4-12-2021 Newshound Guru MilitiaMan There are massive demonstrations on going, etc...Everyone knows that going to a market economy is based on the country being Article 8 Compliant with freedom of capital movement. We see proof of that now in the markets and the implementation of projects. Massive ones!! Port of Faw, GE, etc... They didn’t agree on the financing at a program rate, imo.
4-12-2021 Intel Guru Footforward ...the dinar rate...will be one to one...I very specifically tell people it's my opinion it can't be that... [reference Footforward post 3-31-2021]
4-12-2021 Newshound Guru MilitiaMan Article: "Adapt to the exchange rate" Quotes: "except by liberalizing the exchange rate and creating monetary stability in an atmosphere of freedom of exchange and circulation"; "...which is likely to adopt the method of "floatation." This article is so very telling. We have seen they increased their reserves. They have found that the political banter of late created an environment that Investors, I.E., "COUNTRIES" were not pleased with which created instability. Now that the budget has been signed and about ready to be opened, they returned in full force. Kahdimi did the rounds recently and for good reason. The region not only knows it is show time but, the world does now imo... Those that wrote the feasibility study for the country, have the reigns now and will float the currency while the reconstruction effort is underway. They want stability and will get it with a stable exchange rate that is not 1460...imo... This is a rock star article! They will have to show us the color of the money too. It is coming...imo.
4-12-2021 Intel Guru MarkZ [via PDK] I have been able to confirm with contacts on the ground in different regions in Iraq...Bagdad, Kurdistan and Fallugia…that there are no changes in the rate on the street yet. I have contacted platform traders and What they are showing on some of the larger platforms is some of the nations are already trading with Iraq on a 1 to 1 basis with the US dollar…this is important because it signals exactly where we are headed. We do not know the timing…nobody does...But, we think it can be as early as this week. I was also being told that they are already trading cash dinar and selling oil with a revaluation of 1 to 1. This is a enormous change and a huge step and it has me beyond a little bit excited. We could see a serious change in value at any moment. [post 2 of 2]
4-12-2021 Intel Guru MarkZ [via PDK] [Is this our lucky day?] I sure hope it’s our lucky day. There is a lot going on. Was the budget in the Gazette Saturday…. NO. There was an announcement that the budget was passed in the Gazette on Saturday with commentary…but nothing official. There were articles this weekend from Iraq that referred to the RV of the Dinar in “past tense”... This is important. They refer to the dinar as “The strongest Currency in the Region”...wow…kuwait has been the strongest currency in the region recently at a rate of about $3.31 to the USD... [post 1 of 2....stay tuned]
4-12-2021 Newshound Guru MilitiaMan Article: "After April 9, 2003 .. Prospects for Financial Development and Existing Challenges" Quote: "...the issuance of the new currency, which resulted in** raising the price of the Iraqi dinar and making it get out of the prison in which he lived during the era of the previous regime, and his purchasing power improved rapidly, with financial and economic measures taken." And that "the Iraqi dinar, after 18 years, has become stronger than many currencies of neighboring countries, and others, regionally and globally, with the availability of a monetary block that is good compared to the Current circumstances..." Let that start to sink in... The issuance of a new currency...One where they raised the price of the IQD... But be sure, imo...they are telling us what has been done and in my opinion to be exposed...imo!...(wink)
4-12-2021 Intel Guru Footforward ...the dinar rate...will be one to one...I very specifically tell people it's my opinion it can't be that... [reference Footforward post 3-31-2021]
4-12-2021 Newshound Guru MilitiaMan Article: "Adapt to the exchange rate" Quotes: "except by liberalizing the exchange rate and creating monetary stability in an atmosphere of freedom of exchange and circulation"; "...which is likely to adopt the method of "floatation." This article is so very telling. We have seen they increased their reserves. They have found that the political banter of late created an environment that Investors, I.E., "COUNTRIES" were not pleased with which created instability. Now that the budget has been signed and about ready to be opened, they returned in full force. Kahdimi did the rounds recently and for good reason. The region not only knows it is show time but, the world does now imo... Those that wrote the feasibility study for the country, have the reigns now and will float the currency while the reconstruction effort is underway. They want stability and will get it with a stable exchange rate that is not 1460...imo... This is a rock star article! They will have to show us the color of the money too. It is coming...imo.
4-12-2021 Intel Guru MarkZ [via PDK] I have been able to confirm with contacts on the ground in different regions in Iraq...Bagdad, Kurdistan and Fallugia…that there are no changes in the rate on the street yet. I have contacted platform traders and What they are showing on some of the larger platforms is some of the nations are already trading with Iraq on a 1 to 1 basis with the US dollar…this is important because it signals exactly where we are headed. We do not know the timing…nobody does...But, we think it can be as early as this week. I was also being told that they are already trading cash dinar and selling oil with a revaluation of 1 to 1. This is a enormous change and a huge step and it has me beyond a little bit excited. We could see a serious change in value at any moment. [post 2 of 2]
4-12-2021 Intel Guru MarkZ [via PDK] [Is this our lucky day?] I sure hope it’s our lucky day. There is a lot going on. Was the budget in the Gazette Saturday…. NO. There was an announcement that the budget was passed in the Gazette on Saturday with commentary…but nothing official. There were articles this weekend from Iraq that referred to the RV of the Dinar in “past tense”... This is important. They refer to the dinar as “The strongest Currency in the Region”...wow…kuwait has been the strongest currency in the region recently at a rate of about $3.31 to the USD... [post 1 of 2....stay tuned]
4-12-2021 Newshound Guru MilitiaMan Article: "After April 9, 2003 .. Prospects for Financial Development and Existing Challenges" Quote: "...the issuance of the new currency, which resulted in** raising the price of the Iraqi dinar and making it get out of the prison in which he lived during the era of the previous regime, and his purchasing power improved rapidly, with financial and economic measures taken." And that "the Iraqi dinar, after 18 years, has become stronger than many currencies of neighboring countries, and others, regionally and globally, with the availability of a monetary block that is good compared to the Current circumstances..." Let that start to sink in... The issuance of a new currency...One where they raised the price of the IQD... But be sure, imo...they are telling us what has been done and in my opinion to be exposed...imo!...(wink)
4-11-2021 Guest Guru sheila ...especially expectant this week. From what I am reading...April 14th is next Iraq Gazette issue and April 15th is when UN Operational Rates should be updated and posted...[IMO]...
4-11-2021 Newshound/Intel Guru RVAlready The CBI does not need the budget to be in the gazette. They are setting the exchange rate for the currency. They do not require the budget in the gazette to do that.
4-11-2021 Intel Guru RayRen98 ...Budget law is now effective and in place and there is no going back and adding or reviewing the budget. On Iraq tv earlier today. CBI is up to bat.
4-11-2021 Newshound/Intel Guru RVAlready The CBI does not need the budget to be in the gazette. They are setting the exchange rate for the currency. They do not require the budget in the gazette to do that.
4-11-2021 Intel Guru RayRen98 ...Budget law is now effective and in place and there is no going back and adding or reviewing the budget. On Iraq tv earlier today. CBI is up to bat.
4-10-2021 Intel Guru Frank26 The 50,000 dinar note...this is the state of the art currency. There are so many protective feature on this currency. Not even the United States dollar comes close to it...if ever terrorist get ahold of this money boy will they be able to be found quickly...Why would the IMF go thought so much trouble with the CBI to create the state-of-the-art currency for a program rate? Well they wouldn't...Why the change? I think you know why...
4-10-2021 Intel/Newshound Guru Holly Rv News: Iraq’s budget is to be printed in the gazette Saturday and we are looking for that. No news out of Iraq yet. I am not sure what time they publish the gazette. There are a lot of people that seem to think the budget will be published at the new rate. I actually don't believe that is what will happen. I think they will apply the new rate to the budget once it is announced and if needed have an addendum or supplemental budget to make any other changes. We are so close everyone. I do not want to put dates or anything out but we are so close. Yes I know, we have heard that before. Yes but Iraq has never gotten this far and now it is proof where we are. They can not not hold this back anymore.
4-10-2021 Intel Guru Frank26 There are people [bank personnel in the United States larger banks] well educated about the Iraqi dinar. They've been taught. They've been schooled. They've received memos from the CBI and the BIS. They know very well. They see it [Iraqi dinar] on their screen. They recognize it and it says right now it is not to be dealt with. There are sidebar notes that tell them prepare yourselves banks. And the banks have prepared themselves...all of them know, 'yeah, we'll be able to exchange the Iraqi dinar' whereas before it was 'nope, it's a scam.' Because there was no information. No knowledge...a lot of people are starting to find out now because they're going to their banks [larger ones]...
4-10-2021 Intel Guru MarkZ [via PDK] [With the QFS we won’t need to insure our funds through Lloyds- is that correct?] Yes- as I understand it if you keep your funds in a QFS account we will no longer have to insure our funds through Lloyds or any or those. But, if you held your funds in other accounts besides the QFS…say you want to earn interest or whatever…then you would be silly not to insure it. That’s my opinion…check with a professional banker. [Always speak with multiple unbiased financial professionals (meaning other than your banker) at the appropriate time to strategize how best protect your wealth under your unique circumstances. ]
4-10-2021 Intel/Newshound Guru Holly Rv News: Iraq’s budget is to be printed in the gazette Saturday and we are looking for that. No news out of Iraq yet. I am not sure what time they publish the gazette. There are a lot of people that seem to think the budget will be published at the new rate. I actually don't believe that is what will happen. I think they will apply the new rate to the budget once it is announced and if needed have an addendum or supplemental budget to make any other changes. We are so close everyone. I do not want to put dates or anything out but we are so close. Yes I know, we have heard that before. Yes but Iraq has never gotten this far and now it is proof where we are. They can not not hold this back anymore.
4-10-2021 Intel Guru Frank26 There are people [bank personnel in the United States larger banks] well educated about the Iraqi dinar. They've been taught. They've been schooled. They've received memos from the CBI and the BIS. They know very well. They see it [Iraqi dinar] on their screen. They recognize it and it says right now it is not to be dealt with. There are sidebar notes that tell them prepare yourselves banks. And the banks have prepared themselves...all of them know, 'yeah, we'll be able to exchange the Iraqi dinar' whereas before it was 'nope, it's a scam.' Because there was no information. No knowledge...a lot of people are starting to find out now because they're going to their banks [larger ones]...
4-10-2021 Intel Guru MarkZ [via PDK] [With the QFS we won’t need to insure our funds through Lloyds- is that correct?] Yes- as I understand it if you keep your funds in a QFS account we will no longer have to insure our funds through Lloyds or any or those. But, if you held your funds in other accounts besides the QFS…say you want to earn interest or whatever…then you would be silly not to insure it. That’s my opinion…check with a professional banker. [Always speak with multiple unbiased financial professionals (meaning other than your banker) at the appropriate time to strategize how best protect your wealth under your unique circumstances. ]
4-9-2021 Guest Guru sheila ...my one banker friend says it could go up to 16$ but to exchange when it hits 8-10 fast...cause when it hits 16, it will drop like rock back to 3.71 or 4 something, like in one day.
4-9-2021 Intel Guru MarkZ [via PDK] [I only have Vietnamese Dong. Will I be included in tier 4B?] yes you would be included.
4-9-2021 Intel Guru Bruce ...Wednesday/Saturday – those are the 2 days of the week they use to publish any official information in their gazette...does that mean we have to wait until that dinar is seen or that budget is printed in the gazette...I don’t think so...what is really cool is the rate for the dong and dinar were on the bank screens...[Wednesday] but they came off at 4 pm in the afternoon... So I think we are in the last stages of the waiting game for this and I appreciate every ones patience - it’s been difficult I know for a lot of people...everybody is ready and rocking to go - I think we should keep our eyes open the next couple of days...
4-9-2021 Intel Guru MarkZ [via PDK] Mostly a “nothing burger” in the news as expected. We really don’t expect any news until tomorrow...
4-9-2021 Intel Guru Frank26 [Bank story continued] 'He [Bank] says yes what foreign currency do you have and he [his brother] says the Iraqi dinar and he [bank] says yes it's on our list and soon you'll be able to bring it in but we can't help you right now...when it is recognized we will be able to bring you in.' - This is a pattern. A lot of banks are saying this. Not every bank...most banks are still being quiet about it. But the big banks. Don't be calling a mom and pop place...they aren't going to tell me that oh it's about to revalue or we know about it and what's about to happen. They're not going to be bold about it. But they're not being nasty. Isn't that interesting? I think so. [Post 2 of 2]
4-9-2021 Intel Guru Frank26 Bank Story from community member: He calls his brother and says 'You know what that guy [Guru] Frank26 told us to go to the bank and ask questions? I did it...They [Chase bank] told me yeah...we see the Iraqi dinar. It's on our computer screens and when it's accepted worldwide bring it in...by the way what kind of denominations do you have? [Frank: they wanted to know what the denominations and how much you had and everything?] 'yeah I didn't divulge how much of it I had, I was so excited I called my brother...he decided to call BOA [Bank of America] down in Texas...and lo and behold the same thing happened to him. He says do y'all exchange foreign currency?' [Post 1 of 2....stay tuned]
4-9-2021 Intel/Newshound Guru sandyf When the budget is ratified it will be published by the MOJ and will appear on their ...The only official English version of a budget I have ever seen is from the Iraq Law Library and that usually takes some time. The budget will be applied retrospectively to the 1st Jan, start of the financial year. The budget is a summary of income and expenditure and their is no exchange rate involved, the only exchange rate is the conversion of the budget from IQD to USD for interested parties such as the IMF.
4-9-2021 Intel Guru MarkZ [via PDK] [I only have Vietnamese Dong. Will I be included in tier 4B?] yes you would be included.
4-9-2021 Intel Guru Bruce ...Wednesday/Saturday – those are the 2 days of the week they use to publish any official information in their gazette...does that mean we have to wait until that dinar is seen or that budget is printed in the gazette...I don’t think so...what is really cool is the rate for the dong and dinar were on the bank screens...[Wednesday] but they came off at 4 pm in the afternoon... So I think we are in the last stages of the waiting game for this and I appreciate every ones patience - it’s been difficult I know for a lot of people...everybody is ready and rocking to go - I think we should keep our eyes open the next couple of days...
4-9-2021 Intel Guru MarkZ [via PDK] Mostly a “nothing burger” in the news as expected. We really don’t expect any news until tomorrow...
4-9-2021 Intel Guru Frank26 [Bank story continued] 'He [Bank] says yes what foreign currency do you have and he [his brother] says the Iraqi dinar and he [bank] says yes it's on our list and soon you'll be able to bring it in but we can't help you right now...when it is recognized we will be able to bring you in.' - This is a pattern. A lot of banks are saying this. Not every bank...most banks are still being quiet about it. But the big banks. Don't be calling a mom and pop place...they aren't going to tell me that oh it's about to revalue or we know about it and what's about to happen. They're not going to be bold about it. But they're not being nasty. Isn't that interesting? I think so. [Post 2 of 2]
4-9-2021 Intel Guru Frank26 Bank Story from community member: He calls his brother and says 'You know what that guy [Guru] Frank26 told us to go to the bank and ask questions? I did it...They [Chase bank] told me yeah...we see the Iraqi dinar. It's on our computer screens and when it's accepted worldwide bring it in...by the way what kind of denominations do you have? [Frank: they wanted to know what the denominations and how much you had and everything?] 'yeah I didn't divulge how much of it I had, I was so excited I called my brother...he decided to call BOA [Bank of America] down in Texas...and lo and behold the same thing happened to him. He says do y'all exchange foreign currency?' [Post 1 of 2....stay tuned]
4-9-2021 Intel/Newshound Guru sandyf When the budget is ratified it will be published by the MOJ and will appear on their ...The only official English version of a budget I have ever seen is from the Iraq Law Library and that usually takes some time. The budget will be applied retrospectively to the 1st Jan, start of the financial year. The budget is a summary of income and expenditure and their is no exchange rate involved, the only exchange rate is the conversion of the budget from IQD to USD for interested parties such as the IMF.
4-8-2021 Intel Guru MarkZ [via PDK] [Is there a certain day that’s best for banks to show the RV?] I used to think so …in the beginning banks had “windows” of the best days to rv…but now with the QFS I believe it could be any day. It does not matter anymore imo.
4-8-2021 Newshound Guru Kaperoni The president of the Republic of Iraq has signed off on the 2021 budget. They will begin implementing it tomorrow (Thursday)...
4-8-2021 Newshound Guru MilitiaMan I'm just glad to see that the central bank has been in the process of improving the exchange process. It looks good, really good...
4-8-2021 Intel Guru Frank26 Never in the history of Iraq have we ever seen a budget approved signed sealed and delivered and implemented. Never. The dictatorships of Iraq have always stolen the money. Not only from the government but from the CBI auctions...what does the budget have to do with the monetary reform? A lot. The exchange rate is it. The HCL is in there...
4-8-2021 Intel Guru MarkZ [via PDK] There is tremendous expectations for Saturday…we have seen more and more articles from Iraq talking about that budget …it is signed and done…and it posting in the Gazette on Saturday. So anytime between now and then we suspect is fairgame. I am feeling very good about things.
4-8-2021 Newshound Guru Pimpy Article: "The president of the Republic approves the 2021 budget and returns it to the government to implement it, starting tomorrow" Yay finally it's been ratified. No rate change was in there unfortunately. We'd love to see one...congrats the budget is done...this is great. This is what we want to see...these are big steps in the right direction...
4-8-2021 Intel/Newshound Guru Holly RV News: Since the weekend there are a lot of black outs on intel still. I am hearing some appointments are being made for later this week. The dam is ready to burst open. Iraq should have their new rate. That is what we are waiting on now. Once that is out the genie can not be put back on the bottle. We are on the cusp of this to go.
4-8-2021 Intel Guru Frank26 Allawi Video quote: "We started with reforms, we started the process of automation, reform processes related to the currency and the exchange rate, and these are all measures aimed at straightening the Iraqi economy." ...amen, glory hallelujah, praise God! ...this is it right here.
4-8-2021 Intel Guru MarkZ [via PDK] [What are you hearing are the dinar rates?] On the street rate I hear it will be about $3.91 for tier 5… the contract rate for tier 4b of around $8.00…I hope this is accurate. [Do you believe Tier 5- the general public will go at the same time as the rest of us?] Yes I absolutely believe that. The tier 5 rate is if you go to a bank and exchange for the street rate which will be a lower rate than if you exchange at the 4b rate at a redemption center. Some people will do that. The only difference between tier 5 and tier 4b is tier 4b knows there is a contract rate…they are keeping up with it…they are informed. Tier 5 may have been gifted…not really paying attention and will just go to a bank to exchange it when they think about it sometime or someone tells them it rv’d.
4-8-2021 Newshound Guru Kaperoni The president of the Republic of Iraq has signed off on the 2021 budget. They will begin implementing it tomorrow (Thursday)...
4-8-2021 Newshound Guru MilitiaMan I'm just glad to see that the central bank has been in the process of improving the exchange process. It looks good, really good...
4-8-2021 Intel Guru Frank26 Never in the history of Iraq have we ever seen a budget approved signed sealed and delivered and implemented. Never. The dictatorships of Iraq have always stolen the money. Not only from the government but from the CBI auctions...what does the budget have to do with the monetary reform? A lot. The exchange rate is it. The HCL is in there...
4-8-2021 Intel Guru MarkZ [via PDK] There is tremendous expectations for Saturday…we have seen more and more articles from Iraq talking about that budget …it is signed and done…and it posting in the Gazette on Saturday. So anytime between now and then we suspect is fairgame. I am feeling very good about things.
4-8-2021 Newshound Guru Pimpy Article: "The president of the Republic approves the 2021 budget and returns it to the government to implement it, starting tomorrow" Yay finally it's been ratified. No rate change was in there unfortunately. We'd love to see one...congrats the budget is done...this is great. This is what we want to see...these are big steps in the right direction...
4-8-2021 Intel/Newshound Guru Holly RV News: Since the weekend there are a lot of black outs on intel still. I am hearing some appointments are being made for later this week. The dam is ready to burst open. Iraq should have their new rate. That is what we are waiting on now. Once that is out the genie can not be put back on the bottle. We are on the cusp of this to go.
4-8-2021 Intel Guru Frank26 Allawi Video quote: "We started with reforms, we started the process of automation, reform processes related to the currency and the exchange rate, and these are all measures aimed at straightening the Iraqi economy." ...amen, glory hallelujah, praise God! ...this is it right here.
4-8-2021 Intel Guru MarkZ [via PDK] [What are you hearing are the dinar rates?] On the street rate I hear it will be about $3.91 for tier 5… the contract rate for tier 4b of around $8.00…I hope this is accurate. [Do you believe Tier 5- the general public will go at the same time as the rest of us?] Yes I absolutely believe that. The tier 5 rate is if you go to a bank and exchange for the street rate which will be a lower rate than if you exchange at the 4b rate at a redemption center. Some people will do that. The only difference between tier 5 and tier 4b is tier 4b knows there is a contract rate…they are keeping up with it…they are informed. Tier 5 may have been gifted…not really paying attention and will just go to a bank to exchange it when they think about it sometime or someone tells them it rv’d.
4-7-2021 Newshound Guru MilitiaMan the main thing is, is that they tell us the budget will be applied retroactively for many many months. Implementing that retroactively from the 31st tells you them stopping the auctions has all been timed...for this particular purpose because it's all about the exchange rate...it's awesome. Good deal.
4-7-2021 Intel Guru RayRen98 A Shafq News source reported that President Saleh has ratified the 2021 Budget Law and returned it to the Ministry of Finance to start work on it for Thursday.
4-7-2021 Newshound/Intel Guru Petra This is the endgame. This is what we've been waiting for...once that thing [the 2021 passed budget] is signed that is game over...it's gonna be the last second and they'll release the parade. But they are officially on the clock so that's the good news. It's getting sweeter and sweeter every day because every day we're getting closer and closer to what we're waiting for. So yeah all very very exciting...
4-7-2021 Intel Guru Frank26 Article: "After weeks of delay, Iraq's council of representatives passes budget for 2021" The fact that this budget has been passed is only because they have a new exchange rate. They have never had one before...
4-7-2021 Intel Guru MarkZ [via PDK] We were hoping to see the budget in the Gazette this morning…we did not. I hear the President signed off on it to late last night to have it posted this morning but we are to expect it in the Saturday Morning Gazette. There just wasn’t enough time from approval to printing for it to be in today’s Gazette. I heard from my ministry contact in Iraq they expect to see it in the Gazette on Saturday. For those that don’t know…the Gazette- the National papers for Iraq publishes on Wednesdays and Saturdays. The Gazette comes after it done…but where we can see it, touch it, taste it, eat it…is in the Gazette. I am exceptionally upbeat and positive…not a bit worried.
4-7-2021 Newshound Guru Pimpy Again I have to bring this up because people are asking me. Again, no, there is no 1 for 1 exchange rate happening in Iraq. That's false. I told you guys what that would create. A huge large black market of the Iraqi dinar. You would have people buying cheap out of country smuggling the in country exchange the 1 for 1 grabbing their profits and running back out of country buying more dinar and going back in. When the exchange rate happens it happens inside country and out of country all at the same time...
4-7-2021 Intel Guru MarkZ [via PDK] [Do you think there will be taxes on this?] No I do not. I have been told repeatedly there will not be taxes… Could I be wrong-yes… [Remember, consult your tax professional at the appropriate time]
4-7-2021 Newshound/Intel Guru Petra Guess who's coming to Iraq in a couple days? Barzani the head of Kurdistan...his deal is done. He got his 13.97% which is a lot more than I thought he was going to get...he's coming to town. Why would he be coming to town? It's not to negotiate some more for his contract. He's got it. It's signed. It's done...the timing...it makes a lot of sense.
4-7-2021 Newshound Guru MilitiaMan Article: "US-Iraq strategic dialogue to take place on April 7" Quote: "The relationship between the US and Iraq, including its military presence in the country, is based on a strategic framework agreement signed in 2008. It called for close defense co-operation to deter threats to Iraq's “sovereignty, security and territorial integrity." The talks, due to take place next Wednesday, will focus on security, counterterrorism, economics and energy, political issues, and educational and cultural co-operation. Gotta love the timing of things...The economics and energy has my attention for obvious reasons... The oil deals we see of late are all about economics, yet, security is a part of that and big time too. The Tripartite with Jordan and Egyptis the following day... Watch and see... This is all for a purpose... I like it! imo...
4-7-2021 Intel Guru RayRen98 A Shafq News source reported that President Saleh has ratified the 2021 Budget Law and returned it to the Ministry of Finance to start work on it for Thursday.
4-7-2021 Newshound/Intel Guru Petra This is the endgame. This is what we've been waiting for...once that thing [the 2021 passed budget] is signed that is game over...it's gonna be the last second and they'll release the parade. But they are officially on the clock so that's the good news. It's getting sweeter and sweeter every day because every day we're getting closer and closer to what we're waiting for. So yeah all very very exciting...
4-7-2021 Intel Guru Frank26 Article: "After weeks of delay, Iraq's council of representatives passes budget for 2021" The fact that this budget has been passed is only because they have a new exchange rate. They have never had one before...
4-7-2021 Intel Guru MarkZ [via PDK] We were hoping to see the budget in the Gazette this morning…we did not. I hear the President signed off on it to late last night to have it posted this morning but we are to expect it in the Saturday Morning Gazette. There just wasn’t enough time from approval to printing for it to be in today’s Gazette. I heard from my ministry contact in Iraq they expect to see it in the Gazette on Saturday. For those that don’t know…the Gazette- the National papers for Iraq publishes on Wednesdays and Saturdays. The Gazette comes after it done…but where we can see it, touch it, taste it, eat it…is in the Gazette. I am exceptionally upbeat and positive…not a bit worried.
4-7-2021 Newshound Guru Pimpy Again I have to bring this up because people are asking me. Again, no, there is no 1 for 1 exchange rate happening in Iraq. That's false. I told you guys what that would create. A huge large black market of the Iraqi dinar. You would have people buying cheap out of country smuggling the in country exchange the 1 for 1 grabbing their profits and running back out of country buying more dinar and going back in. When the exchange rate happens it happens inside country and out of country all at the same time...
4-7-2021 Intel Guru MarkZ [via PDK] [Do you think there will be taxes on this?] No I do not. I have been told repeatedly there will not be taxes… Could I be wrong-yes… [Remember, consult your tax professional at the appropriate time]
4-7-2021 Newshound/Intel Guru Petra Guess who's coming to Iraq in a couple days? Barzani the head of Kurdistan...his deal is done. He got his 13.97% which is a lot more than I thought he was going to get...he's coming to town. Why would he be coming to town? It's not to negotiate some more for his contract. He's got it. It's signed. It's done...the timing...it makes a lot of sense.
4-7-2021 Newshound Guru MilitiaMan Article: "US-Iraq strategic dialogue to take place on April 7" Quote: "The relationship between the US and Iraq, including its military presence in the country, is based on a strategic framework agreement signed in 2008. It called for close defense co-operation to deter threats to Iraq's “sovereignty, security and territorial integrity." The talks, due to take place next Wednesday, will focus on security, counterterrorism, economics and energy, political issues, and educational and cultural co-operation. Gotta love the timing of things...The economics and energy has my attention for obvious reasons... The oil deals we see of late are all about economics, yet, security is a part of that and big time too. The Tripartite with Jordan and Egyptis the following day... Watch and see... This is all for a purpose... I like it! imo...
4-6-2021 Intel Guru MarkZ [via PDK] [What’s really holding this up – in your opinion?] Safety, Security. I think they have come to the conclusion though that there will never be a perfect release. I think there are a couple of things... Safety and a reasonable amount for the currencies. Keep in mind guys that over 2 trillion in dinar have been taken off the streets in about a month...and out of illegal, illicit and nefarious hands throughout the middle east…you can see in the news they have done a tremendous job getting it off the streets…. Then there is the timing…is there a good crisis to roll it out. I think one more good financial crisis...and Boom…we are there...I believe we are now at a “any day” thing…based on what I am hearing.
4-6-2021 Newshound Guru Pimpy Article: "It will continue for five years and 600 pending procedures. Allawi reveals the second part of the white paper" This is the one article that people are a little bit confused about...for some reason people are thinking that the exchange rate is gonna stay the same for that long and nowhere in here does it say that it's gonna take five years before they change the rate.
4-6-2021 Intel Guru Frank26 Only pay attention to the Prime Minister Kazemi. Only pay attention to the Central Bank Governor Mustafa...all the negativity you see out there in those article you have been well trained how to decipher it...I saw a post from someone today that said I saw that article today it was from parliament, yeah it was his opinion so I flushed it. I posted well done good student...that's how you get rid of these headaches. If you really want to be aware of what you're doing with this investment you have to be a good student...
4-6-2021 Intel Guru MarkZ [via PDK] The good news coming out of Iraq is they shut down all foreign currency auctions on us dollar and Iraqi Dinar yesterday…they won’t sell any more in anticipation of the change in value. One article I read is (if translated right) sometimes in the next 10 days they expect a change in value.
4-6-2021 Newshound/Intel Guru Petra Stopping the auctions...nobody wants to be on the bad side of the equation. I consider it like hot potatoes...You didn't want to be stuck with the hot potato when the music turns off. The banks are feeling the same way. They don't want to be stuck holding that hot potato and they lose on the transaction. They're very very conservative. IOO they are being very wise in holding off on those auction until Monday-Tuesday-Wednesday of next week. There's got to be a reason for that. Right now the budget has not formally become law because it has not been signed by the president to our knowledge and it has not gone into the gazette. The president has between 3 and 15 days to sign that budget...we have until the 14th for that event to occur. Again, rate before budget. The rate has to be in that budget before it becomes law. We're in quite a countdown now.
4-6-2021 Intel Guru Frank26 Aren't you impressed, now I know it's not signed but...we have a budget. Do you realize that we've never had a budget since 2003 when we went in there to rescue them. There was no budget. Why? There was no need. Why? There was no new rate. Now all of sudden we have a new budget for the very first time. The president is about to sign it. It's about to come in and bring in the white papers. Don't you just find it delicious?
4-6-2021 Newshound Guru Pimpy Article: "It will continue for five years and 600 pending procedures. Allawi reveals the second part of the white paper" This is the one article that people are a little bit confused about...for some reason people are thinking that the exchange rate is gonna stay the same for that long and nowhere in here does it say that it's gonna take five years before they change the rate.
4-6-2021 Intel Guru Frank26 Only pay attention to the Prime Minister Kazemi. Only pay attention to the Central Bank Governor Mustafa...all the negativity you see out there in those article you have been well trained how to decipher it...I saw a post from someone today that said I saw that article today it was from parliament, yeah it was his opinion so I flushed it. I posted well done good student...that's how you get rid of these headaches. If you really want to be aware of what you're doing with this investment you have to be a good student...
4-6-2021 Intel Guru MarkZ [via PDK] The good news coming out of Iraq is they shut down all foreign currency auctions on us dollar and Iraqi Dinar yesterday…they won’t sell any more in anticipation of the change in value. One article I read is (if translated right) sometimes in the next 10 days they expect a change in value.
4-6-2021 Newshound/Intel Guru Petra Stopping the auctions...nobody wants to be on the bad side of the equation. I consider it like hot potatoes...You didn't want to be stuck with the hot potato when the music turns off. The banks are feeling the same way. They don't want to be stuck holding that hot potato and they lose on the transaction. They're very very conservative. IOO they are being very wise in holding off on those auction until Monday-Tuesday-Wednesday of next week. There's got to be a reason for that. Right now the budget has not formally become law because it has not been signed by the president to our knowledge and it has not gone into the gazette. The president has between 3 and 15 days to sign that budget...we have until the 14th for that event to occur. Again, rate before budget. The rate has to be in that budget before it becomes law. We're in quite a countdown now.
4-6-2021 Intel Guru Frank26 Aren't you impressed, now I know it's not signed but...we have a budget. Do you realize that we've never had a budget since 2003 when we went in there to rescue them. There was no budget. Why? There was no need. Why? There was no new rate. Now all of sudden we have a new budget for the very first time. The president is about to sign it. It's about to come in and bring in the white papers. Don't you just find it delicious?
4-5-2021 Newshound Guru MilitiaMan Will that rate leak out, maybe not? We shall see. There were articles to support that an exchange rate change is coming. The citizens are getting hammered in respect to goods services, pricing, etc...So, I feel comfortable knowing that the fear of the buying the dollar is a sign of a big change thus the closure of the auction. No one wants to be holding the bag and be on the wrong side of a trade with a big move expected to come.. That can be disastrous in magnitude...Therefore, the planning had to be done down to the wire and that wire got started Wednesday of last week so they say... 03/31/2021. Let’s see what the next 24-96 hours brings!! Real close anyway!! imo, it shall be interesting to say the least! Imo...
[post 2 of 2]
4-5-2021 Newshound Guru MilitiaMan Article: "The currency auction stops for a week as a result of banks’ fear of changing the dollar’s price" They have enough dollar reserves to get them through until a new exchange rate is applied, hence the fear of buying now. We have been told that this would happen in the past. They told us dollars will get scarce before the new dollar will be used again. So by staying out of the market reduces risk. With all the international contracts coming in, they’ll need an international exchange rate applied for to facilitate the foreign exchange with freedom of capital. They also note that the budget will be applied in a timely manner while dealing with the exchange rate. All within this week or so... [post 1 of 2....stay tuned]
4-5-2021 Newshound Guru Kaperoni ...There is no RV, it's not how monetary policy works. All you have to do is read the IMF Article IV Consultation with Iraq to know there is no RV or change in the exchange rate expected...I assure you they'll be no change in the exchange rate in April, for that matter the entire year...
4-5-2021 Newshound Guru Pimpy ...there is a lot of chitter chatter going on with these middle eastern countries...there's some concern about the current administration being in there...what they hope doesn't happen is the same thing that happened under the O---- administration...while the United States is having dialogue and meetings with Iraq at the same time they are also negotiating with Iran on their nuclear deal...I'm thinking that a lot of these countries over there...want some type of reassurance...
4-5-2021 Intel Guru MarkZ [via PDK] [Mark do you think Iraq will RV first or do you all countries will go together after this weekend.] I believe we all go together…iraq is positioned to go by itself if we do not get our heads out of the sand. On the RV front…over the weekend...some audio straight out of Iraq...They are taking about changing the value of the dinar and the reforms. What they have done and what are doing... This is real and this is coming…. On the RV front I did not expect any news until later on today or Tuesday because the World Banking is shut down over Easter.
4-5-2021 Newshound Guru Pimpy ...It seems like every single day the exchange rate is in the news for one reason or another...just be careful about how you're reading these things...all it is simplified is they're trying to stop using dual currencies. Just use the Iraqi dinar to help strengthen the dinar...I really strongly still feel that the rate will change before the end of the year...
[post 2 of 2]
4-5-2021 Newshound Guru MilitiaMan Article: "The currency auction stops for a week as a result of banks’ fear of changing the dollar’s price" They have enough dollar reserves to get them through until a new exchange rate is applied, hence the fear of buying now. We have been told that this would happen in the past. They told us dollars will get scarce before the new dollar will be used again. So by staying out of the market reduces risk. With all the international contracts coming in, they’ll need an international exchange rate applied for to facilitate the foreign exchange with freedom of capital. They also note that the budget will be applied in a timely manner while dealing with the exchange rate. All within this week or so... [post 1 of 2....stay tuned]
4-5-2021 Newshound Guru Kaperoni ...There is no RV, it's not how monetary policy works. All you have to do is read the IMF Article IV Consultation with Iraq to know there is no RV or change in the exchange rate expected...I assure you they'll be no change in the exchange rate in April, for that matter the entire year...
4-5-2021 Newshound Guru Pimpy ...there is a lot of chitter chatter going on with these middle eastern countries...there's some concern about the current administration being in there...what they hope doesn't happen is the same thing that happened under the O---- administration...while the United States is having dialogue and meetings with Iraq at the same time they are also negotiating with Iran on their nuclear deal...I'm thinking that a lot of these countries over there...want some type of reassurance...
4-5-2021 Intel Guru MarkZ [via PDK] [Mark do you think Iraq will RV first or do you all countries will go together after this weekend.] I believe we all go together…iraq is positioned to go by itself if we do not get our heads out of the sand. On the RV front…over the weekend...some audio straight out of Iraq...They are taking about changing the value of the dinar and the reforms. What they have done and what are doing... This is real and this is coming…. On the RV front I did not expect any news until later on today or Tuesday because the World Banking is shut down over Easter.
4-5-2021 Newshound Guru Pimpy ...It seems like every single day the exchange rate is in the news for one reason or another...just be careful about how you're reading these things...all it is simplified is they're trying to stop using dual currencies. Just use the Iraqi dinar to help strengthen the dinar...I really strongly still feel that the rate will change before the end of the year...
4-4-2021 Newhound Guru Jeff Jeff Article "Parliament welcomes Al-Kazemi's tour to Saudi Arabia and the Emirates: Iraq will return to its leadership role" Kazemi is meeting with many different countries. They're working towards achieving their economic independence and economic stability. They're showing you right now they technically don't have economic independence or stability at this time because they're actually putting that together right now...drafting bilateral trade agreements...
4-4-2021 Intel Guru MarkZ [via PDK] A number of regional news outlets in Iraq are saying no revalue for 4 more years…this is similar to what we heard in Kuwait and China just before they revalued their currency. It’s similar to what they said with the Japanese yen and German Mark after world war 2.
4-4-2021 Newshound Guru Pimpy Question: [How long would it take for international banks to reinstate out of country?] What do you mean by 'out of country'? There is no 'out of country' or 'in of country'. When they redo the rate it's all at the same time...
4-4-2021 Intel Guru MarkZ [via PDK] A number of regional news outlets in Iraq are saying no revalue for 4 more years…this is similar to what we heard in Kuwait and China just before they revalued their currency. It’s similar to what they said with the Japanese yen and German Mark after world war 2.
4-4-2021 Newshound Guru Pimpy Question: [How long would it take for international banks to reinstate out of country?] What do you mean by 'out of country'? There is no 'out of country' or 'in of country'. When they redo the rate it's all at the same time...
4-3-2021 Newshound Guru Pimpy I know you guys were jumping up and down. You heard rumors that the dinar had been changing in Iraq 1 to 1 and I told you that wasn't true because if it was true then you would see people bringing their currency that are out of country taking to people in country and getting that 1 for 1 exchange - taking their newfound fortune...buying more dinar cheap then running it back into the country...so when people tell you oh, in country this and out county that, that's a lie. They go at the same time for that specific reason...use common sense...be careful about the information no matter where it comes from. Even me. Question it. There's nothing wrong with it - question it...
4-3-2021 Intel Guru BobTheTaxMan We are coming to a real possible window in April...obviously I'm not saying this is it, glory hallelujah you can count on $3.27 on Friday at 3 o'clock. No it's none of that nonsense. But there are some things that need to be looked at carefully just in case this does come to fruition in this particular time frame...things have got to be done prior to the RV in order to take advantage of the taxes that are going to be imposed on this particular transaction we're looking at... [Note: Consult your tax and financial experts at the appropriate time to set a strategy that's right your family's particular circumstances.]
4-3-2021 Intel Guru Mike Cottrell ...I do believe we are very, very close…whether it is this weekend, next weekend or next month…I have no idea. I know they are running out of time if they want to get their books straight. I was told they are trying day to day to get this done…
4-3-2021 Newshound Guru Adam Montana This anticipation is kind of getting to me. Article quote: "The House of Representatives voted today on the General Budget Law for 2021..." We are ridiculously close to seeing some HCL info...WTI is currently in the $61 range. The budget was formulated at much less than that. This is GOOD. HCL is on the way... GOOOO RRRRRRR-VVVVV!!!
4-3-2021 Newshound Guru Kaperoni Yesterday, direct from the Finance Minister when referring to the exchange rate stated this... "The current price of the Iraqi currency against the US dollar after its devaluation will continue for a long time, and a full float may occur in the future, but the...central bank will now work to maintain the current exchange rate level for as long as possible." I think that is pretty clear. And as I stated before, a float is how monetary policy works. Only with the success of Iraq's economy can the Iraqi dinar go up in value. With the recent passing of the 2021 budget, we have to hope this is the beginning of a prosperous Iraq.
4-3-2021 Newshound Guru Pimpy I do think it's [dinar] going to rebound. If they can keep stable with no issues and do away with as much corruption as possible like they've been doing and they start doing these private sector build ups, yeah you're going to see the currency rebound. I think it's going to happen quickly. Sure it might not happen overnight but IMO it's going to happen quickly enough...
4-3-2021 Intel Guru MarkZ [via PDK] Article: "The US dollars to the Iraqi dinar (IQD) exchange rates was up on the Kurdistan Region’s currency markets on Thursday (April 1)." Quote: "$100 was at 146,750 Iraqi dinars, 950 IQD higher than the previous day." We have seen a value change of the dinar which has been pegged for a very long time...it changed by 950 IQD…based on $100 US dollars…The article...shows the change and to me it means the IQD is unpegged from the US Dollar...IQD floating? [NOTE: You can always see the CBI official rate and market rate on the left side of this page.]
4-3-2021 Intel Guru BobTheTaxMan We are coming to a real possible window in April...obviously I'm not saying this is it, glory hallelujah you can count on $3.27 on Friday at 3 o'clock. No it's none of that nonsense. But there are some things that need to be looked at carefully just in case this does come to fruition in this particular time frame...things have got to be done prior to the RV in order to take advantage of the taxes that are going to be imposed on this particular transaction we're looking at... [Note: Consult your tax and financial experts at the appropriate time to set a strategy that's right your family's particular circumstances.]
4-3-2021 Intel Guru Mike Cottrell ...I do believe we are very, very close…whether it is this weekend, next weekend or next month…I have no idea. I know they are running out of time if they want to get their books straight. I was told they are trying day to day to get this done…
4-3-2021 Newshound Guru Adam Montana This anticipation is kind of getting to me. Article quote: "The House of Representatives voted today on the General Budget Law for 2021..." We are ridiculously close to seeing some HCL info...WTI is currently in the $61 range. The budget was formulated at much less than that. This is GOOD. HCL is on the way... GOOOO RRRRRRR-VVVVV!!!
4-3-2021 Newshound Guru Kaperoni Yesterday, direct from the Finance Minister when referring to the exchange rate stated this... "The current price of the Iraqi currency against the US dollar after its devaluation will continue for a long time, and a full float may occur in the future, but the...central bank will now work to maintain the current exchange rate level for as long as possible." I think that is pretty clear. And as I stated before, a float is how monetary policy works. Only with the success of Iraq's economy can the Iraqi dinar go up in value. With the recent passing of the 2021 budget, we have to hope this is the beginning of a prosperous Iraq.
4-3-2021 Newshound Guru Pimpy I do think it's [dinar] going to rebound. If they can keep stable with no issues and do away with as much corruption as possible like they've been doing and they start doing these private sector build ups, yeah you're going to see the currency rebound. I think it's going to happen quickly. Sure it might not happen overnight but IMO it's going to happen quickly enough...
4-3-2021 Intel Guru MarkZ [via PDK] Article: "The US dollars to the Iraqi dinar (IQD) exchange rates was up on the Kurdistan Region’s currency markets on Thursday (April 1)." Quote: "$100 was at 146,750 Iraqi dinars, 950 IQD higher than the previous day." We have seen a value change of the dinar which has been pegged for a very long time...it changed by 950 IQD…based on $100 US dollars…The article...shows the change and to me it means the IQD is unpegged from the US Dollar...IQD floating? [NOTE: You can always see the CBI official rate and market rate on the left side of this page.]
4-2-2021 Intel Guru Bruce [via WiserNow] So the decision was made...we can be ready to get notified with our emails and our 800 toll free numbers on Monday – which is a bank holiday - but guess what? The redemption centers are open – the staff will be there...Iraq did pass their budget – like it’s only been done forever – quote unquote – passed their 2021 budget yesterday - I’m not sure but believe it was put in the gazette yesterday... The top treasury source said – IF – If Iraq implements their budget on Saturday – which we fully hope and expect them to do – then – we in the internet group and tier 4A – will be notified Monday afternoon to set appointments for Tuesday which is the 6th of April...I am pretty excited about where this stands and where we’re going and the information is just lining up beautifully... [post 2 of 2]
4-2-2021 Intel Guru Bruce [via WiserNow] ...the World Court Lawsuit - the second one that was submitted – we knew some of the people that were involved in that...the decision of the World Court came down and it was favorable for us – to get this party started...we thought...why aren’t we there – why didn’t we get notified yesterday? I was really expecting it - What happened? Well we found out what happened – and it’s really for our betterment – and it’s this – President Trump worked directly with the World Court to modify this timeline but only slightly...they did not want to have us go for 2 days and all of a sudden stop Sunday and Monday which is a bank holiday – and have all the problems that would create by having stopped and then restart again – on Tuesday... [post 1 of 2....stay tuned]
4-2-2021 Newshound/Intel Guru Petra ...Remember, the WP's [White Papers ?] do NOT work at 1460 much less 1190 so the next move is on the CBI. Making the rate change is the door requiring unlocking for the Country of Iraq to welcome in the secondary markets and other International investors to walk on in. We know there are "Billions" on the sideline just waiting to enter when their investment dollars can be protected, monitored, and moved as necessary to impact any investment in a positive direction. With the dropping of the PR [Program Rate ?] to 1460 on 12/20 it fueled inflation as well as the 21+% increase in price/cost of goods to the citizens. Therefore, IMO, clearly, the excitement we saw yesterday was NOT as much the budget passed with the PR provided, but because the people know what is coming in the dropping of the 3 zero's positively impacting their imminent purchasing power and providing opportunity for all! Yup! Show time!!!
4-2-2021 Intel Guru MarkZ [via PDK] There is a tremendous amount of anticipation over the next 7-10 days. Many bond people/redemption folks are looking squarely at Tuesday...I have been told by 2 different redemption center contacts that they are on call this weekend... I was also told they are trying day to day and they will fight to get this done...they are running out of places to kick the can and the can has gotten to big. I personally think we are right on top of it. I think it could be days...
4-2-2021 Newshound Guru Pimpy Well they can't afford the other option - to say look this currency is no good. Discontinue it and print a new currency. Can't do that. It affects the public and they can't afford to do that. But if you're being told by your investigator 'Hey look...we know based on our investigation we can recoup maybe 94-96% of the money.' That's acceptable ...as much as they've recouped, I don't want to do dates...We'll see what happens...I don't think it's going to take as long as you people think, it really isn't... [post 2 of 2]
4-2-2021 Newshound Guru Pimpy If they know they printed out X amount of dinars but they can only account for a small amount of it you can't do a rate change. Let's say that 85% of all the outstanding dinar is exchanged at around the same time it would crash the economy. Let's say you can account for 94-96%...it's easy to reinstate the old rate because you know there's a small amount of dinar out there that you are going to have to account for as far as the rate change is concerned...we know that the money was missing. We know that Al-Kazemi was investigating that. That's all public knowledge. We also know that they're doing what they can right now to recover that money...What is the other option? [post 1 of 2...stay tuned]
4-2-2021 Intel Guru BobTheTaxMan Question: [I've been a Warka [Bank] account holder since 2010...there's been complete silence in respect to getting passwords reset. Do you have anything on that?]. I have a contact over there a Warka that we've been working with for well over a year who's the manager at one of the branches. He's actually a representative between Warka and the CBI. Originally they were supposed to be popping out the links and connections with their international clients after the first of the year but because of oil prices and covid and the mess that they've still been dealing with it got postponed...I heard from him just a couple of days ago. They're still waiting on the final word from the CBI that all the connections are ready to go. They didn't have an estimated time for it yet but I know it's on the plate coming up. I'm pretty sure this thing in April is going to open up a lot of space. We'll have a lot more clarity at that time.
4-2-2021 Newshound Guru Clare Article Quote: "Iraq is implementing its reform plans towards fiscal and monetary policy."!!! WOOHOOO!!! FRANK [Guru Frank26] TOLD US WHO WOULD BE SPEAKING NEXT!!...THE CBI...WE ARE SEEING EXACTLY WHAT [Gurus] WALKINGSTICK & FRANK TOLD US!! ...IMO. IT IS NOW...BE READY! Imo.
4-2-2021 Intel Guru Bruce [via WiserNow] ...the World Court Lawsuit - the second one that was submitted – we knew some of the people that were involved in that...the decision of the World Court came down and it was favorable for us – to get this party started...we thought...why aren’t we there – why didn’t we get notified yesterday? I was really expecting it - What happened? Well we found out what happened – and it’s really for our betterment – and it’s this – President Trump worked directly with the World Court to modify this timeline but only slightly...they did not want to have us go for 2 days and all of a sudden stop Sunday and Monday which is a bank holiday – and have all the problems that would create by having stopped and then restart again – on Tuesday... [post 1 of 2....stay tuned]
4-2-2021 Newshound/Intel Guru Petra ...Remember, the WP's [White Papers ?] do NOT work at 1460 much less 1190 so the next move is on the CBI. Making the rate change is the door requiring unlocking for the Country of Iraq to welcome in the secondary markets and other International investors to walk on in. We know there are "Billions" on the sideline just waiting to enter when their investment dollars can be protected, monitored, and moved as necessary to impact any investment in a positive direction. With the dropping of the PR [Program Rate ?] to 1460 on 12/20 it fueled inflation as well as the 21+% increase in price/cost of goods to the citizens. Therefore, IMO, clearly, the excitement we saw yesterday was NOT as much the budget passed with the PR provided, but because the people know what is coming in the dropping of the 3 zero's positively impacting their imminent purchasing power and providing opportunity for all! Yup! Show time!!!
4-2-2021 Intel Guru MarkZ [via PDK] There is a tremendous amount of anticipation over the next 7-10 days. Many bond people/redemption folks are looking squarely at Tuesday...I have been told by 2 different redemption center contacts that they are on call this weekend... I was also told they are trying day to day and they will fight to get this done...they are running out of places to kick the can and the can has gotten to big. I personally think we are right on top of it. I think it could be days...
4-2-2021 Newshound Guru Pimpy Well they can't afford the other option - to say look this currency is no good. Discontinue it and print a new currency. Can't do that. It affects the public and they can't afford to do that. But if you're being told by your investigator 'Hey look...we know based on our investigation we can recoup maybe 94-96% of the money.' That's acceptable ...as much as they've recouped, I don't want to do dates...We'll see what happens...I don't think it's going to take as long as you people think, it really isn't... [post 2 of 2]
4-2-2021 Newshound Guru Pimpy If they know they printed out X amount of dinars but they can only account for a small amount of it you can't do a rate change. Let's say that 85% of all the outstanding dinar is exchanged at around the same time it would crash the economy. Let's say you can account for 94-96%...it's easy to reinstate the old rate because you know there's a small amount of dinar out there that you are going to have to account for as far as the rate change is concerned...we know that the money was missing. We know that Al-Kazemi was investigating that. That's all public knowledge. We also know that they're doing what they can right now to recover that money...What is the other option? [post 1 of 2...stay tuned]
4-2-2021 Intel Guru BobTheTaxMan Question: [I've been a Warka [Bank] account holder since 2010...there's been complete silence in respect to getting passwords reset. Do you have anything on that?]. I have a contact over there a Warka that we've been working with for well over a year who's the manager at one of the branches. He's actually a representative between Warka and the CBI. Originally they were supposed to be popping out the links and connections with their international clients after the first of the year but because of oil prices and covid and the mess that they've still been dealing with it got postponed...I heard from him just a couple of days ago. They're still waiting on the final word from the CBI that all the connections are ready to go. They didn't have an estimated time for it yet but I know it's on the plate coming up. I'm pretty sure this thing in April is going to open up a lot of space. We'll have a lot more clarity at that time.
4-2-2021 Newshound Guru Clare Article Quote: "Iraq is implementing its reform plans towards fiscal and monetary policy."!!! WOOHOOO!!! FRANK [Guru Frank26] TOLD US WHO WOULD BE SPEAKING NEXT!!...THE CBI...WE ARE SEEING EXACTLY WHAT [Gurus] WALKINGSTICK & FRANK TOLD US!! ...IMO. IT IS NOW...BE READY! Imo.
4-1-2021 Intel Guru MarkZ [via PDK] The budget was passed …a specific new rate was not given but there are a lot of key contracts that require larger rates and they did peg their oil in the budget at $44. This appears to have been the final hurdle as we move forward to allow Iraq currency to float and change.
4-1-2021 Newshound Guru MilitiaMan Article Quotes: "Iraq is implementing its reform plans towards fiscal and monetary policy."; "his governor participated, as a representative of Iraq, in the spring meetings of the International Monetary Fund." Sounds good to me...But, we knew this already...They have been working to complete now for a long time and have finally got where we need to be...or where they are to be...Just like we have been told that they are having meetings and they are on going... Well now it is show time... imo...
4-1-2021 Newshound Guru Breitling You need to be prepared. Taxes are going to go up. They're about to skyrocket. It's everybody who has made $200,000 on up. Most of you are going to cover that when the dinar revalues. [Note: Taxes are important. Be sure to consult your tax professional at the appropriate time to build a tax strategy specific to your families unique circumstances.]
4-1-2021 Intel Guru MarkZ [via PDK] The budget did pass….it was not a cruel joke…what does that mean though? What I am hearing from Iraq is YES they are changing values in country…they will float….I am hearing it will be similar to Kuwait. I hear it will be somewhere in the next 2 - 10 days or so before we see the manifestation of it...This is not unusual. In Kuwait it took 10 days from this point for it to reach the people on the outside of the country…we need to stay calm as we get through this final short bit. Again once the process started in Kuwait it took them 10 days to release it to the world…I believe the process has started in Iraq. This is big news. There is nothing to worry about. Things are moving forward quickly. I believe the lynchpin has been pulled at this point. I am expecting a huge weekend right now.
4-1-2021 Newshound Guru Jeff Anyone who put their primary focus on the budget fell right into their trap and was played for a fool. Article: "Parliament votes on the 2021 budget bill in full" Remember I told you the rate wasn't going to change. It was going to stay exactly where it was at? Article: "parliament votes on the first article and fixing the dollar exchange rate"...they've adopted the exchange rate of 1450 per dollar...Article: "The House of Representatives decided in its meeting held today, Wednesday, to convert the federal budget for 2021 from the dollar to the Iraqi dinar" that's a stability step. That's good...but...they have no intentions of changing the rate anytime soon.
4-1-2021 Intel Guru Frank26 All I know is this blessing is coming. I have no doubt...none whatsoever...I fear when it becomes 1 to 1...when they reach that date...that I believe is solid. I don't know the date but when they reach that point of 1 to 1 in county and out of country I think that there'll still be people complaining (it's called less than 1%). They'll still be complaining. Not that they have 1 to 1 rate with the currency they invested in but they're now saying well how long is it going to take for the rate to grow internationally. Are you serious? You already got a 1 to 1 rate. 'Well I'd like a 2-1 a 3-1 a 4-1 rate.' You gluttony. That's not cool...
4-1-2021 Newshound Guru Pimpy As they start accounting for where the dinars are and they're doing that right now, you can understand the difference between trying to reinstate a rate where 85% of your currency might come back at you all at one time at a rate of $3 per dinar. That would kill an entire economy...If you remember the articles when Al-Kazemi was like 'where the hell is our dinar?' There was very little there in country...They started investigating further and they started taking this money back...I can tell you that a good portion of this money is being recovered but there's still a little too much out there for them to reinstate a rate...this is just speculation on my part based on the tidbits of information that we get when we speak to people who are currency movers... [post 2 of 2]
4-1-2021 Newshound Guru Pimpy We know that some countries are holding on to large amounts of IQD - That I can validate. I can tell you that's for reals...70%-72% of the money is accounted for and not sitting in the hands of speculators and not sitting in the hand of the corrupt people...people were like, 'if you go to reinstate they've printed way too much money. There's no way they can afford that.' Well you're assuming that all the money is in the hands of speculators out in public. I'm saying it's not. It's in the hands most of the banks... [post 1 of 2....stay tuned]
4-1-2021 Intel Guru MarkZ [via PDK] [anything new on the rate we will get for the dong?] I have been told that the street rate will be about .47 cents and be allowed to float up…while the contract rate we should get will be in the low $2.25 range or so.
4-1-2021 Newshound Guru Kaperoni The 2021 Iraqi budget was voted on and approved today. They have recessed to April 10th. The minister of finance stated today that the exchange rate of the Iraqi dinar will stay at 1460. And in the future, a full float is possible. Of course a float will eventually occur. That is how monetary policy really works. There is no random acts. As Iraq's economy grows and more and more investment comes into the country it'll create inflationary pressure. Flotation is the answer to counter that pressure.
4-1-2021 Newshound Guru MilitiaMan Article Quotes: "Iraq is implementing its reform plans towards fiscal and monetary policy."; "his governor participated, as a representative of Iraq, in the spring meetings of the International Monetary Fund." Sounds good to me...But, we knew this already...They have been working to complete now for a long time and have finally got where we need to be...or where they are to be...Just like we have been told that they are having meetings and they are on going... Well now it is show time... imo...
4-1-2021 Newshound Guru Breitling You need to be prepared. Taxes are going to go up. They're about to skyrocket. It's everybody who has made $200,000 on up. Most of you are going to cover that when the dinar revalues. [Note: Taxes are important. Be sure to consult your tax professional at the appropriate time to build a tax strategy specific to your families unique circumstances.]
4-1-2021 Intel Guru MarkZ [via PDK] The budget did pass….it was not a cruel joke…what does that mean though? What I am hearing from Iraq is YES they are changing values in country…they will float….I am hearing it will be similar to Kuwait. I hear it will be somewhere in the next 2 - 10 days or so before we see the manifestation of it...This is not unusual. In Kuwait it took 10 days from this point for it to reach the people on the outside of the country…we need to stay calm as we get through this final short bit. Again once the process started in Kuwait it took them 10 days to release it to the world…I believe the process has started in Iraq. This is big news. There is nothing to worry about. Things are moving forward quickly. I believe the lynchpin has been pulled at this point. I am expecting a huge weekend right now.
4-1-2021 Newshound Guru Jeff Anyone who put their primary focus on the budget fell right into their trap and was played for a fool. Article: "Parliament votes on the 2021 budget bill in full" Remember I told you the rate wasn't going to change. It was going to stay exactly where it was at? Article: "parliament votes on the first article and fixing the dollar exchange rate"...they've adopted the exchange rate of 1450 per dollar...Article: "The House of Representatives decided in its meeting held today, Wednesday, to convert the federal budget for 2021 from the dollar to the Iraqi dinar" that's a stability step. That's good...but...they have no intentions of changing the rate anytime soon.
4-1-2021 Intel Guru Frank26 All I know is this blessing is coming. I have no doubt...none whatsoever...I fear when it becomes 1 to 1...when they reach that date...that I believe is solid. I don't know the date but when they reach that point of 1 to 1 in county and out of country I think that there'll still be people complaining (it's called less than 1%). They'll still be complaining. Not that they have 1 to 1 rate with the currency they invested in but they're now saying well how long is it going to take for the rate to grow internationally. Are you serious? You already got a 1 to 1 rate. 'Well I'd like a 2-1 a 3-1 a 4-1 rate.' You gluttony. That's not cool...
4-1-2021 Newshound Guru Pimpy As they start accounting for where the dinars are and they're doing that right now, you can understand the difference between trying to reinstate a rate where 85% of your currency might come back at you all at one time at a rate of $3 per dinar. That would kill an entire economy...If you remember the articles when Al-Kazemi was like 'where the hell is our dinar?' There was very little there in country...They started investigating further and they started taking this money back...I can tell you that a good portion of this money is being recovered but there's still a little too much out there for them to reinstate a rate...this is just speculation on my part based on the tidbits of information that we get when we speak to people who are currency movers... [post 2 of 2]
4-1-2021 Newshound Guru Pimpy We know that some countries are holding on to large amounts of IQD - That I can validate. I can tell you that's for reals...70%-72% of the money is accounted for and not sitting in the hands of speculators and not sitting in the hand of the corrupt people...people were like, 'if you go to reinstate they've printed way too much money. There's no way they can afford that.' Well you're assuming that all the money is in the hands of speculators out in public. I'm saying it's not. It's in the hands most of the banks... [post 1 of 2....stay tuned]
4-1-2021 Intel Guru MarkZ [via PDK] [anything new on the rate we will get for the dong?] I have been told that the street rate will be about .47 cents and be allowed to float up…while the contract rate we should get will be in the low $2.25 range or so.
4-1-2021 Newshound Guru Kaperoni The 2021 Iraqi budget was voted on and approved today. They have recessed to April 10th. The minister of finance stated today that the exchange rate of the Iraqi dinar will stay at 1460. And in the future, a full float is possible. Of course a float will eventually occur. That is how monetary policy really works. There is no random acts. As Iraq's economy grows and more and more investment comes into the country it'll create inflationary pressure. Flotation is the answer to counter that pressure.
3-31-2021 Newshound Guru MilitiaMan Article: "Zain Cash launches a service to invite friends to register the permanent wallet" Quote: "One of its main services is the World Card MasterCard which operates in two currencies, a dinar and a dollar," This looks to be more out that supports they are going international. Operating in two currencies is an indicator of just that. Pairing with the dollar is an international action. imo...Get ready, they are getting ready too... imo.
3-31-2021 Intel Guru Footforward ...The rate has to be above $3.50 in my opinion and they won't out it out publicly into a budget unless the RV has actually already happened. That is not financial or investment advice. But I've been very consistent on the rate of the dinar for over 4 years now...There must be a really good reason beyond any stubbornness anyone could say I have.
3-31-2021 Intel Guru Bruce [via WiserNow] We’re in a very good place I believe...everything is syncing up – S Y N C ING up so that we can all go together as the shot gun start for us...Remember the lawsuit that...second lawsuit that was filed – in the world court and received a decision back on the 19th...of March - and the decision was - to have tier 4B...they/we the internet group...the decision called for notifications to go out no later than the 31st of March... even though this is going down to the wire... if everything is still on track - we are all good - it’s all good... I think we’re in a really good place right now...hopefully there are no more delays...
3-31-2021 Newshound Guru Pimpy People keep asking me what my opinion is on the whole dinar thing - will they take 4 years? No. I don't think so. That's just my opinion though. I think there's plenty of reasons to watch the currency go up in value...Now there is another thing going on all together. I'm trying to get permission to talk about this. We think we know what the true reason is why it has not changed yet. We're just trying to get confirmation and permission to talk about it...
3-31-2021 Newshound Guru Brietling Question: [The issue of the HCL or the Oil and Gas Law...Do you see this issue needing to be resolved before the value of the dinar increases?] Nope. They don't need it. Period end of story. How does that effect the rate of the dinar one way or the other?...The hydro Carbon law is they're talking about where the money is going that is brought in from selling energy. Specifically US dollars. It has nothing to do with the dinar at all.
3-31-2021 Intel Guru MarkZ [via PDK] A quorum was met about an hour and a half ago…they do expect to vote today on the budget. It does appear that it will pass…so all eyes are on Iraq… If we hear good news I will come back... I have heard rumors they may try to do a “blackout” if the vote went well. And then try to release it over the Easter weekend. Similar to what they did in Kuwait. When Kuwait passed it- they blacked it out for 10 days…of course that was before the widespread proliferation of internet, cell phones etc…. I don’t think they will be able to keep this under wraps as long as they did in Kuwait. But I am told they are going to try. We don’t know exactly how it is going to work…all we can do is watch. I hope we know at least that they have crossed the finish line…would bring peace of mind. Feels like we have been here before but I don’t think we have ever been this close.
3-31-2021 Intel Guru Frank26 Question: [I understand there is only so much you can share regarding taxes, my question is...] ...I stop. I'm not a wealth manager/advisor...but I can tell you this. B is going to destroy you. He's already stabbed you in the back by reneging on many things that he's told you. He said they wouldn't mess with the capital gains. Look what he's doing. He's going to do it at the end of the year. He's going to wait to the last second to show you how he's going to destroy you. [NOTE: Consult your tax and financial advisors at the appropriate time for your family's unique circumstances]
3-31-2021 Guest Guru sheila [IF it was going to happen or it has happened...IT WILL BE INTERNATIONAL NEWS. PERIOD.] Yes, there is no such thing as an In Country Revalue. When this activates, it's in a flash - FOREX.
3-31-2021 Newshound Guru Pimpy This whole arena, everything is speculation...Just because I don't always agree with the other youtubers that doesn't mean I'm after them. I just don't agree. We won't always agree on stuff. Some of you guys believe them too too much if you ask me because you guys lose your mind...stay grounded...you should want somebody to tell it to you straight whether it's good or bad. That's what I would hope...
3-31-2021 Intel Guru MarkZ We hope the date for exchanging...is April 1st…this is not written in stone. This is the start of much of the world’s fiscal year…Its the start of Iraq’s fiscal year. They are pushing hard to have it done by then.
3-31-2021 Intel Guru Footforward ...The rate has to be above $3.50 in my opinion and they won't out it out publicly into a budget unless the RV has actually already happened. That is not financial or investment advice. But I've been very consistent on the rate of the dinar for over 4 years now...There must be a really good reason beyond any stubbornness anyone could say I have.
3-31-2021 Intel Guru Bruce [via WiserNow] We’re in a very good place I believe...everything is syncing up – S Y N C ING up so that we can all go together as the shot gun start for us...Remember the lawsuit that...second lawsuit that was filed – in the world court and received a decision back on the 19th...of March - and the decision was - to have tier 4B...they/we the internet group...the decision called for notifications to go out no later than the 31st of March... even though this is going down to the wire... if everything is still on track - we are all good - it’s all good... I think we’re in a really good place right now...hopefully there are no more delays...
3-31-2021 Newshound Guru Pimpy People keep asking me what my opinion is on the whole dinar thing - will they take 4 years? No. I don't think so. That's just my opinion though. I think there's plenty of reasons to watch the currency go up in value...Now there is another thing going on all together. I'm trying to get permission to talk about this. We think we know what the true reason is why it has not changed yet. We're just trying to get confirmation and permission to talk about it...
3-31-2021 Newshound Guru Brietling Question: [The issue of the HCL or the Oil and Gas Law...Do you see this issue needing to be resolved before the value of the dinar increases?] Nope. They don't need it. Period end of story. How does that effect the rate of the dinar one way or the other?...The hydro Carbon law is they're talking about where the money is going that is brought in from selling energy. Specifically US dollars. It has nothing to do with the dinar at all.
3-31-2021 Intel Guru MarkZ [via PDK] A quorum was met about an hour and a half ago…they do expect to vote today on the budget. It does appear that it will pass…so all eyes are on Iraq… If we hear good news I will come back... I have heard rumors they may try to do a “blackout” if the vote went well. And then try to release it over the Easter weekend. Similar to what they did in Kuwait. When Kuwait passed it- they blacked it out for 10 days…of course that was before the widespread proliferation of internet, cell phones etc…. I don’t think they will be able to keep this under wraps as long as they did in Kuwait. But I am told they are going to try. We don’t know exactly how it is going to work…all we can do is watch. I hope we know at least that they have crossed the finish line…would bring peace of mind. Feels like we have been here before but I don’t think we have ever been this close.
3-31-2021 Intel Guru Frank26 Question: [I understand there is only so much you can share regarding taxes, my question is...] ...I stop. I'm not a wealth manager/advisor...but I can tell you this. B is going to destroy you. He's already stabbed you in the back by reneging on many things that he's told you. He said they wouldn't mess with the capital gains. Look what he's doing. He's going to do it at the end of the year. He's going to wait to the last second to show you how he's going to destroy you. [NOTE: Consult your tax and financial advisors at the appropriate time for your family's unique circumstances]
3-31-2021 Guest Guru sheila [IF it was going to happen or it has happened...IT WILL BE INTERNATIONAL NEWS. PERIOD.] Yes, there is no such thing as an In Country Revalue. When this activates, it's in a flash - FOREX.
3-31-2021 Newshound Guru Pimpy This whole arena, everything is speculation...Just because I don't always agree with the other youtubers that doesn't mean I'm after them. I just don't agree. We won't always agree on stuff. Some of you guys believe them too too much if you ask me because you guys lose your mind...stay grounded...you should want somebody to tell it to you straight whether it's good or bad. That's what I would hope...
3-31-2021 Intel Guru MarkZ We hope the date for exchanging...is April 1st…this is not written in stone. This is the start of much of the world’s fiscal year…Its the start of Iraq’s fiscal year. They are pushing hard to have it done by then.
3-30-2021 Newshound Guru Breitling You're gonna be taxed. You're gonna get your asses kicked in taxes. If you're not in a tax shelter with your currency you're definitely gonna get your asses kicked. So you've been warned. I'm telling you right now it's built into it... [NOTE: Consult with your tax expert and advisors at the appropriate time so you make the right decisions for your particular circumstances.]
3-30-2021 Intel Guru Frank26 Question: [What happens if in 4 to 6 months Iraq calls in all 3-zero notes, will we be forced to dump them in an exchange...?] Yes. When you bought your Iraqi dinars did you get the piece of paper that said that they were going to guarantee things for you? No. That's why it's a speculative investment. You're under the program of the monetary reform of the CBI...all time frames will be given by the CBI to the citizens and they will be given to the rest of the world as well...
3-30-2021 Intel Guru MarkZ [via PDK] I have seen no bad news… [Did Iraq pass their budget?] I spoke with contacts on the ground in Iraq…. A minister said they are now “moment to moment” as they iron out the final details. They have agreed to the overall framework and it should be within days… Could be today…could be tomorrow…we are at the precipice... People are still in place for exchanges… [Are people still working at redemption centers?] Yes…they are in place with a skeleton crew…Keep in mind there is a tremendous amount of smoke and misinformation thrown at you...don’t be Chicken Little…stay calm.
3-30-2021 Newshound Guru Pimpy It's better to watch what they do. We already know that parliament is raising holy bajibas about the exchange rate. We know there's huge demands in the political blocks. Do they have the power to get the exchange rate changed? It's possible. So we're keeping an eye on that...
3-30-2021 Newshound/Intel Guru Petra ...Are we excited on where we are at??? ABSOLUTELY!!! We do mine the articles for validation of accuracy and continued process towards the RI and there have been many for sure. The key for everybody to understand is the need for DISCERNMENT as to what is real...and...the Dog and Pony show. So accurate a metaphor for where we are right now as we await the CBI to make the change. ...question: How many contrary articles have you seen in the last 7-10 days. I would say..a lot!! ...we are most excited but...what the media is doing in Iraq because...just tells us they are looking for headlines while the real "minds and hearts" of Iraq are focused on getting to the end game of the RI for...Iraq. So, chin up...the game is definitely afoot and I am excited to see what the "near proximal" future has to show us as we await the CBI, AND ONLY, the CBI to make their move...
3-30-2021 Newshound Guru Breitling Question: [An old friend reached out to me today and said he has learned that the dinar is 1 U.S dollar in country...are you aware of any such exchange?] NO. And there never ever is going to be an in country revaluation. It's never happened in the history of mankind. How is that going to work? ...it's ridiculous. It's the dumbest things I've ever heard...
3-30-2021 Intel Guru MarkZ [... I spoke with 2 bank managers at 2 major banks and both claimed they had no idea of ANY changes - QFS, New Currencies, Fed changes, RV, nothing.] That is the official line from lower levels at banks…. I have talked to many people at big banks…some know this is happening…some do not. Think about this…if you worked at a bank and knew this was happening…would you have your own currency? Banks would not have an employee left if it were common knowledge with the lower level employees. The elites never wanted the masses to know about this…the wealthy do not want to share first class air seats, expensive cars or exclusive restaurants with us…they do not want us to be wealthy also. The folks I know that are trained for redemption centers all have their own currency. They had to sign an agreement. They cannot exchange or get access to their funds until after the exchange process is complete.
3-30-2021 Newshound Guru MilitiaMan ...The facts and information that is outside the hype does point conclusively to the reforms are coming to a head with an exchange rate change on the top of the list. The clarity that is out there in respect to the 2021 budget has been a dog a pony show be sure. They have to have the rate change ioo first...And no, they will not get into the private sector ioo with a program rate. ...I like where we are and we may see even more good news in the very short term. The first quarter is coming to a close in a couple of days...
3-30-2021 Intel Guru Frank26 Question: [What happens if in 4 to 6 months Iraq calls in all 3-zero notes, will we be forced to dump them in an exchange...?] Yes. When you bought your Iraqi dinars did you get the piece of paper that said that they were going to guarantee things for you? No. That's why it's a speculative investment. You're under the program of the monetary reform of the CBI...all time frames will be given by the CBI to the citizens and they will be given to the rest of the world as well...
3-30-2021 Intel Guru MarkZ [via PDK] I have seen no bad news… [Did Iraq pass their budget?] I spoke with contacts on the ground in Iraq…. A minister said they are now “moment to moment” as they iron out the final details. They have agreed to the overall framework and it should be within days… Could be today…could be tomorrow…we are at the precipice... People are still in place for exchanges… [Are people still working at redemption centers?] Yes…they are in place with a skeleton crew…Keep in mind there is a tremendous amount of smoke and misinformation thrown at you...don’t be Chicken Little…stay calm.
3-30-2021 Newshound Guru Pimpy It's better to watch what they do. We already know that parliament is raising holy bajibas about the exchange rate. We know there's huge demands in the political blocks. Do they have the power to get the exchange rate changed? It's possible. So we're keeping an eye on that...
3-30-2021 Newshound/Intel Guru Petra ...Are we excited on where we are at??? ABSOLUTELY!!! We do mine the articles for validation of accuracy and continued process towards the RI and there have been many for sure. The key for everybody to understand is the need for DISCERNMENT as to what is real...and...the Dog and Pony show. So accurate a metaphor for where we are right now as we await the CBI to make the change. ...question: How many contrary articles have you seen in the last 7-10 days. I would say..a lot!! ...we are most excited but...what the media is doing in Iraq because...just tells us they are looking for headlines while the real "minds and hearts" of Iraq are focused on getting to the end game of the RI for...Iraq. So, chin up...the game is definitely afoot and I am excited to see what the "near proximal" future has to show us as we await the CBI, AND ONLY, the CBI to make their move...
3-30-2021 Newshound Guru Breitling Question: [An old friend reached out to me today and said he has learned that the dinar is 1 U.S dollar in country...are you aware of any such exchange?] NO. And there never ever is going to be an in country revaluation. It's never happened in the history of mankind. How is that going to work? ...it's ridiculous. It's the dumbest things I've ever heard...
3-30-2021 Intel Guru MarkZ [... I spoke with 2 bank managers at 2 major banks and both claimed they had no idea of ANY changes - QFS, New Currencies, Fed changes, RV, nothing.] That is the official line from lower levels at banks…. I have talked to many people at big banks…some know this is happening…some do not. Think about this…if you worked at a bank and knew this was happening…would you have your own currency? Banks would not have an employee left if it were common knowledge with the lower level employees. The elites never wanted the masses to know about this…the wealthy do not want to share first class air seats, expensive cars or exclusive restaurants with us…they do not want us to be wealthy also. The folks I know that are trained for redemption centers all have their own currency. They had to sign an agreement. They cannot exchange or get access to their funds until after the exchange process is complete.
3-30-2021 Newshound Guru MilitiaMan ...The facts and information that is outside the hype does point conclusively to the reforms are coming to a head with an exchange rate change on the top of the list. The clarity that is out there in respect to the 2021 budget has been a dog a pony show be sure. They have to have the rate change ioo first...And no, they will not get into the private sector ioo with a program rate. ...I like where we are and we may see even more good news in the very short term. The first quarter is coming to a close in a couple of days...
3-29-2021 Intel Guru MarkZ [Any news on rates?] We have talked about this many times…what I am hearing is on the dinar a street rate between $3.70 to $3.90 and a contract rate of around $8. This is the prevalent rumors around the banking contacts. On the dong I hear the street rate is around .47 cents with a contract rate of a little over $2.
3-29-2021 Intel Guru Frank26 Question: [If we go into April with no RI would they be able to retro the rate back to January 1st?] Yes...they can retroactive any time during the fiscal year...
3-29-2021 Intel Guru Footforward The IRS has not made a ruling yet on dinar or how it will be taxed... [NOTE: Always consult your tax professionals at the appropriate time]
3-29-2021 Intel Guru MarkZ Iraq attempted over the weekend to get the budget vote done…they stayed until 10:00 or 11:00 their time last night in parliament …they are meeting again today in an attempt to get the budget out the door. Iraq has been on the precipice of passing the budget all weekend. I think they are stringing them along until the US is ready…and I hear we are ready at any minute…hearing fantastic things…we still see everybody at the edge of their seat waiting. There was no bad news this weekend…just not hearing the thing we all want yet. All eyes were on Iraq for the budget signing to show whether it was finished or not.
3-29-2021 Intel Guru Frank26 Question: [Do you think you will have to sign a Nondisclosure of any form when we exchange with our banks?] No! What is the bank going to tell you, 'Don't tell no body that we just made a lot of money exchanging the Iraqi dinar for you with our spread. We don't want that business anymore. Shhhh.' See how dumb that is?
3-29-2021 Newshound Guru Breitling I think it was at 1 or 2 percent charge or whatever it was...don't worry about it. Once there's value added to it and people start to exchange and they [banks] see they will be able to make money off of the exchange...they are going to fight for your currency. Not only that but the traders that are out there where a lot of people bought their currency are going to be fighting for the currency. Period end of story. It's going to be a competition and you're going to be sitting in the driver's seat. That's not going to be a problem. [post 2 of 2]
3-29-2021 Newshound Guru Breitling Question: [My big worry when the time comes to cash out is that the currency traders are the only avenue for exchanging the dinar. Currently they are getting around 20% of that. Is that a fact?] Yes it is. Every business model there is you charge 20%...you get a 20% return at a minimum. They're not doing anything out of what everybody else is doing. [If that is so, who can we trust?]. Banks. Banks will be competing for the U.S. dollar...I bought all of my currency from a bank. I didn't buy it from a currency trader. [post 1 of 2....stay tuned]
3-29-2021 Intel Guru Footforward [...do you mind sharing again what rate range you’d expect dong to revalue at, in your opinion?...] 15 cents I think is very reasonable. In my opinion. 25 cents would be on the high end in my opinion.
3-29-2021 Intel Guru Frank26 Question: [If we go into April with no RI would they be able to retro the rate back to January 1st?] Yes...they can retroactive any time during the fiscal year...
3-29-2021 Intel Guru Footforward The IRS has not made a ruling yet on dinar or how it will be taxed... [NOTE: Always consult your tax professionals at the appropriate time]
3-29-2021 Intel Guru MarkZ Iraq attempted over the weekend to get the budget vote done…they stayed until 10:00 or 11:00 their time last night in parliament …they are meeting again today in an attempt to get the budget out the door. Iraq has been on the precipice of passing the budget all weekend. I think they are stringing them along until the US is ready…and I hear we are ready at any minute…hearing fantastic things…we still see everybody at the edge of their seat waiting. There was no bad news this weekend…just not hearing the thing we all want yet. All eyes were on Iraq for the budget signing to show whether it was finished or not.
3-29-2021 Intel Guru Frank26 Question: [Do you think you will have to sign a Nondisclosure of any form when we exchange with our banks?] No! What is the bank going to tell you, 'Don't tell no body that we just made a lot of money exchanging the Iraqi dinar for you with our spread. We don't want that business anymore. Shhhh.' See how dumb that is?
3-29-2021 Newshound Guru Breitling I think it was at 1 or 2 percent charge or whatever it was...don't worry about it. Once there's value added to it and people start to exchange and they [banks] see they will be able to make money off of the exchange...they are going to fight for your currency. Not only that but the traders that are out there where a lot of people bought their currency are going to be fighting for the currency. Period end of story. It's going to be a competition and you're going to be sitting in the driver's seat. That's not going to be a problem. [post 2 of 2]
3-29-2021 Newshound Guru Breitling Question: [My big worry when the time comes to cash out is that the currency traders are the only avenue for exchanging the dinar. Currently they are getting around 20% of that. Is that a fact?] Yes it is. Every business model there is you charge 20%...you get a 20% return at a minimum. They're not doing anything out of what everybody else is doing. [If that is so, who can we trust?]. Banks. Banks will be competing for the U.S. dollar...I bought all of my currency from a bank. I didn't buy it from a currency trader. [post 1 of 2....stay tuned]
3-29-2021 Intel Guru Footforward [...do you mind sharing again what rate range you’d expect dong to revalue at, in your opinion?...] 15 cents I think is very reasonable. In my opinion. 25 cents would be on the high end in my opinion.
3-28-2021 Intel Guru Frank26 I'm sorry that I told you that there would be CBI satellite banks where you can take your dinars and deposit them and leave them as dinars. That is not true...there will be many American banks where you can go in to their foreign currency department and deal with the CBI. Banks in the United States of America now have a symbiotic relationship with banks in Iraq...because of the laws of the United States banks and the Untied States Treasury...you can not deposit foreign currency into an American bank account and leave it that way. It has to be changed into an American dollar...
3-28-2021 Intel Guru RayRen98 Saturday- The Kurdish delegation will arrive this evening in Baghdad , and tomorrow it will hold a meeting with the Presidency of Parliament and heads of political blocs to resolve the points of contention and reach a final agreement to vote on the budget law. The deputy from the Kurdistan Democratic Bloc, Sherwan Al-Dubaradani, stated that the atmosphere is currently positive, especially after the meeting of the Finance Committee and its hosting of the ministers, and that Sunday will be a crucial day for voting on the budget law. Committee member Naji Al-Saeedi said in a televised interview: “There is agreement to pass the budget in the Sunday session, and the Finance Committee continues to work to approve the budget,”
3-28-2021 Intel Guru Footforward [...does anyone know if they passed the budget?] So the rate isn't in the budget. Most of you are aware that I've been saying that for weeks now that it wouldn't be in the budget. Do not be discouraged and do not look to iraq! At all! They do not hold the keys to the timeline. I had stress this very specifically. I said they will not put the rate in the budget because they're not going to make it that obvious and a lot of people are going to be frustrated and are going to sell their dinar.
3-28-2021 Newshound Guru Pimpy Somebody said they're already exchanging in country 1 to 1. You believe that they're exchanging 1 to 1 in county? ...what do you suppose would happen? ...there would be black market stuff galore...people could get rich off of that real quick. Basically what you would do is if you're in country you send a bunch of money, US dollars, over to somebody out of country. Have them buy the dinars out of country - millions of them - sneak it across the border then go exchange it. Does that make sense? Do you think that's what's really going on? ...I told you whenever they make the change it's gonna change for everybody...so no, in country does not have a rate 1 to 1...
3-28-2021 Intel Guru Frank26 ...[Guru] WALKINGSTICK AND I GAVE YOU OUR OPINION TWO WEEKS AGO AND WE CALLED IT PHASE 1, 2 AND 3...CHINA....KUWAIT....AND CERTAINLY COUNTRIES LIKE IRAQ THAT ARE GOING THROUGH A MONETARY REFORM ARE GOING TO PUT OUT MISLEADING INFORMATION. ONLY THE WEAK WOULD FEED OFF OF THIS AND GET SICK...WHAT WE HAVE SHARED WILL COME ABOUT. REGARDLESS IF IT'S PRESENTED IN OUR OPINION ...BE AWARE OF LIES AND RUMORS CONCERNING IRAQ...
3-28-2021 Newshound Guru Breitling Question: [Since Iraq has devalued the dinar why would they turn around and add value to the dinar so quickly or is the process to add value still a long way off?] Nope, they can do it overnight. Once they start adding value how quickly can they get up to a buck? I don't know that process. They haven't really talked too much about it or exactly what's going to happen. They've always said they want to get to $1.17. Period. End of story.
3-28-2021 Intel Guru RayRen98 Saturday- The Kurdish delegation will arrive this evening in Baghdad , and tomorrow it will hold a meeting with the Presidency of Parliament and heads of political blocs to resolve the points of contention and reach a final agreement to vote on the budget law. The deputy from the Kurdistan Democratic Bloc, Sherwan Al-Dubaradani, stated that the atmosphere is currently positive, especially after the meeting of the Finance Committee and its hosting of the ministers, and that Sunday will be a crucial day for voting on the budget law. Committee member Naji Al-Saeedi said in a televised interview: “There is agreement to pass the budget in the Sunday session, and the Finance Committee continues to work to approve the budget,”
3-28-2021 Intel Guru Footforward [...does anyone know if they passed the budget?] So the rate isn't in the budget. Most of you are aware that I've been saying that for weeks now that it wouldn't be in the budget. Do not be discouraged and do not look to iraq! At all! They do not hold the keys to the timeline. I had stress this very specifically. I said they will not put the rate in the budget because they're not going to make it that obvious and a lot of people are going to be frustrated and are going to sell their dinar.
3-28-2021 Newshound Guru Pimpy Somebody said they're already exchanging in country 1 to 1. You believe that they're exchanging 1 to 1 in county? ...what do you suppose would happen? ...there would be black market stuff galore...people could get rich off of that real quick. Basically what you would do is if you're in country you send a bunch of money, US dollars, over to somebody out of country. Have them buy the dinars out of country - millions of them - sneak it across the border then go exchange it. Does that make sense? Do you think that's what's really going on? ...I told you whenever they make the change it's gonna change for everybody...so no, in country does not have a rate 1 to 1...
3-28-2021 Intel Guru Frank26 ...[Guru] WALKINGSTICK AND I GAVE YOU OUR OPINION TWO WEEKS AGO AND WE CALLED IT PHASE 1, 2 AND 3...CHINA....KUWAIT....AND CERTAINLY COUNTRIES LIKE IRAQ THAT ARE GOING THROUGH A MONETARY REFORM ARE GOING TO PUT OUT MISLEADING INFORMATION. ONLY THE WEAK WOULD FEED OFF OF THIS AND GET SICK...WHAT WE HAVE SHARED WILL COME ABOUT. REGARDLESS IF IT'S PRESENTED IN OUR OPINION ...BE AWARE OF LIES AND RUMORS CONCERNING IRAQ...
3-28-2021 Newshound Guru Breitling Question: [Since Iraq has devalued the dinar why would they turn around and add value to the dinar so quickly or is the process to add value still a long way off?] Nope, they can do it overnight. Once they start adding value how quickly can they get up to a buck? I don't know that process. They haven't really talked too much about it or exactly what's going to happen. They've always said they want to get to $1.17. Period. End of story.
3-27-2021 Intel Guru Frank26 Question [Will the 5 strongest US banks have the system set up to exchange our dinars?] Yes!
3-27-2021 Newshound Guru Jeff Article: "Current Iraqi Dinar Peg Will Continue For Next Four Years" This article is very negative for us because this gentleman works from within Iraq Central Bank and he's saying that the Iraqi dinar value (the peg) will continue and stay in place for the next four years...basically saying the rate's not going to change for the next 4 years...this article IMO was all BS...once we get past April 1st you're going to start seeing a shifting in the news. They're going to phase out and stop talking about the budget and start talking about different subjects. That's a pattern you're going to want to look for...
3-27-2021 Intel Guru Footforward I think some sort of crisis is coming revolving around oil in the middle East and hence that leads to a financial crisis in the middle East which leads to a break in the financial system in the middle East and creates a need to revalue the dinar.
3-27-2021 Newshound Guru Pimpy Is this set in stone? No. Is it possible instead of waiting 4 years they might change the exchange rate before then? Yes. There are other factors out there that can cause them to change it ahead of time...they might be trying to get more people to turn in their dinar because they just give up...I will say this. Before the Kuwait dinar revalued they came out on the news and told people that the rate change wasn't going to happen for a long time. Having said that I don't want you to get your hopes up too high thinking that this was going to happen...don't get overly excited about good news. Don't get overly down about bad news...we just pay attention to what they're doing. [Post 2 of 2]
3-27-2021 Newshound Guru Pimpy Obviously there is some news out there that people are concerned about and losing their mind over... Article: "Current Iraqi dinar peg will continue for next four years" Let me tell you one thing. The last time they said this was in 2014 that they weren't gonna do any rate change for the next five years, guess what? They didn't do a rate change for the next 5 years...Is it possible that they'll actually wait four years? Yeah. Of course it's possible. Seriously, that country is starting over from scratch... [Post 1 of 2....stay tuned]
3-27-2021 Newshound Guru Breitling Question [I heard Iraqi dinar are being exchanged for U.S. notes. Please explain the difference between U.S. notes and U.S. dollars.] There is none. It's just preference on what people call the U.S. dollar. A U.S. note is a U.S. dollar. It's the same thing...Here's the thing - What do you mean by "I heard Iraq dinars are being exchanged for U.S. notes." ...How did you get the dinar you have? What did you use to get it? You used the U.S. dollar. You've always been able to exchange... You used the U.S. dollar to get into the dinar...let me repeat this one more time...You bought your dinars with U.S. dollars so you can already exchange it for dinar. That's it. Very simple.
3-27-2021 Intel Guru Frank26 Bank Story Interview - Dragon Slayer. "I do online banking with Wells Fargo in Lebanon Pennsylvania." What adventures did you have with them today? "I was excited about it, I tell you that. She asked me about what currencies I had because we were talking about the currencies and I told her...she said oh, yes we will exchange those. I said, so you know what I'm talking about? And she goes, yes we know what you're talking about and it's coming..." You were talking about foreign currency, if they exchanged and you mentioned the Iraqi Dinar as one of the currencies you wanted to exchange and they said to you, 'oh, yes. We know it's coming.' "Yep." ...thank you for your desire to share this and I'm also going to tell you you're one of many stories that we're hearing in the last 40 to 72 hours. There have been so many people that have called and told me that Franks banks know and then they tell me the story and that's why I started making recordings...Nobody knows when it's going to happen but what we do know is that it is happening...
3-27-2021 Newshound Guru Pimpy Parliament...they want this rate change restored and they're willing to make life hell for getting the budget passed. Here's what happens - the parliament can't control the rate change. That's the CBI. What parliament could do is refuse to pass the budget unless the rate change is in there. That is possible. Will they get what they want? We're going to see. We got to pay attention. Let's see how influential they are...looks like there's going to be some issues between the government and the CBI versus parliament...we've got a standoff...
3-27-2021 Intel Guru MarkZ [via PDK] [...the government said they are not going to change the rate for at least four years what do you think about that?] I’m not worried…they lowered salaries in Iraq…something is happening…and keep in mind that when China revalued the yuan…3 days before…they came out with a big ad saying it was going to be years before they revalued…same when Kuwait revalued…..don’t let it shake you. They do not want us to know the exact timing…could it still be Saturday? Absolutely!! Could it be right now? Any moment could be the “go” . They have cried “wolf” so many times…everything is fair game in my opinion.
3-27-2021 Guest Intel Guru Coyote [Response to Guru Petra 3-23-2021] Iraq doesn’t follow GAAP...They follow IFRS....GAAP is General Accepted Accounting Standards. It is not a report but volumes of standards and regulations that Is only used in the US. There are over 100 other countries, Iraq being one of those countries that use IFRS which stands for International Financial Reporting Standards. In Iraq, banks cannot use both...Banks must use IFRS as mandated by the CBI...I used to be a financial auditor for the #1 construction company in the world based on ENR who operates both domestically and international. I am now retired...Are IFRS Standards incorporated into law...? Yes for banks Under the Iraq Banking Law (2004)... No for other companies.
3-27-2021 Newshound Guru Jeff Article: "Current Iraqi Dinar Peg Will Continue For Next Four Years" This article is very negative for us because this gentleman works from within Iraq Central Bank and he's saying that the Iraqi dinar value (the peg) will continue and stay in place for the next four years...basically saying the rate's not going to change for the next 4 years...this article IMO was all BS...once we get past April 1st you're going to start seeing a shifting in the news. They're going to phase out and stop talking about the budget and start talking about different subjects. That's a pattern you're going to want to look for...
3-27-2021 Intel Guru Footforward I think some sort of crisis is coming revolving around oil in the middle East and hence that leads to a financial crisis in the middle East which leads to a break in the financial system in the middle East and creates a need to revalue the dinar.
3-27-2021 Newshound Guru Pimpy Is this set in stone? No. Is it possible instead of waiting 4 years they might change the exchange rate before then? Yes. There are other factors out there that can cause them to change it ahead of time...they might be trying to get more people to turn in their dinar because they just give up...I will say this. Before the Kuwait dinar revalued they came out on the news and told people that the rate change wasn't going to happen for a long time. Having said that I don't want you to get your hopes up too high thinking that this was going to happen...don't get overly excited about good news. Don't get overly down about bad news...we just pay attention to what they're doing. [Post 2 of 2]
3-27-2021 Newshound Guru Pimpy Obviously there is some news out there that people are concerned about and losing their mind over... Article: "Current Iraqi dinar peg will continue for next four years" Let me tell you one thing. The last time they said this was in 2014 that they weren't gonna do any rate change for the next five years, guess what? They didn't do a rate change for the next 5 years...Is it possible that they'll actually wait four years? Yeah. Of course it's possible. Seriously, that country is starting over from scratch... [Post 1 of 2....stay tuned]
3-27-2021 Newshound Guru Breitling Question [I heard Iraqi dinar are being exchanged for U.S. notes. Please explain the difference between U.S. notes and U.S. dollars.] There is none. It's just preference on what people call the U.S. dollar. A U.S. note is a U.S. dollar. It's the same thing...Here's the thing - What do you mean by "I heard Iraq dinars are being exchanged for U.S. notes." ...How did you get the dinar you have? What did you use to get it? You used the U.S. dollar. You've always been able to exchange... You used the U.S. dollar to get into the dinar...let me repeat this one more time...You bought your dinars with U.S. dollars so you can already exchange it for dinar. That's it. Very simple.
3-27-2021 Intel Guru Frank26 Bank Story Interview - Dragon Slayer. "I do online banking with Wells Fargo in Lebanon Pennsylvania." What adventures did you have with them today? "I was excited about it, I tell you that. She asked me about what currencies I had because we were talking about the currencies and I told her...she said oh, yes we will exchange those. I said, so you know what I'm talking about? And she goes, yes we know what you're talking about and it's coming..." You were talking about foreign currency, if they exchanged and you mentioned the Iraqi Dinar as one of the currencies you wanted to exchange and they said to you, 'oh, yes. We know it's coming.' "Yep." ...thank you for your desire to share this and I'm also going to tell you you're one of many stories that we're hearing in the last 40 to 72 hours. There have been so many people that have called and told me that Franks banks know and then they tell me the story and that's why I started making recordings...Nobody knows when it's going to happen but what we do know is that it is happening...
3-27-2021 Newshound Guru Pimpy Parliament...they want this rate change restored and they're willing to make life hell for getting the budget passed. Here's what happens - the parliament can't control the rate change. That's the CBI. What parliament could do is refuse to pass the budget unless the rate change is in there. That is possible. Will they get what they want? We're going to see. We got to pay attention. Let's see how influential they are...looks like there's going to be some issues between the government and the CBI versus parliament...we've got a standoff...
3-27-2021 Intel Guru MarkZ [via PDK] [...the government said they are not going to change the rate for at least four years what do you think about that?] I’m not worried…they lowered salaries in Iraq…something is happening…and keep in mind that when China revalued the yuan…3 days before…they came out with a big ad saying it was going to be years before they revalued…same when Kuwait revalued…..don’t let it shake you. They do not want us to know the exact timing…could it still be Saturday? Absolutely!! Could it be right now? Any moment could be the “go” . They have cried “wolf” so many times…everything is fair game in my opinion.
3-27-2021 Guest Intel Guru Coyote [Response to Guru Petra 3-23-2021] Iraq doesn’t follow GAAP...They follow IFRS....GAAP is General Accepted Accounting Standards. It is not a report but volumes of standards and regulations that Is only used in the US. There are over 100 other countries, Iraq being one of those countries that use IFRS which stands for International Financial Reporting Standards. In Iraq, banks cannot use both...Banks must use IFRS as mandated by the CBI...I used to be a financial auditor for the #1 construction company in the world based on ENR who operates both domestically and international. I am now retired...Are IFRS Standards incorporated into law...? Yes for banks Under the Iraq Banking Law (2004)... No for other companies.
3-26-2021 Newshound Guru Jeff The budget - because of what's in it Article 140, HCL oil and gas law those items make the budget married to the rate change. When you see Iraq kicking the budget can down the road they're simply tell you at this time they're not ready to change the rate...there's a big event they're working on right now...they need more time. They've got some things to work out in the back end...
3-26-2021 Intel Guru Frank26 Question [IYO if I have 6 million Iraqi dinar can I exchange 2 million at 1 to 1 rate and then exchange the rest when the rate goes up? Or do I have to exchange all of it at the same time?] It's your prerogative. It's your choice to exchange however amount you want at whatever time you want. Obviously, in the beginning whatever rate they give you is a "sucker rate". 1 to 1 everybody you can think of is going to go in. I'm going to go in. But the key is how much do you want to exchange? ...I'm going to cash out just as much as what I need to get by and I'm going to hold onto the rest...get yourself a financial advisor...
3-26-2021 Newshound Guru Breitling Question: [If Iraq does nothing to increase the dinar in this year's budget do we have to wait another year?] No and it has nothing to do with their budget. This is where people have problems. They think they have to put something in the budget somewhere otherwise the value is never going to come out...No...The budget is what they owe and based on what they can pay back they don't need that to add value to their currency. Let's say they come up with the budget and the next day it revalues and that completely changes the budget - No it doesn't. It changes the decimal. That's all it changes. They just move the decimal over...They don't need the budget to come out in order for them to add value to their currency.
3-26-2021 Newshound Guru Jeff Article: "Parliamentary Finance resolves the controversy: There is no request to reduce the exchange rate" This article is telling you they want to keep the rate exactly where it's at at the request of the central bank. It's also suggested they have no intentions of bringing a 12-month budget forward.
3-26-2021 Intel Guru MarkZ [via PDK] Still a lot of chatter from Iraq…they do not have a 1 to 1 rate yet…we will find out if they move forward this weekend…the budget vote was scheduled for 1 pm their time tomorrow...We need to manage our expectations…but it appears we are here …I am excited but don’t want us all to get to high and then crash again…manage our expectations.
3-26-2021 Newshound Guru Pimpy What happens if they do change it to the $3.22 rate? What do you mean what happens? There's a whole lot of us would be high-fiving, doing the pee-pee dance. Think about what bills we want to pay. This would be some life-changing stuff...A lot of money would be dumped into cryptocurrencies, gold and silver. That's what would happen. I'd rather error on the side of caution. I'm thinking they're going to move from 1450 for every dollar back to where it was 1190. Could I be wrong? Yeah. Maybe I'm wrong. Maybe it could be the $3.22. I would not jump this shark that far. Just stay grounded...
3-26-2021 Newshound Guru Jeff This year you will not see a 12-month annual budget drafted or brought forward from Iraq. Because Iraq is not doing a budget they will not be changing the rate at this current fiscal period we're at now - around April 1st. There's not going to be any rate changes because of what they're working on right now... 1460 that's where it's going to stay.
3-26-2021 Intel Guru Frank26 Question: [How many months will we have to exchange our dinar before our dinar is null and void?] The amount of time will be determined by the CBI. Once phase 1 starts at 1 to 1 in country then the citizens of Iraq will be told you have this much time to turn in the 3-zero notes...we don't know how long yet. But they will tell you how long. IMO whatever they establish in-country will reflect out-country...
3-26-2021 Intel Guru MarkZ [via PDK] [Can you quickly explain how the RV will affect Vietnam, Iraq etc. If whole population exchanges they would all be rich? Who works then?] in the local markets they will see an increase in value. Their standard of living is lower then ours because their currency is depressed. Also the values there will be a lower level then what you and I will exchange at. Then it will come up to a “street level”…they will definitely get relief and will be able to afford better things.
3-26-2021 Newshound Guru Kaperoni They were many conflicting articles last December when the Central Bank of Iraq devalued the currency to 1460 to $1. It turns out they actually floated the currency for a short period of time... Article quote: "Under this pressure, and pressure from international institutions, the Iraqi authorities last December, a partial float of the currency, by reducing the price of the dinar to 1460 against the dollar..."
3-26-2021 Intel Guru Frank26 Question [IYO if I have 6 million Iraqi dinar can I exchange 2 million at 1 to 1 rate and then exchange the rest when the rate goes up? Or do I have to exchange all of it at the same time?] It's your prerogative. It's your choice to exchange however amount you want at whatever time you want. Obviously, in the beginning whatever rate they give you is a "sucker rate". 1 to 1 everybody you can think of is going to go in. I'm going to go in. But the key is how much do you want to exchange? ...I'm going to cash out just as much as what I need to get by and I'm going to hold onto the rest...get yourself a financial advisor...
3-26-2021 Newshound Guru Breitling Question: [If Iraq does nothing to increase the dinar in this year's budget do we have to wait another year?] No and it has nothing to do with their budget. This is where people have problems. They think they have to put something in the budget somewhere otherwise the value is never going to come out...No...The budget is what they owe and based on what they can pay back they don't need that to add value to their currency. Let's say they come up with the budget and the next day it revalues and that completely changes the budget - No it doesn't. It changes the decimal. That's all it changes. They just move the decimal over...They don't need the budget to come out in order for them to add value to their currency.
3-26-2021 Newshound Guru Jeff Article: "Parliamentary Finance resolves the controversy: There is no request to reduce the exchange rate" This article is telling you they want to keep the rate exactly where it's at at the request of the central bank. It's also suggested they have no intentions of bringing a 12-month budget forward.
3-26-2021 Intel Guru MarkZ [via PDK] Still a lot of chatter from Iraq…they do not have a 1 to 1 rate yet…we will find out if they move forward this weekend…the budget vote was scheduled for 1 pm their time tomorrow...We need to manage our expectations…but it appears we are here …I am excited but don’t want us all to get to high and then crash again…manage our expectations.
3-26-2021 Newshound Guru Pimpy What happens if they do change it to the $3.22 rate? What do you mean what happens? There's a whole lot of us would be high-fiving, doing the pee-pee dance. Think about what bills we want to pay. This would be some life-changing stuff...A lot of money would be dumped into cryptocurrencies, gold and silver. That's what would happen. I'd rather error on the side of caution. I'm thinking they're going to move from 1450 for every dollar back to where it was 1190. Could I be wrong? Yeah. Maybe I'm wrong. Maybe it could be the $3.22. I would not jump this shark that far. Just stay grounded...
3-26-2021 Newshound Guru Jeff This year you will not see a 12-month annual budget drafted or brought forward from Iraq. Because Iraq is not doing a budget they will not be changing the rate at this current fiscal period we're at now - around April 1st. There's not going to be any rate changes because of what they're working on right now... 1460 that's where it's going to stay.
3-26-2021 Intel Guru Frank26 Question: [How many months will we have to exchange our dinar before our dinar is null and void?] The amount of time will be determined by the CBI. Once phase 1 starts at 1 to 1 in country then the citizens of Iraq will be told you have this much time to turn in the 3-zero notes...we don't know how long yet. But they will tell you how long. IMO whatever they establish in-country will reflect out-country...
3-26-2021 Intel Guru MarkZ [via PDK] [Can you quickly explain how the RV will affect Vietnam, Iraq etc. If whole population exchanges they would all be rich? Who works then?] in the local markets they will see an increase in value. Their standard of living is lower then ours because their currency is depressed. Also the values there will be a lower level then what you and I will exchange at. Then it will come up to a “street level”…they will definitely get relief and will be able to afford better things.
3-26-2021 Newshound Guru Kaperoni They were many conflicting articles last December when the Central Bank of Iraq devalued the currency to 1460 to $1. It turns out they actually floated the currency for a short period of time... Article quote: "Under this pressure, and pressure from international institutions, the Iraqi authorities last December, a partial float of the currency, by reducing the price of the dinar to 1460 against the dollar..."
3-25-2021 Intel Guru Bruce [via WiserNow] I just learned this this afternoon...You know forever that we’ve been talking about both emails and toll free numbers - right? Well the emails are coming out from a secure website a secure link website – and the theory is and this is how it should happen - that you can respond back and set up your appointment through a return email that you get that you are able to create through the SecureLink website...so you can respond back or go to the SecureLink website which ever it is...and essentially create the time based on the perimeters that they give you for available times etc etc - ok – some of this stuff is new and I don’t really know exactly how it’s going to work but it will be something that we can do...In addition...I should get the 800 numbers and be able to put those out...to have them available...
3-25-2021 Intel Guru MarkZ [via PDK] [...Iraqi people are changing 1 to 1 the DINAR for US dollars within Iraq only. IS THIS TRUE?] No it is not true. I have spoken to people in Iraq…boots on the ground from Fallujah, to Bagdad to all over the country… I have a business contact from Australia there and he is very clear that this is not occurring yet…are they expecting it soon? Has physical cash dinar started trading a little higher in the market place there unofficially to try to start aggregating it there…. Yes …but there is no 1 to 1 rate there yet.
3-25-2021 Newshound Guru Pimpy Article: "We will oblige the government to restore the exchange rate of the dollar to what it was previously" What do they mean "previously"? Did they mean previously to the $3.22 rate? There's a lot of that chatter going on - Or to the one I was talking about which is 1190 dinars...my opinion it would be back to where it was before which is one dollar for every 1190 dinars. That's just my opinion. Could they be talking about the rate that it used to be at $3.22? People are trying to figure out what this means...
3-25-2021 Intel Guru Frank26 No body knows when this is going to happen. It looks like it's here doesn't it? I will admit this is the closest I've ever seen it...the new small category notes IMO are coming out very soon at a 1 to 1 rate...didn't I say to you you'd see a plethora, a mountain, a pile, a cornucopia of nothing but articles about the exchange rate of the Iraqi dinar against the American dollar...
3-25-2021 Intel Guru MarkZ [via PDK] ...everything seems to be on track for Saturday when Iraq votes at 1 pm their time...We expected it last Saturday…they moved the date…i think 2 weeks is the worst case scenario so we can manage our expectations…it’s a “when” not an “if”…
3-25-2021 Intel Guru Bruce [via WiserNow] ...we know...in Iraq – this has been several days ago now – that the dinar was at $1.00 in comparison to the USN dollar...it was on par – same value...in country...You remember when Dr Shabibi said the dinar could support – and that is still where we roughly where we believe we are going to be – on the dinar here – for a while – and then when we are done with our exchanges at the redemption centers and tier 1 banks that’s when the rates will revert back to a so called normal trading rate – same thing will be true for the dong – and other currencies at some point we will be on par against a level playing field with many many countries...
3-25-2021 Newshound Guru Jeff Article: "Legal expert: Parliament legislation is not binding on the central bank" Parliament cannot do anything with the exchange rate. Decisions on the exchange rate can only be made and decided by the central bank...
3-25-2021 Newshound/Intel Guru Mnt Goat Many of the MPs say they will now boycott the voting process and not vote on approving the 2021 budget except in the case of returning the previous dollar exchange rate to 1200. So as time passes and oil rises, they are making this a contentious issue. So again, I am telling you that because oil is rising and the CBI is still keeping the rate at about 1450 tells us there is much more to the devaluation of the dinar that meets the eye. It is now obvious that it is not all just about balancing the budget and paying off debt...It was also about collecting the larger notes out of circulation in preparation for the deleting the zeros project. This project will mean a revaluation of the dinar to significant levels that we as investors want.
3-25-2021 Intel Guru MarkZ [via PDK] [...Iraqi people are changing 1 to 1 the DINAR for US dollars within Iraq only. IS THIS TRUE?] No it is not true. I have spoken to people in Iraq…boots on the ground from Fallujah, to Bagdad to all over the country… I have a business contact from Australia there and he is very clear that this is not occurring yet…are they expecting it soon? Has physical cash dinar started trading a little higher in the market place there unofficially to try to start aggregating it there…. Yes …but there is no 1 to 1 rate there yet.
3-25-2021 Newshound Guru Pimpy Article: "We will oblige the government to restore the exchange rate of the dollar to what it was previously" What do they mean "previously"? Did they mean previously to the $3.22 rate? There's a lot of that chatter going on - Or to the one I was talking about which is 1190 dinars...my opinion it would be back to where it was before which is one dollar for every 1190 dinars. That's just my opinion. Could they be talking about the rate that it used to be at $3.22? People are trying to figure out what this means...
3-25-2021 Intel Guru Frank26 No body knows when this is going to happen. It looks like it's here doesn't it? I will admit this is the closest I've ever seen it...the new small category notes IMO are coming out very soon at a 1 to 1 rate...didn't I say to you you'd see a plethora, a mountain, a pile, a cornucopia of nothing but articles about the exchange rate of the Iraqi dinar against the American dollar...
3-25-2021 Intel Guru MarkZ [via PDK] ...everything seems to be on track for Saturday when Iraq votes at 1 pm their time...We expected it last Saturday…they moved the date…i think 2 weeks is the worst case scenario so we can manage our expectations…it’s a “when” not an “if”…
3-25-2021 Intel Guru Bruce [via WiserNow] ...we know...in Iraq – this has been several days ago now – that the dinar was at $1.00 in comparison to the USN dollar...it was on par – same value...in country...You remember when Dr Shabibi said the dinar could support – and that is still where we roughly where we believe we are going to be – on the dinar here – for a while – and then when we are done with our exchanges at the redemption centers and tier 1 banks that’s when the rates will revert back to a so called normal trading rate – same thing will be true for the dong – and other currencies at some point we will be on par against a level playing field with many many countries...
3-25-2021 Newshound Guru Jeff Article: "Legal expert: Parliament legislation is not binding on the central bank" Parliament cannot do anything with the exchange rate. Decisions on the exchange rate can only be made and decided by the central bank...
3-25-2021 Newshound/Intel Guru Mnt Goat Many of the MPs say they will now boycott the voting process and not vote on approving the 2021 budget except in the case of returning the previous dollar exchange rate to 1200. So as time passes and oil rises, they are making this a contentious issue. So again, I am telling you that because oil is rising and the CBI is still keeping the rate at about 1450 tells us there is much more to the devaluation of the dinar that meets the eye. It is now obvious that it is not all just about balancing the budget and paying off debt...It was also about collecting the larger notes out of circulation in preparation for the deleting the zeros project. This project will mean a revaluation of the dinar to significant levels that we as investors want.
3-24-2021 *** Dinar Guru New Update *** The dinar is once again in compiance with the IMF's 2% rule. The Central Bank of Iraq's official dinar rate and their reported market rate are within 2%. Several gurus feel the dinar must be in compliance inorder to be considered for Article VIII. They feel once the dinar and CBI are Article VIII this will give banks around the world the green light to begin dealing in dinar again. The CBI nor the IMF have announced the dinar is compliant or Article VIII as of yet. Stay tuned as the gurus chime in on the CBI's accomplishment. The latest guru posts will continue below...
3-24-2021 Intel Guru MarkZ [via PDK] [Do you think we will go earlier then Saturday and the Iraq budget announcement?] Very possible…we have some very key people being moved into place for tomorrow…I spoke to 4 contacts at the Dept of defense…and they are trying to aggregate “oil for dinar” for dinar. So it is getting fun guys.
3-24-2021 Newshound Guru Breitling Where does my math come from? My math comes from calculating on their debt plus 4% GDP growth. In other words they get rid of their debt and they have enough money to get their economy running and encourage a 4% in GDP growth. That's where I get around a 56 cents range...Iraq says 1 to 1. I say it's going to be a slow growth from around .56 cents on up. That's just my opinion. That's just based on the math...It's not going to do them any good coming in at .10 cents and if they do it won't be for very long. They need to go higher...
3-24-2021 Newshound Guru Pimpy I know you guys hearing all kinds of rumors out there that in country they're already exchanging at 1 to 1. That's not true. There's no evidence of that whatsoever...
3-24-2021 Intel Guru Bruce [via WiserNow] What is very interesting is the redemption center staff are going in very early in the morning on Thursday morning at 7:15 – is that early enough for you? To be ready to go to do business at their desks at 7:30 am...So that tells me that we should get...the optimum word – “should”...should be receiving our notifications tomorrow [Wednesday] and setting our appointments for Thursday – and beyond... the good news is that we believe based on 4 separate verifications of timing...4 separate banking institutions that the window that has been put out there for us we are right in the middle of right now...we could get notified with these emails at any time...Without going into it - the fact is there is...an agreement in this that we haven’t had quite at this level in this acute time period as we have right now...
3-24-2021 Intel Guru Frank26 Article: "The Central Bank adds a new feature to the Iraqi banknotes" Quote: "the Central Bank of Iraq announced on Monday, that it has added a feature to protect banknotes from bacteria and viruses to the national currency" If you go to the CBI website you will be able to see when they last printed currency. It was in 2018. It's the 250's the 500's that they are going to be including with the new small category notes...the coronavirus came out in 2020 but...they haven't printed any new currency since 2018...something doesn't sound right...this is a marketing ploy...bring me your infected 3-zero notes...says the CBI...We want to protect you...I will give you brand new small category notes with a new value to it against the American dollar...We believe this is a propaganda ploy to bring in as many zeros as possible. I'm impressed with this tactic...
3-24-2021 Intel Guru MarkZ [via PDK] The Iraqi budget vote is still slated for Saturday at 1 pm Iraq time…which we are told should give us our new value. On April first most of their government has agreed to a 40-60% decrease in pay of the number of dinar they will get…So it will have to have a higher value to justify this…it doesn’t make sense…it doesn’t jive…they have to many responsibilities that will require that higher value...i don’t believe they can kick that can any further. We will see.
3-24-2021 Newshound Guru Jeff This weekend nor the month of April Iraq isn't going to do anything with the budget. They can't. Iraq's not going to do anything with the exchange rate because it's the Central Bank that calls the shots. They're the ones that are in charge of the monetary system. They're autonomous from the government. They're not going to adjust the rate at this time. The rate is going to remain where it's going to stay because the central bank is using it as a tool to remove 3 zero notes out of circulation up until the point the rate changes.
3-24-2021 Newshound/Intel Guru Mnt Goat What are the CBI plans? As I promised I would I contact my source in the Central Bank of Iraq (CBI) this past weekend. Today I wanted to come on and tell you want I learned. Remember we needed to validate all the intel rumors that Iraq has already gone to 1:1, IQD: USD. The result of my long conversation with the CBI is that “NO” it had not revalued to this extent, but there is a plan underway to do it by the end of the year (2021)...
3-24-2021 Newshound Guru Breitling Where does my math come from? My math comes from calculating on their debt plus 4% GDP growth. In other words they get rid of their debt and they have enough money to get their economy running and encourage a 4% in GDP growth. That's where I get around a 56 cents range...Iraq says 1 to 1. I say it's going to be a slow growth from around .56 cents on up. That's just my opinion. That's just based on the math...It's not going to do them any good coming in at .10 cents and if they do it won't be for very long. They need to go higher...
3-24-2021 Newshound Guru Pimpy I know you guys hearing all kinds of rumors out there that in country they're already exchanging at 1 to 1. That's not true. There's no evidence of that whatsoever...
3-24-2021 Intel Guru Bruce [via WiserNow] What is very interesting is the redemption center staff are going in very early in the morning on Thursday morning at 7:15 – is that early enough for you? To be ready to go to do business at their desks at 7:30 am...So that tells me that we should get...the optimum word – “should”...should be receiving our notifications tomorrow [Wednesday] and setting our appointments for Thursday – and beyond... the good news is that we believe based on 4 separate verifications of timing...4 separate banking institutions that the window that has been put out there for us we are right in the middle of right now...we could get notified with these emails at any time...Without going into it - the fact is there is...an agreement in this that we haven’t had quite at this level in this acute time period as we have right now...
3-24-2021 Intel Guru Frank26 Article: "The Central Bank adds a new feature to the Iraqi banknotes" Quote: "the Central Bank of Iraq announced on Monday, that it has added a feature to protect banknotes from bacteria and viruses to the national currency" If you go to the CBI website you will be able to see when they last printed currency. It was in 2018. It's the 250's the 500's that they are going to be including with the new small category notes...the coronavirus came out in 2020 but...they haven't printed any new currency since 2018...something doesn't sound right...this is a marketing ploy...bring me your infected 3-zero notes...says the CBI...We want to protect you...I will give you brand new small category notes with a new value to it against the American dollar...We believe this is a propaganda ploy to bring in as many zeros as possible. I'm impressed with this tactic...
3-24-2021 Intel Guru MarkZ [via PDK] The Iraqi budget vote is still slated for Saturday at 1 pm Iraq time…which we are told should give us our new value. On April first most of their government has agreed to a 40-60% decrease in pay of the number of dinar they will get…So it will have to have a higher value to justify this…it doesn’t make sense…it doesn’t jive…they have to many responsibilities that will require that higher value...i don’t believe they can kick that can any further. We will see.
3-24-2021 Newshound Guru Jeff This weekend nor the month of April Iraq isn't going to do anything with the budget. They can't. Iraq's not going to do anything with the exchange rate because it's the Central Bank that calls the shots. They're the ones that are in charge of the monetary system. They're autonomous from the government. They're not going to adjust the rate at this time. The rate is going to remain where it's going to stay because the central bank is using it as a tool to remove 3 zero notes out of circulation up until the point the rate changes.
3-24-2021 Newshound/Intel Guru Mnt Goat What are the CBI plans? As I promised I would I contact my source in the Central Bank of Iraq (CBI) this past weekend. Today I wanted to come on and tell you want I learned. Remember we needed to validate all the intel rumors that Iraq has already gone to 1:1, IQD: USD. The result of my long conversation with the CBI is that “NO” it had not revalued to this extent, but there is a plan underway to do it by the end of the year (2021)...
3-23-2021 Intel Guru MarkZ [via PDK] [Iraq is supposed to vote on Saturday on the budget.] Yes they are expecting it on Saturday…1 pm their time. We are hoping at that time to hear about a value change.
3-23-2021 Newshound/Intel Guru Petra [via Frank26] The G.A.P...this is a report the CBI will hand in to the IMF, BIS and the World Bank...it's a report given to them to explain all that they are doing under a new exchange rate...it [GAP report] is to be turned in by 3-31-21 in order for it to be retroactive back to January the 1st...it is their goal to introduce a 1 to 1 rate...
3-23-2021 Intel Guru MarkZ [via PDK] [I hear Iraq already revalued their currency at 1 to 1…what does this mean?] it means someone has bad information…they have not yet revalued their currency. If you talk to anybody on the street in their country and they will tell you no…not yet…. Everyday I make it a point to contact someone in Iraq…and ask that. Are they prepared and positioned to do so? Yes. Could they be running 2 sets of books for government reasons and for street reasons until the release? Yes…they absolutely could.
3-23-2021 Intel Guru MarkZ [via PDK] We still hear good things out of Iraq…They are still expecting that vote on the 27th. Could it be sooner? Absolutely…it could be a head fake to make us think its Saturday and then drop it early. I have had a few friends who are whales and they were contacted yesterday and are getting into position for exchanges...It would be even more exciting if I could tell you who asked them to move… but I can’t…I am not allowed to share. But it is exciting.
3-23-2021 Intel Guru Frank26 I made it very plain and simple...you're now going to see articles talking about the exchange rate of the Iraqi dinar. There's so many of them. Since we told you that 2 weeks ago you've got about 60 articles...
3-23-2021 Intel Guru Footforward [According to Al-Eqtisad News, the Central Bank of Iraq announced, today, that it has added a feature to protect the new banknotes from bacteria and viruses, including the Corona virus, so they will need to bring in all of their old money to exchange it for the new bills to help get rid of the corona virus in their country...] ...it is a ploy. It's not bad for us. It just means they're trying to get more of their triple zero notes off the streets.
3-23-2021 Newshound/Intel Guru Petra [via Frank26] The G.A.P...this is a report the CBI will hand in to the IMF, BIS and the World Bank...it's a report given to them to explain all that they are doing under a new exchange rate...it [GAP report] is to be turned in by 3-31-21 in order for it to be retroactive back to January the 1st...it is their goal to introduce a 1 to 1 rate...
3-23-2021 Intel Guru MarkZ [via PDK] [I hear Iraq already revalued their currency at 1 to 1…what does this mean?] it means someone has bad information…they have not yet revalued their currency. If you talk to anybody on the street in their country and they will tell you no…not yet…. Everyday I make it a point to contact someone in Iraq…and ask that. Are they prepared and positioned to do so? Yes. Could they be running 2 sets of books for government reasons and for street reasons until the release? Yes…they absolutely could.
3-23-2021 Intel Guru MarkZ [via PDK] We still hear good things out of Iraq…They are still expecting that vote on the 27th. Could it be sooner? Absolutely…it could be a head fake to make us think its Saturday and then drop it early. I have had a few friends who are whales and they were contacted yesterday and are getting into position for exchanges...It would be even more exciting if I could tell you who asked them to move… but I can’t…I am not allowed to share. But it is exciting.
3-23-2021 Intel Guru Frank26 I made it very plain and simple...you're now going to see articles talking about the exchange rate of the Iraqi dinar. There's so many of them. Since we told you that 2 weeks ago you've got about 60 articles...
3-23-2021 Intel Guru Footforward [According to Al-Eqtisad News, the Central Bank of Iraq announced, today, that it has added a feature to protect the new banknotes from bacteria and viruses, including the Corona virus, so they will need to bring in all of their old money to exchange it for the new bills to help get rid of the corona virus in their country...] ...it is a ploy. It's not bad for us. It just means they're trying to get more of their triple zero notes off the streets.
3-22-2021 Intel Guru Footforward ...several you...contacted me over the weekend asking whether or not the RV was happening on sunday. I had said no. The RV will never happen on a Sunday. There are many reasons for this. So just something to keep in mind going forward. Also there is no such thing as an "in country RV". And yes I'm sure on both counts.
3-22-2021 Newshound Guru Jeff Article: "Kurdish Parliament: A new round of talks for the Kurdish delegation in Baghdad next week" For the rate change to even happen, at a minimum, Kurdistan and Baghdad have to reach full an agreements on the budget.
3-22-2021 Intel Guru MarkZ [via PDK] Number 2 is the delay was to throw timing off so that people are not expecting anything until the 27th…and they will pull the trigger sooner... I hope this one is accurate. I hope this date is a “head fake” and we go sooner. Number 3- I heard that the nefarious US Treasury got in the way. But, I am told this is utter BS from a number of great sources…so I don’t give this one any credence. We are so close…but, don’t believe me…study history…do some research and you will see just how close the Iraqis are. I really hope this is BOOM week! [post 3 of 3]
3-22-2021 Intel Guru MarkZ [via PDK] Number 1 is from an Interpol source saying they are taking this last “hoo-ra” to clean up some last minute stuff because they were prepared to go with that budget vote…they had positioned money and they caught some very nefarious people trying to move large amounts of physical dinar…This gave them an opportunity for one last clean up…and they fully expect things to go on the 27th… [post 2 of 3....stay tuned]
3-22-2021 Intel Guru MarkZ [via PDK] [Iraq Kicking the can?] First- they are not trading 1 to 1 in the Iraqi streets…anyone with active military contacts in Iraq can simply reach out and ask them. Are they preparing? Absolutely. We had expected the budget to pass this weekend…it did not…they shelved the final vote until Mar 27 at 1 pm their time. There was huge progress made…I am hearing a couple different reasons why that vote was delayed until the 27th… [post 1 of 3....stay tuned]
3-22-2021 Guest Guru Sheila Article: "Al-Saffar: Political disputes have delayed approving the budget" My opinion is the budget is done - everything is done. All these articles are just theater... pushing for time until they get the "good to go".
3-22-2021 Newshound Guru Pimpy There is a political block...that is refusing to vote. They're boycotting unless the rate change is in there [The 2021 budget]. But what they're demanding is it be restored to...1190 for one dollar. Some people thought that meant they would go back to the old rate. I would love it if they did that. Could they still do that? Yes. They might. But there is no indication that they will. Would they announce it? No. When Kuwait did their switch...in the news they told everybody that it wasn't gonna happen for a while, then they turned around they did it the next day or the day after. Anything is possible but first and foremost we definitely got to make sure...what's going on in Erbil/Baghdad get their things ironed out so we can get this budget passed...now they're postponing the vote for one week...
3-22-2021 Newshound Guru Jeff Article: "Kurdish Parliament: A new round of talks for the Kurdish delegation in Baghdad next week" For the rate change to even happen, at a minimum, Kurdistan and Baghdad have to reach full an agreements on the budget.
3-22-2021 Intel Guru MarkZ [via PDK] Number 2 is the delay was to throw timing off so that people are not expecting anything until the 27th…and they will pull the trigger sooner... I hope this one is accurate. I hope this date is a “head fake” and we go sooner. Number 3- I heard that the nefarious US Treasury got in the way. But, I am told this is utter BS from a number of great sources…so I don’t give this one any credence. We are so close…but, don’t believe me…study history…do some research and you will see just how close the Iraqis are. I really hope this is BOOM week! [post 3 of 3]
3-22-2021 Intel Guru MarkZ [via PDK] Number 1 is from an Interpol source saying they are taking this last “hoo-ra” to clean up some last minute stuff because they were prepared to go with that budget vote…they had positioned money and they caught some very nefarious people trying to move large amounts of physical dinar…This gave them an opportunity for one last clean up…and they fully expect things to go on the 27th… [post 2 of 3....stay tuned]
3-22-2021 Intel Guru MarkZ [via PDK] [Iraq Kicking the can?] First- they are not trading 1 to 1 in the Iraqi streets…anyone with active military contacts in Iraq can simply reach out and ask them. Are they preparing? Absolutely. We had expected the budget to pass this weekend…it did not…they shelved the final vote until Mar 27 at 1 pm their time. There was huge progress made…I am hearing a couple different reasons why that vote was delayed until the 27th… [post 1 of 3....stay tuned]
3-22-2021 Guest Guru Sheila Article: "Al-Saffar: Political disputes have delayed approving the budget" My opinion is the budget is done - everything is done. All these articles are just theater... pushing for time until they get the "good to go".
3-22-2021 Newshound Guru Pimpy There is a political block...that is refusing to vote. They're boycotting unless the rate change is in there [The 2021 budget]. But what they're demanding is it be restored to...1190 for one dollar. Some people thought that meant they would go back to the old rate. I would love it if they did that. Could they still do that? Yes. They might. But there is no indication that they will. Would they announce it? No. When Kuwait did their switch...in the news they told everybody that it wasn't gonna happen for a while, then they turned around they did it the next day or the day after. Anything is possible but first and foremost we definitely got to make sure...what's going on in Erbil/Baghdad get their things ironed out so we can get this budget passed...now they're postponing the vote for one week...
3-21-2021 Intel Guru MarkZ [via PDK] ...I am told we will have 10 days to set our appointments and 30 days to exchange...
3-21-2021 Newshound Guru Jeff There's conflicting news...you have some articles telling you that everything's kosher between Kurdistan and Baghdad and that they can resolve their differences and complete the budget next Sunday. Then you had another article telling you no no wait a second this political block says nope that until that exchange rate gets increased they're not going to be able to approve the budget...my gut is telling me...they're not going to change the rate at this time. There will be no budget approval...
3-21-2021 Newshound Guru Adam Montana The Budget was completed some time ago, and Baghdad and the Kurds were even in agreement on the original Budget that was preliminarily approved... the fact that there are now disputes, that are tied to the oil and gas law, tells us very clearly that they are not arguing over a few dinars... they are arguing over a LOT of dinars, which is also dollars. My friends, we are closing in on a spectacular finish! I'm looking forward to it. I know many of you are, as well. Hang tight! This might get bumpy before it's over, but OH BOY will it be worth it!!! GO RRRVVVV!!$!$!$!$!! [post 2 of 2]
3-21-2021 Newshound Guru Adam Montana I' m going to run through this one pretty quick, because it's very simple to explain. That's a good thing. Simple = easy to conclude, which also translates loosely to "soon"! OIL is slightly lower than in my last update [61.42], but it's still in the "good" range. Anything in the $60s is great, as far as I'm concerned! More importantly, however, is all the HCL talk...I can confirm this is true: Iraq is dealing with the HCL as we speak, and I think it's going to get done this time. Article quote: "It is noteworthy that the Oil Ministry’s sudden announcement of the draft oil and gas law coincides with marathon negotiations between Baghdad and the Kurdistan region regarding the latter’s share in the 2021 budget and the mechanism for managing his oil file." [post 1 of 2....stay tuned]
3-21-2021 Newshound Guru Pimpy I do expect they'll go back sooner or later to that fiscal period from the beginning of April all the way through March. Could it be this time around? Maybe. That's why they're stalling? Could be. But where are we? March 20th. There's 31 days in this month. If they're going to try to make that deadline they have got to get this over and done with ASAP...Can they retro? Of course they can. Is the rate change going to be in there [the 2021 budget]? There is a political block right now that is refusing to vote. They're boycotting unless the rate change is in there. But what they're demanding is it be restored to where it just was...1190 dinar per one dollar.
3-21-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] The [Saturday] meetings are concluded...next week they will add more meetings for the next phase.
3-21-2021 Newshound Guru Jeff Back in 1973 the value of the dinar against the dollar was $3.37...Iraq is the wealthiest country in the world...Iraq's worth more money than Kuwait...[The reason] Kuwait has the highest value currency in the world is when they changed their rate they unpegged their currency from the US dollar and re-pegged to the highest valued currency assortment basket...it's called the KUNA basket...the value of their currency against the US dollar is approximately $3.28. Iraq has more minerals in their soil. They've got gold, lithium, diamonds, natural gas. They're the wealthiest country in the world. There's a very good chance that when the rate changes Iraq could...do what Kuwait did and unpeg from the US dollar and peg to that same currency assortment basket called the KUNA the highest valued basket in the world...
3-21-2021 Newshound Guru Pimpy This is March 20th. Today was supposed to be the big day. What did these other youtubers say? 'Boom! Before you know it the budget was going to change. We would get the big rate change and we'd be skipping our way to the bank'...This is why I tell you don't get overly excited about good news, don't get overly down on bad news...I hear this all time and then I become the boogeyman. Why? Because I'm saying read...whether it's 'contract rates'...redemption centers... humanitarian projects...ridiculous 800 numbers. To me all those things sound like scams. They want you to send your dinar to that location. Where's your security? ...we all want the same thing...we want the RV to happen but there are other indicators out that we can watch for...slow down. Hang tight...
3-21-2021 Newshound Guru Jeff There's conflicting news...you have some articles telling you that everything's kosher between Kurdistan and Baghdad and that they can resolve their differences and complete the budget next Sunday. Then you had another article telling you no no wait a second this political block says nope that until that exchange rate gets increased they're not going to be able to approve the budget...my gut is telling me...they're not going to change the rate at this time. There will be no budget approval...
3-21-2021 Newshound Guru Adam Montana The Budget was completed some time ago, and Baghdad and the Kurds were even in agreement on the original Budget that was preliminarily approved... the fact that there are now disputes, that are tied to the oil and gas law, tells us very clearly that they are not arguing over a few dinars... they are arguing over a LOT of dinars, which is also dollars. My friends, we are closing in on a spectacular finish! I'm looking forward to it. I know many of you are, as well. Hang tight! This might get bumpy before it's over, but OH BOY will it be worth it!!! GO RRRVVVV!!$!$!$!$!! [post 2 of 2]
3-21-2021 Newshound Guru Adam Montana I' m going to run through this one pretty quick, because it's very simple to explain. That's a good thing. Simple = easy to conclude, which also translates loosely to "soon"! OIL is slightly lower than in my last update [61.42], but it's still in the "good" range. Anything in the $60s is great, as far as I'm concerned! More importantly, however, is all the HCL talk...I can confirm this is true: Iraq is dealing with the HCL as we speak, and I think it's going to get done this time. Article quote: "It is noteworthy that the Oil Ministry’s sudden announcement of the draft oil and gas law coincides with marathon negotiations between Baghdad and the Kurdistan region regarding the latter’s share in the 2021 budget and the mechanism for managing his oil file." [post 1 of 2....stay tuned]
3-21-2021 Newshound Guru Pimpy I do expect they'll go back sooner or later to that fiscal period from the beginning of April all the way through March. Could it be this time around? Maybe. That's why they're stalling? Could be. But where are we? March 20th. There's 31 days in this month. If they're going to try to make that deadline they have got to get this over and done with ASAP...Can they retro? Of course they can. Is the rate change going to be in there [the 2021 budget]? There is a political block right now that is refusing to vote. They're boycotting unless the rate change is in there. But what they're demanding is it be restored to where it just was...1190 dinar per one dollar.
3-21-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] The [Saturday] meetings are concluded...next week they will add more meetings for the next phase.
3-21-2021 Newshound Guru Jeff Back in 1973 the value of the dinar against the dollar was $3.37...Iraq is the wealthiest country in the world...Iraq's worth more money than Kuwait...[The reason] Kuwait has the highest value currency in the world is when they changed their rate they unpegged their currency from the US dollar and re-pegged to the highest valued currency assortment basket...it's called the KUNA basket...the value of their currency against the US dollar is approximately $3.28. Iraq has more minerals in their soil. They've got gold, lithium, diamonds, natural gas. They're the wealthiest country in the world. There's a very good chance that when the rate changes Iraq could...do what Kuwait did and unpeg from the US dollar and peg to that same currency assortment basket called the KUNA the highest valued basket in the world...
3-21-2021 Newshound Guru Pimpy This is March 20th. Today was supposed to be the big day. What did these other youtubers say? 'Boom! Before you know it the budget was going to change. We would get the big rate change and we'd be skipping our way to the bank'...This is why I tell you don't get overly excited about good news, don't get overly down on bad news...I hear this all time and then I become the boogeyman. Why? Because I'm saying read...whether it's 'contract rates'...redemption centers... humanitarian projects...ridiculous 800 numbers. To me all those things sound like scams. They want you to send your dinar to that location. Where's your security? ...we all want the same thing...we want the RV to happen but there are other indicators out that we can watch for...slow down. Hang tight...
3-20-2021 Newshound/Intel Guru RVAlready Remember, the CBI gave the GOI the new rate about 4 weeks ago, but it was not released to the public. It is simply true that the rate is a CBI matter, not a matter for discussion by parliament.
3-20-2021 Newshound Guru Kaperoni Truth and facts are what we are all about. We have spent many years researching the dinar investment and talked about how the dinar can appreciate in value. If it goes up it will go up gradually over time as the economy prospers. There are no shortcuts. ...the Parliamentary Finance Committee confirmed today that there is no adjustment to the exchange rate in the budget...
3-20-2021 Intel Guru MarkZ [via PDK] [Could Iraq get away with not changing the rate…] No …in their budget they have cut salaries by 40-60% on the number of dinar they are getting…so they have to make a change or there will be a massive implosion.
3-20-2021 Intel Guru RayRen98 Representatives decided to postpone its session on the budget law until next Saturday, March 27, 2021, at 1:00 PM.
3-20-2021 Intel Guru Frank26 You can see this on the CBI website - the history. You're going to find that anytime that they had a rate increase or decrease for their currency about between 80% to 70% of the time it happened in two months. Either the month of April or the month of September. That's their history...of those two months...about 90+ percent of the time it was more April than it was September. Respect the first quarter - yeah, you should.
3-20-2021 Intel Guru Bruce [via WiserNow] In talking with two banks yesterday – it was determined that one bank was saying that we should be able to get started between tonight and Sunday and the other bank is very similar to that – it’s actually between NOW/tonight and the weekend...
3-20-2021 Intel Guru Walkingstick [via Guru Frank26] the meetings that they're having on Saturdays...the meetings are talking about the HCL. It's a hot topic...they're still talking about when they're gonna hand out the information to the citizens, the rate and the whole works. But they're also heavily talking on the HCL...It all makes sense because the rate is tied in with the budget. The budget is tied in with the HCL and the HCL is tied in with the monetary reform...why? Because they [Iraqi citizens] will automatically have bank accounts open. "You do want your share of the mineral and oil and gas rights? Yes I do. You now have an account in our bank...that's the only way you're going to get your HCL money. You can't get it any other way..." Brilliant. This is a masterpiece and it was well done by the United States Treasury and President Trump. That's what the meetings are now...
3-20-2021 Newshound Guru Pimpy Be weary of people who say we can all put our dinars together and get a special "contract rate"...Do you mean I have to send you my dinars? Well yeah they got to be held in a trust fund.' Whoa sparky! I don't know you. You're just some dude on the youtube. Where is my protection? You should be very weary...Where is your protection from somebody who's just gonna get up and walk away with your currency? ...It's like physical gold and silver - unless you physically have it and own it you ain't got it.
3-20-2021 Intel Guru Frank26 It used to be weeks...phase one is here... something is going on. The pattern is interesting...I've got this feeling that phase 1...as the date of 1 to 1 rate...I think it is already here because the evidence that I noticed and a pattern that's different with banks in the United States...They know. I even got one recording from a gentleman he said 'I went to Wells Fargo'. I said oh, did they kick you out? He said, 'no, I told them I had dinars and they said we'll take care of you.' ...Wells Fargo? Yes. I found that very interesting. This is a pattern that must not be ignored...
3-20-2021 Newshound Guru Jeff This is huge. Article: "Next Monday, the Supreme Court will begin implementing the Federal Court Law" You know I'm looking for the rate to change this coming Sunday the 21st. That's my opinion...They're talking about implementing the Federal Court Law next Monday...if this article is telling us the truth and they plan to implement the Federal Court Law that's been pending and outstanding since 2005...the only way they can implement the Federal Court Law next Monday is to change the rate on Sunday the 21st. This article is huge...
3-20-2021 Intel Guru Bruce [via WiserNow] Iraq has been called the linchpin for this exchange – the GCR and everything that we’re going to do – and we talked with our contacts in Fallujah, Iraq today and found that yes Iraq did complete everything that they need to do regarding the HCL – the budget approval – all of that has sort of been pushed...I think finally we’re hearing that everything is complete – there’s nothing left to vote on – there were two sessions in Parliament...[Thursday] – and these things were accomplished to where now we will hear whether the rate was put out or not – we will hear either...[Friday] or Saturday - Whether they have done what they said they have done – which is approve the rate and put it out – so – we’ll be looking for that – that will be a really good trigger...
3-20-2021 Newshound Guru Kaperoni Truth and facts are what we are all about. We have spent many years researching the dinar investment and talked about how the dinar can appreciate in value. If it goes up it will go up gradually over time as the economy prospers. There are no shortcuts. ...the Parliamentary Finance Committee confirmed today that there is no adjustment to the exchange rate in the budget...
3-20-2021 Intel Guru MarkZ [via PDK] [Could Iraq get away with not changing the rate…] No …in their budget they have cut salaries by 40-60% on the number of dinar they are getting…so they have to make a change or there will be a massive implosion.
3-20-2021 Intel Guru RayRen98 Representatives decided to postpone its session on the budget law until next Saturday, March 27, 2021, at 1:00 PM.
3-20-2021 Intel Guru Frank26 You can see this on the CBI website - the history. You're going to find that anytime that they had a rate increase or decrease for their currency about between 80% to 70% of the time it happened in two months. Either the month of April or the month of September. That's their history...of those two months...about 90+ percent of the time it was more April than it was September. Respect the first quarter - yeah, you should.
3-20-2021 Intel Guru Bruce [via WiserNow] In talking with two banks yesterday – it was determined that one bank was saying that we should be able to get started between tonight and Sunday and the other bank is very similar to that – it’s actually between NOW/tonight and the weekend...
3-20-2021 Intel Guru Walkingstick [via Guru Frank26] the meetings that they're having on Saturdays...the meetings are talking about the HCL. It's a hot topic...they're still talking about when they're gonna hand out the information to the citizens, the rate and the whole works. But they're also heavily talking on the HCL...It all makes sense because the rate is tied in with the budget. The budget is tied in with the HCL and the HCL is tied in with the monetary reform...why? Because they [Iraqi citizens] will automatically have bank accounts open. "You do want your share of the mineral and oil and gas rights? Yes I do. You now have an account in our bank...that's the only way you're going to get your HCL money. You can't get it any other way..." Brilliant. This is a masterpiece and it was well done by the United States Treasury and President Trump. That's what the meetings are now...
3-20-2021 Newshound Guru Pimpy Be weary of people who say we can all put our dinars together and get a special "contract rate"...Do you mean I have to send you my dinars? Well yeah they got to be held in a trust fund.' Whoa sparky! I don't know you. You're just some dude on the youtube. Where is my protection? You should be very weary...Where is your protection from somebody who's just gonna get up and walk away with your currency? ...It's like physical gold and silver - unless you physically have it and own it you ain't got it.
3-20-2021 Intel Guru Frank26 It used to be weeks...phase one is here... something is going on. The pattern is interesting...I've got this feeling that phase 1...as the date of 1 to 1 rate...I think it is already here because the evidence that I noticed and a pattern that's different with banks in the United States...They know. I even got one recording from a gentleman he said 'I went to Wells Fargo'. I said oh, did they kick you out? He said, 'no, I told them I had dinars and they said we'll take care of you.' ...Wells Fargo? Yes. I found that very interesting. This is a pattern that must not be ignored...
3-20-2021 Newshound Guru Jeff This is huge. Article: "Next Monday, the Supreme Court will begin implementing the Federal Court Law" You know I'm looking for the rate to change this coming Sunday the 21st. That's my opinion...They're talking about implementing the Federal Court Law next Monday...if this article is telling us the truth and they plan to implement the Federal Court Law that's been pending and outstanding since 2005...the only way they can implement the Federal Court Law next Monday is to change the rate on Sunday the 21st. This article is huge...
3-20-2021 Intel Guru Bruce [via WiserNow] Iraq has been called the linchpin for this exchange – the GCR and everything that we’re going to do – and we talked with our contacts in Fallujah, Iraq today and found that yes Iraq did complete everything that they need to do regarding the HCL – the budget approval – all of that has sort of been pushed...I think finally we’re hearing that everything is complete – there’s nothing left to vote on – there were two sessions in Parliament...[Thursday] – and these things were accomplished to where now we will hear whether the rate was put out or not – we will hear either...[Friday] or Saturday - Whether they have done what they said they have done – which is approve the rate and put it out – so – we’ll be looking for that – that will be a really good trigger...
3-19-2021 Intel Guru Footforward [...IS THE CBI DOWN...] CBI has been down alot plus it's a Friday. They will never RV on a Friday. ...These people are way too religious to dare ignore Allah on a Friday and work. ...Now watch. The dinar rate won't be in the budget and many people will sell their dinar...I'm not saying we are far off. I'm saying don't be surprised if the new rate isn't in the budget...
3-19-2021 Newshound Guru Pimpy Article: "Parliamentary Finance: There is no adjustment of exchange rate in the budget" ...when Kuwait did their rate change they told everybody in the news the day before that they had no intentions on changing the rate at the moment....the very next day boom it was done...That's why it's hard to really nail down any rates. Can't nail down any dates. No body knows...they're actually showing you the steps taken to prove to you that the rate change is not in the budget. Does that mean it's not going to be in budget? ...It's possible. Again I don't want you guys to get overly excited...or overly down. Stay grounded. There's still a lot of positive things happening over there in Iraq...
3-19-2021 Newshound Guru Jeff Article: "Parliamentary Finance: There's is no adjustment of the exchange rate in the budget" This article is China syndrome...in the past right before China reinstated or revalued the currency as well as Kuwait, both of them put out articles telly you they have no intentions of revaluing. A few days later BAM Changed it...What have I been telling you? Parliamentary Finance is full of B.S. and horse crap. They lie to you...we're not buying it...IMO Iraq is on track to change their rate this coming Sunday the 21st.
3-19-2021 Intel Guru MarkZ [via PDK] [...Iraq RV's for in country last night/this AM. Any word to corroborate?] Not yet…but, is it expected? Yes…They are in parliament right now and we have expectations for it tonight or tomorrow. It’s highly possible and looking good. There were no huge happenings overnight…but parliament in Iraq is in session as we speak. Big expectations that they will pass the budget. I get mixed signals out of Iraq whether it will be today but they started at 1 pm their time which is a couple hours ago our time. It could be as late as tomorrow before it gets passed. Cross your fingers that we are about to cross the finish line.
3-19-2021 Newshound Guru Pimpy ...Will they pass the budget this weekend? Many of us want to see the budget get passed so we can see if indeed there's any changes to the exchange rate. It's my feeling even if there is one it's not going to be like the one everybody anticipates. It's going to be most likely put back up to where it was before...1190 dinars for every dollar. I don't think you're going to see any major changes in the rate. No big announcements. Not at the moment... [Post 2 of 2]
3-19-2021 Newshound Guru Pimpy There's some things people are getting overly excited about...the budget could it be getting voted on? That's the rumor. We'll see. Article: "Parliamentary Finance: The budget is ready for voting, with the exception of a paragraph related to the Kurdistan region" My understanding is that their constitutional law says they cannot pass a budget without the Kurdistan Regions part in there...Saturday were going to find out...They're talking about voting on the 21st. That's the rumor. We will see. [post 1 of 2....stay tuned]
3-19-2021 Newshound Guru Jeff Article: "Deputy: Agreement to pass the Federal Court law today and pass the budget Saturday" Pass the budget Saturday...4 weeks ago I told you you were not going to see the budget until Saturday the 20th. Boom! Nailed it! Budget Saturday because they don't want you to see it. Remember I told you they're going to change the rate roughly 24 hours later...
3-19-2021 Intel Guru MarkZ [via PDK] Some interesting news coming out of Vietnam…The US is looking to force the upward value of the Vietnamese dong because it has created trade imbalances…so they have found them guilty of lowering and manipulating their currency down …and it should have a much higher value. The dong is one of my favorite currencies …If you look at risk versus reward...its my favorite out of all of them. So we are seeing movement and it’s pretty exciting. The news is really good.
3-19-2021 Newshound Guru Pimpy Article: "Parliamentary Finance: There is no adjustment of exchange rate in the budget" ...when Kuwait did their rate change they told everybody in the news the day before that they had no intentions on changing the rate at the moment....the very next day boom it was done...That's why it's hard to really nail down any rates. Can't nail down any dates. No body knows...they're actually showing you the steps taken to prove to you that the rate change is not in the budget. Does that mean it's not going to be in budget? ...It's possible. Again I don't want you guys to get overly excited...or overly down. Stay grounded. There's still a lot of positive things happening over there in Iraq...
3-19-2021 Newshound Guru Jeff Article: "Parliamentary Finance: There's is no adjustment of the exchange rate in the budget" This article is China syndrome...in the past right before China reinstated or revalued the currency as well as Kuwait, both of them put out articles telly you they have no intentions of revaluing. A few days later BAM Changed it...What have I been telling you? Parliamentary Finance is full of B.S. and horse crap. They lie to you...we're not buying it...IMO Iraq is on track to change their rate this coming Sunday the 21st.
3-19-2021 Intel Guru MarkZ [via PDK] [...Iraq RV's for in country last night/this AM. Any word to corroborate?] Not yet…but, is it expected? Yes…They are in parliament right now and we have expectations for it tonight or tomorrow. It’s highly possible and looking good. There were no huge happenings overnight…but parliament in Iraq is in session as we speak. Big expectations that they will pass the budget. I get mixed signals out of Iraq whether it will be today but they started at 1 pm their time which is a couple hours ago our time. It could be as late as tomorrow before it gets passed. Cross your fingers that we are about to cross the finish line.
3-19-2021 Newshound Guru Pimpy ...Will they pass the budget this weekend? Many of us want to see the budget get passed so we can see if indeed there's any changes to the exchange rate. It's my feeling even if there is one it's not going to be like the one everybody anticipates. It's going to be most likely put back up to where it was before...1190 dinars for every dollar. I don't think you're going to see any major changes in the rate. No big announcements. Not at the moment... [Post 2 of 2]
3-19-2021 Newshound Guru Pimpy There's some things people are getting overly excited about...the budget could it be getting voted on? That's the rumor. We'll see. Article: "Parliamentary Finance: The budget is ready for voting, with the exception of a paragraph related to the Kurdistan region" My understanding is that their constitutional law says they cannot pass a budget without the Kurdistan Regions part in there...Saturday were going to find out...They're talking about voting on the 21st. That's the rumor. We will see. [post 1 of 2....stay tuned]
3-19-2021 Newshound Guru Jeff Article: "Deputy: Agreement to pass the Federal Court law today and pass the budget Saturday" Pass the budget Saturday...4 weeks ago I told you you were not going to see the budget until Saturday the 20th. Boom! Nailed it! Budget Saturday because they don't want you to see it. Remember I told you they're going to change the rate roughly 24 hours later...
3-19-2021 Intel Guru MarkZ [via PDK] Some interesting news coming out of Vietnam…The US is looking to force the upward value of the Vietnamese dong because it has created trade imbalances…so they have found them guilty of lowering and manipulating their currency down …and it should have a much higher value. The dong is one of my favorite currencies …If you look at risk versus reward...its my favorite out of all of them. So we are seeing movement and it’s pretty exciting. The news is really good.
3-18-2021 Intel Guru Bruce [via WiserNow] ...people...will say there is more to be done...this law...that law...this document or that document as far as Iraq goes...the truth of the matter is most of it has been done for many months...they have fine-tuned the budget...Kurdistan is happy...all of that was settled...Iraq is waiting on us – they are waiting on a go ahead from our Treasury to their Central Bank – The CBI – to release everything...
3-18-2021 Newshound Guru Pimpy 'You have to have a humanitarian project' - Where is that officially announced? Where it that written that in order for you to exchange your currency that you legally bought, legally own, is legal tender, where does it say anywhere that you must have a humanitarian project? ...Every time I've asked that question the answer is 'Well you don't suppose they're just gonna give that kind of money do you? Yeah, yeah I do. Why wouldn't I? If that's your answer and that's all you have then you're just full of crap...where is your proof?
3-18-2021 Intel Guru Frank26 Because of the things that they're doing with the monetary [reform?], collecting the 3 zeros, you'll see the Iraqi dinar grow in value outside of the country...if it starts out at 1 to 1...within...90 days...it's possible that we could maybe see 2 to 1. What about when it hits the Real Effective Exchange Rate...? ..maybe within an 8 month period...outside Iraq...it has the potential IMO to be capped around $4.25...this is a speculative investment. There's no way in the world that I'm sitting here telling you this is what's going to happen. What I'm simply telling you is my opinion and nothing more...
3-18-2021 Intel Guru MarkZ [via PDK] Some very interesting stuff coming out of Iraq…they are getting ready to cut their salaries…by 50-60% of the dinar they are getting with the new budget…think about that…how will they pay their bills and how could they be happy with that budget cut coming in 2 weeks if there wasn’t going to be a serious increase in the value of their currency? Would they not be screaming? Why are these people happy with this pay cut? It’s because the value is about ready to expand!!
3-18-2021 Newshound Guru Jeff Article: "vote on budget bill will be postponed until after Newroz holiday: Iraqi MP" ...I fully believe they're still hiding the figures...I told you they might push this possibly until after Sunday the 21st...if they were to change the rate this month in March it's got to happen by the 21st flat out...we have reached a brick wall with our factual data. We are now at the point where we just have to see what happens over the weekend...
3-18-2021 Intel Guru Bruce [via WiserNow] ...the two days that Iraq can posts their rate or their budget on their official document...which is the gazette...on a Wednesday or Saturday...however...they can publish on line on any given day...
3-18-2021 Newshound Guru Pimpy I don't do dates. I don't do rates...I went in and speculated. I would say based on information I can make an argument of why it might be here or why it might be there...they thought it would be somewhere around $1.37...you can speculate about it all you want. I made arguments for a rate as high as $3.22 and I've made arguments for a rate as high as a nickel. It really depends on a lot of different things. That's why we pay attention to the news because all these things are factored in what this rate can be...
3-18-2021 Intel Guru MarkZ [via PDK] [Mark do you still believe that this month we will have the RV released?] Yes I still think this month still…
3-18-2021 Newshound Guru Jeff Article: "Kurdistan Regional Government announce the suspension of official working hours on the occasion of Nowruz holiday" This is a federal holiday - country wide...Don't let them fool you. It's not just a holiday. There's bigger things happening during this period...on the 21st they will have the ISX shutdown...just so you know that was the same official holiday Kuwait utilized...for Iraq it will be Sunday morning round 7-8am their time when they change the rate...it's got to be a Sunday... history is repeating itself and Iraq is walking in Kuwait's footsteps...
3-18-2021 Newshound Guru MilitiaMan Article quote: "Passing the budget bill with the postponement of the vote on the Kurdistan quota and the exchange rate due to deep disagreements about them is impossible." ...talk about the postponement of the Federal Budget Law for 2021 is about the resolving of the exchange rate until a final agreement in that regard. Then look a bit further they have it ready and it is inevitable. So to have it resolved means they have already decided the exchange rate. They have agreed to...21-50% deductions in pay... All projects are stalled until the exposure of the rate...imo... This data supports we are all in a good place... There is no way the Kurds would agree to deductions in salaries without an exchange rate to support it and that off sets the loss. Gear up it is getting real!...imo...
3-18-2021 Newshound Guru Pimpy 'You have to have a humanitarian project' - Where is that officially announced? Where it that written that in order for you to exchange your currency that you legally bought, legally own, is legal tender, where does it say anywhere that you must have a humanitarian project? ...Every time I've asked that question the answer is 'Well you don't suppose they're just gonna give that kind of money do you? Yeah, yeah I do. Why wouldn't I? If that's your answer and that's all you have then you're just full of crap...where is your proof?
3-18-2021 Intel Guru Frank26 Because of the things that they're doing with the monetary [reform?], collecting the 3 zeros, you'll see the Iraqi dinar grow in value outside of the country...if it starts out at 1 to 1...within...90 days...it's possible that we could maybe see 2 to 1. What about when it hits the Real Effective Exchange Rate...? ..maybe within an 8 month period...outside Iraq...it has the potential IMO to be capped around $4.25...this is a speculative investment. There's no way in the world that I'm sitting here telling you this is what's going to happen. What I'm simply telling you is my opinion and nothing more...
3-18-2021 Intel Guru MarkZ [via PDK] Some very interesting stuff coming out of Iraq…they are getting ready to cut their salaries…by 50-60% of the dinar they are getting with the new budget…think about that…how will they pay their bills and how could they be happy with that budget cut coming in 2 weeks if there wasn’t going to be a serious increase in the value of their currency? Would they not be screaming? Why are these people happy with this pay cut? It’s because the value is about ready to expand!!
3-18-2021 Newshound Guru Jeff Article: "vote on budget bill will be postponed until after Newroz holiday: Iraqi MP" ...I fully believe they're still hiding the figures...I told you they might push this possibly until after Sunday the 21st...if they were to change the rate this month in March it's got to happen by the 21st flat out...we have reached a brick wall with our factual data. We are now at the point where we just have to see what happens over the weekend...
3-18-2021 Intel Guru Bruce [via WiserNow] ...the two days that Iraq can posts their rate or their budget on their official document...which is the gazette...on a Wednesday or Saturday...however...they can publish on line on any given day...
3-18-2021 Newshound Guru Pimpy I don't do dates. I don't do rates...I went in and speculated. I would say based on information I can make an argument of why it might be here or why it might be there...they thought it would be somewhere around $1.37...you can speculate about it all you want. I made arguments for a rate as high as $3.22 and I've made arguments for a rate as high as a nickel. It really depends on a lot of different things. That's why we pay attention to the news because all these things are factored in what this rate can be...
3-18-2021 Intel Guru MarkZ [via PDK] [Mark do you still believe that this month we will have the RV released?] Yes I still think this month still…
3-18-2021 Newshound Guru Jeff Article: "Kurdistan Regional Government announce the suspension of official working hours on the occasion of Nowruz holiday" This is a federal holiday - country wide...Don't let them fool you. It's not just a holiday. There's bigger things happening during this period...on the 21st they will have the ISX shutdown...just so you know that was the same official holiday Kuwait utilized...for Iraq it will be Sunday morning round 7-8am their time when they change the rate...it's got to be a Sunday... history is repeating itself and Iraq is walking in Kuwait's footsteps...
3-18-2021 Newshound Guru MilitiaMan Article quote: "Passing the budget bill with the postponement of the vote on the Kurdistan quota and the exchange rate due to deep disagreements about them is impossible." ...talk about the postponement of the Federal Budget Law for 2021 is about the resolving of the exchange rate until a final agreement in that regard. Then look a bit further they have it ready and it is inevitable. So to have it resolved means they have already decided the exchange rate. They have agreed to...21-50% deductions in pay... All projects are stalled until the exposure of the rate...imo... This data supports we are all in a good place... There is no way the Kurds would agree to deductions in salaries without an exchange rate to support it and that off sets the loss. Gear up it is getting real!...imo...
3-17-2021 Intel Guru Frank26 I'll say this, when they do reach that benchmark, we walk into phase 3...conclusion...an area which we say all 3-zero notes that have been withdrawn from circulation allows them to finish their monetary reform and establish REER. 1 to 1 is not the Real Effective Exchange Rate and nor will [phase 2's possible $1.45] IMO. This country is too powerful. I have no idea what this [REER] is... [Post 2 of 2]
3-17-2021 Intel Guru Frank26 Phase 2 - a second rate change...higher than 1 to 1? Yes. [IHO] $1.45...how long will it take to collect the 3 zeros before the citizens have a second rate change increase? I don't know...IMO it's the same amount of time that they gave them to turn in the 50 dinar note...Is that second rate increase only domestically or domestically and international? It's for both sides. [Post 1 of 2....stay tuned]
3-17-2021 Intel Guru Bruce [via WiserNow] ...things are relatively quiet – and I think we have a pretty good idea that is there for a reason - that things have slowed down and seem quiet because we are just about there – at least that is what we hope...we are hearing that we should be looking for notifications based on a...source...that is very high up...very strong bank source – suggesting that tomorrow [Wednesday] afternoon would be a great time for us to be notified...in preparation for exchanges on Thursday...the 18th...we don’t know for sure how soon we would start the exchange but I think if we did receive notifications tomorrow [Wednesday] Thursday is definitely in play for us...
3-17-2021 Newshound Guru Pimpy ...you get people out there saying, 'Hey, I'm going to get you a special contract rate.' Does that make sense to you? You think there's a contract that some group of people are going to get a special rate more than other people for whatever reason? Does that make sense? ...if a bank gave groups of people different types of rates that would be a violation of the law. We're talking about banking here people. You can't just hand pick what rate each different group of people get...there has to be some consistency there...nobody is going to get you a special contract rate...
3-17-2021 Newshound Guru Jeff What's the #1 thing that they're hiding from you....? It's the budget...why is the budget so important? What does it mean? What does it signify? The reason I put a linchpin on it is because the budget itself is the linchpin to the rate change. That's why they're playing the games in the media...when they finish the budget on Saturday the 20th IMO they're probably going to change the rate about 24 hours later.
3-17-2021 Intel Guru MarkZ [via PDK] [From everything I’m hearing from Iraq- looks like they are going back to a 1200 dinar to the dollar.] I don’t think so...it would not fit their budget and goes against everything I am hearing in Iraq now…..also keep in mind when you see this stuff…..its exactly what we were hearing in Kuwait before they revalued….and exactly what we saw in China before they revalued last time…don’t let that shake you...
3-17-2021 Intel Guru Frank26 You're going to have the new small category notes that will be given to the citizens and they will coexists with a specific amount of 3 zero notes...as they get phased out inside of Iraq, they get phased out outside as well...5 or 6 years ago the 50 note was cancelled by the Central Bank of Iraq - they gave everybody 90 days. So you had 90 days to turn in those 50 notes...
3-17-2021 Newshound/Intel Guru Mnt Goat Article: "MEMBER OF PARLIAMENT: PARLIAMENTARY SIGNATURES SUBMITTED TO RESTORE THE DOLLAR’S EXCHANGE RATE" More pressure but many of these PM also want the project to delete the zeros and not just to go back to 1200 rate. They want at least a 1:1 and the lower denominations to come back.
3-17-2021 Intel Guru MarkZ [via PDK] [What ID's do we need to take to exchange.] I was told take whatever you would usually take to open bank accounts…call your bank if you want to verify this…i am told a current picture ID like drivers license and passport. I would suggest bringing your SS card or whatever correlating ID you have in whatever country you are in as well. Basically call your bank and ask them what ID’s you need to bring to open an account.
3-17-2021 Newshound Guru Pimpy Stay away from anybody that gives you a date, anybody who give you a rate. The best anybody could do is speculate. Some people take a more educated stab at that date and rate...some people are just farting in the wind hoping something sticks. Don't get caught up in that stuff. Stay grounded...does that mean that an RI or an RV won't be announced? I didn't say that. It could be announced any day. But there's no guarantees out that that day is going to be here any day soon.
3-17-2021 Intel Guru Frank26 Phase 2 - a second rate change...higher than 1 to 1? Yes. [IHO] $1.45...how long will it take to collect the 3 zeros before the citizens have a second rate change increase? I don't know...IMO it's the same amount of time that they gave them to turn in the 50 dinar note...Is that second rate increase only domestically or domestically and international? It's for both sides. [Post 1 of 2....stay tuned]
3-17-2021 Intel Guru Bruce [via WiserNow] ...things are relatively quiet – and I think we have a pretty good idea that is there for a reason - that things have slowed down and seem quiet because we are just about there – at least that is what we hope...we are hearing that we should be looking for notifications based on a...source...that is very high up...very strong bank source – suggesting that tomorrow [Wednesday] afternoon would be a great time for us to be notified...in preparation for exchanges on Thursday...the 18th...we don’t know for sure how soon we would start the exchange but I think if we did receive notifications tomorrow [Wednesday] Thursday is definitely in play for us...
3-17-2021 Newshound Guru Pimpy ...you get people out there saying, 'Hey, I'm going to get you a special contract rate.' Does that make sense to you? You think there's a contract that some group of people are going to get a special rate more than other people for whatever reason? Does that make sense? ...if a bank gave groups of people different types of rates that would be a violation of the law. We're talking about banking here people. You can't just hand pick what rate each different group of people get...there has to be some consistency there...nobody is going to get you a special contract rate...
3-17-2021 Newshound Guru Jeff What's the #1 thing that they're hiding from you....? It's the budget...why is the budget so important? What does it mean? What does it signify? The reason I put a linchpin on it is because the budget itself is the linchpin to the rate change. That's why they're playing the games in the media...when they finish the budget on Saturday the 20th IMO they're probably going to change the rate about 24 hours later.
3-17-2021 Intel Guru MarkZ [via PDK] [From everything I’m hearing from Iraq- looks like they are going back to a 1200 dinar to the dollar.] I don’t think so...it would not fit their budget and goes against everything I am hearing in Iraq now…..also keep in mind when you see this stuff…..its exactly what we were hearing in Kuwait before they revalued….and exactly what we saw in China before they revalued last time…don’t let that shake you...
3-17-2021 Intel Guru Frank26 You're going to have the new small category notes that will be given to the citizens and they will coexists with a specific amount of 3 zero notes...as they get phased out inside of Iraq, they get phased out outside as well...5 or 6 years ago the 50 note was cancelled by the Central Bank of Iraq - they gave everybody 90 days. So you had 90 days to turn in those 50 notes...
3-17-2021 Newshound/Intel Guru Mnt Goat Article: "MEMBER OF PARLIAMENT: PARLIAMENTARY SIGNATURES SUBMITTED TO RESTORE THE DOLLAR’S EXCHANGE RATE" More pressure but many of these PM also want the project to delete the zeros and not just to go back to 1200 rate. They want at least a 1:1 and the lower denominations to come back.
3-17-2021 Intel Guru MarkZ [via PDK] [What ID's do we need to take to exchange.] I was told take whatever you would usually take to open bank accounts…call your bank if you want to verify this…i am told a current picture ID like drivers license and passport. I would suggest bringing your SS card or whatever correlating ID you have in whatever country you are in as well. Basically call your bank and ask them what ID’s you need to bring to open an account.
3-17-2021 Newshound Guru Pimpy Stay away from anybody that gives you a date, anybody who give you a rate. The best anybody could do is speculate. Some people take a more educated stab at that date and rate...some people are just farting in the wind hoping something sticks. Don't get caught up in that stuff. Stay grounded...does that mean that an RI or an RV won't be announced? I didn't say that. It could be announced any day. But there's no guarantees out that that day is going to be here any day soon.
3-16-2021 Intel Guru RayRen98 I FEEL A RATE CHANGE COMING... DIRECTLY!!! ...HINT 2 THE WISE: DON'T RUSH IN FOR THE "LOWER" EXCHANGE RATES...IT GETS GREATER LATER $$$
3-16-2021 Intel Guru MarkZ [via PDK] [Should we use a bank or redemption center to exchange?] As I understand it…if you walk into a regular bank you will get whatever the street rate is…you are not going to get the higher contract rates…so imo…i would choose to go to a redemption center. Also not all banks are set up with machines to verify your currency… they would...send it off and take a day or two. …I don’t know about you but I don’t know that I would trust all the tellers that would be handling it without me around…may be missing a few bills…I choose redemption centers where they will verify it right in front of your face.
3-16-2021 Newshound Guru Jeff IMO Vietnam needs more time...easily another year...IMO no other currencies will go with the Iraq dinar...the Iraq dinar is the only currency you're going to see change the rate at this time.
3-16-2021 Intel Guru Footforward [frank [Guru Frank26]...said the rate will be 1$ internationally...] ...as things stand there is something in place that make it actually illegal for them to come out that low. And Frank doesn't know about this. And no one else does either. Frank may also be getting misinformation. I know I have the best source on the rate? I like Frank. This isn't anti Frank.
3-16-2021 Intel Guru MarkZ [via PDK] Hearing the HCL will pass in Iraq on Wednesday or early Thursday…this is profit sharing for the oilfields in Iraq and Kurdistan. When this passes…I am told “BOOM” budget is done and we have a new rate…so I am watching this very closely….
3-16-2021 Newshound Guru Pimpy There's nobody from an official capacity who said, 'Hey, we're going to be swapping lower denominations for higher denominations.' That usually happens when we do what's called a LOP. That's when they knock the 3 zeros off the dinar, not the rate exchange, the dinar. That's devaluing the dinar. In other words on million dinar all of sudden becomes worth a thousand in ours [dollars] because they took 3 zeros off. That's not a good thing...I never seen an official announcement that lower denomination were coming out yet. I do know for a fact that they exist. I got confirmation on that and I was allowed to share that information...It's just a matter of when. That's what everybody has been waiting for.
3-16-2021 Newshound Guru Jeff I've been telling you that if they're going to do the rate change this month in March, their back wall for March has to be Sunday the 21st to do it. The reason why is because...they would need the last week of March to complete the suspended laws...they just need one reading and they're done...we're in great shape...
3-16-2021 Intel Guru Frank26 1 to 1 ... Inside of Iraq you're going to have one dinar. What are you going to have in the the other hand? A dollar? NO! They base it on the exchange rate of the dollar. They don't have any dollars in their country...a dinar is a dinar inside the country of Iraq. The value of that dinar is equivalent of an American dollar. Not bad. You got purchasing power. Outside of Iraq it depends on what you want to convert it into...Let me ask you this. Outside of Iraq I have a 25K note in my hand - What do I have in my other hand and I'm an American citizen? $25,000 dollars... Internationally it's a completely different ball game... [Post 2 of 2]
3-16-2021 Intel Guru Frank26 We have a date. It's a solid date. At the onset it will come out at a rate 1 to 1 IMO. That rate will be domestically and internationally recognized. This is the process of monetary reform - the lava flow that we call the redenomination, the revaluation and now finally the reinstatement...this phase is approaching us in the near proximal future... [Post 1 of 1...stay tuned]
3-16-2021 Intel Guru Footforward For those who have eyes to see and ears to hear, you know what the rate is already. For newer people, my opinion, that is not financial or investment advice, my opinion is the rate will be at least 3.50 and more likely 5.00.
3-16-2021 Intel Guru MarkZ [via PDK] [Should we use a bank or redemption center to exchange?] As I understand it…if you walk into a regular bank you will get whatever the street rate is…you are not going to get the higher contract rates…so imo…i would choose to go to a redemption center. Also not all banks are set up with machines to verify your currency… they would...send it off and take a day or two. …I don’t know about you but I don’t know that I would trust all the tellers that would be handling it without me around…may be missing a few bills…I choose redemption centers where they will verify it right in front of your face.
3-16-2021 Newshound Guru Jeff IMO Vietnam needs more time...easily another year...IMO no other currencies will go with the Iraq dinar...the Iraq dinar is the only currency you're going to see change the rate at this time.
3-16-2021 Intel Guru Footforward [frank [Guru Frank26]...said the rate will be 1$ internationally...] ...as things stand there is something in place that make it actually illegal for them to come out that low. And Frank doesn't know about this. And no one else does either. Frank may also be getting misinformation. I know I have the best source on the rate? I like Frank. This isn't anti Frank.
3-16-2021 Intel Guru MarkZ [via PDK] Hearing the HCL will pass in Iraq on Wednesday or early Thursday…this is profit sharing for the oilfields in Iraq and Kurdistan. When this passes…I am told “BOOM” budget is done and we have a new rate…so I am watching this very closely….
3-16-2021 Newshound Guru Pimpy There's nobody from an official capacity who said, 'Hey, we're going to be swapping lower denominations for higher denominations.' That usually happens when we do what's called a LOP. That's when they knock the 3 zeros off the dinar, not the rate exchange, the dinar. That's devaluing the dinar. In other words on million dinar all of sudden becomes worth a thousand in ours [dollars] because they took 3 zeros off. That's not a good thing...I never seen an official announcement that lower denomination were coming out yet. I do know for a fact that they exist. I got confirmation on that and I was allowed to share that information...It's just a matter of when. That's what everybody has been waiting for.
3-16-2021 Newshound Guru Jeff I've been telling you that if they're going to do the rate change this month in March, their back wall for March has to be Sunday the 21st to do it. The reason why is because...they would need the last week of March to complete the suspended laws...they just need one reading and they're done...we're in great shape...
3-16-2021 Intel Guru Frank26 1 to 1 ... Inside of Iraq you're going to have one dinar. What are you going to have in the the other hand? A dollar? NO! They base it on the exchange rate of the dollar. They don't have any dollars in their country...a dinar is a dinar inside the country of Iraq. The value of that dinar is equivalent of an American dollar. Not bad. You got purchasing power. Outside of Iraq it depends on what you want to convert it into...Let me ask you this. Outside of Iraq I have a 25K note in my hand - What do I have in my other hand and I'm an American citizen? $25,000 dollars... Internationally it's a completely different ball game... [Post 2 of 2]
3-16-2021 Intel Guru Frank26 We have a date. It's a solid date. At the onset it will come out at a rate 1 to 1 IMO. That rate will be domestically and internationally recognized. This is the process of monetary reform - the lava flow that we call the redenomination, the revaluation and now finally the reinstatement...this phase is approaching us in the near proximal future... [Post 1 of 1...stay tuned]
3-16-2021 Intel Guru Footforward For those who have eyes to see and ears to hear, you know what the rate is already. For newer people, my opinion, that is not financial or investment advice, my opinion is the rate will be at least 3.50 and more likely 5.00.
3-15-2021 *** Dinar Guru News Update *** The CBI has maintained less than 2% spread between the dinar's official rate and the market rate for approximately 82 days. This means the dinar is within 5 days of fulfilling the IMF's 2% for 90 day rule. Several gurus feel the dinar cannot RV/Increase, graduate to Article 8 and become international until this milestone is met. If the CBI maintains the market rate at the current rate this rule will be met on March 20th. You can always see the CBI's official rate and market rate listed on the left column of this page. Stay tuned as the gurus let us know if Iraq ascends to Article 8 and international status. The latest guru post continue below...
3-15-2021 Newshound Guru Pimpy There is a lot of talk still about the exchange rate. Will they come out and make some RI/RV announcement? It's possible but not likely. I think if anything we're going to see it go back up to 1190 dinar for now but only for a short period of time. I think we're going to start seeing...a 'dirty float' which is a managed float - just little by little they'll change the increments over time...
3-15-2021 Intel Guru MarkZ [via PDK] A lot of folks are worried about Iraq possible coming out at a 1 to 1 rate…I am told that with our contract rate that it will not affect us or our values…but there is a high probability that they will come out at 1 to 1…don’t let that put you into a panic. For those that think that can hang on to their currency and trade it in at a later date hoping for a higher rate…we will only have about 30 days in which we can exchange our larger notes…don’t wait to long or you could be stuck with wallpaper.
3-15-2021 Newshound Guru Jeff I told you to add 90 days to a Sunday after December 20th when they devalued it [the dinar]. It takes you to Sunday March 21st. As we're approaching March 21st you can clearly see all Iraq's news is right on par - how they're completing the budget, adjusting the exchange rate and everything's right at the cusp of happening exactly at the 21st. I mean it's a no brainer...
3-15-2021 Intel Guru MarkZ [via PDK] ...There was a lot of great articles coming out of Iraq this weekend…They fully expect their new value in the 2021 budget which starts April 1st…which means they got to get busy...solid movement in the HCL agreements with Kurdistan and Iraq…this should pass…I am told…by Wednesday…
3-15-2021 Newshound Guru Jeff What should you do with the one dollar sucker rate? ...most people will have some quick bills they have to pay so a simple recommendation maybe just go exchange...just enough money to keep your head above water...and then once the rate goes up to a higher mark after the 90 days then you can go cash out the bulk of it. But even after 90 days the rate can still go higher than that so I don't recommend rushing this thing. You have to remain patient with it. [Post 2 of 2] [Note: Consult your professional financial advisors at the appropriate time to build the right strategy for you and your family's specific circumstances.]
3-15-2021 Newshound Guru Jeff No one knows what the rates going to be...I feel the true final rate will be around $3.80. that's my opinion. I want to put out a possibility...Iraq devalued their currency to get 3 zero notes out of circulation in Iraq. They could do something similar to that for you and I. They could release a sucker rate of 1 to 1...They did it for 90 days in Iraq with the devaluation - I think they'll do this 1 to 1 sucker rate again for 90 days. You're gonna want to pay attention...after that 90 days that's when they would hike it...around Sunday June 20th. [Post 1 of 2....stay tuned]
3-15-2021 Intel Guru Footforward [Any news about the meeting about dinars value?] I honestly wouldn't pay a lot of attention to those meetings. I don't think they're going to be very telling. Iraq at least publicly has been going around in circles for months now... What I will say for sure is there's tons of misinformation coming out of Iraq on purpose right now. This has been the case for about the last 6 months especially.
3-15-2021 Intel Guru MarkZ [via PDK] A lot of folks are worried about Iraq possible coming out at a 1 to 1 rate…I am told that with our contract rate that it will not affect us or our values…but there is a high probability that they will come out at 1 to 1…don’t let that put you into a panic. For those that think that can hang on to their currency and trade it in at a later date hoping for a higher rate…we will only have about 30 days in which we can exchange our larger notes…don’t wait to long or you could be stuck with wallpaper.
3-15-2021 Newshound Guru Jeff I told you to add 90 days to a Sunday after December 20th when they devalued it [the dinar]. It takes you to Sunday March 21st. As we're approaching March 21st you can clearly see all Iraq's news is right on par - how they're completing the budget, adjusting the exchange rate and everything's right at the cusp of happening exactly at the 21st. I mean it's a no brainer...
3-15-2021 Intel Guru MarkZ [via PDK] ...There was a lot of great articles coming out of Iraq this weekend…They fully expect their new value in the 2021 budget which starts April 1st…which means they got to get busy...solid movement in the HCL agreements with Kurdistan and Iraq…this should pass…I am told…by Wednesday…
3-15-2021 Newshound Guru Jeff What should you do with the one dollar sucker rate? ...most people will have some quick bills they have to pay so a simple recommendation maybe just go exchange...just enough money to keep your head above water...and then once the rate goes up to a higher mark after the 90 days then you can go cash out the bulk of it. But even after 90 days the rate can still go higher than that so I don't recommend rushing this thing. You have to remain patient with it. [Post 2 of 2] [Note: Consult your professional financial advisors at the appropriate time to build the right strategy for you and your family's specific circumstances.]
3-15-2021 Newshound Guru Jeff No one knows what the rates going to be...I feel the true final rate will be around $3.80. that's my opinion. I want to put out a possibility...Iraq devalued their currency to get 3 zero notes out of circulation in Iraq. They could do something similar to that for you and I. They could release a sucker rate of 1 to 1...They did it for 90 days in Iraq with the devaluation - I think they'll do this 1 to 1 sucker rate again for 90 days. You're gonna want to pay attention...after that 90 days that's when they would hike it...around Sunday June 20th. [Post 1 of 2....stay tuned]
3-15-2021 Intel Guru Footforward [Any news about the meeting about dinars value?] I honestly wouldn't pay a lot of attention to those meetings. I don't think they're going to be very telling. Iraq at least publicly has been going around in circles for months now... What I will say for sure is there's tons of misinformation coming out of Iraq on purpose right now. This has been the case for about the last 6 months especially.
3-14-2021 Newshound Guru MilitiaMan ...Very important adviser [Salih] stating that the White Papers need activation or nothing will get done. Talk about being open about it!! They have no choice now. They need the rate to be exposed.. Without saying it directly, he is saying it.. imo...
3-14-2021 Newshound Guru Jeff Article: "Political agreement to pass the oil and gas law" Oil and Gas Law is oil profit sharing for the citizens. It's still outstanding...Why hasn't it been implemented yet? It can't be. It's waiting for the rate change. That's why it's still outstanding...In order to implement it they have to change the rate first. Then they can amend the constitution and then they can implement it when the budget goes active on April 1st. Boom! ...all of this is coming forth now. You guys are in the best position. We're golden. This thing is locked and loaded. You are right on the cusp of it...
3-14-2021 Newshound/Intel Guru Mnt Goat When will they vote on the Oil and Gas Law? They will probably take this up soon too along with the referendum for Article 140. Both of these laws have been ongoing as pieces to the Oil and Gas law have already been voted on and are now effective laws. But the KRG needs to assurances (by legislated law) how this territory in article 140 is to be managed and by whom and will need the funding from the GOI to do it.
3-14-2021 Intel Guru MarkZ [via PDK] I have said this before…the sheer amount of Iraqi dinar held in foreign treasuries around the world is immense …Iraq holds a tremendous amount of Vietnamese dong …Vietnam holds a tremendous amount of Iraqi dinar…they need them to go at the same time. I think Iraq is forcing this issue by pushing for it quickly. And by Iraq pushing it forward it will force them to reset the rest…
3-14-2021 Newshound/Intel Guru Mnt Goat Article: "INTERNATIONAL MONETARY FUND REVEALS LOAN TERMS, CONFIRMS SUPPORT FOR WHITE PAPER AND EXCHANGE RATE CHANGE" I am hearing that Iraq may not be taking this IMF loan after all as oil is rising very quickly. This is a very good sign...
3-14-2021 Newshound Guru Jeff Article: "Parliament announces the completion of the vote on the draft law of Federal Court in Monday's session" The fact that you see them getting this law done now confirms to you that the rate change is here because this law had to be delayed and timed with the rate change. They could only bring it forward when they're ready to change the rate. That's what they're doing right before your eyes...more good news walking you into next weekend for a rate change...
3-14-2021 Newshound/Intel Guru Mnt Goat As oil prices rise Iraq is bouncing back. We see them accumulating yet more funds in the CBI reserves. This is all very good! They will need this to RV. Remember that in 2012 Dr Shabibi has nearly 90 billion in the reserves and kept the provisional rate to 1166. Remember Dr Shabibi planned to revalue the currency in 2012 and then reinstate it in early 2013. So, in today’s day and age and all that is happening in the USA I would not doubt that an RV could happen before they opened the budget...
3-14-2021 Intel Guru MarkZ [via PDK] I am still told we will have a limited amount of time to exchange these notes……about 30 days to exchange those big 3 zero notes…Even if they do a 1 to 1 in-country…I still think at the bare minimum they will reinstate the currency internationally…with inflation I think that could be in the $4 range for dinar...The rates for all currencies…we will not know for sure until we are at our exchange. [NOTE: Dinar Guru will keep you posted if/when the CBI pending retirements of any dinar denominations...stay tuned.]
3-14-2021 Newshound Guru Jeff Article: "Political agreement to pass the oil and gas law" Oil and Gas Law is oil profit sharing for the citizens. It's still outstanding...Why hasn't it been implemented yet? It can't be. It's waiting for the rate change. That's why it's still outstanding...In order to implement it they have to change the rate first. Then they can amend the constitution and then they can implement it when the budget goes active on April 1st. Boom! ...all of this is coming forth now. You guys are in the best position. We're golden. This thing is locked and loaded. You are right on the cusp of it...
3-14-2021 Newshound/Intel Guru Mnt Goat When will they vote on the Oil and Gas Law? They will probably take this up soon too along with the referendum for Article 140. Both of these laws have been ongoing as pieces to the Oil and Gas law have already been voted on and are now effective laws. But the KRG needs to assurances (by legislated law) how this territory in article 140 is to be managed and by whom and will need the funding from the GOI to do it.
3-14-2021 Intel Guru MarkZ [via PDK] I have said this before…the sheer amount of Iraqi dinar held in foreign treasuries around the world is immense …Iraq holds a tremendous amount of Vietnamese dong …Vietnam holds a tremendous amount of Iraqi dinar…they need them to go at the same time. I think Iraq is forcing this issue by pushing for it quickly. And by Iraq pushing it forward it will force them to reset the rest…
3-14-2021 Newshound/Intel Guru Mnt Goat Article: "INTERNATIONAL MONETARY FUND REVEALS LOAN TERMS, CONFIRMS SUPPORT FOR WHITE PAPER AND EXCHANGE RATE CHANGE" I am hearing that Iraq may not be taking this IMF loan after all as oil is rising very quickly. This is a very good sign...
3-14-2021 Newshound Guru Jeff Article: "Parliament announces the completion of the vote on the draft law of Federal Court in Monday's session" The fact that you see them getting this law done now confirms to you that the rate change is here because this law had to be delayed and timed with the rate change. They could only bring it forward when they're ready to change the rate. That's what they're doing right before your eyes...more good news walking you into next weekend for a rate change...
3-14-2021 Newshound/Intel Guru Mnt Goat As oil prices rise Iraq is bouncing back. We see them accumulating yet more funds in the CBI reserves. This is all very good! They will need this to RV. Remember that in 2012 Dr Shabibi has nearly 90 billion in the reserves and kept the provisional rate to 1166. Remember Dr Shabibi planned to revalue the currency in 2012 and then reinstate it in early 2013. So, in today’s day and age and all that is happening in the USA I would not doubt that an RV could happen before they opened the budget...
3-14-2021 Intel Guru MarkZ [via PDK] I am still told we will have a limited amount of time to exchange these notes……about 30 days to exchange those big 3 zero notes…Even if they do a 1 to 1 in-country…I still think at the bare minimum they will reinstate the currency internationally…with inflation I think that could be in the $4 range for dinar...The rates for all currencies…we will not know for sure until we are at our exchange. [NOTE: Dinar Guru will keep you posted if/when the CBI pending retirements of any dinar denominations...stay tuned.]
3-13-2021 Newshound Guru MilitiaMan Article: "Adjusting the exchange rate of 1200 dinars ... Deputy: The decision is exclusively in the hands of two parties - urgent" Quote: “Obligated to return the exchange rate to what is was and what is stated in the 2021 budget..." Well that is the million Dinar Statement of the Decade imo lol... What is that rate at which they speak? If it is the program rate, why hide it? They wouldn't... This article...is a doozy...
3-13-2021 Newshound Guru Jeff December 20th they devalued the currency. That was the launch and implementation of the reforms. That was nothing more than a 90-day tool in preparation for the rate change to withdraw and bring in 3-zero notes from the citizens and within the country of Iraq . So Iraq has already technically started and have implemented the reforms by devaluing their currency...March 21st is a holiday we're looking for. It's the same exact historical Sunday when Kuwait changed the value of their currency in '91...that's our best guess as to when the rate's going to change...
3-13-2021 Newshound Guru Clare Article: "New changes to the exchange rates of the dollar attract the attention of the Iraqi street ... "big" consequences that economists predict" Quote: “Wide anticipation continues in the Iraqi street for any new decision related to changing the exchange rate of the dollar again in Iraq” MUSIC TO OUR EARS! imo.
3-13-2021 Newshound Guru MilitiaMan ...it is safe in my view to presume that the new exchange rate would precede any vote or there would be concerns of significant consequences from the people. That vote is slated for Monday... there is pressure from and on many fronts to adjust the exchange rate and soon...Even the UN is pushing hard...imo I like March in a big way...imo. [post 2 of 2]
3-13-2021 Newshound Guru MilitiaMan Article: "Al-Sadr's Alliance is distancing the Kurdistan Region from delaying the budget and disclosing other differences" Quote: "...the dispute over the Kurdistan Region’s share in the 2021 budget is not the reason for the delay in voting on it by the House of Representatives..." Even Sadr is stating that the reason for the delay is not Kurdistan Region's share of the 2021 Budget, but, that is about technical differences and issues with the Dinar exchange rate to the dollar. Well go figure. They all know what the exchange rate means to the country.They have been very busy today about talking about the private sector and going global. To do so will require a strong exchange rate, at least not one at a program rate... [post 1 of 2....stay tuned]
3-13-2021 Intel Guru Michael Cottrell [Any thoughts on timing?] I think we are very close….i would not be surprised if it happens in the next 2 weeks...
3-13-2021 Newshound Guru Jeff The CBI will never ever tell you when they're going to revalue the currency. Nor will they ever tell you what the value of the currency is going to be. Has the CBI ever given their preferred ideal time frame when they would like to change the value of the currency? The answer is yes...at the beginning of a fiscal period. Second, you can not research Iraq's fiscal year on the internet...I have consulted with Iraq's government...Iraq's budget is April through March of the following year...when you look at historical action it's real easy to piece it together. That means they're pretty much going to change the rate most likely in late March exactly how Kuwait did...
3-13-2021 Newshound/Intel Guru Mnt Goat All the news this week is about passing some much-needed legislation in parliament. Right now there are two laws on the table to vote on. The Federal Court Law and the 2021 Budget. We were originally told earlier this week the budget would be voted on in next Monday’s session but now we are told it will be held up due to the also wanting to take up the Federal Court Law in the same session. The law is still being fine-tuned.
3-13-2021 Newshound Guru Jeff December 20th they devalued the currency. That was the launch and implementation of the reforms. That was nothing more than a 90-day tool in preparation for the rate change to withdraw and bring in 3-zero notes from the citizens and within the country of Iraq . So Iraq has already technically started and have implemented the reforms by devaluing their currency...March 21st is a holiday we're looking for. It's the same exact historical Sunday when Kuwait changed the value of their currency in '91...that's our best guess as to when the rate's going to change...
3-13-2021 Newshound Guru Clare Article: "New changes to the exchange rates of the dollar attract the attention of the Iraqi street ... "big" consequences that economists predict" Quote: “Wide anticipation continues in the Iraqi street for any new decision related to changing the exchange rate of the dollar again in Iraq” MUSIC TO OUR EARS! imo.
3-13-2021 Newshound Guru MilitiaMan ...it is safe in my view to presume that the new exchange rate would precede any vote or there would be concerns of significant consequences from the people. That vote is slated for Monday... there is pressure from and on many fronts to adjust the exchange rate and soon...Even the UN is pushing hard...imo I like March in a big way...imo. [post 2 of 2]
3-13-2021 Newshound Guru MilitiaMan Article: "Al-Sadr's Alliance is distancing the Kurdistan Region from delaying the budget and disclosing other differences" Quote: "...the dispute over the Kurdistan Region’s share in the 2021 budget is not the reason for the delay in voting on it by the House of Representatives..." Even Sadr is stating that the reason for the delay is not Kurdistan Region's share of the 2021 Budget, but, that is about technical differences and issues with the Dinar exchange rate to the dollar. Well go figure. They all know what the exchange rate means to the country.They have been very busy today about talking about the private sector and going global. To do so will require a strong exchange rate, at least not one at a program rate... [post 1 of 2....stay tuned]
3-13-2021 Intel Guru Michael Cottrell [Any thoughts on timing?] I think we are very close….i would not be surprised if it happens in the next 2 weeks...
3-13-2021 Newshound Guru Jeff The CBI will never ever tell you when they're going to revalue the currency. Nor will they ever tell you what the value of the currency is going to be. Has the CBI ever given their preferred ideal time frame when they would like to change the value of the currency? The answer is yes...at the beginning of a fiscal period. Second, you can not research Iraq's fiscal year on the internet...I have consulted with Iraq's government...Iraq's budget is April through March of the following year...when you look at historical action it's real easy to piece it together. That means they're pretty much going to change the rate most likely in late March exactly how Kuwait did...
3-13-2021 Newshound/Intel Guru Mnt Goat All the news this week is about passing some much-needed legislation in parliament. Right now there are two laws on the table to vote on. The Federal Court Law and the 2021 Budget. We were originally told earlier this week the budget would be voted on in next Monday’s session but now we are told it will be held up due to the also wanting to take up the Federal Court Law in the same session. The law is still being fine-tuned.
3-12-2021 Intel Guru Bruce [via WiserNow] what I am getting from several sources and one particular – Banker – specifically – talking about everything going... Did Iraq do anything yesterday? With their rate? NO!! They have said they would put it out or make it known Saturday – this Saturday – don’t know...what the rate will be but that is all good...I’m looking forward to the completion of this...
3-12-2021 Newshound Guru Jeff There are no "tiers". That's a scam. There isn't two different rates. You don't have a contract rate and a market rate. Contract rates don't exist...it's all lies and B.S...
3-12-2021 Intel Guru MarkZ [via PDK] [Is this our weekend? I still think it will be on 3/21/21 what do you think?] based on the chatter probably right before. The news on HCL clearing in Iraq is still prevalent in their press…Keep buckled up…I think we are in the end days of this happening. …If anything happens over this weekend I will come screaming back with breaking news.
3-12-2021 Newshound/Intel Guru Walkingstick [via Frank] Question: [Once it's 1 to 1 inside Iraq does Forex recognize the Iraqi dinar as 1 to 1 with the American dollar?] Yes...phase one at the onset 1 to 1 is not only for domestic's use but it's for the international rate as well...when it enters phase two and conclusion in phase three about maybe 8 months later you're going to see an increase by the CBI internally and externally as it gains momentum in the international markets...
3-12-2021 Intel Guru Frank26 It's carved in titanium. There is a time that they are now gong to give them the new small category notes and new exchange rate. It's within arm's reach...It's that second phase and third phase where you will be on your own. You need financial advice...That first part is going to be easy. The majority of people are going to run to the bank and exchange...but it would behoove you to consider phase two and three...I think 75% to 80% of us will exchange at the beginning and the other 20/30 percent will ride this out to see where it reaches and where it's capped...IMO phase two, based on how much time they give them [to turn in 3 zero notes], will tell you when it's going to reach that apex...
3-12-2021 Intel Guru Footforward ...I have stressed this a number of times that the rate cannot be a dollar in my opinion...Its not likely they allow people to set up bank accounts in Iraqi dinar and just let it sit there and increase in value...And I really very much disagree with this whole idea of a low rate and then increase over time...
3-12-2021 Newshound/Intel Guru Walkingstick [via Frank26] the HCL is being pushed dramatically right now. I mean it's being shoved. It's being pushed...and it's extremely important for us to understand the value of that because the HCL is going to allow the new exchange rate to come out...pushing the HCL is telling you and me as investors that they are very very close...
3-12-2021 Newshound Guru Clare Frank [Guru Frank26]...taught about the 3 phases. In ph1 at 1-1, will we be able to exchange then, or do we need to wait for ph2 higher rate? YOU CAN EXCHANGE IN PHASE #1 IF YOU CHOOSE TO...THE RATE WILL BE INTERNATIONAL AT 1-1. IT WOULD BE YOUR CHOICE TO WAIT FOR A HIGHER RATE IF YOU WANT TO OR NOT. imo. I WOULD LIKE TO POINT OUT...FRANK [Guru Frank26] SAID THE $4.25 WAS THE CAP INTERNATIONALLY IN HIS OPINION... AFTER THE 1-1 AT THE ONSET, THERE WILL BE ANOTHER RATE INCREASE INSIDE OF IRAQ. FRANK SAID THE RATE & TIMEFRAME WAS UNKNOWN OF THAT 2ND INCREASE...imo.
3-12-2021 Newshound Guru Kaperoni ...There is no RV. The only way the dinar will go up in value is with the success of the private sector. Iraq needs to continue to pass laws that are critical to the growth of the economy. Only with significant investment and the development of a private sector will the dinar begin to go up in value. There are no shortcuts...
3-12-2021 Newshound Guru Jeff There are no "tiers". That's a scam. There isn't two different rates. You don't have a contract rate and a market rate. Contract rates don't exist...it's all lies and B.S...
3-12-2021 Intel Guru MarkZ [via PDK] [Is this our weekend? I still think it will be on 3/21/21 what do you think?] based on the chatter probably right before. The news on HCL clearing in Iraq is still prevalent in their press…Keep buckled up…I think we are in the end days of this happening. …If anything happens over this weekend I will come screaming back with breaking news.
3-12-2021 Newshound/Intel Guru Walkingstick [via Frank] Question: [Once it's 1 to 1 inside Iraq does Forex recognize the Iraqi dinar as 1 to 1 with the American dollar?] Yes...phase one at the onset 1 to 1 is not only for domestic's use but it's for the international rate as well...when it enters phase two and conclusion in phase three about maybe 8 months later you're going to see an increase by the CBI internally and externally as it gains momentum in the international markets...
3-12-2021 Intel Guru Frank26 It's carved in titanium. There is a time that they are now gong to give them the new small category notes and new exchange rate. It's within arm's reach...It's that second phase and third phase where you will be on your own. You need financial advice...That first part is going to be easy. The majority of people are going to run to the bank and exchange...but it would behoove you to consider phase two and three...I think 75% to 80% of us will exchange at the beginning and the other 20/30 percent will ride this out to see where it reaches and where it's capped...IMO phase two, based on how much time they give them [to turn in 3 zero notes], will tell you when it's going to reach that apex...
3-12-2021 Intel Guru Footforward ...I have stressed this a number of times that the rate cannot be a dollar in my opinion...Its not likely they allow people to set up bank accounts in Iraqi dinar and just let it sit there and increase in value...And I really very much disagree with this whole idea of a low rate and then increase over time...
3-12-2021 Newshound/Intel Guru Walkingstick [via Frank26] the HCL is being pushed dramatically right now. I mean it's being shoved. It's being pushed...and it's extremely important for us to understand the value of that because the HCL is going to allow the new exchange rate to come out...pushing the HCL is telling you and me as investors that they are very very close...
3-12-2021 Newshound Guru Clare Frank [Guru Frank26]...taught about the 3 phases. In ph1 at 1-1, will we be able to exchange then, or do we need to wait for ph2 higher rate? YOU CAN EXCHANGE IN PHASE #1 IF YOU CHOOSE TO...THE RATE WILL BE INTERNATIONAL AT 1-1. IT WOULD BE YOUR CHOICE TO WAIT FOR A HIGHER RATE IF YOU WANT TO OR NOT. imo. I WOULD LIKE TO POINT OUT...FRANK [Guru Frank26] SAID THE $4.25 WAS THE CAP INTERNATIONALLY IN HIS OPINION... AFTER THE 1-1 AT THE ONSET, THERE WILL BE ANOTHER RATE INCREASE INSIDE OF IRAQ. FRANK SAID THE RATE & TIMEFRAME WAS UNKNOWN OF THAT 2ND INCREASE...imo.
3-12-2021 Newshound Guru Kaperoni ...There is no RV. The only way the dinar will go up in value is with the success of the private sector. Iraq needs to continue to pass laws that are critical to the growth of the economy. Only with significant investment and the development of a private sector will the dinar begin to go up in value. There are no shortcuts...
3-11-2021 Intel Guru Frank26 The moment the Iraqi dinar inside of Iraq goes up in value because they have lifted the 3 zeros off their exchange rate...the Real Effective Exchange Rate will be applied to the Iraqi dinar externally...they are about to give the citizens of Iraq the new small category notes at a 1 to 1 rate for their currency...not only domestically but internationally ...I think in about 8 month approximately give or take you will see not a 1 to 1 rate anymore...it walks toward the REER [Real Effective Exchange Rate]...
3-11-2021 Newshound/Intel Guru Mnt Goat Article: "AL-HALBOUSI: PRESENT THE BUDGET TO A VOTE SOON, AND WE WILL PROCEED WITH THE LEGISLATION OF THE OIL AND GAS LAW" I have always said that Iraq will need to fully implement their new constitution of 2005 no matter what this means prior to the reinstatement of their currency. There is not much more to do. We know they need a referendum for the Article 140 part to settle how these disputed pieces will be managed and who will manage them. There is also the infamous oil and gas law. Both of these are now in their final stages and we should finally see them. There is also the court reforms that are expected...
3-11-2021 Newshound Guru Pimpy Article: "Member of Parliament on the exchange rate of the dollar: It will continue until this date" What? Is there a date for the rate? Quote: "...calls for a reduction or restoration of the exchange rate to its previous state." ...what does this mean? ...some people think it means restoring it to its previous rate of $3.22 for every dinar...It isn't very clear here...IMO a jump that big at this moment would be a bad move...It would cause the collapse of the dinar jumping to the $3.22 rate. Not quite yet. Let's let them get things going and then let's see what happens. Restoring it back to the 1190 level I can see that...yes you guys can make all kinds of arguments both ways about what the rate should be. I understand that... does that mean it will never change? No...it could change by next month that's the thing, we have to watch what they do...When Kuwait went to change their dinars they told people it wouldn't happen for years then it happened two days later...
3-11-2021 Intel Guru MarkZ [via PDK] Well, if you are following any news from Iraq you should be excited…they are ramming HCL (Hydro Carbon Law) through so they can change their value…. I have talked to a couple contacts on the ground inside Iraq and HCL is being pushed and they are trying very hard to have a new value within the next 2 weeks. Even all my redemption center people are on call now…on standby for now and for the weekend…they need to be able to report to the centers within a couple of hours. …things are getting exciting…
3-11-2021 Newshound Guru Jeff "The House of Representatives completes voting on the Federal Court Bill" They've had attempts to pass this Federal court Law for a very long time over many many years...It's part of the basket of suspended laws...it's also linked and timed with the rate change. It can only happen in close proximity to the rate change. Last week they finished 6 out of 10 parts...yesterday they finished the last 4 sections. At this time the Federal Court Bill has been completely passed and approved...that's huge progress...Iraq is now graduating back to the international world...
3-11-2021 Intel Guru Frank26 Question: [The Bank of International Settlements - the central bank of all central banks and it is a requirement by the BIS that they be notified within a certain amount of time (and that fluctuates) as to when a country is going to change their currency rate...Has the BIS been notified of the imminent rate change of Iraq?] In my opinion yes.
3-11-2021 Intel Guru Bruce [via WiserNow] You know...by now that Iraq could have done their thing many times over...but they – and...Central Bank of Iraq – is the governing body that controls the rate of the Dinar...However – even though Iraq is considered a sovereign nation now – they are still subject to the Treasury of the United States to more or less give them the go ahead as to when to release the new rate...today we find that Iraq has a I think the term “deadline’...There’s a theoretical deadline let’s call it for Iraq to do this on Sunday the 14th...I have heard of a window that was given to me today that took us from tonight to all the way to Saturday – and this is from a really good source...So – we have a lot to look forward to this week – I believe we are in really good shape for this to go now...we do know that the rates are going to be fantastic – I think even a little better than we thought...
3-11-2021 Newshound/Intel Guru Mnt Goat Article: "AL-HALBOUSI: PRESENT THE BUDGET TO A VOTE SOON, AND WE WILL PROCEED WITH THE LEGISLATION OF THE OIL AND GAS LAW" I have always said that Iraq will need to fully implement their new constitution of 2005 no matter what this means prior to the reinstatement of their currency. There is not much more to do. We know they need a referendum for the Article 140 part to settle how these disputed pieces will be managed and who will manage them. There is also the infamous oil and gas law. Both of these are now in their final stages and we should finally see them. There is also the court reforms that are expected...
3-11-2021 Newshound Guru Pimpy Article: "Member of Parliament on the exchange rate of the dollar: It will continue until this date" What? Is there a date for the rate? Quote: "...calls for a reduction or restoration of the exchange rate to its previous state." ...what does this mean? ...some people think it means restoring it to its previous rate of $3.22 for every dinar...It isn't very clear here...IMO a jump that big at this moment would be a bad move...It would cause the collapse of the dinar jumping to the $3.22 rate. Not quite yet. Let's let them get things going and then let's see what happens. Restoring it back to the 1190 level I can see that...yes you guys can make all kinds of arguments both ways about what the rate should be. I understand that... does that mean it will never change? No...it could change by next month that's the thing, we have to watch what they do...When Kuwait went to change their dinars they told people it wouldn't happen for years then it happened two days later...
3-11-2021 Intel Guru MarkZ [via PDK] Well, if you are following any news from Iraq you should be excited…they are ramming HCL (Hydro Carbon Law) through so they can change their value…. I have talked to a couple contacts on the ground inside Iraq and HCL is being pushed and they are trying very hard to have a new value within the next 2 weeks. Even all my redemption center people are on call now…on standby for now and for the weekend…they need to be able to report to the centers within a couple of hours. …things are getting exciting…
3-11-2021 Newshound Guru Jeff "The House of Representatives completes voting on the Federal Court Bill" They've had attempts to pass this Federal court Law for a very long time over many many years...It's part of the basket of suspended laws...it's also linked and timed with the rate change. It can only happen in close proximity to the rate change. Last week they finished 6 out of 10 parts...yesterday they finished the last 4 sections. At this time the Federal Court Bill has been completely passed and approved...that's huge progress...Iraq is now graduating back to the international world...
3-11-2021 Intel Guru Frank26 Question: [The Bank of International Settlements - the central bank of all central banks and it is a requirement by the BIS that they be notified within a certain amount of time (and that fluctuates) as to when a country is going to change their currency rate...Has the BIS been notified of the imminent rate change of Iraq?] In my opinion yes.
3-11-2021 Intel Guru Bruce [via WiserNow] You know...by now that Iraq could have done their thing many times over...but they – and...Central Bank of Iraq – is the governing body that controls the rate of the Dinar...However – even though Iraq is considered a sovereign nation now – they are still subject to the Treasury of the United States to more or less give them the go ahead as to when to release the new rate...today we find that Iraq has a I think the term “deadline’...There’s a theoretical deadline let’s call it for Iraq to do this on Sunday the 14th...I have heard of a window that was given to me today that took us from tonight to all the way to Saturday – and this is from a really good source...So – we have a lot to look forward to this week – I believe we are in really good shape for this to go now...we do know that the rates are going to be fantastic – I think even a little better than we thought...
3-10-2021 Newshound/Intel Guru Mnt Goat ...remember that the 2021 budget is not yet passed thus not yet opened. We could still have an opportunity to see the revaluation and reinstatement. I know it is March already and far from early January but what matters the most is that they have not yet opened the new budget and spent it. Once they do this we are in trouble if they have not yet moved on the PROJECT TO DELETE THE ZEROS and the revaluation part of the process...
3-10-2021 Newshound Guru Walkingstick [via Frank26] The HCL is being pushed dramatically right now. I mean it's being shoved. It's being pushed though and it's extremely important for us to understand the value of that because the HCL is going to allow the new exchange rate to come out...pushing the HCL is telling you and me as investors that they are very very close...
3-10-2021 Intel Guru Footforward [I was under the impression that there would be two rates one domestic in Iraq and a different rate international?] there will not be two different rates. That's been misinformation for a long time. You can't have two different rates. It doesn't work like that. Where people get confused is...that they will exchange dinar for US dollars on a one-to-one basis in country. That's not a rate that's just a note exchange. And in country they can do whatever sort of exchange they want. That should not be mistaken for a rate.
3-10-2021 Intel Guru MarkZ [via PDK] The news out of Iraq guys…wow, they are really pushing for it…they are going to drag this thing through kicking and screaming… The rest of the world cannot afford not to go when they go…hell or high water - Iraq is changing the value of their currency and forces the rest of the world to catch up...do things look fantastic…do they look like they are pushing forward? Yes… The biggest news right now is what is coming out of Iraq.
3-10-2021 Intel Guru Frank26 The meetings that we told you about between the FAB 4 before they raise the value...are really picking up the pace. It's really moving fast...in the last meeting Saturday they talked about the small category notes. They also talked about the Real Effective Exchange Rate...regarding the meeting about the new small category notes - that one is done. Regarding the meeting about the new exchange rate - that one is done...
3-10-2021 Newshound Guru Pimpy You don't need humanitarian projects, you don't need to go to redemption centers, you don't need to take your dinar and turn it in to anybody. So when they say they have these...they want you to give them your dinars because they're getting 'contract rates' that's really skittish. Be careful...don't get focused on just an announcement. There are other things we can be watching out for that would allow the Iraqi dinar to increase in value...Strong economy. Increase in Federal Reserves. Increase in gold holding. Decrease in money supply... [post 2 of 2]
3-10-2021 Newshound Guru Pimpy Many people are asking me, 'Hey Pimpy When do you think the RI/RV is going to happen? Will it be announced? What do you think the rate is going to be?' We don't do rates and we don't do dates. There's a reason for it. Because no body knows. Everything is speculation... there could be an announcement of an RV or an RI at anytime. No one knows. I don't care if you're talking about backroom screens, redemption centers on standby, waiting for magic codes, all that crap. I don't care what they say, it's all bull shit. [Post 1 of 2....stay tuned]
3-10-2021 Newshound Guru Jeff Article: "Al-Kazemi: We have succeeded in crossing the economic crisis and an international readiness to support Iraq in reform" Remember these reforms can only be launched and implemented after Iraq has changed their rate. That's why since last year they're still talking about reforms...anything that costs money within the reforms can only be launched and implemented after the rate change...That's why the bulk of the reform is still pending and outstanding because it's waiting on the rate change. That level of reforms requires Iraq's currency to be internationally recognized...
3-10-2021 Intel Guru Footforward [I believe you said in the past it has to come out min at 3.50$ right?] that is my opinion yes.
3-10-2021 Newshound/Intel Guru Petra It's just mind boggling to think of every step, every person, every integration, electronic integration, everything that had to be done to bring us to this point has just been absolutely amazing...the infrastructure they've built is absolutely phenomenal...the great thing is this is going to take them to a whole new level which they can build their country to be a recognized entity in the international markets...
3-10-2021 Newshound/Intel Guru Mnt Goat Article: "REPRESENTATIVE ECONOMIC: THE CONDITIONS ARE READY TO ADJUST THE EXCHANGE RATE AND THE OIL BARREL IN THE BUDGET" Quote: "...Al-Faily said, "THE CONDITIONS ARE IN PLACE TO RESTORE OR REDUCE THE EXCHANGE RATE OF THE DOLLAR AGAINST THE IRAQI DINAR IN THE DRAFT BUDGET" this article...is powerful. They are telling us that now that the “economic conditions are ready” they are ready to adjust the exchange rate. No more excuses. But they need the new rate in the budget. I know for a fact they will never put the rate in the budget until it is all completed. So Al-Faily knows what he knows but not what the CBI will ever do for security reasons.
3-10-2021 Newshound Guru MilitiaMan A process had to be brought fourth...a currency reform is complex...It's not an easy task to do what they're doing. They have to set up things. They've got decisions that need to be made. They have to set the stage for the economy to be able to do this. And they have to have components of psychology involved because the people can't adjust... ultimately they had to get everything in order...kicking the can? ...or were they really just stalling for the system to be in place? ...eventually they've got to finish it...I think the 2021 budget, the Kurds, Hydro Carbon Law - they're all waiting for the same thing - the time to get that phone call saying show up. It's show time!
3-10-2021 Newshound Guru Walkingstick [via Frank26] The HCL is being pushed dramatically right now. I mean it's being shoved. It's being pushed though and it's extremely important for us to understand the value of that because the HCL is going to allow the new exchange rate to come out...pushing the HCL is telling you and me as investors that they are very very close...
3-10-2021 Intel Guru Footforward [I was under the impression that there would be two rates one domestic in Iraq and a different rate international?] there will not be two different rates. That's been misinformation for a long time. You can't have two different rates. It doesn't work like that. Where people get confused is...that they will exchange dinar for US dollars on a one-to-one basis in country. That's not a rate that's just a note exchange. And in country they can do whatever sort of exchange they want. That should not be mistaken for a rate.
3-10-2021 Intel Guru MarkZ [via PDK] The news out of Iraq guys…wow, they are really pushing for it…they are going to drag this thing through kicking and screaming… The rest of the world cannot afford not to go when they go…hell or high water - Iraq is changing the value of their currency and forces the rest of the world to catch up...do things look fantastic…do they look like they are pushing forward? Yes… The biggest news right now is what is coming out of Iraq.
3-10-2021 Intel Guru Frank26 The meetings that we told you about between the FAB 4 before they raise the value...are really picking up the pace. It's really moving fast...in the last meeting Saturday they talked about the small category notes. They also talked about the Real Effective Exchange Rate...regarding the meeting about the new small category notes - that one is done. Regarding the meeting about the new exchange rate - that one is done...
3-10-2021 Newshound Guru Pimpy You don't need humanitarian projects, you don't need to go to redemption centers, you don't need to take your dinar and turn it in to anybody. So when they say they have these...they want you to give them your dinars because they're getting 'contract rates' that's really skittish. Be careful...don't get focused on just an announcement. There are other things we can be watching out for that would allow the Iraqi dinar to increase in value...Strong economy. Increase in Federal Reserves. Increase in gold holding. Decrease in money supply... [post 2 of 2]
3-10-2021 Newshound Guru Pimpy Many people are asking me, 'Hey Pimpy When do you think the RI/RV is going to happen? Will it be announced? What do you think the rate is going to be?' We don't do rates and we don't do dates. There's a reason for it. Because no body knows. Everything is speculation... there could be an announcement of an RV or an RI at anytime. No one knows. I don't care if you're talking about backroom screens, redemption centers on standby, waiting for magic codes, all that crap. I don't care what they say, it's all bull shit. [Post 1 of 2....stay tuned]
3-10-2021 Newshound Guru Jeff Article: "Al-Kazemi: We have succeeded in crossing the economic crisis and an international readiness to support Iraq in reform" Remember these reforms can only be launched and implemented after Iraq has changed their rate. That's why since last year they're still talking about reforms...anything that costs money within the reforms can only be launched and implemented after the rate change...That's why the bulk of the reform is still pending and outstanding because it's waiting on the rate change. That level of reforms requires Iraq's currency to be internationally recognized...
3-10-2021 Intel Guru Footforward [I believe you said in the past it has to come out min at 3.50$ right?] that is my opinion yes.
3-10-2021 Newshound/Intel Guru Petra It's just mind boggling to think of every step, every person, every integration, electronic integration, everything that had to be done to bring us to this point has just been absolutely amazing...the infrastructure they've built is absolutely phenomenal...the great thing is this is going to take them to a whole new level which they can build their country to be a recognized entity in the international markets...
3-10-2021 Newshound/Intel Guru Mnt Goat Article: "REPRESENTATIVE ECONOMIC: THE CONDITIONS ARE READY TO ADJUST THE EXCHANGE RATE AND THE OIL BARREL IN THE BUDGET" Quote: "...Al-Faily said, "THE CONDITIONS ARE IN PLACE TO RESTORE OR REDUCE THE EXCHANGE RATE OF THE DOLLAR AGAINST THE IRAQI DINAR IN THE DRAFT BUDGET" this article...is powerful. They are telling us that now that the “economic conditions are ready” they are ready to adjust the exchange rate. No more excuses. But they need the new rate in the budget. I know for a fact they will never put the rate in the budget until it is all completed. So Al-Faily knows what he knows but not what the CBI will ever do for security reasons.
3-10-2021 Newshound Guru MilitiaMan A process had to be brought fourth...a currency reform is complex...It's not an easy task to do what they're doing. They have to set up things. They've got decisions that need to be made. They have to set the stage for the economy to be able to do this. And they have to have components of psychology involved because the people can't adjust... ultimately they had to get everything in order...kicking the can? ...or were they really just stalling for the system to be in place? ...eventually they've got to finish it...I think the 2021 budget, the Kurds, Hydro Carbon Law - they're all waiting for the same thing - the time to get that phone call saying show up. It's show time!
3-9-2021 Newshound Guru Pimpy Article: "Al-Halbousi directs to include the budget bill next Monday" I think we are at a place right now where this negotiation is going to get finalized between Erbil and Baghdad and you're going to see shortly after that the budget go ahead and passed. Something about the presence of the pope changed people's views on things and they decided to start cooperating which is very good...
3-9-2021 Newshound/Intel Guru Mnt Goat ...March is going to be a very significant month for everyone everywhere. This week I took the time to call my contact person in the CBI. I am told the IMF just completed a week-long high-level meeting with to finalize the project to delete the zeros and just how they plan to roll it out...Why would they do this now? Also, in this meeting they talked rates for the in-country revaluation and then the later reinstatement. The rates are rising as oil is rising to over $70+ a barrel. I was reminded by my contact that they will soon be no longer dependent on the currency auctions. This was fantastic news as I know what this means. They have not yet used the Buna system but are fully functional and tied into it...
3-9-2021 Intel Guru MarkZ [via PDK] We are in a good spot right now…sit tight…we are awfully close to the end of this...the folks on the ground in Iraq are also expecting it [a major announcement about their currency] within the next few weeks. In Iraq they very much expect a new value before April 1st. Even Mr. C [Guru Mike Cottrell] thinks we could go at any moment…i would not be surprised to get a call at any moment.
3-9-2021 Newshound/Intel Guru Petra Because there is a huge amount of infrastructure that was necessary to bring this whole thing together and now looking in hindsight...we see the requirements what were necessary for the premise 'It can not fail with the citizens.'...there was no true "kicking the can". It was the development of the infrastructure that was necessary so it would be successful...a lot of work had to be done...to make it work. And to make it clear no more shenanigans can go on inside Iraq banks and markets. It's going to be a clear transparent system by which currencies and businesses can transact in the world we call Iraq.
3-9-2021 Newshound/Intel Guru Walkingstick [via Frank26] Number one...They have a time frame that is solid...the onset of 1 to 1 is for the citizens domestically because a dinar is a dinar but it's also for the International world... Number two represents an adjustment in the exchange rate of 1 to 1 when the CBI reaches a certain assigned benchmark of collecting the 3-zero notes. They need to collect a particular number...of notes and a particular value...before the second increase in the exchange rate... Number three is the conclusion of #1 and #2...the time frame is unknown. We don't know how long it will take them to collect the 3-zero notes...Number 4 Internationally IMO I see this thing capping at $4.25...IMO about 8 months for it to reach that cap. You gotta know when to hold'em and when to fold'em... [Post 2 of 2]
3-9-2021 Newshound/Intel Guru Walkingstick [via Frank26] One of the many meetings going on is with the IMF at an executive level with the banks of Iraq on the subject of the new exchange rate and the new small category notes...they were presented multiple exchange rates...when they tell the citizens the new rate and they show them the new notes - it's the onset. 1. At the onset they will release their currency at the 1 to 1 rate (In the very near proximal future). 2. The CBI has been given a benchmark to collect a certain amount of the 3 zero notes...the time frame is not carved in stone... 3. These meetings are to conclude the re-denomination of the new small category notes. [post 1 of 2....stay tuned]
3-9-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAABI CALLS FOR A SERIOUS AND URGENT STOP TO RETURN TO THE PREVIOUS DOLLAR EXCHANGE RATE" Just so much news about the exchange rate. Yes, lots of pressure from all directions to finally go back to a normalized rate and off the sole de facto peg of the US dollar. It is time. It will happen. I can not give you a time as I do not know, but I do know they are discussing it and making plans for it in 2021 not 2022.
3-9-2021 Intel Guru Frank26 ...The international world has been set up to enter Iraq. We can see the articles. The international world would not dare enter Iraq if they have not been in Article 8, if all the UN sanctions had not been removed, if they didn't have protection for their currency...they are article 8 and that's why counties are coming into Iraq. Because they lifted the value of their currency, whether it be on the secondary books electronically or whatever. It's been done...the international world is ready to come into Iraq. That screams a new rate...IMO 1-2-3 this is it!
3-9-2021 Intel Guru MarkZ [via PDK] [Does the market need to crash before we see the RV?] ...not necessarily…a crash of course would force the issue…but we have been seeing corrections in our markets already. Bond markets are approaching 2% and I was told when they hit 3% then there would be an implosion and a reset. So do we have to see one…no…but will we see a crash because they keep dragging their feet…there is a good chance...The market crash should happen after we exchange…
3-9-2021 Newshound/Intel Guru Mnt Goat ...March is going to be a very significant month for everyone everywhere. This week I took the time to call my contact person in the CBI. I am told the IMF just completed a week-long high-level meeting with to finalize the project to delete the zeros and just how they plan to roll it out...Why would they do this now? Also, in this meeting they talked rates for the in-country revaluation and then the later reinstatement. The rates are rising as oil is rising to over $70+ a barrel. I was reminded by my contact that they will soon be no longer dependent on the currency auctions. This was fantastic news as I know what this means. They have not yet used the Buna system but are fully functional and tied into it...
3-9-2021 Intel Guru MarkZ [via PDK] We are in a good spot right now…sit tight…we are awfully close to the end of this...the folks on the ground in Iraq are also expecting it [a major announcement about their currency] within the next few weeks. In Iraq they very much expect a new value before April 1st. Even Mr. C [Guru Mike Cottrell] thinks we could go at any moment…i would not be surprised to get a call at any moment.
3-9-2021 Newshound/Intel Guru Petra Because there is a huge amount of infrastructure that was necessary to bring this whole thing together and now looking in hindsight...we see the requirements what were necessary for the premise 'It can not fail with the citizens.'...there was no true "kicking the can". It was the development of the infrastructure that was necessary so it would be successful...a lot of work had to be done...to make it work. And to make it clear no more shenanigans can go on inside Iraq banks and markets. It's going to be a clear transparent system by which currencies and businesses can transact in the world we call Iraq.
3-9-2021 Newshound/Intel Guru Walkingstick [via Frank26] Number one...They have a time frame that is solid...the onset of 1 to 1 is for the citizens domestically because a dinar is a dinar but it's also for the International world... Number two represents an adjustment in the exchange rate of 1 to 1 when the CBI reaches a certain assigned benchmark of collecting the 3-zero notes. They need to collect a particular number...of notes and a particular value...before the second increase in the exchange rate... Number three is the conclusion of #1 and #2...the time frame is unknown. We don't know how long it will take them to collect the 3-zero notes...Number 4 Internationally IMO I see this thing capping at $4.25...IMO about 8 months for it to reach that cap. You gotta know when to hold'em and when to fold'em... [Post 2 of 2]
3-9-2021 Newshound/Intel Guru Walkingstick [via Frank26] One of the many meetings going on is with the IMF at an executive level with the banks of Iraq on the subject of the new exchange rate and the new small category notes...they were presented multiple exchange rates...when they tell the citizens the new rate and they show them the new notes - it's the onset. 1. At the onset they will release their currency at the 1 to 1 rate (In the very near proximal future). 2. The CBI has been given a benchmark to collect a certain amount of the 3 zero notes...the time frame is not carved in stone... 3. These meetings are to conclude the re-denomination of the new small category notes. [post 1 of 2....stay tuned]
3-9-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAABI CALLS FOR A SERIOUS AND URGENT STOP TO RETURN TO THE PREVIOUS DOLLAR EXCHANGE RATE" Just so much news about the exchange rate. Yes, lots of pressure from all directions to finally go back to a normalized rate and off the sole de facto peg of the US dollar. It is time. It will happen. I can not give you a time as I do not know, but I do know they are discussing it and making plans for it in 2021 not 2022.
3-9-2021 Intel Guru Frank26 ...The international world has been set up to enter Iraq. We can see the articles. The international world would not dare enter Iraq if they have not been in Article 8, if all the UN sanctions had not been removed, if they didn't have protection for their currency...they are article 8 and that's why counties are coming into Iraq. Because they lifted the value of their currency, whether it be on the secondary books electronically or whatever. It's been done...the international world is ready to come into Iraq. That screams a new rate...IMO 1-2-3 this is it!
3-9-2021 Intel Guru MarkZ [via PDK] [Does the market need to crash before we see the RV?] ...not necessarily…a crash of course would force the issue…but we have been seeing corrections in our markets already. Bond markets are approaching 2% and I was told when they hit 3% then there would be an implosion and a reset. So do we have to see one…no…but will we see a crash because they keep dragging their feet…there is a good chance...The market crash should happen after we exchange…
3-8-2021 Newshound Guru Jeff I knew in my gut they would have to have some type of celebration event before they do go international...you may not have realized it but the pope being in Iraq was actually that big celebration event. It was the grand finale before Iraq does revalue the currency... Article: "The Pope's visit to Iraq restored the country to its international status" ...this is huge. This is powerful.
3-8-2021 Newshound Guru Pimpy Article: "Kissinger: Biden must uphold Trump Administration's "Brilliant" Policy in the Middle East" ...What? I couldn't believe it! Trump tried to bring peace to the Middle East. Kissinger supporting this makes me kind of nervous...whenever these people support anything you got to get weary about it. I'm a huge supporter of Trump but I pray to God that I don't find out that this guy was secretly somehow some way the boogeyman...whenever Kissinger agrees with you that's kind of a scary thing...
3-8-2021 Intel Guru MarkZ [via PDK] [What makes people think the dong rate will be between .47 and $2.27?] Most people get that based on a reinstatement of currency. If they reinstate their currency it would be about $2.21 or so…just re-establishing the value to where it was before they devalued it. The .47 cents showed on a lot of bank screens all over the world a few years ago when it seemed that we were very close before….
3-8-2021 Newshound Guru Jeff They're not going to approve the budget...until Saturday March 20th. This is becoming so predictable. They're gonna do the budget 24 hours before they change the rate. It's that simple...
3-8-2021 Intel Guru MarkZ [via PDK] A lot of chatter in Iraq over the weekend as they have met all of their obligations and are ready to adjust their value...it feels like Groundhog Day but last week in Iraq they did pass some key pieces of legislation with their white papers and the budget…we are right on the cusp of this happening…it is just painful because nobody knows the exact timing…
3-8-2021 Newshound Guru Jeff Article: "Representative economic: The conditions are ready to adjust the exchange rate and the oil barrel in the budget" This is a great article...Iraq hasn't revealed the true price of oil to you nor have they shown you the true dinar amount contained in that budget...They're hiding those numbers and figures from you so you cannot see that this budget is linked to the rate change...we're in a great position. This ride's over in about two Sundays IMO...
3-8-2021 Intel Guru Footforward [Wouldn’t it be great to get the RV when crypto goes back into the bear market. Imagine buying that dip.] It is the plan.
3-8-2021 Newshound Guru Pimpy Article: "Kissinger: Biden must uphold Trump Administration's "Brilliant" Policy in the Middle East" ...What? I couldn't believe it! Trump tried to bring peace to the Middle East. Kissinger supporting this makes me kind of nervous...whenever these people support anything you got to get weary about it. I'm a huge supporter of Trump but I pray to God that I don't find out that this guy was secretly somehow some way the boogeyman...whenever Kissinger agrees with you that's kind of a scary thing...
3-8-2021 Intel Guru MarkZ [via PDK] [What makes people think the dong rate will be between .47 and $2.27?] Most people get that based on a reinstatement of currency. If they reinstate their currency it would be about $2.21 or so…just re-establishing the value to where it was before they devalued it. The .47 cents showed on a lot of bank screens all over the world a few years ago when it seemed that we were very close before….
3-8-2021 Newshound Guru Jeff They're not going to approve the budget...until Saturday March 20th. This is becoming so predictable. They're gonna do the budget 24 hours before they change the rate. It's that simple...
3-8-2021 Intel Guru MarkZ [via PDK] A lot of chatter in Iraq over the weekend as they have met all of their obligations and are ready to adjust their value...it feels like Groundhog Day but last week in Iraq they did pass some key pieces of legislation with their white papers and the budget…we are right on the cusp of this happening…it is just painful because nobody knows the exact timing…
3-8-2021 Newshound Guru Jeff Article: "Representative economic: The conditions are ready to adjust the exchange rate and the oil barrel in the budget" This is a great article...Iraq hasn't revealed the true price of oil to you nor have they shown you the true dinar amount contained in that budget...They're hiding those numbers and figures from you so you cannot see that this budget is linked to the rate change...we're in a great position. This ride's over in about two Sundays IMO...
3-8-2021 Intel Guru Footforward [Wouldn’t it be great to get the RV when crypto goes back into the bear market. Imagine buying that dip.] It is the plan.
3-7-2021 Intel Guru MarkZ [via PDK] Trump, Warren buffet, our own US Treasury has trillions in Iraqi currency …if it was a scam why would these prominent people and institutions hold this if it was a scam? The sky is not falling. This has always been a “when” not an “if” …Wish we knew the “when” but it’s close.
3-7-2021 Newshound Guru Adam Montana Things are still cruising along nicely. In addition to everything else I could share, I decided to just pick one topic... OIL. The HCL, or "Hydro Carbon Law", is a key element in Iraq's eventual ReValuation of their currency exchange rate. In simple terms... when they finalize the agreement on how the profits will be shared, via the HCL, we are either past the RV date or it's a different kind of "soon", like immediately or tomorrow. OIL was at $61.53 when I did my last update. I stated then that we only really need OIL to be in the $40+ range for the logistics of the RV to work, so $61.53 was very encouraging. Do you know where OIL is right now? $66.26... BOOM!!!...GO RRRVVV!!!
3-7-2021 Newshound Guru Jeff Article: "The British Ambassador: Iraq will witness a great openness to the world". Why is he saying this? He knows that Iraq is on the cusp of going international again. That's why the pope arrived on Friday...He's telling you Iraq is preparing to open up to the world again. This type of information did not start coming forward until the [2/20 Saleh] article by the #2 man of the Central Bank. Saleh told you Iraq was on the brink of economic recovery...
3-7-2021 Intel Guru Mike Cottrell [via PDK] [Is there anything we are still waiting for or do you think it could be “any moment”.] I think it could be any moment…I think sometime this month they have to kick it off. We are very close.
3-7-2021 Newshound Guru Jeff Article: "Mazhar Saleh: Iraq is on the brink of economic recovery" [2-20-2021] ...this is the new pattern of articles...putting an emphasis on changing Iraq's exchange rate. This new pattern...started roughly in the last two weeks...after this article...Saleh is the number 2 guy at the Central Bank...when he or the CBI talks that's when you listen...since he brought this to you...that's when you have seen all the new articles talking about adjusting Iraq's exchange rate going forward. It all started after this article almost exactly 30 days before March 21st. Patterns are very important. You want to pay attention...
3-7-2021 Newshound/Intel Guru Mnt. Goat Article: "THE LAST PAGES OF SUBJUGATING THE STATE OF IRAQ...SUBJUGATING THE IRAQI DINAR" Quote: "...PREPARATION FOR THE NEXT STAGE, WHICH IS THE NEW GLOBAL ECONOMIC SYSTEM." So here it is said so let there be no doubt the purpose of what the CBI has done to temporarily devalue the dinar to 1450. Getting these notes out of circulation is needed in “preparation for the next state, which is the new global economic system”. In other words global IQD currency, the reinstatement. Do you need anymore proof?
3-7-2021 Newshound Guru Pimpy People are asking me about the rate... Nobody knows...It's all speculation. I know people like to equivocal what happened over there in Kuwait with Iraq...There's huge differences...One is the length of time in-between when Kuwait devalued their currency to when it was revalued...Also the amount of Iraqi dinar...out in circulation is way bigger than what was going on over there in Kuwait. Having said that, that doesn't mean it's not going to happen. I'm just saying, people go around saying this is the same exact thing. I was one of those people. There were a lot of similarities between them but then when you start taking other factors into consideration that all play a part in what the dinar rate is going to be...
3-7-2021 Newshound Guru Adam Montana Things are still cruising along nicely. In addition to everything else I could share, I decided to just pick one topic... OIL. The HCL, or "Hydro Carbon Law", is a key element in Iraq's eventual ReValuation of their currency exchange rate. In simple terms... when they finalize the agreement on how the profits will be shared, via the HCL, we are either past the RV date or it's a different kind of "soon", like immediately or tomorrow. OIL was at $61.53 when I did my last update. I stated then that we only really need OIL to be in the $40+ range for the logistics of the RV to work, so $61.53 was very encouraging. Do you know where OIL is right now? $66.26... BOOM!!!...GO RRRVVV!!!
3-7-2021 Newshound Guru Jeff Article: "The British Ambassador: Iraq will witness a great openness to the world". Why is he saying this? He knows that Iraq is on the cusp of going international again. That's why the pope arrived on Friday...He's telling you Iraq is preparing to open up to the world again. This type of information did not start coming forward until the [2/20 Saleh] article by the #2 man of the Central Bank. Saleh told you Iraq was on the brink of economic recovery...
3-7-2021 Intel Guru Mike Cottrell [via PDK] [Is there anything we are still waiting for or do you think it could be “any moment”.] I think it could be any moment…I think sometime this month they have to kick it off. We are very close.
3-7-2021 Newshound Guru Jeff Article: "Mazhar Saleh: Iraq is on the brink of economic recovery" [2-20-2021] ...this is the new pattern of articles...putting an emphasis on changing Iraq's exchange rate. This new pattern...started roughly in the last two weeks...after this article...Saleh is the number 2 guy at the Central Bank...when he or the CBI talks that's when you listen...since he brought this to you...that's when you have seen all the new articles talking about adjusting Iraq's exchange rate going forward. It all started after this article almost exactly 30 days before March 21st. Patterns are very important. You want to pay attention...
3-7-2021 Newshound/Intel Guru Mnt. Goat Article: "THE LAST PAGES OF SUBJUGATING THE STATE OF IRAQ...SUBJUGATING THE IRAQI DINAR" Quote: "...PREPARATION FOR THE NEXT STAGE, WHICH IS THE NEW GLOBAL ECONOMIC SYSTEM." So here it is said so let there be no doubt the purpose of what the CBI has done to temporarily devalue the dinar to 1450. Getting these notes out of circulation is needed in “preparation for the next state, which is the new global economic system”. In other words global IQD currency, the reinstatement. Do you need anymore proof?
3-7-2021 Newshound Guru Pimpy People are asking me about the rate... Nobody knows...It's all speculation. I know people like to equivocal what happened over there in Kuwait with Iraq...There's huge differences...One is the length of time in-between when Kuwait devalued their currency to when it was revalued...Also the amount of Iraqi dinar...out in circulation is way bigger than what was going on over there in Kuwait. Having said that, that doesn't mean it's not going to happen. I'm just saying, people go around saying this is the same exact thing. I was one of those people. There were a lot of similarities between them but then when you start taking other factors into consideration that all play a part in what the dinar rate is going to be...
3-6-2021 Intel Guru Frank26 They are going to reveal the Real Effective Exchange Rate (REER) and they're going to show them the face value of the new small category notes. This is what we've been calling the second article from the CBI for a very long time.
3-6-2021 Intel Guru MarkZ [via PDK] [What about taxes on currencies?] …almost all of the folks I know that have been involved in this for a long time with the gold treaty …and my contacts that are very involved with the new banking system have repeatedly told me that there is not supposed to be a tax on this... [NOTE: Consult your tax professionals at the appropriate time.]
3-6-2021 Intel Guru Footforward The timing of the Asian basket completely is dependent on Vietnam. As is whether or not the middle East and the Asian basket going together. If Vietnam comes to an agreement that other parties can get on board with then we will see the two baskets go together.
3-6-2021 Intel Guru Mike Cottrell [via PDK] The old protocols had the baskets…now it will basically all go at once when I put the codes in…we have to have all the currencies on “gold backed parity” across the world. Those countries that are not ready will be put to the side to qualify later.
3-6-2021 Newshound Guru Pimpy Here's a biggie. Article: "Oil prices jump 5% ... Brent is above $67" ...spring isn't even here yet, we're already at $67...when it comes to the currency obviously if you budget for $45 a barrel and your entire budget's based on that assumption and it's much higher you get much more higher revenue which allows for the deficit to get paid off quicker, allows for a lot more money to be used to build up the private sectors. These all benefit the Iraqi dinar as the economy begins to grow. So yeah that's exciting news...
3-6-2021 Intel Guru Frank26 We are blessed that our teams, [Guru] Walkingstick, has a relationship with a firm in Iraq...that has a very good working relationship with the GOI and the CBI...the owners of that firm...two own banks. One of them owns 4 banks in Jordan and the other one owns two banks in Iraq. When the CBI wants to make a move with the monetary reform who you gonna tell? Bank owners in Iraq. Once the CBI has a meeting with these people and they tell them what the next step is, that's public knowledge. Eventually you see it in Articles. But most of the time we share it with you before you see it in articles...we've been proven correct at a very high rate...
3-6-2021 Intel Guru MarkZ [via PDK] There is a lot of talk about separate baskets again…I hear everything will go at once except a few countries that are not ready will be allowed to float…
3-6-2021 Intel Guru MarkZ [via PDK] [What about taxes on currencies?] …almost all of the folks I know that have been involved in this for a long time with the gold treaty …and my contacts that are very involved with the new banking system have repeatedly told me that there is not supposed to be a tax on this... [NOTE: Consult your tax professionals at the appropriate time.]
3-6-2021 Intel Guru Footforward The timing of the Asian basket completely is dependent on Vietnam. As is whether or not the middle East and the Asian basket going together. If Vietnam comes to an agreement that other parties can get on board with then we will see the two baskets go together.
3-6-2021 Intel Guru Mike Cottrell [via PDK] The old protocols had the baskets…now it will basically all go at once when I put the codes in…we have to have all the currencies on “gold backed parity” across the world. Those countries that are not ready will be put to the side to qualify later.
3-6-2021 Newshound Guru Pimpy Here's a biggie. Article: "Oil prices jump 5% ... Brent is above $67" ...spring isn't even here yet, we're already at $67...when it comes to the currency obviously if you budget for $45 a barrel and your entire budget's based on that assumption and it's much higher you get much more higher revenue which allows for the deficit to get paid off quicker, allows for a lot more money to be used to build up the private sectors. These all benefit the Iraqi dinar as the economy begins to grow. So yeah that's exciting news...
3-6-2021 Intel Guru Frank26 We are blessed that our teams, [Guru] Walkingstick, has a relationship with a firm in Iraq...that has a very good working relationship with the GOI and the CBI...the owners of that firm...two own banks. One of them owns 4 banks in Jordan and the other one owns two banks in Iraq. When the CBI wants to make a move with the monetary reform who you gonna tell? Bank owners in Iraq. Once the CBI has a meeting with these people and they tell them what the next step is, that's public knowledge. Eventually you see it in Articles. But most of the time we share it with you before you see it in articles...we've been proven correct at a very high rate...
3-6-2021 Intel Guru MarkZ [via PDK] There is a lot of talk about separate baskets again…I hear everything will go at once except a few countries that are not ready will be allowed to float…
3-5-2021 Newshound Guru Jeff ...the rate's gonna do nothing but keep going [up]...it's up to you if you want to rush to exchange it. I'm not. I will not be rushing to exchange my currency. I'm gonna take my sweet time. There's no reason to rush this. It's a once-in-a-lifetime opportunity...
3-5-2021 Intel Guru Bruce [via WiserNow] I am convinced it will NEVER happen – UNTIL –until the US says go ahead and put it out...our contact in Fallujah...said that he would let us know Saturday or Sunday morning what happened with the rate...could they change it on Saturday in time to make the change for business on Sunday? ...it doesn’t mean it’s going to happen then – it’s our next window if you will – for a change of the Iraqi Dinar...we are still on a very close day by day... so let’s just stay patient...and we look forward for this blessing to come through... [post 2 of 2]
3-5-2021 Intel Guru Bruce [via WiserNow] ...I told you Tuesday that the faucets were starting to be turned off as far as intel – at least from some of the bank sources we have – they have all but gone away...they all have disappeared...people are on zip lip/lock jaw...or a Gag Order – NDA’s – you know – it’s getting tight...this is kinda of a good thing –It’s a good indicator because in one sense even though we are not getting any information it looks like we are very very close...what we thought would happen on... Tuesday night...was that Iraq was supposed to come out with their new rate - whether it was in the budget – whether it was actually brought out – and put up on screens – so that we would see it – that did not happen... [post 1 of 2....stay tuned]
3-5-2021 Intel Guru Frank26 Article: "The International Monetary reveals the conditions or granting loans and confirms its support for the white paper and changing the exchange rate" Do you see the power in what I'm showing you? I hope you do...the white papers I've told you a billion and a one times contains the new exchange rate...
3-5-2021 Intel Guru MarkZ [via PDK] On the banking side they have been asked to stay in place this weekend …there is a tremendous amount of chatter...that they could see things happen in the next 2 days. And yes…they will work on weekends...Probably the most important news is out of Iraq…it should give you the warm fuzzies...talks about how they have approved their white papers, the budget and the change in exchange rate…Now that they have passed those things - when will they pull the trigger- we don’t know.
3-5-2021 Newshound Guru Jeff One thing that my long timers will remember...every time we get close to a potential time period where the rate was where we thought the rate might change we've always see articles talking about a large basket of suspended laws - the Federal Court Law, Article 140, HCL and so forth. These basket of suspended laws are simply waiting on the rate change. They just keep kicking this basket down the road because these laws are all waiting on the rate change. When you see these laws come up tell yourself you're close to the rate change. They actually approved a portion of one of the laws today [Federal Court Law]. It was huge...this law has been waiting a long time...
3-5-2021 Intel Guru Frank26 ...If it [the dong] was to go up in value it would go up dramatically. It would start at a very small level. Probably about .05 to .07 cents. I know there are people on the internet saying the Vietnamese dong has a chance to go up .47 cents. Nah, that's too big of a jump...the dong has potential. There's no doubt but it's not numero uno. I don't see the IMF talking about the Vietnamese dong. Everybody knows the dong has great potential. That's very good to know...
3-5-2021 Newshound/Intel Guru Mnt Goat The status of the RV has not changed since...Tuesday... We are still waiting for the budget to be passed and the political issues of the US to be addressed. Yes, we still have a chance to see an RV within Iraq but if they open and begin to spend the budget we are less and less likely to see the RV anytime soon at that point... But it is moving along and we will see the landslide. The landslide has begun only the momentum has not yet picked up as we would like to see.
3-5-2021 Intel Guru MarkZ [via PDK] [Do you know what the taxes were on Kuwaits currency exchange in the 1990’s?] I was told by someone who was involved with it…it was just a currency exchange and currency exchanges were not taxed…so there was no taxes at that time.
3-5-2021 Newshound Guru Pimpy I still think in 2021 we will see some rate changes in the positive direction for us. As far as an announcement on an RI or RV whatever you want to choose, is it possible? Yes of course it is. There are a lot of factors out there that help the economy rebound - Oil prices going up. The deficit reducing. The economy recovering. Reconstruction ...take the good, the bad and the ugly. Stay grounded...watching the Iraqi government recover. Their economy recover and then watch them slowly but surely strengthen the dinar against the US dollar...
3-5-2021 Intel Guru Bruce [via WiserNow] I am convinced it will NEVER happen – UNTIL –until the US says go ahead and put it out...our contact in Fallujah...said that he would let us know Saturday or Sunday morning what happened with the rate...could they change it on Saturday in time to make the change for business on Sunday? ...it doesn’t mean it’s going to happen then – it’s our next window if you will – for a change of the Iraqi Dinar...we are still on a very close day by day... so let’s just stay patient...and we look forward for this blessing to come through... [post 2 of 2]
3-5-2021 Intel Guru Bruce [via WiserNow] ...I told you Tuesday that the faucets were starting to be turned off as far as intel – at least from some of the bank sources we have – they have all but gone away...they all have disappeared...people are on zip lip/lock jaw...or a Gag Order – NDA’s – you know – it’s getting tight...this is kinda of a good thing –It’s a good indicator because in one sense even though we are not getting any information it looks like we are very very close...what we thought would happen on... Tuesday night...was that Iraq was supposed to come out with their new rate - whether it was in the budget – whether it was actually brought out – and put up on screens – so that we would see it – that did not happen... [post 1 of 2....stay tuned]
3-5-2021 Intel Guru Frank26 Article: "The International Monetary reveals the conditions or granting loans and confirms its support for the white paper and changing the exchange rate" Do you see the power in what I'm showing you? I hope you do...the white papers I've told you a billion and a one times contains the new exchange rate...
3-5-2021 Intel Guru MarkZ [via PDK] On the banking side they have been asked to stay in place this weekend …there is a tremendous amount of chatter...that they could see things happen in the next 2 days. And yes…they will work on weekends...Probably the most important news is out of Iraq…it should give you the warm fuzzies...talks about how they have approved their white papers, the budget and the change in exchange rate…Now that they have passed those things - when will they pull the trigger- we don’t know.
3-5-2021 Newshound Guru Jeff One thing that my long timers will remember...every time we get close to a potential time period where the rate was where we thought the rate might change we've always see articles talking about a large basket of suspended laws - the Federal Court Law, Article 140, HCL and so forth. These basket of suspended laws are simply waiting on the rate change. They just keep kicking this basket down the road because these laws are all waiting on the rate change. When you see these laws come up tell yourself you're close to the rate change. They actually approved a portion of one of the laws today [Federal Court Law]. It was huge...this law has been waiting a long time...
3-5-2021 Intel Guru Frank26 ...If it [the dong] was to go up in value it would go up dramatically. It would start at a very small level. Probably about .05 to .07 cents. I know there are people on the internet saying the Vietnamese dong has a chance to go up .47 cents. Nah, that's too big of a jump...the dong has potential. There's no doubt but it's not numero uno. I don't see the IMF talking about the Vietnamese dong. Everybody knows the dong has great potential. That's very good to know...
3-5-2021 Newshound/Intel Guru Mnt Goat The status of the RV has not changed since...Tuesday... We are still waiting for the budget to be passed and the political issues of the US to be addressed. Yes, we still have a chance to see an RV within Iraq but if they open and begin to spend the budget we are less and less likely to see the RV anytime soon at that point... But it is moving along and we will see the landslide. The landslide has begun only the momentum has not yet picked up as we would like to see.
3-5-2021 Intel Guru MarkZ [via PDK] [Do you know what the taxes were on Kuwaits currency exchange in the 1990’s?] I was told by someone who was involved with it…it was just a currency exchange and currency exchanges were not taxed…so there was no taxes at that time.
3-5-2021 Newshound Guru Pimpy I still think in 2021 we will see some rate changes in the positive direction for us. As far as an announcement on an RI or RV whatever you want to choose, is it possible? Yes of course it is. There are a lot of factors out there that help the economy rebound - Oil prices going up. The deficit reducing. The economy recovering. Reconstruction ...take the good, the bad and the ugly. Stay grounded...watching the Iraqi government recover. Their economy recover and then watch them slowly but surely strengthen the dinar against the US dollar...
3-4-2021 Intel Guru RayRen98 Iraqi news implies that the budget will be voted on next week...Several US banks are sharing the same "expected" future rates (basically)...Iraqi Dinar $3.71 (with $28.50 as the "contract" rate)... Vietnamese Dong .47¢ - $6.00...They're "saying" they expect to see something happen on or by Friday evening. Time Will Tell.
3-4-2021 Intel Guru Footforward [...Is there reason to not exchange all your currency? If we hold some back will we be able to exchange later?] Some people feel it will go higher over time. I think they give us 30-45 days to exchange our notes. I'm not waiting. With stock markets and crypto markets down, there is alot more money to be made then your would make for just waiting for a higher rate. Sometimes you need to leave a little bit on the table to take the better deal. [NOTE: Be sure to consult your professional financial advisors at the appropriate time.]
3-4-2021 Intel Guru MarkZ [via PDK] In Iraq they are trying to get finished ...this week. I just havn't seen as much news as I had hoped. [With all the rocket attacks in Iraq…how can they possibly revalue?] Iraq’s fundamentals and mechanics are good for their currency…imo they are going to keep having unrest like this until they have a new value for their currency. They are unhappy with one side fighting each other they should have abundance and they don’t…they have scarcity. Imo you will not have peace there until there is a new value there. They have enough stability to pull that trigger…they have enough backing for their currency...
3-4-2021 Newshound Guru Jeff Isn't the news just amazing right now. We are just in the best time frame and position we've ever been in. I'm at such peace with this and very encouraged. Article: "Apostolic Journey of His Holiness Pope Francis To Iraq" ...this is very encouraging. This confirms to us that Iraq is going international...
3-4-2021 Newshound Guru Pimpy Article: "For the third day in a row..The Central Bank of Iraq sales recorded decrease in the currency auction" I told you this year they will phase this out. It looks like they're already aggressively doing it. The auctions will cease forever this year.
3-4-2021 Intel Guru Frank26 It was rather brilliant to lower the value...and now they're telling them 'we're going to now increase the value.' You see reducing it was for a reason. And increasing it is also for a reason. In the near proximal future they are going to tell them why they are about to have an increase in their currency...
3-4-2021 Intel Guru MarkZ [via PDK] [Will exchanges happen on Sundays too?] I am told yes…if it occurs late in the week or on a weekend. They want us in and out the door quickly. [Are you still feeling it will be in March from all your contacts?] Yes I am still feeling it will be in March.
3-4-2021 Newshound Guru Jeff Government of Iraq Tweet "Setting a new exchange rate for the Iraqi dinar against the US dollar is part of the economic reform program adopted by the @IraqiGovt, which films to address the immediate financial crisis and placing the Iraqi economy on a sustainable path." ...They devalued the currency on December 20th. 90 days would take us to Sunday March 21st...they started talking about increasing the exchange rate of the dinar against the dollar about a week ago Monday...wow!...
3-4-2021 Intel Guru Bruce [via WiserNow] ...what’s happening and what we’re seeing today is that some of the intel faucets are being turned off to where sometimes there is only a drip coming out of the faucet... the good news portion of that is that when things get tight – when people become tight lipped or zip lipped – and not allowed to share – under a NDA or a GAG order - they have just literally been told not to communicate – that’s a very good sign that things are close...That is probably the best indicator that we are right there – almost ready to start...
3-4-2021 Intel Guru Footforward [...Is there reason to not exchange all your currency? If we hold some back will we be able to exchange later?] Some people feel it will go higher over time. I think they give us 30-45 days to exchange our notes. I'm not waiting. With stock markets and crypto markets down, there is alot more money to be made then your would make for just waiting for a higher rate. Sometimes you need to leave a little bit on the table to take the better deal. [NOTE: Be sure to consult your professional financial advisors at the appropriate time.]
3-4-2021 Intel Guru MarkZ [via PDK] In Iraq they are trying to get finished ...this week. I just havn't seen as much news as I had hoped. [With all the rocket attacks in Iraq…how can they possibly revalue?] Iraq’s fundamentals and mechanics are good for their currency…imo they are going to keep having unrest like this until they have a new value for their currency. They are unhappy with one side fighting each other they should have abundance and they don’t…they have scarcity. Imo you will not have peace there until there is a new value there. They have enough stability to pull that trigger…they have enough backing for their currency...
3-4-2021 Newshound Guru Jeff Isn't the news just amazing right now. We are just in the best time frame and position we've ever been in. I'm at such peace with this and very encouraged. Article: "Apostolic Journey of His Holiness Pope Francis To Iraq" ...this is very encouraging. This confirms to us that Iraq is going international...
3-4-2021 Newshound Guru Pimpy Article: "For the third day in a row..The Central Bank of Iraq sales recorded decrease in the currency auction" I told you this year they will phase this out. It looks like they're already aggressively doing it. The auctions will cease forever this year.
3-4-2021 Intel Guru Frank26 It was rather brilliant to lower the value...and now they're telling them 'we're going to now increase the value.' You see reducing it was for a reason. And increasing it is also for a reason. In the near proximal future they are going to tell them why they are about to have an increase in their currency...
3-4-2021 Intel Guru MarkZ [via PDK] [Will exchanges happen on Sundays too?] I am told yes…if it occurs late in the week or on a weekend. They want us in and out the door quickly. [Are you still feeling it will be in March from all your contacts?] Yes I am still feeling it will be in March.
3-4-2021 Newshound Guru Jeff Government of Iraq Tweet "Setting a new exchange rate for the Iraqi dinar against the US dollar is part of the economic reform program adopted by the @IraqiGovt, which films to address the immediate financial crisis and placing the Iraqi economy on a sustainable path." ...They devalued the currency on December 20th. 90 days would take us to Sunday March 21st...they started talking about increasing the exchange rate of the dinar against the dollar about a week ago Monday...wow!...
3-4-2021 Intel Guru Bruce [via WiserNow] ...what’s happening and what we’re seeing today is that some of the intel faucets are being turned off to where sometimes there is only a drip coming out of the faucet... the good news portion of that is that when things get tight – when people become tight lipped or zip lipped – and not allowed to share – under a NDA or a GAG order - they have just literally been told not to communicate – that’s a very good sign that things are close...That is probably the best indicator that we are right there – almost ready to start...
3-3-2021 Intel Guru MarkZ [via PDK] [2 sites are claiming there are 3 baskets…middle east, Aisia and west…what are your thoughts?] There used to be multiple baskets…We have been told they moved this to a “one and go” event…they are all moved together into one. I ran this up every flagpole I know and they all agree…all baskets will be going at the same time. There may be a few countries held out because they are not ready and they will have to “float” to catch up…that is what I have been told.
3-3-2021 Newshound/Intel Guru Mnt. Goat Article: "THE LAST PAGES OF SUBJUGATING THE STATE OF IRAQ ...SUBJUGATING THE IRAQI DINAR" Quote: "TO WITHDRAW CASH FROM THE PEOPLE, WHICH EXCEEDS THE FINANCIAL POTENTIAL OF THE STATE, AS IT IS KNOWN THAT THE MONETARY PROPERTIES IN CIRCULATION..." They are telling us...the need to shrink the money supply...then why are they doing this? ...This is being done for what comes next, the global currency. If you shrink the money supply then each dinar is worth more, get it?
3-3-2021 Intel Guru Footforward [It feels very close to me. But after 10 years I’m cautious...does it feel close to you?] I've been saying for some time I feel this is the time and season. So much is coming together now.
3-3-2021 Intel Guru Frank26 ...the closing of the auctions was amazing - powerful for our investment...the closing of the federal reserves was the same thing...
3-3-2021 Newshound Guru Jeff Friday...I said Iraq most likely will not complete the budget until Saturday March 20th...24 hours before they change their rate...that way they can hide the budget figures from you. Article: "New statement from the Minister of Finance regarding income tax, exchange rate and salaries of 2021" Quote: "Allawi issued a new statement regarding changing the exchange rate of the dollar in the '21 budget...we do not know the final form of the general budget amended by Parliament". They just told you they're hiding the figures from you and they have not publicly shown you the real true budget...Mark my words. They're most likely going to approve the 20 ['21?] budget on Saturday March 20th...
3-3-2021 Intel Guru RayRen98 Several banks have reported seeing rates on their screens and our Treasury contacts are now confirming such sightings. Some banks reported fluctuating rates throughout last week and then stabilizing for the past two days. The bank staffers and Treasury are convinced that we are at an "ANY MINUTE NOW" type of status, but TIME WILL TELL!!!
3-3-2021 Intel Guru MarkZ [via PDK] Yes it is true…we started seeing rates again in the banks…one day last week we saw them for about 18 hours…showed at $15...something…may be a place holder…and now more banks are starting to see currencies are showing with rates…currencies that weren’t even listed before…and included in this of course is the dinar. Rates are fluctuating a good bit since the first time we saw them a week or so ago…it was in the $15 dollar range now it is fluctuating…I have been told the rates bounced around between $9 and $18…Are these rates place holders? I don’t know…but are we close? I certainly think so. Stay grounded…it could happen 2 minutes from now or 3 weeks…nobody knows. Iraq parliament continues to meet…pushing to close out their budget and a new rate is expected to be in there of course...
3-3-2021 Newshound/Intel Gurus Walkingstick and Frank26 [Frank speaking for the CBI to the Citizens of Iraq] ...citizens of Iraq you still have dinar in mattress don't you. That's ok...the 1000, the 500, whatever you have - they're still going to coexist but only for a certain time frame Iraqi citizens...GOI you go ahead and use the 50k and the 100k for business. 3. The CBI will also discuss in these articles to the citizens what was agreed upon with the new exchange rate and the REER (the Real Effective Exchange Rate)... 4. These meetings are still ongoing. They will continue even after the value of the Iraq dinar goes up and pegs to the American dollar. These meetings will continue to make sure that everything is according to what they all agreed upon. Praise God. [post 2 of 2]
3-3-2021 Newshound/Intel Gurus Walkingstick and Frank26 ...IOO this week or at the start of next week you're going to start seeing more articles from the CBI. 1. The first articles that will be coming...is an affirmation of the meetings that the CBI has been having with what we call the Fab Four. These meeting are still ongoing. 2. Once you see these article of an affirmation about these meetings and their agreements of what they are going to do with their monetary reform, a few days later after that you've going to see more articles from the CBI with information on the face value of the new small category notes... [post 1 of 2...stay tuned]
3-3-2021 Intel Guru MarkZ [via PDK] [...heard the Dong is NOT going in the same basket as the Dinar...it will go with the Asian basket...] I hope you are right but don’t believe you are…. Iraq holds a crazy amount of Vietnamese dong in its foreign currency reserves and Vietnam holds a crazy amount of dinar in theirs…it would create a global economic imbalance if they do not go at the same time.
3-3-2021 Newshound Guru Jeff At this point in time what are we looking for? Iraq has one step left...for them to literally complete the '21 budget before they change the rate. Are there any unique signs or patterns pertaining to the approval process of the '21 budget? Yes there is. It strongly appears as though Iraq is intentionally delaying and dragging out the budget so that they can hide its figures from us...IMO Iraq might change their rate on Sunday March 21st. One of the patterns we're looking for to help confirm that time period is we're looking for them to delay the '21 budget clear until possible Saturday March 20th...we need to watch that step and see how it plays out...
3-3-2021 Newshound/Intel Guru Mnt Goat ... Todays news is all about the budget and the refusal of the Kurdistan region to accept solutions presented to them. What do they want? They want a budget the recognizes and supports the people in the regions of article 140. They also want the oil and gas law... they have had enough of promises and want ACTION...they are also VERY upset over the devaluation of the dinar that took place in December. This move nearly destroyed their economy in Kurdistan...They want the full 17% plus the extra % under article 140. Under the law would guarantee them this but where is the law?
3-3-2021 Newshound/Intel Guru Mnt. Goat Article: "THE LAST PAGES OF SUBJUGATING THE STATE OF IRAQ ...SUBJUGATING THE IRAQI DINAR" Quote: "TO WITHDRAW CASH FROM THE PEOPLE, WHICH EXCEEDS THE FINANCIAL POTENTIAL OF THE STATE, AS IT IS KNOWN THAT THE MONETARY PROPERTIES IN CIRCULATION..." They are telling us...the need to shrink the money supply...then why are they doing this? ...This is being done for what comes next, the global currency. If you shrink the money supply then each dinar is worth more, get it?
3-3-2021 Intel Guru Footforward [It feels very close to me. But after 10 years I’m cautious...does it feel close to you?] I've been saying for some time I feel this is the time and season. So much is coming together now.
3-3-2021 Intel Guru Frank26 ...the closing of the auctions was amazing - powerful for our investment...the closing of the federal reserves was the same thing...
3-3-2021 Newshound Guru Jeff Friday...I said Iraq most likely will not complete the budget until Saturday March 20th...24 hours before they change their rate...that way they can hide the budget figures from you. Article: "New statement from the Minister of Finance regarding income tax, exchange rate and salaries of 2021" Quote: "Allawi issued a new statement regarding changing the exchange rate of the dollar in the '21 budget...we do not know the final form of the general budget amended by Parliament". They just told you they're hiding the figures from you and they have not publicly shown you the real true budget...Mark my words. They're most likely going to approve the 20 ['21?] budget on Saturday March 20th...
3-3-2021 Intel Guru RayRen98 Several banks have reported seeing rates on their screens and our Treasury contacts are now confirming such sightings. Some banks reported fluctuating rates throughout last week and then stabilizing for the past two days. The bank staffers and Treasury are convinced that we are at an "ANY MINUTE NOW" type of status, but TIME WILL TELL!!!
3-3-2021 Intel Guru MarkZ [via PDK] Yes it is true…we started seeing rates again in the banks…one day last week we saw them for about 18 hours…showed at $15...something…may be a place holder…and now more banks are starting to see currencies are showing with rates…currencies that weren’t even listed before…and included in this of course is the dinar. Rates are fluctuating a good bit since the first time we saw them a week or so ago…it was in the $15 dollar range now it is fluctuating…I have been told the rates bounced around between $9 and $18…Are these rates place holders? I don’t know…but are we close? I certainly think so. Stay grounded…it could happen 2 minutes from now or 3 weeks…nobody knows. Iraq parliament continues to meet…pushing to close out their budget and a new rate is expected to be in there of course...
3-3-2021 Newshound/Intel Gurus Walkingstick and Frank26 [Frank speaking for the CBI to the Citizens of Iraq] ...citizens of Iraq you still have dinar in mattress don't you. That's ok...the 1000, the 500, whatever you have - they're still going to coexist but only for a certain time frame Iraqi citizens...GOI you go ahead and use the 50k and the 100k for business. 3. The CBI will also discuss in these articles to the citizens what was agreed upon with the new exchange rate and the REER (the Real Effective Exchange Rate)... 4. These meetings are still ongoing. They will continue even after the value of the Iraq dinar goes up and pegs to the American dollar. These meetings will continue to make sure that everything is according to what they all agreed upon. Praise God. [post 2 of 2]
3-3-2021 Newshound/Intel Gurus Walkingstick and Frank26 ...IOO this week or at the start of next week you're going to start seeing more articles from the CBI. 1. The first articles that will be coming...is an affirmation of the meetings that the CBI has been having with what we call the Fab Four. These meeting are still ongoing. 2. Once you see these article of an affirmation about these meetings and their agreements of what they are going to do with their monetary reform, a few days later after that you've going to see more articles from the CBI with information on the face value of the new small category notes... [post 1 of 2...stay tuned]
3-3-2021 Intel Guru MarkZ [via PDK] [...heard the Dong is NOT going in the same basket as the Dinar...it will go with the Asian basket...] I hope you are right but don’t believe you are…. Iraq holds a crazy amount of Vietnamese dong in its foreign currency reserves and Vietnam holds a crazy amount of dinar in theirs…it would create a global economic imbalance if they do not go at the same time.
3-3-2021 Newshound Guru Jeff At this point in time what are we looking for? Iraq has one step left...for them to literally complete the '21 budget before they change the rate. Are there any unique signs or patterns pertaining to the approval process of the '21 budget? Yes there is. It strongly appears as though Iraq is intentionally delaying and dragging out the budget so that they can hide its figures from us...IMO Iraq might change their rate on Sunday March 21st. One of the patterns we're looking for to help confirm that time period is we're looking for them to delay the '21 budget clear until possible Saturday March 20th...we need to watch that step and see how it plays out...
3-3-2021 Newshound/Intel Guru Mnt Goat ... Todays news is all about the budget and the refusal of the Kurdistan region to accept solutions presented to them. What do they want? They want a budget the recognizes and supports the people in the regions of article 140. They also want the oil and gas law... they have had enough of promises and want ACTION...they are also VERY upset over the devaluation of the dinar that took place in December. This move nearly destroyed their economy in Kurdistan...They want the full 17% plus the extra % under article 140. Under the law would guarantee them this but where is the law?
3-2-2021 Intel Guru Frank26 ...The Vietnamese dong is no longer under the thumb of China. China would tell Vietnam you can't do this. You can't export that. Gotta do this, that. Now Vietnam is exploding. Their GDP, economy is exploding. There's not much China can do about it and the reason why is China is going digitally with their currency and so is Vietnam. China is about to let go of Vietnam and let Vietnam do what it wants. I think Vietnam wants to enter an Asian basket. A lot of people are saying the Vietnamese dong is going to be in a basket with the Iraqi dinar. No! The Iraqi dinar is going to be in a basket with Middle Eastern currency. The Vietnamese currency will be in a basket with Asian currency...
3-2-2021 Intel Guru Footforward [...How many baskets do you think there will be?...If I understand correctly, there will be one strong hub currency in each basket...] From what I've been told there are three baskets currently in play. Every basket has what's called an anchor currency. The one that's going to have the biggest move and basically helps to create what's needed for the other evaluations to happen. The dong is one, it anchors the Asian basket. Even more so now. The Iraqi dinar...anchors the middle East basket. The third basket I can't talk about yet. I may never be able to talk about it publicly...There could be more in time but at the moment there are plans in place for three.
3-2-2021 Intel Guru MarkZ [via PDK] [Kuwait’s RV was on a March 21st…] They do like March for revaluations…taking advantage of the international accounting calendar. Iraq continues to meet in parliament and again, they say they will continue to meet daily until the budget is complete and they have a new value….
3-2-2021 Newshound Guru Pimpy This [Recently discussed tweet from the Iraqi Government] is old. These were the words of the Finance Minister before the rate change happened {When they devalued in December}. There's no date on this tweet...I'm pretty sure this is something that was said sometime in December or at least it was said in an article before the rate change happened when they first were talking about the White Paper reforms. I don't want you to get down. It's not bad news. This is just 'look at everybody jumping on this like they're going to change the rate again' ...slow down sparky. I got you. I remember these words specifically. These were said before they devalued the currency...
3-2-2021 Newshound Guru Jeff They've pretty much almost stopped the currency auctions. Not quite to 100% but there's down to probably about 95% reduction in country. That's tremendous. Remember I told you about the time they devalued the currency clear back on December 20th - this is one of those patterns we were looking for...they have done so. That's just more confirmation they're in the progress of changing that exchange rate.
3-2-2021 Newshound/Intel Guru Petra ...if they were going to have a budget at 1450 or even 1190 they'd have done it. That's what's key to understand. They are waiting for the rate because they know that's what they need to make all the changes.
3-2-2021 Intel Guru Frank26 The Iraqi dinar is pegged to the American Dollar. You may say no it's not. Trust me it is electronically. It's already 1 to 1. I know that's a bold statement to make...the Iraqi dinar is about to play fair with the American dollar. It's pegged to it. It has no choice.
3-2-2021 Newshound Guru Jeff Question: "Is the gain from this exchange rate considered taxable income?" I know a lot of people think this isn't going to be taxable. It's going to be a taxable event guys. We live in the greediest country in the world - the United States. I promise you this will not go untaxed. Plan on paying your taxes and getting on with your life. Keep it legal. Keep it real. [Note: Always consult a tax professional at the appropriate time.]
3-2-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KHALIDI IS SURPRISED THAT THE CABINET HAS FORMED A COMMITTEE TO STUDY THE CONSEQUENCES OF CHANGING THE CURRENCY EXCHANGE RATE" So, is this proposal to change the exchange rate just to change it back to 1250 before the devaluation to 1450 or is it to 1:1 with the US dollar and give the Iraqi dinar the strength it really deserves? I believe, based on other articles... that it is a study to go to 1:1 and then to eventually raise it back to 3:1 and even higher... there is much pressure to finally get this done.
3-2-2021 Intel Guru Footforward [...How many baskets do you think there will be?...If I understand correctly, there will be one strong hub currency in each basket...] From what I've been told there are three baskets currently in play. Every basket has what's called an anchor currency. The one that's going to have the biggest move and basically helps to create what's needed for the other evaluations to happen. The dong is one, it anchors the Asian basket. Even more so now. The Iraqi dinar...anchors the middle East basket. The third basket I can't talk about yet. I may never be able to talk about it publicly...There could be more in time but at the moment there are plans in place for three.
3-2-2021 Intel Guru MarkZ [via PDK] [Kuwait’s RV was on a March 21st…] They do like March for revaluations…taking advantage of the international accounting calendar. Iraq continues to meet in parliament and again, they say they will continue to meet daily until the budget is complete and they have a new value….
3-2-2021 Newshound Guru Pimpy This [Recently discussed tweet from the Iraqi Government] is old. These were the words of the Finance Minister before the rate change happened {When they devalued in December}. There's no date on this tweet...I'm pretty sure this is something that was said sometime in December or at least it was said in an article before the rate change happened when they first were talking about the White Paper reforms. I don't want you to get down. It's not bad news. This is just 'look at everybody jumping on this like they're going to change the rate again' ...slow down sparky. I got you. I remember these words specifically. These were said before they devalued the currency...
3-2-2021 Newshound Guru Jeff They've pretty much almost stopped the currency auctions. Not quite to 100% but there's down to probably about 95% reduction in country. That's tremendous. Remember I told you about the time they devalued the currency clear back on December 20th - this is one of those patterns we were looking for...they have done so. That's just more confirmation they're in the progress of changing that exchange rate.
3-2-2021 Newshound/Intel Guru Petra ...if they were going to have a budget at 1450 or even 1190 they'd have done it. That's what's key to understand. They are waiting for the rate because they know that's what they need to make all the changes.
3-2-2021 Intel Guru Frank26 The Iraqi dinar is pegged to the American Dollar. You may say no it's not. Trust me it is electronically. It's already 1 to 1. I know that's a bold statement to make...the Iraqi dinar is about to play fair with the American dollar. It's pegged to it. It has no choice.
3-2-2021 Newshound Guru Jeff Question: "Is the gain from this exchange rate considered taxable income?" I know a lot of people think this isn't going to be taxable. It's going to be a taxable event guys. We live in the greediest country in the world - the United States. I promise you this will not go untaxed. Plan on paying your taxes and getting on with your life. Keep it legal. Keep it real. [Note: Always consult a tax professional at the appropriate time.]
3-2-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KHALIDI IS SURPRISED THAT THE CABINET HAS FORMED A COMMITTEE TO STUDY THE CONSEQUENCES OF CHANGING THE CURRENCY EXCHANGE RATE" So, is this proposal to change the exchange rate just to change it back to 1250 before the devaluation to 1450 or is it to 1:1 with the US dollar and give the Iraqi dinar the strength it really deserves? I believe, based on other articles... that it is a study to go to 1:1 and then to eventually raise it back to 3:1 and even higher... there is much pressure to finally get this done.
3-1-2021 Newshound Guru Adam Montana ...I know it can be a bit painful to try to decipher the articles, so I'll give you the elevator summary: Things are going well. There is a current discussion on "raising the price of the dollar", which would be bad for Dinar, and the overall sentiment is that they publicly do NOT want to "raise the price of the dollar". (That's a good thing for us!) Part of the reason is due to the current favorable price of oil. And, of course, none of that matters when the HCL goes through. It's been pretty quiet on the HCL front... When the HCL comes, we have an RV either already announced or just around the corner. Until the HCL is done, we wait patiently...I have no doubt that we will reap the dinar windfall... Go Iraq... Go Dinar...GO RRRVVV!!!...
3-1-2021 Intel Guru MarkZ [via PDK] [What is the rate for the dinar?] Well it was around $3.43 or so when they devalued it….so, worse case situation is they “reinstate that value”. If they reinstate that value…and add in inflation imo…that puts the rate around $4 or so…I am still hearing a possible contract rate for us of around $8.00. [What does “contract rate” mean?] We are offered a contract rate…i was told…since we are one of the countries that bore the cost of the war and rebuilding of Iraq we would get a contract rate for our dinar…
3-1-2021 Newshound Guru Jeff Remember I'm not a financial advisor. This is nothing more than my opinion. I strongly feel the rate will come in around the $3.80 range. That's my personal opinion...
3-1-2021 Newshound Guru Pimpy There's definitely without a doubt something going on with the Iraqi dinar. Absolutely there is and all kinds of weird things are pointed to March...nobody can put their finger on it. We're gonna see...I've been trying to figure it out for the last few days...
3-1-2021 Intel Guru MarkZ [via PDK] Happy March 1st…I think this is the month to throw off our shackles…I am excited about this month. Iraq has been busy…they have released a press statement saying that parliament will stay in session until they have finished/wrapped up their budget. It is a mad push and they are in session as we speak. There is so much happening in Iraq to change the value. It could be as soon as today. I would not be surprised if someone were to call me right now and say “it is done!”
3-1-2021 Newshound Guru Adam Montana ...In GOI news, Iraq is muddling through the final stages of the Budget. We don't need the Budget to be complete before an RV, but a "happy agreement" between the Kurds and Baghdad will do a lot to grease the wheels...
3-1-2021 Newshound Guru Jeff Iraq is completely on par with Kuwait. Iraq and Kuwait's fiscal year (I know this for a fact because I've already consulted with the Iraq government) is April through March of the following year. That's why Kuwait changed at the end of April [March?] to accommodate the March fiscal year...If you want to know when Iraq's doing their rate change, they're doing it on the exact same historical Sunday when Kuwait did theirs...Iraq is following in Kuwait's footsteps.
3-1-2021 Intel Guru MarkZ [via PDK] [What is the rate for the dinar?] Well it was around $3.43 or so when they devalued it….so, worse case situation is they “reinstate that value”. If they reinstate that value…and add in inflation imo…that puts the rate around $4 or so…I am still hearing a possible contract rate for us of around $8.00. [What does “contract rate” mean?] We are offered a contract rate…i was told…since we are one of the countries that bore the cost of the war and rebuilding of Iraq we would get a contract rate for our dinar…
3-1-2021 Newshound Guru Jeff Remember I'm not a financial advisor. This is nothing more than my opinion. I strongly feel the rate will come in around the $3.80 range. That's my personal opinion...
3-1-2021 Newshound Guru Pimpy There's definitely without a doubt something going on with the Iraqi dinar. Absolutely there is and all kinds of weird things are pointed to March...nobody can put their finger on it. We're gonna see...I've been trying to figure it out for the last few days...
3-1-2021 Intel Guru MarkZ [via PDK] Happy March 1st…I think this is the month to throw off our shackles…I am excited about this month. Iraq has been busy…they have released a press statement saying that parliament will stay in session until they have finished/wrapped up their budget. It is a mad push and they are in session as we speak. There is so much happening in Iraq to change the value. It could be as soon as today. I would not be surprised if someone were to call me right now and say “it is done!”
3-1-2021 Newshound Guru Adam Montana ...In GOI news, Iraq is muddling through the final stages of the Budget. We don't need the Budget to be complete before an RV, but a "happy agreement" between the Kurds and Baghdad will do a lot to grease the wheels...
3-1-2021 Newshound Guru Jeff Iraq is completely on par with Kuwait. Iraq and Kuwait's fiscal year (I know this for a fact because I've already consulted with the Iraq government) is April through March of the following year. That's why Kuwait changed at the end of April [March?] to accommodate the March fiscal year...If you want to know when Iraq's doing their rate change, they're doing it on the exact same historical Sunday when Kuwait did theirs...Iraq is following in Kuwait's footsteps.
2-28-2021 Newshound Guru MilitiaMan Article: "Zafer Al-Ani: Parliament Will Continue Its Sessions Until The Budget Is Approved" Quote: "the budget has reached its final stages, leaving nothing but the announcement of the agreement with the Kurdistan region regarding the percentage determined for it in the budget and other matters that will be completed within the next few days." Well well well. They are continuing the session tomorrow. The 1st of March. They'll be at it until budget law is approved, so they say. Leaving nothing but an announcement. Well they'll need to announce a rate with that now wouldn't they? ...A new exchange rate can fix many ailments.. imo...
2-28-2021 Newshound Guru Pimpy The problem with us dealing with the dinar is this. In order for the dinar to have any kind of purchasing power or to get any real change on the exchange rate there has to be some stability there. Already all around we're starting to see crap happen. Iran, Syria bombings, missile attacks within Iraq...Biden hasn't even been in office two months and already the shit's falling apart...I don't like the way it looks although there's some good things happening over there in Iraq. The financial grade [B rating] is good. The reserves are building that's good...so there are some good things. I'm just pissed about the way this current administration is too much into bombing crap...You gotta take the good news, bad news, the ugly news. You gotta take it all. Stay grounded.
2-28-2021 Newshound Guru Jeff Question: "How will the Iraqi people prosper from or benefit from the rate change?" ...it gives the Iraqi citizens and the Government of Iraq purchasing power...there's only one way for Iraqi citizens to get rich. They have to keep and exchange the 3 zero notes after the rate change...
2-28-2021 Newshound Guru Adam Montana ...I'm still in daily communications with all of my dinar contacts. I still get my usual briefings from the important people on dinar... The last time I touched on the price of OIL was quite a while ago - I was optimistic even though oil prices were only at $40ish. Where are they today? $61! Which happens to be above where we need them to be for a launch of the RV...
2-28-2021 Newshound Guru Pimpy Article: "The Central Bank Announces A rise In Cash Reserves To More Than 55 Billion Dollars" That's good we want the reserves to be up higher. The higher it goes...it's really good for the currency...It's because one of the thing that gives its strength is the fact that there's a lot of reserves. This is very very good...
2-28-2021 Newshound Guru Jeff Tweet from the Iraqi government: "Setting a new exchange rate for the Iraqi dinar against the U.S. dollar is part of the economic reform program adopted by the @IraqiGovt, which aims to address the immediate financial crisis and placing the Iraqi economy on a sustainable path." Since roughly Monday of this past week is when they starting putting a huge emphasis on the exchange rate as we approach the implementation of the budget and their new fiscal year of April 1st...
2-28-2021 Newshound/Intel Guru Mnt Goat Article: "TO THE EXECUTIVE BRANCH TO THE CENTRAL BANK OF IRAQ PROPOSING THE NEED TO AMEND THE EXCHANGE RATE OF THE IRAQI DINAR TOWARDS THE US DOLLAR" Of course there are many objections to the 1450 devalued rate of the dinar. They people don’t understand fully the reasons behind it. This article is pushing for just what we want... Article quote: "A new EXCHANGE RATE IS REQUIRED FOR THE IRAQI DINAR TOWARDS THE US DOLLAR, WHICH IS ONE DINAR EQUALS ONE US DOLLAR...and work in the future to return a new exchange rate. EACH DINAR EQUALS $3, AS IT WAS PREVIOUSLY." ...With oil expecting to climb way over $100 a barrel Iraq will be swimming in wealth and its an excellent time to do this...
2-28-2021 Newshound Guru Pimpy The problem with us dealing with the dinar is this. In order for the dinar to have any kind of purchasing power or to get any real change on the exchange rate there has to be some stability there. Already all around we're starting to see crap happen. Iran, Syria bombings, missile attacks within Iraq...Biden hasn't even been in office two months and already the shit's falling apart...I don't like the way it looks although there's some good things happening over there in Iraq. The financial grade [B rating] is good. The reserves are building that's good...so there are some good things. I'm just pissed about the way this current administration is too much into bombing crap...You gotta take the good news, bad news, the ugly news. You gotta take it all. Stay grounded.
2-28-2021 Newshound Guru Jeff Question: "How will the Iraqi people prosper from or benefit from the rate change?" ...it gives the Iraqi citizens and the Government of Iraq purchasing power...there's only one way for Iraqi citizens to get rich. They have to keep and exchange the 3 zero notes after the rate change...
2-28-2021 Newshound Guru Adam Montana ...I'm still in daily communications with all of my dinar contacts. I still get my usual briefings from the important people on dinar... The last time I touched on the price of OIL was quite a while ago - I was optimistic even though oil prices were only at $40ish. Where are they today? $61! Which happens to be above where we need them to be for a launch of the RV...
2-28-2021 Newshound Guru Pimpy Article: "The Central Bank Announces A rise In Cash Reserves To More Than 55 Billion Dollars" That's good we want the reserves to be up higher. The higher it goes...it's really good for the currency...It's because one of the thing that gives its strength is the fact that there's a lot of reserves. This is very very good...
2-28-2021 Newshound Guru Jeff Tweet from the Iraqi government: "Setting a new exchange rate for the Iraqi dinar against the U.S. dollar is part of the economic reform program adopted by the @IraqiGovt, which aims to address the immediate financial crisis and placing the Iraqi economy on a sustainable path." Since roughly Monday of this past week is when they starting putting a huge emphasis on the exchange rate as we approach the implementation of the budget and their new fiscal year of April 1st...
2-28-2021 Newshound/Intel Guru Mnt Goat Article: "TO THE EXECUTIVE BRANCH TO THE CENTRAL BANK OF IRAQ PROPOSING THE NEED TO AMEND THE EXCHANGE RATE OF THE IRAQI DINAR TOWARDS THE US DOLLAR" Of course there are many objections to the 1450 devalued rate of the dinar. They people don’t understand fully the reasons behind it. This article is pushing for just what we want... Article quote: "A new EXCHANGE RATE IS REQUIRED FOR THE IRAQI DINAR TOWARDS THE US DOLLAR, WHICH IS ONE DINAR EQUALS ONE US DOLLAR...and work in the future to return a new exchange rate. EACH DINAR EQUALS $3, AS IT WAS PREVIOUSLY." ...With oil expecting to climb way over $100 a barrel Iraq will be swimming in wealth and its an excellent time to do this...
2-27-2021 Intel Guru MarkZ [via PDK] There was a site that put a disclaimer that redemption centers may be a trap…has some of you terrified…they need to stop with the fear mongering. You will be able to exchange with a number of options. All the banks will want your dollars. Stop worrying…there will be plenty of proof and you will not be exchanging in some dark, back ally…exchanges will be done above board in the daylight by professionals. …I am told most information will come from the Treasury.
2-27-2021 Newshound/Intel Guru Mnt Goat Article: "OIL REVIEWS THE FINAL VERSION OF THE DRAFT FEDERAL OIL AND GAS LAW" ...every time Iraq gets close to a revaluation the oil and gas and the article 140 laws comes up in the news. They talk about completing it and how close they are to passing it as law. Coincidence? I don’t think so. ...they need to fully address their new constitution before they can reinstate their currency back to normalcy. They need referendums passed in parliament on both of these constitutional directives prior to going global. Sure, they can set up all the mechanisms to do so over the years, as this takes years. But in parallel to this effort, they must also get these two laws in place.
2-27-2021 Newshound Guru Jeff ...Iraq becoming international, Article 140, HCL, the reconstruction reforms - all that is hinged upon the physical rate changing. Once the rate changes they become international and then all those secondary dominoes will fall right into place...
2-27-2021 Intel Guru Frank26 Question: [Do I need a receipt to go in to exchange my dinars? ...I lost my receipt so I'm afraid to go to a bank without my receipt. Maybe they'll think I stole it. Maybe they'll question me. Maybe they'll ask who bought this - Who does it belong to? I'm worried about it.] No...just my option...You're going to walk into a bank and you're going to present your dinars or you're going to have a representative do that for you. The bank is in the business of exchanging that currency so they can make a profit off of you...They also want to keep you as a customer because once you exchange they want you to keep that money in their bank. The bank has no interest in who bought that dinar...The bank is only there to exchange it and to follow through with their banking services. So when do you need your receipt? IMO you need it for your taxes...if you're ever audited... [Note: Consult your financial advisors at the appropriate time]
2-27-2021 Newshound Guru MilitiaMan Article: "The last pages of subjugating the state of Iraq...subjugating the Iraqi dinar" ...They are telling us they are going into the next phase and the way to do that is raise the value of the exchange rate to be the strongest in the region. They talk about the new global economic system. We have been talking about this for months now and they are now confirming our view! Wow! When they strengthen their currency they will be the first in the region!! Again that is powerful! They are to shift to the DIGITAL CURRENCY... We know they have a new platform for doing that specifically, not only internally but externally, as well with the BUNA. They are definitely talk loud about what is to come. Auctions are not what they used to be... This is looking very very bullish... imo.
2-27-2021 Intel Guru MarkZ [via PDK] [If all currencies are eventually going to parity at 1 to 1…why would I exchange dong for .47cents?] I wouldn’t…I still hear that is the street rate to suck the currency off the street and we will be offered a contract rate of around $2..
2-27-2021 Newshound Guru Jeff Iraq has pretty much at this time stopped the in-country currency auctions of auctioning off the US dollar. At this time they're only auctioning off the US dollar abroad - outside the country of Iraq. They've been doing this for about the last 2 weeks. So at this point the in-country auctions have ceased and ended. This is great for us. This is more confirmation we're inching up on the rate change.
2-27-2021 Newshound/Intel Guru Mnt Goat Article: "OIL REVIEWS THE FINAL VERSION OF THE DRAFT FEDERAL OIL AND GAS LAW" ...every time Iraq gets close to a revaluation the oil and gas and the article 140 laws comes up in the news. They talk about completing it and how close they are to passing it as law. Coincidence? I don’t think so. ...they need to fully address their new constitution before they can reinstate their currency back to normalcy. They need referendums passed in parliament on both of these constitutional directives prior to going global. Sure, they can set up all the mechanisms to do so over the years, as this takes years. But in parallel to this effort, they must also get these two laws in place.
2-27-2021 Newshound Guru Jeff ...Iraq becoming international, Article 140, HCL, the reconstruction reforms - all that is hinged upon the physical rate changing. Once the rate changes they become international and then all those secondary dominoes will fall right into place...
2-27-2021 Intel Guru Frank26 Question: [Do I need a receipt to go in to exchange my dinars? ...I lost my receipt so I'm afraid to go to a bank without my receipt. Maybe they'll think I stole it. Maybe they'll question me. Maybe they'll ask who bought this - Who does it belong to? I'm worried about it.] No...just my option...You're going to walk into a bank and you're going to present your dinars or you're going to have a representative do that for you. The bank is in the business of exchanging that currency so they can make a profit off of you...They also want to keep you as a customer because once you exchange they want you to keep that money in their bank. The bank has no interest in who bought that dinar...The bank is only there to exchange it and to follow through with their banking services. So when do you need your receipt? IMO you need it for your taxes...if you're ever audited... [Note: Consult your financial advisors at the appropriate time]
2-27-2021 Newshound Guru MilitiaMan Article: "The last pages of subjugating the state of Iraq...subjugating the Iraqi dinar" ...They are telling us they are going into the next phase and the way to do that is raise the value of the exchange rate to be the strongest in the region. They talk about the new global economic system. We have been talking about this for months now and they are now confirming our view! Wow! When they strengthen their currency they will be the first in the region!! Again that is powerful! They are to shift to the DIGITAL CURRENCY... We know they have a new platform for doing that specifically, not only internally but externally, as well with the BUNA. They are definitely talk loud about what is to come. Auctions are not what they used to be... This is looking very very bullish... imo.
2-27-2021 Intel Guru MarkZ [via PDK] [If all currencies are eventually going to parity at 1 to 1…why would I exchange dong for .47cents?] I wouldn’t…I still hear that is the street rate to suck the currency off the street and we will be offered a contract rate of around $2..
2-27-2021 Newshound Guru Jeff Iraq has pretty much at this time stopped the in-country currency auctions of auctioning off the US dollar. At this time they're only auctioning off the US dollar abroad - outside the country of Iraq. They've been doing this for about the last 2 weeks. So at this point the in-country auctions have ceased and ended. This is great for us. This is more confirmation we're inching up on the rate change.
2-26-2021 Newshound Guru MilitiaMan They will not be going into a market economy with a devalued currency at 1460... The new exchange rate will need to be applied... One that is the strongest in the region will do it... imo... Setting a new exchange rate is exactly right. It is part of the plan! Has been for years, and it is sure welcomed now...
2-26-2021 Intel Guru Bruce [via WiserNow] I have been told this weekend – Friday – Saturday – Sunday – is going to be an AMAZING Revelatory weekend – Things are really popping...We could get notified - Initially I was told we would be notified Monday and start Tuesday – that may still hold up - however – recent news indicates we might get notified and that means with email notification and 800 numbers could be sooner than that... this looks like we are almost “there” for “GO” time...we know the redemption center staff is readied – with regular schedules for tomorrow – and we are at the point where everything is connected now – and I think everything can move forward...
2-26-2021 Intel Guru Frank26 Article: "Al-Rafidain Bank leaves the seventh Item." What is the 7th item? Chapter 7 of the UN security council. What is it? Handcuffs on their currency...can you say free as a bird? Can you say Iraq is about to legally raise the value of their currency under the IMF/World Bank regulations so they can attend to their obligations not only internally but externally internationally? Quote: "the exit decision came after fulfilling all the bank's financial obligations to international financial institutions." That's article VIII. That's raising the value of their currency... this is huge. This is monstrous. This is article VIII carved in titanium. Free as a bird to do what they want to do. You think they want to stay at a program rate? No...
2-26-2021 Newshound Guru Breitling [Question: If they increase their rate after paying down their debt with this [December 20, 2020] devaluation do you see a dramatic increase quick or slow increase?] There's no way to tell right now. The markets change. Everything changes so quick.
2-26-2021 Newshound Guru Jeff Since the start of the week Iraq has been finally putting an emphasis on their exchange rate. Article: "The Minister of Finance announces measures to support the effects of changing the exchange...and discusses the White Paper procedures" ...they're really now putting an emphasis on the exchange rate and moving it in the correct direction - raising the dinar against the dollar not the dollar against the dinar...everything is coming together right before us...we're in a great position. We just have to sit back, stay patient with it and let it happen...
2-26-2021 Newshound/Intel Guru Mnt Goat ...they are once again moving ahead with the oil and gas and then the article 140 laws. These laws need to be legislated in parliament in the form of laws and then passed into laws. In 2011 the CBI told me that there was a mandate by the US and UK for Iraq to have a fully implemented constitution prior to reinstatement of their dinar thus getting out of the US Treasury OFAC sanctions completely... have they?
2-26-2021 Intel Guru MarkZ [via PDK] Iraq budget should be finished today…as I understand it…So they will be ready for their new value…We know they plan to have their new value before April first. So on the Iraqi side we are...close to the end…remember this is a “when” it’s not an “if”...do not give up.
2-26-2021 Newshound Guru Jeff One of the things we've guesstimated in this is that They would most likely change the rate specifically over a holiday...here's the next holiday in Iraq - Sunday March 21, 2021.
2-26-2021 Newshound/Intel Guru Mnt Goat Article: "LEARN ABOUT THE CRITERIA FOR REPLACING DAMAGED BANKNOTES IN IRAQI BANKS" Why this article and why now? The CBI is finally taking in these large scale stashes of banknotes hidden under mattresses and buried in the backyard. They need now to set standards of how they will exchange these not so good notes. After all this was part of the point of devaluing the dinar in the first place. They needed to get the people to realize that the US dollar is worth more than the dinar and so turn in the dinar for US dollars. They needed to really shake them up. The longer they hold on to the 1450 rate the more dinar stashes will come forward...
2-26-2021 Intel Guru Frank26 Article: "Punishment: Dollar speculation with corrupt banks cost the state a trillion dinars a month." Not anymore. We stopped the auctions and we got Iraq a little bit under control. Quote: "to restore the unfair decision agains the Iraqi economy to raise the price of the dollar and return it to its previous era." This translation ugh! But you understand don't you. To raise the value of the Iraqi dinar against the dollar and return it to its previous era...that's what Dr. Shabibi said would happen and that's what's happening.
2-26-2021 Intel Guru Bruce [via WiserNow] I have been told this weekend – Friday – Saturday – Sunday – is going to be an AMAZING Revelatory weekend – Things are really popping...We could get notified - Initially I was told we would be notified Monday and start Tuesday – that may still hold up - however – recent news indicates we might get notified and that means with email notification and 800 numbers could be sooner than that... this looks like we are almost “there” for “GO” time...we know the redemption center staff is readied – with regular schedules for tomorrow – and we are at the point where everything is connected now – and I think everything can move forward...
2-26-2021 Intel Guru Frank26 Article: "Al-Rafidain Bank leaves the seventh Item." What is the 7th item? Chapter 7 of the UN security council. What is it? Handcuffs on their currency...can you say free as a bird? Can you say Iraq is about to legally raise the value of their currency under the IMF/World Bank regulations so they can attend to their obligations not only internally but externally internationally? Quote: "the exit decision came after fulfilling all the bank's financial obligations to international financial institutions." That's article VIII. That's raising the value of their currency... this is huge. This is monstrous. This is article VIII carved in titanium. Free as a bird to do what they want to do. You think they want to stay at a program rate? No...
2-26-2021 Newshound Guru Breitling [Question: If they increase their rate after paying down their debt with this [December 20, 2020] devaluation do you see a dramatic increase quick or slow increase?] There's no way to tell right now. The markets change. Everything changes so quick.
2-26-2021 Newshound Guru Jeff Since the start of the week Iraq has been finally putting an emphasis on their exchange rate. Article: "The Minister of Finance announces measures to support the effects of changing the exchange...and discusses the White Paper procedures" ...they're really now putting an emphasis on the exchange rate and moving it in the correct direction - raising the dinar against the dollar not the dollar against the dinar...everything is coming together right before us...we're in a great position. We just have to sit back, stay patient with it and let it happen...
2-26-2021 Newshound/Intel Guru Mnt Goat ...they are once again moving ahead with the oil and gas and then the article 140 laws. These laws need to be legislated in parliament in the form of laws and then passed into laws. In 2011 the CBI told me that there was a mandate by the US and UK for Iraq to have a fully implemented constitution prior to reinstatement of their dinar thus getting out of the US Treasury OFAC sanctions completely... have they?
2-26-2021 Intel Guru MarkZ [via PDK] Iraq budget should be finished today…as I understand it…So they will be ready for their new value…We know they plan to have their new value before April first. So on the Iraqi side we are...close to the end…remember this is a “when” it’s not an “if”...do not give up.
2-26-2021 Newshound Guru Jeff One of the things we've guesstimated in this is that They would most likely change the rate specifically over a holiday...here's the next holiday in Iraq - Sunday March 21, 2021.
2-26-2021 Newshound/Intel Guru Mnt Goat Article: "LEARN ABOUT THE CRITERIA FOR REPLACING DAMAGED BANKNOTES IN IRAQI BANKS" Why this article and why now? The CBI is finally taking in these large scale stashes of banknotes hidden under mattresses and buried in the backyard. They need now to set standards of how they will exchange these not so good notes. After all this was part of the point of devaluing the dinar in the first place. They needed to get the people to realize that the US dollar is worth more than the dinar and so turn in the dinar for US dollars. They needed to really shake them up. The longer they hold on to the 1450 rate the more dinar stashes will come forward...
2-26-2021 Intel Guru Frank26 Article: "Punishment: Dollar speculation with corrupt banks cost the state a trillion dinars a month." Not anymore. We stopped the auctions and we got Iraq a little bit under control. Quote: "to restore the unfair decision agains the Iraqi economy to raise the price of the dollar and return it to its previous era." This translation ugh! But you understand don't you. To raise the value of the Iraqi dinar against the dollar and return it to its previous era...that's what Dr. Shabibi said would happen and that's what's happening.
2-25-2021 Intel Guru MarkZ [via PDK] There are a lot of big things happening in Iraq today and tomorrow as they push forward toward a new value. Many expect the vote tomorrow. [Guru] Frank26 says we are only waiting...
2-25-2021 Newshound Guru MilitiaMan My view is it is possible that shut down (OE) by the FED was a potential global notice given out, that change is coming...Kinda like, hey world we are resetting the system, rebooting...Then we resume like nothing happened, until x date which may be within a very short predetermined window with a new adjustment made... everyone would have had to have been given equal notice, and once the adjustment is made, a level playing field is set in motion and all are on equal footings...So did the FED test the system live in real time to see how it would work out? Then if successful, notice has been given, then game on?... [post 2 of 2]
2-25-2021 Newshound Guru MilitiaMan Article: "The Federal Reserve’s systems for transferring money and financial assets among banks, businesses and government entities went offline for a period of time on Wednesday, upending crucial parts of the country’s financial infrastructure." Lets see if the Digital System had a reset with the Fed yesterday has anything to say about the winds of March...I suspect that shut down "operational error" yesterday was on purpose or was it? ...Apparently that has never happened before. [post 1 of 2....stay tuned]
2-25-2021 Intel Guru MarkZ [via PDK] The Federal Reserve going down yesterday - I was told it was a hiccup…a crash as they tried to fold the QFS system to merge and blend with the old system and take over…the merge was not successful but they learned from it. When I say “Take over” I mean it’s not hostile…it’s just logistics…I have some very excited group leaders today…so the attempt yesterday was excellent news…
2-25-2021 Newshound Guru Jeff the news that's coming out is finally getting better and it's really what we're looking for...In Iraq the citizens technically own the oil. They're entitled to a percentage of the profits and proceeds from oil...Iraq's already had their oil and gas law drafted clear since 2005...what it's waiting on is the rate change. They cannot implement the oil and gas law...until the rate changes...it will be just like the country of Kuwait or the state of Alaska...they will get oil wealth. Article: "Iraq is preparing to pass a law to regulate oil and gas wealth." This is huge...they're telling you they're bringing this forth now so it's going to be in the 21 budget.
2-25-2021 Intel Guru Frank26 If the Iraqi dinar (which is not international) was part of this, well then you would have to make the Iraqi dinar international and then you would have to accept it into the Federal Reserves wouldn't you...this is the United States of America Federal Reserve shutting down for a specific reason that they've never done before...IMO - In my team's opinion...this shutting down of the United States of America Federal Reserves had to happen before Iraq can do anything with their currency and their monetary reform. Why? Because what are they pegged to? ...U.S. [Dollar]. [post 2 of 2]
2-25-2021 Intel Guru Frank26 Federal Reserves - have you ever been closed before? I didn't think so. This is historical. This is epic...the Federal Reserve of the United States of America allows banks to send money back and fourth and their system is down...there is something significant about this...the closing of the Federal Reserves would have been planned a very long time ago so this is not any form of testing. What this is is a collaboration...international understandings... [post 1 of 2....stay tuned]
2-25-2021 Intel Guru RayRen98 I FEEL A RATE CHANGE COMING... DIRECTLY!!!...HINT 2 THE WISE: DON'T RUSH IN FOR THE "LOWER" EXCHANGE RATES...IT GETS GREATER LATER $$$$$
2-25-2021 Intel Guru Bruce [via WiserNow] I can tell you there are a few things out there that are pointing toward our timing being very close - now – for me to say that...I know that things are happening and have happened in Iraq to make the reveal for the release of everything...Thursday [today]. So we’re looking for some action to take place probably on Thursday – and it could be that we get notified on Thursday and go for exchanges on Thursday...I would say Thursday is looking very good for us...Beyond that we know that redemption center staff...were given a schedule for the next 12 days...I am very encouraged by what we’re hearing...there has been a lid put on intel and we have been put on more than a GAG order...you are not seeing or hearing much right now - that is a very good sign...
2-25-2021 Intel Guru MarkZ [via PDK] Out of Iraq we are still getting a lot of chatter about Thursday or Friday for the new budget to be finished now that they have completed the Kurdistan issues. So we are here at the edges of our seats… Does this mean its tomorrow??? Nobody knows the exact time…if its tomorrow or weeks from now…but we are close. All we can do is be prepared.
2-25-2021 Newshound Guru MilitiaMan My view is it is possible that shut down (OE) by the FED was a potential global notice given out, that change is coming...Kinda like, hey world we are resetting the system, rebooting...Then we resume like nothing happened, until x date which may be within a very short predetermined window with a new adjustment made... everyone would have had to have been given equal notice, and once the adjustment is made, a level playing field is set in motion and all are on equal footings...So did the FED test the system live in real time to see how it would work out? Then if successful, notice has been given, then game on?... [post 2 of 2]
2-25-2021 Newshound Guru MilitiaMan Article: "The Federal Reserve’s systems for transferring money and financial assets among banks, businesses and government entities went offline for a period of time on Wednesday, upending crucial parts of the country’s financial infrastructure." Lets see if the Digital System had a reset with the Fed yesterday has anything to say about the winds of March...I suspect that shut down "operational error" yesterday was on purpose or was it? ...Apparently that has never happened before. [post 1 of 2....stay tuned]
2-25-2021 Intel Guru MarkZ [via PDK] The Federal Reserve going down yesterday - I was told it was a hiccup…a crash as they tried to fold the QFS system to merge and blend with the old system and take over…the merge was not successful but they learned from it. When I say “Take over” I mean it’s not hostile…it’s just logistics…I have some very excited group leaders today…so the attempt yesterday was excellent news…
2-25-2021 Newshound Guru Jeff the news that's coming out is finally getting better and it's really what we're looking for...In Iraq the citizens technically own the oil. They're entitled to a percentage of the profits and proceeds from oil...Iraq's already had their oil and gas law drafted clear since 2005...what it's waiting on is the rate change. They cannot implement the oil and gas law...until the rate changes...it will be just like the country of Kuwait or the state of Alaska...they will get oil wealth. Article: "Iraq is preparing to pass a law to regulate oil and gas wealth." This is huge...they're telling you they're bringing this forth now so it's going to be in the 21 budget.
2-25-2021 Intel Guru Frank26 If the Iraqi dinar (which is not international) was part of this, well then you would have to make the Iraqi dinar international and then you would have to accept it into the Federal Reserves wouldn't you...this is the United States of America Federal Reserve shutting down for a specific reason that they've never done before...IMO - In my team's opinion...this shutting down of the United States of America Federal Reserves had to happen before Iraq can do anything with their currency and their monetary reform. Why? Because what are they pegged to? ...U.S. [Dollar]. [post 2 of 2]
2-25-2021 Intel Guru Frank26 Federal Reserves - have you ever been closed before? I didn't think so. This is historical. This is epic...the Federal Reserve of the United States of America allows banks to send money back and fourth and their system is down...there is something significant about this...the closing of the Federal Reserves would have been planned a very long time ago so this is not any form of testing. What this is is a collaboration...international understandings... [post 1 of 2....stay tuned]
2-25-2021 Intel Guru RayRen98 I FEEL A RATE CHANGE COMING... DIRECTLY!!!...HINT 2 THE WISE: DON'T RUSH IN FOR THE "LOWER" EXCHANGE RATES...IT GETS GREATER LATER $$$$$
2-25-2021 Intel Guru Bruce [via WiserNow] I can tell you there are a few things out there that are pointing toward our timing being very close - now – for me to say that...I know that things are happening and have happened in Iraq to make the reveal for the release of everything...Thursday [today]. So we’re looking for some action to take place probably on Thursday – and it could be that we get notified on Thursday and go for exchanges on Thursday...I would say Thursday is looking very good for us...Beyond that we know that redemption center staff...were given a schedule for the next 12 days...I am very encouraged by what we’re hearing...there has been a lid put on intel and we have been put on more than a GAG order...you are not seeing or hearing much right now - that is a very good sign...
2-25-2021 Intel Guru MarkZ [via PDK] Out of Iraq we are still getting a lot of chatter about Thursday or Friday for the new budget to be finished now that they have completed the Kurdistan issues. So we are here at the edges of our seats… Does this mean its tomorrow??? Nobody knows the exact time…if its tomorrow or weeks from now…but we are close. All we can do is be prepared.
2-24-2021 Newshound/Intel Guru Mnt Goat Article: "KHAS...AL-RAFIDAIN BANK (LARGEST IRAQI BANK) LEAVES ARTICLE SEVENTH" many gurus are confused over this article. We are really taking about Chapter 7 not article 7. Currently the CBI is operating under article 14 and needs to move to and thus operate under article 8 of the IMF charter. Article 8 in “normalcy” for monetary policy. This is where most countries now reside in dealing with the IMF in monetary policy. Many suggest that Iraq is already in article 8 and that may be the case too but we have no definite evidence of this as they have not yet told us. Let’s just wait and see what happens once they get the 2021-2022 budget passed.
2-24-2021 Intel Guru Frank26 ...it is logical that the US Treasury would have a legit 800 number where they could counsel and advise you on your investment once the value goes up as to where to go to exchange your currency. Isn't that cool! Here's the other thing that's cool...it's motivating for a time like this when we see so many things coming together. If there is an 800 number it would only be with the United States Treasury to tell you which banks to go to...there isn't going to only be one bank. There's going to be hundreds and hundreds across the whole United States of America. There will also be Iraqi banks...there will be hundreds across the world markets... [Post 2 of 2]
[NOTE: If and when the U.S. Treasury releases a legitimate 800# we'll share it with you and the dinar guru community as soon as we confirm it's safe from shenanigans...be sure you're on the DinarGuru Alert list. It's free in the blue box above.]
2-24-2021 Intel Guru Frank26 ...the United States Treasury met with a limited amount of people to disseminate some information on how and where to exchange your Iraqi dinars...It's not known how it's going to roll out but the information will come to the dinar community as needed because right now it's going to the citizens of Iraq...for us citizens of the United States of America it's possible an 800# is coming...this so-called 800 number is not for one bank. That's so stupid. The 800 number, as of 1st hand information, is not as it's being exaggerated... [Post 1 of 2]
[NOTE: If and when the U.S. Treasury releases a legitimate 800# we'll share it with you and the dinar guru community as soon as we confirm it's safe from shenanigans...be sure you're on the DinarGuru Alert list. It's free in the blue box above.]
2-24-2021 Newshound Guru MilitiaMan I don't believe they'll go out and float it [the dinar] this early on [after rate change]. If they stick to having it fixed going into the future it will help contain the inflation...
2-24-2021 Newshound Guru Jeff They [Iraq] are gonna have two sets of notes in circulation. They're gonna have large notes and small notes...two sets of notes will coexist together utilizing the same exchange rate...this is just an example. Let's say the rate is $3 - if the rate is three a 25 note is $75 after the rate change...a 25000 dinar note times $3 is worth $75000. Both the 3 zero notes and the smaller notes below 100 will have the same exact rate. They're not going to have different rates...you're in a great spot...
2-24-2021 Newshound Guru Pimpy Article: "The Iraqi government expects a rise in foreign reserves of $4 billion by the end of February" this is a good thing...quote "according to the immediate office of the Prime Minister that the foreign exchange reserves of Iraq began to rise after it was threatened with collapse and is expected to increase by nearly 4 billion dollars by the end of the month..."
2-24-2021 Newshound Guru Breitling [Question: What comes first - Does Iraq need to build their economy in order to increase the rate or does Iraq need to increase the rate first?] Iraq needs to increase the rate first to build an economy.
2-24-2021 Newshound/Intel Guru Walkingstick and Frank26 ...Iraqi bank teams (exchange departments of banks) are about to meet with those who are going to talk to them about the exchange rate changing. That's pretty powerful. This week that's when we think this is going to occur. The CBI will inform these banks a lot more on the date they gave them on which to raise the value of the currency. And more communication on how these CBI banks will deal with the citizens of Iraq - the new small category notes. The ATM machines. Opening new accounts. The new exchange rate, explaining it. All that stuff.
2-24-2021 Newshound/Intel Guru Mnt Goat Article: "OIL DEMAND EXPECTED TO PEAK AND $150 PER BARREL PRICE EXPECTED" ...the price of oil does affect the budget and the rate at which the dinar will revalue at. Remember that there is going to be an in-country RV first as they proceed with the project to delete the zeros simultaneously and then later (much sooner than later) there is going to be a reinstatement of the dinar. So, there are two different rates to consider. We are outside Iraq and so the rate we consider is only at what rate the banks in our country will offer to exchange our dinar at. This bank rate will most likely be 2 or 3 times the rate offered in Iraq.
2-24-2021 Newshound Guru Jeff Iraq is walking in Kuwait's footsteps. Kuwait reinstated their currency on March 21, 1991 on Sunday...Iraq is transitioning to the same original fiscal year exactly where they were before the 1990 sanctions. They're going back to their original fiscal period. I already spoke with the Iraqi government so I have confirmed this. I know for a fact Iraq is transitioning. That's why they told you they'll be presenting the budget in just a few months...we are in the best position. History is repeating itself between Iraq and Kuwait...we are very very close to this...
2-24-2021 Intel Guru MarkZ [via PDK] [Which banks will have the best conversion rates?] As it has been explained to me…they are all going to have the same conversion rate. I am told it is a fixed, set price.
2-24-2021 Intel Guru Frank26 ...it is logical that the US Treasury would have a legit 800 number where they could counsel and advise you on your investment once the value goes up as to where to go to exchange your currency. Isn't that cool! Here's the other thing that's cool...it's motivating for a time like this when we see so many things coming together. If there is an 800 number it would only be with the United States Treasury to tell you which banks to go to...there isn't going to only be one bank. There's going to be hundreds and hundreds across the whole United States of America. There will also be Iraqi banks...there will be hundreds across the world markets... [Post 2 of 2]
[NOTE: If and when the U.S. Treasury releases a legitimate 800# we'll share it with you and the dinar guru community as soon as we confirm it's safe from shenanigans...be sure you're on the DinarGuru Alert list. It's free in the blue box above.]
2-24-2021 Intel Guru Frank26 ...the United States Treasury met with a limited amount of people to disseminate some information on how and where to exchange your Iraqi dinars...It's not known how it's going to roll out but the information will come to the dinar community as needed because right now it's going to the citizens of Iraq...for us citizens of the United States of America it's possible an 800# is coming...this so-called 800 number is not for one bank. That's so stupid. The 800 number, as of 1st hand information, is not as it's being exaggerated... [Post 1 of 2]
[NOTE: If and when the U.S. Treasury releases a legitimate 800# we'll share it with you and the dinar guru community as soon as we confirm it's safe from shenanigans...be sure you're on the DinarGuru Alert list. It's free in the blue box above.]
2-24-2021 Newshound Guru MilitiaMan I don't believe they'll go out and float it [the dinar] this early on [after rate change]. If they stick to having it fixed going into the future it will help contain the inflation...
2-24-2021 Newshound Guru Jeff They [Iraq] are gonna have two sets of notes in circulation. They're gonna have large notes and small notes...two sets of notes will coexist together utilizing the same exchange rate...this is just an example. Let's say the rate is $3 - if the rate is three a 25 note is $75 after the rate change...a 25000 dinar note times $3 is worth $75000. Both the 3 zero notes and the smaller notes below 100 will have the same exact rate. They're not going to have different rates...you're in a great spot...
2-24-2021 Newshound Guru Pimpy Article: "The Iraqi government expects a rise in foreign reserves of $4 billion by the end of February" this is a good thing...quote "according to the immediate office of the Prime Minister that the foreign exchange reserves of Iraq began to rise after it was threatened with collapse and is expected to increase by nearly 4 billion dollars by the end of the month..."
2-24-2021 Newshound Guru Breitling [Question: What comes first - Does Iraq need to build their economy in order to increase the rate or does Iraq need to increase the rate first?] Iraq needs to increase the rate first to build an economy.
2-24-2021 Newshound/Intel Guru Walkingstick and Frank26 ...Iraqi bank teams (exchange departments of banks) are about to meet with those who are going to talk to them about the exchange rate changing. That's pretty powerful. This week that's when we think this is going to occur. The CBI will inform these banks a lot more on the date they gave them on which to raise the value of the currency. And more communication on how these CBI banks will deal with the citizens of Iraq - the new small category notes. The ATM machines. Opening new accounts. The new exchange rate, explaining it. All that stuff.
2-24-2021 Newshound/Intel Guru Mnt Goat Article: "OIL DEMAND EXPECTED TO PEAK AND $150 PER BARREL PRICE EXPECTED" ...the price of oil does affect the budget and the rate at which the dinar will revalue at. Remember that there is going to be an in-country RV first as they proceed with the project to delete the zeros simultaneously and then later (much sooner than later) there is going to be a reinstatement of the dinar. So, there are two different rates to consider. We are outside Iraq and so the rate we consider is only at what rate the banks in our country will offer to exchange our dinar at. This bank rate will most likely be 2 or 3 times the rate offered in Iraq.
2-24-2021 Newshound Guru Jeff Iraq is walking in Kuwait's footsteps. Kuwait reinstated their currency on March 21, 1991 on Sunday...Iraq is transitioning to the same original fiscal year exactly where they were before the 1990 sanctions. They're going back to their original fiscal period. I already spoke with the Iraqi government so I have confirmed this. I know for a fact Iraq is transitioning. That's why they told you they'll be presenting the budget in just a few months...we are in the best position. History is repeating itself between Iraq and Kuwait...we are very very close to this...
2-24-2021 Intel Guru MarkZ [via PDK] [Which banks will have the best conversion rates?] As it has been explained to me…they are all going to have the same conversion rate. I am told it is a fixed, set price.
2-23-2021 Newshound Guru Clare Article: "The Council of Ministers forms a committee to study the consequences of changing the price of the dollar" THEY ARE, A LOT FARTHER ALONG THEN THEY TELL US! THE MORE WE SEE THESE KINDS OF ARTICLES (EXCHANGE RATE)... AND THE DELETION OF ZEROS ARTICLES...THIS IS ACTUALLY A GOOD THING..IMO.
2-23-2021 Newshound Guru MilitiaMan ...I think the endgame is near. I think we've got a convergence...I'm very excited by what we're seeing...
2-23-2021 Newshound/Intel Guru Mnt Goat Yes, there is hope for an RV sooner than later but the Iraqi 2021-2022 budget will have to be passed first and that is not even scheduled to later this week...
2-23-2021 Intel Guru Frank26 There is a new mechanism that's being applied...this week there was a big campaign just like we told everybody last Monday. 'Get ready. You're gonna see these articles. The CBI is gonna tell the citizens we are now in the process of lifting value by lifting the 3 zero. We're not gonna decrease it anymore. We've got to get you guys ready.' And that's what they're doing. Very very impressive.
2-23-2021 Newshound Guru Breitling [Question: Can you tell us if we're still in a good place with this investment? Just wondering since Biden undid some of the things Trump put in place. Did this help this investment or hinder it?] It didn't do anything. Iraq had a game plan if Trump won and they had a game plan if Biden won. BTW that's how all governments work...you should have a plan no matter how confident you are in a candidate. No matter how it turns out. You have to have a plan for one side and a plan for the other side. Don't ever be lazy...this has not hindered our investment one way or the other I promise you that...
2-23-2021 Newshound/Intel Guru Mnt Goat ...there is still much hope to see the reinstatement sooner than later. Yes, we may not have to wait until 2022. There is so much pressure to delete the zeros and raise the rate to be competitive to the US dollar and re-peg the dinar.
2-23-2021 Intel Guru MarkZ [via PDK] I feel like it’s going to be a great day. I am getting a lot of chatter about tonight and tomorrow…i hope it’s accurate...
2-23-2021 Intel Guru BobTheTaxMan Even though you may have put a plan together earlier it would still serve for you to reconsider that because the estate taxes have changes. The income taxes have changes. There are so many things that have happened you have to relook at what you're doing...we are coming to what I...feel is the conclusion of this particular investment opportunity. If you're not prepared there's no recovering. There are certain things that have got to be done before the RV. No ifs, ands, maybes or buts...we don't know the rate. We don't know the date...be prepared no matter what happens... [post 2 of 2] [Note: Always consult your tax professionals at the appropriate time]
2-23-2021 Intel Guru BobTheTaxMan We've had a change in our presidential administration. And yes we've seen already him step forward and make some pretty drastic changes...one of the things I want you to be aware of you always have to have a plan. Plan A. Plan B. Under Plan A if Trump had continued to be where he was at we as IQD holders were in a phenomenal position. I mean holy cow you couldn't of dreamed and asked for anything better than what that tax situation was providing us as investors. Now it's changed. [post 1 of 2...stay tuned]. [Note: Always consult your tax professionals at the appropriate time]
2-23-2021 Newshound Guru Jeff Vietnam and none of these other currencies are going to go at this time right now. There's only going to be one currency changing value. That's going to be the dinar. No other currencies are going at this time. When Iraq does it, it will just be Iraq...Vietnam is not prepared to go.
2-23-2021 Intel Guru MarkZ [via PDK] [Have you heard they are deleting the zeros?] This is how it has worked in the past-in all countries that have revalued…this is how its going to work this time…this is how it has worked in Kuwait…in Japan…in Germany…this is how it worked 3 times in the past in Iraq. They raise the value then they get rid of the bills that have all the zeros…its called deleting the zeros and everybody panics when they hear this…do not…. Going through the articles over the last couple of weeks they talk about raising the value and then removing the zeros. So the value goes up and the zeros go away. Lets keep the math as simple as possible. Lets say the dinar goes to $1. That means your 25,000 note would be worth $25,000 dollars...
2-23-2021 Newshound Guru MilitiaMan ...I think the endgame is near. I think we've got a convergence...I'm very excited by what we're seeing...
2-23-2021 Newshound/Intel Guru Mnt Goat Yes, there is hope for an RV sooner than later but the Iraqi 2021-2022 budget will have to be passed first and that is not even scheduled to later this week...
2-23-2021 Intel Guru Frank26 There is a new mechanism that's being applied...this week there was a big campaign just like we told everybody last Monday. 'Get ready. You're gonna see these articles. The CBI is gonna tell the citizens we are now in the process of lifting value by lifting the 3 zero. We're not gonna decrease it anymore. We've got to get you guys ready.' And that's what they're doing. Very very impressive.
2-23-2021 Newshound Guru Breitling [Question: Can you tell us if we're still in a good place with this investment? Just wondering since Biden undid some of the things Trump put in place. Did this help this investment or hinder it?] It didn't do anything. Iraq had a game plan if Trump won and they had a game plan if Biden won. BTW that's how all governments work...you should have a plan no matter how confident you are in a candidate. No matter how it turns out. You have to have a plan for one side and a plan for the other side. Don't ever be lazy...this has not hindered our investment one way or the other I promise you that...
2-23-2021 Newshound/Intel Guru Mnt Goat ...there is still much hope to see the reinstatement sooner than later. Yes, we may not have to wait until 2022. There is so much pressure to delete the zeros and raise the rate to be competitive to the US dollar and re-peg the dinar.
2-23-2021 Intel Guru MarkZ [via PDK] I feel like it’s going to be a great day. I am getting a lot of chatter about tonight and tomorrow…i hope it’s accurate...
2-23-2021 Intel Guru BobTheTaxMan Even though you may have put a plan together earlier it would still serve for you to reconsider that because the estate taxes have changes. The income taxes have changes. There are so many things that have happened you have to relook at what you're doing...we are coming to what I...feel is the conclusion of this particular investment opportunity. If you're not prepared there's no recovering. There are certain things that have got to be done before the RV. No ifs, ands, maybes or buts...we don't know the rate. We don't know the date...be prepared no matter what happens... [post 2 of 2] [Note: Always consult your tax professionals at the appropriate time]
2-23-2021 Intel Guru BobTheTaxMan We've had a change in our presidential administration. And yes we've seen already him step forward and make some pretty drastic changes...one of the things I want you to be aware of you always have to have a plan. Plan A. Plan B. Under Plan A if Trump had continued to be where he was at we as IQD holders were in a phenomenal position. I mean holy cow you couldn't of dreamed and asked for anything better than what that tax situation was providing us as investors. Now it's changed. [post 1 of 2...stay tuned]. [Note: Always consult your tax professionals at the appropriate time]
2-23-2021 Newshound Guru Jeff Vietnam and none of these other currencies are going to go at this time right now. There's only going to be one currency changing value. That's going to be the dinar. No other currencies are going at this time. When Iraq does it, it will just be Iraq...Vietnam is not prepared to go.
2-23-2021 Intel Guru MarkZ [via PDK] [Have you heard they are deleting the zeros?] This is how it has worked in the past-in all countries that have revalued…this is how its going to work this time…this is how it has worked in Kuwait…in Japan…in Germany…this is how it worked 3 times in the past in Iraq. They raise the value then they get rid of the bills that have all the zeros…its called deleting the zeros and everybody panics when they hear this…do not…. Going through the articles over the last couple of weeks they talk about raising the value and then removing the zeros. So the value goes up and the zeros go away. Lets keep the math as simple as possible. Lets say the dinar goes to $1. That means your 25,000 note would be worth $25,000 dollars...
2-22-2021 Newshound Guru Clare [new Guru] Article: "To the executive branch to the Central Bank of Iraq" Quotes: "A new exchange rate is required for the Iraqi dinar towards the US dollar, which is one dinar equals one US dollar...; "...in the future to return a new exchange rate Each dinar equals $3, as it was..." THIS IS AN AWESOME ARTICLE...THE 3 ZEROS WILL BE REMOVED FROM BOTH (NOTES & EXCHANGE RATE)- HENCE IN THE ARTICLE IT SAYS "and according to the new exchange rate 1000 dinars equals 1000 US dollars," THAT IS A 1 to 1 EXCHANGE RATE RIGHT THERE IN IRAQ...imo.
2-22-2021 Newshound Guru Breitling [Question: What do you think the dinar can revalue at if it revalues in the next few months...Is March/April still the target date for revalue?] ...It's between .55 and .66 cents. .55/.66 cents was before the oil markets took a big hit...as far as a time frame from what Iraq is looking at - remember they wanted to devalue their currency, renegotiate on paying back their loans at a cheaper rate and then see where they're at and hit that milestone in April. That's exactly what their words are. Meaning, what can they do. How are they going to treat the currency. That's not off the table. That's still there. That means a lot for you and me.
2-22-2021 Newshound Guru MilitiaMan Article: "The Iraqi Interior Minister arrives in Saudi Arabia at the head of a high-level delegation" Quote: "Without disclosing the purpose of the visit, which had not been announced previously." [Perhaps they are there as part of the launch of the new electronic payment system (QFS). BTW, set for launch today...] Perhaps...I would say your spot on. Things of this nature are not by coincidence, they are by design and a purpose...imo...
2-22-2021 Intel Guru MarkZ [via PDK] Well, everybody is staying in position. I talked to a couple of folks…paymasters and group leaders…and they are being asked to stay in position until the end of the first week of March...some people would like to leave…yes…and one person that I speak to regularly approached management of a bank (with 2 letters) and said he was tired of sitting here. He was told point blank to stay in place…that this thing is imminent…so I am not worried.
2-22-2021 Newshound Guru Jeff When the rate does change Iraq will...have large 3 zero notes and smaller notes...the lager 3 zero notes and the new smaller notes are all still being as IQD. Nothing is replacing anything. Nothing is being cancelled out. What will happen over a period of time is the large 3 zero notes will be removed and withdrawn from circulation...when the rate changes...you're going to have large notes and small notes in circulation together at the same time sharing the same new increased exchange rate...that's how we get blessed from this...
2-22-2021 Intel Guru Footforward [I thought the dinar must be sent to the US Treasury for exchange? Possibly a 10 day turn-a-round to clear our accounts. Most likely the banks will exchange a small amount into cash, maybe 10K...] ...they have the ability to verify in house...they won't give us tons of cash, but a 10 day turn around...if they have to send everything to the UST, what a nightmare... The treasury will keep the dinar. I don't question that. The treasury will be sending it back to the Central Bank of Iraq...
2-22-2021 Newshound Guru MilitiaMan Article: "Advisor Al-Kazemi: Iraq is on the edges of economic recovery in two areas?..." Quote: "It was also "expressed" in the white paper recently approved by the Council of Ministers by establishing a blueprint and an institutional entity (for economic reform), which is the linchpin of this developmental sustainability." Looks like Iraq has been given the GREEN LIGHT!! ...I like the use of the word expressed...It means to me they have a mechanism that has an expression to it. As in an international way of expressing their mechanism or exchange rate to the world that is in the white paper recently. They'll need it as it is the CORNER STONE or foundation of the reconstruction effort and the overall country's reforms going forward...Imo. Game is about to kick off. imo.
2-22-2021 Newshound Guru Breitling [Question: What do you think the dinar can revalue at if it revalues in the next few months...Is March/April still the target date for revalue?] ...It's between .55 and .66 cents. .55/.66 cents was before the oil markets took a big hit...as far as a time frame from what Iraq is looking at - remember they wanted to devalue their currency, renegotiate on paying back their loans at a cheaper rate and then see where they're at and hit that milestone in April. That's exactly what their words are. Meaning, what can they do. How are they going to treat the currency. That's not off the table. That's still there. That means a lot for you and me.
2-22-2021 Newshound Guru MilitiaMan Article: "The Iraqi Interior Minister arrives in Saudi Arabia at the head of a high-level delegation" Quote: "Without disclosing the purpose of the visit, which had not been announced previously." [Perhaps they are there as part of the launch of the new electronic payment system (QFS). BTW, set for launch today...] Perhaps...I would say your spot on. Things of this nature are not by coincidence, they are by design and a purpose...imo...
2-22-2021 Intel Guru MarkZ [via PDK] Well, everybody is staying in position. I talked to a couple of folks…paymasters and group leaders…and they are being asked to stay in position until the end of the first week of March...some people would like to leave…yes…and one person that I speak to regularly approached management of a bank (with 2 letters) and said he was tired of sitting here. He was told point blank to stay in place…that this thing is imminent…so I am not worried.
2-22-2021 Newshound Guru Jeff When the rate does change Iraq will...have large 3 zero notes and smaller notes...the lager 3 zero notes and the new smaller notes are all still being as IQD. Nothing is replacing anything. Nothing is being cancelled out. What will happen over a period of time is the large 3 zero notes will be removed and withdrawn from circulation...when the rate changes...you're going to have large notes and small notes in circulation together at the same time sharing the same new increased exchange rate...that's how we get blessed from this...
2-22-2021 Intel Guru Footforward [I thought the dinar must be sent to the US Treasury for exchange? Possibly a 10 day turn-a-round to clear our accounts. Most likely the banks will exchange a small amount into cash, maybe 10K...] ...they have the ability to verify in house...they won't give us tons of cash, but a 10 day turn around...if they have to send everything to the UST, what a nightmare... The treasury will keep the dinar. I don't question that. The treasury will be sending it back to the Central Bank of Iraq...
2-22-2021 Newshound Guru MilitiaMan Article: "Advisor Al-Kazemi: Iraq is on the edges of economic recovery in two areas?..." Quote: "It was also "expressed" in the white paper recently approved by the Council of Ministers by establishing a blueprint and an institutional entity (for economic reform), which is the linchpin of this developmental sustainability." Looks like Iraq has been given the GREEN LIGHT!! ...I like the use of the word expressed...It means to me they have a mechanism that has an expression to it. As in an international way of expressing their mechanism or exchange rate to the world that is in the white paper recently. They'll need it as it is the CORNER STONE or foundation of the reconstruction effort and the overall country's reforms going forward...Imo. Game is about to kick off. imo.
2-21-2021 Newshound Guru Pimpy Article: "Mazhar Salih: Iraq is on the brink of economic recovery" Yeah, just that quick. Magically what are we seven weeks into the year - we went from having huge deficits to now we're already in the recovery? ...it's almost already close enough to start slowly but surely rising the value of the dinar to its true value. That's just my opinion...
2-21-2021 Intel Guru Footforward I'm happy to exchange all of my dinar for anything over 3.50...catch it because it's going to be too fast...they make it sound like everyone caught a $9 rate on Kuwait dinar when in fact very few of any actually caught that outside of forex...
2-21-2021 Newshound Guru MilitiaMan Article: "Parliamentary Finance Explains The Reasons For The Delay In Paying Employees' Salaries" Quotes: "salaries will not be delayed this month or the coming months and they are fully insured." ; "...the delay that accompanies the payment of salaries every month is borne by the Accounting Department at the Ministry of Finance for its reliance on old mechanisms in banking transactions..." This sure looks like there is a consensus in that they know a new mechanism is coming into play. Modern is not in the old but new mechanism. Well that to me suggest they are to pay in a timely manner with a new rate (mechanism) in the future. A mechanism applied in such a manner that fully insures payments will be on time and not delayed any longer. Thereby, we can deduce they have a digital system coming into play. Probably one that will interlink with not only internal transactions but, regionally and globally...imo. I like it...
2-21-2021 Intel Guru Frank26 If you go to a bank to exchange your dinars then they convince you - 'Would you like to deposit your capital gains in our bank? We have wealth managers who can advise you. We have may packages and many services. Would you like to do that?' And you say to them. sure...Banks in the U.S. they insure you. It's called FDIC. That's the insurance to cover your money in case it's stolen, burnt, lost or whatever it may be. The insurance for FDIC is only $250k. If you cashed out 1 million dollars worth and you deposit it into their bank account you want to ask them how much of my currency that I just put into your bank is insured? If you deposit a million - three quarters of a million will not be insured. You may say 'so what." Trust me you want to insure your money... [Note: Speak to your financial advisors at the appropriate time to protect you and your family's financial future.]
2-21-2021 Newshound Guru Pimpy ...something is definitely happening... March seems to be the month. What "it" is I'm not 100% sure. I'm monitoring all the chatter amongst those who know and trying to get definite details that I can prove. All I know is there's a lot of scurrying going on and everything seems to be pointing towards the month of March. What it is I don't know and that's frustrating because even the people I rely on that do know - even they don't know. They just know something is coming up. I'm not trying to get people overly hyped or really excited. What I'm trying to say is we have no idea what it it is. It might be good it might be bad. I'm trying to find out for you guys...
2-21-2021 Newshound Guru Jeff Article: "Mazhar Salih: Iraq is on the bring of economic recovery" ...He's the former number 2 man of the central bank...when the central bank talk that's when you listen...I told you from when Iraq completed that Borrowing Law they could change the rate at any time...they were walking you into the season of the rate change. This article confirms you're there...the rate change reduction...December 20th. What they revealed to you is they had a specific goal that had to be reached in a specific amount of time. That's why they had to do it on December 20th...they implemented a 90-day tool to reduce the note count in the country of Iraq to get the 3 zero notes out of circulation. They needed 90 days on that...for it to be effective and get more than enough notes out of circulation...
2-21-2021 Intel Guru Footforward [...Why does everyone keep saying we will only have a short time to exchange?...] Iraq is not going to sit around forever to wait for these notes to come in. They want to get them in as quickly as possible. I believe the rate will be good...
2-21-2021 Intel Guru Footforward I'm happy to exchange all of my dinar for anything over 3.50...catch it because it's going to be too fast...they make it sound like everyone caught a $9 rate on Kuwait dinar when in fact very few of any actually caught that outside of forex...
2-21-2021 Newshound Guru MilitiaMan Article: "Parliamentary Finance Explains The Reasons For The Delay In Paying Employees' Salaries" Quotes: "salaries will not be delayed this month or the coming months and they are fully insured." ; "...the delay that accompanies the payment of salaries every month is borne by the Accounting Department at the Ministry of Finance for its reliance on old mechanisms in banking transactions..." This sure looks like there is a consensus in that they know a new mechanism is coming into play. Modern is not in the old but new mechanism. Well that to me suggest they are to pay in a timely manner with a new rate (mechanism) in the future. A mechanism applied in such a manner that fully insures payments will be on time and not delayed any longer. Thereby, we can deduce they have a digital system coming into play. Probably one that will interlink with not only internal transactions but, regionally and globally...imo. I like it...
2-21-2021 Intel Guru Frank26 If you go to a bank to exchange your dinars then they convince you - 'Would you like to deposit your capital gains in our bank? We have wealth managers who can advise you. We have may packages and many services. Would you like to do that?' And you say to them. sure...Banks in the U.S. they insure you. It's called FDIC. That's the insurance to cover your money in case it's stolen, burnt, lost or whatever it may be. The insurance for FDIC is only $250k. If you cashed out 1 million dollars worth and you deposit it into their bank account you want to ask them how much of my currency that I just put into your bank is insured? If you deposit a million - three quarters of a million will not be insured. You may say 'so what." Trust me you want to insure your money... [Note: Speak to your financial advisors at the appropriate time to protect you and your family's financial future.]
2-21-2021 Newshound Guru Pimpy ...something is definitely happening... March seems to be the month. What "it" is I'm not 100% sure. I'm monitoring all the chatter amongst those who know and trying to get definite details that I can prove. All I know is there's a lot of scurrying going on and everything seems to be pointing towards the month of March. What it is I don't know and that's frustrating because even the people I rely on that do know - even they don't know. They just know something is coming up. I'm not trying to get people overly hyped or really excited. What I'm trying to say is we have no idea what it it is. It might be good it might be bad. I'm trying to find out for you guys...
2-21-2021 Newshound Guru Jeff Article: "Mazhar Salih: Iraq is on the bring of economic recovery" ...He's the former number 2 man of the central bank...when the central bank talk that's when you listen...I told you from when Iraq completed that Borrowing Law they could change the rate at any time...they were walking you into the season of the rate change. This article confirms you're there...the rate change reduction...December 20th. What they revealed to you is they had a specific goal that had to be reached in a specific amount of time. That's why they had to do it on December 20th...they implemented a 90-day tool to reduce the note count in the country of Iraq to get the 3 zero notes out of circulation. They needed 90 days on that...for it to be effective and get more than enough notes out of circulation...
2-21-2021 Intel Guru Footforward [...Why does everyone keep saying we will only have a short time to exchange?...] Iraq is not going to sit around forever to wait for these notes to come in. They want to get them in as quickly as possible. I believe the rate will be good...
2-20-2021 Newshound Guru MilitiaMan ...from the articles out about the White Papers and having the extreme pressure to alleviate the pain of 1460...The change to another era is just as important now than ever. In my view, there is no going back... imo A good thing...imo.
2-20-2021 Newshound Guru Breitling There is a whole group of people that plan on storing their wealth in cryptocurrencies for the rest of their life. I can promise you it's not going to happen. Sooner or later it's going to hurt the supply x velocity of the U.S. dollar and it's going to get shut down...what actually adds value behind a cryptocurrency? nothing...What country is backing their local currency with bitcoin? It doesn't exist...That's all you need to know...What can you buy with the cryptocurrencies? You can't...you can't pay bills with it. You can't pay medical bills with it. You can't go buy a car with it...I'm not telling people not to get into it..But I'm telling you there is a wall and that risk is too big... [Post 2 of 2]
2-20-2021 Newshound Guru Breitling [What if we would have our money into bitcoin instead of IQD?] ...I'm not against cryptocurrencies. It's a great way to store value. But there's a huge risk here...What adds value to the bitcoin? No body knows...they just shut all cryptocurrencies off in India ...Because they noticed that the supply x velocity of their local currency was going down. They traced it to people investing in bitcoin...that's exactly what the United States is going to do. I don't know when that is because there are so many U.S. dollars out there...If they get shut off you're not going to be able to exchange it for anything else. You are stuck...That's one of the most riskiest things I can think of... [Post 1 of 2...stay tuned]
2-20-2021 Intel Guru Bruce [via WiserNow] ...I know that Iraq did pass their budget – they did everything they were supposed to do and yet I do not believe that rate is going to be put out yet – but I know they are prepared to - there is the timing - to that alone – they are not going to put it out until they are ready to get started...I am excited we are about ready to get started...
2-20-2021 Newshound Guru Jeff Article: "To the executive branch to the Central Bank of Iraq" This article is not from the Central Bank of Iraq...you can only trust and believe what the central bank tells you. Not these other groups...
2-20-2021 Newshound Guru Pimpy ...I don't mind a 1 for 1 rate but you definitely don't want them to lop off the zeros and devalue the currency that we are holding...we want the zeros removed off the rate. Quote: "...work in the future to return a new exchange rate each dinar equals $3 as it was previously." Not too shabby...I'm cheering that on. I don't like the lopping the zeros...don't get me wrong, I do want to make money off the Iraqi dinar...but I just can't stand to see an entire nation getting their ass ripped off by these global interest groups... [Post 2 of 2]
2-20-2021 Newshound Guru Pimpy Article: "To the executive branch to the Central Bank of Iraq". Quote: "the new exchange rate is required for the Iraqi dinar towards U.S. dollar which is 1 dinar equals 1 U.S. dollar. That requires deleting the three zeros." That screws us by the way. Quote: "for example the 1000 dinar becomes the Iraqi dinar." In other words what they're saying, if you delete the zeros the one thousand dinar would be equivalent to one U.S. dollar. 1 for 1...that means my 5 million dinars turns into 5000 dinars and at a 1 for 1 rate I would exchange my 5000 dinars and get 5000 dollars. That's what's being suggested here... [Post 1 of 2....stay tuned]
2-20-2021 Newshound Guru Jeff Article: "The Iraqi Parliament talks about the government's presentation of a "new budget" in the coming months" Iraq's telling us they're probably going to finish their budget by sometime next week. So if they're going to finish their budget why do they need to introduce the budget in the coming months? It's because they have the same exact fiscal year as Kuwait - April through March. This is more confirming information...I know this for a fact because I've reached out and contacted the government of Iraq. I have a contact in the government of Iraq that I'm able to talk to...everything is right on track and on time...we're looking good...
2-20-2021 Intel Guru Bruce [via WiserNow] ...I did not anticipate anything for us to start this week...However…I am hearing from certain of our top bank that we are looking very strongly for a Tuesday start... I think somewhere between Monday afternoon and Tuesday morning we should be able to have the email notifications and quite possibly the toll free numbers – So that is the tentative schedule/ timeline...
2-20-2021 Newshound Guru MilitiaMan Articles: "The Kurdish delegation reveals the latest results of its negotiations with Baghdad on the budget" ; The Kurdistan government confirms that a quasi-agreement has been reached between Baghdad and Erbil" It looks to me like they have a deal since 12/2020 and now seem to be hammering out past arrears. ...Looks like they have a new formula to use too. It goes to the thinking that a new formula is based of a future exchange rate differential. They will have to have be part of the electronic system at the borders to exclusively to the non oil revenues to the treasury. Sure looks like...a digital requirement... A level playing field... They sure seem to suggest that they will have this sorted this next week or between now and then anyway...We shall see...
2-20-2021 Newshound Guru Breitling There is a whole group of people that plan on storing their wealth in cryptocurrencies for the rest of their life. I can promise you it's not going to happen. Sooner or later it's going to hurt the supply x velocity of the U.S. dollar and it's going to get shut down...what actually adds value behind a cryptocurrency? nothing...What country is backing their local currency with bitcoin? It doesn't exist...That's all you need to know...What can you buy with the cryptocurrencies? You can't...you can't pay bills with it. You can't pay medical bills with it. You can't go buy a car with it...I'm not telling people not to get into it..But I'm telling you there is a wall and that risk is too big... [Post 2 of 2]
2-20-2021 Newshound Guru Breitling [What if we would have our money into bitcoin instead of IQD?] ...I'm not against cryptocurrencies. It's a great way to store value. But there's a huge risk here...What adds value to the bitcoin? No body knows...they just shut all cryptocurrencies off in India ...Because they noticed that the supply x velocity of their local currency was going down. They traced it to people investing in bitcoin...that's exactly what the United States is going to do. I don't know when that is because there are so many U.S. dollars out there...If they get shut off you're not going to be able to exchange it for anything else. You are stuck...That's one of the most riskiest things I can think of... [Post 1 of 2...stay tuned]
2-20-2021 Intel Guru Bruce [via WiserNow] ...I know that Iraq did pass their budget – they did everything they were supposed to do and yet I do not believe that rate is going to be put out yet – but I know they are prepared to - there is the timing - to that alone – they are not going to put it out until they are ready to get started...I am excited we are about ready to get started...
2-20-2021 Newshound Guru Jeff Article: "To the executive branch to the Central Bank of Iraq" This article is not from the Central Bank of Iraq...you can only trust and believe what the central bank tells you. Not these other groups...
2-20-2021 Newshound Guru Pimpy ...I don't mind a 1 for 1 rate but you definitely don't want them to lop off the zeros and devalue the currency that we are holding...we want the zeros removed off the rate. Quote: "...work in the future to return a new exchange rate each dinar equals $3 as it was previously." Not too shabby...I'm cheering that on. I don't like the lopping the zeros...don't get me wrong, I do want to make money off the Iraqi dinar...but I just can't stand to see an entire nation getting their ass ripped off by these global interest groups... [Post 2 of 2]
2-20-2021 Newshound Guru Pimpy Article: "To the executive branch to the Central Bank of Iraq". Quote: "the new exchange rate is required for the Iraqi dinar towards U.S. dollar which is 1 dinar equals 1 U.S. dollar. That requires deleting the three zeros." That screws us by the way. Quote: "for example the 1000 dinar becomes the Iraqi dinar." In other words what they're saying, if you delete the zeros the one thousand dinar would be equivalent to one U.S. dollar. 1 for 1...that means my 5 million dinars turns into 5000 dinars and at a 1 for 1 rate I would exchange my 5000 dinars and get 5000 dollars. That's what's being suggested here... [Post 1 of 2....stay tuned]
2-20-2021 Newshound Guru Jeff Article: "The Iraqi Parliament talks about the government's presentation of a "new budget" in the coming months" Iraq's telling us they're probably going to finish their budget by sometime next week. So if they're going to finish their budget why do they need to introduce the budget in the coming months? It's because they have the same exact fiscal year as Kuwait - April through March. This is more confirming information...I know this for a fact because I've reached out and contacted the government of Iraq. I have a contact in the government of Iraq that I'm able to talk to...everything is right on track and on time...we're looking good...
2-20-2021 Intel Guru Bruce [via WiserNow] ...I did not anticipate anything for us to start this week...However…I am hearing from certain of our top bank that we are looking very strongly for a Tuesday start... I think somewhere between Monday afternoon and Tuesday morning we should be able to have the email notifications and quite possibly the toll free numbers – So that is the tentative schedule/ timeline...
2-20-2021 Newshound Guru MilitiaMan Articles: "The Kurdish delegation reveals the latest results of its negotiations with Baghdad on the budget" ; The Kurdistan government confirms that a quasi-agreement has been reached between Baghdad and Erbil" It looks to me like they have a deal since 12/2020 and now seem to be hammering out past arrears. ...Looks like they have a new formula to use too. It goes to the thinking that a new formula is based of a future exchange rate differential. They will have to have be part of the electronic system at the borders to exclusively to the non oil revenues to the treasury. Sure looks like...a digital requirement... A level playing field... They sure seem to suggest that they will have this sorted this next week or between now and then anyway...We shall see...
2-19-2021 Intel Guru Bruce [via WiserNow] ...We were really looking at getting started early this week...BUT…that didn’t happen...had we not had the snow and this ultra freezing cold... Especially look at Texas – with between 4-5 million people without power – and...Texas had the largest number of currency...OF ANY STATE...the point is…redemption centers could not all be open...286 banks and redemption centers...nationwide... were not answering a ping to them...In other words they were not open – they did not have juice...I don’t know if everyone is back on line yet...the weather - it really threw a monkey wrench into this thing...
2-19-2021 Newshound Guru Pimpy Article: "Brent oil to $64" ...I love this! $80 before summertime. That's what I'm predicting...Let's hope that's accurate because it's going to help them [Iraq] big-time...this is good because this means there's more money they can use to go out to the private sectors to start producing more jobs...$64 a barrel of course that's good news...we'll keep an eye on this.
2-19-2021 Intel Guru Frank26 Quote: "Al-Rafidain Bank announced today, Thursday, that it has withdrawn from Article seven that was previously imposed on it...the exit decision came after fulling all the financial obligations to international financial institutions..." They're telling you they are not at a program rate anymore...this is stupendous. This is immeasurable...[this article] explains why they're not handcuffed anymore. It explains why they are article 8. It explains why they're international. Soon they'll explain why their currency is international because they lifted the 3 zeros... [post 2 of 2]
2-19-2021 Intel Guru Frank26 Article: "Al-Rafidain Bank Leaves The Seventh Item" How many times have I told you Iraq is Article VIII? Since January 2018 because that's when I told you they started using a second set of books...we have an article from the IMF that said very clearly that yes Iraq is Article 8 because we're allowing them to use "mechanisms" of Article 8 for their monetary and economic reform... [post 1 of 2...stay tuned]
2-19-2021 Intel Guru MarkZ [PDK] [The RV is gonna happen in Iraq before we can cash in in the US.] Along those lines: They are openly talking about it in Iraq… Here they are talking about raising the rate on par with the US dollar. It is not a secret now and we are close…they are openly talking about raising the value...I am expecting it very soon now. We could get the call at any minute… I think we are really that close…
2-19-2021 Intel Guru Bruce [via WiserNow] Now did the weather slow us down? I think it is quite possible...look...we had over 4 million people in Texas without electricity...that had to affect not only the individual but people working...redemption centers...banks...could have been under a black out situation...
2-19-2021 Newshound Guru Jeff What are we waiting on? Who do we listen to? The CBI. What did the CBI tell us? Years ago the CBI told us that we're waiting on a fiscal budget year before that rate is going to change. When the CBI talks we listen. When does Iraq's fiscal year start? Google tells us it's January...Google and the internet are incorrect...the last data Iraq revealed publicly for a fiscal year came form the last budget they did, which was 2019. When you google Iraq's fiscal year you're seeing old data from 2019 because Iraq never did a 2020 budget. That data about the country's fiscal years comes from the last page of their budget.
2-19-2021 Newshound/Intel Gurus Walkingstick and Frank26 This time-frame will actually be a good amount of time. It's not like it will be a few days or a few weeks. It will be a few months. They will be given plenty of time. If I was to estimate it will probably be about 6 months. Does it affect you? Not at all...time will be given to the Iraqi citizens. As far as what happens outside of Iraq internationally? We do not believe there will be any affect whatsoever. The reason why, the International world needs the dinars that they have. [Post 2 of 2]
2-19-2021 Newshound/Intel Gurus Walkingstick and Frank26 ...you have to know when to hold'm and when to fold'm...After they raise the value and they introduce the small category notes there's going to be a time-frame for the Iraqi citizens to exchange their notes inside of Iraq...the 25K also has a set time in which the Iraqi citizens can exchange it - anything after that null and void for them. "Just inside?" Yes. So there's a set time in which the Iraqi citizens will have to exchange their 3 zero notes to pick up their 250, 500, 1000 notes that have already been printed...there is also a very specific time-frame for them to exchange the higher notes like the 25k notes. [post 1 of 2....stay tuned]
2-19-2021 Newshound Guru MilitiaMan Article quote: "Following the successful completion of trials, the digital transactions scheme will be activated with participating banks on Feb. 21, according to Asharq Business." they are to have internal digital payments on 02/21/2021. Keep in mind they connected to the BUNA system too. The Buna system is digital as well. Iraq's border's were to be digital or electronic on 01/15/2021. ...A level playing field has a digital signature all over it... imo... I like what I see and soon to be even better!! All of the afore is not a coincidence... It is imo by design.
2-19-2021 Newshound Guru Pimpy Article: "Brent oil to $64" ...I love this! $80 before summertime. That's what I'm predicting...Let's hope that's accurate because it's going to help them [Iraq] big-time...this is good because this means there's more money they can use to go out to the private sectors to start producing more jobs...$64 a barrel of course that's good news...we'll keep an eye on this.
2-19-2021 Intel Guru Frank26 Quote: "Al-Rafidain Bank announced today, Thursday, that it has withdrawn from Article seven that was previously imposed on it...the exit decision came after fulling all the financial obligations to international financial institutions..." They're telling you they are not at a program rate anymore...this is stupendous. This is immeasurable...[this article] explains why they're not handcuffed anymore. It explains why they are article 8. It explains why they're international. Soon they'll explain why their currency is international because they lifted the 3 zeros... [post 2 of 2]
2-19-2021 Intel Guru Frank26 Article: "Al-Rafidain Bank Leaves The Seventh Item" How many times have I told you Iraq is Article VIII? Since January 2018 because that's when I told you they started using a second set of books...we have an article from the IMF that said very clearly that yes Iraq is Article 8 because we're allowing them to use "mechanisms" of Article 8 for their monetary and economic reform... [post 1 of 2...stay tuned]
2-19-2021 Intel Guru MarkZ [PDK] [The RV is gonna happen in Iraq before we can cash in in the US.] Along those lines: They are openly talking about it in Iraq… Here they are talking about raising the rate on par with the US dollar. It is not a secret now and we are close…they are openly talking about raising the value...I am expecting it very soon now. We could get the call at any minute… I think we are really that close…
2-19-2021 Intel Guru Bruce [via WiserNow] Now did the weather slow us down? I think it is quite possible...look...we had over 4 million people in Texas without electricity...that had to affect not only the individual but people working...redemption centers...banks...could have been under a black out situation...
2-19-2021 Newshound Guru Jeff What are we waiting on? Who do we listen to? The CBI. What did the CBI tell us? Years ago the CBI told us that we're waiting on a fiscal budget year before that rate is going to change. When the CBI talks we listen. When does Iraq's fiscal year start? Google tells us it's January...Google and the internet are incorrect...the last data Iraq revealed publicly for a fiscal year came form the last budget they did, which was 2019. When you google Iraq's fiscal year you're seeing old data from 2019 because Iraq never did a 2020 budget. That data about the country's fiscal years comes from the last page of their budget.
2-19-2021 Newshound/Intel Gurus Walkingstick and Frank26 This time-frame will actually be a good amount of time. It's not like it will be a few days or a few weeks. It will be a few months. They will be given plenty of time. If I was to estimate it will probably be about 6 months. Does it affect you? Not at all...time will be given to the Iraqi citizens. As far as what happens outside of Iraq internationally? We do not believe there will be any affect whatsoever. The reason why, the International world needs the dinars that they have. [Post 2 of 2]
2-19-2021 Newshound/Intel Gurus Walkingstick and Frank26 ...you have to know when to hold'm and when to fold'm...After they raise the value and they introduce the small category notes there's going to be a time-frame for the Iraqi citizens to exchange their notes inside of Iraq...the 25K also has a set time in which the Iraqi citizens can exchange it - anything after that null and void for them. "Just inside?" Yes. So there's a set time in which the Iraqi citizens will have to exchange their 3 zero notes to pick up their 250, 500, 1000 notes that have already been printed...there is also a very specific time-frame for them to exchange the higher notes like the 25k notes. [post 1 of 2....stay tuned]
2-19-2021 Newshound Guru MilitiaMan Article quote: "Following the successful completion of trials, the digital transactions scheme will be activated with participating banks on Feb. 21, according to Asharq Business." they are to have internal digital payments on 02/21/2021. Keep in mind they connected to the BUNA system too. The Buna system is digital as well. Iraq's border's were to be digital or electronic on 01/15/2021. ...A level playing field has a digital signature all over it... imo... I like what I see and soon to be even better!! All of the afore is not a coincidence... It is imo by design.
2-18-2021 Newshound Guru Pimpy Article: "Significant increase in the central bank's sales of hard currency" ...that is a good sign...this helps build up their foreign currency assets...if you want to have strength in the dinar or any type of confidence in the dinar you have to do something to prop it up. You got to get people's confidence back in it. I'm anticipating there being this year 2021 the value of the dinar going up in increments. Not all at one time. They're gonna have to see how it affects the economy as it goes along...
2-18-2021 Newshound Guru MilitiaMan The IMF said there would be a change the rate in the fiscal year of 2020 and they did one on 12/20/2020 and then said to the effect that they may/will also do it again in early 2021...just because the first month is over doesn't mean within the first quarter is over yet, which is and can be still considered as being early 2021, imo... The suggesting of reaching out to July is unfounded in my view, as I see nothing to support that.
2-18-2021 Intel Guru Bruce [via WiserNow] We know that certain exchanges of currency for dinar, dong and Afghani had been taking place for days now...and a lot of this is in conjunction with the contract between Iraq and the United States for people returning to Iraq...they are going to use those people to rebuild that country and so this is something that we’re aware of...we know that these are ongoing...we’ve been doing this for a couple weeks or more...and its all good...
2-18-2021 Newshound/Intel Gurus Walkingstick and Frank26 They [the IMF and CBI at this Saturday's meeting] talked about the monetary reform in its entirety - from the beginning to the end. They talked about the new small category notes. Not only the date in which they will release them but the number of the note count...the value of the notes...the Iraqi dinar currency at an international level so it can be convertible. Wow! ...So they talked about the Iraqi currency (the new one that's going to be coming out), how it's going to be international and how it can be convertible. That's great...All these benchmarks IOO have all been agreed upon. Everything from the citizens to the Kurds to the budget to the international investors they all want the new exchange rate to be introduced. They all want this...
2-18-2021 Intel Guru MarkZ [via PDK] I don’t know of anybody who has received any dollars yet…Group leaders and paymasters are still being asked to stay in position…stay ready…in their seats in redemption cities and areas. I reached out to 3 different redemption centers in 2 different states and they have been asked to at least keep a skeleton crew on premise at all times. I do not know what the trigger will be.
2-18-2021 Newshound Guru Pimpy People keep looking for an RI/RV...I think what you'll see is the Iraqi dinar go up in value in increments in short periods of time as they continue to recover and they continue to really start the reconstruction...this could be a pretty quick rebound. You might see this thing jump up fairly quickly...
2-18-2021 Newshound/Intel Guru Mnt Goat Article: "THE PARLIAMENTARY DAWA PARTY BLOC CALLS FOR REDUCING THE DOLLAR EXCHANGE RATE AND INCLUDING THIS IN THE DRAFT FEDERAL BUDGET LAW" so some of the party blocs are even now putting pressure on the GOI to implement measures to raise the value of the dinar over the dollar. The White Paper says they must include the reform of the “project to delete the zeros”.
2-18-2021 Newshound Guru MilitiaMan The IMF said there would be a change the rate in the fiscal year of 2020 and they did one on 12/20/2020 and then said to the effect that they may/will also do it again in early 2021...just because the first month is over doesn't mean within the first quarter is over yet, which is and can be still considered as being early 2021, imo... The suggesting of reaching out to July is unfounded in my view, as I see nothing to support that.
2-18-2021 Intel Guru Bruce [via WiserNow] We know that certain exchanges of currency for dinar, dong and Afghani had been taking place for days now...and a lot of this is in conjunction with the contract between Iraq and the United States for people returning to Iraq...they are going to use those people to rebuild that country and so this is something that we’re aware of...we know that these are ongoing...we’ve been doing this for a couple weeks or more...and its all good...
2-18-2021 Newshound/Intel Gurus Walkingstick and Frank26 They [the IMF and CBI at this Saturday's meeting] talked about the monetary reform in its entirety - from the beginning to the end. They talked about the new small category notes. Not only the date in which they will release them but the number of the note count...the value of the notes...the Iraqi dinar currency at an international level so it can be convertible. Wow! ...So they talked about the Iraqi currency (the new one that's going to be coming out), how it's going to be international and how it can be convertible. That's great...All these benchmarks IOO have all been agreed upon. Everything from the citizens to the Kurds to the budget to the international investors they all want the new exchange rate to be introduced. They all want this...
2-18-2021 Intel Guru MarkZ [via PDK] I don’t know of anybody who has received any dollars yet…Group leaders and paymasters are still being asked to stay in position…stay ready…in their seats in redemption cities and areas. I reached out to 3 different redemption centers in 2 different states and they have been asked to at least keep a skeleton crew on premise at all times. I do not know what the trigger will be.
2-18-2021 Newshound Guru Pimpy People keep looking for an RI/RV...I think what you'll see is the Iraqi dinar go up in value in increments in short periods of time as they continue to recover and they continue to really start the reconstruction...this could be a pretty quick rebound. You might see this thing jump up fairly quickly...
2-18-2021 Newshound/Intel Guru Mnt Goat Article: "THE PARLIAMENTARY DAWA PARTY BLOC CALLS FOR REDUCING THE DOLLAR EXCHANGE RATE AND INCLUDING THIS IN THE DRAFT FEDERAL BUDGET LAW" so some of the party blocs are even now putting pressure on the GOI to implement measures to raise the value of the dinar over the dollar. The White Paper says they must include the reform of the “project to delete the zeros”.
2-17-2021 Intel Guru Bruce [via WiserNow] What’s amazing is that it looks like that once that QF System is completely been active and activated globally – that would give us the go ahead to begin with what it is we’re waiting for...it could be this week but we don’t know for sure... could we have gone before these series of test were completed – I don’t think so - I think that is why we are waiting for that to occur...So hopefully we are almost there with the idea that the stress testing being completed tomorrow [Wednesday] and then we can get moving forward - I know everybody around the globe is anticipating this and so I’m anticipating along with you... [post 2 of 2]
2-17-2021 Intel Guru Bruce [via WiserNow] ...we’ve got some information that’s saying that we have at least a 2 day series of testing – that amounts to stress tests for the banks - yesterday we had a stress test on the banks in the United States through the QF System – and today and tonight and overnight we believe that stress test extended globally to all of the banks around the world to totally stress test the QF System...We know that the system has been activated in some aspects for a while sometime but has not yet fully come on line and become fully activated yet...Our theory is that these stress tests banks are going through are to see how the system will handle the influx of big sums of money from these exchanges globally – so far the system performed beautifully - we will see how they do today and tonight and overnight... [post 1 of 2....stay tuned]
2-17-2021 Intel Guru Frank26 There's actually people who think they're not going to pay any taxes on this. I'm sorry but that's beyond silly...our government knows you're going to make millions and millions and they're going to turn away and say I have no interest in collecting any of that? Beijing Biden is going to destroy you...but there are ways to take care of yourself and I wish you well. [NOTE: At the appropriate time consult with your financial and tax professional so there are no surprises.]
2-17-2021 Newshound Guru Kaperoni Iraq is trying to reform it's economy. This takes time. There is no overnight solutions or magic RV's. They announced today they are beginning to implement the White Paper reforms. So we watch.
2-17-2021 Newshound/Intel Gurus Walkingstick and Frank26 This [past] Saturday meeting the CBI and the IMF were given a specific time IMO in the near future to lift the exchange rate value...The reason why the IMF wants it done on this specific date is because of the IMF's serious concerns of impending inflation of their currency...due to the stoppage of their auctions...They got no currency! Of course the IMF is concerned about impending currency inflation to smack Iraq right in the face. That would be a tragedy...In the same breath they talked about the new small category notes...
2-17-2021 Intel Guru MarkZ [via PDK] Still sitting at the edge of our seats... waiting for something to move. Nothing has changed. They still have people stay in place... We are on the precipice of this thing...I don’t know what the trigger is. Will there be a big “yahoo” moment or “ta da”... The dinar value has not changed yet in Iraq. Think about it rationally…when Iraq goes (unlike Kuwait who had a 10 day wait/blackout because it was before the internet, chat rooms, smart phones ect….) When Iraq goes it will be a shotgun. Everybody goes at once.
2-17-2021 Newshound Guru Pimpy Article: "Saleh: High oil prices will push the government to prepare a supplementary budget" I already heard some of the gurus out there thinking that this is something to do with changing the rate...IMO nowhere on here does it say this would affect the rate of the dinar. One of the reasons why they have a lower deficit than they had before is because they devalued the dinar. So if they wanted to hurry up and be able to cover their budget you might not see a change in the rate of the Iraqi dinar...
2-17-2021 Newshound Guru MilitiaMan Article quote: "An economist warns of a decline in the citizen's purchasing power as the dollar’s exchange rate continues to rise" ...a move to the private sector is upon Iraq...If not disaster looms... We see that the dollar auctions are not the same as they were in the past and now there are calls now for them to cease abroad as well, imo... That is powerful. 0 $ - Auctions, means to me a rate change is coming to offset the liquidity needed to run the country with new Dinar... Fairly sure that is the plan and the world knows it... As in the G7, UST, IMF, WG, WTO, BUNA, SWIFT, etc... All support the move and even a digital one...they are all involved in the architecture of the larger plan...imo...
2-17-2021 Intel Guru Bruce [via WiserNow] ...we’ve got some information that’s saying that we have at least a 2 day series of testing – that amounts to stress tests for the banks - yesterday we had a stress test on the banks in the United States through the QF System – and today and tonight and overnight we believe that stress test extended globally to all of the banks around the world to totally stress test the QF System...We know that the system has been activated in some aspects for a while sometime but has not yet fully come on line and become fully activated yet...Our theory is that these stress tests banks are going through are to see how the system will handle the influx of big sums of money from these exchanges globally – so far the system performed beautifully - we will see how they do today and tonight and overnight... [post 1 of 2....stay tuned]
2-17-2021 Intel Guru Frank26 There's actually people who think they're not going to pay any taxes on this. I'm sorry but that's beyond silly...our government knows you're going to make millions and millions and they're going to turn away and say I have no interest in collecting any of that? Beijing Biden is going to destroy you...but there are ways to take care of yourself and I wish you well. [NOTE: At the appropriate time consult with your financial and tax professional so there are no surprises.]
2-17-2021 Newshound Guru Kaperoni Iraq is trying to reform it's economy. This takes time. There is no overnight solutions or magic RV's. They announced today they are beginning to implement the White Paper reforms. So we watch.
2-17-2021 Newshound/Intel Gurus Walkingstick and Frank26 This [past] Saturday meeting the CBI and the IMF were given a specific time IMO in the near future to lift the exchange rate value...The reason why the IMF wants it done on this specific date is because of the IMF's serious concerns of impending inflation of their currency...due to the stoppage of their auctions...They got no currency! Of course the IMF is concerned about impending currency inflation to smack Iraq right in the face. That would be a tragedy...In the same breath they talked about the new small category notes...
2-17-2021 Intel Guru MarkZ [via PDK] Still sitting at the edge of our seats... waiting for something to move. Nothing has changed. They still have people stay in place... We are on the precipice of this thing...I don’t know what the trigger is. Will there be a big “yahoo” moment or “ta da”... The dinar value has not changed yet in Iraq. Think about it rationally…when Iraq goes (unlike Kuwait who had a 10 day wait/blackout because it was before the internet, chat rooms, smart phones ect….) When Iraq goes it will be a shotgun. Everybody goes at once.
2-17-2021 Newshound Guru Pimpy Article: "Saleh: High oil prices will push the government to prepare a supplementary budget" I already heard some of the gurus out there thinking that this is something to do with changing the rate...IMO nowhere on here does it say this would affect the rate of the dinar. One of the reasons why they have a lower deficit than they had before is because they devalued the dinar. So if they wanted to hurry up and be able to cover their budget you might not see a change in the rate of the Iraqi dinar...
2-17-2021 Newshound Guru MilitiaMan Article quote: "An economist warns of a decline in the citizen's purchasing power as the dollar’s exchange rate continues to rise" ...a move to the private sector is upon Iraq...If not disaster looms... We see that the dollar auctions are not the same as they were in the past and now there are calls now for them to cease abroad as well, imo... That is powerful. 0 $ - Auctions, means to me a rate change is coming to offset the liquidity needed to run the country with new Dinar... Fairly sure that is the plan and the world knows it... As in the G7, UST, IMF, WG, WTO, BUNA, SWIFT, etc... All support the move and even a digital one...they are all involved in the architecture of the larger plan...imo...
2-16-2021 Newshound Guru Jeff Since December to now, mid-February, both the World Bank and the IMF have shown their face more than they have before. Why? It's because both the World Bank and the IMF are bringing Iraq to the finish line...both the World Bank and the IMF are working with Iraq to bring their economy and country to the international world...
2-16-2021 Intel Guru Frank26 Article: "Iraqi government to begin implementation phase of the white paper for economic reform" What's in the White Papers IMO? A rate...those that are coming in that are going to rebuild economically the country of Iraq you think they've been shown this new exchange rate? IMO hell yes! Quote: "The Iraqi government is preparing to begin the implementation phase of its reform program known as the White Paper for Economic Reform." ...the implementation mechanism of the new exchange rate. The white papers are coming out. IMO you know what's in them. You can see the only way to launch, explode, implement the economic reform is by what? First having the monetary reform...
2-16-2021 Newshound/Intel Guru Mnt Goat Article: "AN ECONOMIST: THE FORMATION OF A COMMITTEE FOR ECONOMIC REFORM IS A GOOD AND UNPRECEDENTED STEP TO IMPLEMENT THE PROVISIONS OF THE WHITE PAPER" did you read it? I quote “FORMATION OF A COMMITTEE FOR ECONOMIC REFORM IS A GOOD AND UNPRECEDENTED STEP TO IMPLEMENT THE PROVISIONS OF THE WHITE PAPER.” Yes, an UNPRECEDENTED STEP.
2-16-2021 Intel Guru MarkZ [via PDK] [Mark how close are we to the RV in your opinion?] I think between now and the first week of March. I am leaning towards the month of February if you want to know my gut feeling. Just my guess…Still more news from Iraq about the lifting or raising the value of the dinar so they can remove the 3 zeros…this was published in 3 different publications in Iraq over the weekend...the news out of Iraq is phenomenal…
2-16-2021 Newshound Guru Jeff This is not pegged to our calendar. This is pegged to God's Hebrew calendar. Iraq implemented a 90-day tool on December 20th to reduce the 3 zero note count in the country of Iraq...that 90-day step ends Sunday March 21st. The first month of the Hebrew new year is their 7th month. It's the month of Nisan...
2-16-2021 Intel Guru Frank26 Article: "Is there a threat to hard currency reserves? The Central bank explains" They're telling you they not only have enough to back up their hard currency but also their digital currency...they are trying to tell you they have a new exchange rate...It's right in front of your eyes.
2-16-2021 Intel Guru MarkZ We are seeing the 2021 Budget coming out in Iraq …they have to have a value for it and it has be in effect by April 1st. No new value in Iraq over the weekend like I thought there might be but there are articles out now about deleting the 3 zeros to raise the value of the dinar and the de-dollarization of their economy and that they would be competing internationally. I believe we are close and have been waiting for this. I am looking for things to take off at break-neck speed now. When we think things are not happening…there are a lot of things happening in the background.
2-16-2021 Intel Guru Frank26 Article: "Iraqi government to begin implementation phase of the white paper for economic reform" What's in the White Papers IMO? A rate...those that are coming in that are going to rebuild economically the country of Iraq you think they've been shown this new exchange rate? IMO hell yes! Quote: "The Iraqi government is preparing to begin the implementation phase of its reform program known as the White Paper for Economic Reform." ...the implementation mechanism of the new exchange rate. The white papers are coming out. IMO you know what's in them. You can see the only way to launch, explode, implement the economic reform is by what? First having the monetary reform...
2-16-2021 Newshound/Intel Guru Mnt Goat Article: "AN ECONOMIST: THE FORMATION OF A COMMITTEE FOR ECONOMIC REFORM IS A GOOD AND UNPRECEDENTED STEP TO IMPLEMENT THE PROVISIONS OF THE WHITE PAPER" did you read it? I quote “FORMATION OF A COMMITTEE FOR ECONOMIC REFORM IS A GOOD AND UNPRECEDENTED STEP TO IMPLEMENT THE PROVISIONS OF THE WHITE PAPER.” Yes, an UNPRECEDENTED STEP.
2-16-2021 Intel Guru MarkZ [via PDK] [Mark how close are we to the RV in your opinion?] I think between now and the first week of March. I am leaning towards the month of February if you want to know my gut feeling. Just my guess…Still more news from Iraq about the lifting or raising the value of the dinar so they can remove the 3 zeros…this was published in 3 different publications in Iraq over the weekend...the news out of Iraq is phenomenal…
2-16-2021 Newshound Guru Jeff This is not pegged to our calendar. This is pegged to God's Hebrew calendar. Iraq implemented a 90-day tool on December 20th to reduce the 3 zero note count in the country of Iraq...that 90-day step ends Sunday March 21st. The first month of the Hebrew new year is their 7th month. It's the month of Nisan...
2-16-2021 Intel Guru Frank26 Article: "Is there a threat to hard currency reserves? The Central bank explains" They're telling you they not only have enough to back up their hard currency but also their digital currency...they are trying to tell you they have a new exchange rate...It's right in front of your eyes.
2-16-2021 Intel Guru MarkZ We are seeing the 2021 Budget coming out in Iraq …they have to have a value for it and it has be in effect by April 1st. No new value in Iraq over the weekend like I thought there might be but there are articles out now about deleting the 3 zeros to raise the value of the dinar and the de-dollarization of their economy and that they would be competing internationally. I believe we are close and have been waiting for this. I am looking for things to take off at break-neck speed now. When we think things are not happening…there are a lot of things happening in the background.
2-15-2021 Newshound Guru Jeff December 20th is when they officially started the reforms by devaluing the currency. Why did Iraq devalue the currency? That was a directive and a requirement by the IMF and the World Bank to reduce the 3 zero note count in the country of Iraq so the citizens don't get rich...It was a 90-day tool. That's why they started it on December 20th. Add 90 days to a Sunday and you got your rate change day
2-15-2021 Newshound Guru MilitiaMan The recalculating assets, incomes streams from oil, border crossings, tourism, fresh new liquid natural gas income from halting its flaring, agriculture, mineral extraction, etc., all play a roll in the valuation process of the country and her currency. The budget needs the rate not the other way around.
2-15-2021 Newshound Guru Jeff Who should we be listening to? The only group you should be listening to is the CBI...the CBI has put out many articles where they said they're going to delete the zeros (meaning change the rate) at the beginning of a new budget fiscal period...that's exactly why I keep throwing you clues that Iraq is walking in Kuwait's footsteps. What did Kuwait do? Kuwait changed their rate on March 24th of '91. Why? Because Kuwait's fiscal year starts April 1st. Iraq is no different...when the CBI talks those are the only ones you really need to listen to...
2-15-2021 Newshound/Intel Guru Mnt Goat Remember...this year the Kuwait compensation will be all paid up and completed. This frees Iraq from any war time debt owed...
2-15-2021 Newshound Guru Jeff ...Is there any news we should be aware of? Is anything major happening that's critical? The answer is you're seeing the last final step right before your eyes. It's the '21 budget...I've already told you when their fiscal is. Their fiscal year starts April 1st. I know that for a fact because I've reached out and consulted with the Iraqi government...that's where we're at. The '21 budget is the last step before the rate change...Iraq is very clearly walking in Kuwait's footsteps.
2-15-2021 Newshound Guru Pimpy Article: "The price of a barrel of Brent crude oil reaches $62.34" It seems like it's going up about a buck or so every couple weeks. This is good. Keep on going up. I know we want Iraq to rely on something else other than oil but it sure would be nice if they got a lot of revenue higher than what they budgeted for. This can help them really start taking a lot of these monies...so they can start developing and reconstructing Iraq, provide jobs to the public. This is what we're looking for...as there's more jobs that are available then...the dinar becomes stronger.
2-15-2021 Newshound Guru MilitiaMan The recalculating assets, incomes streams from oil, border crossings, tourism, fresh new liquid natural gas income from halting its flaring, agriculture, mineral extraction, etc., all play a roll in the valuation process of the country and her currency. The budget needs the rate not the other way around.
2-15-2021 Newshound Guru Jeff Who should we be listening to? The only group you should be listening to is the CBI...the CBI has put out many articles where they said they're going to delete the zeros (meaning change the rate) at the beginning of a new budget fiscal period...that's exactly why I keep throwing you clues that Iraq is walking in Kuwait's footsteps. What did Kuwait do? Kuwait changed their rate on March 24th of '91. Why? Because Kuwait's fiscal year starts April 1st. Iraq is no different...when the CBI talks those are the only ones you really need to listen to...
2-15-2021 Newshound/Intel Guru Mnt Goat Remember...this year the Kuwait compensation will be all paid up and completed. This frees Iraq from any war time debt owed...
2-15-2021 Newshound Guru Jeff ...Is there any news we should be aware of? Is anything major happening that's critical? The answer is you're seeing the last final step right before your eyes. It's the '21 budget...I've already told you when their fiscal is. Their fiscal year starts April 1st. I know that for a fact because I've reached out and consulted with the Iraqi government...that's where we're at. The '21 budget is the last step before the rate change...Iraq is very clearly walking in Kuwait's footsteps.
2-15-2021 Newshound Guru Pimpy Article: "The price of a barrel of Brent crude oil reaches $62.34" It seems like it's going up about a buck or so every couple weeks. This is good. Keep on going up. I know we want Iraq to rely on something else other than oil but it sure would be nice if they got a lot of revenue higher than what they budgeted for. This can help them really start taking a lot of these monies...so they can start developing and reconstructing Iraq, provide jobs to the public. This is what we're looking for...as there's more jobs that are available then...the dinar becomes stronger.
2-14-2021 Newshound Guru MilitiaMan ...Taxes and Tariffs, Liquid Natural Gas, Tourism, Phosphates, Sulfur, Gold, and on an on, will support their REER (Real Effective Exchange Rate)!! Big time...imo...
2-14-2021 Intel Guru Frank26 ...we needed the only obstacle, Iran, to stop it [bombing, stealing and causing trouble]. Somehow or another Kazemi worked out a deal...with Iran . You understand the importance of all this right? Security/stability...
2-14-2021 Newshound/Intel Guru Mnt Goat ...as far as I know, the only way they can pay for imports if they cancel the currency auctions is to use the dinar. If they use the dinar it will have to be globally tradable. Am I missing something? So, if it is globally tradable it will have to be reinstated on FOREX. If it is reinstated on FOREX we get to go to the bank. Then only question is about the new rate but we have a good idea what the rate will be as we can see the proposed rates on the bank screens in a “on-hold” state. It is currently at $5 plus. Yes, I said it is over $5.00 dollars in exchange for one dinar. But to get this we will need to see the revaluation in Iraq first, deletion of the zeros and the end to the currency auctions. So there is lots to do but it can all occur very suddenly...
2-14-2021 Newshound Guru MilitiaMan There has been some good things happening. What we believe that we're seeing is a change that's being presented on foreign currency sites that shows some support for what we've been talking about...what the IMF...the AMF...and the Central Bank is converging to use a digital system....so that they're going to use...less cash...from the IMF's information, from the AMF information and for all the information about Iraq not wanting to hurt the vulnerable, the obvious is what? Something different is coming...this whole thing is by design...
2-14-2021 Intel Guru Frank26 ...the CBI is doing an excellent job. A wonderful job. They're on track... Article: "State law calls for reducing the price of the dollar and stresses: The citizen is a red line" ...the CBI which is who this article is from is talking about the exchange rate of the Iraqi dinar and how they're going to treat it...the purpose is to reduce the exchange rate of the dollar...they're talking about reducing the 3 zeros from the IQD...we told you Monday that the CBI was once again going to start talking about the lifting of the value of the Iraqi currency by removing the 3 zeros from its exchange rate and ladies and gentleman there it is...I believe next week into the following week you're going to see so many more articles about this subject.
2-14-2021 Newshound/Intel Guru Mnt Goat ...I talked about Iraq joining the Bona service for currency exchange practices between middle eastern countries. I explained what this may mean for the Iraq dinar. Now they can pay for imports using the dinar. This will allow the currency auctions to finally end...
2-14-2021 Intel Guru Frank26 ...we needed the only obstacle, Iran, to stop it [bombing, stealing and causing trouble]. Somehow or another Kazemi worked out a deal...with Iran . You understand the importance of all this right? Security/stability...
2-14-2021 Newshound/Intel Guru Mnt Goat ...as far as I know, the only way they can pay for imports if they cancel the currency auctions is to use the dinar. If they use the dinar it will have to be globally tradable. Am I missing something? So, if it is globally tradable it will have to be reinstated on FOREX. If it is reinstated on FOREX we get to go to the bank. Then only question is about the new rate but we have a good idea what the rate will be as we can see the proposed rates on the bank screens in a “on-hold” state. It is currently at $5 plus. Yes, I said it is over $5.00 dollars in exchange for one dinar. But to get this we will need to see the revaluation in Iraq first, deletion of the zeros and the end to the currency auctions. So there is lots to do but it can all occur very suddenly...
2-14-2021 Newshound Guru MilitiaMan There has been some good things happening. What we believe that we're seeing is a change that's being presented on foreign currency sites that shows some support for what we've been talking about...what the IMF...the AMF...and the Central Bank is converging to use a digital system....so that they're going to use...less cash...from the IMF's information, from the AMF information and for all the information about Iraq not wanting to hurt the vulnerable, the obvious is what? Something different is coming...this whole thing is by design...
2-14-2021 Intel Guru Frank26 ...the CBI is doing an excellent job. A wonderful job. They're on track... Article: "State law calls for reducing the price of the dollar and stresses: The citizen is a red line" ...the CBI which is who this article is from is talking about the exchange rate of the Iraqi dinar and how they're going to treat it...the purpose is to reduce the exchange rate of the dollar...they're talking about reducing the 3 zeros from the IQD...we told you Monday that the CBI was once again going to start talking about the lifting of the value of the Iraqi currency by removing the 3 zeros from its exchange rate and ladies and gentleman there it is...I believe next week into the following week you're going to see so many more articles about this subject.
2-14-2021 Newshound/Intel Guru Mnt Goat ...I talked about Iraq joining the Bona service for currency exchange practices between middle eastern countries. I explained what this may mean for the Iraq dinar. Now they can pay for imports using the dinar. This will allow the currency auctions to finally end...
2-13-2021 Intel Guru MarkZ [via PDK] [Mark what do you think about Biden's tax how will the increase effect us if this goes and how do you minimize.] When this goes it should not affect us because that will mean we are done with the Federal Reserve. When we go to the gold standard this means we are and getting rid of the corrupt. I have set aside currency just in case…but I do not think it will affect us. [Note: Always consult with your tax professional at the appropriate time.]
2-13-2021 Newshound/Intel Guru Mnt Goat ...another tip for us is to watch what the GOI is about to do with the collections of the customs and tariffs. They have told us there is an electronic service to be used for this collection process and that this service must be capable of accessing the international currency exchanges. How else would they convert the currencies to the countries of origin and destination? We have known about this service for a long while. They have tried in the past to use this service unsuccessfully since the dinar was not yet international they could not.
2-13-2021 Intel Guru Frank26 I told you to circle on your calendar the 8th. Dear God it's historical. They stopped the auctions...they're going to stop what we want. The stealing of the American dollar from Iran through the auctions. And we're going to get rid of the Iranian influence in the parliament. Those things have been done. Cross them out. That's historical. Two days later here we are Iraq is coming out and saying we have a digital Iraqi currency now...a digital Iraqi dinar is international...these are telltale signs that SCREAM what they're doing. You know that...you see the shore of the Iraqi reinstatement of this monetary reform...be patient as you get closer, closer and closer so we can land ashore together...
2-13-2021 Intel Guru MarkZ [via PDK] [IMO, VND will be $.47 up to $2.37 contract rate. IT COULD be higher depending upon the Bank you use. Some banks WANT your business and are prepared to offer MORE for your DONG ! IMO and research.] That is pretty close to what I think.
2-13-2021 Intel Guru RayRen98 US BANKS ARE "ON LOCATION" TODAY... WAITING FOR THE "GO" SIGNAL! (NOT SURE ABOUT TEXAS, YET) THINGS ARE LOOKING VERY GOOD, "MORE" PROGRESS IS IN THE MAKING! Trying to confirm some "reported" activity for the "first wavers". I FEEL GOOD-er THAN GOOD!!!¨
2-13-2021 Newshound/Intel Guru Mnt Goat I have told everyone so many times already that the VERY BEST time for the CBI too reinstate the dinar is at the beginning of a new fiscal year. The fiscal year begins in January. They have no plans to change the fiscal year to April... The new budget is not yet passed and opened to spend and so this is not yet over and there is still time that we might see something from all this. The CBI must now coordinate with the finance ministry on the auditing process to ensure they too are all set to go.
2-13-2021 Intel Guru Frank26 Question: "Will it [exchanging Iraqi dinar] be a taxable even?" Have you ever made money where it's not taxable? So please don't lie to yourself. Don't try to fool yourself. "This is not a table event." Really? You're gonna make a profit and Uncle Sam is gonna be like I didn't see that? ...our treasury knows exactly how many dinars you have...it is a taxable event...It's going to be capital gains tax. If Biden has anything to do with it it will be about 45%. And then you have the spread to deal with and bank fees and everything else. You might end up with about 40%...with Trump it [tax rate] would have been about 15% and probably no higher than about 35%... [note: consult your tax professionals at the appropriate time.]
2-13-2021 Newshound/Intel Guru Mnt Goat ...another tip for us is to watch what the GOI is about to do with the collections of the customs and tariffs. They have told us there is an electronic service to be used for this collection process and that this service must be capable of accessing the international currency exchanges. How else would they convert the currencies to the countries of origin and destination? We have known about this service for a long while. They have tried in the past to use this service unsuccessfully since the dinar was not yet international they could not.
2-13-2021 Intel Guru Frank26 I told you to circle on your calendar the 8th. Dear God it's historical. They stopped the auctions...they're going to stop what we want. The stealing of the American dollar from Iran through the auctions. And we're going to get rid of the Iranian influence in the parliament. Those things have been done. Cross them out. That's historical. Two days later here we are Iraq is coming out and saying we have a digital Iraqi currency now...a digital Iraqi dinar is international...these are telltale signs that SCREAM what they're doing. You know that...you see the shore of the Iraqi reinstatement of this monetary reform...be patient as you get closer, closer and closer so we can land ashore together...
2-13-2021 Intel Guru MarkZ [via PDK] [IMO, VND will be $.47 up to $2.37 contract rate. IT COULD be higher depending upon the Bank you use. Some banks WANT your business and are prepared to offer MORE for your DONG ! IMO and research.] That is pretty close to what I think.
2-13-2021 Intel Guru RayRen98 US BANKS ARE "ON LOCATION" TODAY... WAITING FOR THE "GO" SIGNAL! (NOT SURE ABOUT TEXAS, YET) THINGS ARE LOOKING VERY GOOD, "MORE" PROGRESS IS IN THE MAKING! Trying to confirm some "reported" activity for the "first wavers". I FEEL GOOD-er THAN GOOD!!!¨
2-13-2021 Newshound/Intel Guru Mnt Goat I have told everyone so many times already that the VERY BEST time for the CBI too reinstate the dinar is at the beginning of a new fiscal year. The fiscal year begins in January. They have no plans to change the fiscal year to April... The new budget is not yet passed and opened to spend and so this is not yet over and there is still time that we might see something from all this. The CBI must now coordinate with the finance ministry on the auditing process to ensure they too are all set to go.
2-13-2021 Intel Guru Frank26 Question: "Will it [exchanging Iraqi dinar] be a taxable even?" Have you ever made money where it's not taxable? So please don't lie to yourself. Don't try to fool yourself. "This is not a table event." Really? You're gonna make a profit and Uncle Sam is gonna be like I didn't see that? ...our treasury knows exactly how many dinars you have...it is a taxable event...It's going to be capital gains tax. If Biden has anything to do with it it will be about 45%. And then you have the spread to deal with and bank fees and everything else. You might end up with about 40%...with Trump it [tax rate] would have been about 15% and probably no higher than about 35%... [note: consult your tax professionals at the appropriate time.]
2-12-2021 Intel Guru Bruce [via WiserNow] ...things are getting kind of tight and quiet...lot of people are under gag orders ...we were able to glean some information today which was very helpful...I think we might want to keep a close eye on the weekend and also early next week...Rates are not a question...not a problem... everything is good as far as that goes – I would just say we’re very very very close... and it’s finally coming to fruition...we have a 3 day weekend coming up...President’s Day on Monday and banks will be closed – It does not mean that you could not get notified however...we will see what happens over the weekend and we should be in good shape for early next week... We have to know that this is going to be released when everyone feels that the security is where it needs to be...This could be a really good weekend for us and early next week...
2-12-2021 Intel Guru Frank26 Article: "Expert: The Formation of the Committee For Economic Reform Will Begin To Restructure The Iraqi Economy". Quote: "The formation of a reform committee by the prime minister is an unprecedented step and an operational aspect of the white paper and thus the beginning of structuring the Iraqi economy." I like it a lot.
2-12-2021 Intel Guru MarkZ [via PDK] This is a weekend where everyone is sitting at the edge of their seats…but manage your expectations. We do not control the timing…what we do know is everyone needs to be ready when it does. Everyone on the banking side needs to be ready at the drop of a hat to pull everything off in a timely manner. It’s like being a fireman…hurry up and wait…That is where we are at…everyone is prepared and ready. [post 2 of 2]
2-12-2021 Intel Guru MarkZ [via PDK] ...more whales are being pushed to be ready to travel this weekend. They have not been told to travel yet…just to have their currency ready…everything prepared...ready to travel. Even Iraq has been quiet since yesterday morning...they are positioned for (what we expect) to be a ground breaking vote as they finish everything necessary for their budget. [post 1 of 2....stay tuned]
2-12-2021 Intel Guru Frank26 What do we do when it's time to exchange? You've got to know when to hold'm and when to let go of them. I wish you well in that because some people are going to rush like crazy to exchange. I'm not. Ever see a stampede? There's some serious damage. I'm gonna wait till the dust clears. I want to see what banks are doing as the days and weeks go by.
2-12-2021 Newshound/Intel Guru Mnt Goat The finance ministry is telling us that they expect to pass the final 2021 budget this Saturday or Sunday. It is a two-year budget. Kurdistan is the holdup but as usual, they will work out negotiations with them and will need a few days to do so. Even if all goes well with the Kurds, don’t expect a reinstatement the next day...Instead relax and know it is coming soon and you will probably not have to wait until the year 2022.
2-12-2021 Intel Guru Texas Snake [Exchange centers or banks?] ...The exchange centers I know are manned by banks…either WF, BOA, Chase ect…. The banker I am dealing with is in charge of Texas and 4 other states …He has everyone in all the locations he is involved with trained and capable of doing exchanging.
2-12-2021 Intel Guru MarkZ [via PDK] [Will you still post the 800 numbers Mark?] Im not sure there will be 800 numbers or secure links…I am told its now going to be a secure link…with a backup number in case the link does not work. I have been told by two different banks that I will get two different secure links from them and that I will be able to share with you guys. These are two of the top four banks in the country [Note: Always consult your financial advisors at the appropriate time. Gurus warn to be extraordinarily careful about links, 800# and exchange locations floating around the internet.]
2-12-2021 Intel Guru Frank26 Article: "Expert: The Formation of the Committee For Economic Reform Will Begin To Restructure The Iraqi Economy". Quote: "The formation of a reform committee by the prime minister is an unprecedented step and an operational aspect of the white paper and thus the beginning of structuring the Iraqi economy." I like it a lot.
2-12-2021 Intel Guru MarkZ [via PDK] This is a weekend where everyone is sitting at the edge of their seats…but manage your expectations. We do not control the timing…what we do know is everyone needs to be ready when it does. Everyone on the banking side needs to be ready at the drop of a hat to pull everything off in a timely manner. It’s like being a fireman…hurry up and wait…That is where we are at…everyone is prepared and ready. [post 2 of 2]
2-12-2021 Intel Guru MarkZ [via PDK] ...more whales are being pushed to be ready to travel this weekend. They have not been told to travel yet…just to have their currency ready…everything prepared...ready to travel. Even Iraq has been quiet since yesterday morning...they are positioned for (what we expect) to be a ground breaking vote as they finish everything necessary for their budget. [post 1 of 2....stay tuned]
2-12-2021 Intel Guru Frank26 What do we do when it's time to exchange? You've got to know when to hold'm and when to let go of them. I wish you well in that because some people are going to rush like crazy to exchange. I'm not. Ever see a stampede? There's some serious damage. I'm gonna wait till the dust clears. I want to see what banks are doing as the days and weeks go by.
2-12-2021 Newshound/Intel Guru Mnt Goat The finance ministry is telling us that they expect to pass the final 2021 budget this Saturday or Sunday. It is a two-year budget. Kurdistan is the holdup but as usual, they will work out negotiations with them and will need a few days to do so. Even if all goes well with the Kurds, don’t expect a reinstatement the next day...Instead relax and know it is coming soon and you will probably not have to wait until the year 2022.
2-12-2021 Intel Guru Texas Snake [Exchange centers or banks?] ...The exchange centers I know are manned by banks…either WF, BOA, Chase ect…. The banker I am dealing with is in charge of Texas and 4 other states …He has everyone in all the locations he is involved with trained and capable of doing exchanging.
2-12-2021 Intel Guru MarkZ [via PDK] [Will you still post the 800 numbers Mark?] Im not sure there will be 800 numbers or secure links…I am told its now going to be a secure link…with a backup number in case the link does not work. I have been told by two different banks that I will get two different secure links from them and that I will be able to share with you guys. These are two of the top four banks in the country [Note: Always consult your financial advisors at the appropriate time. Gurus warn to be extraordinarily careful about links, 800# and exchange locations floating around the internet.]
2-11-2021 Newshound Guru Adam Montana ...Iraq has a majority of the OIL in the world. There's no way in heck that the WORLD will just pretend that oil isn't there. There is NO WAY that they can't use their resources to "buy in" to anything they want. So... what's with all this talk about Iraq not being able to use USD? I'll answer. It's an idle threat, but a promising one. It means Iraq has one more reason to up their game, Iraq has yet another reason to RV, and the world has one more reason to accept the "NEW" rate, even if it surprises everyone... it's going to happen when it happens, and we are ready and here! [post 2 of 2]
2-11-2021 Newshound Guru Adam Montana ...there is TALK that Iraq isn't able to use USD anymore. Or they won't be able to, or they shouldn't, or whatever...If Iraq is currently unable to use USD (that's not entirely the case at the moment, but follow along) then they couldn't conduct auctions, they couldn't trade anywhere that uses the USD (that's everywhere), and they would basically fall into absolute poverty and die of malnutrition. Does that sound like a serious possibility? Of course not... [post 1 of 2....stay tuned]
2-11-2021 Intel Guru MarkZ [via PDK] I have talked to a number of “whales” or big investors…I have talked to quite a few and they have received a notice to pack their bags and prepare for travel as early as this weekend for redemption and exchanges…this does not mean it’s happening this weekend but that we are at a higher level of alert then we have been in 6-8 years…imo… I don’t think I have seen this much activity on the group side or redemption side since 2012. They all are all ramped up and ready.
2-11-2021 Intel Guru Frank26 If they [Iraq] can't use the American dollar, they can't use foreign currency, they can't use any other type of borrowing system, they can only use their currency but it has no value and they are about to explode economically and the whole international world is inviting them to be a part of it with their currency. Which currency? Not the American dollar. Not any foreign currency. Their currency of international status. That part is coming.
2-11-2021 Newshound/Intel Guru Petra I want everyone to understand that they are throwing around a lot of confusion. A huge amount of confusion...I believe we are in the end days of this...
2-11-2021 Intel Guru MarkZ [via PDK] I am hearing pretty good things from Iraq…I finally talked to some of my contacts there. They have passed all their budget stuff and I am told that they expect the final vote on the budget on Saturday. The chatter from Iraq is absolutely fantastic that we should see something as early as Saturday but for sure in the month of February on the new value...
2-11-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] Lifting the 3 zeros from their exchange rate should be a hot topic in articles in the near approximate future.
2-11-2021 Intel Guru Frank26 In case you missed it the CBI stopped the auctions...[Monday]. They can't use the American dollar anymore...So what's left to use? What's left is the Iraqi dinar. But the Iraqi dinar has no value - not only for the citizens but also for the government to run its country especially with the budget at those astronomical numbers. The IMF knows this too. And the World Bank knows this too. Both of them have said very clearly Iraq is in the process of raising the value of their currency...the stoppage of the auctions is a step of the monetary reform of the Iraqi dinar...it is a crucial step in adding value, lifting the 3 zeros from their exchange rate and it's being done.
2-11-2021 Intel Gurus Texas Snake & MarkZ [Do you have any idea where other people will be able to exchange around the world?] I think HSBC will be one of the main International banks…Also Bank of London is involved... In Australia I am told its HSBC - the Melbourne location. Also Scotia Bank and Royal Bank in Canada. HSBC in S. Africa. Only 2 main cities for exchanges…There will be regional banks at many locations that will correspond and be connected to those major banks for people to exchange into.
2-11-2021 Newshound Guru Adam Montana ...there is TALK that Iraq isn't able to use USD anymore. Or they won't be able to, or they shouldn't, or whatever...If Iraq is currently unable to use USD (that's not entirely the case at the moment, but follow along) then they couldn't conduct auctions, they couldn't trade anywhere that uses the USD (that's everywhere), and they would basically fall into absolute poverty and die of malnutrition. Does that sound like a serious possibility? Of course not... [post 1 of 2....stay tuned]
2-11-2021 Intel Guru MarkZ [via PDK] I have talked to a number of “whales” or big investors…I have talked to quite a few and they have received a notice to pack their bags and prepare for travel as early as this weekend for redemption and exchanges…this does not mean it’s happening this weekend but that we are at a higher level of alert then we have been in 6-8 years…imo… I don’t think I have seen this much activity on the group side or redemption side since 2012. They all are all ramped up and ready.
2-11-2021 Intel Guru Frank26 If they [Iraq] can't use the American dollar, they can't use foreign currency, they can't use any other type of borrowing system, they can only use their currency but it has no value and they are about to explode economically and the whole international world is inviting them to be a part of it with their currency. Which currency? Not the American dollar. Not any foreign currency. Their currency of international status. That part is coming.
2-11-2021 Newshound/Intel Guru Petra I want everyone to understand that they are throwing around a lot of confusion. A huge amount of confusion...I believe we are in the end days of this...
2-11-2021 Intel Guru MarkZ [via PDK] I am hearing pretty good things from Iraq…I finally talked to some of my contacts there. They have passed all their budget stuff and I am told that they expect the final vote on the budget on Saturday. The chatter from Iraq is absolutely fantastic that we should see something as early as Saturday but for sure in the month of February on the new value...
2-11-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] Lifting the 3 zeros from their exchange rate should be a hot topic in articles in the near approximate future.
2-11-2021 Intel Guru Frank26 In case you missed it the CBI stopped the auctions...[Monday]. They can't use the American dollar anymore...So what's left to use? What's left is the Iraqi dinar. But the Iraqi dinar has no value - not only for the citizens but also for the government to run its country especially with the budget at those astronomical numbers. The IMF knows this too. And the World Bank knows this too. Both of them have said very clearly Iraq is in the process of raising the value of their currency...the stoppage of the auctions is a step of the monetary reform of the Iraqi dinar...it is a crucial step in adding value, lifting the 3 zeros from their exchange rate and it's being done.
2-11-2021 Intel Gurus Texas Snake & MarkZ [Do you have any idea where other people will be able to exchange around the world?] I think HSBC will be one of the main International banks…Also Bank of London is involved... In Australia I am told its HSBC - the Melbourne location. Also Scotia Bank and Royal Bank in Canada. HSBC in S. Africa. Only 2 main cities for exchanges…There will be regional banks at many locations that will correspond and be connected to those major banks for people to exchange into.
2-10-2021 Newshound/Intel Guru Petra Last Monday who was in Iraq ? Everybody! The UK . The IMF. The GCC. The IGBC. Everybody and their mother was in Iraq last Monday. Did we hear what that was all about? No...obviously they were there for a reason...when all those people show up...world renowned financial entities all show up. Obviously something happened. We can't talk about it yet. But clearly there's evidence there's been significant progress...
2-10-2021 Intel Guru Footforward ...It's my "opinion" the dinar MUST be at least $3.50 to start. And it's my "opinion" they won't let it float this time.
2-10-2021 Intel Guru Bruce Probably the most interesting thing that we’re getting is – intel itself - the sources are starting to really dry up – because we are so close...we know that the budget for 2021 in Iraq was a big deal and it was passed - but not published...and why wasn’t it published? Because that would have exposed the new rate for the dinar...Wednesday and Saturday are the 2 big days that the physical paper form of the gazette is published – it is their official record... so we are just going to have to...see if this week is the week we’ve all been hoping for... I am excited about it – still as excited as ever - and looking forward to getting resolution to this – hopefully before Friday – so let’s see where it goes.
2-10-2021 Intel Guru Texas Snake I visit back and forth with one particular banker who has been on the edge of seeing this thing go for the last 10 days or so...
2-10-2021 Intel Guru Frank26 Historical. Turns out Monday the 8th of February 2021 they can't use the American dollar anymore in their country. The Marshal Plan 17 years ago brought the American dollar so they could have some currency of value to run their government and for the citizens. We always said that was the goal, the dream come true - stop using the American dollar! The auctions stopped yesterday [Monday]...I wish I had Thor's hammer so I could hit that hard and let it vibrate through your body. The central bank's auctions stopped yesterday! That's why you see all these international platforms saying "come on down and be part of us!"
2-10-2021 Intel Guru MarkZ [via PDK] I have been unable to reach 3 contacts in Iraq today...Hopefully someone will contact me so we can find out if they got their change of value there or not. There was a lot of anticipation for the 10th. And definitely anticipation for the month of February as they have changed how they handle trading in the middle east…we expected a new value since yesterday... [Are you still looking for any moment for the RV?] Yes I am…most of my paymaster folks and group leaders are being told to stay in place. And that things are imminent and close.
2-10-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] ...Three weeks ago part one of this meeting occurred. This Saturday part two of this meeting will occur with more people. They will be briefed on the success they've been doing the last 3 weeks. What did they do in those 3 weeks? ...a lot more [bank] accounts have been opened in Iraq. The lowing of the exchange rate was for this purpose...the game-plan worked. This meeting they are about to have this Saturday they want to see the sale of the American dollar lessened or simply stopped. They accomplished this yesterday [Monday Feb 8th]...with the auctions gone the citizens have no choice but to only use their currency.
2-10-2021 Newshound/Intel Guru Mnt Goat ...we must go back to what we know for sure. The CBI confirmed that the Bona service will be launched on the tenth of February. ...Bona is a platform that provides real-time clearing and settlement services for cross-border financial transfers between Arab countries and in Arab and international currencies. I am not predicting a date for the RV just do you know...If the Iraqi dinar is on Bona (which they announced it is) this may get a revaluation of the Iraq dinar in the middle east but not necessarily the reinstatement we desire which allows us to go to the banks in the USA. We might have to wait longer until it is connected to the other currency exchanges throughout the world, especially FOREX. Remember we need a reinstatement and a release of OFAC sanction to allow us to exchange our dinar. Incidentally the ISX (Iraqi Stock Exchange) is now experiencing rapid growth of about 25%. WOW!
2-10-2021 Intel Guru Frank26 We believe this week you are going to start seeing articles once again about lifting the 3 zeros off the exchange rate...
2-10-2022 Intel Guru MarkZ [via PDK] I have seen the redemption centers…I know people that work there…I know they exist.
2-10-2021 Intel Guru Footforward ...It's my "opinion" the dinar MUST be at least $3.50 to start. And it's my "opinion" they won't let it float this time.
2-10-2021 Intel Guru Bruce Probably the most interesting thing that we’re getting is – intel itself - the sources are starting to really dry up – because we are so close...we know that the budget for 2021 in Iraq was a big deal and it was passed - but not published...and why wasn’t it published? Because that would have exposed the new rate for the dinar...Wednesday and Saturday are the 2 big days that the physical paper form of the gazette is published – it is their official record... so we are just going to have to...see if this week is the week we’ve all been hoping for... I am excited about it – still as excited as ever - and looking forward to getting resolution to this – hopefully before Friday – so let’s see where it goes.
2-10-2021 Intel Guru Texas Snake I visit back and forth with one particular banker who has been on the edge of seeing this thing go for the last 10 days or so...
2-10-2021 Intel Guru Frank26 Historical. Turns out Monday the 8th of February 2021 they can't use the American dollar anymore in their country. The Marshal Plan 17 years ago brought the American dollar so they could have some currency of value to run their government and for the citizens. We always said that was the goal, the dream come true - stop using the American dollar! The auctions stopped yesterday [Monday]...I wish I had Thor's hammer so I could hit that hard and let it vibrate through your body. The central bank's auctions stopped yesterday! That's why you see all these international platforms saying "come on down and be part of us!"
2-10-2021 Intel Guru MarkZ [via PDK] I have been unable to reach 3 contacts in Iraq today...Hopefully someone will contact me so we can find out if they got their change of value there or not. There was a lot of anticipation for the 10th. And definitely anticipation for the month of February as they have changed how they handle trading in the middle east…we expected a new value since yesterday... [Are you still looking for any moment for the RV?] Yes I am…most of my paymaster folks and group leaders are being told to stay in place. And that things are imminent and close.
2-10-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] ...Three weeks ago part one of this meeting occurred. This Saturday part two of this meeting will occur with more people. They will be briefed on the success they've been doing the last 3 weeks. What did they do in those 3 weeks? ...a lot more [bank] accounts have been opened in Iraq. The lowing of the exchange rate was for this purpose...the game-plan worked. This meeting they are about to have this Saturday they want to see the sale of the American dollar lessened or simply stopped. They accomplished this yesterday [Monday Feb 8th]...with the auctions gone the citizens have no choice but to only use their currency.
2-10-2021 Newshound/Intel Guru Mnt Goat ...we must go back to what we know for sure. The CBI confirmed that the Bona service will be launched on the tenth of February. ...Bona is a platform that provides real-time clearing and settlement services for cross-border financial transfers between Arab countries and in Arab and international currencies. I am not predicting a date for the RV just do you know...If the Iraqi dinar is on Bona (which they announced it is) this may get a revaluation of the Iraq dinar in the middle east but not necessarily the reinstatement we desire which allows us to go to the banks in the USA. We might have to wait longer until it is connected to the other currency exchanges throughout the world, especially FOREX. Remember we need a reinstatement and a release of OFAC sanction to allow us to exchange our dinar. Incidentally the ISX (Iraqi Stock Exchange) is now experiencing rapid growth of about 25%. WOW!
2-10-2021 Intel Guru Frank26 We believe this week you are going to start seeing articles once again about lifting the 3 zeros off the exchange rate...
2-10-2022 Intel Guru MarkZ [via PDK] I have seen the redemption centers…I know people that work there…I know they exist.
2-9-2021 Newshound/Intel Guru Petra ...Guess who signed onto the BUNA platform to take care of all the U.S. dollar denominated trades? JP Morgan Chase one of the biggest tier one banks in our country. That tells you now that J.P Morgan chase is involved. They are not doing it for a currency that can't be transferable ie. the Iraqi dinar. BUNA is the mechanism by which they will be able to transact on the international market...This Wednesday the 10th...we wait to see if they actually transact because they'll need to be internationally positioned with their currency in order to do so... [See Guru Petra post 2/9/2021 below]
2-9-2021 Newshound/Intel Guru Mnt Goat The news is all very good today and in fact it is just what we want to hear, as we have not heard news this great from the finance committee in a very long time. Now we are hearing it. We should have heard this in December but everything was delayed due to Covid and the drop in oil prices. But now oil is close to $60 a barrel and is expected to rise. So, in today’s news it all about the will to ending the currency auctions, reducing the deficit to record lows and not touching the CBI reserves to pay for the deficit in the new 2021-2022 (2 year) budget. Does this all add up to something? Think about it. Put two and two together.
2-9-2022 Intel Guru MarkZ [via PDK] I am hearing nothing from the banking centers right now…they are quiet but being asked to stay in place...I talked to a banker in Asia…and they are all being asked to stay in place because things are imminent…. I take this as a very good sign…I don’t want to get excited but…Well the chatter out of Iraq is sure pointing toward the 10th being a big day… They are looking for a budget tomorrow…. We will be closely watching over there in the sandbox overnight and tomorrow. We should manage our expectations…but the chatter and news out of Iraq says they are expecting a new value tomorrow.
2-9-2021 Intel Guru Frank26 ...this [AMF's BUNA] is solid evidence that they are coming out to the international world. It's solid evidence they are Article 8...this has nothing to do with a program rate...this is a flow. This is a movement. This is a step-by-step progression. There is no date. There is no rate. The rate is well calculated. That's why we have the budget...be very aware of this tool. It's for International status... [See Guru Petra's post below for why BUNA is so important to the Iraqi dinar.]
2-9-2021 Newshound/Intel Guru Petra They did not engage but they did join the platform...why would Iraq join the BUNA platform? First of all the BUNA platform requires the currency be internationally tradable...Iraq joined them on January 4th...but they don't go live on the platform until Wednesday the 10th...which means they have to have an internationally tradable currency on Wednesday if they transact. That's a big if. If they transact then something has changed. We would all love for this to happen. Is it going to happen? I don't know...If they do, we'll know about it because they'll have to change the rate. That's why the BUMA platform is so important... [Post 2 of 2]
2-9-2021 Newshound/Intel Guru Petra BUNA is a mechanism. It is a method by which the Arab Monetary Fund, which owns the BUNA platform regulates trade within the 20+ Arab countries...all these currencies are all part of the BUMA platform. That is the mechanism that those organizations trade within their countries and outside their countries in the international market place...using a very fast method of transferring inter currency moneys. What's important is Iraq joined this platform on January 4th this year. [post 1 of 2....stay tuned]
2-9-2021 Newshound/Intel Guru Mnt Goat The news is all very good today and in fact it is just what we want to hear, as we have not heard news this great from the finance committee in a very long time. Now we are hearing it. We should have heard this in December but everything was delayed due to Covid and the drop in oil prices. But now oil is close to $60 a barrel and is expected to rise. So, in today’s news it all about the will to ending the currency auctions, reducing the deficit to record lows and not touching the CBI reserves to pay for the deficit in the new 2021-2022 (2 year) budget. Does this all add up to something? Think about it. Put two and two together.
2-9-2022 Intel Guru MarkZ [via PDK] I am hearing nothing from the banking centers right now…they are quiet but being asked to stay in place...I talked to a banker in Asia…and they are all being asked to stay in place because things are imminent…. I take this as a very good sign…I don’t want to get excited but…Well the chatter out of Iraq is sure pointing toward the 10th being a big day… They are looking for a budget tomorrow…. We will be closely watching over there in the sandbox overnight and tomorrow. We should manage our expectations…but the chatter and news out of Iraq says they are expecting a new value tomorrow.
2-9-2021 Intel Guru Frank26 ...this [AMF's BUNA] is solid evidence that they are coming out to the international world. It's solid evidence they are Article 8...this has nothing to do with a program rate...this is a flow. This is a movement. This is a step-by-step progression. There is no date. There is no rate. The rate is well calculated. That's why we have the budget...be very aware of this tool. It's for International status... [See Guru Petra's post below for why BUNA is so important to the Iraqi dinar.]
2-9-2021 Newshound/Intel Guru Petra They did not engage but they did join the platform...why would Iraq join the BUNA platform? First of all the BUNA platform requires the currency be internationally tradable...Iraq joined them on January 4th...but they don't go live on the platform until Wednesday the 10th...which means they have to have an internationally tradable currency on Wednesday if they transact. That's a big if. If they transact then something has changed. We would all love for this to happen. Is it going to happen? I don't know...If they do, we'll know about it because they'll have to change the rate. That's why the BUMA platform is so important... [Post 2 of 2]
2-9-2021 Newshound/Intel Guru Petra BUNA is a mechanism. It is a method by which the Arab Monetary Fund, which owns the BUNA platform regulates trade within the 20+ Arab countries...all these currencies are all part of the BUMA platform. That is the mechanism that those organizations trade within their countries and outside their countries in the international market place...using a very fast method of transferring inter currency moneys. What's important is Iraq joined this platform on January 4th this year. [post 1 of 2....stay tuned]
2-8-2021 Newshound/Intel Guru RVAlready The CBI gave a rate to the government last week...Parliament is now saying the exchange rate will not change in this budget...The parliament is not allowed to affect the rate. We just need a vote and a final budget...Iraq dispensing a great load of bull in news stories today. We’ll see what happens.
2-8-2021 Newshound Guru MilitiaMan Stock exchanges that need to be on the same page and able to clear trades with not only stock but one another's respective currencies, as they need to communicate. The timing of all this is not by a coincidence in my opinion it is by design. The platforms are in place and now will apparently start to connect in real international time and pricing. BUNA imo requires article 8 compliance with the IMF.
2-8-2021 Newshound Guru Jeff The World Bank and the IMF they started showing a large presence with Iraq around December. Why December? They're working with Iraq to bring forth the rate change. It's that simple. They're using the last quart of Iraq's 2020 fiscal year which is January through March to set the stage for the rate change. That's why they devalued the currency on December 20th...that was nothing more than a 90-day tool to reduce the note count physically within the country of Iraq.
2-8-2021 Intel Guru MarkZ [via PDK] ...there were a few small articles coming out of Iraq this weekend as they prepare for their new rate. This has been going on about 5 weeks as they ramped up news on the white papers, the budget, and impending value change...
2-8-2021 Newshound Guru Jeff This news is red hot. Article: "The World Bank: Iraq is experiencing its worst crisis since 2003...We put a large financial portfolio for it - Urgent" ...The World Bank just came out this morning releasing an article screaming at us that Iraq is about to change the rate...the World Bank and the IMF are working with Iraq to bring forth the rate change. It's over and done. All you're waiting on is the fiscal year [March 2021]...this is red hot news!
2-8-2021 Newshound Guru MilitiaMan Stock exchanges that need to be on the same page and able to clear trades with not only stock but one another's respective currencies, as they need to communicate. The timing of all this is not by a coincidence in my opinion it is by design. The platforms are in place and now will apparently start to connect in real international time and pricing. BUNA imo requires article 8 compliance with the IMF.
2-8-2021 Newshound Guru Jeff The World Bank and the IMF they started showing a large presence with Iraq around December. Why December? They're working with Iraq to bring forth the rate change. It's that simple. They're using the last quart of Iraq's 2020 fiscal year which is January through March to set the stage for the rate change. That's why they devalued the currency on December 20th...that was nothing more than a 90-day tool to reduce the note count physically within the country of Iraq.
2-8-2021 Intel Guru MarkZ [via PDK] ...there were a few small articles coming out of Iraq this weekend as they prepare for their new rate. This has been going on about 5 weeks as they ramped up news on the white papers, the budget, and impending value change...
2-8-2021 Newshound Guru Jeff This news is red hot. Article: "The World Bank: Iraq is experiencing its worst crisis since 2003...We put a large financial portfolio for it - Urgent" ...The World Bank just came out this morning releasing an article screaming at us that Iraq is about to change the rate...the World Bank and the IMF are working with Iraq to bring forth the rate change. It's over and done. All you're waiting on is the fiscal year [March 2021]...this is red hot news!
2-7-2021 Newshound Guru MilitiaMan ...BUNA is to go live on the TENTH.. The CBI has a new digital system they launched. The CBI states they have approved the new exchange rates. Well the first one was done already, the next rate change is to yet come out. But the CBI states they have approved the exchange rates. The BUNA system by charter will not interconnect to a Non - Article 8 Compliant Currency i am being told. So, the next move is imo to be Article 8 compliant. If they hold to the time frame of the TENTH, then this next week is an interesting one imo...
2-7-2021 Newshound Guru MilitiaMan Article quote: "The Central Bank of Iraq had previously signed an agreement with a number of local banks and completed the technical requirements to participate in the project in coordination with the Arab Monetary Fund," Get ready for digital currency...Digital currency will need to be able to communicate on a level playing field. It is said they have this next week to be interconnected with the BUNA system that the AMF has launched for clearing and settlements. They say the TENTH!!!
2-7-2021 Newshound Guru MilitiaMan The can kicking of the 2021 Budget is by design.. imo.. It appears they have had to massage the timing to fit in line with many things and the hurry up and wait from parliament looks to be to me that they were in a hurry, yet, now they have to sit tight for the moment with having completed all but the best for last... imo..
2-7-2021 Intel Guru Footforward ...do not be alarmed if they don't show the rate in the budget.
2-7-2021 Newshound Guru MilitiaMan Article quote: "The Central Bank of Iraq had previously signed an agreement with a number of local banks and completed the technical requirements to participate in the project in coordination with the Arab Monetary Fund," Get ready for digital currency...Digital currency will need to be able to communicate on a level playing field. It is said they have this next week to be interconnected with the BUNA system that the AMF has launched for clearing and settlements. They say the TENTH!!!
2-7-2021 Newshound Guru MilitiaMan The can kicking of the 2021 Budget is by design.. imo.. It appears they have had to massage the timing to fit in line with many things and the hurry up and wait from parliament looks to be to me that they were in a hurry, yet, now they have to sit tight for the moment with having completed all but the best for last... imo..
2-7-2021 Intel Guru Footforward ...do not be alarmed if they don't show the rate in the budget.
2-6-2021 Newshound Guru MilitiaMan So, it appears with all the talk of the 2021 Budget and the Kurds, etc., we can see that the IMF, WB, G7, UST, ITB, AMF, GCC, US State Department, etc., etc., have all had a hand in supporting the effort to get Iraq up out and into the private sector. [It] must be held tight to the chest until the right time to expose the real effective exchange rate to the world. But, if the AMF has anything for us to compare to, we know they are pegged to the USD by virtue of the IMF SDR basket. We know how they express that value too. It is clear as a bell. We are in a vey good place at this stage... imo.. [post 2 of 2]
2-6-2021 Newshound Guru MilitiaMan "Economic: Parliament cannot change oil prices and the dollar in the 2021 budget" So they have it now set in stone. The Central Bank approved the new exchange rates and they are not to be challenged by the Parliament, as it is is out of their hands. The exchange rates are not to be amended...They were told by the IMF that they would change the rate in the then current fiscal year and they did it. They were also told by the IMF and the US FED that they could in the IMFs case change it again in early 2021 whereas, the FED just made it perfectly clear that countries can and do "Devalue and Revalue" their currencies. [post 1 of 2....stay tun
2-6-2021 Intel Guru Bruce [via WiserNow] ...Remember the email notifications that are coming from the Wells Fargo servers are going to be around 1.4 million emails – and they do know how much currency you have because they have talked to all of the sellers – all of the currency sellers including ebay – have released that information to the Treasury - so they know – and unless you have been gifted they might not know how much they have – but if you have purchased they know what currencies you have and generally speaking how much you have...
2-6-2021 Newshound Guru Militiaman Article: "Al-Karawi: 5 files have not been resolved yet in the budget law" Quote: “All expectations indicate that the next week will be decisive..." Next Week starts tomorrow. The data...suggests they have voted on many things. Much of it suggests they are going to be going to the private sector. Automation of Customs and Taxes link via the currency window of the CBI. The final nail is coming...imo..
2-6-2021 Newshound/Intel Guru Mnt Goat Oh yeh, the budget has a new rate in it… It’s the new de-valued rate of 1450...Okay having said this they can still delete the zero making the rate $1.45 dinar to $1.00 dollar (inside Iraq). This could happen suddenly after they pass the budget. I doubt it will but let’s explore it...the strategy of reducing the value of the dinar has cut their deficit in half. But what will happen to it when and if they raise the value of the dinar to $1.45? It will explode but can they handle this with proposed loans from the IMF? Time will tell what they do.
2-6-2021 Newshound Guru NORV [aka Kaperoni] Floating would harm the economy right now...without exports and a private sector, the dinar would devalue. Until they pass laws, create a private sector and invite foreign investment and diversify Iraq will continue to struggle. Only Iraq can change it. In the meantime, Sudan is preparing to float. ...Article quotes: "Sudan's Acting Finance Minister said in an interview this week that the country will make a decision to float its currency when it has sufficient foreign reserves, and that it is also in talks with several parties to obtain loans and grants."; "We in the government must commit to unifying the exchange rate, and the decision to float the currency will be taken after the provision of foreign reserves in the central bank, along with economic policies that regulate supply and demand,"...
2-6-2021 Newshound Guru MilitiaMan "Economic: Parliament cannot change oil prices and the dollar in the 2021 budget" So they have it now set in stone. The Central Bank approved the new exchange rates and they are not to be challenged by the Parliament, as it is is out of their hands. The exchange rates are not to be amended...They were told by the IMF that they would change the rate in the then current fiscal year and they did it. They were also told by the IMF and the US FED that they could in the IMFs case change it again in early 2021 whereas, the FED just made it perfectly clear that countries can and do "Devalue and Revalue" their currencies. [post 1 of 2....stay tun
2-6-2021 Intel Guru Bruce [via WiserNow] ...Remember the email notifications that are coming from the Wells Fargo servers are going to be around 1.4 million emails – and they do know how much currency you have because they have talked to all of the sellers – all of the currency sellers including ebay – have released that information to the Treasury - so they know – and unless you have been gifted they might not know how much they have – but if you have purchased they know what currencies you have and generally speaking how much you have...
2-6-2021 Newshound Guru Militiaman Article: "Al-Karawi: 5 files have not been resolved yet in the budget law" Quote: “All expectations indicate that the next week will be decisive..." Next Week starts tomorrow. The data...suggests they have voted on many things. Much of it suggests they are going to be going to the private sector. Automation of Customs and Taxes link via the currency window of the CBI. The final nail is coming...imo..
2-6-2021 Newshound/Intel Guru Mnt Goat Oh yeh, the budget has a new rate in it… It’s the new de-valued rate of 1450...Okay having said this they can still delete the zero making the rate $1.45 dinar to $1.00 dollar (inside Iraq). This could happen suddenly after they pass the budget. I doubt it will but let’s explore it...the strategy of reducing the value of the dinar has cut their deficit in half. But what will happen to it when and if they raise the value of the dinar to $1.45? It will explode but can they handle this with proposed loans from the IMF? Time will tell what they do.
2-6-2021 Newshound Guru NORV [aka Kaperoni] Floating would harm the economy right now...without exports and a private sector, the dinar would devalue. Until they pass laws, create a private sector and invite foreign investment and diversify Iraq will continue to struggle. Only Iraq can change it. In the meantime, Sudan is preparing to float. ...Article quotes: "Sudan's Acting Finance Minister said in an interview this week that the country will make a decision to float its currency when it has sufficient foreign reserves, and that it is also in talks with several parties to obtain loans and grants."; "We in the government must commit to unifying the exchange rate, and the decision to float the currency will be taken after the provision of foreign reserves in the central bank, along with economic policies that regulate supply and demand,"...
2-5-2021 Intel Guru Bruce [via WiserNow] ... bringing the budget out in the gazette...is now set to come out Saturday... maybe that will happen we can’t set a watch by that - all I know is that it is intended to bring that out on Saturday and publish it in the gazette – which would make the dinar rate visible – It might also be on line in a digital format...
2-5-2021 Intel Guru Bruce [via WiserNow] ...we have some information that lends us to believe that we could be where we need to be still this week...But there is other information that takes us and moves us to the first of next week... So…What we have heard is – and this comes from one of our main banks – it is still going to happen for us – and I heard a clarification of another banker that deals with redemption centers and staff and so on – that Saturday was in play - Now I still heard from a couple other sources that said Saturday is in play for notifications and I also heard that the redemption centers – some personnel need to be in place on Monday at noon...Let’s hope we are notified and underway...
2-5-2021 Newshound/Intel Guru Mnt Goat ...Citizens are finally putting their money in the banks and turning in their dinars...Remember this makes for an easier transition to a new revalued dinar rate should they make this next move. But not yet, as least they are not telling us this is coming now. Could this be the reason for the planned devaluation of the dinar, yet further? Is it to push the citizens to the banks with their dinars?
2-5-2021 Intel Guru MarkZ [via PDK] [...can you please provide me with RV news?...] I am expecting it in the month of February. No money moving yet but we are hearing it could be very busy weekend on the news front. I talked to a number of group leaders that are in position…they are expecting a release sometime over the next 5-6 days. I hope it is accurate…but manage your expectations. Nobody knows the exact timing. They do this on purpose for security reasons. IMO we are in a perfect storm and now would be an ideal time.
2-5-2021 Newshound/Intel Guru Mnt Goat ...we all know for a fact the dinar can sustain up to $16 when pegged out of the de- facto peg and to the basket of global currencies and reinstated on the open global markets. ...So...What is going on here? ...I do not yet have all the FACTS yet but I will tell you one thing for sure. I know they must reduce their debt and the salary payments... If they were to revalue today it could actually quadruple the debt. So they must first pay it off or find a way to lower it using the new revalued rate not the devalued rate...Why would the IMF announce a huge loan to Iraq if they knew they were in a crisis and could not pay it back?
2-5-2021 Intel Guru RayRen98 "NOSE BLEED" RATES ARE STILL BEING COMMUNICATED TO US...SUPPOSEDLY AT THE BANKS DISCRETION
2-5-2021 Intel Guru Bruce [via WiserNow] ...we have some information that lends us to believe that we could be where we need to be still this week...But there is other information that takes us and moves us to the first of next week... So…What we have heard is – and this comes from one of our main banks – it is still going to happen for us – and I heard a clarification of another banker that deals with redemption centers and staff and so on – that Saturday was in play - Now I still heard from a couple other sources that said Saturday is in play for notifications and I also heard that the redemption centers – some personnel need to be in place on Monday at noon...Let’s hope we are notified and underway...
2-5-2021 Newshound/Intel Guru Mnt Goat ...Citizens are finally putting their money in the banks and turning in their dinars...Remember this makes for an easier transition to a new revalued dinar rate should they make this next move. But not yet, as least they are not telling us this is coming now. Could this be the reason for the planned devaluation of the dinar, yet further? Is it to push the citizens to the banks with their dinars?
2-5-2021 Intel Guru MarkZ [via PDK] [...can you please provide me with RV news?...] I am expecting it in the month of February. No money moving yet but we are hearing it could be very busy weekend on the news front. I talked to a number of group leaders that are in position…they are expecting a release sometime over the next 5-6 days. I hope it is accurate…but manage your expectations. Nobody knows the exact timing. They do this on purpose for security reasons. IMO we are in a perfect storm and now would be an ideal time.
2-5-2021 Newshound/Intel Guru Mnt Goat ...we all know for a fact the dinar can sustain up to $16 when pegged out of the de- facto peg and to the basket of global currencies and reinstated on the open global markets. ...So...What is going on here? ...I do not yet have all the FACTS yet but I will tell you one thing for sure. I know they must reduce their debt and the salary payments... If they were to revalue today it could actually quadruple the debt. So they must first pay it off or find a way to lower it using the new revalued rate not the devalued rate...Why would the IMF announce a huge loan to Iraq if they knew they were in a crisis and could not pay it back?
2-5-2021 Intel Guru RayRen98 "NOSE BLEED" RATES ARE STILL BEING COMMUNICATED TO US...SUPPOSEDLY AT THE BANKS DISCRETION
2-4-2021 Intel Guru MarkZ [via PDK] I have people reporting that I said the rate will be $14 - $16 dollars… I did not say that…I referenced Dr. Shabibi saying that…also the white papers in Iraq seem to be saying that…I am still hearing from the banking side of this thing that the street rate will be just under $4.00 and the contract rate may be as high as $8.00…
2-4-2021 Newshound Guru Pimpy Article: "On Monday, the Central Bank of Iraq's hard currency sales increased by 26 percent" This is good. Where before they were holding U.S. dollars because the Iraqi dinar had devalued and so you know they don't want to part with the US dollar. It's a stronger currency against the dinar...This jacks up the foreign currency they [The CBI] hold so the foreign currency assets are increasing. This is good because what that does then it strengthens the Iraqi dinar. We want to see this happen...this is a good thing to see happen.
2-4-2021 Newshound Guru Jeff Iraq is in the news. They're kind of suggesting that Kurdistan and Baghdad still have differences with the figures in the '21 budget...I doubt Kurdistan and Baghdad have many differences...be careful of what information you choose to trust...we're looking really good. Everything in Iraq is moving in the right direction. They have set the stage for the rate change. The IMF and WB are calling the shots. Even oil is moving in the right direction. Right now they have a budget surplus of oil. Everything is looking good...
2-4-2021 Intel Guru MarkZ [via PDK] IMO This is our month…IMO we will see it this month..People are still in position for the RV…they are staying in position.
2-4-2021 Newshound Guru Pimpy Erbil and Baghdad still need to come together and come up with an agreement. There's still some disagreements there. As soon as they do and they get that going forward, get that settled then we'll have a the 2021 budget. Truly finalized.
2-4-2021 Newshound Guru Jeff Since Iraq devalued their currency who's been in charge? Who instructed Iraq to devalue their currency? The World Bank and the IMF. The WB and the IMF they don't play games. They don't work around a big sloppy mess. They run a tight ship. If you think Iraq is a big sloppy, disorganized mess that doesn't have stability, think about it carefully. The WB would not work with Iraq if they were a big sloppy mess and they didn't have stability. What we've been waiting on this whole time was stability...they're probably much further along than they're telling you and probably much more organized...
2-4-2021 Newshound/Intel Guru Mnt Goat What we know for FACT is someday very soon the Iraqi dinar reinstatement MUST happen or Iraq cannot become in the long term the great nation it has the potential to be. ...The other FACT that we know is the corruption within Iraq , Iran and the US is holding up the reinstatement of the dinar. This is not my “opinion” but FACT. ...Iraq is ripe with corruption. ...Trump did have a plan to stop the corruption and shut down Iran ’s involvement in Iraq and also the US politicians who are raiding the coffers of Iraqi wealth. His plan was working and Iraq began moving ahead...
2-4-2021 Intel Guru Bruce ...the redemption center personnel for the most part are on standby – 35 minute call time - to be at their desk read to go - the lowest time we have ever had - that’s pretty quick...We are I believe very close...timing is very good – very close and I have the feeling that that we are on the precipice of this thing – just about ready to get started but obviously we’ve been in a position close like this before – we certainly thought so – so we’ll see how this one manifests - we will see if this one does come through – I would be prepared - to go at any moment...I think we are in good shape... and I am excited...
2-4-2021 Newshound Guru Pimpy Article: "On Monday, the Central Bank of Iraq's hard currency sales increased by 26 percent" This is good. Where before they were holding U.S. dollars because the Iraqi dinar had devalued and so you know they don't want to part with the US dollar. It's a stronger currency against the dinar...This jacks up the foreign currency they [The CBI] hold so the foreign currency assets are increasing. This is good because what that does then it strengthens the Iraqi dinar. We want to see this happen...this is a good thing to see happen.
2-4-2021 Newshound Guru Jeff Iraq is in the news. They're kind of suggesting that Kurdistan and Baghdad still have differences with the figures in the '21 budget...I doubt Kurdistan and Baghdad have many differences...be careful of what information you choose to trust...we're looking really good. Everything in Iraq is moving in the right direction. They have set the stage for the rate change. The IMF and WB are calling the shots. Even oil is moving in the right direction. Right now they have a budget surplus of oil. Everything is looking good...
2-4-2021 Intel Guru MarkZ [via PDK] IMO This is our month…IMO we will see it this month..People are still in position for the RV…they are staying in position.
2-4-2021 Newshound Guru Pimpy Erbil and Baghdad still need to come together and come up with an agreement. There's still some disagreements there. As soon as they do and they get that going forward, get that settled then we'll have a the 2021 budget. Truly finalized.
2-4-2021 Newshound Guru Jeff Since Iraq devalued their currency who's been in charge? Who instructed Iraq to devalue their currency? The World Bank and the IMF. The WB and the IMF they don't play games. They don't work around a big sloppy mess. They run a tight ship. If you think Iraq is a big sloppy, disorganized mess that doesn't have stability, think about it carefully. The WB would not work with Iraq if they were a big sloppy mess and they didn't have stability. What we've been waiting on this whole time was stability...they're probably much further along than they're telling you and probably much more organized...
2-4-2021 Newshound/Intel Guru Mnt Goat What we know for FACT is someday very soon the Iraqi dinar reinstatement MUST happen or Iraq cannot become in the long term the great nation it has the potential to be. ...The other FACT that we know is the corruption within Iraq , Iran and the US is holding up the reinstatement of the dinar. This is not my “opinion” but FACT. ...Iraq is ripe with corruption. ...Trump did have a plan to stop the corruption and shut down Iran ’s involvement in Iraq and also the US politicians who are raiding the coffers of Iraqi wealth. His plan was working and Iraq began moving ahead...
2-4-2021 Intel Guru Bruce ...the redemption center personnel for the most part are on standby – 35 minute call time - to be at their desk read to go - the lowest time we have ever had - that’s pretty quick...We are I believe very close...timing is very good – very close and I have the feeling that that we are on the precipice of this thing – just about ready to get started but obviously we’ve been in a position close like this before – we certainly thought so – so we’ll see how this one manifests - we will see if this one does come through – I would be prepared - to go at any moment...I think we are in good shape... and I am excited...
2-3-2021 Intel Guru MarkZ [Do you still think this RV will ever happen?] Undoubtably…100% absolutely…i believe it will happen. From the white papers in Iraq- they seem to intimate the value of the dinar could be close to what Dr. Shabibi has said in the past. $16.00… Iraq through auction have been busy buying dinar off the streets using USD throughout the middle east…less of it in circulation will help justify a higher value...they are preparing to revalue their currency and I think we are on the cusp.
2-3-2021 Intel Guru Frank26 Question: "If you need to register for a 1-800 number once the RV occurs would anyone know...?" That's a bunch of garbage. It's a bunch of kaka...take your credit cards out of your pocket, turn it around and you'll see the bank you have that card with, there's the 800 number for any bank. There's not going to be one special 800 number you're going to call for one bank to exchange you. That's beyond stupidity...
2-3-2021 Newshound Guru Adam Montana Article: "Parliamentary Finance: To vote on the new Iraqi budget..." What that doesn't tell you is that the Budget doesn't have to have the rate. The Rate also does not need to be included in the Budget! That's not to say that the Budget doesn't matter - it does! But what really matters is the satisfaction of the Kurds...and that, my friends, is happening very nicely. In fact, it's happening more than just "nicely" - check this one out: Article quote: "Parliament is considering settling accounts between Baghdad and Erbil 3rd February, 2021"...it's a "wait and see" game right now. Wait for the RV, then see you on an island! GO RRRRVVVVVVV!!!!
2-3-2021 Intel Guru MarkZ Lots of people still sitting in their seats waiting for the trigger to be pulled. Waiting for exchanges to start.
2-3-2021 Newshound/Intel Guru Walkingstick [via Frank26] ...the AMF [Arab Monetary Fund] is a tool that can and will distribute the Iraqi dinar all over the 22 Middle Eastern countries...the AMF is allowing Iraq to render them mutually convertible. To be convertible means to be able to use the Iraqi dinar internationally to buy, to trade, to sell with no restrictions...when you see these things you have to understand what's about to be said about their exchange rate and currency...it's very easy to see IQD via the AMF is about to go Article 8 international. No restrictions to be used internationally...that is the powerful sound that is coming out of our investment right now...
2-3-2021 Newshound Guru Jeff Article: "Pope Francis reveals the date of his historic visit to Iraq" The Pope is only going there to pray over Iraq and pray for them to be successful. This is more proof Iraq is going international. It's a point of new beginnings...spring is the new beginning. That's where Iraq is headed. He's praying for the prosperity of Iraq...
2-3-2021 Intel Guru Frank26 In December the IMF told the world Iraq is about to increase the value of their currency. In January tells the world the same thing. What do you think is going to happen in the month of February? This is huge...this is fantastic...the US treasury is done. The IMF is done. The World Bank seems to be done. CBI it's your turn...
2-3-2021 Newshound/Intel Guru Mnt Goat Article: "THE INTERNATIONAL DEVELOPMENT BANK ANNOUNCED THAT IT HAS JOINED THE BANI PLATFORM FOR CLEARING AND SETTLING ARAB PAYMENTS." I want you to bear in mind that just because they set this up does not mean Iraq will be on it sooner than later. Remember they also set up links into the NASDAQ trading and we saw all the the hype about it...But here we are and still no RV...We may have to still wait but it is coming and this is yet another sign. It is all very good!
2-3-2021 Intel Guru Frank26 Question: "If you need to register for a 1-800 number once the RV occurs would anyone know...?" That's a bunch of garbage. It's a bunch of kaka...take your credit cards out of your pocket, turn it around and you'll see the bank you have that card with, there's the 800 number for any bank. There's not going to be one special 800 number you're going to call for one bank to exchange you. That's beyond stupidity...
2-3-2021 Newshound Guru Adam Montana Article: "Parliamentary Finance: To vote on the new Iraqi budget..." What that doesn't tell you is that the Budget doesn't have to have the rate. The Rate also does not need to be included in the Budget! That's not to say that the Budget doesn't matter - it does! But what really matters is the satisfaction of the Kurds...and that, my friends, is happening very nicely. In fact, it's happening more than just "nicely" - check this one out: Article quote: "Parliament is considering settling accounts between Baghdad and Erbil 3rd February, 2021"...it's a "wait and see" game right now. Wait for the RV, then see you on an island! GO RRRRVVVVVVV!!!!
2-3-2021 Intel Guru MarkZ Lots of people still sitting in their seats waiting for the trigger to be pulled. Waiting for exchanges to start.
2-3-2021 Newshound/Intel Guru Walkingstick [via Frank26] ...the AMF [Arab Monetary Fund] is a tool that can and will distribute the Iraqi dinar all over the 22 Middle Eastern countries...the AMF is allowing Iraq to render them mutually convertible. To be convertible means to be able to use the Iraqi dinar internationally to buy, to trade, to sell with no restrictions...when you see these things you have to understand what's about to be said about their exchange rate and currency...it's very easy to see IQD via the AMF is about to go Article 8 international. No restrictions to be used internationally...that is the powerful sound that is coming out of our investment right now...
2-3-2021 Newshound Guru Jeff Article: "Pope Francis reveals the date of his historic visit to Iraq" The Pope is only going there to pray over Iraq and pray for them to be successful. This is more proof Iraq is going international. It's a point of new beginnings...spring is the new beginning. That's where Iraq is headed. He's praying for the prosperity of Iraq...
2-3-2021 Intel Guru Frank26 In December the IMF told the world Iraq is about to increase the value of their currency. In January tells the world the same thing. What do you think is going to happen in the month of February? This is huge...this is fantastic...the US treasury is done. The IMF is done. The World Bank seems to be done. CBI it's your turn...
2-3-2021 Newshound/Intel Guru Mnt Goat Article: "THE INTERNATIONAL DEVELOPMENT BANK ANNOUNCED THAT IT HAS JOINED THE BANI PLATFORM FOR CLEARING AND SETTLING ARAB PAYMENTS." I want you to bear in mind that just because they set this up does not mean Iraq will be on it sooner than later. Remember they also set up links into the NASDAQ trading and we saw all the the hype about it...But here we are and still no RV...We may have to still wait but it is coming and this is yet another sign. It is all very good!
2-2-2021 Intel Guru Footforward to me there's a difference between the budget and the white papers. I'm also expecting a fake out. Because I think most people are expecting to see the rate in the budget. And if it's not there a lot of people are going to be very discouraged. [Frank [Guru Frank26] did let us know that it’s not in the budget, however there is a Ryder and will come out shortly after the budget.] that's what I believe as well.
2-2-2021 Intel Guru MarkZ [via PDK] ...I dug further into the budget and what they have done….plus comments from others …it appears they are looking for a rate somewhere between $14-$16 dollars. This is very similar to what Shabibi told us years ago…and this is higher than I suspected. It certainly makes sense.
2-2-2021 Newshound/Intel Guru Mnt Goat What we know for FACT is someday very soon the Iraqi dinar reinstatement MUST happen or Iraq cannot become in the long term the great nation it has the potential to be. ...The other FACT that we know is the corruption within Iraq , Iran and the US is holding up the reinstatement of the dinar. This is not my “opinion” but FACT. ... Iraq is ripe with corruption. ... Trump did have a plan to stop the corruption and shut down Iran ’s involvement in Iraq and also the US politicians who are raiding the coffers of Iraqi wealth. His plan was working and Iraq began moving ahead...
2-2-2021 Newshound Guru Jeff The '21 budget is indeed married to the rate change. It doesn't contain a rate at all. It's married to the rate change in the sense that the budget itself will be calculated off the rate change...
2-2-2021 Intel Guru MarkZ [via PDK] Everyone is in position…everybody is where they need to be for the reset…they are just waiting for someone to pull that trigger. This is the first time in a long time where everyone is where they are supposed to be…i am very encouraged by that. We are once more on the precipice or the cusp…
2-2-2021 Intel Guru Frank26 The budget law is the key I believe to bring forth the new exchange rate. I don't know if the budget is going to have the new exchange rate. IMO the budget has a rider in it to be able to bring it back retroactive to January 1st. I do feel deep in my heart that this budget is highly involved with the new exchange rate that they are going to be coming out with.
2-2-2021 Intel Guru Footforward Article: "Iraq' 2021 Budget law to be approved this week..." Quote: "Iraq' 2021 Budget law is expected to be approved tomorrow Tuesday..." Which is good news. But I'm 97% sure that the new rate is not going to be in that budget and will come out in something shortly after the budget's released. It's not financial or investment advice that is my opinion.
2-2-2021 Newshound Guru Jeff Article: "Parliamentary Finance meets with official from the World Bank" In the past they've never really had the World Bank and the IMF involved with budgets. The reason they have the World Bank involved with this one is because this budget is now linked to the rate change. It has reforms in it which the World Bank has financed. Because they financed the reforms they need to monitor what happens in Iraq financially because they have a vested interest...payments can only be paid back to the World Bank with internationally recognized currency.
2-2-2021 Intel Guru MarkZ [via PDK] ...I dug further into the budget and what they have done….plus comments from others …it appears they are looking for a rate somewhere between $14-$16 dollars. This is very similar to what Shabibi told us years ago…and this is higher than I suspected. It certainly makes sense.
2-2-2021 Newshound/Intel Guru Mnt Goat What we know for FACT is someday very soon the Iraqi dinar reinstatement MUST happen or Iraq cannot become in the long term the great nation it has the potential to be. ...The other FACT that we know is the corruption within Iraq , Iran and the US is holding up the reinstatement of the dinar. This is not my “opinion” but FACT. ... Iraq is ripe with corruption. ... Trump did have a plan to stop the corruption and shut down Iran ’s involvement in Iraq and also the US politicians who are raiding the coffers of Iraqi wealth. His plan was working and Iraq began moving ahead...
2-2-2021 Newshound Guru Jeff The '21 budget is indeed married to the rate change. It doesn't contain a rate at all. It's married to the rate change in the sense that the budget itself will be calculated off the rate change...
2-2-2021 Intel Guru MarkZ [via PDK] Everyone is in position…everybody is where they need to be for the reset…they are just waiting for someone to pull that trigger. This is the first time in a long time where everyone is where they are supposed to be…i am very encouraged by that. We are once more on the precipice or the cusp…
2-2-2021 Intel Guru Frank26 The budget law is the key I believe to bring forth the new exchange rate. I don't know if the budget is going to have the new exchange rate. IMO the budget has a rider in it to be able to bring it back retroactive to January 1st. I do feel deep in my heart that this budget is highly involved with the new exchange rate that they are going to be coming out with.
2-2-2021 Intel Guru Footforward Article: "Iraq' 2021 Budget law to be approved this week..." Quote: "Iraq' 2021 Budget law is expected to be approved tomorrow Tuesday..." Which is good news. But I'm 97% sure that the new rate is not going to be in that budget and will come out in something shortly after the budget's released. It's not financial or investment advice that is my opinion.
2-2-2021 Newshound Guru Jeff Article: "Parliamentary Finance meets with official from the World Bank" In the past they've never really had the World Bank and the IMF involved with budgets. The reason they have the World Bank involved with this one is because this budget is now linked to the rate change. It has reforms in it which the World Bank has financed. Because they financed the reforms they need to monitor what happens in Iraq financially because they have a vested interest...payments can only be paid back to the World Bank with internationally recognized currency.
2-1-2021 Newshound Guru MilitiaMan Article: "Sairoun: Raising Or Lowering The Exchange Rate Of The Currency Is The Exclusive Authority Of The Government" The reducing the price of the local currency is not going to happen again. 1182 Didn't work 1190 didn't work nor will 1460 if left with out deleting the zeros from the exchange rate. imo
2-1-2021 Newshound Guru NORV [aka Kaperoni] ...there is no intent to redenominate the dinar...First it would take parliament approval, and second their would be no reason to encourage exchange and settlement among middle east countries (Buna) and eventually the world if they were planning to redenominate (LOP) the dinar. Not to mention, Iraq has had less than 3% inflation for the past 20 years. The plan for Iraq is like other middle east countries which is to diversify, create stability, employment and a private sector, foreign investment to improve the economy and create economic growth...only then the dinar can appreciate as a result. There has never been one indication that the IMF would support such an event, in fact they speak of allowing the currency to rise. Even the recent devaluation was not random, but an attempt to preserve the central banks reserves as well as meet compliance with the IMF. It is well documented...
2-1-2021 Newshound Guru Jeff Article quote: "the idea of raising the price of the dollar is an international policy shared by the Ministry of Finance, the Ministry of Planning and the Iraqi government, especially the International Monetary Fund." ...since they devalued the currency on December 20th the World Bank and the IMF have been putting a big emphasis on Iraq bringing forth this rate change, get the reforms going and improve Iraq's economy...
2-1-2021 Intel Guru MarkZ [via PDK] [Are we there yet?...] Well everybody is in place…Everybody I know that is involved with groups at the upper end is in place. We do not know the timing. This is a “when” not an “if”...just awaiting someone to pull the trigger. ...News out of Iraq…they are openly talking about their new budget and the white papers. In news articles they are talking about the need for a higher value for their currency in order to meet the requirements of their new budget. They are clearly preparing people for this and for the lower denominations and how their Qi cards work.
2-1-2021 Newshound Guru Jeff Article quote: "Today Sunday the World Bank confirmed that changing the exchange rate gives the state the ability to increase its revenue..." ...They are not talking about decreasing. They're talking about increasing...if they keep the exchange rate lower, imports are going to cost more. If they increase the exchange rate imports cost less...
2-1-2021 Newshound Guru MilitiaMan Article: "Advisor to the Prime Minister: Creating new electronic payment cards that will enhance the advancement of services provided to citizens" DIGITAL MONEY!!! I seriously like to hear this. They told us about this... It is and was part of the plan of a level playing field. Get ready to be cashless than before. They told us there would be a smaller amount of currency in circulation. Well when they adjust the exchange rate accordingly they will need less cash. As it will be worth more...imo
2-1-2021 Newshound Guru MilititMan Article: "Al-Yasiri: The Central Bank's initiatives have contributed to employing the unemployed and moving stalled projects" Quote: "the aim of changing the exchange rates is to support the Iraqi product in competition with imported products...He explained that "some sectors will respond immediately to this change..." I would have to agree that the response will be immediately. They change the exchange rate and the markets respond in like kind. And in a big way. Contracts will require it!!! imo.. The news is off the charts good...the way they are talking today and yesterday. Comprehensive development process have been on going and we are now finally see the fruit of it all! imo
2-1-2021 Newshound Guru NORV [aka Kaperoni] ...there is no intent to redenominate the dinar...First it would take parliament approval, and second their would be no reason to encourage exchange and settlement among middle east countries (Buna) and eventually the world if they were planning to redenominate (LOP) the dinar. Not to mention, Iraq has had less than 3% inflation for the past 20 years. The plan for Iraq is like other middle east countries which is to diversify, create stability, employment and a private sector, foreign investment to improve the economy and create economic growth...only then the dinar can appreciate as a result. There has never been one indication that the IMF would support such an event, in fact they speak of allowing the currency to rise. Even the recent devaluation was not random, but an attempt to preserve the central banks reserves as well as meet compliance with the IMF. It is well documented...
2-1-2021 Newshound Guru Jeff Article quote: "the idea of raising the price of the dollar is an international policy shared by the Ministry of Finance, the Ministry of Planning and the Iraqi government, especially the International Monetary Fund." ...since they devalued the currency on December 20th the World Bank and the IMF have been putting a big emphasis on Iraq bringing forth this rate change, get the reforms going and improve Iraq's economy...
2-1-2021 Intel Guru MarkZ [via PDK] [Are we there yet?...] Well everybody is in place…Everybody I know that is involved with groups at the upper end is in place. We do not know the timing. This is a “when” not an “if”...just awaiting someone to pull the trigger. ...News out of Iraq…they are openly talking about their new budget and the white papers. In news articles they are talking about the need for a higher value for their currency in order to meet the requirements of their new budget. They are clearly preparing people for this and for the lower denominations and how their Qi cards work.
2-1-2021 Newshound Guru Jeff Article quote: "Today Sunday the World Bank confirmed that changing the exchange rate gives the state the ability to increase its revenue..." ...They are not talking about decreasing. They're talking about increasing...if they keep the exchange rate lower, imports are going to cost more. If they increase the exchange rate imports cost less...
2-1-2021 Newshound Guru MilitiaMan Article: "Advisor to the Prime Minister: Creating new electronic payment cards that will enhance the advancement of services provided to citizens" DIGITAL MONEY!!! I seriously like to hear this. They told us about this... It is and was part of the plan of a level playing field. Get ready to be cashless than before. They told us there would be a smaller amount of currency in circulation. Well when they adjust the exchange rate accordingly they will need less cash. As it will be worth more...imo
2-1-2021 Newshound Guru MilititMan Article: "Al-Yasiri: The Central Bank's initiatives have contributed to employing the unemployed and moving stalled projects" Quote: "the aim of changing the exchange rates is to support the Iraqi product in competition with imported products...He explained that "some sectors will respond immediately to this change..." I would have to agree that the response will be immediately. They change the exchange rate and the markets respond in like kind. And in a big way. Contracts will require it!!! imo.. The news is off the charts good...the way they are talking today and yesterday. Comprehensive development process have been on going and we are now finally see the fruit of it all! imo
1-31-2021 Newshound/Intel Guru BGG ...for the first time, maybe ever – they are actually using language that implies some tie of “raising the exchange rate” to the new budget?!?
1-31-2021 Intel Guru Footforward ...Based on my "opinion", 3.18 makes more sense as a date then it does as a rate. In my "opinion" the rate "can't" be that low. That's not financial or investment advice. My opinion (again not financial or investment advice) is that the dinar has to be over 3.50.
1-31-2021 Newshound Guru MilitiaMan Article: "Parliamentary Finance expects: Approval of the 2021 budget within the next two days" I cannot imagine, them not passing this week for a vote. They know there is to much at stake now. There is apparently no going back now... Way to much has been accomplished...imo.
1-31-2021 Newshound Guru Adam Montana [Iraq is trying to defer payment of debt to Kuwait because of their current financial crisis. What does this signify in regards to an RV? If the deferment is granted, does this affect the timing?] In regards to an RV, I say it signifies nothing. Iraq has always tried to plead poverty and defer payments and anything else they can do - just like we would expect any other country to do. The payments are in dollars, not Dinars... this means that after they RV, it will be easier for them to repay. In fact, it makes sense to stall payments until after the RV if possible, because they will effectively pay less that way. Or at least have more to pay with, but I don't think their payment schedule will change for them. It's just better for them all around that way.
1-31-2021 Newshound Guru NORV [aka Kaperoni] If we are to get excited about anything in Iraq of late read up on the Buna payment system. This will create demand and facilitate exchange in Middle East currencies. The end result could be growth of the Iraq economy and an increase in the exchange rate. Time will tell...
1-31-2021 Newshound Guru Adam Montana [I truly believe the "HCL" will be done simultaneously with the Budget 2021 or immediately afterwards...Your thoughts?] I'm mostly in agreement there! It certainly could be done simultaneously with the Budget, but that doesn't mean it has to be done simultaneous...however, the timing certainly is good. I'm hopeful.
1-31-2021 Intel Guru Footforward ...Based on my "opinion", 3.18 makes more sense as a date then it does as a rate. In my "opinion" the rate "can't" be that low. That's not financial or investment advice. My opinion (again not financial or investment advice) is that the dinar has to be over 3.50.
1-31-2021 Newshound Guru MilitiaMan Article: "Parliamentary Finance expects: Approval of the 2021 budget within the next two days" I cannot imagine, them not passing this week for a vote. They know there is to much at stake now. There is apparently no going back now... Way to much has been accomplished...imo.
1-31-2021 Newshound Guru Adam Montana [Iraq is trying to defer payment of debt to Kuwait because of their current financial crisis. What does this signify in regards to an RV? If the deferment is granted, does this affect the timing?] In regards to an RV, I say it signifies nothing. Iraq has always tried to plead poverty and defer payments and anything else they can do - just like we would expect any other country to do. The payments are in dollars, not Dinars... this means that after they RV, it will be easier for them to repay. In fact, it makes sense to stall payments until after the RV if possible, because they will effectively pay less that way. Or at least have more to pay with, but I don't think their payment schedule will change for them. It's just better for them all around that way.
1-31-2021 Newshound Guru NORV [aka Kaperoni] If we are to get excited about anything in Iraq of late read up on the Buna payment system. This will create demand and facilitate exchange in Middle East currencies. The end result could be growth of the Iraq economy and an increase in the exchange rate. Time will tell...
1-31-2021 Newshound Guru Adam Montana [I truly believe the "HCL" will be done simultaneously with the Budget 2021 or immediately afterwards...Your thoughts?] I'm mostly in agreement there! It certainly could be done simultaneously with the Budget, but that doesn't mean it has to be done simultaneous...however, the timing certainly is good. I'm hopeful.
1-30-2021 Newshound/Intel Guru RVAlready Time to finish the RV. I’m sure the rate has been set by now. Just waiting for CBI to announce. Ready for the number!!!
1-30-2021 Newshound Guru Kaperoni The Buna payment system which is part of the Arab Monetary Fund announced a few months ago that the Iraqi dinar would be joining the program. Today, they announced a relationship with JP Morgan Bank for settlements in US dollars. This is significant news.
1-30-2021 Newshound/Intel Guru Petra Article: "Finally, the 2021 budget is ready for approval in Parliament" Quote: "the Parliamentary Finance Committee will, next week, distribute copies of the revised draft of the Maronite law to the heads of political blocs 24 hours before the date of the voting session on the budget law." The source pointed out that "next Monday is the day set for resuming parliamentary sessions and voting on the budget law." So, IMO, BIS requires at least 24 hours notice prior to any formal rate change within all CB's around the world. They, in turn, relay that information back to all the CB's globally. Now, if you read what I just posted the final "draft" will be sent...24 hours prior to the vote. Interesting timing. This may be something, maybe nothing, but it sure falls in line with rate before budget. They are to vote on Monday as Tuesday is their "last day of session!" So, timing is sure unique and allows the ledger to reflect the rate change retroactively back to Jan 1. Again, IMO.
1-30-2021 Newshound Guru Jeff Article: "Shocking parliamentary warning: The dollar may rise to 500 thousand dinar" ...this is not even from the Central Bank...this article is pure trash...Anytime financial information is put out in the news if it's not from the Central Bank I would be very careful trusting it. Be careful trusting only one single article... Article: "Parliament intends to reduce the dollar exchange rate in the budget". Here's what they're really going to do...they have to. Their inflation is rising and they have to bring it down.
1-30-2021 Newshound Guru Adam Montana [Do you think Iraq will go to a digital currency? And Do you feel it will happen at the same time, before or after the rv?] Eventually, yes. After. The timing for an RV is good now. The timing, technology, etc for converting to digital isn't quite there at the moment.
1-30-2021 Intel Guru Bruce [via WiserNow] ...what we are looking for them to do is to do a final vote...of the budget - AND…the HCL...The HCL is the Hydro Carbon Law - it’s the Oil and Gas Law...the law that takes percentages and attributes the percentages to the region of Kurdistan and the rest of Iraq and Baghdad...they are going to vote on is a final vote on 2021 budget and the HCL on Monday...but to be able to do that they have to have a new rate on the Iraqi Dinar before the vote...one of our individuals that lives in Mosul...said that has to happen before Monday – well guess what? The first business day for Iraq is Sunday – my gut is they will have that new rate on Sunday...the timing is interesting as far as the vote on Monday – Remember – we do have a group of people over there in Iraq to help them finish this – and give them any additional help they need regarding the reevaluation of their currency – What is it going to come out at? I don’t know exactly – I know it should be really good – along the lines of what Dr Shabbibi said it would be – back in 2012...
1-30-2021 Newshound Guru Jeff They'll have the budget done by mid-February. That's all that matters. The exact timing of this has nothing to do with the rate change. Even if they complete the budget in a week or two it has nothing to do with the timing of the rate change. The rate change will have everything to do with the timing of their fiscal year...Iraq is walking in Kuwaits footsteps...Don't forget Iraq kind of already gave you the rate change date - when they devalued the currency on December 20th. That was a 90-day tool for the rate change...to reduce the dinar note count and get more 3 zero notes out of circulation within the country of Iraq...you guys are in the best spot you've ever been in. We're looking really good...
1-30-2021 Newshound Guru Kaperoni The Buna payment system which is part of the Arab Monetary Fund announced a few months ago that the Iraqi dinar would be joining the program. Today, they announced a relationship with JP Morgan Bank for settlements in US dollars. This is significant news.
1-30-2021 Newshound/Intel Guru Petra Article: "Finally, the 2021 budget is ready for approval in Parliament" Quote: "the Parliamentary Finance Committee will, next week, distribute copies of the revised draft of the Maronite law to the heads of political blocs 24 hours before the date of the voting session on the budget law." The source pointed out that "next Monday is the day set for resuming parliamentary sessions and voting on the budget law." So, IMO, BIS requires at least 24 hours notice prior to any formal rate change within all CB's around the world. They, in turn, relay that information back to all the CB's globally. Now, if you read what I just posted the final "draft" will be sent...24 hours prior to the vote. Interesting timing. This may be something, maybe nothing, but it sure falls in line with rate before budget. They are to vote on Monday as Tuesday is their "last day of session!" So, timing is sure unique and allows the ledger to reflect the rate change retroactively back to Jan 1. Again, IMO.
1-30-2021 Newshound Guru Jeff Article: "Shocking parliamentary warning: The dollar may rise to 500 thousand dinar" ...this is not even from the Central Bank...this article is pure trash...Anytime financial information is put out in the news if it's not from the Central Bank I would be very careful trusting it. Be careful trusting only one single article... Article: "Parliament intends to reduce the dollar exchange rate in the budget". Here's what they're really going to do...they have to. Their inflation is rising and they have to bring it down.
1-30-2021 Newshound Guru Adam Montana [Do you think Iraq will go to a digital currency? And Do you feel it will happen at the same time, before or after the rv?] Eventually, yes. After. The timing for an RV is good now. The timing, technology, etc for converting to digital isn't quite there at the moment.
1-30-2021 Intel Guru Bruce [via WiserNow] ...what we are looking for them to do is to do a final vote...of the budget - AND…the HCL...The HCL is the Hydro Carbon Law - it’s the Oil and Gas Law...the law that takes percentages and attributes the percentages to the region of Kurdistan and the rest of Iraq and Baghdad...they are going to vote on is a final vote on 2021 budget and the HCL on Monday...but to be able to do that they have to have a new rate on the Iraqi Dinar before the vote...one of our individuals that lives in Mosul...said that has to happen before Monday – well guess what? The first business day for Iraq is Sunday – my gut is they will have that new rate on Sunday...the timing is interesting as far as the vote on Monday – Remember – we do have a group of people over there in Iraq to help them finish this – and give them any additional help they need regarding the reevaluation of their currency – What is it going to come out at? I don’t know exactly – I know it should be really good – along the lines of what Dr Shabbibi said it would be – back in 2012...
1-30-2021 Newshound Guru Jeff They'll have the budget done by mid-February. That's all that matters. The exact timing of this has nothing to do with the rate change. Even if they complete the budget in a week or two it has nothing to do with the timing of the rate change. The rate change will have everything to do with the timing of their fiscal year...Iraq is walking in Kuwaits footsteps...Don't forget Iraq kind of already gave you the rate change date - when they devalued the currency on December 20th. That was a 90-day tool for the rate change...to reduce the dinar note count and get more 3 zero notes out of circulation within the country of Iraq...you guys are in the best spot you've ever been in. We're looking really good...
1-29-2021 Intel Guru Bruce ...Iraq finally evidently agreed on (I don’t remember the name of it) it’s been so far back – it’s a matter of the sharing of revenue between lower Iraq Baghdad – and the Kurdistan Region – which is north part of Iraq - and they have evidently settled on a percentage of revenue that would go to Kurdistan...there appears to be a win / win situation between...Kurdistan and lower provinces of Iraq - so that is good - They’ve got some agreement and are moving forward from there...
1-29-2021 Intel Guru MarkZ [via PDK] We have always been told the ideal window was a Saturday Night between 11 pm est to 2-3 AM est…This is the ideal time because of the lack of numbers going through the financial system. It’s a quiet time and the easiest time to flag any nefarious things going on….We have always been looking at this timeframe. Yes they could do it other times….but Saturday night is the one that makes the most sense...With the QDS system they do have more flexibility then they had before.
1-29-2021 Intel Guru Mike Cottrell [via PDK] [What timeframe/window are you hearing for the RV?] The window is anytime. We are looking at the first financial quarter of the year...I think the window is any time….I would look for it at any moment. …The timeframe that was always given to me was Thurs, Fri, Sat, Sun…Saturday night is when all the banks shut down worldwide for at least an hour to redo their books for going into Monday’s business…
1-29-2021 Newshound Guru Pimpy Article: "The president of the Republic receives a written message from the king of Jordan" Each country's currency gets its value from strong economies...so when you see these countries coming together to work with one another in business and and trade all it does is strengthens their economy. That's what we want to look for. I told you don't just look for an RV or an RI...there are other factors that we can be watching. Pay attention to what's happening in the economy...
1-29-2021 Newshound Guru Jeff ...You've seen this financial article...that said the dollar exchange rate would remain high for a period of 3 years...there were things I've taught you guys in this but you didn't apply it...how many of those articles did you see? Only one. Nothing more. I've taught you that you need to see more than one. When they devalued the currency on December 20th we saw a lot of articles. Not just one. We saw a bunch. Second, the article talking about the dollar exchange rate remaining high...that only came from the Parliamentary Finance Committee...if it doesn't come from the Central Bank it's don't hold any credibility...I need to see it from the Central Bank...we need to see more than one article and it's got to come from the Central Bank...
1-29-2021 Newshound Guru Adam Montana [Will the cancelling of the Keystone XL increase demand for IRAQI oil and thereby the PPB? Could this be a Precursor to an RV?] That's a great observation, and I think it's 100% in Iraq's favor! Anything that drives the price of oil up, and does not take away from Iraq's ability to produce and export their own product, is good for Iraq. This is one such example.
1-29-2021 Newshound Guru MilitiaMan Article: "International Monetary Receives an "emergency request" from Iraq" Yep... They are not going to do that for a program rate... More to the story and the story is economic success, hence, the support from the IMF... There is give and take and Iraq is ready to give now.. imo..
1-29-2021 Intel Guru MarkZ [via PDK] [Any new info on dong rates?] I am still hearing a street rate .47 to .50 cents and it will be allowed to float up. The contract rate is expected to be in the low $2 dollars. Hopefully this is accurate. We are not going to know the actual rates until we get there. Some rates are being re-negotiated up until the very last moment.
1-29-2021 Intel Guru MarkZ [via PDK] We have always been told the ideal window was a Saturday Night between 11 pm est to 2-3 AM est…This is the ideal time because of the lack of numbers going through the financial system. It’s a quiet time and the easiest time to flag any nefarious things going on….We have always been looking at this timeframe. Yes they could do it other times….but Saturday night is the one that makes the most sense...With the QDS system they do have more flexibility then they had before.
1-29-2021 Intel Guru Mike Cottrell [via PDK] [What timeframe/window are you hearing for the RV?] The window is anytime. We are looking at the first financial quarter of the year...I think the window is any time….I would look for it at any moment. …The timeframe that was always given to me was Thurs, Fri, Sat, Sun…Saturday night is when all the banks shut down worldwide for at least an hour to redo their books for going into Monday’s business…
1-29-2021 Newshound Guru Pimpy Article: "The president of the Republic receives a written message from the king of Jordan" Each country's currency gets its value from strong economies...so when you see these countries coming together to work with one another in business and and trade all it does is strengthens their economy. That's what we want to look for. I told you don't just look for an RV or an RI...there are other factors that we can be watching. Pay attention to what's happening in the economy...
1-29-2021 Newshound Guru Jeff ...You've seen this financial article...that said the dollar exchange rate would remain high for a period of 3 years...there were things I've taught you guys in this but you didn't apply it...how many of those articles did you see? Only one. Nothing more. I've taught you that you need to see more than one. When they devalued the currency on December 20th we saw a lot of articles. Not just one. We saw a bunch. Second, the article talking about the dollar exchange rate remaining high...that only came from the Parliamentary Finance Committee...if it doesn't come from the Central Bank it's don't hold any credibility...I need to see it from the Central Bank...we need to see more than one article and it's got to come from the Central Bank...
1-29-2021 Newshound Guru Adam Montana [Will the cancelling of the Keystone XL increase demand for IRAQI oil and thereby the PPB? Could this be a Precursor to an RV?] That's a great observation, and I think it's 100% in Iraq's favor! Anything that drives the price of oil up, and does not take away from Iraq's ability to produce and export their own product, is good for Iraq. This is one such example.
1-29-2021 Newshound Guru MilitiaMan Article: "International Monetary Receives an "emergency request" from Iraq" Yep... They are not going to do that for a program rate... More to the story and the story is economic success, hence, the support from the IMF... There is give and take and Iraq is ready to give now.. imo..
1-29-2021 Intel Guru MarkZ [via PDK] [Any new info on dong rates?] I am still hearing a street rate .47 to .50 cents and it will be allowed to float up. The contract rate is expected to be in the low $2 dollars. Hopefully this is accurate. We are not going to know the actual rates until we get there. Some rates are being re-negotiated up until the very last moment.
1-28-2021 Intel Guru RayRen98 US BANKS ARE "ON LOCATION" TODAY... WAITING FOR THE "GO" SIGNAL!...EVEN THE TREASURY FOLK ARE STARTING TO SOUND EXCITED.
1-28-2021 Newshound/Intel Guru Mnt Goat ...If the reinstatement was going to happen, we would have seen an education period followed by the project to delete the zeros in December followed by the reinstatement in January. This is the process and each step takes time. Is there still a chance to see the reinstatement any time soon? As long as the 2021 budget is not yet opened there is a slight chance, a very slight chance, it can still happen, but I am very doubtful. This is only from a technical standpoint not a practical standpoint. There is a difference.
1-28-2021 Intel Guru Bruce I do know that the rates are supposed to be high – and higher than we thought - which is pretty good for us but – I am really not that concerned about it - but we do know that step in this process is important...
1-28-2021 Intel Guru MarkZ [via PDK] We are hearing good news out of Iraq as the white papers are moving forward again. There is a lot of great chatter coming out of Iraq right now...I am feeling very hopeful right now.
1-28-2021 Newshound Guru Pimpy Article: "Another Arab county joins the club of normalization with Israel" This is very very dangerous for Iran...it's gonna make it very hard for Iran to bully these people around...This is a continuation of what Trump started...this is good. It really is...these people are all in the Middle East and we need peace in the Middle East...
1-28-2021 Newshound Guru Adam Montana [How’s the impact of the latest suicide bombing and the affect of biden if any?] Although both are tragic and unfortunate, I see no impact from either of those.
1-28-2021 Newshound Guru MilitiaMan Article: "Al-Halbousi and the Emir of Kuwait discuss activating the joint governmental and parliamentary committees between the two countries" This is about tens of billions of dollars for re construction. Clearing and Settling payments goes hand and hand with this. If we cannot see what is at play by now, one may never get it.. Wow! This is good... imo!
1-28-2021 Newshound/Intel Guru Mnt Goat ...If the reinstatement was going to happen, we would have seen an education period followed by the project to delete the zeros in December followed by the reinstatement in January. This is the process and each step takes time. Is there still a chance to see the reinstatement any time soon? As long as the 2021 budget is not yet opened there is a slight chance, a very slight chance, it can still happen, but I am very doubtful. This is only from a technical standpoint not a practical standpoint. There is a difference.
1-28-2021 Intel Guru Bruce I do know that the rates are supposed to be high – and higher than we thought - which is pretty good for us but – I am really not that concerned about it - but we do know that step in this process is important...
1-28-2021 Intel Guru MarkZ [via PDK] We are hearing good news out of Iraq as the white papers are moving forward again. There is a lot of great chatter coming out of Iraq right now...I am feeling very hopeful right now.
1-28-2021 Newshound Guru Pimpy Article: "Another Arab county joins the club of normalization with Israel" This is very very dangerous for Iran...it's gonna make it very hard for Iran to bully these people around...This is a continuation of what Trump started...this is good. It really is...these people are all in the Middle East and we need peace in the Middle East...
1-28-2021 Newshound Guru Adam Montana [How’s the impact of the latest suicide bombing and the affect of biden if any?] Although both are tragic and unfortunate, I see no impact from either of those.
1-28-2021 Newshound Guru MilitiaMan Article: "Al-Halbousi and the Emir of Kuwait discuss activating the joint governmental and parliamentary committees between the two countries" This is about tens of billions of dollars for re construction. Clearing and Settling payments goes hand and hand with this. If we cannot see what is at play by now, one may never get it.. Wow! This is good... imo!
1-27-2021 Intel Guru Bruce [via WiserNow] ...Iraq...should be in a good position with the budget having been read three times it can be put into law and then of course it can be revealed in the gazette...Wednesday and Saturday are the two days that Iraq prints out their official record called the Gazette...the problem is if they passed their budget and the budget is printed – or even if it’s available on line – on the digital version – of the gazette – the people will see it and be able to see the rate of the Dinar relative to the budget for 2021... so it’s sort of a dead giveaway - what makes it interesting is – they have held it back – obviously withholding it from us – we have a team over there that was helping them go through the final aspects of the re-evaluation of their currency – there are several theories of how it will come out ... We’ll see what happens in the next couple of days – as far as we know everything is set and ready to go - we’re not going to know “exactly” until it happens...
1-27-2021 Newshound Guru Adam Montana Article: "Representative Energy: We have dealt with the oil and gas law disputes and will vote on it soon" HCL is such a key component right now. In fact, 98% of this RV hinges on when and how the HCL is finally completed...and with things like that coming out, you know we aren't far now!
1-27-2021 Newshound Guru MilitiaMan Article: "The International Development Bank announces its joining the "Bani" platform" Quote: "work is underway to introduce the Iraqi dinar currency on this platform soon to encourage the use of Arab currencies in financial and investment transactions in accordance with international standards..." When using terms lately like being forced to do things for a purpose like we saw with the IMF aligning the IQD with the SDR Basket imo, here is one were they are telling us they are unremitting in their efforts to get settling and clearing payments with in the AMF, region and abroad. Looks like it is signed and now about ready to go live. Wow! imo.
1-27-2021 Newshound/Intel Guru Petra ...when they made that move [devaluing the currency] the clock started. And that clock is ticking down fast. Because they can't stay at that rate much longer. That's the biggest key to me. They've got to drive the truck home. The train has got to arrive in the station. Whichever analogy you choose to use. They can't stay at that rate much longer because it's gonna effect their people and their entire economy. We know the white papers don't work without it. Nothing works without it...if folks don't see it they're blind...if there's an end game we're at the final piece of it...
1-27-2021 Intel Guru MarkZ There are a number of people finally in position today…they are ready for this thing to move forward. This tells me we could see something soon. People are staffed in redemption centers…paymasters are in place and key individuals are right where they need to be for everything to move forward...
1-27-2021 Newshound/Intel Guru Mnt Goat ...if you are under the impression (or assumption) that passing the 2021 budget is going to get you some RV...There is no new RV rate in the budget.
1-27-2021 Newshound Guru MilitiaMan Article quote: "Baghdad will be able to apply for a quick loan of two billion dollars through a special mechanism in the IMF dedicated to supporting the economies of countries." Iraq didn't get loans in the recent past from the IMF in the manner in which they speak now... That is because they were not ready yet. Now they apparently are ready to go international., as the IMF and others are working in tandem and have precautionary measures in place to make the transition smoother along the way.. imo.
1-27-2021 Newshound Guru Adam Montana Article: "Representative Energy: We have dealt with the oil and gas law disputes and will vote on it soon" HCL is such a key component right now. In fact, 98% of this RV hinges on when and how the HCL is finally completed...and with things like that coming out, you know we aren't far now!
1-27-2021 Newshound Guru MilitiaMan Article: "The International Development Bank announces its joining the "Bani" platform" Quote: "work is underway to introduce the Iraqi dinar currency on this platform soon to encourage the use of Arab currencies in financial and investment transactions in accordance with international standards..." When using terms lately like being forced to do things for a purpose like we saw with the IMF aligning the IQD with the SDR Basket imo, here is one were they are telling us they are unremitting in their efforts to get settling and clearing payments with in the AMF, region and abroad. Looks like it is signed and now about ready to go live. Wow! imo.
1-27-2021 Newshound/Intel Guru Petra ...when they made that move [devaluing the currency] the clock started. And that clock is ticking down fast. Because they can't stay at that rate much longer. That's the biggest key to me. They've got to drive the truck home. The train has got to arrive in the station. Whichever analogy you choose to use. They can't stay at that rate much longer because it's gonna effect their people and their entire economy. We know the white papers don't work without it. Nothing works without it...if folks don't see it they're blind...if there's an end game we're at the final piece of it...
1-27-2021 Intel Guru MarkZ There are a number of people finally in position today…they are ready for this thing to move forward. This tells me we could see something soon. People are staffed in redemption centers…paymasters are in place and key individuals are right where they need to be for everything to move forward...
1-27-2021 Newshound/Intel Guru Mnt Goat ...if you are under the impression (or assumption) that passing the 2021 budget is going to get you some RV...There is no new RV rate in the budget.
1-27-2021 Newshound Guru MilitiaMan Article quote: "Baghdad will be able to apply for a quick loan of two billion dollars through a special mechanism in the IMF dedicated to supporting the economies of countries." Iraq didn't get loans in the recent past from the IMF in the manner in which they speak now... That is because they were not ready yet. Now they apparently are ready to go international., as the IMF and others are working in tandem and have precautionary measures in place to make the transition smoother along the way.. imo.
1-26-2021 Newshound/Intel Guru Petra ...the G7, the EU, the World Bank and IMF have all come out in support of the white papers...they can't wait too long. They've got to move...they just need to vote on the budget and they're ready to do that once the rate is inserted into the budget...it's getting to the point where it's at the apex. Everything is there...I think we are in a fantastic position. Better than I thought we'd ever be. We're down to the nitty-gritty here because everything is ready to go...
1-26-2021 Newshound Guru Pimpy ...things are looking good. It looks to us that finally some type of agreement is going to be finalized between Erbil and Baghdad. That's going to help with the '21 budget. I love the fact that they're increasing the budget from $42/barrel of oil to $45. That means much more of the deficit will be taken care of. Nothing will be added to the deficit. The fact that oil is much higher than they budgeted for is great. It's a surplus. That's also going to help them with the foreign currency reserves...these are positive steps going in the right direction...
1-26-2021 Intel Guru Frank26 ...there are many rumors, there's a lot of chatter among the Iraqi citizens right now concerning the new small category notes and the new exchange rate because they know. Allow that to encourage you...
1-26-2021 Newshound Guru MilitiaMan there was an article that came out [In December]...that said Baghdad was forced to devalue their currency...by the IMF. By devaluing the currency to 1146...If you delete the zeros off the exchange rate you get 1.46. Today's SDR is $1.44...they're within pennies of each other...that's why they were forced to devalue! IMO They needed to be inline with the IMF...I have a strong feeling being forced to devalue and get in sync with the SDR is telling us they are at the final stage to lift the value...
1-26-2021 Intel Guru MarkZ [via PDK] [RV in March/April? Your opinion?] I don’t think we will make it until March. I don’t think that is a possibility. The implosion is sooner. They have created a monster and the spiral is picking up speed exponentially.
1-26-2021 Newshound/Intel Guru Petra ...a week ago Saturday I think they realized the clock was ticking down and they had to get that budget done. IOO the budget is done and we're just waiting on the rate. Now all the outside pieces are coming together with regard to international activities...and all the efforts to make Iraq come out of the gate absolutely running a million miles and hour...
1-26-2021 Newshound Guru MilitiaMan ...we see...that the Kurds showed up today in respect to their share of the 2021 budget. They are also talking about they have six months of back pay coming to them. We have heard they were in agreement on taxation on salaries too, and not just with the kurds in mind. Taxation on salaries will be applied country wide. Hence, the agreements made will be sorted through the new value added... Remember they talked about value added taxes...Well not at 1460 they won't. But, when RI hits and they have value added they will. It is all in the plan in my view...
1-26-2021 Newshound Guru Pimpy ...things are looking good. It looks to us that finally some type of agreement is going to be finalized between Erbil and Baghdad. That's going to help with the '21 budget. I love the fact that they're increasing the budget from $42/barrel of oil to $45. That means much more of the deficit will be taken care of. Nothing will be added to the deficit. The fact that oil is much higher than they budgeted for is great. It's a surplus. That's also going to help them with the foreign currency reserves...these are positive steps going in the right direction...
1-26-2021 Intel Guru Frank26 ...there are many rumors, there's a lot of chatter among the Iraqi citizens right now concerning the new small category notes and the new exchange rate because they know. Allow that to encourage you...
1-26-2021 Newshound Guru MilitiaMan there was an article that came out [In December]...that said Baghdad was forced to devalue their currency...by the IMF. By devaluing the currency to 1146...If you delete the zeros off the exchange rate you get 1.46. Today's SDR is $1.44...they're within pennies of each other...that's why they were forced to devalue! IMO They needed to be inline with the IMF...I have a strong feeling being forced to devalue and get in sync with the SDR is telling us they are at the final stage to lift the value...
1-26-2021 Intel Guru MarkZ [via PDK] [RV in March/April? Your opinion?] I don’t think we will make it until March. I don’t think that is a possibility. The implosion is sooner. They have created a monster and the spiral is picking up speed exponentially.
1-26-2021 Newshound/Intel Guru Petra ...a week ago Saturday I think they realized the clock was ticking down and they had to get that budget done. IOO the budget is done and we're just waiting on the rate. Now all the outside pieces are coming together with regard to international activities...and all the efforts to make Iraq come out of the gate absolutely running a million miles and hour...
1-26-2021 Newshound Guru MilitiaMan ...we see...that the Kurds showed up today in respect to their share of the 2021 budget. They are also talking about they have six months of back pay coming to them. We have heard they were in agreement on taxation on salaries too, and not just with the kurds in mind. Taxation on salaries will be applied country wide. Hence, the agreements made will be sorted through the new value added... Remember they talked about value added taxes...Well not at 1460 they won't. But, when RI hits and they have value added they will. It is all in the plan in my view...
1-25-2021 Newshound/Intel Guru Petra ...the IMF forced the rate down to 1460. I'm of the opinion, that started the clock ticking. Because they can only keep the rate down for so long until it really impacts the entire economy of Iraq. But they did it for a reason. The white papers do not work at 1460. The white papers do not work at 1190. They don't work at a program rate. The white papers work at a 1 to 1 or greater...
1-25-2021 Intel Guru MarkZ [via PDK] [We are being told the rates will be better than expected…any thoughts on this?] I am not hearing any change on rates…could those high rates be reflective of the weakening of the US dollar? Yes- that is a possibility.
1-25-2021 Newshound Guru Pimpy There's other oil that's getting ready to be discovered...I think you're going to see Iraq move to possibly the largest deposits of oil in the world...even more than Venezuela. It's there. We want to see it happen...
1-25-2021 Newshound Guru MilitiaMan ...meetings have...been on going with very large global entities on a weekly basis and ...there were agreements made... Let's not forget the IMF had their hand in the forcing of the devaluation in Dec 2020. They did that for a reason. I feel it was for to synchronize the rate of the IQD with the IMF SDR basket in mind...when they RI the IQD they will be able to get it into the secondary markets as it will have significant value, hence, that value may or will make it easy to get loans for economic support during the transition into a market economy (private sector). They'll need stability and that is what the IMF is there for...The plan and or agreements are about to take a very different shape...Oh ya...A digital one that is to be on a large scale...imo.
1-25-2021 Intel Guru MarkZ [via PDK] There is so much happening…it’s more than a little interesting... I talked to a few redemption center contacts…this is the first week they are planning on having a full staff in anticipation…no one knows when…but I know a lot of group leaders that have been called over the weekend to get back to their redemption areas where they are handling it…I hope these are signs that we are close.
1-25-21 Newshound Guru Pimpy ...one article says they plan on keeping the rate that it's at now for the next 3 years. Some of you are going 'Oh my god we have to wait 3 years?' That's very possible. Like I said when you hear good news don't get overly excited. When you hear bad news don't get overly bummed out. IMO is it going to stay that way for 3 years? No I don't think so...Hopefully peace will remain in the Middle East. Iraq will continue to grow and if they could do this I think the rate change would change a little bit quicker...just because they say it don't mean that's how long it's going to take. There are a lot of other things to take into consideration...do plans change? Yes, they do...I have my own theories on why it's not going to last.
1-25-2021 Newshound Guru MilitiaMan Article: "Results of the foreign currency sale window for Sunday 01/24/2021, and executed today" Here is just more support ...that they are ceasing the Multi Currency Practices... 0 cash sales. A key indicator change is coming.
1-25-2021 Intel Guru MarkZ [via PDK] [We are being told the rates will be better than expected…any thoughts on this?] I am not hearing any change on rates…could those high rates be reflective of the weakening of the US dollar? Yes- that is a possibility.
1-25-2021 Newshound Guru Pimpy There's other oil that's getting ready to be discovered...I think you're going to see Iraq move to possibly the largest deposits of oil in the world...even more than Venezuela. It's there. We want to see it happen...
1-25-2021 Newshound Guru MilitiaMan ...meetings have...been on going with very large global entities on a weekly basis and ...there were agreements made... Let's not forget the IMF had their hand in the forcing of the devaluation in Dec 2020. They did that for a reason. I feel it was for to synchronize the rate of the IQD with the IMF SDR basket in mind...when they RI the IQD they will be able to get it into the secondary markets as it will have significant value, hence, that value may or will make it easy to get loans for economic support during the transition into a market economy (private sector). They'll need stability and that is what the IMF is there for...The plan and or agreements are about to take a very different shape...Oh ya...A digital one that is to be on a large scale...imo.
1-25-2021 Intel Guru MarkZ [via PDK] There is so much happening…it’s more than a little interesting... I talked to a few redemption center contacts…this is the first week they are planning on having a full staff in anticipation…no one knows when…but I know a lot of group leaders that have been called over the weekend to get back to their redemption areas where they are handling it…I hope these are signs that we are close.
1-25-21 Newshound Guru Pimpy ...one article says they plan on keeping the rate that it's at now for the next 3 years. Some of you are going 'Oh my god we have to wait 3 years?' That's very possible. Like I said when you hear good news don't get overly excited. When you hear bad news don't get overly bummed out. IMO is it going to stay that way for 3 years? No I don't think so...Hopefully peace will remain in the Middle East. Iraq will continue to grow and if they could do this I think the rate change would change a little bit quicker...just because they say it don't mean that's how long it's going to take. There are a lot of other things to take into consideration...do plans change? Yes, they do...I have my own theories on why it's not going to last.
1-25-2021 Newshound Guru MilitiaMan Article: "Results of the foreign currency sale window for Sunday 01/24/2021, and executed today" Here is just more support ...that they are ceasing the Multi Currency Practices... 0 cash sales. A key indicator change is coming.
1-24-2021 Intel Guru RayRen98 Iraqi TV reported that Parliament will complete the amendments to the budget law by Wednesday or Thursday and will present them for voting at that time.
1-24-2021 Newshound Guru MilitiaMan Article: "Sumaisem: America will not pump dollars into Iraq, and dealings will be in the digital currency...and Baghdad is forced to comply with the recommendations of the international monetary 27th December, 2020" FORCED to devalue to 1460... Then think FORCE means they had to get in sync with the region. They are once they delete the zeros...imo...So there by they were forced into it, which means they have no choice but to RI...imo.
1-24-2021 Newshound Guru MilitiaMan Article: "Sumaisem: America will not pump dollars into Iraq, and dealings will be in the digital currency...and Baghdad is forced to comply with the recommendations of the international monetary 27th December, 2020" FORCED to devalue to 1460... Then think FORCE means they had to get in sync with the region. They are once they delete the zeros...imo...So there by they were forced into it, which means they have no choice but to RI...imo.
1-23-2021 Newshound Guru Jeff Iraq is moving in Kuwait's footsteps. It's that simple. Kuwait changed their rate at the beginning of their fiscal year. Iraq's already told you that's what their intention, goals and objections are too. Iraq already came out telling you in print that they are going to increase the value of their currency at the beginning of a new budget period. Iraq's new fiscal year does not even start until April 1st...Iraq has gone as far forward as they can at this point without changing the rate...once they finish the '21 budget it's game over. After the '21 budget comes the rate change.
1-23-2021 Intel Guru Footforward ...I don't think Trump has to be in office. I think it would be better if he is in office. I believe Trump and Kushner have fixed things so that the RV can happen...
1-23-2021 Newshound Guru Jeff ...they actually launched the reforms on December 20th when they devalued the currency...that was a preparation step for the rate change. That's them confirming to you they're preparing to change the rate...it was a tool being used to reduce the 3 zero note count in country...We are in a great spot. We're in the best position ever...I've been telling you that January through March was the season for the rate change. Iraq confirmed that when they implemented the reforms...
1-23-2021 Intel Guru RayRen98 US banks and call centers are "on location" this morning being told to look for "activity" between this afternoon and Sunday evening...in spite of the Treasury Secretary not being confirmed until sometime next week? TIME WILL TELL and WAIT WE SHALL...We are in an interesting place and time!
1-23-2021 Intel Guru Bruce [via WiserNow] my understanding today is that Iraq is going to be the strongest currency and the strongest financial nation in the middle east and not too long from now...
1-23-2021 Intel Guru Footforward ...I don't think Trump has to be in office. I think it would be better if he is in office. I believe Trump and Kushner have fixed things so that the RV can happen...
1-23-2021 Newshound Guru Jeff ...they actually launched the reforms on December 20th when they devalued the currency...that was a preparation step for the rate change. That's them confirming to you they're preparing to change the rate...it was a tool being used to reduce the 3 zero note count in country...We are in a great spot. We're in the best position ever...I've been telling you that January through March was the season for the rate change. Iraq confirmed that when they implemented the reforms...
1-23-2021 Intel Guru RayRen98 US banks and call centers are "on location" this morning being told to look for "activity" between this afternoon and Sunday evening...in spite of the Treasury Secretary not being confirmed until sometime next week? TIME WILL TELL and WAIT WE SHALL...We are in an interesting place and time!
1-23-2021 Intel Guru Bruce [via WiserNow] my understanding today is that Iraq is going to be the strongest currency and the strongest financial nation in the middle east and not too long from now...
1-22-2021 Intel Guru Bruce [via WiserNow] ...I was told that the rates both front screen and back screen or contract rates – are going to be higher that we even thought they were – which is pretty high – so you’re not to worry about the rates don’t sweat it – they are going to be very - very good.
1-22-2021 Newshound Guru MilitiaMan Article: "At the end of this year, debt ratios will be more than 100 trillion" Quote: "And recently, the government called on citizens to deposit their own money, which is estimated at 62 trillion dinars, in government banks, but this matter is the most expedient for observers to respond to," So they are apparently suggesting they need to expedite the deposits of chunky money into government banks...Telling them they need it in the banks expeditiously... They are in the process of gathering the large notes off the street. The more they get the better it may be for supporting the new rate with less categories to issue.. Smaller note count, means to me more value. It is important to support the value going into the new issue... imo
1-22-2021 Intel Guru Bruce [via WiserNow] ...I think that they are waiting on a signal to come - and I think will come from Iraq - because again – Iraq has been waiting to make their rate change “known” and my understanding is to be made known as early as Sunday – Monday or Tuesday - of this coming week – and we should have that new rate finally established and everything else along with that complete as far as Iraq is concerned...So we are going to have to wait and watch to see how that unfolds...So – we’re looking really strong I believe for Monday or Tuesday ...Be excited – be ready – pray – do not give up – I am excited...
1-22-2021 Intel Guru MarkZ [via PDK] [What is your best guess on timing for us to go?] Right now…based on what I am seeing from the comptroller and banks…sometime around the 27th we may see some serious changes to our economic system…so right now that is where my eyes are fixed at.
1-22-2021 Intel Guru MarkZ [via PDK] I talked to contacts in Iraq…It’s nice to know people who live and work there….they are still pushing for a 1 to 1 rate.
1-22-2021 Newshound Guru MilitiaMan Article: "Al-Tamimi reveals the date of the vote on the budget: resolving disputes is imminent" Quote: "it is hoped that the budget will be presented to a vote within days." I'll second that motion... "Within days" lines up with the WTO, UN, HCL, Taxation of salaries possibly... Lets see what they do...
1-22-2021 Newshound Guru MilitiaMan Article: "At the end of this year, debt ratios will be more than 100 trillion" Quote: "And recently, the government called on citizens to deposit their own money, which is estimated at 62 trillion dinars, in government banks, but this matter is the most expedient for observers to respond to," So they are apparently suggesting they need to expedite the deposits of chunky money into government banks...Telling them they need it in the banks expeditiously... They are in the process of gathering the large notes off the street. The more they get the better it may be for supporting the new rate with less categories to issue.. Smaller note count, means to me more value. It is important to support the value going into the new issue... imo
1-22-2021 Intel Guru Bruce [via WiserNow] ...I think that they are waiting on a signal to come - and I think will come from Iraq - because again – Iraq has been waiting to make their rate change “known” and my understanding is to be made known as early as Sunday – Monday or Tuesday - of this coming week – and we should have that new rate finally established and everything else along with that complete as far as Iraq is concerned...So we are going to have to wait and watch to see how that unfolds...So – we’re looking really strong I believe for Monday or Tuesday ...Be excited – be ready – pray – do not give up – I am excited...
1-22-2021 Intel Guru MarkZ [via PDK] [What is your best guess on timing for us to go?] Right now…based on what I am seeing from the comptroller and banks…sometime around the 27th we may see some serious changes to our economic system…so right now that is where my eyes are fixed at.
1-22-2021 Intel Guru MarkZ [via PDK] I talked to contacts in Iraq…It’s nice to know people who live and work there….they are still pushing for a 1 to 1 rate.
1-22-2021 Newshound Guru MilitiaMan Article: "Al-Tamimi reveals the date of the vote on the budget: resolving disputes is imminent" Quote: "it is hoped that the budget will be presented to a vote within days." I'll second that motion... "Within days" lines up with the WTO, UN, HCL, Taxation of salaries possibly... Lets see what they do...
1-21-2021 Newshound Guru MilitiaMan Article: "Al-Tamimi reveals the date of the vote on the budget: resolving disputes is imminent" Quote: "It stated that "it is hoped that the budget will be presented to a vote within days." I'll second that motion.. Within days lines up with the WTO, UN, HCL, Taxation of salaries possibly...Lets see what they do...Going to the private sector is going to need an international rate of exchange...imo.
1-21-2021 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT REVEALS THE COMPLETION OF THE LEGAL DRAFTING OF THE OIL AND GAS LAW" Quote: "The Parliamentary Oil and Gas Committee revealed, on Thursday, that THE LEGAL DRAFTING OF THE OIL AND GAS LAW HAS BEEN COMPLETED AFTER ALL DISPUTES REGARDING IT HAVE BEEN ADDRESSED and the three components agree, indicating that Parliament will vote on it soon and before the end of its current session."
1-21-2021 Newshound Guru MilitiaMan The HCL is ready to be voted on next week. 0 cash sales in the Auctions. 2021 Budget to be voted on next week as well. The timing of these things is by no coincidence. It is to be show time.. imo. I highly doubt they came this far to go into a private or market economy at less than a program rate of 1460.. SDR is still $1.44 real close.. imo ~ Things looks very good.
1-21-2021 Intel Guru MarkZ [via PDK] Most of my Military sources say watch the 27th…I think we will know by Feb 1st if the reset is pushing forward or will Iraq just go for a 1 to 1…. On a positive note I was told if Iraq pushes forward with a 1 to 1 rate…then Vietnam will came out with a street revaluation of close to .50 cents…that is what I am being told. This is because their treasuries are to inter-related…Consider this rumors only.
1-21-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQ: CLOSING DOWN THE GREEN ZONE AFTER TWO SUICIDE BOMBINGS" “security breaches"...This is the deep state and they will use Iran as their scape goat. Do you see they are creating FEAR again just when things were settling down and moving ahead once again. They will continue with these events until they get what they want or they are found out and shut down. This is how the deep state works...
1-21-2021 Intel Guru MarkZ [via PDK] Not much news on the RV front…a number of military contacts think it is still in play and we are in the thick of it…There is still great chatter out of Iraq that they are moving forward…and also from Vietnam. So no matter what happens…they are still moving forward with their revaluations.
1-21-2021 Intel Guru Bruce [via WiserNow] ...bank contacts we have with one of the major banks and with people we get to talk to occasionally...what we’re hearing from that individual who is getting information from a corporate person – is saying stay tuned for anything for us - talking about us...to go between now and Saturday...this is what I’m being told that everything is good to go and it seems like they finally have everything ready and there is activity now where there wasn’t before...
1-21-2021 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT REVEALS THE COMPLETION OF THE LEGAL DRAFTING OF THE OIL AND GAS LAW" Quote: "The Parliamentary Oil and Gas Committee revealed, on Thursday, that THE LEGAL DRAFTING OF THE OIL AND GAS LAW HAS BEEN COMPLETED AFTER ALL DISPUTES REGARDING IT HAVE BEEN ADDRESSED and the three components agree, indicating that Parliament will vote on it soon and before the end of its current session."
1-21-2021 Newshound Guru MilitiaMan The HCL is ready to be voted on next week. 0 cash sales in the Auctions. 2021 Budget to be voted on next week as well. The timing of these things is by no coincidence. It is to be show time.. imo. I highly doubt they came this far to go into a private or market economy at less than a program rate of 1460.. SDR is still $1.44 real close.. imo ~ Things looks very good.
1-21-2021 Intel Guru MarkZ [via PDK] Most of my Military sources say watch the 27th…I think we will know by Feb 1st if the reset is pushing forward or will Iraq just go for a 1 to 1…. On a positive note I was told if Iraq pushes forward with a 1 to 1 rate…then Vietnam will came out with a street revaluation of close to .50 cents…that is what I am being told. This is because their treasuries are to inter-related…Consider this rumors only.
1-21-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQ: CLOSING DOWN THE GREEN ZONE AFTER TWO SUICIDE BOMBINGS" “security breaches"...This is the deep state and they will use Iran as their scape goat. Do you see they are creating FEAR again just when things were settling down and moving ahead once again. They will continue with these events until they get what they want or they are found out and shut down. This is how the deep state works...
1-21-2021 Intel Guru MarkZ [via PDK] Not much news on the RV front…a number of military contacts think it is still in play and we are in the thick of it…There is still great chatter out of Iraq that they are moving forward…and also from Vietnam. So no matter what happens…they are still moving forward with their revaluations.
1-21-2021 Intel Guru Bruce [via WiserNow] ...bank contacts we have with one of the major banks and with people we get to talk to occasionally...what we’re hearing from that individual who is getting information from a corporate person – is saying stay tuned for anything for us - talking about us...to go between now and Saturday...this is what I’m being told that everything is good to go and it seems like they finally have everything ready and there is activity now where there wasn’t before...
1-20-2021 Newshound/Intel Guru Mnt Goat Article: "DELETING ZEROS OR PRINTING A NEW CATEGORY?" .. THE IRAQI GOVERNMENT'S OPTIONS TO SAVE THE DINAR FROM COLLAPSE" What new currency is there to print? We know the lower denominations are already printed. No, they are not yet at the banks as you don’t just given money to the banks for nothing. They must purchase the new denominations from the CBI. Yes, there are some already purchased in very limited supply. So some banks so already have them.
1-20-2021 Newshound/Intel Gurus Walkingstick and Frank26 They finished. They found the sweet spot. They collected enough of the three zeros. We believe over 40 trillion extra. They are very happy with what they have as far as their numbers - the counts of the notes...we sense a rush to this process...they'll meet this coming Saturday. They're putting together the poster-boards to show to the citizens...This coming Saturday they are making their final decisions...
1-20-2021 Intel Guru Bruce [via WiserNow] We were under the impression that Iraq had read their budget...our understanding is they did read the budget 3 times ...We did not get confirmed whether that made it into the “official” record or it may have made it into the official record and just held back so we did not see it - because if we had seen it - it would release the actual value of the Iraqi Dinar ... it looks like the budget was passed – it looks like they have a new rate - was supposed to go up on Sunday night to be traded internationally – I cannot tell you absolutely that happened...
1-20-2021 Newshound/Intel Guru Mnt Goat Article: "AFTER THE ECONOMIC CONSEQUENCES...THE DEVALUATION OF THE DINAR "PREPARES" FOR NEW PROBLEMS FOR THE IRAQIS" Quote: "IT FORMED A NEGATIVE IMPRESSION ON THE INVESTMENT SECTOR, so that IRAQ HAS BECOME A REPELLENT ENVIRONMENT FOR FOREIGN INVESTMENT." ...this article tells me they must raise the rate of the dinar against the dollar very soon or they will never rebuild their economy. We know the main reason they did this was to pay off their outstanding debt...
1-20-2021 Intel Guru MarkZ [via PDK] [Did you hear Issac news on RV front? Any day now...I hear we should look to this weekend.] That is very possible…I have a number of people who say the US dollar will reset on Jan. 27th. This is including somebody in the finance ministry in Iraq who believes we will see the new values around the 27th.
1-20-2021 Newshound Guru Adam Montana We have some optimism on the Budget side, namely: Articles: "Barzani's party affirms guaranteeing Kurdistan's share of the budget: "No obstacles" so far"; "Parliamentary Finance: The budget will be ready next week" If the Kurds weren't happy with their share, there would be a problem with HCL. This says the opposite - all in agreement, ready to go next week, and that says to me: Let's go HCL! ...GO RRRRVVVVV!!!
1-20-2021 Newshound/Intel Guru Mnt Goat ...they already told us in many previous articles that they have already collected substantial amounts of the currency and that electronic banking is now effective in every major city. We also know that limited amounts of the newer lower denominations are in fact already printed. ...do not give up on the reinstatement of the Iraqi dinar. It will be reinstated when the corruption both in Iraq and in the US is dealt with and things settle down...
1-20-2021 Newshound/Intel Gurus Walkingstick and Frank26 IOO they are finished with the tally. They are finished collecting the 3 zeros and they are happy with the results. The CBI is very pleased with the note count...this Saturday coming up they will continue to meet...It is our opinion that they are now going to talk about the new small category notes [NSCNs]...the topics they're covering are - how they are going to present it to the public. Which ones because they may not come out with all the categories/denominations at the beginning. The value. In other words the exchange rate. The note count that is to be distributed - how much are we going to be putting out into the streets. They will continue the distribution of these notes even as they bring in the 3 zero notes before, during and after this whole process. There seems to be a mad rush to do this. We believe they brought in another 40 Trillion 3 zero notes.
1-20-2021 Intel Guru Frank26 the budget itself is about to come out. Now, if they come out with the budget, it's exposed. It goes into the gazette and everyone will be able to see what the rate is...the exchange rate is not waiting on the budget. The budget is waiting on the exchange rate and now we see the budget ready to be released for the 3rd reading.
1-20-2021 Newshound/Intel Gurus Walkingstick and Frank26 They finished. They found the sweet spot. They collected enough of the three zeros. We believe over 40 trillion extra. They are very happy with what they have as far as their numbers - the counts of the notes...we sense a rush to this process...they'll meet this coming Saturday. They're putting together the poster-boards to show to the citizens...This coming Saturday they are making their final decisions...
1-20-2021 Intel Guru Bruce [via WiserNow] We were under the impression that Iraq had read their budget...our understanding is they did read the budget 3 times ...We did not get confirmed whether that made it into the “official” record or it may have made it into the official record and just held back so we did not see it - because if we had seen it - it would release the actual value of the Iraqi Dinar ... it looks like the budget was passed – it looks like they have a new rate - was supposed to go up on Sunday night to be traded internationally – I cannot tell you absolutely that happened...
1-20-2021 Newshound/Intel Guru Mnt Goat Article: "AFTER THE ECONOMIC CONSEQUENCES...THE DEVALUATION OF THE DINAR "PREPARES" FOR NEW PROBLEMS FOR THE IRAQIS" Quote: "IT FORMED A NEGATIVE IMPRESSION ON THE INVESTMENT SECTOR, so that IRAQ HAS BECOME A REPELLENT ENVIRONMENT FOR FOREIGN INVESTMENT." ...this article tells me they must raise the rate of the dinar against the dollar very soon or they will never rebuild their economy. We know the main reason they did this was to pay off their outstanding debt...
1-20-2021 Intel Guru MarkZ [via PDK] [Did you hear Issac news on RV front? Any day now...I hear we should look to this weekend.] That is very possible…I have a number of people who say the US dollar will reset on Jan. 27th. This is including somebody in the finance ministry in Iraq who believes we will see the new values around the 27th.
1-20-2021 Newshound Guru Adam Montana We have some optimism on the Budget side, namely: Articles: "Barzani's party affirms guaranteeing Kurdistan's share of the budget: "No obstacles" so far"; "Parliamentary Finance: The budget will be ready next week" If the Kurds weren't happy with their share, there would be a problem with HCL. This says the opposite - all in agreement, ready to go next week, and that says to me: Let's go HCL! ...GO RRRRVVVVV!!!
1-20-2021 Newshound/Intel Guru Mnt Goat ...they already told us in many previous articles that they have already collected substantial amounts of the currency and that electronic banking is now effective in every major city. We also know that limited amounts of the newer lower denominations are in fact already printed. ...do not give up on the reinstatement of the Iraqi dinar. It will be reinstated when the corruption both in Iraq and in the US is dealt with and things settle down...
1-20-2021 Newshound/Intel Gurus Walkingstick and Frank26 IOO they are finished with the tally. They are finished collecting the 3 zeros and they are happy with the results. The CBI is very pleased with the note count...this Saturday coming up they will continue to meet...It is our opinion that they are now going to talk about the new small category notes [NSCNs]...the topics they're covering are - how they are going to present it to the public. Which ones because they may not come out with all the categories/denominations at the beginning. The value. In other words the exchange rate. The note count that is to be distributed - how much are we going to be putting out into the streets. They will continue the distribution of these notes even as they bring in the 3 zero notes before, during and after this whole process. There seems to be a mad rush to do this. We believe they brought in another 40 Trillion 3 zero notes.
1-20-2021 Intel Guru Frank26 the budget itself is about to come out. Now, if they come out with the budget, it's exposed. It goes into the gazette and everyone will be able to see what the rate is...the exchange rate is not waiting on the budget. The budget is waiting on the exchange rate and now we see the budget ready to be released for the 3rd reading.
1-18-2021 Intel Guru Footforward Right now there isn't a ton of RV info to talk about. Iraq is basically going in circles and I suspect they will keep doing so until Iran is delt with...They aren't holding because of Iran...But there is something that needs to be broken with Iran.
1-18-2021 Intel Guru MarkZ [via PDK] There is plenty of chatter coming out of Iraq on auctions, bills, the change of value…they plan to revalue and release the lower denomination bills buying up the higher denomination bills off the streets. …Very good stuff coming out of Iraq. Some of our military sources are getting excited because they are also dinar holders. They are anticipating a change in value shortly. Days to weeks…that is what they are expecting at this point...IMO everything is watching to see how this week unfolds.
1-18-2021 Intel Guru MarkZ [via PDK] There is plenty of chatter coming out of Iraq on auctions, bills, the change of value…they plan to revalue and release the lower denomination bills buying up the higher denomination bills off the streets. …Very good stuff coming out of Iraq. Some of our military sources are getting excited because they are also dinar holders. They are anticipating a change in value shortly. Days to weeks…that is what they are expecting at this point...IMO everything is watching to see how this week unfolds.
1-19-2021 Newshound Guru MilitiaMan They want to Track...The Money...And the supplies...And the corruption. Level playing field...the private sector is what they are talking about...businesses from all over the place. To get the private sector they need an internationally accepted traded currency. They have to have article 8 compliance. They have to raise the value of their currency. And that is what they are talking about...
1-19-2021 Newshound/Intel Guru Walkingstick [via Clare] "THIS SAT THEY WILL DISCUSS THE NSCN'S: HOW THEY WILL PRESENT IT TO THE PUBLIC...WHICH NSCN'S WILL BE RELEASED...THE VALUE AND THE NOTE COUNT TO BE DISTRIBUTED...AND THERE SEEMS TO BE A MAD RUSH TO DO THIS".
1-19-2021 Intel Guru Frank26 They finished with the tally. You know what the tally is right? To see how many zeros they brought in...it was successful collecting the 3 zeros CBI? Yes it was. 'And you guys are pretty bummed out that you had to lower the rate to bring in those three zeros...it's going to work with the citizens but now you're telling them you're going to raise it again right?' Yes we are.
1-19-2021 Newshound Guru MilitiaMan Why did they kick the can with the budget for so long? ...there's got to be something more to it. Then I started to see patterns. And I started to see the timelines. Then I stared seeing the dates...when I saw they came out yesterday and told us they were going to wait and do it on the 24th...wow!
1-19-2021 Intel Guru MarkZ [via PDK] I am told probably the earliest we will have news on the RV front will be late tomorrow or Thursday as the dust starts to settle from whatever is going to happen...we do not know what to expect…..but it will be a show... [What happened to you saying we would be done by the 19th?] That is what I was told…maybe we are?... My same sources that told me they expected it to kick off on or before the 19th are still saying we are in that same window….within a day or two of it……some of these sources are military, many of them are in banking and some are elected officials in DC.
1-19-2021 Newshound Guru MilitiaMan It looks like...the reducing of the value of the local currency [Iraqi dinar]...wasn't a good move. The devaluation created more inflation. Pricing has gone up 30 to 50%. That's not only from the articles, that's what we're getting from people who actually are over there...Are they going to keep it at 1450 for another year? My personal opinion is they will implode...for them to pay taxes they are not going to be at 1450...It just does not make any sense to anybody that they would do that. What's more likely is that they change the rate again in early 2021...
1-19-2021 Newshound/Intel Guru Walkingstick [via Clare] "THIS SAT THEY WILL DISCUSS THE NSCN'S: HOW THEY WILL PRESENT IT TO THE PUBLIC...WHICH NSCN'S WILL BE RELEASED...THE VALUE AND THE NOTE COUNT TO BE DISTRIBUTED...AND THERE SEEMS TO BE A MAD RUSH TO DO THIS".
1-19-2021 Intel Guru Frank26 They finished with the tally. You know what the tally is right? To see how many zeros they brought in...it was successful collecting the 3 zeros CBI? Yes it was. 'And you guys are pretty bummed out that you had to lower the rate to bring in those three zeros...it's going to work with the citizens but now you're telling them you're going to raise it again right?' Yes we are.
1-19-2021 Newshound Guru MilitiaMan Why did they kick the can with the budget for so long? ...there's got to be something more to it. Then I started to see patterns. And I started to see the timelines. Then I stared seeing the dates...when I saw they came out yesterday and told us they were going to wait and do it on the 24th...wow!
1-19-2021 Intel Guru MarkZ [via PDK] I am told probably the earliest we will have news on the RV front will be late tomorrow or Thursday as the dust starts to settle from whatever is going to happen...we do not know what to expect…..but it will be a show... [What happened to you saying we would be done by the 19th?] That is what I was told…maybe we are?... My same sources that told me they expected it to kick off on or before the 19th are still saying we are in that same window….within a day or two of it……some of these sources are military, many of them are in banking and some are elected officials in DC.
1-19-2021 Newshound Guru MilitiaMan It looks like...the reducing of the value of the local currency [Iraqi dinar]...wasn't a good move. The devaluation created more inflation. Pricing has gone up 30 to 50%. That's not only from the articles, that's what we're getting from people who actually are over there...Are they going to keep it at 1450 for another year? My personal opinion is they will implode...for them to pay taxes they are not going to be at 1450...It just does not make any sense to anybody that they would do that. What's more likely is that they change the rate again in early 2021...
1-17-2021 Intel Guru RayRen98 Iraqi TV reports that the Finance Minister has revealed that the 2021 Budget will be comprised of borrowing 63 trillion from internal banks and 23 trillion from external banks. The 63 trillion will be supplied by the new exchange rate, it will go FROM trillions down to billions, and the 23 will come from investors outside the country. Congratulations! Parliament is having a meeting TODAY to discuss setting the date to pass 2021 the budget law. FROM trillions down to billions is dropping the 3 zeros and increasing the "exchange rate" Wooooooo Hooooooo!
1-17-2021 Newshound Guru Pimpy Article: "The Foreign Ministry talks about its measures to remove Iraq from the list of money laundering" This is good. They need to get off this list. There's all kinds of sanction and penalties...with Iraq for being so corrupt over the last couple decades. They're really starting to get their ducks in a row...we want them off this list. That's a good thing.
1-17-2021 Newshound Guru Pimpy Article: "American diplomat James Jeffrey: Trump's model will continue in Iraq and Syria" This article is long but what it does it goes on to explain that the way Trump approached dealing with the Middle East obviously was nothing like prior administrations...he would go down to the ground level and speak directly to those who were boots on the ground and from there make his own decisions. It worked obviously.
1-17-2021 Newshound Guru MilitiaMan Article: "On Saturday, the House of Representatives ended discussion of the budget bill for 2021." Quote: "determining the price of a barrel of oil and currency exchange in the budget law are the government's prerogatives, indicating that The implementation of the budget law requires reducing the volume of total spending and activating the private sector, both industrial and agricultural," ...Activating the private sector. That my friends is imo going to a market economy, whereby, activating the industrial and agricultural sectors to create jobs. The real exchange rate will do the trick...
1-17-2021 Newshound Guru Pimpy Article: "The Foreign Ministry talks about its measures to remove Iraq from the list of money laundering" This is good. They need to get off this list. There's all kinds of sanction and penalties...with Iraq for being so corrupt over the last couple decades. They're really starting to get their ducks in a row...we want them off this list. That's a good thing.
1-17-2021 Newshound Guru Pimpy Article: "American diplomat James Jeffrey: Trump's model will continue in Iraq and Syria" This article is long but what it does it goes on to explain that the way Trump approached dealing with the Middle East obviously was nothing like prior administrations...he would go down to the ground level and speak directly to those who were boots on the ground and from there make his own decisions. It worked obviously.
1-17-2021 Newshound Guru MilitiaMan Article: "On Saturday, the House of Representatives ended discussion of the budget bill for 2021." Quote: "determining the price of a barrel of oil and currency exchange in the budget law are the government's prerogatives, indicating that The implementation of the budget law requires reducing the volume of total spending and activating the private sector, both industrial and agricultural," ...Activating the private sector. That my friends is imo going to a market economy, whereby, activating the industrial and agricultural sectors to create jobs. The real exchange rate will do the trick...
1-16-2021 Intel Guru RayRen98 It’s a great day and getting better. It started — Parliament resumed today discussing budget saying next week will vote and on tv saying Iraq in discussions with fractions to be removed from money laundering list...
1-16-2021 Newshound Guru MilitiaMan ...the articles of late...suggests that the recent devaluation is and was a very big mistake and one they are going to fix...The move didn't do anything good like they thought it would...Well, it is my opinion they were allowed to do that, as the experts knew it would have cause and effect. It is as though they allowed them to experience the negative effects and get to the bottom to see that pain from increased pricing. A taste of reality so to speak... Which would then show them that the right way is still on the table. That is imo to be the deletion of the three zeros. The reconstruction effort cannot be effective nor support Iraq in being competitive in the global market at 1190 let alone 1460 Dinar exchange rate. That will never happen.
1-16-2021 Intel Guru RayRen98 I'M RECEIVING REPORTS OF WEST COAST BANKS MAKING APPOINTMENTS FOR SATURDAY THROUGH TUESDAY...
1-16-2021 Intel Guru Bruce [via WiserNow] The latest information I have received today – and it was from very high up bank sources with our lead bank - not HSBC by the way - the lead bank on the east coast – and this is really good communication that’s pointing toward notifications for us most likely – although it’s possible Sunday – most likely Tuesday with exchanges either Tuesday or Wednesday...
1-16-2021 Newshound Guru Pimpy I knew this was coming...people are really happy about the Biden Administration coming in there. China is one. Russia is another. Iran is the other. Video "Iran to U.S - Lift sanctions immediately". Oh trust me they're dancing. The 3rd term of Obama administration - [Iran is saying] 'glory hallelujah. We're gonna get some money and nuclear bomb and we get to terrorize the whole Middle East.' So much for peace in the Middle East...There could be a benefit from this. And what is that benefit? ...Yes the Iranian Rial...as soon as those sanctions are lifted this really will help their economy out. It was crippled. It was just about dead. Trump had him up against the ropes. Now these people are going to give him a reprieve...No sanctions. Strong economy. Strong Rial...
1-16-2021 Newshound Guru MilitiaMan ...the articles of late...suggests that the recent devaluation is and was a very big mistake and one they are going to fix...The move didn't do anything good like they thought it would...Well, it is my opinion they were allowed to do that, as the experts knew it would have cause and effect. It is as though they allowed them to experience the negative effects and get to the bottom to see that pain from increased pricing. A taste of reality so to speak... Which would then show them that the right way is still on the table. That is imo to be the deletion of the three zeros. The reconstruction effort cannot be effective nor support Iraq in being competitive in the global market at 1190 let alone 1460 Dinar exchange rate. That will never happen.
1-16-2021 Intel Guru RayRen98 I'M RECEIVING REPORTS OF WEST COAST BANKS MAKING APPOINTMENTS FOR SATURDAY THROUGH TUESDAY...
1-16-2021 Intel Guru Bruce [via WiserNow] The latest information I have received today – and it was from very high up bank sources with our lead bank - not HSBC by the way - the lead bank on the east coast – and this is really good communication that’s pointing toward notifications for us most likely – although it’s possible Sunday – most likely Tuesday with exchanges either Tuesday or Wednesday...
1-16-2021 Newshound Guru Pimpy I knew this was coming...people are really happy about the Biden Administration coming in there. China is one. Russia is another. Iran is the other. Video "Iran to U.S - Lift sanctions immediately". Oh trust me they're dancing. The 3rd term of Obama administration - [Iran is saying] 'glory hallelujah. We're gonna get some money and nuclear bomb and we get to terrorize the whole Middle East.' So much for peace in the Middle East...There could be a benefit from this. And what is that benefit? ...Yes the Iranian Rial...as soon as those sanctions are lifted this really will help their economy out. It was crippled. It was just about dead. Trump had him up against the ropes. Now these people are going to give him a reprieve...No sanctions. Strong economy. Strong Rial...
1-15-2021 Intel Guru Bruce [via WiserNow] ...I think I have somewhat of a time line for us...We knew...(Wednesday) was supposed to be the day for the 3rd reading of the budget was accomplished ...the theory is in that 3rd reading is that they need 3 readings for any law to go through to be voted on – in Parliament - to let that law stand – and to be enacted...Now I do not know – It has not been confirmed to me whether that did occur yesterday – but the reason it is significant is because of the rate – for the budget to be accurate – the rate for the dinar needs to be in that budget...because we can “see” the rate – in their budget...Friday or Saturday – [FRIDAY] is the 15th or Saturday the 16th is when the Iraqi Dinar rate is supposed to be increased – or “changed”...I feel like the end is near - we can see the tape in the distance – hopefully only about 5 days off – so we’ll see let’s see what happens...
1-15-2021 Newshound/Intel Guru Mnt Goat STATUS OF REINSTATEMENT... There is not much to say about the reinstatement today. We know that when they pass the 2021 budget and then begin to spend it at a program rate, we will not see the reinstatement at the newly pegged rate as we have gone past the point of inclusion into the fiscal year of accounting. This is per Finance Committee and the Central Bank. Their words not mine.
1-15-2021 Guest Guru Texas Snake [via PDK] ...WF Banker was able to share that I can almost spit over the finish line...I am more comfortable that we are a go very shortly.
1-15-2021 Intel Guru MarkZ [via PDK] We are not seeing any changes of value in Asia, Iraq, the middle east…yet. But, keep the faith…we are awfully close.
1-15-2021 Newshound Guru Jeff ...It's probably been two or three weeks. This old article had talked about Iraq devaluing their currency from December 20th. It stressed that the currency devaluation had to be short-term because it negatively impacts their economy and it does spike their inflation. New Article: "Parliamentary finance resolves the controversy and reveals the fate of the dollar exchange rate in the budget" Quote: "the central bank is the only body that has the authority and is able to change or return the exchange rate." They're telling you that in this gentleman's opinions he believes they are going to increase the exchange rate or adjust it after the approval of the budget...they can't keep the currency devalued for too long. I told you it was a 90-day preparation step and that it basically gave you the revaluation date...
1-15-2021 Newshound Guru NORV [aka Kaperoni] You wasting your time if you think the dinar will RV. Never happen and Iraq is broke. They are devaluing the dinar, not raising the value. It could take years before Iraq passes the laws and creates a suitable investment climate that they could raise the value. Not to mention they have over 40 trillion dinar outside the banks in Iraq know as "chunky" money...
1-15-2021 Newshound/Intel Guru Mnt Goat STATUS OF REINSTATEMENT... There is not much to say about the reinstatement today. We know that when they pass the 2021 budget and then begin to spend it at a program rate, we will not see the reinstatement at the newly pegged rate as we have gone past the point of inclusion into the fiscal year of accounting. This is per Finance Committee and the Central Bank. Their words not mine.
1-15-2021 Guest Guru Texas Snake [via PDK] ...WF Banker was able to share that I can almost spit over the finish line...I am more comfortable that we are a go very shortly.
1-15-2021 Intel Guru MarkZ [via PDK] We are not seeing any changes of value in Asia, Iraq, the middle east…yet. But, keep the faith…we are awfully close.
1-15-2021 Newshound Guru Jeff ...It's probably been two or three weeks. This old article had talked about Iraq devaluing their currency from December 20th. It stressed that the currency devaluation had to be short-term because it negatively impacts their economy and it does spike their inflation. New Article: "Parliamentary finance resolves the controversy and reveals the fate of the dollar exchange rate in the budget" Quote: "the central bank is the only body that has the authority and is able to change or return the exchange rate." They're telling you that in this gentleman's opinions he believes they are going to increase the exchange rate or adjust it after the approval of the budget...they can't keep the currency devalued for too long. I told you it was a 90-day preparation step and that it basically gave you the revaluation date...
1-15-2021 Newshound Guru NORV [aka Kaperoni] You wasting your time if you think the dinar will RV. Never happen and Iraq is broke. They are devaluing the dinar, not raising the value. It could take years before Iraq passes the laws and creates a suitable investment climate that they could raise the value. Not to mention they have over 40 trillion dinar outside the banks in Iraq know as "chunky" money...
1-14-2021 Newshound Guru Jeff The U.S. elections have nothing to do with the rate change. I just want to stress that...Iraq has already achieved stability. They're now in forward motion to change the rate.
1-14-2021 Newshound/Intel Guru Mnt Goat Article: "OBLIGING BANKS TO LEND TO SMALL BUSINESSES" Quote: “allocate amounts of their liquidity of at least 50 percent as soft loans to build industry and agriculture, encourage the establishment of factories and factories”. Is this not what they have been attempting to do all along for years now. But they could not since the public did not want to deposit the dinars in the banks. So it appears the strategy of collecting the dinars has worked and the funds are now available to loan out. This will help kick-start the economy, something that is needed.
1-14-2021 Intel Guru MarkZ [via PDK] [It would be a great week for an RV] Yes it would. I am expecting a few quiet days then an action-packed weekend [Will we be seeing a Golden Egg soon?] I am hearing we are in the final days and things will be playing out quickly.
1-14-2021 Newshound Guru Pimpy Article: "Parliamentary finance resolves the controversy and reveals the fate of the dollar exchange rate in the budget" They keep talking about the exchange rate. You have one side of the puzzle piece saying they need to devalue...they need to figure out what to do to just get by...I do not anticipate it being devalued very long...sometime in the 2nd and 3rd quarter I anticipate we will start seeing in increments IMO the increase in the value of the Iraqi dinar...
1-14-2021 Newshound Guru Jeff One of the signs we were looking for to know we were getting close to the RV...we were looking for them to reduce the amount of U.S. dollars auctioned off off at the auctions. That has been achieved. Article: "By more than three quarters ...a "significant" decline in central bank sales" They used to auction off hundreds of millions as of this morning they've only auctioned off 3 million 250000 US dollars...we are looking very good.
1-14-2021 Intel Guru Frank26 That's number one. 2. They all of a sudden are talking about the budget. What about the budget? 'Well we're putting in a new rate in it based on the fact that oil prices have gone up.' 3. 'We promise citizens of Iraq we are going to do another exchange rate and this one is going to be higher. We promise you!" Well golly I mean talk about the U.S. dollar getting out of here. Running out of 3 zero notes. Talking about the budget being approved and it's got a new rate because of the oil prices and now they promised them on television, 'Hey Iraqi citizens we promise there's another rate change coming.' [Post 2 of 2]
1-14-2021 Intel Guru Frank26 We told you...they needed this past Friday and this coming Friday - these two weeks - to do a tally. To add up how many 3 zero notes they got in. I'd like to say to you they are done...What happened in the first week of January and the second week of January was for them to take account, a tally, and see if they reached the sweet spot...because they reached the sweet spot they all of a sudden come out and start to talk about the U.S. dollar going down tremendously in the auctions of the CBI...How many dollars were put through the auction yesterday and today? Nothing! That's exactly what we want to hear. [post 1 of 2....stay tuned]]
1-14-2021 Intel Guru Bruce [via WiserNow] There are things happening to prepare us for our ability to start – there may be one additional thing from the President that we’re looking for but I am not sure what it is...Some things have to play out – regarding President Trump – I know there is more to come from our President – I know that there are things that are planned and will manifest in the next week or so - The story is not over – let me put it that way – This story is not over yet – we are waiting – we are ready – most of us are really ready...
1-14-2021 Newshound/Intel Guru Mnt Goat Article: "OBLIGING BANKS TO LEND TO SMALL BUSINESSES" Quote: “allocate amounts of their liquidity of at least 50 percent as soft loans to build industry and agriculture, encourage the establishment of factories and factories”. Is this not what they have been attempting to do all along for years now. But they could not since the public did not want to deposit the dinars in the banks. So it appears the strategy of collecting the dinars has worked and the funds are now available to loan out. This will help kick-start the economy, something that is needed.
1-14-2021 Intel Guru MarkZ [via PDK] [It would be a great week for an RV] Yes it would. I am expecting a few quiet days then an action-packed weekend [Will we be seeing a Golden Egg soon?] I am hearing we are in the final days and things will be playing out quickly.
1-14-2021 Newshound Guru Pimpy Article: "Parliamentary finance resolves the controversy and reveals the fate of the dollar exchange rate in the budget" They keep talking about the exchange rate. You have one side of the puzzle piece saying they need to devalue...they need to figure out what to do to just get by...I do not anticipate it being devalued very long...sometime in the 2nd and 3rd quarter I anticipate we will start seeing in increments IMO the increase in the value of the Iraqi dinar...
1-14-2021 Newshound Guru Jeff One of the signs we were looking for to know we were getting close to the RV...we were looking for them to reduce the amount of U.S. dollars auctioned off off at the auctions. That has been achieved. Article: "By more than three quarters ...a "significant" decline in central bank sales" They used to auction off hundreds of millions as of this morning they've only auctioned off 3 million 250000 US dollars...we are looking very good.
1-14-2021 Intel Guru Frank26 That's number one. 2. They all of a sudden are talking about the budget. What about the budget? 'Well we're putting in a new rate in it based on the fact that oil prices have gone up.' 3. 'We promise citizens of Iraq we are going to do another exchange rate and this one is going to be higher. We promise you!" Well golly I mean talk about the U.S. dollar getting out of here. Running out of 3 zero notes. Talking about the budget being approved and it's got a new rate because of the oil prices and now they promised them on television, 'Hey Iraqi citizens we promise there's another rate change coming.' [Post 2 of 2]
1-14-2021 Intel Guru Frank26 We told you...they needed this past Friday and this coming Friday - these two weeks - to do a tally. To add up how many 3 zero notes they got in. I'd like to say to you they are done...What happened in the first week of January and the second week of January was for them to take account, a tally, and see if they reached the sweet spot...because they reached the sweet spot they all of a sudden come out and start to talk about the U.S. dollar going down tremendously in the auctions of the CBI...How many dollars were put through the auction yesterday and today? Nothing! That's exactly what we want to hear. [post 1 of 2....stay tuned]]
1-14-2021 Intel Guru Bruce [via WiserNow] There are things happening to prepare us for our ability to start – there may be one additional thing from the President that we’re looking for but I am not sure what it is...Some things have to play out – regarding President Trump – I know there is more to come from our President – I know that there are things that are planned and will manifest in the next week or so - The story is not over – let me put it that way – This story is not over yet – we are waiting – we are ready – most of us are really ready...
1-13-2021 Newshound Guru MilitiaMan Article "Parliamentary Committee: The statements of the Ministry of Finance confused the Iraqi market" Sure it confuses the market. They were not all ready for the devaluation. They were told in an article by the US Federal Reserve Bank that countries can and do devalue and revalue. Which apparently is about to happen in Iraq's case too. I have a feeling that the accuracy of the numbers in the 2021 are the focus and the manner in which they approach it today, could be a pivotal time frame. Today is the last day for reporting of a change if applicable with the UN. Not that is a smoking gun at all, just it is a reporting time frame. imo They have been hard at the budget for many consecutive days. The numbers after the second reading are very key.. imo.. Lets see what they do next. ~ MM
1-13-2021 Intel Guru MarkZ [via PDK] [Any news on the rate of the Dong?] I am still hearing around .47 cents for a street rate and low $2’s for the contract rate. I hear it will hit as a street rate in-country to suck up currency off the street…then will quickly be allowed to rise to a re-instatement level…which is the low $2’s…this is what I am hearing. I hope it is accurate.
1-13-2021 Newshound Guru Adam Montana Iraqi Dinar - we are looking so good here. There is nothing going on that has me even the slightest bit concerned, in fact! The way things are going, we could see an RV early this year. Things to watch for are HCL... The Iraqi Dinar is almost a sure thing, if you understand it... I'm done for now! Be happy, be safe, and GO RRRVVVV!!!
1-13-2021 Intel Guru Bruce [via WiserNow] Now we are in a position – talking about intel that – I don’t know how to describe it – but it is as if we’re in a state of calm before the storm...We’re waiting – we’re in position – from the perspective of the redemption centers – they are pretty much set on “go” ...I really think that we’re in a position right now where something could happen very soon – but I do not know exactly when... I am excited about where we are...
1-13-2021 Intel Guru Frank26 Article: "Iraqi Finance announces new developments in the dinar exchange rate". You guys are going to do it again [change the exchange rate] but this time do it in a positive direction? Quote: "The Ministry of Finance promised on Friday to make an amendment to the exchange rate of the foreign currency against the Iraqi dinar" ...this is when you say praise God.
1-13-2021 Intel Guru MarkZ [via PDK] I still feel very confident that they are pushing forward with the reset. My folks in Iraq are very confident that we are going to get 1 of 2 things…either a 1 to 1 rate or a complete reinstatement. That is still the prevalent thought. Iraq has been told officially in their news to expect a change in the rate of the dinar in their favor. I think that is a very positive note for us.
1-13-2021 Intel Guru Frank26 We are on schedule. I have a strong feeling we're gong to see the new exchange are in about 10 days. All in my opinion.
1-13-2021 Newshound/Intel Guru Mnt Goat Article: "DELETING 3 ZEROS OR PRINTING 100 DINARS DENOMINATION...EXPERTS DETERMINE THE BEST TO REDUCE THE REPERCUSSIONS OF CHANGING THE EXCHANGE RATE - URGENT" They are debating now whether to do the project to delete the zeros. This is now clearer than ever.
1-13-2021 Intel Guru MarkZ [via PDK] [Any news on the rate of the Dong?] I am still hearing around .47 cents for a street rate and low $2’s for the contract rate. I hear it will hit as a street rate in-country to suck up currency off the street…then will quickly be allowed to rise to a re-instatement level…which is the low $2’s…this is what I am hearing. I hope it is accurate.
1-13-2021 Newshound Guru Adam Montana Iraqi Dinar - we are looking so good here. There is nothing going on that has me even the slightest bit concerned, in fact! The way things are going, we could see an RV early this year. Things to watch for are HCL... The Iraqi Dinar is almost a sure thing, if you understand it... I'm done for now! Be happy, be safe, and GO RRRVVVV!!!
1-13-2021 Intel Guru Bruce [via WiserNow] Now we are in a position – talking about intel that – I don’t know how to describe it – but it is as if we’re in a state of calm before the storm...We’re waiting – we’re in position – from the perspective of the redemption centers – they are pretty much set on “go” ...I really think that we’re in a position right now where something could happen very soon – but I do not know exactly when... I am excited about where we are...
1-13-2021 Intel Guru Frank26 Article: "Iraqi Finance announces new developments in the dinar exchange rate". You guys are going to do it again [change the exchange rate] but this time do it in a positive direction? Quote: "The Ministry of Finance promised on Friday to make an amendment to the exchange rate of the foreign currency against the Iraqi dinar" ...this is when you say praise God.
1-13-2021 Intel Guru MarkZ [via PDK] I still feel very confident that they are pushing forward with the reset. My folks in Iraq are very confident that we are going to get 1 of 2 things…either a 1 to 1 rate or a complete reinstatement. That is still the prevalent thought. Iraq has been told officially in their news to expect a change in the rate of the dinar in their favor. I think that is a very positive note for us.
1-13-2021 Intel Guru Frank26 We are on schedule. I have a strong feeling we're gong to see the new exchange are in about 10 days. All in my opinion.
1-13-2021 Newshound/Intel Guru Mnt Goat Article: "DELETING 3 ZEROS OR PRINTING 100 DINARS DENOMINATION...EXPERTS DETERMINE THE BEST TO REDUCE THE REPERCUSSIONS OF CHANGING THE EXCHANGE RATE - URGENT" They are debating now whether to do the project to delete the zeros. This is now clearer than ever.
1-12-2021 Intel Guru MarkZ [via PDK] [If the RV starts can Biden stop it?] Not as I understand it…I was told that once the process in initiated…there is no going back.
1-12-2021 Intel Guru RayRen98 ...THE 3RD [BUDGET] READING WILL BE SOONER THAN YOU THINK...WATCH AND SEE...
1-12-2021 Newshound/Intel Guru Mnt Goat Article: "WORLD BANK: IRAQ'S GDP TO RISE TO MORE THAN 7% IN 2022" I quote from the article; “Iraq's GDP is expected to rise to 2% in 2021 and 7.3% in 2022”. Really? How will they do this when they can’t even exchange the dinar currency globally and get global investors or be on the trading platforms? Enough said!
1-12-2021 Intel Guru MarkZ [via PDK] [So, where is the RV?] I am not in control as to when it occurs…if I was-we would have had it some time ago. We are certainly close to a forced reset. ...We will see the reset…it will occur...it is a “when” not an “if”...I am being told but almost everybody that is involved with the redemption process that they expect the reset on or before Jan. 19th…they don’t expect it to be done by then…but it will be started by then.
1-12-2021 Newshound/Intel Guru Mnt Goat ...If you are watching the news from Iraq you would have learned that they have just completed the second of three needed readings on the 2021 budget. Will I stake my reputation that the RV will happen shortly after the budget is passed? No! But I will say that we still have time since it is not yet opened. When it does, we literally have just days before we lose our window of opportunity for the reinstatement to happen...
1-12-2021 Intel Guru Frank26 Article: "New financial statement on the adjustment of the dollar exchange rate" ...they are adjusting the budget...Jiminy Crickets you guys are telling the citizens of Iraq that you guys are going to make an adjustment again but this time in the positive direction. It's not going to be decreasing it, you're going to be increasing it. Article Quote: "changing the dollar exchange rate is the most prominent of the amendments that will occur to the Federal Budget Law". They are taking the budget and putting in the new exchange rate. They are not going to put in the one they used to bring in the 3 zeros. Understand? Good.
1-12-2021 Intel Guru RayRen98 ...THE 3RD [BUDGET] READING WILL BE SOONER THAN YOU THINK...WATCH AND SEE...
1-12-2021 Newshound/Intel Guru Mnt Goat Article: "WORLD BANK: IRAQ'S GDP TO RISE TO MORE THAN 7% IN 2022" I quote from the article; “Iraq's GDP is expected to rise to 2% in 2021 and 7.3% in 2022”. Really? How will they do this when they can’t even exchange the dinar currency globally and get global investors or be on the trading platforms? Enough said!
1-12-2021 Intel Guru MarkZ [via PDK] [So, where is the RV?] I am not in control as to when it occurs…if I was-we would have had it some time ago. We are certainly close to a forced reset. ...We will see the reset…it will occur...it is a “when” not an “if”...I am being told but almost everybody that is involved with the redemption process that they expect the reset on or before Jan. 19th…they don’t expect it to be done by then…but it will be started by then.
1-12-2021 Newshound/Intel Guru Mnt Goat ...If you are watching the news from Iraq you would have learned that they have just completed the second of three needed readings on the 2021 budget. Will I stake my reputation that the RV will happen shortly after the budget is passed? No! But I will say that we still have time since it is not yet opened. When it does, we literally have just days before we lose our window of opportunity for the reinstatement to happen...
1-12-2021 Intel Guru Frank26 Article: "New financial statement on the adjustment of the dollar exchange rate" ...they are adjusting the budget...Jiminy Crickets you guys are telling the citizens of Iraq that you guys are going to make an adjustment again but this time in the positive direction. It's not going to be decreasing it, you're going to be increasing it. Article Quote: "changing the dollar exchange rate is the most prominent of the amendments that will occur to the Federal Budget Law". They are taking the budget and putting in the new exchange rate. They are not going to put in the one they used to bring in the 3 zeros. Understand? Good.
1-11-2021 Newshound Guru Kaperoni A few articles out tonight about the dinar possibly dropping to 2,000 to $1.
1-11-2021 Intel Guru Frank26 THEY PROMISED CITIZENS ANOTHER EXCHANGE RATE.
1-11-2021 Intel Guru MarkZ [via PDK] Nearly every single one of my sources are looking for the reset by the 19th….no later than the 19th. They believe it’s now or never...I am hearing this from all over. To expect it sometime in the next 8 days.
1-11-2021 Newshound Guru Jeff Iraq really doesn't have a lot left to do... devaluing the currency was at the request of the World bank and the IMF. It was a preparation step for them to reduce the physical note count in the county of Iraq and they are also injecting US dollars at this time. That way when the rate does change the citizens will have to turn in their US dollars in exchange for dinar. This is just steps for when the rate does change. Right now you are in the season for the rate change...
1-11-2021 Intel Guru Frank26 THEY PROMISED CITIZENS ANOTHER EXCHANGE RATE.
1-11-2021 Intel Guru MarkZ [via PDK] Nearly every single one of my sources are looking for the reset by the 19th….no later than the 19th. They believe it’s now or never...I am hearing this from all over. To expect it sometime in the next 8 days.
1-11-2021 Newshound Guru Jeff Iraq really doesn't have a lot left to do... devaluing the currency was at the request of the World bank and the IMF. It was a preparation step for them to reduce the physical note count in the county of Iraq and they are also injecting US dollars at this time. That way when the rate does change the citizens will have to turn in their US dollars in exchange for dinar. This is just steps for when the rate does change. Right now you are in the season for the rate change...
1-10-2021 Newshound Guru MilitiaMan Article: "Parliament opens a "direct channel" with the government to amend the budget" Quote: “especially with regard to the chapters that result in deleting and increasing funds." Well deleting zeros is to increase funds is it not? ...IMO it is...
1-10-2021 Newshound Guru Jeff they already did the first reading of the 2021 budget yesterday -Saturday...
1-10-2021 Newshound Guru Pimpy Article: "For the second day, the dollar continues to decline against the dinar in Baghdad and Erbil" It's not just an IR or RV you should be counting on. There are other things that can happen to help increase the value of the dinar. That doesn't mean an IR or RV is not going to happen. I never said that. I'm saying there are other things that can help the situation out. And one of those things are what? The purchasing power of the US dollar falling. In other words it's losing its value. There are articles galore saying the dollar is taking a hit. It should not be a surprise we are expecting this sucker to take a hit big time...the Iraqi dinar will go up in value against the U.S. dollar...
1-10-2021 Newshound Guru MilitiaMan Article quote: "She hopes that these procedures will coincide with discussions within the House of Representatives on the budget, and it should be noted that the main policy measures to protect the poor and the vulnerable have been included in the budget and discussed in the minister's statement regarding the budget." To protect the citizens is to delete the zeros!! imo This is HUGE.. Wow.
1-10-2021 Newshound Guru Jeff they already did the first reading of the 2021 budget yesterday -Saturday...
1-10-2021 Newshound Guru Pimpy Article: "For the second day, the dollar continues to decline against the dinar in Baghdad and Erbil" It's not just an IR or RV you should be counting on. There are other things that can happen to help increase the value of the dinar. That doesn't mean an IR or RV is not going to happen. I never said that. I'm saying there are other things that can help the situation out. And one of those things are what? The purchasing power of the US dollar falling. In other words it's losing its value. There are articles galore saying the dollar is taking a hit. It should not be a surprise we are expecting this sucker to take a hit big time...the Iraqi dinar will go up in value against the U.S. dollar...
1-10-2021 Newshound Guru MilitiaMan Article quote: "She hopes that these procedures will coincide with discussions within the House of Representatives on the budget, and it should be noted that the main policy measures to protect the poor and the vulnerable have been included in the budget and discussed in the minister's statement regarding the budget." To protect the citizens is to delete the zeros!! imo This is HUGE.. Wow.
1-9-2021 Newshound Guru MilitiaMan "Agenda for the parliament session next Monday" Quote" "The House of Representatives announced, on Saturday, the agenda for its session scheduled for .next Monday, at 3 pm The agenda included 9 paragraphs, including the completion of the second reading of the 2021 Budget Law" ...They told us they had 72 hours for to be ready for the second reading of the 2021 budget. Well they have sped that up to Monday, 24 hours. They need to do a positive change to the exchange rate at the same time of the HOR meeting or real close to it. ioo Looking very good, very! imo.
1-9-2021 Intel Guru RayRen98 PARLIAMENT IS IN SESSION TODAY...
READING THE BUDGET. TIME WILL TELL.
1-9-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI: STOP BIDS AT THE EXPENSE OF IRAQ" Quotes: "The Prime Minister, Mustafa Al-Kazemi, spoke on Saturday ABOUT THE LAST OPPORTUNITY TO ADVANCE THE COUNTRY,"; "...WE CARRIED OUT REFORMS AND PREPARED A WHITE PAPER CAPABLE OF FACING THIS CRISIS AND THE COMING CRISES, AND WE WILL NOT ALLOW THE COLLAPSE OF IRAQ OR ITS BANKRUPTCY..."; "THE YEAR 2021 IS THE YEAR (THE IRAQI ACHIEVEMENT). WE WILL ALL REACH THIS ACHIEVEMENT QUICKLY AND EFFICIENTLY, AND THE STATE WILL PREVAIL. IRAQ WILL TRIUMPH OVER ALL CHALLENGES." I have said this before that this is Iraqi’s last chance for the needed reforms. There will be no other opportunities. Heh, didn’t they tell us recently that they planned on a 5% GDP in 2021?
1-9-2021 Newshound Guru MilitiaMan Article: "Iraqi Finance announces new developments in the dinar exchange rate" They say this is a new development in the dinar exchange rate. Well, fairly sure we can see that this was a part of the plan for some time and they are rolling out that plan...They used the Devaluation on purpose, imo, knowing that there would be effects both of which served a purpose to stimulate the citizens to bring in additional 3 zero notes, citizens feeling that if they devalue again to 1660 they would lose even more purchasing power. ...Regardless the plan was to be short lived and it appears to be the case now As, we see the Finance Minister has promised today to make an amendment to the exchange rate for positive effects and with supportive measures...It sure looks like the process was to devalue ahead of the revaluation to come as part of the plan has legs. The US Fed told us they can Devalue and Revalue and it appears to be holding true.
1-9-2021 Intel Guru RayRen98 PARLIAMENT IS IN SESSION TODAY...
READING THE BUDGET. TIME WILL TELL.
1-9-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI: STOP BIDS AT THE EXPENSE OF IRAQ" Quotes: "The Prime Minister, Mustafa Al-Kazemi, spoke on Saturday ABOUT THE LAST OPPORTUNITY TO ADVANCE THE COUNTRY,"; "...WE CARRIED OUT REFORMS AND PREPARED A WHITE PAPER CAPABLE OF FACING THIS CRISIS AND THE COMING CRISES, AND WE WILL NOT ALLOW THE COLLAPSE OF IRAQ OR ITS BANKRUPTCY..."; "THE YEAR 2021 IS THE YEAR (THE IRAQI ACHIEVEMENT). WE WILL ALL REACH THIS ACHIEVEMENT QUICKLY AND EFFICIENTLY, AND THE STATE WILL PREVAIL. IRAQ WILL TRIUMPH OVER ALL CHALLENGES." I have said this before that this is Iraqi’s last chance for the needed reforms. There will be no other opportunities. Heh, didn’t they tell us recently that they planned on a 5% GDP in 2021?
1-9-2021 Newshound Guru MilitiaMan Article: "Iraqi Finance announces new developments in the dinar exchange rate" They say this is a new development in the dinar exchange rate. Well, fairly sure we can see that this was a part of the plan for some time and they are rolling out that plan...They used the Devaluation on purpose, imo, knowing that there would be effects both of which served a purpose to stimulate the citizens to bring in additional 3 zero notes, citizens feeling that if they devalue again to 1660 they would lose even more purchasing power. ...Regardless the plan was to be short lived and it appears to be the case now As, we see the Finance Minister has promised today to make an amendment to the exchange rate for positive effects and with supportive measures...It sure looks like the process was to devalue ahead of the revaluation to come as part of the plan has legs. The US Fed told us they can Devalue and Revalue and it appears to be holding true.
1-8-2021 Intel Guru Bruce [via WiserNow] ...initially we thought Tuesday /Wednesday – of this week – for notifications – Now we’re hearing more like Saturday for notifications – maybe getting notifications to us Saturday and starting Saturday...Or…we could get pushed to early next week – we have heard both things from a couple different sources – and we know that this is what we are looking for – we’re looking to be notified and to get started...
1-8-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQI BANKS HAVE UNDERTAKEN REFORMS, COINCIDING WITH THE IRAQI GOVERNMENT’S MEASURES TO REFORM THE ECONOMY." Quote: "The Central Bank of Iraq announced in a statement Dec. 19 the devaluation of the Iraqi dinar to 1,450 to help reduce the country’s fiscal deficit in the state budget for 2021 from 70 trillion to nearly 30 trillion dinars." so once again here it is in black and white in the news...It is what I have told you as to one of the reasons why the devaluation of the dinar...
1-8-2021 Intel Guru MarkZ [via PDK] There are still a lot of people in place... things are moving forward and that advanced timetable for the reset would be true. I am getting very encouraging news from almost all of the redemption areas/cities. From Hong Kong, Asia, the middle east, Dubai. The chatter is very high right now and this is a good thing. Nobody will know the exact timing and we need to watch it play out. So once again we are at “hope” and sitting at the edge of our seats.
1-8-2021 Newshound/Intel Guru Mnt Goat Article: "THE DOLLAR IS DROPPING IN IRAQ" ...the CBI monetary strategy is working…
1-8-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQI BANKS HAVE UNDERTAKEN REFORMS, COINCIDING WITH THE IRAQI GOVERNMENT’S MEASURES TO REFORM THE ECONOMY." Quote: "The Central Bank of Iraq announced in a statement Dec. 19 the devaluation of the Iraqi dinar to 1,450 to help reduce the country’s fiscal deficit in the state budget for 2021 from 70 trillion to nearly 30 trillion dinars." so once again here it is in black and white in the news...It is what I have told you as to one of the reasons why the devaluation of the dinar...
1-8-2021 Intel Guru MarkZ [via PDK] There are still a lot of people in place... things are moving forward and that advanced timetable for the reset would be true. I am getting very encouraging news from almost all of the redemption areas/cities. From Hong Kong, Asia, the middle east, Dubai. The chatter is very high right now and this is a good thing. Nobody will know the exact timing and we need to watch it play out. So once again we are at “hope” and sitting at the edge of our seats.
1-8-2021 Newshound/Intel Guru Mnt Goat Article: "THE DOLLAR IS DROPPING IN IRAQ" ...the CBI monetary strategy is working…
1-7-2021 Newshound/Intel Guru Mnt Goat ...we know the CBI has devalued the dinar for multiple reasons. They are attempting to prepare for the next step. They know the US election is coming to an end. The timing could not be more perfect. It is the start of their new fiscal year and this is the best, most opportune time to reinstate the currency. They have told us this many times.
1-7-2021 Newshound Guru Kaperoni ...Iraq is moving forward with the new official exchange rate at 1460 currently. The only way the dinar can go up in value is with the success of the economy.
1-7-2021 Newshound/Intel Guru Mnt Goat ...the CBI is not going to initiate the “project to delete the zeros” until they know they can continue with the process all the way to completion up to the reinstatement including the new IMF basket. They cannot issue lower denominations without a guarantee that the reinstatement at a higher rate will happen, otherwise these notes will be totally worthless and Iraq would jeopardize the economy of Iraq even a worse situation...
1-7-2021 Intel Guru MarkZ [via PDK] Nearly all the news right now that I am hearing is pretty positive. The information is hitting that the timetable has been advanced to get the reset done before the 20th. I am hearing from all my financial people that it is a mad scramble to get the reset out the door. I am not hearing anything specific on...dollar values on the currencies…just that we are expected to see a much expediated timetable to get the reset done.
1-7-2021 Intel Guru Frank26 ...Iraq has an international rate outside of their country at 1190 to take advantage of their deals. But inside domestically there's a 1 to 1 rate deal they made with the IMF. 1450 was for investment purposes and to help pay the salaries at a lesser cost...Brilliant. 1450 is going to leave IMO in 2 weeks or less because there is another change to their rate coming and this one will add purchasing power to their currency at a 1 to 1 level.
1-7-2021 Intel Guru Bruce [via WiserNow] ...information that we’ve had... information talking about us...receiving notifications and one particular transmission had us receiving notification on Thursday...that goes in line and corresponds with another banks interpretation of our timing...We could get notified Thursday and start Friday...it would not surprise me if we were notified Thursday morning and got started and appointments set - and started on that day – so we’re just going to have to wait it out and see...We know that Iraq is ready to go and not waiting much longer...I cannot really get into the rates – they are changing – constantly updated – and traded – and something we’re going to know when we get in there...So hang in there – be patient...
1-7-2021 Newshound/Intel Gurus Walkingstick & Frank26 If we progressively see the auction numbers continue to fall that's another confirmation that the American dollar is about to leave the Iraqi market and very soon to be replaced with a new... denomination and a new exchange rate for these new small category notes. It's that simple. It's not complicated. It's on course.
1-7-2021 Newshound Guru Kaperoni ...Iraq is moving forward with the new official exchange rate at 1460 currently. The only way the dinar can go up in value is with the success of the economy.
1-7-2021 Newshound/Intel Guru Mnt Goat ...the CBI is not going to initiate the “project to delete the zeros” until they know they can continue with the process all the way to completion up to the reinstatement including the new IMF basket. They cannot issue lower denominations without a guarantee that the reinstatement at a higher rate will happen, otherwise these notes will be totally worthless and Iraq would jeopardize the economy of Iraq even a worse situation...
1-7-2021 Intel Guru MarkZ [via PDK] Nearly all the news right now that I am hearing is pretty positive. The information is hitting that the timetable has been advanced to get the reset done before the 20th. I am hearing from all my financial people that it is a mad scramble to get the reset out the door. I am not hearing anything specific on...dollar values on the currencies…just that we are expected to see a much expediated timetable to get the reset done.
1-7-2021 Intel Guru Frank26 ...Iraq has an international rate outside of their country at 1190 to take advantage of their deals. But inside domestically there's a 1 to 1 rate deal they made with the IMF. 1450 was for investment purposes and to help pay the salaries at a lesser cost...Brilliant. 1450 is going to leave IMO in 2 weeks or less because there is another change to their rate coming and this one will add purchasing power to their currency at a 1 to 1 level.
1-7-2021 Intel Guru Bruce [via WiserNow] ...information that we’ve had... information talking about us...receiving notifications and one particular transmission had us receiving notification on Thursday...that goes in line and corresponds with another banks interpretation of our timing...We could get notified Thursday and start Friday...it would not surprise me if we were notified Thursday morning and got started and appointments set - and started on that day – so we’re just going to have to wait it out and see...We know that Iraq is ready to go and not waiting much longer...I cannot really get into the rates – they are changing – constantly updated – and traded – and something we’re going to know when we get in there...So hang in there – be patient...
1-7-2021 Newshound/Intel Gurus Walkingstick & Frank26 If we progressively see the auction numbers continue to fall that's another confirmation that the American dollar is about to leave the Iraqi market and very soon to be replaced with a new... denomination and a new exchange rate for these new small category notes. It's that simple. It's not complicated. It's on course.
1-6-2021 Intel Guru MarkZ ...one of the prevailing stories out there is we may see Iraq go as a 1 to 1…and then late Feb/early March we may see the actual reset for a lower overall value then we had expected…but that we will still see a reset. I am getting this story from several sources…that if today does not go well…we may see Iraq move to a 1 to 1 rate. I have heard this from the third week in December but do not know how much credence to give it.
1-6-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI: STOP BIDS AT THE EXPENSE OF IRAQ " Quote: "THE YEAR 2021 IS THE YEAR (THE IRAQI ACHIEVEMENT). WE WILL ALL REACH THIS ACHIEVEMENT QUICKLY AND EFFICIENTLY, AND THE STATE WILL PREVAIL. IRAQ WILL TRIUMPH OVER ALL CHALLENGES." I have said this before that this is Iraqi’s last chance for the needed reforms. There will be no other opportunities. Heh, didn’t they tell us recently that they planned on a 5% GDP in 2021?
1-6-2021 Intel/Newshound Guru Frank26 Article "Blue and green .. Two types of dollars in Iraq .. Explanation for the "mystery" of low market prices compared to the official pricing .. Which number will be proven?" The auctions are dropping. The American dollar is being flooded. The three zeros are disappearing - They're looking for that sweet spot...these two colors are playing a very large part in the monetary reform of the Iraqi dinar...it is extremely easier to remove the USD from the markets of Iraq than it is to remove the three zero notes from the markets of Iraq...more information will start to flow now and probably towards the end of this week...it will start to flow about these two colors...this is another good sign...the stuff they're doing right now is simply brilliant. Greenbacks huh? I like the blue ones {wink}...
1-6-2021 Newshound Guru Adam Montana We don't have any guest speakers, we're not giving away ginsu knives, but we do have a great chance of "YOU GET AN HCL! YOU GET AN HCL! EVERYONE GETS AN HCL!!!" in the near future! GOOOO RRRRVVVVV!!!
1-6-2021 Newshound/Intel Gurus Walkingstick & Frank26 The [Iraqi] tellers - that's where we are at. They are already trained. They already know what it looks like. They know how to distribute and answer questions. The more you see the American dollar disappear in the next two weeks the better position the new small category notes will be to finally come out...we feel the monetary reform is on course...
1-6-2021 Intel Guru MarkZ [via PDK] We did see some interesting things in the financial world. We are seeing changes of value of the dinar compared to the Vietnamese dong. We did see in options in Iraq that they are pulling almost every US dollar off of the street. This tells you they are close to changing their value …swinging the value up because they are literally getting the US dollars off of the streets in the options.
1-6-2021 Intel Guru Frank26 What you have seen the last few days is the pumping of more Iraqi dinars into the market of Iraq. It would have been really bad news if we would have seen that they were dumping more 3-zero notes...that would have been a disaster...Because then you would have a time period to collect those 3-zeros...this is the goal...There's nothing more important than monetary reform right now. No longer Iran. No longer security and stability. It is now focused on citizens...By George it's working. They did not bump 3-zero notes back into the market...no. What they did was double up on their sales of the U.S.D sales of their auctions...
1-6-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQI BANKS HAVE UNDERTAKEN REFORMS, COINCIDING WITH THE IRAQI GOVERNMENT’S MEASURES TO REFORM THE ECONOMY." Quotes: "The Central Bank of Iraq announced in a statement Dec. 19 the devaluation of the Iraqi dinar to 1,450 to help reduce the country’s fiscal deficit in the state budget for 2021 from 70 trillion to nearly 30 trillion dinars."; "Simultaneously, Iraqi banks have undertaken additional measures to optimize the Iraqi economy. In the past weeks, government banks intensified calls for citizens to deposit their money in their bank branches instead of hoarding it at home." ...here it is in black and white in the news, in your face. It is what I have told you as to one of the reasons why the devaluation of the dinar. Do you believe me now what they are doing?
1-6-2021 Newshound/Intel Guru Petra All accounts and all budgets since 2017 are now current. We're talking about the 2017 FML, 2020 budget. What's in the the 2020 budget? The new rate. That's why we're so excited. All these pieces and parts are coming together...this is all coming together to a point and there's much more coming...
1-6-2021 Newshound/Intel Gurus Walkingstick & Frank26 Respect the first 2 weeks of January in order to expect a second change in the rate of the Iraqi dinar. But this time it will be higher. Not lower...they have pumped up the dollar into the markets of Iraq while collecting as many 3-zero notes as possible during this 1450 rate. They kill 2 birds with one stone. They collected the 3-zeros and they invested internationally at a rate that was more advantageous to them. Brilliant...
1-6-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI: STOP BIDS AT THE EXPENSE OF IRAQ " Quote: "THE YEAR 2021 IS THE YEAR (THE IRAQI ACHIEVEMENT). WE WILL ALL REACH THIS ACHIEVEMENT QUICKLY AND EFFICIENTLY, AND THE STATE WILL PREVAIL. IRAQ WILL TRIUMPH OVER ALL CHALLENGES." I have said this before that this is Iraqi’s last chance for the needed reforms. There will be no other opportunities. Heh, didn’t they tell us recently that they planned on a 5% GDP in 2021?
1-6-2021 Intel/Newshound Guru Frank26 Article "Blue and green .. Two types of dollars in Iraq .. Explanation for the "mystery" of low market prices compared to the official pricing .. Which number will be proven?" The auctions are dropping. The American dollar is being flooded. The three zeros are disappearing - They're looking for that sweet spot...these two colors are playing a very large part in the monetary reform of the Iraqi dinar...it is extremely easier to remove the USD from the markets of Iraq than it is to remove the three zero notes from the markets of Iraq...more information will start to flow now and probably towards the end of this week...it will start to flow about these two colors...this is another good sign...the stuff they're doing right now is simply brilliant. Greenbacks huh? I like the blue ones {wink}...
1-6-2021 Newshound Guru Adam Montana We don't have any guest speakers, we're not giving away ginsu knives, but we do have a great chance of "YOU GET AN HCL! YOU GET AN HCL! EVERYONE GETS AN HCL!!!" in the near future! GOOOO RRRRVVVVV!!!
1-6-2021 Newshound/Intel Gurus Walkingstick & Frank26 The [Iraqi] tellers - that's where we are at. They are already trained. They already know what it looks like. They know how to distribute and answer questions. The more you see the American dollar disappear in the next two weeks the better position the new small category notes will be to finally come out...we feel the monetary reform is on course...
1-6-2021 Intel Guru MarkZ [via PDK] We did see some interesting things in the financial world. We are seeing changes of value of the dinar compared to the Vietnamese dong. We did see in options in Iraq that they are pulling almost every US dollar off of the street. This tells you they are close to changing their value …swinging the value up because they are literally getting the US dollars off of the streets in the options.
1-6-2021 Intel Guru Frank26 What you have seen the last few days is the pumping of more Iraqi dinars into the market of Iraq. It would have been really bad news if we would have seen that they were dumping more 3-zero notes...that would have been a disaster...Because then you would have a time period to collect those 3-zeros...this is the goal...There's nothing more important than monetary reform right now. No longer Iran. No longer security and stability. It is now focused on citizens...By George it's working. They did not bump 3-zero notes back into the market...no. What they did was double up on their sales of the U.S.D sales of their auctions...
1-6-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQI BANKS HAVE UNDERTAKEN REFORMS, COINCIDING WITH THE IRAQI GOVERNMENT’S MEASURES TO REFORM THE ECONOMY." Quotes: "The Central Bank of Iraq announced in a statement Dec. 19 the devaluation of the Iraqi dinar to 1,450 to help reduce the country’s fiscal deficit in the state budget for 2021 from 70 trillion to nearly 30 trillion dinars."; "Simultaneously, Iraqi banks have undertaken additional measures to optimize the Iraqi economy. In the past weeks, government banks intensified calls for citizens to deposit their money in their bank branches instead of hoarding it at home." ...here it is in black and white in the news, in your face. It is what I have told you as to one of the reasons why the devaluation of the dinar. Do you believe me now what they are doing?
1-6-2021 Newshound/Intel Guru Petra All accounts and all budgets since 2017 are now current. We're talking about the 2017 FML, 2020 budget. What's in the the 2020 budget? The new rate. That's why we're so excited. All these pieces and parts are coming together...this is all coming together to a point and there's much more coming...
1-6-2021 Newshound/Intel Gurus Walkingstick & Frank26 Respect the first 2 weeks of January in order to expect a second change in the rate of the Iraqi dinar. But this time it will be higher. Not lower...they have pumped up the dollar into the markets of Iraq while collecting as many 3-zero notes as possible during this 1450 rate. They kill 2 birds with one stone. They collected the 3-zeros and they invested internationally at a rate that was more advantageous to them. Brilliant...
1-5-2021 Newshound Guru Pimpy Article: "Central Bank: The launch of the "Buna" platform for intra-Arab payments". I'm gonna go ahead myself and make the assumption there's going to be a move to help strengthen the value of the Iraqi dinar. I like this when I saw this...Iraq is taking big steps to get back on track...This is good news...this is great news...I see they are going to include the dinar. This is what we want to see...this is a good step...a really good thing...Another major sign that the value of the dinar is going to go up...
1-5-2021 Intel Guru Frank26 What do you mean they lowered the price of the Iraqi dinar? Well they did. That's impossible, they said they were going to raise it. It's the China syndrome. China said the same thing back in 1995. 'We are not going to raise the value of our currency.' So did Kuwait. They said the same thing. But 3 days later China changed the value of their currency. They didn't want anyone to take advantage of them...The Iraqi dinar went down in value inside the country of Iraq...but now as of January 1st IMO they got a new rate...they are trying to tell you they don't have a program rate anymore...
1-5-2021 Intel Guru MarkZ [via PDK] This is a very important week…There are people in position all over the globe…they are actually in place…for those that follow the forex closely…we have started seeing a change in value of the VND to the IQD…so we are seeing some movement there which I think is important because the amount is limited to the 2 treasuries that hold the most amounts of each others currencies in their reserves …Vietnam and Iraq are closely related economically. So we have started seeing a movement of funds….
1-5-2021 Newshound/Intel Guru Petra the [last] two, five or six days the auctions have gone from 150-200 million down to a million, down to 350 thousand and I think today was zero. There's definitely a change going on.
1-5-2021 Newshound/Intel Gurus Walkingstick & Frank26 IOO at the end of this week by Thursday or Friday and reviewed again at the end of the following week the CBI and all their money exchangers and banks will meet...on the subject of the tally of the 3 zero notes that have been collected. They want to determine if they have hit the sweet spot that they have agreed upon with them and the IMF. The CBI and IMF have a target in order to release the new small category notes and the next exchange rate change...
1-5-2021 Intel Guru Frank26 ...something is about to happen with the Iraqi dinar on a permanent basis...they are about to introduce a 1 to 1 rate because the American dollar is disappearing [Inside of Iraq]...
1-5-2021 Newshound/Intel Guru Mnt Goat ...We hear today in news from Iraq this strategy is working and the daily currency auctions are way down...This new strategy of devaluation of the dinar is working and taking root. ...This is the time to do this since price of oil being low and less oil revenues are generated it would not take long to drain the CBI reserves if action was not taken. It has forced them to take action. ...they fully intend to one day soon end the auctions and use the dinar to buy imports. They can not do this unless they also reinstate the dinar on the global currency exchanges and get out of OFAC sanctions. [post 2 of 2]
1-5-2021 Newshound/Intel Guru Mnt Goat The CBI does not tell you everything. What they do is take measures and countermeasures to ensure the overall plan of the project to delete the zeros can be carried out. ...The CBI and GOI had to work together to find a way to get these notes off the streets. By the devaluation of the dinar, it is causing the citizens to exchange their long, sought after dinars into dollars. Why not if the dollar can buy more? Also, some banks in Iraq are offering up to 5-7% annual interest on a two year locked-in saving account. WOW! Now tell me why they would do this if the currency was going to crash? [post 1 of 2....stay tuned]
1-5-2021 Intel Guru Footforward Don't be surprised if they devalue again to try and get those notes in faster.
1-5-2021 Intel Guru Austin-Powers-For-PM Next two weeks are huge. They need to finish collecting as many 3-zero notes as possible and hit a "Sweet Spot" before releasing the New Small Category Notes and releasing the rate.
1-5-2021 Intel Guru Frank26 What do you mean they lowered the price of the Iraqi dinar? Well they did. That's impossible, they said they were going to raise it. It's the China syndrome. China said the same thing back in 1995. 'We are not going to raise the value of our currency.' So did Kuwait. They said the same thing. But 3 days later China changed the value of their currency. They didn't want anyone to take advantage of them...The Iraqi dinar went down in value inside the country of Iraq...but now as of January 1st IMO they got a new rate...they are trying to tell you they don't have a program rate anymore...
1-5-2021 Intel Guru MarkZ [via PDK] This is a very important week…There are people in position all over the globe…they are actually in place…for those that follow the forex closely…we have started seeing a change in value of the VND to the IQD…so we are seeing some movement there which I think is important because the amount is limited to the 2 treasuries that hold the most amounts of each others currencies in their reserves …Vietnam and Iraq are closely related economically. So we have started seeing a movement of funds….
1-5-2021 Newshound/Intel Guru Petra the [last] two, five or six days the auctions have gone from 150-200 million down to a million, down to 350 thousand and I think today was zero. There's definitely a change going on.
1-5-2021 Newshound/Intel Gurus Walkingstick & Frank26 IOO at the end of this week by Thursday or Friday and reviewed again at the end of the following week the CBI and all their money exchangers and banks will meet...on the subject of the tally of the 3 zero notes that have been collected. They want to determine if they have hit the sweet spot that they have agreed upon with them and the IMF. The CBI and IMF have a target in order to release the new small category notes and the next exchange rate change...
1-5-2021 Intel Guru Frank26 ...something is about to happen with the Iraqi dinar on a permanent basis...they are about to introduce a 1 to 1 rate because the American dollar is disappearing [Inside of Iraq]...
1-5-2021 Newshound/Intel Guru Mnt Goat ...We hear today in news from Iraq this strategy is working and the daily currency auctions are way down...This new strategy of devaluation of the dinar is working and taking root. ...This is the time to do this since price of oil being low and less oil revenues are generated it would not take long to drain the CBI reserves if action was not taken. It has forced them to take action. ...they fully intend to one day soon end the auctions and use the dinar to buy imports. They can not do this unless they also reinstate the dinar on the global currency exchanges and get out of OFAC sanctions. [post 2 of 2]
1-5-2021 Newshound/Intel Guru Mnt Goat The CBI does not tell you everything. What they do is take measures and countermeasures to ensure the overall plan of the project to delete the zeros can be carried out. ...The CBI and GOI had to work together to find a way to get these notes off the streets. By the devaluation of the dinar, it is causing the citizens to exchange their long, sought after dinars into dollars. Why not if the dollar can buy more? Also, some banks in Iraq are offering up to 5-7% annual interest on a two year locked-in saving account. WOW! Now tell me why they would do this if the currency was going to crash? [post 1 of 2....stay tuned]
1-5-2021 Intel Guru Footforward Don't be surprised if they devalue again to try and get those notes in faster.
1-5-2021 Intel Guru Austin-Powers-For-PM Next two weeks are huge. They need to finish collecting as many 3-zero notes as possible and hit a "Sweet Spot" before releasing the New Small Category Notes and releasing the rate.
1-4-2021 Newshound Guru Jeff Article: "Kurdistan Finance Minster announces "illegal" salary cuts for more than 10,000 people" They're still talking about reforms for the fiscal year 2020. Their reforms are scheduled and are to start in the fiscal year 2020. They're telling you right here that you're still in the 4th quarter of the fiscal year of 2020...
1-4-2021 Newshound Guru Pimpy Article: "The dollar is dropping in Iraq" The dollar is dropping in Iraq. That's good. That's what you want to see happen. If the dollar value is dropping against the dinar that means what? The dinar value is going up...this is based on the market's response to the dinar...
1-4-2021 Intel Guru MarkZ I expected way more news over the weekend then we got…There are rumors that the Wanta-Reagan-Mitterand funds have been put in place. Just not released...These funds are real…do some research…if these funds are positioned for release…that is a good sign...that tells us we are close to a reset. There are a number of articles about many countries moving toward an economic reset…this lets us know we are getting close and moving toward the final days.
1-4-2021 Newshound Guru Jeff Article: "The Central bank's sales of dollar are falling to the lowest level". This is what I told you guys we were looking for for the rate change. You guys are officially in the season for the rate change...they do have to change the rate by the end of March.
1-4-2021 Newshound Guru Pimpy ...they're already complaining now about the fact that the Iraqi dinar needs to be revalued after they just devalued it...when they revalue it they're only talking about coming up just a little bit more. They're going to do it in increments...my guess is you're going to see them go in increments. IMO...every six months or so you're going to start seeing increases in the value of the dinar. Not decreases. It's not going to go crazy. It's not going to be some huge RV. Although that doesn't mean it won't happen. I'm just saying IMO that it would go up in increments...This is a good start. We like to see this...
1-4-2021 Newshound Guru Jeff I know there were a fair amount of people that were hopeful that the rate would change December/January because they were under the impression that Iraq's fiscal year was started January 1st. We haven't seen the rate change yet...On December 20th they devalued the currency. If they had plans to change the rate in January, devaluing the currency at the end of December would not have served a purpose...the reason why they devalued the currency on December 20th was because they need 90 days to reduce the dinar note count and squeeze more dinar out of the citizens. They need 90 days to do that...Iraq's fiscal year starts April 1st...
1-4-2021 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE: RAISING THE PRICE OF THE DOLLAR WAS DIRECTED BY THE INTERNATIONAL MONETARY FUND AND THE WORLD BANK AND WITH THE KNOWLEDGE OF POLITICAL BLOCS, NOT THE GOVERNMENT." the devaluation is a temporary solution, if you can even call it that. It will blow up in their faces, if they don’t now do the project to delete the zeros and reinstate. There is no turning back…
1-4-2021 Newshound Guru Pimpy Article: "The dollar is dropping in Iraq" The dollar is dropping in Iraq. That's good. That's what you want to see happen. If the dollar value is dropping against the dinar that means what? The dinar value is going up...this is based on the market's response to the dinar...
1-4-2021 Intel Guru MarkZ I expected way more news over the weekend then we got…There are rumors that the Wanta-Reagan-Mitterand funds have been put in place. Just not released...These funds are real…do some research…if these funds are positioned for release…that is a good sign...that tells us we are close to a reset. There are a number of articles about many countries moving toward an economic reset…this lets us know we are getting close and moving toward the final days.
1-4-2021 Newshound Guru Jeff Article: "The Central bank's sales of dollar are falling to the lowest level". This is what I told you guys we were looking for for the rate change. You guys are officially in the season for the rate change...they do have to change the rate by the end of March.
1-4-2021 Newshound Guru Pimpy ...they're already complaining now about the fact that the Iraqi dinar needs to be revalued after they just devalued it...when they revalue it they're only talking about coming up just a little bit more. They're going to do it in increments...my guess is you're going to see them go in increments. IMO...every six months or so you're going to start seeing increases in the value of the dinar. Not decreases. It's not going to go crazy. It's not going to be some huge RV. Although that doesn't mean it won't happen. I'm just saying IMO that it would go up in increments...This is a good start. We like to see this...
1-4-2021 Newshound Guru Jeff I know there were a fair amount of people that were hopeful that the rate would change December/January because they were under the impression that Iraq's fiscal year was started January 1st. We haven't seen the rate change yet...On December 20th they devalued the currency. If they had plans to change the rate in January, devaluing the currency at the end of December would not have served a purpose...the reason why they devalued the currency on December 20th was because they need 90 days to reduce the dinar note count and squeeze more dinar out of the citizens. They need 90 days to do that...Iraq's fiscal year starts April 1st...
1-4-2021 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE: RAISING THE PRICE OF THE DOLLAR WAS DIRECTED BY THE INTERNATIONAL MONETARY FUND AND THE WORLD BANK AND WITH THE KNOWLEDGE OF POLITICAL BLOCS, NOT THE GOVERNMENT." the devaluation is a temporary solution, if you can even call it that. It will blow up in their faces, if they don’t now do the project to delete the zeros and reinstate. There is no turning back…
1-3-2021 Newshound Guru Pimpy Article: "Security Council Sanctions Committee concerning Iraq Removes One Entity from It's Sanction List" Rafidain Bank has the sanctions against it have been removed. This is good news. This means that they obviously have behaved themselves...all is good.
1-3-2021 Newshound/Intel Guru Mnt Goat Article: "IT WILL CREATE THOUSANDS OF JOBS AS IRAQ ASPIRES TO BE THE “MAIN STOP” ON THE SILK ROAD" the “silk road” is not going to happen with a currency that is almost worthless.
1-3-2021 Newshound Guru Pimpy There's an assumption that the budget has been passed. I'm not sure that's the case because it says that it's been received. Article: "Parliamentary Finance receive the budget and reassures employees about salaries". My guess is that [the budget is not passed] because the agreement between Erbil and Baghdad has not been finalized. Although the part that matters for the budget to go forward has been agreed upon...
1-3-2021 Newshound/Intel Guru Mnt Goat Article: "IT WILL CREATE THOUSANDS OF JOBS AS IRAQ ASPIRES TO BE THE “MAIN STOP” ON THE SILK ROAD" the “silk road” is not going to happen with a currency that is almost worthless.
1-3-2021 Newshound Guru Pimpy There's an assumption that the budget has been passed. I'm not sure that's the case because it says that it's been received. Article: "Parliamentary Finance receive the budget and reassures employees about salaries". My guess is that [the budget is not passed] because the agreement between Erbil and Baghdad has not been finalized. Although the part that matters for the budget to go forward has been agreed upon...
1-2-2021 Newshound/Intel Guru Mnt Goat Article: "ECONOMIC WELCOME TO THE DIRECTIONS OF RAISING THE INTEREST RATE ON DEPOSITS" ...They are telling us what the CBI is doing with the devaluation. ...They need to collect these 3 zero notes and if they can’t get enough of them off the streets they are not going to go ahead with the project to delete the zeros. ...they are following the process. So if a part of it is slowed down then they have to wait, but the process is being followed. ...the devaluation was a very desperate move on the part of the CBI and they did not want to do it. They were forced to do it in order to get the loan from the IMF to pay December salaries. Also because they got the loan it was conditional on following the advice of the IMF and the World Bank on the next steps to get to the final outcome and reinstate the currency. It may seem all is lost now but the plan is working so far.
1-2-2021 Newshound Guru Jeff Article: "Parliament Finance talks about attempt to withdraw the Iraqi dinar from the local markets" The reason they're putting the dollar into the market and getting the dinar out of the market is they're trying to reduce the amount of dinar in the county in preparation for the rate change. This is a direction that came from the World Bank and the IMF...You are literally in the season for the rate change. You're there finally...they have the stage set for the rate change. We are in the best position we've ever been in...
1-2-2021 Newshound/Intel Guru Mnt Goat Article: "THE DOLLAR FACES THE IRAQI DINAR IN TWO WAYS: 130 OR 160 THOUSAND PER 100 DOLLARS ... AN INTERNATIONAL PROPOSAL FOR BAGHDAD THAT "RAISES THE PRICE MADLY" So this article is telling us that in order for Iraq to get a loan necessary to pay salaries for December they had to devalue the currency under pressure from the World Bank. This pressure was exerted on the Financial Ministry first and then to the CBI...But remember this – how will the GOI pay January’s salaries?
1-2-2021 Newshound Guru Adam Montana Article quote: "The deputy speaker of the Iraqi parliament, Bashir Al-Haddad, said Tuesday that Parliament has received the draft federal budget for 2021. This comes at a time when the Kurdistan Regional Government said that the agreement reached by its negotiating delegation with Baghdad is included in the draft law." Agreement with Kurds - this is not precisely HCL, but it's also not not precisely HCL. The point there is that if there was ever a time this is going to happen... it's probably upon us.
1-2-2021 Newshound Guru Jeff Article: "Parliament Finance talks about attempt to withdraw the Iraqi dinar from the local markets" They're now setting the stage for the rate change process. That's exactly where they're at. They need 90 days on this...Iraq will change the rate in very close proximity to the timing of their fiscal year which starts April 1st...they need 90 days to withdraw the note count...
1-2-2021 Newshound Guru MilitiaMan ...The country has obviously devalued for a purpose(s)...In my view they have a plan that included the devalue, then a subsequent deletion of the 3 zeros and then the intention is to defend the exchange rate for stability. The electronic payments may very well be a very supportive clue to the accuracy of my view. We shall see. imo. [post 2 of 2]
1-2-2021 Newshound Guru MilitiaMan Article: "Ministry of Commerce: the middle of next month, the date for the application of the electronic payment system" The push is on imo... They don't have much time between now and the mid month January time frame they give...to implement the electronic payment system. The minister of Trade had obstacles to overcome and it appears the obstacles have been overcome now. The electronic payments should be from my understanding be done with a new digital dinar. There words not mine. [post 1 of 2....stay tuned]
1-2-2021 Newshound Guru Jeff Article: "Parliament Finance talks about attempt to withdraw the Iraqi dinar from the local markets" The reason they're putting the dollar into the market and getting the dinar out of the market is they're trying to reduce the amount of dinar in the county in preparation for the rate change. This is a direction that came from the World Bank and the IMF...You are literally in the season for the rate change. You're there finally...they have the stage set for the rate change. We are in the best position we've ever been in...
1-2-2021 Newshound/Intel Guru Mnt Goat Article: "THE DOLLAR FACES THE IRAQI DINAR IN TWO WAYS: 130 OR 160 THOUSAND PER 100 DOLLARS ... AN INTERNATIONAL PROPOSAL FOR BAGHDAD THAT "RAISES THE PRICE MADLY" So this article is telling us that in order for Iraq to get a loan necessary to pay salaries for December they had to devalue the currency under pressure from the World Bank. This pressure was exerted on the Financial Ministry first and then to the CBI...But remember this – how will the GOI pay January’s salaries?
1-2-2021 Newshound Guru Adam Montana Article quote: "The deputy speaker of the Iraqi parliament, Bashir Al-Haddad, said Tuesday that Parliament has received the draft federal budget for 2021. This comes at a time when the Kurdistan Regional Government said that the agreement reached by its negotiating delegation with Baghdad is included in the draft law." Agreement with Kurds - this is not precisely HCL, but it's also not not precisely HCL. The point there is that if there was ever a time this is going to happen... it's probably upon us.
1-2-2021 Newshound Guru Jeff Article: "Parliament Finance talks about attempt to withdraw the Iraqi dinar from the local markets" They're now setting the stage for the rate change process. That's exactly where they're at. They need 90 days on this...Iraq will change the rate in very close proximity to the timing of their fiscal year which starts April 1st...they need 90 days to withdraw the note count...
1-2-2021 Newshound Guru MilitiaMan ...The country has obviously devalued for a purpose(s)...In my view they have a plan that included the devalue, then a subsequent deletion of the 3 zeros and then the intention is to defend the exchange rate for stability. The electronic payments may very well be a very supportive clue to the accuracy of my view. We shall see. imo. [post 2 of 2]
1-2-2021 Newshound Guru MilitiaMan Article: "Ministry of Commerce: the middle of next month, the date for the application of the electronic payment system" The push is on imo... They don't have much time between now and the mid month January time frame they give...to implement the electronic payment system. The minister of Trade had obstacles to overcome and it appears the obstacles have been overcome now. The electronic payments should be from my understanding be done with a new digital dinar. There words not mine. [post 1 of 2....stay tuned]
1-1-2021 Newshound Guru Adam Montana Iraq just changed the rate. Granted, it was the wrong way... but they are already talking about changing it again. You don't need me to tell you where this is headed. Hang tight, friends!
1-1-2021 Newshound/Intel Guru Mnt Goat Article: "BAGHDAD’S CURRENCY DEVALUATION LIFTS LID ON IRAN’S EXPLOITATION OF IRAQI RESOURCES" Here it is in black and white...I quote from the article: “The DECISION TO DEVALUE THE IRAQI DINAR AGAINST THE US DOLLAR HAS HAD POLITICAL AND STRATEGIC IMPLICATIONS FOR IRAN AND ITS MILITIAS IN IRAQ AND THE REGION”. ...they are killing 2 birds with one stone. ...they are accomplishing multiple objectives with the devaluation. It is a powerful & strategic move. It means it is not about a falling economy and a country about to go broke, but rather a means to a bigger end.
1-1-2021 Newshound Guru Kaperoni Raising the dinar exchange rate requires hard work. Stable government, laws, investment and a successful economy are required to see the dinar appreciate in value. There are no shortcuts.
1-1-2021 Intel Guru RayRen98 May this be our greatest year ever and may you receive all the blessings that he has in store for you. The latest bank update says Monday is expected to be busy.
1-1-2021 Newshound Guru Adam Montana HCL talks, agreements between Kurds and Baghdad, increasingly rapid progress - all happening right in front of us. I'm...excited to see what's next. GO RRRVVV!$!$!$!$!
1-1-2020 Newshound/Intel Guru Mnt Goat Remember from previous years we are not yet dead on the idea that a reinstatement could happen in the first quarter until they open the budget without it happening...Let’s watch for the 2021 Iraqi budget passing and see what happens then. Also, we know this devaluation is costing jobs in Iraq and so it is counterproductive as to what they say they want to do – create more jobs and build up the economy. So, this tells us this devaluation is short-lived. Better things are coming for Iraq.
1-1-2021 Intel Guru MarkZ [via PDK] [Is there an RV rate change?] We are not seeing a new rate in Iraq…they are announcing another rate change and their goal is to scare people…get you to throw in the towel and sell your currency…just like they did in Kuwait and China before their revaluations…this is the same thing Iraq did 3 previous times in the 1900’s…
1-1-2021 Newshound Guru Pimpy they're already talking about the rate change again. Will it happen? I don't know. It's only talk...The World Bank wanted to increase the number of dinars per dollar and the Iraq central bank said no. They want to go in the opposite direction. They want to decrease the number of dinars you get for every dollar. So the World Bank wants to devalue the dinar more. The Central Bank...they want to increase the value of the dinar...I thought this change would be really quick, very temporary just so they can get the salaries paid. Get back on track and then go right back to changing the rate in the right direction. So that's what looks like is happening fairly quickly. At least it's being discussed...this is a good thing. A very good thing.
1-1-2021 Newshound/Intel Guru Mnt Goat Article: "BAGHDAD’S CURRENCY DEVALUATION LIFTS LID ON IRAN’S EXPLOITATION OF IRAQI RESOURCES" Here it is in black and white...I quote from the article: “The DECISION TO DEVALUE THE IRAQI DINAR AGAINST THE US DOLLAR HAS HAD POLITICAL AND STRATEGIC IMPLICATIONS FOR IRAN AND ITS MILITIAS IN IRAQ AND THE REGION”. ...they are killing 2 birds with one stone. ...they are accomplishing multiple objectives with the devaluation. It is a powerful & strategic move. It means it is not about a falling economy and a country about to go broke, but rather a means to a bigger end.
1-1-2021 Newshound Guru Kaperoni Raising the dinar exchange rate requires hard work. Stable government, laws, investment and a successful economy are required to see the dinar appreciate in value. There are no shortcuts.
1-1-2021 Intel Guru RayRen98 May this be our greatest year ever and may you receive all the blessings that he has in store for you. The latest bank update says Monday is expected to be busy.
1-1-2021 Newshound Guru Adam Montana HCL talks, agreements between Kurds and Baghdad, increasingly rapid progress - all happening right in front of us. I'm...excited to see what's next. GO RRRVVV!$!$!$!$!
1-1-2020 Newshound/Intel Guru Mnt Goat Remember from previous years we are not yet dead on the idea that a reinstatement could happen in the first quarter until they open the budget without it happening...Let’s watch for the 2021 Iraqi budget passing and see what happens then. Also, we know this devaluation is costing jobs in Iraq and so it is counterproductive as to what they say they want to do – create more jobs and build up the economy. So, this tells us this devaluation is short-lived. Better things are coming for Iraq.
1-1-2021 Intel Guru MarkZ [via PDK] [Is there an RV rate change?] We are not seeing a new rate in Iraq…they are announcing another rate change and their goal is to scare people…get you to throw in the towel and sell your currency…just like they did in Kuwait and China before their revaluations…this is the same thing Iraq did 3 previous times in the 1900’s…
1-1-2021 Newshound Guru Pimpy they're already talking about the rate change again. Will it happen? I don't know. It's only talk...The World Bank wanted to increase the number of dinars per dollar and the Iraq central bank said no. They want to go in the opposite direction. They want to decrease the number of dinars you get for every dollar. So the World Bank wants to devalue the dinar more. The Central Bank...they want to increase the value of the dinar...I thought this change would be really quick, very temporary just so they can get the salaries paid. Get back on track and then go right back to changing the rate in the right direction. So that's what looks like is happening fairly quickly. At least it's being discussed...this is a good thing. A very good thing.
12-31-2020 Newshound Guru Mnt Goat Article: "THE DEVALUATION OF THE DINAR IS THE BEGINNING .. "PAINFUL" STEPS AND A DIFFICULT YEAR FOR THE IRAQIS" Yes, the devaluation is a necessary “painful step” . Like I said it is a step in the process and is being used as a means to an end.
12-31-2020 Newshound Guru MilitiaMan "TODAY'S AUCTION RESULTS...The results of the foreign currency sale window on Thursday 12/31/2020 and executed today 100,000 Total Cash Sale" Well folks I don't know about you all, but, the auctions at $100,000 or even at $1.3 million is getting scarce, especially the former. Something BIG is about to happen.. DT even stated as such too... Fairly sure when things line up electronically, it will be big...Happy New Year to ALL!!!
12-31-2020 Intel Guru Frank26 I have not changed my mind. The Iraqi dinar is going through a monetary reform right now. We're at the point right now that the tellers are done...and they're preparing themselves to introduce the small category notes to the citizens of Iraq. It's that simple.
12-31-2020 Intel Guru MarkZ [via PDK] Iraq is announcing another decrease instead of an increase…the chatter in Iraq is that they expect to go up in rate sometime between now and the 6th of January. So there is great potential for a rate increase on the Dinar the first week of January.
12-31-2020 Newshound Guru Breitling It's a policy based investment. If you're watching the local markets in Iraq and trying to figure out where the value is coming from you're never gonna get it because that's not how they think in Iraq. That's not the way they think in parliament, Ministry of Finance, Ministry of Planning or the CBI. That's not what they're thinking. They're thinking how do we keep the budget going with the U.S. dollar and at the same time how do we participate in other markets so we're diversified and we're not stuck in just the energy markets. They know the energy is going to go down period. Everybody knows this. Everybody is trying to get into different markets. Iraq is no different...they need to add value to their currency...
12-31-2020 Newshound Guru Adam Montana We don't have an RV yet, but it isn't hard to see this coming quickly. Rate change - done, overnight. A flick of the switch, and ...the rate changed. It will happen just as suddenly when they shock the world with a quick move the other way.
12-31-2020 Intel Guru Bruce ...we’ve got a week possibly from tonight before we actually do something with have our numbers and we set our appointments or we get our numbers Monday night and start Tuesday – there’s a possibility and we had it from an extremely high source – as high as you can get – in the banking world – that - that was the Monday/Tuesday thing...Now – what about the possibility of Mon/Tues – or Tues/Wed? I think it looks very good we should be there by then... that is what I’m hearing – passing on what it is that I’m getting...As far as Iraq is concerned – they are expecting to have another new rate – over the weekend – could start them on Sunday – their first business day – with a new budget – with a rate in the budget...the rate we were actually notified about was very strong – and just slightly below what Dr Shabbibi had predicted that the value of the Dinar to hold back in...2012...I believe we are in a good place to move forward and I’m excited because I think we’re finally coming to the end...
12-31-2021 Newshound Guru Pimpy Article "After the central bank was hit by a surprise... Iraq may move to change the dollar exchange rate". But this time in the right direction! Not the other way around. We're talking about increasing the value of the dinar against the U.S. dollar. You'll see different articles conflicting with one another that's why you can't get too excited with good news and get too bummed out with bad news. Quote "as soon as the devaluation of the dinar against foreign currency especially the US dollar came into effect the peoples willingness to buy those currencies decreased which created an alarm for the Central Bank of Iraq ." If they're going to increase it, this might be a good time...when you see the number of dinars decrease for every $1 that's what we want. That's good. That's what we want to see.
12-31-2020 Newshound Guru MilitiaMan "TODAY'S AUCTION RESULTS...The results of the foreign currency sale window on Thursday 12/31/2020 and executed today 100,000 Total Cash Sale" Well folks I don't know about you all, but, the auctions at $100,000 or even at $1.3 million is getting scarce, especially the former. Something BIG is about to happen.. DT even stated as such too... Fairly sure when things line up electronically, it will be big...Happy New Year to ALL!!!
12-31-2020 Intel Guru Frank26 I have not changed my mind. The Iraqi dinar is going through a monetary reform right now. We're at the point right now that the tellers are done...and they're preparing themselves to introduce the small category notes to the citizens of Iraq. It's that simple.
12-31-2020 Intel Guru MarkZ [via PDK] Iraq is announcing another decrease instead of an increase…the chatter in Iraq is that they expect to go up in rate sometime between now and the 6th of January. So there is great potential for a rate increase on the Dinar the first week of January.
12-31-2020 Newshound Guru Breitling It's a policy based investment. If you're watching the local markets in Iraq and trying to figure out where the value is coming from you're never gonna get it because that's not how they think in Iraq. That's not the way they think in parliament, Ministry of Finance, Ministry of Planning or the CBI. That's not what they're thinking. They're thinking how do we keep the budget going with the U.S. dollar and at the same time how do we participate in other markets so we're diversified and we're not stuck in just the energy markets. They know the energy is going to go down period. Everybody knows this. Everybody is trying to get into different markets. Iraq is no different...they need to add value to their currency...
12-31-2020 Newshound Guru Adam Montana We don't have an RV yet, but it isn't hard to see this coming quickly. Rate change - done, overnight. A flick of the switch, and ...the rate changed. It will happen just as suddenly when they shock the world with a quick move the other way.
12-31-2020 Intel Guru Bruce ...we’ve got a week possibly from tonight before we actually do something with have our numbers and we set our appointments or we get our numbers Monday night and start Tuesday – there’s a possibility and we had it from an extremely high source – as high as you can get – in the banking world – that - that was the Monday/Tuesday thing...Now – what about the possibility of Mon/Tues – or Tues/Wed? I think it looks very good we should be there by then... that is what I’m hearing – passing on what it is that I’m getting...As far as Iraq is concerned – they are expecting to have another new rate – over the weekend – could start them on Sunday – their first business day – with a new budget – with a rate in the budget...the rate we were actually notified about was very strong – and just slightly below what Dr Shabbibi had predicted that the value of the Dinar to hold back in...2012...I believe we are in a good place to move forward and I’m excited because I think we’re finally coming to the end...
12-31-2021 Newshound Guru Pimpy Article "After the central bank was hit by a surprise... Iraq may move to change the dollar exchange rate". But this time in the right direction! Not the other way around. We're talking about increasing the value of the dinar against the U.S. dollar. You'll see different articles conflicting with one another that's why you can't get too excited with good news and get too bummed out with bad news. Quote "as soon as the devaluation of the dinar against foreign currency especially the US dollar came into effect the peoples willingness to buy those currencies decreased which created an alarm for the Central Bank of Iraq ." If they're going to increase it, this might be a good time...when you see the number of dinars decrease for every $1 that's what we want. That's good. That's what we want to see.
12-30-2020 Intel Guru MarkZ [via PDK] [Is there a chance for the RV Sunday or Monday?] There is a chance…there is a battle going on…Iraq is hoping for a new rate by the 31st…which is a day away…
12-30-2020 Newshound Guru Mnt Goat Article: "ECONOMIST CALLS FOR THE REMOVAL OF THE THREE ZEROS FROM THE DINAR TO STRENGTHEN THE LOCAL CURRENCY" So we have been waiting for articles like this. Notice we have not see any “direct” article talking about this subject of “deleting the zeros” for a long time. Now they finally are telling us this may be a solution to getting out of the mess they are in.
12-30-2020 Newshound Guru MilitiaMan They are now telling us...that they are de dollarizing and will be heading to use digital dollars in the future for tracking...Transparency. ...Well if we look at the Auctions lately and even today, proves they show us a massive change of late and that supports scarcity is upon Iraq now for the USD. imo. A necessity of the IMF on Iraq ...They will need to cease the use of the USD as we know it. The future will be very different and it will curb corruption.. So, be patient and hopeful as there is no need to be worried or upset for that the devalue sets the stage for a revalue.. imo...
12-30-2020 Intel Guru Frank26 Did you see the IMF say 'This reduction of purchasing power of the Iraq dinar this is a permanent thing'? Did you hear them say that? [shakes head no]. But yet all of a sudden we go from 1450 to 1600 to 1650, good God I bet you anything we go even more. Anything to mess you up. That's the purpose. That's what's supposed to happen right now. And for you to fall for it? No, that's not right...keep a constant state of suspicious alertness...we're so close to the apex. We're so close to conquering this mountain...whatever you do, don't fall down the hill. Do not get discouraged. It's very clear IMO what they're doing...
12-30-2020 Newshound Guru Pimpy Article: "Parliamentary Finance: This is the date for the budget debate session" According to the constitution the cabinet members look at a budget. They pass the budget and then it goes to the House of Representative where technically they're supposed to be some type of 90-day thing and you're supposed to have 3 readings in there so any changes gets done. But it seems to me that that part of it's being bypassed...They want to try to get this passed before the end of the year. That's not many more days...we'll see if this gets accomplished.
12-30-2020 Intel Guru MarkZ [via PDK] Iraq is shutting down a lot of oil and energy to Iran. They are still positioned for it… Kuwait, Jordan and a number of countries over there have shut down their borders in preparation for something. They are checking the amount of currencies you have at the borders...things are happening in the middle east we just do not know the timing at this point. [why is Iraq closing its borders?] Preparation…we saw Kuwait did the same thing before its RV. I think they are preparing to change its value in a meaningful, significant way.
12-30-2020 Newshound Guru Adam Montana Article quote: "The legislative procedures to complete the federal budget law may take from 20-30 days, and that the council will begin the first reading of the draft law early next January." 2021 Budget. 20-30 days - this means January for completion (probability: good, for once!)
12-30-2020 Newshound Guru Breitling This last year they kept talking about adding value to their currency and complying with what Trump's trying to do...the next thing you know they devalue it. What are they doing? They're trying to negotiate because they're on the edge of doing this. They want to devalue their currency so they can pay off debt - get the payments down...then they're going to start adding value to their currency. Iraq needs to get out from under the U.S. dollar... adding value to their currency there's more than one path...it's very simple. It's a policy based investment. [Post 2 of 2]
12-30-2020 Newshound Guru Breitling If you look at the Saddam Hussein era the currency was worth $3.25 cents...How many people were buying Iraq's energy? It was a lot but it's not as much as it is today...$3.25 with less customers! You understand what Iraq can do...Iraq needs to sell energy through the U.S. dollar and at the same time add value to their currency. Those are different markets. They have to add value to their currency as a policy so they can create the markets...If you look at it through that direction it's crystal clear. [Post 1 of 2]
12-30-2020 Newshound Guru Kaperoni Changing the exchange rate has reduced demand on dollars. This is the result of a 22% reduction of the dinar exchange rate which made the dollars cost 20% more in Iraq...
12-30-2020 Newshound Guru Mnt Goat Article: "ECONOMIST CALLS FOR THE REMOVAL OF THE THREE ZEROS FROM THE DINAR TO STRENGTHEN THE LOCAL CURRENCY" So we have been waiting for articles like this. Notice we have not see any “direct” article talking about this subject of “deleting the zeros” for a long time. Now they finally are telling us this may be a solution to getting out of the mess they are in.
12-30-2020 Newshound Guru MilitiaMan They are now telling us...that they are de dollarizing and will be heading to use digital dollars in the future for tracking...Transparency. ...Well if we look at the Auctions lately and even today, proves they show us a massive change of late and that supports scarcity is upon Iraq now for the USD. imo. A necessity of the IMF on Iraq ...They will need to cease the use of the USD as we know it. The future will be very different and it will curb corruption.. So, be patient and hopeful as there is no need to be worried or upset for that the devalue sets the stage for a revalue.. imo...
12-30-2020 Intel Guru Frank26 Did you see the IMF say 'This reduction of purchasing power of the Iraq dinar this is a permanent thing'? Did you hear them say that? [shakes head no]. But yet all of a sudden we go from 1450 to 1600 to 1650, good God I bet you anything we go even more. Anything to mess you up. That's the purpose. That's what's supposed to happen right now. And for you to fall for it? No, that's not right...keep a constant state of suspicious alertness...we're so close to the apex. We're so close to conquering this mountain...whatever you do, don't fall down the hill. Do not get discouraged. It's very clear IMO what they're doing...
12-30-2020 Newshound Guru Pimpy Article: "Parliamentary Finance: This is the date for the budget debate session" According to the constitution the cabinet members look at a budget. They pass the budget and then it goes to the House of Representative where technically they're supposed to be some type of 90-day thing and you're supposed to have 3 readings in there so any changes gets done. But it seems to me that that part of it's being bypassed...They want to try to get this passed before the end of the year. That's not many more days...we'll see if this gets accomplished.
12-30-2020 Intel Guru MarkZ [via PDK] Iraq is shutting down a lot of oil and energy to Iran. They are still positioned for it… Kuwait, Jordan and a number of countries over there have shut down their borders in preparation for something. They are checking the amount of currencies you have at the borders...things are happening in the middle east we just do not know the timing at this point. [why is Iraq closing its borders?] Preparation…we saw Kuwait did the same thing before its RV. I think they are preparing to change its value in a meaningful, significant way.
12-30-2020 Newshound Guru Adam Montana Article quote: "The legislative procedures to complete the federal budget law may take from 20-30 days, and that the council will begin the first reading of the draft law early next January." 2021 Budget. 20-30 days - this means January for completion (probability: good, for once!)
12-30-2020 Newshound Guru Breitling This last year they kept talking about adding value to their currency and complying with what Trump's trying to do...the next thing you know they devalue it. What are they doing? They're trying to negotiate because they're on the edge of doing this. They want to devalue their currency so they can pay off debt - get the payments down...then they're going to start adding value to their currency. Iraq needs to get out from under the U.S. dollar... adding value to their currency there's more than one path...it's very simple. It's a policy based investment. [Post 2 of 2]
12-30-2020 Newshound Guru Breitling If you look at the Saddam Hussein era the currency was worth $3.25 cents...How many people were buying Iraq's energy? It was a lot but it's not as much as it is today...$3.25 with less customers! You understand what Iraq can do...Iraq needs to sell energy through the U.S. dollar and at the same time add value to their currency. Those are different markets. They have to add value to their currency as a policy so they can create the markets...If you look at it through that direction it's crystal clear. [Post 1 of 2]
12-30-2020 Newshound Guru Kaperoni Changing the exchange rate has reduced demand on dollars. This is the result of a 22% reduction of the dinar exchange rate which made the dollars cost 20% more in Iraq...
12-29-2020 Newshound/Intel Guru Mnt Goat What are my feelings if this reinstate will happen in early January 2021? If you look on the surface and didn’t know any better you would say Iraq is in chaos and the economy is about to crash. You might say there is no way they will raise the value of the dinar over the dollar. ...First, you must understand that the sole de facto peg of the Iraqi dinar to the US dollar is part of the problem too. The IMF and the World Bank wants desperately to re-peg the dinar to a basket of currencies and out it on a FLOAT to control it better and level off it’s rate. This way the global community determines the rate and not the average citizen in Iraq who is open to rumors and speculation. They want to open the dinar up to the world and let the investors determine the rate. [post 2 of 2]
12-29-2020 Newshound/Intel Guru Mnt Goat So, the questions on everyone’s minds are: 1) will we get the reinstatement in early 2021? 2) has the CBI truly been planning for this event...? Well…to answer these questions...the CBI is, in fact, planning to reinstate the Iraqi dinar. The plan has not changed and this is a necessity...this is at the heart of the financial issues they are now facing in not doing it earlier. So, what do we know as FACT? We know they had planned to complete the project to delete the zeros by mid-year 2020 and they told us this was their goal a year ago in news articles and from my CBI contact, but this did not happen. So, it may not seem like it, but the CBI is on a timeline. This timeline keeps getting bumped or pushed out due to circumstances... [post 1 of 2....stay tuned]
12-29-2020 Newshound Guru Breitling There is a misunderstanding with Iraq. What is it is they're doing and how specifically are they doing it? ...The parliament, the Minister of Finance, the Ministry of Planning and the CBI they're all talking about adding value to the currency. But you look at the people and they're all in poverty and it's sad. Here's what you guys don't understand. The rate it not based on the market. It's based on the policy. Iraq is trying to get a market rate currency...If you can't understand that the Iraqi dinar is based on policy and not the market you don't need to be in this investment. You're gonna go for a rollercoaster ride. There are going to be a bunch of questions that you'll never be able to answer because you are looking at it incorrectly...
12-29-2020 Newshound Guru Jeff ...what they're doing is injecting more U.S. dollars into Iraq's economy that when the rate changes they have dollars instead of dinar...when the rate does change they have take their dollars into the bank for dinar. It's just another step to pull the dinar out of circulation - to remove the 3-zero notes out of circulation inside the country of Iraq...
12-29-2020 Intel Guru Frank26 Didn't we not say to you that this 1450 is something that you can flush down the toilet? 99.9% of you did [hear me]. The rest of you didn't and you panic. And you continue to let this open wound to become infected and you created your own frustration...stop being so scandalous about every little thing you hear. It's supposed to be confusing...the confusion is part of the plan...
12-29-2020 Newshound/Intel Guru Mnt Goat I want everyone also to remember they have not forgotten about the 3 zero notes that we hold. They must also collect these notes too. This is part of the project to delete the zeros. We have the larger 3 zero notes and so they must collect them and delete them. We have been faithful investors in the Iraqi economy and have helped Iraq through their financial difficulties of the past. The US customs could have easily blocked the dinar from entering the country and limiting us from our purchases. So why did our government allow us to invest in so much dinar? ...There is a reason and there is a plan to use the dinar... We too need to be paid off. We would have already been paid off if it had not been for all the corruption causing the delays in this process. I also want to bring to your attention that the Iraqi 2021 budget passing as this is very important to the process as is the US elections. We sit, wait, PRAY and watch what happens next. [post 2 of 2]
12-29-2020 Newshound/Intel Guru Mnt Goat ...The recent devaluation is hoped to accomplish the following: 1) limit the currency auction theft; 2) collect the other 30% of the three zero notes, 3) cause the citizens to buy US dollars by speculating that there will be further devaluation of the dinar soon. This is why they are spreading the 1660 rumor now...Will they devalue the currency yet again to 1660, as the rumors now say and the BIS is suggesting? What would be the impact? I am told this will only happen as necessity prevails. In other words, they want to leave it just as a rumor but if the 1450 devaluation does not work they will go further. THEY MUST COLLECT THE 3 ZERO NOTES prior to the reinstatement! [post 1 of 2....stay tunted]
12-29-2020 Newshound Guru Breitling They want to add value to their currency...They want to be able to participate in the markets. They want to diversify. They want to get out of the oil markets. They're stuck. What are they going to do? They're going to comply with the United States, the west and our trading...they're still moving forward...They are going to pay off debt. They're going to get their payments lower. Then they're going to add value to their currency. It's a win, win, win situation for them. That's their strategy. That's what they're up to...this thing is coming down the road. They're going to revalue their currency...
12-29-2020 Newshound Guru MilitiaMan I am sure everyone by now can see the postponements are intentional. They clearly have a goal, a purpose and it is on purpose imo. They are holding their cards (exchange rate) close to the chest as long as they possibly can. It is clear...They are going to update the exchange rate before the end of the year. One can say, well they did already from 1190 - 1460 and one can say they are to do it again based off todays articles from 1460 - 1660. ...Hindsight shows they did tell us though one way or another that they are or were going to devalue the currency and also revalue it.
12-29-2020 Newshound/Intel Guru Mnt Goat So, the questions on everyone’s minds are: 1) will we get the reinstatement in early 2021? 2) has the CBI truly been planning for this event...? Well…to answer these questions...the CBI is, in fact, planning to reinstate the Iraqi dinar. The plan has not changed and this is a necessity...this is at the heart of the financial issues they are now facing in not doing it earlier. So, what do we know as FACT? We know they had planned to complete the project to delete the zeros by mid-year 2020 and they told us this was their goal a year ago in news articles and from my CBI contact, but this did not happen. So, it may not seem like it, but the CBI is on a timeline. This timeline keeps getting bumped or pushed out due to circumstances... [post 1 of 2....stay tuned]
12-29-2020 Newshound Guru Breitling There is a misunderstanding with Iraq. What is it is they're doing and how specifically are they doing it? ...The parliament, the Minister of Finance, the Ministry of Planning and the CBI they're all talking about adding value to the currency. But you look at the people and they're all in poverty and it's sad. Here's what you guys don't understand. The rate it not based on the market. It's based on the policy. Iraq is trying to get a market rate currency...If you can't understand that the Iraqi dinar is based on policy and not the market you don't need to be in this investment. You're gonna go for a rollercoaster ride. There are going to be a bunch of questions that you'll never be able to answer because you are looking at it incorrectly...
12-29-2020 Newshound Guru Jeff ...what they're doing is injecting more U.S. dollars into Iraq's economy that when the rate changes they have dollars instead of dinar...when the rate does change they have take their dollars into the bank for dinar. It's just another step to pull the dinar out of circulation - to remove the 3-zero notes out of circulation inside the country of Iraq...
12-29-2020 Intel Guru Frank26 Didn't we not say to you that this 1450 is something that you can flush down the toilet? 99.9% of you did [hear me]. The rest of you didn't and you panic. And you continue to let this open wound to become infected and you created your own frustration...stop being so scandalous about every little thing you hear. It's supposed to be confusing...the confusion is part of the plan...
12-29-2020 Newshound/Intel Guru Mnt Goat I want everyone also to remember they have not forgotten about the 3 zero notes that we hold. They must also collect these notes too. This is part of the project to delete the zeros. We have the larger 3 zero notes and so they must collect them and delete them. We have been faithful investors in the Iraqi economy and have helped Iraq through their financial difficulties of the past. The US customs could have easily blocked the dinar from entering the country and limiting us from our purchases. So why did our government allow us to invest in so much dinar? ...There is a reason and there is a plan to use the dinar... We too need to be paid off. We would have already been paid off if it had not been for all the corruption causing the delays in this process. I also want to bring to your attention that the Iraqi 2021 budget passing as this is very important to the process as is the US elections. We sit, wait, PRAY and watch what happens next. [post 2 of 2]
12-29-2020 Newshound/Intel Guru Mnt Goat ...The recent devaluation is hoped to accomplish the following: 1) limit the currency auction theft; 2) collect the other 30% of the three zero notes, 3) cause the citizens to buy US dollars by speculating that there will be further devaluation of the dinar soon. This is why they are spreading the 1660 rumor now...Will they devalue the currency yet again to 1660, as the rumors now say and the BIS is suggesting? What would be the impact? I am told this will only happen as necessity prevails. In other words, they want to leave it just as a rumor but if the 1450 devaluation does not work they will go further. THEY MUST COLLECT THE 3 ZERO NOTES prior to the reinstatement! [post 1 of 2....stay tunted]
12-29-2020 Newshound Guru Breitling They want to add value to their currency...They want to be able to participate in the markets. They want to diversify. They want to get out of the oil markets. They're stuck. What are they going to do? They're going to comply with the United States, the west and our trading...they're still moving forward...They are going to pay off debt. They're going to get their payments lower. Then they're going to add value to their currency. It's a win, win, win situation for them. That's their strategy. That's what they're up to...this thing is coming down the road. They're going to revalue their currency...
12-29-2020 Newshound Guru MilitiaMan I am sure everyone by now can see the postponements are intentional. They clearly have a goal, a purpose and it is on purpose imo. They are holding their cards (exchange rate) close to the chest as long as they possibly can. It is clear...They are going to update the exchange rate before the end of the year. One can say, well they did already from 1190 - 1460 and one can say they are to do it again based off todays articles from 1460 - 1660. ...Hindsight shows they did tell us though one way or another that they are or were going to devalue the currency and also revalue it.
12-28-2020 Newshound Guru Pimpy Article: "An advisor in the central bank determines its orientations regarding the exchange rate and the possibility of changing it again" ...technically what they said [before] was they would only devalue the dinar one time not change the rate...I thought this devaluing of the dinar was only a short-term thing. It just didn't make sense to me especially since they had so much building to do and how it disproportionately affected the poor. So now it looks like there's already going to be pressure on them to go ahead and decrease the rate so the value goes back up for dinar holders...
12-28-2020 Intel Guru MarkZ An interesting week for sure in the making. Normally the week between Christmas and New Years is just full of left overs...this week it looks to be action packed. Many more people are returning to their locations throughout the day today… and I hope I can get more news when they get back into place today. This has me really upbeat. Normally they would have all just stayed home …especially the way Europe usually shuts down for the banking holidays over Christmas...If they did not think something was “afoot” they would not be returning to their exchange locations until after Jan 1st.
12-28-2020 Newshound Guru Kaperoni ...There are no arbitrary reevaluations or reinstatements...that's not how monetary policy works...the Central Bank of Iraq has to follow strict rules as well as rules and process from the IMF...This is a very complicated time for Iraq...It's going to take Iraq several months to get back on track and move forward...
12-28-2020 Newshound Guru Jeff Article: "Employees complain: owners of K-Card outlets in Mosul distribute salaries in dollars at the new exchange rate". You know what they're doing? They're injecting and defusing more of the U.S. dollar to get the dinar out of circulation on top of the fact that they've devalued it to squeeze more three-zero notes out of the citizens from their mattresses...this step to reduce the note count needs at least 90-days to be effective...they implemented this step on December 20th exactly 90 days before Kuwait historically changed the value of their currency which was March 24 of '91. That same day today would be Sunday March 21st of '21...
12-28-2020 Newshound Guru Breitling What's happening in Iraq, what's happening with their currency is only good news...I know people are in panic mode...I've got email from people asking "Should I get out? Is this over with?" That's furthest from the truth. It's the complete opposite...Iraq is in debt. They want to get out of debt...one of the strategies of getting out of debt is lowing the value of the currency. Then you pay at a lower price. Then when you're done making those payments guess what? You add value back to your currency. And that is what Iraq is doing...
12-28-2020 Newshound Guru Pimpy Article: "Today, Sunday, relative stability in the exchange rate of the dollar in the local markets" ...The rate was changed to 1450 dinars for every 1 dollar but the exchange rate on the stock exchange it's actually performing pretty good. It bounces somewhere between 1410 and 1430. That means the dinar is stronger than they had pegged. So it's doing very well in the markets.
12-28-2020 Newshound Guru MilitiaMan The focus is on their reserves and that there is strength to the dinar. The recent devaluation was on purpose for a purpose. That purpose is to have liquidity to support the public finances while they de dollarize the country...Modifying the exchange rate is on the table with House of Representatives this next week, as early as Tuesday - Wednesday... Lets see what they do. imo.
12-28-2020 Newshound Guru Jeff Iraq has now officially announced to us that they have implemented the reforms as of Sunday December 20th when they devalued that rate...they've got to change the rate by the end of March...Now that they've devalued the Iraq dinar they have now told you they've officially started the reforms.
12-28-2020 Intel Guru MarkZ An interesting week for sure in the making. Normally the week between Christmas and New Years is just full of left overs...this week it looks to be action packed. Many more people are returning to their locations throughout the day today… and I hope I can get more news when they get back into place today. This has me really upbeat. Normally they would have all just stayed home …especially the way Europe usually shuts down for the banking holidays over Christmas...If they did not think something was “afoot” they would not be returning to their exchange locations until after Jan 1st.
12-28-2020 Newshound Guru Kaperoni ...There are no arbitrary reevaluations or reinstatements...that's not how monetary policy works...the Central Bank of Iraq has to follow strict rules as well as rules and process from the IMF...This is a very complicated time for Iraq...It's going to take Iraq several months to get back on track and move forward...
12-28-2020 Newshound Guru Jeff Article: "Employees complain: owners of K-Card outlets in Mosul distribute salaries in dollars at the new exchange rate". You know what they're doing? They're injecting and defusing more of the U.S. dollar to get the dinar out of circulation on top of the fact that they've devalued it to squeeze more three-zero notes out of the citizens from their mattresses...this step to reduce the note count needs at least 90-days to be effective...they implemented this step on December 20th exactly 90 days before Kuwait historically changed the value of their currency which was March 24 of '91. That same day today would be Sunday March 21st of '21...
12-28-2020 Newshound Guru Breitling What's happening in Iraq, what's happening with their currency is only good news...I know people are in panic mode...I've got email from people asking "Should I get out? Is this over with?" That's furthest from the truth. It's the complete opposite...Iraq is in debt. They want to get out of debt...one of the strategies of getting out of debt is lowing the value of the currency. Then you pay at a lower price. Then when you're done making those payments guess what? You add value back to your currency. And that is what Iraq is doing...
12-28-2020 Newshound Guru Pimpy Article: "Today, Sunday, relative stability in the exchange rate of the dollar in the local markets" ...The rate was changed to 1450 dinars for every 1 dollar but the exchange rate on the stock exchange it's actually performing pretty good. It bounces somewhere between 1410 and 1430. That means the dinar is stronger than they had pegged. So it's doing very well in the markets.
12-28-2020 Newshound Guru MilitiaMan The focus is on their reserves and that there is strength to the dinar. The recent devaluation was on purpose for a purpose. That purpose is to have liquidity to support the public finances while they de dollarize the country...Modifying the exchange rate is on the table with House of Representatives this next week, as early as Tuesday - Wednesday... Lets see what they do. imo.
12-28-2020 Newshound Guru Jeff Iraq has now officially announced to us that they have implemented the reforms as of Sunday December 20th when they devalued that rate...they've got to change the rate by the end of March...Now that they've devalued the Iraq dinar they have now told you they've officially started the reforms.
12-27-2020 Newshound Guru MilitiaMan ...there is and was a collaboration to devalue the currency to get currency out of the market place...They have been working at financial inclusion for quite some time. They tell us that they have or have had 60 trillion IQD in circulation...it has been a work in progress to get it out of circulation. We can see now with hind sight what has happened...they are moving into the next phase and have the support of the IMF...We now should see after that recent devaluation down to 1460 from 1190 the next phase to kick in and a re-instatement or revaluation to an internationally acceptable currency exchange rate. One that is probably already approved and just about ready to be exposed...
12-27-2020 Intel Guru Footforward [...can you elaborate on the pictures of the 500 and 250 Note of the Iraqi Dinar. I have heard different things. Are these new notes in Circulation? If so what does It mean for our investment?] I haven't seen any pictures but they aren't buying anything with those notes yet. They need the value to drastically increase. So my comment would be it doesn't matter until they RV. But I'd suggest they didn't print smaller denoms for nothing. That's my opinion. Not financial or investment advice.
12-27-2020 Intel Guru Frank26 Why aren't you worried about what's going on [the deflation to 1460]? Because this is being used to retrieve the three zero notes and because IMO I feel very strongly that the budget does not have this 1450 rate. Nor does the HCL. Nor do the white papers. So why should I worry about 1450...
12-27-2020 Newshound Guru Jeff Article: "The International Monetary announces support for the Iraqi government's measures for "economic reform" What they're telling you that what they did last Sunday whey they devalued their currency they started the reforms...they're telling you it's a step of the reforms. They're telling you this is the start of the reforms...So Iraq has officially started the reforms...they have officially set the 90-days stage for the rate change...
12-27-2020 Newshound Guru MilitiaMan The end game is looking to be upon us. They have entered a state where they need critical recalibrations of economic policies. Think of those policies as being exchange rate oriented. The IMF has told us they are to change the exchange rate within this fiscal year. That runs out on or before 12/31/2020 imo.
12-27-2020 Newshound Guru Pimpy Article: "Baghdad dollar exchange rate is rising". This is good...they set the value at 1450 for $1 dollar. So it's down 40...it's a small move but even so you like to see that it's going in the right direction for us...
12-27-2020 Newshound/Intel Guru Walkingstick (via frank26) the auctions which are now well controlled and were always the cause of this problem...will now increase. They will double - they will triple up their sales of the American dollar... Why? Because this will create a shortage of the IQD three zero notes in the marketplace which in turn forces the merchants and the citizens to exchange the IQD for the USD...By them bringing in their 3 zero notes to the CBI for USDs they're collecting their 3 zeros and fixing up M1, M2, M3 figures. Then they can come out with a rate of 1 to 1 or 1 to 1.45...now [citizens] go ahead and trade them in for the new small category notes...the goal is to take in as many 3 zero...within the next week or two...
12-27-2020 Intel Guru Frank26 When you go to exchange and then what you're going to do after that. You have to know when to hold them and fold them...when the new rate comes out and it's international it will be pegged to the American Dollar inside of a basket...but it cannot grow pegged to the American Dollar..."I'll take the 1 to 1 Frank". Go right ahead but it will float and you need to know how...you've got to know when to hold'm and when to fold'm...
12-27-2020 Intel Guru Footforward [...can you elaborate on the pictures of the 500 and 250 Note of the Iraqi Dinar. I have heard different things. Are these new notes in Circulation? If so what does It mean for our investment?] I haven't seen any pictures but they aren't buying anything with those notes yet. They need the value to drastically increase. So my comment would be it doesn't matter until they RV. But I'd suggest they didn't print smaller denoms for nothing. That's my opinion. Not financial or investment advice.
12-27-2020 Intel Guru Frank26 Why aren't you worried about what's going on [the deflation to 1460]? Because this is being used to retrieve the three zero notes and because IMO I feel very strongly that the budget does not have this 1450 rate. Nor does the HCL. Nor do the white papers. So why should I worry about 1450...
12-27-2020 Newshound Guru Jeff Article: "The International Monetary announces support for the Iraqi government's measures for "economic reform" What they're telling you that what they did last Sunday whey they devalued their currency they started the reforms...they're telling you it's a step of the reforms. They're telling you this is the start of the reforms...So Iraq has officially started the reforms...they have officially set the 90-days stage for the rate change...
12-27-2020 Newshound Guru MilitiaMan The end game is looking to be upon us. They have entered a state where they need critical recalibrations of economic policies. Think of those policies as being exchange rate oriented. The IMF has told us they are to change the exchange rate within this fiscal year. That runs out on or before 12/31/2020 imo.
12-27-2020 Newshound Guru Pimpy Article: "Baghdad dollar exchange rate is rising". This is good...they set the value at 1450 for $1 dollar. So it's down 40...it's a small move but even so you like to see that it's going in the right direction for us...
12-27-2020 Newshound/Intel Guru Walkingstick (via frank26) the auctions which are now well controlled and were always the cause of this problem...will now increase. They will double - they will triple up their sales of the American dollar... Why? Because this will create a shortage of the IQD three zero notes in the marketplace which in turn forces the merchants and the citizens to exchange the IQD for the USD...By them bringing in their 3 zero notes to the CBI for USDs they're collecting their 3 zeros and fixing up M1, M2, M3 figures. Then they can come out with a rate of 1 to 1 or 1 to 1.45...now [citizens] go ahead and trade them in for the new small category notes...the goal is to take in as many 3 zero...within the next week or two...
12-27-2020 Intel Guru Frank26 When you go to exchange and then what you're going to do after that. You have to know when to hold them and fold them...when the new rate comes out and it's international it will be pegged to the American Dollar inside of a basket...but it cannot grow pegged to the American Dollar..."I'll take the 1 to 1 Frank". Go right ahead but it will float and you need to know how...you've got to know when to hold'm and when to fold'm...
12-26-2020 Newshound Guru Jeff Here's amazing news...they've told us multiple times that when the rate does change they're going to want to shut down and end the currency auctions. That's one of the steps you're seeing right before you... Article "The Central Bank Auctions continues to decline and is witnessing a rate event". They are literally bringing the currency auctions to an end right before you. That's what's going on...you're officially in a 90-day period for the rate change. You're right in the middle of it. They're setting the stage on this right in front of you...
12-26-2020 Newshound/Intel Guru Walkingstick (via frank26) The IMF approved the decrease of the Iraqi dinar but it is a temporary decrease. Why did they do it? ...the number one reason was to bring in...the mattress dinars...
12-26-2020 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK GOVERNOR: WE WILL DOUBLE THE SALE OF THE DOLLAR TO EXCHANGE FIRMS" So it is very clear in this article that the CBI is infusing twice the amount of US dollars in circulation after they made the rate adjustment to 1450. Why? They are attempting to bring the price of the dollar down using the microeconomics law of supply and demand. In doing so will have the adverse effect on the dinar and bring the price of the dinar back up...
12-26-2020 Newshound Guru Kaperoni Central Bank has made a promise that they won't devalue again. I believe they have high aspirations for the success of the private sector and economy in Iraq. And if so, they are correct the dinar can only go up.
12-26-2020 Intel Guru Footforward The devaluation of the dinar is good news…we have had the first devaluation…I expect to see another one. I have expected this to happen for years. I really think our rate to exchange the dinar will be over $3.50.
12-26-2020 Intel Guru Frank26 ...You can not stop this monetary reform. President Trump put Iraq and this whole Middle East and many countries in a position for Iraq to lift the value of their currency...You think the BIS...the whole International world wants to invest at 1450? Of course not. You think this whole pyramid of amazing accomplishments is going to be toppled and collapsed because they decrease their currency? No.
12-26-2020 Newshound Guru Jeff ...let's say Iraq revalued their currency clear up to a dollar. They'd be going from 1500 dinar that equals one dollar clear up to 1 dollar. That is over a thousand percent increase...That type of large rate change has to be coordinated and timed with the budget fiscal period...small rate changes can happen any time. Large rate changes that will impact the value of the currency that the budgets are calculated off of...have to be timed and coordinated with the timing of a fiscal period...
12-26-2020 Newshound/Intel Guru Walkingstick (via frank26) How long are they going to keep this 1470 decreased rate? ...not too long. They got a couple weeks and they can't use all those two weeks.
12-26-2020 Intel Guru Bruce [via WiserNow] ...as much as I would have loved to deliver this blessing – to you by having it happen before Christmas - unfortunately that was not going to be the case... I have an idea of when we are supposed to go but as much as Pres Trump wanted this to be for our Christmas – it is not...we could get notified Tuesday and start Tuesday - or we could get notified Tuesday and start Wednesday... let’s believe our Christmas is coming just a bit later but before the end of 2020 – and the next year would be a terrific year for all of us...
12-26-2020 Newshound/Intel Guru Walkingstick (via frank26) The IMF approved the decrease of the Iraqi dinar but it is a temporary decrease. Why did they do it? ...the number one reason was to bring in...the mattress dinars...
12-26-2020 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK GOVERNOR: WE WILL DOUBLE THE SALE OF THE DOLLAR TO EXCHANGE FIRMS" So it is very clear in this article that the CBI is infusing twice the amount of US dollars in circulation after they made the rate adjustment to 1450. Why? They are attempting to bring the price of the dollar down using the microeconomics law of supply and demand. In doing so will have the adverse effect on the dinar and bring the price of the dinar back up...
12-26-2020 Newshound Guru Kaperoni Central Bank has made a promise that they won't devalue again. I believe they have high aspirations for the success of the private sector and economy in Iraq. And if so, they are correct the dinar can only go up.
12-26-2020 Intel Guru Footforward The devaluation of the dinar is good news…we have had the first devaluation…I expect to see another one. I have expected this to happen for years. I really think our rate to exchange the dinar will be over $3.50.
12-26-2020 Intel Guru Frank26 ...You can not stop this monetary reform. President Trump put Iraq and this whole Middle East and many countries in a position for Iraq to lift the value of their currency...You think the BIS...the whole International world wants to invest at 1450? Of course not. You think this whole pyramid of amazing accomplishments is going to be toppled and collapsed because they decrease their currency? No.
12-26-2020 Newshound Guru Jeff ...let's say Iraq revalued their currency clear up to a dollar. They'd be going from 1500 dinar that equals one dollar clear up to 1 dollar. That is over a thousand percent increase...That type of large rate change has to be coordinated and timed with the budget fiscal period...small rate changes can happen any time. Large rate changes that will impact the value of the currency that the budgets are calculated off of...have to be timed and coordinated with the timing of a fiscal period...
12-26-2020 Newshound/Intel Guru Walkingstick (via frank26) How long are they going to keep this 1470 decreased rate? ...not too long. They got a couple weeks and they can't use all those two weeks.
12-26-2020 Intel Guru Bruce [via WiserNow] ...as much as I would have loved to deliver this blessing – to you by having it happen before Christmas - unfortunately that was not going to be the case... I have an idea of when we are supposed to go but as much as Pres Trump wanted this to be for our Christmas – it is not...we could get notified Tuesday and start Tuesday - or we could get notified Tuesday and start Wednesday... let’s believe our Christmas is coming just a bit later but before the end of 2020 – and the next year would be a terrific year for all of us...
12-25-2020 Intel Guru Frank26 ...When this [RV] happens there will not be a fan fair. There will not be fireworks all over the place. You think the fake media, ABC, NBC, CBS are going to cover it? ...heck no. You know how good that will make President Trump look? The only place you're going to see it is on the CBI website... [NOTE: You can always see the CBI official rate in the left column of this page..]
12-25-2020 Newshound Guru Adam Montana With an official announcement of the move to devalue the currency, many people will be running to sell their "now worthless and doomed" currency. Many larger holders will almost have no choice but to take the loss, selling their dinars back. And Iraq will be sucking up currency from the outside, decreasing the external supply, and therefore decreasing their liabilities, which makes it cheaper for them to RV. This is not rocket science, my friends! This is the kind of announcement they can afford to make, because it works in their benefit. They would never announce a future increase in the exchange rate, because investors would do the opposite - rush to buy dinar, which would cost them money. I could go on for hours. Pages and pages could be written on the reasons this is a solid move for them Pre-RV...Be well, Merry Christmas, and GO RRRVVV!!!
12-25-2020 Newshound Guru Jeff Article: "Unprecedented drop in the Central Bank auctions". This is actually one of the signs we've been looking for is to see the actual amount of money auctioned off or sold through the currency auctions...when they really reduce this figures and numbers that would be one of the signs letting us know that we're actually getting close to the timing of the rate change. Here it is. We wanted to see the overall volume decrease through the currency auctions and that's happened...that's a great sign and exactly what we want to see...
12-25-2020 Newshound/Intel Guru Walkingstick (via frank26) This move [devaluation] that you're seeing - it was expected. You should consider expecting another move in the exchange rate of the Iraqi dinar. Not in a downward direction but in an upward direction...these two weeks we feel that they can get it done. But I want you to respect January...before a country adds value to its currency they normally devalue it...
12-25-2020 Newshound Guru Pimpy Article: "The decision to reduce the dinar: To treat treatment or to stop the collapse" ...The choice was to devalue the dinar. Quote: "The Central Bank of Iraq statement regarding the reduction indicates it must be emphasized here that this change in value of the Iraqi dinar will be a one-time event only and will not be repeated." They have devalued the dinar. It's only going to be done once. And will not be repeated. That's a good thing. It means it can only go up from here.
12-25-2020 Intel Guru Frank26 ...What's going on right now with this change in rate it's having the effect it's supposed to have. A lot of people are now coming into the banks in Iraq with their mattress money...they are doing exactly what the CBI is telling them to do. They are moving faster than ever before. This rate is not a permanent thing. I've said that over and over again and I will continue say it...
12-25-2020 Newshound Guru Adam Montana With an official announcement of the move to devalue the currency, many people will be running to sell their "now worthless and doomed" currency. Many larger holders will almost have no choice but to take the loss, selling their dinars back. And Iraq will be sucking up currency from the outside, decreasing the external supply, and therefore decreasing their liabilities, which makes it cheaper for them to RV. This is not rocket science, my friends! This is the kind of announcement they can afford to make, because it works in their benefit. They would never announce a future increase in the exchange rate, because investors would do the opposite - rush to buy dinar, which would cost them money. I could go on for hours. Pages and pages could be written on the reasons this is a solid move for them Pre-RV...Be well, Merry Christmas, and GO RRRVVV!!!
12-25-2020 Newshound Guru Jeff Article: "Unprecedented drop in the Central Bank auctions". This is actually one of the signs we've been looking for is to see the actual amount of money auctioned off or sold through the currency auctions...when they really reduce this figures and numbers that would be one of the signs letting us know that we're actually getting close to the timing of the rate change. Here it is. We wanted to see the overall volume decrease through the currency auctions and that's happened...that's a great sign and exactly what we want to see...
12-25-2020 Newshound/Intel Guru Walkingstick (via frank26) This move [devaluation] that you're seeing - it was expected. You should consider expecting another move in the exchange rate of the Iraqi dinar. Not in a downward direction but in an upward direction...these two weeks we feel that they can get it done. But I want you to respect January...before a country adds value to its currency they normally devalue it...
12-25-2020 Newshound Guru Pimpy Article: "The decision to reduce the dinar: To treat treatment or to stop the collapse" ...The choice was to devalue the dinar. Quote: "The Central Bank of Iraq statement regarding the reduction indicates it must be emphasized here that this change in value of the Iraqi dinar will be a one-time event only and will not be repeated." They have devalued the dinar. It's only going to be done once. And will not be repeated. That's a good thing. It means it can only go up from here.
12-25-2020 Intel Guru Frank26 ...What's going on right now with this change in rate it's having the effect it's supposed to have. A lot of people are now coming into the banks in Iraq with their mattress money...they are doing exactly what the CBI is telling them to do. They are moving faster than ever before. This rate is not a permanent thing. I've said that over and over again and I will continue say it...
12-24-2020 Intel Guru MarkZ [via PDK] Most of my European and Asian banking sources think we will have money movement on the RV...very early in January. I am hearing this from almost everyone.
12-24-2020 Newshound Guru Jeff ...1460...that's the Central Bank of Iraq's website showing the value of the Iraq dinar against the dollar...Forex shows the value of the dinar against the dollar at 1453...it took Forex 3 days to update and show the real true value of the Iraqi dinar. 3 days. My point is this. When the rate does change...you should only reference the Central Bank of Iraq's website for the rate change. It's the only one that will show it instantly and accurately at the moment it changes... [Note: You can always see the latest official Central Bank of Iraq dinar rate on the left side of this page... ]
12-24-2020 Newshound Guru Adam Montana I've stated multiple times that I expect Iraq to release "bad" news before they RV. Just this last weekend, it was announced that the rate would be changing to 1450... and yes, that is the wrong way. Unless it's not. Someone, please, ask me how much I'm freaking out about this "news"? Ask me how disgruntled I am about the situation. Ask me if I agree that this is the end, Iraq has given up, we wasted our time here. Anyone... anyone? I'm not surprised, not even a little bit, and quite frankly... I'm even more excited about the prospect of a near future RV.
12-24-2020 Newshound Guru Pimpy There's a lot of activity once again in the news regarding the Iraqi dinar. Some very interesting things. Some very curious things...we've got an idea of what they're doing but what is the real play? Article: "Mass demonstrations in front of the Financial Ministry building in Baghdad to condemn the devaluation of the dinar". We knew this was coming.
12-24-2020 Intel Guru Frank26 This devaluation goes against what the IMF said. The IMF said very clearly that the CBI would add value to their currency before the end of this fiscal year. You've got two weeks. How long do you think they're going to keep this rate like that? ...the CBI is very overzealous to make a point to the citizens of Iraq - bring your dog gone dinars in! Your mattress dinars.
12-24-2020 Newshound Guru Jeff CBI's website...1460 dinar equals 1 U.S. dollar...This was planned by design. Here's the two reasons. 1. ...to squeeze more of the 3 zero notes out of the citizens... 2. ...a lot of the dinar actually does go to corruption - into Iran. By them devaluing the dinar it reduces its spread and it puts a huge financial impact on Iran...they had this planned...everything is looking amazing...
12-24-2020 Intel Guru Bruce [via WiserNow] we do know – the Iraqi Dinar rate did change...I know there are Iraqi Americans in this country – that have brand new bank cards – with one computer chip in it...We know that there is a very good rate inherent in those new cards – and the rate is very very close – a little below – but not much – a little below what Dr Shabibbi said that the Iraqi Dinar could support...that statement he made all the way back at the National Chamber of Commerce meeting in Washington DC – and I believe that was in 2012...So 8 years ago the head of the Central Bank of Iraq at the time – made a claim on what the value of the Iraqi dinar rate could sustain – in US dollars – the rate that is on the cards right now is just about there...
12-24-2020 Intel Guru Frank26 1450 is not a fake rate. Forex doesn't care what they put on their site. They're not responsible for you...They're not responsible to educate you on what the true rate is.
12-24-2020 Newshound Guru Jeff ...1460...that's the Central Bank of Iraq's website showing the value of the Iraq dinar against the dollar...Forex shows the value of the dinar against the dollar at 1453...it took Forex 3 days to update and show the real true value of the Iraqi dinar. 3 days. My point is this. When the rate does change...you should only reference the Central Bank of Iraq's website for the rate change. It's the only one that will show it instantly and accurately at the moment it changes... [Note: You can always see the latest official Central Bank of Iraq dinar rate on the left side of this page... ]
12-24-2020 Newshound Guru Adam Montana I've stated multiple times that I expect Iraq to release "bad" news before they RV. Just this last weekend, it was announced that the rate would be changing to 1450... and yes, that is the wrong way. Unless it's not. Someone, please, ask me how much I'm freaking out about this "news"? Ask me how disgruntled I am about the situation. Ask me if I agree that this is the end, Iraq has given up, we wasted our time here. Anyone... anyone? I'm not surprised, not even a little bit, and quite frankly... I'm even more excited about the prospect of a near future RV.
12-24-2020 Newshound Guru Pimpy There's a lot of activity once again in the news regarding the Iraqi dinar. Some very interesting things. Some very curious things...we've got an idea of what they're doing but what is the real play? Article: "Mass demonstrations in front of the Financial Ministry building in Baghdad to condemn the devaluation of the dinar". We knew this was coming.
12-24-2020 Intel Guru Frank26 This devaluation goes against what the IMF said. The IMF said very clearly that the CBI would add value to their currency before the end of this fiscal year. You've got two weeks. How long do you think they're going to keep this rate like that? ...the CBI is very overzealous to make a point to the citizens of Iraq - bring your dog gone dinars in! Your mattress dinars.
12-24-2020 Newshound Guru Jeff CBI's website...1460 dinar equals 1 U.S. dollar...This was planned by design. Here's the two reasons. 1. ...to squeeze more of the 3 zero notes out of the citizens... 2. ...a lot of the dinar actually does go to corruption - into Iran. By them devaluing the dinar it reduces its spread and it puts a huge financial impact on Iran...they had this planned...everything is looking amazing...
12-24-2020 Intel Guru Bruce [via WiserNow] we do know – the Iraqi Dinar rate did change...I know there are Iraqi Americans in this country – that have brand new bank cards – with one computer chip in it...We know that there is a very good rate inherent in those new cards – and the rate is very very close – a little below – but not much – a little below what Dr Shabibbi said that the Iraqi Dinar could support...that statement he made all the way back at the National Chamber of Commerce meeting in Washington DC – and I believe that was in 2012...So 8 years ago the head of the Central Bank of Iraq at the time – made a claim on what the value of the Iraqi dinar rate could sustain – in US dollars – the rate that is on the cards right now is just about there...
12-24-2020 Intel Guru Frank26 1450 is not a fake rate. Forex doesn't care what they put on their site. They're not responsible for you...They're not responsible to educate you on what the true rate is.
12-23-2020 Intel Guru Bruce [via WiserNow] There were a handful of bankers that were doing some illegal things...it ends up that those 5 individuals were extricated from 2 main banks...So we were slowed down by this activity...this process is rolling out so very slowly...now I’m not so sure we’re going to get anything for us...in the way of notifications and the start of our exchanges – before Christmas...the information I have from 2 sources – are saying the information is - we are starting either the 1st or 2nd or the 3rd day after Christmas...we would take it all the way up to/through the 4th of January...it was the President’s goal – to get this out - at least get it started - before Christmas - now it looks doubtful...So everything is still on track – it’s just that the train has slowed down a little bit for us...
12-23-2020 Newshound Guru Jeff Article: "The Iraqi Council of Ministers approves the 2021 Budget" They told you it'll take approximately 45 days for parliament to approve it and they told you it won't be approved until February. Everything's right on track. Their fiscal year starts April 1st that's why the budget won't be done until February sometime. Everything is right on track - moving in the right direction...
12-23-2020 Intel Guru MarkZ [via PDK] [What about the articles...that the Iraqi Dinar is a junk currency and basically useless?] This is the same playbook they used on the revaluation of Kuwait…. Days or weeks before the Kuwait RV it devalued…China in the 90’s before they revalued…they devalued…so I am excited to see those articles about the dinar coming out…we were told to expect them just before the revaluation or reinstatement of the dinar.
12-23-2020 Newshound Guru Pimpy Article: "The exchange rate of the dollar in Iraq go down to 140 thousand per 100 dollars" We're seeing an appreciation of the dinar. What I mean by that is they set the rate at 1 dollar for 1450 dinars. Already it went from 100 dollars for 145,000 to 140,000. That's a 5,000 difference already. That's not major but...it looks like it's starting improve...let's see if this stays consistent. Let's see if the number of dinars continues to go down. That's what we want to see...
12-23-2020 Intel Guru Frank26 ...IMO they are over trying to collect the 3 zero [notes]...they are determined to bing in more zeros. You can't blame them. The more zeros they leave out there the more money they're going to lose...this is a defensive posture of the CBI to discourage the onslaught of investors buying their currency at a program rate. They would much rather sell it to everybody after they have changed the rate... [post 2 of 2]
12-23-2020 Intel Guru Frank26 There are many layers to what's going on. Let's start pealing them back one at a time. First of all this is going to get rid of speculation...this is very powerful this devaluation. It deters. It puts off whales and sharks. The devaluation is a one time movement for a reason. The reason is monetary reform. Did you notice in the last 3 days that this has come out none of the articles are saying this is permanent - This is the exchange rate forever and ever. No...It's a monetary financial rate for another rate that is about to follow... [post 1 of 2....stay tuned]
12-23-2020 Newshound Guru Jeff They claimed they devalued their currency was because the dinar had devalued against the US dollar. Let's look at the truth in this because I'm telling you Iraq's lying to you...they're telling you the dinar against the dollar is 1460 per dollar. Let's look at Forex...It still tells you on Forex - 1190 dinar equal to 1 U.S. dollar...Forex doesn't lie...this is just a further strategy for the [Iraq] government to squeeze the 3 zero notes out of the citizens. That's exactly what this is...
12-23-2020 Intel Guru Footforward [1450 could mean a rate of 1.45 IQD to the dollar] ...This isn't financial or investment advice, and is my opinion. I expect the rate to be higher.
12-23-2020 Newshound Guru Jeff Article: "The Iraqi Council of Ministers approves the 2021 Budget" They told you it'll take approximately 45 days for parliament to approve it and they told you it won't be approved until February. Everything's right on track. Their fiscal year starts April 1st that's why the budget won't be done until February sometime. Everything is right on track - moving in the right direction...
12-23-2020 Intel Guru MarkZ [via PDK] [What about the articles...that the Iraqi Dinar is a junk currency and basically useless?] This is the same playbook they used on the revaluation of Kuwait…. Days or weeks before the Kuwait RV it devalued…China in the 90’s before they revalued…they devalued…so I am excited to see those articles about the dinar coming out…we were told to expect them just before the revaluation or reinstatement of the dinar.
12-23-2020 Newshound Guru Pimpy Article: "The exchange rate of the dollar in Iraq go down to 140 thousand per 100 dollars" We're seeing an appreciation of the dinar. What I mean by that is they set the rate at 1 dollar for 1450 dinars. Already it went from 100 dollars for 145,000 to 140,000. That's a 5,000 difference already. That's not major but...it looks like it's starting improve...let's see if this stays consistent. Let's see if the number of dinars continues to go down. That's what we want to see...
12-23-2020 Intel Guru Frank26 ...IMO they are over trying to collect the 3 zero [notes]...they are determined to bing in more zeros. You can't blame them. The more zeros they leave out there the more money they're going to lose...this is a defensive posture of the CBI to discourage the onslaught of investors buying their currency at a program rate. They would much rather sell it to everybody after they have changed the rate... [post 2 of 2]
12-23-2020 Intel Guru Frank26 There are many layers to what's going on. Let's start pealing them back one at a time. First of all this is going to get rid of speculation...this is very powerful this devaluation. It deters. It puts off whales and sharks. The devaluation is a one time movement for a reason. The reason is monetary reform. Did you notice in the last 3 days that this has come out none of the articles are saying this is permanent - This is the exchange rate forever and ever. No...It's a monetary financial rate for another rate that is about to follow... [post 1 of 2....stay tuned]
12-23-2020 Newshound Guru Jeff They claimed they devalued their currency was because the dinar had devalued against the US dollar. Let's look at the truth in this because I'm telling you Iraq's lying to you...they're telling you the dinar against the dollar is 1460 per dollar. Let's look at Forex...It still tells you on Forex - 1190 dinar equal to 1 U.S. dollar...Forex doesn't lie...this is just a further strategy for the [Iraq] government to squeeze the 3 zero notes out of the citizens. That's exactly what this is...
12-23-2020 Intel Guru Footforward [1450 could mean a rate of 1.45 IQD to the dollar] ...This isn't financial or investment advice, and is my opinion. I expect the rate to be higher.
12-22-2020 Intel Guru Frank26 We have a change in the Iraqi dinar but it was a decrease. You took away purchasing power? ...this is a great misdirection. A great head fake...China and Kuwait did the same thing. This is brilliant. Masterful... the exchange rate is going to change again. It's not going to stay at 1450...
12-22-2020 Intel Guru MarkZ ….We did see a rate change in Iraq….an unpegging similar to what we saw in Kuwait. I am very encouraged by this.
12-22-2020 Newshound/Intel Guru Mnt Goat Next, what was more amazing is at the same time the CBI also announced they are doubling the amount of US dollars for circulation. ...The CBI is using the principle of supply and demand. ...If this works, and it should, the value of dinar will rise against the dollar as the US dollar drops. Remember the dinar is on a de facto peg to the US dollar...In short, the CBI is manipulating the US dollar to get the dinar to rise...The citizens will then want to take the US dollars and exchange them back to dinars since the dinar will be worth more. The CBI is using the speculators of the US dollar to their advantage...This switch back to dinar is going to happen suddenly and without notice much like the devaluation just happened. ...This is when they will issue the lower denominations and the fun begins. It’s all in the timing. Then the fun begins…I feel we will see the rate get better than the 1190 (84 cents) and closer to 1.00. This will happen all of a sudden almost with amazement and shock. [post 2 of 2]
12-22-2020 Newshound/Intel Guru Mnt Goat I see that there is so much concern about the latest news about how the CBI is now setting the old dinar rate of 1190 (about 84 cents) to 1450 (about 69 cents). What is the CBI doing? I know we all expected the program rate to get closer 1.00 from the 84 cents prior to the project to delete the zeros. So, what happened and why is the CBI doing this and doing it now? ...by doing this the CBI is cutting out the spread that is made in the currency auctions and money exchangers. ...by having done this it is hurting the banks and their profit margins and the money laundering going to Iran. Next, it is forcing the banks to invest in other profitable ventures and not get so dependent on the currency auction revenues, which are going to end soon. [post 1 of 2....stay tuned]
12-22-2020 Intel Guru Frank26 ...Back in the 1990's...China takes their newspaper, they take a full page and it was a disclaimer from the Chinese government saying 'We're not going to raise the value of our currency...' Three days later...the IMF announces that the Chinese currency has gone up in value. Kuwait in the late 1990's did the same thing...why did you do what you did? ...Kuwait and China say it's because we're going through a monetary reform with our currency. Iraq is going through the same thing...what they're doing right now is a one time thing. This 1450 is only for a short time. [post 2 of 2]
12-22-2020 Intel Guru Frank26 We have a situation where the CBI is coming out and saying we have a new exchange rate for the Iraqi dinar. Don't we have a bunch of articles that said 'we're working very hard to raise the value of the dinar?' Don't we have the IMF that said 'Iraq is going to lift the value of their currency before the end of this fiscal year?' We told you the value of the Iraq dinar was going to go up based on all the articles. These articles are powerful because they come from the horse's mouth not our opinion. So what happened? [post 1 of 2...stay tuned]
12-22-2020 Newshound Guru MilitiaMan Article quote: "...the bank is preparing to launch a package of measures that will achieve a shifting balance in the exchange rate for the year 2021..." They are preparing a package of measures that will balance the 2021 Exchange rate. Well, it will not be a future devalued rate of 1460 be sure, imo!! That is to be challenged, rejected or amended. imo...
12-22-2020 Newshound Guru Kaperoni ...The CBI is trying to maintain stability that is a given but it pertains to the market rate and there are several reasons why stability is important... As for the official CBI rate that rate could go up if the conditions are appropriate. Over the last several years they haven't passed the laws or created any suitable investment environment etc. so it hasn't. But believe me once all of that stuff is in place and millions or billions of dollars are pouring in for investment in a private sector/market economy the official rate will change via a float...
12-22-2020 Intel Guru MarkZ ….We did see a rate change in Iraq….an unpegging similar to what we saw in Kuwait. I am very encouraged by this.
12-22-2020 Newshound/Intel Guru Mnt Goat Next, what was more amazing is at the same time the CBI also announced they are doubling the amount of US dollars for circulation. ...The CBI is using the principle of supply and demand. ...If this works, and it should, the value of dinar will rise against the dollar as the US dollar drops. Remember the dinar is on a de facto peg to the US dollar...In short, the CBI is manipulating the US dollar to get the dinar to rise...The citizens will then want to take the US dollars and exchange them back to dinars since the dinar will be worth more. The CBI is using the speculators of the US dollar to their advantage...This switch back to dinar is going to happen suddenly and without notice much like the devaluation just happened. ...This is when they will issue the lower denominations and the fun begins. It’s all in the timing. Then the fun begins…I feel we will see the rate get better than the 1190 (84 cents) and closer to 1.00. This will happen all of a sudden almost with amazement and shock. [post 2 of 2]
12-22-2020 Newshound/Intel Guru Mnt Goat I see that there is so much concern about the latest news about how the CBI is now setting the old dinar rate of 1190 (about 84 cents) to 1450 (about 69 cents). What is the CBI doing? I know we all expected the program rate to get closer 1.00 from the 84 cents prior to the project to delete the zeros. So, what happened and why is the CBI doing this and doing it now? ...by doing this the CBI is cutting out the spread that is made in the currency auctions and money exchangers. ...by having done this it is hurting the banks and their profit margins and the money laundering going to Iran. Next, it is forcing the banks to invest in other profitable ventures and not get so dependent on the currency auction revenues, which are going to end soon. [post 1 of 2....stay tuned]
12-22-2020 Intel Guru Frank26 ...Back in the 1990's...China takes their newspaper, they take a full page and it was a disclaimer from the Chinese government saying 'We're not going to raise the value of our currency...' Three days later...the IMF announces that the Chinese currency has gone up in value. Kuwait in the late 1990's did the same thing...why did you do what you did? ...Kuwait and China say it's because we're going through a monetary reform with our currency. Iraq is going through the same thing...what they're doing right now is a one time thing. This 1450 is only for a short time. [post 2 of 2]
12-22-2020 Intel Guru Frank26 We have a situation where the CBI is coming out and saying we have a new exchange rate for the Iraqi dinar. Don't we have a bunch of articles that said 'we're working very hard to raise the value of the dinar?' Don't we have the IMF that said 'Iraq is going to lift the value of their currency before the end of this fiscal year?' We told you the value of the Iraq dinar was going to go up based on all the articles. These articles are powerful because they come from the horse's mouth not our opinion. So what happened? [post 1 of 2...stay tuned]
12-22-2020 Newshound Guru MilitiaMan Article quote: "...the bank is preparing to launch a package of measures that will achieve a shifting balance in the exchange rate for the year 2021..." They are preparing a package of measures that will balance the 2021 Exchange rate. Well, it will not be a future devalued rate of 1460 be sure, imo!! That is to be challenged, rejected or amended. imo...
12-22-2020 Newshound Guru Kaperoni ...The CBI is trying to maintain stability that is a given but it pertains to the market rate and there are several reasons why stability is important... As for the official CBI rate that rate could go up if the conditions are appropriate. Over the last several years they haven't passed the laws or created any suitable investment environment etc. so it hasn't. But believe me once all of that stuff is in place and millions or billions of dollars are pouring in for investment in a private sector/market economy the official rate will change via a float...
12-21-2020 *** Dinar Guru Newsflash *** The Central Bank of Iraq has made a rate change Sunday. The new official dinar exchange rate is 1460. They increased the rate 270 points. This is a devaluation and not what we want to see. Long term, is this good news or bad news? Stay tuned as the gurus chime in on what this unexpected move means to the future outlook of Iraq and the dinar... [Note: You can always see the CBI official rates listed in the left column of this page.] The latest guru posts will continue below...
12-21-2020 Newshound Guru MilitiaMan Article: "Lowering the price of the currency .. What are its implications for the national economy?" The adjustment to 1460 is a devaluation. They are not going into a market economy with that. They didn't at 1190, so with the further negative adjustment they won't either imo...the US FED RESERVE says they can...devalue and revalue. A revaluation to a supported market based exchange rate can change things quickly and on many fronts...
12-21-2020 Intel Guru MarkZ [via PDK] The big news this weekend was the complete unpegging from Iraq …we saw the dropping in value…which was expected and one of the signs I was told to watch for 15 years ago…I was told to watch it devalue before it starts moving up…. I am personally very excited to see that change in value. We have a great week to watch. It only took a week or so when they unpegged the Kuwaiti dinar before we saw a change in value…I think this week will be a big one for us as we watch this play out. We will at least have a good idea what our timing is this week.
12-21-2020 Newshound/Intel Guru tman23 Seen the IQD devaluation on ABC news, and to take place after first of the year. Quite frankly, not a surprise or shock due to the fact Shabibi said the change to currency and lifting the 3 zeroes MUST COME AT THE START OF THE NEW YEAR and not in a quarter or middle of the year. The New Year is because banks start their books for the fiscal year and this is the only time this change can occur. A few years ago the budget calculated that a rate might be around 67 cents, today, today’s conditions might take them to 58 cents or thereabouts...Anyhow it’s all speculation but what isn’t is a change after the New Year...A positive part is now to remain anonymous, you can walk into your Bank wearing a mask and not be questioned or look suspicious LMAO...
12-21-2020 Intel Guru MarkZ [via PDK] How about that 1450? I know a lot of folks are concerned when they saw the dinar rate lowered…This is exactly what we have been waiting to see…it’s one of the signs that things are moving. We saw this in Kuwait…We saw this in China. We have seen this almost every time just before a revaluation or reinstatement…this is good news.
12-21-2020 Newshound Guru Jeff Iraq just basically came out saying that the value of the dinar against the dollar has devalued...devaluing the currency, which is reducing purchasing power - it's a last-ditch effort to squeeze the three zero notes out of the citizens. That's all this is...a last-ditch effort to reduce the amount of dinar in the county of Iraq...it's nothing more than a distraction to mislead us, confuse us and to get us to get rid of our dinar...
12-21-2020 Newshound Guru Kaperoni As we watch events unfold the past week in Iraq, it appears that Iraq has decided to finally float the dinar. Today's initial devaluation appears to be the first step in this process. Many asked me if they floated what would the rate be? I said...right where it is right now! This devaluation hopefully will be the beginning of good things to come. With the initial devaluation to 1460, it should clear the way for Iraq to launch the private sector. And in doing so, begin to create a market economy. The result hopefully will raise the value. Only time will tell. The next several months should tell a story as to whether or not Iraq's economy is going to rebound and take off. Today was the first step...
12-21-2020 Newshound Guru Pimpy Article "Parliament will extend its legislative territory with the arrival of the budget next week" Quote: "a draft of the physical budget version of 2021 which included a fixing the exchange rate of the dollar against the dinar to 1450." ...you could buy 1190 dinar for 1 dollar. What that means is now you could buy 1450 dinar for $1. That's not good. It's going in the wrong direction. We need this number to shrink...
12-21-2020 Intel Guru MarkZ [via PDK] The big news this weekend was the complete unpegging from Iraq …we saw the dropping in value…which was expected and one of the signs I was told to watch for 15 years ago…I was told to watch it devalue before it starts moving up…. I am personally very excited to see that change in value. We have a great week to watch. It only took a week or so when they unpegged the Kuwaiti dinar before we saw a change in value…I think this week will be a big one for us as we watch this play out. We will at least have a good idea what our timing is this week.
12-21-2020 Newshound/Intel Guru tman23 Seen the IQD devaluation on ABC news, and to take place after first of the year. Quite frankly, not a surprise or shock due to the fact Shabibi said the change to currency and lifting the 3 zeroes MUST COME AT THE START OF THE NEW YEAR and not in a quarter or middle of the year. The New Year is because banks start their books for the fiscal year and this is the only time this change can occur. A few years ago the budget calculated that a rate might be around 67 cents, today, today’s conditions might take them to 58 cents or thereabouts...Anyhow it’s all speculation but what isn’t is a change after the New Year...A positive part is now to remain anonymous, you can walk into your Bank wearing a mask and not be questioned or look suspicious LMAO...
12-21-2020 Intel Guru MarkZ [via PDK] How about that 1450? I know a lot of folks are concerned when they saw the dinar rate lowered…This is exactly what we have been waiting to see…it’s one of the signs that things are moving. We saw this in Kuwait…We saw this in China. We have seen this almost every time just before a revaluation or reinstatement…this is good news.
12-21-2020 Newshound Guru Jeff Iraq just basically came out saying that the value of the dinar against the dollar has devalued...devaluing the currency, which is reducing purchasing power - it's a last-ditch effort to squeeze the three zero notes out of the citizens. That's all this is...a last-ditch effort to reduce the amount of dinar in the county of Iraq...it's nothing more than a distraction to mislead us, confuse us and to get us to get rid of our dinar...
12-21-2020 Newshound Guru Kaperoni As we watch events unfold the past week in Iraq, it appears that Iraq has decided to finally float the dinar. Today's initial devaluation appears to be the first step in this process. Many asked me if they floated what would the rate be? I said...right where it is right now! This devaluation hopefully will be the beginning of good things to come. With the initial devaluation to 1460, it should clear the way for Iraq to launch the private sector. And in doing so, begin to create a market economy. The result hopefully will raise the value. Only time will tell. The next several months should tell a story as to whether or not Iraq's economy is going to rebound and take off. Today was the first step...
12-21-2020 Newshound Guru Pimpy Article "Parliament will extend its legislative territory with the arrival of the budget next week" Quote: "a draft of the physical budget version of 2021 which included a fixing the exchange rate of the dollar against the dinar to 1450." ...you could buy 1190 dinar for 1 dollar. What that means is now you could buy 1450 dinar for $1. That's not good. It's going in the wrong direction. We need this number to shrink...
12-20-2020 Newshound/Intel Guru RVAlready [The article of them lowering the value is of no consequence in the expectation of them RI their currency...we are in the midst of motion to that goal now.] ...I expect this will just pop out of nowhere. I don’t think they want anyone to figure this out.
12-20-2020 Intel Guru RayRen98 ANOTHER RATE CHANGE IS ANTICIPATED FOR IRAQ...TIME WILL TELL...SOME BANK STAFF ARE TO REPORT "BEFORE" 6 AM. THEY SAY THEY EXPECT THIS TO BE IT! TIME WILL TELL...
12-20-2020 Intel Guru Footforward [is the dong raising in value soon] Vietnam was still fighting Trump on a rate last I heard. That's part of why they are being called out now.
12-20-2020 Newshound Guru Pimpy Why you should not panic...we know what's going on. They are announcing the rate change has increased. There are lots of articles about it. Washington Post Article: "Iraq's central bank devalues dinar by 22% amid public anger" ...Here's what's going on. They're devaluing their dollars...I don't feel discouraged one way or the other about this...I don't anticipate this rate change being long term. Iraq is going to be the gateway into the Middle East. There's no doubt about it. Once they start rebuilding it's really going to take off...the stronger the economy becomes the stronger their currency becomes... This might be their way of shaking speculators off of the dinar. They're trying to get you to stop buying dinar...
12-20-2020 Newshound Guru Kaperoni ...the Central Bank of Iraq will officially devalue the dinar this Sunday to 1450 to $1...I do think they will end up floating and then anything is possible.
12-20-2020 Newshound Guru Jeff Iraq did indeed changed their exchange rate today [Devalued to 1460]...it's really not a big deal...Why did Iraq do this? Iraq's inflation was sliding a little bit. It was rising...up to about .8%. That's the reason they devalued it. They still have very low inflation. They're still below 1%. So they just had to devalue the currency a little bit...this is nothing major...this move has nothing to do with economic reforms. This is just a band-aid...this is not a "rate change"...this is nothing more than a hiccup...
12-20-2020 Newshound Guru Pimpy Yep. I know. I see it. There is a lot of talk about what's going on over there in Iraq...about the Iraqi dinar exchange rate and what we're seeing in the news...there is a lot of speculation as always...keep in mind no matter what anybody says it's all speculation...it is all over the news about the rate...
12-20-2020 Newshound Guru MilitiaMan Article: "Before launching the new dollar rate, find out how much you will lose from your salary and how much it will become actual?" Again they have not come all this way to devalue, imo... It makes no sense to anyone. Especially the international markets.. It is laughable... imo They are telling us why they wont devalue, imo... It harms the citizens...The monetary illusion is that they are going to 1450 when they reduce the three zeros, the illusion goes away and purchase power is still be powerful imo. Why would the FM [Minister of Finance] be bragging about a devaluation? Makes one shake their head...Big time. So when reducing the zeros, gets the real income and purchase power!! imo...
12-20-2020 Intel Guru RayRen98 ANOTHER RATE CHANGE IS ANTICIPATED FOR IRAQ...TIME WILL TELL...SOME BANK STAFF ARE TO REPORT "BEFORE" 6 AM. THEY SAY THEY EXPECT THIS TO BE IT! TIME WILL TELL...
12-20-2020 Intel Guru Footforward [is the dong raising in value soon] Vietnam was still fighting Trump on a rate last I heard. That's part of why they are being called out now.
12-20-2020 Newshound Guru Pimpy Why you should not panic...we know what's going on. They are announcing the rate change has increased. There are lots of articles about it. Washington Post Article: "Iraq's central bank devalues dinar by 22% amid public anger" ...Here's what's going on. They're devaluing their dollars...I don't feel discouraged one way or the other about this...I don't anticipate this rate change being long term. Iraq is going to be the gateway into the Middle East. There's no doubt about it. Once they start rebuilding it's really going to take off...the stronger the economy becomes the stronger their currency becomes... This might be their way of shaking speculators off of the dinar. They're trying to get you to stop buying dinar...
12-20-2020 Newshound Guru Kaperoni ...the Central Bank of Iraq will officially devalue the dinar this Sunday to 1450 to $1...I do think they will end up floating and then anything is possible.
12-20-2020 Newshound Guru Jeff Iraq did indeed changed their exchange rate today [Devalued to 1460]...it's really not a big deal...Why did Iraq do this? Iraq's inflation was sliding a little bit. It was rising...up to about .8%. That's the reason they devalued it. They still have very low inflation. They're still below 1%. So they just had to devalue the currency a little bit...this is nothing major...this move has nothing to do with economic reforms. This is just a band-aid...this is not a "rate change"...this is nothing more than a hiccup...
12-20-2020 Newshound Guru Pimpy Yep. I know. I see it. There is a lot of talk about what's going on over there in Iraq...about the Iraqi dinar exchange rate and what we're seeing in the news...there is a lot of speculation as always...keep in mind no matter what anybody says it's all speculation...it is all over the news about the rate...
12-20-2020 Newshound Guru MilitiaMan Article: "Before launching the new dollar rate, find out how much you will lose from your salary and how much it will become actual?" Again they have not come all this way to devalue, imo... It makes no sense to anyone. Especially the international markets.. It is laughable... imo They are telling us why they wont devalue, imo... It harms the citizens...The monetary illusion is that they are going to 1450 when they reduce the three zeros, the illusion goes away and purchase power is still be powerful imo. Why would the FM [Minister of Finance] be bragging about a devaluation? Makes one shake their head...Big time. So when reducing the zeros, gets the real income and purchase power!! imo...
12-19-2020 Newshound/Intel Guru Mnt Goat Article: "WEIGHTS THAT THE 2021 BUDGET WILL NOT BE APPROVED UNTIL NEXT FEBRUARY" appears they do not want the public to know the rinstatement rate until after the event happens. They are holding it up until after the early part of January.
12-19-2020 Newshound Guru Pimpy Don't trip yet. We see it now...the rate change is going to happen in 2021. What it is we don't know. But they're eluding to it's not going to go in a good direction. That they are going to devalue the currency is what it looks like. But they've done this before. They came out going in the opposite direction. We'll see...
12-19-2020 Newshound/Intel Guru Mnt Goat Article: "BAGHDAD THE INTERNATIONAL MONETARY FUND IS NEGOTIATING TO DETERMINE THE EXCHANGE RATE" ...this past week I have readers commenting to me that the exchange rate of the Iraqi dinar has been devalued. They are all upset. Really?...That’s news to the CBI and me. No, it has not been devalued...They are NOT going to devalue the dinar nor have they already...These other articles are just opinion and not policy.
12-19-2020 Guest Guru Redd Starr ...What we have witnessed over the last month or two is nothing short of spectacular. I've spent a few years in Iraq/Kuwait to understand that this time, we are very close. I've been involved since 2005 and I can honestly tell you, that if things continue the way they are going, we will see a dramatic change by the second week of 2021. Don't be fooled by the initial rate...Do NOT give your Dinars up to anyone but a bank. We are very close...!
12-19-2020 Newshound/Intel Guru RVAlready [Are we till looking forward to Christmas for this to RV] Looks like still before Christmas. The sooner, the better, I think.
12-19-2020 Newshound/Intel Guru David M. Witty Iraqi Finance Ministry: the economic crisis is caused by a lack of oil imports & years of mismanagement of our economic system. We will raise the exchange rate but only once & ensure it remains fixed. We have to continue reform.
12-19-2020 Newshound Guru Pimpy Article: "Representative economy meets with the governor of the Central Bank" It looks like they are officially going to change the rate in the wrong direction for us. They are going to devalue it. I don't want you to get discouraged over bad news. We don't care about what they say. We care about what they do. So let's see what happens. Even if they do come out with this...I would not be fooled at all...we don't know what the rate change is going to be. This has happened before. They say one thing and then suddenly something else happens...But even if they come out and they did raise the rate I would not be discouraged. Just hang tight. Once they start to rebound then you're going to see the rate change go in our direction - The better direction in increments at a time.
12-19-2020 Newshound/Intel Guru Mnt Goat ...This speculation is essentially creating its own kind of FREE float using the program rate and not even on FOREX. This is dangerous and just the issues that economists and financial analysts warned us of. This is why the CBI cannot and will not put the dinar on a free float while on the program rate. ...The bottom line is this – the CBI needs to pull the trigger and complete the project to delete the zeros, then move to reinstate the dinar back on the global markets...The plan is being carried out and they fully intend to move ahead with the dinar and its currency reform...It must be done and they know it...the CBI is trying to do it and they plan to do it. This is the good news... [post 2 of 2]
12-19-2020 Newshound/Intel Guru Mnt Goat The exchange rates of the dollar against the Iraqi dinar in the markets of Baghdad and Kurdistan rose again after witnessing fluctuations during the past days. ...The Deputy Speaker of the Iraqi Parliament, Bashir Al-Haddad, denied, on Wednesday, what was circulated regarding the entry of the Iraqi government into negotiations with the International Monetary Fund to reduce the price of the Iraqi dinar against the US dollar or the secret printing of trillions of dinars by the CBI...The CBI and the Finance Committee asserted that these rumors are just untrue...I am still hearing that the CBI plans to delete the zeros but these rumors and lies is slowing down the process... [post 1 of 2....stay tuned]
12-19-2020 Newshound Guru Pimpy "The Financial Committee announces the details of its meeting with the governor of the Central Bank regarding the price of the dollar" Don't be fooled by this...What I think they are trying to do is discourage people from buying them or to get people to turn them in. I could be wrong. I'm just saying this did happen with Kuwait. They told everybody no rate change was going to happen for a while and in fact they were going to go ahead and increase it but they didn't. Two days later they came out Boomshakalaka!
12-19-2020 Newshound Guru Pimpy Don't trip yet. We see it now...the rate change is going to happen in 2021. What it is we don't know. But they're eluding to it's not going to go in a good direction. That they are going to devalue the currency is what it looks like. But they've done this before. They came out going in the opposite direction. We'll see...
12-19-2020 Newshound/Intel Guru Mnt Goat Article: "BAGHDAD THE INTERNATIONAL MONETARY FUND IS NEGOTIATING TO DETERMINE THE EXCHANGE RATE" ...this past week I have readers commenting to me that the exchange rate of the Iraqi dinar has been devalued. They are all upset. Really?...That’s news to the CBI and me. No, it has not been devalued...They are NOT going to devalue the dinar nor have they already...These other articles are just opinion and not policy.
12-19-2020 Guest Guru Redd Starr ...What we have witnessed over the last month or two is nothing short of spectacular. I've spent a few years in Iraq/Kuwait to understand that this time, we are very close. I've been involved since 2005 and I can honestly tell you, that if things continue the way they are going, we will see a dramatic change by the second week of 2021. Don't be fooled by the initial rate...Do NOT give your Dinars up to anyone but a bank. We are very close...!
12-19-2020 Newshound/Intel Guru RVAlready [Are we till looking forward to Christmas for this to RV] Looks like still before Christmas. The sooner, the better, I think.
12-19-2020 Newshound/Intel Guru David M. Witty Iraqi Finance Ministry: the economic crisis is caused by a lack of oil imports & years of mismanagement of our economic system. We will raise the exchange rate but only once & ensure it remains fixed. We have to continue reform.
12-19-2020 Newshound Guru Pimpy Article: "Representative economy meets with the governor of the Central Bank" It looks like they are officially going to change the rate in the wrong direction for us. They are going to devalue it. I don't want you to get discouraged over bad news. We don't care about what they say. We care about what they do. So let's see what happens. Even if they do come out with this...I would not be fooled at all...we don't know what the rate change is going to be. This has happened before. They say one thing and then suddenly something else happens...But even if they come out and they did raise the rate I would not be discouraged. Just hang tight. Once they start to rebound then you're going to see the rate change go in our direction - The better direction in increments at a time.
12-19-2020 Newshound/Intel Guru Mnt Goat ...This speculation is essentially creating its own kind of FREE float using the program rate and not even on FOREX. This is dangerous and just the issues that economists and financial analysts warned us of. This is why the CBI cannot and will not put the dinar on a free float while on the program rate. ...The bottom line is this – the CBI needs to pull the trigger and complete the project to delete the zeros, then move to reinstate the dinar back on the global markets...The plan is being carried out and they fully intend to move ahead with the dinar and its currency reform...It must be done and they know it...the CBI is trying to do it and they plan to do it. This is the good news... [post 2 of 2]
12-19-2020 Newshound/Intel Guru Mnt Goat The exchange rates of the dollar against the Iraqi dinar in the markets of Baghdad and Kurdistan rose again after witnessing fluctuations during the past days. ...The Deputy Speaker of the Iraqi Parliament, Bashir Al-Haddad, denied, on Wednesday, what was circulated regarding the entry of the Iraqi government into negotiations with the International Monetary Fund to reduce the price of the Iraqi dinar against the US dollar or the secret printing of trillions of dinars by the CBI...The CBI and the Finance Committee asserted that these rumors are just untrue...I am still hearing that the CBI plans to delete the zeros but these rumors and lies is slowing down the process... [post 1 of 2....stay tuned]
12-19-2020 Newshound Guru Pimpy "The Financial Committee announces the details of its meeting with the governor of the Central Bank regarding the price of the dollar" Don't be fooled by this...What I think they are trying to do is discourage people from buying them or to get people to turn them in. I could be wrong. I'm just saying this did happen with Kuwait. They told everybody no rate change was going to happen for a while and in fact they were going to go ahead and increase it but they didn't. Two days later they came out Boomshakalaka!
12-18-2020 Intel Guru Footforward [Is it possible they are adjusting the rate prior to dropping .000 off the exchange to get the desired rate post revalue?] if you believe they will just drop the zeros you could make a case for that. I've said very strongly in my opinion they can't just do that. They have to RV higher then one to one.
12-18-2020 Intel Guru Bruce [via WiserNow] We know that there’s a synchronization of events taking place – we know that we have a major move happening either tomorrow [Friday] or over the weekend...but what is coming through now is that President Trump does want us to get started with our...exchanges – in fact...prior to Christmas...The most recent timeframe that I received today – again a very high east coast banking source – was we should look for notifications – this particular source was saying Saturday – Sunday – Monday – possibly Tuesday - but thinking probably start by Monday...
12-18-2020 Newshound Guru Pimpy Article: "The Central Bank is preparing for measures to achieve a balance between the dinar and the dollar" We've been hearing a lot of talk about the rate change...I kind of think what they are going to go ahead and do is raise the exchange rate. But I don't think it's going to be for long at all. We don't care about what they say, we care about what they do. They might say they're going to raise it and then all of a sudden BOOM they lower [Lower it is what we want to see] it's then we're celebrating big time.
12-18-2020 Intel Guru MarkZ [via PDK] ...contacts in Iraq are hopeful they will see the new rate on or by the 21st…We are expecting a lot of news today…so there is a good chance you will hear from me over this weekend. It looks like we are going to see an action packed weekend of news. [Mark do you still believe we're going to have this RV Before Christmas honestly?] IMO if they don’t release it over the weekend…I honestly do not think so until early in January…its down to crunch time and not looking Bueno…
12-18-2020 Newshound Guru Jeff Article: "The Central Bank sets a new price for the dollar starting from Sunday" A bunch of articles have come out where they're talking about physically changing the rate this Sunday. Actually, 'raising the rate' which means devaluing the currency...They are telling you in the news they plan or intend to change the rate Sunday...Are these articles real/truthful? Or are they BS?
12-18-2020 Newshound Guru Pimpy Article: "The Central Bank is preparing for measures to achieve a balance between the dinar and the dollar" Even if they do increase the rate what that means is if they increase it - for every dollar right now I get 1190 dinar. If they increase it I get like 1200 dinars. That's an increase. That's bad. That's devaluing the money. That's bad for us. I don't want you to get discouraged. The fact that they're doing anything with the rate change is good. Even if they increase it. It just means now we'll start seeing some movement on the dinar. It might be going in the wrong direction but I would not be fooled by that. Just hang tight to your dinars...
12-18-2020 Newshound Guru Adam Montana The globalist talk about a "reset" has a ton of losers, and it won't happen. Iraq resetting their value is just one country, with a lot of winners, and not many losers. It's a tiny event that won't rock the entire world, even though our world will be rocked. We are little people. Iraq is a little country, in the grand scheme. While I think a "global reset" would possibly be amazing, and do amazing things, it's also amazingly improbable. The Iraq RV is another story. It's likely, and it's likely soon. [post 2 of 2]
12-18-2020 Newshound Guru Adam Montana [...There's continued talk by powerful globalist groups about a possible "Global Reset"...I'm thinking...a Global RESET COULD mean that all things come out the other end more or less EQUAL - so what could that mean for currencies? Equal would be great, with regards USD/AUD and IQD values, right?] Things will never come out "equal" - That's why an RV is actually possible. Iraq lost a ton of equity/cash/value when they devalued thanks to Saddam. When they ReValue, they are just getting back to their "normal". [post 1 of 2....stay tuned]
12-18-2020 Intel Guru MarkZ [via PDK] [When do you think the RV will go down?] I think anytime from the 21st to mid January based on what is going on right now...based on where people are at in place…the money supply…and whats going on...
12-18-2020 Intel Guru Bruce [via WiserNow] We know that there’s a synchronization of events taking place – we know that we have a major move happening either tomorrow [Friday] or over the weekend...but what is coming through now is that President Trump does want us to get started with our...exchanges – in fact...prior to Christmas...The most recent timeframe that I received today – again a very high east coast banking source – was we should look for notifications – this particular source was saying Saturday – Sunday – Monday – possibly Tuesday - but thinking probably start by Monday...
12-18-2020 Newshound Guru Pimpy Article: "The Central Bank is preparing for measures to achieve a balance between the dinar and the dollar" We've been hearing a lot of talk about the rate change...I kind of think what they are going to go ahead and do is raise the exchange rate. But I don't think it's going to be for long at all. We don't care about what they say, we care about what they do. They might say they're going to raise it and then all of a sudden BOOM they lower [Lower it is what we want to see] it's then we're celebrating big time.
12-18-2020 Intel Guru MarkZ [via PDK] ...contacts in Iraq are hopeful they will see the new rate on or by the 21st…We are expecting a lot of news today…so there is a good chance you will hear from me over this weekend. It looks like we are going to see an action packed weekend of news. [Mark do you still believe we're going to have this RV Before Christmas honestly?] IMO if they don’t release it over the weekend…I honestly do not think so until early in January…its down to crunch time and not looking Bueno…
12-18-2020 Newshound Guru Jeff Article: "The Central Bank sets a new price for the dollar starting from Sunday" A bunch of articles have come out where they're talking about physically changing the rate this Sunday. Actually, 'raising the rate' which means devaluing the currency...They are telling you in the news they plan or intend to change the rate Sunday...Are these articles real/truthful? Or are they BS?
12-18-2020 Newshound Guru Pimpy Article: "The Central Bank is preparing for measures to achieve a balance between the dinar and the dollar" Even if they do increase the rate what that means is if they increase it - for every dollar right now I get 1190 dinar. If they increase it I get like 1200 dinars. That's an increase. That's bad. That's devaluing the money. That's bad for us. I don't want you to get discouraged. The fact that they're doing anything with the rate change is good. Even if they increase it. It just means now we'll start seeing some movement on the dinar. It might be going in the wrong direction but I would not be fooled by that. Just hang tight to your dinars...
12-18-2020 Newshound Guru Adam Montana The globalist talk about a "reset" has a ton of losers, and it won't happen. Iraq resetting their value is just one country, with a lot of winners, and not many losers. It's a tiny event that won't rock the entire world, even though our world will be rocked. We are little people. Iraq is a little country, in the grand scheme. While I think a "global reset" would possibly be amazing, and do amazing things, it's also amazingly improbable. The Iraq RV is another story. It's likely, and it's likely soon. [post 2 of 2]
12-18-2020 Newshound Guru Adam Montana [...There's continued talk by powerful globalist groups about a possible "Global Reset"...I'm thinking...a Global RESET COULD mean that all things come out the other end more or less EQUAL - so what could that mean for currencies? Equal would be great, with regards USD/AUD and IQD values, right?] Things will never come out "equal" - That's why an RV is actually possible. Iraq lost a ton of equity/cash/value when they devalued thanks to Saddam. When they ReValue, they are just getting back to their "normal". [post 1 of 2....stay tuned]
12-18-2020 Intel Guru MarkZ [via PDK] [When do you think the RV will go down?] I think anytime from the 21st to mid January based on what is going on right now...based on where people are at in place…the money supply…and whats going on...
12-17-2020 Intel Guru Footforward [Has anyone else heard that the dinar has devalued even more. That they are planning on declaring bankruptcy?...] Hearing all the rumors and I think this is excellent news! Rumblings about this are designed to get people to sell...I've felt this would happen at the end...
12-17-2020 Newshound Guru Jeff Iraq will not change [the rate] until Iraq announces to you...that Kurdistan and Baghdad have reached an agreement and they have to tell you they've completed the '21 budget and then it's approved. They have to tell you those items...
12-17-2020 Newshound/Intel Guru RVAlready I am still looking at exchange starting before Christmas.
12-17-2020 Newshound Guru Pimpy We need this budget (Iraq's 2021) to get past so we can have an idea of what's going on with the rate change. We'll keep an eye on it. We know what's in there. We just need Erbil and Baghdad to get their you know what together...
12-17-2020 Newshound Guru Adam Montana [...yesterday when i read that they are thinking of devaluing the dinar my heart missed several beats. all i have is hope so, hoping that that is a huge smoke screen...] That's exactly what we want them to say - they aren't going to say "well (WORLD) we are going to raise the value..." They want to rake in as much outside paper as possible, and then RV. I hope the news gets even worse, "soon"...I'm saying what I am saying because it's the truth. BRING ON THE "BAD NEWS"!
12-17-2020 Intel Guru MarkZ [via PDK] [new dinar rate is 145000 to 100 usd] I am very excited about them changing the value…as they unpeg…this is part of the mechanism to allow us to change. [the value is going the wrong way] The Kuwaiti dinar did the same thing. It went backwards right before they spiked it…
12-17-2020 Intel Guru Footforward [Quick question. I saw this video from a "Dinar Investor" who insists that Iraq's Fiscal Year doesn't start until April 1st, and therefore we will probably have to wait until that time frame before we see anything. Is he right about an April 1st start to their Fiscal Year. He said he has "Proof" that is true. What do you know about this?] The fiscal year doesn't matter one iota in my opinion.
12-17-2020 Newshound Guru Jeff ...the rate is not going to change by the end of December. Here's the hard facts...The rate can only change at the beginning of Iraq's new budget fiscal period...Iraq is walking in Kuwaits footsteps. Kuwait changed the rate March 24th 1991. Iraq is going to most likely follow a similar pattern. Kuwait did it on March 24th of '91 simply because they were waiting on their new fiscal year budget period starting April 1st. I know for a fact that is also Iraq's fiscal year. I have confirmed it from a contact that works directly for the government of Iraq...
12-17-2020 Intel Guru Bruce [via WiserNow] ...we’re still in the zone that we thought we would be in like last Thursday and even though we’re still waiting...we’re in the zone and we are in the “realm” of this happening very very soon...I am excited that they wanted - President Trump wanted this to be done prior to Christmas...then we’re all going to have – maybe the best – the most different Christmas we’ve ever had...we are highly expecting something to go down...
12-17-2020 Intel Guru Frank26 ...in my strong opinion the tellers are now going to be introduced to new counting machines...they have the software for the new small category notes that are going to be introduced to the citizens. The tellers this week will be learning the new protocol of the currency and of the new banking system...with their right hand they will hold the new small category notes in order to practice how to use the machine in their left hand. One needs the other...
12-17-2020 Newshound Guru Jeff Iraq will not change [the rate] until Iraq announces to you...that Kurdistan and Baghdad have reached an agreement and they have to tell you they've completed the '21 budget and then it's approved. They have to tell you those items...
12-17-2020 Newshound/Intel Guru RVAlready I am still looking at exchange starting before Christmas.
12-17-2020 Newshound Guru Pimpy We need this budget (Iraq's 2021) to get past so we can have an idea of what's going on with the rate change. We'll keep an eye on it. We know what's in there. We just need Erbil and Baghdad to get their you know what together...
12-17-2020 Newshound Guru Adam Montana [...yesterday when i read that they are thinking of devaluing the dinar my heart missed several beats. all i have is hope so, hoping that that is a huge smoke screen...] That's exactly what we want them to say - they aren't going to say "well (WORLD) we are going to raise the value..." They want to rake in as much outside paper as possible, and then RV. I hope the news gets even worse, "soon"...I'm saying what I am saying because it's the truth. BRING ON THE "BAD NEWS"!
12-17-2020 Intel Guru MarkZ [via PDK] [new dinar rate is 145000 to 100 usd] I am very excited about them changing the value…as they unpeg…this is part of the mechanism to allow us to change. [the value is going the wrong way] The Kuwaiti dinar did the same thing. It went backwards right before they spiked it…
12-17-2020 Intel Guru Footforward [Quick question. I saw this video from a "Dinar Investor" who insists that Iraq's Fiscal Year doesn't start until April 1st, and therefore we will probably have to wait until that time frame before we see anything. Is he right about an April 1st start to their Fiscal Year. He said he has "Proof" that is true. What do you know about this?] The fiscal year doesn't matter one iota in my opinion.
12-17-2020 Newshound Guru Jeff ...the rate is not going to change by the end of December. Here's the hard facts...The rate can only change at the beginning of Iraq's new budget fiscal period...Iraq is walking in Kuwaits footsteps. Kuwait changed the rate March 24th 1991. Iraq is going to most likely follow a similar pattern. Kuwait did it on March 24th of '91 simply because they were waiting on their new fiscal year budget period starting April 1st. I know for a fact that is also Iraq's fiscal year. I have confirmed it from a contact that works directly for the government of Iraq...
12-17-2020 Intel Guru Bruce [via WiserNow] ...we’re still in the zone that we thought we would be in like last Thursday and even though we’re still waiting...we’re in the zone and we are in the “realm” of this happening very very soon...I am excited that they wanted - President Trump wanted this to be done prior to Christmas...then we’re all going to have – maybe the best – the most different Christmas we’ve ever had...we are highly expecting something to go down...
12-17-2020 Intel Guru Frank26 ...in my strong opinion the tellers are now going to be introduced to new counting machines...they have the software for the new small category notes that are going to be introduced to the citizens. The tellers this week will be learning the new protocol of the currency and of the new banking system...with their right hand they will hold the new small category notes in order to practice how to use the machine in their left hand. One needs the other...
12-16-2020 Newshound Guru Jeff Article: "Parliament clarifies the fact that the government entered into negotiations with the International Monetary system to reduce the price of the dinar" ...Quite a few articles coming out telling us that Iraq wants to launch and boost their economy. They want to improve their exchange rate...this article is telling you that all of those statements talking about devaluing the Iraqi dinar are complete BS unless it is stated directly from or by the Central Bank of Iraq...they're telling you they do not have intention of devaluing their currency...
12-16-2020 Newshound/Intel Guru Petra We are down to a very short amount of time based on the IMF's statements from 2 weeks ago. We've got the BIS waiting to invest in the reserves of the Iraq Central Bank...we've go the UST. We've got IMF. The Central Bank. Everybody is ready to go.
12-16-2020 Newshound Guru Adam Montana Quote: "confirmed that the President of the Kurdistan region, Nechirvan Barzani, will visit Baghdad soon to sign a comprehensive oil agreement between the governments of Baghdad and Erbil." Basically, everything we have been witnessing - the increased cooperation between parties. Continued stability of the GOI. Elevated confidence in Iraq from the PTB all over the world. EVERYTHING we are seeing is pointing to HCL, a new Iraq, and an RV. Don't count your chickens just yet, but this is getting REAL. GO RRRVVVV! [post 2 of 2]
12-16-2020 Newshound Guru Adam Montana The writing on the wall is about as clear as it can be...follow along and enjoy! Article: "A Kurdish bloc reveals the fact that Baghdad and Erbil are close to signing a comprehensive oil agreement" ...this is HCL. Quote: "...delaying solutions delays the completion of the 2021 budget law." Are we reading that they want the HCL to pass with or prior to the Budget? It sounds that way! Quote: "the agreement will be included in the general budget law for next year." There we have it, kids! Quote: "the two parties announce within the next two days their new agreement regarding the export of oil and the delivery of customs revenues to the federal government." This would be today. [post 1 of 2...stay tuned]
12-16-2020 Intel Guru MarkZ [via PDK] On the RV front...I have seen no movement. There are still a number of people in place with great expectations of having something done before the 21st. No news out of Iraq…they are still in a holding pattern. Seems like the whole world is in a holding pattern waiting for the shoe to drop...
12-16-2020 Intel Guru Footforward Article: "Dinar value falls as Iraq contemplates currency devaluation" ...we have been waiting at least 7 years for that specific article. And I think it's fantastic...some of us have expected this from Iraq before the rv for a long time.
12-16-2020 Newshound Guru Pimpy Article: "Rapid decline of the Iraqi currency ... 132,000 dinars against 100 US dollars" Is it going in the wrong direction at the moment? Yes it is at the moment. Just at the moment. This isn't the official exchange rate. This is what's going on there internally...they're hearing rumors that they're going to devalue the dinar...I see the rumors going back and forth on whether the dinar is going to devalue or if it's going to increase in value. I'm watching it. As soon as I hear anything official we'll bring that on out.
12-16-2020 Newshound/Intel Guru Petra Article quote: "the exchange rate has reasons and obligations that have decided by the central bank." ...Their words not ours...watch the CBI...it's coming...
12-16-2020 Newshound/Intel Guru Mnt Goat Everything is still on track for early Jan 2021 reinstatement. It is mid-December already and so we should witness the project to delete the zeros sooner than later. Remember that the CBI would like to have 1 to 2 weeks prior to the reinstatement in order to monitor for inflation and make corrections if needed. So we are still moving in the right direction and that is what matters...
12-16-2020 Newshound/Intel Guru Petra We are down to a very short amount of time based on the IMF's statements from 2 weeks ago. We've got the BIS waiting to invest in the reserves of the Iraq Central Bank...we've go the UST. We've got IMF. The Central Bank. Everybody is ready to go.
12-16-2020 Newshound Guru Adam Montana Quote: "confirmed that the President of the Kurdistan region, Nechirvan Barzani, will visit Baghdad soon to sign a comprehensive oil agreement between the governments of Baghdad and Erbil." Basically, everything we have been witnessing - the increased cooperation between parties. Continued stability of the GOI. Elevated confidence in Iraq from the PTB all over the world. EVERYTHING we are seeing is pointing to HCL, a new Iraq, and an RV. Don't count your chickens just yet, but this is getting REAL. GO RRRVVVV! [post 2 of 2]
12-16-2020 Newshound Guru Adam Montana The writing on the wall is about as clear as it can be...follow along and enjoy! Article: "A Kurdish bloc reveals the fact that Baghdad and Erbil are close to signing a comprehensive oil agreement" ...this is HCL. Quote: "...delaying solutions delays the completion of the 2021 budget law." Are we reading that they want the HCL to pass with or prior to the Budget? It sounds that way! Quote: "the agreement will be included in the general budget law for next year." There we have it, kids! Quote: "the two parties announce within the next two days their new agreement regarding the export of oil and the delivery of customs revenues to the federal government." This would be today. [post 1 of 2...stay tuned]
12-16-2020 Intel Guru MarkZ [via PDK] On the RV front...I have seen no movement. There are still a number of people in place with great expectations of having something done before the 21st. No news out of Iraq…they are still in a holding pattern. Seems like the whole world is in a holding pattern waiting for the shoe to drop...
12-16-2020 Intel Guru Footforward Article: "Dinar value falls as Iraq contemplates currency devaluation" ...we have been waiting at least 7 years for that specific article. And I think it's fantastic...some of us have expected this from Iraq before the rv for a long time.
12-16-2020 Newshound Guru Pimpy Article: "Rapid decline of the Iraqi currency ... 132,000 dinars against 100 US dollars" Is it going in the wrong direction at the moment? Yes it is at the moment. Just at the moment. This isn't the official exchange rate. This is what's going on there internally...they're hearing rumors that they're going to devalue the dinar...I see the rumors going back and forth on whether the dinar is going to devalue or if it's going to increase in value. I'm watching it. As soon as I hear anything official we'll bring that on out.
12-16-2020 Newshound/Intel Guru Petra Article quote: "the exchange rate has reasons and obligations that have decided by the central bank." ...Their words not ours...watch the CBI...it's coming...
12-16-2020 Newshound/Intel Guru Mnt Goat Everything is still on track for early Jan 2021 reinstatement. It is mid-December already and so we should witness the project to delete the zeros sooner than later. Remember that the CBI would like to have 1 to 2 weeks prior to the reinstatement in order to monitor for inflation and make corrections if needed. So we are still moving in the right direction and that is what matters...
12-15-2020 *** Dinar Guru Community Update *** Guru Walkingstick had surgery yesterday to remove several tumors from his kidney. This is a very serious and delicate procedure. Please keep him in your thoughts and prayers today. He's been sharing information with all of us for a very long time and is a valued member of the community. Get well soon Guru Walkingstick! Thousands of positive healing prayers headed your way!
12-15-2020 Intel Guru Frank26 We're at the point where the ATM machines are locked and loaded. They are ready to go. They have the software. They have the new small category notes...
12-15-2020 Newshound/Intel Guru Petra ...We listen to them [IMF] when they talk. We listen to the BIS when they talk. And we listen to the World Bank when they talk...all three seem to have the same message going on that we've been watching over the past weeks. If we look internally at Iraq we continue to get the same kind of messages and notifications...watch the CBI...
12-15-2020 Intel Guru MarkZ [via PDK] Article: "Dinar value falls as Iraq contemplates currency devaluation" Why is this story important? I was always told we would see an “unpegging” just before it…and we would also see a “misinformation” campaign similar to the one we saw in Kuwait before they RV’d…..and we are seeing exactly what we saw in Kuwait….and its been happening over the last couple of days. This tells me to look for “value changes” coming soon in Iraq...I am excited about seeing these stories coming out of Iraq. This mirrors what we have seen before revaluations in other countries in modern history.
12-15-2020 Intel Guru Frank26 ...the floor managers right about now...they know. They know what they need to know from the senior executive level...and now this week we believe the tellers are next...it's not a secret anymore. The reason why is the tellers, who are really connected to the citizens - they're next...the next two weeks of December are crucial...
12-15-2020 Newshound/Intel Guru Petra ...we are in the end times with regards to our investment in the Iraqi dinar...we know time is short because the IMF has made a very clear indication in articles about what's going on with the exchange rate. Through the IMF, Iraq has committed to changing their rate prior to the end of the year...That's not coming from us. That's not coming from Iraq. That's coming from the IMF themselves. One of the most influential and powerful organizations in the world...
12-15-2020 Intel Guru MarkZ [via PDK] [Is this week going to be Golden?] We appear to be in the “final days”. [do you think RV before Christmas?] I do think Iraq will have a rate change in Iraq at least- before Christmas. But, I reserve the right to be wrong….
12-15-2020 Newshound/Intel Guru Petra ...We listen to them [IMF] when they talk. We listen to the BIS when they talk. And we listen to the World Bank when they talk...all three seem to have the same message going on that we've been watching over the past weeks. If we look internally at Iraq we continue to get the same kind of messages and notifications...watch the CBI...
12-15-2020 Intel Guru MarkZ [via PDK] Article: "Dinar value falls as Iraq contemplates currency devaluation" Why is this story important? I was always told we would see an “unpegging” just before it…and we would also see a “misinformation” campaign similar to the one we saw in Kuwait before they RV’d…..and we are seeing exactly what we saw in Kuwait….and its been happening over the last couple of days. This tells me to look for “value changes” coming soon in Iraq...I am excited about seeing these stories coming out of Iraq. This mirrors what we have seen before revaluations in other countries in modern history.
12-15-2020 Intel Guru Frank26 ...the floor managers right about now...they know. They know what they need to know from the senior executive level...and now this week we believe the tellers are next...it's not a secret anymore. The reason why is the tellers, who are really connected to the citizens - they're next...the next two weeks of December are crucial...
12-15-2020 Newshound/Intel Guru Petra ...we are in the end times with regards to our investment in the Iraqi dinar...we know time is short because the IMF has made a very clear indication in articles about what's going on with the exchange rate. Through the IMF, Iraq has committed to changing their rate prior to the end of the year...That's not coming from us. That's not coming from Iraq. That's coming from the IMF themselves. One of the most influential and powerful organizations in the world...
12-15-2020 Intel Guru MarkZ [via PDK] [Is this week going to be Golden?] We appear to be in the “final days”. [do you think RV before Christmas?] I do think Iraq will have a rate change in Iraq at least- before Christmas. But, I reserve the right to be wrong….
12-14-2020 Newshound Guru MilitiaMan Article: "Which is the savior of the Iraqi economy ... internal or external financial diversification?" More data to support they are gearing to go out to external markets with and international exchange rate. They are moving to an external debt source of financing in where it creates more investments and creates more jobs for SMEs. By doing so it will support the new market economy and with a better likelihood to be successful in doing so. Iraq has plenty of youths to fit the model.. imo This looks very good.. "Prices that return to normal?" Would that imply they are about ready to go back to the glory days? They say they are going to delete the three zeros from the exchange rate or at least change it during this fiscal year. They also tell us the Dinar is to converge with the Dollar, too. 1:1 in country. imo!
12-14-2020 Intel Guru Footforward [Is the HCL going to finally be implemented and made law!..] that and article 140 should go hand in hand.
12-14-2020 Intel Guru MarkZ [via PDK] [Could this possibly be our week?] Yes it could… So far today...Iraq does not have a change in value of the dinar…they are expecting by mid month and we are right there…right now…hopefully this will be our “Breaking week”... [I just saw on Dinar Guru that the dinar just dropped 20 points.] That is a good sign…it means the dinar is unpegging…look for a dip and then a spike. This is exactly how I was told 15-20 years ago how it would unfold…it is now unfolding as I had heard it would… [So are we looking at a 2021 RV or an 2022 RV?] I think we are in the midst of it right now!!! I think we will know once and for all this week. [Note: You can always see the latest official CBI dinar market rate in the left column on this page.]
12-14-2020 Newshound/Intel Guru Mnt Goat ...the CBI will NOT deviate from the process. This is the process as outlined by Dr. Shabibi in 2011...The only variable is what happens if they do find inflation is taking off in Iraq. This may delay the reinstatement a bit. This could cause problems. But we wait and watch is all we can do.
12-14-2020 Intel Guru Footforward [Is the HCL going to finally be implemented and made law!..] that and article 140 should go hand in hand.
12-14-2020 Intel Guru MarkZ [via PDK] [Could this possibly be our week?] Yes it could… So far today...Iraq does not have a change in value of the dinar…they are expecting by mid month and we are right there…right now…hopefully this will be our “Breaking week”... [I just saw on Dinar Guru that the dinar just dropped 20 points.] That is a good sign…it means the dinar is unpegging…look for a dip and then a spike. This is exactly how I was told 15-20 years ago how it would unfold…it is now unfolding as I had heard it would… [So are we looking at a 2021 RV or an 2022 RV?] I think we are in the midst of it right now!!! I think we will know once and for all this week. [Note: You can always see the latest official CBI dinar market rate in the left column on this page.]
12-14-2020 Newshound/Intel Guru Mnt Goat ...the CBI will NOT deviate from the process. This is the process as outlined by Dr. Shabibi in 2011...The only variable is what happens if they do find inflation is taking off in Iraq. This may delay the reinstatement a bit. This could cause problems. But we wait and watch is all we can do.
12-13-2020 Newshound/Intel Guru Mnt Goat Article: "NEGOTIATIONS BETWEEN IRAQ AND THE "INTERNATIONAL MONETARY" TO DETERMINE THE EXCHANGE RATE OF THE DINAR" Will the IMF approve the reinstatement & float option suggested? This is what the IMF wanted all along.
12-13-2020 Intel Guru Footforward ...There needs to be a clear distinction between exchanging notes in Iraq and having a new rate. They can't have a new in country rate without it being international. They are trying to flush USD and 000 notes out.
12-13-20 Newshound Guru NORV [aka Guru Kaperoni] Luckily for us, the CBI is following the IMF and trying to create a strong dinar...and suitable investment climate so the economy grows...but for that to work, the GOI needs to pass laws and get private investors to come...then and only then will they get off the peg and float...allowing the dinar to gradually rise as a result of investors/ investment.
12-13-2020 Newshound/Intel Guru Mnt Goat ...we all know the value is way beyond what the program rate is. The CBI knows it too. So, let’s talk rate instead. If the rate of a 25,000 note was about $23 today then it will be $23 for the 25 note. No change in value. Get it? Easy! It is just the mind set in the Iraqi people that worries the CBI. How will they mentally deal with going back to the lower denominations. Remember they had lower denominations prior to the 2003 war. These larger three zero notes were only meant to be temporary and so it is time to convert back…finally…! Once this is done then the CBI will watch for inflation for about a week and then pull the trigger on the reinstatement and FLOAT the dinar on FOREX if all goes according to plan. The rate in the US on FOREX will be gauged on the new rate of the dinar according to the new basket it is assigned to. It will get off the “de-facto” peg strictly to the US dollar as it is today.
12-13-2020 Intel Guru Footforward ...There needs to be a clear distinction between exchanging notes in Iraq and having a new rate. They can't have a new in country rate without it being international. They are trying to flush USD and 000 notes out.
12-13-20 Newshound Guru NORV [aka Guru Kaperoni] Luckily for us, the CBI is following the IMF and trying to create a strong dinar...and suitable investment climate so the economy grows...but for that to work, the GOI needs to pass laws and get private investors to come...then and only then will they get off the peg and float...allowing the dinar to gradually rise as a result of investors/ investment.
12-13-2020 Newshound/Intel Guru Mnt Goat ...we all know the value is way beyond what the program rate is. The CBI knows it too. So, let’s talk rate instead. If the rate of a 25,000 note was about $23 today then it will be $23 for the 25 note. No change in value. Get it? Easy! It is just the mind set in the Iraqi people that worries the CBI. How will they mentally deal with going back to the lower denominations. Remember they had lower denominations prior to the 2003 war. These larger three zero notes were only meant to be temporary and so it is time to convert back…finally…! Once this is done then the CBI will watch for inflation for about a week and then pull the trigger on the reinstatement and FLOAT the dinar on FOREX if all goes according to plan. The rate in the US on FOREX will be gauged on the new rate of the dinar according to the new basket it is assigned to. It will get off the “de-facto” peg strictly to the US dollar as it is today.
12-12-2020 Intel Guru RayRen98 ...BANKS WERE FULLY STAFFED TODAY AT THEIR RESPECTIVE EXCHANGE CENTERS...WAITING...LOOKING... ANTICIPATING...THE INEVITABLE.
12-12-2020 Newshound/Intel Guru Mnt Goat Article: "DESPITE ITS DEEP PROBLEMS", AMERICAN MAGAZINE: IRAQ POSSESSES AMAZING POTENTIAL FOR GROWTH AND IS LEADING THE REGION" Iraq is going to be central distribution center for the middle east. It is poised perfectly geographically for this task. It will need a global currency on FOREX.
12-12-2020 Newshound Guru Pimpy Article "The Council of Ministers votes tomorrow on the budget and it reaches Parliament on Tuesday" ...Many of us are interested in seeing what's gong to happen in the 2021 budget because there's a ton of reasons to believe the new rate change is in there so we're looking for that...
12-12-2020 Intel Guru Footforward [Is the general consensus that the dong will rv with the dinar?...] in my opinion at this point the dong will go after the dinar.
12-12-2020 Newshound Guru MilitiaMan Article: "People of experience and confidence .... The Golden Triangle" Quote: "We wish success, success and repayment to the leaders of the Iraqi economy in their difficult mission...will undoubtedly succeed." Sure looks like the have they system ready for change. The are effectively saying thank you to the three in the golden triangle...The minister of finance, the CBI Governor and the Investment Authority. Combine this with the meeting at the Presidents house last night, the Kurds getting their payments simultaneously and the borders with Saudi Arabia are talking about a $ Billion for the year and that in revenues at the borders within days will be upward...upwards imo is an increase...So for all these items and payments, letters of guarantees, salaries, etc. to all be in sync is very telling. They have the Golden Triangle to thank and they are, as this wasn't an endeavor that started yesterday. It has been a massive work in progress. Lets see what they have to say in the coming days...It looks very good, as the rescue is underway. imo.
12-12-2020 Newshound/Intel Guru Mnt Goat Article: "ADVISOR AL-KAZEMI: THE RISE IN THE DOLLAR IS TEMPORARY BUBBLES" The real reason for the spike in the dollar is the speculation when the news came out of the “project to delete the zeros”. Citizens under uncertainty (in their heads) run out and purchase dollars for their dinars. As usual demand brings the price up. But the article was honest in telling us this would be temporary, but not why it would be temporary. But we all know the real reason.
12-12-2020 Newshound Guru Pimpy ...like you I'm curious to see what they're going to put in the budget in terms of a rate. I know you are as well. Nonetheless don't be upset or don't be overly excited when you see the rate. I have a feeling it's going to go up in increments. Keep an eye on it...
12-12-2020 Intel Guru Frank26 Everybody knows there's a rate change coming for the Iraqi dinar. They know about the calculations. They know about the recalculations and the recalculations and the recalculations...IMO they're done...do you understand they're applying it? They are saying by the end of the year they will raise the value of their currency. Of course something could go wrong. Something could delay it. We're talking about 3 weeks. It is well known by everyone that by the end of the year they will raise the value...the articles were not specific. they do no give you date. They did not give you the rate...IMO they're going to be on par with the American dollar...
12-12-2020 Newshound Guru NORV (aka Guru Kaperoni) There is over 40 trillion dinar outside Iraq's banking system within Iraq. As well Iraq's total wealth including oil and all minerals is only 16 trillion dollars. There is no way Iraq can RV the dinar significantly it would absolutely make them broke. It is not possible. If the dinar is ever going to go up in value it will occur as the IMF has stated in the consultation with Iraq...which is to get off the peg and float the dinar allowing it to gradually over time rise. This would allow the CBI to offset inflation caused by significant investment as well as reduce the money supply gradually. It could take several years to accomplish this. This is not my opinion, it is what the IMF said to Iraq.
12-12-2020 Newshound/Intel Guru Mnt Goat Article: "DESPITE ITS DEEP PROBLEMS", AMERICAN MAGAZINE: IRAQ POSSESSES AMAZING POTENTIAL FOR GROWTH AND IS LEADING THE REGION" Iraq is going to be central distribution center for the middle east. It is poised perfectly geographically for this task. It will need a global currency on FOREX.
12-12-2020 Newshound Guru Pimpy Article "The Council of Ministers votes tomorrow on the budget and it reaches Parliament on Tuesday" ...Many of us are interested in seeing what's gong to happen in the 2021 budget because there's a ton of reasons to believe the new rate change is in there so we're looking for that...
12-12-2020 Intel Guru Footforward [Is the general consensus that the dong will rv with the dinar?...] in my opinion at this point the dong will go after the dinar.
12-12-2020 Newshound Guru MilitiaMan Article: "People of experience and confidence .... The Golden Triangle" Quote: "We wish success, success and repayment to the leaders of the Iraqi economy in their difficult mission...will undoubtedly succeed." Sure looks like the have they system ready for change. The are effectively saying thank you to the three in the golden triangle...The minister of finance, the CBI Governor and the Investment Authority. Combine this with the meeting at the Presidents house last night, the Kurds getting their payments simultaneously and the borders with Saudi Arabia are talking about a $ Billion for the year and that in revenues at the borders within days will be upward...upwards imo is an increase...So for all these items and payments, letters of guarantees, salaries, etc. to all be in sync is very telling. They have the Golden Triangle to thank and they are, as this wasn't an endeavor that started yesterday. It has been a massive work in progress. Lets see what they have to say in the coming days...It looks very good, as the rescue is underway. imo.
12-12-2020 Newshound/Intel Guru Mnt Goat Article: "ADVISOR AL-KAZEMI: THE RISE IN THE DOLLAR IS TEMPORARY BUBBLES" The real reason for the spike in the dollar is the speculation when the news came out of the “project to delete the zeros”. Citizens under uncertainty (in their heads) run out and purchase dollars for their dinars. As usual demand brings the price up. But the article was honest in telling us this would be temporary, but not why it would be temporary. But we all know the real reason.
12-12-2020 Newshound Guru Pimpy ...like you I'm curious to see what they're going to put in the budget in terms of a rate. I know you are as well. Nonetheless don't be upset or don't be overly excited when you see the rate. I have a feeling it's going to go up in increments. Keep an eye on it...
12-12-2020 Intel Guru Frank26 Everybody knows there's a rate change coming for the Iraqi dinar. They know about the calculations. They know about the recalculations and the recalculations and the recalculations...IMO they're done...do you understand they're applying it? They are saying by the end of the year they will raise the value of their currency. Of course something could go wrong. Something could delay it. We're talking about 3 weeks. It is well known by everyone that by the end of the year they will raise the value...the articles were not specific. they do no give you date. They did not give you the rate...IMO they're going to be on par with the American dollar...
12-12-2020 Newshound Guru NORV (aka Guru Kaperoni) There is over 40 trillion dinar outside Iraq's banking system within Iraq. As well Iraq's total wealth including oil and all minerals is only 16 trillion dollars. There is no way Iraq can RV the dinar significantly it would absolutely make them broke. It is not possible. If the dinar is ever going to go up in value it will occur as the IMF has stated in the consultation with Iraq...which is to get off the peg and float the dinar allowing it to gradually over time rise. This would allow the CBI to offset inflation caused by significant investment as well as reduce the money supply gradually. It could take several years to accomplish this. This is not my opinion, it is what the IMF said to Iraq.
12-11-2020 Newshound Guru MilitiaMan Article: "Saleh and Al-Kazemi are organizing a large meeting tonight to announce an agreement that ends the region's financing crisis" ...A newly issued international currency with a corrected exchange rate may fix a crisis for many reasons. They are talking about the correction again...The UN was in town talking about a correction too recently, and the UN was wondering why it wasn't done yet in respect to the White Papers and the correction.. (I.E.; EXCHANGE RATE imo). Now they are to be shoulder to shoulder tonight or were. Saleh has stated they have the correcting of the exchange rate from the CBI openly in front of us and that is tonight or was....I suspect if they have had that meeting, they made an announcement about it. At least they say they will have one at the end of the meeting...We shall see what comes of it. Looks good though...imo!
12-11-2020 Intel Guru Bruce [via WiserNow] We could be looking at a Mon-Tues meaning Monday for numbers & emails to be sent out and Tuesday for start of exchanges – or it could all come in on Tuesday – we don’t know that - they are supposed to determine that...tomorrow’s [Friday] call is with US Treasury – Homeland Security – Abbott Downing – and all tier 1 and tier 2 banks...That is happening to determine the “WHEN”... they want to get this done before Christmas – and that is the intention and I believe they have the plan to do that – it’s possible we would start Tuesday – or possibly Wednesday – 15th or 16th...don’t worry about rates – rates are fine – they are very good – and you’re not going to be disappointed at all in that- it’s all good...
12-11-2020 Newshound Guru Walkingstick and Intel Guru Frank26 These last 3 weeks of the month of December IMO they're training the tellers to prepare for the citizens possibly by January 1st. IMO these tellers in the next 2 to 3 weeks are going to be presented brand new counting machines never used or seen before programmed with the new small category notes...
12-11-2020 Intel Guru MarkZ [via PDK] My contacts in Iraq still very much believe that we are in a 5 to 7 day window for a rate change there. It appears to be moving forward so cross your fingers and say your prayers.
12-11-2020 Newshound/Intel Guru Mnt Goat ...we can see first hand the timing of this event is coordinated with the resolution of the 2020 US election and the beginning of the Iraqi fiscal year. The timing could not be any better. It is on its way and we can expect it. ...there is a plan in place and we desperately need this plan to succeed...the timing has to be perfect. Iraq must succeed as well as the US. Everyone should be very patient and relax. It is coming shortly. Can it be stopped? Yes, it can. I know for a FACT that this is the fifth time they have tried this already since 2012-2013 to begin the process of the deletion of the zeros and failed due to circumstances. So when they begin this step there is no turning back. This is why they are slowly and cautiously moving ahead...
12-11-2020 Newshound Guru Pimpy I'm telling you there's a huge buzz going on about the dinar and the reason for that is we've never seen so much talk about it before. Just a lot of it going on...Let's hope that they get finalized...There's a lot of speculation that once the 2021 budget is passed it's going to have whatever the new rate change is. No matter whether it's good or bad don't get overly emotional about what you see. I'm not expecting anything big to happen...if it's bad news don't get down...just hang tight because it's going to improve. I don't think there's any way around it. Having said that I don't think the value is going to go down. There's too many negative effects it has on the economy...most likely a move up is what we're going to see....
12-11-2020 Intel Guru MarkZ [via PDK] [Why is the Iraqi dinar being devalued against the US dollar?] Don’t panic…this is the un-pegging…it’s a important part of the process...
12-11-2020 Intel Guru Frank26 & Boots-on-the-ground Firefly "the television is telling us that the 2021 budget needs a new exchange rate." Everybody knows they're going to raise the value of their currency and they're telling the citizens carefully step by step. Now this is the crescendo. This is the apex. This is the precipice. We're right there. One more step. It's like standing on the edge of a cliff on your tiptoes leaning forward with your arms open looking down with gusts of wind just waiting to knock you over. It's that close. It's as close as your breath is to your lungs..
12-11-2020 Intel Guru Bruce [via WiserNow] We could be looking at a Mon-Tues meaning Monday for numbers & emails to be sent out and Tuesday for start of exchanges – or it could all come in on Tuesday – we don’t know that - they are supposed to determine that...tomorrow’s [Friday] call is with US Treasury – Homeland Security – Abbott Downing – and all tier 1 and tier 2 banks...That is happening to determine the “WHEN”... they want to get this done before Christmas – and that is the intention and I believe they have the plan to do that – it’s possible we would start Tuesday – or possibly Wednesday – 15th or 16th...don’t worry about rates – rates are fine – they are very good – and you’re not going to be disappointed at all in that- it’s all good...
12-11-2020 Newshound Guru Walkingstick and Intel Guru Frank26 These last 3 weeks of the month of December IMO they're training the tellers to prepare for the citizens possibly by January 1st. IMO these tellers in the next 2 to 3 weeks are going to be presented brand new counting machines never used or seen before programmed with the new small category notes...
12-11-2020 Intel Guru MarkZ [via PDK] My contacts in Iraq still very much believe that we are in a 5 to 7 day window for a rate change there. It appears to be moving forward so cross your fingers and say your prayers.
12-11-2020 Newshound/Intel Guru Mnt Goat ...we can see first hand the timing of this event is coordinated with the resolution of the 2020 US election and the beginning of the Iraqi fiscal year. The timing could not be any better. It is on its way and we can expect it. ...there is a plan in place and we desperately need this plan to succeed...the timing has to be perfect. Iraq must succeed as well as the US. Everyone should be very patient and relax. It is coming shortly. Can it be stopped? Yes, it can. I know for a FACT that this is the fifth time they have tried this already since 2012-2013 to begin the process of the deletion of the zeros and failed due to circumstances. So when they begin this step there is no turning back. This is why they are slowly and cautiously moving ahead...
12-11-2020 Newshound Guru Pimpy I'm telling you there's a huge buzz going on about the dinar and the reason for that is we've never seen so much talk about it before. Just a lot of it going on...Let's hope that they get finalized...There's a lot of speculation that once the 2021 budget is passed it's going to have whatever the new rate change is. No matter whether it's good or bad don't get overly emotional about what you see. I'm not expecting anything big to happen...if it's bad news don't get down...just hang tight because it's going to improve. I don't think there's any way around it. Having said that I don't think the value is going to go down. There's too many negative effects it has on the economy...most likely a move up is what we're going to see....
12-11-2020 Intel Guru MarkZ [via PDK] [Why is the Iraqi dinar being devalued against the US dollar?] Don’t panic…this is the un-pegging…it’s a important part of the process...
12-11-2020 Intel Guru Frank26 & Boots-on-the-ground Firefly "the television is telling us that the 2021 budget needs a new exchange rate." Everybody knows they're going to raise the value of their currency and they're telling the citizens carefully step by step. Now this is the crescendo. This is the apex. This is the precipice. We're right there. One more step. It's like standing on the edge of a cliff on your tiptoes leaning forward with your arms open looking down with gusts of wind just waiting to knock you over. It's that close. It's as close as your breath is to your lungs..
12-10-2020 Newshound Guru Pimpy Article: "Clarification regarding the Central Banks decision to control the dollar exchange rate and the reasons for its recent jump" ...Notice that everyday more and more talk. It's not going out too much on a limb to say that it looks like Iraq between now and the end of the year plans on doing some type of rate change. What it is we don't know...We all know when for every dollar that we spend then we get back 1190 Iraqi dinars. That's how it's supposed to go. But there's been some changes happening on the open market over there within Iraq. They're saying it's mostly due to speculation of a rate change especially now that they're talking about it...
12-10-2020 Intel Guru MarkZ [via PDK] Many have been worried and asking me about the possibility of not being able to exchange unless you get the Covid 19 vaccine… I asked my best banking contacts about this and I think they are still laughing…..Do not worry that the only way you can exchange is if you get the vaccine…totally false…somebody is trying to sow fear in Dinarland…do not buy it…
12-10-2020 Newshound Guru Walkingstick and Intel Guru Frank26 Everybody knows. Kurdistan knows. The international world knows. Forex knows. WTO knows. The World Bank knows. The IMF knows. The United States treasury knows. The European Monetary Union knows. Everybody knows. More importantly the money exchangers around the wold, they know...It cannot be a secret because the citizens need to know and they are being told. They must know and understand very clearly...
12-10-2020 Intel Guru MarkZ [via PDK] Nearly all my sources were not expecting anything to happen until later today through next Tuesday...[Do you think we will see the RV before Christmas...] I think we will have this before Christmas…especially with the chatter out of Iraq that they are willing to move forward – no matter what…I feel good about it but unfortunately no one knows 100% until we get there...
12-10-2020 Newshound Guru Jeff In the year 2020 Iraq got released from all the sanctions and naughty lists. At this time Iraq is no longer under any kind of restrictions or sanctions. They are free and clear. They've basically got the green light to change the rate. That's why at this time Iraq is putting out all these articles and putting an emphasis on the exchange rate...
12-10-2020 Intel Guru Frank26 Article: "Oil disturbs Iraq's 2021 budget: an expected update of the "dinar exchange rate" and amending the numbers to reduce the financial deficit!" ...it's an expected update to the dinar exchange rate. WHAT?!? Yeah, we amended the numbers of the financial deficit. WHAT?!? Oh my goodness! This is getting boring! ...this article is monstrous. This article is so powerful...
12-10-2020 Intel Guru Bruce [via WiserNow] I wondered for weeks whether or not the election had a direct tie in to our start for our exchanges and redemption - was there a tie? A connection? ...Was there something that had to happen from the election point of view before we got started? I’m going to say even though I’ve been told – not really - there is a connection – and I think there might be a need to wait for some result from the election... I think President Trump will get this done for us – the plan is extensive – and it will happen – and Lord willing – this will happen before – not only the end of this month but I think well before that...
12-10-2020 Newshound Guru Pimpy Another day - another day of rate change talk. It's still out there in the ether...the International community knows the potential of investing in Iraq. There are a lot of countries and I mean a lot that have already donate money and are looking into doing projects within Iraq. Iraq is like the gateway to the whole Middle East.
12-10-2020 Newshound Guru Walkingstick and Intel Guru Frank26 Iraq is a trading hub. It's a financial trading hub first and foremost. Do you understand why they need to raise the value? This is what Donald Trump wanted Iraq to do for the Middle East. And the Middle East all agreed....Iraq is going to be considered a full developing nation upon full membership of the WTO. Doors will be busted down.
12-10-2020 Intel Guru MarkZ [via PDK] Many have been worried and asking me about the possibility of not being able to exchange unless you get the Covid 19 vaccine… I asked my best banking contacts about this and I think they are still laughing…..Do not worry that the only way you can exchange is if you get the vaccine…totally false…somebody is trying to sow fear in Dinarland…do not buy it…
12-10-2020 Newshound Guru Walkingstick and Intel Guru Frank26 Everybody knows. Kurdistan knows. The international world knows. Forex knows. WTO knows. The World Bank knows. The IMF knows. The United States treasury knows. The European Monetary Union knows. Everybody knows. More importantly the money exchangers around the wold, they know...It cannot be a secret because the citizens need to know and they are being told. They must know and understand very clearly...
12-10-2020 Intel Guru MarkZ [via PDK] Nearly all my sources were not expecting anything to happen until later today through next Tuesday...[Do you think we will see the RV before Christmas...] I think we will have this before Christmas…especially with the chatter out of Iraq that they are willing to move forward – no matter what…I feel good about it but unfortunately no one knows 100% until we get there...
12-10-2020 Newshound Guru Jeff In the year 2020 Iraq got released from all the sanctions and naughty lists. At this time Iraq is no longer under any kind of restrictions or sanctions. They are free and clear. They've basically got the green light to change the rate. That's why at this time Iraq is putting out all these articles and putting an emphasis on the exchange rate...
12-10-2020 Intel Guru Frank26 Article: "Oil disturbs Iraq's 2021 budget: an expected update of the "dinar exchange rate" and amending the numbers to reduce the financial deficit!" ...it's an expected update to the dinar exchange rate. WHAT?!? Yeah, we amended the numbers of the financial deficit. WHAT?!? Oh my goodness! This is getting boring! ...this article is monstrous. This article is so powerful...
12-10-2020 Intel Guru Bruce [via WiserNow] I wondered for weeks whether or not the election had a direct tie in to our start for our exchanges and redemption - was there a tie? A connection? ...Was there something that had to happen from the election point of view before we got started? I’m going to say even though I’ve been told – not really - there is a connection – and I think there might be a need to wait for some result from the election... I think President Trump will get this done for us – the plan is extensive – and it will happen – and Lord willing – this will happen before – not only the end of this month but I think well before that...
12-10-2020 Newshound Guru Pimpy Another day - another day of rate change talk. It's still out there in the ether...the International community knows the potential of investing in Iraq. There are a lot of countries and I mean a lot that have already donate money and are looking into doing projects within Iraq. Iraq is like the gateway to the whole Middle East.
12-10-2020 Newshound Guru Walkingstick and Intel Guru Frank26 Iraq is a trading hub. It's a financial trading hub first and foremost. Do you understand why they need to raise the value? This is what Donald Trump wanted Iraq to do for the Middle East. And the Middle East all agreed....Iraq is going to be considered a full developing nation upon full membership of the WTO. Doors will be busted down.
12-9-2020 Newshound Guru Pimpy Article "Negotiations between Iraq and the International Monetary Fund to determine the exchange rate of the dinar" Yeah I know, get excited. There's been a lot of talk. A lot of talk...Like I said, it's okay to pay attention to what's being said but we don't care about what they say we care about what they do and that's what we're looking forward to. And make no doubt about it all and I mean all arrows point to a rate change happening this year...
12-9-2020 Intel Guru Bruce [via WiserNow] I have a new timeline that I want to give you...we...could be looking at receiving our notifications as soon as... somewhere in between Thursday and Tuesday Dec 15th...we also have about 3 other points of view from different sources that put our timing for notification...coming out anywhere from the next 3-4 days...Wednesday – Saturday - those are two separate sources...I am excited about where we are – and yes it’s hard to nail this down – this is a moving target – as you know by now...
12-9-2020 Newshound Guru Adam Montana One of the major holdups for Iraq has always been the HCL, which is a money sharing agreement between primarily Baghdad and Kurdistan. Over the last decade (plus) we have seen countless instances where they simply couldn't agree on anything, much less a major profit sharing agreement. This is less and less the case. It's all about the money... and they are working together so much smoother than ever before. For example: "Baghdad and Erbil agree on the share of the Kurdistan region in the 2021 budget" ...Go Iraq, and GO RRRVVV!!!
12-9-2020 Intel Guru Frank26 Article: "The International Monetary Fund to update the exchange rate of the Iraqi dinar before the end of the fiscal year" ...this doesn't get any clearer...what does the IMF do? ...anything to do with your currency we either approve it or disapprove it. The IMF is now telling the whole world...this stuff is done. The CBI is doing it. Now the IMF is telling the whole world...the Iraqi dinar rate is going to change by the end of this fiscal year. Do you understand? There is a new rate coming right before the end of this year according to the IMF. Could this change? Of course it could change...but do you think they could have the "basketballs" to say this and not do it? No. Timing. You gotta love it.
12-9-2020 Intel Guru MarkZ [via PDK] The chatter I am still getting out of Iraq is we may see a “teaser rate” of about 1 to 1 mid month...possibly the 11th through the 14th…then a move over the next few months of a full-blown rate… They plan to come out with a lower rate to try to suck up a bunch of bills on the street and the overprinting of the dinar…then move forward to a higher rate. …It’s just rumors until it happens…do not over-react. This goes against what I hear from my paymasters…but I am sharing what I am hearing. You guys can make your own decisions. ...Banking contacts think we are still looking at a mid-month event...
12-9-2020 Newshound Guru Pimpy ...There is a lot of talk about the rate change happening. As a matter of fact there's many reason to believe it's going to happen between now and the end of this year...let's stay grounded. Of course we're excited... Article: "Al-Kazemi on the 2021 budget: We will discuss it today or tomorrow Tuesday" They're putting the budget together. It's still being drafted. Some revisions had to be made and most likely those revisions are connected to what's going on with the rate change...
12-9-2020 Newshound/Intel Guru Walkingstick and Intel Guru Frank26 We believe that based on all that we have been seeing and studying and understand that they are going to release the new small category notes to the Iraqi citizens. And we believe it's going to be a 1, 5, 10, 25...we also believe there will be a 50 and a 100 note...the 1000 will be pulled out of circulation rather quickly ...the 250 and 500 will remain in circulation for a good amount of time...they all will remain legit and tender...I would say to you, learn when to hold them and learn when to fold them...
12-9-2020 Newshound/Intel Guru Mnt Goat ...we read in articles that Iraq could no longer obtain outside loans. They exhausted the internal loans from their banks to pay the salaries for August and September. So then all of a sudden, we get articles telling us the IMF is willing to loan money to Iraq. ...Also, at about the same time the IMF says they will now loan money to Iraq...they come out with a statement telling the public that Iraq will go 1:1 with the dinar before the end of the year...they are finally opening up ad educating the public. Like I said this is not a secret and they can’t hide it.
12-9-2020 Newshound Guru Pimpy ...Call me crazy but I can't help but think the first rate you see is going to be some type of teaser rate...right now I get 1190 dinars for one of my dollars. They might say 'ok, we'll increase the rate and now you only get 800 or 900 dinars for $1'. So it might not be anything really big. So just be careful...so what are you gonna do Pimpy? ...you earn back your money plus 25%. No, I'm just gonna sit on my dinars because I know what's coming. The more developed that country becomes the more outside investors come in there the more the dinar goes up in value. I think what they're gonna try to do is suck us speculators in there...who have been waiting 16 years and right now they'll take anything and you'll dump your dinars on the market and they will pick them up dirt cheap and eventually it will start to go up in value...It's exciting times right now.
12-9-2020 Intel Guru Frank26 ...the tellers. That's where we are at...Kazemi is this close {fingers close together} to bringing the CBI governor with him to make an announcement to the citizens of Iraq. BTW this information had to trickle down slowly. For you, the international world? No. The Iraqi citizens. Why? It must not fail with the Iraqi citizens...
12-9-2020 Intel Guru Bruce [via WiserNow] I have a new timeline that I want to give you...we...could be looking at receiving our notifications as soon as... somewhere in between Thursday and Tuesday Dec 15th...we also have about 3 other points of view from different sources that put our timing for notification...coming out anywhere from the next 3-4 days...Wednesday – Saturday - those are two separate sources...I am excited about where we are – and yes it’s hard to nail this down – this is a moving target – as you know by now...
12-9-2020 Newshound Guru Adam Montana One of the major holdups for Iraq has always been the HCL, which is a money sharing agreement between primarily Baghdad and Kurdistan. Over the last decade (plus) we have seen countless instances where they simply couldn't agree on anything, much less a major profit sharing agreement. This is less and less the case. It's all about the money... and they are working together so much smoother than ever before. For example: "Baghdad and Erbil agree on the share of the Kurdistan region in the 2021 budget" ...Go Iraq, and GO RRRVVV!!!
12-9-2020 Intel Guru Frank26 Article: "The International Monetary Fund to update the exchange rate of the Iraqi dinar before the end of the fiscal year" ...this doesn't get any clearer...what does the IMF do? ...anything to do with your currency we either approve it or disapprove it. The IMF is now telling the whole world...this stuff is done. The CBI is doing it. Now the IMF is telling the whole world...the Iraqi dinar rate is going to change by the end of this fiscal year. Do you understand? There is a new rate coming right before the end of this year according to the IMF. Could this change? Of course it could change...but do you think they could have the "basketballs" to say this and not do it? No. Timing. You gotta love it.
12-9-2020 Intel Guru MarkZ [via PDK] The chatter I am still getting out of Iraq is we may see a “teaser rate” of about 1 to 1 mid month...possibly the 11th through the 14th…then a move over the next few months of a full-blown rate… They plan to come out with a lower rate to try to suck up a bunch of bills on the street and the overprinting of the dinar…then move forward to a higher rate. …It’s just rumors until it happens…do not over-react. This goes against what I hear from my paymasters…but I am sharing what I am hearing. You guys can make your own decisions. ...Banking contacts think we are still looking at a mid-month event...
12-9-2020 Newshound Guru Pimpy ...There is a lot of talk about the rate change happening. As a matter of fact there's many reason to believe it's going to happen between now and the end of this year...let's stay grounded. Of course we're excited... Article: "Al-Kazemi on the 2021 budget: We will discuss it today or tomorrow Tuesday" They're putting the budget together. It's still being drafted. Some revisions had to be made and most likely those revisions are connected to what's going on with the rate change...
12-9-2020 Newshound/Intel Guru Walkingstick and Intel Guru Frank26 We believe that based on all that we have been seeing and studying and understand that they are going to release the new small category notes to the Iraqi citizens. And we believe it's going to be a 1, 5, 10, 25...we also believe there will be a 50 and a 100 note...the 1000 will be pulled out of circulation rather quickly ...the 250 and 500 will remain in circulation for a good amount of time...they all will remain legit and tender...I would say to you, learn when to hold them and learn when to fold them...
12-9-2020 Newshound/Intel Guru Mnt Goat ...we read in articles that Iraq could no longer obtain outside loans. They exhausted the internal loans from their banks to pay the salaries for August and September. So then all of a sudden, we get articles telling us the IMF is willing to loan money to Iraq. ...Also, at about the same time the IMF says they will now loan money to Iraq...they come out with a statement telling the public that Iraq will go 1:1 with the dinar before the end of the year...they are finally opening up ad educating the public. Like I said this is not a secret and they can’t hide it.
12-9-2020 Newshound Guru Pimpy ...Call me crazy but I can't help but think the first rate you see is going to be some type of teaser rate...right now I get 1190 dinars for one of my dollars. They might say 'ok, we'll increase the rate and now you only get 800 or 900 dinars for $1'. So it might not be anything really big. So just be careful...so what are you gonna do Pimpy? ...you earn back your money plus 25%. No, I'm just gonna sit on my dinars because I know what's coming. The more developed that country becomes the more outside investors come in there the more the dinar goes up in value. I think what they're gonna try to do is suck us speculators in there...who have been waiting 16 years and right now they'll take anything and you'll dump your dinars on the market and they will pick them up dirt cheap and eventually it will start to go up in value...It's exciting times right now.
12-9-2020 Intel Guru Frank26 ...the tellers. That's where we are at...Kazemi is this close {fingers close together} to bringing the CBI governor with him to make an announcement to the citizens of Iraq. BTW this information had to trickle down slowly. For you, the international world? No. The Iraqi citizens. Why? It must not fail with the Iraqi citizens...
12-8-2020 Newshound Guru Pimpy Here's another thing you need to know. I don't mind sharing it with you. There has been large. And I mean extremely large movement on Iraqi dinar, especially in the last year. They're going to a lot of institutions, specially central banks. I was thinking 'why the hell is this happening'? What is going on that they are not saying?' There's been a lot of speculation out there. Yes, it appears finally some type of rate change is going to come out.
12-8-2020 Newshound/Intel Guru Mnt Goat ...everyone reading this...today should be VERY HAPPY! ...Just about all the major news coming from Iraq in the last two weeks is about the currency...this week it’s all about the currency again…WOW!! ...I am now told by the CBI that they “fully” expect to complete the “project to delete the zeros” before Christmas on December 25th. They also told me the denominations they plan to roll out are 1,5,10 and 25 notes. The coins come a little late.
12-8-2020 Newshound Guru Jeff Article: "Oil disturbs Iraq's 2021 budget: an expected update of the "dinar exchange are" and amending the numbers to reduce the financial deficit!" ...Oil prices are still going up... Quote: "the minister of Finance and the International Monetary Fund to update the Iraqi dinar exchange rate before the end of the fiscal year." That's by the end of March...
12-8-2020 Newshound/Intel Guru Petra The IMF did come out and say that they were discussing with the Finance Committee and the CBI...the rate of the dinar against the dollar...it's very clear these events are happening for a reason, timing wise. And this event is truly a global event...it's a very exciting time...the rate is right before us...
12-8-2020 Intel Guru MarkZ [via PDK] [RV and rate by end of month. That’s their end of Fiscal year.] I am definitely hearing that from Iraq and out of Europe. The chatter I am getting out of Europe and from banking contacts is to look for it around the 14th…the chatter from Iraq is they will have a new value before the end of the year. So, according to Iraq we are in a 3 week window. I think there may be some meat for this mid month thing…that is the chatter I am hearing from everywhere at his point...I am looking for a December RV... So hang tight as we watch this week play out.
12-8-2020 Intel Guru Frank26 ...there's negotiations between the IMF, which to me is the Fab 4, with the Minister of Finance regarding what? The budget? No. Regarding the white papers? No. Regarding changing the exchange rate of the dollar against the Iraqi dinar. That's a powerful statement for these people to be saying. I was floored by it...
12-8-2020 Newshound Guru Pimpy Article: "Parliament Presidency: The 2021 budget will be approved faster than its predecessors" I'm excited about it. I'm curious to see where this is heading. Yes, we know about the rate change. It looks like it's going to happen. I'm surprised they're being so open about it...It looks like this budget is going to be done ahead of time. Nice. We'll see.
12-8-2020 Newshound Guru Jeff Article: "Urgent Parliamentary Finance: The government will reformulate the 2021 budget and send it to Parliament next week" Quote: "Ministry of Finance and the International Monetary Fund to update the exchange rate of the the Iraqi dinar..." I stressed to you that the borrowing law was the last step needed in order for them to change the exchange rate. That's why right now Iraq's putting a huge emphasis on the exchange rate, their economy and on the banking reforms...they have to change the rate by the back wall the end of March...everything's looking really good...
12-8-2020 Newshound/Intel Guru Mnt Goat ...everyone reading this...today should be VERY HAPPY! ...Just about all the major news coming from Iraq in the last two weeks is about the currency...this week it’s all about the currency again…WOW!! ...I am now told by the CBI that they “fully” expect to complete the “project to delete the zeros” before Christmas on December 25th. They also told me the denominations they plan to roll out are 1,5,10 and 25 notes. The coins come a little late.
12-8-2020 Newshound Guru Jeff Article: "Oil disturbs Iraq's 2021 budget: an expected update of the "dinar exchange are" and amending the numbers to reduce the financial deficit!" ...Oil prices are still going up... Quote: "the minister of Finance and the International Monetary Fund to update the Iraqi dinar exchange rate before the end of the fiscal year." That's by the end of March...
12-8-2020 Newshound/Intel Guru Petra The IMF did come out and say that they were discussing with the Finance Committee and the CBI...the rate of the dinar against the dollar...it's very clear these events are happening for a reason, timing wise. And this event is truly a global event...it's a very exciting time...the rate is right before us...
12-8-2020 Intel Guru MarkZ [via PDK] [RV and rate by end of month. That’s their end of Fiscal year.] I am definitely hearing that from Iraq and out of Europe. The chatter I am getting out of Europe and from banking contacts is to look for it around the 14th…the chatter from Iraq is they will have a new value before the end of the year. So, according to Iraq we are in a 3 week window. I think there may be some meat for this mid month thing…that is the chatter I am hearing from everywhere at his point...I am looking for a December RV... So hang tight as we watch this week play out.
12-8-2020 Intel Guru Frank26 ...there's negotiations between the IMF, which to me is the Fab 4, with the Minister of Finance regarding what? The budget? No. Regarding the white papers? No. Regarding changing the exchange rate of the dollar against the Iraqi dinar. That's a powerful statement for these people to be saying. I was floored by it...
12-8-2020 Newshound Guru Pimpy Article: "Parliament Presidency: The 2021 budget will be approved faster than its predecessors" I'm excited about it. I'm curious to see where this is heading. Yes, we know about the rate change. It looks like it's going to happen. I'm surprised they're being so open about it...It looks like this budget is going to be done ahead of time. Nice. We'll see.
12-8-2020 Newshound Guru Jeff Article: "Urgent Parliamentary Finance: The government will reformulate the 2021 budget and send it to Parliament next week" Quote: "Ministry of Finance and the International Monetary Fund to update the exchange rate of the the Iraqi dinar..." I stressed to you that the borrowing law was the last step needed in order for them to change the exchange rate. That's why right now Iraq's putting a huge emphasis on the exchange rate, their economy and on the banking reforms...they have to change the rate by the back wall the end of March...everything's looking really good...
12-7-2020 Intel Guru Footforward Article: "Negotiations between Iraq and the International Monetary Fund to determine the exchange rate of the dinar" ...I think the IMF has been pushing Iraq for at least 6 months to do this. So I don't think this is a new development. Just a renewed push on the part of the IMF...they are wanting them to increase their rate.
12-7-2020 Newshound Guru Pimpy Article: "Oil disturbs Iraq's 2021 budget: an expected update of the "dinar exchange rate" and amending the numbers to "reduce the financial deficit!" So here we go talking about the rate change again. It's been mentioned all week long...they're not even hiding it anymore. There is a lot of talk about the exchange rate...we know the rate change has to be discussed...It looks like they are going to make it part of the 2021 budget...yes, I'm excited like you are...
12-7-2020 Newshound Guru Jeff Most of their articles right now are talking about the exchange rate and launching their economy and getting it international. When they put an emphasis on something they're telling you what they're working on it. They're telling you they're in the process of working on that exchange rate. They're telling you they're at the end of the road and they're ready and preparing to change that exchange rate. They're telling you that is their next step. It does not get any better than where we stand right now. We are in the best position we've ever been in...
12-7-2020 Intel Guru MarkZ [via PDK] We have a crazy week ahead of us… Money did not move over the weekend and Iraq did not get a new rate. Still hearing lots of chatter from Iraq …they expect a vote on Tuesday or Wednesday (Note: not sure on what?)
12-7-2020 Newshound Guru Pimpy ...There is a lot of talk about the rate change. This whole past week has been crazy. Real crazy. Lots of articles about the rate and the rate change...and it's been back and forth. We heard they want to lop the zeros off...devalue the dinars...I told you guys it makes no sense. There's been lots of studies done that show that that's not a good move for Iraq because it effects the poor and devaluing your money is really bad when it comes to increasing the amount of debt. Now lopping the zeros off the exchange rate would be a huge benefit for us. There's been a lot of indications that that is the direction they plan on going to. No, we don't know the date. No, we don't know the rate...But they explained several times why they will not devalue the dinar...
12-7-2020 Newshound Guru Jeff Iraq is pretty much now out of Chapter 7 sanctions...They got off the OFAC list and everybody else's naughty list...this article came out yesterday "Oil disturbs Iraq's 2021 budget: an expected update of the dinar exchange rate and amending the number to reduce the financial deficit!" There's only one thing...that needs and requires the exchange rate. It's a reform payment for the funding of the reforms...And we know they have to make that payment by the end of March...that means they also have to change the rate by the end of March... Quote "the ministry of Finance and the International Monetary Fund to update the Iraqi dinar exchange rate before the end of the fiscal year." You guys are in the best position that you've ever been. Iraq can now change the rate anytime between now and the end of March. [post 2 of 2]
12-7-2020 Newshound Guru Jeff This is very very important. Here's an older article September 6, 2012 "Delete the zeros must be at the beginning of a fiscal year" They can only delete their zeros (that means change the rate) at the beginning of a new fiscal budget period...here's why...this is a different article from August 12, 2012 "Saleh drew the interest of the Exchange must be with the new fiscal year, the Iraq government's accounts cannot be registered in the same year, two forms of financial values" They cannot have 2 different exchange rates during the same fiscal year ...Iraq's fiscal year before they went under the Chapter 7 sanctions...so prior to 1990...was April through March... [post 1 of 2...stay tuned]
12-7-2020 Newshound Guru MilitiaMan Article: "Oil "disturbs" Iraq's 2021 budget: an expected update of the "dinar exchange rate" and amending the numbers to "reduce the financial deficit!" Quote: "...with a special committee from the Ministry of Finance and the International Monetary Fund to update the Iraqi dinar exchange rate before the end of the fiscal year,..." ...Look who is showing up tomorrow to meet with some key players...The Ministry of Finance and the IMF are talking about a change is coming to IQD exchange rate... They are going to a market economy are they not? They are not going to devalue that is sure, imo. They are going to increase the value, imo by the deletion of the three zeros from the exchange rate. Hence, the need for the new small category notes the CBI spent tens of millions on...The broadcasting of the exchange rate to change speaks out oh so very loudly...Lets see what they do next...
12-7-2020 Newshound Guru Pimpy Article: "Oil disturbs Iraq's 2021 budget: an expected update of the "dinar exchange rate" and amending the numbers to "reduce the financial deficit!" So here we go talking about the rate change again. It's been mentioned all week long...they're not even hiding it anymore. There is a lot of talk about the exchange rate...we know the rate change has to be discussed...It looks like they are going to make it part of the 2021 budget...yes, I'm excited like you are...
12-7-2020 Newshound Guru Jeff Most of their articles right now are talking about the exchange rate and launching their economy and getting it international. When they put an emphasis on something they're telling you what they're working on it. They're telling you they're in the process of working on that exchange rate. They're telling you they're at the end of the road and they're ready and preparing to change that exchange rate. They're telling you that is their next step. It does not get any better than where we stand right now. We are in the best position we've ever been in...
12-7-2020 Intel Guru MarkZ [via PDK] We have a crazy week ahead of us… Money did not move over the weekend and Iraq did not get a new rate. Still hearing lots of chatter from Iraq …they expect a vote on Tuesday or Wednesday (Note: not sure on what?)
12-7-2020 Newshound Guru Pimpy ...There is a lot of talk about the rate change. This whole past week has been crazy. Real crazy. Lots of articles about the rate and the rate change...and it's been back and forth. We heard they want to lop the zeros off...devalue the dinars...I told you guys it makes no sense. There's been lots of studies done that show that that's not a good move for Iraq because it effects the poor and devaluing your money is really bad when it comes to increasing the amount of debt. Now lopping the zeros off the exchange rate would be a huge benefit for us. There's been a lot of indications that that is the direction they plan on going to. No, we don't know the date. No, we don't know the rate...But they explained several times why they will not devalue the dinar...
12-7-2020 Newshound Guru Jeff Iraq is pretty much now out of Chapter 7 sanctions...They got off the OFAC list and everybody else's naughty list...this article came out yesterday "Oil disturbs Iraq's 2021 budget: an expected update of the dinar exchange rate and amending the number to reduce the financial deficit!" There's only one thing...that needs and requires the exchange rate. It's a reform payment for the funding of the reforms...And we know they have to make that payment by the end of March...that means they also have to change the rate by the end of March... Quote "the ministry of Finance and the International Monetary Fund to update the Iraqi dinar exchange rate before the end of the fiscal year." You guys are in the best position that you've ever been. Iraq can now change the rate anytime between now and the end of March. [post 2 of 2]
12-7-2020 Newshound Guru Jeff This is very very important. Here's an older article September 6, 2012 "Delete the zeros must be at the beginning of a fiscal year" They can only delete their zeros (that means change the rate) at the beginning of a new fiscal budget period...here's why...this is a different article from August 12, 2012 "Saleh drew the interest of the Exchange must be with the new fiscal year, the Iraq government's accounts cannot be registered in the same year, two forms of financial values" They cannot have 2 different exchange rates during the same fiscal year ...Iraq's fiscal year before they went under the Chapter 7 sanctions...so prior to 1990...was April through March... [post 1 of 2...stay tuned]
12-7-2020 Newshound Guru MilitiaMan Article: "Oil "disturbs" Iraq's 2021 budget: an expected update of the "dinar exchange rate" and amending the numbers to "reduce the financial deficit!" Quote: "...with a special committee from the Ministry of Finance and the International Monetary Fund to update the Iraqi dinar exchange rate before the end of the fiscal year,..." ...Look who is showing up tomorrow to meet with some key players...The Ministry of Finance and the IMF are talking about a change is coming to IQD exchange rate... They are going to a market economy are they not? They are not going to devalue that is sure, imo. They are going to increase the value, imo by the deletion of the three zeros from the exchange rate. Hence, the need for the new small category notes the CBI spent tens of millions on...The broadcasting of the exchange rate to change speaks out oh so very loudly...Lets see what they do next...
12-6-2020 Intel Guru Footforward ...their budgets have typically been running at the same time with Kuwait's fiscal year which is April to the end of March I believe... but they're fiscal year seems to be the end of December (Iraq's). People have long suspected that they are running two sets of books...if you are going to get into bed with the US which I believe they're going to then you're going to have to run a fiscal year of January to December. So I think they have two sets of books...They can revalue at any point in time that they please ...if they did revalue and it wasn't at the beginning of a fiscal year then they would have to revisit their budget at some point...
12-6-2020 Newshound Guru MilitiaMan Article: "Oil "disturbs" Iraq's 2021 budget: an expected update of the "dinar exchange rate" and amending the numbers to "reduce the financial deficit!" Quote: "to audit it in coordination with a special committee from the Ministry of Finance and the International Monetary Fund to update the Iraqi dinar exchange rate before the end of the fiscal year," EXPECTED... They just told the world openly that they are to update the exchange rate... The shot that was heard around the World!! or WHAT!!
12-6-2020 Intel Guru Delta Article: "the International Monetary Fund to update the exchange rate of the Iraqi dinar before the end of the fiscal year," here we have it boom...NEW EXCHANGE RATE COMING OUT BEFORE END OF THIS YEAR...
12-6-2020 Newshound Guru Breitling There's no reason at all for you not to be happy about this investment. No reason at all. Regardless of whether you wear your politics on your sleeve or not. Whether you're angry or happy or whatever that has nothing to do with what's going on. Just keep that in check. We're human beings. We're fallible. We're very very emotional about everything...the math and the policy that's coming out does not represent your feelings so you're fine...
12-6-2020 Newshound/Intel Guru David M. Witty Iraqi Parliamentary amendment committee fails to make any progress on article 140 of constitution regarding Baghdad-Erbil disputed areas. Some want to remove the article, some want to amend it, & some want to leave it as is.
12-6-2020 Newshound Guru MilitiaMan Article: "Oil "disturbs" Iraq's 2021 budget: an expected update of the "dinar exchange rate" and amending the numbers to "reduce the financial deficit!" Quote: "to audit it in coordination with a special committee from the Ministry of Finance and the International Monetary Fund to update the Iraqi dinar exchange rate before the end of the fiscal year," EXPECTED... They just told the world openly that they are to update the exchange rate... The shot that was heard around the World!! or WHAT!!
12-6-2020 Intel Guru Delta Article: "the International Monetary Fund to update the exchange rate of the Iraqi dinar before the end of the fiscal year," here we have it boom...NEW EXCHANGE RATE COMING OUT BEFORE END OF THIS YEAR...
12-6-2020 Newshound Guru Breitling There's no reason at all for you not to be happy about this investment. No reason at all. Regardless of whether you wear your politics on your sleeve or not. Whether you're angry or happy or whatever that has nothing to do with what's going on. Just keep that in check. We're human beings. We're fallible. We're very very emotional about everything...the math and the policy that's coming out does not represent your feelings so you're fine...
12-6-2020 Newshound/Intel Guru David M. Witty Iraqi Parliamentary amendment committee fails to make any progress on article 140 of constitution regarding Baghdad-Erbil disputed areas. Some want to remove the article, some want to amend it, & some want to leave it as is.
12-5-2020 Intel Guru Delta For the budget of 2021 ...there are negotiations between the Ministry of Finance and the International Monetary Fund regarding changing the exchange rate of the dollar, So that was one of the reasons for delay of the budget... new rate coming out ... IMO THEY ARE DONE
12-5-2020 Newshound Guru MilitiaMan Article: "It will create thousands of jobs" .. Iraq aspires to be the "main stop" on the Silk Road" Quote: "... Iraq will be the "main station" in the international land and sea road project, the "Silk Road" linking the two continents of Asia and Europe ,..." What do you bet the ink will dry quickly on the port deals with the rate exposed? Imo it is a given...
12-5-2020 Newshound Guru MilitiaMan Article: "The Central Bank and the Union of Arab Banks agree on the digital transformation of banking" Quote: "A statement by the Central Bank...stated that "the Secretary-General expressed his appreciation for the efforts aimed at strengthening the strength of the Iraqi banking sector and its ability to secure banking services in accordance with the highest international standards." Digital transformation...I hope everyone gets the bigger picture here...Digital is block chain ready and capable. Transparent and can interlink with secondary markets at a similar level, just as the customs are to be as well...They are ready now not next year...We shall see imo.
12-5-2020 Newshound/Intel Guru Mnt Goat Article: "AN ECONOMIST WARNS OF IRAQ LOSING THE DOLLAR AND INCREASING ITS VALUE AGAINST THE DINAR" Quote: "THE CONTINUED WASTE OF FOREIGN CURRENCY WILL INCREASE ITS VALUE AGAINST THE DINAR, in addition to that the prices of goods and commodities will rise dramatically, at a time when Iraq depends almost entirely on import." from this article does it sound like Iraq can wait much longer to reinstate the dinar? Just remember the “project to delete the zeros” is the precursor to the reinstatement. They cannot drastically increase the value of the dinar and get off the fake program rate without first getting lower denominations out in circulation. So this project is not the end in itself but a step in the right direction that will lead to the reinstatement.
12-5-2020 Newshound Guru MilitiaMan With the recent article about the parallel, secondary and cash markets we can deduce in short order that they are gearing for a change and pronto...imo...The numbers (exchange rate) are sensitive. They need to be undercover until the last moment...imo..
12-5-2020 Newshound Guru Breitling Here's what's interesting. I want you to understand this. Especially the pro Trump people. You know I'm a conservative. The people that created the Iraqi dinar are hoping that Biden gets in. That's Cheney, Bush Jr., Donald Rumsfeld all these guys. Isn't that kinda strange? A lot of people are incorrectly thinking that if Trump doesn't stay in office this thing is over...Cheney, Bush Jr., Donald Rumsfeld all these guys they want Biden to get in. Completely against what I want but that's the reality prism you need to look through...
12-5-2020 Newshound/Intel Guru Walkingstick and Intel Guru Frank26 The ATMs in Iraq's banks are soon to go live with the new small category notes because the ATMs must be on the same page with the banks of Iraq...they are not live right now but we will know when they go live...
12-5-2020 Newshound Guru MilitiaMan Article: "It will create thousands of jobs" .. Iraq aspires to be the "main stop" on the Silk Road" Quote: "... Iraq will be the "main station" in the international land and sea road project, the "Silk Road" linking the two continents of Asia and Europe ,..." What do you bet the ink will dry quickly on the port deals with the rate exposed? Imo it is a given...
12-5-2020 Newshound Guru MilitiaMan Article: "The Central Bank and the Union of Arab Banks agree on the digital transformation of banking" Quote: "A statement by the Central Bank...stated that "the Secretary-General expressed his appreciation for the efforts aimed at strengthening the strength of the Iraqi banking sector and its ability to secure banking services in accordance with the highest international standards." Digital transformation...I hope everyone gets the bigger picture here...Digital is block chain ready and capable. Transparent and can interlink with secondary markets at a similar level, just as the customs are to be as well...They are ready now not next year...We shall see imo.
12-5-2020 Newshound/Intel Guru Mnt Goat Article: "AN ECONOMIST WARNS OF IRAQ LOSING THE DOLLAR AND INCREASING ITS VALUE AGAINST THE DINAR" Quote: "THE CONTINUED WASTE OF FOREIGN CURRENCY WILL INCREASE ITS VALUE AGAINST THE DINAR, in addition to that the prices of goods and commodities will rise dramatically, at a time when Iraq depends almost entirely on import." from this article does it sound like Iraq can wait much longer to reinstate the dinar? Just remember the “project to delete the zeros” is the precursor to the reinstatement. They cannot drastically increase the value of the dinar and get off the fake program rate without first getting lower denominations out in circulation. So this project is not the end in itself but a step in the right direction that will lead to the reinstatement.
12-5-2020 Newshound Guru MilitiaMan With the recent article about the parallel, secondary and cash markets we can deduce in short order that they are gearing for a change and pronto...imo...The numbers (exchange rate) are sensitive. They need to be undercover until the last moment...imo..
12-5-2020 Newshound Guru Breitling Here's what's interesting. I want you to understand this. Especially the pro Trump people. You know I'm a conservative. The people that created the Iraqi dinar are hoping that Biden gets in. That's Cheney, Bush Jr., Donald Rumsfeld all these guys. Isn't that kinda strange? A lot of people are incorrectly thinking that if Trump doesn't stay in office this thing is over...Cheney, Bush Jr., Donald Rumsfeld all these guys they want Biden to get in. Completely against what I want but that's the reality prism you need to look through...
12-5-2020 Newshound/Intel Guru Walkingstick and Intel Guru Frank26 The ATMs in Iraq's banks are soon to go live with the new small category notes because the ATMs must be on the same page with the banks of Iraq...they are not live right now but we will know when they go live...
12-4-2020 Newshound Guru MilitiaMan Article: "An economist calls for deleting the three zeros from the dinar to strengthen the local currency." Quote: "He added: The monetary mass can become approximately 15 to 25 trillion (billion?) dinars and the value of the new dinar converges to the value of the dollar, which facilitates the process of calculation and allows small and new denominations of cash to appear in the money market." The economist in the above seems to b suggesting a new dinar is to be the value of the dollar... If that is not leakage I don't know what is. There are people on the ground in Iraq talking about the exchange rate change that is coming. This is evidence of it too. We know they printed a new issue of currency from the CBI site, imo. They spent money and large sums of money on it. To adjust to or converge to the value of the dollar, they will have a need for the new issue...
12-4-2020 Intel Guru Bruce [via WiserNow] ...We’ve got things happening – things moving...which lends us to believe – hey ...this is different...things are happening that are pushing us along – moving us forward... we thought for sure we would be done by the 15th of December – now our new date appears to be the 22nd of December... I believe Pres Trump wants this to happen so that we have an unusually strong Christmas...I am excited...
12-4-2020 Intel Guru Delta This is the first time I see coordination between the parliament, the government and the CBI. For the first time ever you see parliament asking the CBI to delete the 3 zeros and make the currency stronger. We've never had this before. This is good news because everyone is lining up with everything...
12-4-2020 Intel Guru Footforward [When does the 2021 budget start?] they are trying to vote on it this Saturday. It would come into effect April 1, 2021...But I've always felt the budget doesn't matter...
12-4-2020 Intel Guru MarkZ [via PDK] The chatter out of Iraq is that they are looking for a new rate…possibly as early as Saturday...which is tomorrow …or by Sunday morning. They are moving forward and things are heating up…. I have been told by 3 people on the ground that this is their target…I will be staying close to the computers and the phones this weekend and if I get any breaking news I will share it with you…I am very excited that things seem to be heating up again finally…
12-4-2020 Intel Guru Frank26 someone says to me 'Frank, if Biden is elected president this all goes down the toilet doesn't it?" As far as the Iraqi dinar monetary reform goes that belongs to Iraq and Iraq is a sovereign country. They can do what they want...Iraq is now going to be the central financial hub of the Middle East and all the middle eastern countries will support them in a basket...
12-4-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQI GOVERNMENT SETS NEW DATE FOR DEBATE ON 2021 BUDGET BILL" Quote: "He added that the government is continuing to hold elections on time." We need to all pray that the CBI moves ahead, as planned, to reinstate the dinar prior to elections in June. If not we could be waiting yet another year.
12-4-2020 Intel Guru Bruce [via WiserNow] ...We’ve got things happening – things moving...which lends us to believe – hey ...this is different...things are happening that are pushing us along – moving us forward... we thought for sure we would be done by the 15th of December – now our new date appears to be the 22nd of December... I believe Pres Trump wants this to happen so that we have an unusually strong Christmas...I am excited...
12-4-2020 Intel Guru Delta This is the first time I see coordination between the parliament, the government and the CBI. For the first time ever you see parliament asking the CBI to delete the 3 zeros and make the currency stronger. We've never had this before. This is good news because everyone is lining up with everything...
12-4-2020 Intel Guru Footforward [When does the 2021 budget start?] they are trying to vote on it this Saturday. It would come into effect April 1, 2021...But I've always felt the budget doesn't matter...
12-4-2020 Intel Guru MarkZ [via PDK] The chatter out of Iraq is that they are looking for a new rate…possibly as early as Saturday...which is tomorrow …or by Sunday morning. They are moving forward and things are heating up…. I have been told by 3 people on the ground that this is their target…I will be staying close to the computers and the phones this weekend and if I get any breaking news I will share it with you…I am very excited that things seem to be heating up again finally…
12-4-2020 Intel Guru Frank26 someone says to me 'Frank, if Biden is elected president this all goes down the toilet doesn't it?" As far as the Iraqi dinar monetary reform goes that belongs to Iraq and Iraq is a sovereign country. They can do what they want...Iraq is now going to be the central financial hub of the Middle East and all the middle eastern countries will support them in a basket...
12-4-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQI GOVERNMENT SETS NEW DATE FOR DEBATE ON 2021 BUDGET BILL" Quote: "He added that the government is continuing to hold elections on time." We need to all pray that the CBI moves ahead, as planned, to reinstate the dinar prior to elections in June. If not we could be waiting yet another year.
12-3-2020 Newshound Guru Adam Montana Article: "Final touches on the amendment of the law of the national oil company" Quote: "The Parliamentary Oil and Energy Committee put "the final touches" on amending the law of the national oil company, indicating that it will pave the way for the initiation of the oil and gas law." THIS IS HCL... What more do I need to say?! The good news just keeps piling up! GO RRRVVVV!!!
12-3-2020 Newshound/Intel Guru Walkingstick and Intel Guru Frank26 Do you remember I told you about the satellite banks? The CBI established many many banks. And they started with the United States of America, remember? ...the CBI will tell you about these banks when they lift the value because they are going to want you to go into these banks to exchange your dinar there. You know why? Because those banks will send the dinars back to the CBI. If you go into an American bank they are going to send it to the United States Treasury. They need to collect all their 3 zeros. All these satellite banks IMO are now notified.
12-3-2020 Newshound/Intel Guru Mnt Goat Folks today the news is all about the monetary policy of Iraq and what to do with the currency. Can the news get any clearer than this that they are debating a course of action? ...I know they have already decided a course of action...I am in communication with the CBI. I have been told they are going to move ahead with the project to delete the zeros sometimes prior to Christmas holidays in preparation for the early January reinstatement. ...The initial rate once they drop the zeros will be right around what I told you...It has not changed. [reference Mnt Goat posts 10-14-2020 & 10-9-2020, part 3] ...remember they must wait a period of time to monitor for inflation prior to the FOREX reinstatement. I believe this is the time when they may allow us to come in and exchange...
12-3-2020 Intel Guru Delta ...For the first time ever they [Iraq's parliament] demanded the CBI to lift the 3 zeros. We dreamed about this...remember everyone before was against it. But now it's all over the news. We are on the verge to see something...there is a very high possibility, I may be wrong, they told us the 2021 budget has the rate. The council of ministers is going to pass it on Saturday. That means if there's a rate in it then everyone [Parliament] is going to be exposed...so sometimes between now and then IMO that is another possible window maybe the CBI might show us the rate. Unless the government postpones that [passing along the budget] again...
12-3-2020 Newshound/Intel Guru Walkingstick and Intel Guru Frank26 We believe IOO that the floor managers of Iraqi banks are now receiving the information that the executive level and the senior executive level have received.
12-3-2020 Intel Guru Frank26 ...It's going fast...I say this in a very facetious way, I'm kinda bored. All they do is talk about [In articles] is a new exchange rate, lifting the 3 zeros, a new currency! <playful yawn>...the beauty is that they're talking about it...it's pretty obvious...Everybody knows! It's very hard to keep a secret in Iraq...
12-3-2020 Newshound Guru Breitling It's a beautiful thing what's happening right now. One way or the other I promise you it doesn't matter if Biden is in there or Trump is in there. Nothing has been taken off the table. The difference is going to be the rate on it climbing. Under Biden or Under Trump it's going to come out the same rate whether it's .53, .46, .70 whatever but how it climbs from that point on will be determined on the way they're structured the market. Biden is different from Trump. That's all it is...it's the speed that changes. That's it. So nothing to worry about...
12-3-2020 Intel Guru MarkZ [via PDK] [What is your best guess on the dong rate...] My best guess is it is going to be around $2.25…this is just a guess…that is what I have heard, and seen when doing research….and what makes the most sense imo.
12-3-2020 Intel Guru Bruce [via WiserNow] The latest information is telling us that certain banks - our sources for this – from the high end corporate level – that we are in a very narrow window right now – in fact – from 4 separate sources I am getting a within 36 hour window ...from 8 o’clock Eastern – tonight [Tuesday]...the timing for the release...from a very interesting and qualified source... depending on what time zone you’re in...this could be a very late at night or very early morning event for us...I’m excited – more than I’ve ever been – the fact that it really does appear this is coming to a distinctly beautiful ending for us... [post 2 of 2]
12-3-2020 Intel Guru Bruce [via WiserNow] ...we have reason to believe that some green light so to speak have been lit already and...we are expecting things to happen in a relatively short period of time for us...the information we’re getting out of Iraq is that the ATM machines that are loaded in Iraq with the lower denominations of the new Iraqi Dinar are to be switched on and finally turned on either tomorrow (Wed) or Thursday. ...we are looking for Iraq to put out an international rate...probably tomorrow [Wed] or Thursday... [post 1 of 2....stay tuned]
12-3-2020 Newshound/Intel Guru Walkingstick and Intel Guru Frank26 Do you remember I told you about the satellite banks? The CBI established many many banks. And they started with the United States of America, remember? ...the CBI will tell you about these banks when they lift the value because they are going to want you to go into these banks to exchange your dinar there. You know why? Because those banks will send the dinars back to the CBI. If you go into an American bank they are going to send it to the United States Treasury. They need to collect all their 3 zeros. All these satellite banks IMO are now notified.
12-3-2020 Newshound/Intel Guru Mnt Goat Folks today the news is all about the monetary policy of Iraq and what to do with the currency. Can the news get any clearer than this that they are debating a course of action? ...I know they have already decided a course of action...I am in communication with the CBI. I have been told they are going to move ahead with the project to delete the zeros sometimes prior to Christmas holidays in preparation for the early January reinstatement. ...The initial rate once they drop the zeros will be right around what I told you...It has not changed. [reference Mnt Goat posts 10-14-2020 & 10-9-2020, part 3] ...remember they must wait a period of time to monitor for inflation prior to the FOREX reinstatement. I believe this is the time when they may allow us to come in and exchange...
12-3-2020 Intel Guru Delta ...For the first time ever they [Iraq's parliament] demanded the CBI to lift the 3 zeros. We dreamed about this...remember everyone before was against it. But now it's all over the news. We are on the verge to see something...there is a very high possibility, I may be wrong, they told us the 2021 budget has the rate. The council of ministers is going to pass it on Saturday. That means if there's a rate in it then everyone [Parliament] is going to be exposed...so sometimes between now and then IMO that is another possible window maybe the CBI might show us the rate. Unless the government postpones that [passing along the budget] again...
12-3-2020 Newshound/Intel Guru Walkingstick and Intel Guru Frank26 We believe IOO that the floor managers of Iraqi banks are now receiving the information that the executive level and the senior executive level have received.
12-3-2020 Intel Guru Frank26 ...It's going fast...I say this in a very facetious way, I'm kinda bored. All they do is talk about [In articles] is a new exchange rate, lifting the 3 zeros, a new currency! <playful yawn>...the beauty is that they're talking about it...it's pretty obvious...Everybody knows! It's very hard to keep a secret in Iraq...
12-3-2020 Newshound Guru Breitling It's a beautiful thing what's happening right now. One way or the other I promise you it doesn't matter if Biden is in there or Trump is in there. Nothing has been taken off the table. The difference is going to be the rate on it climbing. Under Biden or Under Trump it's going to come out the same rate whether it's .53, .46, .70 whatever but how it climbs from that point on will be determined on the way they're structured the market. Biden is different from Trump. That's all it is...it's the speed that changes. That's it. So nothing to worry about...
12-3-2020 Intel Guru MarkZ [via PDK] [What is your best guess on the dong rate...] My best guess is it is going to be around $2.25…this is just a guess…that is what I have heard, and seen when doing research….and what makes the most sense imo.
12-3-2020 Intel Guru Bruce [via WiserNow] The latest information is telling us that certain banks - our sources for this – from the high end corporate level – that we are in a very narrow window right now – in fact – from 4 separate sources I am getting a within 36 hour window ...from 8 o’clock Eastern – tonight [Tuesday]...the timing for the release...from a very interesting and qualified source... depending on what time zone you’re in...this could be a very late at night or very early morning event for us...I’m excited – more than I’ve ever been – the fact that it really does appear this is coming to a distinctly beautiful ending for us... [post 2 of 2]
12-3-2020 Intel Guru Bruce [via WiserNow] ...we have reason to believe that some green light so to speak have been lit already and...we are expecting things to happen in a relatively short period of time for us...the information we’re getting out of Iraq is that the ATM machines that are loaded in Iraq with the lower denominations of the new Iraqi Dinar are to be switched on and finally turned on either tomorrow (Wed) or Thursday. ...we are looking for Iraq to put out an international rate...probably tomorrow [Wed] or Thursday... [post 1 of 2....stay tuned]
12-2-2020 Newshound Guru Jeff "Deleting the zeros" could mean deleting zeros off of the physical note themselves or off the rate. When they reference "delete the zeros" they mean in a way 2 things. They do mean delete zeros off the note but that's because...they're gonna replace the larger 3 zeroed notes with smaller notes and nothing greater than a 100 dinar. But the phrase "deleting the zeros" really means deleting zeros off the exchange rate [.00086 becomes .86 ]. The only way they can strengthen the dinar is to replace large notes with small notes and delete zeros off the exchange rate to increase the value. That's all this means. Nothing more.
12-2-2020 Intel Guru Frank26 ...IMO there are 5 steps that we are looking at...What are the 5 steps? 1. The executive bankers they met with the CBI and the CBI told the executive branch level of all the banks in Iraq this is what we are doing with the monetary reform. The count. The printing. The new exchange rate. The date we want to do this. The rate we're gonna come out at...that was two weeks ago...now step 2. The Senior executive level at the banks. That was last week...step 3. This week the floor managers are going to start receiving their information...Step 4 that would be the tellers...that will probably be more than likely next week or the week after. The Managers this week and then it goes to the tellers... Step 5. The Citizens...it's going fast.
12-2-2020 Newshound/Intel Guru Mnt Goat Article: "THE INTERNATIONAL MONETARY FUND INTENDS TO LEND IRAQ 7 BILLION DOLLARS"...we know Iraq does not have the funds to pay salaries beyond September. They are late already paying our November’s. Okay so why would the IMF all of sudden change its mind and decide to loan Iraq money? They just told us 6 months ago there was a moratorium on loaning any money to Iraq . So, what has changed? I will tell you...it was the fact that Iraq presented the “white paper” and the second major reform on it is the project to delete the zeros...by completing this project it leads to the reinstatement we are looking for. ...this article is yet another indication that the reinstatement is much sooner than later.
12-2-2020 Newshound Guru Pimpy ...the deletion of the zeros what that means is devaluing the currency the Iraqi dinar. Which is not the same as deleting the zeros off the rate. That's different. I'm talking about deleting the zeros off the dinar. So what happens is 1000 dinar becomes 1 dinar...that doesn't help Iraq at all...There's a lot of back and forth about this...you've got one person talking about they need to delete off the exchange rate, which we love and support that of course because that's good for us. But the deletion off the currency is not good...just be happy that they're talking about it...we want to see what they do not what they say...
12-2-2020 Newshound Guru Breitling People are looking at the Iraqi dinar and saying, 'there has never been a currency ever that they added that much value over night. How can they do that." ...that value was taken away. It's not inflation. How did they take it away? They printed more currency..
12-2-2020 Intel Guru MarkZ [via PDK] What I am seeing right now is continued in Iraq and Vietnam as they prepare for the change in the value of their currencies. This is what brings me the most comfort right now. It has gone from the CBI level to the individual bank level in Iraq as they work on the education process. ...timing wise my best guess is it will happen sooner rather than later.
12-2-2020 Intel Guru Bluwolf ...I don't control this outcome...that is up to your Commander in Chief and...my voice as of many others have reach his ears and we have encourage to give the GO. And you know what he is really pushing it forward thanks to all who have written to him. We encourage him to release the RV/redemption last 2nd of October and he ordered it but then because of a security breach that was postponed somehow till today...Your blessing are now just hours away... And this will only get done if Mr.President overrides everything and does so. ..."WE WILL HAVE A MERRY CHRISTMAS."
[post 2 of 2]
12-2-2020 Intel Guru Bluwolf ...I like many have very good sources and in very high places...I take my responsibility very seriously...I speak only when the time is precise and I cut it very short...The variables or shifts that transpire is not because of false information but SIMPLY BECAUSE OF CORRUPT GOVERNMENT PARTIES AND THERE PUPPETRY AGENDAS AND THE SO CALL ELITES... [post 1 of 2....stay tuned]
12-2-2020 Intel Guru Frank26 ...By raising the value of the Iraq dinar the citizens can go and buy these bonds as an investment with the Iraqi dinar...If you try to buy these bonds with the American dollar the GOI is going to tell you - nope. No can do. You have to buy with Iraqi dinars...by selling these bonds it's going to help the dinar - monetary reform. Brilliant. [Post 2 of 2]
12-2-2020 Intel Guru Frank26 Article: "Iraq seeks to "sell things" at about $5 billion to citizens" ...This is huge. This is monstrous. Bonds. No other guru is talking to you about this...this is so important. The article very plainly tells you, 'we are going to fix the exchange rate...it's going to be fixed against the American dollar." That's a rate of 1 to 1. They told you that many years ago and now they're telling you again now... [Post 1 of 2....stay tuned]
12-2-2020 Newshound Guru Jeff Article: "An economist calls for deleting the three zeros from the dinar to strengthen the local currency" Another good article to share with you...talking about deleting the zeros to strengthen the dinar. Notice how they used the word "strengthen" the dinar. I don't have to tell you from my opinion it's strengthening. They're telling you it's strengthening...over the last 3 to 6 months they put a lot of articles out talking about devaluing the Iraq dinar. Now they're talking about strengthening the dinar...notice how they're doing this now and they've put an emphasis on it for the past week...this article straight up tells you strengthening the Iraq dinar...
12-2-2020 Intel Guru Frank26 ...IMO there are 5 steps that we are looking at...What are the 5 steps? 1. The executive bankers they met with the CBI and the CBI told the executive branch level of all the banks in Iraq this is what we are doing with the monetary reform. The count. The printing. The new exchange rate. The date we want to do this. The rate we're gonna come out at...that was two weeks ago...now step 2. The Senior executive level at the banks. That was last week...step 3. This week the floor managers are going to start receiving their information...Step 4 that would be the tellers...that will probably be more than likely next week or the week after. The Managers this week and then it goes to the tellers... Step 5. The Citizens...it's going fast.
12-2-2020 Newshound/Intel Guru Mnt Goat Article: "THE INTERNATIONAL MONETARY FUND INTENDS TO LEND IRAQ 7 BILLION DOLLARS"...we know Iraq does not have the funds to pay salaries beyond September. They are late already paying our November’s. Okay so why would the IMF all of sudden change its mind and decide to loan Iraq money? They just told us 6 months ago there was a moratorium on loaning any money to Iraq . So, what has changed? I will tell you...it was the fact that Iraq presented the “white paper” and the second major reform on it is the project to delete the zeros...by completing this project it leads to the reinstatement we are looking for. ...this article is yet another indication that the reinstatement is much sooner than later.
12-2-2020 Newshound Guru Pimpy ...the deletion of the zeros what that means is devaluing the currency the Iraqi dinar. Which is not the same as deleting the zeros off the rate. That's different. I'm talking about deleting the zeros off the dinar. So what happens is 1000 dinar becomes 1 dinar...that doesn't help Iraq at all...There's a lot of back and forth about this...you've got one person talking about they need to delete off the exchange rate, which we love and support that of course because that's good for us. But the deletion off the currency is not good...just be happy that they're talking about it...we want to see what they do not what they say...
12-2-2020 Newshound Guru Breitling People are looking at the Iraqi dinar and saying, 'there has never been a currency ever that they added that much value over night. How can they do that." ...that value was taken away. It's not inflation. How did they take it away? They printed more currency..
12-2-2020 Intel Guru MarkZ [via PDK] What I am seeing right now is continued in Iraq and Vietnam as they prepare for the change in the value of their currencies. This is what brings me the most comfort right now. It has gone from the CBI level to the individual bank level in Iraq as they work on the education process. ...timing wise my best guess is it will happen sooner rather than later.
12-2-2020 Intel Guru Bluwolf ...I don't control this outcome...that is up to your Commander in Chief and...my voice as of many others have reach his ears and we have encourage to give the GO. And you know what he is really pushing it forward thanks to all who have written to him. We encourage him to release the RV/redemption last 2nd of October and he ordered it but then because of a security breach that was postponed somehow till today...Your blessing are now just hours away... And this will only get done if Mr.President overrides everything and does so. ..."WE WILL HAVE A MERRY CHRISTMAS."
[post 2 of 2]
12-2-2020 Intel Guru Bluwolf ...I like many have very good sources and in very high places...I take my responsibility very seriously...I speak only when the time is precise and I cut it very short...The variables or shifts that transpire is not because of false information but SIMPLY BECAUSE OF CORRUPT GOVERNMENT PARTIES AND THERE PUPPETRY AGENDAS AND THE SO CALL ELITES... [post 1 of 2....stay tuned]
12-2-2020 Intel Guru Frank26 ...By raising the value of the Iraq dinar the citizens can go and buy these bonds as an investment with the Iraqi dinar...If you try to buy these bonds with the American dollar the GOI is going to tell you - nope. No can do. You have to buy with Iraqi dinars...by selling these bonds it's going to help the dinar - monetary reform. Brilliant. [Post 2 of 2]
12-2-2020 Intel Guru Frank26 Article: "Iraq seeks to "sell things" at about $5 billion to citizens" ...This is huge. This is monstrous. Bonds. No other guru is talking to you about this...this is so important. The article very plainly tells you, 'we are going to fix the exchange rate...it's going to be fixed against the American dollar." That's a rate of 1 to 1. They told you that many years ago and now they're telling you again now... [Post 1 of 2....stay tuned]
12-2-2020 Newshound Guru Jeff Article: "An economist calls for deleting the three zeros from the dinar to strengthen the local currency" Another good article to share with you...talking about deleting the zeros to strengthen the dinar. Notice how they used the word "strengthen" the dinar. I don't have to tell you from my opinion it's strengthening. They're telling you it's strengthening...over the last 3 to 6 months they put a lot of articles out talking about devaluing the Iraq dinar. Now they're talking about strengthening the dinar...notice how they're doing this now and they've put an emphasis on it for the past week...this article straight up tells you strengthening the Iraq dinar...
12-1-2020 Newshound/Intel Guru Mnt Goat Article: "CUSTOMS: AUTOMATING OUR PROCEDURES ACCORDING TO THE ASYCUDA SYSTEM WILL AFFECT THE DEVELOPMENT OF THE IRAQI ECONOMY" ...the electronic international AsyCoda system can not work without being connected to FOREX. Yes, they can then get the rates for all the currencies except the Iraqi dinar. How will this system work then? It won’t and they are stuck until they reinstate the dinar back on FOREX...this is a FACT. ...this article is an indication to us that they are moving ahead to the reinstatement timeframe and necessity to do it sooner than later.
12-1-2020 Newshound Guru Breitling Who's going to be the next president? The policy will completely change...even though policy changes...Iraq's agenda and what they want to do and what they have to do is not going to change...stop living in fear...
12-1-2020 Newshound Guru Jeff We are in a great position because we're at the end. Iraq is back to the good news. The real news. When Iraq finished the borrowing law that was the last step they needed to change the rate. They're showing you this. That's why now that they finished the borrowing law they are talking about improving the exchange rate and reforming the banking sector.
12-1-2020 Intel Guru MarkZ [via PDK] I am firmly in the camp that the VND will revalue with the dinar. Iraq holds a considerable amount of VND in their Treasury of foreign currency reserves and Vietnam holds a considerable amount of Dinar in theirs…They have intertwined themselves in each others futures by holding each others currencies in their foreign currency reserves…many countries hold those two currencies in their reserves…even the US has a lot because they know what is coming…
12-1-2020 Newshound/Intel Guru Mnt Goat ...we wait and listen for signs and information from the CBI. This is our only course of action is trying to figure out a close proximity to the reinstatement timeframe...We know the case can be made to look to early January 2021 for the reinstatement of the Iraqi dinar. There is just too much information...not to go in this direction of thinking. This week’s news proves that they are moving in this direction...
12-1-2020 Newshound Guru Jeff Article: "Finance Minister Ali Allawi praises the efforts of the Iraqi Private Banking Association in support of economic reform" Now they're talking about improving their exchange rate, deleting zeros, bringing forth new taxes and reforming their banking sector. The borrowing law was the last step. They're now ready to do the rate change. That's what they're telling here...through this past week they they put a huge emphasis on improving the exchange rate - when Iraq puts an emphasis on something new it takes them 3 to 4 month.
12-1-2020 Intel Guru Frank26 "Deleting the zeros from the currency" what does that mean? It means collecting the notes that are out in the streets, under the beds of Iraqi citizens, the 3 zero notes that you have...the new exchange rate also lifts 3 zeros because the exchange rate .00085 becomes .85...
12-1-2020 Newshound Guru Breitling ...Iraq is going to add value to the currency...who cares about how long you've had to wait...that has no factor at all in the reality that the Iraqi dinar is under valued...they have a plan to add value to it... you should be very happy about what could happen either way [Trump or Biden]...you can be confident with either or. That's it.
12-1-2020 Newshound Guru Jeff ...you see the facts as I bring them to you. They paint a picture. They're walking you to the finish line. One of the main things I told you was after the borrowing law Iraq would be ready to change the rate. After they finished the borrowing law...the very next level of things they talk about - increasing the change rate. That's been one of their new emphasis since last Sunday of last weekend, a week ago. And reforming the banking sector...that's great news we're right on the edge of this...
12-1-2020 Newshound Guru Breitling Who's going to be the next president? The policy will completely change...even though policy changes...Iraq's agenda and what they want to do and what they have to do is not going to change...stop living in fear...
12-1-2020 Newshound Guru Jeff We are in a great position because we're at the end. Iraq is back to the good news. The real news. When Iraq finished the borrowing law that was the last step they needed to change the rate. They're showing you this. That's why now that they finished the borrowing law they are talking about improving the exchange rate and reforming the banking sector.
12-1-2020 Intel Guru MarkZ [via PDK] I am firmly in the camp that the VND will revalue with the dinar. Iraq holds a considerable amount of VND in their Treasury of foreign currency reserves and Vietnam holds a considerable amount of Dinar in theirs…They have intertwined themselves in each others futures by holding each others currencies in their foreign currency reserves…many countries hold those two currencies in their reserves…even the US has a lot because they know what is coming…
12-1-2020 Newshound/Intel Guru Mnt Goat ...we wait and listen for signs and information from the CBI. This is our only course of action is trying to figure out a close proximity to the reinstatement timeframe...We know the case can be made to look to early January 2021 for the reinstatement of the Iraqi dinar. There is just too much information...not to go in this direction of thinking. This week’s news proves that they are moving in this direction...
12-1-2020 Newshound Guru Jeff Article: "Finance Minister Ali Allawi praises the efforts of the Iraqi Private Banking Association in support of economic reform" Now they're talking about improving their exchange rate, deleting zeros, bringing forth new taxes and reforming their banking sector. The borrowing law was the last step. They're now ready to do the rate change. That's what they're telling here...through this past week they they put a huge emphasis on improving the exchange rate - when Iraq puts an emphasis on something new it takes them 3 to 4 month.
12-1-2020 Intel Guru Frank26 "Deleting the zeros from the currency" what does that mean? It means collecting the notes that are out in the streets, under the beds of Iraqi citizens, the 3 zero notes that you have...the new exchange rate also lifts 3 zeros because the exchange rate .00085 becomes .85...
12-1-2020 Newshound Guru Breitling ...Iraq is going to add value to the currency...who cares about how long you've had to wait...that has no factor at all in the reality that the Iraqi dinar is under valued...they have a plan to add value to it... you should be very happy about what could happen either way [Trump or Biden]...you can be confident with either or. That's it.
12-1-2020 Newshound Guru Jeff ...you see the facts as I bring them to you. They paint a picture. They're walking you to the finish line. One of the main things I told you was after the borrowing law Iraq would be ready to change the rate. After they finished the borrowing law...the very next level of things they talk about - increasing the change rate. That's been one of their new emphasis since last Sunday of last weekend, a week ago. And reforming the banking sector...that's great news we're right on the edge of this...
11-30-2020 Newshound Guru Breitling When they start adding value to the currency it's going to be the same with Trump or Biden. But what's going to determine its final outcome is a different path. For Trump it's a long term deal. For Biden it's probably going to be a short-term deal. And that's how you have to look at it.
11-30-2020 Intel Guru MarkZ [via PDK] I hear we may need a shutdown…I think we are inching closer to that over the next week. I am hearing after the 10th or so…I think during this shut down…this is when they will bring us in for our exchanges… [is this info from DC, just Chatter, rumors or intel?] Based on where it came from I would call it good intel at this point. Pretty solid.
11-30-2020 Newshound Guru Jeff History is repeating itself right now. Iraq is walking in Kuwait's footsteps. You are going to see a lot of things repeating itself as Iraq moves forward...Kuwait changed their rate on Sunday March 24th 1991...
11-30-2020 Newshound Guru Breitling ...Here's the bigger picture...remember Iraq under George Bush Jr. said they wanted to create a new currency [Iraqi dinar] that would be used as a foreign currency reserve in other countries...they'll want to get it to the $3.25 range and they'll want to get it so that it's going to be a foreign reserve currency for other countries...that was their original plan...What's the prediction? ...My prediction is they are going to revalue. My prediction is under Biden it's one plan and under Trump it's a different plan...
11-30-2020 Intel Guru MarkZ [via PDK] My contacts in Iraq are still exceptionally excited…I spoke to one who is a Sargent Major or an E9, and he brought up how close this is to finally happen…he talked about the education process ongoing with the Iraqi people...he is a dinar holder as many military leaders are…over the last 2 weeks in Iraq, they have the LD’s ready to go and have been actually training branch tellers and bank employees...it has reached a whole new level of training in Iraq...There has been a lot of movement over there.
11-30-2020 Intel Guru RayRen98 PM Kadhimi gave the order today to send the 2021 budget to the Council of Ministers for their immediate review. The Kurds are bringing a delegation to Baghdad tomorrow to resolve issues relating to the 2021 budget, based on it being presented to the Council of Ministers this week.
11-30-2020 Newshound Guru Jeff This is an amazing article "Representative Finance: The proposal for a "white paper" to replace the currency requires a lot of money" ...now they're talking about reviewing the exchange rate and replacing the currency...guys it doesn't get any better than that. They're blatantly telling you that they are ready to improve their exchange rate and delete the zeros from the currency...but again it takes them 3 to 4 months to do it. [Post 2 of 2]
11-30-2020 Newshound Guru Jeff They are pouring articles out left and right talking about deleting the zeros, new revenues, taxation, improving the exchange rate of the Iraq dinar. They're now telling you there's nothing left for them to change the rate...you're in the best position right now. Ever. They're blatantly telling you they have nothing left and they are ready to change the rate. But you got to remember when they put a new emphasis on something it takes them 3 to 4 months to do it... [Post 1 of 2....stay tuned]
11-30-2020 Newshound Guru Breitling ...People keep forgetting - the currency [Iraqi dinar] is undervalued. They devalued the currency. That's not a market rate. They kept printing the currency. They even said that they were going to do that. And they did that. So when they say they want to add value to the currency, I believe them because they followed through on everything... they are going to add value to their currency.
11-30-2020 Intel Guru MarkZ [via PDK] I hear we may need a shutdown…I think we are inching closer to that over the next week. I am hearing after the 10th or so…I think during this shut down…this is when they will bring us in for our exchanges… [is this info from DC, just Chatter, rumors or intel?] Based on where it came from I would call it good intel at this point. Pretty solid.
11-30-2020 Newshound Guru Jeff History is repeating itself right now. Iraq is walking in Kuwait's footsteps. You are going to see a lot of things repeating itself as Iraq moves forward...Kuwait changed their rate on Sunday March 24th 1991...
11-30-2020 Newshound Guru Breitling ...Here's the bigger picture...remember Iraq under George Bush Jr. said they wanted to create a new currency [Iraqi dinar] that would be used as a foreign currency reserve in other countries...they'll want to get it to the $3.25 range and they'll want to get it so that it's going to be a foreign reserve currency for other countries...that was their original plan...What's the prediction? ...My prediction is they are going to revalue. My prediction is under Biden it's one plan and under Trump it's a different plan...
11-30-2020 Intel Guru MarkZ [via PDK] My contacts in Iraq are still exceptionally excited…I spoke to one who is a Sargent Major or an E9, and he brought up how close this is to finally happen…he talked about the education process ongoing with the Iraqi people...he is a dinar holder as many military leaders are…over the last 2 weeks in Iraq, they have the LD’s ready to go and have been actually training branch tellers and bank employees...it has reached a whole new level of training in Iraq...There has been a lot of movement over there.
11-30-2020 Intel Guru RayRen98 PM Kadhimi gave the order today to send the 2021 budget to the Council of Ministers for their immediate review. The Kurds are bringing a delegation to Baghdad tomorrow to resolve issues relating to the 2021 budget, based on it being presented to the Council of Ministers this week.
11-30-2020 Newshound Guru Jeff This is an amazing article "Representative Finance: The proposal for a "white paper" to replace the currency requires a lot of money" ...now they're talking about reviewing the exchange rate and replacing the currency...guys it doesn't get any better than that. They're blatantly telling you that they are ready to improve their exchange rate and delete the zeros from the currency...but again it takes them 3 to 4 months to do it. [Post 2 of 2]
11-30-2020 Newshound Guru Jeff They are pouring articles out left and right talking about deleting the zeros, new revenues, taxation, improving the exchange rate of the Iraq dinar. They're now telling you there's nothing left for them to change the rate...you're in the best position right now. Ever. They're blatantly telling you they have nothing left and they are ready to change the rate. But you got to remember when they put a new emphasis on something it takes them 3 to 4 months to do it... [Post 1 of 2....stay tuned]
11-30-2020 Newshound Guru Breitling ...People keep forgetting - the currency [Iraqi dinar] is undervalued. They devalued the currency. That's not a market rate. They kept printing the currency. They even said that they were going to do that. And they did that. So when they say they want to add value to the currency, I believe them because they followed through on everything... they are going to add value to their currency.
11-29-2020 Intel Guru RayRen98 WELL, BANKS WERE STAFFED TODAY AT THEIR RESPECTIVE EXCHANGE CENTERS...WAITING... LOOKING... ANTICIPATING...THE INEVITABLE.
11-29-2020 Intel Guru Austin Powers-For-PM Article: "The Iraqi government announces a positive development regarding the 2021 budget" Quote: “The seriousness of the Iraqi government in sending the draft budget bill for 2021 to the Iraqi parliament this week.” It sounds like they are seriously "On the clock".
11-29-2020 Newshound Guru Jeff This week is when Iraq finally came forward talking about how they really need to do something with the exchange rate. They just starting this roughly since last weekend. It's a new patter for about a week now. Article: "Parliamentary Finance issues a package of reforms that include imposing a value-added tax and reviewing the dollar exchange rate" Here they're talking about deleting the zeros, doing something with the exchange rate and implementing taxes. Notice how this type information did not come forward until Iraq finished the borrowing law. Remember I stressed to you the borrowing law was the last step needed before they could change their rate? There you go. Now they can change the rate at any point in time. But they have to do it by the end of March...we're in a great spot right now...
11-29-2020 Newshound Guru Breitling ...So what does Iraq have to do under a Biden administration? What do they want to do? They want to add value to their currency...Trump's plan...is more of a long term steady outlook...Short term - if Biden gets in it's going to be very very good for us. Long term if Trump gets in then Iraq is going to be part of our market and guess what? It's a longer road with a higher rate. [Post 2 of 2]
11-29-2020 Newshound Guru Breitling ...You can't worry about what you can't control...You have a plan for if Trump is going to be in office and you have a plan for if Biden is going to be in office...it doesn't matter who is president. The thing that disturbs me most about this stuff is the gloom and doom talk. "If this guy get's in it's all over." "If THIS guy gets in it's all over." None of it's true. Never has been. Never will be... [Post 1 of 2....stay tuned]
11-29-2020 Intel Guru RayRen98 US Bank News...Some banks are "ON EXCHANGE LOCATION" today...waiting for the "GO" signal! (Except Texas, more than likely) Various rates for different currencies are being communicated to us...supposedly at the banks discretion? Have your "Game On" when you go in to exchange.
11-29-2020 Intel Guru Austin Powers-For-PM Article: "The Iraqi government announces a positive development regarding the 2021 budget" Quote: “The seriousness of the Iraqi government in sending the draft budget bill for 2021 to the Iraqi parliament this week.” It sounds like they are seriously "On the clock".
11-29-2020 Newshound Guru Jeff This week is when Iraq finally came forward talking about how they really need to do something with the exchange rate. They just starting this roughly since last weekend. It's a new patter for about a week now. Article: "Parliamentary Finance issues a package of reforms that include imposing a value-added tax and reviewing the dollar exchange rate" Here they're talking about deleting the zeros, doing something with the exchange rate and implementing taxes. Notice how this type information did not come forward until Iraq finished the borrowing law. Remember I stressed to you the borrowing law was the last step needed before they could change their rate? There you go. Now they can change the rate at any point in time. But they have to do it by the end of March...we're in a great spot right now...
11-29-2020 Newshound Guru Breitling ...So what does Iraq have to do under a Biden administration? What do they want to do? They want to add value to their currency...Trump's plan...is more of a long term steady outlook...Short term - if Biden gets in it's going to be very very good for us. Long term if Trump gets in then Iraq is going to be part of our market and guess what? It's a longer road with a higher rate. [Post 2 of 2]
11-29-2020 Newshound Guru Breitling ...You can't worry about what you can't control...You have a plan for if Trump is going to be in office and you have a plan for if Biden is going to be in office...it doesn't matter who is president. The thing that disturbs me most about this stuff is the gloom and doom talk. "If this guy get's in it's all over." "If THIS guy gets in it's all over." None of it's true. Never has been. Never will be... [Post 1 of 2....stay tuned]
11-29-2020 Intel Guru RayRen98 US Bank News...Some banks are "ON EXCHANGE LOCATION" today...waiting for the "GO" signal! (Except Texas, more than likely) Various rates for different currencies are being communicated to us...supposedly at the banks discretion? Have your "Game On" when you go in to exchange.
11-28-2020 Newshound Guru MilitiaMan Article: "The housing fund adopts electronic collection in collecting money" Fairly sure, the ATMs will have some new issues inside them.. Especially when we see them talking about the deletion of the zeros and the exchange rate to the Dollar.. Going to a market economy will require it...imo
11-28-2020 Newshound Guru MilitiaMan Article: "The Central Bank launches the electronic collection project for the housing fund" AUTOMATION...They already told us about the ELECTRONIC DINAR!! More evidence they are gearing for a whole new economy and way of doing business...Going DIGITAL...Going Global...Love it..
11-28-2020 Newshound Guru Breitling ...Iraq is not going to change. They have a desire. They have a need to add value to their currency that they control. Do they want U.S. dollars? Sure, but they don't control it. They want a currency that they can control...Is that going to change if Biden gets in? No. You don't need to worry about that. What comes under the two administration is - What is the rate going to come out at? And then how far can the value of that currency go - at what speed?
11-28-2020 Newshound Guru MilitiaMan They are going to issue the electronic dinar. Just as their neighbors are doing, too. They are effectively going to be more cashless in the end run. In the mean time the automation of the ports and borders will be taxing them, too. They will automatically be able to adjust pricing when needed. IF we recall the UN was in town this week. The UN wanted the correction to the White Papers...Well that correction is the rate, imo...The UN didn't show up just for shiz and gigs, be sure...imo... I hope this one...sets well for everyone, as the reviewing of the exchange rate to the dollar and the deletion of zeros is some serious meat on the bone...imo. [post 2 of 2]
11-28-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance issues a package of reforms that includes imposing a value-added tax and reviewing the dollar exchange rate" Surely they have presented the papers for the taxes at this time for a purpose. They will delete the zeros to be able to afford the 12% tax. Added value to the dinar will allow for the tax to be absorbed by even the poor...Quite clear now they have full intentions of raising the three zeros and going to an international free market economy. [post 1 of 2....stay tuned]
11-28-2020 Newshound Guru Pimpy Very interesting big moves happening that definitely will have an effect on the dinar IMO. Article: "Iraq is preparing a plan to join the World Trade Organization in early 2021" ...this is great news...I really want to see this happen for them. Getting them in the World Trade Organization will really help Iraq grow. This effects both the currency and as well as shares on the ISX...I'm encouraged by what I see...this is looking good...
11-28-2020 Newshound/Intel Guru Mnt Goat ...currency auctions are going to stop soon and they are going to issue the newer notes for lower denominations in Iraq. They are more than ready. I have talked to my CBI contact this week and I was told they will have the “green light” very soon. They are making their last preparations.
11-28-2020 Newshound Guru MilitiaMan Article: "The Central Bank launches the electronic collection project for the housing fund" AUTOMATION...They already told us about the ELECTRONIC DINAR!! More evidence they are gearing for a whole new economy and way of doing business...Going DIGITAL...Going Global...Love it..
11-28-2020 Newshound Guru Breitling ...Iraq is not going to change. They have a desire. They have a need to add value to their currency that they control. Do they want U.S. dollars? Sure, but they don't control it. They want a currency that they can control...Is that going to change if Biden gets in? No. You don't need to worry about that. What comes under the two administration is - What is the rate going to come out at? And then how far can the value of that currency go - at what speed?
11-28-2020 Newshound Guru MilitiaMan They are going to issue the electronic dinar. Just as their neighbors are doing, too. They are effectively going to be more cashless in the end run. In the mean time the automation of the ports and borders will be taxing them, too. They will automatically be able to adjust pricing when needed. IF we recall the UN was in town this week. The UN wanted the correction to the White Papers...Well that correction is the rate, imo...The UN didn't show up just for shiz and gigs, be sure...imo... I hope this one...sets well for everyone, as the reviewing of the exchange rate to the dollar and the deletion of zeros is some serious meat on the bone...imo. [post 2 of 2]
11-28-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance issues a package of reforms that includes imposing a value-added tax and reviewing the dollar exchange rate" Surely they have presented the papers for the taxes at this time for a purpose. They will delete the zeros to be able to afford the 12% tax. Added value to the dinar will allow for the tax to be absorbed by even the poor...Quite clear now they have full intentions of raising the three zeros and going to an international free market economy. [post 1 of 2....stay tuned]
11-28-2020 Newshound Guru Pimpy Very interesting big moves happening that definitely will have an effect on the dinar IMO. Article: "Iraq is preparing a plan to join the World Trade Organization in early 2021" ...this is great news...I really want to see this happen for them. Getting them in the World Trade Organization will really help Iraq grow. This effects both the currency and as well as shares on the ISX...I'm encouraged by what I see...this is looking good...
11-28-2020 Newshound/Intel Guru Mnt Goat ...currency auctions are going to stop soon and they are going to issue the newer notes for lower denominations in Iraq. They are more than ready. I have talked to my CBI contact this week and I was told they will have the “green light” very soon. They are making their last preparations.
11-27-2020 Newshound Guru Pimpy I know a lot of people are talking about the rate change happening in the 2021 budget. There's plenty of reason to think that. That might be possible. But stay grounded. It's not about what they talk about it's what they do...yes, they do want a real rate...and I support that 110%...
11-27-2020 Intel Guru MarkZ [via PDK] Iraq is still very confident we will see their new rates within a couple weeks...
11-27-2020 Newshound Guru Jeff Iraq has given you the back wall for the rate change...the end of March in '21. Here's why. Here's how...the reform funding payments, before they can make that payment, they have to change the rate. That's why the reforms have been outstanding for so long... Here's an older article from July of this year "Parliamentary Finance warns against moving towards changing the dinar exchange against the dollar" Quote: "there are possible intentions to change the exchange rate of the dollar against the dinar within the expected financial reform law." They're telling you the truth in this article...
11-27-2020 Newshound/Intel Guru Mnt Goat Where do we stand with the RV right now? ...we have NEVER been in a sweeter spot right now than maybe way back in 2012 when Dr, Shabibi was going to reinstate the dinar. ...I do not think they are going to stop it this time as there is too much as stake and they are giving us way too many signals that they fully intend to do it.
11-27-2020 Intel Guru Delta We don't have much left to find out...but all indications show Iraq is ready to go to the open market economy and go international, accept Article VIII...IOO all that does require a new rate, does require a recognizable tradable currency...very positive news. Very positive information ...within 40 days we are going to see...more and more. You haven't seen nothing yet! We're going to have more and more information especially from the CBI and the progress of the international countries helping Iraq...
11-27-2020 Newshound Guru Pimpy Article: "Al-Darraji Demands The Central Bank to Adopt A real Rate of the Iraqi Dinar" ...more dinar rate talk...this has been the cry of the Iraqi government for a while. They want their rate restored at the $3.22 level...I understand what they're saying. They do need a new rate. IMO the rate change should be a pretty beefy one...we definitely need to keep an eye on it...
11-27-2020 Intel Guru Frank26 I'm happy. I'm excited...I know I know we've been patient for years but when you see the shore line what's the sense of jumping out of the boat and swimming? Why didn't you jump out of the boat when we were in the middle of the ocean and swim to shore? Be patient. We can see the shoreline. We're about to dock...Iraq is about to enter the international world...
11-27-2020 Intel Guru MarkZ [via PDK] Iraq is still very confident we will see their new rates within a couple weeks...
11-27-2020 Newshound Guru Jeff Iraq has given you the back wall for the rate change...the end of March in '21. Here's why. Here's how...the reform funding payments, before they can make that payment, they have to change the rate. That's why the reforms have been outstanding for so long... Here's an older article from July of this year "Parliamentary Finance warns against moving towards changing the dinar exchange against the dollar" Quote: "there are possible intentions to change the exchange rate of the dollar against the dinar within the expected financial reform law." They're telling you the truth in this article...
11-27-2020 Newshound/Intel Guru Mnt Goat Where do we stand with the RV right now? ...we have NEVER been in a sweeter spot right now than maybe way back in 2012 when Dr, Shabibi was going to reinstate the dinar. ...I do not think they are going to stop it this time as there is too much as stake and they are giving us way too many signals that they fully intend to do it.
11-27-2020 Intel Guru Delta We don't have much left to find out...but all indications show Iraq is ready to go to the open market economy and go international, accept Article VIII...IOO all that does require a new rate, does require a recognizable tradable currency...very positive news. Very positive information ...within 40 days we are going to see...more and more. You haven't seen nothing yet! We're going to have more and more information especially from the CBI and the progress of the international countries helping Iraq...
11-27-2020 Newshound Guru Pimpy Article: "Al-Darraji Demands The Central Bank to Adopt A real Rate of the Iraqi Dinar" ...more dinar rate talk...this has been the cry of the Iraqi government for a while. They want their rate restored at the $3.22 level...I understand what they're saying. They do need a new rate. IMO the rate change should be a pretty beefy one...we definitely need to keep an eye on it...
11-27-2020 Intel Guru Frank26 I'm happy. I'm excited...I know I know we've been patient for years but when you see the shore line what's the sense of jumping out of the boat and swimming? Why didn't you jump out of the boat when we were in the middle of the ocean and swim to shore? Be patient. We can see the shoreline. We're about to dock...Iraq is about to enter the international world...
11-26-2020 Newshound Guru Jeff Article: "Al-Darraji Demands The Central Bank To Adopt A real Rate Of The Iraqi Dinar" ...Iraq is putting a decent emphasis on increasing their exchange rate...Here's an article from the 24th on that. Article: "Al-Samarrai Calls For Reforming The Central Bank and Unifying The Exchange Rate" Here's another one...from the 25th...it's really good that they're now putting an emphasis on this...their historical pattern is it takes them 3 to 4 months to get stuff implemented.
11-26-2020 Newshound/Intel Guru Mnt Goat Article: "DELETING 3 ZEROS FROM THE CURRENCY .. PARLIAMENTARY FINANCE IS SUSPENDED AND DETERMINES THE SIZE OF THE COST AND THE ECONOMIC EFFECTS" Quote: "Exiting the financial crisis is not only by deleting zeros from the Iraqi currency because the crisis is mainly economic, indicating that "deleting zeros” from the Iraqi dinar needs to print a new currency." I know for a FACT the new currency is already printed.
11-26-2020 Intel Guru Delta ...This is very important...they told us this one [2021 budget] should have the rate. Before that gets to parliament I think the CBI should make their move because the 2021 budget does have the new rate. You don't want to take that to the parliament because the leak would be all the way out. The CBI and the government IMO they have to raise the rate before that goes to the parliament ...the time frame is around December or early January. This is the best guess scenario...within about 40 days to know exactly what's going on...
11-26-2020 Newshound Guru Pimpy ...there is a little bit of a push from within the government for Iraq to do something with their exchange rate. Very interesting. I tried to see if I could get more information - I called around. There's not a whole lot of information about it...
11-26-2020 Newshound Guru Adam Montana ...the Trump Train is running out of time, but not out of steam. I'm excited to see what last minute things come out of the current President's office... and I would not be surprised at all to see something major that helps Iraq... would it really surprise you to see one of his last acts as President is something that helps the Iraqis boost the value of their currency? It won't be a surprise to me! The limited time Trump has left in office is actually an exciting factor in the Dinar world. I don't care if you like The Donald or not, you have to at least see the potential there!...GOOOO RRRRRVVVV!!!
11-26-2020 Intel Guru Bruce [via WiserNow] ...a lot of people are under NDA’s...we do believe that the schedules have been set already for us to go in and start... I have...information that is pointing us to starting right after Thanksgiving which is coming from very strong sources and pointing to Friday... we know that redemption centers staff is off on Thanksgiving Day...
11-26-2020 Newshound/Intel Guru Mnt Goat Article: "DELETING 3 ZEROS FROM THE CURRENCY .. PARLIAMENTARY FINANCE IS SUSPENDED AND DETERMINES THE SIZE OF THE COST AND THE ECONOMIC EFFECTS" Quote: "Exiting the financial crisis is not only by deleting zeros from the Iraqi currency because the crisis is mainly economic, indicating that "deleting zeros” from the Iraqi dinar needs to print a new currency." I know for a FACT the new currency is already printed.
11-26-2020 Intel Guru Delta ...This is very important...they told us this one [2021 budget] should have the rate. Before that gets to parliament I think the CBI should make their move because the 2021 budget does have the new rate. You don't want to take that to the parliament because the leak would be all the way out. The CBI and the government IMO they have to raise the rate before that goes to the parliament ...the time frame is around December or early January. This is the best guess scenario...within about 40 days to know exactly what's going on...
11-26-2020 Newshound Guru Pimpy ...there is a little bit of a push from within the government for Iraq to do something with their exchange rate. Very interesting. I tried to see if I could get more information - I called around. There's not a whole lot of information about it...
11-26-2020 Newshound Guru Adam Montana ...the Trump Train is running out of time, but not out of steam. I'm excited to see what last minute things come out of the current President's office... and I would not be surprised at all to see something major that helps Iraq... would it really surprise you to see one of his last acts as President is something that helps the Iraqis boost the value of their currency? It won't be a surprise to me! The limited time Trump has left in office is actually an exciting factor in the Dinar world. I don't care if you like The Donald or not, you have to at least see the potential there!...GOOOO RRRRRVVVV!!!
11-26-2020 Intel Guru Bruce [via WiserNow] ...a lot of people are under NDA’s...we do believe that the schedules have been set already for us to go in and start... I have...information that is pointing us to starting right after Thanksgiving which is coming from very strong sources and pointing to Friday... we know that redemption centers staff is off on Thanksgiving Day...
11-25-2020 Newshound Guru Jeff Article: "Al-Karraji Demands The Central Bank To Adopt A Real Rate Of The Iraqi Dinar".
11-25-2020 Intel Guru Delta ...Huge information came out...the Bank of International Settlement in Switzerland is the hub of central banks...to do a contract with them is very telling for the CBI...they are moving forward to keep going with a plan. It's very amazing progress and all positive news toward our investment ...the BIS is the one that distributes the rate internationally...this is huge by itself...
11-25-2020 Intel Guru Frank26 ...a couple weeks ago the upper echelon management of the banks in Iraq were invited to the CBI. It is my opinion the CBI talked to them about a date and rate. And also when they will be showing the citizens the new small category notes and rate...the last week or two weeks of this month it will go from the senior management level to the floor managers and then to the tellers...
11-25-2020 Intel Guru MarkZ I am still hearing a lot of chatter about the White Papers and whats in it….I am told the exact rate is not in it. They are wanting at least a $3.22 RI. My Iraqi contacts believe it will all be done over the next 2 weeks.
11-25-2020 Newshound/Intel Guru Mnt Goat ...the IMF for Iraq established these currency auctions to get them over the hump from the 10 year embargo and...another attack on the country n 2003...So now they have gotten so corrupt they can't get off of them. The embargos on Iran and taken this corruption to a new high...But the good news is the new CBI governor along with the new prime minister is going to shut down all this corruption, only the US Treasury is holding up the reinstatement of the dinar, which is needed to facilitate it. The prolonged delay is hurting Iraq as they need this change... but remember this is not as simple or clear as it seems so don’t try to pin point this to one or a couple single events to make it happen...We have insight as to what the plan is and how they are implementing it. The news is still all VERY GOOD and we will see the reinstatement much sooner than many of you think. [post 2 of 2]
11-25-2020 Newshound/Intel Guru Mnt Goat NO ONE SHOULD QUESTION THE VALUE OF THE DINAR. But there is a difference between VALUE and RATE. ...Like our president has said many times that currencies are not fairly given RATES to reflect their VALUE. Either they are overly valued or undervalued and the rates do not reflect the TRUE VALUE. He wants a “level playing field”...For Iraq dinar, what we should question is the RATE as it does not reflect the true VALUE of the dinar. It is being artificially suppressed. They do not need all this economic reforms and so on and so forth. Dr. Shabibi, a financial expert who’s opinion I highly respect, was willing to reinstate the currency way back in 2013...So this entire story line of having to do all these reforms can only help Iraq but totally unnecessary in the larger picture. We wait only because of the political stuff going on right now in the US... [post 1 of 2....stay tuned]
11-25-2020 Newshound Guru Jeff ...there's only one thing on the table that has a direct requirement for the rate change. It's the payments of the reforms. The reform payments require the rate change. Before they can make a payment Iraq's currency has to be internationally recognized...
11-25-2020 Newshound Guru MilitiaMan [what ever happened to the white papers and kazemi and the fab4 after he left washington? i thought it was a done deal with the cbi. can someone explain...] The white papers look today to have signs of partially being implemented, which, suggests things are underway, we just are not yet privy to the details. Imo.
11-25-2020 Intel Guru Delta ...Huge information came out...the Bank of International Settlement in Switzerland is the hub of central banks...to do a contract with them is very telling for the CBI...they are moving forward to keep going with a plan. It's very amazing progress and all positive news toward our investment ...the BIS is the one that distributes the rate internationally...this is huge by itself...
11-25-2020 Intel Guru Frank26 ...a couple weeks ago the upper echelon management of the banks in Iraq were invited to the CBI. It is my opinion the CBI talked to them about a date and rate. And also when they will be showing the citizens the new small category notes and rate...the last week or two weeks of this month it will go from the senior management level to the floor managers and then to the tellers...
11-25-2020 Intel Guru MarkZ I am still hearing a lot of chatter about the White Papers and whats in it….I am told the exact rate is not in it. They are wanting at least a $3.22 RI. My Iraqi contacts believe it will all be done over the next 2 weeks.
11-25-2020 Newshound/Intel Guru Mnt Goat ...the IMF for Iraq established these currency auctions to get them over the hump from the 10 year embargo and...another attack on the country n 2003...So now they have gotten so corrupt they can't get off of them. The embargos on Iran and taken this corruption to a new high...But the good news is the new CBI governor along with the new prime minister is going to shut down all this corruption, only the US Treasury is holding up the reinstatement of the dinar, which is needed to facilitate it. The prolonged delay is hurting Iraq as they need this change... but remember this is not as simple or clear as it seems so don’t try to pin point this to one or a couple single events to make it happen...We have insight as to what the plan is and how they are implementing it. The news is still all VERY GOOD and we will see the reinstatement much sooner than many of you think. [post 2 of 2]
11-25-2020 Newshound/Intel Guru Mnt Goat NO ONE SHOULD QUESTION THE VALUE OF THE DINAR. But there is a difference between VALUE and RATE. ...Like our president has said many times that currencies are not fairly given RATES to reflect their VALUE. Either they are overly valued or undervalued and the rates do not reflect the TRUE VALUE. He wants a “level playing field”...For Iraq dinar, what we should question is the RATE as it does not reflect the true VALUE of the dinar. It is being artificially suppressed. They do not need all this economic reforms and so on and so forth. Dr. Shabibi, a financial expert who’s opinion I highly respect, was willing to reinstate the currency way back in 2013...So this entire story line of having to do all these reforms can only help Iraq but totally unnecessary in the larger picture. We wait only because of the political stuff going on right now in the US... [post 1 of 2....stay tuned]
11-25-2020 Newshound Guru Jeff ...there's only one thing on the table that has a direct requirement for the rate change. It's the payments of the reforms. The reform payments require the rate change. Before they can make a payment Iraq's currency has to be internationally recognized...
11-25-2020 Newshound Guru MilitiaMan [what ever happened to the white papers and kazemi and the fab4 after he left washington? i thought it was a done deal with the cbi. can someone explain...] The white papers look today to have signs of partially being implemented, which, suggests things are underway, we just are not yet privy to the details. Imo.
11-24-2020 Newshound/Intel Guru Petra As you read about the white papers it really is driving the country to a brand new playing field. And it all starts with changing the rate...based on this white paper that I reviewed today their next step is they have to change the rate to make the rest of the white papers work...
11-24-2020 Intel/Newshound Gurus Frank26, Petra, Militiaman Guru Frank - the white papers have a lot of information in them. Do you agree with me when I say the white papers have the new exchange rate? Guru Militiaman - I would say they have been informed of the new exchange rate. The people who wrote this document I would say they are very aware of it. Guru Petra - It's hard to create a budget, a plan, a roadmap without knowing where you want to end up. So they have to have knowledge of the plan which would include the rate change in developing that plan...they have calculated and recalculated and recalculated to come up with the rate they're going with. And the fact that the financial world markets have agreed to this white paper strategy tells me there is a rate involved...yes, there is knowledge of the rate change...
11-24-2020 Intel Guru MarkZ [via PDK] News out of Iraq is still solid…no money moving yet in Asia, Europe, the Middle East or here yet… [Do you think the RV will happen before 2021?] Yes I do.
11-24-2020 Newshound/Intel Guru Petra I've been so high on this that I have to look down to see heaven. I'm so excited to see what's going on...the white paper detail...it clearly delineates the future for Iraq. And it's that plan that all does not happen without the change in the rate...it's an exciting time for all of us to consider where we're at with this investment. I'm very excited to be where we're at right now from a pure logic perspective...
11-24-2020 Newshound Guru Jeff ...about 2 months ago Iraq came out telling us that oil above $40 a barrel does cover their government operating expenses...Iraq can actually produce oil for about $10.70 per barrel. That was just 5 years ago. I doubt they're even above $15 at this point. Iraq can literally extract a barrel of oil for $15 a barrel. So anything above $15 is pure cash profit... Article "Brent barrel is at the highest level since March 2020". Brent oil was trading at $46.48. Brent oil is getting positioned to be able to fund Iraq's 2021 budget...
11-24-2020 Intel Guru Frank26 ...the white papers do have the exchange rate. But there's something else that Guru Walkingstick and I have been saying also has the new rate in it...the 2021 budget...the 2021 budget is mainly for parliament...And the white papers are for the international world. And both of them in my opinion contain the rate...The outside world - international investors - they get to see what the BIS is showing them. And that would be the white papers. The rate I believe is in both of these and they're being shown to the appropriate people...
11-24-2020 Newshound/Intel Guru Petra BIS is the Bank of International Settlement. They're the central bank of all central banks. It is the lead bank in the world. Their responsibility is to distribute the currency rates around the world to all the central banks...they work very tightly with the IMF and the World Bank. They are also involved in investing. I hope you all caught that article from Thursday or Friday highlighting their interest in Iraq. The big question one has to ask is - Why would the BIS be interested in investing in Iraq that is currency under Article 14 because they have not change their currency rate?
11-24-2020 Newshound/Intel Guru BGG ...opinion. Everyone has one. Uhhhhhhh… but did anyone mention to him [Guru Kaperoni] Iraq is in the news DAILY about “converting” to a “market economy” – they want to be included in the world market. [Reference Guru Kaperoni 11-23-2020]
11-24-2020 Newshound/Intel Guru Mnt Goat Article: "15 countries sign the world's largest trade agreement" Quote: "I am delighted to say that after eight years of hard work, as of today, we have officially reached the Regional Comprehensive Economic Partnership negotiations with a signature conclusion," said Vietnamese Prime Minister Noyn Chuan Phuc." So, what is the likelihood of the Dong going through a revaluation do to this agreement? Remember it is already trading on FOREX. Pay attention to what is going on and be ready!
11-24-2020 Intel/Newshound Gurus Frank26, Petra, Militiaman Guru Frank - the white papers have a lot of information in them. Do you agree with me when I say the white papers have the new exchange rate? Guru Militiaman - I would say they have been informed of the new exchange rate. The people who wrote this document I would say they are very aware of it. Guru Petra - It's hard to create a budget, a plan, a roadmap without knowing where you want to end up. So they have to have knowledge of the plan which would include the rate change in developing that plan...they have calculated and recalculated and recalculated to come up with the rate they're going with. And the fact that the financial world markets have agreed to this white paper strategy tells me there is a rate involved...yes, there is knowledge of the rate change...
11-24-2020 Intel Guru MarkZ [via PDK] News out of Iraq is still solid…no money moving yet in Asia, Europe, the Middle East or here yet… [Do you think the RV will happen before 2021?] Yes I do.
11-24-2020 Newshound/Intel Guru Petra I've been so high on this that I have to look down to see heaven. I'm so excited to see what's going on...the white paper detail...it clearly delineates the future for Iraq. And it's that plan that all does not happen without the change in the rate...it's an exciting time for all of us to consider where we're at with this investment. I'm very excited to be where we're at right now from a pure logic perspective...
11-24-2020 Newshound Guru Jeff ...about 2 months ago Iraq came out telling us that oil above $40 a barrel does cover their government operating expenses...Iraq can actually produce oil for about $10.70 per barrel. That was just 5 years ago. I doubt they're even above $15 at this point. Iraq can literally extract a barrel of oil for $15 a barrel. So anything above $15 is pure cash profit... Article "Brent barrel is at the highest level since March 2020". Brent oil was trading at $46.48. Brent oil is getting positioned to be able to fund Iraq's 2021 budget...
11-24-2020 Intel Guru Frank26 ...the white papers do have the exchange rate. But there's something else that Guru Walkingstick and I have been saying also has the new rate in it...the 2021 budget...the 2021 budget is mainly for parliament...And the white papers are for the international world. And both of them in my opinion contain the rate...The outside world - international investors - they get to see what the BIS is showing them. And that would be the white papers. The rate I believe is in both of these and they're being shown to the appropriate people...
11-24-2020 Newshound/Intel Guru Petra BIS is the Bank of International Settlement. They're the central bank of all central banks. It is the lead bank in the world. Their responsibility is to distribute the currency rates around the world to all the central banks...they work very tightly with the IMF and the World Bank. They are also involved in investing. I hope you all caught that article from Thursday or Friday highlighting their interest in Iraq. The big question one has to ask is - Why would the BIS be interested in investing in Iraq that is currency under Article 14 because they have not change their currency rate?
11-24-2020 Newshound/Intel Guru BGG ...opinion. Everyone has one. Uhhhhhhh… but did anyone mention to him [Guru Kaperoni] Iraq is in the news DAILY about “converting” to a “market economy” – they want to be included in the world market. [Reference Guru Kaperoni 11-23-2020]
11-24-2020 Newshound/Intel Guru Mnt Goat Article: "15 countries sign the world's largest trade agreement" Quote: "I am delighted to say that after eight years of hard work, as of today, we have officially reached the Regional Comprehensive Economic Partnership negotiations with a signature conclusion," said Vietnamese Prime Minister Noyn Chuan Phuc." So, what is the likelihood of the Dong going through a revaluation do to this agreement? Remember it is already trading on FOREX. Pay attention to what is going on and be ready!
11-23-2020 Newshound Guru MilitiaMan Article: "The Finance Committee sets the red lines available to the government to finance the deficit: borrowing...withholding salaries or printing a currency?" Quote: "the deduction and the reduction of the exchange rate against the dollar are among the red lines..." There it is again...The reduction of the EXCHANGE RATE TO THE DOLLAR!! 1000 less three zeros, 1/1..? ...they are not going to do deductions to salaries with out increasing their purchasing power, imo. This is the second article in 24 hours along the lines of reduction of the exchange rate, i.e., deletion of the zeros...They reduce the exchange rate and those that have foreign reserves are going to get a massive boost in value. The citizens will get purchase power. It is a win win all around...imo.
11-23-2020 Newshound Guru Kaperoni Doesn't matter how bad the conditions get in Iraq, there is no RV. Not how monetary policy works. The only way the dinar can rise is if Iraq creates the conditions, passes the laws and gets foreign investment to come in and create a private sector. In other words, unless they diversify, build a growing economy the dinar will do nothing. There is no magic wand.
11-23-2020 Newshound Guru MilitiaMan Article Quote: “It is noteworthy that a member of the Parliamentary Finance Committee, Jamal Cougar, said today, Sunday, that the government would resort to reducing employee salaries allocations, in light of the ongoing financial crisis, and the government will also resort to activating collection, taxes and direct deduction from the currency auction.” Reducing salary allocations means they are to be adjusting the exchange rate...Reducing the 000s from the exchange rate means effectively having to pay less currency as the value of it is greater!! Imo . Again, they are not going to tax at a program rate!! Imo
11-23-2020 Intel Guru MarkZ [via PDK] My chatter out of Iraq is still pretty encouraging. My folks on the ground agree that everything is done…just waiting for the shoe to drop.
11-23-2020 Newshound Guru Jeff ...There's a very good chance that we will most likely see the rate change during this 2020 Iraq fiscal period...because they got the borrowing law. That was money needed to fund the reforms in their budget...that's really good news that we saw Iraq do the borrowing law. The borrowing law simply means they can change at any time...
11-23-2020 Newshound Guru Pimpy ...always ask yourself what are the odds of them allowing people to know in advance that a rate change is about to happen? It would cause a tsunami of people, speculators, running over there and trying to grab more dinar and causing more problems for Iraq...
11-23-2020 Newshound Guru MilitiaMan Article: "Deleting 3 zeros from the currency...Parliamentary finance is suspended and determines the size of the cost and the economic effects " ...I look at this article as being another fair warning of the change that is to come...not only are they thinking about the deletion of the zeros, it has been in the works for many years now and is about to be launched. imo...They...what the focus is. It is actually deleting three zeros from the exchange rate, which reduces the number (as they show) from 1000 to 1, which then begets 1/1 and with that comes great purchasing power...imo...
11-23-2020 Newshound Guru Kaperoni Doesn't matter how bad the conditions get in Iraq, there is no RV. Not how monetary policy works. The only way the dinar can rise is if Iraq creates the conditions, passes the laws and gets foreign investment to come in and create a private sector. In other words, unless they diversify, build a growing economy the dinar will do nothing. There is no magic wand.
11-23-2020 Newshound Guru MilitiaMan Article Quote: “It is noteworthy that a member of the Parliamentary Finance Committee, Jamal Cougar, said today, Sunday, that the government would resort to reducing employee salaries allocations, in light of the ongoing financial crisis, and the government will also resort to activating collection, taxes and direct deduction from the currency auction.” Reducing salary allocations means they are to be adjusting the exchange rate...Reducing the 000s from the exchange rate means effectively having to pay less currency as the value of it is greater!! Imo . Again, they are not going to tax at a program rate!! Imo
11-23-2020 Intel Guru MarkZ [via PDK] My chatter out of Iraq is still pretty encouraging. My folks on the ground agree that everything is done…just waiting for the shoe to drop.
11-23-2020 Newshound Guru Jeff ...There's a very good chance that we will most likely see the rate change during this 2020 Iraq fiscal period...because they got the borrowing law. That was money needed to fund the reforms in their budget...that's really good news that we saw Iraq do the borrowing law. The borrowing law simply means they can change at any time...
11-23-2020 Newshound Guru Pimpy ...always ask yourself what are the odds of them allowing people to know in advance that a rate change is about to happen? It would cause a tsunami of people, speculators, running over there and trying to grab more dinar and causing more problems for Iraq...
11-23-2020 Newshound Guru MilitiaMan Article: "Deleting 3 zeros from the currency...Parliamentary finance is suspended and determines the size of the cost and the economic effects " ...I look at this article as being another fair warning of the change that is to come...not only are they thinking about the deletion of the zeros, it has been in the works for many years now and is about to be launched. imo...They...what the focus is. It is actually deleting three zeros from the exchange rate, which reduces the number (as they show) from 1000 to 1, which then begets 1/1 and with that comes great purchasing power...imo...
11-22-2020 Newshound Guru Pimpy Article "Private banks announce support for central bank reforms to develop the Iraqi economy" the banks are happy about the reform papers...you were told that the rate change is in these papers. We know they told us that the DISCUSSION of the rate change is in the papers. Are they going to announce anything? I don't know. But there' is nothing out there that says that once these are implemented that the rate change would be part of it. All we know it that they told us that they would discuss it. That means the rate change can happen at any time when you least expect it.
11-22-2020 Newshound Guru Jeff Iraq is talking from their butt on this. Half the crap they tell you is not even true...let's back up to last year...they didn't change the rate...but...on March 21st of last year they told you...they had full intentional of increasing their exchange rate...then through the middle of last year they put out a crap-load of articles talking about coins and how coins could only be released based on the parameters that they increase the exchange rate...so they give us all this information last year suggesting they have full intentions of increasing their exchange rate. Then they don't. And then this year all they put out are these articles talking about physically lopping the currency. They're just screwing with your head. You can't take these articles serious. All they've done is pumping BS to you. These articles are complete lies.
11-22-2020 Newshound/Intel Guru Mnt Goat Will other currencies RV along with the reinstatement of the Iraqi dinar? I have never discounted any other currency from also RVing along with the reinstatement, as this might also be a good time to do them. But the one thing that I hate the most is this talk about a “planned” GCR (global currency reset). There is no such thing as a GCR going to happen and there never was...
11-22-2020 Newshound Guru MilitiaMan Yesterday Iraq Finance Minister is given the green light to negotiate with AYSCUDA. The negotiations would have to be with information that would need to have been obtained from the CBI to negotiate Iraq's procedures to get up to international standards as that is expected of a Country that to be a modern market economy.. The BIS may be our icing on the cake. Imo IT IS!!! [ASYCUDA provides the core software and related expertise to create an efficient and effective environment for the management of Customs operations"]
11-22-2020 Intel Guru RayRen98 Some bankers were disappointed Saturday, they were expecting to exchange us...we look forward to Sunday for the next opportunity! TIME WILL TELL.
11-22-2020 Newshound Guru Pimpy ...one of the rumors that I seen flying around was Al-Kazemi has secretly spoke with President Trump and he said once he landed into Iraq he was going to go ahead and implement the rate change. Here's the thing when it comes to this rate change. They're not going to announce it...they're not going to tell anybody. They just do the rate change...you'll just wake up one day and a rate change will be done. That's how it's going to work. Somebody will spot it first [Blanche @ www.DinarGuru.com :) ] they'll start spreading it. People will find out. It'll spread like wildfire. Then you'll know it's done...
11-22-2020 Newshound Guru Jeff Article: "The government intends to "peek" parliament...Alternative solution to "rejecting internal borrowing" in the 2021 budget: resorting to citizens' money!" ...a very good article...I keep trying to tell you guys they've got to have the rate changed before they can really even start the approval and creation process of that '21 budget...this has 21 budget post rate change written all over it...
11-22-2020 Newshound/Intel Petra Article: "The Iraqi Central Bank and the Bank for International Settlements agree to increase investment opportunities" Quotes: "The Central Bank of Iraq held a remote meeting with the Bank for International Settlements (BIS) to discuss prospects for joint cooperation and investment mechanisms between the two parties."; "the two sides agreed on the contribution of the Bank for International Settlements to enhance the capabilities of the Central Bank of Iraq and increase investment opportunities in foreign reserves." Who better knows they are under Article 14 and cannot transact internationally...unless? So why make this commitment of investment? It's a rhetorical question! And yes, of course they would know about the rate change because they are the ones who will notify all the other CB's around the world when it is formally announced by the CBI. Somethings coming!!! Watch the CBI!!! IMO. [NOTE: You can always see the latest CBI official dinar rates in the left column of this page.]
11-22-2020 Newshound Guru Jeff Iraq is talking from their butt on this. Half the crap they tell you is not even true...let's back up to last year...they didn't change the rate...but...on March 21st of last year they told you...they had full intentional of increasing their exchange rate...then through the middle of last year they put out a crap-load of articles talking about coins and how coins could only be released based on the parameters that they increase the exchange rate...so they give us all this information last year suggesting they have full intentions of increasing their exchange rate. Then they don't. And then this year all they put out are these articles talking about physically lopping the currency. They're just screwing with your head. You can't take these articles serious. All they've done is pumping BS to you. These articles are complete lies.
11-22-2020 Newshound/Intel Guru Mnt Goat Will other currencies RV along with the reinstatement of the Iraqi dinar? I have never discounted any other currency from also RVing along with the reinstatement, as this might also be a good time to do them. But the one thing that I hate the most is this talk about a “planned” GCR (global currency reset). There is no such thing as a GCR going to happen and there never was...
11-22-2020 Newshound Guru MilitiaMan Yesterday Iraq Finance Minister is given the green light to negotiate with AYSCUDA. The negotiations would have to be with information that would need to have been obtained from the CBI to negotiate Iraq's procedures to get up to international standards as that is expected of a Country that to be a modern market economy.. The BIS may be our icing on the cake. Imo IT IS!!! [ASYCUDA provides the core software and related expertise to create an efficient and effective environment for the management of Customs operations"]
11-22-2020 Intel Guru RayRen98 Some bankers were disappointed Saturday, they were expecting to exchange us...we look forward to Sunday for the next opportunity! TIME WILL TELL.
11-22-2020 Newshound Guru Pimpy ...one of the rumors that I seen flying around was Al-Kazemi has secretly spoke with President Trump and he said once he landed into Iraq he was going to go ahead and implement the rate change. Here's the thing when it comes to this rate change. They're not going to announce it...they're not going to tell anybody. They just do the rate change...you'll just wake up one day and a rate change will be done. That's how it's going to work. Somebody will spot it first [Blanche @ www.DinarGuru.com :) ] they'll start spreading it. People will find out. It'll spread like wildfire. Then you'll know it's done...
11-22-2020 Newshound Guru Jeff Article: "The government intends to "peek" parliament...Alternative solution to "rejecting internal borrowing" in the 2021 budget: resorting to citizens' money!" ...a very good article...I keep trying to tell you guys they've got to have the rate changed before they can really even start the approval and creation process of that '21 budget...this has 21 budget post rate change written all over it...
11-22-2020 Newshound/Intel Petra Article: "The Iraqi Central Bank and the Bank for International Settlements agree to increase investment opportunities" Quotes: "The Central Bank of Iraq held a remote meeting with the Bank for International Settlements (BIS) to discuss prospects for joint cooperation and investment mechanisms between the two parties."; "the two sides agreed on the contribution of the Bank for International Settlements to enhance the capabilities of the Central Bank of Iraq and increase investment opportunities in foreign reserves." Who better knows they are under Article 14 and cannot transact internationally...unless? So why make this commitment of investment? It's a rhetorical question! And yes, of course they would know about the rate change because they are the ones who will notify all the other CB's around the world when it is formally announced by the CBI. Somethings coming!!! Watch the CBI!!! IMO. [NOTE: You can always see the latest CBI official dinar rates in the left column of this page.]
11-21-2020 Newshound Guru Jeff Iraq can only change their rate over a weekend. Not on weekdays. Iraq will only change their rate on what is their Sunday morning. I'm not saying this Sunday morning I'm saying on a random Sunday morning...
11-21-2020 Newshound/Intel Guru Mnt Goat Article: "A NEW REFORM PAPER FROM PARLIAMENT...TO BE COMBINED WITH THE WHITE PAPER" Quote: "The circumstances of the financial crisis and the collapse of oil prices in global markets and the repercussions of the Corona virus pandemic prompted Mustafa Al-Kazemi's government to review the financial policy in Iraq in order to overcome the financial distress threatening the Iraqi economy." ... Iraq has had plenty of opportunity to reform their economy way before the corona virus and a drop in oil prices stuck. The heart of the problem is corruption. I will say it again – Iraq will not revise their economy unless they address the corruption and all those involved...
11-21-2020 Intel Guru Footforward They need international investment. They need that for a revaluation to happen. The RV can't be sustained without international investment coming back into the country...
11-21-2020 Newshound Guru MilitiaMan Article: "Finance: the automation system will enhance the management of the financial position" ...They cannot go live with this automation without being article 8 compliant...The CBI is talking about major and influential reforms.. Well, imo being article 8 compliant to get hooked up with this new system with upwards of 80 - 90 countries and to be influential suggests that they are going to be serious and competitive in trade... IMO! They have no way to go but to go Article 8. They are in cooperation with the UN. They minister was given the go ahead to negotiate the contract. Well, he is not going to show up with out knowing what to fill in the spread sheet in (IQD= / $) with...So lets see what they do. My bet is there is no turning back now...imo.
11-21-2020 Intel Guru MarkZ [via PDK] ...the banks over there…bringing their staff up to speed for a change in value. I am told the plan is to change the value by an Revalue or reinstatement. After there is a change in value – then they redenominate…meaning they release their lower denomination bills...If they do a reinstatement my understanding is they go back to their original rate and figure in consumer pricing, and inflation…so I believe the old rate was $3.22. So adding in a bit more for inflation gives you a rough idea what the street rate will be.
11-21-2020 Newshound Guru Jeff Article: "Parliament Finance: Parliament is ready to read and approve the 2021 budget in intensive sessions" the salaries and the 2021 budget are flat out waiting on the rate change period.
11-21-2020 Intel Guru RayRen98 BANK STAFF WENT "IN" EXTRA EARLY THIS MORNING...SOME BANKS WERE TOLD "LAST NIGHT" AND OTHER BANKS WERE TOLD "THIS MORNING" - THEY WOULD START EXCHANGING. TIME WILL TELL...
11-21-2020 Newshound Guru Jeff Article: "Al-Kaabi: The President of the Republic does not have the power to veto laws and return them to the Parliament" ...this article is telling you that once parliament approves a law, whether the president signs it or not, it's automatically ratified in 15 days after its date of delivery to the president of the republic...they approved it [Borrowing Law] last Thursday...
11-21-2020 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF TRADE: JOINING THE WORLD TRADE ORGANIZATION IS THE WAY TO BUILD A RESILIENT IRAQI ECONOMY" ...the WTO was coming back to Iraq for another round of talks in November. They had these talks and this is a news article about the results. It appears there are still issues concerning the accession that need to be addressed. But will these issues prevent or prolong the “full” accession? They do not tell us in the article and we have to wait and see what happens in the coming months. What do I think? I think there is so much lining up for a January 2021 reinstatement and a delete the zeros project implementation sometime in December 2020. But this is my opinion from all the news we are seeing in articles and hearing from the CBI.
11-21-2020 Newshound/Intel Guru Mnt Goat Article: "A NEW REFORM PAPER FROM PARLIAMENT...TO BE COMBINED WITH THE WHITE PAPER" Quote: "The circumstances of the financial crisis and the collapse of oil prices in global markets and the repercussions of the Corona virus pandemic prompted Mustafa Al-Kazemi's government to review the financial policy in Iraq in order to overcome the financial distress threatening the Iraqi economy." ... Iraq has had plenty of opportunity to reform their economy way before the corona virus and a drop in oil prices stuck. The heart of the problem is corruption. I will say it again – Iraq will not revise their economy unless they address the corruption and all those involved...
11-21-2020 Intel Guru Footforward They need international investment. They need that for a revaluation to happen. The RV can't be sustained without international investment coming back into the country...
11-21-2020 Newshound Guru MilitiaMan Article: "Finance: the automation system will enhance the management of the financial position" ...They cannot go live with this automation without being article 8 compliant...The CBI is talking about major and influential reforms.. Well, imo being article 8 compliant to get hooked up with this new system with upwards of 80 - 90 countries and to be influential suggests that they are going to be serious and competitive in trade... IMO! They have no way to go but to go Article 8. They are in cooperation with the UN. They minister was given the go ahead to negotiate the contract. Well, he is not going to show up with out knowing what to fill in the spread sheet in (IQD= / $) with...So lets see what they do. My bet is there is no turning back now...imo.
11-21-2020 Intel Guru MarkZ [via PDK] ...the banks over there…bringing their staff up to speed for a change in value. I am told the plan is to change the value by an Revalue or reinstatement. After there is a change in value – then they redenominate…meaning they release their lower denomination bills...If they do a reinstatement my understanding is they go back to their original rate and figure in consumer pricing, and inflation…so I believe the old rate was $3.22. So adding in a bit more for inflation gives you a rough idea what the street rate will be.
11-21-2020 Newshound Guru Jeff Article: "Parliament Finance: Parliament is ready to read and approve the 2021 budget in intensive sessions" the salaries and the 2021 budget are flat out waiting on the rate change period.
11-21-2020 Intel Guru RayRen98 BANK STAFF WENT "IN" EXTRA EARLY THIS MORNING...SOME BANKS WERE TOLD "LAST NIGHT" AND OTHER BANKS WERE TOLD "THIS MORNING" - THEY WOULD START EXCHANGING. TIME WILL TELL...
11-21-2020 Newshound Guru Jeff Article: "Al-Kaabi: The President of the Republic does not have the power to veto laws and return them to the Parliament" ...this article is telling you that once parliament approves a law, whether the president signs it or not, it's automatically ratified in 15 days after its date of delivery to the president of the republic...they approved it [Borrowing Law] last Thursday...
11-21-2020 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF TRADE: JOINING THE WORLD TRADE ORGANIZATION IS THE WAY TO BUILD A RESILIENT IRAQI ECONOMY" ...the WTO was coming back to Iraq for another round of talks in November. They had these talks and this is a news article about the results. It appears there are still issues concerning the accession that need to be addressed. But will these issues prevent or prolong the “full” accession? They do not tell us in the article and we have to wait and see what happens in the coming months. What do I think? I think there is so much lining up for a January 2021 reinstatement and a delete the zeros project implementation sometime in December 2020. But this is my opinion from all the news we are seeing in articles and hearing from the CBI.
11-20-2020 Intel Guru MarkZ [via PDK] If you look at Iraq- there is a whole lot going on. They are positioned for a revaluation or reinstatement. Erbil agreement is moving forward. PM is not wanting to sign off on lending law….He does not want to have to borrow to pay salaries. IMO they would rather go ahead with at least a reinstatement . They are ready to join the WTO (World Trade Organization)... which I thought they had already done that so I did some digging…They are cleared to join but had not done so yet- is my understanding.
11-20-2020 Newshound Guru Adam Montana ...Regarding the Budget, we always hear dates and timelines for things. I dismiss most of those as "noise" - but from my sources this week, there is a strong likelihood that this is going to hold up and possibly even be pushed through sooner than expected... Last but not least is the HCL... where are we with that? It's all tied together. As long as the two items above continue to go well, I understand that there is a high level of confidence in the HCL coming together as well. Rapidly. And we all know what that means. GOOO RRRRVVVVVV!!! [post 2 of 2]
11-20-2020 Newshound Guru Adam Montana ...we're watching a few items - 2021 budget, upcoming elections, and the HCL being fairly key. ...With regards to the upcoming elections...the confidence they currently have in the future of Iraq's political stability. Political stability is huge for this process. The lack of civil unrest, the low level of drama in the streets, and the continued progress in Parliament is absolutely essential for this pot to boil over...We have that. It's obvious from where we are sitting, and it's obvious to them as well. [post 1 of 2....stay tuned]
11-20-2020 Intel Guru Bruce [via WiserNow] ...We know that we are in a very slow roll out of this RV – but it has started – it started last week...So – I’m excited that the rough idea of the timeline – I believe we will go around Thanksgiving at this point we could do something but as of right now I think we will get started before hand...
11-20-2020 Newshound Guru Jeff Article: "After meeting with the components of Sinjar, Plashart urges Baghdad and Erbil to speed up the implementation of the agreement" Here's another post rate change article. These things just keep pouring out now that they're at the end of the borrowing law...these patterns are very telling and revealing...reconstruction, improved services and returning displaced people to their homes those are the reforms right there...they're pumping out right now reform articles and post rate change articles...they're coming out left and right now that you're at the end of the borrowing law. Again the borrowing law is simply waiting on nothing more than a presidential signature which we hope to see by Saturday.
11-20-2020 Intel Guru MarkZ [via PDK] [Will the RV happen before January 1st?] I will be stunned, floored and confused if we have not seen a change of value by then. Iraq seems to be pushing everything to make it happen…Most of our news is still coming out of the middle east as we have Iraq positioned for a revalue or a reinstatement of their currency...
11-20-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQI FINANCE PREPARES TO IMPLEMENT AN INTERNATIONAL PROGRAM...AND EXPLAINS 'BENEFITS' " I have explained the significance of implementing this automated system. It goes to FOREX to get the current rates of currencies to calculate the conversion. The dinar will have to be “live” and trading on FOREX for this to even work. So what are they telling us without telling us?
11-20-2020 Intel Guru Frank26 You're about to see IMO the Erbil stock exchange go online at any moment now...the ESX is linked with the ISX. You're going to see these stock exchanges are allowing international investments to occur with their stock markets...you're going to see a plethora, an avalanche, a cornucopia, a pinata explode of investors coming into the ISX and the ESX...when the ESX and ISX go international it will be with a new exchange rate for their currency.
11-20-2020 Newshound Guru Jeff I don't know if you guys have noticed the level of articles coming out. They have ending and completion written all over them. There was one article this morning talking about Iraq joining the World Trade. They could only do that when their currency is internally recognized. There's a second one talking about the only way to revive Iraq's economy is to reform the banking sector to promote and launch investment...These articles...have ending and completing all over them as Iraq reaches the end of that borrowing law...
11-20-2020 Newshound Guru Adam Montana ...Regarding the Budget, we always hear dates and timelines for things. I dismiss most of those as "noise" - but from my sources this week, there is a strong likelihood that this is going to hold up and possibly even be pushed through sooner than expected... Last but not least is the HCL... where are we with that? It's all tied together. As long as the two items above continue to go well, I understand that there is a high level of confidence in the HCL coming together as well. Rapidly. And we all know what that means. GOOO RRRRVVVVVV!!! [post 2 of 2]
11-20-2020 Newshound Guru Adam Montana ...we're watching a few items - 2021 budget, upcoming elections, and the HCL being fairly key. ...With regards to the upcoming elections...the confidence they currently have in the future of Iraq's political stability. Political stability is huge for this process. The lack of civil unrest, the low level of drama in the streets, and the continued progress in Parliament is absolutely essential for this pot to boil over...We have that. It's obvious from where we are sitting, and it's obvious to them as well. [post 1 of 2....stay tuned]
11-20-2020 Intel Guru Bruce [via WiserNow] ...We know that we are in a very slow roll out of this RV – but it has started – it started last week...So – I’m excited that the rough idea of the timeline – I believe we will go around Thanksgiving at this point we could do something but as of right now I think we will get started before hand...
11-20-2020 Newshound Guru Jeff Article: "After meeting with the components of Sinjar, Plashart urges Baghdad and Erbil to speed up the implementation of the agreement" Here's another post rate change article. These things just keep pouring out now that they're at the end of the borrowing law...these patterns are very telling and revealing...reconstruction, improved services and returning displaced people to their homes those are the reforms right there...they're pumping out right now reform articles and post rate change articles...they're coming out left and right now that you're at the end of the borrowing law. Again the borrowing law is simply waiting on nothing more than a presidential signature which we hope to see by Saturday.
11-20-2020 Intel Guru MarkZ [via PDK] [Will the RV happen before January 1st?] I will be stunned, floored and confused if we have not seen a change of value by then. Iraq seems to be pushing everything to make it happen…Most of our news is still coming out of the middle east as we have Iraq positioned for a revalue or a reinstatement of their currency...
11-20-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQI FINANCE PREPARES TO IMPLEMENT AN INTERNATIONAL PROGRAM...AND EXPLAINS 'BENEFITS' " I have explained the significance of implementing this automated system. It goes to FOREX to get the current rates of currencies to calculate the conversion. The dinar will have to be “live” and trading on FOREX for this to even work. So what are they telling us without telling us?
11-20-2020 Intel Guru Frank26 You're about to see IMO the Erbil stock exchange go online at any moment now...the ESX is linked with the ISX. You're going to see these stock exchanges are allowing international investments to occur with their stock markets...you're going to see a plethora, an avalanche, a cornucopia, a pinata explode of investors coming into the ISX and the ESX...when the ESX and ISX go international it will be with a new exchange rate for their currency.
11-20-2020 Newshound Guru Jeff I don't know if you guys have noticed the level of articles coming out. They have ending and completion written all over them. There was one article this morning talking about Iraq joining the World Trade. They could only do that when their currency is internally recognized. There's a second one talking about the only way to revive Iraq's economy is to reform the banking sector to promote and launch investment...These articles...have ending and completing all over them as Iraq reaches the end of that borrowing law...
11-19-2020 Newshound Guru MilitiaMan Article: "Finance begins automating the customs and tax system and submits its project to the Council of Ministers" Quotes: "The program enjoys high transparency as it is from an international organization and according to international standards specialized in customs procedures...; "The program will be managed by Iraqi hands after being trained on the program by international experts..." Looks like they are going international, as things are in motion now. This system has about 90 countries that use it. Trading partners of Iraq, too...the Central Bank is in line too. I recall the CBI is to be asked a question this weekend.. Gets even more interesting. Salaries are in limbo? We shall see. But all things point international now...imo...
11-19-2020 Newshound/Intel Guru Mnt Goat ...the news this week was mostly about measures to move Iraq forward in economic development and reforms...From what we are observing Iraq is moving towards yet another attempt at a reinstatement for January 2021. Yes, here we go again. The preparations are like I have not see in prior attempts even as they are making more serious efforts. But it is still to be seen the project to delete the zeros and this project must be completed prior to any reinstatement.
11-19-2020 Newshound Guru Jeff I told you the last thing we're waiting for is Iraq to complete that borrowing law. At this point all the borrowing law has remaining is just a presidential signature to ratify it. Once he ratifies it they can change the rate at any time. We're hoping that he signs it by Saturday.
11-19-2020 Intel Guru RayRen98 Iraq: • Iraq Minister of Trade is saying that Iraq must join the World Trade Organization (WTO). This will help their country. • News is indicating that private banks are supporting all reforms by the CBI (Central Bank of Iraq). • The new tax system is being submitted to the Council of Ministers for approval. • United Nations representatives are on Iraqi TV interviews requesting that Baghdad and Erbil accelerate acceptance of their agreements and to complete the financial reforms. • Iraqi TV is broadcasting that President Saleh is refusing to sign the Borrowing Law...(more news at 11) US: • Some banks are very excited after having meetings with Treasury. • Some rates are being seen again...
11-19-2020 Intel Guru Frank26 The MR went into a recalculation which is called an RV (revalue) and then it went into an RI which is what they're doing. They're reinstating it. They'd love to get it back to the glory days of $3.22 ...And it ends with an RD. Which is the redenomination. Let me see those new small category notes and what goes with it! All these things that are happening are extremely encouraging. You've got to be encouraged by it.
11-19-2020 Intel Guru MarkZ [via PDK] Quiet overnight…no movement in the banking centers...or anywhere…Iraq continues on its slow and steady path to revaluation.
11-19-2020 Intel Guru Bruce People that are wondering about the election – there are a lot of things happening of course – behind the scenes – regarding that – I am being told from several sources that the election itself has no immediate direct bearing on the blessing that we are waiting for...
11-19-2020 Newshound Guru Jeff What is the budget waiting on? Why haven't we seen it yet? Well it's simple. Because this budget has reforms in it. It literally needs the rate change for its calculations. In other words they can't start the budget until after the rate has changed. Article: "The 2021 Budget Will arrive in Parliament Next week". If this is true I've got a big smile on my face...everything I've been telling you is right on track...we're looking good.
11-19-2020 Intel Guru Frank26 ...the borrowing law was passed. When it was passed IMO a new calculation was taken into account. This law allows the GOI to borrow money now...the mechanism of raising the value of the Iraqi dinar to go from trillions to billions is in play. The lifting of the exchange rate value and the introduction of the RD [Redenomination] - That's the last part of this Monetary Reform...they are about to raise the value of their currency and they are about to introduce a new currency and this is the last part.
11-19-2020 Intel Guru Delta ...they say when Iraq goes back internationally they have to go to the pre-war...that's about $3.22. They're talking about a reinstatement...it's a one way street. There's no going back. You can see the urgency and rushing to finalize this...because they know when they release the value and go international whoever becomes the president in the U.S. they cannot change that anymore because it's a one way street. If they go right now, to say 1 to 1, they cannot come back and say we're going back to 1200 dinar. It doesn't work anymore...they are moving very fast...they have to finish and finalize the new rate.
11-19-2020 Newshound/Intel Guru Mnt Goat ...the news this week was mostly about measures to move Iraq forward in economic development and reforms...From what we are observing Iraq is moving towards yet another attempt at a reinstatement for January 2021. Yes, here we go again. The preparations are like I have not see in prior attempts even as they are making more serious efforts. But it is still to be seen the project to delete the zeros and this project must be completed prior to any reinstatement.
11-19-2020 Newshound Guru Jeff I told you the last thing we're waiting for is Iraq to complete that borrowing law. At this point all the borrowing law has remaining is just a presidential signature to ratify it. Once he ratifies it they can change the rate at any time. We're hoping that he signs it by Saturday.
11-19-2020 Intel Guru RayRen98 Iraq: • Iraq Minister of Trade is saying that Iraq must join the World Trade Organization (WTO). This will help their country. • News is indicating that private banks are supporting all reforms by the CBI (Central Bank of Iraq). • The new tax system is being submitted to the Council of Ministers for approval. • United Nations representatives are on Iraqi TV interviews requesting that Baghdad and Erbil accelerate acceptance of their agreements and to complete the financial reforms. • Iraqi TV is broadcasting that President Saleh is refusing to sign the Borrowing Law...(more news at 11) US: • Some banks are very excited after having meetings with Treasury. • Some rates are being seen again...
11-19-2020 Intel Guru Frank26 The MR went into a recalculation which is called an RV (revalue) and then it went into an RI which is what they're doing. They're reinstating it. They'd love to get it back to the glory days of $3.22 ...And it ends with an RD. Which is the redenomination. Let me see those new small category notes and what goes with it! All these things that are happening are extremely encouraging. You've got to be encouraged by it.
11-19-2020 Intel Guru MarkZ [via PDK] Quiet overnight…no movement in the banking centers...or anywhere…Iraq continues on its slow and steady path to revaluation.
11-19-2020 Intel Guru Bruce People that are wondering about the election – there are a lot of things happening of course – behind the scenes – regarding that – I am being told from several sources that the election itself has no immediate direct bearing on the blessing that we are waiting for...
11-19-2020 Newshound Guru Jeff What is the budget waiting on? Why haven't we seen it yet? Well it's simple. Because this budget has reforms in it. It literally needs the rate change for its calculations. In other words they can't start the budget until after the rate has changed. Article: "The 2021 Budget Will arrive in Parliament Next week". If this is true I've got a big smile on my face...everything I've been telling you is right on track...we're looking good.
11-19-2020 Intel Guru Frank26 ...the borrowing law was passed. When it was passed IMO a new calculation was taken into account. This law allows the GOI to borrow money now...the mechanism of raising the value of the Iraqi dinar to go from trillions to billions is in play. The lifting of the exchange rate value and the introduction of the RD [Redenomination] - That's the last part of this Monetary Reform...they are about to raise the value of their currency and they are about to introduce a new currency and this is the last part.
11-19-2020 Intel Guru Delta ...they say when Iraq goes back internationally they have to go to the pre-war...that's about $3.22. They're talking about a reinstatement...it's a one way street. There's no going back. You can see the urgency and rushing to finalize this...because they know when they release the value and go international whoever becomes the president in the U.S. they cannot change that anymore because it's a one way street. If they go right now, to say 1 to 1, they cannot come back and say we're going back to 1200 dinar. It doesn't work anymore...they are moving very fast...they have to finish and finalize the new rate.
11-18-2020 Intel Guru MarkZ [What do you hear about NDA’s? Do you think they are real?] I do…I know Mr. C [Guru Mike Cottrell] does not think there will be one…I think the NDA will only be on the rate…i do not think it will be “all powerful” and they can take your money if you say anything…..I had talked to a number of bankers that agree with me. The NDA on rate is for many different reasons…Different countries may have different rates. They have different levels of participation- especially on the dinar. Also to protect ourselves…..for our security….That is what I am being told...
11-18-2020 Newshound/Intel Guru Mnt Goat Article: "ASIA TIMES: ASIA-PACIFIC COUNTRIES SIGN WORLD'S LARGEST TRADE PACT ... INCLUDING VIETNAM, INDONESIA " Vietnam is getting into the same situation as Iraq . Unless they release a rate it will be hard to do business in Vietnam with all these zeros. This is one to watch. I have proof that the Dong was scheduled to revalue way back in 2011 and was held up due to money laundering for China . But that was 9 years ago. It is way overdue to revalue.
11-18-2020 Intel Guru Bruce [via WiserNow] ...things are happening – this has started and now it is a matter of when they are going to reach us – we are not at the very front of the line... we are that close...I do believe they want this completed for us before Thanksgiving...Don’t sweat the rates – we are going to be in great shape on rates – on Dinar – Dong...
11-18-2020 Intel Guru RayRen98 [IN YOUR OPINION - WHEN] ANY DAY NOW... BANKS SAYING THAT AS WELL. SOME BANKS ARE "ON LOCATION" TODAY...WAITING FOR THE "GO" SIGNAL!
11-18-2020 Newshound Guru Jeff Let's talk about the 2021 budget..."the rate is in the budget". That's not true. Budgets do not contain rates. They're calculated off rates...it simply converts the overall calculation of the budget from being calculated in trillions of dinar (this is in today's rate) to billions of dinar after the rate change...
11-18-2020 Intel Guru Frank26 A lot of you think, 'Oh, we've got the borrowing law! It's got the rate inside." No. I never said that...we told you the borrowing law was extremely important for the international world to coming into Iraq so they could have a rate. Therefore, the borrowing law when passed would be part of the reason to come out with a new rate.
11-18-2020 Intel Guru Footforward ...I believe they have wanted to pull the trigger on the RV at least a dozen times this year so far...
11-18-2020 Intel Guru MarkZ [via PDK] From banking contacts…I am being told that suddenly there was a push last night to get everybody in place to “update” information for next week. ...if you did not see [Guru] Walkingsticks post...on what’s going on in the banking sector…the Government and the CBI is now instructing banks, and the banks will be instructing people…and they are finally positioning for a revaluation of their currency over there. Cross your fingers…the news chatter is exceptionally good today. I have also heard the news Walkingstick reported from 3 of my contacts on the ground in Iraq. [reference Gurus Walkingstick & Frank26 post 11-17-2020] [Walking Stick...is affiliated with accounting firm and several private banks in Iraq.]
11-18-2020 Newshound/Intel Guru Mnt Goat Article: "THE DECLINE IN THE RESERVES OF THE CENTRAL BANK OF IRAQ TO 35 BILLION DOLLARS .. AND THE REASON!" so the loans they have been recently talking about to pay the salaries did NOT come from outside international funds? So they lied to us and to the Iraqi people. This is not good as they are now below the acceptable IMF levels for financial requirements. I told everyone they could NOT get outside loans in spite of what they were telling us they planned to do...
11-18-2020 Intel Guru Delta ...there's so many confirmations that the Central Bank of Iraq they're on the verge to changing the rates and then go to the market economy...the CBI governor...told everyone that he is going to make the Iraqi dinar stronger. This is what we're looking for. We're really in good progress...not everything means imminent revaluation...yes, something is going to happen. We don't have much left...even if it's going to happen December or January that's less than 2 months left...this is the end of it.
11-18-2020 Intel Guru MarkZ [via PDK] [Is the RV and the QFS (Quantum Financial System) real?] Yes I believe the RV is real…and the QFS is real…its all true and on its way...
11-18-2020 Newshound Guru Jeff ...Iraq has shown us for a while THERE'S NOTHING LEFT! Since they completed the Borrowing Law we only hear crickets from Iraq.
11-18-2020 Newshound/Intel Guru Mnt Goat Article: "ASIA TIMES: ASIA-PACIFIC COUNTRIES SIGN WORLD'S LARGEST TRADE PACT ... INCLUDING VIETNAM, INDONESIA " Vietnam is getting into the same situation as Iraq . Unless they release a rate it will be hard to do business in Vietnam with all these zeros. This is one to watch. I have proof that the Dong was scheduled to revalue way back in 2011 and was held up due to money laundering for China . But that was 9 years ago. It is way overdue to revalue.
11-18-2020 Intel Guru Bruce [via WiserNow] ...things are happening – this has started and now it is a matter of when they are going to reach us – we are not at the very front of the line... we are that close...I do believe they want this completed for us before Thanksgiving...Don’t sweat the rates – we are going to be in great shape on rates – on Dinar – Dong...
11-18-2020 Intel Guru RayRen98 [IN YOUR OPINION - WHEN] ANY DAY NOW... BANKS SAYING THAT AS WELL. SOME BANKS ARE "ON LOCATION" TODAY...WAITING FOR THE "GO" SIGNAL!
11-18-2020 Newshound Guru Jeff Let's talk about the 2021 budget..."the rate is in the budget". That's not true. Budgets do not contain rates. They're calculated off rates...it simply converts the overall calculation of the budget from being calculated in trillions of dinar (this is in today's rate) to billions of dinar after the rate change...
11-18-2020 Intel Guru Frank26 A lot of you think, 'Oh, we've got the borrowing law! It's got the rate inside." No. I never said that...we told you the borrowing law was extremely important for the international world to coming into Iraq so they could have a rate. Therefore, the borrowing law when passed would be part of the reason to come out with a new rate.
11-18-2020 Intel Guru Footforward ...I believe they have wanted to pull the trigger on the RV at least a dozen times this year so far...
11-18-2020 Intel Guru MarkZ [via PDK] From banking contacts…I am being told that suddenly there was a push last night to get everybody in place to “update” information for next week. ...if you did not see [Guru] Walkingsticks post...on what’s going on in the banking sector…the Government and the CBI is now instructing banks, and the banks will be instructing people…and they are finally positioning for a revaluation of their currency over there. Cross your fingers…the news chatter is exceptionally good today. I have also heard the news Walkingstick reported from 3 of my contacts on the ground in Iraq. [reference Gurus Walkingstick & Frank26 post 11-17-2020] [Walking Stick...is affiliated with accounting firm and several private banks in Iraq.]
11-18-2020 Newshound/Intel Guru Mnt Goat Article: "THE DECLINE IN THE RESERVES OF THE CENTRAL BANK OF IRAQ TO 35 BILLION DOLLARS .. AND THE REASON!" so the loans they have been recently talking about to pay the salaries did NOT come from outside international funds? So they lied to us and to the Iraqi people. This is not good as they are now below the acceptable IMF levels for financial requirements. I told everyone they could NOT get outside loans in spite of what they were telling us they planned to do...
11-18-2020 Intel Guru Delta ...there's so many confirmations that the Central Bank of Iraq they're on the verge to changing the rates and then go to the market economy...the CBI governor...told everyone that he is going to make the Iraqi dinar stronger. This is what we're looking for. We're really in good progress...not everything means imminent revaluation...yes, something is going to happen. We don't have much left...even if it's going to happen December or January that's less than 2 months left...this is the end of it.
11-18-2020 Intel Guru MarkZ [via PDK] [Is the RV and the QFS (Quantum Financial System) real?] Yes I believe the RV is real…and the QFS is real…its all true and on its way...
11-18-2020 Newshound Guru Jeff ...Iraq has shown us for a while THERE'S NOTHING LEFT! Since they completed the Borrowing Law we only hear crickets from Iraq.
11-17-2020 Newshound/Intel Gurus Walkingstick & Frank26 The executive branch level [of Iraqi banks] were told by the CBI everything they needed to know to pass to the citizens about the new exchange rate and the new small category notes...IMO within a week...the monetary reform information will now go from the executive level of banks to the senior management of the Iraqi banks...then those senior level management people will pass it on to their floor managers and their tellers. Then they will pass it on to the citizens of Iraq...this ain't gonna last long. IOO you're going to see this within a week.
11-17-2020 Intel Guru MarkZ [via PDK] [(Guru) Delta is suggestion RV after Dec. 1st.] Delta has great contacts in Iraq. My news coming out of Iraq has been awesome.
11-17-2020 Intel Guru Frank26 What I do know is the President of the United States of America Donald Trump is still president. And our dinar investment is still alive.
11-17-2020 Intel Guru Delta ...Kazemi did order the Financial Committee to submit the 2021 budget to the Council of Ministers by the end of November. Here's the key here. If this budget has the new rate, which they've told us it does...then sometime before that budget goes to the parliament IMO we might see the rate from the Central Bank of Iraq.
11-17-2020 Newshound/Intel Guru Mnt Goat Everything still seems to be lining up for an early 2021 reinstatement of the Iraqi dinar. Will it actually occur this time? As in past tries we only know what we know and so this is all we can go by...Let’s just sit tight and hope this Covid or election bullsxxt does not impact the release.
11-17-2020 Newshound Guru Pimpy ...sometime here shortly you're gonna see the budget being passed for 2021. I get asked this all the time...will the rate change be in there? ...the first thing that pops into my head is it should be. But stop tying the rate change into the budget. The reason I don't want you to do that is because we know the reform papers...said they were going to be discussing about the exchange rate...But discussing it and actually doing something to change the rate are two different things. So you might see a scenario where the 2021 budget is passed and there's no rate change...here's what could happen. Depending on what's going on you can see a rate change drop at any time...then they could turn around and make an amendment to the budget...It's all speculation...the rate change can happen at any time.
11-17-2020 Intel Guru MarkZ [via PDK] Do I still think we are in a great spot? Absolutely...I feel good about where we are at... We were told to expect misinformation at the end…so I am taking comfort in that. There are a number of key meetings going on today for a number of my exchange people in different places around the globe. So hopefully tomorrow I will have solid, actual news and updates about those.
11-17-2020 Newshound Guru Jeff One of the steps in positioning the money is the rate change. But they needed to know the cost of the reforms first so that's what they worked on through the Borrowing Law...The borrowing law is the last step before the rate change. So far they've done all three readings of the borrowing law. The next step we need to see is the President signing off on it. He'll most likely do so this week by Saturday the 21st. When they do that they can officially change the rate at any time... [Post 2 of 2]
11-17-2020 Newshound Guru Jeff Review: ...this year they had to get a new Prime Minister and they got him in. His goal? Achieve stability in the government and the country of Iraq. He did that politically. Got rid of people. Got new people in. Got a new Central Bank Governor and all that. After he achieved stability, they traveled around putting international agreements in place between Europe, U.S., different countries and companies. They were also taken off the "naughty list" between the U.S, Europe and the U.N. ...once they had all those cogs in place they started to position the money... [Post 1 of 2]
11-17-2020 Intel Guru Delta ...they are going to pay everybody [Iraqi salaries] the first week [of December]. Then any time after that is going to be game on for the CBI to show us the rate...In 2015 they changed the rate it was on December 3, 2015. It was a Tuesday. They changed the rate from 1166 to 1182...around that time they were working on the budget. We know the 2021 budget does have the rate in it. This is not our opinion this is fact because...the financial committee in parliament were asking the government...'we need to find out what the exchange rate for 2021 budget'. The parliament asked this of the government. Number 2 the financial minister told us in interviews that when it comes to the rate it's very sensitive number - we cannot even talk about numbers. He's telling you right there...this is a secret. This is sensitive. They cannot even talk about it...
11-17-2020 Intel Guru MarkZ [via PDK] [(Guru) Delta is suggestion RV after Dec. 1st.] Delta has great contacts in Iraq. My news coming out of Iraq has been awesome.
11-17-2020 Intel Guru Frank26 What I do know is the President of the United States of America Donald Trump is still president. And our dinar investment is still alive.
11-17-2020 Intel Guru Delta ...Kazemi did order the Financial Committee to submit the 2021 budget to the Council of Ministers by the end of November. Here's the key here. If this budget has the new rate, which they've told us it does...then sometime before that budget goes to the parliament IMO we might see the rate from the Central Bank of Iraq.
11-17-2020 Newshound/Intel Guru Mnt Goat Everything still seems to be lining up for an early 2021 reinstatement of the Iraqi dinar. Will it actually occur this time? As in past tries we only know what we know and so this is all we can go by...Let’s just sit tight and hope this Covid or election bullsxxt does not impact the release.
11-17-2020 Newshound Guru Pimpy ...sometime here shortly you're gonna see the budget being passed for 2021. I get asked this all the time...will the rate change be in there? ...the first thing that pops into my head is it should be. But stop tying the rate change into the budget. The reason I don't want you to do that is because we know the reform papers...said they were going to be discussing about the exchange rate...But discussing it and actually doing something to change the rate are two different things. So you might see a scenario where the 2021 budget is passed and there's no rate change...here's what could happen. Depending on what's going on you can see a rate change drop at any time...then they could turn around and make an amendment to the budget...It's all speculation...the rate change can happen at any time.
11-17-2020 Intel Guru MarkZ [via PDK] Do I still think we are in a great spot? Absolutely...I feel good about where we are at... We were told to expect misinformation at the end…so I am taking comfort in that. There are a number of key meetings going on today for a number of my exchange people in different places around the globe. So hopefully tomorrow I will have solid, actual news and updates about those.
11-17-2020 Newshound Guru Jeff One of the steps in positioning the money is the rate change. But they needed to know the cost of the reforms first so that's what they worked on through the Borrowing Law...The borrowing law is the last step before the rate change. So far they've done all three readings of the borrowing law. The next step we need to see is the President signing off on it. He'll most likely do so this week by Saturday the 21st. When they do that they can officially change the rate at any time... [Post 2 of 2]
11-17-2020 Newshound Guru Jeff Review: ...this year they had to get a new Prime Minister and they got him in. His goal? Achieve stability in the government and the country of Iraq. He did that politically. Got rid of people. Got new people in. Got a new Central Bank Governor and all that. After he achieved stability, they traveled around putting international agreements in place between Europe, U.S., different countries and companies. They were also taken off the "naughty list" between the U.S, Europe and the U.N. ...once they had all those cogs in place they started to position the money... [Post 1 of 2]
11-17-2020 Intel Guru Delta ...they are going to pay everybody [Iraqi salaries] the first week [of December]. Then any time after that is going to be game on for the CBI to show us the rate...In 2015 they changed the rate it was on December 3, 2015. It was a Tuesday. They changed the rate from 1166 to 1182...around that time they were working on the budget. We know the 2021 budget does have the rate in it. This is not our opinion this is fact because...the financial committee in parliament were asking the government...'we need to find out what the exchange rate for 2021 budget'. The parliament asked this of the government. Number 2 the financial minister told us in interviews that when it comes to the rate it's very sensitive number - we cannot even talk about numbers. He's telling you right there...this is a secret. This is sensitive. They cannot even talk about it...
11-16-2020 Intel Guru Frank26 ...what more is there to tell you? I already told you that the upper echelon executive level of the banks met with the CBI and they discussed with the citizens about the new small category notes and the new exchange rate...I don't know if it's going to happen this week, next week or whenever...you are always ahead of the learning curve with us. I'm not trying to boast...
11-16-2020 Intel Guru MarkZ [...will we have an RV this month?] I think it is highly possible…and I think we will know more by Thursday or Friday this week.
11-16-2020 Newshound Guru MilitiaMan Article quote: "...Using various monetary policy tools in order to control inflation and restore the Iraqi dinar exchange rate to a good level, as it was before the Iraq - Iran war (1 dinar pound equals $ 3.30) by activating and activating the monetary tools of the Central Bank with Increasing the activity of the stock market and the banking sector." ...articles today and recently talk about the stock exchanges and the secondary markets...They want it back at a good level too!! Their words and not mine.. imo. Lets not forget and it is key, that they can and will be able to internally borrow with an exchange rate like they had in the past. My view is if and when they do get back to where they were, that could usher in the stolen monies in the tune of $150 billion. That along with a new exchange rate would help establish a better credit rating, just as automation at the borders and ports will... Iraq is in the drivers seat, now to just buckle up and put her in gear now!!
11-16-2020 Newshound Guru Jeff A good article came out "Kurdistan Region Ready to Submit All Its Oil To Baghdad If Given $753 Million Monthly: President Barzani" ...the president is about to sign off on the borrowing law notice how they bring this back...they're clearly telling you that's why they stopped talking about this. They had to put it on the shelf till they had everything farther positioned getting ready for the rate change. That's what this whole step is waiting and dependent on. And now they're bringing it back. And they're bringing it back right when the president is preparing to sign off on the Borrowing Law. Remember that is the last step and delay we're waiting on to see the rate change and they're proving that and showing you that through these steps and actions right here...
11-16-2020 Intel Guru MarkZ [via PDK] I did a lot of digging on that Trump tweet about Iraq I told you about on Friday and found out that it was indeed made up…on purpose to show how easy it was to deceive this community…..we all need to do our due diligence. [reference MarkZ post 11-13-2020]
11-16-2020 Newshound Guru Jeff We're looking for two things this week. We're looking for the President to sign off on the borrowing law. That way it becomes legal and binding. That would be the first step. At that point they can change the rate at any time. But once they come out and tell you when they plan to make the payment on those salaries the rate has to change before that. It's as simple as that...
11-16-2020 Intel Guru MarkZ [...will we have an RV this month?] I think it is highly possible…and I think we will know more by Thursday or Friday this week.
11-16-2020 Newshound Guru MilitiaMan Article quote: "...Using various monetary policy tools in order to control inflation and restore the Iraqi dinar exchange rate to a good level, as it was before the Iraq - Iran war (1 dinar pound equals $ 3.30) by activating and activating the monetary tools of the Central Bank with Increasing the activity of the stock market and the banking sector." ...articles today and recently talk about the stock exchanges and the secondary markets...They want it back at a good level too!! Their words and not mine.. imo. Lets not forget and it is key, that they can and will be able to internally borrow with an exchange rate like they had in the past. My view is if and when they do get back to where they were, that could usher in the stolen monies in the tune of $150 billion. That along with a new exchange rate would help establish a better credit rating, just as automation at the borders and ports will... Iraq is in the drivers seat, now to just buckle up and put her in gear now!!
11-16-2020 Newshound Guru Jeff A good article came out "Kurdistan Region Ready to Submit All Its Oil To Baghdad If Given $753 Million Monthly: President Barzani" ...the president is about to sign off on the borrowing law notice how they bring this back...they're clearly telling you that's why they stopped talking about this. They had to put it on the shelf till they had everything farther positioned getting ready for the rate change. That's what this whole step is waiting and dependent on. And now they're bringing it back. And they're bringing it back right when the president is preparing to sign off on the Borrowing Law. Remember that is the last step and delay we're waiting on to see the rate change and they're proving that and showing you that through these steps and actions right here...
11-16-2020 Intel Guru MarkZ [via PDK] I did a lot of digging on that Trump tweet about Iraq I told you about on Friday and found out that it was indeed made up…on purpose to show how easy it was to deceive this community…..we all need to do our due diligence. [reference MarkZ post 11-13-2020]
11-16-2020 Newshound Guru Jeff We're looking for two things this week. We're looking for the President to sign off on the borrowing law. That way it becomes legal and binding. That would be the first step. At that point they can change the rate at any time. But once they come out and tell you when they plan to make the payment on those salaries the rate has to change before that. It's as simple as that...
11-15-2020 Intel Guru Footforward Article: "Kurdistan Region Ready to Submit All Its Oil To Bagdad If Given $753 Million Monthly" The Kurds are ready to play ball basically. They sound very ready and willing.
11-15-2020 Newshound Guru Kaperoni Article quotes: "Ahmed al-Haj, a member of the parliamentary Finance Committee that is part of the newly formed financial alliance, told Al-Monitor that the international financial alliance consented to the request to exempt Iraq from the OPEC+ obligations, and added that consultations between countries will kick off within days..." "He underscored that the international community does not want to see timid reforms, as was the case in the past..." "The Kadhimi government released a white paper for economic reforms that consists of a vision to resolve problems in the non-oil sector...He indicated that the white paper for economic reform shows the international community that Iraq is serious about reforming its economic and financial situation." We can hope that the plan works.
11-15-2020 Newshound Guru MilitiaMan Saudi Arabia announces "mega projects" for it in Iraq and is glad to open Arar" Quote: "There are giant projects that will be implemented in the next stage..." My thinking is that the ports opening, the funding or KW projects and the salaries to be paid tomorrow are not a coincidence. At least they are closely linked to the coming days or so. So, from the sounds of all the data out, this is about over...If SA is on board, game over...I have to agree that is sure looks that way...imo.
11-15-2020 Newshound Guru Pimpy ...make sure you take all the information you get and filter it through all of it and you make your own decision on what is crap and what isn't. I don't want you to feel down about if Biden gets in "will an RV happen?" That is the talk if I'm being honest but again that's only from a couple people. Then on the other group of people are going, nothing is going to change...It's going to happen period. It's split down the middle. Half the people say yeah it going to happen regardless. Then the other half are saying hell no. We don't know. No body knows my friends. Only the people who are supposed to know...are the only people who know. Until they let the world know. No body knows. So don't get down on it...let's keep positive...
11-15-2020 Newshound Guru Kaperoni Article quotes: "Ahmed al-Haj, a member of the parliamentary Finance Committee that is part of the newly formed financial alliance, told Al-Monitor that the international financial alliance consented to the request to exempt Iraq from the OPEC+ obligations, and added that consultations between countries will kick off within days..." "He underscored that the international community does not want to see timid reforms, as was the case in the past..." "The Kadhimi government released a white paper for economic reforms that consists of a vision to resolve problems in the non-oil sector...He indicated that the white paper for economic reform shows the international community that Iraq is serious about reforming its economic and financial situation." We can hope that the plan works.
11-15-2020 Newshound Guru MilitiaMan Saudi Arabia announces "mega projects" for it in Iraq and is glad to open Arar" Quote: "There are giant projects that will be implemented in the next stage..." My thinking is that the ports opening, the funding or KW projects and the salaries to be paid tomorrow are not a coincidence. At least they are closely linked to the coming days or so. So, from the sounds of all the data out, this is about over...If SA is on board, game over...I have to agree that is sure looks that way...imo.
11-15-2020 Newshound Guru Pimpy ...make sure you take all the information you get and filter it through all of it and you make your own decision on what is crap and what isn't. I don't want you to feel down about if Biden gets in "will an RV happen?" That is the talk if I'm being honest but again that's only from a couple people. Then on the other group of people are going, nothing is going to change...It's going to happen period. It's split down the middle. Half the people say yeah it going to happen regardless. Then the other half are saying hell no. We don't know. No body knows my friends. Only the people who are supposed to know...are the only people who know. Until they let the world know. No body knows. So don't get down on it...let's keep positive...
11-14-2020 Newshound Guru MilitiaMan ...Kadhimi talks of Salaries in the same breathe as the funding of the Kuwait projects. The question is, with the international borders opening and the automation of payments for taxation, salaries, fees, etc, will they have a program rate associated with new opening internationally or will the new issue be different? They did not implement the monies for upwards of three years now? Why now? Well, if Iraq is to be fully article 8 compliant they'll need the rate to change to reflect that. The borrowing law was legislated and is to be enforce. That suggests they have the ability to borrow. But, liquidity suggests that couldn't be done at at program rate...imo.
11-14-2020 Newshound Guru Pimpy This is my opinion and my opinion only...whatever is going to happen needs to happen quickly...the truth of the matter is whenever the discussion of the rate change happens, it's done in a very very small group of people. If they decide to do it, one person will call it and make it happen. You won't even be aware of it until people start blowing it up all over social media. We have no idea what's holding it up or why it hasn't gone forward. There is a lot of speculation that it might happen between now and the end of the year...I understand why. That would be nice. But there is no proof of that...stay grounded. [If you want to be among the first to know about a rate change of the Iraqi dinar...get on the Dinar Guru Alert list! Simply enter your name and email in the blue box at the top of this page! It's free! :)]
11-14-2020 Newshound Guru Pimpy ...talking to my friends in the currency world, there is a lot of speculation back and forth on what a Biden Administration means to the exchange rate happening for the Iraqi dinar. Again it goes back and forth. It's all speculation. Some people say it doesn't matter. The rate change is the rate change. But then you got other people...there is concern expressed at some high levels. Either way here's my thing...everybody is only speculating...we don't know what's going to happen...I'm expecting news on the Iraqi dinar any day now. Hopefully good news and I'll be able to share it.
11-14-2020 Newshound Guru Kaperoni Direct from the IMF in 2014...“14. The de facto fixed exchange rate has served Iraq well. The authorities agreed that a stable nominal exchange rate provides a valuable anchor for inflation expectations in an uncertain environment, and intend to continue implementing this policy for the foreseeable future. In the medium term, staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect, to accommodate a possible real exchange rate appreciation while keeping domestic inflation low.” In other words, create the condition to move from a peg to a float and counter inflation as a result of significant investment by allowing the currency to appreciate countering the inflation created from that investment. This is how you do it. It is not an option, it is how central banks operate. There is no RV.
11-14-2020 Newshound Guru Pimpy the reforms are supposed to take place between 3 to 5 years...it's great. the economy grows. Their economy grows their currency becomes stronger. As their currency becomes stronger ours [U.S. Dollar] becomes weaker and that means our exchange rate change benefits those who hold Iraqi dinar.
11-14-2020 Newshound Guru JJimmyJJ Article: "Details of the financial deficit financing law in Iraq" IMO, everything is now done, and they got it [borrowing law] done in time for the GOI and CBI to roll it out before the end of the month (hopefully this weekend(!)...). The important thing, I think, is that it is done and the fab 4 are happy, that there is a sense of urgency sufficiently strong to get them to do something unprecedented, and that now the announcement can be made per their schedule. This is a glorious day!
11-14-2020 Newshound Guru Pimpy This is my opinion and my opinion only...whatever is going to happen needs to happen quickly...the truth of the matter is whenever the discussion of the rate change happens, it's done in a very very small group of people. If they decide to do it, one person will call it and make it happen. You won't even be aware of it until people start blowing it up all over social media. We have no idea what's holding it up or why it hasn't gone forward. There is a lot of speculation that it might happen between now and the end of the year...I understand why. That would be nice. But there is no proof of that...stay grounded. [If you want to be among the first to know about a rate change of the Iraqi dinar...get on the Dinar Guru Alert list! Simply enter your name and email in the blue box at the top of this page! It's free! :)]
11-14-2020 Newshound Guru Pimpy ...talking to my friends in the currency world, there is a lot of speculation back and forth on what a Biden Administration means to the exchange rate happening for the Iraqi dinar. Again it goes back and forth. It's all speculation. Some people say it doesn't matter. The rate change is the rate change. But then you got other people...there is concern expressed at some high levels. Either way here's my thing...everybody is only speculating...we don't know what's going to happen...I'm expecting news on the Iraqi dinar any day now. Hopefully good news and I'll be able to share it.
11-14-2020 Newshound Guru Kaperoni Direct from the IMF in 2014...“14. The de facto fixed exchange rate has served Iraq well. The authorities agreed that a stable nominal exchange rate provides a valuable anchor for inflation expectations in an uncertain environment, and intend to continue implementing this policy for the foreseeable future. In the medium term, staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect, to accommodate a possible real exchange rate appreciation while keeping domestic inflation low.” In other words, create the condition to move from a peg to a float and counter inflation as a result of significant investment by allowing the currency to appreciate countering the inflation created from that investment. This is how you do it. It is not an option, it is how central banks operate. There is no RV.
11-14-2020 Newshound Guru Pimpy the reforms are supposed to take place between 3 to 5 years...it's great. the economy grows. Their economy grows their currency becomes stronger. As their currency becomes stronger ours [U.S. Dollar] becomes weaker and that means our exchange rate change benefits those who hold Iraqi dinar.
11-14-2020 Newshound Guru JJimmyJJ Article: "Details of the financial deficit financing law in Iraq" IMO, everything is now done, and they got it [borrowing law] done in time for the GOI and CBI to roll it out before the end of the month (hopefully this weekend(!)...). The important thing, I think, is that it is done and the fab 4 are happy, that there is a sense of urgency sufficiently strong to get them to do something unprecedented, and that now the announcement can be made per their schedule. This is a glorious day!
11-13-2020 Intel Guru Bruce [via WiserNow] ... my understanding that Investment Law was passed...which have the actual new Iraqi Dinar rate...the in country rate...so – that is a very positive step forward... I have been called...and I have been put on notice to receive notifications...I do not know exactly when but...the indication was that we should receive notifications quite possibly tomorrow [Friday] or tomorrow late afternoon with the exchanges starting appropriately late tomorrow afternoon or possibly Saturday...we know some people have been paid and are being paid – and that process is moving towards us... I believe that with what’s happened in Iraq...that we have the movement that is pushing us along to where we should see this I am going to say between now and the weekend – and in a very real sense – the weekend starts tomorrow [Friday] - So – let’s see how that goes...
11-13-2020 Intel Guru Delta Article: "Iran begins deleting zeros from its currency and a new banknote" [Delta, Could you clarify what significance this article has on our investment.] TIMING...SOME COUNTRIES WILL DEVALUE SOME WILL RV...IMOO.
11-13-2020 Newshound Guru Pimpy ...there's a lot of speculation...that the rate change is in the 2021 budget. We know that the reform papers or white papers talked about the study of dealing with the rate change but there was nothing set in stone. They're just talking about it. Are we anticipating a rate change? Yes.
11-13-2020 Newshound Guru JJimmyJJ Article: "Details of the financial deficit financing law in Iraq" What has been the mantra for years? The CBI is in control of the rate! They certainly aren't going to allow the den of thieves known as the Iraqi parliament to make the announcement! The GOI and the CBI needed this law passed so they had this piece of the plan in place (the IMF and Fab 4 were requiring it to allow them to borrow any more money from outside Iraq). IMO. IMO, this law was the starting pistol, but it is up to the GOI & CBI to start running. Also, it had always been said that the rate change would be seen in the CBI site and forex first, and that it was likely to come out on a weekend when the banks were closed. [NOTE: You can always see the latest CBI official rate on the left side of this page.]
11-13-2020 Intel Guru MarkZ [via PDK] The big news is the tweet we saw from Trump congratulating Iraq on being international with a new competitive rate. So, they are very excited on the ground in Iraq that the rate is imminent...I will dig to make certain the tweet isn't a fake.
11-13-2020 Newshound/Intel Guru Mnt Goat Article: "AN AMERICAN INSTITUTE EXPECTS A FINANCIAL COLLAPSE OF IRAQ IN 2021" Quote: "Iraq faces a total financial collapse of the state, which is likely to happen during the next year, indicating that the country is finding it difficult to cover its monthly expenses." this article news is why I keep telling everyone this is Iraq’s last chance to get it right. There will be no other time...
11-13-2020 Newshound Guru JJimmyJJ [New Guru ] Article: "In a session held at dawn...Parliament approves a bill to finance "fiscal deficit" What could possibly be so urgent in IRAQ that they worked all day and then held a dawn session to pass it? That's something I've never seen before. This is the mother of all pattern breakers, IMO.
11-13-2020 Intel Guru Delta Article: "Iran begins deleting zeros from its currency and a new banknote" [Delta, Could you clarify what significance this article has on our investment.] TIMING...SOME COUNTRIES WILL DEVALUE SOME WILL RV...IMOO.
11-13-2020 Newshound Guru Pimpy ...there's a lot of speculation...that the rate change is in the 2021 budget. We know that the reform papers or white papers talked about the study of dealing with the rate change but there was nothing set in stone. They're just talking about it. Are we anticipating a rate change? Yes.
11-13-2020 Newshound Guru JJimmyJJ Article: "Details of the financial deficit financing law in Iraq" What has been the mantra for years? The CBI is in control of the rate! They certainly aren't going to allow the den of thieves known as the Iraqi parliament to make the announcement! The GOI and the CBI needed this law passed so they had this piece of the plan in place (the IMF and Fab 4 were requiring it to allow them to borrow any more money from outside Iraq). IMO. IMO, this law was the starting pistol, but it is up to the GOI & CBI to start running. Also, it had always been said that the rate change would be seen in the CBI site and forex first, and that it was likely to come out on a weekend when the banks were closed. [NOTE: You can always see the latest CBI official rate on the left side of this page.]
11-13-2020 Intel Guru MarkZ [via PDK] The big news is the tweet we saw from Trump congratulating Iraq on being international with a new competitive rate. So, they are very excited on the ground in Iraq that the rate is imminent...I will dig to make certain the tweet isn't a fake.
11-13-2020 Newshound/Intel Guru Mnt Goat Article: "AN AMERICAN INSTITUTE EXPECTS A FINANCIAL COLLAPSE OF IRAQ IN 2021" Quote: "Iraq faces a total financial collapse of the state, which is likely to happen during the next year, indicating that the country is finding it difficult to cover its monthly expenses." this article news is why I keep telling everyone this is Iraq’s last chance to get it right. There will be no other time...
11-13-2020 Newshound Guru JJimmyJJ [New Guru ] Article: "In a session held at dawn...Parliament approves a bill to finance "fiscal deficit" What could possibly be so urgent in IRAQ that they worked all day and then held a dawn session to pass it? That's something I've never seen before. This is the mother of all pattern breakers, IMO.
11-12-2020 Intel Guru Footforward [yes borrowing law passed at a late meeting last night!] it did pass...If the new rate is in there, they hid it well. None of my people can find it. It's also possible it's in another piece of legislation that has a date inside of it to be triggered at a later date.
11-12-2020 Intel Guru RayRen98 From Iraq...The election law, which was passed last week, was ratified today and signed by President Saleh. This was in the newspapers. It is expected within a week to see the borrowing law also signed and ratified and in gazette with salaries being paid the next two days. Iraq announces Sunday as day to launch salaries for employees and retirees.
11-12-2020 Newshound/Intel Guru Mnt Goat Nothing has changed and so we are just waiting until the new fiscal year 2021 clock to begin and the adjustments along with the project to delete the zeros may take place.
11-12-2020 Newshound Guru Jeff the last step is positioning in the money. That's what they're doing right now...one of the most important steps of positioning the money is changing the rate and making Iraq's currency internationally recognized. That's one of the most important steps of the reforms. Everything is right on track. It's looking very very good. We are moving in the right direction. Iraq should have everything done and ready to go by the 21st next week...I'm not giving you that as the RV date...that's when they'll have everything done and ready to go...they can change the rate anytime after the president signs it [the borrowing law]. We're looking very good.
11-12-2020 Intel Guru RayRen98 BANKS ARE "ON LOCATION" TODAY... WAITING FOR THE "GO" SIGNAL! (EXCEPT TEXAS SO FAR) SOME WENT IN AS EARLY AS 6:00 AM ...AND SOME RECEIVED A CALL FROM AN AUTHORITATIVE SOURCE WITH SPECIFIC INFORMATION. TRYIN' TO STAY COOL, CALM AND COLLECTIVE...
11-12-2020 Intel Guru MarkZ [via PDK] ...we are darn close…news has been good for a change. Hearing interesting stuff…especially out of Iraq. They have passed more legislation. I was told hidden in the borrowing law was a rate and is expected soon. My chatter out of there is really good. Especially from one contractor I know on the ground there…so I am excited. Does it tell us the exact time? No…but it tells us they are moving in the right direction.
11-12-2020 Newshound Guru Jeff ...They've done it! They've approved the borrowing law. The 3rd and final reading is all done... Article: "Parliament passes the borrowing bill and gives a green light to pay salaries" ...it's not a legal binding law yet. The next thing they're going to do is pass it off to the president for signature. That will not happen until next week...The president has to sign off on it so it can be a legally binding law and can be printed in the gazette. That won't happen until next week...by the 21st...there's nothing else remaining. This is the last and final step required for the rate change...they can change the rate anytime after that...
11-12-2020 Newshound Guru MilitiaMan Article: "Iraq Ports opens a branch of the Arab Islamic Mashreq Bank to facilitate financial services" This Islamic bank must know it...it is now safe and secure!! The place was a smuggling haven in 2003... For this to be in the stage of opening banks in this port is very telling... Just as the Port of Anara with Saudi Arabia is now...The ITBs banks are even gearing to finally open branches. Not just one but many in SA... IMO All good..
11-12-2020 Intel Guru RayRen98 From Iraq...The election law, which was passed last week, was ratified today and signed by President Saleh. This was in the newspapers. It is expected within a week to see the borrowing law also signed and ratified and in gazette with salaries being paid the next two days. Iraq announces Sunday as day to launch salaries for employees and retirees.
11-12-2020 Newshound/Intel Guru Mnt Goat Nothing has changed and so we are just waiting until the new fiscal year 2021 clock to begin and the adjustments along with the project to delete the zeros may take place.
11-12-2020 Newshound Guru Jeff the last step is positioning in the money. That's what they're doing right now...one of the most important steps of positioning the money is changing the rate and making Iraq's currency internationally recognized. That's one of the most important steps of the reforms. Everything is right on track. It's looking very very good. We are moving in the right direction. Iraq should have everything done and ready to go by the 21st next week...I'm not giving you that as the RV date...that's when they'll have everything done and ready to go...they can change the rate anytime after the president signs it [the borrowing law]. We're looking very good.
11-12-2020 Intel Guru RayRen98 BANKS ARE "ON LOCATION" TODAY... WAITING FOR THE "GO" SIGNAL! (EXCEPT TEXAS SO FAR) SOME WENT IN AS EARLY AS 6:00 AM ...AND SOME RECEIVED A CALL FROM AN AUTHORITATIVE SOURCE WITH SPECIFIC INFORMATION. TRYIN' TO STAY COOL, CALM AND COLLECTIVE...
11-12-2020 Intel Guru MarkZ [via PDK] ...we are darn close…news has been good for a change. Hearing interesting stuff…especially out of Iraq. They have passed more legislation. I was told hidden in the borrowing law was a rate and is expected soon. My chatter out of there is really good. Especially from one contractor I know on the ground there…so I am excited. Does it tell us the exact time? No…but it tells us they are moving in the right direction.
11-12-2020 Newshound Guru Jeff ...They've done it! They've approved the borrowing law. The 3rd and final reading is all done... Article: "Parliament passes the borrowing bill and gives a green light to pay salaries" ...it's not a legal binding law yet. The next thing they're going to do is pass it off to the president for signature. That will not happen until next week...The president has to sign off on it so it can be a legally binding law and can be printed in the gazette. That won't happen until next week...by the 21st...there's nothing else remaining. This is the last and final step required for the rate change...they can change the rate anytime after that...
11-12-2020 Newshound Guru MilitiaMan Article: "Iraq Ports opens a branch of the Arab Islamic Mashreq Bank to facilitate financial services" This Islamic bank must know it...it is now safe and secure!! The place was a smuggling haven in 2003... For this to be in the stage of opening banks in this port is very telling... Just as the Port of Anara with Saudi Arabia is now...The ITBs banks are even gearing to finally open branches. Not just one but many in SA... IMO All good..
11-11-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi announces the launch of salaries after the approval of the loan law" From the looks of what we are seeing the investment side of things is pushing forward...They really need the investment, reconstruction and employment. Paying salaries, creating future income to support those salaries is a function of going to a market economy... Full steam ahead...And it looks to be quite quickly now too.
11-11-2020 Newshound/Intel Guru Mnt Goat Article: "PLANNING EXPOSES THE LIES OF POLITICIZED PUBLICATIONS: THE IRAQI-CHINESE AGREEMENT IS LAUNCHED FOR IMPLEMENTATION ... AND THERE IS NO ALTERNATIVE WITH EGYPT" Quote: "...we will announce some of its programs within the next two days and the steps TO ACTIVATE THE AGREEMENT THAT BEGAN WITH THE ERA OF HAIDER AL-ABADI'S GOVERNMENT AND WAS COMPLETED WITH THE ERA OF ABDUL-MAHDI, AND TODAY IT IS IN THE PROCESS OF IMPLEMENTATION" we know part of this agreement was having the ability to transfer funds easily in and out of Iraq. So are we that close to the reinstatement of the Iraqi dinar? This is a very good announcement for us.
11-11-2020 Intel Guru Bruce [via WiserNow] ...we’re in pretty good shape right now – we really are – I know sometimes it’s hard to see it...I think our patience is being tried during this time – not only because of the election and waiting for results – but also based on the fact that this ride has been going on for quite a long time... I appreciate that – I am thinking we are just about ready to call it The End... Thursday...Iraq is planning to have the investment law passed – and the investment law contains the actual in country rate of Iraqi Dinar... they were supposed to make their international rate known last Saturday –I’m not sure that happened...One of our sources is calling ...Thursday “Christmas”...I believe it’s quite possible...I feel really good about it – and I’m looking forward to this coming to it’s final conclusion...
11-11-2020 Newshound Guru Adam Montana The price of Oil is...important to Iraq, and that's doing fine... Also important is the political state in Iraq, and that too is doing fine...So... what's the holdup? HCL. And Article 140, to a limited extent, being limited to it's importance to the HCL...Good news, though...that's being worked on, and progress is being made... Don't give up yet, friends...things are moving...GOOOOO RRRRVVVVV!!!! [post 2 of 2]
11-11-2020 Newshound Guru Adam Montana In the US of A, we have a political fustercluck [a complex and utterly disordered and mismanaged situation...by Merriam-Webster]..., and like I said last week...the winner of the election doesn't really affect what Iraq can and will do. It does, however, have an impact on what current President Trump may do in his (possibly) final months as CEO of the USA. Pushing Iraq towards an increase in wealth would be an incredible thing to add to the list of accomplishments, don't you think? I do... [post 1 of 2....stay tuned]
11-11-2020 Intel Guru MarkZ [via PDK] I know others are saying tomorrow is our payday “Christmas” …but I do not think money movement is where it needs to be yet…I hope I am wrong. I have had 3 days of good chatter coming out of Iraq and Vietnam which has me very hopeful.
11-11-2020 Newshound Guru Jeff Article: "Parliament holds a voting session on the borrowing law" ...we're looking for two things after this...We're looking for parliament to come out and say that they have finished and completed voting on the Borrowing Law. We need to see an article that's saying it's fully approved and done by parliament. And then the second article is we're looking for the law to be passed off to the president. We need him to sign it. It needs to be a legal binding law...those are the steps we need to see with the law before you're going to see that rate change...the president most likely is not going to sign it until probably next week sometime...
11-11-2020 Newshound/Intel Guru Mnt Goat ...we, as investors have trillions of this currency [IQD] in our holdings. Don’t hear much about this do you? They must come after our holdings...to get these notes out of circulation. The only way they are going to get mine is for me to exchange them at the banks for substantially more than what I paid for them.
11-11-2020 Newshound/Intel Guru Mnt Goat Article: "PLANNING EXPOSES THE LIES OF POLITICIZED PUBLICATIONS: THE IRAQI-CHINESE AGREEMENT IS LAUNCHED FOR IMPLEMENTATION ... AND THERE IS NO ALTERNATIVE WITH EGYPT" Quote: "...we will announce some of its programs within the next two days and the steps TO ACTIVATE THE AGREEMENT THAT BEGAN WITH THE ERA OF HAIDER AL-ABADI'S GOVERNMENT AND WAS COMPLETED WITH THE ERA OF ABDUL-MAHDI, AND TODAY IT IS IN THE PROCESS OF IMPLEMENTATION" we know part of this agreement was having the ability to transfer funds easily in and out of Iraq. So are we that close to the reinstatement of the Iraqi dinar? This is a very good announcement for us.
11-11-2020 Intel Guru Bruce [via WiserNow] ...we’re in pretty good shape right now – we really are – I know sometimes it’s hard to see it...I think our patience is being tried during this time – not only because of the election and waiting for results – but also based on the fact that this ride has been going on for quite a long time... I appreciate that – I am thinking we are just about ready to call it The End... Thursday...Iraq is planning to have the investment law passed – and the investment law contains the actual in country rate of Iraqi Dinar... they were supposed to make their international rate known last Saturday –I’m not sure that happened...One of our sources is calling ...Thursday “Christmas”...I believe it’s quite possible...I feel really good about it – and I’m looking forward to this coming to it’s final conclusion...
11-11-2020 Newshound Guru Adam Montana The price of Oil is...important to Iraq, and that's doing fine... Also important is the political state in Iraq, and that too is doing fine...So... what's the holdup? HCL. And Article 140, to a limited extent, being limited to it's importance to the HCL...Good news, though...that's being worked on, and progress is being made... Don't give up yet, friends...things are moving...GOOOOO RRRRVVVVV!!!! [post 2 of 2]
11-11-2020 Newshound Guru Adam Montana In the US of A, we have a political fustercluck [a complex and utterly disordered and mismanaged situation...by Merriam-Webster]..., and like I said last week...the winner of the election doesn't really affect what Iraq can and will do. It does, however, have an impact on what current President Trump may do in his (possibly) final months as CEO of the USA. Pushing Iraq towards an increase in wealth would be an incredible thing to add to the list of accomplishments, don't you think? I do... [post 1 of 2....stay tuned]
11-11-2020 Intel Guru MarkZ [via PDK] I know others are saying tomorrow is our payday “Christmas” …but I do not think money movement is where it needs to be yet…I hope I am wrong. I have had 3 days of good chatter coming out of Iraq and Vietnam which has me very hopeful.
11-11-2020 Newshound Guru Jeff Article: "Parliament holds a voting session on the borrowing law" ...we're looking for two things after this...We're looking for parliament to come out and say that they have finished and completed voting on the Borrowing Law. We need to see an article that's saying it's fully approved and done by parliament. And then the second article is we're looking for the law to be passed off to the president. We need him to sign it. It needs to be a legal binding law...those are the steps we need to see with the law before you're going to see that rate change...the president most likely is not going to sign it until probably next week sometime...
11-11-2020 Newshound/Intel Guru Mnt Goat ...we, as investors have trillions of this currency [IQD] in our holdings. Don’t hear much about this do you? They must come after our holdings...to get these notes out of circulation. The only way they are going to get mine is for me to exchange them at the banks for substantially more than what I paid for them.
11-10-2020 Intel Guru MarkZ [via PDK] I hate to tell you this but politics and the RV are intertwined…you cannot talk about one without the other. Stay calm – unfortunately this is a show we have to watch play out until the end. IMO this would be a perfect time to release it…
11-10-2020 Intel Guru RayRen98 Monday's banker's meeting results: They were told that the "exchange madness" should subside by (or before) Thanksgiving!
11-10-2020 Newshound/Intel Guru Petra Now, the CBI is opening a branch in the new Port of Abu Flus...wouldn't that make a statement of being International? So many great things are happening and now they are in a hurry. IMO, it is because there are performance clauses in the agreements that require an international rate...IMO. So, what is the timing of the vote. ..it's first on the agenda, not second, or third...FIRST! So when will they pay salaries? ...things are moving quick as the citizens need payment and the CBI needs liquidity. Secondary markets...here comes Iraq!!! All IMO! [post 2 of 2]
11-10-2020 Newshound/Intel Guru Petra So we see several articles today discussing the vote by Parliament for the Finance Deficit Law to which they agreed to pass and then pay the salaries...The key point is the sense of urgency now being presented that they must get this law passed. Why? Well, first of all the citizens are irate and want their money...But look what else is happening with all this focus on the Finance law...Netherlands coming into Kurdistan...SA signed agreements for 13 items including Ports, Boarders, Oil/Gas, Education/Industry, TRADE, and agriculture. The CBI Governor of Iraq and the CB of SA governor was there yesterday as well. And reportedly, the Crown Prince is to be coming to Iraq today as well. Why? Something important I'm sure... South Korea getting in the game and now we know China is engaged. All at once....why? (wink) [post 1 of 2....stay tuned]
11-10-2020 Intel Guru MarkZ [via PDK] There is still great chatter today…even out of Vietnam. They appear to be positioning there as well. My contacts there say they are doing another push on the streets to get people onto digital currency and cash off the streets before they do their reset. This is probably the biggest news of the day. Iraq is still passing legislation and educating people on the streets.
11-10-2020 Newshound/Intel Guru Mnt Goat SO WHERE DO WE STAND TODAY IN GETTING THE REINSTATEMENT? I will tell everyone for sure they are still on the path for early January 2021 about the time just before or after Trump is sworn in again as the second term as the 45th president. We can clearly see the plan and it has been reviewed with me by my CBI contact. Yes, they are NOT even hiding it anymore. It is in plain sight...You now have the path and the timeline. Just be patient and relax. It is coming.
11-10-2020 Newshound Guru Kaperoni [So tired of waiting] We all are. But this is up to Iraq and it's taken a long time for them to realize that they need to turn their economy around. All we can do is watch and hope.
11-10-2020 Newshound Guru Pimpy Article: "The opening of the Arar border crossing with Saudi Arabia next week" ...this is good because...you can do a lot of business and trade with these borders open...the stronger their economy becomes the stronger their currency (which is the Iraqi dinar) becomes...
11-10-2020 Intel Guru Footforward [why is Iraq doing a borrowing law? if they could just RV wouldn’t that get rid of borrowing?] it would. It's because they can't go into debt unless they have approval for it. Theory is that they could RV and borrow money to kick start their recovery faster.
11-10-2020 Intel Guru RayRen98 Monday's banker's meeting results: They were told that the "exchange madness" should subside by (or before) Thanksgiving!
11-10-2020 Newshound/Intel Guru Petra Now, the CBI is opening a branch in the new Port of Abu Flus...wouldn't that make a statement of being International? So many great things are happening and now they are in a hurry. IMO, it is because there are performance clauses in the agreements that require an international rate...IMO. So, what is the timing of the vote. ..it's first on the agenda, not second, or third...FIRST! So when will they pay salaries? ...things are moving quick as the citizens need payment and the CBI needs liquidity. Secondary markets...here comes Iraq!!! All IMO! [post 2 of 2]
11-10-2020 Newshound/Intel Guru Petra So we see several articles today discussing the vote by Parliament for the Finance Deficit Law to which they agreed to pass and then pay the salaries...The key point is the sense of urgency now being presented that they must get this law passed. Why? Well, first of all the citizens are irate and want their money...But look what else is happening with all this focus on the Finance law...Netherlands coming into Kurdistan...SA signed agreements for 13 items including Ports, Boarders, Oil/Gas, Education/Industry, TRADE, and agriculture. The CBI Governor of Iraq and the CB of SA governor was there yesterday as well. And reportedly, the Crown Prince is to be coming to Iraq today as well. Why? Something important I'm sure... South Korea getting in the game and now we know China is engaged. All at once....why? (wink) [post 1 of 2....stay tuned]
11-10-2020 Intel Guru MarkZ [via PDK] There is still great chatter today…even out of Vietnam. They appear to be positioning there as well. My contacts there say they are doing another push on the streets to get people onto digital currency and cash off the streets before they do their reset. This is probably the biggest news of the day. Iraq is still passing legislation and educating people on the streets.
11-10-2020 Newshound/Intel Guru Mnt Goat SO WHERE DO WE STAND TODAY IN GETTING THE REINSTATEMENT? I will tell everyone for sure they are still on the path for early January 2021 about the time just before or after Trump is sworn in again as the second term as the 45th president. We can clearly see the plan and it has been reviewed with me by my CBI contact. Yes, they are NOT even hiding it anymore. It is in plain sight...You now have the path and the timeline. Just be patient and relax. It is coming.
11-10-2020 Newshound Guru Kaperoni [So tired of waiting] We all are. But this is up to Iraq and it's taken a long time for them to realize that they need to turn their economy around. All we can do is watch and hope.
11-10-2020 Newshound Guru Pimpy Article: "The opening of the Arar border crossing with Saudi Arabia next week" ...this is good because...you can do a lot of business and trade with these borders open...the stronger their economy becomes the stronger their currency (which is the Iraqi dinar) becomes...
11-10-2020 Intel Guru Footforward [why is Iraq doing a borrowing law? if they could just RV wouldn’t that get rid of borrowing?] it would. It's because they can't go into debt unless they have approval for it. Theory is that they could RV and borrow money to kick start their recovery faster.
11-9-2020 Intel Guru Frank26 ...our investment with the Iraqi dinar is extremely copacetic...it's going along nicely...
11-9-2020 Newshound Guru Jeff UPDATE FOR EARLIER POST: Article: "The amount of borrowing will range between 10-15 trillion dinars, MP says" ...they did the 2nd reading on yesterday which was Sunday the 8th. They did the first reading on October 24th...the 3rd and final reading will occur on 11/21...you'll get your confirmation on that next week. Quote: "...the government to prepare the law in appropriate form in preparation for voting on the borrowing law next Thursday." ...they're telling that either this Thursday or Thursday of next week that they plan to finish it. They're not going to...it's going to be Saturday the 21st...they can change the rate anytime after that.
11-9-2020 Intel Guru RayRen98 BANKS ARE "ON LOCATION" TODAY... WAITING FOR THE "GO" SIGNAL! (EXCEPT TEXAS)...IT IS BELIEVED THAT SOME BANKS (IF NOT ALL) WILL HAVE A "RANGE" OF RATES FOR THE CUSTOMER BASED ON FUTURE COMMITMENTS WITH BANK PRODUCTS AND SERVICING.
11-9-2020 Newshound Guru Jeff ...the election is not slowing this down. The elections have nothing to do with this [Iraq dinar RV/rate change]...
11-9-2020 Newshound Guru Kaperoni If Iraq was going to magically RV to solve their financial problems there would be no need for a borrowing law...Iraq has tremendous potential for economic growth and a diverse economy. They need to pass the laws and create a suitable investment environment. Only with the success of the economy can the dinar appreciate in value.
11-9-2020 Intel Guru MarkZ [via PDK] A number of my contacts have been moving back into location over the weekend…many of them will be back in the saddle today and tomorrow. I am hoping for a considerable amount of news to hit us soon...Still hearing lots of good chatter in the streets of Iraq. They passed more reforms last week that are taking effect this week already... One of my contacts on the ground there is so excited. He says it looks like we will all be wealthy shortly.
11-9-2020 Newshound Guru Jeff Article: "With a value of 21 trillion dinars to pay salaries and expenses...an early date for the passage of the borrowing law" the borrowing law is the last thing we're waiting for for them to change the rate. They can change the rate anytime after they complete this borrowing law...they're tentatively telling us they want to do the second reading on Thursday. Article "Prime Minister Spokesman: To vote on the borrowing law next Thursday" that's this Thursday...there are two articles suggesting to us they're trying to do the second reading this Thursday...after they do the second reading this week we're looking for the 3rd and final reading of the borrowing law on Saturday November 21st and then they can change the rate anytime after that.
11-8-2020 Newshound Guru Pimpy ...there's speculation that whatever is happening with the IQD, whatever that plan, whatever they're doing with it right now, it could be implemented real quick before Trump is totally out of office...
11-8-2020 Newshound/Intel Guru RVAlready [ I think it is more likely that if there was agreement on Article 140 there would be an RV. The problem is that you can't verify anything.] Yes. On Oct 10, 2020, the US embassy congratulated Iraq on implementing Article 140.
11-9-2020 Newshound Guru Jeff UPDATE FOR EARLIER POST: Article: "The amount of borrowing will range between 10-15 trillion dinars, MP says" ...they did the 2nd reading on yesterday which was Sunday the 8th. They did the first reading on October 24th...the 3rd and final reading will occur on 11/21...you'll get your confirmation on that next week. Quote: "...the government to prepare the law in appropriate form in preparation for voting on the borrowing law next Thursday." ...they're telling that either this Thursday or Thursday of next week that they plan to finish it. They're not going to...it's going to be Saturday the 21st...they can change the rate anytime after that.
11-9-2020 Intel Guru RayRen98 BANKS ARE "ON LOCATION" TODAY... WAITING FOR THE "GO" SIGNAL! (EXCEPT TEXAS)...IT IS BELIEVED THAT SOME BANKS (IF NOT ALL) WILL HAVE A "RANGE" OF RATES FOR THE CUSTOMER BASED ON FUTURE COMMITMENTS WITH BANK PRODUCTS AND SERVICING.
11-9-2020 Newshound Guru Jeff ...the election is not slowing this down. The elections have nothing to do with this [Iraq dinar RV/rate change]...
11-9-2020 Newshound Guru Kaperoni If Iraq was going to magically RV to solve their financial problems there would be no need for a borrowing law...Iraq has tremendous potential for economic growth and a diverse economy. They need to pass the laws and create a suitable investment environment. Only with the success of the economy can the dinar appreciate in value.
11-9-2020 Intel Guru MarkZ [via PDK] A number of my contacts have been moving back into location over the weekend…many of them will be back in the saddle today and tomorrow. I am hoping for a considerable amount of news to hit us soon...Still hearing lots of good chatter in the streets of Iraq. They passed more reforms last week that are taking effect this week already... One of my contacts on the ground there is so excited. He says it looks like we will all be wealthy shortly.
11-9-2020 Newshound Guru Jeff Article: "With a value of 21 trillion dinars to pay salaries and expenses...an early date for the passage of the borrowing law" the borrowing law is the last thing we're waiting for for them to change the rate. They can change the rate anytime after they complete this borrowing law...they're tentatively telling us they want to do the second reading on Thursday. Article "Prime Minister Spokesman: To vote on the borrowing law next Thursday" that's this Thursday...there are two articles suggesting to us they're trying to do the second reading this Thursday...after they do the second reading this week we're looking for the 3rd and final reading of the borrowing law on Saturday November 21st and then they can change the rate anytime after that.
11-8-2020 Newshound Guru Pimpy ...there's speculation that whatever is happening with the IQD, whatever that plan, whatever they're doing with it right now, it could be implemented real quick before Trump is totally out of office...
11-8-2020 Newshound/Intel Guru RVAlready [ I think it is more likely that if there was agreement on Article 140 there would be an RV. The problem is that you can't verify anything.] Yes. On Oct 10, 2020, the US embassy congratulated Iraq on implementing Article 140.
11-7-2020 Newshound Guru Jeff Iraq started off they achieved stability. What did they do after they achieved stability? August through October they went from the U.S. to Europe to put all of these agreements in place to create their reforms. Once they got the reforms dialed in the next step they went to is positioning the money. They are positioning the money right now. One of the steps for positioning the money is the rate change. The rate has to change before the reforms can be implemented. But that's why they're positioning the money right now. Again one of those steps is the rate change...
11-7-2020 Newshound Guru Kaperoni ...Iraq is in a financial crisis in about to go broke. There is no RV. A country's exchange rate is based on the growth and economic success of the economy and monetary policy is a tool to counter inflationary pressure as a result of that growth. It's not some random act just to give wealth to people. The whole idea of a revaluation (RV) is nonsense. Central banks don't work that way and it contradicts monetary policy. Remember the central banks are in business to make money not give it away. If Iraq ever had the intention to significantly overnight RV they wouldn't have in excess of 40 trillion dinar in circulation outside the banking system in Iraq. That's just too much money.
11-7-2020 Newshound Guru Jeff I know a lot of you guys keep kind of shooting your options out in the background saying 'Oh, if Biden gets in, this is never gonna happen.' Bull crap! Iraq is not stopping. Iraq is continuing to push forward. The U.S. elections will have no impact on this at all...in Iraq life is moving forward as normal regardless of the elections...stay focused on Iraq. Don't focus on our political mess...
11-7-2020 Intel Guru Bruce ...we did hear that Iraq...and we heard this from Iraqi citizens that they are going to pay their citizens that are legitimate legal citizens of Iraq on Saturday [Nov. 7] - on their Q cards...and they should pay them at a NEW RATE - whatever that rate is we don’t know what it is yet – we know they had a new in country rate – we know they had an international rate – and let’s see if they update and increase that – we may find out and we may not...So let’s keep an eye on things...
11-7-2020 Newshound Guru Jeff I want to bring some common sense into this...Iraq is gonna be and will continue to push forward on their borrowing law. That is the last thing we are waiting for...they're set to do the second reading next Monday of next week... after they do the 3rd reading which will be Saturday November 21st...they can change the rate at any point in time...
11-7-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ ADOPTED THE WHITE PAPER OCTOBER 2020 FOR ECONOMIC REFORM" ...two of the pillars of reform out of the White Papers...include: 1) REVIEWING THE CURRENT EXCHANGE RATE OF THE DOLLAR AGAINST THE DINAR; 2) Establishing new trading markets, such as a commodity market AND A CURRENCY EXCHANGE MARKET (FOREX). So now there is no more guessing game as what is in these White Papers that we are mostly concerned about. Their intentions are spelled out...all I can is WOW! Here it is in black and white for us to read.
11-7-2020 Newshound Guru Kaperoni ...Iraq is in a financial crisis in about to go broke. There is no RV. A country's exchange rate is based on the growth and economic success of the economy and monetary policy is a tool to counter inflationary pressure as a result of that growth. It's not some random act just to give wealth to people. The whole idea of a revaluation (RV) is nonsense. Central banks don't work that way and it contradicts monetary policy. Remember the central banks are in business to make money not give it away. If Iraq ever had the intention to significantly overnight RV they wouldn't have in excess of 40 trillion dinar in circulation outside the banking system in Iraq. That's just too much money.
11-7-2020 Newshound Guru Jeff I know a lot of you guys keep kind of shooting your options out in the background saying 'Oh, if Biden gets in, this is never gonna happen.' Bull crap! Iraq is not stopping. Iraq is continuing to push forward. The U.S. elections will have no impact on this at all...in Iraq life is moving forward as normal regardless of the elections...stay focused on Iraq. Don't focus on our political mess...
11-7-2020 Intel Guru Bruce ...we did hear that Iraq...and we heard this from Iraqi citizens that they are going to pay their citizens that are legitimate legal citizens of Iraq on Saturday [Nov. 7] - on their Q cards...and they should pay them at a NEW RATE - whatever that rate is we don’t know what it is yet – we know they had a new in country rate – we know they had an international rate – and let’s see if they update and increase that – we may find out and we may not...So let’s keep an eye on things...
11-7-2020 Newshound Guru Jeff I want to bring some common sense into this...Iraq is gonna be and will continue to push forward on their borrowing law. That is the last thing we are waiting for...they're set to do the second reading next Monday of next week... after they do the 3rd reading which will be Saturday November 21st...they can change the rate at any point in time...
11-7-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ ADOPTED THE WHITE PAPER OCTOBER 2020 FOR ECONOMIC REFORM" ...two of the pillars of reform out of the White Papers...include: 1) REVIEWING THE CURRENT EXCHANGE RATE OF THE DOLLAR AGAINST THE DINAR; 2) Establishing new trading markets, such as a commodity market AND A CURRENCY EXCHANGE MARKET (FOREX). So now there is no more guessing game as what is in these White Papers that we are mostly concerned about. Their intentions are spelled out...all I can is WOW! Here it is in black and white for us to read.
11-6-2020 Intel Guru Bruce [via WiserNow] ...the sources that I have are telling me that – our blessing in terms of the GCR and the revaluation of these currencies is happening apart from the election process...I think – from what I’m getting from all sources – this process for us – meaning the blessing we’re looking for – is on-going and moving toward us such that one of the larger banks that we talk to – tier 1 bank – is suggesting that we should be there either...Saturday or Tuesday...As far as anything else timing wise we have had a few sources that have said just be patient – like we haven’t been right? We’ve been super patient - just be patient and see what happens in the next few days...
11-6-2020 Newshound Guru MilitiaMan ...We have been told the Borrowing law would be set for tomorrow "Saturday". We have been told the committee needs the exchange data prior to the vote. Also, don't forget that we were also told that if the vote didn't happen, the salaries would get paid regardless, next week. Article: "A parliamentary committee reveals an upcoming meeting with the Finance and Central Bank for this file" Quote: "...the Central Bank and the Ministry of Finance to discuss the fiscal deficit financing law," noting that "the meeting will deal with reducing the money ceiling within the law..." But, now...the CBI and PFC tell us the story. They are to discuss the deficit law next week. They tell us they are to deal with reducing the money ceiling. Well, if that doesn't make you smile... By raising the exchange rate data, they will be reducing the amount of debt. That is from the CBI...The horses mouth...Lets see what they do next week or in the coming hours even...
11-6-2020 Newshound Guru Pimpy talking with people behind the scenes about the Iraqi dinar in regards to this election. Sometimes you gotta take the bad news along with the good news. And I'm not just saying this because it's a political jab. That's not what it is...this is pure speculation but I can tell you this they're already concerned that a Biden Administration would prevent the Iraq's dinar from getting its revaluation for years...having said the bad let's talk about the good. Again, this is just speculation. This is just my opinion. If they really start to feel threatened that Biden is going to cause holy hell over there...don't be surprised if they don't pull the trigger before he takes office. Again that's my opinion...there's nothing behind that other than my opinion. But don't be surprised if that happens...
11-6-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS PREPARING TO RECEIVE DONOR COUNTRIES NEXT WEEK" Oh -- why are donor countries all of a sudden wanting to come in to Iraq now? Could they know something we don’t? Oh- but we do know it and it is coming to us soon…It’s called “reinstatement of the IQD on FOREX for trading (buying and selling) and not just a placeholder as it currently is.
11-6-2020 Intel Guru MarkZ [via PDK] On the RV front I have spoken with banking contacts…one contact got back in place yesterday…..the rest will be back in place over the weekend. Personally I am not looking for anything to happen for a few days while everything plays out. Trump NEEDS to Flip THE SWITCH NOW!!! Stay Calm everyone. We need to watch it play out.
11-6-2020 Intel Guru Footforward Article: "The Central Bank and international organizations discuss mechanisms to enhance financial inclusion" Quote: "The Cental Bank of Iraq announced the organization of a workshop to prepare a strategy for financial inclusion in Iraq in cooperation with the World Bank." And without an RV that would all be a giant waste of time.
11-6-2020 Newshound Guru Pimpy ...Yes there was another report out by Bloomberg - if they don't do something here soon Iraq is about to go bankrupt which is interesting considering all the new agreements that they have in their local neighborhood. The future looks very very bright for Iraq but they need to do something about the 'now'. Here's what they've done. Article: "A decisive agreement that solves the crisis...Passing the borrowing law and launching salaries next Monday" Thank God.
11-6-2020 Newshound Guru MilitiaMan ...We have been told the Borrowing law would be set for tomorrow "Saturday". We have been told the committee needs the exchange data prior to the vote. Also, don't forget that we were also told that if the vote didn't happen, the salaries would get paid regardless, next week. Article: "A parliamentary committee reveals an upcoming meeting with the Finance and Central Bank for this file" Quote: "...the Central Bank and the Ministry of Finance to discuss the fiscal deficit financing law," noting that "the meeting will deal with reducing the money ceiling within the law..." But, now...the CBI and PFC tell us the story. They are to discuss the deficit law next week. They tell us they are to deal with reducing the money ceiling. Well, if that doesn't make you smile... By raising the exchange rate data, they will be reducing the amount of debt. That is from the CBI...The horses mouth...Lets see what they do next week or in the coming hours even...
11-6-2020 Newshound Guru Pimpy talking with people behind the scenes about the Iraqi dinar in regards to this election. Sometimes you gotta take the bad news along with the good news. And I'm not just saying this because it's a political jab. That's not what it is...this is pure speculation but I can tell you this they're already concerned that a Biden Administration would prevent the Iraq's dinar from getting its revaluation for years...having said the bad let's talk about the good. Again, this is just speculation. This is just my opinion. If they really start to feel threatened that Biden is going to cause holy hell over there...don't be surprised if they don't pull the trigger before he takes office. Again that's my opinion...there's nothing behind that other than my opinion. But don't be surprised if that happens...
11-6-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS PREPARING TO RECEIVE DONOR COUNTRIES NEXT WEEK" Oh -- why are donor countries all of a sudden wanting to come in to Iraq now? Could they know something we don’t? Oh- but we do know it and it is coming to us soon…It’s called “reinstatement of the IQD on FOREX for trading (buying and selling) and not just a placeholder as it currently is.
11-6-2020 Intel Guru MarkZ [via PDK] On the RV front I have spoken with banking contacts…one contact got back in place yesterday…..the rest will be back in place over the weekend. Personally I am not looking for anything to happen for a few days while everything plays out. Trump NEEDS to Flip THE SWITCH NOW!!! Stay Calm everyone. We need to watch it play out.
11-6-2020 Intel Guru Footforward Article: "The Central Bank and international organizations discuss mechanisms to enhance financial inclusion" Quote: "The Cental Bank of Iraq announced the organization of a workshop to prepare a strategy for financial inclusion in Iraq in cooperation with the World Bank." And without an RV that would all be a giant waste of time.
11-6-2020 Newshound Guru Pimpy ...Yes there was another report out by Bloomberg - if they don't do something here soon Iraq is about to go bankrupt which is interesting considering all the new agreements that they have in their local neighborhood. The future looks very very bright for Iraq but they need to do something about the 'now'. Here's what they've done. Article: "A decisive agreement that solves the crisis...Passing the borrowing law and launching salaries next Monday" Thank God.
11-5-2020 Intel Guru MarkZ [via PDK] [Does this election have anything to do with the Iraqi revaluation?] No…these are 2 separate monkeys…quit panicking…We knew this was going to happen with this election…. and that there was going to be massive voter fraud…..stay calm and don’t panic…buckle up…this may take awhile…remember that we have a lot to look forward too!!
11-5-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK OPENS AN ACCOUNT WITH EUROCLEAR TO DEVELOP THE PERFORMANCE OF FOREIGN RESERVES FROM THE CBI SITE" We have waiting for this for a VERY long time. This article is telling us exactly Iraq needed to attract investors. FREE FLOW OF CAPITAL. Now this will replace the currency auctions sooner than later. Watch it all play out. We are in VERY GOOD shape to see the reinstatement VERY SOON! This is why getting the support of the EU and off their sanctions list was so important. Do you get the connection now?
11-5-2020 Newshound Guru Pimpy There are some concerns we need to talk about and get out in the open. No sense dragging it out. Let's rip off the bandage... Article: "A Biden victory would be a loss for Iraq" ...they're concerned about Biden announcing ahead of time that he's going to go ahead and enter once again into this Iranian nuclear deal...the talks (peace talks) were going smoothly but once the election happened and now people are starting to think that Biden might win, a lot of these nations are holding on and pulling back until they find out what goes on...this article goes on to talk about the history with Biden & Obama and how it screwed up the entire Middle East...
11-5-2020 Intel Guru MarkZ [via PDK] My banking contacts, paymasters and attorneys are starting to return to their locations this evening and tomorrow...News should start flowing over the next day or two. Iraqi news is still very positive…they are still educating their people on new bills, new banking reforms... They are the 4th wealthiest nation when you look at the oi they have, the gold and rare minerals...the 4th wealthiest nation on the earth and they are going to revalue!!!
11-5-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance: We will oblige the government to borrow internally after reducing the deficit in the public budget" ...Well right there they are talking a rate. A rate is a required number is it not? It sure is, imo...
11-5-2020 Intel Guru Frank26 ...the monetary reform of the Iraqi dinar and the country of Iraq has nothing to do with the elections of the United States of America with Biden and Trump. Nothing to do. Except that Trump allowed Iraq to get themselves in a position to lift the value of their currency and they're about to. Now do you think I'm going to cash out my dinars if Biden wins? No. He's going to steal all my money. 50% taxes.
11-5-2020 Newshound/Intel Guru Mnt Goat Article: "AL-RAFIDAIN LAUNCHES LUCRATIVE OFFERS FOR IRAQIS TO DEPOSIT THEIR MONEY IN THE BANK" Each time in the past, when the CBI was proven to try to do the “project to delete the zeros” they had to collect these larger 3 zero notes and call them into the banks. We know why and its because they don’t want a bunch of overnight billionaires in Iraq. We know this will lead to the reinstate the currency. But first this part must be accomplished. This is not just my opinion or thinking on this subject but the past history speaks for itself. Folks all this news is falling right into what I have been waiting for...there are 3 articles from different sources on this in Iraqi news. So this is IMPORTANT! When the CBI speaks, I listen!
11-5-2020 Intel Guru MarkZ [via PDK] We are looking at unrest in the US for the next few days. This could be an awesome opportunity for a reset. I am not afraid of how this will turn out. ...there is still great chatter out of Iraq. I am still told by my government and military contacts that under all this smoke over the next 10 days we will get a reset...The RV will happen…it is an inevitability.
11-5-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK OPENS AN ACCOUNT WITH EUROCLEAR TO DEVELOP THE PERFORMANCE OF FOREIGN RESERVES FROM THE CBI SITE" We have waiting for this for a VERY long time. This article is telling us exactly Iraq needed to attract investors. FREE FLOW OF CAPITAL. Now this will replace the currency auctions sooner than later. Watch it all play out. We are in VERY GOOD shape to see the reinstatement VERY SOON! This is why getting the support of the EU and off their sanctions list was so important. Do you get the connection now?
11-5-2020 Newshound Guru Pimpy There are some concerns we need to talk about and get out in the open. No sense dragging it out. Let's rip off the bandage... Article: "A Biden victory would be a loss for Iraq" ...they're concerned about Biden announcing ahead of time that he's going to go ahead and enter once again into this Iranian nuclear deal...the talks (peace talks) were going smoothly but once the election happened and now people are starting to think that Biden might win, a lot of these nations are holding on and pulling back until they find out what goes on...this article goes on to talk about the history with Biden & Obama and how it screwed up the entire Middle East...
11-5-2020 Intel Guru MarkZ [via PDK] My banking contacts, paymasters and attorneys are starting to return to their locations this evening and tomorrow...News should start flowing over the next day or two. Iraqi news is still very positive…they are still educating their people on new bills, new banking reforms... They are the 4th wealthiest nation when you look at the oi they have, the gold and rare minerals...the 4th wealthiest nation on the earth and they are going to revalue!!!
11-5-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance: We will oblige the government to borrow internally after reducing the deficit in the public budget" ...Well right there they are talking a rate. A rate is a required number is it not? It sure is, imo...
11-5-2020 Intel Guru Frank26 ...the monetary reform of the Iraqi dinar and the country of Iraq has nothing to do with the elections of the United States of America with Biden and Trump. Nothing to do. Except that Trump allowed Iraq to get themselves in a position to lift the value of their currency and they're about to. Now do you think I'm going to cash out my dinars if Biden wins? No. He's going to steal all my money. 50% taxes.
11-5-2020 Newshound/Intel Guru Mnt Goat Article: "AL-RAFIDAIN LAUNCHES LUCRATIVE OFFERS FOR IRAQIS TO DEPOSIT THEIR MONEY IN THE BANK" Each time in the past, when the CBI was proven to try to do the “project to delete the zeros” they had to collect these larger 3 zero notes and call them into the banks. We know why and its because they don’t want a bunch of overnight billionaires in Iraq. We know this will lead to the reinstate the currency. But first this part must be accomplished. This is not just my opinion or thinking on this subject but the past history speaks for itself. Folks all this news is falling right into what I have been waiting for...there are 3 articles from different sources on this in Iraqi news. So this is IMPORTANT! When the CBI speaks, I listen!
11-5-2020 Intel Guru MarkZ [via PDK] We are looking at unrest in the US for the next few days. This could be an awesome opportunity for a reset. I am not afraid of how this will turn out. ...there is still great chatter out of Iraq. I am still told by my government and military contacts that under all this smoke over the next 10 days we will get a reset...The RV will happen…it is an inevitability.
11-4-2020 Intel Guru Delta ...the Central Bank governor I'm telling you finally we have the right man. He's down to Earth and he's trying his best. Remember he told us we need to reform the banks and we need to make the currency stronger. Remember too that the article came out two weeks ago that said the 'white paper' was actually done by the help of the U.S. to help Iraq go International...
11-4-2020 Intel Frank26 ...we are in a position that Iraq is very clearly visible on an international level...How in the world can you be on an international level and not have lifted the value of your currency?
11-4-2020 Intel Guru Bruce [via WiserNow] ...our timing appears its going to be contingent upon the announcement of the election results...I have heard that once the votes are tallied – and I am going to hope this is referring to the Electoral College votes – ok - delegate votes - once those are tallied – 24 hours later we should be notified and start going into the banks... Probably the more likely scenario would be notifications Thursday and start on Thursday...if this intel holds out to be true...I have every reason to believe it could be very well be true...I know that Iraq who already had a rate... its an international rate – on the forex...it’s supposed to get a new rate I believe it’s going to be tomorrow [Wednesday] but could be Thursday – I don’t know what the new rate will be – but it all sounds good... I am excited about where we are – and what is happening...Thursday is in play – and no one that I’m talking to is going beyond Thursday...
11-4-2020 Newshound Guru Pimpy ...here in the United States there's a restriction on the currencies {Iraqi dinar]. You used to be able to go into Chase bank and other banks to buy...but they stopping selling for for now. Once whatever this is that happens happens obviously they'll remove the restrictions and allow the banks to do the exchange. When I talked to my bank manager which I'm at Wells Fargo and I asked him what do I do if this happens...He said it's real simple. Bring the currency into me. He said obviously if you have millions of dollars we're not going give you millions of dollars to walk out with a shopping cart. It doesn't work that way. We would have a set appointment so they can order that amount of money. I said ok. He says if you're just depositing into your bank account, bring in the money, we validate that it's real. I'll tell you what the exchange rate is and how much money is going into your bank. If you agree we charge you like 1% or 1.5% fee. He said it just that simple and I said wow ok...
11-4-2020 Newshound Guru Adam Montana That may be why we aren't seeing any actual news about Iraq's currency as it directly relates to the US presidential election... because no matter how this goes, they still have the support of the US and regardless of how things turn out, we have a few months where they are in a great position, with global support, and they can flip that switch with no substantial resistance from one of the most influential and powerful nations in the world - the USA. With all that said...my suggestion is simple. Hang tight, wait for the official RV announcement...GOOOO RRRRRVVV!!! [post 2 of 2]
11-4-2020 Newshound Guru Adam Montana I'm sure a lot of gossip and speculation surrounding the elections will be affecting the Dinar world. If Trump is going to stay in the White House, Iraq certainly has a good reason to count on support from the US in their revalue (increase) of their currency. If Trump will not be staying in the Oval Office, he could make one of his last plays a major push to help Iraq in any way they want. No matter what, President Trump still has an influence on foreign affairs, policy, and support for Iraq until at least January 19th 2021. And we know he won't be doing anything to hinder Iraq in an RV. [post 1 of 2....stay tuned]
11-4-2020 Newshound Guru Jeff Article: "The agenda of the parliament session for next Saturday and begins with a bill to finance the fiscal deficit" Next Saturday (November 7th) they're doing the second reading of the borrowing law. Remember there is nothing else left. This is the last item we're waiting on. We're not waiting on a budget or anything. We're waiting for one last thing. This ...So they will be doing the 3rd reading on the borrowing law Saturday November 21st...Don't forget they can change the rate any time when they finish this law...this is huge.
11-4-2020 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF FINANCE ANNOUNCES THE DATE OF PAYMENT OF SALARIES" So how can Iraq all of a sudden arrange short term loans to pay for the salaries for the rest of the year? Could it be that their currency is about to go global?
11-4-2020 Newshound Guru MilitiaMan Article: "Iraq is preparing to receive donor countries next week" Quote: "...the ninth of this month will witness the presence of donor countries to support and finance projects..." Looks like they know something... Monday next, donor countries are coming into support and finance projects... Well wouldn't that mean they are coming in as an international IMF Article 8 compliant countries. Surely they are not going to show up and finance in the trillions of Dinars. As that is not an article 8 compliant rate now is it?
11-4-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ: REVENUE DIVERSIFICATION CONTRIBUTES TO THE ACTIVATION OF THE PRIVATE SECTOR" This article should be nothing new to us. This is all over in the White Paper. Diversify, diversify, diversify! This revenue alone will surpass or at least rival the oil revenue. Imagine how rich Iraq is going to be if they can get the employee salaries (even 50%) also moved over to the private sector? That’s reserves that will amount to about 2.5 Billion a month. Rich! Rich!, Rich! Right now, they are the 4th riches country in the world. Oh – and you have some of their currency? Oh – and you bought it for less than a penny on a dollar…SMART!
11-4-2020 Intel Frank26 ...we are in a position that Iraq is very clearly visible on an international level...How in the world can you be on an international level and not have lifted the value of your currency?
11-4-2020 Intel Guru Bruce [via WiserNow] ...our timing appears its going to be contingent upon the announcement of the election results...I have heard that once the votes are tallied – and I am going to hope this is referring to the Electoral College votes – ok - delegate votes - once those are tallied – 24 hours later we should be notified and start going into the banks... Probably the more likely scenario would be notifications Thursday and start on Thursday...if this intel holds out to be true...I have every reason to believe it could be very well be true...I know that Iraq who already had a rate... its an international rate – on the forex...it’s supposed to get a new rate I believe it’s going to be tomorrow [Wednesday] but could be Thursday – I don’t know what the new rate will be – but it all sounds good... I am excited about where we are – and what is happening...Thursday is in play – and no one that I’m talking to is going beyond Thursday...
11-4-2020 Newshound Guru Pimpy ...here in the United States there's a restriction on the currencies {Iraqi dinar]. You used to be able to go into Chase bank and other banks to buy...but they stopping selling for for now. Once whatever this is that happens happens obviously they'll remove the restrictions and allow the banks to do the exchange. When I talked to my bank manager which I'm at Wells Fargo and I asked him what do I do if this happens...He said it's real simple. Bring the currency into me. He said obviously if you have millions of dollars we're not going give you millions of dollars to walk out with a shopping cart. It doesn't work that way. We would have a set appointment so they can order that amount of money. I said ok. He says if you're just depositing into your bank account, bring in the money, we validate that it's real. I'll tell you what the exchange rate is and how much money is going into your bank. If you agree we charge you like 1% or 1.5% fee. He said it just that simple and I said wow ok...
11-4-2020 Newshound Guru Adam Montana That may be why we aren't seeing any actual news about Iraq's currency as it directly relates to the US presidential election... because no matter how this goes, they still have the support of the US and regardless of how things turn out, we have a few months where they are in a great position, with global support, and they can flip that switch with no substantial resistance from one of the most influential and powerful nations in the world - the USA. With all that said...my suggestion is simple. Hang tight, wait for the official RV announcement...GOOOO RRRRRVVV!!! [post 2 of 2]
11-4-2020 Newshound Guru Adam Montana I'm sure a lot of gossip and speculation surrounding the elections will be affecting the Dinar world. If Trump is going to stay in the White House, Iraq certainly has a good reason to count on support from the US in their revalue (increase) of their currency. If Trump will not be staying in the Oval Office, he could make one of his last plays a major push to help Iraq in any way they want. No matter what, President Trump still has an influence on foreign affairs, policy, and support for Iraq until at least January 19th 2021. And we know he won't be doing anything to hinder Iraq in an RV. [post 1 of 2....stay tuned]
11-4-2020 Newshound Guru Jeff Article: "The agenda of the parliament session for next Saturday and begins with a bill to finance the fiscal deficit" Next Saturday (November 7th) they're doing the second reading of the borrowing law. Remember there is nothing else left. This is the last item we're waiting on. We're not waiting on a budget or anything. We're waiting for one last thing. This ...So they will be doing the 3rd reading on the borrowing law Saturday November 21st...Don't forget they can change the rate any time when they finish this law...this is huge.
11-4-2020 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF FINANCE ANNOUNCES THE DATE OF PAYMENT OF SALARIES" So how can Iraq all of a sudden arrange short term loans to pay for the salaries for the rest of the year? Could it be that their currency is about to go global?
11-4-2020 Newshound Guru MilitiaMan Article: "Iraq is preparing to receive donor countries next week" Quote: "...the ninth of this month will witness the presence of donor countries to support and finance projects..." Looks like they know something... Monday next, donor countries are coming into support and finance projects... Well wouldn't that mean they are coming in as an international IMF Article 8 compliant countries. Surely they are not going to show up and finance in the trillions of Dinars. As that is not an article 8 compliant rate now is it?
11-4-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ: REVENUE DIVERSIFICATION CONTRIBUTES TO THE ACTIVATION OF THE PRIVATE SECTOR" This article should be nothing new to us. This is all over in the White Paper. Diversify, diversify, diversify! This revenue alone will surpass or at least rival the oil revenue. Imagine how rich Iraq is going to be if they can get the employee salaries (even 50%) also moved over to the private sector? That’s reserves that will amount to about 2.5 Billion a month. Rich! Rich!, Rich! Right now, they are the 4th riches country in the world. Oh – and you have some of their currency? Oh – and you bought it for less than a penny on a dollar…SMART!
*** DINAR GURU Community Reminder *** Today Is Vote Day In The U.S. Presidents, U.S Representatives & Senators are on the ballot. We know what each Presidential candidate is going to do if elected. That is not a mystery. Everyone agrees. They each have records to go by. It's been decades since the lines of difference between the candidates have been this clear. There's pros and cons to each: Mass Lock-downs vs Personal Responsibility | Closed economy vs. Open economy | Higher taxes vs Lower taxes | Nice Guy vs Crude But Fair Guy. An added issue for the dinar community: Who's going to be better for the Middle East, Iraq and the Iraqi dinar? Both men have records in the region. Whoever is the next president will determine the fate of the dinar. You have to decide who will help and who will hurt the chances of an RV. Now get your butt to the polls and cast your vote! Today is your last chance to be part of history. The latest guru posts will continue below...
*** Election Night Update *** As the polls close across the nation, excitement shoots through the roof. We all feel a lot is at stake. I can feel the anxiety rise too. If your candidate wins, be humble. If your candidate does not win take your time and breathe. The country will adjust and move forward. Remember it's only temporary. We'll do it all over again in 4 years. Regardless, be kind to your fellow Americans. Having differences of perspective is what makes our democratic republic possible. Differences are what makes this crazy country strong. Best of luck! The latest Guru post will continue below...
*** Election Night Update *** As the polls close across the nation, excitement shoots through the roof. We all feel a lot is at stake. I can feel the anxiety rise too. If your candidate wins, be humble. If your candidate does not win take your time and breathe. The country will adjust and move forward. Remember it's only temporary. We'll do it all over again in 4 years. Regardless, be kind to your fellow Americans. Having differences of perspective is what makes our democratic republic possible. Differences are what makes this crazy country strong. Best of luck! The latest Guru post will continue below...
11-3-2020 Newshound Guru Pimpy ...IMO...the Iraqi dinar rate change needs to happen in order to help Iraq...whatever is happening with the Iraqi dinar, whatever this event is this currency plays a huge role in it. I can't help but feel like whatever this role is it's also possibly tied into all these peace agreements that are happening all over the Middle East. That's my opinion. It's pure speculation.
11-3-2020 Newshound/Intel Guru Petra it's been a revolving door in Iraq with multiple countries coming in and out signing memorandums of understanding. Signing deals and all that stuff I got to believe a performance clause which states that this contract will be engaged once the rate is established...
11-3-2020 Newshound/Intel Guru Mnt Goat So once again, in less than a month, the flood gates opened pouring out VERY GOOD news? WOW! Iraq adopted the White Paper last month of October 2020 for Economic Reform. There is no need for a vote in parliament. It is done! All this news today points in only one direction – Iraq is setting themselves up for international trade and to use their dinar. They are going to make their dinar very valuable once again as in the past. Oh – don’t forget the WTO is meeting with Iraq delegation again in early November (...this month!). Remember they said they were going to “fast-track” Iraq into the WTO. WOW! ...Iraq is moving to completing the project to delete the zeros VERY SOON and this leads to the reinstatement of the IQD...If you like to dance you may start now because this news today is dance worthy… I am dancing now…lol...
11-3-2020 Intel Guru MarkZ [via PDK] Quiet in the banking world…but a lot of chatter from my different government contacts as they expect within 10 days from tomorrow we will finally have a reset...i am hoping this is accurate…we are all so ready for this this craziness to be over...the chatter is really solid…that no matter who wins today we will finally get the reset…my sources in Iraq are very upbeat that once we get through this circus and distractions that we will be good to go…again based on government sources…they are looking for the reset anytime during the next 10 days.
11-3-2020 Intel Guru Delta ...the U.S. they did devalue the Iraqi dinar and they are the one to bring it back again. Of course it has to be the right time and the right people in place...it's obvious to all of us right now, it's crystal clear, that all the action taken by the Central Bank of Iraq...they are about to come out with a rate now...my personal opinion...once the election is over...everything is going to break lose as far as the Iraqi dinar...
11-3-2020 Intel Guru Frank26 ...and then Rafidain banking is offering to us special awards to open accounts at their bank giving citizens interest on accounts as financial reward for opening accounts and they're telling us stop hoarding the dinar at home. Bring it in." Bring in the three zeros...it's down to three weeks or less...the government of Iraq is in a hurry now to have the CBI show the new exchange rate internationally because of Donald Trump. Not only for the HCL. Not only for the retirees. Not only for the salaries. But for you a citizen of Iraq. You are about to be a currency hub of the Middle East. A powerhouse. One to one with the United States of America currency... [Post 2 of 2]
11-3-2020 Intel Guru Frank26 [Text from Firefly boots on the ground Iraqi citizen in Iraq] "Mr. Frank on Iraqi television news today is saying the United States of America has helped Iraq with building and supporting the currency of Iraq so that Iraq will be accepted throughout the world and makes our currency even stronger. Saying the Central Bank of Iraq and the United States of America have worked together and the United States of America has been the major reason why our currency will be world widely acceptable and stable...Parliament Financing is also announcing on Iraqi television that they are stopping all pay for the month until further notice... [Post 1 of 2...stay tuned]
11-3-2020 Intel Guru MarkZ [via PDK] [How can some people say there is no redemption centers when you know people that are at them?] just ignore the entire concept that are “No Redemption centers”. I know people that work at 3 of them…in real life…in many areas banks may be acting as redemption centers.
11-3-2020 Intel Guru Footforward [So looks like [Guru] Frank is saying he looks for the rate to be at least $3.86 not to bad and it could go up from there.] That 3.86 is not a new figure from him either. That's in a range I believe is very possible in my opinion.
11-3-2020 Newshound/Intel Guru Petra it's been a revolving door in Iraq with multiple countries coming in and out signing memorandums of understanding. Signing deals and all that stuff I got to believe a performance clause which states that this contract will be engaged once the rate is established...
11-3-2020 Newshound/Intel Guru Mnt Goat So once again, in less than a month, the flood gates opened pouring out VERY GOOD news? WOW! Iraq adopted the White Paper last month of October 2020 for Economic Reform. There is no need for a vote in parliament. It is done! All this news today points in only one direction – Iraq is setting themselves up for international trade and to use their dinar. They are going to make their dinar very valuable once again as in the past. Oh – don’t forget the WTO is meeting with Iraq delegation again in early November (...this month!). Remember they said they were going to “fast-track” Iraq into the WTO. WOW! ...Iraq is moving to completing the project to delete the zeros VERY SOON and this leads to the reinstatement of the IQD...If you like to dance you may start now because this news today is dance worthy… I am dancing now…lol...
11-3-2020 Intel Guru MarkZ [via PDK] Quiet in the banking world…but a lot of chatter from my different government contacts as they expect within 10 days from tomorrow we will finally have a reset...i am hoping this is accurate…we are all so ready for this this craziness to be over...the chatter is really solid…that no matter who wins today we will finally get the reset…my sources in Iraq are very upbeat that once we get through this circus and distractions that we will be good to go…again based on government sources…they are looking for the reset anytime during the next 10 days.
11-3-2020 Intel Guru Delta ...the U.S. they did devalue the Iraqi dinar and they are the one to bring it back again. Of course it has to be the right time and the right people in place...it's obvious to all of us right now, it's crystal clear, that all the action taken by the Central Bank of Iraq...they are about to come out with a rate now...my personal opinion...once the election is over...everything is going to break lose as far as the Iraqi dinar...
11-3-2020 Intel Guru Frank26 ...and then Rafidain banking is offering to us special awards to open accounts at their bank giving citizens interest on accounts as financial reward for opening accounts and they're telling us stop hoarding the dinar at home. Bring it in." Bring in the three zeros...it's down to three weeks or less...the government of Iraq is in a hurry now to have the CBI show the new exchange rate internationally because of Donald Trump. Not only for the HCL. Not only for the retirees. Not only for the salaries. But for you a citizen of Iraq. You are about to be a currency hub of the Middle East. A powerhouse. One to one with the United States of America currency... [Post 2 of 2]
11-3-2020 Intel Guru Frank26 [Text from Firefly boots on the ground Iraqi citizen in Iraq] "Mr. Frank on Iraqi television news today is saying the United States of America has helped Iraq with building and supporting the currency of Iraq so that Iraq will be accepted throughout the world and makes our currency even stronger. Saying the Central Bank of Iraq and the United States of America have worked together and the United States of America has been the major reason why our currency will be world widely acceptable and stable...Parliament Financing is also announcing on Iraqi television that they are stopping all pay for the month until further notice... [Post 1 of 2...stay tuned]
11-3-2020 Intel Guru MarkZ [via PDK] [How can some people say there is no redemption centers when you know people that are at them?] just ignore the entire concept that are “No Redemption centers”. I know people that work at 3 of them…in real life…in many areas banks may be acting as redemption centers.
11-3-2020 Intel Guru Footforward [So looks like [Guru] Frank is saying he looks for the rate to be at least $3.86 not to bad and it could go up from there.] That 3.86 is not a new figure from him either. That's in a range I believe is very possible in my opinion.
11-2-2020 Newshound Guru Pimpy Something is going on and I can't quite put my finger on it...over the last two weeks or so I'm paying attention to what's going on with currencies. On the back side of things there's a lot of talk. There's always a lot of talk. What gets me is this. There is a lot of movement involved in the IQD...there is a lot a lot of movement between countries and central banks...that's probably an understatement. There's a LARGE amounts of IQD being moved around. We're not exactly sure what's going on and I don't want to jump to conclusions but whatever this event is that's happening, Whatever people are getting prepared for...the IQD seems to be playing a pretty damn big role in whatever this is...nobody has been able to figure out exactly what the hell is going on with the IQD and why these central banks and other entities are making such a huge move on the currency. For a currency that supposedly has no value...
11-2-2020 Intel Guru MarkZ [via PDK] What a time to be alive. Buckle up everyone. Looks like a crazy week ahead! Hearing some interesting stuff…I think we are stinking close according to what we are being told and what we are hearing from world news, events, countries, treasuries, Central banks talking about the reset... [How close is “Close”] Mr. C [Guru Mike Cottrell] is saying anywhere from Nov. 4th to Dec. 31st…most of the chatter I hear points to the next 2 weeks or so.
11-2-2020 Intel Guru Delta Article: "The Central Bank opens an account with Euroclear to develop the performance of foreign reserves" Quote: "This step is important in the work of the Central Bank of Iraq, as it simulates international practices in the process of investing foreign reserves..." AWESOME NEWS... AMAZING...CBI GETTING READY TO GO INTERNATIONAL AND OPEN MARKET ECONOMY...
11-2-2020 Newshound Guru MilitiaMan Article: "Finance Minister: The salaries of the employees will be paid within two or three weeks" Quote: "He pointed out that the salaries of employees for the month of last October will be paid, perhaps within two or three weeks, in the event that the borrowing law is not approved, but in the event of voting on it, it will be launched directly." There you have it. They are confirming that the salaries have a time frame to be paid. It all hinges on the rate at which to pay them, imo. Take note that they are saying that if the borrowing law is passed they will be paid directly. If not and it is not passed they have an auto pay scenario of within two to three weeks. ...they have given us a time frame. There words not mine.. Huge...The rate has to be exposed to vote on the law and then that can pay the salaries, in that order. imo.
11-2-2020 Intel Guru MarkZ [via PDK] Still hearing positive things from the Iraq side. I am told there are one or two key things they would like to pass in preparation …rubber stamp things…I do have a couple bankers who told me they have been asked to return to be in place on Thursday of this week. Hoping that gives us a “timing” idea. They do not have an international rate out yet…nothing has changed…yet. I have that from a contact in Iraq 45 minutes ago [Monday morning].
11-2-2020 Newshound Guru Kaperoni ...the central bank has to follow strict monetary policies. Any growth of the Iraqi dinar will be based on the success of Iraq's economy.
11-2-2020 Austin-Powers-For-PM Article: "A Source Confirms: The Continuation Of The Suspension Of Employee Salaries For 10 Months" Quote: "An official source in the Ministry of Finance stated, on Sunday, that instructions were issued not to disburse any check for salaries of state departments." Bingo! We have finally hit the Schwerpunkt of this whole process. They are forcing action instead of promising that the salaries will be "Next week." The article basically was telling the citizens "You ain't getting paid." Nobody in their right mind would put that article out under normal circumstances. It would lead to rioting. It also broke a pattern, which means it needs to be replaced with another pattern. They are telling the citizens, in an indirect way, they are going to get paid electronically and that everything is about to change. There is no going back.
11-1-2020 Newshound Guru Vic [Welcome back...long time no see] ...I've been in the background watching...I Always said and many can agree that through the years, I always reminded many that Brexit and Basel lll are important measures to keep on eye's on.
11-1-2020 Newshound Guru Jeff ...Saturday of last weekend they did the first reading of the borrowing law. They average about a week and a half between each reading...they are on track to have the borrowing law done middle of November ... that's the last thing we're waiting on so they can change the rate anytime after they finish the borrowing law...watch the borrowing law...
11-2-2020 Intel Guru MarkZ [via PDK] What a time to be alive. Buckle up everyone. Looks like a crazy week ahead! Hearing some interesting stuff…I think we are stinking close according to what we are being told and what we are hearing from world news, events, countries, treasuries, Central banks talking about the reset... [How close is “Close”] Mr. C [Guru Mike Cottrell] is saying anywhere from Nov. 4th to Dec. 31st…most of the chatter I hear points to the next 2 weeks or so.
11-2-2020 Intel Guru Delta Article: "The Central Bank opens an account with Euroclear to develop the performance of foreign reserves" Quote: "This step is important in the work of the Central Bank of Iraq, as it simulates international practices in the process of investing foreign reserves..." AWESOME NEWS... AMAZING...CBI GETTING READY TO GO INTERNATIONAL AND OPEN MARKET ECONOMY...
11-2-2020 Newshound Guru MilitiaMan Article: "Finance Minister: The salaries of the employees will be paid within two or three weeks" Quote: "He pointed out that the salaries of employees for the month of last October will be paid, perhaps within two or three weeks, in the event that the borrowing law is not approved, but in the event of voting on it, it will be launched directly." There you have it. They are confirming that the salaries have a time frame to be paid. It all hinges on the rate at which to pay them, imo. Take note that they are saying that if the borrowing law is passed they will be paid directly. If not and it is not passed they have an auto pay scenario of within two to three weeks. ...they have given us a time frame. There words not mine.. Huge...The rate has to be exposed to vote on the law and then that can pay the salaries, in that order. imo.
11-2-2020 Intel Guru MarkZ [via PDK] Still hearing positive things from the Iraq side. I am told there are one or two key things they would like to pass in preparation …rubber stamp things…I do have a couple bankers who told me they have been asked to return to be in place on Thursday of this week. Hoping that gives us a “timing” idea. They do not have an international rate out yet…nothing has changed…yet. I have that from a contact in Iraq 45 minutes ago [Monday morning].
11-2-2020 Newshound Guru Kaperoni ...the central bank has to follow strict monetary policies. Any growth of the Iraqi dinar will be based on the success of Iraq's economy.
11-2-2020 Austin-Powers-For-PM Article: "A Source Confirms: The Continuation Of The Suspension Of Employee Salaries For 10 Months" Quote: "An official source in the Ministry of Finance stated, on Sunday, that instructions were issued not to disburse any check for salaries of state departments." Bingo! We have finally hit the Schwerpunkt of this whole process. They are forcing action instead of promising that the salaries will be "Next week." The article basically was telling the citizens "You ain't getting paid." Nobody in their right mind would put that article out under normal circumstances. It would lead to rioting. It also broke a pattern, which means it needs to be replaced with another pattern. They are telling the citizens, in an indirect way, they are going to get paid electronically and that everything is about to change. There is no going back.
11-1-2020 Newshound Guru Vic [Welcome back...long time no see] ...I've been in the background watching...I Always said and many can agree that through the years, I always reminded many that Brexit and Basel lll are important measures to keep on eye's on.
11-1-2020 Newshound Guru Jeff ...Saturday of last weekend they did the first reading of the borrowing law. They average about a week and a half between each reading...they are on track to have the borrowing law done middle of November ... that's the last thing we're waiting on so they can change the rate anytime after they finish the borrowing law...watch the borrowing law...
10-31-2020 Intel Guru Delta ...THEY DID REPORT IN IRAQIA TV THAT WHITE PAPER WAS DONE BY US...AND THEY SAID BY US HELPING IRAQ WILL MAKE INTERNATIONAL COMMUNITY SUPPORT IRAQ…SO AS WE TOLD YOU IN THE PAST THE US DEVALUE THE IQD AND THEY WILL RI BACK FOR IRAQ…CBI TOLD US VIA NEW GOV...HE IS GOING TO MAKE NATIONAL CURRENCY STRONGER.
10-31-2020 Newshound Guru Kaperoni The recently-announced White Papers is a good step in the right direction but all it is is ink on paper. Iraq ...needs to make changes...until that happens nothing will change.
10-31-2020 Newshound Guru Pimpy ...on the back end of thing right now there is a lot of chatter. I mean it's increased...large amounts of IQD have been moving to a lot of different central banks and into a lot of different countries. That's not a secret...what we can't figure out is why. There seems to be some kind of deadline on all these things for some reason. The deadline is in the month of November. What's that means? I don't know. But there's a lot of rumors. I try to avoid rumors because I don't want to talk about anything that I can't prove. But I will at least let you know that is out there and even people I know that deal in the IQD are purchasing personally IQD themselves. It kind of makes me wonder. I don't know what they know. Either they know and they're just not sharing or they don't know and they're just preparing just in case...a lot of changes coming real quick...
10-31-2020 Newshound/Intel Guru Mnt Goat ...reinstating the IQD on FOREX is exactly what we wait for but it has not happened as of yet. This can not yet happen until the OFAC sanctions are lifted. The banks simply will not touch the IQD until this happens...
10-31-2020 Intel Guru Delta Article: "Central Bank of Iraq launches electronic platform for letters of guarantee" WHEN CBI TALK WE LISTEN…VERY IMPORTANT STEP...BEFORE GOING GLOBAL...IMO…THEY ALSO HAVE AN INSTRUCTION VIDEO FROM CBI ON HOW TO USE IT.
10-31-2020 Newshound Guru Kaperoni Recently the central bank has limited the daily currency auctions which is affected the spread. It is reported at over 1250 to $1. This is around 5% which is out of compliance with the IMF requirements... Iraq must maintain stability within 2% or less in order to meet compliance and transition out of IMF Article XIV to VIII...Iraq must get their spread in compliance and hold it for at least 90 days before the IMF would consider allowing them to exit Article XIV. [NOTE: You can always see the latest reported CBI Official & Market Iraqi dinar rate in the left column of this page]
10-31-2020 Intel Guru Footforward ...I've insisted for a long time the rate can't be $1. Not to mention that one to one is not really a reinstatement. $3.22 is a reinstatement. I...have info from a source I trust. Alot.
10-31-2020 Newshound/Intel Guru Mnt Goat ...We still may be on course for an early January 2021 release of the reinstatement. But again, I am telling everyone we still need to see more positive news from the Central Bank on this matter. We have gotten a lot of good news about meetings they have had on what to do to try to resolve the financial crisis. These meetings included much talk on alternatives of what to do with the dinar. Some wanted to put in on a float, devalue it, print more currency, so on and so forth...
10-31-2020 Newshound Guru Kaperoni The recently-announced White Papers is a good step in the right direction but all it is is ink on paper. Iraq ...needs to make changes...until that happens nothing will change.
10-31-2020 Newshound Guru Pimpy ...on the back end of thing right now there is a lot of chatter. I mean it's increased...large amounts of IQD have been moving to a lot of different central banks and into a lot of different countries. That's not a secret...what we can't figure out is why. There seems to be some kind of deadline on all these things for some reason. The deadline is in the month of November. What's that means? I don't know. But there's a lot of rumors. I try to avoid rumors because I don't want to talk about anything that I can't prove. But I will at least let you know that is out there and even people I know that deal in the IQD are purchasing personally IQD themselves. It kind of makes me wonder. I don't know what they know. Either they know and they're just not sharing or they don't know and they're just preparing just in case...a lot of changes coming real quick...
10-31-2020 Newshound/Intel Guru Mnt Goat ...reinstating the IQD on FOREX is exactly what we wait for but it has not happened as of yet. This can not yet happen until the OFAC sanctions are lifted. The banks simply will not touch the IQD until this happens...
10-31-2020 Intel Guru Delta Article: "Central Bank of Iraq launches electronic platform for letters of guarantee" WHEN CBI TALK WE LISTEN…VERY IMPORTANT STEP...BEFORE GOING GLOBAL...IMO…THEY ALSO HAVE AN INSTRUCTION VIDEO FROM CBI ON HOW TO USE IT.
10-31-2020 Newshound Guru Kaperoni Recently the central bank has limited the daily currency auctions which is affected the spread. It is reported at over 1250 to $1. This is around 5% which is out of compliance with the IMF requirements... Iraq must maintain stability within 2% or less in order to meet compliance and transition out of IMF Article XIV to VIII...Iraq must get their spread in compliance and hold it for at least 90 days before the IMF would consider allowing them to exit Article XIV. [NOTE: You can always see the latest reported CBI Official & Market Iraqi dinar rate in the left column of this page]
10-31-2020 Intel Guru Footforward ...I've insisted for a long time the rate can't be $1. Not to mention that one to one is not really a reinstatement. $3.22 is a reinstatement. I...have info from a source I trust. Alot.
10-31-2020 Newshound/Intel Guru Mnt Goat ...We still may be on course for an early January 2021 release of the reinstatement. But again, I am telling everyone we still need to see more positive news from the Central Bank on this matter. We have gotten a lot of good news about meetings they have had on what to do to try to resolve the financial crisis. These meetings included much talk on alternatives of what to do with the dinar. Some wanted to put in on a float, devalue it, print more currency, so on and so forth...
10-30-2020 Newshound Guru MilitiaMan Article: "The Egyptian Prime Minister arrives in Baghdad tomorrow to sign "important agreements" ...sounds to be like there has or will be energy deals plus much more that require hard currency with strength to it. The IQD at the moment as we know is at a program rate, that doesn't fit the mold. Is that about to change, the citizens surely think so. I see this meeting as very timely and very well placed...Imo We are in a very good place...Imo.
10-30-2020 Intel Guru Bruce [via WiserNow] ...we heard that Iraq needed to get a rate out there on the forex – they needed to get the dinar – the newer Iraqi Dinar up and it was put out on forex...Tuesday night...and that is really good – and we have some idea of the rate – not the exact rate but some idea and it’s highly favorable and it’s about in that range that Dr Shabibi said that it would support way back when he spoke to the International Chamber of Commerce...I think the President has expressed – some have heard this from other sources – that he wants this to be done before the election...the problem with this as you know – it’s like shooting at a moving target because things do change hour by hour day by day – and just when we think we’re ready and set to go – oh – something else needs to be done...I am going to suggest that we are all in position to move forward...
10-30-2020 Intel Guru Delta THESE ARE MESSAGES FROM IRAQI SOCIAL MEDIA TO THE NEW CBI GOV... "We hope that the value of Iraqi cash will be strengthened and that we can eliminate the zeros and return in a strong currency not necessarily at its previous value..."; "Once the zeros are removed from the local currency, poverty and debt will be eliminated and the mortgage stake is lifted. Then the value of the Iraqi dinar will return to the equivalent of $3.3778 as in 1971 and 1973..."; "with a return to the circulation of small coins, such as the rest of the countries, to preserve people's rights to buy and sell..." THAT WAS JUST A FEW FROM THOUSANDS OF MESSAGES TO NEW CBI GOV...ALL ASKING THE SAME...RAISE THE VALUE AND COME OUT WITH NEW LDS...OVER A WEEK OR SO AND IT'S NOT STOPPING…THEY WANT THE CBI TO TAKE THEM BACK TO 3.22…
10-30-2020 Newshound Guru Pimpy ...the rumor mill is going crazy. Not out there in the dinar community. Not out there on youtube. I'm talking about in private there's a lot of rumors going...the rumors that I'm hearing right now are just rumors. They're positive rumors and I'm not going to get into a lot of detail...I know you guys are going 'What are the rumors'? Just trust me. They're just rumors that are being spoken about behind the scenes and if If IF all is right then the end of this year should be very interesting in regards to the Iraqi dinar. I don't want to mislead people...as far as I'm concerned without no proof without nothing I can refer to it's just BS but again it's exciting to hear but we'll see. This election is bigger than people think.
10-30-2020 Intel Guru MarkZ [via PDK] There is still no news on the banking front...I am not seeing any movement on the RV front. IMO it would be a perfect time to hide the RV…in plain sight…and especially while things are shut down.
10-30-2020 Intel Guru Frank26 ...they sent the Iraqi dinar all over the world and you didn't believe me. But many central banks around the world got Iraqi dinars. Especially the ones in the Middle East...the Middle Eastern basket is going to have 9 countries in it because of the 9 Peace Accords. They're going to get first take...
10-30-2020 Newshound/Intel Guru Mnt Goat ...I have talked to by CBI contact in Iraq. I am told the reinstatement is coming and that it is part of the currency reforms they want to put forward. It is taking so long to do it because they need the permission of the US to do it properly. The CBI is ready! They will not go ahead with the project to delete the zeros until the IMF & the US gives them the “green light”. Then this will start the process. It is going on November already and so if they still plan to reinstate in January 2021 they better get going very soon on the PROJECT TO DELETE THE ZEROS or this is going to be delayed once again...
10-30-2020 Intel Guru Bruce [via WiserNow] ...we heard that Iraq needed to get a rate out there on the forex – they needed to get the dinar – the newer Iraqi Dinar up and it was put out on forex...Tuesday night...and that is really good – and we have some idea of the rate – not the exact rate but some idea and it’s highly favorable and it’s about in that range that Dr Shabibi said that it would support way back when he spoke to the International Chamber of Commerce...I think the President has expressed – some have heard this from other sources – that he wants this to be done before the election...the problem with this as you know – it’s like shooting at a moving target because things do change hour by hour day by day – and just when we think we’re ready and set to go – oh – something else needs to be done...I am going to suggest that we are all in position to move forward...
10-30-2020 Intel Guru Delta THESE ARE MESSAGES FROM IRAQI SOCIAL MEDIA TO THE NEW CBI GOV... "We hope that the value of Iraqi cash will be strengthened and that we can eliminate the zeros and return in a strong currency not necessarily at its previous value..."; "Once the zeros are removed from the local currency, poverty and debt will be eliminated and the mortgage stake is lifted. Then the value of the Iraqi dinar will return to the equivalent of $3.3778 as in 1971 and 1973..."; "with a return to the circulation of small coins, such as the rest of the countries, to preserve people's rights to buy and sell..." THAT WAS JUST A FEW FROM THOUSANDS OF MESSAGES TO NEW CBI GOV...ALL ASKING THE SAME...RAISE THE VALUE AND COME OUT WITH NEW LDS...OVER A WEEK OR SO AND IT'S NOT STOPPING…THEY WANT THE CBI TO TAKE THEM BACK TO 3.22…
10-30-2020 Newshound Guru Pimpy ...the rumor mill is going crazy. Not out there in the dinar community. Not out there on youtube. I'm talking about in private there's a lot of rumors going...the rumors that I'm hearing right now are just rumors. They're positive rumors and I'm not going to get into a lot of detail...I know you guys are going 'What are the rumors'? Just trust me. They're just rumors that are being spoken about behind the scenes and if If IF all is right then the end of this year should be very interesting in regards to the Iraqi dinar. I don't want to mislead people...as far as I'm concerned without no proof without nothing I can refer to it's just BS but again it's exciting to hear but we'll see. This election is bigger than people think.
10-30-2020 Intel Guru MarkZ [via PDK] There is still no news on the banking front...I am not seeing any movement on the RV front. IMO it would be a perfect time to hide the RV…in plain sight…and especially while things are shut down.
10-30-2020 Intel Guru Frank26 ...they sent the Iraqi dinar all over the world and you didn't believe me. But many central banks around the world got Iraqi dinars. Especially the ones in the Middle East...the Middle Eastern basket is going to have 9 countries in it because of the 9 Peace Accords. They're going to get first take...
10-30-2020 Newshound/Intel Guru Mnt Goat ...I have talked to by CBI contact in Iraq. I am told the reinstatement is coming and that it is part of the currency reforms they want to put forward. It is taking so long to do it because they need the permission of the US to do it properly. The CBI is ready! They will not go ahead with the project to delete the zeros until the IMF & the US gives them the “green light”. Then this will start the process. It is going on November already and so if they still plan to reinstate in January 2021 they better get going very soon on the PROJECT TO DELETE THE ZEROS or this is going to be delayed once again...
10-29-2020 Intel Guru Frank26 ...Wow wow wow wow...they are about to show IMO that Iraqi dinar the new currency to the Iraqi citizens and the exchange rate. And it's pretty obvious that's what's going on. There's not denial from one of the experts that was involved with the monetary reform - Salam Sumaisem...
10-29-2020 Intel Guru MarkZ [via PDK] So there is no money movement anywhere and my banking contacts are heading home because they do not want to travel next week in case there is unrest. I am just hopeful that during this confusion while everyone is throwing in the towel for a week or two…that this would be the perfect time to pull it off. I am hopeful we will get a surprise…no one knows the timing...the folks in Iraq are still extremely positive that we are in the end days of this RV. So hang tight and don’t let this discourage you. It is still a “when” not an “if”...now would be a good time to do it…when people least expect it…
12-29-2020 Newshound Guru Adam Montana Iraq is moving at a brisk pace right now. We are seeing things we have never seen before. They are accomplishing things that many said would never happen. I think they are going to shock the world soon.
10-29-2020 Newshound Guru Militiaman Video "A video of the Central Bank of counting and sorting the Iraqi currency and destroying it" Why destroy currency if the new currency wasn't to be worth more? You don't. They already printed new small category notes that will need to be covered by value. imo. Hence they are still sorting and even destroying the old or future obsolete notes. New notes to coincide with the old are already in print, the rate to establish the foundation of future trading globally is at hand...IMO ~ MM
10-29-2020 Newshound Guru Jeff ...you're not going to see the second reading of the borrowing law this week. The earliest or soonest you will see it is next week...What does that mean? It's gonna take them about 45 days to get the law done....they're probably not going to complete it till around November 14th. That's just the borrowing law...the rate can't change until the borrowing law is done and the #1 thing we care about right now is simply the borrowing law. We don't care about anything else in the news right now. Just the borrowing law. The budget will come after the rate change...
10-29-2020 Newshound Guru Pimpy Let me touch on these rumors going around...with anything that we do you're gonna have some people that think one way and some people who think another way...a youtuber is claiming there's not going to be any change with the Iraqi dinar. That's fine...this person is only expressing their opinion. This isn't set in any kind of evidence...There's nothing wrong with individuals expressing their opinion...nobody knows what going on with the Iraqi dinar...there's no doubt whatsoever that the Iraqi dinar exchange rate is too low. We know this...over the last month a lot of talk about the exchange rate. Both positive and negative...listen to all the different opinions...listen to the information and you filter through what you feel is BS and what is the truth...everything is speculation...
10-29-2020 Newshound/Intel Guru Frank26 Article "A 'knockout' blow to the Iraqi dinar: currency printing in exchange for the end of the financial crisis ... What will Iraq do about 'international conditions'?" ...Oh my goodness the Iraqi dinar got punched in the stomach. No...the translation is incorrect. The Iraqi dinar isn't being knocked out. The Iraqi dinar is being knocked out of Iraq into the international community...the Fab 4 are the ones that call the shots. They are the ones that tell the Central Bank of Iraq what to do with their currency in a sense of a monetary reform. The monetary reform...has told you that the new small category notes have already been printed. For what reason? Quote "For the end of our financial crisis." ...In other words the monetary reform of the Iraqi dinar to add value to it under the supervision of the Fab 4...
10-29-2020 Intel Guru MarkZ [via PDK] [...Dong not until maybe next year...Thoughts MarkZ?] Vietnam holds many dinar in their foreign currency reserves. Iraq holds a lot of Vietnamese Dong in their foreign currency reserves. If they allow them to go (revalue) at separate times by basic accounting it would create more problems then it would fix. I do not look for them to go seperetely…but if it does…our community who is very wealthy could double down and triple down buying currency…we could do a lot for humanity.
10-29-2020 Intel Guru MarkZ [via PDK] So there is no money movement anywhere and my banking contacts are heading home because they do not want to travel next week in case there is unrest. I am just hopeful that during this confusion while everyone is throwing in the towel for a week or two…that this would be the perfect time to pull it off. I am hopeful we will get a surprise…no one knows the timing...the folks in Iraq are still extremely positive that we are in the end days of this RV. So hang tight and don’t let this discourage you. It is still a “when” not an “if”...now would be a good time to do it…when people least expect it…
12-29-2020 Newshound Guru Adam Montana Iraq is moving at a brisk pace right now. We are seeing things we have never seen before. They are accomplishing things that many said would never happen. I think they are going to shock the world soon.
10-29-2020 Newshound Guru Militiaman Video "A video of the Central Bank of counting and sorting the Iraqi currency and destroying it" Why destroy currency if the new currency wasn't to be worth more? You don't. They already printed new small category notes that will need to be covered by value. imo. Hence they are still sorting and even destroying the old or future obsolete notes. New notes to coincide with the old are already in print, the rate to establish the foundation of future trading globally is at hand...IMO ~ MM
10-29-2020 Newshound Guru Jeff ...you're not going to see the second reading of the borrowing law this week. The earliest or soonest you will see it is next week...What does that mean? It's gonna take them about 45 days to get the law done....they're probably not going to complete it till around November 14th. That's just the borrowing law...the rate can't change until the borrowing law is done and the #1 thing we care about right now is simply the borrowing law. We don't care about anything else in the news right now. Just the borrowing law. The budget will come after the rate change...
10-29-2020 Newshound Guru Pimpy Let me touch on these rumors going around...with anything that we do you're gonna have some people that think one way and some people who think another way...a youtuber is claiming there's not going to be any change with the Iraqi dinar. That's fine...this person is only expressing their opinion. This isn't set in any kind of evidence...There's nothing wrong with individuals expressing their opinion...nobody knows what going on with the Iraqi dinar...there's no doubt whatsoever that the Iraqi dinar exchange rate is too low. We know this...over the last month a lot of talk about the exchange rate. Both positive and negative...listen to all the different opinions...listen to the information and you filter through what you feel is BS and what is the truth...everything is speculation...
10-29-2020 Newshound/Intel Guru Frank26 Article "A 'knockout' blow to the Iraqi dinar: currency printing in exchange for the end of the financial crisis ... What will Iraq do about 'international conditions'?" ...Oh my goodness the Iraqi dinar got punched in the stomach. No...the translation is incorrect. The Iraqi dinar isn't being knocked out. The Iraqi dinar is being knocked out of Iraq into the international community...the Fab 4 are the ones that call the shots. They are the ones that tell the Central Bank of Iraq what to do with their currency in a sense of a monetary reform. The monetary reform...has told you that the new small category notes have already been printed. For what reason? Quote "For the end of our financial crisis." ...In other words the monetary reform of the Iraqi dinar to add value to it under the supervision of the Fab 4...
10-29-2020 Intel Guru MarkZ [via PDK] [...Dong not until maybe next year...Thoughts MarkZ?] Vietnam holds many dinar in their foreign currency reserves. Iraq holds a lot of Vietnamese Dong in their foreign currency reserves. If they allow them to go (revalue) at separate times by basic accounting it would create more problems then it would fix. I do not look for them to go seperetely…but if it does…our community who is very wealthy could double down and triple down buying currency…we could do a lot for humanity.
10-29-2020 *** Dinar Guru NewsFlash *** A powerful hurricane popped up in the gulf and is slamming into south Louisiana as I type this. The wind is howling. It's moving fast (which is good). The lights have begun to flicker. But we plan on keeping the guru posts flowing as long as we can. Please keep Louisiana and southern Mississippi in your thoughts and prayers tonight...
Storm Update 8:20pm: The eye of the storm is past us now. The winds are still strong. The lights are out but we're still able to get post up!
Storm Update 6:00am: We made it through the storm. There doesn't appear to be any major damage. We'll know more once the sun rises. Thank you for the thoughts and prayer!
Storm Update 11:00am: No major damage thank goodness. All the kids did fine too. Over 500,000 without power. Sadly we're one of them. But the show must go on! The latest guru posts will continue below...
Storm Update 8:20pm: The eye of the storm is past us now. The winds are still strong. The lights are out but we're still able to get post up!
Storm Update 6:00am: We made it through the storm. There doesn't appear to be any major damage. We'll know more once the sun rises. Thank you for the thoughts and prayer!
Storm Update 11:00am: No major damage thank goodness. All the kids did fine too. Over 500,000 without power. Sadly we're one of them. But the show must go on! The latest guru posts will continue below...
10-28-2020 Intel Guru Bluwolf Time for change is just around our corner. I can hear the wolf's cry. Oh he is so near.
10-28-2020 Intel Guru Bruce I’ve been told by very good sources that at midnight...(Tuesday) the SWIFT System will no longer be used – that we will transition at 12:01 AM...(Wednesday) morning the 28th to QFS exclusively – I think that is important and could be quite significant – that that is taking place... I believe that we are moving forward and we can see things happening...we’re still trying to give you the best information that we can...the time is close – we just don’t know if there is anything else that needs to be done...We know that President Trump is doing a wonderful job keeping peace in the middle east...I know there are some saying that things won’t happen until after the election – how many times have I been told that? And yet I see progress that indicates that we could go any day now... we will see what happens in the next couple of days but you have to be realistic and say this is a day by day basis...
10-28-2020 Newshound Guru Walkingstick [via Frank26] All the benchmarks that Iraq had to meet for their 2 reforms - monetary & economic were met. That's why Chapter 7 was lifted and that's why the United Nations Security Council ain't got jack on Iraq...they met all the benchmarks. Congratulations Iraq ...government...central bank you met all the benchmarks for your two reforms. They were all met and now they're being shown to the citizens and to the international world. This is just amazing. [Post 2 of 2]
10-28-2020 Newshound Guru Walkingstick [via Frank26] the intention was not to not reinstate. It was to reinstate the IQD. The goal was to bring the IQD back globally internationally and add value Internationally for the citizens and for the citizens' purchasing power. This was the goal from the very beginning - to bring the Iraqi dinar back to the glory days. Old timers do you remember those words? The glory days are here but they've added more onto it...the mission has been accomplished. They have revalued. They are going to reinstate because they've already redenominated. No need to print more. The monetary reform of the Iraqi dinar, the plan, its intentions are right in front of your eyes right now. [Post 1 of 2]
10-28-2020 Intel Guru MarkZ [via PDK] On the banking side - no movement that I can find. I have reached out to all my contacts in Asia, the middle east, the west coast, the east coast…and nothing has moved yet. My military contacts are of the understanding that during unrest and lockdowns we are going to get this (reset)…and they are positioning for this weekend. ...We have always been told that the misinformation would be thick right before the end. They are trying to hide it just like they did with Kuwait and China…and all other times in the past.
10-28-2020 Intel Guru Delta She's saying no more sanctions number one. Number two is all the sanctions they had imposed on their currency it's lifted. So now it's just a matter of announcing the new rate - The one that is recognizable tradable...definitely this is more and more confirmation that something is up. Of course we don't know exactly the time frame but we know that something is up...this article you have to reread it 3, 4, 5 times because the 1st time you're gonna say huh? Then the 2nd time you read it is gonna shock you. And then the 3rd time is gonna knock you off to the floor! [Post 2 of 2]
10-28-2020 Intel Guru Delta Article: "A 'knockout' blow to the Iraqi dinar: currency printing in exchange for the end of the financial crisis ... What will Iraq do about 'international conditions'?" ...this one is confirming exactly what all of us have been saying for so many years...she basically let the cat out of the bag which is we know it's coming...this article is very telling...this guy [woman] is making it crystal clear that...We cannot devalue...because we have a contract with the IMF...and we cannot do that because it's going to collapse Iraq...they are about to do something with the currency to go internationally...a beautiful article... [Post 1 of 2...stay tuned]
10-28-2020 Intel Guru Frank26 We are under the expectations that...the basket where the Iraqi dinar will be involved 1 to 1 with the American dollar will be supported by nine peace accord agreements that Donald Trump is doing. It was set to 5 to 7 currencies in the basket...the Iraqi dinar will be backed by nine currencies in the Middle East that President Trump has made deals with for them to be able to come into Iraq and rebuild...
10-28-2020 Intel Guru Footforward [What does the borrowing law mean for the RV] ...This borrowing law everyone is talking about basically should state they can not borrow money and that they need to balance the budget.
10-28-2020 Newshound Guru Jeff We're very close guys. You have to look at the bigger picture with Iraq. Kazemi the new PM he's gotten more done in less than half of this year than the whole country of Iraq's gotten done in the last 15 years... they're at their highest level of stability...we are very close in this. Keep your eyes on the borrowing law and it'll walk you to the finish line...we're in a great spot. We don't have much more to go....
10-28-2020 Intel Guru MarkZ [Looks like Mr. C (Guru Mike Cottrell) may be right and no RV until after the election.] I think this would be an ideal time to do the RV while everybody is wrapped up watching so many other things. Especially with this election if riots break out…we would have martial law and we would safely be able to do our exchanges...
10-27-2020 Newshound/Intel Guru RVAlready Guys, revaluing the IQD vs USD is written into the white paper, which is the economic reform plan for Iraq. It is going to happen sometime soon.
10-27-2020 Intel Guru Footforward [...$4.56/$1.00 US] that's in a ball park of what I'd be looking for.
10-27-2020 Intel Guru Frank26 There are 4 banks. This is my opinion...the #1 bank is Bank of America. Turns out they sold the Iraqi dinar wholesale to the next bank in the chain of command. That was JP Morgan Chase. Then they sold it retail. How many of you bought your dinars from JP Morgan Bank? ...Then there was a 3rd bank - Wells Fargo...they were supposed to exchange the dinar for you. They were going to make a 'mint'...then there was a 4th bank - CitiBank. They were linked internationally with Iraqi banks...they are the bridge that's going to bring the currency back and forth at an International level...
10-27-2020 Newshound Guru Jeff ...This is what I think the chain of events will be...the borrowing law has to get done first. Then my opinion is I think they will change the rate...they haven't even started creating the 2020 budget because the rate hasn't changed yet...I don't think they will complete the borrowing law until very close to around November 21st. I have my eyes right now on around the second half of November...
10-27-2020 Newshound/Intel Guru Mnt Goat The news this period is all about Iraq not having the funds to pay October salaries. The borrowing law is not yet approved and many in parliament do not want to approve more borrowing. Also again more chatter about the currency auctions and what to do to fix them and create more transparency. But there will NEVER be full transparency since the process in the first place simply does not allow it. We all know these auctions need to be cancelled and Iraq needs to go back on the dinar for payment of imports. But the demand for the dinar must first be established or no one will want to accept the dinar for payment. This is important for us investors to understand.
10-27-2020 Intel Guru MarkZ ...This lack of RV news is driving me nuts. ...Banks are ready and on standby. They are prepared...They will get this done…the question is – will everything need to implode first?
10-27-2020 Intel Guru Frank26 ...the borrowing law...the new exchange rate is going to be used in calculations of what they need to borrow from... counties... the borrowing law will have its second reading tomorrow [Tuesday] and its third on Saturday...the borrowing law has to have a rate in it and it does.
10-27-2020 Newshound Guru Jeff We're in a great position...don't forget Iraq is at their highest level of stability that they've ever achieved. Kazemi has gotten more done than they've ever gotten done in a long long long time. Kazemi's gotten more done just in the short period of time he's been there then the entire country's gotten done since they released the new Iraqi dinar. So we're in a great position... stability is the most important thing before that rate can change...
10-27-2020 Intel Guru Footforward [...$4.56/$1.00 US] that's in a ball park of what I'd be looking for.
10-27-2020 Intel Guru Frank26 There are 4 banks. This is my opinion...the #1 bank is Bank of America. Turns out they sold the Iraqi dinar wholesale to the next bank in the chain of command. That was JP Morgan Chase. Then they sold it retail. How many of you bought your dinars from JP Morgan Bank? ...Then there was a 3rd bank - Wells Fargo...they were supposed to exchange the dinar for you. They were going to make a 'mint'...then there was a 4th bank - CitiBank. They were linked internationally with Iraqi banks...they are the bridge that's going to bring the currency back and forth at an International level...
10-27-2020 Newshound Guru Jeff ...This is what I think the chain of events will be...the borrowing law has to get done first. Then my opinion is I think they will change the rate...they haven't even started creating the 2020 budget because the rate hasn't changed yet...I don't think they will complete the borrowing law until very close to around November 21st. I have my eyes right now on around the second half of November...
10-27-2020 Newshound/Intel Guru Mnt Goat The news this period is all about Iraq not having the funds to pay October salaries. The borrowing law is not yet approved and many in parliament do not want to approve more borrowing. Also again more chatter about the currency auctions and what to do to fix them and create more transparency. But there will NEVER be full transparency since the process in the first place simply does not allow it. We all know these auctions need to be cancelled and Iraq needs to go back on the dinar for payment of imports. But the demand for the dinar must first be established or no one will want to accept the dinar for payment. This is important for us investors to understand.
10-27-2020 Intel Guru MarkZ ...This lack of RV news is driving me nuts. ...Banks are ready and on standby. They are prepared...They will get this done…the question is – will everything need to implode first?
10-27-2020 Intel Guru Frank26 ...the borrowing law...the new exchange rate is going to be used in calculations of what they need to borrow from... counties... the borrowing law will have its second reading tomorrow [Tuesday] and its third on Saturday...the borrowing law has to have a rate in it and it does.
10-27-2020 Newshound Guru Jeff We're in a great position...don't forget Iraq is at their highest level of stability that they've ever achieved. Kazemi has gotten more done than they've ever gotten done in a long long long time. Kazemi's gotten more done just in the short period of time he's been there then the entire country's gotten done since they released the new Iraqi dinar. So we're in a great position... stability is the most important thing before that rate can change...
10-26-2020 ***Dinar Guru News Update *** The United States and the Trump team negotiated another peace agreement in the Middle East. Sudan is the 3rd country to do so in the last four weeks. They signed the Abraham Peace Accord with Israel several days ago. This is HUGE news. The United Arab Emirates, Bahrain, and Sudan are the first Arab nations to normalize relations with Israel in over 25 years. They join Jordon and Egypt. Security and stability is sweeping across the region. At least 6 more nations are expected to join the accord. The gurus suspect Iraq could be one of them...Stay tuned as this story unfolds...the latest guru posts will continue below.
10-26-2020 Newshound Guru Pimpy I notice that there are people that are getting restless and these people are the new people. What I meant by that is they haven't been holding the Iraqi dinar for about a year and they're complaining already. I tell you there's people that's been in this game for 15, 16 years all right. You can't get frustrated. All you can do is keep an eye on it. There's been more positive news IMO in 2020 than we've seen in a long time that I could remember...stay positive. There are some other good news coming. I'm anticipating that going to happen this week...
10-26-2020 Newshound Guru Pimpy ...I want to make a point about the Iraqi dinar. Once these nations all sign these agreements (peace agreements) there's these new trade agreements that are coming BTW in which they can all do business with one another. This will bring a lot of business very quickly into Iraq as well as surrounding nations there but especially in Iraq. Iraq is the hub into the Middle East...Other countries are going to be investing money into rebuilding Iraq. It's starting from scratch. This is going to bring a lot of jobs there. This is great news for both short term and long term when it comes to Iraqi dinar...
10-26-2020 Newshound Guru Pimpy Article: "Al-Kazemi spokesman: More than 25 officials are behind bars" Al-Kazemi is no joke. When he is draining the Iraqi swamp he is draining the swamp...quote "25 officials in addition to the corrupt whales [Super wealthy individuals] are under bars and under investigation during the first 2 months of al-Kazemi's government." This is what I'm talking about man. Making these kinds of moves. Let's show the world that you're capable of handling the corruption. I love this news...this is gonna look really good in the eyes of the international community...Al-Kazemi...seems to be the man of the people and I love to see that...
10-26-2020 Intel Guru MarkZ [via PDK] It was an exceptionally quiet weekend with very little news…especially on the banking front. In Iraq this morning...no measurable movement. [Looking like RV after the election!] I am starting to feel that way. I was expecting a whole lot to happen this weekend that did not. Seven days and 14 hours until election day. If I hear anything worth sharing I will...but, at this point I am not anticipating anything earth shattering.
10-26-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance confirms the government's printing of new currencies without financial cover and describes the act as "dangerous" ...we see they speak if printing currency with out "cover". Well "cover" to me may mean a new rate is needed now, as the CBI has not exposed it yet. They printed new notes, not larger triple zero notes...
10-26-2020 Newshound Guru Pimpy ...I want to make a point about the Iraqi dinar. Once these nations all sign these agreements (peace agreements) there's these new trade agreements that are coming BTW in which they can all do business with one another. This will bring a lot of business very quickly into Iraq as well as surrounding nations there but especially in Iraq. Iraq is the hub into the Middle East...Other countries are going to be investing money into rebuilding Iraq. It's starting from scratch. This is going to bring a lot of jobs there. This is great news for both short term and long term when it comes to Iraqi dinar...
10-26-2020 Newshound Guru Pimpy Article: "Al-Kazemi spokesman: More than 25 officials are behind bars" Al-Kazemi is no joke. When he is draining the Iraqi swamp he is draining the swamp...quote "25 officials in addition to the corrupt whales [Super wealthy individuals] are under bars and under investigation during the first 2 months of al-Kazemi's government." This is what I'm talking about man. Making these kinds of moves. Let's show the world that you're capable of handling the corruption. I love this news...this is gonna look really good in the eyes of the international community...Al-Kazemi...seems to be the man of the people and I love to see that...
10-26-2020 Intel Guru MarkZ [via PDK] It was an exceptionally quiet weekend with very little news…especially on the banking front. In Iraq this morning...no measurable movement. [Looking like RV after the election!] I am starting to feel that way. I was expecting a whole lot to happen this weekend that did not. Seven days and 14 hours until election day. If I hear anything worth sharing I will...but, at this point I am not anticipating anything earth shattering.
10-26-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance confirms the government's printing of new currencies without financial cover and describes the act as "dangerous" ...we see they speak if printing currency with out "cover". Well "cover" to me may mean a new rate is needed now, as the CBI has not exposed it yet. They printed new notes, not larger triple zero notes...
10-25-2020 Newshound Guru Jeff ...the Borrowing Law. Here's what I see them doing. They've done the first reading and they haven't changed the rate yet. What that suggests to me is that they are most likely not going to change the rate until around the end of the approval process of the Borrowing Law. Typically all three readings of a law take anywhere from 30 to 45 days...they've already did the first reading...
10-25-2020 Newshound/Intel Guru RVAlready I do know people who said this would not happen until after the election. But their reasoning seemed no good to me. If we are waiting for another event, it is certainly later than any plan I have ever heard about.
10-25-2020 Intel Guru Footforward [ I know you don't care about the protest...but I woke up this morning and...the whole country is protesting... The people of Iraq gave the Gov until the 25 to start the reforms... but what a surprise Iraq couldn't follow through on another date...] ...the Iraqi people...have been asked to do something and they aren't doing their part. The issue is not the Iraqi PM. ...this Iraqi PM has done alot actually...The issue is not the Iraqi PM. At all. ...I don't care about protests going on...I absolutely believe this is going to happen. And nothing shakes me. At all. I don't change my mind because of the protests...
10-25-2020 Intel Guru Frank26 CBI Video "A video of the Central Bank of counting and sorting the Iraqi currency and destroying it." You know why they're destroying it? ...because they're about to introduce the new small category notes...
10-25-2020 Intel Guru RayRen98 SINCE IT DIDN'T HAPPEN ON SATURDAY, BANKING STAFF WILL REPORT BACK IN EARLY, EARLY ON SUNDAY MORNING.
10-25-2020 Newshound/Intel Guru RVAlready I do know people who said this would not happen until after the election. But their reasoning seemed no good to me. If we are waiting for another event, it is certainly later than any plan I have ever heard about.
10-25-2020 Intel Guru Footforward [ I know you don't care about the protest...but I woke up this morning and...the whole country is protesting... The people of Iraq gave the Gov until the 25 to start the reforms... but what a surprise Iraq couldn't follow through on another date...] ...the Iraqi people...have been asked to do something and they aren't doing their part. The issue is not the Iraqi PM. ...this Iraqi PM has done alot actually...The issue is not the Iraqi PM. At all. ...I don't care about protests going on...I absolutely believe this is going to happen. And nothing shakes me. At all. I don't change my mind because of the protests...
10-25-2020 Intel Guru Frank26 CBI Video "A video of the Central Bank of counting and sorting the Iraqi currency and destroying it." You know why they're destroying it? ...because they're about to introduce the new small category notes...
10-25-2020 Intel Guru RayRen98 SINCE IT DIDN'T HAPPEN ON SATURDAY, BANKING STAFF WILL REPORT BACK IN EARLY, EARLY ON SUNDAY MORNING.
10-24-2020 Intel Guru Austin-Powers-For-PM ...This RV will happen, but it's impossible to nail down a timeline. In 10+ years of this journey we've had people tell us that it "has" to happen before (pick your date) and that date comes and goes. We could very well be post election without an RV. I do believe this will happen either before 2020 is over or the 1st few days of 2021...Things are lining up, and they're in a position where they will have to make things happen, and rather soon. Do understand that there are forces that want this stopped dead in it's tracks (Iranian proxies, the corrupt in high places, global interests who benefit from the Status Quo) who will do anything to delay this until January 20th, 2021...Yes, the heat is on to complete this and complete it very soon.
10-24-2020 Intel Guru Frank26 ...right now we're right at the cusp of bring fourth the new exchange rate for the Iraqi dinar. Right now we're beyond the cusp of introducing the pictures of the new small category notes to the citizens...anywhere from one to four weeks then you can say goodbye to me...
10-24-2020 Intel Guru Footforward many have connected the QFS and the revaluation as something that will happen together. I've felt that wasn't going to be the case. That the QFS was a few years away yet...in every banking article, Iraq is talking swift. Not QFS. Trump put one billion into development of the QFS. That told me this is something still being worked on.
10-24-2020 Newshound Guru Pimpy Article: "Trump delivers remarks after announcing Sudan will normalize relation with Israel" ...we're about to see the most prosperous time in human history...watch Trump get his now fifth Nobel Peace Prize nomination this year...I'm expecting these types of announcements to really help outside investors feel really good about coming in there. The more they see these nations cooperating with one another and agreeing to peace and willing to work on the international scene and bringing businesses. This is really good. This is a good time to be holding Iraqi Dinar...they're doing really really good and so you should be very excited...
10-24-2020 Newshound Guru Kaperoni Appears Iraq has agreed to a 3 year international trusteeship made up of 7 countries to help them move their economy forward and solve the financial crisis. This is big news...
10-24-2020 Intel Guru Frank26 the monetary reform of the Iraqi dinar...it was so important for Iraq to have security and stability. And they got it...President Trump got another one. How many of these countries do you think are going to sign peace accords? Nine...the Iraqi dinar it's going to be in a the Middle Eastern basket...The CBI, the government has told us this...How many countries will be in that basket? ...Nine...Thank you President Trump for bringing peace into the Middle East because we sure needed that security and stability...It sounds to me that everything is on course...
10-24-2020 Newshound Guru MilitiaMan Article: "Britain will receive 5,000 artifacts to Iraq early next year, and Al-Kazemi reviews them" One has to think that they cut a deal. They didn't get those artifacts with out strings attached. There has to be a good reason and it is not at a cost with a program rate in mind.. No, the deals in investments, reconstruction, energy all come with a cost of a real international rate. The secondary markets require it. This sure looks of...you do the right thing, we can get this back to you after you show the world the new rate...Game on folks, game on... imo.
10-24-2020 Intel Guru Bruce [via WiserNow] ...We’ve been told from several sources - I’ve been personally told it will not go past this weekend for us – meaning for the internet group – as far as I know the week still ends on Saturday and then Sunday begins the new week...if this is going to go by the end of this week – which I’m calling Saturday then we’re in really good shape...
10-24-2020 Intel Guru Frank26 ...right now we're right at the cusp of bring fourth the new exchange rate for the Iraqi dinar. Right now we're beyond the cusp of introducing the pictures of the new small category notes to the citizens...anywhere from one to four weeks then you can say goodbye to me...
10-24-2020 Intel Guru Footforward many have connected the QFS and the revaluation as something that will happen together. I've felt that wasn't going to be the case. That the QFS was a few years away yet...in every banking article, Iraq is talking swift. Not QFS. Trump put one billion into development of the QFS. That told me this is something still being worked on.
10-24-2020 Newshound Guru Pimpy Article: "Trump delivers remarks after announcing Sudan will normalize relation with Israel" ...we're about to see the most prosperous time in human history...watch Trump get his now fifth Nobel Peace Prize nomination this year...I'm expecting these types of announcements to really help outside investors feel really good about coming in there. The more they see these nations cooperating with one another and agreeing to peace and willing to work on the international scene and bringing businesses. This is really good. This is a good time to be holding Iraqi Dinar...they're doing really really good and so you should be very excited...
10-24-2020 Newshound Guru Kaperoni Appears Iraq has agreed to a 3 year international trusteeship made up of 7 countries to help them move their economy forward and solve the financial crisis. This is big news...
10-24-2020 Intel Guru Frank26 the monetary reform of the Iraqi dinar...it was so important for Iraq to have security and stability. And they got it...President Trump got another one. How many of these countries do you think are going to sign peace accords? Nine...the Iraqi dinar it's going to be in a the Middle Eastern basket...The CBI, the government has told us this...How many countries will be in that basket? ...Nine...Thank you President Trump for bringing peace into the Middle East because we sure needed that security and stability...It sounds to me that everything is on course...
10-24-2020 Newshound Guru MilitiaMan Article: "Britain will receive 5,000 artifacts to Iraq early next year, and Al-Kazemi reviews them" One has to think that they cut a deal. They didn't get those artifacts with out strings attached. There has to be a good reason and it is not at a cost with a program rate in mind.. No, the deals in investments, reconstruction, energy all come with a cost of a real international rate. The secondary markets require it. This sure looks of...you do the right thing, we can get this back to you after you show the world the new rate...Game on folks, game on... imo.
10-24-2020 Intel Guru Bruce [via WiserNow] ...We’ve been told from several sources - I’ve been personally told it will not go past this weekend for us – meaning for the internet group – as far as I know the week still ends on Saturday and then Sunday begins the new week...if this is going to go by the end of this week – which I’m calling Saturday then we’re in really good shape...
10-23-2020 Newshound/Intel Guru Mnt Goat ...the overall plan to also reinstate the dinar and re-peg it to a basket of 5 currencies thus the rate of the exchange will change outside of Iraq thus giving Iraq more purchasing power thus more ability to buy more goods and services. The dinar will be worth more outside of Iraq . It is the globalization of the dinar that is important and deleting the zeros is just step to help get there...
10-23-2020 Newshound Guru Pimpy REPORT: "White Paper for Economic Reform" Now that we have the details of the "White Papers" or The Economic Reform Papers you guys can see the details for yourself because there is some exchange rate talk... quote "Review the current exchange rate of the dollar against the dinar." Again, listen, they said they're just reviewing...as the dollar continues to get weaker other currencies will rise up against it. This is good for those of us holding on to foreign currencies as an investment. We want to see that...quote "establishing new trade markets such as commodity markets and a currency exchange market." We need to see the Iraqi dinar become eligible and start trading on the Forex...they'll probably just float the dinar and let the market decide from there what the exchange rate is...that's good news. We need them to unpeg from the U.S. dollar...
10-23-2020 Newshound Guru Petra I gotta believe that a lot of those International market players are already lining up because they read the articles like we do. Those finance guys. Those hedge fund guys read the articles like we do. So I'm sure they're excited as well...we're in a great spot. I'm excited. The wife is excited. We're just looking forward to this coming to an end...we're in a great place...we're right there. There is no question about it...let's see what they decide to do...
10-23-2020 Intel Guru Footforward [Should we wait for forex changes or what do you think we need to be looking for in the markets?] When the rate changes it will change on CBI website. I'd watch that. [NOTE: You can always see the CBI's latest official rate in the left column of this page.]
10-23-2020 Intel Guru MarkZ [via PDK] Most of my “POA” type folks are on a 2 hour standby to be ready. Does that mean it’s this weekend? Well, things are starting to line up and I am crossing my fingers and hoping.
10-23-2020 Newshound Guru Adam Montana [...how close are we?...] In my opinion...we are now finally inside of a 6 month window. Do, or die, within that timeframe. I know, I know - I wish is was 6 days as well.
10-23-2020 Newshound Guru MilitiaMan They mention...reviewing the Dollar/Dinar Exchange Rate and...they talk about new markets that include commodity markets and above all FOREX. The final requirements appear to have to do with those two key elements of where we are at with this stage of the White Papers. The rest will be over a 3-5 year period. There is an article telling us that the Director of the CBI as of recent, that an exchange rate is expected from 120 - 121 IQD to 100 USD. That fits with internationalism. So the final decisions most likely sorted... Very very very exciting and powerful times we are in. Lets see what the CBI says when they get home... The banks are open for accounts today and tomorrow, fwiw too. To have an exchange rate change as the CBI Director has said would require the NSCNs(LD’s) ... imo. [post 2 of 2]
10-23-2020 Newshound Guru MilitiaMan Article: "The White Paper for Economic Reforms: vision and key objectives" Quote: "The Iraqi government has formally adopted the White Paper for Economic Reforms prepared by the Crisis Cell for Financial and Fiscal Reform." No matter how we slice this, they need an international exchange rate prior to launching. They European Bank of Reconstruction and Development is in the final stages for Iraq's ascension to the bank. It is with them and along with the Global Accounting Firms of Ernst & Young and Pricewater House - Cooper that are involved with the final requirements. To get to the final requirements tells us this White Paper has already been in play for many months and years already. To meet with the EBRD and E & Y and PWHC is for to implement it internationally. [post 1 of 2....stay tuned]
10-23-2020 Newshound Guru Pimpy I'm speculating, it's just my opinion, you're either going to see this revaluation of the Iraq dinar happen either before the election or sometime in January. I don't like doing dates and rate but there's a lot of other things that are happening around this timeframe and I have a feeling the IQD is going to play a huge part of this...I don't have any proof of what I'm saying..I'm just saying to you based on a lot of conversations that that I have with different people, based on a lot of news that I've read, based on a lot of articles that I've read, there's some type of race going on, there really is, as far as what monetary system is going to be used.
10-23-2020 Newshound Guru Kaperoni Why are there so many articles about floating the dinar over the years? Because that is how monetary policy truly works. Exchange rates rise as economies grow. Nothing Is random...
10-23-2020 Newshound Guru Pimpy REPORT: "White Paper for Economic Reform" Now that we have the details of the "White Papers" or The Economic Reform Papers you guys can see the details for yourself because there is some exchange rate talk... quote "Review the current exchange rate of the dollar against the dinar." Again, listen, they said they're just reviewing...as the dollar continues to get weaker other currencies will rise up against it. This is good for those of us holding on to foreign currencies as an investment. We want to see that...quote "establishing new trade markets such as commodity markets and a currency exchange market." We need to see the Iraqi dinar become eligible and start trading on the Forex...they'll probably just float the dinar and let the market decide from there what the exchange rate is...that's good news. We need them to unpeg from the U.S. dollar...
10-23-2020 Newshound Guru Petra I gotta believe that a lot of those International market players are already lining up because they read the articles like we do. Those finance guys. Those hedge fund guys read the articles like we do. So I'm sure they're excited as well...we're in a great spot. I'm excited. The wife is excited. We're just looking forward to this coming to an end...we're in a great place...we're right there. There is no question about it...let's see what they decide to do...
10-23-2020 Intel Guru Footforward [Should we wait for forex changes or what do you think we need to be looking for in the markets?] When the rate changes it will change on CBI website. I'd watch that. [NOTE: You can always see the CBI's latest official rate in the left column of this page.]
10-23-2020 Intel Guru MarkZ [via PDK] Most of my “POA” type folks are on a 2 hour standby to be ready. Does that mean it’s this weekend? Well, things are starting to line up and I am crossing my fingers and hoping.
10-23-2020 Newshound Guru Adam Montana [...how close are we?...] In my opinion...we are now finally inside of a 6 month window. Do, or die, within that timeframe. I know, I know - I wish is was 6 days as well.
10-23-2020 Newshound Guru MilitiaMan They mention...reviewing the Dollar/Dinar Exchange Rate and...they talk about new markets that include commodity markets and above all FOREX. The final requirements appear to have to do with those two key elements of where we are at with this stage of the White Papers. The rest will be over a 3-5 year period. There is an article telling us that the Director of the CBI as of recent, that an exchange rate is expected from 120 - 121 IQD to 100 USD. That fits with internationalism. So the final decisions most likely sorted... Very very very exciting and powerful times we are in. Lets see what the CBI says when they get home... The banks are open for accounts today and tomorrow, fwiw too. To have an exchange rate change as the CBI Director has said would require the NSCNs(LD’s) ... imo. [post 2 of 2]
10-23-2020 Newshound Guru MilitiaMan Article: "The White Paper for Economic Reforms: vision and key objectives" Quote: "The Iraqi government has formally adopted the White Paper for Economic Reforms prepared by the Crisis Cell for Financial and Fiscal Reform." No matter how we slice this, they need an international exchange rate prior to launching. They European Bank of Reconstruction and Development is in the final stages for Iraq's ascension to the bank. It is with them and along with the Global Accounting Firms of Ernst & Young and Pricewater House - Cooper that are involved with the final requirements. To get to the final requirements tells us this White Paper has already been in play for many months and years already. To meet with the EBRD and E & Y and PWHC is for to implement it internationally. [post 1 of 2....stay tuned]
10-23-2020 Newshound Guru Pimpy I'm speculating, it's just my opinion, you're either going to see this revaluation of the Iraq dinar happen either before the election or sometime in January. I don't like doing dates and rate but there's a lot of other things that are happening around this timeframe and I have a feeling the IQD is going to play a huge part of this...I don't have any proof of what I'm saying..I'm just saying to you based on a lot of conversations that that I have with different people, based on a lot of news that I've read, based on a lot of articles that I've read, there's some type of race going on, there really is, as far as what monetary system is going to be used.
10-23-2020 Newshound Guru Kaperoni Why are there so many articles about floating the dinar over the years? Because that is how monetary policy truly works. Exchange rates rise as economies grow. Nothing Is random...
10-22-2020 Newshound Guru Pimpy ...I told you guys a while back...that I wasn't sure why but there was a lot of central banks that were stocking up on the IQD which at the time didn't make no sense...In addition I told you that the BIS oversaw very large currency swap that involved the Iraqi dinar. Also I told you there's a lot of countries that have been making moves recently on the IQD as well. What this means is - I'm not sure. But there are a lot of people moving on IQD. I can't help but think that all these counties and banks are stocking up on IQD then it might be...Iraq becomes somehow a poor man's version of the international reserve currency for whatever this thing is that they're doing...this is just speculation but there's too many moving parts that seem to be going together here...
10-22-2020 Intel Guru Footforward [...since it goes to the forex market, can Iraq update it during a banking holiday or Iraq’s weekend?] yes. I've been told that Iraq can update or change their rate any time they want.
10-22-2020 Newshound Guru MilitiaMan Article: "A member of Parliament Finance sets an expected date for the October salary distribution" Quote: "He emphasized that the government should proceed with its reforms, noting that the Minister of Finance said that the White Paper will be implemented as of January 1, 2021." ...Reforms are a part of the White Papers. What the White papers are yet to have exposed to the masses, is first and prior to any implementation of the White papers, is a rate at which the reforms will be allocated in and to! Yep, prior to the end of year salaries that are yet to be determined Or have yet to be paid is a rate for the last final 4 months of the year...
10-22-2020 Intel Guru MarkZ [via PDK] On the RV front I am still hearing very positive things that lead me to believe we will see this before the end of the month. Lots of chatter…I am also hearing we should have a lot of news by tomorrow morning.
10-22-2020 Intel Guru Bruce ...it feels like we’re saying Sayonara! And we kinda are – at least in our expectation is great for something very proximate to now...could we start Thursday? More likely – we’ll see what happens – It’s a heads up...not calling it - just saying – this is what I am getting...And talking about rates...Dinar and Dong much higher than we all thought – front screen rates – much higher – you will be just fine – So don’t sweat it...it’s going to be wonderful...I believe this is coming to us and we’re ready to move on and get this done – it appears that they are ready...
10-22-2020 Newshound Guru Jeff ...They probably released the most important piece of news today that we've seen this entire year...Article: "Urgent Parliament holds a session next Saturday, completes electoral districts and reads the law on financing the fiscal deficit" ...the borrowing law is needed...they've told us factually in the news that the large deficit within the budget is the reforms...they're saying on Saturday they're going to start the first reading of the fiscal deficit...this is probably the most important news that you've ever seen this entire year...This is huge.
10-22-2020 Intel Guru Footforward Article quotes: “The Iraqi government is working hard to implement financial and administrative reforms, and the reform white paper outlines to overcoming crises and achieves development in various fields.”; "Al-Kadhimi's European Tour which started on October 18 includes London, Paris and Berlin." I believe they are looking for people to invest in Iraq's economy which is about to boom...He's not out begging for a hand out. He's looking for investment in Iraq because they are about to revalue their currency in my opinion...He's doing this so they have deals in place to hit the ground running.
10-22-2020 Intel Guru MarkZ [via PDK] [...is it true Trump is being fined every day the RV is delayed?] I cannot find anything to support that anywhere…i have dug and spoken with contacts at the Hague…I believe it is out of Trump’s control. I was told he signed over his control of the event. I do not believe that is accurate.
10-22-2020 Intel Guru Footforward [...since it goes to the forex market, can Iraq update it during a banking holiday or Iraq’s weekend?] yes. I've been told that Iraq can update or change their rate any time they want.
10-22-2020 Newshound Guru MilitiaMan Article: "A member of Parliament Finance sets an expected date for the October salary distribution" Quote: "He emphasized that the government should proceed with its reforms, noting that the Minister of Finance said that the White Paper will be implemented as of January 1, 2021." ...Reforms are a part of the White Papers. What the White papers are yet to have exposed to the masses, is first and prior to any implementation of the White papers, is a rate at which the reforms will be allocated in and to! Yep, prior to the end of year salaries that are yet to be determined Or have yet to be paid is a rate for the last final 4 months of the year...
10-22-2020 Intel Guru MarkZ [via PDK] On the RV front I am still hearing very positive things that lead me to believe we will see this before the end of the month. Lots of chatter…I am also hearing we should have a lot of news by tomorrow morning.
10-22-2020 Intel Guru Bruce ...it feels like we’re saying Sayonara! And we kinda are – at least in our expectation is great for something very proximate to now...could we start Thursday? More likely – we’ll see what happens – It’s a heads up...not calling it - just saying – this is what I am getting...And talking about rates...Dinar and Dong much higher than we all thought – front screen rates – much higher – you will be just fine – So don’t sweat it...it’s going to be wonderful...I believe this is coming to us and we’re ready to move on and get this done – it appears that they are ready...
10-22-2020 Newshound Guru Jeff ...They probably released the most important piece of news today that we've seen this entire year...Article: "Urgent Parliament holds a session next Saturday, completes electoral districts and reads the law on financing the fiscal deficit" ...the borrowing law is needed...they've told us factually in the news that the large deficit within the budget is the reforms...they're saying on Saturday they're going to start the first reading of the fiscal deficit...this is probably the most important news that you've ever seen this entire year...This is huge.
10-22-2020 Intel Guru Footforward Article quotes: “The Iraqi government is working hard to implement financial and administrative reforms, and the reform white paper outlines to overcoming crises and achieves development in various fields.”; "Al-Kadhimi's European Tour which started on October 18 includes London, Paris and Berlin." I believe they are looking for people to invest in Iraq's economy which is about to boom...He's not out begging for a hand out. He's looking for investment in Iraq because they are about to revalue their currency in my opinion...He's doing this so they have deals in place to hit the ground running.
10-22-2020 Intel Guru MarkZ [via PDK] [...is it true Trump is being fined every day the RV is delayed?] I cannot find anything to support that anywhere…i have dug and spoken with contacts at the Hague…I believe it is out of Trump’s control. I was told he signed over his control of the event. I do not believe that is accurate.
10-21-2020 Newshound/Intel Guru Petra Question "Do you think that the reinstatement of the Iraq dinar is about to work?" Is that a rhetorical question? Yes Absolutely it is. That's one of the reasons why I've been so quiet because I'm just waiting for them to make their move.
10-21-2020 Intel Guru Frank26 ...our days are coming to an end...Once they say to the citizens come into the bank...we want to show you something. Once they do that. The moment they do that I'm done...you understand that my friend [guru] walkingstick, the firm that he belongs to has over 600 employees...about a couple dozen owners...of those 20, two of them own banks that represent that company of Walkingstick's...It's been there for over 30 years...that's why whenever the CBI does something for the monetary reform they call...the one who owns banks in Iraq...sometimes we are able to give it [intel] to you...sometimes we don't give it to you...it's fascinating...and now coming to an end IMO...
10-20-2020 Newshound/Intel Guru Mnt Goat We know that in order to do this FLOAT they will NOT use the program rate and the currency auctions must be stopped in order to “reinstate” the dinar. They also...talk about “increasing the GLOBAL DEMAND” which we all should know by now means to get rid of the auctions and get it back on FOREX and use the dinar for trade once again. But as usual some economist also do not agree with Dr. Shabibi and the CBI in wanting to do this FLOAT...So this only confirms to us again that they are serious about the FLOAT. We know the process that is involved and it means first accomplishing the “project to delete the zeros” and so articles also talk about doing this now too along with the thinking of the FLOAT. Folks this is all “WOW!” and fantastic news for us...
10-21-2020 Newshound Guru Adam Montana Red herrings...False flags... Chicken littles, running around yelling about the sky falling. You know what I'm seeing? The home stretch. ...we are approaching the most critical and crucial time in history for the Iraqi Dinar. ...This recent string of "concerning news" is the best thing I've seen in a long time! Article: "Collapse of the dinar is possible" This is a prime example of what we expect to see immediately before the RV. They want as much dinar sold back to them as possible. I'm not suggesting anyone "buy on bad news" - but I certainly won't be bailing right now! This is the make or break time for Iraq - for better, or worse, we should have closure soon. I think we are headed in a great direction. Go Iraq...Go Dinar...GO RVVV!
10-21-2020 Newshound Guru Jeff ...the citizens started protesting last year on October 25th. The citizens are saying they're going to bring it back and do it again...the citizens are only giving the government until October 25th of this year to have the reforms done. This is looming in the background...
10-21-2020 Newshound Guru Pimpy ...there is an article that I think is a super huge big deal...because it's gonna make a huge difference on what's going on in the Middle East and that includes obviously Iraq... Article: "A Saudi Prince Declares Independence From Old Obligations" ...this news here is huge...nobody wants the status quo anymore and this is important for what we want to accomplish over in Iraq...you're gonna see the middle easy really really have an economic boom...I'm anticipating one more peace agreement probably coming out this week if not the following week. I think you're gonna see Iraq along with Jordan come on board...This is great for a short term and long term investment into Iraq. The more stable that whole entire region becomes the easier it is to attract outside investors in who can help your economy boom...this is big news.
10-21-2020 Intel Guru MarkZ [via PDK] Its been very quiet…It was even quieter than yesterday...I am hopeful we will soon see movement…everyone seems to still be sitting on “GO”...we sit here on the edge of our seats. They have been hiding the dates and rates on purpose for security reasons…
10-21-2020 Newshound Guru Breitling ...A lot of people keep asking me 'Why do you have so much confidence in the Iraqi dinar?' 1. Iraq has the U.S. dollar to back it up. That's the bedrock of Iraq. 2. They can get loans that help them get more dollars. They're selling oil, not only that, they have resources where they can get loans and they get it in the U.S. dollar...I can't wait. It's coming. I promise you...have a plan when it revalues...
10-21-2020 Newshound/Intel Guru Petra ...we've got Mnuchin in the Middle East...At the very same time we've got Kazemi in the European theater. Both are doing business. They're not there for a tea party. They're both there to do business. And that is going to position Iraq into a great opportunity of being the central country for business and trade in the Middle East...yes they are Article 8 but they need to do one more step to be formal and that would be to announce their new rate...
10-21-2020 Intel Guru Frank26 ...IOO the reinstatement of the Iraqi dinar has landed at the CBI. Now you have to be patient and allow them to get everything in order...you have to let them finish what they're doing. They've landed IOO and now they're going to tell the citizens...
10-21-2020 Intel Guru Footforward [what are your thoughts on what the VND May revalue at?...] 5-10 cents has been the expected rate for a long time. But now with Vietnam pulling away from China, I'd expect that to be higher. That's my opinion. Not financial or investment advice.
10-21-2020 Intel Guru Frank26 ...our days are coming to an end...Once they say to the citizens come into the bank...we want to show you something. Once they do that. The moment they do that I'm done...you understand that my friend [guru] walkingstick, the firm that he belongs to has over 600 employees...about a couple dozen owners...of those 20, two of them own banks that represent that company of Walkingstick's...It's been there for over 30 years...that's why whenever the CBI does something for the monetary reform they call...the one who owns banks in Iraq...sometimes we are able to give it [intel] to you...sometimes we don't give it to you...it's fascinating...and now coming to an end IMO...
10-20-2020 Newshound/Intel Guru Mnt Goat We know that in order to do this FLOAT they will NOT use the program rate and the currency auctions must be stopped in order to “reinstate” the dinar. They also...talk about “increasing the GLOBAL DEMAND” which we all should know by now means to get rid of the auctions and get it back on FOREX and use the dinar for trade once again. But as usual some economist also do not agree with Dr. Shabibi and the CBI in wanting to do this FLOAT...So this only confirms to us again that they are serious about the FLOAT. We know the process that is involved and it means first accomplishing the “project to delete the zeros” and so articles also talk about doing this now too along with the thinking of the FLOAT. Folks this is all “WOW!” and fantastic news for us...
10-21-2020 Newshound Guru Adam Montana Red herrings...False flags... Chicken littles, running around yelling about the sky falling. You know what I'm seeing? The home stretch. ...we are approaching the most critical and crucial time in history for the Iraqi Dinar. ...This recent string of "concerning news" is the best thing I've seen in a long time! Article: "Collapse of the dinar is possible" This is a prime example of what we expect to see immediately before the RV. They want as much dinar sold back to them as possible. I'm not suggesting anyone "buy on bad news" - but I certainly won't be bailing right now! This is the make or break time for Iraq - for better, or worse, we should have closure soon. I think we are headed in a great direction. Go Iraq...Go Dinar...GO RVVV!
10-21-2020 Newshound Guru Jeff ...the citizens started protesting last year on October 25th. The citizens are saying they're going to bring it back and do it again...the citizens are only giving the government until October 25th of this year to have the reforms done. This is looming in the background...
10-21-2020 Newshound Guru Pimpy ...there is an article that I think is a super huge big deal...because it's gonna make a huge difference on what's going on in the Middle East and that includes obviously Iraq... Article: "A Saudi Prince Declares Independence From Old Obligations" ...this news here is huge...nobody wants the status quo anymore and this is important for what we want to accomplish over in Iraq...you're gonna see the middle easy really really have an economic boom...I'm anticipating one more peace agreement probably coming out this week if not the following week. I think you're gonna see Iraq along with Jordan come on board...This is great for a short term and long term investment into Iraq. The more stable that whole entire region becomes the easier it is to attract outside investors in who can help your economy boom...this is big news.
10-21-2020 Intel Guru MarkZ [via PDK] Its been very quiet…It was even quieter than yesterday...I am hopeful we will soon see movement…everyone seems to still be sitting on “GO”...we sit here on the edge of our seats. They have been hiding the dates and rates on purpose for security reasons…
10-21-2020 Newshound Guru Breitling ...A lot of people keep asking me 'Why do you have so much confidence in the Iraqi dinar?' 1. Iraq has the U.S. dollar to back it up. That's the bedrock of Iraq. 2. They can get loans that help them get more dollars. They're selling oil, not only that, they have resources where they can get loans and they get it in the U.S. dollar...I can't wait. It's coming. I promise you...have a plan when it revalues...
10-21-2020 Newshound/Intel Guru Petra ...we've got Mnuchin in the Middle East...At the very same time we've got Kazemi in the European theater. Both are doing business. They're not there for a tea party. They're both there to do business. And that is going to position Iraq into a great opportunity of being the central country for business and trade in the Middle East...yes they are Article 8 but they need to do one more step to be formal and that would be to announce their new rate...
10-21-2020 Intel Guru Frank26 ...IOO the reinstatement of the Iraqi dinar has landed at the CBI. Now you have to be patient and allow them to get everything in order...you have to let them finish what they're doing. They've landed IOO and now they're going to tell the citizens...
10-21-2020 Intel Guru Footforward [what are your thoughts on what the VND May revalue at?...] 5-10 cents has been the expected rate for a long time. But now with Vietnam pulling away from China, I'd expect that to be higher. That's my opinion. Not financial or investment advice.
10-20-2020 Newshound Guru Breitling ...Is Trump or Biden going to have any bearing? No it's not. Even though Trump and Biden might have different strategies, Left or Right no body is trying to give up our trade empire. That's not what's happening. That's not on the table. That's not what's at risk...It's because of that I'm not worried about Iraq...
10-20-2020 Intel Guru Frank26 I've always looked at Saturday and a Sunday... we've adjusted that. We moved it to a Sunday to a Monday...the reason why is because if they do this to the citizens on a Sunday they will rush into the banks in Iraq because the banks are open and they will celebrate and do their thing. Will you be able to do that? No. Not until the next day. Sunday would be their celebration...Monday you can go to the bank...we've adjusted our thinking that when and if and whenever this happens we're looking more for Sunday to Monday kind of a thing...
10-20-2020 Newshound/Intel Guru Petra ...The evidence that they're telling the Iraq people is important because they need to get them into the banks...Iraq is ready to reintroduce themselves...I do believe we are at a point where we're about to cross the goal line. They have given the information out. They've said 'in a few days'...I think they've given a deadline and a date that they want these initiative and these reforms to pass. #2 just as important is the process. They're gonna need the people to go into the bank and exchange their money...that is definitely something that is going to have to happen to make this a success. The way they're educating the people and telling the people through articles it's very clear to me that we're about to cross that line...it definitely is about to unfold.
10-20-2020 Intel Guru MarkZ [via PDK] I don’t even know where to start..things are so crazy. I am still hearing it is before the election. I am being told that all countries expect to be on the new digital monetary system before Oct. 31st...for the most part they have tightened up on any leaks. It’s really hard to get any other news out of the banking centers. I take this as a positive note.
10-20-2020 Newshound Guru Breitling ...when the dinar revalues I'm not gonna stick around...me getting out of the Iraqi dinar when it revalues has nothing to do with my confidence in how far the dinar will go...the reason I have so much confidence in Iraq because I understand the global money system. I understand how it works...
10-20-2020 Intel Guru Frank26 ...they have been educating the citizens since November of last year. November, December, January, February, March, April, May, June July, August, September, October and we have the proof...month after month after month from the coins, from the new small category notes...that drumbeat has not changed...
10-20-2020 Newshound/Intel Guru Petra ...it's very clear what the future holds for Iraq. It can't be any clearer. There is definitely a path, a strategy, a process and now an execution of the process is occurring right in front of us. I'm very encouraged with what I've read...what's very telling to me is not just what's going on in Iraq but look what Kazemi is doing right now. He's on a war path right now going through Europe. He's going to Paris and Berlin and the UK and it's all about internationalism...clearly signing deals and making things happen for the growth of his country...I'm very encouraged...
10-20-2020 Newshound/Intel Guru Mnt Goat ...what is going on these past couple days...To begin with parliament entertained the CBI and they talked about the so-called “White Paper”. Our friend Dr. Shabbi was present and gave a speech about FOATING the dinar...my important point in recent news is that they are actually seriously discussing putting the dinar on a FLOAT. Folks do you know just how good this news is?...I believe they are really going to do it this time... this comes in perfect timing for a January 2021 reinstatement. But...can they even wait that long since they are scrambling now to find solution on how they can meet the October dues and salaries to the citizens. ...Remember the only had secured these dues until September and we are past that already. I know...they always seem to find a solution at the last minute...But I got to tell you this time there is so much positive discussion about doing the float...
10-20-2020 Intel Guru Frank26 I've always looked at Saturday and a Sunday... we've adjusted that. We moved it to a Sunday to a Monday...the reason why is because if they do this to the citizens on a Sunday they will rush into the banks in Iraq because the banks are open and they will celebrate and do their thing. Will you be able to do that? No. Not until the next day. Sunday would be their celebration...Monday you can go to the bank...we've adjusted our thinking that when and if and whenever this happens we're looking more for Sunday to Monday kind of a thing...
10-20-2020 Newshound/Intel Guru Petra ...The evidence that they're telling the Iraq people is important because they need to get them into the banks...Iraq is ready to reintroduce themselves...I do believe we are at a point where we're about to cross the goal line. They have given the information out. They've said 'in a few days'...I think they've given a deadline and a date that they want these initiative and these reforms to pass. #2 just as important is the process. They're gonna need the people to go into the bank and exchange their money...that is definitely something that is going to have to happen to make this a success. The way they're educating the people and telling the people through articles it's very clear to me that we're about to cross that line...it definitely is about to unfold.
10-20-2020 Intel Guru MarkZ [via PDK] I don’t even know where to start..things are so crazy. I am still hearing it is before the election. I am being told that all countries expect to be on the new digital monetary system before Oct. 31st...for the most part they have tightened up on any leaks. It’s really hard to get any other news out of the banking centers. I take this as a positive note.
10-20-2020 Newshound Guru Breitling ...when the dinar revalues I'm not gonna stick around...me getting out of the Iraqi dinar when it revalues has nothing to do with my confidence in how far the dinar will go...the reason I have so much confidence in Iraq because I understand the global money system. I understand how it works...
10-20-2020 Intel Guru Frank26 ...they have been educating the citizens since November of last year. November, December, January, February, March, April, May, June July, August, September, October and we have the proof...month after month after month from the coins, from the new small category notes...that drumbeat has not changed...
10-20-2020 Newshound/Intel Guru Petra ...it's very clear what the future holds for Iraq. It can't be any clearer. There is definitely a path, a strategy, a process and now an execution of the process is occurring right in front of us. I'm very encouraged with what I've read...what's very telling to me is not just what's going on in Iraq but look what Kazemi is doing right now. He's on a war path right now going through Europe. He's going to Paris and Berlin and the UK and it's all about internationalism...clearly signing deals and making things happen for the growth of his country...I'm very encouraged...
10-20-2020 Newshound/Intel Guru Mnt Goat ...what is going on these past couple days...To begin with parliament entertained the CBI and they talked about the so-called “White Paper”. Our friend Dr. Shabbi was present and gave a speech about FOATING the dinar...my important point in recent news is that they are actually seriously discussing putting the dinar on a FLOAT. Folks do you know just how good this news is?...I believe they are really going to do it this time... this comes in perfect timing for a January 2021 reinstatement. But...can they even wait that long since they are scrambling now to find solution on how they can meet the October dues and salaries to the citizens. ...Remember the only had secured these dues until September and we are past that already. I know...they always seem to find a solution at the last minute...But I got to tell you this time there is so much positive discussion about doing the float...
10-19-2020 Intel Guru RAYRen98 WE NOW KNOW PEOPLE WHO HAVE EXCHANGED SO WE KNOW FOLKS ON BOTH SIDES OF THE EQUATION - THOSE GIVING AND THOSE RECEIVING...I AM JUST TELLING YOU THAT WE KNOW SOME ONE PERSONALLY WHO HAS RECEIVED FUNDS...
10-19-2020 Newshound Guru Pimpy Article: "Indicators of the dollar war against the Iraqi dinar...The "latent" foreign currency reserve is a good number" I don't know you guys, man they're kind of skirting the edges here on what looks like an announcement of some type of rate change. Now don't quote me to this but they seem to be skirting that border there very carefully...I can understand why people are kind of bouncing around...I don't want to give people false hope. Don't get overly excited...but I do find it very interesting that these so called rumors are being leaked out by parliament. Very very interesting...until there is an official announcement from the central bank just assume all this is just rumors for now...it's exciting...
10-19-2020 Intel Guru MarkZ ...Most of my banking centers have been very, very quiet…especially IRAQ. I cannot get anything from there. I have reached out to many contacts with no response. I am hoping and praying that is a positive thing. The article in Iraq parliament was supposed to be voted on Saturday in a closed session and I cannot find out what happened…They are dead silent in the sandbox.
10-19-2020 Newshound Guru Jeff ...we're still in a very good position right now...right now we're on a week to week status with this investment. There's a very good chance that the rate change is going to catch us by surprise very simply because the level of news coming out...
10-19-2020 Newshound Guru Pimpy Article: "A director in the central bank sets his forecast for the dollar exchange rate within days and reveals a forthcoming measure" ...the last week or so there's no doubt there's been a lot of chatter. A lot of talks about the exchange rate. It's exciting. Sometimes it's good news. Sometimes it doesn't look like good news...what we want to see is action. Until they make some type of official announcement on the rate change just take everything with a grain of salt... This [article] gives the appearance that they're getting ready to make the rate change...I don't want us to get overly excited until the bank has made an official announcement. Right now they're just saying this is just talk...
10-19-2020 Newshound Guru Kaperoni Iraq central is in a catch 22 of sorts due to corruption and lack of revenue from the financial. Because they use the currency auctions as a means to maintain exchange rate stability as well as provide dollars for Imports, they cannot keep supplying the dollars...without depleting reserves. With no auction the spread/exchange rate collapes. This really messes with monetary policy and requirements of the IMF. Iraq needs to take action within parliament to stop corruption and at the same time make progress towards reforms.
10-19-2020 Intel Guru RayRen98 WAITAMINUTE - DIDN'T KUWAIT DENY REVALUING THEIR CURRENCY...AND THEN REVALUED IT? [They sure did Ray...had some friends who missed out because they said they weren't and did. They had already turned in their currency when it revalued by less than 1 week.]
10-19-2020 Newshound Guru Pimpy Article: "Indicators of the dollar war against the Iraqi dinar...The "latent" foreign currency reserve is a good number" I don't know you guys, man they're kind of skirting the edges here on what looks like an announcement of some type of rate change. Now don't quote me to this but they seem to be skirting that border there very carefully...I can understand why people are kind of bouncing around...I don't want to give people false hope. Don't get overly excited...but I do find it very interesting that these so called rumors are being leaked out by parliament. Very very interesting...until there is an official announcement from the central bank just assume all this is just rumors for now...it's exciting...
10-19-2020 Intel Guru MarkZ ...Most of my banking centers have been very, very quiet…especially IRAQ. I cannot get anything from there. I have reached out to many contacts with no response. I am hoping and praying that is a positive thing. The article in Iraq parliament was supposed to be voted on Saturday in a closed session and I cannot find out what happened…They are dead silent in the sandbox.
10-19-2020 Newshound Guru Jeff ...we're still in a very good position right now...right now we're on a week to week status with this investment. There's a very good chance that the rate change is going to catch us by surprise very simply because the level of news coming out...
10-19-2020 Newshound Guru Pimpy Article: "A director in the central bank sets his forecast for the dollar exchange rate within days and reveals a forthcoming measure" ...the last week or so there's no doubt there's been a lot of chatter. A lot of talks about the exchange rate. It's exciting. Sometimes it's good news. Sometimes it doesn't look like good news...what we want to see is action. Until they make some type of official announcement on the rate change just take everything with a grain of salt... This [article] gives the appearance that they're getting ready to make the rate change...I don't want us to get overly excited until the bank has made an official announcement. Right now they're just saying this is just talk...
10-19-2020 Newshound Guru Kaperoni Iraq central is in a catch 22 of sorts due to corruption and lack of revenue from the financial. Because they use the currency auctions as a means to maintain exchange rate stability as well as provide dollars for Imports, they cannot keep supplying the dollars...without depleting reserves. With no auction the spread/exchange rate collapes. This really messes with monetary policy and requirements of the IMF. Iraq needs to take action within parliament to stop corruption and at the same time make progress towards reforms.
10-19-2020 Intel Guru RayRen98 WAITAMINUTE - DIDN'T KUWAIT DENY REVALUING THEIR CURRENCY...AND THEN REVALUED IT? [They sure did Ray...had some friends who missed out because they said they weren't and did. They had already turned in their currency when it revalued by less than 1 week.]
10-18-2020 Intel Guru Frank26 ...deep in my heart I've always felt that the day we see the HCL within breaths away you will see the new exchange rate...
10-18-2020 Newshound Guru Pimpy ...I cannot tell you why there is so much movement between governments that involve the purchasing of Iraqi dinar. We don't know why but what I can tell you is when I tell you that governments are buying Iraqi dinar they are buy BUYING Iraqi dinar! ...There's a lot of countries that are buying it for some reason. There's rumors that it's going to be the "poor man's" reserve dollar... there's no real "where are we?" It's kind of really up in the air. But IMO it can't stay this low in value. It's impossible. It just can't function this way.
10-18-2020 Intel Guru RayRen98 SATURDAY - BANKERS AND TREASURY HAD ANOTHER "POW WOW" THIS MORNING ... ♪♫•*¨IT'S GETTIN' HOT IN HERE...!!!¨•*♫♪ AFTER WAITING FOR US ALL DAY, BANKERS WENT HOME TODAY DISAPPOINTED...THAT THEY HAVE TO RETURN EARLY IN THE MORNING...GEE, I WONDER WHY? BANK EXCHANGE "CALL CENTER" EMPLOYEES ARE BOTHERED THEY HAD TO WORK TODAY...AND TOMORROW 2. WE'RE GETTING REPORTS THAT BANKING EMPLOYEES ARE BOTHERED ABOUT BEING SHORT-HANDED AND DEALING WITH THOSE WHO ARE NOT COMPLETELY TRAINED. IT IS BELIEVED THAT SOME BANKS (IF NOT ALL) WILL HAVE A "RANGE" OF RATES FOR THE CUSTOMER BASED ON FUTURE COMMITMENTS WITH BANK PRODUCTS AND SERVICING.
10-18-2020 Intel Guru Frank26 ...for the international world of investors for them to see this oil and gas company and the white papers introduced to parliament all in one day it will launch the economic reform in Iraq along with the monetary reform because they will be doing something with that soon and it will also allow them to have the HCL enacted so they can get their percentage rights from the oil and minerals in the ground. I'm excited can't you tell?
10-18-2020 Newshound Guru Pimpy ...I want to show you guys something because it's very important because even in Iraq they're talking about it now...there is a ton of concern about who wins our election... Article: "In Iraq...3 files await the outcome of the U.S. Elections" ...Biden is going to continue Obama's policies...when is the last time we saw a terrorist attack in the United States or even anywhere around the world? How many times has that happened under Trump? Let that sink in for a second...I just wanted to share this news because there is concern. There's a lot of people that really do want Trump to win. They do not want all the terrorist attacks to start up again all around the world...
10-18-2020 Newshound/Intel Guru Mnt Goat Ok so the status of the reinstatement has not changed. We are still waiting for articles to come out to verify earlier news that they are now re-educating the citizens in the newer denominations and coins. It is hard to trust sources even in Iraq as they are lying to us now. So we must verify and double check. Let’s all be patient and see how this plays out. It is mid-October and so we have to see something soon.
10-18-2020 Newshound Guru Pimpy ...I cannot tell you why there is so much movement between governments that involve the purchasing of Iraqi dinar. We don't know why but what I can tell you is when I tell you that governments are buying Iraqi dinar they are buy BUYING Iraqi dinar! ...There's a lot of countries that are buying it for some reason. There's rumors that it's going to be the "poor man's" reserve dollar... there's no real "where are we?" It's kind of really up in the air. But IMO it can't stay this low in value. It's impossible. It just can't function this way.
10-18-2020 Intel Guru RayRen98 SATURDAY - BANKERS AND TREASURY HAD ANOTHER "POW WOW" THIS MORNING ... ♪♫•*¨IT'S GETTIN' HOT IN HERE...!!!¨•*♫♪ AFTER WAITING FOR US ALL DAY, BANKERS WENT HOME TODAY DISAPPOINTED...THAT THEY HAVE TO RETURN EARLY IN THE MORNING...GEE, I WONDER WHY? BANK EXCHANGE "CALL CENTER" EMPLOYEES ARE BOTHERED THEY HAD TO WORK TODAY...AND TOMORROW 2. WE'RE GETTING REPORTS THAT BANKING EMPLOYEES ARE BOTHERED ABOUT BEING SHORT-HANDED AND DEALING WITH THOSE WHO ARE NOT COMPLETELY TRAINED. IT IS BELIEVED THAT SOME BANKS (IF NOT ALL) WILL HAVE A "RANGE" OF RATES FOR THE CUSTOMER BASED ON FUTURE COMMITMENTS WITH BANK PRODUCTS AND SERVICING.
10-18-2020 Intel Guru Frank26 ...for the international world of investors for them to see this oil and gas company and the white papers introduced to parliament all in one day it will launch the economic reform in Iraq along with the monetary reform because they will be doing something with that soon and it will also allow them to have the HCL enacted so they can get their percentage rights from the oil and minerals in the ground. I'm excited can't you tell?
10-18-2020 Newshound Guru Pimpy ...I want to show you guys something because it's very important because even in Iraq they're talking about it now...there is a ton of concern about who wins our election... Article: "In Iraq...3 files await the outcome of the U.S. Elections" ...Biden is going to continue Obama's policies...when is the last time we saw a terrorist attack in the United States or even anywhere around the world? How many times has that happened under Trump? Let that sink in for a second...I just wanted to share this news because there is concern. There's a lot of people that really do want Trump to win. They do not want all the terrorist attacks to start up again all around the world...
10-18-2020 Newshound/Intel Guru Mnt Goat Ok so the status of the reinstatement has not changed. We are still waiting for articles to come out to verify earlier news that they are now re-educating the citizens in the newer denominations and coins. It is hard to trust sources even in Iraq as they are lying to us now. So we must verify and double check. Let’s all be patient and see how this plays out. It is mid-October and so we have to see something soon.
10-17-2020 Intel Guru Frank26 Not only are the citizens soon to have more purchasing power added to their currency but now the citizens will reap the benefit of the country's Oil and Gas revenues...they got their percentage of the oil rights as citizens of Iraq from the HCL. Not only are you going to have a raise in your purchasing power of your currency but you're also going to be getting every month a little something extra too...you're going to become a financial hub in the Middle East...this is Kazemi's and Trumps' work materializing in front of us...
10-17-2020 Newshound Guru Kaperoni Shabibi maintained IMF compliance (2% stability) from late 2011 throughout 2012 prior to announcing his intentions. Currently, under the new governor the spread is now close to 5%. Meeting exchange rate stability is a prerequisite to acceptance into IMF Article VIII. As we have stated before, once in compliance (2% or less) they must maintain it for at least 90 days. Ali al-Alaq maintained stability and the 2% compliance as well for 16 to 18 months and never made the move to Article VIII. Which I assume is part of the reason why he was replaced recently.
10-17-2020 Intel Guru Bruce [via WiserNow] ...things are starting to get very quiet – there are sources that we use to speak to that are under gag orders – there are some that are under non disclosure agreement - it is getting a little tougher to get the type and amount of intel that we had in the past - that in of itself is a good sign...
10-17-2020 Guest Guru StephenMac63 It is, for this reason, I do not see 1 IQD be 1 USD on Forex. I expect more. Yes, it will fluctuate at some point but everyone has to decide how long they want to be in it for. Liberal Hedge Fund firms will take a chance on getting involved with something speculative in hopes of striking it rich. Conservative firms will generally stick with a tried and true process, but they don't make as much, per se. My guess, with the number of people that hold the IQD at this moment, 80+/- percent will exchange at a dollar (if it's even available at that upon entering the International arena)...and it wont take two weeks, probably more like 1 week. OK, more like 4 days max. The other 20 percent will probably exchange a note, set themselves up, pay off bills and start their plan while they wait and watch...just a guess...Imo, of course. [post 3 of 3]
10-17-2020 Guest Guru StephenMac63 Once it's International and if it came out at 1 to 1, Forex would get a hold of this, and the currency market would be in a flurry. The only reason Forex would get a hold of it is because it would be international. With that labeling comes Laws, that offers protection to both Iraq and to International investors. As an International Investor, you would want International protection... and this is offered with the laws. What kind of International Investor would purchase large amounts of IQD once it's International? Hedge Fund Firms...if they see that the IQD is at 1 USD and comes with legal protection, you can bet they would try and buy every single IQD possible because once it hit $4 per IQD (speculative), they would have made 3 dollars profit on a 1 dollar investment. [post 2 of 3....stay tuned]
10-17-2020 Guest Guru StephenMac63 If they RI at 1 to 1...the iqd is already in use inside of the country, what they are looking for is a better value than 1190 it's sitting at now. CBI said the value will be 1 QD will equal 1 USD. That's for the inside of the country. The Reinstatement...thats for Iraq to have bragging rights to the world. This will be seen on Forex, CBI website, and at your local bank. If Iraq was reintroduced to the world at a rate of 1 USD per 1 IQD, what would happen? Yes, many of the Dinarians will jump off the train and head-on with their lives. CBI is expecting that in any case. But more importantly, there were several laws that were put into place...and this allowed them to be International...of which has more value than being under sanctions, therefore, it's highly probable that we won't ever see 1 to 1. Iraq will always see, in-country, that 1 USD is 1 IQD. But it's the value that counts. [post 1 of 3....stay tuned]
10-17-2020 Intel Guru Frank26 ...who controls the oil and the gas sales in Iraq? Well now it's a partnership...it was established because of what Kazemi did that he was told to do by Donald Trump. And that's just gas and oil. Wait till you hear the rest of the minerals...this will stop all the corruption in the oil industry of Iraq...Isn't that wonderful. Let me see, 'Kazemi go back home and get rid of Iranian influence before you raise the value of your currency...' That's why you wanted the HCL...because it requires a new rate. This will stop all corruption in the oil and gas industry of Iraq and Iran you lose.
10-17-2020 Newshound Guru MilitiaMan Article: "The government intends to apply income tax to salaries and allowances, starting from the current month" ...there are many things showing up that equate to more pressure. This would be one of them...Putting taxes on them without Purchasing Power? That will not fly...imo!
10-17-2020 Newshound Guru Kaperoni Shabibi maintained IMF compliance (2% stability) from late 2011 throughout 2012 prior to announcing his intentions. Currently, under the new governor the spread is now close to 5%. Meeting exchange rate stability is a prerequisite to acceptance into IMF Article VIII. As we have stated before, once in compliance (2% or less) they must maintain it for at least 90 days. Ali al-Alaq maintained stability and the 2% compliance as well for 16 to 18 months and never made the move to Article VIII. Which I assume is part of the reason why he was replaced recently.
10-17-2020 Intel Guru Bruce [via WiserNow] ...things are starting to get very quiet – there are sources that we use to speak to that are under gag orders – there are some that are under non disclosure agreement - it is getting a little tougher to get the type and amount of intel that we had in the past - that in of itself is a good sign...
10-17-2020 Guest Guru StephenMac63 It is, for this reason, I do not see 1 IQD be 1 USD on Forex. I expect more. Yes, it will fluctuate at some point but everyone has to decide how long they want to be in it for. Liberal Hedge Fund firms will take a chance on getting involved with something speculative in hopes of striking it rich. Conservative firms will generally stick with a tried and true process, but they don't make as much, per se. My guess, with the number of people that hold the IQD at this moment, 80+/- percent will exchange at a dollar (if it's even available at that upon entering the International arena)...and it wont take two weeks, probably more like 1 week. OK, more like 4 days max. The other 20 percent will probably exchange a note, set themselves up, pay off bills and start their plan while they wait and watch...just a guess...Imo, of course. [post 3 of 3]
10-17-2020 Guest Guru StephenMac63 Once it's International and if it came out at 1 to 1, Forex would get a hold of this, and the currency market would be in a flurry. The only reason Forex would get a hold of it is because it would be international. With that labeling comes Laws, that offers protection to both Iraq and to International investors. As an International Investor, you would want International protection... and this is offered with the laws. What kind of International Investor would purchase large amounts of IQD once it's International? Hedge Fund Firms...if they see that the IQD is at 1 USD and comes with legal protection, you can bet they would try and buy every single IQD possible because once it hit $4 per IQD (speculative), they would have made 3 dollars profit on a 1 dollar investment. [post 2 of 3....stay tuned]
10-17-2020 Guest Guru StephenMac63 If they RI at 1 to 1...the iqd is already in use inside of the country, what they are looking for is a better value than 1190 it's sitting at now. CBI said the value will be 1 QD will equal 1 USD. That's for the inside of the country. The Reinstatement...thats for Iraq to have bragging rights to the world. This will be seen on Forex, CBI website, and at your local bank. If Iraq was reintroduced to the world at a rate of 1 USD per 1 IQD, what would happen? Yes, many of the Dinarians will jump off the train and head-on with their lives. CBI is expecting that in any case. But more importantly, there were several laws that were put into place...and this allowed them to be International...of which has more value than being under sanctions, therefore, it's highly probable that we won't ever see 1 to 1. Iraq will always see, in-country, that 1 USD is 1 IQD. But it's the value that counts. [post 1 of 3....stay tuned]
10-17-2020 Intel Guru Frank26 ...who controls the oil and the gas sales in Iraq? Well now it's a partnership...it was established because of what Kazemi did that he was told to do by Donald Trump. And that's just gas and oil. Wait till you hear the rest of the minerals...this will stop all the corruption in the oil industry of Iraq...Isn't that wonderful. Let me see, 'Kazemi go back home and get rid of Iranian influence before you raise the value of your currency...' That's why you wanted the HCL...because it requires a new rate. This will stop all corruption in the oil and gas industry of Iraq and Iran you lose.
10-17-2020 Newshound Guru MilitiaMan Article: "The government intends to apply income tax to salaries and allowances, starting from the current month" ...there are many things showing up that equate to more pressure. This would be one of them...Putting taxes on them without Purchasing Power? That will not fly...imo!
10-16-2020 Intel Guru Bruce [via WiserNow] ...we should see something in the beginning or middle of next week – for us – this is the latest and most accurate information that we received today...I told you...that we were to start and go through the end of October – I still believe that will be the case for us... Realistically this is a process that we’re in the middle of...
10-16-2020 Newshound Guru Pimpy ...there's more exchange rate talk. But it's just conversation for now...they didn't say this is being implemented. Again this is a discussion...
10-16-2020 Intel Guru Frank26 The HCL - It's a law of the National Oil Company. It has 4 major laws in it...the last line item law that they have been working on to complete at least for 17 years...It's the biggest law in contention - basically asking, Who controls the oil and gas in Iraq? Who distributes the profits that belong to the citizens?...who's in charge of doing this? Now what happened [Tuesday]...this is to remove any distinction between Kurdistan and Baghdad. The question of who is going to control the oil and gas revenues coming into Iraq is now established...it's going to give birth to the Hydrocarbon Law...that is huge. That is tremendously important in order for them to give a date and the rate.
10-16-2020 Newshound Guru MilitiaMan Article: "Central Bank Governor: We Have Started Implementing The Banking Sector Reform Plan" Article Quote: "He cautioned that "reducing the value of the dinar will create real competition and activate the industrial and agricultural sectors in Iraq." The Prime Minister spoke about competition. The Finance Minister spoke about competition. Now the CBI Governor is speaking about competition. Competition is a key component of a market economy. Looks like the Central Bank of Iraq has had the ear to the IMF. The reform paper terms are initiated now.. The terms or basis has to be applied when international. That is all about what is expected next as in what is to follow.. Yep, that is implementation of the basis.. Read rate or value.. Either works for me.
10-16-2020 Intel Guru MarkZ [via PDK] ...Iraq contacts are still very confident we will see some kind of vote over the weekend that allow us to move forward with a new value…I hope they are right... Noone knows the exact timing so just hang on and moderate your expectations.
10-16-2020 Intel Guru Frank26 ...I bought my dinars in 2004 so that's 16 almost going on 17 years now and I remember way way way back then somebody said to me 'Frank the day that you see the HCL for the citizens of Iraq in the next breath you will see the new exchange rate'...17 years has gone by and [Tuesday] my teams finally saw the HCL...What did I say IMO was inside of the 'white papers'? The rate - How much they're going to value it when they lift the 3 zeros form their exchange rate and the date of when they're going to announce this to the citizens of Iraq. What else did I say the white papers contained? The HCL. Wow...no wonder those white papers make sense...
10-16-2020 Newshound Guru Kaperoni I can factually say that in 2013 Iraq was about to float the Iraqi dinar. There was directives from the IMF, Shabibi announced he was about to begin reforms after 14 months of stability and I was present at a market maker's facility where a trading platform was constructed. All in support of floating the dinar as stated in the IMF Article IV Consultation. This is the process and this is how monetary policy works. After many years and corruption and lack of success, Iraq needs to implement economic reforms and get back to this process.
10-16-2020 Newshound Guru MilitiaMan ...When they say "reducing the value of the Dinar", they mean the reduction of the three zeros from the exchange rate. They are not going to be devaluing the currency. By "reducing the zeros from the exchange rate" (raise the value) allows them to go into the or a market economy where the real competition is. It will activate the industrial and agricultural sectors when doing so. imo...This supports they are at that final stage to set that gem in place. ...It is the FINAL REPORT and they are now to have or have presented the necessary legislation to proceed with implementation procedures. This is very good indeed! I suspect they have every intention now with all the work done and sorted accordingly, we are in a very good place to see the golden ring. ~ imo.
10-16-2020 Newshound Guru Pimpy ...there's more exchange rate talk. But it's just conversation for now...they didn't say this is being implemented. Again this is a discussion...
10-16-2020 Intel Guru Frank26 The HCL - It's a law of the National Oil Company. It has 4 major laws in it...the last line item law that they have been working on to complete at least for 17 years...It's the biggest law in contention - basically asking, Who controls the oil and gas in Iraq? Who distributes the profits that belong to the citizens?...who's in charge of doing this? Now what happened [Tuesday]...this is to remove any distinction between Kurdistan and Baghdad. The question of who is going to control the oil and gas revenues coming into Iraq is now established...it's going to give birth to the Hydrocarbon Law...that is huge. That is tremendously important in order for them to give a date and the rate.
10-16-2020 Newshound Guru MilitiaMan Article: "Central Bank Governor: We Have Started Implementing The Banking Sector Reform Plan" Article Quote: "He cautioned that "reducing the value of the dinar will create real competition and activate the industrial and agricultural sectors in Iraq." The Prime Minister spoke about competition. The Finance Minister spoke about competition. Now the CBI Governor is speaking about competition. Competition is a key component of a market economy. Looks like the Central Bank of Iraq has had the ear to the IMF. The reform paper terms are initiated now.. The terms or basis has to be applied when international. That is all about what is expected next as in what is to follow.. Yep, that is implementation of the basis.. Read rate or value.. Either works for me.
10-16-2020 Intel Guru MarkZ [via PDK] ...Iraq contacts are still very confident we will see some kind of vote over the weekend that allow us to move forward with a new value…I hope they are right... Noone knows the exact timing so just hang on and moderate your expectations.
10-16-2020 Intel Guru Frank26 ...I bought my dinars in 2004 so that's 16 almost going on 17 years now and I remember way way way back then somebody said to me 'Frank the day that you see the HCL for the citizens of Iraq in the next breath you will see the new exchange rate'...17 years has gone by and [Tuesday] my teams finally saw the HCL...What did I say IMO was inside of the 'white papers'? The rate - How much they're going to value it when they lift the 3 zeros form their exchange rate and the date of when they're going to announce this to the citizens of Iraq. What else did I say the white papers contained? The HCL. Wow...no wonder those white papers make sense...
10-16-2020 Newshound Guru Kaperoni I can factually say that in 2013 Iraq was about to float the Iraqi dinar. There was directives from the IMF, Shabibi announced he was about to begin reforms after 14 months of stability and I was present at a market maker's facility where a trading platform was constructed. All in support of floating the dinar as stated in the IMF Article IV Consultation. This is the process and this is how monetary policy works. After many years and corruption and lack of success, Iraq needs to implement economic reforms and get back to this process.
10-16-2020 Newshound Guru MilitiaMan ...When they say "reducing the value of the Dinar", they mean the reduction of the three zeros from the exchange rate. They are not going to be devaluing the currency. By "reducing the zeros from the exchange rate" (raise the value) allows them to go into the or a market economy where the real competition is. It will activate the industrial and agricultural sectors when doing so. imo...This supports they are at that final stage to set that gem in place. ...It is the FINAL REPORT and they are now to have or have presented the necessary legislation to proceed with implementation procedures. This is very good indeed! I suspect they have every intention now with all the work done and sorted accordingly, we are in a very good place to see the golden ring. ~ imo.
10-15-2020 Newshound Guru Pimpy ...there is a lot going on in Iraq and some of the announcement that I told you would be coming this week seems to be coming out now. Which is good...they're happening at neck break speed. It's crazy...
10-15-2020 Intel Guru MarkZ I am seeing a lot of disclosure so feeling good that we well may see it in October. Nobody really knows the exact date. I believe we have an excellent chance of seeing it after this weekend.
10-15-2020 Newshound Guru Adam Montana Article: "There is no alternative for Kurdistan but an agreement with Baghdad" - and that is 100% truth. This boils all the way into the HCL (Hydro Carbon Law) which is a necessary component for the RV. One of the most common questions on the HCL is whether or not it needs/must be done before the RV. The answer is...it must happen really really close to the same time. Either immediately (minutes/hours, not days or weeks) before, during, or after. Minutes or hours...not days or weeks. That is key. The HCL is, in layman's terms, a profit sharing agreement between the Kurds and Baghdad - two major portions of Iraq. Without a profit sharing agreement, they won't raise the value. ...Go HCL - Go Dinar - GO RRRVVV!!!
[post 2 of 2]
10-15-2020 Newshound Guru Adam Montana ...Parliament is in session, although with the exception of this mention of "White Papers" it would appear that nothing spectacular is happening. I'm not reading anything into the "White Papers"...They aren't going to announce "hi we plan to raise the rate next week lolz" - that's just not the way this works. They would lose the chance to capitalize on the RV, and they simply aren't going to do that. So, what IS encouraging?... [post 1 of 2....stay tuned]
10-15-2020 Intel Guru MarkZ [via PDK] [What are the white papers?] They are the economic reforms/monetary reforms in Iraq. Part of them passed on Tuesday…other articles have passed throughout the week. I am told the article we need is to be voted on is this Saturday. I was told clearly from people on the ground over there that there is not a rate yet and are looking for that in the Saturday vote.
10-15-2020 Newshound Guru Jeff ...the reforms made it to parliament yesterday. But they still have not told you when they're gonna start the approval. And now Article 140 again. All of these are post rate change. They cannot start the approval process until the rate has changed...everything is waiting on the rate change...getting better by the day...
10-15-2020 Intel Guru Frank26 ...the atmosphere in Iraq is thick with the monetary reform success...With the white papers that contain the new exchange rate, the date when they want to announce it. That's why parliament is going to see it...
10-15-2020 Intel Guru Footforward Article: "Iraq proposes New Jointly Managed Oil Company for Kurdistan" The joint oil company is a VERY big deal...Baghdad and the Kurds have to work together. The Kurds have the majority of the wealth. So without them working together there is no rv.
10-15-2020 Intel Guru Bruce [via WiserNow] We know that from Iraq’s point of view they had some White Papers that were to be delivered...to the parliament with the rate of the Iraqi dinar in that paper work... So when we look at what is occurring – and where we are – we believe we are getting down to it...we understand is the President wanted this to go 6 weeks before the election...There’s definitely a “Hush” out there...more and more people are under NDA’s and are also under GAG Order...everything is good – everything is ready...everybody is in a situation right now of expectation for this to come through – don’t know what day – of course we’re hearing “this is our week”...don’t worry about the rates – they will be great...
10-15-2020 Intel Guru MarkZ I am seeing a lot of disclosure so feeling good that we well may see it in October. Nobody really knows the exact date. I believe we have an excellent chance of seeing it after this weekend.
10-15-2020 Newshound Guru Adam Montana Article: "There is no alternative for Kurdistan but an agreement with Baghdad" - and that is 100% truth. This boils all the way into the HCL (Hydro Carbon Law) which is a necessary component for the RV. One of the most common questions on the HCL is whether or not it needs/must be done before the RV. The answer is...it must happen really really close to the same time. Either immediately (minutes/hours, not days or weeks) before, during, or after. Minutes or hours...not days or weeks. That is key. The HCL is, in layman's terms, a profit sharing agreement between the Kurds and Baghdad - two major portions of Iraq. Without a profit sharing agreement, they won't raise the value. ...Go HCL - Go Dinar - GO RRRVVV!!!
[post 2 of 2]
10-15-2020 Newshound Guru Adam Montana ...Parliament is in session, although with the exception of this mention of "White Papers" it would appear that nothing spectacular is happening. I'm not reading anything into the "White Papers"...They aren't going to announce "hi we plan to raise the rate next week lolz" - that's just not the way this works. They would lose the chance to capitalize on the RV, and they simply aren't going to do that. So, what IS encouraging?... [post 1 of 2....stay tuned]
10-15-2020 Intel Guru MarkZ [via PDK] [What are the white papers?] They are the economic reforms/monetary reforms in Iraq. Part of them passed on Tuesday…other articles have passed throughout the week. I am told the article we need is to be voted on is this Saturday. I was told clearly from people on the ground over there that there is not a rate yet and are looking for that in the Saturday vote.
10-15-2020 Newshound Guru Jeff ...the reforms made it to parliament yesterday. But they still have not told you when they're gonna start the approval. And now Article 140 again. All of these are post rate change. They cannot start the approval process until the rate has changed...everything is waiting on the rate change...getting better by the day...
10-15-2020 Intel Guru Frank26 ...the atmosphere in Iraq is thick with the monetary reform success...With the white papers that contain the new exchange rate, the date when they want to announce it. That's why parliament is going to see it...
10-15-2020 Intel Guru Footforward Article: "Iraq proposes New Jointly Managed Oil Company for Kurdistan" The joint oil company is a VERY big deal...Baghdad and the Kurds have to work together. The Kurds have the majority of the wealth. So without them working together there is no rv.
10-15-2020 Intel Guru Bruce [via WiserNow] We know that from Iraq’s point of view they had some White Papers that were to be delivered...to the parliament with the rate of the Iraqi dinar in that paper work... So when we look at what is occurring – and where we are – we believe we are getting down to it...we understand is the President wanted this to go 6 weeks before the election...There’s definitely a “Hush” out there...more and more people are under NDA’s and are also under GAG Order...everything is good – everything is ready...everybody is in a situation right now of expectation for this to come through – don’t know what day – of course we’re hearing “this is our week”...don’t worry about the rates – they will be great...
10-14-2020 Newshound/Intel Guru Mnt Goat Since in the process the IMF plans to re-peg the dinar to a basket of currencies. In doing this they will reinstate the dinar and put it on a float within the basket. They have to do this. They have no choice if they are to carry out the process to completion once they begin it. At this time a new rate will be assigned according to the basket of currencies. If anyone travels outside of Iraq and needs US, they will exchange 1 dinar using the new rate of the basket for USD. Iraq plans to continue to use dinar inside Iraq not US dollar. So, inside Iraq if the value of the dinar is higher and buys more than why would you want to use the dollar? But the dollar is universal and demand is higher outside of Iraq . So, they must watch for inflation upon this transition period first. [post 2 of 2]
10-14-2020 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE EXCLUDES RAISING THE EXCHANGE RATE OF THE DOLLAR IN ORDER TO COMPENSATE FOR OIL LOSSES" ...so this article is telling us the CBI is NOT going to devalue the dinar as raising the value of the dollar against the dinar would do this. This is good news. But now do the revalue the dinar then against the dollar? ...I have told you this many times already that there will NOT be a revaluation of the dinar of any sort in Iraq . Instead they will only transition the dinar to the lower denominations initially keeping the exact same value only having dropped the zeros from the currency. So, a 25,000 dinar note will become the new 25 dinar note. A 25,000 dinar note today is worth about 25 USD on the de facto peg. Thus, the new 25 dinar note would be worth 25 USD but this is no longer on the de facto peg and that is where people get confused. But this is in Iraq only. [post 1 of 2....stay tuned]
10-14-2020 Intel Guru Frank26 [Iraqi citizens] They already told you the rate was going to be 1 to 1 on par with the American dollar. You already know your rate. When is this rate going to be given to these new small category notes...? When you go into the banks and they show you the new small category notes they will also show you the new exchange rate with them...both of them will be showed to you at the same time...it's exciting Iraqi citizens IMO of what's going on in your country. I'm excited for you...this is the next step.
10-14-2020 Intel Guru MarkZ [via PDK] So much is happening…I am hearing the vote on the HCL or article 140 is expected on Saturday in Iraq. Voting on a Saturday for them is unusual. It rarely happens…They are actually going to be in session this weekend as they move forward with their economic reforms. There is a lot to watch... [white papers didn't mention date and a rate.] I am told out of the sandbox that they specifically did not mention it because they are trying to buy a few days for disclosure and plan on voting on that this Saturday. My Iraqi contacts very much believe that we will see the new rate by the end of the weekend...i am still of the mindset that they will get it out in October.
10-14-2020 Intel Guru Footforward [...about Article 140...are they having meetings about gitting it done or did they get it done?] It's my opinion article 140 was passed years ago and implemented about a week ago by the PM. I'd dare to say that article 140 is more important then the white papers. Without article 140 we won't even have need for white papers because the Kurds would leave Iraq. Then there would be no RV.
10-14-2020 Newshound Guru Pimpy ...the reform papers have been submitted for review. Not implementation. They're telling you they need to review it and then prepare a presentation to give to parliament...so now they have the paperwork. They need to review it before they present it to parliament. I have a strange feeling that this presentation might not happen until after the elections. That has nothing to do with whether or not they're going to do anything about the exchange rate...if they wanted to for whatever reason they can change the exchange rate without the white papers or reform papers being implemented ...their number 1 goal right now is to focus on early elections...
10-14-2020 Newshound Guru Jeff ...Article: "In details ... Al-Kazemi's white paper reaches the Iraqi Parliament" Quote: "a parliamentary source said that the government reform paper had reached the Iraqi parliament for a vote." ...the odds are parliament will not be allowed to start the approval process of the reforms until Sunday the 18th at the earliest. Watch their patterns...the reforms you know for a fact are married to the rate change.
10-14-2020 Intel Guru Frank26 [Iraqi citizens]...please go to the banks. I actually thought they were going to tell you this last Thursday. Yeah, to go to the banks. Maybe this week? Maybe next week. But the thing though, Iraqi citizens, you know they are about to call you into the banks. And you know IMO what they are going to show you. You're all excited about it. The monetary reform is at a stage right now where it must succeed with the Iraqi citizens. This is the final step of the monetary reform...citizens they are about to to come into the banks of Iraq. What they are going to do is show you these big blown up picture of the new currency...
10-14-2020 Newshound Guru MilitiaMan We see the White Papers are today issued accordingly. We wait and see the details within them. I'll bet the world is watching...imo They know from all that Iraq has spoken about of late and in DC... Game on! imo.
10-14-2020 Intel Guru Footforward I would exercise some caution over a rate being posted in the Gazette. I can't fathom they would post a real rate in there before the actual RV has happened.
10-14-2020 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE EXCLUDES RAISING THE EXCHANGE RATE OF THE DOLLAR IN ORDER TO COMPENSATE FOR OIL LOSSES" ...so this article is telling us the CBI is NOT going to devalue the dinar as raising the value of the dollar against the dinar would do this. This is good news. But now do the revalue the dinar then against the dollar? ...I have told you this many times already that there will NOT be a revaluation of the dinar of any sort in Iraq . Instead they will only transition the dinar to the lower denominations initially keeping the exact same value only having dropped the zeros from the currency. So, a 25,000 dinar note will become the new 25 dinar note. A 25,000 dinar note today is worth about 25 USD on the de facto peg. Thus, the new 25 dinar note would be worth 25 USD but this is no longer on the de facto peg and that is where people get confused. But this is in Iraq only. [post 1 of 2....stay tuned]
10-14-2020 Intel Guru Frank26 [Iraqi citizens] They already told you the rate was going to be 1 to 1 on par with the American dollar. You already know your rate. When is this rate going to be given to these new small category notes...? When you go into the banks and they show you the new small category notes they will also show you the new exchange rate with them...both of them will be showed to you at the same time...it's exciting Iraqi citizens IMO of what's going on in your country. I'm excited for you...this is the next step.
10-14-2020 Intel Guru MarkZ [via PDK] So much is happening…I am hearing the vote on the HCL or article 140 is expected on Saturday in Iraq. Voting on a Saturday for them is unusual. It rarely happens…They are actually going to be in session this weekend as they move forward with their economic reforms. There is a lot to watch... [white papers didn't mention date and a rate.] I am told out of the sandbox that they specifically did not mention it because they are trying to buy a few days for disclosure and plan on voting on that this Saturday. My Iraqi contacts very much believe that we will see the new rate by the end of the weekend...i am still of the mindset that they will get it out in October.
10-14-2020 Intel Guru Footforward [...about Article 140...are they having meetings about gitting it done or did they get it done?] It's my opinion article 140 was passed years ago and implemented about a week ago by the PM. I'd dare to say that article 140 is more important then the white papers. Without article 140 we won't even have need for white papers because the Kurds would leave Iraq. Then there would be no RV.
10-14-2020 Newshound Guru Pimpy ...the reform papers have been submitted for review. Not implementation. They're telling you they need to review it and then prepare a presentation to give to parliament...so now they have the paperwork. They need to review it before they present it to parliament. I have a strange feeling that this presentation might not happen until after the elections. That has nothing to do with whether or not they're going to do anything about the exchange rate...if they wanted to for whatever reason they can change the exchange rate without the white papers or reform papers being implemented ...their number 1 goal right now is to focus on early elections...
10-14-2020 Newshound Guru Jeff ...Article: "In details ... Al-Kazemi's white paper reaches the Iraqi Parliament" Quote: "a parliamentary source said that the government reform paper had reached the Iraqi parliament for a vote." ...the odds are parliament will not be allowed to start the approval process of the reforms until Sunday the 18th at the earliest. Watch their patterns...the reforms you know for a fact are married to the rate change.
10-14-2020 Intel Guru Frank26 [Iraqi citizens]...please go to the banks. I actually thought they were going to tell you this last Thursday. Yeah, to go to the banks. Maybe this week? Maybe next week. But the thing though, Iraqi citizens, you know they are about to call you into the banks. And you know IMO what they are going to show you. You're all excited about it. The monetary reform is at a stage right now where it must succeed with the Iraqi citizens. This is the final step of the monetary reform...citizens they are about to to come into the banks of Iraq. What they are going to do is show you these big blown up picture of the new currency...
10-14-2020 Newshound Guru MilitiaMan We see the White Papers are today issued accordingly. We wait and see the details within them. I'll bet the world is watching...imo They know from all that Iraq has spoken about of late and in DC... Game on! imo.
10-14-2020 Intel Guru Footforward I would exercise some caution over a rate being posted in the Gazette. I can't fathom they would post a real rate in there before the actual RV has happened.
10-13-2020 Newshound/Intel Guru Mnt Goat Not much has changed since last week except that the “white paper” has been finally sent to parliament. It does include reforms with the ending of the currency auctions and the “project to delete the zeros”. So, this is all very good news for us. We have already heard that the re-education process is underway but I am still waiting for confirmation on this with solid proof from articles in the news media. So hold that thought… We may be heading for a January 2021 reinstatement after all.
10-13-2020 Newshound Guru Pimpy I do have a legitimate true insider. I just don't talk about him. You know who he is. I'm not gong to say by name. We talk like 5 times a week...we became really good friends...one of the things I did get permission to talk about because it was mentioned in passing was...you can confirm the [lower denoms] do exist and they are there...we have no date on when these things are going to be released. We have no idea. I could confirm indeed the lower denominations are there...they're real...
10-13-2020 Intel Guru MarkZ [via PDK] [do you think we will RV before the election?] At this point - yes…i think we will RV before the election. Keep in mind this is not just an American event…it involves all the countries of the world.
10-13-2020 Intel Guru Footforward [are you hearing anything about white papers being agreed to?] I believe the white papers outline a plan that's being followed already. I think what they were voting on was the implementation of the financial reform. To me if they have implemented article 140, (which I believe they have) the RV can't be far behind. Article 140 to me is more telling then the white papers. White papers are a plan. Article 140 is evidence the plan is moving forward in my opinion because article 140 is absolutely useless with out an RV. So my long winded answer is yes. But I think this vote was only to vote on what the white paper suggests for financial reform. For some of you who are newer, article 140 is something we have been watching for, for nearly a decade.
10-13-2020 Intel Guru Frank26 & Newshound/Intel Guru Walkingstick ...the flow of information of the monetary reform is already happening...the monetary reform itself, the reinstatement of the Iraqi dinar, all the mathematics, all the laws, everything that is needed in order to introduce, to announce, the new exchange rate, the new small category notes is all in place. In fact it's not only in place it's already functioning...that's why you wonder none of this makes sense...this information is coming out, has been coming out and the information coming out right now is the end and there's no stopping this information to the citizens. There's no stopping it...there's not stopping the information about to come out to the citizens...
10-13-2020 Intel Guru MarkZ [via PDK] All eyes are on Iraq right now…hoping for a vote on the “White papers”. [the white papers have been approved] Then this could be huge for us in the morning. I do not know what that means for the rollout- there is a lot of smoke surrounding it. I am being told there may be a day or 2 delay...It is still expected mid-week though… [I heard the rate was in the Gazette in iraq.] Not yet…the Gazette will be printed on Wed (tomorrow) or Saturday. There is a whole lot of chatter and they expect the rate tomorrow in the Gazette. So cross your fingers and watch it closely.
10-13-2020 Newshound Guru Pimpy ...what does that mean - Raising the dollar against the dinar? ...that would be bad for us. That means they would increase the number of dinars you get against the US dollar. We don't want that. We want them to decrease the number of dinars we get for every US dollar to the point where now they increase the number of dollars you get verses dinar. There was some confusion in here. When they're saying 'raising a dollar against the dinar' that's devaluing the dinar. We don't want that...raising the dinar against the dollar is increasing the value of the dinar and devaluing the value of the dollar...don't get them confused...
10-13-2020 Intel Guru Frank26 ...IMO we are already there. Kinda shocking isn't it? To say something like that...I don't say things lackadaisically. They have a reason. They have a purpose. They also have a lot of time and study behind it. What they're doing is going about the business of giving it to the citizens...
10-13-2020 Intel Guru Footforward Article: "Parliamentary Finance and the Central Bank Governor discuss the "white paper" and foreign reserves" Quote: "the Central Bank foreign currency reserves amount to 52 billion dollars and Iraq will be in danger if it falls to 20 billion." It's amazing they even have 52 billion left. [...real close I believe.] I share that opinion.
10-13-2020 Guest Guru sheila Lot's of articles about White Papers. Good sign. Don't know exactly what they contain. White Paper is big indicator for economic reforms. Budget figures within. Big question is if the budget figures are in billions or trillions. Billions - new rate. Trillions - program rate. No access to content. Just know that White Papers mean good business is about to happen...World will know very soon what they contain. When it goes to Parliament, if White Papers are not released, they certainly will be leaked.
10-13-2020 Newshound Guru Pimpy I do have a legitimate true insider. I just don't talk about him. You know who he is. I'm not gong to say by name. We talk like 5 times a week...we became really good friends...one of the things I did get permission to talk about because it was mentioned in passing was...you can confirm the [lower denoms] do exist and they are there...we have no date on when these things are going to be released. We have no idea. I could confirm indeed the lower denominations are there...they're real...
10-13-2020 Intel Guru MarkZ [via PDK] [do you think we will RV before the election?] At this point - yes…i think we will RV before the election. Keep in mind this is not just an American event…it involves all the countries of the world.
10-13-2020 Intel Guru Footforward [are you hearing anything about white papers being agreed to?] I believe the white papers outline a plan that's being followed already. I think what they were voting on was the implementation of the financial reform. To me if they have implemented article 140, (which I believe they have) the RV can't be far behind. Article 140 to me is more telling then the white papers. White papers are a plan. Article 140 is evidence the plan is moving forward in my opinion because article 140 is absolutely useless with out an RV. So my long winded answer is yes. But I think this vote was only to vote on what the white paper suggests for financial reform. For some of you who are newer, article 140 is something we have been watching for, for nearly a decade.
10-13-2020 Intel Guru Frank26 & Newshound/Intel Guru Walkingstick ...the flow of information of the monetary reform is already happening...the monetary reform itself, the reinstatement of the Iraqi dinar, all the mathematics, all the laws, everything that is needed in order to introduce, to announce, the new exchange rate, the new small category notes is all in place. In fact it's not only in place it's already functioning...that's why you wonder none of this makes sense...this information is coming out, has been coming out and the information coming out right now is the end and there's no stopping this information to the citizens. There's no stopping it...there's not stopping the information about to come out to the citizens...
10-13-2020 Intel Guru MarkZ [via PDK] All eyes are on Iraq right now…hoping for a vote on the “White papers”. [the white papers have been approved] Then this could be huge for us in the morning. I do not know what that means for the rollout- there is a lot of smoke surrounding it. I am being told there may be a day or 2 delay...It is still expected mid-week though… [I heard the rate was in the Gazette in iraq.] Not yet…the Gazette will be printed on Wed (tomorrow) or Saturday. There is a whole lot of chatter and they expect the rate tomorrow in the Gazette. So cross your fingers and watch it closely.
10-13-2020 Newshound Guru Pimpy ...what does that mean - Raising the dollar against the dinar? ...that would be bad for us. That means they would increase the number of dinars you get against the US dollar. We don't want that. We want them to decrease the number of dinars we get for every US dollar to the point where now they increase the number of dollars you get verses dinar. There was some confusion in here. When they're saying 'raising a dollar against the dinar' that's devaluing the dinar. We don't want that...raising the dinar against the dollar is increasing the value of the dinar and devaluing the value of the dollar...don't get them confused...
10-13-2020 Intel Guru Frank26 ...IMO we are already there. Kinda shocking isn't it? To say something like that...I don't say things lackadaisically. They have a reason. They have a purpose. They also have a lot of time and study behind it. What they're doing is going about the business of giving it to the citizens...
10-13-2020 Intel Guru Footforward Article: "Parliamentary Finance and the Central Bank Governor discuss the "white paper" and foreign reserves" Quote: "the Central Bank foreign currency reserves amount to 52 billion dollars and Iraq will be in danger if it falls to 20 billion." It's amazing they even have 52 billion left. [...real close I believe.] I share that opinion.
10-13-2020 Guest Guru sheila Lot's of articles about White Papers. Good sign. Don't know exactly what they contain. White Paper is big indicator for economic reforms. Budget figures within. Big question is if the budget figures are in billions or trillions. Billions - new rate. Trillions - program rate. No access to content. Just know that White Papers mean good business is about to happen...World will know very soon what they contain. When it goes to Parliament, if White Papers are not released, they certainly will be leaked.
10-12-2020 Newshound Guru Breitling It's not going to stop the revaluation it's going to make it quicker...I'm not worried about the value going up. That's easy...for people asking how long can I stay in there...? You don't want to stay in there very long. You want to get out. Let me be very very clear. It's not because I know what's going to happen. I'm getting out because I don't know what's going to happen...I know they have to add value to their currency but when I get out I'll put it into markets where I know there's more of a guarantee of a return...so when we go to exchange, I'm getting out...as soon as it revalues and getting into a different market. That's my opinion.
10-12-2020 Newshound Guru MilitiaMan To enhance the exchange rate (mechanism) will create the environment for the Iraq country to go into the market economy where they can be competitive through secondary markets. ...Did they raise the rate (mechanism) and not tell us yet or did they just within what is in the above and below past tense data? Starting to look that way...imo They have the money to pay all four months without borrowing because they have raised the rate? Lets see what the White Papers have to say... The citizens were shown conceptual notes, did they not on the day they said the first step of reforms began on 10/05/2020? They did...imo! [post 2 of 2]
10-12-2020 Newshound Guru MilitiaMan Article: "In the document ... important figures in the law on financing the fiscal deficit that reached Parliament today" What I find interesting is they speak of 4 months salaries. They haven't paid the salaries for September, yet. That is very interesting, as they told us they would. Why have they not? Well, imo the rate at which they get paid and in an equivalency is in need. They had to make amendments to the budget law. By not paying the last four months, shows they have an intention to pay but, with an amended budget law for 2020. A substitutive. I'll bet the White Papers know full well what the substitute is and they are to be out Tuesday the 13th. It enhances the government revenues to fulfill it's obligations to the citizens. [post 1 of 2....stay tuned]
10-12-2020 Newshound Guru Breitling ...I'm not telling anybody what to do...[What would you do?] I'm getting out. I'm going to exchange [when it revalues] and I'm going to get out...
10-12-2020 Intel Guru MarkZ [via PDK] [Anything new on rates?] still hearing street rates on the dinar are $3.70-$3.80. with contract rates around $8. We did start to see chatter about a $15-$1 rate coming out of Iraq. Guess we will see soon whether that is true or not. Still hearing the same rate on the dong that the contract rate will be the low $2 range…Remember these are all just rumors until we get there.
10-12-2020 Intel Guru MarkZ [via PDK] The vote on the “White papers” is supposed to happen tomorrow in Iraq. It should give us the value once it passes…..so all eyes are on Iraq tomorrow as it appears everyone is now in position to move... it’s going to be an interesting week. So hang on and cross your fingers and say your prayers.
10-12-2020 Intel Guru RayRen98 Even though today is a holiday, some bank exchange locations are being manned...just in case...I guess? The CBI governor and the Finance Minister had a meeting today and agreed to send the White Papers with the economic reforms to Parliament on Tuesday.
10-12-2020 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI GOVERNMENT SUCCEEDS IN CONVINCING THE EUROPEAN UNION TO REMOVE IRAQ FROM THE LIST OF HIGH-RISK COUNTRIES IN THE FIELD OF MONEY LAUNDERING" This timing is perfect as they told us mid-October this might be finalized. So, I am told the US is next and may relieve Iraq from OFAC monetary sanctions as a result. Remember it is OFAC Sanctions that is limiting us from exchanging at the banks. Let’s wait and see what happens next.
10-12-2020 Newshound Guru MilitiaMan To enhance the exchange rate (mechanism) will create the environment for the Iraq country to go into the market economy where they can be competitive through secondary markets. ...Did they raise the rate (mechanism) and not tell us yet or did they just within what is in the above and below past tense data? Starting to look that way...imo They have the money to pay all four months without borrowing because they have raised the rate? Lets see what the White Papers have to say... The citizens were shown conceptual notes, did they not on the day they said the first step of reforms began on 10/05/2020? They did...imo! [post 2 of 2]
10-12-2020 Newshound Guru MilitiaMan Article: "In the document ... important figures in the law on financing the fiscal deficit that reached Parliament today" What I find interesting is they speak of 4 months salaries. They haven't paid the salaries for September, yet. That is very interesting, as they told us they would. Why have they not? Well, imo the rate at which they get paid and in an equivalency is in need. They had to make amendments to the budget law. By not paying the last four months, shows they have an intention to pay but, with an amended budget law for 2020. A substitutive. I'll bet the White Papers know full well what the substitute is and they are to be out Tuesday the 13th. It enhances the government revenues to fulfill it's obligations to the citizens. [post 1 of 2....stay tuned]
10-12-2020 Newshound Guru Breitling ...I'm not telling anybody what to do...[What would you do?] I'm getting out. I'm going to exchange [when it revalues] and I'm going to get out...
10-12-2020 Intel Guru MarkZ [via PDK] [Anything new on rates?] still hearing street rates on the dinar are $3.70-$3.80. with contract rates around $8. We did start to see chatter about a $15-$1 rate coming out of Iraq. Guess we will see soon whether that is true or not. Still hearing the same rate on the dong that the contract rate will be the low $2 range…Remember these are all just rumors until we get there.
10-12-2020 Intel Guru MarkZ [via PDK] The vote on the “White papers” is supposed to happen tomorrow in Iraq. It should give us the value once it passes…..so all eyes are on Iraq tomorrow as it appears everyone is now in position to move... it’s going to be an interesting week. So hang on and cross your fingers and say your prayers.
10-12-2020 Intel Guru RayRen98 Even though today is a holiday, some bank exchange locations are being manned...just in case...I guess? The CBI governor and the Finance Minister had a meeting today and agreed to send the White Papers with the economic reforms to Parliament on Tuesday.
10-12-2020 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI GOVERNMENT SUCCEEDS IN CONVINCING THE EUROPEAN UNION TO REMOVE IRAQ FROM THE LIST OF HIGH-RISK COUNTRIES IN THE FIELD OF MONEY LAUNDERING" This timing is perfect as they told us mid-October this might be finalized. So, I am told the US is next and may relieve Iraq from OFAC monetary sanctions as a result. Remember it is OFAC Sanctions that is limiting us from exchanging at the banks. Let’s wait and see what happens next.
10-11-2020 Newshound/Intel Guru RVAlready The cabinet reviews the white paper on Tuesday, not parliament, from what I have read. The white paper is not a law. No reason for a vote by parliament. Again, parliament does not get a vote on the white paper. Their finance committee already has reviewed it. Parliament votes on laws and budgets. I do not think parliament is required for the RV...the CBI governor is reviewing the white paper, in preparation for implementation.
10-11-2020 Newshound Guru Pimpy Article: "A new salary scale...an economist leaks out the terms of the 'white paper' " ...I know there's so many rumors going on...I don't want you guys to get too excited with good news. Don't get too bummed out for bad news. We already knew they were going to be talking about the exchange rate. We knew this already. So this article is just saying exactly what we already knew. There's nothing adding to it one way or the other...it is exciting. It's about damn time...hopefully the wait is just about over...
10-11-2020 Newshound/Intel Guru Mnt Goat Article: "THE DEMOCRAT: THE REGION DELIVERED ALL WHAT BAGHDAD REQUESTED AND IS WAITING FOR POSITIVE STEPS TO IMPLEMENT ARTICLE 140" ...Remember to go forward with any reinstatement of the Iraqi currency the main requirement is that the Iraqi constitution must be FULLY implemented which means the stated REFERENDUM for article 140 must be written, signed off by all parties and implemented. So why do we always hear news about this Article 140 then when we hear news about the CBI going forward with the project to delete the zeros? Coincidental? I think not!
10-11-2020 Intel Guru RayRen98 Weekend UPDATE ..."NOSE BLEED" RATES ARE BEING COMMUNICATED TO US...SUPPOSEDLY AT THE BANKS DISCRETION? REMEMBER, THE "HIGH" OPENING RATE FOR THE DINAR WAS UP FOR DISCUSSION TO BE REDUCED BUT DIED DUE TO LACK OF CONSENSUS? (A FEW DAYS AGO) THE TOP MAJOR BANKS, ALONG WITH THE LEAD BANK, HAD A CONFERENCE WITH TREASURY (AND SUPPOSEDLY, MNUCHIN) TO DISCUSS UNDISCLOSED "PARTICULARS" LEADING TO AN ANNOUNCEMENT ON MONDAY. [HMMMMMMM, I WONDER......?] ...SOME BANKS ARE REPORTEDLY COMING IN ON SUNDAY, AT VERY, VERY EARLY AM HOURS. NOTE: SUPPOSEDLY IS THE WORD OF CHOICE UNTIL SOLID CONFIRMATIONS COME TO SURFACE. CAPICHE?
10-11-2020 Newshound Guru Pimpy Article: "Finance Minister: We will present the white paper for reform to the cabinet next Tuesday" ...Let's see if they actually do submit the paperwork - the reform papers...we know that the reform papers that the Ministry of Finance has said the discussion about the exchange rate will be brought up. That doesn't mean that anything's going to happen...if they are going to be working on the budgets for 2021, 22, 23 it would seem to me that in there they have to address the exchange rate. We're being optimistic but I want us to stay grounded...
10-11-2020 Newshound Guru Adam Montana [Does circulated versus non-circulated currency RV the same or is there a difference in their value?] "Technically" it could make a difference, but realistically as long as your notes are in good condition I don't think it's a concern.
10-11-2020 Newshound Guru MilitiaMan ...Iraq is now ripe for investors, as we witnessed with the IMF, the WB, WTO, BIS, EBRD, EuroClear, IBBC, etc.. All are in town to help the country be successful. I am very optimistic they have every intention to go to a market economy!! imo.
10-11-2020 Newshound Guru Pimpy Article: "A new salary scale...an economist leaks out the terms of the 'white paper' " ...I know there's so many rumors going on...I don't want you guys to get too excited with good news. Don't get too bummed out for bad news. We already knew they were going to be talking about the exchange rate. We knew this already. So this article is just saying exactly what we already knew. There's nothing adding to it one way or the other...it is exciting. It's about damn time...hopefully the wait is just about over...
10-11-2020 Newshound/Intel Guru Mnt Goat Article: "THE DEMOCRAT: THE REGION DELIVERED ALL WHAT BAGHDAD REQUESTED AND IS WAITING FOR POSITIVE STEPS TO IMPLEMENT ARTICLE 140" ...Remember to go forward with any reinstatement of the Iraqi currency the main requirement is that the Iraqi constitution must be FULLY implemented which means the stated REFERENDUM for article 140 must be written, signed off by all parties and implemented. So why do we always hear news about this Article 140 then when we hear news about the CBI going forward with the project to delete the zeros? Coincidental? I think not!
10-11-2020 Intel Guru RayRen98 Weekend UPDATE ..."NOSE BLEED" RATES ARE BEING COMMUNICATED TO US...SUPPOSEDLY AT THE BANKS DISCRETION? REMEMBER, THE "HIGH" OPENING RATE FOR THE DINAR WAS UP FOR DISCUSSION TO BE REDUCED BUT DIED DUE TO LACK OF CONSENSUS? (A FEW DAYS AGO) THE TOP MAJOR BANKS, ALONG WITH THE LEAD BANK, HAD A CONFERENCE WITH TREASURY (AND SUPPOSEDLY, MNUCHIN) TO DISCUSS UNDISCLOSED "PARTICULARS" LEADING TO AN ANNOUNCEMENT ON MONDAY. [HMMMMMMM, I WONDER......?] ...SOME BANKS ARE REPORTEDLY COMING IN ON SUNDAY, AT VERY, VERY EARLY AM HOURS. NOTE: SUPPOSEDLY IS THE WORD OF CHOICE UNTIL SOLID CONFIRMATIONS COME TO SURFACE. CAPICHE?
10-11-2020 Newshound Guru Pimpy Article: "Finance Minister: We will present the white paper for reform to the cabinet next Tuesday" ...Let's see if they actually do submit the paperwork - the reform papers...we know that the reform papers that the Ministry of Finance has said the discussion about the exchange rate will be brought up. That doesn't mean that anything's going to happen...if they are going to be working on the budgets for 2021, 22, 23 it would seem to me that in there they have to address the exchange rate. We're being optimistic but I want us to stay grounded...
10-11-2020 Newshound Guru Adam Montana [Does circulated versus non-circulated currency RV the same or is there a difference in their value?] "Technically" it could make a difference, but realistically as long as your notes are in good condition I don't think it's a concern.
10-11-2020 Newshound Guru MilitiaMan ...Iraq is now ripe for investors, as we witnessed with the IMF, the WB, WTO, BIS, EBRD, EuroClear, IBBC, etc.. All are in town to help the country be successful. I am very optimistic they have every intention to go to a market economy!! imo.
10-10-2020 Intel Guru RayRen98 SOME BANKERS HAVE BEEN VERY EXCITED TODAY AT WORK...WAITING FOR THE "GO" SIGNAL!
10-10-2020 Newshound Guru MilitiaMan Article: "An existing scenario will divert the central bank's vaults to save “paper” instead of money...this is what will happen with regard to commodity prices, the dollar and alternative solutions." They have laid out what they are to do and it is imo to be immediately from what he stated... This one spells out they have a choice that makes the most sense and that is by reducing the value of the dollar to the Dinar. And it even suggests there may be a gold component to it...
10-10-2020 Newshound Guru Jeff ...What we are looking for is Iraq to reach a point or period where they can't get anything done. They've boxed themselves into a corner and have nothing left to do. They're there now...they absolutely have nothing left to do before the rate change. They've painted the perfect picture for you. Now they're mimicking what both Kuwait and China did by showing you a disinformation campaign...we're looking good. We're looking the best we ever have. We are in the perfect storm for this to happen...
10-10-2020 Newshound Guru Pimpy It looks like Iraq is being positioned by both Europe and America to really help Iraq to develop a booming economy...this is good news. This is what we want...lots of positive movements for Iraq...very happy about it. Good news is always Iraq doing what they can to get back in the graces of the International community...
10-10-2020 Newshound Guru Kaperoni A big step for Iraq today as they were granted accession in the European Bank for Reconstruction. Congrats!
10-10-2020 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI GOVERNMENT SUCCEEDS IN CONVINCING THE EUROPEAN UNION TO REMOVE IRAQ FROM THE LIST OF HIGH-RISK COUNTRIES IN THE FIELD OF MONEY LAUNDERING" This timing is perfect as they told us mid-October this might be finalized. So, I am told the US is next and may relieve Iraq from OFAC monetary sanctions as a result. Remember it is OFAC Sanctions that is limiting us from exchanging at the banks. Let’s wait and see what happens next.
10-10-2020 Newshound Guru MilitiaMan Article: "An existing scenario will divert the central bank's vaults to save “paper” instead of money...this is what will happen with regard to commodity prices, the dollar and alternative solutions." They have laid out what they are to do and it is imo to be immediately from what he stated... This one spells out they have a choice that makes the most sense and that is by reducing the value of the dollar to the Dinar. And it even suggests there may be a gold component to it...
10-10-2020 Newshound Guru Jeff ...What we are looking for is Iraq to reach a point or period where they can't get anything done. They've boxed themselves into a corner and have nothing left to do. They're there now...they absolutely have nothing left to do before the rate change. They've painted the perfect picture for you. Now they're mimicking what both Kuwait and China did by showing you a disinformation campaign...we're looking good. We're looking the best we ever have. We are in the perfect storm for this to happen...
10-10-2020 Newshound Guru Pimpy It looks like Iraq is being positioned by both Europe and America to really help Iraq to develop a booming economy...this is good news. This is what we want...lots of positive movements for Iraq...very happy about it. Good news is always Iraq doing what they can to get back in the graces of the International community...
10-10-2020 Newshound Guru Kaperoni A big step for Iraq today as they were granted accession in the European Bank for Reconstruction. Congrats!
10-10-2020 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI GOVERNMENT SUCCEEDS IN CONVINCING THE EUROPEAN UNION TO REMOVE IRAQ FROM THE LIST OF HIGH-RISK COUNTRIES IN THE FIELD OF MONEY LAUNDERING" This timing is perfect as they told us mid-October this might be finalized. So, I am told the US is next and may relieve Iraq from OFAC monetary sanctions as a result. Remember it is OFAC Sanctions that is limiting us from exchanging at the banks. Let’s wait and see what happens next.
10-9-2020 Intel Guru Bruce [via WiserNow] I am excited...Now – first of all – we did get confirmation again on the Iraqi Dinar – on the rate – it is a rate for us...it’s a very strong rate and I think it will match up nicely with the rate they are supposed to be offering us on the Dong as well...we have had what we believe to be the beginning...the start of our redemption... I know there is a start time for us that is coming...It may not be this week...Our start time may not be quite as soon as we thought it was...but the good news is that it has started...it’s coming – but you are going to have to hold on to your patience a little bit longer before we get notified to go...but we know it’s close...
10-9-2020 Intel Guru MarkZ [via PDK] My Iraqi contacts are saying on or before Tuesday now…also hearing they are adding posters at banking locations and stores on what to look for in the new lower denomination bills. That is exciting. There is great chatter out of Iraq that we may be going sooner than Mr. C [Michael Cottrell] believes. (Mr. C believes after the election) There is great chatter that they expect the new rate over the next week or so…The biggest news is Iraq expects a new functional rate by next Wednesday. I am hearing this from multiple sources that are actually in the sandbox over there. So cross fingers and cross your toes.
10-9-2020 Newshound/Intel Guru Mnt Goat But did I say the rate will start at .00085? NO...the CBI is NOT going to just take the .00085 rate and use it and float it...the rate will be determined by the basket of currencies. We just don’t know that new rate yet...We do see, however, rates at the banks of pending reinstatement of the dinar at a rate of around $3.60 - $4.25 and up. So, this is probably going to be around the initial rate after the new peg to the basket. From there, the free market will drive it up or down accordingly. But in the long run it will probably stabilize around $3.60ish which is close to the Kuwaiti dinar... [post 3 of 3]
10-9-2020 Newshound/Intel Guru Mnt Goat ...The next stage to the process...is to move to reinstate and put the dinar on a FLOAT...They plan to halt all currency auctions for a specified period during this transition time. They might never start the auctions up again. To do this they plan to get it off the “de facto” peg to the USD and put it on a peg to a basket of 5 currencies. So, tell me how can the rate stay at .00085 when they do this? It is not possible. The reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT and off the “de-facto” peg will bring a new rate. ...The dinar is going to get REINSTATED. ...It is through the FLOAT that the rate will rise. It will only rise when traders get in and buy it up on the international trading platforms. [post 2 of 3....stay tuned]
10-9-2020 Newshound/Intel Guru Mnt Goat ...If Iraqis could all get rich off this project to delete the zeros, they would simply never conduct the project to delete the zeros. But these notes stuffed under the mattresses really don’t matter much anyhow...The CBI has talked about these notes stuffed under the mattresses many times and they have a pretty good estimate as to how much...So, these stashes of notes in Iraq don’t matter since IN IRAQ...these stashes of notes will be worth exactly the same today post- project to delete the zeros as yesterday pre-project to delete the zeros...They are only going to delete the zeros in Iraq... [post 1 of 3....stay tuned]
10-9-2020 Newshound Guru MilitiaMan Interestingly enough, there are more things in my view outside of what we read in the news that supports this is about over sooner than later. When an Iraqi dealer in currency decides to stop selling his currency as his stake in tens of millions realized just how serious this is, thanks to kind people keeping at him that this Time is in fact real as it gets and that the environment is actually ripe for the re instatement...is consistent with what we are now seeing in the fine articles we have seen in my 10 and your 8 years... That is one source, there is more with similar views... The one was very pessimistic, not any more.. As always, we shall see...imo.
10-9-2020 Intel Guru Footforward [Have you heard anything about a float versus fixed rate?] I believe it will be fixed from the info I have. That's my opinion.
10-9-2020 Newshound Guru Pimpy Article: "The European Union announces that it has taken a number of steps to remove Iraq from the list of high risk countries" This is good....They're on this list because they're corrupt. There's a lot of money laundering in the banks and they finance a lot of terrorist groups through these banks. So if they get removed off this list that's telling the whole world, "Hey, all right, in our opinion they've done what it takes to stop this from happening..." This is big steps. Ever since that new Central Bank of Iraq governor took over, he has started implementing the reforms needed in the bank and whatever steps those are that he's taken obviously are impressing the international community which is really important...
10-9-2020 Intel/Newshound Guru Walkingstick & Intel Guru Frank26 ...IOO they are about to display poster-boards with pictures and descriptions of the new small category notes that they are going to pass out with the new exchange rate. You got to have the notes first. Not in their hands physically. This is the next step...it will be 1 to 1 with the American dollar.
10-9-2020 Intel Guru MarkZ [via PDK] My Iraqi contacts are saying on or before Tuesday now…also hearing they are adding posters at banking locations and stores on what to look for in the new lower denomination bills. That is exciting. There is great chatter out of Iraq that we may be going sooner than Mr. C [Michael Cottrell] believes. (Mr. C believes after the election) There is great chatter that they expect the new rate over the next week or so…The biggest news is Iraq expects a new functional rate by next Wednesday. I am hearing this from multiple sources that are actually in the sandbox over there. So cross fingers and cross your toes.
10-9-2020 Newshound/Intel Guru Mnt Goat But did I say the rate will start at .00085? NO...the CBI is NOT going to just take the .00085 rate and use it and float it...the rate will be determined by the basket of currencies. We just don’t know that new rate yet...We do see, however, rates at the banks of pending reinstatement of the dinar at a rate of around $3.60 - $4.25 and up. So, this is probably going to be around the initial rate after the new peg to the basket. From there, the free market will drive it up or down accordingly. But in the long run it will probably stabilize around $3.60ish which is close to the Kuwaiti dinar... [post 3 of 3]
10-9-2020 Newshound/Intel Guru Mnt Goat ...The next stage to the process...is to move to reinstate and put the dinar on a FLOAT...They plan to halt all currency auctions for a specified period during this transition time. They might never start the auctions up again. To do this they plan to get it off the “de facto” peg to the USD and put it on a peg to a basket of 5 currencies. So, tell me how can the rate stay at .00085 when they do this? It is not possible. The reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT and off the “de-facto” peg will bring a new rate. ...The dinar is going to get REINSTATED. ...It is through the FLOAT that the rate will rise. It will only rise when traders get in and buy it up on the international trading platforms. [post 2 of 3....stay tuned]
10-9-2020 Newshound/Intel Guru Mnt Goat ...If Iraqis could all get rich off this project to delete the zeros, they would simply never conduct the project to delete the zeros. But these notes stuffed under the mattresses really don’t matter much anyhow...The CBI has talked about these notes stuffed under the mattresses many times and they have a pretty good estimate as to how much...So, these stashes of notes in Iraq don’t matter since IN IRAQ...these stashes of notes will be worth exactly the same today post- project to delete the zeros as yesterday pre-project to delete the zeros...They are only going to delete the zeros in Iraq... [post 1 of 3....stay tuned]
10-9-2020 Newshound Guru MilitiaMan Interestingly enough, there are more things in my view outside of what we read in the news that supports this is about over sooner than later. When an Iraqi dealer in currency decides to stop selling his currency as his stake in tens of millions realized just how serious this is, thanks to kind people keeping at him that this Time is in fact real as it gets and that the environment is actually ripe for the re instatement...is consistent with what we are now seeing in the fine articles we have seen in my 10 and your 8 years... That is one source, there is more with similar views... The one was very pessimistic, not any more.. As always, we shall see...imo.
10-9-2020 Intel Guru Footforward [Have you heard anything about a float versus fixed rate?] I believe it will be fixed from the info I have. That's my opinion.
10-9-2020 Newshound Guru Pimpy Article: "The European Union announces that it has taken a number of steps to remove Iraq from the list of high risk countries" This is good....They're on this list because they're corrupt. There's a lot of money laundering in the banks and they finance a lot of terrorist groups through these banks. So if they get removed off this list that's telling the whole world, "Hey, all right, in our opinion they've done what it takes to stop this from happening..." This is big steps. Ever since that new Central Bank of Iraq governor took over, he has started implementing the reforms needed in the bank and whatever steps those are that he's taken obviously are impressing the international community which is really important...
10-9-2020 Intel/Newshound Guru Walkingstick & Intel Guru Frank26 ...IOO they are about to display poster-boards with pictures and descriptions of the new small category notes that they are going to pass out with the new exchange rate. You got to have the notes first. Not in their hands physically. This is the next step...it will be 1 to 1 with the American dollar.
10-8-2020 Intel Guru Delta ...Iraq is not going to lop.
10-8-2020 Newshound Guru Kaperoni ...guru Delta says.. everyone knows the white papers has a lot of reforms, one of which has a new exchange rate. LOL. Want to bet? There is no such thing as an RV. If Parliament is involved in the dinar that is not good for us. That would be a LOP.
10-8-2020 Intel Guru Footforward [...there are a few rates in the rumor mill....would you be at liberty to share what you have heard today?] I've heard anything from decreasing the dinar value to a rate of 15 bucks. I don't think either of those are correct. But that's the range today. It's insane. I want to share what I can. But I feel some disinformation is being put out today because the rates are all over the place. These also are not coming from my sources. My sources are waiting to hear on something. I've been fairly consistent on my opinion on the rate. Somewhere between 3 and 4.80. based on math...
10-8-2020 Intel Guru Frank26 & Intel/Newshound Guru Walkingstick ...information is just rolling in. It's being ushered in. It has to be. The same pressure that allowed the currency reform to crystallize is the same pressure that is being used to tell the citizens of Iraq...the time is very very short on the fact that pictures are soon to be released to the citizens. These pictures will be depictions of the new small category notes...their exchange rate and their currency is about to change completely.
10-8-2020 Newshound Guru Pimpy We know that part of the reform papers they're taking about the exchange rate. We know this. They said so. But they didn't tell us what they're talking about. So all anybody can do is speculate. We did see the papers from the IMF that one time that they had a list of things they want to see Iraq do. And on the very top of that list was decrease the rate. NOT the value of the dinar but decrease the exchange rate which good for us. Not decrease the value of the dinar, which is bad for us. So both those things look positive. But again stay grounded...
10-8-2020 Intel Guru MarkZ [via PDK] We are coming to you today from Punxsutawney…..feels like another “Groundhog Day”... I am still hearing great stuff from on the ground in Iraq. They hope for a vote tomorrow. [...were you able to confirm Iraq Gazette rate rumors?] No I cannot confirm that...I even had people go through the gazette for the last week or so…cannot confirm. [Rates do not matter until we RV.] I agree…its fun to dream...but what I really want is for it just to “go”.
10-8-2020 Newshound Guru Jeff ...It's interesting the new direction that the dinar has gone...roughly about a week and a half ago remember I told you I saw new a new pattern...there's no news coming out. Nothing is happening in Iraq. The level of lies and BS and misleading news has escalated big time. They're just lying to us left and right now...it's a very strong disinformation campaign - exactly like China and Kuwait did right before they changed their rates.
10-8-2020 Intel Guru Bruce [via WiserNow] Here is where we are...what we did receive and got confirmation about was that Saturday was the day that Iraq finally put out a new international rate on the new Iraqi dinar – it was just $1 less than Shabibi had predicted that the dinar could support in US dollars back in...2012...when he was addressing the US Commerce...He said the Dinar would be able to support a rate of $16 and our understanding is that the rate which was $15 was put in the Gazette on Saturday...They have completed their monetary reforms – revalued their dinar – put it in the Gazette...color it done...We also received word that there was a 48 hour clock that started at 1 PM [Tuesday] whereby within that 48 hrs which would end Thursday at 1 PM – Eastern time...we are in that 48 hour window – now...I am very excited that this is apparently coming down to the wire...
10-8-2020 Intel Guru Frank26 & Intel/Newshound Guru Walkingstick ...Information is rolling out more and more. IMO time is short on the pictures that they will release with descriptions explaining further about the new small category notes. It's forthcoming as part of the education to the citizens because they are now admitting they have 'white papers' and they are admitting the reform process is complete and it is being implemented...what they are telling the citizens are the reasons and the 'whys' along with the 'what's going on' with their currency. They're telling them their country is about to become a financial hub and the currency will be the power of the Middle East...they are explaining they are adding value to the nation's currency...
10-8-2020 Newshound Guru Pimpy we don't know what the rate change is going to be but we know the rate change is being discussed in the reform papers. We don't know what that means though...it's easy to assume they're talking about changing their rate, which makes sense. Don't get me wrong...I just don't want us to jump ahead of the game here. Stay grounded. That is good news. We're all hoping that's what it means...
10-8-2020 Newshound Guru Kaperoni ...guru Delta says.. everyone knows the white papers has a lot of reforms, one of which has a new exchange rate. LOL. Want to bet? There is no such thing as an RV. If Parliament is involved in the dinar that is not good for us. That would be a LOP.
10-8-2020 Intel Guru Footforward [...there are a few rates in the rumor mill....would you be at liberty to share what you have heard today?] I've heard anything from decreasing the dinar value to a rate of 15 bucks. I don't think either of those are correct. But that's the range today. It's insane. I want to share what I can. But I feel some disinformation is being put out today because the rates are all over the place. These also are not coming from my sources. My sources are waiting to hear on something. I've been fairly consistent on my opinion on the rate. Somewhere between 3 and 4.80. based on math...
10-8-2020 Intel Guru Frank26 & Intel/Newshound Guru Walkingstick ...information is just rolling in. It's being ushered in. It has to be. The same pressure that allowed the currency reform to crystallize is the same pressure that is being used to tell the citizens of Iraq...the time is very very short on the fact that pictures are soon to be released to the citizens. These pictures will be depictions of the new small category notes...their exchange rate and their currency is about to change completely.
10-8-2020 Newshound Guru Pimpy We know that part of the reform papers they're taking about the exchange rate. We know this. They said so. But they didn't tell us what they're talking about. So all anybody can do is speculate. We did see the papers from the IMF that one time that they had a list of things they want to see Iraq do. And on the very top of that list was decrease the rate. NOT the value of the dinar but decrease the exchange rate which good for us. Not decrease the value of the dinar, which is bad for us. So both those things look positive. But again stay grounded...
10-8-2020 Intel Guru MarkZ [via PDK] We are coming to you today from Punxsutawney…..feels like another “Groundhog Day”... I am still hearing great stuff from on the ground in Iraq. They hope for a vote tomorrow. [...were you able to confirm Iraq Gazette rate rumors?] No I cannot confirm that...I even had people go through the gazette for the last week or so…cannot confirm. [Rates do not matter until we RV.] I agree…its fun to dream...but what I really want is for it just to “go”.
10-8-2020 Newshound Guru Jeff ...It's interesting the new direction that the dinar has gone...roughly about a week and a half ago remember I told you I saw new a new pattern...there's no news coming out. Nothing is happening in Iraq. The level of lies and BS and misleading news has escalated big time. They're just lying to us left and right now...it's a very strong disinformation campaign - exactly like China and Kuwait did right before they changed their rates.
10-8-2020 Intel Guru Bruce [via WiserNow] Here is where we are...what we did receive and got confirmation about was that Saturday was the day that Iraq finally put out a new international rate on the new Iraqi dinar – it was just $1 less than Shabibi had predicted that the dinar could support in US dollars back in...2012...when he was addressing the US Commerce...He said the Dinar would be able to support a rate of $16 and our understanding is that the rate which was $15 was put in the Gazette on Saturday...They have completed their monetary reforms – revalued their dinar – put it in the Gazette...color it done...We also received word that there was a 48 hour clock that started at 1 PM [Tuesday] whereby within that 48 hrs which would end Thursday at 1 PM – Eastern time...we are in that 48 hour window – now...I am very excited that this is apparently coming down to the wire...
10-8-2020 Intel Guru Frank26 & Intel/Newshound Guru Walkingstick ...Information is rolling out more and more. IMO time is short on the pictures that they will release with descriptions explaining further about the new small category notes. It's forthcoming as part of the education to the citizens because they are now admitting they have 'white papers' and they are admitting the reform process is complete and it is being implemented...what they are telling the citizens are the reasons and the 'whys' along with the 'what's going on' with their currency. They're telling them their country is about to become a financial hub and the currency will be the power of the Middle East...they are explaining they are adding value to the nation's currency...
10-8-2020 Newshound Guru Pimpy we don't know what the rate change is going to be but we know the rate change is being discussed in the reform papers. We don't know what that means though...it's easy to assume they're talking about changing their rate, which makes sense. Don't get me wrong...I just don't want us to jump ahead of the game here. Stay grounded. That is good news. We're all hoping that's what it means...
10-7-2020 Intel Guru Footforward We may be done in a few days. But it may go a bit longer. We have to be mentally ready to stay in the game.
10-7-2020 Newshound Guru MilitiaMan Article: "Paying employees' salaries, starting tomorrow, Wednesday" ...the Government is telling the people that the government is in charge and responsible to pay the salaries, just as they are in charge of the taxes, customs, agriculture, etc...The PM is on record that he intends to begin tomorrow, yet he even said so yesterday, too. The white papers are completed...What the white papers have is imo the rate at to which they will be paid. My view is that they have every intention to go to a market economy, therefore, the rate should not be at a program rate. Hence, that is why they had taken so long in paying them...They are down to the wire and have called for holidays, at a very interesting time too...This is getting so good now...imo! Love it!
10-7-2020 Intel Guru Delta Everybody knows that the 'white papers' does include a lot of reforms...One of them is the currency reform...the "white paper" is completed and the Office of the Prime Minister Kazemi did receive it this week. He's going to look at it. After he is done he is going to send it to the Parliament...what the white paper is is basically instructions on what they're planning to do to improve the economy of the country. Why are you hiding that? Why is it taking two months? ...there is something going on...what is going on is very very important.
10-7-2020 Intel Guru MarkZ [via PDK] [Rumor: Iraq has new Dinar RV rate at $15.00] I have heard that same chatter… I have exhaustedly searched to find that in print anywhere. I cannot find it but it is not far off from what Dr. Shabibi said the rate could be 9 years ago. This was back when Maliki was in charge. Okie [Guru Okie-Oil-Man] was expecting $14+ from tremendously good sources inside Iraq. Then things got stalled…It would not surprise me to see that rate. We have shared the [video] before of Shabibi saying they could support a rate of $17 to 1…he was addressing the UN I believe and talking about the revaluation of the currency. I am trying to get proof of this from contacts in Iraq…
10-7-2020 Newshound Guru Pimpy ...I was expecting another announcement in the news. It just has not shown up yet. If it does later on I will do an update because it's good news. I just don't want to jump the gun right now. It's just rumors but I have a feeling they're gonna make some kind of an announcement on it...
10-7-2020 Newshound Guru Jeff ...hope everyone has their exit strategy plan because the facts are showing you that you're closing in and reaching the end. We look amazing...this is a once in a lifetime opportunity. There's no rush. I wouldn't recommend anyone rush and make an exchange...the Central Bank of Iraq had an article out around 2012 it said the 2 currencies would coexist for a period of 10 years. So at one time Iraq has told us we will have 10 years to get the notes exchanged...no rush...
10-7-2020 Intel Guru Frank26 You now know what "white papers" definition means. It's an agreement of the monetary reform between the Central Bank of Iraq and the IMF...What do you think they are taking about? Their currency...And who do you think put it together? The Fab 4. I want to thank MY PRESIDENT! Donald Trump...we pray for you...the white papers contain the date and the rate...
10-7-2020 Intel Guru MarkZ [via PDK] I am told now that there is no negotiation on rates. I believe this to be true. I am told there will be only one rate offered period when we go in…and that this is non-negotiable. This rate is covered in a treaty and I believe this is accurate... As I understand it…you make an apt from info from your email, from dinar sites...you will automatically get the contract rate…if you just walk in off the street…go to your local teller - then you will get the street rate.
10-7-2020 Newshound Guru Militiaman ...they are very much talking in bold verbiage. "Implementing". "The first steps started". "Radical solutions being completed". You can't get any better than this.
10-7-2020 Newshound/Intel Guru Petra ...We're finding out about all this. Guess what? So are the people of Iraq. The citizens of Iraq are seeing this and hearing this. Their expectations are immediate...it's amazing where we're at. Not only do the people know but so does the international world. Everybody knows what's going on now.
10-7-2020 Newshound Guru MilitiaMan Article: "Paying employees' salaries, starting tomorrow, Wednesday" ...the Government is telling the people that the government is in charge and responsible to pay the salaries, just as they are in charge of the taxes, customs, agriculture, etc...The PM is on record that he intends to begin tomorrow, yet he even said so yesterday, too. The white papers are completed...What the white papers have is imo the rate at to which they will be paid. My view is that they have every intention to go to a market economy, therefore, the rate should not be at a program rate. Hence, that is why they had taken so long in paying them...They are down to the wire and have called for holidays, at a very interesting time too...This is getting so good now...imo! Love it!
10-7-2020 Intel Guru Delta Everybody knows that the 'white papers' does include a lot of reforms...One of them is the currency reform...the "white paper" is completed and the Office of the Prime Minister Kazemi did receive it this week. He's going to look at it. After he is done he is going to send it to the Parliament...what the white paper is is basically instructions on what they're planning to do to improve the economy of the country. Why are you hiding that? Why is it taking two months? ...there is something going on...what is going on is very very important.
10-7-2020 Intel Guru MarkZ [via PDK] [Rumor: Iraq has new Dinar RV rate at $15.00] I have heard that same chatter… I have exhaustedly searched to find that in print anywhere. I cannot find it but it is not far off from what Dr. Shabibi said the rate could be 9 years ago. This was back when Maliki was in charge. Okie [Guru Okie-Oil-Man] was expecting $14+ from tremendously good sources inside Iraq. Then things got stalled…It would not surprise me to see that rate. We have shared the [video] before of Shabibi saying they could support a rate of $17 to 1…he was addressing the UN I believe and talking about the revaluation of the currency. I am trying to get proof of this from contacts in Iraq…
10-7-2020 Newshound Guru Pimpy ...I was expecting another announcement in the news. It just has not shown up yet. If it does later on I will do an update because it's good news. I just don't want to jump the gun right now. It's just rumors but I have a feeling they're gonna make some kind of an announcement on it...
10-7-2020 Newshound Guru Jeff ...hope everyone has their exit strategy plan because the facts are showing you that you're closing in and reaching the end. We look amazing...this is a once in a lifetime opportunity. There's no rush. I wouldn't recommend anyone rush and make an exchange...the Central Bank of Iraq had an article out around 2012 it said the 2 currencies would coexist for a period of 10 years. So at one time Iraq has told us we will have 10 years to get the notes exchanged...no rush...
10-7-2020 Intel Guru Frank26 You now know what "white papers" definition means. It's an agreement of the monetary reform between the Central Bank of Iraq and the IMF...What do you think they are taking about? Their currency...And who do you think put it together? The Fab 4. I want to thank MY PRESIDENT! Donald Trump...we pray for you...the white papers contain the date and the rate...
10-7-2020 Intel Guru MarkZ [via PDK] I am told now that there is no negotiation on rates. I believe this to be true. I am told there will be only one rate offered period when we go in…and that this is non-negotiable. This rate is covered in a treaty and I believe this is accurate... As I understand it…you make an apt from info from your email, from dinar sites...you will automatically get the contract rate…if you just walk in off the street…go to your local teller - then you will get the street rate.
10-7-2020 Newshound Guru Militiaman ...they are very much talking in bold verbiage. "Implementing". "The first steps started". "Radical solutions being completed". You can't get any better than this.
10-7-2020 Newshound/Intel Guru Petra ...We're finding out about all this. Guess what? So are the people of Iraq. The citizens of Iraq are seeing this and hearing this. Their expectations are immediate...it's amazing where we're at. Not only do the people know but so does the international world. Everybody knows what's going on now.
10-6-2020 Intel Guru Delta The banking reforms...We all know...you have to come up with a true rate before you take your banking international. Here's the important part here. For the Central Bank of Iraq to start launching and implementing that...that gives us the conclusion that we are really close to them showing us the new rate. Because the rate is very important. All the stuff that we're waiting for does require the rate, including the white papers. This is very huge. For the Central Bank of Iraq to start doing this, the rate is about to come out...we are on the verge of seeing something from the Central Bank of Iraq.
10-6-2020 Newshound/Intel Guru Mnt Goat ...times are changing in Iraq and the new prime minister and his cabinet are on a mission to fix this socialism to a capitalistic system. In fact, there is no other choice for Iraq as it is either “do or die” at this point. So, Iraq must move to a private sector and this will mean finally reinstating the dinar...We could very well see the reinstatement in January 2021 or maybe even sooner since we know they desperately need to pay October, November and December salaries too. Can they even wait until January 2021? [post 2 of 2]
10-6-2020 Newshound/Intel Guru Mnt Goat ...we know that that Iraq is having a very difficult time paying September’s salaries. Remember that Iraq is still 95% socialist and so this means that 95% of the jobs are all still under the government and thus paid salaries by the government. This is the quagmire that Iraq has been trying to get itself out of since 2003 and can’t seem to manage to do it. It needs to move to a free-enterprise, private sector capitalist system and move this burden of salaries over to the private sector. This has not been done already not because they too don’t recognize the need but because of corruption. ...However... [post 1 of 2....stay tuned]
10-6-2020 Intel Guru MarkZ [via PDK] [Any new rate information?] I have not heard anything new on rates in a year…they are the same as then. The latest rumor from small local papers in Iraq is they were looking at $15 US for each dinar. Treat that as a rumor.
10-6-2020 Newshound Guru Pimpy ...The Finance Minister just said since 2003 $203 billion dollars have have been stolen from the Iraqi people. Not dinars - dollars. That's a lot of money. The Finance minister went on to say that could rebuild several countries at that amount of money and rightfully so. Al-Kazemi's government is a lot different it appears. They're doing everything possible to make sure that they wean away the corruption. All this is good because the stronger the economy becomes...the more trust they have in the banks, the more stable they become, the more outsider investors that come in provide an opportunity for the Iraqi dinar to strengthen.
10-6-2020 Intel Guru Frank26 ...Kazemi comes out today with a video and tells you what? "White papers". [Guru] Walkingstick, I and my teams were the first ones on the internet to tell you about two months ago that they were going to introduce 'white papers'. And a lot of you said, 'so...who cares Frank.' Then a month ago you saw the first article...that said we're introducing white papers that we have agreed upon...and today you see Kazemi the guy we told you who was bringing the white papers to Donald Trump, took them back to the CBI the CBI says 'hey, cool." Gives them back to the GOI and now that the GOI has them again...Kazemi made a video and announced to the world, 'yeah, we're raising the value...and we're introducing it through something called "white papers".'
10-6-2020 Intel Guru MarkZ [via PDK] News from Iraq is downright fantastic…even on their local TV they are talking about banking reforms and economic reforms being completed and going for a final vote for release. They said this week…so there is a tremendous amount of chatter out of Iraq with expectations of this week. Lets hope they get the “go ahead” from the rest of the world to pull that trigger. All currencies will go at the same time…so if Iraq happens…they all will happen.
10-6-2020 Newshound/Intel Guru Petra ...the white papers...have the date and the rate...I'm very excited and encouraged where we are. A lot of these articles that we've been seeing these last two weeks really pinpoint what their plan and strategy is. Now we're down to days. Not weeks. Not months. We're down to days...
10-6-2020 Intel Guru Delta ...patience is the key but it looks like we're on the verge of seeing something really big from Iraq and their currency...since the new governor of the Central Bank of Iraq took place it shocked a lot of us for the way he's handling the situation...as he promised all of us...the first day that he got the position...we are going to reform the banks #1 and he said he's going to strengthen the national currency...this guy is basically following that...the Financial Minister and the Central Bank Governor they just had an emergency meeting to basically finalize the last step in whatever it is they're about to do.
10-6-2020 Newshound Guru Kaperoni Implementing reforms to make the banking system in Iraq more open to investment will bring capital into Iraq. If they succeed, it will create pressure on the central banks capital account. This pressure will allow the bank to float the currency.
10-6-2020 Newshound Guru MilitiaMan Buna was launched in Feb, 2020...the borders will need to be linked accordingly for payments, taxes, tariffs, etc... All neighbor countries are apparently interconnected by BUNA electronically... "Buna"...is a multi-currency payment platform, provides clearing and settlement services, in Arab and international currencies that meet the eligibility criteria..." ...They can talk to each other with the platform. They can use, clear and settle multi - currencies... It doesn't get much better than this now. ...The reform paper has been completed. The are now implementing the steps by interlinking... Oh ya!! What's the next step? Well if they can talk to each other in multi- currencies... they need to know what the rates for pairing them...imo.
10-6-2020 Newshound/Intel Guru Mnt Goat ...times are changing in Iraq and the new prime minister and his cabinet are on a mission to fix this socialism to a capitalistic system. In fact, there is no other choice for Iraq as it is either “do or die” at this point. So, Iraq must move to a private sector and this will mean finally reinstating the dinar...We could very well see the reinstatement in January 2021 or maybe even sooner since we know they desperately need to pay October, November and December salaries too. Can they even wait until January 2021? [post 2 of 2]
10-6-2020 Newshound/Intel Guru Mnt Goat ...we know that that Iraq is having a very difficult time paying September’s salaries. Remember that Iraq is still 95% socialist and so this means that 95% of the jobs are all still under the government and thus paid salaries by the government. This is the quagmire that Iraq has been trying to get itself out of since 2003 and can’t seem to manage to do it. It needs to move to a free-enterprise, private sector capitalist system and move this burden of salaries over to the private sector. This has not been done already not because they too don’t recognize the need but because of corruption. ...However... [post 1 of 2....stay tuned]
10-6-2020 Intel Guru MarkZ [via PDK] [Any new rate information?] I have not heard anything new on rates in a year…they are the same as then. The latest rumor from small local papers in Iraq is they were looking at $15 US for each dinar. Treat that as a rumor.
10-6-2020 Newshound Guru Pimpy ...The Finance Minister just said since 2003 $203 billion dollars have have been stolen from the Iraqi people. Not dinars - dollars. That's a lot of money. The Finance minister went on to say that could rebuild several countries at that amount of money and rightfully so. Al-Kazemi's government is a lot different it appears. They're doing everything possible to make sure that they wean away the corruption. All this is good because the stronger the economy becomes...the more trust they have in the banks, the more stable they become, the more outsider investors that come in provide an opportunity for the Iraqi dinar to strengthen.
10-6-2020 Intel Guru Frank26 ...Kazemi comes out today with a video and tells you what? "White papers". [Guru] Walkingstick, I and my teams were the first ones on the internet to tell you about two months ago that they were going to introduce 'white papers'. And a lot of you said, 'so...who cares Frank.' Then a month ago you saw the first article...that said we're introducing white papers that we have agreed upon...and today you see Kazemi the guy we told you who was bringing the white papers to Donald Trump, took them back to the CBI the CBI says 'hey, cool." Gives them back to the GOI and now that the GOI has them again...Kazemi made a video and announced to the world, 'yeah, we're raising the value...and we're introducing it through something called "white papers".'
10-6-2020 Intel Guru MarkZ [via PDK] News from Iraq is downright fantastic…even on their local TV they are talking about banking reforms and economic reforms being completed and going for a final vote for release. They said this week…so there is a tremendous amount of chatter out of Iraq with expectations of this week. Lets hope they get the “go ahead” from the rest of the world to pull that trigger. All currencies will go at the same time…so if Iraq happens…they all will happen.
10-6-2020 Newshound/Intel Guru Petra ...the white papers...have the date and the rate...I'm very excited and encouraged where we are. A lot of these articles that we've been seeing these last two weeks really pinpoint what their plan and strategy is. Now we're down to days. Not weeks. Not months. We're down to days...
10-6-2020 Intel Guru Delta ...patience is the key but it looks like we're on the verge of seeing something really big from Iraq and their currency...since the new governor of the Central Bank of Iraq took place it shocked a lot of us for the way he's handling the situation...as he promised all of us...the first day that he got the position...we are going to reform the banks #1 and he said he's going to strengthen the national currency...this guy is basically following that...the Financial Minister and the Central Bank Governor they just had an emergency meeting to basically finalize the last step in whatever it is they're about to do.
10-6-2020 Newshound Guru Kaperoni Implementing reforms to make the banking system in Iraq more open to investment will bring capital into Iraq. If they succeed, it will create pressure on the central banks capital account. This pressure will allow the bank to float the currency.
10-6-2020 Newshound Guru MilitiaMan Buna was launched in Feb, 2020...the borders will need to be linked accordingly for payments, taxes, tariffs, etc... All neighbor countries are apparently interconnected by BUNA electronically... "Buna"...is a multi-currency payment platform, provides clearing and settlement services, in Arab and international currencies that meet the eligibility criteria..." ...They can talk to each other with the platform. They can use, clear and settle multi - currencies... It doesn't get much better than this now. ...The reform paper has been completed. The are now implementing the steps by interlinking... Oh ya!! What's the next step? Well if they can talk to each other in multi- currencies... they need to know what the rates for pairing them...imo.
10-5-2020 Intel Guru RayRen98 [I wonder where are all these banks located where the people are being called in? It must not be in the United States because I have not seen or heard any of that being done.] THE BANK STORIES ARE HERE IN THE US. JUST BECAUSE YOU DON'T HEAR OF THEM DOESN'T MEAN THEY DON'T TAKE PLACE.
10-5-2020 Newshound Guru MilitiaMan Fairly sure they are ready to roll now. They implemented the first step today...Article: "The central bank imposes a fine on the shortage of small groups" CBI has warned banks with fines to not be short...in the small categories notes. Why? They'll be needed, as they will be considered to be large in the future...imo...
10-5-2020 Intel Guru MarkZ [Is it true that if Trump doesn’t win…we wont get an RV?] I do not think that is true…i am told the military has the RV…and it will be released no matter what. No matter who wins.
10-5-2020 Intel Guru Footforward "FROM IRAQI TV... "An informed source reported that the reform paper promised by the government of Prime Minister Mustafa Al-Kazemi, regarding the economic situation that Iraq is going through, has been completed" They know what's up. This conjecture over what to do with the dinar is theatre. They already know what they are going to do...what I'm getting at is if you read the articles it seems like they don't know if the value is going up or down or what they are doing. So I'm ready for this to go any time.
10-5-2020 Newshound Guru Pimpy ...good news coming out of Iraq...what we've been talking about over the last couple day is the issue with a lot of these embassies were talking about closing down, especially the American one, because they're not feeling safe. There's a lot of rocket attacks coming into the green zone... Article "Al-Kazemi's spokesman reveals that important leads have been reached regarding the indiscriminate rocket launchers" ...If they catch even more people and clear them off the streets...this brings stability into Iraq which is what we want so that the embassies stay open, outside investors feel good and they start coming in there. Good news I like that...
10-5-2020 Intel Guru MarkZ [via PDK] I am hearing great stuff out of Iraq…hearing they showed 2 more denominations of bills as they continue the education of the people before they change the rates. Great statement yesterday from some of their finance ministers as they wrap up their banking changes as they position themselves. [So RV this week?] An excellent chance – based on the chatter. We are sitting right on top of it.
10-5-2020 Newshound Guru Jeff I recently checked Iraq's inflation and I think it was down to about 1/2 percent. It was very low. Iraq will not be deleting the zeros off the notes. They will delete the zeros off the rate. But when they delete the zeros off the rate that essentially makes it 1 to 1 with the dollar. Once they make it 1 to 1 with the dollar that makes it too valuable so they have to bring out new notes. Two different currencies will coexist for a period of time. Smaller notes and larger notes. They have to bring out smaller notes because the currency will have too high of a value...
10-5-2020 Intel Guru Delta FROM IRAQI TV... "An informed source reported that the reform paper promised by the government of Prime Minister Mustafa Al-Kazemi, regarding the economic situation that Iraq is going through, has been completed"; "the reforms included in the paper included radical solutions to gradually save the country and stabilize its financial and economic situation."; "white paper will be presented to Al-Kazemi during this week and after that to the House of Representatives."
10-5-2020 Newshound Guru MilitiaMan Fairly sure they are ready to roll now. They implemented the first step today...Article: "The central bank imposes a fine on the shortage of small groups" CBI has warned banks with fines to not be short...in the small categories notes. Why? They'll be needed, as they will be considered to be large in the future...imo...
10-5-2020 Intel Guru MarkZ [Is it true that if Trump doesn’t win…we wont get an RV?] I do not think that is true…i am told the military has the RV…and it will be released no matter what. No matter who wins.
10-5-2020 Intel Guru Footforward "FROM IRAQI TV... "An informed source reported that the reform paper promised by the government of Prime Minister Mustafa Al-Kazemi, regarding the economic situation that Iraq is going through, has been completed" They know what's up. This conjecture over what to do with the dinar is theatre. They already know what they are going to do...what I'm getting at is if you read the articles it seems like they don't know if the value is going up or down or what they are doing. So I'm ready for this to go any time.
10-5-2020 Newshound Guru Pimpy ...good news coming out of Iraq...what we've been talking about over the last couple day is the issue with a lot of these embassies were talking about closing down, especially the American one, because they're not feeling safe. There's a lot of rocket attacks coming into the green zone... Article "Al-Kazemi's spokesman reveals that important leads have been reached regarding the indiscriminate rocket launchers" ...If they catch even more people and clear them off the streets...this brings stability into Iraq which is what we want so that the embassies stay open, outside investors feel good and they start coming in there. Good news I like that...
10-5-2020 Intel Guru MarkZ [via PDK] I am hearing great stuff out of Iraq…hearing they showed 2 more denominations of bills as they continue the education of the people before they change the rates. Great statement yesterday from some of their finance ministers as they wrap up their banking changes as they position themselves. [So RV this week?] An excellent chance – based on the chatter. We are sitting right on top of it.
10-5-2020 Newshound Guru Jeff I recently checked Iraq's inflation and I think it was down to about 1/2 percent. It was very low. Iraq will not be deleting the zeros off the notes. They will delete the zeros off the rate. But when they delete the zeros off the rate that essentially makes it 1 to 1 with the dollar. Once they make it 1 to 1 with the dollar that makes it too valuable so they have to bring out new notes. Two different currencies will coexist for a period of time. Smaller notes and larger notes. They have to bring out smaller notes because the currency will have too high of a value...
10-5-2020 Intel Guru Delta FROM IRAQI TV... "An informed source reported that the reform paper promised by the government of Prime Minister Mustafa Al-Kazemi, regarding the economic situation that Iraq is going through, has been completed"; "the reforms included in the paper included radical solutions to gradually save the country and stabilize its financial and economic situation."; "white paper will be presented to Al-Kazemi during this week and after that to the House of Representatives."
10-5-2020 *** Dinar Guru News Update *** President Trump released a video from the hospital the other night. Watch it below. He appears to be doing better. His spirits appear to be up. Many in the dinar community feel he plays a critical role in bringing back the dinar. We want him back on his feet to continue that progress. Love him, hate him or a little of both, Trump is our president. He's our stability and safety right now. Him and his team are our team. Put him, his family and his team in your thoughts and prayers. The latest guru posts will continue below...
10-4-2020 Newshound Guru Kaperoni ...the recent events pertaining to the central bank...They're working on reforms to the banking system not the currency. Banking reform and creating a suitable investment environment for the private sector are Iraq's priorities at this time. There's no time to waste. I do not expect currency reform until after the success of the banking reform and passing of laws to create a suitable investment environment...they have been procrastinating these economic reforms for several years, but only time will tell if they decide to complete them or collapse into chaos.
10-4-2020 Newshound Guru Pimpy Article: "The Finance Committee talks about losing the Iraqi dinar 10% of its value" We don't want that to happen. That's bad. If the dinar loses its value that's not good for us. We want its value to increase. We want the exchange rate to decrease. Quote: "the parliament financial committee warned on Saturday that the value of the Iraqi dinar had decreased by 10% during the past days..."
10-4-2020 Newshound Guru MilitiaMan Article: "Deputy Finance: The government cannot solve the economic crisis without harming the citizen" Quotes: "The government until now has not been able to properly and properly resolve the economic crisis..."; "...reported that the government is moving towards saving or reducing the dollar exchange rate..." So if you reduce the dollar exchange rate, it takes more dollars to buy the Dinar! That my friends is the whole enchilada.. That is what they are reeling to do! imo Be happy...
10-4-2020 Newshound Guru Pimpy I love the fact that the rate talk has been going on - period. Good, bad and ugly. The fact that they're talking about it seems to give me the impression that they know something needs to be done. What that is for sure I'm not sure myself but we're going to find out...
10-4-2020 Newshound/Intel Guru Mnt Goat Article: "THE WORLD BANK: IRAQ STANDS AT A CROSSROADS AND ITS GDP IS THE WORST SINCE 2003" Quote: “LACK OF STABILITY, LACK OF JOB OPPORTUNITIES, CORRUPTION AND POOR SERVICE PROVISION REMAIN AMONG THE MOST IMPORTANT RISKS SURROUNDING THE COUNTRY’S LONG-TERM GROWTH,” It’s not that they are not doing all these things but they are too slow to act. Also, these things should have been done already a decade ago. I think this is the point of the WB. We can see articles with the new prime minister al-Kazemi implementing programs to correct these issues. But it is an uphill battle all the way.
10-4-2020 Newshound Guru Pimpy Article: "The Finance Committee talks about losing the Iraqi dinar 10% of its value" We don't want that to happen. That's bad. If the dinar loses its value that's not good for us. We want its value to increase. We want the exchange rate to decrease. Quote: "the parliament financial committee warned on Saturday that the value of the Iraqi dinar had decreased by 10% during the past days..."
10-4-2020 Newshound Guru MilitiaMan Article: "Deputy Finance: The government cannot solve the economic crisis without harming the citizen" Quotes: "The government until now has not been able to properly and properly resolve the economic crisis..."; "...reported that the government is moving towards saving or reducing the dollar exchange rate..." So if you reduce the dollar exchange rate, it takes more dollars to buy the Dinar! That my friends is the whole enchilada.. That is what they are reeling to do! imo Be happy...
10-4-2020 Newshound Guru Pimpy I love the fact that the rate talk has been going on - period. Good, bad and ugly. The fact that they're talking about it seems to give me the impression that they know something needs to be done. What that is for sure I'm not sure myself but we're going to find out...
10-4-2020 Newshound/Intel Guru Mnt Goat Article: "THE WORLD BANK: IRAQ STANDS AT A CROSSROADS AND ITS GDP IS THE WORST SINCE 2003" Quote: “LACK OF STABILITY, LACK OF JOB OPPORTUNITIES, CORRUPTION AND POOR SERVICE PROVISION REMAIN AMONG THE MOST IMPORTANT RISKS SURROUNDING THE COUNTRY’S LONG-TERM GROWTH,” It’s not that they are not doing all these things but they are too slow to act. Also, these things should have been done already a decade ago. I think this is the point of the WB. We can see articles with the new prime minister al-Kazemi implementing programs to correct these issues. But it is an uphill battle all the way.
10-3-2020 Newshound Guru Pimpy ...doing something about the corruption is already bearing fruit there. The fact that they collect a record number of taxes in the month of September is outstanding. The fact that they've arrested and are continuing to investigate the people behind the missile attacks and Erbil is outstanding. This is all great news IMO...It's been more than impressive since al-Kazemi has been in there. He's been doing everything he said he's going to do. So far so good...I think a lot more people are starting to get behind Al-Kazemi and making sure that the Iraqi people are secure and that their sovereignty is respected.
10-3-2020 Intel Guru Frank26 Article after article after article in the last 5 days, actually even more, telling us that they're going to raise the value of their currency... Article " Iraq: the government is compelled to "delete the zeros" from the dinar currency...more than "3 scenarios" are expected that will affect salaries and living" the translation IMO is trying to tell you that they have 3 zeros that they're going to lift from their exchange rate...they decided on one option... quote "the government is now obliged to reduce the value of the Iraqi dinar against the dollar...without printing more and thus preserving the currency from collapsing." Without printing more...when you remove the 3 zeros you're left with about a dollar...and you didn't print any new currency because you got the new small category notes already in the banks ready to come out. When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar.
10-3-2020 Intel Guru Footforward [I just heard from a friend of mine who is friends with an international CPA here in Scottddale (originally from Iraq) state that we will have 30 days to exchange...His brother is in Parliament, so I think he gets a lot of his information from him ...What are your thoughts?] I'd love to know what they base that off of. I do think there is a window. 30 days seems rather tight to me. ...If covid restrictions are in place and people have to make appointments to go to the bank to exchange, 30 days seems tight to me. I don't doubt that is what they want. But Trump will make a deal that works for everybody. Iraq doesn't really have alot of say here. But if that is the case we will make it work. I wasn't planning to wait super long anyways. My sources have said because they felt that would be decided once an RV has happened...And that so much is so fluid right now...
10-3-2020 Newshound Guru Jeff ...Article: "Trump Administration Set to Announce Vietnam Currency Probe" This is from September 30th. Supposedly the Trump Administration is working on going after Vietnam for currency manipulation and a currency probe...here's a second article from October 1st...suggesting the same thing. Article: "Trump takes trade war aim at Vietnam's dong"
10-3-2020 Newshound Guru Pimpy The rate before the drop of the rate was I think $3.22...Back in the day before America invaded Iraq and they reduced their rate it was $3.22 which meant for every Iraqi dinar you exchanged we get back $3.22 American dollars. That's what it was before they lowered the Amount to protect the wealth of Iraq. A lot of us who believe that it could be a reinstatement of the rate and not a revaluation. We will see.
10-3-2020 Intel Guru Frank when we get down to the very nitty-gritty. When we're down to you know where they're about to release the new exchange rate you're going to see what we call the 'second article' from the CBI. Where it has the breakdown complete of all the reasons why they're doing what they're doing...we were looking for one specific article but it turns out that it's coming out in stages...
10-3-2020 Newshound Guru MilitiaMan Article: "Al-Rafidain Appeals To Citizens To Deposit Their Money In The Bank And Not To Hoard It In Homes" [Could this be the last ditch effort before the rate changes to get them 000 notes?] I suspect that is exactly what is going on. They have been told their currency is to strengthen and have been told they’ll need to be apart of that electronic system as, the new system is coming on line. That may very well be very soon from the sounds of it. Tomorrow [Saturday] is a special day [Tomorrow .. the anniversary of the independence of Iraq from the British mandate.] If nothing changes it is to be Iraq’s new international day and by international law standards. That should bring with it full sovereignty...
10-3-2020 Intel Guru Frank26 Article after article after article in the last 5 days, actually even more, telling us that they're going to raise the value of their currency... Article " Iraq: the government is compelled to "delete the zeros" from the dinar currency...more than "3 scenarios" are expected that will affect salaries and living" the translation IMO is trying to tell you that they have 3 zeros that they're going to lift from their exchange rate...they decided on one option... quote "the government is now obliged to reduce the value of the Iraqi dinar against the dollar...without printing more and thus preserving the currency from collapsing." Without printing more...when you remove the 3 zeros you're left with about a dollar...and you didn't print any new currency because you got the new small category notes already in the banks ready to come out. When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar.
10-3-2020 Intel Guru Footforward [I just heard from a friend of mine who is friends with an international CPA here in Scottddale (originally from Iraq) state that we will have 30 days to exchange...His brother is in Parliament, so I think he gets a lot of his information from him ...What are your thoughts?] I'd love to know what they base that off of. I do think there is a window. 30 days seems rather tight to me. ...If covid restrictions are in place and people have to make appointments to go to the bank to exchange, 30 days seems tight to me. I don't doubt that is what they want. But Trump will make a deal that works for everybody. Iraq doesn't really have alot of say here. But if that is the case we will make it work. I wasn't planning to wait super long anyways. My sources have said because they felt that would be decided once an RV has happened...And that so much is so fluid right now...
10-3-2020 Newshound Guru Jeff ...Article: "Trump Administration Set to Announce Vietnam Currency Probe" This is from September 30th. Supposedly the Trump Administration is working on going after Vietnam for currency manipulation and a currency probe...here's a second article from October 1st...suggesting the same thing. Article: "Trump takes trade war aim at Vietnam's dong"
10-3-2020 Newshound Guru Pimpy The rate before the drop of the rate was I think $3.22...Back in the day before America invaded Iraq and they reduced their rate it was $3.22 which meant for every Iraqi dinar you exchanged we get back $3.22 American dollars. That's what it was before they lowered the Amount to protect the wealth of Iraq. A lot of us who believe that it could be a reinstatement of the rate and not a revaluation. We will see.
10-3-2020 Intel Guru Frank when we get down to the very nitty-gritty. When we're down to you know where they're about to release the new exchange rate you're going to see what we call the 'second article' from the CBI. Where it has the breakdown complete of all the reasons why they're doing what they're doing...we were looking for one specific article but it turns out that it's coming out in stages...
10-3-2020 Newshound Guru MilitiaMan Article: "Al-Rafidain Appeals To Citizens To Deposit Their Money In The Bank And Not To Hoard It In Homes" [Could this be the last ditch effort before the rate changes to get them 000 notes?] I suspect that is exactly what is going on. They have been told their currency is to strengthen and have been told they’ll need to be apart of that electronic system as, the new system is coming on line. That may very well be very soon from the sounds of it. Tomorrow [Saturday] is a special day [Tomorrow .. the anniversary of the independence of Iraq from the British mandate.] If nothing changes it is to be Iraq’s new international day and by international law standards. That should bring with it full sovereignty...
10-2-2020 Newshound Guru Pimpy There's a difference between lowering the exchange rate and devaluing the dinar. Lowering the exchange rate benefits us. Devaluing the currency is bad for us. So if they devalued their currency on the exchange side that means you would get more dinar for your dollar. In other words if they devalued the dinar instead of getting 1190 dinars for every one dollar you might get something like 2000 dinars. That's because it's cheaper to buy. Make sure you don't mix them up...exchange rate lowering - good. Dinar devaluing - bad.
10-2-2020 Intel/Newshound Guru Frank26 ..the reason we don't have the new exchange rate...is because of Iran and anything associated with Iran...
10-2-2020 Intel Guru Bruce ...we also heard that the IMF and United Nations both encouraged Iraq to go ahead and celebrate their new revalued Dinar...this coming Saturday...So we understand that rate is known internationally – however – we tend not to bring something from Iraq that’s known in Iraq or Middle East or internationally here to the United States until we are ready to go - and that is probably the situation now...Basically we are in the process – it did start – It’s coming east to west...we are looking at very early next week for our start... [post 2 of 2]
10-2-2020 Intel Guru Bruce [via WiserNow] What we’re hearing is very encouraging and yes today is the first day of the new fiscal year – first day of the 4th quarter of the calendar year and it is the first day where we have the Quantum Financial System completely autonomous apart from the SWIFT System...Now – Iraq...was to put out their new international rate on the Iraqi Dinar – We got that information yesterday that it yes in fact had happened - that was out...Now we also heard there was an international rate established that even in country – in... Iraq – was even a little higher than what Shabibi predicted the Dinar could support in US dollars - so that was encouraging... [post 1 of 2....stay tuned]
10-2-2020 Newshound Guru Kaperoni [So if it’s a LOP, my 3,500,000 Dinar is worthless.] No, if they were to LOP it would be a neutral event. No loss, no gain. And the dinar can always appreciate thereafter.
10-2-2020 Newshound/Intel Guru Mnt Goat Article: "PLANNING ACKNOWLEDGES THE "FAILURE" OF ITS STRATEGY TO SUPPORT THE PRIVATE SECTOR" can’t support the private sector because in Iraq alone there is no private sector, get it? The private sector comes from outside investors coming into Iraq with there money to invest in shopping malls, restaurants, shops, manufacturing, etc. These investors do want to come in without an easy, non-corrupt way to transfer capital and profits in and out of Iraq. Currently they can not do this for fear of it being stolen and disappearing. Also there are still laws from the Saddam period that prohibit land ownership etc., that must change. Iraq must get with the 21st century...
10-2-2020 Intel Guru Footforward [How fast do you think it will go up from 1:1 ? Meaning how long for $3-$4 per dinar?] My opinion. Not financial or investment advice. It can't come out at one to one. It has to be over 3...At 3 dollars a million dinar is worth 3 million...they will trade dinar for USD in country at a one to one rate to get them off the street. Don't confuse that with the rate we exchange at...between 3 and 4.80 in my opinion...I'm still looking for the Boom with eyes on Iran.
10-2-2020 Newshound Guru Pimpy 6 missiles were launched. This is on the heals of Al-Kazemi trying to talk Mike Pompeo and them out of closing the U.S. embassy and now other embassies internationally are talking about closing. This is all bad. All of this is bad for Iraq. If the embassies start closing that means they don't feel secure there. That means it's unstable and this is a hug major blow to what we're trying to achieve both short term and long term...I'm watching the country unite to stop this.
10-2-2020 Intel/Newshound Guru tman23 ...I take you back to this old article quote. "THE NEW CURRENCY MUST CONE FIRST AS A PRECURSOR TO THE OLD AND REMOVING THE 3 ZEROES" .... In Iraq the central bank will send change to the finance minister he will forward it to the President ... The above quote has always been a wonder to a LOP or if there will be a short period of time for an exchange including the 3 zeros with a new rate .... sept 28 and on Iraq always got hot on the currency issue , they did back in 2012 when they were going to do it but Shabibi had an arrest warrant out on him...GET READY FOR RED OCTOBER...NOT THE MOVIE...MORE TO THIS STORY AS IT BEGINS.
10-2-2020 Newshound Guru Kaperoni ...a LOP is not something that the Central Bank of Iraq can just do... it requires parliamentary approval because it changes the face value of the banknotes. Personally, I do not think a LOP (redenomination) is the plan. There is too much talk about floating the currency and allowing it to at least initially to devalue to save money. This is not what investors want to hear...But I expect Iraq to follow the IMF directives. As the IMF said...send a positive message to the investor community and facilitate a favorable business climate.
10-2-2020 Intel Guru Frank26 The last five days all they talk about is the exchange rate of the Iraqi dinar... "no Frank, they said they are going to decrease the value of the Iraqi dinar?" The translation isn't proper. The wording is wrong...what they're doing is they're going to decrease the 3 zeros from the exchange rate to add value to the currency of the Iraqi dinar...
10-2-2020 Intel Guru RayRen98 Article: "The Central Bank of Iraq decided, and based on the minutes of the Currency Affairs Committee meeting No. (6) for the year 2020 held on 9/23/2020" Quote: "Re-impose a shortage fine on the small denominations ( 1000 , 500 , 250 ), starting from the date of 1/10/2020 and according to the instructions of the standards for circulation and replacement of banknotes, and the mechanisms of counting and sorting." Reportedly, Iraqi banks are receiving new 250, 500 and 1,000 dinar notes and are using advertising to encourage hoarders to deposit their money with added emphasis on reading the "Special Instructions".
10-2-2020 Intel/Newshound Guru Frank26 ..the reason we don't have the new exchange rate...is because of Iran and anything associated with Iran...
10-2-2020 Intel Guru Bruce ...we also heard that the IMF and United Nations both encouraged Iraq to go ahead and celebrate their new revalued Dinar...this coming Saturday...So we understand that rate is known internationally – however – we tend not to bring something from Iraq that’s known in Iraq or Middle East or internationally here to the United States until we are ready to go - and that is probably the situation now...Basically we are in the process – it did start – It’s coming east to west...we are looking at very early next week for our start... [post 2 of 2]
10-2-2020 Intel Guru Bruce [via WiserNow] What we’re hearing is very encouraging and yes today is the first day of the new fiscal year – first day of the 4th quarter of the calendar year and it is the first day where we have the Quantum Financial System completely autonomous apart from the SWIFT System...Now – Iraq...was to put out their new international rate on the Iraqi Dinar – We got that information yesterday that it yes in fact had happened - that was out...Now we also heard there was an international rate established that even in country – in... Iraq – was even a little higher than what Shabibi predicted the Dinar could support in US dollars - so that was encouraging... [post 1 of 2....stay tuned]
10-2-2020 Newshound Guru Kaperoni [So if it’s a LOP, my 3,500,000 Dinar is worthless.] No, if they were to LOP it would be a neutral event. No loss, no gain. And the dinar can always appreciate thereafter.
10-2-2020 Newshound/Intel Guru Mnt Goat Article: "PLANNING ACKNOWLEDGES THE "FAILURE" OF ITS STRATEGY TO SUPPORT THE PRIVATE SECTOR" can’t support the private sector because in Iraq alone there is no private sector, get it? The private sector comes from outside investors coming into Iraq with there money to invest in shopping malls, restaurants, shops, manufacturing, etc. These investors do want to come in without an easy, non-corrupt way to transfer capital and profits in and out of Iraq. Currently they can not do this for fear of it being stolen and disappearing. Also there are still laws from the Saddam period that prohibit land ownership etc., that must change. Iraq must get with the 21st century...
10-2-2020 Intel Guru Footforward [How fast do you think it will go up from 1:1 ? Meaning how long for $3-$4 per dinar?] My opinion. Not financial or investment advice. It can't come out at one to one. It has to be over 3...At 3 dollars a million dinar is worth 3 million...they will trade dinar for USD in country at a one to one rate to get them off the street. Don't confuse that with the rate we exchange at...between 3 and 4.80 in my opinion...I'm still looking for the Boom with eyes on Iran.
10-2-2020 Newshound Guru Pimpy 6 missiles were launched. This is on the heals of Al-Kazemi trying to talk Mike Pompeo and them out of closing the U.S. embassy and now other embassies internationally are talking about closing. This is all bad. All of this is bad for Iraq. If the embassies start closing that means they don't feel secure there. That means it's unstable and this is a hug major blow to what we're trying to achieve both short term and long term...I'm watching the country unite to stop this.
10-2-2020 Intel/Newshound Guru tman23 ...I take you back to this old article quote. "THE NEW CURRENCY MUST CONE FIRST AS A PRECURSOR TO THE OLD AND REMOVING THE 3 ZEROES" .... In Iraq the central bank will send change to the finance minister he will forward it to the President ... The above quote has always been a wonder to a LOP or if there will be a short period of time for an exchange including the 3 zeros with a new rate .... sept 28 and on Iraq always got hot on the currency issue , they did back in 2012 when they were going to do it but Shabibi had an arrest warrant out on him...GET READY FOR RED OCTOBER...NOT THE MOVIE...MORE TO THIS STORY AS IT BEGINS.
10-2-2020 Newshound Guru Kaperoni ...a LOP is not something that the Central Bank of Iraq can just do... it requires parliamentary approval because it changes the face value of the banknotes. Personally, I do not think a LOP (redenomination) is the plan. There is too much talk about floating the currency and allowing it to at least initially to devalue to save money. This is not what investors want to hear...But I expect Iraq to follow the IMF directives. As the IMF said...send a positive message to the investor community and facilitate a favorable business climate.
10-2-2020 Intel Guru Frank26 The last five days all they talk about is the exchange rate of the Iraqi dinar... "no Frank, they said they are going to decrease the value of the Iraqi dinar?" The translation isn't proper. The wording is wrong...what they're doing is they're going to decrease the 3 zeros from the exchange rate to add value to the currency of the Iraqi dinar...
10-2-2020 Intel Guru RayRen98 Article: "The Central Bank of Iraq decided, and based on the minutes of the Currency Affairs Committee meeting No. (6) for the year 2020 held on 9/23/2020" Quote: "Re-impose a shortage fine on the small denominations ( 1000 , 500 , 250 ), starting from the date of 1/10/2020 and according to the instructions of the standards for circulation and replacement of banknotes, and the mechanisms of counting and sorting." Reportedly, Iraqi banks are receiving new 250, 500 and 1,000 dinar notes and are using advertising to encourage hoarders to deposit their money with added emphasis on reading the "Special Instructions".
10-1-2020 Newshound/Intel Guru Mnt Goat I still hold the FACTS that they are telling us the CBI is planning for an early January 2021 reinstatement of the dinar but again I am also saying that unless we begin to see some signs soon of the “project to delete the zeros” we can move on to another target. This project to delete the zeros is not something they will just do and not tell the citizens they are planning to do it. It will take time and much coordination. It may take a month or two to do. This is why, when the time comes, they cannot hide it from us. ...It will be in the daily written news from Iraq and something we can verify...
10-1-2020 Intel Guru Delta Article: "Iraq: the government is compelled to "delete the zeros" from the dinar currency ... more than "3 scenarios" are expected that will affect salaries and living" THERE IT'S...VERY CLEAR NOW AWESOME NEWS.
10-1-2020 Intel Guru RayRen98 Reportedly, Iraqi President Barham Salih was on Iraqi TV stating that there are three plans for reducing the rate of the dinar and deleting the 3 zeros. One of those will be chosen soon.
10-1-2020 Newshound Guru Kaperoni Several articles today about LOPing the dinar. We have said numerous times that this is a possibility. [I know this can be an option, but I believe it's a slim chance based on most of the other articles from CBI. Do you agree, Kap?] It would take parliament approval and therefore we are watching for such action. In an article last evening, the prime minister's reform paper to be submitted to parliament has been postponed until mid-October. If so, we won't see anything being done until then. With all the recent talk about deleting the zeros, it is concerning a LOP is in this reform.
10-1-2020 Newshound Guru Pimpy ...A couple days ago or so we had an article in which the IMF was suggesting that Iraq do a reduction on the exchange rate. That's good for us. We got other news. Article "Iraq: the government is compelled to "delete the zeros" from the dinar currency..." ...This person is suggesting that...they go ahead and devalue the currency. This scenario is not good for us. We want them to reduce the exchange rate. We do not want them to reduce the value of the actual dinar...this has been studied. This has been talked about several times....the studies show is you can't do that [devalue the currency]. It effects the poor people...in addition to that it'll cause the citizens of the country to lose faith in their currency because it has no value...this article here is an economic expert saying that this is what the Iraqi government should do. The other article is the IMF saying this is what they want done...a reduction in the exchange rate. That's good for us.
10-1-2020 Newshound Guru Jeff ...we have not seen article talking about deleting the zeros this whole year. This week alone we've seen two of them. That's good. That's encouraging. But these are actually talking about a LOP which is removing zeros off the physical notes which is a devaluation of their currency. Not an increase...This information is not from the Central Bank. It's from private news groups which means the people sharing - this information is their opinion. Unless this type of information is from the Central Bank we don't care...
10-1-2020 Intel Guru Bruce [via WiserNow] ...only very few people know what the rate is on the new Iraqi Dinar but we have a rough idea – I think based on what Dr Shabibi said when he was here back in 2012 – if you remember that particular meeting he said that the Dinar was capable of sustaining at XX dollars and you remember what that was – I think we could be there or higher here for this country...rates are going to be fine ...
10-1-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK CONFIRMS THE IMMINENT LAUNCH OF THE TERMS OF THE BANKING SECTOR REFORM PAPER" I like the use of the words like “imminent and soon”. We know that this reform paper does include the project to delete the zeros...
10-1-2020 Newshound Guru MilitiaMan Article: "Trade and Communications discuss the implementation of the digital economy project" Get ready to be digital with a new system in place that will provide transparency. They say it is for a digital economy. Well, the last I checked the IQD is to be very big part of that equation. The taxes and tariffs at the borders will be digitized, block chain oriented. Just as they new IQD will be with the new print they talk about that will replace the 10k, 25k and 50k notes. There is change on the horizon and they will monitor it all along the way, 6 layers deep.. imo.. Look at the money at stake.. This country is about to explode in value. imo.
10-1-2020 Intel Guru Delta Article: "Iraq: the government is compelled to "delete the zeros" from the dinar currency ... more than "3 scenarios" are expected that will affect salaries and living" THERE IT'S...VERY CLEAR NOW AWESOME NEWS.
10-1-2020 Intel Guru RayRen98 Reportedly, Iraqi President Barham Salih was on Iraqi TV stating that there are three plans for reducing the rate of the dinar and deleting the 3 zeros. One of those will be chosen soon.
10-1-2020 Newshound Guru Kaperoni Several articles today about LOPing the dinar. We have said numerous times that this is a possibility. [I know this can be an option, but I believe it's a slim chance based on most of the other articles from CBI. Do you agree, Kap?] It would take parliament approval and therefore we are watching for such action. In an article last evening, the prime minister's reform paper to be submitted to parliament has been postponed until mid-October. If so, we won't see anything being done until then. With all the recent talk about deleting the zeros, it is concerning a LOP is in this reform.
10-1-2020 Newshound Guru Pimpy ...A couple days ago or so we had an article in which the IMF was suggesting that Iraq do a reduction on the exchange rate. That's good for us. We got other news. Article "Iraq: the government is compelled to "delete the zeros" from the dinar currency..." ...This person is suggesting that...they go ahead and devalue the currency. This scenario is not good for us. We want them to reduce the exchange rate. We do not want them to reduce the value of the actual dinar...this has been studied. This has been talked about several times....the studies show is you can't do that [devalue the currency]. It effects the poor people...in addition to that it'll cause the citizens of the country to lose faith in their currency because it has no value...this article here is an economic expert saying that this is what the Iraqi government should do. The other article is the IMF saying this is what they want done...a reduction in the exchange rate. That's good for us.
10-1-2020 Newshound Guru Jeff ...we have not seen article talking about deleting the zeros this whole year. This week alone we've seen two of them. That's good. That's encouraging. But these are actually talking about a LOP which is removing zeros off the physical notes which is a devaluation of their currency. Not an increase...This information is not from the Central Bank. It's from private news groups which means the people sharing - this information is their opinion. Unless this type of information is from the Central Bank we don't care...
10-1-2020 Intel Guru Bruce [via WiserNow] ...only very few people know what the rate is on the new Iraqi Dinar but we have a rough idea – I think based on what Dr Shabibi said when he was here back in 2012 – if you remember that particular meeting he said that the Dinar was capable of sustaining at XX dollars and you remember what that was – I think we could be there or higher here for this country...rates are going to be fine ...
10-1-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK CONFIRMS THE IMMINENT LAUNCH OF THE TERMS OF THE BANKING SECTOR REFORM PAPER" I like the use of the words like “imminent and soon”. We know that this reform paper does include the project to delete the zeros...
10-1-2020 Newshound Guru MilitiaMan Article: "Trade and Communications discuss the implementation of the digital economy project" Get ready to be digital with a new system in place that will provide transparency. They say it is for a digital economy. Well, the last I checked the IQD is to be very big part of that equation. The taxes and tariffs at the borders will be digitized, block chain oriented. Just as they new IQD will be with the new print they talk about that will replace the 10k, 25k and 50k notes. There is change on the horizon and they will monitor it all along the way, 6 layers deep.. imo.. Look at the money at stake.. This country is about to explode in value. imo.
9-30-2020 Newshound/Intel Guru Mnt Goat Article: "MAZHAR MUHAMMAD SALEH: THE GOVERNMENT CONCLUDED NEARLY 19,000 CONTRACTING CONTRACTS WORTH $ 100 BILLION" So how will they transfer funds effectively to support all these projects? Good question if they don’t have a tradable/international currency.
9-30-2020 Intel Guru Bruce [via WiserNow] ...we do know that in Iraq – in a 20 mile zone – between the Iranian border and Iraq – in that zone – in North Kurdistan – we know that there were about 2800 people arrested in a day’s period of time by sunset yesterday - Taken in custody – and that cleared the way I believe for traffic to be proper between Iran and Iraq on the Norther Border...and then also we’ve heard that Kurdistan is saying that they’re open for business – Internationally – that’s significant...
9-30-2020 Intel Guru Footforward ...It's still my opinion that Trump would like to get this done before the election. We may potentially be waiting on a peace deal involving the US , Israel and Iraq ...I'm watching Iran and expecting another SIGNIFICANT strike.
9-30-2020 Newshound Guru Adam Montana ...Dinar is still looking very positive, and everything I talked about last week just keeps building on itself and more good stuff is adding to the pile of "amazing" potential for a *soon* RV... Go Iraq, GO RVVV!!! [reference Adam Montana post 1 and 2, 9-23-2020]
9-30-2020 Newshound Guru Pimpy ...try not to get overly emotional with any news that any of us are reporting. It's speculative...It's only my opinion that the talk of a rate change, if it's going to happen, it's going happen in the 2021 budget. If it happens sooner then great. There's no indication that that's happening. So far all we know about the 2020 budget is it's covering salaries as well as the operation expense and nothing more. We are aware that the reform papers do have the exchange rate chat in there but we don't know what that means. Hopefully we will find out soon.
9-30-2020 Intel Guru MarkZ [via PDK] Other than more positive chatter out of Iraq…there has been no movement...I am positive we have an end date…everything is planned…we are just waiting out the last few days…trying to get over the hump.
9-30-2020 Intel Guru Bruce [via WiserNow] ...last Thursday...we thought...we could go anytime this week Tuesday/Wednesday/Thursday was the general feel – its’ looking very good still...We are looking at the possibility...from some sources - get notification on Wednesday...but the very real possibility of going and starting on Thursday...which is October 1st...realistically – I think we should set our sights for Thursday Oct 1st... However...we believe since the Iraqi Dinar [has] been talked about over in Iraq on television...all over TV the last couple of days – that the Dinar would change its value Wednesday...So there’s some really good signs that are pointing toward this going...
9-30-2020 Newshound Guru Jeff ...it almost looks and shows that this national day that they're creating as of October 3rd that there's a good chance that they're almost declaring it as a national historical marker for Iraq...
9-30-2020 Intel Guru Frank26 ...I do believe there is going to be a very important step...within this week. The month of September is still alive. Let's put it this way, I'm interested in what will happen between tomorrow and the 10th of next month...
9-30-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK HOLDS A MEETING WITH THE IRAQI BANKING SECTOR" Quote: “the importance of developing banking services and products in the next stage." So, what does this mean? To me it means that when they end the currency auctions the banks will need other means of generating revenues to survive. Right now, they rely on nearly 90% of their bank revenue from the spread $$ from the currency auctions. To end the auctions, the CBI must find other means for the banks to survive and profit. They also need a plan to get the salaries into the bank to create liquidity for loans, etc. So, this is all good news, however we have been hearing this for years already but nothing is ever done about it. Let’s hope it’s different this time.
9-30-2020 Newshound Guru Kaperoni Information...is stating the US is closing it's embassy in Baghdad. It has also been stated if the US Embassy is closing there will be sanctions on the Central Bank of Iraq as a result. This certainly could affect Iraq's monetary policy.
9-30-2020 Intel Guru Bruce [via WiserNow] ...we do know that in Iraq – in a 20 mile zone – between the Iranian border and Iraq – in that zone – in North Kurdistan – we know that there were about 2800 people arrested in a day’s period of time by sunset yesterday - Taken in custody – and that cleared the way I believe for traffic to be proper between Iran and Iraq on the Norther Border...and then also we’ve heard that Kurdistan is saying that they’re open for business – Internationally – that’s significant...
9-30-2020 Intel Guru Footforward ...It's still my opinion that Trump would like to get this done before the election. We may potentially be waiting on a peace deal involving the US , Israel and Iraq ...I'm watching Iran and expecting another SIGNIFICANT strike.
9-30-2020 Newshound Guru Adam Montana ...Dinar is still looking very positive, and everything I talked about last week just keeps building on itself and more good stuff is adding to the pile of "amazing" potential for a *soon* RV... Go Iraq, GO RVVV!!! [reference Adam Montana post 1 and 2, 9-23-2020]
9-30-2020 Newshound Guru Pimpy ...try not to get overly emotional with any news that any of us are reporting. It's speculative...It's only my opinion that the talk of a rate change, if it's going to happen, it's going happen in the 2021 budget. If it happens sooner then great. There's no indication that that's happening. So far all we know about the 2020 budget is it's covering salaries as well as the operation expense and nothing more. We are aware that the reform papers do have the exchange rate chat in there but we don't know what that means. Hopefully we will find out soon.
9-30-2020 Intel Guru MarkZ [via PDK] Other than more positive chatter out of Iraq…there has been no movement...I am positive we have an end date…everything is planned…we are just waiting out the last few days…trying to get over the hump.
9-30-2020 Intel Guru Bruce [via WiserNow] ...last Thursday...we thought...we could go anytime this week Tuesday/Wednesday/Thursday was the general feel – its’ looking very good still...We are looking at the possibility...from some sources - get notification on Wednesday...but the very real possibility of going and starting on Thursday...which is October 1st...realistically – I think we should set our sights for Thursday Oct 1st... However...we believe since the Iraqi Dinar [has] been talked about over in Iraq on television...all over TV the last couple of days – that the Dinar would change its value Wednesday...So there’s some really good signs that are pointing toward this going...
9-30-2020 Newshound Guru Jeff ...it almost looks and shows that this national day that they're creating as of October 3rd that there's a good chance that they're almost declaring it as a national historical marker for Iraq...
9-30-2020 Intel Guru Frank26 ...I do believe there is going to be a very important step...within this week. The month of September is still alive. Let's put it this way, I'm interested in what will happen between tomorrow and the 10th of next month...
9-30-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK HOLDS A MEETING WITH THE IRAQI BANKING SECTOR" Quote: “the importance of developing banking services and products in the next stage." So, what does this mean? To me it means that when they end the currency auctions the banks will need other means of generating revenues to survive. Right now, they rely on nearly 90% of their bank revenue from the spread $$ from the currency auctions. To end the auctions, the CBI must find other means for the banks to survive and profit. They also need a plan to get the salaries into the bank to create liquidity for loans, etc. So, this is all good news, however we have been hearing this for years already but nothing is ever done about it. Let’s hope it’s different this time.
9-30-2020 Newshound Guru Kaperoni Information...is stating the US is closing it's embassy in Baghdad. It has also been stated if the US Embassy is closing there will be sanctions on the Central Bank of Iraq as a result. This certainly could affect Iraq's monetary policy.
9-29-2020 Intel Guru Frank26 & Newshound/Intel Guru Walkingstick ...if you take the Financial Law is the law of the Financial Reform...the new exchange rate is in the law...the financial reform...also contains the HCL along with the new rate, along with the new date when the rate will be released. We have been calling these Financial Reform papers the white papers.
9-29-2020 Newshound/Intel Guru Mnt Goat All the news coming out of Iraq is positive. It is all about two important topics mostly namely fighting their corruption and reforming the banking sector. We already know that almost all of the efforts are completed to bring Iraq online to the international community. This is coming soon. Hang in a bit longer...They are still moving towards an early January 2021 reinstatement.
9-29-2020 Intel Guru MarkZ [via PDK] The chatter out of Iraq has just been fantastic…the lower denominations…the movement on corruptions…so much great chatter out of there... My Iraqi contacts are very excited…thinking we will see it over the next week or so …Lots of international contacts are looking at Oct. 1st. It’s 2 days away and they better get awfully busy for that to happen... Bankers are still stuck in position…they do not want them to leave...I believe we are still close. I wish I had more for you but they have done a good job cracking down on leaks.
9-29-2020 Intel Guru Frank26 ...They [Iraqi people] are finally realizing, 'my goodness gracious, we have a prime minister that is finally helping us. We have a chance. They are telling us they are going to change the exchange rate. You can say it's a rumor but it's not a rumor. They are telling us and we're talking about it everywhere.' You go have a hookah, hair cuts, we go to the mosque, everywhere we talk about this.'
9-29-2020 Newshound/Intel Guru Petra ...we haven't seen the reform papers yet and we haven't seen the budget yet because they all have to do with the rate...what else needs to happen? We need to see the rate. And now this International day coming on the 3rd...I think we're at the end of the train finally...I think this next week is going to be quite exciting...
9-29-2020 Newshound Guru Jeff Article "Iraqi government proposes October 3 National Day" ...this new national holiday is to give Iraq official and international recognition for the establishment of Iraq being an independent Iraqi state. That's the purpose of this new holiday for it being renamed from Independence Day to now National Day. On October 3rd. This coming Saturday...This has nothing to do with the rate change. Something of interest.
9-29-2020 Newshound Guru Pimpy ...ever since Al-Kazemi has been in office we've seen huge strives. Not very many if any back-steps. Most of them have all been positive. There's a reason to feel very optimistic about what's going on...
9-29-2020 Newshound/Intel Guru Mnt Goat All the news coming out of Iraq is positive. It is all about two important topics mostly namely fighting their corruption and reforming the banking sector. We already know that almost all of the efforts are completed to bring Iraq online to the international community. This is coming soon. Hang in a bit longer...They are still moving towards an early January 2021 reinstatement.
9-29-2020 Intel Guru MarkZ [via PDK] The chatter out of Iraq has just been fantastic…the lower denominations…the movement on corruptions…so much great chatter out of there... My Iraqi contacts are very excited…thinking we will see it over the next week or so …Lots of international contacts are looking at Oct. 1st. It’s 2 days away and they better get awfully busy for that to happen... Bankers are still stuck in position…they do not want them to leave...I believe we are still close. I wish I had more for you but they have done a good job cracking down on leaks.
9-29-2020 Intel Guru Frank26 ...They [Iraqi people] are finally realizing, 'my goodness gracious, we have a prime minister that is finally helping us. We have a chance. They are telling us they are going to change the exchange rate. You can say it's a rumor but it's not a rumor. They are telling us and we're talking about it everywhere.' You go have a hookah, hair cuts, we go to the mosque, everywhere we talk about this.'
9-29-2020 Newshound/Intel Guru Petra ...we haven't seen the reform papers yet and we haven't seen the budget yet because they all have to do with the rate...what else needs to happen? We need to see the rate. And now this International day coming on the 3rd...I think we're at the end of the train finally...I think this next week is going to be quite exciting...
9-29-2020 Newshound Guru Jeff Article "Iraqi government proposes October 3 National Day" ...this new national holiday is to give Iraq official and international recognition for the establishment of Iraq being an independent Iraqi state. That's the purpose of this new holiday for it being renamed from Independence Day to now National Day. On October 3rd. This coming Saturday...This has nothing to do with the rate change. Something of interest.
9-29-2020 Newshound Guru Pimpy ...ever since Al-Kazemi has been in office we've seen huge strives. Not very many if any back-steps. Most of them have all been positive. There's a reason to feel very optimistic about what's going on...
9-28-2020 Newshound Guru Jeff Article: "Parliament Finance expects the 2020 budget to arrive in Parliament in two days" They're telling you they have not shown or revealed the numbers publicly...IMO they have to hide the figures of the budgets because it's pretty much calculated in the billions not trillions because it's calculated off the rate change. Budgets don't contain rates. Budgets are calculated off the rate change. When the rate changes the budget transitions from trillions of dinar down to billions of dinar. That's the deletion of the zeros off the rate...they're hiding the budget figures because it's going to be calculated in billions not trillion and it's to hide the freaking rate change... everything is lining up right before your eyes.
9-28-2020 Newshound Guru Pimpy ...the last 24 hours have been very interesting...we're still hearing news about the Iraqi dinar exchange rate...We know they're talking about the exchange rate. Hell they even came out so far as to say they needed to decrease the exchange rate...decreasing the rate helps those individuals who hold on to dinar...they're saying decrease the number of dinars you get for every U.S dollar [Which is good for us]...until they do anything with their rate change we have no idea of what's really going to happen...even if they decrease the rate we don't know about how much...that's why I want people to say grounded. All of this is good news. We like it...
9-28-2020 Newshound Guru MilitiaMan If the recent article talking about balancing the banking policy has anything to do with this, which, imo it surely does, it talks about using a balance of payments between the Dinar and the US Dollar...We can see there is an apparent change coming. We are hearing that Media yesterday was telling the citizens a change in rate was to be expected now. Articles from the banking sector and the GOI support that! In fact economists, the CBI Gov and the PM have piped in on the matter!! Times are looking very good! There are other peripheral things on going that also support that the CBI is about to talk terms!! Imo. [post 2 of 2]
9-28-2020 Newshound Guru MilitiaMan Article: "The Central Bank: The reform paper for the banking sector will be launched soon" Quote: "The Central Bank of Iraq announced, on Sunday, that the terms of the reform paper will be imminent for the banking sector." The theme in this imo is the wording “Terms”. Recall last week...there were two large energy companies working on agreements to provide electricity. Both GE and Siemens were telling us they have projects but they couldn’t yet disclose the terms... Here...the CBI is gearing to expose the terms of the reforms paper. Terms are at what rate the banking sector will be using to advance it’s current reality. Similar to the terms the two companies could talk about!! [post 1 of 2....stay tuned]
9-28-2020 Intel Guru MarkZ [via PDK] We are still hearing very positive things out of Iraq...The middle east is very positive that we will soon get a new rate this week. Things still appear to be sitting on the precipice.
9-28-2020 Newshound Guru Jeff Article: "Concerning the currency, salaries and commodity prices ... 10 economic measures and 'radical' financial changes that Iraq is expected to implement next year" ...number one is huge. Quote: "1. Decrease the national currency exchange rate." They're telling you they're going to decrease the national currency exchange rate. When they decrease the rate it actually increases the value of the currency...Iraq will never tell you the year they're going to do that step. So the fact that they're telling you '21 disregard that part of the article because they will never tell you the truth when they plan to physically increase the value of their currency...
9-28-2020 Newshound Guru Pimpy Article: "Concerning the currency and commodity prices...10 economic measures and "radical" financial changes that Iraq is expected to implement next year". That's 2021. It's the International Monetary Fund. This is their reforms. They're talking about decreasing the national rate...I say we need to slow down even though this is good news. We don't know how much that rate is. Considering it is the IMF I'm always hesitant. Of course Any decrease is good. But [Hypothetically] if they went from giving us 1190 Iraqi dinars to all of a sudden giving us 1700 dinars sure all you guys would be be like Yay! But it's not that big of a deal. It's just a slight increase...there you have it. This is what they want to implement in 2021...talk of decreasing the rate is here...it looks good. [Post 2 of 2]
9-28-2020 Newshound Guru Pimpy Right now for 1 American dollar you can get 1190 Iraqi dinar...if that number [1190] increases that means the value of the dinar is going down. That's not good...if that number [1190] decreases that means the value of the dinar is rising against the U.S. dollar...we want to see that number decrease...a lot of people get this mixed up. Most of us have bought the Iraqi dinar at this rate - 1190 Iraqi dinar for 1 U.S. dollar. Any kind of decrease...is a monetary gain for us. That's good. That's what we want. [Post 1 of 2....stay tuned]
9-28-2020 Intel Guru RayRen98 Weekend UPDATE...SUNDAY Iraqi TV has been broadcasting the CBI governor announcing the launch of the paper reforms for the currency of Iraq coming to the banking sector soon. This broadcast has been on a continuous "news loop" throughout the day.
9-28-2020 Newshound Guru Pimpy ...the last 24 hours have been very interesting...we're still hearing news about the Iraqi dinar exchange rate...We know they're talking about the exchange rate. Hell they even came out so far as to say they needed to decrease the exchange rate...decreasing the rate helps those individuals who hold on to dinar...they're saying decrease the number of dinars you get for every U.S dollar [Which is good for us]...until they do anything with their rate change we have no idea of what's really going to happen...even if they decrease the rate we don't know about how much...that's why I want people to say grounded. All of this is good news. We like it...
9-28-2020 Newshound Guru MilitiaMan If the recent article talking about balancing the banking policy has anything to do with this, which, imo it surely does, it talks about using a balance of payments between the Dinar and the US Dollar...We can see there is an apparent change coming. We are hearing that Media yesterday was telling the citizens a change in rate was to be expected now. Articles from the banking sector and the GOI support that! In fact economists, the CBI Gov and the PM have piped in on the matter!! Times are looking very good! There are other peripheral things on going that also support that the CBI is about to talk terms!! Imo. [post 2 of 2]
9-28-2020 Newshound Guru MilitiaMan Article: "The Central Bank: The reform paper for the banking sector will be launched soon" Quote: "The Central Bank of Iraq announced, on Sunday, that the terms of the reform paper will be imminent for the banking sector." The theme in this imo is the wording “Terms”. Recall last week...there were two large energy companies working on agreements to provide electricity. Both GE and Siemens were telling us they have projects but they couldn’t yet disclose the terms... Here...the CBI is gearing to expose the terms of the reforms paper. Terms are at what rate the banking sector will be using to advance it’s current reality. Similar to the terms the two companies could talk about!! [post 1 of 2....stay tuned]
9-28-2020 Intel Guru MarkZ [via PDK] We are still hearing very positive things out of Iraq...The middle east is very positive that we will soon get a new rate this week. Things still appear to be sitting on the precipice.
9-28-2020 Newshound Guru Jeff Article: "Concerning the currency, salaries and commodity prices ... 10 economic measures and 'radical' financial changes that Iraq is expected to implement next year" ...number one is huge. Quote: "1. Decrease the national currency exchange rate." They're telling you they're going to decrease the national currency exchange rate. When they decrease the rate it actually increases the value of the currency...Iraq will never tell you the year they're going to do that step. So the fact that they're telling you '21 disregard that part of the article because they will never tell you the truth when they plan to physically increase the value of their currency...
9-28-2020 Newshound Guru Pimpy Article: "Concerning the currency and commodity prices...10 economic measures and "radical" financial changes that Iraq is expected to implement next year". That's 2021. It's the International Monetary Fund. This is their reforms. They're talking about decreasing the national rate...I say we need to slow down even though this is good news. We don't know how much that rate is. Considering it is the IMF I'm always hesitant. Of course Any decrease is good. But [Hypothetically] if they went from giving us 1190 Iraqi dinars to all of a sudden giving us 1700 dinars sure all you guys would be be like Yay! But it's not that big of a deal. It's just a slight increase...there you have it. This is what they want to implement in 2021...talk of decreasing the rate is here...it looks good. [Post 2 of 2]
9-28-2020 Newshound Guru Pimpy Right now for 1 American dollar you can get 1190 Iraqi dinar...if that number [1190] increases that means the value of the dinar is going down. That's not good...if that number [1190] decreases that means the value of the dinar is rising against the U.S. dollar...we want to see that number decrease...a lot of people get this mixed up. Most of us have bought the Iraqi dinar at this rate - 1190 Iraqi dinar for 1 U.S. dollar. Any kind of decrease...is a monetary gain for us. That's good. That's what we want. [Post 1 of 2....stay tuned]
9-28-2020 Intel Guru RayRen98 Weekend UPDATE...SUNDAY Iraqi TV has been broadcasting the CBI governor announcing the launch of the paper reforms for the currency of Iraq coming to the banking sector soon. This broadcast has been on a continuous "news loop" throughout the day.
9-27-2020 Intel Guru Delta Article: "The Central Bank: The reform paper for the banking sector will be launched soon" Quotes: "The Central Bank of Iraq announced, on Sunday, that the terms of the reform paper will be imminent for the banking sector."; "the future vision of the work of the Central Bank of Iraq was presented in light of the economic crisis" ANOTHER HUGE ONE...THERE IT'S FROM CBI...THIS NEW GOV IS AMAZING NOT WASTING ANY TIME AT ALL...
9-27-2020 Newshound Guru MilitiaMan Article: "Viet Nam strives towards building digital government" Sounds like the timing of things seems to coordinate with other countries. What is not to like bout this..? imo Nothing...lol. The similarities are not random chance. The new QFS is to be a global thing and a transparent one. Let’s not forget the USA put into effect the FIMA and the CML back in April. VN was on the CML list of countries for currency manipulation. Something that the USA has been quiet about since...This may be the time we see the results of the CML at work. A reasonable amount of time to get in line has passed it seems...imo.
9-27-2020 Newshound Guru Pimpy ...there's something definitely coming up in October. It's one thing when gold bugs and silver bugs talk about stuff that's going to happen and currency investors take about something that's going to happen and crypto people talk about something that's going to happen but now all of them are intersecting. Everything is pointing to something major happening in October. People are talking about things that are happening in the crypto world happening in October. Gold & silver bugs are talking about the IMF meeting happening in October. We know the talk of a Global Currency Reset has been kind of from time to time touching on something happening in October. I have a feeling all of them are tied into one another...
9-27-2020 Newshound Guru Jeff Article: "After the National Day .. A new law in Iraq to reduce a month of holidays" Here they're telling you they're going to reduce the amount of holidays that are observed in the country of Iraq...they're telling you they're implementing the reforms after the national holiday which is 10-3. Quote "...the third of October as a national holiday for Iraq, noting that Iraq has become on this day an independent state." That is huge - that Iraq is going to be declared an independent state. That's a very meaningful statement.
9-27-2020 Intel Guru Austin-Powers-for-PM [...alot of people over the years have said if the Dinar is going to RV/RI it has to happen on a Sunday...] I can tell you with great assurance what you have been told is not true. The RV/RI can happen at any time of the day or week. This is an event-driven process where things have to happen that we don't see and can't get access to other than news reports and prophecies. Remember, the RV will happen when it happens and not one second earlier.
9-27-2020 Newshound Guru Jeff ...the fiscal year has transitioned because Iraq is now exiting the Chapter 7 sanctions of the U.N. They are transitioning back to their historical former fiscal year of April through March and leaving their formal year while they were under the Chapter 7 sanctions which is the U.S. calendar of January through December.
9-27-2020 Newshound Guru Kaperoni ...news out of Iraq for six days in a row was about...strengthening the dinar...Strengthening the dinar means to make the market rate (street rate) closer to the offical CBI rate. It has nothing to do with changing the official rate/exchange rate. Remember, the IMF has been calling for strengthening (2% or less spread) for years.
9-27-2020 Newshound Guru MilitiaMan Article: "Viet Nam strives towards building digital government" Sounds like the timing of things seems to coordinate with other countries. What is not to like bout this..? imo Nothing...lol. The similarities are not random chance. The new QFS is to be a global thing and a transparent one. Let’s not forget the USA put into effect the FIMA and the CML back in April. VN was on the CML list of countries for currency manipulation. Something that the USA has been quiet about since...This may be the time we see the results of the CML at work. A reasonable amount of time to get in line has passed it seems...imo.
9-27-2020 Newshound Guru Pimpy ...there's something definitely coming up in October. It's one thing when gold bugs and silver bugs talk about stuff that's going to happen and currency investors take about something that's going to happen and crypto people talk about something that's going to happen but now all of them are intersecting. Everything is pointing to something major happening in October. People are talking about things that are happening in the crypto world happening in October. Gold & silver bugs are talking about the IMF meeting happening in October. We know the talk of a Global Currency Reset has been kind of from time to time touching on something happening in October. I have a feeling all of them are tied into one another...
9-27-2020 Newshound Guru Jeff Article: "After the National Day .. A new law in Iraq to reduce a month of holidays" Here they're telling you they're going to reduce the amount of holidays that are observed in the country of Iraq...they're telling you they're implementing the reforms after the national holiday which is 10-3. Quote "...the third of October as a national holiday for Iraq, noting that Iraq has become on this day an independent state." That is huge - that Iraq is going to be declared an independent state. That's a very meaningful statement.
9-27-2020 Intel Guru Austin-Powers-for-PM [...alot of people over the years have said if the Dinar is going to RV/RI it has to happen on a Sunday...] I can tell you with great assurance what you have been told is not true. The RV/RI can happen at any time of the day or week. This is an event-driven process where things have to happen that we don't see and can't get access to other than news reports and prophecies. Remember, the RV will happen when it happens and not one second earlier.
9-27-2020 Newshound Guru Jeff ...the fiscal year has transitioned because Iraq is now exiting the Chapter 7 sanctions of the U.N. They are transitioning back to their historical former fiscal year of April through March and leaving their formal year while they were under the Chapter 7 sanctions which is the U.S. calendar of January through December.
9-27-2020 Newshound Guru Kaperoni ...news out of Iraq for six days in a row was about...strengthening the dinar...Strengthening the dinar means to make the market rate (street rate) closer to the offical CBI rate. It has nothing to do with changing the official rate/exchange rate. Remember, the IMF has been calling for strengthening (2% or less spread) for years.
9-26-2020 Newshound Guru MilitiaMan The idea of going out side of the this month yet seems a bit hasty... lol imo The change in the budget has not been exposed yet. Therefore, this is nowhere near over, imo in the short term, let alone going into next year. Lets not forget the 2019 FMLA.. Lets not also forget they can move or allocate the investment side of the budget to the operational side in a stroke of a pen.. All in recent articles, jmtc.
9-26-2020 Newshound Guru Pimpy ...if somebody in the position of power knew for a fact the date and the rate of any currency that was going to jump up in value like we expect the Iraqi dinar to do and they share that information, that's like insider trading information. That's a felony. That's big time trouble. That's illegal. Nobody is going to tell you...don't get me wrong the 'powers that be' or the elite or whatever the hell you want to call them, they do talk to one another...we know they share information that they shouldn't with each other...that's how the rich stay rich and the rest of us keep trying to put in the puzzle pieces...
9-26-2020 Newshound Guru Kaperoni Many economists have stated in the last few months Iraq should devalue the Iraqi dinar to reduce expenses during this difficult time. The problem is it also hurts the citizen and so officials have maintained stability at the current rate. Today former deputy CBI governor Muhammed Saleh once again reiterated that the Iraqi dinar may be devalued in the near future...If Iraq floats the currency under the current circumstances a devaluation is very possible. Iraq needs to pass laws and create a suitable business environment for foreign investment. Once that occurs the dinar should begin to gradually appreciate.
9-26-2020 Newshound Guru Pimpy Article: "Parliamentary Finance: Approval of the current year's budget will fulfill many demands" Obviously they've had a chance to review the reform papers...We know that the Finance Minister said talks about the exchange rate are in the reform papers but we don't know what that means. I don't want people to assume that 1. There's going to be a rate change. It's easy to make that assumption because they're talking about it... 2. We don't know what the rate is going to be...every time we hear talk about this we get all kinds of rumors...I've heard it as high as $15 which is totally ridiculous...everything is speculation. It's okay to feel optimistic about what's coming up but again just hang tight. Don't be surprised if they try to throw out a "sucker rate". One that looks half-ass tempted for you to turn in your dinar and then you turn it in then all of a sudden they release another rate a few month later that's much higher...It's not beyond people to do that. We shall see.
9-26-2020 Newshound Guru Pimpy ...if somebody in the position of power knew for a fact the date and the rate of any currency that was going to jump up in value like we expect the Iraqi dinar to do and they share that information, that's like insider trading information. That's a felony. That's big time trouble. That's illegal. Nobody is going to tell you...don't get me wrong the 'powers that be' or the elite or whatever the hell you want to call them, they do talk to one another...we know they share information that they shouldn't with each other...that's how the rich stay rich and the rest of us keep trying to put in the puzzle pieces...
9-26-2020 Newshound Guru Kaperoni Many economists have stated in the last few months Iraq should devalue the Iraqi dinar to reduce expenses during this difficult time. The problem is it also hurts the citizen and so officials have maintained stability at the current rate. Today former deputy CBI governor Muhammed Saleh once again reiterated that the Iraqi dinar may be devalued in the near future...If Iraq floats the currency under the current circumstances a devaluation is very possible. Iraq needs to pass laws and create a suitable business environment for foreign investment. Once that occurs the dinar should begin to gradually appreciate.
9-26-2020 Newshound Guru Pimpy Article: "Parliamentary Finance: Approval of the current year's budget will fulfill many demands" Obviously they've had a chance to review the reform papers...We know that the Finance Minister said talks about the exchange rate are in the reform papers but we don't know what that means. I don't want people to assume that 1. There's going to be a rate change. It's easy to make that assumption because they're talking about it... 2. We don't know what the rate is going to be...every time we hear talk about this we get all kinds of rumors...I've heard it as high as $15 which is totally ridiculous...everything is speculation. It's okay to feel optimistic about what's coming up but again just hang tight. Don't be surprised if they try to throw out a "sucker rate". One that looks half-ass tempted for you to turn in your dinar and then you turn it in then all of a sudden they release another rate a few month later that's much higher...It's not beyond people to do that. We shall see.
9-25-2020 Newshound Guru MilitiaMan Article: "KRG FINANCE AND ECONOMY RUNS FIRST CURRENCY EXCHANGE" Quotes: "After announcing plans to do so earlier this month, the Kurdistan Regional Government’s (KRG) Finance and Economy Ministry ran a currency exchange on Wednesday (September 23) in Erbil city."; "$35 million ($41.9 billion Iraqi dinars) was exchanged."; "On September 19, the ministry said it would exert greater control over the exchange of US dollars and Iraqi dinars in the Kurdistan Region, taking over responsibility for currency auctions from the Central Bank of Iraq." A change in pattern... Very good find...Nice to see the change, we know that for the next part of the reforms will require them to do this. The fees and taxation being strictly monitored, sounds like the new system is in place now.
9-25-2020 Newshound/Intel Guru Mnt Goat Article: "GOVERNOR OF THE CENTRAL BANK OF IRAQ: DEVELOPING A DELIBERATE BANKING PLAN TO STRENGTHEN THE NATIONAL CURRENCY" I need everyone to pay attention to what the new governor Al-Kitab is saying in this article. He did NOT say he was going to delete the zeros...at least not yet. However...another article from an economist also taking about the currency and he does talk about the project to delete the zeros. Yehhhhh! What does this all mean? This all means they are discussing the possibility and Al-Kitab may in fact also be considering it. This is the important part of today’s news about the currency in that finally once again they are talking about and discussing the timing of the project to delete the zeros. Why else would the economist just come out with a discussion on this topic...Why else would al-Kitab have this conversation? So we can be assured this is FACTUAL and they are planning to do something soon.
9-25-2020 Newshound Guru Pimpy Article: "With documents and names...Nouri al-Maliki's gangs control Iraq's banks and plunder currency auctions to finance Iran and Hezbollah" Whoever did this investigation they laid it out in extreme detail about what these guys did. They used the Central Bank of Iraq and the public currency auctions to funnel money through organizations and to fund money over to Iran...they plundered billions of dinars from these guys and it tells you in step-by-step how it was done...again this is Al-Kazemi putting the beat-down on making sure the corruption is being dealt with...where they go with Maliki is going to be very interesting...Al-Kazemi is the man. He is definitely getting stuff accomplished. It's awesome.
9-25-2020 Intel Guru Bruce [via WiserNow] ...it’s hard to say – the timing sometimes when you’re coming up on a weekend you don’t know whether it will go for us on a Fri/Sat – or whether it puts Monday into play – Right now we have to just go one day at a time – that is really the way we have to look at this...We are on an hour by hour basis – for the release to take place...There was not much to report on tonight because we are that close...
9-25-2020 Intel Guru Frank26 ...that now makes six days in a row of articles one after the other that talk about the Iraqi dinar exchange rate. It doesn't get any simpler than that. And when you look who's talking about it, the new governor...it's all good...
9-25-2020 Newshound/Intel Guru Mnt Goat Article: "PROCEDURE FOR THE CENTRAL BANK REGARDING THE GOVERNOR’S SIGNATURE ON THE IRAQI CURRENCY" trivial as it may be, at least they are now talking once again about the currency.
9-25-2020 Newshound Guru Pimpy ...there's a lot happening today...We know Trump is trying to broker peace in the Middle East. We know he's nowhere near done...We know that Iraq is going to be involved. Saudi Arabia is going to be involved. We know Kuwait's going to be involved. I told you don't be surprised if Afghanistan don't get in on this. The big ones are going to be Palestine...Trump has been talking to Iran and now it's starting to come out. That they're in the position to talk...I don't know how real it's gonna be but we're definitely gonna keep an eye on it...It's hard not to get excited about this. Love or hate Trump it doesn't matter, people have to be impressed with what this man so far has been able to accomplish. We'll see what kind of fruit it bears. Nonetheless this is awesome...
9-25-2020 Newshound Guru Jeff ...the reforms are in the budget and the budget is linked and married to the rate change... Article: "Parliamentary Finance: Approval of the current year's budget will fulfill many demands" ...pay attention to the 2020 budget. We told you it's linked to the reforms...that's why they're delaying and hiding the budget from you. The approval process of the 2020 budget cannot be started till after the rate has changed...we are tentatively looking for...approving the 2020 budget the week of October 4th...the 2020 budget is exactly like I told you. It's the catalyst in this...
9-25-2020 Intel Guru Frank26 The 2020 budget does have the program rate in it right now. But when the window opens for the 2020 budget to be complete it will introduce a new rate. It can certainly happen in these next three months IMO. The "operational budget" was recalculated a number of times. The exchange rate was recalculated over and over again...the 2020 has the new rate but the new calculation of the Iraqi dinar exchange rate are ready if this window opens...The key is Iran...When will that window open? I believe they have the security and stability right now for that window open wide open. I believe we are seeing it busting open. I can hear the glass breaking and hitting the concrete...the calculations for the 2020 budget are complete and wanting to be activated at a new exchange rate of 1 to 1. And it only goes up from there.
9-25-2020 Newshound/Intel Guru Mnt Goat Article: "GOVERNOR OF THE CENTRAL BANK OF IRAQ: DEVELOPING A DELIBERATE BANKING PLAN TO STRENGTHEN THE NATIONAL CURRENCY" I need everyone to pay attention to what the new governor Al-Kitab is saying in this article. He did NOT say he was going to delete the zeros...at least not yet. However...another article from an economist also taking about the currency and he does talk about the project to delete the zeros. Yehhhhh! What does this all mean? This all means they are discussing the possibility and Al-Kitab may in fact also be considering it. This is the important part of today’s news about the currency in that finally once again they are talking about and discussing the timing of the project to delete the zeros. Why else would the economist just come out with a discussion on this topic...Why else would al-Kitab have this conversation? So we can be assured this is FACTUAL and they are planning to do something soon.
9-25-2020 Newshound Guru Pimpy Article: "With documents and names...Nouri al-Maliki's gangs control Iraq's banks and plunder currency auctions to finance Iran and Hezbollah" Whoever did this investigation they laid it out in extreme detail about what these guys did. They used the Central Bank of Iraq and the public currency auctions to funnel money through organizations and to fund money over to Iran...they plundered billions of dinars from these guys and it tells you in step-by-step how it was done...again this is Al-Kazemi putting the beat-down on making sure the corruption is being dealt with...where they go with Maliki is going to be very interesting...Al-Kazemi is the man. He is definitely getting stuff accomplished. It's awesome.
9-25-2020 Intel Guru Bruce [via WiserNow] ...it’s hard to say – the timing sometimes when you’re coming up on a weekend you don’t know whether it will go for us on a Fri/Sat – or whether it puts Monday into play – Right now we have to just go one day at a time – that is really the way we have to look at this...We are on an hour by hour basis – for the release to take place...There was not much to report on tonight because we are that close...
9-25-2020 Intel Guru Frank26 ...that now makes six days in a row of articles one after the other that talk about the Iraqi dinar exchange rate. It doesn't get any simpler than that. And when you look who's talking about it, the new governor...it's all good...
9-25-2020 Newshound/Intel Guru Mnt Goat Article: "PROCEDURE FOR THE CENTRAL BANK REGARDING THE GOVERNOR’S SIGNATURE ON THE IRAQI CURRENCY" trivial as it may be, at least they are now talking once again about the currency.
9-25-2020 Newshound Guru Pimpy ...there's a lot happening today...We know Trump is trying to broker peace in the Middle East. We know he's nowhere near done...We know that Iraq is going to be involved. Saudi Arabia is going to be involved. We know Kuwait's going to be involved. I told you don't be surprised if Afghanistan don't get in on this. The big ones are going to be Palestine...Trump has been talking to Iran and now it's starting to come out. That they're in the position to talk...I don't know how real it's gonna be but we're definitely gonna keep an eye on it...It's hard not to get excited about this. Love or hate Trump it doesn't matter, people have to be impressed with what this man so far has been able to accomplish. We'll see what kind of fruit it bears. Nonetheless this is awesome...
9-25-2020 Newshound Guru Jeff ...the reforms are in the budget and the budget is linked and married to the rate change... Article: "Parliamentary Finance: Approval of the current year's budget will fulfill many demands" ...pay attention to the 2020 budget. We told you it's linked to the reforms...that's why they're delaying and hiding the budget from you. The approval process of the 2020 budget cannot be started till after the rate has changed...we are tentatively looking for...approving the 2020 budget the week of October 4th...the 2020 budget is exactly like I told you. It's the catalyst in this...
9-25-2020 Intel Guru Frank26 The 2020 budget does have the program rate in it right now. But when the window opens for the 2020 budget to be complete it will introduce a new rate. It can certainly happen in these next three months IMO. The "operational budget" was recalculated a number of times. The exchange rate was recalculated over and over again...the 2020 has the new rate but the new calculation of the Iraqi dinar exchange rate are ready if this window opens...The key is Iran...When will that window open? I believe they have the security and stability right now for that window open wide open. I believe we are seeing it busting open. I can hear the glass breaking and hitting the concrete...the calculations for the 2020 budget are complete and wanting to be activated at a new exchange rate of 1 to 1. And it only goes up from there.
9-24-2020 Intel Guru Footforward [what’s your thoughts on Iraq’s 2020 budget? They keep delaying the vote for it and are trying to add stuff to it.] I'm not watching the budget honestly. People have believed the budget will bring the RV. I don't care about their budget. Without an rv, it doesn't matter. I'm still watching Iran and Iran's influence being erraticated in iraq.
9-24-2020 Newshound Guru Pimpy ...remember...even if they did a rate change right now over here in America it'd be really hard to exchange your currency. There are some restrictions on the currency...Article: "Iraq announces its exit from the list of "high risk" countries and an increase in its oil exports" Quote: "The Ministry of Foreign Affairs announces that it has succeeded in reinstating the activities of 169 Iraqi companies and institutions out of the 230 entities banned by the U.N Security Council resolution 1518 which classifies Iraq as a high-risk country seeking to lift a ban on the rest of the entities." Yay! Come on Iraq! That means they're doing good. We're almost there...Yeah, go ahead you can do the pee-pee dance...we're not out of the wood-works yet but we're still working on it...Iraq is being allowed to open more and more to the international community. This is good news. Very excited about this. This is what we were hoping to see...
9-24-2020 Newshound/Intel Guru Mnt Goat Looking at the Iraq Central Bank (CBI) we can see a miracle finally happened...now we have that new director under the al-Kazemi administration. But what are the views and plans of this new CBI director? Will he work towards the currency reforms we look for? The answer is YES and he has come right and told us. So be patient and look towards January of 2021 for these reforms to take place. Could we see the RV earlier? Yes, we could but I doubt it. The CBI would have to make some announcements very soon about the project to delete the zeros and are just not talking specific enough about it, as they have in the past. Remember too they will have to re-educate the citizens on this process and this too will take time. They have to also get out of OFAC sanctions with the US and Europe and so they have goals to accomplish prior. So, these next 3 months are critical for us and our investment. The momentum is moving forward but, as usual Maliki and Ameri are already conspiring a plot of chaos to bring down Al-Kazemi.
9-24-2020 Newshound Guru Kaperoni ...the term "program rate."...came from an IMF Stand By Agreement with Iraq to maintain exchange rate stability and has nothing to do with a RV.
9-24-2020 Intel Guru Footforward [has anything like this happened before in the dinar RV world? A Iraqi bank travelers check routed to a bank in New York?...] not that
9-24-2020 Newshound Guru Pimpy ...remember...even if they did a rate change right now over here in America it'd be really hard to exchange your currency. There are some restrictions on the currency...Article: "Iraq announces its exit from the list of "high risk" countries and an increase in its oil exports" Quote: "The Ministry of Foreign Affairs announces that it has succeeded in reinstating the activities of 169 Iraqi companies and institutions out of the 230 entities banned by the U.N Security Council resolution 1518 which classifies Iraq as a high-risk country seeking to lift a ban on the rest of the entities." Yay! Come on Iraq! That means they're doing good. We're almost there...Yeah, go ahead you can do the pee-pee dance...we're not out of the wood-works yet but we're still working on it...Iraq is being allowed to open more and more to the international community. This is good news. Very excited about this. This is what we were hoping to see...
9-24-2020 Newshound/Intel Guru Mnt Goat Looking at the Iraq Central Bank (CBI) we can see a miracle finally happened...now we have that new director under the al-Kazemi administration. But what are the views and plans of this new CBI director? Will he work towards the currency reforms we look for? The answer is YES and he has come right and told us. So be patient and look towards January of 2021 for these reforms to take place. Could we see the RV earlier? Yes, we could but I doubt it. The CBI would have to make some announcements very soon about the project to delete the zeros and are just not talking specific enough about it, as they have in the past. Remember too they will have to re-educate the citizens on this process and this too will take time. They have to also get out of OFAC sanctions with the US and Europe and so they have goals to accomplish prior. So, these next 3 months are critical for us and our investment. The momentum is moving forward but, as usual Maliki and Ameri are already conspiring a plot of chaos to bring down Al-Kazemi.
9-24-2020 Newshound Guru Kaperoni ...the term "program rate."...came from an IMF Stand By Agreement with Iraq to maintain exchange rate stability and has nothing to do with a RV.
9-24-2020 Intel Guru Footforward [has anything like this happened before in the dinar RV world? A Iraqi bank travelers check routed to a bank in New York?...] not that