's Finance Minister is on TV declaring the review of the value of the dinar is critical and should be done expeditiously." Finally, the PM publicly calls for the RV quickly!!! Remember, the RV stops the auctions and stops a lot of the funds theft. Otherwise, it would have been done long ago.
9-9-2020 Intel Guru MarkZ [via PDK] A lot of people standing by with great anticipation...Most of my sources still say this is our week for things to roll and for money to actually move into people’s pockets. We are still in a great spot…in a great window watching things happen. Try to stay calm and grounded as we go through this here at the end...
9-9-2020 Newshound/Intel Guru Mnt Goat Today’s news is all about going international in general terms for trade. They did not talk about the currency so much. However, Iraq needs to begin trading with the international community and not just close neighbors. To do this they will need to be part of the WTO (world trade organization). The WTO has used terms like “fast tracking” Iraq to the WTO. Their next major meeting with Iraq in in early November. Do they need a tradable currency on FOREX to join the WTO? The answer is YES. How else will countries convert their currency rates to Iraqi dinar rates? ...all the articles are telling us today that Iraq is moving quickly in the right direction...
9-9-2020 Newshound Guru Pimpy ...there are some key things happening that we need to fall into place. We're keeping an eye on this...there's a lot of stalling going on in the government when it comes to the budgets of financing which is very interesting...
9-9-2020 Newshound Guru Adam Montana Article quote: "The visit of the regional government delegation headed by Talabani to Baghdad has been postponed until Monday or Tuesday of this week." [If Erbil doesn't reach a deal with this Iraqi government they never will.] This is the best GOI we have ever witnessed - one of the reasons I believe that agreement, and the results, are coming. Soon. I don't use that word lightly!
9-9-2020 Intel Guru MarkZ [via PDK] Personally I am waiting on news out of Iraq directly. They were supposed to vote yesterday - now it looks like today they vote on actual budget figures. [What bearing does iraqs vote have on us and the RV? Will it hold things up?] No…I am looking at Iraq as a symptom. They will not vote to move forward until the RV/GCR is released. IMO They are just one of the earliest places to see something happening. I believe when the RV/GCR goes…they will be allowed to vote on their budget. No more holding them back.
9-9-2020 Intel Guru Bruce [via WiserNow] This is one of those times when it is not dead quiet but pretty quiet...when certain bankers are just told...to stay quiet...so it’s a little tougher to find and get the information that you and I are interested in – especially on timing...However - we did find some things out...high amounts of funds were being allocated to a number of accounts – that was on Saturday...The redemption center staff...have plans to go in tomorrow [Wednesday] with the full contingent of staff...we understand from one very high up wealth management advisory source that...we were looking very strong for tomorrow [Wednesday] ...it is not absolute...if it’s not just be prepared for the possibility of it still going this week...I know that we are on a day by day basis...I am going to suggest that we are very, very close...we know we have new rates on the screens - we know that we’ve got an opportunity to exchange at very high rates...
9-9-2020 Newshound Guru Pimpy I know a lot of you been told that the 2020 budget has the new rate change. It's the 2021 budget that looks like it's going to have the new rate change. See the 2020 budget must be hammered out now... Article: "Under the dome of parliament the Minister of Finance discloses the reason for the delay in the reform paper" ...reform papers are going to be submitted at the end of September and in the reform papers there's going to be the new rate change. So see the 2020 budget will not have a rate change. The 2021 budget will...man there is a lot of things happening between now and the end of this year...It looks like Iraq is finally going to pull the trigger on this rate change. How much it is we don't know...
9-9-2020 Newshound Guru Jeff I've been in this since 2009...name a year when they've ever delayed a budget by half a year. Iraq had no reason to delay this budget. The Council of Ministers had the budget approved in early December of last year ready to pass to parliament but they didn't. Now ask yourself Why? The reason why they had to delay the budget was very simple - because the budget had reforms in it. Those are post rate change items. They had to delay the budget because it's married to the rate change...they've never approved a budget in the middle of a year before. This is the first time. I've never had a budget go past the month of March...Iraq is showing their hand...it's just amazing...
9-9-2020 Newshound/Intel Guru RVAlready "Iraq's Finance Minister is on TV declaring the review of the value of the dinar is critical and should be done expeditiously." Finally, the PM publicly calls for the RV quickly!!! Remember, the RV stops the auctions and stops a lot of the funds theft. Otherwise, it would have been done long ago.
9-9-2020 Intel Guru MarkZ [via PDK] A lot of people standing by with great anticipation...Most of my sources still say this is our week for things to roll and for money to actually move into people’s pockets. We are still in a great spot…in a great window watching things happen. Try to stay calm and grounded as we go through this here at the end...
9-9-2020 Newshound/Intel Guru Mnt Goat Today’s news is all about going international in general terms for trade. They did not talk about the currency so much. However, Iraq needs to begin trading with the international community and not just close neighbors. To do this they will need to be part of the WTO (world trade organization). The WTO has used terms like “fast tracking” Iraq to the WTO. Their next major meeting with Iraq in in early November. Do they need a tradable currency on FOREX to join the WTO? The answer is YES. How else will countries convert their currency rates to Iraqi dinar rates? ...all the articles are telling us today that Iraq is moving quickly in the right direction...
9-9-2020 Newshound Guru Pimpy ...there are some key things happening that we need to fall into place. We're keeping an eye on this...there's a lot of stalling going on in the government when it comes to the budgets of financing which is very interesting...
9-9-2020 Newshound Guru Adam Montana Article quote: "The visit of the regional government delegation headed by Talabani to Baghdad has been postponed until Monday or Tuesday of this week." [If Erbil doesn't reach a deal with this Iraqi government they never will.] This is the best GOI we have ever witnessed - one of the reasons I believe that agreement, and the results, are coming. Soon. I don't use that word lightly!
9-8-2020 Intel Guru MarkZ [via PDK] I am desperately trying to get in touch with contacts in Iraq today to find out if they are going to pass the budget or have already passed the budget…If they do I just may be able to post that golden egg!!!
9-8-2020 Newshound Guru Jeff Article: "The Minister of Finance stresses the necessity of reviewing the exchange rate of the dinar and reveals the size of the external debt" ...this one has rate change written all over it...they're ready to change the rate that's why they're ready to show you a budget. It all boils down to reforms...they are looking to start the budget next week and submit the reforms to parliament for approval around the end of the month. It has everything to do with the rate change...when you see a budget you'll see the rate change. They go together.
9-8-2020 Newshound Guru Pimpy ...I know you guys are asking me, 'Hey isn't it true that the rate change is in the 2020 budget?' ...Who told you that? Seriously there's no indication of that whatsoever. It'd be nice if that were true - all of a sudden they passed the budget, BOOM there's a rate change. Who of us don't want that to happen? I'm just saying there's nothing out there written anywhere that this is true...What are we looking for? Tangible proof. Something that tells us that that is true.
9-8-2020 Intel Guru Delta Article: "The House of Representatives has finished reading two laws and addresses an oral question to the Finance and Planning Ministers" Quote: "...the importance of reviewing the exchange rate so that the Iraqi economy enters the circle of competition with the interest of the International Monetary Fund in the issue of the exchange rate..." NOW WE ARE TALKING...FINALLY...AWESOME NEWS...
9-8-2020 Intel Guru RayRen98 PM Al-Kadhimi announced a special session of Parliament next week (this week) to pass the 2020 budget. The Kurds returned to Baghdad to meet with the Finance Minister to finalize deals. This move is essential and anticipated for this week.
9-8-2020 Intel Guru MarkZ [via PDK] [I had a great friend who sent me news that Iraq passed their budget on Saturday…in iraqs paper.] if that is true we may be in the 10 days of silence while it is rolling out. The last update I had was that they were expected to vote on Tuesday or Wed. of this week.
9-8-2020 Intel Guru Footforward [Some are saying the budget is important for the RV and others are saying it has no significance.] the budget has no affect on the timing of the rv at all. For years now they have had two budgets ready to go. One with a new rate and one without. This year they have done the same thing. When the RV happens they will simply go to their shadow budget.
9-8-2020 Intel Guru MarkZ [via PDK] Very disappointing news so far this morning… In Asia and Europe they are still sitting on their hands…waiting for a release that has not happened yet. I am told that all eyes are on Reno right now for updates right now. It may be late afternoon before I get those updates. The one contact I did speak with there said that all is still on track and all still looks great. He said to watch this week...it’s going to be a very important week. I assume they are talking about the budget in Iraq…and waiting to see when they pass it...then they can say…yaaay its great we can now revalue. I believe it will be an interesting day or two as we watch the news unfold. They are convinced that it is indeed happening…and it has already started.
9-8-2020 Newshound Guru Kaperoni ...guru Mtn Goat says Iraq is trying to fast-track into the WTO. That might be but they've got nothing to export. Until that changes I doubt we'll see a accession into the WTO. There was an article about a year ago direct from the WTO talking about Iraq and they pretty much said until Iraq has a private sector it makes little or no sense to join. They need to reduce the dependency on oil first...
9-8-2020 Newshound Guru Jeff Article: "The Minister of Finance stresses the necessity of reviewing the exchange rate of the dinar and reveals the size of the external debt" ...this one has rate change written all over it...they're ready to change the rate that's why they're ready to show you a budget. It all boils down to reforms...they are looking to start the budget next week and submit the reforms to parliament for approval around the end of the month. It has everything to do with the rate change...when you see a budget you'll see the rate change. They go together.
9-8-2020 Newshound Guru Pimpy ...I know you guys are asking me, 'Hey isn't it true that the rate change is in the 2020 budget?' ...Who told you that? Seriously there's no indication of that whatsoever. It'd be nice if that were true - all of a sudden they passed the budget, BOOM there's a rate change. Who of us don't want that to happen? I'm just saying there's nothing out there written anywhere that this is true...What are we looking for? Tangible proof. Something that tells us that that is true.
9-8-2020 Intel Guru Delta Article: "The House of Representatives has finished reading two laws and addresses an oral question to the Finance and Planning Ministers" Quote: "...the importance of reviewing the exchange rate so that the Iraqi economy enters the circle of competition with the interest of the International Monetary Fund in the issue of the exchange rate..." NOW WE ARE TALKING...FINALLY...AWESOME NEWS...
9-8-2020 Intel Guru RayRen98 PM Al-Kadhimi announced a special session of Parliament next week (this week) to pass the 2020 budget. The Kurds returned to Baghdad to meet with the Finance Minister to finalize deals. This move is essential and anticipated for this week.
9-8-2020 Intel Guru MarkZ [via PDK] [I had a great friend who sent me news that Iraq passed their budget on Saturday…in iraqs paper.] if that is true we may be in the 10 days of silence while it is rolling out. The last update I had was that they were expected to vote on Tuesday or Wed. of this week.
9-8-2020 Intel Guru Footforward [Some are saying the budget is important for the RV and others are saying it has no significance.] the budget has no affect on the timing of the rv at all. For years now they have had two budgets ready to go. One with a new rate and one without. This year they have done the same thing. When the RV happens they will simply go to their shadow budget.
9-8-2020 Intel Guru MarkZ [via PDK] Very disappointing news so far this morning… In Asia and Europe they are still sitting on their hands…waiting for a release that has not happened yet. I am told that all eyes are on Reno right now for updates right now. It may be late afternoon before I get those updates. The one contact I did speak with there said that all is still on track and all still looks great. He said to watch this week...it’s going to be a very important week. I assume they are talking about the budget in Iraq…and waiting to see when they pass it...then they can say…yaaay its great we can now revalue. I believe it will be an interesting day or two as we watch the news unfold. They are convinced that it is indeed happening…and it has already started.
9-8-2020 Newshound Guru Kaperoni ...guru Mtn Goat says Iraq is trying to fast-track into the WTO. That might be but they've got nothing to export. Until that changes I doubt we'll see a accession into the WTO. There was an article about a year ago direct from the WTO talking about Iraq and they pretty much said until Iraq has a private sector it makes little or no sense to join. They need to reduce the dependency on oil first...
9-7-2020 Newshound Guru Adam Montana ...Our man Kazzammie continues to impress. Budgets and GOI and many more things lining up. The future is near! GOOO RRRVVV!!!
9-7-2020 Intel Guru Footforward [Does anyone have any Intel on the dong? Like did they print new lower denom notes?] there has been very little coming out of Vietnam sources. Almost like they are up to something they want few to know about.
9-7-2020 Intel Guru MarkZ [via PDK] All eyes are on this evening and overnight tonight...big expectations all around the banking world for tonight…All are looking for something to happen this evening...I have been unable to reach my in country Iraqi contacts. [Does this mean we will go tomorrow?] I wish I could tell you conclusively…most of my banking contacts believe that yes tomorrow will be the day we get announcements... We are daggone close.
9-7-2020 Intel Guru Footforward [VND was $1 USD in 1983] 50 cents would be extremely high. 1.00 is very unlikely. Even 25 cents for the dong would be extremely high. 1.00 would be nothing short of one of the greatest miracles in history. At 1.00 the dong would far out perform the dinar. And I believe the dinar will absolutely be the big winner in my opinion
9-7-2020 Newshound Guru Pimpy ...there's a lot of things happening in Iraq but you can almost sum it all up fairly shortly...a lot of it is redundant. It's what we've been watching for...It's still good news, I just don't want people to get immune to the good news...we're seeming more now than every. A lot more positive movement towards achieving our goals both long term and short term with Iraq....I thought 2019 was really kicking butt, no 2020 is way ahead of that ball game...
9-7-2020 Newshound Guru Kaperoni ...If the dinar is ever going to go up in value it's going to go up gradually over time. This is not me just suggesting that that is what the IMF says specifically told the CBI years ago during the Article IV Consultation.
9-7-2020 Intel Guru Footforward [Does anyone have any Intel on the dong? Like did they print new lower denom notes?] there has been very little coming out of Vietnam sources. Almost like they are up to something they want few to know about.
9-7-2020 Intel Guru MarkZ [via PDK] All eyes are on this evening and overnight tonight...big expectations all around the banking world for tonight…All are looking for something to happen this evening...I have been unable to reach my in country Iraqi contacts. [Does this mean we will go tomorrow?] I wish I could tell you conclusively…most of my banking contacts believe that yes tomorrow will be the day we get announcements... We are daggone close.
9-7-2020 Intel Guru Footforward [VND was $1 USD in 1983] 50 cents would be extremely high. 1.00 is very unlikely. Even 25 cents for the dong would be extremely high. 1.00 would be nothing short of one of the greatest miracles in history. At 1.00 the dong would far out perform the dinar. And I believe the dinar will absolutely be the big winner in my opinion
9-7-2020 Newshound Guru Pimpy ...there's a lot of things happening in Iraq but you can almost sum it all up fairly shortly...a lot of it is redundant. It's what we've been watching for...It's still good news, I just don't want people to get immune to the good news...we're seeming more now than every. A lot more positive movement towards achieving our goals both long term and short term with Iraq....I thought 2019 was really kicking butt, no 2020 is way ahead of that ball game...
9-7-2020 Newshound Guru Kaperoni ...If the dinar is ever going to go up in value it's going to go up gradually over time. This is not me just suggesting that that is what the IMF says specifically told the CBI years ago during the Article IV Consultation.
9-6-2020 Newshound/Intel Guru Mnt Goat Article: "Iraq is moving to join global trade" Quote: "...the importance of the country's assession to the World Trade Organization, which will help complete many reforms..." [...will this be a full accession or just a step up to working towards a full accession eventually?] Iraq wants full accession to WTO and WTO wants to FAST-TRACK them.
9-6-2020 Intel Guru Bruce [via WiserNow] ...one of the big benefits of the QFS is that it uses the unique signature that is created for each transaction – so that every transaction stands on its own and has its own security built in because of that...The good news is that did get installed...
9-6-2020 Newshound Guru Pimpy ...Al-Kazemi is definitely draining the Iraqi swamp. Article: "Al-Kazemi prepares for the start of the major battle with the corrupt" Remember one of the biggest things that had to be handled according to the U.N. and the United States in Iraq was something needs to be about the corruption. Here it is. It's starting...anybody and everybody is being investigated. If you're found to have been involved in some type of corruption, you're gone...Al-Kazemi crack-a-lack'n. Looks like they're really full steam ahead and on track. I'm really happy to see this...
9-6-2020 Intel Guru RayRen98 Weekend Update: Iraqi TV is broadcasting that the delegation from Kurdistan has changed their visit from Sunday to the middle of the week. The new governor of the CBI is expected to be announced soon. Some wealth managers are reportedly working throughout the day - accounts are anticipated being funded at any moment this weekend. The 2020 budget was referred to the Council of Ministers and then referred to the House of Representatives for approval. Without any changes, it was confirmed that this budget includes the bonuses and promotions for all employees and that it was the same budget that was prepared earlier.
9-6-2020 Intel Guru Footforward [...when the RV does happen for both dong and dinar, is there a timeframe to which we have to exchange the notes?] that hasn't been publicly released yet. I do expect there will be a certain window. But it will be sufficient for us to cash out.
9-6-2020 Newshound Guru Pimpy ...I can't help but feel there's a lot of things going on around the world. There seems to be some push - a lot of things trying to get accomplished and finished before October...gold and silver as well as foreign currencies, there seems to be this weird push everywhere to get things accomplished sometime in September so whatever's coming up in October, people are ready...
9-6-2020 Intel Guru Bruce [via WiserNow] ...one of the big benefits of the QFS is that it uses the unique signature that is created for each transaction – so that every transaction stands on its own and has its own security built in because of that...The good news is that did get installed...
9-6-2020 Newshound Guru Pimpy ...Al-Kazemi is definitely draining the Iraqi swamp. Article: "Al-Kazemi prepares for the start of the major battle with the corrupt" Remember one of the biggest things that had to be handled according to the U.N. and the United States in Iraq was something needs to be about the corruption. Here it is. It's starting...anybody and everybody is being investigated. If you're found to have been involved in some type of corruption, you're gone...Al-Kazemi crack-a-lack'n. Looks like they're really full steam ahead and on track. I'm really happy to see this...
9-6-2020 Intel Guru RayRen98 Weekend Update: Iraqi TV is broadcasting that the delegation from Kurdistan has changed their visit from Sunday to the middle of the week. The new governor of the CBI is expected to be announced soon. Some wealth managers are reportedly working throughout the day - accounts are anticipated being funded at any moment this weekend. The 2020 budget was referred to the Council of Ministers and then referred to the House of Representatives for approval. Without any changes, it was confirmed that this budget includes the bonuses and promotions for all employees and that it was the same budget that was prepared earlier.
9-6-2020 Intel Guru Footforward [...when the RV does happen for both dong and dinar, is there a timeframe to which we have to exchange the notes?] that hasn't been publicly released yet. I do expect there will be a certain window. But it will be sufficient for us to cash out.
9-6-2020 Newshound Guru Pimpy ...I can't help but feel there's a lot of things going on around the world. There seems to be some push - a lot of things trying to get accomplished and finished before October...gold and silver as well as foreign currencies, there seems to be this weird push everywhere to get things accomplished sometime in September so whatever's coming up in October, people are ready...
9-5-2020 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI: THERE ARE PARTIES WHO LIVE ON CHAOS, AND WE ARE WORKING HARD TO RESTORE THE PRESTIGE OF THE STATE" ...the governor of the CBI has told us many times in the past that this “prestige” does include bringing the value of the dinar to values of the past. The only way they can do this is by getting investors to buy the dinar and the only way they can do this with an RV’d rate is to get back on the currency exchanges (FOREX). We know that one of the demands of the protestors is to stop the currency auctions.
9-5-2020 Intel Guru MarkZ [via PDK] [Frank26 referenced that the Iraq would revalue on the 19th of September.] …we do not know for sure how it will roll out…we assume it will be a shotgun start so no one can take advantage …but it could roll out differently then we thought…they could freeze international rates and values…they could roll it out over a week or two weeks…we just do not know.
9-5-2020 Newshound Guru Pimpy More great strides for Al-Kazemi. More. I can't stress this enough. We're actually seeing so much good news and it's in waves and sometimes little increments but nonetheless I don't want people to get immune to good news. Every step taken is just a positive move towards Iraq being recognized again on the international stage the way they should be. It's gonna bring a lot of prosperity to Iraq. I'm excited...2020 is definitely a huge year for Iraq...
9-5-2020 Guest Guru Robert ...Curious coincidence, or glaring lack of trust? Trump signs order for U.S. troop withdrawal over three years, iraqi prime minister wants 3 year budget...
9-5-2020 Intel Guru Bruce [via WiserNow] According to what I am hearing - coming from the Canadian bank sources – with Royal Bank of Canada and Scotia - they do not celebrate Labor day... and my understanding is we may go parallel with Canada...I believe this thing is on its way – we should be in good shape on this – I cannot absolutely call it but you know it was close...I believe...by Tuesday we are good to go...Also Tuesday morning we will have all new rates for us - we’ve already got new rates on the screens - they came in Sunday night and into Monday morning...but on Monday night into Tuesday we will have all new rates for us...
9-5-2020 Newshound Guru Pimpy ...you don't have to wait for the Quantum Financial System to be launched. The Quantum Banking System already exists...there is no "Quantum Financial System". There is a Quantum BANKING System. It already exists...
9-5-2020 Intel Guru MarkZ [via PDK] [Any news about Canada?] They have great expectations for this weekend as well.
9-5-2020 Intel Guru RayRen98 US Bank info: US banks are "cranking it back up" with anticipation of exchanging...very soon! Some were called back to their exchange center locations early this Friday morning. Some are working from 6:00 AM to 11:00 PM, 4-Day shifts. Eastern time. Some are being housed in hotels for easy, quick access to their stations. Some were instructed to have a FULL STAFF in place at 6:00 AM on Saturday and to cancel their Saturday Labor Day plans. Many are planning on working throughout the holiday weekend!!
9-5-2020 Intel Guru MarkZ [via PDK] [Mark will DONG and DINAR go at the same time] yes, we expect them to go at same time.
9-5-2020 Intel Guru MarkZ [via PDK] [Frank26 referenced that the Iraq would revalue on the 19th of September.] …we do not know for sure how it will roll out…we assume it will be a shotgun start so no one can take advantage …but it could roll out differently then we thought…they could freeze international rates and values…they could roll it out over a week or two weeks…we just do not know.
9-5-2020 Newshound Guru Pimpy More great strides for Al-Kazemi. More. I can't stress this enough. We're actually seeing so much good news and it's in waves and sometimes little increments but nonetheless I don't want people to get immune to good news. Every step taken is just a positive move towards Iraq being recognized again on the international stage the way they should be. It's gonna bring a lot of prosperity to Iraq. I'm excited...2020 is definitely a huge year for Iraq...
9-5-2020 Guest Guru Robert ...Curious coincidence, or glaring lack of trust? Trump signs order for U.S. troop withdrawal over three years, iraqi prime minister wants 3 year budget...
9-5-2020 Intel Guru Bruce [via WiserNow] According to what I am hearing - coming from the Canadian bank sources – with Royal Bank of Canada and Scotia - they do not celebrate Labor day... and my understanding is we may go parallel with Canada...I believe this thing is on its way – we should be in good shape on this – I cannot absolutely call it but you know it was close...I believe...by Tuesday we are good to go...Also Tuesday morning we will have all new rates for us - we’ve already got new rates on the screens - they came in Sunday night and into Monday morning...but on Monday night into Tuesday we will have all new rates for us...
9-5-2020 Newshound Guru Pimpy ...you don't have to wait for the Quantum Financial System to be launched. The Quantum Banking System already exists...there is no "Quantum Financial System". There is a Quantum BANKING System. It already exists...
9-5-2020 Intel Guru MarkZ [via PDK] [Any news about Canada?] They have great expectations for this weekend as well.
9-5-2020 Intel Guru RayRen98 US Bank info: US banks are "cranking it back up" with anticipation of exchanging...very soon! Some were called back to their exchange center locations early this Friday morning. Some are working from 6:00 AM to 11:00 PM, 4-Day shifts. Eastern time. Some are being housed in hotels for easy, quick access to their stations. Some were instructed to have a FULL STAFF in place at 6:00 AM on Saturday and to cancel their Saturday Labor Day plans. Many are planning on working throughout the holiday weekend!!
9-5-2020 Intel Guru MarkZ [via PDK] [Mark will DONG and DINAR go at the same time] yes, we expect them to go at same time.
9-4-2020 Intel Guru Footforward Don't be surprised if they come out with a new budget for 3 years with an old rate and then RV after that... [I can see an RV before the budget is announced but not after...] they can easily redo a budget. They can easily have two budgets. Kuwait flat out lied and said they would never RV and then did RV the very next day. There may be some misdirection here at some point. ...what I'm getting at is don't get down if they do a new budget with the old rate. They can RV any time...Not just the start of a fiscal year. If I suddenly win the lottery, I'll gladly revisit my budget any time. Same thing here. The fiscal year isn't a consideration for timing in this at all...
9-4-2020 Newshound Guru Jeff ...the articles are actually suggesting that Iraq is ready to join the international world. Article "Sovereignty - Macron calls for leading a transitional phase of building important Iraqi sovereignty for the region". Quote "...Emmanuel Macron called for leading a transitional phase in building important Iraqi sovereignty..."
9-4-2020 Intel Guru MarkZ [via PDK] Well, In Hong Kong and Europe so far people are still sitting on the edge of their seats with no movement yet…There was a tremendous amount of expectation last night going into this weekend to see some kind of movement…I was unable to touch base with middle Eastern contacts yet…no response. With such big expectations for this weekend…hopefully we won’t be let down again. It’s always been a “when” not an “if” so buckle up…we are watching it roll out.
9-4-2020 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI NOMINATES HIS ADVISOR FOR THE POST OF GOVERNOR OF THE CENTRAL BANK AND A DEPUTY, REVEALS: A SUSPICIOUS FIGURE" ...they fully intended to replace the governor of the Central Bank of Iraq...The question is this. Does this replacement have to be done prior to the RV? I believe it does or close to it. There is just too much corruption allowed under the present governor to allow it to continue...
9-4-2020 Intel Guru Frank26 Kazemi is now at the next stage of the security and stability for the Iraqi dinar monetary reform...What happened is these politicians, especially Maliki...stole, they didn't keep in one area. They sent it to their families...all these central banks are about to sign an agreement that's going to change how money is treated on this planet Earth...Kazemi is also seizing assets...they bought a lot of things to hide the money. Money laundering. Houses. Boats. Cars. Stocks. You name it. And he's getting it...this is a massive campaign by Kazemi to clear the way for the reforms. Trust me Kazemi is in a hurry. He is doing everything as fast as he can...
9-4-2020 Newshound Guru Pimpy ...apparently they're re-opening up the files and now they're gonna rapidly push them through... Quote "discuss the importance of setting a new date for the high level conference in Iraq succession to the WTO..." ...It was supposed to be held last November on the 26th and 27th of 2019. I told you during the process of doing that for some reason it stopped. Well we know what happened. Once the prime minister resigned we had to wait for a whole other election...Now they're ready to get back on there...I'm excited about this. This is big. We really want to see Iraq on the international scene. This is great for the currency...you should be excited about that. [Post 3 of 3]
9-4-2020 Newshound Guru Pimpy Quote: "the representatives of the Kingdom or Marocco to the Untied Nation in New York...talking about ways to activate the file of Iraq's decision into the organization...completing the technical documents to complete their requirements for the accession..." In other words get the obstacles out of the way, put them in. If Iraq gets into the World Trade Organization that is going to be a huge boom for their economy and again if the economy is strong their currency becomes strong. This is exciting to me. When I saw this I was jumping up and down... [Post 2 of 3....stay tuned]
9-4-2020 Newshound Guru Pimpy Article: "Iraq is moving to join global trade and an Arab country: We will facilitate its mission" This is great news...I told everybody that Iraq and Vietnam were kind of being pushed through by the orders of Trump, their application into the World Trade Organization seemed to be getting expedited...this is great news. I means this is huge news...in order for Iraq to be in the World Trade Organization they must have their sovereignty and they must have a world currency that's internationally recognized on the Forex. That means all restriction must be removed off the currency. That's great for us holding onto the Iraqi dinar. You're probably gonna have to expect...a rate change in order for them to do business on a much larger scale... [Post 1 of 3....stay tuned]
9-4-2020 Intel Guru Frank26 ...the GCC wants Iraq IQD in the currency basket of the Middle East in the near future, then they want them to go 1 to 1 with the American dollar like all the other GCC currencies that are in this Arabic basket. Iraq is the only Arabic country that is not in the GCC. Trump wants them to join so it becomes 1 to 1 but also when they join Iraq will lessen their necessity on Iran's needs. They will work more with GCC countries...if Iraq joins the GCC and if they utilize their own currency with a peg to the U.S. dollar, well then there's your reinstatement...
9-4-2020 Newshound Guru Jeff ...the articles are actually suggesting that Iraq is ready to join the international world. Article "Sovereignty - Macron calls for leading a transitional phase of building important Iraqi sovereignty for the region". Quote "...Emmanuel Macron called for leading a transitional phase in building important Iraqi sovereignty..."
9-4-2020 Intel Guru MarkZ [via PDK] Well, In Hong Kong and Europe so far people are still sitting on the edge of their seats with no movement yet…There was a tremendous amount of expectation last night going into this weekend to see some kind of movement…I was unable to touch base with middle Eastern contacts yet…no response. With such big expectations for this weekend…hopefully we won’t be let down again. It’s always been a “when” not an “if” so buckle up…we are watching it roll out.
9-4-2020 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI NOMINATES HIS ADVISOR FOR THE POST OF GOVERNOR OF THE CENTRAL BANK AND A DEPUTY, REVEALS: A SUSPICIOUS FIGURE" ...they fully intended to replace the governor of the Central Bank of Iraq...The question is this. Does this replacement have to be done prior to the RV? I believe it does or close to it. There is just too much corruption allowed under the present governor to allow it to continue...
9-4-2020 Intel Guru Frank26 Kazemi is now at the next stage of the security and stability for the Iraqi dinar monetary reform...What happened is these politicians, especially Maliki...stole, they didn't keep in one area. They sent it to their families...all these central banks are about to sign an agreement that's going to change how money is treated on this planet Earth...Kazemi is also seizing assets...they bought a lot of things to hide the money. Money laundering. Houses. Boats. Cars. Stocks. You name it. And he's getting it...this is a massive campaign by Kazemi to clear the way for the reforms. Trust me Kazemi is in a hurry. He is doing everything as fast as he can...
9-4-2020 Newshound Guru Pimpy ...apparently they're re-opening up the files and now they're gonna rapidly push them through... Quote "discuss the importance of setting a new date for the high level conference in Iraq succession to the WTO..." ...It was supposed to be held last November on the 26th and 27th of 2019. I told you during the process of doing that for some reason it stopped. Well we know what happened. Once the prime minister resigned we had to wait for a whole other election...Now they're ready to get back on there...I'm excited about this. This is big. We really want to see Iraq on the international scene. This is great for the currency...you should be excited about that. [Post 3 of 3]
9-4-2020 Newshound Guru Pimpy Quote: "the representatives of the Kingdom or Marocco to the Untied Nation in New York...talking about ways to activate the file of Iraq's decision into the organization...completing the technical documents to complete their requirements for the accession..." In other words get the obstacles out of the way, put them in. If Iraq gets into the World Trade Organization that is going to be a huge boom for their economy and again if the economy is strong their currency becomes strong. This is exciting to me. When I saw this I was jumping up and down... [Post 2 of 3....stay tuned]
9-4-2020 Newshound Guru Pimpy Article: "Iraq is moving to join global trade and an Arab country: We will facilitate its mission" This is great news...I told everybody that Iraq and Vietnam were kind of being pushed through by the orders of Trump, their application into the World Trade Organization seemed to be getting expedited...this is great news. I means this is huge news...in order for Iraq to be in the World Trade Organization they must have their sovereignty and they must have a world currency that's internationally recognized on the Forex. That means all restriction must be removed off the currency. That's great for us holding onto the Iraqi dinar. You're probably gonna have to expect...a rate change in order for them to do business on a much larger scale... [Post 1 of 3....stay tuned]
9-4-2020 Intel Guru Frank26 ...the GCC wants Iraq IQD in the currency basket of the Middle East in the near future, then they want them to go 1 to 1 with the American dollar like all the other GCC currencies that are in this Arabic basket. Iraq is the only Arabic country that is not in the GCC. Trump wants them to join so it becomes 1 to 1 but also when they join Iraq will lessen their necessity on Iran's needs. They will work more with GCC countries...if Iraq joins the GCC and if they utilize their own currency with a peg to the U.S. dollar, well then there's your reinstatement...
9-3-2020 Newshound/Intel Guru RVAlready The QFS will prevent the theft of huge amounts of money, which was stolen in the past under swift. It also provides a fair and level playing field for all countries to operate.
9-3-2020 Intel Guru MarkZ [via PDK] I am hearing a lot of chatter…but cannot prove if Swift is dead yet or not…I have been chasing bankers trying to prove or disprove info about the swift system…almost all of them –conclusively say that yes- they are upgrading their system for “near instant” transfers. They see the changes coming. Part of them have updated now- part of them haven’t but I do not believe swift is totally dead yet. No banker will tell me that “yes it’s dead” only that it is ending in Sept, and everyone will be on new system for interbank transfers and country to country transfers now... ...they are in the middle of a transition…and that a number of their transactions now are “near instant”…
9-3-2020 Newshound Guru Pimpy Article: "Iraq: Al Kazemi prevents militia flags and religious banners from being raised over government buildings" Basically the whole article is saying the only flag you're allowed to wave in our country is our country's flag. Period. Iraq flag. Because they want to be a united country...Al-Kazemi is lowering the boom down...forget all these separations of people...Kazemi is saying enough. We are one country. We are one people. We are one nation. Period. I love this move. I know it sounds minor but to me it's big. It sends a clear message that they are united and that's what the world is looking for...
9-3-2020 Newshound Guru Jeff ...In the media they've told you what the delays were. They told you there were two of them. The beginning of the year was the formation of the government. And then after that was the Kurdistan and Baghdad reaching an agreement...now that the articles are suggesting that they're now at the end of completing that comprehensive agreement, articles have now transitioned to talk about Iraq rejoining the international world...
9-3-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ BRINGS IN $72.1M IN CUSTOMS REVENUE FOR AUGUST: FEDERAL CUSTOMS AUTHORITY" Al-Kazemi is getting these financial reforms in place and fianally they are working...
9-3-2020 Intel Guru MarkZ [via PDK] Not really expecting any news until overnight tonight…just big anticipation that tonight starts the rollout somewhere between 11pm and 2 AM. …Hopefully we will have solid news by tomorrow morning. [I have heard tomorrow will be a “magical” Friday.] I am so ready for one of those…I think we all are. ...We are watching it roll out…My people said it would roll out in September and get very quiet except for disinformation…all my real connected people have been really quiet. They just said the plan is set - its moving forward. Just hang on...There really is a lot of misinformation right now…
9-3-2020 Newshound Guru MilitiaMan Report: "New Currency, Fiscal and Monetary Policies Guidelines for the Transitional Government of Iraq" ...The report shows what was from the past and what is needed into the future. By all the study we have under our belts, I can see this report as massive support they are in fact going to a market economy and will raise the rate of the IQD to support that effort! ...imo...
9-3-2020 Intel Guru Frank26 ...I believe in my heart that...there is a transparency change coming. We are seeing a change to the global financial system. I don't believe in the GCR. I believe in the GFS. The global financial system is completely being changed...I'd like to suggest that this Quantitative Financial System that's being brought is an evolution to the banking system. Where banks will never function the same way. It is a completely different model. A completely different system. A completely different language-coded...the Iraqi dinar has been beat up and abused...but Donald Trump put this together...What do you think Kazemi had a nice conversation about this past week?
9-3-2020 Newshound Guru Jeff ...around all these articles talking about the comprehensive agreement [between Kurdistan & Baghdad] we have new transitional articles. These new articles now are talking about Iraq going international and joining the international world. That's what the next round of articles are talking about...Iraq becoming and going international, joining the international world. In addition to that on August 20th you had a whole bunch of U.S. companies sign $8 billion worth of contracts...Iraq is ready to jump out and join the international world. That's not my opinion that's right here in print. It's factual...
9-3-2020 Intel Guru Bruce [via WiserNow] ...even though this journey is going longer than we all thought - I am still excited... it is to a point where the QFS would be fully operational – which I understand it is...we believe the Swift is gone for the very most part we have to confirm this but I believe it is...we’ve got a system that is functioning without the ability of it being hacked that is a very positive thing for us moving forward - and I know that’s going to be very valuable. ...We understand that the roll out is to occur for all of us in this week the 1st – 8th which is Tuesday thru Tuesday...You know we have UN operational rates changing on the 15th - that should be changing from where the public could actually see those on the UN operational website page...
9-3-2020 Intel Guru MarkZ [via PDK] I am hearing a lot of chatter…but cannot prove if Swift is dead yet or not…I have been chasing bankers trying to prove or disprove info about the swift system…almost all of them –conclusively say that yes- they are upgrading their system for “near instant” transfers. They see the changes coming. Part of them have updated now- part of them haven’t but I do not believe swift is totally dead yet. No banker will tell me that “yes it’s dead” only that it is ending in Sept, and everyone will be on new system for interbank transfers and country to country transfers now... ...they are in the middle of a transition…and that a number of their transactions now are “near instant”…
9-3-2020 Newshound Guru Pimpy Article: "Iraq: Al Kazemi prevents militia flags and religious banners from being raised over government buildings" Basically the whole article is saying the only flag you're allowed to wave in our country is our country's flag. Period. Iraq flag. Because they want to be a united country...Al-Kazemi is lowering the boom down...forget all these separations of people...Kazemi is saying enough. We are one country. We are one people. We are one nation. Period. I love this move. I know it sounds minor but to me it's big. It sends a clear message that they are united and that's what the world is looking for...
9-3-2020 Newshound Guru Jeff ...In the media they've told you what the delays were. They told you there were two of them. The beginning of the year was the formation of the government. And then after that was the Kurdistan and Baghdad reaching an agreement...now that the articles are suggesting that they're now at the end of completing that comprehensive agreement, articles have now transitioned to talk about Iraq rejoining the international world...
9-3-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ BRINGS IN $72.1M IN CUSTOMS REVENUE FOR AUGUST: FEDERAL CUSTOMS AUTHORITY" Al-Kazemi is getting these financial reforms in place and fianally they are working...
9-3-2020 Intel Guru MarkZ [via PDK] Not really expecting any news until overnight tonight…just big anticipation that tonight starts the rollout somewhere between 11pm and 2 AM. …Hopefully we will have solid news by tomorrow morning. [I have heard tomorrow will be a “magical” Friday.] I am so ready for one of those…I think we all are. ...We are watching it roll out…My people said it would roll out in September and get very quiet except for disinformation…all my real connected people have been really quiet. They just said the plan is set - its moving forward. Just hang on...There really is a lot of misinformation right now…
9-3-2020 Newshound Guru MilitiaMan Report: "New Currency, Fiscal and Monetary Policies Guidelines for the Transitional Government of Iraq" ...The report shows what was from the past and what is needed into the future. By all the study we have under our belts, I can see this report as massive support they are in fact going to a market economy and will raise the rate of the IQD to support that effort! ...imo...
9-3-2020 Intel Guru Frank26 ...I believe in my heart that...there is a transparency change coming. We are seeing a change to the global financial system. I don't believe in the GCR. I believe in the GFS. The global financial system is completely being changed...I'd like to suggest that this Quantitative Financial System that's being brought is an evolution to the banking system. Where banks will never function the same way. It is a completely different model. A completely different system. A completely different language-coded...the Iraqi dinar has been beat up and abused...but Donald Trump put this together...What do you think Kazemi had a nice conversation about this past week?
9-3-2020 Newshound Guru Jeff ...around all these articles talking about the comprehensive agreement [between Kurdistan & Baghdad] we have new transitional articles. These new articles now are talking about Iraq going international and joining the international world. That's what the next round of articles are talking about...Iraq becoming and going international, joining the international world. In addition to that on August 20th you had a whole bunch of U.S. companies sign $8 billion worth of contracts...Iraq is ready to jump out and join the international world. That's not my opinion that's right here in print. It's factual...
9-3-2020 Intel Guru Bruce [via WiserNow] ...even though this journey is going longer than we all thought - I am still excited... it is to a point where the QFS would be fully operational – which I understand it is...we believe the Swift is gone for the very most part we have to confirm this but I believe it is...we’ve got a system that is functioning without the ability of it being hacked that is a very positive thing for us moving forward - and I know that’s going to be very valuable. ...We understand that the roll out is to occur for all of us in this week the 1st – 8th which is Tuesday thru Tuesday...You know we have UN operational rates changing on the 15th - that should be changing from where the public could actually see those on the UN operational website page...
9-2-2020 Intel Guru MarkZ [via PDK] [What currencies do you expect to be in the first basket?] I am hearing almost all currencies will be in the first basket…and that they will allow those not ready or trailing to float up to their values over the next few months . The big ones we will see in the first basket are the dong, dinar, Zim and rupiah.
9-2-2020 Intel Guru Delta ...every country in order for them to be able to [be part of QFS] ...first of all they have to join the system. Second you can not manipulate your currency. You have to have a fair currency - a fair exchange rate - in order for you to join the QFS...looks like Iraq is included there...this is a smart and brilliant way President Trump and the US treasury for them to come up with this system because that's the only way you can force all the countries to basically come up with a true rate. And Iraq is included...excellent news...you can not do it with the auctions anymore or at a program rate...
9-2-2020 Intel Guru Frank26 ...this change that they're about to do. This formula. This coding...is all brand new...I strongly believe currencies are being changed with their asset ability in order to be part of what Donald Trump is doing with currencies around the world and with Iraq...Do You think the Iraqi dinar is being groomed-prepared specially for this program [GFS]...Looks to me, Donald Trump a brilliant business man has once again done it. He found a solution on how for countries to stop stealing not only our money but Iraq's money...this goes all the way down to the common thief, to drug dealers, to terrorists. This is going to cover everything. This is like a pill that solves cancer. This system [QFS} will solve the problem with the monetary system of the Iraqi dinar...
9-2-2020 Newshound Guru Pimpy ...there's a lot of positive steps moving forward. This is what we're looking for. I said this before and I will say it once again. Do not get immune to the good news. There's a lot of good news that's coming out daily and my concern is people get impatient and go, 'Who cares about the good news. Just make it happen.' Don't do that....there are a lot of positive steps being taken forward...you should be excited about all of this...
9-2-2020 Newshound Guru Adam Montana There is no serious negative news on Iraq at the moment, which puts them in a good situation. The world has no major concerns about Iraq at the moment - they aren't causing problems, there is no major civil unrest (like there was 6 months ago), and the financial side of things is positive (OIL). Nothing in particular says "RV by Friday!", but we all know better than to expect a heads up from Iraq. They will do what they want, when they want... I hope you're ready. ...Go Iraq, and GO RRRRVVVVVV!!! [post 2 of 2]
9-2-2020 Newshound Guru Adam Montana ...OIL continues to be solid. What's not to like, if you were Iraq? ...Kazzammie just met with Trump recently, and the reports still say it was a productive and successful meeting. The parties that the HCL are most important to are meeting, discussing long term plans (something we have almost never seen on this level). The region is fairly quiet, and things are simply good overall. If we are to be realistic, the best time for Iraq to make a major move is during a quiet time. [post 1 of 2....stay tuned]
9-2-2020 Intel Guru MarkZ [via PDK] Not expecting any news until Thursday Evening…overnight….but hearing nothing changed so I am getting a bit excited. I am not hearing today…but...all kinds of activities over the weekend…and banking apts. for you and I starting next week. That’s what I am hearing. I hope its accurate…hopefully by Friday morning chat we have lovely news.
9-2-2020 Intel Guru Footforward [What’s you guys thoughts on the quantum financial system happening between now and September 11?] I do think it's coming. I'm not convinced it's coming as soon as people think. I also have the opinion we aren't waiting on that for the RV to happen...
9-2-2020 Newshound/Intel Guru Petra ...What is Iraq known for? Stealing from the auctions. Stealing money. All that goes away when the quantified system is engaged. Let's think about this. Could we be waiting for this QFS to take off? Could that be one of the reasons that we're waiting for for this to occur?
9-2-2020 Intel Guru MarkZ [via PDK] [is the swift system gone?] I think it is running parallel to the new system…we are seeing so many news articles now… I believe the QFS in in place...IMO it’s not fully done though...
9-2-2020 Newshound Guru Militiaman ...the United States Treasury...is using the language of 'global currency reset' arriving with the QFS. Whether or not it's all at once it doesn't say that. It just says that it's arrival is because of the QFS...that's why I've found that the most powerful thing I've seen because we all thought it [Global Currency Reset] was mythology. No body took it terribly seriously because the phrase in and of itself was not given out by the IMF or the World Bank or anybody until now...how many counties come out and do something in respect to this at one time is to be determined but one of the main feelers is the Iraqi dinar is the lead in with the QFS...
9-2-2020 Intel Guru Delta ...every country in order for them to be able to [be part of QFS] ...first of all they have to join the system. Second you can not manipulate your currency. You have to have a fair currency - a fair exchange rate - in order for you to join the QFS...looks like Iraq is included there...this is a smart and brilliant way President Trump and the US treasury for them to come up with this system because that's the only way you can force all the countries to basically come up with a true rate. And Iraq is included...excellent news...you can not do it with the auctions anymore or at a program rate...
9-2-2020 Intel Guru Frank26 ...this change that they're about to do. This formula. This coding...is all brand new...I strongly believe currencies are being changed with their asset ability in order to be part of what Donald Trump is doing with currencies around the world and with Iraq...Do You think the Iraqi dinar is being groomed-prepared specially for this program [GFS]...Looks to me, Donald Trump a brilliant business man has once again done it. He found a solution on how for countries to stop stealing not only our money but Iraq's money...this goes all the way down to the common thief, to drug dealers, to terrorists. This is going to cover everything. This is like a pill that solves cancer. This system [QFS} will solve the problem with the monetary system of the Iraqi dinar...
9-2-2020 Newshound Guru Pimpy ...there's a lot of positive steps moving forward. This is what we're looking for. I said this before and I will say it once again. Do not get immune to the good news. There's a lot of good news that's coming out daily and my concern is people get impatient and go, 'Who cares about the good news. Just make it happen.' Don't do that....there are a lot of positive steps being taken forward...you should be excited about all of this...
9-2-2020 Newshound Guru Adam Montana There is no serious negative news on Iraq at the moment, which puts them in a good situation. The world has no major concerns about Iraq at the moment - they aren't causing problems, there is no major civil unrest (like there was 6 months ago), and the financial side of things is positive (OIL). Nothing in particular says "RV by Friday!", but we all know better than to expect a heads up from Iraq. They will do what they want, when they want... I hope you're ready. ...Go Iraq, and GO RRRRVVVVVV!!! [post 2 of 2]
9-2-2020 Newshound Guru Adam Montana ...OIL continues to be solid. What's not to like, if you were Iraq? ...Kazzammie just met with Trump recently, and the reports still say it was a productive and successful meeting. The parties that the HCL are most important to are meeting, discussing long term plans (something we have almost never seen on this level). The region is fairly quiet, and things are simply good overall. If we are to be realistic, the best time for Iraq to make a major move is during a quiet time. [post 1 of 2....stay tuned]
9-2-2020 Intel Guru MarkZ [via PDK] Not expecting any news until Thursday Evening…overnight….but hearing nothing changed so I am getting a bit excited. I am not hearing today…but...all kinds of activities over the weekend…and banking apts. for you and I starting next week. That’s what I am hearing. I hope its accurate…hopefully by Friday morning chat we have lovely news.
9-2-2020 Intel Guru Footforward [What’s you guys thoughts on the quantum financial system happening between now and September 11?] I do think it's coming. I'm not convinced it's coming as soon as people think. I also have the opinion we aren't waiting on that for the RV to happen...
9-2-2020 Newshound/Intel Guru Petra ...What is Iraq known for? Stealing from the auctions. Stealing money. All that goes away when the quantified system is engaged. Let's think about this. Could we be waiting for this QFS to take off? Could that be one of the reasons that we're waiting for for this to occur?
9-2-2020 Intel Guru MarkZ [via PDK] [is the swift system gone?] I think it is running parallel to the new system…we are seeing so many news articles now… I believe the QFS in in place...IMO it’s not fully done though...
9-2-2020 Newshound Guru Militiaman ...the United States Treasury...is using the language of 'global currency reset' arriving with the QFS. Whether or not it's all at once it doesn't say that. It just says that it's arrival is because of the QFS...that's why I've found that the most powerful thing I've seen because we all thought it [Global Currency Reset] was mythology. No body took it terribly seriously because the phrase in and of itself was not given out by the IMF or the World Bank or anybody until now...how many counties come out and do something in respect to this at one time is to be determined but one of the main feelers is the Iraqi dinar is the lead in with the QFS...
9-1-2020 Newshound Guru Jeff Article: "Alliance of Forces: An effective return to Iraq internationally needs a comprehensive political consensus with great popular support" They're telling you for Iraq to go international they have to have political stability...to achieve political stability Kurdistan and Baghdad have to reach and sign that comprehensive agreement...going international also means changing the rate...
9-1-2020 Newshound Guru tlm724 [Long time no see...welcome back] Article: "Statement Of The Parliamentary Economic And Investment Committee Regarding Stopping Cooperation With The National Investment Authority" Quote: "Honorable Prime Minister, ministers, supervisory departments and relevant institutions...We call on you to stop cooperation with the National Investment Commission in all forms, and hold you responsible and legal consequences for wasting public money, and we call on the Prime Minister to refer the Authority’s Chairman, Window Manager and Legal Department Director to the investigation and withdraw their hand until the investigation ends." This is huge and depending on how the Prime Minister responds it can make a serious dent in corruption!
9-1-2020 Newshound/Intel Guru Mnt Goat Article quotes: "The GROUPS THAT BELIEVE THAT THEY ARE ABOVE THE LAW WILL SOON WITNESS SERIOUS MOVEMENTS BY OUR SECURITY FORCES," ; "In the past, there were concerted efforts to reduce and corrupt the state security forces, but we are now working to reconfigure these forces and cleanse them of all the corrupt elements, and this will take time, but we will hold these people accountable for the crimes they committed," we have been waiting for good news like this from a leader of Iraq for a long time. Yes, we heard it from lots of people in the past but not from a prime minister. I like al-Kazemi and his thinking. It is so honest and truthful. I also want to point out he is talking AGAIN about routing out these Iranian militias. WOW! It is about time! This is going to get the security they need for the reinstatement and to rebuild the economy and country. Its all moving in the right direction now and that is what matters.
9-1-2020 Intel Guru MarkZ [via PDK] I am still hearing things will start end of this week and we will all have an awesome Labor Day Weekend. I’m just worried that too many people are in agreement. I always expected this to go like a thief in the night…My sources...expect our shotgun start to happen post Labor Day at the start of the banking week. Still waiting for updates from Iraq and Dubai today. Hopefuly they are hearing the same things...it’s almost spooky that I am hearing the same story out of Asia, Europe and all around the globe right now on timing…This has me a little nervous that too many people agree on the timing…and things appear to be positioning this way as well…We have always been expecting it to happen between 11 pm and 2 am based on US Eastern time. That has always been the plan we were told.
9-1-2020 Intel Guru Delta ...the Central Bank of Iraq they basically did freeze the assets of 9 people. One of them was the son-in-law of Maliki. IMO that was very huge because for you to get Maliki's son-in-law, that gives you an indication that he does not have the same influence that he used to have before. This is great news for us. Some of you are asking why not Maliki? His turn is probably gonna come in but we don't know how long...it's very possible they waited to reinstate the currency, do the reforms...it looks like they wanted to take care of business first. Which is find the corruption first. IMO this was very very significant there...
9-1-2020 Intel Guru Frank26 ...we are looking for the CBI to release an article with step by step paragraphs explaining what Kazemi has accomplished with the CBI which in reality is what he's accomplished with President Trump. I'm looking for that article...when that article comes out it's very blatant, obvious that there is a rate change coming...
9-1-2020 Newshound/Intel Guru Mnt Goat So, are we waiting for the QFS to see the IQD reinstatement? Folks the QFS is here already and so we know the Iraq dinar has not been reinstated already. However, I hear that we were waiting for the timeline (targeted date) for the implementation of the Iraq in the QFS and it is coming very shortly. ...Countries are set to finally begin rolling into the QFS beginning this month of September 2020...The US is expected to target a September 9 or 10th implementation to the QFS. Iraq will probably follow in January 2021 (as I am hearing from the CBI)...the Vietnam Dong revaluation is dependent on China and it willingness to go along with the plan. [post 2 of 2]
9-1-2020 Newshound/Intel Guru Mnt Goat Welcome to September and still no RV...I have told everyone not to expect it until the CBI gives us indication of working on the project to “delete the zeros”. It is ONLY through this project that the inevitable REINSTATEMENT of the dinar on the global currency exchanges can happen. ...I also know that this timing is being tied to the rollout of the new Quantum Financial System or QFS...which is an advanced financial system launched to eradicate the corruption and the monopoly on the global monetary system and for that purpose, a computer system was developed in the early part of the new millennium comprised of Artificial Intelligence and complex computer programs fully backed by the IMF and regulatory agencies. [post 1 of 2....stay tuned]
9-1-2020 Newshound Guru tlm724 [Long time no see...welcome back] Article: "Statement Of The Parliamentary Economic And Investment Committee Regarding Stopping Cooperation With The National Investment Authority" Quote: "Honorable Prime Minister, ministers, supervisory departments and relevant institutions...We call on you to stop cooperation with the National Investment Commission in all forms, and hold you responsible and legal consequences for wasting public money, and we call on the Prime Minister to refer the Authority’s Chairman, Window Manager and Legal Department Director to the investigation and withdraw their hand until the investigation ends." This is huge and depending on how the Prime Minister responds it can make a serious dent in corruption!
9-1-2020 Newshound/Intel Guru Mnt Goat Article quotes: "The GROUPS THAT BELIEVE THAT THEY ARE ABOVE THE LAW WILL SOON WITNESS SERIOUS MOVEMENTS BY OUR SECURITY FORCES," ; "In the past, there were concerted efforts to reduce and corrupt the state security forces, but we are now working to reconfigure these forces and cleanse them of all the corrupt elements, and this will take time, but we will hold these people accountable for the crimes they committed," we have been waiting for good news like this from a leader of Iraq for a long time. Yes, we heard it from lots of people in the past but not from a prime minister. I like al-Kazemi and his thinking. It is so honest and truthful. I also want to point out he is talking AGAIN about routing out these Iranian militias. WOW! It is about time! This is going to get the security they need for the reinstatement and to rebuild the economy and country. Its all moving in the right direction now and that is what matters.
9-1-2020 Intel Guru MarkZ [via PDK] I am still hearing things will start end of this week and we will all have an awesome Labor Day Weekend. I’m just worried that too many people are in agreement. I always expected this to go like a thief in the night…My sources...expect our shotgun start to happen post Labor Day at the start of the banking week. Still waiting for updates from Iraq and Dubai today. Hopefuly they are hearing the same things...it’s almost spooky that I am hearing the same story out of Asia, Europe and all around the globe right now on timing…This has me a little nervous that too many people agree on the timing…and things appear to be positioning this way as well…We have always been expecting it to happen between 11 pm and 2 am based on US Eastern time. That has always been the plan we were told.
9-1-2020 Intel Guru Delta ...the Central Bank of Iraq they basically did freeze the assets of 9 people. One of them was the son-in-law of Maliki. IMO that was very huge because for you to get Maliki's son-in-law, that gives you an indication that he does not have the same influence that he used to have before. This is great news for us. Some of you are asking why not Maliki? His turn is probably gonna come in but we don't know how long...it's very possible they waited to reinstate the currency, do the reforms...it looks like they wanted to take care of business first. Which is find the corruption first. IMO this was very very significant there...
9-1-2020 Intel Guru Frank26 ...we are looking for the CBI to release an article with step by step paragraphs explaining what Kazemi has accomplished with the CBI which in reality is what he's accomplished with President Trump. I'm looking for that article...when that article comes out it's very blatant, obvious that there is a rate change coming...
9-1-2020 Newshound/Intel Guru Mnt Goat So, are we waiting for the QFS to see the IQD reinstatement? Folks the QFS is here already and so we know the Iraq dinar has not been reinstated already. However, I hear that we were waiting for the timeline (targeted date) for the implementation of the Iraq in the QFS and it is coming very shortly. ...Countries are set to finally begin rolling into the QFS beginning this month of September 2020...The US is expected to target a September 9 or 10th implementation to the QFS. Iraq will probably follow in January 2021 (as I am hearing from the CBI)...the Vietnam Dong revaluation is dependent on China and it willingness to go along with the plan. [post 2 of 2]
9-1-2020 Newshound/Intel Guru Mnt Goat Welcome to September and still no RV...I have told everyone not to expect it until the CBI gives us indication of working on the project to “delete the zeros”. It is ONLY through this project that the inevitable REINSTATEMENT of the dinar on the global currency exchanges can happen. ...I also know that this timing is being tied to the rollout of the new Quantum Financial System or QFS...which is an advanced financial system launched to eradicate the corruption and the monopoly on the global monetary system and for that purpose, a computer system was developed in the early part of the new millennium comprised of Artificial Intelligence and complex computer programs fully backed by the IMF and regulatory agencies. [post 1 of 2....stay tuned]
8-31-2020 Intel Guru Footforward ...I am fairly confident that it will happen on a Thursday...it would be an easy way for this to unfold...I'm asked if I have anything else in terms of timing and I don't...I don't feel like I can give a date at this point.
8-31-2020 Newshound Guru Jeff Article: "Away from the political file..a high-level Kurdish delegation in Baghdad". Quote: "...to discuss the proposal of the international Monetary Fund and the International Central Bank to change the budget system from 1-year budget to a 3-year budget." ...I've been in this 11 years that's the first time in 11 years they've ever talked about that. That pretty much has rate change written all over it...
8-31-2020 Intel Guru MarkZ [Is this the week with the never ending magic Tuesdays] Hopefully our last with all this chatter... I think we are really close…especially after hearing from all my government sources...I feel exceptionally good about September...i am expecting a shotgun start.
8-31-2020 Newshound Guru Jeff ...they're not going to stay pegged to a single currency. That's not happening...it's too risky. After the rate change the dinar will be pegged to a basket to minimize risk...
8-31-2020 Intel Guru RayRen98 Weekend UPDATE: Iraqi TV was broadcasting the following...Saturday: PM Al-Kadhimi steps confidently towards economic reform citing providing oil derivatives to support national factories. Sunday: PM Al-Kadhimi is beginning to disarm the militias by having the military to confiscate all light to medium weapons from all disputed tribal areas.
8-31-2020 Guest Guru Austin-Powers-For-PM ...I believe September will be an unbelievable month for all of us. What that looks like or how that will happen is yet to be seen...
8-31-2020 Newshound Guru Kaperoni There are still some who believe a significant overnight RV is possible. I have two articles that contradict the possibility of that ever happening...Iraq's net worth is only $16 trillion dollars...And the other clearly states 47 trillion dinarin circulation. ...They either have to LOP the dinar reducing trillions to billions or float the dinar as stated in the IMF Article IV with Iraq to gradually reduce the money supply. Btw, going from peg to a float is what most countries do, especially ones that are emerging with significant growth in their economies.
8-31-2020 Newshound Guru Jeff Article: "Away from the political file..a high-level Kurdish delegation in Baghdad". Quote: "...to discuss the proposal of the international Monetary Fund and the International Central Bank to change the budget system from 1-year budget to a 3-year budget." ...I've been in this 11 years that's the first time in 11 years they've ever talked about that. That pretty much has rate change written all over it...
8-31-2020 Intel Guru MarkZ [Is this the week with the never ending magic Tuesdays] Hopefully our last with all this chatter... I think we are really close…especially after hearing from all my government sources...I feel exceptionally good about September...i am expecting a shotgun start.
8-31-2020 Newshound Guru Jeff ...they're not going to stay pegged to a single currency. That's not happening...it's too risky. After the rate change the dinar will be pegged to a basket to minimize risk...
8-31-2020 Intel Guru RayRen98 Weekend UPDATE: Iraqi TV was broadcasting the following...Saturday: PM Al-Kadhimi steps confidently towards economic reform citing providing oil derivatives to support national factories. Sunday: PM Al-Kadhimi is beginning to disarm the militias by having the military to confiscate all light to medium weapons from all disputed tribal areas.
8-31-2020 Guest Guru Austin-Powers-For-PM ...I believe September will be an unbelievable month for all of us. What that looks like or how that will happen is yet to be seen...
8-31-2020 Newshound Guru Kaperoni There are still some who believe a significant overnight RV is possible. I have two articles that contradict the possibility of that ever happening...Iraq's net worth is only $16 trillion dollars...And the other clearly states 47 trillion dinarin circulation. ...They either have to LOP the dinar reducing trillions to billions or float the dinar as stated in the IMF Article IV with Iraq to gradually reduce the money supply. Btw, going from peg to a float is what most countries do, especially ones that are emerging with significant growth in their economies.
8-30-2020 Newshound Guru Pimpy People ask me this all the time - Pimpy the [Iraq] economy's going to get...big, should we turn in all of our currencies at once? I can't tell you what to do with your investments but some of you out there have enough where you could turn in a third, maybe half and live wealthy the rest of your life and maybe you'll think about holding on to the currency to see if it does continue to go up in value which I anticipated to do. Because Iraq is starting from the ground up. They're literally rebuilding...the entire country. The infrastructure is being redone...we need the power grids redone. What I'm saying is this, they're staring over from scratch. So if their currency once it's revalued has a certain value then you might want to hold onto some of yours and see what happens later down the line...
8-30-2020 Newshound Guru Jeff I already showed you this article a few days ago "3 reasons that prevented American investment in the past" ...This is like a slam dunk. It confirms everything I've showed you and told you...they're telling you what your delays are. Right here, right in front of your face. These are the delays before Iraq can go international. They're blatantly telling you. The politics have to be completed [Kurdish agreement and a few laws] and the economic reforms. But you guys know the economic reforms can only come when the rate changes... just looking at these plain facts IMO I'm looking for the rate to probably change most likely in late September...
8-30-2020 Intel Guru Footforward Article: "Iraq: Assets frozen of 9 officials including Al-Maliki's son-in-law" Quote: "The Central Bank of Iraq has decided to freeze the assets of nine former and current officials, including the son-in-law of former Prime Minister Nouri Al-Maliki..." this is a good sign...Not a coincidence this happens two days after Trump says our troops are leaving.
8-30-2020 Newshound Guru Pimpy ...Again more international relationships being developed with Iraq. I love this...both British and Dutch Prime Ministers are coming over to meet in Iraq...this is great...additional agreements and memorandums are expected to be signed. This means more trade deals. This means a stronger economy. This is great...more people going back to work...more people paying taxes. A stronger economy leads to a stronger currency...
8-30-2020 Newshound Guru Jeff Iraq is what's called on the OFAC list. That's why most major banks [Are not dealing with it]...Citibank is and has been selling Iraq's currency...most major banks today do not sell Iraq's currency. Wells Fargo, Chase, B of A do not sell Iraq's currency and the reason why is Iraq is on the OFAC list. The OFAC list it's not so much sanctions per se it's more of a list of countries thought...to support terrorism. So because Iraq is on that list the major banks do not want to sell currencies of countries that are know to support terrorism. By their choice they do not sell and exchange Iraq's currency. But again Citibank does...
8-30-2020 Intel Guru Frank26 Article: "Economist: The government must use the exchange rate of the dollar to overcome the financial crisis" ...they need to be 1 to 1. Quote: "the increase in the exchange rate in government banks contributes to eliminating the current crisis and maximizes state resources, at a time when IRAQ needs to make a boom in the banking sector."
8-30-2020 Newshound Guru Jeff comment: "Personally I think if it happens it will be when nobody expects. Possibly over the weekend, in order to maintain low speculation." ...it actually has to happen for Iraq on a Sunday morning which is exactly when Kuwait did it. They did it on March 24th of '91...It has to happen at the very beginning of Iraq's business banking week and Iraq's first business banking day of their week is their Sunday. Also it has to happen at a point in time when all financial markets are closed around the world to minimize/reduce and control market volatility...
8-30-2020 Newshound Guru Jeff I already showed you this article a few days ago "3 reasons that prevented American investment in the past" ...This is like a slam dunk. It confirms everything I've showed you and told you...they're telling you what your delays are. Right here, right in front of your face. These are the delays before Iraq can go international. They're blatantly telling you. The politics have to be completed [Kurdish agreement and a few laws] and the economic reforms. But you guys know the economic reforms can only come when the rate changes... just looking at these plain facts IMO I'm looking for the rate to probably change most likely in late September...
8-30-2020 Intel Guru Footforward Article: "Iraq: Assets frozen of 9 officials including Al-Maliki's son-in-law" Quote: "The Central Bank of Iraq has decided to freeze the assets of nine former and current officials, including the son-in-law of former Prime Minister Nouri Al-Maliki..." this is a good sign...Not a coincidence this happens two days after Trump says our troops are leaving.
8-30-2020 Newshound Guru Pimpy ...Again more international relationships being developed with Iraq. I love this...both British and Dutch Prime Ministers are coming over to meet in Iraq...this is great...additional agreements and memorandums are expected to be signed. This means more trade deals. This means a stronger economy. This is great...more people going back to work...more people paying taxes. A stronger economy leads to a stronger currency...
8-30-2020 Newshound Guru Jeff Iraq is what's called on the OFAC list. That's why most major banks [Are not dealing with it]...Citibank is and has been selling Iraq's currency...most major banks today do not sell Iraq's currency. Wells Fargo, Chase, B of A do not sell Iraq's currency and the reason why is Iraq is on the OFAC list. The OFAC list it's not so much sanctions per se it's more of a list of countries thought...to support terrorism. So because Iraq is on that list the major banks do not want to sell currencies of countries that are know to support terrorism. By their choice they do not sell and exchange Iraq's currency. But again Citibank does...
8-30-2020 Intel Guru Frank26 Article: "Economist: The government must use the exchange rate of the dollar to overcome the financial crisis" ...they need to be 1 to 1. Quote: "the increase in the exchange rate in government banks contributes to eliminating the current crisis and maximizes state resources, at a time when IRAQ needs to make a boom in the banking sector."
8-30-2020 Newshound Guru Jeff comment: "Personally I think if it happens it will be when nobody expects. Possibly over the weekend, in order to maintain low speculation." ...it actually has to happen for Iraq on a Sunday morning which is exactly when Kuwait did it. They did it on March 24th of '91...It has to happen at the very beginning of Iraq's business banking week and Iraq's first business banking day of their week is their Sunday. Also it has to happen at a point in time when all financial markets are closed around the world to minimize/reduce and control market volatility...
8-29-2020 Newshound Guru Pimpy ...this article over here IMO is a biggie. Article "Report: Nuri al-Maliki distributed his wealth among his relatives but the "Sakhil Strike" did not miss its target!" ... we all know one of the most corrupt and high-profile people is Maliki. How he's still standing and running around free for now I couldn't understand until I got to this article. Al-Kazemi is being very strategic about this. He's laying the whammy down on corruption...he didn't go after Maliki directly only because people said [In the article]...this would be a declaration of war...any sort of direct investigation in Maliki would be considered some type of act of war within the tribes...make no doubt about it this has got to have Maliki concerned...
8-29-2020 Newshound/Intel Guru Mnt Goat ...I believe in the late fall season we may hear some news about the “project to delete the zeros” from the CBI and we will be in a better position to know where we stand with the reinstatement. We have not heard any news now for almost 2 years. We just wait...I am sorry folks that I could not bring better news to you today but there really is not much more noteworthy news. We just have to sit tight, pray and wait.
8-29-2020 Intel Guru Footforward [How close do you feel we are...] I believe we are in the time and season...
8-29-2020 Newshound Guru Jeff Iraq's currency will become internationally recognized when the rate does change. The rate change has to change basically first or at the same time but the rate change is the linchpin...the currency does not become internationally recognized till the rate change so that's the linchpin. Once that happens the currency does become internationally recognized. That's also the linchpin to when Iraq will become Article VIII compliant with the IMF. Right now Iraq is under Article VIII rules, guidelines and procedures. They have to adhere to them but they don't become Article VIII till the rate changes...
8-29-2020 Newshound Guru Pimpy ...A lot of progress going on in Iraq. Article: "Representing the Kurdistan Region in the Iraq negotiating committees in the strategic dialogue with America" This is what impresses me the most about Al-Kazemi's administration...his willingness to just get in there and get things done. It's been outstanding. This is great news for both our short-term and long-term investments...when it comes to the Iraqi dinar anything and everything that gets these guys back on their feet and helps build their economy is a benefit to us...this is a huge step because that shows Al-Kazemi's willingness to work with Kurdistan and to helps get things accomplished with the United States...
8-29-2020 Newshound Guru Kaperoni [Kuwait Devalued & ReInstated both in One Night...] ...I disagree that they did that..but even if I am wrong, Kuwait never had 42 trillion in circulation...Iraq has over 42 trillion in Iraq. That does not include what is outside the country. That is well documented...All you need to do is google Kuwait and the central bank to learn they never had that much currency. ...42 trillion? That is basic math! There cannot ever be a significant RV of the dinar.
8-29-2020 Newshound Guru Jeff Article: "Britain commends action on Baghdad and Erbil and shows commitment to addressing the broader challenges of Iraq" Quote: "the most urgent of these challenges is addressing the economic crisis facing the country..." Look at this. This is huge. Quote continues: "...through the introduction of necessary economic reforms." ...This is amazing...those reforms require funding from the budget and the budget is married to the rate change...
8-29-2020 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF OIL: THE CONTRACT WITH CHEVRON WILL MAKE IRAQ AT THE FOREFRONT OF COUNTRIES WITH ENERGY" Like I keep saying this is Iraq’s last chance to use what oil revenues they have to rebuild the country and their economy. Life is changing to outside fossil fuels. What will they finally do? Implementing the customs and tariffs must be implemented now! There is no turning back unless they want another financial crisis and this next time they will not be able to crawl their way out of it. If not for Trump’s help with US commitments they would be doomed now even.
8-29-2020 Intel/Newshound Guru sandyf Kap [Guru Kaperoni] is incorrect, the IQD is not "internationally recognised", that is a term that comes with Art 8. Currently, as all Art 14 currencies, the IQD is a non-convertible currency and when Iraq accepts the obligations of Art 8 the currency will become partially convertible and accepted by international banks. Trading internationally is something different, the IQD has been traded on Forex for many years but at the higher levels not available to most. In 2013 there were 4 Forex trading pairs and by 2018 that had increased to 11. [reference Guru Kaperoni post 8-28-2020]
8-29-2020 Newshound/Intel Guru Mnt Goat ...I believe in the late fall season we may hear some news about the “project to delete the zeros” from the CBI and we will be in a better position to know where we stand with the reinstatement. We have not heard any news now for almost 2 years. We just wait...I am sorry folks that I could not bring better news to you today but there really is not much more noteworthy news. We just have to sit tight, pray and wait.
8-29-2020 Intel Guru Footforward [How close do you feel we are...] I believe we are in the time and season...
8-29-2020 Newshound Guru Jeff Iraq's currency will become internationally recognized when the rate does change. The rate change has to change basically first or at the same time but the rate change is the linchpin...the currency does not become internationally recognized till the rate change so that's the linchpin. Once that happens the currency does become internationally recognized. That's also the linchpin to when Iraq will become Article VIII compliant with the IMF. Right now Iraq is under Article VIII rules, guidelines and procedures. They have to adhere to them but they don't become Article VIII till the rate changes...
8-29-2020 Newshound Guru Pimpy ...A lot of progress going on in Iraq. Article: "Representing the Kurdistan Region in the Iraq negotiating committees in the strategic dialogue with America" This is what impresses me the most about Al-Kazemi's administration...his willingness to just get in there and get things done. It's been outstanding. This is great news for both our short-term and long-term investments...when it comes to the Iraqi dinar anything and everything that gets these guys back on their feet and helps build their economy is a benefit to us...this is a huge step because that shows Al-Kazemi's willingness to work with Kurdistan and to helps get things accomplished with the United States...
8-29-2020 Newshound Guru Kaperoni [Kuwait Devalued & ReInstated both in One Night...] ...I disagree that they did that..but even if I am wrong, Kuwait never had 42 trillion in circulation...Iraq has over 42 trillion in Iraq. That does not include what is outside the country. That is well documented...All you need to do is google Kuwait and the central bank to learn they never had that much currency. ...42 trillion? That is basic math! There cannot ever be a significant RV of the dinar.
8-29-2020 Newshound Guru Jeff Article: "Britain commends action on Baghdad and Erbil and shows commitment to addressing the broader challenges of Iraq" Quote: "the most urgent of these challenges is addressing the economic crisis facing the country..." Look at this. This is huge. Quote continues: "...through the introduction of necessary economic reforms." ...This is amazing...those reforms require funding from the budget and the budget is married to the rate change...
8-29-2020 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF OIL: THE CONTRACT WITH CHEVRON WILL MAKE IRAQ AT THE FOREFRONT OF COUNTRIES WITH ENERGY" Like I keep saying this is Iraq’s last chance to use what oil revenues they have to rebuild the country and their economy. Life is changing to outside fossil fuels. What will they finally do? Implementing the customs and tariffs must be implemented now! There is no turning back unless they want another financial crisis and this next time they will not be able to crawl their way out of it. If not for Trump’s help with US commitments they would be doomed now even.
8-29-2020 Intel/Newshound Guru sandyf Kap [Guru Kaperoni] is incorrect, the IQD is not "internationally recognised", that is a term that comes with Art 8. Currently, as all Art 14 currencies, the IQD is a non-convertible currency and when Iraq accepts the obligations of Art 8 the currency will become partially convertible and accepted by international banks. Trading internationally is something different, the IQD has been traded on Forex for many years but at the higher levels not available to most. In 2013 there were 4 Forex trading pairs and by 2018 that had increased to 11. [reference Guru Kaperoni post 8-28-2020]
8-28-2020 Intel Guru Frank26 I don't have a date. I see solid reasons for it to happen in the next 5 seconds as the same way I see solid reasons for it to happen at the end of this year. It doesn't matter to me. What matters to me is the progress, the movement.
8-28-2020 Intel Guru Bruce ...I’m not sure about Iraq – whether they are going to show that rate as early...this coming Sunday - I’ve got information that says they may show the new international rate on Sunday...we know that the rates have already changed in country – least we have been told they have – and now we just wait and see what Iraq does in terms of the international rate...They may have a rate that is already known within certain countries of the Middle East – that they are trading with – so it is nothing we have to worry about...the nice thing is they all agree – very different sources from the highest banking sources – in corporate offices and all the other sources we talk to... [post 2 of 2]
8-28-2020 Intel Guru Bruce [via WiserNow] Let’s take a look at where we are because we finally got some conclusive intel today that seems to make an agreement consensus with all intel sources that I am using - that I have – all different directions coming together on the same page...It’s interesting because we do have a consensus from all of my sources...Now – here’s the thing – we talked Tuesday night about the possibility of a Wed/Thurs/Friday timeframe...Now we had the impression that this could go any day almost any minute...that is what I had at the time on Tuesday and we told you – and we said this for years I guess - that this is a moving target and things do change...Now...we are supposed to be notified and start setting our appointments either Monday or Tuesday - this coming...Monday is a ?? question mark – I don’t know that we would but I do believe we would start on the first day of September – that is Tuesday... [post 1 of 2....stay tuned]
8-28-2020 Newshound Guru Jeff I've been telling you since June you're waiting for Kurdistan and Baghdad to reach that comprehensive agreement. Iraq has to have stability. It's that simple...U.S companies have not been investing in Iraq the last 3 years and one of the reason was because Kurdistan and Baghdad have to make an agreement...
8-28-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQI FINANCE CONFIRMS TO PROCEED WITH A PLAN TO AUTOMATE CUSTOMS TRANSACTIONS AND PROCEDURES" ...remember I told you this automated system needs to tie into currency rates on FOREX. The dinar has to be on FOREX for this to work. We have heard about them doing this for years now. I think they are now finally going to do it.
8-28-2020 Intel Guru MarkZ [via PDK] ...Remember they are releasing a lot of misinformation now…and I am trying to piece through it...I am still excited about where we are at. [So they have kicked the can once again…] I don’t believe the can is being kicked. More and more of my sources say it’s on a fixed schedule now. It’s moving forward slowly and methodically...
8-28-2020 Newshound Guru Jeff Statement: "The CBI hasn't initiated the project to delete the zeros." They are not going to tell you when they initiated. You won't even know when it's initiated. You'll know when it's just done. You're just gonna wake up one morning on a Sunday and be like 'Oh, rate change -ya!"
8-28-2020 Newshound Guru Kaperoni ...The real problems are structurally with in Iraq. When the authorities are ready, they will move the financial system and pass the laws to encourage foreign investment. This has nothing to do with the value of the currency. The value of the currency will be determined by the success/growth of the economy and the pressure created on the financial system as a result of significant investment...nothing is arbitrary or random in monetary policy. [post 2 of 2]
8-28-2020 Newshound Guru Kaperoni ...guru Frank26 keeps talking about a sovereign currency, as if Iraq doesn't have one. They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he just doesn't like the value LOL. But 1190 is the value. There is no RV. The Iraqi dinar is globally recognized oh, they do follow the IMF Charter. It just isn't really accepted internationally because they haven't moved the banking system from Article XIV to VIII. Part of the charter of the IMF is that countries that have developing banking systems are always aspiring to engage with the world financial system and be in Article VIII. If you read the Article IV Consultations with Iraq you will see that they have encouraged Iraq to meet the obligations of Article VIII and move to Article VIII to send a positive message to the global investment community. [post 1 of 2....stay tuned]
8-28-2020 Intel Guru Bruce ...I’m not sure about Iraq – whether they are going to show that rate as early...this coming Sunday - I’ve got information that says they may show the new international rate on Sunday...we know that the rates have already changed in country – least we have been told they have – and now we just wait and see what Iraq does in terms of the international rate...They may have a rate that is already known within certain countries of the Middle East – that they are trading with – so it is nothing we have to worry about...the nice thing is they all agree – very different sources from the highest banking sources – in corporate offices and all the other sources we talk to... [post 2 of 2]
8-28-2020 Intel Guru Bruce [via WiserNow] Let’s take a look at where we are because we finally got some conclusive intel today that seems to make an agreement consensus with all intel sources that I am using - that I have – all different directions coming together on the same page...It’s interesting because we do have a consensus from all of my sources...Now – here’s the thing – we talked Tuesday night about the possibility of a Wed/Thurs/Friday timeframe...Now we had the impression that this could go any day almost any minute...that is what I had at the time on Tuesday and we told you – and we said this for years I guess - that this is a moving target and things do change...Now...we are supposed to be notified and start setting our appointments either Monday or Tuesday - this coming...Monday is a ?? question mark – I don’t know that we would but I do believe we would start on the first day of September – that is Tuesday... [post 1 of 2....stay tuned]
8-28-2020 Newshound Guru Jeff I've been telling you since June you're waiting for Kurdistan and Baghdad to reach that comprehensive agreement. Iraq has to have stability. It's that simple...U.S companies have not been investing in Iraq the last 3 years and one of the reason was because Kurdistan and Baghdad have to make an agreement...
8-28-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQI FINANCE CONFIRMS TO PROCEED WITH A PLAN TO AUTOMATE CUSTOMS TRANSACTIONS AND PROCEDURES" ...remember I told you this automated system needs to tie into currency rates on FOREX. The dinar has to be on FOREX for this to work. We have heard about them doing this for years now. I think they are now finally going to do it.
8-28-2020 Intel Guru MarkZ [via PDK] ...Remember they are releasing a lot of misinformation now…and I am trying to piece through it...I am still excited about where we are at. [So they have kicked the can once again…] I don’t believe the can is being kicked. More and more of my sources say it’s on a fixed schedule now. It’s moving forward slowly and methodically...
8-28-2020 Newshound Guru Jeff Statement: "The CBI hasn't initiated the project to delete the zeros." They are not going to tell you when they initiated. You won't even know when it's initiated. You'll know when it's just done. You're just gonna wake up one morning on a Sunday and be like 'Oh, rate change -ya!"
8-28-2020 Newshound Guru Kaperoni ...The real problems are structurally with in Iraq. When the authorities are ready, they will move the financial system and pass the laws to encourage foreign investment. This has nothing to do with the value of the currency. The value of the currency will be determined by the success/growth of the economy and the pressure created on the financial system as a result of significant investment...nothing is arbitrary or random in monetary policy. [post 2 of 2]
8-28-2020 Newshound Guru Kaperoni ...guru Frank26 keeps talking about a sovereign currency, as if Iraq doesn't have one. They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he just doesn't like the value LOL. But 1190 is the value. There is no RV. The Iraqi dinar is globally recognized oh, they do follow the IMF Charter. It just isn't really accepted internationally because they haven't moved the banking system from Article XIV to VIII. Part of the charter of the IMF is that countries that have developing banking systems are always aspiring to engage with the world financial system and be in Article VIII. If you read the Article IV Consultations with Iraq you will see that they have encouraged Iraq to meet the obligations of Article VIII and move to Article VIII to send a positive message to the global investment community. [post 1 of 2....stay tuned]
8-27-2020 Intel Guru Frank26 ... Iran influence in the government, in the banking structure, in their streets - is the only reason why we don't have the new currency rate...the mess is Iran . That's all there is to it. They are the parasite and how do you get rid of them? ...all the arresting. All the court appearances. Everything that they've done and now there's just one final thing left to do...dissolve...to me that is the next step that is what has been given to Kazemi...get rid of the final remaining Iranian influence...
8-27-2020 Intel Guru MarkZ [via PDK] [Are we going to be able to buy currency in the second or third basket…] I am told it all goes into the first basket but a number of currencies will be allowed to free float over time …..So I am planning on investing after the first basket…
8-27-2020 Newshound/Intel Guru Mnt Goat I am told to expect details on the rollout of the lower denominations sometime in October with the rollout in late November thru December. If this does not happen it will be delayed further. This news tells me that they plan to complete the project to delete the zeros late this year, but will not move to the global markets on FOREX with the currency until very early next year 2021. They are still currently under OFAC sanctions. My contact sees things maybe changing as a result of Al-Kazemi’s visit to the US this week.
8-27-2020 Newshound Guru Adam Montana Articles: "The Ministry of Interior launches a service on citizens' phones to facilitate transactions"; "Iraqi Finance confirms to proceed with a plan to automate customs transactions and procedures"
I know Iraq may seem slow and dated and waiting for them to do something with their currency can be frustrating for us. At the same time, it's important to understand that Iraq is not full of dummies. They are approaching new territory, with a very clean slate, and they can utilize new technology to accomplish something that would have been very difficult before today's technology existed.
8-27-2020 Intel Guru MarkZ [via PDK] There is a difference from what the intel boards are saying then what the bankers, banking centers and attorneys are saying…very different...I assume there is dis-information being sown out there on purpose on the boards because the people actually involved in the reset are not hearing those same things. Bankers say there is a set schedule and it’s moving forward. It all sounds good and they keep reassuring me things are moving…they are happier now then I’ve seen them in this process. We should all hang tight and stay calm. I have always said this is a “when” not an “if”...
8-27-2020 Intel Guru Frank26 A sovereign country does not exist unless it has a sovereign currency. It's that simple. It doesn't take a genius to figure that out. If you have a sanctioned currency you're not sovereign. It doesn't take a phi beta kappa to understand that. We told you the key word was "sovereign". All of a sudden two days later you see it everywhere coming out of Kazemi, from Pence, Trump. Everybody's saying the same word that we gave you as a key word...
8-27-2020 Newshound Guru Pimpy ...I don't have any faith in 800#s nor these so-called redemption centers...one person posted a so called 800# and I called it. It went to a pizza place...Here's my opinion...people will go and do anything if they could scam people. What I think these redemption centers are...they'll promise you a specific rate or say they can exchange it for you or say they're the only licensed people to exchange on your behalf. They're gonna lie. That's just my opinion. Then all of a sudden you get your dinar over to them and then they redeem it for the proper rate and take their cut of the pie. That's what I think these are...I'm saying I think they're bullshit...what I'm saying is please be careful...talk to your local banks. You don't have to tell them you have Iraqi dinar, just simply ask them, 'Hey if I want to come in and exchange my currency how does this work? Do I just come straight to you?' And they'll tell you yes you do or no you don't. Maybe they'll want you to call an 800# but let the banks tell you that...go find out for yourself...this way you'll already know in advance...
8-27-2020 Intel Guru MarkZ [via PDK] Many people are afraid there won’t be 800 numbers… I am told there will be and we will receive those via a secure link. This comes from high up banking contacts. And there will be instructions on how to exchange…I am not a bit worried. I have complete and total faith there will be a secure link and/or 800 numbers. I have been told this over and over by well connected people and people who have help set up redemption centers...
8-27-2020 Intel Guru MarkZ [via PDK] [Are we going to be able to buy currency in the second or third basket…] I am told it all goes into the first basket but a number of currencies will be allowed to free float over time …..So I am planning on investing after the first basket…
8-27-2020 Newshound/Intel Guru Mnt Goat I am told to expect details on the rollout of the lower denominations sometime in October with the rollout in late November thru December. If this does not happen it will be delayed further. This news tells me that they plan to complete the project to delete the zeros late this year, but will not move to the global markets on FOREX with the currency until very early next year 2021. They are still currently under OFAC sanctions. My contact sees things maybe changing as a result of Al-Kazemi’s visit to the US this week.
8-27-2020 Newshound Guru Adam Montana Articles: "The Ministry of Interior launches a service on citizens' phones to facilitate transactions"; "Iraqi Finance confirms to proceed with a plan to automate customs transactions and procedures"
I know Iraq may seem slow and dated and waiting for them to do something with their currency can be frustrating for us. At the same time, it's important to understand that Iraq is not full of dummies. They are approaching new territory, with a very clean slate, and they can utilize new technology to accomplish something that would have been very difficult before today's technology existed.
8-27-2020 Intel Guru MarkZ [via PDK] There is a difference from what the intel boards are saying then what the bankers, banking centers and attorneys are saying…very different...I assume there is dis-information being sown out there on purpose on the boards because the people actually involved in the reset are not hearing those same things. Bankers say there is a set schedule and it’s moving forward. It all sounds good and they keep reassuring me things are moving…they are happier now then I’ve seen them in this process. We should all hang tight and stay calm. I have always said this is a “when” not an “if”...
8-27-2020 Intel Guru Frank26 A sovereign country does not exist unless it has a sovereign currency. It's that simple. It doesn't take a genius to figure that out. If you have a sanctioned currency you're not sovereign. It doesn't take a phi beta kappa to understand that. We told you the key word was "sovereign". All of a sudden two days later you see it everywhere coming out of Kazemi, from Pence, Trump. Everybody's saying the same word that we gave you as a key word...
8-27-2020 Newshound Guru Pimpy ...I don't have any faith in 800#s nor these so-called redemption centers...one person posted a so called 800# and I called it. It went to a pizza place...Here's my opinion...people will go and do anything if they could scam people. What I think these redemption centers are...they'll promise you a specific rate or say they can exchange it for you or say they're the only licensed people to exchange on your behalf. They're gonna lie. That's just my opinion. Then all of a sudden you get your dinar over to them and then they redeem it for the proper rate and take their cut of the pie. That's what I think these are...I'm saying I think they're bullshit...what I'm saying is please be careful...talk to your local banks. You don't have to tell them you have Iraqi dinar, just simply ask them, 'Hey if I want to come in and exchange my currency how does this work? Do I just come straight to you?' And they'll tell you yes you do or no you don't. Maybe they'll want you to call an 800# but let the banks tell you that...go find out for yourself...this way you'll already know in advance...
8-27-2020 Intel Guru MarkZ [via PDK] Many people are afraid there won’t be 800 numbers… I am told there will be and we will receive those via a secure link. This comes from high up banking contacts. And there will be instructions on how to exchange…I am not a bit worried. I have complete and total faith there will be a secure link and/or 800 numbers. I have been told this over and over by well connected people and people who have help set up redemption centers...
8-26-2020 Intel Guru RayRen98 [Did Ray say what his text was about?] THE TEXT WAS FROM A BANK SOURCE - INDICATING "THIS WEEK" AS THEIR EXPECTED LAST WEEK WAITING TO EXCHANGE. TIME WILL TELL!!
8-26-2020 Intel Guru Delta ...the Central Bank of Iraq will tell you exactly what they're about to do. I'm waiting for a beautiful and very important article that should come up. It could be a day. It could be weeks...the article about lifting the 3 zeros...that's what's going to put a stop to all the speculations...
8-26-2020 Intel Guru Bruce [via WiserNow] ...Guys, this is it – we are close...I’ll tell you from some bank sources that we like very very much – they’re looking at...us...to get started as early as tomorrow – (Wednesday)... There are other people that are looking very hard at Thursday - for us to get started...I am going to say right now from Wednesday to Friday is prime time – That is really looking good...Could it slip to Saturday? It is possible yes...but I believe it is to start this week...I think everything is pointing towards it – and I’m just giving you what I’ve got...and that is looking very strong for Wednesday – Thursday – or Friday of this week...
8-26-2020 Intel Guru Frank26 ...the biggest thing that came out of this meeting [The Washington Meeting], actually is two things. 1. A commitment from Kazemi to Donald Trump that Iraq will de-dollarize and 2. The acceptance that they are going to announce that they have a change in their exchange rate. That they have added value to their currency. That's the only reason why you see Donald Trump give all these contracts to Kazemi. Why didn't they hand them out before? The week before? The month before? The year before? They didn't qualify for it. The "white papers" have been all checked off. Every benchmark on those "white papers" is done. Now the question is Kazemi...Are you ready to make the announcement of everything that is in those "white papers"? ...we do not have the authority to tell them to raise the value of their currency. Their bank. Their government. Their Prime Minister. Their Leaders. They're the ones that make that decision.
8-26-2020 Intel Guru MarkZ [via PDK] The news is painfully quiet out of banking centers right now...I am told they have a set schedule now and its rolling out quickly. They are really leaning on banking folks to stay quiet.
8-26-2020 Newshound Guru Adam Montana Articles: "The Council of Ministers holds its regular session headed by Al-Kazemi"; "Al-Kazemi: The challenges are great and we have an opportunity to take the country to the right path" Kazzammie is back from the US. By all reports, his meeting with President Trump went well...the feeling is pretty simple - moving on, moving forward, the future is bright. ...Kazzammie is not only back from a potentially important meeting, but he is back and right back to it...Overall, we have so much to be positive about - the new PM in Iraq is just cruising along, accomplishing things, crushing it. The riots and protests that came before him are a thing of the past. There is a standing agreement regarding the Budget that is on track to be set in stone, and believe it or not... we're talking about agreements happening ahead of normal schedule. This is like no other time in Iraq's recent history, and it's pretty exciting...GOOOO RRRRRRRVVVVV!!!!!
8-26-2020 Intel Guru Frank26 ...I'm of the point of view that it can happen at any moment. I believe that the rate can be changed because it's already changed. All that is needed is for the rate change to be announced...I know Donald Trump met with Kazemi for the purpose of talking about the currency of their country. One of the biggest things that came out of this meeting IMO is a commitment from Kazemi...Kazemi has promised Donald Trump to de-dollarize Iraq...
8-26-2020 Intel Guru RayRen98 [...Bank Appointments this week?] I'M HEARING OF SEVERAL TAKING PLACE THIS WEEK...PROGRESS IN THE MAKING!
8-26-2020 Intel Guru Frank26 ...this cannot happen with a non-sovereign country. This cannot happen with a non-sovereign currency. All of this business, all of these contracts...Donald Trump is a businessman...as the days go by, as the weeks go by we're going to learn more and more about what Trump has given to Kazemi for Iraq. We're going to learn more and more about these meetings...Trump wants to see dollar signs...Trump wants the end results to be the black ink. We don't want no red. Trump wants to see dollar signs. This is all about business...Iraq's economy is about to explode nuclear.
8-26-2020 Intel Guru Delta What do you think is the importance of Kurdistan traveling with Kazemi to come to Washington D.C.? That's really significant...this is the first time I see Kurdistan traveling with the official government from central Baghdad...I think this is very huge...it gives you indication that there are unity between them. You know if they're not happy you'll never see them traveling all the way down to the U.S...you know what's going to make them more united right? The new currency...lower denominations...have the Kurdish language on it...that part too is going to unite the whole country...so this is a major and a huge significant part for them to join the government with the negotiation and those contracts with the U.S...
8-26-2020 Newshound/Intel Guru Mnt Goat ...President Trump is mandating that the Iranian militias be disbanded and guns taken away. Folks, this is what we have been waiting for since 2014. This is WOW news. It is about time. But this would not have happened without Trump. So we let this play out and watch the stability come back to Iraq slowly. This will lead to a climate that they can then rebuild the country and their economy.
8-26-2020 Newshound Guru Pimpy A lot of positive energy coming out of Iraq. They seem to be going everywhere and getting things accomplished...ever since our boy Al-Kazemi has gotten into office Iraq has been really really busy... Article" "The disclosure of 5 type of support that Al-Kazemi obtained during his recent visit to Washington" ...They feel they got a lot of respect from Trump and in fact them acknowledging their government is really key to the growth of Iraq...
8-26-2020 Intel Guru Delta ...the Central Bank of Iraq will tell you exactly what they're about to do. I'm waiting for a beautiful and very important article that should come up. It could be a day. It could be weeks...the article about lifting the 3 zeros...that's what's going to put a stop to all the speculations...
8-26-2020 Intel Guru Bruce [via WiserNow] ...Guys, this is it – we are close...I’ll tell you from some bank sources that we like very very much – they’re looking at...us...to get started as early as tomorrow – (Wednesday)... There are other people that are looking very hard at Thursday - for us to get started...I am going to say right now from Wednesday to Friday is prime time – That is really looking good...Could it slip to Saturday? It is possible yes...but I believe it is to start this week...I think everything is pointing towards it – and I’m just giving you what I’ve got...and that is looking very strong for Wednesday – Thursday – or Friday of this week...
8-26-2020 Intel Guru Frank26 ...the biggest thing that came out of this meeting [The Washington Meeting], actually is two things. 1. A commitment from Kazemi to Donald Trump that Iraq will de-dollarize and 2. The acceptance that they are going to announce that they have a change in their exchange rate. That they have added value to their currency. That's the only reason why you see Donald Trump give all these contracts to Kazemi. Why didn't they hand them out before? The week before? The month before? The year before? They didn't qualify for it. The "white papers" have been all checked off. Every benchmark on those "white papers" is done. Now the question is Kazemi...Are you ready to make the announcement of everything that is in those "white papers"? ...we do not have the authority to tell them to raise the value of their currency. Their bank. Their government. Their Prime Minister. Their Leaders. They're the ones that make that decision.
8-26-2020 Intel Guru MarkZ [via PDK] The news is painfully quiet out of banking centers right now...I am told they have a set schedule now and its rolling out quickly. They are really leaning on banking folks to stay quiet.
8-26-2020 Newshound Guru Adam Montana Articles: "The Council of Ministers holds its regular session headed by Al-Kazemi"; "Al-Kazemi: The challenges are great and we have an opportunity to take the country to the right path" Kazzammie is back from the US. By all reports, his meeting with President Trump went well...the feeling is pretty simple - moving on, moving forward, the future is bright. ...Kazzammie is not only back from a potentially important meeting, but he is back and right back to it...Overall, we have so much to be positive about - the new PM in Iraq is just cruising along, accomplishing things, crushing it. The riots and protests that came before him are a thing of the past. There is a standing agreement regarding the Budget that is on track to be set in stone, and believe it or not... we're talking about agreements happening ahead of normal schedule. This is like no other time in Iraq's recent history, and it's pretty exciting...GOOOO RRRRRRRVVVVV!!!!!
8-26-2020 Intel Guru Frank26 ...I'm of the point of view that it can happen at any moment. I believe that the rate can be changed because it's already changed. All that is needed is for the rate change to be announced...I know Donald Trump met with Kazemi for the purpose of talking about the currency of their country. One of the biggest things that came out of this meeting IMO is a commitment from Kazemi...Kazemi has promised Donald Trump to de-dollarize Iraq...
8-26-2020 Intel Guru RayRen98 [...Bank Appointments this week?] I'M HEARING OF SEVERAL TAKING PLACE THIS WEEK...PROGRESS IN THE MAKING!
8-26-2020 Intel Guru Frank26 ...this cannot happen with a non-sovereign country. This cannot happen with a non-sovereign currency. All of this business, all of these contracts...Donald Trump is a businessman...as the days go by, as the weeks go by we're going to learn more and more about what Trump has given to Kazemi for Iraq. We're going to learn more and more about these meetings...Trump wants to see dollar signs...Trump wants the end results to be the black ink. We don't want no red. Trump wants to see dollar signs. This is all about business...Iraq's economy is about to explode nuclear.
8-26-2020 Intel Guru Delta What do you think is the importance of Kurdistan traveling with Kazemi to come to Washington D.C.? That's really significant...this is the first time I see Kurdistan traveling with the official government from central Baghdad...I think this is very huge...it gives you indication that there are unity between them. You know if they're not happy you'll never see them traveling all the way down to the U.S...you know what's going to make them more united right? The new currency...lower denominations...have the Kurdish language on it...that part too is going to unite the whole country...so this is a major and a huge significant part for them to join the government with the negotiation and those contracts with the U.S...
8-26-2020 Newshound/Intel Guru Mnt Goat ...President Trump is mandating that the Iranian militias be disbanded and guns taken away. Folks, this is what we have been waiting for since 2014. This is WOW news. It is about time. But this would not have happened without Trump. So we let this play out and watch the stability come back to Iraq slowly. This will lead to a climate that they can then rebuild the country and their economy.
8-26-2020 Newshound Guru Pimpy A lot of positive energy coming out of Iraq. They seem to be going everywhere and getting things accomplished...ever since our boy Al-Kazemi has gotten into office Iraq has been really really busy... Article" "The disclosure of 5 type of support that Al-Kazemi obtained during his recent visit to Washington" ...They feel they got a lot of respect from Trump and in fact them acknowledging their government is really key to the growth of Iraq...
8-25-2020 Newshound/Intel Guru Petra ...nothing starts until that rate changes. All these plans/projects with the IMF, with the World Bank, with the Arab Monetary Fund, with the United States Treasury, with the Fab 4, nothing starts until that rate changes. So right now it's all talk. We need to see them act...they're meeting with all the right people so that's great progress...they're not discussing peanut butter and jelly sandwiches. They're talking about the future and a rate and programs and those 11 billion dollars in contracts that Kazemi signed over here has got to have performance clauses in it - ie timing. And a rate. The rate has got to be there. It's got to be at an equitable rate...Obviously a lot has gone on behind the scenes that we were not aware of because they've kept it quite. I'm sure there's a lot more stuff we're going to learn about in the next few days that we have no idea that happened...
8-25-2020 Newshound/Intel Guru Mnt Goat I know many of you were very disappointed that the August window did not open up as I expected it might. Trust me I too am VERY disappointed along with you. I was only relaying to you what my contact in the CBI told me they were targeting but could not pull it off as planned. Now that they are closer to January (the most opportune time to reinstate) they are just going to wait and ensure everything is set. This gives them 4 more months. But the news this week was all still very good and Iraq is moving in the right direction.
8-25-2020 Intel Guru Frank26 Kazimi came back to Iraq to a hornet's nest...he found out that there were millions of dollars that were stolen from the CBI auction while he was gone. He found out who did it and arrested hundreds and hundreds of people from the government...IMO you are about to see, maybe because of orders that were given to Kazemi, parliament dissolved...IMO Kazemi has come back with some powerful orders...Kazemi has to clean up and that's what he's doing...a change in the guard is coming in the Middle East and in Iraq...
8-25-2020 Guest Guru claud39 Article: "The Central Bank renews the ISO Quality Management System Certificate in Cash Management" ...I can not wait to see the beginning of the year 2021...try to convince me that they are not going abroad for currency exchange, since 2015 the project has been the total change of their banking system, i.e. financial inclusion, staff training, installation of ATMs, FATF monitoring, and also which is the monetary fund project that by 2030 all countries will do financial inclusion like Iraq is currently doing, etc ...As I mention I am...only someone who shares news about Iraq, and it is the news of what is happening in Iraq that gives us signs of change since the new prime minister...
8-25-2020 Intel Guru Footforward When Iraq did their budget they had said they wanted to come back half way through the year to re-evaluate the budget. Only two reasons to do so in my opinion. RV or a significant jump in oil. They also have educated the citizens for months now. [Guru] Delta himself talked about this months ago. To say they now have to educate the citizens I don't agree with. Part of the reason they are rioting and protesting is because they have been told this change is coming and it hasn't happened yet. Also in my opinion they have to revalue over night. I have a really strong reason for that opinion. Heck even people in the GOI are publicly calling for this now. Maybe [Guru] Delta is right. Maybe they do wait for the new fiscal year. But Kuwait lied before they revalued. History does tend to repeat itself. I don't think they would just give away the time frame so clearly. Just my opinion.
8-25-2020 Intel Guru MarkZ [via PDK] [Is it soup yet?] I believe the soup is in the pot and cooking right now. Still quiet from the banking centers...I spoke with a very good government contact who told me that “this schedule is very much set” and there is a lot of pressure on to be very quiet. At this point I believe the schedule is set and it’s rolling out. ...I believe everything will be in place by Oct 1st. I believe over the next week or two we have to start seeing activity...
8-25-2020 Newshound Guru Pimpy To me the Iraqi dinar and the Vietnam dong are what I call a low risk high reward possibility...I could tell you that I own personally 4 million dinars and about 6 million Vietnam dong. Because what I did is I set a limit for myself...when you tell people that 'Oh you must not have faith in it!' What the hell? Because they think the amount I'm holding is too low. That's not true. I'm just limiting my holding...because this could be a risk. There is nothing out there guaranteeing that a rate change is going to come...Nothing whatsoever...IMPO I think there's a pretty good chance that this is going to happen. I'm not going to sit here and lie to you and blow smoke up your ass and tell you that I Know for sure because nobody knows. I can tell you I've done plenty of research and there's plenty of reason to believe that what happened to the Kuwait dinar will happen to the Iraqi dinar...holding on to Iraqi dinar I think is a smart investment. Don't get carried away and buy a billion, trillion quadrillion dinar. Don't do that. Just hang tight...
8-25-2020 Intel Guru Frank26 ...the treatment that Kazemi received was first class. It was the most respectful...the plan was for Kazemi to meet the Fab 4 in Washington D.C...it was a whole lot more than you can imagine that came with Kazemi. It was a very very large entourage. They had covered many different subjects...but the majority of what they were covering was the currency of their country, their economic growth of their country...notice I didn't say monetary reform. Because that's in the 'white papers' and it is complete. Done. Everything is signed. Iraq needs to announce that they have a new exchange rate...
8-25-2020 Newshound Guru MilitiaMan Article: "A leader in victory talks about the reasons behind Washington's keenness to improve the relationship between Baghdad and Erbil" They have an agreement. They are completing automation at the borders and customs ports. They have not paid salaries yet and the Ministry of Finance has said to not yet, as there is equality issues to deal with. They have the newly updated ISO Certificate. Based on best practices and equality. Don't think for a minute this is not all related to economic reforms being implemented... imo
8-25-2020 Newshound/Intel Guru Mnt Goat I know many of you were very disappointed that the August window did not open up as I expected it might. Trust me I too am VERY disappointed along with you. I was only relaying to you what my contact in the CBI told me they were targeting but could not pull it off as planned. Now that they are closer to January (the most opportune time to reinstate) they are just going to wait and ensure everything is set. This gives them 4 more months. But the news this week was all still very good and Iraq is moving in the right direction.
8-25-2020 Intel Guru Frank26 Kazimi came back to Iraq to a hornet's nest...he found out that there were millions of dollars that were stolen from the CBI auction while he was gone. He found out who did it and arrested hundreds and hundreds of people from the government...IMO you are about to see, maybe because of orders that were given to Kazemi, parliament dissolved...IMO Kazemi has come back with some powerful orders...Kazemi has to clean up and that's what he's doing...a change in the guard is coming in the Middle East and in Iraq...
8-25-2020 Guest Guru claud39 Article: "The Central Bank renews the ISO Quality Management System Certificate in Cash Management" ...I can not wait to see the beginning of the year 2021...try to convince me that they are not going abroad for currency exchange, since 2015 the project has been the total change of their banking system, i.e. financial inclusion, staff training, installation of ATMs, FATF monitoring, and also which is the monetary fund project that by 2030 all countries will do financial inclusion like Iraq is currently doing, etc ...As I mention I am...only someone who shares news about Iraq, and it is the news of what is happening in Iraq that gives us signs of change since the new prime minister...
8-25-2020 Intel Guru Footforward When Iraq did their budget they had said they wanted to come back half way through the year to re-evaluate the budget. Only two reasons to do so in my opinion. RV or a significant jump in oil. They also have educated the citizens for months now. [Guru] Delta himself talked about this months ago. To say they now have to educate the citizens I don't agree with. Part of the reason they are rioting and protesting is because they have been told this change is coming and it hasn't happened yet. Also in my opinion they have to revalue over night. I have a really strong reason for that opinion. Heck even people in the GOI are publicly calling for this now. Maybe [Guru] Delta is right. Maybe they do wait for the new fiscal year. But Kuwait lied before they revalued. History does tend to repeat itself. I don't think they would just give away the time frame so clearly. Just my opinion.
8-25-2020 Intel Guru MarkZ [via PDK] [Is it soup yet?] I believe the soup is in the pot and cooking right now. Still quiet from the banking centers...I spoke with a very good government contact who told me that “this schedule is very much set” and there is a lot of pressure on to be very quiet. At this point I believe the schedule is set and it’s rolling out. ...I believe everything will be in place by Oct 1st. I believe over the next week or two we have to start seeing activity...
8-25-2020 Newshound Guru Pimpy To me the Iraqi dinar and the Vietnam dong are what I call a low risk high reward possibility...I could tell you that I own personally 4 million dinars and about 6 million Vietnam dong. Because what I did is I set a limit for myself...when you tell people that 'Oh you must not have faith in it!' What the hell? Because they think the amount I'm holding is too low. That's not true. I'm just limiting my holding...because this could be a risk. There is nothing out there guaranteeing that a rate change is going to come...Nothing whatsoever...IMPO I think there's a pretty good chance that this is going to happen. I'm not going to sit here and lie to you and blow smoke up your ass and tell you that I Know for sure because nobody knows. I can tell you I've done plenty of research and there's plenty of reason to believe that what happened to the Kuwait dinar will happen to the Iraqi dinar...holding on to Iraqi dinar I think is a smart investment. Don't get carried away and buy a billion, trillion quadrillion dinar. Don't do that. Just hang tight...
8-25-2020 Intel Guru Frank26 ...the treatment that Kazemi received was first class. It was the most respectful...the plan was for Kazemi to meet the Fab 4 in Washington D.C...it was a whole lot more than you can imagine that came with Kazemi. It was a very very large entourage. They had covered many different subjects...but the majority of what they were covering was the currency of their country, their economic growth of their country...notice I didn't say monetary reform. Because that's in the 'white papers' and it is complete. Done. Everything is signed. Iraq needs to announce that they have a new exchange rate...
8-25-2020 Newshound Guru MilitiaMan Article: "A leader in victory talks about the reasons behind Washington's keenness to improve the relationship between Baghdad and Erbil" They have an agreement. They are completing automation at the borders and customs ports. They have not paid salaries yet and the Ministry of Finance has said to not yet, as there is equality issues to deal with. They have the newly updated ISO Certificate. Based on best practices and equality. Don't think for a minute this is not all related to economic reforms being implemented... imo
8-24-2020 Newshound Guru Pimpy You hear these stories that the Iraq investment is a scam. Let me just tell you this, I've done a lot of research. I can tell you that the Iraqi dinar has been used as a tool to commit scams. The Iraqi dinar itself is not a scam. You could purchase it and you can sell it. You can use it if you were in Iraq. So no it's not a scam. If it was a scam you wouldn't be able to use the currency at all...
8-24-2020 Newshound Guru MilitiaMan Article: "The Central Bank renews the ISO Quality Management System Certificate in Cash Management" They are certified again and that will be a leg up going into the new social market economy they are going to... imo.
8-24-2020 Intel Guru MarkZ [via PDK] ...My currency people are now looking at the long Labor Day weekend…So my fingers are crossed for then... Mr. C [Guru Mike Cottrell] still thinks Nov…I think the latest is Oct. 1st but looking for it sooner than that. My opinion is they need us to go in and exchange before Oct. 1st. We all want to wish Okie [Guru OkieOilMan] a big Happy Birthday today!!!
8-24-2020 Newshound Guru Pimpy Iraq was invaded. The value was dropped. Once the invasion was over in 2003 they swapped out the old (Swiss) Iraqi dinars - the ones with Saddam Hussein's face were taken out and the new dinars put in, which are the ones we see now. What everybody's hoping is that when it's time, that they reinstate the rate and the rate at the time was $3.22. That's what a lot of people are hoping will happen again. There are a bunch of different arguments going both ways...on whether this will happen...You should approach knowing...all investments are a risk... [Post 3 of 3]
8-24-2020 Newshound Guru Pimpy Then all of sudden they got invaded. Well they dropped it down to where you could get a million Kuwait dinars (I'm just making this up) for 10 dollars. So they do that on purpose. Then as soon as they got Iraq out of Kuwait and they started getting back on their feet all they did was reinstate the rate so it went right back up to where it was - over $3. So those individuals who happen to be holding onto the Kuwait dinar, some people for some reason somehow knew about it ahead of time...it created some millionaires. So people bought a whole bunch of it, once the rate change happened it created a bunch of millionaires. That's what everybody is basing this whole investment into the Iraqi dinar on. [post 2 of 3....stay tuned]
8-24-2020 Newshound Guru Pimpy We're going to talk about the dinar today because there's a lot of newbies that are interested in it or have invested into into the Iraqi dinar...whenever any country invades another country usually what happens to protect...the wealth of a nation they usually devalue their currency down to damn near nothing - where it's worthless. As soon as everything gets back to normal...the country is no longer being invaded and they're back to where they were, then what they'll do is they'll revalue or reinstate the rate...to give you an example - let's say at the time the Kuwait invasion you were getting 3 American dollars for every 1 Kuwaiti dinar. [post 1 of 3....stay tuned]
8-24-2020 Newshound Guru MilitiaMan Article: "Iraqi-American Partnership .. Foreign Experience and Opportunity for Economic Advancement" Quote: "Iraq possesses raw materials that represent a store of raw materials at the level of the globe, indicating that if the American administration can pressure its companies towards investing these raw materials, whether at the level of gas, oil, phosphates or cement, then Iraq can create resources far from Oil and diversifies its economy." Surely we can get the broader picture and put aside that the negativity of this hasn't RI'd yet, to rest. The process is clearly a massive endeavor and now we see evidence of the deals are going to be in RAW MATERIALS... Some very big companies can be attracted by the USA Administration. Getting so very good...imo ...WE shall see how this unfolds. imo
8-24-2020 Newshound Guru MilitiaMan Article: "The Central Bank renews the ISO Quality Management System Certificate in Cash Management" They are certified again and that will be a leg up going into the new social market economy they are going to... imo.
8-24-2020 Intel Guru MarkZ [via PDK] ...My currency people are now looking at the long Labor Day weekend…So my fingers are crossed for then... Mr. C [Guru Mike Cottrell] still thinks Nov…I think the latest is Oct. 1st but looking for it sooner than that. My opinion is they need us to go in and exchange before Oct. 1st. We all want to wish Okie [Guru OkieOilMan] a big Happy Birthday today!!!
8-24-2020 Newshound Guru Pimpy Iraq was invaded. The value was dropped. Once the invasion was over in 2003 they swapped out the old (Swiss) Iraqi dinars - the ones with Saddam Hussein's face were taken out and the new dinars put in, which are the ones we see now. What everybody's hoping is that when it's time, that they reinstate the rate and the rate at the time was $3.22. That's what a lot of people are hoping will happen again. There are a bunch of different arguments going both ways...on whether this will happen...You should approach knowing...all investments are a risk... [Post 3 of 3]
8-24-2020 Newshound Guru Pimpy Then all of sudden they got invaded. Well they dropped it down to where you could get a million Kuwait dinars (I'm just making this up) for 10 dollars. So they do that on purpose. Then as soon as they got Iraq out of Kuwait and they started getting back on their feet all they did was reinstate the rate so it went right back up to where it was - over $3. So those individuals who happen to be holding onto the Kuwait dinar, some people for some reason somehow knew about it ahead of time...it created some millionaires. So people bought a whole bunch of it, once the rate change happened it created a bunch of millionaires. That's what everybody is basing this whole investment into the Iraqi dinar on. [post 2 of 3....stay tuned]
8-24-2020 Newshound Guru Pimpy We're going to talk about the dinar today because there's a lot of newbies that are interested in it or have invested into into the Iraqi dinar...whenever any country invades another country usually what happens to protect...the wealth of a nation they usually devalue their currency down to damn near nothing - where it's worthless. As soon as everything gets back to normal...the country is no longer being invaded and they're back to where they were, then what they'll do is they'll revalue or reinstate the rate...to give you an example - let's say at the time the Kuwait invasion you were getting 3 American dollars for every 1 Kuwaiti dinar. [post 1 of 3....stay tuned]
8-24-2020 Newshound Guru MilitiaMan Article: "Iraqi-American Partnership .. Foreign Experience and Opportunity for Economic Advancement" Quote: "Iraq possesses raw materials that represent a store of raw materials at the level of the globe, indicating that if the American administration can pressure its companies towards investing these raw materials, whether at the level of gas, oil, phosphates or cement, then Iraq can create resources far from Oil and diversifies its economy." Surely we can get the broader picture and put aside that the negativity of this hasn't RI'd yet, to rest. The process is clearly a massive endeavor and now we see evidence of the deals are going to be in RAW MATERIALS... Some very big companies can be attracted by the USA Administration. Getting so very good...imo ...WE shall see how this unfolds. imo
8-23-2020 Newshound Guru MilitiaMan Article: "The Finance Ministry responds to "shaded information" on customs automation" The transparency that comes with automation is exactly what they need. They have the interests of the region and are in continuous talks with the World Bank. I'll bet that in of it self shows they are about ready to fully complete the what is in the White Papers to usher in the new Market Economy.
8-23-2020 Newshound Guru Pimpy ...Al-Kazemi is the man. He didn't waste no time. He found out exactly what they needed to do. What they needed to get done. Hell the man started getting things done on the way back as well. He did not play around...this man is no joke...He went there [Washington] on a mission and he accomplished a lot IMO...What I don't want to see happen is people get immune to the good news and you become impatient. Everything we're seeing one step at a time seems to be a great step in a positive direction...we are definitely getting there.
8-23-2020 Newshound Guru MilitiaMan Article: "A Project To “Automate” Customs And Ports, In Agreement With A Well-Known Company" The border crossings and customs have been in a work in progress for some time and suggesting now they have completion with electronic system that will not be done by hand where corruption lays! Electronic systems provide transparency and this new PM knows it and with his new deputy in place they’ll make sure the systems work in the citizens best interest...His goal is to secure finances to help pay salaries and bring confidence to his people...The finance minister has not released salaries, yet...My view is there is a reason for that and it is what we are looking for. A change to the way and or amounts that will be paid...A-good sign is pressure is on from the lack of liquidity and payments. The citizens want to get paid...imo.
8-23-2020 Intel Guru RayRen98 I DON'T KNOW WHY...SOME BANKERS ARE EXCITED ABOUT THE END OF "THIS" WEEK...TIME WILL TELL!! [...if the bankers are indicating excitement enough to possibly reach out to their clients, is this behavior coming from more than 1 source or more than 1 bank source? Seems posi+ive towards our goals.] YEP!!
8-23-2020 Intel Guru RayRen98 Weekend UPDATE...SATURDAY - US troops are withdrawing from a base near Baghdad, the base will be turned back over to Iraqi troops on Sunday. A recent audit reveals 11 billion dinar stolen from last Wednesday's currency auction. Al-Kadhimi is at home today. The violence in Basra is lead by Turkish connections. Supposedly, the Sadr group is threatening Al-Kadhimi since his return from Washington.
8-23-2020 Newshound Guru Pimpy ...Al-Kazemi is the man. He didn't waste no time. He found out exactly what they needed to do. What they needed to get done. Hell the man started getting things done on the way back as well. He did not play around...this man is no joke...He went there [Washington] on a mission and he accomplished a lot IMO...What I don't want to see happen is people get immune to the good news and you become impatient. Everything we're seeing one step at a time seems to be a great step in a positive direction...we are definitely getting there.
8-23-2020 Newshound Guru MilitiaMan Article: "A Project To “Automate” Customs And Ports, In Agreement With A Well-Known Company" The border crossings and customs have been in a work in progress for some time and suggesting now they have completion with electronic system that will not be done by hand where corruption lays! Electronic systems provide transparency and this new PM knows it and with his new deputy in place they’ll make sure the systems work in the citizens best interest...His goal is to secure finances to help pay salaries and bring confidence to his people...The finance minister has not released salaries, yet...My view is there is a reason for that and it is what we are looking for. A change to the way and or amounts that will be paid...A-good sign is pressure is on from the lack of liquidity and payments. The citizens want to get paid...imo.
8-23-2020 Intel Guru RayRen98 I DON'T KNOW WHY...SOME BANKERS ARE EXCITED ABOUT THE END OF "THIS" WEEK...TIME WILL TELL!! [...if the bankers are indicating excitement enough to possibly reach out to their clients, is this behavior coming from more than 1 source or more than 1 bank source? Seems posi+ive towards our goals.] YEP!!
8-23-2020 Intel Guru RayRen98 Weekend UPDATE...SATURDAY - US troops are withdrawing from a base near Baghdad, the base will be turned back over to Iraqi troops on Sunday. A recent audit reveals 11 billion dinar stolen from last Wednesday's currency auction. Al-Kadhimi is at home today. The violence in Basra is lead by Turkish connections. Supposedly, the Sadr group is threatening Al-Kadhimi since his return from Washington.
8-22-2020 Newshound Guru Pimpy ...what was going on during Al-Kazemi's visit here. I can tell you this, the man, the entire time kept stressing the importance that the United States recognized the sovereignty of Iraq. He said it several times. He wasn't just asking he was saying that the United States in order for us to move forward and do deals must recognize that everything we do that Iraq is a sovereign state...He very impressive... Article quote "...indicates that the United States supports the current Iraqi government and its national orientations and affirmed that Iraq is an independent country." In other words recognizing their sovereignty. So Nancy Pelosi put it out there...
8-22-2020 Newshound/Intel Guru Mnt Goat Article: "US President Trump meets with Iraq prime minister Al-Kazemi last Thursday. Discussions and agreements went well in all directions." Quote: "A high-ranking official in the US administration in the White House said that our talks with Prime Minister Mustafa Al-Kazemi went well and will help ensure that there is no "malign influence of Iran." US companies to expand into Iraq with billions to help rebuild the war torn country still since 2003." [Everything is on track, momentum is picking up...] ...you are correct...
8-22-2020 Newshound Guru Kaperoni The four contracts that were signed over the past few days with Iraq are a good start to launching investment and ultimately a private sector but it's up to Iraq since they still have laws to pass as well as creating the conditions for more investors to participate.
8-22-2020 Newshound/Intel Guru Mnt Goat Article: "US President Trump meets with Iraq prime minister Al-Kazemi last Thursday. Discussions and agreements went well in all directions." Quote: "A high-ranking official in the US administration in the White House said that our talks with Prime Minister Mustafa Al-Kazemi went well and will help ensure that there is no "malign influence of Iran." US companies to expand into Iraq with billions to help rebuild the war torn country still since 2003." [Everything is on track, momentum is picking up...] ...you are correct...
8-22-2020 Newshound Guru Kaperoni The four contracts that were signed over the past few days with Iraq are a good start to launching investment and ultimately a private sector but it's up to Iraq since they still have laws to pass as well as creating the conditions for more investors to participate.
8-21-2020 ** Dinar Guru CBI Update ** The Central Bank of Iraq's officially reported MARKET rate of the Iraqi dinar is now within tenths of a point from compliance with the IMF 2% rule. It currently stands at 1214.013. The dinar has been out of compliance since April 21, 2020. This is a 20 point shift in the market rate within days. It is unknown if this is a blip in the market rate or an upward trend that will continue. You can always see the latest official CBI market rate for the dinar in the left column of this page. Stay tuned as the guru chime in on this development...the latest guru posts will continue below...
8-21-2020 Trump conference with Prime Minister Kazemi in Washington.
8-21-2020 Newshound Guru Jeff ...Trump made it very clear we are not removing our troops until we've been paid which means theoretically...we're not pulling the troops until Iraq has revalued the currency and it has value because we've already been paid in dinar it just doesn't have value. So until it has value we have not been paid...
8-21-2020 Newshound Guru Pimpy ...it looks to me like they're just getting ready to make a huge move into rebuilding Iraq . There are some things I want to see get done first and it looks like they're heading in some major positive ways...this is a great huge step forward for Iraq...sort term/long term I'm looking for anything that can help the economy grow, anything whatsoever because if their economy grows so does the value of their currency.
8-21-2020 Newshound/Intel Guru Mnt Goat Article: "PRIME MINISTER MUSTAFA AL-KAZEMI WILL MEET WITH U.S. PRESIDENT DONALD TRUMP AT THE WHITE HOUSE" I can assure you that the RV or reinstatement will not happen anytime soon after his visit or return home to Iraq . However, having said this Al-Kazemi is setting the groundwork and establishing relations that will lead to and enable the CBI to conduct the project to delete the zeros, which we all know leads to the reinstatement soon after.
8-21-2020 Intel Guru Bruce [via WiserNow] ...the Iraqi delegation...came in...they had their meeting – we know that they did accomplish some things – I think they did sign off on a few things...So...are we going to see a rate change for Iraq anytime soon? We think they usually do that on a Wednesday or a Saturday...they may do something more internationally on Saturday... I did get from a top banking source – that the switch was pulled at 4PM this afternoon [Thursday]... Does it mean something could happen Saturday? I don’t think we can write that off – even though we usually do talk about next week – and look it could go to that – not saying it won’t...I’m saying one of our sources who gave us previous information said – be aware of the next couple of days and don’t write off the weekend as a possibility...I am going to say we are on a day by day basis... I am excited about where we are...
8-21-2020 Intel Guru RayRen98 Thursday UPDATE... : WASHINGTON IS SUPPOSEDLY REPORTING THAT THIS MORNING MEETINGS HAVE CONCLUDED THAT THE KURDS AND BAGHDAD HAVE COMPLETED THEIR AGREEMENT ON THE MONEY AND THE DISPUTED TERRITORY! PRIME MINISTER AL-KADHIMI ANNOUNCES THAT IRAQ IS OPEN FOR U.S. BUSINESS AND A RAPID EXIT OF MILITARY FORCES OVER A PERIOD OF 3 YEARS. AL-HALBOUSI, SPEAKER OF THE COUNCIL OF REPRESENTATIVES, STATED THAT PARLIAMENT WILL CONVENE SEPTEMBER 3 WITH SEVERAL LAWS BEING ADDRESSED AND THE SURFACING OF THE 2020 BUDGET COMING SOON. US BANKS ARE "REVVING UP" THEIR RESOURCES, SOME PLANNING TO CONTACT CUSTOMERS PRIVATELY.
8-21-2020 Intel Guru Footforward [...I guess this could go on for years...] ...This shouldn't go on for years in my opt...what I see is that Iran's entire network is absolutely being dismantled. That alone is a huge deal and something that shifts things in Iraq and the middle east...And so so so much is coming together right now...Very suddenly the RV will just happen.
8-21-2020 Intel Guru MarkZ [via PDK] I still have bankers waiting for activity over the weekend and waiting for announcements from Iraq.
8-21-2020 Newshound Guru MilitiaMan Article: "The Central Bank directs banks not to disburse salaries without financial approval" They are holding back because they await the White Papers or notification that they can pay everyone equally. That will require the new rate imo. Hence, the meetings in DC are being said to be very successful and whereby international status is front and center. That must have a rate oriented to the deals. The goal is to complete reforms. That requires Article 8. Well who met with Kahdimi yesterday? Yep. The IMF did. Getting good my friends!! ...imo.
8-21-2020 Newshound Guru Jeff ...the definition of sovereignty is a self governing state...right now the U.S. does not govern Iraq. We were coaching Iraq and we have handcuffs on them preventing them from going International but we do not govern them...they manage their own affairs. Right now they're even making international moves again. They're doing their own thing.
8-21-2020 Newshound Guru Pimpy ...it looks to me like they're just getting ready to make a huge move into rebuilding Iraq . There are some things I want to see get done first and it looks like they're heading in some major positive ways...this is a great huge step forward for Iraq...sort term/long term I'm looking for anything that can help the economy grow, anything whatsoever because if their economy grows so does the value of their currency.
8-21-2020 Newshound/Intel Guru Mnt Goat Article: "PRIME MINISTER MUSTAFA AL-KAZEMI WILL MEET WITH U.S. PRESIDENT DONALD TRUMP AT THE WHITE HOUSE" I can assure you that the RV or reinstatement will not happen anytime soon after his visit or return home to Iraq . However, having said this Al-Kazemi is setting the groundwork and establishing relations that will lead to and enable the CBI to conduct the project to delete the zeros, which we all know leads to the reinstatement soon after.
8-21-2020 Intel Guru Bruce [via WiserNow] ...the Iraqi delegation...came in...they had their meeting – we know that they did accomplish some things – I think they did sign off on a few things...So...are we going to see a rate change for Iraq anytime soon? We think they usually do that on a Wednesday or a Saturday...they may do something more internationally on Saturday... I did get from a top banking source – that the switch was pulled at 4PM this afternoon [Thursday]... Does it mean something could happen Saturday? I don’t think we can write that off – even though we usually do talk about next week – and look it could go to that – not saying it won’t...I’m saying one of our sources who gave us previous information said – be aware of the next couple of days and don’t write off the weekend as a possibility...I am going to say we are on a day by day basis... I am excited about where we are...
8-21-2020 Intel Guru RayRen98 Thursday UPDATE... : WASHINGTON IS SUPPOSEDLY REPORTING THAT THIS MORNING MEETINGS HAVE CONCLUDED THAT THE KURDS AND BAGHDAD HAVE COMPLETED THEIR AGREEMENT ON THE MONEY AND THE DISPUTED TERRITORY! PRIME MINISTER AL-KADHIMI ANNOUNCES THAT IRAQ IS OPEN FOR U.S. BUSINESS AND A RAPID EXIT OF MILITARY FORCES OVER A PERIOD OF 3 YEARS. AL-HALBOUSI, SPEAKER OF THE COUNCIL OF REPRESENTATIVES, STATED THAT PARLIAMENT WILL CONVENE SEPTEMBER 3 WITH SEVERAL LAWS BEING ADDRESSED AND THE SURFACING OF THE 2020 BUDGET COMING SOON. US BANKS ARE "REVVING UP" THEIR RESOURCES, SOME PLANNING TO CONTACT CUSTOMERS PRIVATELY.
8-21-2020 Intel Guru Footforward [...I guess this could go on for years...] ...This shouldn't go on for years in my opt...what I see is that Iran's entire network is absolutely being dismantled. That alone is a huge deal and something that shifts things in Iraq and the middle east...And so so so much is coming together right now...Very suddenly the RV will just happen.
8-21-2020 Intel Guru MarkZ [via PDK] I still have bankers waiting for activity over the weekend and waiting for announcements from Iraq.
8-21-2020 Newshound Guru MilitiaMan Article: "The Central Bank directs banks not to disburse salaries without financial approval" They are holding back because they await the White Papers or notification that they can pay everyone equally. That will require the new rate imo. Hence, the meetings in DC are being said to be very successful and whereby international status is front and center. That must have a rate oriented to the deals. The goal is to complete reforms. That requires Article 8. Well who met with Kahdimi yesterday? Yep. The IMF did. Getting good my friends!! ...imo.
8-21-2020 Newshound Guru Jeff ...the definition of sovereignty is a self governing state...right now the U.S. does not govern Iraq. We were coaching Iraq and we have handcuffs on them preventing them from going International but we do not govern them...they manage their own affairs. Right now they're even making international moves again. They're doing their own thing.
8-20-2020 Intel Guru MarkZ [Do you see this going into Sept.] I don’t see it going past this month…based on chatter...
8-20-2020 Newshound Guru Pimpy You've got a guru out there who's saying..they already have their sovereignty. No they don't. They don't. You have to understand first of all sovereignty is - "Supreme power or authority. The authority of a state to govern itself or another state. A self-governing state." Iraq is under the watchful eye of the United Nations. That's why you see articles like this from June 20, 2020. "Iraq is on the path to regain its stolen sovereignty" ...they need restrictions removed off of them so they can start doing business on a more international level...if you don't control your own militia of military you're not very sovereign now are you?
8-20-2020 Newshound/Intel Guru Mnt Goat Article: "WASHINGTON PULLS THE RUG FROM IRAN AND IRAQ IS NEGOTIATING TO EXPLORE FOR OIL" Quote: "...US companies are negotiating with Iraq to explore for oil, including Chevron, General Electric and Honeywell, in a move aimed at reducing Iraq's dependence on Iran." this is all also being discussed this week with Al-Kazemi’s delegation to the US. We are hopeful of good news. So far we are hearing some wonderful news.
8-20-2020 Newshound Guru MilitiaMan Article: "PM meets Trump: What Outcome for Iraqi Economy?" This article is packed with good information. They say the word soon 7 times lol... They are in a hurry...With K in the USA now, there has to be so very important things to get done. I presume both sides are very well prepared to get the right things done and the right way...An equitable situation for both sides, is what I can see as an outcome. The path looks like it is fresh as new asphalt for smooth rolling... imo.
8-20-2020 Newshound Guru Jeff Article: "Good news from Washington regarding the financial dispute between Baghdad and Kurdistan". This is dang good news. This is huge. Boom! Like I told you guys it's all coming in September...this whole thing between Baghdad and Kurdistan completely revolved around money. This is the last layer needed to bring the stability into Iraq for them to change their rate...they have ended their financial disputes...Boom... September is looking amazing...
8-20-2020 Newshound Guru Pimpy ...what's happening is Kazemi was supposed to go back home after he met with Trump this evening except U.S. Representatives have asked him to stay behind. There might be a meeting with Nancy Pelosi. Leave it to those guys to interrupt and interfere with anything positive. I'm sure what they're telling Al-Kazemi is look you better pay attention to what side of this war you want to be on because if we get reelected things could be pretty messy for you. I wouldn't be surprised if she says something like that. Article Quote "the meeting may include Speaker of the House Nancy Pelosi." Anytime they're involved with anything I just don't trust them at all...
8-20-2020 Intel Guru MarkZ [via PDK] ...I am getting very positive chatter out of the banking cities again… We have been looking at today…the 20th for some type of movement. ...banking centers are finally getting excited again... [I am hoping today is our day!!] I am hoping we see it as well…expecting activity this afternoon…we are expecting announcements from the Iraqi contingent that is here is the US later today. ...We will see…I’m hopeful but grounded.
8-20-2020 Newshound Guru Jeff ...today was a great news day...everything that's happened is exactly as I told you which is awesome...Article "KRG Officials Will Accompany Kadhimi On Visit To Washington" ...since the weekend Kurdistan and Baghdad have been reaching partial agreement so far. Here's more proof because Kurdistan accompanied Kazemi on his visit to Washington which is awesome...They're not telling you everything. They're hiding a lot from you...I firmly believe they're much farther along than what they're telling us. They can't tell us everything...they have to be careful how much information they release to inform us as the investors...I believe Kurdistan and Baghdad most likely already have that agreement in place because otherwise they would not be making the move you're seeing...the end of September is red hot...
8-20-2020 Newshound Guru Pimpy ...I told you the information would be coming fast and furious and it was my belief that when Al-Kazemi came to visit you would see a lot of agreements. You know Trump he's always thinking business...sure enough there are tons of Memorandums of Understanding which is good because we want these outside companies to come into Iraq and start bringing new business in there...invest in Iraq is what we're looking for...
8-20-2020 Newshound Guru Jeff Steve Mnuchin tweeted - "Good meeting with Iraqi Prime Minister Al-Kadhimi. We discussed the US-Iraq Strategic Dialogue and efforts to secure a more stable and prosperous future for Iraq." What did I tell you... these meeting were post rate change. That's the future. They're telling you stable and prosperous future. Even they're telling you future. Boom there you go! Boom! Boom! Boom! Stable and prosperous future for Iraq. Steve Mnuchin confirmed exactly what I told you...this meeting confirms to us that Iraq has met all their benchmarks to be able to change that rate...
8-20-2020 Intel Guru MarkZ ]via PDK] [How many bank accounts can we open at our exchange] I am told that at our exchange they will open one account as a clearing account…then they will direct you to a private banker…At the actual exchange they just want to get it in, make sure you are not a terrorist and move on…at the second apt you can open as many accounts as you want and move funds around…that is how I was told it would work...[How will the 800 number work?] I am told we will get an email or a link to click, we will put in where we are at and that will generate a 800 number based on where you are at. This makes sense…if there was just one number it could overload the system as we all tried to call it.
8-20-2020 Newshound Guru Pimpy You've got a guru out there who's saying..they already have their sovereignty. No they don't. They don't. You have to understand first of all sovereignty is - "Supreme power or authority. The authority of a state to govern itself or another state. A self-governing state." Iraq is under the watchful eye of the United Nations. That's why you see articles like this from June 20, 2020. "Iraq is on the path to regain its stolen sovereignty" ...they need restrictions removed off of them so they can start doing business on a more international level...if you don't control your own militia of military you're not very sovereign now are you?
8-20-2020 Newshound/Intel Guru Mnt Goat Article: "WASHINGTON PULLS THE RUG FROM IRAN AND IRAQ IS NEGOTIATING TO EXPLORE FOR OIL" Quote: "...US companies are negotiating with Iraq to explore for oil, including Chevron, General Electric and Honeywell, in a move aimed at reducing Iraq's dependence on Iran." this is all also being discussed this week with Al-Kazemi’s delegation to the US. We are hopeful of good news. So far we are hearing some wonderful news.
8-20-2020 Newshound Guru MilitiaMan Article: "PM meets Trump: What Outcome for Iraqi Economy?" This article is packed with good information. They say the word soon 7 times lol... They are in a hurry...With K in the USA now, there has to be so very important things to get done. I presume both sides are very well prepared to get the right things done and the right way...An equitable situation for both sides, is what I can see as an outcome. The path looks like it is fresh as new asphalt for smooth rolling... imo.
8-20-2020 Newshound Guru Jeff Article: "Good news from Washington regarding the financial dispute between Baghdad and Kurdistan". This is dang good news. This is huge. Boom! Like I told you guys it's all coming in September...this whole thing between Baghdad and Kurdistan completely revolved around money. This is the last layer needed to bring the stability into Iraq for them to change their rate...they have ended their financial disputes...Boom... September is looking amazing...
8-20-2020 Newshound Guru Pimpy ...what's happening is Kazemi was supposed to go back home after he met with Trump this evening except U.S. Representatives have asked him to stay behind. There might be a meeting with Nancy Pelosi. Leave it to those guys to interrupt and interfere with anything positive. I'm sure what they're telling Al-Kazemi is look you better pay attention to what side of this war you want to be on because if we get reelected things could be pretty messy for you. I wouldn't be surprised if she says something like that. Article Quote "the meeting may include Speaker of the House Nancy Pelosi." Anytime they're involved with anything I just don't trust them at all...
8-20-2020 Intel Guru MarkZ [via PDK] ...I am getting very positive chatter out of the banking cities again… We have been looking at today…the 20th for some type of movement. ...banking centers are finally getting excited again... [I am hoping today is our day!!] I am hoping we see it as well…expecting activity this afternoon…we are expecting announcements from the Iraqi contingent that is here is the US later today. ...We will see…I’m hopeful but grounded.
8-20-2020 Newshound Guru Jeff ...today was a great news day...everything that's happened is exactly as I told you which is awesome...Article "KRG Officials Will Accompany Kadhimi On Visit To Washington" ...since the weekend Kurdistan and Baghdad have been reaching partial agreement so far. Here's more proof because Kurdistan accompanied Kazemi on his visit to Washington which is awesome...They're not telling you everything. They're hiding a lot from you...I firmly believe they're much farther along than what they're telling us. They can't tell us everything...they have to be careful how much information they release to inform us as the investors...I believe Kurdistan and Baghdad most likely already have that agreement in place because otherwise they would not be making the move you're seeing...the end of September is red hot...
8-20-2020 Newshound Guru Pimpy ...I told you the information would be coming fast and furious and it was my belief that when Al-Kazemi came to visit you would see a lot of agreements. You know Trump he's always thinking business...sure enough there are tons of Memorandums of Understanding which is good because we want these outside companies to come into Iraq and start bringing new business in there...invest in Iraq is what we're looking for...
8-20-2020 Newshound Guru Jeff Steve Mnuchin tweeted - "Good meeting with Iraqi Prime Minister Al-Kadhimi. We discussed the US-Iraq Strategic Dialogue and efforts to secure a more stable and prosperous future for Iraq." What did I tell you... these meeting were post rate change. That's the future. They're telling you stable and prosperous future. Even they're telling you future. Boom there you go! Boom! Boom! Boom! Stable and prosperous future for Iraq. Steve Mnuchin confirmed exactly what I told you...this meeting confirms to us that Iraq has met all their benchmarks to be able to change that rate...
8-20-2020 Intel Guru MarkZ ]via PDK] [How many bank accounts can we open at our exchange] I am told that at our exchange they will open one account as a clearing account…then they will direct you to a private banker…At the actual exchange they just want to get it in, make sure you are not a terrorist and move on…at the second apt you can open as many accounts as you want and move funds around…that is how I was told it would work...[How will the 800 number work?] I am told we will get an email or a link to click, we will put in where we are at and that will generate a 800 number based on where you are at. This makes sense…if there was just one number it could overload the system as we all tried to call it.
8-19-2020 Newshound Guru Pimpy ...I was listening to the press conference with Mike Pompeo and the Minister of Finance Allawi. They basically covered what we already knew...but Pomepo said something that caught my attention and you can take what you want from it. He said, 'we look forward to the day when Iraq can help themselves.' ...I'm not sure if that's a reflection of whether or not they get their sovereignty reinstate. All I know is I was listening to it and...I was looking for hints, something that says that Iraq will indeed have their sovereignty reinstated. I just didn't see anything really in that particular press conference...hopefully we'll get clarity when Al-Kazemi get here. If they don't reinstate their sovereignty, I'm not saying they won't, but if they don't reinstate it, I hope at least we get a clear path, some type of checkoff list, something that tells us what we could watch for in order to see whether or not Iraq is anywhere near getting getting their sovereignty recognized...
8-19-2020 Intel Guru Bruce [via WiserNow] ...we’ve got some really good things that have come in...Iraq’s delegation...which we believe has al-Kazemi – Alack – Shabibi – others...arrived...(Monday) and...supposedly we are to hear from that group – to talk about their sovereignty...possibly talk about sanctions that have come off...and that is supposed to be on the 20th...it could be sooner...but it could be on Thursday so that is big...Now...we understand – from one of our high up...bank...sources that Iraq should have a new rate tomorrow [Wednesday]...I don’t know how public it’s going to be...Wednesday is an official publication day/Gazette day...Maybe something will be said in the Gazette about that...but it may mean that Iraq comes to the announcement portion of what they are supposed to do with President Trump...The other thing we are getting from a Treasury source is...we should have money in our hands either by Thursday or by Friday...We could start anytime... based on the information...we could get notified and start our exchanges Wed/Thurs/Fri of this week...I think we’re in good shape...for it to happen...so I am very excited about where we are...
8-19-2020 Intel Guru Frank26 ...There are these money transfer companies that are involved with these banks [CBI "satellite" banks in the U.S.] that we've been telling you about. This transfer company...its parent company is on the Iraqi Stock Exchange. I'm just going to give it to you and you take it and do with it what you want. Altaif Sama ...many of their outlets are spread out across the United States of America. They are banking and transfer companies...this company is not just for Iraq banks. They do work around the world too. Many of them are in the state of Michigan...the ultimate goal is to collect the three zeros and that's what they're trying to do. They are well prepared for it...
8-19-2020 Intel Guru MarkZ [via PDK] ...Mr. C [Guru Mike Cottrell] thinks November, Mt. goat says January, I have one great Iraq contact who thinks is tomorrow... I still have a ministry group who is looking for tomorrow to be a big day…..the Iraqi contingent is here now so there is a lot of chatter about the possibility of tomorrow. I hope that is correct. We still have Japanese and Australia sources looking squarely at October 1st. The banking centers have been gagged…and that is probably a good thing…noone there is talking. I am looking for today and tomorrow being big days. Hopefully we will get some news…
8-19-2020 Newshound Guru Jeff ...this quarter is red hot. Hotter than we've ever seen. September is on fire. September is about ready to explode... Kazemi coming to Washington...this meeting has nothing to do with the rate change. Nothing at all...This is a post rate change meeting...I feel they're able to have this meeting and are having this meeting because I feel that Kazemi has met all of his benchmarks with everything he needed to do to be able to change the rates. I feel that everything needed to change the rate is done. And when I say done I'm also talking about the differences between Kurdistan and Baghdad. I feel that agreement has already been reaching in the background...I feel everything is done in the background...
8-19-2020 Newshound Guru Adam Montana ...there's some understandable excitement about our man Kazzammie coming to America. Meeting with President Trump. Tomorrow. In my opinion, this does not mean "RV by Friday". Iraq does not need "Trump's approval". That's not what is going on here. Whether you like Trump or not, you probably (at least) acknowledge that he has his fingers in a LOT of pies...and you can bet your sweet apples that he has the means, ability, and likely desire to help Iraq move forward. A Kazzammie-Trump meeting is not a small thing. It's quite likely the opposite, and this might be the last time they meet before we see a surge in the price of Dinar...tomorrow could be exciting, especially if anyone even mentions "HCL". We will see! Go Kazzammie. Go Trump. Go HCL. Go Iraq. And GOOOO RRRRVVVVVVVV!!!
8-19-2020 Newshound/Intel Guru Petra ...I just don't think Donald Trump would take the time of day as busy as he is if there wasn't something pertinent to discuss that would have an impact on the economy of the United States. He's a very strategic business man. He expects action. He expects movement...everything that we read suggests sooner rather than later...Donald Trump is not going to waste his time. He's gonna want to know everything is done that they said they were going to do...IMO it's not going to be delayed another 30 days. It's going to move now. Now. The eye of the storm is now...
8-19-2020 Intel Guru Frank26 ...the [CBI connected "satellite] banks established in the United States of America are already open. Oh, snap. The banks that we were talking about that would be helping anyone from the Middle East that live in the United States of America these banks are there for them. And for American citizens too...of all the 48 states...which state do you think has a lot of these Middle Easterners that some 17 years ago they fled Saddam? They fled the Middle East. They went all over the place. Canada. Switzerland. The Untied States. Of our 48 continental states, which state do you think has the most Middle Easterners...? ...Michigan. And it's more than one bank up in Michigan by the way. I can tell you one of them is on XXXXXX St [in Dearborn Michigan]...please don't be silly. Don't try to call this bank and ask them "When's the value going to go up?" Really? Only a child will do something like that. Please leave this bank alone... When did these banks open? IMO it's when they became article VIII...
8-19-2020 Intel Guru Bruce [via WiserNow] ...we’ve got some really good things that have come in...Iraq’s delegation...which we believe has al-Kazemi – Alack – Shabibi – others...arrived...(Monday) and...supposedly we are to hear from that group – to talk about their sovereignty...possibly talk about sanctions that have come off...and that is supposed to be on the 20th...it could be sooner...but it could be on Thursday so that is big...Now...we understand – from one of our high up...bank...sources that Iraq should have a new rate tomorrow [Wednesday]...I don’t know how public it’s going to be...Wednesday is an official publication day/Gazette day...Maybe something will be said in the Gazette about that...but it may mean that Iraq comes to the announcement portion of what they are supposed to do with President Trump...The other thing we are getting from a Treasury source is...we should have money in our hands either by Thursday or by Friday...We could start anytime... based on the information...we could get notified and start our exchanges Wed/Thurs/Fri of this week...I think we’re in good shape...for it to happen...so I am very excited about where we are...
8-19-2020 Intel Guru Frank26 ...There are these money transfer companies that are involved with these banks [CBI "satellite" banks in the U.S.] that we've been telling you about. This transfer company...its parent company is on the Iraqi Stock Exchange. I'm just going to give it to you and you take it and do with it what you want. Altaif Sama ...many of their outlets are spread out across the United States of America. They are banking and transfer companies...this company is not just for Iraq banks. They do work around the world too. Many of them are in the state of Michigan...the ultimate goal is to collect the three zeros and that's what they're trying to do. They are well prepared for it...
8-19-2020 Intel Guru MarkZ [via PDK] ...Mr. C [Guru Mike Cottrell] thinks November, Mt. goat says January, I have one great Iraq contact who thinks is tomorrow... I still have a ministry group who is looking for tomorrow to be a big day…..the Iraqi contingent is here now so there is a lot of chatter about the possibility of tomorrow. I hope that is correct. We still have Japanese and Australia sources looking squarely at October 1st. The banking centers have been gagged…and that is probably a good thing…noone there is talking. I am looking for today and tomorrow being big days. Hopefully we will get some news…
8-19-2020 Newshound Guru Jeff ...this quarter is red hot. Hotter than we've ever seen. September is on fire. September is about ready to explode... Kazemi coming to Washington...this meeting has nothing to do with the rate change. Nothing at all...This is a post rate change meeting...I feel they're able to have this meeting and are having this meeting because I feel that Kazemi has met all of his benchmarks with everything he needed to do to be able to change the rates. I feel that everything needed to change the rate is done. And when I say done I'm also talking about the differences between Kurdistan and Baghdad. I feel that agreement has already been reaching in the background...I feel everything is done in the background...
8-19-2020 Newshound Guru Adam Montana ...there's some understandable excitement about our man Kazzammie coming to America. Meeting with President Trump. Tomorrow. In my opinion, this does not mean "RV by Friday". Iraq does not need "Trump's approval". That's not what is going on here. Whether you like Trump or not, you probably (at least) acknowledge that he has his fingers in a LOT of pies...and you can bet your sweet apples that he has the means, ability, and likely desire to help Iraq move forward. A Kazzammie-Trump meeting is not a small thing. It's quite likely the opposite, and this might be the last time they meet before we see a surge in the price of Dinar...tomorrow could be exciting, especially if anyone even mentions "HCL". We will see! Go Kazzammie. Go Trump. Go HCL. Go Iraq. And GOOOO RRRRVVVVVVVV!!!
8-19-2020 Newshound/Intel Guru Petra ...I just don't think Donald Trump would take the time of day as busy as he is if there wasn't something pertinent to discuss that would have an impact on the economy of the United States. He's a very strategic business man. He expects action. He expects movement...everything that we read suggests sooner rather than later...Donald Trump is not going to waste his time. He's gonna want to know everything is done that they said they were going to do...IMO it's not going to be delayed another 30 days. It's going to move now. Now. The eye of the storm is now...
8-19-2020 Intel Guru Frank26 ...the [CBI connected "satellite] banks established in the United States of America are already open. Oh, snap. The banks that we were talking about that would be helping anyone from the Middle East that live in the United States of America these banks are there for them. And for American citizens too...of all the 48 states...which state do you think has a lot of these Middle Easterners that some 17 years ago they fled Saddam? They fled the Middle East. They went all over the place. Canada. Switzerland. The Untied States. Of our 48 continental states, which state do you think has the most Middle Easterners...? ...Michigan. And it's more than one bank up in Michigan by the way. I can tell you one of them is on XXXXXX St [in Dearborn Michigan]...please don't be silly. Don't try to call this bank and ask them "When's the value going to go up?" Really? Only a child will do something like that. Please leave this bank alone... When did these banks open? IMO it's when they became article VIII...
8-18-2020 Newshound Guru Pimpy ...just because they get their sovereignty recognized and if they get the restrictions removed that does not mean here in the United Stated our banks are going to accept them right away. Hang tight. Nor does that mean you're going to see an instantaneous rate change. But what I think that is, is the first step forward in a positive direction but then shortly after that I hope to see a rate change announcement. That's what I'm looking forward to now.
8-18-2020 Newshound/Intel Guru Mnt Goat ...the CBI has not even given any indication that they have set a time period as a target to complete or begin the project to delete the zeros...I can tell you right now, without any reservation, that you will not see a reinstatement until early January 2021 at the earliest. I only hope we don’t have to go yet another year after that even...January is the best time to reinstate the dinar. This is the beginning of the Iraqi fiscal year and so for accounting purposes it makes total sense...I expect some actions from the CBI late this fall concerning the project to delete the zeros, but only if they decide to go in January with the reinstatement. This will be our indicator of intent. Get it? No secrets here. They MUST tell the citizens of Iraq what they intend to do and can’t hide this...
8-18-2020 Intel Guru Delta ...In my personal opinion we might not see nothing until he [Kazemi] comes back from the U.S. and then we are probably going to hear from the Central Bank of Iraq...the Central Bank of Iraq is preparing to show their hands...the most important question is the time frame...we know the CBI is ready but the million dollar question is the time frame...
8-18-2020 Newshound/Intel Guru Petra ...I think they all know what's coming. We all know what's coming. It's here. We're just going through the process to get us to that point. Whether it's before, during or right after [Kazemi's trip to Washington]. I'm of the option that they've got to do it before but that's me. I could be wrong for sure. I foresee Kazemi going back to his country with a new rate with all this business that has been committed by our president between Iraq and the U.S. which they've commented on in many articles that he will come back with his head held high, with a sovereign country, with a new currency, and a huge amount of business committed to by our government. That is what I imagine is going to come...
8-18-2020 Intel Guru Footforward The Iraqi PM will likely be in Iraq when they RV. I'm hoping they announce a peace deal and a trade deal with Israel and the US... [why do you think he will be in Iraq when it happens?] pride. This has been a long time coming. He has beaten back Iran and there is alot of pride in this moment Of bringing the RV. Because it changes Iraq's status greatly.
8-18-2020 Intel Guru MarkZ [via PDK] ...I was hoping banking centers would give us more news yesterday but they are still being very tight-lipped. I take that as an excellent sign. ...The reality is we are going to see this reset sooner rather than later…it has become an inevitability…the cans to big-they cannot kick it.
8-18-2020 Newshound Guru Jeff Article: "Foreign Ministry: Positive expectations that Iraq will exit from the list of high-risk countries during the current year" They're talking about removing Iraq from the list of high-risk countries... thought or felt to support terrorism...that's called the OFAC list. Because Iraq's on that list within the U.S. the big banks do not exchange Iraq's currency.
8-18-2020 Guest Guru Austin-Powers-For-PM ...A "Sovereign Iraqi State" won't excite the media by itself. I think it's a combination of a Peace Deal, trade agreement, Sovereignty announcement, and support for Iraq "Internal Financial Reforms." RV happens shortly thereafter. What "Shortly" is will be quite variable. IMO sometime between August 20th and January 1st. But just IMO. But it will have to be epic to suck up all the MSM attention, so I wouldn't be surprised if Al-Kazemi made some sort of announcement standing next to the President. But we shall see. Something is going to happen Thursday evening. [post 2 of 2]
8-18-2020 Guest Guru Austin-Powers-For-PM So let's think this through for a minute. It's no accident that Trump chose August 20th for the day he is meeting PM Al-Kazemi. What else is happening that has been scheduled for awhile? Yep that's correct, Joe Biden accepting the Dems nomination. What does Trump want to do most of all? He wants to suck the oxygen out of the news cycle and make Biden's acceptance speech a non-event. How does he do that? He makes a BOMBSHELL announcement shortly before Biden takes the proverbial stage. Who will be with him at that time? Yep, PM Al-Kazemi. What will this BOMBSHELL announce be? It could be a whole lot of things. Iraq, Kuwait, and S.A. recognizing Israel? Massive trade deal with Iraq? Anything else? [post 1 of 2....stay tuned]
8-18-2020 Newshound Guru Pimpy Article: "Foreign Ministry: Positive expectations that Iraq will exit from the list of high-risk countries during the current year" What are the odds of that? This is big. I think what would kick-start this is an announcement by Trump for the international community to once again recognize the sovereignty of Iraq. I think more now than ever before you could see this stage is being set for the Iraqi dinar rate change to finally change....
8-18-2020 Newshound/Intel Guru Mnt Goat ...the CBI has not even given any indication that they have set a time period as a target to complete or begin the project to delete the zeros...I can tell you right now, without any reservation, that you will not see a reinstatement until early January 2021 at the earliest. I only hope we don’t have to go yet another year after that even...January is the best time to reinstate the dinar. This is the beginning of the Iraqi fiscal year and so for accounting purposes it makes total sense...I expect some actions from the CBI late this fall concerning the project to delete the zeros, but only if they decide to go in January with the reinstatement. This will be our indicator of intent. Get it? No secrets here. They MUST tell the citizens of Iraq what they intend to do and can’t hide this...
8-18-2020 Intel Guru Delta ...In my personal opinion we might not see nothing until he [Kazemi] comes back from the U.S. and then we are probably going to hear from the Central Bank of Iraq...the Central Bank of Iraq is preparing to show their hands...the most important question is the time frame...we know the CBI is ready but the million dollar question is the time frame...
8-18-2020 Newshound/Intel Guru Petra ...I think they all know what's coming. We all know what's coming. It's here. We're just going through the process to get us to that point. Whether it's before, during or right after [Kazemi's trip to Washington]. I'm of the option that they've got to do it before but that's me. I could be wrong for sure. I foresee Kazemi going back to his country with a new rate with all this business that has been committed by our president between Iraq and the U.S. which they've commented on in many articles that he will come back with his head held high, with a sovereign country, with a new currency, and a huge amount of business committed to by our government. That is what I imagine is going to come...
8-18-2020 Intel Guru Footforward The Iraqi PM will likely be in Iraq when they RV. I'm hoping they announce a peace deal and a trade deal with Israel and the US... [why do you think he will be in Iraq when it happens?] pride. This has been a long time coming. He has beaten back Iran and there is alot of pride in this moment Of bringing the RV. Because it changes Iraq's status greatly.
8-18-2020 Intel Guru MarkZ [via PDK] ...I was hoping banking centers would give us more news yesterday but they are still being very tight-lipped. I take that as an excellent sign. ...The reality is we are going to see this reset sooner rather than later…it has become an inevitability…the cans to big-they cannot kick it.
8-18-2020 Newshound Guru Jeff Article: "Foreign Ministry: Positive expectations that Iraq will exit from the list of high-risk countries during the current year" They're talking about removing Iraq from the list of high-risk countries... thought or felt to support terrorism...that's called the OFAC list. Because Iraq's on that list within the U.S. the big banks do not exchange Iraq's currency.
8-18-2020 Guest Guru Austin-Powers-For-PM ...A "Sovereign Iraqi State" won't excite the media by itself. I think it's a combination of a Peace Deal, trade agreement, Sovereignty announcement, and support for Iraq "Internal Financial Reforms." RV happens shortly thereafter. What "Shortly" is will be quite variable. IMO sometime between August 20th and January 1st. But just IMO. But it will have to be epic to suck up all the MSM attention, so I wouldn't be surprised if Al-Kazemi made some sort of announcement standing next to the President. But we shall see. Something is going to happen Thursday evening. [post 2 of 2]
8-18-2020 Guest Guru Austin-Powers-For-PM So let's think this through for a minute. It's no accident that Trump chose August 20th for the day he is meeting PM Al-Kazemi. What else is happening that has been scheduled for awhile? Yep that's correct, Joe Biden accepting the Dems nomination. What does Trump want to do most of all? He wants to suck the oxygen out of the news cycle and make Biden's acceptance speech a non-event. How does he do that? He makes a BOMBSHELL announcement shortly before Biden takes the proverbial stage. Who will be with him at that time? Yep, PM Al-Kazemi. What will this BOMBSHELL announce be? It could be a whole lot of things. Iraq, Kuwait, and S.A. recognizing Israel? Massive trade deal with Iraq? Anything else? [post 1 of 2....stay tuned]
8-18-2020 Newshound Guru Pimpy Article: "Foreign Ministry: Positive expectations that Iraq will exit from the list of high-risk countries during the current year" What are the odds of that? This is big. I think what would kick-start this is an announcement by Trump for the international community to once again recognize the sovereignty of Iraq. I think more now than ever before you could see this stage is being set for the Iraqi dinar rate change to finally change....
8-17-2020 Intel/Newshound Guru Frank26 ...It seems to me somehow or another something has been set into motion. Something has been launched. It seems to me we are in the eye of the monetary reform storm because yesterday something huge happened. Today we're seeing what happened yesterday and today we're seeing what going to happen tomorrow and the next day and up to the 21st. We are in the eye of the monetary reform storm...
8-17-2020 Newshound Guru Jeff ...the end of September is red hot...because 10-1 is the second half of their fiscal year...as they have told you they will not be borrowing any more money. They only borrowed salary money up until August. They have not even borrowed money for September. Again the end of September is red hot...
8-17-2020 Intel Guru MarkZ [via PDK] There is a massive amount of dis-information being out on the RV front right now...stunning as they try to keep us in the dark, and cover us with smoke…don’t let it drive you nuts guys…
8-17-2020 Newshound Guru Pimpy ...once the restrictions are removed off of the currency and they are allowed to once again trade on the Forex that is going to cause a rush of people running over as speculators will now have access to the Iraqi dinar. Which is good for us because it will cause the exchange rate to go up. In addition to that, if the restrictions are removed then once again our banks should be able to buy and sell Iraqi dinar. This is good... [Post 2 of 2]
8-17-2020 Newshound Guru Pimpy ...we were saying Al-Kazemi was coming on the 20th. Nope! My man will be here tomorrow and I believe he's supposed to be here for four days...if Iraq gets their sovereignty that would be a huge step towards us wanting to get that rate change...I want to make something perfectly clear. Although to me it makes sense to do it at the same time, that does not mean their rate will have changed once the sovereignty has been restored. We need the restrictions removed off it. We need an announcement and then we should see shortly after that some type of announcement on the exchange rate... [Post 1 of 2....stay tuned]
8-17-2020 Newshound/Intel Guru David M. Witty Next round of US-Iraq strategic dialogue to begin evening of 18 AUG in Washington. Iraqi delegation includes PM & Defense, Foreign, Oil, Immigration, Oil & Electricity Ministers. PM Kadhimi to meet with US President on 19 AUG in White House.
8-17-2020 Intel Guru MarkZ [via PDK] ...so much is happening right now… This should be a big week. We have the Iraqi delegation arriving tomorrow for meetings on the 20th. [Most resets happen in October.] I am looking for one sooner than that. I think they may be stalling until later in this week or early next week. Just my guess because of what little happened in the banking world last weekend...everything is in place…..we just need somebody to pull the dang trigger.
8-17-2020 Newshound Guru Pimpy ...some of the delegation has already parted ways heading over to Washington ahead of Al-Kazemi's visit...some people are saying that this visit is going to be the reset of the IQD. Careful with those types of things...It would be nice if they obviously did the rate change but there's no evidence out there that this is gonna happen. Not that I can find...what I think would be a huge step towards accomplishing our goal is once Al-Kazemi is there we get the Iraqi sovereignty reinstated. Just having it reinstated of course then they're gonna have to remove the restrictions off the currency. In order for you to be a sovereign nation you have to have an international currency...
8-17-2020 Newshound Guru MilitiaMan Article: "A deputy denies the cancellation of the Kurdish delegation's visit to Baghdad and confirms: A comprehensive agreement will be signed during the coming period" Quote: "...the agreement is still in place, and there are some observations from the federal government and the conditions and work is underway to reform them, stressing that in the end an understanding will be made and a comprehensive agreement signed during the coming period." Interesting that they do talk about this today. So many things in motion that imo they had to! The agreement they have is still in effect. Thus, today is effective... Let that one simmer in the pot a few moments... They have a deal on the oil... imo.. That means they have an expectation of what is in the White Papers... Kahdimi and Allawi are holding close to their chest. Why? We all know why.. imo ~ RATE, comes to mind imo...
8-17-2020 Newshound Guru Jeff ...the end of September is red hot...because 10-1 is the second half of their fiscal year...as they have told you they will not be borrowing any more money. They only borrowed salary money up until August. They have not even borrowed money for September. Again the end of September is red hot...
8-17-2020 Intel Guru MarkZ [via PDK] There is a massive amount of dis-information being out on the RV front right now...stunning as they try to keep us in the dark, and cover us with smoke…don’t let it drive you nuts guys…
8-17-2020 Newshound Guru Pimpy ...once the restrictions are removed off of the currency and they are allowed to once again trade on the Forex that is going to cause a rush of people running over as speculators will now have access to the Iraqi dinar. Which is good for us because it will cause the exchange rate to go up. In addition to that, if the restrictions are removed then once again our banks should be able to buy and sell Iraqi dinar. This is good... [Post 2 of 2]
8-17-2020 Newshound Guru Pimpy ...we were saying Al-Kazemi was coming on the 20th. Nope! My man will be here tomorrow and I believe he's supposed to be here for four days...if Iraq gets their sovereignty that would be a huge step towards us wanting to get that rate change...I want to make something perfectly clear. Although to me it makes sense to do it at the same time, that does not mean their rate will have changed once the sovereignty has been restored. We need the restrictions removed off it. We need an announcement and then we should see shortly after that some type of announcement on the exchange rate... [Post 1 of 2....stay tuned]
8-17-2020 Newshound/Intel Guru David M. Witty Next round of US-Iraq strategic dialogue to begin evening of 18 AUG in Washington. Iraqi delegation includes PM & Defense, Foreign, Oil, Immigration, Oil & Electricity Ministers. PM Kadhimi to meet with US President on 19 AUG in White House.
8-17-2020 Intel Guru MarkZ [via PDK] ...so much is happening right now… This should be a big week. We have the Iraqi delegation arriving tomorrow for meetings on the 20th. [Most resets happen in October.] I am looking for one sooner than that. I think they may be stalling until later in this week or early next week. Just my guess because of what little happened in the banking world last weekend...everything is in place…..we just need somebody to pull the dang trigger.
8-17-2020 Newshound Guru Pimpy ...some of the delegation has already parted ways heading over to Washington ahead of Al-Kazemi's visit...some people are saying that this visit is going to be the reset of the IQD. Careful with those types of things...It would be nice if they obviously did the rate change but there's no evidence out there that this is gonna happen. Not that I can find...what I think would be a huge step towards accomplishing our goal is once Al-Kazemi is there we get the Iraqi sovereignty reinstated. Just having it reinstated of course then they're gonna have to remove the restrictions off the currency. In order for you to be a sovereign nation you have to have an international currency...
8-17-2020 Newshound Guru MilitiaMan Article: "A deputy denies the cancellation of the Kurdish delegation's visit to Baghdad and confirms: A comprehensive agreement will be signed during the coming period" Quote: "...the agreement is still in place, and there are some observations from the federal government and the conditions and work is underway to reform them, stressing that in the end an understanding will be made and a comprehensive agreement signed during the coming period." Interesting that they do talk about this today. So many things in motion that imo they had to! The agreement they have is still in effect. Thus, today is effective... Let that one simmer in the pot a few moments... They have a deal on the oil... imo.. That means they have an expectation of what is in the White Papers... Kahdimi and Allawi are holding close to their chest. Why? We all know why.. imo ~ RATE, comes to mind imo...
8-16-2020 Newshound Guru Pimpy ...Looks like we are back on the right track especially with Al-Kazemi coming here for the first time in about a week. I'm expecting some decent news. We really do want Iraq to have their sovereignty reinstated. We really want the restrictions removed off the currency and when this happens they most likely could put together an actual budget. One has not been passed but it could be because it's kind of hard to put a budget together if you're not sure about the value of your currency. So let's keep our fingers crossed that we hear some good news...I want to hear the thumbs up from the United Nations...before Al-Kazemi gets here. That's what we are watching for...
8-16-2020 Newshound Guru MilitiaMan Article: "Representative economy: activating the law of partnership with the private sector and investment soon" Quote: "...the committee is in the process of activating the partnership law with the private sector and the investment law in the near future, as well as activating the mineral investment law...the amended Iraqi investment law is one of the best laws in the region..." They are telling us they have activation and revitalization on the mind. They need investors to help activation of industry, agriculture, minerals, etc... For them to activate and to revitalize, they need a new international exchange rate. ...they tell us the laws will be the best in the region. That is important to the investors!! Very important!!... Good stuff...
8-16-2020 Newshound Guru Breitling ...A lot of people are skeptical about what I just said [Posts over last few days] and I teach this stuff. This is what I do. This last course I gave here in Phoenix people are like 'okay, that doesn't sound...[Like what we're seeing on TV]'...I tell everyone I couldn't be happier. I could not be happier. It's completely opposite out there. "We're watching riots..." That's because they're at their death throes. It's because it's almost over and they know it. ...we could not be in a better position. So don't worry about that. With Iraqi dinar we could not be in a better position. The question is are you prepared financially and how you're set up. That's all you have to worry about...
8-16-2020 Newshound Guru Pimpy Article: "During a contact with Barzani...Al-Kazemi decides to send 320 billion dinars to Erbil". ...this is big. For just a second there...it was bad. Then yesterday it was good ...Baghdad is saying that Kurdistan is stealing the money and not paying their employees. Kurdistan is pointing a finger at Baghdad going they're not giving us our money. I knew there was a good relationship between Barzani and Al-Kazemi. So I was like gosh this doesn't look right. Something's wrong...Leave it our boy Al-Kazemi to come through...Barzani got a call from Al-Kazemi himself...Baghdad has agreed to pay 320 billion in IQD monthly...this is what we want to see...I'm glad calmer heads did prevail and this seems to be ironed out...this is a major step towards what we're looking for. A major major step. Let's hope it continues...
8-16-2020 Newshound Guru MilitiaMan Article: "The Iraqi parliament: the finance minister does not cooperate" Quote: "The government works as it has all legislative powers, and is not interested of no having the general budget."He added that "the Minister of Finance is not cooperative and does not care about Parliament and the Parliamentary Finance Committee.” ...Allawi has the data they want... He may have a reason to not, yet. A very good reason... I suspect before, Kahdimi gets to the USA there will be an adjustment made and he will then bring business to America and will have sovereignty in tow...The minister of Finance has our back, as he holds the cards... I bet they are all aces too. lol imo.
8-16-2020 Newshound/Intel Guru Mnt Goat Article: "OUT OF 186 COUNTRIES, IRAQ IS RANKED 181 IN ECONOMIC FREEDOM" So this an excellent article because it tells us the list of factors used in determining whether investors should flock to Iraq or not. Why haven’t they been knocking down the door to get in? So the rating for Iraq is not very good (almost on the bottom) and they will have to change this if they want to move ahead. Note “monetary freedom” is one of the factors. So this is not just rumor. Iraq will need to reinstate their currency so that investors can freely transfer it. Note other factors such as trade investment and financial freedom. Both of these Iraq is now lacking too.
8-16-2020 Newshound Guru MilitiaMan Article: "Representative economy: activating the law of partnership with the private sector and investment soon" Quote: "...the committee is in the process of activating the partnership law with the private sector and the investment law in the near future, as well as activating the mineral investment law...the amended Iraqi investment law is one of the best laws in the region..." They are telling us they have activation and revitalization on the mind. They need investors to help activation of industry, agriculture, minerals, etc... For them to activate and to revitalize, they need a new international exchange rate. ...they tell us the laws will be the best in the region. That is important to the investors!! Very important!!... Good stuff...
8-16-2020 Newshound Guru Breitling ...A lot of people are skeptical about what I just said [Posts over last few days] and I teach this stuff. This is what I do. This last course I gave here in Phoenix people are like 'okay, that doesn't sound...[Like what we're seeing on TV]'...I tell everyone I couldn't be happier. I could not be happier. It's completely opposite out there. "We're watching riots..." That's because they're at their death throes. It's because it's almost over and they know it. ...we could not be in a better position. So don't worry about that. With Iraqi dinar we could not be in a better position. The question is are you prepared financially and how you're set up. That's all you have to worry about...
8-16-2020 Newshound Guru Pimpy Article: "During a contact with Barzani...Al-Kazemi decides to send 320 billion dinars to Erbil". ...this is big. For just a second there...it was bad. Then yesterday it was good ...Baghdad is saying that Kurdistan is stealing the money and not paying their employees. Kurdistan is pointing a finger at Baghdad going they're not giving us our money. I knew there was a good relationship between Barzani and Al-Kazemi. So I was like gosh this doesn't look right. Something's wrong...Leave it our boy Al-Kazemi to come through...Barzani got a call from Al-Kazemi himself...Baghdad has agreed to pay 320 billion in IQD monthly...this is what we want to see...I'm glad calmer heads did prevail and this seems to be ironed out...this is a major step towards what we're looking for. A major major step. Let's hope it continues...
8-16-2020 Newshound Guru MilitiaMan Article: "The Iraqi parliament: the finance minister does not cooperate" Quote: "The government works as it has all legislative powers, and is not interested of no having the general budget."He added that "the Minister of Finance is not cooperative and does not care about Parliament and the Parliamentary Finance Committee.” ...Allawi has the data they want... He may have a reason to not, yet. A very good reason... I suspect before, Kahdimi gets to the USA there will be an adjustment made and he will then bring business to America and will have sovereignty in tow...The minister of Finance has our back, as he holds the cards... I bet they are all aces too. lol imo.
8-16-2020 Newshound/Intel Guru Mnt Goat Article: "OUT OF 186 COUNTRIES, IRAQ IS RANKED 181 IN ECONOMIC FREEDOM" So this an excellent article because it tells us the list of factors used in determining whether investors should flock to Iraq or not. Why haven’t they been knocking down the door to get in? So the rating for Iraq is not very good (almost on the bottom) and they will have to change this if they want to move ahead. Note “monetary freedom” is one of the factors. So this is not just rumor. Iraq will need to reinstate their currency so that investors can freely transfer it. Note other factors such as trade investment and financial freedom. Both of these Iraq is now lacking too.
8-15-2020 Newshound Guru MilitiaMan Kadhimi is coming to America next week. The white papers have exactly what we are waiting for. Parliament wants the data in them before he leaves to go... So do I... lol... As the 2019 FMLA is in there... Key to the solution is the exchange rate... imo.
8-15-2020 Intel Guru Footforward [Do you feel the Iraq PM’s visit on the 20th with President Trump will be significant and could you expound on your opinion weather yes or no?] ...I think they will talk about a strategic partnership. But I'm feeling the RV won't have happened by the time he gets here...
8-15-2020 Newshound Guru Kaperoni ...do you know how the auctions work? ...Currency auctions are a balance between dinar and dollar to maintain the market rate. The exchange rate in Iraq (market rate) is managed by a balance between dinar and dollars. You cannot reduce or remove one or the other without effecting the rate. So they cannot reduce the dinar with that system in place. [Note: You can always see the latest official CBI reported dinar market rate in the left column on this page.]
8-15-2020 Newshound Guru Breitling This is why we're in this. It's all about Iraq. They have confidence in us. They have confidence in the U.S. dollar. They have confidence in the market. If you don't understand that then this is the wrong investment for you...Iraq is moving forward. They're trying to be compliant so they can get in the Swiss System, add value to their currency so it can work for them. Their #1 goal...is to be able to convert it [dinar] to the U.S. dollar...every move they make is because of that.
8-15-2020 Newshound/Intel Guru Mnt Goat ...I have been told many times by the CBI itself they will continue to educate the citizens on this process as it moves ahead. To this day we have not heard any such education happening. It has been years since they educated them on the process and they will need to re-educate.
8-15-2020 Intel Guru Footforward [so what all could Iraq be waiting for? Everything I thought has happened for it to go already.] It could have probably gone already a few times. From what I'm being told there is still a bit of cleaning up to do in terms of Iranian influence.
8-15-2020 Newshound Guru Breitling What's great...is I'm not getting emails from people anymore that they're worried about this happening. Now people are of the mindset of 'how is this going to happen'. That makes me happy. It truly does. It makes me very very happy.
8-15-2020 Newshound Guru Kaperoni This option of floating the currency is also the directive that the IMF gave the central bank in 2013. Which is documented in the IMF Article IV Consultation with Iraq. Despite everyone wanting to see a significant overnight RV, that's simply will not happen and is foolish to even consider. You cannot arbitrarily change the rate and expect the world financial system to accept it. Appreciation of the exchange rate based on Iraq's economy would be the most successful and appropriate way to represent Iraq's growth and success. [post 2 of 2]
8-15-2020 Newshound Guru Kaperoni I believe there are two possible end results for the Iraqi dinar. The first, or the easy way is for them to LOP or re-denominate. The other option, and I would hope that this would be the direction that they would go is to float the currency as Iraq's economy begins to succeed. There is no 3rd option or RV option. There is simply too much currency in circulation for them to significantly overnight RV. Hopefully Iraq will pass the necessary laws to create a suitable investment climate for foreign investors to come in and build a strong market economy private sector. Doing so would create the conditions for the central bank to get off the peg that they are currently on and Float the currency allowing it to gradually appreciate based on sound monetary principles of supply and demand. [post 1 of 2....stay tuned]
8-15-2020 Intel Guru Footforward [Do you feel the Iraq PM’s visit on the 20th with President Trump will be significant and could you expound on your opinion weather yes or no?] ...I think they will talk about a strategic partnership. But I'm feeling the RV won't have happened by the time he gets here...
8-15-2020 Newshound Guru Kaperoni ...do you know how the auctions work? ...Currency auctions are a balance between dinar and dollar to maintain the market rate. The exchange rate in Iraq (market rate) is managed by a balance between dinar and dollars. You cannot reduce or remove one or the other without effecting the rate. So they cannot reduce the dinar with that system in place. [Note: You can always see the latest official CBI reported dinar market rate in the left column on this page.]
8-15-2020 Newshound Guru Breitling This is why we're in this. It's all about Iraq. They have confidence in us. They have confidence in the U.S. dollar. They have confidence in the market. If you don't understand that then this is the wrong investment for you...Iraq is moving forward. They're trying to be compliant so they can get in the Swiss System, add value to their currency so it can work for them. Their #1 goal...is to be able to convert it [dinar] to the U.S. dollar...every move they make is because of that.
8-15-2020 Newshound/Intel Guru Mnt Goat ...I have been told many times by the CBI itself they will continue to educate the citizens on this process as it moves ahead. To this day we have not heard any such education happening. It has been years since they educated them on the process and they will need to re-educate.
8-15-2020 Intel Guru Footforward [so what all could Iraq be waiting for? Everything I thought has happened for it to go already.] It could have probably gone already a few times. From what I'm being told there is still a bit of cleaning up to do in terms of Iranian influence.
8-15-2020 Newshound Guru Breitling What's great...is I'm not getting emails from people anymore that they're worried about this happening. Now people are of the mindset of 'how is this going to happen'. That makes me happy. It truly does. It makes me very very happy.
8-15-2020 Newshound Guru Kaperoni This option of floating the currency is also the directive that the IMF gave the central bank in 2013. Which is documented in the IMF Article IV Consultation with Iraq. Despite everyone wanting to see a significant overnight RV, that's simply will not happen and is foolish to even consider. You cannot arbitrarily change the rate and expect the world financial system to accept it. Appreciation of the exchange rate based on Iraq's economy would be the most successful and appropriate way to represent Iraq's growth and success. [post 2 of 2]
8-15-2020 Newshound Guru Kaperoni I believe there are two possible end results for the Iraqi dinar. The first, or the easy way is for them to LOP or re-denominate. The other option, and I would hope that this would be the direction that they would go is to float the currency as Iraq's economy begins to succeed. There is no 3rd option or RV option. There is simply too much currency in circulation for them to significantly overnight RV. Hopefully Iraq will pass the necessary laws to create a suitable investment climate for foreign investors to come in and build a strong market economy private sector. Doing so would create the conditions for the central bank to get off the peg that they are currently on and Float the currency allowing it to gradually appreciate based on sound monetary principles of supply and demand. [post 1 of 2....stay tuned]
8-14-2020 Intel Guru Bruce [via WiserNow] ... Al-Kazemi and Iraq and we believe Shabibi and others will be coming to meet with the President to announce their sovereignty – should be on the 20th ...we are moving forward to what should be our ultimate goal... The redemption centers...everybody is on call...I was told...we go from an everyday possibility to an every minute possibility – we can watch for it any minute – so that puts us in a perspective of a little closer time frame...
8-14-2020 Intel/Newshound Guru sandyf Many seem to be under the impression that what goes down can go up, but it doesn't work like that in finance. There are established accounting procedures in place for depreciation but other than gold, there are no such procedures for appreciation. Many moons ago the government banks in Iraq had to get permission from the IMF to revalue certain assets, something that caused a bit of hysteria at the time. No country has ever revalued the currency to an extent that would mean changes in the accounts, minor revaluations can be absorbed relatively easily.
8-14-2020 Newshound Guru Breitling ...we're all speculating. I believe this 100%. But I can't tell you the exact date. Think about Iraq, they want this to happen more than you and I but because they have to be compliant they can't even pick a date. That date is when they are compliant. When it works for their economy. We're all in the same boat.
8-14-2020 Newshound Guru Pimpy ...this is big news. We knew this is happening and I have a huge feeling this is why Al-Kazimi and the President Saleh are talking about dissolving the parliament...Once Al-Kazemi made his announcement that he was coming to Washington to see the President, Iranian-backed politicians started making threats and threats and more threats...Al-Kazemi is coming over here to start getting Iraq where it needs to be - back on track with the international community...we see Iraq earning their sovereignty. They're going to be a standalone country as they should...we've got 6 days from today before Al-Kazemi shows up (barring any incidences)...let's see if Trump can restore the sovereignty back to Iraq. It's needed. And then remove the restriction off of the currency. I think a lot of people are anticipating this, not just us who are holding dinars...it looks like things are going in the right direction despite opposition...by the end of next week we're gonna know a whole lot more about what's going on...
8-14-2020 Intel Guru MarkZ [via PDK] It’s been quiet this week in different banking centers. There is a lot of chatter that we are looking through the 15th to the 20th…the culmination will be on the 20th when the Iraqi Prime Minister comes and announces a new international rate. That is what I am hearing. So no...change of rates …yet….
8-14-2020 Newshound Guru MilitiaMan ...Kahdimi...arrives next week to Washington...He will come with reforms in hand and security in place... a window would have to be open during a time frame where banks are on a level playing field and typically that is when all banks are closed prior to reopening of international markets. We have another time this weekend for that potentiality to allow for a smooth transition for more than one currency to adjust. As the IQD in of it self would require adjustments globally too...So let’s see with the days bring us. They sure look good!!
8-14-2020 Newshound Guru Jeff ...The Trump Administration are the only ones in control of the timing of the rate change...the dinar is an asset to the U.S. dollar...in other words maybe we're transitioning the U.S. dollar to become asset backed has to be timed with Iraq's rate change. Because the dinar cannot be and will not be an asset to the dollar until the dinar itself has value...it's all about the timing...
8-14-2020 Newshound/Intel Guru Mnt Goat So, we all know as investors that these currency auctions must end in order to bring economic stability and investors to Iraq. This concept is an integral part of the financial reform process they are talking about in other parts of today’s articles section. Al Kazemi is slow to react to so what is needed and they have given him 100 days to work this out. Article: "STATE OF LAW: EVALUATING THE WORK OF THE KAZEMI GOVERNMENT IN 100 DAYS: ITS STEPS ARE SLOW" I quote from the article –“ WE INDICATE THAT IT IS STILL TAKING SLOW STEPS INCONSISTENT WITH THE CURRENT SITUATION, and SO FAR THERE IS NO CLEAR AND TANGIBLE VISION TO REFORM THE FINANCIAL SYSTEM."
8-14-2020 Intel/Newshound Guru sandyf Many seem to be under the impression that what goes down can go up, but it doesn't work like that in finance. There are established accounting procedures in place for depreciation but other than gold, there are no such procedures for appreciation. Many moons ago the government banks in Iraq had to get permission from the IMF to revalue certain assets, something that caused a bit of hysteria at the time. No country has ever revalued the currency to an extent that would mean changes in the accounts, minor revaluations can be absorbed relatively easily.
8-14-2020 Newshound Guru Breitling ...we're all speculating. I believe this 100%. But I can't tell you the exact date. Think about Iraq, they want this to happen more than you and I but because they have to be compliant they can't even pick a date. That date is when they are compliant. When it works for their economy. We're all in the same boat.
8-14-2020 Newshound Guru Pimpy ...this is big news. We knew this is happening and I have a huge feeling this is why Al-Kazimi and the President Saleh are talking about dissolving the parliament...Once Al-Kazemi made his announcement that he was coming to Washington to see the President, Iranian-backed politicians started making threats and threats and more threats...Al-Kazemi is coming over here to start getting Iraq where it needs to be - back on track with the international community...we see Iraq earning their sovereignty. They're going to be a standalone country as they should...we've got 6 days from today before Al-Kazemi shows up (barring any incidences)...let's see if Trump can restore the sovereignty back to Iraq. It's needed. And then remove the restriction off of the currency. I think a lot of people are anticipating this, not just us who are holding dinars...it looks like things are going in the right direction despite opposition...by the end of next week we're gonna know a whole lot more about what's going on...
8-14-2020 Intel Guru MarkZ [via PDK] It’s been quiet this week in different banking centers. There is a lot of chatter that we are looking through the 15th to the 20th…the culmination will be on the 20th when the Iraqi Prime Minister comes and announces a new international rate. That is what I am hearing. So no...change of rates …yet….
8-14-2020 Newshound Guru MilitiaMan ...Kahdimi...arrives next week to Washington...He will come with reforms in hand and security in place... a window would have to be open during a time frame where banks are on a level playing field and typically that is when all banks are closed prior to reopening of international markets. We have another time this weekend for that potentiality to allow for a smooth transition for more than one currency to adjust. As the IQD in of it self would require adjustments globally too...So let’s see with the days bring us. They sure look good!!
8-14-2020 Newshound Guru Jeff ...The Trump Administration are the only ones in control of the timing of the rate change...the dinar is an asset to the U.S. dollar...in other words maybe we're transitioning the U.S. dollar to become asset backed has to be timed with Iraq's rate change. Because the dinar cannot be and will not be an asset to the dollar until the dinar itself has value...it's all about the timing...
8-14-2020 Newshound/Intel Guru Mnt Goat So, we all know as investors that these currency auctions must end in order to bring economic stability and investors to Iraq. This concept is an integral part of the financial reform process they are talking about in other parts of today’s articles section. Al Kazemi is slow to react to so what is needed and they have given him 100 days to work this out. Article: "STATE OF LAW: EVALUATING THE WORK OF THE KAZEMI GOVERNMENT IN 100 DAYS: ITS STEPS ARE SLOW" I quote from the article –“ WE INDICATE THAT IT IS STILL TAKING SLOW STEPS INCONSISTENT WITH THE CURRENT SITUATION, and SO FAR THERE IS NO CLEAR AND TANGIBLE VISION TO REFORM THE FINANCIAL SYSTEM."
8-13-2020 Newshound Guru Kaperoni ...The first thing a lop does that benefits Iraq is it reduces the money supply from trillions to billions. Which is a must. The second thing it does is by deleting the zeros it puts the currency on par with other currencies. And lastly once this is done the dinar could go up in value, but it would not significantly increase its value X1000 like most are wishing for. It would increase minimally. Not what we want to see if they chose this path. So yes, a LOP does benefit Iraq.
8-13-2020 Newshound Guru Pimpy Kurdistan and Baghdad going back and forth over something I'm sure can get resolved really quick. We got about one week away from Al-Kazemi getting here. Let's keep our fingers crossed that all the things that need to be done will be completed before he gets here so we could just move forward with the reinstatement of their sovereignty and the restrictions moved off of their currency...
8-13-2020 Newshound Guru Breitling You don't know what Iraq is doing and you don't know how they are motivated if you don't know that they're trying to get their currency up in value so they can take advantage of the Swiss System and be part of the global trade system. Remember the Untied States is a trade empire...Iraq is trying to comply. That's how you measure this thing correctly...Iraq is doing everything they can right now through parliament and their laws to get attached to the U.S. dollar...they want to be part of the west. They want to be part of our market. And that's what they're doing.
8-13-2020 Newshound Guru Jeff ...we will not see a rate change until Kurdistan and Baghdad resolve their difference and reach that comprehensive agreement. It's that simple. That's really the #1 thing that you guys have seen since the beginning of this year...all the articles coming out have been talking about Kurdistan and Baghdad reaching a comprehensive agreement. IMO they will not reach an agreement until September. You guys know September is red hot...Iraq only has money to cover them through August...they just told you they are not going to be borrowing anymore money.
8-13-2020 Intel Guru Frank26 In my strong opinion I still strongly believe that Kazimi will make some type of an announcement about their currency, their monetary reform before he comes to the United States of America. And I really feel that because... What is the best way to walk into the White House front lawn rose garden? Smelling like a rose. So Kazimi would you smell like a rose if you make an announcement about your monetary reform that affects your economic reform that everybody is waiting to come into your county to do economic reform through the contracts? Sure it would...
8-13-2020 Newshound Guru Adam Montana OIL...45.21 dollars per barrel... happy news for Iraq, and this does nothing but bolster their confidence...We know it's going to go back to former levels seen this year. We can be fairly certain this current low rate won't stick around...and of course I'm talking about both OIL and also Dinar. As much as I state that the Auctions aren't an indicator of an RV, the continued solid auctions just prove that Iraq is a well oiled (haha) machine. One of the biggest events on the calendar is our boy Kazzamie coming to America. ...I love the progress. I want to see some HCL news, but it's very possible that they are lining a few things up before it goes through. When we have HCL, I believe we will get our RV...It's coming! ...go HCL, go Kazzammie, GO RV!!!
8-13-2020 Guest Guru Austin-Powers-For-PM Think about this for a minute. There have been lots of LOP's over the years. How does a country behave before a LOP? They spell it out in a VERY crystal-clear fashion for the population. They tell them in a totally unmistakable way that their large note will be the same value as the smaller note, and that the large note has a very short life span in the marketplace before they become worthless. Has Iraq in any way, shape, or form indicated any of this to their population? NO!! As a matter of fact, they have been very coy in how they are treating the "removing the 3 zeros" and have stated very clearly that the large notes will CO-EXIST with the lower denominations. I can't see from Iraq's behavior how this could be a LOP.
8-13-2020 Newshound Guru Breitling It's not just adding value to their currency. It's they want to add value to their currency and make sure they can use the damn thing. So can they take that currency and put it into the Swiss system and convert it to the U.S. dollar. That's it. That's what they're hashing out...if you believe this hype, this garbage - the U.S. dollar is about to fall, that there's something wrong with it...You're stupid and blind...the dollar is the most valuable currency on the plant. Meaning 72% of the world's international markets use the U.S. dollar. The Fed was the one who managed to get it there...it's the most powerful currency on the planet that's ever existed...if you don't know what that means, that means you've never gone to another country and done business before because you'll realize the power of the U.S. dollar...so if you want to be part of the west's system, the United States system how do you do that? You have to convert to the U.S. dollar...That's what Iraq is doing...
8-13-2020 Newshound Guru MilitiaMan ...I am sure the event we await is looking to be in motion more and more each day...there are so many indicators that point to it. Iraq has to the best of my knowledge notified the BIS they are to raise the value of their currency, imo...The BIS has in return, also with the same sentiment have notified other banks of that action and we learned that by PINGs noticed around the world recently...Those pings are reactionary and necessary...
8-13-2020 Intel Guru Bruce [via WiserNow] ...Iraq has definitely revalued the currency – I know what the rate is - IN COUNTRY – that means in that country of Iraq – and it’s between $8.50 and $9.00 – I’ll just tell you that – That doesn’t meant that is what we’re going to get here by the way – Our rate could be significantly higher – In fact – yesterday – when the ISX came on for the first part of the week - our week – Monday – they - that’s the Iraq Stock Exchange - they were trading but they shut it down after the first half hour of trading...The reason they did that was because during that time the Iraqi Dinar was also trading and going too high...they did not want the value of the dinar to exceed what their expectations were for it – my understanding was in that half hour of time the market was open the Dinar increased 50% in value...So – I don’t know exactly where that puts us – I know roughly what I’ve heard – where we should be – but all I can say is regarding Dinar and Dong – specifically - I think you have absolutely nothing to worry about and it wouldn’t surprise me if both of those could be in double figures – now that would be a front screen look...
8-13-2020 Newshound Guru Pimpy Kurdistan and Baghdad going back and forth over something I'm sure can get resolved really quick. We got about one week away from Al-Kazemi getting here. Let's keep our fingers crossed that all the things that need to be done will be completed before he gets here so we could just move forward with the reinstatement of their sovereignty and the restrictions moved off of their currency...
8-13-2020 Newshound Guru Breitling You don't know what Iraq is doing and you don't know how they are motivated if you don't know that they're trying to get their currency up in value so they can take advantage of the Swiss System and be part of the global trade system. Remember the Untied States is a trade empire...Iraq is trying to comply. That's how you measure this thing correctly...Iraq is doing everything they can right now through parliament and their laws to get attached to the U.S. dollar...they want to be part of the west. They want to be part of our market. And that's what they're doing.
8-13-2020 Newshound Guru Jeff ...we will not see a rate change until Kurdistan and Baghdad resolve their difference and reach that comprehensive agreement. It's that simple. That's really the #1 thing that you guys have seen since the beginning of this year...all the articles coming out have been talking about Kurdistan and Baghdad reaching a comprehensive agreement. IMO they will not reach an agreement until September. You guys know September is red hot...Iraq only has money to cover them through August...they just told you they are not going to be borrowing anymore money.
8-13-2020 Intel Guru Frank26 In my strong opinion I still strongly believe that Kazimi will make some type of an announcement about their currency, their monetary reform before he comes to the United States of America. And I really feel that because... What is the best way to walk into the White House front lawn rose garden? Smelling like a rose. So Kazimi would you smell like a rose if you make an announcement about your monetary reform that affects your economic reform that everybody is waiting to come into your county to do economic reform through the contracts? Sure it would...
8-13-2020 Newshound Guru Adam Montana OIL...45.21 dollars per barrel... happy news for Iraq, and this does nothing but bolster their confidence...We know it's going to go back to former levels seen this year. We can be fairly certain this current low rate won't stick around...and of course I'm talking about both OIL and also Dinar. As much as I state that the Auctions aren't an indicator of an RV, the continued solid auctions just prove that Iraq is a well oiled (haha) machine. One of the biggest events on the calendar is our boy Kazzamie coming to America. ...I love the progress. I want to see some HCL news, but it's very possible that they are lining a few things up before it goes through. When we have HCL, I believe we will get our RV...It's coming! ...go HCL, go Kazzammie, GO RV!!!
8-13-2020 Guest Guru Austin-Powers-For-PM Think about this for a minute. There have been lots of LOP's over the years. How does a country behave before a LOP? They spell it out in a VERY crystal-clear fashion for the population. They tell them in a totally unmistakable way that their large note will be the same value as the smaller note, and that the large note has a very short life span in the marketplace before they become worthless. Has Iraq in any way, shape, or form indicated any of this to their population? NO!! As a matter of fact, they have been very coy in how they are treating the "removing the 3 zeros" and have stated very clearly that the large notes will CO-EXIST with the lower denominations. I can't see from Iraq's behavior how this could be a LOP.
8-13-2020 Newshound Guru Breitling It's not just adding value to their currency. It's they want to add value to their currency and make sure they can use the damn thing. So can they take that currency and put it into the Swiss system and convert it to the U.S. dollar. That's it. That's what they're hashing out...if you believe this hype, this garbage - the U.S. dollar is about to fall, that there's something wrong with it...You're stupid and blind...the dollar is the most valuable currency on the plant. Meaning 72% of the world's international markets use the U.S. dollar. The Fed was the one who managed to get it there...it's the most powerful currency on the planet that's ever existed...if you don't know what that means, that means you've never gone to another country and done business before because you'll realize the power of the U.S. dollar...so if you want to be part of the west's system, the United States system how do you do that? You have to convert to the U.S. dollar...That's what Iraq is doing...
8-13-2020 Newshound Guru MilitiaMan ...I am sure the event we await is looking to be in motion more and more each day...there are so many indicators that point to it. Iraq has to the best of my knowledge notified the BIS they are to raise the value of their currency, imo...The BIS has in return, also with the same sentiment have notified other banks of that action and we learned that by PINGs noticed around the world recently...Those pings are reactionary and necessary...
8-13-2020 Intel Guru Bruce [via WiserNow] ...Iraq has definitely revalued the currency – I know what the rate is - IN COUNTRY – that means in that country of Iraq – and it’s between $8.50 and $9.00 – I’ll just tell you that – That doesn’t meant that is what we’re going to get here by the way – Our rate could be significantly higher – In fact – yesterday – when the ISX came on for the first part of the week - our week – Monday – they - that’s the Iraq Stock Exchange - they were trading but they shut it down after the first half hour of trading...The reason they did that was because during that time the Iraqi Dinar was also trading and going too high...they did not want the value of the dinar to exceed what their expectations were for it – my understanding was in that half hour of time the market was open the Dinar increased 50% in value...So – I don’t know exactly where that puts us – I know roughly what I’ve heard – where we should be – but all I can say is regarding Dinar and Dong – specifically - I think you have absolutely nothing to worry about and it wouldn’t surprise me if both of those could be in double figures – now that would be a front screen look...
8-12-2020 Intel Guru Frank26 ...the details have been worked out for the monetary reform, those details were a long time ago. What we're seeing as far as the 20th with the Prime Minister Kazimi and our President Trump is nothing more than a table that has already been set. Kazimi's coming over to feast off of that table. It's nothing more but a formality. It's really about the investments that the United States of America is about to make in Iraq . Now there's no way we can do this unless they're Article VIII which means that they have to raise the value to be Article VIII according to the IMF. They have to make this announcement.
8-12-2020 Newshound Guru Breitling People are asking me 'Is Trump going to cause the dinar to revalue for his election? Is that going to help him?' Didn't we have this conversation when George Bush Jr. was running for president? You guys they don't have that sort of power over a currency...
8-12-2020 Newshound/Intel Guru Mnt Goat
4. monitor the economy for hyper-inflation for a couple of weeks or more
5. then reinstate the currency to the global currency exchanges and allow it to trade openly meaning FOREX (buying and selling). We do not go to the bank until this final step in the process happens...
Having said all this these steps could all happen very suddenly within a week or may take longer. It depends on the reaction of the market inside Iraq . [post 2 of 2]
8-12-2020 Newshound/Intel Guru Mnt Goat ...In the past we have been given a diagram charting decades of rates for the dinar by the CBI. Seems they are targeting around $4.25 as a stable rate in the long run. But to get there, steps must be followed:
1. end the currency auctions and its corruption as is today.
2. delete the zeroes and launch the newer notes and coins to convert to the lower denominations;
3. revalue the dinar in-country by removing the zeros from the rate meaning That is a .000873 rate would become 87 cents. Of course, they want to get the dinar par or to exceed with the US dollar to start...They will want to make the dinar more desirable. The start may mean a provisional rate goal of .00100+ before starting then drop 3 decimal places to at least a 1.00. [post 1 of 2....stay tuned]
8-12-2020 Intel Guru Footforward [reference Guru Kaperoni's post 8-12-2020] ...This absolutely will not happen in my opinion. ...Doing a LOP doesn't help Iraq at all. Not one bit. They need to add value to their currency. They already have lower denominations printed and ready to go. You also don't change your exchange rate be doing a LOP or redenomimation. You actually have to add value to the currency. A LOP doesn't do this. At all. It just makes your notes a smaller denomination. This would not make it equal in value to the USD.
8-12-2020 Newshound Guru Pimpy Trump Quote: "We're looking at also considering a capital gains tax cut which would create a lot more jobs so we're looking very seriously at a capital gains tax cut..." Yeah we'll take a capital gains tax cut. That means when the RV happens...you wouldn't pay no capital gains on them if he cuts the taxes on it...you would only pay state tax. So make sure you move to a state that has no state tax...he's going to get what he wants... [Note: Some gurus feel the dinar will be taxed at regular income and not capital gains. Speak with your tax professional at the appropriate time. We love hearing possibilities and strategies but the only opinion that matters when it comes to tax liability is the IRS's.]
8-12-2020 Intel Guru Frank26 Trump right now is working with Saudi Arabia and Kuwait concerning the monetary reform of the Iraqi dinar. It's getting done. It just has to include many in the Middle East...It is not just Iraq...IMO Saudi Arabia and Kuwait are playing an important part in the monetary reform of the Iraqi dinar. And they've done a very good job by the way...Saudi is playing a very very big part family in what is going on with our study...the contracts that they're going to have with Saudi to rebuild Iraq is amazing. It's huge. It's big...
8-12-2020 Newshound Guru Breitling ...every once in a while one of you guys will crack. You've been waiting 10 years, 5 years, 4 years, whatever and you'll crack and I get attacked...I snap back. It's the same response. If you don't believe in this investment, what are you doing emailing me? What are you doing even listening to me? There's no need. Do not worry about something you can not control...you either have the patients for this or you don't. There's no reason to attack anybody. There's no reason to attack someone who disagrees with you in this investment because it doesn't do anything...it's not going to hurt me or anything like that. I'm still in this...and there's no one who believes this more than me. And if you don't, there's no reason for you to listen to me.
8-12-2020 Intel Guru BobTheTaxMan ...it's been a real interesting progress in this game that we're playing...the thing that I like too is that 'no news' in this world is kind of good news. That's how I see it...they [Iraq] are making huge strides forward. They are doing everything they can to get this thing [RV/Rate change] done. They have to have it. They don't have a choice. On our end to be prepared for it is what makes it obviously more real. But, hey, it IS real. It absolutely is real. The times coming. It's very very shortly...everything that needs to be done is freaking being done. It is actually being done...a lot of people have prepared themselves, are still preparing themselves to take full advantage of this opportunity...as old as I am...this is a once in a lifetime opportunity...you're just not gonna see this [type of thing] come around very very often. You're just not gonna see it...I'm happy.
8-12-2020 Newshound Guru Kaperoni I am watching parliament closely for such a vote and luckily so far that has not occured. What I am hoping for is Iraq does nothing and decides to create a market economy. Doing so they could invite foreign investors into Iraq to participate in the rebuilding and growth of the economy. If they do, there is a chance the dinar as a result could rise in value over time, That is a realistic and justified growth. That also has been discussed by the media professional organization such as the IMF. I own dinar, and do think there is a chance for it to appreciate, just not how the gurus say. It will take years and more importantly, it will take Iraq to change there ways and get things done. But so far, Iraq talks a good story but accomplishes very little. [post 2 of 2]
8-12-2020 Newshound Guru Kaperoni ...if the CBI does try to make the dinar equal to the dollar, in some type of overnight event, it be a LOP or redenomination. Meaning parliament would vote to remove the zeros off the currency and they would issue a new currency without them. Such an event would not make you any money, it would be a neutral event. In doing so, the central bank would increase the value, and reduce the money supply from trillions to billions (42 trillion to 42 billion) and your dinar would be worth that same as you paid for it or about. [post 1 of 2....stay tuned]
8-12-2020 Intel Guru Frank26 ...the details have been worked out a long time ago and that's why Kazimi is going to go to Washington D.C. on the 20th. Because the details, the demands, the benchmarks have all been met. What President Trump is doing right now is loud concerning Iraq...Donald Trump simply wants Iraq to be 100% ready to go and Iranian influence has to be removed ... this is really good because what we're seeing is exactly what we need in order for Kazimi to go to Washington DC and talk to Donald Trump...
8-12-2020 Newshound Guru Breitling People are asking me 'Is Trump going to cause the dinar to revalue for his election? Is that going to help him?' Didn't we have this conversation when George Bush Jr. was running for president? You guys they don't have that sort of power over a currency...
8-12-2020 Newshound/Intel Guru Mnt Goat
4. monitor the economy for hyper-inflation for a couple of weeks or more
5. then reinstate the currency to the global currency exchanges and allow it to trade openly meaning FOREX (buying and selling). We do not go to the bank until this final step in the process happens...
Having said all this these steps could all happen very suddenly within a week or may take longer. It depends on the reaction of the market inside Iraq . [post 2 of 2]
8-12-2020 Newshound/Intel Guru Mnt Goat ...In the past we have been given a diagram charting decades of rates for the dinar by the CBI. Seems they are targeting around $4.25 as a stable rate in the long run. But to get there, steps must be followed:
1. end the currency auctions and its corruption as is today.
2. delete the zeroes and launch the newer notes and coins to convert to the lower denominations;
3. revalue the dinar in-country by removing the zeros from the rate meaning That is a .000873 rate would become 87 cents. Of course, they want to get the dinar par or to exceed with the US dollar to start...They will want to make the dinar more desirable. The start may mean a provisional rate goal of .00100+ before starting then drop 3 decimal places to at least a 1.00. [post 1 of 2....stay tuned]
8-12-2020 Intel Guru Footforward [reference Guru Kaperoni's post 8-12-2020] ...This absolutely will not happen in my opinion. ...Doing a LOP doesn't help Iraq at all. Not one bit. They need to add value to their currency. They already have lower denominations printed and ready to go. You also don't change your exchange rate be doing a LOP or redenomimation. You actually have to add value to the currency. A LOP doesn't do this. At all. It just makes your notes a smaller denomination. This would not make it equal in value to the USD.
8-12-2020 Newshound Guru Pimpy Trump Quote: "We're looking at also considering a capital gains tax cut which would create a lot more jobs so we're looking very seriously at a capital gains tax cut..." Yeah we'll take a capital gains tax cut. That means when the RV happens...you wouldn't pay no capital gains on them if he cuts the taxes on it...you would only pay state tax. So make sure you move to a state that has no state tax...he's going to get what he wants... [Note: Some gurus feel the dinar will be taxed at regular income and not capital gains. Speak with your tax professional at the appropriate time. We love hearing possibilities and strategies but the only opinion that matters when it comes to tax liability is the IRS's.]
8-12-2020 Intel Guru Frank26 Trump right now is working with Saudi Arabia and Kuwait concerning the monetary reform of the Iraqi dinar. It's getting done. It just has to include many in the Middle East...It is not just Iraq...IMO Saudi Arabia and Kuwait are playing an important part in the monetary reform of the Iraqi dinar. And they've done a very good job by the way...Saudi is playing a very very big part family in what is going on with our study...the contracts that they're going to have with Saudi to rebuild Iraq is amazing. It's huge. It's big...
8-12-2020 Newshound Guru Breitling ...every once in a while one of you guys will crack. You've been waiting 10 years, 5 years, 4 years, whatever and you'll crack and I get attacked...I snap back. It's the same response. If you don't believe in this investment, what are you doing emailing me? What are you doing even listening to me? There's no need. Do not worry about something you can not control...you either have the patients for this or you don't. There's no reason to attack anybody. There's no reason to attack someone who disagrees with you in this investment because it doesn't do anything...it's not going to hurt me or anything like that. I'm still in this...and there's no one who believes this more than me. And if you don't, there's no reason for you to listen to me.
8-12-2020 Intel Guru BobTheTaxMan ...it's been a real interesting progress in this game that we're playing...the thing that I like too is that 'no news' in this world is kind of good news. That's how I see it...they [Iraq] are making huge strides forward. They are doing everything they can to get this thing [RV/Rate change] done. They have to have it. They don't have a choice. On our end to be prepared for it is what makes it obviously more real. But, hey, it IS real. It absolutely is real. The times coming. It's very very shortly...everything that needs to be done is freaking being done. It is actually being done...a lot of people have prepared themselves, are still preparing themselves to take full advantage of this opportunity...as old as I am...this is a once in a lifetime opportunity...you're just not gonna see this [type of thing] come around very very often. You're just not gonna see it...I'm happy.
8-12-2020 Newshound Guru Kaperoni I am watching parliament closely for such a vote and luckily so far that has not occured. What I am hoping for is Iraq does nothing and decides to create a market economy. Doing so they could invite foreign investors into Iraq to participate in the rebuilding and growth of the economy. If they do, there is a chance the dinar as a result could rise in value over time, That is a realistic and justified growth. That also has been discussed by the media professional organization such as the IMF. I own dinar, and do think there is a chance for it to appreciate, just not how the gurus say. It will take years and more importantly, it will take Iraq to change there ways and get things done. But so far, Iraq talks a good story but accomplishes very little. [post 2 of 2]
8-12-2020 Newshound Guru Kaperoni ...if the CBI does try to make the dinar equal to the dollar, in some type of overnight event, it be a LOP or redenomination. Meaning parliament would vote to remove the zeros off the currency and they would issue a new currency without them. Such an event would not make you any money, it would be a neutral event. In doing so, the central bank would increase the value, and reduce the money supply from trillions to billions (42 trillion to 42 billion) and your dinar would be worth that same as you paid for it or about. [post 1 of 2....stay tuned]
8-12-2020 Intel Guru Frank26 ...the details have been worked out a long time ago and that's why Kazimi is going to go to Washington D.C. on the 20th. Because the details, the demands, the benchmarks have all been met. What President Trump is doing right now is loud concerning Iraq...Donald Trump simply wants Iraq to be 100% ready to go and Iranian influence has to be removed ... this is really good because what we're seeing is exactly what we need in order for Kazimi to go to Washington DC and talk to Donald Trump...
8-11-2020 Intel/Newshound Guru sandyf Kap [Guru Kaperoni] is quite right in what he says regarding Iraq , never going to happen. However an adjustment to the exchange rate does not have to be the result of any action by the country. In 1967 GBP was devalued by 14% and as at that time Sterling was the predominant reserve currency nearly every country had to adjust rates, effectively a Global Currency Reset.
8-11-2020 Newshound Guru Pimpy There seems to be a lot of great strides towards Iraq earning their sovereignty, which is really super important. We are keeping an eye on that.
8-11-2020 Intel Guru Frank26 When I called [guru] Walkingstick and I told him about this he says keep your eye on it...we've been seeing this for a while now haven't we. Shoot for the last year and a half at least. For the last almost 2 months we've been seeing massive amounts of the dinar moving and I told you not at a program rate but at a different rate...I do not believe that this is something that is labeled as a coincidence, as an accident...I see this as a movement. I see this as the Iraqi dinar being positioned internationally. I believe you're gonna see an awful lot more of it... [Post 2 of 2]
8-11-2020 Intel Guru Frank26 ...Angel1...sends me this [from so-and-so converter site. -Image] IQD/USD - IQD 1 = $.0.8700 IQD = $.0.008. hmmm. [Frank says] 'Let me know if you see anymore'...five minutes later ring-a-ding-ding "Frank I just got another text." [Image from converter site text notification] "Sunday August 9 Currency Alert! IQD/USD 0.8700$ = 1 .0008$ = 1...this time it came through as a "ping" [Text Notification]...5 minutes later he did it again. What?!...it goes on and on...but my friend gets 11 pings from a specific clearinghouse...It's showing that the IQD is at .0008 but then on top you can see that the ping that came through was showing that 1 IQD is now equal to .87 American cents. And we saw it happen 11 times in a row. What does it mean? [Post 1 of 2....stay tuned]
8-11-2020 Newshound/Intel Guru Mnt Goat Article: "TRUMP'S ADVISOR NAMES TO SHAFAQ NEWS TEN FILES FOR DISCUSSION WITH AL-KAZEMI IN WASHINGTON" Quote: "He explained that he would meet US President Donald Trump on the twentieth of this month." We know that al-Kazemi had been invited to the White house in DC. He will speak directly with president Trump. This alone tells us he is a good guy and will be working for the restoration of Iraq in “its glory days” as has been said so many times is their goal. This includes the currency and we have been told many times it will also revalue to these glory days. Could the CBI begin the process...when he returns? Maybe if the meeting goes successfully. But at this point it is only speculation...
8-11-2020 Newshound Guru Pimpy ...August 20th [Al-Kazemi's planned visit to Washington] - that's a few days away. Let's just hope that we get enough accomplished between now and then where we can get these guys sovereignty once again, recognized internationally and the restrictions moved off of their currency...
8-11-2020 Intel Guru MarkZ [via PDK] Still quiet with gag orders in effect in the banking centers... I am hearing today is a possibility but no one will give me specifics. But people are on the edge of their seats. At the redemption center- I get “no comment” They have a skeleton crew and waiting for the call to be fully staffed. ...I’m getting a whole lot of quiet.
8-11-2020 Intel Guru Frank26 ...I said to you very clearly...I want you to look for this week is the word sovereign. Vice President Pence comes out and he says words in a rather interesting speech...it was exciting that you see Vice President Pence...talking about Iraq...And what did he say? 'Iraq is strong and sovereign.' Hello. So there's your word. Coincidence? No. But what was a coincidence though was a few hours later you got President Trump himself come out and he says, 'There's going to be cuts in both your income and your capital gains taxes.' ...so he says out of the blue, on the same day [as] the key word 'sovereign'...talk about timing. Alright maybe it's a coincidence. But golly this coincidence grabbed me!
8-11-2020 Newshound Guru Pimpy ...to be quite honest, man, I understand why the bank was making a pitch for a rate around $1.13 / $1.34 but man after talking to my friend and thinking this over I can understand why they might go ahead with the $3.22 rate. I'm NOT saying that's what the rate is. I'm just saying they don't have anything to lose. They have nothing there. They need to rebuild everything. They need purchasing power. So if we reinstate the rate at $3.22 that gives Iraq the purchasing power they need to import all the supplies and goodies they need to start rebuilding that country. Then later on if they want to go back and do an adjustment and lower it then by all means you could do so. But for now they have nothing whatsoever...
8-11-2020 Newshound Guru Pimpy There seems to be a lot of great strides towards Iraq earning their sovereignty, which is really super important. We are keeping an eye on that.
8-11-2020 Intel Guru Frank26 When I called [guru] Walkingstick and I told him about this he says keep your eye on it...we've been seeing this for a while now haven't we. Shoot for the last year and a half at least. For the last almost 2 months we've been seeing massive amounts of the dinar moving and I told you not at a program rate but at a different rate...I do not believe that this is something that is labeled as a coincidence, as an accident...I see this as a movement. I see this as the Iraqi dinar being positioned internationally. I believe you're gonna see an awful lot more of it... [Post 2 of 2]
8-11-2020 Intel Guru Frank26 ...Angel1...sends me this [from so-and-so converter site. -Image] IQD/USD - IQD 1 = $.0.8700 IQD = $.0.008. hmmm. [Frank says] 'Let me know if you see anymore'...five minutes later ring-a-ding-ding "Frank I just got another text." [Image from converter site text notification] "Sunday August 9 Currency Alert! IQD/USD 0.8700$ = 1 .0008$ = 1...this time it came through as a "ping" [Text Notification]...5 minutes later he did it again. What?!...it goes on and on...but my friend gets 11 pings from a specific clearinghouse...It's showing that the IQD is at .0008 but then on top you can see that the ping that came through was showing that 1 IQD is now equal to .87 American cents. And we saw it happen 11 times in a row. What does it mean? [Post 1 of 2....stay tuned]
8-11-2020 Newshound/Intel Guru Mnt Goat Article: "TRUMP'S ADVISOR NAMES TO SHAFAQ NEWS TEN FILES FOR DISCUSSION WITH AL-KAZEMI IN WASHINGTON" Quote: "He explained that he would meet US President Donald Trump on the twentieth of this month." We know that al-Kazemi had been invited to the White house in DC. He will speak directly with president Trump. This alone tells us he is a good guy and will be working for the restoration of Iraq in “its glory days” as has been said so many times is their goal. This includes the currency and we have been told many times it will also revalue to these glory days. Could the CBI begin the process...when he returns? Maybe if the meeting goes successfully. But at this point it is only speculation...
8-11-2020 Newshound Guru Pimpy ...August 20th [Al-Kazemi's planned visit to Washington] - that's a few days away. Let's just hope that we get enough accomplished between now and then where we can get these guys sovereignty once again, recognized internationally and the restrictions moved off of their currency...
8-11-2020 Intel Guru MarkZ [via PDK] Still quiet with gag orders in effect in the banking centers... I am hearing today is a possibility but no one will give me specifics. But people are on the edge of their seats. At the redemption center- I get “no comment” They have a skeleton crew and waiting for the call to be fully staffed. ...I’m getting a whole lot of quiet.
8-11-2020 Intel Guru Frank26 ...I said to you very clearly...I want you to look for this week is the word sovereign. Vice President Pence comes out and he says words in a rather interesting speech...it was exciting that you see Vice President Pence...talking about Iraq...And what did he say? 'Iraq is strong and sovereign.' Hello. So there's your word. Coincidence? No. But what was a coincidence though was a few hours later you got President Trump himself come out and he says, 'There's going to be cuts in both your income and your capital gains taxes.' ...so he says out of the blue, on the same day [as] the key word 'sovereign'...talk about timing. Alright maybe it's a coincidence. But golly this coincidence grabbed me!
8-11-2020 Newshound Guru Pimpy ...to be quite honest, man, I understand why the bank was making a pitch for a rate around $1.13 / $1.34 but man after talking to my friend and thinking this over I can understand why they might go ahead with the $3.22 rate. I'm NOT saying that's what the rate is. I'm just saying they don't have anything to lose. They have nothing there. They need to rebuild everything. They need purchasing power. So if we reinstate the rate at $3.22 that gives Iraq the purchasing power they need to import all the supplies and goodies they need to start rebuilding that country. Then later on if they want to go back and do an adjustment and lower it then by all means you could do so. But for now they have nothing whatsoever...
8-10-2020 Newshound Guru MilitiaMan Article: "A parliamentary bloc calls on Al-Kazemi to implement the government program before performing any foreign visit" Quote: "Iraq suffers from major security, service and economic problems, and it was the first to follow up these files before making any visit or any foreign government tour." Next week, the Prime Minister, Mustafa Al-Kazemi, will start an official visit to the United States of America, at the head of a government delegation, based on an official invitation." So in other words, get the reforms done before you leave... This I like...imo.
8-10-2020 Guest Guru Scrappy keynote: US Dollar becoming asset backed is TIMED with the rate change. Because the dinar is one of the assets backing the USD (THAT'S HUGE). ...half of Iraq 's fiscal year start's 10/1...US's fiscal year starts 10/1...Iraq can only change their rate at the begging of a new fiscal period...That's why the (White Paper) reforms are linked to a budget (require funding). The HCL is a REFORM (oil payments to citizens) that requires budget funding. Iraq 's current constitution only goes to article 139, they have to amend the constitution and add both HCL & ARTICLE 140 to it. Both 140 & HCL have been approved since 2005 and cant be implemented until the rate changes. Those are some of the WHITE PAPER REFORMS waiting on the rate change budget approval for the 2nd half of their year... If Iraq doesn't Change their rate in September, then were waiting until March of next year.
8-10-2020 Newshound Guru Pimpy Article: "The second round of strategic dialogue between Ira and America will start soon, amid Suni-Kurdish support" Quote: "Kurdistan region of Iraq are awaiting the results of the second round of strategic dialogue negotiations between Iraq and the United States which is scheduled finally for August 20th..." If you think about this, this is towards the end of August...then they will have the rest of September, all of October and then elections the first couple of days in November. Man if I was Trump, if I wanted to make some people very very happy and you wanted to give some kind of boost to economies around the world, I could think of a way...how about we just reinstate that $3.22 right there. I would love to see that...
8-10-2020 Intel Guru MarkZ No bad news over the weekend…still quiet…The redemption center side...Everything is hushed and I think that is a very good sign. Hopefully we will see some real movement.
8-10-2020 Newshound Guru Pimpy Article: "Deputy: The economic file will be part of Al-Kazemi's visit to the White House" Good. Because I know what you're thinking. Why don't they just go ahead and change the rate? I'm sure that'll be a pretty big boost don't you think? I surely do. Quote: '...the economic file will be part of the files that the Prime Minister Al-Kazemi will discuss during his visit to the White House next week.' ...I'm sure one of the things that Al-Kazemi is going to be saying to him is 'look we need to do infrastructure . We don't have scabbily right now. We're going to be starting from square one and we need some kind of help. A big help for us would be for you to once again recognize our sovereignty and then please remove the restrictions off our currency and let us reinstate our rate so that we can start importing all the supplies we need to do infrastructure.' Man I am so waiting for that announcement...
8-10-2020 Intel Guru Footforward [Does the dong and the dinar have to go at the same time? Could they go months apart or even years apart?] they don't "have to" go together. It's better if they do. Easier if they do. They would likely be weeks or months apart if they don't go together. Not years. In my opinion. ...It's been the plan for a long time for them to go together.
8-10-2020 Guest Guru Scrappy keynote: US Dollar becoming asset backed is TIMED with the rate change. Because the dinar is one of the assets backing the USD (THAT'S HUGE). ...half of Iraq 's fiscal year start's 10/1...US's fiscal year starts 10/1...Iraq can only change their rate at the begging of a new fiscal period...That's why the (White Paper) reforms are linked to a budget (require funding). The HCL is a REFORM (oil payments to citizens) that requires budget funding. Iraq 's current constitution only goes to article 139, they have to amend the constitution and add both HCL & ARTICLE 140 to it. Both 140 & HCL have been approved since 2005 and cant be implemented until the rate changes. Those are some of the WHITE PAPER REFORMS waiting on the rate change budget approval for the 2nd half of their year... If Iraq doesn't Change their rate in September, then were waiting until March of next year.
8-10-2020 Newshound Guru Pimpy Article: "The second round of strategic dialogue between Ira and America will start soon, amid Suni-Kurdish support" Quote: "Kurdistan region of Iraq are awaiting the results of the second round of strategic dialogue negotiations between Iraq and the United States which is scheduled finally for August 20th..." If you think about this, this is towards the end of August...then they will have the rest of September, all of October and then elections the first couple of days in November. Man if I was Trump, if I wanted to make some people very very happy and you wanted to give some kind of boost to economies around the world, I could think of a way...how about we just reinstate that $3.22 right there. I would love to see that...
8-10-2020 Intel Guru MarkZ No bad news over the weekend…still quiet…The redemption center side...Everything is hushed and I think that is a very good sign. Hopefully we will see some real movement.
8-10-2020 Newshound Guru Pimpy Article: "Deputy: The economic file will be part of Al-Kazemi's visit to the White House" Good. Because I know what you're thinking. Why don't they just go ahead and change the rate? I'm sure that'll be a pretty big boost don't you think? I surely do. Quote: '...the economic file will be part of the files that the Prime Minister Al-Kazemi will discuss during his visit to the White House next week.' ...I'm sure one of the things that Al-Kazemi is going to be saying to him is 'look we need to do infrastructure . We don't have scabbily right now. We're going to be starting from square one and we need some kind of help. A big help for us would be for you to once again recognize our sovereignty and then please remove the restrictions off our currency and let us reinstate our rate so that we can start importing all the supplies we need to do infrastructure.' Man I am so waiting for that announcement...
8-10-2020 Intel Guru Footforward [Does the dong and the dinar have to go at the same time? Could they go months apart or even years apart?] they don't "have to" go together. It's better if they do. Easier if they do. They would likely be weeks or months apart if they don't go together. Not years. In my opinion. ...It's been the plan for a long time for them to go together.
8-9-2020 Intel Guru RayRen98 The Economic File will be the largest file PM Al-Kadhimi discusses with Pres. Trump in Washington on August 20. The Iraqi news is saying they are hoping great successes from the meeting in Washington. Thousands of protestors have blocked all entrances to the green zone and demanding their rights. They are now saying that Al-Kadhimi needs to do the economic reforms now!
8-9-2020 Newshound Guru Kaperoni ...There is no random act. Monetary policy is earned and that means Iraq needs to pass laws open their economy and prosper for their currency to appreciate. ...I'll say it again, if Iraq has any intent to make the dinar equal to the dollar as some kind of overnight event as the guru's say, it will be a neutral event/LOP. That is the only way they could do such a thing with 42+ trillion in circulation. Not what we want to see happen.
8-9-2020 Newshound Guru Vic [Do you still like the Dinar as an investment?] Yes!...The IQD is very precious, do not GET RID OF YOURS!... I've been saying for awhile that Brexit and Basel lll must be met prior to this going down! Now since then the CV19 issue! Set back Brexit, you all heard what the PREZ., said about Income Tax! UK & USA both need MONEY$$$! The Gold price just shot past 2 Grand! 3 grand is coming! That means USD has dropped in value! So, with that said what do you think both countries need? A shot of Whiskey or a GOOD Shot of IQD!!! When? I think it's a matter of some/ a few issues that need be cleared up.
8-9-2020 Newshound Guru Pimpy Article: "Parliament reveals: The draft budget for 2021 will be ready this month" This ought to be very very interesting...there are many people who believe in this budget is the rate change...this is good. Let's get it out of the way. Seriously, let's get in there early. Let's get it voted on. Let's get it reviewed so there's no more excused and there's no delays. That would really be a huge step if Iraq could this time around get their budget in ahead of time to be discussed and voted on...everything is looking good...
8-9-2020 Newshound Guru Kaperoni ...There is no random act. Monetary policy is earned and that means Iraq needs to pass laws open their economy and prosper for their currency to appreciate. ...I'll say it again, if Iraq has any intent to make the dinar equal to the dollar as some kind of overnight event as the guru's say, it will be a neutral event/LOP. That is the only way they could do such a thing with 42+ trillion in circulation. Not what we want to see happen.
8-9-2020 Newshound Guru Vic [Do you still like the Dinar as an investment?] Yes!...The IQD is very precious, do not GET RID OF YOURS!... I've been saying for awhile that Brexit and Basel lll must be met prior to this going down! Now since then the CV19 issue! Set back Brexit, you all heard what the PREZ., said about Income Tax! UK & USA both need MONEY$$$! The Gold price just shot past 2 Grand! 3 grand is coming! That means USD has dropped in value! So, with that said what do you think both countries need? A shot of Whiskey or a GOOD Shot of IQD!!! When? I think it's a matter of some/ a few issues that need be cleared up.
8-9-2020 Newshound Guru Pimpy Article: "Parliament reveals: The draft budget for 2021 will be ready this month" This ought to be very very interesting...there are many people who believe in this budget is the rate change...this is good. Let's get it out of the way. Seriously, let's get in there early. Let's get it voted on. Let's get it reviewed so there's no more excused and there's no delays. That would really be a huge step if Iraq could this time around get their budget in ahead of time to be discussed and voted on...everything is looking good...
8-8-2020 Intel Guru Footforward It's my opinion this is done...But I'm not watching Iraq. This is bigger then Iraq. Iran is the problem. And they are being hit very hard...I'm not looking for another sign. I feel we have enough to know this is done...
8-8-2020 Intel Guru Mike Cottrell [Do you believe the Federal Reserve needs to be abolished and the Gold Standard has to be in place before the RV can occur?] The Federal Reserve has already been wrapped into the Treasury. And the Gold Standard happens at the RV…same time.
8-8-2020 Newshound Guru Jeff ...Iraq is not gonna stay pegged just to the dollar after the rate change. That is too unstable...as of November 2017...they un-pegged from the dollar and re-pegged to a currency assortment basket...that means the rate is going to be greater than a dollar. I'm not giving you a rate I'm just telling you greater than a dollar...they are pegged to a secret basket. It's the highest valued basket in the world...
8-8-2020 Intel Guru RayRen98 A CALL/EXCHANGE CENTER EMPLOYEE IN NC WAS WORKING LATE LAST EVENING AND APPEARED TO BE EXCITED ABOUT OUR FUTURE.
8-8-2020 Intel Guru Mike Cottrell [Do you believe the Federal Reserve needs to be abolished and the Gold Standard has to be in place before the RV can occur?] The Federal Reserve has already been wrapped into the Treasury. And the Gold Standard happens at the RV…same time.
8-8-2020 Newshound Guru Jeff ...Iraq is not gonna stay pegged just to the dollar after the rate change. That is too unstable...as of November 2017...they un-pegged from the dollar and re-pegged to a currency assortment basket...that means the rate is going to be greater than a dollar. I'm not giving you a rate I'm just telling you greater than a dollar...they are pegged to a secret basket. It's the highest valued basket in the world...
8-8-2020 Intel Guru RayRen98 A CALL/EXCHANGE CENTER EMPLOYEE IN NC WAS WORKING LATE LAST EVENING AND APPEARED TO BE EXCITED ABOUT OUR FUTURE.
8-7-2020 Intel Guru Bruce [via WiserNow] This is getting down to the wire – we’ve got a little bit of intel...it’s been very very quiet today... I’m going to say – don’t write off this weekend - we heard last week it could be a weekend event -
I think it’s possible but not absolute that we get something moving for us over this weekend...
8-7-2020 Intel Guru MarkZ The last update from redemption centers is they expected to work this weekend... [Did the Iraqi PM beg the US for an RV rate?] I can’t prove that but we do have a key date to look for…a bit farther out then we thought…but the PM has announced he will be in the US on Aug. 20th.
8-7-2020 Newshound/Intel Guru Mnt Goat [...what is the real reason it has not ri/rv. Is education the real reason an if so why has it not started...] education is not the reason why it has not RV'd. Education has to be done to give us a que that it is about to happen. ...We wait and watch...
8-7-2020 Newshound Guru Jeff Article: "Likelihood of concluding an agreement on oil and border crossings between Baghdad and Erbil" ...Remember I told you this is our main thing that the rate change is waiting on...in my strongest opinion Iraq will have the agreement completely done by the end of September...they're telling us next week they're going to try to reach an agreement. I disagree. I don't think the agreement will be reached until September...
8-7-2020 Newshound Guru Kaperoni The only way the Iraqi dinar will go up in value is when Iraq passes the proper legislation to invite foreign investment and Iraq's economy opens up to the global investment. Only with the success of the economy will the dinar begin to rise.
8-7-2020 Newshound Guru Pimpy Article: "Determine the date for Al-Kazimi's visit to the Untied States". Quote "On the 20th of this month Prime Minister Al-Kazimi meets with President Trump in Washington." Yay! Do the pee-pee dance!
8-7-2020 Newshound Guru Jeff ...The end of September finishes the first half of their [Iraq's] current fiscal year and 10-1 October starts the second half. So IF, I'm not saying they will, I'm saying IF they're going to change the rate at all in the year of 2020 it has to happen at the end of September. Otherwise if it's not going to happen this year we're probably most likely going to be waiting until around the start of their next fiscal year which would be...around the end of March. Those are just opinions. Opinions don't mean anything until these facts come to fruition. We've got to see Baghdad and Kurdistan reach a comprehensive agreement. That is a "must" and a requirement... [Reference Guru Jeff's Post 8-6-2020]
I think it’s possible but not absolute that we get something moving for us over this weekend...
8-7-2020 Intel Guru MarkZ The last update from redemption centers is they expected to work this weekend... [Did the Iraqi PM beg the US for an RV rate?] I can’t prove that but we do have a key date to look for…a bit farther out then we thought…but the PM has announced he will be in the US on Aug. 20th.
8-7-2020 Newshound/Intel Guru Mnt Goat [...what is the real reason it has not ri/rv. Is education the real reason an if so why has it not started...] education is not the reason why it has not RV'd. Education has to be done to give us a que that it is about to happen. ...We wait and watch...
8-7-2020 Newshound Guru Jeff Article: "Likelihood of concluding an agreement on oil and border crossings between Baghdad and Erbil" ...Remember I told you this is our main thing that the rate change is waiting on...in my strongest opinion Iraq will have the agreement completely done by the end of September...they're telling us next week they're going to try to reach an agreement. I disagree. I don't think the agreement will be reached until September...
8-7-2020 Newshound Guru Kaperoni The only way the Iraqi dinar will go up in value is when Iraq passes the proper legislation to invite foreign investment and Iraq's economy opens up to the global investment. Only with the success of the economy will the dinar begin to rise.
8-7-2020 Newshound Guru Pimpy Article: "Determine the date for Al-Kazimi's visit to the Untied States". Quote "On the 20th of this month Prime Minister Al-Kazimi meets with President Trump in Washington." Yay! Do the pee-pee dance!
8-7-2020 Newshound Guru Jeff ...The end of September finishes the first half of their [Iraq's] current fiscal year and 10-1 October starts the second half. So IF, I'm not saying they will, I'm saying IF they're going to change the rate at all in the year of 2020 it has to happen at the end of September. Otherwise if it's not going to happen this year we're probably most likely going to be waiting until around the start of their next fiscal year which would be...around the end of March. Those are just opinions. Opinions don't mean anything until these facts come to fruition. We've got to see Baghdad and Kurdistan reach a comprehensive agreement. That is a "must" and a requirement... [Reference Guru Jeff's Post 8-6-2020]
8-6-2020 Intel Guru MarkZ [via PDK] [Any change in rates?] No change in rate rumors lately. Still hearing .45-.50 cents street rate on the Dong with a contract rate at $2+. And for the Dinar still hearing between $3.70 to $3.90 for a street rate and the contract rate at $8+.
8-6-2020 Intel Guru Frank26 ...Trump does not require Kazemi to come to the United States...before the new exchange rate is released. In fact it would be best if Kazemi stay and continues the removal of any Iranian influences in the GOI. The visit to the Unite States of America may no longer be required...the dream meeting will still take place IMO after Donald Trump says Iraq is sovereign...the meeting is coming and it is for the purpose of making the announcement of their new exchange rate to the citizens of Iraq.
8-6-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS THE SIXTH ARAB IN FOREIGN CURRENCY RESERVES" So we were told before this crisis that Iraq had over 70 billion in reserves. We have been told that the reserves would not be used in this crisis to pay the bills since oil dropped so low. So why are the reserves now depleted by close to 20 billion? I think what we are being told in the news is not accurate. The lies always come out later. Were these lies just for American dinar investors? So the CBI is dangerously close to now having the minimum “safe” reserves needed by the IMF. I can tell you this will stop any reinstatement and revaluation.
8-6-2020 Newshound Guru Jeff ...Kurdistan and Baghdad have to resolve their difference and reach a comprehensive agreement. They don't have stability without that. They've got to be able to work together and have achieved stability before the Trump Administration will allow them to go International. That's why the U.S. government came out saying, 'Hey, we the U.S. support a comprehensive agreement between Baghdad and Kurdistan.' The U.S. is telling you they've got to have that before they'll allow them to go International...
8-6-2020 Intel Guru MarkZ [via PDK] ...Silence coming out of banking centers…is it a gag order? Are they trying to control information? The silence is deafening. The only information I am getting is from redemption centers…..my contacts there think that this weekend there is a strong possibility of this all going.
8-6-2020 Newshound Guru Pimpy ...right now the Iraqi dinar is not an acceptable or recognizable international currency...you can't go into your bank and exchange it like you can a lot of other currencies because there's restrictions on it right now...We need Iraq to be a sovereign nation...they're not. That's why you see the government constantly saying they want to try to get their sovereignty recognized again...to be a sovereign nation of course you have to have your own currency. We need them to have their sovereignty restored and then the restriction moved off the currency for it to be accepted. I'd love to see them on the Forex that's for sure. Once that happens you should be able to go into your local bank...
8-6-2020 Newshound/Intel Guru Petra ...They are making all the right moves. They are making the right plays. The World Bank, the IMF and the Fab 4 are completely happy with what they're seeing. I'm hoping the go signal has been given...obviously we don't know. That's pure speculation...all this stuff is just lining up...to me with all of this being done we're down to timing...the world is ready. The world needs it. Iraq certainly needs it. The fact that Kazemi is talking about a sovereign state - We're just right there...
8-6-2020 Newshound Guru Jeff Article: "The Compensation resulting from Iraqs invasion of Kuwait amounted to 177 billion dollars" This article further confers that as of this year they will be satisfying all their financial obligation and war reparations to the country of Kuwait...
8-6-2020 Intel Guru Frank26 ...everything about the reinstatement of the dinar was done by the United States Treasury. It's all well calculated for the reinstatement of the currency of Iraq at 1 to 1...oh my goodness the timing. They're about to introduce the 100...
8-6-2020 Intel Guru Frank26 ...Trump does not require Kazemi to come to the United States...before the new exchange rate is released. In fact it would be best if Kazemi stay and continues the removal of any Iranian influences in the GOI. The visit to the Unite States of America may no longer be required...the dream meeting will still take place IMO after Donald Trump says Iraq is sovereign...the meeting is coming and it is for the purpose of making the announcement of their new exchange rate to the citizens of Iraq.
8-6-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS THE SIXTH ARAB IN FOREIGN CURRENCY RESERVES" So we were told before this crisis that Iraq had over 70 billion in reserves. We have been told that the reserves would not be used in this crisis to pay the bills since oil dropped so low. So why are the reserves now depleted by close to 20 billion? I think what we are being told in the news is not accurate. The lies always come out later. Were these lies just for American dinar investors? So the CBI is dangerously close to now having the minimum “safe” reserves needed by the IMF. I can tell you this will stop any reinstatement and revaluation.
8-6-2020 Newshound Guru Jeff ...Kurdistan and Baghdad have to resolve their difference and reach a comprehensive agreement. They don't have stability without that. They've got to be able to work together and have achieved stability before the Trump Administration will allow them to go International. That's why the U.S. government came out saying, 'Hey, we the U.S. support a comprehensive agreement between Baghdad and Kurdistan.' The U.S. is telling you they've got to have that before they'll allow them to go International...
8-6-2020 Intel Guru MarkZ [via PDK] ...Silence coming out of banking centers…is it a gag order? Are they trying to control information? The silence is deafening. The only information I am getting is from redemption centers…..my contacts there think that this weekend there is a strong possibility of this all going.
8-6-2020 Newshound Guru Pimpy ...right now the Iraqi dinar is not an acceptable or recognizable international currency...you can't go into your bank and exchange it like you can a lot of other currencies because there's restrictions on it right now...We need Iraq to be a sovereign nation...they're not. That's why you see the government constantly saying they want to try to get their sovereignty recognized again...to be a sovereign nation of course you have to have your own currency. We need them to have their sovereignty restored and then the restriction moved off the currency for it to be accepted. I'd love to see them on the Forex that's for sure. Once that happens you should be able to go into your local bank...
8-6-2020 Newshound/Intel Guru Petra ...They are making all the right moves. They are making the right plays. The World Bank, the IMF and the Fab 4 are completely happy with what they're seeing. I'm hoping the go signal has been given...obviously we don't know. That's pure speculation...all this stuff is just lining up...to me with all of this being done we're down to timing...the world is ready. The world needs it. Iraq certainly needs it. The fact that Kazemi is talking about a sovereign state - We're just right there...
8-6-2020 Newshound Guru Jeff Article: "The Compensation resulting from Iraqs invasion of Kuwait amounted to 177 billion dollars" This article further confers that as of this year they will be satisfying all their financial obligation and war reparations to the country of Kuwait...
8-6-2020 Intel Guru Frank26 ...everything about the reinstatement of the dinar was done by the United States Treasury. It's all well calculated for the reinstatement of the currency of Iraq at 1 to 1...oh my goodness the timing. They're about to introduce the 100...
8-5-2020 Intel Guru Bruce [via WiserNow] ...one of the sources that is extremely well connected was talking about today or tomorrow [Wednesday]...I know some things that have happened – that are continuing to go on – and one thing that happened last night – all currencies came up live on the screens last night...the only currency that was not up was the Zimbabwe Zim Dollar...You know I cannot say absolutely tomorrow [Wednesday] is our day...I think we are basically all ready to go - we know security has always been an issue...I believe that mostly that is in check now...So I am going to say at this point we are believing for this to come – fairly quickly...
8-5-2020 Intel Guru RayRen98 [Ray are we just about to cross the finish line?] IT APPEARS THAT WAY...TIME WILL TELL.
8-5-2020 Newshound Guru Pimpy What we're hoping on is Al-Khadimi to meet with the king of Saudi Arabia before he comes here. There is an agreement that I think the United States is waiting on some kind of agreement between the two countries where Saudi Arabia is going to help Iraq financially but there are some things they need to hammer out. So I'm watching for those 2 to happen [Kurdistan agreement and Saudi Arabia visit] before Al-Khadimi comes here... something tells me something big is going to happen this month...
8-5-2020 Intel Guru MarkZ [via PDK] In Iraq they are still continuing to educate the people there and to get as much currency off the streets as they can. Everything is pretty quiet from banking centers….they have done a good job with “gag orders”. The way I look at it is there is such a tremendous push to keep people quiet...any news we are getting right now may be things like misinformation they are feeding us on purpose…I’m trying to watch the actual banking process so I don’t deal with the rumors…I did touch base with a redemption center contact who believes they will be working this weekend. I am not looking for today…but think its doggone soon.
8-5-2020 Intel Guru Frank26 So this rare event, this large volume is not just one payment but a multiple of times? Are all the payments coming to the United States of America? Don't know but IMO Iraq is making huge movement of their currency and we started studying that about 3 weeks ago...they have been moving IQD amounts electronically through the Iraqi Stock Exchange for some time now...IMO when the reinstatement of the currency of Iraq comes about the world has to be ready for it. That's what this large volume is doing - preparing the world for the reinstatement of the Iraqi dinar. [Post 2 of 2]
8-5-2020 Intel Guru Frank26 There have been large amounts of volume of the Iraqi dinar that are moving globally internationally...I believe that what the CBI is doing is that it's seeding many banks around the world that are mirrored with the CBI banks...we believe these banks have samples of the Iraqi dinar and the banks inside of Iraq have the new small categories ready to be distributed...this large volume is unprecedented especially when it's at a program rate that is worth nothing. Why would other countries be interested in accepting and receiving platforms, PLATFORMS, volumes of a worthless Iraqi dinar? It's highly possible...that it's a form of payment...this payment was coming to the United States of America...we thought it was 1 payment. It turns out IMO it's multiple payments. [post 1 of 2....stay tuned]
8-5-2020 Newshound Guru Militiaman ...this last bit of timing, the convergence of all the the economic stuff that's been happening globally, I have to say that I really wasn't a proponent of this global evolution. I really wasn't. But now I'm starting to see things a little more clearly. It is more a global situation. It's not in my view just about any one country. It's about a few or many. And I think it's all coming together because of these circumstances we find ourselves in economically...there is some really powerful stuff that's coming out lately and I think we're seeing that...when you're talking about money you're talking about prestige. You're talking about sovereignty. You're talking about currency and that's where we are...it's beautiful...I think these guys are timing things...I think short term. I Just don't see it any other way at the moment...
8-5-2020 Newshound/Intel Guru Petra ...they're definitely following a playbook. Now it's down to execution of that playbook and the timing is there...central banks - we know they are aware of what's going on. I think now it's down to a timing issue. I think they've done all the checks they've needed to check...I think our study is coming to a close...
8-5-2020 Intel Guru Frank26 ...Iraq is a sovereign country. The President of the United States of America is about to make that announcement...IMO...
8-5-2020 Intel Guru RayRen98 [Ray are we just about to cross the finish line?] IT APPEARS THAT WAY...TIME WILL TELL.
8-5-2020 Newshound Guru Pimpy What we're hoping on is Al-Khadimi to meet with the king of Saudi Arabia before he comes here. There is an agreement that I think the United States is waiting on some kind of agreement between the two countries where Saudi Arabia is going to help Iraq financially but there are some things they need to hammer out. So I'm watching for those 2 to happen [Kurdistan agreement and Saudi Arabia visit] before Al-Khadimi comes here... something tells me something big is going to happen this month...
8-5-2020 Intel Guru MarkZ [via PDK] In Iraq they are still continuing to educate the people there and to get as much currency off the streets as they can. Everything is pretty quiet from banking centers….they have done a good job with “gag orders”. The way I look at it is there is such a tremendous push to keep people quiet...any news we are getting right now may be things like misinformation they are feeding us on purpose…I’m trying to watch the actual banking process so I don’t deal with the rumors…I did touch base with a redemption center contact who believes they will be working this weekend. I am not looking for today…but think its doggone soon.
8-5-2020 Intel Guru Frank26 So this rare event, this large volume is not just one payment but a multiple of times? Are all the payments coming to the United States of America? Don't know but IMO Iraq is making huge movement of their currency and we started studying that about 3 weeks ago...they have been moving IQD amounts electronically through the Iraqi Stock Exchange for some time now...IMO when the reinstatement of the currency of Iraq comes about the world has to be ready for it. That's what this large volume is doing - preparing the world for the reinstatement of the Iraqi dinar. [Post 2 of 2]
8-5-2020 Intel Guru Frank26 There have been large amounts of volume of the Iraqi dinar that are moving globally internationally...I believe that what the CBI is doing is that it's seeding many banks around the world that are mirrored with the CBI banks...we believe these banks have samples of the Iraqi dinar and the banks inside of Iraq have the new small categories ready to be distributed...this large volume is unprecedented especially when it's at a program rate that is worth nothing. Why would other countries be interested in accepting and receiving platforms, PLATFORMS, volumes of a worthless Iraqi dinar? It's highly possible...that it's a form of payment...this payment was coming to the United States of America...we thought it was 1 payment. It turns out IMO it's multiple payments. [post 1 of 2....stay tuned]
8-5-2020 Newshound Guru Militiaman ...this last bit of timing, the convergence of all the the economic stuff that's been happening globally, I have to say that I really wasn't a proponent of this global evolution. I really wasn't. But now I'm starting to see things a little more clearly. It is more a global situation. It's not in my view just about any one country. It's about a few or many. And I think it's all coming together because of these circumstances we find ourselves in economically...there is some really powerful stuff that's coming out lately and I think we're seeing that...when you're talking about money you're talking about prestige. You're talking about sovereignty. You're talking about currency and that's where we are...it's beautiful...I think these guys are timing things...I think short term. I Just don't see it any other way at the moment...
8-5-2020 Newshound/Intel Guru Petra ...they're definitely following a playbook. Now it's down to execution of that playbook and the timing is there...central banks - we know they are aware of what's going on. I think now it's down to a timing issue. I think they've done all the checks they've needed to check...I think our study is coming to a close...
8-5-2020 Intel Guru Frank26 ...Iraq is a sovereign country. The President of the United States of America is about to make that announcement...IMO...
8-4-2020 Newshound Guru Pimpy ...there is a lot of activity happening around the world. What I'm seeing, what I'm starting to realize is this is the last ditch effort of the so-called deep state trying to figure out what they need to do to stay in control. You could see it everywhere...Al-Kazemi, what he's doing is against everything the deep state wants him to do. He is literally removing all the so-called deep state players out of Iraq. This is not fictitious. It's actually happening. He's actually pressing charges against these senior political figures...all these Iranian backed puppets...
8-4-2020 Intel Guru Delta Question: "Do you think the banks have this [100 dinar note now showing on the CBI]?" ...probably not this one. But it's very interesting...we all know that the CBI they're about to come out with the explanation - the details...I was dying to see something like this...it's was very interesting for me to see proof that yes they did have 100 dinar notes...this was exactly printed out at the same time when they printed all currency that we have...for you to see something like that is really very nice and very interesting and very telling...we've got the proof that they had them...that gives indication that this is coming out...we're really close for us to see exactly what they're trying to do...we expected something like this but...like I said I was just dying to see something like that especially the one that we never had before like the 100 note. That's amazing...
8-4-2020 Intel Guru Frank26 It's very obvious it's almost like what the international global world is doing right now with the Iraqi dinar. They're treating it like it's an international currency already...we all know what's going on with the dinar thank you very much but now thank you very much again for another reason to hold onto the truth that your currency is valued more than what you're telling everybody electronically and soon it will be physically because guess what sucker? You brought out some physical evidence. This 100 note. We're not stupid...this was unexpected but it was not a surprise. [Post 2 of 2]
8-4-2020 Intel Guru Frank26 When the exchange rate changes, oh my goodness we're going to need the 100...to see this out, that's interesting...my friends...in Iraq, they tell me that the only thing that they use is from a 1000 dinars up. They don't have no 500, they don't have no 250. They don't have no 100...it's because of the exchange rate. I'm curious...are they talking about handing it out? Why would you talk about the fact that it's [the 100 note] available? ...it's another telltale sign. [Post 1 of 2....stay tuned]
8-4-2020 Intel Guru MarkZ [via PDK] There was more people in place and arriving in banking centers on Monday... It’s nice to have more people in place in the banking centers again…and they are all braving Covid...because they have great expectations that this is actually “it”. I have a couple of really good contacts there at redemption centers…They are still on “stand-by” and “high alert”...
8-4-2020 Newshound/Intel Guru Mnt Goat Where do we stand with the revaluation of the Iraqi dinar? ...It is the CBI that has to initiate the process from the top and then the US and the IMF that must go through the signoff process to allow them to go ahead. ...Let us all take a deep breath and just relax. The CBI is still contemplating the “project to delete the zeros” and this is a FACT. I have heard the CBI has ordered the printing of much more of the new 100 dinar notes. We know these notes were previously printed but not in sufficient quantities. So why print more now if not planning something?... Why are these 100 notes important? ...remember there is preparation to reinstate as the revaluation within Iraq comes first and the coins and these notes must be launched at about the same time or just prior. So, we look for signs and we know these 100 notes and coins are important steps in the process.
8-4-2020 Intel Guru Frank26 ...please do not be misled by the things that you see parliament say to you. Only pay attention to what Kazemi says...
8-4-2020 Newshound Guru Militiaman The amount of things coming together seem to be very supportive for them to expose to the world an international rate...with Iran about to collapse, potential educational tools, 100 note being shown, the tireless effort by Kazemi the Prime Minister in respect to the "white paper" speaking of sovereignty and prestige too. All about the money. The glory days are prestige and would reflect the sovereignty IMO...
8-4-2020 Newshound/Intel Guru Petra ...The quietness of the CBI at this point in time tells me something is coming...our focus is strictly on the CBI and what Allawi, what Allaq and his team and Shabibi have to say and not the parliament. But they did make a statement about revaluing and that is going to force the CBI's hand to participate in responding to that statement...I think we're in an exciting time.
8-4-2020 Intel Guru Delta Question: "Do you think the banks have this [100 dinar note now showing on the CBI]?" ...probably not this one. But it's very interesting...we all know that the CBI they're about to come out with the explanation - the details...I was dying to see something like this...it's was very interesting for me to see proof that yes they did have 100 dinar notes...this was exactly printed out at the same time when they printed all currency that we have...for you to see something like that is really very nice and very interesting and very telling...we've got the proof that they had them...that gives indication that this is coming out...we're really close for us to see exactly what they're trying to do...we expected something like this but...like I said I was just dying to see something like that especially the one that we never had before like the 100 note. That's amazing...
8-4-2020 Intel Guru Frank26 It's very obvious it's almost like what the international global world is doing right now with the Iraqi dinar. They're treating it like it's an international currency already...we all know what's going on with the dinar thank you very much but now thank you very much again for another reason to hold onto the truth that your currency is valued more than what you're telling everybody electronically and soon it will be physically because guess what sucker? You brought out some physical evidence. This 100 note. We're not stupid...this was unexpected but it was not a surprise. [Post 2 of 2]
8-4-2020 Intel Guru Frank26 When the exchange rate changes, oh my goodness we're going to need the 100...to see this out, that's interesting...my friends...in Iraq, they tell me that the only thing that they use is from a 1000 dinars up. They don't have no 500, they don't have no 250. They don't have no 100...it's because of the exchange rate. I'm curious...are they talking about handing it out? Why would you talk about the fact that it's [the 100 note] available? ...it's another telltale sign. [Post 1 of 2....stay tuned]
8-4-2020 Intel Guru MarkZ [via PDK] There was more people in place and arriving in banking centers on Monday... It’s nice to have more people in place in the banking centers again…and they are all braving Covid...because they have great expectations that this is actually “it”. I have a couple of really good contacts there at redemption centers…They are still on “stand-by” and “high alert”...
8-4-2020 Newshound/Intel Guru Mnt Goat Where do we stand with the revaluation of the Iraqi dinar? ...It is the CBI that has to initiate the process from the top and then the US and the IMF that must go through the signoff process to allow them to go ahead. ...Let us all take a deep breath and just relax. The CBI is still contemplating the “project to delete the zeros” and this is a FACT. I have heard the CBI has ordered the printing of much more of the new 100 dinar notes. We know these notes were previously printed but not in sufficient quantities. So why print more now if not planning something?... Why are these 100 notes important? ...remember there is preparation to reinstate as the revaluation within Iraq comes first and the coins and these notes must be launched at about the same time or just prior. So, we look for signs and we know these 100 notes and coins are important steps in the process.
8-4-2020 Intel Guru Frank26 ...please do not be misled by the things that you see parliament say to you. Only pay attention to what Kazemi says...
8-4-2020 Newshound Guru Militiaman The amount of things coming together seem to be very supportive for them to expose to the world an international rate...with Iran about to collapse, potential educational tools, 100 note being shown, the tireless effort by Kazemi the Prime Minister in respect to the "white paper" speaking of sovereignty and prestige too. All about the money. The glory days are prestige and would reflect the sovereignty IMO...
8-4-2020 Newshound/Intel Guru Petra ...The quietness of the CBI at this point in time tells me something is coming...our focus is strictly on the CBI and what Allawi, what Allaq and his team and Shabibi have to say and not the parliament. But they did make a statement about revaluing and that is going to force the CBI's hand to participate in responding to that statement...I think we're in an exciting time.
8-3-2020 Newshound/Intel Guru Petra ...to be sovereign you have to be able to stand on your own two feet. You've got to be able to support yourself...have your own currency and be able to use it internationally...to be part of the international community. Why be a sovereign country if you can't direct you own sovereigns? ...so you have to be able to stand on your own two feet. I think the fact that they are basically saying they are sovereign tells us they are ready to go...
8-3-2020 Newshound Guru Militiaman ...it's quiet. Why is it quiet? ...we should see something...from the CBI in a very short period of time...
8-3-2020 Intel Guru MarkZ [via PDK] We saw so many players, attorneys, and folks involved in different payment centers all over the globe travel to be in place…they have great expectation. Dates and rates can drive us all nuts but they are certainly back in position. Many of these people have stated they would not travel again until it was imminent. And they were traveling over the weekend. ...The Iraqi minister is finally supposed to be in DC this week. He was supposed to be here a few weeks ago…but was delayed while stuff got done. I am hearing he will be in DC or New York tomorrow afternoon. Everyone needs to stay calm as we watch this roll out…Many people are telegraphing how close we are...
8-3-2020 Intel Guru Footforward ...I would strongly suggest that it's becoming clear that the RV is going to happen on a Thursday...Thursday makes the most sense to me on every level possible...
8-3-2020 Newshound Guru Pimpy I'm feeling really good that something is going to happen this summer. No, I don't have anything to prove that. I'm just saying I'm feeling really good based on what I'm seeing.
8-3-2020 Newshound Guru Militiaman ...it's quiet. Why is it quiet? ...we should see something...from the CBI in a very short period of time...
8-3-2020 Intel Guru MarkZ [via PDK] We saw so many players, attorneys, and folks involved in different payment centers all over the globe travel to be in place…they have great expectation. Dates and rates can drive us all nuts but they are certainly back in position. Many of these people have stated they would not travel again until it was imminent. And they were traveling over the weekend. ...The Iraqi minister is finally supposed to be in DC this week. He was supposed to be here a few weeks ago…but was delayed while stuff got done. I am hearing he will be in DC or New York tomorrow afternoon. Everyone needs to stay calm as we watch this roll out…Many people are telegraphing how close we are...
8-3-2020 Intel Guru Footforward ...I would strongly suggest that it's becoming clear that the RV is going to happen on a Thursday...Thursday makes the most sense to me on every level possible...
8-3-2020 Newshound Guru Pimpy I'm feeling really good that something is going to happen this summer. No, I don't have anything to prove that. I'm just saying I'm feeling really good based on what I'm seeing.
8-2-2020 Newshound Guru MilitiaMan ...The revival of the state will rely on the country having sovereignty and prestige. Both require law and order and both relate to a countries currency. They'll need to adjust their rate at some point and the pressure to do so has to be immense now. ...The laundry list of ways they can support the new currency is surely well studied now and as Nassiri has written to the PM, pointing out the road map to get where they need to be. It now looks as though the PM has full intent on following it... imo A Good thing. So lets see if the investors will accept the new platform they mentioned for the ISX this next weekend... I am sure many eyes are watching. [post 2 of 2]
8-2-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi: We have worked tirelessly to prepare a comprehensive reform paper to revive the Iraqi economy and activate the industrial and agricultural sectors" The white papers will or does hold the plan and at what rate (prestige) that plan will use to stimulate the social market economy, as they now have control or full sovereignty. ...We see large USA and Foreign firms going into Iraq now and will continue; i.e., Shell, Total, Siemens, etc.. The large firms of the world would now have had the need to know key items within those white papers. Hence, there has been noted to be large sums of money movement of late. Just as we were shown there would be. [post 1 of 2....stay tuned]
8-2-2020 Newshound Guru Pimpy Article: "48 Billion dollars...a global site that reveals Iraq's reserves of hard currency" Quote "...This institution said according to the latest classification...that Iraq's reserves of hard currency, including foreign exchange and gold, reached 48 billion and 80 million dollars noting that Iraq ranked 40th with the most reserves among the 138 statistically listed countries." ...not too bad...that's like a little bit better than the middle of the pack...that's good to know. The more the better...
8-2-2020 Newshound/Intel Guru RVAlready Hoping for 800 numbers by Wednesday...this could actually be the week!
8-2-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi: We have worked tirelessly to prepare a comprehensive reform paper to revive the Iraqi economy and activate the industrial and agricultural sectors" The white papers will or does hold the plan and at what rate (prestige) that plan will use to stimulate the social market economy, as they now have control or full sovereignty. ...We see large USA and Foreign firms going into Iraq now and will continue; i.e., Shell, Total, Siemens, etc.. The large firms of the world would now have had the need to know key items within those white papers. Hence, there has been noted to be large sums of money movement of late. Just as we were shown there would be. [post 1 of 2....stay tuned]
8-2-2020 Newshound Guru Pimpy Article: "48 Billion dollars...a global site that reveals Iraq's reserves of hard currency" Quote "...This institution said according to the latest classification...that Iraq's reserves of hard currency, including foreign exchange and gold, reached 48 billion and 80 million dollars noting that Iraq ranked 40th with the most reserves among the 138 statistically listed countries." ...not too bad...that's like a little bit better than the middle of the pack...that's good to know. The more the better...
8-2-2020 Newshound/Intel Guru RVAlready Hoping for 800 numbers by Wednesday...this could actually be the week!
8-2-2010 *** Dinar Guru News Update *** The Central Bank of Iraq has finally updated their market rates for the dinar. It's been nearly two and a half months since the last update. Their latest CBI officially reported market rate for the dinar for July 28th is 1238.916. This is out of the the IMF's 2% rule with the official rate. It's unknown why the CBI kept the market rate hidden all this time. It's unclear why they've decided to begin publicly updating again. It's unclear why now...is there something significant about the end of July. You can always see the CBI's latest Official and Market rates in the left bar of this page. Stay tuned as the gurus chime in on this CBI dinar rate news. The latest guru posts will continue below...
8-1-2020 Intel Guru Footforward ...There has been absolute radio silence about the dong for almost two months now. I take that as a good sign actually...it happens though. I have alot of good people. And when they all go dark on something at the same time, I'm not alarmed. I pay attention. It's a break in the pattern.
8-1-2020 Newshound Guru Kaperoni ...guru Frank26 thinks the new prime minister and CBI governor will announce a new exchange rate. Wrong. ...There is no overnight RV.
8-1-2020 Newshound/Intel Guru Mnt Goat Article: "SPECIAL FORCES SECURE THE OUTLETS COMPLETELY AND FROM FORGERY OF THE CENTRAL BANK DOCUMENTS" Quote: "President of the Border Ports Authority, Omar Al-Waeli, confirmed on Wednesday that Prime Minister Mustafa Al-Kazemi personally supervises the plan to secure the ports, which are now all secure, while pointing out that the actual measures to eradicate corruption included recycling of port workers and changing corrupt cadres." We know the Prime Minister is greatly interested in the border crossing file, and there is a real will to control it to serve the citizens with the revenue that can be generated from it.
8-1-2020 Newshound Guru MilitiaMan Article: "On Thursday, Finance Minister Ali Allawi confirmed the continuation of the application of automation and simplification of customs procedures" Quote: "...this Iraqi government will not hesitate to tackle corruption in Iraqi customs...He added, "We are proceeding with the implementation of automation and simplification of procedures as part of our broader program to reform the economy and diversify revenues" Yes, they sure are...Perfect timing too...Nothing like activating reforms and increasing revenues while tackling corruption along the way.
8-1-2020 Newshound Guru Pimpy ...man somebody is trying to score some major major brownie points with the United Nations. Our boy Al-Kazemi is not playing around...it's nice to see when people actually get in government and care more about the people instead of themselves... Al-Kazemi Speech quote "..we have worked tirelessly to work on a comprehensive reform paper called "the white paper" that will revive the Iraqi economy, solve financial crisis...activate agriculture and industrial production, introduce projects to address these crisis and our unemployed youth, revive the market and put Iraq economy on the right track by stopping the waste and exploitation of the public money..." Now there are a lot of people who really believe that the rate change is in the white paper. But my thing is when is this "white paper" going to be implemented if that's the case? ...it looks like things are going in the right direction...
8-1-2020 Newshound Guru Adam Montana Article: "Al-Kazemi's visits to Riyadh and Washington were not canceled" Quote: "...tours of Prime Minister Mustafa Al-Kazemi of the Kingdom of Saudi Arabia, and the United States of America, existed and were not canceled."
8-1-2020 Newshound Guru Kaperoni ...guru Frank26 thinks the new prime minister and CBI governor will announce a new exchange rate. Wrong. ...There is no overnight RV.
8-1-2020 Newshound/Intel Guru Mnt Goat Article: "SPECIAL FORCES SECURE THE OUTLETS COMPLETELY AND FROM FORGERY OF THE CENTRAL BANK DOCUMENTS" Quote: "President of the Border Ports Authority, Omar Al-Waeli, confirmed on Wednesday that Prime Minister Mustafa Al-Kazemi personally supervises the plan to secure the ports, which are now all secure, while pointing out that the actual measures to eradicate corruption included recycling of port workers and changing corrupt cadres." We know the Prime Minister is greatly interested in the border crossing file, and there is a real will to control it to serve the citizens with the revenue that can be generated from it.
8-1-2020 Newshound Guru MilitiaMan Article: "On Thursday, Finance Minister Ali Allawi confirmed the continuation of the application of automation and simplification of customs procedures" Quote: "...this Iraqi government will not hesitate to tackle corruption in Iraqi customs...He added, "We are proceeding with the implementation of automation and simplification of procedures as part of our broader program to reform the economy and diversify revenues" Yes, they sure are...Perfect timing too...Nothing like activating reforms and increasing revenues while tackling corruption along the way.
8-1-2020 Newshound Guru Pimpy ...man somebody is trying to score some major major brownie points with the United Nations. Our boy Al-Kazemi is not playing around...it's nice to see when people actually get in government and care more about the people instead of themselves... Al-Kazemi Speech quote "..we have worked tirelessly to work on a comprehensive reform paper called "the white paper" that will revive the Iraqi economy, solve financial crisis...activate agriculture and industrial production, introduce projects to address these crisis and our unemployed youth, revive the market and put Iraq economy on the right track by stopping the waste and exploitation of the public money..." Now there are a lot of people who really believe that the rate change is in the white paper. But my thing is when is this "white paper" going to be implemented if that's the case? ...it looks like things are going in the right direction...
8-1-2020 Newshound Guru Adam Montana Article: "Al-Kazemi's visits to Riyadh and Washington were not canceled" Quote: "...tours of Prime Minister Mustafa Al-Kazemi of the Kingdom of Saudi Arabia, and the United States of America, existed and were not canceled."
7-31-2020 Intel Guru Bruce [via WiserNow] So first of all – guess what happened on Wednesday morning...we had the re-evaluation of the Iraqi dinar as international – in other words – their rate was posted internationally but NOT available yet here in the US – we are not going to see the rate evidently for maybe a few more days - we’re thinking Monday at this point...So – we are looking for that to show but it may not show until Monday or possibly Tuesday... it sounds like it’s going to be a great week next week.
7-31-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance: The salaries of employees are insured according to the Borrowing Law" I recall the borrowing law had stipulations that required changes... Lets see what they do... Imo there is something afoot.. now.. They have new new instructions or orders if you will.. Oh ya.. imo
7-31-2020 Newshound Guru Pimpy ...there's some very interesting news. Actually conflicting news - it's what's so funny. Good news and I'm not so sure news. Article: "An official in the Prim Minister's office reveal the fact that Al-Kazemi will go to Washington next week". Or will he? Then you get to the next paragraph quote "the official who preferred not to be named said in the interview the information and news that spoke about Al-Kazemi's travel to the United States of America is inaccurate so as of this time no date has been fixed for this up and coming meeting." Either he's coming or he's not. We got conflicting news. We'll keep an eon on whether there is another story...
7-31-2020 Newshound Guru Adam Montana Article: "The suspension of official working hours in Kurdistan 5 days, starting from Friday" I'm hearing rumors (from people I actually listen to rumors from) that this "holiday" may be less of a holiday than usual. Perhaps it's a strategic pause in the usual updates from Parliament, and it will culminate with something big.
7-31-2020 Intel Guru MarkZ Live from Punxatawney…No real news- everybody is gagged...its dead silent everywhere...Silence is good…There could be a tremendous amount going on right now …Don’t think of silence as meaning nothing is happening…take it to mean there is good, very tight security.
7-31-2020 Intel Guru Frank26 When we see Kazemi and the CBI go to Washington D.C. it's a big alarm...When they return to Iraq they will announce the new exchange rate. The things Trump is looking for - did you lessen the use of the American dollar in your country Iraq? Did you stop funneling American dollars to Iran through your auctions? These two questions are the last two components of the monetary reform...Trumps demands are being met. The Iraqi citizens know this...Trump would meet with Kazemi and the CBI if these benchmark assurances were kept. Trumps fingerprints are all over what you are seeing right now.
7-31-2020 Newshound Guru MilitiaMan Article: "Iraqi government implements wide-ranging security and other measures to secure border crossings" I like the Past Tense component in this article. I also want to reiterate White Papers are a work in progress and develop and change over time... They have apparently secured the borders and are actively increasing revenues and put the corrupt on notice. WE...read where they have 70 billion Dinars worth a month. The
re instate that number is going to explode... imo...
7-31-2020 Intel Guru MarkZ [...could you touch on taxes for rv?...] Because we expect the entire Tax structure to change - nobody really knows…we just can make our best guess. Having talked to someone in the stream who has a tremendous background in taxes for over 40 years…their belief is there will be no federal taxes but quite possibly there will be state taxes. I am planning on both...just in case…but honestly I think there won’t be any taxes on it. [NOTE: Other gurus feel this will be taxed as ordinary income. Ultimately the only vote that matters is the IRS's. Consult with your tax professional at the appropriate time.]
7-31-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance: The salaries of employees are insured according to the Borrowing Law" I recall the borrowing law had stipulations that required changes... Lets see what they do... Imo there is something afoot.. now.. They have new new instructions or orders if you will.. Oh ya.. imo
7-31-2020 Newshound Guru Pimpy ...there's some very interesting news. Actually conflicting news - it's what's so funny. Good news and I'm not so sure news. Article: "An official in the Prim Minister's office reveal the fact that Al-Kazemi will go to Washington next week". Or will he? Then you get to the next paragraph quote "the official who preferred not to be named said in the interview the information and news that spoke about Al-Kazemi's travel to the United States of America is inaccurate so as of this time no date has been fixed for this up and coming meeting." Either he's coming or he's not. We got conflicting news. We'll keep an eon on whether there is another story...
7-31-2020 Newshound Guru Adam Montana Article: "The suspension of official working hours in Kurdistan 5 days, starting from Friday" I'm hearing rumors (from people I actually listen to rumors from) that this "holiday" may be less of a holiday than usual. Perhaps it's a strategic pause in the usual updates from Parliament, and it will culminate with something big.
7-31-2020 Intel Guru MarkZ Live from Punxatawney…No real news- everybody is gagged...its dead silent everywhere...Silence is good…There could be a tremendous amount going on right now …Don’t think of silence as meaning nothing is happening…take it to mean there is good, very tight security.
7-31-2020 Intel Guru Frank26 When we see Kazemi and the CBI go to Washington D.C. it's a big alarm...When they return to Iraq they will announce the new exchange rate. The things Trump is looking for - did you lessen the use of the American dollar in your country Iraq? Did you stop funneling American dollars to Iran through your auctions? These two questions are the last two components of the monetary reform...Trumps demands are being met. The Iraqi citizens know this...Trump would meet with Kazemi and the CBI if these benchmark assurances were kept. Trumps fingerprints are all over what you are seeing right now.
7-31-2020 Newshound Guru MilitiaMan Article: "Iraqi government implements wide-ranging security and other measures to secure border crossings" I like the Past Tense component in this article. I also want to reiterate White Papers are a work in progress and develop and change over time... They have apparently secured the borders and are actively increasing revenues and put the corrupt on notice. WE...read where they have 70 billion Dinars worth a month. The
re instate that number is going to explode... imo...
7-31-2020 Intel Guru MarkZ [...could you touch on taxes for rv?...] Because we expect the entire Tax structure to change - nobody really knows…we just can make our best guess. Having talked to someone in the stream who has a tremendous background in taxes for over 40 years…their belief is there will be no federal taxes but quite possibly there will be state taxes. I am planning on both...just in case…but honestly I think there won’t be any taxes on it. [NOTE: Other gurus feel this will be taxed as ordinary income. Ultimately the only vote that matters is the IRS's. Consult with your tax professional at the appropriate time.]
7-30-2020 Intel Guru Frank26 ...there's going to be a new CBI governor. Allaq squealed. Oh, my goodness did he squeal...he saved his rear end. He was able to work with the United States...got rid of all those people who were stealing...
7-30-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK LENDS AL-KAZEMI’S GOVERNMENT 8 TRILLION DINARS" oh oh what does this mean? No RV this year? So they did it. They managed to get the money they needed to extend this madness to the end of the year. This to me...means that they DO NOT intend to reinstate the dinar until early next year...They are buying time with these loans. This is all they are doing...But the good news is this – if they have all this new debt and so how can they repay it all if oil prices do not rise by the end of the year to vear 60/barrel? Even then they still have to pay salaries and retirees and on top of that have money to rebuild? So you see sometimes when the news looks really gloomy, there is always another side to it. Yes, we may not get what we want now but Christmas is coming and it might be really nice this year…just saying…
7-30-2020 Intel Guru MarkZ For the most part it’s still Groundhog day. There are “gag orders” in effect in most banking centers. They are very, very quiet. I still have a contact in the redemption centers who fully expects to be working this weekend….I hope that is true. [When do you expect the RV?] I’m thinking “Any moment” as we watch the markets implode and watch everything come together. Banking contacts are in this loop of “Any moment” and because of their jobs – they have to be in this mindset so they are ready when it happens.
7-30-2020 Newshound Guru MilitiaMan Article: "Parliament: The government will not submit the 2020 budget for its preoccupation with reforms" Quote: "The government may not submit the 2020 budget due to time constraints, and because it is now occupied by two overlapping major files: the 2021 budget and the reform program file," Well they surely will need the 2019 FML Amendment to do both. But, note they are speaking of the reform file. The entire economic reform file. Then that would mean to me they have to have a rate to associate the economic reform file to. They have the authorities at the highest levels being the executive, legislative and judiciary. My view is this is already underway and not just getting started...Imo This is a good thing.
7-30-2020 Newshound Guru Adam Montana I don't expect to see the RV announced until the HCL is completed. And I don't expect the HCL to be announced as completed until they are ready to RV. These are likely to be two simultaneous announcements, judging from how things are proceeding. The headline will look something like this: "HCL completed. The profit sharing agreement between all (parties) has been implemented to satisfaction; CBI announces an immediate increase in exchange rate for the Iraqi Dinar from (X) to (!!!)." Of course, that will be in Arabic. And the translations will vary, but the end result is the same: Higher exchange rate = Profits for us. ...Go Iraq. Go HCL. GO RV!!! [post 2
of 2]
7-30-2020 Newshound Guru Adam Montana ...Before we have an RV, we need the HCL to be done. I'm more certain of this than ever... and activity in Parliament regarding the HCL has been higher lately than it has in years. In fact, it was on the agenda for today [Wednesday]. I continue to be extremely impressed with how Kazzammie is moving things forward. This guy should have been hired a long time ago! Don't get too excited, at least not quite yet... [post 1 of 2...stay tuned]
7-30-2020 Intel Guru Frank26 ...the Fab 4 are going to announce to Iraq how their currency is going to be used globally. When they can use the new currency. How they can use it. The conversation is to bring the IQD to the international global market and during this meeting (this dream) is to explain how they will lessen their dependence on the American Dollar - meaning the amount of the new exchange rate of the IQD...all these benchmarks, all these requirements for the monetary reform of the currency of Iraq, they've all been done...we're now dealing with the political garbage of Iran...we're at the point where we're just picking up the last pieces with a dustpan...this meeting will be face-to-face. Not teleconference...it's going to be held in Washington D.C. IMO...we now seek Allaq and Kazemi's to announce the day of their visit to Washington D.C. because after they are done with this meeting we seek Kazemi and Allaq to go to their citizens of Iraq and announce the new exchange rate...
7-30-2020 Intel Guru Bruce [via WiserNow] We are on – I would say – a day by day account right now – the information that I’ve received from one of our Forex people is pointing towards today/tomorrow [Tuesday/Wednesday] or next week – Tuesday/Wednesday of next week... I don’t think we can write off any particular day – there seems to be a push to get this done by the end of the month - which is Friday...I don’t know if that is going to be the case - it could be – there are things point to it happening kinda – like right away...I really believe we are that close to where we could go any day now...I believe we are within days...
7-30-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK LENDS AL-KAZEMI’S GOVERNMENT 8 TRILLION DINARS" oh oh what does this mean? No RV this year? So they did it. They managed to get the money they needed to extend this madness to the end of the year. This to me...means that they DO NOT intend to reinstate the dinar until early next year...They are buying time with these loans. This is all they are doing...But the good news is this – if they have all this new debt and so how can they repay it all if oil prices do not rise by the end of the year to vear 60/barrel? Even then they still have to pay salaries and retirees and on top of that have money to rebuild? So you see sometimes when the news looks really gloomy, there is always another side to it. Yes, we may not get what we want now but Christmas is coming and it might be really nice this year…just saying…
7-30-2020 Intel Guru MarkZ For the most part it’s still Groundhog day. There are “gag orders” in effect in most banking centers. They are very, very quiet. I still have a contact in the redemption centers who fully expects to be working this weekend….I hope that is true. [When do you expect the RV?] I’m thinking “Any moment” as we watch the markets implode and watch everything come together. Banking contacts are in this loop of “Any moment” and because of their jobs – they have to be in this mindset so they are ready when it happens.
7-30-2020 Newshound Guru MilitiaMan Article: "Parliament: The government will not submit the 2020 budget for its preoccupation with reforms" Quote: "The government may not submit the 2020 budget due to time constraints, and because it is now occupied by two overlapping major files: the 2021 budget and the reform program file," Well they surely will need the 2019 FML Amendment to do both. But, note they are speaking of the reform file. The entire economic reform file. Then that would mean to me they have to have a rate to associate the economic reform file to. They have the authorities at the highest levels being the executive, legislative and judiciary. My view is this is already underway and not just getting started...Imo This is a good thing.
7-30-2020 Newshound Guru Adam Montana I don't expect to see the RV announced until the HCL is completed. And I don't expect the HCL to be announced as completed until they are ready to RV. These are likely to be two simultaneous announcements, judging from how things are proceeding. The headline will look something like this: "HCL completed. The profit sharing agreement between all (parties) has been implemented to satisfaction; CBI announces an immediate increase in exchange rate for the Iraqi Dinar from (X) to (!!!)." Of course, that will be in Arabic. And the translations will vary, but the end result is the same: Higher exchange rate = Profits for us. ...Go Iraq. Go HCL. GO RV!!! [post 2
of 2]
7-30-2020 Newshound Guru Adam Montana ...Before we have an RV, we need the HCL to be done. I'm more certain of this than ever... and activity in Parliament regarding the HCL has been higher lately than it has in years. In fact, it was on the agenda for today [Wednesday]. I continue to be extremely impressed with how Kazzammie is moving things forward. This guy should have been hired a long time ago! Don't get too excited, at least not quite yet... [post 1 of 2...stay tuned]
7-30-2020 Intel Guru Frank26 ...the Fab 4 are going to announce to Iraq how their currency is going to be used globally. When they can use the new currency. How they can use it. The conversation is to bring the IQD to the international global market and during this meeting (this dream) is to explain how they will lessen their dependence on the American Dollar - meaning the amount of the new exchange rate of the IQD...all these benchmarks, all these requirements for the monetary reform of the currency of Iraq, they've all been done...we're now dealing with the political garbage of Iran...we're at the point where we're just picking up the last pieces with a dustpan...this meeting will be face-to-face. Not teleconference...it's going to be held in Washington D.C. IMO...we now seek Allaq and Kazemi's to announce the day of their visit to Washington D.C. because after they are done with this meeting we seek Kazemi and Allaq to go to their citizens of Iraq and announce the new exchange rate...
7-30-2020 Intel Guru Bruce [via WiserNow] We are on – I would say – a day by day account right now – the information that I’ve received from one of our Forex people is pointing towards today/tomorrow [Tuesday/Wednesday] or next week – Tuesday/Wednesday of next week... I don’t think we can write off any particular day – there seems to be a push to get this done by the end of the month - which is Friday...I don’t know if that is going to be the case - it could be – there are things point to it happening kinda – like right away...I really believe we are that close to where we could go any day now...I believe we are within days...
7-29-2020 Newshound Guru Pimpy ...there are a lot of rumors swirling around as usual regarding the dinar. All I want to do is say hey be careful you know better than to get yourself all psyched up and hyped up over these rumors. Now I heard them myself. I've heard them from multiple people that something magical should happen this next week. It's ok to hope that it happens this week but I'm just letting you know to be careful not to act like it's already happened. Because if you start spending your money before you actually get it well then you're gonna be very disappointed...we've been down this road before. Let's just cross our fingers and hope something really exciting happens but stay grounded...I hear all the rumors but I can only show you guys or talk about what I can prove...I know what you're talking about but I can't prove that. It's just hearsay right now. There's nothing wrong with being optimistic but just be careful...
7-29-2020 Intel Guru RayRen98 Citizens were informed that the government is supposedly giving every "poor" person 75k dinar and cancelled some consumer debt for the holiday. Today they were told the financial management law will be discussed by the CBI and the Financial Minister after the EID holiday. They said that a year ago the financial management law was passed and that it would be a tool to help change the currency rate in Iraq and now it has resurfaced.
7-29-2020 Intel Guru Frank26 ...Iraq is International. The sharks know it. They are buying up billions and billions of dinars. They're buying them up. Not because they're psychotic or bi-polar, it's because they know...they can see
2 + 2 = 4...
7-29-2020 Intel Guru MarkZ [via PDK] Well last night was an exceptionally quiet night for a night that had so much expectation... There are a lot of bankers and people sitting around twiddling their thumbs. I could find zero movement last night in the banking world…I have chased news from Asia, to Europe to out west, Miami and Richmond…and I can find no movement…The banking side and a redemption center contact firmly believes though that we are still looking at this week. They were being prepped for it last weekend. All my banking contacts say we are at “High Alert” so I will agree with that.
7-29-2020 Newshound/Intel Guru Mnt Goat Where do we stand today? ...First, I want to re-emphasize that we will NOT see the RV in July. I know they did have plans to try to do it but even way back in early June they decided they could not piece it all together in time. They want a “level playing field” with the currencies in the middle east and so they are attempting to do it. Iran, once again, is the obstacle and causing delays on this process. ...I am possibly seeing a window in August but I do not see the CBI firming this as of yet. They are not taking the action necessary to progress in this direction. They should now be re-educating the public if this was the case. They are not. We might be heading for an early 2021 window again. We just have to wait it out and see. But we do know this nonsense of delay, delay can not go on much longer. [post 2 of 2]
7-29-2020 Newshound/Intel Guru Mnt Goat I know there are lots of rumors floating around about an RV this week... Don’t you think it might be a very good idea to inform the CBI of this impending RV? Don’t they initiate it...? I have said many times already that the CBI will educate the citizens prior to the “project to delete the zeros” and how it will all work. Even though they have done this before they will do it again and again prior to each scheduled attempt. I have talked to my sources in the CBI and they have told me to watch for this re-education and announcements from the CBI as our cue as we get closer to the RV. What more can they tell us? The only thing more would be a date and they are not going to do that, as least directly. However, the CBI has scheduled the project to delete the zeros already three (3) time that we can confirm and know of as a FACT... So if this project was going to be executed in July then where is (was) the news from the CBI? ...There is no news and thus no RV. But this is not the only reason for no RV now. [post 1 of 2....stay tuned]
7-29-2020 Intel Guru Frank26 ...what did we say last week? Iraq is international...the international world knows this don't they...if you're a shark, if you're a whale you can smell blood in the ocean right now. And that's what these guys do - these shark these whales, these companies, these entities, these treasury departments, in other words those who have powerful super dollars, big dollars, big bucks. They know when to buy the Iraqi dinar. NOW! And they're buying it left and right. You're seeing the proof of it...What's missing is the announcement... how is it they know? I call it the "white papers"...what do the white papers contain? A rate and a date and the HCL stuff...that means banks already know the rate and the date of the Iraqi dinar - when it's going to be announced don't they? IMO yes.
7-29-2020 Intel Guru RayRen98 Citizens were informed that the government is supposedly giving every "poor" person 75k dinar and cancelled some consumer debt for the holiday. Today they were told the financial management law will be discussed by the CBI and the Financial Minister after the EID holiday. They said that a year ago the financial management law was passed and that it would be a tool to help change the currency rate in Iraq and now it has resurfaced.
7-29-2020 Intel Guru Frank26 ...Iraq is International. The sharks know it. They are buying up billions and billions of dinars. They're buying them up. Not because they're psychotic or bi-polar, it's because they know...they can see
2 + 2 = 4...
7-29-2020 Intel Guru MarkZ [via PDK] Well last night was an exceptionally quiet night for a night that had so much expectation... There are a lot of bankers and people sitting around twiddling their thumbs. I could find zero movement last night in the banking world…I have chased news from Asia, to Europe to out west, Miami and Richmond…and I can find no movement…The banking side and a redemption center contact firmly believes though that we are still looking at this week. They were being prepped for it last weekend. All my banking contacts say we are at “High Alert” so I will agree with that.
7-29-2020 Newshound/Intel Guru Mnt Goat Where do we stand today? ...First, I want to re-emphasize that we will NOT see the RV in July. I know they did have plans to try to do it but even way back in early June they decided they could not piece it all together in time. They want a “level playing field” with the currencies in the middle east and so they are attempting to do it. Iran, once again, is the obstacle and causing delays on this process. ...I am possibly seeing a window in August but I do not see the CBI firming this as of yet. They are not taking the action necessary to progress in this direction. They should now be re-educating the public if this was the case. They are not. We might be heading for an early 2021 window again. We just have to wait it out and see. But we do know this nonsense of delay, delay can not go on much longer. [post 2 of 2]
7-29-2020 Newshound/Intel Guru Mnt Goat I know there are lots of rumors floating around about an RV this week... Don’t you think it might be a very good idea to inform the CBI of this impending RV? Don’t they initiate it...? I have said many times already that the CBI will educate the citizens prior to the “project to delete the zeros” and how it will all work. Even though they have done this before they will do it again and again prior to each scheduled attempt. I have talked to my sources in the CBI and they have told me to watch for this re-education and announcements from the CBI as our cue as we get closer to the RV. What more can they tell us? The only thing more would be a date and they are not going to do that, as least directly. However, the CBI has scheduled the project to delete the zeros already three (3) time that we can confirm and know of as a FACT... So if this project was going to be executed in July then where is (was) the news from the CBI? ...There is no news and thus no RV. But this is not the only reason for no RV now. [post 1 of 2....stay tuned]
7-29-2020 Intel Guru Frank26 ...what did we say last week? Iraq is international...the international world knows this don't they...if you're a shark, if you're a whale you can smell blood in the ocean right now. And that's what these guys do - these shark these whales, these companies, these entities, these treasury departments, in other words those who have powerful super dollars, big dollars, big bucks. They know when to buy the Iraqi dinar. NOW! And they're buying it left and right. You're seeing the proof of it...What's missing is the announcement... how is it they know? I call it the "white papers"...what do the white papers contain? A rate and a date and the HCL stuff...that means banks already know the rate and the date of the Iraqi dinar - when it's going to be announced don't they? IMO yes.
7-28-2020 Newshound Guru Militiaman ...it all comes back to the pressure that's on these guys to do what? Raise their exchange rate. And their words specifically say 'the exchange rate is one of the keys to our solution.' To me that's big big stuff...
7-28-2020 Newshound Guru Pimpy ...without putting too much hopium into what's going to happen, I'm waiting for the Finance Minister of Iraq to possibly make some very interesting announcements this week. Let's see what happens. I don't want to say too much but we're definitely monitoring it. One thing that can help restore the sovereignty of Iraq is for them to have the restrictions removed off of their currency so they could be a sovereign nation and start dealing with the international community...something tells me there's going to be some very interesting news here between now and the first week of August. Something that you could feel very happy about...
7-28-2020 Intel Guru Frank26 ...We believe Iraq is about to make a very huge payment in the form of IQD...We don't know who. We don't know why. But we do know it's a very huge payment (billions and billion) and it will be in the form of IQD's. It might be a payment to Kuwait. It might be to Saudi Arabia. They either already made this payment in IQD's...Or they're in the process of doing it. IMO this is because somebody knows the new exchange rate of the IQD is coming. To receive payment in Iraqi dinars in a large amount like that it is very indicative of someone knows something about that currency. It's pretty obvious isn't it? ...I bought my dinar on April of 2004. I've had my currency going on 17 years and no where in those 17 years did I ever ever feel that the exchange rate was that imminent as I feel it right now. The evidence is very clear...somebody knows...
7-28-2020 Newshound/Intel Guru Petra ...the budget. We haven't seen the budget. They haven't shown the budget. Why? What's in the budget that they don't want to show us? It's the rate. It has to be..."coincidences" are aligning to demonstrate a great need for change. And the "white papers" even dictate that the change occurs with the change in rate...I see a lot of alignment going on for now rather than later...There are a lot of coincidences aligning with a timed event that has got to be coming up here pretty quick.
7-28-2020 Intel Guru MarkZ [via PDK] All my group leaders sure think this is our week…this is the first time they have all agreed…so I am excited about that…My group leaders contacts have been telling me for over a week that they are expecting something Tonight - Tuesday night/Early Wednesday. They feel very confident that this will be a fantastic week...My folks in Iraq have not heard anything on timing...I even had a local banker reach out to me and say they could match whatever the redemption center can offer…and to keep him in mind when this thing goes…so even those guys are ramping up. [I think Labor Day will open the flood gates being just 60 days from the elections.] I still think it will be sooner.
7-28-2020 Intel Guru Delta ...what I'm expecting from the Central Bank to do - I'm expecting them to tell me the same thing what Allaq did in 2016. Exactly a mirror like that announcement. What he said at that time was in early 2017 we are going to lift the 3 zeros and introduce smaller denominations. That's what I'm waiting for...They have to have a time-frame and based on the experience of the CBI they always give people a month, two months in advance...they can raise the value but in the case of Iraq they have to introduce lower denominations too and that is the problem. That's why you need time to do that...
7-28-2020 Newshound Guru Jeff ...this is huge...the Financial Management Law - that is the tool used to commission the rate change...they're telling you they're about to restructure their budget for the second half of this year under the guidance and control of the Financial Management Law...see how huge this is?...notice how they brought you the "White Papers". Also notice how they went into great detail about reviewing the exchange rate and notice how they're doing this as they're finishing the first half of their year approaching the second half of their year. September is red hot...this article is amazing... [Post 2 of 2]
7-28-2020 Newshound Guru Jeff ...March of last year...Iraq introduced us to the Financial Management Law...it's a tool that will be used to commission the rate change...this first article is an older one from March 20, 2019: "Parliamentary move to raise the price of the dinar and maintain the stability of inflation" ...they explain the Financial Administration Law to us and how it's...a tool used to commission the rate change. Let's look at the article from yesterday Article: "The Government and parliament are considering approving two budgets" ...One for the remainder of this year and one for next year of 2021... Quote: "...expressing his belief there will be no federal budget for the year of 2020 and the government will complete this year according to the Financial Management Law." [post 1 of 2....stay tuned]
7-28-2020 Guest Guru Austin-Powers-For-PM ...Normally I'd say that it is entirely possible they'd kick the can down range another 6 months to a year. They've been doing this for 10+ years and nothing would stop them to do that again. However, now it's different. You have a P.M. who isn't kissing Iran's rear end. You have things blowing up all over Iran and putting things out of commission. You have a President facing re-election who needs something dramatic to get reelected. You have a global cash liquidity crisis that needs to be dealt with NOW! You have IQD prices going through the roof because nobody can get it. Something BIG is going to happen between now and January 2nd, and I believe before then. I have other reasons that I believe this time somethings in the works, but in any case, the earth is moving. How fast is hard to tell, but believe this is coming.
7-28-2020 Newshound Guru Pimpy ...without putting too much hopium into what's going to happen, I'm waiting for the Finance Minister of Iraq to possibly make some very interesting announcements this week. Let's see what happens. I don't want to say too much but we're definitely monitoring it. One thing that can help restore the sovereignty of Iraq is for them to have the restrictions removed off of their currency so they could be a sovereign nation and start dealing with the international community...something tells me there's going to be some very interesting news here between now and the first week of August. Something that you could feel very happy about...
7-28-2020 Intel Guru Frank26 ...We believe Iraq is about to make a very huge payment in the form of IQD...We don't know who. We don't know why. But we do know it's a very huge payment (billions and billion) and it will be in the form of IQD's. It might be a payment to Kuwait. It might be to Saudi Arabia. They either already made this payment in IQD's...Or they're in the process of doing it. IMO this is because somebody knows the new exchange rate of the IQD is coming. To receive payment in Iraqi dinars in a large amount like that it is very indicative of someone knows something about that currency. It's pretty obvious isn't it? ...I bought my dinar on April of 2004. I've had my currency going on 17 years and no where in those 17 years did I ever ever feel that the exchange rate was that imminent as I feel it right now. The evidence is very clear...somebody knows...
7-28-2020 Newshound/Intel Guru Petra ...the budget. We haven't seen the budget. They haven't shown the budget. Why? What's in the budget that they don't want to show us? It's the rate. It has to be..."coincidences" are aligning to demonstrate a great need for change. And the "white papers" even dictate that the change occurs with the change in rate...I see a lot of alignment going on for now rather than later...There are a lot of coincidences aligning with a timed event that has got to be coming up here pretty quick.
7-28-2020 Intel Guru MarkZ [via PDK] All my group leaders sure think this is our week…this is the first time they have all agreed…so I am excited about that…My group leaders contacts have been telling me for over a week that they are expecting something Tonight - Tuesday night/Early Wednesday. They feel very confident that this will be a fantastic week...My folks in Iraq have not heard anything on timing...I even had a local banker reach out to me and say they could match whatever the redemption center can offer…and to keep him in mind when this thing goes…so even those guys are ramping up. [I think Labor Day will open the flood gates being just 60 days from the elections.] I still think it will be sooner.
7-28-2020 Intel Guru Delta ...what I'm expecting from the Central Bank to do - I'm expecting them to tell me the same thing what Allaq did in 2016. Exactly a mirror like that announcement. What he said at that time was in early 2017 we are going to lift the 3 zeros and introduce smaller denominations. That's what I'm waiting for...They have to have a time-frame and based on the experience of the CBI they always give people a month, two months in advance...they can raise the value but in the case of Iraq they have to introduce lower denominations too and that is the problem. That's why you need time to do that...
7-28-2020 Newshound Guru Jeff ...this is huge...the Financial Management Law - that is the tool used to commission the rate change...they're telling you they're about to restructure their budget for the second half of this year under the guidance and control of the Financial Management Law...see how huge this is?...notice how they brought you the "White Papers". Also notice how they went into great detail about reviewing the exchange rate and notice how they're doing this as they're finishing the first half of their year approaching the second half of their year. September is red hot...this article is amazing... [Post 2 of 2]
7-28-2020 Newshound Guru Jeff ...March of last year...Iraq introduced us to the Financial Management Law...it's a tool that will be used to commission the rate change...this first article is an older one from March 20, 2019: "Parliamentary move to raise the price of the dinar and maintain the stability of inflation" ...they explain the Financial Administration Law to us and how it's...a tool used to commission the rate change. Let's look at the article from yesterday Article: "The Government and parliament are considering approving two budgets" ...One for the remainder of this year and one for next year of 2021... Quote: "...expressing his belief there will be no federal budget for the year of 2020 and the government will complete this year according to the Financial Management Law." [post 1 of 2....stay tuned]
7-28-2020 Guest Guru Austin-Powers-For-PM ...Normally I'd say that it is entirely possible they'd kick the can down range another 6 months to a year. They've been doing this for 10+ years and nothing would stop them to do that again. However, now it's different. You have a P.M. who isn't kissing Iran's rear end. You have things blowing up all over Iran and putting things out of commission. You have a President facing re-election who needs something dramatic to get reelected. You have a global cash liquidity crisis that needs to be dealt with NOW! You have IQD prices going through the roof because nobody can get it. Something BIG is going to happen between now and January 2nd, and I believe before then. I have other reasons that I believe this time somethings in the works, but in any case, the earth is moving. How fast is hard to tell, but believe this is coming.
7-27-2020 Newshound/Intel Guru Petra ...If I was going to use two words today to describe all the articles coming out in the last 72 hours it would be "strategic confusion"...there's some interesting development that I think we need to bring up...they are so desperate for cash they are offering people to deposit their money into the banks...I saw two articles. One said they are offering double the return and other article said they're offering a 10% interest rate. The only way I could see them making double the return is if they were given double the purchasing power or triple or quadruple the purchasing power. The key here is the liquidity factor is still an issue within the country of Iraq...they are essentially borrowing from the people themselves so they can turn around and pay them...
7-27-2020 Newshound Guru Jeff ...gold and silver IMO are slowly increasing in value walking you to the timing of the rate change. As well as the dollar devaluing so that way when the rate does change it will strengthen the US dollar so the dollar can actually go back up in value...The dollar is already high. It was well over 100 cents so it would make sense that if they are going to gold backed they would have to devalue the dollar to give it wiggle room to go back up when they or if they go gold-backed...
7-27-2020 Newshound Guru Pimpy There is talk about Iraq going back to its normal fiscal period...the year would start in April. Their half year would be October. That's what it used to be and that would line them up with other Arab nations that are all part of the Arab Monetary Fund...Let's see if inside this new budget we do see the rate change. That'll be really nice... Quote: "...revealed the handing over of the 2020 budget to the house of representative next October. Staring to work on a budget of 2021. Noting it would be delivered to the parliament in October noting that it would be studied and approved early" ...October seems to be a big month for a lot of reasons...Something about this month of October. You know there's the rumors of when Trump's going to be meeting with IMF bank. We'll see what happens there. Obviously they're putting forward their budget in October as well. This could all mean something or maybe it won't. We'll keep an eye on it.
7-27-2020 Intel Guru Footforward [Things seem quiet in regards to dong and dinar...] ...it has been. Intel has been very quiet. Alot of rumors. Very few people willing to talk. I like where we are at. [Iraq announced budget for 2021 will be completed by October. September could be the RV month.] there will be a bit of misdirection on timing. So while most watch September I watch now.
7-27-2020 Intel Guru MarkZ [via PDK] There sure is a lot of chatter we are there this week. We see the groundhog again today as there was no movement this weekend. But, there are a lot of large group leaders who expect to see it Tuesday Night to Wednesday morning. These are some of the biggest groups in the game. We are going to watch it. I am a firm believer we are about to see this soon...We are watching things unfold and watching things line up.
7-27-2020 Newshound Guru Jeff Article: "Ministerial Round-table discussions express support for Iraqi government economic reforms" I've been telling you that the "white paper" is the roadmap for the new economic system to be launched which includes the rate change. Article quote: "Dr. Allawi said the the new Iraqi government is committed to submitting a wide-ranging White Paper to Parliament in September 2020 which will set out a roadmap to reorient the Iraqi economy..." They're telling you right here it's going to be submitted to parliament in September 2020...doesn't get any more clear than that...
7-27-2020 Newshound Guru Jeff ...gold and silver IMO are slowly increasing in value walking you to the timing of the rate change. As well as the dollar devaluing so that way when the rate does change it will strengthen the US dollar so the dollar can actually go back up in value...The dollar is already high. It was well over 100 cents so it would make sense that if they are going to gold backed they would have to devalue the dollar to give it wiggle room to go back up when they or if they go gold-backed...
7-27-2020 Newshound Guru Pimpy There is talk about Iraq going back to its normal fiscal period...the year would start in April. Their half year would be October. That's what it used to be and that would line them up with other Arab nations that are all part of the Arab Monetary Fund...Let's see if inside this new budget we do see the rate change. That'll be really nice... Quote: "...revealed the handing over of the 2020 budget to the house of representative next October. Staring to work on a budget of 2021. Noting it would be delivered to the parliament in October noting that it would be studied and approved early" ...October seems to be a big month for a lot of reasons...Something about this month of October. You know there's the rumors of when Trump's going to be meeting with IMF bank. We'll see what happens there. Obviously they're putting forward their budget in October as well. This could all mean something or maybe it won't. We'll keep an eye on it.
7-27-2020 Intel Guru Footforward [Things seem quiet in regards to dong and dinar...] ...it has been. Intel has been very quiet. Alot of rumors. Very few people willing to talk. I like where we are at. [Iraq announced budget for 2021 will be completed by October. September could be the RV month.] there will be a bit of misdirection on timing. So while most watch September I watch now.
7-27-2020 Intel Guru MarkZ [via PDK] There sure is a lot of chatter we are there this week. We see the groundhog again today as there was no movement this weekend. But, there are a lot of large group leaders who expect to see it Tuesday Night to Wednesday morning. These are some of the biggest groups in the game. We are going to watch it. I am a firm believer we are about to see this soon...We are watching things unfold and watching things line up.
7-27-2020 Newshound Guru Jeff Article: "Ministerial Round-table discussions express support for Iraqi government economic reforms" I've been telling you that the "white paper" is the roadmap for the new economic system to be launched which includes the rate change. Article quote: "Dr. Allawi said the the new Iraqi government is committed to submitting a wide-ranging White Paper to Parliament in September 2020 which will set out a roadmap to reorient the Iraqi economy..." They're telling you right here it's going to be submitted to parliament in September 2020...doesn't get any more clear than that...
7-26-2020 Newshound Guru Jeff I've been in this 11 years since '09. This is the first year that they've never approved an operating budget since I've been in this...what they're telling you is that the rate change is married to the budget. That's one of the main things you're looking for. And remember Iraq has to have stability. Meaning Kurdistan and Baghdad have to reach an agreement...the US requested to have the UN come in and work with both Baghdad and Kurdistan to resolve their differences...they have to reach that agreement in order for the rate change to go international...
7-26-2020 Newshound Guru Pimpy This looks like a huge International movement. This is what we want. We know that Iraq is going to be the doorway to do major business over in the Middle East. There's a lot of business opportunities over there. They've been war torn for quite some time...a lot of infrastructure needs to be dealt with...
7-26-2020 Newshound Guru Militiaman ...the theory of [the rate change/RV] being out into September is not being supported yet imo one bit. If you have links to support the view they will extend reforms out to September with fresh information, then please bring it in. Love to see it. In the mean time, we are imo watching the live progress on many fronts, not just Iraqs...
7-26-2020 Newshound Guru Pimpy Article: "Ministerial Roundtable discussions express support for Iraqi government economic reforms" ...This article is long but I can tell you this, if they have "white papers" for all these different files, they're going to be all presented in September of this year...There's a lot of discussion about, are the rate changes in this "white paper"? A lot of people seem to be pointing that direction. I haven't seen anything that says that the rate change is in the white papers but that doesn't mean it's not in the white papers. I'm looking for something a little bit different. I'm looking for the international community to once again...recognize the sovereignty of Iraq. And as you guys know in order to be a sovereign county you have to have your own currency. Iraq does have its own currency, I get that but they need the restrictions lifted off it so we can see them on the Forex once again...
7-26-2020 Newshound Guru Pimpy This looks like a huge International movement. This is what we want. We know that Iraq is going to be the doorway to do major business over in the Middle East. There's a lot of business opportunities over there. They've been war torn for quite some time...a lot of infrastructure needs to be dealt with...
7-26-2020 Newshound Guru Militiaman ...the theory of [the rate change/RV] being out into September is not being supported yet imo one bit. If you have links to support the view they will extend reforms out to September with fresh information, then please bring it in. Love to see it. In the mean time, we are imo watching the live progress on many fronts, not just Iraqs...
7-26-2020 Newshound Guru Pimpy Article: "Ministerial Roundtable discussions express support for Iraqi government economic reforms" ...This article is long but I can tell you this, if they have "white papers" for all these different files, they're going to be all presented in September of this year...There's a lot of discussion about, are the rate changes in this "white paper"? A lot of people seem to be pointing that direction. I haven't seen anything that says that the rate change is in the white papers but that doesn't mean it's not in the white papers. I'm looking for something a little bit different. I'm looking for the international community to once again...recognize the sovereignty of Iraq. And as you guys know in order to be a sovereign county you have to have your own currency. Iraq does have its own currency, I get that but they need the restrictions lifted off it so we can see them on the Forex once again...
7-25-2020 Newshound Guru Militiaman ...The World Bank states that Iraq will have issues with out getting the reforms done. They say borrowing is going to be difficult for Iraq to fund expenditures. Then today we see proof of that and with a qualification that they can get the monies through FINANCIAL REFORMS. This is not theory. This is what they can do and it is coming from the Finance Committee. The reforms will allow the money to flow, imo, that money will require an international rate. Financial Reforms are not at a program rate for pete sake.
7-25-2020 Newshound Guru Pimpy ...A lot of you brought it to my attention that yes indeed we know Al-Kazemi is not here with Trump like he was scheduled to be here but Trump had postponed it. I don't think they set a date yet due to everything that's happening here in our country. There's a lot of instability. They're using corona as an excuse. But, yeah it's going to happen. I wouldn't worry too much about it. This give Al-Kazemi a little more time for him to hammer out his issues with Kurdistan and for them to just go ahead and continue to make big strives and do what they need to do to get their sovereignty back...the problem is now we're hearing little bits of good information every day so it kind of gets old. I think a lot of us are just like come on man just make it happen already!
7-25-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ PLANS TO BORROW 18 BILLION DOLLARS" 18 billion will buy them 18 divided by 5 = 3.6 months of salaries. That’s July – mid October only. That is IF they can secure the loans. And then what next?
7-25-2020 Newshound Guru Pimpy ...A lot of you brought it to my attention that yes indeed we know Al-Kazemi is not here with Trump like he was scheduled to be here but Trump had postponed it. I don't think they set a date yet due to everything that's happening here in our country. There's a lot of instability. They're using corona as an excuse. But, yeah it's going to happen. I wouldn't worry too much about it. This give Al-Kazemi a little more time for him to hammer out his issues with Kurdistan and for them to just go ahead and continue to make big strives and do what they need to do to get their sovereignty back...the problem is now we're hearing little bits of good information every day so it kind of gets old. I think a lot of us are just like come on man just make it happen already!
7-25-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ PLANS TO BORROW 18 BILLION DOLLARS" 18 billion will buy them 18 divided by 5 = 3.6 months of salaries. That’s July – mid October only. That is IF they can secure the loans. And then what next?
7-24-2020 Intel Guru Bruce I know that everything is moving forward and we’re in a different place now than we were Tuesday...I think we’re looking good between now and the weekend but there are also people I’m hearing from that are talking about early next week – so we could push to that point – I hope not...I cannot promise you it’s going to be this week or even by the weekend – but I know that things are moving forward...I think it is exciting what is going on... [post 2 of 2]
7-24-2020 Intel Guru Bruce [via WiserNow] What we had received last night [Wednesday] was pointing toward something occurring...Saturday...but we do have additional information that takes us a little further through the weekend...your “blessing” – is right around the corner – but we don’t have it yet and until we have it keep doing whatever you’re called to do in the meantime...a lot of money is moving around – to me that is all good...these funds...are going to be used...to pay out us...I would say that is a good sign...globally the QFS is completely on line – and all countries are now hooked up and a part of it...I’m sure there are some other things that need to happen – although I did hear that there is a possibility due to the pressure that’s being exerted on us to get this party started – to get it done by a certain time in the afternoon tomorrow [Friday]... [post 1 of 2....stay tuned]
7-24-2020 Intel Guru RayRen98 "ALL HANDS ON DECK" - IS THE PHRASE FOR TODAY. THIS MAY BE AN EXCITING WEEKEND...
7-24-2020 Intel Guru MarkZ [via PDK] For the most part we are still in Punxatawney. Bankers...sat in the ready without going anywhere...on the local news front I have a banker who is very much looking for next week, and redemption centers are implementing last minute policy changes. I am hearing they are also preparing for next week. We have been sitting on the edge of our seats for so long, but I know we are close...
7-24-2020 Newshound/Intel Guru Mnt Goat I told everyone weeks ago to bash your hopes of any RV during the month of July. There are way too many pieces still to fix and work out prior. But I know for a fact the project to delete the zeros is going to take place sooner than later. They are also planning a new CBI governor replacement.
7-24-2020 Newshound/Intel Guru BGG Article: "Minister of Finance: 300 thousand “space” employees in Iraq" Quote: "Allawi explained that the issues that were buried because of the large and growing oil revenues are now evolving, and this includes payments for an estimated 300,000 “ghost” or fictional employee ” This is probably more accurately translated as “Ghost employees”, a corruption issue for a long time now and one of the big reasons no one wants to just give them money for “salaries”. It would all go to these corrupt politicians via this sham payroll scam. The good news – the MoF is going after them in an open, honest, legal fashion.
7-24-2020 Newshound Guru Pimpy Question: "[What are the] best places to turn in foreign currency?" Foreign currencies as long as there's no restrictions on them you should be able to turn them into your bank...just ask them in advance...just say, 'If I bought foreign currency and I needed to exchange it can I buy it and exchange it here?' If they say what kind of currency just say "any kind". Don't tell them anything specifically because Iraq has restrictions on it and they'll say no they don't do Iraqi dinar. Just hang tight and once the restrictions are off then consider that...
7-24-2020 Intel Guru Bruce [via WiserNow] What we had received last night [Wednesday] was pointing toward something occurring...Saturday...but we do have additional information that takes us a little further through the weekend...your “blessing” – is right around the corner – but we don’t have it yet and until we have it keep doing whatever you’re called to do in the meantime...a lot of money is moving around – to me that is all good...these funds...are going to be used...to pay out us...I would say that is a good sign...globally the QFS is completely on line – and all countries are now hooked up and a part of it...I’m sure there are some other things that need to happen – although I did hear that there is a possibility due to the pressure that’s being exerted on us to get this party started – to get it done by a certain time in the afternoon tomorrow [Friday]... [post 1 of 2....stay tuned]
7-24-2020 Intel Guru RayRen98 "ALL HANDS ON DECK" - IS THE PHRASE FOR TODAY. THIS MAY BE AN EXCITING WEEKEND...
7-24-2020 Intel Guru MarkZ [via PDK] For the most part we are still in Punxatawney. Bankers...sat in the ready without going anywhere...on the local news front I have a banker who is very much looking for next week, and redemption centers are implementing last minute policy changes. I am hearing they are also preparing for next week. We have been sitting on the edge of our seats for so long, but I know we are close...
7-24-2020 Newshound/Intel Guru Mnt Goat I told everyone weeks ago to bash your hopes of any RV during the month of July. There are way too many pieces still to fix and work out prior. But I know for a fact the project to delete the zeros is going to take place sooner than later. They are also planning a new CBI governor replacement.
7-24-2020 Newshound/Intel Guru BGG Article: "Minister of Finance: 300 thousand “space” employees in Iraq" Quote: "Allawi explained that the issues that were buried because of the large and growing oil revenues are now evolving, and this includes payments for an estimated 300,000 “ghost” or fictional employee ” This is probably more accurately translated as “Ghost employees”, a corruption issue for a long time now and one of the big reasons no one wants to just give them money for “salaries”. It would all go to these corrupt politicians via this sham payroll scam. The good news – the MoF is going after them in an open, honest, legal fashion.
7-24-2020 Newshound Guru Pimpy Question: "[What are the] best places to turn in foreign currency?" Foreign currencies as long as there's no restrictions on them you should be able to turn them into your bank...just ask them in advance...just say, 'If I bought foreign currency and I needed to exchange it can I buy it and exchange it here?' If they say what kind of currency just say "any kind". Don't tell them anything specifically because Iraq has restrictions on it and they'll say no they don't do Iraqi dinar. Just hang tight and once the restrictions are off then consider that...
7-23-2020 Intel Guru Frank26 Where will we as investors see the rate has changed 1 to 1? On the CBI website. [You can always see the official CBI dinar rate on this page in column on the left.] When? Probably when you wake up one morning. Why? Because when you're asleep they're up working very hard...unless you're up at 3 or 4 in the morning you're not gonna see it until the next day when you wake up...
7-23-2020 Newshound Guru Pimpy There's a lot of people in the group they always feel this is never going to happen. I get that...it's been stretched out over years. Over 10 years. 15 years for people. So I get that their frustration. If I may make a suggestion...you can go 'I'm done. This isn't going to happen.' Sell your currency back. And ignore it all together. Or what you could do instead of driving yourself crazy. Cut off the news for a little bit. That includes me...If everyday you're waking up with anticipation I would imagine there are only so many times you can be let down...this is why people shouldn't say dates or rates. The truth of the matter is nobody knows...be grounded. Be calm. It is going to happen. That's my opinion. It appears to be happening very very soon. You can see all the signs that are here...hang tight, be cool and have faith...
7-23-2020 Intel Guru Delta ...I'm gonna stick to my personal opinion even though the team does not agree with me...I wish and I hope and I pray to God I'm wrong 1000% but I'm leaning toward September...
7-23-2020 Newshound/Intel Guru Mnt Goat Where do we stand for the RV?
...I am not looking for anything in July. There are just too many pieces still to put in place to make this happen. Also we are moving into August soon and so I see a possible window opening if certain actions are taken. But I do know for a FACT that they are not going to wait until January 2021 if they can help it. They need to be on the FOREX trading now and so are pushing aggressively now to make it all happen. Also, ISX is now trading the Iraqi dinar like a currency exchange and this is a very, very good sign too. When ISX comes live on NASDAQ this will be the time they also put the dinar back to the currency exchanges. I look at the ISX move now as a testing ground for the dinar with investors.
7-23-2020 Intel Guru Frank26 ...Remember I told you the articles are saying "something new", "new mechanism". The word "exchange rate" is being used tremendously. And the reason why is because they have a rate and date for the exchange rate. It's hot news. It's out there... Article: "The Iraqi economy...the predicament of the situation and the problems of the solution" They are talking about their financial crisis...when it's all said and done... Quote: "The exchange rate is one of the "keys" to the solution" ...we have to increase the exchange rate of our currency, not decrease it, against the American dollar...isn't that cool...I'm all for it!
7-23-2020 Intel Guru MarkZ [via PDK] Its 7-23…I never thought we would still be here waiting...I am tired of living in Punxatawney. [...kuwait took few months and iqd 20 years lol.] Kuwait definently took much less time. I have some really good redemption center contacts and they have been put on “High Alert”. Banking centers have been told to stay very, very close. They were told to not make any plans for this weekend….they are expecting that they will have to work. This is the most positive sign I have seen in quite awhile.
7-23-2020 Newshound Guru Pimpy Just because Trump says he recognizes their sovereignty doesn't mean it happens instantaneously. Having said that it doesn't mean I'm kicking the can down the road. I think it's going to happen shortly after that...I think what happens is probably a week or two later you'll see this done. It's going to be shortly after the speech. But we just want to hear it be done. Then sometime shortly after that we will see what the rate it going to be on the Iraqi dinar as it gets on the Forex trading... [post 2 of 2]
7-23-2020 Newshound Guru Pimpy What you are going to see first is like this - The agreement between Kurdistan and Iraq hammered out and fixed. (I feel like that's the true reason he [Kazemi] has not been to the United States yet...) As soon as that is done hopefully Ms Plasshart talks to the United Nations saying, 'This is done. It's good. Iraq is doing everything they said they were going to do.' She thinks it's time to reinstate the sovereignty. Al-Kazemi comes over here to the Untied States, meets with Trump. They have a good meeting...Then what we're gonna do is wait for Trump to then introduce to the world Al-Kazemi. In that speech I'm hoping what we'll hear is Trump encouraging international community to once again recognize the sovereignty of Iraq - Therefore removing any type of restrictions on their currency and we see it on the Forex. [post 1 of 2....stay tuned]]
7-23-2020 Intel Guru Frank26 It seems to me the chest of monetary reform is resting against the tape of the Boston Marathon. The monetary reform ran the Boston Marathon and right now it is right there, touching, already ripping, heck it's already ripped and in slow motion it's falling to the ground as the monetary reform crosses the line. That's how close I feel we are to it. Because they have released the date and the rate...you don't do that until the very very last moment...I'm very intrigued by what I'm seeing and how the Iraqi dinar is being used globally on platforms and clearing houses and on Forex how it's moving. It is amazing...we are going to see the announcement of the new exchange rate...
7-23-2020 Newshound Guru Pimpy There's a lot of people in the group they always feel this is never going to happen. I get that...it's been stretched out over years. Over 10 years. 15 years for people. So I get that their frustration. If I may make a suggestion...you can go 'I'm done. This isn't going to happen.' Sell your currency back. And ignore it all together. Or what you could do instead of driving yourself crazy. Cut off the news for a little bit. That includes me...If everyday you're waking up with anticipation I would imagine there are only so many times you can be let down...this is why people shouldn't say dates or rates. The truth of the matter is nobody knows...be grounded. Be calm. It is going to happen. That's my opinion. It appears to be happening very very soon. You can see all the signs that are here...hang tight, be cool and have faith...
7-23-2020 Intel Guru Delta ...I'm gonna stick to my personal opinion even though the team does not agree with me...I wish and I hope and I pray to God I'm wrong 1000% but I'm leaning toward September...
7-23-2020 Newshound/Intel Guru Mnt Goat Where do we stand for the RV?
...I am not looking for anything in July. There are just too many pieces still to put in place to make this happen. Also we are moving into August soon and so I see a possible window opening if certain actions are taken. But I do know for a FACT that they are not going to wait until January 2021 if they can help it. They need to be on the FOREX trading now and so are pushing aggressively now to make it all happen. Also, ISX is now trading the Iraqi dinar like a currency exchange and this is a very, very good sign too. When ISX comes live on NASDAQ this will be the time they also put the dinar back to the currency exchanges. I look at the ISX move now as a testing ground for the dinar with investors.
7-23-2020 Intel Guru Frank26 ...Remember I told you the articles are saying "something new", "new mechanism". The word "exchange rate" is being used tremendously. And the reason why is because they have a rate and date for the exchange rate. It's hot news. It's out there... Article: "The Iraqi economy...the predicament of the situation and the problems of the solution" They are talking about their financial crisis...when it's all said and done... Quote: "The exchange rate is one of the "keys" to the solution" ...we have to increase the exchange rate of our currency, not decrease it, against the American dollar...isn't that cool...I'm all for it!
7-23-2020 Intel Guru MarkZ [via PDK] Its 7-23…I never thought we would still be here waiting...I am tired of living in Punxatawney. [...kuwait took few months and iqd 20 years lol.] Kuwait definently took much less time. I have some really good redemption center contacts and they have been put on “High Alert”. Banking centers have been told to stay very, very close. They were told to not make any plans for this weekend….they are expecting that they will have to work. This is the most positive sign I have seen in quite awhile.
7-23-2020 Newshound Guru Pimpy Just because Trump says he recognizes their sovereignty doesn't mean it happens instantaneously. Having said that it doesn't mean I'm kicking the can down the road. I think it's going to happen shortly after that...I think what happens is probably a week or two later you'll see this done. It's going to be shortly after the speech. But we just want to hear it be done. Then sometime shortly after that we will see what the rate it going to be on the Iraqi dinar as it gets on the Forex trading... [post 2 of 2]
7-23-2020 Newshound Guru Pimpy What you are going to see first is like this - The agreement between Kurdistan and Iraq hammered out and fixed. (I feel like that's the true reason he [Kazemi] has not been to the United States yet...) As soon as that is done hopefully Ms Plasshart talks to the United Nations saying, 'This is done. It's good. Iraq is doing everything they said they were going to do.' She thinks it's time to reinstate the sovereignty. Al-Kazemi comes over here to the Untied States, meets with Trump. They have a good meeting...Then what we're gonna do is wait for Trump to then introduce to the world Al-Kazemi. In that speech I'm hoping what we'll hear is Trump encouraging international community to once again recognize the sovereignty of Iraq - Therefore removing any type of restrictions on their currency and we see it on the Forex. [post 1 of 2....stay tuned]]
7-23-2020 Intel Guru Frank26 It seems to me the chest of monetary reform is resting against the tape of the Boston Marathon. The monetary reform ran the Boston Marathon and right now it is right there, touching, already ripping, heck it's already ripped and in slow motion it's falling to the ground as the monetary reform crosses the line. That's how close I feel we are to it. Because they have released the date and the rate...you don't do that until the very very last moment...I'm very intrigued by what I'm seeing and how the Iraqi dinar is being used globally on platforms and clearing houses and on Forex how it's moving. It is amazing...we are going to see the announcement of the new exchange rate...
7-22-2020 Intel Guru Bruce [via WiserNow] ...We were expecting this thing to go today – we had several sources that were pointing for this to start...then we got clarification on “why” it wasn’t going to go today...what happened?...Remember we talked about the Swift Financial System...countries and banks have been getting off of that system and going to the new QFS – Quantum Financial System...it turned out that we had 4 countries that were hold outs - slow to make the transition to the QFS...and those countries have all come on board – the Quantum Financial system... Now I’m just saying this is what I’m getting...we’re believing that this is coming to a close – it’s coming to fruition...so we’re feeling very good about this fairly limited but strong information that’s coming in that points toward a conclusion for us here shortly...I am very excited about where we are...
7-22-2020 Intel Guru Footforward [Any word on possible rate change within a few days.] I'm wondering how I should answer that. I'm not looking past July yet. I'm thinking it should be this summer in my opinion.
7-22-2020 Newshound Guru Pimpy ...For those of you that don't know they switched Al-Kazemi's meeting from July to August. It's coming up here very shortly. I think it was supposed to be yesterday but there were some delays and now Kazemi will be over there [Washington D.C.] in August...
7-22-2020 Intel Guru MarkZ [via PDK] We are living in Punxitawney [a town in central Pennsylvania: Groundhog Day celebration]…everybody is still sitting on “go”. I spoke with contacts out in “Treasury West” and they still have great expectations for this week and expect this to be the week for the release. I spoke with Iraqi sources and Asian sources and they are also waiting for a release and expect this to be our week...one thing I got from my Iraqi contacts is they are getting ready to shut their border down this weekend possibly.
7-22-2020 Newshound Guru Adam Montana Iran isn't the only place Iraq and Kazzammie are working. We're also witnessing positive Saudi news. We also have news regarding Iraq's oil exports... and they are NOT complying with the OPEC+ agreement. It was my opinion all along that they would not comply with that agreement... they are nodding "yes", but doing exactly what they want at the same time. Iraq is moving forward, they are strengthening all aspects of their situation... and that is GOOD for us! ...Go Kazzammie, go HCL, go Iraq...GO RRRVVVV!!! [post 2 of 2]
7-22-2020 Newshound Guru Adam Montana OIL - over $40. Good enough! ...OIL is the reason Iraq has this unique opportunity and it's the foundation for their wealth - past, lost, present, and future. If Iraq didn't have the natural resources... The opportunity wouldn't be here. But, they do, and we are here. ...Iraq has successfully migrated from the place where Iran was manipulating them, to their current position of strength with Iran. Iraq is no longer a puppet of Iran. This is one of the best possible scenarios for us! I wouldn't say it was mandatory for a progression of the RV timeline, but it's most certainly a positive thing! [post 1 of 2....stay tuned]
7-22-2020 Intel Guru Frank26 ...the "white papers" contain IMO the date, the rate and it has the numbers for the HCL. Wow. ...'A lot of people know the date and rate now?' Yeah. People that should know...this is the highest intel on planet Earth as far as I'm concerned...these files for the rate and date of the Iraqi dinar no other currency is going through this. No other currency on planet Earth can do what this currency is about to do for many countries around the world...loose lips sinks ships...there is nothing more guarded than the rate and the date...I don't know of anything of more valued than the Iraqi dinar date and rate because of what it's going to do globally. It's a global stimulus - the Iraqi dinar. Every country is prepared for it...
7-22-2020 Intel Guru MarkZ [via PDK] [Some gurus are still saying no 800 numbers.] I have had conversations with someone at a major bank who is planning on being part of this exchange where a group was p together….(not mentioning the name) but they are planning on 800 numbers for exchanges. My contacts believe there is 800 numbers and I firmly believe there will be 800 numbers so I will leave it at that.
7-22-2020 Intel Guru Footforward [Any word on possible rate change within a few days.] I'm wondering how I should answer that. I'm not looking past July yet. I'm thinking it should be this summer in my opinion.
7-22-2020 Newshound Guru Pimpy ...For those of you that don't know they switched Al-Kazemi's meeting from July to August. It's coming up here very shortly. I think it was supposed to be yesterday but there were some delays and now Kazemi will be over there [Washington D.C.] in August...
7-22-2020 Intel Guru MarkZ [via PDK] We are living in Punxitawney [a town in central Pennsylvania: Groundhog Day celebration]…everybody is still sitting on “go”. I spoke with contacts out in “Treasury West” and they still have great expectations for this week and expect this to be the week for the release. I spoke with Iraqi sources and Asian sources and they are also waiting for a release and expect this to be our week...one thing I got from my Iraqi contacts is they are getting ready to shut their border down this weekend possibly.
7-22-2020 Newshound Guru Adam Montana Iran isn't the only place Iraq and Kazzammie are working. We're also witnessing positive Saudi news. We also have news regarding Iraq's oil exports... and they are NOT complying with the OPEC+ agreement. It was my opinion all along that they would not comply with that agreement... they are nodding "yes", but doing exactly what they want at the same time. Iraq is moving forward, they are strengthening all aspects of their situation... and that is GOOD for us! ...Go Kazzammie, go HCL, go Iraq...GO RRRVVVV!!! [post 2 of 2]
7-22-2020 Newshound Guru Adam Montana OIL - over $40. Good enough! ...OIL is the reason Iraq has this unique opportunity and it's the foundation for their wealth - past, lost, present, and future. If Iraq didn't have the natural resources... The opportunity wouldn't be here. But, they do, and we are here. ...Iraq has successfully migrated from the place where Iran was manipulating them, to their current position of strength with Iran. Iraq is no longer a puppet of Iran. This is one of the best possible scenarios for us! I wouldn't say it was mandatory for a progression of the RV timeline, but it's most certainly a positive thing! [post 1 of 2....stay tuned]
7-22-2020 Intel Guru Frank26 ...the "white papers" contain IMO the date, the rate and it has the numbers for the HCL. Wow. ...'A lot of people know the date and rate now?' Yeah. People that should know...this is the highest intel on planet Earth as far as I'm concerned...these files for the rate and date of the Iraqi dinar no other currency is going through this. No other currency on planet Earth can do what this currency is about to do for many countries around the world...loose lips sinks ships...there is nothing more guarded than the rate and the date...I don't know of anything of more valued than the Iraqi dinar date and rate because of what it's going to do globally. It's a global stimulus - the Iraqi dinar. Every country is prepared for it...
7-22-2020 Intel Guru MarkZ [via PDK] [Some gurus are still saying no 800 numbers.] I have had conversations with someone at a major bank who is planning on being part of this exchange where a group was p together….(not mentioning the name) but they are planning on 800 numbers for exchanges. My contacts believe there is 800 numbers and I firmly believe there will be 800 numbers so I will leave it at that.
7-21-2020 Newshound/Intel Guru Mnt Goat This period we have seen many negotiations between Saudi Arabia and Iraq. As a result, they signed investment agreements on energy and sports, the kingdom’s state TV reported on Monday...It was also announced this week that Iran and Iraq are close to reaching an agreement regarding foreign currency exchange between the two countries. This is part of what will get us the revaluation of the Rial and Dinar. They need to put all trading partners on a level playing field in the middle east if there is going to be peace. Hang in a bit longer. Our RV is coming….
7-21-2020 Intel Guru Frank26 ...I've never seen what I've been seeing on the Iraqi stock exchange with their currency. The Iraqi dinar is climbing to new records. I've never seen anything like this before...the 'exchange rate' that's the key to turning over everything. The monetary reform. The economic reforms. Everything...Kazemi is going to announce a new exchange rate. That's the key to be announced to the citizens. It has to work with them...
7-21-2020 Newshound/Intel Guru Petra They were targeting the 15th for him [current CBI governor Allaq to leave]. Obviously there has been a delay or two. IMO it could be that he needs to get money positioned around the world so appropriate things can happen - they can make the rate change...currency has to be moving to change value...
7-21-2020 Intel Guru Frank26 ...Will we see Kazemi on the 24th? ...Is Kazemi going to go to Washington D.C.? I doubt it...Sorry Kazemi get your passports back in. Just hold up. Make an open ticket. Trump will tell you when to come over. He'll know when to tell you to come over when Pompeo turns in his report - You know the "white papers". I believe that date of the 24th has to move...I think we're going to see it very soon...
7-21-2020 Intel Guru Delta ...the Central Bank was saying printing the currency is not for the government spending. ...The central bank is basically telling everybody yes, we did print currencies but that currency we did print, they're not for the government. In my speculation. IMO those are the lower denomination that of course all of us are waiting for...
7-21-2020 Intel Guru Frank26 ...I feel, my goodness, we're right there. Somebody says to me, 'Frank, why have they delayed? What are they waiting for? When are they going to do this?' My answer to them, IMO, is they've already done it - lifted the value. That's why you see all these articles that are international with Iraq, externally with international companies. That's the only way they could have done it. What they need to do now is make this announcement...
7-21-2020 Intel Guru MarkZ [via PDK] ...There has been a lot of positioning…everyone is ready…just have not seen any money movement. My military contacts are squarely looking at the 22nd and 23rd. Banks are looking for it every day. We are stuck in a holding pattern for “something”. Lots of positive chatter out there though.
7-21-2020 Newshound Guru Pimpy Article: "Iraq receives international support to remove its name from the list of high-risk countries" Right here we have one group of people saying they have removed Iraq off a special list blacklisting them and then we have the EU saying they have blacklisted them. Here's the thing, don't be confused by them. All that's really gonna matter is what Trump says... Quote: "..Iraq receives support from some European counties to remove its names from the list of high-risk countries." This is good for them...one group said let's remove them. The other group said, no we're gonna keep them on there. Now we have this...it looks like indeed they're about to be removed. So this is all good news. This is what we're looking for. This is a step in the right direction.
7-21-2020 Intel Guru Frank26 ...I've never seen what I've been seeing on the Iraqi stock exchange with their currency. The Iraqi dinar is climbing to new records. I've never seen anything like this before...the 'exchange rate' that's the key to turning over everything. The monetary reform. The economic reforms. Everything...Kazemi is going to announce a new exchange rate. That's the key to be announced to the citizens. It has to work with them...
7-21-2020 Newshound/Intel Guru Petra They were targeting the 15th for him [current CBI governor Allaq to leave]. Obviously there has been a delay or two. IMO it could be that he needs to get money positioned around the world so appropriate things can happen - they can make the rate change...currency has to be moving to change value...
7-21-2020 Intel Guru Frank26 ...Will we see Kazemi on the 24th? ...Is Kazemi going to go to Washington D.C.? I doubt it...Sorry Kazemi get your passports back in. Just hold up. Make an open ticket. Trump will tell you when to come over. He'll know when to tell you to come over when Pompeo turns in his report - You know the "white papers". I believe that date of the 24th has to move...I think we're going to see it very soon...
7-21-2020 Intel Guru Delta ...the Central Bank was saying printing the currency is not for the government spending. ...The central bank is basically telling everybody yes, we did print currencies but that currency we did print, they're not for the government. In my speculation. IMO those are the lower denomination that of course all of us are waiting for...
7-21-2020 Intel Guru Frank26 ...I feel, my goodness, we're right there. Somebody says to me, 'Frank, why have they delayed? What are they waiting for? When are they going to do this?' My answer to them, IMO, is they've already done it - lifted the value. That's why you see all these articles that are international with Iraq, externally with international companies. That's the only way they could have done it. What they need to do now is make this announcement...
7-21-2020 Intel Guru MarkZ [via PDK] ...There has been a lot of positioning…everyone is ready…just have not seen any money movement. My military contacts are squarely looking at the 22nd and 23rd. Banks are looking for it every day. We are stuck in a holding pattern for “something”. Lots of positive chatter out there though.
7-21-2020 Newshound Guru Pimpy Article: "Iraq receives international support to remove its name from the list of high-risk countries" Right here we have one group of people saying they have removed Iraq off a special list blacklisting them and then we have the EU saying they have blacklisted them. Here's the thing, don't be confused by them. All that's really gonna matter is what Trump says... Quote: "..Iraq receives support from some European counties to remove its names from the list of high-risk countries." This is good for them...one group said let's remove them. The other group said, no we're gonna keep them on there. Now we have this...it looks like indeed they're about to be removed. So this is all good news. This is what we're looking for. This is a step in the right direction.
7-20-2020 Intel Guru MarkZ [How can your bankers be wrong every day of the week?] Because that is what they are being told. They need to be ready and in place for when it does happen….
7-20-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance warns of financing policy through the cash issue" Quotes: "There is a difference between printing the currency and the new monetary issue..."; "monetary issuance is one of the solutions for financing the deficit..." If these guys can be any more confusing than they are now, they will...They tell us the good and the bad. The good is what I focus on... It is the obvious now.. imo...The are talking about the new monetary issues. Different categories (NSCNs), as a solution for financing the deficit, as developed countries do!
7-20-2020 Intel Guru MarkZ Was very quiet this weekend…I’ve gone back and forth with a number of banking contacts. They are hearing there will be a release and funding tomorrow. Many of the redemption centers have been told they will see us this week. That is the chatter and I am hearing it from all over the place. Stories out of Europe about the corruption in the Iraq government…the new government is still cleaning it up. I have heard so much chatter about the 21st, the 22nd and the 23rd. From government sources, from press sources and others all over the place that we are about to see some land-breaking huge stuff over that 2-3 day period...Overall the news is great!!
7-20-2020 Intel Guru Footforward I'm very leery on this "the RV has happened they just haven't told anyone" stuff. Because that's impossible. You either have RV'd or you haven't. If they have, the new rate will be in cbi.iq and on forex. You can't have a secret in country rv. It doesn't work. They can be ready to go and ready to pull the trigger. But once it's pulled, you can't hide it...This can go any day. But until we...can cash out, we don't really have an RV...
7-20-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance warns of financing policy through the cash issue" Quotes: "There is a difference between printing the currency and the new monetary issue..."; "monetary issuance is one of the solutions for financing the deficit..." If these guys can be any more confusing than they are now, they will...They tell us the good and the bad. The good is what I focus on... It is the obvious now.. imo...The are talking about the new monetary issues. Different categories (NSCNs), as a solution for financing the deficit, as developed countries do!
7-20-2020 Intel Guru MarkZ Was very quiet this weekend…I’ve gone back and forth with a number of banking contacts. They are hearing there will be a release and funding tomorrow. Many of the redemption centers have been told they will see us this week. That is the chatter and I am hearing it from all over the place. Stories out of Europe about the corruption in the Iraq government…the new government is still cleaning it up. I have heard so much chatter about the 21st, the 22nd and the 23rd. From government sources, from press sources and others all over the place that we are about to see some land-breaking huge stuff over that 2-3 day period...Overall the news is great!!
7-20-2020 Intel Guru Footforward I'm very leery on this "the RV has happened they just haven't told anyone" stuff. Because that's impossible. You either have RV'd or you haven't. If they have, the new rate will be in cbi.iq and on forex. You can't have a secret in country rv. It doesn't work. They can be ready to go and ready to pull the trigger. But once it's pulled, you can't hide it...This can go any day. But until we...can cash out, we don't really have an RV...
7-19-2020 Intel Guru Delta Article: "Forex Trading in Iraq" (smile) Quotes: "Thanks to international Forex Brokers steadily expanding into Iraq, it’s now possible for Iraqi citizens and travelers to get involved in the forex market." "Our guide will help you learn more about how you can begin trading forex in Iraq, how to open a brokerage account and will introduce you to a few beginner trading strategies." [I would venture to guess that right now it's educating the Iraqi citizens how to trade on Forex, when a new international rate is exposed imo.]
7-19-2020 Newshound Guru Pimpy ...this week here is going to be very interesting. That's what I'm really watching closely. I'm expecting a couple things to happen this week. I want to see Kurdistan and Iraq hammer out this agreement. Get it signed...I want to get a thumbs up from our girl Ms Plasschaert and then we want to see Al-Kazemi get over here to meet with Trump...make that announcement [Iraq sovereignty]. That's what I'm looking forward to. That's what I'm hoping should happen this week coming up. Let's keep our fingers crossed. We'll keep an eye on it and see what happens. Hopefully we'll get some good news really really soon...
7-19-2020 Intel Guru RayRen98 Today Iraq was blacklisted by the European Union due to money laundering and corruption that still exists. This will...can become a big problem for Iraq to gain any international status being on this list. The US saying there's no time set for PM Al- Kadhimi to visit and today Al-Kadhimi is saying it is due to the virus and Trump's schedule.
7-19-2020 Intel Guru Frank26 ...even at 50 cents who's going to complain and cry about that? But the numerous recalculations did not agree with 50 cents. It agreed with being on par with the American dollar 1-to-1. One to one at the onset - at the announcement of their new exchange rate. Later they will float the Iraqi dinar in order to increase its international value. That's where we come in IMO. [Guru] Walkingstick and I feel that this 50 cents information was leaked on purpose but now it is of no value to the true value...
7-19-2020 Newshound Guru Pimpy ...this week here is going to be very interesting. That's what I'm really watching closely. I'm expecting a couple things to happen this week. I want to see Kurdistan and Iraq hammer out this agreement. Get it signed...I want to get a thumbs up from our girl Ms Plasschaert and then we want to see Al-Kazemi get over here to meet with Trump...make that announcement [Iraq sovereignty]. That's what I'm looking forward to. That's what I'm hoping should happen this week coming up. Let's keep our fingers crossed. We'll keep an eye on it and see what happens. Hopefully we'll get some good news really really soon...
7-19-2020 Intel Guru RayRen98 Today Iraq was blacklisted by the European Union due to money laundering and corruption that still exists. This will...can become a big problem for Iraq to gain any international status being on this list. The US saying there's no time set for PM Al- Kadhimi to visit and today Al-Kadhimi is saying it is due to the virus and Trump's schedule.
7-19-2020 Intel Guru Frank26 ...even at 50 cents who's going to complain and cry about that? But the numerous recalculations did not agree with 50 cents. It agreed with being on par with the American dollar 1-to-1. One to one at the onset - at the announcement of their new exchange rate. Later they will float the Iraqi dinar in order to increase its international value. That's where we come in IMO. [Guru] Walkingstick and I feel that this 50 cents information was leaked on purpose but now it is of no value to the true value...
7-18-2020 Intel Guru Footforward I disagree with Frank [Guru Frank26]. But I have a really good reason for that and hardly anyone knows why. And I can't say why. But in my opinion it MUST be over 3.50 usd to start.
7-18-2020 Intel Guru Frank26 ...Iraq can now use their own currency to buy, sell and trade with their currency internationally - globally on all continents. What's missing? The announcement that they raised the value of their currency... right now we are so close IMO...the new rate will be announced on the date that the white papers have agreed upon.
7-18-2020 Newshound Guru Pimpy I don't know about you but every day I'm looking at the news I'm just excited. I'm waiting to hear when Al-Kazemi is coming over here. I don't know if they set an official date. I think the official date is for the 22nd, 23rd. Either way I think it's next week. Like I said it seems to me like they're lining up all their ducks. A lot is getting accomplished before Al-Kazemi comes here. Our big hope is that they go ahead and reinstate the sovereignty of Iraq. But more importantly removes the restrictions off their currency...it looks like everything is lined up the way we want it to. This is good news. I'm excited about this. It seems like we are very close to achieving our goals...hopefully with the rate that all of us would be very very happy with...
7-18-2020 Intel Guru Frank26 ...dream three I believe it will be taking place before this coming Tuesday. The contents of the meeting - Will you hear about it on Tuesday or Wednesday or Thursday? I don't know. I've got a very very good feeling that you're not even going to know this meeting is going on...I got a very very very strong feeling you're not going to know anything about Pompeo...this meeting is going to happen according to my dream and the contents just like the other meetings may come out that day...or it may trickle out. But I don't think it's going to take too long...will they make the announcement of the new exchange rate tomorrow, Saturday, Sunday, Monday? The days don't matter because you're never going to know about this meeting...until they decide to tell you.
7-18-2020 Intel Guru Footforward Something happened a few days ago that I believe is being over looked. The Iraqi PM sent in the military to take control of the ports. This was done for security and to root out corruption. I think this is very telling.
7-18-2020 Intel Guru Frank26 ...Iraq can now use their own currency to buy, sell and trade with their currency internationally - globally on all continents. What's missing? The announcement that they raised the value of their currency... right now we are so close IMO...the new rate will be announced on the date that the white papers have agreed upon.
7-18-2020 Newshound Guru Pimpy I don't know about you but every day I'm looking at the news I'm just excited. I'm waiting to hear when Al-Kazemi is coming over here. I don't know if they set an official date. I think the official date is for the 22nd, 23rd. Either way I think it's next week. Like I said it seems to me like they're lining up all their ducks. A lot is getting accomplished before Al-Kazemi comes here. Our big hope is that they go ahead and reinstate the sovereignty of Iraq. But more importantly removes the restrictions off their currency...it looks like everything is lined up the way we want it to. This is good news. I'm excited about this. It seems like we are very close to achieving our goals...hopefully with the rate that all of us would be very very happy with...
7-18-2020 Intel Guru Frank26 ...dream three I believe it will be taking place before this coming Tuesday. The contents of the meeting - Will you hear about it on Tuesday or Wednesday or Thursday? I don't know. I've got a very very good feeling that you're not even going to know this meeting is going on...I got a very very very strong feeling you're not going to know anything about Pompeo...this meeting is going to happen according to my dream and the contents just like the other meetings may come out that day...or it may trickle out. But I don't think it's going to take too long...will they make the announcement of the new exchange rate tomorrow, Saturday, Sunday, Monday? The days don't matter because you're never going to know about this meeting...until they decide to tell you.
7-18-2020 Intel Guru Footforward Something happened a few days ago that I believe is being over looked. The Iraqi PM sent in the military to take control of the ports. This was done for security and to root out corruption. I think this is very telling.
7-17-2020 Newshound Guru Pimpy Article: "Forex Trading In Iraq" ...didn't I tell you we need this to start happening. You want to get a rate change? They have to be on the foreign currency exchange... Quote: "Our guide will help you learn more about how you can begin trading Forex in Iraq." Are they just talking about other people's currency or are they talking about the dinar? Quote: "...brokers often allow you to convert your dinars into reserve currencies like the USD or the Euro to use as a base currency from a dinar based account..." ...if they are teaching them [Iraqi citizens] how to trade on the Forex it's just a matter of time before the Iraqi dinar is there. This is good news...it's not going to be much longer until we see the Iraqi dinar on the Forex. That's what we're waiting for...
7-17-2020 Newshound/Intel Guru Mnt Goat Article: "FOREX TRADING IN IRAQ" Quote: "Thanks to international forex brokers steadily expanding into Iraq, IT’S NOW POSSIBLE FOR IRAQI CITIZENS AND TRAVELERS TO GET INVOLVED IN THE FOREX MARKET." So why would they be teaching Iraq about how to trade on FOREX when their own currency is not even on FOREX? Is something coming that they have not yet told them? Or have they told them only we don’t know about it? Folks this is yet another WOW article!
7-17-2020 Newshound Guru Pimpy ...the news just keeps getting better and better...Ms Blashart is the Iraqi representative for the United Nations...Ms Blashart needs to give the thumbs up and encourage international communities to once again recognize the sovereignty of Iraq. That's what we want...We want Trump to introduce him [PM Al-Kazemi] to the world and say the same thing. That he's glad to introduce him and that it's time for the international community to once again embrace Iraq and their sovereignty. We need them to turn around and remove the restrictions on their currency so that it can finally trade on the Forex. These are the big steps that we need to achieve our goal...we're just about there.
7-17-2020 Intel Guru Footforward It's my opinion the rate won't be 50 cents. People have been asking me about this a lot today. Kuwait lied about their intention to RV. They flat out said they would never revalue and the next day they did so. Media lies. Why would the Iraqi media be any different? All I can say to that is that it's my opinion that it's impossible for the rate to start out below 3.50.
7-17-2020 Intel Guru MarkZ Have not seen any changes yet. I have a diplomat contact in Iraq who is very much expecting this weekend will be big with a possible new dinar value tomorrow - but most likely before Sunday Night. I am really hoping this is accurate...lots of good chatter for this weekend.
7-17-2020 Newshound Guru Jeff everything is moving towards completing right before your eyes. Yes, it does require some time but it is also moving towards completion. Since the current PM Al-Kazemi came into position everything that we've needed to see is now moving forward. Which is good...I can't stress this anymore. Iraq must have stability before the rate can change. They have to have stability. There's no way around it.
7-17-2020 Newshound Guru Pimpy I know you guys have been told that there are these 800#s you need to call. There's no 800#s you need to call...I actually called one of these 800#s that was posted one time and it literally was to a pizza place. I was like what the hell is this about? What are these 800#s?...I went into my bank. I bank at Wells Fargo. I called the manger over and we had a talk. The first thing that come out of his mouth was he said, "I must inform you we don't buy or sell Iraqi dinar...but if it gets reinstated and it's recognized and all the restrictions are taken off again here's all you got to do. Come into the bank. Get my attention...tell me you want to go ahead and exchange the dinar. We'll take a look at it, make sure the bills are real...then I'll tell you what the current rate of exchange is. We charge you a small fee...and you can just deposit it in your bank depending on how much it is..." These 800#s I'd be very very weary of. I'm just warning you out there. Be careful...
7-17-2020 Intel Guru MarkZ [via PDK] [Have Canadians exchanged?] No…I have spoken to banking execs in 2 large Canadian banks… they assured me that nobody in Canada has received yet…maybe a bank jumped the gun ad let out some dollars…but no one really exchanged because there is no new value and no reset as of yet.
7-17-2020 Newshound/Intel Guru Mnt Goat Article: "FOREX TRADING IN IRAQ" Quote: "Thanks to international forex brokers steadily expanding into Iraq, IT’S NOW POSSIBLE FOR IRAQI CITIZENS AND TRAVELERS TO GET INVOLVED IN THE FOREX MARKET." So why would they be teaching Iraq about how to trade on FOREX when their own currency is not even on FOREX? Is something coming that they have not yet told them? Or have they told them only we don’t know about it? Folks this is yet another WOW article!
7-17-2020 Newshound Guru Pimpy ...the news just keeps getting better and better...Ms Blashart is the Iraqi representative for the United Nations...Ms Blashart needs to give the thumbs up and encourage international communities to once again recognize the sovereignty of Iraq. That's what we want...We want Trump to introduce him [PM Al-Kazemi] to the world and say the same thing. That he's glad to introduce him and that it's time for the international community to once again embrace Iraq and their sovereignty. We need them to turn around and remove the restrictions on their currency so that it can finally trade on the Forex. These are the big steps that we need to achieve our goal...we're just about there.
7-17-2020 Intel Guru Footforward It's my opinion the rate won't be 50 cents. People have been asking me about this a lot today. Kuwait lied about their intention to RV. They flat out said they would never revalue and the next day they did so. Media lies. Why would the Iraqi media be any different? All I can say to that is that it's my opinion that it's impossible for the rate to start out below 3.50.
7-17-2020 Intel Guru MarkZ Have not seen any changes yet. I have a diplomat contact in Iraq who is very much expecting this weekend will be big with a possible new dinar value tomorrow - but most likely before Sunday Night. I am really hoping this is accurate...lots of good chatter for this weekend.
7-17-2020 Newshound Guru Jeff everything is moving towards completing right before your eyes. Yes, it does require some time but it is also moving towards completion. Since the current PM Al-Kazemi came into position everything that we've needed to see is now moving forward. Which is good...I can't stress this anymore. Iraq must have stability before the rate can change. They have to have stability. There's no way around it.
7-17-2020 Newshound Guru Pimpy I know you guys have been told that there are these 800#s you need to call. There's no 800#s you need to call...I actually called one of these 800#s that was posted one time and it literally was to a pizza place. I was like what the hell is this about? What are these 800#s?...I went into my bank. I bank at Wells Fargo. I called the manger over and we had a talk. The first thing that come out of his mouth was he said, "I must inform you we don't buy or sell Iraqi dinar...but if it gets reinstated and it's recognized and all the restrictions are taken off again here's all you got to do. Come into the bank. Get my attention...tell me you want to go ahead and exchange the dinar. We'll take a look at it, make sure the bills are real...then I'll tell you what the current rate of exchange is. We charge you a small fee...and you can just deposit it in your bank depending on how much it is..." These 800#s I'd be very very weary of. I'm just warning you out there. Be careful...
7-17-2020 Intel Guru MarkZ [via PDK] [Have Canadians exchanged?] No…I have spoken to banking execs in 2 large Canadian banks… they assured me that nobody in Canada has received yet…maybe a bank jumped the gun ad let out some dollars…but no one really exchanged because there is no new value and no reset as of yet.
7-16-2020 Newshound/Intel Guru Mnt Goat So here we are mid-July already and still no RV. However, I am seeing there are prospects and potential that maybe early to mid-August a window is opening up. There is a real possibly to see some real news of the “project do delete the zeros” again in the news media and it will come out shortly. ...Rumors are floating around that they are now discussing this revaluation process and want to start it. Parliament wants about 1 dinar to .50 cents and so they argue. Remember parliament does not make financial policy and so the CBI will determine and will make recommendations (and have the final say). I do not think it will come out with anything that low and it will be around 1.00 (plus or minus .20 cents). Yes, they will have to sell the new rate to parliament and may even ask for a vote. But this is all now surfaced and underway. ...They are now deciding what to do and when to do it. This is all fantastic news! WOW!
7-16-2020 Intel Guru RayRen98 EVERYONE IS EXCITED AND "STILL" ON ALERT...I BELIEVE...THAT "IN THE COMING DAYS" ARE DEFINITELY COMING! $$$... SOME BANKERS ARE VERY, VERY EXCITED ABOUT THE END OF "THIS" WEEK...TIME WILL TELL!!
7-16-2020 Intel Guru Bruce [via WiserNow] ...exchange of the foreign currency...will create for you in a tax free event that creates money in the form of the exchange so that is NOT taxable... [Check with your tax consultant at the appropriate time.]
7-16-2020 Intel Guru MarkZ [via PDK] No movement or exchanging overnight…On the banking side they believe that yesterday was a very close call. And we will see things start today. We are very close to seeing the end of it…We can see it unfolding right in front of our eyes.
7-16-2020 Newshound Guru Pimpy Having said that, I don't want people going, "Pimpy said this is what it's gonna be." No. I'm not saying that. This article is brought to my attention...don't stress over this. This is just a suggestion. We've seen articles like this all over...there's a part of me that thinks that might be fine that they start off there but don't be surprised if it starts going up after that. Maybe not right away. Maybe they'll keep you guys fooled for about a month. 4 months. 6 months. Just to see how many of you guys start bringing in all your dinars. Then you start to see a movement on the IQD and it starts going up. This is just a roadmap. No I'm not saying that's what's it's going to be. What I'm saying is according to this article that's about where they figure this out. Lower the value and then remove the 3 zeros off the rate and then move it into somewhere around 56 cents for every 1 dinar... [Post 3 of 3]
7-16-2020 Newshound Guru Pimpy Why are people complaining about this? You've invested very little into a currency and they're willing to give you 50 cents for every one dinar? ...this is a suggestion. They're saying this is a roadmap and they're explaining why they want to do this...You will probably never get another type of return like that on any investment ever again. People say, "Does that make you mad?" No. I would be happy with that...I would still be very well-to-do. Sure who doesn't want more. Who didn't want the $3.22 rate. I would love that. I would have been happy with the $1.13 rate or the $1.34 rate...Let me ask you guys a question...if you knew for sure you were gonna get back 56 cents for every Iraqi dinar and you knew you weren't gonna get it until next July - Are you pissed off? Are you mad? Are you unhappy with that type of return on your money? I mean seriously, are you? Because people are complaining about it... [Post 2 of 3....stay tuned]
7-16-2020 Newshound Guru Pimpy ...an article came out by an economist... making a suggestion...about the dinar rate and the deletion of zeros... Article: "A deputy presents a roadmap to solve the financial crisis in Iraq" ...He is making a roadmap to where they think they need to be in order to get them where they need to be as a country...we know for every 1 USD you get 1190 Iraqi dinars... Quote : " Exchange rate - begin to gradually reduce the Iraq dinar price to reach 1500 dinars against the dollar until the end of the year 2020..." So if they increase the amount of dinars we get for every 1 dollar, that's obviously bad for us. That means they're lowering the value of the dinar. The smaller this number gets, the better it is for us. So they're saying they wanna increase the rate to 1500 dinars against the dollar until the end of the year 2020 and then review the economical situation...this is a suggestion. It isn't written in stone...they are talking about a rate possibly (again this is just a suggestion) by next July of 56 cents. [Post 1 of 3....stay tuned]
7-16-2020 Newshound Guru MilitiaMan Article: "Private sector and building the national economy" Quote: "The call to encourage the private sector is one of the first policies required to be adopted to contribute to building the national economy, because of the need for local capital and not to rely entirely on oil imports," They clearly are telling us they are going to a market economy... They have to enforce the need for the local economy to support the endeavor of changing the value of the IQD. Nothing new, but, now that it will be fresh it is reinforcement of the plan...They need the investors to be on board and that comes with sound banking...imo!
7-16-2020 Intel Guru RayRen98 EVERYONE IS EXCITED AND "STILL" ON ALERT...I BELIEVE...THAT "IN THE COMING DAYS" ARE DEFINITELY COMING! $$$... SOME BANKERS ARE VERY, VERY EXCITED ABOUT THE END OF "THIS" WEEK...TIME WILL TELL!!
7-16-2020 Intel Guru Bruce [via WiserNow] ...exchange of the foreign currency...will create for you in a tax free event that creates money in the form of the exchange so that is NOT taxable... [Check with your tax consultant at the appropriate time.]
7-16-2020 Intel Guru MarkZ [via PDK] No movement or exchanging overnight…On the banking side they believe that yesterday was a very close call. And we will see things start today. We are very close to seeing the end of it…We can see it unfolding right in front of our eyes.
7-16-2020 Newshound Guru Pimpy Having said that, I don't want people going, "Pimpy said this is what it's gonna be." No. I'm not saying that. This article is brought to my attention...don't stress over this. This is just a suggestion. We've seen articles like this all over...there's a part of me that thinks that might be fine that they start off there but don't be surprised if it starts going up after that. Maybe not right away. Maybe they'll keep you guys fooled for about a month. 4 months. 6 months. Just to see how many of you guys start bringing in all your dinars. Then you start to see a movement on the IQD and it starts going up. This is just a roadmap. No I'm not saying that's what's it's going to be. What I'm saying is according to this article that's about where they figure this out. Lower the value and then remove the 3 zeros off the rate and then move it into somewhere around 56 cents for every 1 dinar... [Post 3 of 3]
7-16-2020 Newshound Guru Pimpy Why are people complaining about this? You've invested very little into a currency and they're willing to give you 50 cents for every one dinar? ...this is a suggestion. They're saying this is a roadmap and they're explaining why they want to do this...You will probably never get another type of return like that on any investment ever again. People say, "Does that make you mad?" No. I would be happy with that...I would still be very well-to-do. Sure who doesn't want more. Who didn't want the $3.22 rate. I would love that. I would have been happy with the $1.13 rate or the $1.34 rate...Let me ask you guys a question...if you knew for sure you were gonna get back 56 cents for every Iraqi dinar and you knew you weren't gonna get it until next July - Are you pissed off? Are you mad? Are you unhappy with that type of return on your money? I mean seriously, are you? Because people are complaining about it... [Post 2 of 3....stay tuned]
7-16-2020 Newshound Guru Pimpy ...an article came out by an economist... making a suggestion...about the dinar rate and the deletion of zeros... Article: "A deputy presents a roadmap to solve the financial crisis in Iraq" ...He is making a roadmap to where they think they need to be in order to get them where they need to be as a country...we know for every 1 USD you get 1190 Iraqi dinars... Quote : " Exchange rate - begin to gradually reduce the Iraq dinar price to reach 1500 dinars against the dollar until the end of the year 2020..." So if they increase the amount of dinars we get for every 1 dollar, that's obviously bad for us. That means they're lowering the value of the dinar. The smaller this number gets, the better it is for us. So they're saying they wanna increase the rate to 1500 dinars against the dollar until the end of the year 2020 and then review the economical situation...this is a suggestion. It isn't written in stone...they are talking about a rate possibly (again this is just a suggestion) by next July of 56 cents. [Post 1 of 3....stay tuned]
7-16-2020 Newshound Guru MilitiaMan Article: "Private sector and building the national economy" Quote: "The call to encourage the private sector is one of the first policies required to be adopted to contribute to building the national economy, because of the need for local capital and not to rely entirely on oil imports," They clearly are telling us they are going to a market economy... They have to enforce the need for the local economy to support the endeavor of changing the value of the IQD. Nothing new, but, now that it will be fresh it is reinforcement of the plan...They need the investors to be on board and that comes with sound banking...imo!
7-15-2020 Newshound Guru Adam Montana We are seeing the most positive HCL news that we have seen in... well, ever... Go HCL. Go Iraq. GO RV!!!
7-15-2020 Intel Guru Bruce [via WiserNow] ...we did have a delay...and this was caused by a particular banker that tried to get in/gain the system between the point of our new deposits going in and the time they were fully protected under the Quantum Financial System – QFS... Now – we are where we are – we know this thing has been a moving target since the beginning... we know they don’t want us to know when it’s going to go – even though I had really strong information for it rolling out today [Tuesday] – because of this delay – because of this one banker and the whole plan he had put together...we got delayed and it wasn’t going to happen today for us – tomorrow [Wednesday] is looking good so.. we’ll see how that shakes out...
7-15-2020 Intel Guru Delta 2 DINAR PER $ ...THE PLAN IS...STATEMENT FROM PARLIAMENT...MORE INFORMATION SHOULD BE COMING OUT... [...are you saying the plan is for the Dinar to come out at .50 cents? 2 Dinars equals $1.00 USD.] YES THEY ARE SAYING THAT PARLIAMENT ON TV...WE SHOULD GET MORE INFORMATION...
7-15-2020 Intel Guru MarkZ [via PDK] There has not been a change in value yet anywhere… I cannot find anyone who has received money as of yet and no money movement as of yesterday. . They are still on call …they are still sitting at the edge of their seats waiting. Guess we are still in a holding pattern. [Will we see the new dinar rate this week?] Iraq is not sovereign just yet. I do think they are definitely close though. Perhaps days…I am very confident we will see it this month.
7-15-2020 Newshound/Intel Guru Mnt Goat ...we definitely know they know about...corruption but the only way out of is to lift the sanctions and reinstate their currency so they can legally use it for trade. When will they finally do this? They can only do it when the World Bank, IMF and the US Treasury says its okay to do it. I think that past August they run out of alternatives for sure. Can they really afford to even do that long? ...I had a recent talk with my CBI contact in Iraq and I am being told they fully plan to rollout the “project to delete the zeros” very soon, but not in July. So we can expect to see articles on this subject matter within the next weeks. ...In these articles, like in previous times, they will give us a time period that will give us a closer look at when to expect a revaluation as a result.
7-15-2020 Newshound Guru Pimpy ...Every day it looks like we're closer and closer. Not only that there's a move right now by the UN to reestablish the sovereignty of Iraq. I told you they were gonna do that didn't I say this was gonna be their goal. That's what we're hoping for...
7-15-2020 Newshound Guru Jeff Article: "Al-Kadhimi: We have a plan to reform the financial and administrative system to free itself from oil slavery" Prior to June they were just coming out telling you they really needed to do things to improve their economy, attract and promote investment, that kind of thing...started in July they dialed in a little deeper on all that...They came out with the "white paper" - remember the white paper is the roadmap for the whole rate change and the whole economy structure. It's how they want their economy going forward but it also has everything in it for the rate change as well...it's very important to watch and observe what they do and what they tell us right now...
7-15-2020 Newshound/Intel Guru Petra Article: "An economist warns against Iraq facing the fate and financial crisis of Lebanon" Quote: "the price of the dinar, if it falls, the value of salaries decreases very significantly, although the number remains the same." Here we are again with another commentary on decreasing value of the dinar. That is off the table as a solution and the CBI knows it. We all know that lowering the dinar value reduces the PP [Purchasing Power ?] of all Iraqi's and that is "not" the direction they are going as evidence in the actions being taken with the "White Paper!!" ...So, relax, the plan is afoot and great things are coming. Posts like this to me are educating the citizenry why they will "not" devalue their currency as the plan is to provide even greater PP then they have ever seen! To me, this is a friendly reminder of why they are focused on a better future!!! All IMO...
7-15-2020 Intel Guru Bruce [via WiserNow] ...we did have a delay...and this was caused by a particular banker that tried to get in/gain the system between the point of our new deposits going in and the time they were fully protected under the Quantum Financial System – QFS... Now – we are where we are – we know this thing has been a moving target since the beginning... we know they don’t want us to know when it’s going to go – even though I had really strong information for it rolling out today [Tuesday] – because of this delay – because of this one banker and the whole plan he had put together...we got delayed and it wasn’t going to happen today for us – tomorrow [Wednesday] is looking good so.. we’ll see how that shakes out...
7-15-2020 Intel Guru Delta 2 DINAR PER $ ...THE PLAN IS...STATEMENT FROM PARLIAMENT...MORE INFORMATION SHOULD BE COMING OUT... [...are you saying the plan is for the Dinar to come out at .50 cents? 2 Dinars equals $1.00 USD.] YES THEY ARE SAYING THAT PARLIAMENT ON TV...WE SHOULD GET MORE INFORMATION...
7-15-2020 Intel Guru MarkZ [via PDK] There has not been a change in value yet anywhere… I cannot find anyone who has received money as of yet and no money movement as of yesterday. . They are still on call …they are still sitting at the edge of their seats waiting. Guess we are still in a holding pattern. [Will we see the new dinar rate this week?] Iraq is not sovereign just yet. I do think they are definitely close though. Perhaps days…I am very confident we will see it this month.
7-15-2020 Newshound/Intel Guru Mnt Goat ...we definitely know they know about...corruption but the only way out of is to lift the sanctions and reinstate their currency so they can legally use it for trade. When will they finally do this? They can only do it when the World Bank, IMF and the US Treasury says its okay to do it. I think that past August they run out of alternatives for sure. Can they really afford to even do that long? ...I had a recent talk with my CBI contact in Iraq and I am being told they fully plan to rollout the “project to delete the zeros” very soon, but not in July. So we can expect to see articles on this subject matter within the next weeks. ...In these articles, like in previous times, they will give us a time period that will give us a closer look at when to expect a revaluation as a result.
7-15-2020 Newshound Guru Pimpy ...Every day it looks like we're closer and closer. Not only that there's a move right now by the UN to reestablish the sovereignty of Iraq. I told you they were gonna do that didn't I say this was gonna be their goal. That's what we're hoping for...
7-15-2020 Newshound Guru Jeff Article: "Al-Kadhimi: We have a plan to reform the financial and administrative system to free itself from oil slavery" Prior to June they were just coming out telling you they really needed to do things to improve their economy, attract and promote investment, that kind of thing...started in July they dialed in a little deeper on all that...They came out with the "white paper" - remember the white paper is the roadmap for the whole rate change and the whole economy structure. It's how they want their economy going forward but it also has everything in it for the rate change as well...it's very important to watch and observe what they do and what they tell us right now...
7-15-2020 Newshound/Intel Guru Petra Article: "An economist warns against Iraq facing the fate and financial crisis of Lebanon" Quote: "the price of the dinar, if it falls, the value of salaries decreases very significantly, although the number remains the same." Here we are again with another commentary on decreasing value of the dinar. That is off the table as a solution and the CBI knows it. We all know that lowering the dinar value reduces the PP [Purchasing Power ?] of all Iraqi's and that is "not" the direction they are going as evidence in the actions being taken with the "White Paper!!" ...So, relax, the plan is afoot and great things are coming. Posts like this to me are educating the citizenry why they will "not" devalue their currency as the plan is to provide even greater PP then they have ever seen! To me, this is a friendly reminder of why they are focused on a better future!!! All IMO...
7-14-2020 Intel Guru MarkZ [via PDK] Leaders of Iraq Vietnam and Zimbabwe are here in America to talk to Trump. As I understand it Iraq arrived in DC yesterday with some high-level meetings starting today. Would it make sense for some announcements of a change in the Iraqi currency since they are here? They will not only be in DC but also in New York…which is home to the UN. I am looking for this to be an absolutely huge week of news and movement.
7-14-2020 Intel Guru Frank26 Article: "He revealed the files of Al Kazemi's upcoming visit to Washington". Why in the world is the Prime Minister of Iraq going to Washington DC? To play tiddlywinks? Just a friendly little chat and visit? ...the relationship between the United States and Iraq has become very strategic. A dialogue has been established. Why? Because they met the benchmarks.
7-14-2020 Newshound/Intel Guru Petra ...there is a lot happening behind the scenes that we can't comment on. I know there are things I know that I can't comment on that are occurring from a global perspective because of what I do. I want to encourage you that this train is coming in. It has too. There are too many things that are going on extraneously outside of just the Iraqi dinar that is making this happen. The fact that you are in this now is a gift from God. I would implore you to ask him for guidance and direction as to what you do with this money. Be discerning. There are a lot of wolves out there. I would hate you guys to study and listen and lose it because you didn't think through it...we're seeing the fine print begin tapped out because this contract is ready to be done...the progress being made is phenomenal. It's exciting. Yes there are hiccups...but they're getting there. They're getting it done...there isn't much left to do...we're at a point now where they have to make their move and it's going to be soon...
7-14-2020 Intel Guru MarkZ [via PDK] The first appointment that I know of where people could receive dollars is supposed to be today…so could it happen today? Possibly, but no one knows for sure. There is very positive things from Iraq with the expectation of a new rate Wednesday or Saturday. Chatter out of Zurich, Hong Kong and Dubai…also Miami and Richmond which have been suddenly tapped to help handle exchange stuff. They are all talking about appointments with liquidity and moving forward. Nobody knows the date…but everybody thinks it’s close...I am excited about the news that they are positioned for exchanges...
7-14-2020 Intel Guru Frank26 Article "The Central Bank Participates In the Bani Platform". This is extremely important for you to pay close attention to. This is also dealing with the IBBC...they're saying that the Central Bank is participating now in different platforms...If you look up that word platform when it comes to banking it stands for international communication between banks...why in the world would a program rate that is sanctioned on the United Nations Security Council need platforms with banks from Iraq to have a platform communication with banks outside of Iraq? It's a program rate for crying out loud. They're not Article VIII for crying out loud. They're not international but when you see these types of footsteps...follow these tracks follow the money you'll understand what's going on...This is the evidence of things not seen yet.
7-14-2020 Newshound/Intel Guru Petra ...I've been consuming a lot of popcorn. It's because there's so much going on it's kind of like a movie...I'm really focusing on the CBI. I'm looking at what Parliament is doing...I'm looking at many areas of not only Iraq but globally what's happening macro economically with the price of oil with this pandemic that we're dealing with. The impact that's having on everywhere is really quite amazing. What's a particular interest to me this week has been the activities of all these outside sources that are getting engaged with Iraq...we're in a place right now that's very quite quite exciting IMO. It's exciting to watch. It truly is a play in progress. We're getting to that final end game...
7-14-2020 Newshound Guru Pimpy I want to make something perfectly clear because people are conflating something I'm saying. When I say recognize the sovereignty, that's a major step towards them getting the reinstatement or revaluing of their currency. Their currency must be recognized internationally again and that won't happen until they get their sovereignty again and the restriction on their currencies are removed. Somebody's telling me 'There is no restrictions.' Yeah there is. There's big restriction on the currency. That's what we're anticipating. An announcement by Trump that he will recognize and encourage the world to recognize the sovereignty. It would be a huge step and then we want an announcement about the same time or shortly after that the restriction on Iraq's dinar have been removed and we can start seeing it trade once again on the Forex. That's what we want to see...I'm expecting these next two weeks to be really big...
7-14-2020 Intel Guru Frank26 Article: "He revealed the files of Al Kazemi's upcoming visit to Washington". Why in the world is the Prime Minister of Iraq going to Washington DC? To play tiddlywinks? Just a friendly little chat and visit? ...the relationship between the United States and Iraq has become very strategic. A dialogue has been established. Why? Because they met the benchmarks.
7-14-2020 Newshound/Intel Guru Petra ...there is a lot happening behind the scenes that we can't comment on. I know there are things I know that I can't comment on that are occurring from a global perspective because of what I do. I want to encourage you that this train is coming in. It has too. There are too many things that are going on extraneously outside of just the Iraqi dinar that is making this happen. The fact that you are in this now is a gift from God. I would implore you to ask him for guidance and direction as to what you do with this money. Be discerning. There are a lot of wolves out there. I would hate you guys to study and listen and lose it because you didn't think through it...we're seeing the fine print begin tapped out because this contract is ready to be done...the progress being made is phenomenal. It's exciting. Yes there are hiccups...but they're getting there. They're getting it done...there isn't much left to do...we're at a point now where they have to make their move and it's going to be soon...
7-14-2020 Intel Guru MarkZ [via PDK] The first appointment that I know of where people could receive dollars is supposed to be today…so could it happen today? Possibly, but no one knows for sure. There is very positive things from Iraq with the expectation of a new rate Wednesday or Saturday. Chatter out of Zurich, Hong Kong and Dubai…also Miami and Richmond which have been suddenly tapped to help handle exchange stuff. They are all talking about appointments with liquidity and moving forward. Nobody knows the date…but everybody thinks it’s close...I am excited about the news that they are positioned for exchanges...
7-14-2020 Intel Guru Frank26 Article "The Central Bank Participates In the Bani Platform". This is extremely important for you to pay close attention to. This is also dealing with the IBBC...they're saying that the Central Bank is participating now in different platforms...If you look up that word platform when it comes to banking it stands for international communication between banks...why in the world would a program rate that is sanctioned on the United Nations Security Council need platforms with banks from Iraq to have a platform communication with banks outside of Iraq? It's a program rate for crying out loud. They're not Article VIII for crying out loud. They're not international but when you see these types of footsteps...follow these tracks follow the money you'll understand what's going on...This is the evidence of things not seen yet.
7-14-2020 Newshound/Intel Guru Petra ...I've been consuming a lot of popcorn. It's because there's so much going on it's kind of like a movie...I'm really focusing on the CBI. I'm looking at what Parliament is doing...I'm looking at many areas of not only Iraq but globally what's happening macro economically with the price of oil with this pandemic that we're dealing with. The impact that's having on everywhere is really quite amazing. What's a particular interest to me this week has been the activities of all these outside sources that are getting engaged with Iraq...we're in a place right now that's very quite quite exciting IMO. It's exciting to watch. It truly is a play in progress. We're getting to that final end game...
7-14-2020 Newshound Guru Pimpy I want to make something perfectly clear because people are conflating something I'm saying. When I say recognize the sovereignty, that's a major step towards them getting the reinstatement or revaluing of their currency. Their currency must be recognized internationally again and that won't happen until they get their sovereignty again and the restriction on their currencies are removed. Somebody's telling me 'There is no restrictions.' Yeah there is. There's big restriction on the currency. That's what we're anticipating. An announcement by Trump that he will recognize and encourage the world to recognize the sovereignty. It would be a huge step and then we want an announcement about the same time or shortly after that the restriction on Iraq's dinar have been removed and we can start seeing it trade once again on the Forex. That's what we want to see...I'm expecting these next two weeks to be really big...
7-13-2020 Newshound Guru Adam Montana When the Iraqi Dinar is ReValued to a higher rate, it will become more desirable to do business in Iraq. Many people will be less hesitant to sign contracts and invest in Iraq. The current Iraqi Stock Exchange (ISX) should see some major movement… and the CBI (Central Bank of Iraq) is going to make tons of money on the exchanges! I believe that Iraq can sustain a very stable currency at a rate of $3 or higher, but I don’t think they will immediately jump to that rate even if they ultimately desire it to be so... [post 2 of 2]
7-13-2020 Newshound Guru Adam Montana ...The most important concept to understand today is this: The CBI makes money on every auction, and they will continue to do so forever. When the Dinar changes value, the CBI buys it at a lower rate, and then sells it at a higher rate. The CBI will ALWAYS choose the path that makes them the most money. I agree that a lower rate than Kuwait will be a blow to the ego’s of the Iraqis. I agree that it should be on par with the USD, or even higher. I agree that the rate WILL get there… eventually. [post 1 of 2....stay tuned]
7-13-2020 Newshound Guru Pimpy I would love to see Dr. Shabibi come back. It's been a rumor. He's really really super old and I think people that were giving him a lot of hell are no longer really there so it's a possibility. I'm definitely curious about what if he does come back. It'd be a huge positive step. I think this man knows what the heck he's doing and I would like to see him get back in control of the Iraqi bank...
7-13-2020 Newshound Guru Jeff ...the last few months I've been putting a huge emphasis on saying Iraq has to have stability before the rate can change. They're telling you that. If you look at the amount of articles coming out between Erbil which is Kurdistan and Baghdad there's a lot...this is very serious...Iraq has to have stability, meaning they have to be able to work together before that rate can change, before they can go international...they just need a little more time. They're using the word "complete" which means ending or completion, towards a comprehensive agreement. So they're suggesting to us that they're close to having an agreement reached...
7-13-2020 Newshound Guru Pimpy ...the articles that I'm seeing are showing me that there's a lot of preparation getting done before Al-Kazemi's visit over here into the United States...we see the World Bank is there...they're most likely going to be the people that pull the trigger on a rate change...but we need to get the green light from...the United Nation once again recognizing the sovereignty of Iraqi people and the restrictions moved off their money. We will be eyeballing that. But first we have to get their sovereignty reinstated. That's what we're waiting for...
7-13-2020 Newshound Guru Adam Montana I agree with a few of the speculations above. [reference posts 1 and 2 7-13-2020] But my opinion of the rate goes a little deeper… it includes a “business sense analysis” that everyone might consider. Iraq is a business – and the business is natural reserves. Iraq holds a majority of the worlds natural gas and also black gold, also known as “oil”. When...the HCL has been settled, they will begin operating their business using the same principals any other successful company uses – the goals being profit, sustainability, and success! [post 3 of 3]
7-13-2020 Newshound Guru Adam Montana
Based on “equal to the USD”: We see articles all the time that reference the US Dollar, stating that the CBI wants the IQD to be equal to the USD. An easy assumption is to simply RV at 1:1, making a 10,000IQD note worth $10,000.
Based on “they can’t RV low or investors will buy too much!”: Some people state they will not cash in for anything less than $1. They state that Iraq would be foolish to RV at a low rate, because then big money will come in and buy up a ton of Dinar before it can go higher. (This theory is wrong, FYI.) [post 2 of 3....stay tuned]
7-13-2020 Newshound Guru Adam Montana Speculated rates and theories:
Based on Kuwaiti Dinar: It’s been said that the rate must equal their neighboring Kuwaiti Dinar rate, which would put the Dinar at $3+. Many people speculate that the Iraqi’s are a prideful people, and it would be a slap in the face to have a revalued currency be less than Kuwaits.
Based on "dropping the 0′s": It’s mentioned many times in the news that the 0′s could be dropped, which would mean one of two things: 1. The 0′s are dropped from the bills, which essentially puts most investors at a break even return. Nothing gained, nothing lost. 2. The 0′s are dropped from the exchange rate, which is currently .00086 (Dinars are worth about 1170 IQD per 1USD, or an exchange of .00086). This means your dinars are worth .86 USD per Dinar – in other words, a 10,000 IQD note is exchanged for $8,600 minus spread and bank fees. [post 1 of 3....stay tuned]
7-13-2020 Newshound Guru Adam Montana ...The most important concept to understand today is this: The CBI makes money on every auction, and they will continue to do so forever. When the Dinar changes value, the CBI buys it at a lower rate, and then sells it at a higher rate. The CBI will ALWAYS choose the path that makes them the most money. I agree that a lower rate than Kuwait will be a blow to the ego’s of the Iraqis. I agree that it should be on par with the USD, or even higher. I agree that the rate WILL get there… eventually. [post 1 of 2....stay tuned]
7-13-2020 Newshound Guru Pimpy I would love to see Dr. Shabibi come back. It's been a rumor. He's really really super old and I think people that were giving him a lot of hell are no longer really there so it's a possibility. I'm definitely curious about what if he does come back. It'd be a huge positive step. I think this man knows what the heck he's doing and I would like to see him get back in control of the Iraqi bank...
7-13-2020 Newshound Guru Jeff ...the last few months I've been putting a huge emphasis on saying Iraq has to have stability before the rate can change. They're telling you that. If you look at the amount of articles coming out between Erbil which is Kurdistan and Baghdad there's a lot...this is very serious...Iraq has to have stability, meaning they have to be able to work together before that rate can change, before they can go international...they just need a little more time. They're using the word "complete" which means ending or completion, towards a comprehensive agreement. So they're suggesting to us that they're close to having an agreement reached...
7-13-2020 Newshound Guru Pimpy ...the articles that I'm seeing are showing me that there's a lot of preparation getting done before Al-Kazemi's visit over here into the United States...we see the World Bank is there...they're most likely going to be the people that pull the trigger on a rate change...but we need to get the green light from...the United Nation once again recognizing the sovereignty of Iraqi people and the restrictions moved off their money. We will be eyeballing that. But first we have to get their sovereignty reinstated. That's what we're waiting for...
7-13-2020 Newshound Guru Adam Montana I agree with a few of the speculations above. [reference posts 1 and 2 7-13-2020] But my opinion of the rate goes a little deeper… it includes a “business sense analysis” that everyone might consider. Iraq is a business – and the business is natural reserves. Iraq holds a majority of the worlds natural gas and also black gold, also known as “oil”. When...the HCL has been settled, they will begin operating their business using the same principals any other successful company uses – the goals being profit, sustainability, and success! [post 3 of 3]
7-13-2020 Newshound Guru Adam Montana
Based on “equal to the USD”: We see articles all the time that reference the US Dollar, stating that the CBI wants the IQD to be equal to the USD. An easy assumption is to simply RV at 1:1, making a 10,000IQD note worth $10,000.
Based on “they can’t RV low or investors will buy too much!”: Some people state they will not cash in for anything less than $1. They state that Iraq would be foolish to RV at a low rate, because then big money will come in and buy up a ton of Dinar before it can go higher. (This theory is wrong, FYI.) [post 2 of 3....stay tuned]
7-13-2020 Newshound Guru Adam Montana Speculated rates and theories:
Based on Kuwaiti Dinar: It’s been said that the rate must equal their neighboring Kuwaiti Dinar rate, which would put the Dinar at $3+. Many people speculate that the Iraqi’s are a prideful people, and it would be a slap in the face to have a revalued currency be less than Kuwaits.
Based on "dropping the 0′s": It’s mentioned many times in the news that the 0′s could be dropped, which would mean one of two things: 1. The 0′s are dropped from the bills, which essentially puts most investors at a break even return. Nothing gained, nothing lost. 2. The 0′s are dropped from the exchange rate, which is currently .00086 (Dinars are worth about 1170 IQD per 1USD, or an exchange of .00086). This means your dinars are worth .86 USD per Dinar – in other words, a 10,000 IQD note is exchanged for $8,600 minus spread and bank fees. [post 1 of 3....stay tuned]
7-12-2020 Newshound Guru Adam Montana The rate - let's address that, because it's important...One of the most frustrating things about this adventure is the math... The value WILL go up. The question is, and always has been... How much, and when?... Unfortunately, there is no way to know for sure. That's why this is called "speculation" instead of "guaranteed", just like "fishing" isn't called "catching". (We all know how many fish you catch if you never throw a line out!) ...What we CAN do is make reasonable guesses. We can form informed opinions. ...I think the Iraqi Dinar should have a higher value, and I think we are simply waiting on the HCL...to be finalized… then it will be “GO” time! ...HCL is next. The RV will be shortly after that, or it will happen simultaneously. Either way... we are closing in on the final day. ... Go HCL, Go Iraq, GO RRRRRVVVVVV!!!
7-12-2020 Intel Guru RayRen98 ...Major security operations will be launched today [Saturday] to secure the borders and stop the theft and corruption being controlled by Iran at the Mandali outlet. The port will be under the protection of Iraqi military forces...according to PM Al-Kadhimi during his visit there... Al-Kadhimi on Iraqi TV saying the upcoming meeting with USA will help lead Iraq to international acceptance and all things there will be brought back to Parliament for agreement and a vote...The citizens are calling for a total dissolve of Parliament saying it costs a billion dollars a year on salaries that have not lead to help to the citizens on the streets. They are calling for early elections saying the deep state of Iranian-backed members in the Parliament already disagree with the meeting in Washington and will not agree to vote on anything, so to move forward Iraq has to dismantle the Parliament and do early election.
7-12-2020 Newshound Guru Adam Montana ...The main holdup has been political. When Saddam was removed, the entire government basically collapsed, and the world lost faith in Iraq's ability to do... anything...The current situation is entirely different than the situation that dropped the value of the Dinar. In fact, the current situation is entirely different than that of Iraq even 5 years ago! We currently have a Prime Minister in place who is finally doing all the right things. I have affectionately named him "Kazzamie" because the progress he's made seems like a magic trick at times! ...The next crucial step to this journey, and this is a fundamental part of it, is the HCL. "HCL", or "Hydro Carbon Law", is the agreement necessary to furthering Iraq's regaining of wealth. Without the HCL in place, there is no financial agreement within Iraq, and it is more beneficial to the politicians to keep the rate low. Once the HCL is in place, it will be more beneficial to have a higher rate... and we are seeing a LOT of promising news on HCL right now... [post 2 of 2]
7-12-2020 Newshound Guru Adam Montana There are so many things that I want to go over right now I barely know where to start! ...There are changes coming in the tax codes (for multiple countries), there are political situations that are extremely relevant and telling, and so much more is happening all at once right now! ...The "basics" are simple, and that's all anyone really needs to be able to sit back and wait. Iraq previously held one of the highest valued currencies in the world, and one day they will again. Although their country was knocked into the stone ages through a series of events that are now somewhat ancient history, Iraq still holds a majority of the black gold available on this planet. While the world runs on this stuff, and it will continue to do so, Iraq continues to hold an immensely powerful position. They suffered some extreme setbacks, but they did not lose their oil. This is a no-brainer to me - the value of Iraq's currency will rise again. [post 1 of 2....stay tuned]
7-12-2020 Newshound Guru Kaperoni ... securing the ports reduces corruption and gets rid of the Iranian influence currently using the border to smuggle dollars to Iran. Has nothing to do with an RV.
7-12-2020 Intel Guru RayRen98 ...Major security operations will be launched today [Saturday] to secure the borders and stop the theft and corruption being controlled by Iran at the Mandali outlet. The port will be under the protection of Iraqi military forces...according to PM Al-Kadhimi during his visit there... Al-Kadhimi on Iraqi TV saying the upcoming meeting with USA will help lead Iraq to international acceptance and all things there will be brought back to Parliament for agreement and a vote...The citizens are calling for a total dissolve of Parliament saying it costs a billion dollars a year on salaries that have not lead to help to the citizens on the streets. They are calling for early elections saying the deep state of Iranian-backed members in the Parliament already disagree with the meeting in Washington and will not agree to vote on anything, so to move forward Iraq has to dismantle the Parliament and do early election.
7-12-2020 Newshound Guru Adam Montana ...The main holdup has been political. When Saddam was removed, the entire government basically collapsed, and the world lost faith in Iraq's ability to do... anything...The current situation is entirely different than the situation that dropped the value of the Dinar. In fact, the current situation is entirely different than that of Iraq even 5 years ago! We currently have a Prime Minister in place who is finally doing all the right things. I have affectionately named him "Kazzamie" because the progress he's made seems like a magic trick at times! ...The next crucial step to this journey, and this is a fundamental part of it, is the HCL. "HCL", or "Hydro Carbon Law", is the agreement necessary to furthering Iraq's regaining of wealth. Without the HCL in place, there is no financial agreement within Iraq, and it is more beneficial to the politicians to keep the rate low. Once the HCL is in place, it will be more beneficial to have a higher rate... and we are seeing a LOT of promising news on HCL right now... [post 2 of 2]
7-12-2020 Newshound Guru Adam Montana There are so many things that I want to go over right now I barely know where to start! ...There are changes coming in the tax codes (for multiple countries), there are political situations that are extremely relevant and telling, and so much more is happening all at once right now! ...The "basics" are simple, and that's all anyone really needs to be able to sit back and wait. Iraq previously held one of the highest valued currencies in the world, and one day they will again. Although their country was knocked into the stone ages through a series of events that are now somewhat ancient history, Iraq still holds a majority of the black gold available on this planet. While the world runs on this stuff, and it will continue to do so, Iraq continues to hold an immensely powerful position. They suffered some extreme setbacks, but they did not lose their oil. This is a no-brainer to me - the value of Iraq's currency will rise again. [post 1 of 2....stay tuned]
7-12-2020 Newshound Guru Kaperoni ... securing the ports reduces corruption and gets rid of the Iranian influence currently using the border to smuggle dollars to Iran. Has nothing to do with an RV.
7-11-2020 Intel Guru Delta Article: "Al-Kazemi: The time to waste money has gone nowhere and today is launching a new phase" Quote: "...we will proceed to restore the prestige of the state and the law, and it is an opportunity to start for the future." LIKE I SAID FAMILY...THEY STARTED PORT CONTROL ...MORE GOOD THINGS ARE COMING ...
7-11-2020 Newshound Guru Adam Montana Shabs is a smart guy. He's said many times that the IQD could increase, but a $16 price tag is just silly. I'm still (mostly) on the ten cent train. I can see a flat dollar. I'll agree that even the RI rate of $3.26 is possible. But $16... I just can't see Shabs saying that. [reference Guru Bruce post 7-11-2020]
7-11-2020 Intel Guru Frank26 Question: "I present my currency at exchange, am I going to get current US dollars or the new U.S. currency?" The new U.S. currency isn't out yet so I guess you're not going to them them, right. Second of all, you're not gonna get any currency unless you really specially ask for it. They might give you up to about $5,000 dollars in cash but the rest of it'll all be electronic. That's how this major exchange is going to happen. Mainly electronic. There isn't that amount of physical cash to satisfy everybody. It's all going to be electronic mainly...
7-11-2020 Newshound Guru Pimpy ...so far it's been a consistent stream of very good news...unlike, remember this time last year we were all pumped up and then all of a sudden towards August...everything just blew up in our faces. We are closely excitedly watching what's going on in Iraq...there are a couple things I'm looking to happen before our boy Al-Kazemi makes his way over yonder here to hang out with Trump. One of them is the agreement between the Kurdistan region and Baghdad...It feels like they're very very close. That's what I'm hoping for because it plays a big part in what I think is going to happen...It's really important...my vision is to see Trump come out and then introduce Al-Kazemi to the world while at the same time encouraging the international community to once again recognize the sovereignty of Iraq while removing the restrictions off their currency...let's put out some good mojo to make this happen...
7-11-2020 Intel Guru Bruce [via WiserNow] ...in DC in 2012 and Dr Shabibi was asked question...what could the Iraqi Dinar support...What would the dinar be worth in US dollars after the revaluation - Dr Shabibi answered his question something to the effect – the Dinar will be able to support a rate of at least $16.00...I remember the question – and I remember Dr Shabibi answering that and I thought WOW – because when we first started we thought man – if this could get to $2 or $3 or back to what the Dinar was worth before it was questioned value which I think was $3.96 something – I thought man that’s going to be awesome - This was 15 years ago – when we looked into it all - almost 16 yrs now...So I was telling you this to let you know that maybe what Dr Shabibi spoke was prophetic...
7-11-2020 Intel Guru Frank26 We were the first to bring you IOO...where the CBI has made it clear that we have representation around the world. You could call them satellite banks but I don't like that. They're private banks of the CBI...they were first established in the United States...you may be able to go into one of those CBI banks that represent the CBI in the Untied States and exchange them there. You may not want to exchange them into your currency of choice. You may just want to deposit them as Iraqi Dinars. Why? Maybe you're not satisfied with the exchange rate that came out...maybe you're waiting for it to be at a higher rate internationally and you want to just store them in there. As soon as the value goes up these banks will go up and the reason why is because the CBI has to retrieve their 3 zeros. They've gotten about 70% of them back but the Fab 4 want this to continue...
7-11-2020 Newshound Guru Adam Montana Shabs is a smart guy. He's said many times that the IQD could increase, but a $16 price tag is just silly. I'm still (mostly) on the ten cent train. I can see a flat dollar. I'll agree that even the RI rate of $3.26 is possible. But $16... I just can't see Shabs saying that. [reference Guru Bruce post 7-11-2020]
7-11-2020 Intel Guru Frank26 Question: "I present my currency at exchange, am I going to get current US dollars or the new U.S. currency?" The new U.S. currency isn't out yet so I guess you're not going to them them, right. Second of all, you're not gonna get any currency unless you really specially ask for it. They might give you up to about $5,000 dollars in cash but the rest of it'll all be electronic. That's how this major exchange is going to happen. Mainly electronic. There isn't that amount of physical cash to satisfy everybody. It's all going to be electronic mainly...
7-11-2020 Newshound Guru Pimpy ...so far it's been a consistent stream of very good news...unlike, remember this time last year we were all pumped up and then all of a sudden towards August...everything just blew up in our faces. We are closely excitedly watching what's going on in Iraq...there are a couple things I'm looking to happen before our boy Al-Kazemi makes his way over yonder here to hang out with Trump. One of them is the agreement between the Kurdistan region and Baghdad...It feels like they're very very close. That's what I'm hoping for because it plays a big part in what I think is going to happen...It's really important...my vision is to see Trump come out and then introduce Al-Kazemi to the world while at the same time encouraging the international community to once again recognize the sovereignty of Iraq while removing the restrictions off their currency...let's put out some good mojo to make this happen...
7-11-2020 Intel Guru Bruce [via WiserNow] ...in DC in 2012 and Dr Shabibi was asked question...what could the Iraqi Dinar support...What would the dinar be worth in US dollars after the revaluation - Dr Shabibi answered his question something to the effect – the Dinar will be able to support a rate of at least $16.00...I remember the question – and I remember Dr Shabibi answering that and I thought WOW – because when we first started we thought man – if this could get to $2 or $3 or back to what the Dinar was worth before it was questioned value which I think was $3.96 something – I thought man that’s going to be awesome - This was 15 years ago – when we looked into it all - almost 16 yrs now...So I was telling you this to let you know that maybe what Dr Shabibi spoke was prophetic...
7-11-2020 Intel Guru Frank26 We were the first to bring you IOO...where the CBI has made it clear that we have representation around the world. You could call them satellite banks but I don't like that. They're private banks of the CBI...they were first established in the United States...you may be able to go into one of those CBI banks that represent the CBI in the Untied States and exchange them there. You may not want to exchange them into your currency of choice. You may just want to deposit them as Iraqi Dinars. Why? Maybe you're not satisfied with the exchange rate that came out...maybe you're waiting for it to be at a higher rate internationally and you want to just store them in there. As soon as the value goes up these banks will go up and the reason why is because the CBI has to retrieve their 3 zeros. They've gotten about 70% of them back but the Fab 4 want this to continue...
7-10-2020 Newshound Guru MilitiaMan They don’t seem to have time to wait from what we/I see. ...The recent sounds out of the global entities is about reforms. Fixing global fiscal issues. There are comprehensive mediations going on In Iraq along with the declaration again from the likes of the IMF to fix international fiscal issues too...I’ll be looking for the que, as the timing has already begun. Imo...
7-10-2020 Intel Guru Bruce ...we know that the situation with Iraq is going to be manifest with Iraq sending a delegation of 5 - 6 people to the US to meet with President Trump and to make an announcement - coming in either on Sunday or Monday and they’re going to either announce that they are a sovereign nation along with President Trump and I don’t know who else will be there but it might very well be...our old friend Sinan Al Shabibi...We are very very close – we know the rest of the world has started and we are taking up the rear – and finishing up with our best information from very high sources – we are looking at the announcement with President Trump and Alak “maybe” Dr Shabibi...I am very very excited about where we are right now...realize that it’s coming to us... [post 2 of 2]
7-10-2020 Intel Guru Bruce [via WiserNow] ...we had confirmation that exchanges were being done...in Canada – as well as a number of other countries around the globe – and it may very well be that we are the last country to come into the exchange and redemption process...we know for example what the rates were that people exchanged for in Canada – and I know of exchanges that took place since last Friday...we talked about the Far East having started exchanges as early as the 1st of July – What it amounts to is it’s not that we’re not getting it done – this is a plan where we have the position of going last...why is that? Some of it is based on security concerns – and the other is that the rates that are neighbors to the north are picking up on...the dinar and dong are not going to be the same values that we are going to get – down here in the lower 48 – also include Alaska and Hawaii...they should be higher... [post 1 of 2....stay tuned]
7-10-2020 Newshound/Intel Guru Mnt Goat Article: "A SERIOUS" NOTE FROM SPECIALISTS AND INTERESTED IN THE MONEY MARKET HAS IRAQ RESORTED TO PRINTING THE CURRENCY" ...all this article is telling us is that they collected the old money already in circulation each year and distribute new, fresh notes as replacement currency. They normally do this each year at year-end but this year the CBI did it mid-year in July. This hyping up of this event is FAKE news to get investors to stay away from the dinar, as Iran wants and needs to keep the dinar low and not revalue higher. It is still important for us to look at why the CBI did this mid-year and not at year-end?...
7-10-2020 Intel Guru MarkZ [via PDK] As for the banking side as far as currency redemptions go- they are being exceptionally quiet right now. They are not leaking a thing... Spoke with a contact at a redemption center and they are on call this weekend. This is the first weekend in a while that they were told to be on call and prepared… Hopefully it means something...I know we are very close…whether it’s this weekend or not…fingers crossed.
7-10-2020 Intel Guru Frank26 When the value goes up may I suggest you walk don't run. In the same way that I suggest don't pick up the phone and tell the world "guess what?" Shhh...Don't feel that if it went up in the next hour - don't feel 'oh, gosh I've got to get to a bank right away. Oh, I'll get to a bank tomorrow morning!' Think twice about that. It's up to you...IMO the Central bank of Iraq is not going to retrieve the 3 zeros right away...I don't see where they're going to say 'okay we just raised the value of our currency and the 3 zero notes we're gonna cancel them out. You're out of luck sucker!' ...I don't know how long they're going to give you though. They say they coexist with the new small category notes for about ten year but that's in country. How long will they be good outside of the country of Iraq? I don't know...I don't believe that we have the issue to run right away when the value goes up...watch, look, listen, learn from others. Learn from their mistakes...
7-10-2020 Newshound Guru MilitiaMan Article: "A Kurdish deputy reveals the fact that Baghdad refused to receive the Kurdistan delegation and the reason for his late visit" Quote: "The Kurdish delegation will visit Baghdad next week, and it is awaiting the easing of the conditions that Baghdad requested from the region with regard to oil delivery, and revenues of 50% of the border outlets...There is hope regarding negotiations between the territorial and federal governments, after entering international mediation, that a comprehensive agreement will be reached between the two parties." I can just imagine the room they are in and how many international entities are working to help the mediation process through to the finish. We all know this is about money and salaries, however, it is even more than that. It is about the 2019 FMLA too..imo The trigger for money/foreign currency reserves to get a leg up... When there is an RI, you can bet your bottom Dinar that there is going to be some serious money movement and not just in Iraq...
7-10-2020 Newshound Guru Pimpy ...the fact that the International Financial Action Group has already removed Iraq off their list of money laundering people...this is really big big news. Because this means the international community is starting to realize that Iraq is doing something about the levels of corruption in this country. Again, there's a meeting coming up with Trump real soon...at this pace we may see the Iraq dinar be recognized on the international scene really super soon here. Having said that does that mean there's going to be a change in rate? I don't know. But I know the first biggest step is to have the sovereignty of Iraq recognized internationally. That means restrictions get removed off their currency. What does that mean Pimpy? Well that means if you have a bank that deals with foreign currency you should be able to go in and purchase it or exchange it...if they remove these types of restrictions that's what we want...The next move after that would be the reinstatement of a rate...
7-10-2020 Intel Guru Bruce ...we know that the situation with Iraq is going to be manifest with Iraq sending a delegation of 5 - 6 people to the US to meet with President Trump and to make an announcement - coming in either on Sunday or Monday and they’re going to either announce that they are a sovereign nation along with President Trump and I don’t know who else will be there but it might very well be...our old friend Sinan Al Shabibi...We are very very close – we know the rest of the world has started and we are taking up the rear – and finishing up with our best information from very high sources – we are looking at the announcement with President Trump and Alak “maybe” Dr Shabibi...I am very very excited about where we are right now...realize that it’s coming to us... [post 2 of 2]
7-10-2020 Intel Guru Bruce [via WiserNow] ...we had confirmation that exchanges were being done...in Canada – as well as a number of other countries around the globe – and it may very well be that we are the last country to come into the exchange and redemption process...we know for example what the rates were that people exchanged for in Canada – and I know of exchanges that took place since last Friday...we talked about the Far East having started exchanges as early as the 1st of July – What it amounts to is it’s not that we’re not getting it done – this is a plan where we have the position of going last...why is that? Some of it is based on security concerns – and the other is that the rates that are neighbors to the north are picking up on...the dinar and dong are not going to be the same values that we are going to get – down here in the lower 48 – also include Alaska and Hawaii...they should be higher... [post 1 of 2....stay tuned]
7-10-2020 Newshound/Intel Guru Mnt Goat Article: "A SERIOUS" NOTE FROM SPECIALISTS AND INTERESTED IN THE MONEY MARKET HAS IRAQ RESORTED TO PRINTING THE CURRENCY" ...all this article is telling us is that they collected the old money already in circulation each year and distribute new, fresh notes as replacement currency. They normally do this each year at year-end but this year the CBI did it mid-year in July. This hyping up of this event is FAKE news to get investors to stay away from the dinar, as Iran wants and needs to keep the dinar low and not revalue higher. It is still important for us to look at why the CBI did this mid-year and not at year-end?...
7-10-2020 Intel Guru MarkZ [via PDK] As for the banking side as far as currency redemptions go- they are being exceptionally quiet right now. They are not leaking a thing... Spoke with a contact at a redemption center and they are on call this weekend. This is the first weekend in a while that they were told to be on call and prepared… Hopefully it means something...I know we are very close…whether it’s this weekend or not…fingers crossed.
7-10-2020 Intel Guru Frank26 When the value goes up may I suggest you walk don't run. In the same way that I suggest don't pick up the phone and tell the world "guess what?" Shhh...Don't feel that if it went up in the next hour - don't feel 'oh, gosh I've got to get to a bank right away. Oh, I'll get to a bank tomorrow morning!' Think twice about that. It's up to you...IMO the Central bank of Iraq is not going to retrieve the 3 zeros right away...I don't see where they're going to say 'okay we just raised the value of our currency and the 3 zero notes we're gonna cancel them out. You're out of luck sucker!' ...I don't know how long they're going to give you though. They say they coexist with the new small category notes for about ten year but that's in country. How long will they be good outside of the country of Iraq? I don't know...I don't believe that we have the issue to run right away when the value goes up...watch, look, listen, learn from others. Learn from their mistakes...
7-10-2020 Newshound Guru MilitiaMan Article: "A Kurdish deputy reveals the fact that Baghdad refused to receive the Kurdistan delegation and the reason for his late visit" Quote: "The Kurdish delegation will visit Baghdad next week, and it is awaiting the easing of the conditions that Baghdad requested from the region with regard to oil delivery, and revenues of 50% of the border outlets...There is hope regarding negotiations between the territorial and federal governments, after entering international mediation, that a comprehensive agreement will be reached between the two parties." I can just imagine the room they are in and how many international entities are working to help the mediation process through to the finish. We all know this is about money and salaries, however, it is even more than that. It is about the 2019 FMLA too..imo The trigger for money/foreign currency reserves to get a leg up... When there is an RI, you can bet your bottom Dinar that there is going to be some serious money movement and not just in Iraq...
7-10-2020 Newshound Guru Pimpy ...the fact that the International Financial Action Group has already removed Iraq off their list of money laundering people...this is really big big news. Because this means the international community is starting to realize that Iraq is doing something about the levels of corruption in this country. Again, there's a meeting coming up with Trump real soon...at this pace we may see the Iraq dinar be recognized on the international scene really super soon here. Having said that does that mean there's going to be a change in rate? I don't know. But I know the first biggest step is to have the sovereignty of Iraq recognized internationally. That means restrictions get removed off their currency. What does that mean Pimpy? Well that means if you have a bank that deals with foreign currency you should be able to go in and purchase it or exchange it...if they remove these types of restrictions that's what we want...The next move after that would be the reinstatement of a rate...
7-3-2020 Intel Guru Footforward [...that the finance committee in conjunction with the CBI has re-issued bonds to cover the 3months beyond July - Sept for the salaries. So the pressure is off and we may have to wait a bit longer to see the reinstatement. ...what do you...think about this statement?] [Reference Guru Mnt Goat post 7-3-2020] I absolutely disagree. No one in their right mind would give Iraq a loan of any kind and they had been rejected over and over for loans until the white papers came out. Now suddenly, even Mike Pompeo says they will lend them all the money they need? The people loaning them money have an assurance they will get their money back. With oil prices being so low, the only thing that makes sense is an RV. That's my opinion...
7-3-2020 Newshound/Intel Guru Mnt Goat ...I know for a FACT that it is not the CBI so much that is holding back the currency reform portion of the reforms but the “powers to be” (PTB) who may feel Iraq is not yet ready and the Iranian influence and corruption is still not under the desired control. Iraq still also needs to make good on its promises to diversify and get off of oil as it’s sole source of revenue. There have been mandates handed down to Iraq to implement before they can or will get back their currency...
7-3-2020 Intel Guru Bruce [via WiserNow] We don’t exactly have our notifications happening over the weekend – now we’re looking at this thing changing and we have a moving target – now we’re looking closer at the possibility of being notified ...Monday...Monday afternoon...or possibly Tuesday...the more likely start would be on Tuesday... I know...Iraq is ready...there was a question as to whether Iraq would make payroll yesterday – my understanding is that they did everything they needed to do on the 1st...I know that we are positioned now we believe to go forward...this should be releasing for us very soon...
7-3-2020 Newshound Guru MilitiaMan Article: "Specialists warn of the repercussions of the devaluation of the dinar" They are beating this into peoples heads... They are not going to devalue the currency... End of story. They are going to go to a market economy. That requires Article 8 compliance...imo. Article 8 compliance is to raise the value of the IQD. imo.
7-3-2020 Intel Guru Delta ...they can not go international without them increasing the value...not for the sake of it all but because Iraq is in a unique situation and they have to. One of the stipulations put on them long time ago in order for you to go international you must...lift the 3 zeros from your exchange rate the same way they added the three zeros. Now they have to take those three zeros off in order for them to be accepted internationally...
7-3-2020 Intel Guru MarkZ [via PDK] ...Banking contacts still believe we will see it before the end of the day on july 6th. We shall see...no change of rate in Iraq…yet. I do believe we are awfully close and I do not believe we are waiting until November.
7-3-2020 Newshound/Intel Guru Mnt Goat ...There is now NO sign from the CBI they are doing any actions for a near future RV for the rest of this year. Sorry! For some time it was looking as though we might have a pretty good chance but that chance was killed this week. Now that the finance committee in conjunction with the CBI has re-issued bonds to cover the 3months beyond July - Sept for the salaries. So the pressure is off and we may have to wait a bit longer to see the reinstatement. Maybe January 2021 is coming back into view? Just saying….
7-3-2020 Newshound Guru Breitling ...They've got to be able to balance...how do they be competitive in the region and also take advantage of the International markets? Because if they go too high - regionally they're going to get cut off. If they go too low they're not going to be able to pay for the local budget. [Post 2 of 2]
7-3-2020 Newshound Guru Breitling If the value of their currency is too high regionally...no body is going to want to do business with Iraq because the value of labor is too high. This is how Iraq is going to look at it. They are going to look at that. And they are also going to compare it with them doing business outside of Iraq and they might be able to pull it off. That's how they're looking at it. That's why they haven't made the decision yet. That's why they're taking their time. You guys are in panic mode because you're waiting for your big payday. You don't realize how important of a decision this is for Iraq... [Post 1 of 2....stay tuned]
7-3-2020 Intel Guru Footforward [What are you sensing about the dong?] ...No one has info on the dong right now. ...Vietnam has basically gone dark...They don't want people to know what is happening. But it's so obvious to me. ...there's been nothing on the dong. It's been absolute radio silence for close to a month now...but I can feel that it's going as it's supposed to go and that it just very suddenly is going to happen with no warning...
7-3-2020 Intel Guru RayRen98 From across the pond...All talk today is the plan to cover the salaries for next 3 months at reduced rates so Iraq can pay salaries. Then after 3 months, the new plans and reforms will assist. This indicates no rate change for 3 months going into the new fiscal year just like they talked about this morning and now is on Iraqi TV. (REMEMBER: Watch what they DO... not what they say)
7-3-2020 Newshound/Intel Guru Mnt Goat ...I know for a FACT that it is not the CBI so much that is holding back the currency reform portion of the reforms but the “powers to be” (PTB) who may feel Iraq is not yet ready and the Iranian influence and corruption is still not under the desired control. Iraq still also needs to make good on its promises to diversify and get off of oil as it’s sole source of revenue. There have been mandates handed down to Iraq to implement before they can or will get back their currency...
7-3-2020 Intel Guru Bruce [via WiserNow] We don’t exactly have our notifications happening over the weekend – now we’re looking at this thing changing and we have a moving target – now we’re looking closer at the possibility of being notified ...Monday...Monday afternoon...or possibly Tuesday...the more likely start would be on Tuesday... I know...Iraq is ready...there was a question as to whether Iraq would make payroll yesterday – my understanding is that they did everything they needed to do on the 1st...I know that we are positioned now we believe to go forward...this should be releasing for us very soon...
7-3-2020 Newshound Guru MilitiaMan Article: "Specialists warn of the repercussions of the devaluation of the dinar" They are beating this into peoples heads... They are not going to devalue the currency... End of story. They are going to go to a market economy. That requires Article 8 compliance...imo. Article 8 compliance is to raise the value of the IQD. imo.
7-3-2020 Intel Guru Delta ...they can not go international without them increasing the value...not for the sake of it all but because Iraq is in a unique situation and they have to. One of the stipulations put on them long time ago in order for you to go international you must...lift the 3 zeros from your exchange rate the same way they added the three zeros. Now they have to take those three zeros off in order for them to be accepted internationally...
7-3-2020 Intel Guru MarkZ [via PDK] ...Banking contacts still believe we will see it before the end of the day on july 6th. We shall see...no change of rate in Iraq…yet. I do believe we are awfully close and I do not believe we are waiting until November.
7-3-2020 Newshound/Intel Guru Mnt Goat ...There is now NO sign from the CBI they are doing any actions for a near future RV for the rest of this year. Sorry! For some time it was looking as though we might have a pretty good chance but that chance was killed this week. Now that the finance committee in conjunction with the CBI has re-issued bonds to cover the 3months beyond July - Sept for the salaries. So the pressure is off and we may have to wait a bit longer to see the reinstatement. Maybe January 2021 is coming back into view? Just saying….
7-3-2020 Newshound Guru Breitling ...They've got to be able to balance...how do they be competitive in the region and also take advantage of the International markets? Because if they go too high - regionally they're going to get cut off. If they go too low they're not going to be able to pay for the local budget. [Post 2 of 2]
7-3-2020 Newshound Guru Breitling If the value of their currency is too high regionally...no body is going to want to do business with Iraq because the value of labor is too high. This is how Iraq is going to look at it. They are going to look at that. And they are also going to compare it with them doing business outside of Iraq and they might be able to pull it off. That's how they're looking at it. That's why they haven't made the decision yet. That's why they're taking their time. You guys are in panic mode because you're waiting for your big payday. You don't realize how important of a decision this is for Iraq... [Post 1 of 2....stay tuned]
7-3-2020 Intel Guru Footforward [What are you sensing about the dong?] ...No one has info on the dong right now. ...Vietnam has basically gone dark...They don't want people to know what is happening. But it's so obvious to me. ...there's been nothing on the dong. It's been absolute radio silence for close to a month now...but I can feel that it's going as it's supposed to go and that it just very suddenly is going to happen with no warning...
7-3-2020 Intel Guru RayRen98 From across the pond...All talk today is the plan to cover the salaries for next 3 months at reduced rates so Iraq can pay salaries. Then after 3 months, the new plans and reforms will assist. This indicates no rate change for 3 months going into the new fiscal year just like they talked about this morning and now is on Iraqi TV. (REMEMBER: Watch what they DO... not what they say)
7-9-2020 Intel Guru Frank26 Question: "Frank, when it happens will you give me the "800#"? Guru XYZ says that he's gonna give us 800# - the only place where we can exchange our dinars." Oh ye of little knowledge and you believe that? No, there's no such thing as an 800 number for you to call to exchange. What you want to do is you're going to find hopefully a large bank...the smaller banks are handicapped. You can go to a small bank but you're risking your currency to be divorced from you. That's not good...major banks that's where I would go. There are brokers they could probably help you as well too if you trust them...find a major reputable bank. Tell them you want to do business with them and get the perks. Everything that you can...if you feel they're ripping you off go somewhere else. You're in control. You've got the power for the first time in a long time. Don't lose it...
7-9-2020 Newshound/Intel Guru Petra ...IMO, everything is at stake for this country known as Iraq. They need to change and get into the international world as MM [Guru MilitiaMan] has shared many times the need to access those secondary markets, loans, SDR, all those things he has hammered are spot on IMO. There is no turning back. What options are there....N O N E!! Did I emphasize that enough? ...Stay strong family...it's coming!!! All IMO...
7-9-2020 Intel Guru Footforward ...I just want to encourage you guys that we are really close.
7-9-2020 Intel Guru MarkZ [via PDK] ...so overnight there were no changes in value...in Iraq... Still in an “Intel Blackout” for most of my contacts. They have really clamped down on any news and any leaks…. I did reach out to a redemption center person and they are keeping them all on call there. At redemption centers they are all geared up and have taken precautions. They have masks and gloves. They are prepared and waiting on a “go” as well. Somebody pointed this out after finally getting in touch with their contacts at exchange centers - “Why would they have these if we were not going to exchange?” Our exchange is coming guys and it’s getting closer day by day.
7-9-2020 Intel Guru Frank26 There's some of you that say, 'guru X, Y & Z says there's no taxes to be paid on this capital gains. none.' Like our government is going to allow that! Oh, the fantasy of it all...I think you have common sense. You know very well this is a capital gains... [Note: Always speak with your tax professionals at the appropriate time for how this exchange will be taxed for your individual situation.]
7-9-2020 Newshound Guru Pimpy There's a major major announcement that happened today...What is going on? A message from the EU that takes us one step closer to what I was talking about. I do believe when Al-Kazemi comes over here I'm hoping we're gonna see a push by Trump to recognize the sovereignty of Iraq...look at this message - Article: "The Anti-Money Laundering Office issues a statement on the European decision: Iraq will be removed from the list of high-risk countries soon". This is great. This means you start removing restrictions off of Iraq and start recognizing them on the International scene. This is big news. I have a feeling they are waiting for this announcement. What announcement? ...I think we're waiting for the big dog himself to come out. Our president Trump to come out and make this announcement that hey we need the international community to once again recognize the sovereignty of Iraq. I believe that is coming as long as they continue to do what they're doing right now...this is super huge news.
7-9-2020 Guest Guru Petra ...So, we have these polymer notes that have been in circulation for apparently some time. Why all the hubbub "now" when they have been around for a while? Could it be part of the education process? Could it be a preemptory move by the CBI to make citizens aware and understand the coming change? I think so. Everything they have been doing has been strategic but now the strategy is being played out as we await the execution of that strategy. Nothing is going to stop it or we will truly have a failed state and that is "not" going to happen with the wealth in that country. ...IMO, we are at the goal line waiting to cross for lack of a better metaphor. [post 2 of 2]
7-9-2020 Guest Guru Petra So where are we? ...Clearly there is a rush to get things done in order for the white paper to be engaged so a date and rate can be revealed. Remember, nothing in the entire white paper can be accomplished as to the future of the growth of the Iraqi state with out a change in rate. None! All the efforts of the committees, the ministries, agriculture, mining, defense, infrastructure, nothing can happen until this move is made. [post 1 of 2....stay tuned]
7-9-2020 Intel Guru Frank26 ...we have gone through "what if". We have gone through "when". And now we are going though a time-frame and a rate in "white pagers"...it's not an opinion that they are going to change their exchange rate - it's a CBI statement...every day they wait to make the announcement of the new exchange rate it gets easier and easier to tell the monetary reform, to tell the citizens of the new currency of the new exchange rate, of the new Iraqi banking system to the citizens. You see it must not fail with the citizens. It can fail with you and it has with a few of you but it must not fail with the citizens. This is the key to the monetary reform success...
7-9-2020 Newshound/Intel Guru Petra ...IMO, everything is at stake for this country known as Iraq. They need to change and get into the international world as MM [Guru MilitiaMan] has shared many times the need to access those secondary markets, loans, SDR, all those things he has hammered are spot on IMO. There is no turning back. What options are there....N O N E!! Did I emphasize that enough? ...Stay strong family...it's coming!!! All IMO...
7-9-2020 Intel Guru Footforward ...I just want to encourage you guys that we are really close.
7-9-2020 Intel Guru MarkZ [via PDK] ...so overnight there were no changes in value...in Iraq... Still in an “Intel Blackout” for most of my contacts. They have really clamped down on any news and any leaks…. I did reach out to a redemption center person and they are keeping them all on call there. At redemption centers they are all geared up and have taken precautions. They have masks and gloves. They are prepared and waiting on a “go” as well. Somebody pointed this out after finally getting in touch with their contacts at exchange centers - “Why would they have these if we were not going to exchange?” Our exchange is coming guys and it’s getting closer day by day.
7-9-2020 Intel Guru Frank26 There's some of you that say, 'guru X, Y & Z says there's no taxes to be paid on this capital gains. none.' Like our government is going to allow that! Oh, the fantasy of it all...I think you have common sense. You know very well this is a capital gains... [Note: Always speak with your tax professionals at the appropriate time for how this exchange will be taxed for your individual situation.]
7-9-2020 Newshound Guru Pimpy There's a major major announcement that happened today...What is going on? A message from the EU that takes us one step closer to what I was talking about. I do believe when Al-Kazemi comes over here I'm hoping we're gonna see a push by Trump to recognize the sovereignty of Iraq...look at this message - Article: "The Anti-Money Laundering Office issues a statement on the European decision: Iraq will be removed from the list of high-risk countries soon". This is great. This means you start removing restrictions off of Iraq and start recognizing them on the International scene. This is big news. I have a feeling they are waiting for this announcement. What announcement? ...I think we're waiting for the big dog himself to come out. Our president Trump to come out and make this announcement that hey we need the international community to once again recognize the sovereignty of Iraq. I believe that is coming as long as they continue to do what they're doing right now...this is super huge news.
7-9-2020 Guest Guru Petra ...So, we have these polymer notes that have been in circulation for apparently some time. Why all the hubbub "now" when they have been around for a while? Could it be part of the education process? Could it be a preemptory move by the CBI to make citizens aware and understand the coming change? I think so. Everything they have been doing has been strategic but now the strategy is being played out as we await the execution of that strategy. Nothing is going to stop it or we will truly have a failed state and that is "not" going to happen with the wealth in that country. ...IMO, we are at the goal line waiting to cross for lack of a better metaphor. [post 2 of 2]
7-9-2020 Guest Guru Petra So where are we? ...Clearly there is a rush to get things done in order for the white paper to be engaged so a date and rate can be revealed. Remember, nothing in the entire white paper can be accomplished as to the future of the growth of the Iraqi state with out a change in rate. None! All the efforts of the committees, the ministries, agriculture, mining, defense, infrastructure, nothing can happen until this move is made. [post 1 of 2....stay tuned]
7-9-2020 Intel Guru Frank26 ...we have gone through "what if". We have gone through "when". And now we are going though a time-frame and a rate in "white pagers"...it's not an opinion that they are going to change their exchange rate - it's a CBI statement...every day they wait to make the announcement of the new exchange rate it gets easier and easier to tell the monetary reform, to tell the citizens of the new currency of the new exchange rate, of the new Iraqi banking system to the citizens. You see it must not fail with the citizens. It can fail with you and it has with a few of you but it must not fail with the citizens. This is the key to the monetary reform success...
7-8-2020 Intel Guru Bruce [via WiserNow] Now – let’s talk a little bit about what has happened...there was a meeting...This meeting had Judy Shelton – some key figures out west...the meeting was trying to get this thing pushed through – this was the 6th attempt..to try to get this done...The word we had was...that it was released to go and...what exactly happened? That’s what we don’t know...I don’t know where it puts us – but it has to be closer – closer to the point where – maybe since we have the schedule something is going to happen tomorrow [Wednesday] or Thursday for us...I’m going to suggest that we... kinda just take a chill pill- take a breath and let this thing manifest and come to us...We know things are moving forward...we are ready from what we can tell... [post 2 of 2]
7-8-2020 Intel Guru Bruce [via WiserNow] We did not get the announcement that I thought we would hopefully get on the 4th of July – or on the 3rd of July out of Mt Rushmore ... I’m not holding my breath for any announcements – anymore – we’ll get them when we get them...Now - here’s the thing – we are in a position where things are getting quieter and quieter – usually from the banks – we have heard some things over the last 4 days or so – and actually we had heard that we would be able to get started today - but that did not happen – and this was from a very very good couple of sources...but as you know things have changed so dramatically in this event that it’s hard to predict... [post 1 of 2....stay tuned]
7-8-2020 Guest Guru Texas Snake [via PDK] Having been in investment banking for many years I have some really good contacts. I had a call in the middle of the night with some folks from London and Hong Kong. They are very confident that between now and the middle of the month that this thing should go.
7-8-2020 Newshound Guru Adam Montana ...HCL is progressing. No, we don't have it done yet. But YES, it is progressing! Stay patient just a little longer and "ye shall be rewarded". OIL is currently OVER $40. Still stable, still positive, still a great place. P.M. Kazzammie is still in good graces where it counts, still making moves, and I still like his trajectory...Kazzammie just barely got in office...IMO, things are moving very quickly right now and since he took the wheel...We are just waiting for a little gust of wind to sail us the final stretch. The port is in view, anchors are up, sheets are ready to be filled... hang in there, friends! ...When this is all over, it's going to seem like it happened in a flash...
7-8-2020 Intel Guru Frank26 ...I dreamed about a very big meeting. A sit-down meeting is coming up with a U.S. delegations, including the Fab 4 and Pompeo as well, to introduced a new exchange rate for the Iraqi dinar prior to or during this meeting...the IMF was there. The World Bank. The United States Treasury. Representatives of the White House for President Donald Trump. The AMF. In my dream I saw the GOI and CBI meeting and talking about the introduction of a new exchange rate for the Iraqi dinar...everyone was there. They were standing shoulder to shoulder to make the announcement of a new exchange rate for their currency...the main reason was just to announce this but to "sell" the announcement to the citizens...the citizens must see that all of these shoulders to shoulders are standing united...
7-8-2020 Intel Guru MarkZ [vis PDK] [Have exchanges started in Canada?] I am confidant they have not started in Canada. This is from banking contacts at Royal Bank and Scots. I have a number of different bank connections and Whales there. Noone has confirmed any exchanges there. They blatantly said it has not started. ...And speaking with attorneys out west...they are really leaning on them to not share any info…and to stay close, within an hour two of being in position. I still feel like we are close. I am really tired of all the smoke and dis-information…very frustrating.
7-8-2020 Newshound Guru MilitiaMan Article: "A "serious" note from specialists and interested in the money market .. Has Iraq resorted to printing the currency?" Quote: "This year, we entered the seventh month, and the banks distributed all new!!!” The new "edition" money is looking to be a poylmer strengthened paper. imo...it is not adding up that this is not more than just replacing old notes... We have heard that there were leaks about money movements. ...They need to bring value to the currency to make them acceptable to those who will receive payments in the Dinar for imports. Again, Alak has been hard at work. Making sure he has the Stock Market and Money Exchanger's on board and up to snuff "international regulation compliant" wise too.! ...So from my view this looks very promising... And...this may very well be more leakage if not flat out education a change is coming... imo We shall see...
7-8-2020 Intel Guru Frank26 Article: "Al-Kazemi and Parliamentary Economy Discuss the White Paper prepared by the Council of Ministers". "Al-Kazemi: The government prepared a white paper for the expected reforms" ...what were they prepared for? Were they prepared for people to constantly say, when is it going to happen? Why haven't they pulled the trigger? What's the matter? It's never going to happen. You guys are being misled.' No. The government of Iraq is not playing games and the reason why is because Kazemi was put in there by the President of the United States...Donald Trump wants everybody to play fair with the currency of the Untied States. And that's why they shut down the auctions...the evidence before you is so clear. So obvious...monetary reform is soon to be announced and the world is pouring into help them with...economic reforms...
7-8-2020 Intel Guru Bruce [via WiserNow] We did not get the announcement that I thought we would hopefully get on the 4th of July – or on the 3rd of July out of Mt Rushmore ... I’m not holding my breath for any announcements – anymore – we’ll get them when we get them...Now - here’s the thing – we are in a position where things are getting quieter and quieter – usually from the banks – we have heard some things over the last 4 days or so – and actually we had heard that we would be able to get started today - but that did not happen – and this was from a very very good couple of sources...but as you know things have changed so dramatically in this event that it’s hard to predict... [post 1 of 2....stay tuned]
7-8-2020 Guest Guru Texas Snake [via PDK] Having been in investment banking for many years I have some really good contacts. I had a call in the middle of the night with some folks from London and Hong Kong. They are very confident that between now and the middle of the month that this thing should go.
7-8-2020 Newshound Guru Adam Montana ...HCL is progressing. No, we don't have it done yet. But YES, it is progressing! Stay patient just a little longer and "ye shall be rewarded". OIL is currently OVER $40. Still stable, still positive, still a great place. P.M. Kazzammie is still in good graces where it counts, still making moves, and I still like his trajectory...Kazzammie just barely got in office...IMO, things are moving very quickly right now and since he took the wheel...We are just waiting for a little gust of wind to sail us the final stretch. The port is in view, anchors are up, sheets are ready to be filled... hang in there, friends! ...When this is all over, it's going to seem like it happened in a flash...
7-8-2020 Intel Guru Frank26 ...I dreamed about a very big meeting. A sit-down meeting is coming up with a U.S. delegations, including the Fab 4 and Pompeo as well, to introduced a new exchange rate for the Iraqi dinar prior to or during this meeting...the IMF was there. The World Bank. The United States Treasury. Representatives of the White House for President Donald Trump. The AMF. In my dream I saw the GOI and CBI meeting and talking about the introduction of a new exchange rate for the Iraqi dinar...everyone was there. They were standing shoulder to shoulder to make the announcement of a new exchange rate for their currency...the main reason was just to announce this but to "sell" the announcement to the citizens...the citizens must see that all of these shoulders to shoulders are standing united...
7-8-2020 Intel Guru MarkZ [vis PDK] [Have exchanges started in Canada?] I am confidant they have not started in Canada. This is from banking contacts at Royal Bank and Scots. I have a number of different bank connections and Whales there. Noone has confirmed any exchanges there. They blatantly said it has not started. ...And speaking with attorneys out west...they are really leaning on them to not share any info…and to stay close, within an hour two of being in position. I still feel like we are close. I am really tired of all the smoke and dis-information…very frustrating.
7-8-2020 Newshound Guru MilitiaMan Article: "A "serious" note from specialists and interested in the money market .. Has Iraq resorted to printing the currency?" Quote: "This year, we entered the seventh month, and the banks distributed all new!!!” The new "edition" money is looking to be a poylmer strengthened paper. imo...it is not adding up that this is not more than just replacing old notes... We have heard that there were leaks about money movements. ...They need to bring value to the currency to make them acceptable to those who will receive payments in the Dinar for imports. Again, Alak has been hard at work. Making sure he has the Stock Market and Money Exchanger's on board and up to snuff "international regulation compliant" wise too.! ...So from my view this looks very promising... And...this may very well be more leakage if not flat out education a change is coming... imo We shall see...
7-8-2020 Intel Guru Frank26 Article: "Al-Kazemi and Parliamentary Economy Discuss the White Paper prepared by the Council of Ministers". "Al-Kazemi: The government prepared a white paper for the expected reforms" ...what were they prepared for? Were they prepared for people to constantly say, when is it going to happen? Why haven't they pulled the trigger? What's the matter? It's never going to happen. You guys are being misled.' No. The government of Iraq is not playing games and the reason why is because Kazemi was put in there by the President of the United States...Donald Trump wants everybody to play fair with the currency of the Untied States. And that's why they shut down the auctions...the evidence before you is so clear. So obvious...monetary reform is soon to be announced and the world is pouring into help them with...economic reforms...
7-7-2020 Intel Guru Footforward [...will I have to have receipts for tax purposes?] I honestly don't know if anyone really knows how this will be taxed yet. Receipts help potentially but I don't have receipts for all of mine either. There are alot of ways to defer taxes too. [Consult your tax professional at the appropriate time.]
7-7-2020 Intel Guru Frank26 Question: "I bought my dinars 15 years ago and I lost my receipt...I need my receipt when I go and exchange my currency?" No you don't. It's your currency. You possess it. If you were audited by our government and they wanted proof of purchase when you bought it to determine what percentage capital gains tax you're gonna pay yeah you better have a receipt...that's about paying your income tax... Question: "I lost my "certificate of authenticity?" Ain't anybody gonna ask you for no certificate of authenticity silly rabbit. They're gonna take them [dinars] and they're gonna run it through their books or their machines and they're gonna tell you this is legal or not...that certificate of authenticity is nothing more than a business card... [Note: Speak with your tax professionals at the appropriate time]
7-7-2020 Newshound/Intel Guru Mnt Goat But the good news, if there is any, is that discussion with the stakeholders from the private sector, suggesting Iraq must stop the currency auctions now, which they say is the hard currency bleeding on money out of Iraq. In light of the suffocating financial crisis that the country is going through, by stopping the work of the window of currency sale it will help immediately in helping the crisis. ...Remember these auctions were never meant to continue and they are way overdue to end. But corruption keeps them going as billions are illegally funneled out of Iraq to Iran. [post 2 of 2]
7-7-2020 Newshound/Intel Guru Mnt Goat Today is Tuesday and we will quickly move through July. There will be no revaluation or reinstatement, this I can say with certainty...I have checked with my CBI contact and they do want to execute the last phase of the project to delete the zeros, however they must have the political incentive to do it too and this they do not currently have. Yes, the currency auctions do still continue but under the supervision of the finance committee. Yes, the CBI did stop the currency auctions but all they did was turn them over to the finance committee for supervision. Get it? Folks, there is no other way they can import goods and services without these auctions... [post 1 of 2....stay tuned]
7-7-2020 Intel Guru MarkZ [via PDK] ...What I am being told from 3 different locations is Asia, Europe and out west (Treasury west I like to call it-Reno) that there are meetings this afternoon to set a definitive time scale or schedule. There are many people with appointments on Wed and Thurs of this week. I am hopeful that this could be it...We are very close…you can see it from everything happening in the world.
7-7-2020 Intel Guru Delta ...the raising of the value can take all the way down till September...July is out the window for me. They already started paying the salaries for July...for them to come out and tell us they do have salaries all the way down to August then it's logic that we might not see anything till September...I'd love to see this tonight or tomorrow but there's some work they need to do...
7-7-2020 Newshound Guru Jeff when you see them bring forth the budget that's when you're gonna see the rate change. It's that simple. Just follow the movement of a budget and this will literally walk you right to the finish line. You're gonna know they're gonna change the rate...That's why they're very clearly hiding a budget from you. Does not get any more cut and dry or easier than that. The facts favor this year more than ever...the "white paper" and the "analyzing the exchange rate" is a game plan and a form of setting the stage to strongly change the rate...this year...
7-7-2020 Newshound Guru Pimpy ...those currencies that are undervalued like the Iraqi dinar you will see them go up in value. I think you are going to see a 1 for 1 exchange with your country's currency. Since I live here in the Untied States I will be able to exchange one dinar for one U.S. Dollar. I have a feeling that's the direction we're going into. The same with the Vietnam dong. Both those currencies are undervalued. Since they're undervalued they will increase in order to meet the 1 for 1...they will be on a level playing field.
7-7-2020 Intel Guru MarkZ [via PDK] [...heard rv maybe late sept or march 2021...] I have not heard anything pointing to that far off at all.
7-7-2020 Intel Guru Frank26 Question: "I bought my dinars 15 years ago and I lost my receipt...I need my receipt when I go and exchange my currency?" No you don't. It's your currency. You possess it. If you were audited by our government and they wanted proof of purchase when you bought it to determine what percentage capital gains tax you're gonna pay yeah you better have a receipt...that's about paying your income tax... Question: "I lost my "certificate of authenticity?" Ain't anybody gonna ask you for no certificate of authenticity silly rabbit. They're gonna take them [dinars] and they're gonna run it through their books or their machines and they're gonna tell you this is legal or not...that certificate of authenticity is nothing more than a business card... [Note: Speak with your tax professionals at the appropriate time]
7-7-2020 Newshound/Intel Guru Mnt Goat But the good news, if there is any, is that discussion with the stakeholders from the private sector, suggesting Iraq must stop the currency auctions now, which they say is the hard currency bleeding on money out of Iraq. In light of the suffocating financial crisis that the country is going through, by stopping the work of the window of currency sale it will help immediately in helping the crisis. ...Remember these auctions were never meant to continue and they are way overdue to end. But corruption keeps them going as billions are illegally funneled out of Iraq to Iran. [post 2 of 2]
7-7-2020 Newshound/Intel Guru Mnt Goat Today is Tuesday and we will quickly move through July. There will be no revaluation or reinstatement, this I can say with certainty...I have checked with my CBI contact and they do want to execute the last phase of the project to delete the zeros, however they must have the political incentive to do it too and this they do not currently have. Yes, the currency auctions do still continue but under the supervision of the finance committee. Yes, the CBI did stop the currency auctions but all they did was turn them over to the finance committee for supervision. Get it? Folks, there is no other way they can import goods and services without these auctions... [post 1 of 2....stay tuned]
7-7-2020 Intel Guru MarkZ [via PDK] ...What I am being told from 3 different locations is Asia, Europe and out west (Treasury west I like to call it-Reno) that there are meetings this afternoon to set a definitive time scale or schedule. There are many people with appointments on Wed and Thurs of this week. I am hopeful that this could be it...We are very close…you can see it from everything happening in the world.
7-7-2020 Intel Guru Delta ...the raising of the value can take all the way down till September...July is out the window for me. They already started paying the salaries for July...for them to come out and tell us they do have salaries all the way down to August then it's logic that we might not see anything till September...I'd love to see this tonight or tomorrow but there's some work they need to do...
7-7-2020 Newshound Guru Jeff when you see them bring forth the budget that's when you're gonna see the rate change. It's that simple. Just follow the movement of a budget and this will literally walk you right to the finish line. You're gonna know they're gonna change the rate...That's why they're very clearly hiding a budget from you. Does not get any more cut and dry or easier than that. The facts favor this year more than ever...the "white paper" and the "analyzing the exchange rate" is a game plan and a form of setting the stage to strongly change the rate...this year...
7-7-2020 Newshound Guru Pimpy ...those currencies that are undervalued like the Iraqi dinar you will see them go up in value. I think you are going to see a 1 for 1 exchange with your country's currency. Since I live here in the Untied States I will be able to exchange one dinar for one U.S. Dollar. I have a feeling that's the direction we're going into. The same with the Vietnam dong. Both those currencies are undervalued. Since they're undervalued they will increase in order to meet the 1 for 1...they will be on a level playing field.
7-7-2020 Intel Guru MarkZ [via PDK] [...heard rv maybe late sept or march 2021...] I have not heard anything pointing to that far off at all.
7-6-2020 Newshound Guru MilitiaMan Article: "Legal expert: The constitution gave the central government the power to control the country's outlets and send special forces to monitor it" Article quote: "...the flow of the currency market will be strengthened, strengthening the dinar." Now it is time to go to the international world with the new rate imo. We have the borders and the electronic system in place to get the money from the borders to the Federal Government...They have had a system in place, but, now they have an agreement with the Peshmerga and the Federal Government with the special forces bridging the gap at the borders. They will secure the funds that will come from the borders and those funds will allow for salaries and to start exporting to other countries the exchange trade...they are gearing to do what is in the White Papers. ...there is a direct motivation to get into the market economy, now, not later!!...
7-6-2020 Newshound Guru Jeff The rate change now can only go one of two directions...if they do implement a semi-annual budget October through March then they're gonna have to change the rate during the month of September of this year. It's that simple. But if they don't implement a semiannual budget then this could be dragged out until March of next year. That's what we have to watch...there's actually so much good information pointing to the second half of this year...they showed us the "white papers". That's the roadmap for the rate change. Then they even came out really studying and analyzing the exchange rate in great detail...IMO that suggests to me they're probably preparing to change that rate...late September...but I'm not giving you a date. I'm just bringing you facts from a broader level...the news is amazing right now. None of us want to wait but it's nice to know more about where you stand...
7-6-2020 Intel Guru Frank26 Don't you dare let your dinars out of your sight. Do you notice my emotions went up? Good. "Yeah, we'll take your dinars, we'll make sure they're verified and we'll let you know." No. "We're going to send your dinar to the main headquarter bank in the capital of our state." No. Find out where they were going to send it and you go there...Don't you ever let your dinars out of your sight...The hardest part is about to begin. You think waiting was hard to do? Waiting is nothing compared to what you're about to get involved with.
7-6-2020 Newshound Guru Pimpy ...I go around and see what other people are saying and I'm concerned that it seems like every little tidbit of piece of information that comes out they're magically finding a away to link it to a rate change. Don't do that. There is enough good news out there that shows us that we are heading in that direction without a doubt...be careful about things that are being scrolling around in our dinar community. Not every little thing is an automatic proof that an exchange rate is gonna happen. Look at the bigger picture. See the agenda. See what's going on. To me that's a lot more clearer picture of what's happening and that is the restoration of Iraq's sovereignty and their removal of currency restrictions on the international playing field. That's what we're looking for...
7-6-2020 Intel Guru MarkZ [via PDK] No changes in value today anywhere that we can see at a street level. I wasn’t really expecting anything to happen until this evening …lots of positioning for exchanges. We just need to sit tight. We are not in charge of the timing but we do appear to be very close. It may not seem like I’m excited as I have to tell you all nothing happened yet…..but I am. We are very stinkin close.
7-6-2020 Newshound Guru Jeff ...I recently spoke with my Iraqi contact who does work for the Iraqi government...one thing that he stressed to me is the general news that you're seeing is not enough news for anyone of us to utilize...to guesstimate when the rate change can happen. We have to look at the bigger picture in this...You have to follow the movement of the money...Late last year Iraq put out some key articles saying their 2020 budget would have huge things in it...basically a lot of post rate change stuff suggesting that the 2020 budget is married to the rate change. But we never saw a 2020 budget...the fact that you have not seen a 2020 budget...confirmed...that the budget is indeed married to the rate change...That's why they have to hide the 2020 budget from you...it's that simple now.
7-6-2020 Intel Guru Frank26 ...how to do the exchange when the time comes...this is just my opinion...ideas...the banks - they're in business to make money. One of the ways they make money is when they exchange currency. They charge you a spread. I will do everything possible...to make sure that that bank that I decide to do business with gives me the best deal possible. I will demand that they don't even charge me a spread. If they insist. Let's talk that spread down...then talk about some perks...don't just exchange IMO...you are in control. That bank wants your business...you don't want to be rude but stand your ground...
7-6-2020 Newshound Guru Pimpy Iraq is talking about the rate change. Good or bad? Article: "Parliamentary Finance warns against moving toward changing the dinar exchange against the dollar: 3 categories will pay the price!" Quote: "...until now we have not seen the draft of the Financial Reform Law but there are information and leaks we report that there is an intention to change the exchange rate of the dollar against the dinar..." ...they keep making the case for why you can't devalue the dinar which we agree with 100% because we want them to increase the value of the dinar...
7-6-2020 Newshound Guru Jeff The rate change now can only go one of two directions...if they do implement a semi-annual budget October through March then they're gonna have to change the rate during the month of September of this year. It's that simple. But if they don't implement a semiannual budget then this could be dragged out until March of next year. That's what we have to watch...there's actually so much good information pointing to the second half of this year...they showed us the "white papers". That's the roadmap for the rate change. Then they even came out really studying and analyzing the exchange rate in great detail...IMO that suggests to me they're probably preparing to change that rate...late September...but I'm not giving you a date. I'm just bringing you facts from a broader level...the news is amazing right now. None of us want to wait but it's nice to know more about where you stand...
7-6-2020 Intel Guru Frank26 Don't you dare let your dinars out of your sight. Do you notice my emotions went up? Good. "Yeah, we'll take your dinars, we'll make sure they're verified and we'll let you know." No. "We're going to send your dinar to the main headquarter bank in the capital of our state." No. Find out where they were going to send it and you go there...Don't you ever let your dinars out of your sight...The hardest part is about to begin. You think waiting was hard to do? Waiting is nothing compared to what you're about to get involved with.
7-6-2020 Newshound Guru Pimpy ...I go around and see what other people are saying and I'm concerned that it seems like every little tidbit of piece of information that comes out they're magically finding a away to link it to a rate change. Don't do that. There is enough good news out there that shows us that we are heading in that direction without a doubt...be careful about things that are being scrolling around in our dinar community. Not every little thing is an automatic proof that an exchange rate is gonna happen. Look at the bigger picture. See the agenda. See what's going on. To me that's a lot more clearer picture of what's happening and that is the restoration of Iraq's sovereignty and their removal of currency restrictions on the international playing field. That's what we're looking for...
7-6-2020 Intel Guru MarkZ [via PDK] No changes in value today anywhere that we can see at a street level. I wasn’t really expecting anything to happen until this evening …lots of positioning for exchanges. We just need to sit tight. We are not in charge of the timing but we do appear to be very close. It may not seem like I’m excited as I have to tell you all nothing happened yet…..but I am. We are very stinkin close.
7-6-2020 Newshound Guru Jeff ...I recently spoke with my Iraqi contact who does work for the Iraqi government...one thing that he stressed to me is the general news that you're seeing is not enough news for anyone of us to utilize...to guesstimate when the rate change can happen. We have to look at the bigger picture in this...You have to follow the movement of the money...Late last year Iraq put out some key articles saying their 2020 budget would have huge things in it...basically a lot of post rate change stuff suggesting that the 2020 budget is married to the rate change. But we never saw a 2020 budget...the fact that you have not seen a 2020 budget...confirmed...that the budget is indeed married to the rate change...That's why they have to hide the 2020 budget from you...it's that simple now.
7-6-2020 Intel Guru Frank26 ...how to do the exchange when the time comes...this is just my opinion...ideas...the banks - they're in business to make money. One of the ways they make money is when they exchange currency. They charge you a spread. I will do everything possible...to make sure that that bank that I decide to do business with gives me the best deal possible. I will demand that they don't even charge me a spread. If they insist. Let's talk that spread down...then talk about some perks...don't just exchange IMO...you are in control. That bank wants your business...you don't want to be rude but stand your ground...
7-6-2020 Newshound Guru Pimpy Iraq is talking about the rate change. Good or bad? Article: "Parliamentary Finance warns against moving toward changing the dinar exchange against the dollar: 3 categories will pay the price!" Quote: "...until now we have not seen the draft of the Financial Reform Law but there are information and leaks we report that there is an intention to change the exchange rate of the dollar against the dinar..." ...they keep making the case for why you can't devalue the dinar which we agree with 100% because we want them to increase the value of the dinar...
7-5-2020 Newshound Guru MilitiaMan Article: "Work is preparing to launch a second supplement to the rejected cards" Quote: "...the Ministry of Social Protection in the Ministry has completed its technical and financial procedures to launch the second supplement of subsidy salaries during the current week, for the cards that were previously suspended for various reasons." So what changed that required them to suspend their cards? Was it because the electronic system went down with a "E" - COVID - 19 VIRUS? lol Or could it have had to do with the delay for everyone's salaries to be adjusted accordingly to reflect their new purchase power? Time will tell. As, the timing of this is by my view no coincidence...We shall see in the coming days...
7-5-2020 Intel Guru Footforward [Do you feel we are within days] absolutely I do. I don't know how many days yet. But yes. The word is in motion.
7-5-2020 Newshound Guru Pimpy ...Iraq is definitely draining the swamp...looks like there's a lot happening and it's happening quickly again. Article: "Pompeo mentioned him by name and accused of killing protesters...the dimensions of the step to relieve Fayyad from security positions in Iraq" ...it was believed that he gave the orders for the soldiers to shoot on unarmed protesters. Just for the record this guy here is an Iranian puppet big time... Quote: "the decision was on Saturday by the office of the prime minister Al-Kazemi. A step that was paved for several days and leaked by talks about Al-Kazemi's intentions to carry out a coordinated campaign aimed at reducing Tehran's influence in the situation and institutions of the Iraq state before his upcoming visit to the United States this month." So he is draining the swamp...I'm excited about it. All these are major steps and achieving what we want and that is for Iraq to get their sovereignty and they get the restrictions moved off of their currency...
7-5-2020 Intel Guru Frank26 ...when the value goes up are you gonna call every Tom, Dick and Harry and tell them you just made a lot of money? Or that you made capital gains with your investment? Or that you had a windfall? Are you gonna brag about this? Are you gonna put it on social media? Are you going to tell that relative that you never told in the first place? Are you gonna shove it into their faces, the ones that told you it's never gonna happen, to satisfy your ego and pride? I hope not. Don't draw attention to yourself. Do your very best to be humble about this. Do your very best to shut-up about this. The entourage, the group of people that know about your windfall, you want to try to limit that. Not only for your safety but for that matter for your sanity. Ever drop a sugar cube next to an anthill? Every ant is all of a sudden turning around and heading toward that sugar cube. Don't draw attention to yourself.
7-5-2020 Newshound Guru Kaperoni ...it is very concerning that the government and new prime minister are trying to pass a new Financial Reform Law that involves the dinar. The government has no business getting involved in CBI monetary policy. You really only see governments get involved in monetary policy if it involves changing the physical value of the currency such as a LOP. We recently saw that occur with Iran. We do not want to see this happen with Iraq. Traditional monetary policy is the sole responsibility of the CBI. Getting off the peg, moving to a float, or simply raising the value is the responsibility of the CBI and Parliament should have no involvement.
7-5-2020 Newshound Guru Pimpy ...right now with the Iraqi dinar - it's going good. It's going smooth. Better than it ever has before. Before when we used to get excited about this news, now it's coming out so commonplace that we don't even think about it hardly no more as anything overly exciting because we're used to Al-Kazemi cracking the whip on people...there's something definitely happening in July. I don't know what it is. There's a major announcements getting ready to come from Trump...
7-5-2020 Intel Guru Footforward [Do you feel we are within days] absolutely I do. I don't know how many days yet. But yes. The word is in motion.
7-5-2020 Newshound Guru Pimpy ...Iraq is definitely draining the swamp...looks like there's a lot happening and it's happening quickly again. Article: "Pompeo mentioned him by name and accused of killing protesters...the dimensions of the step to relieve Fayyad from security positions in Iraq" ...it was believed that he gave the orders for the soldiers to shoot on unarmed protesters. Just for the record this guy here is an Iranian puppet big time... Quote: "the decision was on Saturday by the office of the prime minister Al-Kazemi. A step that was paved for several days and leaked by talks about Al-Kazemi's intentions to carry out a coordinated campaign aimed at reducing Tehran's influence in the situation and institutions of the Iraq state before his upcoming visit to the United States this month." So he is draining the swamp...I'm excited about it. All these are major steps and achieving what we want and that is for Iraq to get their sovereignty and they get the restrictions moved off of their currency...
7-5-2020 Intel Guru Frank26 ...when the value goes up are you gonna call every Tom, Dick and Harry and tell them you just made a lot of money? Or that you made capital gains with your investment? Or that you had a windfall? Are you gonna brag about this? Are you gonna put it on social media? Are you going to tell that relative that you never told in the first place? Are you gonna shove it into their faces, the ones that told you it's never gonna happen, to satisfy your ego and pride? I hope not. Don't draw attention to yourself. Do your very best to be humble about this. Do your very best to shut-up about this. The entourage, the group of people that know about your windfall, you want to try to limit that. Not only for your safety but for that matter for your sanity. Ever drop a sugar cube next to an anthill? Every ant is all of a sudden turning around and heading toward that sugar cube. Don't draw attention to yourself.
7-5-2020 Newshound Guru Kaperoni ...it is very concerning that the government and new prime minister are trying to pass a new Financial Reform Law that involves the dinar. The government has no business getting involved in CBI monetary policy. You really only see governments get involved in monetary policy if it involves changing the physical value of the currency such as a LOP. We recently saw that occur with Iran. We do not want to see this happen with Iraq. Traditional monetary policy is the sole responsibility of the CBI. Getting off the peg, moving to a float, or simply raising the value is the responsibility of the CBI and Parliament should have no involvement.
7-5-2020 Newshound Guru Pimpy ...right now with the Iraqi dinar - it's going good. It's going smooth. Better than it ever has before. Before when we used to get excited about this news, now it's coming out so commonplace that we don't even think about it hardly no more as anything overly exciting because we're used to Al-Kazemi cracking the whip on people...there's something definitely happening in July. I don't know what it is. There's a major announcements getting ready to come from Trump...
7-4-2020 Newshound Guru MilitiaMan Article: "Trebil port achieved more than 24 billion dinars in revenue last June" Quote: "What has been achieved from the increase in revenues as a result of the tightening of control and auditing procedures..." Here we go... They are getting the lead out... I like it. They have to at some point to literally go live with the market economy! This is an example they can! This is the confidence they need. Borrowing money to pay salaries in the way they imply is silly and not good business practice imo...
7-4-2020 Newshound Guru Breitling ...we are very good with the Iraqi dinar. We are in a good spot. The goal has moved a little bit but it's to our advantage. Meaning that the can hasn't been kicked on down the road just the numbers are different. But the numbers are in our favor. And that's what you need to go by. Don't go by wishful thinking hype...the reality is the numbers...that is the reality that you and I are in and you guys can't be in a better spot. It's probably gonna be a little bit better coming down the road - still waiting for some more information...everything is positive...
7-4-2020 Guest Guru Austin-Powers-For-PM So I want to clear up the confusion of "Rates" between being 'In country' and 'International. If I'm in Canada right now, and I have $1.00 CDN, it will buy me what $1.00 CDN can buy. However, if I take that $1.00 CDN and cross the border, I have to "Exchange" it for whatever the rate is to purchase U.S. Dollars (around 74 cents). Same goes with U.S. Dollar to purchase Canadian Dollar (around 1.34 Canadian for each U.S. Dollar). When the 3 Zero's are deleted, a 25k note still stays a 25k note, but now you can exchange it for 25k in lower denoms (or if you deposit it into a bank. it still is 25k). Once you leave the country and you want to exchange it into U.S. dollar, you can get whatever the exchange rate is. So if it's $4.00 you get $100,000 for your 25k note. So there is no 'in country' rate, simply an exchange rate between Dinar and other international currencies.
7-4-2020 Intel Guru Footforward [I think most would be happy for a 1:1 rate.]
It won't be. It's supposed to be higher.
7-4-2020 Newshound Guru Pimpy ...I'm concerned about what's going on around the world a little bit...there's definitely something going on. I know the Iraqi dinar is part of it. I haven't figured it out yet but there's definitely something weird going on. There's a lot of stress testing going on, in banks around the world. Stress testing is whenever they try to do a slight shock to the stock exchange or something that would cause a semi panic of people running to the bank and they want to make sure that the bank's first of all are liquid enough so that if there was a mad rush to the bank that they would have enough money to give the people...we're definitely in a unique position right now. How all this ties together I'm not quite sure but it definitely looks like there's something big going on and Iraqi dinar believe it or not is a big part of it.
7-4-2020 Newshound Guru Breitling ...We're in a very very good spot...Our window just got bigger. The value of the dinar - they need to take care of the budget - just got bigger. They just told us that it will be within 3 months that they're going to completely redo this thing and have a plan to implement all this. We've learned a lot in the last month. Probably more than the entire time we've been watching. They're putting the value on the table. They are telling you they need $66 per barrel and they're telling you the oil prices are never going to get there for the next few years. They are telling you ...they are going to put this stuff together and implement it within 3 months...they need to be able to afford to be in international markets, protect their reserves and have value added to their currency. That's the only way...
7-4-2020 Newshound Guru Breitling ...we are very good with the Iraqi dinar. We are in a good spot. The goal has moved a little bit but it's to our advantage. Meaning that the can hasn't been kicked on down the road just the numbers are different. But the numbers are in our favor. And that's what you need to go by. Don't go by wishful thinking hype...the reality is the numbers...that is the reality that you and I are in and you guys can't be in a better spot. It's probably gonna be a little bit better coming down the road - still waiting for some more information...everything is positive...
7-4-2020 Guest Guru Austin-Powers-For-PM So I want to clear up the confusion of "Rates" between being 'In country' and 'International. If I'm in Canada right now, and I have $1.00 CDN, it will buy me what $1.00 CDN can buy. However, if I take that $1.00 CDN and cross the border, I have to "Exchange" it for whatever the rate is to purchase U.S. Dollars (around 74 cents). Same goes with U.S. Dollar to purchase Canadian Dollar (around 1.34 Canadian for each U.S. Dollar). When the 3 Zero's are deleted, a 25k note still stays a 25k note, but now you can exchange it for 25k in lower denoms (or if you deposit it into a bank. it still is 25k). Once you leave the country and you want to exchange it into U.S. dollar, you can get whatever the exchange rate is. So if it's $4.00 you get $100,000 for your 25k note. So there is no 'in country' rate, simply an exchange rate between Dinar and other international currencies.
7-4-2020 Intel Guru Footforward [I think most would be happy for a 1:1 rate.]
It won't be. It's supposed to be higher.
7-4-2020 Newshound Guru Pimpy ...I'm concerned about what's going on around the world a little bit...there's definitely something going on. I know the Iraqi dinar is part of it. I haven't figured it out yet but there's definitely something weird going on. There's a lot of stress testing going on, in banks around the world. Stress testing is whenever they try to do a slight shock to the stock exchange or something that would cause a semi panic of people running to the bank and they want to make sure that the bank's first of all are liquid enough so that if there was a mad rush to the bank that they would have enough money to give the people...we're definitely in a unique position right now. How all this ties together I'm not quite sure but it definitely looks like there's something big going on and Iraqi dinar believe it or not is a big part of it.
7-4-2020 Newshound Guru Breitling ...We're in a very very good spot...Our window just got bigger. The value of the dinar - they need to take care of the budget - just got bigger. They just told us that it will be within 3 months that they're going to completely redo this thing and have a plan to implement all this. We've learned a lot in the last month. Probably more than the entire time we've been watching. They're putting the value on the table. They are telling you they need $66 per barrel and they're telling you the oil prices are never going to get there for the next few years. They are telling you ...they are going to put this stuff together and implement it within 3 months...they need to be able to afford to be in international markets, protect their reserves and have value added to their currency. That's the only way...
7-2-2020 Intel Guru MarkZ [So are we still waiting another 10 days...?] No we are not…In Kuwait we know that they waited that long to announce it…Indonesia has also done it in the past. Those were historic examples. Many RV’s have happened throughout history…Germany, Japan and there are more who made tremendous changes in their currency value. I am not looking for 10 days. In the past you could keep the press quiet but in today’s world with the internet I do not think they can keep it quiet...so we are expecting a shotgun start.
7-2-2020 Intel Guru Delta ...There's two big events...one of them is July 15th which we believe is the last day for Allaq the governor of the CBI should be removed and replaced...Unless the Prime Minister...extends his duties. The other one, we all know, that July 24th the Prime Minister is invited to visit the White House...logic says if this is the case, you will come to the U.S. you have to come up after the fact so they can congratulate you...we do believe that according to around that time period we should see something in our opinion...
7-2-2020 Intel Guru Bruce ...This is a tax free exchange – you should not be taxed on any part of this exchange – where you will be taxed is on the “income” – called “passive income” which is earned from the “interest” that is paid on your account – you will create an income stream from your mother lode account that in my case will spill over into a spillover account... [NOTE: Other gurus suggest any money made on dinars will be taxed in the United States as "ordinary income" - several other tax possibilities have floated around the community too. In the tax realm the only opinion that matters is the IRS. So speak with your tax professional and/or IRS at the appropriate time about this and other tax possibilities.]
7-2-2020 Newshound Guru Adam Montana The new PM Kazzamie is operating efficiently and effectively. We are going to hear some distractions and criticisms, but he is doing a great job in my opinion.
7-2-2020 Newshound Guru Pimpy [Quick dinar history overview for newbies] ...they dropped the value of the dinar very very low. Right now for one dollar you can buy 1190 Iraqi dinar if you can find them. What people are doing is they're storing up on them waiting for the currency to be reinstated to its rate of $3.22. There's people out there that's been waiting 12, 15, 16 years...some people are frustrated so now they have no faith in them and you'll hear them talk crap from time to time and say this is a scam. That's fine everybody has their opinion...the whole purpose of the Iraqi dinar news...is me explaining to you why I think it's real and in what it is we're looking for that tells us...its rate is about to be reinstated... we've been patiently waiting for the rate to be reinstated and we have reason to believe that's gonna happen very very soon... [NOTE: If you're new you can also start with the START HERE tab above]
7-2-2020 Newshound Guru MilitiaMan ...They have to raise the exchange rate of the dinar, not the dollar and this is where we are at...they've been telling us and telling us and telling us and we're just waiting and waiting and waiting but the fact remains is now they're at the precipice. They don't have money to pay the salaries. They said they were going to do it. ...the pressure is so hard on them to get this done it's probably unbelievable...that's why I've been focused to some degree on these next couple of days to see what they do. Typically they're gonna have to have an excuse when they don't pay these people...they need to raise the value of the exchange rate.
7-2-2020 Newshound Guru Jeff Article: "The Central Bank Announces Financial Assistance with 3-month salary insurance and talks about the date for the June wage payment" ...this level of news right now is walking you into September ...the rate change is married to a budget so if you follow the movement of the money you can piece this together...we need to see when that budget goes into effect because the budget and the rate change are married together... they're showing you they're tentatively walking you into September. I'm not giving you a date I'm just giving you an approximate generic information that they're bringing fourth - trying to help you decode this and put the puzzle pieces together...
7-2-2020 Intel Guru MarkZ [via PDK] I am still being told by bank contacts, that as frustrating as it is…they are still told that over the next 5 days now, to be prepared and on call to come in at any moment.
7-2-2020 Newshound Guru Kaperoni A lot of what has been occurring in the last few weeks has been addressed several times in the past by the World Bank and the IMF. So this is all good news that they are finally taking the steps necessary.
7-2-2020 Newshound Guru Pimpy ...I have a feeling this is going to be a really big month for us. There's a lot of things that are popping up that seem to be pointing to this month being a big month. What that means exactly? I'm not sure. There's a lot of speculation...Al-Kazemi is supposed to come here to meet with Pompeo and the president. I told you one of the biggest announcements that we're hoping to hear, and they do it out in the rose garden, is that Trump is encouraging the international community to restore the sovereignty of Iraq for them to be recognized and embraced buy the International community. And he announce the lifting of the restrictions on the currency and that allows it to start trading on the Forex. That's what we're watching for. That's what we're hoping for.
7-2-2020 Intel Guru Delta ...the exchange rate is one of the pillars or economic reform. You can not bring investors in, you cannot have liquidity, you can't have any trust in your country if you don't raise the value first. And all of us know that...everybody knows that the exchange rate is going to change no matter what and the Prime Minister did agree to that...
7-2-2020 Newshound Guru Breitling ...Take for example the United States and Mexico. How much is their peso worth. Look at Canada...If Iraq is international they could have a huge high price. But if they're going to be local for right now, regional, then they can't go that high...Let's say their markets are going to be regional and they do add value to their currency it helps them get to international markets. Well if they're in international markets and it becomes more and more dependent on international markets you're going to see the value of the currency keep going up...If it's regional...they're never going to get past a buck... [Post 2 of 2]
7-2-2020 Newshound Guru Breitling ...they're worried about regionally having a currency that's valued too high. The pressure cooker they're in is that they need to add value to their currency otherwise they're going to go broke. If they add too much value to their currency they are going to go broke. That's just the reality. But what people don't understand is that other countries are in the same position...Iraq basically told everybody they want to get the value of their currency to $3.25. [Wait a minute, you just said if their currency is too high in that region they are going to get their asses handed to them.] That's true. But if their currency was a global currency, then it wouldn't matter would it... [Post 1 of 2....stay tuned]
7-2-2020 Intel Guru Delta ...There's two big events...one of them is July 15th which we believe is the last day for Allaq the governor of the CBI should be removed and replaced...Unless the Prime Minister...extends his duties. The other one, we all know, that July 24th the Prime Minister is invited to visit the White House...logic says if this is the case, you will come to the U.S. you have to come up after the fact so they can congratulate you...we do believe that according to around that time period we should see something in our opinion...
7-2-2020 Intel Guru Bruce ...This is a tax free exchange – you should not be taxed on any part of this exchange – where you will be taxed is on the “income” – called “passive income” which is earned from the “interest” that is paid on your account – you will create an income stream from your mother lode account that in my case will spill over into a spillover account... [NOTE: Other gurus suggest any money made on dinars will be taxed in the United States as "ordinary income" - several other tax possibilities have floated around the community too. In the tax realm the only opinion that matters is the IRS. So speak with your tax professional and/or IRS at the appropriate time about this and other tax possibilities.]
7-2-2020 Newshound Guru Adam Montana The new PM Kazzamie is operating efficiently and effectively. We are going to hear some distractions and criticisms, but he is doing a great job in my opinion.
7-2-2020 Newshound Guru Pimpy [Quick dinar history overview for newbies] ...they dropped the value of the dinar very very low. Right now for one dollar you can buy 1190 Iraqi dinar if you can find them. What people are doing is they're storing up on them waiting for the currency to be reinstated to its rate of $3.22. There's people out there that's been waiting 12, 15, 16 years...some people are frustrated so now they have no faith in them and you'll hear them talk crap from time to time and say this is a scam. That's fine everybody has their opinion...the whole purpose of the Iraqi dinar news...is me explaining to you why I think it's real and in what it is we're looking for that tells us...its rate is about to be reinstated... we've been patiently waiting for the rate to be reinstated and we have reason to believe that's gonna happen very very soon... [NOTE: If you're new you can also start with the START HERE tab above]
7-2-2020 Newshound Guru MilitiaMan ...They have to raise the exchange rate of the dinar, not the dollar and this is where we are at...they've been telling us and telling us and telling us and we're just waiting and waiting and waiting but the fact remains is now they're at the precipice. They don't have money to pay the salaries. They said they were going to do it. ...the pressure is so hard on them to get this done it's probably unbelievable...that's why I've been focused to some degree on these next couple of days to see what they do. Typically they're gonna have to have an excuse when they don't pay these people...they need to raise the value of the exchange rate.
7-2-2020 Newshound Guru Jeff Article: "The Central Bank Announces Financial Assistance with 3-month salary insurance and talks about the date for the June wage payment" ...this level of news right now is walking you into September ...the rate change is married to a budget so if you follow the movement of the money you can piece this together...we need to see when that budget goes into effect because the budget and the rate change are married together... they're showing you they're tentatively walking you into September. I'm not giving you a date I'm just giving you an approximate generic information that they're bringing fourth - trying to help you decode this and put the puzzle pieces together...
7-2-2020 Intel Guru MarkZ [via PDK] I am still being told by bank contacts, that as frustrating as it is…they are still told that over the next 5 days now, to be prepared and on call to come in at any moment.
7-2-2020 Newshound Guru Kaperoni A lot of what has been occurring in the last few weeks has been addressed several times in the past by the World Bank and the IMF. So this is all good news that they are finally taking the steps necessary.
7-2-2020 Newshound Guru Pimpy ...I have a feeling this is going to be a really big month for us. There's a lot of things that are popping up that seem to be pointing to this month being a big month. What that means exactly? I'm not sure. There's a lot of speculation...Al-Kazemi is supposed to come here to meet with Pompeo and the president. I told you one of the biggest announcements that we're hoping to hear, and they do it out in the rose garden, is that Trump is encouraging the international community to restore the sovereignty of Iraq for them to be recognized and embraced buy the International community. And he announce the lifting of the restrictions on the currency and that allows it to start trading on the Forex. That's what we're watching for. That's what we're hoping for.
7-2-2020 Intel Guru Delta ...the exchange rate is one of the pillars or economic reform. You can not bring investors in, you cannot have liquidity, you can't have any trust in your country if you don't raise the value first. And all of us know that...everybody knows that the exchange rate is going to change no matter what and the Prime Minister did agree to that...
7-2-2020 Newshound Guru Breitling ...Take for example the United States and Mexico. How much is their peso worth. Look at Canada...If Iraq is international they could have a huge high price. But if they're going to be local for right now, regional, then they can't go that high...Let's say their markets are going to be regional and they do add value to their currency it helps them get to international markets. Well if they're in international markets and it becomes more and more dependent on international markets you're going to see the value of the currency keep going up...If it's regional...they're never going to get past a buck... [Post 2 of 2]
7-2-2020 Newshound Guru Breitling ...they're worried about regionally having a currency that's valued too high. The pressure cooker they're in is that they need to add value to their currency otherwise they're going to go broke. If they add too much value to their currency they are going to go broke. That's just the reality. But what people don't understand is that other countries are in the same position...Iraq basically told everybody they want to get the value of their currency to $3.25. [Wait a minute, you just said if their currency is too high in that region they are going to get their asses handed to them.] That's true. But if their currency was a global currency, then it wouldn't matter would it... [Post 1 of 2....stay tuned]
7-1-2020 Guest Guru Petra ...all the effort. All the work. All the development. All the mechanisms. Everything that's been done. Everything that we await. Can it be done without a change in the rate? It can't. Everything we're talking about here is critical...Every single thing we've been talking about the last several weeks must have a rate change for it to be engaged...it's a time bomb and it's ticking down...
7-1-2020 Intel Guru Footforward I realize it's July 1st. The RV still hasn't manifested in the natural yet. I'm not upset or discouraged. At all. I still believe we are in the timeline. That's my opinion. Right now, things with the dinar, are going how they are supposed to go. We aren't off course...we are right where we are supposed to be...
7-1-2020 Intel Guru Bruce ...I’ve had times before – I’ve probably put them out many times...before – so what makes this different? What really makes it different is the position that the whole system is in to begin to release...We are up against some kind of time line here – whereby we should get started... What about the rate changes? There have been some rates that have changed – we’ve heard about them from Forex people that they’re seeing Dinar and Dong in really good rates on the forex...What my understanding is...we’re going to get this party started...
7-1-2020 Intel Guru Walkingstick [via Frank26] ...the meeting they had between the CBI and the Fab 4 they were discussing on how to make the IQD equal to the value of the USD. What is the value of the USD? About $1.19. So the USD is actually more than 1 dollar...that's the reason why they're not going to introduce fractional banking at the beginning and they're going to round it off to one to one. Their goal now is they are going to put the IQD on par with the USD. That's 1 to 1...the float will come in later...
7-1-2020 Intel Guru Frank26 ...the intricacies of what can happen are complex. We've taken you to the point of where it's at now. It's coming up to on par 1 to 1 with the American dollar. They say so. What happens after that? ...You think it's been difficult up to this point? Just sitting having to wait? That's all you had to do...it's gonna get even harder now. For you to keep this money when you don't even know how to deal with money - good luck...don't you ever let your dinars out of your sight. Never.
7-1-2020 Newshound Guru Pimpy Looks like the dinar rate is in review. Article: "The National Business Council calls for a review of the exchange rate based on the impact of the oil price decline". I told you I seen some minutes between the IMF with the Central Bank of Iraq...the Government of Iraq wanted their exchange rate reinstated at $3.22...the IMF along with the Central Bank of Iraq was saying no that would be too big of a shock to the economy and they wanted something around $1.13 to $1.34. The reason is they wanted a sweet spot. They wanted it to be high enough where they had more purchasing power but they wanted it low enough where they could be competitive against other countries importing and exporting...I thought that's what the rate would be...nonetheless it looks like it's going to be reviewed. This looks like what we were hoping for...
7-1-2020 Newshound Guru Adam Montana These Weekly updates are getting more and more fun for me, because Iraq is moving faster and faster. The proof is coming daily, hourly...we are looking at an HCL move soon, and that's about all we need right now! Article quote: "this week or next week may witness the return of the Kurdish delegation to Baghdad again in order to complete negotiations and dialogues with a view to resolving all outstanding contentious issues between the two sides," noting that "the two sides are still working to solve the oil and customs issue and Kurdistan's share of the federal budget." That doesn't say "HCL tomorrow, RV by Friday"... but it's pretty darn close! ...hang tight...we are closing in... Go Iraq, go HCL, GO RV!!!
7-1-2020 Intel Guru MarkZ What I received from bankers is nobody received dollars or were able to keep their appointments last night...they are being told it will now roll out over the next 6 days. They are being told to stay on call and could be called at any moment over the next 6 days...there is a lot of activity. I have always said that none of us know the exact timing, nor are we supposed to for security reasons. I still believe we are very close. The next 6 days could absolutely see it. I am keeping my phone close.
7-1-2020 Newshound Guru MilitiaMan ...they don't have any money...But they can get their money if they do what? If they raise the value of the currency...
7-1-2020 Newshound Guru Kaperoni Iraq has a lot of work to do but certainly there is promising developments. Opening their economy, creating a private sector, an encouraging foreign investment are the key ingredients to their success under the current circumstances. They seem to be aggressively trying to fix it.
7-1-2020 Newshound Guru Breitling ...they are looking at how to tackle the financial problem they have inside of Iraq. They looked at the reserve and they said, 'they probably could take out 11 billion dollars worth of the reserve and not really hurt the value of the currency and to be able to fix some of our problems.' But you have a completely different group saying 'you don't need to do that. Let's protect our reserve. Add value to our currency. And invest in the Western markets.'...these guys will never give you rates...they'll always avoid giving some sort of rate...you and I know what they need for the budget - for it to succeed. My projected budget for what they needed at $53 to $56 a barrel was about 56 cents to the dollar. Now it's about .63 cents to the U.S. dollar...see the trend? It's going up...
7-1-2020 Intel Guru MarkZ [What about the dong rate? Still.47 cents to $2?] That is something that has just changed. I am now hearing that the dong could come out at right around the $1 mark for the street rate and then up to $2 or so for the contract rate.
7-1-2020 Intel Guru Footforward I realize it's July 1st. The RV still hasn't manifested in the natural yet. I'm not upset or discouraged. At all. I still believe we are in the timeline. That's my opinion. Right now, things with the dinar, are going how they are supposed to go. We aren't off course...we are right where we are supposed to be...
7-1-2020 Intel Guru Bruce ...I’ve had times before – I’ve probably put them out many times...before – so what makes this different? What really makes it different is the position that the whole system is in to begin to release...We are up against some kind of time line here – whereby we should get started... What about the rate changes? There have been some rates that have changed – we’ve heard about them from Forex people that they’re seeing Dinar and Dong in really good rates on the forex...What my understanding is...we’re going to get this party started...
7-1-2020 Intel Guru Walkingstick [via Frank26] ...the meeting they had between the CBI and the Fab 4 they were discussing on how to make the IQD equal to the value of the USD. What is the value of the USD? About $1.19. So the USD is actually more than 1 dollar...that's the reason why they're not going to introduce fractional banking at the beginning and they're going to round it off to one to one. Their goal now is they are going to put the IQD on par with the USD. That's 1 to 1...the float will come in later...
7-1-2020 Intel Guru Frank26 ...the intricacies of what can happen are complex. We've taken you to the point of where it's at now. It's coming up to on par 1 to 1 with the American dollar. They say so. What happens after that? ...You think it's been difficult up to this point? Just sitting having to wait? That's all you had to do...it's gonna get even harder now. For you to keep this money when you don't even know how to deal with money - good luck...don't you ever let your dinars out of your sight. Never.
7-1-2020 Newshound Guru Pimpy Looks like the dinar rate is in review. Article: "The National Business Council calls for a review of the exchange rate based on the impact of the oil price decline". I told you I seen some minutes between the IMF with the Central Bank of Iraq...the Government of Iraq wanted their exchange rate reinstated at $3.22...the IMF along with the Central Bank of Iraq was saying no that would be too big of a shock to the economy and they wanted something around $1.13 to $1.34. The reason is they wanted a sweet spot. They wanted it to be high enough where they had more purchasing power but they wanted it low enough where they could be competitive against other countries importing and exporting...I thought that's what the rate would be...nonetheless it looks like it's going to be reviewed. This looks like what we were hoping for...
7-1-2020 Newshound Guru Adam Montana These Weekly updates are getting more and more fun for me, because Iraq is moving faster and faster. The proof is coming daily, hourly...we are looking at an HCL move soon, and that's about all we need right now! Article quote: "this week or next week may witness the return of the Kurdish delegation to Baghdad again in order to complete negotiations and dialogues with a view to resolving all outstanding contentious issues between the two sides," noting that "the two sides are still working to solve the oil and customs issue and Kurdistan's share of the federal budget." That doesn't say "HCL tomorrow, RV by Friday"... but it's pretty darn close! ...hang tight...we are closing in... Go Iraq, go HCL, GO RV!!!
7-1-2020 Intel Guru MarkZ What I received from bankers is nobody received dollars or were able to keep their appointments last night...they are being told it will now roll out over the next 6 days. They are being told to stay on call and could be called at any moment over the next 6 days...there is a lot of activity. I have always said that none of us know the exact timing, nor are we supposed to for security reasons. I still believe we are very close. The next 6 days could absolutely see it. I am keeping my phone close.
7-1-2020 Newshound Guru MilitiaMan ...they don't have any money...But they can get their money if they do what? If they raise the value of the currency...
7-1-2020 Newshound Guru Kaperoni Iraq has a lot of work to do but certainly there is promising developments. Opening their economy, creating a private sector, an encouraging foreign investment are the key ingredients to their success under the current circumstances. They seem to be aggressively trying to fix it.
7-1-2020 Newshound Guru Breitling ...they are looking at how to tackle the financial problem they have inside of Iraq. They looked at the reserve and they said, 'they probably could take out 11 billion dollars worth of the reserve and not really hurt the value of the currency and to be able to fix some of our problems.' But you have a completely different group saying 'you don't need to do that. Let's protect our reserve. Add value to our currency. And invest in the Western markets.'...these guys will never give you rates...they'll always avoid giving some sort of rate...you and I know what they need for the budget - for it to succeed. My projected budget for what they needed at $53 to $56 a barrel was about 56 cents to the dollar. Now it's about .63 cents to the U.S. dollar...see the trend? It's going up...
7-1-2020 Intel Guru MarkZ [What about the dong rate? Still.47 cents to $2?] That is something that has just changed. I am now hearing that the dong could come out at right around the $1 mark for the street rate and then up to $2 or so for the contract rate.
6-30-2020 Intel Guru RayRen98 Today June 30, 2020, the employees salaries were not paid. TV reporting sources in the CBI reveals a development that will allow the distribution of the June salaries within 2 days. A source pointed out that the ministry will start tomorrow, Wednesday, to send a notice to banks to gradually release the salaries of employees in ministries, government departments. The Parliamentary Finance Committee said earlier today, Tuesday, that the government’s financial liquidity to pay the salaries of employees is available, stressing at the same time that the ministry did not send a directive to banks to pay salaries.
6-30-2020 Intel Guru Delta ...There's no question about this family. We got finally the right person to the right place and at the same time everybody understands right now in Iraq that they have to open internationally. They have to open the market economy and so many talks right now about the exchange rate....5, 6, 7 years ago we used to wish to have this kind of talk everyday about the exchange rate. This is the first time you've seen in the last 5 or 6 months they're talking about the exchange rate and they're realizing right now that this is very important for them...there's no way around it. Increasing the value has to take place...nobody knows the date. Nobody knows the rate...We know that we can increase the rate...but here's the question - When do they need to do this? ...the sooner the better for them to do it because even if they raise the value that doesn't mean they're going to solve the problem right away. It's going to take some time...it could really happen at any moment in our opinion.
6-30-2020 Guest Guru Petra Article: "Parliamentary Finance show the reason for delaying the paying of salaries for the month of June". They very clearly state why they didn't pay salaries and that's because they don't have any money to do so...if the vault is empty you can't pay your bill. Very straightforward. They've got to make a move here pretty quick in order to solve that problem.
6-30-2020 Newshound Guru MilitiaMan ...the whole process here is coming to a head...the National Business Council calling for a review of the exchange rate. And then you have the government close to sending the economic reform law to parliament. And we had some other things converging that get us to this stage - an ongoing dialogue with the Kurdistan region. All those things coming together is important because they all will meet and mean one thing and they all support the focus - going to a market economy...the focus of going to a market economy is the purpose and to get to the market economy...you're not going to get to a market economy with a program rate...all these things are coming...around fast and furious right at us...
6-30-2020 Newshound Guru Kaperoni There is so much news happening in Iraq over the past few weeks pertaining to the financial system as well as trying to create a private sector. They have many laws still to pass but things are moving at a very good pace. If things keep going at this rate it's almost as if Iraq is trying to make up for the last 10 years in the next few months. We'll just have to watch and see how it unfolds.
6-30-2020 Intel Guru Frank26 ...there's a reason they have not paid their salaries yet...there's a reason why they have this economic reform law coming out...there's a reason why the border are being taken care of...why loan are being installed...dear god look at what they're doing...the biggest thing is they have no liquidity. Has anyone lent them any money? No. Has any of the investment money come in yet? No. They got no liquidity. They're barely making it and they have done everything "on this [poker] hand" that was dealt to them. It's time for them to call, show the cards and raise the value. Everybody gets paid. That's why all these countries are sitting there and still coming in. Still investing...
6-30-2020 Intel Guru Footforward [Do you think we will be able to exchange with Canadian Banks?...Once international we should be able to exchange at Canadian Banks I would think?] I believe we will be able to cash out at banks in Canada.
6-30-2020 Intel Guru MarkZ Mine [contacts] are squarely still looking at this evening. I was not expecting movement overnight last night…I am expecting movement late this afternoon. As far as the bankers are concerned “Today is the GO DAY”... If it isn’t I think those bankers will buy us the pitchforks, torches and yellow vests if it does not go this evening. They are sitting there…ready…right now. Huge anticipation for the next 24 hours. There is an enormous amount of anticipation today…especially on the Iraqi front. I messaged with contacts over there in the wee hours this morning and they also have expectations of it going overnight there tonight... so cross your fingers guys and say your prayers... Hopefully we will wake up to a whole new world tomorrow.
6-30-2020 Newshound Guru Breitling ...There's two options on the table. To withdraw from the reserve or to add value to the currency. That's the main debate going on. So some of these guys in parliament are are like, 'let me get this straight, so if it's not $66 per barrel [oil] we're getting our asses kicked financially domestically inside of Iraq. But if we add value to our currency not only do we get to keep our reserve but if we get it high enough we can pay all of our salaries? There's actually a debate on whether we are going to use our reserve or add value to our currency?' That's how ridiculous it is...
6-30-2020 Newshound Guru Jeff ...the reason the rate hasn't changed is because the U.S. is requiring them to have stability. The stability for Iraq means them being able to work together and getting things done together. Since the beginning of last year they have not been able to form a government revealing to the world that they're not able to work together. Right now they still have to finish what's IMO the two items...the rate change is waiting on - would be these "special grades". The independent bodies is for the formation of the government. One of these as an example would be the Central Bank Governor. That's why his proxy term is only right now valid through July 15th. That's when he's out. The other item is the oil/budget numbers agreement between Kurdistan and Baghdad...both are now very close to being done within the next two weeks...
6-30-2020 Intel Guru MarkZ About Zim exchanges...there is a lot of mis-information being put out on purpose. There is a lot of intel people being fed mis-information. I am not worried about the Zim…. I believe its real. I have 2 big attorney’s who tell me it’s still very real… Do not listen to the people who say it isn’t…do not turn into Chicken Little and run around thinking the sky is falling. There are people being paid to give false information out…that is a fact.
6-30-2020 Intel Guru Delta ...There's no question about this family. We got finally the right person to the right place and at the same time everybody understands right now in Iraq that they have to open internationally. They have to open the market economy and so many talks right now about the exchange rate....5, 6, 7 years ago we used to wish to have this kind of talk everyday about the exchange rate. This is the first time you've seen in the last 5 or 6 months they're talking about the exchange rate and they're realizing right now that this is very important for them...there's no way around it. Increasing the value has to take place...nobody knows the date. Nobody knows the rate...We know that we can increase the rate...but here's the question - When do they need to do this? ...the sooner the better for them to do it because even if they raise the value that doesn't mean they're going to solve the problem right away. It's going to take some time...it could really happen at any moment in our opinion.
6-30-2020 Guest Guru Petra Article: "Parliamentary Finance show the reason for delaying the paying of salaries for the month of June". They very clearly state why they didn't pay salaries and that's because they don't have any money to do so...if the vault is empty you can't pay your bill. Very straightforward. They've got to make a move here pretty quick in order to solve that problem.
6-30-2020 Newshound Guru MilitiaMan ...the whole process here is coming to a head...the National Business Council calling for a review of the exchange rate. And then you have the government close to sending the economic reform law to parliament. And we had some other things converging that get us to this stage - an ongoing dialogue with the Kurdistan region. All those things coming together is important because they all will meet and mean one thing and they all support the focus - going to a market economy...the focus of going to a market economy is the purpose and to get to the market economy...you're not going to get to a market economy with a program rate...all these things are coming...around fast and furious right at us...
6-30-2020 Newshound Guru Kaperoni There is so much news happening in Iraq over the past few weeks pertaining to the financial system as well as trying to create a private sector. They have many laws still to pass but things are moving at a very good pace. If things keep going at this rate it's almost as if Iraq is trying to make up for the last 10 years in the next few months. We'll just have to watch and see how it unfolds.
6-30-2020 Intel Guru Frank26 ...there's a reason they have not paid their salaries yet...there's a reason why they have this economic reform law coming out...there's a reason why the border are being taken care of...why loan are being installed...dear god look at what they're doing...the biggest thing is they have no liquidity. Has anyone lent them any money? No. Has any of the investment money come in yet? No. They got no liquidity. They're barely making it and they have done everything "on this [poker] hand" that was dealt to them. It's time for them to call, show the cards and raise the value. Everybody gets paid. That's why all these countries are sitting there and still coming in. Still investing...
6-30-2020 Intel Guru Footforward [Do you think we will be able to exchange with Canadian Banks?...Once international we should be able to exchange at Canadian Banks I would think?] I believe we will be able to cash out at banks in Canada.
6-30-2020 Intel Guru MarkZ Mine [contacts] are squarely still looking at this evening. I was not expecting movement overnight last night…I am expecting movement late this afternoon. As far as the bankers are concerned “Today is the GO DAY”... If it isn’t I think those bankers will buy us the pitchforks, torches and yellow vests if it does not go this evening. They are sitting there…ready…right now. Huge anticipation for the next 24 hours. There is an enormous amount of anticipation today…especially on the Iraqi front. I messaged with contacts over there in the wee hours this morning and they also have expectations of it going overnight there tonight... so cross your fingers guys and say your prayers... Hopefully we will wake up to a whole new world tomorrow.
6-30-2020 Newshound Guru Breitling ...There's two options on the table. To withdraw from the reserve or to add value to the currency. That's the main debate going on. So some of these guys in parliament are are like, 'let me get this straight, so if it's not $66 per barrel [oil] we're getting our asses kicked financially domestically inside of Iraq. But if we add value to our currency not only do we get to keep our reserve but if we get it high enough we can pay all of our salaries? There's actually a debate on whether we are going to use our reserve or add value to our currency?' That's how ridiculous it is...
6-30-2020 Newshound Guru Jeff ...the reason the rate hasn't changed is because the U.S. is requiring them to have stability. The stability for Iraq means them being able to work together and getting things done together. Since the beginning of last year they have not been able to form a government revealing to the world that they're not able to work together. Right now they still have to finish what's IMO the two items...the rate change is waiting on - would be these "special grades". The independent bodies is for the formation of the government. One of these as an example would be the Central Bank Governor. That's why his proxy term is only right now valid through July 15th. That's when he's out. The other item is the oil/budget numbers agreement between Kurdistan and Baghdad...both are now very close to being done within the next two weeks...
6-30-2020 Intel Guru MarkZ About Zim exchanges...there is a lot of mis-information being put out on purpose. There is a lot of intel people being fed mis-information. I am not worried about the Zim…. I believe its real. I have 2 big attorney’s who tell me it’s still very real… Do not listen to the people who say it isn’t…do not turn into Chicken Little and run around thinking the sky is falling. There are people being paid to give false information out…that is a fact.
6-29-2020 *** Dinar Guru News FLASH *** One guru is reporting that Zimbabwe's currency may have RV'd/changed in value. Reports are sketchy but word is local banks that deal in currency exchange will exchange Zim notes for a newer Zim note. They'll then exchange THAT note for your local currency. If you're in the United States that would be the U.S. dollar. As for the rate...reports are people are making thousands on their investment not millions - a solid return. If you own Zim and exchange please contact me above and share your experience. Stay tuned as this story unfolds and the other gurus chime in on how this impacts the dinar. The latest guru posts will continue below...
6-29-2020 Intel Guru RayRen98 I BELIEVE...THAT "IN THE COMING DAYS" ARE DEFINITELY COMING! $$$$$$$$ MAKE SURE YOUR SEATBELT IS "STILL" FASTENED.
6-29-2020 Intel Guru MarkZ [via PDK] A lot of positioning over the weekend...There was a lot of paperwork updated over the weekend... I cannot find anybody with actual dollars yet though. But they are being told it will be this week. There is a lot of really good chatter right now. There are many appointments set for tomorrow now. Iraqi connections are still very hopeful they will see a new rate by Wednesday. There is a great deal of mis-information right now being purposely sown to everyone…makes us think we are very close.
6-29-2020 Newshound Guru Breitling ...what's the definition of a "white paper"? There's absolutely nothing official about it at all. I've written many of them. I've coached individual on how to put them together...There's absolutely nothing official about it at all...having said that...we are there...because things have changed...we are in an even better spot even with oil prices going up...I can't stress enough about the position you are in. It's a very very good spot...
6-29-2020 Newshound Guru MilitiaMan Article quote: "...The Governor of the Central Bank of Iraq, Ali Mohsen Ismail, instructed to bear the costs of the Zakaria citizen’s operation within the Tamkeen initiative sponsored by the Iraqi Central Bank and Iraqi banks.” Get ready folks.. This is all about going international and bringing in the PRIVATE SECTOR! OH YA!!! ...WOW...
6-29-2020 Newshound/Intel Guru Randy Koonce Iraq is finally ready to be DONE! The US and the IMF wanted them to get the borrowing law ready. The articles coming out have also been saying that this is done. It appears that Iraq has now done what everyone wanted done, and there is nothing left to be done. Except. . .The Rate. The date. ...With the Covid out there, there might be a few extra challenges in the exchange process, so be sure and call your bank, make an appointment, and ask them what their requirements are for coming in. All of the major banks will exchange for us, but it might take a bit of extra planning. Just stay calm. Be polite. Breathe...Do not give your dinar to anyone except a bank. Get professional advice...It has been a journey none of us ever expected, but we should all be grateful to have been included in it. Check www.cbi.iq every day to see if it has changed...[You can always find the latest official CBI rate is listed on the left side of this page.] [post 2 of 2]
6-29-2020 Newshound/Intel Guru Randy Koonce How are you makin it. Well, once again, we have had another long pause since I last gave an update to everyone. But, we have just now had a window open up, giving us another opportunity to finish up this investment. We are all weary...and none of us ever thought it would be this long. Many have asked me if I had gotten out. The answer is: NO!! I have not sold my dinar. And I have not exchanged any dinar...I am writing this letter to let everyone know - we have another window opening up. And this time, it is my opinion that the window will remain open until . . . we are done. "At least, if ALL the political parties keep playing nice." The story of this journey would make the greatest political thriller novel of all time! This time, it looks like the HCL is nearly done. If you have been keeping up with the articles coming out recently, then you know that Iraq has been signaling that they are going to pay people. And in the last week, they have let us know that the census that has been finished recently is on employees who will get paid. So what that means is . . . [post 1 of 2....stay tuned]
6-29-2020 Intel Guru MarkZ [via PDK] A lot of positioning over the weekend...There was a lot of paperwork updated over the weekend... I cannot find anybody with actual dollars yet though. But they are being told it will be this week. There is a lot of really good chatter right now. There are many appointments set for tomorrow now. Iraqi connections are still very hopeful they will see a new rate by Wednesday. There is a great deal of mis-information right now being purposely sown to everyone…makes us think we are very close.
6-29-2020 Newshound Guru Breitling ...what's the definition of a "white paper"? There's absolutely nothing official about it at all. I've written many of them. I've coached individual on how to put them together...There's absolutely nothing official about it at all...having said that...we are there...because things have changed...we are in an even better spot even with oil prices going up...I can't stress enough about the position you are in. It's a very very good spot...
6-29-2020 Newshound Guru MilitiaMan Article quote: "...The Governor of the Central Bank of Iraq, Ali Mohsen Ismail, instructed to bear the costs of the Zakaria citizen’s operation within the Tamkeen initiative sponsored by the Iraqi Central Bank and Iraqi banks.” Get ready folks.. This is all about going international and bringing in the PRIVATE SECTOR! OH YA!!! ...WOW...
6-29-2020 Newshound/Intel Guru Randy Koonce Iraq is finally ready to be DONE! The US and the IMF wanted them to get the borrowing law ready. The articles coming out have also been saying that this is done. It appears that Iraq has now done what everyone wanted done, and there is nothing left to be done. Except. . .The Rate. The date. ...With the Covid out there, there might be a few extra challenges in the exchange process, so be sure and call your bank, make an appointment, and ask them what their requirements are for coming in. All of the major banks will exchange for us, but it might take a bit of extra planning. Just stay calm. Be polite. Breathe...Do not give your dinar to anyone except a bank. Get professional advice...It has been a journey none of us ever expected, but we should all be grateful to have been included in it. Check www.cbi.iq every day to see if it has changed...[You can always find the latest official CBI rate is listed on the left side of this page.] [post 2 of 2]
6-29-2020 Newshound/Intel Guru Randy Koonce How are you makin it. Well, once again, we have had another long pause since I last gave an update to everyone. But, we have just now had a window open up, giving us another opportunity to finish up this investment. We are all weary...and none of us ever thought it would be this long. Many have asked me if I had gotten out. The answer is: NO!! I have not sold my dinar. And I have not exchanged any dinar...I am writing this letter to let everyone know - we have another window opening up. And this time, it is my opinion that the window will remain open until . . . we are done. "At least, if ALL the political parties keep playing nice." The story of this journey would make the greatest political thriller novel of all time! This time, it looks like the HCL is nearly done. If you have been keeping up with the articles coming out recently, then you know that Iraq has been signaling that they are going to pay people. And in the last week, they have let us know that the census that has been finished recently is on employees who will get paid. So what that means is . . . [post 1 of 2....stay tuned]
6-28-2020 Newshound Guru MilitiaMan Article: "Iraqi banks are waiting for a notice to launch salaries within 24 hours" They postponed the salaries for up to 24 hours... The government banks are awaiting a notice...One that is different than in the past...This imo sure looks like the agreement the Kurds have made and signed yesterday, in that they signed the comprehensive agreement, it suggests there was a need to adjust things for the electronic system to make payments...Keep in mind the adjustments at the borders are to have electronic adjustments in line by the 1st of July for shipping, border crossing, taxes, tariffs, fees, etc. Also take note that there will be a parliament session on Monday the 29th. The 2020 Budget is to be sorted by the 30th. The Kurds signing the comprehensive agreement yesterday, imo would have had the 2019 FMLA on the table. That 2019 FMLA is the mechanism or is imo the key to the RI. See the picture being painted? It surely looks promising this is coming to a head! imo It is all lining up! imo.
6-28-2020 Newshound Guru Kaperoni ...guru MarkZ thinks the CBI is stopping the auction. Wrong! ...it was stated yesterday that they're just going to clean up the corruption. The auctions will continue. And of course they have to under the current conditions.
6-28-2020 Newshound/Intel Guru Francis Albert I understand there's Dinar land excitement over Iraq 's PM going to Washington with the idea of Trump announcing Iraq 's National Sovereignty. And this may happen and of course is a good thing, and in now way is throwing a wet blanket on it helping the Dinar go International. This is good. But, please let's not believe that Iraq will ever be Sovereign. The war was about taking over the Country and doing a deal for cheap oil for a long, long time (oil credits), so you can say anything, but IMO U.S. runs the CBI and has Iraq on a leash until the people figure it out and kick U.S. out. So, whether it goes International at .10 or .86 or 1.00 the money, (dollars), that goes to currency investors will come from the oil, through the Treasury, through the banks that will monetize, (create), the dollars in exchange for the paper we have. It is the only possible way it can work.
6-28-2020 Intel Guru RayRen98 Weekend UPDATE...: On Saturday, Parliament stated that they have reform plans that will change the economy of Iraq and reiterating that all the reform plans will boost Iraq. These plans will be submitted within the next 3 months. Amir and Malaiki are on Iraqi TV trying to get the Shiites and the Sunnis to agree on dismissing PM Al-Kadhimi.
6-28-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance decision: Kurdistan has handed over its employee database to Baghdad...This is their exact number" Quote: "...this is what finally reached the signing of the comprehensive agreement..." ...This looks to be the comprehensive deal that is done now and what we have been waiting for...imo! Love it! imo It is timed right before the adjustments to be made at the borders with taxes, tariifs and fees that will be electronically monitored allocated accordingly...Wow...The timing is imo HUGE!! The HCL/2019 FMLA, salaries, etc, is in this...Wow!!
6-28-2020 Newshound Guru Kaperoni ...guru MarkZ thinks the CBI is stopping the auction. Wrong! ...it was stated yesterday that they're just going to clean up the corruption. The auctions will continue. And of course they have to under the current conditions.
6-28-2020 Newshound/Intel Guru Francis Albert I understand there's Dinar land excitement over Iraq 's PM going to Washington with the idea of Trump announcing Iraq 's National Sovereignty. And this may happen and of course is a good thing, and in now way is throwing a wet blanket on it helping the Dinar go International. This is good. But, please let's not believe that Iraq will ever be Sovereign. The war was about taking over the Country and doing a deal for cheap oil for a long, long time (oil credits), so you can say anything, but IMO U.S. runs the CBI and has Iraq on a leash until the people figure it out and kick U.S. out. So, whether it goes International at .10 or .86 or 1.00 the money, (dollars), that goes to currency investors will come from the oil, through the Treasury, through the banks that will monetize, (create), the dollars in exchange for the paper we have. It is the only possible way it can work.
6-28-2020 Intel Guru RayRen98 Weekend UPDATE...: On Saturday, Parliament stated that they have reform plans that will change the economy of Iraq and reiterating that all the reform plans will boost Iraq. These plans will be submitted within the next 3 months. Amir and Malaiki are on Iraqi TV trying to get the Shiites and the Sunnis to agree on dismissing PM Al-Kadhimi.
6-28-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance decision: Kurdistan has handed over its employee database to Baghdad...This is their exact number" Quote: "...this is what finally reached the signing of the comprehensive agreement..." ...This looks to be the comprehensive deal that is done now and what we have been waiting for...imo! Love it! imo It is timed right before the adjustments to be made at the borders with taxes, tariifs and fees that will be electronically monitored allocated accordingly...Wow...The timing is imo HUGE!! The HCL/2019 FMLA, salaries, etc, is in this...Wow!!
6-27-2020 Newshound Guru Pimpy this guy [PM Kazemi] is starting to become a hero for the Iraqi people. He really is. He seems to be really doing what's necessary to help out not only the Iraqi people but the Middle East in general...he is literally weaning out those Iranian puppets...this is a huge and bold move...for some strange reason Iran has been very very quiet about everything. I don't know what that means. I haven't been able to figure out why that is...why after all this hassle is Iran being so quiet? There's a weird part of me that thinks they're thinking, 'great once Biden is in then we'll do what we need to do. But until then let's remain quiet.' That's what's going through my head. We will see. Every day I keep seeing more and positive news that tells us that we're almost there...we are way closer than we've ever been before and something tells me there's more on the line of what's happened in Iraq here in the United State in regards to Trump's reelection.
6-27-2020 Intel Guru MarkZ ...None of the folks that had appointments yesterday received any funds…the appointments were all postponed. Some for over the weekend but most on Monday... There was no change of rate this morning in Iraq. I still feel it will be done before early July and we will have 120 days of disclosure before the elections...
6-27-2020 Newshound Guru Pimpy ...the bigger question is what is in the "white paperwork" that's coming to Washington? Everybody is buzzing about that. There's a lot of people assuming the rate change is in there. I don't want to throw that assumption there but it's kinda hard not to...there's a lot of reasons to believe that there really is...
6-27-2020 Newshound Guru Jeff ...they only extended Allaq's proxy which means temporary term as Central Bank Governor until July 15th. That could suggest to us that they might or maybe...giving him only until July 15th to commission and execute and complete the rate change...
6-27-2020 Newshound Guru Pimpy You're gonna see a Rose Garden Podium speech with Al-Kazemi and Trump and Trump is gonna say to the international community it's time to restore the sovereignty of Iraq so that the Iraq people can start moving ahead and rebuilding their country and by doing so we need to remove the restrictions off of their currency and it will once again be recognized internationally which means banks like Wells Fargo, Chase banks and other banks that deal with currency will then be able to either sell or buy from you the Iraqi dinar...we've been waiting for this...Iraq's national sovereignty - that is the key...it's about to happen. It definitely looks like it's about to happen... [Post 2 of 2]
6-27-2020 Newshound Guru Pimpy ...I told you guys things were starting to go and move at neck-breaking pace. Things are going really really good...We're that close IMO to the rate change happening for the Iraqi dinar...there's a push and I know I'm right about this...we see a lot of things happening at one time... Article: " Al - Kazemi on the strategic dialogue with America: It was confirmed for the first time the recognition of national sovereignty". Didn't I tell you what they needed to do? Did I not say they have to restore their sovereignty and then we need their currency to be recognized internationally? ...I'm telling you what's gonna happen is when they get here into the United States you're gonna see it... [post 1 of 2....stay tuned]
6-27-2020 Newshound/Intel Guru Mnt Goat The news this period is all about getting more pressure on the government (GOI) to assist the private sector to prosper and to get off oil as the sole source of revenues. Many articles telling us all kinds of rumors as to how they intend to find the salaries for June. These salaries are due next week. Will they have the money? NO – they are not borrowing from outside Iraq. Nor can they borrow any more internally either from the banks.
6-27-2020 Newshound Guru Adam Montana Article: "Kurdish deputy: Kurdistan Region delegations no longer ask Baghdad about the application of Article 140" [So Why Would The Kurds EVER ‘Give Up’ On Article 140 Under Any Circumstances ? Unless ‘Perhaps’ - That Particular Item Has Already Been Resolved And is no longer a problem!] If anyone is at all excited about what I had to say on Wednesday, I'm sure you're all DOUBLY excited about this stuff!
[Reference Adam Montana post 6-24-2020]
6-27-2020 Intel Guru MarkZ ...None of the folks that had appointments yesterday received any funds…the appointments were all postponed. Some for over the weekend but most on Monday... There was no change of rate this morning in Iraq. I still feel it will be done before early July and we will have 120 days of disclosure before the elections...
6-27-2020 Newshound Guru Pimpy ...the bigger question is what is in the "white paperwork" that's coming to Washington? Everybody is buzzing about that. There's a lot of people assuming the rate change is in there. I don't want to throw that assumption there but it's kinda hard not to...there's a lot of reasons to believe that there really is...
6-27-2020 Newshound Guru Jeff ...they only extended Allaq's proxy which means temporary term as Central Bank Governor until July 15th. That could suggest to us that they might or maybe...giving him only until July 15th to commission and execute and complete the rate change...
6-27-2020 Newshound Guru Pimpy You're gonna see a Rose Garden Podium speech with Al-Kazemi and Trump and Trump is gonna say to the international community it's time to restore the sovereignty of Iraq so that the Iraq people can start moving ahead and rebuilding their country and by doing so we need to remove the restrictions off of their currency and it will once again be recognized internationally which means banks like Wells Fargo, Chase banks and other banks that deal with currency will then be able to either sell or buy from you the Iraqi dinar...we've been waiting for this...Iraq's national sovereignty - that is the key...it's about to happen. It definitely looks like it's about to happen... [Post 2 of 2]
6-27-2020 Newshound Guru Pimpy ...I told you guys things were starting to go and move at neck-breaking pace. Things are going really really good...We're that close IMO to the rate change happening for the Iraqi dinar...there's a push and I know I'm right about this...we see a lot of things happening at one time... Article: " Al - Kazemi on the strategic dialogue with America: It was confirmed for the first time the recognition of national sovereignty". Didn't I tell you what they needed to do? Did I not say they have to restore their sovereignty and then we need their currency to be recognized internationally? ...I'm telling you what's gonna happen is when they get here into the United States you're gonna see it... [post 1 of 2....stay tuned]
6-27-2020 Newshound/Intel Guru Mnt Goat The news this period is all about getting more pressure on the government (GOI) to assist the private sector to prosper and to get off oil as the sole source of revenues. Many articles telling us all kinds of rumors as to how they intend to find the salaries for June. These salaries are due next week. Will they have the money? NO – they are not borrowing from outside Iraq. Nor can they borrow any more internally either from the banks.
6-27-2020 Newshound Guru Adam Montana Article: "Kurdish deputy: Kurdistan Region delegations no longer ask Baghdad about the application of Article 140" [So Why Would The Kurds EVER ‘Give Up’ On Article 140 Under Any Circumstances ? Unless ‘Perhaps’ - That Particular Item Has Already Been Resolved And is no longer a problem!] If anyone is at all excited about what I had to say on Wednesday, I'm sure you're all DOUBLY excited about this stuff!
[Reference Adam Montana post 6-24-2020]
6-25-2020 *** Dinar Guru News Update *** The inventory of the Iraqi dinar in the U.S. market continues to tighten up. Some brokers are struggling to keep it in stock. As expected during a supply shortage the price to buy the dinar has increased. The sell price has also increased. If you're buying or selling currency, be sure you use a reputable source and confirm they have dinar on hand to ship you. The guru have always said the supply of the dinar would dry up when the RV/rate change was near...It's unclear whether the shortage we're seeing now is because of Iraq's change in policy or corona related. Stay tuned as the gurus chime in on this important issue. The latest guru post will continue below...
6-26-2020 Newshound Guru Pimpy ...the news just keeps getting more and more exciting. I almost quit my job this morning. I'm not even kidding. I had to calm myself down. I'm so sure this is getting ready to happen I literally typed up my resignation letter and had it in the drafts getting ready to email my boss...I didn't send it thank God but I sure as hell was thinking about it...we need to come back to reality. It's hard not to feel this way...I can't comment on anything prior to 2018. My experience started at 2018 but just in my short period of time I don't think we've ever been so close to a rate change...last year we saw a lot of activities and we thought for sure it was gonna happen but that is nothing compared to where we are right now. So all those naysayers out there get ready because I have a feeling that we'll be able to laugh back at those naysayers and say see we told you so...
6-26-2020 Intel Guru Bruce [via WiserNow] ...There are things happening – definitely happening now...This thing can go at any time for us – even on Friday – even on a Saturday – so what I’m thinking is that we should stay tuned and see if this thing doesn’t pop – in the time frame I just suggested...we do know that rates are going to be good don’t worry about the rate...again – this is a moving target – but...things were moving forward for us and we believe we are on our way to getting started within 24 hours so that means we could set appointments and go on exchanges quite possibly tomorrow [Friday] or Saturday...
6-26-2020 Newshound Guru Jeff On July 24 Kazemi will be going to Washington to visit the Trump Administration to continue the strategic dialogs...It does appear they might only be keeping Allaq in position long enough to complete the rate change - the reinstatement...Allaq's temporary proxy position has only been extended through July 15.
6-26-2020 Newshound Guru Pimpy ...For a period of time they were spending per month 1 to 1.5 billion U.S. dollar to buy dinar off the open market. This went on for a very long time. In fact, the rumor is that they removed 72% of the currency that was in the open market out of the open market. Whatever they know that's out there they made sure...whatever rate they choose they have whatever it takes to back that up. We seem to be very very close...I think 2020 is our year.
6-26-2020 Intel Guru MarkZ [via PDK] There are a number of appointments slated today, over the weekend and Monday with some of the biggest whales and some of the biggest ministry groups. I have been looking at the first of July now for a couple of weeks…I really hope we are that close. Folks in Iraq still think they will get a new rate before July 1st. Foreign currency markets have dried up everywhere…i think that is a sign of us finally pulling into the station.
6-26-2020 Newshound Guru Vital Brad ..the Central Bank of Iraq - they put out a new article - looks pretty dang good. Article "Clarification of Foreign Reserves In The Central Bank of Iraq" They are saying whatever they revalue their currency at...they're going to be able to cover it and they are going to use the Iraqi dinar as the local currency...it's all worked out...that's incredible. They need to establish a rate. That's what this is saying...all the time that I've been researching this - to have an article like this where they're talking about the rate and international...it ain't over till the fat lady sings. But is it done? ...We have to keep being patient. Don't have a date. Don't have the rate but looks pretty dang good...
6-26-2020 Newshound Guru MilitiaMan Article: "Clarification on foreign reserves in the Central Bank of Iraq" Quote: "...the minimum value of foreign reserves that the monetary authority must possess and that is calculated according to internationally approved standards - represents the ability of the monetary authority to defend the local currency exchange rate"... This article ought to be one we all smile about... Because they are not doing this now at a program rate. imo.. They are gearing up to use the tools for a new exchange rate and it appears they are ready to act on a moments notice...imo...This is timed accordingly...
6-26-2020 Newshound Guru Pimpy ...people are saying they're finding it harder and harder to stay motivated about going into work because they feel like this thing's gonna happen any day...I'm in the same boat as you. But you can't allow that feeling to overwhelm you. My job has all of a sudden become, you know, I just can't feel motivated to go. That's because every day the news just keeps seeming better and better and it feels like we're getting closer. So I have to tell myself to snap out of it. I don't want you to start counting your chickens before they hatch...yes everything is looking good...but don't make any assumptions. I literally typed up my resignation letter because I can't feel motivated to go to work and that's really really bad. So hang tight. We'll ride this bad boy out and we'll see what happens. Trust me I can't wait...It looks so good, so much so that it is a little bit hard to feel motivated everyday to go to work. I feel you but don't quit yet.
6-26-2020 Intel Guru Bruce [via WiserNow] ...There are things happening – definitely happening now...This thing can go at any time for us – even on Friday – even on a Saturday – so what I’m thinking is that we should stay tuned and see if this thing doesn’t pop – in the time frame I just suggested...we do know that rates are going to be good don’t worry about the rate...again – this is a moving target – but...things were moving forward for us and we believe we are on our way to getting started within 24 hours so that means we could set appointments and go on exchanges quite possibly tomorrow [Friday] or Saturday...
6-26-2020 Newshound Guru Jeff On July 24 Kazemi will be going to Washington to visit the Trump Administration to continue the strategic dialogs...It does appear they might only be keeping Allaq in position long enough to complete the rate change - the reinstatement...Allaq's temporary proxy position has only been extended through July 15.
6-26-2020 Newshound Guru Pimpy ...For a period of time they were spending per month 1 to 1.5 billion U.S. dollar to buy dinar off the open market. This went on for a very long time. In fact, the rumor is that they removed 72% of the currency that was in the open market out of the open market. Whatever they know that's out there they made sure...whatever rate they choose they have whatever it takes to back that up. We seem to be very very close...I think 2020 is our year.
6-26-2020 Intel Guru MarkZ [via PDK] There are a number of appointments slated today, over the weekend and Monday with some of the biggest whales and some of the biggest ministry groups. I have been looking at the first of July now for a couple of weeks…I really hope we are that close. Folks in Iraq still think they will get a new rate before July 1st. Foreign currency markets have dried up everywhere…i think that is a sign of us finally pulling into the station.
6-26-2020 Newshound Guru Vital Brad ..the Central Bank of Iraq - they put out a new article - looks pretty dang good. Article "Clarification of Foreign Reserves In The Central Bank of Iraq" They are saying whatever they revalue their currency at...they're going to be able to cover it and they are going to use the Iraqi dinar as the local currency...it's all worked out...that's incredible. They need to establish a rate. That's what this is saying...all the time that I've been researching this - to have an article like this where they're talking about the rate and international...it ain't over till the fat lady sings. But is it done? ...We have to keep being patient. Don't have a date. Don't have the rate but looks pretty dang good...
6-26-2020 Newshound Guru MilitiaMan Article: "Clarification on foreign reserves in the Central Bank of Iraq" Quote: "...the minimum value of foreign reserves that the monetary authority must possess and that is calculated according to internationally approved standards - represents the ability of the monetary authority to defend the local currency exchange rate"... This article ought to be one we all smile about... Because they are not doing this now at a program rate. imo.. They are gearing up to use the tools for a new exchange rate and it appears they are ready to act on a moments notice...imo...This is timed accordingly...
6-26-2020 Newshound Guru Pimpy ...people are saying they're finding it harder and harder to stay motivated about going into work because they feel like this thing's gonna happen any day...I'm in the same boat as you. But you can't allow that feeling to overwhelm you. My job has all of a sudden become, you know, I just can't feel motivated to go. That's because every day the news just keeps seeming better and better and it feels like we're getting closer. So I have to tell myself to snap out of it. I don't want you to start counting your chickens before they hatch...yes everything is looking good...but don't make any assumptions. I literally typed up my resignation letter because I can't feel motivated to go to work and that's really really bad. So hang tight. We'll ride this bad boy out and we'll see what happens. Trust me I can't wait...It looks so good, so much so that it is a little bit hard to feel motivated everyday to go to work. I feel you but don't quit yet.
6-25-2020 Newshound Guru MilitiaMan Article: "Mechanism for opening government documentary credits with private banks" ...A Documentary credit or "Letter of Credit" is to facilitate trade payments internationally. They are used to make sure things are fair and run smooth. Being internationally accepted in the world requires countries to play on a level playing field... They cannot give out the international exchange rate with out properly announcing they are Article 8 compliant by actually raising the value of the exchange rate. So they use the example of the program rate. imo. Keep in mind they are telling us they are going to use the D/Cs [Documentary credit]. That means they are telling us they are about to change the value of the exchange rate to be internationally accepted and imo that will cease the Multi Currency Practices (MCPs) they have been using...So, the timing of this is by design...Telling us they are ready to go imo.
6-25-2020 Intel Guru MarkZ [Trump needs to get the RV done before the election...] I agree…I am looking at around 120 days before the election…this is before the 4th…which is coming up soon. I believe he will get the RV out before the election...
6-25-2020 Intel Guru Footforward ...I can't fathom why on Earth somebody would be talking about this going into 2021.
6-25-2020 Newshound/Intel Guru Mnt Goat I want everyone to understand today that there is NO positive proof that the CBI intends to revalue or reinstate the Iraqi dinar by the end of June or even in July. However, there are many signs that yet more progress has been made to clean up the corruption and pave the way for the eventual reinstatement and do it sooner than later...
6-25-2020 Intel Guru MarkZ [via PDK] We are still getting all kinds of chatter… but we are not out of the gate yet… [Whats the deal with Iraq? Auctions have stopped…how is Iraq living?] Without them auctioning their currency for US dollars they do not do well…that they have suspended those auctions lets you know how important it is that they change their value. This lets us know how close they are to RV. Even Shabibi said that at the end, close to the RV, they would stop their foreign currency auctions. This is big. They are trying to get dinar off the streets and limit the supply before they RV…
6-25-2020 Newshound Guru Pimpy [IFEX Investors' Question] The question was - if the conversion fees, buying from other countries and bringing it into Iraq it's gonna be very costly, the fees are going to be very high, the conversion fees are gonna be very high...and they're worried about inflation because if they start building in this nation that means you're going to need a lot more currency and if you have to keep pumping out more and more local currency, then that can cause inflation to go up. Of course the response was 'That should not a problem. We have a solution for that. Don't worry about that.' Along those lines. I don't want to tell you guys that they're talking about changing the rate but it sure the hell sounds like it...never in my life have I felt that we're closer to a rate change...
6-25-2020 Newshound Guru Kaperoni Does Iraq want to see the dinar go up in value? Of course they do but these conferences are all about inviting foreign investment to rebuild and create a private sector. Only then can the dinar begin to go up in value.
6-25-2020 Newshound Guru Pimpy Article "Iraq officially discloses the date for Al-Kazimi's visit to Washington" This is big man. I don't know why. Call me crazy it's just a vibe that I have. I don't know how to explain it but something tells me this visit is going to be the big visit. I think we're gonna see some great things... hopefully Trump himself gets into this meeting and what we find out is they're very happy about the progress that's been made and we restore the sovereignty of Iraq and remove all restrictions off their currency and allow them then to trade on the Forex...it'll change the rate of an Iraqi dinar if it gets on Forex. There has been a lot of really positive and good news. A lot of good positive vibes. I like what's going on. I'm excited about it...
6-25-2020 Intel Guru MarkZ [Trump needs to get the RV done before the election...] I agree…I am looking at around 120 days before the election…this is before the 4th…which is coming up soon. I believe he will get the RV out before the election...
6-25-2020 Intel Guru Footforward ...I can't fathom why on Earth somebody would be talking about this going into 2021.
6-25-2020 Newshound/Intel Guru Mnt Goat I want everyone to understand today that there is NO positive proof that the CBI intends to revalue or reinstate the Iraqi dinar by the end of June or even in July. However, there are many signs that yet more progress has been made to clean up the corruption and pave the way for the eventual reinstatement and do it sooner than later...
6-25-2020 Intel Guru MarkZ [via PDK] We are still getting all kinds of chatter… but we are not out of the gate yet… [Whats the deal with Iraq? Auctions have stopped…how is Iraq living?] Without them auctioning their currency for US dollars they do not do well…that they have suspended those auctions lets you know how important it is that they change their value. This lets us know how close they are to RV. Even Shabibi said that at the end, close to the RV, they would stop their foreign currency auctions. This is big. They are trying to get dinar off the streets and limit the supply before they RV…
6-25-2020 Newshound Guru Pimpy [IFEX Investors' Question] The question was - if the conversion fees, buying from other countries and bringing it into Iraq it's gonna be very costly, the fees are going to be very high, the conversion fees are gonna be very high...and they're worried about inflation because if they start building in this nation that means you're going to need a lot more currency and if you have to keep pumping out more and more local currency, then that can cause inflation to go up. Of course the response was 'That should not a problem. We have a solution for that. Don't worry about that.' Along those lines. I don't want to tell you guys that they're talking about changing the rate but it sure the hell sounds like it...never in my life have I felt that we're closer to a rate change...
6-25-2020 Newshound Guru Kaperoni Does Iraq want to see the dinar go up in value? Of course they do but these conferences are all about inviting foreign investment to rebuild and create a private sector. Only then can the dinar begin to go up in value.
6-25-2020 Newshound Guru Pimpy Article "Iraq officially discloses the date for Al-Kazimi's visit to Washington" This is big man. I don't know why. Call me crazy it's just a vibe that I have. I don't know how to explain it but something tells me this visit is going to be the big visit. I think we're gonna see some great things... hopefully Trump himself gets into this meeting and what we find out is they're very happy about the progress that's been made and we restore the sovereignty of Iraq and remove all restrictions off their currency and allow them then to trade on the Forex...it'll change the rate of an Iraqi dinar if it gets on Forex. There has been a lot of really positive and good news. A lot of good positive vibes. I like what's going on. I'm excited about it...
6-24-2020 Intel Guru MarkZ [via PDK] In Asia I got an overnight report that the street rate (Dong) was supposed to start at about .47 cents then let it float. Now I am hearing it will start at a 1 to 1 parity and then let it float...
6-24-2020 Intel Guru Bruce [via WiserNow] ...I believe it was...on Thursday or Friday we were already pointing toward early this week...So we came to find out...there’s still a little bit of clean up that was needed...my understanding is that took place already – so I feel as though we’re in position where this could go and we could get notified... So that points well for us over the next couple of days...Now I am not trying to call it...I’m just saying the information I have is pointing towards the next 48 hours... We are looking at very good rates – Don’t know what they are – I had an idea but they change –and so you’re going to be fine on that... I just feel like this thing is coming to an end...
6-24-2020 Newshound Guru MilitiaMan Article: "Parliamentary Economy: The white paper includes 3 stages, starting with the reform of niches and currency auctions" There is nothing at all bad with this openness in regard to pushing forward to a market economy. Stopping the auctions will force the mechanism to be applied.. That imo is the first step and it is a very important one!!! imo Looking so very good now...imo
6-24-2020 Intel Guru MarkZ [via PDK] [More can kicking?] I don’t think they are kicking it anymore…they seem to be full tilt getting it out the door...I think we are awfully close to “the boy who cried wolf” being right. I believe we are exceptionally close now. Do I think a day or two? I hope it is.
6-24-2020 Newshound Guru Pimpy ...in the foreign expo for Iraq, Allaq gave a speech...basically what he was saying was before we can go international (he was talking about the dinar) we have to make sure we have reform that makes everything stable internally. The economy needed to be stable. The banking needed to be stable. Pricing needed to be stable. Low and behold today guess what happens... Article: "The Central Bank of Iraq announces the success of its efforts to reform the economic environment and achieve stability in prices". This is why so many people feel like the dinar is going to happen this year - 2020...these things are exciting...this is great news...so if the stability locally is done, what does that mean for us internationally? It's looking good guys - really good. I have faith this thing is going to happen really soon...
6-24-2020 Newshound Guru Adam Montana We are looking at constant HCL news, constant mention of monetary change, constant clues that we are on the brink of a monumental event. I'm ready. There is just so much going on right now that smells like "HCL"... it's almost overwhelming. You can bet the gurus are going to be going nuts here pretty soon. Hang on to your hats, friends... stay grounded...and enjoy the ride. Go Kazzammie. Go HCL. GO RV. [post 2 of 2]
6-24-2020 Newshound Guru Adam Montana ...I made mention last week that we are in a great spot, and I was hoping to see some movement on the HCL. Article quotes: "The oil and gas law will be included in the upcoming sessions."; "the current government has a clear and ongoing project in the process of economic and financial reform"; "Al-Alaq, announced that the Central Bank of Iraq has succeeded in reforming the economic environment and stabilizing prices"; "The white paper includes 3 stages, starting with the reform of niches and currency auctions" And...seriously, it just kept going. There are times when I find it perfectly acceptable to be calm, sit back, and not get too excited. This is not that time. [post 1 of 2....stay tuned]
6-24-2020 Newshound Guru Don961 Article: "Parliamentary Economy: The white paper includes 3 stages, starting with the reform of niches and currency auctions" Quotes: "the economic white paper that the government intends to implement in the coming periods aims at a comprehensive reform of the economic system,"; "...the reformist white paper and its content...will be a road map for implementing a set of economic measures," noting that "calling it white because it is a new reform paper will be written in cooperation between the government and parliament away from the interference of political parties."
6-24-2020 Intel Guru Frank26 ...look what I did. I moved the decimal point over three places and by doing that I lifted 3 zeros electronically. Who has the power to do that? The CBI. With who? The Fab 4 because they give them the authority. The IMF, World Bank, The U.S. Treasury, The President of the United States...IMO the "white papers" contain a rate and a date...that was authorized...this is the reason why it's so hard to get the Iraqi dinar right now...2 and a half years ago did you notice that it was starting to get harder to get the dinar? Now can you find it? These places are drying up because of the monetary reform benchmarks that were met in order to have the white papers we have today... [Post 2 of 2]
6-24-2020 Intel Guru Frank26 ...my broker called me around 3:00 in the afternoon yesterday to say to me, 'Frank, we're putting a freeze on the selling of the Vietnamese dong.' And I said, really? We already have a freeze on the Iraqi dinar...the liquidity of this currency was accomplished as a benchmark in order for them to come out with the Real Effective Exchange Rate of the Iraqi dinar...the Iraqi dinar...exchange rate for it is .000869741 somewhere in that ball park...so when you take that decimal point and move it over to the right 3 places...rounds out to about .86 cents and the goal is to get it to 1 dollar... [post 1 of 2....stay tuned]
6-24-2020 Newshound/Intel Guru Mnt Goat The WOW news of the week is the CBI has finally spoken up. They issued a “white paper” again on the financial sector of Iraq. It is all very good as they talk about going international and completing the “project to delete the zeros” in the “coming period”. So again, we just have to sit tight and wait it out. Please, please, please don’t sell you dinar. You are already RICH only you have to wait a bit to go to the bank. We are slowly progressing to the end of this ride and it will not be much longer. How much longer? We are now seeing many of the reforms we could only pray for these last couple years. Yes, they are actually doing them. All I can tell everyone NOW is it will be much sooner than later and certainly not January 2021.
6-24-2020 Intel Guru Bruce [via WiserNow] ...I believe it was...on Thursday or Friday we were already pointing toward early this week...So we came to find out...there’s still a little bit of clean up that was needed...my understanding is that took place already – so I feel as though we’re in position where this could go and we could get notified... So that points well for us over the next couple of days...Now I am not trying to call it...I’m just saying the information I have is pointing towards the next 48 hours... We are looking at very good rates – Don’t know what they are – I had an idea but they change –and so you’re going to be fine on that... I just feel like this thing is coming to an end...
6-24-2020 Newshound Guru MilitiaMan Article: "Parliamentary Economy: The white paper includes 3 stages, starting with the reform of niches and currency auctions" There is nothing at all bad with this openness in regard to pushing forward to a market economy. Stopping the auctions will force the mechanism to be applied.. That imo is the first step and it is a very important one!!! imo Looking so very good now...imo
6-24-2020 Intel Guru MarkZ [via PDK] [More can kicking?] I don’t think they are kicking it anymore…they seem to be full tilt getting it out the door...I think we are awfully close to “the boy who cried wolf” being right. I believe we are exceptionally close now. Do I think a day or two? I hope it is.
6-24-2020 Newshound Guru Pimpy ...in the foreign expo for Iraq, Allaq gave a speech...basically what he was saying was before we can go international (he was talking about the dinar) we have to make sure we have reform that makes everything stable internally. The economy needed to be stable. The banking needed to be stable. Pricing needed to be stable. Low and behold today guess what happens... Article: "The Central Bank of Iraq announces the success of its efforts to reform the economic environment and achieve stability in prices". This is why so many people feel like the dinar is going to happen this year - 2020...these things are exciting...this is great news...so if the stability locally is done, what does that mean for us internationally? It's looking good guys - really good. I have faith this thing is going to happen really soon...
6-24-2020 Newshound Guru Adam Montana We are looking at constant HCL news, constant mention of monetary change, constant clues that we are on the brink of a monumental event. I'm ready. There is just so much going on right now that smells like "HCL"... it's almost overwhelming. You can bet the gurus are going to be going nuts here pretty soon. Hang on to your hats, friends... stay grounded...and enjoy the ride. Go Kazzammie. Go HCL. GO RV. [post 2 of 2]
6-24-2020 Newshound Guru Adam Montana ...I made mention last week that we are in a great spot, and I was hoping to see some movement on the HCL. Article quotes: "The oil and gas law will be included in the upcoming sessions."; "the current government has a clear and ongoing project in the process of economic and financial reform"; "Al-Alaq, announced that the Central Bank of Iraq has succeeded in reforming the economic environment and stabilizing prices"; "The white paper includes 3 stages, starting with the reform of niches and currency auctions" And...seriously, it just kept going. There are times when I find it perfectly acceptable to be calm, sit back, and not get too excited. This is not that time. [post 1 of 2....stay tuned]
6-24-2020 Newshound Guru Don961 Article: "Parliamentary Economy: The white paper includes 3 stages, starting with the reform of niches and currency auctions" Quotes: "the economic white paper that the government intends to implement in the coming periods aims at a comprehensive reform of the economic system,"; "...the reformist white paper and its content...will be a road map for implementing a set of economic measures," noting that "calling it white because it is a new reform paper will be written in cooperation between the government and parliament away from the interference of political parties."
6-24-2020 Intel Guru Frank26 ...look what I did. I moved the decimal point over three places and by doing that I lifted 3 zeros electronically. Who has the power to do that? The CBI. With who? The Fab 4 because they give them the authority. The IMF, World Bank, The U.S. Treasury, The President of the United States...IMO the "white papers" contain a rate and a date...that was authorized...this is the reason why it's so hard to get the Iraqi dinar right now...2 and a half years ago did you notice that it was starting to get harder to get the dinar? Now can you find it? These places are drying up because of the monetary reform benchmarks that were met in order to have the white papers we have today... [Post 2 of 2]
6-24-2020 Intel Guru Frank26 ...my broker called me around 3:00 in the afternoon yesterday to say to me, 'Frank, we're putting a freeze on the selling of the Vietnamese dong.' And I said, really? We already have a freeze on the Iraqi dinar...the liquidity of this currency was accomplished as a benchmark in order for them to come out with the Real Effective Exchange Rate of the Iraqi dinar...the Iraqi dinar...exchange rate for it is .000869741 somewhere in that ball park...so when you take that decimal point and move it over to the right 3 places...rounds out to about .86 cents and the goal is to get it to 1 dollar... [post 1 of 2....stay tuned]
6-24-2020 Newshound/Intel Guru Mnt Goat The WOW news of the week is the CBI has finally spoken up. They issued a “white paper” again on the financial sector of Iraq. It is all very good as they talk about going international and completing the “project to delete the zeros” in the “coming period”. So again, we just have to sit tight and wait it out. Please, please, please don’t sell you dinar. You are already RICH only you have to wait a bit to go to the bank. We are slowly progressing to the end of this ride and it will not be much longer. How much longer? We are now seeing many of the reforms we could only pray for these last couple years. Yes, they are actually doing them. All I can tell everyone NOW is it will be much sooner than later and certainly not January 2021.
6-23-2020 Newshound Guru Pimpy ...the reason why they denied me entry into this conference [Iraq Finance Expo] is because I speak about the dinar. That's how I knew for sure they were gonna talk about it. They didn't want me in there recording anything because they knew they were gonna talk about the dinar. They didn't specifically give out any kind of rate change but they did talk about what needs to be done. And it's already being done. I feel absolutely good about the year 2020...
6-23-2020 Newshound Guru Jeff Article "Al-Kadhimi reveals the details of the 'white paper" This is very important. The White paper is the roadmap for the rate change. For the economic reform. And the brand new economy they're preparing to launch...
6-23-2020 Intel Guru Bob Locke [via PDK] [...How close do you think we are?] I have never seen the kind of talk and the amount of talk indicating that today is the day thus far through all my years and years of this. . .I am hopeful today that we see some stuff happen.
6-23-2020 Newshound Guru Pimpy ...there's been a lot of chitter-chatter about the IFEX conference...It was Allak who spoke about the dinar during the conference. This is what Allak said. The dinar must first be stable in the country before it can be international. But he also said... Iraq was open for business and that he encouraged outside investors to come in...We also know...if they're gonna come in and do business a couple of things must happen. One is Iraq has to have an internationally recognized currency. There is no "ifs" "ands" or "but's" about it. Not only that you have to change the rate in order for outside investors to come in or it's too expensive. Sure the labor is cheap in country but importing good from other countries that they will need to get their businesses going it's just too costly. So rate change is gonna have to happen...
6-23-2020 Intel Guru Footforward I have a pretty good idea on what the rate will be. It's just the date...That I'm working on. I've said for a long time it will be over 3.50 in my opinion. I can't get more specific then that...
6-23-2020 Intel Guru MarkZ [via PDK] [This was supposed to be our morning…very disappointing.] I heard it wasn’t supposed to start until this afternoon…so I am not disappointed yet. Watching this afternoon about 4 or 5. Banking contacts have been very frustrated but they believe today is the day…specifically this afternoon. They are confident we are in the last 1-to 3 days of all of this. Iraq contacts are also thinking today is the day and they will be able to publish a figure in the Gazette tomorrow. They are very confident that they will be going by the first and will have an International, Worldwide, Competitive Currency. We will be watching this evening closely.
6-23-2020 Newshound Guru Jeff ...as Allak's [Governor of the CBI] proxy term is ending on or around July 15th Iraq is transitioning...to a new economic system but the rate change has to happen right in the middle - between the two. They're putting out a ton of articles telling you they're planning to do this. You are very close to the edge of this right now...
6-23-2020 Newshound/Intel Guru Walkingstick [via Frank26] ...these white papers are the end result of when they have pulled the trigger of the monetary reform...the white papers have the rate and the date... [Reference Frank26 6-23-2020]
6-23-2020 Intel Guru Frank26 ...the CBI has introduced something that was in those meeting two months ago...it's called "white paper". It's a report. It's a guide. It's a definition of an agreement...White paper is extremely important. It's an authoritative report. It comes from the authorities of the Fab 4. It's important for the structure of Iraq and it's important for the international structure of Iraq. This white paper is extremely crucial...it's been introduced from the CBI to the GOI. What's it for? Mainly it's for the budget. What's in the budget? The economic reform. I told you they need the financial reform first in order to have the economic reform...these white papers are the passport for the new Iraqi dinar...
6-23-2020 Newshound Guru Samson Article: "Corona may prompt the Iraqi parliament to hold unprecedented sessions" Quote: "Next Wednesday will see a vote on the law on external and internal borrowing," noting that "the oil and gas law will be included in the upcoming sessions."
6-23-2020 Newshound Guru Jeff Article "Al-Kadhimi reveals the details of the 'white paper" This is very important. The White paper is the roadmap for the rate change. For the economic reform. And the brand new economy they're preparing to launch...
6-23-2020 Intel Guru Bob Locke [via PDK] [...How close do you think we are?] I have never seen the kind of talk and the amount of talk indicating that today is the day thus far through all my years and years of this. . .I am hopeful today that we see some stuff happen.
6-23-2020 Newshound Guru Pimpy ...there's been a lot of chitter-chatter about the IFEX conference...It was Allak who spoke about the dinar during the conference. This is what Allak said. The dinar must first be stable in the country before it can be international. But he also said... Iraq was open for business and that he encouraged outside investors to come in...We also know...if they're gonna come in and do business a couple of things must happen. One is Iraq has to have an internationally recognized currency. There is no "ifs" "ands" or "but's" about it. Not only that you have to change the rate in order for outside investors to come in or it's too expensive. Sure the labor is cheap in country but importing good from other countries that they will need to get their businesses going it's just too costly. So rate change is gonna have to happen...
6-23-2020 Intel Guru Footforward I have a pretty good idea on what the rate will be. It's just the date...That I'm working on. I've said for a long time it will be over 3.50 in my opinion. I can't get more specific then that...
6-23-2020 Intel Guru MarkZ [via PDK] [This was supposed to be our morning…very disappointing.] I heard it wasn’t supposed to start until this afternoon…so I am not disappointed yet. Watching this afternoon about 4 or 5. Banking contacts have been very frustrated but they believe today is the day…specifically this afternoon. They are confident we are in the last 1-to 3 days of all of this. Iraq contacts are also thinking today is the day and they will be able to publish a figure in the Gazette tomorrow. They are very confident that they will be going by the first and will have an International, Worldwide, Competitive Currency. We will be watching this evening closely.
6-23-2020 Newshound Guru Jeff ...as Allak's [Governor of the CBI] proxy term is ending on or around July 15th Iraq is transitioning...to a new economic system but the rate change has to happen right in the middle - between the two. They're putting out a ton of articles telling you they're planning to do this. You are very close to the edge of this right now...
6-23-2020 Newshound/Intel Guru Walkingstick [via Frank26] ...these white papers are the end result of when they have pulled the trigger of the monetary reform...the white papers have the rate and the date... [Reference Frank26 6-23-2020]
6-23-2020 Intel Guru Frank26 ...the CBI has introduced something that was in those meeting two months ago...it's called "white paper". It's a report. It's a guide. It's a definition of an agreement...White paper is extremely important. It's an authoritative report. It comes from the authorities of the Fab 4. It's important for the structure of Iraq and it's important for the international structure of Iraq. This white paper is extremely crucial...it's been introduced from the CBI to the GOI. What's it for? Mainly it's for the budget. What's in the budget? The economic reform. I told you they need the financial reform first in order to have the economic reform...these white papers are the passport for the new Iraqi dinar...
6-23-2020 Newshound Guru Samson Article: "Corona may prompt the Iraqi parliament to hold unprecedented sessions" Quote: "Next Wednesday will see a vote on the law on external and internal borrowing," noting that "the oil and gas law will be included in the upcoming sessions."
6-22-2020 Intel Guru MarkZ [via PDK] [Why is there so much fake intel?] We knew this was going to happen…we have been told for years…we knew that at the tail end that this is exactly what we were going to see. I’m not letting it shake me and I am excited about where we are at.
6-22-2020 Newshound Guru Pimpy ...When I started the conference last night I noticed that the link wouldn't go through to see the conference. So I emailed the organizers and I told them that I have the ticket to get into the conference but it's not letting me go through...they email me back and this is what the email says. 'Dear Luther, Thank you for your email. I am afraid we cannot be allowing companies that underrate dinar trading in the United States into the conference as per our strict attendance rules. You have been fully refunded via PayPal.' ...I know we were looking forward to getting some information from this conference but unfortunately one of the organizers there is a follower of my channel and he knew exactly that we talk about the Iraqi dinar. Now I don't actually undertake in distributing Iraqi dinar. I just give my opinion based on news articles about the Iraqi dinar so that was a little upsetting because I've been looking forward to it all week...unfortunately it just did not pan out...
6-22-2020 Newshound Guru Jeff ...when Washington comes to Iraq that's to help them. Usually when Iraq goes to Washington it's to congratulate them and say congratulations job well done. IMO July 15th could be our back wall based on that...I would almost say that would be Kazemi going to Washington after the rate change...
6-22-2020 Intel Guru Footforward [...Any thoughts on the dong still for June...] from where I sit, my opinion is they need to do something fairly quickly now with all that's going on with China. And the signs to me suggested June or July as a timeline. So that's what I'm looking for...
6-22-2020 Intel Guru MarkZ [via PDK] Lots of chatter right now...According to banking contacts we are done!! All of my banking contacts are coming unglued…we saw testing of the systems last week….we saw all kinds of rates hitting banks….bankers that I have not talked to in quite awhile told me it looks like we are getting close…..we are getting prepped for it… I really do think we are at the end of it…I am actually very upbeat about where we are…just don’t think we will see it Tuesday. In Iraq they are talking about July 1st having a new and competitive currency so I think we are looking at sometime between here and there for the reset. [Will we be done by the 4th of July?] Yes I think so…
6-22-2020 Guest Guru DataSteward I have a different perspective about keeping Alak until July 15. [Reference Guru Jeff's post 6-19-2020] Whenever I was part of a team to deploy an upgrade or a new software system we usually scheduled 1 to 2 weeks following the deployment date for dedicated technical support to fix bugs and to immediately assist users with whatever they needed. Alak has intellectual capital nobody else has and they should keep him around a week or two after they change the rate to answer questions and provide solutions for things that didn't go as planned.
6-22-2020 Newshound Guru MilitiaMan Article: "In the first official position, the central bank proposes a mechanism for the government to cross the financial crisis" Quote: "...there are 3 advantages enjoyed by the financial situation of Iraq, the first of which is a rich country and its oil resource is quantitatively stable and the last barrel of oil in the world according to studies will be from Iraq and secondly that the bank The central bank has good reserves..." Currency Rates are mechanisms. Bonds are mechanisms, bonds have interest rates associated with them, the are liquid assets just as currency, that can be traded on the secondary markets... Looks like they are even mentioning the banks international interface as the vehicle to do so... The bonds will be for local and or global availability. They even have an open for business sign out (lol) for all days of the week to keep things flowing from now on, even taking into account the epidemic. imo.
6-22-2020 Newshound Guru Pimpy ...we are about 15 hours away from the big Iraq conference...this is on what's going on it Iraq as far as the economy is concerned, investment opportunities, the whole nine yards. We're hoping for some good Easter egg or at least some good fact that come out and tell us that indeed the rate change is going to happen...
6-22-2020 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT OBLIGATED THE GOVERNMENT TO SEND THE BUDGET WITHIN THE NEXT TWO WEEKS" It is very hard to complete the necessary financial and banking reforms without a budget for 2020 going forward. I am hearing the delay is due to the restructuring of the financial industry due to many factors mainly corruption. Iraq is going to see some MAJOR changes in the near future.
6-22-2020 Newshound Guru Pimpy ...When I started the conference last night I noticed that the link wouldn't go through to see the conference. So I emailed the organizers and I told them that I have the ticket to get into the conference but it's not letting me go through...they email me back and this is what the email says. 'Dear Luther, Thank you for your email. I am afraid we cannot be allowing companies that underrate dinar trading in the United States into the conference as per our strict attendance rules. You have been fully refunded via PayPal.' ...I know we were looking forward to getting some information from this conference but unfortunately one of the organizers there is a follower of my channel and he knew exactly that we talk about the Iraqi dinar. Now I don't actually undertake in distributing Iraqi dinar. I just give my opinion based on news articles about the Iraqi dinar so that was a little upsetting because I've been looking forward to it all week...unfortunately it just did not pan out...
6-22-2020 Newshound Guru Jeff ...when Washington comes to Iraq that's to help them. Usually when Iraq goes to Washington it's to congratulate them and say congratulations job well done. IMO July 15th could be our back wall based on that...I would almost say that would be Kazemi going to Washington after the rate change...
6-22-2020 Intel Guru Footforward [...Any thoughts on the dong still for June...] from where I sit, my opinion is they need to do something fairly quickly now with all that's going on with China. And the signs to me suggested June or July as a timeline. So that's what I'm looking for...
6-22-2020 Intel Guru MarkZ [via PDK] Lots of chatter right now...According to banking contacts we are done!! All of my banking contacts are coming unglued…we saw testing of the systems last week….we saw all kinds of rates hitting banks….bankers that I have not talked to in quite awhile told me it looks like we are getting close…..we are getting prepped for it… I really do think we are at the end of it…I am actually very upbeat about where we are…just don’t think we will see it Tuesday. In Iraq they are talking about July 1st having a new and competitive currency so I think we are looking at sometime between here and there for the reset. [Will we be done by the 4th of July?] Yes I think so…
6-22-2020 Guest Guru DataSteward I have a different perspective about keeping Alak until July 15. [Reference Guru Jeff's post 6-19-2020] Whenever I was part of a team to deploy an upgrade or a new software system we usually scheduled 1 to 2 weeks following the deployment date for dedicated technical support to fix bugs and to immediately assist users with whatever they needed. Alak has intellectual capital nobody else has and they should keep him around a week or two after they change the rate to answer questions and provide solutions for things that didn't go as planned.
6-22-2020 Newshound Guru MilitiaMan Article: "In the first official position, the central bank proposes a mechanism for the government to cross the financial crisis" Quote: "...there are 3 advantages enjoyed by the financial situation of Iraq, the first of which is a rich country and its oil resource is quantitatively stable and the last barrel of oil in the world according to studies will be from Iraq and secondly that the bank The central bank has good reserves..." Currency Rates are mechanisms. Bonds are mechanisms, bonds have interest rates associated with them, the are liquid assets just as currency, that can be traded on the secondary markets... Looks like they are even mentioning the banks international interface as the vehicle to do so... The bonds will be for local and or global availability. They even have an open for business sign out (lol) for all days of the week to keep things flowing from now on, even taking into account the epidemic. imo.
6-22-2020 Newshound Guru Pimpy ...we are about 15 hours away from the big Iraq conference...this is on what's going on it Iraq as far as the economy is concerned, investment opportunities, the whole nine yards. We're hoping for some good Easter egg or at least some good fact that come out and tell us that indeed the rate change is going to happen...
6-22-2020 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT OBLIGATED THE GOVERNMENT TO SEND THE BUDGET WITHIN THE NEXT TWO WEEKS" It is very hard to complete the necessary financial and banking reforms without a budget for 2020 going forward. I am hearing the delay is due to the restructuring of the financial industry due to many factors mainly corruption. Iraq is going to see some MAJOR changes in the near future.
6-21-2020 Intel Guru Footforward [I'm assuming no chance of a rate change today.] I wouldn't say no chance. [...figured we were done until July...] not done at all. June still has alot of days left. I haven't at all given up on June.
6-21-2020 Newshound Guru MilitiaMan The World Bank is going to manage Iraq's exchange rate into the future. At least that's what they said they were going to do. Because why? They have an agreement with the CBI...it specifically says they have an understanding and an agreement...for them to manage the exchange rate means they're going to change it.
6-21-2020 Intel/Newshound Guru Frank26 This is amazing. IMO they gave them notice today [Friday] to the citizens. Actually to the international world. On a holiday. Do you know what that notice was? What's it called? REER - Real Effective Exchange Rate. They gave the real effective exchange rate today? No but they said that they have one. Wow. I like it a lot.
6-21-2020 Newshound Guru Kaperoni Only when Iraq passes laws and creates the conditions for foreign investors to come will the Central Bank be in a position to improve the value of the dinar via a float as the economy grows.
6-21-2020 Newshound/Intel Guru Mnt Goat Article: "AL-TAMIMI WARNS OF MAJOR FINANCIAL CORRUPTION DURING THE NEXT 6 MONTHS" Quote: "The Information", that "not approving the budget will lead to the loss of a lot of money, AS THERE ARE NO ACCOUNTS FOR WHAT GOES INTO THE TREASURY AND WHAT COMES OUT OF IT." You can bet that there will be no reinstatement under these conditions as the funds would not be safe if they did decide to put the dinar back on the trading platforms. We do know however they fully intend to do this soon but when? Again I am telling everyone to RV the currency under these conditions is not going to solve all of their problems, and in fact may only make them worst.
6-21-2020 Newshound Guru MilitiaMan The World Bank is going to manage Iraq's exchange rate into the future. At least that's what they said they were going to do. Because why? They have an agreement with the CBI...it specifically says they have an understanding and an agreement...for them to manage the exchange rate means they're going to change it.
6-21-2020 Intel/Newshound Guru Frank26 This is amazing. IMO they gave them notice today [Friday] to the citizens. Actually to the international world. On a holiday. Do you know what that notice was? What's it called? REER - Real Effective Exchange Rate. They gave the real effective exchange rate today? No but they said that they have one. Wow. I like it a lot.
6-21-2020 Newshound Guru Kaperoni Only when Iraq passes laws and creates the conditions for foreign investors to come will the Central Bank be in a position to improve the value of the dinar via a float as the economy grows.
6-21-2020 Newshound/Intel Guru Mnt Goat Article: "AL-TAMIMI WARNS OF MAJOR FINANCIAL CORRUPTION DURING THE NEXT 6 MONTHS" Quote: "The Information", that "not approving the budget will lead to the loss of a lot of money, AS THERE ARE NO ACCOUNTS FOR WHAT GOES INTO THE TREASURY AND WHAT COMES OUT OF IT." You can bet that there will be no reinstatement under these conditions as the funds would not be safe if they did decide to put the dinar back on the trading platforms. We do know however they fully intend to do this soon but when? Again I am telling everyone to RV the currency under these conditions is not going to solve all of their problems, and in fact may only make them worst.
6-20-2020 Intel/Newshound Guru Frank26 ...the citizens know very well what's going on...the lava flow of preparing the banking system to go international - done. The lava flow to explain to the citizens has been accomplished pretty good but it will continue long after they raise the value of the currency. Now the lava flow is spilling out around the borders and the international world already knows this...the lava flow which is unstoppable is now at the point now that the United States got involved...
6-20-2020 Newshound Guru MilitiaMan ...Alak just said, "We have a new price." As in past tense. That's fascinating because he's already got it ready. It's ready to go. I think the other thing he's going to come back to tell you is "when". And how does he tell you when? ...The central bank, I don't care who you are they're not gonna come out and say we're revaluing our currency tomorrow at xyz. At such and such a time. They're not going to do that...the central bank is not in the business of telling you exactly what they're going to do...they do give you a guidance...and that's what they're doing here. They're being very very careful...
6-20-2020 Intel Guru Footforward ...we need to see all the things that are lining up. All the boxes that are being checked off. How things have shifted. How things are coming together...I believe this is absolutely going to happen. That's my opinion...
6-20-2020 Newshound Guru Jeff ...they had these meetings with the Kazemi government and the U.S. government - The Strategic Dialogue. When you look at what's being discussed at these meetings - they've already told us it's investment, finance and really it's long term relations and business opportunities with Iraq. Those are post rate change steps. What they are doing is setting the stage between Iraq and the US to redirect from securing Iraq more towards having business relations with Iraq. It's transitioning but again it's post rate change...now they're saying they're going to send a Kazemi delegation to Washington in the U.S. IMO I firmly believe that Kazemi would be going there after the rate change...
6-20-2020 Intel/Newshound Guru Frank26 ...the citizens know very well what's going on...the lava flow of preparing the banking system to go international - done. The lava flow to explain to the citizens has been accomplished pretty good but it will continue long after they raise the value of the currency. Now the lava flow is spilling out around the borders and the international world already knows this...the lava flow which is unstoppable is now at the point now that the United States got involved...
6-20-2020 Intel Guru Bruce [via WiserNow] ...this is a very important week – and we’ve heard some specifics about tomorrow [Friday] – they say tomorrow will be very – very – very – very – very – very – very good for us...I’ve got to tell you – banks – and I know specifically Wells Fargo is having a conference call tomorrow morning...Now – that is a call that is mandatory and during that call they should tell employees that are on the call tomorrow whether our release for our appointments to be set – whether our 800 number release is coming out either Monday or Tuesday... a very small percentage of appointments...were set for Tuesday already...Now that is what I’m hearing – this is not me calling it – this is me telling you what I’ve heard from extremely good sources...
6-20-2020 Newshound Guru MilitiaMan Article: "Al-Alaq: The devaluation of the dinar should not be the first line of defense to confront the financial crisis" Quote: "...in addition to the supplies and materials imported by the government, such as oil derivatives, ration materials, etc., the net of this amount hits the new price of the dinar...” They are not talking about devaluation. They are talking valuation. WOW!! Get ready... Alak is talking on a FRIDAY!!! Whooo whoooo. imo...This is HUGE!! imo ~ ALAK talked on the holy day... think about it...
6-20-2020 Newshound Guru MilitiaMan ...Alak just said, "We have a new price." As in past tense. That's fascinating because he's already got it ready. It's ready to go. I think the other thing he's going to come back to tell you is "when". And how does he tell you when? ...The central bank, I don't care who you are they're not gonna come out and say we're revaluing our currency tomorrow at xyz. At such and such a time. They're not going to do that...the central bank is not in the business of telling you exactly what they're going to do...they do give you a guidance...and that's what they're doing here. They're being very very careful...
6-20-2020 Intel Guru Footforward ...we need to see all the things that are lining up. All the boxes that are being checked off. How things have shifted. How things are coming together...I believe this is absolutely going to happen. That's my opinion...
6-20-2020 Newshound Guru Jeff ...they had these meetings with the Kazemi government and the U.S. government - The Strategic Dialogue. When you look at what's being discussed at these meetings - they've already told us it's investment, finance and really it's long term relations and business opportunities with Iraq. Those are post rate change steps. What they are doing is setting the stage between Iraq and the US to redirect from securing Iraq more towards having business relations with Iraq. It's transitioning but again it's post rate change...now they're saying they're going to send a Kazemi delegation to Washington in the U.S. IMO I firmly believe that Kazemi would be going there after the rate change...
6-20-2020 Intel/Newshound Guru Frank26 ...the citizens know very well what's going on...the lava flow of preparing the banking system to go international - done. The lava flow to explain to the citizens has been accomplished pretty good but it will continue long after they raise the value of the currency. Now the lava flow is spilling out around the borders and the international world already knows this...the lava flow which is unstoppable is now at the point now that the United States got involved...
6-20-2020 Intel Guru Bruce [via WiserNow] ...this is a very important week – and we’ve heard some specifics about tomorrow [Friday] – they say tomorrow will be very – very – very – very – very – very – very good for us...I’ve got to tell you – banks – and I know specifically Wells Fargo is having a conference call tomorrow morning...Now – that is a call that is mandatory and during that call they should tell employees that are on the call tomorrow whether our release for our appointments to be set – whether our 800 number release is coming out either Monday or Tuesday... a very small percentage of appointments...were set for Tuesday already...Now that is what I’m hearing – this is not me calling it – this is me telling you what I’ve heard from extremely good sources...
6-20-2020 Newshound Guru MilitiaMan Article: "Al-Alaq: The devaluation of the dinar should not be the first line of defense to confront the financial crisis" Quote: "...in addition to the supplies and materials imported by the government, such as oil derivatives, ration materials, etc., the net of this amount hits the new price of the dinar...” They are not talking about devaluation. They are talking valuation. WOW!! Get ready... Alak is talking on a FRIDAY!!! Whooo whoooo. imo...This is HUGE!! imo ~ ALAK talked on the holy day... think about it...
6-17-2020 *** Dinar Guru News FLASH *** [Iraq Finance Expo News] The Central Bank of Iraq, The Ministry of Finance and the Government of Iraq are hosting a big conference next week - The Iraq Finance Expo. And guess what? You can attend! It's online. It begins Monday June 22 and last 3 days (22nd, 23rd and 24th). The agenda appears to be big on dinar. It includes "The CBI's strategy to increase money supply in the local Iraqi economy" - Day 1. "Iraq's monetary policy objectives to restore rapid economic growth." -Day 1. "The Future of Iraq's Banking & Finance Sectors" - Keynote Day 2. Obviously lots of banking and currency talk. You can get tickets and learn more here . Stay tuned as the gurus chime in on the importance of this conference as we lead up to next Monday. The latest guru posts will continue below...
6-19-2020 Newshound Guru Jeff Let's look at the facts. Iraq is putting out a crazy amount of economic articles now that they have finished the formation of the government. That's not coincidence guys. They're telling you they're close to changing the rate...if they had intentions of changing the rate in the Month of June then IMO they would have only extended Alak through the end of June. They didn't. They extended Alak through July 15th. That to me removed June from the equation and walks us into the first half of July...IMO they're keeping him in there long enough to commission and execute the rate exchange. Second. On or around July 15th you have Kazemi going to Washington. Why? For those strategic dialogue talks...those are about economic investment and long term relations between Iraq and the U.S. That's all post rate change items...IMO Kazemi is going to Washington after the rate has changed...
6-19-2020 Intel Guru MarkZ ...I had a number of bankers telling me yesterday that rates are bouncing all over the place. I took this as an excellent sign. One banker that I hadn’t talked to in months told me yesterday he thinks the currency reset is finally happening…he was very excited...Overall yesterday the news was fantastic.
6-19-2020 Intel Guru Footforward [Wheres your best guess on the VND?...] my opinion has been 5-10 cents and anything there or higher is a huge bonus.
6-19-2020 Newshound Guru Pimpy ...what's the one thing we're waiting for in order for the rate change to happen? I'm still sticking to my guns, I don't care what other people say...here's my opinion...Iraq has to prove Iraq can stand on their own. They have to believe that they deserve their sovereignty and when that happens they will have once again an internationally recognized currency and you will see that currency trade on the Forex. That's what the heck we want...One major step in achieving that goal would be it Al-Kazemi could figure out where the he'll the money [missing Iraq Treasury money] went and then hold all those people accountable...
6-19-2020 Newshound/Intel Guru Mnt Goat News from US banks in the last couple weeks has been very encouraging as they are telling us they are preparing for the reinstatement and the handling of people coming to exchange. I say this is good news since we have not had any cheerful news from the banks since October 2019. So something is at least being planned. Will it be finally executed and over soon?
6-19-2020 Newshound Guru Jeff ...right now the news is suggesting they might be rolling the rate change process possibly into the first half of July...
6-19-2020 Intel Guru Delta I DID READ THE DOCUMENTS IN ARABIC ...ALAQ WILL STAY AND WILL HAVE THE FULL POWER OF CBI... BUT ONLY UNTIL 07/15/20...THEY NEED HIM UNTIL RI IS DONE...SO IMO...RI SHOULD TAKE PLACE IN BETWEEN...AMAZING...GAME OVER...
6-19-2020 Intel Guru MarkZ ...I had a number of bankers telling me yesterday that rates are bouncing all over the place. I took this as an excellent sign. One banker that I hadn’t talked to in months told me yesterday he thinks the currency reset is finally happening…he was very excited...Overall yesterday the news was fantastic.
6-19-2020 Intel Guru Footforward [Wheres your best guess on the VND?...] my opinion has been 5-10 cents and anything there or higher is a huge bonus.
6-19-2020 Newshound Guru Pimpy ...what's the one thing we're waiting for in order for the rate change to happen? I'm still sticking to my guns, I don't care what other people say...here's my opinion...Iraq has to prove Iraq can stand on their own. They have to believe that they deserve their sovereignty and when that happens they will have once again an internationally recognized currency and you will see that currency trade on the Forex. That's what the heck we want...One major step in achieving that goal would be it Al-Kazemi could figure out where the he'll the money [missing Iraq Treasury money] went and then hold all those people accountable...
6-19-2020 Newshound/Intel Guru Mnt Goat News from US banks in the last couple weeks has been very encouraging as they are telling us they are preparing for the reinstatement and the handling of people coming to exchange. I say this is good news since we have not had any cheerful news from the banks since October 2019. So something is at least being planned. Will it be finally executed and over soon?
6-19-2020 Newshound Guru Jeff ...right now the news is suggesting they might be rolling the rate change process possibly into the first half of July...
6-19-2020 Intel Guru Delta I DID READ THE DOCUMENTS IN ARABIC ...ALAQ WILL STAY AND WILL HAVE THE FULL POWER OF CBI... BUT ONLY UNTIL 07/15/20...THEY NEED HIM UNTIL RI IS DONE...SO IMO...RI SHOULD TAKE PLACE IN BETWEEN...AMAZING...GAME OVER...
6-18-2020 Newshound/Intel Guru Mnt Goat My CBI contact is still telling me that they are moving towards the completing the “project to deleting the zeros” this year and sooner than later. Obviously, they are not going to give me exact dates. Other signs of what Iraq is up to tells us that movement is in the direction of the end of the month for something BIG. My expectation is the reinstatement of the dinar as this move it way overdue. I learned this week that Dr Shabibi was in fact at the Central Bank of Iraq working with them on the project to delete the zeros and mechanisms to roll it out.
6-18-2020 Newshound/Intel Guru RVAlready Article quote: "A directive was issued to all the banks in Iraq not to pay salaries this month until the income tax is applied at a later date." When your treasury is down to one day’s operating budget, it is time to do that RV. A no brainer if I ever saw one.
6-18-2020 Intel Guru RayRen98 A directive was issued to all the banks in Iraq not to pay salaries this month until the income tax is applied at a later date. Al-Kadhimi broadcast on Iraqi TV stating that a surprise is coming to the citizens in an effort to calm them. The citizens are mad about the decrease in their payments.
6-18-2020 Intel Guru MarkZ [via PDK] Well, even the bankers are getting ticked off and PO’d…Bankers in Zurich are very upset today…they are still in position and being told to “sit tight”. They are told today is the day...to get in place…just to see nothing…no movement… I still think it will happen before the election… This reset is necessary and inevitable…I still believe it will 100% happen. The question is just “when”.
6-18-2020 Intel Guru Bruce [via WiserNow] ...If you have currencies...let’s say you have dinar and dong – and you have the exchange that takes place – when you exchange those currencies – it’s a non taxable event – how many years have I been saying that? 9 years – I am in my 16th year – but when you do that exchange – you will have full access to all of that immediately – It’s good to have that confirmed – there’s no wait – no 26 hr wait – nothing like that – you should be able to have full access to your exchanged funds immediately... [Other gurus say this will be taxed as "ordinary income" others "capital gains" - Check with your tax professional at the appropriate time.]
6-18-2020 Newshound Guru Pimpy ...For those of you who live in New York, if you're trying to find a way to go buy dinar or buy Vietnam dong or any other currencies, if you live near the Trump Tower they obviously have a currency exchange center in the hotel. You could go to the hotel and buy Iraqi dinar. You can go in there and buy Vietnam dongs. You could go in there and buy other currency. It's right there inside the Trump Hotel. All you have to do is go right there where it says currency exchange. Go to the window with US dollars and buy other currencies...
6-18-2020 Intel Guru Footforward [Just curious as far what it will be worth after RV, will one Dinar be equivalent to one US Dollar?...] we may not know the exact rate until after the actual revaluation happens. My opinion is over $3 to the USD. But that's my opinion...
6-18-2020 Newshound/Intel Guru Mnt Goat Article: "FINANCE MINISTER ALI ALLAWI: WE WILL IMPLEMENT A PACKAGE OF REFORMS IN THE FINANCIAL AND BANKING SECTORS" Quote: “We will implement a package of reforms in the financial and banking sectors, and will restructure state-owned banks” says Deputy Prime Minister and Minister of Finance Ali Allawi as he lays out the broad outlines of the new reform program." Remember too the finance ministry now has control over the Currency auctions as they have taken them over from the CBI. This is all very good news.
6-18-2020 Intel Guru Bruce [via WiserNow] Now what is supposed to release is all new algorithms in place – all new rates on the screen and the Forex – and the bank screens...So that is what is looking good...You guys know that we never “call it”... I tell you what I’m hearing...whether it comes through as I’m speaking it or not is to be seen - but the information overall is very positive... Everything we’re hearing is pointing towards middle of the week...let’s see what happens – I’m pretty excited about the possibilities...
6-18-2020 Newshound/Intel Guru RVAlready Article quote: "A directive was issued to all the banks in Iraq not to pay salaries this month until the income tax is applied at a later date." When your treasury is down to one day’s operating budget, it is time to do that RV. A no brainer if I ever saw one.
6-18-2020 Intel Guru RayRen98 A directive was issued to all the banks in Iraq not to pay salaries this month until the income tax is applied at a later date. Al-Kadhimi broadcast on Iraqi TV stating that a surprise is coming to the citizens in an effort to calm them. The citizens are mad about the decrease in their payments.
6-18-2020 Intel Guru MarkZ [via PDK] Well, even the bankers are getting ticked off and PO’d…Bankers in Zurich are very upset today…they are still in position and being told to “sit tight”. They are told today is the day...to get in place…just to see nothing…no movement… I still think it will happen before the election… This reset is necessary and inevitable…I still believe it will 100% happen. The question is just “when”.
6-18-2020 Intel Guru Bruce [via WiserNow] ...If you have currencies...let’s say you have dinar and dong – and you have the exchange that takes place – when you exchange those currencies – it’s a non taxable event – how many years have I been saying that? 9 years – I am in my 16th year – but when you do that exchange – you will have full access to all of that immediately – It’s good to have that confirmed – there’s no wait – no 26 hr wait – nothing like that – you should be able to have full access to your exchanged funds immediately... [Other gurus say this will be taxed as "ordinary income" others "capital gains" - Check with your tax professional at the appropriate time.]
6-18-2020 Newshound Guru Pimpy ...For those of you who live in New York, if you're trying to find a way to go buy dinar or buy Vietnam dong or any other currencies, if you live near the Trump Tower they obviously have a currency exchange center in the hotel. You could go to the hotel and buy Iraqi dinar. You can go in there and buy Vietnam dongs. You could go in there and buy other currency. It's right there inside the Trump Hotel. All you have to do is go right there where it says currency exchange. Go to the window with US dollars and buy other currencies...
6-18-2020 Intel Guru Footforward [Just curious as far what it will be worth after RV, will one Dinar be equivalent to one US Dollar?...] we may not know the exact rate until after the actual revaluation happens. My opinion is over $3 to the USD. But that's my opinion...
6-18-2020 Newshound/Intel Guru Mnt Goat Article: "FINANCE MINISTER ALI ALLAWI: WE WILL IMPLEMENT A PACKAGE OF REFORMS IN THE FINANCIAL AND BANKING SECTORS" Quote: “We will implement a package of reforms in the financial and banking sectors, and will restructure state-owned banks” says Deputy Prime Minister and Minister of Finance Ali Allawi as he lays out the broad outlines of the new reform program." Remember too the finance ministry now has control over the Currency auctions as they have taken them over from the CBI. This is all very good news.
6-18-2020 Intel Guru Bruce [via WiserNow] Now what is supposed to release is all new algorithms in place – all new rates on the screen and the Forex – and the bank screens...So that is what is looking good...You guys know that we never “call it”... I tell you what I’m hearing...whether it comes through as I’m speaking it or not is to be seen - but the information overall is very positive... Everything we’re hearing is pointing towards middle of the week...let’s see what happens – I’m pretty excited about the possibilities...
6-17-2020 Intel Guru MarkZ [via PDK] ...I have a number of bankers from Zurich to Hong Kong that are expecting it overnight…they believe this is it…I have not seen them this hyped up in a very long time.
6-17-2020 Newshound Guru Pimpy If you live next to an International airport, most likely that airport will have a currency exchange center. You can go there and buy your currency there...just Google it...I think there's a lot of speculators in here right now that are all anticipating the same thing we are. That we are very close to the rate change getting ready to take place therefore you can't find it hardly nowhere... [When buying currency confirm the date they will ship your dinar and if they have the dinar on hand.] [post 2 of 2]
6-17-2020 Newshound Guru Pimpy ...a lot of people are coming to me saying, "Everywhere we go right now it's really hard to find Iraqi dinar." ...Do not buy the ones with Saddam Hussein on there. Do not buy the Swiss dinar...This is something very interesting I'm seeing happening a lot...This is XXXX [Dinar Dealer site]...when you go down here and you select your currency...there's a problem...they are out of stock of Iraq dinar. They have zero. None. None whatsoever. People are complaining...ZZZZZ [Another Dinar Dealer] has not sent a lot of people's orders. They are way behind. They keep saying they're going to send them and they still have not sent their orders...be very careful about who you're dealing with... [post 1 of 2....stay tuned]
6-17-2020 Newshound Guru Adam Montana The OPEC production cut agreement has made a significant impact on oil and it's place in the world economy. Or, you could say the world economy and the price of oil - they are intertwined. As we move forward in 2020, this is a significant factor in Iraq's ability to increase the value of their financial tools... and we are on the right path. ...Kazzamie is kicking butt. Seriously - I have a list of over a dozen articles that I love from just the last few days. The only thing we are missing right now is the HCL. And even that "smells" close. [post 2 of 2]
6-17-2020 Newshound Guru Adam Montana Yes, I'm a bit excited... OIL - Oil is a big deal. WTI is stable at just under $40. The previous Iraqi Budget was published at an expected rate higher than $40, and throughout 2019 the price of Oil never quite hit the mark they established for it, yet Iraq was able to sustain operations even at the lower price. Even more impressive is the fact that when Oil went to negative rates recently, Iraq didn't crumble. They survived. And even more impressive than that is... Article: "Is OPEC’s No.2 Finally Complying With Output Cuts?" Quote: "OPEC’s second-largest producer, Iraq, which also happens to be the least compliant member of OPEC+ since the group started managing supply to the market in 2017, may have finally started taking its obligations seriously." Oil, and Iraq, is on the move. [post 1 of 2....stay tuned]
6-17-2020 Newshound Guru MilitiaMan They just told us the other day that a POSITIVE SHOCK was coming to the citizens and foreigners (us). That was in respect to the their currency, imo... Raising the value of the currency will benefit the locals and us outside investors. Now they are telling the citizens that a surprise is coming to their value of the Central Bank, i.e., their currency is to have new value. Their currency auction window is where it will be reflected. The surprise is a rate change to come... A surprise is a good thing. A Positive Shock is a good thing...they last night started telling them on TV that surprise was coming then they published it in writing...They will have to move fast now...WOW!!
6-17-2020 Newshound Guru Pimpy ...there's a lot happening still now but what it all comes down to is this - taking the steps necessary to rebuild Iraq. Make sure they're an independent sovereign nation all over again with an internationally recognized currency that is traded on the Forex...
6-17-2020 Intel Guru MarkZ [via PDK] I am told that Vietnam is planning a street release of .47 to .50 cents…with a contract rate of around $2. They are sitting on a whole lot of oil reserves and precious minerals...
6-17-2020 Newshound/Intel Guru Mnt Goat Article: "AFTER COMING UNDER HEAVY CRITICISM … THE CENTRAL BANK STOPS THE CURRENCY AUCTION" ...this article does NOT say the currency auctions were stopped. Again a translation issue from Arabic to English. It only makes reference that CBI governor has “UNJUSTIFIED INSISTENCE TO PROCEED WITH THE FOREIGN CURRENCY AUCTION WINDOW DESPITE ALL THE LOSSES AND RISKS INCURRED BY THE ECONOMY IRAQI.”. ...If you go to the CBI site you will witness first hand that the auctions DID NOT in fact end. So this too is more proof. ...This means the CBI was incompetent in the administration of the auctions. This should be the CBI’s responsibility and NOT finance committee...Now there is talk today too about wanting to bringing back Mr. Sinan al-Shabibi to the CBI... Article: "MR. AL-KAZEMI: RESTORING CONSIDERATION TO MR. SINAN AL-SHABIBI TO HEAD CBI". This is of course, fantastic news, even to talk about it nonetheless do it. Let’s see...if al-Kazemi is really going to do it as he has the power...Will this happen?
6-17-2020 Intel Guru Delta ...we know something is up. The value has to change. It's no secret anymore. Of course we don't know the exact date but it looks like we're on the verge of seeing something happen...all good news in Iraq. We're just waiting for them to flip the switch...
6-17-2020 Newshound Guru Pimpy If you live next to an International airport, most likely that airport will have a currency exchange center. You can go there and buy your currency there...just Google it...I think there's a lot of speculators in here right now that are all anticipating the same thing we are. That we are very close to the rate change getting ready to take place therefore you can't find it hardly nowhere... [When buying currency confirm the date they will ship your dinar and if they have the dinar on hand.] [post 2 of 2]
6-17-2020 Newshound Guru Pimpy ...a lot of people are coming to me saying, "Everywhere we go right now it's really hard to find Iraqi dinar." ...Do not buy the ones with Saddam Hussein on there. Do not buy the Swiss dinar...This is something very interesting I'm seeing happening a lot...This is XXXX [Dinar Dealer site]...when you go down here and you select your currency...there's a problem...they are out of stock of Iraq dinar. They have zero. None. None whatsoever. People are complaining...ZZZZZ [Another Dinar Dealer] has not sent a lot of people's orders. They are way behind. They keep saying they're going to send them and they still have not sent their orders...be very careful about who you're dealing with... [post 1 of 2....stay tuned]
6-17-2020 Newshound Guru Adam Montana The OPEC production cut agreement has made a significant impact on oil and it's place in the world economy. Or, you could say the world economy and the price of oil - they are intertwined. As we move forward in 2020, this is a significant factor in Iraq's ability to increase the value of their financial tools... and we are on the right path. ...Kazzamie is kicking butt. Seriously - I have a list of over a dozen articles that I love from just the last few days. The only thing we are missing right now is the HCL. And even that "smells" close. [post 2 of 2]
6-17-2020 Newshound Guru Adam Montana Yes, I'm a bit excited... OIL - Oil is a big deal. WTI is stable at just under $40. The previous Iraqi Budget was published at an expected rate higher than $40, and throughout 2019 the price of Oil never quite hit the mark they established for it, yet Iraq was able to sustain operations even at the lower price. Even more impressive is the fact that when Oil went to negative rates recently, Iraq didn't crumble. They survived. And even more impressive than that is... Article: "Is OPEC’s No.2 Finally Complying With Output Cuts?" Quote: "OPEC’s second-largest producer, Iraq, which also happens to be the least compliant member of OPEC+ since the group started managing supply to the market in 2017, may have finally started taking its obligations seriously." Oil, and Iraq, is on the move. [post 1 of 2....stay tuned]
6-17-2020 Newshound Guru MilitiaMan They just told us the other day that a POSITIVE SHOCK was coming to the citizens and foreigners (us). That was in respect to the their currency, imo... Raising the value of the currency will benefit the locals and us outside investors. Now they are telling the citizens that a surprise is coming to their value of the Central Bank, i.e., their currency is to have new value. Their currency auction window is where it will be reflected. The surprise is a rate change to come... A surprise is a good thing. A Positive Shock is a good thing...they last night started telling them on TV that surprise was coming then they published it in writing...They will have to move fast now...WOW!!
6-17-2020 Newshound Guru Pimpy ...there's a lot happening still now but what it all comes down to is this - taking the steps necessary to rebuild Iraq. Make sure they're an independent sovereign nation all over again with an internationally recognized currency that is traded on the Forex...
6-17-2020 Intel Guru MarkZ [via PDK] I am told that Vietnam is planning a street release of .47 to .50 cents…with a contract rate of around $2. They are sitting on a whole lot of oil reserves and precious minerals...
6-17-2020 Newshound/Intel Guru Mnt Goat Article: "AFTER COMING UNDER HEAVY CRITICISM … THE CENTRAL BANK STOPS THE CURRENCY AUCTION" ...this article does NOT say the currency auctions were stopped. Again a translation issue from Arabic to English. It only makes reference that CBI governor has “UNJUSTIFIED INSISTENCE TO PROCEED WITH THE FOREIGN CURRENCY AUCTION WINDOW DESPITE ALL THE LOSSES AND RISKS INCURRED BY THE ECONOMY IRAQI.”. ...If you go to the CBI site you will witness first hand that the auctions DID NOT in fact end. So this too is more proof. ...This means the CBI was incompetent in the administration of the auctions. This should be the CBI’s responsibility and NOT finance committee...Now there is talk today too about wanting to bringing back Mr. Sinan al-Shabibi to the CBI... Article: "MR. AL-KAZEMI: RESTORING CONSIDERATION TO MR. SINAN AL-SHABIBI TO HEAD CBI". This is of course, fantastic news, even to talk about it nonetheless do it. Let’s see...if al-Kazemi is really going to do it as he has the power...Will this happen?
6-17-2020 Intel Guru Delta ...we know something is up. The value has to change. It's no secret anymore. Of course we don't know the exact date but it looks like we're on the verge of seeing something happen...all good news in Iraq. We're just waiting for them to flip the switch...
6-16-2020 Intel Guru Frank26 The central bank of Iraq is talking to the citizens and explaining what they're doing with the GOI (the government of Iraq)...a new plan is being prepared and will be presented to the government..."we've got a new exchange rate and a new currency", says the CBI, "and we're going to throw that fast ball to you GOI because you need it for the budget to run the country." [Post 2 of 2]
6-16-2020 Intel Guru Frank26 ...The Central Bank of Iraq is going through the process of the monetary reform for the currency and they made it very clear there isn't anymore hiding - Anymore innuendos - Anymore hoping to see the evidence ...they are talking about the new small category notes - A change in their exchange rate - A rate of 1 to 1. Yeah, a lot of things. Today, it turns out the trickling of the information that's going down to the citizens is continuing... [Post 1 of 2....stay tuned]
6-16-2020 Intel Guru MarkZ [via PDK] [...who would say they received funds if they signed a NDA?] I have heard specifically that on the NDA’s you can still say you have exchanged…but you will not be able to talk about any specifics like how much etc…
6-16-2020 Newshound/Intel Guru Mnt Goat ...the CBI has told me many times already in the past that; when they get serious and ready to delete the zeros, roll out the lower denominations which will lead to the reinstatement, they will let the citizens know and educate them. So far, they have kept their promise and each time they got close they began the education process...the CBI and/or Finance Committee is way overdue for a public news announcement (if even just a brief update) on this subject matter. I think we may see things kick into high gear once the budget comes out and they begin the reforms. We will probably get an update at this point in time...
6-16-2020 Newshound Guru Pimpy ...there's a lot of things happening in Iraq and it's happening all at one time. I know what you're saying, 'When? When? When?' We don't know but it looks like it's definitely gonna happen this year for sure...
6-16-2020 Intel Guru MarkZ [via PDK] Regarding all the rumors and intel on the Dinar boards...i am not seeing that same movement …Until someone I know actually has spendable dollars…imo…it hasn’t gone yet. I am not hearing from any of my contacts that is was “today” though. Yes Isaac has big expectations of a release today…but based on what I hear from Zurich…he may be waiting another day or so. I do have some great African contacts…from Ethiopia and Somalia…and they are all talking about the impending “reset”. That news is being talked about openly and on the streets over there. In Zimbabwe they are openly talking about it and it’s a common conversation in Iraq, Indonesia, Vietnam and India…Many countries worldwide are talking about a reset.
6-16-2020 Newshound/Intel Guru Mnt Goat So, today’s news is all about the currency auctions and the finance ministry under the minister Ali Allawi wanting to implement a package of financial and banking reforms. Still Iraq has not secured the $5 billion needed to pay the June salaries...It does seem something BIG is being lined up for the end of June as many issues seem to merge towards that time period. This may just be a matter of when Iraq finally meets its demise. But still we have not yet heard OPENLY in the news from the CBI or the Finance ministry on the “project to delete the zeros”...I do know for a FACT that Iraq is looking seriously for a new [CBI] governor that al-Kazemi will appoint...So we wait to see who he selects. ...Meantime the auctions have been taken out of the direct supervision of the CBI and are now supervised by the Finance Ministry. This is...FACT!
6-16-2020 Newshound Guru Pimpy ...I'm going to be attending all 3 days [of the IF-EXPO]...I'm going to share the information with you. I highly anticipate the discussion of the Iraqi dinar exchange rate in these meetings. I can't imagine any way around it. That's one of the biggest topics that would be discussed in regards to their budget, their future and purchasing power they're gonna need to be on the international scene. Also what they need to talk about is their sovereignty which is really big. These are the things I'll be looking for and there should be a lot of great information coming out of this meeting so it looks like Monday, Tuesday and Wednesday I'm gonna...go ahead and watch these bad boys and report to you as it's going on.
6-16-2020 Intel Guru Footforward ...my opinion...I think the dinar may be higher then I've originally thought...My opinion is the dong may go in June and the dinar in July.
6-16-2020 Intel Guru Frank26 ...The Central Bank of Iraq is going through the process of the monetary reform for the currency and they made it very clear there isn't anymore hiding - Anymore innuendos - Anymore hoping to see the evidence ...they are talking about the new small category notes - A change in their exchange rate - A rate of 1 to 1. Yeah, a lot of things. Today, it turns out the trickling of the information that's going down to the citizens is continuing... [Post 1 of 2....stay tuned]
6-16-2020 Intel Guru MarkZ [via PDK] [...who would say they received funds if they signed a NDA?] I have heard specifically that on the NDA’s you can still say you have exchanged…but you will not be able to talk about any specifics like how much etc…
6-16-2020 Newshound/Intel Guru Mnt Goat ...the CBI has told me many times already in the past that; when they get serious and ready to delete the zeros, roll out the lower denominations which will lead to the reinstatement, they will let the citizens know and educate them. So far, they have kept their promise and each time they got close they began the education process...the CBI and/or Finance Committee is way overdue for a public news announcement (if even just a brief update) on this subject matter. I think we may see things kick into high gear once the budget comes out and they begin the reforms. We will probably get an update at this point in time...
6-16-2020 Newshound Guru Pimpy ...there's a lot of things happening in Iraq and it's happening all at one time. I know what you're saying, 'When? When? When?' We don't know but it looks like it's definitely gonna happen this year for sure...
6-16-2020 Intel Guru MarkZ [via PDK] Regarding all the rumors and intel on the Dinar boards...i am not seeing that same movement …Until someone I know actually has spendable dollars…imo…it hasn’t gone yet. I am not hearing from any of my contacts that is was “today” though. Yes Isaac has big expectations of a release today…but based on what I hear from Zurich…he may be waiting another day or so. I do have some great African contacts…from Ethiopia and Somalia…and they are all talking about the impending “reset”. That news is being talked about openly and on the streets over there. In Zimbabwe they are openly talking about it and it’s a common conversation in Iraq, Indonesia, Vietnam and India…Many countries worldwide are talking about a reset.
6-16-2020 Newshound/Intel Guru Mnt Goat So, today’s news is all about the currency auctions and the finance ministry under the minister Ali Allawi wanting to implement a package of financial and banking reforms. Still Iraq has not secured the $5 billion needed to pay the June salaries...It does seem something BIG is being lined up for the end of June as many issues seem to merge towards that time period. This may just be a matter of when Iraq finally meets its demise. But still we have not yet heard OPENLY in the news from the CBI or the Finance ministry on the “project to delete the zeros”...I do know for a FACT that Iraq is looking seriously for a new [CBI] governor that al-Kazemi will appoint...So we wait to see who he selects. ...Meantime the auctions have been taken out of the direct supervision of the CBI and are now supervised by the Finance Ministry. This is...FACT!
6-16-2020 Newshound Guru Pimpy ...I'm going to be attending all 3 days [of the IF-EXPO]...I'm going to share the information with you. I highly anticipate the discussion of the Iraqi dinar exchange rate in these meetings. I can't imagine any way around it. That's one of the biggest topics that would be discussed in regards to their budget, their future and purchasing power they're gonna need to be on the international scene. Also what they need to talk about is their sovereignty which is really big. These are the things I'll be looking for and there should be a lot of great information coming out of this meeting so it looks like Monday, Tuesday and Wednesday I'm gonna...go ahead and watch these bad boys and report to you as it's going on.
6-16-2020 Intel Guru Footforward ...my opinion...I think the dinar may be higher then I've originally thought...My opinion is the dong may go in June and the dinar in July.
6-15-2020 Intel Guru Footforward [I’m reading that people and commenting that auctions restarted in Iraq today? I think Frank [Guru Frank26] had said they stopped? Any thoughts?] ...Pompeo told them to get this done right away. And then he told them the US would give them whatever money they need. If the auctions have started again, it's because they need money. I don't think this will be a long term thing. I still believe and it's my opinion this is the time and season for revaluations. They aren't doing this to stop the RV. They are doing this to survive until the RV happens. If Iraq is doing something that the US isn't in absolute agreement with, then the US would put crippling sanctions on Iraq.
6-15-2020 Newshound/Intel Guru BGG [reference Dinar Guru Update: 6-14-2020] This current scenario, IMHO, has purely to do with basic supply and demand principles. There has never been any reliable “pipeline supply” of Dinar from the Middle East to the U.S. This was always a silly thought. The Buy/Sell market here in the U.S. has always had some level of parity between buyers and sellers. Currently there is no such parity.
6-15-2020 Intel Guru MarkZ [via PDK] No big news over the weekend…I am hearing from Reno that they are positioning for tonight. ...there are a number of HSBC appointments scheduled for early tomorrow in both Asia and Zurich. So hopefully we are about to see things roll out. Internationally speaking, HSBC have a number of, what should be, dollars and exchanges scheduled for tomorrow. Trump said GCR will be $1.00 across the WORLD! Everything on parity…that is the plan. That is why we have been told we will RV first…then reset. Meaning that if we get $4.00 per dinar (example) We would exchange and then shortly after it would reset into the GCR and parity of 1 to 1.
6-15-2020 Newshound Guru Kaperoni Article: "US wants to encourage American investment in Iraq: State Department spokesperson" Quote: "ERBIL, Kurdistan Region — The US wants to foster American economic investment in Iraq, US State Department spokesperson Morgan Ortagus told Rudaw on Friday."
6-15-2020 Intel Guru Footforward [next week from Monday Iraq has their expo conference. You think they would have their stuff together by then to show their currency?] It would make sense. But the only ones going to that are the ones who know Iraq had a future. [...like frank [Guru Frank26] said...there had to already been arrangements with their currency by now if they were coming. He mentioned over 150 countries were there already. I think the rate has changed behind the scenes, just not publicly yet.] these countries definitely know what's going on. But...They can't have two different rates...They have been doing contracts based on a revalued dinar. But even those are really no good until they RV. And that has to be public and in the open. International rate. [Can’t have foreign investors come into your country unless they go international! Can’t go international unless they revalue!] absolutely!
6-15-2020 Newshound Guru Jeff ...you've seen some of the best news that you ever have just in the past month - month and a half...there were two delays. They completed one. Two weekends ago they finished the formation of the government...They are finishing the last delay this week of June 17th. This is the budget agreement between Baghdad and Erbil...they're gonna finish that this week...they want to get everything done before the period of June 21st so they could actually...RV over June 21st...it's as clear as day now...they're pretty much telling you they want to change the rate most likely over the weekend of June 21st...
6-15-2020 Newshound Guru MilitiaMan ...There is an urgency to bring in the new. There are many articles referencing the “new”. New PM, new reforms, new holding company, new small category notes, new e-commerce, new e-government, etc.. imo...The information to date is extremely powerful, as it shows they are doing now what they have been trying to do for many years, as noted by the letter fron Nasserry to the new PM, just this time they are listening to the road map alternatives, and are seriously on the path to go live with the new social market economy.. imo Wow... [post 2 of 2]
6-15-2020 Newshound Guru MilitiaMan Article: "Al-Shami provides a set of economic solutions that enhance production and services" They are literally telling us they are going to a market economy. They have been hammering it home for months now... But, now they are not only talking about it they are doing it...It is my belief they are telling us that a correction from the previous economic platform is required and that the correction will regain the lost confidence. ...They even mention not only will local investors gain, so will foreigners...By raising the value of their stock exchange by increasing their exchange rate will be a positive shock. One where we all should agree is to be a good thing...! [post 1 of 2....stay tuned]
6-15-2020 Newshound/Intel Guru BGG [reference Dinar Guru Update: 6-14-2020] This current scenario, IMHO, has purely to do with basic supply and demand principles. There has never been any reliable “pipeline supply” of Dinar from the Middle East to the U.S. This was always a silly thought. The Buy/Sell market here in the U.S. has always had some level of parity between buyers and sellers. Currently there is no such parity.
6-15-2020 Intel Guru MarkZ [via PDK] No big news over the weekend…I am hearing from Reno that they are positioning for tonight. ...there are a number of HSBC appointments scheduled for early tomorrow in both Asia and Zurich. So hopefully we are about to see things roll out. Internationally speaking, HSBC have a number of, what should be, dollars and exchanges scheduled for tomorrow. Trump said GCR will be $1.00 across the WORLD! Everything on parity…that is the plan. That is why we have been told we will RV first…then reset. Meaning that if we get $4.00 per dinar (example) We would exchange and then shortly after it would reset into the GCR and parity of 1 to 1.
6-15-2020 Newshound Guru Kaperoni Article: "US wants to encourage American investment in Iraq: State Department spokesperson" Quote: "ERBIL, Kurdistan Region — The US wants to foster American economic investment in Iraq, US State Department spokesperson Morgan Ortagus told Rudaw on Friday."
6-15-2020 Intel Guru Footforward [next week from Monday Iraq has their expo conference. You think they would have their stuff together by then to show their currency?] It would make sense. But the only ones going to that are the ones who know Iraq had a future. [...like frank [Guru Frank26] said...there had to already been arrangements with their currency by now if they were coming. He mentioned over 150 countries were there already. I think the rate has changed behind the scenes, just not publicly yet.] these countries definitely know what's going on. But...They can't have two different rates...They have been doing contracts based on a revalued dinar. But even those are really no good until they RV. And that has to be public and in the open. International rate. [Can’t have foreign investors come into your country unless they go international! Can’t go international unless they revalue!] absolutely!
6-15-2020 Newshound Guru Jeff ...you've seen some of the best news that you ever have just in the past month - month and a half...there were two delays. They completed one. Two weekends ago they finished the formation of the government...They are finishing the last delay this week of June 17th. This is the budget agreement between Baghdad and Erbil...they're gonna finish that this week...they want to get everything done before the period of June 21st so they could actually...RV over June 21st...it's as clear as day now...they're pretty much telling you they want to change the rate most likely over the weekend of June 21st...
6-15-2020 Newshound Guru MilitiaMan ...There is an urgency to bring in the new. There are many articles referencing the “new”. New PM, new reforms, new holding company, new small category notes, new e-commerce, new e-government, etc.. imo...The information to date is extremely powerful, as it shows they are doing now what they have been trying to do for many years, as noted by the letter fron Nasserry to the new PM, just this time they are listening to the road map alternatives, and are seriously on the path to go live with the new social market economy.. imo Wow... [post 2 of 2]
6-15-2020 Newshound Guru MilitiaMan Article: "Al-Shami provides a set of economic solutions that enhance production and services" They are literally telling us they are going to a market economy. They have been hammering it home for months now... But, now they are not only talking about it they are doing it...It is my belief they are telling us that a correction from the previous economic platform is required and that the correction will regain the lost confidence. ...They even mention not only will local investors gain, so will foreigners...By raising the value of their stock exchange by increasing their exchange rate will be a positive shock. One where we all should agree is to be a good thing...! [post 1 of 2....stay tuned]
6-14-2020 *** Dinar Guru Update *** Reports are coming in from Dinar Guru members that some large currency brokers are out of dinar stock. I made a pass through several dealer sites - some are showing they have dinar for sale, some are showing they're out. Buyer Beware - It appears some dealers are completing sales without actually having the currency on hand. Wait times for orders have been as long as four weeks. Some of the delays are Corona related. If you want your dinar right away be sure to confirm ship times with the dealer. Last I heard Citi Bank was still selling dinar. It seems there's been a disruption to the supply of dinar to the dealers...why? We don't know. Is it the auctions? Is it the borders? Is it a long-term issue? Is supply drying up? Stay tuned as the gurus chime in on what's happening with the dinar. The latest guru reports will continue below...
6-12-2020 Newshound/Intel Guru RVAlready With Iraq in miserable economic shape, I think the RV will be sooner than later. I would think that October would be pretty disastrous for them.
6-12-2020 Intel Guru MarkZ [via PDK] [...I have Personally confirmed that Chase, BoA and TravelEx are not Selling or Buying Back VND at this Time!] This really should tell us a lot!!
6-12-2020 Intel Guru Mike Cottrell I believe Trump will not let the RV go until after the election….I do not see any other way this could happen.
6-12-2020 Newshound Guru Pimpy ...we are already done with round 1 [U.S. - Iraq - U.N meeting]. Round 2 happens in July [In Washington]. I know a lot of you out there going, 'What does that mean? They kicking the can down the road?" We don't know yet. All that matters in which you should be focusing on - we're probably closer now that ever before...there is a lot going on in a very short period of time.
6-12-2020 Newshound/Intel Guru Mnt Goat Today’s dinar news is all about the ongoing saga of how will Iraq find the necessary funding to pay the June salaries. The pressure is enormous as simply put; they do not have the oil revenues sufficient to pay these salaries (about 4-5 billion US dollars) for June. We know the IMF will not lend them the money and the CBI will not use the reserves. So, over these last weeks we have seen many proposals presented to us. The CBI did end the currency auctions at the end of May and this we know as a FACT. They told us they also are going to aggressively implement the customs and tariffs law and go electronic collection system to do so. But we know this system requires Iraq to be on FOREX since the system uses FOREX in the calculation of the most current rate of foreign currency in order to find the rate and convert it. So how will they do this without being on FOREX? I don’t know you tell me…
6-12-2020 Intel Guru Footforward [They [Vietnam] haven’t printed any lower denominations yet?] they won't make that public knowledge. If they did they might as well announce to the world they are going to revalue...I really feel we won't get any hints about Vietnam. They won't give us any clues as to what they do before they do it. Just suddenly, out of no where, the dong revalues. That's all in my opinion of course.
6-12-2020 Newshound Guru MilitiaMan Article: "Loaded with different materials ... Transport announces the reception of 11 ships within three days" They didn't just send 11 ships from around the world with the knowledge that Taxes and Tariffs are adjusting by 07/01/2020 with out some sort of disclosure, assurances, insurance, exchange rate, etc.. The leaks (news) in the Hull of Iraq are showing there is change coming.. The new foundation is about to be set in stone for the people to see.. The NEW IRAQ is about to be Born... NSCNs will be that foundation... imo.
6-12-2020 Intel Guru MarkZ [via PDK] Iraq contacts are still very hopeful we could see it on Saturday… [Why did Trump mention RV on June 7 if it is not rolling out sooner than November?] I have some info that I am not allowed to share and I do not think we are waiting for November. I feel we are much closer than that. We need to get it out 120 days before the election imo… Remember this is a “when” and not an “if”...We are in the perfect storm for it…
6-12-2020 Newshound Guru Pimpy they should have all their ducks in a row this month. The anticipation is that the rate will happen so that it can help them with the second half of this year. This is the rumors floating around inside the dinar community and to be quite honest that makes perfectly good sense...we know that in many cases when we're dealing with Iraq what makes sense to us does not necessarily make sense - period... or that they do anything that makes sense.
6-12-2020 Intel Guru Footforward [Has anyone heard any promising news about the Dong Lately...] we won't hear any news on the dong until it happens. They will keep this EXTREMELY quiet and there will be no warning before it goes. The dong will just go. Before the dinar. And then there will be no more dinar to get. Then the US will put sanctions on Iraq. Then tons of people will sell their dinar. Then the dinar will revalue. This is all in my opinion...
6-12-2020 Intel Guru MarkZ [via PDK] [...I have Personally confirmed that Chase, BoA and TravelEx are not Selling or Buying Back VND at this Time!] This really should tell us a lot!!
6-12-2020 Intel Guru Mike Cottrell I believe Trump will not let the RV go until after the election….I do not see any other way this could happen.
6-12-2020 Newshound Guru Pimpy ...we are already done with round 1 [U.S. - Iraq - U.N meeting]. Round 2 happens in July [In Washington]. I know a lot of you out there going, 'What does that mean? They kicking the can down the road?" We don't know yet. All that matters in which you should be focusing on - we're probably closer now that ever before...there is a lot going on in a very short period of time.
6-12-2020 Newshound/Intel Guru Mnt Goat Today’s dinar news is all about the ongoing saga of how will Iraq find the necessary funding to pay the June salaries. The pressure is enormous as simply put; they do not have the oil revenues sufficient to pay these salaries (about 4-5 billion US dollars) for June. We know the IMF will not lend them the money and the CBI will not use the reserves. So, over these last weeks we have seen many proposals presented to us. The CBI did end the currency auctions at the end of May and this we know as a FACT. They told us they also are going to aggressively implement the customs and tariffs law and go electronic collection system to do so. But we know this system requires Iraq to be on FOREX since the system uses FOREX in the calculation of the most current rate of foreign currency in order to find the rate and convert it. So how will they do this without being on FOREX? I don’t know you tell me…
6-12-2020 Intel Guru Footforward [They [Vietnam] haven’t printed any lower denominations yet?] they won't make that public knowledge. If they did they might as well announce to the world they are going to revalue...I really feel we won't get any hints about Vietnam. They won't give us any clues as to what they do before they do it. Just suddenly, out of no where, the dong revalues. That's all in my opinion of course.
6-12-2020 Newshound Guru MilitiaMan Article: "Loaded with different materials ... Transport announces the reception of 11 ships within three days" They didn't just send 11 ships from around the world with the knowledge that Taxes and Tariffs are adjusting by 07/01/2020 with out some sort of disclosure, assurances, insurance, exchange rate, etc.. The leaks (news) in the Hull of Iraq are showing there is change coming.. The new foundation is about to be set in stone for the people to see.. The NEW IRAQ is about to be Born... NSCNs will be that foundation... imo.
6-12-2020 Intel Guru MarkZ [via PDK] Iraq contacts are still very hopeful we could see it on Saturday… [Why did Trump mention RV on June 7 if it is not rolling out sooner than November?] I have some info that I am not allowed to share and I do not think we are waiting for November. I feel we are much closer than that. We need to get it out 120 days before the election imo… Remember this is a “when” and not an “if”...We are in the perfect storm for it…
6-12-2020 Newshound Guru Pimpy they should have all their ducks in a row this month. The anticipation is that the rate will happen so that it can help them with the second half of this year. This is the rumors floating around inside the dinar community and to be quite honest that makes perfectly good sense...we know that in many cases when we're dealing with Iraq what makes sense to us does not necessarily make sense - period... or that they do anything that makes sense.
6-12-2020 Intel Guru Footforward [Has anyone heard any promising news about the Dong Lately...] we won't hear any news on the dong until it happens. They will keep this EXTREMELY quiet and there will be no warning before it goes. The dong will just go. Before the dinar. And then there will be no more dinar to get. Then the US will put sanctions on Iraq. Then tons of people will sell their dinar. Then the dinar will revalue. This is all in my opinion...
6-14-2020 Intel Guru Frank26 ...the Iraqi dinar's monetary reform is in full bloom and in a position to be announced IMO very soon. Especially with what they released today, 'We busted Maliki and all those that were preventing the monetary reform.'
6-14-2020 Newshound Guru Pimpy Article "The president of the Republic: To complete victory requires building a sovereign and capable state". This is what I'm talking about. They have to prove to the world that they can stand alone. That's what a true sovereign nation is. To me this is the biggest obstacle that we have and waiting for the rate change to take place. We need them to be a sovereign nation all over again...are we close? IMO we're very very close to this finally happening...
6-14-2020 Intel Guru RayRen98 I DON'T KNOW WHY...BUY [But ?] SOME BANKERS ARE EXCITED ABOUT THE END OF "THIS" WEEK...TIME WILL TELL!!
6-14-2020 Newshound Guru MilitiaMan Article: "Next week .. A high-ranking Kurdish delegation headed by Talabani visits Baghdad" Quote: "All political forces insist on the success of Al-Kazemi's mission, and the steps for reform must be accelerated" All inclusive...Is this the historic HCL/140 agreed on in principle set for a finality? The Kurdistan Regional Council is talking about internal Reconciliation and also speaks of the region, as well. That my friends looks like to me that the next 24 - 48 hours are going to be about signing off on some already agreed on files. Having the power players this week is very compelling support that they mean business. The reforms must be accelerated. The rate at which they bring it forth is what I am looking for, as are the demonstrators... They know all too well what the alternatives are and one is the most important. RATE. or Purchase Power...imo. It all looks so very promising now this is coming to a conclusion. imo.
6-14-2020 Intel Guru Footforward ...I believe it will happen...Pompeo also told them to RV right away. Or else. [wow, did anybody get a video or audio of Pompeo telling them to revalue right away, or else?] it may have been in an article. I was told that by someone. [...Do you think the person who told you is a really good source?] I do.
6-14-2020 Newshound Guru Pimpy People are like, '...I thought they [Iraq] were a sovereign nation.' But they're not recognized as a sovereign nation and what I mean by that is in order to be a sovereign nation you have to have an internationally recognized currency. They're in Chapter 7 and yes they've been moved out and they been moving back...their goal is to be a sovereign nation once again...I believe that's what the true issue is. That's what they're really working for too...it looks like they're headed in that right direction. Let's hope it's very soon though...
6-14-2020 Newshound Guru Pimpy Article "The president of the Republic: To complete victory requires building a sovereign and capable state". This is what I'm talking about. They have to prove to the world that they can stand alone. That's what a true sovereign nation is. To me this is the biggest obstacle that we have and waiting for the rate change to take place. We need them to be a sovereign nation all over again...are we close? IMO we're very very close to this finally happening...
6-14-2020 Intel Guru RayRen98 I DON'T KNOW WHY...BUY [But ?] SOME BANKERS ARE EXCITED ABOUT THE END OF "THIS" WEEK...TIME WILL TELL!!
6-14-2020 Newshound Guru MilitiaMan Article: "Next week .. A high-ranking Kurdish delegation headed by Talabani visits Baghdad" Quote: "All political forces insist on the success of Al-Kazemi's mission, and the steps for reform must be accelerated" All inclusive...Is this the historic HCL/140 agreed on in principle set for a finality? The Kurdistan Regional Council is talking about internal Reconciliation and also speaks of the region, as well. That my friends looks like to me that the next 24 - 48 hours are going to be about signing off on some already agreed on files. Having the power players this week is very compelling support that they mean business. The reforms must be accelerated. The rate at which they bring it forth is what I am looking for, as are the demonstrators... They know all too well what the alternatives are and one is the most important. RATE. or Purchase Power...imo. It all looks so very promising now this is coming to a conclusion. imo.
6-14-2020 Intel Guru Footforward ...I believe it will happen...Pompeo also told them to RV right away. Or else. [wow, did anybody get a video or audio of Pompeo telling them to revalue right away, or else?] it may have been in an article. I was told that by someone. [...Do you think the person who told you is a really good source?] I do.
6-14-2020 Newshound Guru Pimpy People are like, '...I thought they [Iraq] were a sovereign nation.' But they're not recognized as a sovereign nation and what I mean by that is in order to be a sovereign nation you have to have an internationally recognized currency. They're in Chapter 7 and yes they've been moved out and they been moving back...their goal is to be a sovereign nation once again...I believe that's what the true issue is. That's what they're really working for too...it looks like they're headed in that right direction. Let's hope it's very soon though...
6-13-2020 Newshound Guru MilitiaMan The IMF has had recent meetings with the" Crisis" Emergency Cell on currency reforms and the modalities or treatment if you will, to cure the current crisis. There will be follow up meetings too. Kinda like a doctor to a patient. Take this alternative we have before us (raise the rate, secondary markets, SDR, Bonds, border fees, taxes and tariffs, reduction in refinery costs, etc.) and let it all take a few days/weeks to start working in conjunction and we will set another appointment for to review your progress, as in WORLD BANK management agreement... lol...imo. [post 2 of 2]
6-13-2020 Newshound Guru MilitiaMan Article: "Foreign Minister: The Kuwaiti Foreign Minister will visit Baghdad tomorrow" It sure looks like they are signalling inclusiveness and with an urgency! The Kurdistan high ranking Delegation is coming to town and may be arriving in conjunction with the Kuwait Foreign Minister. Lets think about that a moment. Pompeo is the USAs counter part to the Kuwait's Foreign Minister, if I am not mistaken. The USA having had SFA meetings that were well received by all, may not be over just yet. There may be another one or so in the coming days too. I sense signings may be at hand to some very important items! [post 1 of 2....stay tuned]
6-13-2020 Newshound Guru Pimpy ...People go, 'What are you looking for?' ...I'm looking for the UN to go 'okay' and the United States to go look it's Time for Iraq to be moved out of chapter 7 and into chapter 8. Give them back their sovereignty. Give them back their internationally recognized currency. Allow it to be on the Forex and start trading. That's what we want. That's what we're looking for.
6-13-2020 Newshound Guru Kaperoni If you want to see the Iraqi dinar go up in value which I assume you do...the only way it's going to go up in value is when Iraq's private sector economy grows. Only then will Iraq get off the peg and float the dinar allowing it to appreciate.
6-13-2020 Intel Guru Footforward [I wasn’t sure when VND revalues if it would be fixed or on a float with the potential to go higher.] they would be smart to fix the dinar and dong. Currently the dong is on a float. All currencies float for the most part. Except for like the dinar as an example.
6-13-2020 Newshound Guru Pimpy Here's a funny thing you guys might not know. There was an article written by Paul Ryan [Former Speaker of The House]. It was an opt-ed in which he thought it was important that the Iraqi people should probably change the rate to help their economy. Gee do you think Paul Ryan has Iraqi dinar?
6-13-2020 Intel Guru Bruce ...what I’m getting is that it looks as though from my information...from my sources...this is not coming from the internet...not online...it’s not coming from anybody else that’s putting information out...but this is coming from MY sources that seem to say that the 15th/16th which is Mon/Tues...is the timeframe that's been noted for this to be released to...US... we believe that things are at the point where we think it’s about to go...I hope we go sooner rather than later...
6-13-2020 Newshound Guru MilitiaMan Article: "Foreign Minister: The Kuwaiti Foreign Minister will visit Baghdad tomorrow" It sure looks like they are signalling inclusiveness and with an urgency! The Kurdistan high ranking Delegation is coming to town and may be arriving in conjunction with the Kuwait Foreign Minister. Lets think about that a moment. Pompeo is the USAs counter part to the Kuwait's Foreign Minister, if I am not mistaken. The USA having had SFA meetings that were well received by all, may not be over just yet. There may be another one or so in the coming days too. I sense signings may be at hand to some very important items! [post 1 of 2....stay tuned]
6-13-2020 Newshound Guru Pimpy ...People go, 'What are you looking for?' ...I'm looking for the UN to go 'okay' and the United States to go look it's Time for Iraq to be moved out of chapter 7 and into chapter 8. Give them back their sovereignty. Give them back their internationally recognized currency. Allow it to be on the Forex and start trading. That's what we want. That's what we're looking for.
6-13-2020 Newshound Guru Kaperoni If you want to see the Iraqi dinar go up in value which I assume you do...the only way it's going to go up in value is when Iraq's private sector economy grows. Only then will Iraq get off the peg and float the dinar allowing it to appreciate.
6-13-2020 Intel Guru Footforward [I wasn’t sure when VND revalues if it would be fixed or on a float with the potential to go higher.] they would be smart to fix the dinar and dong. Currently the dong is on a float. All currencies float for the most part. Except for like the dinar as an example.
6-13-2020 Newshound Guru Pimpy Here's a funny thing you guys might not know. There was an article written by Paul Ryan [Former Speaker of The House]. It was an opt-ed in which he thought it was important that the Iraqi people should probably change the rate to help their economy. Gee do you think Paul Ryan has Iraqi dinar?
6-13-2020 Intel Guru Bruce ...what I’m getting is that it looks as though from my information...from my sources...this is not coming from the internet...not online...it’s not coming from anybody else that’s putting information out...but this is coming from MY sources that seem to say that the 15th/16th which is Mon/Tues...is the timeframe that's been noted for this to be released to...US... we believe that things are at the point where we think it’s about to go...I hope we go sooner rather than later...
6-11-2020 Intel Guru MarkZ [via PDK] I still think we need to see more disclosure but the banking world seems to think things are going to break loose today...We are watching the end…we just have to hold on and make it through it...the thing about the banking side is they have to be prepared at all times because when it is ready…they have to be in place…but, they are like the boy who cried wolf… I believe the rank and file bankers are doing their best…
6-11-2020 Newshound/Intel Guru Mnt Goat There is much more going on than the Iraqi news media is telling us. The CBI is being very sneaky. I believe we are at the cusp of the end of this long-awaited payoff of our investment. This is of course not investment advice in anyway and just my opinion based on all the information I am now hearing. We know the central bank still has to educate the citizens again and so this will be our sure que as to the status of the “project to delete the zeros”. Yes, we are moving ahead but we still need a final confirmation. Will the CBI give it to us soon?... [post 2 of 2]
6-11-2020 Newshound/Intel Guru Mnt Goat ...From the Central Bank we are still hearing all very good news in the effort to go international so Iraq can tap into these secondary markets with investors. But what will these investors invest in? So, we see the dilemma again in not having a marketable currency within the global exchanges. By not having a viable currency this impacts the ability of the ISX investors, to issue more bonds, to pay debts and incentives for investors to want to flock to Iraq. Oh – but now suddenly we see investors beginning to come in. Why? I believe they know of the plan to globalize the economy thus have a viable currency and have it very soon. [post 1 of 2....stay tuned]
6-11-2020 Newshound Guru Pimpy ...we know right now that the United States is over there. They're in dialog with Iraq. Iraq is really pushing for sovereignty. We need this to happen. People keep asking me, "What do you mean...about sovereignty?" If you invest in the Iraqi dinar there's a reason why you can't walk in right now into Wells Fargo and exchange it at its current rate. That's because the currency at the present moment is not being recognized internationally...for the most part most banks won't deal with you right now because the currency is not an international currency. That's because we need the United Nations to once again allow Iraq to have their sovereignty and in order to do so they have to have their own currency which means they have to recognize the Iraqi dinar...
6-11-2020 Intel Guru Footforward [...is there any reason the Iraqi dinar went from $3+ in 2004 then declined sharply to 0.0008? How can a currency fall so fast?] that should be 2003 I think. It fell because it was manipulated to go there. That was the program rate. Part of how, in my opinion, we know the dinar isn't supposed to be worthless. [so when they RV they would have to go back to at least that rate again right?] there are two potential outcomes. A reinstatement (RI) which takes it back to the old rate, or an RV, which can take it somewhere below or above the old rate...my opinion is it will RV higher then the old rate.
6-11-2020 Newshound Guru Kaperoni I have received a few messages from members in recent weeks asking me what the chances are that Iraq will LOP. It is possible but keep in mind Parliament would have to approve of such an event.
6-11-2020 Newshound Guru Adam Montana ...OIL: We saw negative prices recently, but it has shot back up to almost $40. This shouldn't come as a surprise - OIL is a necessary commodity, the world isn't going to stop using or needing it anytime soon, and Iraq has a lot. Conclusion: Good for Iraq. GOI (Government of Iraq): Our new guy in office Kazzamie continues to plow through obstacles, protests against the former PMs are fading in the rear view mirror quickly, and the list of accomplishments is getting more impressive by the day...My opinion on the Budget is pretty simple: It doesn't have to be announced prior to an RV, the future rate of the Iraqi Dinar doesn't need to be published in it. ...Kazzamie is weeding through the mess, doing positive things, moving the ship forward...Also noteworthy is an article...CNN. Broadcasting That "It is possible to raise the exchange rate of the dinar against the dollar,“! If this kind of stuff doesn't put a smile on your face, nothing will!
6-11-2020 Newshound Guru Pimpy We do want Iraq to be recognized as a sovereign nation all over again along with a recognizable currency. Right now there's only one bank that you can go to and exchange your Iraqi dinar at the current rate and that's Chase Bank. My bank Wells Fargo won't even talk to you until they are recognized internationally again. So this is a big couple of days coming up. I feel really positive about it...
6-11-2020 Newshound/Intel Guru Mnt Goat There is much more going on than the Iraqi news media is telling us. The CBI is being very sneaky. I believe we are at the cusp of the end of this long-awaited payoff of our investment. This is of course not investment advice in anyway and just my opinion based on all the information I am now hearing. We know the central bank still has to educate the citizens again and so this will be our sure que as to the status of the “project to delete the zeros”. Yes, we are moving ahead but we still need a final confirmation. Will the CBI give it to us soon?... [post 2 of 2]
6-11-2020 Newshound/Intel Guru Mnt Goat ...From the Central Bank we are still hearing all very good news in the effort to go international so Iraq can tap into these secondary markets with investors. But what will these investors invest in? So, we see the dilemma again in not having a marketable currency within the global exchanges. By not having a viable currency this impacts the ability of the ISX investors, to issue more bonds, to pay debts and incentives for investors to want to flock to Iraq. Oh – but now suddenly we see investors beginning to come in. Why? I believe they know of the plan to globalize the economy thus have a viable currency and have it very soon. [post 1 of 2....stay tuned]
6-11-2020 Newshound Guru Pimpy ...we know right now that the United States is over there. They're in dialog with Iraq. Iraq is really pushing for sovereignty. We need this to happen. People keep asking me, "What do you mean...about sovereignty?" If you invest in the Iraqi dinar there's a reason why you can't walk in right now into Wells Fargo and exchange it at its current rate. That's because the currency at the present moment is not being recognized internationally...for the most part most banks won't deal with you right now because the currency is not an international currency. That's because we need the United Nations to once again allow Iraq to have their sovereignty and in order to do so they have to have their own currency which means they have to recognize the Iraqi dinar...
6-11-2020 Intel Guru Footforward [...is there any reason the Iraqi dinar went from $3+ in 2004 then declined sharply to 0.0008? How can a currency fall so fast?] that should be 2003 I think. It fell because it was manipulated to go there. That was the program rate. Part of how, in my opinion, we know the dinar isn't supposed to be worthless. [so when they RV they would have to go back to at least that rate again right?] there are two potential outcomes. A reinstatement (RI) which takes it back to the old rate, or an RV, which can take it somewhere below or above the old rate...my opinion is it will RV higher then the old rate.
6-11-2020 Newshound Guru Kaperoni I have received a few messages from members in recent weeks asking me what the chances are that Iraq will LOP. It is possible but keep in mind Parliament would have to approve of such an event.
6-11-2020 Newshound Guru Adam Montana ...OIL: We saw negative prices recently, but it has shot back up to almost $40. This shouldn't come as a surprise - OIL is a necessary commodity, the world isn't going to stop using or needing it anytime soon, and Iraq has a lot. Conclusion: Good for Iraq. GOI (Government of Iraq): Our new guy in office Kazzamie continues to plow through obstacles, protests against the former PMs are fading in the rear view mirror quickly, and the list of accomplishments is getting more impressive by the day...My opinion on the Budget is pretty simple: It doesn't have to be announced prior to an RV, the future rate of the Iraqi Dinar doesn't need to be published in it. ...Kazzamie is weeding through the mess, doing positive things, moving the ship forward...Also noteworthy is an article...CNN. Broadcasting That "It is possible to raise the exchange rate of the dinar against the dollar,“! If this kind of stuff doesn't put a smile on your face, nothing will!
6-11-2020 Newshound Guru Pimpy We do want Iraq to be recognized as a sovereign nation all over again along with a recognizable currency. Right now there's only one bank that you can go to and exchange your Iraqi dinar at the current rate and that's Chase Bank. My bank Wells Fargo won't even talk to you until they are recognized internationally again. So this is a big couple of days coming up. I feel really positive about it...
6-10-2020 Intel Guru Bruce [via WiserNow] ...We have had some sources tell us that they’ve been told to shut up – keep it quiet ...and when they’re told to keep it quiet it’s because...things are happening behind the scenes...we know that Iraq’s rates were to be on the screens yesterday morning – we could not confirm they were on our bank screens but we know that they had done everything that the IMF had requested of Iraq and that the United Nations had requested of Iraq regarding ...going from Chapter 7 to Chapter 8 - which was their position of sovereignty as a Nation...It’s like everything is prepared for this time...
6-10-2020 Newshound/Intel Guru Mnt Goat Article: "RAISE THE EXCHANGE RATE OF THE DINAR AGAINST THE DOLLAR" ...at least they are now talking to raise the value of the dinar and not devalue it as an alternative. What a turn-around!
6-10-2020 Guest Guru Bob Locke [via PDK] I know everybody is very frustrated waiting for the RV and constantly hearing M,W, F…but if you look closely things are happening. You don’t need to have intelligence sources in the banks or anywhere else to see that things are happening. The fact that Trump mentioned RV 5 times in that one press briefing…it’s being thrown in your face…so have faith… Your [Guru MarkZ] original thought that they would use this virus lockdown to work through the RV and allow people to exchange...I think it still holds true…Now is a really appropriate time because so many places need money for infrastructure…all the cities and towns that were looted and burned….
6-10-2020 Intel Guru MarkZ [via PDK] I am still looking for it to happen before July 1… I think we are that close. I just wish the people who are saying its today would be right…lol...there is so much chatter that everything is positioned but I know they don’t want us to know the timing…
6-10-2020 Newshound Guru Pimpy We all know the 10th and 11th starts the big meeting with the United States, the United Nations, the World Bank might be there but we know Kuwait and Saudi Arabia are supposed to be there as well...What we're really looking for is for the United Nations to feel that Iraq has done enough so that they can have control over their own sovereignty. That's what we want...in order to be a sovereign nation they must have an internationally recognized currency. In order for us to benefit from any kind of rate change , in order for us to be able to run down to the bank and do any type of rate change, their currency must be recognized internationally. This is a big deal for us. This is what we hope comes out of this...the rest of the week is going to be very very interesting for us. Let's keep our fingers crossed for some big news...
6-10-2020 Intel Guru Footforward [They haven’t printed any lower denominations yet?] they won't make that public knowledge. If they did they might as well announce to the world they are going to revalue...I really feel we won't get any hints about Vietnam. They won't give us any clues as to what they do before they do it. Just suddenly, out of no where, the dong revalues. That's all in my opinion of course.
6-10-2020 Newshound Guru Adam Montana [...we are in the best position ever...its coming down to the wire. we expect deal done with the kurds re oil this week if has not already been done.] Coming down the wire indeed!
6-10-2020 Newshound Guru MiltiaMan ...they're [CBI] not allowed to just go out and broadcast to everybody exactly how they're gonna do it but they do educate to a certain degree. Plausible deniability, I like to call it. I think we have a really good time frame that we're staring at and the speed at which they're doing it, the urgency. The wording that they're using - Implement. Activate. Immediate. Speed. They're using all that terminology. It's all over the place. You can't deny it...
6-10-2020 Newshound Guru Pimpy ...I look forward to seeing what's gonna happen from these meetings. They start tomorrow [Wednesday, the 10th]. I know a lot of people are feeling anxious because there's a lot of people that have a vibe that this thing is getting ready to pop off and this meeting is gonna tell us a whole lot. We will soon see. Let's keep your fingers crossed. [reference Guru Pimpy's post 6-9-2020]
6-10-2020 Intel Guru Frank26 ...There are many many countries that are pouring into Iraq now, all at once. They are squeezing in - Why? ...because they've been working with the Central Bank of Iraq. They had to be one and understand that the economic and monetary reform of the Iraqi dinar has been launched. Amen...
6-10-2020 Newshound/Intel Guru Mnt Goat Article: "RAISE THE EXCHANGE RATE OF THE DINAR AGAINST THE DOLLAR" ...at least they are now talking to raise the value of the dinar and not devalue it as an alternative. What a turn-around!
6-10-2020 Guest Guru Bob Locke [via PDK] I know everybody is very frustrated waiting for the RV and constantly hearing M,W, F…but if you look closely things are happening. You don’t need to have intelligence sources in the banks or anywhere else to see that things are happening. The fact that Trump mentioned RV 5 times in that one press briefing…it’s being thrown in your face…so have faith… Your [Guru MarkZ] original thought that they would use this virus lockdown to work through the RV and allow people to exchange...I think it still holds true…Now is a really appropriate time because so many places need money for infrastructure…all the cities and towns that were looted and burned….
6-10-2020 Intel Guru MarkZ [via PDK] I am still looking for it to happen before July 1… I think we are that close. I just wish the people who are saying its today would be right…lol...there is so much chatter that everything is positioned but I know they don’t want us to know the timing…
6-10-2020 Newshound Guru Pimpy We all know the 10th and 11th starts the big meeting with the United States, the United Nations, the World Bank might be there but we know Kuwait and Saudi Arabia are supposed to be there as well...What we're really looking for is for the United Nations to feel that Iraq has done enough so that they can have control over their own sovereignty. That's what we want...in order to be a sovereign nation they must have an internationally recognized currency. In order for us to benefit from any kind of rate change , in order for us to be able to run down to the bank and do any type of rate change, their currency must be recognized internationally. This is a big deal for us. This is what we hope comes out of this...the rest of the week is going to be very very interesting for us. Let's keep our fingers crossed for some big news...
6-10-2020 Intel Guru Footforward [They haven’t printed any lower denominations yet?] they won't make that public knowledge. If they did they might as well announce to the world they are going to revalue...I really feel we won't get any hints about Vietnam. They won't give us any clues as to what they do before they do it. Just suddenly, out of no where, the dong revalues. That's all in my opinion of course.
6-10-2020 Newshound Guru Adam Montana [...we are in the best position ever...its coming down to the wire. we expect deal done with the kurds re oil this week if has not already been done.] Coming down the wire indeed!
6-10-2020 Newshound Guru MiltiaMan ...they're [CBI] not allowed to just go out and broadcast to everybody exactly how they're gonna do it but they do educate to a certain degree. Plausible deniability, I like to call it. I think we have a really good time frame that we're staring at and the speed at which they're doing it, the urgency. The wording that they're using - Implement. Activate. Immediate. Speed. They're using all that terminology. It's all over the place. You can't deny it...
6-10-2020 Newshound Guru Pimpy ...I look forward to seeing what's gonna happen from these meetings. They start tomorrow [Wednesday, the 10th]. I know a lot of people are feeling anxious because there's a lot of people that have a vibe that this thing is getting ready to pop off and this meeting is gonna tell us a whole lot. We will soon see. Let's keep your fingers crossed. [reference Guru Pimpy's post 6-9-2020]
6-10-2020 Intel Guru Frank26 ...There are many many countries that are pouring into Iraq now, all at once. They are squeezing in - Why? ...because they've been working with the Central Bank of Iraq. They had to be one and understand that the economic and monetary reform of the Iraqi dinar has been launched. Amen...
6-9-2020 Intel Guru Footforward [So what is the “rumored rate range for the VND? I have heard anywhere between .10 - 2.00] rumors have it in that range. There is no way it will be 2 bucks in my opinion...5 cents would be my opinion for a low end rate on the dong.
6-9-2020 Intel Guru MarkZ [via PDK] The currency boards have been covered with rumors and all kinds of details over the last few weeks...…well, I am hearing those same things from people who send me posts and rumors and videos…So I call my banking contacts in Zurich, Dubai, Reno and Hong Kong…and I am waiting for the money to move… so yes I hear those rumors but I just do not see any money movement yet...We were expecting a lot to occur over the weekend and expecting a lot to occur overnight last night. We are seeing a lot of positioning…there are key players in key places right now….it is happening, but we need to watch it roll out…there is a lot of disclosure happening…I am excited about this.
6-9-2020 Newshound Guru Pimpy It's definitely getting close to crunch time here. We know that tomorrow on the 10th the heavy hitters start pulling in for this big meeting with the United States and Iraq. The official meeting starts on the 11th but people are arriving and starting talks on the 10th. We're definitely going to be paying close attention to what is going on over these next couple of days...
6-9-2020 Newshound/Intel Guru Mnt Goat ...The news today is short but all very good as Iraq now seems to be moving in the right direction. The stronghold of Iran on Iraq seems to be broken...We see the protestors back on track as they want the promised reforms. We are hearing that al-Kazemi is going to give them all the demands they requested. Meanwhile the CBI is making plans to launch and complete “project to delete the zeros” this year... So, NO, things are not as usual for Iraq they are moving ahead...the momentum will increase as time goes on...
6-9-2020 Intel Guru Footforward [...if they changed the rate this Wednesday, they couldn’t keep it hidden or a secret for a few weeks? They’d have to come right out with it?] yep. You can't have two different exchange rates in play. It's one or the other. You can't have one in country and another outside of the country. They can't hide this or keep it "in country"...As soon as the rate changes, it has to go international. From east to west. Would take about 8-13 hours to process through the system is what I've been told...banking systems are set up for that kind of thing. It will change in their system suddenly. Over night. From east to west.
6-9-2020 Newshound Guru Jeff ...that level of news about launching their economy, completing the 2020 budget that would suggest they're ready to change the rate because IMO the approval process of the budget is waiting on the rate change...they are preparing to send the budget for approval around the end of June. IMO they have to send it after the rate has changed.
6-9-2020 Intel Guru Frank26 ...my broker is able to get dinars still but the thing is the borders of Iraq are shut tight...also the Central Bank of Iraq about 2 1/2 years ago stopped selling dinars to money exchangers, to brokers...before you introduce a new currency, a redenomination with a new exchange rate you have to collect the old currency. You can't have dual currency out there. You can't have a dual exchange rate...It is difficult to get the Iraqi dinar...
6-9-2020 Newshound Guru Pimpy ...In order for them [Iraq] to be a sovereign nation they must have a recognizable currency, so we are rooting for the people to recognize them as a sovereign nation so that we can get the currency recognized and we definitely can expect a rate change to happen by then. It's all looking good...It seems to me like every bit of news now that we read seems to be going in a positive direction...
6-9-2020 Newshound Guru MilitiaMan ...we see the rebalancing of two potentially large partners, both Saudi Arabia and Kuwait. They will need to be fully article 8 imo to re balance the trade and investments with the two countries... They stopped the auctions about 16 days ago. Liquidity is drying up and inflation is setting in. They need to do business and quickly, or they'll have even further issues. Something they are well aware of and have a cure for...raising the value of their currency to allow them to get on and into secondary markets is one [cure] that will work to do just that...IMO We are in a very awesome place these days...
6-9-2020 Newshound Guru Kaperoni ...Iraq is in no position under the current economic and financial conditions to add value. In fact they're talking about devaluing the dinar. I have been stating for well over a year now that Iraq has a lot of work to do by passing laws, creating stability, etc to encourage investors to come in and participate in the private sector only then can the dinar go up in value.
6-9-2020 Intel Guru MarkZ [via PDK] The currency boards have been covered with rumors and all kinds of details over the last few weeks...…well, I am hearing those same things from people who send me posts and rumors and videos…So I call my banking contacts in Zurich, Dubai, Reno and Hong Kong…and I am waiting for the money to move… so yes I hear those rumors but I just do not see any money movement yet...We were expecting a lot to occur over the weekend and expecting a lot to occur overnight last night. We are seeing a lot of positioning…there are key players in key places right now….it is happening, but we need to watch it roll out…there is a lot of disclosure happening…I am excited about this.
6-9-2020 Newshound Guru Pimpy It's definitely getting close to crunch time here. We know that tomorrow on the 10th the heavy hitters start pulling in for this big meeting with the United States and Iraq. The official meeting starts on the 11th but people are arriving and starting talks on the 10th. We're definitely going to be paying close attention to what is going on over these next couple of days...
6-9-2020 Newshound/Intel Guru Mnt Goat ...The news today is short but all very good as Iraq now seems to be moving in the right direction. The stronghold of Iran on Iraq seems to be broken...We see the protestors back on track as they want the promised reforms. We are hearing that al-Kazemi is going to give them all the demands they requested. Meanwhile the CBI is making plans to launch and complete “project to delete the zeros” this year... So, NO, things are not as usual for Iraq they are moving ahead...the momentum will increase as time goes on...
6-9-2020 Intel Guru Footforward [...if they changed the rate this Wednesday, they couldn’t keep it hidden or a secret for a few weeks? They’d have to come right out with it?] yep. You can't have two different exchange rates in play. It's one or the other. You can't have one in country and another outside of the country. They can't hide this or keep it "in country"...As soon as the rate changes, it has to go international. From east to west. Would take about 8-13 hours to process through the system is what I've been told...banking systems are set up for that kind of thing. It will change in their system suddenly. Over night. From east to west.
6-9-2020 Newshound Guru Jeff ...that level of news about launching their economy, completing the 2020 budget that would suggest they're ready to change the rate because IMO the approval process of the budget is waiting on the rate change...they are preparing to send the budget for approval around the end of June. IMO they have to send it after the rate has changed.
6-9-2020 Intel Guru Frank26 ...my broker is able to get dinars still but the thing is the borders of Iraq are shut tight...also the Central Bank of Iraq about 2 1/2 years ago stopped selling dinars to money exchangers, to brokers...before you introduce a new currency, a redenomination with a new exchange rate you have to collect the old currency. You can't have dual currency out there. You can't have a dual exchange rate...It is difficult to get the Iraqi dinar...
6-9-2020 Newshound Guru Pimpy ...In order for them [Iraq] to be a sovereign nation they must have a recognizable currency, so we are rooting for the people to recognize them as a sovereign nation so that we can get the currency recognized and we definitely can expect a rate change to happen by then. It's all looking good...It seems to me like every bit of news now that we read seems to be going in a positive direction...
6-9-2020 Newshound Guru MilitiaMan ...we see the rebalancing of two potentially large partners, both Saudi Arabia and Kuwait. They will need to be fully article 8 imo to re balance the trade and investments with the two countries... They stopped the auctions about 16 days ago. Liquidity is drying up and inflation is setting in. They need to do business and quickly, or they'll have even further issues. Something they are well aware of and have a cure for...raising the value of their currency to allow them to get on and into secondary markets is one [cure] that will work to do just that...IMO We are in a very awesome place these days...
6-9-2020 Newshound Guru Kaperoni ...Iraq is in no position under the current economic and financial conditions to add value. In fact they're talking about devaluing the dinar. I have been stating for well over a year now that Iraq has a lot of work to do by passing laws, creating stability, etc to encourage investors to come in and participate in the private sector only then can the dinar go up in value.
6-8-2020 Intel Guru Footforward [...cant they also open up international without the RV as well?] not really. They have to have their own international currency for that. The dinar needs to be reinstated to it's true value before that can happen...
6-8-2020 Intel Guru MarkZ [via PDK] [Did you see the speech where POTUS said RV 5 times!!! He really hinted at an RV.] I thought that was more than a little curious. We are seeing a lot of signs...they need to stop playing games and do it.
6-8-2020 Intel Guru RayRen98 I BELIEVE...THAT "IN THE COMING DAYS" ARE DEFINITELY COMING! $$$$$...
6-8-2020 Intel Guru Footforward [ I do not understand how re-valuing the Dinar to a higher rate helps the Iraqi people...] ...it helps Iraq because they can go international. They can open their boarders and open to world which will have a massive impact on their economy. To the average person in Iraq it will help them with work. But the average person in Iraq will not become rich from this...
6-8-2020 Newshound Guru Pimpy I want to comment on the vibe. Even some of the naysayers that I usually hear from [are] starting to slightly sway in the other direction. They're starting to see a lot of things happening. I don't know if that's just the power of positive thinking. There's a lot of good vibes out there and so it just kind of pulling those individual over to the positive side because I think those types of things happen. It's looking good. Big steps happening...
6-8-2020 Intel Guru MarkZ [via PDK] Iraq did not go yet even though there were great expectations for last weekend. My diplomatic contact over there is believing that Wednesday may be the day.
6-8-2020 Newshound Guru MilitiaMan It sure looks like they are again hitting the ground running with reforms. This new PM and his FM are on fire to get things off and running. The PM held a special session on financial and economic reforms today. They normally meet Tuesdays if memory serves me well. If so this sure supports the urgency, in that having a special session is a good thing. It reeks of urgency.. imo.
6-8-2020 Intel Guru Footforward [...you have mentioned that you think that Iraqi Dinar is purposely being made almost impossible to get now...] Iraq's boarder is basically shut down. That means not much gets in or out. They are using the virus as the excuse. No one really thinks much of it. So i know because of that, dinar is hardly getting shipped out of Iraq. If Trump tells dinar dealers they have to shut down, that's going to tell people the RV is real. When the RV is about to happen, they would have to wind down sales because any unsold dinar has to go back to the CBI. That obviously is a hassle. This way, with the boarder shut down, no order has to be given for dinar to stop being sold, and no one has to send unsold dinar back. It's all sold and out of stock. This is all my opinion...
6-8-2020 Intel Guru MarkZ [via PDK] [Did you see the speech where POTUS said RV 5 times!!! He really hinted at an RV.] I thought that was more than a little curious. We are seeing a lot of signs...they need to stop playing games and do it.
6-8-2020 Intel Guru RayRen98 I BELIEVE...THAT "IN THE COMING DAYS" ARE DEFINITELY COMING! $$$$$...
6-8-2020 Intel Guru Footforward [ I do not understand how re-valuing the Dinar to a higher rate helps the Iraqi people...] ...it helps Iraq because they can go international. They can open their boarders and open to world which will have a massive impact on their economy. To the average person in Iraq it will help them with work. But the average person in Iraq will not become rich from this...
6-8-2020 Newshound Guru Pimpy I want to comment on the vibe. Even some of the naysayers that I usually hear from [are] starting to slightly sway in the other direction. They're starting to see a lot of things happening. I don't know if that's just the power of positive thinking. There's a lot of good vibes out there and so it just kind of pulling those individual over to the positive side because I think those types of things happen. It's looking good. Big steps happening...
6-8-2020 Intel Guru MarkZ [via PDK] Iraq did not go yet even though there were great expectations for last weekend. My diplomatic contact over there is believing that Wednesday may be the day.
6-8-2020 Newshound Guru MilitiaMan It sure looks like they are again hitting the ground running with reforms. This new PM and his FM are on fire to get things off and running. The PM held a special session on financial and economic reforms today. They normally meet Tuesdays if memory serves me well. If so this sure supports the urgency, in that having a special session is a good thing. It reeks of urgency.. imo.
6-8-2020 Intel Guru Footforward [...you have mentioned that you think that Iraqi Dinar is purposely being made almost impossible to get now...] Iraq's boarder is basically shut down. That means not much gets in or out. They are using the virus as the excuse. No one really thinks much of it. So i know because of that, dinar is hardly getting shipped out of Iraq. If Trump tells dinar dealers they have to shut down, that's going to tell people the RV is real. When the RV is about to happen, they would have to wind down sales because any unsold dinar has to go back to the CBI. That obviously is a hassle. This way, with the boarder shut down, no order has to be given for dinar to stop being sold, and no one has to send unsold dinar back. It's all sold and out of stock. This is all my opinion...
6-7-2020 *** Dinar Guru Newsflash *** The news is flooding in...Iraq's new prime minister has done what no other prime minister in the last 10 years has been able to do. Iraq's parliament voted and seated the last 7 ministers of PM Al-Kazemi's government. If this is fact and it appears to be, this is a monumental accomplishment and fits with everything else Iraq's leader has done in the last month. Stay tuned as gurus chime on this unexpected development. The latest guru posts will continue below...
6-7-2020 Newshound Guru MilitiaMan Article: "Member of Parliamentary Finance: The country's financial situation is very critical and we are working to get out of the crisis" Another reiteration of what is going on. But, Al-Nassery just told us what he is doing and that is going into the social market economy. That includes the Secondary Markets...They are not going into the market economies of the world at a program rate. The theme is not wait and stagnate it is ACTIVATE!! They say in the current week to come...
6-7-2020 Newshound Guru Pimpy ...we are so close it's not even funny. What I'm seeing in these news articles is Iraq is setting themselves up to be a sovereign nation again. Yes, finally! 'But why is that a big deal Pimpy?' I'll tell you. In order for them to be a sovereign nation they must have an internationally recognized currency. Yes, a currency that's recognized and traded on the Forex. This is good. This is what we want to see happening...hope and pray...This what we need to help the Iraqi dinar get back on the international scene so that the rate change can take place...
6-7-2020 Intel Guru RayRen98 ...The Kurds are sending a delegation to Baghdad next week to finalize the deal. That's the oil and gas Article 140. That should be the final missing part since the full cabinet is now seated...
6-7-2020 Newshound Guru Jeff ...I keep stressing this is about accounting periods. I also told you numerous times that Iraq is walking in Kuwaits footsteps. Kuwait changed their rate over the last month of the quarter in the 3rd weekend of the month...that is the period of June 21st...June 21st is the end of the third week of the last month of the quarter.
6-7-2020 Newshound/Intel Guru RVAlready No dinar on the US market would be a positive indicator, IMO. If I were Iraq, I’d be pushing to get the RV done this weekend.
6-7-2020 Intel Guru Frank26 ...you have a government [Iraq] and the government was actually put together by Donald Trump. You [Iraq citizens] are now going to get what you deserve...an increase in the value of your currency so you have more purchasing power. You'll be one-to-one with the American dollar inside of your county and outside eventually your currency will float and it'll have an international rate...I think you already know what that rate is. Look at what the rate is for Saudi Arabia. Look at what the rate is for Kuwait. You're not only going to have purchasing power added but now you're going to have the mineral rights, oil rights...the Kurds IMO put their signature on this HCL and it's going to be delivered I believe on Monday...
6-7-2020 Newshound Guru Pimpy They are talking a lot about the rate change. Some of the changes seem very minor but any change is better than no change at all. It's hard not to get overly excited. Let's keep positive and pay attention to what's going on because like I said ever since Al-Kazemi got put into office man that guy's hitting the ground running.
6-7-2020 Intel Guru Footforward [...what do you think dollar amount will be for the dinar RV?] ...This is all my opinion and not financial or investment advice. Dinar I'm hoping for something between $3.50 and 6.00 and on the dong I'm hoping for 5 - 25 cents...the plan for the longest time was the dong at 5 - 10 cents. The only reason it may be higher now is because Vietnam wants to pull away from China. I don't think $1 on the dong is possible or realistic. And I think even 50 cents is a stretch...Heck even 25 cents for them is a big stretch.
6-7-2020 Newshound Guru Pimpy ...we are so close it's not even funny. What I'm seeing in these news articles is Iraq is setting themselves up to be a sovereign nation again. Yes, finally! 'But why is that a big deal Pimpy?' I'll tell you. In order for them to be a sovereign nation they must have an internationally recognized currency. Yes, a currency that's recognized and traded on the Forex. This is good. This is what we want to see happening...hope and pray...This what we need to help the Iraqi dinar get back on the international scene so that the rate change can take place...
6-7-2020 Intel Guru RayRen98 ...The Kurds are sending a delegation to Baghdad next week to finalize the deal. That's the oil and gas Article 140. That should be the final missing part since the full cabinet is now seated...
6-7-2020 Newshound Guru Jeff ...I keep stressing this is about accounting periods. I also told you numerous times that Iraq is walking in Kuwaits footsteps. Kuwait changed their rate over the last month of the quarter in the 3rd weekend of the month...that is the period of June 21st...June 21st is the end of the third week of the last month of the quarter.
6-7-2020 Newshound/Intel Guru RVAlready No dinar on the US market would be a positive indicator, IMO. If I were Iraq, I’d be pushing to get the RV done this weekend.
6-7-2020 Intel Guru Frank26 ...you have a government [Iraq] and the government was actually put together by Donald Trump. You [Iraq citizens] are now going to get what you deserve...an increase in the value of your currency so you have more purchasing power. You'll be one-to-one with the American dollar inside of your county and outside eventually your currency will float and it'll have an international rate...I think you already know what that rate is. Look at what the rate is for Saudi Arabia. Look at what the rate is for Kuwait. You're not only going to have purchasing power added but now you're going to have the mineral rights, oil rights...the Kurds IMO put their signature on this HCL and it's going to be delivered I believe on Monday...
6-7-2020 Newshound Guru Pimpy They are talking a lot about the rate change. Some of the changes seem very minor but any change is better than no change at all. It's hard not to get overly excited. Let's keep positive and pay attention to what's going on because like I said ever since Al-Kazemi got put into office man that guy's hitting the ground running.
6-7-2020 Intel Guru Footforward [...what do you think dollar amount will be for the dinar RV?] ...This is all my opinion and not financial or investment advice. Dinar I'm hoping for something between $3.50 and 6.00 and on the dong I'm hoping for 5 - 25 cents...the plan for the longest time was the dong at 5 - 10 cents. The only reason it may be higher now is because Vietnam wants to pull away from China. I don't think $1 on the dong is possible or realistic. And I think even 50 cents is a stretch...Heck even 25 cents for them is a big stretch.
6-6-2020 Intel Guru Frank26 They're in the process of letting it be official...of realizing it. I'm happy and I hope you are too...be grateful for the evidence that you're seeing in your investment. I love you...
6-6-2020 Newshound Guru MilitiaMan Article: "Member of Parliamentary Finance: The country's financial situation is very critical and we are working to get out of the crisis" Another reiteration of what is going on. But, Al-Nassery just told us what he is doing and that is going into the social market economy. That includes the Secondary Markets...They are not going into the market economies of the world at a program rate. The theme is not wait and stagnate it is ACTIVATE!! They say in the current week to come...
6-6-2020 Newshound Guru Pimpy there's a lot of reasons to be excited...some things happened yesterday or I should say last night while you were sleeping...it's a little exciting... Article "Parliament passes vacant bag candidates and succeeds in completing the A-Kazemi government" Yes it's okay, you can clap or you can pee-pee dance it's okay! It looks like his cabinet is complete. I don't see anything missing...it looks like finally Al-Kazemi has a complete cabinet, Yay! ...I feel good about this...there's a lot of positive vibes going on out there...
6-6-2020 Newshound Guru Jeff Article "Parliament passes vacant bag candidates and succeeds in completing the Al-Kazemi government" They have completed the full formation of the government. But remember I told you there were two things needed which are the linchpin. Two not one. They have to finish their agreement with Kurdistan and they had to finish the last 7 ministers. The last 7 ministers is done. Out of 2 you have 1 remaining. Article "Next week a delegation will visit Baghdad to resolve the agreement on the oil file". This is Kurdistan...you're gonna have everything pretty much done within a week. They should have this done probably by the 10th...they're on track to finish the two remaining items. They already got the government done. They could most likely have the second last remaining variable...done next week...that will allow them to probably change the rate during the second half of June...It looks like Iraq will go international as well during that second half of June.
6-6-2020 Intel Guru Footforward Tweet: "Mustafa Al-Kadhimi: My cabinet is now complete with today's vote... This is vital in implementing our program and delivering on our commitments to our people - who are waiting for actions, not words. I think parliament for renewing its confidence. We will move forward with optimism and fortitude." [So this means the government has formed completely then?] yes. ...You notice he's talking about actions. What actions do Iraqis want? They want monetary reform. [things are looking good for this month.] agreed.
6-6-2020 Newshound/Intel Guru Mnt Goat Article: "INCLUDING STOPPING THE CURRENCY AUCTION AND CHANGING THE DINAR PRICE .. 5 DEPUTIES PRESENT PROPOSALS TO BRIDGE THE BUDGET DEFICIT" ...this is one of those WOW articles. ...these are members of the House of Representatives so the next area to take up these recommendations would be the Finance Committee and then the CBI. But I have to tell you this is already in motion and the CBI is already working on these measures. But it was very nice to see parliamentary members making their ideas heard and for once coming up with sensible recommendations that will work.
6-6-2020 Newshound Guru Jeff ...we've got a lot going on. The news is red-hot...we're probably around the second half of June...This thing is coming upon us. We're at the very end of it.
6-6-2020 Intel Guru Frank26 It's time to realize in my opinion that the monetary reform is point-blank. It's out there and they're talking about it to the citizens - the trickling down of information just the way we told you. They are protecting it. The CBI has locked their doors. The borders are shut down. Have you called anybody to see if you can buy this currency? It's getting harder to get that's all.
6-6-2020 Newshound Guru Pimpy Article "Parliamentary solutions to the financial crisis Al-Kazemi's office...Trends towards changing the dollar policy and the exchange rate" Well I don't know about you guys, I can think of a way...man I'm telling you 2020 is our year. Let's not get overly excited but go ahead, we can do the pee-pee dance just a little bit! Looking good!
6-6-2020 Newshound Guru MilitiaMan Article: "Member of Parliamentary Finance: The country's financial situation is very critical and we are working to get out of the crisis" Another reiteration of what is going on. But, Al-Nassery just told us what he is doing and that is going into the social market economy. That includes the Secondary Markets...They are not going into the market economies of the world at a program rate. The theme is not wait and stagnate it is ACTIVATE!! They say in the current week to come...
6-6-2020 Newshound Guru Pimpy there's a lot of reasons to be excited...some things happened yesterday or I should say last night while you were sleeping...it's a little exciting... Article "Parliament passes vacant bag candidates and succeeds in completing the A-Kazemi government" Yes it's okay, you can clap or you can pee-pee dance it's okay! It looks like his cabinet is complete. I don't see anything missing...it looks like finally Al-Kazemi has a complete cabinet, Yay! ...I feel good about this...there's a lot of positive vibes going on out there...
6-6-2020 Newshound Guru Jeff Article "Parliament passes vacant bag candidates and succeeds in completing the Al-Kazemi government" They have completed the full formation of the government. But remember I told you there were two things needed which are the linchpin. Two not one. They have to finish their agreement with Kurdistan and they had to finish the last 7 ministers. The last 7 ministers is done. Out of 2 you have 1 remaining. Article "Next week a delegation will visit Baghdad to resolve the agreement on the oil file". This is Kurdistan...you're gonna have everything pretty much done within a week. They should have this done probably by the 10th...they're on track to finish the two remaining items. They already got the government done. They could most likely have the second last remaining variable...done next week...that will allow them to probably change the rate during the second half of June...It looks like Iraq will go international as well during that second half of June.
6-6-2020 Intel Guru Footforward Tweet: "Mustafa Al-Kadhimi: My cabinet is now complete with today's vote... This is vital in implementing our program and delivering on our commitments to our people - who are waiting for actions, not words. I think parliament for renewing its confidence. We will move forward with optimism and fortitude." [So this means the government has formed completely then?] yes. ...You notice he's talking about actions. What actions do Iraqis want? They want monetary reform. [things are looking good for this month.] agreed.
6-6-2020 Newshound/Intel Guru Mnt Goat Article: "INCLUDING STOPPING THE CURRENCY AUCTION AND CHANGING THE DINAR PRICE .. 5 DEPUTIES PRESENT PROPOSALS TO BRIDGE THE BUDGET DEFICIT" ...this is one of those WOW articles. ...these are members of the House of Representatives so the next area to take up these recommendations would be the Finance Committee and then the CBI. But I have to tell you this is already in motion and the CBI is already working on these measures. But it was very nice to see parliamentary members making their ideas heard and for once coming up with sensible recommendations that will work.
6-6-2020 Newshound Guru Jeff ...we've got a lot going on. The news is red-hot...we're probably around the second half of June...This thing is coming upon us. We're at the very end of it.
6-6-2020 Intel Guru Frank26 It's time to realize in my opinion that the monetary reform is point-blank. It's out there and they're talking about it to the citizens - the trickling down of information just the way we told you. They are protecting it. The CBI has locked their doors. The borders are shut down. Have you called anybody to see if you can buy this currency? It's getting harder to get that's all.
6-6-2020 Newshound Guru Pimpy Article "Parliamentary solutions to the financial crisis Al-Kazemi's office...Trends towards changing the dollar policy and the exchange rate" Well I don't know about you guys, I can think of a way...man I'm telling you 2020 is our year. Let's not get overly excited but go ahead, we can do the pee-pee dance just a little bit! Looking good!
6-5-2020 Intel Guru Frank26 Articles...5 or 6 of them today boom boom boom boom boom all talking about the fact that, 'We're gonna raise the value of our currency. We're gonna change the exchange rate value.' These are things you only dream about. To see them right in front of us now well it's because the monetary reform is really progressing...
6-5-2020 Newshound Guru MilitiaMan Article quote: "The President of the Republic emphasizes adopting a balanced monetary policy and working to strengthen the financial situation" There is no stopping this now from the looks of it. All has been coming together and shows that all the years of work, now are aligned and ready to go international... They have published time lines for contractual issues, that will have to be adhered to. I am smiling!!
6-5-2020 Intel Guru Bruce [via WiserNow] we are looking for... us to get moving probably...by Tuesday...We have been delayed by the activity going on throughout the country – it has definitely held us back...we know that Iraq is going to have their new rate – on their Dinar – official – as of Saturday – but we in the US won’t see it until Monday...Overall I can just tell you that everything seems to be moving finally in the direction that we want it to...the main thing is that we stay positive because we do think that this is finally it...
6-5-2020 Newshound Guru Pimpy This is flying around the dinar community. President Trump quote, "I may have to buy one of those things, drive around town. Maybe I'll drive back to New York with our First Lady in a trailer. What do they call that? An RV, an RV." People are saying Trump is doing "Trump speak" that this indeed is his way of saying the RV's getting ready to happen. Is it getting ready to happen? I think so but I don't know if this "RV" has anything to do with it. I think we just like to hear him say RV.
6-5-2020 Intel Guru Frank26 ...we explained to you months ago that the President of the United States of America was now heavily involved with the monetary reform of the Iraqi dinar...many articles have come out...we told you the Central Bank of Iraq was ready and we also suggested the GOI also needed to be ready in order to pass what the CBI has - the monetary reform plan...In the last 4 or 5 days it's been a meteor shower - boom boom boom boom of statements from who? Mainly the Prime Minister Kazemi. He has the same game plan that the President of the United States has...after coming under heavy criticism the Central Bank stopped the currency auctions. That was the 1st step Donald Trump wanted to accomplish. By doing so, they're not going to use the American dollar anymore.
6-5-2020 Intel Guru MarkZ [via PDK] ...my Iraqi contacts still believe we are in the week…I will not be a bit surprised to suddenly see it all come together…We are seeing the Perfect Storm come together as we speak...I am excited at seeing so much start to happen, Iraq stopping currency... auctions...we are seeing a lot of pieces come together...so, my Iraqi sources would agree...I did not think things would come together this quickly but they are… There is so much happening right now…this is exciting and it’s all starting to come together…sooner then we may have thought.
6-5-2020 Newshound Guru Kaperoni A couple of great news articles this week... 1 an opinion piece on changing the dinar exchange rate. The other seems to be recommendations from the parliamentary finance committee today including floating the dinar.
6-5-2020 Newshound/Intel Guru Mnt Goat ...they are now actually openly debating all the options as to what to do to save the economy of Iraq. Part of these discussions does include ending the currency auctions and the possibility of a “float” but, as we can see, they mean a float against other global currencies. You can’t float the dinar against just the US dollar as it is now solely pegged just to the US dollar. This is now a “fixed” rate. So the discussions evolved around a drastic change. By the way the CBI has already announced it WILL NOT devalue the dinar as a solution...
6-5-2020 Newshound Guru MilitiaMan Article: "After Coming Under Heavy Criticism...The Central Bank Stops The Currency Auction" Now add in the meeting with Alak and the President on financial ongoing's. Then think about the upcoming meetings to vote on Cabinet, then add in the ISX is scheduled to open again on Sunday, then there is the SFA for the 10th - 11th. All the talk about the borders, taxes & tarrifs, fees all being electronic, the contracts adjusting for shipping costs by 07/01/2020 need to be in place by then. Those things need an international rate and pronto!! The convergence is astonishing! imo ...
6-5-2020 Newshound Guru MilitiaMan Article quote: "The President of the Republic emphasizes adopting a balanced monetary policy and working to strengthen the financial situation" There is no stopping this now from the looks of it. All has been coming together and shows that all the years of work, now are aligned and ready to go international... They have published time lines for contractual issues, that will have to be adhered to. I am smiling!!
6-5-2020 Intel Guru Bruce [via WiserNow] we are looking for... us to get moving probably...by Tuesday...We have been delayed by the activity going on throughout the country – it has definitely held us back...we know that Iraq is going to have their new rate – on their Dinar – official – as of Saturday – but we in the US won’t see it until Monday...Overall I can just tell you that everything seems to be moving finally in the direction that we want it to...the main thing is that we stay positive because we do think that this is finally it...
6-5-2020 Newshound Guru Pimpy This is flying around the dinar community. President Trump quote, "I may have to buy one of those things, drive around town. Maybe I'll drive back to New York with our First Lady in a trailer. What do they call that? An RV, an RV." People are saying Trump is doing "Trump speak" that this indeed is his way of saying the RV's getting ready to happen. Is it getting ready to happen? I think so but I don't know if this "RV" has anything to do with it. I think we just like to hear him say RV.
6-5-2020 Intel Guru Frank26 ...we explained to you months ago that the President of the United States of America was now heavily involved with the monetary reform of the Iraqi dinar...many articles have come out...we told you the Central Bank of Iraq was ready and we also suggested the GOI also needed to be ready in order to pass what the CBI has - the monetary reform plan...In the last 4 or 5 days it's been a meteor shower - boom boom boom boom of statements from who? Mainly the Prime Minister Kazemi. He has the same game plan that the President of the United States has...after coming under heavy criticism the Central Bank stopped the currency auctions. That was the 1st step Donald Trump wanted to accomplish. By doing so, they're not going to use the American dollar anymore.
6-5-2020 Intel Guru MarkZ [via PDK] ...my Iraqi contacts still believe we are in the week…I will not be a bit surprised to suddenly see it all come together…We are seeing the Perfect Storm come together as we speak...I am excited at seeing so much start to happen, Iraq stopping currency... auctions...we are seeing a lot of pieces come together...so, my Iraqi sources would agree...I did not think things would come together this quickly but they are… There is so much happening right now…this is exciting and it’s all starting to come together…sooner then we may have thought.
6-5-2020 Newshound Guru Kaperoni A couple of great news articles this week... 1 an opinion piece on changing the dinar exchange rate. The other seems to be recommendations from the parliamentary finance committee today including floating the dinar.
6-5-2020 Newshound/Intel Guru Mnt Goat ...they are now actually openly debating all the options as to what to do to save the economy of Iraq. Part of these discussions does include ending the currency auctions and the possibility of a “float” but, as we can see, they mean a float against other global currencies. You can’t float the dinar against just the US dollar as it is now solely pegged just to the US dollar. This is now a “fixed” rate. So the discussions evolved around a drastic change. By the way the CBI has already announced it WILL NOT devalue the dinar as a solution...
6-5-2020 Newshound Guru MilitiaMan Article: "After Coming Under Heavy Criticism...The Central Bank Stops The Currency Auction" Now add in the meeting with Alak and the President on financial ongoing's. Then think about the upcoming meetings to vote on Cabinet, then add in the ISX is scheduled to open again on Sunday, then there is the SFA for the 10th - 11th. All the talk about the borders, taxes & tarrifs, fees all being electronic, the contracts adjusting for shipping costs by 07/01/2020 need to be in place by then. Those things need an international rate and pronto!! The convergence is astonishing! imo ...
6-4-2020 Intel Guru Footforward ...at this point...In my opinion, this should happen in June. They want to do a ton of things economically July 1, and they need an RV for all of it
6-4-2020 Newshound Guru Adam Montana These topics will get you up to speed on "the rest of the story" quickly:
1. Kazemi-Kazammi is not a Kurd, he's not "one of them", but the Kurds are supporting him. This has monumental potential:
2. Iran has lost their power. The "Iran factor" that has held Iraq back in the past is just that... the past.
3. Kazzami has reportedly made his picks, and Parliament should rubber stamp them next week. This is progress...They may not vote every one of them in, but 80% will be enough to move forward.
4. ...Parliament is working...
Life is good, things in the desert look positive...
6-4-2020 Intel Guru MarkZ [via PDK] Iraqi contacts are still looking for Saturday Morning and still believe we are right in the middle of it. One contact is diplomatic and one works in the finance ministry. A couple contacts are business contractors…one from Australia , and they are working in Iraq. [Are you looking for RV tomorrow?] Not tomorrow… I am looking at the next days or week or two… Things are definitely ramping up.
6-4-2020 Intel Guru Footforward RV won't ever be on a Friday...Not in Iraq...Friday is their Holy Day there. Nothing happens on that day. [so what is a good day for the VND?] ...really any day. Likely not a Friday either...
6-4-2020 Newshound Guru Jeff ...there's two things they got to do for the rate change. - 7 ministers of the cabinet. - Complete that agreement with Kurdistan and sign off on it. They're most likely to complete those the same week. The reason why they didn't do it today, it's real simple. It's because they have a rate change date already set and scheduled. It's done...the last remaining items they're theoretically the linchpin for the rate change. What they're going to do is finish these items in closer proximity to the timing of the rate change...when you see these items they are confirmation that the rate change is about to happen...you're right on the edge of the rate change. This rate change is not going into July. It's happening in the second half of June. The date is right in front of your eyes.
6-4-2020 Newshound Guru Adam Montana ...After a series of unsuccessful attempts at appointing a Prime Minister, Kazemi (RV Kazammy!!!) is approaching only two short months in office, but he's seriously kicking butt! We don't have an HCL agreement (yet), so we don't have an RV. But we are getting close. Kazammi is possibly the first political figure in a position to have a real chance at getting the HCL to pass. One of the reasons is stated on Wikipedia fairly well: Quote: "Al-Kadhimi was a vocal opponent to the dictatorship of the Saddam Hussein regime.[3] He left Iraq in 1985 to Iran then Germany and settled in United Kingdom and lived in exile for several years, yet is not affiliated with any of the Iraqi political parties." The HCL is a VERY polarized topic. In order for it to come together, a couple of opposing parties have to agree on it... and a neutral party as mediator is the best way to go. That's our guy Kazzami!
6-4-2020 Intel Guru MarkZ [Iraq also said yesterday they were going to not float the new rate. that would manage it.] that is how I understand it. Managed and not float. Fixed to an asset standard. That is a good indicator for us.
6-4-2020 Newshound Guru Adam Montana These topics will get you up to speed on "the rest of the story" quickly:
1. Kazemi-Kazammi is not a Kurd, he's not "one of them", but the Kurds are supporting him. This has monumental potential:
2. Iran has lost their power. The "Iran factor" that has held Iraq back in the past is just that... the past.
3. Kazzami has reportedly made his picks, and Parliament should rubber stamp them next week. This is progress...They may not vote every one of them in, but 80% will be enough to move forward.
4. ...Parliament is working...
Life is good, things in the desert look positive...
6-4-2020 Intel Guru MarkZ [via PDK] Iraqi contacts are still looking for Saturday Morning and still believe we are right in the middle of it. One contact is diplomatic and one works in the finance ministry. A couple contacts are business contractors…one from Australia , and they are working in Iraq. [Are you looking for RV tomorrow?] Not tomorrow… I am looking at the next days or week or two… Things are definitely ramping up.
6-4-2020 Intel Guru Footforward RV won't ever be on a Friday...Not in Iraq...Friday is their Holy Day there. Nothing happens on that day. [so what is a good day for the VND?] ...really any day. Likely not a Friday either...
6-4-2020 Newshound Guru Jeff ...there's two things they got to do for the rate change. - 7 ministers of the cabinet. - Complete that agreement with Kurdistan and sign off on it. They're most likely to complete those the same week. The reason why they didn't do it today, it's real simple. It's because they have a rate change date already set and scheduled. It's done...the last remaining items they're theoretically the linchpin for the rate change. What they're going to do is finish these items in closer proximity to the timing of the rate change...when you see these items they are confirmation that the rate change is about to happen...you're right on the edge of the rate change. This rate change is not going into July. It's happening in the second half of June. The date is right in front of your eyes.
6-4-2020 Newshound Guru Adam Montana ...After a series of unsuccessful attempts at appointing a Prime Minister, Kazemi (RV Kazammy!!!) is approaching only two short months in office, but he's seriously kicking butt! We don't have an HCL agreement (yet), so we don't have an RV. But we are getting close. Kazammi is possibly the first political figure in a position to have a real chance at getting the HCL to pass. One of the reasons is stated on Wikipedia fairly well: Quote: "Al-Kadhimi was a vocal opponent to the dictatorship of the Saddam Hussein regime.[3] He left Iraq in 1985 to Iran then Germany and settled in United Kingdom and lived in exile for several years, yet is not affiliated with any of the Iraqi political parties." The HCL is a VERY polarized topic. In order for it to come together, a couple of opposing parties have to agree on it... and a neutral party as mediator is the best way to go. That's our guy Kazzami!
6-4-2020 Intel Guru MarkZ [Iraq also said yesterday they were going to not float the new rate. that would manage it.] that is how I understand it. Managed and not float. Fixed to an asset standard. That is a good indicator for us.
6-3-2020 Newshound Guru Pimpy ...there are a lot of reason to be excited about this month...I'm noticing that the other so-called gurus some of them are already making excuses saying...it's the riots. It's just gonna be one excuse after another. Someone asked me, 'do you think all these things are happening to prevent the exchange from changing?' I don't think one has to do with the other. But if I was Trump and I wanted to quickly squash all the rioting and get everybody happy again - make the rate change happen. That would definitely be a distraction from everything that's going on. We are in June now. We are in the summer months. We're going into the second half of the year. Trump promised us a good third quarter and even more explosive fourth quarter and a better 2021. We're all expecting the same thing and that is to see a rate change...
6-3-2020 Guest Guru Petra ...clearly to me there is a change going on in the process with the Iraqi dinar...it's all culminating to what we're seeing right now and that is the imminent change of the Iraqi Dinar. To me it's very clear.
6-3-2020 Intel Guru Bruce ...I don’t think this is going to go on for too long...it’s close and we should be there either Wednesday/Thursday...Yesterday we had the green light from the IMF...Now – if we get that so called green light – from that final agency – then we should be good to go – either tomorrow [Wednesday] or Thursday – Obviously the best day that we could go would be on a Wednesday – that is the day Kuwait revalued – back in the 90’s – and we think that would be the best and I think the Iraqi’s would like to see it happen on Wednesday as well... we don’t have a start time on it – we have a “tentative” start time over the next couple of days – depending upon the full blown release of security to begin... IMF is ready to go – other institutions ready - we are now on as of ...1st of June completely on the Quantum financial system - away from the Swift System – it’s all good...
6-3-2020 Intel Guru MarkZ [via PDK] I am still hearing that tonight is still the expectation from the banking and government side...I still feel there is not enough safety...I hope the government and banking sources are right and I am wrong. [So is this the week?] if you listen to my banking and government sources they swear this is the week. Even my Iraq contacts believe this is the week...they are printing Lower denominations and educating the people…while they get rid of auctions... Keep in mind that literally the morning before they revalued - Kuwait told us it would be years before they could revalue...
6-3-2020 Intel Guru Delta ...this is what the media is telling everybody in Iraq right now...they're about to come out with a new exchange rates...they're going to implement the financial reforms and currency reforms and they're going to change the exchange rate of the IQD...it doesn't get more crystal clear than this...
6-3-2020 Newshound Guru Breitling ...Iraq is so on the edge of adding value to their currency. I'm waiting for more information coming in.
6-3-2020 Newshound Guru Pimpy ...I can't help but be impressed with the speed and due diligence of al-Kazemi. He's really doing what he needs to do to make sure that Iraq is becoming stable and preparing for the future. It's really impressive... What happens in the middle of this month? Yes that's right the big meeting is going to take place therefor we must have all our ducks in a row and I absolutely feel positive that the cabinet will be completed before Americans show up...not only is he filling his cabinet but he's passing laws. This guy is unbelievable!
6-3-2020 Newshound Guru MilitiaMan Article: "The government is preparing to issue a new reform package mid this week" Wednesday there is to be meetings on the Laws needed for many things that include Laws for Monetary Reforms. I suspect that since they have been talking about the 2019 FMLA and the secondary markets it will be a day to watch close. ...the reforms need the international rate to be applied to the currency to facilitate the ability for the IQD and the ISX to interlink internationally...
6-3-2020 Intel Guru Frank26 ...we told you there would be a trickling of information down to the citizens. They're talking to the citizens on television about the exchange rate. Adding value to their currency...information is flowing very rapidly right now ladies and gentlemen. I mean it's just as obvious as can be...
6-3-2020 Guest Guru Petra ...clearly to me there is a change going on in the process with the Iraqi dinar...it's all culminating to what we're seeing right now and that is the imminent change of the Iraqi Dinar. To me it's very clear.
6-3-2020 Intel Guru Bruce ...I don’t think this is going to go on for too long...it’s close and we should be there either Wednesday/Thursday...Yesterday we had the green light from the IMF...Now – if we get that so called green light – from that final agency – then we should be good to go – either tomorrow [Wednesday] or Thursday – Obviously the best day that we could go would be on a Wednesday – that is the day Kuwait revalued – back in the 90’s – and we think that would be the best and I think the Iraqi’s would like to see it happen on Wednesday as well... we don’t have a start time on it – we have a “tentative” start time over the next couple of days – depending upon the full blown release of security to begin... IMF is ready to go – other institutions ready - we are now on as of ...1st of June completely on the Quantum financial system - away from the Swift System – it’s all good...
6-3-2020 Intel Guru MarkZ [via PDK] I am still hearing that tonight is still the expectation from the banking and government side...I still feel there is not enough safety...I hope the government and banking sources are right and I am wrong. [So is this the week?] if you listen to my banking and government sources they swear this is the week. Even my Iraq contacts believe this is the week...they are printing Lower denominations and educating the people…while they get rid of auctions... Keep in mind that literally the morning before they revalued - Kuwait told us it would be years before they could revalue...
6-3-2020 Intel Guru Delta ...this is what the media is telling everybody in Iraq right now...they're about to come out with a new exchange rates...they're going to implement the financial reforms and currency reforms and they're going to change the exchange rate of the IQD...it doesn't get more crystal clear than this...
6-3-2020 Newshound Guru Breitling ...Iraq is so on the edge of adding value to their currency. I'm waiting for more information coming in.
6-3-2020 Newshound Guru Pimpy ...I can't help but be impressed with the speed and due diligence of al-Kazemi. He's really doing what he needs to do to make sure that Iraq is becoming stable and preparing for the future. It's really impressive... What happens in the middle of this month? Yes that's right the big meeting is going to take place therefor we must have all our ducks in a row and I absolutely feel positive that the cabinet will be completed before Americans show up...not only is he filling his cabinet but he's passing laws. This guy is unbelievable!
6-3-2020 Newshound Guru MilitiaMan Article: "The government is preparing to issue a new reform package mid this week" Wednesday there is to be meetings on the Laws needed for many things that include Laws for Monetary Reforms. I suspect that since they have been talking about the 2019 FMLA and the secondary markets it will be a day to watch close. ...the reforms need the international rate to be applied to the currency to facilitate the ability for the IQD and the ISX to interlink internationally...
6-3-2020 Intel Guru Frank26 ...we told you there would be a trickling of information down to the citizens. They're talking to the citizens on television about the exchange rate. Adding value to their currency...information is flowing very rapidly right now ladies and gentlemen. I mean it's just as obvious as can be...
6-2-2020 Guest Guru Petra ...Fantastic news. Its coming together in a culmination of education. The fact that they're under curfew and then what do they [Iraqi citizens] do? They sit and watch TV. What else are they gonna do? And they hear a presentation like that informing them on what's coming [Reference Guru Delta's Post 6-2-2020]. It's all part of the process. It's all part of the fact that they're kind of forcing education on them. I still think they need some time to ask questions and to go in and do their exchanging if they wanted with the new smaller category notes when those come out. I think all this information is great...
6-2-2020 Intel Guru Delta ...everybody knows I watch...the Iraqi channel. I speak the language. That's old news for you...there was this information coming up from Iraq channels and the Central Bank of Iraq they're coming out with new rates and the new rate is going to be...managed, not float. Then last night one of the financial committee of the parliament...he had an hour and half interview with one of the major Iraqi channels...it is just amazing...he mentions...that they're going to change the exchange rate. I know some of you might ask, 'Did they say that on live TV?' Of course they said that. There's no secret anymore that they need to change that...this is unbelievable!...I'm not exaggerating. No.
6-2-2020 Newshound Guru MilitiaMan Article: "Political movement to choose a foreign minister before the strategic dialogue with Washington" Quote: "Prime Minister Mustafa Al-Kazemi wants to complete the vacant ministries as soon as possible, indicating that the delay is due to deep differences between the political blocs" There you go... The pressure is on and and big time. The 10th is not far off. imo They need time for the minister to see the files that they will discuss at the SFA meeting... More good stuff for us... imo...
6-2-2020 Newshound/Intel Guru Mnt Goat I am still hearing from the CBI that they fully intend to complete the project to delete the zeros and do it much sooner than later. But I have no official article or announcements yet from the CBI in this regard. I was told we should see some announcement soon of the progress and what they intend to do next. We still wait for this from the CBI. It is supposed to come out this week.
6-2-2020 Intel Guru MarkZ [via PDK] What I am hearing is Reno banking contacts swear that things are indeed moving…and that we will see the fruition by tomorrow night midnight their time. I am still not seeing enough disclosure in my book…but I hope they are correct. Government sources are saying Wednesday is the “go” . I hope they are correct and the banking side is right. My Iraqi sources...i have 3 on the ground…have great chatter…they are looking for something between now and Saturday morning. ...I know I was looking for June 1st…it did not come to fruition…I do not think we are far out…
6-2-2020 Newshound Guru Pimpy ...There's a lot of things happening in Iraq that I can't help to think to myself I'm not sure how they're gonna do these things or how any of these are gonna be possible without having a currency that's not recognized internationally. I just don't know how some of these agreements that they're getting into are going to be able to be fulfilled without having their currency rate changed or at least recognized internationally. There is some type of conference that's coming up in July where they open up to the rest of the world to come on in and think about investing into Iraq. There is going to be a plethora of nations invited and I have a feeling you're gonna see a lot of them come. Having said that it's gonna be really hard for this to be accomplished if they don't have a currency that's recognizable internationally...
6-2-2020 Newshound Guru MilitiaMan Article: "The government is preparing to issue a new reform package mid this week" Wednesday there is to be meetings on the Laws needed for many things that include Laws for Monetary Reforms. I suspect that since they have been talking about the 2019 FMLA and the secondary markets it will be a day to watch close. ...the reforms need the international rate to be applied to the currency to facilitate the ability for the IQD and the ISX to interlink internationally...
6-2-2020 Newshound Guru Kaperoni As for the dinar's value, it is not at a program rate. That is guru's taking a directive from the IMF and misrepresenting that meaning. The dinar exchange rate is it's real rate... The currency is already an internationally-recognized currency they just haven't accepted IMF Article VIII making international banks more willing to want to engage in commerce with it.
6-2-2020 Intel Guru Delta ...everybody knows I watch...the Iraqi channel. I speak the language. That's old news for you...there was this information coming up from Iraq channels and the Central Bank of Iraq they're coming out with new rates and the new rate is going to be...managed, not float. Then last night one of the financial committee of the parliament...he had an hour and half interview with one of the major Iraqi channels...it is just amazing...he mentions...that they're going to change the exchange rate. I know some of you might ask, 'Did they say that on live TV?' Of course they said that. There's no secret anymore that they need to change that...this is unbelievable!...I'm not exaggerating. No.
6-2-2020 Newshound Guru MilitiaMan Article: "Political movement to choose a foreign minister before the strategic dialogue with Washington" Quote: "Prime Minister Mustafa Al-Kazemi wants to complete the vacant ministries as soon as possible, indicating that the delay is due to deep differences between the political blocs" There you go... The pressure is on and and big time. The 10th is not far off. imo They need time for the minister to see the files that they will discuss at the SFA meeting... More good stuff for us... imo...
6-2-2020 Newshound/Intel Guru Mnt Goat I am still hearing from the CBI that they fully intend to complete the project to delete the zeros and do it much sooner than later. But I have no official article or announcements yet from the CBI in this regard. I was told we should see some announcement soon of the progress and what they intend to do next. We still wait for this from the CBI. It is supposed to come out this week.
6-2-2020 Intel Guru MarkZ [via PDK] What I am hearing is Reno banking contacts swear that things are indeed moving…and that we will see the fruition by tomorrow night midnight their time. I am still not seeing enough disclosure in my book…but I hope they are correct. Government sources are saying Wednesday is the “go” . I hope they are correct and the banking side is right. My Iraqi sources...i have 3 on the ground…have great chatter…they are looking for something between now and Saturday morning. ...I know I was looking for June 1st…it did not come to fruition…I do not think we are far out…
6-2-2020 Newshound Guru Pimpy ...There's a lot of things happening in Iraq that I can't help to think to myself I'm not sure how they're gonna do these things or how any of these are gonna be possible without having a currency that's not recognized internationally. I just don't know how some of these agreements that they're getting into are going to be able to be fulfilled without having their currency rate changed or at least recognized internationally. There is some type of conference that's coming up in July where they open up to the rest of the world to come on in and think about investing into Iraq. There is going to be a plethora of nations invited and I have a feeling you're gonna see a lot of them come. Having said that it's gonna be really hard for this to be accomplished if they don't have a currency that's recognizable internationally...
6-2-2020 Newshound Guru MilitiaMan Article: "The government is preparing to issue a new reform package mid this week" Wednesday there is to be meetings on the Laws needed for many things that include Laws for Monetary Reforms. I suspect that since they have been talking about the 2019 FMLA and the secondary markets it will be a day to watch close. ...the reforms need the international rate to be applied to the currency to facilitate the ability for the IQD and the ISX to interlink internationally...
6-2-2020 Newshound Guru Kaperoni As for the dinar's value, it is not at a program rate. That is guru's taking a directive from the IMF and misrepresenting that meaning. The dinar exchange rate is it's real rate... The currency is already an internationally-recognized currency they just haven't accepted IMF Article VIII making international banks more willing to want to engage in commerce with it.
6-1-2020 Intel Guru MarkZ [via PDK] [Any news from your Government contacts?] No…and that’s actually where I am looking for news all day today…. After they allowed bankers to sit there all weekend without an explanation, I started contacting all my government contacts…even some I havn’t talked to in a while...
6-1-2020 Newshound/Intel Guru Mnt Goat Article: "THE NATIONAL: SENIOR IRAQI OFFICIAL LAYS OUT JUST HOW BAD IS COUNTRY’S FINANCES" So again we hear news about the necessity for Iraq to bring in investors and move to a private sector economy, taking pressure off the GOI to pay out these salaries each month. Why not let the private sector pay these salaries? But this will not come unless the investors flock in and this will not happen until they know that Iraq has a stable, global currency that can be easily exchangeable to their own currency of their country. When will Iraq reform their currency and get out of this program rate and 3 zero notes? They have gotten so used to surviving off the US dollar now it is hard to move from it.
6-1-2020 Intel Guru MarkZ [via PDK] [Is the RV real?] Absolutely…IMO…and also in the opinions of the bankers who are prepared for it…no part of me questions whether or not it is real.
6-1-2020 Newshound Guru MilitiaMan Article: "Al-Nusairi: Iraqi-Gulf economic ties are a step in the right direction for Iraq to return to its Arab depth" They have been vocal in recent past per [Guru] Delta (iho) that they have opened the ITB in SA yet, as they are like every one else, they need an international rate to deal with... Looks like the game is at the 2 minute warning now... imo... They are talking about internal and external banking that interlink with each other... They know what to expect by now... imo... Oh ya! It is not a program rate. They are talking on TV a rate change is coming. Alak told us and have others the right thing to do is not devalue the currency but to give value to it...imo! That is exactly what they are going to do...imo.
6-1-2020 Intel Guru MarkZ [via PDK] [...we've always been told that we need distractions to RV...Riots would be a great distraction while we redeem...] They would be a great distraction and hopefully that is what we will see. ...We need something huge to get out of all of this…..wouldn't an RV be good about now. We have been told all along it was going to get ugly at the end…
6-1-2020 Newshound Guru MilitiaMan Article: "Newspaper: Iraqi-American negotiations will start on June 10" I have a strong feeling they will need to have things sorted MR [Monetary Reform ?] wise prior to the meeting beginning on the 10th. They have a minster they need to place too, prior to that. It looks as that may be slated for Wednesday too. imo The convergence of many things of late is by no coincidence. ...ECONOMIC is to be a main focus in the future, imo...
6-1-2020 Intel Guru Footforward [Does anyone have any more info on the potential CBI satellite banks?] this is something frank [Guru Frank26] likely has the inside track on. This has never been talked about with my contacts. But I don't doubt it's validity...Frank by far has the best contacts in Iraq. That would hardly be surprising... [reference Guru Footforward post 5-31-2020]
6-1-2020 Newshound Guru MilitiaMan Article: "The Stock Exchange announces postponing its sessions until next week" Fascinating they kicked the can down the road again... Allows for any necessary adjustments that may come their way? lol Yep, imo... With the CBIESD site still showing a massive change to the ISX Indice the chances of them coming back again at a program rate seem to be a no way situation, imo.. From today through June 4th. That is Thursday... Man things look good for us. If they need to notify people, from now through next Saturday could be a very interesting time to do so... If need be... imo
6-1-2020 Newshound/Intel Guru Mnt Goat Article: "THE NATIONAL: SENIOR IRAQI OFFICIAL LAYS OUT JUST HOW BAD IS COUNTRY’S FINANCES" So again we hear news about the necessity for Iraq to bring in investors and move to a private sector economy, taking pressure off the GOI to pay out these salaries each month. Why not let the private sector pay these salaries? But this will not come unless the investors flock in and this will not happen until they know that Iraq has a stable, global currency that can be easily exchangeable to their own currency of their country. When will Iraq reform their currency and get out of this program rate and 3 zero notes? They have gotten so used to surviving off the US dollar now it is hard to move from it.
6-1-2020 Intel Guru MarkZ [via PDK] [Is the RV real?] Absolutely…IMO…and also in the opinions of the bankers who are prepared for it…no part of me questions whether or not it is real.
6-1-2020 Newshound Guru MilitiaMan Article: "Al-Nusairi: Iraqi-Gulf economic ties are a step in the right direction for Iraq to return to its Arab depth" They have been vocal in recent past per [Guru] Delta (iho) that they have opened the ITB in SA yet, as they are like every one else, they need an international rate to deal with... Looks like the game is at the 2 minute warning now... imo... They are talking about internal and external banking that interlink with each other... They know what to expect by now... imo... Oh ya! It is not a program rate. They are talking on TV a rate change is coming. Alak told us and have others the right thing to do is not devalue the currency but to give value to it...imo! That is exactly what they are going to do...imo.
6-1-2020 Intel Guru MarkZ [via PDK] [...we've always been told that we need distractions to RV...Riots would be a great distraction while we redeem...] They would be a great distraction and hopefully that is what we will see. ...We need something huge to get out of all of this…..wouldn't an RV be good about now. We have been told all along it was going to get ugly at the end…
6-1-2020 Newshound Guru MilitiaMan Article: "Newspaper: Iraqi-American negotiations will start on June 10" I have a strong feeling they will need to have things sorted MR [Monetary Reform ?] wise prior to the meeting beginning on the 10th. They have a minster they need to place too, prior to that. It looks as that may be slated for Wednesday too. imo The convergence of many things of late is by no coincidence. ...ECONOMIC is to be a main focus in the future, imo...
6-1-2020 Intel Guru Footforward [Does anyone have any more info on the potential CBI satellite banks?] this is something frank [Guru Frank26] likely has the inside track on. This has never been talked about with my contacts. But I don't doubt it's validity...Frank by far has the best contacts in Iraq. That would hardly be surprising... [reference Guru Footforward post 5-31-2020]
6-1-2020 Newshound Guru MilitiaMan Article: "The Stock Exchange announces postponing its sessions until next week" Fascinating they kicked the can down the road again... Allows for any necessary adjustments that may come their way? lol Yep, imo... With the CBIESD site still showing a massive change to the ISX Indice the chances of them coming back again at a program rate seem to be a no way situation, imo.. From today through June 4th. That is Thursday... Man things look good for us. If they need to notify people, from now through next Saturday could be a very interesting time to do so... If need be... imo
5-31-2020 Intel Guru Footforward ...all banks exchange dong. No banks except for Citi Bank exchange dinar right now because it's not an internationally traded currency. There is the potential for satellite banks from the CBI to be in the US...Imo the CBI would have the best rates. They are playing with house money. It costs them nothing to cash us out...Hence why there would be no income tax in that case. It literally becomes a currency swap in the truest sense... Between those, our banks and currency dealers, we will have tons of options. No bank in their right mind is going to talk about post RV right now... [Be sure to check with your tax professional at the appropriate time.]
5-31-2020 Newshound Guru Pimpy Article "Parliamentary Finance: Al-Kazemi has the powers to cancel the currency auction" ...Say what? That's right! Quote "members of the parliament finance committee confirms on Saturday that Prime Minister Kazemi owns the powers to cancel the foreign currency auctions at the central bank..." There are a lot of things going on...
5-31-2020 Newshound Guru Jeff ...this is my opinion. Nothing more. I'm strongly looking to the second half of June for a financial blessing and for Iraq to go international...
5-31-2020 Newshound Guru MilitiaMan Article: "A Kurdish deputy calls on the Minister of Finance to take steps to stop manipulating Iraqi imports from Zakho to Basra" another gem talking about implementing radical financial reforms... Radical as in the removal of three zeros and apply REER (Real Effective Exchange Rate)? That would work for me..
5-31-2020 Newshound Guru Pimpy Trump has a lot more information and a ton of advisers that know a million things more than we all do but the point being if we're just generally speaking the whole world's economy needs a kick-start. In order for us to really have a booming economy here in the United States we're going to have to rely on other countries as well to help us do that. We need to manufacture things and export them. We also need to import goods as well. So that means everyone has to start off at a level playing field. How do you make that happen? Change the rate. Why is the third quarter going to be slow? Because as the rate changes and we're doing our exchanging the economy is only starting to rebound. The true numbers will pop out in the fourth quarter as more and more people go out and shop and buy and do what they need to do...I'm with you Trump and we all agree with you. We know a way that can make sure that the third and fourth quarters as well as next year are booming. Change the rate... [Post 3 of 3]
5-31-2020 Newshound Guru Pimpy ...If you were Trump and this quarantine just killed the best economy in recorded history...and you need to kick-start your country - You need to kick-start this economy? ...Let me add in something...In order for us to have a booming economy again that means other countries have to be kicking butt too. What kind of move can Trump make that wouldn't just kick-start the economy here in the United States, [but] kick-start economies around the world? How many dinar holders do you think are worldwide? How many Vietnam dong holders are worldwide? Do you see where I'm going with this? ...If you're in this situation that we're in right now around the world...you're gonna have to throw logic out the door. You're gonna have to make a move. And what is that move? ...Reset the currencies at the proper value. Reinstate Iraq's currency rate. That's what I would do if I was Trump. [Post 2 of 3....stay tuned]
5-31-2020 Newshound Guru Pimpy ...Is Trump hinting at when the rate change will happen? ...this next week for us I think is going to be really big. People keep asking me do you think Trump is going to pull the trigger on a rate change before the election. Well yeah, that would make sense to me. With everything that's going on, if you wanted to become a "shoe in", If Trump wanted to win in a landslide he would pull the trigger on the rate change. Will he? Let's hear what trump has to say, "...I can tell you the third and fourth quarter in particular are going to be I think spectacular." Gee, really? Why is that Trump? ...What would be the reason for him to think that? We're not even out of quarantine fully yet...he's got resistance from the democrats. The liberals are keeping their states and cities on lock-down...What makes him think there's going to be a huge recovery? He knows something that the rest of the people don't know. Or does he? Or do we know what Trump knows? [Post 1 of 3....stay tuned]
5-31-2020 Intel Guru RayRen98 A CERTAIN "GURU" IS TRYING TO GET PEOPLE EXCITED FOR SOMETHING ON SUNDAY NIGHT...I HAVE "NOT" HEARD ANY SUCH THING FROM OUR BANK SOURCES. TIME WILL TELL, OR NOT. [Reference Guru Bruce post 5-29-2020]
5-31-2020 Newshound Guru Pimpy Article "Parliamentary Finance: Al-Kazemi has the powers to cancel the currency auction" ...Say what? That's right! Quote "members of the parliament finance committee confirms on Saturday that Prime Minister Kazemi owns the powers to cancel the foreign currency auctions at the central bank..." There are a lot of things going on...
5-31-2020 Newshound Guru Jeff ...this is my opinion. Nothing more. I'm strongly looking to the second half of June for a financial blessing and for Iraq to go international...
5-31-2020 Newshound Guru MilitiaMan Article: "A Kurdish deputy calls on the Minister of Finance to take steps to stop manipulating Iraqi imports from Zakho to Basra" another gem talking about implementing radical financial reforms... Radical as in the removal of three zeros and apply REER (Real Effective Exchange Rate)? That would work for me..
5-31-2020 Newshound Guru Pimpy Trump has a lot more information and a ton of advisers that know a million things more than we all do but the point being if we're just generally speaking the whole world's economy needs a kick-start. In order for us to really have a booming economy here in the United States we're going to have to rely on other countries as well to help us do that. We need to manufacture things and export them. We also need to import goods as well. So that means everyone has to start off at a level playing field. How do you make that happen? Change the rate. Why is the third quarter going to be slow? Because as the rate changes and we're doing our exchanging the economy is only starting to rebound. The true numbers will pop out in the fourth quarter as more and more people go out and shop and buy and do what they need to do...I'm with you Trump and we all agree with you. We know a way that can make sure that the third and fourth quarters as well as next year are booming. Change the rate... [Post 3 of 3]
5-31-2020 Newshound Guru Pimpy ...If you were Trump and this quarantine just killed the best economy in recorded history...and you need to kick-start your country - You need to kick-start this economy? ...Let me add in something...In order for us to have a booming economy again that means other countries have to be kicking butt too. What kind of move can Trump make that wouldn't just kick-start the economy here in the United States, [but] kick-start economies around the world? How many dinar holders do you think are worldwide? How many Vietnam dong holders are worldwide? Do you see where I'm going with this? ...If you're in this situation that we're in right now around the world...you're gonna have to throw logic out the door. You're gonna have to make a move. And what is that move? ...Reset the currencies at the proper value. Reinstate Iraq's currency rate. That's what I would do if I was Trump. [Post 2 of 3....stay tuned]
5-31-2020 Newshound Guru Pimpy ...Is Trump hinting at when the rate change will happen? ...this next week for us I think is going to be really big. People keep asking me do you think Trump is going to pull the trigger on a rate change before the election. Well yeah, that would make sense to me. With everything that's going on, if you wanted to become a "shoe in", If Trump wanted to win in a landslide he would pull the trigger on the rate change. Will he? Let's hear what trump has to say, "...I can tell you the third and fourth quarter in particular are going to be I think spectacular." Gee, really? Why is that Trump? ...What would be the reason for him to think that? We're not even out of quarantine fully yet...he's got resistance from the democrats. The liberals are keeping their states and cities on lock-down...What makes him think there's going to be a huge recovery? He knows something that the rest of the people don't know. Or does he? Or do we know what Trump knows? [Post 1 of 3....stay tuned]
5-31-2020 Intel Guru RayRen98 A CERTAIN "GURU" IS TRYING TO GET PEOPLE EXCITED FOR SOMETHING ON SUNDAY NIGHT...I HAVE "NOT" HEARD ANY SUCH THING FROM OUR BANK SOURCES. TIME WILL TELL, OR NOT. [Reference Guru Bruce post 5-29-2020]
5-30-2020 Newshound Guru MilitiaMan Article: "The disclosure of a crucial agreement between Erbil and Baghdad, pending the signature of Al-Kazemi in the coming days" Looks like crunch time is upon us. This article suggest coming days, yesterday it was within hours and another one suggests 2 days. Regardless, speed is a necessity at this stage and the fact they are speaking to the ports about the new stage of financial adjustments in an article today are to be at hand now, not after the fact sometime in July. They have the most important items all in one paragraph... Budget, border crossings, customs, federal revenues, peshmerga, agriculture, etc... They even told us they have had an agreement since last December. So with the new PM and the new stage approaching, I’ll bet this time they hammer it home!! I like it!
5-30-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ PUSHES FOR RESCHEDULING OF REPARATIONS TO KUWAIT" we have been told many times that by the end of 2021 these war reparations would be repaid. Iraq has been working to pay them off but now they have to halt these payments for some time. I am told this will not effect a reinstatement since the IMF is leaving any negotiations between Iraq and Kuwait between them.
5-30-2020 Newshound Guru Pimpy ...this next week coming up you're gonna see the completion of the cabinet...
5-30-2020 Newshound/Intel Guru Mnt Goat Article: "GOVERNMENTAL ADVISOR: 5 TRILLION DINARS, THE GOVERNMENT'S NEED TO SECURE SALARIES FOR NEXT JUNE" ...this article...is telling us a couple things: 1) the amount of monthly $ they need for salaries (5 trillion dinars or about 4 billion dollars); 2) they are in desperate need of money and so what will they do for the June salaries? Will they borrow again? 3) will they resort to using the CBI reserves eventually? 4) they will have to do something drastic and do it soon since the price of oil is not going to jump to $60 a barrel for a long time; 5) this situation is causing great pressure to make the necessary changes for other sources of revenue and not rely on oil revenues, something they should have done already by now and the IMF kept telling them to do it. I can see many benefits for us with the drop in oil prices too as investors. Can you see what might come next?
5-30-2020 Intel Guru Footforward [Are you still thinking sometime in June for the RV...] in my opinion ya.
5-30-2020 Newshound Guru Pimpy ...there seems to be a "full steam ahead" if you get my drift when it comes to getting Iraq positioned for whatever is getting ready to happen. Al-Kazemi, ever since he's taken over everything just started rolling...everyday there's some exciting movements going on in Iraq...this is different. This is definitely different. We're seeing a huge push from the UN as well as from the United States. We also are seeing involvement of Saudi Arabia along with Kuwait...I find it very hard for them to do any kind of real trade agreements without having their currency [in] a little bit of a different position than they're in right now. It's looking good...everything is very impressive I gotta admit. Very very impressive about Kazemi...
5-30-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ PUSHES FOR RESCHEDULING OF REPARATIONS TO KUWAIT" we have been told many times that by the end of 2021 these war reparations would be repaid. Iraq has been working to pay them off but now they have to halt these payments for some time. I am told this will not effect a reinstatement since the IMF is leaving any negotiations between Iraq and Kuwait between them.
5-30-2020 Newshound Guru Pimpy ...this next week coming up you're gonna see the completion of the cabinet...
5-30-2020 Newshound/Intel Guru Mnt Goat Article: "GOVERNMENTAL ADVISOR: 5 TRILLION DINARS, THE GOVERNMENT'S NEED TO SECURE SALARIES FOR NEXT JUNE" ...this article...is telling us a couple things: 1) the amount of monthly $ they need for salaries (5 trillion dinars or about 4 billion dollars); 2) they are in desperate need of money and so what will they do for the June salaries? Will they borrow again? 3) will they resort to using the CBI reserves eventually? 4) they will have to do something drastic and do it soon since the price of oil is not going to jump to $60 a barrel for a long time; 5) this situation is causing great pressure to make the necessary changes for other sources of revenue and not rely on oil revenues, something they should have done already by now and the IMF kept telling them to do it. I can see many benefits for us with the drop in oil prices too as investors. Can you see what might come next?
5-30-2020 Intel Guru Footforward [Are you still thinking sometime in June for the RV...] in my opinion ya.
5-30-2020 Newshound Guru Pimpy ...there seems to be a "full steam ahead" if you get my drift when it comes to getting Iraq positioned for whatever is getting ready to happen. Al-Kazemi, ever since he's taken over everything just started rolling...everyday there's some exciting movements going on in Iraq...this is different. This is definitely different. We're seeing a huge push from the UN as well as from the United States. We also are seeing involvement of Saudi Arabia along with Kuwait...I find it very hard for them to do any kind of real trade agreements without having their currency [in] a little bit of a different position than they're in right now. It's looking good...everything is very impressive I gotta admit. Very very impressive about Kazemi...
5-29-2020 Newshound/Intel Guru RVAlready [it's said that when the budget is opened the rate is is in there thus...our rv!] It is a bit complex, but, from what I know, the budget does not set the rate - the rate sets the limit on the budget. CBI must set the rate first. Just a matter of which gets published first…Probably not much time between publication of each one.
5-29-2020 Intel Guru Bruce [via Dinar Wishes] ...I think what’s going to happen with Iraq – they will not actually be turned on so their rate would be seen until we give them that green light...Our Treasury actually through Pompeo - Secretary of State – will be the one to communicate that with Iraq... They are ready to go – believe me – They have been ready – I know they’ve been ready - just like we’ve been ready – you and I... Iraq should have their rate up and running in new form or fashion on Sunday – either Saturday or Sunday – and as you know – first business day in Iraq is Sunday - So we will see how that looks - and comes together...I cannot say absolutely – but I do have very good sources and very good information that is looking for a start around that Monday/Tuesday start time...I really believe that finally this is it...
5-29-2020 Newshound/Intel Guru Mnt Goat ...the reinstatement is not going to show up in the budget...There is absolutely NOTHING in the budget that is going to indicate an RV. The CBI can simply reinstate the dinar at any time and do not need a budget to do it. When the RV does happen the GOI will simply have to re-adjust and move along with it. We do know from the past the CBI would like to coordinate with the GOI and even get permission. But we see that the holdups and unresponsiveness of the GOI in the past have held up these reforms and so the CBI may very well just decide to bypass the GOI altogether and do it in desperation... don’t go the budget for answers but rather what the CBI is doing behind the scenes. So, we wait for news from the CBI and that is all we can do. I will try to contact the CBI next week and see if I can get an update from my contact...
5-29-2020 Intel Guru MarkZ [via PDK] Contacts checked in from Hong Kong, Zurich, Miami and Reno…they are all sitting at the edge of their seats with anticipation of the new system in place and announcements before Monday morning. They are looking for this thing to be completed by June 1. I don’t think they will get it out the door but we shall see...So that’s where we are at…here at the edge of our seats.
5-29-2020 Newshound/Intel Guru Mnt Goat So where are we in the progression to get the revaluation and reinstatement of the Iraqi dinar? Like I keep telling everyone we are concerned about the “reinstatement” of the Iraqi dinar on FOREX in a tradable format. To bring this about the CBI will have to delete the zeros from the currency. This is when we go to the bank and not before. ...So far, the CBI has been very quiet on this topic of the “project to delete the zeros”. ...the CBI in the past usually gives at least a monthly update on the project? Now we have not heard anything for nearly 6+ months...They have told me over and over again that they fully intend to keep the Iraq citizens informed of this event. They have kept their promise in the past and I don’t see why they would clam up now. ...There is so much evidence that Iraq is still moving ahead with their intentions of international movement in all directions including the ISX and foreign investors.
5-29-2020 Newshound/Intel Guru Mnt Goat ...Today’s news continues with the saga of Iraq and its inability to meet the June salaries... So far we see the solution for May and June’s salaries was the borrowing from within the banks of Iraq. But this is only a temporary measure...I am hoping this is a wake-up call for Iraq to now move forward with its reforms in all aspects of non-oil-based revenue generation and allowing foreign investors to comfortably come into Iraq to establish businesses. There has to be some drastic changes and the new prime minister Al-Kazemi must be the one to make them...It may seem gloomy and doomy at times but I see the plan playing out and taking shape...
5-29-2020 Intel Guru Bruce [via Dinar Wishes] ...I think what’s going to happen with Iraq – they will not actually be turned on so their rate would be seen until we give them that green light...Our Treasury actually through Pompeo - Secretary of State – will be the one to communicate that with Iraq... They are ready to go – believe me – They have been ready – I know they’ve been ready - just like we’ve been ready – you and I... Iraq should have their rate up and running in new form or fashion on Sunday – either Saturday or Sunday – and as you know – first business day in Iraq is Sunday - So we will see how that looks - and comes together...I cannot say absolutely – but I do have very good sources and very good information that is looking for a start around that Monday/Tuesday start time...I really believe that finally this is it...
5-29-2020 Newshound/Intel Guru Mnt Goat ...the reinstatement is not going to show up in the budget...There is absolutely NOTHING in the budget that is going to indicate an RV. The CBI can simply reinstate the dinar at any time and do not need a budget to do it. When the RV does happen the GOI will simply have to re-adjust and move along with it. We do know from the past the CBI would like to coordinate with the GOI and even get permission. But we see that the holdups and unresponsiveness of the GOI in the past have held up these reforms and so the CBI may very well just decide to bypass the GOI altogether and do it in desperation... don’t go the budget for answers but rather what the CBI is doing behind the scenes. So, we wait for news from the CBI and that is all we can do. I will try to contact the CBI next week and see if I can get an update from my contact...
5-29-2020 Intel Guru MarkZ [via PDK] Contacts checked in from Hong Kong, Zurich, Miami and Reno…they are all sitting at the edge of their seats with anticipation of the new system in place and announcements before Monday morning. They are looking for this thing to be completed by June 1. I don’t think they will get it out the door but we shall see...So that’s where we are at…here at the edge of our seats.
5-29-2020 Newshound/Intel Guru Mnt Goat So where are we in the progression to get the revaluation and reinstatement of the Iraqi dinar? Like I keep telling everyone we are concerned about the “reinstatement” of the Iraqi dinar on FOREX in a tradable format. To bring this about the CBI will have to delete the zeros from the currency. This is when we go to the bank and not before. ...So far, the CBI has been very quiet on this topic of the “project to delete the zeros”. ...the CBI in the past usually gives at least a monthly update on the project? Now we have not heard anything for nearly 6+ months...They have told me over and over again that they fully intend to keep the Iraq citizens informed of this event. They have kept their promise in the past and I don’t see why they would clam up now. ...There is so much evidence that Iraq is still moving ahead with their intentions of international movement in all directions including the ISX and foreign investors.
5-29-2020 Newshound/Intel Guru Mnt Goat ...Today’s news continues with the saga of Iraq and its inability to meet the June salaries... So far we see the solution for May and June’s salaries was the borrowing from within the banks of Iraq. But this is only a temporary measure...I am hoping this is a wake-up call for Iraq to now move forward with its reforms in all aspects of non-oil-based revenue generation and allowing foreign investors to comfortably come into Iraq to establish businesses. There has to be some drastic changes and the new prime minister Al-Kazemi must be the one to make them...It may seem gloomy and doomy at times but I see the plan playing out and taking shape...
5-28-2020 Intel Guru MarkZ [Did Trump sign off on the RV last week...] ...I hope he did but have not seen any evidence that this happened.
5-28-2020 Newshound Guru MilitiaMan Article: "What does it mean to reduce the Iraqi dinar price against the dollar? .. An economist answers" Gotta love the education they are doing. The explanation of the choices both good and bad..They will make the right choice and they have been telling us about it... the amount of countries coming into Iraq now shows that the doors are about to fully open and they are gearing for...to have the CBI share with the world and the Iraqi's, as to what they can expect when the exchange rate changes. I suspect those that have a need to know will have been all ears by now... So I am surely liking what I have been told would come is coming...
5-28-2020 Newshound Guru Kaperoni Once again, if the dinar is ever going to appreciate it will as a result of success of the economy. Iraq needs stability, laws, and to open the private sector. Only then will the CBI float the dinar.
5-28-2020 Newshound/Intel Guru Mnt Goat "IRAQ STOCK EXCHANGE ANNOUNCED, ON SUNDAY, THAT ITS FIRST SESSION WILL BE ON SUNDAY, MAY 31" Does this article say anything about being traded on NASDAC?- NO! Does the ISX need an increase in a rate? – NO! Does the reinstatement have to take place first- NO! These are all just...rumors...It does not say anything other than a change in their trading schedule…
5-28-2020 Intel Guru MarkZ ...The expectations is we will see the new monetary system and 800 numbers before Monday morning. ...I hope they are correct...My government contacts are still looking squarely at June 1. [Remember some gurus believe in 800#s other gurus do not. Other gurus feel 800# are to be avoided for security reasons. We have over 100,000 members that will have real world experience to share - the good, the bad and the ugly of exchange - including 800# experiences. If you're not a member click the blue box above - It's free.]
5-28-2020 Newshound Guru Adam Montana The recent Iran-Turkey pipeline incident, courtesy of the PKK (Kurds), is certainly going to have an affect... particularly since Turkey seems to not want anything to do with fixing it. This incident hurts Iran more than anyone, benefits Iraq, and Turkey comes out better as well - both politically, financially, and in terms of future positioning...That also comes back full circle to the HCL...eliminating Iran from the equation is a benefit to Iraq, and the HCL will be used to ensure that the Kurds get a larger portion of these benefits. Once again, when you look at the big picture it starts to make sense "why" the RV didn't happen yet. The dominoes have been being placed, one at a time, and the HCL just might be the force that starts them moving...things are about to start happening REALLY FAST. [post 2 of 2]
5-28-2020 Newshound Guru Adam Montana The fact that Oil is returning to normal and sustainable price levels...well, that's just gravy. One other component I think we need to keep on the radar is still the HCL. While we are seeing a lot of positive news on many other fronts, the HCL seems... suspiciously quiet. ...The HCL (Hydro Carbon Law) is extremely important. It covers a few things, perhaps most importantly is the money-sharing arrangement that it provides... Oil, the Transportation of Oil, the price of Oil, the intrinsic connection between Oil and Iraq's economy... this is a short list of why the HCL is important. [post 1 of 2....stay tuned]
5-28-2020 Newshound Guru MilitiaMan Article: "What does it mean to reduce the Iraqi dinar price against the dollar? .. An economist answers" Gotta love the education they are doing. The explanation of the choices both good and bad..They will make the right choice and they have been telling us about it... the amount of countries coming into Iraq now shows that the doors are about to fully open and they are gearing for...to have the CBI share with the world and the Iraqi's, as to what they can expect when the exchange rate changes. I suspect those that have a need to know will have been all ears by now... So I am surely liking what I have been told would come is coming...
5-28-2020 Newshound Guru Kaperoni Once again, if the dinar is ever going to appreciate it will as a result of success of the economy. Iraq needs stability, laws, and to open the private sector. Only then will the CBI float the dinar.
5-28-2020 Newshound/Intel Guru Mnt Goat "IRAQ STOCK EXCHANGE ANNOUNCED, ON SUNDAY, THAT ITS FIRST SESSION WILL BE ON SUNDAY, MAY 31" Does this article say anything about being traded on NASDAC?- NO! Does the ISX need an increase in a rate? – NO! Does the reinstatement have to take place first- NO! These are all just...rumors...It does not say anything other than a change in their trading schedule…
5-28-2020 Intel Guru MarkZ ...The expectations is we will see the new monetary system and 800 numbers before Monday morning. ...I hope they are correct...My government contacts are still looking squarely at June 1. [Remember some gurus believe in 800#s other gurus do not. Other gurus feel 800# are to be avoided for security reasons. We have over 100,000 members that will have real world experience to share - the good, the bad and the ugly of exchange - including 800# experiences. If you're not a member click the blue box above - It's free.]
5-28-2020 Newshound Guru Adam Montana The recent Iran-Turkey pipeline incident, courtesy of the PKK (Kurds), is certainly going to have an affect... particularly since Turkey seems to not want anything to do with fixing it. This incident hurts Iran more than anyone, benefits Iraq, and Turkey comes out better as well - both politically, financially, and in terms of future positioning...That also comes back full circle to the HCL...eliminating Iran from the equation is a benefit to Iraq, and the HCL will be used to ensure that the Kurds get a larger portion of these benefits. Once again, when you look at the big picture it starts to make sense "why" the RV didn't happen yet. The dominoes have been being placed, one at a time, and the HCL just might be the force that starts them moving...things are about to start happening REALLY FAST. [post 2 of 2]
5-28-2020 Newshound Guru Adam Montana The fact that Oil is returning to normal and sustainable price levels...well, that's just gravy. One other component I think we need to keep on the radar is still the HCL. While we are seeing a lot of positive news on many other fronts, the HCL seems... suspiciously quiet. ...The HCL (Hydro Carbon Law) is extremely important. It covers a few things, perhaps most importantly is the money-sharing arrangement that it provides... Oil, the Transportation of Oil, the price of Oil, the intrinsic connection between Oil and Iraq's economy... this is a short list of why the HCL is important. [post 1 of 2....stay tuned]
5-27-2020 Intel Guru Bruce [via WiserNow] Now we thought last Thursday...that the earliest we would go was going to be today [Tuesday]... Now...we didn’t go today....we did not get the toll free numbers to start today... there is still clean up at our tier 1 banks...and it’s been happening over the last 3-4 days...in the morning [Wednesday] – the banks are supposed to be completely purged of anything considered harmful to us in terms of personnel...Let’s expect that the bank screens are going to reflect the accurate rates – and we’re not going to talk about rates...I was just thinking that Sunday night when the Forex comes back up and the trading begins – everything is set and ready to go from that point of view...I hope this is our week...things look like it could be – it could be the next couple of days...
5-27-2020 Newshound/Intel Guru Mnt Goat Article: "THE HOUSE OF REPRESENTATIVES AND BY AN ABSOLUTE MAJORITY TO GIVE CONFIDENCE TO THE PRIME MINISTER AND MEMBERS OF THE MINISTERS AND THEIR SWEARING-IN" the three most important are now filled and not by proxy anymore...the Ministry of Defense...Minister of Interior...Minister of Finance...Let’s get to work!!!
5-27-2020 Newshound Guru Adam Montana A key part of the "more" is the Iraqi Budget, which is looming on the horizon. The Budget is a big deal, but do NOT expect to see an RV rate in it - in fact, I place very little importance on the Budget numbers. What IS important and relevant is a successful conclusion and announcement of the Budget. That can only happen when the bobbleheads in Parliament actually meet, pull out their pens, and sign the agreement. When that happens, it shows that Iraq is doing something positive, moving forward, and clearing the table for bigger items. [post 2 of 2]
5-27-2020 Newshound Guru Adam Montana Lots of talk lately about the new PM (KaZAMi-Kablammie-Kademi-KaJustRValready!), exchange rate talk, the US pulling out of Iraqi bases, and of course - "more". There was a time when there wasn't much "more", but lately things are picking up steam - Parliament blazing through tasks, the newly appointed PM seems to almost have entered the scene un-noticed...the fact that Kazammie is still in office, with no reports of (major) riots or protests, is an indicator that he could be "the one". [post 1 of 2....stay tuned]
5-27-2020 Intel Guru MarkZ [via PDK] ...no new rate in Iraq. Just lots of chatter and BS. Reality is nothing happened in the banking industry...They have to reset…it is inevitable. IMO if we are going to see the reset on June 1st...Something needs to break hard and heavy in the next 1 to 2 days...
5-27-2020 Newshound/Intel Guru Mnt Goat I quote- “It is not in the interest of the financial system to raise the exchange rate of the dollar because it will lead to a decrease in the Iraqi dinar price and a decrease in purchasing power and will lead to inflation,” noting that “the classes with limited income and those with salaries will be the first affected by this decision”. This was taken right out of an article by Parliamentary Finance Committee member, Ahmed Al-Saffar, on Wednesday (May 20, 2020). I would trust and respect his comments much more than the corrupt parliament member comments (and others) that are coming out that say just the opposite. So relax. This financial crisis could lead to Iraq raising the value of the dinar in the long run.
5-27-2020 Newshound Guru Jeff ...There's really only 3 things in the news right now. The first would be Kurdistan and Baghdad to resolve their differences. The 2nd one would be the completing of the government - the last 7 remaining ministers and then the 3rd one is all the economic articles. That's it...so what they're telling you here is the two items - Kurdistan trying to resolve their differences with Baghdad and the 2nd one completing the formation of government...they're telling you what their delay is before they can launch their economy. It doesn't get any more cut and dry and simplified than that. They're telling you what the delay is. They're saying, 'hey Kurdistan has to reach an agreement with Baghdad and Baghdad has to get the last 7 ministers in there.' They're telling you what the delays are before they can launch the economy. That's why now they're talking about the economy around those items. That simple. That's what you're waiting on...
5-27-2020 Newshound/Intel Guru Mnt Goat Article: "THE HOUSE OF REPRESENTATIVES AND BY AN ABSOLUTE MAJORITY TO GIVE CONFIDENCE TO THE PRIME MINISTER AND MEMBERS OF THE MINISTERS AND THEIR SWEARING-IN" the three most important are now filled and not by proxy anymore...the Ministry of Defense...Minister of Interior...Minister of Finance...Let’s get to work!!!
5-27-2020 Newshound Guru Adam Montana A key part of the "more" is the Iraqi Budget, which is looming on the horizon. The Budget is a big deal, but do NOT expect to see an RV rate in it - in fact, I place very little importance on the Budget numbers. What IS important and relevant is a successful conclusion and announcement of the Budget. That can only happen when the bobbleheads in Parliament actually meet, pull out their pens, and sign the agreement. When that happens, it shows that Iraq is doing something positive, moving forward, and clearing the table for bigger items. [post 2 of 2]
5-27-2020 Newshound Guru Adam Montana Lots of talk lately about the new PM (KaZAMi-Kablammie-Kademi-KaJustRValready!), exchange rate talk, the US pulling out of Iraqi bases, and of course - "more". There was a time when there wasn't much "more", but lately things are picking up steam - Parliament blazing through tasks, the newly appointed PM seems to almost have entered the scene un-noticed...the fact that Kazammie is still in office, with no reports of (major) riots or protests, is an indicator that he could be "the one". [post 1 of 2....stay tuned]
5-27-2020 Intel Guru MarkZ [via PDK] ...no new rate in Iraq. Just lots of chatter and BS. Reality is nothing happened in the banking industry...They have to reset…it is inevitable. IMO if we are going to see the reset on June 1st...Something needs to break hard and heavy in the next 1 to 2 days...
5-27-2020 Newshound/Intel Guru Mnt Goat I quote- “It is not in the interest of the financial system to raise the exchange rate of the dollar because it will lead to a decrease in the Iraqi dinar price and a decrease in purchasing power and will lead to inflation,” noting that “the classes with limited income and those with salaries will be the first affected by this decision”. This was taken right out of an article by Parliamentary Finance Committee member, Ahmed Al-Saffar, on Wednesday (May 20, 2020). I would trust and respect his comments much more than the corrupt parliament member comments (and others) that are coming out that say just the opposite. So relax. This financial crisis could lead to Iraq raising the value of the dinar in the long run.
5-27-2020 Newshound Guru Jeff ...There's really only 3 things in the news right now. The first would be Kurdistan and Baghdad to resolve their differences. The 2nd one would be the completing of the government - the last 7 remaining ministers and then the 3rd one is all the economic articles. That's it...so what they're telling you here is the two items - Kurdistan trying to resolve their differences with Baghdad and the 2nd one completing the formation of government...they're telling you what their delay is before they can launch their economy. It doesn't get any more cut and dry and simplified than that. They're telling you what the delay is. They're saying, 'hey Kurdistan has to reach an agreement with Baghdad and Baghdad has to get the last 7 ministers in there.' They're telling you what the delays are before they can launch the economy. That's why now they're talking about the economy around those items. That simple. That's what you're waiting on...
5-26-2020 Intel Guru Frank26 ...everything is happening at an amazing fast pace, warp speed with the reinstatement of the dinar, the monetary reform itself. It's at a point right now where it's coming so fast that you can't miss it...
5-26-2020 Newshound/Intel Guru Mnt Goat ...We know for a FACT that if they had already accomplished this event back in 2013 or sooner...they might not be this financial mess they are in...reinstating their currency on FOREX is the cure all for Iraq’s economic problems...But having reinstated the IQD with a sound monetary policy would have helped to avoid these problems that they are now facing...They seem to be slowly leaning towards this decision... and I believe that they have already come to the conclusion they must revalue and reinstate the currency and do it prior to the July salaries coming due...We have a really good opportunity to see the reinstatement sometime in June of this year not Jan 2021...What is left now is to wait for something from the CBI and I will be totally convinced they are moving ahead and actually plan to do it this time... [post 2 of 2]
5-26-2020 Newshound/Intel Guru Mnt Goat So, we see in today’s news yet more arguments about whether to float the dinar or not. Floating the dinar is bad, but ONLY if floating is kept on the program rate and not reinstated for global trading. This is coming from the CBI not me, just so you know. So we see lots of arguments for pro and con on this subject matter but remember again they are talking about program rate only with the confines of the CBI and not on FOREX which is international. ...Will they reinstate international and then float the currency like they need to do? ...We know this has been the plan all along to float the IQD on FOREX. The IMF has already told us of the future plan to reinstate and put the IQD in a “basket of currencies”. [post 1 of 2....stay tuned]
5-26-2020 Intel Guru Delta ...great information from the Financial Minister. In his tweet he's talking about they're tying to get Iraq back to the financial status internationally. Guess what happened? He just have [gave] an executive order and he ordered the Central Bank of Iraq with other financial entities in Iraq to implement and launch that ASAP so Iraq can regain their financial status internationally...the glory days...they have to activate whatever they needed to implement from the Prime Minister and the Office of Financial Ministry...this is just amazing. This is just unbelievable...
5-26-2020 Intel Guru MarkZ [via PDK] I heard from folks in redemption centers they have been ready for about 3 weeks now. I am friends with someone who helped set up redemption centers…so yes…I do not doubt there are redemption centers…as to 800 numbers…I am told they will distribute those via a secure web link and you will get a unique 800 number to call…yes I believe these things are real. [Remember some gurus believe in 800#s other guru do not. Other gurus feel 800# are to be avoided for security reasons. We have over 100,000 members that will have real world experience to share - the good, the bad and the ugly of exchange - including 800# experiences. If you're not a member click the blue box above - It's free.]
5-26-2020 Newshound Guru MilitiaMan What it looks like is there was a notice given on the 19th. Then, moving along from that, banks are closed and a holiday ensues for five days to mark Eid Al-Fitr a time of giving. The mask of Covd-19 is in play.. Nothing like a plan-demic to hide what is in plain site. Very well orchestrated on many fronts. The one front that will usher our win, is what we await on now. imo. No turning back once one jumps from the deck! That is where they are, in the air imo...lol.
5-26-2020 Newshound Guru Kaperoni ...Before Iraq in the CBI can transition to Article VIII they must submit a request to the IMF for approval considering they are not in compliance currently...Unlikely would it be approved...the IMF has a status for each country...they are in Article XIV...
5-26-2020 Newshound/Intel Guru Mnt Goat ...We know for a FACT that if they had already accomplished this event back in 2013 or sooner...they might not be this financial mess they are in...reinstating their currency on FOREX is the cure all for Iraq’s economic problems...But having reinstated the IQD with a sound monetary policy would have helped to avoid these problems that they are now facing...They seem to be slowly leaning towards this decision... and I believe that they have already come to the conclusion they must revalue and reinstate the currency and do it prior to the July salaries coming due...We have a really good opportunity to see the reinstatement sometime in June of this year not Jan 2021...What is left now is to wait for something from the CBI and I will be totally convinced they are moving ahead and actually plan to do it this time... [post 2 of 2]
5-26-2020 Newshound/Intel Guru Mnt Goat So, we see in today’s news yet more arguments about whether to float the dinar or not. Floating the dinar is bad, but ONLY if floating is kept on the program rate and not reinstated for global trading. This is coming from the CBI not me, just so you know. So we see lots of arguments for pro and con on this subject matter but remember again they are talking about program rate only with the confines of the CBI and not on FOREX which is international. ...Will they reinstate international and then float the currency like they need to do? ...We know this has been the plan all along to float the IQD on FOREX. The IMF has already told us of the future plan to reinstate and put the IQD in a “basket of currencies”. [post 1 of 2....stay tuned]
5-26-2020 Intel Guru Delta ...great information from the Financial Minister. In his tweet he's talking about they're tying to get Iraq back to the financial status internationally. Guess what happened? He just have [gave] an executive order and he ordered the Central Bank of Iraq with other financial entities in Iraq to implement and launch that ASAP so Iraq can regain their financial status internationally...the glory days...they have to activate whatever they needed to implement from the Prime Minister and the Office of Financial Ministry...this is just amazing. This is just unbelievable...
5-26-2020 Intel Guru MarkZ [via PDK] I heard from folks in redemption centers they have been ready for about 3 weeks now. I am friends with someone who helped set up redemption centers…so yes…I do not doubt there are redemption centers…as to 800 numbers…I am told they will distribute those via a secure web link and you will get a unique 800 number to call…yes I believe these things are real. [Remember some gurus believe in 800#s other guru do not. Other gurus feel 800# are to be avoided for security reasons. We have over 100,000 members that will have real world experience to share - the good, the bad and the ugly of exchange - including 800# experiences. If you're not a member click the blue box above - It's free.]
5-26-2020 Newshound Guru MilitiaMan What it looks like is there was a notice given on the 19th. Then, moving along from that, banks are closed and a holiday ensues for five days to mark Eid Al-Fitr a time of giving. The mask of Covd-19 is in play.. Nothing like a plan-demic to hide what is in plain site. Very well orchestrated on many fronts. The one front that will usher our win, is what we await on now. imo. No turning back once one jumps from the deck! That is where they are, in the air imo...lol.
5-26-2020 Newshound Guru Kaperoni ...Before Iraq in the CBI can transition to Article VIII they must submit a request to the IMF for approval considering they are not in compliance currently...Unlikely would it be approved...the IMF has a status for each country...they are in Article XIV...
5-25-2020 Newshound Guru Pimpy When Al-Kazemi got into office I was hoping he'd be whipping butt. But I had no clue that this guy was going to accomplish what he's accomplishing and he's done it all in such a short period of time...
5-25-2020 Newshound Guru MilitiaMan Article: "The Kurdistan government approves the Baghdad proposal to settle the financial situation" We see the Kurds are in agreement with the new PM on the implementation of the FMLA of 2019..this is music to my ears. They agreed on the REER (Real Effective Exchange Rate) for the future budgets and will be in preparation for their fundamental implementation...No wonder Saudi Arabia is off and running... Word travels fast. This looks like a notification that was dated May 19th.. 1) DONE 2) DONE and 3) DONE...imo.
5-25-2020 Newshound Guru Pimpy ...when I say Iraq or Vietnam are a long term investment you're misunderstanding what I'm saying so I want to clarify this. I'm not talking about their currencies. I think the currencies are gonna change really quick here. Especially the Iraqi dinar. As a matter of fact I can make a bold suggestion and that is, our time is this year 2020. There's no doubt that the Iraqi dinar rate will change in 2020. I feel very confident about that...and then I say, 'oh these two countries you should consider longer term.' People are like oh my God pimpy is saying it's going to be 5, 10, 15 years down the road for their currencies. No. I'm not talking about the currencies...I'm considering Iraq and Vietnam as "long term" outside of their currencies. As long term investment opportunities. There's just so much growth potential there...
5-25-2020 Intel Guru Footforward [Vietnam increases reference exchange rate.] Article: "HANOI: The State Bank of Vietnam on Monday (May 25) set the daily reference exchange rate between Vietnamese dong and US dollar at 23,257 Vietnamese dong per US dollar, up 15 Vietnamese dong against the last working day of the previous week." it's telling us they have a good economy and that the dong went up less then 1/10th of a penny. It's good to hear reports of their economy but this doesn't change anything for us at the moment.
5-25-2020 Newshound Guru MilitiaMan Article: "Under royal directives, the Saudi ambassador returns to work in Baghdad" Quote: "Prime Minister Mustafa Al-Kadhemi and Minister of Finance Ali Abdel Amir Allawi, affirming the Kingdom’s concern for the unity of the Iraqi people, and the importance of cooperation with the new Iraqi government to achieve mutual interests and enhance ties Bilateral relationship between the two brotherly countries..." Looks like more of the PM hitting the ground and running!! This is also huge and supportive Iraq has agreed to be compliant and international..imo.
5-25-2020 Intel Guru Frank26 ...at any time this could happen. Don't be looking for no date. No specific time of the year. I don't care what everybody's telling you. At any time it could happen because it's an accounting process. It's all about the numbers...they tested this...they tested it in the markets - successfully. Their exchange rate was tested - successfully. What do you mean? The auctions, they shut it down and they've maintained their exchange rate... - successfully. They proved themselves. They proved themselves to be worthy to go international - to have the value to their currency lifted by the Fab 4. Therefor they are a go. They are ready to go...
5-25-2020 Newshound Guru MilitiaMan We know the CBI printed 4 trillion dinar in April. They didn't print large notes. They printed smaller increments of money. imo. We know they showed us they were destroying large amounts of perfectly good large notes. The new money is to replace the large with smalls...The education process for the new currency will come once the REER (Real Effective Exchange Rate) is exposed...They could show the new money and educate for re opening of the ISX well before they open...So, lets see what they do next. But, it sure looks like we are in a good place.. imo. [post 2 of 2]
5-25-2020 Newshound Guru MilitiaMan Article: "Finance Minister: Agreement to activate the electrical connection between Iraq and Saudi Arabia" ...The move that supports they are Article 8 compliant in business..imo They cut off Iran and Iraq's electricity dealings yesterday...The energy is now coming from Saudi Arabia. That means to me they are international in regard to doing business. The implications of that are huge...We know the plan is to become a social market economy for Iraq. That requires internationalism. Doing so requires Iraq to be article 8 compliant...From the looks of the recent agreement with Saudi Arabia, they are showing that they are now compliant, ioo. The meetings with the Finance Minister, aka Deputiy Prime Minister, has me thinking they are or may have brought or now are bringing the REER (Real Effective Exchange Rate) to the neighboring countries...imo Times are seriously getting real, imo! [post 1 of 2....stay tuned]
5-25-2020 Newshound Guru MilitiaMan Article: "The Kurdistan government approves the Baghdad proposal to settle the financial situation" We see the Kurds are in agreement with the new PM on the implementation of the FMLA of 2019..this is music to my ears. They agreed on the REER (Real Effective Exchange Rate) for the future budgets and will be in preparation for their fundamental implementation...No wonder Saudi Arabia is off and running... Word travels fast. This looks like a notification that was dated May 19th.. 1) DONE 2) DONE and 3) DONE...imo.
5-25-2020 Newshound Guru Pimpy ...when I say Iraq or Vietnam are a long term investment you're misunderstanding what I'm saying so I want to clarify this. I'm not talking about their currencies. I think the currencies are gonna change really quick here. Especially the Iraqi dinar. As a matter of fact I can make a bold suggestion and that is, our time is this year 2020. There's no doubt that the Iraqi dinar rate will change in 2020. I feel very confident about that...and then I say, 'oh these two countries you should consider longer term.' People are like oh my God pimpy is saying it's going to be 5, 10, 15 years down the road for their currencies. No. I'm not talking about the currencies...I'm considering Iraq and Vietnam as "long term" outside of their currencies. As long term investment opportunities. There's just so much growth potential there...
5-25-2020 Intel Guru Footforward [Vietnam increases reference exchange rate.] Article: "HANOI: The State Bank of Vietnam on Monday (May 25) set the daily reference exchange rate between Vietnamese dong and US dollar at 23,257 Vietnamese dong per US dollar, up 15 Vietnamese dong against the last working day of the previous week." it's telling us they have a good economy and that the dong went up less then 1/10th of a penny. It's good to hear reports of their economy but this doesn't change anything for us at the moment.
5-25-2020 Newshound Guru MilitiaMan Article: "Under royal directives, the Saudi ambassador returns to work in Baghdad" Quote: "Prime Minister Mustafa Al-Kadhemi and Minister of Finance Ali Abdel Amir Allawi, affirming the Kingdom’s concern for the unity of the Iraqi people, and the importance of cooperation with the new Iraqi government to achieve mutual interests and enhance ties Bilateral relationship between the two brotherly countries..." Looks like more of the PM hitting the ground and running!! This is also huge and supportive Iraq has agreed to be compliant and international..imo.
5-25-2020 Intel Guru Frank26 ...at any time this could happen. Don't be looking for no date. No specific time of the year. I don't care what everybody's telling you. At any time it could happen because it's an accounting process. It's all about the numbers...they tested this...they tested it in the markets - successfully. Their exchange rate was tested - successfully. What do you mean? The auctions, they shut it down and they've maintained their exchange rate... - successfully. They proved themselves. They proved themselves to be worthy to go international - to have the value to their currency lifted by the Fab 4. Therefor they are a go. They are ready to go...
5-25-2020 Newshound Guru MilitiaMan We know the CBI printed 4 trillion dinar in April. They didn't print large notes. They printed smaller increments of money. imo. We know they showed us they were destroying large amounts of perfectly good large notes. The new money is to replace the large with smalls...The education process for the new currency will come once the REER (Real Effective Exchange Rate) is exposed...They could show the new money and educate for re opening of the ISX well before they open...So, lets see what they do next. But, it sure looks like we are in a good place.. imo. [post 2 of 2]
5-25-2020 Newshound Guru MilitiaMan Article: "Finance Minister: Agreement to activate the electrical connection between Iraq and Saudi Arabia" ...The move that supports they are Article 8 compliant in business..imo They cut off Iran and Iraq's electricity dealings yesterday...The energy is now coming from Saudi Arabia. That means to me they are international in regard to doing business. The implications of that are huge...We know the plan is to become a social market economy for Iraq. That requires internationalism. Doing so requires Iraq to be article 8 compliant...From the looks of the recent agreement with Saudi Arabia, they are showing that they are now compliant, ioo. The meetings with the Finance Minister, aka Deputiy Prime Minister, has me thinking they are or may have brought or now are bringing the REER (Real Effective Exchange Rate) to the neighboring countries...imo Times are seriously getting real, imo! [post 1 of 2....stay tuned]
5-24-2020 Newshound Guru Pimpy ...there's a lot of positive juju, a positive mojo going on in the dinar community. I think all of us rightfully or wrongfully have pinned June as the magical month. Why? Man there's just too many things that seem to be pointing to June...we've got the meeting taking place in June. We got all kinds of new trade agreements that are supposed to kick in in June. So very very interesting. A lot of positive energy. We will see where that leads too. Hopefully something good. ...things are looking good. Man, something about that month of June man! I'm feeling pretty good about it...
5-24-2020 Intel Guru Frank26 ...The CBI is about to open in Saudi Arabia. I'll give you an example. Commerce Banks's. Look for those to be open first. All these Iraqi banks that we told you about. All these satellite banks you're gonna now see them coming out left and right. This is proof of the things that we have been saying - that they are Article 8...which means they raised the value of their currency. Which means they are about to make that announcement to the world...
5-24-2020 Newshound Guru Pimpy ...man there's a lot of chatter going on. I like the positive energy. I like the positive vibes...June, we know the United Nations, the IMF, the United States is gonna be coming over there. As a matter of fact Saudi Arabia is now the added portion to this meeting that's gonna take place halfway through June. This is big. It means something. There must be something big getting ready to happen. What I'm hoping is whatever is happening Saudi Arabi is going to help Iraq in a big way economically. But it's not just Saudi Arabia, Kuwait is getting in on the action too. These are two really rich countries. As we know Kuwait has one of the most valuable currencies out there. So we're gonna keep an eye on the meeting to see how it pans out...
5-24-2020 Newshound Guru Kaperoni ...as long as the currency auctions are in place the money supply cannot be reduced because part of the currency auction is a balance between dinars and dollars reducing one significantly would cause demand for the other. ...the truth is it is not about to RV. Iraq could never RV with 42 + trillion in circulation nor is it how monetary policy works. If the dinar is going to go up in value...It will go up via a float based on Iraq's prosperity. Iraq has a lot of work to do to recover from this crisis. Iraq needs to pass laws, stabilize the government, and invite foreign investors to come and participate in the private sector. Remember Iraq still needs over 50 billion dollars to rebuild infrastructure.
5-24-2020 Intel Guru Frank26 ...in Iraq their currency is now going to play fairly because they added value IMO and they stopped using the auctions and they stopped using the American Dollar...Trump said lessen your dependence on our American dollar and they did...Iran was siphoning all the money we were sending to them through the Iraqi auctions and it was supplying terrorism...they're [Iraq] getting the last parts of the monetary reform done. Trump and the Fab 4 said that that's enough time wasted. Move on it. Do it...at any moment it could happen suddenly...it's an accounting process. It's all about the numbers.
5-24-2020 Newshound Guru Pimpy Everything has been pointing toward the month of June. We don't know why. But my thing is this - The bi-weekly budget, the fact that Pompeo, the United Nations and the IMF are gonna be there in June. It doesn't mean anything I'm just saying it seems to me like it does...look, I don't know what's going on but I can't help but feel whatever is coming it's happening in June. There's a lot of things pointing out to June. There's a lot of crap happening in May but there's definitely, definitely a lot of things happening in June. They started drilling in these fields on the outskirts [of Iraq] where it's reported to have 10x the amount of oil that's already being reported in Iraq. 10 times that amount. All I keep hearing is rate change. Rate change. Rate change...
5-24-2020 Newshound Guru Adam Montana [...has the EO 13303 been signed yet?] Yes. White House Statement: "...Executive Order 13668 of May 27, 2014, must continue in effect beyond May 22, 2020. Therefore...I am continuing for 1 year the national emergency with respect to the stabilization of Iraq declared in Executive Order 13303." ...we should remember why this is in effect. From Wikipedia: "Executive Order 13303 was issued on May 22, 2003 by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq..." ... I also think that many of us here were well aware that Trump would renew EO 13303, because even though it's been a number of years, we aren't the only ones who know the Iraqi Dinar is going to regain it's value. As for the question "What would happen on it's expiration" - that's a great question, and the answer is equally great - when the order is not renewed, it will be because Iraq has resolved it's issues and EO 13303 is simply no longer an issue. It is not a matter of "if". It is a matter of "when".
5-24-2020 Intel Guru Frank26 ...The CBI is about to open in Saudi Arabia. I'll give you an example. Commerce Banks's. Look for those to be open first. All these Iraqi banks that we told you about. All these satellite banks you're gonna now see them coming out left and right. This is proof of the things that we have been saying - that they are Article 8...which means they raised the value of their currency. Which means they are about to make that announcement to the world...
5-24-2020 Newshound Guru Pimpy ...man there's a lot of chatter going on. I like the positive energy. I like the positive vibes...June, we know the United Nations, the IMF, the United States is gonna be coming over there. As a matter of fact Saudi Arabia is now the added portion to this meeting that's gonna take place halfway through June. This is big. It means something. There must be something big getting ready to happen. What I'm hoping is whatever is happening Saudi Arabi is going to help Iraq in a big way economically. But it's not just Saudi Arabia, Kuwait is getting in on the action too. These are two really rich countries. As we know Kuwait has one of the most valuable currencies out there. So we're gonna keep an eye on the meeting to see how it pans out...
5-24-2020 Newshound Guru Kaperoni ...as long as the currency auctions are in place the money supply cannot be reduced because part of the currency auction is a balance between dinars and dollars reducing one significantly would cause demand for the other. ...the truth is it is not about to RV. Iraq could never RV with 42 + trillion in circulation nor is it how monetary policy works. If the dinar is going to go up in value...It will go up via a float based on Iraq's prosperity. Iraq has a lot of work to do to recover from this crisis. Iraq needs to pass laws, stabilize the government, and invite foreign investors to come and participate in the private sector. Remember Iraq still needs over 50 billion dollars to rebuild infrastructure.
5-24-2020 Intel Guru Frank26 ...in Iraq their currency is now going to play fairly because they added value IMO and they stopped using the auctions and they stopped using the American Dollar...Trump said lessen your dependence on our American dollar and they did...Iran was siphoning all the money we were sending to them through the Iraqi auctions and it was supplying terrorism...they're [Iraq] getting the last parts of the monetary reform done. Trump and the Fab 4 said that that's enough time wasted. Move on it. Do it...at any moment it could happen suddenly...it's an accounting process. It's all about the numbers.
5-24-2020 Newshound Guru Pimpy Everything has been pointing toward the month of June. We don't know why. But my thing is this - The bi-weekly budget, the fact that Pompeo, the United Nations and the IMF are gonna be there in June. It doesn't mean anything I'm just saying it seems to me like it does...look, I don't know what's going on but I can't help but feel whatever is coming it's happening in June. There's a lot of things pointing out to June. There's a lot of crap happening in May but there's definitely, definitely a lot of things happening in June. They started drilling in these fields on the outskirts [of Iraq] where it's reported to have 10x the amount of oil that's already being reported in Iraq. 10 times that amount. All I keep hearing is rate change. Rate change. Rate change...
5-24-2020 Newshound Guru Adam Montana [...has the EO 13303 been signed yet?] Yes. White House Statement: "...Executive Order 13668 of May 27, 2014, must continue in effect beyond May 22, 2020. Therefore...I am continuing for 1 year the national emergency with respect to the stabilization of Iraq declared in Executive Order 13303." ...we should remember why this is in effect. From Wikipedia: "Executive Order 13303 was issued on May 22, 2003 by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq..." ... I also think that many of us here were well aware that Trump would renew EO 13303, because even though it's been a number of years, we aren't the only ones who know the Iraqi Dinar is going to regain it's value. As for the question "What would happen on it's expiration" - that's a great question, and the answer is equally great - when the order is not renewed, it will be because Iraq has resolved it's issues and EO 13303 is simply no longer an issue. It is not a matter of "if". It is a matter of "when".
5-23-2020 Intel Guru Footforward They need to make sure they have some things established with certain countries so that when they revalue they can hit the ground running. It's establishing a foundation right now. They haven't been international in so long and have had so many restrictions for so long. It's like they are wanting to make sure everything is in place now.
5-23-2020 Newshound Guru Pimpy Article: "Barzani: We have taken serious steps with Baghdad and are ready to settle with the Kazemi government". ...I have a feeling the real hold up on this rate change is what's going on between Kurdistan and Iraq. An agreement has to be reached. That's just my feeling...we should see something flowing from this agreement in June. That's what I'm hoping. We'll see.
5-23-2020 Intel Guru Frank26 ...the CBI's got a lot of little, we call them satellite banks. They're private banks. They're going to be in the United States of America. If you want to go into one of these banks in the United States and take your dinars and exchange, you can. Maybe you just want to leave as dinars in these banks in the United State...they are about to open a piñata of banks and put the CBI banks all around this planet Earth...the key thing is they had to start in the United States of America first. Why? Who do you think is launching all of this? I call him 'daddy'. 'Play fair with our currency. Stop abusing it. Lessen the usage of my dollar', says Trump. 'Raise your own currency value. Back it up yourself. Go through the process of legalities to be able to be international.'
5-23-2020 Newshound Guru Breitling ...economies are just not gonna turn on overnight and the next thing you know the demand for energy is going to go up. The energy based on covid -19 is gonna be where it's at for a while. And the policy is going to keep it [oil] at between $26 and $31. It's not going to change for Iraq overnight. They need to add value to their currency. They're stuck and broke. Whether they get into the western markets or not they need to add value to their currency...there's simply no where for them to go...
5-23-2020 Intel Guru Footforward [...question about the executive order that Trump extended...what effect does it have on the RV in your opinion] none. It's neutral. If anything it makes things easier for us.
5-23-2020 Newshound Guru Pimpy ...in the immortal words of Phil Collins 'I can feel it coming in the air at night, oh Lord '...something is going on it Iraq and I mean there is a lot of shaking and grooving going on over there. A lot of positive energy. A lot of positive vibe. If you're into that kind of thing...there is a lot of fingers pointed to a lot of stuff being settled in May and then things popping off in June. I'm not trying to give nobody no false hope or get you guys high on hopium but there is a lot of vibes pointing towards that month of June...
5-23-2020 Intel Guru Frank26 ...how many time have I told you they are Article 8 leave it alone? Here's the evidence. If you're going out in the open markets you're Article 8. The only way you're Article 8 is how? You lifted the three zeros off your currency and added value. We called it the information trickling down to the citizens of Iraq. They're about to get purchasing power...they [Iraq] are admitting to the world they are Article 8. On top of that they are admitting to the world they lifted the three zeros off their exchange rate because they have a "financial balance". Remember they were saying, 'We have an economic crisis! We have a financial crisis!' No...so get ready to see what's next that you haven't even thought about...
5-23-2020 Newshound Guru Adam Montana [...what three zeros are they likely to "drop?" The 25,000 IQD becomes 25 IQD, or .00086 valuation becomes .86?...] The shorter answer is they talk about dropping 0's all the time - some of it is misinformation, the rest is just confusing. They can drop the 0's from the exchange rate OR from the currency. One is an increase in value, the other is a lop. Another possibility that can happen simultaneously is an introduction of a new currency, concurrent usage with the currency now in circulation, and a gradual (timed) removal and expiration of the now current currency. None of those situations are bad, but two of the examples are good while the third is neutral.
5-23-2020 Newshound Guru Pimpy Article: "Barzani: We have taken serious steps with Baghdad and are ready to settle with the Kazemi government". ...I have a feeling the real hold up on this rate change is what's going on between Kurdistan and Iraq. An agreement has to be reached. That's just my feeling...we should see something flowing from this agreement in June. That's what I'm hoping. We'll see.
5-23-2020 Intel Guru Frank26 ...the CBI's got a lot of little, we call them satellite banks. They're private banks. They're going to be in the United States of America. If you want to go into one of these banks in the United States and take your dinars and exchange, you can. Maybe you just want to leave as dinars in these banks in the United State...they are about to open a piñata of banks and put the CBI banks all around this planet Earth...the key thing is they had to start in the United States of America first. Why? Who do you think is launching all of this? I call him 'daddy'. 'Play fair with our currency. Stop abusing it. Lessen the usage of my dollar', says Trump. 'Raise your own currency value. Back it up yourself. Go through the process of legalities to be able to be international.'
5-23-2020 Newshound Guru Breitling ...economies are just not gonna turn on overnight and the next thing you know the demand for energy is going to go up. The energy based on covid -19 is gonna be where it's at for a while. And the policy is going to keep it [oil] at between $26 and $31. It's not going to change for Iraq overnight. They need to add value to their currency. They're stuck and broke. Whether they get into the western markets or not they need to add value to their currency...there's simply no where for them to go...
5-23-2020 Intel Guru Footforward [...question about the executive order that Trump extended...what effect does it have on the RV in your opinion] none. It's neutral. If anything it makes things easier for us.
5-23-2020 Newshound Guru Pimpy ...in the immortal words of Phil Collins 'I can feel it coming in the air at night, oh Lord '...something is going on it Iraq and I mean there is a lot of shaking and grooving going on over there. A lot of positive energy. A lot of positive vibe. If you're into that kind of thing...there is a lot of fingers pointed to a lot of stuff being settled in May and then things popping off in June. I'm not trying to give nobody no false hope or get you guys high on hopium but there is a lot of vibes pointing towards that month of June...
5-23-2020 Intel Guru Frank26 ...how many time have I told you they are Article 8 leave it alone? Here's the evidence. If you're going out in the open markets you're Article 8. The only way you're Article 8 is how? You lifted the three zeros off your currency and added value. We called it the information trickling down to the citizens of Iraq. They're about to get purchasing power...they [Iraq] are admitting to the world they are Article 8. On top of that they are admitting to the world they lifted the three zeros off their exchange rate because they have a "financial balance". Remember they were saying, 'We have an economic crisis! We have a financial crisis!' No...so get ready to see what's next that you haven't even thought about...
5-23-2020 Newshound Guru Adam Montana [...what three zeros are they likely to "drop?" The 25,000 IQD becomes 25 IQD, or .00086 valuation becomes .86?...] The shorter answer is they talk about dropping 0's all the time - some of it is misinformation, the rest is just confusing. They can drop the 0's from the exchange rate OR from the currency. One is an increase in value, the other is a lop. Another possibility that can happen simultaneously is an introduction of a new currency, concurrent usage with the currency now in circulation, and a gradual (timed) removal and expiration of the now current currency. None of those situations are bad, but two of the examples are good while the third is neutral.
5-22-2020 Intel Guru Bruce [via WiserNow] When would we start? And the answer is...based on a call...that I got...looks like the earliest date would be Tuesday AFTER Memorial Day – May 26th...I think we do expect this to go before the end of the month...as early as Tuesday for us...We know that if everything goes according to plan – Sunday that would usually mean rates on the screens before trading globally... Tuesday afternoon – would be our start time – That is the information we have today and last night on what the planning and execution of the plans are for us...I believe everything is moving along but at a slower pace than we thought...
5-22-2020 Newshound Guru Breitling ...the CBI went to the IMF a long time ago with the parliament and said we want to get the Iraqi dinar to a $1.17... That was the proposal. That's what they wanted and the whole world knows about it. It's out there. The other part of that is the CBI can revalue their currency anytime they want without parliament saying anything...the parliament wants the CBI to add value to the currency - correctly though. They're not begging them to do it, they just want them to do it correctly. The debate is the policy on how to do that...The CBI can add value to the currency any damn time they want...it's starting to narrow down and it's kind of remarkable...
5-22-2020 Intel Guru MarkZ [via PDK] I did speak to a Reno contact early this morning…and they are expecting things in place for a Tuesday morning exchange. I hope they are right. The chatter was very impressive overnight last night. The banking side swears we will be live Tuesday morning and we will get announcements over the weekend. I say take it with a grain of salt until we see it and have money in our accounts.
5-22-2020 Newshound/Intel Guru Mnt Goat Article quote: "...the government resorted to BORROWING FROM THREE GOVERNMENT BANKS TO SECURE EMPLOYEE SALARIES FOR THE MONTHS OF MAY AND JUNE NEXT." So for now it appears the Iraq did not print any more currency or devalue the dinar. Instead they borrowed from 3 major banks to meet the employee salaries for May and June. Will oil prices rise fast enough to meet the July and onward salaries?...
5-22-2020 Intel Guru Footforward ...when I say it can't be 1.50, I must have a REALLY good reason for saying that...Look higher then that...In my opinion. I know for a fact...In Iraq I would expect they will trade USD for new lower denoms one to one. That doesn't make the rate one to one. That's all my opinion...I still believe we will see something before the end of June.
5-22-2020 Newshound Guru Jeff ...since they formed the majority of the government about two weeks ago they have had an explosion of economic articles. By doing that they were simply telling you that the launching of the economy - going international was and is waiting on the formation of the government...those articles came out immediately after they formed a majority of the government. They're blatantly telling you that the rate change of the economy is waiting on the formation of government...nothing is going to happen till they finish those last 7 ministers...That's the number one thing we're waiting on right now. Once they finish that it's game on...
5-22-2020 Newshound Guru Adam Montana There is a lot going on right now - [Mustafa al-Kadhimi] continues the surge towards seating the cabinet, and continues to be mysteriously effective in his new role. Eid al-Fitr will be up on May 24, and the few remaining posts are slated for completion shortly. ...Mustafa al-Kadhimi is also kicking butt at his job... Iran has lost a ton of ground in Iraq, ...Khadimi has done a lot to prove that he is not another Iranian sock puppet, and on the heels of the renewal of EO13303 there is even more Iranian squashing. All of that, and more, is reason to smile.
5-22-2020 Newshound Guru MilitiaMan Article: "The Council of Ministers sets the days for the Eid holiday and directs the salaries of employees and the financial crisis" There are no coincidences now. They will imo use this window to game the RI... There is a Bank Holiday come Monday in the USA and UK, too...
5-22-2020 Newshound Guru Breitling ...the CBI went to the IMF a long time ago with the parliament and said we want to get the Iraqi dinar to a $1.17... That was the proposal. That's what they wanted and the whole world knows about it. It's out there. The other part of that is the CBI can revalue their currency anytime they want without parliament saying anything...the parliament wants the CBI to add value to the currency - correctly though. They're not begging them to do it, they just want them to do it correctly. The debate is the policy on how to do that...The CBI can add value to the currency any damn time they want...it's starting to narrow down and it's kind of remarkable...
5-22-2020 Intel Guru MarkZ [via PDK] I did speak to a Reno contact early this morning…and they are expecting things in place for a Tuesday morning exchange. I hope they are right. The chatter was very impressive overnight last night. The banking side swears we will be live Tuesday morning and we will get announcements over the weekend. I say take it with a grain of salt until we see it and have money in our accounts.
5-22-2020 Newshound/Intel Guru Mnt Goat Article quote: "...the government resorted to BORROWING FROM THREE GOVERNMENT BANKS TO SECURE EMPLOYEE SALARIES FOR THE MONTHS OF MAY AND JUNE NEXT." So for now it appears the Iraq did not print any more currency or devalue the dinar. Instead they borrowed from 3 major banks to meet the employee salaries for May and June. Will oil prices rise fast enough to meet the July and onward salaries?...
5-22-2020 Intel Guru Footforward ...when I say it can't be 1.50, I must have a REALLY good reason for saying that...Look higher then that...In my opinion. I know for a fact...In Iraq I would expect they will trade USD for new lower denoms one to one. That doesn't make the rate one to one. That's all my opinion...I still believe we will see something before the end of June.
5-22-2020 Newshound Guru Jeff ...since they formed the majority of the government about two weeks ago they have had an explosion of economic articles. By doing that they were simply telling you that the launching of the economy - going international was and is waiting on the formation of the government...those articles came out immediately after they formed a majority of the government. They're blatantly telling you that the rate change of the economy is waiting on the formation of government...nothing is going to happen till they finish those last 7 ministers...That's the number one thing we're waiting on right now. Once they finish that it's game on...
5-22-2020 Newshound Guru Adam Montana There is a lot going on right now - [Mustafa al-Kadhimi] continues the surge towards seating the cabinet, and continues to be mysteriously effective in his new role. Eid al-Fitr will be up on May 24, and the few remaining posts are slated for completion shortly. ...Mustafa al-Kadhimi is also kicking butt at his job... Iran has lost a ton of ground in Iraq, ...Khadimi has done a lot to prove that he is not another Iranian sock puppet, and on the heels of the renewal of EO13303 there is even more Iranian squashing. All of that, and more, is reason to smile.
5-22-2020 Newshound Guru MilitiaMan Article: "The Council of Ministers sets the days for the Eid holiday and directs the salaries of employees and the financial crisis" There are no coincidences now. They will imo use this window to game the RI... There is a Bank Holiday come Monday in the USA and UK, too...
5-21-2020 Intel Guru Bruce ... make sure everybody understands what “on par” means when it comes to currencies – it means that the currencies being on par with each other means having the same value – this is not now – this is starting June 2nd if everything holds to the current pace...The Iraqi Dinar would have the value of $1.00 – 1 dinar = 1 dollar...
5-21-2020 Newshound Guru MilitiaMan I think everyone by now should know that with all we have studied to date, we knew that this was to come at the end...The REER should follow in very short order. (Real Effective Exchange Rate) One more thing. We know they have been on film showing the destruction of large notes and in mass quantities!! That fact also supports the large amount of money spent printing currency and or minting coins, is the new issuance being reflected on the CBI site. WE watch for the REER.. Lets see what the days bring us... imo. [What Is the Real Effective Exchange Rate – REER? Investopedia: "The real effective exchange rate (REER) is the weighted average of a country's currency in relation to an index or basket of other major currencies. The weights are determined by comparing the relative trade balance of a country's currency against each country within the index. This exchange rate is used to determine an individual country's currency value relative to the other major currencies in the index."]
5-21-2020 Intel Guru Frank26 ...the information is flowing very rapidly now. I mean very rapidly about the redenomination, the monetary reform, the reinstatement of their currency...this article...that blew everybody up...what they're trying to tell you is that it's not that the Iraqi dinar is going to go down in value in fact a few days ago they said 'we're gonna print a whole bunch of currency' and the people in Iraq (my fireflies) they lost it!...look guys it's their job to confuse you...it's all fake news...the confusion seems to have ironed itself out in my opinion...today we see this article from the meeting with the CBI and the Fab 4 clearly explaining the true path of the monetary reform. The RD is becoming very very loud. They are implementing a new currency with a new rate...they're fully committed to raising the value of their currency...Where is the redenomination? Where are we in that process? I think we're ready to see a change...
5-21-2020 Intel Guru MarkZ [via PDK] Nothing happened overnight as expected by my sources... I am still looking for it sometime before June. 1st. ...We are seeing it play out before our eyes…we just do not know the exact timing. And no one is supposed to.
5-21-2020 Newshound Guru MilitiaMan Just as Frank [Guru Frank26] has taught, and as even Dr. Shabibi has mentioned in the past, that there will be confusion and propaganda at the END GAME... There is only one real option they have and will do. ioo...As in, they will raise the exchange rate of the IQD by reducing the amount of Dinars to buy Dollars. There is a...chart from the CBI, is noted to have been updated yesterday. The CBI presently shows the public exposure of an increase in the money issuance. ...[Guru] Delta told us days ago...on the Arabic side of the CBI, that they did the increase in currency issuance, which means that what we believe from their data is to be the small category notes and or even coins. Now they are public about it on the CBI site. ...the facts...speak loudly imo, that they are just about now going into a market economy. Everything is ready and waiting. They can't do that with out raising the value of the IQD, imo...
5-21-2020 Intel Guru Bruce So we had some things that slowed the process down – over the last 3-4 days – I believe what’s happening now is they are catching up...in my opinion it is running a little behind...We are ready to begin – we think our part of it should come this week...though I believe we are slightly behind the original schedule...I am going to suggest to everybody – just take a deep breath – relax – know that we are in the right moment...
5-21-2020 Intel Guru Frank26 ...ARTICLE FROM THE PARLIAMENT HAS BEEN RELEASED TO AVOID ALL CONFUSION ESPECIALLY FOR THE CITIZENS. Article: "A proposal on the government table to face the parliamentary economic and financial crisis warns!" Quotes: "raising the dollar exchange rate to face the financial crisis and preserve the hard currency is one of the proposals and monetary measures that the state may take to avoid the liquidity crisis."; "the flotation does not constitute an increase in the value of the Iraqi dinar, but rather we will see an increase in the exchange rates of the dollar due to the lack of its acquisition in the global market, especially with the decline in global oil prices."; "the flotation is taken in light of the stable financial conditions of the state, as well as the diversification of the economy and its dependence on resources other than oil." THIS ARTICLE IS...CLEARLY STATING THAT THE IQD HAS TO GO UP IN VALUE THROUGH THEIR EXCHANGE RATE...NOTICE WHAT THEY SAY ABOUT THE FLOAT...
5-21-2020 Newshound Guru MilitiaMan I think everyone by now should know that with all we have studied to date, we knew that this was to come at the end...The REER should follow in very short order. (Real Effective Exchange Rate) One more thing. We know they have been on film showing the destruction of large notes and in mass quantities!! That fact also supports the large amount of money spent printing currency and or minting coins, is the new issuance being reflected on the CBI site. WE watch for the REER.. Lets see what the days bring us... imo. [What Is the Real Effective Exchange Rate – REER? Investopedia: "The real effective exchange rate (REER) is the weighted average of a country's currency in relation to an index or basket of other major currencies. The weights are determined by comparing the relative trade balance of a country's currency against each country within the index. This exchange rate is used to determine an individual country's currency value relative to the other major currencies in the index."]
5-21-2020 Intel Guru Frank26 ...the information is flowing very rapidly now. I mean very rapidly about the redenomination, the monetary reform, the reinstatement of their currency...this article...that blew everybody up...what they're trying to tell you is that it's not that the Iraqi dinar is going to go down in value in fact a few days ago they said 'we're gonna print a whole bunch of currency' and the people in Iraq (my fireflies) they lost it!...look guys it's their job to confuse you...it's all fake news...the confusion seems to have ironed itself out in my opinion...today we see this article from the meeting with the CBI and the Fab 4 clearly explaining the true path of the monetary reform. The RD is becoming very very loud. They are implementing a new currency with a new rate...they're fully committed to raising the value of their currency...Where is the redenomination? Where are we in that process? I think we're ready to see a change...
5-21-2020 Intel Guru MarkZ [via PDK] Nothing happened overnight as expected by my sources... I am still looking for it sometime before June. 1st. ...We are seeing it play out before our eyes…we just do not know the exact timing. And no one is supposed to.
5-21-2020 Newshound Guru MilitiaMan Just as Frank [Guru Frank26] has taught, and as even Dr. Shabibi has mentioned in the past, that there will be confusion and propaganda at the END GAME... There is only one real option they have and will do. ioo...As in, they will raise the exchange rate of the IQD by reducing the amount of Dinars to buy Dollars. There is a...chart from the CBI, is noted to have been updated yesterday. The CBI presently shows the public exposure of an increase in the money issuance. ...[Guru] Delta told us days ago...on the Arabic side of the CBI, that they did the increase in currency issuance, which means that what we believe from their data is to be the small category notes and or even coins. Now they are public about it on the CBI site. ...the facts...speak loudly imo, that they are just about now going into a market economy. Everything is ready and waiting. They can't do that with out raising the value of the IQD, imo...
5-21-2020 Intel Guru Bruce So we had some things that slowed the process down – over the last 3-4 days – I believe what’s happening now is they are catching up...in my opinion it is running a little behind...We are ready to begin – we think our part of it should come this week...though I believe we are slightly behind the original schedule...I am going to suggest to everybody – just take a deep breath – relax – know that we are in the right moment...
5-21-2020 Intel Guru Frank26 ...ARTICLE FROM THE PARLIAMENT HAS BEEN RELEASED TO AVOID ALL CONFUSION ESPECIALLY FOR THE CITIZENS. Article: "A proposal on the government table to face the parliamentary economic and financial crisis warns!" Quotes: "raising the dollar exchange rate to face the financial crisis and preserve the hard currency is one of the proposals and monetary measures that the state may take to avoid the liquidity crisis."; "the flotation does not constitute an increase in the value of the Iraqi dinar, but rather we will see an increase in the exchange rates of the dollar due to the lack of its acquisition in the global market, especially with the decline in global oil prices."; "the flotation is taken in light of the stable financial conditions of the state, as well as the diversification of the economy and its dependence on resources other than oil." THIS ARTICLE IS...CLEARLY STATING THAT THE IQD HAS TO GO UP IN VALUE THROUGH THEIR EXCHANGE RATE...NOTICE WHAT THEY SAY ABOUT THE FLOAT...
5-20-2020 Newshound/Intel Guru Mnt Goat Article: "EMERGENCY CELL TO BE FORMED TO REVIEW FINANCIAL REFORM TO MANAGE THE CURRENT FINANCIAL SITUATION AND FIND THE REMEDIES AND SOLUTIONS TO OVERCOME THE COUNTRY'S COMPLEX ECONOMIC CRISIS" ...there were 9 pillars of reform listed. One of which was and I quote – “Fourth, securing the amounts allocated to the reform decisions committed by the outgoing government to implement the demands of the demonstrators.” We know one of these demands is to eliminate the currency auctions. Back in 2019 the CBI said they are working on it and will get it done. They said this to satisfy this demand. This is still underway. At this time the CBI said they only needed a newly formed, stable government and the protesting to stop in order to complete it.
5-20-2020 Intel Guru Footforward [What is everybody’s thoughts in executive order 13303 that expires in 2 days...?] ...it will be awesome it if doesn't get renewed! ...it allows people to invest in Iraq. We are at war with Iraq technically. So if that expires and the declaration of war is not removed then no one can sell or buy dinar...so if that happens, most will freak out. It could also be a sign that the RV is close to happening and they want a natural way to stop dinar sales without tipping people off by sending out a mandate to stop...We will cash out in my opinion. But don't be surprised if this looks hopeless right before it happens...
5-20-2020 Intel Guru RayRen98 Iraqi TV is broadcasting that PM Al-Kadhimi has ordered to print new money to pay the citizen's salaries and that Iraq will borrow the funds to cover the deficit in the budget. A new law will allow them to defer the payment of loans until later.
5-20-2020 Newshound Guru Pimpy ...I told you al-Kazemi is no joke. This guy is already going for the rest of his ministry. The rest of his cabinet to be voted on before...the big holiday which is coming up here real soon. There is a lot of energy in the dinar community in hopes that the rate will change right on or before this holiday. I would be really grateful for that...I'm liking this guy a whole lot. Unlike the other people who drug their feet, man this guy's like look this is it. We're doing this, we're moving forward...looks like our boy Al-Kazemi is gonna get the rest of his cabinet members in there sometime this week or next week...
5-20-2020 Intel Guru MarkZ [via PDK] No movement or rate change in Iraq…yet. Based on all I am hearing I am still expecting it between now and June 1...i am trying to look at it logically and I know they need things in place for the 1st. ...based on what I am hearing from many sources…this month is very much in play and the goal line is June 1... I have cross referenced this intel…gone back and forth, shaken the cages…and I think the goal line is June 1. This means they have to get busy and we should start seeing more movement throughout this weekend if they are going to make this happen...the reset is right around the corner…It is going down…we are watching it…
5-20-2020 Newshound/Intel Guru Mnt Goat Article: "GOVERNMENT OF PRIME MINISTER MUSTAFA AL-KAZEMI WILL GO TO PRINT A NEW LOCAL CURRENCY IN ORDER TO PAY THE SALARIES OF EMPLOYEES" This printing of money is not good for us investors. It shows us they are not serious about completing the project to delete the zeros any time soon. First in order to do the project they will have to recollect all these larger notes all over again to bring the money supply back to levels acceptable to complete the project. We could be waiting a longer than expected timeframe for the reinstatement than we hoped. Let us pray they do not do this printing of more currency.
5-20-2020 Intel Guru Footforward [What is everybody’s thoughts in executive order 13303 that expires in 2 days...?] ...it will be awesome it if doesn't get renewed! ...it allows people to invest in Iraq. We are at war with Iraq technically. So if that expires and the declaration of war is not removed then no one can sell or buy dinar...so if that happens, most will freak out. It could also be a sign that the RV is close to happening and they want a natural way to stop dinar sales without tipping people off by sending out a mandate to stop...We will cash out in my opinion. But don't be surprised if this looks hopeless right before it happens...
5-20-2020 Intel Guru RayRen98 Iraqi TV is broadcasting that PM Al-Kadhimi has ordered to print new money to pay the citizen's salaries and that Iraq will borrow the funds to cover the deficit in the budget. A new law will allow them to defer the payment of loans until later.
5-20-2020 Newshound Guru Pimpy ...I told you al-Kazemi is no joke. This guy is already going for the rest of his ministry. The rest of his cabinet to be voted on before...the big holiday which is coming up here real soon. There is a lot of energy in the dinar community in hopes that the rate will change right on or before this holiday. I would be really grateful for that...I'm liking this guy a whole lot. Unlike the other people who drug their feet, man this guy's like look this is it. We're doing this, we're moving forward...looks like our boy Al-Kazemi is gonna get the rest of his cabinet members in there sometime this week or next week...
5-20-2020 Intel Guru MarkZ [via PDK] No movement or rate change in Iraq…yet. Based on all I am hearing I am still expecting it between now and June 1...i am trying to look at it logically and I know they need things in place for the 1st. ...based on what I am hearing from many sources…this month is very much in play and the goal line is June 1... I have cross referenced this intel…gone back and forth, shaken the cages…and I think the goal line is June 1. This means they have to get busy and we should start seeing more movement throughout this weekend if they are going to make this happen...the reset is right around the corner…It is going down…we are watching it…
5-20-2020 Newshound/Intel Guru Mnt Goat Article: "GOVERNMENT OF PRIME MINISTER MUSTAFA AL-KAZEMI WILL GO TO PRINT A NEW LOCAL CURRENCY IN ORDER TO PAY THE SALARIES OF EMPLOYEES" This printing of money is not good for us investors. It shows us they are not serious about completing the project to delete the zeros any time soon. First in order to do the project they will have to recollect all these larger notes all over again to bring the money supply back to levels acceptable to complete the project. We could be waiting a longer than expected timeframe for the reinstatement than we hoped. Let us pray they do not do this printing of more currency.
5-19-2020 Intel Guru MarkZ [via PDK] Countries all over the world are spelling it out guys…they are telling us what is going to happen…they are talking about the need for a reset…for asset backed currencies…Even my local bankers that used to think I was crazy, tell me this is going to happen soon…they say they are glad I told them about it…i get this from more and more bankers as the lights come on in their heads…
5-19-2020 Newshound Guru MilitiaMan ...today...nothing but URGENCY and ACCELERATION, in respect to reforms... The report from the IBBC [International Bank of Business and Credit] is all about urgency and change! That includes monetary reforms at the Borders, etc... It includes the citizens demands as noted about too... They mean business and so does the report. ...The pressure is on!! It may take 30 days for some things, but, imo they have no liquidity... Hence, the argument is sooner than later imo!
5-19-2020 Intel Guru MarkZ [via PDK] [Do you know what the rates will be?] Just the rumored rates...i still hear the street rate on the dong will come out at around .47 cents and allowed to float…but our contract rate will be around $2. I am still hearing the dinar street rate will be around $3.70…but our contract rate will be close to $8…that is what I am hearing…treat rates as rumors until we are actually at the banks and see it.
5-19-2020 Intel Guru Angle1 ...an ambassador in Iraq in the green zone tells us this past week that the lower denoms are in the banks. We've known that. But they said something brand new that we didn't know...they are ready to disperse the lower denoms...here's what's interesting to me. I don't believe those that were printed in March are inside of the vaults right now. I believe whatever is in the vaults now per our intel, per our source, is going to be distributed, is going to be released and guess what's going to come up the rear back to the vaults? What they have been printing...what I'm excited about is the only reason they're going to print more because there's about to be a distribution of what you already have...that's what I'm excited about...I wasn't just excited about them printing lower denoms. Heck we've already known that. But why are they printing more? Because there is now need for more...they are pushing this bad boy out in phases! ...it's right in front of us...it's time for distribution...
5-19-2020 Newshound Guru Pimpy ...I'm really really starting to like this Prime Minister al-Kazemi...The more I read about him the more I really like this guy...he is cracking down on corruption over there in Iraq...al-Kazemi is no joke whatsoever. This guy is draining the Iraqi swamp...
5-19-2020 Intel Guru MarkZ [via PDK] Iraq/Dinar News: There is a lot of chatter. What I am hearing is they plan on being international June 1st and plan on (new rate) going 10-12 days ahead of that In-Country. That is the rumors I am hearing from Iraq right now. They are going to have to pull the “in-country” trigger at any moment. This means we should be hearing something at any moment imo…I hope so I know we are all over being on this ride.
5-19-2020 Intel/Newshound Gurus Frank26 & Walkingstick They're getting ready to go international with their currency...
5-19-2020 Intel Guru Footforward [Do think there will be a time limit for us to exchange our IQD and VND?] no. But I don't plan on waiting long.
5-19-2020 Newshound Guru MilitiaMan ...My take is they are at critical mass. The new PM has a very big job ahead of him, as noted by the IBBC [International Bank of Business and Credit]...letter he recieved. Can he get the atmosphere to be in full Article 8 compliance by raising the IQD to a new international rate with the CBI, that is in sync with the 2019 Amended /2020 Budgets? We apparently will be seeing soon enough.. imo...
5-19-2020 Intel Guru MarkZ [via PDK] After having many conversations with bankers that are involved with exchange centers that they would like for you to only have one appointment…they have a limited amount of time…they would like you to get in, exchange and get out…if you have a very legitimate reason to need a second apt…that’s ok.
5-19-2020 Newshound Guru Kaperoni [Dinar can not float unless it is on Forex or RV is implemented, right?] No. They can float at anytime. It is just another type of exchange rate regime. Currently, they are pegged to the dollar.
5-19-2020 Newshound Guru MilitiaMan ...today...nothing but URGENCY and ACCELERATION, in respect to reforms... The report from the IBBC [International Bank of Business and Credit] is all about urgency and change! That includes monetary reforms at the Borders, etc... It includes the citizens demands as noted about too... They mean business and so does the report. ...The pressure is on!! It may take 30 days for some things, but, imo they have no liquidity... Hence, the argument is sooner than later imo!
5-19-2020 Intel Guru MarkZ [via PDK] [Do you know what the rates will be?] Just the rumored rates...i still hear the street rate on the dong will come out at around .47 cents and allowed to float…but our contract rate will be around $2. I am still hearing the dinar street rate will be around $3.70…but our contract rate will be close to $8…that is what I am hearing…treat rates as rumors until we are actually at the banks and see it.
5-19-2020 Intel Guru Angle1 ...an ambassador in Iraq in the green zone tells us this past week that the lower denoms are in the banks. We've known that. But they said something brand new that we didn't know...they are ready to disperse the lower denoms...here's what's interesting to me. I don't believe those that were printed in March are inside of the vaults right now. I believe whatever is in the vaults now per our intel, per our source, is going to be distributed, is going to be released and guess what's going to come up the rear back to the vaults? What they have been printing...what I'm excited about is the only reason they're going to print more because there's about to be a distribution of what you already have...that's what I'm excited about...I wasn't just excited about them printing lower denoms. Heck we've already known that. But why are they printing more? Because there is now need for more...they are pushing this bad boy out in phases! ...it's right in front of us...it's time for distribution...
5-19-2020 Newshound Guru Pimpy ...I'm really really starting to like this Prime Minister al-Kazemi...The more I read about him the more I really like this guy...he is cracking down on corruption over there in Iraq...al-Kazemi is no joke whatsoever. This guy is draining the Iraqi swamp...
5-19-2020 Intel Guru MarkZ [via PDK] Iraq/Dinar News: There is a lot of chatter. What I am hearing is they plan on being international June 1st and plan on (new rate) going 10-12 days ahead of that In-Country. That is the rumors I am hearing from Iraq right now. They are going to have to pull the “in-country” trigger at any moment. This means we should be hearing something at any moment imo…I hope so I know we are all over being on this ride.
5-19-2020 Intel/Newshound Gurus Frank26 & Walkingstick They're getting ready to go international with their currency...
5-19-2020 Intel Guru Footforward [Do think there will be a time limit for us to exchange our IQD and VND?] no. But I don't plan on waiting long.
5-19-2020 Newshound Guru MilitiaMan ...My take is they are at critical mass. The new PM has a very big job ahead of him, as noted by the IBBC [International Bank of Business and Credit]...letter he recieved. Can he get the atmosphere to be in full Article 8 compliance by raising the IQD to a new international rate with the CBI, that is in sync with the 2019 Amended /2020 Budgets? We apparently will be seeing soon enough.. imo...
5-19-2020 Intel Guru MarkZ [via PDK] After having many conversations with bankers that are involved with exchange centers that they would like for you to only have one appointment…they have a limited amount of time…they would like you to get in, exchange and get out…if you have a very legitimate reason to need a second apt…that’s ok.
5-19-2020 Newshound Guru Kaperoni [Dinar can not float unless it is on Forex or RV is implemented, right?] No. They can float at anytime. It is just another type of exchange rate regime. Currently, they are pegged to the dollar.
5-18-2020 Newshound Guru MilitiaMan The fact that the USNC had that meeting on the 13th is imo that they timed it accordingly and that that timing means they have made an agreement and on schedule...The next few hours, days to just possibly weeks are very important and have profound implications for us. If all the data points to the final conclusion? Then that data shows us it is about time for them to raise the rate whereby Iraq becomes fully Article 8 compliant... that is the goal of Iraq, to open for business internationally. Lastly, the country has no liquidity and they are in crisis. Thus, the pressure is immense and has been for some time. imo Times look very good indeed!
5-18-2020 Intel Guru Footforward This is all in my opinion. Not financial advice. Part of the hold up with the dong is that they would have to print lower demons. Lowest note they have is 100. You can get away with that at 5-10 cents. You can't at a higher rate. We may have this backwards. Iraq may go first and Vietnam may go second. The two separate RVs could be because Vietnam suddenly needs a higher rate and aren't prepared for it.
5-18-2020 Newshound/Intel Guru RVAlready I think Iraq politicians left them at a point where they must RV. So, complete cabinet, RV, and new budget. This new PM seems a decent and capable guy.
5-18-2020 Intel Guru MarkZ [via PDK] [ I heard that June 1st is the real deadline-do you believe that?] Yes I do...there is a tremendous push to have all in place by June 1. In Iraq no new rate on Saturday as they hoped…so now they are looking for the Gazette to publish it on Wed.
5-18-2020 Newshound Guru Jeff ...I've told you that if Iraq is going to change the rate during the month of May they can only do it over a weekend and/or it has to be an in-country holiday period because Iraq's financial markets have to be closed in country and the world markets have to be closed...to minimize market volatility. So we're looking for an in country holiday weekend in Iraq. Article "Iraq imposes full curfew for eight day starting May 22 over Covid-19 Fears". Interesting...they're extending the covid-19 only through a period of 8 days around May 22nd. Guys I'm done talking. I rest my case...they just pulled a magical holiday period out of a rabbit's hat for you guys over the weekend of May 24th going through May 30th...
5-18-2020 Newshound Guru MilitiaMan There are things out in articles of late to support a change to the IQD could/may come between now and the 05/31/2020ish time frame for a possible reinstatement of the IQD...For instance, the UNSC meeting minutes told us that the UN will be giving 2 billion Dinar to Iraq... That hasn't been done yet, imo... They'll have to raise the rate for that small amount to do any projects of any substance or worth while...That 2 billion Dinar support, has me in a "literally" at any time frame now through the end of month, but, it supports to me a sooner rather than a later aspect. imo...
5-18-2020 Newshound Guru Adam Montana [It looks like the new guy Kazemi is shaking things up and taking action, something we’re not used to with the government. I hope he’s the real deal and gets them where they need to be.] Things are REALLY looking different this time around! Fingers crossed...
5-18-2020 Intel Guru Delta ...this is huge...The United Nations giving dinars is an indication that they are Article 8. Keep in mind if you don't see them in Article 8 that doesn't mean they are not...Iraq was probably Article 8 two or three months ago but you're not going to see it until they basically announce it. We know they can't do that until the new rate or lifting the 3 zeros from the exchange rate has to be there...I think this is very very significant...to give...2 billion dinars...but the 2 billion dinars could really be worth something if they come up at $1 - $2. Now you got 2 billion dollars worth...this is very huge...
5-18-2020 Intel Guru Footforward This is all in my opinion. Not financial advice. Part of the hold up with the dong is that they would have to print lower demons. Lowest note they have is 100. You can get away with that at 5-10 cents. You can't at a higher rate. We may have this backwards. Iraq may go first and Vietnam may go second. The two separate RVs could be because Vietnam suddenly needs a higher rate and aren't prepared for it.
5-18-2020 Newshound/Intel Guru RVAlready I think Iraq politicians left them at a point where they must RV. So, complete cabinet, RV, and new budget. This new PM seems a decent and capable guy.
5-18-2020 Intel Guru MarkZ [via PDK] [ I heard that June 1st is the real deadline-do you believe that?] Yes I do...there is a tremendous push to have all in place by June 1. In Iraq no new rate on Saturday as they hoped…so now they are looking for the Gazette to publish it on Wed.
5-18-2020 Newshound Guru Jeff ...I've told you that if Iraq is going to change the rate during the month of May they can only do it over a weekend and/or it has to be an in-country holiday period because Iraq's financial markets have to be closed in country and the world markets have to be closed...to minimize market volatility. So we're looking for an in country holiday weekend in Iraq. Article "Iraq imposes full curfew for eight day starting May 22 over Covid-19 Fears". Interesting...they're extending the covid-19 only through a period of 8 days around May 22nd. Guys I'm done talking. I rest my case...they just pulled a magical holiday period out of a rabbit's hat for you guys over the weekend of May 24th going through May 30th...
5-18-2020 Newshound Guru MilitiaMan There are things out in articles of late to support a change to the IQD could/may come between now and the 05/31/2020ish time frame for a possible reinstatement of the IQD...For instance, the UNSC meeting minutes told us that the UN will be giving 2 billion Dinar to Iraq... That hasn't been done yet, imo... They'll have to raise the rate for that small amount to do any projects of any substance or worth while...That 2 billion Dinar support, has me in a "literally" at any time frame now through the end of month, but, it supports to me a sooner rather than a later aspect. imo...
5-18-2020 Newshound Guru Adam Montana [It looks like the new guy Kazemi is shaking things up and taking action, something we’re not used to with the government. I hope he’s the real deal and gets them where they need to be.] Things are REALLY looking different this time around! Fingers crossed...
5-18-2020 Intel Guru Delta ...this is huge...The United Nations giving dinars is an indication that they are Article 8. Keep in mind if you don't see them in Article 8 that doesn't mean they are not...Iraq was probably Article 8 two or three months ago but you're not going to see it until they basically announce it. We know they can't do that until the new rate or lifting the 3 zeros from the exchange rate has to be there...I think this is very very significant...to give...2 billion dinars...but the 2 billion dinars could really be worth something if they come up at $1 - $2. Now you got 2 billion dollars worth...this is very huge...
5-17-2020 Newshound Guru Pimpy ...a lot of you finally calmed down over those articles about Iraq wanting to devalue their currency...I told you don't worry about what the articles say, these are economists making suggestions. We'll see what they do. What they do is different than what they say. Just don't pay attention to what they say (pay attention a little bit) but pay attention more to what they do. With the price of oil going up this makes it less likely that they'll need to devalue the dollars. So stability, oil prices going up, the completion of the ministerial cabinet - it's looking really really good.
5-17-2020 Intel Guru Footforward [Just wondering how will China benefit from Iraq revealing. ] Oil deal they have with Iraq for one and they have alot of contracts that go into effect with Iraq when the dinar revalues.
5-17-2020 Intel Guru Delta ...It's a very high possibility that we might really see something from the Central Bank of Iraq this week...all the media is reporting right now in Iraq, they have so many newspapers, so many live TV, so many people just talking about the subject - printing money, exchange rate. This is the first time...they're talking about an exchange rate...before we used to dream about them talking about this...we don't know the rate. We don't know the date. But this is coming from Iraq all over the news. They're talking about exchange rate. They're talking about printing money...everybody is happy internationally. Everybody is supporting the new Prime Minister...the World Bank...the first time they are basically supporting the financial reforms, the economic reforms - anything that has to do with money...they're backing up this new Prime Minister 100%. This is just unbelievable news...any nanosecond we could see the rate changing...
5-17-2020 Intel Guru Frank26 ...the United Nations is sending them 2 billion dinar. That's less than 2 million dollars for 3 major projects....that is incredible! IMO that means their currency must have some type of an electronic value that has not been posted...it's just amazing because the United Nations is now getting involved in lending [Giving?] them their own money. That is definitely chapter 8. That's an international move...
5-17-2020 Newshound Guru Pimpy I had a feeling...that there would be a lot of discouraging news about the dinar that would come out first before the actual action of the dinar and this seems to be part of that news. And don't be surprised if we don't get more. I really think there's a bigger picture coming...we don't care about what they say, we care about what they do...People are saying, well how do you feel? You panicking? No, I'm not. Even if the rate did decrease for whatever reason...to me that's nothing...I preach this all the time, buy on the dip...if they lower that just means I get more dinar for my dollar... [Post 2 of 2]
5-17-2020 Newshound Guru Pimpy ...There's an article that stated that they were thinking about devaluing the Iraqi dinar so instead of getting 1190 dinar for every dollar you'll get somewhere between 1200 to 1400 dinar for every dollar. That's going in the opposite direction of where we wanted to go...this is just economists. That's all they are. These are economists making recommendations ... it doesn't make any sense to me. I'm not an economist don't get me wrong but at the same token it doesn't make sense to me...if there's truly a shortage of Iraqi dinars in Iraq wouldn't it make sense then to increase the value of the dinars? This would get people who are holding dinar to turn their dinar over then these would come back into Iraq...increasing the rate makes more sense... [Post 1 of 2....stay tuned]
5-17-2020 Intel Guru Delta Two billion dinars from the United Nations to serve Al-Baghdadi in Anbar…UN GIVING IRAQ...2B DINARS ...NOT $$$...CAN WE SAY ARTICLE 8...
5-17-2020 Newshound Guru MilitiaMan Article: "...Al-Kazemi intends to replace most of the heads of the 25 independent bodies" ... I am seriously liking this new PM more and more and apparently the citizens do too! Open the files and let’s see who is who and what changes were made or are to come...I would like to see the Governor of the Central Bank make an announcement this weekend! imo!
5-17-2020 Intel Guru Footforward [Just wondering how will China benefit from Iraq revealing. ] Oil deal they have with Iraq for one and they have alot of contracts that go into effect with Iraq when the dinar revalues.
5-17-2020 Intel Guru Delta ...It's a very high possibility that we might really see something from the Central Bank of Iraq this week...all the media is reporting right now in Iraq, they have so many newspapers, so many live TV, so many people just talking about the subject - printing money, exchange rate. This is the first time...they're talking about an exchange rate...before we used to dream about them talking about this...we don't know the rate. We don't know the date. But this is coming from Iraq all over the news. They're talking about exchange rate. They're talking about printing money...everybody is happy internationally. Everybody is supporting the new Prime Minister...the World Bank...the first time they are basically supporting the financial reforms, the economic reforms - anything that has to do with money...they're backing up this new Prime Minister 100%. This is just unbelievable news...any nanosecond we could see the rate changing...
5-17-2020 Intel Guru Frank26 ...the United Nations is sending them 2 billion dinar. That's less than 2 million dollars for 3 major projects....that is incredible! IMO that means their currency must have some type of an electronic value that has not been posted...it's just amazing because the United Nations is now getting involved in lending [Giving?] them their own money. That is definitely chapter 8. That's an international move...
5-17-2020 Newshound Guru Pimpy I had a feeling...that there would be a lot of discouraging news about the dinar that would come out first before the actual action of the dinar and this seems to be part of that news. And don't be surprised if we don't get more. I really think there's a bigger picture coming...we don't care about what they say, we care about what they do...People are saying, well how do you feel? You panicking? No, I'm not. Even if the rate did decrease for whatever reason...to me that's nothing...I preach this all the time, buy on the dip...if they lower that just means I get more dinar for my dollar... [Post 2 of 2]
5-17-2020 Newshound Guru Pimpy ...There's an article that stated that they were thinking about devaluing the Iraqi dinar so instead of getting 1190 dinar for every dollar you'll get somewhere between 1200 to 1400 dinar for every dollar. That's going in the opposite direction of where we wanted to go...this is just economists. That's all they are. These are economists making recommendations ... it doesn't make any sense to me. I'm not an economist don't get me wrong but at the same token it doesn't make sense to me...if there's truly a shortage of Iraqi dinars in Iraq wouldn't it make sense then to increase the value of the dinars? This would get people who are holding dinar to turn their dinar over then these would come back into Iraq...increasing the rate makes more sense... [Post 1 of 2....stay tuned]
5-17-2020 Intel Guru Delta Two billion dinars from the United Nations to serve Al-Baghdadi in Anbar…UN GIVING IRAQ...2B DINARS ...NOT $$$...CAN WE SAY ARTICLE 8...
5-17-2020 Newshound Guru MilitiaMan Article: "...Al-Kazemi intends to replace most of the heads of the 25 independent bodies" ... I am seriously liking this new PM more and more and apparently the citizens do too! Open the files and let’s see who is who and what changes were made or are to come...I would like to see the Governor of the Central Bank make an announcement this weekend! imo!
5-16-2020 Intel Guru Footforward [what odds would you give that the dong goes before the dinar? (percentage wise)] 50/50...China will be a big factor in that...But that's all my opinion...It's my opinion that could happen either way. But it seems that something has shifted with Vietnam...
5-16-2020 Newshound Guru Jeff what Kuwait and China syndrome means is that shortly before both Kuwait and China came out changing their rates...they publicly released information saying they have no intentions of changing our rate. A few days later they actually changed the rate...Yesterday they [Iraq] put out an article saying yeah we're actually going to reduce our exchange rate and print and release new currency while reducing the exchange rate. That has BS written all over it...they're trying to mislead you...last year they said they want to release coins and increase our exchange rate. They are doing what they can to confuse and mislead you...
5-16-2020 Intel Guru Mike Cottrell people ask me when is the RV going to happen …I do not know ...There is no way this reset is not going to happen…watch the G-20…when the G-20 make a decree that China and the communist party owes us for all the death and trauma caused in the world and to all countries. I think that is when we will see the rollover/reset happen. If not before...
5-16-2020 Newshound/Intel Guru Mnt Goat ...I am hearing some wonderful news now from parliamentary finance committee almost demanding the project to delete the zeros and the full implementation of Article 8 under the IMF monetary policy for member nations. Again they are questioning what is taking the CBI so long to get this done and they want it now...So here is my new reinstatement window: When we begin to see more and more of the protestor demands being met by the new prime minister Al-Kazemi. Also the CBI will be giving a statement shortly on the update of the project to delete the zeros. I am told by my CBI contact they are about to do this soon. So let’s wait and see what the official CBI statement is. We already know the Finance committee is demanding the completion of the project and the end of the currency auctions. They want is done NOW!
5-16-2020 Newshound Guru MilitiaMan Article: "The Central Bank of Iraq signs a banking arrangement document with the World Bank" Quote: "It is noteworthy that this program was developed by the World Bank in 2000, with the aim of building capacities and providing consulting and asset management services. Trillion dollars in sovereign assets." With this agreement will come the secondary markets imo.. Get ready world, IRAQ is about to show her wealth to the world... One that will be noticed be sure!! She'll be adding to that Trillion...To say the least.. imo.
5-16-2020 Newshound Guru Pimpy ...we know they need more purchasing power. That's the direction I feel they're going in but we will soon find out. All right you guys don't feel negative....IMO a decrease in a rate is what we want. And what I mean by a decrease - I don't want to see that number [1190 dinar rate] increase... what I mean is I want to see 1190 decease - go down. The lower that goes the closer it gets...
5-16-2020 Newshound Guru Jeff ...they just have an explosion of economic articles. They really didn't talk about the economy this year at all until recently. Until after last week. That would tell you guys that there was a delay and it was the formation of the government. They had to get the government done and formed...they have resumed back to where they were from last year. Having an explosion of economic articles that pretty much tells us they're done and ready to go. They're ready to move forward on this rate change...they can't go any further now till the rate changes.
5-16-2020 Newshound Guru Jeff what Kuwait and China syndrome means is that shortly before both Kuwait and China came out changing their rates...they publicly released information saying they have no intentions of changing our rate. A few days later they actually changed the rate...Yesterday they [Iraq] put out an article saying yeah we're actually going to reduce our exchange rate and print and release new currency while reducing the exchange rate. That has BS written all over it...they're trying to mislead you...last year they said they want to release coins and increase our exchange rate. They are doing what they can to confuse and mislead you...
5-16-2020 Intel Guru Mike Cottrell people ask me when is the RV going to happen …I do not know ...There is no way this reset is not going to happen…watch the G-20…when the G-20 make a decree that China and the communist party owes us for all the death and trauma caused in the world and to all countries. I think that is when we will see the rollover/reset happen. If not before...
5-16-2020 Newshound/Intel Guru Mnt Goat ...I am hearing some wonderful news now from parliamentary finance committee almost demanding the project to delete the zeros and the full implementation of Article 8 under the IMF monetary policy for member nations. Again they are questioning what is taking the CBI so long to get this done and they want it now...So here is my new reinstatement window: When we begin to see more and more of the protestor demands being met by the new prime minister Al-Kazemi. Also the CBI will be giving a statement shortly on the update of the project to delete the zeros. I am told by my CBI contact they are about to do this soon. So let’s wait and see what the official CBI statement is. We already know the Finance committee is demanding the completion of the project and the end of the currency auctions. They want is done NOW!
5-16-2020 Newshound Guru MilitiaMan Article: "The Central Bank of Iraq signs a banking arrangement document with the World Bank" Quote: "It is noteworthy that this program was developed by the World Bank in 2000, with the aim of building capacities and providing consulting and asset management services. Trillion dollars in sovereign assets." With this agreement will come the secondary markets imo.. Get ready world, IRAQ is about to show her wealth to the world... One that will be noticed be sure!! She'll be adding to that Trillion...To say the least.. imo.
5-16-2020 Newshound Guru Pimpy ...we know they need more purchasing power. That's the direction I feel they're going in but we will soon find out. All right you guys don't feel negative....IMO a decrease in a rate is what we want. And what I mean by a decrease - I don't want to see that number [1190 dinar rate] increase... what I mean is I want to see 1190 decease - go down. The lower that goes the closer it gets...
5-16-2020 Newshound Guru Jeff ...they just have an explosion of economic articles. They really didn't talk about the economy this year at all until recently. Until after last week. That would tell you guys that there was a delay and it was the formation of the government. They had to get the government done and formed...they have resumed back to where they were from last year. Having an explosion of economic articles that pretty much tells us they're done and ready to go. They're ready to move forward on this rate change...they can't go any further now till the rate changes.
5-15-2020 Intel Guru Bruce [via WiserNow] So...we have countries...that have rates on the screen as I talked to you last time on Tuesday...placeholder rates that will start going up in value starting Sunday for sure...Now – I have a time and a day that I’ve been given that I expect to receive the toll free numbers – it’s early next week - this is coming from the highest authority within one of major Tier 1 banks - and it was confirmed by another one... We are finally I believe at the point – where we are not turning back - We really are going to move forward - this is the time that we should see something happening...I feel as though everything is finally coming around together... Let’s see where this goes between now and early next week... [NOTE: Some guru say 800#s are real and safe, other gurus say they're silly and don't exist, other gurus say to avoid 800#s like the plague since they compromise your security...we have over 100K members who will have real-world experiences during the exchange and will share the good, the bad and the ugly with members - be sure you're registered. It's free - enter in the blue box above.]
5-15-2020 Newshound Guru Kaperoni Today...an article...was very clear that the plan is to float the Iraqi dinar when conditions are appropriate. The article goes on to say that now is not the time. Why is it not the time to float the dinar?? It is stated that floatation needs stable conditions as well as diversification of the economy and dependence on resources other than oil. For the last few months various economists have weighed in on floating and most, if not all, have said under the current economic conditions the dinar would devalue...Iraq needs to create the conditions for the country to prosper. When they do so the dinar can float and appreciate in value. Those conditions include but are not limited to...new government, parliament passing laws, stability and the currency within 2% per IMF guidelines. Accepting IMF Article VIII and as said before this will send a message to investors that Iraq is open for business.
5-15-2020 Intel Guru MarkZ [via PDK] There is still tremendous expectation for June 1...ITS VERY QUIET OUT THERE, GAG ORDERS IS WHAT I'VE HEARD...and no rate change yet in iraq. I am hearing from Iraq that they are expecting it this weekend.
5-15-2020 Newshound Guru Pimpy ...they're...talking about messing with the exchange rate. This is interesting. One group of you are perceiving this as this is good because if the rate is 1190 and they lower it that's actually an increase on our side. The other part of you guys are going wait a minute. No. That's not what it means. If they decrease the rate then that means what? That it takes more Iraqi dinars per dollar...I can see what you mean. I could see it could go both ways. This is a good question. It's kind of hard to figure out what they're saying here...we've also heard there's a possible wave of negative news that's gonna come out about the dinar to discourage people...I don't know if I believe all that. My point is this. I'm gonna hold on to my dinar and see what happens. I don't trust a lot of the crap that's floating around...I want to see for myself what they do... [Post 2 of 2]
5-15-2020 Newshound Guru Pimpy ...we're got more chitter-chatter talking about the Iraqi dinar rate. Man this has been an ongoing conversation ... Article: "Parliamentary source: Al-Kazemi's government will print the currency to pay employee salaries". Wow what does that mean Pimpy? ...here's my question, They have issued already 55 trillion dinars. Less than 5% of it is in country. Less than 9% of the people have banking accounts. Where the hell is all that money? Why do they need to print more money? Why aren't they using the money that they've already printed? Makes you wonder doesn't it. Hmmm. I still think that the Iraqi dinar is gonna be used somehow as a poor man's reserve dollar. It just makes sense because I can't understand why they need to print more. [Post 1 of 2....stay tuned]
5-15-2020 Newshound Guru Jeff ...If Iraq plans to change or increase their exchange rate during the month of May there is only one date that qualifies to be able to change the rate on. And that date is May 24th. The reason why is they need a holiday or weekend period where all markets are closed around the world over a weekend and it has to be an in-country holiday...
5-15-2020 Intel Guru RayRen98 Al-Kazemi and 6 other ministers are filling in the remaining cabinet jobs until the completion vote after EID. This basically makes it a full cabinet. On Iraqi TV, parliamentary spokesmen are saying that the 2020 budget will be approved right after EID holiday and they deny that the budget will be from month-to-month.
5-15-2020 Intel Guru Footforward ...Iraq is broke. They need to do something soon. Like now. They can either print money, raise the value of their currency. Or borrow money. Printing money is not practical and does more harm then good. And no one will lend them money long term. So they need to add value to the currency...But the time is now. They need something to happen now. This is all in my opinion. As long as it isn't a Friday, any day going forward works...
5-15-2020 Newshound/Intel Guru Mnt Goat Article: "WASIT DEMONSTRATORS ISSUED A STATEMENT WARNING AGAINST DELAYING THEIR PREVIOUS DEMANDS" Keep in mind that last year we read articles telling us that one of the demands of the protestors was to “stop the currency auctions”. The only way they can do this is to go international and reinstate their currency. They will also need to finish the project to delete the zeros.
5-15-2020 Newshound Guru Kaperoni Today...an article...was very clear that the plan is to float the Iraqi dinar when conditions are appropriate. The article goes on to say that now is not the time. Why is it not the time to float the dinar?? It is stated that floatation needs stable conditions as well as diversification of the economy and dependence on resources other than oil. For the last few months various economists have weighed in on floating and most, if not all, have said under the current economic conditions the dinar would devalue...Iraq needs to create the conditions for the country to prosper. When they do so the dinar can float and appreciate in value. Those conditions include but are not limited to...new government, parliament passing laws, stability and the currency within 2% per IMF guidelines. Accepting IMF Article VIII and as said before this will send a message to investors that Iraq is open for business.
5-15-2020 Intel Guru MarkZ [via PDK] There is still tremendous expectation for June 1...ITS VERY QUIET OUT THERE, GAG ORDERS IS WHAT I'VE HEARD...and no rate change yet in iraq. I am hearing from Iraq that they are expecting it this weekend.
5-15-2020 Newshound Guru Pimpy ...they're...talking about messing with the exchange rate. This is interesting. One group of you are perceiving this as this is good because if the rate is 1190 and they lower it that's actually an increase on our side. The other part of you guys are going wait a minute. No. That's not what it means. If they decrease the rate then that means what? That it takes more Iraqi dinars per dollar...I can see what you mean. I could see it could go both ways. This is a good question. It's kind of hard to figure out what they're saying here...we've also heard there's a possible wave of negative news that's gonna come out about the dinar to discourage people...I don't know if I believe all that. My point is this. I'm gonna hold on to my dinar and see what happens. I don't trust a lot of the crap that's floating around...I want to see for myself what they do... [Post 2 of 2]
5-15-2020 Newshound Guru Pimpy ...we're got more chitter-chatter talking about the Iraqi dinar rate. Man this has been an ongoing conversation ... Article: "Parliamentary source: Al-Kazemi's government will print the currency to pay employee salaries". Wow what does that mean Pimpy? ...here's my question, They have issued already 55 trillion dinars. Less than 5% of it is in country. Less than 9% of the people have banking accounts. Where the hell is all that money? Why do they need to print more money? Why aren't they using the money that they've already printed? Makes you wonder doesn't it. Hmmm. I still think that the Iraqi dinar is gonna be used somehow as a poor man's reserve dollar. It just makes sense because I can't understand why they need to print more. [Post 1 of 2....stay tuned]
5-15-2020 Newshound Guru Jeff ...If Iraq plans to change or increase their exchange rate during the month of May there is only one date that qualifies to be able to change the rate on. And that date is May 24th. The reason why is they need a holiday or weekend period where all markets are closed around the world over a weekend and it has to be an in-country holiday...
5-15-2020 Intel Guru RayRen98 Al-Kazemi and 6 other ministers are filling in the remaining cabinet jobs until the completion vote after EID. This basically makes it a full cabinet. On Iraqi TV, parliamentary spokesmen are saying that the 2020 budget will be approved right after EID holiday and they deny that the budget will be from month-to-month.
5-15-2020 Intel Guru Footforward ...Iraq is broke. They need to do something soon. Like now. They can either print money, raise the value of their currency. Or borrow money. Printing money is not practical and does more harm then good. And no one will lend them money long term. So they need to add value to the currency...But the time is now. They need something to happen now. This is all in my opinion. As long as it isn't a Friday, any day going forward works...
5-15-2020 Newshound/Intel Guru Mnt Goat Article: "WASIT DEMONSTRATORS ISSUED A STATEMENT WARNING AGAINST DELAYING THEIR PREVIOUS DEMANDS" Keep in mind that last year we read articles telling us that one of the demands of the protestors was to “stop the currency auctions”. The only way they can do this is to go international and reinstate their currency. They will also need to finish the project to delete the zeros.
5-14-2020 Intel Guru MarkZ [via PDK] [Have you heard any more on the rate of the dong?] I am still hearing it will come out at a street rate of .45 - .47 cents and allowed to float…and our contract rate will be right at $2.00 here in the US for our exchange.
5-14-2020 Newshound Guru Jeff Letter "ISX will be closed May 21, 2020 due to the National Holiday for Eid Al Fitter, The next session will be held on Sunday May 31, 2020." This is an official letter from the ISX...so a 9 day period the ISX will be closed. We're also looking to see if/and/or how long the currency auctions will be shut down for. We haven't seen that yet...
5-14-2020 Newshound Guru MilitiaMan Article: "The Cabinet decides to reduce and rationalize the administrative structures of the country" Quote: "Take decisions regarding financial reform by rationalizing expenditures, maximizing resources, and reforming financial institutions, including restructuring them." ...the money players are all informed or will be very shortly.. Very good oh ya!! imo..."They will take decisions on FINANCIAL REFORMS"...Perfect and they have told us they were accelerating reforms...Timing is so perfect. The new PM hit the ground running and the launch season is in full swing. Very good days ahead! imo.
5-14-2020 Intel Guru Footforward Article: "Parliamentary Finance: We will approve the budget within two weeks if it arrives from the government" I know everyone will be excited for this but I honestly don't think this is what we are waiting on. They do not need a budget to have an RV. It's still a good step! But this isn't holding it back. I know people don't want to hear that because we want to see the finish line. Its my opinion we are close. Very.
5-14-2020 Intel Guru MarkZ [via PDK] ...I believe the banking system may be being fed a lot of hopium right now. But they still insist it is imminent. I still think we are close…I believe we will be at the banks by the end of May. As we watch everything implode it’s going to get far worse if they don’t move quickly...
5-14-2020 Newshound Guru Pimpy ...There's a lot of great energy coming out of Iraq. It looks really good. It feels very positive and as you go through the news it continues to not only be positive but move very very quickly. So it's looking good...I know you guys are all waiting for that exciting news just like I am and yesterday's articles it looked like they were at least teasing us a little bit. Tickling us a little bit. We already know that they need to change the Iraqi dinar rate. They need to do this. Its ridiculously undervalued. We know this. We know it's kept there for a reason. It looks like it's gonna happen but when is the question and how much is the other question. I say soon. Very very soon...
5-14-2020 Newshound Guru Adam Montana ...Iraqi Prime Minister Kazemi (RV-KAZAMMY!!!) is on a roll, moving things forward and acting in every way we want! In years past, not much was accomplished during Ramadan. This year, the Year of the 'Rona and much more - that does not appear to be the case! We are currently in the midst of Ramadan, yet Kazemi seems dead set on seating his cabinet before the end of the holiday. And, it actually looks like it's going to happen... I could spend hours tagging and writing and expanding on all of the positive momentum the Iraqi Dinar has right now, and it would just be a start. Fast work by Kazemi is awesome. Iraq having a Prime Minister stay seated and continue to impress us is an outstanding report. This could never have happened overnight, but the way things are going - I dare say "suddenly" is looming closer and closer.
5-14-2020 Intel Guru Bruce [via WiserNow] ...Will it happen by the 15th which is Friday? I hope so - but we again don’t KNOW it - cannot say absolutely – yet – and they don’t want us to know – this is nothing new - I am going to say that we have the information that we have its very positive – I think we are moving forward at a good speed and I would say to stay patient and keep your faith for this to come to fruition
5-14-2020 Intel Guru Delta Article: "The Security Council welcomes the formation of the government headed by Al-Kazemi and pledges its support" Quote: "...The members of the Security Council reaffirmed their full support for the efforts led by the United Nations Assistance Mission for Iraq...to support and assist the Government of Iraq and the Iraqi people through comprehensive political dialogue, reconciliation at the national and societal levels, and reform Economic..." In a precedent that had not happened before the UN Security Council issued a statement supporting Mustafa Al-Kazemi. ALSO the UN Security Council SUPPORTING IRAQ IN ECONOMIC REFORM...IT LOOKS LIKE UN GIVING THE GREEN LIGHT...
5-14-2020 Intel Guru MarkZ [via PDK] [I still think it will happen in May.] I agree with you based on what I am hearing for June 1.
5-14-2020 Newshound Guru Jeff Letter "ISX will be closed May 21, 2020 due to the National Holiday for Eid Al Fitter, The next session will be held on Sunday May 31, 2020." This is an official letter from the ISX...so a 9 day period the ISX will be closed. We're also looking to see if/and/or how long the currency auctions will be shut down for. We haven't seen that yet...
5-14-2020 Newshound Guru MilitiaMan Article: "The Cabinet decides to reduce and rationalize the administrative structures of the country" Quote: "Take decisions regarding financial reform by rationalizing expenditures, maximizing resources, and reforming financial institutions, including restructuring them." ...the money players are all informed or will be very shortly.. Very good oh ya!! imo..."They will take decisions on FINANCIAL REFORMS"...Perfect and they have told us they were accelerating reforms...Timing is so perfect. The new PM hit the ground running and the launch season is in full swing. Very good days ahead! imo.
5-14-2020 Intel Guru Footforward Article: "Parliamentary Finance: We will approve the budget within two weeks if it arrives from the government" I know everyone will be excited for this but I honestly don't think this is what we are waiting on. They do not need a budget to have an RV. It's still a good step! But this isn't holding it back. I know people don't want to hear that because we want to see the finish line. Its my opinion we are close. Very.
5-14-2020 Intel Guru MarkZ [via PDK] ...I believe the banking system may be being fed a lot of hopium right now. But they still insist it is imminent. I still think we are close…I believe we will be at the banks by the end of May. As we watch everything implode it’s going to get far worse if they don’t move quickly...
5-14-2020 Newshound Guru Pimpy ...There's a lot of great energy coming out of Iraq. It looks really good. It feels very positive and as you go through the news it continues to not only be positive but move very very quickly. So it's looking good...I know you guys are all waiting for that exciting news just like I am and yesterday's articles it looked like they were at least teasing us a little bit. Tickling us a little bit. We already know that they need to change the Iraqi dinar rate. They need to do this. Its ridiculously undervalued. We know this. We know it's kept there for a reason. It looks like it's gonna happen but when is the question and how much is the other question. I say soon. Very very soon...
5-14-2020 Newshound Guru Adam Montana ...Iraqi Prime Minister Kazemi (RV-KAZAMMY!!!) is on a roll, moving things forward and acting in every way we want! In years past, not much was accomplished during Ramadan. This year, the Year of the 'Rona and much more - that does not appear to be the case! We are currently in the midst of Ramadan, yet Kazemi seems dead set on seating his cabinet before the end of the holiday. And, it actually looks like it's going to happen... I could spend hours tagging and writing and expanding on all of the positive momentum the Iraqi Dinar has right now, and it would just be a start. Fast work by Kazemi is awesome. Iraq having a Prime Minister stay seated and continue to impress us is an outstanding report. This could never have happened overnight, but the way things are going - I dare say "suddenly" is looming closer and closer.
5-14-2020 Intel Guru Bruce [via WiserNow] ...Will it happen by the 15th which is Friday? I hope so - but we again don’t KNOW it - cannot say absolutely – yet – and they don’t want us to know – this is nothing new - I am going to say that we have the information that we have its very positive – I think we are moving forward at a good speed and I would say to stay patient and keep your faith for this to come to fruition
5-14-2020 Intel Guru Delta Article: "The Security Council welcomes the formation of the government headed by Al-Kazemi and pledges its support" Quote: "...The members of the Security Council reaffirmed their full support for the efforts led by the United Nations Assistance Mission for Iraq...to support and assist the Government of Iraq and the Iraqi people through comprehensive political dialogue, reconciliation at the national and societal levels, and reform Economic..." In a precedent that had not happened before the UN Security Council issued a statement supporting Mustafa Al-Kazemi. ALSO the UN Security Council SUPPORTING IRAQ IN ECONOMIC REFORM...IT LOOKS LIKE UN GIVING THE GREEN LIGHT...
5-14-2020 Intel Guru MarkZ [via PDK] [I still think it will happen in May.] I agree with you based on what I am hearing for June 1.
5-13-2020 Newshound Guru Jeff ...there's a new pattern here that started since they finished the formation of the government. Pence went straight into saying hey now it's time for Iraq to get their reforms launched and implemented ...they put their economics on hold for the formation of the government...now they're going back and talking about it and they're even getting back into the budget...they had to finish the government first and that there indeed was a delay...
5-13-2020 Intel Guru Bruce I think we are going to have some very good things coming out of Iraq – and we understand yesterday that the World Bank and the IMF and our Secretary of State and a few others were in Iraq yesterday...I am sure they were meeting with both the CBI director as well as the Prime Minister and others...I am going to call it crossing the t’s and dotting the I’s - on the new Iraqi dinar currency – what the rates are going to be – and so on...I don’t know if we’re going to go in the next day or so – but it looks like we are...[post 2 of 2]
5-13-2020 Intel Guru Bruce [via WiserNow] The Iraqi Dinar has revalued and we brought that up to you last week – We do have a rate that has come out – that we talked about on the qi card - (pronounced “key” card) – that was nearing $10 over a week ago...we have had a new Prime Minister elected in Iraq...Mustafa Al-Kazemi...and we have a new director of the CBI...she is very pro RV and very much going to be an asset for the CBI...and I understand the new Prime Minister is a very pro – let’s say a President Trump type leader... [post 1 of 2....stay tuned]
5-13-2020 Newshound/Intel Guru Mnt Goat Article: "THEBAN EXCLUDES THE ARRIVAL OF THE 2020 BUDGET TO THE HOUSE OF REPRESENTATIVES AFTER EID AL FITR" Eid Al-Fitr is on 24-25 May 2020 so we probably will not get a budget to parliament anytime sooner than that. Among everything that is going on with shortages of funding I doubt it VERY MUCH that the finance committee will want to finance the Project to Delete the Zeros at this time in 2020. This is based on past experience with the finance committee. Remember too, the revaluing the Iraqi currency is not going to solve all their problems and certainly can cause more problems if not handled correctly.
5-13-2020 Intel Guru Delta Article: "3 options top the measures to confront the economic crisis .. What is the story of private budgets?" Quotes: "There are measures that must be taken to face financial distress other than internal borrowing or prejudice the central bank's reserves, noting that...among these options is a price change...Exchange and stopping imports, in addition to stopping the currency auction and other economic measures."; "...accelerate the transmission of the budget in a way that reduces the deficit by reducing costs or by changing the exchange rate." ...ANOTHER BOMB ARTICLE...IMO...GET READY...PM SAID 48 HOURS…HALF IS GONE...
5-13-2020 Intel Guru MarkZ [via PDK] News today…Im hearing some positive, some negative, some “not surprising”. ...No rate change this morning in Iraq...but the banking world think it’s happening right now... [Frank26 says they are talking openly now about changing the rate in Iraq.] yes they are…I have a contractor on the ground there and he is saying that on the streets they all have a tremendous amount of expectation every Wed. and Sat. when the Gazette comes out to see a new rate. We are oh so close guys…
5-13-2020 Newshound Guru Jeff Article "Parliamentary committee determine options to address financial distress". Quote "...noting among these options is changing the exchange rate...and stopping the currency auctions...he called on the government to accelerate the transition of the budget in a way that reduces the deficit by reducing costs by changing the exchange rate..." So there you go. They said reducing cost by changing the exchange rate. That means increasing purchasing power...they're back to where they were...since they did finish the formation of the government talking about increasing their exchange rate, promoting investment, launching their private sector, implementing and launching the reforms...everything's looking very good. We're patiently waiting...
5-13-2020 Newshound Guru Pimpy We don't know what rate it's gonna be... I still think the sweet spot is between $1.13 and a $1.34. Don't get me wrong I'll take higher than that but it makes sense to me in order for Iraq to rebuild and be competitive a rate of around $1.34 makes way more sense...Let's stay grounded. We're looking good. I think we're in a good position. It looks like it's finally gonna happen...Again first round of drinks on me - Vegas. [post 2 of 2]
5-13-2020 Newshound Guru Pimpy ...What's going on? Iraq to change the dinar rate??? We've been here before and they're talking about it again...a lot of you already know about this chitter-chatter... Article: "Parliamentary Committee determine options to address financial distress". Quote: "...among these options is changing the exchange rate." I know you're doing the pee-pee dance because I was doing it too when I saw this...here we go again. Last March they talked about how they're gonna change the rate and then all KaKa pee-pee broke out and it didn't happen...this has been going on for a little while but it's nice to see them talking about it. We've all been feeling this weird vibe that something's gonna happen this year. We don't want to jinx it so think positive...it's gonna happen. We know it's going to happen. [post 1 of 2....stay tuned]
5-13-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi plans to hold an expanded meeting to discuss the implications of the economic crisis" Quote: "...in the coming days for the purpose of issuing a package of economic reforms, foremost of which is bringing capital..." They sure look like they are on the ROAD MAP to go international. Opening the doors to capital...
5-13-2020 Newshound/Intel Guru Mnt Goat Last week was amazing for nothing but optimistic news about Iraq. As I said before that once the good government is in place and oil prices rise we are going to see Iraq take off.
5-13-2020 Intel Guru Bruce I think we are going to have some very good things coming out of Iraq – and we understand yesterday that the World Bank and the IMF and our Secretary of State and a few others were in Iraq yesterday...I am sure they were meeting with both the CBI director as well as the Prime Minister and others...I am going to call it crossing the t’s and dotting the I’s - on the new Iraqi dinar currency – what the rates are going to be – and so on...I don’t know if we’re going to go in the next day or so – but it looks like we are...[post 2 of 2]
5-13-2020 Intel Guru Bruce [via WiserNow] The Iraqi Dinar has revalued and we brought that up to you last week – We do have a rate that has come out – that we talked about on the qi card - (pronounced “key” card) – that was nearing $10 over a week ago...we have had a new Prime Minister elected in Iraq...Mustafa Al-Kazemi...and we have a new director of the CBI...she is very pro RV and very much going to be an asset for the CBI...and I understand the new Prime Minister is a very pro – let’s say a President Trump type leader... [post 1 of 2....stay tuned]
5-13-2020 Newshound/Intel Guru Mnt Goat Article: "THEBAN EXCLUDES THE ARRIVAL OF THE 2020 BUDGET TO THE HOUSE OF REPRESENTATIVES AFTER EID AL FITR" Eid Al-Fitr is on 24-25 May 2020 so we probably will not get a budget to parliament anytime sooner than that. Among everything that is going on with shortages of funding I doubt it VERY MUCH that the finance committee will want to finance the Project to Delete the Zeros at this time in 2020. This is based on past experience with the finance committee. Remember too, the revaluing the Iraqi currency is not going to solve all their problems and certainly can cause more problems if not handled correctly.
5-13-2020 Intel Guru Delta Article: "3 options top the measures to confront the economic crisis .. What is the story of private budgets?" Quotes: "There are measures that must be taken to face financial distress other than internal borrowing or prejudice the central bank's reserves, noting that...among these options is a price change...Exchange and stopping imports, in addition to stopping the currency auction and other economic measures."; "...accelerate the transmission of the budget in a way that reduces the deficit by reducing costs or by changing the exchange rate." ...ANOTHER BOMB ARTICLE...IMO...GET READY...PM SAID 48 HOURS…HALF IS GONE...
5-13-2020 Intel Guru MarkZ [via PDK] News today…Im hearing some positive, some negative, some “not surprising”. ...No rate change this morning in Iraq...but the banking world think it’s happening right now... [Frank26 says they are talking openly now about changing the rate in Iraq.] yes they are…I have a contractor on the ground there and he is saying that on the streets they all have a tremendous amount of expectation every Wed. and Sat. when the Gazette comes out to see a new rate. We are oh so close guys…
5-13-2020 Newshound Guru Jeff Article "Parliamentary committee determine options to address financial distress". Quote "...noting among these options is changing the exchange rate...and stopping the currency auctions...he called on the government to accelerate the transition of the budget in a way that reduces the deficit by reducing costs by changing the exchange rate..." So there you go. They said reducing cost by changing the exchange rate. That means increasing purchasing power...they're back to where they were...since they did finish the formation of the government talking about increasing their exchange rate, promoting investment, launching their private sector, implementing and launching the reforms...everything's looking very good. We're patiently waiting...
5-13-2020 Newshound Guru Pimpy We don't know what rate it's gonna be... I still think the sweet spot is between $1.13 and a $1.34. Don't get me wrong I'll take higher than that but it makes sense to me in order for Iraq to rebuild and be competitive a rate of around $1.34 makes way more sense...Let's stay grounded. We're looking good. I think we're in a good position. It looks like it's finally gonna happen...Again first round of drinks on me - Vegas. [post 2 of 2]
5-13-2020 Newshound Guru Pimpy ...What's going on? Iraq to change the dinar rate??? We've been here before and they're talking about it again...a lot of you already know about this chitter-chatter... Article: "Parliamentary Committee determine options to address financial distress". Quote: "...among these options is changing the exchange rate." I know you're doing the pee-pee dance because I was doing it too when I saw this...here we go again. Last March they talked about how they're gonna change the rate and then all KaKa pee-pee broke out and it didn't happen...this has been going on for a little while but it's nice to see them talking about it. We've all been feeling this weird vibe that something's gonna happen this year. We don't want to jinx it so think positive...it's gonna happen. We know it's going to happen. [post 1 of 2....stay tuned]
5-13-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi plans to hold an expanded meeting to discuss the implications of the economic crisis" Quote: "...in the coming days for the purpose of issuing a package of economic reforms, foremost of which is bringing capital..." They sure look like they are on the ROAD MAP to go international. Opening the doors to capital...
5-13-2020 Newshound/Intel Guru Mnt Goat Last week was amazing for nothing but optimistic news about Iraq. As I said before that once the good government is in place and oil prices rise we are going to see Iraq take off.
5-12-2020 Intel Guru MarkZ [via PDK] [Are 800 numbers real?] According to my banking guys…these guys work in banking and helped set up redemption centers…they say yes …800 numbers are absolutely real. [NOTE: Some gurus say yes some gurus say no on 800#s. Some gurus say avoid 800# for security reasons - The Dinar Guru community is over 100k strong...we'll share the real-world experiences of members - the good the bad and the ugly of 800# so you stay safe and avoid problems...be sure you're signed up for RV Dinar Alerts in the blue box at the top of this page...it's free.]
5-12-2020 Intel Guru RayRen98 On Tuesday, the Parliamentary Finance Committee has set several options to address the financial hardship:
-Exchange rate change
-Stop the imports
-Stop the currency auctions
-Prepare a Special Budget
-Open the door for investment
-Support the private sector
5-12-2020 Newshound Guru MilitiaMan Article: "The economic crisis" at the table of Al-Kazemi and the World Bank" The World Bank and the IMF have been very vocal lately about immediate solutions and if there was a time to allow currencies into the SDR, the time is now as they put it. The last is based off their words last week real close. Iraq was the stage of some very important meetings and I suspect the members were asked if they were ready to facilitate Iraq into a social market economy. By the sounds of the way the USA and Iraq are mirroring each other financially and politically, shows we are in sync and the time has come to take Iraq in into the international world! Very powerful times we are in and witnessing! Here the...new PM again is hitting the ground running with the World Bank again... Wow...
5-12-2020 Intel Guru MarkZ [via PDK] No change is rates from Iraq yet…there is chatter to watch the publication of “The Gazette” tomorrow… [Can we exchange without Iraq reinstating their currency?] it will go at the same time…we won’t be exchanging until they revalue…and they will revalue at the same time the reset happens…[Do you still think we will be done and out the door by the end of May?] Yes I think we will be done and out the door by the end of May.
5-12-2020 Newshound/Intel Guru Walkingstick [via Frank26] Are the auctions back? The answer is yes. Why are the auctions back? They had to. But just as fast as you saw the auctions return expect and prepare yourself for the auctions once again to disappear and be turned off again. The reason for it is because they need to put in the REER. Turning off the auctions caused them to learn a good lesson. You see they didn't have cash. They were short on the USD side...even with all of that and putting down the auctions the CBI was still able to maintain the exchange rate of the Iraqi dinar...
5-12-2020 Newshound Guru Pimpy Article: "Trump to Al-Kazemi: Iraq is a strong and important country ready to support its economy". Wow...what are some of the ways Trump can help Al-Kazemi support its economy over there in Iraq? Yep, you guys are thinking the same thing I am. Change the rate...I'm telling you I've been doing the pee-pee dance a little bit on this. It's a lot of activity. A lot of talk about the economy. I think if Trump really wants to keep Iraq in his good graces as well as the American people he'll just go ahead and change the rate. This will kill three birds with one stone. 1. It will kick-start the economy over here in the United States. 2. It would kick start the economy around the world because so many people hold on to the Iraqi dinar. 3. It would help out the Iraqi people greatly...I like the fact there's a lot of activity going on between Trump, Mike Pompeo, the UN as well as Iraq. This is big...
5-12-2020 Dinar Guru Update The Central Bank of Iraq's website is down again this morning. "Service Unavailable: The server is temporarily unable to service your request due to maintenance downtime or capacity problems. Please try again later." The CBI website has been up and down for maintenance every couple of days lately...this is not a normal pattern. Stay tuned as the gurus chime in on what they suspect is happening behind the scenes...
5-12-2020 Intel Guru Footforward there will always be corruption of some kind. There will always be some reason to say a certain time isn't ideal [for the RV]. Now is as good of a time as any.
5-12-2020 Intel Guru RayRen98 On Tuesday, the Parliamentary Finance Committee has set several options to address the financial hardship:
-Exchange rate change
-Stop the imports
-Stop the currency auctions
-Prepare a Special Budget
-Open the door for investment
-Support the private sector
5-12-2020 Newshound Guru MilitiaMan Article: "The economic crisis" at the table of Al-Kazemi and the World Bank" The World Bank and the IMF have been very vocal lately about immediate solutions and if there was a time to allow currencies into the SDR, the time is now as they put it. The last is based off their words last week real close. Iraq was the stage of some very important meetings and I suspect the members were asked if they were ready to facilitate Iraq into a social market economy. By the sounds of the way the USA and Iraq are mirroring each other financially and politically, shows we are in sync and the time has come to take Iraq in into the international world! Very powerful times we are in and witnessing! Here the...new PM again is hitting the ground running with the World Bank again... Wow...
5-12-2020 Intel Guru MarkZ [via PDK] No change is rates from Iraq yet…there is chatter to watch the publication of “The Gazette” tomorrow… [Can we exchange without Iraq reinstating their currency?] it will go at the same time…we won’t be exchanging until they revalue…and they will revalue at the same time the reset happens…[Do you still think we will be done and out the door by the end of May?] Yes I think we will be done and out the door by the end of May.
5-12-2020 Newshound/Intel Guru Walkingstick [via Frank26] Are the auctions back? The answer is yes. Why are the auctions back? They had to. But just as fast as you saw the auctions return expect and prepare yourself for the auctions once again to disappear and be turned off again. The reason for it is because they need to put in the REER. Turning off the auctions caused them to learn a good lesson. You see they didn't have cash. They were short on the USD side...even with all of that and putting down the auctions the CBI was still able to maintain the exchange rate of the Iraqi dinar...
5-12-2020 Newshound Guru Pimpy Article: "Trump to Al-Kazemi: Iraq is a strong and important country ready to support its economy". Wow...what are some of the ways Trump can help Al-Kazemi support its economy over there in Iraq? Yep, you guys are thinking the same thing I am. Change the rate...I'm telling you I've been doing the pee-pee dance a little bit on this. It's a lot of activity. A lot of talk about the economy. I think if Trump really wants to keep Iraq in his good graces as well as the American people he'll just go ahead and change the rate. This will kill three birds with one stone. 1. It will kick-start the economy over here in the United States. 2. It would kick start the economy around the world because so many people hold on to the Iraqi dinar. 3. It would help out the Iraqi people greatly...I like the fact there's a lot of activity going on between Trump, Mike Pompeo, the UN as well as Iraq. This is big...
5-12-2020 Dinar Guru Update The Central Bank of Iraq's website is down again this morning. "Service Unavailable: The server is temporarily unable to service your request due to maintenance downtime or capacity problems. Please try again later." The CBI website has been up and down for maintenance every couple of days lately...this is not a normal pattern. Stay tuned as the gurus chime in on what they suspect is happening behind the scenes...
5-12-2020 Intel Guru Footforward there will always be corruption of some kind. There will always be some reason to say a certain time isn't ideal [for the RV]. Now is as good of a time as any.
5-11-2020 Intel Guru Delta News about the nomination (Magda Tamimi) for the post of Governor of the Central Bank of Iraq...THIS LADY IS AMAZING IF SHE GET IT...SHE IS PRO RI FROM LONG TIME AGO...[Does this have to go for a vote...?] NO...PM CAN TAKE ALAQ AND PUT HER IF HE WANTS OVER NIGHT...LIKE MALIKI DID WITH SHABIBI ...BUT WE WILL SEE WHAT HAPPEN...
5-11-2020 Newshound Guru Pimpy Article: "Parliamentary Finance: The budget will be semi-annual and will be allocated to 3" Quote "the Parliament Finance Committee announced Sunday that the draft budget law will be semi-annual." Hmmm very very interesting. If it's semi-annual that's once every six months and what do we know that's coming up here in June? We know that the United Nations, the IMF, the United States are coming in to meet with the new government. I wonder what they're gonna talk about? Well we know what they are going to talk about - The security. The protesters. As well as the economy of Iraq. Hopefully they'll have some good news going into the second half of this semi-annual report...
5-11-2020 Intel Guru Footforward Things will start moving quickly on or after May 15th I believe...
5-11-2020 Intel Guru MarkZ [via PDK] I’m expecting a very busy week this week… [Lots of folks looking for today for the RV….] I’m not looking for today…but looking for news on timing later today...No change in value from Iraq... [Do you believe the RV will happen in the month of May?] Everybody is looking for it to happen in May...I think there is a great chance it will happen in May…unless political stuff drags it out further…but, all my banking sources, military sources, and Iraqi sources all say it’s in the Month of May…I hope they are right.
5-11-2020 Newshound Guru Pimpy ...all kinds of fun things are happening. One thing I can say about al-Kazemi...this guy is not playing around...he's already snapping his government together and he's still pushing for the remainder of the cabinet positions to be filled...I have a hunch these will be filled all within the next two weeks...I see a couple of deep articles that went on to say this guy is making a major push and he's pushing out all the Iranian puppets...
5-11-2020 Newshound Guru Pimpy Article: "Parliamentary Finance: The budget will be semi-annual and will be allocated to 3" Quote "the Parliament Finance Committee announced Sunday that the draft budget law will be semi-annual." Hmmm very very interesting. If it's semi-annual that's once every six months and what do we know that's coming up here in June? We know that the United Nations, the IMF, the United States are coming in to meet with the new government. I wonder what they're gonna talk about? Well we know what they are going to talk about - The security. The protesters. As well as the economy of Iraq. Hopefully they'll have some good news going into the second half of this semi-annual report...
5-11-2020 Intel Guru Footforward Things will start moving quickly on or after May 15th I believe...
5-11-2020 Intel Guru MarkZ [via PDK] I’m expecting a very busy week this week… [Lots of folks looking for today for the RV….] I’m not looking for today…but looking for news on timing later today...No change in value from Iraq... [Do you believe the RV will happen in the month of May?] Everybody is looking for it to happen in May...I think there is a great chance it will happen in May…unless political stuff drags it out further…but, all my banking sources, military sources, and Iraqi sources all say it’s in the Month of May…I hope they are right.
5-11-2020 Newshound Guru Pimpy ...all kinds of fun things are happening. One thing I can say about al-Kazemi...this guy is not playing around...he's already snapping his government together and he's still pushing for the remainder of the cabinet positions to be filled...I have a hunch these will be filled all within the next two weeks...I see a couple of deep articles that went on to say this guy is making a major push and he's pushing out all the Iranian puppets...
5-10-2020 Newshound/Intel Guru BGG [Reference Guru Mnt. Goat post dated 5-7-2020] A couple of key points… 1) None of this is how the secondary currency markets work (here in the U.S.)… 2) There are NO SUCH THING as actual “Dinar exchange centers” – NO SUCH THING. ...
5-10-2020 Intel Guru Footforward [Do you think it might RV this month or next?] in my opinion from now until the end of June presents an a window where things could go.
5-10-2020 Newshound Guru MilitiaMan [...EO 13303 expires on May 20th. If EO 13303 is not renewed... how does that effect our investment?] I read they signed it on a May 22nd, but, close enough...If it is not renewed Iraq would lose protection from creditors and that could be a bad thing. As for them allowing this to get that far to lose protection for us? I don't think for a minute there will be any worry about that, as the UST has a vested interest as we do. Today, I see Al-Kazemi has passed a law that allows for internal and external borrowing.. That suggests he has a way to pay off debts and that is where it gets good for us... I still think that is related to the huge article from the IMF and World Bank talking about other currencies getting into the SDR basket, as the time would be now per the article. imo...So, they'll need to have finances all sorted before they have the need to extend 13303 again. imo So, I am not worried about it being an issue.
5-10-2020 Intel Guru Footforward [Do you think it might RV this month or next?] in my opinion from now until the end of June presents an a window where things could go.
5-10-2020 Newshound Guru MilitiaMan [...EO 13303 expires on May 20th. If EO 13303 is not renewed... how does that effect our investment?] I read they signed it on a May 22nd, but, close enough...If it is not renewed Iraq would lose protection from creditors and that could be a bad thing. As for them allowing this to get that far to lose protection for us? I don't think for a minute there will be any worry about that, as the UST has a vested interest as we do. Today, I see Al-Kazemi has passed a law that allows for internal and external borrowing.. That suggests he has a way to pay off debts and that is where it gets good for us... I still think that is related to the huge article from the IMF and World Bank talking about other currencies getting into the SDR basket, as the time would be now per the article. imo...So, they'll need to have finances all sorted before they have the need to extend 13303 again. imo So, I am not worried about it being an issue.
5-9-2020 Newshound Guru MilitiaMan Article quote: "...the Prime Minister and the First Deputy Speaker of Parliament are quick to remedy the problem and it will be solved very soon and will not be prolonged until tomorrow, Sunday..." ...we can see the pressure mounting and if they are going to go digital and have the platform to do so ready behind the scenes we may be in for a very big surprise. The salaries need to get paid and the demonstrations suggest the heat is on and the heat is going to increase too! They suggest they payments will not be prolonged past or to tomorrow. If that is an indicator or not is sure looks like one!!
5-9-2020 Intel Guru Footforward We will need to watch around may 15th too...I'm not hinting at anything. It's a date that keeps coming up.
5-9-2020 Newshound Guru MilitiaMan The new PM has a very serious and a professional back ground and some serious issues to tackle...The country has no liquidity and will need to implement the reforms to alleviate the lack of liquidity issue. imo...we know this last weekend there were meetings at the highest levels to provide immediate solutions. I believe that the PM was privy to those meetings and understands the totality of where they are in regard to the crisis. The tools and or solutions would have been discussed and options were probably on the table. The best ones were i'll bet the ones we are looking forward too. That is the citizens get jobs, they get purchase power and we do as well...All things point to the Reforms getting in place now and very quickly from here on out...The pressure is now far to intense to not....
5-9-2020 Newshound/Intel Guru Mnt Goat Article: "THE IRAQI PARLIAMENT APPROVES THE AL-KAZEMI GOVERNMENT .. AND THIS FORMATION" ...now lets see what AL-Kazemi is really going to do now that he made so many promises. Will he work with the CBI in the project to delete the zeros? Will the citizens now get the reforms promised?
5-9-2020 Newshound Guru Kaperoni ...Again economic and monetary policy are not random and require hard work. Iraq needs to create the conditions do invite investment and develop a market economy. There are no shortcuts.
5-9-2020 Newshound Guru Pimpy There are a lot of people out there that hold Iraqi dinar. There is a lot of us anticipating that the reinstatement rate or the revaluation rate is somewhere [between] $1 to $3.50...that is going to create a lot of millionaires...people are going to go out there and spend their money. You're going to see a bump in the economy enough to where it would win him reelection for sure. That's just my opinion. That seems to be the consensus between everybody that I'm talking to. Even people that don't even like Trump are like If Trump changes the rate I would vote for him... [post 2 of 2]
5-9-2020 Newshound Guru Pimpy ...there's this weird type of energy, this weird type of upbeat feeling for some reason. Everybody's feeling really good...we were this close last year but why does it seem different? Because it does feel a little different...there's like this weird optimism happening. I can share with you why I feel optimistic about this. 1 - the Prime Minister is in there. 2 - His cabinet is not far from being done. 3 - If Donald Trump has control of the IQD reevaluation it would make sense to me if I were him if I was gonna pull the trigger I would do this between now and election day which is only a few months away. And the reason for that is we need to have some kind of economical rebound. Some kind of economical boom. [post 1 of 2....stay tuned]
5-9-2020 Intel Guru Footforward [... my question is this...Has your source given you a date or a window of when it will happen] they expected it to be done by the end of march. There is an urgency with all that's going on. They would expect it by the end of June now. This really "should have" happened already...
5-9-2020 Intel Guru Footforward We will need to watch around may 15th too...I'm not hinting at anything. It's a date that keeps coming up.
5-9-2020 Newshound Guru MilitiaMan The new PM has a very serious and a professional back ground and some serious issues to tackle...The country has no liquidity and will need to implement the reforms to alleviate the lack of liquidity issue. imo...we know this last weekend there were meetings at the highest levels to provide immediate solutions. I believe that the PM was privy to those meetings and understands the totality of where they are in regard to the crisis. The tools and or solutions would have been discussed and options were probably on the table. The best ones were i'll bet the ones we are looking forward too. That is the citizens get jobs, they get purchase power and we do as well...All things point to the Reforms getting in place now and very quickly from here on out...The pressure is now far to intense to not....
5-9-2020 Newshound/Intel Guru Mnt Goat Article: "THE IRAQI PARLIAMENT APPROVES THE AL-KAZEMI GOVERNMENT .. AND THIS FORMATION" ...now lets see what AL-Kazemi is really going to do now that he made so many promises. Will he work with the CBI in the project to delete the zeros? Will the citizens now get the reforms promised?
5-9-2020 Newshound Guru Kaperoni ...Again economic and monetary policy are not random and require hard work. Iraq needs to create the conditions do invite investment and develop a market economy. There are no shortcuts.
5-9-2020 Newshound Guru Pimpy There are a lot of people out there that hold Iraqi dinar. There is a lot of us anticipating that the reinstatement rate or the revaluation rate is somewhere [between] $1 to $3.50...that is going to create a lot of millionaires...people are going to go out there and spend their money. You're going to see a bump in the economy enough to where it would win him reelection for sure. That's just my opinion. That seems to be the consensus between everybody that I'm talking to. Even people that don't even like Trump are like If Trump changes the rate I would vote for him... [post 2 of 2]
5-9-2020 Newshound Guru Pimpy ...there's this weird type of energy, this weird type of upbeat feeling for some reason. Everybody's feeling really good...we were this close last year but why does it seem different? Because it does feel a little different...there's like this weird optimism happening. I can share with you why I feel optimistic about this. 1 - the Prime Minister is in there. 2 - His cabinet is not far from being done. 3 - If Donald Trump has control of the IQD reevaluation it would make sense to me if I were him if I was gonna pull the trigger I would do this between now and election day which is only a few months away. And the reason for that is we need to have some kind of economical rebound. Some kind of economical boom. [post 1 of 2....stay tuned]
5-9-2020 Intel Guru Footforward [... my question is this...Has your source given you a date or a window of when it will happen] they expected it to be done by the end of march. There is an urgency with all that's going on. They would expect it by the end of June now. This really "should have" happened already...
5-8-2020 Intel Guru Bruce [via WiserNow] we are still really close – however...there had been some shenanigans to try to make this a taxable event...I have told you for ...many years – this is NOT a taxable event to us...that got removed last night - in other words – they handled it...it’s NOT there – there is NO tax on this currency exchange...that precipitated a new rewrite of the protocol and procedures of the currency exchange ...at least they are redoing it so that when we go in it will be clean and easy for us to go through – I look at it as a positive...Also in the news we have Iran has revalued in the past 2-3 days and also Iraq and congrats to Iraq for a newly elected PM...Iraq is still being a little bit quiet on the release of their revalued Dinar – It’s only a matter of time that will be known...Everything is on cruise I believe and if they don’t find something else to slow us down I believe we are looking good if we do in fact have a confirmation on the value date of Monday 5 / 11... [Please consult your tax professional at the appropriate time.]
5-8-2020 Intel Guru Footforward I've said my opinion is to plan for around 3 bucks on the dinar and 5-10 cents on the dong. I never said the rates can't be higher. But I will never give out the specific rate on the dinar. For a reason. People talk to me because they know I can keep my mouth shut and I don't care about attention...
5-8-2020 Newshound Guru Jeff ...For the entire month of May there is only one day that qualifies for the rate change to even be able to happen...large rate changes can only occur over a period time when all financial markets are closed around the world...that's why Kuwait did there's on early Sunday morning March 24th of '91...Sunday is Iraq's and Kuwait's first business day of their weeks...Iraq will also have to have an in-country holiday to justify shutting and closing down their in country financial markets such as their ISX and their currency auctions. For the month of May Iraq only has one weekend holiday period. That happens to be Sunday May 24th. If Iraq is going to change the rate in the month of May the only day they could do it on...would be Sunday May 24th...they said they'll have the government done by May 23rd...everything is looking good. Moving in the right direction...
5-8-2020 Intel Guru MarkZ [via PDK] Government contacts are looking for mid May…my financial guys in the rafters are looking for the new currencies to be in place on June 1st. …so things look good. My bankers here are looking at this weekend…I still believe we may be a couple weeks out…just an opinion. But, I really hope the bankers are right.
5-8-2020 Newshound Guru MilitiaMan They know the secondary markets are the place to be in to defend oil price swings, currency, etc.. They know when they get fully Article 8 compliant with a new international rate, the SDR basket will or may at least have serious relevance... The Time is now. They can not get to the level they need to be or where it is even an option to do either of the two possibilities with out a strong international currency, imo. No SDR or Secondary Market is on the table at a program rate. Neither one of them can happen with out them lifting the value of the IQD, imo. They had no, nor have now, any more options to put it off!! They are in a corner and the new PM knows it. [post 2 of 2]
5-8-2020 Newshound Guru MilitiaMan Article quote: "...the Prime Minister in consultation with the Minister of Finance may launch the exchange when liquidity is available" Kinda looks like the Prime Minister and the Finance Minister had a chat about launching the, or an exchange when liquidity is available.. Well what liquidity are they talking about? They have no hard currency ($USD) nor will they apparently be getting any more any time soon, either. They know they will have liquidity once they inject the new currency to a live international level. A program rate is going no where! imo. [post 1 of 2....stay tuned]
5-8-2020 Intel Guru RayRen98 Iraqi citizens are calling for the arrest and trial of former Prime Minister Mahdi now that Al-Kazemi has been voted on and accepted. Al-Kazemi will send the budget bill to the Parliament before Eid al-Fitr, which begins on Saturday, May 23, 2020 and ends on Sunday, May 24, 2020.
5-8-2020 Intel Guru Footforward I've said my opinion is to plan for around 3 bucks on the dinar and 5-10 cents on the dong. I never said the rates can't be higher. But I will never give out the specific rate on the dinar. For a reason. People talk to me because they know I can keep my mouth shut and I don't care about attention...
5-8-2020 Newshound Guru Jeff ...For the entire month of May there is only one day that qualifies for the rate change to even be able to happen...large rate changes can only occur over a period time when all financial markets are closed around the world...that's why Kuwait did there's on early Sunday morning March 24th of '91...Sunday is Iraq's and Kuwait's first business day of their weeks...Iraq will also have to have an in-country holiday to justify shutting and closing down their in country financial markets such as their ISX and their currency auctions. For the month of May Iraq only has one weekend holiday period. That happens to be Sunday May 24th. If Iraq is going to change the rate in the month of May the only day they could do it on...would be Sunday May 24th...they said they'll have the government done by May 23rd...everything is looking good. Moving in the right direction...
5-8-2020 Intel Guru MarkZ [via PDK] Government contacts are looking for mid May…my financial guys in the rafters are looking for the new currencies to be in place on June 1st. …so things look good. My bankers here are looking at this weekend…I still believe we may be a couple weeks out…just an opinion. But, I really hope the bankers are right.
5-8-2020 Newshound Guru MilitiaMan They know the secondary markets are the place to be in to defend oil price swings, currency, etc.. They know when they get fully Article 8 compliant with a new international rate, the SDR basket will or may at least have serious relevance... The Time is now. They can not get to the level they need to be or where it is even an option to do either of the two possibilities with out a strong international currency, imo. No SDR or Secondary Market is on the table at a program rate. Neither one of them can happen with out them lifting the value of the IQD, imo. They had no, nor have now, any more options to put it off!! They are in a corner and the new PM knows it. [post 2 of 2]
5-8-2020 Newshound Guru MilitiaMan Article quote: "...the Prime Minister in consultation with the Minister of Finance may launch the exchange when liquidity is available" Kinda looks like the Prime Minister and the Finance Minister had a chat about launching the, or an exchange when liquidity is available.. Well what liquidity are they talking about? They have no hard currency ($USD) nor will they apparently be getting any more any time soon, either. They know they will have liquidity once they inject the new currency to a live international level. A program rate is going no where! imo. [post 1 of 2....stay tuned]
5-8-2020 Intel Guru RayRen98 Iraqi citizens are calling for the arrest and trial of former Prime Minister Mahdi now that Al-Kazemi has been voted on and accepted. Al-Kazemi will send the budget bill to the Parliament before Eid al-Fitr, which begins on Saturday, May 23, 2020 and ends on Sunday, May 24, 2020.
5-7-2020 *** Dinar Guru Newsflash *** Iraq has a new Prime Minister...(sorta)! PM Al-Kazemi and 15 of his ministers given a vote of confidence. This is fantastic news for the stability of Iraq and the dinar. The very important Minister of Defense and Interior were included in the 15 passed ministers. What was not included was the Minister of Justice and four other ministers. It's unclear if these other ministers are needed for the government to be considered "official". In the past all 20 ministers were needed to move forward. Stay tuned as the gurus chime in on the significance of this accomplishment and what it means for the dinar. The latest guru posts will continue below...
5-7-2020 Newshound/Intel Guru Mnt Goat Don’t worry what the exchange rate of the dinar is in Iraq. ...The CBI will limit the exchange rate in Iraq for reasons I will not get into today. We are ONLY concerned with the rate on FOREX and what we can negotiate with the banks. Most banks will just have a standard rate of exchange, take it or leave it. AS far as any contract rates we know that China did pre-purchase oil credits from the US and so these credits we have an opportunity to share in, if we so desire. The only way you will know for sure is to ASK when you sit down to exchange. If they can’t tell you or say they don’t know, then go to another bank. Yes, there are going to be special s0-called exchange centers, but be careful that you go to an actual exchange center and not some scam as there are going to be many of these scams at this time. [Dinar Guru has over 100K members...we'll share the good bad and the ugly of exchange experiences. Be sure you don't miss a thing by being a member-- it's free -- enter your name and email the blue box above.]
5-7-2020 Intel Guru Footforward [So we "Should" see the budget between now and May 24th, the end of Eid-Al-Fitr.] I'd be surprised if the budget even takes that long. If it does it's because they are bickering over a few minor points. I was told the budget has been done for months with just a few fine points needing to be worked out.
5-7-2020 Newshound Guru Jeff ...this is my opinion - the last remaining seven ministers most likely will not be needed or required for the rate change... Pompeo Tweet "...Great to speak with new Iraqi Prime Minister Mustafa al-Kadhimi. Now comes the urgent, hard work of implementing the reforms demanded by the Iraqi people. I pledged to help him deliver on his bold agenda for the sake of the Iraqi people." ...according to what Pompeo said here that the next move is the reforms which is the demands of the people. That can't happen without a rate change. So based on this comment Iraq's next move is the rate change...the news is going to go dark and quiet for the next few weeks...
5-7-2020 Intel Guru MarkZ These are HUGE…Iraqs new PM said they were done being the world’s battlefield…and Iraq was going to be stable with prosperity. So everyone knows now that Iraq did seat a new Prime Minister and over 50% of his cabinet is already sat and in place. And Iran drops zeros and changes its currency from Rial to Toman… We have always been told to look for some things to be in place…and I understand they will start exchanging in Iran within the next 10 days to the new currency. If this is true it tells us we are right here…We should all be preparing for “post RV” at this time…
5-7-2020 Intel Guru Bruce [via WiserNow] ...We know that Iraq cannot announce their new currency even though they’ve had it revalued for a while and had it on the CBI website but immediately sort of took it down – they can’t really announce that until we say they can – which is strange – I know – but it is just so closely held until we’re ready to start...when we’re ready to start that is as early as the Iraqi Dinar revaluation is going to be seen...It’s been over a week ago now...We’ve seen it kinda go up in value and we’ve seen a rate approaching – but not quite as high as $10.00 – That’s an in country so called rate because it’s there for Iraqi’s and on their QI cards – it’s not necessarily going to be on a bank screen or a CBI website – no it won’t be there yet – so if that rate holds up – is it going to be a front screen rate on our banks – I don’t know – could be...I’m excited and it looks like we are finally coming down to the wire – we had some false starts – we had a big weekend – it’s all good...
5-7-2020 Newshound Guru Pimpy ...Lo and behold sure enough our boy al-Kazemi made it in there and then Mike Pompeo sent a letter..."the United States will move forward with 120 day electricity waiver as a display of our desire to help provide the right conditions for success. The Secretary and Prime Minister also discussed the upcoming US-Iraq strategic dialogue and how they look forward to working together to provide the Iraq people with prosperity...and security that they deserve" ...this is going in a very interesting direction...we know that sometime in June that the United State with the United Nations along with the IMF are gonna meet with the Iraqi government and they're going to talk about some things...Let's hope they're talking about the prosperity part of this...we all know that part of the prosperity and one of the things that can help them is what? The increase in the exchange rate...
5-7-2020 Newshound Guru Kaperoni Many news outlets in Iraq confirming now. It is official, Kazemi is the new prime minister of Iraq along with 15 members of his cabinet. Five to seven more members will be voted on tomorrow. The only thing that has been accomplished as a result of the Parliamentary vote today to confirm the Prime Minister and his cabinet is that it should bring a sense of stability to Iraq. A news article surface today indicating Sadrs political bloc may have influence and control over who is the Central Bank of Iraq governor as a condition for voting for the new prime minister. We will have to see if that in fact is true but that may be significant.
5-7-2020 Intel Guru Footforward [What do y'all think the new PM will have to do with the RV?] ...his biggest contribution is that he's not an Iranian hack...It's helpful...So he's not something that would hold back the RV. ...But it's not something that forces the RV to happen. It's like oil in a a car. Oil doesn't run the car, but the car runs better with oil in the engine.
5-7-2020 Intel Guru Bruce [via WiserNow] ...We know that Iraq cannot announce their new currency even though they’ve had it revalued for a while and had it on the CBI website but immediately sort of took it down – they can’t really announce that until we say they can...but it is just so closely held until we’re ready to start...when we’re ready to start that is as early as the Iraqi Dinar revaluation is going to be seen...It’s been over a week ago now...We’ve seen it kinda go up in value and we’ve seen a rate approaching – but not quite as high as $10.00 – That’s an in country so called rate because it’s there for Iraqi’s and on their QI cards – it’s not necessarily going to be on a bank screen or a CBI website – no it won’t be there yet – so if that rate holds up – is it going to be a front screen rate on our banks – I don’t know – could be...I’m excited and it looks like we are finally coming down to the wire – we had some false starts – we had a big weekend – it’s all good...
5-7-2020 Intel Guru Footforward [So we "Should" see the budget between now and May 24th, the end of Eid-Al-Fitr.] I'd be surprised if the budget even takes that long. If it does it's because they are bickering over a few minor points. I was told the budget has been done for months with just a few fine points needing to be worked out.
5-7-2020 Newshound Guru Jeff ...this is my opinion - the last remaining seven ministers most likely will not be needed or required for the rate change... Pompeo Tweet "...Great to speak with new Iraqi Prime Minister Mustafa al-Kadhimi. Now comes the urgent, hard work of implementing the reforms demanded by the Iraqi people. I pledged to help him deliver on his bold agenda for the sake of the Iraqi people." ...according to what Pompeo said here that the next move is the reforms which is the demands of the people. That can't happen without a rate change. So based on this comment Iraq's next move is the rate change...the news is going to go dark and quiet for the next few weeks...
5-7-2020 Intel Guru MarkZ These are HUGE…Iraqs new PM said they were done being the world’s battlefield…and Iraq was going to be stable with prosperity. So everyone knows now that Iraq did seat a new Prime Minister and over 50% of his cabinet is already sat and in place. And Iran drops zeros and changes its currency from Rial to Toman… We have always been told to look for some things to be in place…and I understand they will start exchanging in Iran within the next 10 days to the new currency. If this is true it tells us we are right here…We should all be preparing for “post RV” at this time…
5-7-2020 Intel Guru Bruce [via WiserNow] ...We know that Iraq cannot announce their new currency even though they’ve had it revalued for a while and had it on the CBI website but immediately sort of took it down – they can’t really announce that until we say they can – which is strange – I know – but it is just so closely held until we’re ready to start...when we’re ready to start that is as early as the Iraqi Dinar revaluation is going to be seen...It’s been over a week ago now...We’ve seen it kinda go up in value and we’ve seen a rate approaching – but not quite as high as $10.00 – That’s an in country so called rate because it’s there for Iraqi’s and on their QI cards – it’s not necessarily going to be on a bank screen or a CBI website – no it won’t be there yet – so if that rate holds up – is it going to be a front screen rate on our banks – I don’t know – could be...I’m excited and it looks like we are finally coming down to the wire – we had some false starts – we had a big weekend – it’s all good...
5-7-2020 Newshound Guru Pimpy ...Lo and behold sure enough our boy al-Kazemi made it in there and then Mike Pompeo sent a letter..."the United States will move forward with 120 day electricity waiver as a display of our desire to help provide the right conditions for success. The Secretary and Prime Minister also discussed the upcoming US-Iraq strategic dialogue and how they look forward to working together to provide the Iraq people with prosperity...and security that they deserve" ...this is going in a very interesting direction...we know that sometime in June that the United State with the United Nations along with the IMF are gonna meet with the Iraqi government and they're going to talk about some things...Let's hope they're talking about the prosperity part of this...we all know that part of the prosperity and one of the things that can help them is what? The increase in the exchange rate...
5-7-2020 Newshound Guru Kaperoni Many news outlets in Iraq confirming now. It is official, Kazemi is the new prime minister of Iraq along with 15 members of his cabinet. Five to seven more members will be voted on tomorrow. The only thing that has been accomplished as a result of the Parliamentary vote today to confirm the Prime Minister and his cabinet is that it should bring a sense of stability to Iraq. A news article surface today indicating Sadrs political bloc may have influence and control over who is the Central Bank of Iraq governor as a condition for voting for the new prime minister. We will have to see if that in fact is true but that may be significant.
5-7-2020 Intel Guru Footforward [What do y'all think the new PM will have to do with the RV?] ...his biggest contribution is that he's not an Iranian hack...It's helpful...So he's not something that would hold back the RV. ...But it's not something that forces the RV to happen. It's like oil in a a car. Oil doesn't run the car, but the car runs better with oil in the engine.
5-7-2020 Intel Guru Bruce [via WiserNow] ...We know that Iraq cannot announce their new currency even though they’ve had it revalued for a while and had it on the CBI website but immediately sort of took it down – they can’t really announce that until we say they can...but it is just so closely held until we’re ready to start...when we’re ready to start that is as early as the Iraqi Dinar revaluation is going to be seen...It’s been over a week ago now...We’ve seen it kinda go up in value and we’ve seen a rate approaching – but not quite as high as $10.00 – That’s an in country so called rate because it’s there for Iraqi’s and on their QI cards – it’s not necessarily going to be on a bank screen or a CBI website – no it won’t be there yet – so if that rate holds up – is it going to be a front screen rate on our banks – I don’t know – could be...I’m excited and it looks like we are finally coming down to the wire – we had some false starts – we had a big weekend – it’s all good...
5-6-2020 Intel Guru Delta Article quote: "On Thursday, the House of Representatives voted to pass the government of Prime Minister Mustafa Al-Kazemi." Al-Kazemi’s government officially won the confidence of Parliament.
5-6-2020 Intel Guru Footforward ...its my opinion it [dong] will go up in value... [Hey well take a VND rate over $1 ALL DAY! Back in the early 70’s it was over $2.] ...I would love that. But i trust my sources and from the info I have, that isn't on the table...Same for the people expecting the dinar to be 16 dollars. That isn't on the table either...
5-6-2020 Newshound Guru Adam Montana DJIA, S&P, GOLD, pretty much everything is up, including OIL...and that is music to our ears! Over in Iraq, we have a "still waters run deep" situation... do you remember all the ruckus that was in the news during the short durations of the previous Prime Ministers? I'm not hearing the same level of noise right now. Al-Kazemi, the current figurehead for the position, seems to just be on cruise control. He's zooming down the political highway and there doesn't seem to be much getting in his way. Of course there is talk of disruption, but what's not being publicized is the actual progress - and there is plenty! ...Things are actually really good! In spite of my current optimism, we are at a critical point - things may turn in our favor quickly, and if they are going to turn right now... it is going to happen quickly, probably in the middle of our night, and without warning. They aren't going to give us too much of a head start, so we wait patiently and vigilantly...
5-6-2020 Intel Guru RayRen98 From news sources....The Speaker of Parliament, Muhammad Al-Halbousi, called on the parliamentarians to attend a session of confidence in the government of designate Mustafa Al-Kazemi. The Presidency of the House of Representatives announced a voting session on the ministerial program and the government cabinet for Wednesday, May 6, 2020, at 9:00 PM Iraqi time (which is 2:00 PM Eastern Time). The United States is assuming a very urgent and significant need to form the government of Mr. Mustafa Al-Kazemi. ...
5-6-2020 Intel Guru MarkZ [So what is the hold-up?] I don’t think there is a hold-up…my government sources still keep telling me not to look for anything before mid-May…they want everything in place by June 1st. I can’t change the timing…I know it’s coming and I take great comfort from the fact that banks are stopping lending...So banks are not kicking the can anymore…i took this as a good sign…I know it is close and it is coming...
5-6-2020 Newshound Guru Pimpy ...Trump's like look you're gonna see one hell of a second half of 2020 but we're going to see the best year ever in 2021. It's like he's anticipated being reelected and to be quite honest so am I. So whether this reinstatement is a part of that and it makes sense to me. And he did say something about a global boom. Why? Free trade. A reinstatement of the rate. An economy kicked because of all the newly created millionaires. Is it possible? Yes. We've been hearing for so long that this is fake. Tell me there's a huge part of you that's not gonna gloat once this happens because people doubted you...
5-6-2020 Newshound Guru Jeff ...they are not going to vote on the formation of the government until 9pm tonight...right now it's about 4:05 pm in the country of Iraq. We have roughly another 5 more hours to go... [You can see the Iraqi Time in the left column of this page.]
5-6-2020 Newshound/Intel Guru Mnt Goat So sooner than later may mean Jan 2021 or by some miracle we might see something this summer even. ...remember there is NEVER going to be an ideal time or perfect time when Iraq is going to be a model country. ...It seems for now that the finance committee and the CBI are on the same page for this to occur. ...For Iraq to go anywhere on the global marketplace it must have a globally recognized currency. I don’t even care what rate they initially come out as...Just get the damned rate back on FOREX and let the free market take it from there. [post 3 of 3]
5-6-2020 Newshound/Intel Guru Mnt Goat 5) Oil is on the rise, clocking in today [Tuesday] at about $30 a barrel and the day is not yet over; 6) China wants desperately to get their stronghold inside Iraq and invest with their billions of Chinese funds and get their guaranteed oil. They want to do this in 2020 not years down the road; 7) Corona virus is at a decline in Iraq, as they shut down the borders with Iran and are keeping them shut, for now. 8) The CBI is already geared up to replace the larger notes with the smaller denominations. This project is huge and is the “project to delete the zeros”...this...will lead us to the reinstatement on FOREX as the global rate. We are NOT going to be allowed to exchange our dinar at the banks unless two things happen: a) the IQD is reinstated back on FOREX and b) Sanctions are lifted on the currency (probably will happen at the same time);... [post 2 of 3....stay tuned]
5-6-2020 Newshound/Intel Guru Mnt Goat ...So the prospects of an RV sooner than later are good. ...I want everyone to know I do not mean that as soon at the government is announced they are going to RV... What do we see now that is different than last week: 1) Iraq should form their government this week, This should bring a sense of stability and security; 2) Iranian influence is at an all time low...This is mandated prior to any reinstatement; 3) Al-Kazimi promises to open up the corruption files meaning they could actually finally go after Nori al-Maliki and his gang of thugs... 4) Iraq has finally managed to cut off funding to Iran via the currency auctions...through sourcing dollars now only via electronic means. This allows transparency and audits of exactly where all the money is going. So they are now abiding by US sanctions on Iran; [post 1 of 3....stay tuned]
5-6-2020 Newshound Guru Kaperoni Iran apparently decided to delete 4 zeros today and introduce the Toman as the new currency. This took parliament approval and is a LOP. Very similar to what has been discussed with Iraq. This is not a RV/RI but a neutral event. We do not want to see Iraq do this...In fact, we have seen several articles in Iraq talk about parliamentary approval. Therefore, we know that is what the CBI is also considering. Parliamentary approval is not needed for traditional monetary policy.
5-6-2020 Intel Guru Footforward ...its my opinion it [dong] will go up in value... [Hey well take a VND rate over $1 ALL DAY! Back in the early 70’s it was over $2.] ...I would love that. But i trust my sources and from the info I have, that isn't on the table...Same for the people expecting the dinar to be 16 dollars. That isn't on the table either...
5-6-2020 Newshound Guru Adam Montana DJIA, S&P, GOLD, pretty much everything is up, including OIL...and that is music to our ears! Over in Iraq, we have a "still waters run deep" situation... do you remember all the ruckus that was in the news during the short durations of the previous Prime Ministers? I'm not hearing the same level of noise right now. Al-Kazemi, the current figurehead for the position, seems to just be on cruise control. He's zooming down the political highway and there doesn't seem to be much getting in his way. Of course there is talk of disruption, but what's not being publicized is the actual progress - and there is plenty! ...Things are actually really good! In spite of my current optimism, we are at a critical point - things may turn in our favor quickly, and if they are going to turn right now... it is going to happen quickly, probably in the middle of our night, and without warning. They aren't going to give us too much of a head start, so we wait patiently and vigilantly...
5-6-2020 Intel Guru RayRen98 From news sources....The Speaker of Parliament, Muhammad Al-Halbousi, called on the parliamentarians to attend a session of confidence in the government of designate Mustafa Al-Kazemi. The Presidency of the House of Representatives announced a voting session on the ministerial program and the government cabinet for Wednesday, May 6, 2020, at 9:00 PM Iraqi time (which is 2:00 PM Eastern Time). The United States is assuming a very urgent and significant need to form the government of Mr. Mustafa Al-Kazemi. ...
5-6-2020 Intel Guru MarkZ [So what is the hold-up?] I don’t think there is a hold-up…my government sources still keep telling me not to look for anything before mid-May…they want everything in place by June 1st. I can’t change the timing…I know it’s coming and I take great comfort from the fact that banks are stopping lending...So banks are not kicking the can anymore…i took this as a good sign…I know it is close and it is coming...
5-6-2020 Newshound Guru Pimpy ...Trump's like look you're gonna see one hell of a second half of 2020 but we're going to see the best year ever in 2021. It's like he's anticipated being reelected and to be quite honest so am I. So whether this reinstatement is a part of that and it makes sense to me. And he did say something about a global boom. Why? Free trade. A reinstatement of the rate. An economy kicked because of all the newly created millionaires. Is it possible? Yes. We've been hearing for so long that this is fake. Tell me there's a huge part of you that's not gonna gloat once this happens because people doubted you...
5-6-2020 Newshound Guru Jeff ...they are not going to vote on the formation of the government until 9pm tonight...right now it's about 4:05 pm in the country of Iraq. We have roughly another 5 more hours to go... [You can see the Iraqi Time in the left column of this page.]
5-6-2020 Newshound/Intel Guru Mnt Goat So sooner than later may mean Jan 2021 or by some miracle we might see something this summer even. ...remember there is NEVER going to be an ideal time or perfect time when Iraq is going to be a model country. ...It seems for now that the finance committee and the CBI are on the same page for this to occur. ...For Iraq to go anywhere on the global marketplace it must have a globally recognized currency. I don’t even care what rate they initially come out as...Just get the damned rate back on FOREX and let the free market take it from there. [post 3 of 3]
5-6-2020 Newshound/Intel Guru Mnt Goat 5) Oil is on the rise, clocking in today [Tuesday] at about $30 a barrel and the day is not yet over; 6) China wants desperately to get their stronghold inside Iraq and invest with their billions of Chinese funds and get their guaranteed oil. They want to do this in 2020 not years down the road; 7) Corona virus is at a decline in Iraq, as they shut down the borders with Iran and are keeping them shut, for now. 8) The CBI is already geared up to replace the larger notes with the smaller denominations. This project is huge and is the “project to delete the zeros”...this...will lead us to the reinstatement on FOREX as the global rate. We are NOT going to be allowed to exchange our dinar at the banks unless two things happen: a) the IQD is reinstated back on FOREX and b) Sanctions are lifted on the currency (probably will happen at the same time);... [post 2 of 3....stay tuned]
5-6-2020 Newshound/Intel Guru Mnt Goat ...So the prospects of an RV sooner than later are good. ...I want everyone to know I do not mean that as soon at the government is announced they are going to RV... What do we see now that is different than last week: 1) Iraq should form their government this week, This should bring a sense of stability and security; 2) Iranian influence is at an all time low...This is mandated prior to any reinstatement; 3) Al-Kazimi promises to open up the corruption files meaning they could actually finally go after Nori al-Maliki and his gang of thugs... 4) Iraq has finally managed to cut off funding to Iran via the currency auctions...through sourcing dollars now only via electronic means. This allows transparency and audits of exactly where all the money is going. So they are now abiding by US sanctions on Iran; [post 1 of 3....stay tuned]
5-6-2020 Newshound Guru Kaperoni Iran apparently decided to delete 4 zeros today and introduce the Toman as the new currency. This took parliament approval and is a LOP. Very similar to what has been discussed with Iraq. This is not a RV/RI but a neutral event. We do not want to see Iraq do this...In fact, we have seen several articles in Iraq talk about parliamentary approval. Therefore, we know that is what the CBI is also considering. Parliamentary approval is not needed for traditional monetary policy.
5-5-2020 Intel Guru Delta ...It looks like the Iraqi Stock Exchange did jump about 1000% for the month of February. Meaning the value of the stocks...and it looks like the IQD, jumped in value for some reason. Question "If that is the case why do we not see that reflect on the ISX when they opened?" Very good question...the Iraqi Stock Exchange does not have to show the true index until they go international...
5-5-2020 Newshound/Intel Guru Mnt Goat ...the news was all over the place as Iraq tried to pin down a date to vote on the new Al-Kazimi government line-up. So right now as it stands they did not yet take a vote in parliament and it will come down to...very close to the deadline day of May 7th. So we hear today they plan to vote on Wednesday. Article quote: "The Presidency of the House of Representatives decided to hold a voting session on the ministerial program and the government cabinet on Wednesday, 6/5/2020 at nine in the evening." Let’s see if they actually do it. Finally…
5-5-2020 Intel Guru MarkZ [via PDK] I know there is lots of chatter/rumors ...that things are all done…all the codes have been entered…the exchanges have started…. From Reno contact last night…they are prepared but have not started yet…. I spoke with a contact at a redemption center and they are in place. There are a few people in centers to keep the lights on while the rest wait for the “go ahead” …They are all prepared so we are close. We just have to wait for the “go”... There is a lot of smoke and lots of rumors and lots of leaks…they may be purposely putting it out there…so until we officially can go…try not to get to worked up just yet...we are close…
5-5-2020 Newshound Guru Jeff ...they've told us they're going to vote on the government tomorrow. They've also told us they would do it Thursday. It may be a one or two day session of parliament. We'll have to see how that unfolds and occurs...
5-5-2020 Newshound Guru Pimpy ...I told you guys this week's gonna be big. Not only are we gonna find out whether or not Al-Kazemi makes it in as P.M. and his cabinet gets voted or whether he fails and the President has the right to dissolve Parliament...this could be an exciting week...between tonight and tomorrow all the parliament members are going to be arriving to vote. The rumor is that he's going to get about 75% of the votes...
5-5-2020 Intel Guru RayRen98 From our citizen contact...USA sends important message to the Parliament of Iraq via USA ambassador to Iraq saying do not fail to form the government of Kazemi. If failure happens, USA will do whatever it needs to protect and take care of the Iraqi people.
5-5-2020 Intel Guru Delta "Parliament announces that the voting session for the ministerial program and the government cabinet will be held next Wednesday evening"
5-5-2020 Intel Guru Footforward ...its my opinion it [dong] will go up in value...
5-5-2020 Newshound Guru Kaperoni Iraq it's going to set aside Wednesday as the day for Parliament to vote on the new prime minister and his cabinet. We will have to wait and see if it's confirmed.
5-5-2020 Newshound/Intel Guru Mnt Goat ...the news was all over the place as Iraq tried to pin down a date to vote on the new Al-Kazimi government line-up. So right now as it stands they did not yet take a vote in parliament and it will come down to...very close to the deadline day of May 7th. So we hear today they plan to vote on Wednesday. Article quote: "The Presidency of the House of Representatives decided to hold a voting session on the ministerial program and the government cabinet on Wednesday, 6/5/2020 at nine in the evening." Let’s see if they actually do it. Finally…
5-5-2020 Intel Guru MarkZ [via PDK] I know there is lots of chatter/rumors ...that things are all done…all the codes have been entered…the exchanges have started…. From Reno contact last night…they are prepared but have not started yet…. I spoke with a contact at a redemption center and they are in place. There are a few people in centers to keep the lights on while the rest wait for the “go ahead” …They are all prepared so we are close. We just have to wait for the “go”... There is a lot of smoke and lots of rumors and lots of leaks…they may be purposely putting it out there…so until we officially can go…try not to get to worked up just yet...we are close…
5-5-2020 Newshound Guru Jeff ...they've told us they're going to vote on the government tomorrow. They've also told us they would do it Thursday. It may be a one or two day session of parliament. We'll have to see how that unfolds and occurs...
5-5-2020 Newshound Guru Pimpy ...I told you guys this week's gonna be big. Not only are we gonna find out whether or not Al-Kazemi makes it in as P.M. and his cabinet gets voted or whether he fails and the President has the right to dissolve Parliament...this could be an exciting week...between tonight and tomorrow all the parliament members are going to be arriving to vote. The rumor is that he's going to get about 75% of the votes...
5-5-2020 Intel Guru RayRen98 From our citizen contact...USA sends important message to the Parliament of Iraq via USA ambassador to Iraq saying do not fail to form the government of Kazemi. If failure happens, USA will do whatever it needs to protect and take care of the Iraqi people.
5-5-2020 Intel Guru Delta "Parliament announces that the voting session for the ministerial program and the government cabinet will be held next Wednesday evening"
5-5-2020 Intel Guru Footforward ...its my opinion it [dong] will go up in value...
5-5-2020 Newshound Guru Kaperoni Iraq it's going to set aside Wednesday as the day for Parliament to vote on the new prime minister and his cabinet. We will have to wait and see if it's confirmed.
5-3-2020 *** Dinar Guru News *** Guru Frank26 is having major surgery this next week. Whether you agree with his perspectives on the dinar or not or enjoy his colorful Frank26 ways of sharing or not, everyone agrees he has been an important contributor to the dinar community for a very long time. Our thoughts and prayers go out to him and his family. Get well Frank26...the community is behind you!!
5-2-2020 *** Dinar Guru News FLASH *** [UPDATE: The CBI did not change/edit the 100 point change in the official MARKET rate posted yesterday for the 27th. They're closed until Sunday]. The CBI is reporting a change in the official MARKET rate for the dinar! [The market rate is the street rate and different from the official CBI set rate of 1190.] This could be significant. As you know, after a few weeks hiatus, the CBI began to update the dinar market rate this week. It's been out of compliance with the IMF 2% rule on these updates. Today's CBI market rate update is for April 27th - it's showing a 100 point change to 1124. This is a STRONGER rate than the official CBI rate of 1190 (remember we want these numbers to go down NOT up). We're not sure if this is this a simple typo mistake or if this is real. If it's real, it's significant - the market rate is determined by demand in the Iraqi market and this shows demand is growing for the dinar. Stay tuned as the gurus chime in on this interesting news. The latest guru posts will continue below... [Note: you can always see the latest CBI official rate and market rate in the left column of this page.]
5-5-2020 *** Dinar Guru News Update *** The CBI updated their official market rate sheet...it appears last week's 1124 posted rate was an error. They changed the 27th rate to 1224. Today's market rate is 1229.50. This is out of compliance with the IMF's 2% rule. You can always see the CBI's latest official rate and market rate in the left column of this page. The latest guru posts will continue below...
5-4-2020 Intel Guru Delta Article: "The Minister of Finance and the Governor of the Central Bank stress the need to expedite the framing of immediate solutions to remedy the financial situation" ...THEY ARE READY TO START...IMO.
5-4-2020 Intel Guru Footforward ...in my opinion, dong between 5 and 50 cents, dinar between 3 and 6 dollars...It would be a miracle of the dong was above 50 cents...I never said it would be this week...I don't know exact time yet.
5-4-2020 Intel Guru MarkZ [via PDK] [Mark now with the States opening up this would be a good time to RV and get the economy going!] I agree... [Trump had said there are Trillions in private money waiting in the wings to help with infrastructure…] that would be us…
5-4-2020 Newshound Guru ChrisC [I saw something on forex graph graff a few days ago. It was showing VND .37 - .38...I don't know if that means anything. This same graph was showing IQD over 2.00] This IS interesting since that is almost exactly what we used to talk about the rate being after a RV. There would always be a bounce from that price to somewhere in the threes, of course we always want the threes but I would be happy with .37 at this point.
5-4-2020 Intel Guru Footforward [...You mentioned it would be advantageous for the VND to go 1st, do you think it will and will the IQD follow within a day or two? IYO] ...if the dinar and dong go separately I think they would be separated for a week or two. The dong has like a 20% chance of going first or separately. That would only be if Iraq isn't ready and Trump needs something immediately.
5-4-2020 Newshound Guru MilitiaMan Why is this so interesting for them to be down at this stage? Well the value of the exchange with using the data from the CBI site suggests a very large move is expected to the live ISX actual values for share pricing...They say it is down for technical requirements... Well value adjustments of such large size would warrant technical assistance...There are no coincidences at this stage of the game. REER...(real effective exchange rate)...IS COMING!! Imo. Let’s see what the CBI has to say next!! [post 2 of 2]
5-4-2020 Newshound Guru MilitiaMan Article: "The Website Of The Iraq Stock Exchange Has Stopped Working" I would like to mention the timing of the ISX being down since Thursday is very interesting. We know now that the CBIESD site shows the ISX Indice to have been adjusted from Blue to Black ink in respect to the Index value. The value increased by over 1000%. That fact is in stone imo. ...It wasn’t a glitch! if it was and they made changes today to other key items, then why not fix an “error" to such an important component of the sites structure in reporting? They would have by now imo fixed any error. [post 1 of 2....stay tuned]
5-4-2020 Intel Guru Footforward ...in my opinion, dong between 5 and 50 cents, dinar between 3 and 6 dollars...It would be a miracle of the dong was above 50 cents...I never said it would be this week...I don't know exact time yet.
5-4-2020 Intel Guru MarkZ [via PDK] [Mark now with the States opening up this would be a good time to RV and get the economy going!] I agree... [Trump had said there are Trillions in private money waiting in the wings to help with infrastructure…] that would be us…
5-4-2020 Newshound Guru ChrisC [I saw something on forex graph graff a few days ago. It was showing VND .37 - .38...I don't know if that means anything. This same graph was showing IQD over 2.00] This IS interesting since that is almost exactly what we used to talk about the rate being after a RV. There would always be a bounce from that price to somewhere in the threes, of course we always want the threes but I would be happy with .37 at this point.
5-4-2020 Intel Guru Footforward [...You mentioned it would be advantageous for the VND to go 1st, do you think it will and will the IQD follow within a day or two? IYO] ...if the dinar and dong go separately I think they would be separated for a week or two. The dong has like a 20% chance of going first or separately. That would only be if Iraq isn't ready and Trump needs something immediately.
5-4-2020 Newshound Guru MilitiaMan Why is this so interesting for them to be down at this stage? Well the value of the exchange with using the data from the CBI site suggests a very large move is expected to the live ISX actual values for share pricing...They say it is down for technical requirements... Well value adjustments of such large size would warrant technical assistance...There are no coincidences at this stage of the game. REER...(real effective exchange rate)...IS COMING!! Imo. Let’s see what the CBI has to say next!! [post 2 of 2]
5-4-2020 Newshound Guru MilitiaMan Article: "The Website Of The Iraq Stock Exchange Has Stopped Working" I would like to mention the timing of the ISX being down since Thursday is very interesting. We know now that the CBIESD site shows the ISX Indice to have been adjusted from Blue to Black ink in respect to the Index value. The value increased by over 1000%. That fact is in stone imo. ...It wasn’t a glitch! if it was and they made changes today to other key items, then why not fix an “error" to such an important component of the sites structure in reporting? They would have by now imo fixed any error. [post 1 of 2....stay tuned]
5-3-2020 Intel Guru RayRen98 ...Iraqi TV reported in a breaking news, citing sources, that the voting session for the new Iraqi government headed by Mustafa Al-Kazemi will take place on Monday. Al-Kazemi has sent the full ministerial formation to the House of Representatives, explaining that the names of the candidates for the cabinet will be sent, within the constitutional period. Shiite blocs have given Al-Kazemi the green light to present his program and his government to Parliament and the request for a special confidence-granting session. The Speaker of Parliament, Mohamed Al-Halbousi, directed the members of the Council to be in Baghdad next Monday, expecting to hold a session to vote on the cabinet booth this week.
5-3-2020 Newshound Guru Kaperoni ...guru Frank26 still believes currency reform will happen very soon...There will not be until Iraq gets everything they need done which includes laws, a government, and the conditions for investors to want to participate in the private sector. Currency reform in any form is never random, or arbitrary. Currency reform is based on sound principles...
5-3-2020 Intel Guru Footforward [Question: President Trump re-signed the E.O 13303 on May 23, 2019. It's set to expire on the 20th of May, 2020... @footforward what are your thoughts on this EO?] ...if the RV doesn't happen by then I'd expect him to extend it. That's been happening for years. I wouldn't say that serves as a back end date. I do feel they want this done sooner rather then later.
5-3-2020 Newshound Guru Jeff Article: "Parliamentary source: Al-Halbousi instructed MPs to be in Baghdad next Monday" ...They're saying they're gonna do it [vote] on Monday. We'll see if they do it on Monday. I don't care what day they do it because I already know they're gonna do it...
5-3-2020 Intel Guru Frank26 ...IMO...I will not cross the river with you. How long do you think it will take me to recover? Two weeks? ...whenever they do raise the value of this currency it's not like they're going to celebrate and throw fireworks up into the sky. It's not like they're gonna put it on the front page of the newspaper. The international world will probably talk about it but inside Iraq - business as usual...it won't be a big fan fair. They've been teaching them for a long time...there is a change coming to the monetary reform...
5-3-2020 Newshound Guru Pimpy We do know that the U.N and IMF work in tangent with one another and they're the people that's going to pull the trigger on this deal...in order for the restriction on their currency to be removed there needs to be some type of stability. So having a PM in there along with his cabinet is going to lend a lot to stabilities to what's going on there in Iraq. Hopefully the UN will remove the restrictions and we'll see the IQD on the Forex. Once it starts trading I believe a lot of speculators are gonna jump all over that currency causing the exchange rate to jump up...we will see shortly... [post 2 of 2]
5-3-2020 Newshound Guru Pimpy Article: "Agreeing on public voting at the session to give confidence to the Al-Kazemi government" ...our boy Kazemi, it looks like he's going to pass...It looks like all the different voting blocks are going to go ahead and pass him...the constitution of Iraq article 76 says if they turn down this current nomination as PM then that means it gives the president the right to dissolve the parliament which is what I want to happen...what does this mean to our Iraqi dinar? What we're looking for is stability. I don't believe this government has anything to do with whether or not the rate change gets changed... [post 1 of 2....stay tuned]
5-3-2020 Newshound Guru Kaperoni ...guru Frank26 still believes currency reform will happen very soon...There will not be until Iraq gets everything they need done which includes laws, a government, and the conditions for investors to want to participate in the private sector. Currency reform in any form is never random, or arbitrary. Currency reform is based on sound principles...
5-3-2020 Intel Guru Footforward [Question: President Trump re-signed the E.O 13303 on May 23, 2019. It's set to expire on the 20th of May, 2020... @footforward what are your thoughts on this EO?] ...if the RV doesn't happen by then I'd expect him to extend it. That's been happening for years. I wouldn't say that serves as a back end date. I do feel they want this done sooner rather then later.
5-3-2020 Newshound Guru Jeff Article: "Parliamentary source: Al-Halbousi instructed MPs to be in Baghdad next Monday" ...They're saying they're gonna do it [vote] on Monday. We'll see if they do it on Monday. I don't care what day they do it because I already know they're gonna do it...
5-3-2020 Intel Guru Frank26 ...IMO...I will not cross the river with you. How long do you think it will take me to recover? Two weeks? ...whenever they do raise the value of this currency it's not like they're going to celebrate and throw fireworks up into the sky. It's not like they're gonna put it on the front page of the newspaper. The international world will probably talk about it but inside Iraq - business as usual...it won't be a big fan fair. They've been teaching them for a long time...there is a change coming to the monetary reform...
5-3-2020 Newshound Guru Pimpy We do know that the U.N and IMF work in tangent with one another and they're the people that's going to pull the trigger on this deal...in order for the restriction on their currency to be removed there needs to be some type of stability. So having a PM in there along with his cabinet is going to lend a lot to stabilities to what's going on there in Iraq. Hopefully the UN will remove the restrictions and we'll see the IQD on the Forex. Once it starts trading I believe a lot of speculators are gonna jump all over that currency causing the exchange rate to jump up...we will see shortly... [post 2 of 2]
5-3-2020 Newshound Guru Pimpy Article: "Agreeing on public voting at the session to give confidence to the Al-Kazemi government" ...our boy Kazemi, it looks like he's going to pass...It looks like all the different voting blocks are going to go ahead and pass him...the constitution of Iraq article 76 says if they turn down this current nomination as PM then that means it gives the president the right to dissolve the parliament which is what I want to happen...what does this mean to our Iraqi dinar? What we're looking for is stability. I don't believe this government has anything to do with whether or not the rate change gets changed... [post 1 of 2....stay tuned]
5-2-2020 Newshound Guru Kaperoni Article quote: ..."all countries of the world follow the policy of floating currency except in Iraq because the currency auction is one of the chapters of corruption that feed the pockets of spoilers," stressing that "floating the Iraqi dinar will protect Iraq's reserves from hard currency from loss and waste."
5-2-2020 Intel Guru Bruce [via WiserNow] We...heard – and we’ve seen that the Vietnamese Dong is no longer available to buy on Travelex which is a major site and you know if you have traveled that Travelex has a number of Kiosks in a number of airports globally – throughout the US and in other countries for currency exchange - Travelex does not want to be caught in the middle of a rate change so they no longer have the Dong for sale...Very few dealers still have dong for sale...
5-2-2020 Intel Guru RayRen98 Iraqi TV news is showing Al-Kazemi signing off on his government, stating it's done and ready for Parliament's vote on Sunday. Parliament confirms they have received the names of the cabinet from Al-Kazemi. ...Being shared in the news: 200 ministers will vote Sunday for Al-Kazemi and pass his cabinet also indicating that Sunday is the "day."
5-2-2020 Newshound Guru Vital Brad …This Sunday...they’re gonna be voting on the new government…
5-2-2020 Newshound Guru Pimpy ...Looks like Sunday or this weekend we're going to find out whether or not they have their PM. Is Al-Kazemi in there? Did he get his cabinet in there? Did they finally get what they needed or is this another flop? And then [Is] the President...going to take over dissolve the parliament and go ahead and just run new elections and have the people voted in themselves...?
5-2-2020 Intel Guru Bruce [via WiserNow] ...there has been something that was put out today or yesterday – about taxes – something was said that 50% tax would be levied on our exchange – I have to tell you that was a lie – there is no tax on our exchange – it is a tax free exchange...don’t worry – this is NOT a taxable event - we are just going to pay taxes on the income that is generated from your proceeds – not the proceed themselves... [Check with your Tax professional at the appropriate time.]
5-2-2020 Intel Guru Bruce [via WiserNow] We...heard – and we’ve seen that the Vietnamese Dong is no longer available to buy on Travelex which is a major site and you know if you have traveled that Travelex has a number of Kiosks in a number of airports globally – throughout the US and in other countries for currency exchange - Travelex does not want to be caught in the middle of a rate change so they no longer have the Dong for sale...Very few dealers still have dong for sale...
5-2-2020 Intel Guru RayRen98 Iraqi TV news is showing Al-Kazemi signing off on his government, stating it's done and ready for Parliament's vote on Sunday. Parliament confirms they have received the names of the cabinet from Al-Kazemi. ...Being shared in the news: 200 ministers will vote Sunday for Al-Kazemi and pass his cabinet also indicating that Sunday is the "day."
5-2-2020 Newshound Guru Vital Brad …This Sunday...they’re gonna be voting on the new government…
5-2-2020 Newshound Guru Pimpy ...Looks like Sunday or this weekend we're going to find out whether or not they have their PM. Is Al-Kazemi in there? Did he get his cabinet in there? Did they finally get what they needed or is this another flop? And then [Is] the President...going to take over dissolve the parliament and go ahead and just run new elections and have the people voted in themselves...?
5-2-2020 Intel Guru Bruce [via WiserNow] ...there has been something that was put out today or yesterday – about taxes – something was said that 50% tax would be levied on our exchange – I have to tell you that was a lie – there is no tax on our exchange – it is a tax free exchange...don’t worry – this is NOT a taxable event - we are just going to pay taxes on the income that is generated from your proceeds – not the proceed themselves... [Check with your Tax professional at the appropriate time.]
5-1-2020 Newshound Guru Pimpy …looks like our boy Kazemi might be making some headway…I believe it’s Sunday coming up here the day after tomorrow we will know what’s going on with our boy Al-Kazemi and his cabinet, whether they get voted in. This could be a big step towards what we're waiting for which of course is the revaluation or the reinstatement of the Iraqi dinars…
5-1-2020 Intel Guru Bruce [via WiserNow] ...we had heard that Australia started their exchanges under the RV – we heard that yesterday...The best information I have so far today from several sources is talking... Monday afternoon...that we could be notified...but more than likely our start would be on Tuesday...we’re just going to have to keep an eye on that... we can’t call it - I’m just telling you what I am hearing... did I think we had a shot of going by today...? Yes – but like a moving target the information changed...
5-1-2020 Newshound Guru Pimpy The following is my opinion based on research...The VND Dong is expected to raise its rate on May 7th.
5-1-2020 Intel Guru MarkZ We did have a couple banking reports where rates showed up for dinar and dong for a short bit... I was reaching out to bankers all morning and a couple of my banking sources and they say some rates started popping up for a short time and then going away…..This was on the dinar and the dong. They saw about .38 cents for the dong and about $2 for the dinar. No, I do not think that is what the true rates are going to be. Perhaps this is a testing or a priming of the system? Either way I take this as a good sign after having no signs for awhile. Don’t rule today out yet.
5-1-2020 Newshound Guru Pimpy ...Looks like Sunday or this weekend we're going to find out whether or not they have their PM. Is Al-Kazemi in there? Did he get his cabinet in there? Did they finally get what they needed or is this another flop? And then [Is] the President is going to take over dissolve the parliament and go ahead and just run new elections and have the people voted in themselves...?
5-1-2020 Newshound Guru Adam Montana [How will the the Iranians benefit from an Iraqi re-evaluation of their currency? Does the Iranians have stock piles of Iraq currency? And because of the Iranians having tons of Iraqi dinar will this prevent Iraq from re evaluating their currency?] Iran is a major factor in the current price of the Iraqi Dinar, I don't think anyone will disagree with that. I'm certain they do have a large amount of Iraqi Dinar, just like many other nations (including the US). And when this is actually "done", it may be that Iran and Iraq are at major odds, even flat out war, as a result of it all when we reach the next stage. The Middle East will always be at war... To answer your final question - and probably the most important one in the post - I don't believe that Iran's possession of Iraqi Dinar will prevent Iraq from raising the value. It may impact the "how", but not the "if".
5-1-2020 Intel Guru Bruce [via WiserNow] ...we had heard that Australia started their exchanges under the RV – we heard that yesterday...The best information I have so far today from several sources is talking... Monday afternoon...that we could be notified...but more than likely our start would be on Tuesday...we’re just going to have to keep an eye on that... we can’t call it - I’m just telling you what I am hearing... did I think we had a shot of going by today...? Yes – but like a moving target the information changed...
5-1-2020 Newshound Guru Pimpy The following is my opinion based on research...The VND Dong is expected to raise its rate on May 7th.
5-1-2020 Intel Guru MarkZ We did have a couple banking reports where rates showed up for dinar and dong for a short bit... I was reaching out to bankers all morning and a couple of my banking sources and they say some rates started popping up for a short time and then going away…..This was on the dinar and the dong. They saw about .38 cents for the dong and about $2 for the dinar. No, I do not think that is what the true rates are going to be. Perhaps this is a testing or a priming of the system? Either way I take this as a good sign after having no signs for awhile. Don’t rule today out yet.
5-1-2020 Newshound Guru Pimpy ...Looks like Sunday or this weekend we're going to find out whether or not they have their PM. Is Al-Kazemi in there? Did he get his cabinet in there? Did they finally get what they needed or is this another flop? And then [Is] the President is going to take over dissolve the parliament and go ahead and just run new elections and have the people voted in themselves...?
5-1-2020 Newshound Guru Adam Montana [How will the the Iranians benefit from an Iraqi re-evaluation of their currency? Does the Iranians have stock piles of Iraq currency? And because of the Iranians having tons of Iraqi dinar will this prevent Iraq from re evaluating their currency?] Iran is a major factor in the current price of the Iraqi Dinar, I don't think anyone will disagree with that. I'm certain they do have a large amount of Iraqi Dinar, just like many other nations (including the US). And when this is actually "done", it may be that Iran and Iraq are at major odds, even flat out war, as a result of it all when we reach the next stage. The Middle East will always be at war... To answer your final question - and probably the most important one in the post - I don't believe that Iran's possession of Iraqi Dinar will prevent Iraq from raising the value. It may impact the "how", but not the "if".
4-30-2020 Intel Guru RayRen98 BANK SOURCES ARE "OPENING UP" INDICATING NEW RATES ARE FORTHCOMING...SO WE WAIT...PATIENTLY. POSITIVE..."VERY" POSITIVE!
4-30-2020 Intel Guru Footforward [Question: Does it matter wether we have circulated or uncirculated dinars? Does the value change?] No...It shouldn't. Money is money unless that series has been discontinued Or replaced
4-30-2020 Newshound Guru Adam Montana Day
6jillion7bazillion876,9876,350,876 of the 'Rona lockdown...Countries like Iraq should certainly be wiped out and pleading for mercy... Especially with OIL taking the huge hit that it took recently! That is not the case...Iraq is not only "fine", they are more than fine! They have weathered a monster hit to the price of oil without lowering their rate. They are surviving an unbelievable shakeup of their government, and...(Thursday) to May 8 look to be key dates for finalizing some more of that critical work... Don't get me wrong - I'm not saying Coronavirus was a "hoax". On the contrary, it has been devastating for some... and the economic damage may never be fully calculated. But the world did not end. We will move past all of this. And the Iraqi Dinar is still a very real item that holds a massive amount of potential...
4-30-2020 Intel Guru MarkZ [via PDK] My folks in Iraq still think this could be our weekend…the banking side absolutely believe they are correct…that tonight is our night…I hope they are right…
4-30-2020 Intel Guru RayRen98 [Will executive order 13303 need to be renewed if the rv does not happen by May 20th? Will this change our chance of exchanging our currency?] NOTHING WILL CHANGE OUR CHANCE OF EXCHANGING...
4-30-2020 Intel Guru Bruce [via WiserNow] ...Usually our currencies can tell us something – so we know for example...Travel X stopped offering Vietnamese Dong for sale on their site -In other words – it disappeared – The Vietnamese Dong is no longer available...That is a great sign for us ...so why did that go away? It’s going away because the rate change is going to take place - and they don’t want to get caught in the middle of a rate change – so they have simply removed the Dong from the site – that is Big!...
4-30-2020 Newshound Guru Pimpy ...a nifty little tidbit of information that was brought to my attention that I had not paid attention to but might make a difference in our thought...from the White House, "Text of a Notice on the Continuation of the National Emergency with Respect to the Stabilization of Iraq" Executive Order 13303...this one was redone by Trump May 20, 2019...When they declared it [back in 2003] is when the currency was devalued. When this expires does this mean there are no longer any restriction on the Iraqi dinar? Does this mean we're finally going to see the Iraq dinar on forex? Does this means we're finally going to see the rate change?...On May 20, 2019 Trump extended it for one year. What does it mean when this expires? Trump might not extend this 13303...I don't want to get over-hyped...does this mean that on May 20, 2020 if they don't extend this does that mean any restrictions on the currency is then lifted? ...I'm curious what this means.
4-30-2020 Intel Guru RayRen98 Al-Kazemi says in the coming hours, he will release all names of his cabinet and within two days, he will announce a special session of Parliament to vote sometime next week and that the virus and Ramadan will not affect this session.
4-30-2020 Newshound Guru Jeff ...We are now only waiting for Iraq to form the GOI to go International...the new GOI will be approved by the constitutional deadline of May 8th...
4-30-2020 Intel Guru Footforward [Question: Does it matter wether we have circulated or uncirculated dinars? Does the value change?] No...It shouldn't. Money is money unless that series has been discontinued Or replaced
4-30-2020 Newshound Guru Adam Montana Day
6jillion7bazillion876,9876,350,876 of the 'Rona lockdown...Countries like Iraq should certainly be wiped out and pleading for mercy... Especially with OIL taking the huge hit that it took recently! That is not the case...Iraq is not only "fine", they are more than fine! They have weathered a monster hit to the price of oil without lowering their rate. They are surviving an unbelievable shakeup of their government, and...(Thursday) to May 8 look to be key dates for finalizing some more of that critical work... Don't get me wrong - I'm not saying Coronavirus was a "hoax". On the contrary, it has been devastating for some... and the economic damage may never be fully calculated. But the world did not end. We will move past all of this. And the Iraqi Dinar is still a very real item that holds a massive amount of potential...
4-30-2020 Intel Guru MarkZ [via PDK] My folks in Iraq still think this could be our weekend…the banking side absolutely believe they are correct…that tonight is our night…I hope they are right…
4-30-2020 Intel Guru RayRen98 [Will executive order 13303 need to be renewed if the rv does not happen by May 20th? Will this change our chance of exchanging our currency?] NOTHING WILL CHANGE OUR CHANCE OF EXCHANGING...
4-30-2020 Intel Guru Bruce [via WiserNow] ...Usually our currencies can tell us something – so we know for example...Travel X stopped offering Vietnamese Dong for sale on their site -In other words – it disappeared – The Vietnamese Dong is no longer available...That is a great sign for us ...so why did that go away? It’s going away because the rate change is going to take place - and they don’t want to get caught in the middle of a rate change – so they have simply removed the Dong from the site – that is Big!...
4-30-2020 Newshound Guru Pimpy ...a nifty little tidbit of information that was brought to my attention that I had not paid attention to but might make a difference in our thought...from the White House, "Text of a Notice on the Continuation of the National Emergency with Respect to the Stabilization of Iraq" Executive Order 13303...this one was redone by Trump May 20, 2019...When they declared it [back in 2003] is when the currency was devalued. When this expires does this mean there are no longer any restriction on the Iraqi dinar? Does this mean we're finally going to see the Iraq dinar on forex? Does this means we're finally going to see the rate change?...On May 20, 2019 Trump extended it for one year. What does it mean when this expires? Trump might not extend this 13303...I don't want to get over-hyped...does this mean that on May 20, 2020 if they don't extend this does that mean any restrictions on the currency is then lifted? ...I'm curious what this means.
4-30-2020 Intel Guru RayRen98 Al-Kazemi says in the coming hours, he will release all names of his cabinet and within two days, he will announce a special session of Parliament to vote sometime next week and that the virus and Ramadan will not affect this session.
4-30-2020 Newshound Guru Jeff ...We are now only waiting for Iraq to form the GOI to go International...the new GOI will be approved by the constitutional deadline of May 8th...
4-29-2020 Intel Guru Bruce Let’s talk about the Iraq Dinar – We had a reinstated rate – we had a revaluation take place last Sunday and we have...a rate – because the CBI website was up and then was taken down by Iraq on purpose – they did not want us to see what that rate is...The rate I understand was at $1.00 – the re-instatement rate – which was on par with the US dollar – and we believe it has elevated well above that rate...we do have the new rate on the bank screens now...our Forex guy – and certain bankers have acknowledged that there is a new rate – We have some idea as to what it is – but we are not at liberty to say - and we are just going to let that play out... I know they revalued – we have people that are directly connected to Iraq that have acknowledged that – so I feel very good about that... [post 2 of 2]
4-29-2020 Intel Guru Bruce [via WiserNow] ...we had heard – about a week ago that we had sort of a deadline or back wall – it appears that we have had a deadline in place for us to get started...we believe that deadline is Thursday – the last day of the month the 30th of April...It should not go beyond Thursday – Of course we know in this anything is possible – we already know that - but we also know they do want to get this thing started and we believe they want to get it started by or on Thursday April 30th... [post 1 of 2....stay tuned]
4-29-2020 Intel Guru MarkZ [via PDK] From my contacts...Zurich is still sitting on “wait”. Iraq is also sitting on “wait” they did not have a new rate this morning.
4-29-2020 Intel Guru Footforward they can vote on their government in December for all we care...We don't hear the CBI ever talk about needing a government to increase the rate...I'm absolutely certain about that one. They have a financial committee that runs the finances with or without a seated government. It's how everyone gets paid right now without a seated government.
4-29-2020 Newshound Guru Pimpy ... We know that over in Iraq...what we're waiting for is Al-Kazami whether he's going to get in there as Prime Minister and he's going to have his cabinet or government and they're gonna get voted in...we also know that in June the UN, IMF and the United States are going to be in Iraq...the article said it wasn't just about military bases...Do you think the United States would just pull out after everything that happened. Like Trump said do you think we will just leave and leave the bases there without getting paid? Looks like Trump is pulling out. This is what they [Iraq] wanted. Did they come up with some type of agreement? Hmmm I wonder. It makes you wonder. Do they have some kind of understanding? Does Trump know something we don't know? Is the rate change finally getting ready to happen?
4-29-2020 Newshound/Intel Guru Walkingstick [via Guru Frank26] ...they are giving them until the 26th of May. A credible government will be formed by May 26th and it's to allow them the time for the formation of a credible government...
4-29-2020 Intel Guru Delta ...[The CEO of the Iraqi Stock Exchange was asked] 'How come the Iraqi Stock Exchange is not going international?' He said very simple, because of foreign currency. Because the Iraqi dinar basically is not international. It's not tradable. It's not recognizable. Which is more confirmation to us...
4-29-2020 Intel Guru Frank26 ...REER - Real Effective Exchange Rate of the Iraqi Dinar ...monetary reform is ready to go. One of the final tuning is REER. They are establishing the Real Effective Exchange Rate of the Iraqi dinar and the reason for it is to counter fractional banking inside their country...
4-29-2020 Newshound/Intel Guru Mnt Goat ...There is still very strong talk (outside of the mainstream news media) that Allawi may still fill the prime minister position as he is the best candidate and fully supported by Mutada Al-Sadr. Remember Sadr won the 2018 election and it’s the reform party that gets to pick the new prime minister not the Iraqi Shiite political blocs. We will see what happens in the last days of Al-Kazemi 30 days period. Yes, this will go down to the wire again and not be decided prior to the final days...
4-29-2020 Intel Guru RayRen98 Al-Kazemi stated on Iraqi TV he will not be pressured and will do what's best for Iraq first. The Kurds and Sunnis have come to an agreement in cabinet selections while the Shiities are still blocking it. Al-Kazemi has until May 8, 2020, to get accepted, if not, the government will be dissolved and await September before all are newly elected.
4-29-2020 Intel Guru Bruce [via WiserNow] ...we had heard – about a week ago that we had sort of a deadline or back wall – it appears that we have had a deadline in place for us to get started...we believe that deadline is Thursday – the last day of the month the 30th of April...It should not go beyond Thursday – Of course we know in this anything is possible – we already know that - but we also know they do want to get this thing started and we believe they want to get it started by or on Thursday April 30th... [post 1 of 2....stay tuned]
4-29-2020 Intel Guru MarkZ [via PDK] From my contacts...Zurich is still sitting on “wait”. Iraq is also sitting on “wait” they did not have a new rate this morning.
4-29-2020 Intel Guru Footforward they can vote on their government in December for all we care...We don't hear the CBI ever talk about needing a government to increase the rate...I'm absolutely certain about that one. They have a financial committee that runs the finances with or without a seated government. It's how everyone gets paid right now without a seated government.
4-29-2020 Newshound Guru Pimpy ... We know that over in Iraq...what we're waiting for is Al-Kazami whether he's going to get in there as Prime Minister and he's going to have his cabinet or government and they're gonna get voted in...we also know that in June the UN, IMF and the United States are going to be in Iraq...the article said it wasn't just about military bases...Do you think the United States would just pull out after everything that happened. Like Trump said do you think we will just leave and leave the bases there without getting paid? Looks like Trump is pulling out. This is what they [Iraq] wanted. Did they come up with some type of agreement? Hmmm I wonder. It makes you wonder. Do they have some kind of understanding? Does Trump know something we don't know? Is the rate change finally getting ready to happen?
4-29-2020 Newshound/Intel Guru Walkingstick [via Guru Frank26] ...they are giving them until the 26th of May. A credible government will be formed by May 26th and it's to allow them the time for the formation of a credible government...
4-29-2020 Intel Guru Delta ...[The CEO of the Iraqi Stock Exchange was asked] 'How come the Iraqi Stock Exchange is not going international?' He said very simple, because of foreign currency. Because the Iraqi dinar basically is not international. It's not tradable. It's not recognizable. Which is more confirmation to us...
4-29-2020 Intel Guru Frank26 ...REER - Real Effective Exchange Rate of the Iraqi Dinar ...monetary reform is ready to go. One of the final tuning is REER. They are establishing the Real Effective Exchange Rate of the Iraqi dinar and the reason for it is to counter fractional banking inside their country...
4-29-2020 Newshound/Intel Guru Mnt Goat ...There is still very strong talk (outside of the mainstream news media) that Allawi may still fill the prime minister position as he is the best candidate and fully supported by Mutada Al-Sadr. Remember Sadr won the 2018 election and it’s the reform party that gets to pick the new prime minister not the Iraqi Shiite political blocs. We will see what happens in the last days of Al-Kazemi 30 days period. Yes, this will go down to the wire again and not be decided prior to the final days...
4-29-2020 Intel Guru RayRen98 Al-Kazemi stated on Iraqi TV he will not be pressured and will do what's best for Iraq first. The Kurds and Sunnis have come to an agreement in cabinet selections while the Shiities are still blocking it. Al-Kazemi has until May 8, 2020, to get accepted, if not, the government will be dissolved and await September before all are newly elected.
4-28-2020 *** Dinar Guru News Update *** The CBI made the first market rate update since March 17th Yesterday. They updated three days in April...the 21st, 22nd, 23rd. All three rate appear to be out of compliance with the IMF 2% rule. April 23rd market rate is 1225. Also, they changed the format of the numbers reported by dropping the three numbers to the right of the decimal point. This is not the first time the dinar has been out of compliance over the last couple year. In the past it's been out for a couple day and then returned to be well withing compliance for the monthly average. Will the CBI be able to do the same thing this time? Stay tuned as the gurus chime in to answer these questions... The latest guru updates will continue below...
4-28-2020 Intel Guru Footforward I see the dinar and dong revaluing, with small adjustments to a few other currencies...There is a chance the dong goes first. ...This isn't going to be a global currency reset...
4-28-2020 Intel Guru MarkZ [What countries are we expecting to RV…Iraq and ?] A Number of them are expected too…the ones we are watching closely are Vietnam and Iraq…
4-28-2020 Newshound Guru Adam Montana [Question: If it was to RV at .10 - 1.13 and we wait to cash in, until it goes up more, would we be able to keep it that long, and cash in at a higher rate? Or are we going to have a time limit to cash in?] That's a great question, and one nobody will be able to answer. It will depend entirely on what the CBI dictates, and they can do anything they want. [We will keep you posted if the CBI changes time-frame rules to 30 to 60 days for exchange - so stay tuned in.]
4-28-2020 Newshound Guru Pimpy ...we know the UN, the IMF and the State Department, Mike Pompeo, anyways are going to be meeting in Iraq in June. We know this is gonna happen. I know you guys are hoping just like I do that they go ahead and remove the restriction off the currency and allow them to trade on the Forex. Let's cross our fingers and hope that happens. If they do then...look forward to a lot of speculators to jump all over that currency. There are people who want to invest in a currency but are concerned because the currency is not recognized internationally. So you can only imagine what that's gonna do to the currency once it is floating and you can invest in it. It's gonna drive that sucker up. That just my opinion...
4-28-2020 Intel Guru Footforward ...the lack of a government is not holding up the RV what so ever...the two are not directly connected. Iran's influence has dwindled significantly. That matters more then then having a seated government. They have had a seated government numerous times recently. It hasn't produced an RV. ...we are not waiting on a seated government for an RV to happen. If the RV happens with no seated government, they have a financial committee to run things.
4-28-2020 Intel Guru MarkZ Not a lot of news…pretty much a nothing burger on the revaluation front. There are a lot of people back in place which is a good thing...the banking side is still expecting to see it between today and Thursday. My Iraq sources are still looking squarely at Wednesday. Hopefully we will see something.
4-28-2020 Intel Guru Delta ...A question was asked to the head of ISX why they did not go international. He said because of the currency issue...BOOM.
4-28-2020 Newshound Guru Pimpy ...the stock market is officially open... don't put all your eggs in one basket. Just because one person says this is the date...it would have been nice. I was kind of hoping for it...but I still absolutely positively feel 100% that this is gonna happen and it's gonna happen soon...So yeah the stock market has been open. We also know in addition to that the auctions are still happening...I know it's gonna happen soon. It's gonna happen this year I really believe that. There's no reason for it not to.
4-28-2020 Newshound Guru Adam Montana [Question: ...it would seem that Iraq is between a rock and a hard place. Oil down and Iraq once again has it hand out to the IMF and WB. This time the IMF and WB are pushing back...] YES! And they were told they would get no more than 2 billion dollars... that is nothing. We aren't the only ones who know that Iraq has the potential to solve their own problems. Time to GET IT DONE!
4-28-2020 Intel Guru MarkZ [What countries are we expecting to RV…Iraq and ?] A Number of them are expected too…the ones we are watching closely are Vietnam and Iraq…
4-28-2020 Newshound Guru Adam Montana [Question: If it was to RV at .10 - 1.13 and we wait to cash in, until it goes up more, would we be able to keep it that long, and cash in at a higher rate? Or are we going to have a time limit to cash in?] That's a great question, and one nobody will be able to answer. It will depend entirely on what the CBI dictates, and they can do anything they want. [We will keep you posted if the CBI changes time-frame rules to 30 to 60 days for exchange - so stay tuned in.]
4-28-2020 Newshound Guru Pimpy ...we know the UN, the IMF and the State Department, Mike Pompeo, anyways are going to be meeting in Iraq in June. We know this is gonna happen. I know you guys are hoping just like I do that they go ahead and remove the restriction off the currency and allow them to trade on the Forex. Let's cross our fingers and hope that happens. If they do then...look forward to a lot of speculators to jump all over that currency. There are people who want to invest in a currency but are concerned because the currency is not recognized internationally. So you can only imagine what that's gonna do to the currency once it is floating and you can invest in it. It's gonna drive that sucker up. That just my opinion...
4-28-2020 Intel Guru Footforward ...the lack of a government is not holding up the RV what so ever...the two are not directly connected. Iran's influence has dwindled significantly. That matters more then then having a seated government. They have had a seated government numerous times recently. It hasn't produced an RV. ...we are not waiting on a seated government for an RV to happen. If the RV happens with no seated government, they have a financial committee to run things.
4-28-2020 Intel Guru MarkZ Not a lot of news…pretty much a nothing burger on the revaluation front. There are a lot of people back in place which is a good thing...the banking side is still expecting to see it between today and Thursday. My Iraq sources are still looking squarely at Wednesday. Hopefully we will see something.
4-28-2020 Intel Guru Delta ...A question was asked to the head of ISX why they did not go international. He said because of the currency issue...BOOM.
4-28-2020 Newshound Guru Pimpy ...the stock market is officially open... don't put all your eggs in one basket. Just because one person says this is the date...it would have been nice. I was kind of hoping for it...but I still absolutely positively feel 100% that this is gonna happen and it's gonna happen soon...So yeah the stock market has been open. We also know in addition to that the auctions are still happening...I know it's gonna happen soon. It's gonna happen this year I really believe that. There's no reason for it not to.
4-28-2020 Newshound Guru Adam Montana [Question: ...it would seem that Iraq is between a rock and a hard place. Oil down and Iraq once again has it hand out to the IMF and WB. This time the IMF and WB are pushing back...] YES! And they were told they would get no more than 2 billion dollars... that is nothing. We aren't the only ones who know that Iraq has the potential to solve their own problems. Time to GET IT DONE!
4-27-2020 Newshound Guru Adam Montana [Question: ...Couldn't Iraq increase the currency/value as a nation by completing an RV despite the plummeting oil prices which accounts for most of the value?...] In a word: YES. The price per barrel of oil is a temporary situation. Iraq holding one of the largest physical stores of oil is not temporary. They are already talking about setting their budget on an amount much higher than current market. This situation with the price of oil will be remembered, but it will not last.
4-27-2020 Intel Guru Frank26 ...The Chief Executive Office of the Iraqi Stock Exchange prepared the ISX to receive a new rate...it's ready to receive the rate...not only is the Iraqi Stock Exchange going to receive the rate from the CBI...but it'll be so powerful it'll go beyond the Iraqi Stock exchange...the International world knows and is well prepared...
4-27-2020 Newshound Guru Adam Montana [Question: In the past you have been pretty certain there would be no RV during Ramadan. Still feel that way?] I'm inclined to break tradition here. This Ramadan is different, and I'm leaving the door wide open...THIS IS A CRAZY TIME! In years past, I've always said "no" to that idea. I am NOT saying "no" this time!
4-27-2020 Intel Guru Delta ...it's not a holiday. Just to clear this up...Ramadan...it's not a holiday, it's business as usual. Yes the Central bank they can do a lot of things during Ramadan...They may reduce hours because it's hot and they have to fast etc. but it's not a holiday. It's business as usual...
4-27-2020 Intel Guru MarkZ [via PDK] Many contacts are excited…Reno contacts are...looking for a window of Tues- Thurs. My Iraqi contacts are looking for it on Wednesday….really hope they are correct. There is very exciting rumors all around the banking world today for sure.
4-27-2020 Newshound Guru Kaperoni As predicted, no change in the dinar.
4-27-2020 Newshound Guru MilitiaMan [...it appears the ISX opened at 442 and closed at 430.47 at a loss of 3.24%...No change in Index...] Though, the CBI still shows this and the ISX doesn't trade nor trump the CBI... So it is not behind us just yet..In fact, there is more support that the CBI is following through with their process irregard to the ISX trading today as normal. The CBI will neeed to change the rate to the IQD first. imo.
4-27-2020 Newshound Guru Kaperoni Iraq minted coins way back in 2004 in fact a few of them were released and ended up being play toys because of their lack of value. If and when the dinar ever gets to a value that is more appropriate they will release coins and lower denominations.
4-27-2020 Intel Guru Frank26 ...The Chief Executive Office of the Iraqi Stock Exchange prepared the ISX to receive a new rate...it's ready to receive the rate...not only is the Iraqi Stock Exchange going to receive the rate from the CBI...but it'll be so powerful it'll go beyond the Iraqi Stock exchange...the International world knows and is well prepared...
4-27-2020 Newshound Guru Adam Montana [Question: In the past you have been pretty certain there would be no RV during Ramadan. Still feel that way?] I'm inclined to break tradition here. This Ramadan is different, and I'm leaving the door wide open...THIS IS A CRAZY TIME! In years past, I've always said "no" to that idea. I am NOT saying "no" this time!
4-27-2020 Intel Guru Delta ...it's not a holiday. Just to clear this up...Ramadan...it's not a holiday, it's business as usual. Yes the Central bank they can do a lot of things during Ramadan...They may reduce hours because it's hot and they have to fast etc. but it's not a holiday. It's business as usual...
4-27-2020 Intel Guru MarkZ [via PDK] Many contacts are excited…Reno contacts are...looking for a window of Tues- Thurs. My Iraqi contacts are looking for it on Wednesday….really hope they are correct. There is very exciting rumors all around the banking world today for sure.
4-27-2020 Newshound Guru Kaperoni As predicted, no change in the dinar.
4-27-2020 Newshound Guru MilitiaMan [...it appears the ISX opened at 442 and closed at 430.47 at a loss of 3.24%...No change in Index...] Though, the CBI still shows this and the ISX doesn't trade nor trump the CBI... So it is not behind us just yet..In fact, there is more support that the CBI is following through with their process irregard to the ISX trading today as normal. The CBI will neeed to change the rate to the IQD first. imo.
4-27-2020 Newshound Guru Kaperoni Iraq minted coins way back in 2004 in fact a few of them were released and ended up being play toys because of their lack of value. If and when the dinar ever gets to a value that is more appropriate they will release coins and lower denominations.
4-26-2020 Intel Guru Okie_Oil_Man GOOD AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS...TODAY THE 26TH OF APRIL WILL BE A SUNDAY TO REMEMBER AND CIRCLE ON YOUR CALENDAR. THE REASONS BEING--IT LOOKS LIKE THE FINAL WEEKEND OF THIS WORRYSOME JOURNEY. FROM THE INFORMATION I RECEIVED ... — THE START IN DIFFERENT COUNTRIES OF THE REDEMPTION AND EXCHANGE OPPORTUNITY WE HAVE ALL WAITED FOR. FROM PUBLISHED ARTICLES REGARDING THE I M F AND THE IRAQ SITUATION IN CONJUNCTION WITH THE NEWS OF THE ELDERS AND OTHER OFFICIALS FACILITATING THIS EVENT, THEY ARE ALL STATING THE SAME THING FOR A CHANGE. IT IS SPECULATED THAT THIS ALL--ALL--ALL MUST BE COMPLETED PREVIOUS TO 5-1-2020. MEANING—THEY HAVE TO GET STARTED THIS WEEK SOMETIME. THEY ARE SAYING TUES-WED-THUR—SEEMS OPTIMUM AND MANDATED TIME.
4-26-2020 Intel Guru RayRen98 (from our Iraqi citizen) Saturday - Parliamentary experts on morning Iraqi TV saying due to obstacles, they expect Al-Kazimi to step down very soon. Basically, they are saying it is Iran's way or "no way." The next 48 hours will be crucial. Sunday - Al-Kazimi says to Shiites that he is not apologizing and will present his cabinet in 24 hours to parliament for a vote. Hundreds of militias of the Iran-backing have set up camp outside of Parliament...this is going be interesting.
4-26-2020 Newshound Guru Breitling ...the IMF is rejecting requests for loans from Iraq because the IMF is sitting there looking at Iraq's value in their currency and they're telling them you need to add value to your currency...a lot of people are saying the IMF is rejecting proposals/loans to Iraq because of the corrupt government. No, it's not. It has to do with the oil prices going down. The IMF is going how are you gonna pay this back? They need to add value to their currency. Very very good news for us...
4-26-2020 Newshound Guru MilitiaMan The ISX site is down and my understanding it has been down for a significant amount of time today on and off and even before they started/if they started trading...
4-26-2020 Intel Guru BobTheTaxMan ...we see an immense amount of pressure coming on Iraq to force them to have to do something...to be able to repay their debt by the revaluation of this particular currency they've got...
4-26-2020 Newshound Guru Breitling ...they're not in the position where they're doomed or anything like that. If they do this correctly - add value to their currency, get in the markets and then float the value of their currency based on market needs from a global perspective. That's exactly the conversation they're having - The Ministry of Finance, The Ministry of Planning and the CBI. That's very very good news for us. But the question is, 'Is this a one shot opportunity?' No, it's not a one shot opportunity. There are a couple moves they can make. Are they desperate and need to add value now? Absolutely. But let's say they don't...It's so undervalued there are a couple things they can do. What I mean by a couple things they can do is - what rate they come out at and what time frame they can get to $1.17...
4-26-2020 Intel Guru RayRen98 (from our Iraqi citizen) Saturday - Parliamentary experts on morning Iraqi TV saying due to obstacles, they expect Al-Kazimi to step down very soon. Basically, they are saying it is Iran's way or "no way." The next 48 hours will be crucial. Sunday - Al-Kazimi says to Shiites that he is not apologizing and will present his cabinet in 24 hours to parliament for a vote. Hundreds of militias of the Iran-backing have set up camp outside of Parliament...this is going be interesting.
4-26-2020 Newshound Guru Breitling ...the IMF is rejecting requests for loans from Iraq because the IMF is sitting there looking at Iraq's value in their currency and they're telling them you need to add value to your currency...a lot of people are saying the IMF is rejecting proposals/loans to Iraq because of the corrupt government. No, it's not. It has to do with the oil prices going down. The IMF is going how are you gonna pay this back? They need to add value to their currency. Very very good news for us...
4-26-2020 Newshound Guru MilitiaMan The ISX site is down and my understanding it has been down for a significant amount of time today on and off and even before they started/if they started trading...
4-26-2020 Intel Guru BobTheTaxMan ...we see an immense amount of pressure coming on Iraq to force them to have to do something...to be able to repay their debt by the revaluation of this particular currency they've got...
4-26-2020 Newshound Guru Breitling ...they're not in the position where they're doomed or anything like that. If they do this correctly - add value to their currency, get in the markets and then float the value of their currency based on market needs from a global perspective. That's exactly the conversation they're having - The Ministry of Finance, The Ministry of Planning and the CBI. That's very very good news for us. But the question is, 'Is this a one shot opportunity?' No, it's not a one shot opportunity. There are a couple moves they can make. Are they desperate and need to add value now? Absolutely. But let's say they don't...It's so undervalued there are a couple things they can do. What I mean by a couple things they can do is - what rate they come out at and what time frame they can get to $1.17...
4-25-2020 Newshound Guru Kaperoni The CBI like all central banks are the official source for the exchange rate. There is no change and I don't expect one. It is utterly ridiculous to think the CBI could raise the value that high [1 to 1] with 42 + trillion in circulation. [You can always see the latest official CBI rate of the dinar on the left side of this page.]
4-25-2020 Newshound Guru Pimpy ...It's almost time. As a matter of fact how far are we away? 23 hours 12 minutes and a few sections away from the magical day tomorrow. Could this be the day of the rate change? Because tomorrow the ISX opens. That's right. It's closed now but by this time tomorrow it will be open and we will see if the rate change did indeed happen...
4-25-2020 Newshound Guru MilitiaMan [It will be interesting to see when/if they open Sunday if the comma was to be a comma or a period...] ...Personally, I don't think it was a mistake. I think they were ready to RI, but, then realized they were not ready just yet, hence the adjustment back to normal...
4-25-2020 Newshound Guru Breitling ...the CBI has one goal and one goal only - that's to manage the currency...they fully confirmed they want to get it [the dinar] to a buck-17 ($1.17)...I got nothing but great news. These guys are still talking about it more than ever. They need to get the dinar up to about $1.17. Don't know what the entry level is. They actually want to add value to it and then float it up. Whatever value they start at - 20 cents, 30 cents 40 cents doesn't matter. Then they'll float it up...
4-25-2020 Intel Guru Bruce [via WiserNow] ...It’s hard to get a rate on the dong but it will be trailing the dinar but not by a whole lot – it won’t be on par but I think it will be within $.50 and $1.00 of the dinar – that will be great...
4-25-2020 Newshound Guru chattels Article quote: "...Iraqi Shiite political blocs have rejected all the names on Iraqi Prime Minister designate Mustafa al-Kadhimi’s proposed cabinet list, according to a senior member of al-Hikma Shiite political coalition." Mustafa al-Kadhimi's proposed cabinet list has been rejected...
4-25-2020 Newshound Guru Pimpy ...if the rate change happened in February and we're now at the end of April don't you think we'd heard about it? And if this [Iraq Stock Exchange Index reporting 1000% Increase] is some kind of sign of a rate change, dude, don't you think people around the world would be buying every dinar on the market? Because this would be telling them ahead of time. Somebody's head would roll. People would be going to jail. This kind of boo-boo would not be made. The number is consistent with these other numbers [484.79] except for it by accident somebody put a comma [462,830] here instead of a period. That's all that is...
4-25-2020 Newshound Guru Pimpy ...It's almost time. As a matter of fact how far are we away? 23 hours 12 minutes and a few sections away from the magical day tomorrow. Could this be the day of the rate change? Because tomorrow the ISX opens. That's right. It's closed now but by this time tomorrow it will be open and we will see if the rate change did indeed happen...
4-25-2020 Newshound Guru MilitiaMan [It will be interesting to see when/if they open Sunday if the comma was to be a comma or a period...] ...Personally, I don't think it was a mistake. I think they were ready to RI, but, then realized they were not ready just yet, hence the adjustment back to normal...
4-25-2020 Newshound Guru Breitling ...the CBI has one goal and one goal only - that's to manage the currency...they fully confirmed they want to get it [the dinar] to a buck-17 ($1.17)...I got nothing but great news. These guys are still talking about it more than ever. They need to get the dinar up to about $1.17. Don't know what the entry level is. They actually want to add value to it and then float it up. Whatever value they start at - 20 cents, 30 cents 40 cents doesn't matter. Then they'll float it up...
4-25-2020 Intel Guru Bruce [via WiserNow] ...It’s hard to get a rate on the dong but it will be trailing the dinar but not by a whole lot – it won’t be on par but I think it will be within $.50 and $1.00 of the dinar – that will be great...
4-25-2020 Newshound Guru chattels Article quote: "...Iraqi Shiite political blocs have rejected all the names on Iraqi Prime Minister designate Mustafa al-Kadhimi’s proposed cabinet list, according to a senior member of al-Hikma Shiite political coalition." Mustafa al-Kadhimi's proposed cabinet list has been rejected...
4-25-2020 Newshound Guru Pimpy ...if the rate change happened in February and we're now at the end of April don't you think we'd heard about it? And if this [Iraq Stock Exchange Index reporting 1000% Increase] is some kind of sign of a rate change, dude, don't you think people around the world would be buying every dinar on the market? Because this would be telling them ahead of time. Somebody's head would roll. People would be going to jail. This kind of boo-boo would not be made. The number is consistent with these other numbers [484.79] except for it by accident somebody put a comma [462,830] here instead of a period. That's all that is...
4-24-2020 Intel Guru Bruce [via WiserNow] I think we’re in a really good place...remember that we said Iraq reinstated the Dinar last Saturday – now – they also revalued the Dinar...Wednesday - so the re-evaluation of the Iraqi dinar became official yesterday – with a “new rate”...they’ve had it on the website – cbi.q I think and what happened was – they were kinda getting hits on it but...they did not want it to get hacked...so they took it down themselves...They really don’t want it to be seen by the world yet because Sunday is when Iraq’s first day of business begins in the middle east – it’s like our Monday - they will open the ISX stock exchange also and the IQD rate will be visible and tradeable through the ISX – starting Sunday - We will actually have the new Dinar rate on our bank websites on Monday morning...I am about as excited as I can be and thrilled because I know what’s going on is real and confirmed and I know that we are that close...
4-24-2020 Newshound/Intel Guru Mnt Goat ...surely with all the oil revenues, CBI reserves and what economy they do have, the currency is worthy of a higher value even now. No one can argue this point. But they can not raise the value until they also can conduct the project to delete the zeros, reinstate the currency and get out of monetary sanctions on the dinar. ...As investors we must realize that these events must be coordinated and work simultaneously to get us to the banks to exchange our dinar. This is the bottom line for us.
4-24-2020 Newshound Guru Adam Montana Article: "The Iraqi Stock Exchange announces the resumption of trading next Sunday 22nd April, 2020" ... the Iraqi Stock Exchange had a short pause, but they are obviously back at it. Neither Ramadan nor 'Rona is stopping this train! ...This is nothing short of incredible, that the price of OIL can drop to negative and the world basically shuts down, yet the IQD Train keeps on chugging...
4-24-2020 Newshound Guru Kaperoni The last two days has been interesting since members of the Parliamentary Finance Committee have come out and stressed the need to diversify the economy as a result of low oil prices. Maybe this is the kick in the butt they need.
4-24-2020 Newshound/Intel Guru Mnt Goat ...The lull in the demonstrations over the COVID 19 virus is about to end and they know it. Now it the time to get the matters of forming the new government settled and moving ahead. The price of oil surely does not do any good in this process and only adds to the crisis. ...So, now I want to add that all is not lost for us investors in the Iraqi dinar. Things may look very gloomy and certainly they are... But we know from the past too that if certain elements (namely oil revenues, economic independence and political stability) can be achieved this country can very quickly rebound and in a matter of short time turn all this around...
4-24-2020 Newshound Guru Pimpy ...it looks like there's a green light for our boy Al-Kazemi. It looks like it's going to happen. We know that this next Tuesday they're going to vote on whether or not Kazemi will be the PM and if they will pass his cabinet. I told you they're most likely gonna do this and why is that? ...we know if they don't pass Al-Kazemi this time the president of Iraq constitutionally has a right to dissolve the parliament. That takes away any power that Iran had as far as the influence over Iraq. They don't want that to happen. They're not going to allow the parliament to be dissolved...
4-24-2020 Intel Guru MarkZ [via PDK] Today’s news from Iraq sources …from my guys on the ground, I am being told that lower denominations hit early yesterday and that they are forbidding any purchases with the US dollar. Forcing them to exchange… This is exciting. As to what is an expected time I am hearing anytime from Sunday to Wednesday is what they are hoping for. We have been here before so we are going to cross our fingers and hope this is dead on. They are definitely positioning for it. I am trying to get them to send me digital pictures of them smuggled out...
4-24-2020 Newshound Guru Jeff ...the pricing index shows it's one-to-one right now on the background yet we haven't seen a rate change occur while it's at one-to-one. So the value is most likely going to be where Kuwait is at the second step. Probably greater than Kuwait.
4-24-2020 Intel Guru Footforward ...Z [Adnan Alzurfi] posted a very cryptic tweet..."The country is no longer stolen, they formed the government and comforted people." ...it kind of gives you the idea that Iraq is now free... and kind of gives you the idea that the government has been voted in although no one has confirmed that...
4-24-2020 Newshound Guru Adam Montana Article: "A source for «Economy News»: Iraq adopts the price of $30 a barrel of oil in the budget for the year 2020" To me, that actually seems realistic. Achievable. And it's a number they can work with! An interesting point regarding the oil and the value of IQD is this: the price per barrel is not nearly as important, for the value of their currency, as the amount they have in the ground. Also, it's not just "oil" that counts here - natural gas is important as well. Iraq has plenty, and until the world stops using OIL, Iraq will have a rightful place at the table.
4-24-2020 Newshound/Intel Guru Mnt Goat ...surely with all the oil revenues, CBI reserves and what economy they do have, the currency is worthy of a higher value even now. No one can argue this point. But they can not raise the value until they also can conduct the project to delete the zeros, reinstate the currency and get out of monetary sanctions on the dinar. ...As investors we must realize that these events must be coordinated and work simultaneously to get us to the banks to exchange our dinar. This is the bottom line for us.
4-24-2020 Newshound Guru Adam Montana Article: "The Iraqi Stock Exchange announces the resumption of trading next Sunday 22nd April, 2020" ... the Iraqi Stock Exchange had a short pause, but they are obviously back at it. Neither Ramadan nor 'Rona is stopping this train! ...This is nothing short of incredible, that the price of OIL can drop to negative and the world basically shuts down, yet the IQD Train keeps on chugging...
4-24-2020 Newshound Guru Kaperoni The last two days has been interesting since members of the Parliamentary Finance Committee have come out and stressed the need to diversify the economy as a result of low oil prices. Maybe this is the kick in the butt they need.
4-24-2020 Newshound/Intel Guru Mnt Goat ...The lull in the demonstrations over the COVID 19 virus is about to end and they know it. Now it the time to get the matters of forming the new government settled and moving ahead. The price of oil surely does not do any good in this process and only adds to the crisis. ...So, now I want to add that all is not lost for us investors in the Iraqi dinar. Things may look very gloomy and certainly they are... But we know from the past too that if certain elements (namely oil revenues, economic independence and political stability) can be achieved this country can very quickly rebound and in a matter of short time turn all this around...
4-24-2020 Newshound Guru Pimpy ...it looks like there's a green light for our boy Al-Kazemi. It looks like it's going to happen. We know that this next Tuesday they're going to vote on whether or not Kazemi will be the PM and if they will pass his cabinet. I told you they're most likely gonna do this and why is that? ...we know if they don't pass Al-Kazemi this time the president of Iraq constitutionally has a right to dissolve the parliament. That takes away any power that Iran had as far as the influence over Iraq. They don't want that to happen. They're not going to allow the parliament to be dissolved...
4-24-2020 Intel Guru MarkZ [via PDK] Today’s news from Iraq sources …from my guys on the ground, I am being told that lower denominations hit early yesterday and that they are forbidding any purchases with the US dollar. Forcing them to exchange… This is exciting. As to what is an expected time I am hearing anytime from Sunday to Wednesday is what they are hoping for. We have been here before so we are going to cross our fingers and hope this is dead on. They are definitely positioning for it. I am trying to get them to send me digital pictures of them smuggled out...
4-24-2020 Newshound Guru Jeff ...the pricing index shows it's one-to-one right now on the background yet we haven't seen a rate change occur while it's at one-to-one. So the value is most likely going to be where Kuwait is at the second step. Probably greater than Kuwait.
4-24-2020 Intel Guru Footforward ...Z [Adnan Alzurfi] posted a very cryptic tweet..."The country is no longer stolen, they formed the government and comforted people." ...it kind of gives you the idea that Iraq is now free... and kind of gives you the idea that the government has been voted in although no one has confirmed that...
4-24-2020 Newshound Guru Adam Montana Article: "A source for «Economy News»: Iraq adopts the price of $30 a barrel of oil in the budget for the year 2020" To me, that actually seems realistic. Achievable. And it's a number they can work with! An interesting point regarding the oil and the value of IQD is this: the price per barrel is not nearly as important, for the value of their currency, as the amount they have in the ground. Also, it's not just "oil" that counts here - natural gas is important as well. Iraq has plenty, and until the world stops using OIL, Iraq will have a rightful place at the table.
4-23-2020 Intel Guru MarkZ [via PDK] [I read on Dinar Guru that you changed your opinion on a possible time frame from mid May to an earlier date…why was that?] ...Because of the crash of the oil markets. So I am saying it could be earlier now...when the oil market imploded the Petro dollar is supported by transactions in oil. Now there are no transactions in oil so no money velocity for the US dollar. This means the US dollar is very precarious and could fail at any moment. What it does if they are not prepared to pull the trigger immediately or has already pulled we could see anarchy. We could see the fall of America. It could cease to exist. If they don’t get it done before the crash happens it could be like when the Soviet Union collapsed and became just Russia and all the Baltic states became their own countries again. So because of the oil crash they are trying to get it out sooner now and avoid all that.
4-23-2020 Newshound Guru Adam Montana OIL rocked our world over the last 7 days...there was an unprecedented...situation where WTI (OIL) went to $0, then negative. This has NEVER HAPPENED BEFORE. EVER. I even posted in a recent update that "oil will never be free", and the markets proved me wrong...because for a short window, negative prices means OIL was even better than free! :lol: Not that we could ever get paid to fill up our tanks, but I can admit when I am wrong. ...Today is the general start of Ramadan. In years past, I have always maintained the opinion that "nothing happens during Ramadan". I also stated that "oil will never be free", and I was wrong about that! I'm not going to say "two wrongs make a right", but this is a unique situation. The most unique, ever, in the history of the world, in fact. We are witnessing a financial shakeup never before seen, and barely even imagined. What is happening right now is so off-the-charts unexpected that I'm going to retract my former opinion...maybe something will get done during Ramadan!
4-23-2020 Newshound Guru Jeff Adnan Al-Zurfi just Tweeted on April 21st "The country is no longer stolen, they formed the government and comforted the people." ...99% of the media is all frickin lies. You want proof? Here you go. This guy was the former Prime Minister designate before the current one and he's telling you it's done and complete.
4-23-2020 Intel Guru Frank26 I don't know...but we do know that the ultimate goal is for e-commerce...the other goal is to position the Iraqi dinar with the three slots open that can all of a sudden add value to the Iraqi dinar...the 26th is when we're gonna get a better understanding of what they really did with this 1000% increase in the index value of the Iraqi dinar and the Iraqi Stock Exchange...this was a very strange move...This is a move by the Iraqi Stock Exchange in my opinion that is done before they reopen to combat speculators...it seems to me that what the Iraqi Stock Exchange on Monday did has let the secret out of the bag... [Post 2 of 2]
4-23-2020 Intel Guru Frank26 ...on Monday, actually it was Sunday, they said according to the Iraqi Dinar Index that they had increased...what was the 1000% increase for? ...deleting the zeros that's what we think it is for...They told everybody at the beginning of this month [April], 'We're closing down because of the coronavirus.' Today they tell everybody they're going to open back up on the 26th but not the floor only the e-commerce trading. They could have done the same thing on the beginning of the month. They closed the door so that you couldn't see what they were doing with their mathematics of whatever this index is about. [Post 1 of 2....stay tuned]]
4-23-2020 Intel Guru MarkZ [via PDK] I was told that some dates are being “leaked” to create smoke and that the exact date has not been decided on yet because of the logistic issues…But they are trying to speed up the roll out.
I am also being told they believe they have the oil market stabilized for now which gives them a few more days to work on those logistics. I also have some sources saying it’s this morning, it’s tonight, it’s tomorrow…but I don’t think those logistics have been worked out yet. So we keep watching for solid news. We know we are closer day by day but we can’t count on it until money is in our bank accounts...we just have to wait it out guys. It’s always been a “when” not an “if”...
4-23-2020 Newshound Guru Pimpy Article "The Iraqi Stock Exchange announced the resumption of trading this next Saturday", "...the board of governors decided to resume the activity of stock trading as of Sunday April 26..."
4-23-2020 Newshound Guru Jeff ...IMO because Iraq started the rate change process on March 17th that means they cannot turn the ISX back on until the rate change process has completed...and then about a week and a half ago I told you my opinion that they would resume the ISX and turn it on around Sunday April 26th. We got that confirmed...in the news just a few days later. They told us factually that yes they're going to reinstate the ISX on Sunday the 26th. They're basically telling us that because they shut the ISX down due to an impending rate change they kind of confirmed that they cannot reinstate the ISX until the rate has changed.
4-23-20 Newshound Guru Kaperoni ...there are no exchange centers, 800#s or cash in places...If and when the dinar ever begins to rise in value, IMO you will have to create a bank account with a currency broker (market maker) or some ECN (An ECN broker is a Forex financial expert who uses such a network to provide its clients direct access to other participants in the market) and manage it like any other foreign currency... [check with your financial advisor at the appropriate time.]
4-23-2020 Newshound Guru Adam Montana OIL rocked our world over the last 7 days...there was an unprecedented...situation where WTI (OIL) went to $0, then negative. This has NEVER HAPPENED BEFORE. EVER. I even posted in a recent update that "oil will never be free", and the markets proved me wrong...because for a short window, negative prices means OIL was even better than free! :lol: Not that we could ever get paid to fill up our tanks, but I can admit when I am wrong. ...Today is the general start of Ramadan. In years past, I have always maintained the opinion that "nothing happens during Ramadan". I also stated that "oil will never be free", and I was wrong about that! I'm not going to say "two wrongs make a right", but this is a unique situation. The most unique, ever, in the history of the world, in fact. We are witnessing a financial shakeup never before seen, and barely even imagined. What is happening right now is so off-the-charts unexpected that I'm going to retract my former opinion...maybe something will get done during Ramadan!
4-23-2020 Newshound Guru Jeff Adnan Al-Zurfi just Tweeted on April 21st "The country is no longer stolen, they formed the government and comforted the people." ...99% of the media is all frickin lies. You want proof? Here you go. This guy was the former Prime Minister designate before the current one and he's telling you it's done and complete.
4-23-2020 Intel Guru Frank26 I don't know...but we do know that the ultimate goal is for e-commerce...the other goal is to position the Iraqi dinar with the three slots open that can all of a sudden add value to the Iraqi dinar...the 26th is when we're gonna get a better understanding of what they really did with this 1000% increase in the index value of the Iraqi dinar and the Iraqi Stock Exchange...this was a very strange move...This is a move by the Iraqi Stock Exchange in my opinion that is done before they reopen to combat speculators...it seems to me that what the Iraqi Stock Exchange on Monday did has let the secret out of the bag... [Post 2 of 2]
4-23-2020 Intel Guru Frank26 ...on Monday, actually it was Sunday, they said according to the Iraqi Dinar Index that they had increased...what was the 1000% increase for? ...deleting the zeros that's what we think it is for...They told everybody at the beginning of this month [April], 'We're closing down because of the coronavirus.' Today they tell everybody they're going to open back up on the 26th but not the floor only the e-commerce trading. They could have done the same thing on the beginning of the month. They closed the door so that you couldn't see what they were doing with their mathematics of whatever this index is about. [Post 1 of 2....stay tuned]]
4-23-2020 Intel Guru MarkZ [via PDK] I was told that some dates are being “leaked” to create smoke and that the exact date has not been decided on yet because of the logistic issues…But they are trying to speed up the roll out.
I am also being told they believe they have the oil market stabilized for now which gives them a few more days to work on those logistics. I also have some sources saying it’s this morning, it’s tonight, it’s tomorrow…but I don’t think those logistics have been worked out yet. So we keep watching for solid news. We know we are closer day by day but we can’t count on it until money is in our bank accounts...we just have to wait it out guys. It’s always been a “when” not an “if”...
4-23-2020 Newshound Guru Pimpy Article "The Iraqi Stock Exchange announced the resumption of trading this next Saturday", "...the board of governors decided to resume the activity of stock trading as of Sunday April 26..."
4-23-2020 Newshound Guru Jeff ...IMO because Iraq started the rate change process on March 17th that means they cannot turn the ISX back on until the rate change process has completed...and then about a week and a half ago I told you my opinion that they would resume the ISX and turn it on around Sunday April 26th. We got that confirmed...in the news just a few days later. They told us factually that yes they're going to reinstate the ISX on Sunday the 26th. They're basically telling us that because they shut the ISX down due to an impending rate change they kind of confirmed that they cannot reinstate the ISX until the rate has changed.
4-23-20 Newshound Guru Kaperoni ...there are no exchange centers, 800#s or cash in places...If and when the dinar ever begins to rise in value, IMO you will have to create a bank account with a currency broker (market maker) or some ECN (An ECN broker is a Forex financial expert who uses such a network to provide its clients direct access to other participants in the market) and manage it like any other foreign currency... [check with your financial advisor at the appropriate time.]
4-22-2020 *** Dinar Guru Update *** There's a lot of buzz about the History of the Central Bank of Iraq video below. Why did the CBI release this video? Who's the video for? U.S. investors? Iraqi citizens? Is the purpose to reassure investors that the CBI is a safe and reliable bank to deal with? Or is the purpose to reassure the citizens of Iraq that the CBI is strong and new notes are coming? The timing of release is very interesting. The production date at the end says 2019 so it's a new release..... Stay tuned as the gurus chime in on the significance of the video. the latest guru posts will continue below...
4-22-2020 Newshound Guru Adam Montana I won't pretend to know how long it will take to reach a conclusion, but I am positive it will... and at the end of it, those who control the oil will still have the leverage to be powerful, valuable, and rich. Despite COVID, despite ISIS, despite elections and tsunamis and fads that are here today and gone tomorrow... Iraq has, in it's physical possession, a majority of THE commodity that is never in our lifetime going to be "worthless". We are in a good spot, holding little pieces of that commodity in the form of their currency, when all of the imaginary "value" in the world is so uncertain. [post 2 of 2]
4-22-2020 Newshound Guru Adam Montana By now you've surely heard about the OIL markets... OIL, and the wealth it creates and sustains, will not be removed from our world anytime soon. OIL will remain part of our lives. Therefore, Iraq will not slide into oblivion...nor will it's bank accounts. I'm not worried about the dinar - we know it's going to increase in value, even though we don't know what will happen between now and then, and we don't know if "then" is tomorrow or June or next year. We are in the middle of a massive shakeup. [post 1 of 2....stay tuned]
4-22-2020 Intel Guru Bruce [via WiserNow] I’m going to say this – Can I tell exactly when this is going to go? NO – Do they want us to know when this is going to happen? NO they don’t – even though we’re hearing Tuesday – Wednesday - Thursday – we can write off Tuesday...tomorrow [Wednesday]? It’s in play - Thursday? It’s in play – I think Friday is even in play – so let’s keep that in mind. ...we know we’re getting closer and closer everyday with everything that’s happening – and now that oil has crashed – that’s one more thing that needed to happen...we are still in that window of possibility... I think we’re going to have good news soon...
4-22-2020 Newshound Guru Adam Montana Article: "The Worst Is Yet To Come For Oil Prices" Quote: “This inflection will play out in a matter of weeks, not months, with the market likely forced to balance before June,” Goldman analysts warned. In other words, the U.S. oil industry could lose several million barrels per day in the next few weeks in what Goldman analysts called a “violent rebalancing.” And just like that - we live in a new world. This might be THE strongest case I've ever seen for a GCR. I'm still not a proponent of a full GCR, but the evidence and situation details just keep piling on... this is wild.
4-22-2020 Intel Guru MarkZ [via PDK] I am...told they are having a difficult time coming to grips and setting a firm, in concrete schedule...because of different restrictions in each state and getting the different Governors to agree...giving permission to travel and take care of (exchange)... I am told this is a nightmare they are working through...They are working at a feverish rate to make a compromise to make each governor in each state happy. My best guess, gut feeling is we will see more around Friday and they will have a pretty solid schedule worked out.
4-22-2020 Intel Guru Delta ...the CBI is acting very strange...and then April the 13th they did basically update the Index of the Iraqi Stock Exchange. They shut down on March 16th their Index was 442.6. The Central Bank of Iraq looks like when they updated that they added about a thousand, forty seven points. Now they are, if I'm not mistaken, close to 462,380. So when you do the math it looks like they did delete the zeros and based on that chart [CBI's ISX Price Index] IMO I might be wrong...it went up a thousand times...it looks like the one-to-one ratio is done...
4-22-2020 Newshound Guru Kaperoni ...I do believe the dinar will appreciate in value, unfortunately I cannot predict when Iraq will get their act together create the conditions for a successful market economy and private sector. Which I believe is necessary. So we wait.
4-22-2020 Newshound Guru Kaperoni How many of you have seen the video that came out 10 days ago that talks about the history of the dinar? ... I believe the videos real intention is just to build confidence in the banking system. Nothing more. [You can see the CBI video for yourself above.]
4-22-2020 Newshound Guru Adam Montana By now you've surely heard about the OIL markets... OIL, and the wealth it creates and sustains, will not be removed from our world anytime soon. OIL will remain part of our lives. Therefore, Iraq will not slide into oblivion...nor will it's bank accounts. I'm not worried about the dinar - we know it's going to increase in value, even though we don't know what will happen between now and then, and we don't know if "then" is tomorrow or June or next year. We are in the middle of a massive shakeup. [post 1 of 2....stay tuned]
4-22-2020 Intel Guru Bruce [via WiserNow] I’m going to say this – Can I tell exactly when this is going to go? NO – Do they want us to know when this is going to happen? NO they don’t – even though we’re hearing Tuesday – Wednesday - Thursday – we can write off Tuesday...tomorrow [Wednesday]? It’s in play - Thursday? It’s in play – I think Friday is even in play – so let’s keep that in mind. ...we know we’re getting closer and closer everyday with everything that’s happening – and now that oil has crashed – that’s one more thing that needed to happen...we are still in that window of possibility... I think we’re going to have good news soon...
4-22-2020 Newshound Guru Adam Montana Article: "The Worst Is Yet To Come For Oil Prices" Quote: “This inflection will play out in a matter of weeks, not months, with the market likely forced to balance before June,” Goldman analysts warned. In other words, the U.S. oil industry could lose several million barrels per day in the next few weeks in what Goldman analysts called a “violent rebalancing.” And just like that - we live in a new world. This might be THE strongest case I've ever seen for a GCR. I'm still not a proponent of a full GCR, but the evidence and situation details just keep piling on... this is wild.
4-22-2020 Intel Guru MarkZ [via PDK] I am...told they are having a difficult time coming to grips and setting a firm, in concrete schedule...because of different restrictions in each state and getting the different Governors to agree...giving permission to travel and take care of (exchange)... I am told this is a nightmare they are working through...They are working at a feverish rate to make a compromise to make each governor in each state happy. My best guess, gut feeling is we will see more around Friday and they will have a pretty solid schedule worked out.
4-22-2020 Intel Guru Delta ...the CBI is acting very strange...and then April the 13th they did basically update the Index of the Iraqi Stock Exchange. They shut down on March 16th their Index was 442.6. The Central Bank of Iraq looks like when they updated that they added about a thousand, forty seven points. Now they are, if I'm not mistaken, close to 462,380. So when you do the math it looks like they did delete the zeros and based on that chart [CBI's ISX Price Index] IMO I might be wrong...it went up a thousand times...it looks like the one-to-one ratio is done...
4-22-2020 Newshound Guru Kaperoni ...I do believe the dinar will appreciate in value, unfortunately I cannot predict when Iraq will get their act together create the conditions for a successful market economy and private sector. Which I believe is necessary. So we wait.
4-22-2020 Newshound Guru Kaperoni How many of you have seen the video that came out 10 days ago that talks about the history of the dinar? ... I believe the videos real intention is just to build confidence in the banking system. Nothing more. [You can see the CBI video for yourself above.]
4-21-2020 Intel Guru MarkZ [Will the oil implosion lower the value of the dinar?] the revaluation of the dinar has been scheduled about over a 100 year period. Meaning the pay back with oil credits will be over a long time. Oil prices will not stay that depressed for that long. If anything it should increase the value of the dinar. Iraq has the lowest cost per barrel for getting it out of the ground.
4-21-2020 Newshound Guru Pimpy ...I'm here to keep everyone grounded...this is interesting here [General Price Index]...this does absolutely look exciting. Do you think I wouldn't be excited if this is accurate? Of course it would be excited because it looks like the value has increased one thousand fold. And, yes, I do see the comma [462,830]...But...is it possible that this was meant to be a decimal [462.830] by mistake was put there a comma and a correction will come later? ...this was done in February. What month are we in? April. We know for a fact that march they suspended and stopped the action on the ISX...March is done...do you think somebody's going to let that type of cat out of the bag? Do you really think that this is legitimate? Could be. But seems to me we would have heard a lot more about it...you would see mad amount of people, investors, fund managers, all kinds of people running just buying out the dinar...could this just be another glitch in the system that needs to be corrected? ...again I'm here to keep you guys as grounded as possible...let's hope this is accurate...I think that would put us around if I'm not mistaken about $1.13 - $1.34...I would love that because that would make me look like a freaking genius...[but] the Central Bank of Iraq has made boo-boos before...
4-21-2020 Newshound/Intel Guru RVAlready Iraq parliament put itself between its own extinction and bankruptcy via oil and civic. If they had finished the RV two months back, they would not be in this position. Their desire to hold everything up may cost them their job. I just cannot imagine Iraq going until November with no budget, no RV, and little oil income. I think they will be desperate for the RV at the earliest opportunity.
4-21-2020 Newshound Guru Jeff ...the decimal point has moved. Iraq has basically dropped the zeros off the exchange rate. That's why they're showing you that the value of these stocks [CBI's ISX Price Index} have jumped from being worth in the millions to the billions. They transitioned to kind of a one-to-one...I told you that Iraq had already started the rate change process as of March 17th. You're now in the 6th week and I told you that the exchange rate has only changed on the accounting books not in the public realm. None of this is public not even in country...This is more proof right here because the overall combined value of these companies' shares have transitioned from millions to billions and there's no way that these companies could have just done so magically...just because they do really good in the business world. That's just the most asinine logic I've ever heard...the movement of the price index is showing you that the companies jumped in combined share value from millions to billions because they deleted the zeros off that exchange rate...
4-21-2020 Intel Guru MarkZ Yesterday I told you I was looking for the reset in Mid-May. I may have to revise that estimate for sooner…There are a number of emergency meetings being called as we speak. I am expecting a lot of shaking of the trees today as they try to speed things up. Oil went negative yesterday. A 305% drop in the value of oil. It took a dive right out of the gate and futures were exploding. This happened much sooner than I thought it would…things are coming together quicker that I thought they would... Everybody right now is in scramble mode to figure out how to speed up the roll out of this. I am having to change my expected time as to when we could revalue now. Sooner than May 15th. Banking sources still say RV at anytime…..Government sources were saying by May 15th…..but after yesterday…all bets are off.
4-21-2020 Intel/Newshound Guru Frank26 ...the Iraqi Stock Exchange...it is a mechanism ...what they did IMO is they made an announcement that the index value of the Iraqi dinar had gone up about a thousand percent...they did something to do something. If it was 10% up - okay, you removed one zero. If it was 100% increase - okay, you removed two zeros. It was a 1000% increase - that's three zeros. In other words when they raised the value of the index of the currency of Iraq is now poised and set to be at one-to-one with the American dollar...I hope you understand there was a percentile increase in the index of the Iraqi dinar currency for its stocks that was officially announced to the international world...the Iraqi stock exchange has made a change...
4-21-2020 Newshound Guru Jeff ...from the ISX website they're clearly telling us they have full intentions of resuming the ISX as of Sunday April 26th...they shut down the financial markets around 3-17. No one can deny or argue that the rate change process started. It's blatantly obvious...why is this taking so long? Everybody just thinks it's a 'magical just change of a rate' and done...the reason this whole thing is taking six weeks is because they have multiple step that they have to complete to get the rate changed.
4-21-2020 Newshound/Intel Guru Mnt Goat We know there has been and still is an ongoing effort by the US to cut off Iran from Iraq. ...unless this happens we will see no RV (reinstatement). So now we see the militias backing down...and we read about the lack of agriculture imports from Iran as Iraq is now growing their own foods. Now we see the electricity cutoff too something we also have been reading about for years when GE and Semans had contracts to rebuild the power stations and get them back online. We...also see the enforcement of the new currency auction procedures which is hoped to prevent funds from going to Iran. This is all very good for us...
4-21-2020 Intel Guru Footforward Wow...Black monday? Referring to oil. [I'm no expert at all, but are we witnessing a flash crash?] I don't know for sure, but either way this puts pressure on Iraq.
4-21-2020 Newshound Guru Pimpy ...I'm here to keep everyone grounded...this is interesting here [General Price Index]...this does absolutely look exciting. Do you think I wouldn't be excited if this is accurate? Of course it would be excited because it looks like the value has increased one thousand fold. And, yes, I do see the comma [462,830]...But...is it possible that this was meant to be a decimal [462.830] by mistake was put there a comma and a correction will come later? ...this was done in February. What month are we in? April. We know for a fact that march they suspended and stopped the action on the ISX...March is done...do you think somebody's going to let that type of cat out of the bag? Do you really think that this is legitimate? Could be. But seems to me we would have heard a lot more about it...you would see mad amount of people, investors, fund managers, all kinds of people running just buying out the dinar...could this just be another glitch in the system that needs to be corrected? ...again I'm here to keep you guys as grounded as possible...let's hope this is accurate...I think that would put us around if I'm not mistaken about $1.13 - $1.34...I would love that because that would make me look like a freaking genius...[but] the Central Bank of Iraq has made boo-boos before...
4-21-2020 Newshound/Intel Guru RVAlready Iraq parliament put itself between its own extinction and bankruptcy via oil and civic. If they had finished the RV two months back, they would not be in this position. Their desire to hold everything up may cost them their job. I just cannot imagine Iraq going until November with no budget, no RV, and little oil income. I think they will be desperate for the RV at the earliest opportunity.
4-21-2020 Newshound Guru Jeff ...the decimal point has moved. Iraq has basically dropped the zeros off the exchange rate. That's why they're showing you that the value of these stocks [CBI's ISX Price Index} have jumped from being worth in the millions to the billions. They transitioned to kind of a one-to-one...I told you that Iraq had already started the rate change process as of March 17th. You're now in the 6th week and I told you that the exchange rate has only changed on the accounting books not in the public realm. None of this is public not even in country...This is more proof right here because the overall combined value of these companies' shares have transitioned from millions to billions and there's no way that these companies could have just done so magically...just because they do really good in the business world. That's just the most asinine logic I've ever heard...the movement of the price index is showing you that the companies jumped in combined share value from millions to billions because they deleted the zeros off that exchange rate...
4-21-2020 Intel Guru MarkZ Yesterday I told you I was looking for the reset in Mid-May. I may have to revise that estimate for sooner…There are a number of emergency meetings being called as we speak. I am expecting a lot of shaking of the trees today as they try to speed things up. Oil went negative yesterday. A 305% drop in the value of oil. It took a dive right out of the gate and futures were exploding. This happened much sooner than I thought it would…things are coming together quicker that I thought they would... Everybody right now is in scramble mode to figure out how to speed up the roll out of this. I am having to change my expected time as to when we could revalue now. Sooner than May 15th. Banking sources still say RV at anytime…..Government sources were saying by May 15th…..but after yesterday…all bets are off.
4-21-2020 Intel/Newshound Guru Frank26 ...the Iraqi Stock Exchange...it is a mechanism ...what they did IMO is they made an announcement that the index value of the Iraqi dinar had gone up about a thousand percent...they did something to do something. If it was 10% up - okay, you removed one zero. If it was 100% increase - okay, you removed two zeros. It was a 1000% increase - that's three zeros. In other words when they raised the value of the index of the currency of Iraq is now poised and set to be at one-to-one with the American dollar...I hope you understand there was a percentile increase in the index of the Iraqi dinar currency for its stocks that was officially announced to the international world...the Iraqi stock exchange has made a change...
4-21-2020 Newshound Guru Jeff ...from the ISX website they're clearly telling us they have full intentions of resuming the ISX as of Sunday April 26th...they shut down the financial markets around 3-17. No one can deny or argue that the rate change process started. It's blatantly obvious...why is this taking so long? Everybody just thinks it's a 'magical just change of a rate' and done...the reason this whole thing is taking six weeks is because they have multiple step that they have to complete to get the rate changed.
4-21-2020 Newshound/Intel Guru Mnt Goat We know there has been and still is an ongoing effort by the US to cut off Iran from Iraq. ...unless this happens we will see no RV (reinstatement). So now we see the militias backing down...and we read about the lack of agriculture imports from Iran as Iraq is now growing their own foods. Now we see the electricity cutoff too something we also have been reading about for years when GE and Semans had contracts to rebuild the power stations and get them back online. We...also see the enforcement of the new currency auction procedures which is hoped to prevent funds from going to Iran. This is all very good for us...
4-21-2020 Intel Guru Footforward Wow...Black monday? Referring to oil. [I'm no expert at all, but are we witnessing a flash crash?] I don't know for sure, but either way this puts pressure on Iraq.
4-20-2020 Newshound Guru Pimpy ...General price index of the Iraq Stock Exchange - all you're looking at is the average weighted performances of all the stocks listed on the ISX for Iraq. That's all it is. For me as a stockholder I love it because the more it increases in value the more valuable my stocks are... [Reference Guru Jeff's 4-20-2019 post below]
4-20-2020 Intel/Newshound Guru Frank26 Question "Is the RI arriving or is it approaching?" It's arrived and it is with the CBI. It was brought to the CBI by the fab Four and IMO by the pressure from the United States of America that has just recently been put on about a little over a month ago now. And it awaits a fully seated government that can present this new currency - this new rate for their economic crisis...the only reason the reinstatement has arrived at the CBI is because of what Donald Trump did recently...
4-20-2020 Newshound/Intel Guru tman23 their coffers were low and now running dry...by law operating on a past budget since their parliament can’t seem to get a quorum and function...so now paychecks will be rationed or simply cut off...they are in dire straights...they have nowhere to turn to borrow...Wells have dried up...Pun intended... so in past they complained about the costs of printing new money...so either they got it printed and ready and if they don’t...rut roe...but I believe they have plans to release before June...second semester of financial year they can change...But never in the middle or middle of a quarter... if anyone recalls when Shabibi was talking first of the year they always put the delay date to June.
4-20-2020 Intel Guru MarkZ ...I am hearing that it will be mid-May now for the roll-out...Banking contacts, of course still insist its tomorrow….but government sources now say mid-May...only 3 weeks away...at this point I would tend to believe my government contacts over my banking contacts...but they have to keep the bankers keyed up and ready for when it is time. I understand the reason for the misinformation...
4-20-2020 Newshound Guru Jeff ...something significant has happened on the CBI website...what does it mean to 'delete the zeros'? ...it does not mean removing or withdrawing from circulation. It's referring to deleting the zeros in the exchange rate. .00084 is the value of the US dollar against the dinar...if we took the zeros off the exchange rate it would become .84 ...overall I call this a rate change process and it's taking roughly 5 weeks. Why would it take so long? This was a multi-step process...[CBI website: General Price Index of ISX] Iraq Stock Exchange...transitioned from millions to billions...this new change structure was posted as of 4-13 of 2020...based on the math the dinar is currently about 80 cents range...General index means it gauges a change in purchase power against the value of whatever currency it's reference...
4-20-2020 Newshound Guru BobTheTaxMan ...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.)
4-20-2020 Newshound Guru Pimpy In June the IMF, The World Bank, The United Nations and America are going to be meeting with the government and hopefully this new government of Iraq. The reason why to me this is interesting, these are all the key players, the big dogs, that need to decide on whether or not to remove the currency restriction that's on Iraq. Will they find that this government is stable? Will they feel confident in it? Will they remove the sanctions/restrictions on their currency and allow it to go ahead and be recognized internationally again? ...We need that to happen. I'm hoping it does because it's gonna bring a ton of speculator out of the woodwork to come and invest into this currency knowing that there is a ton of possible development in Iraq. So let's hope when they are recognized internationally that we see them immediately on the Forex trading at the rate we want to see them trading at...
4-20-2020 Intel/Newshound Guru Frank26 Question "Is the RI arriving or is it approaching?" It's arrived and it is with the CBI. It was brought to the CBI by the fab Four and IMO by the pressure from the United States of America that has just recently been put on about a little over a month ago now. And it awaits a fully seated government that can present this new currency - this new rate for their economic crisis...the only reason the reinstatement has arrived at the CBI is because of what Donald Trump did recently...
4-20-2020 Newshound/Intel Guru tman23 their coffers were low and now running dry...by law operating on a past budget since their parliament can’t seem to get a quorum and function...so now paychecks will be rationed or simply cut off...they are in dire straights...they have nowhere to turn to borrow...Wells have dried up...Pun intended... so in past they complained about the costs of printing new money...so either they got it printed and ready and if they don’t...rut roe...but I believe they have plans to release before June...second semester of financial year they can change...But never in the middle or middle of a quarter... if anyone recalls when Shabibi was talking first of the year they always put the delay date to June.
4-20-2020 Intel Guru MarkZ ...I am hearing that it will be mid-May now for the roll-out...Banking contacts, of course still insist its tomorrow….but government sources now say mid-May...only 3 weeks away...at this point I would tend to believe my government contacts over my banking contacts...but they have to keep the bankers keyed up and ready for when it is time. I understand the reason for the misinformation...
4-20-2020 Newshound Guru Jeff ...something significant has happened on the CBI website...what does it mean to 'delete the zeros'? ...it does not mean removing or withdrawing from circulation. It's referring to deleting the zeros in the exchange rate. .00084 is the value of the US dollar against the dinar...if we took the zeros off the exchange rate it would become .84 ...overall I call this a rate change process and it's taking roughly 5 weeks. Why would it take so long? This was a multi-step process...[CBI website: General Price Index of ISX] Iraq Stock Exchange...transitioned from millions to billions...this new change structure was posted as of 4-13 of 2020...based on the math the dinar is currently about 80 cents range...General index means it gauges a change in purchase power against the value of whatever currency it's reference...
4-20-2020 Newshound Guru BobTheTaxMan ...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.)
4-20-2020 Newshound Guru Pimpy In June the IMF, The World Bank, The United Nations and America are going to be meeting with the government and hopefully this new government of Iraq. The reason why to me this is interesting, these are all the key players, the big dogs, that need to decide on whether or not to remove the currency restriction that's on Iraq. Will they find that this government is stable? Will they feel confident in it? Will they remove the sanctions/restrictions on their currency and allow it to go ahead and be recognized internationally again? ...We need that to happen. I'm hoping it does because it's gonna bring a ton of speculator out of the woodwork to come and invest into this currency knowing that there is a ton of possible development in Iraq. So let's hope when they are recognized internationally that we see them immediately on the Forex trading at the rate we want to see them trading at...
4-19-2020 Intel/Newshound Guru tman23 we all agree it is just pure speculation. And no banking institution will ever give a sign that there will be an increase in value, which is common sense to why that is the standard...optimistic that a change is coming only because of current world economic conditions...my hesitation had always been the 3 zeros on the physical currency itself...and this statement from a CBI meeting in Dubai...2 years ago...the new currency must come first as a prelude to the lifting of the 3 zeroes from the currency ...that statement is embedded in my head. THE NEW CURRENCY MUST COME FIRST AS A PRELUDE TO LIFTING THE 3 ZEROS FROM THE CURRENCY...so certainly sounds like new currency first and then not accounting the 3 zeros at time of exchange...why my thought had always been...exchange period for a short timeframe with 3 zero notes...and those holding for bigger gains on a float...good luck...of course just my opinion as another scenario.
4-19-2020 Newshound Guru Pimpy ...oops there was an auction today and no this one doesn't have a retro back date like the other ones. So all that chatter about all the auctions not happening really in April these are from March...looks to me like that most likely has changed...they still are not auctioning off their physical US dollars...
4-19-2020 Intel Guru Frank26 Question: "Would you say the video [CBI History Video] they have been showing on television [Iraqi TV] is our 'second article'?" Without a doubt. It is part of the history...it's very powerful and I'm very excited about it...the majority of the population of Iraq was never around the last time their currency actually had value. That's why that video is so important right now. That was a long time ago...this history is so important because the majority of the people weren't around when all this was happening...the video was a waterfall. This video was a monsoon. This video is a downpour... The education continues before during and after the reinstatement of the Iraqi dinar. So there is no time when this video has or is going to reach its goal...the key instead is the information on the economic reform is arriving quickly dated to the citizens of Iraq now.
4-19-2020 Intel Guru Delta Article: "News about the final agreement on the cabin of the government of Mustafa Al-Kadhimi 22 ministries (Candidates for ministries between politicians and independents)." It's now decided, and the vote will be next Tuesday.
4-19-2020 Intel/Newshound/Intel Guru RVAlready At least the parliament in Iraq has to act soon. Their days of kicking the can seem about over...Hopefully, their financial situation is dire enough that they will pass the RV with haste.
4-19-2020 Intel/Newshound Guru tman23 [What is the import of such a new currency for dinarians? In your opinion.] No importance to dinar investors unless it turns to be a redenomination. But the release certainly would require a rate different than 0.00086.
4-19-2020 Newshound Guru Pimpy ...oops there was an auction today and no this one doesn't have a retro back date like the other ones. So all that chatter about all the auctions not happening really in April these are from March...looks to me like that most likely has changed...they still are not auctioning off their physical US dollars...
4-19-2020 Intel Guru Frank26 Question: "Would you say the video [CBI History Video] they have been showing on television [Iraqi TV] is our 'second article'?" Without a doubt. It is part of the history...it's very powerful and I'm very excited about it...the majority of the population of Iraq was never around the last time their currency actually had value. That's why that video is so important right now. That was a long time ago...this history is so important because the majority of the people weren't around when all this was happening...the video was a waterfall. This video was a monsoon. This video is a downpour... The education continues before during and after the reinstatement of the Iraqi dinar. So there is no time when this video has or is going to reach its goal...the key instead is the information on the economic reform is arriving quickly dated to the citizens of Iraq now.
4-19-2020 Intel Guru Delta Article: "News about the final agreement on the cabin of the government of Mustafa Al-Kadhimi 22 ministries (Candidates for ministries between politicians and independents)." It's now decided, and the vote will be next Tuesday.
4-19-2020 Intel/Newshound/Intel Guru RVAlready At least the parliament in Iraq has to act soon. Their days of kicking the can seem about over...Hopefully, their financial situation is dire enough that they will pass the RV with haste.
4-19-2020 Intel/Newshound Guru tman23 [What is the import of such a new currency for dinarians? In your opinion.] No importance to dinar investors unless it turns to be a redenomination. But the release certainly would require a rate different than 0.00086.
4-18-2020 Newshound Guru Pimpy I've really been paying attention to the Iraqi news. It's starting to look like our boy Al-Kazemi is actually going to get in there. As much as I want the parliament to be dissolved whatever benefits the Iraqi people is what matters the most...Kazami seems to be heading in the right direction. It looks like it's gonna happen and nobody seems to be opposing him at the moment. So it looks like we might have our government set. Our Prime Minister set come this next week in April. Tuesday I think they start the voting. We'll see from there...it looks like finally, finally Iraq is heading in the right direction...
4-18-2020 Intel Guru Footforward ...The auctions are stopped...the CBI...is going to be telling the citizens what is going on soon...You know I can't give you dates and really hate giving rates...but just looking at everything...I would really be surprised if it didn't happen before the end of April...I can also see why it could go into May, why it could go to June... With everything going on we maybe even looking at a higher rate because of the money that needs to be poured into economies...
4-18-2020 Newshound Guru Jeff So when the ISX goes back online the rate will have already changed...It's that easy. As of right now we do know that the ISX time period has only been extended through Saturday April 25th. Right there they're telling you that the ISX date for it to go back online and in service will be Sunday April 26th...by reinstating the ISX stock exchange on a Sunday that allows them to change and increase the exchange rate on a Sunday morning before the ISX goes back online at 10:00am Iraq time in the morning... There's only one Sunday left in the month of April after this weekend... The ISX has the handwriting all over it. [post 2 of 2]
4-18-2020 Newshound Guru Jeff ...Iraq showed you they had shut down their ISX in order to change and increase the exchange rate...This is real easy...if they have to shut down and stop the ISX to be able to change the rate that means that based on cause and effect they can't turn the ISX back on until the rate has changed. Right there they're telling you what you can look for to know exactly when the rate is gonna change. It's the ISX because they're telling you the ISX can not go back online until the rate has changed. [post 1 of 2....stay tuned]
4-18-2020 Newshound Guru Kaperoni The biggest event we may see in the next two weeks is possibly the vote and swearing in of the new Iraqi government. But time will tell if that even happens.
4-18-2020 Newshound Guru MilitiaMan Article: "Centralization and economic confrontation" Quote: "...Iraq’s problems lie In the economic solution and this solution is in the hands of the Central Bank of Iraq. Therefore, the Central must be granted freedom to implement its economic plans and procedures." They clearly state the solution is in the hands of the Central Bank! They must be granted freedom to implement its economic plans and procedures... One of the plans was to cease the Dollar Auctions and slow the private banks and money exchangers pick up the ball and run with it. The Central bank will be selling Dinar at an international level and they now have facilities in place from the IMF and the UST imo! So, it sure looks like the keys to the CBI maybe handed off to some to be determined in the near future after Alak raises the “secret” exchange rate before he heads over to the AMF top position. He won’t be handing off the keys at a program rate imo!! No way.. That is not the solution!
4-18-2020 Newshound Guru Pimpy I bank personally at Wells Fargo. I have spoken to my Wells Fargo manager and when I went to go talk to him about the Iraqi dinar the first thing he said is, 'well just let me say this first and foremost. At the moment we don't buy nor do we sell or exchange Iraqi dinar.' Then he said, 'Having said that, once it's recognized internationally again that's different. Once it's on Forex.' He said, 'You'll walk into the bank. You'll get my attention. You will let me know what you have, how much you wanted to go ahead and deposit. I will let you know what the rate is and then we just go ahead make the deposit.' There's no 800 numbers and nothing like that...
4-18-2020 Intel Guru Bruce [via WiserNow] ... I did get information from a Tier 1 banker...that indicated that their best information was saying that we would start on Tuesday 21st of April...So – I don’t want everybody to get their hopes up too high for Friday/Saturday...but I feel good because I think we’re finally to where we could start sensibly on Tuesday...I really believe that everything we’re hearing is pointing toward early next week and my feeling is it will probably be Tuesday...We have been told that Iraq was supposed to have a new and improved rate...(Wed)... we got that from our Forex guy but we do not have the new rate though...I think Iraq is just doing what they need to do to be ready for when all of this goes...
4-18-2020 Intel Guru Footforward ...The auctions are stopped...the CBI...is going to be telling the citizens what is going on soon...You know I can't give you dates and really hate giving rates...but just looking at everything...I would really be surprised if it didn't happen before the end of April...I can also see why it could go into May, why it could go to June... With everything going on we maybe even looking at a higher rate because of the money that needs to be poured into economies...
4-18-2020 Newshound Guru Jeff So when the ISX goes back online the rate will have already changed...It's that easy. As of right now we do know that the ISX time period has only been extended through Saturday April 25th. Right there they're telling you that the ISX date for it to go back online and in service will be Sunday April 26th...by reinstating the ISX stock exchange on a Sunday that allows them to change and increase the exchange rate on a Sunday morning before the ISX goes back online at 10:00am Iraq time in the morning... There's only one Sunday left in the month of April after this weekend... The ISX has the handwriting all over it. [post 2 of 2]
4-18-2020 Newshound Guru Jeff ...Iraq showed you they had shut down their ISX in order to change and increase the exchange rate...This is real easy...if they have to shut down and stop the ISX to be able to change the rate that means that based on cause and effect they can't turn the ISX back on until the rate has changed. Right there they're telling you what you can look for to know exactly when the rate is gonna change. It's the ISX because they're telling you the ISX can not go back online until the rate has changed. [post 1 of 2....stay tuned]
4-18-2020 Newshound Guru Kaperoni The biggest event we may see in the next two weeks is possibly the vote and swearing in of the new Iraqi government. But time will tell if that even happens.
4-18-2020 Newshound Guru MilitiaMan Article: "Centralization and economic confrontation" Quote: "...Iraq’s problems lie In the economic solution and this solution is in the hands of the Central Bank of Iraq. Therefore, the Central must be granted freedom to implement its economic plans and procedures." They clearly state the solution is in the hands of the Central Bank! They must be granted freedom to implement its economic plans and procedures... One of the plans was to cease the Dollar Auctions and slow the private banks and money exchangers pick up the ball and run with it. The Central bank will be selling Dinar at an international level and they now have facilities in place from the IMF and the UST imo! So, it sure looks like the keys to the CBI maybe handed off to some to be determined in the near future after Alak raises the “secret” exchange rate before he heads over to the AMF top position. He won’t be handing off the keys at a program rate imo!! No way.. That is not the solution!
4-18-2020 Newshound Guru Pimpy I bank personally at Wells Fargo. I have spoken to my Wells Fargo manager and when I went to go talk to him about the Iraqi dinar the first thing he said is, 'well just let me say this first and foremost. At the moment we don't buy nor do we sell or exchange Iraqi dinar.' Then he said, 'Having said that, once it's recognized internationally again that's different. Once it's on Forex.' He said, 'You'll walk into the bank. You'll get my attention. You will let me know what you have, how much you wanted to go ahead and deposit. I will let you know what the rate is and then we just go ahead make the deposit.' There's no 800 numbers and nothing like that...
4-18-2020 Intel Guru Bruce [via WiserNow] ... I did get information from a Tier 1 banker...that indicated that their best information was saying that we would start on Tuesday 21st of April...So – I don’t want everybody to get their hopes up too high for Friday/Saturday...but I feel good because I think we’re finally to where we could start sensibly on Tuesday...I really believe that everything we’re hearing is pointing toward early next week and my feeling is it will probably be Tuesday...We have been told that Iraq was supposed to have a new and improved rate...(Wed)... we got that from our Forex guy but we do not have the new rate though...I think Iraq is just doing what they need to do to be ready for when all of this goes...
4-17-2020 Newshound Guru Pimpy Everyone is presenting the names of the candidates they want to be part of Al-Kazimi's...they're establishing this ministry and getting him voted in as quickly as possible...this has not been voted on yet. It will be voted on I believe next Tuesday...So far so good. Usually by now we've seen all kinds of articles where people were threatening to block the ministry and block the P.M. We're not seeing that right now. I think parliament is smart enough to realize that 'hey we actually don't want to lose our power. We need to find some type of compromise.' We'll keep an eye on what's on...we'll see if it actually makes it ...We will find out next week for sure. Or where they [parliament] get dissolved...
4-17-2020 Guest Guru Nathan Even with 50+ trillion dinar in circulation I actually have been able to make the numbers work around the .03 or .04 cents mark and is it a coincidence that the institutions I transacted on, the most that they ever paid (remember it wasn't a rate) was in that ballpark figure...obviously they're looking for a return. These institutions have transacted. They're looking for a bigger return.
4-17-2020 Newshound Guru Jeff Article: "An Iraqi consultant returns the high price of the dollar to two workers and sets the date for its stability". Quote: "The process of increasing the foreign exchange rate of the Iraqi dinar always occurs during official holidays." The corona virus quarantine period IS A HOLIDAY! When is Iraq's stock exchange going back online? Right now it's set to restore as of April 26th...
4-17-2020 Intel Guru MarkZ I do have that more and more people are being pushed to get back into position which I take as a great sign… One of my DC contacts told me to expect all kinds of political news over the weekend…to watch it closely..and said he believes we are close at this point. Don’t know what this means for timing…but we need to watch the political news this weekend...
4-17-2020 Newshound Guru Pimpy ...I don't know what the hell is going on with the auctions...it's the same as it's been. It hasn't changed so of course there's no cash going on but there was a currency auction in regards to digital I just thought this part was interesting, "The results of the foreign currency sales window for Tuesday, 3/24/2020 with covers the period from 4/4/2020 to 4/16/2020" not sure what's going on there but we shall soon see...weird...
4-17-2020 Guest Guru Nathan ...Whatever this thing that is coming down the pipeline, yeah the dinar is definitely playing a role. It just may not be as big or as significant role as people would like to think...
4-17-2020 Newshound/Intel Guru Mnt Goat Article quote: "...one of the main factors for facing the challenges in the budget 2020 IS FILLING A PORTION OF THE FISCAL DEFICIT DIRECTED AT BORROWING FROM THE CENTRAL BANK RESERVES, but borrowing can only be made in the presence of a fully-fledged government..." so, the conclusion is they can not use the CBI reserves unless there is a full government in place. So the pressure is on to conclude this government shortly.
4-17-2020 Newshound Guru Jeff Trump has this timed perfectly so Iraq quarantine period ends, they change the rate... And by the time the U.S. quarantine period ends the change has already occurred and a few people may have gotten a chance to get to the bank. Some can't because some states have tighter restrictions on the banks. Where I'm at our banks are open...The ISX is going to come back online as of Sunday the 26th...
4-17-2020 Guest Guru Nathan Even with 50+ trillion dinar in circulation I actually have been able to make the numbers work around the .03 or .04 cents mark and is it a coincidence that the institutions I transacted on, the most that they ever paid (remember it wasn't a rate) was in that ballpark figure...obviously they're looking for a return. These institutions have transacted. They're looking for a bigger return.
4-17-2020 Newshound Guru Jeff Article: "An Iraqi consultant returns the high price of the dollar to two workers and sets the date for its stability". Quote: "The process of increasing the foreign exchange rate of the Iraqi dinar always occurs during official holidays." The corona virus quarantine period IS A HOLIDAY! When is Iraq's stock exchange going back online? Right now it's set to restore as of April 26th...
4-17-2020 Intel Guru MarkZ I do have that more and more people are being pushed to get back into position which I take as a great sign… One of my DC contacts told me to expect all kinds of political news over the weekend…to watch it closely..and said he believes we are close at this point. Don’t know what this means for timing…but we need to watch the political news this weekend...
4-17-2020 Newshound Guru Pimpy ...I don't know what the hell is going on with the auctions...it's the same as it's been. It hasn't changed so of course there's no cash going on but there was a currency auction in regards to digital I just thought this part was interesting, "The results of the foreign currency sales window for Tuesday, 3/24/2020 with covers the period from 4/4/2020 to 4/16/2020" not sure what's going on there but we shall soon see...weird...
4-17-2020 Guest Guru Nathan ...Whatever this thing that is coming down the pipeline, yeah the dinar is definitely playing a role. It just may not be as big or as significant role as people would like to think...
4-17-2020 Newshound/Intel Guru Mnt Goat Article quote: "...one of the main factors for facing the challenges in the budget 2020 IS FILLING A PORTION OF THE FISCAL DEFICIT DIRECTED AT BORROWING FROM THE CENTRAL BANK RESERVES, but borrowing can only be made in the presence of a fully-fledged government..." so, the conclusion is they can not use the CBI reserves unless there is a full government in place. So the pressure is on to conclude this government shortly.
4-17-2020 Newshound Guru Jeff Trump has this timed perfectly so Iraq quarantine period ends, they change the rate... And by the time the U.S. quarantine period ends the change has already occurred and a few people may have gotten a chance to get to the bank. Some can't because some states have tighter restrictions on the banks. Where I'm at our banks are open...The ISX is going to come back online as of Sunday the 26th...
4-16-2020 Newshound Guru Pimpy Article "The President of the Republic: A strategic dialogue with America will begin next June" This is important because next June they will be meeting with America to go over some strategical reforms and start dialogue with the United States...the IMF as well as the United Nation is also going to be in Iraq in June. It makes you wonder what's going on there - hmmm...what I'm hoping is everything is done. The United Nations goes ahead and removes the restrictions and allows their currency to be recognized internationally and we start seeing the IQD on the Forex...
4-16-2020 Newshound Guru Jeff ...remember on Monday I told you they were going to extend the ISX for one more week. That was my opinion. Here's your confirmation, Article: "Trading activity continues to be suspended until Saturday, April 25, 2020..." I also told you IMO that when the ISX gets turned back on I felt that's when the rate would change...for Iraq they can only change the rate on a Sunday. That's exactly what Kuwait did - March 24, 1991. The reason why is Sunday is their first business day of their week...THEIR Sunday morning when all markets are closed to minimize and control market impact and volatility...
4-16-2020 Newshound/Intel Guru Mnt Goat I want everyone to know that there is no “magic wand” that is going to wave after the government is finally formed, that will bring us the reinstatement... there are still lots of ‘ifs”...I also have to say these larger notes are getting worn out once again. The citizens are complaining and want fresher notes. Actually, they want the lower denominations and hopes of getting the currency of the past once again. So, this “project to delete the zeros” is still on the table and pressure to get it done might (I said might) bring us the reinstatement earlier than expected, but at a more gradual rate and maybe not pop out at the over $3.00+ but rather maybe just under $1.00... [post 2 of 2]
4-16-2020 Newshound/Intel Guru Mnt Goat Al-Kazemi has become a very strong designate and this time parliament will move on voting (ratification) him as the new prime minister...they are moving quickly to get the new Iraqi Prime Minister-designate Mustafa Al-Kazemi announced and the completion of forming the new government... The final voting process in parliament is a mere formality. The negotiations with the political blocs to agree on them is done before the speaker of the house will even bring it to a vote. ...a parliamentary source suggested that the parliament would convene NEXT WEEK to vote on the cabinet of Prime Minister-designate Mustafa Al-Kazemi. So this madness of selecting a new Pm could end next week and Iraq could finally get down to rebuilding its economy and country. [post 1 of 2....stay tuned]
4-16-2020 Intel/Newshound Guru tman23 ...Kuwait released their 6th series of the currency in May...during Ramadan...a few years ago... their Central Bank started some video releases on history of the currency in April...it’s just factual information of what took place as many claim nothing happens during Ramadan, so as you can investigate and discover...not true... ...because of their dire straights economic position and videos of history on the currency to public...very high probability we will see it. [See the CBI History Video Below...]
4-16-2020 Intel Guru MarkZ My bankers had told me not to look for anything until after Tuesday and now my folks at one redemption center said they are supposed to have their center ready by Friday at the close of business. So maybe that’s a clue? Possibly…hopefully…but, everything needs to be ready with gloves, masks exchange provisions.
4-16-2020 Newshound Guru MilitiaMan [Does anybody know when does the ISX opens back up?] ...The ISX is not going to hook up with the NASDAQ at a program rate, nor is the value of the shares to meet regional standards going ti improve unless the IQD is RI'd imo.
4-16-2020 Intel Guru Frank ...we're coming in for a landing, you've got to put your trays in the upright position and lift your feet up...we told you this kind of information would come from the CBI and it would flow down as part of the monetary reform education to the citizens. You're seeing it as of now...what did the CBI put out? A history of their currency [See video below] ...this is the trickle down to the citizens...the video is showing them the old currency they used to have...this is a tool. [See the history of the CBI video below. Notice in the credits - produced in 2019.]
4-16-2020 Newshound Guru Jeff ...remember on Monday I told you they were going to extend the ISX for one more week. That was my opinion. Here's your confirmation, Article: "Trading activity continues to be suspended until Saturday, April 25, 2020..." I also told you IMO that when the ISX gets turned back on I felt that's when the rate would change...for Iraq they can only change the rate on a Sunday. That's exactly what Kuwait did - March 24, 1991. The reason why is Sunday is their first business day of their week...THEIR Sunday morning when all markets are closed to minimize and control market impact and volatility...
4-16-2020 Newshound/Intel Guru Mnt Goat I want everyone to know that there is no “magic wand” that is going to wave after the government is finally formed, that will bring us the reinstatement... there are still lots of ‘ifs”...I also have to say these larger notes are getting worn out once again. The citizens are complaining and want fresher notes. Actually, they want the lower denominations and hopes of getting the currency of the past once again. So, this “project to delete the zeros” is still on the table and pressure to get it done might (I said might) bring us the reinstatement earlier than expected, but at a more gradual rate and maybe not pop out at the over $3.00+ but rather maybe just under $1.00... [post 2 of 2]
4-16-2020 Newshound/Intel Guru Mnt Goat Al-Kazemi has become a very strong designate and this time parliament will move on voting (ratification) him as the new prime minister...they are moving quickly to get the new Iraqi Prime Minister-designate Mustafa Al-Kazemi announced and the completion of forming the new government... The final voting process in parliament is a mere formality. The negotiations with the political blocs to agree on them is done before the speaker of the house will even bring it to a vote. ...a parliamentary source suggested that the parliament would convene NEXT WEEK to vote on the cabinet of Prime Minister-designate Mustafa Al-Kazemi. So this madness of selecting a new Pm could end next week and Iraq could finally get down to rebuilding its economy and country. [post 1 of 2....stay tuned]
4-16-2020 Intel/Newshound Guru tman23 ...Kuwait released their 6th series of the currency in May...during Ramadan...a few years ago... their Central Bank started some video releases on history of the currency in April...it’s just factual information of what took place as many claim nothing happens during Ramadan, so as you can investigate and discover...not true... ...because of their dire straights economic position and videos of history on the currency to public...very high probability we will see it. [See the CBI History Video Below...]
4-16-2020 Intel Guru MarkZ My bankers had told me not to look for anything until after Tuesday and now my folks at one redemption center said they are supposed to have their center ready by Friday at the close of business. So maybe that’s a clue? Possibly…hopefully…but, everything needs to be ready with gloves, masks exchange provisions.
4-16-2020 Newshound Guru MilitiaMan [Does anybody know when does the ISX opens back up?] ...The ISX is not going to hook up with the NASDAQ at a program rate, nor is the value of the shares to meet regional standards going ti improve unless the IQD is RI'd imo.
4-16-2020 Intel Guru Frank ...we're coming in for a landing, you've got to put your trays in the upright position and lift your feet up...we told you this kind of information would come from the CBI and it would flow down as part of the monetary reform education to the citizens. You're seeing it as of now...what did the CBI put out? A history of their currency [See video below] ...this is the trickle down to the citizens...the video is showing them the old currency they used to have...this is a tool. [See the history of the CBI video below. Notice in the credits - produced in 2019.]
4-16-2020 Intel Guru MarkZ [...does Iraq need a government before they see the RV?] My thoughts are that they will not be able to have a stable government without an RV…once they have a stable monetary system…the government will happen very quickly.
4-15-2020 Intel Guru Bruce [via WiserNow] I do feel...really good about where we are and what [information] we have received...President Trump had a date in mind for this to go – for this to happen...and I’ll cut right to it and say that date was supposed to be by the 17th - but it really talked in terms of the 15th...everything is set for “GO”...and we did hear from our Forex guy – that Iraq was looking at a new rate for their Dinar – a new revalued Dinar rate tomorrow (Wed) - that is on the 15th so, they are positioned...We’ve have information from the world bank – a couple other bank sources – that have reported that they believe – I am going to say “they” they have told us - that they are looking very strong on the 15th (Wed)...I’ve also heard that it needs to go between tomorrow and Friday (Wed – Fri) - Friday is a “must have by” the 17th...I’m not calling it but that is what everything is pointing to...what we know is everybody is prepared...they are ready for us...I feel good about where we are...
4-15-2020 Guest Guru Nathan I know one U.S. institution who bought IQD. Large amounts of it. I can't name the name but Wall Street? Be it a hedge fund or anything, there is not one example and I have tried to find out. Because don't you think if this thing was imminent and this thing was going to get returns, insiders in the banking and finance...don't you think that they would have at least "off book" holdings of IQD? ...I know of other entities outside of the U.S. I've dealt with them. Financial entities and institutions except for that one exception I couldn't find one single financial institution, off book or otherwise that has bought IQD...There's a big disconnect...I'm very friendly with another high-up fund manager - one of the biggest ones in China. He told me whatever it is coming down the pipeline is the biggest financial paradigm shift the world has ever seen.
4-15-2020 Newshound Guru Adam Montana ...OIL is currently under $20 (WTI), which is unsustainable on many levels. The largest OPEC production cut in history was agreed to on Sunday, in an effort to get prices moving up again... the markets don't seem to be reflecting that yet, but I have no doubt that OIL will go back up. Here's the bottom line: 1. The world isn't going to stop using oil. Not even COVID-19 can make that happen. 2. OIL will never be free. Period, end of story, that's "all she wrote". Oil will never be free. With Iraq being in the top ranks of all OIL producing/selling/exporting countries in the world, it has a lifeline that will never go away. Not in our lifetimes, anyway!
4-15-2020 Intel Guru Frank26 the auctions today are of a different way..the auctions of right now are not of today...here's the key, these auctions are showing no cash transactions...nothing physical...the auctions are all digital right now...when the auction come back with the American dollar it will be a different format for the American dollar and any foreign currency they use...because there is a new currency that is about to come out for the citizens of Iraq! ...all of this is for the reinstatement process...this is another mechanism of the reinstatement process of their currency...what is going on right now is the auctions are keeping the American dollar out of the eyes of the citizens of Iraq because their eyes are about to be cast on a new currency for them...they don't see the American dollar anymore in order for preparation of the introduction of the new small category notes. Isn't this exciting?! This change is the key...
4-15-2020 Intel/Newshound Guru tman23 ...let’s just say that the good ole USA is directly in charge of managing the cesspool [Iraq] right now...it’s like the JG Wentworth saying...it’s, our money and we NEED it now...not waiting another 10 years... Kazemei is the choice now...and new currency will be introduced during midway into Ramadan in May...
4-15-2020 Intel Guru MarkZ the people are just now getting back into place in order to have a reset or RV. Does that mean its coming? No, it means the banking centers are getting staffed again and prepared. One of the locations I talk with had supplies already in place last week…masks, disinfectant sprays, gloves ect…another is getting them this week. So personally I am not looking for it at least later in the week…
4-15-2020 Guest Guru Nathan I would love the thought I'm gonna get $3.00. This is phenomenal but I'm a realist too. I've been a party to real transactions...I appreciate people that operate in that manner who manage expectations. Under promise and over-deliver type strategy. I'm a big proponent of that. I'm a realist. I know what I will be getting for my IQD. I've already been told. And it's no where near that. Now am I being set up to be screwed? Possibly. But I've accepted the terms and I'm comfortable with the terms. It's a very good return for me...I'm in the process of a deal...
4-15-2020 Intel Guru Frank26 ...Donald Trump is just doing some amazing things...who is he doing this with? The CBI...I think it's important that Donald Trump is the reason why you're reading a lot of CBI articles...everyday more than one. And they're all coming from where? That meeting that we told you about... 1. Stop the auctions. 2. No use of the American dollar...this is miraculous...this is powerful... 3. New small category notes...coexist with the notes out right now... 4. New rate...the last 6 days we've had an avalanche of information from the CBI and all because of Donald Trump IMO...he's pushing it out...we told you this was going to happen just before they release all this information. It's about to be released and that's why they're giving you the information. You need the new rate before you get the new currency. You need the information before you get the new currency. You need the information before you even get the rate to get the new currency. Oh snap! That's what's going on right now. This is serious family!
4-15-2020 Newshound Guru Jeff ...what [community member] MD1978 is trying to tell you is that the end of March would be the end of the 2019 fiscal year and...Iraq only has 30 days to show you the rate...so by the end of March [April?] Iraq has to show you the rate and make it public. I personally agree with MM1978 100%...that encircles the weekend of April 25th-26th that weekend. By having a lot of key things that would put stability in place for Iraq over the weekend of the 25th-26th we need to keep our eyes around that time period. That's when a lot of important things are happening.
4-15-2020 Newshound Guru MilitiaMan Article quote: "...it is better for the central bank to cancel the currency auction and install its local currency... According to the official, "There are daily discussions to reach a road map that enables the country to maintain an acceptable exchange secret of the dinar against the dollar." ...in the coming days they are going to change from the CBI from getting dollars from the GOI, the merchants and private banks will get it directly from the GOI. The CBI will have no dollars. What they will have is a new currency to sell, effectively. The exchanges will sell dollars for legitimate use, i.e., travel, etc.. The CBI will make money off the Dinar. There will be no MCPs allowed in country for local use. That will require the dollar to be used for outside the country. So, for this reversal or pattern change is the Big Kahuna imo.. CBI is about to change the rate.
4-15-2020 Guest Guru Nathan I know one U.S. institution who bought IQD. Large amounts of it. I can't name the name but Wall Street? Be it a hedge fund or anything, there is not one example and I have tried to find out. Because don't you think if this thing was imminent and this thing was going to get returns, insiders in the banking and finance...don't you think that they would have at least "off book" holdings of IQD? ...I know of other entities outside of the U.S. I've dealt with them. Financial entities and institutions except for that one exception I couldn't find one single financial institution, off book or otherwise that has bought IQD...There's a big disconnect...I'm very friendly with another high-up fund manager - one of the biggest ones in China. He told me whatever it is coming down the pipeline is the biggest financial paradigm shift the world has ever seen.
4-15-2020 Newshound Guru Adam Montana ...OIL is currently under $20 (WTI), which is unsustainable on many levels. The largest OPEC production cut in history was agreed to on Sunday, in an effort to get prices moving up again... the markets don't seem to be reflecting that yet, but I have no doubt that OIL will go back up. Here's the bottom line: 1. The world isn't going to stop using oil. Not even COVID-19 can make that happen. 2. OIL will never be free. Period, end of story, that's "all she wrote". Oil will never be free. With Iraq being in the top ranks of all OIL producing/selling/exporting countries in the world, it has a lifeline that will never go away. Not in our lifetimes, anyway!
4-15-2020 Intel Guru Frank26 the auctions today are of a different way..the auctions of right now are not of today...here's the key, these auctions are showing no cash transactions...nothing physical...the auctions are all digital right now...when the auction come back with the American dollar it will be a different format for the American dollar and any foreign currency they use...because there is a new currency that is about to come out for the citizens of Iraq! ...all of this is for the reinstatement process...this is another mechanism of the reinstatement process of their currency...what is going on right now is the auctions are keeping the American dollar out of the eyes of the citizens of Iraq because their eyes are about to be cast on a new currency for them...they don't see the American dollar anymore in order for preparation of the introduction of the new small category notes. Isn't this exciting?! This change is the key...
4-15-2020 Intel/Newshound Guru tman23 ...let’s just say that the good ole USA is directly in charge of managing the cesspool [Iraq] right now...it’s like the JG Wentworth saying...it’s, our money and we NEED it now...not waiting another 10 years... Kazemei is the choice now...and new currency will be introduced during midway into Ramadan in May...
4-15-2020 Intel Guru MarkZ the people are just now getting back into place in order to have a reset or RV. Does that mean its coming? No, it means the banking centers are getting staffed again and prepared. One of the locations I talk with had supplies already in place last week…masks, disinfectant sprays, gloves ect…another is getting them this week. So personally I am not looking for it at least later in the week…
4-15-2020 Guest Guru Nathan I would love the thought I'm gonna get $3.00. This is phenomenal but I'm a realist too. I've been a party to real transactions...I appreciate people that operate in that manner who manage expectations. Under promise and over-deliver type strategy. I'm a big proponent of that. I'm a realist. I know what I will be getting for my IQD. I've already been told. And it's no where near that. Now am I being set up to be screwed? Possibly. But I've accepted the terms and I'm comfortable with the terms. It's a very good return for me...I'm in the process of a deal...
4-15-2020 Intel Guru Frank26 ...Donald Trump is just doing some amazing things...who is he doing this with? The CBI...I think it's important that Donald Trump is the reason why you're reading a lot of CBI articles...everyday more than one. And they're all coming from where? That meeting that we told you about... 1. Stop the auctions. 2. No use of the American dollar...this is miraculous...this is powerful... 3. New small category notes...coexist with the notes out right now... 4. New rate...the last 6 days we've had an avalanche of information from the CBI and all because of Donald Trump IMO...he's pushing it out...we told you this was going to happen just before they release all this information. It's about to be released and that's why they're giving you the information. You need the new rate before you get the new currency. You need the information before you get the new currency. You need the information before you even get the rate to get the new currency. Oh snap! That's what's going on right now. This is serious family!
4-15-2020 Newshound Guru Jeff ...what [community member] MD1978 is trying to tell you is that the end of March would be the end of the 2019 fiscal year and...Iraq only has 30 days to show you the rate...so by the end of March [April?] Iraq has to show you the rate and make it public. I personally agree with MM1978 100%...that encircles the weekend of April 25th-26th that weekend. By having a lot of key things that would put stability in place for Iraq over the weekend of the 25th-26th we need to keep our eyes around that time period. That's when a lot of important things are happening.
4-15-2020 Newshound Guru MilitiaMan Article quote: "...it is better for the central bank to cancel the currency auction and install its local currency... According to the official, "There are daily discussions to reach a road map that enables the country to maintain an acceptable exchange secret of the dinar against the dollar." ...in the coming days they are going to change from the CBI from getting dollars from the GOI, the merchants and private banks will get it directly from the GOI. The CBI will have no dollars. What they will have is a new currency to sell, effectively. The exchanges will sell dollars for legitimate use, i.e., travel, etc.. The CBI will make money off the Dinar. There will be no MCPs allowed in country for local use. That will require the dollar to be used for outside the country. So, for this reversal or pattern change is the Big Kahuna imo.. CBI is about to change the rate.
4-14-2020 Newshound Guru Jeff Article "Pompeo: US welcomes formation of new Iraqi government". The reason why Mike Pompeo went to Iraq on Easter Sunday and met with the new prime minister Kazemi is because his government is done and formed. They cannot and will not tell you all of the truth out of Iraq...Iraq's new government is done formed and complete. "We welcome Shia, Sunni and Kurdish political leaders seem to have arrived at a consensus on government formation..., Pompeo said in a statement."
4-14-2020 Newshound/Intel Guru Mnt Goat ...At the beginning of the week we hear that A-Zarfi would get the needed votes in parliament to be confirmed on Friday or Saturday. Then a sudden change on Wednesday and Mustafa Al-Kazemi is now to form the next government. Really? Oh – but many are saying this is FAKE news and can’t be real. I am telling everyone today this is real and weird but it happened ...Will it take another 30 days to form his government? This is our real question and concern for this recent news.
4-14-2020 Intel Guru Delta Article: "Citizens: Prices are at their normal levels" Quote: "...the most prominent of these proposals is to solve the issue of selling the dollar by selling it directly to traders.” WOW A BOMB ARTICLE...AS WE KNOW GOV SELLS DOLLARS TO CBI TO MAINTAIN EXCHANGE RATE TOO ...SO IF GOV SELL DOLLARS DIRECTLY TO TRADERS...THAT'S MEAN CBI DOES NOT NEED DOLLARS FROM GOV ANYMORE...MEANS A NEW RATE ON THE VERGE TO COME OUT...
4-14-2020 Newshound Guru Jeff ...it's called the coronavirus calendar. That's all that we're waiting on. It's that simple. I've proven to you that the ISX is following the US's coronavirus calendar...the ISX is probably going to be extended one more week to Saturday April 25th and then it's be restored and go online most likely on Saturday [Sunday?} the 26th...the movements of the ISX is going to be your marker for the rate change. When the ISX goes online in my full opinion that's when that rate's changing... Article "Governor Najaf: We will lift the curfew within 2 weeks if we do not report any cases of corona" ...there you go...
4-14-2020 Intel Guru MarkZ [via PDK] Some of my contacts are back in the saddle today... So hopefully today we will start getting more news as to where we are at because we will finally have some people back in the banking areas... Government sources are saying they need to wait for the banking system to be ready. All sources are waiting on the banking people to be in position before there is any kind of release.
4-14-2020 Newshound Guru Pimpy Do I think the rate change is gonna happen? Oh, yeah I absolutely without a doubt feel like this rate change is gonna happen. Do I know how much? No. But I could take a very very good guess at it and I've made my own personal prediction...I really feel like the rates gonna come out somewhere around $1.34 but I've also made a stern stern argument for why it might come out at $3.22. I'm going going to go out on a limb and make this prediction...nobody and I mean nobody in the dinar community right now that would fuss, get mad or turn down a rate of $1.34. We all want $3.22 but we would not turn down $1.34 let's be realistic.
4-14-2020 Newshound/Intel Guru Mnt Goat ...At the beginning of the week we hear that A-Zarfi would get the needed votes in parliament to be confirmed on Friday or Saturday. Then a sudden change on Wednesday and Mustafa Al-Kazemi is now to form the next government. Really? Oh – but many are saying this is FAKE news and can’t be real. I am telling everyone today this is real and weird but it happened ...Will it take another 30 days to form his government? This is our real question and concern for this recent news.
4-14-2020 Intel Guru Delta Article: "Citizens: Prices are at their normal levels" Quote: "...the most prominent of these proposals is to solve the issue of selling the dollar by selling it directly to traders.” WOW A BOMB ARTICLE...AS WE KNOW GOV SELLS DOLLARS TO CBI TO MAINTAIN EXCHANGE RATE TOO ...SO IF GOV SELL DOLLARS DIRECTLY TO TRADERS...THAT'S MEAN CBI DOES NOT NEED DOLLARS FROM GOV ANYMORE...MEANS A NEW RATE ON THE VERGE TO COME OUT...
4-14-2020 Newshound Guru Jeff ...it's called the coronavirus calendar. That's all that we're waiting on. It's that simple. I've proven to you that the ISX is following the US's coronavirus calendar...the ISX is probably going to be extended one more week to Saturday April 25th and then it's be restored and go online most likely on Saturday [Sunday?} the 26th...the movements of the ISX is going to be your marker for the rate change. When the ISX goes online in my full opinion that's when that rate's changing... Article "Governor Najaf: We will lift the curfew within 2 weeks if we do not report any cases of corona" ...there you go...
4-14-2020 Intel Guru MarkZ [via PDK] Some of my contacts are back in the saddle today... So hopefully today we will start getting more news as to where we are at because we will finally have some people back in the banking areas... Government sources are saying they need to wait for the banking system to be ready. All sources are waiting on the banking people to be in position before there is any kind of release.
4-14-2020 Newshound Guru Pimpy Do I think the rate change is gonna happen? Oh, yeah I absolutely without a doubt feel like this rate change is gonna happen. Do I know how much? No. But I could take a very very good guess at it and I've made my own personal prediction...I really feel like the rates gonna come out somewhere around $1.34 but I've also made a stern stern argument for why it might come out at $3.22. I'm going going to go out on a limb and make this prediction...nobody and I mean nobody in the dinar community right now that would fuss, get mad or turn down a rate of $1.34. We all want $3.22 but we would not turn down $1.34 let's be realistic.
4-13-2020 Guest Guru Nathan I can tell you this much on the transactions I was involved in the last couple years I never transacted on anything above $1 and it was sub a dollar...the contracts that I transacted on it didn't stipulate the rate. It was a certain amount of money for a certain amount of IQD. You obviously by extrapolating the amount you've got a rate. There's so many variable involved in these transaction but you could extrapolate a rate out of the transaction by simply dividing how much IQD and how much the offer was for it. It was nowhere near a dollar. Nowhere near .50 cents. Nowhere near .10 cents. But it was a significant premium to the face value of the IQD. .01, .02, .03, .04 cents is a huge huge return in anyone's book. Those transaction are different these are institutional plays. Whether they were buying the IQD for an RV I don't know. That information was never disclosed to me or my associates. But they thought they paid a significant premium up and above the face value of the IQD at the time...
4-13-2020 Newshound Guru Pimpy They said, well you never see anybody on normal mainstream talk about investing in this. I go yeah, there's been a couple occasions. There's lots of videos out there and I shared a couple with him...CNBC's Video "Jim Cramer of Mad Money Talks About Iraqi Dinar"...They're talking about the actual currency itself...it doesn't make a difference how old the video is...pay attention to what the whole point of these videos are and that is they're encouraging people...this CNBC. Jim Cramer is not a small fry. This guy has a pretty good following. He's encouraging people to buy into the dinar... [Post 2 of 2]
4-13-2020 Newshound Guru Pimpy ...I've gotten into a pretty good lengthy conversation with a few people...they wanted to voice their opposition to why we should invest in a dinar...they said the currency is a scam. And I of course was able to prove to them that the currency is not a scam. It can't be a scam - the currency itself. I can take my dinar, go into Iraq and use it to buy things. So The currency itself is not a scam. Now we all know that people have taken the currency itself, Iraq dinar, and they have committed scams with this currency. That's why you've got to be careful...there's a huge difference between whether this currency is a real scam or if the people are using it as a scam... [Post 1 of 2....stay tuned]
4-13-2020 Intel Guru Footforward Most of what I'm being told, I've been asked to not share publicly...I'm asked not to say things because it burns sources... There is alot more going on then most realize. Two people made visits to Iraq. One was public. The other not so much. The not so public one was furious. By May 1st, if nothing happens, sanctions likely to come.
4-13-2020 Intel Guru MarkZ No golden eggs yet...I think it is positive that some folks involved in the exchange process are being asked to return to their seats…This is the first activity I have seen in over a week…
4-13-2020 Newshound Guru Jeff ...I firmly believe the rate has changed but privately only on the accounting books. Right now it's not public. It's not even public in country. I don't believe in a separate rate where it can go in country first and then out of country at a later date. I don't believe in that logic or theory...IMO once it changes it can only change one place, one time and then they're international...
4-13-2020 Guest Guru Nathan My primary theory if this does go public...I don't know if it is, all I think is that by the end of May maybe it might stretch into June. I've told people I know personally I've given them a deadline at the end of June...I'm a person who likes to manage expectations. I'm personally banking on the end of June. Now I've been told end of May at the latest this thing will be done. That doesn't mean that this is a public event. It might be a closed shop event. It might be a public bit I just don't know and if I did know I would at least hint at it but I genuinely don't know. And the people who really would know have not told me. I don't even know if they know. I do know the institution pulling the trigger on whatever this is. I've been in this game for 3 years and I only recently found out who's pulling the trigger on this thing...
4-13-2020 Intel Guru Frank26 Pompeo was there...he actually told them look CBI, GOI all of you. You have until May 1st that's it. What does that mean? Is it a threat? I think the meaning is we are in control now...I think if not they are going to take over and I'm sure Iraq doesn't want that. So Pompeo comes out and says you've got until May 1. Then today [last week] he comes out and tells the American citizens the economy is going to BOOM! Boom or explode whatever he said - at the end of April. The end of April is the same as May 1st. Something is going on...
4-13-2020 Newshound Guru Pimpy They said, well you never see anybody on normal mainstream talk about investing in this. I go yeah, there's been a couple occasions. There's lots of videos out there and I shared a couple with him...CNBC's Video "Jim Cramer of Mad Money Talks About Iraqi Dinar"...They're talking about the actual currency itself...it doesn't make a difference how old the video is...pay attention to what the whole point of these videos are and that is they're encouraging people...this CNBC. Jim Cramer is not a small fry. This guy has a pretty good following. He's encouraging people to buy into the dinar... [Post 2 of 2]
4-13-2020 Newshound Guru Pimpy ...I've gotten into a pretty good lengthy conversation with a few people...they wanted to voice their opposition to why we should invest in a dinar...they said the currency is a scam. And I of course was able to prove to them that the currency is not a scam. It can't be a scam - the currency itself. I can take my dinar, go into Iraq and use it to buy things. So The currency itself is not a scam. Now we all know that people have taken the currency itself, Iraq dinar, and they have committed scams with this currency. That's why you've got to be careful...there's a huge difference between whether this currency is a real scam or if the people are using it as a scam... [Post 1 of 2....stay tuned]
4-13-2020 Intel Guru Footforward Most of what I'm being told, I've been asked to not share publicly...I'm asked not to say things because it burns sources... There is alot more going on then most realize. Two people made visits to Iraq. One was public. The other not so much. The not so public one was furious. By May 1st, if nothing happens, sanctions likely to come.
4-13-2020 Intel Guru MarkZ No golden eggs yet...I think it is positive that some folks involved in the exchange process are being asked to return to their seats…This is the first activity I have seen in over a week…
4-13-2020 Newshound Guru Jeff ...I firmly believe the rate has changed but privately only on the accounting books. Right now it's not public. It's not even public in country. I don't believe in a separate rate where it can go in country first and then out of country at a later date. I don't believe in that logic or theory...IMO once it changes it can only change one place, one time and then they're international...
4-13-2020 Guest Guru Nathan My primary theory if this does go public...I don't know if it is, all I think is that by the end of May maybe it might stretch into June. I've told people I know personally I've given them a deadline at the end of June...I'm a person who likes to manage expectations. I'm personally banking on the end of June. Now I've been told end of May at the latest this thing will be done. That doesn't mean that this is a public event. It might be a closed shop event. It might be a public bit I just don't know and if I did know I would at least hint at it but I genuinely don't know. And the people who really would know have not told me. I don't even know if they know. I do know the institution pulling the trigger on whatever this is. I've been in this game for 3 years and I only recently found out who's pulling the trigger on this thing...
4-13-2020 Intel Guru Frank26 Pompeo was there...he actually told them look CBI, GOI all of you. You have until May 1st that's it. What does that mean? Is it a threat? I think the meaning is we are in control now...I think if not they are going to take over and I'm sure Iraq doesn't want that. So Pompeo comes out and says you've got until May 1. Then today [last week] he comes out and tells the American citizens the economy is going to BOOM! Boom or explode whatever he said - at the end of April. The end of April is the same as May 1st. Something is going on...
4-12-2020 Newshound/Intel Guru Francis Albert Russia, Saudi Arabia, Mexico with U.S. help reach "Historic" deal to cut about 10 Million Barrels per day. So, if higher prices play into our investment, then IMO, oil prices will rise at the opening bell tomorrow.
4-12-2020 Newshound Guru Jeff We're gonna see how long they keep extending this date out {quarantine date in Iraq}. We're gonna follow the ISX. We're gonna see how long they keep that shut down. We're gonna follow the currency auctions to make sure they don't have more currency auctions. If they they don't have any more currency auctions and the ISX stays closing...IMO throughout this week you will not see any more currency auctions...we won't see any more until they publicly bring us the rate change. That will confirm everything I've shared...they have already changed the rate but they have to hide it from you until they see the coronavirus numbers coming down to a low enough level to where it's safe for you and I to go into the banks and actually physically work with the bankers so they're not put at any kind of risk...
4-12-2020 Intel Guru RayRen98 Political analyst, Wasiq Al Hashemi, confirmed on Saturday that the assignment of the new Prime Minister, Mustafa Al-Kazemi, came with the blessing of the seven Shiite forces and with the blessing of the United States, indicating that Al-Kazemi initiated negotiations to form a government. The biggest obstacle to the negotiations is the coronavirus crisis and the budget for this year. Hezbollah brigades have come out against Al-Kazemi saying he's backed by USA and designed to have American influence. They are sanctioning billboards in refusal of Al-Kazemi saying he will have a difficult task passing.
4-12-2020 Guest Guru Nathan ...This thing will come to an end within a couple of months. The end might not mean everybody walks away a millionaire. The end might mean you may only get a couple of pennies per IQD. Still a huge phenomenal return. What is it now 1/10th of a penny. Are you telling me if there's an announcement made through the U.S. Treasury or something that you have a period of 3 weeks to redeem your Iraqi dinar and they're offering you a set price of 3 cents you're going to say, 'no I'm going to wait. You know this is a conspiracy. It's gonna float and go to $3.00.' Really? That's a big risk. Because if you get off at 3 cents I'll take it because it just doesn't work like that.
4-12-2020 Intel Guru Frank26 what did the video say? [Video released by the CBI] They talked about their currency from the very beginning and laid it out step by step to where they're at now. With all due respect who gives a squat about the history of a program rate currency for the last 17 years? You see the importance? ...IMO the CBI currency history video is very powerful and is part of the trickling down of information we been telling you about...in our opinion these are the things that were to be laid out to the citizens and before they raised the value of their currency. It's here...the CBI is making it very clear to the citizens of Iraq, they're guaranteeing them there's a new currency coming. That video was so powerful.
4-12-2020 Newshound Guru Jeff ...I am not expecting anything this weekend...my next personal timer frame is next weekend...as long as they don't have any currency auctions, as long as the ISX stays closed...Why haven't we see it yet? This is very simple. It's the coronavirus...they do not want us in the middle of the virus when it's hitting really high highs. They don't want us storming into the banks...that puts the bankers at tremendous risk...IMO those are the reasons why they are simply not allowing the rate to be publicly changed now... [Post 2 of 2]
4-12-2020 Newshound Guru Jeff I don't believe the rate will change as of this weekend...Iraq is the only country in the world to have shut down their stock exchange. That's huge...IMO the rate did change...but it's only changed on the accounting books. It's not in the public realm. That is why Iraq had to shut down all their markets and also why they had to sneak in the last two currency auctions...they had to close out all the old accounting books for the fiscal year of 2019 before the rate could change. IMO the rate did change privately on the back-end over the weekend of 3-21 and 3-22... [Post 1 of 2....stay tuned]
4-12-2020 Guest Guru Nathan I've never been put under an NDA. So when you hear all this 'they're under an NDA.' 'They'll be put under NDA'...as far as I know in this community I'm the only one that's actually transacted on IQD and I've never once been put under NDA.
4-12-2020 Newshound Guru Jeff We're gonna see how long they keep extending this date out {quarantine date in Iraq}. We're gonna follow the ISX. We're gonna see how long they keep that shut down. We're gonna follow the currency auctions to make sure they don't have more currency auctions. If they they don't have any more currency auctions and the ISX stays closing...IMO throughout this week you will not see any more currency auctions...we won't see any more until they publicly bring us the rate change. That will confirm everything I've shared...they have already changed the rate but they have to hide it from you until they see the coronavirus numbers coming down to a low enough level to where it's safe for you and I to go into the banks and actually physically work with the bankers so they're not put at any kind of risk...
4-12-2020 Intel Guru RayRen98 Political analyst, Wasiq Al Hashemi, confirmed on Saturday that the assignment of the new Prime Minister, Mustafa Al-Kazemi, came with the blessing of the seven Shiite forces and with the blessing of the United States, indicating that Al-Kazemi initiated negotiations to form a government. The biggest obstacle to the negotiations is the coronavirus crisis and the budget for this year. Hezbollah brigades have come out against Al-Kazemi saying he's backed by USA and designed to have American influence. They are sanctioning billboards in refusal of Al-Kazemi saying he will have a difficult task passing.
4-12-2020 Guest Guru Nathan ...This thing will come to an end within a couple of months. The end might not mean everybody walks away a millionaire. The end might mean you may only get a couple of pennies per IQD. Still a huge phenomenal return. What is it now 1/10th of a penny. Are you telling me if there's an announcement made through the U.S. Treasury or something that you have a period of 3 weeks to redeem your Iraqi dinar and they're offering you a set price of 3 cents you're going to say, 'no I'm going to wait. You know this is a conspiracy. It's gonna float and go to $3.00.' Really? That's a big risk. Because if you get off at 3 cents I'll take it because it just doesn't work like that.
4-12-2020 Intel Guru Frank26 what did the video say? [Video released by the CBI] They talked about their currency from the very beginning and laid it out step by step to where they're at now. With all due respect who gives a squat about the history of a program rate currency for the last 17 years? You see the importance? ...IMO the CBI currency history video is very powerful and is part of the trickling down of information we been telling you about...in our opinion these are the things that were to be laid out to the citizens and before they raised the value of their currency. It's here...the CBI is making it very clear to the citizens of Iraq, they're guaranteeing them there's a new currency coming. That video was so powerful.
4-12-2020 Newshound Guru Jeff ...I am not expecting anything this weekend...my next personal timer frame is next weekend...as long as they don't have any currency auctions, as long as the ISX stays closed...Why haven't we see it yet? This is very simple. It's the coronavirus...they do not want us in the middle of the virus when it's hitting really high highs. They don't want us storming into the banks...that puts the bankers at tremendous risk...IMO those are the reasons why they are simply not allowing the rate to be publicly changed now... [Post 2 of 2]
4-12-2020 Newshound Guru Jeff I don't believe the rate will change as of this weekend...Iraq is the only country in the world to have shut down their stock exchange. That's huge...IMO the rate did change...but it's only changed on the accounting books. It's not in the public realm. That is why Iraq had to shut down all their markets and also why they had to sneak in the last two currency auctions...they had to close out all the old accounting books for the fiscal year of 2019 before the rate could change. IMO the rate did change privately on the back-end over the weekend of 3-21 and 3-22... [Post 1 of 2....stay tuned]
4-12-2020 Guest Guru Nathan I've never been put under an NDA. So when you hear all this 'they're under an NDA.' 'They'll be put under NDA'...as far as I know in this community I'm the only one that's actually transacted on IQD and I've never once been put under NDA.
4-11-2020 Newshound Guru ChrisC "The Central Bank of Iraq published a documentary film of its production on the history and story of the Iraqi currency." I just watched the video on the dinar and it is pretty evident based on the themes they were projecting that they are getting ready to do something that will appear bold and powerful. They went to lengths to show how they stood up to the main power in the region to become independent and how, even during the US invasion, they protected the assets of the people and made sure they were safe. They wanted the people to see their strength and loyalty to the country of Iraq for a reason, and IMO, that would be a currency change.
4-11-2020 Newshound Guru MilitiaMan Article quote: "...customs duties were zeroed, and the facilities granted by the Central Bank of Iraq related to the strengthening of balances..." On Thursday they "ZEROED THE CUSTOMS DUTIES". So customs now being ELECTRONIC and having Zeroed them out, would that not suggest they are ushering in the new dinar, as once they've zeroed out the old, they electronically can, will or have had calibrated the electronic system for the new changes necessary for to bring in the new dinar? It sure looks like it...
4-11-2020 Guest Guru Nathan ...I'm more than confident whatever this thing is. Whether it's the GCR. Whether it's an RV or RI or whether it's a closed shop event reserved for the financial elites...top 25 banks and certain central banks in the world. I'm still very much confident it will be finished by the end of May. In a sense that whatever this thing is some of it if not all of it will be public. That may take the form of people walking into their local Wells Fargo branch and converting their IQD or even their Vietnamese dong I don't know. I don't claim to know...I take real world data points from people I work with, people I transact with and I take this and it's so compartmentalized and some of the people who are literally at the coalface of this thing do not have a holistic overview of what's going on. They've been given a directive do this. You do that and why are we doing this? That's none of your business. As you Americans like to say, 'a need to know basis.' It really is that compartmentalized...
4-11-2020 Intel Guru Frank26 ...for them to come out and say we've got a new currency we're gonna introduce with a new rate that's powerful and we're that close to that happening...IMO there are 3 more announcement. 3 more issues...but I think it's gonna be coming out rather rapid-fire - a week. A month - rapid fire.
4-11-2020 Intel/Newshound Guru sandyf [IQD float now, devalue, then ride the tide back up...just a thought...] More than a thought, what the IMF would be looking for, some sort of 10 year plan. Ignore Kap's [Guru Kaperoni's] claim that "most currencies around the world already float so they are priced by supply and demand". Less than 50% of the world's currencies are on any kind of float, and most of those are on a "managed" float, certainly not "managed" by supply and demand.
4-11-2020 Newshound Guru Pimpy ...whatever it is [RV, RI, float etc] it's obviously getting ready to happen here real soon. It just seems that way...there's something happening with the IQD...there's a play on it. There's a lot of activity involved in this. We don't know what it is. We'll see over time where this goes and where this lands...
4-11-2020 Guest Guru Nathan ...whatever this thing is I'm not saying it's an RV. I'm not saying this is an RI. Whatever the play is on the IQD, and there is a play, there's no disputing that...by certain institutions. But to be fair there has been for about 3 years now. There's been certain institutions positioning themselves in the IQD. Sizable positions. "Would you say there's a lot more activity in 2019 that you ever seen before?" The IQD activity revved up this year, beginning of this year at an institutional level, significantly above the institutional level that I was engaged with on my IQD transactions. "In 2020 it started racing up?" Big-time.
4-11-2020 Intel Guru Frank26 Article Quote: "It's the first time in the financial history of Iraq that the credit rating IS entered among the countries of the world which reflected positivity mostly in the stability also in the yield levels.". I'm not making this up! ...this is the definition of a fire. It's the American dollar and the Iraqi dinar doing this together. They aren't doing it by themselves...
4-11-2020 Intel Guru Bruce [via WiserNow] ...President Trump – from what I understand wants this started – I mean for us...our exchanges...started by the 17th which is next Friday... The banker sources...are still in line for us to start with exchanges Tuesday or Wednesday - I’m not calling it - just giving you what I’m hearing...next Tues or Wed after Easter Sunday...
4-11-2020 Newshound Guru MilitiaMan Article quote: "...customs duties were zeroed, and the facilities granted by the Central Bank of Iraq related to the strengthening of balances..." On Thursday they "ZEROED THE CUSTOMS DUTIES". So customs now being ELECTRONIC and having Zeroed them out, would that not suggest they are ushering in the new dinar, as once they've zeroed out the old, they electronically can, will or have had calibrated the electronic system for the new changes necessary for to bring in the new dinar? It sure looks like it...
4-11-2020 Guest Guru Nathan ...I'm more than confident whatever this thing is. Whether it's the GCR. Whether it's an RV or RI or whether it's a closed shop event reserved for the financial elites...top 25 banks and certain central banks in the world. I'm still very much confident it will be finished by the end of May. In a sense that whatever this thing is some of it if not all of it will be public. That may take the form of people walking into their local Wells Fargo branch and converting their IQD or even their Vietnamese dong I don't know. I don't claim to know...I take real world data points from people I work with, people I transact with and I take this and it's so compartmentalized and some of the people who are literally at the coalface of this thing do not have a holistic overview of what's going on. They've been given a directive do this. You do that and why are we doing this? That's none of your business. As you Americans like to say, 'a need to know basis.' It really is that compartmentalized...
4-11-2020 Intel Guru Frank26 ...for them to come out and say we've got a new currency we're gonna introduce with a new rate that's powerful and we're that close to that happening...IMO there are 3 more announcement. 3 more issues...but I think it's gonna be coming out rather rapid-fire - a week. A month - rapid fire.
4-11-2020 Intel/Newshound Guru sandyf [IQD float now, devalue, then ride the tide back up...just a thought...] More than a thought, what the IMF would be looking for, some sort of 10 year plan. Ignore Kap's [Guru Kaperoni's] claim that "most currencies around the world already float so they are priced by supply and demand". Less than 50% of the world's currencies are on any kind of float, and most of those are on a "managed" float, certainly not "managed" by supply and demand.
4-11-2020 Newshound Guru Pimpy ...whatever it is [RV, RI, float etc] it's obviously getting ready to happen here real soon. It just seems that way...there's something happening with the IQD...there's a play on it. There's a lot of activity involved in this. We don't know what it is. We'll see over time where this goes and where this lands...
4-11-2020 Guest Guru Nathan ...whatever this thing is I'm not saying it's an RV. I'm not saying this is an RI. Whatever the play is on the IQD, and there is a play, there's no disputing that...by certain institutions. But to be fair there has been for about 3 years now. There's been certain institutions positioning themselves in the IQD. Sizable positions. "Would you say there's a lot more activity in 2019 that you ever seen before?" The IQD activity revved up this year, beginning of this year at an institutional level, significantly above the institutional level that I was engaged with on my IQD transactions. "In 2020 it started racing up?" Big-time.
4-11-2020 Intel Guru Frank26 Article Quote: "It's the first time in the financial history of Iraq that the credit rating IS entered among the countries of the world which reflected positivity mostly in the stability also in the yield levels.". I'm not making this up! ...this is the definition of a fire. It's the American dollar and the Iraqi dinar doing this together. They aren't doing it by themselves...
4-11-2020 Intel Guru Bruce [via WiserNow] ...President Trump – from what I understand wants this started – I mean for us...our exchanges...started by the 17th which is next Friday... The banker sources...are still in line for us to start with exchanges Tuesday or Wednesday - I’m not calling it - just giving you what I’m hearing...next Tues or Wed after Easter Sunday...
4-10-2020 Newshound Guru Pimpy Article: "TBI [Trade Bank of Iraq] announces capital increase to $3bn under new 3 year strategic vision" ...there's a 3 year plan they're talking about. Between 2020 and 2023...we are in 2020. The rate change we are anticipating will happen this year...I've talked to a lot of people that deal in exchanges. These people said there are very very rich people coming in and buying large amount and not just because they're rich and just because they have the money to buy large amounts does not immune them from being stupid...What does it mean? Who knows. Does it mean anything? It's hard to say. We just think it's interesting...But more importantly is the fact that there's large financial institutions that are making a play on the Iraqi dinar. We're trying to figure out what that means. It might not mean anything to the common Joe but who knows. We're about to find out...
4-10-2020 Newshound Guru Adam Montana Article: "After being assigned to form a government, Al-Kazemi makes three pledges to the people" Quote: "...As Kazmi, pledged that the work His government is to “solve crises and push the economy forward.” Let's go, al-Kazemi! I was eying the appointment of Zarfi a little suspiciously...it didn't seem like a permanent thing. Maybe this is a shell game situation... keep an eye on the ball, which shell is it under? Mahdi here, wait, Zarfi here, no wait! Kazemi KAZAMMI KABLAMMIE (insert RV!)!
4-10-2020 Guest Guru Nathan ...I spoke to a very very senior central banker and I asked him....look what's this going on with the IQD? I said I've run the numbers I can't see how any of this stacks up but there's obviously something going on. He said something to me that I found eye-opening...he said in real basic terms...if certain (I'm not going to name names) but he said if certain institution get together - Do essentially a 'frame agreement' and they say the IQD is worth 'this' and they all agree then he said 'Nathan, the IQD is worth that'...
4-10-2020 Intel Guru MarkZ I’ve talked to all of my contacts and there is no new news…we are still in a holding period. They believe that the earliest we would see anything is the 13th or 14th.
4-10-2020 Intel Guru Frank26 I think there's so much going on. It's exciting. It's incredible. And I'm very happy...Trump...took Iraq and divvied it up and it's all over this planet. A lot of countries are depending on the reinstatement of the Iraqi dinar let alone you as an individual...
4-10-2020 Newshound Guru Pimpy ...our boy Zafari has stepped aside to let Al-Kazemi take the charge on the PM...I have to believe Zafari only gave up the opportunity to be PM to this guy Kazemi only because they happen to be on the same page...there is a lot of support for this guy. Let's hope that this guy is legitimate and he's there for the purposes of the Iraqi people...
4-10-2020 Newshound Guru Jeff ...Iraq held two currency auctions this week... And they backdated them by three weeks...to Wednesday 3-18 and Thursday 3-19. Why did they have those two currency auctions? ...They pulled a fast one right under everyone and no one caught it. The reason why they only had 2 currency auctions IMO...What they did right before you was closed out their year-end fiscal year for the year of 2019. By them getting the books closed out it allows them to change the rate this weekend...
4-10-2020 Intel Guru Frank26 The CBI will replace the currency that they've got right now - Three zeros or the old and worn lower denoms...they have printed new currency. They say they did it already. They say they're going to coexist...I think this week we're going to really get a lot of powerful trickle down information. More and more and more is coming from the CBI...notice where it's all leading to a finale of the monetary reform...
4-10-2020 Newshound Guru Adam Montana Article: "After being assigned to form a government, Al-Kazemi makes three pledges to the people" Quote: "...As Kazmi, pledged that the work His government is to “solve crises and push the economy forward.” Let's go, al-Kazemi! I was eying the appointment of Zarfi a little suspiciously...it didn't seem like a permanent thing. Maybe this is a shell game situation... keep an eye on the ball, which shell is it under? Mahdi here, wait, Zarfi here, no wait! Kazemi KAZAMMI KABLAMMIE (insert RV!)!
4-10-2020 Guest Guru Nathan ...I spoke to a very very senior central banker and I asked him....look what's this going on with the IQD? I said I've run the numbers I can't see how any of this stacks up but there's obviously something going on. He said something to me that I found eye-opening...he said in real basic terms...if certain (I'm not going to name names) but he said if certain institution get together - Do essentially a 'frame agreement' and they say the IQD is worth 'this' and they all agree then he said 'Nathan, the IQD is worth that'...
4-10-2020 Intel Guru MarkZ I’ve talked to all of my contacts and there is no new news…we are still in a holding period. They believe that the earliest we would see anything is the 13th or 14th.
4-10-2020 Intel Guru Frank26 I think there's so much going on. It's exciting. It's incredible. And I'm very happy...Trump...took Iraq and divvied it up and it's all over this planet. A lot of countries are depending on the reinstatement of the Iraqi dinar let alone you as an individual...
4-10-2020 Newshound Guru Pimpy ...our boy Zafari has stepped aside to let Al-Kazemi take the charge on the PM...I have to believe Zafari only gave up the opportunity to be PM to this guy Kazemi only because they happen to be on the same page...there is a lot of support for this guy. Let's hope that this guy is legitimate and he's there for the purposes of the Iraqi people...
4-10-2020 Newshound Guru Jeff ...Iraq held two currency auctions this week... And they backdated them by three weeks...to Wednesday 3-18 and Thursday 3-19. Why did they have those two currency auctions? ...They pulled a fast one right under everyone and no one caught it. The reason why they only had 2 currency auctions IMO...What they did right before you was closed out their year-end fiscal year for the year of 2019. By them getting the books closed out it allows them to change the rate this weekend...
4-10-2020 Intel Guru Frank26 The CBI will replace the currency that they've got right now - Three zeros or the old and worn lower denoms...they have printed new currency. They say they did it already. They say they're going to coexist...I think this week we're going to really get a lot of powerful trickle down information. More and more and more is coming from the CBI...notice where it's all leading to a finale of the monetary reform...
4-9-2020 Guest Guru Nathan Question: "When you made the comment the RV is not going to happen overnight can you clarify what do you mean?" I don't know what's gonna happen. I don't even know if this thing constitutes an RV. All I know is that certain institutions see significant value up and above the current rate of the IQD published rate. They have paid a significant premium for IQD... [Post 2 of 2]
4-9-2020 Guest Guru Nathan I don't claim to have all the answers and I've been involved in this thing for a number of years so I know for a fact hence why I now hold IQD. I know there's a play for the IQD and there has been for a number of years because I've been in very very large IQD transactions between some very prominent international firms...every time I consummated a transaction when I did "ask" the lead...I was given 'we can't discuss that right now.' [Post 1 of 2....stay tuned]
4-9-2020 Intel Guru RayRen98 PM-Designate Al-Zarfi announced, on Thursday, that he is stepping down from forming the Iraqi government. Mustafa Al-Kazemi has now been chosen to become the next PM-Designate with a new set of 30 days to form his cabinet -- if he takes that long.
4-9-2020 Newshound Guru Jeff Iraq as of this week has had two more currency auctions. They had a very specific goal and tasks they needed to accomplish that only needed and required Iraq to have and hold two more currency auctions. Iraq has now accomplished that goal. They had no intentions of resuming them. They had a very specific end goal that only needed two more currency auctions. That tells you everything you need to know about the rate change...
4-9-2020 Intel Guru Frank26 ...Donald Trump is now injected into the monetary reform of the Iraqi dinar. Donald Trump is now supervising it in every step...this is super amazing...it's 100% hands-on...the CBI is no longer calling the shots of the monetary reform...Iran has lost its cash cow...
4-9-2020 Intel Guru MarkZ [via PDK] My bankers are still looking for this to happen the earliest on the 13th or 14th... [Any news on the Iraqi Prime Minister and cabinet?] I have said this a number of times…they are never going to be able to keep a government until they get their monetary reform. The people are suffering and their money is not worth crap. I honestly believe we are going to see the CBI and the new rate and then we will see a stable government.
4-9-2020 Newshound/Intel Guru Francis Albert I saw...a post from IMF wanting a gradual appreciation of the Iraqi Dinar, and thus the poster was dissing the whole idea of some "revaluation". Is he right or wrong? Both. What I believe is going to happen is the Dinar will go officially International on FOREX around $1.00 or so and then gradually go up from there. The rise will be contingent on supply and demand of traders betting it is going to go up or down....and the companies that will take Dinar as payment will drive up the value. [Reference Guru Kaperoni post 4-8-2020]
4-9-2020 Newshound Guru Pimpy call it an RI. Call it RV. I don't know what you want to call it. Whatever it is, there definitely something happening... there is a lot of play with the IQD...there's definitely a lot of action going on with this...I know an exchange person...and he's got a lot of very very rich people coming in buying very very large amounts of the Iraqi dinar. Now that doesn't mean they have inside information but he's just saying an unusual amount of rich people have started coming in and buying large amounts of IQD...
4-9-2020 Guest Guru Nathan ...Everyone I speak to in the channels that I have connections to from the banking side and finance side it's all about the IQD...I always refer to this thing as spec [speculation?]. I don't know. I don't purport to know what's going on. All I do know is for whatever reason and for some time now certain institution...see great significant value in the IQD...whatever this event is, whether it takes the form of an RV, RI, GCR whether in fact it's a public even or it's what I term it's a closed shop event where certain global institution who have got together and then they're striking a deal and somehow the IQD is seen as playing a role. How much of a role I still don't know. Is it a pivotal role I still don't know.
4-9-2020 Newshound Guru Kaperoni The IMF recommends that the CBI start.. “creating the conditions which would make possible a move to a more flexible exchange rate policy" (float). This would prepare them for a more “predictable and gradual appreciation of the nominal exchange rate.” We already know the plan is to float dinar based on the IMF statement above (gradual appreciation).
4-9-2020 Intel Guru Frank26 ...all of these meetings [Fab 4, CBI and MOF etc] in my opinion tie into one thing. The direction of the monetary reform of reinstatement. All these meeting or "this one meeting" is rather consistent now. It's almost turned into a lava flow of information for the citizens...it leads to only one thing - a change in their currency structure. These meetings are not the yellow brick road. It's the golden road for the citizens of Iraq to finally see something that is so unknown to them - purchasing power. The yellow brick road originates with the Central Bank of Iraq...this meeting is the only way to start the end...
4-9-2020 Guest Guru Nathan I don't claim to have all the answers and I've been involved in this thing for a number of years so I know for a fact hence why I now hold IQD. I know there's a play for the IQD and there has been for a number of years because I've been in very very large IQD transactions between some very prominent international firms...every time I consummated a transaction when I did "ask" the lead...I was given 'we can't discuss that right now.' [Post 1 of 2....stay tuned]
4-9-2020 Intel Guru RayRen98 PM-Designate Al-Zarfi announced, on Thursday, that he is stepping down from forming the Iraqi government. Mustafa Al-Kazemi has now been chosen to become the next PM-Designate with a new set of 30 days to form his cabinet -- if he takes that long.
4-9-2020 Newshound Guru Jeff Iraq as of this week has had two more currency auctions. They had a very specific goal and tasks they needed to accomplish that only needed and required Iraq to have and hold two more currency auctions. Iraq has now accomplished that goal. They had no intentions of resuming them. They had a very specific end goal that only needed two more currency auctions. That tells you everything you need to know about the rate change...
4-9-2020 Intel Guru Frank26 ...Donald Trump is now injected into the monetary reform of the Iraqi dinar. Donald Trump is now supervising it in every step...this is super amazing...it's 100% hands-on...the CBI is no longer calling the shots of the monetary reform...Iran has lost its cash cow...
4-9-2020 Intel Guru MarkZ [via PDK] My bankers are still looking for this to happen the earliest on the 13th or 14th... [Any news on the Iraqi Prime Minister and cabinet?] I have said this a number of times…they are never going to be able to keep a government until they get their monetary reform. The people are suffering and their money is not worth crap. I honestly believe we are going to see the CBI and the new rate and then we will see a stable government.
4-9-2020 Newshound/Intel Guru Francis Albert I saw...a post from IMF wanting a gradual appreciation of the Iraqi Dinar, and thus the poster was dissing the whole idea of some "revaluation". Is he right or wrong? Both. What I believe is going to happen is the Dinar will go officially International on FOREX around $1.00 or so and then gradually go up from there. The rise will be contingent on supply and demand of traders betting it is going to go up or down....and the companies that will take Dinar as payment will drive up the value. [Reference Guru Kaperoni post 4-8-2020]
4-9-2020 Newshound Guru Pimpy call it an RI. Call it RV. I don't know what you want to call it. Whatever it is, there definitely something happening... there is a lot of play with the IQD...there's definitely a lot of action going on with this...I know an exchange person...and he's got a lot of very very rich people coming in buying very very large amounts of the Iraqi dinar. Now that doesn't mean they have inside information but he's just saying an unusual amount of rich people have started coming in and buying large amounts of IQD...
4-9-2020 Guest Guru Nathan ...Everyone I speak to in the channels that I have connections to from the banking side and finance side it's all about the IQD...I always refer to this thing as spec [speculation?]. I don't know. I don't purport to know what's going on. All I do know is for whatever reason and for some time now certain institution...see great significant value in the IQD...whatever this event is, whether it takes the form of an RV, RI, GCR whether in fact it's a public even or it's what I term it's a closed shop event where certain global institution who have got together and then they're striking a deal and somehow the IQD is seen as playing a role. How much of a role I still don't know. Is it a pivotal role I still don't know.
4-9-2020 Newshound Guru Kaperoni The IMF recommends that the CBI start.. “creating the conditions which would make possible a move to a more flexible exchange rate policy" (float). This would prepare them for a more “predictable and gradual appreciation of the nominal exchange rate.” We already know the plan is to float dinar based on the IMF statement above (gradual appreciation).
4-9-2020 Intel Guru Frank26 ...all of these meetings [Fab 4, CBI and MOF etc] in my opinion tie into one thing. The direction of the monetary reform of reinstatement. All these meeting or "this one meeting" is rather consistent now. It's almost turned into a lava flow of information for the citizens...it leads to only one thing - a change in their currency structure. These meetings are not the yellow brick road. It's the golden road for the citizens of Iraq to finally see something that is so unknown to them - purchasing power. The yellow brick road originates with the Central Bank of Iraq...this meeting is the only way to start the end...
4-8-2020 *** Dinar Guru Update *** The CBI official market rate for the dinar has not been updated since 3-16-2020 - The last reported market rate is 1203.455. Several gurus have mentioned the market rate has increased (which means the value has gone down) in certain Iraqi markets. We're waiting to see what the CBI reports when they officially update. You can always see the official Central Bank of Iraq rates on the left side of this page...
4-8-2020 Intel Guru Bruce [via WiserNow] ...we’re funneling information in from a number of different sources...all we can do is literally wait and stay positive because we know we’re in the zone for this to come out...We are in that period of time where we really do expect this to come forward pretty quickly – I have no idea of anything that would have to drag way beyond where we are now in this time frame of around Easter – I am excited about where we are I ‘m just a little unsure of course when our start time is going to be – you see a lot of things out there...We will see how all of this unfolds before – during and after Easter...
4-8-2020 Newshound Guru Vital Brad It's a rally exciting time right now...I've been reporting on this for the last four years, been following It for the last ten years and what's happening and what I think is expected to happen this week is absolutely incredible. I never put a date on what's going on. I've never put a rate on what I think the Iraqi dinar is going to revalue at...But this Easter weekend is something to really be paying attention to...I'm a holder of Iraqi dinar...it's going to be a currency that revalues at a much higher rate than it is currently at right now. I will be able to take the Iraqi dinar notes that I have and I believe it's going to be a higher value...you've got to be paying attention to what's happening...
4-8-2020 Guest Guru Nathan ...I actually do know people in the CBI...I went to school in the Middle East...a number of my school friends are now in prominent positions in Iraq and two of which are quite high up in the CBI...the auctions started a couple days ago...the purpose of the auctions is to supply US dollars into the Iraqi economy...the majority of the dollars provided to the CBI are in digital format because the CBI receives its dollars from oil sales...I've been to the CBI auctions. Very rarely does the CBI actually supply the physical USD currency for the auctions...the CBI auction's main priority has been to distribute the digital US dollars into the Iraqi economy...I would expect the actual cash physical currency...auction within the next few days/couple of weeks...I don't know that for sure. It's an educated guess...
4-8-2020 Intel Guru Delta ...in my personal opinion for the CBI not to care about the exchange rate in the market...about 1300...gives you an indication that they're about to announce it to the world that they are article 8 officially and in order for them to do this they have to show the true rate. That's why in my opinion they're not giving cash anymore...and number 2 is they're about to raise the value then the MPC isn't going to matter any more. And the 2% compliance is not going to affect them anymore...in my speculations only this [The RI rate change] could happen at any moment. That's why I'm only watching the Central Bank of Iraq...He's [Allaq] is about to pull the trigger.
4-8-2020 Intel Guru Frank26 ...Allaq has been telling the citizens, 'We are in the process of dealing with the exchange rate of the Iraqi dinar. And we are in the process of dealing with the dollar in a different way in our auctions.' Everything else I don't pay any attention to it. Everything else? Misinterpretation...I'm seeing today's auction as an auction without any cash. Which means nothing has changed. Status quo. Everything is still the same. The auctions have stopped.
4-8-2020 Intel Guru MarkZ [via PDK] ...Everybody is in a waiting pattern for late in the weekend or very early into next week with great expectations…I think Iraq will quickly come up to speed …everything should go into place once they have a stable currency …the government ect…
4-8-2020 Newshound Guru Jeff The articles that came out telling us that they were going to continue and resume the currency auction are BS...on Monday of this week I showed you an article that said the CBI's goal was to stop the flow of the US dollar and that's what the auction are - the US dollar...they don't have any auctions that have occurred past March 19th...They could resume the auctions after the rate change but as of right now the auctions are shut down...That's one of the things that we needed to see stopped as a preparation for the rate change. That's why we're putting a focus and emphasis on this...the ISX stock trading and the currency auction are stopped. We're looking really good...
4-8-2020 Newshound Guru Pimpy ...we see the auctions have already happened and already you guys are losing your freaking minds over it...but it's clearly an auction. What's gonna happen if the ISX opens and there's no rate change? All doom and gloom and negativity that's gonna be overwhelming everybody. Why?...the currency auctions have started there's no doubt about it...it's doesn't mean it's the end of the world. It doesn't mean that the rate is not going to change. I still think it's going to change...
4-8-2020 Intel Guru MarkZ ...the good thing is they are enforcing the necessity for a reset. We will get our reset people!!! I believe Trump is working on it…he is a gold bug working with a messed up system and trying to keep it propped up until the reset is ready. [There was a rumor out from Isaac that no RV until November now….] No way…no part of me thinks we will be waiting until November...
4-8-2020 Newshound Guru Jeff Article: "The Finance Committee comments on the Central Banks' decision to stop the flow of the dollar" ...the Central Banks goal is really to stop the flow of the U.S. dollar. That's their goal. Remember that's actually an article VIII requirement - they can only use the Iraq dinar.
4-8-2020 Newshound Guru Vital Brad It's a rally exciting time right now...I've been reporting on this for the last four years, been following It for the last ten years and what's happening and what I think is expected to happen this week is absolutely incredible. I never put a date on what's going on. I've never put a rate on what I think the Iraqi dinar is going to revalue at...But this Easter weekend is something to really be paying attention to...I'm a holder of Iraqi dinar...it's going to be a currency that revalues at a much higher rate than it is currently at right now. I will be able to take the Iraqi dinar notes that I have and I believe it's going to be a higher value...you've got to be paying attention to what's happening...
4-8-2020 Guest Guru Nathan ...I actually do know people in the CBI...I went to school in the Middle East...a number of my school friends are now in prominent positions in Iraq and two of which are quite high up in the CBI...the auctions started a couple days ago...the purpose of the auctions is to supply US dollars into the Iraqi economy...the majority of the dollars provided to the CBI are in digital format because the CBI receives its dollars from oil sales...I've been to the CBI auctions. Very rarely does the CBI actually supply the physical USD currency for the auctions...the CBI auction's main priority has been to distribute the digital US dollars into the Iraqi economy...I would expect the actual cash physical currency...auction within the next few days/couple of weeks...I don't know that for sure. It's an educated guess...
4-8-2020 Intel Guru Delta ...in my personal opinion for the CBI not to care about the exchange rate in the market...about 1300...gives you an indication that they're about to announce it to the world that they are article 8 officially and in order for them to do this they have to show the true rate. That's why in my opinion they're not giving cash anymore...and number 2 is they're about to raise the value then the MPC isn't going to matter any more. And the 2% compliance is not going to affect them anymore...in my speculations only this [The RI rate change] could happen at any moment. That's why I'm only watching the Central Bank of Iraq...He's [Allaq] is about to pull the trigger.
4-8-2020 Intel Guru Frank26 ...Allaq has been telling the citizens, 'We are in the process of dealing with the exchange rate of the Iraqi dinar. And we are in the process of dealing with the dollar in a different way in our auctions.' Everything else I don't pay any attention to it. Everything else? Misinterpretation...I'm seeing today's auction as an auction without any cash. Which means nothing has changed. Status quo. Everything is still the same. The auctions have stopped.
4-8-2020 Intel Guru MarkZ [via PDK] ...Everybody is in a waiting pattern for late in the weekend or very early into next week with great expectations…I think Iraq will quickly come up to speed …everything should go into place once they have a stable currency …the government ect…
4-8-2020 Newshound Guru Jeff The articles that came out telling us that they were going to continue and resume the currency auction are BS...on Monday of this week I showed you an article that said the CBI's goal was to stop the flow of the US dollar and that's what the auction are - the US dollar...they don't have any auctions that have occurred past March 19th...They could resume the auctions after the rate change but as of right now the auctions are shut down...That's one of the things that we needed to see stopped as a preparation for the rate change. That's why we're putting a focus and emphasis on this...the ISX stock trading and the currency auction are stopped. We're looking really good...
4-8-2020 Newshound Guru Pimpy ...we see the auctions have already happened and already you guys are losing your freaking minds over it...but it's clearly an auction. What's gonna happen if the ISX opens and there's no rate change? All doom and gloom and negativity that's gonna be overwhelming everybody. Why?...the currency auctions have started there's no doubt about it...it's doesn't mean it's the end of the world. It doesn't mean that the rate is not going to change. I still think it's going to change...
4-8-2020 Intel Guru MarkZ ...the good thing is they are enforcing the necessity for a reset. We will get our reset people!!! I believe Trump is working on it…he is a gold bug working with a messed up system and trying to keep it propped up until the reset is ready. [There was a rumor out from Isaac that no RV until November now….] No way…no part of me thinks we will be waiting until November...
4-8-2020 Newshound Guru Jeff Article: "The Finance Committee comments on the Central Banks' decision to stop the flow of the dollar" ...the Central Banks goal is really to stop the flow of the U.S. dollar. That's their goal. Remember that's actually an article VIII requirement - they can only use the Iraq dinar.
4-7-2020 Newshound/Intel Guru Mnt Goat Article: "WASHINGTON INTENDS TO MONITOR THE CENTRAL BANK OF IRAQ UNDER SUPERVISION FOR ITS INVOLVEMENT IN WITHDRAWING THE DOLLAR ILLEGALLY" As we all know the CBI stopped selling the dollar at the currency auctions on around March 17th. So just recently they began the auctions again. They were forced to shut down due the illegal sales of the dollar to Iran that circumvented the US sanctions. A team of US specialists entered Iraq and worked with the CBI to find ways around the corruption. Now that these measures are in place, the auctions were restarted. This monitoring process will continue. The CBI must get within the 2% compliance again.
4-7-2020 Newshound Guru Jeff After the rate changes...I've already talked to Wells Fargo private client services privately...Private Client Services is not a bank branch they're a division of Wells Fargo that actually invest money for you. They said depending on the amount of dinar you have they can actually exchange foreign currency at a lower price and lower fees and rates than the actual bank branches can. We're finding out that bank branches are probably gonna do it about 1-ish% based on the amount of dinar you actually have...might be able to get reduced fees around 1/2 a percent on exchange...
4-7-2020 Intel Guru Frank26 ...the Central Bank of Iraq is telling their banks to start retaining more dinars and don't use as many American dollars. These are choice words... Why? Because the CBI was told to do this too...they will change the auction format because they can't keep pumping high volumes of dollars into their market...the auctions are coming back soon. This time they will come back to serve the economy of Iraq...
4-7-2020 Newshound Guru MilitiaMan Article: "The Trade Bank of Iraq issues an explanation regarding the work of ATMs" Quote: "The bank said in a statement, "All ATMs continue to operate around the clock in Baghdad and the provinces." Timing of this one with the talk of a new Mechanism for electronic account balances... I'll bet they will be reflecting the new currency too in short order...imo.
4-7-2020 Intel Guru MarkZ ...I am hearing this from all my banking contacts and paymasters are looking for something to happen over this Easter weekend. To be in place by the 14th. They are all being very consistent now. I am hearing the delay has honestly been logistics with the CV19. They don’t have the people in place to exchange us…people can’t travel… [So they are kicking the can again?] No way do I believe they are kicking any cans …I think it is a mad dash to coordinate logistics and to get it out...
4-7-2020 Newshound Guru Pimpy Article quote "Zarfi pledged elections within a year of forming his cabinet and vowed to respond to the demands of the protestors." Dude I'm really pumped about this...what do you think one of those needs are? ...one of the protestors said he is upset that of the fact that he has 250 dinars in his pocket and it's not even worth a quarter. That to me sounds like somebody who's looking for more purchasing power...
4-7-2020 Newshound Guru Jeff ...yesterday Monday they did not have a currency auction. Today looks just like Sunday. Today they're showing us they had a currency auction but again just like Sunday the total cash sale is zero. They haven't sold anything this whole week. BOOM! We're looking good. We're right on to see a blessing this weekend...the ISX stock exchange..say the last update was March 16 so again they have not had any actual stock trading since March 16th and so far they technically have not sold anything at the auctions really since 3-16 either...looking good. I'm excited.
4-7-2020 Intel Guru Footforward ...I'm wanting to encourage people not to give up. It's my opinion the RV is close. It's my opinion the finish line is not far away. Finish well. That's the point I'm trying to make.
4-7-2020 Newshound Guru Jeff After the rate changes...I've already talked to Wells Fargo private client services privately...Private Client Services is not a bank branch they're a division of Wells Fargo that actually invest money for you. They said depending on the amount of dinar you have they can actually exchange foreign currency at a lower price and lower fees and rates than the actual bank branches can. We're finding out that bank branches are probably gonna do it about 1-ish% based on the amount of dinar you actually have...might be able to get reduced fees around 1/2 a percent on exchange...
4-7-2020 Intel Guru Frank26 ...the Central Bank of Iraq is telling their banks to start retaining more dinars and don't use as many American dollars. These are choice words... Why? Because the CBI was told to do this too...they will change the auction format because they can't keep pumping high volumes of dollars into their market...the auctions are coming back soon. This time they will come back to serve the economy of Iraq...
4-7-2020 Newshound Guru MilitiaMan Article: "The Trade Bank of Iraq issues an explanation regarding the work of ATMs" Quote: "The bank said in a statement, "All ATMs continue to operate around the clock in Baghdad and the provinces." Timing of this one with the talk of a new Mechanism for electronic account balances... I'll bet they will be reflecting the new currency too in short order...imo.
4-7-2020 Intel Guru MarkZ ...I am hearing this from all my banking contacts and paymasters are looking for something to happen over this Easter weekend. To be in place by the 14th. They are all being very consistent now. I am hearing the delay has honestly been logistics with the CV19. They don’t have the people in place to exchange us…people can’t travel… [So they are kicking the can again?] No way do I believe they are kicking any cans …I think it is a mad dash to coordinate logistics and to get it out...
4-7-2020 Newshound Guru Pimpy Article quote "Zarfi pledged elections within a year of forming his cabinet and vowed to respond to the demands of the protestors." Dude I'm really pumped about this...what do you think one of those needs are? ...one of the protestors said he is upset that of the fact that he has 250 dinars in his pocket and it's not even worth a quarter. That to me sounds like somebody who's looking for more purchasing power...
4-7-2020 Newshound Guru Jeff ...yesterday Monday they did not have a currency auction. Today looks just like Sunday. Today they're showing us they had a currency auction but again just like Sunday the total cash sale is zero. They haven't sold anything this whole week. BOOM! We're looking good. We're right on to see a blessing this weekend...the ISX stock exchange..say the last update was March 16 so again they have not had any actual stock trading since March 16th and so far they technically have not sold anything at the auctions really since 3-16 either...looking good. I'm excited.
4-7-2020 Intel Guru Footforward ...I'm wanting to encourage people not to give up. It's my opinion the RV is close. It's my opinion the finish line is not far away. Finish well. That's the point I'm trying to make.
4-6-2020 Newshound Guru MilitiaMan Article quote: "In the context of the corona crisis and its associated cash crisis, a new currency-foreign exchange mechanism or tool should be adopted to support the banking and banking sector, as the central bank of Iraq has stopped selling the dollar in cash to the exchange companies through Banks...and then they make payments according to the customer's desire, either in cash or in the account balances of electronic cards to the public..." This sure looks like the MEETING went well today. They are talking about the NEW CURRENCY! A MECHANISM to support the Banking Sector that will be facilitated by use for electronic cards... Wow, things are moving along now very nicely! imo.
4-6-2020 Intel Guru Frank26 ...IMO the introduction of the new small category notes will be with a fixed rate - regardless if it's pegged to a basket with another currency or regardless if it's pegged to the American dollar...I see 1 to 1 in the country. But then when the dinar is established enough internally and has permeated the banking structure and the markets of the world...then you're going to see confidence being built in the Iraqi dinar...then you're going to see stability for the Iraqi dinar internationally...
4-6-2020 Intel Guru RayRen98 ...News saying after long delay, China is preparing to close the "deal of the century" on oil with Iraq next week. The auctions started back...after being down since March 17...selling dollars only. News ticker on Iraqi TV broadcasts Al Zarfi saying that his government is ready and will be presented to Parliament within 48 hours.
4-6-2020 Newshound Guru Jeff ...Iraq can produce oil at about $10.70 per barrel. Back in 2016 it only cost Iraq about $11 a barrel to create it...just yesterday [Friday] Brent oil which is what Iraq works on...was already at $34 a barrel..they only need $44 to really fund the country...they only need oil about $45 to $50 a barrel to really fund their costs and obligation to run the country...
4-6-2020 Intel Guru MarkZ [via PDK] I’ve talked to the folks in Europe and Aisia…My bankers at this point are looking at mid April…All my banker contacts are looking at after Easter Weekend. The people I know at redemption centers...are busy putting in protocols for safety right now. I do not think you will be swabbed at the exchange. They are putting in sneeze guards and stuff like that which I think is a positive sign they are getting ready for us… Big stuff over the weekend in Iraq...pay attention to world events....this is going REAL FAST...there has been a lot of good news guys, world leaders have openly talked about the reset…even my local bankers have talked about the reset…it’s becoming a main street conversation which is huge. …we all just need to wait it out and watch the show…it’s happening.
4-6-2020 Newshound Guru Chattels The current premier-designate has until April 16 to form the next cabinet and be approved by the majority of the parliament – or face a similar fate as Allawi, who failed to get his cabinet of independent technocrats approved after rebellion from Sunni, Kurdish, and some Shiite parties. We shall see...
4-6-2020 Newshound Guru Pimpy Yes, the currency auctions are open. Yes there was an auction today. They did not sell any physical cash but they did sell digital cash. So the currency auctions are open... [Reference Guru Jeff's 4-6-2020 post]
4-6-2020 Newshound Guru Jeff ...even though they told you in the news that they actually have resumed the currency auctions they didn't sell anything. There were zero sales. That's the same as not having currency auctions...
4-6-2020 Newshound Guru Jeff Article "Al-Zarfi reveals the date of the parliamentary to vote on the new government" ...that will be approximately Wednesday to Thursday of this week we're entering into now.
4-6-2020 Newshound/Intel Guru BGG [Reference Mike Cottrell post 4-3-2020: "As far as Exchange protocols have always been to have a DeLarue machine verify each currency. I assume it would still be a sanitary way to do it with minimal contact"] ...None of this is accurate. The De La Rue machine is not an automated authentication protocol. Anyone saying it is – or speaking as an “authority” on the subject is making it up as they go. It is a high end counter and “screening device” – IT DOES NOT AUTHENTICATE ANYTHING. I have spoken to the engineers who designed it (in London) on a number of occasions. This was their description directly to me. Had it been the device everyone is claiming – I would have bought (or leased) one. It is not.
4-6-2020 Intel Guru Frank26 ...IMO the introduction of the new small category notes will be with a fixed rate - regardless if it's pegged to a basket with another currency or regardless if it's pegged to the American dollar...I see 1 to 1 in the country. But then when the dinar is established enough internally and has permeated the banking structure and the markets of the world...then you're going to see confidence being built in the Iraqi dinar...then you're going to see stability for the Iraqi dinar internationally...
4-6-2020 Intel Guru RayRen98 ...News saying after long delay, China is preparing to close the "deal of the century" on oil with Iraq next week. The auctions started back...after being down since March 17...selling dollars only. News ticker on Iraqi TV broadcasts Al Zarfi saying that his government is ready and will be presented to Parliament within 48 hours.
4-6-2020 Newshound Guru Jeff ...Iraq can produce oil at about $10.70 per barrel. Back in 2016 it only cost Iraq about $11 a barrel to create it...just yesterday [Friday] Brent oil which is what Iraq works on...was already at $34 a barrel..they only need $44 to really fund the country...they only need oil about $45 to $50 a barrel to really fund their costs and obligation to run the country...
4-6-2020 Intel Guru MarkZ [via PDK] I’ve talked to the folks in Europe and Aisia…My bankers at this point are looking at mid April…All my banker contacts are looking at after Easter Weekend. The people I know at redemption centers...are busy putting in protocols for safety right now. I do not think you will be swabbed at the exchange. They are putting in sneeze guards and stuff like that which I think is a positive sign they are getting ready for us… Big stuff over the weekend in Iraq...pay attention to world events....this is going REAL FAST...there has been a lot of good news guys, world leaders have openly talked about the reset…even my local bankers have talked about the reset…it’s becoming a main street conversation which is huge. …we all just need to wait it out and watch the show…it’s happening.
4-6-2020 Newshound Guru Chattels The current premier-designate has until April 16 to form the next cabinet and be approved by the majority of the parliament – or face a similar fate as Allawi, who failed to get his cabinet of independent technocrats approved after rebellion from Sunni, Kurdish, and some Shiite parties. We shall see...
4-6-2020 Newshound Guru Pimpy Yes, the currency auctions are open. Yes there was an auction today. They did not sell any physical cash but they did sell digital cash. So the currency auctions are open... [Reference Guru Jeff's 4-6-2020 post]
4-6-2020 Newshound Guru Jeff ...even though they told you in the news that they actually have resumed the currency auctions they didn't sell anything. There were zero sales. That's the same as not having currency auctions...
4-6-2020 Newshound Guru Jeff Article "Al-Zarfi reveals the date of the parliamentary to vote on the new government" ...that will be approximately Wednesday to Thursday of this week we're entering into now.
4-6-2020 Newshound/Intel Guru BGG [Reference Mike Cottrell post 4-3-2020: "As far as Exchange protocols have always been to have a DeLarue machine verify each currency. I assume it would still be a sanitary way to do it with minimal contact"] ...None of this is accurate. The De La Rue machine is not an automated authentication protocol. Anyone saying it is – or speaking as an “authority” on the subject is making it up as they go. It is a high end counter and “screening device” – IT DOES NOT AUTHENTICATE ANYTHING. I have spoken to the engineers who designed it (in London) on a number of occasions. This was their description directly to me. Had it been the device everyone is claiming – I would have bought (or leased) one. It is not.
4-5-2020 Newshound/Intel Guru Walkingstick [via Frank26] We told you the CBI would explain the reasons for the currency exchange rate change and the changing of the auctions with the American dollar. That is exactly what they're doing...we thought two days to see this instead we see the urgency to accomplish these two important crucial steps in the monetary reform in the unstoppable lava flow...things are happening at the speed of light. These meetings are now dealing with these two powerful subjects that we only have dreamed about that they would talk about let alone talk to the citizens about. And they're happening fast..
4-5-2020 Newshound Guru Jeff IMO I think that they're now entering into week 4 for the RI rate change process...and I've told you that I felt through faith that I sensed that the rate would change approximately Easter Sunday April 12th. Notice how the week we're entering into Iraq magically has the cabinet lineup for votes. The timing...it's so perfect it's not coincidence...they made it unfold just like a soap opera. So magically perfect...they're telling you they're gonna finish the formation of the government this week. Then they'll change the rate next weekend. Then right after the rate changes parliament will be ready to start the approval process of the budget sometime around the second half of April. That's not coincidence. That's all strategically planned.
4-5-2020 Intel/Newshound Guru tman23 ...There is economic calamity and it is world wide . That being said, IMF released a statement saying it will be worse than 12 years ago. Buckle crew, looks like a global reset could be reality and that is the only dinar savior. Never bought into the reset but it’s sure looking that it’s on the table and very likely... we are going to find out shortly because it’s really very soon or NEVER.
4-5-2020 Intel Guru Frank26 Article 1: "Central Bank: The dollar appreciation will end this week". Article 2: "Central Bank Information: The rise in the dollar exchange rate will end this week" ...I don't know whether to cry or to cry. Really?! If it ends then you gotta raise the value of your currency. And it tells you that's what they're doing...it's so powerful. Quote "We're to use 75% in dollars and 25% in dinars." ...they were using 100% of the dollar and now its only 75% of it. Guess what it'll be next week...IMO the new small category notes and the coins is in the pipeline...it might be upon us very quickly...
4-5-2020 Newshound/Intel Guru Walkingstick [via Guru Frank26] ...we told you they would continue the education of the monetary reform to the citizens... And the CBI now today explains the reasons of the change in their currency exchange rate...these meetings are still going on. The two criteria are the auctions to stop and change how they use the American dollar and their currency exchange rate against the American dollar. These are the topics of discussion going on right now...this meeting started earlier today [Saturday]... They're talking about the IQD. The powerhouses are talking about the monetary reform in a series of chronological events. They're having a powwow so they can tell the citizens...this whole thing is ongoing. It's hot...this thing is moving fast for a reason.
4-5-2020 Newshound Guru Pimpy ...the more I read these articles the more apparent it looks like they're heading possibly to civil war. There's a lot of threats going on. We know that Trump has a new approach to Iraq that is they want them to put their big-boy pants on and want them to kick the training wheels off and they wanted to start doing away with these Iran backed militia groups. As a matter of fact Trump has put together a task force to go in there and start removing them...as far as the dinar is concerned it's going to happen sooner or later. I know a lot of us want it to happen very soon and that's still a high probability...I anticipate Iraq to really really grow into who we think they should be and that is one of the wealthiest nations in the world...
4-5-2020 Newshound Guru Jeff Article "Central Bank: The dollar's appreciation will end this week" ...they're basically saying during the current week they're gonna try to implement some steps to reduce the high exchange rate or high value of the U.S. dollar. They're telling you roughly somewhere during next week or even within a week that they're trying to... devalue the dollar within the country of Iraq... [Thursday's Article said] they're basically saying around the next official holiday Iraq will increase their exchange rate...this article is telling you the same thing. That within about a week they're gonna curb the value of the dollar and reduce it. You've got two articles telling you the same thing from two different angles...that's amazing information.
4-5-2020 Newshound Guru Kaperoni Progress appears to be made on formalizing the new government and prime minister. A vote seems likely next week.
4-5-2020 Newshound Guru Jeff IMO I think that they're now entering into week 4 for the RI rate change process...and I've told you that I felt through faith that I sensed that the rate would change approximately Easter Sunday April 12th. Notice how the week we're entering into Iraq magically has the cabinet lineup for votes. The timing...it's so perfect it's not coincidence...they made it unfold just like a soap opera. So magically perfect...they're telling you they're gonna finish the formation of the government this week. Then they'll change the rate next weekend. Then right after the rate changes parliament will be ready to start the approval process of the budget sometime around the second half of April. That's not coincidence. That's all strategically planned.
4-5-2020 Intel/Newshound Guru tman23 ...There is economic calamity and it is world wide . That being said, IMF released a statement saying it will be worse than 12 years ago. Buckle crew, looks like a global reset could be reality and that is the only dinar savior. Never bought into the reset but it’s sure looking that it’s on the table and very likely... we are going to find out shortly because it’s really very soon or NEVER.
4-5-2020 Intel Guru Frank26 Article 1: "Central Bank: The dollar appreciation will end this week". Article 2: "Central Bank Information: The rise in the dollar exchange rate will end this week" ...I don't know whether to cry or to cry. Really?! If it ends then you gotta raise the value of your currency. And it tells you that's what they're doing...it's so powerful. Quote "We're to use 75% in dollars and 25% in dinars." ...they were using 100% of the dollar and now its only 75% of it. Guess what it'll be next week...IMO the new small category notes and the coins is in the pipeline...it might be upon us very quickly...
4-5-2020 Newshound/Intel Guru Walkingstick [via Guru Frank26] ...we told you they would continue the education of the monetary reform to the citizens... And the CBI now today explains the reasons of the change in their currency exchange rate...these meetings are still going on. The two criteria are the auctions to stop and change how they use the American dollar and their currency exchange rate against the American dollar. These are the topics of discussion going on right now...this meeting started earlier today [Saturday]... They're talking about the IQD. The powerhouses are talking about the monetary reform in a series of chronological events. They're having a powwow so they can tell the citizens...this whole thing is ongoing. It's hot...this thing is moving fast for a reason.
4-5-2020 Newshound Guru Pimpy ...the more I read these articles the more apparent it looks like they're heading possibly to civil war. There's a lot of threats going on. We know that Trump has a new approach to Iraq that is they want them to put their big-boy pants on and want them to kick the training wheels off and they wanted to start doing away with these Iran backed militia groups. As a matter of fact Trump has put together a task force to go in there and start removing them...as far as the dinar is concerned it's going to happen sooner or later. I know a lot of us want it to happen very soon and that's still a high probability...I anticipate Iraq to really really grow into who we think they should be and that is one of the wealthiest nations in the world...
4-5-2020 Newshound Guru Jeff Article "Central Bank: The dollar's appreciation will end this week" ...they're basically saying during the current week they're gonna try to implement some steps to reduce the high exchange rate or high value of the U.S. dollar. They're telling you roughly somewhere during next week or even within a week that they're trying to... devalue the dollar within the country of Iraq... [Thursday's Article said] they're basically saying around the next official holiday Iraq will increase their exchange rate...this article is telling you the same thing. That within about a week they're gonna curb the value of the dollar and reduce it. You've got two articles telling you the same thing from two different angles...that's amazing information.
4-5-2020 Newshound Guru Kaperoni Progress appears to be made on formalizing the new government and prime minister. A vote seems likely next week.
4-4-2020 Newshound Guru Pimpy ...what this guy is saying is that the value of the dollar is strong against the dinar. They need to do something about that...We all know if they float the dinar that's based on supply and demand. We all know there's a lot of people that want to buy dinar...So what they need to do is lower the value of the US dollar...How are they gonna do that? By floating the dinar and allowing the rate to increase. Go ahead, do the pee-pee dance! It looks like a lot of this is lining up...quote "floating the dinar to fill part of the state's budget deficit is impossible. But it may be in harmony with the current situation to compensate for the shortfall of the oil revenues." They're saying look we need to do something to fill in the budget gap because of the shortfalls of the oil. And how do you do that? ...They need to increase the rate...we might be at the doorstep. Finally people! Let's not get overly excited. But it's starting to look really really good... [Post 2 of 2]
4-4-2020 Newshound Guru Pimpy Article "...the economic adviser to the Iraq Prime Minister Salih...the process of increasing the foreign exchange rate of the Iraqi dinar always occurs during the official holidays. This is a natural and expected thing due to the current conditions..." What are they talking about? They're talking about changing rate after the curfew. After the crisis...Is the rate change ready to happen? Is there any other articles out there that support this? Yes there is! Article quote "The Finance Committee comments on Friday the central bank's decision to stop the dollar from flowing into the market with the aim of floating the dinar and reducing its value in order to fill parts of the budget deficit and the needs of the government." What does it want to do? It wants to lower the value of the dollar by floating the dinar... [Post 1 of 2....stay tuned]
4-4-2020 Newshound Guru Chattels Mahdi has "stepped away" but he has not "left his post", It is a curious constitutional posture from what I understand. Zarfi's government, people and policy program, are arguably dead on arrival. Both Ameri and Maliki oppose him. The Kurds have said that they will not support any PM designate without a Shia consensus favoring that candidate. While I put my money on an increase in value of the dinar, I must allow for the probability that Mahdi will stay until elections in 2022 if the/any government survives.
4-4-2020 Newshound/Intel Guru RVAlready I think CBI has been consistently trying to make the RV happen. On the other hand, since they are signatories to the GCR, once the price of oil goes back up, I think the UN will force the RV, independent of what Iraq is saying. I think the world has had enough of Iraq politics. And the UN will tell them all when to react.
4-4-2020 Newshound Guru Pimpy Article: "Al-Zarfi challenges the Shiite force and requests an appointment for the confidence session." This guy is ready to get in there..."the Prime Minister designate Zarfi said Friday that he will present his government program to parliament tomorrow Saturday with the request to set the date for the session to give confidence to his government..." I feel like finally we're gonna get what we want and that is a prime minister in there with his government...he has a really good relationship with America and the Trump Administration. And this guy is not a fan of Iran...Iraq is starting to look like it's stabilizing a little bit. With this new PM going in there. With this new government going in there. And Trump going in there removing the influence and the grip of the Iranian people. Let's just hope it's time...
4-4-2020 Newshound Guru Kaperoni We know from past history that when the exchange rate gets out of whack it takes many months to get it back in line using the traditional auction. So the CBI statement today is very interesting. The CBI announced today that this weak dinar will change soon. And at the same time a member of parliament today stated that they stopped the auctions in preparation to float. Though none of this is definitive it is very interesting and the pieces sound compelling that they may be going to float in very short order. But we'll just have to wait and see... [post 2 of 2]
4-4-2020 Newshound Guru Kaperoni A couple of weeks ago A member of parliament came out in two articles that the central bank was about to float the currency. We never heard anything further other than those two articles. Last week the Central Bank of Iraq announced that they were going to stop the auctions temporarily. This is had a negative effect on the dinar market rate as it provides a balance between dinars and dollars as well as providing a source of dollars to pay for foreign imports. As of today the market rate in Iraq has dropped to 1260 to $1. This is a direct result of a lack of dollars available in the marketplace. [post 1 of 2....stay tuned] [The CBI official market rate for Iraq has not been updated since 3-16-2020 - You can always see the official Central Bank of Iraq rates on the left side of this page.]
4-4-2020 Intel/Newshound Guru tman23 What a worldwide conundrum! So what has a better chance of happening in the future 1) Iraq opens their market economy 2) there is a global reset of debt and currency values. Personally I tend to believe #2 is in play as a real possibility. And if a reset on world economies came about, it would affect #1 and their currency value ... But waiting for Iraq to reach an open market economy with poor infrastructure and poor skilled labor pools with poor work ethics being the lynch pin to gain value to the currency along with a stable government... if that’s what Kap [Guru Kaperoni] is waiting on and follows 24/7...one word with a proven history proves it will never happen that way ...that word is IRAQ!!
4-4-2020 Newshound Guru Pimpy Article "...the economic adviser to the Iraq Prime Minister Salih...the process of increasing the foreign exchange rate of the Iraqi dinar always occurs during the official holidays. This is a natural and expected thing due to the current conditions..." What are they talking about? They're talking about changing rate after the curfew. After the crisis...Is the rate change ready to happen? Is there any other articles out there that support this? Yes there is! Article quote "The Finance Committee comments on Friday the central bank's decision to stop the dollar from flowing into the market with the aim of floating the dinar and reducing its value in order to fill parts of the budget deficit and the needs of the government." What does it want to do? It wants to lower the value of the dollar by floating the dinar... [Post 1 of 2....stay tuned]
4-4-2020 Newshound Guru Chattels Mahdi has "stepped away" but he has not "left his post", It is a curious constitutional posture from what I understand. Zarfi's government, people and policy program, are arguably dead on arrival. Both Ameri and Maliki oppose him. The Kurds have said that they will not support any PM designate without a Shia consensus favoring that candidate. While I put my money on an increase in value of the dinar, I must allow for the probability that Mahdi will stay until elections in 2022 if the/any government survives.
4-4-2020 Newshound/Intel Guru RVAlready I think CBI has been consistently trying to make the RV happen. On the other hand, since they are signatories to the GCR, once the price of oil goes back up, I think the UN will force the RV, independent of what Iraq is saying. I think the world has had enough of Iraq politics. And the UN will tell them all when to react.
4-4-2020 Newshound Guru Pimpy Article: "Al-Zarfi challenges the Shiite force and requests an appointment for the confidence session." This guy is ready to get in there..."the Prime Minister designate Zarfi said Friday that he will present his government program to parliament tomorrow Saturday with the request to set the date for the session to give confidence to his government..." I feel like finally we're gonna get what we want and that is a prime minister in there with his government...he has a really good relationship with America and the Trump Administration. And this guy is not a fan of Iran...Iraq is starting to look like it's stabilizing a little bit. With this new PM going in there. With this new government going in there. And Trump going in there removing the influence and the grip of the Iranian people. Let's just hope it's time...
4-4-2020 Newshound Guru Kaperoni We know from past history that when the exchange rate gets out of whack it takes many months to get it back in line using the traditional auction. So the CBI statement today is very interesting. The CBI announced today that this weak dinar will change soon. And at the same time a member of parliament today stated that they stopped the auctions in preparation to float. Though none of this is definitive it is very interesting and the pieces sound compelling that they may be going to float in very short order. But we'll just have to wait and see... [post 2 of 2]
4-4-2020 Newshound Guru Kaperoni A couple of weeks ago A member of parliament came out in two articles that the central bank was about to float the currency. We never heard anything further other than those two articles. Last week the Central Bank of Iraq announced that they were going to stop the auctions temporarily. This is had a negative effect on the dinar market rate as it provides a balance between dinars and dollars as well as providing a source of dollars to pay for foreign imports. As of today the market rate in Iraq has dropped to 1260 to $1. This is a direct result of a lack of dollars available in the marketplace. [post 1 of 2....stay tuned] [The CBI official market rate for Iraq has not been updated since 3-16-2020 - You can always see the official Central Bank of Iraq rates on the left side of this page.]
4-4-2020 Intel/Newshound Guru tman23 What a worldwide conundrum! So what has a better chance of happening in the future 1) Iraq opens their market economy 2) there is a global reset of debt and currency values. Personally I tend to believe #2 is in play as a real possibility. And if a reset on world economies came about, it would affect #1 and their currency value ... But waiting for Iraq to reach an open market economy with poor infrastructure and poor skilled labor pools with poor work ethics being the lynch pin to gain value to the currency along with a stable government... if that’s what Kap [Guru Kaperoni] is waiting on and follows 24/7...one word with a proven history proves it will never happen that way ...that word is IRAQ!!
4-3-2020 Newshound Guru Jeff ...here's another article that came out last night..... "The process of increasing the foreign exchange rate of the Iraq dinar always occurs during official holidays." ...it's not about the coronavirus it's about the facts...the coronavirus was just a coincidence. It was unexpected...Iraq has done too much and they've come too far along to put all their progress on hold...after 15 months of work...we are looking very good right now...
4-3-2020 Intel Guru Okie_Oil_Man GOOD FRIDAY AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS...WELL—HERE WE ARE AT ANOTHER FRIDAY STILL WONDERING AND WAITING FOR THE BLESSING. THERE HAS BEEN MANY ISSUES WITHIN THE PAST 2 DAY'S THAT LEAD US ONCE AGAIN TO THE ELEVATED STATE OF HOPIUM. MASSIVE ARRESTS. RESIGNATIONS, AND DISAPPEARANCE OF SOME WELL PLACED INDIVIDUALS ARE SEEMINGLY IN FULL EFFECT. THAT IN CONJUNCTION OF THE HORRIBLE PLIGHT OF THE CORONA VIRUS IS MAKING A "PERFECT STORM" FOR THE COVERING OF THE R.V. WHICH WAS TO BE PRIVATE SINCE INCEPTION. THE LATEST REPORT COMING FROM "OUT WEST" IS THAT THERE IS STILL PROGRESS BEING MADE ON SOME MINOR LAST MINUTE HOUSE KEEPING ISSUES THAT MUST BE TAKEN CARE OF. WE HAVE WORD THE D O D AND THE TREASURY IS SATISFIED WITH THE SECURITY ISSUE THAT IN THE PAST HAS POSED A PROBLEM...AND AS WE'VE HEARD BEFORE—-MINUTE BY MINUTE WE SHOULD HAVE OUR NOTICES FORTHWITH.
4-3-2020 Intel Guru Bruce ...most of our intel sources...have gotten really quiet...I could take that as a good thing because less is more sometimes – in this particular case we’re always curious as to what is going on...I have given up on trying to find out the Dinar Rates – it supposedly has already reinstated – it will revalue and I understand that the value it comes out at may not be as high as we thought initially - it could be in the mid $4’s and what they are saying is - it will escalate over a period of 10 or more days to a much higher rate – possibly 2 – 2 ½ times higher...it’s very hard to predict exactly where they’re going to be on any given day – just to let you know – it’s very difficult...it is still a very inexact science – believe me – when it comes to us trying to predict what we’re going to be looking at...I think there were a couple of more things to happen before we could start – who knows what they actually are – but there seems to always be something behind the scenes that has delayed us a bit – but we are still in great shape...
4-3-2020 Newshound Guru Kaperoni The spread or market rate is reported at 1260 to $1 today in Baghdad. That is 6%. Well out of the required 2% by the IMF. Not good. CBI needs to abandon the modified window auction and get back to the regular procedure soon. Like I said a while ago a fully liberalized foreign exchange market provides a balance between dinar and dollar to keep the exchange rate within 2% as required by the IMF. Variations of that do not work. The only alternative is floating the currency. And though it has been discussed, there has been no movement from the CBI to begin to float the dinar at this time. [The CBI official market rate for Iraq has not been updated since 3-16-2020 - You can always see the official Central Bank of Iraq rate on the left side of this page.]
4-3-2020 Intel Guru Mike Cottrell As far as Exchange protocols have always been to have a DeLarue machine verify each currency. I assume it would still be a sanitary way to do it with minimal contact
4-3-2020 Intel Guru MarkZ As expected we are still quiet on the news side. None of the bankers I spoke with are expecting anything to happen until possibly the 14th or 15th. The earliest I am hearing now is mid April while they work through logistics and safe ways to exchange.
4-3-2020 Intel Guru RayRen98 This information is coming direct from our Iraqi citizen source... "Iranian militias inside Iraq are threatening all politicians that vote for Zarfi death...they have this up on our billboards...they are starting real trouble for Zarfi and the high ranking officials from Iran were in Iraq all day with their threats too. If Zarfi fails to be appointed then all powers go to Saleh again...he can either nominate another candidate or desolve the parliament all together according to article 64 and call for early elections. April 5 th start back up date for all banking activities in Iraq..."
4-3-2020 Newshound Guru Kaperoni ...the CBI has stopped the distribution of dollars through the auctions for the time being due to the economic conditions. As well the CBI has made a statement requesting banks return excess dollars to the CBI. This is necessary to support the dinar during these difficult financial times. In no way is it any indication of any RV/RI...
4-3-2020 Intel Guru Okie_Oil_Man GOOD FRIDAY AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS...WELL—HERE WE ARE AT ANOTHER FRIDAY STILL WONDERING AND WAITING FOR THE BLESSING. THERE HAS BEEN MANY ISSUES WITHIN THE PAST 2 DAY'S THAT LEAD US ONCE AGAIN TO THE ELEVATED STATE OF HOPIUM. MASSIVE ARRESTS. RESIGNATIONS, AND DISAPPEARANCE OF SOME WELL PLACED INDIVIDUALS ARE SEEMINGLY IN FULL EFFECT. THAT IN CONJUNCTION OF THE HORRIBLE PLIGHT OF THE CORONA VIRUS IS MAKING A "PERFECT STORM" FOR THE COVERING OF THE R.V. WHICH WAS TO BE PRIVATE SINCE INCEPTION. THE LATEST REPORT COMING FROM "OUT WEST" IS THAT THERE IS STILL PROGRESS BEING MADE ON SOME MINOR LAST MINUTE HOUSE KEEPING ISSUES THAT MUST BE TAKEN CARE OF. WE HAVE WORD THE D O D AND THE TREASURY IS SATISFIED WITH THE SECURITY ISSUE THAT IN THE PAST HAS POSED A PROBLEM...AND AS WE'VE HEARD BEFORE—-MINUTE BY MINUTE WE SHOULD HAVE OUR NOTICES FORTHWITH.
4-3-2020 Intel Guru Bruce ...most of our intel sources...have gotten really quiet...I could take that as a good thing because less is more sometimes – in this particular case we’re always curious as to what is going on...I have given up on trying to find out the Dinar Rates – it supposedly has already reinstated – it will revalue and I understand that the value it comes out at may not be as high as we thought initially - it could be in the mid $4’s and what they are saying is - it will escalate over a period of 10 or more days to a much higher rate – possibly 2 – 2 ½ times higher...it’s very hard to predict exactly where they’re going to be on any given day – just to let you know – it’s very difficult...it is still a very inexact science – believe me – when it comes to us trying to predict what we’re going to be looking at...I think there were a couple of more things to happen before we could start – who knows what they actually are – but there seems to always be something behind the scenes that has delayed us a bit – but we are still in great shape...
4-3-2020 Newshound Guru Kaperoni The spread or market rate is reported at 1260 to $1 today in Baghdad. That is 6%. Well out of the required 2% by the IMF. Not good. CBI needs to abandon the modified window auction and get back to the regular procedure soon. Like I said a while ago a fully liberalized foreign exchange market provides a balance between dinar and dollar to keep the exchange rate within 2% as required by the IMF. Variations of that do not work. The only alternative is floating the currency. And though it has been discussed, there has been no movement from the CBI to begin to float the dinar at this time. [The CBI official market rate for Iraq has not been updated since 3-16-2020 - You can always see the official Central Bank of Iraq rate on the left side of this page.]
4-3-2020 Intel Guru Mike Cottrell As far as Exchange protocols have always been to have a DeLarue machine verify each currency. I assume it would still be a sanitary way to do it with minimal contact
4-3-2020 Intel Guru MarkZ As expected we are still quiet on the news side. None of the bankers I spoke with are expecting anything to happen until possibly the 14th or 15th. The earliest I am hearing now is mid April while they work through logistics and safe ways to exchange.
4-3-2020 Intel Guru RayRen98 This information is coming direct from our Iraqi citizen source... "Iranian militias inside Iraq are threatening all politicians that vote for Zarfi death...they have this up on our billboards...they are starting real trouble for Zarfi and the high ranking officials from Iran were in Iraq all day with their threats too. If Zarfi fails to be appointed then all powers go to Saleh again...he can either nominate another candidate or desolve the parliament all together according to article 64 and call for early elections. April 5 th start back up date for all banking activities in Iraq..."
4-3-2020 Newshound Guru Kaperoni ...the CBI has stopped the distribution of dollars through the auctions for the time being due to the economic conditions. As well the CBI has made a statement requesting banks return excess dollars to the CBI. This is necessary to support the dinar during these difficult financial times. In no way is it any indication of any RV/RI...
4-2-2020 Newshound Guru Adam Montana ...I still think the GOI can successfully RV at ten cents. It would be most successful with a float, because the ability for IQD to increase more will encourage people to desire IQD over USD because of the opportunity for profits. The USD, after all, is not going to gain in value. Herd mentality kicks in, Iraqi people and outside sources will increase the demand for IQD based on further speculation, and that adds even more value. I do see and agree with some of the logic in the $1.16 argument. I just also see strategic value in a 10 cent + float. With a float, their currency will hold more potential than the USD. But...$1 or higher ($1.16) there is no question - at that rate it is more valuable. Both rates have positive aspects.
4-2-2020 Intel Guru Delta ...yesterday there was a very interesting statement from one of the citizens that live in Erbil. He went to this shop to buy stuff and the vendor refused to take dollars. [Guru Frank26 - Isn't that wonderful. When I read that out of your report I just smiled so big...you think the shop owners know something?] ...this is very strange that now gradually, slowly a lot of vendors, they're not accepting the dollar. They're just taking dinars. So for you to do that you know that there's something coming up from the CBI...
4-2-2020 Intel Guru MarkZ [via PDK] I am hearing very encouraging things…they are saying that starting round the 13th or 14th…we may see the release...it could be perfect timing… What if they let this thing go on say…April 12th or 13th…somewhere around there. We hear the US is on some type of lock-down until May 1st. So that could be the perfect timing giving us 2 weeks to get done with exchanges...What would make the most sense to me is for martial law to kick in sometime soon and stay in effect until May 1st. So we will have an extra level of security and safey when we start hitting the banks and redemption centers…just imo...They are keeping the banking side ramped up with the imminant rumors so that they are ready when it does finally go…noone knows the exact timing…all we can do is piece it together based on our contacts, what we are hearing ...There is a very small group who know the actual timing on all of this. For obvious reasons they don’t tell us…All we can do is keep hope alive….
4-2-2020 Newshound Guru Pimpy ...these billionaires meet in Davos. They meet there once a year. A lot of you guys know about these meetings and Davos...one of these guys is a very influential financial advisor was giving a speech and someone wrote an article about the speech...what the man went on to say was this. He actually made fun of so-called "currency gurus". He bashed them 7 ways to Sunday. But as soon as he was done bashing them he kindly said afterwards having said all the negative things he said the gurus actually got two of them correctly. He said the Iraqi dinar and the Vietnam dong in his opinion were great investments and thought that some of his people should invest in them as well. He only touched on the two currencies for a fraction of a minute then he went on to...remind everybody that when the Kuwait dinar changed it created a lot of millionaires...there was a bump in the economy and a slight one because it wasn't as well know as the Iraqi dinar one but it created a lot of millionaires. He said but within 5 months 86% of these millionaires were flat broke. Flat broke...from time to time I read that article again just so I can hear his words so that it reminds me of what NOT to do once the RI or RV hits for our currencies...
4-2-2020 Newshound Guru Adam Montana [...as the US is giving the American people money for a Stimulus Package why would it not make sense that the GOI RV to help their citizens...] Iraq has a stimulus built in and ready to go! I don't mean to sound jaded, but I don't expect Iraq to do it for "the citizens". It's not going to get done "for the people" - but it will get done, and many will benefit, including the little people.
4-2-2020 Intel Guru Bruce [via WiserNow] I am excited about the month of April – we are going to see a lot of things happen and I think it is a very good time for us...Here we are about to start a whole new quarter a whole new month and we’ve got another 30 days to more or less stay at home – remain in place – and it could be interesting to see what it’s going to do for us – we are not going to be inhibited by our redemptions – so don’t worry about that - doesn’t mean you can’t go to the bank or redemption center – of course they are allowing for that – so don’t worry about that at all...I can tell you is we are supposed to be in a crescendo in the next 48 hours and that started at 10 am Tuesday - the next 48 hrs should prove to be a crescendo for us...I did hear some rates yesterday and they were higher than what we had anticipated on dinar and dong should be running right alongside – maybe not the same as but not too far from the dinar...
4-2-2020 Intel Guru Delta ...yesterday there was a very interesting statement from one of the citizens that live in Erbil. He went to this shop to buy stuff and the vendor refused to take dollars. [Guru Frank26 - Isn't that wonderful. When I read that out of your report I just smiled so big...you think the shop owners know something?] ...this is very strange that now gradually, slowly a lot of vendors, they're not accepting the dollar. They're just taking dinars. So for you to do that you know that there's something coming up from the CBI...
4-2-2020 Intel Guru MarkZ [via PDK] I am hearing very encouraging things…they are saying that starting round the 13th or 14th…we may see the release...it could be perfect timing… What if they let this thing go on say…April 12th or 13th…somewhere around there. We hear the US is on some type of lock-down until May 1st. So that could be the perfect timing giving us 2 weeks to get done with exchanges...What would make the most sense to me is for martial law to kick in sometime soon and stay in effect until May 1st. So we will have an extra level of security and safey when we start hitting the banks and redemption centers…just imo...They are keeping the banking side ramped up with the imminant rumors so that they are ready when it does finally go…noone knows the exact timing…all we can do is piece it together based on our contacts, what we are hearing ...There is a very small group who know the actual timing on all of this. For obvious reasons they don’t tell us…All we can do is keep hope alive….
4-2-2020 Newshound Guru Pimpy ...these billionaires meet in Davos. They meet there once a year. A lot of you guys know about these meetings and Davos...one of these guys is a very influential financial advisor was giving a speech and someone wrote an article about the speech...what the man went on to say was this. He actually made fun of so-called "currency gurus". He bashed them 7 ways to Sunday. But as soon as he was done bashing them he kindly said afterwards having said all the negative things he said the gurus actually got two of them correctly. He said the Iraqi dinar and the Vietnam dong in his opinion were great investments and thought that some of his people should invest in them as well. He only touched on the two currencies for a fraction of a minute then he went on to...remind everybody that when the Kuwait dinar changed it created a lot of millionaires...there was a bump in the economy and a slight one because it wasn't as well know as the Iraqi dinar one but it created a lot of millionaires. He said but within 5 months 86% of these millionaires were flat broke. Flat broke...from time to time I read that article again just so I can hear his words so that it reminds me of what NOT to do once the RI or RV hits for our currencies...
4-2-2020 Newshound Guru Adam Montana [...as the US is giving the American people money for a Stimulus Package why would it not make sense that the GOI RV to help their citizens...] Iraq has a stimulus built in and ready to go! I don't mean to sound jaded, but I don't expect Iraq to do it for "the citizens". It's not going to get done "for the people" - but it will get done, and many will benefit, including the little people.
4-2-2020 Intel Guru Bruce [via WiserNow] I am excited about the month of April – we are going to see a lot of things happen and I think it is a very good time for us...Here we are about to start a whole new quarter a whole new month and we’ve got another 30 days to more or less stay at home – remain in place – and it could be interesting to see what it’s going to do for us – we are not going to be inhibited by our redemptions – so don’t worry about that - doesn’t mean you can’t go to the bank or redemption center – of course they are allowing for that – so don’t worry about that at all...I can tell you is we are supposed to be in a crescendo in the next 48 hours and that started at 10 am Tuesday - the next 48 hrs should prove to be a crescendo for us...I did hear some rates yesterday and they were higher than what we had anticipated on dinar and dong should be running right alongside – maybe not the same as but not too far from the dinar...
4-1-2020 Newshound Guru MilitiaMan The collectivism of all this data out now is not for just any old reason, imo. ...The timing of this at this juncture paints a vivid picture in my mind. It paints a major power play into view. Iraq has no where but up to go from here!!!. imo. ...We know CBI Gov. Alak has openly stated he was not going to devalue the IQD. It goes against all of that that has been done to...date to keep the IQD stable and steady. ...Iraq can't borrow any money from the looks of it lately from anyone. But, if they have the ability to get into the secondary markets with their currency and their stock exchange, they can use those mediums to get dollars into the future. So not only could this be about Iraq going international in secondary markets terms, the FIMA just may be the mechanism to facilitate them to do so through the US FED.. Thereby, Iraq will need to reinstate their currency to do so. Which will support other currencies around the world. imo
4-1-2020 Intel Guru MarkZ Its been very quiet…I’m talking to my sources…they are still there…just no news as this things plays out. Bankers are weathering this wait….they are in place…hanging out at the banks but news is slim. My contacts at Redemption Centers say there is a skeleton crew there…just keeping the lights on.
4-1-2020 Newshound Guru Adam Montana ...It's April first, which means you can expect some pranks today... all from 6 feet away, of course! ...There will be no RV pranks in this Weekly update...The world is being shaken up like never before. There has never been a better time to watch things - unprecedented things - unfold right in front of us... Many thought the Stimulus bill passing like that just could not happen, just like many would deny the possibility of the Iraqi Dinar increasing in value. It's not just a "possibility". This is something that is going to happen. ...Keep your heads up, stay safe, wash your hands, and GOOOO RRRVVVV!!!!
4-1-2020 Newshound Guru chattels Article quote: "As Iraq's Prime Minister-designate Adnan al-Zurfi struggles to secure adequate parliamentary votes for his candidacy, Iraqi political parties are uncertain about whether they should support him, find a new candidate or even keep caretaker Prime Minister Adel Abdul Mahdi in office." General elections are currently scheduled for 2022, but protesters have demanded they be held this year.
4-1-2020 Newshound Guru Jeff ...It's very quiet right now...we're definitely at the end...here's the ultimate step we needed to see. We needed to see Iraq shut down their financial markets. Stop the auctions and stop the ISX...They're resuming it on April 12th...we don't want to see the ISX extended past April 11th. We want the ISX to come back online on April 12th...everything is where it needs to be...
4-1-2020 Newshound/Intel Guru Mnt Goat There are lots of articles out there about many options and suggestions as to how Iraq intends to deal with the down turn in the oil revenues. These are ONLY suggestions...Take this all with a grain of salt. Nothing will be done until the new PM is ratified. They can not proceed without him/her and so the pressure is on.
4-1-2020 Newshound Guru Pimpy ...these people in parliament we all know they're corrupt...we know there's been a huge crackdown on this. Guess what? Trump's now supporting this guy [Zafari] and he wants him to put in the government that they are going to support...this is the kind of movement we want to see...Trump's not playing around anymore. He's already forming his next agenda and what he's gonna do over there in Iraq and he's implementing it right away. These guys should have their government formed voted on and implemented somewhere between the middle and the end of April. It's funny how all of these things are happening right around April...this is some good news. This is exciting...all this pertains to what's gonna happen to the dinar. We really want this country to really get stable...I think you're gonna see a lot of action happen here between now and the end of this next month...
4-1-2020 Intel Guru Frank26 ...the same reserves that they use to support their currency exchange rate is what they are talking about tapping into now. The IMF is not going allow that. Why? Because the IMF wants them to raise the value of their currency and they need those reserves in order to raise the value of their currency...the only move is to exhale and raise the value of the currency...they need to jump into the international market with their own currency, with their own value.
4-1-2020 Intel Guru MarkZ Its been very quiet…I’m talking to my sources…they are still there…just no news as this things plays out. Bankers are weathering this wait….they are in place…hanging out at the banks but news is slim. My contacts at Redemption Centers say there is a skeleton crew there…just keeping the lights on.
4-1-2020 Newshound Guru Adam Montana ...It's April first, which means you can expect some pranks today... all from 6 feet away, of course! ...There will be no RV pranks in this Weekly update...The world is being shaken up like never before. There has never been a better time to watch things - unprecedented things - unfold right in front of us... Many thought the Stimulus bill passing like that just could not happen, just like many would deny the possibility of the Iraqi Dinar increasing in value. It's not just a "possibility". This is something that is going to happen. ...Keep your heads up, stay safe, wash your hands, and GOOOO RRRVVVV!!!!
4-1-2020 Newshound Guru chattels Article quote: "As Iraq's Prime Minister-designate Adnan al-Zurfi struggles to secure adequate parliamentary votes for his candidacy, Iraqi political parties are uncertain about whether they should support him, find a new candidate or even keep caretaker Prime Minister Adel Abdul Mahdi in office." General elections are currently scheduled for 2022, but protesters have demanded they be held this year.
4-1-2020 Newshound Guru Jeff ...It's very quiet right now...we're definitely at the end...here's the ultimate step we needed to see. We needed to see Iraq shut down their financial markets. Stop the auctions and stop the ISX...They're resuming it on April 12th...we don't want to see the ISX extended past April 11th. We want the ISX to come back online on April 12th...everything is where it needs to be...
4-1-2020 Newshound/Intel Guru Mnt Goat There are lots of articles out there about many options and suggestions as to how Iraq intends to deal with the down turn in the oil revenues. These are ONLY suggestions...Take this all with a grain of salt. Nothing will be done until the new PM is ratified. They can not proceed without him/her and so the pressure is on.
4-1-2020 Newshound Guru Pimpy ...these people in parliament we all know they're corrupt...we know there's been a huge crackdown on this. Guess what? Trump's now supporting this guy [Zafari] and he wants him to put in the government that they are going to support...this is the kind of movement we want to see...Trump's not playing around anymore. He's already forming his next agenda and what he's gonna do over there in Iraq and he's implementing it right away. These guys should have their government formed voted on and implemented somewhere between the middle and the end of April. It's funny how all of these things are happening right around April...this is some good news. This is exciting...all this pertains to what's gonna happen to the dinar. We really want this country to really get stable...I think you're gonna see a lot of action happen here between now and the end of this next month...
4-1-2020 Intel Guru Frank26 ...the same reserves that they use to support their currency exchange rate is what they are talking about tapping into now. The IMF is not going allow that. Why? Because the IMF wants them to raise the value of their currency and they need those reserves in order to raise the value of their currency...the only move is to exhale and raise the value of the currency...they need to jump into the international market with their own currency, with their own value.
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 wi
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 wi