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 I'm aware of. People will use this to say the RV has happened in country. It hasn't but this is a good sign.
9-24-2020 Intel Gurus Frank26 & Walkingstick The white papers IOO...contain the HCL, the new exchange rate for the Iraqi dinar, the date when they will release it. It also contains the the agreement, the process, the execution of the "Cancel Currency Auction Agreement" that was agreed upon at these meetings. Isn't this wonderful? Right about now you should be saying Wow! The speed of things happening is in God speed. It's just amazing how fast this is unfolding. All of this is just so quickly. Right after Donald Trump talked with Kazemi in D.C. and quickly returned back home...
9-24-2020 Intel Guru MarkZ [via PDK] I am still hearing positive things. There is still the possibility of a vote in Iraq on the budget…maybe a temporary rate or interim budget until the real one comes out…late in their evening which for us is at any moment now. I hear this will be our sign that everything has been triggered. There is a lot of really positive chatter out of the middle east right now. On the banking side in Asia, Europe and even the US …they are still sitting on “go” with no release yet. We are in a strange lull…i think it’s the lull before the storm...we really are getting into that perfect launch period.
9-24-2020 Newshound Guru MilitiaMan Article: "Deputy: 35 trillion dinars are stored with the people who refuse to deposit them in banks" Once they bring or add Purchase Power to the new small category notes, the liquidity will begin to absorb those large amounts of notes. The sooner the better too...imo.
9-24-2020 Intel Guru Frank26 Question: "Why are they [US and Iraq] going to do the first currency swap at a program rate?" ...IMO it's brilliant...the first swap is to be advantageous to Trump and the Untied States of America and the American citizens and tax payer...The first swap at the program rate fills in the cupboards of the United States Treasury with a low costing dinar...Then a second swap at a new rate fills not only the CBI with their financial potential for their economy, citizens, International trade, all of this but it also acts as a loan fill-ins for the budget...IMO the 2021 budget will come out ready with a new exchange rate...Trump is doing like we did [getting dinar at a low price]...
9-24-2020 Intel Guru Bruce [via WiserNow] There are meetings happening in the White House at 11 am and 11 pm every day – That is interesting to me because this is a (notice they are 12 hrs apart) way to monitor the progress of the “process” – See something that needs to be done –tweak the process – in other words it’s a way for them to keep up with everything that’s going on globally – in this process – and I am encouraged by that – it tells us that they are on it - basically 24 x 7...
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 I'm aware of. People will use this to say the RV has happened in country. It hasn't but this is a good sign.
9-24-2020 Intel Gurus Frank26 & Walkingstick The white papers IOO...contain the HCL, the new exchange rate for the Iraqi dinar, the date when they will release it. It also contains the the agreement, the process, the execution of the "Cancel Currency Auction Agreement" that was agreed upon at these meetings. Isn't this wonderful? Right about now you should be saying Wow! The speed of things happening is in God speed. It's just amazing how fast this is unfolding. All of this is just so quickly. Right after Donald Trump talked with Kazemi in D.C. and quickly returned back home...
9-24-2020 Intel Guru MarkZ [via PDK] I am still hearing positive things. There is still the possibility of a vote in Iraq on the budget…maybe a temporary rate or interim budget until the real one comes out…late in their evening which for us is at any moment now. I hear this will be our sign that everything has been triggered. There is a lot of really positive chatter out of the middle east right now. On the banking side in Asia, Europe and even the US …they are still sitting on “go” with no release yet. We are in a strange lull…i think it’s the lull before the storm...we really are getting into that perfect launch period.
9-24-2020 Newshound Guru MilitiaMan Article: "Deputy: 35 trillion dinars are stored with the people who refuse to deposit them in banks" Once they bring or add Purchase Power to the new small category notes, the liquidity will begin to absorb those large amounts of notes. The sooner the better too...imo.
9-24-2020 Intel Guru Frank26 Question: "Why are they [US and Iraq] going to do the first currency swap at a program rate?" ...IMO it's brilliant...the first swap is to be advantageous to Trump and the Untied States of America and the American citizens and tax payer...The first swap at the program rate fills in the cupboards of the United States Treasury with a low costing dinar...Then a second swap at a new rate fills not only the CBI with their financial potential for their economy, citizens, International trade, all of this but it also acts as a loan fill-ins for the budget...IMO the 2021 budget will come out ready with a new exchange rate...Trump is doing like we did [getting dinar at a low price]...
9-24-2020 Intel Guru Bruce [via WiserNow] There are meetings happening in the White House at 11 am and 11 pm every day – That is interesting to me because this is a (notice they are 12 hrs apart) way to monitor the progress of the “process” – See something that needs to be done –tweak the process – in other words it’s a way for them to keep up with everything that’s going on globally – in this process – and I am encouraged by that – it tells us that they are on it - basically 24 x 7...
9-23-2020 Intel Guru MarkZ [via PDK] ...there is a tremendous amount of dis-information released right now. They have done this in the past when they have done a revaluation or a reset…the most recent example we have is Kuwait . The morning of the revaluation they had a big article in the paper on how it was going to be years before they RVed….then BAM…later that day they had the revaluation. Before that was China . 3 days before they did a revaluation they released stories in the papers- domestic and international that they were not prepared for it yet…and then boom…so look for that smoke...we are seeing a tremendous amount of smoke right now.
9-23-2020 Intel Guru Bruce [via WiserNow] I have learned some new things about this whole plan – which I think is fascinating - and where we are is I am going to say – very – very close...I’ve heard from 5 different sources today – and I’m not calling it – however – I’m hearing very good things about tomorrow [Wednesday] – wouldn’t be right for me to try to call it – I’m just going to say – I like what I’m hearing about tomorrow ...You know when...you’re pretty much at the end of the ride – you pull in on that roller coaster and it slowly comes up to a stop...I believe the bar is just about ready to be raised - I believe this is where we are... I think we’re almost home... with all the other things that I’ve heard that are happening – I believe it’s very – very close...
9-23-2020 Newshound Guru Pimpy This is a pretty big time for us. It's close to the end of the month. Remember the reform papers are supposed to be submitted by the end of this month. The 2020 budget was supposed to have already been voted on. The 2021 budget is coming. Now the anticipation is that we are going to hear something about the Iraqi dinar rate in the reform papers. There's no guarantee. We just know that it's going to be discussed...we know the Minister of Finance has said in the reform papers there is discussions about the Iraqi rate and what that might be...
9-23-2020 Inte/Newhound Guru Frank26 ...the new Central Bank Governor of Iraq, he's not waiting any time is he? He is direct implementation. There is no delay. It's also very interesting how much of a hurry this new governor of the CBI is in. As much of a hurry as Kazemi. Kazemi gave the new CBI governor Mustafa the authority of the white papers...
9-23-2020 Newshound Guru Adam Montana Our man Kazzammie is hands down the best thing to ever happen to this situation. Not because he's a messiah or anything crazy like that - the man has just done so much it's almost unbelievable. Prior to him taking the position, Iraq was torn and confused by riots, revolts, and failure. That short period of time came after much incredible progress, including getting out of Chapter 7 and booting Maliki. There was a time (not too long ago) when it looked like one of the previous Prime Ministers would make some progress, but we have never seen this much HCL action. Ever. I'm excited... Go Iraq, Go Dinar...GO RRRRVVVVV!!! [post 3 of 3]
9-23-2020 Newshound Guru Adam Montana "Deputy Haybat Al-Halbousi indicated that the committee had opened the cabinet to send oil and energy bills, including the oil and gas law." ... in case you missed that: "including the oil and gas law". If I had the ability to make fireworks...jump off of your screen right now, I would consider it - that's how big this kind of news is! If it seems like "all Adam talks about anymore is HCL", that's because things are so smooth and streamlined in Iraq right now... HCL is all we need at this point. HCL is oil and gas law. That's it. That's all, end of story, all she wrote, finito...done. [post 2 of 3....stay tuned]
9-23-2020 Newshound Guru Adam Montana First, the normal stuff...OIL - nothing crazy, just the normal expected good stuff. Stable and steady upward trend. Budget - This may not seem like a big deal, but...submitting it, then withdrawing it, then returning it, then stating "we need 3 weeks to approve it"...there is some number-crunching, pencil whipping, fiat manipulation going on in the background. By itself, that news would raise some eyebrows, but let's hop right into the stuff that does more than raise eyebrows: In particular, this part: [post 1 of 3....stay tuned]
9-23-2020 Newshound Guru Kaperoni More good news today from the central bank of Iraq as the new governor makes changes in policy. Efforts seem to be improving as prime minister Kazemi goes after corruption.
9-23-2020 Intel Guru MarkZ [via PDK] The news I am getting out of Iraq is they are hoping to have a budget vote on Thursday...even though all the news is saying they still need 3 weeks. [For the first time in IRAQ you can exchange Dinar with Dollar between your accounts.] Yes – they are making it seamless in preparation for the new banking system. This is big news. Much concern in the world that Iraq is running out of dollars as this thing has drug on…yes they are running into a budget crisis. My last update was they are pushing to have a vote by Thursday of this week for a budget with value. Otherwise they cannot pay this months salaries, government, pensions and all those good things…there is a serious push going on in Iraq right now.
9-23-2020 Newshound Guru Jeff Article: "A member of the Financial Committee, Ahmed Hama Rashid said on Tuesday that the 2020 budget needs 3 weeks to vote on it." Quote: "Parliament have not yet seen the numbers in the budget." Parliament have not seen the freaking numbers in the budget! ...They're hiding the numbers from us, from the public news and from parliament because it's calculated in the billions of dinar and it's linked to the rate change. It's calculated off the rate change. Doesn't have a rate in it but its figures are calculated off the rate. That's why they're freaking hiding it...we look amazing...
9-23-2020 Newshound Guru MilitiaMan Article: "In the first decision...the new central bank governor settles a controversial matter" Wow, this is telling me that they have every intention to raise the value of the currency. The importance is straight forward and addressed. It is my understanding...we know they have been printing small notes (possibly coins) in 2018 and more recently in 2019 and 2020...They had issue with Alak's name on of the categories. Imo The new CBI GOV has been around along time and would have known about all of this, thereby, imo they have that issue under control and we are about to see a big change and much improvement to the management of the new currency...WOW This article about the smalls is awesome. It sure shows us they have an incredible intention to use the smalls...That is a good thing...
9-23-2020 Intel Guru BobTheTaxMan ...an article that came out from the CBI... quote: "a banking plan has been developed that will develop the Central Bank's work, strengthen the national currency and address negatives in cooperation with the court..." We also know from a contact...over there that starting in January there's going to be a lot of forward movement by the banks in compliance with the Swift system making information more readily available to international investors...there are a lot of things indicating that there's a great forward movement going on. I think that meeting he [Kazemi] had with Trump was kind of like the kickoff for a whole new game that's getting started there. I'm quite excited. I really am quite excited to see to see all of these things moving forward after being in this game as long as I have...It looks to me like we have such forward movement that the time for our investment coming to fruition is near at hand...
9-23-2020 Intel Guru RayRen98 GETTING SOME INTERESTING BANK STORIES...LOW RV RATES ON SCREEN, BUT NO EXCHANGING YET...TIME WILL TELL!
9-23-2020 Newshound Guru Pimpy Article: "An expected session of the Iraqi parliament next Saturday" Next Saturday is going to be interesting...There's a lot of laws that need to be passed and they need to be passed pretty quickly because some of it affects what's going on in the budget. Some of it affects what's going on next year in the election.
9-23-2020 Intel Guru MarkZ [I think Trump needs to RV now just to make sure he is reelected.] I agree with you.
9-23-2020 Intel Guru Bruce [via WiserNow] I have learned some new things about this whole plan – which I think is fascinating - and where we are is I am going to say – very – very close...I’ve heard from 5 different sources today – and I’m not calling it – however – I’m hearing very good things about tomorrow [Wednesday] – wouldn’t be right for me to try to call it – I’m just going to say – I like what I’m hearing about tomorrow ...You know when...you’re pretty much at the end of the ride – you pull in on that roller coaster and it slowly comes up to a stop...I believe the bar is just about ready to be raised - I believe this is where we are... I think we’re almost home... with all the other things that I’ve heard that are happening – I believe it’s very – very close...
9-23-2020 Newshound Guru Pimpy This is a pretty big time for us. It's close to the end of the month. Remember the reform papers are supposed to be submitted by the end of this month. The 2020 budget was supposed to have already been voted on. The 2021 budget is coming. Now the anticipation is that we are going to hear something about the Iraqi dinar rate in the reform papers. There's no guarantee. We just know that it's going to be discussed...we know the Minister of Finance has said in the reform papers there is discussions about the Iraqi rate and what that might be...
9-23-2020 Inte/Newhound Guru Frank26 ...the new Central Bank Governor of Iraq, he's not waiting any time is he? He is direct implementation. There is no delay. It's also very interesting how much of a hurry this new governor of the CBI is in. As much of a hurry as Kazemi. Kazemi gave the new CBI governor Mustafa the authority of the white papers...
9-23-2020 Newshound Guru Adam Montana Our man Kazzammie is hands down the best thing to ever happen to this situation. Not because he's a messiah or anything crazy like that - the man has just done so much it's almost unbelievable. Prior to him taking the position, Iraq was torn and confused by riots, revolts, and failure. That short period of time came after much incredible progress, including getting out of Chapter 7 and booting Maliki. There was a time (not too long ago) when it looked like one of the previous Prime Ministers would make some progress, but we have never seen this much HCL action. Ever. I'm excited... Go Iraq, Go Dinar...GO RRRRVVVVV!!! [post 3 of 3]
9-23-2020 Newshound Guru Adam Montana "Deputy Haybat Al-Halbousi indicated that the committee had opened the cabinet to send oil and energy bills, including the oil and gas law." ... in case you missed that: "including the oil and gas law". If I had the ability to make fireworks...jump off of your screen right now, I would consider it - that's how big this kind of news is! If it seems like "all Adam talks about anymore is HCL", that's because things are so smooth and streamlined in Iraq right now... HCL is all we need at this point. HCL is oil and gas law. That's it. That's all, end of story, all she wrote, finito...done. [post 2 of 3....stay tuned]
9-23-2020 Newshound Guru Adam Montana First, the normal stuff...OIL - nothing crazy, just the normal expected good stuff. Stable and steady upward trend. Budget - This may not seem like a big deal, but...submitting it, then withdrawing it, then returning it, then stating "we need 3 weeks to approve it"...there is some number-crunching, pencil whipping, fiat manipulation going on in the background. By itself, that news would raise some eyebrows, but let's hop right into the stuff that does more than raise eyebrows: In particular, this part: [post 1 of 3....stay tuned]
9-23-2020 Newshound Guru Kaperoni More good news today from the central bank of Iraq as the new governor makes changes in policy. Efforts seem to be improving as prime minister Kazemi goes after corruption.
9-23-2020 Intel Guru MarkZ [via PDK] The news I am getting out of Iraq is they are hoping to have a budget vote on Thursday...even though all the news is saying they still need 3 weeks. [For the first time in IRAQ you can exchange Dinar with Dollar between your accounts.] Yes – they are making it seamless in preparation for the new banking system. This is big news. Much concern in the world that Iraq is running out of dollars as this thing has drug on…yes they are running into a budget crisis. My last update was they are pushing to have a vote by Thursday of this week for a budget with value. Otherwise they cannot pay this months salaries, government, pensions and all those good things…there is a serious push going on in Iraq right now.
9-23-2020 Newshound Guru Jeff Article: "A member of the Financial Committee, Ahmed Hama Rashid said on Tuesday that the 2020 budget needs 3 weeks to vote on it." Quote: "Parliament have not yet seen the numbers in the budget." Parliament have not seen the freaking numbers in the budget! ...They're hiding the numbers from us, from the public news and from parliament because it's calculated in the billions of dinar and it's linked to the rate change. It's calculated off the rate change. Doesn't have a rate in it but its figures are calculated off the rate. That's why they're freaking hiding it...we look amazing...
9-23-2020 Newshound Guru MilitiaMan Article: "In the first decision...the new central bank governor settles a controversial matter" Wow, this is telling me that they have every intention to raise the value of the currency. The importance is straight forward and addressed. It is my understanding...we know they have been printing small notes (possibly coins) in 2018 and more recently in 2019 and 2020...They had issue with Alak's name on of the categories. Imo The new CBI GOV has been around along time and would have known about all of this, thereby, imo they have that issue under control and we are about to see a big change and much improvement to the management of the new currency...WOW This article about the smalls is awesome. It sure shows us they have an incredible intention to use the smalls...That is a good thing...
9-23-2020 Intel Guru BobTheTaxMan ...an article that came out from the CBI... quote: "a banking plan has been developed that will develop the Central Bank's work, strengthen the national currency and address negatives in cooperation with the court..." We also know from a contact...over there that starting in January there's going to be a lot of forward movement by the banks in compliance with the Swift system making information more readily available to international investors...there are a lot of things indicating that there's a great forward movement going on. I think that meeting he [Kazemi] had with Trump was kind of like the kickoff for a whole new game that's getting started there. I'm quite excited. I really am quite excited to see to see all of these things moving forward after being in this game as long as I have...It looks to me like we have such forward movement that the time for our investment coming to fruition is near at hand...
9-23-2020 Intel Guru RayRen98 GETTING SOME INTERESTING BANK STORIES...LOW RV RATES ON SCREEN, BUT NO EXCHANGING YET...TIME WILL TELL!
9-23-2020 Newshound Guru Pimpy Article: "An expected session of the Iraqi parliament next Saturday" Next Saturday is going to be interesting...There's a lot of laws that need to be passed and they need to be passed pretty quickly because some of it affects what's going on in the budget. Some of it affects what's going on next year in the election.
9-23-2020 Intel Guru MarkZ [I think Trump needs to RV now just to make sure he is reelected.] I agree with you.
9-22-2020 Intel Guru Frank26 Things are happening so fast it's hard to keep up with them...he's [Kazemi] arresting them by the 1,000s...the moment Kazemi landed [From August 20th meetings with Trump] he started arresting everybody left and right. If he could arrest his grandmother he would if she broke the law...they're fleeing. Just as Maliki. He went to Iran. That was a big mistake...
9-22-2020 Newshound/Intel Guru Mnt Goat There is nothing by [but ?] very good news and Iraq is now on a good path to appreciate their own true sovereignty from other Arab countries especially Iran. ...Al-Kazemi is amazing as they are rounding up corrupt individuals. By the news we can see that Nori Al-Maliki and Ameri are next. They will not escape this and there will never be peace in Iraq unless Iraq is finally cleansed of them.
9-22-2020 Intel Guru Footforward [...can you clarify for us... did Parliament get the 2020 budget and do its first read or not?...] For the record I believe they do two budgets. One with a new rate and one with the current rate. I'm not sure if they have done the first reading or not...I don't think it's that important to the RV. I think they may pass this budget, have an old rate, and the revalue and pass a new budget...
9-22-2020 Newshound Guru Pimpy ...People are like, 'Weren't we told that on September 15th the rate will happen?' I was like yeah, I know. 'Weren't we told that on the 18th the rate change is gonna happen?' Yeah I know. 'Weren't we told on the 2020 budget we would see a rate change?' Yeah I know. I didn't tell you guys that. Other people did. See this is why I try to avoid the dates and the rates because it's all speculation...what did I say? Do not get excited even if it's good news and don't get down if it's bad news...I try to bring an educated perspective. We take a look at the evidence. Get an idea of when it might happen. But the truth is nobody knows...there's nothing wrong with listening to other people's information ...that's what I encourage you guys to do. But be very careful when they make some very over promising predictions...
9-22-2020 Intel Guru MarkZ [via PDK] ...well the world seems to be positioning for exactly what we want...I am still hearing exceptionally positive things from my Iraqi contacts...everybody is still in place…There is very positive stuff from the middle eastern contacts. I do feel good about where we are at… They have a set schedule and we are watching it play out...
9-22-2020 Intel Guru Delta ...we are all waiting for the CBI. It looks like the new governor he's really doing an excellent job. It looks like he's in a hurry to accomplish the stuff that we are all waiting for...they had an emergency meeting on Saturday...with the Board of Directors of the Central Bank of Iraq...there is more confirmation they're going forward. They adopted the banking reform. IOO they are going to bring us to the rate...he's moving forward with the reforms.
9-22-2020 Intel Guru BobTheTaxMan ...Based on my view of where we're at and what's happening all over the place it seems like everything is moving forward. And right now rocket speed...
9-22-2020 Intel Guru Frank26 ...what Donald Trump did in the Middle East is for your investment. A lot of people said, 'Wow, that Frank is really stretching it. That's stupid. Really? The Middle East Peace Accord? That's for the Iraqi dinar?' Yeah. Remember when [community member Bluestar] asked Shabbibi in Washington D.C 'When are you going to do it? When are you going to lift the value of the currency?' And what did Shabbibi say? When we have security and stability. Well guess what we have - security and stability because of the Peace Accords. All the middle eastern countries are going ballistic right now. All the middle eastern countries are happy with the Untied States of America. They are all onboard with the basket. They are onboard with the accords...
9-22-2020 Newshound Guru MilitiaMan Article: "The financial sector is required to support the energy sector" More evidence supporting the view that a new system is coming to Iraq and E-Finance, E - Government will be hand and glove going forward. This too, supports the movement of money is to be from [front ?] and center. Not 3 months from now. Just like Barzani said today. We have verification from Kahdimi and we are ready for investors and the public sector! That is now.. Not in 2021 imo.
9-22-2020 Newshound/Intel Guru Mnt Goat There is nothing by [but ?] very good news and Iraq is now on a good path to appreciate their own true sovereignty from other Arab countries especially Iran. ...Al-Kazemi is amazing as they are rounding up corrupt individuals. By the news we can see that Nori Al-Maliki and Ameri are next. They will not escape this and there will never be peace in Iraq unless Iraq is finally cleansed of them.
9-22-2020 Intel Guru Footforward [...can you clarify for us... did Parliament get the 2020 budget and do its first read or not?...] For the record I believe they do two budgets. One with a new rate and one with the current rate. I'm not sure if they have done the first reading or not...I don't think it's that important to the RV. I think they may pass this budget, have an old rate, and the revalue and pass a new budget...
9-22-2020 Newshound Guru Pimpy ...People are like, 'Weren't we told that on September 15th the rate will happen?' I was like yeah, I know. 'Weren't we told that on the 18th the rate change is gonna happen?' Yeah I know. 'Weren't we told on the 2020 budget we would see a rate change?' Yeah I know. I didn't tell you guys that. Other people did. See this is why I try to avoid the dates and the rates because it's all speculation...what did I say? Do not get excited even if it's good news and don't get down if it's bad news...I try to bring an educated perspective. We take a look at the evidence. Get an idea of when it might happen. But the truth is nobody knows...there's nothing wrong with listening to other people's information ...that's what I encourage you guys to do. But be very careful when they make some very over promising predictions...
9-22-2020 Intel Guru MarkZ [via PDK] ...well the world seems to be positioning for exactly what we want...I am still hearing exceptionally positive things from my Iraqi contacts...everybody is still in place…There is very positive stuff from the middle eastern contacts. I do feel good about where we are at… They have a set schedule and we are watching it play out...
9-22-2020 Intel Guru Delta ...we are all waiting for the CBI. It looks like the new governor he's really doing an excellent job. It looks like he's in a hurry to accomplish the stuff that we are all waiting for...they had an emergency meeting on Saturday...with the Board of Directors of the Central Bank of Iraq...there is more confirmation they're going forward. They adopted the banking reform. IOO they are going to bring us to the rate...he's moving forward with the reforms.
9-22-2020 Intel Guru BobTheTaxMan ...Based on my view of where we're at and what's happening all over the place it seems like everything is moving forward. And right now rocket speed...
9-22-2020 Intel Guru Frank26 ...what Donald Trump did in the Middle East is for your investment. A lot of people said, 'Wow, that Frank is really stretching it. That's stupid. Really? The Middle East Peace Accord? That's for the Iraqi dinar?' Yeah. Remember when [community member Bluestar] asked Shabbibi in Washington D.C 'When are you going to do it? When are you going to lift the value of the currency?' And what did Shabbibi say? When we have security and stability. Well guess what we have - security and stability because of the Peace Accords. All the middle eastern countries are going ballistic right now. All the middle eastern countries are happy with the Untied States of America. They are all onboard with the basket. They are onboard with the accords...
9-22-2020 Newshound Guru MilitiaMan Article: "The financial sector is required to support the energy sector" More evidence supporting the view that a new system is coming to Iraq and E-Finance, E - Government will be hand and glove going forward. This too, supports the movement of money is to be from [front ?] and center. Not 3 months from now. Just like Barzani said today. We have verification from Kahdimi and we are ready for investors and the public sector! That is now.. Not in 2021 imo.
9-21-2020 Newshound Guru Breitling Question: "How do you see Trump's Middle East Peace Accord affecting the dinar?" It means everything...our solution is economic.
9-21-2020 Intel Guru BobTheTaxMan ...this is all a crazy or delusional or something like that idea that you invested into - it's not true. This is an honest bonafide investment. And when you have that kind of investment you have to seriously take a look at what are your options to retain as much of this as you can possibly can. How to prepare for taxes. How to prepare for life-time income. How to prepare for sharing with others or a legacy or charities. There's a zillion different things that need to be looked at if you're going to be serious about this particular investment... [Consult your tax professional at the appropriate time.]
9-21-2020 Intel Guru MarkZ [via PDK] [if it RV’s at 1 to 1…how does it rise to $2 to $3 dollars?] You are looking at it backwards… It is RV then Reset when we go to parity (1 to 1). Several currencies may float as they head toward parity.
9-21-2020 Newshound Guru Kaperoni The central bank of Iraq held a meeting over the weekend with its board to approve banking reform measures. The new governor is moving fast...If there ever was a time to get back into the news, now is the time. New prime minister Kazemi is working quickly to weed out corruption and get a private sector open for business. Let's hope Iraq continues to move forward with reforms. Stay tuned!
9-21-2020 Intel Guru MarkZ [via PDK] Quiet weekend. No movement yet…no money has exchanged hands...based on Asia and Europe I am ruling out Monday so far…Everybody is still staying in position because they do believe we are that close. Personally I do believe we will see it before Oct 1st. But no solid news.
9-21-2020 Newshound Guru Jeff ...They can't change the rate when they have thousands of corrupt figures in the government. There's no way in heck they can allow the rate to change when they have to arrest well over a thousand people. That's too much. Arresting that amount of people they have to delay the rate change...That's most likely the reason why the rate change has been delayed...The fact that they told you they made these arrests should tell you...they're pretty much at the end of dealing with corruption. They probably just have a little bit more to go...
9-21-2020 Intel Guru RayRen98 Reportedly, Parliament returned the draft budget law for the year 2020 to the Ministry of Finance to reconsider some items and possibly add new verbiage.
9-21-2020 Newshound Guru MilitiaMan Article: "Electricity announces the payment of salaries of contract holders and daily wages" Quote: “Minister, which resulted in securing the salaries of the two tranches and transferring their allocations from the investment budget to the operational one. He disclosed that "their salaries will be paid for the month of March today, Sunday, provided that the rest of the months will be paid with retroactive effect after the budget is approved“ The budget agreement appears to have a retroactive mechanism to pay salaries. They also let it be known they can adjust monies from the investment side of a budget to the operational side. Take note this is not about the 2021 at all. March is in 2020 for a retroactivation to be applicable. This is slated for today... Rate before budget, imo... international continuity must mean that the two entities are in agreement at which they’ll be working and being paid. Imo.
9-21-2020 Intel Guru BobTheTaxMan ...this is all a crazy or delusional or something like that idea that you invested into - it's not true. This is an honest bonafide investment. And when you have that kind of investment you have to seriously take a look at what are your options to retain as much of this as you can possibly can. How to prepare for taxes. How to prepare for life-time income. How to prepare for sharing with others or a legacy or charities. There's a zillion different things that need to be looked at if you're going to be serious about this particular investment... [Consult your tax professional at the appropriate time.]
9-21-2020 Intel Guru MarkZ [via PDK] [if it RV’s at 1 to 1…how does it rise to $2 to $3 dollars?] You are looking at it backwards… It is RV then Reset when we go to parity (1 to 1). Several currencies may float as they head toward parity.
9-21-2020 Newshound Guru Kaperoni The central bank of Iraq held a meeting over the weekend with its board to approve banking reform measures. The new governor is moving fast...If there ever was a time to get back into the news, now is the time. New prime minister Kazemi is working quickly to weed out corruption and get a private sector open for business. Let's hope Iraq continues to move forward with reforms. Stay tuned!
9-21-2020 Intel Guru MarkZ [via PDK] Quiet weekend. No movement yet…no money has exchanged hands...based on Asia and Europe I am ruling out Monday so far…Everybody is still staying in position because they do believe we are that close. Personally I do believe we will see it before Oct 1st. But no solid news.
9-21-2020 Newshound Guru Jeff ...They can't change the rate when they have thousands of corrupt figures in the government. There's no way in heck they can allow the rate to change when they have to arrest well over a thousand people. That's too much. Arresting that amount of people they have to delay the rate change...That's most likely the reason why the rate change has been delayed...The fact that they told you they made these arrests should tell you...they're pretty much at the end of dealing with corruption. They probably just have a little bit more to go...
9-21-2020 Intel Guru RayRen98 Reportedly, Parliament returned the draft budget law for the year 2020 to the Ministry of Finance to reconsider some items and possibly add new verbiage.
9-21-2020 Newshound Guru MilitiaMan Article: "Electricity announces the payment of salaries of contract holders and daily wages" Quote: “Minister, which resulted in securing the salaries of the two tranches and transferring their allocations from the investment budget to the operational one. He disclosed that "their salaries will be paid for the month of March today, Sunday, provided that the rest of the months will be paid with retroactive effect after the budget is approved“ The budget agreement appears to have a retroactive mechanism to pay salaries. They also let it be known they can adjust monies from the investment side of a budget to the operational side. Take note this is not about the 2021 at all. March is in 2020 for a retroactivation to be applicable. This is slated for today... Rate before budget, imo... international continuity must mean that the two entities are in agreement at which they’ll be working and being paid. Imo.
9-20-2020 Newshound/Intel Guru RVAlready Article: "The government returns the budget law to the Ministry of Finance to reconsider and add new paragraphs" Hopefully, CBI raises the rate without waiting for parliament, cause parliament is stuck on dead slow. They just returned the budget law 2020 to its source without a reading. ...They have to have this passed into law in 9 days, and they are sending it back without a single reading. Guess it will get all three readings on Sept 30.
9-20-2020 Intel Guru Footforward [When is the swap supposed to happen or did it?] my sources say it hasn't happened yet. I'm not sure we will publicly know when it does happen. But IMHO, they wouldn't be doing this if we were years out from an RV. Iraq is past the point of just needing help. They need to be able to help themselves. Which means they need to add value to their currency. Look at how Trump has told countries to stop using the USD. Now he's willing to do a currency swap with Iraq? You have to ask why. There is only one reason to do this. Without an RV, Iraq is a has been nation. [Hopefully we see the RV now] I believe it's coming.
9-20-2020 Newshound Guru Pimpy ...the day that the rate change happens there's not going to be any fanfare. There's not going to be any notice. There's not going to be any news. You're just going to wake up one day and it's there. That's what they did in Kuwait...
9-20-2020 Newshound Guru Jeff ...everything is looking really good right now but everything that...has to do with money nothing has been started yet. Why? What are we waiting for here? It's Iraq's economics and really the movement of money. It's a game of dominoes...the first domino that has to fall is that the rate has to change. That's what they're showing you. The rate has to change. Kurdistan and Baghdad can't even reach their agreement, they can't even start the approval process of the 2020 budget, they can't even approve the reforms, they can't even start those 8.2 billion dollars worth of agreements...it's a game of dominoes waiting on the rate change...I'm excited right now. I really do feel this is the perfect storm. This storm could not be more perfect for Iraq to actually change the rate...everything that has to do with money is literally on standby/on hold. It's waiting for something...
9-20-2020 Newshound Guru Kaperoni I believe Iraq will follow the direction given to them some years ago in the IMF Article IV Consultation... Accept Article VIII move from the peg to a float. Pass needed laws creating a suitable and favorable business climate for foreign investors. I do not believe in a significant overnight RV of the dinar. It is not technically possible with over 42 trillion dinar in Iraq outside the banking system known as "chunky."
9-20-2020 Intel/Newshound Guru sandyf ...deleting zeros from the currency is the process of replacing the old currency with a new one whose price is less than the old currency by the number of zeros that will be deleted, for example deleting three zeros from the Iraqi currency means that one dinar from the new currency is equivalent to 1000 dinars from the old currency. - A Redenomination. The term "strengthen the national currency" is regularly used by central banks and usually means they have to try and stop the currency from further weakening. A redenomination means a change in the monetary unit and any such changes must be approved by parliament. Normal timeframe is around 2 years.
9-20-2020 Intel Guru RayRen98 Weekend UPDATE: Parliament stated that the budget did not arrive Saturday as promised for its first reading citing a violation of the Constitution. The agency on corruption has arrested several top level banking officials. The budget is now promised to arrive to Parliament on Sunday. For many decades not attained, historic agreements completed by PM Al-Kadhimi and his administration will now lead to agreements on the budget, salaries, oil and gas.
9-20-2020 Intel Guru Footforward [When is the swap supposed to happen or did it?] my sources say it hasn't happened yet. I'm not sure we will publicly know when it does happen. But IMHO, they wouldn't be doing this if we were years out from an RV. Iraq is past the point of just needing help. They need to be able to help themselves. Which means they need to add value to their currency. Look at how Trump has told countries to stop using the USD. Now he's willing to do a currency swap with Iraq? You have to ask why. There is only one reason to do this. Without an RV, Iraq is a has been nation. [Hopefully we see the RV now] I believe it's coming.
9-20-2020 Newshound Guru Pimpy ...the day that the rate change happens there's not going to be any fanfare. There's not going to be any notice. There's not going to be any news. You're just going to wake up one day and it's there. That's what they did in Kuwait...
9-20-2020 Newshound Guru Jeff ...everything is looking really good right now but everything that...has to do with money nothing has been started yet. Why? What are we waiting for here? It's Iraq's economics and really the movement of money. It's a game of dominoes...the first domino that has to fall is that the rate has to change. That's what they're showing you. The rate has to change. Kurdistan and Baghdad can't even reach their agreement, they can't even start the approval process of the 2020 budget, they can't even approve the reforms, they can't even start those 8.2 billion dollars worth of agreements...it's a game of dominoes waiting on the rate change...I'm excited right now. I really do feel this is the perfect storm. This storm could not be more perfect for Iraq to actually change the rate...everything that has to do with money is literally on standby/on hold. It's waiting for something...
9-20-2020 Newshound Guru Kaperoni I believe Iraq will follow the direction given to them some years ago in the IMF Article IV Consultation... Accept Article VIII move from the peg to a float. Pass needed laws creating a suitable and favorable business climate for foreign investors. I do not believe in a significant overnight RV of the dinar. It is not technically possible with over 42 trillion dinar in Iraq outside the banking system known as "chunky."
9-20-2020 Intel/Newshound Guru sandyf ...deleting zeros from the currency is the process of replacing the old currency with a new one whose price is less than the old currency by the number of zeros that will be deleted, for example deleting three zeros from the Iraqi currency means that one dinar from the new currency is equivalent to 1000 dinars from the old currency. - A Redenomination. The term "strengthen the national currency" is regularly used by central banks and usually means they have to try and stop the currency from further weakening. A redenomination means a change in the monetary unit and any such changes must be approved by parliament. Normal timeframe is around 2 years.
9-20-2020 Intel Guru RayRen98 Weekend UPDATE: Parliament stated that the budget did not arrive Saturday as promised for its first reading citing a violation of the Constitution. The agency on corruption has arrested several top level banking officials. The budget is now promised to arrive to Parliament on Sunday. For many decades not attained, historic agreements completed by PM Al-Kadhimi and his administration will now lead to agreements on the budget, salaries, oil and gas.
9-19-2020 Newshound Guru Jeff I have a good friend that works for a financial institution that operates and conduct business all the way around the world...he just me a list of the remaining countries that are on the OFAC-sanctioned list. And Iraq got removed from this list back on August 10th...So guess what, they're now international!
9-19-2020 Intel Guru Footforward [...there’s really no reason that the first currency swap would be at the Program rate just doesn’t make sense.] Actually it does make sense. If you know the dinar is going to revalue and Iraq needs short term help, it makes all the sense in the world to do a swap at the current rate. Iraq gets short term help and America gets more dinar. And once it revalued that's a huge win for America .
9-19-2020 Newshound Guru Kaperoni If Iraq is going to raise the value, they will float it allowing it to gradually appreciate over time. This was discussed by the IMF directly to the CBI several years ago.
9-19-2020 Newshound Guru Jeff ...Kurdistan is not even meeting with Baghdad on the budget until Sunday...this is my complete opinion, what that strongly suggests is...they're waiting on the true final figures after the rate change to be inside the 2020 budget. That way Kurdistan and Baghdad can meet and reach a final comprehensive agreement no the real figures within the budget - again the figures after the rate change...that's what the facts are showing you...
9-19-2020 Intel Guru Footforward [...Something that has been bothering me about the IQD exchange particularly in Ontario, Canada... I...have wondered if the fact that many banks in Ontario at least do not even deal in IQD if that could play a role when it revalue's and a Canadian has some to exchange...] we won't have any issues once it's internationally recognized...No bank deals in dinar right now. That's why we have to buy our dinar from currency dealers right now...Once it goes international, the tune of the banks will change. I can tell you that I know for a fact, one major bank in North America has been preparing for an RV behind the scenes at the highest levels, but won't ever admit that publicly. The banks don't want to deal with tons of people calling and asking about this pre RV... It may only be the bigger banks dealing with this. But even still I don't expect us to have any issues in Canada...
9-19-2020 Newshound Guru Jeff Article: "Iraq Dinar revaluation postponed by Central Bank for 5 years say MP Noura Al Bajari" This article came out in October of 2014...they had full intentions of changing the rate back in 2014 but...but they stopped doing it because Iraq had security challenges. That was the ISIS war...they also had political challenges and a lot of corruption. They didn't have the stability that they've recently achieved...
9-19-2020 Intel Guru Frank26 ...The meeting with the CBI and the Fab 4 that Kazemi and Donald Trump had - as soon as Kazimi got back to Iraq his mission was to clean the swamp but his mission was to deal with the new exchange rate of the Iraqi dinar. This is my opinion but it sure is rather self-evident...we are at a position where they're talking about the exchange rate of the Iraqi dinar vs the American exchange rate. It's not conjecture. It's not a thought. It's not a dream. It's not Evan a fantasy. It's not science fiction. It is a thesis, a study that has reality in it...[Guru] Walkingstick and our teams are now looking for...an article from the CBI explaining the relationship between the Iraqi dinar and the American dollar at 1 to 1...
9-19-2020 Intel Guru Footforward [...there’s really no reason that the first currency swap would be at the Program rate just doesn’t make sense.] Actually it does make sense. If you know the dinar is going to revalue and Iraq needs short term help, it makes all the sense in the world to do a swap at the current rate. Iraq gets short term help and America gets more dinar. And once it revalued that's a huge win for America .
9-19-2020 Newshound Guru Kaperoni If Iraq is going to raise the value, they will float it allowing it to gradually appreciate over time. This was discussed by the IMF directly to the CBI several years ago.
9-19-2020 Newshound Guru Jeff ...Kurdistan is not even meeting with Baghdad on the budget until Sunday...this is my complete opinion, what that strongly suggests is...they're waiting on the true final figures after the rate change to be inside the 2020 budget. That way Kurdistan and Baghdad can meet and reach a final comprehensive agreement no the real figures within the budget - again the figures after the rate change...that's what the facts are showing you...
9-19-2020 Intel Guru Footforward [...Something that has been bothering me about the IQD exchange particularly in Ontario, Canada... I...have wondered if the fact that many banks in Ontario at least do not even deal in IQD if that could play a role when it revalue's and a Canadian has some to exchange...] we won't have any issues once it's internationally recognized...No bank deals in dinar right now. That's why we have to buy our dinar from currency dealers right now...Once it goes international, the tune of the banks will change. I can tell you that I know for a fact, one major bank in North America has been preparing for an RV behind the scenes at the highest levels, but won't ever admit that publicly. The banks don't want to deal with tons of people calling and asking about this pre RV... It may only be the bigger banks dealing with this. But even still I don't expect us to have any issues in Canada...
9-19-2020 Newshound Guru Jeff Article: "Iraq Dinar revaluation postponed by Central Bank for 5 years say MP Noura Al Bajari" This article came out in October of 2014...they had full intentions of changing the rate back in 2014 but...but they stopped doing it because Iraq had security challenges. That was the ISIS war...they also had political challenges and a lot of corruption. They didn't have the stability that they've recently achieved...
9-19-2020 Intel Guru Frank26 ...The meeting with the CBI and the Fab 4 that Kazemi and Donald Trump had - as soon as Kazimi got back to Iraq his mission was to clean the swamp but his mission was to deal with the new exchange rate of the Iraqi dinar. This is my opinion but it sure is rather self-evident...we are at a position where they're talking about the exchange rate of the Iraqi dinar vs the American exchange rate. It's not conjecture. It's not a thought. It's not a dream. It's not Evan a fantasy. It's not science fiction. It is a thesis, a study that has reality in it...[Guru] Walkingstick and our teams are now looking for...an article from the CBI explaining the relationship between the Iraqi dinar and the American dollar at 1 to 1...
9-18-2020 Newshound Guru Jeff Article: "The first statement of the new Iraqi central governor: We drew up a plan to strengthen the national currency" The first sentence is very very very important... "....the new CBI governor of the central bank of Iraq announced on today Thursday a plan to strengthen the notation currency." A plan to strengthen the national currency! There's only one way they can do that...it's to raise the value.
9-18-2020 Newshound/Intel Guru Mnt Goat ...I can see that the target of the CBI might be January from all this news, however to be more certain we must watch and wait for announcements from the new CBI governor about the project to delete the zeros. I expect we will see him in the public just as soon as he wets his feet a big in his new role. I am being told by my CBI contact, that we can expect him to unveil financial reforms for the CBI and for the nation. I suspect this will be in part, the currency reform. ... the CBI has told me numerous times that they will first educate the citizens again on the process when they are ready. This will be a sign for us...
9-18-2020 Intel Guru Footforward [...I know we are close...] I believe so too... period we need to be watching...[the 18th] the 24th and the 28th. I am not saying those are days the RV is going to happen necessarily...I'm saying they'll be important to watch...
9-18-2020 Intel Guru MarkZ [via PDK] Well, people are still in position everywhere…just no money movement yet. My government sources are very much looking at Oct.1 for a new monetary system all around the world. So hang on…It still looks fantastic.
9-18-2020 Newshound Guru Jeff Article: "KRG Delegation To Discuss Budget With Federal Official On September 20" I kept telling you that parliament would not start the approval process of the budget until after the 20th. I said IMO the reason why is because the numbers were going to change in that budget from trillions to billions. That's the step that happens when the rate changes...for example if they were to change the rate say this Sunday morning for Iraq then the numbers would transition from trillions into billions. So they would not want any parties to see those figures publicly before the rate does change...IMO they're not going to let anyone see those figures or numbers within the real 2020 budget until after the rate has already changed...They already said the real true numbers inside the budget have not been shown...
9-18-2020 Intel Guru Frank26 ...there is a lot of things that are going on with the Iraqi dinar and they're being very forward about it...what was the article that came out today? 'Hi, I'm an economist from Iraq, I'd like to talk to you about the Iraqi dinar and the American dollar about them being 1 to 1.' ...the citizens are going ballistic...
9-18-2020 Newshound Guru MilitiaMan Article: "The New Central Bank Governor: We Set A Plan To Develop The Bank’s Work And Strengthen The Dinar" Quote: "a deliberate banking plan has been developed that will develop the work of the central bank, strengthen the national currency..." ...these articles...have been effectively what we have been waiting for. Instructions issued... In other words the horses mouth has spoken... imo... Now we should see the citizens gearing for an exchange rate to bring in the 50k and 25k notes... imo... As that will bring in the real opportunities!! imo.
9-18-2020 Intel Guru Footforward Article: "100 US dollars is equivalent to 100 Iraqi dinars...Is it possible? An economic expert answers." [That article describes a lop scenario say 1 new Dinar would be equal to 1000 old dinars. Hope that’s not what they do.] It won't be. Expect to see alot of crap like this...My point is we don't get shaken. A revaluation is the only way to fix their economic hardship. They aren't going to come out and tell us when they will do it. In my opinion anyways. So we have to watch the signs. ...The fact that corruption is being dealt with in Iraq at a very rapid pace is very good for us...These guys being arrested is a good sign. We need to watch what they do. Not what they say so much. It's helpful to take a much bigger picture...
9-18-2020 Newshound Guru Pimpy Article: "100 U.S. Dollars is equivalent to 100 Iraqi dinars...Is it possible? An economic expert answers" That would be a 1 for 1 exchange rate...it looks like what she's saying...is they want to improve the value of the currency so that they could do the lop and then turn the exchange to one to one. What does that mean? For every 100,000 dinars would be worth a hundred dinars...lopping off the three zeros is once again the talk of the town...for you newbies that's a very bad situation if they do that. So for every hundred thousand dollars they would reduce it down to a thousand dollars and then give you a one for one exchange. So you would get a 1000 for every 100,000...I don't think they're going to lop the zeros off. I don't think they can afford to.
9-18-2020 Newshound/Intel Guru Mnt Goat ...I can see that the target of the CBI might be January from all this news, however to be more certain we must watch and wait for announcements from the new CBI governor about the project to delete the zeros. I expect we will see him in the public just as soon as he wets his feet a big in his new role. I am being told by my CBI contact, that we can expect him to unveil financial reforms for the CBI and for the nation. I suspect this will be in part, the currency reform. ... the CBI has told me numerous times that they will first educate the citizens again on the process when they are ready. This will be a sign for us...
9-18-2020 Intel Guru Footforward [...I know we are close...] I believe so too... period we need to be watching...[the 18th] the 24th and the 28th. I am not saying those are days the RV is going to happen necessarily...I'm saying they'll be important to watch...
9-18-2020 Intel Guru MarkZ [via PDK] Well, people are still in position everywhere…just no money movement yet. My government sources are very much looking at Oct.1 for a new monetary system all around the world. So hang on…It still looks fantastic.
9-18-2020 Newshound Guru Jeff Article: "KRG Delegation To Discuss Budget With Federal Official On September 20" I kept telling you that parliament would not start the approval process of the budget until after the 20th. I said IMO the reason why is because the numbers were going to change in that budget from trillions to billions. That's the step that happens when the rate changes...for example if they were to change the rate say this Sunday morning for Iraq then the numbers would transition from trillions into billions. So they would not want any parties to see those figures publicly before the rate does change...IMO they're not going to let anyone see those figures or numbers within the real 2020 budget until after the rate has already changed...They already said the real true numbers inside the budget have not been shown...
9-18-2020 Intel Guru Frank26 ...there is a lot of things that are going on with the Iraqi dinar and they're being very forward about it...what was the article that came out today? 'Hi, I'm an economist from Iraq, I'd like to talk to you about the Iraqi dinar and the American dollar about them being 1 to 1.' ...the citizens are going ballistic...
9-18-2020 Newshound Guru MilitiaMan Article: "The New Central Bank Governor: We Set A Plan To Develop The Bank’s Work And Strengthen The Dinar" Quote: "a deliberate banking plan has been developed that will develop the work of the central bank, strengthen the national currency..." ...these articles...have been effectively what we have been waiting for. Instructions issued... In other words the horses mouth has spoken... imo... Now we should see the citizens gearing for an exchange rate to bring in the 50k and 25k notes... imo... As that will bring in the real opportunities!! imo.
9-18-2020 Intel Guru Footforward Article: "100 US dollars is equivalent to 100 Iraqi dinars...Is it possible? An economic expert answers." [That article describes a lop scenario say 1 new Dinar would be equal to 1000 old dinars. Hope that’s not what they do.] It won't be. Expect to see alot of crap like this...My point is we don't get shaken. A revaluation is the only way to fix their economic hardship. They aren't going to come out and tell us when they will do it. In my opinion anyways. So we have to watch the signs. ...The fact that corruption is being dealt with in Iraq at a very rapid pace is very good for us...These guys being arrested is a good sign. We need to watch what they do. Not what they say so much. It's helpful to take a much bigger picture...
9-18-2020 Newshound Guru Pimpy Article: "100 U.S. Dollars is equivalent to 100 Iraqi dinars...Is it possible? An economic expert answers" That would be a 1 for 1 exchange rate...it looks like what she's saying...is they want to improve the value of the currency so that they could do the lop and then turn the exchange to one to one. What does that mean? For every 100,000 dinars would be worth a hundred dinars...lopping off the three zeros is once again the talk of the town...for you newbies that's a very bad situation if they do that. So for every hundred thousand dollars they would reduce it down to a thousand dollars and then give you a one for one exchange. So you would get a 1000 for every 100,000...I don't think they're going to lop the zeros off. I don't think they can afford to.
9-17-2020 Intel Guru MarkZ [via PDK] [I don’t think the RV will ever happen.] ...I bet they said the same thing in Kuwait before that reset...Just look at all the great resets and revaluations in History…It will happen. The biggest difference in now and past resets is we are all looking for it…Because of the internet we can follow it and we can chase it. We are all fixated on it .
9-17-2020 Intel Guru Footforward ...The plan on the dong for the longest time has been 5-10 cents. The only reason my opinion was it could go higher is that Vietnam needs money and even at 10 cents I think they are a bit undervalued. That's not financial or investment advice. That's my opinion.
9-17-2020 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE: THE 2020 BUDGET WILL ARRIVE IN PARLIAMENT THIS WEEK, AND IT DOES NOT EXCLUDE THE FUNDING OUTSIDE OF MORE LOANS" So the budget was sent already and is in parliament. You simply can’t borrow your way out of debt. Bad ideas by bad politians...It simply does not work and they know it. They can get all the permission they want to borrow more money, but in reality they are stuck. We knew this day would come as they only had money until the end of September to pay salaries. They only have 2 choices not 3. Choice #1 is cut expenditures so drastically as to meet the current price of oil, Choice #2 float the currency and let investors invest in Iraq . Choice #2 also gives the potential investors freedom of exchange and transfer of monetary resources needed to come into Iraq .
9-17-2020 Newshound Guru Pimpy Trust me there is a lot of news as I'm sure some of you are aware. A lot of talk about the Iraqi dinar. A lot of talk about the economy. A lot of Al-Kazemi crack-a-lacking on the people over there making sure that the country gets back to where it need to be... Article: "The first statement of the new Iraqi central governor: We drew up a plan to strengthen the national currency" There's more than one article talking about the Iraqi dinar...this is what we're waiting for. Obviously the stronger the currency the better our exchange rate...they're making plans to strengthen it. That's what we want to see.
9-17-2020 Newshound Guru Adam Montana ...Anything that is addressed in the coming meetings that will affect the 2021 Budget in a major way, especially if it's HCL, will not be able to "hide" until 2021. They have to be ready to raise the exchange rate before they announce any major agreements on HCL, Article 140, or anything else closely related. If they don't raise the rate soon enough, there would be a massive speculative run on the currency, which would dilute it, and kill their opportunity. They aren't going to do that. Not because we are waiting for them, but because they wouldn't benefit from it. Our day is coming!
9-17-2020 Newshound Guru Mnt Goat Article: "DEPUTY: AL-KAZEMI'S VISIT IS THE LAST OPPORTUNITY FOR THE REGION TO HAND OVER HIS COMMITMENT AND IN SUCCESSION TO BE DEPRIVED OF THE 2021 BUDGET" the agreement was made already and this is done. Kurdistan got only 12% but is getting paid and this is important that the GOI is monitoring all the other oil they are selling on the side besides the amount needed to meet the budget. This is important to us because it is important to the IMF.
9-17-2020 Intel Guru MarkZ [via PDK] My bankers are still very positive that this is our week…I still believe it has a set date and its rolling out. [my birthday on october 30th, better happen by then...Need a good birthday present.] I think you will be very happy before your birthday.
9-17-2020 Newshound Guru Pimpy ...There's discussion about the exchange rate it needs to change. So the anticipation is that the rate change would be in the 2021 budget. There's no guarantee. I'm just saying that appears based on what is being said that seem to be the case...we're running into some serious deadlines...
9-17-2020 Newshound Guru Jeff Iraq in '17...almost 3 years ago they performed a test. They unpegged from the dollar and went to a currency assortment basket...historically over the last 100 years the Iraq dinar the high side of it was about $4.20 the low side was about $2.50...Over the last 100 years the Iraq dinar has not gone below $2 bucks. This is a reinstatement. That means they're going to put the value of the Iraq dinar back to where it was...a restoration of it. It devalued in 2004 against the dollar at $3.22...today we're in the year of 2020. So here we are 15 years later...because of...the facts and variable...how it's a reinstatement...the high point/low point over the last 100 years...I'm of the opinion...the rate is going to be very close to or around $3.80...
9-17-2020 Newshound Guru MilitiaMan The 2020 budget is not off the table yet, imo. The cannot legislate (enact) it yet. It is not to be looked over. It has a purpose with it... the Cabinet to finish this week and then the Parliament will see it next week...All to be done within or over the legislative time frame of a two week period. They already have had one special session on it already. Most likely imo the 2019 FMLA is inside it, thus, it is being timed accordingly. Lets not forget the electronic systems to be in place at the Borders and the GOI. They need to fire once they decide to go international or expose a new exchange rate. They will need to be transparent. Thus, we see the adjustments being made to personnel at 8-9 key places. They include the CBI. All still looks very promising...imo.
9-17-2020 Intel Guru Footforward ...The plan on the dong for the longest time has been 5-10 cents. The only reason my opinion was it could go higher is that Vietnam needs money and even at 10 cents I think they are a bit undervalued. That's not financial or investment advice. That's my opinion.
9-17-2020 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE: THE 2020 BUDGET WILL ARRIVE IN PARLIAMENT THIS WEEK, AND IT DOES NOT EXCLUDE THE FUNDING OUTSIDE OF MORE LOANS" So the budget was sent already and is in parliament. You simply can’t borrow your way out of debt. Bad ideas by bad politians...It simply does not work and they know it. They can get all the permission they want to borrow more money, but in reality they are stuck. We knew this day would come as they only had money until the end of September to pay salaries. They only have 2 choices not 3. Choice #1 is cut expenditures so drastically as to meet the current price of oil, Choice #2 float the currency and let investors invest in Iraq . Choice #2 also gives the potential investors freedom of exchange and transfer of monetary resources needed to come into Iraq .
9-17-2020 Newshound Guru Pimpy Trust me there is a lot of news as I'm sure some of you are aware. A lot of talk about the Iraqi dinar. A lot of talk about the economy. A lot of Al-Kazemi crack-a-lacking on the people over there making sure that the country gets back to where it need to be... Article: "The first statement of the new Iraqi central governor: We drew up a plan to strengthen the national currency" There's more than one article talking about the Iraqi dinar...this is what we're waiting for. Obviously the stronger the currency the better our exchange rate...they're making plans to strengthen it. That's what we want to see.
9-17-2020 Newshound Guru Adam Montana ...Anything that is addressed in the coming meetings that will affect the 2021 Budget in a major way, especially if it's HCL, will not be able to "hide" until 2021. They have to be ready to raise the exchange rate before they announce any major agreements on HCL, Article 140, or anything else closely related. If they don't raise the rate soon enough, there would be a massive speculative run on the currency, which would dilute it, and kill their opportunity. They aren't going to do that. Not because we are waiting for them, but because they wouldn't benefit from it. Our day is coming!
9-17-2020 Newshound Guru Mnt Goat Article: "DEPUTY: AL-KAZEMI'S VISIT IS THE LAST OPPORTUNITY FOR THE REGION TO HAND OVER HIS COMMITMENT AND IN SUCCESSION TO BE DEPRIVED OF THE 2021 BUDGET" the agreement was made already and this is done. Kurdistan got only 12% but is getting paid and this is important that the GOI is monitoring all the other oil they are selling on the side besides the amount needed to meet the budget. This is important to us because it is important to the IMF.
9-17-2020 Intel Guru MarkZ [via PDK] My bankers are still very positive that this is our week…I still believe it has a set date and its rolling out. [my birthday on october 30th, better happen by then...Need a good birthday present.] I think you will be very happy before your birthday.
9-17-2020 Newshound Guru Pimpy ...There's discussion about the exchange rate it needs to change. So the anticipation is that the rate change would be in the 2021 budget. There's no guarantee. I'm just saying that appears based on what is being said that seem to be the case...we're running into some serious deadlines...
9-17-2020 Newshound Guru Jeff Iraq in '17...almost 3 years ago they performed a test. They unpegged from the dollar and went to a currency assortment basket...historically over the last 100 years the Iraq dinar the high side of it was about $4.20 the low side was about $2.50...Over the last 100 years the Iraq dinar has not gone below $2 bucks. This is a reinstatement. That means they're going to put the value of the Iraq dinar back to where it was...a restoration of it. It devalued in 2004 against the dollar at $3.22...today we're in the year of 2020. So here we are 15 years later...because of...the facts and variable...how it's a reinstatement...the high point/low point over the last 100 years...I'm of the opinion...the rate is going to be very close to or around $3.80...
9-17-2020 Newshound Guru MilitiaMan The 2020 budget is not off the table yet, imo. The cannot legislate (enact) it yet. It is not to be looked over. It has a purpose with it... the Cabinet to finish this week and then the Parliament will see it next week...All to be done within or over the legislative time frame of a two week period. They already have had one special session on it already. Most likely imo the 2019 FMLA is inside it, thus, it is being timed accordingly. Lets not forget the electronic systems to be in place at the Borders and the GOI. They need to fire once they decide to go international or expose a new exchange rate. They will need to be transparent. Thus, we see the adjustments being made to personnel at 8-9 key places. They include the CBI. All still looks very promising...imo.
9-16-2020 Intel Guru Bruce let’s start off with where are we?? Where the heck are we?? Laughing – We are waiting...gathering intel...until...it is our time to go and exchange...I can tell you this – we were looking for something to happen for us as soon as today [Tuesday] – from a major bank...we do know some things are happening and definitely happening behind the scenes that we can sort of talk about...we were told we were...told consider Wednesday – Thursday and Friday - and possibly into the weekend...We had one of the individuals that works for a major bank said he was positive that this was going to go - sometime this week but we didn’t have a specific date... we are just going to have to see when it’s going to be our turn to tee off...
9-16-2020 Intel Guru MarkZ [Some sources say only .47 cents for the dong….] Different sources…banking sources all have different thoughts…even at that rate it sure beats a lottery ticket for what we bought it for.
9-16-2020 Newshound Guru Mnt Goat "AFTER THE APPOINTMENT OF A NEW GOVERNOR OF THE CENTRAL BANK … THE VICE-RELATIONSHIP REQUESTS RETIREMENT, AND THE GENERAL MANAGER APPLIES FOR A ONE-YEAR LEAVE" so what does this mean for us and our investment in the dinar? It means we are one step closer. We have been looking for this move all along...Will the new governor Al-Kitab support doing the project to delete the zeros? Will he support moving to a float on FOREX? We wait and see. I think this move is indicative of what must happen and the answer is YES,YES and YES! It is just a matter of time now…
9-16-2020 Newshound Guru Adam Montana ...some articles...that focus on HCL (article 140/HCL/etc)... Quotes: "there is an agreement between Baghdad and Erbil to resolve all pending issues, and for the constitution to be the rule, and a phased agreement was obtained from 3 months until the end of 2020, and we intend to conclude a new agreement to be implemented under the 2021 budget."; "...it is possible to reach consensus formulas regarding the federal government's authority over border crossings and disputed areas, and the oil and gas law," this is undeniably exciting! The Budget, Article 140, HCL - those are all tied together, and it's basically ALL we need for Iraq to increase their value...Seriously! IT DOES NOT GET MUCH BETTER!!!
9-16-2020 Newshound Guru Pimpy ...I absolutely believe soon or later the Iraqi dinar will experience a rate change. For me it's not a matter of if it's just a matter of when. But that's just my opinion. There's many reasons for me to believe that and I share them with you...now I get it. You guys are going, 'wait a minute we were told something's going to happen on the 15th.' Yeah here's the funny thing. I was told that too by so-called insiders...don't listen to people like that. When they say they got insider information don't automatically assume that they got legitimate insider information...the best that we could do is make an intelligent decision based on the information that we see...no body knows when these things are gonna happen but they're gonna happen. Hang tight. Think positive.
9-16-2020 Newshound/Intel Guru Mnt Goat ...We know that Iraq under Trump now has the full backing of the US and this is what we have waiting so long to hear... Trump surely sees the great economic potential for US companies and is trying to honestly address the issues that hurt and prevent them from investing in Iraq, then harvest the benefits...we hear news of Trump visiting Iraq later this week...
9-16-2020 Intel Guru MarkZ ...I am trying to find out what is happening with the timing…the news is all over this week and not making a lot of sense...I have government sources who still say we are looking at this week...Stay grounded and look at the fundamentals…There are a crap ton of rumors out there...Most of my top connected sources have said that they have agreed to a set schedule…we are just guessing at that schedule...We do not know and there is a reason for that. They have compartmentalized this thing….they have to for security reasons...I don’t think the can has been kicked…just our news is flawed...So for better or for worse- that is the news.
9-16-2020 Newshound Guru Jeff ...this is just amazing Article "Al-Abadi's coalition express its support for Al-Kazemi's changes in administrative positions". This is a really good article. Let's look down to the highlights Quote: "The changes made by Prime Minister Kazemi yesterday on Monday were necessary in order to complete the reform process." This one is awesome quote "In the coming days may witness new changes according to the government's policy of conducting comprehensive political and economic reform..." Lots of amazing news...
9-16-2020 Newshound/Intel Guru Mnt Goat Article: "THE INDEPENDENT: IRAQ HAS NO CHOICE BUT TO TAKE AUSTERITY MEASURES OR FLOAT THE CURRENCY" The...article is telling us they really have no choice but to now FLOAT their currency and end these currency auctions. Will they? ...we wait to see just what they decide to do. If they decide to FLOAT they will have to RV to at least around a 1.00 then do the project to delete the zeros. Then soon move to FOREX on the planned float. This is when we go to the bank….
9-16-2020 Intel Guru MarkZ [Some sources say only .47 cents for the dong….] Different sources…banking sources all have different thoughts…even at that rate it sure beats a lottery ticket for what we bought it for.
9-16-2020 Newshound Guru Mnt Goat "AFTER THE APPOINTMENT OF A NEW GOVERNOR OF THE CENTRAL BANK … THE VICE-RELATIONSHIP REQUESTS RETIREMENT, AND THE GENERAL MANAGER APPLIES FOR A ONE-YEAR LEAVE" so what does this mean for us and our investment in the dinar? It means we are one step closer. We have been looking for this move all along...Will the new governor Al-Kitab support doing the project to delete the zeros? Will he support moving to a float on FOREX? We wait and see. I think this move is indicative of what must happen and the answer is YES,YES and YES! It is just a matter of time now…
9-16-2020 Newshound Guru Adam Montana ...some articles...that focus on HCL (article 140/HCL/etc)... Quotes: "there is an agreement between Baghdad and Erbil to resolve all pending issues, and for the constitution to be the rule, and a phased agreement was obtained from 3 months until the end of 2020, and we intend to conclude a new agreement to be implemented under the 2021 budget."; "...it is possible to reach consensus formulas regarding the federal government's authority over border crossings and disputed areas, and the oil and gas law," this is undeniably exciting! The Budget, Article 140, HCL - those are all tied together, and it's basically ALL we need for Iraq to increase their value...Seriously! IT DOES NOT GET MUCH BETTER!!!
9-16-2020 Newshound Guru Pimpy ...I absolutely believe soon or later the Iraqi dinar will experience a rate change. For me it's not a matter of if it's just a matter of when. But that's just my opinion. There's many reasons for me to believe that and I share them with you...now I get it. You guys are going, 'wait a minute we were told something's going to happen on the 15th.' Yeah here's the funny thing. I was told that too by so-called insiders...don't listen to people like that. When they say they got insider information don't automatically assume that they got legitimate insider information...the best that we could do is make an intelligent decision based on the information that we see...no body knows when these things are gonna happen but they're gonna happen. Hang tight. Think positive.
9-16-2020 Newshound/Intel Guru Mnt Goat ...We know that Iraq under Trump now has the full backing of the US and this is what we have waiting so long to hear... Trump surely sees the great economic potential for US companies and is trying to honestly address the issues that hurt and prevent them from investing in Iraq, then harvest the benefits...we hear news of Trump visiting Iraq later this week...
9-16-2020 Intel Guru MarkZ ...I am trying to find out what is happening with the timing…the news is all over this week and not making a lot of sense...I have government sources who still say we are looking at this week...Stay grounded and look at the fundamentals…There are a crap ton of rumors out there...Most of my top connected sources have said that they have agreed to a set schedule…we are just guessing at that schedule...We do not know and there is a reason for that. They have compartmentalized this thing….they have to for security reasons...I don’t think the can has been kicked…just our news is flawed...So for better or for worse- that is the news.
9-16-2020 Newshound Guru Jeff ...this is just amazing Article "Al-Abadi's coalition express its support for Al-Kazemi's changes in administrative positions". This is a really good article. Let's look down to the highlights Quote: "The changes made by Prime Minister Kazemi yesterday on Monday were necessary in order to complete the reform process." This one is awesome quote "In the coming days may witness new changes according to the government's policy of conducting comprehensive political and economic reform..." Lots of amazing news...
9-16-2020 Newshound/Intel Guru Mnt Goat Article: "THE INDEPENDENT: IRAQ HAS NO CHOICE BUT TO TAKE AUSTERITY MEASURES OR FLOAT THE CURRENCY" The...article is telling us they really have no choice but to now FLOAT their currency and end these currency auctions. Will they? ...we wait to see just what they decide to do. If they decide to FLOAT they will have to RV to at least around a 1.00 then do the project to delete the zeros. Then soon move to FOREX on the planned float. This is when we go to the bank….
9-14-2020 *** Dinar Guru News Flash *** News articles out of Iraq are indicating Iraq's Prime Minister Al-Kazemi has appointed a new Central Bank of Iraq governor. Stay tuned as the gurus chime in on what impact this major appointment will have on the dinar and the timing of a possible RV/rate change. The latest gurus posts will continue below...
9-15-2020 Intel Guru Frank26 ...The next thing we should see is Kazemi dissolving parliament because he's already replacing all the political positions...now they're all scrambling. You know, turn the lights on and the cockroaches run...Maliki is in Iran and he's looking for a home...Maliki is a man without a country...he [Kazemi] is replacing ministers let and right...
9-15-2020 Newshound/Intel Guru Mnt Goat We also heard just recently that the governor position is up for grabs too and it is just a matter of time before they select and announce the new director. Then on Monday this announcement came out and I quote: “after the appointment of a new governor of the central bank … earlier in the day, prime minister Mustafa al-Kazemi made changes to senior positions, the most prominent of which was the appointment of Mustafa Ghaleb al-Kitab as governor of the central bank instead of the previous governor, Ali al-Alaq." This is WOW news! ...If these events were a piece of clay, we would see them molding Iraq into the necessary reforms that need to take place and get us to the bank... [post 2 of 2]
9-15-2020 Newshound/Intel Guru Mnt Goat Ours news today is extraordinary. It is all very good…finally! So, last week the new finance minister Allawi under al-Kazemi came out and told us they must revisit the exchange rate of the dinar. This week we hear from a British economists telling Iraq they only have two alternatives to survive: either to drastically cut expenditures or put their currency on a float and let the market drive it. This is their survival. Then again this period also, other Iraqi economists and financial experts also talked about the currency auction corruption. Then we hear the CBI deny it all. Amazingly enough then we get an article soon afterwards telling us that al-Kazemi is making many drastic changes in high level personnel positions in the CBI. Go figure? [post 1 of 2....stay tuned]
9-15-2020 Intel Guru Frank26 ...we got a date and a rate. IMO it's in the white papers and President Trump and Kazemi both talked about it...IMO they said we've got everything done...Donald Trump and Kazemi came up with plans about the new exchange rate and about the date of announcing the new exchange rate...I know they're going to raise the value of the currency...the investors are gonna start pouring in very soon now...this month...Oh my gosh the money that they're going to make is amazing...
9-15-2020 Intel Guru MarkZ ...Lots of expectation and anticipation. I think there is a lot of sitting and waiting for that big “Phone call”...There are a lot of confident folks…bankers, attorneys...They are hearing the shoe drops today as far as news …We are expecting a week full of news and movement. I am told to expect some very big news days this week…We are really close…
9-15-2020 Newshound/Intel Guru Petra ...we got the new director of the Iraqi Trade Bank of Iraq...Kazemi replaced him. We now have a new chairman for the National Investment commission. We have a new Chairman of the Securities Commission. We've got a new Deputy of Operations for the Iraqi National Intelligence Service. We got the new Chairman of the Integrity Commission. All these people have to do with finance and law and enforcing law. But to replace every single financial leadership position in the country [Other than two banks]...talk about excitement. People have got to be ecstatic that he has basically come in here and changed every single person that has anything to do with finance in the that country. I have got to believe that was a requirement from the Fab 4...I'm very very excited about what's happening. It's all happened so quickly. And we're still within the 30-day timeline of when Kazemi was in the U.S. All this has happened in less than 30 days...it keeps getting better.
9-15-2020 Newshound Guru Adam Montana They [Iraq] put a lot of effort, time, and money into protecting a currency that isn't worth much... why would they do that? Answer: Because the current value is not permanent.
9-15-2020 Intel Guru Footforward [Looks like they did change the cbi governor. Alak has been replaced. Looks like about 8 others were replaced by al Khazemi as well.] ...Alak wasn't the hold up. They just needed a change culture wise in the CBI. It's had gotten stale. It helps to have him out but this one thing will not cause the RV to suddenly happen...
9-15-2020 Newshound/Intel Guru Mnt Goat We also heard just recently that the governor position is up for grabs too and it is just a matter of time before they select and announce the new director. Then on Monday this announcement came out and I quote: “after the appointment of a new governor of the central bank … earlier in the day, prime minister Mustafa al-Kazemi made changes to senior positions, the most prominent of which was the appointment of Mustafa Ghaleb al-Kitab as governor of the central bank instead of the previous governor, Ali al-Alaq." This is WOW news! ...If these events were a piece of clay, we would see them molding Iraq into the necessary reforms that need to take place and get us to the bank... [post 2 of 2]
9-15-2020 Newshound/Intel Guru Mnt Goat Ours news today is extraordinary. It is all very good…finally! So, last week the new finance minister Allawi under al-Kazemi came out and told us they must revisit the exchange rate of the dinar. This week we hear from a British economists telling Iraq they only have two alternatives to survive: either to drastically cut expenditures or put their currency on a float and let the market drive it. This is their survival. Then again this period also, other Iraqi economists and financial experts also talked about the currency auction corruption. Then we hear the CBI deny it all. Amazingly enough then we get an article soon afterwards telling us that al-Kazemi is making many drastic changes in high level personnel positions in the CBI. Go figure? [post 1 of 2....stay tuned]
9-15-2020 Intel Guru Frank26 ...we got a date and a rate. IMO it's in the white papers and President Trump and Kazemi both talked about it...IMO they said we've got everything done...Donald Trump and Kazemi came up with plans about the new exchange rate and about the date of announcing the new exchange rate...I know they're going to raise the value of the currency...the investors are gonna start pouring in very soon now...this month...Oh my gosh the money that they're going to make is amazing...
9-15-2020 Intel Guru MarkZ ...Lots of expectation and anticipation. I think there is a lot of sitting and waiting for that big “Phone call”...There are a lot of confident folks…bankers, attorneys...They are hearing the shoe drops today as far as news …We are expecting a week full of news and movement. I am told to expect some very big news days this week…We are really close…
9-15-2020 Newshound/Intel Guru Petra ...we got the new director of the Iraqi Trade Bank of Iraq...Kazemi replaced him. We now have a new chairman for the National Investment commission. We have a new Chairman of the Securities Commission. We've got a new Deputy of Operations for the Iraqi National Intelligence Service. We got the new Chairman of the Integrity Commission. All these people have to do with finance and law and enforcing law. But to replace every single financial leadership position in the country [Other than two banks]...talk about excitement. People have got to be ecstatic that he has basically come in here and changed every single person that has anything to do with finance in the that country. I have got to believe that was a requirement from the Fab 4...I'm very very excited about what's happening. It's all happened so quickly. And we're still within the 30-day timeline of when Kazemi was in the U.S. All this has happened in less than 30 days...it keeps getting better.
9-15-2020 Newshound Guru Adam Montana They [Iraq] put a lot of effort, time, and money into protecting a currency that isn't worth much... why would they do that? Answer: Because the current value is not permanent.
9-15-2020 Intel Guru Footforward [Looks like they did change the cbi governor. Alak has been replaced. Looks like about 8 others were replaced by al Khazemi as well.] ...Alak wasn't the hold up. They just needed a change culture wise in the CBI. It's had gotten stale. It helps to have him out but this one thing will not cause the RV to suddenly happen...
9-14-2020 Newshound Guru Jeff ...the period you're in is red hot...My opinion is I think they're going to change the rate for Iraq on Sunday morning of 9-20... everything's right on track moving in the right direction...you are in the hottest time frame of this investment that you've ever been in right now. It could not be any better or look any better.
9-14-2020 Newshound Guru Pimpy ...as usual Al-Kazemi looking like a superstar. Remember when he first got into office he had made a comment to removing and replacing about 1,000 senior positions there. Really draining the Iraqi swamp...this seems to be happening. Article: "The first Sunni comment on A-Kazemi's incursion into the ranks of the "deep state" Yeah, he's draining the swamp...I feel very positive about this...I'm excited about it.
9-14-2020 Newshound Guru Kaperoni It is confirmed...Ali al-Alaq is out as CBI Governor. New CBI Governor is Mustafa Ghaleb...
9-14-2020 Newshound Guru MilitiaMan ...We know the goal is to go to a social market economy. A Market economy is free to trade across borders. A program rate doesn't get into the free markets. But, an international rate does get them into a market economy...Where they can borrow in effect from themselves with leverage from the value of the new exchange rate/currency. Just as the IMF and World Bank have told them. We see a clear theme lately that is pointing to that Iraq is backed into a corner. They have no liquidity to pay salaries and they tell us they have two choices...Austerity or float the currency. ...So from the looks of things the cards will be on the table soon enough to see if any of this is pertinent or not. My bet is what is in print supports they will see the reforms through now...The solutions is to raise the value (financing by inflation) and floating the currency. imo.
9-14-2020 Intel Guru MarkZ [via PDK] Iraqi sources are pretty confident that they will get a new rate this week. All the chatter everywhere is excellent. I am getting a lot of chatter that things start here tomorrow in the US and all over the world for the redemption process...Chatter has been exceptionally good for positioning to start this week. [How confident about exchanging this week?] As long as everything continues to move forward I feel it will be late in the week…
9-14-2020 Newshound Guru Jeff We have some very amazing news that I'm shocked to see...it's good. Article: "The first Sunni comment on Al-Kazemi's incursion into the ranks of the "deep state" Quote: "...Prim Minister Kazemi made major changes in a number of government position most notably the Central Bank Governor of Iraq..." ...the original Central Bank governor was only a proxy. He was temporary. There was some theory that we might need to see a new Central Bank Governor before the rate could change and there you go...has now officially happened...as you see they're cleaning house, making a lot of changes right now. That's good.
9-14-2020 Newshound Guru Kaperoni There is a lot of talk in the media about the government submitting the economic reform law by the end of month to parliament. This is an important law and we need to watch closely to see if there is anything on it regarding currency reform.
9-14-2020 Newshound Guru Jeff ...Iraq can only pay [contracts with the Iraqi dinar]. For example I told you that they signed that contract with GE for 1.2 Billion dollars. Because of Article VIII Iraq can only make payment with their currency - the dinar. They cannot use the US dollar. So in order for them to make payments... their currency has to be internationally recognized. GE is not going to accept payment with a non-internationally recognized currency. So anybody receiving payment from Iraq, the Iraqi dinar must be internationally recognized to receive those payments...
9-14-2020 Newshound Guru Pimpy ...as usual Al-Kazemi looking like a superstar. Remember when he first got into office he had made a comment to removing and replacing about 1,000 senior positions there. Really draining the Iraqi swamp...this seems to be happening. Article: "The first Sunni comment on A-Kazemi's incursion into the ranks of the "deep state" Yeah, he's draining the swamp...I feel very positive about this...I'm excited about it.
9-14-2020 Newshound Guru Kaperoni It is confirmed...Ali al-Alaq is out as CBI Governor. New CBI Governor is Mustafa Ghaleb...
9-14-2020 Newshound Guru MilitiaMan ...We know the goal is to go to a social market economy. A Market economy is free to trade across borders. A program rate doesn't get into the free markets. But, an international rate does get them into a market economy...Where they can borrow in effect from themselves with leverage from the value of the new exchange rate/currency. Just as the IMF and World Bank have told them. We see a clear theme lately that is pointing to that Iraq is backed into a corner. They have no liquidity to pay salaries and they tell us they have two choices...Austerity or float the currency. ...So from the looks of things the cards will be on the table soon enough to see if any of this is pertinent or not. My bet is what is in print supports they will see the reforms through now...The solutions is to raise the value (financing by inflation) and floating the currency. imo.
9-14-2020 Intel Guru MarkZ [via PDK] Iraqi sources are pretty confident that they will get a new rate this week. All the chatter everywhere is excellent. I am getting a lot of chatter that things start here tomorrow in the US and all over the world for the redemption process...Chatter has been exceptionally good for positioning to start this week. [How confident about exchanging this week?] As long as everything continues to move forward I feel it will be late in the week…
9-14-2020 Newshound Guru Jeff We have some very amazing news that I'm shocked to see...it's good. Article: "The first Sunni comment on Al-Kazemi's incursion into the ranks of the "deep state" Quote: "...Prim Minister Kazemi made major changes in a number of government position most notably the Central Bank Governor of Iraq..." ...the original Central Bank governor was only a proxy. He was temporary. There was some theory that we might need to see a new Central Bank Governor before the rate could change and there you go...has now officially happened...as you see they're cleaning house, making a lot of changes right now. That's good.
9-14-2020 Newshound Guru Kaperoni There is a lot of talk in the media about the government submitting the economic reform law by the end of month to parliament. This is an important law and we need to watch closely to see if there is anything on it regarding currency reform.
9-14-2020 Newshound Guru Jeff ...Iraq can only pay [contracts with the Iraqi dinar]. For example I told you that they signed that contract with GE for 1.2 Billion dollars. Because of Article VIII Iraq can only make payment with their currency - the dinar. They cannot use the US dollar. So in order for them to make payments... their currency has to be internationally recognized. GE is not going to accept payment with a non-internationally recognized currency. So anybody receiving payment from Iraq, the Iraqi dinar must be internationally recognized to receive those payments...
9-13-2020 Newshound Guru MilitiaMan We see that in...articles that are out lately that the reform papers and budgets are being talked about. They talk about not only the 2019, 2020 and 2021. They will not hopscotch around any of them... They are to be in-sync and in order. They feed off each other. The Finance Minister has shown the 2020 Draft to the parliament days ago. The draft has the exchange rate at a program rate, as it has been not voted on it yet, a not normal thing at all. But they tell us that the budget can be changed or delayed. In other words the 2020 budget can be amended. I believe there is support that it will be amended away from a program rate. Because, they are not able to borrow at a program rate or they would have already. They have exhausted all avenues with the IMF, WB, countries, etc...imo...
9-13-2020 Newshound Guru Jeff Why is Iraq in the process of approving a 3-year budget? Why 3? Why no just the '21 budget? It's because of the reforms. They told you the reforms can only be implemented in stages and phases. So they can only implement the reforms over an extended period of time. They're showing you they're starting the reforms in this year of 2020 - in the second half of the year...they're going to span the reforms over almost a 4-year period...from 2020 through '23...
9-13-2020 Newshound/Intel Guru Mnt Goat Article: "The Independent: Iraq has no choice but to take austerity measures or float the currency" Finally!!! We have some news we wanted to hear for almost a year now. Yes, this is HUGE and WOW...news for us.
9-13-2020 Newshound Guru Jeff ...there is no rate inside the budget...because the reforms are in the budget that makes the budget married to the rate change. Because the reforms require the currency to become internationally recognized... that's whey the budget is married to the rate change. That's also why the reforms are inside the budget, that makes everything married to the rate change and dependent on the rate change. They're showing you that they couldn't implement these reforms and push forward with them until the currency is internationally recognized...that's what we're waiting for...
9-13-2020 Newshound Guru Pimpy Article: "Iraqi Politician Calls For Normalization of Ties with Israel" ...more possible peace in the Middle East...now Iraq politicians are indeed wanting to normalize ties with Israel...you're gonna see more of this. More and more. Then of course the media is going to keep trying to find ways to keep you distracted from all the great things that Trump has done...who does not want peace? ...I would love to see peace in the Middle East. I would love to see them flourish. I really would. I want to go there and visit.
9-13-2020 Newshound Guru Jeff Why is Iraq in the process of approving a 3-year budget? Why 3? Why no just the '21 budget? It's because of the reforms. They told you the reforms can only be implemented in stages and phases. So they can only implement the reforms over an extended period of time. They're showing you they're starting the reforms in this year of 2020 - in the second half of the year...they're going to span the reforms over almost a 4-year period...from 2020 through '23...
9-13-2020 Newshound/Intel Guru Mnt Goat Article: "The Independent: Iraq has no choice but to take austerity measures or float the currency" Finally!!! We have some news we wanted to hear for almost a year now. Yes, this is HUGE and WOW...news for us.
9-13-2020 Newshound Guru Jeff ...there is no rate inside the budget...because the reforms are in the budget that makes the budget married to the rate change. Because the reforms require the currency to become internationally recognized... that's whey the budget is married to the rate change. That's also why the reforms are inside the budget, that makes everything married to the rate change and dependent on the rate change. They're showing you that they couldn't implement these reforms and push forward with them until the currency is internationally recognized...that's what we're waiting for...
9-13-2020 Newshound Guru Pimpy Article: "Iraqi Politician Calls For Normalization of Ties with Israel" ...more possible peace in the Middle East...now Iraq politicians are indeed wanting to normalize ties with Israel...you're gonna see more of this. More and more. Then of course the media is going to keep trying to find ways to keep you distracted from all the great things that Trump has done...who does not want peace? ...I would love to see peace in the Middle East. I would love to see them flourish. I really would. I want to go there and visit.
9-12-2020 Intel Guru Bruce [via WiserNow] ...Trump is very much looking forward to this being over...I believe that it puts us...in a situation to look very strongly toward this coming Tuesday for us...So we’re moving along – it’s coming – The SWIFT system worked to catch some bad guys – everything is like it should be - President Trump was I think pretty adamant about getting this thing started...
9-12-2020 Newshound Guru Adam Montana ... Iraq can base their figures and strategy and future on anything they want, even a new IPO "Iraqi Premium Oil", or anything they want. Somebody should ask Kazzammi if he has a copy of one of Bill Gates favorites - "How to Lie With Statistics". This is a fiat game, where everything is based on nothing more than arbitrary values, and Iraq knows this. When they want to move the value up, they will do so based on whatever market/stats/reasoning they want... and if it's preceded by a solid HCL move, they are not going to have a hard time selling it. Not hard, at all. Can. Not. Wait. It is coming.
9-12-2020 Newshound Guru Jeff Comment: "I've been hearing this since 2010, something always comes up to stop it..." This is the 1st time in Iraq's history they've ever been ready to change their rate...You can't delay something that's never been ready to happen...when you look back at this they never had stability. They've had corruption. They've had one of the most corrupt governments in the world...they've never had this level of stability...
9-12-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi, on the region's outlets: I have touched a positive atmosphere in Erbil, and this is in the service of the country" There you go!!! They are integrating the federal and regional governments that includes the border outlets. The amount of customs and tax revenues will be massive over time...It will be a mechanism that will help pay salaries and provide an environment that will decrease the need for borrowing. ...With the system integrated with block chain technology, they'll be able to know where the money is at all times and for what, from who and when...They are removing all obstacles that hinder trade exchange processes. That means they have now or will have the ability to move international capital at the borders to facilitate trade exchange. K and B's meeting has been a success from the looks of it...This article reeks of good times ahead!! imo. Once they get the Rate they can cross borders to the big time. imo.
9-12-2020 Intel Guru MarkZ [via PDK] [I heard Vietnam can’t RV because they are on the money manipulation list and until they are removed no RV for them?] My banker contacts disagree with that…i think that is more of the smoke here at the end.
9-12-2020 Newshound Guru Pimpy Article "Al-Kazemi arrives in Halabja" You're gonna see a lot of articles talking about Erbil and Baghdad trying to get things ironed out...we know what needs to be done. The only thing that's changing right now...is the atmosphere in the amount of cooperation going on between Erbil and Baghdad. We know this has to be ironed out...They can't go forward with the budget until they get this agreement knocked out...this has to happen very soon. We know that there's a deadline on the budget getting to parliamentary for it to be voted on...We also know they have to review the reform papers and decide whether or not they're going to make the changes recommended including the rate change and implement it into the 2021 budget...it looks like Al-Kazemi has rolled up his sleeves. He is over there with Bersani as well as Telebani and they're getting these things knocked out...
9-12-2020 Newshound Guru Kaperoni You might want to read up on how countries transition from peg to float...They do not RV first they simply change from peg to float. So when they decide, they will simply change and the rate starts at what it is at the time...which is 1190. ...Not once has has the CBI not done what the IMF said in 15 years I have been reviewing docs. Your a fool to think they would do otherwise. They have a charter to follow to remain members in the UN, IMF and WB. They cannot RV the dinar...ever with over 42 trillion sitting in mattresses...
9-12-2020 Intel Guru Bruce [via WiserNow] ...we were able to get a surge of information...So – here’s where we are...in terms of our timing – first of all – we did have a slight hold up... Just when we thought we were completely off of the SWIFT System - We are NOT off the Swift yet – it is still in use – or able to be used - for the remainder of this month...Why would they allow that system to run parallel to the QFS? Why would they let that happen? To catch the bad guys – that is exactly what they did today – This is why we were held up...this was global not just here – that is a very positive result that has occurred as a result of that...
9-12-2020 Newshound Guru Adam Montana ... Iraq can base their figures and strategy and future on anything they want, even a new IPO "Iraqi Premium Oil", or anything they want. Somebody should ask Kazzammi if he has a copy of one of Bill Gates favorites - "How to Lie With Statistics". This is a fiat game, where everything is based on nothing more than arbitrary values, and Iraq knows this. When they want to move the value up, they will do so based on whatever market/stats/reasoning they want... and if it's preceded by a solid HCL move, they are not going to have a hard time selling it. Not hard, at all. Can. Not. Wait. It is coming.
9-12-2020 Newshound Guru Jeff Comment: "I've been hearing this since 2010, something always comes up to stop it..." This is the 1st time in Iraq's history they've ever been ready to change their rate...You can't delay something that's never been ready to happen...when you look back at this they never had stability. They've had corruption. They've had one of the most corrupt governments in the world...they've never had this level of stability...
9-12-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi, on the region's outlets: I have touched a positive atmosphere in Erbil, and this is in the service of the country" There you go!!! They are integrating the federal and regional governments that includes the border outlets. The amount of customs and tax revenues will be massive over time...It will be a mechanism that will help pay salaries and provide an environment that will decrease the need for borrowing. ...With the system integrated with block chain technology, they'll be able to know where the money is at all times and for what, from who and when...They are removing all obstacles that hinder trade exchange processes. That means they have now or will have the ability to move international capital at the borders to facilitate trade exchange. K and B's meeting has been a success from the looks of it...This article reeks of good times ahead!! imo. Once they get the Rate they can cross borders to the big time. imo.
9-12-2020 Intel Guru MarkZ [via PDK] [I heard Vietnam can’t RV because they are on the money manipulation list and until they are removed no RV for them?] My banker contacts disagree with that…i think that is more of the smoke here at the end.
9-12-2020 Newshound Guru Pimpy Article "Al-Kazemi arrives in Halabja" You're gonna see a lot of articles talking about Erbil and Baghdad trying to get things ironed out...we know what needs to be done. The only thing that's changing right now...is the atmosphere in the amount of cooperation going on between Erbil and Baghdad. We know this has to be ironed out...They can't go forward with the budget until they get this agreement knocked out...this has to happen very soon. We know that there's a deadline on the budget getting to parliamentary for it to be voted on...We also know they have to review the reform papers and decide whether or not they're going to make the changes recommended including the rate change and implement it into the 2021 budget...it looks like Al-Kazemi has rolled up his sleeves. He is over there with Bersani as well as Telebani and they're getting these things knocked out...
9-12-2020 Newshound Guru Kaperoni You might want to read up on how countries transition from peg to float...They do not RV first they simply change from peg to float. So when they decide, they will simply change and the rate starts at what it is at the time...which is 1190. ...Not once has has the CBI not done what the IMF said in 15 years I have been reviewing docs. Your a fool to think they would do otherwise. They have a charter to follow to remain members in the UN, IMF and WB. They cannot RV the dinar...ever with over 42 trillion sitting in mattresses...
9-12-2020 Intel Guru Bruce [via WiserNow] ...we were able to get a surge of information...So – here’s where we are...in terms of our timing – first of all – we did have a slight hold up... Just when we thought we were completely off of the SWIFT System - We are NOT off the Swift yet – it is still in use – or able to be used - for the remainder of this month...Why would they allow that system to run parallel to the QFS? Why would they let that happen? To catch the bad guys – that is exactly what they did today – This is why we were held up...this was global not just here – that is a very positive result that has occurred as a result of that...
9-11-2020 Newshound Guru Pimpy ...there is a lot of buzz going on...but again when it comes to what's going on in Iraq you just never know...as I feared the news of the reform papers discussing a possible rate change has gotten many people out there talking about different rates. This is what I'm hoping you guys don't get caught up in...No body knows [the rate]...There are arguments for so many rates it's not even funny. I get bombarded with a lot of people asking me questions about the rates...It is exciting but don't get caught up in all the hype...the fact that you made an investment into a currency and a rate change happens and you benefit from it should make you happy. Don't get me wrong, all of us out there want to get that big payday. Who doesn't. But the point being people have...been down this path a bazillion times...Let this play out. There's a lot of reason to believe that finally finally this year something is going to happen...
9-11-2020 Newshound/Intel Guru Mnt Goat ...Security and stability are at the forefront of investment factors, as capital is looking for a secure and stable environment, a sophisticated banking system and a law that encourages investment away from blackmail, bureaucracy, red tape and corruption. Can Iraq do it? Many ask where is the RV. This is where the RV is going to come from. Read today’s news and ask yourself if Iraq is not moving aggressively in the right direction. The key is the word NOW versus as just talk as we have heard for almost a decade. Yes, they are NOW moving in the right direction as corruption is at a downturn and Iran is being moved out of the country with a roundup of the militias. Folks, the news could not get any better. It gets better and better each week.
9-11-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance expects a delay in disbursing salaries and warns against "implicating Iraq" with borrowings" Clearly they didn't get that 15 trillion Dinar loan they told us about. They are telling us there will be delays for a few days. Can't imagine why right? lol Kahdimi is in Kurd town through tomorrow. He is talking about major issues and from the sounds of it the most important have been hammered out and the minor issues are out to committees for follow up. Take note of the most important ones and then think about the next 2020 Budget at stake. They cannot borrow at a program rate.. But, they can go to the secondary market once they go to the IMF,s Article 8 compliance to 100%. imo...Article supports that there is to be a special meeting on the 2020 Budget early or at the start of next week. Well that is Sunday...They say in the above they may have delays for a few days...fits with the approval expected at the extraordinary meeting to come shortly... I think things are very hopeful. Lets see what happens...Imo...All good.
9-11-2020 Newshound Guru Adam Montana [It's easier to counterfeit US currency which means that Iraq put in a lot of effort to protect a currency that isn't worth much at the moment...but hopefully will be soon!...] They put a lot of effort, time, and money into protecting a currency that isn't worth much... why would they do that? Answer: Because the current value is not permanent.
9-11-2020 Intel Guru MarkZ [via PDK] ...Some are expecting things to happen today…some are expecting payouts by Tuesday at the latest. I am hearing from government sources – our government, other governments including one is Iraq that are squarely looking at the 15th. Some good chatter finally after a week of quiet.
9-11-2020 Newshound Guru Pimpy Article "Parliamentary Finance: The government's economic reform paper will be presented at the end of this September" ...those reform papers will be there by the end of this month. What does that mean? That means we really just gotta relax, take a deep breath and realize that we're already on the 10th day of this month. What are we about 3 weeks away from the end of the month? We will know a whole lot more by the end of the month...we are anticipating some very very interesting news by the end of this month.
9-11-2020 Newshound Guru Jeff Article "Parliamentary Finance: Budget 2020 will bring a boom in the Iraqi economy" This article pretty much is confirming that everything is rigged and has been set, planned and staged for quite some time...look at the date on this article - it's from June 29th 2019 last year... Quote: "The finance committee of the parliamentary, Saturday, their agreement with the Ministers of Finance to receive the draft budget next year in September, indicating that the budget 2020 will make a quantum leap in the Iraqi economy." Since June of last year they've had preparations to delay the budget until September of 2020...it doesn't get any better than that. Huge news...
9-11-2020 Newshound/Intel Guru Mnt Goat Let’s joggle our memories for a second. Remember too that under Dr. Shiini Shabibi, then governor of the Central Bank of Iraq, was more than willing to go complete the project to delete the zeros in late 2012 and then reinstate the dinar to FOREX in January of 2013. How could he then without a robust economy and demand for the dinar. I trust this expert and so maybe Iraq does not need so much this “robust economy” all...elude to. Remember that Iraq was much worst off then they are even today in 2020 then they were in 2012. This all tells us that it is not so much the economy that is needed but the end to the corruption and Iranian influence. This is called stability and security. [post 2 of 2]
9-11-2020 Newshound/Intel Guru Mnt Goat Many...gurus tell you that Iraq must first build a robust economy and create a demand for the dinar. But how does this happen if they keep Iraq in a sanction like isolation and status. It is time to break Iraq out of these sanctions and go global. We know it and they know it. So, what comes first the economy or the currency? Is the currency reform an important part to kick start the economy? Yes, it is. [post 1 of 2....stay tuned]
9-11-2020 Newshound/Intel Guru Mnt Goat ...Security and stability are at the forefront of investment factors, as capital is looking for a secure and stable environment, a sophisticated banking system and a law that encourages investment away from blackmail, bureaucracy, red tape and corruption. Can Iraq do it? Many ask where is the RV. This is where the RV is going to come from. Read today’s news and ask yourself if Iraq is not moving aggressively in the right direction. The key is the word NOW versus as just talk as we have heard for almost a decade. Yes, they are NOW moving in the right direction as corruption is at a downturn and Iran is being moved out of the country with a roundup of the militias. Folks, the news could not get any better. It gets better and better each week.
9-11-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance expects a delay in disbursing salaries and warns against "implicating Iraq" with borrowings" Clearly they didn't get that 15 trillion Dinar loan they told us about. They are telling us there will be delays for a few days. Can't imagine why right? lol Kahdimi is in Kurd town through tomorrow. He is talking about major issues and from the sounds of it the most important have been hammered out and the minor issues are out to committees for follow up. Take note of the most important ones and then think about the next 2020 Budget at stake. They cannot borrow at a program rate.. But, they can go to the secondary market once they go to the IMF,s Article 8 compliance to 100%. imo...Article supports that there is to be a special meeting on the 2020 Budget early or at the start of next week. Well that is Sunday...They say in the above they may have delays for a few days...fits with the approval expected at the extraordinary meeting to come shortly... I think things are very hopeful. Lets see what happens...Imo...All good.
9-11-2020 Newshound Guru Adam Montana [It's easier to counterfeit US currency which means that Iraq put in a lot of effort to protect a currency that isn't worth much at the moment...but hopefully will be soon!...] They put a lot of effort, time, and money into protecting a currency that isn't worth much... why would they do that? Answer: Because the current value is not permanent.
9-11-2020 Intel Guru MarkZ [via PDK] ...Some are expecting things to happen today…some are expecting payouts by Tuesday at the latest. I am hearing from government sources – our government, other governments including one is Iraq that are squarely looking at the 15th. Some good chatter finally after a week of quiet.
9-11-2020 Newshound Guru Pimpy Article "Parliamentary Finance: The government's economic reform paper will be presented at the end of this September" ...those reform papers will be there by the end of this month. What does that mean? That means we really just gotta relax, take a deep breath and realize that we're already on the 10th day of this month. What are we about 3 weeks away from the end of the month? We will know a whole lot more by the end of the month...we are anticipating some very very interesting news by the end of this month.
9-11-2020 Newshound Guru Jeff Article "Parliamentary Finance: Budget 2020 will bring a boom in the Iraqi economy" This article pretty much is confirming that everything is rigged and has been set, planned and staged for quite some time...look at the date on this article - it's from June 29th 2019 last year... Quote: "The finance committee of the parliamentary, Saturday, their agreement with the Ministers of Finance to receive the draft budget next year in September, indicating that the budget 2020 will make a quantum leap in the Iraqi economy." Since June of last year they've had preparations to delay the budget until September of 2020...it doesn't get any better than that. Huge news...
9-11-2020 Newshound/Intel Guru Mnt Goat Let’s joggle our memories for a second. Remember too that under Dr. Shiini Shabibi, then governor of the Central Bank of Iraq, was more than willing to go complete the project to delete the zeros in late 2012 and then reinstate the dinar to FOREX in January of 2013. How could he then without a robust economy and demand for the dinar. I trust this expert and so maybe Iraq does not need so much this “robust economy” all...elude to. Remember that Iraq was much worst off then they are even today in 2020 then they were in 2012. This all tells us that it is not so much the economy that is needed but the end to the corruption and Iranian influence. This is called stability and security. [post 2 of 2]
9-11-2020 Newshound/Intel Guru Mnt Goat Many...gurus tell you that Iraq must first build a robust economy and create a demand for the dinar. But how does this happen if they keep Iraq in a sanction like isolation and status. It is time to break Iraq out of these sanctions and go global. We know it and they know it. So, what comes first the economy or the currency? Is the currency reform an important part to kick start the economy? Yes, it is. [post 1 of 2....stay tuned]
9-10-2020 Intel Guru RayRen98 Iraqi TV is stating that the economic and financial reform papers will be presented to Parliament at the end of September. PM Al-Kadhimi's visit to Kurdistan was a key factor in relations between Kurdistan and Baghdad.
9-10-2020 Newshound/Intel Guru RVAlready I think Kazemi intends to bypass parliament on the RV, as they are mostly corrupt. He will send them a copy of the white paper to read, but that is all the power they will get. They will be voted out of office next year, and many arrested for corruption. IMO.
9-10-2020 Newshound Guru Pimpy ...nobody knows what the rate's gonna be. Nobody. I've had people approaching me about some of the most ridiculous things I've ever heard - $4.00, $5.00, $10.00 for the rate exchange...there are reason to speculate about a particular rate. I've used past articles. I've used past CBI meeting readings. I've used past discussions between the government about the rates that they have discussed to try to get an idea but nobody knows the rate. So you guys just slow down a little bit. I understand it's exciting. It is very exciting. We have not seen any kind of real discussion on anything to do with the dinar in quite some time but...they came out and said 'look one of the things that have to be taken into consideration is we have to do something about this rate so we could be competitive on an international scale' - for the record Pimpy said that months ago... [Post 2 of 2]
9-10-2020 Newshound Guru Pimpy ...I know yesterday's news was pretty exciting but...we need to just take a deep breath and slow down...Both budgets [2020 and 2021] are going to be submitted at the same time. Very very interesting...we saw the news article yesterday it was implied that a rate change must be considered in this paperwork...that doesn't mean anything other than it's being considered. Okay slow down a little bit. Like I said when we're investing don't get overly excited when it's good news and don't get overly down when it looks like negative news. There's reasons to be excited, plenty of reasons but I don't want people to get overly confident...that's important for us to say grounded. It's a low risk high reward situation but there's no guarantees on any investment... [Post 1 of 2....stay tuned]
9-10-2020 Newshound Guru Adam Montana Article: "The regional government delegation arrives in Baghdad to discuss the budget" ...a short summary: Budget, and HCL. There is a LOT of information in that...that is related to HCL. I mean...it's almost ALL HCL. Smothered in Budget sauce. And that is an amazing thing. ...wait in frustration, or patiently knowing what's coming... Iraq can do a lot to change how we remember this Year...GOOOOOO RRRRRRVVVVV!!!
9-10-2020 Newshound Guru Jeff Article: "Parliamentary Finance: The government's economic reform paper will be presented at the end of this September" ...If, I'm not saying they are...this is my opinion...if their plan is to change the rate in the month of September they cannot do it at the very end of September...they would have to do it more around September 20th and leave some wiggle room at the end of September...because they need to leave about 10 days around the end of September to work on the budget and...work on the reforms...
9-10-2020 Newshound Guru MilitiaMan They...tell us they have a session for (Thursday the 10th). Same day that PM Kadhimi is to be in the Kurds back yard for a meeting on important issues, oil and gas, customs and borders, etc.. Same day... that Al- Hakim is having think tanks gearing to talk about rebuilding the new social contract and rebuilding the state. Lets still keep in mind Kadimi, has a special session for the start of next week to approve the 2020 budget. Which is looking to be the next one on the table. imo. (Thursdays) session maybe be a very powerful one that could change the playing field. We shall see if it is a "September to Remember" but, it sure looks like a synchronization is in play now not in 2021, as they say "next" and that is now real close...imo. [post 2 of 2]
9-10-2020 Newshound Guru MilitiaMan Article: "The House of Representatives has finished reading two laws and addresses an oral question to the Finance and Planning Ministers" Quotes: "...to begin its implementation, in addition to the necessity to devise a real reform plan to address the delay in implementing projects..."; "...as well as knowing the value of the exchange rate specified in the next budget..." The picture they are painting (imo) is they are implementing the real reform plan. They are even going so far as to tell us that they will need the value of the exchange rate for the next budget. They have not resolved the next budget yet, that I am aware of? The next budget on the table is the 2020 budget leading into the 2021, imo. [post 1 of 2....stay tuned]
9-10-2020 Intel Guru MarkZ [via PDK] We have a lot of bankers…everybody sitting and ready. But no money movement yet...because of their position the bankers are all forced to be ready. They have no choice even though it seems like “The boy who cried wolf” but to be ready for when the release happens. Unfortunately its been an entire week of “Groundhog day”...We are all just waiting for the “go”... Waiting for the shoe to drop… The news out of Iraq is still very encouraging as they are on the brink of passing that final budget with an amount in it. There is a whole lot happening as we watch it all roll out.
9-10-2020 Newshound Guru Jeff ...I think a lot of the news is scripted and rigged. In other words they're much farther along than they're telling you the truth on. Notice how Kurdistan and Baghdad are now magically ready to reach a comprehensive agreement at the exact same time and almost the exact same week that they're ready to start the approval process of the budget. That's a little too coincidental...things are coming together too nicely at this point in time.
9-10-2020 Newshound Guru Adam Montana Time goes by, and we can be impatient with it...or we can know what is coming. Last week, I ended the Weekly update with a mention of how everything was going great, and there was no bad news. That continues this week... with the exception of OIL. The projected budget is based on $40 OIL, and WTI is currently sitting at $37.98 - but heading north again. Problem? I don't think so. This is the first dip we've seen in months, and it's not likely to last. In fact, the price trend should continue upwards. Not fast or drastic enough to hurt us terribly at the pump, but enough to inspire confidence and not scare anyone away from increasing the value of the dinar...
9-10-2020 Newshound Guru Pimpy Article: "The Minister of Finance stresses the necessity of reviewing the exchange of the dinar and reveals the size of the external debt" ...we don't know what the rate change is going to be we just know that the rate change is going to be part of the reform papers and it's going to be part of the 2021 budget...it looks like we're finally here. They're actually saying it. This is the first time we heard anything about exchange rates in quite some time....it looks like we have some kind of a window. It seems between now and the end of this year we will see something happen...
9-10-2020 Newshound/Intel Guru RVAlready I think Kazemi intends to bypass parliament on the RV, as they are mostly corrupt. He will send them a copy of the white paper to read, but that is all the power they will get. They will be voted out of office next year, and many arrested for corruption. IMO.
9-10-2020 Newshound Guru Pimpy ...nobody knows what the rate's gonna be. Nobody. I've had people approaching me about some of the most ridiculous things I've ever heard - $4.00, $5.00, $10.00 for the rate exchange...there are reason to speculate about a particular rate. I've used past articles. I've used past CBI meeting readings. I've used past discussions between the government about the rates that they have discussed to try to get an idea but nobody knows the rate. So you guys just slow down a little bit. I understand it's exciting. It is very exciting. We have not seen any kind of real discussion on anything to do with the dinar in quite some time but...they came out and said 'look one of the things that have to be taken into consideration is we have to do something about this rate so we could be competitive on an international scale' - for the record Pimpy said that months ago... [Post 2 of 2]
9-10-2020 Newshound Guru Pimpy ...I know yesterday's news was pretty exciting but...we need to just take a deep breath and slow down...Both budgets [2020 and 2021] are going to be submitted at the same time. Very very interesting...we saw the news article yesterday it was implied that a rate change must be considered in this paperwork...that doesn't mean anything other than it's being considered. Okay slow down a little bit. Like I said when we're investing don't get overly excited when it's good news and don't get overly down when it looks like negative news. There's reasons to be excited, plenty of reasons but I don't want people to get overly confident...that's important for us to say grounded. It's a low risk high reward situation but there's no guarantees on any investment... [Post 1 of 2....stay tuned]
9-10-2020 Newshound Guru Adam Montana Article: "The regional government delegation arrives in Baghdad to discuss the budget" ...a short summary: Budget, and HCL. There is a LOT of information in that...that is related to HCL. I mean...it's almost ALL HCL. Smothered in Budget sauce. And that is an amazing thing. ...wait in frustration, or patiently knowing what's coming... Iraq can do a lot to change how we remember this Year...GOOOOOO RRRRRRVVVVV!!!
9-10-2020 Newshound Guru Jeff Article: "Parliamentary Finance: The government's economic reform paper will be presented at the end of this September" ...If, I'm not saying they are...this is my opinion...if their plan is to change the rate in the month of September they cannot do it at the very end of September...they would have to do it more around September 20th and leave some wiggle room at the end of September...because they need to leave about 10 days around the end of September to work on the budget and...work on the reforms...
9-10-2020 Newshound Guru MilitiaMan They...tell us they have a session for (Thursday the 10th). Same day that PM Kadhimi is to be in the Kurds back yard for a meeting on important issues, oil and gas, customs and borders, etc.. Same day... that Al- Hakim is having think tanks gearing to talk about rebuilding the new social contract and rebuilding the state. Lets still keep in mind Kadimi, has a special session for the start of next week to approve the 2020 budget. Which is looking to be the next one on the table. imo. (Thursdays) session maybe be a very powerful one that could change the playing field. We shall see if it is a "September to Remember" but, it sure looks like a synchronization is in play now not in 2021, as they say "next" and that is now real close...imo. [post 2 of 2]
9-10-2020 Newshound Guru MilitiaMan Article: "The House of Representatives has finished reading two laws and addresses an oral question to the Finance and Planning Ministers" Quotes: "...to begin its implementation, in addition to the necessity to devise a real reform plan to address the delay in implementing projects..."; "...as well as knowing the value of the exchange rate specified in the next budget..." The picture they are painting (imo) is they are implementing the real reform plan. They are even going so far as to tell us that they will need the value of the exchange rate for the next budget. They have not resolved the next budget yet, that I am aware of? The next budget on the table is the 2020 budget leading into the 2021, imo. [post 1 of 2....stay tuned]
9-10-2020 Intel Guru MarkZ [via PDK] We have a lot of bankers…everybody sitting and ready. But no money movement yet...because of their position the bankers are all forced to be ready. They have no choice even though it seems like “The boy who cried wolf” but to be ready for when the release happens. Unfortunately its been an entire week of “Groundhog day”...We are all just waiting for the “go”... Waiting for the shoe to drop… The news out of Iraq is still very encouraging as they are on the brink of passing that final budget with an amount in it. There is a whole lot happening as we watch it all roll out.
9-10-2020 Newshound Guru Jeff ...I think a lot of the news is scripted and rigged. In other words they're much farther along than they're telling you the truth on. Notice how Kurdistan and Baghdad are now magically ready to reach a comprehensive agreement at the exact same time and almost the exact same week that they're ready to start the approval process of the budget. That's a little too coincidental...things are coming together too nicely at this point in time.
9-10-2020 Newshound Guru Adam Montana Time goes by, and we can be impatient with it...or we can know what is coming. Last week, I ended the Weekly update with a mention of how everything was going great, and there was no bad news. That continues this week... with the exception of OIL. The projected budget is based on $40 OIL, and WTI is currently sitting at $37.98 - but heading north again. Problem? I don't think so. This is the first dip we've seen in months, and it's not likely to last. In fact, the price trend should continue upwards. Not fast or drastic enough to hurt us terribly at the pump, but enough to inspire confidence and not scare anyone away from increasing the value of the dinar...
9-10-2020 Newshound Guru Pimpy Article: "The Minister of Finance stresses the necessity of reviewing the exchange of the dinar and reveals the size of the external debt" ...we don't know what the rate change is going to be we just know that the rate change is going to be part of the reform papers and it's going to be part of the 2021 budget...it looks like we're finally here. They're actually saying it. This is the first time we heard anything about exchange rates in quite some time....it looks like we have some kind of a window. It seems between now and the end of this year we will see something happen...
9-9-2020 Intel Guru Footforward Article: "Iraqi mp: 148 trillion dinars the size of the 2020 budget. And $40 a barrel of oil." basically talking about their budget and if they have to borrow more money they may go bankrupt. Meaning they need to add value to their currency.
9-9-2020 Intel Guru MarkZ [via PDK] Personally I am waiting on news out of Iraq directly. They were supposed to vote yesterday - now it looks like today they vote on actual budget figures. [What bearing does iraqs vote have on us and the RV? Will it hold things up?] No…I am looking at Iraq as a symptom. They will not vote to move forward until the RV/GCR is released. IMO They are just one of the earliest places to see something happening. I believe when the RV/GCR goes…they will be allowed to vote on their budget. No more holding them back.
9-9-2020 Intel Guru Bruce [via WiserNow] This is one of those times when it is not dead quiet but pretty quiet...when certain bankers are just told...to stay quiet...so it’s a little tougher to find and get the information that you and I are interested in – especially on timing...However - we did find some things out...high amounts of funds were being allocated to a number of accounts – that was on Saturday...The redemption center staff...have plans to go in tomorrow [Wednesday] with the full contingent of staff...we understand from one very high up wealth management advisory source that...we were looking very strong for tomorrow [Wednesday] ...it is not absolute...if it’s not just be prepared for the possibility of it still going this week...I know that we are on a day by day basis...I am going to suggest that we are very, very close...we know we have new rates on the screens - we know that we’ve got an opportunity to exchange at very high rates...
9-9-2020 Newshound Guru Pimpy I know a lot of you been told that the 2020 budget has the new rate change. It's the 2021 budget that looks like it's going to have the new rate change. See the 2020 budget must be hammered out now... Article: "Under the dome of parliament the Minister of Finance discloses the reason for the delay in the reform paper" ...reform papers are going to be submitted at the end of September and in the reform papers there's going to be the new rate change. So see the 2020 budget will not have a rate change. The 2021 budget will...man there is a lot of things happening between now and the end of this year...It looks like Iraq is finally going to pull the trigger on this rate change. How much it is we don't know...
9-9-2020 Newshound Guru Jeff I've been in this since 2009...name a year when they've ever delayed a budget by half a year. Iraq had no reason to delay this budget. The Council of Ministers had the budget approved in early December of last year ready to pass to parliament but they didn't. Now ask yourself Why? The reason why they had to delay the budget was very simple - because the budget had reforms in it. Those are post rate change items. They had to delay the budget because it's married to the rate change...they've never approved a budget in the middle of a year before. This is the first time. I've never had a budget go past the month of March...Iraq is showing their hand...it's just amazing...
9-9-2020 Newshound/Intel Guru RVAlready "Iraq's Finance Minister is on TV declaring the review of the value of the dinar is critical and should be done expeditiously." Finally, the PM publicly calls for the RV quickly!!! Remember, the RV stops the auctions and stops a lot of the funds theft. Otherwise, it would have been done long ago.
9-9-2020 Intel Guru MarkZ [via PDK] A lot of people standing by with great anticipation...Most of my sources still say this is our week for things to roll and for money to actually move into people’s pockets. We are still in a great spot…in a great window watching things happen. Try to stay calm and grounded as we go through this here at the end...
9-9-2020 Newshound/Intel Guru Mnt Goat Today’s news is all about going international in general terms for trade. They did not talk about the currency so much. However, Iraq needs to begin trading with the international community and not just close neighbors. To do this they will need to be part of the WTO (world trade organization). The WTO has used terms like “fast tracking” Iraq to the WTO. Their next major meeting with Iraq in in early November. Do they need a tradable currency on FOREX to join the WTO? The answer is YES. How else will countries convert their currency rates to Iraqi dinar rates? ...all the articles are telling us today that Iraq is moving quickly in the right direction...
9-9-2020 Newshound Guru Pimpy ...there are some key things happening that we need to fall into place. We're keeping an eye on this...there's a lot of stalling going on in the government when it comes to the budgets of financing which is very interesting...
9-9-2020 Newshound Guru Adam Montana Article quote: "The visit of the regional government delegation headed by Talabani to Baghdad has been postponed until Monday or Tuesday of this week." [If Erbil doesn't reach a deal with this Iraqi government they never will.] This is the best GOI we have ever witnessed - one of the reasons I believe that agreement, and the results, are coming. Soon. I don't use that word lightly!
9-9-2020 Intel Guru MarkZ [via PDK] Personally I am waiting on news out of Iraq directly. They were supposed to vote yesterday - now it looks like today they vote on actual budget figures. [What bearing does iraqs vote have on us and the RV? Will it hold things up?] No…I am looking at Iraq as a symptom. They will not vote to move forward until the RV/GCR is released. IMO They are just one of the earliest places to see something happening. I believe when the RV/GCR goes…they will be allowed to vote on their budget. No more holding them back.
9-9-2020 Intel Guru Bruce [via WiserNow] This is one of those times when it is not dead quiet but pretty quiet...when certain bankers are just told...to stay quiet...so it’s a little tougher to find and get the information that you and I are interested in – especially on timing...However - we did find some things out...high amounts of funds were being allocated to a number of accounts – that was on Saturday...The redemption center staff...have plans to go in tomorrow [Wednesday] with the full contingent of staff...we understand from one very high up wealth management advisory source that...we were looking very strong for tomorrow [Wednesday] ...it is not absolute...if it’s not just be prepared for the possibility of it still going this week...I know that we are on a day by day basis...I am going to suggest that we are very, very close...we know we have new rates on the screens - we know that we’ve got an opportunity to exchange at very high rates...
9-9-2020 Newshound Guru Pimpy I know a lot of you been told that the 2020 budget has the new rate change. It's the 2021 budget that looks like it's going to have the new rate change. See the 2020 budget must be hammered out now... Article: "Under the dome of parliament the Minister of Finance discloses the reason for the delay in the reform paper" ...reform papers are going to be submitted at the end of September and in the reform papers there's going to be the new rate change. So see the 2020 budget will not have a rate change. The 2021 budget will...man there is a lot of things happening between now and the end of this year...It looks like Iraq is finally going to pull the trigger on this rate change. How much it is we don't know...
9-9-2020 Newshound Guru Jeff I've been in this since 2009...name a year when they've ever delayed a budget by half a year. Iraq had no reason to delay this budget. The Council of Ministers had the budget approved in early December of last year ready to pass to parliament but they didn't. Now ask yourself Why? The reason why they had to delay the budget was very simple - because the budget had reforms in it. Those are post rate change items. They had to delay the budget because it's married to the rate change...they've never approved a budget in the middle of a year before. This is the first time. I've never had a budget go past the month of March...Iraq is showing their hand...it's just amazing...
9-9-2020 Newshound/Intel Guru RVAlready "Iraq's Finance Minister is on TV declaring the review of the value of the dinar is critical and should be done expeditiously." Finally, the PM publicly calls for the RV quickly!!! Remember, the RV stops the auctions and stops a lot of the funds theft. Otherwise, it would have been done long ago.
9-9-2020 Intel Guru MarkZ [via PDK] A lot of people standing by with great anticipation...Most of my sources still say this is our week for things to roll and for money to actually move into people’s pockets. We are still in a great spot…in a great window watching things happen. Try to stay calm and grounded as we go through this here at the end...
9-9-2020 Newshound/Intel Guru Mnt Goat Today’s news is all about going international in general terms for trade. They did not talk about the currency so much. However, Iraq needs to begin trading with the international community and not just close neighbors. To do this they will need to be part of the WTO (world trade organization). The WTO has used terms like “fast tracking” Iraq to the WTO. Their next major meeting with Iraq in in early November. Do they need a tradable currency on FOREX to join the WTO? The answer is YES. How else will countries convert their currency rates to Iraqi dinar rates? ...all the articles are telling us today that Iraq is moving quickly in the right direction...
9-9-2020 Newshound Guru Pimpy ...there are some key things happening that we need to fall into place. We're keeping an eye on this...there's a lot of stalling going on in the government when it comes to the budgets of financing which is very interesting...
9-9-2020 Newshound Guru Adam Montana Article quote: "The visit of the regional government delegation headed by Talabani to Baghdad has been postponed until Monday or Tuesday of this week." [If Erbil doesn't reach a deal with this Iraqi government they never will.] This is the best GOI we have ever witnessed - one of the reasons I believe that agreement, and the results, are coming. Soon. I don't use that word lightly!
9-8-2020 Intel Guru MarkZ [via PDK] I am desperately trying to get in touch with contacts in Iraq today to find out if they are going to pass the budget or have already passed the budget…If they do I just may be able to post that golden egg!!!
9-8-2020 Newshound Guru Jeff Article: "The Minister of Finance stresses the necessity of reviewing the exchange rate of the dinar and reveals the size of the external debt" ...this one has rate change written all over it...they're ready to change the rate that's why they're ready to show you a budget. It all boils down to reforms...they are looking to start the budget next week and submit the reforms to parliament for approval around the end of the month. It has everything to do with the rate change...when you see a budget you'll see the rate change. They go together.
9-8-2020 Newshound Guru Pimpy ...I know you guys are asking me, 'Hey isn't it true that the rate change is in the 2020 budget?' ...Who told you that? Seriously there's no indication of that whatsoever. It'd be nice if that were true - all of a sudden they passed the budget, BOOM there's a rate change. Who of us don't want that to happen? I'm just saying there's nothing out there written anywhere that this is true...What are we looking for? Tangible proof. Something that tells us that that is true.
9-8-2020 Intel Guru Delta Article: "The House of Representatives has finished reading two laws and addresses an oral question to the Finance and Planning Ministers" Quote: "...the importance of reviewing the exchange rate so that the Iraqi economy enters the circle of competition with the interest of the International Monetary Fund in the issue of the exchange rate..." NOW WE ARE TALKING...FINALLY...AWESOME NEWS...
9-8-2020 Intel Guru RayRen98 PM Al-Kadhimi announced a special session of Parliament next week (this week) to pass the 2020 budget. The Kurds returned to Baghdad to meet with the Finance Minister to finalize deals. This move is essential and anticipated for this week.
9-8-2020 Intel Guru MarkZ [via PDK] [I had a great friend who sent me news that Iraq passed their budget on Saturday…in iraqs paper.] if that is true we may be in the 10 days of silence while it is rolling out. The last update I had was that they were expected to vote on Tuesday or Wed. of this week.
9-8-2020 Intel Guru Footforward [Some are saying the budget is important for the RV and others are saying it has no significance.] the budget has no affect on the timing of the rv at all. For years now they have had two budgets ready to go. One with a new rate and one without. This year they have done the same thing. When the RV happens they will simply go to their shadow budget.
9-8-2020 Intel Guru MarkZ [via PDK] Very disappointing news so far this morning… In Asia and Europe they are still sitting on their hands…waiting for a release that has not happened yet. I am told that all eyes are on Reno right now for updates right now. It may be late afternoon before I get those updates. The one contact I did speak with there said that all is still on track and all still looks great. He said to watch this week...it’s going to be a very important week. I assume they are talking about the budget in Iraq…and waiting to see when they pass it...then they can say…yaaay its great we can now revalue. I believe it will be an interesting day or two as we watch the news unfold. They are convinced that it is indeed happening…and it has already started.
9-8-2020 Newshound Guru Kaperoni ...guru Mtn Goat says Iraq is trying to fast-track into the WTO. That might be but they've got nothing to export. Until that changes I doubt we'll see a accession into the WTO. There was an article about a year ago direct from the WTO talking about Iraq and they pretty much said until Iraq has a private sector it makes little or no sense to join. They need to reduce the dependency on oil first...
9-8-2020 Newshound Guru Jeff Article: "The Minister of Finance stresses the necessity of reviewing the exchange rate of the dinar and reveals the size of the external debt" ...this one has rate change written all over it...they're ready to change the rate that's why they're ready to show you a budget. It all boils down to reforms...they are looking to start the budget next week and submit the reforms to parliament for approval around the end of the month. It has everything to do with the rate change...when you see a budget you'll see the rate change. They go together.
9-8-2020 Newshound Guru Pimpy ...I know you guys are asking me, 'Hey isn't it true that the rate change is in the 2020 budget?' ...Who told you that? Seriously there's no indication of that whatsoever. It'd be nice if that were true - all of a sudden they passed the budget, BOOM there's a rate change. Who of us don't want that to happen? I'm just saying there's nothing out there written anywhere that this is true...What are we looking for? Tangible proof. Something that tells us that that is true.
9-8-2020 Intel Guru Delta Article: "The House of Representatives has finished reading two laws and addresses an oral question to the Finance and Planning Ministers" Quote: "...the importance of reviewing the exchange rate so that the Iraqi economy enters the circle of competition with the interest of the International Monetary Fund in the issue of the exchange rate..." NOW WE ARE TALKING...FINALLY...AWESOME NEWS...
9-8-2020 Intel Guru RayRen98 PM Al-Kadhimi announced a special session of Parliament next week (this week) to pass the 2020 budget. The Kurds returned to Baghdad to meet with the Finance Minister to finalize deals. This move is essential and anticipated for this week.
9-8-2020 Intel Guru MarkZ [via PDK] [I had a great friend who sent me news that Iraq passed their budget on Saturday…in iraqs paper.] if that is true we may be in the 10 days of silence while it is rolling out. The last update I had was that they were expected to vote on Tuesday or Wed. of this week.
9-8-2020 Intel Guru Footforward [Some are saying the budget is important for the RV and others are saying it has no significance.] the budget has no affect on the timing of the rv at all. For years now they have had two budgets ready to go. One with a new rate and one without. This year they have done the same thing. When the RV happens they will simply go to their shadow budget.
9-8-2020 Intel Guru MarkZ [via PDK] Very disappointing news so far this morning… In Asia and Europe they are still sitting on their hands…waiting for a release that has not happened yet. I am told that all eyes are on Reno right now for updates right now. It may be late afternoon before I get those updates. The one contact I did speak with there said that all is still on track and all still looks great. He said to watch this week...it’s going to be a very important week. I assume they are talking about the budget in Iraq…and waiting to see when they pass it...then they can say…yaaay its great we can now revalue. I believe it will be an interesting day or two as we watch the news unfold. They are convinced that it is indeed happening…and it has already started.
9-8-2020 Newshound Guru Kaperoni ...guru Mtn Goat says Iraq is trying to fast-track into the WTO. That might be but they've got nothing to export. Until that changes I doubt we'll see a accession into the WTO. There was an article about a year ago direct from the WTO talking about Iraq and they pretty much said until Iraq has a private sector it makes little or no sense to join. They need to reduce the dependency on oil first...
9-7-2020 Newshound Guru Adam Montana ...Our man Kazzammie continues to impress. Budgets and GOI and many more things lining up. The future is near! GOOO RRRVVV!!!
9-7-2020 Intel Guru Footforward [Does anyone have any Intel on the dong? Like did they print new lower denom notes?] there has been very little coming out of Vietnam sources. Almost like they are up to something they want few to know about.
9-7-2020 Intel Guru MarkZ [via PDK] All eyes are on this evening and overnight tonight...big expectations all around the banking world for tonight…All are looking for something to happen this evening...I have been unable to reach my in country Iraqi contacts. [Does this mean we will go tomorrow?] I wish I could tell you conclusively…most of my banking contacts believe that yes tomorrow will be the day we get announcements... We are daggone close.
9-7-2020 Intel Guru Footforward [VND was $1 USD in 1983] 50 cents would be extremely high. 1.00 is very unlikely. Even 25 cents for the dong would be extremely high. 1.00 would be nothing short of one of the greatest miracles in history. At 1.00 the dong would far out perform the dinar. And I believe the dinar will absolutely be the big winner in my opinion
9-7-2020 Newshound Guru Pimpy ...there's a lot of things happening in Iraq but you can almost sum it all up fairly shortly...a lot of it is redundant. It's what we've been watching for...It's still good news, I just don't want people to get immune to the good news...we're seeming more now than every. A lot more positive movement towards achieving our goals both long term and short term with Iraq....I thought 2019 was really kicking butt, no 2020 is way ahead of that ball game...
9-7-2020 Newshound Guru Kaperoni ...If the dinar is ever going to go up in value it's going to go up gradually over time. This is not me just suggesting that that is what the IMF says specifically told the CBI years ago during the Article IV Consultation.
9-7-2020 Intel Guru Footforward [Does anyone have any Intel on the dong? Like did they print new lower denom notes?] there has been very little coming out of Vietnam sources. Almost like they are up to something they want few to know about.
9-7-2020 Intel Guru MarkZ [via PDK] All eyes are on this evening and overnight tonight...big expectations all around the banking world for tonight…All are looking for something to happen this evening...I have been unable to reach my in country Iraqi contacts. [Does this mean we will go tomorrow?] I wish I could tell you conclusively…most of my banking contacts believe that yes tomorrow will be the day we get announcements... We are daggone close.
9-7-2020 Intel Guru Footforward [VND was $1 USD in 1983] 50 cents would be extremely high. 1.00 is very unlikely. Even 25 cents for the dong would be extremely high. 1.00 would be nothing short of one of the greatest miracles in history. At 1.00 the dong would far out perform the dinar. And I believe the dinar will absolutely be the big winner in my opinion
9-7-2020 Newshound Guru Pimpy ...there's a lot of things happening in Iraq but you can almost sum it all up fairly shortly...a lot of it is redundant. It's what we've been watching for...It's still good news, I just don't want people to get immune to the good news...we're seeming more now than every. A lot more positive movement towards achieving our goals both long term and short term with Iraq....I thought 2019 was really kicking butt, no 2020 is way ahead of that ball game...
9-7-2020 Newshound Guru Kaperoni ...If the dinar is ever going to go up in value it's going to go up gradually over time. This is not me just suggesting that that is what the IMF says specifically told the CBI years ago during the Article IV Consultation.
9-6-2020 Newshound/Intel Guru Mnt Goat Article: "Iraq is moving to join global trade" Quote: "...the importance of the country's assession to the World Trade Organization, which will help complete many reforms..." [...will this be a full accession or just a step up to working towards a full accession eventually?] Iraq wants full accession to WTO and WTO wants to FAST-TRACK them.
9-6-2020 Intel Guru Bruce [via WiserNow] ...one of the big benefits of the QFS is that it uses the unique signature that is created for each transaction – so that every transaction stands on its own and has its own security built in because of that...The good news is that did get installed...
9-6-2020 Newshound Guru Pimpy ...Al-Kazemi is definitely draining the Iraqi swamp. Article: "Al-Kazemi prepares for the start of the major battle with the corrupt" Remember one of the biggest things that had to be handled according to the U.N. and the United States in Iraq was something needs to be about the corruption. Here it is. It's starting...anybody and everybody is being investigated. If you're found to have been involved in some type of corruption, you're gone...Al-Kazemi crack-a-lack'n. Looks like they're really full steam ahead and on track. I'm really happy to see this...
9-6-2020 Intel Guru RayRen98 Weekend Update: Iraqi TV is broadcasting that the delegation from Kurdistan has changed their visit from Sunday to the middle of the week. The new governor of the CBI is expected to be announced soon. Some wealth managers are reportedly working throughout the day - accounts are anticipated being funded at any moment this weekend. The 2020 budget was referred to the Council of Ministers and then referred to the House of Representatives for approval. Without any changes, it was confirmed that this budget includes the bonuses and promotions for all employees and that it was the same budget that was prepared earlier.
9-6-2020 Intel Guru Footforward [...when the RV does happen for both dong and dinar, is there a timeframe to which we have to exchange the notes?] that hasn't been publicly released yet. I do expect there will be a certain window. But it will be sufficient for us to cash out.
9-6-2020 Newshound Guru Pimpy ...I can't help but feel there's a lot of things going on around the world. There seems to be some push - a lot of things trying to get accomplished and finished before October...gold and silver as well as foreign currencies, there seems to be this weird push everywhere to get things accomplished sometime in September so whatever's coming up in October, people are ready...
9-6-2020 Intel Guru Bruce [via WiserNow] ...one of the big benefits of the QFS is that it uses the unique signature that is created for each transaction – so that every transaction stands on its own and has its own security built in because of that...The good news is that did get installed...
9-6-2020 Newshound Guru Pimpy ...Al-Kazemi is definitely draining the Iraqi swamp. Article: "Al-Kazemi prepares for the start of the major battle with the corrupt" Remember one of the biggest things that had to be handled according to the U.N. and the United States in Iraq was something needs to be about the corruption. Here it is. It's starting...anybody and everybody is being investigated. If you're found to have been involved in some type of corruption, you're gone...Al-Kazemi crack-a-lack'n. Looks like they're really full steam ahead and on track. I'm really happy to see this...
9-6-2020 Intel Guru RayRen98 Weekend Update: Iraqi TV is broadcasting that the delegation from Kurdistan has changed their visit from Sunday to the middle of the week. The new governor of the CBI is expected to be announced soon. Some wealth managers are reportedly working throughout the day - accounts are anticipated being funded at any moment this weekend. The 2020 budget was referred to the Council of Ministers and then referred to the House of Representatives for approval. Without any changes, it was confirmed that this budget includes the bonuses and promotions for all employees and that it was the same budget that was prepared earlier.
9-6-2020 Intel Guru Footforward [...when the RV does happen for both dong and dinar, is there a timeframe to which we have to exchange the notes?] that hasn't been publicly released yet. I do expect there will be a certain window. But it will be sufficient for us to cash out.
9-6-2020 Newshound Guru Pimpy ...I can't help but feel there's a lot of things going on around the world. There seems to be some push - a lot of things trying to get accomplished and finished before October...gold and silver as well as foreign currencies, there seems to be this weird push everywhere to get things accomplished sometime in September so whatever's coming up in October, people are ready...
9-5-2020 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI: THERE ARE PARTIES WHO LIVE ON CHAOS, AND WE ARE WORKING HARD TO RESTORE THE PRESTIGE OF THE STATE" ...the governor of the CBI has told us many times in the past that this “prestige” does include bringing the value of the dinar to values of the past. The only way they can do this is by getting investors to buy the dinar and the only way they can do this with an RV’d rate is to get back on the currency exchanges (FOREX). We know that one of the demands of the protestors is to stop the currency auctions.
9-5-2020 Intel Guru MarkZ [via PDK] [Frank26 referenced that the Iraq would revalue on the 19th of September.] …we do not know for sure how it will roll out…we assume it will be a shotgun start so no one can take advantage …but it could roll out differently then we thought…they could freeze international rates and values…they could roll it out over a week or two weeks…we just do not know.
9-5-2020 Newshound Guru Pimpy More great strides for Al-Kazemi. More. I can't stress this enough. We're actually seeing so much good news and it's in waves and sometimes little increments but nonetheless I don't want people to get immune to good news. Every step taken is just a positive move towards Iraq being recognized again on the international stage the way they should be. It's gonna bring a lot of prosperity to Iraq. I'm excited...2020 is definitely a huge year for Iraq...
9-5-2020 Guest Guru Robert ...Curious coincidence, or glaring lack of trust? Trump signs order for U.S. troop withdrawal over three years, iraqi prime minister wants 3 year budget...
9-5-2020 Intel Guru Bruce [via WiserNow] According to what I am hearing - coming from the Canadian bank sources – with Royal Bank of Canada and Scotia - they do not celebrate Labor day... and my understanding is we may go parallel with Canada...I believe this thing is on its way – we should be in good shape on this – I cannot absolutely call it but you know it was close...I believe...by Tuesday we are good to go...Also Tuesday morning we will have all new rates for us - we’ve already got new rates on the screens - they came in Sunday night and into Monday morning...but on Monday night into Tuesday we will have all new rates for us...
9-5-2020 Newshound Guru Pimpy ...you don't have to wait for the Quantum Financial System to be launched. The Quantum Banking System already exists...there is no "Quantum Financial System". There is a Quantum BANKING System. It already exists...
9-5-2020 Intel Guru MarkZ [via PDK] [Any news about Canada?] They have great expectations for this weekend as well.
9-5-2020 Intel Guru RayRen98 US Bank info: US banks are "cranking it back up" with anticipation of exchanging...very soon! Some were called back to their exchange center locations early this Friday morning. Some are working from 6:00 AM to 11:00 PM, 4-Day shifts. Eastern time. Some are being housed in hotels for easy, quick access to their stations. Some were instructed to have a FULL STAFF in place at 6:00 AM on Saturday and to cancel their Saturday Labor Day plans. Many are planning on working throughout the holiday weekend!!
9-5-2020 Intel Guru MarkZ [via PDK] [Mark will DONG and DINAR go at the same time] yes, we expect them to go at same time.
9-5-2020 Intel Guru MarkZ [via PDK] [Frank26 referenced that the Iraq would revalue on the 19th of September.] …we do not know for sure how it will roll out…we assume it will be a shotgun start so no one can take advantage …but it could roll out differently then we thought…they could freeze international rates and values…they could roll it out over a week or two weeks…we just do not know.
9-5-2020 Newshound Guru Pimpy More great strides for Al-Kazemi. More. I can't stress this enough. We're actually seeing so much good news and it's in waves and sometimes little increments but nonetheless I don't want people to get immune to good news. Every step taken is just a positive move towards Iraq being recognized again on the international stage the way they should be. It's gonna bring a lot of prosperity to Iraq. I'm excited...2020 is definitely a huge year for Iraq...
9-5-2020 Guest Guru Robert ...Curious coincidence, or glaring lack of trust? Trump signs order for U.S. troop withdrawal over three years, iraqi prime minister wants 3 year budget...
9-5-2020 Intel Guru Bruce [via WiserNow] According to what I am hearing - coming from the Canadian bank sources – with Royal Bank of Canada and Scotia - they do not celebrate Labor day... and my understanding is we may go parallel with Canada...I believe this thing is on its way – we should be in good shape on this – I cannot absolutely call it but you know it was close...I believe...by Tuesday we are good to go...Also Tuesday morning we will have all new rates for us - we’ve already got new rates on the screens - they came in Sunday night and into Monday morning...but on Monday night into Tuesday we will have all new rates for us...
9-5-2020 Newshound Guru Pimpy ...you don't have to wait for the Quantum Financial System to be launched. The Quantum Banking System already exists...there is no "Quantum Financial System". There is a Quantum BANKING System. It already exists...
9-5-2020 Intel Guru MarkZ [via PDK] [Any news about Canada?] They have great expectations for this weekend as well.
9-5-2020 Intel Guru RayRen98 US Bank info: US banks are "cranking it back up" with anticipation of exchanging...very soon! Some were called back to their exchange center locations early this Friday morning. Some are working from 6:00 AM to 11:00 PM, 4-Day shifts. Eastern time. Some are being housed in hotels for easy, quick access to their stations. Some were instructed to have a FULL STAFF in place at 6:00 AM on Saturday and to cancel their Saturday Labor Day plans. Many are planning on working throughout the holiday weekend!!
9-5-2020 Intel Guru MarkZ [via PDK] [Mark will DONG and DINAR go at the same time] yes, we expect them to go at same time.
9-4-2020 Intel Guru Footforward Don't be surprised if they come out with a new budget for 3 years with an old rate and then RV after that... [I can see an RV before the budget is announced but not after...] they can easily redo a budget. They can easily have two budgets. Kuwait flat out lied and said they would never RV and then did RV the very next day. There may be some misdirection here at some point. ...what I'm getting at is don't get down if they do a new budget with the old rate. They can RV any time...Not just the start of a fiscal year. If I suddenly win the lottery, I'll gladly revisit my budget any time. Same thing here. The fiscal year isn't a consideration for timing in this at all...
9-4-2020 Newshound Guru Jeff ...the articles are actually suggesting that Iraq is ready to join the international world. Article "Sovereignty - Macron calls for leading a transitional phase of building important Iraqi sovereignty for the region". Quote "...Emmanuel Macron called for leading a transitional phase in building important Iraqi sovereignty..."
9-4-2020 Intel Guru MarkZ [via PDK] Well, In Hong Kong and Europe so far people are still sitting on the edge of their seats with no movement yet…There was a tremendous amount of expectation last night going into this weekend to see some kind of movement…I was unable to touch base with middle Eastern contacts yet…no response. With such big expectations for this weekend…hopefully we won’t be let down again. It’s always been a “when” not an “if” so buckle up…we are watching it roll out.
9-4-2020 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI NOMINATES HIS ADVISOR FOR THE POST OF GOVERNOR OF THE CENTRAL BANK AND A DEPUTY, REVEALS: A SUSPICIOUS FIGURE" ...they fully intended to replace the governor of the Central Bank of Iraq...The question is this. Does this replacement have to be done prior to the RV? I believe it does or close to it. There is just too much corruption allowed under the present governor to allow it to continue...
9-4-2020 Intel Guru Frank26 Kazemi is now at the next stage of the security and stability for the Iraqi dinar monetary reform...What happened is these politicians, especially Maliki...stole, they didn't keep in one area. They sent it to their families...all these central banks are about to sign an agreement that's going to change how money is treated on this planet Earth...Kazemi is also seizing assets...they bought a lot of things to hide the money. Money laundering. Houses. Boats. Cars. Stocks. You name it. And he's getting it...this is a massive campaign by Kazemi to clear the way for the reforms. Trust me Kazemi is in a hurry. He is doing everything as fast as he can...
9-4-2020 Newshound Guru Pimpy ...apparently they're re-opening up the files and now they're gonna rapidly push them through... Quote "discuss the importance of setting a new date for the high level conference in Iraq succession to the WTO..." ...It was supposed to be held last November on the 26th and 27th of 2019. I told you during the process of doing that for some reason it stopped. Well we know what happened. Once the prime minister resigned we had to wait for a whole other election...Now they're ready to get back on there...I'm excited about this. This is big. We really want to see Iraq on the international scene. This is great for the currency...you should be excited about that. [Post 3 of 3]
9-4-2020 Newshound Guru Pimpy Quote: "the representatives of the Kingdom or Marocco to the Untied Nation in New York...talking about ways to activate the file of Iraq's decision into the organization...completing the technical documents to complete their requirements for the accession..." In other words get the obstacles out of the way, put them in. If Iraq gets into the World Trade Organization that is going to be a huge boom for their economy and again if the economy is strong their currency becomes strong. This is exciting to me. When I saw this I was jumping up and down... [Post 2 of 3....stay tuned]
9-4-2020 Newshound Guru Pimpy Article: "Iraq is moving to join global trade and an Arab country: We will facilitate its mission" This is great news...I told everybody that Iraq and Vietnam were kind of being pushed through by the orders of Trump, their application into the World Trade Organization seemed to be getting expedited...this is great news. I means this is huge news...in order for Iraq to be in the World Trade Organization they must have their sovereignty and they must have a world currency that's internationally recognized on the Forex. That means all restriction must be removed off the currency. That's great for us holding onto the Iraqi dinar. You're probably gonna have to expect...a rate change in order for them to do business on a much larger scale... [Post 1 of 3....stay tuned]
9-4-2020 Intel Guru Frank26 ...the GCC wants Iraq IQD in the currency basket of the Middle East in the near future, then they want them to go 1 to 1 with the American dollar like all the other GCC currencies that are in this Arabic basket. Iraq is the only Arabic country that is not in the GCC. Trump wants them to join so it becomes 1 to 1 but also when they join Iraq will lessen their necessity on Iran's needs. They will work more with GCC countries...if Iraq joins the GCC and if they utilize their own currency with a peg to the U.S. dollar, well then there's your reinstatement...
9-4-2020 Newshound Guru Jeff ...the articles are actually suggesting that Iraq is ready to join the international world. Article "Sovereignty - Macron calls for leading a transitional phase of building important Iraqi sovereignty for the region". Quote "...Emmanuel Macron called for leading a transitional phase in building important Iraqi sovereignty..."
9-4-2020 Intel Guru MarkZ [via PDK] Well, In Hong Kong and Europe so far people are still sitting on the edge of their seats with no movement yet…There was a tremendous amount of expectation last night going into this weekend to see some kind of movement…I was unable to touch base with middle Eastern contacts yet…no response. With such big expectations for this weekend…hopefully we won’t be let down again. It’s always been a “when” not an “if” so buckle up…we are watching it roll out.
9-4-2020 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI NOMINATES HIS ADVISOR FOR THE POST OF GOVERNOR OF THE CENTRAL BANK AND A DEPUTY, REVEALS: A SUSPICIOUS FIGURE" ...they fully intended to replace the governor of the Central Bank of Iraq...The question is this. Does this replacement have to be done prior to the RV? I believe it does or close to it. There is just too much corruption allowed under the present governor to allow it to continue...
9-4-2020 Intel Guru Frank26 Kazemi is now at the next stage of the security and stability for the Iraqi dinar monetary reform...What happened is these politicians, especially Maliki...stole, they didn't keep in one area. They sent it to their families...all these central banks are about to sign an agreement that's going to change how money is treated on this planet Earth...Kazemi is also seizing assets...they bought a lot of things to hide the money. Money laundering. Houses. Boats. Cars. Stocks. You name it. And he's getting it...this is a massive campaign by Kazemi to clear the way for the reforms. Trust me Kazemi is in a hurry. He is doing everything as fast as he can...
9-4-2020 Newshound Guru Pimpy ...apparently they're re-opening up the files and now they're gonna rapidly push them through... Quote "discuss the importance of setting a new date for the high level conference in Iraq succession to the WTO..." ...It was supposed to be held last November on the 26th and 27th of 2019. I told you during the process of doing that for some reason it stopped. Well we know what happened. Once the prime minister resigned we had to wait for a whole other election...Now they're ready to get back on there...I'm excited about this. This is big. We really want to see Iraq on the international scene. This is great for the currency...you should be excited about that. [Post 3 of 3]
9-4-2020 Newshound Guru Pimpy Quote: "the representatives of the Kingdom or Marocco to the Untied Nation in New York...talking about ways to activate the file of Iraq's decision into the organization...completing the technical documents to complete their requirements for the accession..." In other words get the obstacles out of the way, put them in. If Iraq gets into the World Trade Organization that is going to be a huge boom for their economy and again if the economy is strong their currency becomes strong. This is exciting to me. When I saw this I was jumping up and down... [Post 2 of 3....stay tuned]
9-4-2020 Newshound Guru Pimpy Article: "Iraq is moving to join global trade and an Arab country: We will facilitate its mission" This is great news...I told everybody that Iraq and Vietnam were kind of being pushed through by the orders of Trump, their application into the World Trade Organization seemed to be getting expedited...this is great news. I means this is huge news...in order for Iraq to be in the World Trade Organization they must have their sovereignty and they must have a world currency that's internationally recognized on the Forex. That means all restriction must be removed off the currency. That's great for us holding onto the Iraqi dinar. You're probably gonna have to expect...a rate change in order for them to do business on a much larger scale... [Post 1 of 3....stay tuned]
9-4-2020 Intel Guru Frank26 ...the GCC wants Iraq IQD in the currency basket of the Middle East in the near future, then they want them to go 1 to 1 with the American dollar like all the other GCC currencies that are in this Arabic basket. Iraq is the only Arabic country that is not in the GCC. Trump wants them to join so it becomes 1 to 1 but also when they join Iraq will lessen their necessity on Iran's needs. They will work more with GCC countries...if Iraq joins the GCC and if they utilize their own currency with a peg to the U.S. dollar, well then there's your reinstatement...
9-3-2020 Newshound/Intel Guru RVAlready The QFS will prevent the theft of huge amounts of money, which was stolen in the past under swift. It also provides a fair and level playing field for all countries to operate.
9-3-2020 Intel Guru MarkZ [via PDK] I am hearing a lot of chatter…but cannot prove if Swift is dead yet or not…I have been chasing bankers trying to prove or disprove info about the swift system…almost all of them –conclusively say that yes- they are upgrading their system for “near instant” transfers. They see the changes coming. Part of them have updated now- part of them haven’t but I do not believe swift is totally dead yet. No banker will tell me that “yes it’s dead” only that it is ending in Sept, and everyone will be on new system for interbank transfers and country to country transfers now... ...they are in the middle of a transition…and that a number of their transactions now are “near instant”…
9-3-2020 Newshound Guru Pimpy Article: "Iraq: Al Kazemi prevents militia flags and religious banners from being raised over government buildings" Basically the whole article is saying the only flag you're allowed to wave in our country is our country's flag. Period. Iraq flag. Because they want to be a united country...Al-Kazemi is lowering the boom down...forget all these separations of people...Kazemi is saying enough. We are one country. We are one people. We are one nation. Period. I love this move. I know it sounds minor but to me it's big. It sends a clear message that they are united and that's what the world is looking for...
9-3-2020 Newshound Guru Jeff ...In the media they've told you what the delays were. They told you there were two of them. The beginning of the year was the formation of the government. And then after that was the Kurdistan and Baghdad reaching an agreement...now that the articles are suggesting that they're now at the end of completing that comprehensive agreement, articles have now transitioned to talk about Iraq rejoining the international world...
9-3-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ BRINGS IN $72.1M IN CUSTOMS REVENUE FOR AUGUST: FEDERAL CUSTOMS AUTHORITY" Al-Kazemi is getting these financial reforms in place and fianally they are working...
9-3-2020 Intel Guru MarkZ [via PDK] Not really expecting any news until overnight tonight…just big anticipation that tonight starts the rollout somewhere between 11pm and 2 AM. …Hopefully we will have solid news by tomorrow morning. [I have heard tomorrow will be a “magical” Friday.] I am so ready for one of those…I think we all are. ...We are watching it roll out…My people said it would roll out in September and get very quiet except for disinformation…all my real connected people have been really quiet. They just said the plan is set - its moving forward. Just hang on...There really is a lot of misinformation right now…
9-3-2020 Newshound Guru MilitiaMan Report: "New Currency, Fiscal and Monetary Policies Guidelines for the Transitional Government of Iraq" ...The report shows what was from the past and what is needed into the future. By all the study we have under our belts, I can see this report as massive support they are in fact going to a market economy and will raise the rate of the IQD to support that effort! ...imo...
9-3-2020 Intel Guru Frank26 ...I believe in my heart that...there is a transparency change coming. We are seeing a change to the global financial system. I don't believe in the GCR. I believe in the GFS. The global financial system is completely being changed...I'd like to suggest that this Quantitative Financial System that's being brought is an evolution to the banking system. Where banks will never function the same way. It is a completely different model. A completely different system. A completely different language-coded...the Iraqi dinar has been beat up and abused...but Donald Trump put this together...What do you think Kazemi had a nice conversation about this past week?
9-3-2020 Newshound Guru Jeff ...around all these articles talking about the comprehensive agreement [between Kurdistan & Baghdad] we have new transitional articles. These new articles now are talking about Iraq going international and joining the international world. That's what the next round of articles are talking about...Iraq becoming and going international, joining the international world. In addition to that on August 20th you had a whole bunch of U.S. companies sign $8 billion worth of contracts...Iraq is ready to jump out and join the international world. That's not my opinion that's right here in print. It's factual...
9-3-2020 Intel Guru Bruce [via WiserNow] ...even though this journey is going longer than we all thought - I am still excited... it is to a point where the QFS would be fully operational – which I understand it is...we believe the Swift is gone for the very most part we have to confirm this but I believe it is...we’ve got a system that is functioning without the ability of it being hacked that is a very positive thing for us moving forward - and I know that’s going to be very valuable. ...We understand that the roll out is to occur for all of us in this week the 1st – 8th which is Tuesday thru Tuesday...You know we have UN operational rates changing on the 15th - that should be changing from where the public could actually see those on the UN operational website page...
9-3-2020 Intel Guru MarkZ [via PDK] I am hearing a lot of chatter…but cannot prove if Swift is dead yet or not…I have been chasing bankers trying to prove or disprove info about the swift system…almost all of them –conclusively say that yes- they are upgrading their system for “near instant” transfers. They see the changes coming. Part of them have updated now- part of them haven’t but I do not believe swift is totally dead yet. No banker will tell me that “yes it’s dead” only that it is ending in Sept, and everyone will be on new system for interbank transfers and country to country transfers now... ...they are in the middle of a transition…and that a number of their transactions now are “near instant”…
9-3-2020 Newshound Guru Pimpy Article: "Iraq: Al Kazemi prevents militia flags and religious banners from being raised over government buildings" Basically the whole article is saying the only flag you're allowed to wave in our country is our country's flag. Period. Iraq flag. Because they want to be a united country...Al-Kazemi is lowering the boom down...forget all these separations of people...Kazemi is saying enough. We are one country. We are one people. We are one nation. Period. I love this move. I know it sounds minor but to me it's big. It sends a clear message that they are united and that's what the world is looking for...
9-3-2020 Newshound Guru Jeff ...In the media they've told you what the delays were. They told you there were two of them. The beginning of the year was the formation of the government. And then after that was the Kurdistan and Baghdad reaching an agreement...now that the articles are suggesting that they're now at the end of completing that comprehensive agreement, articles have now transitioned to talk about Iraq rejoining the international world...
9-3-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ BRINGS IN $72.1M IN CUSTOMS REVENUE FOR AUGUST: FEDERAL CUSTOMS AUTHORITY" Al-Kazemi is getting these financial reforms in place and fianally they are working...
9-3-2020 Intel Guru MarkZ [via PDK] Not really expecting any news until overnight tonight…just big anticipation that tonight starts the rollout somewhere between 11pm and 2 AM. …Hopefully we will have solid news by tomorrow morning. [I have heard tomorrow will be a “magical” Friday.] I am so ready for one of those…I think we all are. ...We are watching it roll out…My people said it would roll out in September and get very quiet except for disinformation…all my real connected people have been really quiet. They just said the plan is set - its moving forward. Just hang on...There really is a lot of misinformation right now…
9-3-2020 Newshound Guru MilitiaMan Report: "New Currency, Fiscal and Monetary Policies Guidelines for the Transitional Government of Iraq" ...The report shows what was from the past and what is needed into the future. By all the study we have under our belts, I can see this report as massive support they are in fact going to a market economy and will raise the rate of the IQD to support that effort! ...imo...
9-3-2020 Intel Guru Frank26 ...I believe in my heart that...there is a transparency change coming. We are seeing a change to the global financial system. I don't believe in the GCR. I believe in the GFS. The global financial system is completely being changed...I'd like to suggest that this Quantitative Financial System that's being brought is an evolution to the banking system. Where banks will never function the same way. It is a completely different model. A completely different system. A completely different language-coded...the Iraqi dinar has been beat up and abused...but Donald Trump put this together...What do you think Kazemi had a nice conversation about this past week?
9-3-2020 Newshound Guru Jeff ...around all these articles talking about the comprehensive agreement [between Kurdistan & Baghdad] we have new transitional articles. These new articles now are talking about Iraq going international and joining the international world. That's what the next round of articles are talking about...Iraq becoming and going international, joining the international world. In addition to that on August 20th you had a whole bunch of U.S. companies sign $8 billion worth of contracts...Iraq is ready to jump out and join the international world. That's not my opinion that's right here in print. It's factual...
9-3-2020 Intel Guru Bruce [via WiserNow] ...even though this journey is going longer than we all thought - I am still excited... it is to a point where the QFS would be fully operational – which I understand it is...we believe the Swift is gone for the very most part we have to confirm this but I believe it is...we’ve got a system that is functioning without the ability of it being hacked that is a very positive thing for us moving forward - and I know that’s going to be very valuable. ...We understand that the roll out is to occur for all of us in this week the 1st – 8th which is Tuesday thru Tuesday...You know we have UN operational rates changing on the 15th - that should be changing from where the public could actually see those on the UN operational website page...
9-2-2020 Intel Guru MarkZ [via PDK] [What currencies do you expect to be in the first basket?] I am hearing almost all currencies will be in the first basket…and that they will allow those not ready or trailing to float up to their values over the next few months . The big ones we will see in the first basket are the dong, dinar, Zim and rupiah.
9-2-2020 Intel Guru Delta ...every country in order for them to be able to [be part of QFS] ...first of all they have to join the system. Second you can not manipulate your currency. You have to have a fair currency - a fair exchange rate - in order for you to join the QFS...looks like Iraq is included there...this is a smart and brilliant way President Trump and the US treasury for them to come up with this system because that's the only way you can force all the countries to basically come up with a true rate. And Iraq is included...excellent news...you can not do it with the auctions anymore or at a program rate...
9-2-2020 Intel Guru Frank26 ...this change that they're about to do. This formula. This coding...is all brand new...I strongly believe currencies are being changed with their asset ability in order to be part of what Donald Trump is doing with currencies around the world and with Iraq...Do You think the Iraqi dinar is being groomed-prepared specially for this program [GFS]...Looks to me, Donald Trump a brilliant business man has once again done it. He found a solution on how for countries to stop stealing not only our money but Iraq's money...this goes all the way down to the common thief, to drug dealers, to terrorists. This is going to cover everything. This is like a pill that solves cancer. This system [QFS} will solve the problem with the monetary system of the Iraqi dinar...
9-2-2020 Newshound Guru Pimpy ...there's a lot of positive steps moving forward. This is what we're looking for. I said this before and I will say it once again. Do not get immune to the good news. There's a lot of good news that's coming out daily and my concern is people get impatient and go, 'Who cares about the good news. Just make it happen.' Don't do that....there are a lot of positive steps being taken forward...you should be excited about all of this...
9-2-2020 Newshound Guru Adam Montana There is no serious negative news on Iraq at the moment, which puts them in a good situation. The world has no major concerns about Iraq at the moment - they aren't causing problems, there is no major civil unrest (like there was 6 months ago), and the financial side of things is positive (OIL). Nothing in particular says "RV by Friday!", but we all know better than to expect a heads up from Iraq. They will do what they want, when they want... I hope you're ready. ...Go Iraq, and GO RRRRVVVVVV!!! [post 2 of 2]
9-2-2020 Newshound Guru Adam Montana ...OIL continues to be solid. What's not to like, if you were Iraq? ...Kazzammie just met with Trump recently, and the reports still say it was a productive and successful meeting. The parties that the HCL are most important to are meeting, discussing long term plans (something we have almost never seen on this level). The region is fairly quiet, and things are simply good overall. If we are to be realistic, the best time for Iraq to make a major move is during a quiet time. [post 1 of 2....stay tuned]
9-2-2020 Intel Guru MarkZ [via PDK] Not expecting any news until Thursday Evening…overnight….but hearing nothing changed so I am getting a bit excited. I am not hearing today…but...all kinds of activities over the weekend…and banking apts. for you and I starting next week. That’s what I am hearing. I hope its accurate…hopefully by Friday morning chat we have lovely news.
9-2-2020 Intel Guru Footforward [What’s you guys thoughts on the quantum financial system happening between now and September 11?] I do think it's coming. I'm not convinced it's coming as soon as people think. I also have the opinion we aren't waiting on that for the RV to happen...
9-2-2020 Newshound/Intel Guru Petra ...What is Iraq known for? Stealing from the auctions. Stealing money. All that goes away when the quantified system is engaged. Let's think about this. Could we be waiting for this QFS to take off? Could that be one of the reasons that we're waiting for for this to occur?
9-2-2020 Intel Guru MarkZ [via PDK] [is the swift system gone?] I think it is running parallel to the new system…we are seeing so many news articles now… I believe the QFS in in place...IMO it’s not fully done though...
9-2-2020 Newshound Guru Militiaman ...the United States Treasury...is using the language of 'global currency reset' arriving with the QFS. Whether or not it's all at once it doesn't say that. It just says that it's arrival is because of the QFS...that's why I've found that the most powerful thing I've seen because we all thought it [Global Currency Reset] was mythology. No body took it terribly seriously because the phrase in and of itself was not given out by the IMF or the World Bank or anybody until now...how many counties come out and do something in respect to this at one time is to be determined but one of the main feelers is the Iraqi dinar is the lead in with the QFS...
9-2-2020 Intel Guru Delta ...every country in order for them to be able to [be part of QFS] ...first of all they have to join the system. Second you can not manipulate your currency. You have to have a fair currency - a fair exchange rate - in order for you to join the QFS...looks like Iraq is included there...this is a smart and brilliant way President Trump and the US treasury for them to come up with this system because that's the only way you can force all the countries to basically come up with a true rate. And Iraq is included...excellent news...you can not do it with the auctions anymore or at a program rate...
9-2-2020 Intel Guru Frank26 ...this change that they're about to do. This formula. This coding...is all brand new...I strongly believe currencies are being changed with their asset ability in order to be part of what Donald Trump is doing with currencies around the world and with Iraq...Do You think the Iraqi dinar is being groomed-prepared specially for this program [GFS]...Looks to me, Donald Trump a brilliant business man has once again done it. He found a solution on how for countries to stop stealing not only our money but Iraq's money...this goes all the way down to the common thief, to drug dealers, to terrorists. This is going to cover everything. This is like a pill that solves cancer. This system [QFS} will solve the problem with the monetary system of the Iraqi dinar...
9-2-2020 Newshound Guru Pimpy ...there's a lot of positive steps moving forward. This is what we're looking for. I said this before and I will say it once again. Do not get immune to the good news. There's a lot of good news that's coming out daily and my concern is people get impatient and go, 'Who cares about the good news. Just make it happen.' Don't do that....there are a lot of positive steps being taken forward...you should be excited about all of this...
9-2-2020 Newshound Guru Adam Montana There is no serious negative news on Iraq at the moment, which puts them in a good situation. The world has no major concerns about Iraq at the moment - they aren't causing problems, there is no major civil unrest (like there was 6 months ago), and the financial side of things is positive (OIL). Nothing in particular says "RV by Friday!", but we all know better than to expect a heads up from Iraq. They will do what they want, when they want... I hope you're ready. ...Go Iraq, and GO RRRRVVVVVV!!! [post 2 of 2]
9-2-2020 Newshound Guru Adam Montana ...OIL continues to be solid. What's not to like, if you were Iraq? ...Kazzammie just met with Trump recently, and the reports still say it was a productive and successful meeting. The parties that the HCL are most important to are meeting, discussing long term plans (something we have almost never seen on this level). The region is fairly quiet, and things are simply good overall. If we are to be realistic, the best time for Iraq to make a major move is during a quiet time. [post 1 of 2....stay tuned]
9-2-2020 Intel Guru MarkZ [via PDK] Not expecting any news until Thursday Evening…overnight….but hearing nothing changed so I am getting a bit excited. I am not hearing today…but...all kinds of activities over the weekend…and banking apts. for you and I starting next week. That’s what I am hearing. I hope its accurate…hopefully by Friday morning chat we have lovely news.
9-2-2020 Intel Guru Footforward [What’s you guys thoughts on the quantum financial system happening between now and September 11?] I do think it's coming. I'm not convinced it's coming as soon as people think. I also have the opinion we aren't waiting on that for the RV to happen...
9-2-2020 Newshound/Intel Guru Petra ...What is Iraq known for? Stealing from the auctions. Stealing money. All that goes away when the quantified system is engaged. Let's think about this. Could we be waiting for this QFS to take off? Could that be one of the reasons that we're waiting for for this to occur?
9-2-2020 Intel Guru MarkZ [via PDK] [is the swift system gone?] I think it is running parallel to the new system…we are seeing so many news articles now… I believe the QFS in in place...IMO it’s not fully done though...
9-2-2020 Newshound Guru Militiaman ...the United States Treasury...is using the language of 'global currency reset' arriving with the QFS. Whether or not it's all at once it doesn't say that. It just says that it's arrival is because of the QFS...that's why I've found that the most powerful thing I've seen because we all thought it [Global Currency Reset] was mythology. No body took it terribly seriously because the phrase in and of itself was not given out by the IMF or the World Bank or anybody until now...how many counties come out and do something in respect to this at one time is to be determined but one of the main feelers is the Iraqi dinar is the lead in with the QFS...
9-1-2020 Newshound Guru Jeff Article: "Alliance of Forces: An effective return to Iraq internationally needs a comprehensive political consensus with great popular support" They're telling you for Iraq to go international they have to have political stability...to achieve political stability Kurdistan and Baghdad have to reach and sign that comprehensive agreement...going international also means changing the rate...
9-1-2020 Newshound Guru tlm724 [Long time no see...welcome back] Article: "Statement Of The Parliamentary Economic And Investment Committee Regarding Stopping Cooperation With The National Investment Authority" Quote: "Honorable Prime Minister, ministers, supervisory departments and relevant institutions...We call on you to stop cooperation with the National Investment Commission in all forms, and hold you responsible and legal consequences for wasting public money, and we call on the Prime Minister to refer the Authority’s Chairman, Window Manager and Legal Department Director to the investigation and withdraw their hand until the investigation ends." This is huge and depending on how the Prime Minister responds it can make a serious dent in corruption!
9-1-2020 Newshound/Intel Guru Mnt Goat Article quotes: "The GROUPS THAT BELIEVE THAT THEY ARE ABOVE THE LAW WILL SOON WITNESS SERIOUS MOVEMENTS BY OUR SECURITY FORCES," ; "In the past, there were concerted efforts to reduce and corrupt the state security forces, but we are now working to reconfigure these forces and cleanse them of all the corrupt elements, and this will take time, but we will hold these people accountable for the crimes they committed," we have been waiting for good news like this from a leader of Iraq for a long time. Yes, we heard it from lots of people in the past but not from a prime minister. I like al-Kazemi and his thinking. It is so honest and truthful. I also want to point out he is talking AGAIN about routing out these Iranian militias. WOW! It is about time! This is going to get the security they need for the reinstatement and to rebuild the economy and country. Its all moving in the right direction now and that is what matters.
9-1-2020 Intel Guru MarkZ [via PDK] I am still hearing things will start end of this week and we will all have an awesome Labor Day Weekend. I’m just worried that too many people are in agreement. I always expected this to go like a thief in the night…My sources...expect our shotgun start to happen post Labor Day at the start of the banking week. Still waiting for updates from Iraq and Dubai today. Hopefuly they are hearing the same things...it’s almost spooky that I am hearing the same story out of Asia, Europe and all around the globe right now on timing…This has me a little nervous that too many people agree on the timing…and things appear to be positioning this way as well…We have always been expecting it to happen between 11 pm and 2 am based on US Eastern time. That has always been the plan we were told.
9-1-2020 Intel Guru Delta ...the Central Bank of Iraq they basically did freeze the assets of 9 people. One of them was the son-in-law of Maliki. IMO that was very huge because for you to get Maliki's son-in-law, that gives you an indication that he does not have the same influence that he used to have before. This is great news for us. Some of you are asking why not Maliki? His turn is probably gonna come in but we don't know how long...it's very possible they waited to reinstate the currency, do the reforms...it looks like they wanted to take care of business first. Which is find the corruption first. IMO this was very very significant there...
9-1-2020 Intel Guru Frank26 ...we are looking for the CBI to release an article with step by step paragraphs explaining what Kazemi has accomplished with the CBI which in reality is what he's accomplished with President Trump. I'm looking for that article...when that article comes out it's very blatant, obvious that there is a rate change coming...
9-1-2020 Newshound/Intel Guru Mnt Goat So, are we waiting for the QFS to see the IQD reinstatement? Folks the QFS is here already and so we know the Iraq dinar has not been reinstated already. However, I hear that we were waiting for the timeline (targeted date) for the implementation of the Iraq in the QFS and it is coming very shortly. ...Countries are set to finally begin rolling into the QFS beginning this month of September 2020...The US is expected to target a September 9 or 10th implementation to the QFS. Iraq will probably follow in January 2021 (as I am hearing from the CBI)...the Vietnam Dong revaluation is dependent on China and it willingness to go along with the plan. [post 2 of 2]
9-1-2020 Newshound/Intel Guru Mnt Goat Welcome to September and still no RV...I have told everyone not to expect it until the CBI gives us indication of working on the project to “delete the zeros”. It is ONLY through this project that the inevitable REINSTATEMENT of the dinar on the global currency exchanges can happen. ...I also know that this timing is being tied to the rollout of the new Quantum Financial System or QFS...which is an advanced financial system launched to eradicate the corruption and the monopoly on the global monetary system and for that purpose, a computer system was developed in the early part of the new millennium comprised of Artificial Intelligence and complex computer programs fully backed by the IMF and regulatory agencies. [post 1 of 2....stay tuned]
9-1-2020 Newshound Guru tlm724 [Long time no see...welcome back] Article: "Statement Of The Parliamentary Economic And Investment Committee Regarding Stopping Cooperation With The National Investment Authority" Quote: "Honorable Prime Minister, ministers, supervisory departments and relevant institutions...We call on you to stop cooperation with the National Investment Commission in all forms, and hold you responsible and legal consequences for wasting public money, and we call on the Prime Minister to refer the Authority’s Chairman, Window Manager and Legal Department Director to the investigation and withdraw their hand until the investigation ends." This is huge and depending on how the Prime Minister responds it can make a serious dent in corruption!
9-1-2020 Newshound/Intel Guru Mnt Goat Article quotes: "The GROUPS THAT BELIEVE THAT THEY ARE ABOVE THE LAW WILL SOON WITNESS SERIOUS MOVEMENTS BY OUR SECURITY FORCES," ; "In the past, there were concerted efforts to reduce and corrupt the state security forces, but we are now working to reconfigure these forces and cleanse them of all the corrupt elements, and this will take time, but we will hold these people accountable for the crimes they committed," we have been waiting for good news like this from a leader of Iraq for a long time. Yes, we heard it from lots of people in the past but not from a prime minister. I like al-Kazemi and his thinking. It is so honest and truthful. I also want to point out he is talking AGAIN about routing out these Iranian militias. WOW! It is about time! This is going to get the security they need for the reinstatement and to rebuild the economy and country. Its all moving in the right direction now and that is what matters.
9-1-2020 Intel Guru MarkZ [via PDK] I am still hearing things will start end of this week and we will all have an awesome Labor Day Weekend. I’m just worried that too many people are in agreement. I always expected this to go like a thief in the night…My sources...expect our shotgun start to happen post Labor Day at the start of the banking week. Still waiting for updates from Iraq and Dubai today. Hopefuly they are hearing the same things...it’s almost spooky that I am hearing the same story out of Asia, Europe and all around the globe right now on timing…This has me a little nervous that too many people agree on the timing…and things appear to be positioning this way as well…We have always been expecting it to happen between 11 pm and 2 am based on US Eastern time. That has always been the plan we were told.
9-1-2020 Intel Guru Delta ...the Central Bank of Iraq they basically did freeze the assets of 9 people. One of them was the son-in-law of Maliki. IMO that was very huge because for you to get Maliki's son-in-law, that gives you an indication that he does not have the same influence that he used to have before. This is great news for us. Some of you are asking why not Maliki? His turn is probably gonna come in but we don't know how long...it's very possible they waited to reinstate the currency, do the reforms...it looks like they wanted to take care of business first. Which is find the corruption first. IMO this was very very significant there...
9-1-2020 Intel Guru Frank26 ...we are looking for the CBI to release an article with step by step paragraphs explaining what Kazemi has accomplished with the CBI which in reality is what he's accomplished with President Trump. I'm looking for that article...when that article comes out it's very blatant, obvious that there is a rate change coming...
9-1-2020 Newshound/Intel Guru Mnt Goat So, are we waiting for the QFS to see the IQD reinstatement? Folks the QFS is here already and so we know the Iraq dinar has not been reinstated already. However, I hear that we were waiting for the timeline (targeted date) for the implementation of the Iraq in the QFS and it is coming very shortly. ...Countries are set to finally begin rolling into the QFS beginning this month of September 2020...The US is expected to target a September 9 or 10th implementation to the QFS. Iraq will probably follow in January 2021 (as I am hearing from the CBI)...the Vietnam Dong revaluation is dependent on China and it willingness to go along with the plan. [post 2 of 2]
9-1-2020 Newshound/Intel Guru Mnt Goat Welcome to September and still no RV...I have told everyone not to expect it until the CBI gives us indication of working on the project to “delete the zeros”. It is ONLY through this project that the inevitable REINSTATEMENT of the dinar on the global currency exchanges can happen. ...I also know that this timing is being tied to the rollout of the new Quantum Financial System or QFS...which is an advanced financial system launched to eradicate the corruption and the monopoly on the global monetary system and for that purpose, a computer system was developed in the early part of the new millennium comprised of Artificial Intelligence and complex computer programs fully backed by the IMF and regulatory agencies. [post 1 of 2....stay tuned]
8-31-2020 Intel Guru Footforward ...I am fairly confident that it will happen on a Thursday...it would be an easy way for this to unfold...I'm asked if I have anything else in terms of timing and I don't...I don't feel like I can give a date at this point.
8-31-2020 Newshound Guru Jeff Article: "Away from the political file..a high-level Kurdish delegation in Baghdad". Quote: "...to discuss the proposal of the international Monetary Fund and the International Central Bank to change the budget system from 1-year budget to a 3-year budget." ...I've been in this 11 years that's the first time in 11 years they've ever talked about that. That pretty much has rate change written all over it...
8-31-2020 Intel Guru MarkZ [Is this the week with the never ending magic Tuesdays] Hopefully our last with all this chatter... I think we are really close…especially after hearing from all my government sources...I feel exceptionally good about September...i am expecting a shotgun start.
8-31-2020 Newshound Guru Jeff ...they're not going to stay pegged to a single currency. That's not happening...it's too risky. After the rate change the dinar will be pegged to a basket to minimize risk...
8-31-2020 Intel Guru RayRen98 Weekend UPDATE: Iraqi TV was broadcasting the following...Saturday: PM Al-Kadhimi steps confidently towards economic reform citing providing oil derivatives to support national factories. Sunday: PM Al-Kadhimi is beginning to disarm the militias by having the military to confiscate all light to medium weapons from all disputed tribal areas.
8-31-2020 Guest Guru Austin-Powers-For-PM ...I believe September will be an unbelievable month for all of us. What that looks like or how that will happen is yet to be seen...
8-31-2020 Newshound Guru Kaperoni There are still some who believe a significant overnight RV is possible. I have two articles that contradict the possibility of that ever happening...Iraq's net worth is only $16 trillion dollars...And the other clearly states 47 trillion dinarin circulation. ...They either have to LOP the dinar reducing trillions to billions or float the dinar as stated in the IMF Article IV with Iraq to gradually reduce the money supply. Btw, going from peg to a float is what most countries do, especially ones that are emerging with significant growth in their economies.
8-31-2020 Newshound Guru Jeff Article: "Away from the political file..a high-level Kurdish delegation in Baghdad". Quote: "...to discuss the proposal of the international Monetary Fund and the International Central Bank to change the budget system from 1-year budget to a 3-year budget." ...I've been in this 11 years that's the first time in 11 years they've ever talked about that. That pretty much has rate change written all over it...
8-31-2020 Intel Guru MarkZ [Is this the week with the never ending magic Tuesdays] Hopefully our last with all this chatter... I think we are really close…especially after hearing from all my government sources...I feel exceptionally good about September...i am expecting a shotgun start.
8-31-2020 Newshound Guru Jeff ...they're not going to stay pegged to a single currency. That's not happening...it's too risky. After the rate change the dinar will be pegged to a basket to minimize risk...
8-31-2020 Intel Guru RayRen98 Weekend UPDATE: Iraqi TV was broadcasting the following...Saturday: PM Al-Kadhimi steps confidently towards economic reform citing providing oil derivatives to support national factories. Sunday: PM Al-Kadhimi is beginning to disarm the militias by having the military to confiscate all light to medium weapons from all disputed tribal areas.
8-31-2020 Guest Guru Austin-Powers-For-PM ...I believe September will be an unbelievable month for all of us. What that looks like or how that will happen is yet to be seen...
8-31-2020 Newshound Guru Kaperoni There are still some who believe a significant overnight RV is possible. I have two articles that contradict the possibility of that ever happening...Iraq's net worth is only $16 trillion dollars...And the other clearly states 47 trillion dinarin circulation. ...They either have to LOP the dinar reducing trillions to billions or float the dinar as stated in the IMF Article IV with Iraq to gradually reduce the money supply. Btw, going from peg to a float is what most countries do, especially ones that are emerging with significant growth in their economies.
8-30-2020 Newshound Guru Pimpy People ask me this all the time - Pimpy the [Iraq] economy's going to get...big, should we turn in all of our currencies at once? I can't tell you what to do with your investments but some of you out there have enough where you could turn in a third, maybe half and live wealthy the rest of your life and maybe you'll think about holding on to the currency to see if it does continue to go up in value which I anticipated to do. Because Iraq is starting from the ground up. They're literally rebuilding...the entire country. The infrastructure is being redone...we need the power grids redone. What I'm saying is this, they're staring over from scratch. So if their currency once it's revalued has a certain value then you might want to hold onto some of yours and see what happens later down the line...
8-30-2020 Newshound Guru Jeff I already showed you this article a few days ago "3 reasons that prevented American investment in the past" ...This is like a slam dunk. It confirms everything I've showed you and told you...they're telling you what your delays are. Right here, right in front of your face. These are the delays before Iraq can go international. They're blatantly telling you. The politics have to be completed [Kurdish agreement and a few laws] and the economic reforms. But you guys know the economic reforms can only come when the rate changes... just looking at these plain facts IMO I'm looking for the rate to probably change most likely in late September...
8-30-2020 Intel Guru Footforward Article: "Iraq: Assets frozen of 9 officials including Al-Maliki's son-in-law" Quote: "The Central Bank of Iraq has decided to freeze the assets of nine former and current officials, including the son-in-law of former Prime Minister Nouri Al-Maliki..." this is a good sign...Not a coincidence this happens two days after Trump says our troops are leaving.
8-30-2020 Newshound Guru Pimpy ...Again more international relationships being developed with Iraq. I love this...both British and Dutch Prime Ministers are coming over to meet in Iraq...this is great...additional agreements and memorandums are expected to be signed. This means more trade deals. This means a stronger economy. This is great...more people going back to work...more people paying taxes. A stronger economy leads to a stronger currency...
8-30-2020 Newshound Guru Jeff Iraq is what's called on the OFAC list. That's why most major banks [Are not dealing with it]...Citibank is and has been selling Iraq's currency...most major banks today do not sell Iraq's currency. Wells Fargo, Chase, B of A do not sell Iraq's currency and the reason why is Iraq is on the OFAC list. The OFAC list it's not so much sanctions per se it's more of a list of countries thought...to support terrorism. So because Iraq is on that list the major banks do not want to sell currencies of countries that are know to support terrorism. By their choice they do not sell and exchange Iraq's currency. But again Citibank does...
8-30-2020 Intel Guru Frank26 Article: "Economist: The government must use the exchange rate of the dollar to overcome the financial crisis" ...they need to be 1 to 1. Quote: "the increase in the exchange rate in government banks contributes to eliminating the current crisis and maximizes state resources, at a time when IRAQ needs to make a boom in the banking sector."
8-30-2020 Newshound Guru Jeff comment: "Personally I think if it happens it will be when nobody expects. Possibly over the weekend, in order to maintain low speculation." ...it actually has to happen for Iraq on a Sunday morning which is exactly when Kuwait did it. They did it on March 24th of '91...It has to happen at the very beginning of Iraq's business banking week and Iraq's first business banking day of their week is their Sunday. Also it has to happen at a point in time when all financial markets are closed around the world to minimize/reduce and control market volatility...
8-30-2020 Newshound Guru Jeff I already showed you this article a few days ago "3 reasons that prevented American investment in the past" ...This is like a slam dunk. It confirms everything I've showed you and told you...they're telling you what your delays are. Right here, right in front of your face. These are the delays before Iraq can go international. They're blatantly telling you. The politics have to be completed [Kurdish agreement and a few laws] and the economic reforms. But you guys know the economic reforms can only come when the rate changes... just looking at these plain facts IMO I'm looking for the rate to probably change most likely in late September...
8-30-2020 Intel Guru Footforward Article: "Iraq: Assets frozen of 9 officials including Al-Maliki's son-in-law" Quote: "The Central Bank of Iraq has decided to freeze the assets of nine former and current officials, including the son-in-law of former Prime Minister Nouri Al-Maliki..." this is a good sign...Not a coincidence this happens two days after Trump says our troops are leaving.
8-30-2020 Newshound Guru Pimpy ...Again more international relationships being developed with Iraq. I love this...both British and Dutch Prime Ministers are coming over to meet in Iraq...this is great...additional agreements and memorandums are expected to be signed. This means more trade deals. This means a stronger economy. This is great...more people going back to work...more people paying taxes. A stronger economy leads to a stronger currency...
8-30-2020 Newshound Guru Jeff Iraq is what's called on the OFAC list. That's why most major banks [Are not dealing with it]...Citibank is and has been selling Iraq's currency...most major banks today do not sell Iraq's currency. Wells Fargo, Chase, B of A do not sell Iraq's currency and the reason why is Iraq is on the OFAC list. The OFAC list it's not so much sanctions per se it's more of a list of countries thought...to support terrorism. So because Iraq is on that list the major banks do not want to sell currencies of countries that are know to support terrorism. By their choice they do not sell and exchange Iraq's currency. But again Citibank does...
8-30-2020 Intel Guru Frank26 Article: "Economist: The government must use the exchange rate of the dollar to overcome the financial crisis" ...they need to be 1 to 1. Quote: "the increase in the exchange rate in government banks contributes to eliminating the current crisis and maximizes state resources, at a time when IRAQ needs to make a boom in the banking sector."
8-30-2020 Newshound Guru Jeff comment: "Personally I think if it happens it will be when nobody expects. Possibly over the weekend, in order to maintain low speculation." ...it actually has to happen for Iraq on a Sunday morning which is exactly when Kuwait did it. They did it on March 24th of '91...It has to happen at the very beginning of Iraq's business banking week and Iraq's first business banking day of their week is their Sunday. Also it has to happen at a point in time when all financial markets are closed around the world to minimize/reduce and control market volatility...
8-29-2020 Newshound Guru Pimpy ...this article over here IMO is a biggie. Article "Report: Nuri al-Maliki distributed his wealth among his relatives but the "Sakhil Strike" did not miss its target!" ... we all know one of the most corrupt and high-profile people is Maliki. How he's still standing and running around free for now I couldn't understand until I got to this article. Al-Kazemi is being very strategic about this. He's laying the whammy down on corruption...he didn't go after Maliki directly only because people said [In the article]...this would be a declaration of war...any sort of direct investigation in Maliki would be considered some type of act of war within the tribes...make no doubt about it this has got to have Maliki concerned...
8-29-2020 Newshound/Intel Guru Mnt Goat ...I believe in the late fall season we may hear some news about the “project to delete the zeros” from the CBI and we will be in a better position to know where we stand with the reinstatement. We have not heard any news now for almost 2 years. We just wait...I am sorry folks that I could not bring better news to you today but there really is not much more noteworthy news. We just have to sit tight, pray and wait.
8-29-2020 Intel Guru Footforward [How close do you feel we are...] I believe we are in the time and season...
8-29-2020 Newshound Guru Jeff Iraq's currency will become internationally recognized when the rate does change. The rate change has to change basically first or at the same time but the rate change is the linchpin...the currency does not become internationally recognized till the rate change so that's the linchpin. Once that happens the currency does become internationally recognized. That's also the linchpin to when Iraq will become Article VIII compliant with the IMF. Right now Iraq is under Article VIII rules, guidelines and procedures. They have to adhere to them but they don't become Article VIII till the rate changes...
8-29-2020 Newshound Guru Pimpy ...A lot of progress going on in Iraq. Article: "Representing the Kurdistan Region in the Iraq negotiating committees in the strategic dialogue with America" This is what impresses me the most about Al-Kazemi's administration...his willingness to just get in there and get things done. It's been outstanding. This is great news for both our short-term and long-term investments...when it comes to the Iraqi dinar anything and everything that gets these guys back on their feet and helps build their economy is a benefit to us...this is a huge step because that shows Al-Kazemi's willingness to work with Kurdistan and to helps get things accomplished with the United States...
8-29-2020 Newshound Guru Kaperoni [Kuwait Devalued & ReInstated both in One Night...] ...I disagree that they did that..but even if I am wrong, Kuwait never had 42 trillion in circulation...Iraq has over 42 trillion in Iraq. That does not include what is outside the country. That is well documented...All you need to do is google Kuwait and the central bank to learn they never had that much currency. ...42 trillion? That is basic math! There cannot ever be a significant RV of the dinar.
8-29-2020 Newshound Guru Jeff Article: "Britain commends action on Baghdad and Erbil and shows commitment to addressing the broader challenges of Iraq" Quote: "the most urgent of these challenges is addressing the economic crisis facing the country..." Look at this. This is huge. Quote continues: "...through the introduction of necessary economic reforms." ...This is amazing...those reforms require funding from the budget and the budget is married to the rate change...
8-29-2020 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF OIL: THE CONTRACT WITH CHEVRON WILL MAKE IRAQ AT THE FOREFRONT OF COUNTRIES WITH ENERGY" Like I keep saying this is Iraq’s last chance to use what oil revenues they have to rebuild the country and their economy. Life is changing to outside fossil fuels. What will they finally do? Implementing the customs and tariffs must be implemented now! There is no turning back unless they want another financial crisis and this next time they will not be able to crawl their way out of it. If not for Trump’s help with US commitments they would be doomed now even.
8-29-2020 Intel/Newshound Guru sandyf Kap [Guru Kaperoni] is incorrect, the IQD is not "internationally recognised", that is a term that comes with Art 8. Currently, as all Art 14 currencies, the IQD is a non-convertible currency and when Iraq accepts the obligations of Art 8 the currency will become partially convertible and accepted by international banks. Trading internationally is something different, the IQD has been traded on Forex for many years but at the higher levels not available to most. In 2013 there were 4 Forex trading pairs and by 2018 that had increased to 11. [reference Guru Kaperoni post 8-28-2020]
8-29-2020 Newshound/Intel Guru Mnt Goat ...I believe in the late fall season we may hear some news about the “project to delete the zeros” from the CBI and we will be in a better position to know where we stand with the reinstatement. We have not heard any news now for almost 2 years. We just wait...I am sorry folks that I could not bring better news to you today but there really is not much more noteworthy news. We just have to sit tight, pray and wait.
8-29-2020 Intel Guru Footforward [How close do you feel we are...] I believe we are in the time and season...
8-29-2020 Newshound Guru Jeff Iraq's currency will become internationally recognized when the rate does change. The rate change has to change basically first or at the same time but the rate change is the linchpin...the currency does not become internationally recognized till the rate change so that's the linchpin. Once that happens the currency does become internationally recognized. That's also the linchpin to when Iraq will become Article VIII compliant with the IMF. Right now Iraq is under Article VIII rules, guidelines and procedures. They have to adhere to them but they don't become Article VIII till the rate changes...
8-29-2020 Newshound Guru Pimpy ...A lot of progress going on in Iraq. Article: "Representing the Kurdistan Region in the Iraq negotiating committees in the strategic dialogue with America" This is what impresses me the most about Al-Kazemi's administration...his willingness to just get in there and get things done. It's been outstanding. This is great news for both our short-term and long-term investments...when it comes to the Iraqi dinar anything and everything that gets these guys back on their feet and helps build their economy is a benefit to us...this is a huge step because that shows Al-Kazemi's willingness to work with Kurdistan and to helps get things accomplished with the United States...
8-29-2020 Newshound Guru Kaperoni [Kuwait Devalued & ReInstated both in One Night...] ...I disagree that they did that..but even if I am wrong, Kuwait never had 42 trillion in circulation...Iraq has over 42 trillion in Iraq. That does not include what is outside the country. That is well documented...All you need to do is google Kuwait and the central bank to learn they never had that much currency. ...42 trillion? That is basic math! There cannot ever be a significant RV of the dinar.
8-29-2020 Newshound Guru Jeff Article: "Britain commends action on Baghdad and Erbil and shows commitment to addressing the broader challenges of Iraq" Quote: "the most urgent of these challenges is addressing the economic crisis facing the country..." Look at this. This is huge. Quote continues: "...through the introduction of necessary economic reforms." ...This is amazing...those reforms require funding from the budget and the budget is married to the rate change...
8-29-2020 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF OIL: THE CONTRACT WITH CHEVRON WILL MAKE IRAQ AT THE FOREFRONT OF COUNTRIES WITH ENERGY" Like I keep saying this is Iraq’s last chance to use what oil revenues they have to rebuild the country and their economy. Life is changing to outside fossil fuels. What will they finally do? Implementing the customs and tariffs must be implemented now! There is no turning back unless they want another financial crisis and this next time they will not be able to crawl their way out of it. If not for Trump’s help with US commitments they would be doomed now even.
8-29-2020 Intel/Newshound Guru sandyf Kap [Guru Kaperoni] is incorrect, the IQD is not "internationally recognised", that is a term that comes with Art 8. Currently, as all Art 14 currencies, the IQD is a non-convertible currency and when Iraq accepts the obligations of Art 8 the currency will become partially convertible and accepted by international banks. Trading internationally is something different, the IQD has been traded on Forex for many years but at the higher levels not available to most. In 2013 there were 4 Forex trading pairs and by 2018 that had increased to 11. [reference Guru Kaperoni post 8-28-2020]
8-28-2020 Intel Guru Frank26 I don't have a date. I see solid reasons for it to happen in the next 5 seconds as the same way I see solid reasons for it to happen at the end of this year. It doesn't matter to me. What matters to me is the progress, the movement.
8-28-2020 Intel Guru Bruce ...I’m not sure about Iraq – whether they are going to show that rate as early...this coming Sunday - I’ve got information that says they may show the new international rate on Sunday...we know that the rates have already changed in country – least we have been told they have – and now we just wait and see what Iraq does in terms of the international rate...They may have a rate that is already known within certain countries of the Middle East – that they are trading with – so it is nothing we have to worry about...the nice thing is they all agree – very different sources from the highest banking sources – in corporate offices and all the other sources we talk to... [post 2 of 2]
8-28-2020 Intel Guru Bruce [via WiserNow] Let’s take a look at where we are because we finally got some conclusive intel today that seems to make an agreement consensus with all intel sources that I am using - that I have – all different directions coming together on the same page...It’s interesting because we do have a consensus from all of my sources...Now – here’s the thing – we talked Tuesday night about the possibility of a Wed/Thurs/Friday timeframe...Now we had the impression that this could go any day almost any minute...that is what I had at the time on Tuesday and we told you – and we said this for years I guess - that this is a moving target and things do change...Now...we are supposed to be notified and start setting our appointments either Monday or Tuesday - this coming...Monday is a ?? question mark – I don’t know that we would but I do believe we would start on the first day of September – that is Tuesday... [post 1 of 2....stay tuned]
8-28-2020 Newshound Guru Jeff I've been telling you since June you're waiting for Kurdistan and Baghdad to reach that comprehensive agreement. Iraq has to have stability. It's that simple...U.S companies have not been investing in Iraq the last 3 years and one of the reason was because Kurdistan and Baghdad have to make an agreement...
8-28-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQI FINANCE CONFIRMS TO PROCEED WITH A PLAN TO AUTOMATE CUSTOMS TRANSACTIONS AND PROCEDURES" ...remember I told you this automated system needs to tie into currency rates on FOREX. The dinar has to be on FOREX for this to work. We have heard about them doing this for years now. I think they are now finally going to do it.
8-28-2020 Intel Guru MarkZ [via PDK] ...Remember they are releasing a lot of misinformation now…and I am trying to piece through it...I am still excited about where we are at. [So they have kicked the can once again…] I don’t believe the can is being kicked. More and more of my sources say it’s on a fixed schedule now. It’s moving forward slowly and methodically...
8-28-2020 Newshound Guru Jeff Statement: "The CBI hasn't initiated the project to delete the zeros." They are not going to tell you when they initiated. You won't even know when it's initiated. You'll know when it's just done. You're just gonna wake up one morning on a Sunday and be like 'Oh, rate change -ya!"
8-28-2020 Newshound Guru Kaperoni ...The real problems are structurally with in Iraq. When the authorities are ready, they will move the financial system and pass the laws to encourage foreign investment. This has nothing to do with the value of the currency. The value of the currency will be determined by the success/growth of the economy and the pressure created on the financial system as a result of significant investment...nothing is arbitrary or random in monetary policy. [post 2 of 2]
8-28-2020 Newshound Guru Kaperoni ...guru Frank26 keeps talking about a sovereign currency, as if Iraq doesn't have one. They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he just doesn't like the value LOL. But 1190 is the value. There is no RV. The Iraqi dinar is globally recognized oh, they do follow the IMF Charter. It just isn't really accepted internationally because they haven't moved the banking system from Article XIV to VIII. Part of the charter of the IMF is that countries that have developing banking systems are always aspiring to engage with the world financial system and be in Article VIII. If you read the Article IV Consultations with Iraq you will see that they have encouraged Iraq to meet the obligations of Article VIII and move to Article VIII to send a positive message to the global investment community. [post 1 of 2....stay tuned]
8-28-2020 Intel Guru Bruce ...I’m not sure about Iraq – whether they are going to show that rate as early...this coming Sunday - I’ve got information that says they may show the new international rate on Sunday...we know that the rates have already changed in country – least we have been told they have – and now we just wait and see what Iraq does in terms of the international rate...They may have a rate that is already known within certain countries of the Middle East – that they are trading with – so it is nothing we have to worry about...the nice thing is they all agree – very different sources from the highest banking sources – in corporate offices and all the other sources we talk to... [post 2 of 2]
8-28-2020 Intel Guru Bruce [via WiserNow] Let’s take a look at where we are because we finally got some conclusive intel today that seems to make an agreement consensus with all intel sources that I am using - that I have – all different directions coming together on the same page...It’s interesting because we do have a consensus from all of my sources...Now – here’s the thing – we talked Tuesday night about the possibility of a Wed/Thurs/Friday timeframe...Now we had the impression that this could go any day almost any minute...that is what I had at the time on Tuesday and we told you – and we said this for years I guess - that this is a moving target and things do change...Now...we are supposed to be notified and start setting our appointments either Monday or Tuesday - this coming...Monday is a ?? question mark – I don’t know that we would but I do believe we would start on the first day of September – that is Tuesday... [post 1 of 2....stay tuned]
8-28-2020 Newshound Guru Jeff I've been telling you since June you're waiting for Kurdistan and Baghdad to reach that comprehensive agreement. Iraq has to have stability. It's that simple...U.S companies have not been investing in Iraq the last 3 years and one of the reason was because Kurdistan and Baghdad have to make an agreement...
8-28-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQI FINANCE CONFIRMS TO PROCEED WITH A PLAN TO AUTOMATE CUSTOMS TRANSACTIONS AND PROCEDURES" ...remember I told you this automated system needs to tie into currency rates on FOREX. The dinar has to be on FOREX for this to work. We have heard about them doing this for years now. I think they are now finally going to do it.
8-28-2020 Intel Guru MarkZ [via PDK] ...Remember they are releasing a lot of misinformation now…and I am trying to piece through it...I am still excited about where we are at. [So they have kicked the can once again…] I don’t believe the can is being kicked. More and more of my sources say it’s on a fixed schedule now. It’s moving forward slowly and methodically...
8-28-2020 Newshound Guru Jeff Statement: "The CBI hasn't initiated the project to delete the zeros." They are not going to tell you when they initiated. You won't even know when it's initiated. You'll know when it's just done. You're just gonna wake up one morning on a Sunday and be like 'Oh, rate change -ya!"
8-28-2020 Newshound Guru Kaperoni ...The real problems are structurally with in Iraq. When the authorities are ready, they will move the financial system and pass the laws to encourage foreign investment. This has nothing to do with the value of the currency. The value of the currency will be determined by the success/growth of the economy and the pressure created on the financial system as a result of significant investment...nothing is arbitrary or random in monetary policy. [post 2 of 2]
8-28-2020 Newshound Guru Kaperoni ...guru Frank26 keeps talking about a sovereign currency, as if Iraq doesn't have one. They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he just doesn't like the value LOL. But 1190 is the value. There is no RV. The Iraqi dinar is globally recognized oh, they do follow the IMF Charter. It just isn't really accepted internationally because they haven't moved the banking system from Article XIV to VIII. Part of the charter of the IMF is that countries that have developing banking systems are always aspiring to engage with the world financial system and be in Article VIII. If you read the Article IV Consultations with Iraq you will see that they have encouraged Iraq to meet the obligations of Article VIII and move to Article VIII to send a positive message to the global investment community. [post 1 of 2....stay tuned]
8-27-2020 Intel Guru Frank26 ... Iran influence in the government, in the banking structure, in their streets - is the only reason why we don't have the new currency rate...the mess is Iran . That's all there is to it. They are the parasite and how do you get rid of them? ...all the arresting. All the court appearances. Everything that they've done and now there's just one final thing left to do...dissolve...to me that is the next step that is what has been given to Kazemi...get rid of the final remaining Iranian influence...
8-27-2020 Intel Guru MarkZ [via PDK] [Are we going to be able to buy currency in the second or third basket…] I am told it all goes into the first basket but a number of currencies will be allowed to free float over time …..So I am planning on investing after the first basket…
8-27-2020 Newshound/Intel Guru Mnt Goat I am told to expect details on the rollout of the lower denominations sometime in October with the rollout in late November thru December. If this does not happen it will be delayed further. This news tells me that they plan to complete the project to delete the zeros late this year, but will not move to the global markets on FOREX with the currency until very early next year 2021. They are still currently under OFAC sanctions. My contact sees things maybe changing as a result of Al-Kazemi’s visit to the US this week.
8-27-2020 Newshound Guru Adam Montana Articles: "The Ministry of Interior launches a service on citizens' phones to facilitate transactions"; "Iraqi Finance confirms to proceed with a plan to automate customs transactions and procedures"
I know Iraq may seem slow and dated and waiting for them to do something with their currency can be frustrating for us. At the same time, it's important to understand that Iraq is not full of dummies. They are approaching new territory, with a very clean slate, and they can utilize new technology to accomplish something that would have been very difficult before today's technology existed.
8-27-2020 Intel Guru MarkZ [via PDK] There is a difference from what the intel boards are saying then what the bankers, banking centers and attorneys are saying…very different...I assume there is dis-information being sown out there on purpose on the boards because the people actually involved in the reset are not hearing those same things. Bankers say there is a set schedule and it’s moving forward. It all sounds good and they keep reassuring me things are moving…they are happier now then I’ve seen them in this process. We should all hang tight and stay calm. I have always said this is a “when” not an “if”...
8-27-2020 Intel Guru Frank26 A sovereign country does not exist unless it has a sovereign currency. It's that simple. It doesn't take a genius to figure that out. If you have a sanctioned currency you're not sovereign. It doesn't take a phi beta kappa to understand that. We told you the key word was "sovereign". All of a sudden two days later you see it everywhere coming out of Kazemi, from Pence, Trump. Everybody's saying the same word that we gave you as a key word...
8-27-2020 Newshound Guru Pimpy ...I don't have any faith in 800#s nor these so-called redemption centers...one person posted a so called 800# and I called it. It went to a pizza place...Here's my opinion...people will go and do anything if they could scam people. What I think these redemption centers are...they'll promise you a specific rate or say they can exchange it for you or say they're the only licensed people to exchange on your behalf. They're gonna lie. That's just my opinion. Then all of a sudden you get your dinar over to them and then they redeem it for the proper rate and take their cut of the pie. That's what I think these are...I'm saying I think they're bullshit...what I'm saying is please be careful...talk to your local banks. You don't have to tell them you have Iraqi dinar, just simply ask them, 'Hey if I want to come in and exchange my currency how does this work? Do I just come straight to you?' And they'll tell you yes you do or no you don't. Maybe they'll want you to call an 800# but let the banks tell you that...go find out for yourself...this way you'll already know in advance...
8-27-2020 Intel Guru MarkZ [via PDK] Many people are afraid there won’t be 800 numbers… I am told there will be and we will receive those via a secure link. This comes from high up banking contacts. And there will be instructions on how to exchange…I am not a bit worried. I have complete and total faith there will be a secure link and/or 800 numbers. I have been told this over and over by well connected people and people who have help set up redemption centers...
8-27-2020 Intel Guru MarkZ [via PDK] [Are we going to be able to buy currency in the second or third basket…] I am told it all goes into the first basket but a number of currencies will be allowed to free float over time …..So I am planning on investing after the first basket…
8-27-2020 Newshound/Intel Guru Mnt Goat I am told to expect details on the rollout of the lower denominations sometime in October with the rollout in late November thru December. If this does not happen it will be delayed further. This news tells me that they plan to complete the project to delete the zeros late this year, but will not move to the global markets on FOREX with the currency until very early next year 2021. They are still currently under OFAC sanctions. My contact sees things maybe changing as a result of Al-Kazemi’s visit to the US this week.
8-27-2020 Newshound Guru Adam Montana Articles: "The Ministry of Interior launches a service on citizens' phones to facilitate transactions"; "Iraqi Finance confirms to proceed with a plan to automate customs transactions and procedures"
I know Iraq may seem slow and dated and waiting for them to do something with their currency can be frustrating for us. At the same time, it's important to understand that Iraq is not full of dummies. They are approaching new territory, with a very clean slate, and they can utilize new technology to accomplish something that would have been very difficult before today's technology existed.
8-27-2020 Intel Guru MarkZ [via PDK] There is a difference from what the intel boards are saying then what the bankers, banking centers and attorneys are saying…very different...I assume there is dis-information being sown out there on purpose on the boards because the people actually involved in the reset are not hearing those same things. Bankers say there is a set schedule and it’s moving forward. It all sounds good and they keep reassuring me things are moving…they are happier now then I’ve seen them in this process. We should all hang tight and stay calm. I have always said this is a “when” not an “if”...
8-27-2020 Intel Guru Frank26 A sovereign country does not exist unless it has a sovereign currency. It's that simple. It doesn't take a genius to figure that out. If you have a sanctioned currency you're not sovereign. It doesn't take a phi beta kappa to understand that. We told you the key word was "sovereign". All of a sudden two days later you see it everywhere coming out of Kazemi, from Pence, Trump. Everybody's saying the same word that we gave you as a key word...
8-27-2020 Newshound Guru Pimpy ...I don't have any faith in 800#s nor these so-called redemption centers...one person posted a so called 800# and I called it. It went to a pizza place...Here's my opinion...people will go and do anything if they could scam people. What I think these redemption centers are...they'll promise you a specific rate or say they can exchange it for you or say they're the only licensed people to exchange on your behalf. They're gonna lie. That's just my opinion. Then all of a sudden you get your dinar over to them and then they redeem it for the proper rate and take their cut of the pie. That's what I think these are...I'm saying I think they're bullshit...what I'm saying is please be careful...talk to your local banks. You don't have to tell them you have Iraqi dinar, just simply ask them, 'Hey if I want to come in and exchange my currency how does this work? Do I just come straight to you?' And they'll tell you yes you do or no you don't. Maybe they'll want you to call an 800# but let the banks tell you that...go find out for yourself...this way you'll already know in advance...
8-27-2020 Intel Guru MarkZ [via PDK] Many people are afraid there won’t be 800 numbers… I am told there will be and we will receive those via a secure link. This comes from high up banking contacts. And there will be instructions on how to exchange…I am not a bit worried. I have complete and total faith there will be a secure link and/or 800 numbers. I have been told this over and over by well connected people and people who have help set up redemption centers...
8-26-2020 Intel Guru RayRen98 [Did Ray say what his text was about?] THE TEXT WAS FROM A BANK SOURCE - INDICATING "THIS WEEK" AS THEIR EXPECTED LAST WEEK WAITING TO EXCHANGE. TIME WILL TELL!!
8-26-2020 Intel Guru Delta ...the Central Bank of Iraq will tell you exactly what they're about to do. I'm waiting for a beautiful and very important article that should come up. It could be a day. It could be weeks...the article about lifting the 3 zeros...that's what's going to put a stop to all the speculations...
8-26-2020 Intel Guru Bruce [via WiserNow] ...Guys, this is it – we are close...I’ll tell you from some bank sources that we like very very much – they’re looking at...us...to get started as early as tomorrow – (Wednesday)... There are other people that are looking very hard at Thursday - for us to get started...I am going to say right now from Wednesday to Friday is prime time – That is really looking good...Could it slip to Saturday? It is possible yes...but I believe it is to start this week...I think everything is pointing towards it – and I’m just giving you what I’ve got...and that is looking very strong for Wednesday – Thursday – or Friday of this week...
8-26-2020 Intel Guru Frank26 ...the biggest thing that came out of this meeting [The Washington Meeting], actually is two things. 1. A commitment from Kazemi to Donald Trump that Iraq will de-dollarize and 2. The acceptance that they are going to announce that they have a change in their exchange rate. That they have added value to their currency. That's the only reason why you see Donald Trump give all these contracts to Kazemi. Why didn't they hand them out before? The week before? The month before? The year before? They didn't qualify for it. The "white papers" have been all checked off. Every benchmark on those "white papers" is done. Now the question is Kazemi...Are you ready to make the announcement of everything that is in those "white papers"? ...we do not have the authority to tell them to raise the value of their currency. Their bank. Their government. Their Prime Minister. Their Leaders. They're the ones that make that decision.
8-26-2020 Intel Guru MarkZ [via PDK] The news is painfully quiet out of banking centers right now...I am told they have a set schedule now and its rolling out quickly. They are really leaning on banking folks to stay quiet.
8-26-2020 Newshound Guru Adam Montana Articles: "The Council of Ministers holds its regular session headed by Al-Kazemi"; "Al-Kazemi: The challenges are great and we have an opportunity to take the country to the right path" Kazzammie is back from the US. By all reports, his meeting with President Trump went well...the feeling is pretty simple - moving on, moving forward, the future is bright. ...Kazzammie is not only back from a potentially important meeting, but he is back and right back to it...Overall, we have so much to be positive about - the new PM in Iraq is just cruising along, accomplishing things, crushing it. The riots and protests that came before him are a thing of the past. There is a standing agreement regarding the Budget that is on track to be set in stone, and believe it or not... we're talking about agreements happening ahead of normal schedule. This is like no other time in Iraq's recent history, and it's pretty exciting...GOOOO RRRRRRRVVVVV!!!!!
8-26-2020 Intel Guru Frank26 ...I'm of the point of view that it can happen at any moment. I believe that the rate can be changed because it's already changed. All that is needed is for the rate change to be announced...I know Donald Trump met with Kazemi for the purpose of talking about the currency of their country. One of the biggest things that came out of this meeting IMO is a commitment from Kazemi...Kazemi has promised Donald Trump to de-dollarize Iraq...
8-26-2020 Intel Guru RayRen98 [...Bank Appointments this week?] I'M HEARING OF SEVERAL TAKING PLACE THIS WEEK...PROGRESS IN THE MAKING!
8-26-2020 Intel Guru Frank26 ...this cannot happen with a non-sovereign country. This cannot happen with a non-sovereign currency. All of this business, all of these contracts...Donald Trump is a businessman...as the days go by, as the weeks go by we're going to learn more and more about what Trump has given to Kazemi for Iraq. We're going to learn more and more about these meetings...Trump wants to see dollar signs...Trump wants the end results to be the black ink. We don't want no red. Trump wants to see dollar signs. This is all about business...Iraq's economy is about to explode nuclear.
8-26-2020 Intel Guru Delta What do you think is the importance of Kurdistan traveling with Kazemi to come to Washington D.C.? That's really significant...this is the first time I see Kurdistan traveling with the official government from central Baghdad...I think this is very huge...it gives you indication that there are unity between them. You know if they're not happy you'll never see them traveling all the way down to the U.S...you know what's going to make them more united right? The new currency...lower denominations...have the Kurdish language on it...that part too is going to unite the whole country...so this is a major and a huge significant part for them to join the government with the negotiation and those contracts with the U.S...
8-26-2020 Newshound/Intel Guru Mnt Goat ...President Trump is mandating that the Iranian militias be disbanded and guns taken away. Folks, this is what we have been waiting for since 2014. This is WOW news. It is about time. But this would not have happened without Trump. So we let this play out and watch the stability come back to Iraq slowly. This will lead to a climate that they can then rebuild the country and their economy.
8-26-2020 Newshound Guru Pimpy A lot of positive energy coming out of Iraq. They seem to be going everywhere and getting things accomplished...ever since our boy Al-Kazemi has gotten into office Iraq has been really really busy... Article" "The disclosure of 5 type of support that Al-Kazemi obtained during his recent visit to Washington" ...They feel they got a lot of respect from Trump and in fact them acknowledging their government is really key to the growth of Iraq...
8-26-2020 Intel Guru Delta ...the Central Bank of Iraq will tell you exactly what they're about to do. I'm waiting for a beautiful and very important article that should come up. It could be a day. It could be weeks...the article about lifting the 3 zeros...that's what's going to put a stop to all the speculations...
8-26-2020 Intel Guru Bruce [via WiserNow] ...Guys, this is it – we are close...I’ll tell you from some bank sources that we like very very much – they’re looking at...us...to get started as early as tomorrow – (Wednesday)... There are other people that are looking very hard at Thursday - for us to get started...I am going to say right now from Wednesday to Friday is prime time – That is really looking good...Could it slip to Saturday? It is possible yes...but I believe it is to start this week...I think everything is pointing towards it – and I’m just giving you what I’ve got...and that is looking very strong for Wednesday – Thursday – or Friday of this week...
8-26-2020 Intel Guru Frank26 ...the biggest thing that came out of this meeting [The Washington Meeting], actually is two things. 1. A commitment from Kazemi to Donald Trump that Iraq will de-dollarize and 2. The acceptance that they are going to announce that they have a change in their exchange rate. That they have added value to their currency. That's the only reason why you see Donald Trump give all these contracts to Kazemi. Why didn't they hand them out before? The week before? The month before? The year before? They didn't qualify for it. The "white papers" have been all checked off. Every benchmark on those "white papers" is done. Now the question is Kazemi...Are you ready to make the announcement of everything that is in those "white papers"? ...we do not have the authority to tell them to raise the value of their currency. Their bank. Their government. Their Prime Minister. Their Leaders. They're the ones that make that decision.
8-26-2020 Intel Guru MarkZ [via PDK] The news is painfully quiet out of banking centers right now...I am told they have a set schedule now and its rolling out quickly. They are really leaning on banking folks to stay quiet.
8-26-2020 Newshound Guru Adam Montana Articles: "The Council of Ministers holds its regular session headed by Al-Kazemi"; "Al-Kazemi: The challenges are great and we have an opportunity to take the country to the right path" Kazzammie is back from the US. By all reports, his meeting with President Trump went well...the feeling is pretty simple - moving on, moving forward, the future is bright. ...Kazzammie is not only back from a potentially important meeting, but he is back and right back to it...Overall, we have so much to be positive about - the new PM in Iraq is just cruising along, accomplishing things, crushing it. The riots and protests that came before him are a thing of the past. There is a standing agreement regarding the Budget that is on track to be set in stone, and believe it or not... we're talking about agreements happening ahead of normal schedule. This is like no other time in Iraq's recent history, and it's pretty exciting...GOOOO RRRRRRRVVVVV!!!!!
8-26-2020 Intel Guru Frank26 ...I'm of the point of view that it can happen at any moment. I believe that the rate can be changed because it's already changed. All that is needed is for the rate change to be announced...I know Donald Trump met with Kazemi for the purpose of talking about the currency of their country. One of the biggest things that came out of this meeting IMO is a commitment from Kazemi...Kazemi has promised Donald Trump to de-dollarize Iraq...
8-26-2020 Intel Guru RayRen98 [...Bank Appointments this week?] I'M HEARING OF SEVERAL TAKING PLACE THIS WEEK...PROGRESS IN THE MAKING!
8-26-2020 Intel Guru Frank26 ...this cannot happen with a non-sovereign country. This cannot happen with a non-sovereign currency. All of this business, all of these contracts...Donald Trump is a businessman...as the days go by, as the weeks go by we're going to learn more and more about what Trump has given to Kazemi for Iraq. We're going to learn more and more about these meetings...Trump wants to see dollar signs...Trump wants the end results to be the black ink. We don't want no red. Trump wants to see dollar signs. This is all about business...Iraq's economy is about to explode nuclear.
8-26-2020 Intel Guru Delta What do you think is the importance of Kurdistan traveling with Kazemi to come to Washington D.C.? That's really significant...this is the first time I see Kurdistan traveling with the official government from central Baghdad...I think this is very huge...it gives you indication that there are unity between them. You know if they're not happy you'll never see them traveling all the way down to the U.S...you know what's going to make them more united right? The new currency...lower denominations...have the Kurdish language on it...that part too is going to unite the whole country...so this is a major and a huge significant part for them to join the government with the negotiation and those contracts with the U.S...
8-26-2020 Newshound/Intel Guru Mnt Goat ...President Trump is mandating that the Iranian militias be disbanded and guns taken away. Folks, this is what we have been waiting for since 2014. This is WOW news. It is about time. But this would not have happened without Trump. So we let this play out and watch the stability come back to Iraq slowly. This will lead to a climate that they can then rebuild the country and their economy.
8-26-2020 Newshound Guru Pimpy A lot of positive energy coming out of Iraq. They seem to be going everywhere and getting things accomplished...ever since our boy Al-Kazemi has gotten into office Iraq has been really really busy... Article" "The disclosure of 5 type of support that Al-Kazemi obtained during his recent visit to Washington" ...They feel they got a lot of respect from Trump and in fact them acknowledging their government is really key to the growth of Iraq...
8-25-2020 Newshound/Intel Guru Petra ...nothing starts until that rate changes. All these plans/projects with the IMF, with the World Bank, with the Arab Monetary Fund, with the United States Treasury, with the Fab 4, nothing starts until that rate changes. So right now it's all talk. We need to see them act...they're meeting with all the right people so that's great progress...they're not discussing peanut butter and jelly sandwiches. They're talking about the future and a rate and programs and those 11 billion dollars in contracts that Kazemi signed over here has got to have performance clauses in it - ie timing. And a rate. The rate has got to be there. It's got to be at an equitable rate...Obviously a lot has gone on behind the scenes that we were not aware of because they've kept it quite. I'm sure there's a lot more stuff we're going to learn about in the next few days that we have no idea that happened...
8-25-2020 Newshound/Intel Guru Mnt Goat I know many of you were very disappointed that the August window did not open up as I expected it might. Trust me I too am VERY disappointed along with you. I was only relaying to you what my contact in the CBI told me they were targeting but could not pull it off as planned. Now that they are closer to January (the most opportune time to reinstate) they are just going to wait and ensure everything is set. This gives them 4 more months. But the news this week was all still very good and Iraq is moving in the right direction.
8-25-2020 Intel Guru Frank26 Kazimi came back to Iraq to a hornet's nest...he found out that there were millions of dollars that were stolen from the CBI auction while he was gone. He found out who did it and arrested hundreds and hundreds of people from the government...IMO you are about to see, maybe because of orders that were given to Kazemi, parliament dissolved...IMO Kazemi has come back with some powerful orders...Kazemi has to clean up and that's what he's doing...a change in the guard is coming in the Middle East and in Iraq...
8-25-2020 Guest Guru claud39 Article: "The Central Bank renews the ISO Quality Management System Certificate in Cash Management" ...I can not wait to see the beginning of the year 2021...try to convince me that they are not going abroad for currency exchange, since 2015 the project has been the total change of their banking system, i.e. financial inclusion, staff training, installation of ATMs, FATF monitoring, and also which is the monetary fund project that by 2030 all countries will do financial inclusion like Iraq is currently doing, etc ...As I mention I am...only someone who shares news about Iraq, and it is the news of what is happening in Iraq that gives us signs of change since the new prime minister...
8-25-2020 Intel Guru Footforward When Iraq did their budget they had said they wanted to come back half way through the year to re-evaluate the budget. Only two reasons to do so in my opinion. RV or a significant jump in oil. They also have educated the citizens for months now. [Guru] Delta himself talked about this months ago. To say they now have to educate the citizens I don't agree with. Part of the reason they are rioting and protesting is because they have been told this change is coming and it hasn't happened yet. Also in my opinion they have to revalue over night. I have a really strong reason for that opinion. Heck even people in the GOI are publicly calling for this now. Maybe [Guru] Delta is right. Maybe they do wait for the new fiscal year. But Kuwait lied before they revalued. History does tend to repeat itself. I don't think they would just give away the time frame so clearly. Just my opinion.
8-25-2020 Intel Guru MarkZ [via PDK] [Is it soup yet?] I believe the soup is in the pot and cooking right now. Still quiet from the banking centers...I spoke with a very good government contact who told me that “this schedule is very much set” and there is a lot of pressure on to be very quiet. At this point I believe the schedule is set and it’s rolling out. ...I believe everything will be in place by Oct 1st. I believe over the next week or two we have to start seeing activity...
8-25-2020 Newshound Guru Pimpy To me the Iraqi dinar and the Vietnam dong are what I call a low risk high reward possibility...I could tell you that I own personally 4 million dinars and about 6 million Vietnam dong. Because what I did is I set a limit for myself...when you tell people that 'Oh you must not have faith in it!' What the hell? Because they think the amount I'm holding is too low. That's not true. I'm just limiting my holding...because this could be a risk. There is nothing out there guaranteeing that a rate change is going to come...Nothing whatsoever...IMPO I think there's a pretty good chance that this is going to happen. I'm not going to sit here and lie to you and blow smoke up your ass and tell you that I Know for sure because nobody knows. I can tell you I've done plenty of research and there's plenty of reason to believe that what happened to the Kuwait dinar will happen to the Iraqi dinar...holding on to Iraqi dinar I think is a smart investment. Don't get carried away and buy a billion, trillion quadrillion dinar. Don't do that. Just hang tight...
8-25-2020 Intel Guru Frank26 ...the treatment that Kazemi received was first class. It was the most respectful...the plan was for Kazemi to meet the Fab 4 in Washington D.C...it was a whole lot more than you can imagine that came with Kazemi. It was a very very large entourage. They had covered many different subjects...but the majority of what they were covering was the currency of their country, their economic growth of their country...notice I didn't say monetary reform. Because that's in the 'white papers' and it is complete. Done. Everything is signed. Iraq needs to announce that they have a new exchange rate...
8-25-2020 Newshound Guru MilitiaMan Article: "A leader in victory talks about the reasons behind Washington's keenness to improve the relationship between Baghdad and Erbil" They have an agreement. They are completing automation at the borders and customs ports. They have not paid salaries yet and the Ministry of Finance has said to not yet, as there is equality issues to deal with. They have the newly updated ISO Certificate. Based on best practices and equality. Don't think for a minute this is not all related to economic reforms being implemented... imo
8-25-2020 Newshound/Intel Guru Mnt Goat I know many of you were very disappointed that the August window did not open up as I expected it might. Trust me I too am VERY disappointed along with you. I was only relaying to you what my contact in the CBI told me they were targeting but could not pull it off as planned. Now that they are closer to January (the most opportune time to reinstate) they are just going to wait and ensure everything is set. This gives them 4 more months. But the news this week was all still very good and Iraq is moving in the right direction.
8-25-2020 Intel Guru Frank26 Kazimi came back to Iraq to a hornet's nest...he found out that there were millions of dollars that were stolen from the CBI auction while he was gone. He found out who did it and arrested hundreds and hundreds of people from the government...IMO you are about to see, maybe because of orders that were given to Kazemi, parliament dissolved...IMO Kazemi has come back with some powerful orders...Kazemi has to clean up and that's what he's doing...a change in the guard is coming in the Middle East and in Iraq...
8-25-2020 Guest Guru claud39 Article: "The Central Bank renews the ISO Quality Management System Certificate in Cash Management" ...I can not wait to see the beginning of the year 2021...try to convince me that they are not going abroad for currency exchange, since 2015 the project has been the total change of their banking system, i.e. financial inclusion, staff training, installation of ATMs, FATF monitoring, and also which is the monetary fund project that by 2030 all countries will do financial inclusion like Iraq is currently doing, etc ...As I mention I am...only someone who shares news about Iraq, and it is the news of what is happening in Iraq that gives us signs of change since the new prime minister...
8-25-2020 Intel Guru Footforward When Iraq did their budget they had said they wanted to come back half way through the year to re-evaluate the budget. Only two reasons to do so in my opinion. RV or a significant jump in oil. They also have educated the citizens for months now. [Guru] Delta himself talked about this months ago. To say they now have to educate the citizens I don't agree with. Part of the reason they are rioting and protesting is because they have been told this change is coming and it hasn't happened yet. Also in my opinion they have to revalue over night. I have a really strong reason for that opinion. Heck even people in the GOI are publicly calling for this now. Maybe [Guru] Delta is right. Maybe they do wait for the new fiscal year. But Kuwait lied before they revalued. History does tend to repeat itself. I don't think they would just give away the time frame so clearly. Just my opinion.
8-25-2020 Intel Guru MarkZ [via PDK] [Is it soup yet?] I believe the soup is in the pot and cooking right now. Still quiet from the banking centers...I spoke with a very good government contact who told me that “this schedule is very much set” and there is a lot of pressure on to be very quiet. At this point I believe the schedule is set and it’s rolling out. ...I believe everything will be in place by Oct 1st. I believe over the next week or two we have to start seeing activity...
8-25-2020 Newshound Guru Pimpy To me the Iraqi dinar and the Vietnam dong are what I call a low risk high reward possibility...I could tell you that I own personally 4 million dinars and about 6 million Vietnam dong. Because what I did is I set a limit for myself...when you tell people that 'Oh you must not have faith in it!' What the hell? Because they think the amount I'm holding is too low. That's not true. I'm just limiting my holding...because this could be a risk. There is nothing out there guaranteeing that a rate change is going to come...Nothing whatsoever...IMPO I think there's a pretty good chance that this is going to happen. I'm not going to sit here and lie to you and blow smoke up your ass and tell you that I Know for sure because nobody knows. I can tell you I've done plenty of research and there's plenty of reason to believe that what happened to the Kuwait dinar will happen to the Iraqi dinar...holding on to Iraqi dinar I think is a smart investment. Don't get carried away and buy a billion, trillion quadrillion dinar. Don't do that. Just hang tight...
8-25-2020 Intel Guru Frank26 ...the treatment that Kazemi received was first class. It was the most respectful...the plan was for Kazemi to meet the Fab 4 in Washington D.C...it was a whole lot more than you can imagine that came with Kazemi. It was a very very large entourage. They had covered many different subjects...but the majority of what they were covering was the currency of their country, their economic growth of their country...notice I didn't say monetary reform. Because that's in the 'white papers' and it is complete. Done. Everything is signed. Iraq needs to announce that they have a new exchange rate...
8-25-2020 Newshound Guru MilitiaMan Article: "A leader in victory talks about the reasons behind Washington's keenness to improve the relationship between Baghdad and Erbil" They have an agreement. They are completing automation at the borders and customs ports. They have not paid salaries yet and the Ministry of Finance has said to not yet, as there is equality issues to deal with. They have the newly updated ISO Certificate. Based on best practices and equality. Don't think for a minute this is not all related to economic reforms being implemented... imo
8-24-2020 Newshound Guru Pimpy You hear these stories that the Iraq investment is a scam. Let me just tell you this, I've done a lot of research. I can tell you that the Iraqi dinar has been used as a tool to commit scams. The Iraqi dinar itself is not a scam. You could purchase it and you can sell it. You can use it if you were in Iraq. So no it's not a scam. If it was a scam you wouldn't be able to use the currency at all...
8-24-2020 Newshound Guru MilitiaMan Article: "The Central Bank renews the ISO Quality Management System Certificate in Cash Management" They are certified again and that will be a leg up going into the new social market economy they are going to... imo.
8-24-2020 Intel Guru MarkZ [via PDK] ...My currency people are now looking at the long Labor Day weekend…So my fingers are crossed for then... Mr. C [Guru Mike Cottrell] still thinks Nov…I think the latest is Oct. 1st but looking for it sooner than that. My opinion is they need us to go in and exchange before Oct. 1st. We all want to wish Okie [Guru OkieOilMan] a big Happy Birthday today!!!
8-24-2020 Newshound Guru Pimpy Iraq was invaded. The value was dropped. Once the invasion was over in 2003 they swapped out the old (Swiss) Iraqi dinars - the ones with Saddam Hussein's face were taken out and the new dinars put in, which are the ones we see now. What everybody's hoping is that when it's time, that they reinstate the rate and the rate at the time was $3.22. That's what a lot of people are hoping will happen again. There are a bunch of different arguments going both ways...on whether this will happen...You should approach knowing...all investments are a risk... [Post 3 of 3]
8-24-2020 Newshound Guru Pimpy Then all of sudden they got invaded. Well they dropped it down to where you could get a million Kuwait dinars (I'm just making this up) for 10 dollars. So they do that on purpose. Then as soon as they got Iraq out of Kuwait and they started getting back on their feet all they did was reinstate the rate so it went right back up to where it was - over $3. So those individuals who happen to be holding onto the Kuwait dinar, some people for some reason somehow knew about it ahead of time...it created some millionaires. So people bought a whole bunch of it, once the rate change happened it created a bunch of millionaires. That's what everybody is basing this whole investment into the Iraqi dinar on. [post 2 of 3....stay tuned]
8-24-2020 Newshound Guru Pimpy We're going to talk about the dinar today because there's a lot of newbies that are interested in it or have invested into into the Iraqi dinar...whenever any country invades another country usually what happens to protect...the wealth of a nation they usually devalue their currency down to damn near nothing - where it's worthless. As soon as everything gets back to normal...the country is no longer being invaded and they're back to where they were, then what they'll do is they'll revalue or reinstate the rate...to give you an example - let's say at the time the Kuwait invasion you were getting 3 American dollars for every 1 Kuwaiti dinar. [post 1 of 3....stay tuned]
8-24-2020 Newshound Guru MilitiaMan Article: "Iraqi-American Partnership .. Foreign Experience and Opportunity for Economic Advancement" Quote: "Iraq possesses raw materials that represent a store of raw materials at the level of the globe, indicating that if the American administration can pressure its companies towards investing these raw materials, whether at the level of gas, oil, phosphates or cement, then Iraq can create resources far from Oil and diversifies its economy." Surely we can get the broader picture and put aside that the negativity of this hasn't RI'd yet, to rest. The process is clearly a massive endeavor and now we see evidence of the deals are going to be in RAW MATERIALS... Some very big companies can be attracted by the USA Administration. Getting so very good...imo ...WE shall see how this unfolds. imo
8-24-2020 Newshound Guru MilitiaMan Article: "The Central Bank renews the ISO Quality Management System Certificate in Cash Management" They are certified again and that will be a leg up going into the new social market economy they are going to... imo.
8-24-2020 Intel Guru MarkZ [via PDK] ...My currency people are now looking at the long Labor Day weekend…So my fingers are crossed for then... Mr. C [Guru Mike Cottrell] still thinks Nov…I think the latest is Oct. 1st but looking for it sooner than that. My opinion is they need us to go in and exchange before Oct. 1st. We all want to wish Okie [Guru OkieOilMan] a big Happy Birthday today!!!
8-24-2020 Newshound Guru Pimpy Iraq was invaded. The value was dropped. Once the invasion was over in 2003 they swapped out the old (Swiss) Iraqi dinars - the ones with Saddam Hussein's face were taken out and the new dinars put in, which are the ones we see now. What everybody's hoping is that when it's time, that they reinstate the rate and the rate at the time was $3.22. That's what a lot of people are hoping will happen again. There are a bunch of different arguments going both ways...on whether this will happen...You should approach knowing...all investments are a risk... [Post 3 of 3]
8-24-2020 Newshound Guru Pimpy Then all of sudden they got invaded. Well they dropped it down to where you could get a million Kuwait dinars (I'm just making this up) for 10 dollars. So they do that on purpose. Then as soon as they got Iraq out of Kuwait and they started getting back on their feet all they did was reinstate the rate so it went right back up to where it was - over $3. So those individuals who happen to be holding onto the Kuwait dinar, some people for some reason somehow knew about it ahead of time...it created some millionaires. So people bought a whole bunch of it, once the rate change happened it created a bunch of millionaires. That's what everybody is basing this whole investment into the Iraqi dinar on. [post 2 of 3....stay tuned]
8-24-2020 Newshound Guru Pimpy We're going to talk about the dinar today because there's a lot of newbies that are interested in it or have invested into into the Iraqi dinar...whenever any country invades another country usually what happens to protect...the wealth of a nation they usually devalue their currency down to damn near nothing - where it's worthless. As soon as everything gets back to normal...the country is no longer being invaded and they're back to where they were, then what they'll do is they'll revalue or reinstate the rate...to give you an example - let's say at the time the Kuwait invasion you were getting 3 American dollars for every 1 Kuwaiti dinar. [post 1 of 3....stay tuned]
8-24-2020 Newshound Guru MilitiaMan Article: "Iraqi-American Partnership .. Foreign Experience and Opportunity for Economic Advancement" Quote: "Iraq possesses raw materials that represent a store of raw materials at the level of the globe, indicating that if the American administration can pressure its companies towards investing these raw materials, whether at the level of gas, oil, phosphates or cement, then Iraq can create resources far from Oil and diversifies its economy." Surely we can get the broader picture and put aside that the negativity of this hasn't RI'd yet, to rest. The process is clearly a massive endeavor and now we see evidence of the deals are going to be in RAW MATERIALS... Some very big companies can be attracted by the USA Administration. Getting so very good...imo ...WE shall see how this unfolds. imo
8-23-2020 Newshound Guru MilitiaMan Article: "The Finance Ministry responds to "shaded information" on customs automation" The transparency that comes with automation is exactly what they need. They have the interests of the region and are in continuous talks with the World Bank. I'll bet that in of it self shows they are about ready to fully complete the what is in the White Papers to usher in the new Market Economy.
8-23-2020 Newshound Guru Pimpy ...Al-Kazemi is the man. He didn't waste no time. He found out exactly what they needed to do. What they needed to get done. Hell the man started getting things done on the way back as well. He did not play around...this man is no joke...He went there [Washington] on a mission and he accomplished a lot IMO...What I don't want to see happen is people get immune to the good news and you become impatient. Everything we're seeing one step at a time seems to be a great step in a positive direction...we are definitely getting there.
8-23-2020 Newshound Guru MilitiaMan Article: "A Project To “Automate” Customs And Ports, In Agreement With A Well-Known Company" The border crossings and customs have been in a work in progress for some time and suggesting now they have completion with electronic system that will not be done by hand where corruption lays! Electronic systems provide transparency and this new PM knows it and with his new deputy in place they’ll make sure the systems work in the citizens best interest...His goal is to secure finances to help pay salaries and bring confidence to his people...The finance minister has not released salaries, yet...My view is there is a reason for that and it is what we are looking for. A change to the way and or amounts that will be paid...A-good sign is pressure is on from the lack of liquidity and payments. The citizens want to get paid...imo.
8-23-2020 Intel Guru RayRen98 I DON'T KNOW WHY...SOME BANKERS ARE EXCITED ABOUT THE END OF "THIS" WEEK...TIME WILL TELL!! [...if the bankers are indicating excitement enough to possibly reach out to their clients, is this behavior coming from more than 1 source or more than 1 bank source? Seems posi+ive towards our goals.] YEP!!
8-23-2020 Intel Guru RayRen98 Weekend UPDATE...SATURDAY - US troops are withdrawing from a base near Baghdad, the base will be turned back over to Iraqi troops on Sunday. A recent audit reveals 11 billion dinar stolen from last Wednesday's currency auction. Al-Kadhimi is at home today. The violence in Basra is lead by Turkish connections. Supposedly, the Sadr group is threatening Al-Kadhimi since his return from Washington.
8-23-2020 Newshound Guru Pimpy ...Al-Kazemi is the man. He didn't waste no time. He found out exactly what they needed to do. What they needed to get done. Hell the man started getting things done on the way back as well. He did not play around...this man is no joke...He went there [Washington] on a mission and he accomplished a lot IMO...What I don't want to see happen is people get immune to the good news and you become impatient. Everything we're seeing one step at a time seems to be a great step in a positive direction...we are definitely getting there.
8-23-2020 Newshound Guru MilitiaMan Article: "A Project To “Automate” Customs And Ports, In Agreement With A Well-Known Company" The border crossings and customs have been in a work in progress for some time and suggesting now they have completion with electronic system that will not be done by hand where corruption lays! Electronic systems provide transparency and this new PM knows it and with his new deputy in place they’ll make sure the systems work in the citizens best interest...His goal is to secure finances to help pay salaries and bring confidence to his people...The finance minister has not released salaries, yet...My view is there is a reason for that and it is what we are looking for. A change to the way and or amounts that will be paid...A-good sign is pressure is on from the lack of liquidity and payments. The citizens want to get paid...imo.
8-23-2020 Intel Guru RayRen98 I DON'T KNOW WHY...SOME BANKERS ARE EXCITED ABOUT THE END OF "THIS" WEEK...TIME WILL TELL!! [...if the bankers are indicating excitement enough to possibly reach out to their clients, is this behavior coming from more than 1 source or more than 1 bank source? Seems posi+ive towards our goals.] YEP!!
8-23-2020 Intel Guru RayRen98 Weekend UPDATE...SATURDAY - US troops are withdrawing from a base near Baghdad, the base will be turned back over to Iraqi troops on Sunday. A recent audit reveals 11 billion dinar stolen from last Wednesday's currency auction. Al-Kadhimi is at home today. The violence in Basra is lead by Turkish connections. Supposedly, the Sadr group is threatening Al-Kadhimi since his return from Washington.
8-22-2020 Newshound Guru Pimpy ...what was going on during Al-Kazemi's visit here. I can tell you this, the man, the entire time kept stressing the importance that the United States recognized the sovereignty of Iraq. He said it several times. He wasn't just asking he was saying that the United States in order for us to move forward and do deals must recognize that everything we do that Iraq is a sovereign state...He very impressive... Article quote "...indicates that the United States supports the current Iraqi government and its national orientations and affirmed that Iraq is an independent country." In other words recognizing their sovereignty. So Nancy Pelosi put it out there...
8-22-2020 Newshound/Intel Guru Mnt Goat Article: "US President Trump meets with Iraq prime minister Al-Kazemi last Thursday. Discussions and agreements went well in all directions." Quote: "A high-ranking official in the US administration in the White House said that our talks with Prime Minister Mustafa Al-Kazemi went well and will help ensure that there is no "malign influence of Iran." US companies to expand into Iraq with billions to help rebuild the war torn country still since 2003." [Everything is on track, momentum is picking up...] ...you are correct...
8-22-2020 Newshound Guru Kaperoni The four contracts that were signed over the past few days with Iraq are a good start to launching investment and ultimately a private sector but it's up to Iraq since they still have laws to pass as well as creating the conditions for more investors to participate.
8-22-2020 Newshound/Intel Guru Mnt Goat Article: "US President Trump meets with Iraq prime minister Al-Kazemi last Thursday. Discussions and agreements went well in all directions." Quote: "A high-ranking official in the US administration in the White House said that our talks with Prime Minister Mustafa Al-Kazemi went well and will help ensure that there is no "malign influence of Iran." US companies to expand into Iraq with billions to help rebuild the war torn country still since 2003." [Everything is on track, momentum is picking up...] ...you are correct...
8-22-2020 Newshound Guru Kaperoni The four contracts that were signed over the past few days with Iraq are a good start to launching investment and ultimately a private sector but it's up to Iraq since they still have laws to pass as well as creating the conditions for more investors to participate.
8-21-2020 ** Dinar Guru CBI Update ** The Central Bank of Iraq's officially reported MARKET rate of the Iraqi dinar is now within tenths of a point from compliance with the IMF 2% rule. It currently stands at 1214.013. The dinar has been out of compliance since April 21, 2020. This is a 20 point shift in the market rate within days. It is unknown if this is a blip in the market rate or an upward trend that will continue. You can always see the latest official CBI market rate for the dinar in the left column of this page. Stay tuned as the guru chime in on this development...the latest guru posts will continue below...
8-21-2020 Trump conference with Prime Minister Kazemi in Washington.
8-21-2020 Newshound Guru Jeff ...Trump made it very clear we are not removing our troops until we've been paid which means theoretically...we're not pulling the troops until Iraq has revalued the currency and it has value because we've already been paid in dinar it just doesn't have value. So until it has value we have not been paid...
8-21-2020 Newshound Guru Pimpy ...it looks to me like they're just getting ready to make a huge move into rebuilding Iraq . There are some things I want to see get done first and it looks like they're heading in some major positive ways...this is a great huge step forward for Iraq...sort term/long term I'm looking for anything that can help the economy grow, anything whatsoever because if their economy grows so does the value of their currency.
8-21-2020 Newshound/Intel Guru Mnt Goat Article: "PRIME MINISTER MUSTAFA AL-KAZEMI WILL MEET WITH U.S. PRESIDENT DONALD TRUMP AT THE WHITE HOUSE" I can assure you that the RV or reinstatement will not happen anytime soon after his visit or return home to Iraq . However, having said this Al-Kazemi is setting the groundwork and establishing relations that will lead to and enable the CBI to conduct the project to delete the zeros, which we all know leads to the reinstatement soon after.
8-21-2020 Intel Guru Bruce [via WiserNow] ...the Iraqi delegation...came in...they had their meeting – we know that they did accomplish some things – I think they did sign off on a few things...So...are we going to see a rate change for Iraq anytime soon? We think they usually do that on a Wednesday or a Saturday...they may do something more internationally on Saturday... I did get from a top banking source – that the switch was pulled at 4PM this afternoon [Thursday]... Does it mean something could happen Saturday? I don’t think we can write that off – even though we usually do talk about next week – and look it could go to that – not saying it won’t...I’m saying one of our sources who gave us previous information said – be aware of the next couple of days and don’t write off the weekend as a possibility...I am going to say we are on a day by day basis... I am excited about where we are...
8-21-2020 Intel Guru RayRen98 Thursday UPDATE... : WASHINGTON IS SUPPOSEDLY REPORTING THAT THIS MORNING MEETINGS HAVE CONCLUDED THAT THE KURDS AND BAGHDAD HAVE COMPLETED THEIR AGREEMENT ON THE MONEY AND THE DISPUTED TERRITORY! PRIME MINISTER AL-KADHIMI ANNOUNCES THAT IRAQ IS OPEN FOR U.S. BUSINESS AND A RAPID EXIT OF MILITARY FORCES OVER A PERIOD OF 3 YEARS. AL-HALBOUSI, SPEAKER OF THE COUNCIL OF REPRESENTATIVES, STATED THAT PARLIAMENT WILL CONVENE SEPTEMBER 3 WITH SEVERAL LAWS BEING ADDRESSED AND THE SURFACING OF THE 2020 BUDGET COMING SOON. US BANKS ARE "REVVING UP" THEIR RESOURCES, SOME PLANNING TO CONTACT CUSTOMERS PRIVATELY.
8-21-2020 Intel Guru Footforward [...I guess this could go on for years...] ...This shouldn't go on for years in my opt...what I see is that Iran's entire network is absolutely being dismantled. That alone is a huge deal and something that shifts things in Iraq and the middle east...And so so so much is coming together right now...Very suddenly the RV will just happen.
8-21-2020 Intel Guru MarkZ [via PDK] I still have bankers waiting for activity over the weekend and waiting for announcements from Iraq.
8-21-2020 Newshound Guru MilitiaMan Article: "The Central Bank directs banks not to disburse salaries without financial approval" They are holding back because they await the White Papers or notification that they can pay everyone equally. That will require the new rate imo. Hence, the meetings in DC are being said to be very successful and whereby international status is front and center. That must have a rate oriented to the deals. The goal is to complete reforms. That requires Article 8. Well who met with Kahdimi yesterday? Yep. The IMF did. Getting good my friends!! ...imo.
8-21-2020 Newshound Guru Jeff ...the definition of sovereignty is a self governing state...right now the U.S. does not govern Iraq. We were coaching Iraq and we have handcuffs on them preventing them from going International but we do not govern them...they manage their own affairs. Right now they're even making international moves again. They're doing their own thing.
8-21-2020 Newshound Guru Pimpy ...it looks to me like they're just getting ready to make a huge move into rebuilding Iraq . There are some things I want to see get done first and it looks like they're heading in some major positive ways...this is a great huge step forward for Iraq...sort term/long term I'm looking for anything that can help the economy grow, anything whatsoever because if their economy grows so does the value of their currency.
8-21-2020 Newshound/Intel Guru Mnt Goat Article: "PRIME MINISTER MUSTAFA AL-KAZEMI WILL MEET WITH U.S. PRESIDENT DONALD TRUMP AT THE WHITE HOUSE" I can assure you that the RV or reinstatement will not happen anytime soon after his visit or return home to Iraq . However, having said this Al-Kazemi is setting the groundwork and establishing relations that will lead to and enable the CBI to conduct the project to delete the zeros, which we all know leads to the reinstatement soon after.
8-21-2020 Intel Guru Bruce [via WiserNow] ...the Iraqi delegation...came in...they had their meeting – we know that they did accomplish some things – I think they did sign off on a few things...So...are we going to see a rate change for Iraq anytime soon? We think they usually do that on a Wednesday or a Saturday...they may do something more internationally on Saturday... I did get from a top banking source – that the switch was pulled at 4PM this afternoon [Thursday]... Does it mean something could happen Saturday? I don’t think we can write that off – even though we usually do talk about next week – and look it could go to that – not saying it won’t...I’m saying one of our sources who gave us previous information said – be aware of the next couple of days and don’t write off the weekend as a possibility...I am going to say we are on a day by day basis... I am excited about where we are...
8-21-2020 Intel Guru RayRen98 Thursday UPDATE... : WASHINGTON IS SUPPOSEDLY REPORTING THAT THIS MORNING MEETINGS HAVE CONCLUDED THAT THE KURDS AND BAGHDAD HAVE COMPLETED THEIR AGREEMENT ON THE MONEY AND THE DISPUTED TERRITORY! PRIME MINISTER AL-KADHIMI ANNOUNCES THAT IRAQ IS OPEN FOR U.S. BUSINESS AND A RAPID EXIT OF MILITARY FORCES OVER A PERIOD OF 3 YEARS. AL-HALBOUSI, SPEAKER OF THE COUNCIL OF REPRESENTATIVES, STATED THAT PARLIAMENT WILL CONVENE SEPTEMBER 3 WITH SEVERAL LAWS BEING ADDRESSED AND THE SURFACING OF THE 2020 BUDGET COMING SOON. US BANKS ARE "REVVING UP" THEIR RESOURCES, SOME PLANNING TO CONTACT CUSTOMERS PRIVATELY.
8-21-2020 Intel Guru Footforward [...I guess this could go on for years...] ...This shouldn't go on for years in my opt...what I see is that Iran's entire network is absolutely being dismantled. That alone is a huge deal and something that shifts things in Iraq and the middle east...And so so so much is coming together right now...Very suddenly the RV will just happen.
8-21-2020 Intel Guru MarkZ [via PDK] I still have bankers waiting for activity over the weekend and waiting for announcements from Iraq.
8-21-2020 Newshound Guru MilitiaMan Article: "The Central Bank directs banks not to disburse salaries without financial approval" They are holding back because they await the White Papers or notification that they can pay everyone equally. That will require the new rate imo. Hence, the meetings in DC are being said to be very successful and whereby international status is front and center. That must have a rate oriented to the deals. The goal is to complete reforms. That requires Article 8. Well who met with Kahdimi yesterday? Yep. The IMF did. Getting good my friends!! ...imo.
8-21-2020 Newshound Guru Jeff ...the definition of sovereignty is a self governing state...right now the U.S. does not govern Iraq. We were coaching Iraq and we have handcuffs on them preventing them from going International but we do not govern them...they manage their own affairs. Right now they're even making international moves again. They're doing their own thing.
8-20-2020 Intel Guru MarkZ [Do you see this going into Sept.] I don’t see it going past this month…based on chatter...
8-20-2020 Newshound Guru Pimpy You've got a guru out there who's saying..they already have their sovereignty. No they don't. They don't. You have to understand first of all sovereignty is - "Supreme power or authority. The authority of a state to govern itself or another state. A self-governing state." Iraq is under the watchful eye of the United Nations. That's why you see articles like this from June 20, 2020. "Iraq is on the path to regain its stolen sovereignty" ...they need restrictions removed off of them so they can start doing business on a more international level...if you don't control your own militia of military you're not very sovereign now are you?
8-20-2020 Newshound/Intel Guru Mnt Goat Article: "WASHINGTON PULLS THE RUG FROM IRAN AND IRAQ IS NEGOTIATING TO EXPLORE FOR OIL" Quote: "...US companies are negotiating with Iraq to explore for oil, including Chevron, General Electric and Honeywell, in a move aimed at reducing Iraq's dependence on Iran." this is all also being discussed this week with Al-Kazemi’s delegation to the US. We are hopeful of good news. So far we are hearing some wonderful news.
8-20-2020 Newshound Guru MilitiaMan Article: "PM meets Trump: What Outcome for Iraqi Economy?" This article is packed with good information. They say the word soon 7 times lol... They are in a hurry...With K in the USA now, there has to be so very important things to get done. I presume both sides are very well prepared to get the right things done and the right way...An equitable situation for both sides, is what I can see as an outcome. The path looks like it is fresh as new asphalt for smooth rolling... imo.
8-20-2020 Newshound Guru Jeff Article: "Good news from Washington regarding the financial dispute between Baghdad and Kurdistan". This is dang good news. This is huge. Boom! Like I told you guys it's all coming in September...this whole thing between Baghdad and Kurdistan completely revolved around money. This is the last layer needed to bring the stability into Iraq for them to change their rate...they have ended their financial disputes...Boom... September is looking amazing...
8-20-2020 Newshound Guru Pimpy ...what's happening is Kazemi was supposed to go back home after he met with Trump this evening except U.S. Representatives have asked him to stay behind. There might be a meeting with Nancy Pelosi. Leave it to those guys to interrupt and interfere with anything positive. I'm sure what they're telling Al-Kazemi is look you better pay attention to what side of this war you want to be on because if we get reelected things could be pretty messy for you. I wouldn't be surprised if she says something like that. Article Quote "the meeting may include Speaker of the House Nancy Pelosi." Anytime they're involved with anything I just don't trust them at all...
8-20-2020 Intel Guru MarkZ [via PDK] ...I am getting very positive chatter out of the banking cities again… We have been looking at today…the 20th for some type of movement. ...banking centers are finally getting excited again... [I am hoping today is our day!!] I am hoping we see it as well…expecting activity this afternoon…we are expecting announcements from the Iraqi contingent that is here is the US later today. ...We will see…I’m hopeful but grounded.
8-20-2020 Newshound Guru Jeff ...today was a great news day...everything that's happened is exactly as I told you which is awesome...Article "KRG Officials Will Accompany Kadhimi On Visit To Washington" ...since the weekend Kurdistan and Baghdad have been reaching partial agreement so far. Here's more proof because Kurdistan accompanied Kazemi on his visit to Washington which is awesome...They're not telling you everything. They're hiding a lot from you...I firmly believe they're much farther along than what they're telling us. They can't tell us everything...they have to be careful how much information they release to inform us as the investors...I believe Kurdistan and Baghdad most likely already have that agreement in place because otherwise they would not be making the move you're seeing...the end of September is red hot...
8-20-2020 Newshound Guru Pimpy ...I told you the information would be coming fast and furious and it was my belief that when Al-Kazemi came to visit you would see a lot of agreements. You know Trump he's always thinking business...sure enough there are tons of Memorandums of Understanding which is good because we want these outside companies to come into Iraq and start bringing new business in there...invest in Iraq is what we're looking for...
8-20-2020 Newshound Guru Jeff Steve Mnuchin tweeted - "Good meeting with Iraqi Prime Minister Al-Kadhimi. We discussed the US-Iraq Strategic Dialogue and efforts to secure a more stable and prosperous future for Iraq." What did I tell you... these meeting were post rate change. That's the future. They're telling you stable and prosperous future. Even they're telling you future. Boom there you go! Boom! Boom! Boom! Stable and prosperous future for Iraq. Steve Mnuchin confirmed exactly what I told you...this meeting confirms to us that Iraq has met all their benchmarks to be able to change that rate...
8-20-2020 Intel Guru MarkZ ]via PDK] [How many bank accounts can we open at our exchange] I am told that at our exchange they will open one account as a clearing account…then they will direct you to a private banker…At the actual exchange they just want to get it in, make sure you are not a terrorist and move on…at the second apt you can open as many accounts as you want and move funds around…that is how I was told it would work...[How will the 800 number work?] I am told we will get an email or a link to click, we will put in where we are at and that will generate a 800 number based on where you are at. This makes sense…if there was just one number it could overload the system as we all tried to call it.
8-20-2020 Newshound Guru Pimpy You've got a guru out there who's saying..they already have their sovereignty. No they don't. They don't. You have to understand first of all sovereignty is - "Supreme power or authority. The authority of a state to govern itself or another state. A self-governing state." Iraq is under the watchful eye of the United Nations. That's why you see articles like this from June 20, 2020. "Iraq is on the path to regain its stolen sovereignty" ...they need restrictions removed off of them so they can start doing business on a more international level...if you don't control your own militia of military you're not very sovereign now are you?
8-20-2020 Newshound/Intel Guru Mnt Goat Article: "WASHINGTON PULLS THE RUG FROM IRAN AND IRAQ IS NEGOTIATING TO EXPLORE FOR OIL" Quote: "...US companies are negotiating with Iraq to explore for oil, including Chevron, General Electric and Honeywell, in a move aimed at reducing Iraq's dependence on Iran." this is all also being discussed this week with Al-Kazemi’s delegation to the US. We are hopeful of good news. So far we are hearing some wonderful news.
8-20-2020 Newshound Guru MilitiaMan Article: "PM meets Trump: What Outcome for Iraqi Economy?" This article is packed with good information. They say the word soon 7 times lol... They are in a hurry...With K in the USA now, there has to be so very important things to get done. I presume both sides are very well prepared to get the right things done and the right way...An equitable situation for both sides, is what I can see as an outcome. The path looks like it is fresh as new asphalt for smooth rolling... imo.
8-20-2020 Newshound Guru Jeff Article: "Good news from Washington regarding the financial dispute between Baghdad and Kurdistan". This is dang good news. This is huge. Boom! Like I told you guys it's all coming in September...this whole thing between Baghdad and Kurdistan completely revolved around money. This is the last layer needed to bring the stability into Iraq for them to change their rate...they have ended their financial disputes...Boom... September is looking amazing...
8-20-2020 Newshound Guru Pimpy ...what's happening is Kazemi was supposed to go back home after he met with Trump this evening except U.S. Representatives have asked him to stay behind. There might be a meeting with Nancy Pelosi. Leave it to those guys to interrupt and interfere with anything positive. I'm sure what they're telling Al-Kazemi is look you better pay attention to what side of this war you want to be on because if we get reelected things could be pretty messy for you. I wouldn't be surprised if she says something like that. Article Quote "the meeting may include Speaker of the House Nancy Pelosi." Anytime they're involved with anything I just don't trust them at all...
8-20-2020 Intel Guru MarkZ [via PDK] ...I am getting very positive chatter out of the banking cities again… We have been looking at today…the 20th for some type of movement. ...banking centers are finally getting excited again... [I am hoping today is our day!!] I am hoping we see it as well…expecting activity this afternoon…we are expecting announcements from the Iraqi contingent that is here is the US later today. ...We will see…I’m hopeful but grounded.
8-20-2020 Newshound Guru Jeff ...today was a great news day...everything that's happened is exactly as I told you which is awesome...Article "KRG Officials Will Accompany Kadhimi On Visit To Washington" ...since the weekend Kurdistan and Baghdad have been reaching partial agreement so far. Here's more proof because Kurdistan accompanied Kazemi on his visit to Washington which is awesome...They're not telling you everything. They're hiding a lot from you...I firmly believe they're much farther along than what they're telling us. They can't tell us everything...they have to be careful how much information they release to inform us as the investors...I believe Kurdistan and Baghdad most likely already have that agreement in place because otherwise they would not be making the move you're seeing...the end of September is red hot...
8-20-2020 Newshound Guru Pimpy ...I told you the information would be coming fast and furious and it was my belief that when Al-Kazemi came to visit you would see a lot of agreements. You know Trump he's always thinking business...sure enough there are tons of Memorandums of Understanding which is good because we want these outside companies to come into Iraq and start bringing new business in there...invest in Iraq is what we're looking for...
8-20-2020 Newshound Guru Jeff Steve Mnuchin tweeted - "Good meeting with Iraqi Prime Minister Al-Kadhimi. We discussed the US-Iraq Strategic Dialogue and efforts to secure a more stable and prosperous future for Iraq." What did I tell you... these meeting were post rate change. That's the future. They're telling you stable and prosperous future. Even they're telling you future. Boom there you go! Boom! Boom! Boom! Stable and prosperous future for Iraq. Steve Mnuchin confirmed exactly what I told you...this meeting confirms to us that Iraq has met all their benchmarks to be able to change that rate...
8-20-2020 Intel Guru MarkZ ]via PDK] [How many bank accounts can we open at our exchange] I am told that at our exchange they will open one account as a clearing account…then they will direct you to a private banker…At the actual exchange they just want to get it in, make sure you are not a terrorist and move on…at the second apt you can open as many accounts as you want and move funds around…that is how I was told it would work...[How will the 800 number work?] I am told we will get an email or a link to click, we will put in where we are at and that will generate a 800 number based on where you are at. This makes sense…if there was just one number it could overload the system as we all tried to call it.
8-19-2020 Newshound Guru Pimpy ...I was listening to the press conference with Mike Pompeo and the Minister of Finance Allawi. They basically covered what we already knew...but Pomepo said something that caught my attention and you can take what you want from it. He said, 'we look forward to the day when Iraq can help themselves.' ...I'm not sure if that's a reflection of whether or not they get their sovereignty reinstate. All I know is I was listening to it and...I was looking for hints, something that says that Iraq will indeed have their sovereignty reinstated. I just didn't see anything really in that particular press conference...hopefully we'll get clarity when Al-Kazemi get here. If they don't reinstate their sovereignty, I'm not saying they won't, but if they don't reinstate it, I hope at least we get a clear path, some type of checkoff list, something that tells us what we could watch for in order to see whether or not Iraq is anywhere near getting getting their sovereignty recognized...
8-19-2020 Intel Guru Bruce [via WiserNow] ...we’ve got some really good things that have come in...Iraq’s delegation...which we believe has al-Kazemi – Alack – Shabibi – others...arrived...(Monday) and...supposedly we are to hear from that group – to talk about their sovereignty...possibly talk about sanctions that have come off...and that is supposed to be on the 20th...it could be sooner...but it could be on Thursday so that is big...Now...we understand – from one of our high up...bank...sources that Iraq should have a new rate tomorrow [Wednesday]...I don’t know how public it’s going to be...Wednesday is an official publication day/Gazette day...Maybe something will be said in the Gazette about that...but it may mean that Iraq comes to the announcement portion of what they are supposed to do with President Trump...The other thing we are getting from a Treasury source is...we should have money in our hands either by Thursday or by Friday...We could start anytime... based on the information...we could get notified and start our exchanges Wed/Thurs/Fri of this week...I think we’re in good shape...for it to happen...so I am very excited about where we are...
8-19-2020 Intel Guru Frank26 ...There are these money transfer companies that are involved with these banks [CBI "satellite" banks in the U.S.] that we've been telling you about. This transfer company...its parent company is on the Iraqi Stock Exchange. I'm just going to give it to you and you take it and do with it what you want. Altaif Sama ...many of their outlets are spread out across the United States of America. They are banking and transfer companies...this company is not just for Iraq banks. They do work around the world too. Many of them are in the state of Michigan...the ultimate goal is to collect the three zeros and that's what they're trying to do. They are well prepared for it...
8-19-2020 Intel Guru MarkZ [via PDK] ...Mr. C [Guru Mike Cottrell] thinks November, Mt. goat says January, I have one great Iraq contact who thinks is tomorrow... I still have a ministry group who is looking for tomorrow to be a big day…..the Iraqi contingent is here now so there is a lot of chatter about the possibility of tomorrow. I hope that is correct. We still have Japanese and Australia sources looking squarely at October 1st. The banking centers have been gagged…and that is probably a good thing…noone there is talking. I am looking for today and tomorrow being big days. Hopefully we will get some news…
8-19-2020 Newshound Guru Jeff ...this quarter is red hot. Hotter than we've ever seen. September is on fire. September is about ready to explode... Kazemi coming to Washington...this meeting has nothing to do with the rate change. Nothing at all...This is a post rate change meeting...I feel they're able to have this meeting and are having this meeting because I feel that Kazemi has met all of his benchmarks with everything he needed to do to be able to change the rates. I feel that everything needed to change the rate is done. And when I say done I'm also talking about the differences between Kurdistan and Baghdad. I feel that agreement has already been reaching in the background...I feel everything is done in the background...
8-19-2020 Newshound Guru Adam Montana ...there's some understandable excitement about our man Kazzammie coming to America. Meeting with President Trump. Tomorrow. In my opinion, this does not mean "RV by Friday". Iraq does not need "Trump's approval". That's not what is going on here. Whether you like Trump or not, you probably (at least) acknowledge that he has his fingers in a LOT of pies...and you can bet your sweet apples that he has the means, ability, and likely desire to help Iraq move forward. A Kazzammie-Trump meeting is not a small thing. It's quite likely the opposite, and this might be the last time they meet before we see a surge in the price of Dinar...tomorrow could be exciting, especially if anyone even mentions "HCL". We will see! Go Kazzammie. Go Trump. Go HCL. Go Iraq. And GOOOO RRRRVVVVVVVV!!!
8-19-2020 Newshound/Intel Guru Petra ...I just don't think Donald Trump would take the time of day as busy as he is if there wasn't something pertinent to discuss that would have an impact on the economy of the United States. He's a very strategic business man. He expects action. He expects movement...everything that we read suggests sooner rather than later...Donald Trump is not going to waste his time. He's gonna want to know everything is done that they said they were going to do...IMO it's not going to be delayed another 30 days. It's going to move now. Now. The eye of the storm is now...
8-19-2020 Intel Guru Frank26 ...the [CBI connected "satellite] banks established in the United States of America are already open. Oh, snap. The banks that we were talking about that would be helping anyone from the Middle East that live in the United States of America these banks are there for them. And for American citizens too...of all the 48 states...which state do you think has a lot of these Middle Easterners that some 17 years ago they fled Saddam? They fled the Middle East. They went all over the place. Canada. Switzerland. The Untied States. Of our 48 continental states, which state do you think has the most Middle Easterners...? ...Michigan. And it's more than one bank up in Michigan by the way. I can tell you one of them is on XXXXXX St [in Dearborn Michigan]...please don't be silly. Don't try to call this bank and ask them "When's the value going to go up?" Really? Only a child will do something like that. Please leave this bank alone... When did these banks open? IMO it's when they became article VIII...
8-19-2020 Intel Guru Bruce [via WiserNow] ...we’ve got some really good things that have come in...Iraq’s delegation...which we believe has al-Kazemi – Alack – Shabibi – others...arrived...(Monday) and...supposedly we are to hear from that group – to talk about their sovereignty...possibly talk about sanctions that have come off...and that is supposed to be on the 20th...it could be sooner...but it could be on Thursday so that is big...Now...we understand – from one of our high up...bank...sources that Iraq should have a new rate tomorrow [Wednesday]...I don’t know how public it’s going to be...Wednesday is an official publication day/Gazette day...Maybe something will be said in the Gazette about that...but it may mean that Iraq comes to the announcement portion of what they are supposed to do with President Trump...The other thing we are getting from a Treasury source is...we should have money in our hands either by Thursday or by Friday...We could start anytime... based on the information...we could get notified and start our exchanges Wed/Thurs/Fri of this week...I think we’re in good shape...for it to happen...so I am very excited about where we are...
8-19-2020 Intel Guru Frank26 ...There are these money transfer companies that are involved with these banks [CBI "satellite" banks in the U.S.] that we've been telling you about. This transfer company...its parent company is on the Iraqi Stock Exchange. I'm just going to give it to you and you take it and do with it what you want. Altaif Sama ...many of their outlets are spread out across the United States of America. They are banking and transfer companies...this company is not just for Iraq banks. They do work around the world too. Many of them are in the state of Michigan...the ultimate goal is to collect the three zeros and that's what they're trying to do. They are well prepared for it...
8-19-2020 Intel Guru MarkZ [via PDK] ...Mr. C [Guru Mike Cottrell] thinks November, Mt. goat says January, I have one great Iraq contact who thinks is tomorrow... I still have a ministry group who is looking for tomorrow to be a big day…..the Iraqi contingent is here now so there is a lot of chatter about the possibility of tomorrow. I hope that is correct. We still have Japanese and Australia sources looking squarely at October 1st. The banking centers have been gagged…and that is probably a good thing…noone there is talking. I am looking for today and tomorrow being big days. Hopefully we will get some news…
8-19-2020 Newshound Guru Jeff ...this quarter is red hot. Hotter than we've ever seen. September is on fire. September is about ready to explode... Kazemi coming to Washington...this meeting has nothing to do with the rate change. Nothing at all...This is a post rate change meeting...I feel they're able to have this meeting and are having this meeting because I feel that Kazemi has met all of his benchmarks with everything he needed to do to be able to change the rates. I feel that everything needed to change the rate is done. And when I say done I'm also talking about the differences between Kurdistan and Baghdad. I feel that agreement has already been reaching in the background...I feel everything is done in the background...
8-19-2020 Newshound Guru Adam Montana ...there's some understandable excitement about our man Kazzammie coming to America. Meeting with President Trump. Tomorrow. In my opinion, this does not mean "RV by Friday". Iraq does not need "Trump's approval". That's not what is going on here. Whether you like Trump or not, you probably (at least) acknowledge that he has his fingers in a LOT of pies...and you can bet your sweet apples that he has the means, ability, and likely desire to help Iraq move forward. A Kazzammie-Trump meeting is not a small thing. It's quite likely the opposite, and this might be the last time they meet before we see a surge in the price of Dinar...tomorrow could be exciting, especially if anyone even mentions "HCL". We will see! Go Kazzammie. Go Trump. Go HCL. Go Iraq. And GOOOO RRRRVVVVVVVV!!!
8-19-2020 Newshound/Intel Guru Petra ...I just don't think Donald Trump would take the time of day as busy as he is if there wasn't something pertinent to discuss that would have an impact on the economy of the United States. He's a very strategic business man. He expects action. He expects movement...everything that we read suggests sooner rather than later...Donald Trump is not going to waste his time. He's gonna want to know everything is done that they said they were going to do...IMO it's not going to be delayed another 30 days. It's going to move now. Now. The eye of the storm is now...
8-19-2020 Intel Guru Frank26 ...the [CBI connected "satellite] banks established in the United States of America are already open. Oh, snap. The banks that we were talking about that would be helping anyone from the Middle East that live in the United States of America these banks are there for them. And for American citizens too...of all the 48 states...which state do you think has a lot of these Middle Easterners that some 17 years ago they fled Saddam? They fled the Middle East. They went all over the place. Canada. Switzerland. The Untied States. Of our 48 continental states, which state do you think has the most Middle Easterners...? ...Michigan. And it's more than one bank up in Michigan by the way. I can tell you one of them is on XXXXXX St [in Dearborn Michigan]...please don't be silly. Don't try to call this bank and ask them "When's the value going to go up?" Really? Only a child will do something like that. Please leave this bank alone... When did these banks open? IMO it's when they became article VIII...
8-18-2020 Newshound Guru Pimpy ...just because they get their sovereignty recognized and if they get the restrictions removed that does not mean here in the United Stated our banks are going to accept them right away. Hang tight. Nor does that mean you're going to see an instantaneous rate change. But what I think that is, is the first step forward in a positive direction but then shortly after that I hope to see a rate change announcement. That's what I'm looking forward to now.
8-18-2020 Newshound/Intel Guru Mnt Goat ...the CBI has not even given any indication that they have set a time period as a target to complete or begin the project to delete the zeros...I can tell you right now, without any reservation, that you will not see a reinstatement until early January 2021 at the earliest. I only hope we don’t have to go yet another year after that even...January is the best time to reinstate the dinar. This is the beginning of the Iraqi fiscal year and so for accounting purposes it makes total sense...I expect some actions from the CBI late this fall concerning the project to delete the zeros, but only if they decide to go in January with the reinstatement. This will be our indicator of intent. Get it? No secrets here. They MUST tell the citizens of Iraq what they intend to do and can’t hide this...
8-18-2020 Intel Guru Delta ...In my personal opinion we might not see nothing until he [Kazemi] comes back from the U.S. and then we are probably going to hear from the Central Bank of Iraq...the Central Bank of Iraq is preparing to show their hands...the most important question is the time frame...we know the CBI is ready but the million dollar question is the time frame...
8-18-2020 Newshound/Intel Guru Petra ...I think they all know what's coming. We all know what's coming. It's here. We're just going through the process to get us to that point. Whether it's before, during or right after [Kazemi's trip to Washington]. I'm of the option that they've got to do it before but that's me. I could be wrong for sure. I foresee Kazemi going back to his country with a new rate with all this business that has been committed by our president between Iraq and the U.S. which they've commented on in many articles that he will come back with his head held high, with a sovereign country, with a new currency, and a huge amount of business committed to by our government. That is what I imagine is going to come...
8-18-2020 Intel Guru Footforward The Iraqi PM will likely be in Iraq when they RV. I'm hoping they announce a peace deal and a trade deal with Israel and the US... [why do you think he will be in Iraq when it happens?] pride. This has been a long time coming. He has beaten back Iran and there is alot of pride in this moment Of bringing the RV. Because it changes Iraq's status greatly.
8-18-2020 Intel Guru MarkZ [via PDK] ...I was hoping banking centers would give us more news yesterday but they are still being very tight-lipped. I take that as an excellent sign. ...The reality is we are going to see this reset sooner rather than later…it has become an inevitability…the cans to big-they cannot kick it.
8-18-2020 Newshound Guru Jeff Article: "Foreign Ministry: Positive expectations that Iraq will exit from the list of high-risk countries during the current year" They're talking about removing Iraq from the list of high-risk countries... thought or felt to support terrorism...that's called the OFAC list. Because Iraq's on that list within the U.S. the big banks do not exchange Iraq's currency.
8-18-2020 Guest Guru Austin-Powers-For-PM ...A "Sovereign Iraqi State" won't excite the media by itself. I think it's a combination of a Peace Deal, trade agreement, Sovereignty announcement, and support for Iraq "Internal Financial Reforms." RV happens shortly thereafter. What "Shortly" is will be quite variable. IMO sometime between August 20th and January 1st. But just IMO. But it will have to be epic to suck up all the MSM attention, so I wouldn't be surprised if Al-Kazemi made some sort of announcement standing next to the President. But we shall see. Something is going to happen Thursday evening. [post 2 of 2]
8-18-2020 Guest Guru Austin-Powers-For-PM So let's think this through for a minute. It's no accident that Trump chose August 20th for the day he is meeting PM Al-Kazemi. What else is happening that has been scheduled for awhile? Yep that's correct, Joe Biden accepting the Dems nomination. What does Trump want to do most of all? He wants to suck the oxygen out of the news cycle and make Biden's acceptance speech a non-event. How does he do that? He makes a BOMBSHELL announcement shortly before Biden takes the proverbial stage. Who will be with him at that time? Yep, PM Al-Kazemi. What will this BOMBSHELL announce be? It could be a whole lot of things. Iraq, Kuwait, and S.A. recognizing Israel? Massive trade deal with Iraq? Anything else? [post 1 of 2....stay tuned]
8-18-2020 Newshound Guru Pimpy Article: "Foreign Ministry: Positive expectations that Iraq will exit from the list of high-risk countries during the current year" What are the odds of that? This is big. I think what would kick-start this is an announcement by Trump for the international community to once again recognize the sovereignty of Iraq. I think more now than ever before you could see this stage is being set for the Iraqi dinar rate change to finally change....
8-18-2020 Newshound/Intel Guru Mnt Goat ...the CBI has not even given any indication that they have set a time period as a target to complete or begin the project to delete the zeros...I can tell you right now, without any reservation, that you will not see a reinstatement until early January 2021 at the earliest. I only hope we don’t have to go yet another year after that even...January is the best time to reinstate the dinar. This is the beginning of the Iraqi fiscal year and so for accounting purposes it makes total sense...I expect some actions from the CBI late this fall concerning the project to delete the zeros, but only if they decide to go in January with the reinstatement. This will be our indicator of intent. Get it? No secrets here. They MUST tell the citizens of Iraq what they intend to do and can’t hide this...
8-18-2020 Intel Guru Delta ...In my personal opinion we might not see nothing until he [Kazemi] comes back from the U.S. and then we are probably going to hear from the Central Bank of Iraq...the Central Bank of Iraq is preparing to show their hands...the most important question is the time frame...we know the CBI is ready but the million dollar question is the time frame...
8-18-2020 Newshound/Intel Guru Petra ...I think they all know what's coming. We all know what's coming. It's here. We're just going through the process to get us to that point. Whether it's before, during or right after [Kazemi's trip to Washington]. I'm of the option that they've got to do it before but that's me. I could be wrong for sure. I foresee Kazemi going back to his country with a new rate with all this business that has been committed by our president between Iraq and the U.S. which they've commented on in many articles that he will come back with his head held high, with a sovereign country, with a new currency, and a huge amount of business committed to by our government. That is what I imagine is going to come...
8-18-2020 Intel Guru Footforward The Iraqi PM will likely be in Iraq when they RV. I'm hoping they announce a peace deal and a trade deal with Israel and the US... [why do you think he will be in Iraq when it happens?] pride. This has been a long time coming. He has beaten back Iran and there is alot of pride in this moment Of bringing the RV. Because it changes Iraq's status greatly.
8-18-2020 Intel Guru MarkZ [via PDK] ...I was hoping banking centers would give us more news yesterday but they are still being very tight-lipped. I take that as an excellent sign. ...The reality is we are going to see this reset sooner rather than later…it has become an inevitability…the cans to big-they cannot kick it.
8-18-2020 Newshound Guru Jeff Article: "Foreign Ministry: Positive expectations that Iraq will exit from the list of high-risk countries during the current year" They're talking about removing Iraq from the list of high-risk countries... thought or felt to support terrorism...that's called the OFAC list. Because Iraq's on that list within the U.S. the big banks do not exchange Iraq's currency.
8-18-2020 Guest Guru Austin-Powers-For-PM ...A "Sovereign Iraqi State" won't excite the media by itself. I think it's a combination of a Peace Deal, trade agreement, Sovereignty announcement, and support for Iraq "Internal Financial Reforms." RV happens shortly thereafter. What "Shortly" is will be quite variable. IMO sometime between August 20th and January 1st. But just IMO. But it will have to be epic to suck up all the MSM attention, so I wouldn't be surprised if Al-Kazemi made some sort of announcement standing next to the President. But we shall see. Something is going to happen Thursday evening. [post 2 of 2]
8-18-2020 Guest Guru Austin-Powers-For-PM So let's think this through for a minute. It's no accident that Trump chose August 20th for the day he is meeting PM Al-Kazemi. What else is happening that has been scheduled for awhile? Yep that's correct, Joe Biden accepting the Dems nomination. What does Trump want to do most of all? He wants to suck the oxygen out of the news cycle and make Biden's acceptance speech a non-event. How does he do that? He makes a BOMBSHELL announcement shortly before Biden takes the proverbial stage. Who will be with him at that time? Yep, PM Al-Kazemi. What will this BOMBSHELL announce be? It could be a whole lot of things. Iraq, Kuwait, and S.A. recognizing Israel? Massive trade deal with Iraq? Anything else? [post 1 of 2....stay tuned]
8-18-2020 Newshound Guru Pimpy Article: "Foreign Ministry: Positive expectations that Iraq will exit from the list of high-risk countries during the current year" What are the odds of that? This is big. I think what would kick-start this is an announcement by Trump for the international community to once again recognize the sovereignty of Iraq. I think more now than ever before you could see this stage is being set for the Iraqi dinar rate change to finally change....
8-17-2020 Intel/Newshound Guru Frank26 ...It seems to me somehow or another something has been set into motion. Something has been launched. It seems to me we are in the eye of the monetary reform storm because yesterday something huge happened. Today we're seeing what happened yesterday and today we're seeing what going to happen tomorrow and the next day and up to the 21st. We are in the eye of the monetary reform storm...
8-17-2020 Newshound Guru Jeff ...the end of September is red hot...because 10-1 is the second half of their fiscal year...as they have told you they will not be borrowing any more money. They only borrowed salary money up until August. They have not even borrowed money for September. Again the end of September is red hot...
8-17-2020 Intel Guru MarkZ [via PDK] There is a massive amount of dis-information being out on the RV front right now...stunning as they try to keep us in the dark, and cover us with smoke…don’t let it drive you nuts guys…
8-17-2020 Newshound Guru Pimpy ...once the restrictions are removed off of the currency and they are allowed to once again trade on the Forex that is going to cause a rush of people running over as speculators will now have access to the Iraqi dinar. Which is good for us because it will cause the exchange rate to go up. In addition to that, if the restrictions are removed then once again our banks should be able to buy and sell Iraqi dinar. This is good... [Post 2 of 2]
8-17-2020 Newshound Guru Pimpy ...we were saying Al-Kazemi was coming on the 20th. Nope! My man will be here tomorrow and I believe he's supposed to be here for four days...if Iraq gets their sovereignty that would be a huge step towards us wanting to get that rate change...I want to make something perfectly clear. Although to me it makes sense to do it at the same time, that does not mean their rate will have changed once the sovereignty has been restored. We need the restrictions removed off it. We need an announcement and then we should see shortly after that some type of announcement on the exchange rate... [Post 1 of 2....stay tuned]
8-17-2020 Newshound/Intel Guru David M. Witty Next round of US-Iraq strategic dialogue to begin evening of 18 AUG in Washington. Iraqi delegation includes PM & Defense, Foreign, Oil, Immigration, Oil & Electricity Ministers. PM Kadhimi to meet with US President on 19 AUG in White House.
8-17-2020 Intel Guru MarkZ [via PDK] ...so much is happening right now… This should be a big week. We have the Iraqi delegation arriving tomorrow for meetings on the 20th. [Most resets happen in October.] I am looking for one sooner than that. I think they may be stalling until later in this week or early next week. Just my guess because of what little happened in the banking world last weekend...everything is in place…..we just need somebody to pull the dang trigger.
8-17-2020 Newshound Guru Pimpy ...some of the delegation has already parted ways heading over to Washington ahead of Al-Kazemi's visit...some people are saying that this visit is going to be the reset of the IQD. Careful with those types of things...It would be nice if they obviously did the rate change but there's no evidence out there that this is gonna happen. Not that I can find...what I think would be a huge step towards accomplishing our goal is once Al-Kazemi is there we get the Iraqi sovereignty reinstated. Just having it reinstated of course then they're gonna have to remove the restrictions off the currency. In order for you to be a sovereign nation you have to have an international currency...
8-17-2020 Newshound Guru MilitiaMan Article: "A deputy denies the cancellation of the Kurdish delegation's visit to Baghdad and confirms: A comprehensive agreement will be signed during the coming period" Quote: "...the agreement is still in place, and there are some observations from the federal government and the conditions and work is underway to reform them, stressing that in the end an understanding will be made and a comprehensive agreement signed during the coming period." Interesting that they do talk about this today. So many things in motion that imo they had to! The agreement they have is still in effect. Thus, today is effective... Let that one simmer in the pot a few moments... They have a deal on the oil... imo.. That means they have an expectation of what is in the White Papers... Kahdimi and Allawi are holding close to their chest. Why? We all know why.. imo ~ RATE, comes to mind imo...
8-17-2020 Newshound Guru Jeff ...the end of September is red hot...because 10-1 is the second half of their fiscal year...as they have told you they will not be borrowing any more money. They only borrowed salary money up until August. They have not even borrowed money for September. Again the end of September is red hot...
8-17-2020 Intel Guru MarkZ [via PDK] There is a massive amount of dis-information being out on the RV front right now...stunning as they try to keep us in the dark, and cover us with smoke…don’t let it drive you nuts guys…
8-17-2020 Newshound Guru Pimpy ...once the restrictions are removed off of the currency and they are allowed to once again trade on the Forex that is going to cause a rush of people running over as speculators will now have access to the Iraqi dinar. Which is good for us because it will cause the exchange rate to go up. In addition to that, if the restrictions are removed then once again our banks should be able to buy and sell Iraqi dinar. This is good... [Post 2 of 2]
8-17-2020 Newshound Guru Pimpy ...we were saying Al-Kazemi was coming on the 20th. Nope! My man will be here tomorrow and I believe he's supposed to be here for four days...if Iraq gets their sovereignty that would be a huge step towards us wanting to get that rate change...I want to make something perfectly clear. Although to me it makes sense to do it at the same time, that does not mean their rate will have changed once the sovereignty has been restored. We need the restrictions removed off it. We need an announcement and then we should see shortly after that some type of announcement on the exchange rate... [Post 1 of 2....stay tuned]
8-17-2020 Newshound/Intel Guru David M. Witty Next round of US-Iraq strategic dialogue to begin evening of 18 AUG in Washington. Iraqi delegation includes PM & Defense, Foreign, Oil, Immigration, Oil & Electricity Ministers. PM Kadhimi to meet with US President on 19 AUG in White House.
8-17-2020 Intel Guru MarkZ [via PDK] ...so much is happening right now… This should be a big week. We have the Iraqi delegation arriving tomorrow for meetings on the 20th. [Most resets happen in October.] I am looking for one sooner than that. I think they may be stalling until later in this week or early next week. Just my guess because of what little happened in the banking world last weekend...everything is in place…..we just need somebody to pull the dang trigger.
8-17-2020 Newshound Guru Pimpy ...some of the delegation has already parted ways heading over to Washington ahead of Al-Kazemi's visit...some people are saying that this visit is going to be the reset of the IQD. Careful with those types of things...It would be nice if they obviously did the rate change but there's no evidence out there that this is gonna happen. Not that I can find...what I think would be a huge step towards accomplishing our goal is once Al-Kazemi is there we get the Iraqi sovereignty reinstated. Just having it reinstated of course then they're gonna have to remove the restrictions off the currency. In order for you to be a sovereign nation you have to have an international currency...
8-17-2020 Newshound Guru MilitiaMan Article: "A deputy denies the cancellation of the Kurdish delegation's visit to Baghdad and confirms: A comprehensive agreement will be signed during the coming period" Quote: "...the agreement is still in place, and there are some observations from the federal government and the conditions and work is underway to reform them, stressing that in the end an understanding will be made and a comprehensive agreement signed during the coming period." Interesting that they do talk about this today. So many things in motion that imo they had to! The agreement they have is still in effect. Thus, today is effective... Let that one simmer in the pot a few moments... They have a deal on the oil... imo.. That means they have an expectation of what is in the White Papers... Kahdimi and Allawi are holding close to their chest. Why? We all know why.. imo ~ RATE, comes to mind imo...
8-16-2020 Newshound Guru Pimpy ...Looks like we are back on the right track especially with Al-Kazemi coming here for the first time in about a week. I'm expecting some decent news. We really do want Iraq to have their sovereignty reinstated. We really want the restrictions removed off the currency and when this happens they most likely could put together an actual budget. One has not been passed but it could be because it's kind of hard to put a budget together if you're not sure about the value of your currency. So let's keep our fingers crossed that we hear some good news...I want to hear the thumbs up from the United Nations...before Al-Kazemi gets here. That's what we are watching for...
8-16-2020 Newshound Guru MilitiaMan Article: "Representative economy: activating the law of partnership with the private sector and investment soon" Quote: "...the committee is in the process of activating the partnership law with the private sector and the investment law in the near future, as well as activating the mineral investment law...the amended Iraqi investment law is one of the best laws in the region..." They are telling us they have activation and revitalization on the mind. They need investors to help activation of industry, agriculture, minerals, etc... For them to activate and to revitalize, they need a new international exchange rate. ...they tell us the laws will be the best in the region. That is important to the investors!! Very important!!... Good stuff...
8-16-2020 Newshound Guru Breitling ...A lot of people are skeptical about what I just said [Posts over last few days] and I teach this stuff. This is what I do. This last course I gave here in Phoenix people are like 'okay, that doesn't sound...[Like what we're seeing on TV]'...I tell everyone I couldn't be happier. I could not be happier. It's completely opposite out there. "We're watching riots..." That's because they're at their death throes. It's because it's almost over and they know it. ...we could not be in a better position. So don't worry about that. With Iraqi dinar we could not be in a better position. The question is are you prepared financially and how you're set up. That's all you have to worry about...
8-16-2020 Newshound Guru Pimpy Article: "During a contact with Barzani...Al-Kazemi decides to send 320 billion dinars to Erbil". ...this is big. For just a second there...it was bad. Then yesterday it was good ...Baghdad is saying that Kurdistan is stealing the money and not paying their employees. Kurdistan is pointing a finger at Baghdad going they're not giving us our money. I knew there was a good relationship between Barzani and Al-Kazemi. So I was like gosh this doesn't look right. Something's wrong...Leave it our boy Al-Kazemi to come through...Barzani got a call from Al-Kazemi himself...Baghdad has agreed to pay 320 billion in IQD monthly...this is what we want to see...I'm glad calmer heads did prevail and this seems to be ironed out...this is a major step towards what we're looking for. A major major step. Let's hope it continues...
8-16-2020 Newshound Guru MilitiaMan Article: "The Iraqi parliament: the finance minister does not cooperate" Quote: "The government works as it has all legislative powers, and is not interested of no having the general budget."He added that "the Minister of Finance is not cooperative and does not care about Parliament and the Parliamentary Finance Committee.” ...Allawi has the data they want... He may have a reason to not, yet. A very good reason... I suspect before, Kahdimi gets to the USA there will be an adjustment made and he will then bring business to America and will have sovereignty in tow...The minister of Finance has our back, as he holds the cards... I bet they are all aces too. lol imo.
8-16-2020 Newshound/Intel Guru Mnt Goat Article: "OUT OF 186 COUNTRIES, IRAQ IS RANKED 181 IN ECONOMIC FREEDOM" So this an excellent article because it tells us the list of factors used in determining whether investors should flock to Iraq or not. Why haven’t they been knocking down the door to get in? So the rating for Iraq is not very good (almost on the bottom) and they will have to change this if they want to move ahead. Note “monetary freedom” is one of the factors. So this is not just rumor. Iraq will need to reinstate their currency so that investors can freely transfer it. Note other factors such as trade investment and financial freedom. Both of these Iraq is now lacking too.
8-16-2020 Newshound Guru MilitiaMan Article: "Representative economy: activating the law of partnership with the private sector and investment soon" Quote: "...the committee is in the process of activating the partnership law with the private sector and the investment law in the near future, as well as activating the mineral investment law...the amended Iraqi investment law is one of the best laws in the region..." They are telling us they have activation and revitalization on the mind. They need investors to help activation of industry, agriculture, minerals, etc... For them to activate and to revitalize, they need a new international exchange rate. ...they tell us the laws will be the best in the region. That is important to the investors!! Very important!!... Good stuff...
8-16-2020 Newshound Guru Breitling ...A lot of people are skeptical about what I just said [Posts over last few days] and I teach this stuff. This is what I do. This last course I gave here in Phoenix people are like 'okay, that doesn't sound...[Like what we're seeing on TV]'...I tell everyone I couldn't be happier. I could not be happier. It's completely opposite out there. "We're watching riots..." That's because they're at their death throes. It's because it's almost over and they know it. ...we could not be in a better position. So don't worry about that. With Iraqi dinar we could not be in a better position. The question is are you prepared financially and how you're set up. That's all you have to worry about...
8-16-2020 Newshound Guru Pimpy Article: "During a contact with Barzani...Al-Kazemi decides to send 320 billion dinars to Erbil". ...this is big. For just a second there...it was bad. Then yesterday it was good ...Baghdad is saying that Kurdistan is stealing the money and not paying their employees. Kurdistan is pointing a finger at Baghdad going they're not giving us our money. I knew there was a good relationship between Barzani and Al-Kazemi. So I was like gosh this doesn't look right. Something's wrong...Leave it our boy Al-Kazemi to come through...Barzani got a call from Al-Kazemi himself...Baghdad has agreed to pay 320 billion in IQD monthly...this is what we want to see...I'm glad calmer heads did prevail and this seems to be ironed out...this is a major step towards what we're looking for. A major major step. Let's hope it continues...
8-16-2020 Newshound Guru MilitiaMan Article: "The Iraqi parliament: the finance minister does not cooperate" Quote: "The government works as it has all legislative powers, and is not interested of no having the general budget."He added that "the Minister of Finance is not cooperative and does not care about Parliament and the Parliamentary Finance Committee.” ...Allawi has the data they want... He may have a reason to not, yet. A very good reason... I suspect before, Kahdimi gets to the USA there will be an adjustment made and he will then bring business to America and will have sovereignty in tow...The minister of Finance has our back, as he holds the cards... I bet they are all aces too. lol imo.
8-16-2020 Newshound/Intel Guru Mnt Goat Article: "OUT OF 186 COUNTRIES, IRAQ IS RANKED 181 IN ECONOMIC FREEDOM" So this an excellent article because it tells us the list of factors used in determining whether investors should flock to Iraq or not. Why haven’t they been knocking down the door to get in? So the rating for Iraq is not very good (almost on the bottom) and they will have to change this if they want to move ahead. Note “monetary freedom” is one of the factors. So this is not just rumor. Iraq will need to reinstate their currency so that investors can freely transfer it. Note other factors such as trade investment and financial freedom. Both of these Iraq is now lacking too.
8-15-2020 Newshound Guru MilitiaMan Kadhimi is coming to America next week. The white papers have exactly what we are waiting for. Parliament wants the data in them before he leaves to go... So do I... lol... As the 2019 FMLA is in there... Key to the solution is the exchange rate... imo.
8-15-2020 Intel Guru Footforward [Do you feel the Iraq PM’s visit on the 20th with President Trump will be significant and could you expound on your opinion weather yes or no?] ...I think they will talk about a strategic partnership. But I'm feeling the RV won't have happened by the time he gets here...
8-15-2020 Newshound Guru Kaperoni ...do you know how the auctions work? ...Currency auctions are a balance between dinar and dollar to maintain the market rate. The exchange rate in Iraq (market rate) is managed by a balance between dinar and dollars. You cannot reduce or remove one or the other without effecting the rate. So they cannot reduce the dinar with that system in place. [Note: You can always see the latest official CBI reported dinar market rate in the left column on this page.]
8-15-2020 Newshound Guru Breitling This is why we're in this. It's all about Iraq. They have confidence in us. They have confidence in the U.S. dollar. They have confidence in the market. If you don't understand that then this is the wrong investment for you...Iraq is moving forward. They're trying to be compliant so they can get in the Swiss System, add value to their currency so it can work for them. Their #1 goal...is to be able to convert it [dinar] to the U.S. dollar...every move they make is because of that.
8-15-2020 Newshound/Intel Guru Mnt Goat ...I have been told many times by the CBI itself they will continue to educate the citizens on this process as it moves ahead. To this day we have not heard any such education happening. It has been years since they educated them on the process and they will need to re-educate.
8-15-2020 Intel Guru Footforward [so what all could Iraq be waiting for? Everything I thought has happened for it to go already.] It could have probably gone already a few times. From what I'm being told there is still a bit of cleaning up to do in terms of Iranian influence.
8-15-2020 Newshound Guru Breitling What's great...is I'm not getting emails from people anymore that they're worried about this happening. Now people are of the mindset of 'how is this going to happen'. That makes me happy. It truly does. It makes me very very happy.
8-15-2020 Newshound Guru Kaperoni This option of floating the currency is also the directive that the IMF gave the central bank in 2013. Which is documented in the IMF Article IV Consultation with Iraq. Despite everyone wanting to see a significant overnight RV, that's simply will not happen and is foolish to even consider. You cannot arbitrarily change the rate and expect the world financial system to accept it. Appreciation of the exchange rate based on Iraq's economy would be the most successful and appropriate way to represent Iraq's growth and success. [post 2 of 2]
8-15-2020 Newshound Guru Kaperoni I believe there are two possible end results for the Iraqi dinar. The first, or the easy way is for them to LOP or re-denominate. The other option, and I would hope that this would be the direction that they would go is to float the currency as Iraq's economy begins to succeed. There is no 3rd option or RV option. There is simply too much currency in circulation for them to significantly overnight RV. Hopefully Iraq will pass the necessary laws to create a suitable investment climate for foreign investors to come in and build a strong market economy private sector. Doing so would create the conditions for the central bank to get off the peg that they are currently on and Float the currency allowing it to gradually appreciate based on sound monetary principles of supply and demand. [post 1 of 2....stay tuned]
8-15-2020 Intel Guru Footforward [Do you feel the Iraq PM’s visit on the 20th with President Trump will be significant and could you expound on your opinion weather yes or no?] ...I think they will talk about a strategic partnership. But I'm feeling the RV won't have happened by the time he gets here...
8-15-2020 Newshound Guru Kaperoni ...do you know how the auctions work? ...Currency auctions are a balance between dinar and dollar to maintain the market rate. The exchange rate in Iraq (market rate) is managed by a balance between dinar and dollars. You cannot reduce or remove one or the other without effecting the rate. So they cannot reduce the dinar with that system in place. [Note: You can always see the latest official CBI reported dinar market rate in the left column on this page.]
8-15-2020 Newshound Guru Breitling This is why we're in this. It's all about Iraq. They have confidence in us. They have confidence in the U.S. dollar. They have confidence in the market. If you don't understand that then this is the wrong investment for you...Iraq is moving forward. They're trying to be compliant so they can get in the Swiss System, add value to their currency so it can work for them. Their #1 goal...is to be able to convert it [dinar] to the U.S. dollar...every move they make is because of that.
8-15-2020 Newshound/Intel Guru Mnt Goat ...I have been told many times by the CBI itself they will continue to educate the citizens on this process as it moves ahead. To this day we have not heard any such education happening. It has been years since they educated them on the process and they will need to re-educate.
8-15-2020 Intel Guru Footforward [so what all could Iraq be waiting for? Everything I thought has happened for it to go already.] It could have probably gone already a few times. From what I'm being told there is still a bit of cleaning up to do in terms of Iranian influence.
8-15-2020 Newshound Guru Breitling What's great...is I'm not getting emails from people anymore that they're worried about this happening. Now people are of the mindset of 'how is this going to happen'. That makes me happy. It truly does. It makes me very very happy.
8-15-2020 Newshound Guru Kaperoni This option of floating the currency is also the directive that the IMF gave the central bank in 2013. Which is documented in the IMF Article IV Consultation with Iraq. Despite everyone wanting to see a significant overnight RV, that's simply will not happen and is foolish to even consider. You cannot arbitrarily change the rate and expect the world financial system to accept it. Appreciation of the exchange rate based on Iraq's economy would be the most successful and appropriate way to represent Iraq's growth and success. [post 2 of 2]
8-15-2020 Newshound Guru Kaperoni I believe there are two possible end results for the Iraqi dinar. The first, or the easy way is for them to LOP or re-denominate. The other option, and I would hope that this would be the direction that they would go is to float the currency as Iraq's economy begins to succeed. There is no 3rd option or RV option. There is simply too much currency in circulation for them to significantly overnight RV. Hopefully Iraq will pass the necessary laws to create a suitable investment climate for foreign investors to come in and build a strong market economy private sector. Doing so would create the conditions for the central bank to get off the peg that they are currently on and Float the currency allowing it to gradually appreciate based on sound monetary principles of supply and demand. [post 1 of 2....stay tuned]
8-14-2020 Intel Guru Bruce [via WiserNow] ... Al-Kazemi and Iraq and we believe Shabibi and others will be coming to meet with the President to announce their sovereignty – should be on the 20th ...we are moving forward to what should be our ultimate goal... The redemption centers...everybody is on call...I was told...we go from an everyday possibility to an every minute possibility – we can watch for it any minute – so that puts us in a perspective of a little closer time frame...
8-14-2020 Intel/Newshound Guru sandyf Many seem to be under the impression that what goes down can go up, but it doesn't work like that in finance. There are established accounting procedures in place for depreciation but other than gold, there are no such procedures for appreciation. Many moons ago the government banks in Iraq had to get permission from the IMF to revalue certain assets, something that caused a bit of hysteria at the time. No country has ever revalued the currency to an extent that would mean changes in the accounts, minor revaluations can be absorbed relatively easily.
8-14-2020 Newshound Guru Breitling ...we're all speculating. I believe this 100%. But I can't tell you the exact date. Think about Iraq, they want this to happen more than you and I but because they have to be compliant they can't even pick a date. That date is when they are compliant. When it works for their economy. We're all in the same boat.
8-14-2020 Newshound Guru Pimpy ...this is big news. We knew this is happening and I have a huge feeling this is why Al-Kazimi and the President Saleh are talking about dissolving the parliament...Once Al-Kazemi made his announcement that he was coming to Washington to see the President, Iranian-backed politicians started making threats and threats and more threats...Al-Kazemi is coming over here to start getting Iraq where it needs to be - back on track with the international community...we see Iraq earning their sovereignty. They're going to be a standalone country as they should...we've got 6 days from today before Al-Kazemi shows up (barring any incidences)...let's see if Trump can restore the sovereignty back to Iraq. It's needed. And then remove the restriction off of the currency. I think a lot of people are anticipating this, not just us who are holding dinars...it looks like things are going in the right direction despite opposition...by the end of next week we're gonna know a whole lot more about what's going on...
8-14-2020 Intel Guru MarkZ [via PDK] It’s been quiet this week in different banking centers. There is a lot of chatter that we are looking through the 15th to the 20th…the culmination will be on the 20th when the Iraqi Prime Minister comes and announces a new international rate. That is what I am hearing. So no...change of rates …yet….
8-14-2020 Newshound Guru MilitiaMan ...Kahdimi...arrives next week to Washington...He will come with reforms in hand and security in place... a window would have to be open during a time frame where banks are on a level playing field and typically that is when all banks are closed prior to reopening of international markets. We have another time this weekend for that potentiality to allow for a smooth transition for more than one currency to adjust. As the IQD in of it self would require adjustments globally too...So let’s see with the days bring us. They sure look good!!
8-14-2020 Newshound Guru Jeff ...The Trump Administration are the only ones in control of the timing of the rate change...the dinar is an asset to the U.S. dollar...in other words maybe we're transitioning the U.S. dollar to become asset backed has to be timed with Iraq's rate change. Because the dinar cannot be and will not be an asset to the dollar until the dinar itself has value...it's all about the timing...
8-14-2020 Newshound/Intel Guru Mnt Goat So, we all know as investors that these currency auctions must end in order to bring economic stability and investors to Iraq. This concept is an integral part of the financial reform process they are talking about in other parts of today’s articles section. Al Kazemi is slow to react to so what is needed and they have given him 100 days to work this out. Article: "STATE OF LAW: EVALUATING THE WORK OF THE KAZEMI GOVERNMENT IN 100 DAYS: ITS STEPS ARE SLOW" I quote from the article –“ WE INDICATE THAT IT IS STILL TAKING SLOW STEPS INCONSISTENT WITH THE CURRENT SITUATION, and SO FAR THERE IS NO CLEAR AND TANGIBLE VISION TO REFORM THE FINANCIAL SYSTEM."
8-14-2020 Intel/Newshound Guru sandyf Many seem to be under the impression that what goes down can go up, but it doesn't work like that in finance. There are established accounting procedures in place for depreciation but other than gold, there are no such procedures for appreciation. Many moons ago the government banks in Iraq had to get permission from the IMF to revalue certain assets, something that caused a bit of hysteria at the time. No country has ever revalued the currency to an extent that would mean changes in the accounts, minor revaluations can be absorbed relatively easily.
8-14-2020 Newshound Guru Breitling ...we're all speculating. I believe this 100%. But I can't tell you the exact date. Think about Iraq, they want this to happen more than you and I but because they have to be compliant they can't even pick a date. That date is when they are compliant. When it works for their economy. We're all in the same boat.
8-14-2020 Newshound Guru Pimpy ...this is big news. We knew this is happening and I have a huge feeling this is why Al-Kazimi and the President Saleh are talking about dissolving the parliament...Once Al-Kazemi made his announcement that he was coming to Washington to see the President, Iranian-backed politicians started making threats and threats and more threats...Al-Kazemi is coming over here to start getting Iraq where it needs to be - back on track with the international community...we see Iraq earning their sovereignty. They're going to be a standalone country as they should...we've got 6 days from today before Al-Kazemi shows up (barring any incidences)...let's see if Trump can restore the sovereignty back to Iraq. It's needed. And then remove the restriction off of the currency. I think a lot of people are anticipating this, not just us who are holding dinars...it looks like things are going in the right direction despite opposition...by the end of next week we're gonna know a whole lot more about what's going on...
8-14-2020 Intel Guru MarkZ [via PDK] It’s been quiet this week in different banking centers. There is a lot of chatter that we are looking through the 15th to the 20th…the culmination will be on the 20th when the Iraqi Prime Minister comes and announces a new international rate. That is what I am hearing. So no...change of rates …yet….
8-14-2020 Newshound Guru MilitiaMan ...Kahdimi...arrives next week to Washington...He will come with reforms in hand and security in place... a window would have to be open during a time frame where banks are on a level playing field and typically that is when all banks are closed prior to reopening of international markets. We have another time this weekend for that potentiality to allow for a smooth transition for more than one currency to adjust. As the IQD in of it self would require adjustments globally too...So let’s see with the days bring us. They sure look good!!
8-14-2020 Newshound Guru Jeff ...The Trump Administration are the only ones in control of the timing of the rate change...the dinar is an asset to the U.S. dollar...in other words maybe we're transitioning the U.S. dollar to become asset backed has to be timed with Iraq's rate change. Because the dinar cannot be and will not be an asset to the dollar until the dinar itself has value...it's all about the timing...
8-14-2020 Newshound/Intel Guru Mnt Goat So, we all know as investors that these currency auctions must end in order to bring economic stability and investors to Iraq. This concept is an integral part of the financial reform process they are talking about in other parts of today’s articles section. Al Kazemi is slow to react to so what is needed and they have given him 100 days to work this out. Article: "STATE OF LAW: EVALUATING THE WORK OF THE KAZEMI GOVERNMENT IN 100 DAYS: ITS STEPS ARE SLOW" I quote from the article –“ WE INDICATE THAT IT IS STILL TAKING SLOW STEPS INCONSISTENT WITH THE CURRENT SITUATION, and SO FAR THERE IS NO CLEAR AND TANGIBLE VISION TO REFORM THE FINANCIAL SYSTEM."
8-13-2020 Newshound Guru Kaperoni ...The first thing a lop does that benefits Iraq is it reduces the money supply from trillions to billions. Which is a must. The second thing it does is by deleting the zeros it puts the currency on par with other currencies. And lastly once this is done the dinar could go up in value, but it would not significantly increase its value X1000 like most are wishing for. It would increase minimally. Not what we want to see if they chose this path. So yes, a LOP does benefit Iraq.
8-13-2020 Newshound Guru Pimpy Kurdistan and Baghdad going back and forth over something I'm sure can get resolved really quick. We got about one week away from Al-Kazemi getting here. Let's keep our fingers crossed that all the things that need to be done will be completed before he gets here so we could just move forward with the reinstatement of their sovereignty and the restrictions moved off of their currency...
8-13-2020 Newshound Guru Breitling You don't know what Iraq is doing and you don't know how they are motivated if you don't know that they're trying to get their currency up in value so they can take advantage of the Swiss System and be part of the global trade system. Remember the Untied States is a trade empire...Iraq is trying to comply. That's how you measure this thing correctly...Iraq is doing everything they can right now through parliament and their laws to get attached to the U.S. dollar...they want to be part of the west. They want to be part of our market. And that's what they're doing.
8-13-2020 Newshound Guru Jeff ...we will not see a rate change until Kurdistan and Baghdad resolve their difference and reach that comprehensive agreement. It's that simple. That's really the #1 thing that you guys have seen since the beginning of this year...all the articles coming out have been talking about Kurdistan and Baghdad reaching a comprehensive agreement. IMO they will not reach an agreement until September. You guys know September is red hot...Iraq only has money to cover them through August...they just told you they are not going to be borrowing anymore money.
8-13-2020 Intel Guru Frank26 In my strong opinion I still strongly believe that Kazimi will make some type of an announcement about their currency, their monetary reform before he comes to the United States of America. And I really feel that because... What is the best way to walk into the White House front lawn rose garden? Smelling like a rose. So Kazimi would you smell like a rose if you make an announcement about your monetary reform that affects your economic reform that everybody is waiting to come into your county to do economic reform through the contracts? Sure it would...
8-13-2020 Newshound Guru Adam Montana OIL...45.21 dollars per barrel... happy news for Iraq, and this does nothing but bolster their confidence...We know it's going to go back to former levels seen this year. We can be fairly certain this current low rate won't stick around...and of course I'm talking about both OIL and also Dinar. As much as I state that the Auctions aren't an indicator of an RV, the continued solid auctions just prove that Iraq is a well oiled (haha) machine. One of the biggest events on the calendar is our boy Kazzamie coming to America. ...I love the progress. I want to see some HCL news, but it's very possible that they are lining a few things up before it goes through. When we have HCL, I believe we will get our RV...It's coming! ...go HCL, go Kazzammie, GO RV!!!
8-13-2020 Guest Guru Austin-Powers-For-PM Think about this for a minute. There have been lots of LOP's over the years. How does a country behave before a LOP? They spell it out in a VERY crystal-clear fashion for the population. They tell them in a totally unmistakable way that their large note will be the same value as the smaller note, and that the large note has a very short life span in the marketplace before they become worthless. Has Iraq in any way, shape, or form indicated any of this to their population? NO!! As a matter of fact, they have been very coy in how they are treating the "removing the 3 zeros" and have stated very clearly that the large notes will CO-EXIST with the lower denominations. I can't see from Iraq's behavior how this could be a LOP.
8-13-2020 Newshound Guru Breitling It's not just adding value to their currency. It's they want to add value to their currency and make sure they can use the damn thing. So can they take that currency and put it into the Swiss system and convert it to the U.S. dollar. That's it. That's what they're hashing out...if you believe this hype, this garbage - the U.S. dollar is about to fall, that there's something wrong with it...You're stupid and blind...the dollar is the most valuable currency on the plant. Meaning 72% of the world's international markets use the U.S. dollar. The Fed was the one who managed to get it there...it's the most powerful currency on the planet that's ever existed...if you don't know what that means, that means you've never gone to another country and done business before because you'll realize the power of the U.S. dollar...so if you want to be part of the west's system, the United States system how do you do that? You have to convert to the U.S. dollar...That's what Iraq is doing...
8-13-2020 Newshound Guru MilitiaMan ...I am sure the event we await is looking to be in motion more and more each day...there are so many indicators that point to it. Iraq has to the best of my knowledge notified the BIS they are to raise the value of their currency, imo...The BIS has in return, also with the same sentiment have notified other banks of that action and we learned that by PINGs noticed around the world recently...Those pings are reactionary and necessary...
8-13-2020 Intel Guru Bruce [via WiserNow] ...Iraq has definitely revalued the currency – I know what the rate is - IN COUNTRY – that means in that country of Iraq – and it’s between $8.50 and $9.00 – I’ll just tell you that – That doesn’t meant that is what we’re going to get here by the way – Our rate could be significantly higher – In fact – yesterday – when the ISX came on for the first part of the week - our week – Monday – they - that’s the Iraq Stock Exchange - they were trading but they shut it down after the first half hour of trading...The reason they did that was because during that time the Iraqi Dinar was also trading and going too high...they did not want the value of the dinar to exceed what their expectations were for it – my understanding was in that half hour of time the market was open the Dinar increased 50% in value...So – I don’t know exactly where that puts us – I know roughly what I’ve heard – where we should be – but all I can say is regarding Dinar and Dong – specifically - I think you have absolutely nothing to worry about and it wouldn’t surprise me if both of those could be in double figures – now that would be a front screen look...
8-13-2020 Newshound Guru Pimpy Kurdistan and Baghdad going back and forth over something I'm sure can get resolved really quick. We got about one week away from Al-Kazemi getting here. Let's keep our fingers crossed that all the things that need to be done will be completed before he gets here so we could just move forward with the reinstatement of their sovereignty and the restrictions moved off of their currency...
8-13-2020 Newshound Guru Breitling You don't know what Iraq is doing and you don't know how they are motivated if you don't know that they're trying to get their currency up in value so they can take advantage of the Swiss System and be part of the global trade system. Remember the Untied States is a trade empire...Iraq is trying to comply. That's how you measure this thing correctly...Iraq is doing everything they can right now through parliament and their laws to get attached to the U.S. dollar...they want to be part of the west. They want to be part of our market. And that's what they're doing.
8-13-2020 Newshound Guru Jeff ...we will not see a rate change until Kurdistan and Baghdad resolve their difference and reach that comprehensive agreement. It's that simple. That's really the #1 thing that you guys have seen since the beginning of this year...all the articles coming out have been talking about Kurdistan and Baghdad reaching a comprehensive agreement. IMO they will not reach an agreement until September. You guys know September is red hot...Iraq only has money to cover them through August...they just told you they are not going to be borrowing anymore money.
8-13-2020 Intel Guru Frank26 In my strong opinion I still strongly believe that Kazimi will make some type of an announcement about their currency, their monetary reform before he comes to the United States of America. And I really feel that because... What is the best way to walk into the White House front lawn rose garden? Smelling like a rose. So Kazimi would you smell like a rose if you make an announcement about your monetary reform that affects your economic reform that everybody is waiting to come into your county to do economic reform through the contracts? Sure it would...
8-13-2020 Newshound Guru Adam Montana OIL...45.21 dollars per barrel... happy news for Iraq, and this does nothing but bolster their confidence...We know it's going to go back to former levels seen this year. We can be fairly certain this current low rate won't stick around...and of course I'm talking about both OIL and also Dinar. As much as I state that the Auctions aren't an indicator of an RV, the continued solid auctions just prove that Iraq is a well oiled (haha) machine. One of the biggest events on the calendar is our boy Kazzamie coming to America. ...I love the progress. I want to see some HCL news, but it's very possible that they are lining a few things up before it goes through. When we have HCL, I believe we will get our RV...It's coming! ...go HCL, go Kazzammie, GO RV!!!
8-13-2020 Guest Guru Austin-Powers-For-PM Think about this for a minute. There have been lots of LOP's over the years. How does a country behave before a LOP? They spell it out in a VERY crystal-clear fashion for the population. They tell them in a totally unmistakable way that their large note will be the same value as the smaller note, and that the large note has a very short life span in the marketplace before they become worthless. Has Iraq in any way, shape, or form indicated any of this to their population? NO!! As a matter of fact, they have been very coy in how they are treating the "removing the 3 zeros" and have stated very clearly that the large notes will CO-EXIST with the lower denominations. I can't see from Iraq's behavior how this could be a LOP.
8-13-2020 Newshound Guru Breitling It's not just adding value to their currency. It's they want to add value to their currency and make sure they can use the damn thing. So can they take that currency and put it into the Swiss system and convert it to the U.S. dollar. That's it. That's what they're hashing out...if you believe this hype, this garbage - the U.S. dollar is about to fall, that there's something wrong with it...You're stupid and blind...the dollar is the most valuable currency on the plant. Meaning 72% of the world's international markets use the U.S. dollar. The Fed was the one who managed to get it there...it's the most powerful currency on the planet that's ever existed...if you don't know what that means, that means you've never gone to another country and done business before because you'll realize the power of the U.S. dollar...so if you want to be part of the west's system, the United States system how do you do that? You have to convert to the U.S. dollar...That's what Iraq is doing...
8-13-2020 Newshound Guru MilitiaMan ...I am sure the event we await is looking to be in motion more and more each day...there are so many indicators that point to it. Iraq has to the best of my knowledge notified the BIS they are to raise the value of their currency, imo...The BIS has in return, also with the same sentiment have notified other banks of that action and we learned that by PINGs noticed around the world recently...Those pings are reactionary and necessary...
8-13-2020 Intel Guru Bruce [via WiserNow] ...Iraq has definitely revalued the currency – I know what the rate is - IN COUNTRY – that means in that country of Iraq – and it’s between $8.50 and $9.00 – I’ll just tell you that – That doesn’t meant that is what we’re going to get here by the way – Our rate could be significantly higher – In fact – yesterday – when the ISX came on for the first part of the week - our week – Monday – they - that’s the Iraq Stock Exchange - they were trading but they shut it down after the first half hour of trading...The reason they did that was because during that time the Iraqi Dinar was also trading and going too high...they did not want the value of the dinar to exceed what their expectations were for it – my understanding was in that half hour of time the market was open the Dinar increased 50% in value...So – I don’t know exactly where that puts us – I know roughly what I’ve heard – where we should be – but all I can say is regarding Dinar and Dong – specifically - I think you have absolutely nothing to worry about and it wouldn’t surprise me if both of those could be in double figures – now that would be a front screen look...
8-12-2020 Intel Guru Frank26 ...the details have been worked out for the monetary reform, those details were a long time ago. What we're seeing as far as the 20th with the Prime Minister Kazimi and our President Trump is nothing more than a table that has already been set. Kazimi's coming over to feast off of that table. It's nothing more but a formality. It's really about the investments that the United States of America is about to make in Iraq . Now there's no way we can do this unless they're Article VIII which means that they have to raise the value to be Article VIII according to the IMF. They have to make this announcement.
8-12-2020 Newshound Guru Breitling People are asking me 'Is Trump going to cause the dinar to revalue for his election? Is that going to help him?' Didn't we have this conversation when George Bush Jr. was running for president? You guys they don't have that sort of power over a currency...
8-12-2020 Newshound/Intel Guru Mnt Goat
4. monitor the economy for hyper-inflation for a couple of weeks or more
5. then reinstate the currency to the global currency exchanges and allow it to trade openly meaning FOREX (buying and selling). We do not go to the bank until this final step in the process happens...
Having said all this these steps could all happen very suddenly within a week or may take longer. It depends on the reaction of the market inside Iraq . [post 2 of 2]
8-12-2020 Newshound/Intel Guru Mnt Goat ...In the past we have been given a diagram charting decades of rates for the dinar by the CBI. Seems they are targeting around $4.25 as a stable rate in the long run. But to get there, steps must be followed:
1. end the currency auctions and its corruption as is today.
2. delete the zeroes and launch the newer notes and coins to convert to the lower denominations;
3. revalue the dinar in-country by removing the zeros from the rate meaning That is a .000873 rate would become 87 cents. Of course, they want to get the dinar par or to exceed with the US dollar to start...They will want to make the dinar more desirable. The start may mean a provisional rate goal of .00100+ before starting then drop 3 decimal places to at least a 1.00. [post 1 of 2....stay tuned]
8-12-2020 Intel Guru Footforward [reference Guru Kaperoni's post 8-12-2020] ...This absolutely will not happen in my opinion. ...Doing a LOP doesn't help Iraq at all. Not one bit. They need to add value to their currency. They already have lower denominations printed and ready to go. You also don't change your exchange rate be doing a LOP or redenomimation. You actually have to add value to the currency. A LOP doesn't do this. At all. It just makes your notes a smaller denomination. This would not make it equal in value to the USD.
8-12-2020 Newshound Guru Pimpy Trump Quote: "We're looking at also considering a capital gains tax cut which would create a lot more jobs so we're looking very seriously at a capital gains tax cut..." Yeah we'll take a capital gains tax cut. That means when the RV happens...you wouldn't pay no capital gains on them if he cuts the taxes on it...you would only pay state tax. So make sure you move to a state that has no state tax...he's going to get what he wants... [Note: Some gurus feel the dinar will be taxed at regular income and not capital gains. Speak with your tax professional at the appropriate time. We love hearing possibilities and strategies but the only opinion that matters when it comes to tax liability is the IRS's.]
8-12-2020 Intel Guru Frank26 Trump right now is working with Saudi Arabia and Kuwait concerning the monetary reform of the Iraqi dinar. It's getting done. It just has to include many in the Middle East...It is not just Iraq...IMO Saudi Arabia and Kuwait are playing an important part in the monetary reform of the Iraqi dinar. And they've done a very good job by the way...Saudi is playing a very very big part family in what is going on with our study...the contracts that they're going to have with Saudi to rebuild Iraq is amazing. It's huge. It's big...
8-12-2020 Newshound Guru Breitling ...every once in a while one of you guys will crack. You've been waiting 10 years, 5 years, 4 years, whatever and you'll crack and I get attacked...I snap back. It's the same response. If you don't believe in this investment, what are you doing emailing me? What are you doing even listening to me? There's no need. Do not worry about something you can not control...you either have the patients for this or you don't. There's no reason to attack anybody. There's no reason to attack someone who disagrees with you in this investment because it doesn't do anything...it's not going to hurt me or anything like that. I'm still in this...and there's no one who believes this more than me. And if you don't, there's no reason for you to listen to me.
8-12-2020 Intel Guru BobTheTaxMan ...it's been a real interesting progress in this game that we're playing...the thing that I like too is that 'no news' in this world is kind of good news. That's how I see it...they [Iraq] are making huge strides forward. They are doing everything they can to get this thing [RV/Rate change] done. They have to have it. They don't have a choice. On our end to be prepared for it is what makes it obviously more real. But, hey, it IS real. It absolutely is real. The times coming. It's very very shortly...everything that needs to be done is freaking being done. It is actually being done...a lot of people have prepared themselves, are still preparing themselves to take full advantage of this opportunity...as old as I am...this is a once in a lifetime opportunity...you're just not gonna see this [type of thing] come around very very often. You're just not gonna see it...I'm happy.
8-12-2020 Newshound Guru Kaperoni I am watching parliament closely for such a vote and luckily so far that has not occured. What I am hoping for is Iraq does nothing and decides to create a market economy. Doing so they could invite foreign investors into Iraq to participate in the rebuilding and growth of the economy. If they do, there is a chance the dinar as a result could rise in value over time, That is a realistic and justified growth. That also has been discussed by the media professional organization such as the IMF. I own dinar, and do think there is a chance for it to appreciate, just not how the gurus say. It will take years and more importantly, it will take Iraq to change there ways and get things done. But so far, Iraq talks a good story but accomplishes very little. [post 2 of 2]
8-12-2020 Newshound Guru Kaperoni ...if the CBI does try to make the dinar equal to the dollar, in some type of overnight event, it be a LOP or redenomination. Meaning parliament would vote to remove the zeros off the currency and they would issue a new currency without them. Such an event would not make you any money, it would be a neutral event. In doing so, the central bank would increase the value, and reduce the money supply from trillions to billions (42 trillion to 42 billion) and your dinar would be worth that same as you paid for it or about. [post 1 of 2....stay tuned]
8-12-2020 Intel Guru Frank26 ...the details have been worked out a long time ago and that's why Kazimi is going to go to Washington D.C. on the 20th. Because the details, the demands, the benchmarks have all been met. What President Trump is doing right now is loud concerning Iraq...Donald Trump simply wants Iraq to be 100% ready to go and Iranian influence has to be removed ... this is really good because what we're seeing is exactly what we need in order for Kazimi to go to Washington DC and talk to Donald Trump...
8-12-2020 Newshound Guru Breitling People are asking me 'Is Trump going to cause the dinar to revalue for his election? Is that going to help him?' Didn't we have this conversation when George Bush Jr. was running for president? You guys they don't have that sort of power over a currency...
8-12-2020 Newshound/Intel Guru Mnt Goat
4. monitor the economy for hyper-inflation for a couple of weeks or more
5. then reinstate the currency to the global currency exchanges and allow it to trade openly meaning FOREX (buying and selling). We do not go to the bank until this final step in the process happens...
Having said all this these steps could all happen very suddenly within a week or may take longer. It depends on the reaction of the market inside Iraq . [post 2 of 2]
8-12-2020 Newshound/Intel Guru Mnt Goat ...In the past we have been given a diagram charting decades of rates for the dinar by the CBI. Seems they are targeting around $4.25 as a stable rate in the long run. But to get there, steps must be followed:
1. end the currency auctions and its corruption as is today.
2. delete the zeroes and launch the newer notes and coins to convert to the lower denominations;
3. revalue the dinar in-country by removing the zeros from the rate meaning That is a .000873 rate would become 87 cents. Of course, they want to get the dinar par or to exceed with the US dollar to start...They will want to make the dinar more desirable. The start may mean a provisional rate goal of .00100+ before starting then drop 3 decimal places to at least a 1.00. [post 1 of 2....stay tuned]
8-12-2020 Intel Guru Footforward [reference Guru Kaperoni's post 8-12-2020] ...This absolutely will not happen in my opinion. ...Doing a LOP doesn't help Iraq at all. Not one bit. They need to add value to their currency. They already have lower denominations printed and ready to go. You also don't change your exchange rate be doing a LOP or redenomimation. You actually have to add value to the currency. A LOP doesn't do this. At all. It just makes your notes a smaller denomination. This would not make it equal in value to the USD.
8-12-2020 Newshound Guru Pimpy Trump Quote: "We're looking at also considering a capital gains tax cut which would create a lot more jobs so we're looking very seriously at a capital gains tax cut..." Yeah we'll take a capital gains tax cut. That means when the RV happens...you wouldn't pay no capital gains on them if he cuts the taxes on it...you would only pay state tax. So make sure you move to a state that has no state tax...he's going to get what he wants... [Note: Some gurus feel the dinar will be taxed at regular income and not capital gains. Speak with your tax professional at the appropriate time. We love hearing possibilities and strategies but the only opinion that matters when it comes to tax liability is the IRS's.]
8-12-2020 Intel Guru Frank26 Trump right now is working with Saudi Arabia and Kuwait concerning the monetary reform of the Iraqi dinar. It's getting done. It just has to include many in the Middle East...It is not just Iraq...IMO Saudi Arabia and Kuwait are playing an important part in the monetary reform of the Iraqi dinar. And they've done a very good job by the way...Saudi is playing a very very big part family in what is going on with our study...the contracts that they're going to have with Saudi to rebuild Iraq is amazing. It's huge. It's big...
8-12-2020 Newshound Guru Breitling ...every once in a while one of you guys will crack. You've been waiting 10 years, 5 years, 4 years, whatever and you'll crack and I get attacked...I snap back. It's the same response. If you don't believe in this investment, what are you doing emailing me? What are you doing even listening to me? There's no need. Do not worry about something you can not control...you either have the patients for this or you don't. There's no reason to attack anybody. There's no reason to attack someone who disagrees with you in this investment because it doesn't do anything...it's not going to hurt me or anything like that. I'm still in this...and there's no one who believes this more than me. And if you don't, there's no reason for you to listen to me.
8-12-2020 Intel Guru BobTheTaxMan ...it's been a real interesting progress in this game that we're playing...the thing that I like too is that 'no news' in this world is kind of good news. That's how I see it...they [Iraq] are making huge strides forward. They are doing everything they can to get this thing [RV/Rate change] done. They have to have it. They don't have a choice. On our end to be prepared for it is what makes it obviously more real. But, hey, it IS real. It absolutely is real. The times coming. It's very very shortly...everything that needs to be done is freaking being done. It is actually being done...a lot of people have prepared themselves, are still preparing themselves to take full advantage of this opportunity...as old as I am...this is a once in a lifetime opportunity...you're just not gonna see this [type of thing] come around very very often. You're just not gonna see it...I'm happy.
8-12-2020 Newshound Guru Kaperoni I am watching parliament closely for such a vote and luckily so far that has not occured. What I am hoping for is Iraq does nothing and decides to create a market economy. Doing so they could invite foreign investors into Iraq to participate in the rebuilding and growth of the economy. If they do, there is a chance the dinar as a result could rise in value over time, That is a realistic and justified growth. That also has been discussed by the media professional organization such as the IMF. I own dinar, and do think there is a chance for it to appreciate, just not how the gurus say. It will take years and more importantly, it will take Iraq to change there ways and get things done. But so far, Iraq talks a good story but accomplishes very little. [post 2 of 2]
8-12-2020 Newshound Guru Kaperoni ...if the CBI does try to make the dinar equal to the dollar, in some type of overnight event, it be a LOP or redenomination. Meaning parliament would vote to remove the zeros off the currency and they would issue a new currency without them. Such an event would not make you any money, it would be a neutral event. In doing so, the central bank would increase the value, and reduce the money supply from trillions to billions (42 trillion to 42 billion) and your dinar would be worth that same as you paid for it or about. [post 1 of 2....stay tuned]
8-12-2020 Intel Guru Frank26 ...the details have been worked out a long time ago and that's why Kazimi is going to go to Washington D.C. on the 20th. Because the details, the demands, the benchmarks have all been met. What President Trump is doing right now is loud concerning Iraq...Donald Trump simply wants Iraq to be 100% ready to go and Iranian influence has to be removed ... this is really good because what we're seeing is exactly what we need in order for Kazimi to go to Washington DC and talk to Donald Trump...
8-11-2020 Intel/Newshound Guru sandyf Kap [Guru Kaperoni] is quite right in what he says regarding Iraq , never going to happen. However an adjustment to the exchange rate does not have to be the result of any action by the country. In 1967 GBP was devalued by 14% and as at that time Sterling was the predominant reserve currency nearly every country had to adjust rates, effectively a Global Currency Reset.
8-11-2020 Newshound Guru Pimpy There seems to be a lot of great strides towards Iraq earning their sovereignty, which is really super important. We are keeping an eye on that.
8-11-2020 Intel Guru Frank26 When I called [guru] Walkingstick and I told him about this he says keep your eye on it...we've been seeing this for a while now haven't we. Shoot for the last year and a half at least. For the last almost 2 months we've been seeing massive amounts of the dinar moving and I told you not at a program rate but at a different rate...I do not believe that this is something that is labeled as a coincidence, as an accident...I see this as a movement. I see this as the Iraqi dinar being positioned internationally. I believe you're gonna see an awful lot more of it... [Post 2 of 2]
8-11-2020 Intel Guru Frank26 ...Angel1...sends me this [from so-and-so converter site. -Image] IQD/USD - IQD 1 = $.0.8700 IQD = $.0.008. hmmm. [Frank says] 'Let me know if you see anymore'...five minutes later ring-a-ding-ding "Frank I just got another text." [Image from converter site text notification] "Sunday August 9 Currency Alert! IQD/USD 0.8700$ = 1 .0008$ = 1...this time it came through as a "ping" [Text Notification]...5 minutes later he did it again. What?!...it goes on and on...but my friend gets 11 pings from a specific clearinghouse...It's showing that the IQD is at .0008 but then on top you can see that the ping that came through was showing that 1 IQD is now equal to .87 American cents. And we saw it happen 11 times in a row. What does it mean? [Post 1 of 2....stay tuned]
8-11-2020 Newshound/Intel Guru Mnt Goat Article: "TRUMP'S ADVISOR NAMES TO SHAFAQ NEWS TEN FILES FOR DISCUSSION WITH AL-KAZEMI IN WASHINGTON" Quote: "He explained that he would meet US President Donald Trump on the twentieth of this month." We know that al-Kazemi had been invited to the White house in DC. He will speak directly with president Trump. This alone tells us he is a good guy and will be working for the restoration of Iraq in “its glory days” as has been said so many times is their goal. This includes the currency and we have been told many times it will also revalue to these glory days. Could the CBI begin the process...when he returns? Maybe if the meeting goes successfully. But at this point it is only speculation...
8-11-2020 Newshound Guru Pimpy ...August 20th [Al-Kazemi's planned visit to Washington] - that's a few days away. Let's just hope that we get enough accomplished between now and then where we can get these guys sovereignty once again, recognized internationally and the restrictions moved off of their currency...
8-11-2020 Intel Guru MarkZ [via PDK] Still quiet with gag orders in effect in the banking centers... I am hearing today is a possibility but no one will give me specifics. But people are on the edge of their seats. At the redemption center- I get “no comment” They have a skeleton crew and waiting for the call to be fully staffed. ...I’m getting a whole lot of quiet.
8-11-2020 Intel Guru Frank26 ...I said to you very clearly...I want you to look for this week is the word sovereign. Vice President Pence comes out and he says words in a rather interesting speech...it was exciting that you see Vice President Pence...talking about Iraq...And what did he say? 'Iraq is strong and sovereign.' Hello. So there's your word. Coincidence? No. But what was a coincidence though was a few hours later you got President Trump himself come out and he says, 'There's going to be cuts in both your income and your capital gains taxes.' ...so he says out of the blue, on the same day [as] the key word 'sovereign'...talk about timing. Alright maybe it's a coincidence. But golly this coincidence grabbed me!
8-11-2020 Newshound Guru Pimpy ...to be quite honest, man, I understand why the bank was making a pitch for a rate around $1.13 / $1.34 but man after talking to my friend and thinking this over I can understand why they might go ahead with the $3.22 rate. I'm NOT saying that's what the rate is. I'm just saying they don't have anything to lose. They have nothing there. They need to rebuild everything. They need purchasing power. So if we reinstate the rate at $3.22 that gives Iraq the purchasing power they need to import all the supplies and goodies they need to start rebuilding that country. Then later on if they want to go back and do an adjustment and lower it then by all means you could do so. But for now they have nothing whatsoever...
8-11-2020 Newshound Guru Pimpy There seems to be a lot of great strides towards Iraq earning their sovereignty, which is really super important. We are keeping an eye on that.
8-11-2020 Intel Guru Frank26 When I called [guru] Walkingstick and I told him about this he says keep your eye on it...we've been seeing this for a while now haven't we. Shoot for the last year and a half at least. For the last almost 2 months we've been seeing massive amounts of the dinar moving and I told you not at a program rate but at a different rate...I do not believe that this is something that is labeled as a coincidence, as an accident...I see this as a movement. I see this as the Iraqi dinar being positioned internationally. I believe you're gonna see an awful lot more of it... [Post 2 of 2]
8-11-2020 Intel Guru Frank26 ...Angel1...sends me this [from so-and-so converter site. -Image] IQD/USD - IQD 1 = $.0.8700 IQD = $.0.008. hmmm. [Frank says] 'Let me know if you see anymore'...five minutes later ring-a-ding-ding "Frank I just got another text." [Image from converter site text notification] "Sunday August 9 Currency Alert! IQD/USD 0.8700$ = 1 .0008$ = 1...this time it came through as a "ping" [Text Notification]...5 minutes later he did it again. What?!...it goes on and on...but my friend gets 11 pings from a specific clearinghouse...It's showing that the IQD is at .0008 but then on top you can see that the ping that came through was showing that 1 IQD is now equal to .87 American cents. And we saw it happen 11 times in a row. What does it mean? [Post 1 of 2....stay tuned]
8-11-2020 Newshound/Intel Guru Mnt Goat Article: "TRUMP'S ADVISOR NAMES TO SHAFAQ NEWS TEN FILES FOR DISCUSSION WITH AL-KAZEMI IN WASHINGTON" Quote: "He explained that he would meet US President Donald Trump on the twentieth of this month." We know that al-Kazemi had been invited to the White house in DC. He will speak directly with president Trump. This alone tells us he is a good guy and will be working for the restoration of Iraq in “its glory days” as has been said so many times is their goal. This includes the currency and we have been told many times it will also revalue to these glory days. Could the CBI begin the process...when he returns? Maybe if the meeting goes successfully. But at this point it is only speculation...
8-11-2020 Newshound Guru Pimpy ...August 20th [Al-Kazemi's planned visit to Washington] - that's a few days away. Let's just hope that we get enough accomplished between now and then where we can get these guys sovereignty once again, recognized internationally and the restrictions moved off of their currency...
8-11-2020 Intel Guru MarkZ [via PDK] Still quiet with gag orders in effect in the banking centers... I am hearing today is a possibility but no one will give me specifics. But people are on the edge of their seats. At the redemption center- I get “no comment” They have a skeleton crew and waiting for the call to be fully staffed. ...I’m getting a whole lot of quiet.
8-11-2020 Intel Guru Frank26 ...I said to you very clearly...I want you to look for this week is the word sovereign. Vice President Pence comes out and he says words in a rather interesting speech...it was exciting that you see Vice President Pence...talking about Iraq...And what did he say? 'Iraq is strong and sovereign.' Hello. So there's your word. Coincidence? No. But what was a coincidence though was a few hours later you got President Trump himself come out and he says, 'There's going to be cuts in both your income and your capital gains taxes.' ...so he says out of the blue, on the same day [as] the key word 'sovereign'...talk about timing. Alright maybe it's a coincidence. But golly this coincidence grabbed me!
8-11-2020 Newshound Guru Pimpy ...to be quite honest, man, I understand why the bank was making a pitch for a rate around $1.13 / $1.34 but man after talking to my friend and thinking this over I can understand why they might go ahead with the $3.22 rate. I'm NOT saying that's what the rate is. I'm just saying they don't have anything to lose. They have nothing there. They need to rebuild everything. They need purchasing power. So if we reinstate the rate at $3.22 that gives Iraq the purchasing power they need to import all the supplies and goodies they need to start rebuilding that country. Then later on if they want to go back and do an adjustment and lower it then by all means you could do so. But for now they have nothing whatsoever...
8-10-2020 Newshound Guru MilitiaMan Article: "A parliamentary bloc calls on Al-Kazemi to implement the government program before performing any foreign visit" Quote: "Iraq suffers from major security, service and economic problems, and it was the first to follow up these files before making any visit or any foreign government tour." Next week, the Prime Minister, Mustafa Al-Kazemi, will start an official visit to the United States of America, at the head of a government delegation, based on an official invitation." So in other words, get the reforms done before you leave... This I like...imo.
8-10-2020 Guest Guru Scrappy keynote: US Dollar becoming asset backed is TIMED with the rate change. Because the dinar is one of the assets backing the USD (THAT'S HUGE). ...half of Iraq 's fiscal year start's 10/1...US's fiscal year starts 10/1...Iraq can only change their rate at the begging of a new fiscal period...That's why the (White Paper) reforms are linked to a budget (require funding). The HCL is a REFORM (oil payments to citizens) that requires budget funding. Iraq 's current constitution only goes to article 139, they have to amend the constitution and add both HCL & ARTICLE 140 to it. Both 140 & HCL have been approved since 2005 and cant be implemented until the rate changes. Those are some of the WHITE PAPER REFORMS waiting on the rate change budget approval for the 2nd half of their year... If Iraq doesn't Change their rate in September, then were waiting until March of next year.
8-10-2020 Newshound Guru Pimpy Article: "The second round of strategic dialogue between Ira and America will start soon, amid Suni-Kurdish support" Quote: "Kurdistan region of Iraq are awaiting the results of the second round of strategic dialogue negotiations between Iraq and the United States which is scheduled finally for August 20th..." If you think about this, this is towards the end of August...then they will have the rest of September, all of October and then elections the first couple of days in November. Man if I was Trump, if I wanted to make some people very very happy and you wanted to give some kind of boost to economies around the world, I could think of a way...how about we just reinstate that $3.22 right there. I would love to see that...
8-10-2020 Intel Guru MarkZ No bad news over the weekend…still quiet…The redemption center side...Everything is hushed and I think that is a very good sign. Hopefully we will see some real movement.
8-10-2020 Newshound Guru Pimpy Article: "Deputy: The economic file will be part of Al-Kazemi's visit to the White House" Good. Because I know what you're thinking. Why don't they just go ahead and change the rate? I'm sure that'll be a pretty big boost don't you think? I surely do. Quote: '...the economic file will be part of the files that the Prime Minister Al-Kazemi will discuss during his visit to the White House next week.' ...I'm sure one of the things that Al-Kazemi is going to be saying to him is 'look we need to do infrastructure . We don't have scabbily right now. We're going to be starting from square one and we need some kind of help. A big help for us would be for you to once again recognize our sovereignty and then please remove the restrictions off our currency and let us reinstate our rate so that we can start importing all the supplies we need to do infrastructure.' Man I am so waiting for that announcement...
8-10-2020 Intel Guru Footforward [Does the dong and the dinar have to go at the same time? Could they go months apart or even years apart?] they don't "have to" go together. It's better if they do. Easier if they do. They would likely be weeks or months apart if they don't go together. Not years. In my opinion. ...It's been the plan for a long time for them to go together.
8-10-2020 Guest Guru Scrappy keynote: US Dollar becoming asset backed is TIMED with the rate change. Because the dinar is one of the assets backing the USD (THAT'S HUGE). ...half of Iraq 's fiscal year start's 10/1...US's fiscal year starts 10/1...Iraq can only change their rate at the begging of a new fiscal period...That's why the (White Paper) reforms are linked to a budget (require funding). The HCL is a REFORM (oil payments to citizens) that requires budget funding. Iraq 's current constitution only goes to article 139, they have to amend the constitution and add both HCL & ARTICLE 140 to it. Both 140 & HCL have been approved since 2005 and cant be implemented until the rate changes. Those are some of the WHITE PAPER REFORMS waiting on the rate change budget approval for the 2nd half of their year... If Iraq doesn't Change their rate in September, then were waiting until March of next year.
8-10-2020 Newshound Guru Pimpy Article: "The second round of strategic dialogue between Ira and America will start soon, amid Suni-Kurdish support" Quote: "Kurdistan region of Iraq are awaiting the results of the second round of strategic dialogue negotiations between Iraq and the United States which is scheduled finally for August 20th..." If you think about this, this is towards the end of August...then they will have the rest of September, all of October and then elections the first couple of days in November. Man if I was Trump, if I wanted to make some people very very happy and you wanted to give some kind of boost to economies around the world, I could think of a way...how about we just reinstate that $3.22 right there. I would love to see that...
8-10-2020 Intel Guru MarkZ No bad news over the weekend…still quiet…The redemption center side...Everything is hushed and I think that is a very good sign. Hopefully we will see some real movement.
8-10-2020 Newshound Guru Pimpy Article: "Deputy: The economic file will be part of Al-Kazemi's visit to the White House" Good. Because I know what you're thinking. Why don't they just go ahead and change the rate? I'm sure that'll be a pretty big boost don't you think? I surely do. Quote: '...the economic file will be part of the files that the Prime Minister Al-Kazemi will discuss during his visit to the White House next week.' ...I'm sure one of the things that Al-Kazemi is going to be saying to him is 'look we need to do infrastructure . We don't have scabbily right now. We're going to be starting from square one and we need some kind of help. A big help for us would be for you to once again recognize our sovereignty and then please remove the restrictions off our currency and let us reinstate our rate so that we can start importing all the supplies we need to do infrastructure.' Man I am so waiting for that announcement...
8-10-2020 Intel Guru Footforward [Does the dong and the dinar have to go at the same time? Could they go months apart or even years apart?] they don't "have to" go together. It's better if they do. Easier if they do. They would likely be weeks or months apart if they don't go together. Not years. In my opinion. ...It's been the plan for a long time for them to go together.
8-9-2020 Intel Guru RayRen98 The Economic File will be the largest file PM Al-Kadhimi discusses with Pres. Trump in Washington on August 20. The Iraqi news is saying they are hoping great successes from the meeting in Washington. Thousands of protestors have blocked all entrances to the green zone and demanding their rights. They are now saying that Al-Kadhimi needs to do the economic reforms now!
8-9-2020 Newshound Guru Kaperoni ...There is no random act. Monetary policy is earned and that means Iraq needs to pass laws open their economy and prosper for their currency to appreciate. ...I'll say it again, if Iraq has any intent to make the dinar equal to the dollar as some kind of overnight event as the guru's say, it will be a neutral event/LOP. That is the only way they could do such a thing with 42+ trillion in circulation. Not what we want to see happen.
8-9-2020 Newshound Guru Vic [Do you still like the Dinar as an investment?] Yes!...The IQD is very precious, do not GET RID OF YOURS!... I've been saying for awhile that Brexit and Basel lll must be met prior to this going down! Now since then the CV19 issue! Set back Brexit, you all heard what the PREZ., said about Income Tax! UK & USA both need MONEY$$$! The Gold price just shot past 2 Grand! 3 grand is coming! That means USD has dropped in value! So, with that said what do you think both countries need? A shot of Whiskey or a GOOD Shot of IQD!!! When? I think it's a matter of some/ a few issues that need be cleared up.
8-9-2020 Newshound Guru Pimpy Article: "Parliament reveals: The draft budget for 2021 will be ready this month" This ought to be very very interesting...there are many people who believe in this budget is the rate change...this is good. Let's get it out of the way. Seriously, let's get in there early. Let's get it voted on. Let's get it reviewed so there's no more excused and there's no delays. That would really be a huge step if Iraq could this time around get their budget in ahead of time to be discussed and voted on...everything is looking good...
8-9-2020 Newshound Guru Kaperoni ...There is no random act. Monetary policy is earned and that means Iraq needs to pass laws open their economy and prosper for their currency to appreciate. ...I'll say it again, if Iraq has any intent to make the dinar equal to the dollar as some kind of overnight event as the guru's say, it will be a neutral event/LOP. That is the only way they could do such a thing with 42+ trillion in circulation. Not what we want to see happen.
8-9-2020 Newshound Guru Vic [Do you still like the Dinar as an investment?] Yes!...The IQD is very precious, do not GET RID OF YOURS!... I've been saying for awhile that Brexit and Basel lll must be met prior to this going down! Now since then the CV19 issue! Set back Brexit, you all heard what the PREZ., said about Income Tax! UK & USA both need MONEY$$$! The Gold price just shot past 2 Grand! 3 grand is coming! That means USD has dropped in value! So, with that said what do you think both countries need? A shot of Whiskey or a GOOD Shot of IQD!!! When? I think it's a matter of some/ a few issues that need be cleared up.
8-9-2020 Newshound Guru Pimpy Article: "Parliament reveals: The draft budget for 2021 will be ready this month" This ought to be very very interesting...there are many people who believe in this budget is the rate change...this is good. Let's get it out of the way. Seriously, let's get in there early. Let's get it voted on. Let's get it reviewed so there's no more excused and there's no delays. That would really be a huge step if Iraq could this time around get their budget in ahead of time to be discussed and voted on...everything is looking good...
8-8-2020 Intel Guru Footforward It's my opinion this is done...But I'm not watching Iraq. This is bigger then Iraq. Iran is the problem. And they are being hit very hard...I'm not looking for another sign. I feel we have enough to know this is done...
8-8-2020 Intel Guru Mike Cottrell [Do you believe the Federal Reserve needs to be abolished and the Gold Standard has to be in place before the RV can occur?] The Federal Reserve has already been wrapped into the Treasury. And the Gold Standard happens at the RV…same time.
8-8-2020 Newshound Guru Jeff ...Iraq is not gonna stay pegged just to the dollar after the rate change. That is too unstable...as of November 2017...they un-pegged from the dollar and re-pegged to a currency assortment basket...that means the rate is going to be greater than a dollar. I'm not giving you a rate I'm just telling you greater than a dollar...they are pegged to a secret basket. It's the highest valued basket in the world...
8-8-2020 Intel Guru RayRen98 A CALL/EXCHANGE CENTER EMPLOYEE IN NC WAS WORKING LATE LAST EVENING AND APPEARED TO BE EXCITED ABOUT OUR FUTURE.
8-8-2020 Intel Guru Mike Cottrell [Do you believe the Federal Reserve needs to be abolished and the Gold Standard has to be in place before the RV can occur?] The Federal Reserve has already been wrapped into the Treasury. And the Gold Standard happens at the RV…same time.
8-8-2020 Newshound Guru Jeff ...Iraq is not gonna stay pegged just to the dollar after the rate change. That is too unstable...as of November 2017...they un-pegged from the dollar and re-pegged to a currency assortment basket...that means the rate is going to be greater than a dollar. I'm not giving you a rate I'm just telling you greater than a dollar...they are pegged to a secret basket. It's the highest valued basket in the world...
8-8-2020 Intel Guru RayRen98 A CALL/EXCHANGE CENTER EMPLOYEE IN NC WAS WORKING LATE LAST EVENING AND APPEARED TO BE EXCITED ABOUT OUR FUTURE.
8-7-2020 Intel Guru Bruce [via WiserNow] This is getting down to the wire – we’ve got a little bit of intel...it’s been very very quiet today... I’m going to say – don’t write off this weekend - we heard last week it could be a weekend event -
I think it’s possible but not absolute that we get something moving for us over this weekend...
8-7-2020 Intel Guru MarkZ The last update from redemption centers is they expected to work this weekend... [Did the Iraqi PM beg the US for an RV rate?] I can’t prove that but we do have a key date to look for…a bit farther out then we thought…but the PM has announced he will be in the US on Aug. 20th.
8-7-2020 Newshound/Intel Guru Mnt Goat [...what is the real reason it has not ri/rv. Is education the real reason an if so why has it not started...] education is not the reason why it has not RV'd. Education has to be done to give us a que that it is about to happen. ...We wait and watch...
8-7-2020 Newshound Guru Jeff Article: "Likelihood of concluding an agreement on oil and border crossings between Baghdad and Erbil" ...Remember I told you this is our main thing that the rate change is waiting on...in my strongest opinion Iraq will have the agreement completely done by the end of September...they're telling us next week they're going to try to reach an agreement. I disagree. I don't think the agreement will be reached until September...
8-7-2020 Newshound Guru Kaperoni The only way the Iraqi dinar will go up in value is when Iraq passes the proper legislation to invite foreign investment and Iraq's economy opens up to the global investment. Only with the success of the economy will the dinar begin to rise.
8-7-2020 Newshound Guru Pimpy Article: "Determine the date for Al-Kazimi's visit to the Untied States". Quote "On the 20th of this month Prime Minister Al-Kazimi meets with President Trump in Washington." Yay! Do the pee-pee dance!
8-7-2020 Newshound Guru Jeff ...The end of September finishes the first half of their [Iraq's] current fiscal year and 10-1 October starts the second half. So IF, I'm not saying they will, I'm saying IF they're going to change the rate at all in the year of 2020 it has to happen at the end of September. Otherwise if it's not going to happen this year we're probably most likely going to be waiting until around the start of their next fiscal year which would be...around the end of March. Those are just opinions. Opinions don't mean anything until these facts come to fruition. We've got to see Baghdad and Kurdistan reach a comprehensive agreement. That is a "must" and a requirement... [Reference Guru Jeff's Post 8-6-2020]
I think it’s possible but not absolute that we get something moving for us over this weekend...
8-7-2020 Intel Guru MarkZ The last update from redemption centers is they expected to work this weekend... [Did the Iraqi PM beg the US for an RV rate?] I can’t prove that but we do have a key date to look for…a bit farther out then we thought…but the PM has announced he will be in the US on Aug. 20th.
8-7-2020 Newshound/Intel Guru Mnt Goat [...what is the real reason it has not ri/rv. Is education the real reason an if so why has it not started...] education is not the reason why it has not RV'd. Education has to be done to give us a que that it is about to happen. ...We wait and watch...
8-7-2020 Newshound Guru Jeff Article: "Likelihood of concluding an agreement on oil and border crossings between Baghdad and Erbil" ...Remember I told you this is our main thing that the rate change is waiting on...in my strongest opinion Iraq will have the agreement completely done by the end of September...they're telling us next week they're going to try to reach an agreement. I disagree. I don't think the agreement will be reached until September...
8-7-2020 Newshound Guru Kaperoni The only way the Iraqi dinar will go up in value is when Iraq passes the proper legislation to invite foreign investment and Iraq's economy opens up to the global investment. Only with the success of the economy will the dinar begin to rise.
8-7-2020 Newshound Guru Pimpy Article: "Determine the date for Al-Kazimi's visit to the Untied States". Quote "On the 20th of this month Prime Minister Al-Kazimi meets with President Trump in Washington." Yay! Do the pee-pee dance!
8-7-2020 Newshound Guru Jeff ...The end of September finishes the first half of their [Iraq's] current fiscal year and 10-1 October starts the second half. So IF, I'm not saying they will, I'm saying IF they're going to change the rate at all in the year of 2020 it has to happen at the end of September. Otherwise if it's not going to happen this year we're probably most likely going to be waiting until around the start of their next fiscal year which would be...around the end of March. Those are just opinions. Opinions don't mean anything until these facts come to fruition. We've got to see Baghdad and Kurdistan reach a comprehensive agreement. That is a "must" and a requirement... [Reference Guru Jeff's Post 8-6-2020]
8-6-2020 Intel Guru MarkZ [via PDK] [Any change in rates?] No change in rate rumors lately. Still hearing .45-.50 cents street rate on the Dong with a contract rate at $2+. And for the Dinar still hearing between $3.70 to $3.90 for a street rate and the contract rate at $8+.
8-6-2020 Intel Guru Frank26 ...Trump does not require Kazemi to come to the United States...before the new exchange rate is released. In fact it would be best if Kazemi stay and continues the removal of any Iranian influences in the GOI. The visit to the Unite States of America may no longer be required...the dream meeting will still take place IMO after Donald Trump says Iraq is sovereign...the meeting is coming and it is for the purpose of making the announcement of their new exchange rate to the citizens of Iraq.
8-6-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS THE SIXTH ARAB IN FOREIGN CURRENCY RESERVES" So we were told before this crisis that Iraq had over 70 billion in reserves. We have been told that the reserves would not be used in this crisis to pay the bills since oil dropped so low. So why are the reserves now depleted by close to 20 billion? I think what we are being told in the news is not accurate. The lies always come out later. Were these lies just for American dinar investors? So the CBI is dangerously close to now having the minimum “safe” reserves needed by the IMF. I can tell you this will stop any reinstatement and revaluation.
8-6-2020 Newshound Guru Jeff ...Kurdistan and Baghdad have to resolve their difference and reach a comprehensive agreement. They don't have stability without that. They've got to be able to work together and have achieved stability before the Trump Administration will allow them to go International. That's why the U.S. government came out saying, 'Hey, we the U.S. support a comprehensive agreement between Baghdad and Kurdistan.' The U.S. is telling you they've got to have that before they'll allow them to go International...
8-6-2020 Intel Guru MarkZ [via PDK] ...Silence coming out of banking centers…is it a gag order? Are they trying to control information? The silence is deafening. The only information I am getting is from redemption centers…..my contacts there think that this weekend there is a strong possibility of this all going.
8-6-2020 Newshound Guru Pimpy ...right now the Iraqi dinar is not an acceptable or recognizable international currency...you can't go into your bank and exchange it like you can a lot of other currencies because there's restrictions on it right now...We need Iraq to be a sovereign nation...they're not. That's why you see the government constantly saying they want to try to get their sovereignty recognized again...to be a sovereign nation of course you have to have your own currency. We need them to have their sovereignty restored and then the restriction moved off the currency for it to be accepted. I'd love to see them on the Forex that's for sure. Once that happens you should be able to go into your local bank...
8-6-2020 Newshound/Intel Guru Petra ...They are making all the right moves. They are making the right plays. The World Bank, the IMF and the Fab 4 are completely happy with what they're seeing. I'm hoping the go signal has been given...obviously we don't know. That's pure speculation...all this stuff is just lining up...to me with all of this being done we're down to timing...the world is ready. The world needs it. Iraq certainly needs it. The fact that Kazemi is talking about a sovereign state - We're just right there...
8-6-2020 Newshound Guru Jeff Article: "The Compensation resulting from Iraqs invasion of Kuwait amounted to 177 billion dollars" This article further confers that as of this year they will be satisfying all their financial obligation and war reparations to the country of Kuwait...
8-6-2020 Intel Guru Frank26 ...everything about the reinstatement of the dinar was done by the United States Treasury. It's all well calculated for the reinstatement of the currency of Iraq at 1 to 1...oh my goodness the timing. They're about to introduce the 100...
8-6-2020 Intel Guru Frank26 ...Trump does not require Kazemi to come to the United States...before the new exchange rate is released. In fact it would be best if Kazemi stay and continues the removal of any Iranian influences in the GOI. The visit to the Unite States of America may no longer be required...the dream meeting will still take place IMO after Donald Trump says Iraq is sovereign...the meeting is coming and it is for the purpose of making the announcement of their new exchange rate to the citizens of Iraq.
8-6-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS THE SIXTH ARAB IN FOREIGN CURRENCY RESERVES" So we were told before this crisis that Iraq had over 70 billion in reserves. We have been told that the reserves would not be used in this crisis to pay the bills since oil dropped so low. So why are the reserves now depleted by close to 20 billion? I think what we are being told in the news is not accurate. The lies always come out later. Were these lies just for American dinar investors? So the CBI is dangerously close to now having the minimum “safe” reserves needed by the IMF. I can tell you this will stop any reinstatement and revaluation.
8-6-2020 Newshound Guru Jeff ...Kurdistan and Baghdad have to resolve their difference and reach a comprehensive agreement. They don't have stability without that. They've got to be able to work together and have achieved stability before the Trump Administration will allow them to go International. That's why the U.S. government came out saying, 'Hey, we the U.S. support a comprehensive agreement between Baghdad and Kurdistan.' The U.S. is telling you they've got to have that before they'll allow them to go International...
8-6-2020 Intel Guru MarkZ [via PDK] ...Silence coming out of banking centers…is it a gag order? Are they trying to control information? The silence is deafening. The only information I am getting is from redemption centers…..my contacts there think that this weekend there is a strong possibility of this all going.
8-6-2020 Newshound Guru Pimpy ...right now the Iraqi dinar is not an acceptable or recognizable international currency...you can't go into your bank and exchange it like you can a lot of other currencies because there's restrictions on it right now...We need Iraq to be a sovereign nation...they're not. That's why you see the government constantly saying they want to try to get their sovereignty recognized again...to be a sovereign nation of course you have to have your own currency. We need them to have their sovereignty restored and then the restriction moved off the currency for it to be accepted. I'd love to see them on the Forex that's for sure. Once that happens you should be able to go into your local bank...
8-6-2020 Newshound/Intel Guru Petra ...They are making all the right moves. They are making the right plays. The World Bank, the IMF and the Fab 4 are completely happy with what they're seeing. I'm hoping the go signal has been given...obviously we don't know. That's pure speculation...all this stuff is just lining up...to me with all of this being done we're down to timing...the world is ready. The world needs it. Iraq certainly needs it. The fact that Kazemi is talking about a sovereign state - We're just right there...
8-6-2020 Newshound Guru Jeff Article: "The Compensation resulting from Iraqs invasion of Kuwait amounted to 177 billion dollars" This article further confers that as of this year they will be satisfying all their financial obligation and war reparations to the country of Kuwait...
8-6-2020 Intel Guru Frank26 ...everything about the reinstatement of the dinar was done by the United States Treasury. It's all well calculated for the reinstatement of the currency of Iraq at 1 to 1...oh my goodness the timing. They're about to introduce the 100...
8-5-2020 Intel Guru Bruce [via WiserNow] ...one of the sources that is extremely well connected was talking about today or tomorrow [Wednesday]...I know some things that have happened – that are continuing to go on – and one thing that happened last night – all currencies came up live on the screens last night...the only currency that was not up was the Zimbabwe Zim Dollar...You know I cannot say absolutely tomorrow [Wednesday] is our day...I think we are basically all ready to go - we know security has always been an issue...I believe that mostly that is in check now...So I am going to say at this point we are believing for this to come – fairly quickly...
8-5-2020 Intel Guru RayRen98 [Ray are we just about to cross the finish line?] IT APPEARS THAT WAY...TIME WILL TELL.
8-5-2020 Newshound Guru Pimpy What we're hoping on is Al-Khadimi to meet with the king of Saudi Arabia before he comes here. There is an agreement that I think the United States is waiting on some kind of agreement between the two countries where Saudi Arabia is going to help Iraq financially but there are some things they need to hammer out. So I'm watching for those 2 to happen [Kurdistan agreement and Saudi Arabia visit] before Al-Khadimi comes here... something tells me something big is going to happen this month...
8-5-2020 Intel Guru MarkZ [via PDK] In Iraq they are still continuing to educate the people there and to get as much currency off the streets as they can. Everything is pretty quiet from banking centers….they have done a good job with “gag orders”. The way I look at it is there is such a tremendous push to keep people quiet...any news we are getting right now may be things like misinformation they are feeding us on purpose…I’m trying to watch the actual banking process so I don’t deal with the rumors…I did touch base with a redemption center contact who believes they will be working this weekend. I am not looking for today…but think its doggone soon.
8-5-2020 Intel Guru Frank26 So this rare event, this large volume is not just one payment but a multiple of times? Are all the payments coming to the United States of America? Don't know but IMO Iraq is making huge movement of their currency and we started studying that about 3 weeks ago...they have been moving IQD amounts electronically through the Iraqi Stock Exchange for some time now...IMO when the reinstatement of the currency of Iraq comes about the world has to be ready for it. That's what this large volume is doing - preparing the world for the reinstatement of the Iraqi dinar. [Post 2 of 2]
8-5-2020 Intel Guru Frank26 There have been large amounts of volume of the Iraqi dinar that are moving globally internationally...I believe that what the CBI is doing is that it's seeding many banks around the world that are mirrored with the CBI banks...we believe these banks have samples of the Iraqi dinar and the banks inside of Iraq have the new small categories ready to be distributed...this large volume is unprecedented especially when it's at a program rate that is worth nothing. Why would other countries be interested in accepting and receiving platforms, PLATFORMS, volumes of a worthless Iraqi dinar? It's highly possible...that it's a form of payment...this payment was coming to the United States of America...we thought it was 1 payment. It turns out IMO it's multiple payments. [post 1 of 2....stay tuned]
8-5-2020 Newshound Guru Militiaman ...this last bit of timing, the convergence of all the the economic stuff that's been happening globally, I have to say that I really wasn't a proponent of this global evolution. I really wasn't. But now I'm starting to see things a little more clearly. It is more a global situation. It's not in my view just about any one country. It's about a few or many. And I think it's all coming together because of these circumstances we find ourselves in economically...there is some really powerful stuff that's coming out lately and I think we're seeing that...when you're talking about money you're talking about prestige. You're talking about sovereignty. You're talking about currency and that's where we are...it's beautiful...I think these guys are timing things...I think short term. I Just don't see it any other way at the moment...
8-5-2020 Newshound/Intel Guru Petra ...they're definitely following a playbook. Now it's down to execution of that playbook and the timing is there...central banks - we know they are aware of what's going on. I think now it's down to a timing issue. I think they've done all the checks they've needed to check...I think our study is coming to a close...
8-5-2020 Intel Guru Frank26 ...Iraq is a sovereign country. The President of the United States of America is about to make that announcement...IMO...
8-5-2020 Intel Guru RayRen98 [Ray are we just about to cross the finish line?] IT APPEARS THAT WAY...TIME WILL TELL.
8-5-2020 Newshound Guru Pimpy What we're hoping on is Al-Khadimi to meet with the king of Saudi Arabia before he comes here. There is an agreement that I think the United States is waiting on some kind of agreement between the two countries where Saudi Arabia is going to help Iraq financially but there are some things they need to hammer out. So I'm watching for those 2 to happen [Kurdistan agreement and Saudi Arabia visit] before Al-Khadimi comes here... something tells me something big is going to happen this month...
8-5-2020 Intel Guru MarkZ [via PDK] In Iraq they are still continuing to educate the people there and to get as much currency off the streets as they can. Everything is pretty quiet from banking centers….they have done a good job with “gag orders”. The way I look at it is there is such a tremendous push to keep people quiet...any news we are getting right now may be things like misinformation they are feeding us on purpose…I’m trying to watch the actual banking process so I don’t deal with the rumors…I did touch base with a redemption center contact who believes they will be working this weekend. I am not looking for today…but think its doggone soon.
8-5-2020 Intel Guru Frank26 So this rare event, this large volume is not just one payment but a multiple of times? Are all the payments coming to the United States of America? Don't know but IMO Iraq is making huge movement of their currency and we started studying that about 3 weeks ago...they have been moving IQD amounts electronically through the Iraqi Stock Exchange for some time now...IMO when the reinstatement of the currency of Iraq comes about the world has to be ready for it. That's what this large volume is doing - preparing the world for the reinstatement of the Iraqi dinar. [Post 2 of 2]
8-5-2020 Intel Guru Frank26 There have been large amounts of volume of the Iraqi dinar that are moving globally internationally...I believe that what the CBI is doing is that it's seeding many banks around the world that are mirrored with the CBI banks...we believe these banks have samples of the Iraqi dinar and the banks inside of Iraq have the new small categories ready to be distributed...this large volume is unprecedented especially when it's at a program rate that is worth nothing. Why would other countries be interested in accepting and receiving platforms, PLATFORMS, volumes of a worthless Iraqi dinar? It's highly possible...that it's a form of payment...this payment was coming to the United States of America...we thought it was 1 payment. It turns out IMO it's multiple payments. [post 1 of 2....stay tuned]
8-5-2020 Newshound Guru Militiaman ...this last bit of timing, the convergence of all the the economic stuff that's been happening globally, I have to say that I really wasn't a proponent of this global evolution. I really wasn't. But now I'm starting to see things a little more clearly. It is more a global situation. It's not in my view just about any one country. It's about a few or many. And I think it's all coming together because of these circumstances we find ourselves in economically...there is some really powerful stuff that's coming out lately and I think we're seeing that...when you're talking about money you're talking about prestige. You're talking about sovereignty. You're talking about currency and that's where we are...it's beautiful...I think these guys are timing things...I think short term. I Just don't see it any other way at the moment...
8-5-2020 Newshound/Intel Guru Petra ...they're definitely following a playbook. Now it's down to execution of that playbook and the timing is there...central banks - we know they are aware of what's going on. I think now it's down to a timing issue. I think they've done all the checks they've needed to check...I think our study is coming to a close...
8-5-2020 Intel Guru Frank26 ...Iraq is a sovereign country. The President of the United States of America is about to make that announcement...IMO...
8-4-2020 Newshound Guru Pimpy ...there is a lot of activity happening around the world. What I'm seeing, what I'm starting to realize is this is the last ditch effort of the so-called deep state trying to figure out what they need to do to stay in control. You could see it everywhere...Al-Kazemi, what he's doing is against everything the deep state wants him to do. He is literally removing all the so-called deep state players out of Iraq. This is not fictitious. It's actually happening. He's actually pressing charges against these senior political figures...all these Iranian backed puppets...
8-4-2020 Intel Guru Delta Question: "Do you think the banks have this [100 dinar note now showing on the CBI]?" ...probably not this one. But it's very interesting...we all know that the CBI they're about to come out with the explanation - the details...I was dying to see something like this...it's was very interesting for me to see proof that yes they did have 100 dinar notes...this was exactly printed out at the same time when they printed all currency that we have...for you to see something like that is really very nice and very interesting and very telling...we've got the proof that they had them...that gives indication that this is coming out...we're really close for us to see exactly what they're trying to do...we expected something like this but...like I said I was just dying to see something like that especially the one that we never had before like the 100 note. That's amazing...
8-4-2020 Intel Guru Frank26 It's very obvious it's almost like what the international global world is doing right now with the Iraqi dinar. They're treating it like it's an international currency already...we all know what's going on with the dinar thank you very much but now thank you very much again for another reason to hold onto the truth that your currency is valued more than what you're telling everybody electronically and soon it will be physically because guess what sucker? You brought out some physical evidence. This 100 note. We're not stupid...this was unexpected but it was not a surprise. [Post 2 of 2]
8-4-2020 Intel Guru Frank26 When the exchange rate changes, oh my goodness we're going to need the 100...to see this out, that's interesting...my friends...in Iraq, they tell me that the only thing that they use is from a 1000 dinars up. They don't have no 500, they don't have no 250. They don't have no 100...it's because of the exchange rate. I'm curious...are they talking about handing it out? Why would you talk about the fact that it's [the 100 note] available? ...it's another telltale sign. [Post 1 of 2....stay tuned]
8-4-2020 Intel Guru MarkZ [via PDK] There was more people in place and arriving in banking centers on Monday... It’s nice to have more people in place in the banking centers again…and they are all braving Covid...because they have great expectations that this is actually “it”. I have a couple of really good contacts there at redemption centers…They are still on “stand-by” and “high alert”...
8-4-2020 Newshound/Intel Guru Mnt Goat Where do we stand with the revaluation of the Iraqi dinar? ...It is the CBI that has to initiate the process from the top and then the US and the IMF that must go through the signoff process to allow them to go ahead. ...Let us all take a deep breath and just relax. The CBI is still contemplating the “project to delete the zeros” and this is a FACT. I have heard the CBI has ordered the printing of much more of the new 100 dinar notes. We know these notes were previously printed but not in sufficient quantities. So why print more now if not planning something?... Why are these 100 notes important? ...remember there is preparation to reinstate as the revaluation within Iraq comes first and the coins and these notes must be launched at about the same time or just prior. So, we look for signs and we know these 100 notes and coins are important steps in the process.
8-4-2020 Intel Guru Frank26 ...please do not be misled by the things that you see parliament say to you. Only pay attention to what Kazemi says...
8-4-2020 Newshound Guru Militiaman The amount of things coming together seem to be very supportive for them to expose to the world an international rate...with Iran about to collapse, potential educational tools, 100 note being shown, the tireless effort by Kazemi the Prime Minister in respect to the "white paper" speaking of sovereignty and prestige too. All about the money. The glory days are prestige and would reflect the sovereignty IMO...
8-4-2020 Newshound/Intel Guru Petra ...The quietness of the CBI at this point in time tells me something is coming...our focus is strictly on the CBI and what Allawi, what Allaq and his team and Shabibi have to say and not the parliament. But they did make a statement about revaluing and that is going to force the CBI's hand to participate in responding to that statement...I think we're in an exciting time.
8-4-2020 Intel Guru Delta Question: "Do you think the banks have this [100 dinar note now showing on the CBI]?" ...probably not this one. But it's very interesting...we all know that the CBI they're about to come out with the explanation - the details...I was dying to see something like this...it's was very interesting for me to see proof that yes they did have 100 dinar notes...this was exactly printed out at the same time when they printed all currency that we have...for you to see something like that is really very nice and very interesting and very telling...we've got the proof that they had them...that gives indication that this is coming out...we're really close for us to see exactly what they're trying to do...we expected something like this but...like I said I was just dying to see something like that especially the one that we never had before like the 100 note. That's amazing...
8-4-2020 Intel Guru Frank26 It's very obvious it's almost like what the international global world is doing right now with the Iraqi dinar. They're treating it like it's an international currency already...we all know what's going on with the dinar thank you very much but now thank you very much again for another reason to hold onto the truth that your currency is valued more than what you're telling everybody electronically and soon it will be physically because guess what sucker? You brought out some physical evidence. This 100 note. We're not stupid...this was unexpected but it was not a surprise. [Post 2 of 2]
8-4-2020 Intel Guru Frank26 When the exchange rate changes, oh my goodness we're going to need the 100...to see this out, that's interesting...my friends...in Iraq, they tell me that the only thing that they use is from a 1000 dinars up. They don't have no 500, they don't have no 250. They don't have no 100...it's because of the exchange rate. I'm curious...are they talking about handing it out? Why would you talk about the fact that it's [the 100 note] available? ...it's another telltale sign. [Post 1 of 2....stay tuned]
8-4-2020 Intel Guru MarkZ [via PDK] There was more people in place and arriving in banking centers on Monday... It’s nice to have more people in place in the banking centers again…and they are all braving Covid...because they have great expectations that this is actually “it”. I have a couple of really good contacts there at redemption centers…They are still on “stand-by” and “high alert”...
8-4-2020 Newshound/Intel Guru Mnt Goat Where do we stand with the revaluation of the Iraqi dinar? ...It is the CBI that has to initiate the process from the top and then the US and the IMF that must go through the signoff process to allow them to go ahead. ...Let us all take a deep breath and just relax. The CBI is still contemplating the “project to delete the zeros” and this is a FACT. I have heard the CBI has ordered the printing of much more of the new 100 dinar notes. We know these notes were previously printed but not in sufficient quantities. So why print more now if not planning something?... Why are these 100 notes important? ...remember there is preparation to reinstate as the revaluation within Iraq comes first and the coins and these notes must be launched at about the same time or just prior. So, we look for signs and we know these 100 notes and coins are important steps in the process.
8-4-2020 Intel Guru Frank26 ...please do not be misled by the things that you see parliament say to you. Only pay attention to what Kazemi says...
8-4-2020 Newshound Guru Militiaman The amount of things coming together seem to be very supportive for them to expose to the world an international rate...with Iran about to collapse, potential educational tools, 100 note being shown, the tireless effort by Kazemi the Prime Minister in respect to the "white paper" speaking of sovereignty and prestige too. All about the money. The glory days are prestige and would reflect the sovereignty IMO...
8-4-2020 Newshound/Intel Guru Petra ...The quietness of the CBI at this point in time tells me something is coming...our focus is strictly on the CBI and what Allawi, what Allaq and his team and Shabibi have to say and not the parliament. But they did make a statement about revaluing and that is going to force the CBI's hand to participate in responding to that statement...I think we're in an exciting time.
8-3-2020 Newshound/Intel Guru Petra ...to be sovereign you have to be able to stand on your own two feet. You've got to be able to support yourself...have your own currency and be able to use it internationally...to be part of the international community. Why be a sovereign country if you can't direct you own sovereigns? ...so you have to be able to stand on your own two feet. I think the fact that they are basically saying they are sovereign tells us they are ready to go...
8-3-2020 Newshound Guru Militiaman ...it's quiet. Why is it quiet? ...we should see something...from the CBI in a very short period of time...
8-3-2020 Intel Guru MarkZ [via PDK] We saw so many players, attorneys, and folks involved in different payment centers all over the globe travel to be in place…they have great expectation. Dates and rates can drive us all nuts but they are certainly back in position. Many of these people have stated they would not travel again until it was imminent. And they were traveling over the weekend. ...The Iraqi minister is finally supposed to be in DC this week. He was supposed to be here a few weeks ago…but was delayed while stuff got done. I am hearing he will be in DC or New York tomorrow afternoon. Everyone needs to stay calm as we watch this roll out…Many people are telegraphing how close we are...
8-3-2020 Intel Guru Footforward ...I would strongly suggest that it's becoming clear that the RV is going to happen on a Thursday...Thursday makes the most sense to me on every level possible...
8-3-2020 Newshound Guru Pimpy I'm feeling really good that something is going to happen this summer. No, I don't have anything to prove that. I'm just saying I'm feeling really good based on what I'm seeing.
8-3-2020 Newshound Guru Militiaman ...it's quiet. Why is it quiet? ...we should see something...from the CBI in a very short period of time...
8-3-2020 Intel Guru MarkZ [via PDK] We saw so many players, attorneys, and folks involved in different payment centers all over the globe travel to be in place…they have great expectation. Dates and rates can drive us all nuts but they are certainly back in position. Many of these people have stated they would not travel again until it was imminent. And they were traveling over the weekend. ...The Iraqi minister is finally supposed to be in DC this week. He was supposed to be here a few weeks ago…but was delayed while stuff got done. I am hearing he will be in DC or New York tomorrow afternoon. Everyone needs to stay calm as we watch this roll out…Many people are telegraphing how close we are...
8-3-2020 Intel Guru Footforward ...I would strongly suggest that it's becoming clear that the RV is going to happen on a Thursday...Thursday makes the most sense to me on every level possible...
8-3-2020 Newshound Guru Pimpy I'm feeling really good that something is going to happen this summer. No, I don't have anything to prove that. I'm just saying I'm feeling really good based on what I'm seeing.
8-2-2020 Newshound Guru MilitiaMan ...The revival of the state will rely on the country having sovereignty and prestige. Both require law and order and both relate to a countries currency. They'll need to adjust their rate at some point and the pressure to do so has to be immense now. ...The laundry list of ways they can support the new currency is surely well studied now and as Nassiri has written to the PM, pointing out the road map to get where they need to be. It now looks as though the PM has full intent on following it... imo A Good thing. So lets see if the investors will accept the new platform they mentioned for the ISX this next weekend... I am sure many eyes are watching. [post 2 of 2]
8-2-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi: We have worked tirelessly to prepare a comprehensive reform paper to revive the Iraqi economy and activate the industrial and agricultural sectors" The white papers will or does hold the plan and at what rate (prestige) that plan will use to stimulate the social market economy, as they now have control or full sovereignty. ...We see large USA and Foreign firms going into Iraq now and will continue; i.e., Shell, Total, Siemens, etc.. The large firms of the world would now have had the need to know key items within those white papers. Hence, there has been noted to be large sums of money movement of late. Just as we were shown there would be. [post 1 of 2....stay tuned]
8-2-2020 Newshound Guru Pimpy Article: "48 Billion dollars...a global site that reveals Iraq's reserves of hard currency" Quote "...This institution said according to the latest classification...that Iraq's reserves of hard currency, including foreign exchange and gold, reached 48 billion and 80 million dollars noting that Iraq ranked 40th with the most reserves among the 138 statistically listed countries." ...not too bad...that's like a little bit better than the middle of the pack...that's good to know. The more the better...
8-2-2020 Newshound/Intel Guru RVAlready Hoping for 800 numbers by Wednesday...this could actually be the week!
8-2-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi: We have worked tirelessly to prepare a comprehensive reform paper to revive the Iraqi economy and activate the industrial and agricultural sectors" The white papers will or does hold the plan and at what rate (prestige) that plan will use to stimulate the social market economy, as they now have control or full sovereignty. ...We see large USA and Foreign firms going into Iraq now and will continue; i.e., Shell, Total, Siemens, etc.. The large firms of the world would now have had the need to know key items within those white papers. Hence, there has been noted to be large sums of money movement of late. Just as we were shown there would be. [post 1 of 2....stay tuned]
8-2-2020 Newshound Guru Pimpy Article: "48 Billion dollars...a global site that reveals Iraq's reserves of hard currency" Quote "...This institution said according to the latest classification...that Iraq's reserves of hard currency, including foreign exchange and gold, reached 48 billion and 80 million dollars noting that Iraq ranked 40th with the most reserves among the 138 statistically listed countries." ...not too bad...that's like a little bit better than the middle of the pack...that's good to know. The more the better...
8-2-2020 Newshound/Intel Guru RVAlready Hoping for 800 numbers by Wednesday...this could actually be the week!
8-2-2010 *** Dinar Guru News Update *** The Central Bank of Iraq has finally updated their market rates for the dinar. It's been nearly two and a half months since the last update. Their latest CBI officially reported market rate for the dinar for July 28th is 1238.916. This is out of the the IMF's 2% rule with the official rate. It's unknown why the CBI kept the market rate hidden all this time. It's unclear why they've decided to begin publicly updating again. It's unclear why now...is there something significant about the end of July. You can always see the CBI's latest Official and Market rates in the left bar of this page. Stay tuned as the gurus chime in on this CBI dinar rate news. The latest guru posts will continue below...
8-1-2020 Intel Guru Footforward ...There has been absolute radio silence about the dong for almost two months now. I take that as a good sign actually...it happens though. I have alot of good people. And when they all go dark on something at the same time, I'm not alarmed. I pay attention. It's a break in the pattern.
8-1-2020 Newshound Guru Kaperoni ...guru Frank26 thinks the new prime minister and CBI governor will announce a new exchange rate. Wrong. ...There is no overnight RV.
8-1-2020 Newshound/Intel Guru Mnt Goat Article: "SPECIAL FORCES SECURE THE OUTLETS COMPLETELY AND FROM FORGERY OF THE CENTRAL BANK DOCUMENTS" Quote: "President of the Border Ports Authority, Omar Al-Waeli, confirmed on Wednesday that Prime Minister Mustafa Al-Kazemi personally supervises the plan to secure the ports, which are now all secure, while pointing out that the actual measures to eradicate corruption included recycling of port workers and changing corrupt cadres." We know the Prime Minister is greatly interested in the border crossing file, and there is a real will to control it to serve the citizens with the revenue that can be generated from it.
8-1-2020 Newshound Guru MilitiaMan Article: "On Thursday, Finance Minister Ali Allawi confirmed the continuation of the application of automation and simplification of customs procedures" Quote: "...this Iraqi government will not hesitate to tackle corruption in Iraqi customs...He added, "We are proceeding with the implementation of automation and simplification of procedures as part of our broader program to reform the economy and diversify revenues" Yes, they sure are...Perfect timing too...Nothing like activating reforms and increasing revenues while tackling corruption along the way.
8-1-2020 Newshound Guru Pimpy ...man somebody is trying to score some major major brownie points with the United Nations. Our boy Al-Kazemi is not playing around...it's nice to see when people actually get in government and care more about the people instead of themselves... Al-Kazemi Speech quote "..we have worked tirelessly to work on a comprehensive reform paper called "the white paper" that will revive the Iraqi economy, solve financial crisis...activate agriculture and industrial production, introduce projects to address these crisis and our unemployed youth, revive the market and put Iraq economy on the right track by stopping the waste and exploitation of the public money..." Now there are a lot of people who really believe that the rate change is in the white paper. But my thing is when is this "white paper" going to be implemented if that's the case? ...it looks like things are going in the right direction...
8-1-2020 Newshound Guru Adam Montana Article: "Al-Kazemi's visits to Riyadh and Washington were not canceled" Quote: "...tours of Prime Minister Mustafa Al-Kazemi of the Kingdom of Saudi Arabia, and the United States of America, existed and were not canceled."
8-1-2020 Newshound Guru Kaperoni ...guru Frank26 thinks the new prime minister and CBI governor will announce a new exchange rate. Wrong. ...There is no overnight RV.
8-1-2020 Newshound/Intel Guru Mnt Goat Article: "SPECIAL FORCES SECURE THE OUTLETS COMPLETELY AND FROM FORGERY OF THE CENTRAL BANK DOCUMENTS" Quote: "President of the Border Ports Authority, Omar Al-Waeli, confirmed on Wednesday that Prime Minister Mustafa Al-Kazemi personally supervises the plan to secure the ports, which are now all secure, while pointing out that the actual measures to eradicate corruption included recycling of port workers and changing corrupt cadres." We know the Prime Minister is greatly interested in the border crossing file, and there is a real will to control it to serve the citizens with the revenue that can be generated from it.
8-1-2020 Newshound Guru MilitiaMan Article: "On Thursday, Finance Minister Ali Allawi confirmed the continuation of the application of automation and simplification of customs procedures" Quote: "...this Iraqi government will not hesitate to tackle corruption in Iraqi customs...He added, "We are proceeding with the implementation of automation and simplification of procedures as part of our broader program to reform the economy and diversify revenues" Yes, they sure are...Perfect timing too...Nothing like activating reforms and increasing revenues while tackling corruption along the way.
8-1-2020 Newshound Guru Pimpy ...man somebody is trying to score some major major brownie points with the United Nations. Our boy Al-Kazemi is not playing around...it's nice to see when people actually get in government and care more about the people instead of themselves... Al-Kazemi Speech quote "..we have worked tirelessly to work on a comprehensive reform paper called "the white paper" that will revive the Iraqi economy, solve financial crisis...activate agriculture and industrial production, introduce projects to address these crisis and our unemployed youth, revive the market and put Iraq economy on the right track by stopping the waste and exploitation of the public money..." Now there are a lot of people who really believe that the rate change is in the white paper. But my thing is when is this "white paper" going to be implemented if that's the case? ...it looks like things are going in the right direction...
8-1-2020 Newshound Guru Adam Montana Article: "Al-Kazemi's visits to Riyadh and Washington were not canceled" Quote: "...tours of Prime Minister Mustafa Al-Kazemi of the Kingdom of Saudi Arabia, and the United States of America, existed and were not canceled."
7-31-2020 Intel Guru Bruce [via WiserNow] So first of all – guess what happened on Wednesday morning...we had the re-evaluation of the Iraqi dinar as international – in other words – their rate was posted internationally but NOT available yet here in the US – we are not going to see the rate evidently for maybe a few more days - we’re thinking Monday at this point...So – we are looking for that to show but it may not show until Monday or possibly Tuesday... it sounds like it’s going to be a great week next week.
7-31-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance: The salaries of employees are insured according to the Borrowing Law" I recall the borrowing law had stipulations that required changes... Lets see what they do... Imo there is something afoot.. now.. They have new new instructions or orders if you will.. Oh ya.. imo
7-31-2020 Newshound Guru Pimpy ...there's some very interesting news. Actually conflicting news - it's what's so funny. Good news and I'm not so sure news. Article: "An official in the Prim Minister's office reveal the fact that Al-Kazemi will go to Washington next week". Or will he? Then you get to the next paragraph quote "the official who preferred not to be named said in the interview the information and news that spoke about Al-Kazemi's travel to the United States of America is inaccurate so as of this time no date has been fixed for this up and coming meeting." Either he's coming or he's not. We got conflicting news. We'll keep an eon on whether there is another story...
7-31-2020 Newshound Guru Adam Montana Article: "The suspension of official working hours in Kurdistan 5 days, starting from Friday" I'm hearing rumors (from people I actually listen to rumors from) that this "holiday" may be less of a holiday than usual. Perhaps it's a strategic pause in the usual updates from Parliament, and it will culminate with something big.
7-31-2020 Intel Guru MarkZ Live from Punxatawney…No real news- everybody is gagged...its dead silent everywhere...Silence is good…There could be a tremendous amount going on right now …Don’t think of silence as meaning nothing is happening…take it to mean there is good, very tight security.
7-31-2020 Intel Guru Frank26 When we see Kazemi and the CBI go to Washington D.C. it's a big alarm...When they return to Iraq they will announce the new exchange rate. The things Trump is looking for - did you lessen the use of the American dollar in your country Iraq? Did you stop funneling American dollars to Iran through your auctions? These two questions are the last two components of the monetary reform...Trumps demands are being met. The Iraqi citizens know this...Trump would meet with Kazemi and the CBI if these benchmark assurances were kept. Trumps fingerprints are all over what you are seeing right now.
7-31-2020 Newshound Guru MilitiaMan Article: "Iraqi government implements wide-ranging security and other measures to secure border crossings" I like the Past Tense component in this article. I also want to reiterate White Papers are a work in progress and develop and change over time... They have apparently secured the borders and are actively increasing revenues and put the corrupt on notice. WE...read where they have 70 billion Dinars worth a month. The
re instate that number is going to explode... imo...
7-31-2020 Intel Guru MarkZ [...could you touch on taxes for rv?...] Because we expect the entire Tax structure to change - nobody really knows…we just can make our best guess. Having talked to someone in the stream who has a tremendous background in taxes for over 40 years…their belief is there will be no federal taxes but quite possibly there will be state taxes. I am planning on both...just in case…but honestly I think there won’t be any taxes on it. [NOTE: Other gurus feel this will be taxed as ordinary income. Ultimately the only vote that matters is the IRS's. Consult with your tax professional at the appropriate time.]
7-31-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance: The salaries of employees are insured according to the Borrowing Law" I recall the borrowing law had stipulations that required changes... Lets see what they do... Imo there is something afoot.. now.. They have new new instructions or orders if you will.. Oh ya.. imo
7-31-2020 Newshound Guru Pimpy ...there's some very interesting news. Actually conflicting news - it's what's so funny. Good news and I'm not so sure news. Article: "An official in the Prim Minister's office reveal the fact that Al-Kazemi will go to Washington next week". Or will he? Then you get to the next paragraph quote "the official who preferred not to be named said in the interview the information and news that spoke about Al-Kazemi's travel to the United States of America is inaccurate so as of this time no date has been fixed for this up and coming meeting." Either he's coming or he's not. We got conflicting news. We'll keep an eon on whether there is another story...
7-31-2020 Newshound Guru Adam Montana Article: "The suspension of official working hours in Kurdistan 5 days, starting from Friday" I'm hearing rumors (from people I actually listen to rumors from) that this "holiday" may be less of a holiday than usual. Perhaps it's a strategic pause in the usual updates from Parliament, and it will culminate with something big.
7-31-2020 Intel Guru MarkZ Live from Punxatawney…No real news- everybody is gagged...its dead silent everywhere...Silence is good…There could be a tremendous amount going on right now …Don’t think of silence as meaning nothing is happening…take it to mean there is good, very tight security.
7-31-2020 Intel Guru Frank26 When we see Kazemi and the CBI go to Washington D.C. it's a big alarm...When they return to Iraq they will announce the new exchange rate. The things Trump is looking for - did you lessen the use of the American dollar in your country Iraq? Did you stop funneling American dollars to Iran through your auctions? These two questions are the last two components of the monetary reform...Trumps demands are being met. The Iraqi citizens know this...Trump would meet with Kazemi and the CBI if these benchmark assurances were kept. Trumps fingerprints are all over what you are seeing right now.
7-31-2020 Newshound Guru MilitiaMan Article: "Iraqi government implements wide-ranging security and other measures to secure border crossings" I like the Past Tense component in this article. I also want to reiterate White Papers are a work in progress and develop and change over time... They have apparently secured the borders and are actively increasing revenues and put the corrupt on notice. WE...read where they have 70 billion Dinars worth a month. The
re instate that number is going to explode... imo...
7-31-2020 Intel Guru MarkZ [...could you touch on taxes for rv?...] Because we expect the entire Tax structure to change - nobody really knows…we just can make our best guess. Having talked to someone in the stream who has a tremendous background in taxes for over 40 years…their belief is there will be no federal taxes but quite possibly there will be state taxes. I am planning on both...just in case…but honestly I think there won’t be any taxes on it. [NOTE: Other gurus feel this will be taxed as ordinary income. Ultimately the only vote that matters is the IRS's. Consult with your tax professional at the appropriate time.]
7-30-2020 Intel Guru Frank26 ...there's going to be a new CBI governor. Allaq squealed. Oh, my goodness did he squeal...he saved his rear end. He was able to work with the United States...got rid of all those people who were stealing...
7-30-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK LENDS AL-KAZEMI’S GOVERNMENT 8 TRILLION DINARS" oh oh what does this mean? No RV this year? So they did it. They managed to get the money they needed to extend this madness to the end of the year. This to me...means that they DO NOT intend to reinstate the dinar until early next year...They are buying time with these loans. This is all they are doing...But the good news is this – if they have all this new debt and so how can they repay it all if oil prices do not rise by the end of the year to vear 60/barrel? Even then they still have to pay salaries and retirees and on top of that have money to rebuild? So you see sometimes when the news looks really gloomy, there is always another side to it. Yes, we may not get what we want now but Christmas is coming and it might be really nice this year…just saying…
7-30-2020 Intel Guru MarkZ For the most part it’s still Groundhog day. There are “gag orders” in effect in most banking centers. They are very, very quiet. I still have a contact in the redemption centers who fully expects to be working this weekend….I hope that is true. [When do you expect the RV?] I’m thinking “Any moment” as we watch the markets implode and watch everything come together. Banking contacts are in this loop of “Any moment” and because of their jobs – they have to be in this mindset so they are ready when it happens.
7-30-2020 Newshound Guru MilitiaMan Article: "Parliament: The government will not submit the 2020 budget for its preoccupation with reforms" Quote: "The government may not submit the 2020 budget due to time constraints, and because it is now occupied by two overlapping major files: the 2021 budget and the reform program file," Well they surely will need the 2019 FML Amendment to do both. But, note they are speaking of the reform file. The entire economic reform file. Then that would mean to me they have to have a rate to associate the economic reform file to. They have the authorities at the highest levels being the executive, legislative and judiciary. My view is this is already underway and not just getting started...Imo This is a good thing.
7-30-2020 Newshound Guru Adam Montana I don't expect to see the RV announced until the HCL is completed. And I don't expect the HCL to be announced as completed until they are ready to RV. These are likely to be two simultaneous announcements, judging from how things are proceeding. The headline will look something like this: "HCL completed. The profit sharing agreement between all (parties) has been implemented to satisfaction; CBI announces an immediate increase in exchange rate for the Iraqi Dinar from (X) to (!!!)." Of course, that will be in Arabic. And the translations will vary, but the end result is the same: Higher exchange rate = Profits for us. ...Go Iraq. Go HCL. GO RV!!! [post 2
of 2]
7-30-2020 Newshound Guru Adam Montana ...Before we have an RV, we need the HCL to be done. I'm more certain of this than ever... and activity in Parliament regarding the HCL has been higher lately than it has in years. In fact, it was on the agenda for today [Wednesday]. I continue to be extremely impressed with how Kazzammie is moving things forward. This guy should have been hired a long time ago! Don't get too excited, at least not quite yet... [post 1 of 2...stay tuned]
7-30-2020 Intel Guru Frank26 ...the Fab 4 are going to announce to Iraq how their currency is going to be used globally. When they can use the new currency. How they can use it. The conversation is to bring the IQD to the international global market and during this meeting (this dream) is to explain how they will lessen their dependence on the American Dollar - meaning the amount of the new exchange rate of the IQD...all these benchmarks, all these requirements for the monetary reform of the currency of Iraq, they've all been done...we're now dealing with the political garbage of Iran...we're at the point where we're just picking up the last pieces with a dustpan...this meeting will be face-to-face. Not teleconference...it's going to be held in Washington D.C. IMO...we now seek Allaq and Kazemi's to announce the day of their visit to Washington D.C. because after they are done with this meeting we seek Kazemi and Allaq to go to their citizens of Iraq and announce the new exchange rate...
7-30-2020 Intel Guru Bruce [via WiserNow] We are on – I would say – a day by day account right now – the information that I’ve received from one of our Forex people is pointing towards today/tomorrow [Tuesday/Wednesday] or next week – Tuesday/Wednesday of next week... I don’t think we can write off any particular day – there seems to be a push to get this done by the end of the month - which is Friday...I don’t know if that is going to be the case - it could be – there are things point to it happening kinda – like right away...I really believe we are that close to where we could go any day now...I believe we are within days...
7-30-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK LENDS AL-KAZEMI’S GOVERNMENT 8 TRILLION DINARS" oh oh what does this mean? No RV this year? So they did it. They managed to get the money they needed to extend this madness to the end of the year. This to me...means that they DO NOT intend to reinstate the dinar until early next year...They are buying time with these loans. This is all they are doing...But the good news is this – if they have all this new debt and so how can they repay it all if oil prices do not rise by the end of the year to vear 60/barrel? Even then they still have to pay salaries and retirees and on top of that have money to rebuild? So you see sometimes when the news looks really gloomy, there is always another side to it. Yes, we may not get what we want now but Christmas is coming and it might be really nice this year…just saying…
7-30-2020 Intel Guru MarkZ For the most part it’s still Groundhog day. There are “gag orders” in effect in most banking centers. They are very, very quiet. I still have a contact in the redemption centers who fully expects to be working this weekend….I hope that is true. [When do you expect the RV?] I’m thinking “Any moment” as we watch the markets implode and watch everything come together. Banking contacts are in this loop of “Any moment” and because of their jobs – they have to be in this mindset so they are ready when it happens.
7-30-2020 Newshound Guru MilitiaMan Article: "Parliament: The government will not submit the 2020 budget for its preoccupation with reforms" Quote: "The government may not submit the 2020 budget due to time constraints, and because it is now occupied by two overlapping major files: the 2021 budget and the reform program file," Well they surely will need the 2019 FML Amendment to do both. But, note they are speaking of the reform file. The entire economic reform file. Then that would mean to me they have to have a rate to associate the economic reform file to. They have the authorities at the highest levels being the executive, legislative and judiciary. My view is this is already underway and not just getting started...Imo This is a good thing.
7-30-2020 Newshound Guru Adam Montana I don't expect to see the RV announced until the HCL is completed. And I don't expect the HCL to be announced as completed until they are ready to RV. These are likely to be two simultaneous announcements, judging from how things are proceeding. The headline will look something like this: "HCL completed. The profit sharing agreement between all (parties) has been implemented to satisfaction; CBI announces an immediate increase in exchange rate for the Iraqi Dinar from (X) to (!!!)." Of course, that will be in Arabic. And the translations will vary, but the end result is the same: Higher exchange rate = Profits for us. ...Go Iraq. Go HCL. GO RV!!! [post 2
of 2]
7-30-2020 Newshound Guru Adam Montana ...Before we have an RV, we need the HCL to be done. I'm more certain of this than ever... and activity in Parliament regarding the HCL has been higher lately than it has in years. In fact, it was on the agenda for today [Wednesday]. I continue to be extremely impressed with how Kazzammie is moving things forward. This guy should have been hired a long time ago! Don't get too excited, at least not quite yet... [post 1 of 2...stay tuned]
7-30-2020 Intel Guru Frank26 ...the Fab 4 are going to announce to Iraq how their currency is going to be used globally. When they can use the new currency. How they can use it. The conversation is to bring the IQD to the international global market and during this meeting (this dream) is to explain how they will lessen their dependence on the American Dollar - meaning the amount of the new exchange rate of the IQD...all these benchmarks, all these requirements for the monetary reform of the currency of Iraq, they've all been done...we're now dealing with the political garbage of Iran...we're at the point where we're just picking up the last pieces with a dustpan...this meeting will be face-to-face. Not teleconference...it's going to be held in Washington D.C. IMO...we now seek Allaq and Kazemi's to announce the day of their visit to Washington D.C. because after they are done with this meeting we seek Kazemi and Allaq to go to their citizens of Iraq and announce the new exchange rate...
7-30-2020 Intel Guru Bruce [via WiserNow] We are on – I would say – a day by day account right now – the information that I’ve received from one of our Forex people is pointing towards today/tomorrow [Tuesday/Wednesday] or next week – Tuesday/Wednesday of next week... I don’t think we can write off any particular day – there seems to be a push to get this done by the end of the month - which is Friday...I don’t know if that is going to be the case - it could be – there are things point to it happening kinda – like right away...I really believe we are that close to where we could go any day now...I believe we are within days...
7-29-2020 Newshound Guru Pimpy ...there are a lot of rumors swirling around as usual regarding the dinar. All I want to do is say hey be careful you know better than to get yourself all psyched up and hyped up over these rumors. Now I heard them myself. I've heard them from multiple people that something magical should happen this next week. It's ok to hope that it happens this week but I'm just letting you know to be careful not to act like it's already happened. Because if you start spending your money before you actually get it well then you're gonna be very disappointed...we've been down this road before. Let's just cross our fingers and hope something really exciting happens but stay grounded...I hear all the rumors but I can only show you guys or talk about what I can prove...I know what you're talking about but I can't prove that. It's just hearsay right now. There's nothing wrong with being optimistic but just be careful...
7-29-2020 Intel Guru RayRen98 Citizens were informed that the government is supposedly giving every "poor" person 75k dinar and cancelled some consumer debt for the holiday. Today they were told the financial management law will be discussed by the CBI and the Financial Minister after the EID holiday. They said that a year ago the financial management law was passed and that it would be a tool to help change the currency rate in Iraq and now it has resurfaced.
7-29-2020 Intel Guru Frank26 ...Iraq is International. The sharks know it. They are buying up billions and billions of dinars. They're buying them up. Not because they're psychotic or bi-polar, it's because they know...they can see
2 + 2 = 4...
7-29-2020 Intel Guru MarkZ [via PDK] Well last night was an exceptionally quiet night for a night that had so much expectation... There are a lot of bankers and people sitting around twiddling their thumbs. I could find zero movement last night in the banking world…I have chased news from Asia, to Europe to out west, Miami and Richmond…and I can find no movement…The banking side and a redemption center contact firmly believes though that we are still looking at this week. They were being prepped for it last weekend. All my banking contacts say we are at “High Alert” so I will agree with that.
7-29-2020 Newshound/Intel Guru Mnt Goat Where do we stand today? ...First, I want to re-emphasize that we will NOT see the RV in July. I know they did have plans to try to do it but even way back in early June they decided they could not piece it all together in time. They want a “level playing field” with the currencies in the middle east and so they are attempting to do it. Iran, once again, is the obstacle and causing delays on this process. ...I am possibly seeing a window in August but I do not see the CBI firming this as of yet. They are not taking the action necessary to progress in this direction. They should now be re-educating the public if this was the case. They are not. We might be heading for an early 2021 window again. We just have to wait it out and see. But we do know this nonsense of delay, delay can not go on much longer. [post 2 of 2]
7-29-2020 Newshound/Intel Guru Mnt Goat I know there are lots of rumors floating around about an RV this week... Don’t you think it might be a very good idea to inform the CBI of this impending RV? Don’t they initiate it...? I have said many times already that the CBI will educate the citizens prior to the “project to delete the zeros” and how it will all work. Even though they have done this before they will do it again and again prior to each scheduled attempt. I have talked to my sources in the CBI and they have told me to watch for this re-education and announcements from the CBI as our cue as we get closer to the RV. What more can they tell us? The only thing more would be a date and they are not going to do that, as least directly. However, the CBI has scheduled the project to delete the zeros already three (3) time that we can confirm and know of as a FACT... So if this project was going to be executed in July then where is (was) the news from the CBI? ...There is no news and thus no RV. But this is not the only reason for no RV now. [post 1 of 2....stay tuned]
7-29-2020 Intel Guru Frank26 ...what did we say last week? Iraq is international...the international world knows this don't they...if you're a shark, if you're a whale you can smell blood in the ocean right now. And that's what these guys do - these shark these whales, these companies, these entities, these treasury departments, in other words those who have powerful super dollars, big dollars, big bucks. They know when to buy the Iraqi dinar. NOW! And they're buying it left and right. You're seeing the proof of it...What's missing is the announcement... how is it they know? I call it the "white papers"...what do the white papers contain? A rate and a date and the HCL stuff...that means banks already know the rate and the date of the Iraqi dinar - when it's going to be announced don't they? IMO yes.
7-29-2020 Intel Guru RayRen98 Citizens were informed that the government is supposedly giving every "poor" person 75k dinar and cancelled some consumer debt for the holiday. Today they were told the financial management law will be discussed by the CBI and the Financial Minister after the EID holiday. They said that a year ago the financial management law was passed and that it would be a tool to help change the currency rate in Iraq and now it has resurfaced.
7-29-2020 Intel Guru Frank26 ...Iraq is International. The sharks know it. They are buying up billions and billions of dinars. They're buying them up. Not because they're psychotic or bi-polar, it's because they know...they can see
2 + 2 = 4...
7-29-2020 Intel Guru MarkZ [via PDK] Well last night was an exceptionally quiet night for a night that had so much expectation... There are a lot of bankers and people sitting around twiddling their thumbs. I could find zero movement last night in the banking world…I have chased news from Asia, to Europe to out west, Miami and Richmond…and I can find no movement…The banking side and a redemption center contact firmly believes though that we are still looking at this week. They were being prepped for it last weekend. All my banking contacts say we are at “High Alert” so I will agree with that.
7-29-2020 Newshound/Intel Guru Mnt Goat Where do we stand today? ...First, I want to re-emphasize that we will NOT see the RV in July. I know they did have plans to try to do it but even way back in early June they decided they could not piece it all together in time. They want a “level playing field” with the currencies in the middle east and so they are attempting to do it. Iran, once again, is the obstacle and causing delays on this process. ...I am possibly seeing a window in August but I do not see the CBI firming this as of yet. They are not taking the action necessary to progress in this direction. They should now be re-educating the public if this was the case. They are not. We might be heading for an early 2021 window again. We just have to wait it out and see. But we do know this nonsense of delay, delay can not go on much longer. [post 2 of 2]
7-29-2020 Newshound/Intel Guru Mnt Goat I know there are lots of rumors floating around about an RV this week... Don’t you think it might be a very good idea to inform the CBI of this impending RV? Don’t they initiate it...? I have said many times already that the CBI will educate the citizens prior to the “project to delete the zeros” and how it will all work. Even though they have done this before they will do it again and again prior to each scheduled attempt. I have talked to my sources in the CBI and they have told me to watch for this re-education and announcements from the CBI as our cue as we get closer to the RV. What more can they tell us? The only thing more would be a date and they are not going to do that, as least directly. However, the CBI has scheduled the project to delete the zeros already three (3) time that we can confirm and know of as a FACT... So if this project was going to be executed in July then where is (was) the news from the CBI? ...There is no news and thus no RV. But this is not the only reason for no RV now. [post 1 of 2....stay tuned]
7-29-2020 Intel Guru Frank26 ...what did we say last week? Iraq is international...the international world knows this don't they...if you're a shark, if you're a whale you can smell blood in the ocean right now. And that's what these guys do - these shark these whales, these companies, these entities, these treasury departments, in other words those who have powerful super dollars, big dollars, big bucks. They know when to buy the Iraqi dinar. NOW! And they're buying it left and right. You're seeing the proof of it...What's missing is the announcement... how is it they know? I call it the "white papers"...what do the white papers contain? A rate and a date and the HCL stuff...that means banks already know the rate and the date of the Iraqi dinar - when it's going to be announced don't they? IMO yes.
7-28-2020 Newshound Guru Militiaman ...it all comes back to the pressure that's on these guys to do what? Raise their exchange rate. And their words specifically say 'the exchange rate is one of the keys to our solution.' To me that's big big stuff...
7-28-2020 Newshound Guru Pimpy ...without putting too much hopium into what's going to happen, I'm waiting for the Finance Minister of Iraq to possibly make some very interesting announcements this week. Let's see what happens. I don't want to say too much but we're definitely monitoring it. One thing that can help restore the sovereignty of Iraq is for them to have the restrictions removed off of their currency so they could be a sovereign nation and start dealing with the international community...something tells me there's going to be some very interesting news here between now and the first week of August. Something that you could feel very happy about...
7-28-2020 Intel Guru Frank26 ...We believe Iraq is about to make a very huge payment in the form of IQD...We don't know who. We don't know why. But we do know it's a very huge payment (billions and billion) and it will be in the form of IQD's. It might be a payment to Kuwait. It might be to Saudi Arabia. They either already made this payment in IQD's...Or they're in the process of doing it. IMO this is because somebody knows the new exchange rate of the IQD is coming. To receive payment in Iraqi dinars in a large amount like that it is very indicative of someone knows something about that currency. It's pretty obvious isn't it? ...I bought my dinar on April of 2004. I've had my currency going on 17 years and no where in those 17 years did I ever ever feel that the exchange rate was that imminent as I feel it right now. The evidence is very clear...somebody knows...
7-28-2020 Newshound/Intel Guru Petra ...the budget. We haven't seen the budget. They haven't shown the budget. Why? What's in the budget that they don't want to show us? It's the rate. It has to be..."coincidences" are aligning to demonstrate a great need for change. And the "white papers" even dictate that the change occurs with the change in rate...I see a lot of alignment going on for now rather than later...There are a lot of coincidences aligning with a timed event that has got to be coming up here pretty quick.
7-28-2020 Intel Guru MarkZ [via PDK] All my group leaders sure think this is our week…this is the first time they have all agreed…so I am excited about that…My group leaders contacts have been telling me for over a week that they are expecting something Tonight - Tuesday night/Early Wednesday. They feel very confident that this will be a fantastic week...My folks in Iraq have not heard anything on timing...I even had a local banker reach out to me and say they could match whatever the redemption center can offer…and to keep him in mind when this thing goes…so even those guys are ramping up. [I think Labor Day will open the flood gates being just 60 days from the elections.] I still think it will be sooner.
7-28-2020 Intel Guru Delta ...what I'm expecting from the Central Bank to do - I'm expecting them to tell me the same thing what Allaq did in 2016. Exactly a mirror like that announcement. What he said at that time was in early 2017 we are going to lift the 3 zeros and introduce smaller denominations. That's what I'm waiting for...They have to have a time-frame and based on the experience of the CBI they always give people a month, two months in advance...they can raise the value but in the case of Iraq they have to introduce lower denominations too and that is the problem. That's why you need time to do that...
7-28-2020 Newshound Guru Jeff ...this is huge...the Financial Management Law - that is the tool used to commission the rate change...they're telling you they're about to restructure their budget for the second half of this year under the guidance and control of the Financial Management Law...see how huge this is?...notice how they brought you the "White Papers". Also notice how they went into great detail about reviewing the exchange rate and notice how they're doing this as they're finishing the first half of their year approaching the second half of their year. September is red hot...this article is amazing... [Post 2 of 2]
7-28-2020 Newshound Guru Jeff ...March of last year...Iraq introduced us to the Financial Management Law...it's a tool that will be used to commission the rate change...this first article is an older one from March 20, 2019: "Parliamentary move to raise the price of the dinar and maintain the stability of inflation" ...they explain the Financial Administration Law to us and how it's...a tool used to commission the rate change. Let's look at the article from yesterday Article: "The Government and parliament are considering approving two budgets" ...One for the remainder of this year and one for next year of 2021... Quote: "...expressing his belief there will be no federal budget for the year of 2020 and the government will complete this year according to the Financial Management Law." [post 1 of 2....stay tuned]
7-28-2020 Guest Guru Austin-Powers-For-PM ...Normally I'd say that it is entirely possible they'd kick the can down range another 6 months to a year. They've been doing this for 10+ years and nothing would stop them to do that again. However, now it's different. You have a P.M. who isn't kissing Iran's rear end. You have things blowing up all over Iran and putting things out of commission. You have a President facing re-election who needs something dramatic to get reelected. You have a global cash liquidity crisis that needs to be dealt with NOW! You have IQD prices going through the roof because nobody can get it. Something BIG is going to happen between now and January 2nd, and I believe before then. I have other reasons that I believe this time somethings in the works, but in any case, the earth is moving. How fast is hard to tell, but believe this is coming.
7-28-2020 Newshound Guru Pimpy ...without putting too much hopium into what's going to happen, I'm waiting for the Finance Minister of Iraq to possibly make some very interesting announcements this week. Let's see what happens. I don't want to say too much but we're definitely monitoring it. One thing that can help restore the sovereignty of Iraq is for them to have the restrictions removed off of their currency so they could be a sovereign nation and start dealing with the international community...something tells me there's going to be some very interesting news here between now and the first week of August. Something that you could feel very happy about...
7-28-2020 Intel Guru Frank26 ...We believe Iraq is about to make a very huge payment in the form of IQD...We don't know who. We don't know why. But we do know it's a very huge payment (billions and billion) and it will be in the form of IQD's. It might be a payment to Kuwait. It might be to Saudi Arabia. They either already made this payment in IQD's...Or they're in the process of doing it. IMO this is because somebody knows the new exchange rate of the IQD is coming. To receive payment in Iraqi dinars in a large amount like that it is very indicative of someone knows something about that currency. It's pretty obvious isn't it? ...I bought my dinar on April of 2004. I've had my currency going on 17 years and no where in those 17 years did I ever ever feel that the exchange rate was that imminent as I feel it right now. The evidence is very clear...somebody knows...
7-28-2020 Newshound/Intel Guru Petra ...the budget. We haven't seen the budget. They haven't shown the budget. Why? What's in the budget that they don't want to show us? It's the rate. It has to be..."coincidences" are aligning to demonstrate a great need for change. And the "white papers" even dictate that the change occurs with the change in rate...I see a lot of alignment going on for now rather than later...There are a lot of coincidences aligning with a timed event that has got to be coming up here pretty quick.
7-28-2020 Intel Guru MarkZ [via PDK] All my group leaders sure think this is our week…this is the first time they have all agreed…so I am excited about that…My group leaders contacts have been telling me for over a week that they are expecting something Tonight - Tuesday night/Early Wednesday. They feel very confident that this will be a fantastic week...My folks in Iraq have not heard anything on timing...I even had a local banker reach out to me and say they could match whatever the redemption center can offer…and to keep him in mind when this thing goes…so even those guys are ramping up. [I think Labor Day will open the flood gates being just 60 days from the elections.] I still think it will be sooner.
7-28-2020 Intel Guru Delta ...what I'm expecting from the Central Bank to do - I'm expecting them to tell me the same thing what Allaq did in 2016. Exactly a mirror like that announcement. What he said at that time was in early 2017 we are going to lift the 3 zeros and introduce smaller denominations. That's what I'm waiting for...They have to have a time-frame and based on the experience of the CBI they always give people a month, two months in advance...they can raise the value but in the case of Iraq they have to introduce lower denominations too and that is the problem. That's why you need time to do that...
7-28-2020 Newshound Guru Jeff ...this is huge...the Financial Management Law - that is the tool used to commission the rate change...they're telling you they're about to restructure their budget for the second half of this year under the guidance and control of the Financial Management Law...see how huge this is?...notice how they brought you the "White Papers". Also notice how they went into great detail about reviewing the exchange rate and notice how they're doing this as they're finishing the first half of their year approaching the second half of their year. September is red hot...this article is amazing... [Post 2 of 2]
7-28-2020 Newshound Guru Jeff ...March of last year...Iraq introduced us to the Financial Management Law...it's a tool that will be used to commission the rate change...this first article is an older one from March 20, 2019: "Parliamentary move to raise the price of the dinar and maintain the stability of inflation" ...they explain the Financial Administration Law to us and how it's...a tool used to commission the rate change. Let's look at the article from yesterday Article: "The Government and parliament are considering approving two budgets" ...One for the remainder of this year and one for next year of 2021... Quote: "...expressing his belief there will be no federal budget for the year of 2020 and the government will complete this year according to the Financial Management Law." [post 1 of 2....stay tuned]
7-28-2020 Guest Guru Austin-Powers-For-PM ...Normally I'd say that it is entirely possible they'd kick the can down range another 6 months to a year. They've been doing this for 10+ years and nothing would stop them to do that again. However, now it's different. You have a P.M. who isn't kissing Iran's rear end. You have things blowing up all over Iran and putting things out of commission. You have a President facing re-election who needs something dramatic to get reelected. You have a global cash liquidity crisis that needs to be dealt with NOW! You have IQD prices going through the roof because nobody can get it. Something BIG is going to happen between now and January 2nd, and I believe before then. I have other reasons that I believe this time somethings in the works, but in any case, the earth is moving. How fast is hard to tell, but believe this is coming.
7-27-2020 Newshound/Intel Guru Petra ...If I was going to use two words today to describe all the articles coming out in the last 72 hours it would be "strategic confusion"...there's some interesting development that I think we need to bring up...they are so desperate for cash they are offering people to deposit their money into the banks...I saw two articles. One said they are offering double the return and other article said they're offering a 10% interest rate. The only way I could see them making double the return is if they were given double the purchasing power or triple or quadruple the purchasing power. The key here is the liquidity factor is still an issue within the country of Iraq...they are essentially borrowing from the people themselves so they can turn around and pay them...
7-27-2020 Newshound Guru Jeff ...gold and silver IMO are slowly increasing in value walking you to the timing of the rate change. As well as the dollar devaluing so that way when the rate does change it will strengthen the US dollar so the dollar can actually go back up in value...The dollar is already high. It was well over 100 cents so it would make sense that if they are going to gold backed they would have to devalue the dollar to give it wiggle room to go back up when they or if they go gold-backed...
7-27-2020 Newshound Guru Pimpy There is talk about Iraq going back to its normal fiscal period...the year would start in April. Their half year would be October. That's what it used to be and that would line them up with other Arab nations that are all part of the Arab Monetary Fund...Let's see if inside this new budget we do see the rate change. That'll be really nice... Quote: "...revealed the handing over of the 2020 budget to the house of representative next October. Staring to work on a budget of 2021. Noting it would be delivered to the parliament in October noting that it would be studied and approved early" ...October seems to be a big month for a lot of reasons...Something about this month of October. You know there's the rumors of when Trump's going to be meeting with IMF bank. We'll see what happens there. Obviously they're putting forward their budget in October as well. This could all mean something or maybe it won't. We'll keep an eye on it.
7-27-2020 Intel Guru Footforward [Things seem quiet in regards to dong and dinar...] ...it has been. Intel has been very quiet. Alot of rumors. Very few people willing to talk. I like where we are at. [Iraq announced budget for 2021 will be completed by October. September could be the RV month.] there will be a bit of misdirection on timing. So while most watch September I watch now.
7-27-2020 Intel Guru MarkZ [via PDK] There sure is a lot of chatter we are there this week. We see the groundhog again today as there was no movement this weekend. But, there are a lot of large group leaders who expect to see it Tuesday Night to Wednesday morning. These are some of the biggest groups in the game. We are going to watch it. I am a firm believer we are about to see this soon...We are watching things unfold and watching things line up.
7-27-2020 Newshound Guru Jeff Article: "Ministerial Round-table discussions express support for Iraqi government economic reforms" I've been telling you that the "white paper" is the roadmap for the new economic system to be launched which includes the rate change. Article quote: "Dr. Allawi said the the new Iraqi government is committed to submitting a wide-ranging White Paper to Parliament in September 2020 which will set out a roadmap to reorient the Iraqi economy..." They're telling you right here it's going to be submitted to parliament in September 2020...doesn't get any more clear than that...
7-27-2020 Newshound Guru Jeff ...gold and silver IMO are slowly increasing in value walking you to the timing of the rate change. As well as the dollar devaluing so that way when the rate does change it will strengthen the US dollar so the dollar can actually go back up in value...The dollar is already high. It was well over 100 cents so it would make sense that if they are going to gold backed they would have to devalue the dollar to give it wiggle room to go back up when they or if they go gold-backed...
7-27-2020 Newshound Guru Pimpy There is talk about Iraq going back to its normal fiscal period...the year would start in April. Their half year would be October. That's what it used to be and that would line them up with other Arab nations that are all part of the Arab Monetary Fund...Let's see if inside this new budget we do see the rate change. That'll be really nice... Quote: "...revealed the handing over of the 2020 budget to the house of representative next October. Staring to work on a budget of 2021. Noting it would be delivered to the parliament in October noting that it would be studied and approved early" ...October seems to be a big month for a lot of reasons...Something about this month of October. You know there's the rumors of when Trump's going to be meeting with IMF bank. We'll see what happens there. Obviously they're putting forward their budget in October as well. This could all mean something or maybe it won't. We'll keep an eye on it.
7-27-2020 Intel Guru Footforward [Things seem quiet in regards to dong and dinar...] ...it has been. Intel has been very quiet. Alot of rumors. Very few people willing to talk. I like where we are at. [Iraq announced budget for 2021 will be completed by October. September could be the RV month.] there will be a bit of misdirection on timing. So while most watch September I watch now.
7-27-2020 Intel Guru MarkZ [via PDK] There sure is a lot of chatter we are there this week. We see the groundhog again today as there was no movement this weekend. But, there are a lot of large group leaders who expect to see it Tuesday Night to Wednesday morning. These are some of the biggest groups in the game. We are going to watch it. I am a firm believer we are about to see this soon...We are watching things unfold and watching things line up.
7-27-2020 Newshound Guru Jeff Article: "Ministerial Round-table discussions express support for Iraqi government economic reforms" I've been telling you that the "white paper" is the roadmap for the new economic system to be launched which includes the rate change. Article quote: "Dr. Allawi said the the new Iraqi government is committed to submitting a wide-ranging White Paper to Parliament in September 2020 which will set out a roadmap to reorient the Iraqi economy..." They're telling you right here it's going to be submitted to parliament in September 2020...doesn't get any more clear than that...
7-26-2020 Newshound Guru Jeff I've been in this 11 years since '09. This is the first year that they've never approved an operating budget since I've been in this...what they're telling you is that the rate change is married to the budget. That's one of the main things you're looking for. And remember Iraq has to have stability. Meaning Kurdistan and Baghdad have to reach an agreement...the US requested to have the UN come in and work with both Baghdad and Kurdistan to resolve their differences...they have to reach that agreement in order for the rate change to go international...
7-26-2020 Newshound Guru Pimpy This looks like a huge International movement. This is what we want. We know that Iraq is going to be the doorway to do major business over in the Middle East. There's a lot of business opportunities over there. They've been war torn for quite some time...a lot of infrastructure needs to be dealt with...
7-26-2020 Newshound Guru Militiaman ...the theory of [the rate change/RV] being out into September is not being supported yet imo one bit. If you have links to support the view they will extend reforms out to September with fresh information, then please bring it in. Love to see it. In the mean time, we are imo watching the live progress on many fronts, not just Iraqs...
7-26-2020 Newshound Guru Pimpy Article: "Ministerial Roundtable discussions express support for Iraqi government economic reforms" ...This article is long but I can tell you this, if they have "white papers" for all these different files, they're going to be all presented in September of this year...There's a lot of discussion about, are the rate changes in this "white paper"? A lot of people seem to be pointing that direction. I haven't seen anything that says that the rate change is in the white papers but that doesn't mean it's not in the white papers. I'm looking for something a little bit different. I'm looking for the international community to once again...recognize the sovereignty of Iraq. And as you guys know in order to be a sovereign county you have to have your own currency. Iraq does have its own currency, I get that but they need the restrictions lifted off it so we can see them on the Forex once again...
7-26-2020 Newshound Guru Pimpy This looks like a huge International movement. This is what we want. We know that Iraq is going to be the doorway to do major business over in the Middle East. There's a lot of business opportunities over there. They've been war torn for quite some time...a lot of infrastructure needs to be dealt with...
7-26-2020 Newshound Guru Militiaman ...the theory of [the rate change/RV] being out into September is not being supported yet imo one bit. If you have links to support the view they will extend reforms out to September with fresh information, then please bring it in. Love to see it. In the mean time, we are imo watching the live progress on many fronts, not just Iraqs...
7-26-2020 Newshound Guru Pimpy Article: "Ministerial Roundtable discussions express support for Iraqi government economic reforms" ...This article is long but I can tell you this, if they have "white papers" for all these different files, they're going to be all presented in September of this year...There's a lot of discussion about, are the rate changes in this "white paper"? A lot of people seem to be pointing that direction. I haven't seen anything that says that the rate change is in the white papers but that doesn't mean it's not in the white papers. I'm looking for something a little bit different. I'm looking for the international community to once again...recognize the sovereignty of Iraq. And as you guys know in order to be a sovereign county you have to have your own currency. Iraq does have its own currency, I get that but they need the restrictions lifted off it so we can see them on the Forex once again...
7-25-2020 Newshound Guru Militiaman ...The World Bank states that Iraq will have issues with out getting the reforms done. They say borrowing is going to be difficult for Iraq to fund expenditures. Then today we see proof of that and with a qualification that they can get the monies through FINANCIAL REFORMS. This is not theory. This is what they can do and it is coming from the Finance Committee. The reforms will allow the money to flow, imo, that money will require an international rate. Financial Reforms are not at a program rate for pete sake.
7-25-2020 Newshound Guru Pimpy ...A lot of you brought it to my attention that yes indeed we know Al-Kazemi is not here with Trump like he was scheduled to be here but Trump had postponed it. I don't think they set a date yet due to everything that's happening here in our country. There's a lot of instability. They're using corona as an excuse. But, yeah it's going to happen. I wouldn't worry too much about it. This give Al-Kazemi a little more time for him to hammer out his issues with Kurdistan and for them to just go ahead and continue to make big strives and do what they need to do to get their sovereignty back...the problem is now we're hearing little bits of good information every day so it kind of gets old. I think a lot of us are just like come on man just make it happen already!
7-25-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ PLANS TO BORROW 18 BILLION DOLLARS" 18 billion will buy them 18 divided by 5 = 3.6 months of salaries. That’s July – mid October only. That is IF they can secure the loans. And then what next?
7-25-2020 Newshound Guru Pimpy ...A lot of you brought it to my attention that yes indeed we know Al-Kazemi is not here with Trump like he was scheduled to be here but Trump had postponed it. I don't think they set a date yet due to everything that's happening here in our country. There's a lot of instability. They're using corona as an excuse. But, yeah it's going to happen. I wouldn't worry too much about it. This give Al-Kazemi a little more time for him to hammer out his issues with Kurdistan and for them to just go ahead and continue to make big strives and do what they need to do to get their sovereignty back...the problem is now we're hearing little bits of good information every day so it kind of gets old. I think a lot of us are just like come on man just make it happen already!
7-25-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ PLANS TO BORROW 18 BILLION DOLLARS" 18 billion will buy them 18 divided by 5 = 3.6 months of salaries. That’s July – mid October only. That is IF they can secure the loans. And then what next?
7-24-2020 Intel Guru Bruce I know that everything is moving forward and we’re in a different place now than we were Tuesday...I think we’re looking good between now and the weekend but there are also people I’m hearing from that are talking about early next week – so we could push to that point – I hope not...I cannot promise you it’s going to be this week or even by the weekend – but I know that things are moving forward...I think it is exciting what is going on... [post 2 of 2]
7-24-2020 Intel Guru Bruce [via WiserNow] What we had received last night [Wednesday] was pointing toward something occurring...Saturday...but we do have additional information that takes us a little further through the weekend...your “blessing” – is right around the corner – but we don’t have it yet and until we have it keep doing whatever you’re called to do in the meantime...a lot of money is moving around – to me that is all good...these funds...are going to be used...to pay out us...I would say that is a good sign...globally the QFS is completely on line – and all countries are now hooked up and a part of it...I’m sure there are some other things that need to happen – although I did hear that there is a possibility due to the pressure that’s being exerted on us to get this party started – to get it done by a certain time in the afternoon tomorrow [Friday]... [post 1 of 2....stay tuned]
7-24-2020 Intel Guru RayRen98 "ALL HANDS ON DECK" - IS THE PHRASE FOR TODAY. THIS MAY BE AN EXCITING WEEKEND...
7-24-2020 Intel Guru MarkZ [via PDK] For the most part we are still in Punxatawney. Bankers...sat in the ready without going anywhere...on the local news front I have a banker who is very much looking for next week, and redemption centers are implementing last minute policy changes. I am hearing they are also preparing for next week. We have been sitting on the edge of our seats for so long, but I know we are close...
7-24-2020 Newshound/Intel Guru Mnt Goat I told everyone weeks ago to bash your hopes of any RV during the month of July. There are way too many pieces still to fix and work out prior. But I know for a fact the project to delete the zeros is going to take place sooner than later. They are also planning a new CBI governor replacement.
7-24-2020 Newshound/Intel Guru BGG Article: "Minister of Finance: 300 thousand “space” employees in Iraq" Quote: "Allawi explained that the issues that were buried because of the large and growing oil revenues are now evolving, and this includes payments for an estimated 300,000 “ghost” or fictional employee ” This is probably more accurately translated as “Ghost employees”, a corruption issue for a long time now and one of the big reasons no one wants to just give them money for “salaries”. It would all go to these corrupt politicians via this sham payroll scam. The good news – the MoF is going after them in an open, honest, legal fashion.
7-24-2020 Newshound Guru Pimpy Question: "[What are the] best places to turn in foreign currency?" Foreign currencies as long as there's no restrictions on them you should be able to turn them into your bank...just ask them in advance...just say, 'If I bought foreign currency and I needed to exchange it can I buy it and exchange it here?' If they say what kind of currency just say "any kind". Don't tell them anything specifically because Iraq has restrictions on it and they'll say no they don't do Iraqi dinar. Just hang tight and once the restrictions are off then consider that...
7-24-2020 Intel Guru Bruce [via WiserNow] What we had received last night [Wednesday] was pointing toward something occurring...Saturday...but we do have additional information that takes us a little further through the weekend...your “blessing” – is right around the corner – but we don’t have it yet and until we have it keep doing whatever you’re called to do in the meantime...a lot of money is moving around – to me that is all good...these funds...are going to be used...to pay out us...I would say that is a good sign...globally the QFS is completely on line – and all countries are now hooked up and a part of it...I’m sure there are some other things that need to happen – although I did hear that there is a possibility due to the pressure that’s being exerted on us to get this party started – to get it done by a certain time in the afternoon tomorrow [Friday]... [post 1 of 2....stay tuned]
7-24-2020 Intel Guru RayRen98 "ALL HANDS ON DECK" - IS THE PHRASE FOR TODAY. THIS MAY BE AN EXCITING WEEKEND...
7-24-2020 Intel Guru MarkZ [via PDK] For the most part we are still in Punxatawney. Bankers...sat in the ready without going anywhere...on the local news front I have a banker who is very much looking for next week, and redemption centers are implementing last minute policy changes. I am hearing they are also preparing for next week. We have been sitting on the edge of our seats for so long, but I know we are close...
7-24-2020 Newshound/Intel Guru Mnt Goat I told everyone weeks ago to bash your hopes of any RV during the month of July. There are way too many pieces still to fix and work out prior. But I know for a fact the project to delete the zeros is going to take place sooner than later. They are also planning a new CBI governor replacement.
7-24-2020 Newshound/Intel Guru BGG Article: "Minister of Finance: 300 thousand “space” employees in Iraq" Quote: "Allawi explained that the issues that were buried because of the large and growing oil revenues are now evolving, and this includes payments for an estimated 300,000 “ghost” or fictional employee ” This is probably more accurately translated as “Ghost employees”, a corruption issue for a long time now and one of the big reasons no one wants to just give them money for “salaries”. It would all go to these corrupt politicians via this sham payroll scam. The good news – the MoF is going after them in an open, honest, legal fashion.
7-24-2020 Newshound Guru Pimpy Question: "[What are the] best places to turn in foreign currency?" Foreign currencies as long as there's no restrictions on them you should be able to turn them into your bank...just ask them in advance...just say, 'If I bought foreign currency and I needed to exchange it can I buy it and exchange it here?' If they say what kind of currency just say "any kind". Don't tell them anything specifically because Iraq has restrictions on it and they'll say no they don't do Iraqi dinar. Just hang tight and once the restrictions are off then consider that...
7-23-2020 Intel Guru Frank26 Where will we as investors see the rate has changed 1 to 1? On the CBI website. [You can always see the official CBI dinar rate on this page in column on the left.] When? Probably when you wake up one morning. Why? Because when you're asleep they're up working very hard...unless you're up at 3 or 4 in the morning you're not gonna see it until the next day when you wake up...
7-23-2020 Newshound Guru Pimpy There's a lot of people in the group they always feel this is never going to happen. I get that...it's been stretched out over years. Over 10 years. 15 years for people. So I get that their frustration. If I may make a suggestion...you can go 'I'm done. This isn't going to happen.' Sell your currency back. And ignore it all together. Or what you could do instead of driving yourself crazy. Cut off the news for a little bit. That includes me...If everyday you're waking up with anticipation I would imagine there are only so many times you can be let down...this is why people shouldn't say dates or rates. The truth of the matter is nobody knows...be grounded. Be calm. It is going to happen. That's my opinion. It appears to be happening very very soon. You can see all the signs that are here...hang tight, be cool and have faith...
7-23-2020 Intel Guru Delta ...I'm gonna stick to my personal opinion even though the team does not agree with me...I wish and I hope and I pray to God I'm wrong 1000% but I'm leaning toward September...
7-23-2020 Newshound/Intel Guru Mnt Goat Where do we stand for the RV?
...I am not looking for anything in July. There are just too many pieces still to put in place to make this happen. Also we are moving into August soon and so I see a possible window opening if certain actions are taken. But I do know for a FACT that they are not going to wait until January 2021 if they can help it. They need to be on the FOREX trading now and so are pushing aggressively now to make it all happen. Also, ISX is now trading the Iraqi dinar like a currency exchange and this is a very, very good sign too. When ISX comes live on NASDAQ this will be the time they also put the dinar back to the currency exchanges. I look at the ISX move now as a testing ground for the dinar with investors.
7-23-2020 Intel Guru Frank26 ...Remember I told you the articles are saying "something new", "new mechanism". The word "exchange rate" is being used tremendously. And the reason why is because they have a rate and date for the exchange rate. It's hot news. It's out there... Article: "The Iraqi economy...the predicament of the situation and the problems of the solution" They are talking about their financial crisis...when it's all said and done... Quote: "The exchange rate is one of the "keys" to the solution" ...we have to increase the exchange rate of our currency, not decrease it, against the American dollar...isn't that cool...I'm all for it!
7-23-2020 Intel Guru MarkZ [via PDK] Its 7-23…I never thought we would still be here waiting...I am tired of living in Punxatawney. [...kuwait took few months and iqd 20 years lol.] Kuwait definently took much less time. I have some really good redemption center contacts and they have been put on “High Alert”. Banking centers have been told to stay very, very close. They were told to not make any plans for this weekend….they are expecting that they will have to work. This is the most positive sign I have seen in quite awhile.
7-23-2020 Newshound Guru Pimpy Just because Trump says he recognizes their sovereignty doesn't mean it happens instantaneously. Having said that it doesn't mean I'm kicking the can down the road. I think it's going to happen shortly after that...I think what happens is probably a week or two later you'll see this done. It's going to be shortly after the speech. But we just want to hear it be done. Then sometime shortly after that we will see what the rate it going to be on the Iraqi dinar as it gets on the Forex trading... [post 2 of 2]
7-23-2020 Newshound Guru Pimpy What you are going to see first is like this - The agreement between Kurdistan and Iraq hammered out and fixed. (I feel like that's the true reason he [Kazemi] has not been to the United States yet...) As soon as that is done hopefully Ms Plasshart talks to the United Nations saying, 'This is done. It's good. Iraq is doing everything they said they were going to do.' She thinks it's time to reinstate the sovereignty. Al-Kazemi comes over here to the Untied States, meets with Trump. They have a good meeting...Then what we're gonna do is wait for Trump to then introduce to the world Al-Kazemi. In that speech I'm hoping what we'll hear is Trump encouraging international community to once again recognize the sovereignty of Iraq - Therefore removing any type of restrictions on their currency and we see it on the Forex. [post 1 of 2....stay tuned]]
7-23-2020 Intel Guru Frank26 It seems to me the chest of monetary reform is resting against the tape of the Boston Marathon. The monetary reform ran the Boston Marathon and right now it is right there, touching, already ripping, heck it's already ripped and in slow motion it's falling to the ground as the monetary reform crosses the line. That's how close I feel we are to it. Because they have released the date and the rate...you don't do that until the very very last moment...I'm very intrigued by what I'm seeing and how the Iraqi dinar is being used globally on platforms and clearing houses and on Forex how it's moving. It is amazing...we are going to see the announcement of the new exchange rate...
7-23-2020 Newshound Guru Pimpy There's a lot of people in the group they always feel this is never going to happen. I get that...it's been stretched out over years. Over 10 years. 15 years for people. So I get that their frustration. If I may make a suggestion...you can go 'I'm done. This isn't going to happen.' Sell your currency back. And ignore it all together. Or what you could do instead of driving yourself crazy. Cut off the news for a little bit. That includes me...If everyday you're waking up with anticipation I would imagine there are only so many times you can be let down...this is why people shouldn't say dates or rates. The truth of the matter is nobody knows...be grounded. Be calm. It is going to happen. That's my opinion. It appears to be happening very very soon. You can see all the signs that are here...hang tight, be cool and have faith...
7-23-2020 Intel Guru Delta ...I'm gonna stick to my personal opinion even though the team does not agree with me...I wish and I hope and I pray to God I'm wrong 1000% but I'm leaning toward September...
7-23-2020 Newshound/Intel Guru Mnt Goat Where do we stand for the RV?
...I am not looking for anything in July. There are just too many pieces still to put in place to make this happen. Also we are moving into August soon and so I see a possible window opening if certain actions are taken. But I do know for a FACT that they are not going to wait until January 2021 if they can help it. They need to be on the FOREX trading now and so are pushing aggressively now to make it all happen. Also, ISX is now trading the Iraqi dinar like a currency exchange and this is a very, very good sign too. When ISX comes live on NASDAQ this will be the time they also put the dinar back to the currency exchanges. I look at the ISX move now as a testing ground for the dinar with investors.
7-23-2020 Intel Guru Frank26 ...Remember I told you the articles are saying "something new", "new mechanism". The word "exchange rate" is being used tremendously. And the reason why is because they have a rate and date for the exchange rate. It's hot news. It's out there... Article: "The Iraqi economy...the predicament of the situation and the problems of the solution" They are talking about their financial crisis...when it's all said and done... Quote: "The exchange rate is one of the "keys" to the solution" ...we have to increase the exchange rate of our currency, not decrease it, against the American dollar...isn't that cool...I'm all for it!
7-23-2020 Intel Guru MarkZ [via PDK] Its 7-23…I never thought we would still be here waiting...I am tired of living in Punxatawney. [...kuwait took few months and iqd 20 years lol.] Kuwait definently took much less time. I have some really good redemption center contacts and they have been put on “High Alert”. Banking centers have been told to stay very, very close. They were told to not make any plans for this weekend….they are expecting that they will have to work. This is the most positive sign I have seen in quite awhile.
7-23-2020 Newshound Guru Pimpy Just because Trump says he recognizes their sovereignty doesn't mean it happens instantaneously. Having said that it doesn't mean I'm kicking the can down the road. I think it's going to happen shortly after that...I think what happens is probably a week or two later you'll see this done. It's going to be shortly after the speech. But we just want to hear it be done. Then sometime shortly after that we will see what the rate it going to be on the Iraqi dinar as it gets on the Forex trading... [post 2 of 2]
7-23-2020 Newshound Guru Pimpy What you are going to see first is like this - The agreement between Kurdistan and Iraq hammered out and fixed. (I feel like that's the true reason he [Kazemi] has not been to the United States yet...) As soon as that is done hopefully Ms Plasshart talks to the United Nations saying, 'This is done. It's good. Iraq is doing everything they said they were going to do.' She thinks it's time to reinstate the sovereignty. Al-Kazemi comes over here to the Untied States, meets with Trump. They have a good meeting...Then what we're gonna do is wait for Trump to then introduce to the world Al-Kazemi. In that speech I'm hoping what we'll hear is Trump encouraging international community to once again recognize the sovereignty of Iraq - Therefore removing any type of restrictions on their currency and we see it on the Forex. [post 1 of 2....stay tuned]]
7-23-2020 Intel Guru Frank26 It seems to me the chest of monetary reform is resting against the tape of the Boston Marathon. The monetary reform ran the Boston Marathon and right now it is right there, touching, already ripping, heck it's already ripped and in slow motion it's falling to the ground as the monetary reform crosses the line. That's how close I feel we are to it. Because they have released the date and the rate...you don't do that until the very very last moment...I'm very intrigued by what I'm seeing and how the Iraqi dinar is being used globally on platforms and clearing houses and on Forex how it's moving. It is amazing...we are going to see the announcement of the new exchange rate...
7-22-2020 Intel Guru Bruce [via WiserNow] ...We were expecting this thing to go today – we had several sources that were pointing for this to start...then we got clarification on “why” it wasn’t going to go today...what happened?...Remember we talked about the Swift Financial System...countries and banks have been getting off of that system and going to the new QFS – Quantum Financial System...it turned out that we had 4 countries that were hold outs - slow to make the transition to the QFS...and those countries have all come on board – the Quantum Financial system... Now I’m just saying this is what I’m getting...we’re believing that this is coming to a close – it’s coming to fruition...so we’re feeling very good about this fairly limited but strong information that’s coming in that points toward a conclusion for us here shortly...I am very excited about where we are...
7-22-2020 Intel Guru Footforward [Any word on possible rate change within a few days.] I'm wondering how I should answer that. I'm not looking past July yet. I'm thinking it should be this summer in my opinion.
7-22-2020 Newshound Guru Pimpy ...For those of you that don't know they switched Al-Kazemi's meeting from July to August. It's coming up here very shortly. I think it was supposed to be yesterday but there were some delays and now Kazemi will be over there [Washington D.C.] in August...
7-22-2020 Intel Guru MarkZ [via PDK] We are living in Punxitawney [a town in central Pennsylvania: Groundhog Day celebration]…everybody is still sitting on “go”. I spoke with contacts out in “Treasury West” and they still have great expectations for this week and expect this to be the week for the release. I spoke with Iraqi sources and Asian sources and they are also waiting for a release and expect this to be our week...one thing I got from my Iraqi contacts is they are getting ready to shut their border down this weekend possibly.
7-22-2020 Newshound Guru Adam Montana Iran isn't the only place Iraq and Kazzammie are working. We're also witnessing positive Saudi news. We also have news regarding Iraq's oil exports... and they are NOT complying with the OPEC+ agreement. It was my opinion all along that they would not comply with that agreement... they are nodding "yes", but doing exactly what they want at the same time. Iraq is moving forward, they are strengthening all aspects of their situation... and that is GOOD for us! ...Go Kazzammie, go HCL, go Iraq...GO RRRVVVV!!! [post 2 of 2]
7-22-2020 Newshound Guru Adam Montana OIL - over $40. Good enough! ...OIL is the reason Iraq has this unique opportunity and it's the foundation for their wealth - past, lost, present, and future. If Iraq didn't have the natural resources... The opportunity wouldn't be here. But, they do, and we are here. ...Iraq has successfully migrated from the place where Iran was manipulating them, to their current position of strength with Iran. Iraq is no longer a puppet of Iran. This is one of the best possible scenarios for us! I wouldn't say it was mandatory for a progression of the RV timeline, but it's most certainly a positive thing! [post 1 of 2....stay tuned]
7-22-2020 Intel Guru Frank26 ...the "white papers" contain IMO the date, the rate and it has the numbers for the HCL. Wow. ...'A lot of people know the date and rate now?' Yeah. People that should know...this is the highest intel on planet Earth as far as I'm concerned...these files for the rate and date of the Iraqi dinar no other currency is going through this. No other currency on planet Earth can do what this currency is about to do for many countries around the world...loose lips sinks ships...there is nothing more guarded than the rate and the date...I don't know of anything of more valued than the Iraqi dinar date and rate because of what it's going to do globally. It's a global stimulus - the Iraqi dinar. Every country is prepared for it...
7-22-2020 Intel Guru MarkZ [via PDK] [Some gurus are still saying no 800 numbers.] I have had conversations with someone at a major bank who is planning on being part of this exchange where a group was p together….(not mentioning the name) but they are planning on 800 numbers for exchanges. My contacts believe there is 800 numbers and I firmly believe there will be 800 numbers so I will leave it at that.
7-22-2020 Intel Guru Footforward [Any word on possible rate change within a few days.] I'm wondering how I should answer that. I'm not looking past July yet. I'm thinking it should be this summer in my opinion.
7-22-2020 Newshound Guru Pimpy ...For those of you that don't know they switched Al-Kazemi's meeting from July to August. It's coming up here very shortly. I think it was supposed to be yesterday but there were some delays and now Kazemi will be over there [Washington D.C.] in August...
7-22-2020 Intel Guru MarkZ [via PDK] We are living in Punxitawney [a town in central Pennsylvania: Groundhog Day celebration]…everybody is still sitting on “go”. I spoke with contacts out in “Treasury West” and they still have great expectations for this week and expect this to be the week for the release. I spoke with Iraqi sources and Asian sources and they are also waiting for a release and expect this to be our week...one thing I got from my Iraqi contacts is they are getting ready to shut their border down this weekend possibly.
7-22-2020 Newshound Guru Adam Montana Iran isn't the only place Iraq and Kazzammie are working. We're also witnessing positive Saudi news. We also have news regarding Iraq's oil exports... and they are NOT complying with the OPEC+ agreement. It was my opinion all along that they would not comply with that agreement... they are nodding "yes", but doing exactly what they want at the same time. Iraq is moving forward, they are strengthening all aspects of their situation... and that is GOOD for us! ...Go Kazzammie, go HCL, go Iraq...GO RRRVVVV!!! [post 2 of 2]
7-22-2020 Newshound Guru Adam Montana OIL - over $40. Good enough! ...OIL is the reason Iraq has this unique opportunity and it's the foundation for their wealth - past, lost, present, and future. If Iraq didn't have the natural resources... The opportunity wouldn't be here. But, they do, and we are here. ...Iraq has successfully migrated from the place where Iran was manipulating them, to their current position of strength with Iran. Iraq is no longer a puppet of Iran. This is one of the best possible scenarios for us! I wouldn't say it was mandatory for a progression of the RV timeline, but it's most certainly a positive thing! [post 1 of 2....stay tuned]
7-22-2020 Intel Guru Frank26 ...the "white papers" contain IMO the date, the rate and it has the numbers for the HCL. Wow. ...'A lot of people know the date and rate now?' Yeah. People that should know...this is the highest intel on planet Earth as far as I'm concerned...these files for the rate and date of the Iraqi dinar no other currency is going through this. No other currency on planet Earth can do what this currency is about to do for many countries around the world...loose lips sinks ships...there is nothing more guarded than the rate and the date...I don't know of anything of more valued than the Iraqi dinar date and rate because of what it's going to do globally. It's a global stimulus - the Iraqi dinar. Every country is prepared for it...
7-22-2020 Intel Guru MarkZ [via PDK] [Some gurus are still saying no 800 numbers.] I have had conversations with someone at a major bank who is planning on being part of this exchange where a group was p together….(not mentioning the name) but they are planning on 800 numbers for exchanges. My contacts believe there is 800 numbers and I firmly believe there will be 800 numbers so I will leave it at that.
7-21-2020 Newshound/Intel Guru Mnt Goat This period we have seen many negotiations between Saudi Arabia and Iraq. As a result, they signed investment agreements on energy and sports, the kingdom’s state TV reported on Monday...It was also announced this week that Iran and Iraq are close to reaching an agreement regarding foreign currency exchange between the two countries. This is part of what will get us the revaluation of the Rial and Dinar. They need to put all trading partners on a level playing field in the middle east if there is going to be peace. Hang in a bit longer. Our RV is coming….
7-21-2020 Intel Guru Frank26 ...I've never seen what I've been seeing on the Iraqi stock exchange with their currency. The Iraqi dinar is climbing to new records. I've never seen anything like this before...the 'exchange rate' that's the key to turning over everything. The monetary reform. The economic reforms. Everything...Kazemi is going to announce a new exchange rate. That's the key to be announced to the citizens. It has to work with them...
7-21-2020 Newshound/Intel Guru Petra They were targeting the 15th for him [current CBI governor Allaq to leave]. Obviously there has been a delay or two. IMO it could be that he needs to get money positioned around the world so appropriate things can happen - they can make the rate change...currency has to be moving to change value...
7-21-2020 Intel Guru Frank26 ...Will we see Kazemi on the 24th? ...Is Kazemi going to go to Washington D.C.? I doubt it...Sorry Kazemi get your passports back in. Just hold up. Make an open ticket. Trump will tell you when to come over. He'll know when to tell you to come over when Pompeo turns in his report - You know the "white papers". I believe that date of the 24th has to move...I think we're going to see it very soon...
7-21-2020 Intel Guru Delta ...the Central Bank was saying printing the currency is not for the government spending. ...The central bank is basically telling everybody yes, we did print currencies but that currency we did print, they're not for the government. In my speculation. IMO those are the lower denomination that of course all of us are waiting for...
7-21-2020 Intel Guru Frank26 ...I feel, my goodness, we're right there. Somebody says to me, 'Frank, why have they delayed? What are they waiting for? When are they going to do this?' My answer to them, IMO, is they've already done it - lifted the value. That's why you see all these articles that are international with Iraq, externally with international companies. That's the only way they could have done it. What they need to do now is make this announcement...
7-21-2020 Intel Guru MarkZ [via PDK] ...There has been a lot of positioning…everyone is ready…just have not seen any money movement. My military contacts are squarely looking at the 22nd and 23rd. Banks are looking for it every day. We are stuck in a holding pattern for “something”. Lots of positive chatter out there though.
7-21-2020 Newshound Guru Pimpy Article: "Iraq receives international support to remove its name from the list of high-risk countries" Right here we have one group of people saying they have removed Iraq off a special list blacklisting them and then we have the EU saying they have blacklisted them. Here's the thing, don't be confused by them. All that's really gonna matter is what Trump says... Quote: "..Iraq receives support from some European counties to remove its names from the list of high-risk countries." This is good for them...one group said let's remove them. The other group said, no we're gonna keep them on there. Now we have this...it looks like indeed they're about to be removed. So this is all good news. This is what we're looking for. This is a step in the right direction.
7-21-2020 Intel Guru Frank26 ...I've never seen what I've been seeing on the Iraqi stock exchange with their currency. The Iraqi dinar is climbing to new records. I've never seen anything like this before...the 'exchange rate' that's the key to turning over everything. The monetary reform. The economic reforms. Everything...Kazemi is going to announce a new exchange rate. That's the key to be announced to the citizens. It has to work with them...
7-21-2020 Newshound/Intel Guru Petra They were targeting the 15th for him [current CBI governor Allaq to leave]. Obviously there has been a delay or two. IMO it could be that he needs to get money positioned around the world so appropriate things can happen - they can make the rate change...currency has to be moving to change value...
7-21-2020 Intel Guru Frank26 ...Will we see Kazemi on the 24th? ...Is Kazemi going to go to Washington D.C.? I doubt it...Sorry Kazemi get your passports back in. Just hold up. Make an open ticket. Trump will tell you when to come over. He'll know when to tell you to come over when Pompeo turns in his report - You know the "white papers". I believe that date of the 24th has to move...I think we're going to see it very soon...
7-21-2020 Intel Guru Delta ...the Central Bank was saying printing the currency is not for the government spending. ...The central bank is basically telling everybody yes, we did print currencies but that currency we did print, they're not for the government. In my speculation. IMO those are the lower denomination that of course all of us are waiting for...
7-21-2020 Intel Guru Frank26 ...I feel, my goodness, we're right there. Somebody says to me, 'Frank, why have they delayed? What are they waiting for? When are they going to do this?' My answer to them, IMO, is they've already done it - lifted the value. That's why you see all these articles that are international with Iraq, externally with international companies. That's the only way they could have done it. What they need to do now is make this announcement...
7-21-2020 Intel Guru MarkZ [via PDK] ...There has been a lot of positioning…everyone is ready…just have not seen any money movement. My military contacts are squarely looking at the 22nd and 23rd. Banks are looking for it every day. We are stuck in a holding pattern for “something”. Lots of positive chatter out there though.
7-21-2020 Newshound Guru Pimpy Article: "Iraq receives international support to remove its name from the list of high-risk countries" Right here we have one group of people saying they have removed Iraq off a special list blacklisting them and then we have the EU saying they have blacklisted them. Here's the thing, don't be confused by them. All that's really gonna matter is what Trump says... Quote: "..Iraq receives support from some European counties to remove its names from the list of high-risk countries." This is good for them...one group said let's remove them. The other group said, no we're gonna keep them on there. Now we have this...it looks like indeed they're about to be removed. So this is all good news. This is what we're looking for. This is a step in the right direction.
7-20-2020 Intel Guru MarkZ [How can your bankers be wrong every day of the week?] Because that is what they are being told. They need to be ready and in place for when it does happen….
7-20-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance warns of financing policy through the cash issue" Quotes: "There is a difference between printing the currency and the new monetary issue..."; "monetary issuance is one of the solutions for financing the deficit..." If these guys can be any more confusing than they are now, they will...They tell us the good and the bad. The good is what I focus on... It is the obvious now.. imo...The are talking about the new monetary issues. Different categories (NSCNs), as a solution for financing the deficit, as developed countries do!
7-20-2020 Intel Guru MarkZ Was very quiet this weekend…I’ve gone back and forth with a number of banking contacts. They are hearing there will be a release and funding tomorrow. Many of the redemption centers have been told they will see us this week. That is the chatter and I am hearing it from all over the place. Stories out of Europe about the corruption in the Iraq government…the new government is still cleaning it up. I have heard so much chatter about the 21st, the 22nd and the 23rd. From government sources, from press sources and others all over the place that we are about to see some land-breaking huge stuff over that 2-3 day period...Overall the news is great!!
7-20-2020 Intel Guru Footforward I'm very leery on this "the RV has happened they just haven't told anyone" stuff. Because that's impossible. You either have RV'd or you haven't. If they have, the new rate will be in cbi.iq and on forex. You can't have a secret in country rv. It doesn't work. They can be ready to go and ready to pull the trigger. But once it's pulled, you can't hide it...This can go any day. But until we...can cash out, we don't really have an RV...
7-20-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance warns of financing policy through the cash issue" Quotes: "There is a difference between printing the currency and the new monetary issue..."; "monetary issuance is one of the solutions for financing the deficit..." If these guys can be any more confusing than they are now, they will...They tell us the good and the bad. The good is what I focus on... It is the obvious now.. imo...The are talking about the new monetary issues. Different categories (NSCNs), as a solution for financing the deficit, as developed countries do!
7-20-2020 Intel Guru MarkZ Was very quiet this weekend…I’ve gone back and forth with a number of banking contacts. They are hearing there will be a release and funding tomorrow. Many of the redemption centers have been told they will see us this week. That is the chatter and I am hearing it from all over the place. Stories out of Europe about the corruption in the Iraq government…the new government is still cleaning it up. I have heard so much chatter about the 21st, the 22nd and the 23rd. From government sources, from press sources and others all over the place that we are about to see some land-breaking huge stuff over that 2-3 day period...Overall the news is great!!
7-20-2020 Intel Guru Footforward I'm very leery on this "the RV has happened they just haven't told anyone" stuff. Because that's impossible. You either have RV'd or you haven't. If they have, the new rate will be in cbi.iq and on forex. You can't have a secret in country rv. It doesn't work. They can be ready to go and ready to pull the trigger. But once it's pulled, you can't hide it...This can go any day. But until we...can cash out, we don't really have an RV...
7-19-2020 Intel Guru Delta Article: "Forex Trading in Iraq" (smile) Quotes: "Thanks to international Forex Brokers steadily expanding into Iraq, it’s now possible for Iraqi citizens and travelers to get involved in the forex market." "Our guide will help you learn more about how you can begin trading forex in Iraq, how to open a brokerage account and will introduce you to a few beginner trading strategies." [I would venture to guess that right now it's educating the Iraqi citizens how to trade on Forex, when a new international rate is exposed imo.]
7-19-2020 Newshound Guru Pimpy ...this week here is going to be very interesting. That's what I'm really watching closely. I'm expecting a couple things to happen this week. I want to see Kurdistan and Iraq hammer out this agreement. Get it signed...I want to get a thumbs up from our girl Ms Plasschaert and then we want to see Al-Kazemi get over here to meet with Trump...make that announcement [Iraq sovereignty]. That's what I'm looking forward to. That's what I'm hoping should happen this week coming up. Let's keep our fingers crossed. We'll keep an eye on it and see what happens. Hopefully we'll get some good news really really soon...
7-19-2020 Intel Guru RayRen98 Today Iraq was blacklisted by the European Union due to money laundering and corruption that still exists. This will...can become a big problem for Iraq to gain any international status being on this list. The US saying there's no time set for PM Al- Kadhimi to visit and today Al-Kadhimi is saying it is due to the virus and Trump's schedule.
7-19-2020 Intel Guru Frank26 ...even at 50 cents who's going to complain and cry about that? But the numerous recalculations did not agree with 50 cents. It agreed with being on par with the American dollar 1-to-1. One to one at the onset - at the announcement of their new exchange rate. Later they will float the Iraqi dinar in order to increase its international value. That's where we come in IMO. [Guru] Walkingstick and I feel that this 50 cents information was leaked on purpose but now it is of no value to the true value...
7-19-2020 Newshound Guru Pimpy ...this week here is going to be very interesting. That's what I'm really watching closely. I'm expecting a couple things to happen this week. I want to see Kurdistan and Iraq hammer out this agreement. Get it signed...I want to get a thumbs up from our girl Ms Plasschaert and then we want to see Al-Kazemi get over here to meet with Trump...make that announcement [Iraq sovereignty]. That's what I'm looking forward to. That's what I'm hoping should happen this week coming up. Let's keep our fingers crossed. We'll keep an eye on it and see what happens. Hopefully we'll get some good news really really soon...
7-19-2020 Intel Guru RayRen98 Today Iraq was blacklisted by the European Union due to money laundering and corruption that still exists. This will...can become a big problem for Iraq to gain any international status being on this list. The US saying there's no time set for PM Al- Kadhimi to visit and today Al-Kadhimi is saying it is due to the virus and Trump's schedule.
7-19-2020 Intel Guru Frank26 ...even at 50 cents who's going to complain and cry about that? But the numerous recalculations did not agree with 50 cents. It agreed with being on par with the American dollar 1-to-1. One to one at the onset - at the announcement of their new exchange rate. Later they will float the Iraqi dinar in order to increase its international value. That's where we come in IMO. [Guru] Walkingstick and I feel that this 50 cents information was leaked on purpose but now it is of no value to the true value...
7-18-2020 Intel Guru Footforward I disagree with Frank [Guru Frank26]. But I have a really good reason for that and hardly anyone knows why. And I can't say why. But in my opinion it MUST be over 3.50 usd to start.
7-18-2020 Intel Guru Frank26 ...Iraq can now use their own currency to buy, sell and trade with their currency internationally - globally on all continents. What's missing? The announcement that they raised the value of their currency... right now we are so close IMO...the new rate will be announced on the date that the white papers have agreed upon.
7-18-2020 Newshound Guru Pimpy I don't know about you but every day I'm looking at the news I'm just excited. I'm waiting to hear when Al-Kazemi is coming over here. I don't know if they set an official date. I think the official date is for the 22nd, 23rd. Either way I think it's next week. Like I said it seems to me like they're lining up all their ducks. A lot is getting accomplished before Al-Kazemi comes here. Our big hope is that they go ahead and reinstate the sovereignty of Iraq. But more importantly removes the restrictions off their currency...it looks like everything is lined up the way we want it to. This is good news. I'm excited about this. It seems like we are very close to achieving our goals...hopefully with the rate that all of us would be very very happy with...
7-18-2020 Intel Guru Frank26 ...dream three I believe it will be taking place before this coming Tuesday. The contents of the meeting - Will you hear about it on Tuesday or Wednesday or Thursday? I don't know. I've got a very very good feeling that you're not even going to know this meeting is going on...I got a very very very strong feeling you're not going to know anything about Pompeo...this meeting is going to happen according to my dream and the contents just like the other meetings may come out that day...or it may trickle out. But I don't think it's going to take too long...will they make the announcement of the new exchange rate tomorrow, Saturday, Sunday, Monday? The days don't matter because you're never going to know about this meeting...until they decide to tell you.
7-18-2020 Intel Guru Footforward Something happened a few days ago that I believe is being over looked. The Iraqi PM sent in the military to take control of the ports. This was done for security and to root out corruption. I think this is very telling.
7-18-2020 Intel Guru Frank26 ...Iraq can now use their own currency to buy, sell and trade with their currency internationally - globally on all continents. What's missing? The announcement that they raised the value of their currency... right now we are so close IMO...the new rate will be announced on the date that the white papers have agreed upon.
7-18-2020 Newshound Guru Pimpy I don't know about you but every day I'm looking at the news I'm just excited. I'm waiting to hear when Al-Kazemi is coming over here. I don't know if they set an official date. I think the official date is for the 22nd, 23rd. Either way I think it's next week. Like I said it seems to me like they're lining up all their ducks. A lot is getting accomplished before Al-Kazemi comes here. Our big hope is that they go ahead and reinstate the sovereignty of Iraq. But more importantly removes the restrictions off their currency...it looks like everything is lined up the way we want it to. This is good news. I'm excited about this. It seems like we are very close to achieving our goals...hopefully with the rate that all of us would be very very happy with...
7-18-2020 Intel Guru Frank26 ...dream three I believe it will be taking place before this coming Tuesday. The contents of the meeting - Will you hear about it on Tuesday or Wednesday or Thursday? I don't know. I've got a very very good feeling that you're not even going to know this meeting is going on...I got a very very very strong feeling you're not going to know anything about Pompeo...this meeting is going to happen according to my dream and the contents just like the other meetings may come out that day...or it may trickle out. But I don't think it's going to take too long...will they make the announcement of the new exchange rate tomorrow, Saturday, Sunday, Monday? The days don't matter because you're never going to know about this meeting...until they decide to tell you.
7-18-2020 Intel Guru Footforward Something happened a few days ago that I believe is being over looked. The Iraqi PM sent in the military to take control of the ports. This was done for security and to root out corruption. I think this is very telling.
7-17-2020 Newshound Guru Pimpy Article: "Forex Trading In Iraq" ...didn't I tell you we need this to start happening. You want to get a rate change? They have to be on the foreign currency exchange... Quote: "Our guide will help you learn more about how you can begin trading Forex in Iraq." Are they just talking about other people's currency or are they talking about the dinar? Quote: "...brokers often allow you to convert your dinars into reserve currencies like the USD or the Euro to use as a base currency from a dinar based account..." ...if they are teaching them [Iraqi citizens] how to trade on the Forex it's just a matter of time before the Iraqi dinar is there. This is good news...it's not going to be much longer until we see the Iraqi dinar on the Forex. That's what we're waiting for...
7-17-2020 Newshound/Intel Guru Mnt Goat Article: "FOREX TRADING IN IRAQ" Quote: "Thanks to international forex brokers steadily expanding into Iraq, IT’S NOW POSSIBLE FOR IRAQI CITIZENS AND TRAVELERS TO GET INVOLVED IN THE FOREX MARKET." So why would they be teaching Iraq about how to trade on FOREX when their own currency is not even on FOREX? Is something coming that they have not yet told them? Or have they told them only we don’t know about it? Folks this is yet another WOW article!
7-17-2020 Newshound Guru Pimpy ...the news just keeps getting better and better...Ms Blashart is the Iraqi representative for the United Nations...Ms Blashart needs to give the thumbs up and encourage international communities to once again recognize the sovereignty of Iraq. That's what we want...We want Trump to introduce him [PM Al-Kazemi] to the world and say the same thing. That he's glad to introduce him and that it's time for the international community to once again embrace Iraq and their sovereignty. We need them to turn around and remove the restrictions on their currency so that it can finally trade on the Forex. These are the big steps that we need to achieve our goal...we're just about there.
7-17-2020 Intel Guru Footforward It's my opinion the rate won't be 50 cents. People have been asking me about this a lot today. Kuwait lied about their intention to RV. They flat out said they would never revalue and the next day they did so. Media lies. Why would the Iraqi media be any different? All I can say to that is that it's my opinion that it's impossible for the rate to start out below 3.50.
7-17-2020 Intel Guru MarkZ Have not seen any changes yet. I have a diplomat contact in Iraq who is very much expecting this weekend will be big with a possible new dinar value tomorrow - but most likely before Sunday Night. I am really hoping this is accurate...lots of good chatter for this weekend.
7-17-2020 Newshound Guru Jeff everything is moving towards completing right before your eyes. Yes, it does require some time but it is also moving towards completion. Since the current PM Al-Kazemi came into position everything that we've needed to see is now moving forward. Which is good...I can't stress this anymore. Iraq must have stability before the rate can change. They have to have stability. There's no way around it.
7-17-2020 Newshound Guru Pimpy I know you guys have been told that there are these 800#s you need to call. There's no 800#s you need to call...I actually called one of these 800#s that was posted one time and it literally was to a pizza place. I was like what the hell is this about? What are these 800#s?...I went into my bank. I bank at Wells Fargo. I called the manger over and we had a talk. The first thing that come out of his mouth was he said, "I must inform you we don't buy or sell Iraqi dinar...but if it gets reinstated and it's recognized and all the restrictions are taken off again here's all you got to do. Come into the bank. Get my attention...tell me you want to go ahead and exchange the dinar. We'll take a look at it, make sure the bills are real...then I'll tell you what the current rate of exchange is. We charge you a small fee...and you can just deposit it in your bank depending on how much it is..." These 800#s I'd be very very weary of. I'm just warning you out there. Be careful...
7-17-2020 Intel Guru MarkZ [via PDK] [Have Canadians exchanged?] No…I have spoken to banking execs in 2 large Canadian banks… they assured me that nobody in Canada has received yet…maybe a bank jumped the gun ad let out some dollars…but no one really exchanged because there is no new value and no reset as of yet.
7-17-2020 Newshound/Intel Guru Mnt Goat Article: "FOREX TRADING IN IRAQ" Quote: "Thanks to international forex brokers steadily expanding into Iraq, IT’S NOW POSSIBLE FOR IRAQI CITIZENS AND TRAVELERS TO GET INVOLVED IN THE FOREX MARKET." So why would they be teaching Iraq about how to trade on FOREX when their own currency is not even on FOREX? Is something coming that they have not yet told them? Or have they told them only we don’t know about it? Folks this is yet another WOW article!
7-17-2020 Newshound Guru Pimpy ...the news just keeps getting better and better...Ms Blashart is the Iraqi representative for the United Nations...Ms Blashart needs to give the thumbs up and encourage international communities to once again recognize the sovereignty of Iraq. That's what we want...We want Trump to introduce him [PM Al-Kazemi] to the world and say the same thing. That he's glad to introduce him and that it's time for the international community to once again embrace Iraq and their sovereignty. We need them to turn around and remove the restrictions on their currency so that it can finally trade on the Forex. These are the big steps that we need to achieve our goal...we're just about there.
7-17-2020 Intel Guru Footforward It's my opinion the rate won't be 50 cents. People have been asking me about this a lot today. Kuwait lied about their intention to RV. They flat out said they would never revalue and the next day they did so. Media lies. Why would the Iraqi media be any different? All I can say to that is that it's my opinion that it's impossible for the rate to start out below 3.50.
7-17-2020 Intel Guru MarkZ Have not seen any changes yet. I have a diplomat contact in Iraq who is very much expecting this weekend will be big with a possible new dinar value tomorrow - but most likely before Sunday Night. I am really hoping this is accurate...lots of good chatter for this weekend.
7-17-2020 Newshound Guru Jeff everything is moving towards completing right before your eyes. Yes, it does require some time but it is also moving towards completion. Since the current PM Al-Kazemi came into position everything that we've needed to see is now moving forward. Which is good...I can't stress this anymore. Iraq must have stability before the rate can change. They have to have stability. There's no way around it.
7-17-2020 Newshound Guru Pimpy I know you guys have been told that there are these 800#s you need to call. There's no 800#s you need to call...I actually called one of these 800#s that was posted one time and it literally was to a pizza place. I was like what the hell is this about? What are these 800#s?...I went into my bank. I bank at Wells Fargo. I called the manger over and we had a talk. The first thing that come out of his mouth was he said, "I must inform you we don't buy or sell Iraqi dinar...but if it gets reinstated and it's recognized and all the restrictions are taken off again here's all you got to do. Come into the bank. Get my attention...tell me you want to go ahead and exchange the dinar. We'll take a look at it, make sure the bills are real...then I'll tell you what the current rate of exchange is. We charge you a small fee...and you can just deposit it in your bank depending on how much it is..." These 800#s I'd be very very weary of. I'm just warning you out there. Be careful...
7-17-2020 Intel Guru MarkZ [via PDK] [Have Canadians exchanged?] No…I have spoken to banking execs in 2 large Canadian banks… they assured me that nobody in Canada has received yet…maybe a bank jumped the gun ad let out some dollars…but no one really exchanged because there is no new value and no reset as of yet.
7-16-2020 Newshound/Intel Guru Mnt Goat So here we are mid-July already and still no RV. However, I am seeing there are prospects and potential that maybe early to mid-August a window is opening up. There is a real possibly to see some real news of the “project do delete the zeros” again in the news media and it will come out shortly. ...Rumors are floating around that they are now discussing this revaluation process and want to start it. Parliament wants about 1 dinar to .50 cents and so they argue. Remember parliament does not make financial policy and so the CBI will determine and will make recommendations (and have the final say). I do not think it will come out with anything that low and it will be around 1.00 (plus or minus .20 cents). Yes, they will have to sell the new rate to parliament and may even ask for a vote. But this is all now surfaced and underway. ...They are now deciding what to do and when to do it. This is all fantastic news! WOW!
7-16-2020 Intel Guru RayRen98 EVERYONE IS EXCITED AND "STILL" ON ALERT...I BELIEVE...THAT "IN THE COMING DAYS" ARE DEFINITELY COMING! $$$... SOME BANKERS ARE VERY, VERY EXCITED ABOUT THE END OF "THIS" WEEK...TIME WILL TELL!!
7-16-2020 Intel Guru Bruce [via WiserNow] ...exchange of the foreign currency...will create for you in a tax free event that creates money in the form of the exchange so that is NOT taxable... [Check with your tax consultant at the appropriate time.]
7-16-2020 Intel Guru MarkZ [via PDK] No movement or exchanging overnight…On the banking side they believe that yesterday was a very close call. And we will see things start today. We are very close to seeing the end of it…We can see it unfolding right in front of our eyes.
7-16-2020 Newshound Guru Pimpy Having said that, I don't want people going, "Pimpy said this is what it's gonna be." No. I'm not saying that. This article is brought to my attention...don't stress over this. This is just a suggestion. We've seen articles like this all over...there's a part of me that thinks that might be fine that they start off there but don't be surprised if it starts going up after that. Maybe not right away. Maybe they'll keep you guys fooled for about a month. 4 months. 6 months. Just to see how many of you guys start bringing in all your dinars. Then you start to see a movement on the IQD and it starts going up. This is just a roadmap. No I'm not saying that's what's it's going to be. What I'm saying is according to this article that's about where they figure this out. Lower the value and then remove the 3 zeros off the rate and then move it into somewhere around 56 cents for every 1 dinar... [Post 3 of 3]
7-16-2020 Newshound Guru Pimpy Why are people complaining about this? You've invested very little into a currency and they're willing to give you 50 cents for every one dinar? ...this is a suggestion. They're saying this is a roadmap and they're explaining why they want to do this...You will probably never get another type of return like that on any investment ever again. People say, "Does that make you mad?" No. I would be happy with that...I would still be very well-to-do. Sure who doesn't want more. Who didn't want the $3.22 rate. I would love that. I would have been happy with the $1.13 rate or the $1.34 rate...Let me ask you guys a question...if you knew for sure you were gonna get back 56 cents for every Iraqi dinar and you knew you weren't gonna get it until next July - Are you pissed off? Are you mad? Are you unhappy with that type of return on your money? I mean seriously, are you? Because people are complaining about it... [Post 2 of 3....stay tuned]
7-16-2020 Newshound Guru Pimpy ...an article came out by an economist... making a suggestion...about the dinar rate and the deletion of zeros... Article: "A deputy presents a roadmap to solve the financial crisis in Iraq" ...He is making a roadmap to where they think they need to be in order to get them where they need to be as a country...we know for every 1 USD you get 1190 Iraqi dinars... Quote : " Exchange rate - begin to gradually reduce the Iraq dinar price to reach 1500 dinars against the dollar until the end of the year 2020..." So if they increase the amount of dinars we get for every 1 dollar, that's obviously bad for us. That means they're lowering the value of the dinar. The smaller this number gets, the better it is for us. So they're saying they wanna increase the rate to 1500 dinars against the dollar until the end of the year 2020 and then review the economical situation...this is a suggestion. It isn't written in stone...they are talking about a rate possibly (again this is just a suggestion) by next July of 56 cents. [Post 1 of 3....stay tuned]
7-16-2020 Newshound Guru MilitiaMan Article: "Private sector and building the national economy" Quote: "The call to encourage the private sector is one of the first policies required to be adopted to contribute to building the national economy, because of the need for local capital and not to rely entirely on oil imports," They clearly are telling us they are going to a market economy... They have to enforce the need for the local economy to support the endeavor of changing the value of the IQD. Nothing new, but, now that it will be fresh it is reinforcement of the plan...They need the investors to be on board and that comes with sound banking...imo!
7-16-2020 Intel Guru RayRen98 EVERYONE IS EXCITED AND "STILL" ON ALERT...I BELIEVE...THAT "IN THE COMING DAYS" ARE DEFINITELY COMING! $$$... SOME BANKERS ARE VERY, VERY EXCITED ABOUT THE END OF "THIS" WEEK...TIME WILL TELL!!
7-16-2020 Intel Guru Bruce [via WiserNow] ...exchange of the foreign currency...will create for you in a tax free event that creates money in the form of the exchange so that is NOT taxable... [Check with your tax consultant at the appropriate time.]
7-16-2020 Intel Guru MarkZ [via PDK] No movement or exchanging overnight…On the banking side they believe that yesterday was a very close call. And we will see things start today. We are very close to seeing the end of it…We can see it unfolding right in front of our eyes.
7-16-2020 Newshound Guru Pimpy Having said that, I don't want people going, "Pimpy said this is what it's gonna be." No. I'm not saying that. This article is brought to my attention...don't stress over this. This is just a suggestion. We've seen articles like this all over...there's a part of me that thinks that might be fine that they start off there but don't be surprised if it starts going up after that. Maybe not right away. Maybe they'll keep you guys fooled for about a month. 4 months. 6 months. Just to see how many of you guys start bringing in all your dinars. Then you start to see a movement on the IQD and it starts going up. This is just a roadmap. No I'm not saying that's what's it's going to be. What I'm saying is according to this article that's about where they figure this out. Lower the value and then remove the 3 zeros off the rate and then move it into somewhere around 56 cents for every 1 dinar... [Post 3 of 3]
7-16-2020 Newshound Guru Pimpy Why are people complaining about this? You've invested very little into a currency and they're willing to give you 50 cents for every one dinar? ...this is a suggestion. They're saying this is a roadmap and they're explaining why they want to do this...You will probably never get another type of return like that on any investment ever again. People say, "Does that make you mad?" No. I would be happy with that...I would still be very well-to-do. Sure who doesn't want more. Who didn't want the $3.22 rate. I would love that. I would have been happy with the $1.13 rate or the $1.34 rate...Let me ask you guys a question...if you knew for sure you were gonna get back 56 cents for every Iraqi dinar and you knew you weren't gonna get it until next July - Are you pissed off? Are you mad? Are you unhappy with that type of return on your money? I mean seriously, are you? Because people are complaining about it... [Post 2 of 3....stay tuned]
7-16-2020 Newshound Guru Pimpy ...an article came out by an economist... making a suggestion...about the dinar rate and the deletion of zeros... Article: "A deputy presents a roadmap to solve the financial crisis in Iraq" ...He is making a roadmap to where they think they need to be in order to get them where they need to be as a country...we know for every 1 USD you get 1190 Iraqi dinars... Quote : " Exchange rate - begin to gradually reduce the Iraq dinar price to reach 1500 dinars against the dollar until the end of the year 2020..." So if they increase the amount of dinars we get for every 1 dollar, that's obviously bad for us. That means they're lowering the value of the dinar. The smaller this number gets, the better it is for us. So they're saying they wanna increase the rate to 1500 dinars against the dollar until the end of the year 2020 and then review the economical situation...this is a suggestion. It isn't written in stone...they are talking about a rate possibly (again this is just a suggestion) by next July of 56 cents. [Post 1 of 3....stay tuned]
7-16-2020 Newshound Guru MilitiaMan Article: "Private sector and building the national economy" Quote: "The call to encourage the private sector is one of the first policies required to be adopted to contribute to building the national economy, because of the need for local capital and not to rely entirely on oil imports," They clearly are telling us they are going to a market economy... They have to enforce the need for the local economy to support the endeavor of changing the value of the IQD. Nothing new, but, now that it will be fresh it is reinforcement of the plan...They need the investors to be on board and that comes with sound banking...imo!
7-15-2020 Newshound Guru Adam Montana We are seeing the most positive HCL news that we have seen in... well, ever... Go HCL. Go Iraq. GO RV!!!
7-15-2020 Intel Guru Bruce [via WiserNow] ...we did have a delay...and this was caused by a particular banker that tried to get in/gain the system between the point of our new deposits going in and the time they were fully protected under the Quantum Financial System – QFS... Now – we are where we are – we know this thing has been a moving target since the beginning... we know they don’t want us to know when it’s going to go – even though I had really strong information for it rolling out today [Tuesday] – because of this delay – because of this one banker and the whole plan he had put together...we got delayed and it wasn’t going to happen today for us – tomorrow [Wednesday] is looking good so.. we’ll see how that shakes out...
7-15-2020 Intel Guru Delta 2 DINAR PER $ ...THE PLAN IS...STATEMENT FROM PARLIAMENT...MORE INFORMATION SHOULD BE COMING OUT... [...are you saying the plan is for the Dinar to come out at .50 cents? 2 Dinars equals $1.00 USD.] YES THEY ARE SAYING THAT PARLIAMENT ON TV...WE SHOULD GET MORE INFORMATION...
7-15-2020 Intel Guru MarkZ [via PDK] There has not been a change in value yet anywhere… I cannot find anyone who has received money as of yet and no money movement as of yesterday. . They are still on call …they are still sitting at the edge of their seats waiting. Guess we are still in a holding pattern. [Will we see the new dinar rate this week?] Iraq is not sovereign just yet. I do think they are definitely close though. Perhaps days…I am very confident we will see it this month.
7-15-2020 Newshound/Intel Guru Mnt Goat ...we definitely know they know about...corruption but the only way out of is to lift the sanctions and reinstate their currency so they can legally use it for trade. When will they finally do this? They can only do it when the World Bank, IMF and the US Treasury says its okay to do it. I think that past August they run out of alternatives for sure. Can they really afford to even do that long? ...I had a recent talk with my CBI contact in Iraq and I am being told they fully plan to rollout the “project to delete the zeros” very soon, but not in July. So we can expect to see articles on this subject matter within the next weeks. ...In these articles, like in previous times, they will give us a time period that will give us a closer look at when to expect a revaluation as a result.
7-15-2020 Newshound Guru Pimpy ...Every day it looks like we're closer and closer. Not only that there's a move right now by the UN to reestablish the sovereignty of Iraq. I told you they were gonna do that didn't I say this was gonna be their goal. That's what we're hoping for...
7-15-2020 Newshound Guru Jeff Article: "Al-Kadhimi: We have a plan to reform the financial and administrative system to free itself from oil slavery" Prior to June they were just coming out telling you they really needed to do things to improve their economy, attract and promote investment, that kind of thing...started in July they dialed in a little deeper on all that...They came out with the "white paper" - remember the white paper is the roadmap for the whole rate change and the whole economy structure. It's how they want their economy going forward but it also has everything in it for the rate change as well...it's very important to watch and observe what they do and what they tell us right now...
7-15-2020 Newshound/Intel Guru Petra Article: "An economist warns against Iraq facing the fate and financial crisis of Lebanon" Quote: "the price of the dinar, if it falls, the value of salaries decreases very significantly, although the number remains the same." Here we are again with another commentary on decreasing value of the dinar. That is off the table as a solution and the CBI knows it. We all know that lowering the dinar value reduces the PP [Purchasing Power ?] of all Iraqi's and that is "not" the direction they are going as evidence in the actions being taken with the "White Paper!!" ...So, relax, the plan is afoot and great things are coming. Posts like this to me are educating the citizenry why they will "not" devalue their currency as the plan is to provide even greater PP then they have ever seen! To me, this is a friendly reminder of why they are focused on a better future!!! All IMO...
7-15-2020 Intel Guru Bruce [via WiserNow] ...we did have a delay...and this was caused by a particular banker that tried to get in/gain the system between the point of our new deposits going in and the time they were fully protected under the Quantum Financial System – QFS... Now – we are where we are – we know this thing has been a moving target since the beginning... we know they don’t want us to know when it’s going to go – even though I had really strong information for it rolling out today [Tuesday] – because of this delay – because of this one banker and the whole plan he had put together...we got delayed and it wasn’t going to happen today for us – tomorrow [Wednesday] is looking good so.. we’ll see how that shakes out...
7-15-2020 Intel Guru Delta 2 DINAR PER $ ...THE PLAN IS...STATEMENT FROM PARLIAMENT...MORE INFORMATION SHOULD BE COMING OUT... [...are you saying the plan is for the Dinar to come out at .50 cents? 2 Dinars equals $1.00 USD.] YES THEY ARE SAYING THAT PARLIAMENT ON TV...WE SHOULD GET MORE INFORMATION...
7-15-2020 Intel Guru MarkZ [via PDK] There has not been a change in value yet anywhere… I cannot find anyone who has received money as of yet and no money movement as of yesterday. . They are still on call …they are still sitting at the edge of their seats waiting. Guess we are still in a holding pattern. [Will we see the new dinar rate this week?] Iraq is not sovereign just yet. I do think they are definitely close though. Perhaps days…I am very confident we will see it this month.
7-15-2020 Newshound/Intel Guru Mnt Goat ...we definitely know they know about...corruption but the only way out of is to lift the sanctions and reinstate their currency so they can legally use it for trade. When will they finally do this? They can only do it when the World Bank, IMF and the US Treasury says its okay to do it. I think that past August they run out of alternatives for sure. Can they really afford to even do that long? ...I had a recent talk with my CBI contact in Iraq and I am being told they fully plan to rollout the “project to delete the zeros” very soon, but not in July. So we can expect to see articles on this subject matter within the next weeks. ...In these articles, like in previous times, they will give us a time period that will give us a closer look at when to expect a revaluation as a result.
7-15-2020 Newshound Guru Pimpy ...Every day it looks like we're closer and closer. Not only that there's a move right now by the UN to reestablish the sovereignty of Iraq. I told you they were gonna do that didn't I say this was gonna be their goal. That's what we're hoping for...
7-15-2020 Newshound Guru Jeff Article: "Al-Kadhimi: We have a plan to reform the financial and administrative system to free itself from oil slavery" Prior to June they were just coming out telling you they really needed to do things to improve their economy, attract and promote investment, that kind of thing...started in July they dialed in a little deeper on all that...They came out with the "white paper" - remember the white paper is the roadmap for the whole rate change and the whole economy structure. It's how they want their economy going forward but it also has everything in it for the rate change as well...it's very important to watch and observe what they do and what they tell us right now...
7-15-2020 Newshound/Intel Guru Petra Article: "An economist warns against Iraq facing the fate and financial crisis of Lebanon" Quote: "the price of the dinar, if it falls, the value of salaries decreases very significantly, although the number remains the same." Here we are again with another commentary on decreasing value of the dinar. That is off the table as a solution and the CBI knows it. We all know that lowering the dinar value reduces the PP [Purchasing Power ?] of all Iraqi's and that is "not" the direction they are going as evidence in the actions being taken with the "White Paper!!" ...So, relax, the plan is afoot and great things are coming. Posts like this to me are educating the citizenry why they will "not" devalue their currency as the plan is to provide even greater PP then they have ever seen! To me, this is a friendly reminder of why they are focused on a better future!!! All IMO...
7-14-2020 Intel Guru MarkZ [via PDK] Leaders of Iraq Vietnam and Zimbabwe are here in America to talk to Trump. As I understand it Iraq arrived in DC yesterday with some high-level meetings starting today. Would it make sense for some announcements of a change in the Iraqi currency since they are here? They will not only be in DC but also in New York…which is home to the UN. I am looking for this to be an absolutely huge week of news and movement.
7-14-2020 Intel Guru Frank26 Article: "He revealed the files of Al Kazemi's upcoming visit to Washington". Why in the world is the Prime Minister of Iraq going to Washington DC? To play tiddlywinks? Just a friendly little chat and visit? ...the relationship between the United States and Iraq has become very strategic. A dialogue has been established. Why? Because they met the benchmarks.
7-14-2020 Newshound/Intel Guru Petra ...there is a lot happening behind the scenes that we can't comment on. I know there are things I know that I can't comment on that are occurring from a global perspective because of what I do. I want to encourage you that this train is coming in. It has too. There are too many things that are going on extraneously outside of just the Iraqi dinar that is making this happen. The fact that you are in this now is a gift from God. I would implore you to ask him for guidance and direction as to what you do with this money. Be discerning. There are a lot of wolves out there. I would hate you guys to study and listen and lose it because you didn't think through it...we're seeing the fine print begin tapped out because this contract is ready to be done...the progress being made is phenomenal. It's exciting. Yes there are hiccups...but they're getting there. They're getting it done...there isn't much left to do...we're at a point now where they have to make their move and it's going to be soon...
7-14-2020 Intel Guru MarkZ [via PDK] The first appointment that I know of where people could receive dollars is supposed to be today…so could it happen today? Possibly, but no one knows for sure. There is very positive things from Iraq with the expectation of a new rate Wednesday or Saturday. Chatter out of Zurich, Hong Kong and Dubai…also Miami and Richmond which have been suddenly tapped to help handle exchange stuff. They are all talking about appointments with liquidity and moving forward. Nobody knows the date…but everybody thinks it’s close...I am excited about the news that they are positioned for exchanges...
7-14-2020 Intel Guru Frank26 Article "The Central Bank Participates In the Bani Platform". This is extremely important for you to pay close attention to. This is also dealing with the IBBC...they're saying that the Central Bank is participating now in different platforms...If you look up that word platform when it comes to banking it stands for international communication between banks...why in the world would a program rate that is sanctioned on the United Nations Security Council need platforms with banks from Iraq to have a platform communication with banks outside of Iraq? It's a program rate for crying out loud. They're not Article VIII for crying out loud. They're not international but when you see these types of footsteps...follow these tracks follow the money you'll understand what's going on...This is the evidence of things not seen yet.
7-14-2020 Newshound/Intel Guru Petra ...I've been consuming a lot of popcorn. It's because there's so much going on it's kind of like a movie...I'm really focusing on the CBI. I'm looking at what Parliament is doing...I'm looking at many areas of not only Iraq but globally what's happening macro economically with the price of oil with this pandemic that we're dealing with. The impact that's having on everywhere is really quite amazing. What's a particular interest to me this week has been the activities of all these outside sources that are getting engaged with Iraq...we're in a place right now that's very quite quite exciting IMO. It's exciting to watch. It truly is a play in progress. We're getting to that final end game...
7-14-2020 Newshound Guru Pimpy I want to make something perfectly clear because people are conflating something I'm saying. When I say recognize the sovereignty, that's a major step towards them getting the reinstatement or revaluing of their currency. Their currency must be recognized internationally again and that won't happen until they get their sovereignty again and the restriction on their currencies are removed. Somebody's telling me 'There is no restrictions.' Yeah there is. There's big restriction on the currency. That's what we're anticipating. An announcement by Trump that he will recognize and encourage the world to recognize the sovereignty. It would be a huge step and then we want an announcement about the same time or shortly after that the restriction on Iraq's dinar have been removed and we can start seeing it trade once again on the Forex. That's what we want to see...I'm expecting these next two weeks to be really big...
7-14-2020 Intel Guru Frank26 Article: "He revealed the files of Al Kazemi's upcoming visit to Washington". Why in the world is the Prime Minister of Iraq going to Washington DC? To play tiddlywinks? Just a friendly little chat and visit? ...the relationship between the United States and Iraq has become very strategic. A dialogue has been established. Why? Because they met the benchmarks.
7-14-2020 Newshound/Intel Guru Petra ...there is a lot happening behind the scenes that we can't comment on. I know there are things I know that I can't comment on that are occurring from a global perspective because of what I do. I want to encourage you that this train is coming in. It has too. There are too many things that are going on extraneously outside of just the Iraqi dinar that is making this happen. The fact that you are in this now is a gift from God. I would implore you to ask him for guidance and direction as to what you do with this money. Be discerning. There are a lot of wolves out there. I would hate you guys to study and listen and lose it because you didn't think through it...we're seeing the fine print begin tapped out because this contract is ready to be done...the progress being made is phenomenal. It's exciting. Yes there are hiccups...but they're getting there. They're getting it done...there isn't much left to do...we're at a point now where they have to make their move and it's going to be soon...
7-14-2020 Intel Guru MarkZ [via PDK] The first appointment that I know of where people could receive dollars is supposed to be today…so could it happen today? Possibly, but no one knows for sure. There is very positive things from Iraq with the expectation of a new rate Wednesday or Saturday. Chatter out of Zurich, Hong Kong and Dubai…also Miami and Richmond which have been suddenly tapped to help handle exchange stuff. They are all talking about appointments with liquidity and moving forward. Nobody knows the date…but everybody thinks it’s close...I am excited about the news that they are positioned for exchanges...
7-14-2020 Intel Guru Frank26 Article "The Central Bank Participates In the Bani Platform". This is extremely important for you to pay close attention to. This is also dealing with the IBBC...they're saying that the Central Bank is participating now in different platforms...If you look up that word platform when it comes to banking it stands for international communication between banks...why in the world would a program rate that is sanctioned on the United Nations Security Council need platforms with banks from Iraq to have a platform communication with banks outside of Iraq? It's a program rate for crying out loud. They're not Article VIII for crying out loud. They're not international but when you see these types of footsteps...follow these tracks follow the money you'll understand what's going on...This is the evidence of things not seen yet.
7-14-2020 Newshound/Intel Guru Petra ...I've been consuming a lot of popcorn. It's because there's so much going on it's kind of like a movie...I'm really focusing on the CBI. I'm looking at what Parliament is doing...I'm looking at many areas of not only Iraq but globally what's happening macro economically with the price of oil with this pandemic that we're dealing with. The impact that's having on everywhere is really quite amazing. What's a particular interest to me this week has been the activities of all these outside sources that are getting engaged with Iraq...we're in a place right now that's very quite quite exciting IMO. It's exciting to watch. It truly is a play in progress. We're getting to that final end game...
7-14-2020 Newshound Guru Pimpy I want to make something perfectly clear because people are conflating something I'm saying. When I say recognize the sovereignty, that's a major step towards them getting the reinstatement or revaluing of their currency. Their currency must be recognized internationally again and that won't happen until they get their sovereignty again and the restriction on their currencies are removed. Somebody's telling me 'There is no restrictions.' Yeah there is. There's big restriction on the currency. That's what we're anticipating. An announcement by Trump that he will recognize and encourage the world to recognize the sovereignty. It would be a huge step and then we want an announcement about the same time or shortly after that the restriction on Iraq's dinar have been removed and we can start seeing it trade once again on the Forex. That's what we want to see...I'm expecting these next two weeks to be really big...
7-13-2020 Newshound Guru Adam Montana When the Iraqi Dinar is ReValued to a higher rate, it will become more desirable to do business in Iraq. Many people will be less hesitant to sign contracts and invest in Iraq. The current Iraqi Stock Exchange (ISX) should see some major movement… and the CBI (Central Bank of Iraq) is going to make tons of money on the exchanges! I believe that Iraq can sustain a very stable currency at a rate of $3 or higher, but I don’t think they will immediately jump to that rate even if they ultimately desire it to be so... [post 2 of 2]
7-13-2020 Newshound Guru Adam Montana ...The most important concept to understand today is this: The CBI makes money on every auction, and they will continue to do so forever. When the Dinar changes value, the CBI buys it at a lower rate, and then sells it at a higher rate. The CBI will ALWAYS choose the path that makes them the most money. I agree that a lower rate than Kuwait will be a blow to the ego’s of the Iraqis. I agree that it should be on par with the USD, or even higher. I agree that the rate WILL get there… eventually. [post 1 of 2....stay tuned]
7-13-2020 Newshound Guru Pimpy I would love to see Dr. Shabibi come back. It's been a rumor. He's really really super old and I think people that were giving him a lot of hell are no longer really there so it's a possibility. I'm definitely curious about what if he does come back. It'd be a huge positive step. I think this man knows what the heck he's doing and I would like to see him get back in control of the Iraqi bank...
7-13-2020 Newshound Guru Jeff ...the last few months I've been putting a huge emphasis on saying Iraq has to have stability before the rate can change. They're telling you that. If you look at the amount of articles coming out between Erbil which is Kurdistan and Baghdad there's a lot...this is very serious...Iraq has to have stability, meaning they have to be able to work together before that rate can change, before they can go international...they just need a little more time. They're using the word "complete" which means ending or completion, towards a comprehensive agreement. So they're suggesting to us that they're close to having an agreement reached...
7-13-2020 Newshound Guru Pimpy ...the articles that I'm seeing are showing me that there's a lot of preparation getting done before Al-Kazemi's visit over here into the United States...we see the World Bank is there...they're most likely going to be the people that pull the trigger on a rate change...but we need to get the green light from...the United Nation once again recognizing the sovereignty of Iraqi people and the restrictions moved off their money. We will be eyeballing that. But first we have to get their sovereignty reinstated. That's what we're waiting for...
7-13-2020 Newshound Guru Adam Montana I agree with a few of the speculations above. [reference posts 1 and 2 7-13-2020] But my opinion of the rate goes a little deeper… it includes a “business sense analysis” that everyone might consider. Iraq is a business – and the business is natural reserves. Iraq holds a majority of the worlds natural gas and also black gold, also known as “oil”. When...the HCL has been settled, they will begin operating their business using the same principals any other successful company uses – the goals being profit, sustainability, and success! [post 3 of 3]
7-13-2020 Newshound Guru Adam Montana
Based on “equal to the USD”: We see articles all the time that reference the US Dollar, stating that the CBI wants the IQD to be equal to the USD. An easy assumption is to simply RV at 1:1, making a 10,000IQD note worth $10,000.
Based on “they can’t RV low or investors will buy too much!”: Some people state they will not cash in for anything less than $1. They state that Iraq would be foolish to RV at a low rate, because then big money will come in and buy up a ton of Dinar before it can go higher. (This theory is wrong, FYI.) [post 2 of 3....stay tuned]
7-13-2020 Newshound Guru Adam Montana Speculated rates and theories:
Based on Kuwaiti Dinar: It’s been said that the rate must equal their neighboring Kuwaiti Dinar rate, which would put the Dinar at $3+. Many people speculate that the Iraqi’s are a prideful people, and it would be a slap in the face to have a revalued currency be less than Kuwaits.
Based on "dropping the 0′s": It’s mentioned many times in the news that the 0′s could be dropped, which would mean one of two things: 1. The 0′s are dropped from the bills, which essentially puts most investors at a break even return. Nothing gained, nothing lost. 2. The 0′s are dropped from the exchange rate, which is currently .00086 (Dinars are worth about 1170 IQD per 1USD, or an exchange of .00086). This means your dinars are worth .86 USD per Dinar – in other words, a 10,000 IQD note is exchanged for $8,600 minus spread and bank fees. [post 1 of 3....stay tuned]
7-13-2020 Newshound Guru Adam Montana ...The most important concept to understand today is this: The CBI makes money on every auction, and they will continue to do so forever. When the Dinar changes value, the CBI buys it at a lower rate, and then sells it at a higher rate. The CBI will ALWAYS choose the path that makes them the most money. I agree that a lower rate than Kuwait will be a blow to the ego’s of the Iraqis. I agree that it should be on par with the USD, or even higher. I agree that the rate WILL get there… eventually. [post 1 of 2....stay tuned]
7-13-2020 Newshound Guru Pimpy I would love to see Dr. Shabibi come back. It's been a rumor. He's really really super old and I think people that were giving him a lot of hell are no longer really there so it's a possibility. I'm definitely curious about what if he does come back. It'd be a huge positive step. I think this man knows what the heck he's doing and I would like to see him get back in control of the Iraqi bank...
7-13-2020 Newshound Guru Jeff ...the last few months I've been putting a huge emphasis on saying Iraq has to have stability before the rate can change. They're telling you that. If you look at the amount of articles coming out between Erbil which is Kurdistan and Baghdad there's a lot...this is very serious...Iraq has to have stability, meaning they have to be able to work together before that rate can change, before they can go international...they just need a little more time. They're using the word "complete" which means ending or completion, towards a comprehensive agreement. So they're suggesting to us that they're close to having an agreement reached...
7-13-2020 Newshound Guru Pimpy ...the articles that I'm seeing are showing me that there's a lot of preparation getting done before Al-Kazemi's visit over here into the United States...we see the World Bank is there...they're most likely going to be the people that pull the trigger on a rate change...but we need to get the green light from...the United Nation once again recognizing the sovereignty of Iraqi people and the restrictions moved off their money. We will be eyeballing that. But first we have to get their sovereignty reinstated. That's what we're waiting for...
7-13-2020 Newshound Guru Adam Montana I agree with a few of the speculations above. [reference posts 1 and 2 7-13-2020] But my opinion of the rate goes a little deeper… it includes a “business sense analysis” that everyone might consider. Iraq is a business – and the business is natural reserves. Iraq holds a majority of the worlds natural gas and also black gold, also known as “oil”. When...the HCL has been settled, they will begin operating their business using the same principals any other successful company uses – the goals being profit, sustainability, and success! [post 3 of 3]
7-13-2020 Newshound Guru Adam Montana
Based on “equal to the USD”: We see articles all the time that reference the US Dollar, stating that the CBI wants the IQD to be equal to the USD. An easy assumption is to simply RV at 1:1, making a 10,000IQD note worth $10,000.
Based on “they can’t RV low or investors will buy too much!”: Some people state they will not cash in for anything less than $1. They state that Iraq would be foolish to RV at a low rate, because then big money will come in and buy up a ton of Dinar before it can go higher. (This theory is wrong, FYI.) [post 2 of 3....stay tuned]
7-13-2020 Newshound Guru Adam Montana Speculated rates and theories:
Based on Kuwaiti Dinar: It’s been said that the rate must equal their neighboring Kuwaiti Dinar rate, which would put the Dinar at $3+. Many people speculate that the Iraqi’s are a prideful people, and it would be a slap in the face to have a revalued currency be less than Kuwaits.
Based on "dropping the 0′s": It’s mentioned many times in the news that the 0′s could be dropped, which would mean one of two things: 1. The 0′s are dropped from the bills, which essentially puts most investors at a break even return. Nothing gained, nothing lost. 2. The 0′s are dropped from the exchange rate, which is currently .00086 (Dinars are worth about 1170 IQD per 1USD, or an exchange of .00086). This means your dinars are worth .86 USD per Dinar – in other words, a 10,000 IQD note is exchanged for $8,600 minus spread and bank fees. [post 1 of 3....stay tuned]
7-12-2020 Newshound Guru Adam Montana The rate - let's address that, because it's important...One of the most frustrating things about this adventure is the math... The value WILL go up. The question is, and always has been... How much, and when?... Unfortunately, there is no way to know for sure. That's why this is called "speculation" instead of "guaranteed", just like "fishing" isn't called "catching". (We all know how many fish you catch if you never throw a line out!) ...What we CAN do is make reasonable guesses. We can form informed opinions. ...I think the Iraqi Dinar should have a higher value, and I think we are simply waiting on the HCL...to be finalized… then it will be “GO” time! ...HCL is next. The RV will be shortly after that, or it will happen simultaneously. Either way... we are closing in on the final day. ... Go HCL, Go Iraq, GO RRRRRVVVVVV!!!
7-12-2020 Intel Guru RayRen98 ...Major security operations will be launched today [Saturday] to secure the borders and stop the theft and corruption being controlled by Iran at the Mandali outlet. The port will be under the protection of Iraqi military forces...according to PM Al-Kadhimi during his visit there... Al-Kadhimi on Iraqi TV saying the upcoming meeting with USA will help lead Iraq to international acceptance and all things there will be brought back to Parliament for agreement and a vote...The citizens are calling for a total dissolve of Parliament saying it costs a billion dollars a year on salaries that have not lead to help to the citizens on the streets. They are calling for early elections saying the deep state of Iranian-backed members in the Parliament already disagree with the meeting in Washington and will not agree to vote on anything, so to move forward Iraq has to dismantle the Parliament and do early election.
7-12-2020 Newshound Guru Adam Montana ...The main holdup has been political. When Saddam was removed, the entire government basically collapsed, and the world lost faith in Iraq's ability to do... anything...The current situation is entirely different than the situation that dropped the value of the Dinar. In fact, the current situation is entirely different than that of Iraq even 5 years ago! We currently have a Prime Minister in place who is finally doing all the right things. I have affectionately named him "Kazzamie" because the progress he's made seems like a magic trick at times! ...The next crucial step to this journey, and this is a fundamental part of it, is the HCL. "HCL", or "Hydro Carbon Law", is the agreement necessary to furthering Iraq's regaining of wealth. Without the HCL in place, there is no financial agreement within Iraq, and it is more beneficial to the politicians to keep the rate low. Once the HCL is in place, it will be more beneficial to have a higher rate... and we are seeing a LOT of promising news on HCL right now... [post 2 of 2]
7-12-2020 Newshound Guru Adam Montana There are so many things that I want to go over right now I barely know where to start! ...There are changes coming in the tax codes (for multiple countries), there are political situations that are extremely relevant and telling, and so much more is happening all at once right now! ...The "basics" are simple, and that's all anyone really needs to be able to sit back and wait. Iraq previously held one of the highest valued currencies in the world, and one day they will again. Although their country was knocked into the stone ages through a series of events that are now somewhat ancient history, Iraq still holds a majority of the black gold available on this planet. While the world runs on this stuff, and it will continue to do so, Iraq continues to hold an immensely powerful position. They suffered some extreme setbacks, but they did not lose their oil. This is a no-brainer to me - the value of Iraq's currency will rise again. [post 1 of 2....stay tuned]
7-12-2020 Newshound Guru Kaperoni ... securing the ports reduces corruption and gets rid of the Iranian influence currently using the border to smuggle dollars to Iran. Has nothing to do with an RV.
7-12-2020 Intel Guru RayRen98 ...Major security operations will be launched today [Saturday] to secure the borders and stop the theft and corruption being controlled by Iran at the Mandali outlet. The port will be under the protection of Iraqi military forces...according to PM Al-Kadhimi during his visit there... Al-Kadhimi on Iraqi TV saying the upcoming meeting with USA will help lead Iraq to international acceptance and all things there will be brought back to Parliament for agreement and a vote...The citizens are calling for a total dissolve of Parliament saying it costs a billion dollars a year on salaries that have not lead to help to the citizens on the streets. They are calling for early elections saying the deep state of Iranian-backed members in the Parliament already disagree with the meeting in Washington and will not agree to vote on anything, so to move forward Iraq has to dismantle the Parliament and do early election.
7-12-2020 Newshound Guru Adam Montana ...The main holdup has been political. When Saddam was removed, the entire government basically collapsed, and the world lost faith in Iraq's ability to do... anything...The current situation is entirely different than the situation that dropped the value of the Dinar. In fact, the current situation is entirely different than that of Iraq even 5 years ago! We currently have a Prime Minister in place who is finally doing all the right things. I have affectionately named him "Kazzamie" because the progress he's made seems like a magic trick at times! ...The next crucial step to this journey, and this is a fundamental part of it, is the HCL. "HCL", or "Hydro Carbon Law", is the agreement necessary to furthering Iraq's regaining of wealth. Without the HCL in place, there is no financial agreement within Iraq, and it is more beneficial to the politicians to keep the rate low. Once the HCL is in place, it will be more beneficial to have a higher rate... and we are seeing a LOT of promising news on HCL right now... [post 2 of 2]
7-12-2020 Newshound Guru Adam Montana There are so many things that I want to go over right now I barely know where to start! ...There are changes coming in the tax codes (for multiple countries), there are political situations that are extremely relevant and telling, and so much more is happening all at once right now! ...The "basics" are simple, and that's all anyone really needs to be able to sit back and wait. Iraq previously held one of the highest valued currencies in the world, and one day they will again. Although their country was knocked into the stone ages through a series of events that are now somewhat ancient history, Iraq still holds a majority of the black gold available on this planet. While the world runs on this stuff, and it will continue to do so, Iraq continues to hold an immensely powerful position. They suffered some extreme setbacks, but they did not lose their oil. This is a no-brainer to me - the value of Iraq's currency will rise again. [post 1 of 2....stay tuned]
7-12-2020 Newshound Guru Kaperoni ... securing the ports reduces corruption and gets rid of the Iranian influence currently using the border to smuggle dollars to Iran. Has nothing to do with an RV.
7-11-2020 Intel Guru Delta Article: "Al-Kazemi: The time to waste money has gone nowhere and today is launching a new phase" Quote: "...we will proceed to restore the prestige of the state and the law, and it is an opportunity to start for the future." LIKE I SAID FAMILY...THEY STARTED PORT CONTROL ...MORE GOOD THINGS ARE COMING ...
7-11-2020 Newshound Guru Adam Montana Shabs is a smart guy. He's said many times that the IQD could increase, but a $16 price tag is just silly. I'm still (mostly) on the ten cent train. I can see a flat dollar. I'll agree that even the RI rate of $3.26 is possible. But $16... I just can't see Shabs saying that. [reference Guru Bruce post 7-11-2020]
7-11-2020 Intel Guru Frank26 Question: "I present my currency at exchange, am I going to get current US dollars or the new U.S. currency?" The new U.S. currency isn't out yet so I guess you're not going to them them, right. Second of all, you're not gonna get any currency unless you really specially ask for it. They might give you up to about $5,000 dollars in cash but the rest of it'll all be electronic. That's how this major exchange is going to happen. Mainly electronic. There isn't that amount of physical cash to satisfy everybody. It's all going to be electronic mainly...
7-11-2020 Newshound Guru Pimpy ...so far it's been a consistent stream of very good news...unlike, remember this time last year we were all pumped up and then all of a sudden towards August...everything just blew up in our faces. We are closely excitedly watching what's going on in Iraq...there are a couple things I'm looking to happen before our boy Al-Kazemi makes his way over yonder here to hang out with Trump. One of them is the agreement between the Kurdistan region and Baghdad...It feels like they're very very close. That's what I'm hoping for because it plays a big part in what I think is going to happen...It's really important...my vision is to see Trump come out and then introduce Al-Kazemi to the world while at the same time encouraging the international community to once again recognize the sovereignty of Iraq while removing the restrictions off their currency...let's put out some good mojo to make this happen...
7-11-2020 Intel Guru Bruce [via WiserNow] ...in DC in 2012 and Dr Shabibi was asked question...what could the Iraqi Dinar support...What would the dinar be worth in US dollars after the revaluation - Dr Shabibi answered his question something to the effect – the Dinar will be able to support a rate of at least $16.00...I remember the question – and I remember Dr Shabibi answering that and I thought WOW – because when we first started we thought man – if this could get to $2 or $3 or back to what the Dinar was worth before it was questioned value which I think was $3.96 something – I thought man that’s going to be awesome - This was 15 y
7-11-2020 Newshound Guru Adam Montana Shabs is a smart guy. He's said many times that the IQD could increase, but a $16 price tag is just silly. I'm still (mostly) on the ten cent train. I can see a flat dollar. I'll agree that even the RI rate of $3.26 is possible. But $16... I just can't see Shabs saying that. [reference Guru Bruce post 7-11-2020]
7-11-2020 Intel Guru Frank26 Question: "I present my currency at exchange, am I going to get current US dollars or the new U.S. currency?" The new U.S. currency isn't out yet so I guess you're not going to them them, right. Second of all, you're not gonna get any currency unless you really specially ask for it. They might give you up to about $5,000 dollars in cash but the rest of it'll all be electronic. That's how this major exchange is going to happen. Mainly electronic. There isn't that amount of physical cash to satisfy everybody. It's all going to be electronic mainly...
7-11-2020 Newshound Guru Pimpy ...so far it's been a consistent stream of very good news...unlike, remember this time last year we were all pumped up and then all of a sudden towards August...everything just blew up in our faces. We are closely excitedly watching what's going on in Iraq...there are a couple things I'm looking to happen before our boy Al-Kazemi makes his way over yonder here to hang out with Trump. One of them is the agreement between the Kurdistan region and Baghdad...It feels like they're very very close. That's what I'm hoping for because it plays a big part in what I think is going to happen...It's really important...my vision is to see Trump come out and then introduce Al-Kazemi to the world while at the same time encouraging the international community to once again recognize the sovereignty of Iraq while removing the restrictions off their currency...let's put out some good mojo to make this happen...
7-11-2020 Intel Guru Bruce [via WiserNow] ...in DC in 2012 and Dr Shabibi was asked question...what could the Iraqi Dinar support...What would the dinar be worth in US dollars after the revaluation - Dr Shabibi answered his question something to the effect – the Dinar will be able to support a rate of at least $16.00...I remember the question – and I remember Dr Shabibi answering that and I thought WOW – because when we first started we thought man – if this could get to $2 or $3 or back to what the Dinar was worth before it was questioned value which I think was $3.96 something – I thought man that’s going to be awesome - This was 15 y