9-21-2022 Intel Guru Frank26 Article: "The Central Bank announces international cooperation with Iraqi banks" The Central Bank of Iraq is connected to international banks from around the world because they are about to introduce a new exchange rate. A new currency. A new banking system. A reinstatement of their banking system. We told you they would tell the citizens and they are.
9-21-2022 Newshound/Intel Guru Walkingstick [via Frank26] When you see the SDR and the IMF walking hand in hand together - oh, buddy! That's not the way it used to be. That is a huge step...
9-21-2022 Newshound Guru Samson Article: "The former president of "SOMO": The government wants to continue depositing Iraqi oil revenues in the US Reserve Bank" Quote: "...all the money from the sale of oil goes to the US Reserve Bank since 1996, and the government demanded after 2003 that this mechanism remain to preserve funds from the risks of lawsuits."
9-21-2022 Intel Guru Bruce [via WiserNow] ...in terms of our notifications...it looks like we got pushed maybe another three or four days...so it could actually be...the weekend...we thought we would be going with notifications... starting probably Thursday - But at this point... To me, it's up in the air...Let's keep an eye on the next several days especially the weekend...it's really an amazing time for us...amazing for us to be here where we are be part of this...
9-21-2022 Newshound/Intel Guru Breitling When I look at Iraq it's authority only. What's the banking system doing? Where are they making their money? How do they expand their system? The people who can pass law and want to expand their system, what are they talking about? Who are they talking about? In other words who do they want to do business with. They're talking about us, the west. Parliament, the Ministry of Planning, the Ministry of Finance, the CBI, all of them who has the authority right down the line...just follow the policy and you'll be very happy.
9-21-2022 Newshound Guru Sandy Ingram Question: "Why are we hearing about a possible civil war in Iraq?" Yes, Iraq is going through a major political crisis. Yet the internal fighting stopped while Iraqis were preparing for the annual religious event where over 20 million Shiite pilgrims descended on the city of Kabbalah...2.6 million are from Iran...we cannot be sure what will occur once people return to the reality of their daily lives.
9-21-2022 Intel Guru Frank26 I feel in my heart Iran will not cause a civil war. I believe they want to do business with Kazemi and Iraq because they are in need of financial help badly and because they cannot steal the money anymore and their money sanctioned and worthless they're trying to make business with Iraq and Kazemi.
9-21-2022 Newshound/Intel Guru Mnt Goat If it does move quickly I feel they will conduct the project to delete the zeros and we will see articles telling this they are moving ahead sometime in later October through November. Then they will be ready for the reinstatement back to FOREX in early 2023, which is in their White Paper plan and is the next move in their project to reform the economy of Iraq. I believe the US, IMF, World Bank and Iran would go along with this plan. Having Al-Kazemi and Saleh in place and continuing with “full powers” gives them to opportunity to do so. It also creates the security and stability needed. [post 2 of 2]
9-21-2022 Newshound/Intel Guru Mnt Goat The Continued Election Saga...what do I believe will happen shortly to make everyone happy? The most likely proposal will be to leave Al-Kazemi and Saleh in office in a “temporary” government not a caretaker government with full powers. How do I know this? A member of the KDP’s negotiating delegation stated that the next government should have full powers, and that preparations should be made for early elections. How does this effect our ability for the CBI to complete the currency reform and reinstate the dinar? The best guess I can make of the timing of the reinstatement is that the CBI WILL NOT ask to reinstate the dinar this year and will wait and see first how this all pans out. [post 1 of 2....stay tuned]
9-21-2022 Newshound Guru Pimpy We know Al-Kazemi is here at the United Nations and he almost appears to be politicking or campaigning is more like it. Al-Kazemi has taken the time to meet privately with a few leaders of different Arab nations who have guaranteed Al-Kazemi of their support. This is good for him. I'm not sure what that's going to do as far as whether or not it guarantees him to continue as a Prime Minister although I think he should...
9-21-2022 Newshound/Intel Guru Walkingstick [via Frank26] SDR and the IMF what they're doing is historical...this is amazing...that action with these European banks using IQD in their banks means the IQD is sanction free. It means there are no restrictions on the Iraqi dinar. It means the Iraqi dinar can be used to buy sell and trade with it internationally even if it's at a program rate...And if there are no restrictions...it means they are Article VIII. Article VIII means no restrictions on your currency...
9-21-2022 Newshound Guru Samson Article: "Al-Kazemi arrives at the United Nations building to attend the opening of the General Assembly"
9-21-2022 Intel Guru MarkZ [via PDK] I am being told by my finance ministry contacts there that things are moving very quickly in Iraq finally for values…lots of deals being cut so they can move forward… If they change the value before the RV it would be in fiat. They have a mechanism in place called a Nominal Effective Exchange Rate…where they could go with a partial increase in their value and the last rate I heard –if they do this is $1.60 US... I still do not think that is going to happen.
9-21-2022 Newshound/Intel Guru Walkingstick [via Frank26] When you see the SDR and the IMF walking hand in hand together - oh, buddy! That's not the way it used to be. That is a huge step...
9-21-2022 Newshound Guru Samson Article: "The former president of "SOMO": The government wants to continue depositing Iraqi oil revenues in the US Reserve Bank" Quote: "...all the money from the sale of oil goes to the US Reserve Bank since 1996, and the government demanded after 2003 that this mechanism remain to preserve funds from the risks of lawsuits."
9-21-2022 Intel Guru Bruce [via WiserNow] ...in terms of our notifications...it looks like we got pushed maybe another three or four days...so it could actually be...the weekend...we thought we would be going with notifications... starting probably Thursday - But at this point... To me, it's up in the air...Let's keep an eye on the next several days especially the weekend...it's really an amazing time for us...amazing for us to be here where we are be part of this...
9-21-2022 Newshound/Intel Guru Breitling When I look at Iraq it's authority only. What's the banking system doing? Where are they making their money? How do they expand their system? The people who can pass law and want to expand their system, what are they talking about? Who are they talking about? In other words who do they want to do business with. They're talking about us, the west. Parliament, the Ministry of Planning, the Ministry of Finance, the CBI, all of them who has the authority right down the line...just follow the policy and you'll be very happy.
9-21-2022 Newshound Guru Sandy Ingram Question: "Why are we hearing about a possible civil war in Iraq?" Yes, Iraq is going through a major political crisis. Yet the internal fighting stopped while Iraqis were preparing for the annual religious event where over 20 million Shiite pilgrims descended on the city of Kabbalah...2.6 million are from Iran...we cannot be sure what will occur once people return to the reality of their daily lives.
9-21-2022 Intel Guru Frank26 I feel in my heart Iran will not cause a civil war. I believe they want to do business with Kazemi and Iraq because they are in need of financial help badly and because they cannot steal the money anymore and their money sanctioned and worthless they're trying to make business with Iraq and Kazemi.
9-21-2022 Newshound/Intel Guru Mnt Goat If it does move quickly I feel they will conduct the project to delete the zeros and we will see articles telling this they are moving ahead sometime in later October through November. Then they will be ready for the reinstatement back to FOREX in early 2023, which is in their White Paper plan and is the next move in their project to reform the economy of Iraq. I believe the US, IMF, World Bank and Iran would go along with this plan. Having Al-Kazemi and Saleh in place and continuing with “full powers” gives them to opportunity to do so. It also creates the security and stability needed. [post 2 of 2]
9-21-2022 Newshound/Intel Guru Mnt Goat The Continued Election Saga...what do I believe will happen shortly to make everyone happy? The most likely proposal will be to leave Al-Kazemi and Saleh in office in a “temporary” government not a caretaker government with full powers. How do I know this? A member of the KDP’s negotiating delegation stated that the next government should have full powers, and that preparations should be made for early elections. How does this effect our ability for the CBI to complete the currency reform and reinstate the dinar? The best guess I can make of the timing of the reinstatement is that the CBI WILL NOT ask to reinstate the dinar this year and will wait and see first how this all pans out. [post 1 of 2....stay tuned]
9-21-2022 Newshound Guru Pimpy We know Al-Kazemi is here at the United Nations and he almost appears to be politicking or campaigning is more like it. Al-Kazemi has taken the time to meet privately with a few leaders of different Arab nations who have guaranteed Al-Kazemi of their support. This is good for him. I'm not sure what that's going to do as far as whether or not it guarantees him to continue as a Prime Minister although I think he should...
9-21-2022 Newshound/Intel Guru Walkingstick [via Frank26] SDR and the IMF what they're doing is historical...this is amazing...that action with these European banks using IQD in their banks means the IQD is sanction free. It means there are no restrictions on the Iraqi dinar. It means the Iraqi dinar can be used to buy sell and trade with it internationally even if it's at a program rate...And if there are no restrictions...it means they are Article VIII. Article VIII means no restrictions on your currency...
9-21-2022 Newshound Guru Samson Article: "Al-Kazemi arrives at the United Nations building to attend the opening of the General Assembly"
9-21-2022 Intel Guru MarkZ [via PDK] I am being told by my finance ministry contacts there that things are moving very quickly in Iraq finally for values…lots of deals being cut so they can move forward… If they change the value before the RV it would be in fiat. They have a mechanism in place called a Nominal Effective Exchange Rate…where they could go with a partial increase in their value and the last rate I heard –if they do this is $1.60 US... I still do not think that is going to happen.
9-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] Iran and the European Union and many others...are using the dinar in their banking structure. It's still at a program rate. But they're using it in their banks. That's a first. That's historical.
9-20-2022 Intel Guru MarkZ [via PDK] Al Kazemi has been in many closed door meetings today. And he is to speak to the UN on Friday. Today he met with other Arab countries leaders. They discussed banking and trade and values…and we are expecting that to continue throughout the week. We do not know whether or not when he addresses the UN on Friday, he address the new rate. But that is what a few of my contacts believe will happen…. We pray that is what happens.
9-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank guy said to me today that the deal with the European Union accepting dinars in their countries it's a super positive sign and only means they know this is a currency that will eventually become International it could be in 2023 or it could be the next quarter or it could be within weeks. We don't know. But they have calculated this and this is the only reason to go out and start accepting this dinar. It makes no sense otherwise. FRANK: ...I believe this month will be magical...if the satellite banks open by the end of the month into the first week of next month then the magic will be real.
9-20-2022 Newshound Guru Samson Article: "The German ambassador details the areas of partnership between Baghdad and Berlin and announces the extent of his country's support for Iraq" Quote: "Iraq has a large financial base and is different from the countries close to it and has special and interesting resources," noting that "Iraq has 85 million euros, and this compares to a full treasury for any future government."
9-20-2022 Newshound Guru Pimpy Article: "Iraq ranks 47th among the largest economies in the world" ...Congrats to Iraq for having a pretty strong economy despite all the crap that's going on. But...how much stronger it could have been had they been able to form a government, passed a budget and got a lot more accomplished without the stalemate. They would definitely be higher than 47th place that's for sure. But a good economy in a stable government, stable country, strong gold reserves, strong foreign currency reserves all these things help strengthen the Iraqi dinar. Those are the things that would help push the Iraq dinar forward as far as revaluing the Iraqi dinar.
9-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] Kazemi is having many secret meetings. These meeting are for the monetary reform. It's for the floating of the Iraqi dinar. It's for the opening of new banks. It's for the new currency to leave its country.
9-20-2022 Newshound Guru Samson Article: "Al-Kazemi arrives in New York" Quote: "Al-Kazemi arrives in New York: He will meet kings and heads of state and give a speech on Iraq"
9-20-2022 Intel Guru MarkZ [via PDK] [is this “Boom” week or are they still kicking the can?] I do not think they are kicking the can. I believe this is event driven now and things are moving quickly...it’s getting to be “crunch time” on the RV front. Out of Iraq there was a number of articles that came out from 3 different groups saying there is a need to get the government sat.
9-20-2022 Newshound Guru Sandy Ingram The Prime Minister of Iraq is traveling to the United States to participate in the work of the United Nations General Assembly at its 77th session...we can only hope as investors that these meetings with International figures will result in a higher exchange rate in the future...
9-20-2022 Intel/Newshound Guru RVAlready I think the reality is Iraq must fix their problem, or the UN will do it for them. And the international community is in no mood to wait.
9-20-2022 Newshound/Intel Guru Mnt Goat The CBI monetary and gold reserves continue to rise as the months roll on and oil continues to stay high. There is talk from my CBI contacts that the CBI is going to back the dinar totally with gold. This does not mean they won’t also have US dollars stashed in their foreign reserves and natural resources as well as the revenues from other sources such as customs and tariffs and tourism to back it up.
9-20-2022 Intel Guru MarkZ [via PDK] Al Kazemi has been in many closed door meetings today. And he is to speak to the UN on Friday. Today he met with other Arab countries leaders. They discussed banking and trade and values…and we are expecting that to continue throughout the week. We do not know whether or not when he addresses the UN on Friday, he address the new rate. But that is what a few of my contacts believe will happen…. We pray that is what happens.
9-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank guy said to me today that the deal with the European Union accepting dinars in their countries it's a super positive sign and only means they know this is a currency that will eventually become International it could be in 2023 or it could be the next quarter or it could be within weeks. We don't know. But they have calculated this and this is the only reason to go out and start accepting this dinar. It makes no sense otherwise. FRANK: ...I believe this month will be magical...if the satellite banks open by the end of the month into the first week of next month then the magic will be real.
9-20-2022 Newshound Guru Samson Article: "The German ambassador details the areas of partnership between Baghdad and Berlin and announces the extent of his country's support for Iraq" Quote: "Iraq has a large financial base and is different from the countries close to it and has special and interesting resources," noting that "Iraq has 85 million euros, and this compares to a full treasury for any future government."
9-20-2022 Newshound Guru Pimpy Article: "Iraq ranks 47th among the largest economies in the world" ...Congrats to Iraq for having a pretty strong economy despite all the crap that's going on. But...how much stronger it could have been had they been able to form a government, passed a budget and got a lot more accomplished without the stalemate. They would definitely be higher than 47th place that's for sure. But a good economy in a stable government, stable country, strong gold reserves, strong foreign currency reserves all these things help strengthen the Iraqi dinar. Those are the things that would help push the Iraq dinar forward as far as revaluing the Iraqi dinar.
9-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] Kazemi is having many secret meetings. These meeting are for the monetary reform. It's for the floating of the Iraqi dinar. It's for the opening of new banks. It's for the new currency to leave its country.
9-20-2022 Newshound Guru Samson Article: "Al-Kazemi arrives in New York" Quote: "Al-Kazemi arrives in New York: He will meet kings and heads of state and give a speech on Iraq"
9-20-2022 Intel Guru MarkZ [via PDK] [is this “Boom” week or are they still kicking the can?] I do not think they are kicking the can. I believe this is event driven now and things are moving quickly...it’s getting to be “crunch time” on the RV front. Out of Iraq there was a number of articles that came out from 3 different groups saying there is a need to get the government sat.
9-20-2022 Newshound Guru Sandy Ingram The Prime Minister of Iraq is traveling to the United States to participate in the work of the United Nations General Assembly at its 77th session...we can only hope as investors that these meetings with International figures will result in a higher exchange rate in the future...
9-20-2022 Intel/Newshound Guru RVAlready I think the reality is Iraq must fix their problem, or the UN will do it for them. And the international community is in no mood to wait.
9-20-2022 Newshound/Intel Guru Mnt Goat The CBI monetary and gold reserves continue to rise as the months roll on and oil continues to stay high. There is talk from my CBI contacts that the CBI is going to back the dinar totally with gold. This does not mean they won’t also have US dollars stashed in their foreign reserves and natural resources as well as the revenues from other sources such as customs and tariffs and tourism to back it up.
9-19-2022 Intel Guru Frank26 Article: "The Central Bank separates the work of the Deposit Insurance Company, the development of the payments system, and cooperation with major international banks". CBI FROM ATM's, TO FDIC, TO BUNA... ALL PART OF THE MONETARY REFORM EDUCATION TO THE CITIZENS
9-19-2022 Intel Guru MarkZ [via PDK] Well we have some interesting news…what I hear from my sources in the last hour is 2 large groups that have aggregated currency and already have SKR’s for 4a…have been told no more...Submitting updated personal information so that they can pay them...it is closed as of this afternoon. No more changes...they say it’s too close now to the time of release to accept any more information changes… I think that is a clear indicator of how close we are.
9-19-2022 Newshound Guru Samson Article: "Al-Kazemi carries 5 “announced” files to New York, and “Al-Ghad Press” looks at the sixth" Quote: "Al-Kazemi will head a high-ranking ministerial delegation to New York, to participate in the meetings of the United Nations General Assembly...the political crisis in the country will top Al-Kazemi's discussions with world leaders, led by US President Joe Biden"
9-19-2022 Newshound Guru Sandy Ingram Article: "21 million Shiites mark Arbaeen in Iraq's Karbala" ...pilgrims are traveling from Iran, Palestine and different parts of the Middle East to an annual religious celebration. This massive celebration is in Kabbalah and is one of the world's largest public gatherings that is held every year in Iraq. Kabbalah is approximately 55 miles from Baghdad.
9-19-2022 Guru Nader From The Mid East I have the journalist...He has...an Iraqi diplomat who works in Washington. We're going to talk about the exchange rate, the dinar and all that. I'm still organizing it. The guy is really busy so as soon as he gives me the green light I will do it right away...
9-19-2022 Newshound Guru Pimpy ...Obviously if the oil prices go up this also affects the value of the Iraqi dinar. No, you're not going to see any real significant jump or increase [In the exchange rate of the dinar] not yet, with the increase of money that will be coming into Iraq it will increase their foreign reserves, they continue to add large amounts of gold (it seems like every month now) which will only do what? Secure the Iraqi dinar. Strengthen it...
9-19-2022 Intel Guru MarkZ [via PDK] Guru Mnt Goat post quote: "...It may take until the end of the year to catch up so don’t expect anything until at least January 2023..." I am still looking for much sooner than that but, isn’t it nice everybody is agreeing that things are lining up? I still think September...A lot of chatter and research is pointing to the end of this month…My guess is this month... I think this week is going to be huge.
9-19-2022 Newshound Guru Breitling Inside Iraqi the Sunni and Shia want to expand their markets and their markets are in the west. Russia and China are not expanding, they're shrinking...the average person out there knows if I'm going to sell something I want as many customers as possible. That is what Iraq is looking at...That's all they're looking at nothing more than that. So it's all positive news coming out of Iraq for the Iraqi dinar.
9-19-2022 Intel Guru Frank26 Question: "When the ATMs start spitting out cash and the satellite banks open are we still waiting on the reforms?" We're waiting on the reforms. Actually we're waiting for when the government sits. Then they'll show you a budget that has the white papers that contains a new exchange rate...
9-19-2022 Intel Guru MarkZ [via PDK] BIG Rumors that Iraq is looking at joining BRICS. I want to tell you that no matter where you are at…there is no chance you will be kept from exchanging dinar. You do not have to worry about it - even if they join BRICS …everyone will still be able to exchange. On the world stage-you cannot pick and choose who gets to exchange…everyone will be able to exchange…. The way this will work. BRICS was designed as a way of forcing the reset. CIPS was formed as an alternative to the SWIFT system. They want to force the reset and it is working like a charm...Some news articles are clear signs of our impending revaluation…
9-19-2022 Intel Guru MarkZ [via PDK] Well we have some interesting news…what I hear from my sources in the last hour is 2 large groups that have aggregated currency and already have SKR’s for 4a…have been told no more...Submitting updated personal information so that they can pay them...it is closed as of this afternoon. No more changes...they say it’s too close now to the time of release to accept any more information changes… I think that is a clear indicator of how close we are.
9-19-2022 Newshound Guru Samson Article: "Al-Kazemi carries 5 “announced” files to New York, and “Al-Ghad Press” looks at the sixth" Quote: "Al-Kazemi will head a high-ranking ministerial delegation to New York, to participate in the meetings of the United Nations General Assembly...the political crisis in the country will top Al-Kazemi's discussions with world leaders, led by US President Joe Biden"
9-19-2022 Newshound Guru Sandy Ingram Article: "21 million Shiites mark Arbaeen in Iraq's Karbala" ...pilgrims are traveling from Iran, Palestine and different parts of the Middle East to an annual religious celebration. This massive celebration is in Kabbalah and is one of the world's largest public gatherings that is held every year in Iraq. Kabbalah is approximately 55 miles from Baghdad.
9-19-2022 Guru Nader From The Mid East I have the journalist...He has...an Iraqi diplomat who works in Washington. We're going to talk about the exchange rate, the dinar and all that. I'm still organizing it. The guy is really busy so as soon as he gives me the green light I will do it right away...
9-19-2022 Newshound Guru Pimpy ...Obviously if the oil prices go up this also affects the value of the Iraqi dinar. No, you're not going to see any real significant jump or increase [In the exchange rate of the dinar] not yet, with the increase of money that will be coming into Iraq it will increase their foreign reserves, they continue to add large amounts of gold (it seems like every month now) which will only do what? Secure the Iraqi dinar. Strengthen it...
9-19-2022 Intel Guru MarkZ [via PDK] Guru Mnt Goat post quote: "...It may take until the end of the year to catch up so don’t expect anything until at least January 2023..." I am still looking for much sooner than that but, isn’t it nice everybody is agreeing that things are lining up? I still think September...A lot of chatter and research is pointing to the end of this month…My guess is this month... I think this week is going to be huge.
9-19-2022 Newshound Guru Breitling Inside Iraqi the Sunni and Shia want to expand their markets and their markets are in the west. Russia and China are not expanding, they're shrinking...the average person out there knows if I'm going to sell something I want as many customers as possible. That is what Iraq is looking at...That's all they're looking at nothing more than that. So it's all positive news coming out of Iraq for the Iraqi dinar.
9-19-2022 Intel Guru Frank26 Question: "When the ATMs start spitting out cash and the satellite banks open are we still waiting on the reforms?" We're waiting on the reforms. Actually we're waiting for when the government sits. Then they'll show you a budget that has the white papers that contains a new exchange rate...
9-19-2022 Intel Guru MarkZ [via PDK] BIG Rumors that Iraq is looking at joining BRICS. I want to tell you that no matter where you are at…there is no chance you will be kept from exchanging dinar. You do not have to worry about it - even if they join BRICS …everyone will still be able to exchange. On the world stage-you cannot pick and choose who gets to exchange…everyone will be able to exchange…. The way this will work. BRICS was designed as a way of forcing the reset. CIPS was formed as an alternative to the SWIFT system. They want to force the reset and it is working like a charm...Some news articles are clear signs of our impending revaluation…
9-18-2022 Intel Guru Frank26 Article: "Shafak News and "BBC" sign a partnership contract, the first of its kind in Iraq" IRANIAN CONTROLLED MEDIA IN IRAQ... MOVE OVER Quote: "Shafaq News Agency and the prestigious British "BBC News Arabic" network signed a partnership agreement, the first of its kind for a media-journalistic organization, in Iraq."
9-18-2022 Newshound Guru Clare "These rights are used to settle payments between member countries...Therefore, central banks, including Iraq, seek to buy quantities of gold from time to time. The most recent of which is Iraq’s purchase of a new amount of gold, amounting to approximately (34) tons, bringing Iraq’s balance to (134,4)...which made its classification become the fourth Arab and thirty-three globally. This increase is within the framework of a strategy The Central Bank to manage its assets in order to achieve the highest levels of stability..." [Post 2 of 2]
9-18-2022 Newshound Guru Clare Article: "The Central Bank of Iraq has three reserves to serve the requirements of monetary stability and development" Quote: "This reserve consists of: Foreign exchange papers...Which is estimated at more than (85) billion dollars. [2nd] Gold...is in the form of bullion or coins in the vaults of the International Monetary Fund...As for the third reserve, it is the special drawing rights: it is the new reserve and it is used to meet the deficit in the country's traditional reserves and drawing rights are granted to each of the member states of the International Monetary Fund..." [Post 1 of 2....stay tuned]
9-18-2022 Newshound Guru Pimpy Article: "Iraq ranks 47th among the largest economies in the world" This is great news for Iraq but can you imagine had they had a government formed where they be today? Having a strong economy is a huge part of them revaluing the Iraqi dinar. The other two steps are still moving forward which is the accumulation of gold and the accumulation of foreign currency access...those will just help strengthen the dinar...congrats to Iraq despite the fact that they're in political chaos and they still manage to do very well economically.
9-18-2022 Guest Guru BobTheTaxMan I get a lot of inquiries about this...money they've [Congress - Inflation Reduction Act] put into the...IRS. You're always going to have the rhetoric of 'they're going to strip you of this or that or whatever'. That's all total absolute bull...The software that they've been using for this massive job...is 1960's stuff...they need to get themselves back up to par...because when you get an invalid system...that's when you don't have a satisfactory result...I assure you this shot that goes into the IRS is going to be a benefit...lay aside your fears about what is going to happen with the IRS.
9-18-2022 Newshound Guru Samson Article: "Al-Kazemi will fly to America tomorrow" "Al-Kazemi will hold meetings with a number of world leaders, led by US President Joe Biden."
9-18-2022 Intel Guru Frank26 Question: "Can we exchange in the CBI satellite banks?" You can exchange it into American dollars...you can take your Iraq dinars to these satellite banks. They will exchange them into the new small category notes which I don't think you want...you'll want the American dollar because you live in America. What are you going to do with the Iraqi dinar in America? You're going to go to Walmart? What are you going to buy? Nothing. You have to use American dollars.
9-18-2022 Intel Guru MarkZ [via PDK] My sources on the ground in Iraq were very quiet this weekend...the bankers are still at the edge of their seats and prepared…. They have to be…Not exactly like the “boy who cried wolf” but, they need to be ready no matter when it goes...
9-18-2022 Newshound Guru Pimpy [Response to Guru Nader's Question below.] Nader put out a video asking some questions about the CBI and the fact that they sold 1.2 billion in Forex last week. It was a legitimate question...they're not selling the Iraqi dinar, they're selling their foreign currencies. Remember...now they're holding $85 billion worth. That's important because the more you hold of different countries' currencies the more you're able to protect your own currency. At times when you need to you could sell other foreign currencies to help increase the value of your currency...It's not the dinar on Forex they're just talking about all their foreign currencies...Iraqi dinar is not being bought and sold on Forex. Not yet.
9-18-2022 Newshound Guru Samson Article: "America's strategic oil reserves fall to their lowest level since 1984" Quote: "US President Joe Biden set out in March a plan to release one million barrels per day over six months from the Strategic Petroleum Reserve to overcome high fuel prices in the United States that contributed to sharp increases in inflation. Energy Secretary Jennifer Granholm told Reuters last week that the Biden administration was considering the need for more releases from the petroleum reserve after the current program expires in October..."
9-18-2022 Guru Nader From The Mid East Article: "CBI sold +1.2 billion in forex last week". This has got me confused a little bit...Says CBI sold 1.2 billion on Forex last week...I try to call a couple of times people who works for Forex and ask them if we can invest or buy or sell Iraqi dinar and they says no. And now this article comes out and says the CBI sold 1.2 billion last week?...somebody please explain it to me because I don't get it. [Stay tuned as the other gurus and community chime in on this interesting news story...]
9-18-2022 Intel Guru MarkZ [via PDK] Question: Can Iraq reinstate its currency today and then later RV under the gold treaty? We have been told that is a possibility. That would be the NEER rate (nominal effective exchange rate) but, I haven’t seen that discussed in a long time...
9-18-2022 Newshound Guru Clare "These rights are used to settle payments between member countries...Therefore, central banks, including Iraq, seek to buy quantities of gold from time to time. The most recent of which is Iraq’s purchase of a new amount of gold, amounting to approximately (34) tons, bringing Iraq’s balance to (134,4)...which made its classification become the fourth Arab and thirty-three globally. This increase is within the framework of a strategy The Central Bank to manage its assets in order to achieve the highest levels of stability..." [Post 2 of 2]
9-18-2022 Newshound Guru Clare Article: "The Central Bank of Iraq has three reserves to serve the requirements of monetary stability and development" Quote: "This reserve consists of: Foreign exchange papers...Which is estimated at more than (85) billion dollars. [2nd] Gold...is in the form of bullion or coins in the vaults of the International Monetary Fund...As for the third reserve, it is the special drawing rights: it is the new reserve and it is used to meet the deficit in the country's traditional reserves and drawing rights are granted to each of the member states of the International Monetary Fund..." [Post 1 of 2....stay tuned]
9-18-2022 Newshound Guru Pimpy Article: "Iraq ranks 47th among the largest economies in the world" This is great news for Iraq but can you imagine had they had a government formed where they be today? Having a strong economy is a huge part of them revaluing the Iraqi dinar. The other two steps are still moving forward which is the accumulation of gold and the accumulation of foreign currency access...those will just help strengthen the dinar...congrats to Iraq despite the fact that they're in political chaos and they still manage to do very well economically.
9-18-2022 Guest Guru BobTheTaxMan I get a lot of inquiries about this...money they've [Congress - Inflation Reduction Act] put into the...IRS. You're always going to have the rhetoric of 'they're going to strip you of this or that or whatever'. That's all total absolute bull...The software that they've been using for this massive job...is 1960's stuff...they need to get themselves back up to par...because when you get an invalid system...that's when you don't have a satisfactory result...I assure you this shot that goes into the IRS is going to be a benefit...lay aside your fears about what is going to happen with the IRS.
9-18-2022 Newshound Guru Samson Article: "Al-Kazemi will fly to America tomorrow" "Al-Kazemi will hold meetings with a number of world leaders, led by US President Joe Biden."
9-18-2022 Intel Guru Frank26 Question: "Can we exchange in the CBI satellite banks?" You can exchange it into American dollars...you can take your Iraq dinars to these satellite banks. They will exchange them into the new small category notes which I don't think you want...you'll want the American dollar because you live in America. What are you going to do with the Iraqi dinar in America? You're going to go to Walmart? What are you going to buy? Nothing. You have to use American dollars.
9-18-2022 Intel Guru MarkZ [via PDK] My sources on the ground in Iraq were very quiet this weekend...the bankers are still at the edge of their seats and prepared…. They have to be…Not exactly like the “boy who cried wolf” but, they need to be ready no matter when it goes...
9-18-2022 Newshound Guru Pimpy [Response to Guru Nader's Question below.] Nader put out a video asking some questions about the CBI and the fact that they sold 1.2 billion in Forex last week. It was a legitimate question...they're not selling the Iraqi dinar, they're selling their foreign currencies. Remember...now they're holding $85 billion worth. That's important because the more you hold of different countries' currencies the more you're able to protect your own currency. At times when you need to you could sell other foreign currencies to help increase the value of your currency...It's not the dinar on Forex they're just talking about all their foreign currencies...Iraqi dinar is not being bought and sold on Forex. Not yet.
9-18-2022 Newshound Guru Samson Article: "America's strategic oil reserves fall to their lowest level since 1984" Quote: "US President Joe Biden set out in March a plan to release one million barrels per day over six months from the Strategic Petroleum Reserve to overcome high fuel prices in the United States that contributed to sharp increases in inflation. Energy Secretary Jennifer Granholm told Reuters last week that the Biden administration was considering the need for more releases from the petroleum reserve after the current program expires in October..."
9-18-2022 Guru Nader From The Mid East Article: "CBI sold +1.2 billion in forex last week". This has got me confused a little bit...Says CBI sold 1.2 billion on Forex last week...I try to call a couple of times people who works for Forex and ask them if we can invest or buy or sell Iraqi dinar and they says no. And now this article comes out and says the CBI sold 1.2 billion last week?...somebody please explain it to me because I don't get it. [Stay tuned as the other gurus and community chime in on this interesting news story...]
9-18-2022 Intel Guru MarkZ [via PDK] Question: Can Iraq reinstate its currency today and then later RV under the gold treaty? We have been told that is a possibility. That would be the NEER rate (nominal effective exchange rate) but, I haven’t seen that discussed in a long time...
9-17-2022 Newshound/Intel Guru Mnt Goat I know for many of you things seems hopeless for your investment. But I can assure you they are not hopeless. We will see a major shift soon in the USA and this will impact the foreign policy of the USA towards Iraq . It may take until the end of the year to catch up so don’t expect anything until at least January 2023...Things are going to change and the future is very bright for Iraq.
9-17-2022 Intel Guru Frank26 The generation that's there for the last 20 years they've never seen a currency of their own. The generation before them 30-40 years old don't even live in Iraq . They ran away and that's why there's so many banks that are being established around the world to take care of all these Iraqis. The Iraqi dinar is going to become a pivotal currency. It'll be a currency hub Iraq - Baghdad . Everybody knows. The Middle East knows it...
9-17-2022 Newshound Guru Samson Article "Al-Kazemi’s advisor: The foreign exchange reserve represents real monetary stability for the country" Quote "Saleh said, "All indicators confirm today that the country's foreign exchange reserves, which amounted to about $85 billion, including gold, are at a high level of efficiency and represent real monetary stability for the country."
9-17-2022 Guru Nader From The Mid East I think the first week of January they gonna launch the 2023 budget and the good news the rate it's in it. But I don't know what's the rate. The rate is in it...
9-17-2022 Intel Guru MarkZ [via PDK] [Guru Mnt Goat: "The new lower denominations that we are looking for are not yet in circulation." ] [reference Mnt Goat post 9-16-2022] ...I am told they exist by a number of folks that work in the finance ministry..
9-17-2022 Newshound Guru Kaperoni If the dinar is ever going to go up in value it will be the result of Iraq building a private sector diversity economy. But only if they pass laws, encourage investment, and diversify away from oil. A country's currency exchange rate is never a random act. It's based on economic growth, GDP, etc. Only with the success and growth of Iraq's economy can the dinar go up in value.
9-17-2022 Newshound Guru Pimpy We're closer now than ever before to a civil war over there in Iraq... Article: "Iraq is Nearing the Brink of a Shiite Civil War" ...until all this crap is settled you're not going to see any changes whatsoever in the Iraqi dinar. We see they've done a lot of great things for the Iraqi dinar - more gold. More foreign currency asset buildup but if they're going to have a civil war, the country is going to be unstable. This is not good.
9-17-2022 Intel Guru Frank26 Article: "High foreign reserves of the Central Bank of Iraq" yeah! Very high! ...because the gov of the CBI controls the auctions, increasing foreign reserves instead of decreasing them by having Iran steal them. I love it.
9-17-2022 Newshound Guru Samson Article: "The World Council: Iraq is among the Arab countries with the most gold reserves" Quote: "Iraq still maintains its 30th position globally with the largest gold reserves out of the 100 countries included in the international financial statistics for global gold reserves and for the second month in a row after purchasing 34 tons in the month of June, when these reserves amounted to 130.4 tons, which represents 9.5% of the remaining his other currencies..."
9-17-2022 Intel Guru Frank26 The generation that's there for the last 20 years they've never seen a currency of their own. The generation before them 30-40 years old don't even live in Iraq . They ran away and that's why there's so many banks that are being established around the world to take care of all these Iraqis. The Iraqi dinar is going to become a pivotal currency. It'll be a currency hub Iraq - Baghdad . Everybody knows. The Middle East knows it...
9-17-2022 Newshound Guru Samson Article "Al-Kazemi’s advisor: The foreign exchange reserve represents real monetary stability for the country" Quote "Saleh said, "All indicators confirm today that the country's foreign exchange reserves, which amounted to about $85 billion, including gold, are at a high level of efficiency and represent real monetary stability for the country."
9-17-2022 Guru Nader From The Mid East I think the first week of January they gonna launch the 2023 budget and the good news the rate it's in it. But I don't know what's the rate. The rate is in it...
9-17-2022 Intel Guru MarkZ [via PDK] [Guru Mnt Goat: "The new lower denominations that we are looking for are not yet in circulation." ] [reference Mnt Goat post 9-16-2022] ...I am told they exist by a number of folks that work in the finance ministry..
9-17-2022 Newshound Guru Kaperoni If the dinar is ever going to go up in value it will be the result of Iraq building a private sector diversity economy. But only if they pass laws, encourage investment, and diversify away from oil. A country's currency exchange rate is never a random act. It's based on economic growth, GDP, etc. Only with the success and growth of Iraq's economy can the dinar go up in value.
9-17-2022 Newshound Guru Pimpy We're closer now than ever before to a civil war over there in Iraq... Article: "Iraq is Nearing the Brink of a Shiite Civil War" ...until all this crap is settled you're not going to see any changes whatsoever in the Iraqi dinar. We see they've done a lot of great things for the Iraqi dinar - more gold. More foreign currency asset buildup but if they're going to have a civil war, the country is going to be unstable. This is not good.
9-17-2022 Intel Guru Frank26 Article: "High foreign reserves of the Central Bank of Iraq" yeah! Very high! ...because the gov of the CBI controls the auctions, increasing foreign reserves instead of decreasing them by having Iran steal them. I love it.
9-17-2022 Newshound Guru Samson Article: "The World Council: Iraq is among the Arab countries with the most gold reserves" Quote: "Iraq still maintains its 30th position globally with the largest gold reserves out of the 100 countries included in the international financial statistics for global gold reserves and for the second month in a row after purchasing 34 tons in the month of June, when these reserves amounted to 130.4 tons, which represents 9.5% of the remaining his other currencies..."
9-16-2022 Intel Guru MarkZ [via PDK] ...the chatter is saying it could happen at ”any moment”…but contacts really aren’t talking. Over the last few days I’ve been hearing “We have an NDA now-we can’t talk. Things are on schedule”... Well I don’t know what the schedule is so I am as frustrated as you are. But, that is what I am getting... I believe it’s going to be an
interesting few days.
9-16-2022 Intel Guru Bruce [via WiserNow] And the Iraqi dinar, which we know is trading upward now is close to a baker's dozen, right now is moving forward and should be internationally known meaning it should be known on Sunday that it is a restored currency. Okay, and revalue globally, internationally, even to us...And that gives me confidence that maybe we do get this thing over the weekend. Let's see what happens. [post 2 of 2]
9-16-2022 Intel Guru Bruce [via WiserNow] Most of the banks have kind of clammed up...if you're looking at a timeline of events that have happened, and need to happen, I think we're just about there. I think we're just about there with everything that I can understand from the timelines... I think the possibility of getting notified over the weekend is real...we've been told from some pretty good people to look for the weekend. [post 1 of 2....stay tuned]
9-16-2022 Intel Guru Frank26 Question: "IYO do you think it will be 1 to 1 when it leaves the border of Iraq?" At this point it may be more now because the dollar is falling so far behind every day...you think the dinar wants to be embarrassed and walk with the American dollar anymore. No.
9-16-2022 Newshound Guru Kaperoni The later is what has been described under the IMF Article IV Consultation from 2013 which is to create the conditions for a suitable investment environment, then float the dinar and allow it to gradually appreciate based on the economic success. But this is going to take time. [Post 2 of 2]
9-16-2022 Newshound Guru Kaperoni There are really only two options for Iraq. The first one is a redenomination LOP, which is a neutral event and not what we want to occur. The other is to pass laws, create a suitable investment environment and diversify the economy away from oil. Only then the dinar could float. [Post 1 of 2....stay tuned]
9-16-2022 Newshound Guru Samson Article: "Association of Private Banks: The percentage of financial inclusion in Iraq has risen to 33.5%" Quote: "...the percentage of financial inclusion increased from 22.5% during the year 2020 to 33.5%, an increase of about 49% from the year 2020, due to the Central Bank’s policy to support the project to localize employee salaries and increase the opening of Banking branches, digital transformation support, electronic wallets, payment points and ATMs"
9-16-2022 Newshound Guru Pimpy Article: "Iraq's gold reserves rise to 130.4 tons". Iraq continues to add to their reserves. They now have 130.4 tons of gold. Quote: "Iraq ranked 3rd in the Arab world and 30 in the world..." ...with the gold reserves in Iraq increasing and the foreign currency reserves also increasing this is huge for the support of the Iraqi dinar. They're a big part of what makes a currency strong. I see some big steps being taken that do indeed help the Iraqi dinar in a big way...
9-16-2022 Newshound/Intel Guru Mnt Goat The new lower denominations that we are looking for are not yet in circulation. Other countries are not yet exchanging the dinar. There is no reason for them to be exchanging.
9-16-2022 Intel Guru Frank26 Article: "The Board of Directors of the Center for Banking Studies holds its second meeting for the year 2022" Part of that meeting was to tell the two gentlemen [Guru Walkingstick's satellite bank contacts] and many other gentleman, we need you to train the satellite employees now because we've got the ones in Iraq trained. The ones all around the world need to be trained...the two gentlemen were going to stick around [The U.S.] for 6 weeks. That's why they're still here...
9-16-2022 Intel Guru MarkZ [via PDK] I am looking from the 20th to the Oct 1st…but there are a lot of group leaders looking at tonight [Thursday] into tomorrow. I hope they are right and I am wrong. Nobody knows the exact timing…the chatter from the groups today has been fantastic. They are keyed up for “any moment” right now.
interesting few days.
9-16-2022 Intel Guru Bruce [via WiserNow] And the Iraqi dinar, which we know is trading upward now is close to a baker's dozen, right now is moving forward and should be internationally known meaning it should be known on Sunday that it is a restored currency. Okay, and revalue globally, internationally, even to us...And that gives me confidence that maybe we do get this thing over the weekend. Let's see what happens. [post 2 of 2]
9-16-2022 Intel Guru Bruce [via WiserNow] Most of the banks have kind of clammed up...if you're looking at a timeline of events that have happened, and need to happen, I think we're just about there. I think we're just about there with everything that I can understand from the timelines... I think the possibility of getting notified over the weekend is real...we've been told from some pretty good people to look for the weekend. [post 1 of 2....stay tuned]
9-16-2022 Intel Guru Frank26 Question: "IYO do you think it will be 1 to 1 when it leaves the border of Iraq?" At this point it may be more now because the dollar is falling so far behind every day...you think the dinar wants to be embarrassed and walk with the American dollar anymore. No.
9-16-2022 Newshound Guru Kaperoni The later is what has been described under the IMF Article IV Consultation from 2013 which is to create the conditions for a suitable investment environment, then float the dinar and allow it to gradually appreciate based on the economic success. But this is going to take time. [Post 2 of 2]
9-16-2022 Newshound Guru Kaperoni There are really only two options for Iraq. The first one is a redenomination LOP, which is a neutral event and not what we want to occur. The other is to pass laws, create a suitable investment environment and diversify the economy away from oil. Only then the dinar could float. [Post 1 of 2....stay tuned]
9-16-2022 Newshound Guru Samson Article: "Association of Private Banks: The percentage of financial inclusion in Iraq has risen to 33.5%" Quote: "...the percentage of financial inclusion increased from 22.5% during the year 2020 to 33.5%, an increase of about 49% from the year 2020, due to the Central Bank’s policy to support the project to localize employee salaries and increase the opening of Banking branches, digital transformation support, electronic wallets, payment points and ATMs"
9-16-2022 Newshound Guru Pimpy Article: "Iraq's gold reserves rise to 130.4 tons". Iraq continues to add to their reserves. They now have 130.4 tons of gold. Quote: "Iraq ranked 3rd in the Arab world and 30 in the world..." ...with the gold reserves in Iraq increasing and the foreign currency reserves also increasing this is huge for the support of the Iraqi dinar. They're a big part of what makes a currency strong. I see some big steps being taken that do indeed help the Iraqi dinar in a big way...
9-16-2022 Newshound/Intel Guru Mnt Goat The new lower denominations that we are looking for are not yet in circulation. Other countries are not yet exchanging the dinar. There is no reason for them to be exchanging.
9-16-2022 Intel Guru Frank26 Article: "The Board of Directors of the Center for Banking Studies holds its second meeting for the year 2022" Part of that meeting was to tell the two gentlemen [Guru Walkingstick's satellite bank contacts] and many other gentleman, we need you to train the satellite employees now because we've got the ones in Iraq trained. The ones all around the world need to be trained...the two gentlemen were going to stick around [The U.S.] for 6 weeks. That's why they're still here...
9-16-2022 Intel Guru MarkZ [via PDK] I am looking from the 20th to the Oct 1st…but there are a lot of group leaders looking at tonight [Thursday] into tomorrow. I hope they are right and I am wrong. Nobody knows the exact timing…the chatter from the groups today has been fantastic. They are keyed up for “any moment” right now.
9-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Saleh is on TV says our cash reserves will be over $100 billion and that's the most ever in our history. He said he got that from the governor of the CBI and he said that money has to be used to advance Iraq . It's for investment and to grow. FRANK: Saleh is telling the citizens of Iraq your currency has value. It's going to be paying things off. It's going to be well received by the rest of the world...
9-15-2022 Intel Guru MarkZ [via PDK] It was exceptionally quiet overnight on the RV front...we are still waiting on the timing... A couple large groups let me know yesterday that things are still moving and to stay confident….
9-15-2022 Newshound Guru Clare Article 1 "The Central Bank separates the work of the Deposit Insurance Company, the development of the payments system, and cooperation with major international banks" Article: 2 "The Central Bank announces international cooperation with Iraqi banks" GREAT ARTICLE! The Central Bank announces international cooperation with Iraqi banks.
9-15-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] One is preparing to return back [to Middle East ]. The other is saying because he has to run the bank that he owns. They're in the process of training the tellers. They are still on target to try to open by the end of this month into the first week of next month...the one who is staying bought some land. Actually he bought a lot of land and he is going to build a home. He has to say here. He has to run that bank. It's serious. They are treating it seriously...
9-15-2022 Newshound/Intel Guru Breitling Let's talk about Iraq and the threat for Iraq to add value or not to add value. Right now they're making a ton of money. They're not worried about it. It doesn't mean they've shelved trying to be Swift compliant and trying to open up their markets to the west. They're still working on that right now.
9-15-2022 Newshound Guru Sandy Ingram Here's why this is important - someone within Parliament wants to implement a new law surrounding finances...it appears the white papers are 100% in effect and the foundation of Iraq is sealed. It does not matter who the next president or prime minister is if the laws of the federal court are followed. Iraq will grow financially regardless of the political environment. [Post 2 of 2]
9-15-2022 Newshound Guru Sandy Ingram Article: "Law proposal includes financial aspects and $100 billion reserves expectations" Iraq has never experienced or witnessed this type of growth before. Iraq expects the currency reserves to reach 100 billion if oil prices remain high until the end of the year. The technical advisor to the prime minister explained that this figure will support the stability of the Iraqi currency. [Post 1 of 2...stay tuned]
9-15-2022 Newshound Guru Samson Article 1: "Al-Kazemi's advisor : The financial surplus may reach 25 trillion dinars at the end of the year" Quote: "...while noting that the inflation rate rose 10 times due to the change in the exchange rate." Article 2: "Oil pushes Iraq's cash reserves to a historic high" Quote: "The country's reserves have reached the highest level achieved by the central bank since 2003,..gold reserves exceeded 130.4 tons, worth $7 billion, bringing Iraq to the thirtieth place globally and fourth in the Arab world..."
9-15-2022 Intel Guru MarkZ [via PDK] Regarding the new $5 dinar note…there is a 1981 note that looks very similar. The old notes have a watermark and the new notes have security features and a holographic watermark...
I have been deep diving on this with other people around the globe to make sure we give accurate information. I am certain these are new notes being talked about.
9-15-2022 Intel Guru Bruce [via WiserNow] Iraq, who has brought out their new Iraqi dinar and we had three confirmations all from Iraq, that they have been using that new currency and exchanging Iraqi dinar since Sunday in the Middle East...the term for the new Iraqi dinar in the Middle East is the “Golden Dinar”. That is the currency that is going to be used between all of the Middle Eastern countries as sort of the go to currency for the Middle East, doesn't mean the other countries won't have their own currencies - But the golden dinar is recognized as so strong, that it's going to be used as a currency.
9-15-2022 Intel Guru Frank26 A picture of a five Iraqi dinar. Everybody's saying, 'Look there's a new small category note. There is no zeros on there. That's a five.' All you have to do is look at the batch number. Blow it up and you can see the batch number and then you'll know exactly those are from the Saddam/Swiss era...
9-15-2022 Newshound Guru Pimpy [Response to Guru Nader's 5 dinar note video below...] Let's take a look at it...this is a bill...As a collector this is exactly how I'd love to see it - Nice, flat, crisp, centered, no marks, no folds, nothing and a protector just like this. But that's just it. It's a collectable people. This is from the 1980s. This is not a new bill...(See eBay - Iraq P-70 5 dinars year 1980 Waterfall Uncirculated Banknote )...it's a beautiful note. I like the colors but sorry people that is not a new banknote... [Post 2 of 2]
9-15-2022 Newshound Guru Pimpy [Response to Guru Nader's 5 dinar note video shown below] And the crowd goes wild! Apparently a new lower denominated dinar is flying around the dinar community. People are celebrating...If indeed the central bank was issuing five dinar bills well then that would mean the dinar exchange rate would have to be up there high enough to give us some type of value. Who knows maybe...1 dinar for 1 U.S. dollar. Maybe 2 U.S. dollars for 1 dinar...if a lower denomination was indeed issued then that would mean that a rate change is coming and that's what everybody's excited about... [Post 1 of 2]
9-15-2022 Guru Nader From The Mid East I just published a video with...the 5 dinar banknote. [see video below] But I don't know if it's the real thing or not. I have no idea. The guy took the video and sent it to me. I was excited to see it...and I wanted everybody to see it...the only thing he said, the new notes will not be out before 2023. We'll see what's going on. He's my friend. He's from Iraq. He works in a bank... [Note: Previous guru posts are below the video...]
9-15-2022 Intel Guru MarkZ [via PDK] It was exceptionally quiet overnight on the RV front...we are still waiting on the timing... A couple large groups let me know yesterday that things are still moving and to stay confident….
9-15-2022 Newshound Guru Clare Article 1 "The Central Bank separates the work of the Deposit Insurance Company, the development of the payments system, and cooperation with major international banks" Article: 2 "The Central Bank announces international cooperation with Iraqi banks" GREAT ARTICLE! The Central Bank announces international cooperation with Iraqi banks.
9-15-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] One is preparing to return back [to Middle East ]. The other is saying because he has to run the bank that he owns. They're in the process of training the tellers. They are still on target to try to open by the end of this month into the first week of next month...the one who is staying bought some land. Actually he bought a lot of land and he is going to build a home. He has to say here. He has to run that bank. It's serious. They are treating it seriously...
9-15-2022 Newshound/Intel Guru Breitling Let's talk about Iraq and the threat for Iraq to add value or not to add value. Right now they're making a ton of money. They're not worried about it. It doesn't mean they've shelved trying to be Swift compliant and trying to open up their markets to the west. They're still working on that right now.
9-15-2022 Newshound Guru Sandy Ingram Here's why this is important - someone within Parliament wants to implement a new law surrounding finances...it appears the white papers are 100% in effect and the foundation of Iraq is sealed. It does not matter who the next president or prime minister is if the laws of the federal court are followed. Iraq will grow financially regardless of the political environment. [Post 2 of 2]
9-15-2022 Newshound Guru Sandy Ingram Article: "Law proposal includes financial aspects and $100 billion reserves expectations" Iraq has never experienced or witnessed this type of growth before. Iraq expects the currency reserves to reach 100 billion if oil prices remain high until the end of the year. The technical advisor to the prime minister explained that this figure will support the stability of the Iraqi currency. [Post 1 of 2...stay tuned]
9-15-2022 Newshound Guru Samson Article 1: "Al-Kazemi's advisor : The financial surplus may reach 25 trillion dinars at the end of the year" Quote: "...while noting that the inflation rate rose 10 times due to the change in the exchange rate." Article 2: "Oil pushes Iraq's cash reserves to a historic high" Quote: "The country's reserves have reached the highest level achieved by the central bank since 2003,..gold reserves exceeded 130.4 tons, worth $7 billion, bringing Iraq to the thirtieth place globally and fourth in the Arab world..."
9-15-2022 Intel Guru MarkZ [via PDK] Regarding the new $5 dinar note…there is a 1981 note that looks very similar. The old notes have a watermark and the new notes have security features and a holographic watermark...
I have been deep diving on this with other people around the globe to make sure we give accurate information. I am certain these are new notes being talked about.
9-15-2022 Intel Guru Bruce [via WiserNow] Iraq, who has brought out their new Iraqi dinar and we had three confirmations all from Iraq, that they have been using that new currency and exchanging Iraqi dinar since Sunday in the Middle East...the term for the new Iraqi dinar in the Middle East is the “Golden Dinar”. That is the currency that is going to be used between all of the Middle Eastern countries as sort of the go to currency for the Middle East, doesn't mean the other countries won't have their own currencies - But the golden dinar is recognized as so strong, that it's going to be used as a currency.
9-15-2022 Intel Guru Frank26 A picture of a five Iraqi dinar. Everybody's saying, 'Look there's a new small category note. There is no zeros on there. That's a five.' All you have to do is look at the batch number. Blow it up and you can see the batch number and then you'll know exactly those are from the Saddam/Swiss era...
9-15-2022 Newshound Guru Pimpy [Response to Guru Nader's 5 dinar note video below...] Let's take a look at it...this is a bill...As a collector this is exactly how I'd love to see it - Nice, flat, crisp, centered, no marks, no folds, nothing and a protector just like this. But that's just it. It's a collectable people. This is from the 1980s. This is not a new bill...(See eBay - Iraq P-70 5 dinars year 1980 Waterfall Uncirculated Banknote )...it's a beautiful note. I like the colors but sorry people that is not a new banknote... [Post 2 of 2]
9-15-2022 Newshound Guru Pimpy [Response to Guru Nader's 5 dinar note video shown below] And the crowd goes wild! Apparently a new lower denominated dinar is flying around the dinar community. People are celebrating...If indeed the central bank was issuing five dinar bills well then that would mean the dinar exchange rate would have to be up there high enough to give us some type of value. Who knows maybe...1 dinar for 1 U.S. dollar. Maybe 2 U.S. dollars for 1 dinar...if a lower denomination was indeed issued then that would mean that a rate change is coming and that's what everybody's excited about... [Post 1 of 2]
9-15-2022 Guru Nader From The Mid East I just published a video with...the 5 dinar banknote. [see video below] But I don't know if it's the real thing or not. I have no idea. The guy took the video and sent it to me. I was excited to see it...and I wanted everybody to see it...the only thing he said, the new notes will not be out before 2023. We'll see what's going on. He's my friend. He's from Iraq. He works in a bank... [Note: Previous guru posts are below the video...]
9-15-2022 Intel/Newshound Guru RVAlready Interesting situation. Sounds more and more that UN will force an agreement for the good of Iraq.
9-14-2022 Newshound Guru Pimpy Article: "America reveals the meeting of 11 embassies to support Iraq" This is the international community coming together to do what they can to squash the issue going on in Iraq. I'm going to be curious to see who it is they support whether it is a Sadrist movement who...wants to make sure that the country is ran by the people. Or are they going to support somebody like Maliki, a corrupt government, which is actually who the New World Order likes to have in power because they're easy to control...
9-14-2022 Intel Guru Bruce [via WiserNow] ...it looks like they're trying to get to...where we get our notifications and our start of exchanges...I'm gonna say any day, we've been told by some sources it's so close. It's extremely close...We know the exchanges are already happening on dinar and other parts of the world - and it's just up to us to get started next... So...I'm pretty excited about all that...so let's see what happens...
9-14-2022 Intel Guru Frank26 Article: "Al-Sadr warns that the crowd and the "brigades" will take over the security of the Arbaeen visit: the consequences may not be dire if this is done" This is the second example you've seen where the leaders of Iraq are preparing the Iraqi citizens for the 17th... [See Guru Frank's post for 9-12-2021 below]
9-14-2022 Newshound Guru Clare Article: "A government advisor clarifies the possibility of submitting a law proposal that includes a financial aspect" Quote: "We expect the reserve to reach 100 billion if oil prices remain high until the end of the year," explaining that "this figure will support the stability of the Iraqi currency."
9-14-2022 Newshound Guru Breitling If you look at the news for the average person in Iraq it's horrible for them because it's back and forth between the Sunni and Shia. But you and I are not watching what's going on socially in Iraq. That does not dictate how they're going to expand their markets...
9-14-2022 Guru Nader From The Mid East They know Kazemi and Seleh they're gonna stay in power at least for another year.
9-14-2022 Newshound Guru Samson Articles: 1. "A major diplomatic meeting at the US Embassy in Baghdad...and revealed its goals" 2. "America reveals the meeting of 11 embassies to support Iraq" Quote: "We support economic reform and a strong private sector that creates more job opportunities for the Iraqi people, more investment opportunities, and a prosperous Iraq,..."
9-14-2022 Intel Guru MarkZ [via PDK] ...The news is giving us clear indicators that the necessity is now for a reset. Not weeks from now…not months from now…not years from now…but days at the most…the news all over the world is pointing to this happening at “any moment” ...but there is very little to nothing coming out of Iraq and redemption centers…
9-14-2022 Newshound Guru Pimpy Article: "The governor of the Central Bank Discusses With The European Union The File of The Iraqi Economy" Quote: "The ambassador of the European Union praised the efforts of the central bank to remove Iraq from the European list of high-risk countries..." So they're still on the list and we will see articles from time to time in which Iraq is doing all the steps necessary to make sure they're removed from the list...
9-14-2022 Intel Guru Frank26 Article: "Central Bank Governor: The value of the dinar is stable, and we are in the process of raising Iraq from the high-risk counties" Behold the birth of the international stable Iraqi dinar...what does it say that I love so much? The governor of the Central Bank of Iraq tells the citizens of Iraq "Work is currently underway with a number of sober International banks to create the necessary ground for banking cooperation with Iraqi banks" ...this is amazing!
9-14-2022 Newshound/Intel Guru Mnt Goat So as foreign investors in the Iraqi dinar we sit and we wait to see what happens in the conclusion of this ongoing election saga. ...you can clearly see that it is Nori al-Maliki who is keeping the issue of the president and the prime minister unresolved. He is the key to settling this election... He is the bottleneck...The World Bank tells us it is ready to support the reforms as in the White Paper. We know what this means but Iraq needs a government to do move ahead.
9-14-2022 Intel Guru Bruce [via WiserNow] ...it looks like they're trying to get to...where we get our notifications and our start of exchanges...I'm gonna say any day, we've been told by some sources it's so close. It's extremely close...We know the exchanges are already happening on dinar and other parts of the world - and it's just up to us to get started next... So...I'm pretty excited about all that...so let's see what happens...
9-14-2022 Intel Guru Frank26 Article: "Al-Sadr warns that the crowd and the "brigades" will take over the security of the Arbaeen visit: the consequences may not be dire if this is done" This is the second example you've seen where the leaders of Iraq are preparing the Iraqi citizens for the 17th... [See Guru Frank's post for 9-12-2021 below]
9-14-2022 Newshound Guru Clare Article: "A government advisor clarifies the possibility of submitting a law proposal that includes a financial aspect" Quote: "We expect the reserve to reach 100 billion if oil prices remain high until the end of the year," explaining that "this figure will support the stability of the Iraqi currency."
9-14-2022 Newshound Guru Breitling If you look at the news for the average person in Iraq it's horrible for them because it's back and forth between the Sunni and Shia. But you and I are not watching what's going on socially in Iraq. That does not dictate how they're going to expand their markets...
9-14-2022 Guru Nader From The Mid East They know Kazemi and Seleh they're gonna stay in power at least for another year.
9-14-2022 Newshound Guru Samson Articles: 1. "A major diplomatic meeting at the US Embassy in Baghdad...and revealed its goals" 2. "America reveals the meeting of 11 embassies to support Iraq" Quote: "We support economic reform and a strong private sector that creates more job opportunities for the Iraqi people, more investment opportunities, and a prosperous Iraq,..."
9-14-2022 Intel Guru MarkZ [via PDK] ...The news is giving us clear indicators that the necessity is now for a reset. Not weeks from now…not months from now…not years from now…but days at the most…the news all over the world is pointing to this happening at “any moment” ...but there is very little to nothing coming out of Iraq and redemption centers…
9-14-2022 Newshound Guru Pimpy Article: "The governor of the Central Bank Discusses With The European Union The File of The Iraqi Economy" Quote: "The ambassador of the European Union praised the efforts of the central bank to remove Iraq from the European list of high-risk countries..." So they're still on the list and we will see articles from time to time in which Iraq is doing all the steps necessary to make sure they're removed from the list...
9-14-2022 Intel Guru Frank26 Article: "Central Bank Governor: The value of the dinar is stable, and we are in the process of raising Iraq from the high-risk counties" Behold the birth of the international stable Iraqi dinar...what does it say that I love so much? The governor of the Central Bank of Iraq tells the citizens of Iraq "Work is currently underway with a number of sober International banks to create the necessary ground for banking cooperation with Iraqi banks" ...this is amazing!
9-14-2022 Newshound/Intel Guru Mnt Goat So as foreign investors in the Iraqi dinar we sit and we wait to see what happens in the conclusion of this ongoing election saga. ...you can clearly see that it is Nori al-Maliki who is keeping the issue of the president and the prime minister unresolved. He is the key to settling this election... He is the bottleneck...The World Bank tells us it is ready to support the reforms as in the White Paper. We know what this means but Iraq needs a government to do move ahead.
9-13-2022 Intel Guru Frank26 Article: "Barzani's party reveals an international move to stop the possible armed conflict after the forty" Who told you about the 17th? ...Is there anybody that talks about the 17th? No. [Frank26's boots on the ground contract reported last week that Sadr warned if the parliament was not dissolved by the 17th it would be doomsday - See Frank's post 9-9-2022] ...I don't think we're going to have the conflict that we're looking for on the 17th going into the 18th.
9-13-2022 Guru Nader From The Mid East Next week they'll come out and say, 'Hey the reserve it's at 90-95 billion now.' Be ready for that too. The gold is going to go up by next week too...
9-13-2022 Newshound Guru Breitling You've got to get it out of your head that there's a group in Iraq somewhere that doesn't want them to revalue their currency...which countries would not want Iraq to get into the Swift system? That would be Russia and China. So if there's any negative news I haven't seen any of it. The dinar crowd is so small, Russia and China hasn't put any effort or money into degrading Iraq's chances...
9-13-2022 Intel Guru MarkZ [via PDK] [Nader said European banks are about to begin receiving and exchanging the dinar…. When will the US start?] [reference Guru Nader From The Mid East post 9-12-2022 below.] Remember this does not mean the value has changed yet…just that these are banks that previously would not deal with the Iraqi dinar at all…now will… Which means the dinar is still at the same value it is today…waiting on the rate to change. But, that they are accepting it now is huge progress…but does not mean they are exchanging in Europe for a higher value…yet. They have to be able to accept and exchange it when the time comes…so its still good news.
9-13-2022 Newshound Guru Kaperoni If the Iraqi dinar is ever going to go up in value, it's going to take a lot of work for Iraq. The formation of a government, passing of laws through parliament and encouragement of investment in order to diversify their economy away from oil.
9-13-2022 Newshound Guru Sandy Ingram Article: "Governor of the Central Bank: The value of the dinar is stable and we are in the process or raising Iraq from high-risk countries" This story was on the front page of a major news portal in Iraq...the bank is in the process of raising Iraq from high-risk countries according to the classification or the European Union...I am not sure what that statement means but...it looks like Iraq is sending a message...everything is okay...
9-13-2022 Newshound Guru Pimpy Now you can't get a budget. You haven't formed a government. You're on the brink of civil war. Although Iraq is benefiting from high oil prices - They continue to increase their federal reserves at the same time increasing their gold holdings which are both very good but again you still have a major obstacle right here in your way...the government...I know this is a rough ride but it will end one way or the other... [Post 2 of 2]
9-13-2022 Newshound Guru Pimpy Until this [Seated government] mess gets cleared up you're not going to see any real changes to the Iraqi dinar. I know people don't want to hear that...how are you going to change the value of the Iraqi dinar when you're too reliant on oil to provide 95% of your government budget. That hasn't changed. They were well on their way of starting to build the private and public sectors until this mess happened. [Post 1 of 2....stay tuned]
9-13-2022 Intel Guru MarkZ [via PDK] Many more reports tier 3...folks getting paid, but I still don’t have somebody that I feel comfortable telling all you guys that 100% they have spendable money yet. But we are still getting multiple reports on that front. We continue to hear very positive things out of Iraq. Article: “The Governor of the Central Bank discusses with the European Union the file of the Iraqi economy” We continue to see open negotiations with Iraq and many countries around the world about changing that rate value and economic reforms. We don’t know the timing but we are close…on the precipice.
9-13-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor is on the news saying all is well and Iraq has new plans and meeting with the European Union went very good. FRANK: All the telltale signs are there. You can read the writing on the wall...notice how they focus on the reforms and they ignore the political non-sense. That's what the CBI governor just did...
9-13-2022 Newshound Guru Samson Article: "Central Bank Governor: The value of the dinar is stable, and we are in the process of raising Iraq from the high-risk countries" Quote: "...the bank is in the process of raising Iraq from the “high-risk” countries according to the European Union classification, pointing to maintaining the stability of the value of the dinar “significantly."
9-13-2022 Intel Guru MarkZ [via PDK] We have some key things happening in Iraq. “The World Bank is ready to support economic reforms in Iraq” This one is important and it goes along with a couple things we have seen. What are part of the reforms? A different value.
9-13-2022 Guru Nader From The Mid East Next week they'll come out and say, 'Hey the reserve it's at 90-95 billion now.' Be ready for that too. The gold is going to go up by next week too...
9-13-2022 Newshound Guru Breitling You've got to get it out of your head that there's a group in Iraq somewhere that doesn't want them to revalue their currency...which countries would not want Iraq to get into the Swift system? That would be Russia and China. So if there's any negative news I haven't seen any of it. The dinar crowd is so small, Russia and China hasn't put any effort or money into degrading Iraq's chances...
9-13-2022 Intel Guru MarkZ [via PDK] [Nader said European banks are about to begin receiving and exchanging the dinar…. When will the US start?] [reference Guru Nader From The Mid East post 9-12-2022 below.] Remember this does not mean the value has changed yet…just that these are banks that previously would not deal with the Iraqi dinar at all…now will… Which means the dinar is still at the same value it is today…waiting on the rate to change. But, that they are accepting it now is huge progress…but does not mean they are exchanging in Europe for a higher value…yet. They have to be able to accept and exchange it when the time comes…so its still good news.
9-13-2022 Newshound Guru Kaperoni If the Iraqi dinar is ever going to go up in value, it's going to take a lot of work for Iraq. The formation of a government, passing of laws through parliament and encouragement of investment in order to diversify their economy away from oil.
9-13-2022 Newshound Guru Sandy Ingram Article: "Governor of the Central Bank: The value of the dinar is stable and we are in the process or raising Iraq from high-risk countries" This story was on the front page of a major news portal in Iraq...the bank is in the process of raising Iraq from high-risk countries according to the classification or the European Union...I am not sure what that statement means but...it looks like Iraq is sending a message...everything is okay...
9-13-2022 Newshound Guru Pimpy Now you can't get a budget. You haven't formed a government. You're on the brink of civil war. Although Iraq is benefiting from high oil prices - They continue to increase their federal reserves at the same time increasing their gold holdings which are both very good but again you still have a major obstacle right here in your way...the government...I know this is a rough ride but it will end one way or the other... [Post 2 of 2]
9-13-2022 Newshound Guru Pimpy Until this [Seated government] mess gets cleared up you're not going to see any real changes to the Iraqi dinar. I know people don't want to hear that...how are you going to change the value of the Iraqi dinar when you're too reliant on oil to provide 95% of your government budget. That hasn't changed. They were well on their way of starting to build the private and public sectors until this mess happened. [Post 1 of 2....stay tuned]
9-13-2022 Intel Guru MarkZ [via PDK] Many more reports tier 3...folks getting paid, but I still don’t have somebody that I feel comfortable telling all you guys that 100% they have spendable money yet. But we are still getting multiple reports on that front. We continue to hear very positive things out of Iraq. Article: “The Governor of the Central Bank discusses with the European Union the file of the Iraqi economy” We continue to see open negotiations with Iraq and many countries around the world about changing that rate value and economic reforms. We don’t know the timing but we are close…on the precipice.
9-13-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor is on the news saying all is well and Iraq has new plans and meeting with the European Union went very good. FRANK: All the telltale signs are there. You can read the writing on the wall...notice how they focus on the reforms and they ignore the political non-sense. That's what the CBI governor just did...
9-13-2022 Newshound Guru Samson Article: "Central Bank Governor: The value of the dinar is stable, and we are in the process of raising Iraq from the high-risk countries" Quote: "...the bank is in the process of raising Iraq from the “high-risk” countries according to the European Union classification, pointing to maintaining the stability of the value of the dinar “significantly."
9-13-2022 Intel Guru MarkZ [via PDK] We have some key things happening in Iraq. “The World Bank is ready to support economic reforms in Iraq” This one is important and it goes along with a couple things we have seen. What are part of the reforms? A different value.
9-12-2022 Newshound Guru Pimpy Article: "Iraqi gold reserves rise to 131 tons" We're seeing Iraq increase their gold holdings more and more. This only strengthens the currency...it's nice to see Iraq increase their reserves. It's nice to see Iraq increase their gold holdings. Both do a great job of strengthening the Iraqi dinar so that when they finally go to make the exchange rate change they will be protected. But until that country is stable that's not going to happen.
9-12-2022 Intel Guru MarkZ [via PDK] Today you saw Nader talk about banks in Europe accepting dinar... [reference Guru Nader post 9-12-22] Why is this important? It is important because this is a mechanism they will need in order to take it when the value changes. This is really big and this is what we are watching start in Europe. I am guessing we will see the same thing in the US in the next day or two. When you used to ask your bank “Do you have Iraqi dinar” and they would say “no –we don’t deal with that at all” That is what is changing and that is big. Even though the value hasn’t changed yet…it’s a step toward that. They need to change policies first and then the value changes…that is what we are watching.
9-12-2022 Newshound Guru Sandy Ingram Article: "Roads, border jammed as millions of Iranian pilgrims head to Iraq" We are learning that tourism is providing a vast amount of income for Iraq...
9-12-2022 Intel Guru Frank26 I told you our government is roaming the surface of all 50 states looking to devour you. Whatever it takes. Women, children, grand parents, grand old people doesn't matter. This is a monster machine that is going to be released...you got to get ready. You think winning the lottery is easy? It's the most stressful thing you could ever go through... you need to be ready because they're coming after you to destroy you. You don't think they know about Iraq? You don't think they know how many citizens of America have dinars? ... they got 80,000 [New IRS agents] to go after you... [Note: Consult your tax professionals to determine your taxes based on your unique circumstances.]
9-12-2022 Newshound Guru Samson Article: "The highest since 2003.. the Iraqi Central announces a rise in foreign reserves" Quote: "its foreign reserves have reached more than (85) billion US dollars, which is the highest level achieved by the Central Bank since 2003...Gold reserves also with the Central Bank exceeded (130.4) tons, with a value of (7) billion dollars, bringing Iraq to the thirtieth place globally and fourth in the Arab world."
9-12-2022 Intel Guru MarkZ [via PDK] I do not have a positive confirmation yet though. I am hearing it from multiple sources...So far I am getting is folks saying they can’t tell me…they are under an NDA...it is going to be minute to minute over the next couple of days as we try to determine what is moving and what is not moving. I think it’s exciting though that we are getting this many reports...this is getting fun because the chatter is unreal. [post 2 of 2]
9-12-2022 Intel Guru MarkZ [via PDK] Iraq continues to progress...We are getting reports...that they have started paying out some deals with Iraqi dinar...this morning in Europe...They could be pre-buys....aggregators that are grabbing them up …saying (example) I will give you $3.61 (example) because they know it could be over $4 (example) then the aggregators make more profit when it resets…So it could be something like that…to me that is most likely what we are seeing…Those deals are perfectly legal... [post 1 of 2....stay tuned]
9-12-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] One of the two gentlemen are staying permanently. He is looking for a house to buy in the state where he is putting his [CBI satellite] bank...These two gentlemen are not unique. There are IMO at least 10 more gentlemen doing the same thing with other nations' banks... there are going to be many blessed Iraqis abroad.
9-12-2022 Guru Nader From The Mid East I don't know if you saw the news this morning...they start exchanging money with the European countries. That mean you can walk to France or Germany or Italy, any European country and exchange your dinar. The bank in Europe soon will be accepting it. If they come out with this news 'we plan to develop something with European Union.' That means they already did it and they're just waiting for the execution...
9-12-2022 Newshound Guru Pimpy Article: "Kushner: Al-Abadi asked for US protection in exchange for money" I don't know how to even digest what is going said here...Kushner this is Donald Trump's son-in-law...and advisor..."revealed in his memoirs Breaking History...they could get 20% of Iraq's oil revenues in exchange for providing military support to Iraq but the Ministry of Foreign Affairs and Defense prevented that..." ....
9-12-2022 Intel Guru MarkZ [via PDK] Today you saw Nader talk about banks in Europe accepting dinar... [reference Guru Nader post 9-12-22] Why is this important? It is important because this is a mechanism they will need in order to take it when the value changes. This is really big and this is what we are watching start in Europe. I am guessing we will see the same thing in the US in the next day or two. When you used to ask your bank “Do you have Iraqi dinar” and they would say “no –we don’t deal with that at all” That is what is changing and that is big. Even though the value hasn’t changed yet…it’s a step toward that. They need to change policies first and then the value changes…that is what we are watching.
9-12-2022 Newshound Guru Sandy Ingram Article: "Roads, border jammed as millions of Iranian pilgrims head to Iraq" We are learning that tourism is providing a vast amount of income for Iraq...
9-12-2022 Intel Guru Frank26 I told you our government is roaming the surface of all 50 states looking to devour you. Whatever it takes. Women, children, grand parents, grand old people doesn't matter. This is a monster machine that is going to be released...you got to get ready. You think winning the lottery is easy? It's the most stressful thing you could ever go through... you need to be ready because they're coming after you to destroy you. You don't think they know about Iraq? You don't think they know how many citizens of America have dinars? ... they got 80,000 [New IRS agents] to go after you... [Note: Consult your tax professionals to determine your taxes based on your unique circumstances.]
9-12-2022 Newshound Guru Samson Article: "The highest since 2003.. the Iraqi Central announces a rise in foreign reserves" Quote: "its foreign reserves have reached more than (85) billion US dollars, which is the highest level achieved by the Central Bank since 2003...Gold reserves also with the Central Bank exceeded (130.4) tons, with a value of (7) billion dollars, bringing Iraq to the thirtieth place globally and fourth in the Arab world."
9-12-2022 Intel Guru MarkZ [via PDK] I do not have a positive confirmation yet though. I am hearing it from multiple sources...So far I am getting is folks saying they can’t tell me…they are under an NDA...it is going to be minute to minute over the next couple of days as we try to determine what is moving and what is not moving. I think it’s exciting though that we are getting this many reports...this is getting fun because the chatter is unreal. [post 2 of 2]
9-12-2022 Intel Guru MarkZ [via PDK] Iraq continues to progress...We are getting reports...that they have started paying out some deals with Iraqi dinar...this morning in Europe...They could be pre-buys....aggregators that are grabbing them up …saying (example) I will give you $3.61 (example) because they know it could be over $4 (example) then the aggregators make more profit when it resets…So it could be something like that…to me that is most likely what we are seeing…Those deals are perfectly legal... [post 1 of 2....stay tuned]
9-12-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] One of the two gentlemen are staying permanently. He is looking for a house to buy in the state where he is putting his [CBI satellite] bank...These two gentlemen are not unique. There are IMO at least 10 more gentlemen doing the same thing with other nations' banks... there are going to be many blessed Iraqis abroad.
9-12-2022 Guru Nader From The Mid East I don't know if you saw the news this morning...they start exchanging money with the European countries. That mean you can walk to France or Germany or Italy, any European country and exchange your dinar. The bank in Europe soon will be accepting it. If they come out with this news 'we plan to develop something with European Union.' That means they already did it and they're just waiting for the execution...
9-12-2022 Newshound Guru Pimpy Article: "Kushner: Al-Abadi asked for US protection in exchange for money" I don't know how to even digest what is going said here...Kushner this is Donald Trump's son-in-law...and advisor..."revealed in his memoirs Breaking History...they could get 20% of Iraq's oil revenues in exchange for providing military support to Iraq but the Ministry of Foreign Affairs and Defense prevented that..." ....
9-11-2022 Intel Guru Frank26 And you say to them, 'I'd like to convert thees 3-zero Iraqi notes into American dollar please.' - 'Oh, we can do that! That's what we're here for.' Once they take your 3-zero notes where will the satellite bank of Iraq send those 3-zero notes? It goes to the Central Bank of Iraq. It goes to their reserves. It goes to their treasury. It does not go the US Treasury because it is not an American bank. [Post 2 of 2]
9-11-2022 Intel Guru Frank26 [Exchange Example] If you as an American citizen go to Bank of America and they exchange your 3 zero Iraqi notes for American dollars into your account where does the BOA put your 3-zero notes they just exchanged? Where does it go? The treasury. Let's say you go into one of those [CBI] satellite banks for Iraq here in one of the continental states... [Post 1 of 2]
9-11-2022 Newshound Guru Militiaman ...We all know that the IQD will likely fall within a basket at the AMF...The BUNA article today supports that within 2-3 weeks there will be more currencies going on-line with it...Once the IQD with an international calculation is applied and it is 100% IMF Article VIII compliant and placed into the basket...that value will be reflected in the balance sheets of the the other countries that have IQD...
9-11-2022 Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Can you deposit both American dollars and Iraqi dinar in those [CBI 'Satellite' US] banks? No. I told you they're under American banking laws. You can't have dual currencies in one account in an American bank.
9-11-2022 Newshound Guru Sandy Ingram It appears the US is on the hook for returning Iraq to its previous status of glory. Yet there are factions in Iraq working against Iraq's status as an independent nation... U.S. assistant Secretary of State for middle eastern affairs Barbara Leaf...did fly into Baghdad to meet with the Prime Minister of Iraq.... [Post 2 of 2]
9-11-2022 Newshound Guru Sandy Ingram Here's what you may want to understand as an Iraqi dinar investor. There is an official on the books agreement signed between the United States government and the Iraqi government...it went into effect Jan 1, 2009. This agreement surrounds the process by which Iraq is to recover its full sovereignty. [Post 1 of 2....stay tuned]
9-11-2022 Newshound/Intel Guru Breitling The Shia aren't against that. The Sunni aren't against that. They're just trying to find out who is going to control it...the turmoil going on in Iraq is not a threat to them adding value to the Iraqi dinar because...what they want to be able to do is expand their market. To expand it they need to be able to have more customers. How do you have more customers? You got to have a payment system and that payment system is the Swift system. That is what Iraq is concentrating on. They haven't gone backwards they've only gone forwards. [Post 2 of 2]
9-11-2022 Newshound/Intel Guru Breitling Iraq is trying to expand their markets. How do we know Iraq is trying to expand their markets and they're pro west? ...they're trying to become Swift compliant. That means they'll have access to western markets...It only makes sense to become swift compliant if you have your own currency with value behind it...What does that technically mean? It means Iraq has their own currency... [Post 1 of 2....stay tuned]
9-11-2022 Newshound Guru Pimpy This stalemate seems to have no end in sight. You keep seeing articles where they're saying Sadr alliance group wants to go ahead and form the government and then in other articles they say they're not budging. They keep saying they're going to apply the constitution but the constitution...has caused this deadlock...Sadr said he and his block would retire for one purpose and one purpose only and that would be to dissolve the parliament...
9-11-2022 Newshound Guru Samson [Behind the curtain report] Article: "Kushner: Al-Abadi asked for US protection in exchange for money" Quote: "Jared Kushner, revealed that former Iraqi Prime Minister Haider al-Abadi expressed, in a meeting between them, during a visit to Iraq...his willingness to "give some money in exchange for protection that provided by the United States,”...Kushner revealed in his memoir “Breaking History,” which was released in late August, that they could “get 20% of Iraqi oil revenues, in exchange for providing military support to Iraq,” but the Ministries of Foreign Affairs and Defense prevented that."
9-11-2022 Intel Guru Michael Cottrell [via PDK] I have been hearing things from the military side...that is very exciting but, I am cautious. I have seen this before. I am trying not to get overly excited.
9-11-2022 Intel Guru Frank26 [Exchange Example] If you as an American citizen go to Bank of America and they exchange your 3 zero Iraqi notes for American dollars into your account where does the BOA put your 3-zero notes they just exchanged? Where does it go? The treasury. Let's say you go into one of those [CBI] satellite banks for Iraq here in one of the continental states... [Post 1 of 2]
9-11-2022 Newshound Guru Militiaman ...We all know that the IQD will likely fall within a basket at the AMF...The BUNA article today supports that within 2-3 weeks there will be more currencies going on-line with it...Once the IQD with an international calculation is applied and it is 100% IMF Article VIII compliant and placed into the basket...that value will be reflected in the balance sheets of the the other countries that have IQD...
9-11-2022 Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Can you deposit both American dollars and Iraqi dinar in those [CBI 'Satellite' US] banks? No. I told you they're under American banking laws. You can't have dual currencies in one account in an American bank.
9-11-2022 Newshound Guru Sandy Ingram It appears the US is on the hook for returning Iraq to its previous status of glory. Yet there are factions in Iraq working against Iraq's status as an independent nation... U.S. assistant Secretary of State for middle eastern affairs Barbara Leaf...did fly into Baghdad to meet with the Prime Minister of Iraq.... [Post 2 of 2]
9-11-2022 Newshound Guru Sandy Ingram Here's what you may want to understand as an Iraqi dinar investor. There is an official on the books agreement signed between the United States government and the Iraqi government...it went into effect Jan 1, 2009. This agreement surrounds the process by which Iraq is to recover its full sovereignty. [Post 1 of 2....stay tuned]
9-11-2022 Newshound/Intel Guru Breitling The Shia aren't against that. The Sunni aren't against that. They're just trying to find out who is going to control it...the turmoil going on in Iraq is not a threat to them adding value to the Iraqi dinar because...what they want to be able to do is expand their market. To expand it they need to be able to have more customers. How do you have more customers? You got to have a payment system and that payment system is the Swift system. That is what Iraq is concentrating on. They haven't gone backwards they've only gone forwards. [Post 2 of 2]
9-11-2022 Newshound/Intel Guru Breitling Iraq is trying to expand their markets. How do we know Iraq is trying to expand their markets and they're pro west? ...they're trying to become Swift compliant. That means they'll have access to western markets...It only makes sense to become swift compliant if you have your own currency with value behind it...What does that technically mean? It means Iraq has their own currency... [Post 1 of 2....stay tuned]
9-11-2022 Newshound Guru Pimpy This stalemate seems to have no end in sight. You keep seeing articles where they're saying Sadr alliance group wants to go ahead and form the government and then in other articles they say they're not budging. They keep saying they're going to apply the constitution but the constitution...has caused this deadlock...Sadr said he and his block would retire for one purpose and one purpose only and that would be to dissolve the parliament...
9-11-2022 Newshound Guru Samson [Behind the curtain report] Article: "Kushner: Al-Abadi asked for US protection in exchange for money" Quote: "Jared Kushner, revealed that former Iraqi Prime Minister Haider al-Abadi expressed, in a meeting between them, during a visit to Iraq...his willingness to "give some money in exchange for protection that provided by the United States,”...Kushner revealed in his memoir “Breaking History,” which was released in late August, that they could “get 20% of Iraqi oil revenues, in exchange for providing military support to Iraq,” but the Ministries of Foreign Affairs and Defense prevented that."
9-11-2022 Intel Guru Michael Cottrell [via PDK] I have been hearing things from the military side...that is very exciting but, I am cautious. I have seen this before. I am trying not to get overly excited.
9-10-2022 Newshound Guru Kaperoni The currency of Iraq the dinar is not a lottery ticket or some arbitrary value. It's based on the economic growth, GDP of the country. You don't change the exchange rate before economic success, you change the exchange rate as a result of economic success.
9-10-2022 Newshound Guru Pimpy I've been evaluating the situation in Iraq and it is a lot worse than we know. It's not just a matter of getting a government formed...there are other things that I see that are extremely positive things that I see that can definitely benefit the Iraqi dinar. It's really sad to see both. The one side of great things happening, things that I think are major steps towards increasing the value of the Iraqi dinar. Then there's a sad part of this and that is really dark shadows moving in and around Iraq...
9-10-2022 Newshound Guru Sandy Ingram Article "Iraq powers agree to work towards snap elections following unrest" Why is this breaking news and what does it have to do with our over 1 million Iraqi dinars I have buried in the backyard? The answer is this. Whoever in in power can either help or hurt the efforts for a revalue, float or whatever Iraq is going to do...Here's what came out of the meeting. They agreed to for a technical committee...with the aim of reaching early elections.
9-10-2022 Newshound Guru Samson Article: "Iraq maintains its 30th rank in the list of major gold hoarders" Quote: "Iraq maintained its global position after it rose 10 ranks last month after purchasing 34 tons of gold to rank 30 out of 100 countries listed in the table with the largest gold reserves, reaching 130.4 tons of gold, which represents 9.5% of the rest of its other reserves."
9-10-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have been without for so long I bet over 50% of the citizens here in Iraq don't even remember the importance of a rate like one to one. It would mean nothing to them until it is explained...everyone here just want 'enough'. To live. To pay bills. To have electricity. To have phones. To make it for their families...Many are calling for a change...We need the international rate change to live to top of expectations. FRANK: I agree...you're going to get there. Sadly you're going through a process that takes time to get there...
9-10-2022 Intel Guru MarkZ [via PDK] I spoke to a number of whales involved in tier 3 and 4a. Man, are they getting leaned on to stay quiet. [WHALES HAVE VERY, VERY LARGE AMOUNTS OF BONDS AND/OR CURRENCY] But my contacts believe that within the next 7-10 days they will be home with spendable money in their pockets. I am hopeful this is accurate because they are very adamant that this is going to be their timing.
9-10-2022 Newshound Guru Militiaman Then we now see...if they are illegitimated then there is no need to return to Parliament, thus, they...would be automatically dissolved. By that, it is seemingly done already and we may just be waiting on a formal announcement...from Kahdimi. He will likely inform everyone about his position and declare a time frame for early elections. I like where we are and what we are seeing. With that done in accordance with the constitution, they'll have legitimacy in the eyes of the region and globally. [Post 2 of 2]
9-10-2022 Newshound Guru Militiaman ...The court has made recommendation to dissolve parliament. They told us that since the HOR was in violation of exceeding the constitutional periods, (For over 10 months.) they would be illegitimate in anything they do except one item, and that is dissolution of the HOR. They mention there was an apparent agreement that took place behind closed doors and it was to dissolve parliament. [Post 1 of 2....stay tuned]
9-10-2022 Newshound/Intel Guru Mnt Goat The concern I have about all this confusion in Iraq is the part about the White Paper...They do not have any funding. They still have the corruption in place with the Iranian puppet politicians and they certainly do not have a functional government either to go forward with many of them...Basically, Iraq needs a functional government to move forward... So any talk about an RV...is all nonsense at this point... The best we can target is January 2023 as this is always on the radar of the CBI...
9-10-2022 Intel Guru Michael Cottrell [via PDK] [People have been asking for a good explanations on the tiers?] There are no tiers... There is no such thing in the Gold Treaty. There are 4 levels. The levels deal with who gets paid first. Countries, institutions, groups. I am at the end of level 3. Once I put the codes in then everyone receives their funds at the same time.
9-10-2022 Newshound Guru Pimpy I've been evaluating the situation in Iraq and it is a lot worse than we know. It's not just a matter of getting a government formed...there are other things that I see that are extremely positive things that I see that can definitely benefit the Iraqi dinar. It's really sad to see both. The one side of great things happening, things that I think are major steps towards increasing the value of the Iraqi dinar. Then there's a sad part of this and that is really dark shadows moving in and around Iraq...
9-10-2022 Newshound Guru Sandy Ingram Article "Iraq powers agree to work towards snap elections following unrest" Why is this breaking news and what does it have to do with our over 1 million Iraqi dinars I have buried in the backyard? The answer is this. Whoever in in power can either help or hurt the efforts for a revalue, float or whatever Iraq is going to do...Here's what came out of the meeting. They agreed to for a technical committee...with the aim of reaching early elections.
9-10-2022 Newshound Guru Samson Article: "Iraq maintains its 30th rank in the list of major gold hoarders" Quote: "Iraq maintained its global position after it rose 10 ranks last month after purchasing 34 tons of gold to rank 30 out of 100 countries listed in the table with the largest gold reserves, reaching 130.4 tons of gold, which represents 9.5% of the rest of its other reserves."
9-10-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have been without for so long I bet over 50% of the citizens here in Iraq don't even remember the importance of a rate like one to one. It would mean nothing to them until it is explained...everyone here just want 'enough'. To live. To pay bills. To have electricity. To have phones. To make it for their families...Many are calling for a change...We need the international rate change to live to top of expectations. FRANK: I agree...you're going to get there. Sadly you're going through a process that takes time to get there...
9-10-2022 Intel Guru MarkZ [via PDK] I spoke to a number of whales involved in tier 3 and 4a. Man, are they getting leaned on to stay quiet. [WHALES HAVE VERY, VERY LARGE AMOUNTS OF BONDS AND/OR CURRENCY] But my contacts believe that within the next 7-10 days they will be home with spendable money in their pockets. I am hopeful this is accurate because they are very adamant that this is going to be their timing.
9-10-2022 Newshound Guru Militiaman Then we now see...if they are illegitimated then there is no need to return to Parliament, thus, they...would be automatically dissolved. By that, it is seemingly done already and we may just be waiting on a formal announcement...from Kahdimi. He will likely inform everyone about his position and declare a time frame for early elections. I like where we are and what we are seeing. With that done in accordance with the constitution, they'll have legitimacy in the eyes of the region and globally. [Post 2 of 2]
9-10-2022 Newshound Guru Militiaman ...The court has made recommendation to dissolve parliament. They told us that since the HOR was in violation of exceeding the constitutional periods, (For over 10 months.) they would be illegitimate in anything they do except one item, and that is dissolution of the HOR. They mention there was an apparent agreement that took place behind closed doors and it was to dissolve parliament. [Post 1 of 2....stay tuned]
9-10-2022 Newshound/Intel Guru Mnt Goat The concern I have about all this confusion in Iraq is the part about the White Paper...They do not have any funding. They still have the corruption in place with the Iranian puppet politicians and they certainly do not have a functional government either to go forward with many of them...Basically, Iraq needs a functional government to move forward... So any talk about an RV...is all nonsense at this point... The best we can target is January 2023 as this is always on the radar of the CBI...
9-10-2022 Intel Guru Michael Cottrell [via PDK] [People have been asking for a good explanations on the tiers?] There are no tiers... There is no such thing in the Gold Treaty. There are 4 levels. The levels deal with who gets paid first. Countries, institutions, groups. I am at the end of level 3. Once I put the codes in then everyone receives their funds at the same time.
9-9-2022 Intel Guru Frank26 Question: [Is Kazemi really coming to the Untied States or is that nonsense?] Kazemi has gone to many different countries that were against him to tell them, 'I am in control of my country. I am in charge of my country.' How many countries has Kazemi gone to? I love the fact that he's saving the best for last. I wish I was a fly on the wall when Kazemi talks to Biden.
9-9-2022 Intel Guru MarkZ [via PDK] It’s quiet on the RV front, but that’s not a negative thing. I got a couple more messages today of more people with NDA’s... I wish I had some overwhelming things to give you…but we are really close.
9-9-2022 Newshound Guru Samson Article: "Despite The Great Challenges ..Achieving Self-Sufficiency For 15 Crops In Iraq" Quote: "Despite the great challenges, Iraq has achieved self-sufficiency for 15 crops for vegetables, and approached self-sufficiency for animal products, especially poultry, by a large percentage,"
9-9-2022 Newshound Guru Pimpy If Al-Kazemi resigns I think that's it for Iraq. You're going to see them go to war with each other. The one person I think people feel pretty comfortable with is Al-Kazemi. If he leaves his position man that's just really bad news...
9-9-2022 Intel Guru Bruce [via WiserNow] Obviously we're looking forward for this to go...We think most of everything we can think of that had needed to happen...Before this goes from what we can tell it's happened. ...the green light from Treasury to Wells Fargo...Yep, it took place...we got confirmation of that...It's been a really good ride and I hope this is the end of it...let's see what develops...through the weekend, could be really a great time for us.
9-9-2022 Newshound Guru Walkingstick [via Frank26] The 17th is definitely a deadline but you have to understand something. The IMF required before they would lift the value of their currency that they had to clean their house. That was part of the many financial agreements that the CBI and the government made with the IMF... [Reference Guru Frank's Iraqi Boots on the Ground update below.]
9-9-2022 Intel Guru Michael Cottrell [via PDK] Question: “Can you explain why the death of the Queen is important for the RV to happen? It would seem that this is the end of the chapter and possibly the book on what has been going on for the last 70 years. And, it’s quite possible that this is the beginning on what’s going to occur –to force us to have the RV. However I still believe it will be in October…but possibly in Sept.
9-9-2022 Intel Guru Frank26 FRANK: Yeah, it sure is coming...We've got 10 days to go. Oh my goodness watch the bad guys...IMO they have a date for the reforms and they have to clean their government of Iran terror as quickly as possible. [post 2 of 2]
9-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The 17th was given for all government officials to resign. If they do not resign by the 17th then all thunder will be released... FRANK: ...a date was given by who?... FIREFLY: Sadr is the one saying we will bring thunder on the 17th if no dissolving of the government. It looks like doomsday is coming. [post 1 of 2....stay tuned]
9-9-2022 Intel Guru MarkZ [via PDK] All my military contacts and all of my DC contacts are downright ecstatic. I know people in groups getting phone calls from the NSA leaning on them to be quiet on timing. Lots of NDA’s rolling through for tier 3 and 4a whales. Nobody yet has any money, but they have not left their locations. Something is close. Everything seems to be coming together in a phenomenal “perfect storm” but we need to manage our expectations. But I am “tentatively” stinking excited though.
9-9-2022 Guru Nader From The Mid East [Corrupting roundup update] In Iraq to keep business going I have to pay every year. I'm not talking about taxes. I'm not talking about permits. I'm talking...you need to get a tax number you have to pay millions of dinars to get it. It doesn't go to the government, it goes to that person who has your papers...otherwise they will not sign them...You will never get your licenses or your tax number or anything like that and you would never start your business. That's what we've been finding out about it...A lot of people saying corruption is everywhere...but you have to have the balls to come out and say it...
9-9-2022 Newshound Guru Sandy Ingram Article: "Iraq's Supreme Court says it cannot dissolve parliament" This was a key demand by Shiite leader al-Sadr and his political block. The question is where will the political path lead next.
9-9-2022 Newshound/Intel Guru Mnt Goat On Wednesday...the Federal Supreme Court rejected, at its session, the lawsuit submitted by the Sadrist movement regarding the dissolution of the House of Representatives...It is good news...Basically, it is saying they threw the burden to the courts to decide...It will have to be the second constitutional means to dissolve it which is for Al-Kazemi and the president Saleh to do it. Why have they not yet done it? ...I believe they were waiting for the court to render it decision first. So, will they now act? We wait and see.
9-9-2022 Intel Guru MarkZ [via PDK] It’s quiet on the RV front, but that’s not a negative thing. I got a couple more messages today of more people with NDA’s... I wish I had some overwhelming things to give you…but we are really close.
9-9-2022 Newshound Guru Samson Article: "Despite The Great Challenges ..Achieving Self-Sufficiency For 15 Crops In Iraq" Quote: "Despite the great challenges, Iraq has achieved self-sufficiency for 15 crops for vegetables, and approached self-sufficiency for animal products, especially poultry, by a large percentage,"
9-9-2022 Newshound Guru Pimpy If Al-Kazemi resigns I think that's it for Iraq. You're going to see them go to war with each other. The one person I think people feel pretty comfortable with is Al-Kazemi. If he leaves his position man that's just really bad news...
9-9-2022 Intel Guru Bruce [via WiserNow] Obviously we're looking forward for this to go...We think most of everything we can think of that had needed to happen...Before this goes from what we can tell it's happened. ...the green light from Treasury to Wells Fargo...Yep, it took place...we got confirmation of that...It's been a really good ride and I hope this is the end of it...let's see what develops...through the weekend, could be really a great time for us.
9-9-2022 Newshound Guru Walkingstick [via Frank26] The 17th is definitely a deadline but you have to understand something. The IMF required before they would lift the value of their currency that they had to clean their house. That was part of the many financial agreements that the CBI and the government made with the IMF... [Reference Guru Frank's Iraqi Boots on the Ground update below.]
9-9-2022 Intel Guru Michael Cottrell [via PDK] Question: “Can you explain why the death of the Queen is important for the RV to happen? It would seem that this is the end of the chapter and possibly the book on what has been going on for the last 70 years. And, it’s quite possible that this is the beginning on what’s going to occur –to force us to have the RV. However I still believe it will be in October…but possibly in Sept.
9-9-2022 Intel Guru Frank26 FRANK: Yeah, it sure is coming...We've got 10 days to go. Oh my goodness watch the bad guys...IMO they have a date for the reforms and they have to clean their government of Iran terror as quickly as possible. [post 2 of 2]
9-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The 17th was given for all government officials to resign. If they do not resign by the 17th then all thunder will be released... FRANK: ...a date was given by who?... FIREFLY: Sadr is the one saying we will bring thunder on the 17th if no dissolving of the government. It looks like doomsday is coming. [post 1 of 2....stay tuned]
9-9-2022 Intel Guru MarkZ [via PDK] All my military contacts and all of my DC contacts are downright ecstatic. I know people in groups getting phone calls from the NSA leaning on them to be quiet on timing. Lots of NDA’s rolling through for tier 3 and 4a whales. Nobody yet has any money, but they have not left their locations. Something is close. Everything seems to be coming together in a phenomenal “perfect storm” but we need to manage our expectations. But I am “tentatively” stinking excited though.
9-9-2022 Guru Nader From The Mid East [Corrupting roundup update] In Iraq to keep business going I have to pay every year. I'm not talking about taxes. I'm not talking about permits. I'm talking...you need to get a tax number you have to pay millions of dinars to get it. It doesn't go to the government, it goes to that person who has your papers...otherwise they will not sign them...You will never get your licenses or your tax number or anything like that and you would never start your business. That's what we've been finding out about it...A lot of people saying corruption is everywhere...but you have to have the balls to come out and say it...
9-9-2022 Newshound Guru Sandy Ingram Article: "Iraq's Supreme Court says it cannot dissolve parliament" This was a key demand by Shiite leader al-Sadr and his political block. The question is where will the political path lead next.
9-9-2022 Newshound/Intel Guru Mnt Goat On Wednesday...the Federal Supreme Court rejected, at its session, the lawsuit submitted by the Sadrist movement regarding the dissolution of the House of Representatives...It is good news...Basically, it is saying they threw the burden to the courts to decide...It will have to be the second constitutional means to dissolve it which is for Al-Kazemi and the president Saleh to do it. Why have they not yet done it? ...I believe they were waiting for the court to render it decision first. So, will they now act? We wait and see.
9-8-2022 Intel Guru MarkZ [via PDK] The big news today of course is the death of the Queen. So many people are telling me this is our “trigger” event. Hopefully by tomorrow we will have some clarity.
9-8-2022 Newshound Guru Pimpy This is good news. Article "Officially.. Iran is offering the Iraqi dinar in its local banks" The more people to use the dinar the more there is a demand for it...this is good. Think supply and demand...If you don't get the supply to cover it then that means the currency goes up in value. So far Iraq has done dang near everything it needed to do to increase the exchange rate of the Iraqi dinar with the exception of having a stable government and a stable economy and avoiding uprisings.
9-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iran is offering and using Iraqi dinars in Iranian banks as of today. FRANK: That's why Kazemi and the leaders of Iraq went over to see the leaders of Iran and tell them you're not in control of my country anymore...if you want to be a part of my country you're welcome too....Mustafa (CBI governor] will be here and he'll tell you what you have to do. You can't steal any longer from our banks or our auctions.
9-8-2022 Newshound Guru Militiaman Article "Kurdistan Retirement releases salaries online next week" They are waiting on an agreement with the banks for a specific mechanism to distribute salaries on the 12th of this month.. Interesting way of putting it. "Specific Mechanism " They will have it all sorted electronically and on the new system.
9-8-2022 Newshound/Intel Guru Walkingstick [via Frank26] Iran knows and has known for a very long time that the Iraqi dinar is about to go up in value. Therefore Iran's attitude is slowly slowly slowly changing - that is better to work with Kazemi and the CBI and Sadr with value than to continue stealing illegally with no value.
9-8-2022 Newshound/Intel Guru Breitling I don't see any articles anywhere from the CBI, those are the ones who manage the Iraq currency, that they are not going to add value to their currency. I have not seen one single article, one word come out of the CBI [saying that]...They're always talking about how they're going add value to their currency. [Post 2 of 2]
9-8-2022 Newshound/Intel Guru Breitling This investment hasn't gone negative. It hasn't gone south...your feelings aren't a reality. The reality is Iraq is moving forward and they're going to add value to their currency. What moment? What day? We can only speculate. But don't go down that rabbit hole of, 'It's never going to happen.' It's garbage. It's bull crap. [Post 1 of 2....stay tuned]
9-8-2022 Intel Guru MarkZ [via PDK] Was a quiet night on the RV front. Still being told by my folks on the streets that it’s not nearly the upheaval media is claiming and they are moving quickly with clean-up...We don’t know the exact timing...
9-8-2022 Guru Nader From The Mid East [Fallout from Nader's friend's government officials arrest videos] I'm gonna tell you what's happening to me. I cannot go home. I've been threatened and I have proof...I've been threatened with death. With death, yes. People said, come back to the country they will kill me... The government doesn't want things to get out...they don't want to show all this aggressive arrests...
9-8-2022 Newshound Guru Pimpy The Supreme Court over there is saying they do not have the authority to dissolve parliament...I really do believe there's going to be a bad situation come of all this...the Supreme Court....will not dissolve parliament. They won't allow the president to dissolve parliament, therefore the only people who could dissolve the parliament are the people working in the parliament. Go figure. This is why things are so messed up over there.
9-8-2022 Intel Guru Bruce You know there's a diamond crust about six feet down in Iraq - in the sand. There's a whole six inch crust of diamonds that they found when they're going deeper for oil. Now it's just amazing that the wealth that is in that region...
9-8-2022 Newshound Guru Samson Article: "Iranian Central: Offering the Iraqi dinar to local banks" Quote: "The governor, "Ali Saleh Abadi," said in a statement on the sidelines of the cabinet session today, Wednesday, that a quantity of the Iraqi dinar entered the country yesterday and will be distributed starting tomorrow (Thursday)."
9-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We see a big explanation from the federal court on TV today and it looks like they are not going to dissolve parliament...
9-8-2022 Intel Guru MarkZ [via PDK] ...in Baghdad Today the report is the Supreme court of Iraq has rejected TODAY the lawsuit to dissolve the Iraqi Parliament. Now before you panic…I believe this is a good thing. It forces continuity in the Iraqi government.
9-8-2022 Newshound/Intel Guru Mnt Goat The Federal court will announce its decision on Thursday September 8 whether they can dissolve parliament outside of the specific condition as stated in the constitution...to decide if it is legal to do so outside of the specific conditions set in the constitution.
9-8-2022 Newshound Guru Pimpy This is good news. Article "Officially.. Iran is offering the Iraqi dinar in its local banks" The more people to use the dinar the more there is a demand for it...this is good. Think supply and demand...If you don't get the supply to cover it then that means the currency goes up in value. So far Iraq has done dang near everything it needed to do to increase the exchange rate of the Iraqi dinar with the exception of having a stable government and a stable economy and avoiding uprisings.
9-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iran is offering and using Iraqi dinars in Iranian banks as of today. FRANK: That's why Kazemi and the leaders of Iraq went over to see the leaders of Iran and tell them you're not in control of my country anymore...if you want to be a part of my country you're welcome too....Mustafa (CBI governor] will be here and he'll tell you what you have to do. You can't steal any longer from our banks or our auctions.
9-8-2022 Newshound Guru Militiaman Article "Kurdistan Retirement releases salaries online next week" They are waiting on an agreement with the banks for a specific mechanism to distribute salaries on the 12th of this month.. Interesting way of putting it. "Specific Mechanism " They will have it all sorted electronically and on the new system.
9-8-2022 Newshound/Intel Guru Walkingstick [via Frank26] Iran knows and has known for a very long time that the Iraqi dinar is about to go up in value. Therefore Iran's attitude is slowly slowly slowly changing - that is better to work with Kazemi and the CBI and Sadr with value than to continue stealing illegally with no value.
9-8-2022 Newshound/Intel Guru Breitling I don't see any articles anywhere from the CBI, those are the ones who manage the Iraq currency, that they are not going to add value to their currency. I have not seen one single article, one word come out of the CBI [saying that]...They're always talking about how they're going add value to their currency. [Post 2 of 2]
9-8-2022 Newshound/Intel Guru Breitling This investment hasn't gone negative. It hasn't gone south...your feelings aren't a reality. The reality is Iraq is moving forward and they're going to add value to their currency. What moment? What day? We can only speculate. But don't go down that rabbit hole of, 'It's never going to happen.' It's garbage. It's bull crap. [Post 1 of 2....stay tuned]
9-8-2022 Intel Guru MarkZ [via PDK] Was a quiet night on the RV front. Still being told by my folks on the streets that it’s not nearly the upheaval media is claiming and they are moving quickly with clean-up...We don’t know the exact timing...
9-8-2022 Guru Nader From The Mid East [Fallout from Nader's friend's government officials arrest videos] I'm gonna tell you what's happening to me. I cannot go home. I've been threatened and I have proof...I've been threatened with death. With death, yes. People said, come back to the country they will kill me... The government doesn't want things to get out...they don't want to show all this aggressive arrests...
9-8-2022 Newshound Guru Pimpy The Supreme Court over there is saying they do not have the authority to dissolve parliament...I really do believe there's going to be a bad situation come of all this...the Supreme Court....will not dissolve parliament. They won't allow the president to dissolve parliament, therefore the only people who could dissolve the parliament are the people working in the parliament. Go figure. This is why things are so messed up over there.
9-8-2022 Intel Guru Bruce You know there's a diamond crust about six feet down in Iraq - in the sand. There's a whole six inch crust of diamonds that they found when they're going deeper for oil. Now it's just amazing that the wealth that is in that region...
9-8-2022 Newshound Guru Samson Article: "Iranian Central: Offering the Iraqi dinar to local banks" Quote: "The governor, "Ali Saleh Abadi," said in a statement on the sidelines of the cabinet session today, Wednesday, that a quantity of the Iraqi dinar entered the country yesterday and will be distributed starting tomorrow (Thursday)."
9-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We see a big explanation from the federal court on TV today and it looks like they are not going to dissolve parliament...
9-8-2022 Intel Guru MarkZ [via PDK] ...in Baghdad Today the report is the Supreme court of Iraq has rejected TODAY the lawsuit to dissolve the Iraqi Parliament. Now before you panic…I believe this is a good thing. It forces continuity in the Iraqi government.
9-8-2022 Newshound/Intel Guru Mnt Goat The Federal court will announce its decision on Thursday September 8 whether they can dissolve parliament outside of the specific condition as stated in the constitution...to decide if it is legal to do so outside of the specific conditions set in the constitution.
9-7-2022 *** Dinar Guru History Video Update *** In this video Guest Currency Guru Mark Moss shows the connection between inflation, exchange rates and the central bank's role - the Turkish Lira (21m:05s), German Mark (16m:20s), Gold (16m:26s) and Zimbabwean Dollar (15m:14s & 17m:06s). This lesson highlights the difference between the Iraqi dinar today and these other currencies' situations. It's worth the time if you're interested in the dinar increasing in value. Stay tuned as the gurus chime in with their thougths on the video. The latest guru post will continue under the video...
9-7-2022 Intel Guru Bruce [via WiserNow] ...this is gonna be a great week I believe for us, you guys. Let's stay focused - stay grounded and be ready for just about anything all right.
9-7-2022 Guru Nader From The Mid East [Another corrupt official arrest video] There is another one! I told you it's a lot of people are gonna get arrested. A lot of people got arrested already. My friend is sending me these videos. He works with the forces and he's involved and arrests these people...when I said a lot of people are gonna get arrested it's a lot. It's at least hundreds and hundreds of them...
9-7-2022 Intel Guru MarkZ [via PDK] As I shared last night…I had a whole lot of folks in tier 3 reach out to me telling me they just signed new NDA’s. So I think we are very close...on the banking side it’s still pretty quiet... [Why do they have to sign a new NDA?] Most likely because we are close or they know the actual timing or they have been given information on the rate. That’s what makes sense to me... I believe it’s a positive thing and a huge piece of news for us.
9-7-2022 Newshound Guru Pimpy What ever happened to the investigation into Maliki? How come we haven't heard anything about it? Well lo and behold look what's in the news... Article: "New details about the judicial investigation of the "leaks of al-Maliki" Maliki, if it wasn't for his buddy being a leader of the Supreme Court this man would have been in jail...by now...the article goes on to say that the investigation is still open. It has not been shut. All necessary steps are being taken to assure that the right thing is done...
9-7-2022 Intel Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We have the CBI on television promoting their new project saying they are making more efforts to be more transparent with other central banks around the international world. Saying the [CBI governor] wants the world banks to know Iraq is stable and can be trusted and will be transparent. FRANK: The CBI is saying we can be trusted now...We're stable. No one is stealing from us. They won't steal your money come on in.
9-7-2022 Newshound Guru Kaperoni The efforts of the central bank of Iraq as of late is to stabilize the banking system, get citizens to deposit their currency in the banks and provide banking tools...
9-7-2022 Intel Guru MarkZ [via PDK] Nader posted another big win for Iraq today…Another politician/ bankers getting arrested. This is going on all over Iraq right now which to me is a clear sign they are preparing for the RV... [reference post from Guru Nader From The Mid East below.]
9-7-2022 Newshound Guru Sandy Ingram All central banks exist for the purpose of creating and maintaining stability. Central banks around the world are stability banks whose job it is to keep the economy stable. Thus when Iraq Central Bank has something to say we listen. Right now they are saying transparency is their new M.O. or mode of operation...
9-7-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Wire transfers and money exchange is the goal of the [CBI] satellite banks [being set up around the world] and the third goal is collect as many 3 zeros as possible because these 3 zeros will not go back to the U.S. treasury but go back to the CBI to be destroyed. That's why these satellite banks are so important.
9-7-2022 Newshound Guru Samson Article: "The Federal Court rejects the lawsuit to dissolve Parliament..and this is the text of its decision" Quote: "The jurisdiction of the Federal Supreme Court is limited by Article (93) of the Constitution and Article (4) of the Federal Supreme Court Law and does not include the dissolution of Parliament"
9-7-2022 Intel Guru MarkZ [via PDK] ...coming out today “Officially-Iran is offering the Iraqi dinar in its local banks” The Iraqi dinar is a “preferred currency” in the region. This is huge news. I hope you can grasp how huge this news is. Traditionally the Iraqi dinar has been an unstable currency. Why would you want to use that currency in your local markets unless it was going to become a “reserve status” ? In other words it’s out there along with the US dollar . This is a huge piece of news. They are officially using it and offering it through their central banks in Iran. This to me is a clear indication the Iraqi dinar is about to become a regional powerhouse and a banking anchor in the middle east.
9-7-2022 Newshound Guru MilitiaMan The Judiciary are only now to make recommendations in regard to dissolution... Not decisions like they said in the first place. Hence why the likelihood the UN steps in... There are no coincidences... imo Just as the final payment to the UNCC was exposed today.. There is definitely things afoot. imo
9-7-2022 Guru Nader From The Mid East [His friend's corruption video followup] The problem is you only saw one video...one got arrested but it's like 5 or 6 of them got arrested in the same day and that's a really good thing...they want to give an example. That's what they want to do. That's why they're arresting people like that...this is what's going to happen you if you continue to steal...if you go to government office it's a lot of them like that. 'You have to give me money for me to let stuff go through.'
9-7-2022 Newshound Guru Pimpy The federal court of course once again kicked the can down the road. They're not going to make a decision on this particular situation [Dissolving parliament]...
9-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There was a big sting operation. They set it up. A major lead government official was arrested for taking bribes. They're showing this to us on the news. They're saying there's a major crackdown on corruption and more arrests are coming as Iraq will eventually cut the head of the snake.
9-7-2022 Guru Nader From The Mid East [Another corrupt official arrest video] There is another one! I told you it's a lot of people are gonna get arrested. A lot of people got arrested already. My friend is sending me these videos. He works with the forces and he's involved and arrests these people...when I said a lot of people are gonna get arrested it's a lot. It's at least hundreds and hundreds of them...
9-7-2022 Intel Guru MarkZ [via PDK] As I shared last night…I had a whole lot of folks in tier 3 reach out to me telling me they just signed new NDA’s. So I think we are very close...on the banking side it’s still pretty quiet... [Why do they have to sign a new NDA?] Most likely because we are close or they know the actual timing or they have been given information on the rate. That’s what makes sense to me... I believe it’s a positive thing and a huge piece of news for us.
9-7-2022 Newshound Guru Pimpy What ever happened to the investigation into Maliki? How come we haven't heard anything about it? Well lo and behold look what's in the news... Article: "New details about the judicial investigation of the "leaks of al-Maliki" Maliki, if it wasn't for his buddy being a leader of the Supreme Court this man would have been in jail...by now...the article goes on to say that the investigation is still open. It has not been shut. All necessary steps are being taken to assure that the right thing is done...
9-7-2022 Intel Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We have the CBI on television promoting their new project saying they are making more efforts to be more transparent with other central banks around the international world. Saying the [CBI governor] wants the world banks to know Iraq is stable and can be trusted and will be transparent. FRANK: The CBI is saying we can be trusted now...We're stable. No one is stealing from us. They won't steal your money come on in.
9-7-2022 Newshound Guru Kaperoni The efforts of the central bank of Iraq as of late is to stabilize the banking system, get citizens to deposit their currency in the banks and provide banking tools...
9-7-2022 Intel Guru MarkZ [via PDK] Nader posted another big win for Iraq today…Another politician/ bankers getting arrested. This is going on all over Iraq right now which to me is a clear sign they are preparing for the RV... [reference post from Guru Nader From The Mid East below.]
9-7-2022 Newshound Guru Sandy Ingram All central banks exist for the purpose of creating and maintaining stability. Central banks around the world are stability banks whose job it is to keep the economy stable. Thus when Iraq Central Bank has something to say we listen. Right now they are saying transparency is their new M.O. or mode of operation...
9-7-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Wire transfers and money exchange is the goal of the [CBI] satellite banks [being set up around the world] and the third goal is collect as many 3 zeros as possible because these 3 zeros will not go back to the U.S. treasury but go back to the CBI to be destroyed. That's why these satellite banks are so important.
9-7-2022 Newshound Guru Samson Article: "The Federal Court rejects the lawsuit to dissolve Parliament..and this is the text of its decision" Quote: "The jurisdiction of the Federal Supreme Court is limited by Article (93) of the Constitution and Article (4) of the Federal Supreme Court Law and does not include the dissolution of Parliament"
9-7-2022 Intel Guru MarkZ [via PDK] ...coming out today “Officially-Iran is offering the Iraqi dinar in its local banks” The Iraqi dinar is a “preferred currency” in the region. This is huge news. I hope you can grasp how huge this news is. Traditionally the Iraqi dinar has been an unstable currency. Why would you want to use that currency in your local markets unless it was going to become a “reserve status” ? In other words it’s out there along with the US dollar . This is a huge piece of news. They are officially using it and offering it through their central banks in Iran. This to me is a clear indication the Iraqi dinar is about to become a regional powerhouse and a banking anchor in the middle east.
9-7-2022 Newshound Guru MilitiaMan The Judiciary are only now to make recommendations in regard to dissolution... Not decisions like they said in the first place. Hence why the likelihood the UN steps in... There are no coincidences... imo Just as the final payment to the UNCC was exposed today.. There is definitely things afoot. imo
9-7-2022 Guru Nader From The Mid East [His friend's corruption video followup] The problem is you only saw one video...one got arrested but it's like 5 or 6 of them got arrested in the same day and that's a really good thing...they want to give an example. That's what they want to do. That's why they're arresting people like that...this is what's going to happen you if you continue to steal...if you go to government office it's a lot of them like that. 'You have to give me money for me to let stuff go through.'
9-7-2022 Newshound Guru Pimpy The federal court of course once again kicked the can down the road. They're not going to make a decision on this particular situation [Dissolving parliament]...
9-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There was a big sting operation. They set it up. A major lead government official was arrested for taking bribes. They're showing this to us on the news. They're saying there's a major crackdown on corruption and more arrests are coming as Iraq will eventually cut the head of the snake.
9-6-2022 Newshound Guru Samson Article: "Iraq is on the "white list" of countries in the fight against money laundering” Quote: "Last Thursday, the European Commission delegation delivered a letter to Prime Minister Mustafa Al-Kazemi, which included removing Iraq from the European Union’s list of countries with high risks in the field of combating money laundering and terrorist financing."
9-6-2022 Intel Guru MarkZ [via PDK] On just the RV front we have arrests going on in Iraq and from the tier 3 front I have received a number of emails today from folks in tier 3 that have now signed NDA’s...this started late last week through the weekend. We had some folks that have signed them before, but now we are seeing fresh, new NDA’s for tier 3 which involve groups and individuals who have currency with groups. I think this is a positive sign we are moving forward. Why would they sign fresh NDA’s is we were not any closer? They are letting me know they won’t be talking about any specifics any more.
9-6-2022 Newshound Guru Militiaman Community comment "The US and the UN do not bode well for Iraq and our investment..." I have the most positive outlook in the end result happening and yes the CBI is geared for that event. To say that the US and UN is...a bad thing, you might better study that a bit deeper...money will trump everything. This is not only about Iraq. Please consider the recent remote meetings...with the largest financial entities in the world this last week...It was about global financial security and that my friend includes Iraq and a basket of currencies in the region...With all the data out there...We are in the best place we have ever been, imo.. We know more and have more evidence than ever that the reforms are still under way...
9-6-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] U.S. citizens in these [CBI satellite in the US] banks can exchange currency. But they cannot deposit IQDs in these accounts. No one will have an IQD account because these accounts are in America under American banking laws. All these accounts will be in the form of USDs. The main thing these banks will do is exchange and transfer IQDs for the convenience of Iraqi citizens around the world...
9-6-2022 Newshound Guru Kaperoni Only with the success, growth of Iraq's economy, and an increase in GDP can the dinar go up in value. As stated by the IMF Article IV Consultation from 2013. I can assure you nothing is going to happen with the Iraqi dinar this year, and for that matter it could take months or many years because Iraq has a lot of work to do and the continuous infighting doesn't help matters.
9-6-2022 Newshound Guru Sandy Ingram Article: "Transparency and Financial Disclosure is a Strategic Approach for the Central Bank of Iraq" The Central Bank of Iraq is taking a firm & strategic approach...with dealing with international financial organizations in order to restore confidence in international banking transactions...It's important because it implies the country wants to repair the reputation of reports of inaccurate data and information and play nicely in the sandbox with other central banks and other countries...
9-6-2022 Intel Guru Frank26 If we do see the Federal Court passing a law that...dissolves the parliament, get on your horse and buckle it up really good...and gallop as far as you want in celebration. The moment we have a government things are going to move a lot faster...
9-6-2022 Intel Guru MarkZ [via PDK] There is really great chatter out of Iraq right now with their intentions...they intend to within the coming days before the 16th and 17th have their rate out. This is coming out of the CBI...Based on what I am seeing and hearing from the CBI- They are positioning and preparing for it now...there seems to be a concerted push to get that rate out...I believe we are about to see something very positive from the CBI in the very near future...
9-6-2022 Newshound Guru Samson Article: "Soon.. Al-Kazemi to America" Quote: "Al-Kazemi will go to America, in order to participate in the meetings of the United Nations General Assembly, to replace the President of the Republic, Barham Salih..."the reason for Al-Kazemi's departure instead of Saleh is to discuss political developments and repercussions on the security and economic levels, and the opinion of the international community on this crisis..."
9-6-2022 Newshound Guru Pimpy Article: "Iraq security official Arrested Over Bribe: Graft Bod" Quote: "The unnamed official was caught red handed receiving the bribe...the arrest was filmed and the video shared on social media showing the arrest in his office as a stack of dollars was pulled out of his drawer..." Shout out to [Guru] Nader...definitely got people's attention that's for sure... [Post 2 of 2] [See Guru Nader's post 9-6-2022 below]
9-6-2022 Newshound Guru Pimpy [Referencing Guru Nader's friend's video of government official being arrested.] When it comes to these super senior official timing is everything especially when there are two political forces that are battling with one another...I have a feeling this individual is somehow someway linked to Maliki... [Post 1 of 2...stay tuned]
9-6-2022 Newshound/Intel Guru Mnt Goat Article: "FITCH: IRAQ’S GDP GROWTH IS ABOUT 8%" ...for Iraq to have a GDP of 8 % is fantastic and just more proof they are manipulating the rate of the dinar since at a rate as this the economy must be moving and with rapid growth. So they don’t need to rebuild their economy for the rate to be reinstated. What they need is to stop the corruption and free the economy to a global international economy...
9-6-2022 Intel Guru MarkZ [via PDK] ...the news broke this weekend... there is a $3.71 street rate…now we need to find out “when” will it make it to us? I was told contractors should receive this rate around the 15th of this month in actual dinar…not in other currencies.
9-6-2022 Newshound Guru Militiaman Article: "The General Secretariat: Automation of outlets has raised the value of revenues for three years" The borders will support the value of the currency aside from oil and other minerals, tourism, etc..
9-6-2022 Intel Guru MarkZ [via PDK] On just the RV front we have arrests going on in Iraq and from the tier 3 front I have received a number of emails today from folks in tier 3 that have now signed NDA’s...this started late last week through the weekend. We had some folks that have signed them before, but now we are seeing fresh, new NDA’s for tier 3 which involve groups and individuals who have currency with groups. I think this is a positive sign we are moving forward. Why would they sign fresh NDA’s is we were not any closer? They are letting me know they won’t be talking about any specifics any more.
9-6-2022 Newshound Guru Militiaman Community comment "The US and the UN do not bode well for Iraq and our investment..." I have the most positive outlook in the end result happening and yes the CBI is geared for that event. To say that the US and UN is...a bad thing, you might better study that a bit deeper...money will trump everything. This is not only about Iraq. Please consider the recent remote meetings...with the largest financial entities in the world this last week...It was about global financial security and that my friend includes Iraq and a basket of currencies in the region...With all the data out there...We are in the best place we have ever been, imo.. We know more and have more evidence than ever that the reforms are still under way...
9-6-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] U.S. citizens in these [CBI satellite in the US] banks can exchange currency. But they cannot deposit IQDs in these accounts. No one will have an IQD account because these accounts are in America under American banking laws. All these accounts will be in the form of USDs. The main thing these banks will do is exchange and transfer IQDs for the convenience of Iraqi citizens around the world...
9-6-2022 Newshound Guru Kaperoni Only with the success, growth of Iraq's economy, and an increase in GDP can the dinar go up in value. As stated by the IMF Article IV Consultation from 2013. I can assure you nothing is going to happen with the Iraqi dinar this year, and for that matter it could take months or many years because Iraq has a lot of work to do and the continuous infighting doesn't help matters.
9-6-2022 Newshound Guru Sandy Ingram Article: "Transparency and Financial Disclosure is a Strategic Approach for the Central Bank of Iraq" The Central Bank of Iraq is taking a firm & strategic approach...with dealing with international financial organizations in order to restore confidence in international banking transactions...It's important because it implies the country wants to repair the reputation of reports of inaccurate data and information and play nicely in the sandbox with other central banks and other countries...
9-6-2022 Intel Guru Frank26 If we do see the Federal Court passing a law that...dissolves the parliament, get on your horse and buckle it up really good...and gallop as far as you want in celebration. The moment we have a government things are going to move a lot faster...
9-6-2022 Intel Guru MarkZ [via PDK] There is really great chatter out of Iraq right now with their intentions...they intend to within the coming days before the 16th and 17th have their rate out. This is coming out of the CBI...Based on what I am seeing and hearing from the CBI- They are positioning and preparing for it now...there seems to be a concerted push to get that rate out...I believe we are about to see something very positive from the CBI in the very near future...
9-6-2022 Newshound Guru Samson Article: "Soon.. Al-Kazemi to America" Quote: "Al-Kazemi will go to America, in order to participate in the meetings of the United Nations General Assembly, to replace the President of the Republic, Barham Salih..."the reason for Al-Kazemi's departure instead of Saleh is to discuss political developments and repercussions on the security and economic levels, and the opinion of the international community on this crisis..."
9-6-2022 Newshound Guru Pimpy Article: "Iraq security official Arrested Over Bribe: Graft Bod" Quote: "The unnamed official was caught red handed receiving the bribe...the arrest was filmed and the video shared on social media showing the arrest in his office as a stack of dollars was pulled out of his drawer..." Shout out to [Guru] Nader...definitely got people's attention that's for sure... [Post 2 of 2] [See Guru Nader's post 9-6-2022 below]
9-6-2022 Newshound Guru Pimpy [Referencing Guru Nader's friend's video of government official being arrested.] When it comes to these super senior official timing is everything especially when there are two political forces that are battling with one another...I have a feeling this individual is somehow someway linked to Maliki... [Post 1 of 2...stay tuned]
9-6-2022 Newshound/Intel Guru Mnt Goat Article: "FITCH: IRAQ’S GDP GROWTH IS ABOUT 8%" ...for Iraq to have a GDP of 8 % is fantastic and just more proof they are manipulating the rate of the dinar since at a rate as this the economy must be moving and with rapid growth. So they don’t need to rebuild their economy for the rate to be reinstated. What they need is to stop the corruption and free the economy to a global international economy...
9-6-2022 Intel Guru MarkZ [via PDK] ...the news broke this weekend... there is a $3.71 street rate…now we need to find out “when” will it make it to us? I was told contractors should receive this rate around the 15th of this month in actual dinar…not in other currencies.
9-6-2022 Newshound Guru Militiaman Article: "The General Secretariat: Automation of outlets has raised the value of revenues for three years" The borders will support the value of the currency aside from oil and other minerals, tourism, etc..
9-5-2022 Newshound Guru Samson Article: "Integrity reveals the details of the arrest of a senior officer in Maysan and calls on citizens to cooperate" Quote: "The Federal Integrity Commission revealed, on Monday, the details of the arrest of a senior officer in one of the security services in Maysan Governorate, red-handed, noting that he "blackmailed citizens and bargained with them", while calling for reporting cases of "bargaining, extortion and bribery." [See Guru Nader's Post below about his friend's video of the arrest.]
9-5-2022 Intel Guru Frank26 Article: "The Central Bank decides to activate the procedures for verifying licenses to import goods and merchandise". THE CBI IS IN CONTROL OF THE MR WITH BANKS INSIDE OF IRAQ AND OUTSIDE.
9-5-2022 Newshound Guru Sandy Ingram Most of the Iraqi people do not care about a re-value of their currency to the point of one dinar equaling one US dollar. The Iraqi people just want money in their pocket, food, clean water, electricity, shelter, health care and money to pay their cell phone bill. The majority of Iraqi people do not yet understand the benefits of having an international currency with a high exchange value.
9-5-2022 Newshound Guru Pimpy Article: "The speaker of the Iraqi parliament calls for an agreement on setting a date for early elections" They're already on a verge of civil war. They started to go down that path and thanks to Sistani it was stopped. Either they agree to go to early elections or there's no doubt in my mind there is going to be a civil war. There's no other way around it. I don't want that to happen...I think it's the right of the Iraqi people to decide who they want there...
9-5-2022 Newshound Guru MilitiaMan [Reference Samson Article below] What I like about this article is the timing of it and that the bullet point [3] takes us [foreign dinar investors] into consideration. There is also something the economist left out...the money they have destroyed in the past. We had video of them destroying perfectly good large notes...
9-5-2022 Guru Nader From The Mid East My friend made [This "GoPro style" video]...this guys just got arrested for corruption. This is the head...if you need permit for construction or you need your passport being done or you need papers anything have to do with the government you go and he takes money...You have to pay a million dinar just to get some stuff done. He's been doing this for many many years and he made a lot of money. This is corruption so he get arrested. It's a lot of them getting arrested like this. He's big. He steals even from the government...slowly slowly it's gonna happen.
9-5-2022 Intel Guru MarkZ [via PDK] [What makes this time different than every other time we have been close to the RV?] The CBI has made it very clear they are ready to move forward with the monetary reform. They have filed the paperwork with the UN and the IMF to reinstate their currency... This is something very different now than we have ever seen before.
9-5-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] These banks [CBI satellite banks] are going to make it easy for Iraqi citizens abroad to turn in their 3-Zero notes. Brilliant! Because that's the state that we're at right now. Not the political stage. Not the killing in the streets and the arguments and the bickering...no. How do you think everything is functioning in the country if they didn't have a government? ...the CBI knows a lot of these citizens are hording billions and billions of dinars in their mattresses outside of Iraq.... [See Guru Samson's news article below..]
9-5-2022 Newshound Guru Samson ...There are 4 main possibilities for this cash away from the banking system, which are: 1 - Iraqis hoard money in their homes... 2 - Funds are internal commercial transactions far from the banking system... 3 - Foreign institutions hoarding the Iraqi currency for several reasons, including the remote investment in the Iraqi dinar in the hope of a rise in its price in the future... 4- Damage to the currency..." [Post 2 of 2]
9-5-2022 Newshound Guru Samson Article: "An economist reveals the size of the currency issued by the Iraqi Central" Quote: "according to the data of the Central Bank of Iraq, the volume of cash currency issued by the bank is up to 82 trillion Iraqi dinars." He added: "On the other hand, the volume of cash in Iraqi banks does not exceed the barrier of 7 trillion Iraqi dinars only, meaning that more than 75 trillion Iraqi dinars are outside the banking system and it is very difficult to follow them and know their fate..." [Post 1 of 2....stay tuned]
9-5-2022 Intel Guru Frank26 Article: "The Central Bank decides to activate the procedures for verifying licenses to import goods and merchandise". THE CBI IS IN CONTROL OF THE MR WITH BANKS INSIDE OF IRAQ AND OUTSIDE.
9-5-2022 Newshound Guru Sandy Ingram Most of the Iraqi people do not care about a re-value of their currency to the point of one dinar equaling one US dollar. The Iraqi people just want money in their pocket, food, clean water, electricity, shelter, health care and money to pay their cell phone bill. The majority of Iraqi people do not yet understand the benefits of having an international currency with a high exchange value.
9-5-2022 Newshound Guru Pimpy Article: "The speaker of the Iraqi parliament calls for an agreement on setting a date for early elections" They're already on a verge of civil war. They started to go down that path and thanks to Sistani it was stopped. Either they agree to go to early elections or there's no doubt in my mind there is going to be a civil war. There's no other way around it. I don't want that to happen...I think it's the right of the Iraqi people to decide who they want there...
9-5-2022 Newshound Guru MilitiaMan [Reference Samson Article below] What I like about this article is the timing of it and that the bullet point [3] takes us [foreign dinar investors] into consideration. There is also something the economist left out...the money they have destroyed in the past. We had video of them destroying perfectly good large notes...
9-5-2022 Guru Nader From The Mid East My friend made [This "GoPro style" video]...this guys just got arrested for corruption. This is the head...if you need permit for construction or you need your passport being done or you need papers anything have to do with the government you go and he takes money...You have to pay a million dinar just to get some stuff done. He's been doing this for many many years and he made a lot of money. This is corruption so he get arrested. It's a lot of them getting arrested like this. He's big. He steals even from the government...slowly slowly it's gonna happen.
9-5-2022 Intel Guru MarkZ [via PDK] [What makes this time different than every other time we have been close to the RV?] The CBI has made it very clear they are ready to move forward with the monetary reform. They have filed the paperwork with the UN and the IMF to reinstate their currency... This is something very different now than we have ever seen before.
9-5-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] These banks [CBI satellite banks] are going to make it easy for Iraqi citizens abroad to turn in their 3-Zero notes. Brilliant! Because that's the state that we're at right now. Not the political stage. Not the killing in the streets and the arguments and the bickering...no. How do you think everything is functioning in the country if they didn't have a government? ...the CBI knows a lot of these citizens are hording billions and billions of dinars in their mattresses outside of Iraq.... [See Guru Samson's news article below..]
9-5-2022 Newshound Guru Samson ...There are 4 main possibilities for this cash away from the banking system, which are: 1 - Iraqis hoard money in their homes... 2 - Funds are internal commercial transactions far from the banking system... 3 - Foreign institutions hoarding the Iraqi currency for several reasons, including the remote investment in the Iraqi dinar in the hope of a rise in its price in the future... 4- Damage to the currency..." [Post 2 of 2]
9-5-2022 Newshound Guru Samson Article: "An economist reveals the size of the currency issued by the Iraqi Central" Quote: "according to the data of the Central Bank of Iraq, the volume of cash currency issued by the bank is up to 82 trillion Iraqi dinars." He added: "On the other hand, the volume of cash in Iraqi banks does not exceed the barrier of 7 trillion Iraqi dinars only, meaning that more than 75 trillion Iraqi dinars are outside the banking system and it is very difficult to follow them and know their fate..." [Post 1 of 2....stay tuned]
9-4-2022 Intel Guru Frank26 Community comment "The saga continues." Do you honestly feel in your heart that this is the worst of times for the monetary reform? These are the best times for the monetary reform...It marches on. It stampedes...It is being announced. It's being revealed. Both Kazemi and Mustafa of the CBI have no problem telling the citizens what they are about to get. It is not a boring saga. It is an exciting adventure. Right now what's going on is amazing...There have never been better times than what we are seeing.
9-4-2022 Newshound Guru Pimpy ...numbers on the 'back screen', 800#s, redemption centers, military people that watch the currency exchange, tier 1, tier 2, tier 3.. It's not real. It's all B.S...If we cannot get a stable government with a stable economy...you're not going to see any kind of major exchange rate change happen unfortunately...
9-4-2022 Newshound/Intel Guru Mnt Goat #3. In 2019...they came out with the “White Paper” in which it specifically says to go to FOREX. #4. In talking to my CBI contact, I was told that it was targeted for Jan 2022 but due to the election issues they held it up hoping the government would be formed and stable. So, this is where we are today. We sit and wait for the new government. [post 2 of 2]
9-4-2022 Newshound/Intel Guru Mnt Goat ...I can wholeheartedly tell you that – Yes and Yes that I know for a fact and without a doubt that the reinstatement has to happen and will happen. How do I know? #1. Reinstatement was in a long term 5 year plan given from the CBI in 2011...it was supposed to be all done by 2016. #2. Dr Shabibi, the then governor of the CBI, attempted to reinstate the dinar on FOREX and complete the project to delete the zeros in 2013 as part of the 2011 plan, only the corrupt Nori Al-Maliki then the prime minster stopped it with his raid on the CBI...This is what Sadr is trying to fix...and why the new govt can’t get formed. [post 1 of 2....stay tuned]
9-4-2022 Guru Nader From The Mid East About the Iraqi dinar no news for now. It's a mess. The country is not stable. It's actually destabilized a little bit now. We see what's going on two weeks from now. There's no promises. There is not news about the exchange rate. There's nothing...keep your head on your shoulders...it's a waiting game so let's wait...
9-4-2022 Newshound Guru Samson Article: "The average salary in Iraq is 600 dollars and in other countries is six thousand" Quote: "Iraq ranked 62nd out of a list of 105 countries in terms of the average net monthly salary of an employee of $600 in Iraq..."
9-4-2022 Newshound Guru Militiaman Article: "The Central Bank of Iraq organizes a visit to a media delegation" The AMF on the same day had meetings on similar issues...with the likes of the World Bank, Bank of International Settlements, International institutions, etc...There are no coincidences in these meeting coinciding with each other.. imo.. I like what we are seeing. Inter-connectivity is coming...
9-4-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Are these banks [CBI satellite banks in the US] for you? In all honesty you can use them. But you got to remember they're under American banking laws so don't be trying to think you can put Iraqi dinars in these bank accounts. The only thing you can put in is American dollars...they'll gladly take those 3-zero notes from you. They'll gladly convert it. Whatever rate they give you knock yourself out.
9-4-2022 Newshound Guru Breitling I haven't seen anything negative come out of Iraq yet...It's like watching Fox News...Every day they've got some shitty thing to tell you. Like it's their goal in life to make sure you're unhappy so they can make you vote a certain way. That's how it works - Pure propaganda... People are reading articles...that have nothing to do with...their [Iraq's] policy and their currency. [Post 2 of 2]
9-4-2022 Newshound Guru Breitling People are looking at Iraq. They are looking at what's going on between the Sunni and the Shia and they're going, 'My God there's chaos and turmoil going on! This thing is never going to come to fruition. It's never going to come about." You couldn't be more wrong. That's not how this investment works. That's not how Iraqi's currency works... [Post 1 of 2....stay tuned]
9-4-2022 Newshound Guru Clare PRETTY SOON THE TSUNAMI WILL OVERTAKE ALL THOSE CORRUPT WICKED LEADERS AND WE WILL WITNESS IT. IRAQ WILL PROSPER WITHOUT THAT EVIL...AND GETTING RID OF THEM AT THIS TIME IS VERY GOOD FOR OUR INVESTMENT & IT IS VERY GREAT FOR THE IRAQI CITIZENS!!!...IMO WE ARE AT THE END... BE PATIENT A LITTLE LONGER...WE ARE WATCHING IT PLAY OUT. KAZEMI & SADR ALREADY WON...REMEMBER SADR WANTS THE REFORMS (NEW EXCHANGE RATE) DONE FOR THE CITIZENS! ...IMO
9-4-2022 Newshound Guru Pimpy ...numbers on the 'back screen', 800#s, redemption centers, military people that watch the currency exchange, tier 1, tier 2, tier 3.. It's not real. It's all B.S...If we cannot get a stable government with a stable economy...you're not going to see any kind of major exchange rate change happen unfortunately...
9-4-2022 Newshound/Intel Guru Mnt Goat #3. In 2019...they came out with the “White Paper” in which it specifically says to go to FOREX. #4. In talking to my CBI contact, I was told that it was targeted for Jan 2022 but due to the election issues they held it up hoping the government would be formed and stable. So, this is where we are today. We sit and wait for the new government. [post 2 of 2]
9-4-2022 Newshound/Intel Guru Mnt Goat ...I can wholeheartedly tell you that – Yes and Yes that I know for a fact and without a doubt that the reinstatement has to happen and will happen. How do I know? #1. Reinstatement was in a long term 5 year plan given from the CBI in 2011...it was supposed to be all done by 2016. #2. Dr Shabibi, the then governor of the CBI, attempted to reinstate the dinar on FOREX and complete the project to delete the zeros in 2013 as part of the 2011 plan, only the corrupt Nori Al-Maliki then the prime minster stopped it with his raid on the CBI...This is what Sadr is trying to fix...and why the new govt can’t get formed. [post 1 of 2....stay tuned]
9-4-2022 Guru Nader From The Mid East About the Iraqi dinar no news for now. It's a mess. The country is not stable. It's actually destabilized a little bit now. We see what's going on two weeks from now. There's no promises. There is not news about the exchange rate. There's nothing...keep your head on your shoulders...it's a waiting game so let's wait...
9-4-2022 Newshound Guru Samson Article: "The average salary in Iraq is 600 dollars and in other countries is six thousand" Quote: "Iraq ranked 62nd out of a list of 105 countries in terms of the average net monthly salary of an employee of $600 in Iraq..."
9-4-2022 Newshound Guru Militiaman Article: "The Central Bank of Iraq organizes a visit to a media delegation" The AMF on the same day had meetings on similar issues...with the likes of the World Bank, Bank of International Settlements, International institutions, etc...There are no coincidences in these meeting coinciding with each other.. imo.. I like what we are seeing. Inter-connectivity is coming...
9-4-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Are these banks [CBI satellite banks in the US] for you? In all honesty you can use them. But you got to remember they're under American banking laws so don't be trying to think you can put Iraqi dinars in these bank accounts. The only thing you can put in is American dollars...they'll gladly take those 3-zero notes from you. They'll gladly convert it. Whatever rate they give you knock yourself out.
9-4-2022 Newshound Guru Breitling I haven't seen anything negative come out of Iraq yet...It's like watching Fox News...Every day they've got some shitty thing to tell you. Like it's their goal in life to make sure you're unhappy so they can make you vote a certain way. That's how it works - Pure propaganda... People are reading articles...that have nothing to do with...their [Iraq's] policy and their currency. [Post 2 of 2]
9-4-2022 Newshound Guru Breitling People are looking at Iraq. They are looking at what's going on between the Sunni and the Shia and they're going, 'My God there's chaos and turmoil going on! This thing is never going to come to fruition. It's never going to come about." You couldn't be more wrong. That's not how this investment works. That's not how Iraqi's currency works... [Post 1 of 2....stay tuned]
9-4-2022 Newshound Guru Clare PRETTY SOON THE TSUNAMI WILL OVERTAKE ALL THOSE CORRUPT WICKED LEADERS AND WE WILL WITNESS IT. IRAQ WILL PROSPER WITHOUT THAT EVIL...AND GETTING RID OF THEM AT THIS TIME IS VERY GOOD FOR OUR INVESTMENT & IT IS VERY GREAT FOR THE IRAQI CITIZENS!!!...IMO WE ARE AT THE END... BE PATIENT A LITTLE LONGER...WE ARE WATCHING IT PLAY OUT. KAZEMI & SADR ALREADY WON...REMEMBER SADR WANTS THE REFORMS (NEW EXCHANGE RATE) DONE FOR THE CITIZENS! ...IMO
9-3-2022 Intel Guru MarkZ [via PDK] Community Comment [(Guru) Fleming said the Dong could be $8-$10 dollars along with the dinar.] I’m not hearing that much but I am hearing its value is increasing…i am still mentally preparing myself for $2.25-$2.30. But hope to be pleasantly surprised if its higher.
9-3-2022 Newshound Guru Militiaman Article "An Iraqi bank begins providing its banking services and solutions in the Saudi market" Looks like show time... imo They imo are not going live at a program rate or they would have already done so. I suspect that visit to Egypt by Kahdimi was a fruitful one.
9-3-2022 Newshound Guru Samson Article: "International companies use the Iraqi airspace for the first time in history" Quote: "...Iraqi air movement at the present time is witnessing demand from civil aviation companies....Iraq is characterized by an important strategic location and is considered the shortest road and air corridors linking the East to the West."
9-3-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Article: "The united card reaches Iraqis abroad" If you recall we told you they're teaching Iraq citizens about the Visa and MasterCards along with...key cards [which] will be some of the tools the CBI banks will use to get the Iraqi citizens abroad their currency ...In the United States of American you can find Iraqi expatriates...they will qualify to apply for..visa and MasterCards from these banks [CBI satellite banks in the US]...
9-3-2022 Intel Guru Frank26 Article: "An Iraqi bank begins providing its banking services and solution in the Suadi Market" Wow! It begins... Internationally. It's a very positive article about their banks and how they're working together. They're not going to work together at a program rate.
9-3-2022 Newshound Guru Pimpy Article: "The Federal Court again fails to rule on claims to dissolve the Iraqi parliament" This should be a surprise to no one. Remember the supreme court justice...in Iraq is friends with Maliki. So when he turned to the courts to ask them to dissolve parliament in order for them to hold early elections it's not hard to figure out that the courts are most likely going to side with whatever it is that Maliki wants. Maliki does not want early elections...the Supreme Judiciary Courts are kicking the can down the road...
9-3-2022 Intel Guru MarkZ [via PDK] Peace and calm is still holding in Iraq...We have great expectations for the coming week...At this point it appears to be on auto-pilot for the finish. I wish I knew the day. Its close and we are watching it all play out ...
9-3-2022 Newshound Guru MilitiaMan Question: [Article: "The Central Bank decides to activate the procedures for verifying licenses to import goods and merchandise" Why such an announcement on Friday FOR Muslims AND after Banks close on Friday, global business?] A BIG CHANGE IS COMING!! imo lol Those meetings with the World Bank, Bank of International Settlements, Basel III Board of Directors, IMF, AMF, International Institutions, etc., all know that the IQD is to take it's rightful place in a basket.
9-3-2022 Newshound Guru Samson Article: "Economist: Inflation has reached more than 12% in Iraq" Quote: "The Iraqi economic expert attributed the reasons for the high rates of inflation to many factors, including “the rise in oil prices, which reflects its shadow on all goods and services, in addition to changing the exchange rate of the dinar against the dollar,”
9-3-2022 Intel Guru Bruce [via WiserNow] the quantum financial system was to integrate or begin the integration with the global financial system and global banking systems [Wednesday] night...We found that that connection, that integration of the QFS was for countries to be able to trade goods and services on par with each other in the future...so it has nothing to do with the RV per se -or our exchanges, which is great.
9-3-2022 Newshound/Intel Guru BGG I believe so many in this community have read this latest uprising in Iraq all wrong.... The Sadrists ran on a platform of equal governance and reform. In stunning fashion, they won big. Not quite big enough… but big. The people voted for a new direction. They will again. The corrupt old guard has been doing everything possible to try and maintain their “status quo”. This is at the very heart of this conflict. This is a good struggle. Freedom can be a messy business…
9-3-2022 Newshound Guru Militiaman Article "An Iraqi bank begins providing its banking services and solutions in the Saudi market" Looks like show time... imo They imo are not going live at a program rate or they would have already done so. I suspect that visit to Egypt by Kahdimi was a fruitful one.
9-3-2022 Newshound Guru Samson Article: "International companies use the Iraqi airspace for the first time in history" Quote: "...Iraqi air movement at the present time is witnessing demand from civil aviation companies....Iraq is characterized by an important strategic location and is considered the shortest road and air corridors linking the East to the West."
9-3-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Article: "The united card reaches Iraqis abroad" If you recall we told you they're teaching Iraq citizens about the Visa and MasterCards along with...key cards [which] will be some of the tools the CBI banks will use to get the Iraqi citizens abroad their currency ...In the United States of American you can find Iraqi expatriates...they will qualify to apply for..visa and MasterCards from these banks [CBI satellite banks in the US]...
9-3-2022 Intel Guru Frank26 Article: "An Iraqi bank begins providing its banking services and solution in the Suadi Market" Wow! It begins... Internationally. It's a very positive article about their banks and how they're working together. They're not going to work together at a program rate.
9-3-2022 Newshound Guru Pimpy Article: "The Federal Court again fails to rule on claims to dissolve the Iraqi parliament" This should be a surprise to no one. Remember the supreme court justice...in Iraq is friends with Maliki. So when he turned to the courts to ask them to dissolve parliament in order for them to hold early elections it's not hard to figure out that the courts are most likely going to side with whatever it is that Maliki wants. Maliki does not want early elections...the Supreme Judiciary Courts are kicking the can down the road...
9-3-2022 Intel Guru MarkZ [via PDK] Peace and calm is still holding in Iraq...We have great expectations for the coming week...At this point it appears to be on auto-pilot for the finish. I wish I knew the day. Its close and we are watching it all play out ...
9-3-2022 Newshound Guru MilitiaMan Question: [Article: "The Central Bank decides to activate the procedures for verifying licenses to import goods and merchandise" Why such an announcement on Friday FOR Muslims AND after Banks close on Friday, global business?] A BIG CHANGE IS COMING!! imo lol Those meetings with the World Bank, Bank of International Settlements, Basel III Board of Directors, IMF, AMF, International Institutions, etc., all know that the IQD is to take it's rightful place in a basket.
9-3-2022 Newshound Guru Samson Article: "Economist: Inflation has reached more than 12% in Iraq" Quote: "The Iraqi economic expert attributed the reasons for the high rates of inflation to many factors, including “the rise in oil prices, which reflects its shadow on all goods and services, in addition to changing the exchange rate of the dinar against the dollar,”
9-3-2022 Intel Guru Bruce [via WiserNow] the quantum financial system was to integrate or begin the integration with the global financial system and global banking systems [Wednesday] night...We found that that connection, that integration of the QFS was for countries to be able to trade goods and services on par with each other in the future...so it has nothing to do with the RV per se -or our exchanges, which is great.
9-3-2022 Newshound/Intel Guru BGG I believe so many in this community have read this latest uprising in Iraq all wrong.... The Sadrists ran on a platform of equal governance and reform. In stunning fashion, they won big. Not quite big enough… but big. The people voted for a new direction. They will again. The corrupt old guard has been doing everything possible to try and maintain their “status quo”. This is at the very heart of this conflict. This is a good struggle. Freedom can be a messy business…
9-2-2022 Intel Guru Frank26 There's a lot of politics going on right now in Iraq. There's a lot of it going on in our country. You ever notice if you don't pay attention to the news about a week or two later everything is okay, instead it's something else they create? I don't care about the politics in Iraq...
9-2-2022 Intel Guru MarkZ [via PDK] The news has been very good today and with the weekend starting I am hoping for “any moment”...
9-2-2022 Newshound Guru MilitiaMan Article: "The Central Bank of Iraq organizes a visit to a media delegation" The CBI will want those in this meeting to have the truth from the horses mouth. They'll be a mechanism to help citizens during the roll out and for the intentions of the CBI going forward... Once they change the exchange rate the money sold will likely be tracked...
9-2-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] These ['CBI satellite'] banks are preparing themselves to collect as many of the 3-zeros possible. These 2 gentlemen are establishing their banks just for that reason. Can Americans go to these banks? Yes. But remember they are set up for the purpose of Iraq citizens. We just don't know all the details yet...hang in there because I think more details of these satellite banks is going to be coming out.
9-2-2022 Intel Guru Bruce [via WiserNow] ...Iraq was supposed to bring in a Hashemi as the commander in chief, dissolved their parliamentary form of government today and make it official...Now...we heard this directly from our contact in Iraq... This did not take place today [Thursday], but it should take place [Friday] morning...and the thinking is, if it does, then we could be off and running for the weekend...So what we're hearing is if that does not take place tomorrow in Iraq, probably in the morning, then let's just use the term “all hell's going to break loose”...
9-2-2022 Newshound Guru Samson Article: "Al-Fatlawi Comments On The Statement Of The UN Security Council On The Events In Iraq". Quote: "the Security Council's statement on the recent events in Iraq was in a strong tone...Did all the Iraqi parties read it correctly?" [Post 2 of 2]
9-2-2022 Newshound Guru Samson Article: "The UN Security Council calls on the Iraqi parties to exercise restraint and start dialogue" Quote: "the members of the Security Council called on all parties to resolve their political differences peacefully, respect the rule of law and the right to peaceful assembly, and avoid violence." [Post 1 of 2....stay tuned]
9-2-2022 Newshound Guru Pimpy The auctions are supposed to be used to control the exchange rate from getting out of hand but it's been used for some real corrupt stuff. There's been talk several times about ending the auctions...Over the years - 2022, right now, you get 1450 dinars for every 1 US dollar. Back in 2016 you used to only get 1182 dinars..Going back to 2013 used to only get 1166 dinars for every 1 US dollar...When it decreases that means Iraq's value is gaining on the US dollar. We want the amount of dinars exchanged for US dollars to decrease...we want to get to a point where they can exchange 1 dinar for multiple US dollars...there is some hope with the decline of the US dollar...
9-2-2022 Intel Guru MarkZ [via PDK] My redemption center folks are being told to not expect to work on Saturday …but very possibly to expect to work on Sunday...the chatter has been great...Sources are all saying they can’t talk about this because they have an NDA. BUT, they are all staying in place…which tells me there must be a reason???.
9-2-2022 Newshound Guru Sandy Ingram It is difficult to move forward with a revalue or a float of the currency when the entire country is in a political crisis. Things are changing by the day in Iraq.
9-2-2022 Newshound Guru Kaperoni Iraq is in a very volatile sensitive time. There is no RV but we do want to see Iraq themselves negotiate their way through this crisis.
9-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Kazemi came out and told us if things continue the way they are right now this is not right, you don't kill us! He is threatening Article 81 of the constitution and to make the position vacant to form a government in 15 days span... FRANK: What he's saying is there is an article in their constitution where the prime minister under certain conditions can dissolve the government...this has been his plan...start brand new under his leadership...
9-2-2022 Newshound/Intel Guru BGG Hard news excerpts: “Sadr believes he can control the angry masses …but only if he can control the system. His unleashing of the Sadrists for 24 hours was that message in graphic form.” How to deal with Muqtada al-Sadr has long befuddled Western and Iranian officials. The latest outburst of violence in Iraq shows they have long underestimated him as well, writes @SajadJiyad…You want to know what this all means? Sadr sent the message “reform or else”… I believe it was heard loud and clear.
9-2-2022 Intel Guru MarkZ [via PDK] The news has been very good today and with the weekend starting I am hoping for “any moment”...
9-2-2022 Newshound Guru MilitiaMan Article: "The Central Bank of Iraq organizes a visit to a media delegation" The CBI will want those in this meeting to have the truth from the horses mouth. They'll be a mechanism to help citizens during the roll out and for the intentions of the CBI going forward... Once they change the exchange rate the money sold will likely be tracked...
9-2-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] These ['CBI satellite'] banks are preparing themselves to collect as many of the 3-zeros possible. These 2 gentlemen are establishing their banks just for that reason. Can Americans go to these banks? Yes. But remember they are set up for the purpose of Iraq citizens. We just don't know all the details yet...hang in there because I think more details of these satellite banks is going to be coming out.
9-2-2022 Intel Guru Bruce [via WiserNow] ...Iraq was supposed to bring in a Hashemi as the commander in chief, dissolved their parliamentary form of government today and make it official...Now...we heard this directly from our contact in Iraq... This did not take place today [Thursday], but it should take place [Friday] morning...and the thinking is, if it does, then we could be off and running for the weekend...So what we're hearing is if that does not take place tomorrow in Iraq, probably in the morning, then let's just use the term “all hell's going to break loose”...
9-2-2022 Newshound Guru Samson Article: "Al-Fatlawi Comments On The Statement Of The UN Security Council On The Events In Iraq". Quote: "the Security Council's statement on the recent events in Iraq was in a strong tone...Did all the Iraqi parties read it correctly?" [Post 2 of 2]
9-2-2022 Newshound Guru Samson Article: "The UN Security Council calls on the Iraqi parties to exercise restraint and start dialogue" Quote: "the members of the Security Council called on all parties to resolve their political differences peacefully, respect the rule of law and the right to peaceful assembly, and avoid violence." [Post 1 of 2....stay tuned]
9-2-2022 Newshound Guru Pimpy The auctions are supposed to be used to control the exchange rate from getting out of hand but it's been used for some real corrupt stuff. There's been talk several times about ending the auctions...Over the years - 2022, right now, you get 1450 dinars for every 1 US dollar. Back in 2016 you used to only get 1182 dinars..Going back to 2013 used to only get 1166 dinars for every 1 US dollar...When it decreases that means Iraq's value is gaining on the US dollar. We want the amount of dinars exchanged for US dollars to decrease...we want to get to a point where they can exchange 1 dinar for multiple US dollars...there is some hope with the decline of the US dollar...
9-2-2022 Intel Guru MarkZ [via PDK] My redemption center folks are being told to not expect to work on Saturday …but very possibly to expect to work on Sunday...the chatter has been great...Sources are all saying they can’t talk about this because they have an NDA. BUT, they are all staying in place…which tells me there must be a reason???.
9-2-2022 Newshound Guru Sandy Ingram It is difficult to move forward with a revalue or a float of the currency when the entire country is in a political crisis. Things are changing by the day in Iraq.
9-2-2022 Newshound Guru Kaperoni Iraq is in a very volatile sensitive time. There is no RV but we do want to see Iraq themselves negotiate their way through this crisis.
9-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Kazemi came out and told us if things continue the way they are right now this is not right, you don't kill us! He is threatening Article 81 of the constitution and to make the position vacant to form a government in 15 days span... FRANK: What he's saying is there is an article in their constitution where the prime minister under certain conditions can dissolve the government...this has been his plan...start brand new under his leadership...
9-2-2022 Newshound/Intel Guru BGG Hard news excerpts: “Sadr believes he can control the angry masses …but only if he can control the system. His unleashing of the Sadrists for 24 hours was that message in graphic form.” How to deal with Muqtada al-Sadr has long befuddled Western and Iranian officials. The latest outburst of violence in Iraq shows they have long underestimated him as well, writes @SajadJiyad…You want to know what this all means? Sadr sent the message “reform or else”… I believe it was heard loud and clear.
9-1-2022 Intel Guru Frank26 People demand to know...'What's the problem with Iraq? ...It's all over the news. How can you be so casual about this? ...ABC, NBC, CBS, MSNBC, CNN all of them FOX...all day yesterday...ABC just said breaking news Iraq is falling apart. CBS says Iraq is being torn apart by Iran right now in terrorism, the whole government has been shut down.' ...they don't need to turn to the F--- ----, excuse me, the media that's out there...Iraq is no where near what people in the media paint...you need to flush the media's reports.
9-1-2022 Intel Guru MarkZ [via PDK] Article from Iraq: “The Federal Court again fails to rule on the claim to dissolve the Iraqi Government” They have postponed it for one week...I don’t think at this point that we need the Iraqi gov. to be settled... I could be wrong but we are going to find out over the next few days... Every contact I have is very excited …but they will not share specifics. They are claiming NDA’s...
9-1-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] They [Satellite banks] are getting currency counting sorting machines for their grand opening [Late September early October] because they know that there are hundreds of millions of 3-zero notes all around the world in the hands of Iraqi citizens...They know the largest majority rest in the United States of America. They're coming up with ways to retrieve their 3-zero notes from Iraqi citizens.
9-1-2022 Newshound Guru Militiaman Article: "A government meeting to complete the project to modernize public financial management systems" Things may not be as bad for our investment as one may think...the process of implementation of financial and economic reforms...is being integrated with financial and managerial accounting that is consistent with international programs and systems, in real time....The cogs are turning and are getting plenty of grease.
9-1-2022 Newshound Guru Clare Article: "Biden calls for a road map to get out of the political impasse in Iraq" Quote: "US President Joseph Biden called on Iraqi leaders to engage in a national dialogue; To develop a roadmap in order to get out of the current blockage."
9-1-2022 Newshound Guru Pimpy There is a silver lining when it comes to the dinar (no pun intended). Here's the thing, you have the gold reserves increasing which is a huge step. You have the foreign currency reserves increasing, I believe it's at 92 billion by the end of the year which is awesome. The more the better. But until you get a stable government, stable nation and a stable economy you're never going to see the exchange rate change in any dramatic form one way or the other.
9-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It's all calm here...We are hearing Friday could bring huge clashes in the streets. Not sure. We're waiting to hear more details about this from Sadr. Here's the one who had all the protesters leave the green zone immediately. So we wait and we obey Sadr and Kazemi. Many in the streets are saying Friday is a deadline if nothing is done more chaos... FRANK: What you're seeing here is the truth. The reality...it's not a disaster. Iran didn't take over. People were killed, it's a confrontation... FIREFLY: Kazemi has said that if all of this continues he will quit...as of now it's all clear. It's all calm. FRANK: It's going to stay that way because Kazemi has things under control...
9-1-2022 Newshound Guru Kaperoni Anytime this type of violence occurs in Iraq it is a significant setback to economic development. It's going to take months maybe even years to get past this nonsense.
9-1-2022 Intel Guru MarkZ [via PDK] It’s very, very quiet on all fronts. I am getting dead silence from Iraq since yesterday when they let me know things are now peaceful and calm over there. Contractors and government sources are being very quiet...I think the quiet is very good news right now.
9-1-2022 Guru Nader From The Mid East I'm glad it calm down today a little bit. It is doing better. Kazemi will not go away don't worry. Everything is going to be okay. Two weeks...we go back to again talk about the exchange rate and the dinars and the oil and the economy and the private sectors and everything else...for now know everybody's stressed out. Everybody's going crazy, 'What's going to happen. We don't know what's going to happen.' I think in a couple weeks everything's going to be okay... please everybody be patient.
9-1-2022 Newshound Guru Samson Article: "The Federal Court again fails to rule on the claim to dissolve the Iraqi parliament". Quote: "the Federal Court raises its session in the cases of dissolving the House of
Representatives and sets next Wednesday as a date for issuing the decision."
9-1-2022 Intel Guru Frank26 Article: "After Al-Sadr was directed... the Sadrists withdrew from the Green Zone". AND YET ABC, NBC, CBS, CNN, MSNBC & ALL THE FAKE NEWS SAID 'BREAKING NEWS-IRAQ IS FALLING AT THIS MOMENT' LIAR!
9-1-2022 Intel Guru MarkZ ...I am hearing a tremendous amount of chatter their goal is Sept 6th. I am hearing this from many different directions.
9-1-2022 Intel Guru Fleming The Iraqi's are still being closed lipped about when they are going to announce the rate and what the rate is, so we just have to sit and watch what goes on there...this thing is going we just don't know when...
9-1-2022 Intel Guru MarkZ [via PDK] Article from Iraq: “The Federal Court again fails to rule on the claim to dissolve the Iraqi Government” They have postponed it for one week...I don’t think at this point that we need the Iraqi gov. to be settled... I could be wrong but we are going to find out over the next few days... Every contact I have is very excited …but they will not share specifics. They are claiming NDA’s...
9-1-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] They [Satellite banks] are getting currency counting sorting machines for their grand opening [Late September early October] because they know that there are hundreds of millions of 3-zero notes all around the world in the hands of Iraqi citizens...They know the largest majority rest in the United States of America. They're coming up with ways to retrieve their 3-zero notes from Iraqi citizens.
9-1-2022 Newshound Guru Militiaman Article: "A government meeting to complete the project to modernize public financial management systems" Things may not be as bad for our investment as one may think...the process of implementation of financial and economic reforms...is being integrated with financial and managerial accounting that is consistent with international programs and systems, in real time....The cogs are turning and are getting plenty of grease.
9-1-2022 Newshound Guru Clare Article: "Biden calls for a road map to get out of the political impasse in Iraq" Quote: "US President Joseph Biden called on Iraqi leaders to engage in a national dialogue; To develop a roadmap in order to get out of the current blockage."
9-1-2022 Newshound Guru Pimpy There is a silver lining when it comes to the dinar (no pun intended). Here's the thing, you have the gold reserves increasing which is a huge step. You have the foreign currency reserves increasing, I believe it's at 92 billion by the end of the year which is awesome. The more the better. But until you get a stable government, stable nation and a stable economy you're never going to see the exchange rate change in any dramatic form one way or the other.
9-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It's all calm here...We are hearing Friday could bring huge clashes in the streets. Not sure. We're waiting to hear more details about this from Sadr. Here's the one who had all the protesters leave the green zone immediately. So we wait and we obey Sadr and Kazemi. Many in the streets are saying Friday is a deadline if nothing is done more chaos... FRANK: What you're seeing here is the truth. The reality...it's not a disaster. Iran didn't take over. People were killed, it's a confrontation... FIREFLY: Kazemi has said that if all of this continues he will quit...as of now it's all clear. It's all calm. FRANK: It's going to stay that way because Kazemi has things under control...
9-1-2022 Newshound Guru Kaperoni Anytime this type of violence occurs in Iraq it is a significant setback to economic development. It's going to take months maybe even years to get past this nonsense.
9-1-2022 Intel Guru MarkZ [via PDK] It’s very, very quiet on all fronts. I am getting dead silence from Iraq since yesterday when they let me know things are now peaceful and calm over there. Contractors and government sources are being very quiet...I think the quiet is very good news right now.
9-1-2022 Guru Nader From The Mid East I'm glad it calm down today a little bit. It is doing better. Kazemi will not go away don't worry. Everything is going to be okay. Two weeks...we go back to again talk about the exchange rate and the dinars and the oil and the economy and the private sectors and everything else...for now know everybody's stressed out. Everybody's going crazy, 'What's going to happen. We don't know what's going to happen.' I think in a couple weeks everything's going to be okay... please everybody be patient.
9-1-2022 Newshound Guru Samson Article: "The Federal Court again fails to rule on the claim to dissolve the Iraqi parliament". Quote: "the Federal Court raises its session in the cases of dissolving the House of
Representatives and sets next Wednesday as a date for issuing the decision."
9-1-2022 Intel Guru Frank26 Article: "After Al-Sadr was directed... the Sadrists withdrew from the Green Zone". AND YET ABC, NBC, CBS, CNN, MSNBC & ALL THE FAKE NEWS SAID 'BREAKING NEWS-IRAQ IS FALLING AT THIS MOMENT' LIAR!
9-1-2022 Intel Guru MarkZ ...I am hearing a tremendous amount of chatter their goal is Sept 6th. I am hearing this from many different directions.
9-1-2022 Intel Guru Fleming The Iraqi's are still being closed lipped about when they are going to announce the rate and what the rate is, so we just have to sit and watch what goes on there...this thing is going we just don't know when...
8-31-2022 Intel Guru MarkZ It’s been pretty positive. “Calm in Baghdad: Postponing the decision on the lawsuit to dissolve parliament and calls for resolving the crisis” ...They are only postponing until tomorrow which is Thursday. At which point we should get some resolution on the government and where we are headed from here. So imo, this is good news.
8-31-2022 Newshound Guru Militiaman The court has postponed the case of dissolving the HOR until tomorrow, Thursday. If Kahdimi steps down and the President steps into the position until there is formation of the new government he will have the necessary powers ("Full Powers" is mentioned nowhere in the constitution. "Necessary Powers", is.) and it will be all constitutional. Also, Iraq will be deemed stable and secure in the eyes of the Region and the World once done, imo.
8-31-2022 Intel Guru Frank26 I know you know articles came out saying there's violence in the streets. I also know what the news is saying. I also know what the gurus are saying. Do you hear me saying any of it? No. I will give you my interpretation of what these articles are trying to tell you because I don't agree with all of them...it's not the exaggeration they [portray]...I only care about what my teams tell me...
8-31-2022 Newshound Guru Pimpy The country [ Iraq ] is becoming more and more unstable to the point we have multiple outside intermediates wanting to come in and interfere. And why would the United States be interested in interfering all over again? How about all their interests they have invested over there...the country is not stable. This is not helpful for those of us who are invested in the Iraqi dinar...
8-31-2022 Newshound Guru Samson Article 1 "The Federal Court Postpones Consideration Of The Case For Dissolving Parliament Until Tomorrow, Thursday" Article 2 "The Federal Court postpones hearing the lawsuit to dissolve Parliament"
8-31-2022 Intel Guru Bruce [via WiserNow] ...what we're hearing and this came directly from our sources in Iraq that the Iraqi dinar rates should be out tomorrow and possibly seen here as early as tomorrow [Wednesday] ...we got information later...from I think about as high up as sources you can go in the treasury, and it's indicating that...we would have exchange capability on Thursday - the first of September - and that is what I thought would happen. And I'm not I'm not calling it but I'm very close to doing that... And I think that's what we should be looking for.
8-31-2022 Intel/Newshound Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] IMO these two gentlemen are extremely busy in the state that they are in [Previously reported as Michigan]. The banks that they have been put in responsibility over are slated to be open by the end of September into the first week of October. They are training the staff at these banks. That training should end by the end of September using the new small category notes.
8-31-2022 Newshound Guru Paulette IMO the last thing we want is the UN to take action and place Iraq back under sanctions...The last thing the Globalists want right now is for Iraq to RI....That would shut off their main gravy train country...
8-31-2022 Intel Guru MarkZ [via PDK] ...I have been told from folks on the streets of Iraq …just a couple hours ago….that things are very peaceful there and the caretaker government is stepping up to the plate. They are feeling very confident that we are close. It appears they are moving forward again now...of course we don’t know the exact timing but, the news reports from over there have been awesome after that 36 hours of unrest where Iraq citizens voiced their concerns over the political gridlock.
8-31-2022 Intel Guru Frank26 It got violent...but the moment Saleh put his hand up what happened? Everybody paid attention...people are now turning to Saleh their religious leader. He's not going anywhere. He's never leaving. He's never going to retire. He's always going to be there.
8-31-2022 Newshound Guru Kaperoni Many political blocks are trying to maintain calm in Iraq but it is extremely fragile at this time. There is no talk of any significant change in the dinar value. If anything is being discussed it is forming a government, getting back to work parliament passing laws and creating an environment for foreign investment in the economy.
8-31-2022 Guru Nader From The Mid East A lot of people saying what's happening it's because people of Iraq they want their rate to change. You know 90% of the people is Iraq doesn't know nothing about the change about the dinar. All they want is to have some money. They don't care about anything because it doesn't matter if I have 10 million dinars or 50 million dinar...they matter for you guys over there but not for us...
8-31-2022 Newshound Guru Sandy Ingram Good news. Al-Sadr is reportedly on a hunger strike until the fighting ends...After this next statement by Sadr, the Green Zone was EMPTY within MOMENTS. 'I sill believe that my supporters are disciplined and obedient and if in the next 60 minutes they do not withdraw as well from parliament then I will abandon these supporters.'
8-31-2022 Intel Guru MarkZ [via PDK] “Calm returns to Baghdad as supporters of Iraqi cleric heed call to stand down” In other words people packed up and went home…no civil war here. What I am hearing from my contacts on the ground is that they think they are in a “good spot”...With calm returning the Supreme Court is going to strike down the emerging government and allow the caretaker government to take back control so they can move forward with their “white paper” reforms and rates…then they can move on to have open and fair elections. I am hearing things are quickly turning positive in Iraq. They think the caretaker government will be back in a place over the next day or two with the reforms. I am still of the mindset we could be “any moment”. A lot of folks are looking toward end of Sept/Oct…but I think its going to be sooner.
8-31-2022 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF SADR” PUBLISHES THE LAST APPEAL OF THE LEADER OF THE CURRENT" Quote: "I am trying very hard to reform the entire political process in our beloved Iraq..." I am hearing that by Sept 2nd all hell might break lose if there is not the reforms or in motion to accomplish them that Sadr requests.
8-31-2022 Newshound Guru Militiaman The court has postponed the case of dissolving the HOR until tomorrow, Thursday. If Kahdimi steps down and the President steps into the position until there is formation of the new government he will have the necessary powers ("Full Powers" is mentioned nowhere in the constitution. "Necessary Powers", is.) and it will be all constitutional. Also, Iraq will be deemed stable and secure in the eyes of the Region and the World once done, imo.
8-31-2022 Intel Guru Frank26 I know you know articles came out saying there's violence in the streets. I also know what the news is saying. I also know what the gurus are saying. Do you hear me saying any of it? No. I will give you my interpretation of what these articles are trying to tell you because I don't agree with all of them...it's not the exaggeration they [portray]...I only care about what my teams tell me...
8-31-2022 Newshound Guru Pimpy The country [ Iraq ] is becoming more and more unstable to the point we have multiple outside intermediates wanting to come in and interfere. And why would the United States be interested in interfering all over again? How about all their interests they have invested over there...the country is not stable. This is not helpful for those of us who are invested in the Iraqi dinar...
8-31-2022 Newshound Guru Samson Article 1 "The Federal Court Postpones Consideration Of The Case For Dissolving Parliament Until Tomorrow, Thursday" Article 2 "The Federal Court postpones hearing the lawsuit to dissolve Parliament"
8-31-2022 Intel Guru Bruce [via WiserNow] ...what we're hearing and this came directly from our sources in Iraq that the Iraqi dinar rates should be out tomorrow and possibly seen here as early as tomorrow [Wednesday] ...we got information later...from I think about as high up as sources you can go in the treasury, and it's indicating that...we would have exchange capability on Thursday - the first of September - and that is what I thought would happen. And I'm not I'm not calling it but I'm very close to doing that... And I think that's what we should be looking for.
8-31-2022 Intel/Newshound Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] IMO these two gentlemen are extremely busy in the state that they are in [Previously reported as Michigan]. The banks that they have been put in responsibility over are slated to be open by the end of September into the first week of October. They are training the staff at these banks. That training should end by the end of September using the new small category notes.
8-31-2022 Newshound Guru Paulette IMO the last thing we want is the UN to take action and place Iraq back under sanctions...The last thing the Globalists want right now is for Iraq to RI....That would shut off their main gravy train country...
8-31-2022 Intel Guru MarkZ [via PDK] ...I have been told from folks on the streets of Iraq …just a couple hours ago….that things are very peaceful there and the caretaker government is stepping up to the plate. They are feeling very confident that we are close. It appears they are moving forward again now...of course we don’t know the exact timing but, the news reports from over there have been awesome after that 36 hours of unrest where Iraq citizens voiced their concerns over the political gridlock.
8-31-2022 Intel Guru Frank26 It got violent...but the moment Saleh put his hand up what happened? Everybody paid attention...people are now turning to Saleh their religious leader. He's not going anywhere. He's never leaving. He's never going to retire. He's always going to be there.
8-31-2022 Newshound Guru Kaperoni Many political blocks are trying to maintain calm in Iraq but it is extremely fragile at this time. There is no talk of any significant change in the dinar value. If anything is being discussed it is forming a government, getting back to work parliament passing laws and creating an environment for foreign investment in the economy.
8-31-2022 Guru Nader From The Mid East A lot of people saying what's happening it's because people of Iraq they want their rate to change. You know 90% of the people is Iraq doesn't know nothing about the change about the dinar. All they want is to have some money. They don't care about anything because it doesn't matter if I have 10 million dinars or 50 million dinar...they matter for you guys over there but not for us...
8-31-2022 Newshound Guru Sandy Ingram Good news. Al-Sadr is reportedly on a hunger strike until the fighting ends...After this next statement by Sadr, the Green Zone was EMPTY within MOMENTS. 'I sill believe that my supporters are disciplined and obedient and if in the next 60 minutes they do not withdraw as well from parliament then I will abandon these supporters.'
8-31-2022 Intel Guru MarkZ [via PDK] “Calm returns to Baghdad as supporters of Iraqi cleric heed call to stand down” In other words people packed up and went home…no civil war here. What I am hearing from my contacts on the ground is that they think they are in a “good spot”...With calm returning the Supreme Court is going to strike down the emerging government and allow the caretaker government to take back control so they can move forward with their “white paper” reforms and rates…then they can move on to have open and fair elections. I am hearing things are quickly turning positive in Iraq. They think the caretaker government will be back in a place over the next day or two with the reforms. I am still of the mindset we could be “any moment”. A lot of folks are looking toward end of Sept/Oct…but I think its going to be sooner.
8-31-2022 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF SADR” PUBLISHES THE LAST APPEAL OF THE LEADER OF THE CURRENT" Quote: "I am trying very hard to reform the entire political process in our beloved Iraq..." I am hearing that by Sept 2nd all hell might break lose if there is not the reforms or in motion to accomplish them that Sadr requests.
8-30-2022 Intel Guru MarkZ [via PDK] ...they know their rate and they know their timing. The question is “Has this political flare up change this in any way?? But they say they have a specific plan at this point.
8-30-2022 Intel Guru Fleming ...talked to...government contacts in Iraq today...told that the unrest continues with terrible violence in the streets, with weapons of all kinds on display. El Sadr has requested this end now... The Iraq Parliament is formed, sitting in the wings...same as last week. This new Parliament is only waiting for an announcement to be given to the People of Iraq, telling them that the “new Parliament is Formed,” and the international rate will immediately follow. WTH...Immediately following this announcement within a few day’s the new IQD rate will go live on FOREX. The entire world waits because while there is gunfire in the streets there will be no new Parliament.
8-30-2022 Intel Guru MarkZ [via PDK] He [Nader] says they are rising up to force the RV to come to a conclusion… I agree with him. I believe the RV will be moving forward because of this. I expect some culmination of all this within days coming out of Iraq. I believe we are only days away from this resolution. ...my contacts say it will force things to come to a conclusion quickly. Iraqi people need this. [post 2 of 2] [NOTE: See Guru Nader's direct thoughts below.]
8-30-2022 Intel Guru MarkZ [via PDK] ...in Iraq…There is a lot going on…theatrics playing out? But Nader...today brings up some excellent points [reference Guru Nader post below] ...I think Nader may have hit a home run…Revolution is never bloodless. He points to what is going on in Iraq. Iraqi people are interested in freedom, security and a little extra in their pockets…which is what the revaluation would mean for them. He states they are not celebrating in the streets… It is torches and pitchforks that we are seeing right now in Iraq... [post 1 of 2....stay tuned] [See Guru Nader's direct thoughts below.]
8-30-2022 Guru Nader From The Mid East I've been screaming it for 2 months it's going to be a revolution. In every revolution you see...people get hurt...people running away from the country like presidents, corrupt people. That's what's happening now. The next 3 days is going to be worse...we're not celebrating...people are angry, hungry. They have enough. They're saying enough it's enough. Now you're gonna see some changes. [Post 2 of 2]
8-30-2022 Guru Nader From The Mid East I hear people saying "it's nothing that's going on. They're lying. No death." Well yesterday 12 people died...We're not celebrating. We're not chanting...It's too late...the government cannot save themselves anymore. They know the world is watching and we did everything for the world to watch them when we do this. Now it's happening... [Post 1 of 2....stay tuned]
8-30-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] REPORT 4: Sadr said he's done with the political world that set his followers off...it's bad in the streets and the Framework is killing people in the streets. REPORT 5: Sadr making new remarks now he's saying for all Framework to quit the political scene and let the people of Iraq vote for the government. Sadr calling for calm and stop all violence. [Post 3 of 3]
8-30-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] UN says they have the right to step into any country and demolish the political issues to avoid bloodshed and have not reached that yet in Iraq but are concerned. REPORT 3: All hell is breaking loose in the green zone. 12 have been killed. Over 260 injured as Sadr protesters storm the green zone. Curfew now in effect for us...The streets are not clear. Folks are demanding parliament be dissolved and many are not leaving. Saying they would rather die than ruled by Iranian backed militia. The streets are ugly. [Post 2 of 3....stay tuned]
8-30-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: REPORT 1: Sadr group of new followers are outside of green zone in large masses and hit by water cannons from security to turn back... REPORT 2: A lot going on now in the streets. Kazemi is on television saying protesters please stop, obey and be non-violent and stop this! And he said all security forces are to not use live bullets or shoot at anyone...you are required to protect them... [Post 1 of 2....stay tuned]
8-30-2022 Newshound Guru Kaperoni Article: "At least 20 people have been killed in the violence in Baghdad’s Green Zone, medical sources tell Al Jazeera." Usually when this type of violence occurs it's a major setback. It could take months or even years to stabilize and rebuild what is being destroyed right now. And it certainly does not help encourage investors to get involved in Iraq.
8-30-2022 Newshound Guru Paulette ...The Federal Court is hearing the case for dissolution...Legal expert Taminni has clearly laid out the fact that the Federal Court could Dissolve parliament and set up the President to announce the date for early elections and the Caretaker GOI of Kazemi be given Emergency Powers... That is what I am hopeful for!
8-30-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We are hearing August 30th the Supreme Court will give final word on dissolving the parliament saying it's an option that still exists...we hope the new ruling will dissolve parliament... this making caretaker government in full command until the new elections... FRANK: Everything is going in the direction of Kazemi. Everything is going in the direction of Mustafa of the CBI...government...reforms...white papers...Everything is already international.
8-30-2022 Newshound Guru Samson Article: "The toll of Al-Khadra clashes rises to 10 victims and 200 injured, and the use of heavy weapons in the battles"
8-30-2022 Newshound Guru Sandy Ingram Article: "Two killed as Iraq's powerful Sadr quits politics, loyalists storm complex" Al-Sadr said he would quit politics prompting his loyalist to storm a parliamentary government complex in Baghdad...gunfire echoed over the capital...
8-30-2022 Newshound Guru Kaperoni Tensions in Iraq are beginning to rise violence is now starting. There's been some rockets falling on the green zone including near the US Embassy. This is getting out of hand. The inability to form a government under the current political situation has come to ahead in Iraq.
8-30-2022 Intel Guru Fleming ...As soon as they get their parliament announced then they will be able to go directly to Forex within a few days & post the international rate on the Forex...
8-30-2022 Intel Guru Fleming ...talked to...government contacts in Iraq today...told that the unrest continues with terrible violence in the streets, with weapons of all kinds on display. El Sadr has requested this end now... The Iraq Parliament is formed, sitting in the wings...same as last week. This new Parliament is only waiting for an announcement to be given to the People of Iraq, telling them that the “new Parliament is Formed,” and the international rate will immediately follow. WTH...Immediately following this announcement within a few day’s the new IQD rate will go live on FOREX. The entire world waits because while there is gunfire in the streets there will be no new Parliament.
8-30-2022 Intel Guru MarkZ [via PDK] He [Nader] says they are rising up to force the RV to come to a conclusion… I agree with him. I believe the RV will be moving forward because of this. I expect some culmination of all this within days coming out of Iraq. I believe we are only days away from this resolution. ...my contacts say it will force things to come to a conclusion quickly. Iraqi people need this. [post 2 of 2] [NOTE: See Guru Nader's direct thoughts below.]
8-30-2022 Intel Guru MarkZ [via PDK] ...in Iraq…There is a lot going on…theatrics playing out? But Nader...today brings up some excellent points [reference Guru Nader post below] ...I think Nader may have hit a home run…Revolution is never bloodless. He points to what is going on in Iraq. Iraqi people are interested in freedom, security and a little extra in their pockets…which is what the revaluation would mean for them. He states they are not celebrating in the streets… It is torches and pitchforks that we are seeing right now in Iraq... [post 1 of 2....stay tuned] [See Guru Nader's direct thoughts below.]
8-30-2022 Guru Nader From The Mid East I've been screaming it for 2 months it's going to be a revolution. In every revolution you see...people get hurt...people running away from the country like presidents, corrupt people. That's what's happening now. The next 3 days is going to be worse...we're not celebrating...people are angry, hungry. They have enough. They're saying enough it's enough. Now you're gonna see some changes. [Post 2 of 2]
8-30-2022 Guru Nader From The Mid East I hear people saying "it's nothing that's going on. They're lying. No death." Well yesterday 12 people died...We're not celebrating. We're not chanting...It's too late...the government cannot save themselves anymore. They know the world is watching and we did everything for the world to watch them when we do this. Now it's happening... [Post 1 of 2....stay tuned]
8-30-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] REPORT 4: Sadr said he's done with the political world that set his followers off...it's bad in the streets and the Framework is killing people in the streets. REPORT 5: Sadr making new remarks now he's saying for all Framework to quit the political scene and let the people of Iraq vote for the government. Sadr calling for calm and stop all violence. [Post 3 of 3]
8-30-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] UN says they have the right to step into any country and demolish the political issues to avoid bloodshed and have not reached that yet in Iraq but are concerned. REPORT 3: All hell is breaking loose in the green zone. 12 have been killed. Over 260 injured as Sadr protesters storm the green zone. Curfew now in effect for us...The streets are not clear. Folks are demanding parliament be dissolved and many are not leaving. Saying they would rather die than ruled by Iranian backed militia. The streets are ugly. [Post 2 of 3....stay tuned]
8-30-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: REPORT 1: Sadr group of new followers are outside of green zone in large masses and hit by water cannons from security to turn back... REPORT 2: A lot going on now in the streets. Kazemi is on television saying protesters please stop, obey and be non-violent and stop this! And he said all security forces are to not use live bullets or shoot at anyone...you are required to protect them... [Post 1 of 2....stay tuned]
8-30-2022 Newshound Guru Kaperoni Article: "At least 20 people have been killed in the violence in Baghdad’s Green Zone, medical sources tell Al Jazeera." Usually when this type of violence occurs it's a major setback. It could take months or even years to stabilize and rebuild what is being destroyed right now. And it certainly does not help encourage investors to get involved in Iraq.
8-30-2022 Newshound Guru Paulette ...The Federal Court is hearing the case for dissolution...Legal expert Taminni has clearly laid out the fact that the Federal Court could Dissolve parliament and set up the President to announce the date for early elections and the Caretaker GOI of Kazemi be given Emergency Powers... That is what I am hopeful for!
8-30-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We are hearing August 30th the Supreme Court will give final word on dissolving the parliament saying it's an option that still exists...we hope the new ruling will dissolve parliament... this making caretaker government in full command until the new elections... FRANK: Everything is going in the direction of Kazemi. Everything is going in the direction of Mustafa of the CBI...government...reforms...white papers...Everything is already international.
8-30-2022 Newshound Guru Samson Article: "The toll of Al-Khadra clashes rises to 10 victims and 200 injured, and the use of heavy weapons in the battles"
8-30-2022 Newshound Guru Sandy Ingram Article: "Two killed as Iraq's powerful Sadr quits politics, loyalists storm complex" Al-Sadr said he would quit politics prompting his loyalist to storm a parliamentary government complex in Baghdad...gunfire echoed over the capital...
8-30-2022 Newshound Guru Kaperoni Tensions in Iraq are beginning to rise violence is now starting. There's been some rockets falling on the green zone including near the US Embassy. This is getting out of hand. The inability to form a government under the current political situation has come to ahead in Iraq.
8-30-2022 Intel Guru Fleming ...As soon as they get their parliament announced then they will be able to go directly to Forex within a few days & post the international rate on the Forex...
8-29-2022 Newshound Guru Petra Article: "The United Nations and Al-Kazemi renew the call on the parties to save Iraqi blood" The UN has the authority under their charter to interdict into national affairs of sustaining members of which Iraq is obviously one...If the UN forces dissolution of Parliament PM K, Halabousi, and Saleh then...there is no arguing or filing a lawsuit action here...Secondly...If the UN forces dissolution then the Judiciary do not need to make a ruling which, was to happen tomorrow. How better scripted is this event and action? IMO, this is going to all happen very quickly!
8-29-2022 Intel Guru MarkZ [via PDK] News is all over the place…this is to be expected. In Iraq is it unrest or are they celebrating? Is something else going on in the green zone? We were told they evacuated US personnel from the embassy in the green zone. But its too early for us to know exactly what is going on. We are still trying to get to the bottom of it. I do have contacts in Reno, DC and Miami that say the unrest in the sand box won’t affect their timing in any way. That it is all optics…sounds right to me. Watching the videos it looks like they are shooting in the air and to me it looks more celebratory than upset. The take away is “Do not panic”.
8-29-2022 Intel Guru Frank26 ...All you have to do is take your credit card and turn it around and see the 800# for your bank...There's no such thing as an "800#". You could maybe say the United States Treasury is an "800#" because you could call them and ask them what banks exchange the Iraqi dinar when the blessing occurs...
8-29-2022 Newshound Guru Clare Article: "Green protesters surround the Republican Palace, and riot control responds with water cannon" Article: "The Green Zone is completely closed and the joint operations call on the demonstrators to withdraw immediately" Article: "Dozens of demonstrators storm the Iraqi Republican Palace"
8-29-2022 Guest Guru Dallasdude Was hoping the EFSL packed a little bit more punch by now...they are just getting around to full implementation... they should have just called it the FSL [Food Security Law, not much E (Emergency)] to show thus far... hopefully ...soon...we see a new rate... I do believe it is the FSL that ultimately brings this to a close, just need some government stability...remember the budget ultimately needs a rate, the rate doesn't need a budget.
8-29-2022 Newshound Guru Samson Article: "Al-Kazemi's most prominent advisor: We have an abundance of money without legal cover to spend it! " Quote: "that abundance did not enter the paragraphs of the Food Security Law, as well as the Federal Court's decision is clear on the issue of not sending any bill through the caretaker government, and this is what prevented us from classifying this abundance legally."
8-29-2022 Newshound Guru Militiaman Article: "Waste and smuggling" ...the central bank sells Iraq instead of the dollar" Looks like the CBI has been sorted from within now... With the new Digital System they have been apparently able to get the corrupt sorted out. Stopping the AUCTIONS was to be expected. I have a strong feeling things are very much so in our favor... Working to sell Iraq, as in IQD? We shall see. Stopping the Multi Currency Practice? Again we shall see!
8-29-2022 Intel Guru MarkZ [via PDK] [did you see Bluwolfs update yesterday…?] He may well be right…he is looking for the next 2 days…that is certainly the chatter going around. ...I am hearing very positive things...I am not going to share specific timing because I don’t know it, but their goal is for it to happen over the next few days. The US appears to be ready. [reference Bluewolf post 8-28-2022]
8-29-2022 Newshound Guru Sandy Ingram Article: "Iraq's top court sets August 30th as date to discuss case for dissolving parliament" ...This article implies that the dissolving of parliament is still on the agenda...
8-29-2022 Newshound Guru Pimpy The military does not normally handle any type of exchange rate change for any currency around the world...there is no military 'standing by'.
8-29-2022 Newshound/Intel Guru Mnt Goat ...When back on FOREX is the ONLY time, we will be able to exchange and not before...The new rate we want must show up on FOREX in order for the banks to legally exchange our dinar at the rate we want...
8-29-2022 Intel Guru MarkZ [via PDK] News is all over the place…this is to be expected. In Iraq is it unrest or are they celebrating? Is something else going on in the green zone? We were told they evacuated US personnel from the embassy in the green zone. But its too early for us to know exactly what is going on. We are still trying to get to the bottom of it. I do have contacts in Reno, DC and Miami that say the unrest in the sand box won’t affect their timing in any way. That it is all optics…sounds right to me. Watching the videos it looks like they are shooting in the air and to me it looks more celebratory than upset. The take away is “Do not panic”.
8-29-2022 Intel Guru Frank26 ...All you have to do is take your credit card and turn it around and see the 800# for your bank...There's no such thing as an "800#". You could maybe say the United States Treasury is an "800#" because you could call them and ask them what banks exchange the Iraqi dinar when the blessing occurs...
8-29-2022 Newshound Guru Clare Article: "Green protesters surround the Republican Palace, and riot control responds with water cannon" Article: "The Green Zone is completely closed and the joint operations call on the demonstrators to withdraw immediately" Article: "Dozens of demonstrators storm the Iraqi Republican Palace"
8-29-2022 Guest Guru Dallasdude Was hoping the EFSL packed a little bit more punch by now...they are just getting around to full implementation... they should have just called it the FSL [Food Security Law, not much E (Emergency)] to show thus far... hopefully ...soon...we see a new rate... I do believe it is the FSL that ultimately brings this to a close, just need some government stability...remember the budget ultimately needs a rate, the rate doesn't need a budget.
8-29-2022 Newshound Guru Samson Article: "Al-Kazemi's most prominent advisor: We have an abundance of money without legal cover to spend it! " Quote: "that abundance did not enter the paragraphs of the Food Security Law, as well as the Federal Court's decision is clear on the issue of not sending any bill through the caretaker government, and this is what prevented us from classifying this abundance legally."
8-29-2022 Newshound Guru Militiaman Article: "Waste and smuggling" ...the central bank sells Iraq instead of the dollar" Looks like the CBI has been sorted from within now... With the new Digital System they have been apparently able to get the corrupt sorted out. Stopping the AUCTIONS was to be expected. I have a strong feeling things are very much so in our favor... Working to sell Iraq, as in IQD? We shall see. Stopping the Multi Currency Practice? Again we shall see!
8-29-2022 Intel Guru MarkZ [via PDK] [did you see Bluwolfs update yesterday…?] He may well be right…he is looking for the next 2 days…that is certainly the chatter going around. ...I am hearing very positive things...I am not going to share specific timing because I don’t know it, but their goal is for it to happen over the next few days. The US appears to be ready. [reference Bluewolf post 8-28-2022]
8-29-2022 Newshound Guru Sandy Ingram Article: "Iraq's top court sets August 30th as date to discuss case for dissolving parliament" ...This article implies that the dissolving of parliament is still on the agenda...
8-29-2022 Newshound Guru Pimpy The military does not normally handle any type of exchange rate change for any currency around the world...there is no military 'standing by'.
8-29-2022 Newshound/Intel Guru Mnt Goat ...When back on FOREX is the ONLY time, we will be able to exchange and not before...The new rate we want must show up on FOREX in order for the banks to legally exchange our dinar at the rate we want...
8-29-2022 *** Dinar Guru Community Preparation News Update *** This week President Biden signed into law the $437 Billion spending bill ironically called the Inflation Reduction Act (IRA). $80 Billion is to be used to increase the size of the IRS... Why does this matter to you? The gurus disagree on how we'll be taxed upon exchange. Some feel there will be no tax, others feel you'll owe capital gains, others feel it will be treated as ordinary income. In the end only one opinion matters with taxes - the IRS's. Whatever they say is what you pay. Consult your tax professionals to determine the right taxes for your unique circumstances. $45 Billion of Biden's Inflation Reduction Act money is specifically for tax collection and enforcement. Reports are between 50,000 to 87,000 IRS agents will be hired. Are they coming for you? Are they coming for people with a financial windfalls? Obviously they're coming for someone. That's why it's important to consult with your tax professionals so you pay the correct amount. Stay tuned as the gurus continue to debate this important subject. The latest guru posts will continue below...
8-28-2022 Newshound Guru Kaperoni Iraq needs a new government. They need Parliament to pass economic laws to encourage investment. And they need to diversify their economy and begin to get away from oil dependence. Until those things happen the Central Bank of Iraq will be in no position to float the Iraqi dinar. Again, only with the success of Iraq's economy can the dinar go up in value. Nothing's going to change until then.
8-28-2022 Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Can you as an American citizen, go to these satellite banks and say 'here's my 3 zero notes please convert it to American dollars'? The answer is yes... [Can] You as an American citizen, take your Iraqi 3 zero note to these banks and say I'd like to deposit this three zero note into your bank as Iraqi currency? No. They have to follow international banking laws...
8-28-2022 Newshound Guru MilitiaMan Article: "Legal expert: Recent events open the door to international intervention in Iraqi affairs" The UN Charter can intervene in the political process under emergency circumstances...there appears to be support now for the intervention to facilitate the dissolution. Question is, does the UN Intervene prior to or at the same time as the Judiciary is scheduled to meet on the 08/30/2022 time line...
8-28-2022 Intel Guru Frank26 ...[They] were given until the 31st of July to complete the monetary reform. And then they were given 30 days/August to release it...do you think Mustafa and Kazemi care what the Framework/Iran is doing or the fake parliament is trying to do? No. They are moving forward with the monetary reform...they are moving very fast...
8-28-2022 Intel Guru Bluwolf Attention everyone … well this blessing is about to begin... we are almost ready to receive this blessing, according to the Pentagon, we are minute by minute in this aiming to receive the 800 at any moment. Getting the arks of change ready for Monday to Tuesday of this week. Others are also informing them the same thing I had already warned them and that's confirmation...Be blessed and stay alert...The times of victory are approaching...
8-28-2022 Newshound Guru Sandy Ingram If Irene buys a new car, buys a new condo, pays for a full-time nurse for her father, new clothes, a vacation with her boyfriend, then in a very short time she will be BROKE. Preparing for wealth means you research how to generate a monthly income using your initial profits. Here's the kicker, all of your expenses for your new business will be tax deductible. This is how Irene may be able to get a % of the $300,000 back that the bank sent to the IRS. Your mission is to figure out how will you invest your exotic currency profits...this means you join the rich get richer club... [Post 3 of 3]
8-28-2022 Newshound Guru Sandy Ingram The bank decides they need to hold 25% in federal withholding taxes - $312,000...There are 2 things wrong with this scenario. First, you never want to exchange all of your currency at the same financial institution. The most Irene would want to exchange is $500,000 ($250,000 in her account and $250,000 in her father's account) [FDIC $250,000 per depositor]...The second thing Irene wants to do is invest the profits to generate an ongoing monthly income so she can quit her job. [Post 2 of 3....stay tuned]
8-28-2022 Newshound Guru Sandy Ingram [IQD Profits Scenario] for your kids] Meet Irene, she's 28...She recently took over her father's financial affairs...She knows that her father has 5 million IQD. [Example] She heard the IQD floated to $0.25 to $1 US dollar. She has so much more to worry about, she just wants to exchange the IQD paper money for U.S. dollars. If all goes well Irene will get $1,250,000 USD... [Always consult your financial and tax advisors to build a plan that's best for your unique circumstances.] [Post 1 of 3....stay tuned]
8-28-2022 Newshound Guru Samson Article: "US report: Biden's indifference gave Iran the upper hand in Iraq and enabled al-Maliki to lead a judicial coup". Quote: “For some incomprehensible reason, it seems that Iraq, in which the United States fought two major wars during the past decades, did not it is a priority for Washington, and unfortunately, it has become a priority for Tehran."
8-28-2022 Intel Guru MarkZ [via PDK] [Would dong still be about half the rate as the dinar?] That is a good question....The dong rate may be higher based on what I am hearing on the dinar. That would be amazing. Remember nobody knows the exact rate until we get to that finish line.
8-28-2022 Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] Can you as an American citizen, go to these satellite banks and say 'here's my 3 zero notes please convert it to American dollars'? The answer is yes... [Can] You as an American citizen, take your Iraqi 3 zero note to these banks and say I'd like to deposit this three zero note into your bank as Iraqi currency? No. They have to follow international banking laws...
8-28-2022 Newshound Guru MilitiaMan Article: "Legal expert: Recent events open the door to international intervention in Iraqi affairs" The UN Charter can intervene in the political process under emergency circumstances...there appears to be support now for the intervention to facilitate the dissolution. Question is, does the UN Intervene prior to or at the same time as the Judiciary is scheduled to meet on the 08/30/2022 time line...
8-28-2022 Intel Guru Frank26 ...[They] were given until the 31st of July to complete the monetary reform. And then they were given 30 days/August to release it...do you think Mustafa and Kazemi care what the Framework/Iran is doing or the fake parliament is trying to do? No. They are moving forward with the monetary reform...they are moving very fast...
8-28-2022 Intel Guru Bluwolf Attention everyone … well this blessing is about to begin... we are almost ready to receive this blessing, according to the Pentagon, we are minute by minute in this aiming to receive the 800 at any moment. Getting the arks of change ready for Monday to Tuesday of this week. Others are also informing them the same thing I had already warned them and that's confirmation...Be blessed and stay alert...The times of victory are approaching...
8-28-2022 Newshound Guru Sandy Ingram If Irene buys a new car, buys a new condo, pays for a full-time nurse for her father, new clothes, a vacation with her boyfriend, then in a very short time she will be BROKE. Preparing for wealth means you research how to generate a monthly income using your initial profits. Here's the kicker, all of your expenses for your new business will be tax deductible. This is how Irene may be able to get a % of the $300,000 back that the bank sent to the IRS. Your mission is to figure out how will you invest your exotic currency profits...this means you join the rich get richer club... [Post 3 of 3]
8-28-2022 Newshound Guru Sandy Ingram The bank decides they need to hold 25% in federal withholding taxes - $312,000...There are 2 things wrong with this scenario. First, you never want to exchange all of your currency at the same financial institution. The most Irene would want to exchange is $500,000 ($250,000 in her account and $250,000 in her father's account) [FDIC $250,000 per depositor]...The second thing Irene wants to do is invest the profits to generate an ongoing monthly income so she can quit her job. [Post 2 of 3....stay tuned]
8-28-2022 Newshound Guru Sandy Ingram [IQD Profits Scenario] for your kids] Meet Irene, she's 28...She recently took over her father's financial affairs...She knows that her father has 5 million IQD. [Example] She heard the IQD floated to $0.25 to $1 US dollar. She has so much more to worry about, she just wants to exchange the IQD paper money for U.S. dollars. If all goes well Irene will get $1,250,000 USD... [Always consult your financial and tax advisors to build a plan that's best for your unique circumstances.] [Post 1 of 3....stay tuned]
8-28-2022 Newshound Guru Samson Article: "US report: Biden's indifference gave Iran the upper hand in Iraq and enabled al-Maliki to lead a judicial coup". Quote: “For some incomprehensible reason, it seems that Iraq, in which the United States fought two major wars during the past decades, did not it is a priority for Washington, and unfortunately, it has become a priority for Tehran."
8-28-2022 Intel Guru MarkZ [via PDK] [Would dong still be about half the rate as the dinar?] That is a good question....The dong rate may be higher based on what I am hearing on the dinar. That would be amazing. Remember nobody knows the exact rate until we get to that finish line.
8-27-2022 Newshound Guru Militiaman Article: "Al-Kazemi’s advisor identifies the supervisory bodies supervising the emergency support law" Salih confirms the EFSL financial instructions were issued. They are introduced into FORCE. They will continue to be until there is completion of distribution. Let the sink in. They are to keep working until completion...
8-27-2022 Intel Guru MarkZ [via PDK] They do not yet have a rate...The market spread continues in Iraq as the dinar grows stronger against the US dollar. They are refusing to let dinar go out of their hands. This is a good “tell” sign fo us. The US dollar is now worth less as the Iraqi dinar is worth more.
8-27-2022 Intel Guru Frank26 Who do we pay attention to? Kazemi and the governor of the central bank. Do we pay attention to anyone else? No. What about [Iraqi article]'financial experts'? No. What about deputy governors? No. What about ministers? No. What about the Minister of Finance? Well he resigned! ....
8-27-2022 Newshound Guru Samson Article: "Iraqi Parliament Speaker: We have 80 trillion dinars idle financial surplus" Quote: "there is an 80 trillion Iraqi dinars (50 billion dollars) financial surplus over the revenues of oil exports for the current year, which are frozen and cannot be spent due to the failure to approve the 2022 budget."
8-27-2022 Newshound Guru Kaperoni The central bank has demonstrated its independence confirming it has sole monetary Authority and it is not influenced by political decision-makers.
8-27-2022 Newshound Guru Paulette Article: "A government meeting to complete the project to modernize public financial management systems". Happy Day for Dinar Holders! Interesting timing considering court case on Tuesday...
8-27-2022 Intel Guru MarkZ [via PDK] My phone has been lit up in anticipation for the next upcoming days... There is a lot of chatter from 2-3 days from now. This is exciting after how quiet they have kept things as of late. There is finally a lot of chatter again.
8-27-2022 Newshound Guru Militiaman Article: "The Federal Court sets August 30 as the date for hearing the case for dissolving Parliament" They again stick to the 08/30/22 date for dissolution... I wonder if the UN pressure gives it support and global legitimacy that they can do it and move forward with reforms.. We shall see..
8-27-2022 Intel Guru Frank26 Article: "A government meeting to complete the project to modernize public financial management systems" ...IF NO MALIKI THEN WE WOULD HAVE A KAZEMI GOVERNMENT...KAZEMI CONTROLLED MALIKI...WE SHARED ER [Economic Reform] & MR [Monetary Reform] WERE IN THE WHITE PAPERS...WE SHARED THE EXCHANGE RATE OF THE MR WOULD BE GIVEN TO THE CITIZENS, BEHOLD!
8-27-2022 Newshound/Intel Guru Mnt Goat ...the CBI reserves are back at an all-time high, something that I believe they will need to conduct the project to delete the zeros and then to move on to the reinstatement...
8-27-2022 Intel Guru MarkZ [via PDK] They do not yet have a rate...The market spread continues in Iraq as the dinar grows stronger against the US dollar. They are refusing to let dinar go out of their hands. This is a good “tell” sign fo us. The US dollar is now worth less as the Iraqi dinar is worth more.
8-27-2022 Intel Guru Frank26 Who do we pay attention to? Kazemi and the governor of the central bank. Do we pay attention to anyone else? No. What about [Iraqi article]'financial experts'? No. What about deputy governors? No. What about ministers? No. What about the Minister of Finance? Well he resigned! ....
8-27-2022 Newshound Guru Samson Article: "Iraqi Parliament Speaker: We have 80 trillion dinars idle financial surplus" Quote: "there is an 80 trillion Iraqi dinars (50 billion dollars) financial surplus over the revenues of oil exports for the current year, which are frozen and cannot be spent due to the failure to approve the 2022 budget."
8-27-2022 Newshound Guru Kaperoni The central bank has demonstrated its independence confirming it has sole monetary Authority and it is not influenced by political decision-makers.
8-27-2022 Newshound Guru Paulette Article: "A government meeting to complete the project to modernize public financial management systems". Happy Day for Dinar Holders! Interesting timing considering court case on Tuesday...
8-27-2022 Intel Guru MarkZ [via PDK] My phone has been lit up in anticipation for the next upcoming days... There is a lot of chatter from 2-3 days from now. This is exciting after how quiet they have kept things as of late. There is finally a lot of chatter again.
8-27-2022 Newshound Guru Militiaman Article: "The Federal Court sets August 30 as the date for hearing the case for dissolving Parliament" They again stick to the 08/30/22 date for dissolution... I wonder if the UN pressure gives it support and global legitimacy that they can do it and move forward with reforms.. We shall see..
8-27-2022 Intel Guru Frank26 Article: "A government meeting to complete the project to modernize public financial management systems" ...IF NO MALIKI THEN WE WOULD HAVE A KAZEMI GOVERNMENT...KAZEMI CONTROLLED MALIKI...WE SHARED ER [Economic Reform] & MR [Monetary Reform] WERE IN THE WHITE PAPERS...WE SHARED THE EXCHANGE RATE OF THE MR WOULD BE GIVEN TO THE CITIZENS, BEHOLD!
8-27-2022 Newshound/Intel Guru Mnt Goat ...the CBI reserves are back at an all-time high, something that I believe they will need to conduct the project to delete the zeros and then to move on to the reinstatement...
8-26-2022 Newshound Guru MilitiaMan Article: "The unified card reaches Iraqis abroad" They are issuing cards outside the country? Would that be because they have taken care of everyone or at least real close at home? Satellite banks around the world would need to be up to date on any new mechanisms coming out...imo. Add in the past education and more even today... Looks promising. Even if the political side looks to be in an emergency situation... Which if does get to the emergency powers state then the RI may began in full force.
8-26-2022 Intel Guru MarkZ [via PDK] Hearing pretty positive stuff from Iraq. The information I was getting out of there was it will be less than a week. It appears they are finally giving us a closer idea on timing. We pray it is accurate. Nobody is supposed to know until it goes…so it concerns me I was given that specific a range. But if true that is exciting.
8-26-2022 Newshound Guru Samson Article: "Al-Kazemi’s advisor: The emergency support law has entered into force"
8-26-2022 Intel Guru Bruce [via WiserNow] ...we were given a timeframe Tuesday night that looked like we were good to go from today [Thursday], through Monday...What we have heard is...that that five day or six day window has been reduced to a three day window...Friday and Saturday are in play – very much in play... remember, it's not an absolute. This thing is the biggest moving target I've ever seen...there's a lot going on behind the scenes right now. More than I can say, and I just think it's It's all designed for us to get this thing done...So let's see what develops...
8-26-2022 Newshound Guru Pimpy Any effect on the currency exchange rate is universal. There is no in-country/out-of-country...
9-26-2022 Intel Guru Walkingstick IMO these guys are very busy right now. The thing that I love about this is like when you're in a marathon race...oh, boy. I'm not talking about the last mile. I'm talking about the last hundred yards when that ticker tape is visible. You can see it. It's there. You're about to get to it...I believe these two gentlemen are the equivalent of two marathon racers that see the finishing line and are sprinting at it because the two are very busy right now with the CBI... [Post 2 of 2]
8-26-2022 Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] ...IMO they dealt with connections internationally because this bank is in American territory therefore they must follow American banking laws... IMO they went to deal with the ATMs. IMO they dealt with the key cards and the MasterCards and Visas...the insurance...the new small category notes inventory wise...coins (not so much physically yet). IMO they dealt with opening day...with the workers and the staff in their scheduling...with translators to help them with Iraqi citizens...with loans... [Post 1 of 2....stay tuned]
8-26-2022 Intel Guru MarkZ [via PDK] Not a lot of news overnight...Still hearing positive things out of Iraq with a possibility of something tomorrow, but most likely it will be sometime next week. So watch from tomorrow till next Saturday for big happenings. We hope they meet their goals.
8-26-2022 Newshound Guru Kaperoni Advisor to the prime minister Saleh stated today due to the conditions in Iraq they will need double the time that they determined to implement the white paper. Originally it was expected 3 years so now they're talking at least 6 years. My guess is 10. So any talk of financial reform is nonsense at this time because financial reform cannot occur until after economic reform.
8-26-2022 Intel Guru Frank26 Article: "In Baghdad.. A national trade forum that includes an exhibition (Made in Iraq) and international visits to Iraqi projects" DO YOU UNDERSTAND THE WORDS THAT ARE COMING OUT OF MY MOUTH...INTERNATIONAL!
8-26-2022 Newshound Guru Militiaman Article: "Legal expert: Recent events open the door to international intervention in Iraqi affairs" Whether we like the UN or not, they bring arrows in their quiver to the table...taking into consideration...that there has been unprecedented threats against not just the judiciary, but the finance minister and political side...There is data out lately to support that if they don't have things sorted accordingly in short order they can impose Chapter VII tutelage.. That my friends would not be in our favor. imo...
8-26-2022 Intel Guru MarkZ [via PDK] I’m getting a lot of mixed signals from Iraq. When asking about when do they expect the new rate …I am hearing everything from this Saturday …to next Wednesday…to the following Saturday. I think it’s positive it’s being put in such a short time squeeze. We don’t know when it’s going to happen…but this is a good window to look for it... [Friday] thru the 29th should be hot times...
8-26-2022 Newshound/Intel Guru Mnt Goat Article: "AL-SADR’S MINISTER ATTACKS HIS OPPONENTS AGAIN: THEY WANT TO FORM A GOVERNMENT IN ORDER TO COMPLETE THE SALE OF WHAT IS LEFT OF IRAQ" I think this article just about says it all in what the corrupt in Iraq want to do and will do if they get back in power...It is clear now the fate of Iraq but only if Sadr is not successful...We can see that as time goes by Sadr is pushing more and more for the exposure of the files of the corrupt. He is relentless in pursuit of justice. It is only a matter of time since time is on Sadr’s side. The pressure builds. Of course, we are discouraged this process is taking so darn long. But the process is finally here and so be patient...
8-26-2022 Intel Guru MarkZ [via PDK] Hearing pretty positive stuff from Iraq. The information I was getting out of there was it will be less than a week. It appears they are finally giving us a closer idea on timing. We pray it is accurate. Nobody is supposed to know until it goes…so it concerns me I was given that specific a range. But if true that is exciting.
8-26-2022 Newshound Guru Samson Article: "Al-Kazemi’s advisor: The emergency support law has entered into force"
8-26-2022 Intel Guru Bruce [via WiserNow] ...we were given a timeframe Tuesday night that looked like we were good to go from today [Thursday], through Monday...What we have heard is...that that five day or six day window has been reduced to a three day window...Friday and Saturday are in play – very much in play... remember, it's not an absolute. This thing is the biggest moving target I've ever seen...there's a lot going on behind the scenes right now. More than I can say, and I just think it's It's all designed for us to get this thing done...So let's see what develops...
8-26-2022 Newshound Guru Pimpy Any effect on the currency exchange rate is universal. There is no in-country/out-of-country...
9-26-2022 Intel Guru Walkingstick IMO these guys are very busy right now. The thing that I love about this is like when you're in a marathon race...oh, boy. I'm not talking about the last mile. I'm talking about the last hundred yards when that ticker tape is visible. You can see it. It's there. You're about to get to it...I believe these two gentlemen are the equivalent of two marathon racers that see the finishing line and are sprinting at it because the two are very busy right now with the CBI... [Post 2 of 2]
8-26-2022 Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] ...IMO they dealt with connections internationally because this bank is in American territory therefore they must follow American banking laws... IMO they went to deal with the ATMs. IMO they dealt with the key cards and the MasterCards and Visas...the insurance...the new small category notes inventory wise...coins (not so much physically yet). IMO they dealt with opening day...with the workers and the staff in their scheduling...with translators to help them with Iraqi citizens...with loans... [Post 1 of 2....stay tuned]
8-26-2022 Intel Guru MarkZ [via PDK] Not a lot of news overnight...Still hearing positive things out of Iraq with a possibility of something tomorrow, but most likely it will be sometime next week. So watch from tomorrow till next Saturday for big happenings. We hope they meet their goals.
8-26-2022 Newshound Guru Kaperoni Advisor to the prime minister Saleh stated today due to the conditions in Iraq they will need double the time that they determined to implement the white paper. Originally it was expected 3 years so now they're talking at least 6 years. My guess is 10. So any talk of financial reform is nonsense at this time because financial reform cannot occur until after economic reform.
8-26-2022 Intel Guru Frank26 Article: "In Baghdad.. A national trade forum that includes an exhibition (Made in Iraq) and international visits to Iraqi projects" DO YOU UNDERSTAND THE WORDS THAT ARE COMING OUT OF MY MOUTH...INTERNATIONAL!
8-26-2022 Newshound Guru Militiaman Article: "Legal expert: Recent events open the door to international intervention in Iraqi affairs" Whether we like the UN or not, they bring arrows in their quiver to the table...taking into consideration...that there has been unprecedented threats against not just the judiciary, but the finance minister and political side...There is data out lately to support that if they don't have things sorted accordingly in short order they can impose Chapter VII tutelage.. That my friends would not be in our favor. imo...
8-26-2022 Intel Guru MarkZ [via PDK] I’m getting a lot of mixed signals from Iraq. When asking about when do they expect the new rate …I am hearing everything from this Saturday …to next Wednesday…to the following Saturday. I think it’s positive it’s being put in such a short time squeeze. We don’t know when it’s going to happen…but this is a good window to look for it... [Friday] thru the 29th should be hot times...
8-26-2022 Newshound/Intel Guru Mnt Goat Article: "AL-SADR’S MINISTER ATTACKS HIS OPPONENTS AGAIN: THEY WANT TO FORM A GOVERNMENT IN ORDER TO COMPLETE THE SALE OF WHAT IS LEFT OF IRAQ" I think this article just about says it all in what the corrupt in Iraq want to do and will do if they get back in power...It is clear now the fate of Iraq but only if Sadr is not successful...We can see that as time goes by Sadr is pushing more and more for the exposure of the files of the corrupt. He is relentless in pursuit of justice. It is only a matter of time since time is on Sadr’s side. The pressure builds. Of course, we are discouraged this process is taking so darn long. But the process is finally here and so be patient...
8-25-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] We see a lot today. We are having what is called A and B exchange...this is for the company like Western Union to be set up here. FRANK: International! Because you are about to float your currency! FIREFLY: This is amazing! This task is for us Iraqi citizens. We know what this means. We know we're going out internationally. We know the currency is about to float...
8-25-2022 Intel Guru MarkZ [via PDK] I’m seeing a whole lot of chatter that Fleming is saying Iraq has a date and a rate. [reference Guru Fleming 8-25-2022] I can tell you that Iraq has a rate and a goal…a date they are shooting for. And it is soon. I was told the target date is within a few short weeks. ......if I knew the rate I would tell you the rate...I am being told it is “higher” than the rates I have told you. They are telling me I will be pleasantly surprised. I had been consistently hearing iraq’s international rate is around $4 and that we should get somewhere in the $6 to $8 dollar range. They are telling me I am low in that expectation.
8-25-2022 Guest Guru BobTheTaxMan Before you jump - get professional help...fear and greed are going to come into play. It's going to be easy to want to just jump. Say I have 2 million, I'll get 1 million out of the deal let's go for it...but...once you buy a house how are you going to sustain it? Maintenance, taxes, living? One thing you may consider is just exchange a small amount to reduce your tax exposure and then buy the large items like a house on time...Remember when you exchange that IQD you have a taxable event. You just obligated yourself to have to pay taxes... [NOTE - Consult your financial and tax professionals at the appropriate time to build the exchange plan best for your unique circumstances.]
8-25-2022 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI’S ADVISOR REVEALS THE FATE OF THE FEDERAL BUDGET AND THE WHITE PAPER" The good news today...came out from Iraq that includes information on the fate of the White Paper. They have not given up on it. This is VERY GOOD news! This is important as we know that it is ultimately the White Paper that will seal our fate in the reinstatement of the dinar back to FOREX currency exchange and this is when we go to the bank to exchange.
8-25-2022 Newshound Guru Kaperoni Iraq is in no position to float the Iraqi dinar because they are 90% dependent on oil. Until Iraq passes laws diversifies their economy the central bank will not float the dinar. This is going to take months or even years before they're in a position to begin to raise the value.
8-25-2022 Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] The citizens will soon find out what the two are doing. The two are very busy. ATMs. They go to a bank that belongs to them in the United States of America (Michigan) and they set up weeks ago ATMs in there with whatever software is needed in them. That's interesting... Remember these banks may not necessarily be for you. They can be. But they're actually for the Iraqi citizens...
8-25-2022 Newshound Guru Sandy Ingram This latest purchases is big, really big. Why does Iraq want France's new fighter jet? ...14...aircraft will be ordered by Iraq from France. Here's the kicker, Iraq will pay for the jets with $240 million in oil...this is not a big deal for Iraq. Oil is averaging $100/barrel, this is approximately 2.4 million barrels of oil. Crude oil production in Iraq averages 4.5 million barrels per day. It will take Iraq half a day to pay for the 14 fighter jets...
8-25-2022 Intel Guru Fleming Iraq has a date and a rate according to contacts...watch for the announcement of the new Iraqi Parliament which is now in formation in the background ready to go... Within a few days of selecting a new Parliament there will be new global forex rate for the IQD announced. Iraq has the new Parliament ready now so it won't be much longer. Once that new Parliament comes it will be within a few days that they announce the new rate...it's very close.
8-25-2022 Newshound Guru Samson Article: "Riyan” accounts for the Iraqi state.. Oil continued to contribute 96% for the third month" Quote: "non-oil revenues amounted to 3 trillion and 163 billion and 857 million and 400 thousand and 641 dinars, which constitutes 4% of the total revenues."
8-25-2022 Intel Guru MarkZ [via PDK] [What iyo- is the absolute worst case scenario of when is the RV?] The absolute worse case scenario imo…is that...it happens in oct. I still believe it will be much sooner than that.
8-25-2022 Intel Guru Frank26 Article: "After scandals escalated, the Central Bank topples a company that mediated in the currency auction" You are seeing Mustafa has control over the monetary reform...WE TOLD YOU THEY HAD UNTIL THE END OF JULY, THEN WE TOLD YOU THEY WOULD GIVE THEM 30 DAYS IN AUGUST, BUT IT LOOKS LIKE THEY ARE GIVING THEM 50 DAYS... Quote: "About $2.5 billion during a period of 50 days preceding the date of the exchange rate change". We told you there was a date in Titanium!
8-25-2022 Intel Guru Bruce [via WiserNow] I think we're going to get there – Hopefully - Yes By the end of the month...We're supposed to get this thing started here. I'd say this week, but I can't call it...but I feel like we are really, really getting close.
8-25-2022 Intel Guru MarkZ [via PDK] I’m seeing a whole lot of chatter that Fleming is saying Iraq has a date and a rate. [reference Guru Fleming 8-25-2022] I can tell you that Iraq has a rate and a goal…a date they are shooting for. And it is soon. I was told the target date is within a few short weeks. ......if I knew the rate I would tell you the rate...I am being told it is “higher” than the rates I have told you. They are telling me I will be pleasantly surprised. I had been consistently hearing iraq’s international rate is around $4 and that we should get somewhere in the $6 to $8 dollar range. They are telling me I am low in that expectation.
8-25-2022 Guest Guru BobTheTaxMan Before you jump - get professional help...fear and greed are going to come into play. It's going to be easy to want to just jump. Say I have 2 million, I'll get 1 million out of the deal let's go for it...but...once you buy a house how are you going to sustain it? Maintenance, taxes, living? One thing you may consider is just exchange a small amount to reduce your tax exposure and then buy the large items like a house on time...Remember when you exchange that IQD you have a taxable event. You just obligated yourself to have to pay taxes... [NOTE - Consult your financial and tax professionals at the appropriate time to build the exchange plan best for your unique circumstances.]
8-25-2022 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI’S ADVISOR REVEALS THE FATE OF THE FEDERAL BUDGET AND THE WHITE PAPER" The good news today...came out from Iraq that includes information on the fate of the White Paper. They have not given up on it. This is VERY GOOD news! This is important as we know that it is ultimately the White Paper that will seal our fate in the reinstatement of the dinar back to FOREX currency exchange and this is when we go to the bank to exchange.
8-25-2022 Newshound Guru Kaperoni Iraq is in no position to float the Iraqi dinar because they are 90% dependent on oil. Until Iraq passes laws diversifies their economy the central bank will not float the dinar. This is going to take months or even years before they're in a position to begin to raise the value.
8-25-2022 Intel Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] The citizens will soon find out what the two are doing. The two are very busy. ATMs. They go to a bank that belongs to them in the United States of America (Michigan) and they set up weeks ago ATMs in there with whatever software is needed in them. That's interesting... Remember these banks may not necessarily be for you. They can be. But they're actually for the Iraqi citizens...
8-25-2022 Newshound Guru Sandy Ingram This latest purchases is big, really big. Why does Iraq want France's new fighter jet? ...14...aircraft will be ordered by Iraq from France. Here's the kicker, Iraq will pay for the jets with $240 million in oil...this is not a big deal for Iraq. Oil is averaging $100/barrel, this is approximately 2.4 million barrels of oil. Crude oil production in Iraq averages 4.5 million barrels per day. It will take Iraq half a day to pay for the 14 fighter jets...
8-25-2022 Intel Guru Fleming Iraq has a date and a rate according to contacts...watch for the announcement of the new Iraqi Parliament which is now in formation in the background ready to go... Within a few days of selecting a new Parliament there will be new global forex rate for the IQD announced. Iraq has the new Parliament ready now so it won't be much longer. Once that new Parliament comes it will be within a few days that they announce the new rate...it's very close.
8-25-2022 Newshound Guru Samson Article: "Riyan” accounts for the Iraqi state.. Oil continued to contribute 96% for the third month" Quote: "non-oil revenues amounted to 3 trillion and 163 billion and 857 million and 400 thousand and 641 dinars, which constitutes 4% of the total revenues."
8-25-2022 Intel Guru MarkZ [via PDK] [What iyo- is the absolute worst case scenario of when is the RV?] The absolute worse case scenario imo…is that...it happens in oct. I still believe it will be much sooner than that.
8-25-2022 Intel Guru Frank26 Article: "After scandals escalated, the Central Bank topples a company that mediated in the currency auction" You are seeing Mustafa has control over the monetary reform...WE TOLD YOU THEY HAD UNTIL THE END OF JULY, THEN WE TOLD YOU THEY WOULD GIVE THEM 30 DAYS IN AUGUST, BUT IT LOOKS LIKE THEY ARE GIVING THEM 50 DAYS... Quote: "About $2.5 billion during a period of 50 days preceding the date of the exchange rate change". We told you there was a date in Titanium!
8-25-2022 Intel Guru Bruce [via WiserNow] I think we're going to get there – Hopefully - Yes By the end of the month...We're supposed to get this thing started here. I'd say this week, but I can't call it...but I feel like we are really, really getting close.
8-24-2022 Guru Nader From The Mid East ...It's gonna happen. Just be patient. Let the country calm down a little bit. Let the government sit...a lot of things have to be done before this...Al-Kazemi...I think...60% he's going to be elected 40% maybe not...
8-24-2022 Newshound Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] 2 gentlemen [From walkingstick's old firm with 6 banks. 2 in Iraq and 4 in Jordan] went to their bank [in Michigan]. When the CBI makes a move...they let all the banks know. Not just Iraq but internationally too...so the CBI IMO is sending the owners of these banks to their banks to prepare for the announcement of the reinstatement of their currency. All of this requires an announced seated government...
8-24-2022 Newshound Guru Kaperoni The reason the currency auctions in Iraq exist are twofold, one is to supply dollars to pay for imports because most if not all international banks do not accept Iraqi dinars as payment since the central bank is in IMF Article XIV...And the most important reason is to maintain stability of the exchange rate of the dinar because the dinar is pegged to the dollar. Therefore, the currency auctions have to exist and will not end until Iraq 's currency becomes more convertible worldwide.
8-24-2022 Intel Guru MarkZ [via PDK] Pretty quiet out of the Iraqi side. I believe they are still putting all the pieces in place. I think what I shared last night [reference MarkZ post 8-23-2022] was a huge chunk as to what to expect timing wise...The article came out Aug 20 or 21st about the currency dealers. We do not know officially when the 50 days started. Those dealers got fined millions of dinar for trading within 50 days of a revaluation.
8-24-2022 Guest Guru Suzie We have about a week for the banks to be "hooked up" internationally, will we and the people of Iraq who've been waiting on their purchasing power be dancing in the streets.....or do the dinars go back into the shoebox?
8-24-2022 Newshound Guru Samson Article: "Gallup Publishes A Poll Revealing The Extent To Which Iraqis Trust The Current Parliament" Quote: "Sunday, a poll indicating that the current Iraqi parliament has the least confidence, compared to previous sessions...The current parliament has the least confidence that any Iraqi parliament has had since 2006, as the percentage of Iraqis in general who trust it is only 12%, according to the latest Iraqi public opinion poll conducted by the Gallup International Polls...."
8-24-2022 Intel Guru Frank26 The CBI is very busy as you can see with the articles with many banks around the world. For a program rate? No. No. No. Strongly IMO to put these banks at an International understanding that the Iraqi dinar is about to go international. Float. And change its exchange rate and add value to it. Deep in my heart this is what I believe the CBI governor has been telling over 200 banks...all year preparing them.
8-24-2022 Intel Guru MarkZ [via PDK] Article: "Al Kazemi cut short his visit to Egypt and called for an immediate meeting" This is due to protests and the evacuation of the CBI as the Sadr movement has taken to sitting outside… Article: "Evacuation of the Central Bank of Iraq Complex in Baghdad for security reasons” ...there has not been any violence... …IMO the media is blowing this out of proportion…but, imo we are getting close to a culmination of events there. Talking to people on the streets of Iraq …they are far more positive then what we are reading in their press. It is positive that we are coming to a forced resolution in Iraqi differences.
8-24-2022 Newshound/Intel Guru Mnt Goat No! The RV did not yet happen and Iraq still continues with the election saga to form their government. One bit of good news is the leader of the Sadrist movement, Muqtada al-Sadr, suggested, earlier on Saturday, to conduct a debate and a live broadcast with all political parties...Hanan Al-Fatlawi, announced... Sunday, the acceptance of the debate...If Sadr can clean out enough of the corrupt, if not all of them, and expel Iran out of their politics once and for all, you will see Iraq flourish.
8-24-2022 Newshound Guru Walkingstick [via Frank26] [Iraqi bank gentlemen in US banks update] 2 gentlemen [From walkingstick's old firm with 6 banks. 2 in Iraq and 4 in Jordan] went to their bank [in Michigan]. When the CBI makes a move...they let all the banks know. Not just Iraq but internationally too...so the CBI IMO is sending the owners of these banks to their banks to prepare for the announcement of the reinstatement of their currency. All of this requires an announced seated government...
8-24-2022 Newshound Guru Kaperoni The reason the currency auctions in Iraq exist are twofold, one is to supply dollars to pay for imports because most if not all international banks do not accept Iraqi dinars as payment since the central bank is in IMF Article XIV...And the most important reason is to maintain stability of the exchange rate of the dinar because the dinar is pegged to the dollar. Therefore, the currency auctions have to exist and will not end until Iraq 's currency becomes more convertible worldwide.
8-24-2022 Intel Guru MarkZ [via PDK] Pretty quiet out of the Iraqi side. I believe they are still putting all the pieces in place. I think what I shared last night [reference MarkZ post 8-23-2022] was a huge chunk as to what to expect timing wise...The article came out Aug 20 or 21st about the currency dealers. We do not know officially when the 50 days started. Those dealers got fined millions of dinar for trading within 50 days of a revaluation.
8-24-2022 Guest Guru Suzie We have about a week for the banks to be "hooked up" internationally, will we and the people of Iraq who've been waiting on their purchasing power be dancing in the streets.....or do the dinars go back into the shoebox?
8-24-2022 Newshound Guru Samson Article: "Gallup Publishes A Poll Revealing The Extent To Which Iraqis Trust The Current Parliament" Quote: "Sunday, a poll indicating that the current Iraqi parliament has the least confidence, compared to previous sessions...The current parliament has the least confidence that any Iraqi parliament has had since 2006, as the percentage of Iraqis in general who trust it is only 12%, according to the latest Iraqi public opinion poll conducted by the Gallup International Polls...."
8-24-2022 Intel Guru Frank26 The CBI is very busy as you can see with the articles with many banks around the world. For a program rate? No. No. No. Strongly IMO to put these banks at an International understanding that the Iraqi dinar is about to go international. Float. And change its exchange rate and add value to it. Deep in my heart this is what I believe the CBI governor has been telling over 200 banks...all year preparing them.
8-24-2022 Intel Guru MarkZ [via PDK] Article: "Al Kazemi cut short his visit to Egypt and called for an immediate meeting" This is due to protests and the evacuation of the CBI as the Sadr movement has taken to sitting outside… Article: "Evacuation of the Central Bank of Iraq Complex in Baghdad for security reasons” ...there has not been any violence... …IMO the media is blowing this out of proportion…but, imo we are getting close to a culmination of events there. Talking to people on the streets of Iraq …they are far more positive then what we are reading in their press. It is positive that we are coming to a forced resolution in Iraqi differences.
8-24-2022 Newshound/Intel Guru Mnt Goat No! The RV did not yet happen and Iraq still continues with the election saga to form their government. One bit of good news is the leader of the Sadrist movement, Muqtada al-Sadr, suggested, earlier on Saturday, to conduct a debate and a live broadcast with all political parties...Hanan Al-Fatlawi, announced... Sunday, the acceptance of the debate...If Sadr can clean out enough of the corrupt, if not all of them, and expel Iran out of their politics once and for all, you will see Iraq flourish.
8-23-2022 Intel Guru MarkZ [via PDK] This article is big…“Ater scandals escalated, the central bank ousted a company that mediated in the currency auctions” What’s important here is this company is being fined billions of dinar because they traded during the 50 day period preceding the date of the exchange rate change...which is illegal. I think this might be a key piece. It seems to me they are saying they know the rate is going to change within 50 days... They have been sanctioned…their accounts were emptied of dinar because this company was buying and selling within 50 days before an exchange rate change. This may be a key piece that lets us know how close we are. IMO this means they know the RV is coming within a set period of time.
8-23-2022 Newshound Guru Militiaman Article: "The Arab Monetary Fund Issues A Study Entitled "Analysis Of Symmetric And Asymmetric Information In The Structure Of Fluctuation In Real Exchange Rates" Well well.. Look at the preemptive study that had been on going for 5 years. There is a meeting in Egypt that includes Iraq on Monday.. Think about the good news that will come once the international exchange rate of Iraq is placed in the AMF basket of currencies.. All boats rise with the tide...
8-23-2022 Newshound Guru Breitling It's very rare for a country to swap out [their currency] and not let people exchange. You have to get that out of your head because it's not a reality. It doesn't work that way. The economy would collapse. Remember when they [The CBI] retired the 50 dinar note? You had a timeframe to exchange... [NOTE: We had 60 days to get your 50 dinar notes to online brokers to exchange for different denomination notes or currency.]
8-23-2022 Intel Guru MarkZ [via PDK] Everybody is still sitting in a prepared position waiting for the switch to get flipped. Wish we had a better idea on timing…
8-23-2022 Newshound Guru Kaperoni The IMF's made it clear that they would like Iraq to float the currency and allow the dinar to gradually appreciate over time. This is the best way for the dinar to gain value... Iraq's economy is extremely underdeveloped. And only with the success and growth of diversifying their economy can the dinar go up in value.
8-23-2022 Newshound Guru Pimpy I've reconsidered getting a job as one of those redemption center people. They have been on standby now for 15 years. So basically they get paid to sit there by the machines and wait. Man, I wonder what kind of money they make per hour.
8-23-2022 Intel Guru MarkZ [via PDK] [What happened to the contractors in Iraq that were supposed to be paid August 15th.] Let’s just say they are very happy.
8-23-2022 Newshound Guru Samson Article: "The Sadrist movement demands the resignation of Faeq Zeidan" Quote: "The people want the reform of the judiciary."
8-23-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is back on the news. They're saying the reserves will be over $92 billion by the end of the year...we believe it's a lot higher. We keep hearing this from the CBI so those numbers are being frozen. FRANK: ...The education of the monetary reform is being expressed to you successfully...Why would you have 3x to 5x the amount [of reserves] you need to cover your currency and still have a programed sanctioned rate? Of course not...And look who's telling it to you. The leaders. These are the best of times for your country.
8-23-2022 Intel Guru MarkZ [via PDK] I am being told you will have 10 days to set the appointment and 30 days to exchange. Then I am being told 30 days after it actually goes …we will not be able to exchange the big notes anymore.
8-23-2022 Newshound Guru Militiaman Article: "The Arab Monetary Fund Issues A Study Entitled "Analysis Of Symmetric And Asymmetric Information In The Structure Of Fluctuation In Real Exchange Rates" Well well.. Look at the preemptive study that had been on going for 5 years. There is a meeting in Egypt that includes Iraq on Monday.. Think about the good news that will come once the international exchange rate of Iraq is placed in the AMF basket of currencies.. All boats rise with the tide...
8-23-2022 Newshound Guru Breitling It's very rare for a country to swap out [their currency] and not let people exchange. You have to get that out of your head because it's not a reality. It doesn't work that way. The economy would collapse. Remember when they [The CBI] retired the 50 dinar note? You had a timeframe to exchange... [NOTE: We had 60 days to get your 50 dinar notes to online brokers to exchange for different denomination notes or currency.]
8-23-2022 Intel Guru MarkZ [via PDK] Everybody is still sitting in a prepared position waiting for the switch to get flipped. Wish we had a better idea on timing…
8-23-2022 Newshound Guru Kaperoni The IMF's made it clear that they would like Iraq to float the currency and allow the dinar to gradually appreciate over time. This is the best way for the dinar to gain value... Iraq's economy is extremely underdeveloped. And only with the success and growth of diversifying their economy can the dinar go up in value.
8-23-2022 Newshound Guru Pimpy I've reconsidered getting a job as one of those redemption center people. They have been on standby now for 15 years. So basically they get paid to sit there by the machines and wait. Man, I wonder what kind of money they make per hour.
8-23-2022 Intel Guru MarkZ [via PDK] [What happened to the contractors in Iraq that were supposed to be paid August 15th.] Let’s just say they are very happy.
8-23-2022 Newshound Guru Samson Article: "The Sadrist movement demands the resignation of Faeq Zeidan" Quote: "The people want the reform of the judiciary."
8-23-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is back on the news. They're saying the reserves will be over $92 billion by the end of the year...we believe it's a lot higher. We keep hearing this from the CBI so those numbers are being frozen. FRANK: ...The education of the monetary reform is being expressed to you successfully...Why would you have 3x to 5x the amount [of reserves] you need to cover your currency and still have a programed sanctioned rate? Of course not...And look who's telling it to you. The leaders. These are the best of times for your country.
8-23-2022 Intel Guru MarkZ [via PDK] I am being told you will have 10 days to set the appointment and 30 days to exchange. Then I am being told 30 days after it actually goes …we will not be able to exchange the big notes anymore.
8-22-2022 Intel Guru Frank26 The auctions are there because when they sell their oil in American dollars it's then converted into Iraqi dinars. The auctions are now being changed that whenever they sell their oil it's being sold in Iraq dinar...There will not be an avenue where they can steal in the transaction from American dollars or foreign currency into Iraqi dinars...
8-22-2022 Newshound Guru Militiaman If they dissolve parliament in a constitutional manner and it is legal, then there will be stability in the eyes of the citizens, the region and the international community. All of which are watching and converging for the same thing. The UN...told us that the political issue is not impossible and the reforms can go forward.
8-22-2022 Newshound Guru Pimpy ...We know the dollar is declining. I've been saying that now for quite some time...it's dying. It's dead. It's like a zombie walking around...they [Iraqis] need to unpeg themselves, if Iraq was smart they would do the same thing that Russia does...if you're going to buy our oil...you have to use Iraqi dinar, period...the country is already rich as it is, whoa, I can't even begin to imagine what would happen if they did that...
8-22-2022 Newshound Guru Kaperoni Many people don't like the fact that I constantly state there is no RV. But that's the truth, it's not how monetary policy works...We have to hope that Iraq can diversify their resources away from oil and create a private sector economy that begins to flourish. Only then can the CBI allow the dinar to gradually appreciate via a float.
8-22-2022 Newshound Guru Sandy Ingram Article: "Central Bank: Cash reserves to rise to $90 billion by the end of 2022" ...as a result of the rise in global oil prices...the increase in gold reserves and certainly the increase in cash reserves is part of the process for a higher exchange rate against the US dollar.
8-22-2022 Newshound Guru Samson Article: "Ahead of Egypt, Iraq is ranked 79th in the world as the poorest people in the world". Quote: "Iraq ranked 8th in the Arab world and 79th globally out of 192 countries listed in the table among the poorest peoples in the world, where the Iraqi per capita GDP amounted to 12,141 thousand dollars annually"
8-22-2022 Intel Guru MarkZ [via PDK] [Are we still looking at a month out?] Not based on what I hear from contractors in Iraq. I think much sooner. But, none of us know the exact timing.
8-22-2022 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq receives the head of the Iraqi Media Network" GETTING READY FOR A MEDIA CAMPAIGN WITH THE CBI...
8-22-2022 Newshound/Intel Guru Mnt Goat ...I will say that something is in the planning stages with this IQD currency. Of course they are not going to give us a date. I still believe our best target is January 2023 but this too is conditional in forming the new govt and ridding Iraq of corruption.
8-22-2022 Newshound Guru Militiaman If they dissolve parliament in a constitutional manner and it is legal, then there will be stability in the eyes of the citizens, the region and the international community. All of which are watching and converging for the same thing. The UN...told us that the political issue is not impossible and the reforms can go forward.
8-22-2022 Newshound Guru Pimpy ...We know the dollar is declining. I've been saying that now for quite some time...it's dying. It's dead. It's like a zombie walking around...they [Iraqis] need to unpeg themselves, if Iraq was smart they would do the same thing that Russia does...if you're going to buy our oil...you have to use Iraqi dinar, period...the country is already rich as it is, whoa, I can't even begin to imagine what would happen if they did that...
8-22-2022 Newshound Guru Kaperoni Many people don't like the fact that I constantly state there is no RV. But that's the truth, it's not how monetary policy works...We have to hope that Iraq can diversify their resources away from oil and create a private sector economy that begins to flourish. Only then can the CBI allow the dinar to gradually appreciate via a float.
8-22-2022 Newshound Guru Sandy Ingram Article: "Central Bank: Cash reserves to rise to $90 billion by the end of 2022" ...as a result of the rise in global oil prices...the increase in gold reserves and certainly the increase in cash reserves is part of the process for a higher exchange rate against the US dollar.
8-22-2022 Newshound Guru Samson Article: "Ahead of Egypt, Iraq is ranked 79th in the world as the poorest people in the world". Quote: "Iraq ranked 8th in the Arab world and 79th globally out of 192 countries listed in the table among the poorest peoples in the world, where the Iraqi per capita GDP amounted to 12,141 thousand dollars annually"
8-22-2022 Intel Guru MarkZ [via PDK] [Are we still looking at a month out?] Not based on what I hear from contractors in Iraq. I think much sooner. But, none of us know the exact timing.
8-22-2022 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq receives the head of the Iraqi Media Network" GETTING READY FOR A MEDIA CAMPAIGN WITH THE CBI...
8-22-2022 Newshound/Intel Guru Mnt Goat ...I will say that something is in the planning stages with this IQD currency. Of course they are not going to give us a date. I still believe our best target is January 2023 but this too is conditional in forming the new govt and ridding Iraq of corruption.
8-21-2022 Intel Guru Frank26 There are millions in the streets not to protest but to protect, Sadr, Mustafa, the auctions, the parliament, the cabinet, the reforms, the white papers, investors and I believe we're going to see some progress.
8-21-2022 Newshound Guru Paulette Some of the confusion I believe is in terminology...Parliament and the "government" are two totally separate and distinct entities. The members of the GOI do not attend Parliament unless requested to do so by Parliament and the members of Parliament never attend sessions of the GOI.
8-21-2022 Newshound Guru Samson Article: "The Central Bank: The cash reserve will rise to $90 billion by the end of 2022". Quote: "the current reserves of the Central Bank amounted to more than 80 billion dollars," noting that "the gold reserves amounted to more than 131 tons, as it increased by about 30 tons, and this led to a high ranking of Iraq globally..."
8-21-2022 Newshound Guru BobTheTaxMan ...Exchanging the IQD in a high amount is going to be a costly event...to give up half of it just because you want to panic isn't good thinking at all...they do want to add an extra 3% tax on anybody who cashes in more than a million. Any funds and properties you acquire could be exposed to estate taxes on your passing. That's the nasty part. Determining a plan before the revaluation could literally save you millions in taxes. It could provide you a lifetime of income and offer potential tax-free exchange... [NOTE - Consult your financial and tax professionals at the appropriate time to build the tax and exchange plan best for your unique circumstances.]
8-21-2022 Newshound Guru Pimpy [Pessimistic Comments about the dinar] 'it's a scam.' 'It's a ripoff.' It's a currency. The currency doesn't rip people off. There are people out there using the dinar to rip people off. There's a huge difference...
8-21-2022 Newshound Guru Tivon Comex 589, Basel 3 Compliant, ISO-20022 - These three things should always be the deciding factor as to who you decide to bank with. I don't care about the title or name of the bank. If they are not operating within those parameters then you should not put your money in any of those banks...Then...from there - How much insurance can they cover...Then...interest... Remember banks can be foreclosed on too. [NOTE: Speak with your financial advisor at the appropriate time to build the best financial stack for your unique situation.]
8-21-2022 Newshound Guru MilitiaMan Community comment "Thought the EFSL was going to help...Iraq better get a move on, I don't see a new exchange rate in the near future based on Iraq's and the world's news of what's happening there," I am not sure what news globally, regionally and or even locally that makes you feel that there is to much going on for this not to happen anytime soon. I don't see anything that would suggest that Sadr and Kahdimi don't have the Citizens in mind and their needs met in a hurry. They clearly do...my view is different in that what we are witnessing is that there is a battle between the CF and Sadrists.. That battle is coming to a head and fast.
8-21-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] The CBI back on the news...they met with the United States Ambassador ...discussed money laundering efforts. That's interesting for a program rate? It's pretty obvious why he's discussing this and how Iraq has improved. And this is why the cash and gold reserves are so strong in our country of Iraq. Also they talked about the political scene that is still in turmoil...
8-21-2022 Intel Guru MarkZ [via PDK] ...there is a lot of festive folks in the streets according to 3 of my sources over there this morning. They are expected to have open air meetings in the streets…They are literally pounding out their differences in front of everybody. They are not behind closed doors in closed sessions. The push continues and they hope to have things sat within the coming days so they can execute their white paper economic reforms. That is the conversation in the Iraqi streets today. This is exciting in my book.
8-21-2022 Newshound Guru Paulette Some of the confusion I believe is in terminology...Parliament and the "government" are two totally separate and distinct entities. The members of the GOI do not attend Parliament unless requested to do so by Parliament and the members of Parliament never attend sessions of the GOI.
8-21-2022 Newshound Guru Samson Article: "The Central Bank: The cash reserve will rise to $90 billion by the end of 2022". Quote: "the current reserves of the Central Bank amounted to more than 80 billion dollars," noting that "the gold reserves amounted to more than 131 tons, as it increased by about 30 tons, and this led to a high ranking of Iraq globally..."
8-21-2022 Newshound Guru BobTheTaxMan ...Exchanging the IQD in a high amount is going to be a costly event...to give up half of it just because you want to panic isn't good thinking at all...they do want to add an extra 3% tax on anybody who cashes in more than a million. Any funds and properties you acquire could be exposed to estate taxes on your passing. That's the nasty part. Determining a plan before the revaluation could literally save you millions in taxes. It could provide you a lifetime of income and offer potential tax-free exchange... [NOTE - Consult your financial and tax professionals at the appropriate time to build the tax and exchange plan best for your unique circumstances.]
8-21-2022 Newshound Guru Pimpy [Pessimistic Comments about the dinar] 'it's a scam.' 'It's a ripoff.' It's a currency. The currency doesn't rip people off. There are people out there using the dinar to rip people off. There's a huge difference...
8-21-2022 Newshound Guru Tivon Comex 589, Basel 3 Compliant, ISO-20022 - These three things should always be the deciding factor as to who you decide to bank with. I don't care about the title or name of the bank. If they are not operating within those parameters then you should not put your money in any of those banks...Then...from there - How much insurance can they cover...Then...interest... Remember banks can be foreclosed on too. [NOTE: Speak with your financial advisor at the appropriate time to build the best financial stack for your unique situation.]
8-21-2022 Newshound Guru MilitiaMan Community comment "Thought the EFSL was going to help...Iraq better get a move on, I don't see a new exchange rate in the near future based on Iraq's and the world's news of what's happening there," I am not sure what news globally, regionally and or even locally that makes you feel that there is to much going on for this not to happen anytime soon. I don't see anything that would suggest that Sadr and Kahdimi don't have the Citizens in mind and their needs met in a hurry. They clearly do...my view is different in that what we are witnessing is that there is a battle between the CF and Sadrists.. That battle is coming to a head and fast.
8-21-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] The CBI back on the news...they met with the United States Ambassador ...discussed money laundering efforts. That's interesting for a program rate? It's pretty obvious why he's discussing this and how Iraq has improved. And this is why the cash and gold reserves are so strong in our country of Iraq. Also they talked about the political scene that is still in turmoil...
8-21-2022 Intel Guru MarkZ [via PDK] ...there is a lot of festive folks in the streets according to 3 of my sources over there this morning. They are expected to have open air meetings in the streets…They are literally pounding out their differences in front of everybody. They are not behind closed doors in closed sessions. The push continues and they hope to have things sat within the coming days so they can execute their white paper economic reforms. That is the conversation in the Iraqi streets today. This is exciting in my book.
8-20-2022 Newshound Guru Samson Article: "A European country is planning to reopen its embassy in Baghdad for the first time in 30 years" Quote "Austria plans to reopen its closed embassy in Baghdad by next September."
8-20-2022 Newshound Guru Paulette The underlying fundamentals are sound...we should all be very happy and content that this will happen as we hope and expect. It is also apparent that we very likely can see a change relatively soon...soon may be a week away, a month away or a few months away. IMO, it just isn't to be expected until the process plays out where the International Community sees Iraq as having obtained security and stability. This could happen quickly but is not likely within the next few hours or days...
8-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Kazemi calling for all leaders to meet again...this time he wants all leaders to attend especially Sadr. He is seeking this to be for all citizens to see on television. Let's see if they do this.
8-20-2022 Newshound Guru Pimpy I never said the Iraqi dinar exchange rate wasn't going to change. It is going to change. I'm the one that said it's not going to happen overnight. It's not going be a reinstatement of the old rate. I'm the one that said it's going to be done in increments...
8-20-2022 Newshound Guru Kaperoni The options for the Iraqi dinar are a LOP and a float. The later being the preferred but until the conditions are appropriate where they pass laws, remove corruption and diversify their economy it won't happen.
8-20-2022 Intel Guru MarkZ [via PDK] ...In Iraq they do a lot of their day to day stuff in US dollars. That is now disappearing quickly. The spread is shrinking. This means the money changers in the streets are not making the big money they were making. Nobody wants to give up their dinar...while we don’t have a new rate- It seems to be moving in that direction while the dinar becomes more valuable in comparison to the US dollar...I feel really good about where we are at. Very positive news and I am still looking for the RV at any moment...
8-20-2022 Newshound Guru Clare Article: "Al-Hanana: There is no meeting between Al-Sadr and Al-Amiri except under conditions, one of which is a “live broadcast"
8-20-2022 Intel Guru Frank26 Maliki's gone. Do we see Abadi? No. ...All the trouble makers slowly going away...Sadr called for a meeting with Amiri... FIREFLY: Sadr and Amiri still on for...the meeting we think will set things off going well if Amiri goes and sides with Sadr. Wow! What a sight that would be...! FRANK: The citizens are excited. If Amiri can metamorphosize...and tell us, 'Alright, Sadr I'm with you.' Which means that he's with Kazemi, we'll have our government. We'll have our two reforms.
8-20-2022 Intel Guru MarkZ [via PDK] Lots of emails from groups as to how close we are and that we have “crossed the finish line” and are waiting for it to filter down to us. They were very positive. We will see guys.
8-20-2022 Newshound Guru Paulette The underlying fundamentals are sound...we should all be very happy and content that this will happen as we hope and expect. It is also apparent that we very likely can see a change relatively soon...soon may be a week away, a month away or a few months away. IMO, it just isn't to be expected until the process plays out where the International Community sees Iraq as having obtained security and stability. This could happen quickly but is not likely within the next few hours or days...
8-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Kazemi calling for all leaders to meet again...this time he wants all leaders to attend especially Sadr. He is seeking this to be for all citizens to see on television. Let's see if they do this.
8-20-2022 Newshound Guru Pimpy I never said the Iraqi dinar exchange rate wasn't going to change. It is going to change. I'm the one that said it's not going to happen overnight. It's not going be a reinstatement of the old rate. I'm the one that said it's going to be done in increments...
8-20-2022 Newshound Guru Kaperoni The options for the Iraqi dinar are a LOP and a float. The later being the preferred but until the conditions are appropriate where they pass laws, remove corruption and diversify their economy it won't happen.
8-20-2022 Intel Guru MarkZ [via PDK] ...In Iraq they do a lot of their day to day stuff in US dollars. That is now disappearing quickly. The spread is shrinking. This means the money changers in the streets are not making the big money they were making. Nobody wants to give up their dinar...while we don’t have a new rate- It seems to be moving in that direction while the dinar becomes more valuable in comparison to the US dollar...I feel really good about where we are at. Very positive news and I am still looking for the RV at any moment...
8-20-2022 Newshound Guru Clare Article: "Al-Hanana: There is no meeting between Al-Sadr and Al-Amiri except under conditions, one of which is a “live broadcast"
8-20-2022 Intel Guru Frank26 Maliki's gone. Do we see Abadi? No. ...All the trouble makers slowly going away...Sadr called for a meeting with Amiri... FIREFLY: Sadr and Amiri still on for...the meeting we think will set things off going well if Amiri goes and sides with Sadr. Wow! What a sight that would be...! FRANK: The citizens are excited. If Amiri can metamorphosize...and tell us, 'Alright, Sadr I'm with you.' Which means that he's with Kazemi, we'll have our government. We'll have our two reforms.
8-20-2022 Intel Guru MarkZ [via PDK] Lots of emails from groups as to how close we are and that we have “crossed the finish line” and are waiting for it to filter down to us. They were very positive. We will see guys.
8-19-2022 Intel Guru Bruce [vis WiserNow] ...one of our sources told us that we would be seeing some major activity and sort of an awesome almost like a revelation of things happening in the next few days...very possible that we get this thing started now through the weekend... we are very very close.
8-19-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The dollar on the street is falling...since the Finance Minister resigned. FRANK: And that is the plan of Kazemi and the governor of the Central Bank of Iraq...by cleaning out the infection that Maliki has been...your currency is gaining strength and the American dollar is falling. It's not being manipulated anymore...
8-19-2022 Intel Guru MarkZ [via PDK] ...After listening to [Guru] Nader [reference Nader's post below] and then talking to some contacts on the ground over there today…it appears what Nader was talking about today was the “kahones” of the Sadr crowd that want to have meetings with the CBI literally in the streets of Iraq. They want to do it publically and broadcast it…the discussion on the rate…They have indeed taken to the streets. They are expecting a new rate. The people of Iraq have rallied…this is going to be very interesting...The CBI and representatives of the government are now having this open conversation…not behind the scenes…but literally in the streets in front of the Presidential Palace. They are having this conversation in front of the people. This is huge…
8-19-2022 Newshound Guru MilitiaMan Article: "The central bank and the banking sector, the main financing and investment ring that supported the economy and protected it from collapse" It is going to be interesting to see how they go international with a program rate. It will be more interesting to see if they go international with a real effective exchange rate though!!! They sure seem to talk about being in accordance with international standards. A program rate of 1,460 I am fairly sure is not in compliance with international standards or they would have already done so...
8-19-2022 Newshound Guru Kaperoni The good news is the Central Bank of Iraq released an article...indicating that there has been some promising success with the economy and the GDP primarily as a result of implementing the White Paper.
8-19-2022 Newshound Guru Samson Question: "Have y’all noticed the gradual drop in currency sales?"
August 8th - 88,900,000
August 10th - 30,750,000
August 11th - 19,800,000
August 14th - 49,300,000
August 15th - 13,750,000
August 16th - 72,650,000
August 17th - 25,800,000
August 18th - 19,700,000
8-19-2022 Intel Guru MarkZ [via PDK] it still looks unsettled in Iraq…but it will look that way until the moment they flip the switch... They will release it…they are pushing to get it done.
8-19-2022 Newshound Guru Paulette Parliament has been effectively neutered and will be officially "dissolved" and a date of early elections set. Maliki cannot overcome what is going to happen. Sadr will win this issue and the Kazemi government will likely be removed from Caretaker status to Emergency Powers status. At this time, the Kazemi GOI will be able to be portrayed Internationally as a fully functional with all powers government of Iraq. He will be completely, unilaterally and unopposed be able to enact all laws and or policies to move the country past the "Emergency".
8-19-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] They're talking about the dollar exchange rate. They're saying...need to strengthen the local currency and stop the auctions all together but say may won't stop actions but sell dinar instead of dollar. FRANK: On Sunday in the evening they started to talk to them about the Iraqi dinar reforms, the white papers and a new exchange rate and that the auctions are really not gonna necessarily stop, they're just being changed...that's exactly what's going on.
8-19-2022 Guru Nader From The Mid East Sadr is asking to have another meeting with all the politicians but right on TV - like let's discuss this in front of the entire Iraqi population. Sorry for my language, but you have to have balls to ask for that. This guy has balls. I like this guy. I'm interested...He's right. This guy is going to fix shit. You know what? I'm gonna stick with him.
8-19-2022 Newshound Guru Sandy Ingram Breaking news in Iraq. Article: "Iraqi PM calls meeting of senior politicians to end crisis" It appears Iraqi leaders are working on a political roadmap without Al-Sadr... this is all over the global news. The existing Prime Minister Kazemi called a meeting...intending to find a solution to the current political crisis but here's the kicker, al-Sadr was not in the meeting...
8-19-2022 Intel Guru MarkZ [via PDK] ...I heard ...that “if” Iraq goes…then Vietnam would follow quickly - within hours to revalue theirs. They are major trading partners.
8-19-2022 Newshound/Intel Guru Mnt Goat "CENTRAL BANK OF IRAQ RESERVES RETURN TO LEVELS BEFORE ISIS WAR" Oh…but the dinar is still just 1/6 of a penny…maybe some day you can brag about the rate of your currency reflecting its TRUE value…very sad what they are doing to the Iraqi people in delaying all this wealth that can derived from their currency if they only released it to the world.
8-19-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The dollar on the street is falling...since the Finance Minister resigned. FRANK: And that is the plan of Kazemi and the governor of the Central Bank of Iraq...by cleaning out the infection that Maliki has been...your currency is gaining strength and the American dollar is falling. It's not being manipulated anymore...
8-19-2022 Intel Guru MarkZ [via PDK] ...After listening to [Guru] Nader [reference Nader's post below] and then talking to some contacts on the ground over there today…it appears what Nader was talking about today was the “kahones” of the Sadr crowd that want to have meetings with the CBI literally in the streets of Iraq. They want to do it publically and broadcast it…the discussion on the rate…They have indeed taken to the streets. They are expecting a new rate. The people of Iraq have rallied…this is going to be very interesting...The CBI and representatives of the government are now having this open conversation…not behind the scenes…but literally in the streets in front of the Presidential Palace. They are having this conversation in front of the people. This is huge…
8-19-2022 Newshound Guru MilitiaMan Article: "The central bank and the banking sector, the main financing and investment ring that supported the economy and protected it from collapse" It is going to be interesting to see how they go international with a program rate. It will be more interesting to see if they go international with a real effective exchange rate though!!! They sure seem to talk about being in accordance with international standards. A program rate of 1,460 I am fairly sure is not in compliance with international standards or they would have already done so...
8-19-2022 Newshound Guru Kaperoni The good news is the Central Bank of Iraq released an article...indicating that there has been some promising success with the economy and the GDP primarily as a result of implementing the White Paper.
8-19-2022 Newshound Guru Samson Question: "Have y’all noticed the gradual drop in currency sales?"
August 8th - 88,900,000
August 10th - 30,750,000
August 11th - 19,800,000
August 14th - 49,300,000
August 15th - 13,750,000
August 16th - 72,650,000
August 17th - 25,800,000
August 18th - 19,700,000
8-19-2022 Intel Guru MarkZ [via PDK] it still looks unsettled in Iraq…but it will look that way until the moment they flip the switch... They will release it…they are pushing to get it done.
8-19-2022 Newshound Guru Paulette Parliament has been effectively neutered and will be officially "dissolved" and a date of early elections set. Maliki cannot overcome what is going to happen. Sadr will win this issue and the Kazemi government will likely be removed from Caretaker status to Emergency Powers status. At this time, the Kazemi GOI will be able to be portrayed Internationally as a fully functional with all powers government of Iraq. He will be completely, unilaterally and unopposed be able to enact all laws and or policies to move the country past the "Emergency".
8-19-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] They're talking about the dollar exchange rate. They're saying...need to strengthen the local currency and stop the auctions all together but say may won't stop actions but sell dinar instead of dollar. FRANK: On Sunday in the evening they started to talk to them about the Iraqi dinar reforms, the white papers and a new exchange rate and that the auctions are really not gonna necessarily stop, they're just being changed...that's exactly what's going on.
8-19-2022 Guru Nader From The Mid East Sadr is asking to have another meeting with all the politicians but right on TV - like let's discuss this in front of the entire Iraqi population. Sorry for my language, but you have to have balls to ask for that. This guy has balls. I like this guy. I'm interested...He's right. This guy is going to fix shit. You know what? I'm gonna stick with him.
8-19-2022 Newshound Guru Sandy Ingram Breaking news in Iraq. Article: "Iraqi PM calls meeting of senior politicians to end crisis" It appears Iraqi leaders are working on a political roadmap without Al-Sadr... this is all over the global news. The existing Prime Minister Kazemi called a meeting...intending to find a solution to the current political crisis but here's the kicker, al-Sadr was not in the meeting...
8-19-2022 Intel Guru MarkZ [via PDK] ...I heard ...that “if” Iraq goes…then Vietnam would follow quickly - within hours to revalue theirs. They are major trading partners.
8-19-2022 Newshound/Intel Guru Mnt Goat "CENTRAL BANK OF IRAQ RESERVES RETURN TO LEVELS BEFORE ISIS WAR" Oh…but the dinar is still just 1/6 of a penny…maybe some day you can brag about the rate of your currency reflecting its TRUE value…very sad what they are doing to the Iraqi people in delaying all this wealth that can derived from their currency if they only released it to the world.
8-18-2022 Intel Guru Frank26 The Federal Courts IMO have already dissolved parliament many many months ago...Federal courts are not needed to dissolve parliament - parliament is dissolved. It's been dissolved...relax. Kazemi is your Prime Minister. Kazemi already has his government. He's been running the country of Iraq...repeat after me - parliament is dissolved
8-18-2022 Newshound Guru Pimpy I don't want you to get your hopes up and misunderstand what I'm saying. We have no idea what the rate change is that they're talking about. They might turn around and reinstate the rate to prior to this one which means it moves from 1450 for every dollar, back down to you get 1190. Sure it's a 27% increase but it's not the kind of exchange rate that you're looking for. [Post 2 of 2]
8-18-2022 Newshound Guru Pimpy Somebody [asked] can I make a case for the $3.22 rate for the Iraqi dinar...sure I could but I still think it's going to go up in increments. The only hope that anybody has that the rate would be reinstated would be if good old Maliki went in there...and messed around with it. All of a sudden we're hearing...the Coordination Framework talk about there has to be a change to strengthen the Iraqi dinar's exchange rate... [Post 1 of 2....stay tuned]
8-18-2022 Intel Guru MarkZ [via PDK] My redemption folks were hoping for an update this afternoon. Their update got put off until tomorrow...in Iraq the new acting finance minister is coming from the oil side…that is pretty exciting. They are pushing for that change in rate.
8-18-2022 Newshound Guru Clare Community "If parliament is basically dissolved and the executive branch under Kazemi is operating just fine, EFSL has passed and banks hooked up digitally and internationally, (Buna) I would think a new exchange rate would be presented SOON..." IT WILL BE VERY SOON IMO... WE ALL WANTED THIS DONE ALREADY ..I AM SURE ABOUT THAT! BUT IT IS VERY SOON COMING...
8-18-2022 Newshound Guru Breitling Iraq is planning on taking their currency and causing it to go international...with a real rate. If you don't think the Iraqi currency is manipulated then you're in the wrong investment...Iraq is trying to get rid of artificial inflation. You have to know the value of the currency in the past...there's 500 years of evidence on how a currency can be washed out and then brought back...
8-18-2022 Guru Nader From The Mid East Iraq today is going to be better. It's not going to be a civil war believe me. They will not let it go to the civil war. They're going to sit down one day and they're gonna talk about it and...the deal is done...the Iraqi people in the end we're gonna stick all together. I know that for a fact. We're gonna say, 'You know what, screw you all we don't want to lose our country...I hope that happen soon.
8-18-2022 Newshound Guru Paulette Parliament gives the GOI authority, not the other way around. When, and if, Parliament is
dissolved and early elections set, the Kazemi government must be given, by Parliament prior to dissolution, full emergency powers to enact anything required to maintain the country. If this occurs, the Kazemi government will have full unopposed Constitutional authority and the CBI hopefully will see this as full security and stability. [Post 2 of 2]
8-18-2022 Newshound Guru Paulette [Guru Clare Comment - REMEMBER THEY PASSED THE EFSL UNDER KAZEMI WHILE HE IS CONSIDERED A "CARETAKER GOV" (WHICH THEY ALL SAID HE COULD NOT PASS LAWS.. LOL)...CHECKMATE KAZEMI, SALEH & SADR! IMO] When Parliament was dissolved prior to elections, Kazemi's government entered "Caretaker Status" and remains there today...Parliament passed the EFSL not the Kazemi Caretaker GOI. The Kazemi version was shot down as unconstitutional as the Caretaker government has no authority to pass any new legislation... [Post 1 of 2....stay tuned]
8-18-2022 Intel Guru MarkZ [via PDK] Nothing negative today…just very quiet… I am expecting an update by this evening to see if the Redemption center folks are on call this weekend or not...No one is talking about timing…they just continue to say “be prepared - we are very close”.
8-18-2022 Newshound Guru Sandy Ingram A new way Iraq is planing to add annual revenue outside of the oil industry. This is important because...this is a part of the to-do list for increasing the value of the currency. Article: "Iraqi move to establish economic free zones" Free trade zones...are designated areas where finished goods and raw materials can be purchased, sold, manufactured, imported and exported without going through customs...even in the midst of political turmoil Iraq is making progress to stabilize the Iraqi economy...
8-18-2022 Newshound Guru Kaperoni Unfortunately flotation is the only solution but Iraq is years away due to the lack of laws, corruption, and economic growth. So the dinar will remain weak for now. So if you are an investor in Iraq and own Iraqi dinar you need to be prepared to wait several more years for them to create the conditions for Iraq to eventually float the dinar and allow it to gradually appreciate. [Post 2 of 2]
8-18-2022 Newshound Guru Kaperoni A new article came out... discussing strengthening the Iraqi dinar by deleting zeros (LOP) or flotation. The problem is they cannot float under the current circumstances due to the lack of economic growth and corruption. And a LOP doesn't solve problems, is a neutral event. For many years I've stated these are the only two options and now it is confirmed.... [Post 1 of 2....stay tuned]
8-18-2022 Intel Guru Frank26 Article: "With the resignation of the Minister of Finance the dollar is falling in the Baghdad markets" You mean we get rid of the guy that was causing problems with the monetary reform and all of a sudden the dollar starts to fall...? Isn't that exactly what the monetary reform is trying to accomplish? Kazemi has a plan. Relax...Kazemi and the CBI's plan is for the USD to fall!
8-18-2022 Intel Guru MarkZ [via PDK] Article: “For the first time in months in Iraq-$100 dollars less than 148,000 dinar. “ the price of the dollar is going down and the dinar is going up…that is a big sign of what they are expecting in Iraq.
8-18-2022 Newshound/Intel Guru Mnt Goat Article: "THE MINISTER OF FINANCE IS FOLLOWING UP ON THE IMPLEMENTATION OF THE STAGES OF THE FINANCIAL AND ECONOMIC REFORM PROGRAM" This is the kind of news we want to here. As long as they keep moving along with the White Paper we know they are on track for the reinstatement of the dinar to FOREX. It is not “if’ but “when”...
8-18-2022 Newshound Guru Pimpy I don't want you to get your hopes up and misunderstand what I'm saying. We have no idea what the rate change is that they're talking about. They might turn around and reinstate the rate to prior to this one which means it moves from 1450 for every dollar, back down to you get 1190. Sure it's a 27% increase but it's not the kind of exchange rate that you're looking for. [Post 2 of 2]
8-18-2022 Newshound Guru Pimpy Somebody [asked] can I make a case for the $3.22 rate for the Iraqi dinar...sure I could but I still think it's going to go up in increments. The only hope that anybody has that the rate would be reinstated would be if good old Maliki went in there...and messed around with it. All of a sudden we're hearing...the Coordination Framework talk about there has to be a change to strengthen the Iraqi dinar's exchange rate... [Post 1 of 2....stay tuned]
8-18-2022 Intel Guru MarkZ [via PDK] My redemption folks were hoping for an update this afternoon. Their update got put off until tomorrow...in Iraq the new acting finance minister is coming from the oil side…that is pretty exciting. They are pushing for that change in rate.
8-18-2022 Newshound Guru Clare Community "If parliament is basically dissolved and the executive branch under Kazemi is operating just fine, EFSL has passed and banks hooked up digitally and internationally, (Buna) I would think a new exchange rate would be presented SOON..." IT WILL BE VERY SOON IMO... WE ALL WANTED THIS DONE ALREADY ..I AM SURE ABOUT THAT! BUT IT IS VERY SOON COMING...
8-18-2022 Newshound Guru Breitling Iraq is planning on taking their currency and causing it to go international...with a real rate. If you don't think the Iraqi currency is manipulated then you're in the wrong investment...Iraq is trying to get rid of artificial inflation. You have to know the value of the currency in the past...there's 500 years of evidence on how a currency can be washed out and then brought back...
8-18-2022 Guru Nader From The Mid East Iraq today is going to be better. It's not going to be a civil war believe me. They will not let it go to the civil war. They're going to sit down one day and they're gonna talk about it and...the deal is done...the Iraqi people in the end we're gonna stick all together. I know that for a fact. We're gonna say, 'You know what, screw you all we don't want to lose our country...I hope that happen soon.
8-18-2022 Newshound Guru Paulette Parliament gives the GOI authority, not the other way around. When, and if, Parliament is
dissolved and early elections set, the Kazemi government must be given, by Parliament prior to dissolution, full emergency powers to enact anything required to maintain the country. If this occurs, the Kazemi government will have full unopposed Constitutional authority and the CBI hopefully will see this as full security and stability. [Post 2 of 2]
8-18-2022 Newshound Guru Paulette [Guru Clare Comment - REMEMBER THEY PASSED THE EFSL UNDER KAZEMI WHILE HE IS CONSIDERED A "CARETAKER GOV" (WHICH THEY ALL SAID HE COULD NOT PASS LAWS.. LOL)...CHECKMATE KAZEMI, SALEH & SADR! IMO] When Parliament was dissolved prior to elections, Kazemi's government entered "Caretaker Status" and remains there today...Parliament passed the EFSL not the Kazemi Caretaker GOI. The Kazemi version was shot down as unconstitutional as the Caretaker government has no authority to pass any new legislation... [Post 1 of 2....stay tuned]
8-18-2022 Intel Guru MarkZ [via PDK] Nothing negative today…just very quiet… I am expecting an update by this evening to see if the Redemption center folks are on call this weekend or not...No one is talking about timing…they just continue to say “be prepared - we are very close”.
8-18-2022 Newshound Guru Sandy Ingram A new way Iraq is planing to add annual revenue outside of the oil industry. This is important because...this is a part of the to-do list for increasing the value of the currency. Article: "Iraqi move to establish economic free zones" Free trade zones...are designated areas where finished goods and raw materials can be purchased, sold, manufactured, imported and exported without going through customs...even in the midst of political turmoil Iraq is making progress to stabilize the Iraqi economy...
8-18-2022 Newshound Guru Kaperoni Unfortunately flotation is the only solution but Iraq is years away due to the lack of laws, corruption, and economic growth. So the dinar will remain weak for now. So if you are an investor in Iraq and own Iraqi dinar you need to be prepared to wait several more years for them to create the conditions for Iraq to eventually float the dinar and allow it to gradually appreciate. [Post 2 of 2]
8-18-2022 Newshound Guru Kaperoni A new article came out... discussing strengthening the Iraqi dinar by deleting zeros (LOP) or flotation. The problem is they cannot float under the current circumstances due to the lack of economic growth and corruption. And a LOP doesn't solve problems, is a neutral event. For many years I've stated these are the only two options and now it is confirmed.... [Post 1 of 2....stay tuned]
8-18-2022 Intel Guru Frank26 Article: "With the resignation of the Minister of Finance the dollar is falling in the Baghdad markets" You mean we get rid of the guy that was causing problems with the monetary reform and all of a sudden the dollar starts to fall...? Isn't that exactly what the monetary reform is trying to accomplish? Kazemi has a plan. Relax...Kazemi and the CBI's plan is for the USD to fall!
8-18-2022 Intel Guru MarkZ [via PDK] Article: “For the first time in months in Iraq-$100 dollars less than 148,000 dinar. “ the price of the dollar is going down and the dinar is going up…that is a big sign of what they are expecting in Iraq.
8-18-2022 Newshound/Intel Guru Mnt Goat Article: "THE MINISTER OF FINANCE IS FOLLOWING UP ON THE IMPLEMENTATION OF THE STAGES OF THE FINANCIAL AND ECONOMIC REFORM PROGRAM" This is the kind of news we want to here. As long as they keep moving along with the White Paper we know they are on track for the reinstatement of the dinar to FOREX. It is not “if’ but “when”...
8-17-2022 Intel Guru MarkZ [via PDK] A lot of political turmoil in Iraq. They may not seat their government until the end of the month now. Don’t let it get to you. The CBI has told us over and over again that they get to pull the trigger. They do not need the government for that...
8-17-2022 Intel Guru Frank26 Article "The Iraqi judiciary officially responds to Al-Sadr's request to dissolve Parliament". YOU DON'T HAVE TO GO TO THE SUPREME COURT TO DISSOLVE PARLIAMENT BECAUSE... IT'S BEEN DISSOLVED ALL YEAR
8-17-2022 Newshound Guru Samson Article "Food security and the white paper.. Expose the reasons for the resignation of the Minister of Finance" Quote "Among the reasons is the disbursement of the funds of the Emergency Food Security Support Law," noting that "Al-Kazemi tried to dissuade Allawi from resigning, but the latter was insisting on his resignation."
8-17-2022 Newshound/Intel Guru Paulette When the IQD RI's, there will no longer be a need for vendors to purchase USD in order to cover imports and the people will no longer desire USD over IQD as (hopefully) the IQD will be seen as more valuable. Additionally, when the vendors can use IQD to purchase imports, they will not only be happy to accept IQD but will prefer it. Therefore, when the IQD is reinstated, the Currency Sales volume will be very minimal as there would be limited demand...
8-17-2022 Intel Guru Bruce [via WiserNow] They had put out a rate at least in the region, and they had been trading that rate up somewhat since it first came out and they decided they would pay all the contractors working in Iraq, starting...the 15th at the newly revalued dinar rate...Now, what's interesting about it is that we thought as a result...that we would not only have a new rate from them, but would we get notified and when would we start? ...what I'm hearing is looking very good for tomorrow [Wednesday] - looking very good.
8-17-2022 Newshound Guru Clare Article: "A legal expert reveals exciting details about Allawi's resignation: The government has
resigned in its entirety" IT IS NOT A RESIGNATION LIKE WE THINK (FROM THE ARTICLE: "it is not considered a resignation in the legal and constitutional sense. It is a political position before it is an executive government.")
8-17-2022 Intel Guru MarkZ [via PDK] Some fun things did happen on the 15th…I hope to soon get permission to share it…but this tells me we are close to the end. I had hoped to have news from Iraq and the big meeting today in the Presidential Palace...I am hearing the meeting has been fruitful. I was hoping to have results by now but the meeting is on going. Still hearing good stuff from finance minister and CBI contacts over there...Remember...we talked about the Iraqi Finance minister who was very much in the way of the RV has resigned/stepped down…that was enormous news...it has been overwhelmingly positive…we just have not crossed the finish line yet.
8-17-2022 Intel Guru Frank26 Article: "The government comments on the possibility of restoring the dollar exchange rate and ending the currency auction". DOUBLE TALK WILL CAUSE YOU TO LOOSE YOUR JOB... ISN'T THAT RIGHT FINANCE MINISTER. Article: "Finance Minister Ali Allawi submits his resignation during the cabinet session" GOING AGAINST KAZEMI CAN BE BAD FOR YOUR...JOB.
8-17-2022 Newshound Guru Samson Article: "With the resignation of the Minister of Finance...the dollar is falling in the Baghdad markets" [NOTE: Dollar rate falling in Iraq means dinar is rising.]
8-17-2022 Newshound Guru Sandy Ingram After 2 weeks of the sit in of the Al-Sadr supporters at the Iraqi parliament building and in the green zone, Iraq's supreme judicial council said...it lacks the authority to dissolve parliament...under the constitution parliament can only be dissolved by an absolute majority vote in the house following a request by 1/3 of deputies or by the prime minister with the approval of the president...
8-17-2022 Newshound Guru Kaperoni The minister of finance in Iraq resigned...stating his reasons being the inability of the government to implement economic reforms due to the ongoing political bickering. This nonsense never ends.
8-17-2022 Newshound/Intel Guru Mnt Goat There is lots of news from the CBI...They have been very active. Is something being planned? ...Overall it seems that there may be final preparations and checks going on with the CBI for some event...we have read announcements that its cash reserves rose to 82 billion USD and will most likely reach 92 billion by the end of this year. WOW...This will be at the level prior to ISIS war and very close...matches what Dr Shabibi had accomplished by 2012, when he targeted Jan 2013 to reinstate...
I am hearing from my CBI source that they are reaching their target. This is yet more evidence...The dinar is NOT on a normal float but the CBI can change the rate at any time.
8-17-2022 Intel Guru Frank26 Article "The Iraqi judiciary officially responds to Al-Sadr's request to dissolve Parliament". YOU DON'T HAVE TO GO TO THE SUPREME COURT TO DISSOLVE PARLIAMENT BECAUSE... IT'S BEEN DISSOLVED ALL YEAR
8-17-2022 Newshound Guru Samson Article "Food security and the white paper.. Expose the reasons for the resignation of the Minister of Finance" Quote "Among the reasons is the disbursement of the funds of the Emergency Food Security Support Law," noting that "Al-Kazemi tried to dissuade Allawi from resigning, but the latter was insisting on his resignation."
8-17-2022 Newshound/Intel Guru Paulette When the IQD RI's, there will no longer be a need for vendors to purchase USD in order to cover imports and the people will no longer desire USD over IQD as (hopefully) the IQD will be seen as more valuable. Additionally, when the vendors can use IQD to purchase imports, they will not only be happy to accept IQD but will prefer it. Therefore, when the IQD is reinstated, the Currency Sales volume will be very minimal as there would be limited demand...
8-17-2022 Intel Guru Bruce [via WiserNow] They had put out a rate at least in the region, and they had been trading that rate up somewhat since it first came out and they decided they would pay all the contractors working in Iraq, starting...the 15th at the newly revalued dinar rate...Now, what's interesting about it is that we thought as a result...that we would not only have a new rate from them, but would we get notified and when would we start? ...what I'm hearing is looking very good for tomorrow [Wednesday] - looking very good.
8-17-2022 Newshound Guru Clare Article: "A legal expert reveals exciting details about Allawi's resignation: The government has
resigned in its entirety" IT IS NOT A RESIGNATION LIKE WE THINK (FROM THE ARTICLE: "it is not considered a resignation in the legal and constitutional sense. It is a political position before it is an executive government.")
8-17-2022 Intel Guru MarkZ [via PDK] Some fun things did happen on the 15th…I hope to soon get permission to share it…but this tells me we are close to the end. I had hoped to have news from Iraq and the big meeting today in the Presidential Palace...I am hearing the meeting has been fruitful. I was hoping to have results by now but the meeting is on going. Still hearing good stuff from finance minister and CBI contacts over there...Remember...we talked about the Iraqi Finance minister who was very much in the way of the RV has resigned/stepped down…that was enormous news...it has been overwhelmingly positive…we just have not crossed the finish line yet.
8-17-2022 Intel Guru Frank26 Article: "The government comments on the possibility of restoring the dollar exchange rate and ending the currency auction". DOUBLE TALK WILL CAUSE YOU TO LOOSE YOUR JOB... ISN'T THAT RIGHT FINANCE MINISTER. Article: "Finance Minister Ali Allawi submits his resignation during the cabinet session" GOING AGAINST KAZEMI CAN BE BAD FOR YOUR...JOB.
8-17-2022 Newshound Guru Samson Article: "With the resignation of the Minister of Finance...the dollar is falling in the Baghdad markets" [NOTE: Dollar rate falling in Iraq means dinar is rising.]
8-17-2022 Newshound Guru Sandy Ingram After 2 weeks of the sit in of the Al-Sadr supporters at the Iraqi parliament building and in the green zone, Iraq's supreme judicial council said...it lacks the authority to dissolve parliament...under the constitution parliament can only be dissolved by an absolute majority vote in the house following a request by 1/3 of deputies or by the prime minister with the approval of the president...
8-17-2022 Newshound Guru Kaperoni The minister of finance in Iraq resigned...stating his reasons being the inability of the government to implement economic reforms due to the ongoing political bickering. This nonsense never ends.
8-17-2022 Newshound/Intel Guru Mnt Goat There is lots of news from the CBI...They have been very active. Is something being planned? ...Overall it seems that there may be final preparations and checks going on with the CBI for some event...we have read announcements that its cash reserves rose to 82 billion USD and will most likely reach 92 billion by the end of this year. WOW...This will be at the level prior to ISIS war and very close...matches what Dr Shabibi had accomplished by 2012, when he targeted Jan 2013 to reinstate...
I am hearing from my CBI source that they are reaching their target. This is yet more evidence...The dinar is NOT on a normal float but the CBI can change the rate at any time.
8-16-2022 Intel Guru Frank26 The CBI is not waiting on the GOI. The GOI needs to sit down. Once they sit down then you'll see a 'confidence'...
8-16-2022 Intel Guru MarkZ [via PDK] Out of Iraq: “With the resignation of the minister of finance-the dollar is falling in the Baghdad markets” What does that mean? It means the dollar doesn’t buy as much dinar. They are very excited with the resignation of Muhammid Allowi. He has been a stickler in the side of allowing this to move forward. He has resigned...We are looking at big happenings over the next 18 hours or so I Iraq…It is very exciting to see what is going on there. The markets there are already responding by weakening the US dollar and strengthening the Iraqi dinar. This is big news guys.
8-16-2022 Newshound Guru Samson Article: "Al-Kazemi assigns the Minister of Oil the duties of the Ministry of Finance as an agency" Quote: "...the decision to assign it will be temporary, and it came after the approval of the resignation of Finance Minister Ali Allawi."
8-16-2022 Newshound Guru Clare Article: "The Governor of the Central Bank of Iraq receives the head of the Iraqi Media Network" WHY? I WOULD IMAGINE BECAUSE THEY ARE GETTING READY FOR THE RELEASE OF A BIG MEDIA CAMPAIGN ABOUT CHANGES COMING FROM THE CBI...
8-16-2022 Intel Guru MarkZ [via PDK] [I heard there may be a 37% tax off the top.] I am still hearing no taxes… [NOTE: Always speak with your tax advisors at the appropriate time to be sure you're paying the appropriate tax for your unique situation. ]
8-16-2022 Newshound Guru Sandy Ingram Article: "Iraq Planning Increased Oil Production in "Coming Years" The First Vice President of the Iraqi National Oil Company said that oil production in Iraq can be increased to 5 to 8 million barrels per day during the coming years...Oil prices dropped slightly on last Tuesday over the potential of Iran oil reaching the global markets. This has to do with the Iran nuclear deal.
8-16-2022 Newshound Guru Pimpy A floating rate? I would love to see that. That means the Iraqi dinar would be on the Forex. It's not there currently but...we would really see then what the true value of the Iraq dinar is because it'll be dictated by the market.
8-16-2022 Newshound/Intel Guru Paulette IMO "Auctions" stopped years ago and they were transformed to "Currency Sales"....Currently, the Currency Sales are predominantly to cover imports and secondarily to provide adequate USD in the country to keep the rate stable. This is true supply and demand.
8-16-2022 Intel Guru MarkZ [via PDK] ...I continue to get information that in Iraq they are preparing for the imminent release ...they are very confident that it is “days and not weeks” especially since they moving forward at the CBI. I do not know for certain if we are getting notifications this week. Is there tremendous progress and movement going on? Yes. Is there contractors with some rates? Yes... Do I know what those rates are? No. Can I tell you that at this point it is believed to be extremely close? Yes. But I do not know the exact timing yet. I can tell you there has been tremendous progress and I am excited. I am literally waiting moment to moment to get that call to let me know “it’s time”!!! There has been fantastic news.
8-16-2022 Newshound Guru Samson Article: "The Minister of Finance submits his resignation, and Al-Kazemi agrees"
8-16-2022 Newshound Guru Kaperoni The prime minister's advisor Al-Jubouri had a great comment today on the dinar, basically saying that the government cannot make a random decision that only supply and demand will increase its value. In other words Iraq's economy needs to grow and they need to float the dinar.
8-16-2022 Newshound Guru Militiaman CBI told us the 08/15/2022 all banks must be hooked up to the new electronic platform. Why would they need a new platform if they were going to stick around at a 1460 rate? They wouldn't.. The next stage is going to the private sector...GOI put out all the educational videos over the last week or two.. All for the next stage.. imo
8-16-2022 Newshound Guru Samson Article: "The Central Bank is silent” .. Economists diagnose “disasters” in the currency auction, and beneficiaries: inaccurate"
8-16-2022 Intel Guru MarkZ [via PDK] Still hearing dong around $2.30 and Dinar around $4 bucks. This is the “street value” .
8-16-2022 Newshound Guru BobTheTaxMan The facts regarding taxation on the IQD - It's going to be ordinary income. Meaning it doesn't get the favored tax treatment that a capital asset would...the taxes due will be calculated by your person tax bracket and your marital status when you exchange the IQD for the USD...the maximum taxation on IQD exchange would range from about 37% for the federal and then we have California that wants to add 13% [or what your state wants] more so you're looking at 50% you're gonna lose... [NOTE - Consult your financial and tax professionals at the appropriate time to build the most advantageous tax and exchange plan for your unique circumstances.]
8-16-2022 Intel Guru MarkZ [via PDK] Out of Iraq: “With the resignation of the minister of finance-the dollar is falling in the Baghdad markets” What does that mean? It means the dollar doesn’t buy as much dinar. They are very excited with the resignation of Muhammid Allowi. He has been a stickler in the side of allowing this to move forward. He has resigned...We are looking at big happenings over the next 18 hours or so I Iraq…It is very exciting to see what is going on there. The markets there are already responding by weakening the US dollar and strengthening the Iraqi dinar. This is big news guys.
8-16-2022 Newshound Guru Samson Article: "Al-Kazemi assigns the Minister of Oil the duties of the Ministry of Finance as an agency" Quote: "...the decision to assign it will be temporary, and it came after the approval of the resignation of Finance Minister Ali Allawi."
8-16-2022 Newshound Guru Clare Article: "The Governor of the Central Bank of Iraq receives the head of the Iraqi Media Network" WHY? I WOULD IMAGINE BECAUSE THEY ARE GETTING READY FOR THE RELEASE OF A BIG MEDIA CAMPAIGN ABOUT CHANGES COMING FROM THE CBI...
8-16-2022 Intel Guru MarkZ [via PDK] [I heard there may be a 37% tax off the top.] I am still hearing no taxes… [NOTE: Always speak with your tax advisors at the appropriate time to be sure you're paying the appropriate tax for your unique situation. ]
8-16-2022 Newshound Guru Sandy Ingram Article: "Iraq Planning Increased Oil Production in "Coming Years" The First Vice President of the Iraqi National Oil Company said that oil production in Iraq can be increased to 5 to 8 million barrels per day during the coming years...Oil prices dropped slightly on last Tuesday over the potential of Iran oil reaching the global markets. This has to do with the Iran nuclear deal.
8-16-2022 Newshound Guru Pimpy A floating rate? I would love to see that. That means the Iraqi dinar would be on the Forex. It's not there currently but...we would really see then what the true value of the Iraq dinar is because it'll be dictated by the market.
8-16-2022 Newshound/Intel Guru Paulette IMO "Auctions" stopped years ago and they were transformed to "Currency Sales"....Currently, the Currency Sales are predominantly to cover imports and secondarily to provide adequate USD in the country to keep the rate stable. This is true supply and demand.
8-16-2022 Intel Guru MarkZ [via PDK] ...I continue to get information that in Iraq they are preparing for the imminent release ...they are very confident that it is “days and not weeks” especially since they moving forward at the CBI. I do not know for certain if we are getting notifications this week. Is there tremendous progress and movement going on? Yes. Is there contractors with some rates? Yes... Do I know what those rates are? No. Can I tell you that at this point it is believed to be extremely close? Yes. But I do not know the exact timing yet. I can tell you there has been tremendous progress and I am excited. I am literally waiting moment to moment to get that call to let me know “it’s time”!!! There has been fantastic news.
8-16-2022 Newshound Guru Samson Article: "The Minister of Finance submits his resignation, and Al-Kazemi agrees"
8-16-2022 Newshound Guru Kaperoni The prime minister's advisor Al-Jubouri had a great comment today on the dinar, basically saying that the government cannot make a random decision that only supply and demand will increase its value. In other words Iraq's economy needs to grow and they need to float the dinar.
8-16-2022 Newshound Guru Militiaman CBI told us the 08/15/2022 all banks must be hooked up to the new electronic platform. Why would they need a new platform if they were going to stick around at a 1460 rate? They wouldn't.. The next stage is going to the private sector...GOI put out all the educational videos over the last week or two.. All for the next stage.. imo
8-16-2022 Newshound Guru Samson Article: "The Central Bank is silent” .. Economists diagnose “disasters” in the currency auction, and beneficiaries: inaccurate"
8-16-2022 Intel Guru MarkZ [via PDK] Still hearing dong around $2.30 and Dinar around $4 bucks. This is the “street value” .
8-16-2022 Newshound Guru BobTheTaxMan The facts regarding taxation on the IQD - It's going to be ordinary income. Meaning it doesn't get the favored tax treatment that a capital asset would...the taxes due will be calculated by your person tax bracket and your marital status when you exchange the IQD for the USD...the maximum taxation on IQD exchange would range from about 37% for the federal and then we have California that wants to add 13% [or what your state wants] more so you're looking at 50% you're gonna lose... [NOTE - Consult your financial and tax professionals at the appropriate time to build the most advantageous tax and exchange plan for your unique circumstances.]
8-15-2022 Guru Nader From The Mid East It's a good news. Even with their crisis going on in Iraq the private sector are doing a lot better and the revenue besides the oil revenues is up and it's increasing and it's gonna be a lot better. Like I said before it's a waiting game so you're gonna have to wait a little bit until everything is set up.
8-15-2022 Intel Guru MarkZ [via PDK] [Did they kick the can again?] I don’t think they are kicking the can…. There were a lot of behind the scenes things moving today...I did have some conversations with Iraqi contacts today. I am still hearing the rate is agreed to and the timing is agreed to with the CBI. I’m feeling confident guys even though we don’t know the exact timing. Contractors are pretty excited. My 3 contacts won’t share what the rate is but just said they were very successful getting the new contracts and rates renegotiated. I wish I could say more but I am walking on the razor with this one.
8-15-2022 Newshound Guru Kaperoni Two new articles came out tonight one from central bank and another from an advisor of the prime minister both of them confirming that currently there is no reason to change the exchange rate and only with the success and growth of the economy can the dinar exchange rate change.
8-15-2022 Newshound Guru Samson Article: "The government comments on the possibility of restoring the dollar exchange rate and ending the currency auction" Quote: "...the issuance of a decision regarding the exchange rate of the dollar to decrease or raise is excluded at the present time. The best solution to end the crisis of the devaluation of the dinar is the currency to strengthen the local currency, expand its activity and diversify its sources..."
8-15-2022 Intel Guru MarkZ [via PDK] There is zero negative news. Even though they are blowing smoke, backtracked on it, planted more smoke and backtracked on it… We saw the same kind of smoke coming from Kuwait and China when they RV’d in the past. Things are happening just as we expected they would.
8-15-2022 Newshound Guru Clare Article: "Dissolving Parliament without forming an interim government means that Al-Kazemi and Barham will remain" IS THIS A FORMAL ANNOUNCEMENT? ...NO IT IS NOT...DO YOU SEE THE CHESS GAME GOING ON? KAZEMI, SADR & SALIH HOLD THE CHECKMATE MOVE ... THIS MAN Alaa Al-Rikabi, HAS ANNOUNCED WHAT IS ABOUT TO HAPPEN AND HOW? THROUGH SOCIAL MEDIA DIRECTLY TO THE PEOPLE! AS WITH IRAQ WE WILL SEE THE BACK AND FORTH IN THE ARTICLES ... WE WILL SEE KAZEMI MAKE HIS ANNOUNCEMENTS VERY SOON...
8-15-2022 Newshound Guru Pimpy If there's a huge demand for the Iraqi dinar, and I would imagine once it hits the Forex you would see people streaming over to it, it would definitely change the Iraqi dinar's exchange rate. It would increase it...right now Iraq's currency is pegged to ours. It's not floating. Once it floats though it should be a free-for-all. I'm curious to see how the Iraqi dinar is going to handle being on the Forex market. [Post 2 of 2]
8-15-2022 Newshound Guru Pimpy A "Floating Exchange Rate" is a regime where the currency price of the nation is set by the Forex market based on supply and demand relative to other currencies. This is in contrast to a "Fixed Exchange rate in which the government entirely or predominately determines the rate. We know right now the Iraqi dinar is on a fixed rate. A floating exchange rate is one that is determined by supply and demand... [Post 1 of 2....stay tuned]
8-15-2022 Intel Guru MarkZ [via PDK] [Today is the 15th. Contractors payday!...Are the contractors being paid in IQD?] My contractors are excited even though I do not have specifics on rate. The re-negotiations went exceptionally well. Now we will see if payday is this week with the new rate or not. [This would be an excellent week for the RV to begin] Yes it would…we are hearing positive things...I am very excited about this week. If we do not see the new rate this week …I believe we may have clear site as to when to expect it. So many things…real world things and even behind the scenes things are all coming together... We will have to sit here at the edge of our seats while we watch this play out.
8-15-2022 Intel Guru Frank26 Article: "Al-Tamimi: The Federal Court Can Dissolve Parliament According To These Articles" IN MY OPINION, IT LOOKS LIKE IT'S GOING TO BE THIS WAY...
8-15-2022 Newshound Guru Militiaman Article: "Central Bank Governor: Positive indications of an increase in the rate of non-oil revenues" A very bullish report out from the CBI. Increase in reserves is expected, continuous growth from non oil revenues and the implementation of the white papers. The CBI is telling us the next stage is to be even better...
8-15-2022 Intel Guru MarkZ [via PDK] [Did they kick the can again?] I don’t think they are kicking the can…. There were a lot of behind the scenes things moving today...I did have some conversations with Iraqi contacts today. I am still hearing the rate is agreed to and the timing is agreed to with the CBI. I’m feeling confident guys even though we don’t know the exact timing. Contractors are pretty excited. My 3 contacts won’t share what the rate is but just said they were very successful getting the new contracts and rates renegotiated. I wish I could say more but I am walking on the razor with this one.
8-15-2022 Newshound Guru Kaperoni Two new articles came out tonight one from central bank and another from an advisor of the prime minister both of them confirming that currently there is no reason to change the exchange rate and only with the success and growth of the economy can the dinar exchange rate change.
8-15-2022 Newshound Guru Samson Article: "The government comments on the possibility of restoring the dollar exchange rate and ending the currency auction" Quote: "...the issuance of a decision regarding the exchange rate of the dollar to decrease or raise is excluded at the present time. The best solution to end the crisis of the devaluation of the dinar is the currency to strengthen the local currency, expand its activity and diversify its sources..."
8-15-2022 Intel Guru MarkZ [via PDK] There is zero negative news. Even though they are blowing smoke, backtracked on it, planted more smoke and backtracked on it… We saw the same kind of smoke coming from Kuwait and China when they RV’d in the past. Things are happening just as we expected they would.
8-15-2022 Newshound Guru Clare Article: "Dissolving Parliament without forming an interim government means that Al-Kazemi and Barham will remain" IS THIS A FORMAL ANNOUNCEMENT? ...NO IT IS NOT...DO YOU SEE THE CHESS GAME GOING ON? KAZEMI, SADR & SALIH HOLD THE CHECKMATE MOVE ... THIS MAN Alaa Al-Rikabi, HAS ANNOUNCED WHAT IS ABOUT TO HAPPEN AND HOW? THROUGH SOCIAL MEDIA DIRECTLY TO THE PEOPLE! AS WITH IRAQ WE WILL SEE THE BACK AND FORTH IN THE ARTICLES ... WE WILL SEE KAZEMI MAKE HIS ANNOUNCEMENTS VERY SOON...
8-15-2022 Newshound Guru Pimpy If there's a huge demand for the Iraqi dinar, and I would imagine once it hits the Forex you would see people streaming over to it, it would definitely change the Iraqi dinar's exchange rate. It would increase it...right now Iraq's currency is pegged to ours. It's not floating. Once it floats though it should be a free-for-all. I'm curious to see how the Iraqi dinar is going to handle being on the Forex market. [Post 2 of 2]
8-15-2022 Newshound Guru Pimpy A "Floating Exchange Rate" is a regime where the currency price of the nation is set by the Forex market based on supply and demand relative to other currencies. This is in contrast to a "Fixed Exchange rate in which the government entirely or predominately determines the rate. We know right now the Iraqi dinar is on a fixed rate. A floating exchange rate is one that is determined by supply and demand... [Post 1 of 2....stay tuned]
8-15-2022 Intel Guru MarkZ [via PDK] [Today is the 15th. Contractors payday!...Are the contractors being paid in IQD?] My contractors are excited even though I do not have specifics on rate. The re-negotiations went exceptionally well. Now we will see if payday is this week with the new rate or not. [This would be an excellent week for the RV to begin] Yes it would…we are hearing positive things...I am very excited about this week. If we do not see the new rate this week …I believe we may have clear site as to when to expect it. So many things…real world things and even behind the scenes things are all coming together... We will have to sit here at the edge of our seats while we watch this play out.
8-15-2022 Intel Guru Frank26 Article: "Al-Tamimi: The Federal Court Can Dissolve Parliament According To These Articles" IN MY OPINION, IT LOOKS LIKE IT'S GOING TO BE THIS WAY...
8-15-2022 Newshound Guru Militiaman Article: "Central Bank Governor: Positive indications of an increase in the rate of non-oil revenues" A very bullish report out from the CBI. Increase in reserves is expected, continuous growth from non oil revenues and the implementation of the white papers. The CBI is telling us the next stage is to be even better...
8-14-2022 Guest Guru Humble1 Article: "The Federal Court will consider the constitutionality of the Food Security Law next Monday" ...Here is the proof that at least parts of the law are unconstitutional. The EFSL that passed parliament was the second version of the law, as the courts had already ruled the first version was unconstitutional, and it never even got voted on. So either part of the law will get struck down or the whole thing...
8-14-2022 Intel Guru Frank26 Article: "The current and the framework issue new directives to their supporters to mobilize counter-demonstrations" NO RIOTS FROM THE FRAMEWORK THANK GOD...
8-14-2022 Guest Guru Suzie ...the 15th is rolling around pretty quickly when the banks should be hooked up internationally/digitally and with contracts signed I would think we'll be aware of a new rate shortly...
8-14-2022 Newshound Guru Clare Article: "Al-Tamimi: The Federal Court Can Dissolve Parliament According To These Articles". BOOM!
8-14-2022 Newshound Guru Kaperoni These are the kinds of results we have been looking forward to hearing...Stick to the truth, facts.. CBI News. Remember, you don't randomly increase the value of your currency before the success and growth of your economy, you allow your currency to rise as a result of the growth of your economy. The more success Iraq has the greater potential for the dinar to rise over time. This is exactly the directive of the IMF. [Post 2 of 2]
8-14-2022 Newshound Guru Kaperoni Excellent article tonight from the Central Bank of Iraq indicating that there are positive indicators regarding the growth rates of domestic product (GDP) and non-oil revenues in Iraq. They confirm that these indicators or analysis are a result of the government's implementation of the White Papers and non-oil revenues. [Post 1 of 2....stay tuned]
8-14-2022 Newshound Guru Jeff They have to keep it a secret...all the political news is...scripted BS because all of this is classified...Iraq is secretly going to have a formed complete government. They're not going to tell you how they are going to do it. It will remain a secret to catch everybody by surprise so that when they revalue the currency it catches you by surprise... [Post 2 of 2]
8-14-2022 Newshound Guru Jeff Since they've been approving the Food and Security Law they've fully setting the stage and preparing to revalue ...But the Central Bank told you that they will not be revaluing the currency unless the government is formed...So the rate change has dependency ...but...they can't reveal to you how and when they're gonna form the government. [Post 1 of 2....stay tuned]
8-14-2022 Newshound Guru Tivon Community comment: "August 15 is looming." All banks by or on that date will be ready to interlink digitally through BUNA...The reinstatement can be made efficiently and instantly... I'm excited about the 15th and every hour after that day. Al-Sadr knows something as I'm sure Mustafa, Kazemi, and Sadr all know the playbook. What else could he reward them with after dissolution?
8-14-2022 Newshound Guru Samson Article: "Central Bank Governor: Positive indications of an increase in the rate of non-oil revenues"
8-14-2022 Newshound Guru Militiaman Article: "About 300 Iraqi officials and ministers accused of corruption and integrity cases recover two trillion dinars" Sadr brought more than meets the eye(s) to meetings. He wants no one with corruption on their hands to benefit from the re - instatement or re - valuation. Nor does Kahdimi.
8-14-2022 Newshound Guru NORV [aka Kaperoni] Article: "The Central Bank of Iraq: Positive indicators of an increase in GDP growth rates and revenues" Now this is the kind of news we want to see...They are beginning to see improvement in diversifying the economy. And the results of that success will be as the IMF directed years ago...To allow the dinar to gradually appreciate. Exactly as we are hoping for...Direct from the CBI...
8-14-2022 Intel Guru Frank26 Article: "The current and the framework issue new directives to their supporters to mobilize counter-demonstrations" NO RIOTS FROM THE FRAMEWORK THANK GOD...
8-14-2022 Guest Guru Suzie ...the 15th is rolling around pretty quickly when the banks should be hooked up internationally/digitally and with contracts signed I would think we'll be aware of a new rate shortly...
8-14-2022 Newshound Guru Clare Article: "Al-Tamimi: The Federal Court Can Dissolve Parliament According To These Articles". BOOM!
8-14-2022 Newshound Guru Kaperoni These are the kinds of results we have been looking forward to hearing...Stick to the truth, facts.. CBI News. Remember, you don't randomly increase the value of your currency before the success and growth of your economy, you allow your currency to rise as a result of the growth of your economy. The more success Iraq has the greater potential for the dinar to rise over time. This is exactly the directive of the IMF. [Post 2 of 2]
8-14-2022 Newshound Guru Kaperoni Excellent article tonight from the Central Bank of Iraq indicating that there are positive indicators regarding the growth rates of domestic product (GDP) and non-oil revenues in Iraq. They confirm that these indicators or analysis are a result of the government's implementation of the White Papers and non-oil revenues. [Post 1 of 2....stay tuned]
8-14-2022 Newshound Guru Jeff They have to keep it a secret...all the political news is...scripted BS because all of this is classified...Iraq is secretly going to have a formed complete government. They're not going to tell you how they are going to do it. It will remain a secret to catch everybody by surprise so that when they revalue the currency it catches you by surprise... [Post 2 of 2]
8-14-2022 Newshound Guru Jeff Since they've been approving the Food and Security Law they've fully setting the stage and preparing to revalue ...But the Central Bank told you that they will not be revaluing the currency unless the government is formed...So the rate change has dependency ...but...they can't reveal to you how and when they're gonna form the government. [Post 1 of 2....stay tuned]
8-14-2022 Newshound Guru Tivon Community comment: "August 15 is looming." All banks by or on that date will be ready to interlink digitally through BUNA...The reinstatement can be made efficiently and instantly... I'm excited about the 15th and every hour after that day. Al-Sadr knows something as I'm sure Mustafa, Kazemi, and Sadr all know the playbook. What else could he reward them with after dissolution?
8-14-2022 Newshound Guru Samson Article: "Central Bank Governor: Positive indications of an increase in the rate of non-oil revenues"
8-14-2022 Newshound Guru Militiaman Article: "About 300 Iraqi officials and ministers accused of corruption and integrity cases recover two trillion dinars" Sadr brought more than meets the eye(s) to meetings. He wants no one with corruption on their hands to benefit from the re - instatement or re - valuation. Nor does Kahdimi.
8-14-2022 Newshound Guru NORV [aka Kaperoni] Article: "The Central Bank of Iraq: Positive indicators of an increase in GDP growth rates and revenues" Now this is the kind of news we want to see...They are beginning to see improvement in diversifying the economy. And the results of that success will be as the IMF directed years ago...To allow the dinar to gradually appreciate. Exactly as we are hoping for...Direct from the CBI...
8-13-2022 Newshound Guru Pimpy This is the one thing Iraqi dinar investors are frustrated with all the time. Every time it seems like we're starting to get to where we need to be then there's always some kind of delay...something that pops up that keeps the Iraqi dinar exchange rate from increasing in value. If it ain't one thing it's another...the reason why people don't give up their dinar is because the potential is there...I still think it will go up in increments. If the country can get their act together it'll go up much much quicker than you think... [Post 2 of 2]
8-13-2022 Newshound Guru Pimpy Right before this election things seemed to be well on its way on the best path we could possibly go... Iraq met the qualifications to be released [from UNSC Chapter 7]. In addition to that they're being expedited through The WTO organization academy. Al-Kazemi had implemented the reform white papers...Money was about to be invested into the private and public sectors. They were finding alternative ways to generate revenue away from the oil market...the cost of buying oil had increased... [Post 1 of 2....stay tuned]
8-13-2022 Intel Guru Frank26 GROUPS LIKE THE UN HUMANITARIAN PROJECT...OR THE CHINA GROUP...OR THE INDIAN RESERVATION EXCHANGE...OR THE SHIP IN THE PACIFIC OCEAN UNDER INTERNATIONAL WATERS...OR WHATEVER THESE GROUPS HAVE MADE UP THROUGHOUT THE YEARS...TRUST ME...NOBODY IS GOING TO GIVE YOU MORE THAN WHAT THE CBI WILL GIVE BECAUSE IT'S AGAINST THE LAW TO HAVE TWO EXCHANGE RATES FOR ONE CURRENCY...SO CALLED NDA IS NOT TRUE. IT'S LIKE THE SO CALLED 800#...
8-13-2022 Newshound Guru Samson Article: "Commencement of construction of the "tallest" residential tower in Iraq " Quote: "This project will be completed within four years, and its length is 210 meters, which is the longest in Iraq and includes 52 floors"
8-13-2022 Intel Guru MarkZ [via PDK] [At one time we heard the VND will be 85% of the IQD…. What do you think?] I Think it will be more like 50-60% of the iQD…but I hope I am wrong and they are right.
8-13-2022 Newshound Guru Sandy Ingram Article: "Central Bank of Iraq reserves return to levels before ISIS war" The CBI announced that its cash reserves rose to $82 billion which is the level prior to the ISIS war and advanced 10 ranks in the list of countries with the largest gold reserves in the world with 130 tons. These factors play a huge part in a country's foreign currency exchange rate...
8-13-2022 Newshound Guru Tivon I am 100% excited about August 15th. Why? Because for the first time in this investment all banks in Iraq will be ready for the new rate. Al-Kazemi could announce on that date or afterwards...Then the next day the CBI can reinstate the currency...Or it can all happen at once within hours. Regardless the sequence can happen in a consecutive fashion or a concurrent manner. I am good either way...
8-13-2022 Newshound Guru Pimpy They [Malki and Sadr] are at an impasse. They're not going to come to any agreement at all...it's going to get to a point where a civil war actually breaks out. I don't want it to but it could...
8-13-2022 Intel Guru MarkZ [via PDK] The CBI once again stressed that they are the only ones that can change the rate. It has nothing to do with the government. And as long as the government looks peaceful and settled they can go ahead and move forward with the rate. They let us know this again...We find this very interesting.
8-13-2022 Newshound Guru Pimpy Right before this election things seemed to be well on its way on the best path we could possibly go... Iraq met the qualifications to be released [from UNSC Chapter 7]. In addition to that they're being expedited through The WTO organization academy. Al-Kazemi had implemented the reform white papers...Money was about to be invested into the private and public sectors. They were finding alternative ways to generate revenue away from the oil market...the cost of buying oil had increased... [Post 1 of 2....stay tuned]
8-13-2022 Intel Guru Frank26 GROUPS LIKE THE UN HUMANITARIAN PROJECT...OR THE CHINA GROUP...OR THE INDIAN RESERVATION EXCHANGE...OR THE SHIP IN THE PACIFIC OCEAN UNDER INTERNATIONAL WATERS...OR WHATEVER THESE GROUPS HAVE MADE UP THROUGHOUT THE YEARS...TRUST ME...NOBODY IS GOING TO GIVE YOU MORE THAN WHAT THE CBI WILL GIVE BECAUSE IT'S AGAINST THE LAW TO HAVE TWO EXCHANGE RATES FOR ONE CURRENCY...SO CALLED NDA IS NOT TRUE. IT'S LIKE THE SO CALLED 800#...
8-13-2022 Newshound Guru Samson Article: "Commencement of construction of the "tallest" residential tower in Iraq " Quote: "This project will be completed within four years, and its length is 210 meters, which is the longest in Iraq and includes 52 floors"
8-13-2022 Intel Guru MarkZ [via PDK] [At one time we heard the VND will be 85% of the IQD…. What do you think?] I Think it will be more like 50-60% of the iQD…but I hope I am wrong and they are right.
8-13-2022 Newshound Guru Sandy Ingram Article: "Central Bank of Iraq reserves return to levels before ISIS war" The CBI announced that its cash reserves rose to $82 billion which is the level prior to the ISIS war and advanced 10 ranks in the list of countries with the largest gold reserves in the world with 130 tons. These factors play a huge part in a country's foreign currency exchange rate...
8-13-2022 Newshound Guru Tivon I am 100% excited about August 15th. Why? Because for the first time in this investment all banks in Iraq will be ready for the new rate. Al-Kazemi could announce on that date or afterwards...Then the next day the CBI can reinstate the currency...Or it can all happen at once within hours. Regardless the sequence can happen in a consecutive fashion or a concurrent manner. I am good either way...
8-13-2022 Newshound Guru Pimpy They [Malki and Sadr] are at an impasse. They're not going to come to any agreement at all...it's going to get to a point where a civil war actually breaks out. I don't want it to but it could...
8-13-2022 Intel Guru MarkZ [via PDK] The CBI once again stressed that they are the only ones that can change the rate. It has nothing to do with the government. And as long as the government looks peaceful and settled they can go ahead and move forward with the rate. They let us know this again...We find this very interesting.
8-12-2022 Newshound Guru Pimpy There is some good news. Article: "The Central Bank Announces An increase In Its Cash Reserves To 82 Billion Dollars" I'm curious to see how high they can get this sucker pumped up. If they keep going at this rate by the end of next year do you realize they'll be over $115 billion? ...you want to talk about doing all the right things...to strengthen the dinar, this is it....If we could just get the government going and stability in the economy man we would be well on our way to increasing the value of the Iraqi dinar...
8-12-2022 Newshound Guru Tivon ...The dissolution by default will activate Al-Kazemi...He will officially hold all power to activate reforms at anytime he sees fit. So it doesn't matter if he does it before or after the 15th...all banks will be ready for the new digital platform by that date...he already told the citizens...that the citizens will have their demands met in days...They are waiting for Al-Kazemi...Let this guy bring it home for us. We don't need the UN, IMF, AMF, World Bank, CBI, or US Treasury to tell us that. You should be ready regardless. On the 15th and afterwards. Imo
8-12-2022 Guru Nader From The Mid East The bank came out today with news. Says the reserve amount of dollars is $82 billion. This it says by the end of the years would be 95-99 but you'll see it's going to come out $100-110 billion. Then they talk about gold. They got 130 tons of gold making him the 30th in the world and the number 10 in the Arab world...
8-12-2022 Newshound Guru Kaperoni ...The IMF Article IV Consultation from 2013...directive was to create a suitable investment environment for allowing the dinar to go up in value gradually over time...Iraq needs to pass laws, create a suitable investment environment, and build a diverse private sector economy before the dinar can float and will go up in value.
8-12-2022 Intel Guru Bruce [via WiserNow] ...we heard from three different sources so far...all saying the same thing... They...the Treasury... want this to get started... before Monday the 15th. Can anything good happen over the weekend? Yes, it can. ...if they're going to start this before the 15th I think we're going to get notified in the next few days...I believe we're very close...looks like a good really good weekend for us. I really think we're there...
8-12-2022 Intel Guru Frank26 When they do make the announcement that they have a seated government and dissolved parliament... when you have those two you have a new exchange rate. IMO Kazemi is going to be the one to make the announcement of the new exchange rate...not Mustafa from the CBI...
8-12-2022 Newshound Guru Militiaman ...This weekend may see some very interesting things happen. Let pray they are in line with peace, security and stability to allow the them to give the best rewards to the people...
8-12-2022 Intel Guru MarkZ [via PDK] In Iraq “Dr. Allawi has presented a vision for the economy of Iraq…They would like to point out that now is the ideal time while they have the extra revenue and money coming in from oil sales” This is really good news for us….
8-12-2022 Newshound Guru Samson Article: "The Central Bank: The cash reserve rose to 82 billion dollars". Quote: "Iraq also advanced 10 ranks in the table of countries with the most gold, becoming the thirtieth in the world and fourth in the Arab world, as its total possessions exceeded 130 tons, "
8-12-2022 Newshound Guru Tivon ...Next three days are the focus...
8-12-2022 Newshound Guru Pimpy They're still stuck in this deadlock. It doesn't seem like there's any resolution in sight but I keep watching some slick moves made by Sadr and the more he does this the more popular he becomes...still no agreement. Still no government. Doesn't look like it's gonna happen for a while...
8-12-2022 Newshound/Intel Guru Mnt Goat ...Be patient, it is coming. I know for a FACT the CBI has been planning the change over of currency to the lower denoms for a long time. This will lead to the reinstatement. So hang in... I can not project a date but I know the CBI is looking at January 2023 and not before.
8-12-2022 Newshound Guru Tivon ...The dissolution by default will activate Al-Kazemi...He will officially hold all power to activate reforms at anytime he sees fit. So it doesn't matter if he does it before or after the 15th...all banks will be ready for the new digital platform by that date...he already told the citizens...that the citizens will have their demands met in days...They are waiting for Al-Kazemi...Let this guy bring it home for us. We don't need the UN, IMF, AMF, World Bank, CBI, or US Treasury to tell us that. You should be ready regardless. On the 15th and afterwards. Imo
8-12-2022 Guru Nader From The Mid East The bank came out today with news. Says the reserve amount of dollars is $82 billion. This it says by the end of the years would be 95-99 but you'll see it's going to come out $100-110 billion. Then they talk about gold. They got 130 tons of gold making him the 30th in the world and the number 10 in the Arab world...
8-12-2022 Newshound Guru Kaperoni ...The IMF Article IV Consultation from 2013...directive was to create a suitable investment environment for allowing the dinar to go up in value gradually over time...Iraq needs to pass laws, create a suitable investment environment, and build a diverse private sector economy before the dinar can float and will go up in value.
8-12-2022 Intel Guru Bruce [via WiserNow] ...we heard from three different sources so far...all saying the same thing... They...the Treasury... want this to get started... before Monday the 15th. Can anything good happen over the weekend? Yes, it can. ...if they're going to start this before the 15th I think we're going to get notified in the next few days...I believe we're very close...looks like a good really good weekend for us. I really think we're there...
8-12-2022 Intel Guru Frank26 When they do make the announcement that they have a seated government and dissolved parliament... when you have those two you have a new exchange rate. IMO Kazemi is going to be the one to make the announcement of the new exchange rate...not Mustafa from the CBI...
8-12-2022 Newshound Guru Militiaman ...This weekend may see some very interesting things happen. Let pray they are in line with peace, security and stability to allow the them to give the best rewards to the people...
8-12-2022 Intel Guru MarkZ [via PDK] In Iraq “Dr. Allawi has presented a vision for the economy of Iraq…They would like to point out that now is the ideal time while they have the extra revenue and money coming in from oil sales” This is really good news for us….
8-12-2022 Newshound Guru Samson Article: "The Central Bank: The cash reserve rose to 82 billion dollars". Quote: "Iraq also advanced 10 ranks in the table of countries with the most gold, becoming the thirtieth in the world and fourth in the Arab world, as its total possessions exceeded 130 tons, "
8-12-2022 Newshound Guru Tivon ...Next three days are the focus...
8-12-2022 Newshound Guru Pimpy They're still stuck in this deadlock. It doesn't seem like there's any resolution in sight but I keep watching some slick moves made by Sadr and the more he does this the more popular he becomes...still no agreement. Still no government. Doesn't look like it's gonna happen for a while...
8-12-2022 Newshound/Intel Guru Mnt Goat ...Be patient, it is coming. I know for a FACT the CBI has been planning the change over of currency to the lower denoms for a long time. This will lead to the reinstatement. So hang in... I can not project a date but I know the CBI is looking at January 2023 and not before.
8-10-2020 *** Dinar Community Update *** Sad news in the community today....Guru MarkZ reminds us to please keep Guru Okie in your prayers. Doctors have told him he has 6 months left to live……He asks that you keep him in your prayers with a belief for his healing...
8-11-2022 Newshound Guru Pimpy Could civil war happen [In Iraq]? It looks like Sadr is pretty serious about what's going on. Although he's not said it outright he has made it perfectly clear that he's ready to take things to the next level...at this rate it's closer to civil war than people think...
8-11-2022 Newshound Guru Tivon Article: "Al-Sadr asks the judiciary to dissolve the Iraqi parliament and the President of the Republic to set a date for the elections" Al-Sadr - [I] didn't hold him in high regard...But as you can see he is directly aiding in the resurrection of the phrase "Power To The People"...I can not wait for the coming days ahead. We all know where this is going. The only thing left to do is the obvious. Citizens Entitlements...Right now we are at where we want to be...There is no reason to jump ship and assume the worst for any conceivable outlook that this is about to come to a conclusion.
8-11-2022 Intel Guru MarkZ [via PDK] ...It’s been a great day news wise…. There is still some interesting theatre to watch play out…BUT, about the coming week or so all I can say is “Wow- I feel good…I knew that I would now….” ...We are hearing some great things and I am really being leaned on to not share specifics... This is literally the best time historically to date for them to revalue… There has been really good stuff coming out of Iraq over the last 36 hours.
8-11-2022 Intel Guru Frank26 In December we told you IOO there is a date. I called it a date of titanium...It was the IMF that set that date IMO. It is the IMF that the CBI has been meeting and is the reason why Kazemi has been meeting with the CBI because the IMF triggered it again. IMO the IMF gave the central bank and Kazemi until the 31st of July to get everything done...IMO they accomplished everything and gave them another 30 days...I don't think it's going to be until October. I don't think it's going to be next year.
8-11-2022 Newshound Guru Samson Article: "Iraqi Oil Production Rises To 4.584 Million Barrels Per Day In July"
8-11-2022 Intel Guru Bruce [via WiserNow] ...what I'm getting right now is Iraq's thing is done - the government that they're trying to put back in place...I believe is they may still call it the parliament...they're already elected. They're in the wings right now - they're standing by as they assemble and put together this new form of government.
8-11-2022 Newshound Guru Clare Article: "Government official: Iraq is not thinking of floating the currency at the moment" THIS IS A DISINFORMATION PIECE, IMO ... THE OFFICIAL IS NOT EVEN NAMED... "The official, who asked not to be named,"
8-11-2022 Newshound Guru Sandy Ingram Really good news - Article: "Iraq's oil revenues during the first half of 2022 exceeded $60 bln" The country expects to increase oil exports by 2 million barrels per day in 2023. Iraq is doing it's thing when it comes to oil...
8-11-2022 Guru Nader From The Mid East ...Yesterday article where it says there's no plan to float the Iraqi dinar. I disagree with him... they have no choice...The IMF are not gonna let him do that...These people want some money and for them to make money the dinar have to float or have to change...it's good for the economy...
8-11-2022 Intel Guru MarkZ [via PDK] More confirmations today that the goal still is to have this in place by the 15th. From the CBI: “This bank will adopt a specialized platform for the purpose of exchanging documents and data with all banks that will allow you to benefit from many services including foreign exchange, and shares trading access with foreign financial markets in order to analyze financial data to benefit from them and raise the level of efficiency of decisions related to investments and others. So your banks must participate on this platform no later than August 15, 2022.” This is from the CBI. They are giving us every hint we need for their goals at this time. This is huge.
8-11-2022 Newshound Guru Kaperoni There is an article that came out today that says Iraq is not planning to float the currency. This title is misleading...When you read the actual article it says that they can't float the currency without diversifying the economy. And the question I ask you is what has Iraq been saying for the past 3 years that they're trying to do? That's correct they're trying to diversify their economy.
8-11-2022 Newshound Guru Pimpy Article: "Government official: Iraq is not thinking of floating the currency at the moment" They're sure doing a lot of talking about what they want to do with the Iraq dinar. If I didn't know any better, if we didn't have an issue establishing the government and getting the budget out we'd be a whole lot closer to the rate change happening with the Iraqi dinar...What's going on in Iraq is upsetting. This deadlock with forming a government is stifling the growth and potential of the Iraqi dinar.
8-11-2022 Newshound Guru Tivon Article: "Government official: Iraq is not thinking of floating the currency at the moment" The government is not thinking of floating the currency in light of every conceivable reason to do exactly that for the same reasons they said it's not feasible? ...They [Iraqi citizens] were already told by the CBI and their news media to expect their currency to float soon...
8-11-2022 Intel Guru MarkZ [via PDK] If they re-instate I believe it would be at $3.22…but keep in mind they are allowed to adjust the rate for inflation during this time period which may well push the rate much higher than that. If they correct for inflation we may see a rate as high as $6 or $7...
8-11-2022 Newshound/Intel Guru Mnt Goat So, how many times must Iraq tell us that the only entity that has the power to change the currency exchange rate is within the coordination of the CBI and the Finance ministry. The cabinet DOES NOT have the power to change the exchange rate, EVER!
8-11-2022 Intel Guru Bruce [via WiserNow] ...based on two different sources. We should - should be able to get notified...and set appointments ...for Thursday...we are looking very strongly right now for everything to come out - Any day now for us really...If the intel that I had...holds up we're in really good shape.
8-11-2022 Newshound Guru Tivon Article: "Al-Sadr asks the judiciary to dissolve the Iraqi parliament and the President of the Republic to set a date for the elections" Al-Sadr - [I] didn't hold him in high regard...But as you can see he is directly aiding in the resurrection of the phrase "Power To The People"...I can not wait for the coming days ahead. We all know where this is going. The only thing left to do is the obvious. Citizens Entitlements...Right now we are at where we want to be...There is no reason to jump ship and assume the worst for any conceivable outlook that this is about to come to a conclusion.
8-11-2022 Intel Guru MarkZ [via PDK] ...It’s been a great day news wise…. There is still some interesting theatre to watch play out…BUT, about the coming week or so all I can say is “Wow- I feel good…I knew that I would now….” ...We are hearing some great things and I am really being leaned on to not share specifics... This is literally the best time historically to date for them to revalue… There has been really good stuff coming out of Iraq over the last 36 hours.
8-11-2022 Intel Guru Frank26 In December we told you IOO there is a date. I called it a date of titanium...It was the IMF that set that date IMO. It is the IMF that the CBI has been meeting and is the reason why Kazemi has been meeting with the CBI because the IMF triggered it again. IMO the IMF gave the central bank and Kazemi until the 31st of July to get everything done...IMO they accomplished everything and gave them another 30 days...I don't think it's going to be until October. I don't think it's going to be next year.
8-11-2022 Newshound Guru Samson Article: "Iraqi Oil Production Rises To 4.584 Million Barrels Per Day In July"
8-11-2022 Intel Guru Bruce [via WiserNow] ...what I'm getting right now is Iraq's thing is done - the government that they're trying to put back in place...I believe is they may still call it the parliament...they're already elected. They're in the wings right now - they're standing by as they assemble and put together this new form of government.
8-11-2022 Newshound Guru Clare Article: "Government official: Iraq is not thinking of floating the currency at the moment" THIS IS A DISINFORMATION PIECE, IMO ... THE OFFICIAL IS NOT EVEN NAMED... "The official, who asked not to be named,"
8-11-2022 Newshound Guru Sandy Ingram Really good news - Article: "Iraq's oil revenues during the first half of 2022 exceeded $60 bln" The country expects to increase oil exports by 2 million barrels per day in 2023. Iraq is doing it's thing when it comes to oil...
8-11-2022 Guru Nader From The Mid East ...Yesterday article where it says there's no plan to float the Iraqi dinar. I disagree with him... they have no choice...The IMF are not gonna let him do that...These people want some money and for them to make money the dinar have to float or have to change...it's good for the economy...
8-11-2022 Intel Guru MarkZ [via PDK] More confirmations today that the goal still is to have this in place by the 15th. From the CBI: “This bank will adopt a specialized platform for the purpose of exchanging documents and data with all banks that will allow you to benefit from many services including foreign exchange, and shares trading access with foreign financial markets in order to analyze financial data to benefit from them and raise the level of efficiency of decisions related to investments and others. So your banks must participate on this platform no later than August 15, 2022.” This is from the CBI. They are giving us every hint we need for their goals at this time. This is huge.
8-11-2022 Newshound Guru Kaperoni There is an article that came out today that says Iraq is not planning to float the currency. This title is misleading...When you read the actual article it says that they can't float the currency without diversifying the economy. And the question I ask you is what has Iraq been saying for the past 3 years that they're trying to do? That's correct they're trying to diversify their economy.
8-11-2022 Newshound Guru Pimpy Article: "Government official: Iraq is not thinking of floating the currency at the moment" They're sure doing a lot of talking about what they want to do with the Iraq dinar. If I didn't know any better, if we didn't have an issue establishing the government and getting the budget out we'd be a whole lot closer to the rate change happening with the Iraqi dinar...What's going on in Iraq is upsetting. This deadlock with forming a government is stifling the growth and potential of the Iraqi dinar.
8-11-2022 Newshound Guru Tivon Article: "Government official: Iraq is not thinking of floating the currency at the moment" The government is not thinking of floating the currency in light of every conceivable reason to do exactly that for the same reasons they said it's not feasible? ...They [Iraqi citizens] were already told by the CBI and their news media to expect their currency to float soon...
8-11-2022 Intel Guru MarkZ [via PDK] If they re-instate I believe it would be at $3.22…but keep in mind they are allowed to adjust the rate for inflation during this time period which may well push the rate much higher than that. If they correct for inflation we may see a rate as high as $6 or $7...
8-11-2022 Newshound/Intel Guru Mnt Goat So, how many times must Iraq tell us that the only entity that has the power to change the currency exchange rate is within the coordination of the CBI and the Finance ministry. The cabinet DOES NOT have the power to change the exchange rate, EVER!
8-11-2022 Intel Guru Bruce [via WiserNow] ...based on two different sources. We should - should be able to get notified...and set appointments ...for Thursday...we are looking very strongly right now for everything to come out - Any day now for us really...If the intel that I had...holds up we're in really good shape.
8-10-2022 Intel Guru MarkZ [via PDK] Article: “Government official: Iraq is not thinking of floating the currency at the moment” I believe this to be a re-print with a new date on it…Just like in Kuwait the morning that it went. Kuwait ran an article that it would be 6 months to a year or two before they RV’d their currency. They then changed the rate that same afternoon...there are lots of high up officials... saying this thing is about to go. So we have expected them to print these type of articles close to the end.
8-10-2022 Guru Nader From The Mid East Let's make it beautiful. Let's be kind to each other...[gurus] try to help you. They just try to give you some news to know some stuff. You should be grateful for that. Not a lot of people can get some news...without them you know nothing. So be kind to people. Just say thank you to people. I'm not saying don't watch this guy, watch this guy. I have no preference. I have nothing to do with anybody. If somebody said something don't throw oil on the fire and say look this is the smoke is coming out... [Post 2 of 2]
8-10-2022 Guru Nader From The Mid East ...We all agree to disagree correct? ...if you hear something, if you see something negative just keep it for yourself...Some people have to let them hear what they want to hear for them to be happy in life. So let them hear what they want to hear. That's it. It has nothing to do with me...we all living a period of life and then we're gonna disappear from this life. Let's make it nice. [Post 1 of 2....stay tuned]
8-10-2022 Newshound Guru Pimpy All these things about redemption centers and 800 numbers and back screens and people on standby, tier 1 and tier 2 - all of that is bull crap...there's no redemption centers, there's no 800 numbers, there's no military intel...
8-10-2022 Newshound/Intel Guru RVAlready Ignore their politics, focus on the RV. We were told that, at the end, Iraq would be blowing smoke. It looks to me like we are converging on the RV. Lots of bullshoot out there trying to convince us otherwise. You know the actual release date will remain totally hidden until this is all over.
8-10-2022 Newshound Guru Kaperoni Nobody knows any procedures until such time the dinar appreciates. And if the dinar does gradually appreciate based on the economic growth it's going to take time. [a recent] article mentions 1-4 years therefore it is unlikely that anybody would ever go to a bank. Tends to lean towards ECMs or brokers.
8-10-2022 Intel Guru MarkZ [via PDK] ...most of my contacts believe we are in the last five days of this. I really hope they are correct. We don’t know the timing…but based on everything coming out we are clearly sitting right on top of it...the chatter is great from Iraq. They are expecting to have a new rate in the next week or two...it may take awhile to show up on forex…heck, it took 10 days for Kuwaits new rate to show up on forex. But they are blatantly telling us in the Iraqi press, papers, politicians that the rate is “inbound” We’re going to get it…buckle up.
8-10-2022 Newshound Guru Samson Article: "Erbil Municipality announces the paving of streets in the capital with a billion dinars" [NOTE: They say the streets of Baghdad are paved in gold...I mean dinar! :) ]
8-10-2022 Newshound Guru Tivon ...This type of money is too large for your average bank teller...there really is no reason to deal with them. Once in the bank ask for the manager. Inform him you have IQD and would like to discretely exchange and deposit a small amount until you figure out what your next move is. If they want to authenticate your IQD give them the smallest bill you have and you want to see them destroyed in plain view if they are found to be fake. There should only be two people in the room. You and the person in question. Imo [Post 2 of 2] [NOTE: Speak with your financial advisor at the appropriate time to build the best exchange plan for your unique circumstances.]
8-10-2022 Newshound Guru Tivon You all will have to be mindful of the fact that you hold currency that some bank tellers will be tempted to confiscate by telling you your money is inauthentic and keep it for themselves and exchange it later...you have to guard your currency and do not allow them to keep it without validating the reason with undeniable evidence that what you hold is invalid...If they take it out of your view and not shredding it you may have some "Theft by Counterfeit" perpetrators on your hand. [Post 1 of 2....stay tuned]
8-10-2022 Newshound Guru Pimpy Article: "Al-Kazemi's advisor: The situation in Iraq will not affect the economy" That's not true. That's not true at all. The way their laws are set if there's not a new budget for a year you continue down the path that you did for the previous year but it's on a month by month basis. When it comes to...building alternative revenue so you're not so reliant on oil, how can you do that when you cannot fund these projects? They're stuck...having a ton of money doesn't mean your economy is fine...
8-10-2022 Intel Guru Frank26 IMO the auction page has changed... there seems to be a change in the way the auction data is being shown. It feels like a slight of hands...we see numbers but they are not being defined. Something is missing from the norm. The data at the bottom to our eyes looks different. Whenever we see a pattern that has changed we pay attention... 199 billion dinars? And it was not defined? It looks different. It feels different...
8-10-2022 Newshound/Intel Guru Mnt Goat Issuing the lower denoms has, in part, already been done (250 and 500). The rest is yet to come and will be issued as they increase the exchange rate. I am told this increase will not happen gradually but all at once. The next step is to monitor for inflation for a week or two and then to reinstate on FOREX. We will not get to the rates we want until on FOREX. Currencies are traded on FOREX and other global currency exchanges NOT on NASDAQ, NYSE or in any other of the stock markets, even ISX (the Iraqi stock exchange).
8-10-2022 Guru Nader From The Mid East Let's make it beautiful. Let's be kind to each other...[gurus] try to help you. They just try to give you some news to know some stuff. You should be grateful for that. Not a lot of people can get some news...without them you know nothing. So be kind to people. Just say thank you to people. I'm not saying don't watch this guy, watch this guy. I have no preference. I have nothing to do with anybody. If somebody said something don't throw oil on the fire and say look this is the smoke is coming out... [Post 2 of 2]
8-10-2022 Guru Nader From The Mid East ...We all agree to disagree correct? ...if you hear something, if you see something negative just keep it for yourself...Some people have to let them hear what they want to hear for them to be happy in life. So let them hear what they want to hear. That's it. It has nothing to do with me...we all living a period of life and then we're gonna disappear from this life. Let's make it nice. [Post 1 of 2....stay tuned]
8-10-2022 Newshound Guru Pimpy All these things about redemption centers and 800 numbers and back screens and people on standby, tier 1 and tier 2 - all of that is bull crap...there's no redemption centers, there's no 800 numbers, there's no military intel...
8-10-2022 Newshound/Intel Guru RVAlready Ignore their politics, focus on the RV. We were told that, at the end, Iraq would be blowing smoke. It looks to me like we are converging on the RV. Lots of bullshoot out there trying to convince us otherwise. You know the actual release date will remain totally hidden until this is all over.
8-10-2022 Newshound Guru Kaperoni Nobody knows any procedures until such time the dinar appreciates. And if the dinar does gradually appreciate based on the economic growth it's going to take time. [a recent] article mentions 1-4 years therefore it is unlikely that anybody would ever go to a bank. Tends to lean towards ECMs or brokers.
8-10-2022 Intel Guru MarkZ [via PDK] ...most of my contacts believe we are in the last five days of this. I really hope they are correct. We don’t know the timing…but based on everything coming out we are clearly sitting right on top of it...the chatter is great from Iraq. They are expecting to have a new rate in the next week or two...it may take awhile to show up on forex…heck, it took 10 days for Kuwaits new rate to show up on forex. But they are blatantly telling us in the Iraqi press, papers, politicians that the rate is “inbound” We’re going to get it…buckle up.
8-10-2022 Newshound Guru Samson Article: "Erbil Municipality announces the paving of streets in the capital with a billion dinars" [NOTE: They say the streets of Baghdad are paved in gold...I mean dinar! :) ]
8-10-2022 Newshound Guru Tivon ...This type of money is too large for your average bank teller...there really is no reason to deal with them. Once in the bank ask for the manager. Inform him you have IQD and would like to discretely exchange and deposit a small amount until you figure out what your next move is. If they want to authenticate your IQD give them the smallest bill you have and you want to see them destroyed in plain view if they are found to be fake. There should only be two people in the room. You and the person in question. Imo [Post 2 of 2] [NOTE: Speak with your financial advisor at the appropriate time to build the best exchange plan for your unique circumstances.]
8-10-2022 Newshound Guru Tivon You all will have to be mindful of the fact that you hold currency that some bank tellers will be tempted to confiscate by telling you your money is inauthentic and keep it for themselves and exchange it later...you have to guard your currency and do not allow them to keep it without validating the reason with undeniable evidence that what you hold is invalid...If they take it out of your view and not shredding it you may have some "Theft by Counterfeit" perpetrators on your hand. [Post 1 of 2....stay tuned]
8-10-2022 Newshound Guru Pimpy Article: "Al-Kazemi's advisor: The situation in Iraq will not affect the economy" That's not true. That's not true at all. The way their laws are set if there's not a new budget for a year you continue down the path that you did for the previous year but it's on a month by month basis. When it comes to...building alternative revenue so you're not so reliant on oil, how can you do that when you cannot fund these projects? They're stuck...having a ton of money doesn't mean your economy is fine...
8-10-2022 Intel Guru Frank26 IMO the auction page has changed... there seems to be a change in the way the auction data is being shown. It feels like a slight of hands...we see numbers but they are not being defined. Something is missing from the norm. The data at the bottom to our eyes looks different. Whenever we see a pattern that has changed we pay attention... 199 billion dinars? And it was not defined? It looks different. It feels different...
8-10-2022 Newshound/Intel Guru Mnt Goat Issuing the lower denoms has, in part, already been done (250 and 500). The rest is yet to come and will be issued as they increase the exchange rate. I am told this increase will not happen gradually but all at once. The next step is to monitor for inflation for a week or two and then to reinstate on FOREX. We will not get to the rates we want until on FOREX. Currencies are traded on FOREX and other global currency exchanges NOT on NASDAQ, NYSE or in any other of the stock markets, even ISX (the Iraqi stock exchange).
8-9-2022 Intel Guru Frank26 Article: "The International Development Bank joins the Federation of Emirates Banks in Dubai" THIS IS BUT ONE OF HUNDREDS OF BANKS AROUND THE WORLD THAT HAVE BEEN BONDED WITH THE CBI AND NOT AT A PROGRAM RATE!
8-9-2022 Intel Guru MarkZ [via PDK] So far from Iraq today I heard from a contact who says the goal is still the 15th or before...there is a lot of chatter from group leaders about this weekend. ...I am praying this is it. It feels really close.
8-9-2022 Newshound Guru Tivon ...The CBI does not have to announce that they are Article 8. The only time we will know that is when we literally see the rate on the Forex.
8-9-2022 Newshound Guru Kaperoni ...There are two real possibilities for the currency in the future. 1, which is being discussed include educational programs with the citizens is a currency exchange neutral event LOP. And 2, what the IMF has discussed for years which is floating the currency and allowing it to gradually appreciate based on the economic growth of the economy. There is absolutely zero talk or discussion of a significant RV of the Iraqi dinar...
8-9-2022 Newshound Guru Pimpy There's still a stalemate going on but...there was a solution that I think is very interesting put forwardly Sadr. Article: "Al-Sadr proposes a "solution" to the political crisis: forming a government devoid of the Sadrists and "Malikis" ...It's going to look like Sadr is willing to do whatever it takes for the Iraqi people and you know dang well Maliki is not going to agree to this and it's going to make Maliki look bad...I'm not sure how they're going to get out of this deadlock...
8-9-2022 Newshound Guru Jeff Iraq pulled a fast one right under everyone of your noses...per the Central Bank Iraq must have political stability, a formed complete government to revalue the currency. They're telling you now they're going to be rescheduling the elections and dissolving parliament...Are we waiting until around September of next your? ...the elections could easily take 3 to 6 months...Are you possibly waiting until sometime in 2024 to see a currency revaluation?
8-9-2022 Intel Guru MarkZ [via PDK] We are hearing very positive things from Iraq... There is a lot of talk about Thursday from Redemption Center’s and groups…but it may be a bit premature…even though I believe we are stinkin close. We got another comment from Iraq yesterday…An advisor to Kazemi letting us know that Kazemi has already cut a deal with the CBI for the release by the 15th. This is more confirmation that this appears to be their target to release before the 15th. Stay calm as we watch this play out.
8-9-2022 Newshound Guru Samson Article: "The protesters continue their sit-in to achieve the demands, most notably the dissolution of Parliament"
8-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] We're still pretty sure when Kazemi and CBI have set forth something that when a seated government is in place we will see a rate change for sure... FRANK: Yes very shortly after Kazemi introduces his government to you citizens then he will introduce a new exchange rate and a new currency through the central bank...
8-9-2022 Intel Guru MarkZ [via PDK] A number of groups reached out to their folks today and sent directions or email instructions for them to make certain they are prepared to go at any moment. One of the notices received said “We do not know the timing yet, but it’s expected to be imminent so make sure you have current ID’s and make certain you have everything ready to go at the drop of a hat”... I think this is huge news that they wanted them to be prepared to go at any moment...
8-9-2022 Intel Guru MarkZ [via PDK] So far from Iraq today I heard from a contact who says the goal is still the 15th or before...there is a lot of chatter from group leaders about this weekend. ...I am praying this is it. It feels really close.
8-9-2022 Newshound Guru Tivon ...The CBI does not have to announce that they are Article 8. The only time we will know that is when we literally see the rate on the Forex.
8-9-2022 Newshound Guru Kaperoni ...There are two real possibilities for the currency in the future. 1, which is being discussed include educational programs with the citizens is a currency exchange neutral event LOP. And 2, what the IMF has discussed for years which is floating the currency and allowing it to gradually appreciate based on the economic growth of the economy. There is absolutely zero talk or discussion of a significant RV of the Iraqi dinar...
8-9-2022 Newshound Guru Pimpy There's still a stalemate going on but...there was a solution that I think is very interesting put forwardly Sadr. Article: "Al-Sadr proposes a "solution" to the political crisis: forming a government devoid of the Sadrists and "Malikis" ...It's going to look like Sadr is willing to do whatever it takes for the Iraqi people and you know dang well Maliki is not going to agree to this and it's going to make Maliki look bad...I'm not sure how they're going to get out of this deadlock...
8-9-2022 Newshound Guru Jeff Iraq pulled a fast one right under everyone of your noses...per the Central Bank Iraq must have political stability, a formed complete government to revalue the currency. They're telling you now they're going to be rescheduling the elections and dissolving parliament...Are we waiting until around September of next your? ...the elections could easily take 3 to 6 months...Are you possibly waiting until sometime in 2024 to see a currency revaluation?
8-9-2022 Intel Guru MarkZ [via PDK] We are hearing very positive things from Iraq... There is a lot of talk about Thursday from Redemption Center’s and groups…but it may be a bit premature…even though I believe we are stinkin close. We got another comment from Iraq yesterday…An advisor to Kazemi letting us know that Kazemi has already cut a deal with the CBI for the release by the 15th. This is more confirmation that this appears to be their target to release before the 15th. Stay calm as we watch this play out.
8-9-2022 Newshound Guru Samson Article: "The protesters continue their sit-in to achieve the demands, most notably the dissolution of Parliament"
8-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] We're still pretty sure when Kazemi and CBI have set forth something that when a seated government is in place we will see a rate change for sure... FRANK: Yes very shortly after Kazemi introduces his government to you citizens then he will introduce a new exchange rate and a new currency through the central bank...
8-9-2022 Intel Guru MarkZ [via PDK] A number of groups reached out to their folks today and sent directions or email instructions for them to make certain they are prepared to go at any moment. One of the notices received said “We do not know the timing yet, but it’s expected to be imminent so make sure you have current ID’s and make certain you have everything ready to go at the drop of a hat”... I think this is huge news that they wanted them to be prepared to go at any moment...
8-8-2022 Intel Guru Frank26 Article: "The Central Bank of Iraq is the first in the world to buy gold in 2022". THAT'S A LOT OF GOLD... CBI IN MY OPINION, YOU CAN RI FIVE TIMES OVER
8-8-2022 Newshound Guru MilitiaMan Question: "I thought that PM K could dissolve parliament on his own, not needing any vote from Parliament…. Did I misunderstand..?" There was speculation that Kahdimi could use necessary powers to do so. However...there is a likelihood that a more specific constitutional way is being used. There are more than one.
8-8-2022 Intel Guru MarkZ [via PDK] [reference Mnt Goat post 8-7-2022] Mnt Goat: "I get some questions on the VND Vietnam Dong as will it also RV along with the IQD Iraqi Dinar?" MarkZ: Short Answer-Yes
8-8-2022 Newshound Guru Walkingstick [via Frank26] Chain of command - The Deputy Governor of the CBI speaks on behalf of the Governor of the CBI who speaks on behalf of the Board of Directors of the CBI who speaks on behalf of the government of Iraq and Kazemi in conjunction with Kazemi's government and the CBI...
8-8-2022 Guest Guru Humble1 What makes the difference is not the exchange rate compared to other currencies, but the availability of ease of moving money in and out of the country and the ability to easily convert from one currency into another. The difference we are all looking for is for Iraq to re-instate the Dinar back onto the world markets, and in order for them to accomplish that, they need a realistic exchange rate to go along with the re-instatement, IMO [Post 2 of 2]
8-8-2022 Guest Guru Humble1 Community comment "They can't do this on a program rate." That is not an accurate statement, as they can do whatever they want inside of Iraq, as the dinar is used inside the country. What I think you mean is that they won’t attract external investment in a large enough amount to move their country forward at a program rate. [Post 1 of 2....stay tuned]
8-8-2022 Newshound Guru BobTheTaxMan IQD Roundup - It was created during the Iraqi war around 2003. It replace the previous currency that once had a value of $3.75...it's managed by the Iraqi government and the CBI...under a managed float with little change in value for nearly 2 decades. The currency value is 1 IQD to...less than a tenth of a penny. The CBI has often stated their goal is to return to previous levels and stated they could support a $1.17...right now with all these new contractors coming in and the value of oil being what it is I wouldn't be surprised if it did come out at a much better rate than what we thought...
8-8-2022 Newshound Guru Pimpy The political situation is not stable. You have civil unrest which is not what you want if you're going to raise your exchange rate. I'm not saying the exchange rate is not going to change. If that was the case I wouldn't even waste my time. I have Iraqi dinar. I would sell it if I didn't think it was going to happen...sooner or later these people are going to get their crap together and they're going to move forward...
8-8-2022 Newshound Guru Tivon Gradually and internally reducing the USD price in the country until it reaches 1:1 will probably be the marker to reinstate on the international markets. This makes sense to me. But other alternatives could be at play. At least it's out there now. I am just wondering how long until equal value is reached within their markets before they decide to release it on the global markets.
8-8-2022 Intel Guru MarkZ [via PDK] Article: “Al Kazemi’s advisor: the situation in Iraq will not affect the economy” Other articles that came out yesterday stating they do not need the government sat in order for rate or economic changes…We know they have a drop dead-ish date coming up on the 15th as they have done a tremendous amount of negotiating for then. Whether they meet that date or not…we shall see. [Why is the 15th important?] Because of the number of contractors whose contracts have been renegotiated for a changed rate starting on the 15th...they have T minus 7 days. Next Monday they are supposed to get paid with the new rate. What’s gonna happen?
8-8-2022 Intel Guru Frank26 Sadr and Kazemi combination - I have never seen this type of covalent bonding...of citizens to Kazemi, to Sadr, to the government, to the CBI. It is historical. We have never seen such unity inside of Iraq because of the leadership of these two gentlemen...I love this!
8-8-2022 Newshound Guru Sandy Ingram Article: "Could Iraq slide into civil war?" Iraq has not be able to form a government and things have gotten worse. The global news networks are openly asking questions no one wanted to previously talk about...
8-8-2022 Newshound/Intel Guru RVAlready I think the rewriting of the major Iraq contracts from USD to dinar indicates that the RV is urgent and about to happen. I do not think that Kazemi or the CBI will let the political problems interfere with the RV much longer.
8-8-2022 Newshound Guru MilitiaMan Question: "I thought that PM K could dissolve parliament on his own, not needing any vote from Parliament…. Did I misunderstand..?" There was speculation that Kahdimi could use necessary powers to do so. However...there is a likelihood that a more specific constitutional way is being used. There are more than one.
8-8-2022 Intel Guru MarkZ [via PDK] [reference Mnt Goat post 8-7-2022] Mnt Goat: "I get some questions on the VND Vietnam Dong as will it also RV along with the IQD Iraqi Dinar?" MarkZ: Short Answer-Yes
8-8-2022 Newshound Guru Walkingstick [via Frank26] Chain of command - The Deputy Governor of the CBI speaks on behalf of the Governor of the CBI who speaks on behalf of the Board of Directors of the CBI who speaks on behalf of the government of Iraq and Kazemi in conjunction with Kazemi's government and the CBI...
8-8-2022 Guest Guru Humble1 What makes the difference is not the exchange rate compared to other currencies, but the availability of ease of moving money in and out of the country and the ability to easily convert from one currency into another. The difference we are all looking for is for Iraq to re-instate the Dinar back onto the world markets, and in order for them to accomplish that, they need a realistic exchange rate to go along with the re-instatement, IMO [Post 2 of 2]
8-8-2022 Guest Guru Humble1 Community comment "They can't do this on a program rate." That is not an accurate statement, as they can do whatever they want inside of Iraq, as the dinar is used inside the country. What I think you mean is that they won’t attract external investment in a large enough amount to move their country forward at a program rate. [Post 1 of 2....stay tuned]
8-8-2022 Newshound Guru BobTheTaxMan IQD Roundup - It was created during the Iraqi war around 2003. It replace the previous currency that once had a value of $3.75...it's managed by the Iraqi government and the CBI...under a managed float with little change in value for nearly 2 decades. The currency value is 1 IQD to...less than a tenth of a penny. The CBI has often stated their goal is to return to previous levels and stated they could support a $1.17...right now with all these new contractors coming in and the value of oil being what it is I wouldn't be surprised if it did come out at a much better rate than what we thought...
8-8-2022 Newshound Guru Pimpy The political situation is not stable. You have civil unrest which is not what you want if you're going to raise your exchange rate. I'm not saying the exchange rate is not going to change. If that was the case I wouldn't even waste my time. I have Iraqi dinar. I would sell it if I didn't think it was going to happen...sooner or later these people are going to get their crap together and they're going to move forward...
8-8-2022 Newshound Guru Tivon Gradually and internally reducing the USD price in the country until it reaches 1:1 will probably be the marker to reinstate on the international markets. This makes sense to me. But other alternatives could be at play. At least it's out there now. I am just wondering how long until equal value is reached within their markets before they decide to release it on the global markets.
8-8-2022 Intel Guru MarkZ [via PDK] Article: “Al Kazemi’s advisor: the situation in Iraq will not affect the economy” Other articles that came out yesterday stating they do not need the government sat in order for rate or economic changes…We know they have a drop dead-ish date coming up on the 15th as they have done a tremendous amount of negotiating for then. Whether they meet that date or not…we shall see. [Why is the 15th important?] Because of the number of contractors whose contracts have been renegotiated for a changed rate starting on the 15th...they have T minus 7 days. Next Monday they are supposed to get paid with the new rate. What’s gonna happen?
8-8-2022 Intel Guru Frank26 Sadr and Kazemi combination - I have never seen this type of covalent bonding...of citizens to Kazemi, to Sadr, to the government, to the CBI. It is historical. We have never seen such unity inside of Iraq because of the leadership of these two gentlemen...I love this!
8-8-2022 Newshound Guru Sandy Ingram Article: "Could Iraq slide into civil war?" Iraq has not be able to form a government and things have gotten worse. The global news networks are openly asking questions no one wanted to previously talk about...
8-8-2022 Newshound/Intel Guru RVAlready I think the rewriting of the major Iraq contracts from USD to dinar indicates that the RV is urgent and about to happen. I do not think that Kazemi or the CBI will let the political problems interfere with the RV much longer.
8-7-2022 Newshound Guru Samson Article: "Sadrist's deputy submits a request to Al-Halbousi to hold an extraordinary session to dissolve parliament"
8-7-2022 Newshound Guru Militiaman IMO WE ARE ABOUT TO SEE THE $$$$ ...the process to get to the RV to start and that, at this point can take nanoseconds..
8-7-2022 Newshound Guru Tivon [Response to Humble1 below] There is no middle ground when you violate the constitution. The law [ESFL} should have never made it to the Gazette if his "argument" was legit. Mazhar Muhammad Saleh said specifically that it can't be challenged by anyone in the government because it's tied to entitlements which are connected to the constitution...The Gazette is the ground from which all laws can be proven legal/illegal simply by it being published in it or not.
8-7-2022 Intel Guru Frank26 We're going to see a new exchange rate of the currency through Kazemi's government and IMO parliament will eventually be dissolved. Just like Kuwait...dissolved their parliament for a very good reason. This will be good for Iraq... Kazemi will have a caretaker government with all the powers behind it...that dissolvement gives Kazemi majority rule. This will give Kazemi full power for two years. And that's good. No body will be able to do or say anything against him. That's a good amount of time IMO for the monetary and economic reforms.
8-7-2022 Guest Guru Humble1 I personally like the law, and until it is challenged in court it is law, and legal. No one objected because they also like the law, apparently. It may never be taken to court, who knows. But the author of the article made a legitimate argument, the law should it be brought before the court would be found to be unconstitutional ...I really hope no one does object to the law, because it is good for Iraq, and in a very round about way, good for the dinar investors like myself and others. [Post 2 of 2]
8-7-2022 Guest Guru Humble1 Article: "Is it possible to dissolve parliament ?" the EFSL - Yes it is law, but only because it has not gotten disputed and a suit filed with the courts, technically the law is unconstitutional, this article states that fact in black and white, not that I think it is, I rather like the law, as it helps Iraq, but none the less unconstitutional...the current government is the caretaker of daily affairs, and it does not have the constitutional legitimacy for that, according to Article (64-second) and according to the Federal Supreme Court’s decision No. 121 / Federal / 2022, [Post 1 of 2....stay tuned]
8-7-2022 Guru Nader From The Mid East Iran completely lost control. That's very good news. Iran lost control of Iraq and that's good news. The citizens of Iraq came out and said enough is enough.
8-7-2022 Newshound Guru Jeff Wells Fargo Private Bank - I consulted with them...this is the investment division of Well Fargo Bank...I asked him...if I had a bunch of foreign currency that revalued...because I'm allowing you to invest it would you exchange it for free? He said yes as long as you had enough money...I don't know what the minimum amount is. You have to barter with them.
8-7-2022 Newshound Guru Clare Article: "Al-Sadr: (Dissolving Parliament) has become a popular, political and elitist demand for which there is no alternative".
8-7-2022 Newshound Guru Tivon You still waiting for the government when there is a clear timeline to release the rate anyway? ...I don't care about no seated GOI. They have to release the rate regardless.
8-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] We are still hearing Kazemi made a big deal with the CBI and saying the dinar rate will change very soon. When? We don't know. He doesn't tell us...it sounds like they're going to float the dinar but we're not sure when.
8-7-2022 Newshound Guru Pimpy Somebody said, 'Protest aren't real...it's all fake over there. They're just doing that to throw us off.' The protests are not fake...I'm not saying governments are truthful but to say all of their news and all their views on politics is a lie? ...just go to google put in 'Iraq protest'. There's article after article after article. And it's not just from Iraq. You have the Washington Post...PBS, Jerusalem Post, ABC, Yahoo News...the news is not always BS...the protest is happening...
8-7-2022 Newshound/Intel Guru Mnt Goat I get some questions on the VND Vietnam Dong as will it also RV along with the IQD Iraqi Dinar? I will give you a short answer to this question – maybe ...the Vietnam war has been over for about 50 years and still they have their downgraded currency and larger three zero notes. Maybe it’s time to bring them to the standard of the western currency? We can see there is no hurry to change these notes, at least not what they are saying. We do also see a higher VND rate (.47 – $2.00) in the QFS staged to go at some point. So, something is up. This is a good sign.
8-7-2022 Newshound Guru Militiaman IMO WE ARE ABOUT TO SEE THE $$$$ ...the process to get to the RV to start and that, at this point can take nanoseconds..
8-7-2022 Newshound Guru Tivon [Response to Humble1 below] There is no middle ground when you violate the constitution. The law [ESFL} should have never made it to the Gazette if his "argument" was legit. Mazhar Muhammad Saleh said specifically that it can't be challenged by anyone in the government because it's tied to entitlements which are connected to the constitution...The Gazette is the ground from which all laws can be proven legal/illegal simply by it being published in it or not.
8-7-2022 Intel Guru Frank26 We're going to see a new exchange rate of the currency through Kazemi's government and IMO parliament will eventually be dissolved. Just like Kuwait...dissolved their parliament for a very good reason. This will be good for Iraq... Kazemi will have a caretaker government with all the powers behind it...that dissolvement gives Kazemi majority rule. This will give Kazemi full power for two years. And that's good. No body will be able to do or say anything against him. That's a good amount of time IMO for the monetary and economic reforms.
8-7-2022 Guest Guru Humble1 I personally like the law, and until it is challenged in court it is law, and legal. No one objected because they also like the law, apparently. It may never be taken to court, who knows. But the author of the article made a legitimate argument, the law should it be brought before the court would be found to be unconstitutional ...I really hope no one does object to the law, because it is good for Iraq, and in a very round about way, good for the dinar investors like myself and others. [Post 2 of 2]
8-7-2022 Guest Guru Humble1 Article: "Is it possible to dissolve parliament ?" the EFSL - Yes it is law, but only because it has not gotten disputed and a suit filed with the courts, technically the law is unconstitutional, this article states that fact in black and white, not that I think it is, I rather like the law, as it helps Iraq, but none the less unconstitutional...the current government is the caretaker of daily affairs, and it does not have the constitutional legitimacy for that, according to Article (64-second) and according to the Federal Supreme Court’s decision No. 121 / Federal / 2022, [Post 1 of 2....stay tuned]
8-7-2022 Guru Nader From The Mid East Iran completely lost control. That's very good news. Iran lost control of Iraq and that's good news. The citizens of Iraq came out and said enough is enough.
8-7-2022 Newshound Guru Jeff Wells Fargo Private Bank - I consulted with them...this is the investment division of Well Fargo Bank...I asked him...if I had a bunch of foreign currency that revalued...because I'm allowing you to invest it would you exchange it for free? He said yes as long as you had enough money...I don't know what the minimum amount is. You have to barter with them.
8-7-2022 Newshound Guru Clare Article: "Al-Sadr: (Dissolving Parliament) has become a popular, political and elitist demand for which there is no alternative".
8-7-2022 Newshound Guru Tivon You still waiting for the government when there is a clear timeline to release the rate anyway? ...I don't care about no seated GOI. They have to release the rate regardless.
8-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] We are still hearing Kazemi made a big deal with the CBI and saying the dinar rate will change very soon. When? We don't know. He doesn't tell us...it sounds like they're going to float the dinar but we're not sure when.
8-7-2022 Newshound Guru Pimpy Somebody said, 'Protest aren't real...it's all fake over there. They're just doing that to throw us off.' The protests are not fake...I'm not saying governments are truthful but to say all of their news and all their views on politics is a lie? ...just go to google put in 'Iraq protest'. There's article after article after article. And it's not just from Iraq. You have the Washington Post...PBS, Jerusalem Post, ABC, Yahoo News...the news is not always BS...the protest is happening...
8-7-2022 Newshound/Intel Guru Mnt Goat I get some questions on the VND Vietnam Dong as will it also RV along with the IQD Iraqi Dinar? I will give you a short answer to this question – maybe ...the Vietnam war has been over for about 50 years and still they have their downgraded currency and larger three zero notes. Maybe it’s time to bring them to the standard of the western currency? We can see there is no hurry to change these notes, at least not what they are saying. We do also see a higher VND rate (.47 – $2.00) in the QFS staged to go at some point. So, something is up. This is a good sign.
8-6-2022 Newshound Guru Pimpy I started hearing rumors of people going, 'Yeah, they changed the rate they just haven't announced it to the public yet.' I was like what the hell are you guys talking about? ...let's say for shits and giggles they went ahead and they made the change privately and then somehow got out publicly - What's to keep everybody and their mama from rushing out and buying more Iraqi dinar because they knew the rate change took place. That's why I know it's BS...it makes no sense whatsoever...
8-6-2022 Intel Guru Frank26 Will they float the dinar like the hot rumor that's out there on the internet right now? I don't know but...they had and auction last week...IMO a float cannot occur during an auction week...
8-6-2022 Newshound Guru Tivon ...You can see why some would assume there's a long way to go. Because it appears we are waiting on things being settled between what powers will run the country in "The New Government". But Al-Kazemi is in position to implement everything for the interim period as an transitional authority who will use the EFSL to enact the Oil & Gas Law sense he will have full legislative authority...The citizens do not want a "New Government". They want purchasing power.
8-6-2022 Newshound Guru Walkingstick [via Frank26] The closed door meetings with the CBI/AMF are strong sighs that the monetary reforms continues its forward progress internationally...
8-6-2022 Newshound Guru Militiaman Article "The Coordination Framework announces its support for holding early elections under conditions" Dissolution is gaining considerable popularity and there is strong demand to get the corrupt accounted for. Sadr knows that the US and others know where the money is. The Citizens know that to be true now. They told us years ago they were working to this end. And that end looks to be within days now...
8-6-2022 Intel Guru MarkZ [via PDK] We do not have to see them set the government…we just need to see them making progress so the Minister of finance and CBI have the confidence to move forward. That’s why all the meetings in the last 36 hours are so important...the conversation on the streets is about the rate change and there is more talk from Kazemi and friends regarding the change of that rate. So I do believe we are right here at the cusp of this thing happening. We are pushing toward the finish line...We are measurably closer then we have ever been in this journey. [post 2 of 2]
8-6-2022 Intel Guru MarkZ [via PDK] From Iraq: “Al-Amiri waits...and the leaders of the movement: There is no meeting until after these conditions” the important part in this article is they are meeting around the clock now….the leaders are meeting at their own homes to pound this out. I think that is pretty important. Even more important…and my finance minister contacts have been telling me this as well from the last few months…. [Guru] Mt. Goat picked up on this as well... [reference Mnt Goat post below] [post 1 of 2....stay tuned]
8-6-2022 Newshound Guru Samson Article: "The Central Bank of Iraq is the first in the world to buy gold in 2022" Quote: "The Iraqi Bank bought 34 tons of gold. This is the first increase in gold reserves by the Central Bank of Iraq since it purchased 7 tons in 2018. The Bank of Iraq now owns 130 tons of gold"
8-6-2022 Newshound Guru Pimpy A video [was released] in which somebody was talking about the rate change to the Iraqi dinar...there's a lot of suckers...they jump the gun way too quick. Nobody ever said that the rate change took place. What they said is there's talk of a rate change...that you should start to see the value of the Iraqi dinar increase and I agree full heartedly...
8-6-2022 Intel Guru Frank26 IMO the IMF gave them certain criteria to accomplish in the month of July and they did...From July 31st to the end of this month I'm looking for what these [recently released dinar] videos are talking about. I'm looking for a new exchange rate and a reinstituted currency in the country of Iraq...
8-6-2022 Newshound/Intel Guru Mnt Goat Article: "ECONOMICALLY AND PARLIAMENTARIAN” ..THE LAW: THE EXCHANGE RATE OF THE DOLLAR WILL SEE THE LIGHT IN THE NEXT STAGE" Quote: "State of Law Representative Jassem al-Moussawi confirmed...Wednesday, that the chances of the coordination framework within the parliament have become very strong, and this qualifies him to change the exchange rate of the Iraqi dinar against the US dollar," No! It does not qualify parliament to change the exchange rate. We have gotten multiple articles from the CBI and Finance Committee that they alone have the power to change the exchange rate. Now having said this parliament can surely put pressure on them to act but have control of parliament does not “qualify them to do anything when it comes to currency reform”.
8-6-2022 Intel Guru MarkZ [via PDK] [...Iraq has a lot of big contracts to pay by August 15th…one is a huge oil contract to France for 27 billion…so I am thinking it will go by then. ] Yes from what I am being told…i believe it also needs to be done by the 15th of August...I hope and pray I am not wrong unless it’s much sooner.
8-6-2022 Intel Guru Frank26 Will they float the dinar like the hot rumor that's out there on the internet right now? I don't know but...they had and auction last week...IMO a float cannot occur during an auction week...
8-6-2022 Newshound Guru Tivon ...You can see why some would assume there's a long way to go. Because it appears we are waiting on things being settled between what powers will run the country in "The New Government". But Al-Kazemi is in position to implement everything for the interim period as an transitional authority who will use the EFSL to enact the Oil & Gas Law sense he will have full legislative authority...The citizens do not want a "New Government". They want purchasing power.
8-6-2022 Newshound Guru Walkingstick [via Frank26] The closed door meetings with the CBI/AMF are strong sighs that the monetary reforms continues its forward progress internationally...
8-6-2022 Newshound Guru Militiaman Article "The Coordination Framework announces its support for holding early elections under conditions" Dissolution is gaining considerable popularity and there is strong demand to get the corrupt accounted for. Sadr knows that the US and others know where the money is. The Citizens know that to be true now. They told us years ago they were working to this end. And that end looks to be within days now...
8-6-2022 Intel Guru MarkZ [via PDK] We do not have to see them set the government…we just need to see them making progress so the Minister of finance and CBI have the confidence to move forward. That’s why all the meetings in the last 36 hours are so important...the conversation on the streets is about the rate change and there is more talk from Kazemi and friends regarding the change of that rate. So I do believe we are right here at the cusp of this thing happening. We are pushing toward the finish line...We are measurably closer then we have ever been in this journey. [post 2 of 2]
8-6-2022 Intel Guru MarkZ [via PDK] From Iraq: “Al-Amiri waits...and the leaders of the movement: There is no meeting until after these conditions” the important part in this article is they are meeting around the clock now….the leaders are meeting at their own homes to pound this out. I think that is pretty important. Even more important…and my finance minister contacts have been telling me this as well from the last few months…. [Guru] Mt. Goat picked up on this as well... [reference Mnt Goat post below] [post 1 of 2....stay tuned]
8-6-2022 Newshound Guru Samson Article: "The Central Bank of Iraq is the first in the world to buy gold in 2022" Quote: "The Iraqi Bank bought 34 tons of gold. This is the first increase in gold reserves by the Central Bank of Iraq since it purchased 7 tons in 2018. The Bank of Iraq now owns 130 tons of gold"
8-6-2022 Newshound Guru Pimpy A video [was released] in which somebody was talking about the rate change to the Iraqi dinar...there's a lot of suckers...they jump the gun way too quick. Nobody ever said that the rate change took place. What they said is there's talk of a rate change...that you should start to see the value of the Iraqi dinar increase and I agree full heartedly...
8-6-2022 Intel Guru Frank26 IMO the IMF gave them certain criteria to accomplish in the month of July and they did...From July 31st to the end of this month I'm looking for what these [recently released dinar] videos are talking about. I'm looking for a new exchange rate and a reinstituted currency in the country of Iraq...
8-6-2022 Newshound/Intel Guru Mnt Goat Article: "ECONOMICALLY AND PARLIAMENTARIAN” ..THE LAW: THE EXCHANGE RATE OF THE DOLLAR WILL SEE THE LIGHT IN THE NEXT STAGE" Quote: "State of Law Representative Jassem al-Moussawi confirmed...Wednesday, that the chances of the coordination framework within the parliament have become very strong, and this qualifies him to change the exchange rate of the Iraqi dinar against the US dollar," No! It does not qualify parliament to change the exchange rate. We have gotten multiple articles from the CBI and Finance Committee that they alone have the power to change the exchange rate. Now having said this parliament can surely put pressure on them to act but have control of parliament does not “qualify them to do anything when it comes to currency reform”.
8-6-2022 Intel Guru MarkZ [via PDK] [...Iraq has a lot of big contracts to pay by August 15th…one is a huge oil contract to France for 27 billion…so I am thinking it will go by then. ] Yes from what I am being told…i believe it also needs to be done by the 15th of August...I hope and pray I am not wrong unless it’s much sooner.
8-5-2022 Intel Guru Frank26 IMO the IMF gave the CBI until July 31st. ...Yeah, IMO...they said you have until the 31st to complete all of this. What is all of this? Release your new exchange rate...IMO they have 30 days from July 31st to complete this. This is just my opinion.
8-5-2022 Guru Nader From The Mid East It's a mess between Sadr and Maliki...I don't think one of them is gonna get the power. I think the people is getting mad because...they just want the power...I think it's going to go to an election and I don't think it's going to be a parliament anymore in the future. I think it's going to be a presidency power, not parliament power not anymore. I don't think it's going to be a civil war. I worry about that a lot but I don't think it's going to be...
8-5-2022 Intel Guru MarkZ [via PDK] Everyone is gathered around the dance floor waiting for the music to start. The chatter has been really good this afternoon…but we just have not seen it yet.
8-5-2022 Newshound Guru Kaperoni ...deleting 3 zeros. If they go through with it it is not an RV. They are teaching their citizens about a currency exchange LOP. Not what we want.
8-5-2022 Intel Guru Bruce [via WiserNow] ...we [should] receive our notifications over the weekend - and that to me is Saturday or Sunday - ...and more than likely we'll have access to funds Monday or Tuesday of next week...Iraq did move forward. They did put their rate out to be traded. I don't believe it's out so we can see it yet. But then again, it could happen on Saturday.
8-5-2022 Newshound Guru Walkingstick [via Frank26] The AMF, Arab Monetary Fund, wants the IQD in the middle eastern basket. That's why you saw the SDRs being worked on...somebody's doing something. And the one who's doing something is Kazemi.
8-5-2022 Newshound Guru Samson Article: "The storming of Al-Khadra renews calls for the transition to the presidential system"
8-5-2022 Newshound Guru Tivon I don't know what the big deal is surrounding the 15[th] other than what was explicitly said by the CBI as to what they want done prior to that...The CBI gave out those dates for the banks to get on the new platform...The 2nd half started on July 1st. BUNA has not launched yet. Are they waiting to make sure the CBI is ready? Well if the CBI is not it probably has to do with the banks who still are preparing to join the new digital platform by the 15th.
8-5-2022 Intel Guru MarkZ [via PDK] ...Iraq itself has been very quiet. They are going into a weekend where they hope to seat their government. All I can say, even though you are tired of hearing it is “buckle up”. [Tivon from DR’s says it is just about to go because Kazemi has the power to call it.] Kazemi really does…that’s why I am still looking for it to go at any moment. And, he has clearly said they are going back to the “Pre Gulf War Rate”.
8-5-2022 Newshound Guru Sandy Ingram Article "Iraq's al-Sadr demands dissolution of parliament, early elections" This news could and will ultimately affect our Iraqi dinar investment...Sadr has urged his supporters to continue their sit-in...until his demand of dissolution of parliament are met...
8-5-2022 Newshound Guru Pimpy ...Somebody somewhere along the line started telling people that the rate change has already happened. It has not happened. It doesn't make sense...to announce that it's happened privately and not do it publicly...They're talking about a rate change but they're not saying when they're going to implement this...So hang tight people because you are a lot closer than you even know...it's gonna happen. Things are changing around the world right now. We can se it as clear as day... [Post 2 of 2]
8-5-2022 Newshound Guru Pimpy [Guru] Nader From The Middle East] released a video. ...Some people are asking me to please translate it...This person is regurgitating the news that we've already spoke about...there is some encouragement going on when it comes to the Iraqi dinar exchange rate...What this person is talking about was an older article... [Post 1 of 2....stay tuned]
8-5-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] These videos are out all over the place...seen them over and over again and they are talking about our currency and what we used to use in the past [coins]. The last thing he talked about the new notes and discussed the possibility of the dinar and investment opportunities. The other video you asked about talked about the same thing about how the Iraqi dinar going to change. He didn't say how much. He touched on Kazemi and CBI deals...The third video was more about investment opportunities here in Iraq...there is another video and that one talk too about new notes and coins to offset the rise of the dinar and make operational for daily transactions. This all leads to a rate change...
8-5-2022 Intel Guru MarkZ [via PDK] [What...If Iraq goes alone?] I am still told that even if Iraq goes alone [No Global Currency Reset]... even if there is a float…our rate is covered by a contract/treaty…set higher then it will initially come out at…I was told about $2 more per dinar…they will only honor the higher denomination notes for a limited time. We learned this in Kuwait, China and other revaluations that have happened throughout history. So if you wait too long …your currency really could become wallpaper.
8-5-2022 Newshound/Intel Guru Mnt Goat On Wednesday al-Sadr gave a speech...Al-Sadr openly declared what his policy is going to be for the next government. He said...the only direction is to dissolve parliament and re-run the elections... the coordination framework said they will officially respond to Al-Sadr’s demands in the coming hours...Oil is high and money is flowing. Can they keep the Sadr momentum going and get the govt formed while “the iron is hot”...Remember that caretaker prime minister Al-Kazemi will remain in power and position until the current crisis is resolved.
8-5-2022 Guru Nader From The Mid East It's a mess between Sadr and Maliki...I don't think one of them is gonna get the power. I think the people is getting mad because...they just want the power...I think it's going to go to an election and I don't think it's going to be a parliament anymore in the future. I think it's going to be a presidency power, not parliament power not anymore. I don't think it's going to be a civil war. I worry about that a lot but I don't think it's going to be...
8-5-2022 Intel Guru MarkZ [via PDK] Everyone is gathered around the dance floor waiting for the music to start. The chatter has been really good this afternoon…but we just have not seen it yet.
8-5-2022 Newshound Guru Kaperoni ...deleting 3 zeros. If they go through with it it is not an RV. They are teaching their citizens about a currency exchange LOP. Not what we want.
8-5-2022 Intel Guru Bruce [via WiserNow] ...we [should] receive our notifications over the weekend - and that to me is Saturday or Sunday - ...and more than likely we'll have access to funds Monday or Tuesday of next week...Iraq did move forward. They did put their rate out to be traded. I don't believe it's out so we can see it yet. But then again, it could happen on Saturday.
8-5-2022 Newshound Guru Walkingstick [via Frank26] The AMF, Arab Monetary Fund, wants the IQD in the middle eastern basket. That's why you saw the SDRs being worked on...somebody's doing something. And the one who's doing something is Kazemi.
8-5-2022 Newshound Guru Samson Article: "The storming of Al-Khadra renews calls for the transition to the presidential system"
8-5-2022 Newshound Guru Tivon I don't know what the big deal is surrounding the 15[th] other than what was explicitly said by the CBI as to what they want done prior to that...The CBI gave out those dates for the banks to get on the new platform...The 2nd half started on July 1st. BUNA has not launched yet. Are they waiting to make sure the CBI is ready? Well if the CBI is not it probably has to do with the banks who still are preparing to join the new digital platform by the 15th.
8-5-2022 Intel Guru MarkZ [via PDK] ...Iraq itself has been very quiet. They are going into a weekend where they hope to seat their government. All I can say, even though you are tired of hearing it is “buckle up”. [Tivon from DR’s says it is just about to go because Kazemi has the power to call it.] Kazemi really does…that’s why I am still looking for it to go at any moment. And, he has clearly said they are going back to the “Pre Gulf War Rate”.
8-5-2022 Newshound Guru Sandy Ingram Article "Iraq's al-Sadr demands dissolution of parliament, early elections" This news could and will ultimately affect our Iraqi dinar investment...Sadr has urged his supporters to continue their sit-in...until his demand of dissolution of parliament are met...
8-5-2022 Newshound Guru Pimpy ...Somebody somewhere along the line started telling people that the rate change has already happened. It has not happened. It doesn't make sense...to announce that it's happened privately and not do it publicly...They're talking about a rate change but they're not saying when they're going to implement this...So hang tight people because you are a lot closer than you even know...it's gonna happen. Things are changing around the world right now. We can se it as clear as day... [Post 2 of 2]
8-5-2022 Newshound Guru Pimpy [Guru] Nader From The Middle East] released a video. ...Some people are asking me to please translate it...This person is regurgitating the news that we've already spoke about...there is some encouragement going on when it comes to the Iraqi dinar exchange rate...What this person is talking about was an older article... [Post 1 of 2....stay tuned]
8-5-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] These videos are out all over the place...seen them over and over again and they are talking about our currency and what we used to use in the past [coins]. The last thing he talked about the new notes and discussed the possibility of the dinar and investment opportunities. The other video you asked about talked about the same thing about how the Iraqi dinar going to change. He didn't say how much. He touched on Kazemi and CBI deals...The third video was more about investment opportunities here in Iraq...there is another video and that one talk too about new notes and coins to offset the rise of the dinar and make operational for daily transactions. This all leads to a rate change...
8-5-2022 Intel Guru MarkZ [via PDK] [What...If Iraq goes alone?] I am still told that even if Iraq goes alone [No Global Currency Reset]... even if there is a float…our rate is covered by a contract/treaty…set higher then it will initially come out at…I was told about $2 more per dinar…they will only honor the higher denomination notes for a limited time. We learned this in Kuwait, China and other revaluations that have happened throughout history. So if you wait too long …your currency really could become wallpaper.
8-5-2022 Newshound/Intel Guru Mnt Goat On Wednesday al-Sadr gave a speech...Al-Sadr openly declared what his policy is going to be for the next government. He said...the only direction is to dissolve parliament and re-run the elections... the coordination framework said they will officially respond to Al-Sadr’s demands in the coming hours...Oil is high and money is flowing. Can they keep the Sadr momentum going and get the govt formed while “the iron is hot”...Remember that caretaker prime minister Al-Kazemi will remain in power and position until the current crisis is resolved.
8-4-2022 Newshound Guru Tivon Article: "Al-Sadr directs the protesters to stay in the green and calls for the dissolution of Parliament and the holding of early elections" ...I don't think the citizens will have to wait for the elections and the formation of the GOI to see purchasing power. Because Al-Kazemi as an interim government will have the necessary powers to give that to them now...the news coming out now supports a immediate change to take place with reforms so it can have some wheels.
8-4-2022 Intel Guru Frank26 I know there's a real big rumor out there saying, 'Guess what's going to happen tonight? The Iraqi dinar is going to float!" Do I think it's going to float tonight? I don't know. Do I sense it? No not really...if and when it does it will be because parliament will eventually be dissolved....this rumor is just not ripe enough yet...
8-4-2022 Intel Guru MarkZ [via PDK] Rumors are all over the place as to what’s happening in Iraq. They are still moving forward with seating the government…but the rumors are they are going to let it start floating. Expect more rumors… I am hearing exceptionally confident things from the Mideast and Reno area that we are in the last days. Days not weeks…which is sooner then what I was expecting.
8-4-2022 Newshound Guru Kaperoni Iraq still has a significant amount of work to be done including formation of the new government, passing over 100 stalled economic laws and implementing all of the stalled reconstruction, and economic activities throughout Iraq to diversify its economy. Only then can the central bank take significant measures to begin to raise the value via float.
8-4-2022 Newshound Guru Samson Article: "Al-Sadr directs the protesters to stay in the green and calls for the dissolution of Parliament and the holding of early elections"
8-4-2022 Newshound Guru Breitling The riots and parliament - you couldn't imagine on how we benefit form this. It's a very good thing. Because people are anxious...and sick and tired of it. They see the price of oil per barrel and they know the elites in their country and how much they're making and it's not translating down to them...
8-4-2022 Newshound/Intel Guru Mnt Goat I have to say it is looking more and more that this stalemate is going to push for the dissolution of parliament and the changing of the constitution towards a majority government. This is a standoff between the corrupt and the survival of Iraq. Yes, a good old fashion “showdown”!...Having said that I do not think that the Coordination Framework is going to vote on such a measure as the dissolving of parliament since they have the majority in the house now and seems it would never pass, however the show is not over until the fat lady sings…lol...
8-4-2022 Newshound Guru Pimpy Al-Kazemi is that one guy that gets along with all the groups. If there's anybody out there that could prevent this civil war from happening think it's Al-Kazemi...the other one person that might be able to bring calmer heads to the table would be Amari. He has been meeting with Sadr.
8-4-2022 Newshound Guru Tivon Article "Al-Kazemi’s advisor: Stabilizing contracts and appointing health professionals and higher
certificates are not linked to the budget" He is basically saying Al-Kazemi may be the only possible avenue to address the dollar exchange rate through the EFSL...this is very enlightening to hear as Al-Kazemi wants to reduce the dollar exchange rate without relying on the givers to do so. Which is why the demonstrators are taking to the streets because they realize the government are the ones in the way. Imo
8-4-2022 Intel Guru MarkZ [via PDK] Article: “Al Sadr demands the dissolution of parliament and the holding of early elections . the old faces do not exist anymore democratically” Very positive news as they move forward to form a “majority” government. Different blocs are also pushing to dissolve parliament…Al Amiri is pushing for a meeting about this within 2 days…They are making huge strides in Iraq. They have not worked together in years…decades even. Now they are sitting down together to finish it. Then Al Kazemi- as soon as they are finished expects the new rates. It appears we are in the last days of this...I still think it could go at any moment.
8-4-2022 Intel Guru Frank26 FRANK: ...It is an education for the citizens...they were not talking about the 'dinar' per say...they were not talking about when the dinar was going to be released with a new exchange rate. They were talking about how the new small category notes are needed...why would they do something like this? ...these are financial service experts representatives and they're using the Iraqi dinar as one of their financial service products. [Post 2 of 2]
8-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground new videos report] FRANK: Three videos came out...one of these videos was on a television program in Iraq that is well known to the citizens of Iraq. It is called "Dinar"...Iraqi citizens always watch it. It talks about their economy, their reforms, their GDP, all that economic stuff. Not the political stuff...it's in Arabic... FIREFLY: ...It was live on our Channel 1...It is a campaign to show the importance of small denominations and the deletion of the zeros. [Post 1 of 2....stay tuned]
8-4-2022 Guru Nader From The Mid East [Iraqi Video Translation] The video is talking about the dollar and the dinar. It's very good news not bad news. It's talking about the exchange of the dinar. They said today by midnight the dinar will start to change. I don't know what that mean exactly 'start to change.' I think they're gonna put it to float...They said Kazemi made a decision with the CBI...It's not an opinion...it's what I hear...I'm just giving you the news. Don't blame me if it doesn't happen. If it happens it good...
8-4-2022 Newshound Guru Samson [Iraq Video] APPEARED YESTERDAY LIVE ON THE WEEKLY ECONOMIC PROGRAM CALLED 'DINAR' ON THE OFFICIAL TV STATION IN IRAQ. A CAMPAIGN TO SHOW THE IMPORTANCE OF SMALL DENOMINATIONS AND THE DELETION OF THE ZEROS. [Stay Tuned as the Dinar Gurus chime in on its translation.]
8-4-2022 Intel Guru Bruce I understand that Iraq will be essentially closed off to us - to the world - between Thursday and Saturday...of this week - Iraq will go dark so to speak - Now they'll reopen again on Sunday, which is their first business day - And they will - in my opinion - continue trading the dinar starting Sunday night, internationally, especially with the Far East...So that is going to be interesting...This is where we are...
8-4-2022 Intel Guru Frank26 I know there's a real big rumor out there saying, 'Guess what's going to happen tonight? The Iraqi dinar is going to float!" Do I think it's going to float tonight? I don't know. Do I sense it? No not really...if and when it does it will be because parliament will eventually be dissolved....this rumor is just not ripe enough yet...
8-4-2022 Intel Guru MarkZ [via PDK] Rumors are all over the place as to what’s happening in Iraq. They are still moving forward with seating the government…but the rumors are they are going to let it start floating. Expect more rumors… I am hearing exceptionally confident things from the Mideast and Reno area that we are in the last days. Days not weeks…which is sooner then what I was expecting.
8-4-2022 Newshound Guru Kaperoni Iraq still has a significant amount of work to be done including formation of the new government, passing over 100 stalled economic laws and implementing all of the stalled reconstruction, and economic activities throughout Iraq to diversify its economy. Only then can the central bank take significant measures to begin to raise the value via float.
8-4-2022 Newshound Guru Samson Article: "Al-Sadr directs the protesters to stay in the green and calls for the dissolution of Parliament and the holding of early elections"
8-4-2022 Newshound Guru Breitling The riots and parliament - you couldn't imagine on how we benefit form this. It's a very good thing. Because people are anxious...and sick and tired of it. They see the price of oil per barrel and they know the elites in their country and how much they're making and it's not translating down to them...
8-4-2022 Newshound/Intel Guru Mnt Goat I have to say it is looking more and more that this stalemate is going to push for the dissolution of parliament and the changing of the constitution towards a majority government. This is a standoff between the corrupt and the survival of Iraq. Yes, a good old fashion “showdown”!...Having said that I do not think that the Coordination Framework is going to vote on such a measure as the dissolving of parliament since they have the majority in the house now and seems it would never pass, however the show is not over until the fat lady sings…lol...
8-4-2022 Newshound Guru Pimpy Al-Kazemi is that one guy that gets along with all the groups. If there's anybody out there that could prevent this civil war from happening think it's Al-Kazemi...the other one person that might be able to bring calmer heads to the table would be Amari. He has been meeting with Sadr.
8-4-2022 Newshound Guru Tivon Article "Al-Kazemi’s advisor: Stabilizing contracts and appointing health professionals and higher
certificates are not linked to the budget" He is basically saying Al-Kazemi may be the only possible avenue to address the dollar exchange rate through the EFSL...this is very enlightening to hear as Al-Kazemi wants to reduce the dollar exchange rate without relying on the givers to do so. Which is why the demonstrators are taking to the streets because they realize the government are the ones in the way. Imo
8-4-2022 Intel Guru MarkZ [via PDK] Article: “Al Sadr demands the dissolution of parliament and the holding of early elections . the old faces do not exist anymore democratically” Very positive news as they move forward to form a “majority” government. Different blocs are also pushing to dissolve parliament…Al Amiri is pushing for a meeting about this within 2 days…They are making huge strides in Iraq. They have not worked together in years…decades even. Now they are sitting down together to finish it. Then Al Kazemi- as soon as they are finished expects the new rates. It appears we are in the last days of this...I still think it could go at any moment.
8-4-2022 Intel Guru Frank26 FRANK: ...It is an education for the citizens...they were not talking about the 'dinar' per say...they were not talking about when the dinar was going to be released with a new exchange rate. They were talking about how the new small category notes are needed...why would they do something like this? ...these are financial service experts representatives and they're using the Iraqi dinar as one of their financial service products. [Post 2 of 2]
8-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground new videos report] FRANK: Three videos came out...one of these videos was on a television program in Iraq that is well known to the citizens of Iraq. It is called "Dinar"...Iraqi citizens always watch it. It talks about their economy, their reforms, their GDP, all that economic stuff. Not the political stuff...it's in Arabic... FIREFLY: ...It was live on our Channel 1...It is a campaign to show the importance of small denominations and the deletion of the zeros. [Post 1 of 2....stay tuned]
8-4-2022 Guru Nader From The Mid East [Iraqi Video Translation] The video is talking about the dollar and the dinar. It's very good news not bad news. It's talking about the exchange of the dinar. They said today by midnight the dinar will start to change. I don't know what that mean exactly 'start to change.' I think they're gonna put it to float...They said Kazemi made a decision with the CBI...It's not an opinion...it's what I hear...I'm just giving you the news. Don't blame me if it doesn't happen. If it happens it good...
8-4-2022 Newshound Guru Samson [Iraq Video] APPEARED YESTERDAY LIVE ON THE WEEKLY ECONOMIC PROGRAM CALLED 'DINAR' ON THE OFFICIAL TV STATION IN IRAQ. A CAMPAIGN TO SHOW THE IMPORTANCE OF SMALL DENOMINATIONS AND THE DELETION OF THE ZEROS. [Stay Tuned as the Dinar Gurus chime in on its translation.]
8-4-2022 Intel Guru Bruce I understand that Iraq will be essentially closed off to us - to the world - between Thursday and Saturday...of this week - Iraq will go dark so to speak - Now they'll reopen again on Sunday, which is their first business day - And they will - in my opinion - continue trading the dinar starting Sunday night, internationally, especially with the Far East...So that is going to be interesting...This is where we are...
8-3-2022 Intel Guru MarkZ [via PDK] News has been overwhelming out of the Middle east today…the excitement level from those on the streets of Iraq is through the roof in anticipation... Sadr and a number of people speaking late last evening in Iraq talked about the impending change of value and the impending government changes ...Most of my contacts over there think it may be within the next week for the new rate to begin. They specifically mention “Pre-Gulf War” for the rate...about $3.20 cents... IMO this is the very absolute closest we have ever been...
8-3-2022 Newshound Guru Militiaman Question "Who has the authority to deem Al-Kazemi interim, authority?" The Constitution gives the authority for the President and or Prime Minister necessary powers to run the country under war and or emergencies. Well, the Emergency Food Security Law fits the bill not to mention they have not seated their government for about the last 10 months.
8-3-2022 Newshound Guru Walkingstick [via Frank26] Kazemi is still in control and he will soon control his own government and a new exchange rate. When you see the IMF, AMF, United Nations, World Bank, World Trade Organization, United States Treasury, BUMA...all these people meeting with the CBI and Kazemi you cannot be that ignorant! These are heavy hitters that deal with monetary reforms and economic reforms too.
8-3-2022 Newshound Guru Samson Article: "Russian newspaper: Iran loses control of Iraq" Quote "The Russian newspaper "Expert Ru" saw that Iran has lost control of Iraq in a report published today, Tuesday, on the internal conflict in Iraq and the rejection of "Iranian guardianship" over it."
8-3-2022 Newshound Guru Tivon You all are in for a powerful week. So much to look forward to regarding your investment. Keep watch of the news for the next 72 hrs for something more informative to surface into the weekend...
8-3-2022 Newshound Guru Clare ...In MY opinion, in spite of all the hype, good news about rates, banking, etc., the Gov't issue still needs settling and it looks like this is going to take more time than expected...
8-3-2022 Intel Guru Bruce [via WiserNow] Iraq has a rate that has been put out for the international trading community. It's not something we can see. It's not something that's there for our eyes yet. But it did come out and the day that it was supposed to appear in the Gazette was...this past Saturday - I don't believe it made its way into the Gazette - but the printed version, the Gazette - can go out any day - It doesn't have to be a Saturday or a Wednesday - It can just happen on any given day...I believe from what I'm being told that we could get notified...[Wednesday]...In which case we would probably start our exchanges on Thursday...stay grounded...stay in the game - and look forward to what is coming our way.
8-3-2022 Newshound Guru Kaperoni As I've stated numerous times the IMF has monetary discussions with Iraq every year called Article IV Consultations. The IMF is encouraged Iraq to create the conditions to allow them to float the currency based on the economic success. That is the only logical solution.
8-3-2022 Newshound Guru Pimpy Interesting developments taking place that could put Iraq in a very very unique situation that they can benefit from...the European Union and United Nations...what they don't want is for an uprising to take place, civil war to break out, and somebody grab control of the oil or somebody halt oil production all together. That's going to put them in a real serious pickle...
8-3-2022 Intel Guru Frank26 [Iraq boots-on-the-ground bank report] FIREFLY: Bank friend doesn't know [the new rate] but his opinion is we won't see a recent rate when the change comes... FRANK: A "recent rate" - 1200...we won't see those rates. FIREFLY: Because when the change does come there is way too much being counted on this new rate and much is needed to be done to go back to the 'recent rate' of 1200...these are exciting times and they are almost upon us...
8-3-2022 Intel Guru MarkZ [via PDK] Article: "THE SADRISTS ARE NOW TALKING ABOUT A FORMULA FOR A PRESIDENTIAL SYSTEM, NOT A PARLIAMENTARY SYSTEM" [Reference Mnt Goat post 8-3-2022 below] This is huge news coming out of Iraq. They want to move to a system similar to ours where a majority can move forward without a complete concensus. How often can you get everyone to agree on everything…not gonna happen. They need to run with a majority. I am still hearing a resolution could be moments away, if not days away…We had hoped for a resolution last Saturday and then Monday…it’s fluid as we watch it play out. I do not think they are kicking the can…its just a process that is playing out.
8-3-2022 Newshound Guru Tivon The 15th is the deadline for banks. Which will be the new digital platform for shares, stocks, bonds, trades, and of course daily banking practices. If Al-Kazemi is declared the authority today the CBI can release the rate tomorrow.
8-3-2022 Newshound Guru Samson Article: "Iraqi political parties call for the dissolution of parliament and the formation of a new government"
8-3-2022 Newshound Guru Sandy Ingram The IQD rate is pretty much the same. The white papers are still guiding the economy in Iraq and for whatever reasons getting a new prime minister appears to be the last thing on the minds of Iraqi citizens. Every time they get close to a regime change something happens so they and we will be moving forward with the existing prime minister...
8-3-2022 Intel Guru MarkZ [via PDK] Article: “Al Sadr’s minister directs the sit-in in front of parliament, not inside it. Maintain your presence until our demands are achieved” it is coming to a head in a positive way. In Iraq the protests are forcing a resolution to the government...
8-3-2022 Newshound/Intel Guru Mnt Goat Article: "THE SADRISTS ARE NOW TALKING ABOUT A FORMULA FOR A PRESIDENTIAL SYSTEM, NOT A PARLIAMENTARY SYSTEM" This is one of those WOW! moments in history of Iraq...I have been saying this now since the election began that they needed to get out of this parliamentary system as the corrupt use it to their own purposed to circumvent democracy...Sadr wants a majority government but what has changed now in the tone on Iraq is that they are now FINALLY calling for the necessary constitutional changes to make this happen. WOW! Finally!... It is all very good for Iraq!!!
8-3-2022 Newshound Guru Militiaman Question "Who has the authority to deem Al-Kazemi interim, authority?" The Constitution gives the authority for the President and or Prime Minister necessary powers to run the country under war and or emergencies. Well, the Emergency Food Security Law fits the bill not to mention they have not seated their government for about the last 10 months.
8-3-2022 Newshound Guru Walkingstick [via Frank26] Kazemi is still in control and he will soon control his own government and a new exchange rate. When you see the IMF, AMF, United Nations, World Bank, World Trade Organization, United States Treasury, BUMA...all these people meeting with the CBI and Kazemi you cannot be that ignorant! These are heavy hitters that deal with monetary reforms and economic reforms too.
8-3-2022 Newshound Guru Samson Article: "Russian newspaper: Iran loses control of Iraq" Quote "The Russian newspaper "Expert Ru" saw that Iran has lost control of Iraq in a report published today, Tuesday, on the internal conflict in Iraq and the rejection of "Iranian guardianship" over it."
8-3-2022 Newshound Guru Tivon You all are in for a powerful week. So much to look forward to regarding your investment. Keep watch of the news for the next 72 hrs for something more informative to surface into the weekend...
8-3-2022 Newshound Guru Clare ...In MY opinion, in spite of all the hype, good news about rates, banking, etc., the Gov't issue still needs settling and it looks like this is going to take more time than expected...
8-3-2022 Intel Guru Bruce [via WiserNow] Iraq has a rate that has been put out for the international trading community. It's not something we can see. It's not something that's there for our eyes yet. But it did come out and the day that it was supposed to appear in the Gazette was...this past Saturday - I don't believe it made its way into the Gazette - but the printed version, the Gazette - can go out any day - It doesn't have to be a Saturday or a Wednesday - It can just happen on any given day...I believe from what I'm being told that we could get notified...[Wednesday]...In which case we would probably start our exchanges on Thursday...stay grounded...stay in the game - and look forward to what is coming our way.
8-3-2022 Newshound Guru Kaperoni As I've stated numerous times the IMF has monetary discussions with Iraq every year called Article IV Consultations. The IMF is encouraged Iraq to create the conditions to allow them to float the currency based on the economic success. That is the only logical solution.
8-3-2022 Newshound Guru Pimpy Interesting developments taking place that could put Iraq in a very very unique situation that they can benefit from...the European Union and United Nations...what they don't want is for an uprising to take place, civil war to break out, and somebody grab control of the oil or somebody halt oil production all together. That's going to put them in a real serious pickle...
8-3-2022 Intel Guru Frank26 [Iraq boots-on-the-ground bank report] FIREFLY: Bank friend doesn't know [the new rate] but his opinion is we won't see a recent rate when the change comes... FRANK: A "recent rate" - 1200...we won't see those rates. FIREFLY: Because when the change does come there is way too much being counted on this new rate and much is needed to be done to go back to the 'recent rate' of 1200...these are exciting times and they are almost upon us...
8-3-2022 Intel Guru MarkZ [via PDK] Article: "THE SADRISTS ARE NOW TALKING ABOUT A FORMULA FOR A PRESIDENTIAL SYSTEM, NOT A PARLIAMENTARY SYSTEM" [Reference Mnt Goat post 8-3-2022 below] This is huge news coming out of Iraq. They want to move to a system similar to ours where a majority can move forward without a complete concensus. How often can you get everyone to agree on everything…not gonna happen. They need to run with a majority. I am still hearing a resolution could be moments away, if not days away…We had hoped for a resolution last Saturday and then Monday…it’s fluid as we watch it play out. I do not think they are kicking the can…its just a process that is playing out.
8-3-2022 Newshound Guru Tivon The 15th is the deadline for banks. Which will be the new digital platform for shares, stocks, bonds, trades, and of course daily banking practices. If Al-Kazemi is declared the authority today the CBI can release the rate tomorrow.
8-3-2022 Newshound Guru Samson Article: "Iraqi political parties call for the dissolution of parliament and the formation of a new government"
8-3-2022 Newshound Guru Sandy Ingram The IQD rate is pretty much the same. The white papers are still guiding the economy in Iraq and for whatever reasons getting a new prime minister appears to be the last thing on the minds of Iraqi citizens. Every time they get close to a regime change something happens so they and we will be moving forward with the existing prime minister...
8-3-2022 Intel Guru MarkZ [via PDK] Article: “Al Sadr’s minister directs the sit-in in front of parliament, not inside it. Maintain your presence until our demands are achieved” it is coming to a head in a positive way. In Iraq the protests are forcing a resolution to the government...
8-3-2022 Newshound/Intel Guru Mnt Goat Article: "THE SADRISTS ARE NOW TALKING ABOUT A FORMULA FOR A PRESIDENTIAL SYSTEM, NOT A PARLIAMENTARY SYSTEM" This is one of those WOW! moments in history of Iraq...I have been saying this now since the election began that they needed to get out of this parliamentary system as the corrupt use it to their own purposed to circumvent democracy...Sadr wants a majority government but what has changed now in the tone on Iraq is that they are now FINALLY calling for the necessary constitutional changes to make this happen. WOW! Finally!... It is all very good for Iraq!!!
8-2-2022 Newshound Guru Tivon Dissolution puts in place constitutional legislation that the EFSL is based on. Which gives Al-Kazemi full powers to enact laws put on the back burner...the Oil & Gas Law can be passed with a transitional government. We don't care about the IMF/UN...They can not dictate what goes on in the country...
8-2-2022 Newshound Guru Kaperoni ...Guru Mtn Goat keeps talking about the delete the 3 zeros project. We don't want that to happen, that's a currency exchange LOP.
8-2-2022 Intel Guru MarkZ [via PDK] I am getting some good chatter from a contact...They believe something is coming to a resolution in the next 48-72 hours…maybe sooner. They are looking for some key events on Wed or Thurs...
8-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground bank report] FIREFLY: Talked to many bank friends and all of them are saying the rate has been changed on their side so to speak just not known to the public until a government has formed. FRANK: What he means is a second set of books that they can't see. FIREFLY: We don't know if it's going to go back to 1200 or to a rate 1 to 1 internationally but we will know after the government is seated. Sadr says we have made our point.
8-2-2022 Newshound Guru Tivon [Response to Guest Guru Humble1 below] ...It needs to be clear who is officially running the country. Dissolution will make that very apparent...We as investors do not want a the new government...We want an interim which can give us a rate before they sit the new government after the transition period is over...
8-2-2022 Newshound Guru Pimpy For people asking how this [Iraqis protesting] is going to affect our investment it's obvious. If they can't get things settled down. If they can't even form a government and they can't open new avenues of revenue away from oil they're putting themselves in a really bad position and you're not going to see any rate change happen anytime soon until this gets cleared up...
8-2-2022 Intel Guru MarkZ [via PDK] ...on the Iraqi front it’s pretty quiet. They are still working on getting the government sat….it is not done yet. Still getting daily drops from the CBI and Kazemi about rate changes. We know we are extremely close...Do we know its imminent? Yes...Could we be in a 48 hour window? Yes we could. But I am hesitant to pick an exact time...it’s right here and playing out.
8-2-2022 Guest Guru Humble1 Article quote: "Total" company postponed the implementation of its projects until the formation of the new government." ...This is black and white, no ambiguity...obviously something has to change...will that be the past government led by K, or a new CF government, that remains yet to be seen...a seated government represents security and stability what Dr Shabibi said was needed years ago, so to assume things with a rate change can move forward without security and stability is a mistake imo...apparently the CBI is waiting on something, as the EFSL has been in effect now for over a month, with no
change...
8-2-2022 Newshound Guru Walkingstick [via Frank26] Their voices are being heard and their sending their children in to support their prime minister, government and their banks. Somebody caught on. That's the last thing evil needed in Iraq for Iraq to unify itself the way it's doing right now. It's historical. All the citizens of Iraq are fighting for a better life. Will Maliki bring in his militia into the streets and fight against the citizens of Iraq? No...Sadr can call on such a powerful force and Maliki cannot.
8-2-2022 Newshound Guru Samson Article: "In numbers... the central bank's reserves of the dollar and gold revealed" Quote: "the Central Bank owns multiple types of reserves, amounting to more than 160 trillion dinars, including an investment reserve of 60 trillion dinars invested in foreign banks in return for returns and interests...there are reserves of gold estimated at 140 tons, with a value of approximately two trillion dinars,..Central Bank's reserves were less than 50 billion dollars, and now it reached 76 billion dollars, and it will reach 90 billion dollars by the end of this year."
8-2-2022 Intel Guru MarkZ [via PDK] Article: “The Sadrist movement demands Al-Amiri withdraw from the framework: prevent treachery, there is no dialog with those that threaten to kill” It may seem uncertain over there but things are moving in a positive way. This is like disclosure over there…its a good thing. Seeing this happening means things are finally moving forward. This is whats occurring in Iraq right now. They are airing their dirty laundry so people can make informed decisions….and the government can move forward. This is great news…
8-2-2022 Newshound Guru Kaperoni ...Guru Mtn Goat keeps talking about the delete the 3 zeros project. We don't want that to happen, that's a currency exchange LOP.
8-2-2022 Intel Guru MarkZ [via PDK] I am getting some good chatter from a contact...They believe something is coming to a resolution in the next 48-72 hours…maybe sooner. They are looking for some key events on Wed or Thurs...
8-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground bank report] FIREFLY: Talked to many bank friends and all of them are saying the rate has been changed on their side so to speak just not known to the public until a government has formed. FRANK: What he means is a second set of books that they can't see. FIREFLY: We don't know if it's going to go back to 1200 or to a rate 1 to 1 internationally but we will know after the government is seated. Sadr says we have made our point.
8-2-2022 Newshound Guru Tivon [Response to Guest Guru Humble1 below] ...It needs to be clear who is officially running the country. Dissolution will make that very apparent...We as investors do not want a the new government...We want an interim which can give us a rate before they sit the new government after the transition period is over...
8-2-2022 Newshound Guru Pimpy For people asking how this [Iraqis protesting] is going to affect our investment it's obvious. If they can't get things settled down. If they can't even form a government and they can't open new avenues of revenue away from oil they're putting themselves in a really bad position and you're not going to see any rate change happen anytime soon until this gets cleared up...
8-2-2022 Intel Guru MarkZ [via PDK] ...on the Iraqi front it’s pretty quiet. They are still working on getting the government sat….it is not done yet. Still getting daily drops from the CBI and Kazemi about rate changes. We know we are extremely close...Do we know its imminent? Yes...Could we be in a 48 hour window? Yes we could. But I am hesitant to pick an exact time...it’s right here and playing out.
8-2-2022 Guest Guru Humble1 Article quote: "Total" company postponed the implementation of its projects until the formation of the new government." ...This is black and white, no ambiguity...obviously something has to change...will that be the past government led by K, or a new CF government, that remains yet to be seen...a seated government represents security and stability what Dr Shabibi said was needed years ago, so to assume things with a rate change can move forward without security and stability is a mistake imo...apparently the CBI is waiting on something, as the EFSL has been in effect now for over a month, with no
change...
8-2-2022 Newshound Guru Walkingstick [via Frank26] Their voices are being heard and their sending their children in to support their prime minister, government and their banks. Somebody caught on. That's the last thing evil needed in Iraq for Iraq to unify itself the way it's doing right now. It's historical. All the citizens of Iraq are fighting for a better life. Will Maliki bring in his militia into the streets and fight against the citizens of Iraq? No...Sadr can call on such a powerful force and Maliki cannot.
8-2-2022 Newshound Guru Samson Article: "In numbers... the central bank's reserves of the dollar and gold revealed" Quote: "the Central Bank owns multiple types of reserves, amounting to more than 160 trillion dinars, including an investment reserve of 60 trillion dinars invested in foreign banks in return for returns and interests...there are reserves of gold estimated at 140 tons, with a value of approximately two trillion dinars,..Central Bank's reserves were less than 50 billion dollars, and now it reached 76 billion dollars, and it will reach 90 billion dollars by the end of this year."
8-2-2022 Intel Guru MarkZ [via PDK] Article: “The Sadrist movement demands Al-Amiri withdraw from the framework: prevent treachery, there is no dialog with those that threaten to kill” It may seem uncertain over there but things are moving in a positive way. This is like disclosure over there…its a good thing. Seeing this happening means things are finally moving forward. This is whats occurring in Iraq right now. They are airing their dirty laundry so people can make informed decisions….and the government can move forward. This is great news…
8-1-2022 Newshound Guru Walkingstick [via Frank26] How many dinars are there right now outside of their [Iraq] country? Internationally? They don't know. Therefore a slow controlled release, a float, will help control the amount in circulation. Why? To help avoid currency inflation. To avoid stealing. To avoid counterfeiting. To avoid smuggling at the boarders from Iranian politicians that have exchange companies. To avoid Iranian influence.
8-1-2022 Intel Guru MarkZ [via PDK] The protests rising up in Iraq …they are forcing and pushing for seating of the government. There is great support for Al Sadr…even from Shiite factions which is surprising. I am told they could act quickly (Which happens often in Iraqi politics)... They appear “stuck” then something happens like this…and then you suddenly see months of progress happen in 2 hours…I think we are quickly approaching the finish line….
8-1-2022 Newshound Guru Tivon ...where we are now the dates should only imply the obvious as to what we can expect before or after the 15th. Every bank in Iraq doesn't have to be on board by the 15th in order to see a rate change...Everyday is an opportunity. I'm excited for where we are. And it appears the CBI is expecting Al-Kazemi to have something in place before they pull the trigger. IMO
8-1-2022 Newshound Guru Breitling For any country to say that they are going to go digital, it's just a portion of it. It's a part of their money supply. It makes it more efficient. That's it. No body is getting out of paper currency. No body can afford to do that and no body wants to do that. It would completely disrupt business...there's no articles out there that represent that style of economy coming down the road [For Iraq and the dinar].
8-1-2022 Guru Nader From The Mid East You saw the demonstrations ... people dance in the street and happy. Not "happy" - they just wanna be patriot. They want to defend the country. They're tired of living under poverty when the country is really rich...They just don't know what going on. I don't know who's taking the money. I don't know who's cashing the money. It's crazy. All these assets, gas, oil...it's not right. Something is not right.
8-1-2022 Newshound Guru Pimpy The possibility of a civil war breaking out...I said there's a possibility and as this continues to move forward it's starting to look more and more like a possible civil war. You really don't want that. You know my prayers go out to the the Iraqi people who all they want is to live a normal life, their way without government being the issue all the dang time.
8-1-2022 Intel Guru MarkZ [via PDK] ...Kazemi has been all over the news this weekend in articles, tv news clips saying they are ready to restore the dinar rate to its former glory. Not what it was in 2020…but when it was the most valuable currency in the middle east. We don’t know exactly when…but we know its inevitable.
8-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground bank report] FIREFLY: bank guy...says once they have a seated government very soon after that you will see a change in the rate. What it is we don't know, but look for it. FRANK: IMO your bank friend is 100% correct.
8-1-2022 Newshound Guru Sandy Ingram This is getting worse. People...are saying this could explode and could tear Iraq apart. All we know for sure is protests are a very bad thing in Iraq. Now the Al-Sadr group has taken over the parliament building citing no intention of leaving. Article: "Pro-Sadr Protesters Vow To Remain Inside Iraq Parliament" ...the demonstrators announced a sit-in until further notice.
8-1-2022 Newshound/Intel Guru Mnt Goat Article: "A NEW PARLIAMENTARY MOVEMENT TO RESTORE THE PRICE OF THE DOLLAR TO ITS PREVIOUS ERA" I do not believe for a second the CBI is going to restore the exchange rate back to 2020 rate but rather this kind of pressure will quicken the pace to reinstate the dinar and complete the project to delete the zeros. It is all good!
8-1-2022 Intel Guru MarkZ [via PDK] The protests rising up in Iraq …they are forcing and pushing for seating of the government. There is great support for Al Sadr…even from Shiite factions which is surprising. I am told they could act quickly (Which happens often in Iraqi politics)... They appear “stuck” then something happens like this…and then you suddenly see months of progress happen in 2 hours…I think we are quickly approaching the finish line….
8-1-2022 Newshound Guru Tivon ...where we are now the dates should only imply the obvious as to what we can expect before or after the 15th. Every bank in Iraq doesn't have to be on board by the 15th in order to see a rate change...Everyday is an opportunity. I'm excited for where we are. And it appears the CBI is expecting Al-Kazemi to have something in place before they pull the trigger. IMO
8-1-2022 Newshound Guru Breitling For any country to say that they are going to go digital, it's just a portion of it. It's a part of their money supply. It makes it more efficient. That's it. No body is getting out of paper currency. No body can afford to do that and no body wants to do that. It would completely disrupt business...there's no articles out there that represent that style of economy coming down the road [For Iraq and the dinar].
8-1-2022 Guru Nader From The Mid East You saw the demonstrations ... people dance in the street and happy. Not "happy" - they just wanna be patriot. They want to defend the country. They're tired of living under poverty when the country is really rich...They just don't know what going on. I don't know who's taking the money. I don't know who's cashing the money. It's crazy. All these assets, gas, oil...it's not right. Something is not right.
8-1-2022 Newshound Guru Pimpy The possibility of a civil war breaking out...I said there's a possibility and as this continues to move forward it's starting to look more and more like a possible civil war. You really don't want that. You know my prayers go out to the the Iraqi people who all they want is to live a normal life, their way without government being the issue all the dang time.
8-1-2022 Intel Guru MarkZ [via PDK] ...Kazemi has been all over the news this weekend in articles, tv news clips saying they are ready to restore the dinar rate to its former glory. Not what it was in 2020…but when it was the most valuable currency in the middle east. We don’t know exactly when…but we know its inevitable.
8-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground bank report] FIREFLY: bank guy...says once they have a seated government very soon after that you will see a change in the rate. What it is we don't know, but look for it. FRANK: IMO your bank friend is 100% correct.
8-1-2022 Newshound Guru Sandy Ingram This is getting worse. People...are saying this could explode and could tear Iraq apart. All we know for sure is protests are a very bad thing in Iraq. Now the Al-Sadr group has taken over the parliament building citing no intention of leaving. Article: "Pro-Sadr Protesters Vow To Remain Inside Iraq Parliament" ...the demonstrators announced a sit-in until further notice.
8-1-2022 Newshound/Intel Guru Mnt Goat Article: "A NEW PARLIAMENTARY MOVEMENT TO RESTORE THE PRICE OF THE DOLLAR TO ITS PREVIOUS ERA" I do not believe for a second the CBI is going to restore the exchange rate back to 2020 rate but rather this kind of pressure will quicken the pace to reinstate the dinar and complete the project to delete the zeros. It is all good!
7-31-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI talking about new platforms and new technology to
connect internationally...The CBI governor [met] in France meeting with the CB governor there...this will be part of the enhancement of the CBI's new technology going forth internationally around the world. FRANK: Yes...France is launching the Iraqi dinar towards the European theater...not at a program rate. This is very significant.
7-31-2022 Newshound Guru Walkingstick [via Frank26] An international float of the Iraqi dinar will not be less than on par with the USD. Why do I say that? Because I think the 1200 is a bunch of bologna. It came from bologna...the IQD will never commence at a program rate of 1200...it can't happen.
7-31-2022 Newshound Guru Samson Article: "The New York Times: Oil prices may rise to $200 a barrel" Quote: "new sanctions that the European Union and Britain have agreed to impose on Russia by the end of the year are likely to push up oil prices"
7-31-2022 Newshound Guru Jeff At the end of the day Iraq cannot go international if the rate remains below zero...it is a reinstatement. That means put it back to where it was in the $3+ range. Iraq has to put their rate back that's comparable to the region. None of the other middle eastern countries have a rate below zero. Some of the lowest rates in the Middle East are maybe down around where Saudi Arabia is - around a quarter. That's the low side.
7-31-2022 Newshound Guru Tivon ...Purchasing Power for the citizens will come regardless of a new government or budget. Why do you think they have already completed the new salary scale? Because the EFSL covers what? All Contracts & Procedures. Not the GOI. Not the budget. At least for this year.
7-31-2022 Newshound Guru Militiaman Article: "Iraq signs a memorandum of understanding with the United Nations on the digital
transformation project" ...The CBI has hooked up to at least 3 key links to entities within the GOI for communication...It looks like we are in the READY, SET, GO... mode! ...I imagine that the go part would be simultaneously with the FX. We surely can see the writing on the wall now.. imo
7-31-2022 Intel Guru Frank26 Kazemi has been using the new exchange rate IMO all year from the CBI...Kazemi had to tell [the citizens] that there is a new exchange rate... [to] stop the protests...
7-31-2022 Guru Nader From The Mid East I hope it [demonstrations/ protests] stops this week. I hope they come up with a solution...Maliki has a big crowd...who support him so can create a big civil war and that's not good. I hope it doesn't happen. I don't think it's gonna go there. 70% will not happen. The other 30% of chance can happen.
7-31-2022 Newshound Guru Pimpy It appears the crowd might be getting a little bit bigger over there in Iraq as far as the protesters are concerned...you've got a little Battle Royale going on between Sadr and Maliki...people ask me about our investment? What do you think it means? Nothing is going to happen while this is going on. You have to have stability in the country. You have to have stability in the government...this is not a good situation...as long as this continues to go on nothing is going to happen to the Iraqi dinar...
7-31-2022 Intel Guru MarkZ [via PDK] They know how much money is in circulation….We are already figured into the equation for when the currency changes…they have figured in a reasonable rate for currency printed when they change the value…I have had way too many people involved in this that tell me the rates are set…rates are pre-negotiated…everything is all worked out to give you the maximum rates…I believe it...
connect internationally...The CBI governor [met] in France meeting with the CB governor there...this will be part of the enhancement of the CBI's new technology going forth internationally around the world. FRANK: Yes...France is launching the Iraqi dinar towards the European theater...not at a program rate. This is very significant.
7-31-2022 Newshound Guru Walkingstick [via Frank26] An international float of the Iraqi dinar will not be less than on par with the USD. Why do I say that? Because I think the 1200 is a bunch of bologna. It came from bologna...the IQD will never commence at a program rate of 1200...it can't happen.
7-31-2022 Newshound Guru Samson Article: "The New York Times: Oil prices may rise to $200 a barrel" Quote: "new sanctions that the European Union and Britain have agreed to impose on Russia by the end of the year are likely to push up oil prices"
7-31-2022 Newshound Guru Jeff At the end of the day Iraq cannot go international if the rate remains below zero...it is a reinstatement. That means put it back to where it was in the $3+ range. Iraq has to put their rate back that's comparable to the region. None of the other middle eastern countries have a rate below zero. Some of the lowest rates in the Middle East are maybe down around where Saudi Arabia is - around a quarter. That's the low side.
7-31-2022 Newshound Guru Tivon ...Purchasing Power for the citizens will come regardless of a new government or budget. Why do you think they have already completed the new salary scale? Because the EFSL covers what? All Contracts & Procedures. Not the GOI. Not the budget. At least for this year.
7-31-2022 Newshound Guru Militiaman Article: "Iraq signs a memorandum of understanding with the United Nations on the digital
transformation project" ...The CBI has hooked up to at least 3 key links to entities within the GOI for communication...It looks like we are in the READY, SET, GO... mode! ...I imagine that the go part would be simultaneously with the FX. We surely can see the writing on the wall now.. imo
7-31-2022 Intel Guru Frank26 Kazemi has been using the new exchange rate IMO all year from the CBI...Kazemi had to tell [the citizens] that there is a new exchange rate... [to] stop the protests...
7-31-2022 Guru Nader From The Mid East I hope it [demonstrations/ protests] stops this week. I hope they come up with a solution...Maliki has a big crowd...who support him so can create a big civil war and that's not good. I hope it doesn't happen. I don't think it's gonna go there. 70% will not happen. The other 30% of chance can happen.
7-31-2022 Newshound Guru Pimpy It appears the crowd might be getting a little bit bigger over there in Iraq as far as the protesters are concerned...you've got a little Battle Royale going on between Sadr and Maliki...people ask me about our investment? What do you think it means? Nothing is going to happen while this is going on. You have to have stability in the country. You have to have stability in the government...this is not a good situation...as long as this continues to go on nothing is going to happen to the Iraqi dinar...
7-31-2022 Intel Guru MarkZ [via PDK] They know how much money is in circulation….We are already figured into the equation for when the currency changes…they have figured in a reasonable rate for currency printed when they change the value…I have had way too many people involved in this that tell me the rates are set…rates are pre-negotiated…everything is all worked out to give you the maximum rates…I believe it...
7-30-2022 Newshound Guru Samson Article "The United Nations Mission in Iraq calls for calm: the escalation is very worrying"
7-30-2022 Newshound Guru Jeff We're down to a small little window of time for them to revalue the currency. They could do it anytime within the next few weeks...We're very close right now to the rate change...it does not appear to be that far away. Remember this investment is very hard to gauge and pin down because...what we're looking for if for them to form the government...
7-30-2022 Intel Guru Frank26 Article: "How did the Green Zone wake up after the Sadrists stormed?" HOW? WHEN KAZEMI CAME OUT AND TOLD THE CITIZENS STAND BACK I HAVE YOUR NEW EXCHANGE RATE...
7-30-2022 Newshound Guru Tivon Article: "Customs announces the start of the electronic customs declaration" Yesssssssssssss...They are ready for the big leagues. Now they are 100% confident in their new electronic fingerprint. The CBI has already given their deadline. SWIFT gave their deadline. Total, their deadline. This is pretty much a done deal...
7-30-2022 Intel Guru Walkingstick [via Frank26] The protests that happened in the green zone that's what was needed to happen...
7-30-2022 Intel Guru Frank26 We have been waiting and waiting for the announcement of a new government. We see the articles from Kazemi telling us a new government is coming. We even saw where Kazemi said there are three things that we're going to deal with the moment we sit our government and the #1 thing is the exchange rate of our currency...
7-30-2022 Intel Guru MarkZ [via PDK] Out of Iraq we see more “peaceful” protests as they let their voices be heard over the seating of the new government and what they will accept. There had been a backlash a few days ago when the folks were storming the Parliament…I am being told that vote is now scheduled for Monday. I am being told by contacts in the Kurdish region that things look extremely positive...Kazemi is continuing to talk about rate…rates continue to be a conversation in the news. We do not know what the rate is yet…we just know they have it ready when they pull the trigger...We have been told many times by the CBI that they do not need the government to pull the trigger.
7-30-2022 Newshound Guru Kaperoni Article "Protesters in Baghdad took down concrete barricades and moving towards the Green Zone, chanting against the foreign influence on Iraqi politics and calling for dissolution of the parliament."
7-30-2022 Newshound Guru MilitiaMan Article: "Iraq calls for the launch of a common market and a unified agricultural calendar among Arab countries" In other words we are going to bring purchase power with a concerted effort into the region. All will be on the same page with regional trade exchanges. They are using terms like added value and easing costs.. All timed into a calendar. All interlinking at the same time.. imo.. A shoulder to shoulder on the matter...
7-30-2022 Newshound Guru Samson Article: "In Basra.. Demonstrators storm the office of the Iraqi parliament"
7-30-2022 Newshound/Intel Guru Mnt Goat We have seen so many reforms already take place, especially in the banking sector. Iraq is ready to join the WTO and is moving into the final stage. So, we wait for the coordinating framework or the largest parliamentary bloc to submit a request to the parliament presidency to hold a session to pass the President of the Republic...
7-30-2022 Intel Guru Bruce [via WiserNow] ...we have heard from Iraq that certain Airlines flight like Iraqi Air is not allowed to fly internationally, because they don't want the information to leak out until after this is a real thing for Iraq on Saturday. Well guess what? The flights will resume to some of the international markets that they're not serving currently at starting as early as noon - Iraq time on Saturday.
7-30-2022 Newshound Guru Jeff We're down to a small little window of time for them to revalue the currency. They could do it anytime within the next few weeks...We're very close right now to the rate change...it does not appear to be that far away. Remember this investment is very hard to gauge and pin down because...what we're looking for if for them to form the government...
7-30-2022 Intel Guru Frank26 Article: "How did the Green Zone wake up after the Sadrists stormed?" HOW? WHEN KAZEMI CAME OUT AND TOLD THE CITIZENS STAND BACK I HAVE YOUR NEW EXCHANGE RATE...
7-30-2022 Newshound Guru Tivon Article: "Customs announces the start of the electronic customs declaration" Yesssssssssssss...They are ready for the big leagues. Now they are 100% confident in their new electronic fingerprint. The CBI has already given their deadline. SWIFT gave their deadline. Total, their deadline. This is pretty much a done deal...
7-30-2022 Intel Guru Walkingstick [via Frank26] The protests that happened in the green zone that's what was needed to happen...
7-30-2022 Intel Guru Frank26 We have been waiting and waiting for the announcement of a new government. We see the articles from Kazemi telling us a new government is coming. We even saw where Kazemi said there are three things that we're going to deal with the moment we sit our government and the #1 thing is the exchange rate of our currency...
7-30-2022 Intel Guru MarkZ [via PDK] Out of Iraq we see more “peaceful” protests as they let their voices be heard over the seating of the new government and what they will accept. There had been a backlash a few days ago when the folks were storming the Parliament…I am being told that vote is now scheduled for Monday. I am being told by contacts in the Kurdish region that things look extremely positive...Kazemi is continuing to talk about rate…rates continue to be a conversation in the news. We do not know what the rate is yet…we just know they have it ready when they pull the trigger...We have been told many times by the CBI that they do not need the government to pull the trigger.
7-30-2022 Newshound Guru Kaperoni Article "Protesters in Baghdad took down concrete barricades and moving towards the Green Zone, chanting against the foreign influence on Iraqi politics and calling for dissolution of the parliament."
7-30-2022 Newshound Guru MilitiaMan Article: "Iraq calls for the launch of a common market and a unified agricultural calendar among Arab countries" In other words we are going to bring purchase power with a concerted effort into the region. All will be on the same page with regional trade exchanges. They are using terms like added value and easing costs.. All timed into a calendar. All interlinking at the same time.. imo.. A shoulder to shoulder on the matter...
7-30-2022 Newshound Guru Samson Article: "In Basra.. Demonstrators storm the office of the Iraqi parliament"
7-30-2022 Newshound/Intel Guru Mnt Goat We have seen so many reforms already take place, especially in the banking sector. Iraq is ready to join the WTO and is moving into the final stage. So, we wait for the coordinating framework or the largest parliamentary bloc to submit a request to the parliament presidency to hold a session to pass the President of the Republic...
7-30-2022 Intel Guru Bruce [via WiserNow] ...we have heard from Iraq that certain Airlines flight like Iraqi Air is not allowed to fly internationally, because they don't want the information to leak out until after this is a real thing for Iraq on Saturday. Well guess what? The flights will resume to some of the international markets that they're not serving currently at starting as early as noon - Iraq time on Saturday.
7-29-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: This is the second day in a row that the Framework is talking about a change in the exchange rate. They are telling us that a change in the exchange rate is needed...these are the same that told us that we will never have a new exchange rate and then in the last two months they've been telling us no it's only going to go back to the old rate... FRANK: Notice how those that were against the monetary reform are now cheering for it because they know Maliki has no power so they lean in the direction of Kazemi.
7-29-2022 Newshound Guru Clare Article: "A New Parliamentary Movement To Change The Dollar Exchange Rate" Quote: "most of the forces affiliated with the coordination framework are striving, and through the next government, to return the dollar exchange rate to its previous rate."
7-29-2022 Intel Guru MarkZ [via PDK] Right now we are hearing a lot of back and forth out of Iraq on when to expect them to seat the government. What we are hearing is it probably will be Monday. This is the plan I am being told from contacts in the Kurdish region. They are coming to an agreement guys and it is close. We are hearing a lot of back and forth from Iraq as to what to expect rate wise. I am hearing 1 to 1. I am hearing $1.60…these are 2 possible NEER rates (Nominal effective exchange rates)...We are also hearing possible re-instatement of the rate at $3.28 …also revaluation rates at around the $4 mark…its all over the place...You all should be excited watching the conclusion.
7-29-2022 Newshound Guru Walkingstick [via Frank26] The exchange rate is the topic everywhere...in the streets of Iraq. It's everywhere in Iraq...the CBI is meeting with the AMF and showing them proof of sales and specimens. This is all fantastic. The timing couldn't be any better.
7-29-2022 Newshound Guru Breitling Iraq going digital...that means they're going to go international. But it also means that they are going to start getting out from under the U.S. dollar with means they're adding value to their currency. I promise you they are not going to be trading on the Swift system with the Iraqi dinar at a 10th of a penny. That information goes hand in hand with a time-frame/window on when they're going to start adding value to their currency. That's why it's such good news.
7-29-2022 Intel Guru Bruce [via WiserNow] Iraq has been told...when they were asked, Can we put out our new rate on Saturday? The answer was yes. We do finally expect a printed version of the Gazette on Saturday to go out with Hashemi [spelling?] as prime minister and the government - Parliament is seated and we expect it to also mention the new Iraqi dinar international rates. We know the rate internationally is the same as the in country rate for Iraq. We know how much it is already...and we know it will be traded up to that number that Dr Shabibi projected back in...2012...it should exceed it by up to a couple of dollars...I really think we are extremely close...I think there's a good chance we could get notified Saturday morning... we'll see what happens this weekend.
7-29-2022 Newshound Guru MilitiaMan I have this strong feeling at this stage of the game it's not necessarily goodbye because I'm not going anywhere but I feel like it's almost a goodbye because the nature of what we're and how things will roll out. I see this thing coming to short-term crescendo and I have to say I'm very happy to have been able to be here to watch it unfold...
7-29-2022 Newshound Guru Kaperoni ...It is highly unlikely any bank will add the dinar to their exchange program. Iraq is volatile and banks are conservative by nature. There will never be an overnight RV of the dinar so there will be no need to ever go to a bank to "cash out." IMO if the dinar floats it will be gradually over time which means more than likely your dinar investment would have to be deposited into a managed broker. Whether that ends up being some type of brokerage firm, market maker or ECM who knows. We just won't know until Iraq decides.
7-29-2022 Intel Guru MarkZ [via PDK] ...They announced the new rate was coming…but hasn’t occurred yet. In the markets and in the streets they are already starting to demand more money for it…very interesting news coming off the streets over there right now.
7-29-2022 Newshound Guru Petra Kazemi putting icing on the cake saying we change the rate - game over. It's a matter now of timing. But here's the thing that's really important and that is the fact that if he's told the people they can't sit on this. They're can't let it go too long because the people now have expectations...I think we're in a short window here. I think the next several days are going to tell the tale.
7-29-2022 Newshound Guru Jeff They need a new public rate to approve the budget. Once the budget is approved...then they can implement the reforms...They want August and September to be able to approve the budget so they can implement the reforms in their seventh month of October...this is nothing more than a mid-year supplementary budget and a mid-year rate change. [Post 2 of 2]
7-29-2022 Newshound Guru Jeff The formation of the government and the rate change, those two steps are married together. They're gonna RV immediately after they form the government...They're going to implement the reforms roughly 2 to 3 months after they form the government. Why is there a delay between the oil and gas law reforms and the formation of the government? It's because they need 2 to 3 months to fully approve the budget because the budget approval period is waiting on the rate to become public. [Post 1 of 2....stay tuned]
7-29-2022 Newshound Guru Tivon You are in the thick of it now. The information between now and August 7th will be flaming hot. Scorching. What Al-Kazemi did [Announce a new rate is coming] can't be put back in the bag. This boulder is coming down the hill fast.
7-29-2022 Intel Guru Frank26 turns out the Iraqi Citizens...said enough is enough and they stormed the government of Iraq in parliament and told them all where to go... Article: "How did the Green Zone wake up after the Sadrists stormed?" HOW? WHEN KAZEMI CAME OUT AND TOLD THE CITIZENS STAND BACK I HAVE YOUR NEW EXCHANGE RATE...
7-29-2022 Guru Nader From The Mid East About the dinar, when I told you it changed, yes it did changed. It changed on their part, on the offices, on the banks. They didn't stop work with it. Once they Sit the government - one or two weeks later things will change. The price? I don' know. It can be 1200. It can be 1150. It can be 1 to 1. It can be $0.60 to 1. Nobody knows what's the rate.
7-29-2022 Intel Guru MarkZ [via PDK] The big news is from Kazemi. And his announcement that the new rate is coming. He assured the people they heard their voices and a new rate is coming. Kazemi was very specific that we would not see a recent rate…that it would be an older rate…and they would go back to being a premier currency in their area. I am still being told they are in a mad scramble to finish seating the government over the weekend. They will be working over the weekend to get one sat. I am feeling pretty confident this time that we will see some massive movement over the next few days. That Kazemi announcement is huge...
7-29-2022 Newshound Guru Clare Article: "A New Parliamentary Movement To Change The Dollar Exchange Rate" Quote: "most of the forces affiliated with the coordination framework are striving, and through the next government, to return the dollar exchange rate to its previous rate."
7-29-2022 Intel Guru MarkZ [via PDK] Right now we are hearing a lot of back and forth out of Iraq on when to expect them to seat the government. What we are hearing is it probably will be Monday. This is the plan I am being told from contacts in the Kurdish region. They are coming to an agreement guys and it is close. We are hearing a lot of back and forth from Iraq as to what to expect rate wise. I am hearing 1 to 1. I am hearing $1.60…these are 2 possible NEER rates (Nominal effective exchange rates)...We are also hearing possible re-instatement of the rate at $3.28 …also revaluation rates at around the $4 mark…its all over the place...You all should be excited watching the conclusion.
7-29-2022 Newshound Guru Walkingstick [via Frank26] The exchange rate is the topic everywhere...in the streets of Iraq. It's everywhere in Iraq...the CBI is meeting with the AMF and showing them proof of sales and specimens. This is all fantastic. The timing couldn't be any better.
7-29-2022 Newshound Guru Breitling Iraq going digital...that means they're going to go international. But it also means that they are going to start getting out from under the U.S. dollar with means they're adding value to their currency. I promise you they are not going to be trading on the Swift system with the Iraqi dinar at a 10th of a penny. That information goes hand in hand with a time-frame/window on when they're going to start adding value to their currency. That's why it's such good news.
7-29-2022 Intel Guru Bruce [via WiserNow] Iraq has been told...when they were asked, Can we put out our new rate on Saturday? The answer was yes. We do finally expect a printed version of the Gazette on Saturday to go out with Hashemi [spelling?] as prime minister and the government - Parliament is seated and we expect it to also mention the new Iraqi dinar international rates. We know the rate internationally is the same as the in country rate for Iraq. We know how much it is already...and we know it will be traded up to that number that Dr Shabibi projected back in...2012...it should exceed it by up to a couple of dollars...I really think we are extremely close...I think there's a good chance we could get notified Saturday morning... we'll see what happens this weekend.
7-29-2022 Newshound Guru MilitiaMan I have this strong feeling at this stage of the game it's not necessarily goodbye because I'm not going anywhere but I feel like it's almost a goodbye because the nature of what we're and how things will roll out. I see this thing coming to short-term crescendo and I have to say I'm very happy to have been able to be here to watch it unfold...
7-29-2022 Newshound Guru Kaperoni ...It is highly unlikely any bank will add the dinar to their exchange program. Iraq is volatile and banks are conservative by nature. There will never be an overnight RV of the dinar so there will be no need to ever go to a bank to "cash out." IMO if the dinar floats it will be gradually over time which means more than likely your dinar investment would have to be deposited into a managed broker. Whether that ends up being some type of brokerage firm, market maker or ECM who knows. We just won't know until Iraq decides.
7-29-2022 Intel Guru MarkZ [via PDK] ...They announced the new rate was coming…but hasn’t occurred yet. In the markets and in the streets they are already starting to demand more money for it…very interesting news coming off the streets over there right now.
7-29-2022 Newshound Guru Petra Kazemi putting icing on the cake saying we change the rate - game over. It's a matter now of timing. But here's the thing that's really important and that is the fact that if he's told the people they can't sit on this. They're can't let it go too long because the people now have expectations...I think we're in a short window here. I think the next several days are going to tell the tale.
7-29-2022 Newshound Guru Jeff They need a new public rate to approve the budget. Once the budget is approved...then they can implement the reforms...They want August and September to be able to approve the budget so they can implement the reforms in their seventh month of October...this is nothing more than a mid-year supplementary budget and a mid-year rate change. [Post 2 of 2]
7-29-2022 Newshound Guru Jeff The formation of the government and the rate change, those two steps are married together. They're gonna RV immediately after they form the government...They're going to implement the reforms roughly 2 to 3 months after they form the government. Why is there a delay between the oil and gas law reforms and the formation of the government? It's because they need 2 to 3 months to fully approve the budget because the budget approval period is waiting on the rate to become public. [Post 1 of 2....stay tuned]
7-29-2022 Newshound Guru Tivon You are in the thick of it now. The information between now and August 7th will be flaming hot. Scorching. What Al-Kazemi did [Announce a new rate is coming] can't be put back in the bag. This boulder is coming down the hill fast.
7-29-2022 Intel Guru Frank26 turns out the Iraqi Citizens...said enough is enough and they stormed the government of Iraq in parliament and told them all where to go... Article: "How did the Green Zone wake up after the Sadrists stormed?" HOW? WHEN KAZEMI CAME OUT AND TOLD THE CITIZENS STAND BACK I HAVE YOUR NEW EXCHANGE RATE...
7-29-2022 Guru Nader From The Mid East About the dinar, when I told you it changed, yes it did changed. It changed on their part, on the offices, on the banks. They didn't stop work with it. Once they Sit the government - one or two weeks later things will change. The price? I don' know. It can be 1200. It can be 1150. It can be 1 to 1. It can be $0.60 to 1. Nobody knows what's the rate.
7-29-2022 Intel Guru MarkZ [via PDK] The big news is from Kazemi. And his announcement that the new rate is coming. He assured the people they heard their voices and a new rate is coming. Kazemi was very specific that we would not see a recent rate…that it would be an older rate…and they would go back to being a premier currency in their area. I am still being told they are in a mad scramble to finish seating the government over the weekend. They will be working over the weekend to get one sat. I am feeling pretty confident this time that we will see some massive movement over the next few days. That Kazemi announcement is huge...
7-28-2022 Newshound/Intel Guru RVAlready It is not the same old story. We are now pretty sure that the CBI is ready to push the button. They will do so as soon as parliament votes in a new president of the republic. In other words, we may be days away from the RV.
7-28-2022 Newshound/Intel Guru Mnt Goat Moving into August already. What will August bring us? There must be a breakthrough soon on the formation of the new govt in Iraq. Already they are saying this election process has hit a Guiness book of world records on the longest. But we all should know by now what the real cause of the delay is really all about. It is about corruption...Can they finally destroy Nori al-Maliki and rid Iraq of him...once and for all?
7-28-2022 Intel Guru MarkZ [via PDK] This is what’s going on...are...[they] rioting? No, they look pretty excited about all the changes. We are getting more and more stories from Iraq that they are moving forward quickly. The latest rumor I have...I have not been able to confirm yet…but the rumor is the rate is $3.28 US on the streets there right now…I do not know if this is accurate as we watch this play out. The dinar for oil program should net us more…we are definitely keeping our eyes on it. By the time Kuwait hit this point, the point where we found out about it with a solid trading on forex was 10 days…I do not think it will take that long for Iraq. Things appear to be moving at a compressed pace right now...
7-28-2022 Newshound Guru Jeff ...The dinar has not changed. It remains...1460. That's where it's remained since it was devalued in December 20, 2020. No change has occurred. It remains the same...the banks have to price everything off of the CBI. The CBI is the mother source in this. This is where everything starts against the currency...the rate has not changed. [NOTE: You can always see the official CBI rate in left column of this page.]
7-28-2022 Newshound Guru Militiaman I'm a little bit numb. I pinched myself a couple time because at this stage of the game it may not be terribly surprising but this it's surprising because it's actually here. We're seeing the results of all the things we've been talking about come to fruition. Things that we never even thought of are happening...it's time to give them what they need and show them a new exchange rate...
7-28-2022 Newshound Guru Petra This is great news [Kazemi announcing to citizens a new exchange rate is coming]. I don't know how to respond. It's exciting. It's good. It's something we've all been waiting for for quite some time...
7-28-2022 Newshound Guru Pimpy I had a feeling this was coming in this direction...A revolution is when the people rise up against the government. A civil war is when the country is divided in half - it's people - and they don't agree on the same thing... [they] decide to duke it out but you use guns...it looks like a revolution might be starting over there in Iraq.
7-28-2022 Newshound Guru Samson Article: "After his supporters stormed parliament, Muqtada al-Sadr: Your message has arrived and you have terrified the corrupt"
7-28-2022 Intel Guru Frank26 Frank: ...Kazemi decided to tell you the truth today that there is a change in your exchange rate. That you are going to be receiving new small category notes very soon. It was his desperate way to calm you down...these are exciting days for your country... [Post 2 of 2]
7-28-2022 IntelGuru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All hell has broken loose here in the green zone because who they're trying to name as a prime minister...Kazemi did come on and say after the protesters stormed that the 1190 to 1460 was wrong and he said...the rate has been changed. But we don't know what it's been changed to or what or when can see this. They have been working on it they tell us for a long time. They say it's coming. [Post 1 of 2....stay tuned]
7-28-2022 Intel Guru Bruce [via WiserNow] This is coming down to the wire. Literally, we were told we were in the last 10 yards of a marathon and I believe that's going to be the case...the indication is very good for this to finally come to fruition - and we're just going to believe that there's nothing else that would keep this from going -that everything is clear - all systems go - everything is all lined up for us... the dinar is done. Rates are very, very good...I'm excited about where we sit right now.
7-28-2022 Newshound Guru Sandy Ingram Iraqi protesters broke into the parliament denouncing the nomination of the new Iraqi prime minister on Wednesday. Al-Sadr told protesters at the parliament building that their message had been received and that they should return home.
7-28-2022 Guru Nader From The Mid East The Iraqi dinar has been changed in banks. They didn't launch it yet. They're gonna launch it soon I hope. They've been working on it. Kazemi come out this morning and says whomever made the decision to change the dinar exchange rate from 1190 to 1460 is wrong and now he's gonna change it. How much? I don't know. I have no idea how much. But I know it has been changed. That's what he said in the video.
7-28-2022 Intel Guru MarkZ [via PDK] Iraq did not expect it to leak the way it did. To roll out of country the way it did. My guess is this will force things to happen quickly now guys. We are hearing very positive things…give it a few days to roll out. Buckle up…I am told it could take a few days before we get our changes in value…or redemptions...We do not know how long it will take to play out right now…but, that it is playing out now should have you excited. I was told it could take up to 10 days to get to our level…worse case…but I expect it much sooner. [post 2 of 2]
7-28-2022 Intel Guru MarkZ [via PDK] We are going to need to be calm…things are happening…this may take a few days to roll out to you and I…In iraq I don’t think they meant for things to move forward like this…. I don’t think they expected people to be this excited about the changes...to storm palaces and parliament...These are not upset folks…they are partying and laughing and dancing…very excited…in all the parliament, CBI, government buildings…It has turned into quite an event in Iraq... [post 1 of 2....stay tuned]
7-28-2022 Newshound/Intel Guru Mnt Goat Moving into August already. What will August bring us? There must be a breakthrough soon on the formation of the new govt in Iraq. Already they are saying this election process has hit a Guiness book of world records on the longest. But we all should know by now what the real cause of the delay is really all about. It is about corruption...Can they finally destroy Nori al-Maliki and rid Iraq of him...once and for all?
7-28-2022 Intel Guru MarkZ [via PDK] This is what’s going on...are...[they] rioting? No, they look pretty excited about all the changes. We are getting more and more stories from Iraq that they are moving forward quickly. The latest rumor I have...I have not been able to confirm yet…but the rumor is the rate is $3.28 US on the streets there right now…I do not know if this is accurate as we watch this play out. The dinar for oil program should net us more…we are definitely keeping our eyes on it. By the time Kuwait hit this point, the point where we found out about it with a solid trading on forex was 10 days…I do not think it will take that long for Iraq. Things appear to be moving at a compressed pace right now...
7-28-2022 Newshound Guru Jeff ...The dinar has not changed. It remains...1460. That's where it's remained since it was devalued in December 20, 2020. No change has occurred. It remains the same...the banks have to price everything off of the CBI. The CBI is the mother source in this. This is where everything starts against the currency...the rate has not changed. [NOTE: You can always see the official CBI rate in left column of this page.]
7-28-2022 Newshound Guru Militiaman I'm a little bit numb. I pinched myself a couple time because at this stage of the game it may not be terribly surprising but this it's surprising because it's actually here. We're seeing the results of all the things we've been talking about come to fruition. Things that we never even thought of are happening...it's time to give them what they need and show them a new exchange rate...
7-28-2022 Newshound Guru Petra This is great news [Kazemi announcing to citizens a new exchange rate is coming]. I don't know how to respond. It's exciting. It's good. It's something we've all been waiting for for quite some time...
7-28-2022 Newshound Guru Pimpy I had a feeling this was coming in this direction...A revolution is when the people rise up against the government. A civil war is when the country is divided in half - it's people - and they don't agree on the same thing... [they] decide to duke it out but you use guns...it looks like a revolution might be starting over there in Iraq.
7-28-2022 Newshound Guru Samson Article: "After his supporters stormed parliament, Muqtada al-Sadr: Your message has arrived and you have terrified the corrupt"
7-28-2022 Intel Guru Frank26 Frank: ...Kazemi decided to tell you the truth today that there is a change in your exchange rate. That you are going to be receiving new small category notes very soon. It was his desperate way to calm you down...these are exciting days for your country... [Post 2 of 2]
7-28-2022 IntelGuru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All hell has broken loose here in the green zone because who they're trying to name as a prime minister...Kazemi did come on and say after the protesters stormed that the 1190 to 1460 was wrong and he said...the rate has been changed. But we don't know what it's been changed to or what or when can see this. They have been working on it they tell us for a long time. They say it's coming. [Post 1 of 2....stay tuned]
7-28-2022 Intel Guru Bruce [via WiserNow] This is coming down to the wire. Literally, we were told we were in the last 10 yards of a marathon and I believe that's going to be the case...the indication is very good for this to finally come to fruition - and we're just going to believe that there's nothing else that would keep this from going -that everything is clear - all systems go - everything is all lined up for us... the dinar is done. Rates are very, very good...I'm excited about where we sit right now.
7-28-2022 Newshound Guru Sandy Ingram Iraqi protesters broke into the parliament denouncing the nomination of the new Iraqi prime minister on Wednesday. Al-Sadr told protesters at the parliament building that their message had been received and that they should return home.
7-28-2022 Guru Nader From The Mid East The Iraqi dinar has been changed in banks. They didn't launch it yet. They're gonna launch it soon I hope. They've been working on it. Kazemi come out this morning and says whomever made the decision to change the dinar exchange rate from 1190 to 1460 is wrong and now he's gonna change it. How much? I don't know. I have no idea how much. But I know it has been changed. That's what he said in the video.
7-28-2022 Intel Guru MarkZ [via PDK] Iraq did not expect it to leak the way it did. To roll out of country the way it did. My guess is this will force things to happen quickly now guys. We are hearing very positive things…give it a few days to roll out. Buckle up…I am told it could take a few days before we get our changes in value…or redemptions...We do not know how long it will take to play out right now…but, that it is playing out now should have you excited. I was told it could take up to 10 days to get to our level…worse case…but I expect it much sooner. [post 2 of 2]
7-28-2022 Intel Guru MarkZ [via PDK] We are going to need to be calm…things are happening…this may take a few days to roll out to you and I…In iraq I don’t think they meant for things to move forward like this…. I don’t think they expected people to be this excited about the changes...to storm palaces and parliament...These are not upset folks…they are partying and laughing and dancing…very excited…in all the parliament, CBI, government buildings…It has turned into quite an event in Iraq... [post 1 of 2....stay tuned]
7-27-2022 Newshound Guru Breitling Question: 'If they turn the dinar digital is there a chance there won't be an exchange process and we'll be blocked out of the opportunity?' It doesn't work that way. Iraq is not going to get rid of their paper currency...for Iraq to say they're going to have a very small portion of their currency to go digital that means they would be trading on the international platforms...That's very very good news for us. That's why those article are coming out.
7-27-2022 Newshound Guru Clare Article "Detailed statement..Finance announces 25 achievements in implementing the white paper" VERY IMPRESSIVE! IRAQ SURE HAS COME A LONG WAY WITH THE RIGHT PM ...AND THAT IS KAZEMI! IMO...
7-27-2022 Newshound Guru Jeff Article "Issuance of a late budget law is better than the end of the fiscal year without it" There has been a reasonable amount of gurus that have stated that Iraq will not do any budget at all and that's going to do just the Food and Security Law. That can't happen...
7-27-2022 Newshound Guru Kaperoni The plan from the IMF for the Iraqi dinar was stated in 2013 in the IMF Article IV Consultation. It encouraged Iraq to create the conditions (pass laws, encourage investment, etc.) Then float the dinar allowing a gradual appreciation based on sound principles, economic growth.
7-27-2022 Newshound Guru Walkingstick [via Frank26] They are ready. There are no restrictions on their currency. The currency is convertible international and more than anything else the WTO knows this and so does the international world.
7-27-2022 Intel Guru Frank26 IT IS OUR OPINION/RUMOR/ SCUTTLEBUTT ... LAST WEDS, 2 FIRM GUYS, IMO, ARE IN THE ME RIGHT NOW MEETING WITH THE ARAB MONETARY FUND IN A CLOSED MTG. WITH THE CBI, WHO WILL SHOW AT THIS MTG. THE PROOF NOTES.
7-27-2022 Intel Guru MarkZ [via PDK] Article: “An official letter from the framework to parliament that sets the date for the election of the President of the Republic” SATURDAY guys…you will go to sleep Friday night and then Boom…we are hearing that is when things are supposed to start moving forward in Iraq. I am hearing this from 3 of my Iraqi contacts. I believe this is most likely accurate. There may be a lot of excitement in the up- coming days or week or so…at least we should have a better idea of what to expect timing wise once they get through this on Saturday.
7-27-2022 Newshound Guru Sandy Ingram ...If the adjustment of the currency occurs...you will have 30 days to set up a legal tax protection plan. If you fail to do so you could end up paying up to 35% of your profits in taxes including state and federal taxes. Are you prepared to give the U.S. government close to $35,000 out of $100,000 with little to no way to get a refund for any of the $35,000? ...the moment you earn a profit it the moment you owe taxes... [NOTE: At the appropriate time consult your tax professionals for the best tax strategies for your unique situation.]
7-27-2022 Newshound Guru MilitiaMan Article: "The General Secretariat sets the ceiling for the salaries of lecturers and workers within the Food Security Law" It looks like they are doing what the Prime minister ordered them to do. While they adjust salaries, etc., they are going to restore the Dollar exchange rate to what is was in a previous era. Hence the need to adjust the rates at which they pay out...
7-27-2022 Newshound Guru Samson Article: "A new parliamentary movement to restore the price of the dollar to its previous era" Quote: "lowering the dollar exchange rate should be a priority for the next government,”
7-27-2022 Newshound Guru Jeff Article: "The framework called for holding a session next Saturday to elect the President of the Republic" You know the major important step we're looking to see is that government formed...I don't know how true [this article] is. We'll know by Friday the credibility of this...
7-27-2022 Newshound/Intel Guru Mnt Goat Article: "AN IRAQI OFFICIAL REVEALS THE AXES OF MONETARY POLICY TO CONFRONT INFLATIONARY PRICES" As long as they continue down this road of not allowing the outside to invest in Iraq and superficially holding back the currency from its true VALUE and thus reflect it in the RATE they will continue to have these inflationary crises after crises.
7-27-2022 Newshound Guru Clare Article "Detailed statement..Finance announces 25 achievements in implementing the white paper" VERY IMPRESSIVE! IRAQ SURE HAS COME A LONG WAY WITH THE RIGHT PM ...AND THAT IS KAZEMI! IMO...
7-27-2022 Newshound Guru Jeff Article "Issuance of a late budget law is better than the end of the fiscal year without it" There has been a reasonable amount of gurus that have stated that Iraq will not do any budget at all and that's going to do just the Food and Security Law. That can't happen...
7-27-2022 Newshound Guru Kaperoni The plan from the IMF for the Iraqi dinar was stated in 2013 in the IMF Article IV Consultation. It encouraged Iraq to create the conditions (pass laws, encourage investment, etc.) Then float the dinar allowing a gradual appreciation based on sound principles, economic growth.
7-27-2022 Newshound Guru Walkingstick [via Frank26] They are ready. There are no restrictions on their currency. The currency is convertible international and more than anything else the WTO knows this and so does the international world.
7-27-2022 Intel Guru Frank26 IT IS OUR OPINION/RUMOR/ SCUTTLEBUTT ... LAST WEDS, 2 FIRM GUYS, IMO, ARE IN THE ME RIGHT NOW MEETING WITH THE ARAB MONETARY FUND IN A CLOSED MTG. WITH THE CBI, WHO WILL SHOW AT THIS MTG. THE PROOF NOTES.
7-27-2022 Intel Guru MarkZ [via PDK] Article: “An official letter from the framework to parliament that sets the date for the election of the President of the Republic” SATURDAY guys…you will go to sleep Friday night and then Boom…we are hearing that is when things are supposed to start moving forward in Iraq. I am hearing this from 3 of my Iraqi contacts. I believe this is most likely accurate. There may be a lot of excitement in the up- coming days or week or so…at least we should have a better idea of what to expect timing wise once they get through this on Saturday.
7-27-2022 Newshound Guru Sandy Ingram ...If the adjustment of the currency occurs...you will have 30 days to set up a legal tax protection plan. If you fail to do so you could end up paying up to 35% of your profits in taxes including state and federal taxes. Are you prepared to give the U.S. government close to $35,000 out of $100,000 with little to no way to get a refund for any of the $35,000? ...the moment you earn a profit it the moment you owe taxes... [NOTE: At the appropriate time consult your tax professionals for the best tax strategies for your unique situation.]
7-27-2022 Newshound Guru MilitiaMan Article: "The General Secretariat sets the ceiling for the salaries of lecturers and workers within the Food Security Law" It looks like they are doing what the Prime minister ordered them to do. While they adjust salaries, etc., they are going to restore the Dollar exchange rate to what is was in a previous era. Hence the need to adjust the rates at which they pay out...
7-27-2022 Newshound Guru Samson Article: "A new parliamentary movement to restore the price of the dollar to its previous era" Quote: "lowering the dollar exchange rate should be a priority for the next government,”
7-27-2022 Newshound Guru Jeff Article: "The framework called for holding a session next Saturday to elect the President of the Republic" You know the major important step we're looking to see is that government formed...I don't know how true [this article] is. We'll know by Friday the credibility of this...
7-27-2022 Newshound/Intel Guru Mnt Goat Article: "AN IRAQI OFFICIAL REVEALS THE AXES OF MONETARY POLICY TO CONFRONT INFLATIONARY PRICES" As long as they continue down this road of not allowing the outside to invest in Iraq and superficially holding back the currency from its true VALUE and thus reflect it in the RATE they will continue to have these inflationary crises after crises.
7-26-2022 Newshound Guru MilitiaMan The CBI is ready as they will ever be to change the exchange rate. They have told us that the starting point for the Iraq Banking sector for Europe will be in France. Not the exclusive point but the starting point...Halabousi, Saleh and Kahdimi...[If] they tell us that they have the three in power and are to stay, then the CBI will likely finish the game within nano seconds around the world out of Europe. TIming... Exposure... Activation... All are about to show the world Iraq is back..
7-26-2022 Intel Guru MarkZ [via PDK] Iraq is still hopeful they will have the government sat by the weekend or very early next week….and I think that is when we will see them move forward.
7-26-2022 Guru Nader From The Mid East I said there it is, it's happening. That means it's impressive. It'll happen now. It's gonna go fast now. It's gonna happen fast. We counter from here to October. They have to set up a government and have to apply for a lot of things, especially Forex. It have to be in Forex...Keep safe. Keep grounded. It's coming up...
7-26-2022 Newshound Guru Kaperoni The truth is until Iraq puts the correct government in place that is motivated to pass laws, create significant economic growth, encourage investment and diversifies away from oil there'll be no change in the exchange rate.
7-26-2022 Newshound Guru Jeff Mark my words once they start voting on the president they're going to change the rate very shortly after probably within a week. It will be very close in time. They only need about a week to form the government...
7-26-2022 Intel Guru MarkZ [via PDK] ...it’s been very quiet on the redemption front. They are all in position and waiting for the event to occur. There is a lot of back and forth on what folks think that trigger is. Some think there is no trigger and we are just waiting for optics to play out in Iraq. We don’t know. What we do know is they are expecting it at any moment. I was told by some exceptionally good contacts that we are extremely close...
7-26-2022 Newshound Guru Pimpy Article: "Advisor to the Prime Minister determines one option to reduce the dollar exchange..." When they say reduce the dollar exchange what they're talking about is reducing the dollar's value against the Iraqi dinar which is the right direction...
7-26-2022 Newshound Guru Petra Article: "3 conditions presented by al-Sadr to reconcile with al-Maliki.. Get to know them". Sadr just laid down the gauntlet! Think of it, he sends these 3 requirements to Maliki (and the citizens of Iraq) for him to step up and face the judiciary for all the crimes he has purported to have committed. If he does not, then in all the eyes of the people and their justice system, he is considered guilty...What a brilliant chess move by Sadr...
7-26-2022 Intel Guru Frank26 A paradigm shift has occurred with [Iraq boots-on-the-ground FIREFLY] and the citizens of Iraq. They are no longer vulnerable. They are no longer sitting and moping, 'Oh, Maliki is taking over. Oh, Iran is going to take over.' No. They are fighting and they are ready to fight to protect their country and the CBI...
7-26-2022 Intel Guru MarkZ [via PDK] ...in Iraq big contracts from France and abroad have been restructured because the payment process is supposed to be changed…and a change in value. They are adjusting a lot of contracts…this has already started...I have a contractor friend over in Iraq that had to renegotiate their contract because of the rate changes… This will tell you they are preparing right now for this thing to happen. I am downright excited about it.
7-26-2022 Newshound Guru Jeff Article: "A deputy Sets The Date For The Election Of The Presidents Of The Republic And The Government" They're bundling the election of the president and the Prim Minister together. They only need about a week to complete both of these steps...Why one week? So they can revalue immediately after they do them that's why...
7-26-2022 Intel Guru MarkZ [via PDK] Iraq is still hopeful they will have the government sat by the weekend or very early next week….and I think that is when we will see them move forward.
7-26-2022 Guru Nader From The Mid East I said there it is, it's happening. That means it's impressive. It'll happen now. It's gonna go fast now. It's gonna happen fast. We counter from here to October. They have to set up a government and have to apply for a lot of things, especially Forex. It have to be in Forex...Keep safe. Keep grounded. It's coming up...
7-26-2022 Newshound Guru Kaperoni The truth is until Iraq puts the correct government in place that is motivated to pass laws, create significant economic growth, encourage investment and diversifies away from oil there'll be no change in the exchange rate.
7-26-2022 Newshound Guru Jeff Mark my words once they start voting on the president they're going to change the rate very shortly after probably within a week. It will be very close in time. They only need about a week to form the government...
7-26-2022 Intel Guru MarkZ [via PDK] ...it’s been very quiet on the redemption front. They are all in position and waiting for the event to occur. There is a lot of back and forth on what folks think that trigger is. Some think there is no trigger and we are just waiting for optics to play out in Iraq. We don’t know. What we do know is they are expecting it at any moment. I was told by some exceptionally good contacts that we are extremely close...
7-26-2022 Newshound Guru Pimpy Article: "Advisor to the Prime Minister determines one option to reduce the dollar exchange..." When they say reduce the dollar exchange what they're talking about is reducing the dollar's value against the Iraqi dinar which is the right direction...
7-26-2022 Newshound Guru Petra Article: "3 conditions presented by al-Sadr to reconcile with al-Maliki.. Get to know them". Sadr just laid down the gauntlet! Think of it, he sends these 3 requirements to Maliki (and the citizens of Iraq) for him to step up and face the judiciary for all the crimes he has purported to have committed. If he does not, then in all the eyes of the people and their justice system, he is considered guilty...What a brilliant chess move by Sadr...
7-26-2022 Intel Guru Frank26 A paradigm shift has occurred with [Iraq boots-on-the-ground FIREFLY] and the citizens of Iraq. They are no longer vulnerable. They are no longer sitting and moping, 'Oh, Maliki is taking over. Oh, Iran is going to take over.' No. They are fighting and they are ready to fight to protect their country and the CBI...
7-26-2022 Intel Guru MarkZ [via PDK] ...in Iraq big contracts from France and abroad have been restructured because the payment process is supposed to be changed…and a change in value. They are adjusting a lot of contracts…this has already started...I have a contractor friend over in Iraq that had to renegotiate their contract because of the rate changes… This will tell you they are preparing right now for this thing to happen. I am downright excited about it.
7-26-2022 Newshound Guru Jeff Article: "A deputy Sets The Date For The Election Of The Presidents Of The Republic And The Government" They're bundling the election of the president and the Prim Minister together. They only need about a week to complete both of these steps...Why one week? So they can revalue immediately after they do them that's why...
7-25-2022 Intel Guru MarkZ [via PDK] Redemption folks have no idea what to expect as of this point. Everything is up in the air and fluid. ...everything is very fluid…it could happen in 2 minutes…it could happen in days…We do not know. Remember- seeing news all over the place is what we expected at the end.
7-25-2022 Newshound Guru Breitling Remember they got to compete within their region so they're not going to have a currency that's above everybody else's...the average value of the currencies in the Middle East I think it's like $0.40 to $0.50. So what do they want to do? They want to be able to compete in the region and at the same time grow in other markets and that's why I say that they'll start off at $0.50/$0.60 because they can afford that. [Post 2 of 2]
7-25-2022 Newshound Guru Breitling Question: "You mentioned a potential value to come in between $0.55 to $0.65...but a lot has changed - the price of oil has gone up, their coffers are getting full, they paid off debt. Wouldn't that lend support for a higher rate as well? Up to $1.17?" No...its value is how many customers do they have. How much dinar do they have out there. And how many times is it being used... [Post 1 of 2....stay tuned]
7-25-2022 Newshound Guru Kaperoni Guru Tivon is telling...that an RV is in the emergency support law. Well I translated it a week or so ago when it was published...there is no such talk of any RV.
7-25-2022 Newshound Guru Walkingstick [via Frank26] Question: "What if they come out at 1200?" That would be better. They could come out at $1.20 to 1...Remember, they are going to unpeg from the American dollar. It won't be 1 to 1. It won't be $1.20 to 1. It will be whatever rate they come out at. And it is going to have to be recalculated on a daily basis...
7-25-2022 Newshound Guru Militiaman ...The government in place that is Halabousi, Saleh and Kahdimi can, are and will continue in the present state of affairs. The back and forth about seating of the government now is looking to be more folly than anything else...The present government is legal and can do day to day business... They have the authority all taken care of or the deals with FRANCE would not have been done..imo.. TIMING..
7-25-2022 Newshound Guru Pimpy What is it 9 months later and there's still no government. Nope not at all. What do we see every week? We see the same thing - the Coordinating Framework promising what? That they will have a quorum and they will elect the president and the Prime Minister...[new] elections are coming I have a feeling no matter what...
7-25-2022 Guru Nader From The Mid East The starting point in Europe will be Paris, in the United States we don't know. Asia, we don't know because they ain't put anywhere...over here [US] I think it's going to be New York or Miami we'll see...you don't have to travel anywhere...you just stay here then you change your dinar...
7-25-2022 Intel Guru MarkZ [via PDK] ...There is still a tremendous amount of chatter out of Iraq. They are still moving forward with renegotiating rates and contractors...one of the specific contracts of course is the $27 Billion dollar Total Contract from France. They had finished the deal in dollars and now are re- negotiating it to be paid in dinar. ...We know we are watching it roll out. We know we are seeing rate change conversations in Iraq…We know banks are positioning…
7-25-2022 Newshound Guru Clare Article: "Central Bank: Paris will be the starting point of the Iraqi banking sector towards Europe"
7-25-2022 Newshound Guru Jeff Kazemi will be reinstated two terms for Prime Minister. Look for him to be reinstated on a Saturday.
7-25-2022 Newshound/Intel Guru Mnt Goat We already know the VALUE is not reflected in the RATE of the IQD as alone oil revenues
along with the other assets such as minerals, gold, etc, would surely bring the IQD way over $3 never mind the current 1/6 of penny. So, if you are still waiting for Iraq to turn totally capitalistic and build an enormous economy don’t hold your breath, this is not how it going to happen.
7-25-2022 Newshound Guru Walkingstick [via Frank26] IOO the WTO obviously knows when the CBI will give the GOI the new exchange rate...why...? Because as a member of the WTO their currency must be convertible with no restrictions. This is the law of the WTO and you are seeing it displayed right before your eyes... therefore IMO the new exchange rate...[is] soon to be released and used inside of Iraq by the citizens of Iraq and out of Iraq beyond their boarders...
7-25-2022 Newshound Guru Breitling Remember they got to compete within their region so they're not going to have a currency that's above everybody else's...the average value of the currencies in the Middle East I think it's like $0.40 to $0.50. So what do they want to do? They want to be able to compete in the region and at the same time grow in other markets and that's why I say that they'll start off at $0.50/$0.60 because they can afford that. [Post 2 of 2]
7-25-2022 Newshound Guru Breitling Question: "You mentioned a potential value to come in between $0.55 to $0.65...but a lot has changed - the price of oil has gone up, their coffers are getting full, they paid off debt. Wouldn't that lend support for a higher rate as well? Up to $1.17?" No...its value is how many customers do they have. How much dinar do they have out there. And how many times is it being used... [Post 1 of 2....stay tuned]
7-25-2022 Newshound Guru Kaperoni Guru Tivon is telling...that an RV is in the emergency support law. Well I translated it a week or so ago when it was published...there is no such talk of any RV.
7-25-2022 Newshound Guru Walkingstick [via Frank26] Question: "What if they come out at 1200?" That would be better. They could come out at $1.20 to 1...Remember, they are going to unpeg from the American dollar. It won't be 1 to 1. It won't be $1.20 to 1. It will be whatever rate they come out at. And it is going to have to be recalculated on a daily basis...
7-25-2022 Newshound Guru Militiaman ...The government in place that is Halabousi, Saleh and Kahdimi can, are and will continue in the present state of affairs. The back and forth about seating of the government now is looking to be more folly than anything else...The present government is legal and can do day to day business... They have the authority all taken care of or the deals with FRANCE would not have been done..imo.. TIMING..
7-25-2022 Newshound Guru Pimpy What is it 9 months later and there's still no government. Nope not at all. What do we see every week? We see the same thing - the Coordinating Framework promising what? That they will have a quorum and they will elect the president and the Prime Minister...[new] elections are coming I have a feeling no matter what...
7-25-2022 Guru Nader From The Mid East The starting point in Europe will be Paris, in the United States we don't know. Asia, we don't know because they ain't put anywhere...over here [US] I think it's going to be New York or Miami we'll see...you don't have to travel anywhere...you just stay here then you change your dinar...
7-25-2022 Intel Guru MarkZ [via PDK] ...There is still a tremendous amount of chatter out of Iraq. They are still moving forward with renegotiating rates and contractors...one of the specific contracts of course is the $27 Billion dollar Total Contract from France. They had finished the deal in dollars and now are re- negotiating it to be paid in dinar. ...We know we are watching it roll out. We know we are seeing rate change conversations in Iraq…We know banks are positioning…
7-25-2022 Newshound Guru Clare Article: "Central Bank: Paris will be the starting point of the Iraqi banking sector towards Europe"
7-25-2022 Newshound Guru Jeff Kazemi will be reinstated two terms for Prime Minister. Look for him to be reinstated on a Saturday.
7-25-2022 Newshound/Intel Guru Mnt Goat We already know the VALUE is not reflected in the RATE of the IQD as alone oil revenues
along with the other assets such as minerals, gold, etc, would surely bring the IQD way over $3 never mind the current 1/6 of penny. So, if you are still waiting for Iraq to turn totally capitalistic and build an enormous economy don’t hold your breath, this is not how it going to happen.
7-25-2022 Newshound Guru Walkingstick [via Frank26] IOO the WTO obviously knows when the CBI will give the GOI the new exchange rate...why...? Because as a member of the WTO their currency must be convertible with no restrictions. This is the law of the WTO and you are seeing it displayed right before your eyes... therefore IMO the new exchange rate...[is] soon to be released and used inside of Iraq by the citizens of Iraq and out of Iraq beyond their boarders...
7-24-2022 Newshound Guru Kaperoni All of this nonsense about a new exchange rate, paying people in dinar, new contracts. It's all just bullshit! A country's currency exchange rate is based on the economic growth it's not a random act. Only with the success and growth of the economy can the dinar rise in value...If and when it floats it will rise gradually based on the success and growth of the economy.
7-24-2022 Newshound Guru Sandy Ingram Thus Iraq earns in U.S. dollars and spends in Iraqi dinars so they are in no hurry to revalue their currency. They need to purchase military equipment from France or the United States - they use dollars. When they need to build housing for the Iraqi people they use Iraqi dinars. The wealth transfer coming from Iraq is a more feasible wealth transfer but only after Iraq gains control over the overprinted IQD. [Post 2 of 2]
7-24-2022 Newshound Guru Sandy Ingram Why would Iraq or any other country want to increase their currency value against the highest currencies in the world today? Why not leave it alone? The answer is simple. When a country's currency value is low against other currencies in the world, people in that country cannot afford certain necessities. When we look at Iraq we see that they have a unique situation because OPEC has always required that oil revenues be paid in U.S. dollars. [Post 1 of 2....stay tuned]
7-24-2022 Newshound Guru Tivon ...We are just about there...the EFSL was not a fluke...It cut through all the BS we have been enduring for all these years. The writing is on the wall. Great times ahead for everyone. We are either days or weeks away. I wonder if the CBI still plans on making a move this week? We'll see soon enough...
7-24-2022 Newshound Guru Jeff The rate change is in front of you right now...you're waiting on that government but it is done formed and complete they just can't show it to you...everything happening in Iraq right now is happening around the rate change date. It's the nucleus...the formation of the government is revolving around the rate change date. That's why they keep kicking the political can...it's synchronized...and aligns with the scheduled rate change date.
7-24-2022 Guru Nader From The Mid East For us [United States]... Australia... Asia...China we don't know what city but...once they start they will start all over the world...You're not going to have to travel to anywhere to change your dinars. If it's going to be international, it's going to be international. If it starts in Europe it's going to start here [U.S.] the same day, same hours and minutes, same everything... [Post 2 of 2]
7-24-2022 Guru Nader From The Mid East People are asking a lot of questions - Do I have to travel to France to change my dinar? ...The article says the starting point is Europe. They're not talking about United States. The starting point is Europe for the banking sector...will be Paris and France. United States we don't know what city. It could be the capital Washington, New York, Miami. I don't know. It's going to be a big city just like they doing in Europe. [Post 1 of 2....stay tuned]
7-24-2022 Newshound Guru Walkingstick [via Frank26] Everything the CBI needs to release the new exchange rate to Kazemi and his GOI is already in written form. Written is the information of what the citizens and the world are learning about the monetary reform to its directives.
7-24-2022 Newshound/Intel Guru Mnt Goat ... a week ago...Mazhar Muhammad Salih, said and I quote- “Changing the exchange rate is possible, but it requires patience and careful study,” adding, “We need to cook on a quiet fire and monitor prices until the end of 2022, oil prices and foreign reserves.” To me this is telling us not to expect any change in the exchange rate of the dinar until at least the end of 2022...I firmly believe they are trying to pay off their debts prior to the RV. They already paid off all war reparations to Kuwait- good news! They can also pay off the IMF loan by the end of the year if oil prices remain high – good news!
7-24-2022 Intel Guru MarkZ [via PDK] Article- This is important: “Central Bank: Paris will be the starting point of the Iraqi Banking Sector towards Europe” This is the Central Bank of Iraq. And it says Paris will be the starting point. Why do they need to be expanding all over the world if they have a useless currency?
7-24-2022 Newshound Guru Sandy Ingram Thus Iraq earns in U.S. dollars and spends in Iraqi dinars so they are in no hurry to revalue their currency. They need to purchase military equipment from France or the United States - they use dollars. When they need to build housing for the Iraqi people they use Iraqi dinars. The wealth transfer coming from Iraq is a more feasible wealth transfer but only after Iraq gains control over the overprinted IQD. [Post 2 of 2]
7-24-2022 Newshound Guru Sandy Ingram Why would Iraq or any other country want to increase their currency value against the highest currencies in the world today? Why not leave it alone? The answer is simple. When a country's currency value is low against other currencies in the world, people in that country cannot afford certain necessities. When we look at Iraq we see that they have a unique situation because OPEC has always required that oil revenues be paid in U.S. dollars. [Post 1 of 2....stay tuned]
7-24-2022 Newshound Guru Tivon ...We are just about there...the EFSL was not a fluke...It cut through all the BS we have been enduring for all these years. The writing is on the wall. Great times ahead for everyone. We are either days or weeks away. I wonder if the CBI still plans on making a move this week? We'll see soon enough...
7-24-2022 Newshound Guru Jeff The rate change is in front of you right now...you're waiting on that government but it is done formed and complete they just can't show it to you...everything happening in Iraq right now is happening around the rate change date. It's the nucleus...the formation of the government is revolving around the rate change date. That's why they keep kicking the political can...it's synchronized...and aligns with the scheduled rate change date.
7-24-2022 Guru Nader From The Mid East For us [United States]... Australia... Asia...China we don't know what city but...once they start they will start all over the world...You're not going to have to travel to anywhere to change your dinars. If it's going to be international, it's going to be international. If it starts in Europe it's going to start here [U.S.] the same day, same hours and minutes, same everything... [Post 2 of 2]
7-24-2022 Guru Nader From The Mid East People are asking a lot of questions - Do I have to travel to France to change my dinar? ...The article says the starting point is Europe. They're not talking about United States. The starting point is Europe for the banking sector...will be Paris and France. United States we don't know what city. It could be the capital Washington, New York, Miami. I don't know. It's going to be a big city just like they doing in Europe. [Post 1 of 2....stay tuned]
7-24-2022 Newshound Guru Walkingstick [via Frank26] Everything the CBI needs to release the new exchange rate to Kazemi and his GOI is already in written form. Written is the information of what the citizens and the world are learning about the monetary reform to its directives.
7-24-2022 Newshound/Intel Guru Mnt Goat ... a week ago...Mazhar Muhammad Salih, said and I quote- “Changing the exchange rate is possible, but it requires patience and careful study,” adding, “We need to cook on a quiet fire and monitor prices until the end of 2022, oil prices and foreign reserves.” To me this is telling us not to expect any change in the exchange rate of the dinar until at least the end of 2022...I firmly believe they are trying to pay off their debts prior to the RV. They already paid off all war reparations to Kuwait- good news! They can also pay off the IMF loan by the end of the year if oil prices remain high – good news!
7-24-2022 Intel Guru MarkZ [via PDK] Article- This is important: “Central Bank: Paris will be the starting point of the Iraqi Banking Sector towards Europe” This is the Central Bank of Iraq. And it says Paris will be the starting point. Why do they need to be expanding all over the world if they have a useless currency?
7-23-2022 Newshound Guru Walkingstick [via Frank26] The CBI is doing a tour to...central banks around the world...with proof sheets of the new small category notes to be soon released. This may be done behind closed doors...or at the time when the exchange rate and the new small category notes are released. This information will be in print, we just are not knowing exactly when...
7-23-2022 Newshound Guru Tivon Article "Central Bank Governor : The banking sector is making progress at various levels" This implies that the deadline for August 15th 2022 for banks to get on the new platform is for late bloomers who do not currently have their affairs in order. The CBI can make their move now. Are they trying to get this deal done before August 1st? Seems that way...
7-23-2022 Newshound Guru Kaperoni Guru Militiaman says they must RV soon if they want a market economy...That's not how it works you build a market economy and then the dinar goes up in value as a result. Not the other way around...
7-23-2022 Newshound Guru MilitiaMan ...The EFSL, it has wide reaching tentacles that allow for the many things to happen during the normal course of the day to day needs of the citizens and their entitlements. One of which is the changing of the exchange rate.
7-23-2022 Intel Guru MarkZ [via PDK] ...contractors...are re-denominating from US dollars into dinar…so everything will be paid in dinar…those contracts go into effect on August 15th. So we know there should be a major move before the 15th. I am still hearing it is extremely soon. We did not have a new rate published in the Gazette this morning. But, we are watching the roll out of this thing. Article “CBI : The Banking Sector is making progress at various levels”...I do not feel they are kicking the can anymore…I believe we are in a relentless rolling towards the finish line…
7-23-2022 Newshound Guru Clare Article: "Central Bank Governor : The banking sector is making progress at various levels" WE ARE JUST ABOUT THERE! IMO
7-23-2022 Guru Nader From The Mid East Good news for you...my friends knew it two or three days ago I wanted to confirm but it's too late everybody knows about it now I think...Europe will be opening the door for the Iraqi dinar exchange. If you want to exchange your dinars in a couple week you can go there and change your dinars. But for now the rate is not there...not time yet for congratulations but soon will be congratulations...
7-23-2022 Intel Guru Bruce [via WiserNow] they've already agreed upon a rate for the dinar - it was traded up and it will be traded up higher - actually after it gets out there...The bankers can see it on their screens, but...we don't have it where we can see it...they just don't want the dinar rate out until we're ready to go for our exchange...Timing is everything as you guys know. And our timing is getting closer and closer to this...look forward to great things happening hopefully by Saturday.
7-23-2022 Intel Guru MarkZ [via PDK] [Iraq is on lockdown. Nobody allowed to leave country] They did that right before Kuwait RV’d…
7-23-2022 Newshound Guru Tivon Article "Central Bank Governor : The banking sector is making progress at various levels" This implies that the deadline for August 15th 2022 for banks to get on the new platform is for late bloomers who do not currently have their affairs in order. The CBI can make their move now. Are they trying to get this deal done before August 1st? Seems that way...
7-23-2022 Newshound Guru Kaperoni Guru Militiaman says they must RV soon if they want a market economy...That's not how it works you build a market economy and then the dinar goes up in value as a result. Not the other way around...
7-23-2022 Newshound Guru MilitiaMan ...The EFSL, it has wide reaching tentacles that allow for the many things to happen during the normal course of the day to day needs of the citizens and their entitlements. One of which is the changing of the exchange rate.
7-23-2022 Intel Guru MarkZ [via PDK] ...contractors...are re-denominating from US dollars into dinar…so everything will be paid in dinar…those contracts go into effect on August 15th. So we know there should be a major move before the 15th. I am still hearing it is extremely soon. We did not have a new rate published in the Gazette this morning. But, we are watching the roll out of this thing. Article “CBI : The Banking Sector is making progress at various levels”...I do not feel they are kicking the can anymore…I believe we are in a relentless rolling towards the finish line…
7-23-2022 Newshound Guru Clare Article: "Central Bank Governor : The banking sector is making progress at various levels" WE ARE JUST ABOUT THERE! IMO
7-23-2022 Guru Nader From The Mid East Good news for you...my friends knew it two or three days ago I wanted to confirm but it's too late everybody knows about it now I think...Europe will be opening the door for the Iraqi dinar exchange. If you want to exchange your dinars in a couple week you can go there and change your dinars. But for now the rate is not there...not time yet for congratulations but soon will be congratulations...
7-23-2022 Intel Guru Bruce [via WiserNow] they've already agreed upon a rate for the dinar - it was traded up and it will be traded up higher - actually after it gets out there...The bankers can see it on their screens, but...we don't have it where we can see it...they just don't want the dinar rate out until we're ready to go for our exchange...Timing is everything as you guys know. And our timing is getting closer and closer to this...look forward to great things happening hopefully by Saturday.
7-23-2022 Intel Guru MarkZ [via PDK] [Iraq is on lockdown. Nobody allowed to leave country] They did that right before Kuwait RV’d…
7-22-2022 Intel Guru Frank26 It's time for the formation of the government of Iraq. Because once you form the government of Iraq kind of like dominoes. Kind of like when you stack up playing cards and they all come falling down. Kind of like when it starts to rain and it turns into a monsoon. There is a lot that is about to explode on the International stage of Iraq...
7-22-2022 Intel Guru MarkZ [via PDK] …From all of the contacts I have spoken with – these contracts go into affect on August 15th... which means before then they need to have a currency of value...This is huge...This tells us the back end of this right now…imo. I am so stinking excited about this news…after so many years there is finally some concrete things we can look at. I think this is the biggest news of the day for us on the RV front. [post 2 of 2]
7-22-2022 Intel Guru MarkZ [via PDK] [reference Guru Tivon post 7-21-2022] I have gotten the same news from my contractor contacts in Iraq... They are canceling contracts that are set and written in us dollars and re-writing them in dinar…Now according to my contacts they are giving them a value in US dollars and paying them in dinar. ...Why are they doing this? Because they are expecting the value to change. [post 1 of 2....stay tuned]
7-22-2022 Newshound Guru Samson Article: "The US Ambassador in Baghdad: Iraq is our most important partner and the cornerstone in the Middle East" Quote: "there are ways to achieve the joint strategy; Including promoting economic development and supporting Iraqi sovereignty"
7-22-2022 Newshound Guru Petra ...I don't hesitate to say that the first domino is about to fall creating a cascaded event...
7-22-2022 Newshound Guru Walkingstick [via Frank26] Even if they drop to 1200...the rate will move very fast. Remember, it's going to be a float..the world is eager. The world is hungry. They're starving to get their hand on this currency that they know has great has great potential because of the assets that back it. The oil of this country... they all want to get their hand on the new Iraqi dinar exchange rate...
7-22-2022 Intel Guru Bruce [via WiserNow] ...we're looking very solid over the next two days...Friday and then by Saturday at the latest is how it was played. Now - regarding the redemption center, and exchanges of currency, if you only have let's say dinar - Dong...other currencies to exchange - you're looking not to have to sign a nondisclosure agreement [NDA]...
7-22-2022 Newshound Guru Kaperoni Whether or not banks around the world are willing to do business in dinar is up to each individual banking institution. Therefore, even though Iraq is still in IMF Article XIV, any bank in the world can do business with Iraq in dinars if they choose to do so. But most wait for the stamp of approval or acceptance of Article VIII. [Post 3 of 3]
7-22-2022 Newshound Guru Kaperoni Whether or not a country's currency is exchangeable is whether or not there are restrictions on that country (which no longer exist [for Iraq]). Many banks though are hesitant as long as the CBI is in Article XIV. IMF Article VIII in essence is a stamp of approval from the IMF that the banking system in Iraq is in compliance with other central banks worldwide. [Post 2 of 3....stay tuned]
7-22-2022 Newshound Guru Kaperoni Iraq is in Article VIII of the IMF charter. Wrong! All you need to do is go to http://imf.org then Iraq, and click Iraq's Position in the Fund to see they are in ARTICLE XIV! IMF Article XIV or IMF Article VIII...is only a standing in which the Central Bank of Iraq is graded. Has nothing to do with the currency, the currency is exchangeable worldwide. [Post 1 of 3....stay tuned]
7-22-2022 Newshound Guru Tivon Article: "Saleh and Al-Abadi discuss completing the constitutional entitlements" ...I can't help but conclude that the EFSL is acting as a fully operational law that is not waiting on any formal political formality other than the activation of certain laws. One being the Oil & Gas Law...
7-22-2022 Intel Guru MarkZ [via PDK] In Iraq it looks like they are moving quickly to seat their government. We have a contact at an Iraqi bank that has a location in London….they are hoping to start exchanging early next week...There is a lot of discussion from Iraqi banks that have branches in other countries…so things are getting very, very hot. There are rumors that they may start processing people today…but I don’t think so…But, it does appear we are very, very close.
7-22-2022 Newshound Guru Pimpy Down goes Maliki. Down goes Maliki...Is this fight over? Or is it just getting warmed up? ...those audio leaks are coming back to bite Maliki right in the butt. There hasn't been an audio leak this bad since Watergate. Article: "Because of the audio leaks...A leader in the call calls for the dismissal of Al-Maliki from the party" Not only is this guy possibly not going to become the Prime Minister but they might oust him from the party altogether. Ouch!
7-22-2022 Guru Nader From The Mid East I'm still seeing people saying $6. Six dollars will never happen. Like I told you 1 to 1 and then the float. Might go to $3, $3.20, $3.39 max...
7-22-2022 Newshound/Intel Guru Mnt Goat Article: "CLOSE TO THE SADRIST MOVEMENT REGARDING AL-MALIKI’S RECORDINGS: HE SPEAKS MORE THAN THAT IN PRIVATE MEETINGS" This appears to have been going on for awhile now. Its about time someone calls him out on it. Now they have the undeniable sticky evidence on Maliki.
7-22-2022 Intel Guru MarkZ [via PDK] …From all of the contacts I have spoken with – these contracts go into affect on August 15th... which means before then they need to have a currency of value...This is huge...This tells us the back end of this right now…imo. I am so stinking excited about this news…after so many years there is finally some concrete things we can look at. I think this is the biggest news of the day for us on the RV front. [post 2 of 2]
7-22-2022 Intel Guru MarkZ [via PDK] [reference Guru Tivon post 7-21-2022] I have gotten the same news from my contractor contacts in Iraq... They are canceling contracts that are set and written in us dollars and re-writing them in dinar…Now according to my contacts they are giving them a value in US dollars and paying them in dinar. ...Why are they doing this? Because they are expecting the value to change. [post 1 of 2....stay tuned]
7-22-2022 Newshound Guru Samson Article: "The US Ambassador in Baghdad: Iraq is our most important partner and the cornerstone in the Middle East" Quote: "there are ways to achieve the joint strategy; Including promoting economic development and supporting Iraqi sovereignty"
7-22-2022 Newshound Guru Petra ...I don't hesitate to say that the first domino is about to fall creating a cascaded event...
7-22-2022 Newshound Guru Walkingstick [via Frank26] Even if they drop to 1200...the rate will move very fast. Remember, it's going to be a float..the world is eager. The world is hungry. They're starving to get their hand on this currency that they know has great has great potential because of the assets that back it. The oil of this country... they all want to get their hand on the new Iraqi dinar exchange rate...
7-22-2022 Intel Guru Bruce [via WiserNow] ...we're looking very solid over the next two days...Friday and then by Saturday at the latest is how it was played. Now - regarding the redemption center, and exchanges of currency, if you only have let's say dinar - Dong...other currencies to exchange - you're looking not to have to sign a nondisclosure agreement [NDA]...
7-22-2022 Newshound Guru Kaperoni Whether or not banks around the world are willing to do business in dinar is up to each individual banking institution. Therefore, even though Iraq is still in IMF Article XIV, any bank in the world can do business with Iraq in dinars if they choose to do so. But most wait for the stamp of approval or acceptance of Article VIII. [Post 3 of 3]
7-22-2022 Newshound Guru Kaperoni Whether or not a country's currency is exchangeable is whether or not there are restrictions on that country (which no longer exist [for Iraq]). Many banks though are hesitant as long as the CBI is in Article XIV. IMF Article VIII in essence is a stamp of approval from the IMF that the banking system in Iraq is in compliance with other central banks worldwide. [Post 2 of 3....stay tuned]
7-22-2022 Newshound Guru Kaperoni Iraq is in Article VIII of the IMF charter. Wrong! All you need to do is go to http://imf.org then Iraq, and click Iraq's Position in the Fund to see they are in ARTICLE XIV! IMF Article XIV or IMF Article VIII...is only a standing in which the Central Bank of Iraq is graded. Has nothing to do with the currency, the currency is exchangeable worldwide. [Post 1 of 3....stay tuned]
7-22-2022 Newshound Guru Tivon Article: "Saleh and Al-Abadi discuss completing the constitutional entitlements" ...I can't help but conclude that the EFSL is acting as a fully operational law that is not waiting on any formal political formality other than the activation of certain laws. One being the Oil & Gas Law...
7-22-2022 Intel Guru MarkZ [via PDK] In Iraq it looks like they are moving quickly to seat their government. We have a contact at an Iraqi bank that has a location in London….they are hoping to start exchanging early next week...There is a lot of discussion from Iraqi banks that have branches in other countries…so things are getting very, very hot. There are rumors that they may start processing people today…but I don’t think so…But, it does appear we are very, very close.
7-22-2022 Newshound Guru Pimpy Down goes Maliki. Down goes Maliki...Is this fight over? Or is it just getting warmed up? ...those audio leaks are coming back to bite Maliki right in the butt. There hasn't been an audio leak this bad since Watergate. Article: "Because of the audio leaks...A leader in the call calls for the dismissal of Al-Maliki from the party" Not only is this guy possibly not going to become the Prime Minister but they might oust him from the party altogether. Ouch!
7-22-2022 Guru Nader From The Mid East I'm still seeing people saying $6. Six dollars will never happen. Like I told you 1 to 1 and then the float. Might go to $3, $3.20, $3.39 max...
7-22-2022 Newshound/Intel Guru Mnt Goat Article: "CLOSE TO THE SADRIST MOVEMENT REGARDING AL-MALIKI’S RECORDINGS: HE SPEAKS MORE THAN THAT IN PRIVATE MEETINGS" This appears to have been going on for awhile now. Its about time someone calls him out on it. Now they have the undeniable sticky evidence on Maliki.
7-21-2022 Intel Guru Frank26 This week IMO is special. The week that's coming up, actually Thursday onward.
7-21-2022 Intel Guru MarkZ [via PDK] ...it’s still pretty quiet as to whether tonight is a “go” or not. There is still a lot of anticipation from folks in redemption areas. But, watching things around the world I think we are a little premature. But I know we are awfully close. [Do you mind giving us the latest on what you hear on the rates.] I am still hearing $6 to $8 on the dinar. And around $2.25 on the dong.
7-21-2022 Intel Guru Fleming ...Iraq might, might start at the end of the month. They are still deciding what to do about Maliki, who’s holding up the process making it impossible for the people of Iraq to do anything... the new IQD (at the new in-country rate of $3.22+) is still being traded on the back Bank Screen. It will be brought back anywhere from $3.22 up to $22.00...This is not anything anyone can confirm, unless you have access to back Screens – as a Fed licensed Trader...It will happen when the time is right...Bottom line, the RV is happening...
7-21-2022 Newshound Guru Clare Article: "The Central Bank will adopt a specialized electronic platform for the purposes of exchanging documents and data with all banks" IT IS AMAZING WHAT WE ARE SEEING!!!... IMO WE ARE AT HOME PLATE, BATTER UP, ACTUALLY TWO ... SEATED GOI & CBI ...TAKE THAT SWING... IT WILL SURELY BE A GRAND SLAM! IMO
7-21-2022 Newshound Guru Pimpy In case you forgot, Maliki has a unique little friend up there in the Supreme Judiciary Court. Maliki don't give a crap, he knows nothing's going to happen to him. He has the Supreme Court under his thumb...I'd be surprised if anything [happens] at all. Most likely you're gonna see that the recordings were not legitimate and just let Maliki off. [Post 2 of 2]
7-21-2022 Newshound Guru Pimpy Christmas came early for someone. Possibly some leaked recordings - Al-Maliki making some serious threats about Sadr, his people and his territory. The kind of threats that if the courts find this recording legit is considered a serious crime. Maliki could be looking at life in prison or even execution. [Post 1 of 2....stay tuned]
7-21-2022 Guru Nader From The Mid East Maliki - he might get life in prison or maybe they're gonna kill him...He tried to do a lot of shit. He tried to do a coup a week ago. He tried to take the government by force. He tried to do everything toward Iraq...
7-21-2022 Newshound Guru Sandy Ingram There is a belief that poor and developing countries will become more prosperous and their currency value will increase against the US dollar...this is the category of wealth comes from speculative investing which most of you...have done when we invested in the IQD... [Post 2 of 2]
7-21-2022 Newshound Guru Sandy Ingram Several beliefs are floating around on what the wealth transfer is...Let me make it clear what it is not - No one is going to give us money. You will need to earn it or gain it through investment... [Post 1 of 2....stay tuned]
7-21-2022 Intel Guru MarkZ [via PDK] A lot of people are expecting late today will be our time. I don’t know how to take that one yet…as I havnt seen the changes I wanted…But, on the banking side they are very much expecting fireworks this evening and a rate on Saturday . We will have to wait and see… There are great rumors for tonight going into the weekend…but we shall see. Stay grounded but there is a major push to get this done.
7-21-2022 Newshound Guru Walkingstick [via Frank26] The GOI has worked on 9 tenders with countries around the world...for goods, or services ...beyond their local borders - The EU, the Asian theater etc. many countries. All 9 tenders have been rewritten and recalculated in the form of IQDs. Why would they do this with a CBI program rate? They would never do it. That's why they've never done it. What is about to happen is historical. This is a very telltale sign of what's going on. The government seated will disclose this information very soon.
7-21-2022 Newshound Guru Tivon They just posted the other CBI article yesterday. Article: "The Central Bank will adopt a specialized electronic platform for the purposes of exchanging documents and data with all banks" ...Access to global financial markets? Does that sound like Financial Inclusion to you? What can possibly be added to this monumental news? It's not even 8am and we got this. Quote: "...which will allow you to benefit from many services, including foreign exchange and shares trading, and access to global financial markets..."
7-21-2022 Newshound Guru Kaperoni The recent articles over the last couple days from the advisor to the prime minister is encouraging in the sense that they are working to correct/improve the economy and as a result improve the exchange rate of the dinar. But that does not mean anything is happening overnight.
7-21-2022 Intel Guru Bruce [via WiserNow] ...this thing could fire off where we do get notifications...and go...more likely Thursday...we've been told by more than one that “it will happen this week” - So I'd say that by Thursday or Friday we should be in the redemption centers...
7-21-2022 Intel Guru MarkZ [via PDK] ...it’s still pretty quiet as to whether tonight is a “go” or not. There is still a lot of anticipation from folks in redemption areas. But, watching things around the world I think we are a little premature. But I know we are awfully close. [Do you mind giving us the latest on what you hear on the rates.] I am still hearing $6 to $8 on the dinar. And around $2.25 on the dong.
7-21-2022 Intel Guru Fleming ...Iraq might, might start at the end of the month. They are still deciding what to do about Maliki, who’s holding up the process making it impossible for the people of Iraq to do anything... the new IQD (at the new in-country rate of $3.22+) is still being traded on the back Bank Screen. It will be brought back anywhere from $3.22 up to $22.00...This is not anything anyone can confirm, unless you have access to back Screens – as a Fed licensed Trader...It will happen when the time is right...Bottom line, the RV is happening...
7-21-2022 Newshound Guru Clare Article: "The Central Bank will adopt a specialized electronic platform for the purposes of exchanging documents and data with all banks" IT IS AMAZING WHAT WE ARE SEEING!!!... IMO WE ARE AT HOME PLATE, BATTER UP, ACTUALLY TWO ... SEATED GOI & CBI ...TAKE THAT SWING... IT WILL SURELY BE A GRAND SLAM! IMO
7-21-2022 Newshound Guru Pimpy In case you forgot, Maliki has a unique little friend up there in the Supreme Judiciary Court. Maliki don't give a crap, he knows nothing's going to happen to him. He has the Supreme Court under his thumb...I'd be surprised if anything [happens] at all. Most likely you're gonna see that the recordings were not legitimate and just let Maliki off. [Post 2 of 2]
7-21-2022 Newshound Guru Pimpy Christmas came early for someone. Possibly some leaked recordings - Al-Maliki making some serious threats about Sadr, his people and his territory. The kind of threats that if the courts find this recording legit is considered a serious crime. Maliki could be looking at life in prison or even execution. [Post 1 of 2....stay tuned]
7-21-2022 Guru Nader From The Mid East Maliki - he might get life in prison or maybe they're gonna kill him...He tried to do a lot of shit. He tried to do a coup a week ago. He tried to take the government by force. He tried to do everything toward Iraq...
7-21-2022 Newshound Guru Sandy Ingram There is a belief that poor and developing countries will become more prosperous and their currency value will increase against the US dollar...this is the category of wealth comes from speculative investing which most of you...have done when we invested in the IQD... [Post 2 of 2]
7-21-2022 Newshound Guru Sandy Ingram Several beliefs are floating around on what the wealth transfer is...Let me make it clear what it is not - No one is going to give us money. You will need to earn it or gain it through investment... [Post 1 of 2....stay tuned]
7-21-2022 Intel Guru MarkZ [via PDK] A lot of people are expecting late today will be our time. I don’t know how to take that one yet…as I havnt seen the changes I wanted…But, on the banking side they are very much expecting fireworks this evening and a rate on Saturday . We will have to wait and see… There are great rumors for tonight going into the weekend…but we shall see. Stay grounded but there is a major push to get this done.
7-21-2022 Newshound Guru Walkingstick [via Frank26] The GOI has worked on 9 tenders with countries around the world...for goods, or services ...beyond their local borders - The EU, the Asian theater etc. many countries. All 9 tenders have been rewritten and recalculated in the form of IQDs. Why would they do this with a CBI program rate? They would never do it. That's why they've never done it. What is about to happen is historical. This is a very telltale sign of what's going on. The government seated will disclose this information very soon.
7-21-2022 Newshound Guru Tivon They just posted the other CBI article yesterday. Article: "The Central Bank will adopt a specialized electronic platform for the purposes of exchanging documents and data with all banks" ...Access to global financial markets? Does that sound like Financial Inclusion to you? What can possibly be added to this monumental news? It's not even 8am and we got this. Quote: "...which will allow you to benefit from many services, including foreign exchange and shares trading, and access to global financial markets..."
7-21-2022 Newshound Guru Kaperoni The recent articles over the last couple days from the advisor to the prime minister is encouraging in the sense that they are working to correct/improve the economy and as a result improve the exchange rate of the dinar. But that does not mean anything is happening overnight.
7-21-2022 Intel Guru Bruce [via WiserNow] ...this thing could fire off where we do get notifications...and go...more likely Thursday...we've been told by more than one that “it will happen this week” - So I'd say that by Thursday or Friday we should be in the redemption centers...
7-20-2022 Intel Guru MarkZ [via PDK] There is definitely a high alert for the next 7 hours through early in the next week…on the banker side they are very much thinking 7 hours through the next 4-5 days…that is when they believe we are going to see things. I have a Treasury contact that says sometime over the next 3 weeks…and the absolute worst case scenario from an International contact that says things could drag out as long as September. But, the overwhelming majority...believe it’s absolutely any moment within the next 7 hours to early next week…. Most are watching the next 24 hours.
7-20-2022 Newshound Guru Tivon ...What did Al-Kazemi command of his cabinets on June 23rd? To address the USD rate at the earliest legislative session correct? Well what is coming up this week? ...the EFSL can not work without a rate change...So what does he request of all ministries this past Sunday? To adjust contracts & wages...
7-20-2022 Newshound/Intel Guru Mnt Goat Article: "THE PATRIOTIC UNION OF KURDISTAN EXPLODES A SURPRISE ABOUT THE PRESIDENCY OF THE REPUBLIC" We could be getting very close the conclusion of the new govt. Let us hope & pray there are no other snags...
7-20-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: My banking friend says watch for something this week from the CBI in relation to putting the dinar back to the previous rate. Not sure what rate but that's what he told me...not sure if they mean 1200 but we're watching for something from the CBI. Hopefully they will put it back this week. My bank friend is telling me look this coming week... FRANK: Yes, IMO we know there is a change is coming and the fact that they are telling you directly straight to your face is extremely good. We are as close as your breath is to your lungs...
7-20-2022 Newshound Guru Pimpy Until this government is formed, everything is stabilized, it's going to be a while before the exchange rate has changed...
7-20-2022 Intel Guru MarkZ [via PDK] There is so much positive intel and a crazy amount of anticipation today...We continue to get phenomenal news out of Iraq. They are expecting that reset at any moment as far as their value goes….Most of the chatter I am hearing out of Iraq is they expect a reinstatement…which would put the rate in the high $3’s…their articles all talk about “restoring the value of the dinar to prewar rates” ...Stay grounded just in case we get to tomorrow and do not see a rate change. We are in –what appears to be the final days of this... we are hearing good news from everywhere…
7-20-2022 Newshound Guru Samson Article: "After the judiciary opened an investigation into the audio leaks, Al-Maliki may face execution or life" Quote: "If the recording is proven correct according to the judicial investigation, the penalties that will face those who threatened to kill, incitement to civil war, and incitement to attack a holy city, according to the anti-terror law, and the penalty is up to death or life, considering what was stated in the recording is a threat to Iraqi national security and stirs up sectarian strife according to Anti-Terrorism Law No. 13 of 2005."
7-20-2022 Newshound Guru Walkingstick [via Frank26] The monetary reform must be announced after the seating of the government and at that time they will also discuss the dinar's value and billions to be put into circulation in the streets of Iraq for the citizens. This part is for the citizens IQD exchange in country going from the three zero notes to the new small category notes exchange in their country.
7-20-2022 Newshound/Intel Guru Mnt Goat Article: "...IRAQ IS PREPARING TO JOIN THE WORLD TRADE ORGANIZATION" Does Iraq need an international currency to join the WTO? No, they do not however, I believe they are attempting to do so prior to becoming a full member of the WTO. Certainly an international currency would make it much easier to trade if you have a currency on FOREX. Quite frankly, I believe it would be extremely hard for Iraq to conduct major trading of goods and services with the rest of the world through the currency process of the auctions and being pegged solely to the US dollar. The risks would be too high and they know it. This is part of the White Paper reforms to go to FOREX.
7-20-2022 Intel Guru MarkZ [via PDK] News from Iraq is still stunning…. Rumors from Folks on the ground are still looking for the rate this Wednesday or maybe Saturday of this week. This is what they are hopeful for…. We will have to wait and see if it pans out.
7-20-2022 Newshound Guru Tivon ...What did Al-Kazemi command of his cabinets on June 23rd? To address the USD rate at the earliest legislative session correct? Well what is coming up this week? ...the EFSL can not work without a rate change...So what does he request of all ministries this past Sunday? To adjust contracts & wages...
7-20-2022 Newshound/Intel Guru Mnt Goat Article: "THE PATRIOTIC UNION OF KURDISTAN EXPLODES A SURPRISE ABOUT THE PRESIDENCY OF THE REPUBLIC" We could be getting very close the conclusion of the new govt. Let us hope & pray there are no other snags...
7-20-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: My banking friend says watch for something this week from the CBI in relation to putting the dinar back to the previous rate. Not sure what rate but that's what he told me...not sure if they mean 1200 but we're watching for something from the CBI. Hopefully they will put it back this week. My bank friend is telling me look this coming week... FRANK: Yes, IMO we know there is a change is coming and the fact that they are telling you directly straight to your face is extremely good. We are as close as your breath is to your lungs...
7-20-2022 Newshound Guru Pimpy Until this government is formed, everything is stabilized, it's going to be a while before the exchange rate has changed...
7-20-2022 Intel Guru MarkZ [via PDK] There is so much positive intel and a crazy amount of anticipation today...We continue to get phenomenal news out of Iraq. They are expecting that reset at any moment as far as their value goes….Most of the chatter I am hearing out of Iraq is they expect a reinstatement…which would put the rate in the high $3’s…their articles all talk about “restoring the value of the dinar to prewar rates” ...Stay grounded just in case we get to tomorrow and do not see a rate change. We are in –what appears to be the final days of this... we are hearing good news from everywhere…
7-20-2022 Newshound Guru Samson Article: "After the judiciary opened an investigation into the audio leaks, Al-Maliki may face execution or life" Quote: "If the recording is proven correct according to the judicial investigation, the penalties that will face those who threatened to kill, incitement to civil war, and incitement to attack a holy city, according to the anti-terror law, and the penalty is up to death or life, considering what was stated in the recording is a threat to Iraqi national security and stirs up sectarian strife according to Anti-Terrorism Law No. 13 of 2005."
7-20-2022 Newshound Guru Walkingstick [via Frank26] The monetary reform must be announced after the seating of the government and at that time they will also discuss the dinar's value and billions to be put into circulation in the streets of Iraq for the citizens. This part is for the citizens IQD exchange in country going from the three zero notes to the new small category notes exchange in their country.
7-20-2022 Newshound/Intel Guru Mnt Goat Article: "...IRAQ IS PREPARING TO JOIN THE WORLD TRADE ORGANIZATION" Does Iraq need an international currency to join the WTO? No, they do not however, I believe they are attempting to do so prior to becoming a full member of the WTO. Certainly an international currency would make it much easier to trade if you have a currency on FOREX. Quite frankly, I believe it would be extremely hard for Iraq to conduct major trading of goods and services with the rest of the world through the currency process of the auctions and being pegged solely to the US dollar. The risks would be too high and they know it. This is part of the White Paper reforms to go to FOREX.
7-20-2022 Intel Guru MarkZ [via PDK] News from Iraq is still stunning…. Rumors from Folks on the ground are still looking for the rate this Wednesday or maybe Saturday of this week. This is what they are hopeful for…. We will have to wait and see if it pans out.
7-19-2022 Intel Guru Frank26 Article: "Trade confirms the preference of local companies in contracts and credits" Quote: "Iraq is open to the world" Oh my goodness! If that is not the definition of Article VIII then I don't know what else is...You know they've been Article VIII for a very long time. You know they've been out of Chapter VII for a very long time...now the fact that the contracts are being rewritten? Wow. I wonder why? Because they were rewritten in the Iraqi dinar. Wow. I wonder why? Because the Iraqi dinar will be at a new exchange rate.
7-19-2022 Guru Nader From The Mid East The only people who can make a decision is the Minister of Finance and the CBI. No body else. No Al-Kazemi. No Maliki. No Sadr. No parliament. No President of the Republic. No matter how much power these people got...It's not gonna be the IMF. It's not gonna be the World Bank. It's not gonna be all that. It's gonna be the CBI. You have to watch the CBI...It's gonna happen when the CBI is ready...
7-19-2022 Newshound Guru Tivon ...Iraqis will experience Purchasing Power. The International Monetary Fund, the World Bank, the World Food Program of the United Nations and the World Trade Organization all held meetings on the EFSL. They all agreed that this law will open Iraq up to open trade which is the international markets. The EFSL stabilized the markets. They also said that the EFSL will vitalize the economy.
7-19-2022 Newshound Guru Pimpy ...There are others out there who are making the claims that one of the things that will bring peace to the nation is an increase in the Iraqi dinar rate. That's not going to bring peace between all the internal fighting because it's not about the money. It's about the power. It's about the control. Making the claim that they're going to change Iraqi dinar in order to keep things peaceful there and to move everything along is bull crap. The last thing you want is Maliki in there as prime minister. No amount of rate change for the Iraqi people is going to smooth that over...
7-19-2022 Intel Guru MarkZ [via PDK] Article: “Iraq is moving to prepare special documents fir joining the WTO” (World Trade organization) There is something pretty important about joining the WTO….you need a real currency…an internationally accepted and recognized currency to join the WTO. You cannot have a currency with restrictions on it. You cannot have a currency with no value on it...they are giving us all the signs we need to see that this RV thing is getting close. ...Most of my people indicate Wed or Thurs of this week is the goal they hope to reach...
7-19-2022 Newshound Guru Kaperoni The advisor to the prime minister clarified today that the government's intention to restore the exchange rate is contrary to the truth, rather the government is engaged in fundamental reforms in both financial and economic that would create the desired development...only with the success and growth of Iraq's economy can the dinar go up in value.
7-19-2022 Newshound Guru Militiaman Article: "Al-Kazemi’s advisor clarifies a news published by the official media about the exchange rate change" Article: "The government is discussing the dollar exchange rate and plans to convert 4 ministries to self-financing" These two articles are saying what we already know about the exchange rate...now it is setting the stage for the private sector. The private sector is massive.. Total is a French private company that had contracts that were torn up and rewrote in Dinar and not USD. They reduced the Dinar to 1460 years ago already and now it is time to go back to where it was in a previous era. 1190 IQD/1 USD is not a place in that equation. It doesn't work in a market economy.
7-19-2022 Intel Guru Frank26 There are some gurus out there saying, 'It already happened. It's an RV. The RV is happening right now!'...it's not true...there is no RV. That has been accomplished years ago. This is an RI...
7-19-2022 Intel Guru MarkZ [via PDK] Article: “The government is discussing the dollar exchange rate and plans to convert 4 ministries to self financing” so with this on top of what [Guru] Nader is saying that the RV is happening [See his post below] …this is the chatter on the streets of Iraq... We are crazy close.
7-19-2022 Guru Nader From The Mid East The only people who can make a decision is the Minister of Finance and the CBI. No body else. No Al-Kazemi. No Maliki. No Sadr. No parliament. No President of the Republic. No matter how much power these people got...It's not gonna be the IMF. It's not gonna be the World Bank. It's not gonna be all that. It's gonna be the CBI. You have to watch the CBI...It's gonna happen when the CBI is ready...
7-19-2022 Newshound Guru Tivon ...Iraqis will experience Purchasing Power. The International Monetary Fund, the World Bank, the World Food Program of the United Nations and the World Trade Organization all held meetings on the EFSL. They all agreed that this law will open Iraq up to open trade which is the international markets. The EFSL stabilized the markets. They also said that the EFSL will vitalize the economy.
7-19-2022 Newshound Guru Pimpy ...There are others out there who are making the claims that one of the things that will bring peace to the nation is an increase in the Iraqi dinar rate. That's not going to bring peace between all the internal fighting because it's not about the money. It's about the power. It's about the control. Making the claim that they're going to change Iraqi dinar in order to keep things peaceful there and to move everything along is bull crap. The last thing you want is Maliki in there as prime minister. No amount of rate change for the Iraqi people is going to smooth that over...
7-19-2022 Intel Guru MarkZ [via PDK] Article: “Iraq is moving to prepare special documents fir joining the WTO” (World Trade organization) There is something pretty important about joining the WTO….you need a real currency…an internationally accepted and recognized currency to join the WTO. You cannot have a currency with restrictions on it. You cannot have a currency with no value on it...they are giving us all the signs we need to see that this RV thing is getting close. ...Most of my people indicate Wed or Thurs of this week is the goal they hope to reach...
7-19-2022 Newshound Guru Kaperoni The advisor to the prime minister clarified today that the government's intention to restore the exchange rate is contrary to the truth, rather the government is engaged in fundamental reforms in both financial and economic that would create the desired development...only with the success and growth of Iraq's economy can the dinar go up in value.
7-19-2022 Newshound Guru Militiaman Article: "Al-Kazemi’s advisor clarifies a news published by the official media about the exchange rate change" Article: "The government is discussing the dollar exchange rate and plans to convert 4 ministries to self-financing" These two articles are saying what we already know about the exchange rate...now it is setting the stage for the private sector. The private sector is massive.. Total is a French private company that had contracts that were torn up and rewrote in Dinar and not USD. They reduced the Dinar to 1460 years ago already and now it is time to go back to where it was in a previous era. 1190 IQD/1 USD is not a place in that equation. It doesn't work in a market economy.
7-19-2022 Intel Guru Frank26 There are some gurus out there saying, 'It already happened. It's an RV. The RV is happening right now!'...it's not true...there is no RV. That has been accomplished years ago. This is an RI...
7-19-2022 Intel Guru MarkZ [via PDK] Article: “The government is discussing the dollar exchange rate and plans to convert 4 ministries to self financing” so with this on top of what [Guru] Nader is saying that the RV is happening [See his post below] …this is the chatter on the streets of Iraq... We are crazy close.
7-18-2022 Newshound Guru Tivon We are pushing through with continuous progress. I love where we are at. It's a beautiful thing I tell you. What Al-Kazemi pulled off is astonishing.
7-18-2022 Intel Guru MarkZ [via PDK] This is their attempt to pull in as much dinar as possible before that RV trigger is pulled. When will that trigger be pulled? I don’t know- but there are a lot of rumors for Wednesday. A fair number of rumors for Saturday... Lots of rumors for very, very soon… None of us are going to know the exact day and time. [post 2 of 2]
7-18-2022 Intel Guru MarkZ [via PDK] I had an interesting conversation with an Iraqi source this afternoon. They said that they are using local currency options in order to pull as much dinar off the streets as possible. Their foreign reserves have a lot of US dollars in them…They also have other currencies from around the region in their foreign currency reserves…so instead of using dinar in their currency auctions they are using those and letting people turn in their dinar for them…people are getting a better than normal exchange rate for them. [post 1 of 2....stay tuned]
7-18-2022 Intel Guru Frank26 Article: "Al-Kazemi's advisor : Iraq will open 3 files at the Saudi summit". OF THE 3 THE FIRST ONE WAS PRIORITY FOR THE GOI AND KAZEMI...THE EXCHANGE RATE OF THEIR CURRENCY...
7-18-2022 Newshound Guru MilitiaMan When there is a need to nullify contracts, fixing contracts, adjusting daily wages and supporting the ration cards. It suggests that they have a change coming, or they wouldn't need to nullify or adjust anything...the likelihood that there is big changes coming on many fronts is quite clear.. imo
7-18-2022 Newshound Guru Pimpy They need to form a government. Right now there's a lot of infighting happening. Any hopes of the Coordinated Framework being able to form any possible government have to include al-Kazemi as prime minister and not allow Maliki in any part of it. Because if they do and I can promise you this if there's a huge uprising this is going to last months. It's going to affect the economy. It's going to effect the security of the country. There's going to be a lot of problems. All this is going to do is delay any possibilities of increasing the rate of the Iraqi dinar...
7-18-2022 Newshound Guru Samson Article: "300 thousand barrels per day .. Iraq is the fourth largest oil exporter to America"
7-18-2022 Intel Guru MarkZ [via PDK] I agree with him [Guru Nader] …things are really heating up! ...When you see Nader excited…I believe there is something to be excited about. [reference Guru Nader's post below] Last week I was hearing to look at mid week this week. This is exactly what is expected. The rumors are they are hoping for a new rate Wednesday or possibly Saturday in Iraq in the Gazette. (remember its all rumors until we have money in our pockets)
7-18-2022 Newshound Guru Kaperoni ...A very good article came out tonight by an advisor to the prime minister. He says there is economic vision to restoring the exchange rate of the dinar. Not by decision, but by real economic reforms, increasing investments in the country. This article confirms what I have been saying...It's always good the hear from officials in Iraq. Having the exchange rate rise based on real reforms and non-oil revenues is how monetary policy should work.. It goes against the idea also of a currency exchange LOP.
7-18-2022 Newshound Guru Tivon Article: "The government is discussing the dollar exchange rate and plans to convert 4 ministries to self-financing". They will by default increase oil revenues once they return the price of the USD. Especially the French oil deal with "Total, who had signed off on a 40% cut of that revenue with the four projects in development. 1:1 will definitely move numbers for everyone involved in Iraq's private sector. We are entering the final phase. You can tell they have been sitting on this information and couldn't wait to share.
7-18-2022 Guru Nader From The Mid East I got the great news for you guys this morning. I received the call around 3 o'clock this morning from my dad. He sent me this news but it's in Arabic...the good news is it's happening. How much? I don't know yet. You should know this week how much. They said they're putting it back. I hope not 1200...I think it's going to happen this week. You'll see the news later on coming out saying one guy of the CBI calling all the investors to come back to Iraq and invest in Iraq because good news they're gonna put back the dinar...
7-18-2022 Newshound Guru butterfly Article: "Iraq is moving to prepare special documents for joining the WTO" Quote: "the importance of Iraq's accession to the organization, as it deserves to be part of the international trade, industrial and economic community, especially since its accession will be part of this international community and can organize its economic and commercial policies, including trade exchange in accordance with international laws that serve it with all concerned parties dealing with it in the future.”
7-18-2022 Intel Guru MarkZ [via PDK] This is their attempt to pull in as much dinar as possible before that RV trigger is pulled. When will that trigger be pulled? I don’t know- but there are a lot of rumors for Wednesday. A fair number of rumors for Saturday... Lots of rumors for very, very soon… None of us are going to know the exact day and time. [post 2 of 2]
7-18-2022 Intel Guru MarkZ [via PDK] I had an interesting conversation with an Iraqi source this afternoon. They said that they are using local currency options in order to pull as much dinar off the streets as possible. Their foreign reserves have a lot of US dollars in them…They also have other currencies from around the region in their foreign currency reserves…so instead of using dinar in their currency auctions they are using those and letting people turn in their dinar for them…people are getting a better than normal exchange rate for them. [post 1 of 2....stay tuned]
7-18-2022 Intel Guru Frank26 Article: "Al-Kazemi's advisor : Iraq will open 3 files at the Saudi summit". OF THE 3 THE FIRST ONE WAS PRIORITY FOR THE GOI AND KAZEMI...THE EXCHANGE RATE OF THEIR CURRENCY...
7-18-2022 Newshound Guru MilitiaMan When there is a need to nullify contracts, fixing contracts, adjusting daily wages and supporting the ration cards. It suggests that they have a change coming, or they wouldn't need to nullify or adjust anything...the likelihood that there is big changes coming on many fronts is quite clear.. imo
7-18-2022 Newshound Guru Pimpy They need to form a government. Right now there's a lot of infighting happening. Any hopes of the Coordinated Framework being able to form any possible government have to include al-Kazemi as prime minister and not allow Maliki in any part of it. Because if they do and I can promise you this if there's a huge uprising this is going to last months. It's going to affect the economy. It's going to effect the security of the country. There's going to be a lot of problems. All this is going to do is delay any possibilities of increasing the rate of the Iraqi dinar...
7-18-2022 Newshound Guru Samson Article: "300 thousand barrels per day .. Iraq is the fourth largest oil exporter to America"
7-18-2022 Intel Guru MarkZ [via PDK] I agree with him [Guru Nader] …things are really heating up! ...When you see Nader excited…I believe there is something to be excited about. [reference Guru Nader's post below] Last week I was hearing to look at mid week this week. This is exactly what is expected. The rumors are they are hoping for a new rate Wednesday or possibly Saturday in Iraq in the Gazette. (remember its all rumors until we have money in our pockets)
7-18-2022 Newshound Guru Kaperoni ...A very good article came out tonight by an advisor to the prime minister. He says there is economic vision to restoring the exchange rate of the dinar. Not by decision, but by real economic reforms, increasing investments in the country. This article confirms what I have been saying...It's always good the hear from officials in Iraq. Having the exchange rate rise based on real reforms and non-oil revenues is how monetary policy should work.. It goes against the idea also of a currency exchange LOP.
7-18-2022 Newshound Guru Tivon Article: "The government is discussing the dollar exchange rate and plans to convert 4 ministries to self-financing". They will by default increase oil revenues once they return the price of the USD. Especially the French oil deal with "Total, who had signed off on a 40% cut of that revenue with the four projects in development. 1:1 will definitely move numbers for everyone involved in Iraq's private sector. We are entering the final phase. You can tell they have been sitting on this information and couldn't wait to share.
7-18-2022 Guru Nader From The Mid East I got the great news for you guys this morning. I received the call around 3 o'clock this morning from my dad. He sent me this news but it's in Arabic...the good news is it's happening. How much? I don't know yet. You should know this week how much. They said they're putting it back. I hope not 1200...I think it's going to happen this week. You'll see the news later on coming out saying one guy of the CBI calling all the investors to come back to Iraq and invest in Iraq because good news they're gonna put back the dinar...
7-18-2022 Newshound Guru butterfly Article: "Iraq is moving to prepare special documents for joining the WTO" Quote: "the importance of Iraq's accession to the organization, as it deserves to be part of the international trade, industrial and economic community, especially since its accession will be part of this international community and can organize its economic and commercial policies, including trade exchange in accordance with international laws that serve it with all concerned parties dealing with it in the future.”
7-17-2022 Intel Guru Frank26 Question: "Do you think banks are the only place to exchange and exchange centers are a myth?" Exchange centers are banks. They're not myths. The myth may be that you're hearing that there's going to be banks that represent Iraq...
7-17-2022 Newshound Guru Sandy Ingram This is what the prime minister said directly to the media - indicators from the world bank confirmed that Iraq has succeeded in getting past the economic crisis. The PM also went on to mention the reform represented by the white papers. For us as investors it doesn't take take a law degree to understand that the existing prime minister has performed well as he had led the country from almost a collapse to stability. Iraq's inclusion in the GCC plus three meeting with President Biden was invited by Saudi Arabia's king...
7-17-2022 Newshound Guru Pimpy Is it possible that there are two rates being kept, one that is available to the public today and another one that lets us know the true value of the Iraqi dinar that is not yet available to the public?
7-17-2022 Newshound Guru Tivon You don't want to end up like these sports players who outsource the entire responsibility...to accountants who end up taking or stealing 60-70% of their earnings...New money brings out predatory parasites...Build your team. From top to bottom you should know what their roles are and how your money is doing under them. The business world is a ruthless place. You basically stepping into the octagon. So please understand that it's all business. Do not make emotional business decisions. [Post 2 of 2]
7-17-2022 Newshound Guru Tivon I hope everyone is ready with the necessary resources to protect their money and also...to grow their wealth...The responsibility lies upon you. Lawyers, Attorneys, Accounts, Investment Advisor, Wealth Management, Consultants, Account Managers. You will have to cultivate business relationships with people who you are going to have to vet...their background...their history with other clients and their success rate. You being busy or claiming to not have time due to work is not going to cut it. [Post 1 of 2....stay tuned]
7-17-2022 Newshound/Intel Guru Walkingstick [via Frank26] Everything is ready at the CBI for the new exchange rate. The only only action right now is the constant recalculations of the barrel of Iraqi oil...What do you think oil is going to get too? ...$150.
7-17-2022 Newshound Guru Samson Article: "Shocking number... How much is the percentage of 'idle money' in Iraq?" Quote: "70% of the money in Iraq is hoarded in homes, that is, idle, and far from the banks that, if invested, would move economic activities, explaining, that "leaving this money away from the banks is a strategic mistake that needs solutions."
7-17-2022 Newshound Guru NORV [aka Guru Kaperoni] The money supply in Iraq has been reduced. No longer 103 trillion, but now 83 trillion. Still an astronomical amount which Iraq could never RV but still some progress. here is the article quote... "Ihsan Shamran: The money printed in Iraq now equals 83 trillion dinars," he is the deputy gov of the CBI.
7-17-2022 Newshound Guru Sandy Ingram This is what the prime minister said directly to the media - indicators from the world bank confirmed that Iraq has succeeded in getting past the economic crisis. The PM also went on to mention the reform represented by the white papers. For us as investors it doesn't take take a law degree to understand that the existing prime minister has performed well as he had led the country from almost a collapse to stability. Iraq's inclusion in the GCC plus three meeting with President Biden was invited by Saudi Arabia's king...
7-17-2022 Newshound Guru Pimpy Is it possible that there are two rates being kept, one that is available to the public today and another one that lets us know the true value of the Iraqi dinar that is not yet available to the public?
7-17-2022 Newshound Guru Tivon You don't want to end up like these sports players who outsource the entire responsibility...to accountants who end up taking or stealing 60-70% of their earnings...New money brings out predatory parasites...Build your team. From top to bottom you should know what their roles are and how your money is doing under them. The business world is a ruthless place. You basically stepping into the octagon. So please understand that it's all business. Do not make emotional business decisions. [Post 2 of 2]
7-17-2022 Newshound Guru Tivon I hope everyone is ready with the necessary resources to protect their money and also...to grow their wealth...The responsibility lies upon you. Lawyers, Attorneys, Accounts, Investment Advisor, Wealth Management, Consultants, Account Managers. You will have to cultivate business relationships with people who you are going to have to vet...their background...their history with other clients and their success rate. You being busy or claiming to not have time due to work is not going to cut it. [Post 1 of 2....stay tuned]
7-17-2022 Newshound/Intel Guru Walkingstick [via Frank26] Everything is ready at the CBI for the new exchange rate. The only only action right now is the constant recalculations of the barrel of Iraqi oil...What do you think oil is going to get too? ...$150.
7-17-2022 Newshound Guru Samson Article: "Shocking number... How much is the percentage of 'idle money' in Iraq?" Quote: "70% of the money in Iraq is hoarded in homes, that is, idle, and far from the banks that, if invested, would move economic activities, explaining, that "leaving this money away from the banks is a strategic mistake that needs solutions."
7-17-2022 Newshound Guru NORV [aka Guru Kaperoni] The money supply in Iraq has been reduced. No longer 103 trillion, but now 83 trillion. Still an astronomical amount which Iraq could never RV but still some progress. here is the article quote... "Ihsan Shamran: The money printed in Iraq now equals 83 trillion dinars," he is the deputy gov of the CBI.
7-16-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Interviews by the advisor to Kazemi are talking about how things are looking great for the economic change to take place and reforms accelerated all do to the white papers... FRANK: ...You know very well that the new exchange rate is in those white papers...Kazemi had a plan. You're watching it unfold.
7-16-2022 Newshound Guru Tivon Article "Parliamentary Finance excludes the existence of a budget for 2022 and explains the reason" ...They do not need the general budget for this year. The EFSL will take care of everything that matters for the citizens and the economy. And whatever funds are leftover from the EFSL can go into the 2023 Budget. So now you can see they have no choice but to pick PM Al-Kazemi for the remainder of the year into the next. Passing a budget would not make an iota of sense. Now they are forced to play a different game.
7-16-2022 Newshound Guru Pimpy So the big question is once the Forex starts trading Iraqi Dinar would $1.71 be approximately the actual rate of the dinar? ...Let's just say for the sake of it that this is going to be close to what the actual rate of the dinar is going to be...to get this particular exchange rate they're going to have to decrease the amount of Iraqi dinars in circulation. That's why we hear so much talk about the deletion of the zeros...
7-16-2022 Intel Guru MarkZ [via PDK] I’m getting fantastic chatter out of Iraq... I’m hearing things look good for this coming Wednesday…including a rate in the Gazette…. I am hearing from all my sources that short of a serious curve…they are pushing for it very soon. I hope this is accurate but we all need to manage our expectations... My redemption people have not been called in today…so I believe this weekend is out…. I really hope to be proven incorrect and get a call to the contrary…but, I am hearing phenomenal things to happen over the next 5 days or so...
7-16-2022 Newshound Guru Samson Article: "Al-Kazemi and his government enter a closed meeting with Biden in Jeddah"
7-16-2022 Newshound Guru Kaperoni Excellent interview tonight posted with the deputy governor of the central bank on Iraq...Ihsan Shamran. He mentions the money printed in Iraq now is 83 trillion dinar. Clearly, one who is reasonable understands there can never be a RV with that much dinar in circulation...Exchange rates are tools used by central banks to counter economic issues such as inflation, economic growth etc. Therefore, any change in the exchange rate would be gradual as the economy grows.
7-16-2022 Newshound Guru Militiaman Article: "Alia Nassif comments on the revenues achieved by customs in Iraq" That 95% oil revenues is going to be batched [matched?] by the borders, liquid natural gas, mining, tourism, etc.. The size of the money flow is going to be staggering. Everyone knows it...
7-16-2022 Newshound Guru Tivon I am showing you why we basically have not seen the exchange rate. They need the Oil & Gas Law in place on a constitutional basis in order to maximize profits for the new exchange rate to mean anything for the overall GDP internationally. This is why the 1:1 out of the gate makes sense. Because of the oil price.
7-16-2022 Intel Guru MarkZ [via PDK] [Any news on Iraq setting their new rate?] Lots of rumors about them setting their rate…on Saturday or possibly next Wednesday are options… There has been leaked information about Christine Lagarde talking about a flipping of the financial system that is supposed to occur on the 21st… I can’t imagine they can keep this under wraps but there really is a lot of chatter from Christine Lagarde on that front...
7-16-2022 Newshound Guru Clare Article: "Framework: Choosing the Prime Minister during the next few days, and we call for a parliamentary session next week urgent"
7-16-2022 Intel Guru Holly ...What we are waiting on has in fact started quite a while ago. They are working through the different tiers. We are not waiting for anything to start. It has started. What we are waiting on is the release at our level...
7-16-2022 Newshound Guru Tivon Article "Parliamentary Finance excludes the existence of a budget for 2022 and explains the reason" ...They do not need the general budget for this year. The EFSL will take care of everything that matters for the citizens and the economy. And whatever funds are leftover from the EFSL can go into the 2023 Budget. So now you can see they have no choice but to pick PM Al-Kazemi for the remainder of the year into the next. Passing a budget would not make an iota of sense. Now they are forced to play a different game.
7-16-2022 Newshound Guru Pimpy So the big question is once the Forex starts trading Iraqi Dinar would $1.71 be approximately the actual rate of the dinar? ...Let's just say for the sake of it that this is going to be close to what the actual rate of the dinar is going to be...to get this particular exchange rate they're going to have to decrease the amount of Iraqi dinars in circulation. That's why we hear so much talk about the deletion of the zeros...
7-16-2022 Intel Guru MarkZ [via PDK] I’m getting fantastic chatter out of Iraq... I’m hearing things look good for this coming Wednesday…including a rate in the Gazette…. I am hearing from all my sources that short of a serious curve…they are pushing for it very soon. I hope this is accurate but we all need to manage our expectations... My redemption people have not been called in today…so I believe this weekend is out…. I really hope to be proven incorrect and get a call to the contrary…but, I am hearing phenomenal things to happen over the next 5 days or so...
7-16-2022 Newshound Guru Samson Article: "Al-Kazemi and his government enter a closed meeting with Biden in Jeddah"
7-16-2022 Newshound Guru Kaperoni Excellent interview tonight posted with the deputy governor of the central bank on Iraq...Ihsan Shamran. He mentions the money printed in Iraq now is 83 trillion dinar. Clearly, one who is reasonable understands there can never be a RV with that much dinar in circulation...Exchange rates are tools used by central banks to counter economic issues such as inflation, economic growth etc. Therefore, any change in the exchange rate would be gradual as the economy grows.
7-16-2022 Newshound Guru Militiaman Article: "Alia Nassif comments on the revenues achieved by customs in Iraq" That 95% oil revenues is going to be batched [matched?] by the borders, liquid natural gas, mining, tourism, etc.. The size of the money flow is going to be staggering. Everyone knows it...
7-16-2022 Newshound Guru Tivon I am showing you why we basically have not seen the exchange rate. They need the Oil & Gas Law in place on a constitutional basis in order to maximize profits for the new exchange rate to mean anything for the overall GDP internationally. This is why the 1:1 out of the gate makes sense. Because of the oil price.
7-16-2022 Intel Guru MarkZ [via PDK] [Any news on Iraq setting their new rate?] Lots of rumors about them setting their rate…on Saturday or possibly next Wednesday are options… There has been leaked information about Christine Lagarde talking about a flipping of the financial system that is supposed to occur on the 21st… I can’t imagine they can keep this under wraps but there really is a lot of chatter from Christine Lagarde on that front...
7-16-2022 Newshound Guru Clare Article: "Framework: Choosing the Prime Minister during the next few days, and we call for a parliamentary session next week urgent"
7-16-2022 Intel Guru Holly ...What we are waiting on has in fact started quite a while ago. They are working through the different tiers. We are not waiting for anything to start. It has started. What we are waiting on is the release at our level...
7-15-2022 Intel Guru MarkZ [via PDK] The phone has been lighting up today about what is expected between now and the 21st as far as disclosure... Some folks are expecting to see a new rate in the Gazette paper tomorrow. Personally I am not. My sources say tomorrow is not the day. They think it is very close…just not tomorrow...in Iraq we are getting pictures of large scale gatherings in the streets... [Eid Al Adha Holiday]... may have something to do with it. I was told that they wanted to release the RV during one of their holidays so they really have something to celebrate. That is very important to them…So I would not be surprised to see it go.
7-15-2022 Newshound Guru Tivon Here is another thing that supports my opinion as far as the CBI waiting to pull the trigger once Al-Kazemi gives the green light. Why do you think he wanted to wait to address the USD rate reduction in the next legislative session? Because the Oil & Gas Law is in the same session.
7-15-2022 Newshound Guru Kaperoni Iraq has two choices with the currency. The first one is if they don't develop the economy as expected they will have no option but to replace the currency (LOP). The second option is to launch the white paper, fully diversify their economy by creating a private sector, foreign investment, etc. Doing so would allow them to float the currency and have it gradually appreciate as the economy grows...
7-15-2022 Newshound Guru Pimpy If you go to...the foreign exchange website and try to look up the IQD which is the Iraqi dinar you can see it says "At this Forex.com does not offer trading in the Iraqi dinar." That means it's still under some types of restrictions. It's not being bought, sold or traded on the Forex...
7-15-2022 Intel Guru MarkZ [via PDK] Not a huge amount of news but a lot of expectation. Nobody with money in their pockets they can spend right now…I am hearing from many sources that they expect to launch tomorrow… I am hearing from other sources they expect to launch the 21st… I think we are going to have a very busy few days with news… There is all kinds of chatter from redemption areas that money is moving…but until I know people with money in their hands I’m not going to get excited... The news has me a bit giddy, but I’m not going to get too excited yet until when I jump up and dance and my pockets go jingle jingle…
7-15-2022 Intel Guru Bruce [via WiserNow] We have it on good authority that Iraq will do their RV...that should mean bring their rate out. Have it officially announced on Friday [today]...we have a certain delegation from the United States that is on their way...to Iraq...getting that as a done deal. This weekend - Totally done deal... We know... Kazemi...is prime minister. He is seated and will be announcing that as Prime Minister [Friday] or Saturday...And it could be very well that the Iraqi dinar rate will make its way finally into the printed gazette Saturday. I really do believe this is going to be the timing for us...
7-15-2022 Intel Guru Frank26 FRANK: What is the confidence? A new government announced. FIREFLY: If it is a solid government and backs the citizens then we feel good for the CBI to change because the environment will be ready...if the same old crooks get all back in there will be no change... FRANK: ...exciting times are right before you... [Post 2 of 2]
7-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Outcome of the formation of the government is what the CBI is waiting for. FRANK: Sit the government down! ...It's a chain reaction. Something has to happen for something else to happen and then for something else to happen and then once all that happens then you got the 3 things...#1...is the exchange rate...The CBI governor is looking for the confidence to give Kazemi the new exchange rate. [Post 1 of 2....stay tuned]
7-15-2022 Newshound Guru MilitiaMan Article: "Three scenarios, two of which are in the interest of Al-Kazemi.. A source from the framework: Al-Maliki withdrew from the candidacy" Three options Two of which are in favor for Al-Kahdimi...The most realistic view imo is that from what I know to be true is that presently the PM has necessary powers that were outlined in the constitution and likely to be in the EFSL / White Papers.
7-15-2022 Newshound Guru Tivon ...Out of all the years we have been in this investment. They decided right after the EFSL was passed to vote on reducing the USD exchange rate? Why? Maybe because if they don't the Oil & Gas Law will not make the big splash in Purchasing Power they are looking for...This is one of the reasons why timing plays a major key ...They need to have both of these ready in conjunction because one can harm the other if acted on prematurely.
7-15-2022 Intel Guru MarkZ [via PDK] [Do we have to have a trust and a EIN to exchange?] No you do not... I have been told explicitly by banking contacts that this is BS…but they suggest everyone learn about trusts for after the RV to protect your wealth. [Always check with your financial professional at the appropriate time]
7-15-2022 Newshound Guru Mnt Goat Article quote: “there are fixed facts on the ground. The exchange rate of the dinar to the dollar follows stability, and it is not arbitrary, but rather a contract between the Central Bank of Iraq and the Ministry of Finance”. ...changing the exchange rate does not “just happen” on a whim by the CBI. No one is mysteriously just going to trigger an RV... Instead, it is a coordinated effort between the GOI and the CBI.
7-15-2022 Newshound Guru Tivon Here is another thing that supports my opinion as far as the CBI waiting to pull the trigger once Al-Kazemi gives the green light. Why do you think he wanted to wait to address the USD rate reduction in the next legislative session? Because the Oil & Gas Law is in the same session.
7-15-2022 Newshound Guru Kaperoni Iraq has two choices with the currency. The first one is if they don't develop the economy as expected they will have no option but to replace the currency (LOP). The second option is to launch the white paper, fully diversify their economy by creating a private sector, foreign investment, etc. Doing so would allow them to float the currency and have it gradually appreciate as the economy grows...
7-15-2022 Newshound Guru Pimpy If you go to...the foreign exchange website and try to look up the IQD which is the Iraqi dinar you can see it says "At this Forex.com does not offer trading in the Iraqi dinar." That means it's still under some types of restrictions. It's not being bought, sold or traded on the Forex...
7-15-2022 Intel Guru MarkZ [via PDK] Not a huge amount of news but a lot of expectation. Nobody with money in their pockets they can spend right now…I am hearing from many sources that they expect to launch tomorrow… I am hearing from other sources they expect to launch the 21st… I think we are going to have a very busy few days with news… There is all kinds of chatter from redemption areas that money is moving…but until I know people with money in their hands I’m not going to get excited... The news has me a bit giddy, but I’m not going to get too excited yet until when I jump up and dance and my pockets go jingle jingle…
7-15-2022 Intel Guru Bruce [via WiserNow] We have it on good authority that Iraq will do their RV...that should mean bring their rate out. Have it officially announced on Friday [today]...we have a certain delegation from the United States that is on their way...to Iraq...getting that as a done deal. This weekend - Totally done deal... We know... Kazemi...is prime minister. He is seated and will be announcing that as Prime Minister [Friday] or Saturday...And it could be very well that the Iraqi dinar rate will make its way finally into the printed gazette Saturday. I really do believe this is going to be the timing for us...
7-15-2022 Intel Guru Frank26 FRANK: What is the confidence? A new government announced. FIREFLY: If it is a solid government and backs the citizens then we feel good for the CBI to change because the environment will be ready...if the same old crooks get all back in there will be no change... FRANK: ...exciting times are right before you... [Post 2 of 2]
7-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Outcome of the formation of the government is what the CBI is waiting for. FRANK: Sit the government down! ...It's a chain reaction. Something has to happen for something else to happen and then for something else to happen and then once all that happens then you got the 3 things...#1...is the exchange rate...The CBI governor is looking for the confidence to give Kazemi the new exchange rate. [Post 1 of 2....stay tuned]
7-15-2022 Newshound Guru MilitiaMan Article: "Three scenarios, two of which are in the interest of Al-Kazemi.. A source from the framework: Al-Maliki withdrew from the candidacy" Three options Two of which are in favor for Al-Kahdimi...The most realistic view imo is that from what I know to be true is that presently the PM has necessary powers that were outlined in the constitution and likely to be in the EFSL / White Papers.
7-15-2022 Newshound Guru Tivon ...Out of all the years we have been in this investment. They decided right after the EFSL was passed to vote on reducing the USD exchange rate? Why? Maybe because if they don't the Oil & Gas Law will not make the big splash in Purchasing Power they are looking for...This is one of the reasons why timing plays a major key ...They need to have both of these ready in conjunction because one can harm the other if acted on prematurely.
7-15-2022 Intel Guru MarkZ [via PDK] [Do we have to have a trust and a EIN to exchange?] No you do not... I have been told explicitly by banking contacts that this is BS…but they suggest everyone learn about trusts for after the RV to protect your wealth. [Always check with your financial professional at the appropriate time]
7-15-2022 Newshound Guru Mnt Goat Article quote: “there are fixed facts on the ground. The exchange rate of the dinar to the dollar follows stability, and it is not arbitrary, but rather a contract between the Central Bank of Iraq and the Ministry of Finance”. ...changing the exchange rate does not “just happen” on a whim by the CBI. No one is mysteriously just going to trigger an RV... Instead, it is a coordinated effort between the GOI and the CBI.
7-14-2022 Newshound Guru Tivon The reason you are not at the bank yet is because they will not enrich us at the expense of their citizens...So how will they protect themselves from the onset of the reinstatement? The Oil & Gas Law... Why would they release the new exchange rate and lose trillions of dollars by not having the HCL in place prior to the reinstatement? ...All they needed was a legal standing to support the move. Now they do thanks to the publication of the EFSL in the Gazette.
7-14-2022 Intel Guru MarkZ [via PDK] This is exactly what we saw in Kuwait and China just before they RV’d. Why would they be printing and letting us know their lower denominations are ready if they have no intention of pulling that trigger. It is not a secret in their markets that they have printed lower denominations. Why do they tell us it will be 3 -5 years? Because they don’t want us to know the timing. Nobody panic. Just keep your eyes on the goal. [post 2 of 2]
7-14-2022 Intel Guru MarkZ [via PDK] We are getting a statement from the CBI yet again that there will be 3-5 years before they change the rate. Nobody Panic….This is what we saw in Kuwait. This is interesting especially since it comes on the heels of them talking their economic reforms and the need to move their currency value up in order to force de-dollarization in the markets. They are sending out absolute bi-polar messages right now which is what we expect in the end. [post 1 of 2....stay tuned]
7-14-2022 Newshound Guru Samson Article: "Iraqi tourists spent more than $100 million in 10 days" Quote: "more than 500 flights were recorded during the first days of the month of Dhul-Hijjah until Eid, adding that more than 100,000 Iraqi tourists left Iraq during this period (excluding pilgrims). He explained that the exchange rate for one tourist, including transportation and accommodation fees, is more than $1,000"
7-14-2022 Intel Guru Frank26 This is from the Deputy Governor...listen carefully to his words. When the economic situation is better he will consider a raise in the exchange rate. That means a seated government ... with laws, a new budget to improve the economic situation which is called the economic reform that can only be improved with a monetary reform first. But the conditions have to be right...we are waiting for the governor of the CBI to feel comfortable and he's telling you he's not comfortable until he sees a seated government under Kazemi. No one else. [Post 2 of 2]
7-14-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI governor himself is being interviewed and he's saying that there's no justification to change the exchange rate. He's saying that the current economic situation does not call for a change and he's looking for confidence...he's saying this could be the rate for another 3 to 5 years...it all depends on the economic situation. FRANK: How's the economic situation? It sucks! Of course you're not going to have an exchange rate. [Post 1 of 2....stay tuned]
7-14-2022 Intel Guru MarkZ [via PDK] Some positive news coming out of Iraq. “Al-Kazemi: Biden must realize the determination of the Iraqi people to solve their own problems” In a nutshell guys – they have made huge progress. Seating the government should be done at any moment-which , we are being told, will allow us to move forward... I believe we are at any moment. There is a lot of chatter from the 16th to the 19th...
7-14-2022 Newshound Guru MilitiaMan ...We know for [from?] the Supreme Judicial Council that the "necessary powers" have been granted to Kahdimi and we see evidence of that with the EFSL published in the Gazette this last week...the CBI has been imo given the green light. They have had stellar reports form the World Bank and IMF in recent past as well.
7-14-2022 Newshound Guru Tivon We got one major obstacle out of the way by having the EFSL published in the Gazette...This is where the Purchasing Power for the citizens lie. Do they have to wait to reinstate until the Oil & Gas Law is done? I wouldn't explicitly say so. But securing this particular law can contribute to the citizens having PP out the gate from the onset of the CBI releasing the rate on the same day or week... Blitz Play coming up. IMO
7-14-2022 Newshound/Intel Guru Mnt Goat What we...wait for is the announcement from the CBI telling us about the exchange process of turning in the higher three zero notes for the lower denominations and how it will all work. NO, this education process HAS NOT yet taken place I can assure you this FACT.
7-14-2022 Intel Guru Bruce [via WiserNow] ...I'm being told that we should...receive notifications in the next couple of days. And I believe our exchanges are to start either Thursday the 14th or Friday the 15th that came from a very, very high up source just today...Stay positive we are getting down to the wire...
7-14-2022 Intel Guru MarkZ [via PDK] This is exactly what we saw in Kuwait and China just before they RV’d. Why would they be printing and letting us know their lower denominations are ready if they have no intention of pulling that trigger. It is not a secret in their markets that they have printed lower denominations. Why do they tell us it will be 3 -5 years? Because they don’t want us to know the timing. Nobody panic. Just keep your eyes on the goal. [post 2 of 2]
7-14-2022 Intel Guru MarkZ [via PDK] We are getting a statement from the CBI yet again that there will be 3-5 years before they change the rate. Nobody Panic….This is what we saw in Kuwait. This is interesting especially since it comes on the heels of them talking their economic reforms and the need to move their currency value up in order to force de-dollarization in the markets. They are sending out absolute bi-polar messages right now which is what we expect in the end. [post 1 of 2....stay tuned]
7-14-2022 Newshound Guru Samson Article: "Iraqi tourists spent more than $100 million in 10 days" Quote: "more than 500 flights were recorded during the first days of the month of Dhul-Hijjah until Eid, adding that more than 100,000 Iraqi tourists left Iraq during this period (excluding pilgrims). He explained that the exchange rate for one tourist, including transportation and accommodation fees, is more than $1,000"
7-14-2022 Intel Guru Frank26 This is from the Deputy Governor...listen carefully to his words. When the economic situation is better he will consider a raise in the exchange rate. That means a seated government ... with laws, a new budget to improve the economic situation which is called the economic reform that can only be improved with a monetary reform first. But the conditions have to be right...we are waiting for the governor of the CBI to feel comfortable and he's telling you he's not comfortable until he sees a seated government under Kazemi. No one else. [Post 2 of 2]
7-14-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI governor himself is being interviewed and he's saying that there's no justification to change the exchange rate. He's saying that the current economic situation does not call for a change and he's looking for confidence...he's saying this could be the rate for another 3 to 5 years...it all depends on the economic situation. FRANK: How's the economic situation? It sucks! Of course you're not going to have an exchange rate. [Post 1 of 2....stay tuned]
7-14-2022 Intel Guru MarkZ [via PDK] Some positive news coming out of Iraq. “Al-Kazemi: Biden must realize the determination of the Iraqi people to solve their own problems” In a nutshell guys – they have made huge progress. Seating the government should be done at any moment-which , we are being told, will allow us to move forward... I believe we are at any moment. There is a lot of chatter from the 16th to the 19th...
7-14-2022 Newshound Guru MilitiaMan ...We know for [from?] the Supreme Judicial Council that the "necessary powers" have been granted to Kahdimi and we see evidence of that with the EFSL published in the Gazette this last week...the CBI has been imo given the green light. They have had stellar reports form the World Bank and IMF in recent past as well.
7-14-2022 Newshound Guru Tivon We got one major obstacle out of the way by having the EFSL published in the Gazette...This is where the Purchasing Power for the citizens lie. Do they have to wait to reinstate until the Oil & Gas Law is done? I wouldn't explicitly say so. But securing this particular law can contribute to the citizens having PP out the gate from the onset of the CBI releasing the rate on the same day or week... Blitz Play coming up. IMO
7-14-2022 Newshound/Intel Guru Mnt Goat What we...wait for is the announcement from the CBI telling us about the exchange process of turning in the higher three zero notes for the lower denominations and how it will all work. NO, this education process HAS NOT yet taken place I can assure you this FACT.
7-14-2022 Intel Guru Bruce [via WiserNow] ...I'm being told that we should...receive notifications in the next couple of days. And I believe our exchanges are to start either Thursday the 14th or Friday the 15th that came from a very, very high up source just today...Stay positive we are getting down to the wire...
7-13-2022 Newshound Guru Tivon Question: "Do you think that the CBI has to wait for the next session after EID to release the rate, or can it be done prior?" Legally I presume a legislative session would be the appropriate time to address something of that nature. According to the Constitution. The CBI is an independent entity. So whoever weilds the power current political power which is Al-Kazemi due to the EFSL can request of the CBI to issue a decision on the rate.
7-13-2022 Newshound Guru Breitling Question: "So if it came out at a dollar...your net proceeds would be approximately $0.98?" Yep...it [the spread taken by the bank/exchanger] will be low. BTW there will be so many people fighting for your currency you could probably get lower than that...like if you keep your money at their bank...they'll exchange it for free...there's going to be a lot of options. They're going to fight for your currency.
7-13-2022 Intel Guru MarkZ [via PDK] [What is your RV window?] Anywhere from 10 minutes ago to August 10th is my window right now. Leaning toward the sooner part...
7-13-2022 Newshound Guru Militiaman Article: "Iraqis hold their breath, waiting for Friday al-Sadr: a new government or a change in the rules of the game" I will bet there will be many fronts this next week that could be very surprising. Maybe even see the dissolution of parliament. EFSL gave "Necessary Powers" to Kahdimi and the White papers were said to be the corner stone if you will from the results of the World Bank and IMF mission in Iraq. The CBI knows that full well and has likely calculated it, as would Sadr too, Kahdimi, Saleh, Allawi, etc. Everyone in the need to know realm.. Knows what to expect now, surprises...
7-13-2022 Newshound/Intel Guru Mnt Goat There was so much more in the news about forming the government...July 15 is a target date for Sadr...if the date passes without a government Sadr is going to change the terms of the process again. ...I believe they will leave Kazemi in place as prime minister and Salih as the president... By leaving Kazemi and Salih in place for another year this could give Iraq the...stability it needs thus the CBI might be able to sell the idea to the IMF and the USA. I do not know for sure how they will decide on this. We will just have to wait and watch it play out.
7-13-2022 Newshound Guru Samson Article: "4 zeros were removed from it.. Iran launches new two-denomination banknotes" Quote: "In the upper part of these banknotes, the zeros are seen in a faint color, while in the lower part of these banknotes they have been completely deleted."
7-13-2022 Intel Guru Frank26 Article: "The Central Bank : There is no future plan that includes changing the exchange rate" ONCE AGAIN THE DEPUTY GOVERNOR OF THE CBI HAS NO AUTHORITY WITH ANY OF THESE WORDS HE IS USING...IMO...THE DEPUTY GOV OF THE CBI IS THE EQUIVALENT TO OUR LIZ CHENEY OR MITT ROMNEY WE HAVE TOLD YOU ONLY PAY ATTENTION TO PM KAZEMI AND GOV MUSTAFA OF THE CBI!...NOW YOU SEE WHY ONLY THESE TWO LEADERS OF IRAQ.
7-13-2022 Intel Guru MarkZ [via PDK] It’s been quiet but not silent. I’m still hearing positive things from redemption areas…In Iraq they are hoping to have the government sat in the next day or two...I’m hearing rate release right after that. That they want the “optics “that things are settled over there before they release it…
7-13-2022 Newshound Guru Tivon We are definitely about to see a monumental change in days...they only have two weeks to act. And they already have their prime player running the show with the EFSL to back him up. Guys we are in the 4th Qtr with 60 left on the clock on the 20 yard line and only down by six...the post game interview from Al-Kazemi will be historic. The citizens have someone who is truly working for them. Now they are finally about to see the fruits of all the things promised.
7-13-2022 Newshound/Intel Guru Mnt Goat ...The CBI is now preparing for the event. They have told us the lower denomination notes are mostly printed (enough to begin the process) as well as the new coins. They are testing now some of the ATMs to ensure they can handle the lower denominations and the programming of them. [post 2 of 2]
7-13-2022 Newshound/Intel Guru Mnt Goat ...I use the term “RV” very loosely as there really is not going to be an RV meaning revaluation of anything. Remember, we are not looking for the “program” exchange rate to revalue...But rather to get the reinstatement of the IQD back on FOREX and the project to delete the zeros will either precede this event or come just after it. But the timing must be perfect. This and only this time we will go to the bank... [post 1 of 2....stay tuned]
7-13-2022 Newshound Guru Kaperoni Many outlets in Iraq are printing a news article today released from the Central Bank of Iraq stating that there is no intention to change the exchange rate and that if it does change, it'll be based on the success of the economy...This type of article is exactly how monetary policy works. A country's currency is never a random act. Only with the success growth of Iraq's economy can the dinar go up in value and more than likely it'll go up gradually over time.
7-13-2022 Newshound Guru Breitling Question: "So if it came out at a dollar...your net proceeds would be approximately $0.98?" Yep...it [the spread taken by the bank/exchanger] will be low. BTW there will be so many people fighting for your currency you could probably get lower than that...like if you keep your money at their bank...they'll exchange it for free...there's going to be a lot of options. They're going to fight for your currency.
7-13-2022 Intel Guru MarkZ [via PDK] [What is your RV window?] Anywhere from 10 minutes ago to August 10th is my window right now. Leaning toward the sooner part...
7-13-2022 Newshound Guru Militiaman Article: "Iraqis hold their breath, waiting for Friday al-Sadr: a new government or a change in the rules of the game" I will bet there will be many fronts this next week that could be very surprising. Maybe even see the dissolution of parliament. EFSL gave "Necessary Powers" to Kahdimi and the White papers were said to be the corner stone if you will from the results of the World Bank and IMF mission in Iraq. The CBI knows that full well and has likely calculated it, as would Sadr too, Kahdimi, Saleh, Allawi, etc. Everyone in the need to know realm.. Knows what to expect now, surprises...
7-13-2022 Newshound/Intel Guru Mnt Goat There was so much more in the news about forming the government...July 15 is a target date for Sadr...if the date passes without a government Sadr is going to change the terms of the process again. ...I believe they will leave Kazemi in place as prime minister and Salih as the president... By leaving Kazemi and Salih in place for another year this could give Iraq the...stability it needs thus the CBI might be able to sell the idea to the IMF and the USA. I do not know for sure how they will decide on this. We will just have to wait and watch it play out.
7-13-2022 Newshound Guru Samson Article: "4 zeros were removed from it.. Iran launches new two-denomination banknotes" Quote: "In the upper part of these banknotes, the zeros are seen in a faint color, while in the lower part of these banknotes they have been completely deleted."
7-13-2022 Intel Guru Frank26 Article: "The Central Bank : There is no future plan that includes changing the exchange rate" ONCE AGAIN THE DEPUTY GOVERNOR OF THE CBI HAS NO AUTHORITY WITH ANY OF THESE WORDS HE IS USING...IMO...THE DEPUTY GOV OF THE CBI IS THE EQUIVALENT TO OUR LIZ CHENEY OR MITT ROMNEY WE HAVE TOLD YOU ONLY PAY ATTENTION TO PM KAZEMI AND GOV MUSTAFA OF THE CBI!...NOW YOU SEE WHY ONLY THESE TWO LEADERS OF IRAQ.
7-13-2022 Intel Guru MarkZ [via PDK] It’s been quiet but not silent. I’m still hearing positive things from redemption areas…In Iraq they are hoping to have the government sat in the next day or two...I’m hearing rate release right after that. That they want the “optics “that things are settled over there before they release it…
7-13-2022 Newshound Guru Tivon We are definitely about to see a monumental change in days...they only have two weeks to act. And they already have their prime player running the show with the EFSL to back him up. Guys we are in the 4th Qtr with 60 left on the clock on the 20 yard line and only down by six...the post game interview from Al-Kazemi will be historic. The citizens have someone who is truly working for them. Now they are finally about to see the fruits of all the things promised.
7-13-2022 Newshound/Intel Guru Mnt Goat ...The CBI is now preparing for the event. They have told us the lower denomination notes are mostly printed (enough to begin the process) as well as the new coins. They are testing now some of the ATMs to ensure they can handle the lower denominations and the programming of them. [post 2 of 2]
7-13-2022 Newshound/Intel Guru Mnt Goat ...I use the term “RV” very loosely as there really is not going to be an RV meaning revaluation of anything. Remember, we are not looking for the “program” exchange rate to revalue...But rather to get the reinstatement of the IQD back on FOREX and the project to delete the zeros will either precede this event or come just after it. But the timing must be perfect. This and only this time we will go to the bank... [post 1 of 2....stay tuned]
7-13-2022 Newshound Guru Kaperoni Many outlets in Iraq are printing a news article today released from the Central Bank of Iraq stating that there is no intention to change the exchange rate and that if it does change, it'll be based on the success of the economy...This type of article is exactly how monetary policy works. A country's currency is never a random act. Only with the success growth of Iraq's economy can the dinar go up in value and more than likely it'll go up gradually over time.
7-12-2022 Newshound Guru Tivon Doesn't matter how many budgets past or present the rate will be a pervasive number throughout all systems that utilizes it for daily transactions. Regardless if a budget exists or not...Whatever current business is going on that's what is going to be calculated. So do not look at the rate as a hot potato jumping from hand to hand. Look at as the tree from which all things grow from no matter how many branches they all share one root which would be the exchange rate... [Post 2 of 2]
7-12-2022 Newshound Guru Tivon Question: [Guru Walkingstick said...the exchange rate is a line item in the budget...how [does] this fit into your theory on the EFSL?] The rate is not a physical thing confined to a folder or binder that moves from hand to hand. That's the major misconception as to why so many people have been confused...thinking that a rate is jumping from budget to budget...The rate is digital. Not physical. The entire financial system as it stands now is based on the exchange rate... [Post 1 of 2....stay tuned]
7-12-2022 Intel Guru Frank26 Article: "OPEC: Iraq is the fourth in the world in oil reserves" AND SOON TO BE NUMBER 1 IN THE MIDDLE EAST WITH THEIR CURRENCY.
7-12-2022 Newshound Guru Samson Article: "Iraq Labour Survey: Key Stats...Earlier this week, Iraq's Ministry of Planning, the Central Statistical Organization (CSO), together with the International Labour Organization (ILO) launched a national Labour Force Survey, the first of its kind to be conducted in Iraq in the last decade. Some key stats: employment rate:16.5% | female unemployment rate: 28.2% | male unemployment rate: 14.7% | youth unemployment rate: 35.8%"
7-12-2022 Intel Guru MarkZ [via PDK] They [Iraq] just want to move forward and the US is in the way of them moving forward with their currency reforms. If it were up to them they [Iraq] would already have it and be done...
7-12-2022 Newshound Guru Clare THE GOV SITUATION HAS TO BE RESOLVED PUBLICALLY ONE WAY OR ANOTHER (AND WE WILL WITNESS IT SOON)...AND THEN THERE WILL BE NO FAILURE WITH THE CITIZENS WITH A NEW EXCHANGE RATE IMO
7-12-2022 Newshound Guru Godlover The efsl will benefit their citizens, not us imo. K [Kazemi] himself said it was designed because of the current situation & the need for a new government & budget. This is coming from the horse's mouth. I just cannot see economic reforms happening with the current state of their country, it just seems too impractical.
7-12-2022 Newshound Guru Tivon People sitting around thinking this is about to drag out for another few weeks or a month. Personally I am expecting this in days...Why would you even suspect for it to go beyond this month without a rate change hypothetically speaking? They already made it clear that the ground work is done. Focus on your investment People. There's nothing else you are waiting outside of what Al-Kazemi just requested. IMO
7-12-2022 Newshound Guru Adam Montana [Adam...could you comment on Iraqs latest political mess and you're take on how this effects the dinar once again when we thought we were so close!] I have been seeing a lot of positives...There's always going to be some level of craziness happening over there, so the main reason most of us are still here is because we've learned to tune out the day-to-day "noise" and remind ourselves what the fundamentals are in this venture.
7-12-2022 Newshound Guru MilitiaMan Article: "The Central Bank: There is no future plan that includes changing the exchange rate" The deputy governor has stated what appears to be this same propaganda on more than one instance this month. Firstly, he is not the CBI Governor... Secondly, there is by far way to many good things going on to not change the exchange rate...they have every intention to bring purchase power to the citizens...I believe this...is smoke...The indicators are large that are still on track to make an exchange rate change. Kahdimi has said it himself...
7-12-2022 Newshound Guru Tivon Question: [Guru Walkingstick said...the exchange rate is a line item in the budget...how [does] this fit into your theory on the EFSL?] The rate is not a physical thing confined to a folder or binder that moves from hand to hand. That's the major misconception as to why so many people have been confused...thinking that a rate is jumping from budget to budget...The rate is digital. Not physical. The entire financial system as it stands now is based on the exchange rate... [Post 1 of 2....stay tuned]
7-12-2022 Intel Guru Frank26 Article: "OPEC: Iraq is the fourth in the world in oil reserves" AND SOON TO BE NUMBER 1 IN THE MIDDLE EAST WITH THEIR CURRENCY.
7-12-2022 Newshound Guru Samson Article: "Iraq Labour Survey: Key Stats...Earlier this week, Iraq's Ministry of Planning, the Central Statistical Organization (CSO), together with the International Labour Organization (ILO) launched a national Labour Force Survey, the first of its kind to be conducted in Iraq in the last decade. Some key stats: employment rate:16.5% | female unemployment rate: 28.2% | male unemployment rate: 14.7% | youth unemployment rate: 35.8%"
7-12-2022 Intel Guru MarkZ [via PDK] They [Iraq] just want to move forward and the US is in the way of them moving forward with their currency reforms. If it were up to them they [Iraq] would already have it and be done...
7-12-2022 Newshound Guru Clare THE GOV SITUATION HAS TO BE RESOLVED PUBLICALLY ONE WAY OR ANOTHER (AND WE WILL WITNESS IT SOON)...AND THEN THERE WILL BE NO FAILURE WITH THE CITIZENS WITH A NEW EXCHANGE RATE IMO
7-12-2022 Newshound Guru Godlover The efsl will benefit their citizens, not us imo. K [Kazemi] himself said it was designed because of the current situation & the need for a new government & budget. This is coming from the horse's mouth. I just cannot see economic reforms happening with the current state of their country, it just seems too impractical.
7-12-2022 Newshound Guru Tivon People sitting around thinking this is about to drag out for another few weeks or a month. Personally I am expecting this in days...Why would you even suspect for it to go beyond this month without a rate change hypothetically speaking? They already made it clear that the ground work is done. Focus on your investment People. There's nothing else you are waiting outside of what Al-Kazemi just requested. IMO
7-12-2022 Newshound Guru Adam Montana [Adam...could you comment on Iraqs latest political mess and you're take on how this effects the dinar once again when we thought we were so close!] I have been seeing a lot of positives...There's always going to be some level of craziness happening over there, so the main reason most of us are still here is because we've learned to tune out the day-to-day "noise" and remind ourselves what the fundamentals are in this venture.
7-12-2022 Newshound Guru MilitiaMan Article: "The Central Bank: There is no future plan that includes changing the exchange rate" The deputy governor has stated what appears to be this same propaganda on more than one instance this month. Firstly, he is not the CBI Governor... Secondly, there is by far way to many good things going on to not change the exchange rate...they have every intention to bring purchase power to the citizens...I believe this...is smoke...The indicators are large that are still on track to make an exchange rate change. Kahdimi has said it himself...
7-11-2022 Intel Guru Frank26 The CBI and Kazemi are both in control of the exchange rate and that's why they CBI is preparing to float the currency and that's why they are meeting with so many entities...
7-11-2022 Newshound Guru Samson Article: "Iraq maintains its position in the ranking of the highest countries in gold reserves" Quote: "this month, Iraq maintained its 40th global position out of the 100 countries listed in the table with the largest gold reserves, reaching 96.4 tons of gold, which represents 8.8% of the rest of its other reserves"
7-11-2022 Newshound Guru Pimpy There's no 'redemption centers'. You have exchange centers if you go to international airports...a lot of times they have where you can go in and buy and sell foreign currency there. You can exchange it. There are some malls out there that actually have a currency exchange store there. But there's no magical redemption centers. There's no 800 numbers. The only 800 number that you should be calling is an actually exchange if you have any questions. Or to an actual bank.
7-11-2022 Intel Guru MarkZ [via PDK] I think this is going to be a very interesting week. I am still hearing very positive news out of Iraq about the impending rate…That they are moving forward with white papers and reforms…they have not given me a timeline. I am waiting for an update.
7-11-2022 Newshound Guru Tivon You heard this from Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. You heard this from Al-Zamili. You heard it from Mazhar M. Saleh. You heard him state that the EFSL will "Move The Wheel of The Economy". Al-Kazemi didn't go through all the trouble of getting the EFSL passed, voted, and published in the Gazette. Then turn around to say to the citizens that do to this or that you guys will have to wait for the budget to get purchasing power...Al-Kazemi is spelling it out... [Post 2 of 2]
7-11-2022 Newshound Guru Tivon Read what Al-Kazemi has stated out of his own mouth. This guy is a chess player. You want to know why he is calling on all political forces to put their energy behind the EFSL? Because he knows they really do not have a choice at this stage to entertain a general budget for this year. The EFSL is basically a supplementary budget and can act as such. [Post 1 of 2....stay tuned]
7-11-2022 Newshound Guru Sandy Ingram Article: "Iraq's central bank sees no reason to change the exchange rate of the dinar currency" ...and has no further plan to do so in the next three to five years, state news agency INA reported on Sunday... citing the deputy governor of the central bank Ammar Khalaf...
7-11-2022 Newshound/Intel Guru Mnt Goat If you are reading all the news articles from Iraq these days about the election, it will drive you crazy. There are obviously many who support bringing back all the corruption and nonsense of Nori al-Maliki days. Unbelievable! Trust me on this one – Maliki will NEVER see the prime minister again!...
7-11-2022 Newshound Guru Samson Article: "Iraq maintains its position in the ranking of the highest countries in gold reserves" Quote: "this month, Iraq maintained its 40th global position out of the 100 countries listed in the table with the largest gold reserves, reaching 96.4 tons of gold, which represents 8.8% of the rest of its other reserves"
7-11-2022 Newshound Guru Pimpy There's no 'redemption centers'. You have exchange centers if you go to international airports...a lot of times they have where you can go in and buy and sell foreign currency there. You can exchange it. There are some malls out there that actually have a currency exchange store there. But there's no magical redemption centers. There's no 800 numbers. The only 800 number that you should be calling is an actually exchange if you have any questions. Or to an actual bank.
7-11-2022 Intel Guru MarkZ [via PDK] I think this is going to be a very interesting week. I am still hearing very positive news out of Iraq about the impending rate…That they are moving forward with white papers and reforms…they have not given me a timeline. I am waiting for an update.
7-11-2022 Newshound Guru Tivon You heard this from Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. You heard this from Al-Zamili. You heard it from Mazhar M. Saleh. You heard him state that the EFSL will "Move The Wheel of The Economy". Al-Kazemi didn't go through all the trouble of getting the EFSL passed, voted, and published in the Gazette. Then turn around to say to the citizens that do to this or that you guys will have to wait for the budget to get purchasing power...Al-Kazemi is spelling it out... [Post 2 of 2]
7-11-2022 Newshound Guru Tivon Read what Al-Kazemi has stated out of his own mouth. This guy is a chess player. You want to know why he is calling on all political forces to put their energy behind the EFSL? Because he knows they really do not have a choice at this stage to entertain a general budget for this year. The EFSL is basically a supplementary budget and can act as such. [Post 1 of 2....stay tuned]
7-11-2022 Newshound Guru Sandy Ingram Article: "Iraq's central bank sees no reason to change the exchange rate of the dinar currency" ...and has no further plan to do so in the next three to five years, state news agency INA reported on Sunday... citing the deputy governor of the central bank Ammar Khalaf...
7-11-2022 Newshound/Intel Guru Mnt Goat If you are reading all the news articles from Iraq these days about the election, it will drive you crazy. There are obviously many who support bringing back all the corruption and nonsense of Nori al-Maliki days. Unbelievable! Trust me on this one – Maliki will NEVER see the prime minister again!...
7-10-2022 Newshound Guru MilitiaMan It shows that he has the powers needed to facilitate the necessary Items that will support the citizens. There is not support I have seen that the seated government is not able to do what is needed. The Finance Minister has the legal authority to allow the CBI to change the exchange rate, when they are ready.. From the sounds of the articles today, they very well may be ready as ever now... [Post 2 of 2]
7-10-2022 Newshound Guru MilitiaMan {Response to Guest Humble1 below} Did you miss the part where the Supreme Judicial Council spelled out the Caretaker Government verbiage is contextual and not implicit? Also that the Prime Minister can be given "necessary powers" in time of war and in emergency circumstances. Emergency Food Security Law was put into law during this past week. [Post 1 of 2....stay tuned]
7-10-2022 Newshound Guru Samson Article: "The Central Bank : There is no future plan that includes changing the exchange rate" Quote: "The Deputy Governor of the Central Bank, Ammar Khalaf, said in a statement to the Iraqi News Agency (INA): “The exchange rate at the present time - in our belief as a monetary authority - there is no justification for changing it...The economic circumstance is the main ruler...”
7-10-2022 Newshound Guru Tivon {Response to Guest Guru Humble1 below} The Budget require the full power of the government. Not the EFSL. Big difference. That's why in the same article they state they either pass the budget (Which They Can't) or put full power behind the EFSL sense it is already in the Gazette and doesn't require a formation of the GOI because Al-Kazemi is cabinet is considered already seated. Why do you think he was able to pass the EFSL without a GOI?
7-10-2022 Newshound Guru Kaperoni What will happen to the dinar has already been clearly documented by the IMF back in 2013. Many didn't believe it, but this is how monetary policy works. There is no RV. If and when the dinar ever goes up in value it will via float based on the economic growth of Iraq's economy.
7-10-2022 Guest Guru Humble1 The GOI has to be seated and fully functioning for a MAJOR CHANGE to occur with the exchange rate, because it will be a monumental task to accomplish, it will change everything in their country and how they operate, we here as investors look at the change as game over, but for Iraq it is step one of a new everything, so all aspects of the government need to be fully in place, a caretaker government will not cut it...the current government does not have the powers to send bills...
7-10-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ ACHIEVES A FINANCIAL SURPLUS OF MORE THAN 15 BILLION DOLLARS IN THE FIRST 5 MONTHS OF 2022" More bragging…still 1/6 of a penny for a dinar…what goes?
7-10-2022 Intel Guru MarkZ [via PDK] [is the dong rate still $2.20...] Still hearing $2.25-$2.30 is the projected rate on the dong….
7-10-2022 Newshound Guru MilitiaMan {Response to Guest Humble1 below} Did you miss the part where the Supreme Judicial Council spelled out the Caretaker Government verbiage is contextual and not implicit? Also that the Prime Minister can be given "necessary powers" in time of war and in emergency circumstances. Emergency Food Security Law was put into law during this past week. [Post 1 of 2....stay tuned]
7-10-2022 Newshound Guru Samson Article: "The Central Bank : There is no future plan that includes changing the exchange rate" Quote: "The Deputy Governor of the Central Bank, Ammar Khalaf, said in a statement to the Iraqi News Agency (INA): “The exchange rate at the present time - in our belief as a monetary authority - there is no justification for changing it...The economic circumstance is the main ruler...”
7-10-2022 Newshound Guru Tivon {Response to Guest Guru Humble1 below} The Budget require the full power of the government. Not the EFSL. Big difference. That's why in the same article they state they either pass the budget (Which They Can't) or put full power behind the EFSL sense it is already in the Gazette and doesn't require a formation of the GOI because Al-Kazemi is cabinet is considered already seated. Why do you think he was able to pass the EFSL without a GOI?
7-10-2022 Newshound Guru Kaperoni What will happen to the dinar has already been clearly documented by the IMF back in 2013. Many didn't believe it, but this is how monetary policy works. There is no RV. If and when the dinar ever goes up in value it will via float based on the economic growth of Iraq's economy.
7-10-2022 Guest Guru Humble1 The GOI has to be seated and fully functioning for a MAJOR CHANGE to occur with the exchange rate, because it will be a monumental task to accomplish, it will change everything in their country and how they operate, we here as investors look at the change as game over, but for Iraq it is step one of a new everything, so all aspects of the government need to be fully in place, a caretaker government will not cut it...the current government does not have the powers to send bills...
7-10-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ ACHIEVES A FINANCIAL SURPLUS OF MORE THAN 15 BILLION DOLLARS IN THE FIRST 5 MONTHS OF 2022" More bragging…still 1/6 of a penny for a dinar…what goes?
7-10-2022 Intel Guru MarkZ [via PDK] [is the dong rate still $2.20...] Still hearing $2.25-$2.30 is the projected rate on the dong….
7-9-2022 Intel Guru Bruce [via WiserNow] Iraq has been on new platform for trading – they call it the Iraq Stock Exchange - they have been on a new version of that since last Sunday – that new version is completely integrated with the Quantum Financial System and totally connected to the Blockchain – to the StarLink Satellite System - So Iraq is totally up to speed on all of that...They have been trading up the value of their Dinar...and it is really moving up – So that is going to be really good for us...so we will see... Iraq has done their thing they are ready to go...
7-9-2022 Newshound Guru Sandy Ingram Some of you are upset at the time it is taking to realize a profit on your investment. Let me ask you a question, when was the last time you paid approximately $1,000 US dollars for 1 million Iraqi dinars with the potential of it turning into $1 million US dollars or even $500,000 US dollars if the rate went to $0.50 or 1 IQD for 1 US dollar? ...this will not happen overnight.
7-9-2022 Newshound/Intel Guru Mnt Goat From what I am seeing from the CBI they will reinstate the dinar prior to the 2022 budget being voted on. The reinstatement will force the passing of the budget with a new rate. They have already based the new budget on the new rate.
7-9-2022 Newshound Guru Kaperoni Guru Tivon claims next week Iraq will raise the exchange rate after Parliament had signed a petition to do so. They can sign all the petitions they want, the CBI is in charge of monetary policy and there will be no change in the exchange rate in the near future.
7-9-2022 Intel Guru MarkZ [via PDK] We are still getting confirmations of more folks (whales/groups) hitting the ground in redemption areas...One group is hopeful for the weekend while the rest of them are looking at the very beginning of the week…I believe we are awfully close, but we all have to find a little patience here…
7-9-2022 Newshound Guru Tivon ...This is probably the main reason why we have not seen a rate change. The Oil & Gas Law file once ended for good can change the course of everything in a very short period. That's why I think Al-Kazemi was/is waiting for the opportune time to reduce the USD price so that purchasing power can be established from the onset of the Oil & Gas Law being completely under Iraq's control. [Post 2 of 2]
7-9-2022 Newshound Guru Tivon Article: "It Is Expected That Dozens Of Laws Will Be Passed During The Next Legislative Term" I told you guys that Al-Kazemi was lining up the bowling pins...positioning himself for a Blitz play. He is about to go all out. Why? Because the EFSL has "Citizens Entitlements". And that is based on the Oil & Gas Law... [Post 1 of 2....stay tuned]
7-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They keep showing Kazemi speech asking for the rate to return to 1200. FRANK: Are you absolutely sure it's Kazemi? FIREFLY: Well we didn't see him but they said it was from Kazemi. FRANK: ...Only Mustafa from the CBI can make the types of announcements so stop worrying...besides it's actually a positive thing...the CBI does not want a 1 to 1 with the American dollar so it is possible that the 1200 will allow the Dinar to float at $1.20 and be unpegged from the American dollar...
7-9-2022 Newshound Guru Samson Article: "It Is Expected That Dozens Of Laws Will Be Passed During The Next Legislative Term" Quote: "the political differences are less compared to the previous parliamentary sessions, which enhances the hope of enacting laws, especially the budget for the next year, and even the introduction of the oil and gas law to end the file of selling the oil of the Kurdistan region of Iraq."
7-9-2022 Intel Guru Wolverine Guys we are very close now...Get ready to put on your seatbelts on as we will be going to warp speed anytime...
7-9-2022 Newshound Guru Sandy Ingram Some of you are upset at the time it is taking to realize a profit on your investment. Let me ask you a question, when was the last time you paid approximately $1,000 US dollars for 1 million Iraqi dinars with the potential of it turning into $1 million US dollars or even $500,000 US dollars if the rate went to $0.50 or 1 IQD for 1 US dollar? ...this will not happen overnight.
7-9-2022 Newshound/Intel Guru Mnt Goat From what I am seeing from the CBI they will reinstate the dinar prior to the 2022 budget being voted on. The reinstatement will force the passing of the budget with a new rate. They have already based the new budget on the new rate.
7-9-2022 Newshound Guru Kaperoni Guru Tivon claims next week Iraq will raise the exchange rate after Parliament had signed a petition to do so. They can sign all the petitions they want, the CBI is in charge of monetary policy and there will be no change in the exchange rate in the near future.
7-9-2022 Intel Guru MarkZ [via PDK] We are still getting confirmations of more folks (whales/groups) hitting the ground in redemption areas...One group is hopeful for the weekend while the rest of them are looking at the very beginning of the week…I believe we are awfully close, but we all have to find a little patience here…
7-9-2022 Newshound Guru Tivon ...This is probably the main reason why we have not seen a rate change. The Oil & Gas Law file once ended for good can change the course of everything in a very short period. That's why I think Al-Kazemi was/is waiting for the opportune time to reduce the USD price so that purchasing power can be established from the onset of the Oil & Gas Law being completely under Iraq's control. [Post 2 of 2]
7-9-2022 Newshound Guru Tivon Article: "It Is Expected That Dozens Of Laws Will Be Passed During The Next Legislative Term" I told you guys that Al-Kazemi was lining up the bowling pins...positioning himself for a Blitz play. He is about to go all out. Why? Because the EFSL has "Citizens Entitlements". And that is based on the Oil & Gas Law... [Post 1 of 2....stay tuned]
7-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They keep showing Kazemi speech asking for the rate to return to 1200. FRANK: Are you absolutely sure it's Kazemi? FIREFLY: Well we didn't see him but they said it was from Kazemi. FRANK: ...Only Mustafa from the CBI can make the types of announcements so stop worrying...besides it's actually a positive thing...the CBI does not want a 1 to 1 with the American dollar so it is possible that the 1200 will allow the Dinar to float at $1.20 and be unpegged from the American dollar...
7-9-2022 Newshound Guru Samson Article: "It Is Expected That Dozens Of Laws Will Be Passed During The Next Legislative Term" Quote: "the political differences are less compared to the previous parliamentary sessions, which enhances the hope of enacting laws, especially the budget for the next year, and even the introduction of the oil and gas law to end the file of selling the oil of the Kurdistan region of Iraq."
7-9-2022 Intel Guru Wolverine Guys we are very close now...Get ready to put on your seatbelts on as we will be going to warp speed anytime...
7-8-2022 Newshound Guru Tivon [Community Question] "The efsl was published...and no one is going to the bank...what are we possibly waiting for IYO?" 100 Deputies signed off on reducing the USD exchange rate at the earliest legislative session which takes place next week...Nobody told you that the publication on the exact same day would see a rate change. They need to be in session for that. Which takes place after the holiday...
7-8-2022 Intel Guru MarkZ [via PDK] My phone has been lit up from banking contacts that say we need to be in place and ready...I am hoping we will see action soon.
7-8-2022 Newshound Guru Walkingstick [via Frank26] The Minister of Finance is not in the position to announce any rate change. The announcement will strictly come from Mustafa given to Kazemi for the government.
7-8-2022 Intel Guru Bruce [via WiserNow] I heard today from one of our contacts in Iraq that the Dinar will be international – the international rate for the Dinar will be posted in the Gazette – which is their official document – the Gazette and printed this Saturday...That’s a really good sign – it shows that Iraq is definitely moving forward... it is going up and probably will exceed what Dr Shabibi predicted the value of the Dinar to be at the United States Chamber of Commerce meeting of 2012...
7-8-2022 Newshound Guru Kaperoni ...Triggered by oil revenues and the Balassa-Samuelson effect, to accommodate real exchange rate appreciation while keeping domestic inflation low...since that report in 2013, you can see they are desperately trying to create a diverse economy/private sector. Therefore, it is obvious this is the direction they are headed. I do not see any change in the dinar until such has been accomplished. [Post 2 of 2]
7-8-2022 Newshound Guru Kaperoni Paraphrasing from the IMF Article XIV, the IMF would like Iraq to create the conditions (a diverse economy) which would make possible a move to a more flexible exchange rate policy (float). Doing so would allow a predictable and gradual appreciation of the exchange rate... [Post 1 of 2....stay tuned]
7-8-2022 Intel Guru Frank26 Article: "Market Review: Supplementary Budget Stabilises the Market" READ THIS ARTICLE CAREFULLY
BECAUSE IT'S THE BLUEPRINT OF THE MONETARY REFORM.
7-8-2022 Intel Guru MarkZ [via PDK] ...there is phenomenal chatter as they are moving and putting whales into position...we are in a heightened stage right now. I am very hopeful…maybe we are in the last week??? Really hoping things are accurate this time.
7-8-2022 Newshound Guru Tivon Article: "Market Review: Supplementary Budget Stabilises the Market" What an Article. I read this with a big smile...This is why...Al-Kazemi is going to exercise his "Emergency Powers" and give the citizens what they want...Al-Kazemi will not wait on this [A new GOI] because the emergency law requires him to address everything affecting the citizens independently of what is happening with the political impasse...What more do you want? They are spelling it out that there is a current government seated now. And what they do today another future government can pick up on once it is formed. Sounds like a plan to me.
7-8-2022 Newshound Guru Clare Article: "Market Review: Supplementary Budget Stabilises the Market" Quote "the "Emergency Food Security Support" bill, has its origins in demands by parliament for extra spending measures in response to public anger over the increased cost of living, and to public pressure for the government to translate the sharply rising oil revenues into public expenditures."
7-8-2022 Newshound/Intel Guru Mnt Goat Article: "CITIGROUP WARNS OF A COLLAPSE IN OIL TO $ 65 BY THE END OF 2022" ...an article by a JPMorgan analysts warning on Sunday, that oil prices could jump to $380 a barrel...by year end. So then we see in today’s article telling us oil could drop to $63 by years end. Who is correct? Why such drastic variations in the predictions? Do they even know? So we see the instability it the market. Can Iraq also deal with it and take advantage of the high prices while they last? Right now is a great window for the reinstatement but they must get this government in order first.
7-8-2022 Newshound Guru NORV [aka Guru Kaperoni] My belief is they will float the dinar. They are spending to much time trying to create a market economy.
7-8-2022 Intel Guru MarkZ [via PDK] My phone has been lit up from banking contacts that say we need to be in place and ready...I am hoping we will see action soon.
7-8-2022 Newshound Guru Walkingstick [via Frank26] The Minister of Finance is not in the position to announce any rate change. The announcement will strictly come from Mustafa given to Kazemi for the government.
7-8-2022 Intel Guru Bruce [via WiserNow] I heard today from one of our contacts in Iraq that the Dinar will be international – the international rate for the Dinar will be posted in the Gazette – which is their official document – the Gazette and printed this Saturday...That’s a really good sign – it shows that Iraq is definitely moving forward... it is going up and probably will exceed what Dr Shabibi predicted the value of the Dinar to be at the United States Chamber of Commerce meeting of 2012...
7-8-2022 Newshound Guru Kaperoni ...Triggered by oil revenues and the Balassa-Samuelson effect, to accommodate real exchange rate appreciation while keeping domestic inflation low...since that report in 2013, you can see they are desperately trying to create a diverse economy/private sector. Therefore, it is obvious this is the direction they are headed. I do not see any change in the dinar until such has been accomplished. [Post 2 of 2]
7-8-2022 Newshound Guru Kaperoni Paraphrasing from the IMF Article XIV, the IMF would like Iraq to create the conditions (a diverse economy) which would make possible a move to a more flexible exchange rate policy (float). Doing so would allow a predictable and gradual appreciation of the exchange rate... [Post 1 of 2....stay tuned]
7-8-2022 Intel Guru Frank26 Article: "Market Review: Supplementary Budget Stabilises the Market" READ THIS ARTICLE CAREFULLY
BECAUSE IT'S THE BLUEPRINT OF THE MONETARY REFORM.
7-8-2022 Intel Guru MarkZ [via PDK] ...there is phenomenal chatter as they are moving and putting whales into position...we are in a heightened stage right now. I am very hopeful…maybe we are in the last week??? Really hoping things are accurate this time.
7-8-2022 Newshound Guru Tivon Article: "Market Review: Supplementary Budget Stabilises the Market" What an Article. I read this with a big smile...This is why...Al-Kazemi is going to exercise his "Emergency Powers" and give the citizens what they want...Al-Kazemi will not wait on this [A new GOI] because the emergency law requires him to address everything affecting the citizens independently of what is happening with the political impasse...What more do you want? They are spelling it out that there is a current government seated now. And what they do today another future government can pick up on once it is formed. Sounds like a plan to me.
7-8-2022 Newshound Guru Clare Article: "Market Review: Supplementary Budget Stabilises the Market" Quote "the "Emergency Food Security Support" bill, has its origins in demands by parliament for extra spending measures in response to public anger over the increased cost of living, and to public pressure for the government to translate the sharply rising oil revenues into public expenditures."
7-8-2022 Newshound/Intel Guru Mnt Goat Article: "CITIGROUP WARNS OF A COLLAPSE IN OIL TO $ 65 BY THE END OF 2022" ...an article by a JPMorgan analysts warning on Sunday, that oil prices could jump to $380 a barrel...by year end. So then we see in today’s article telling us oil could drop to $63 by years end. Who is correct? Why such drastic variations in the predictions? Do they even know? So we see the instability it the market. Can Iraq also deal with it and take advantage of the high prices while they last? Right now is a great window for the reinstatement but they must get this government in order first.
7-8-2022 Newshound Guru NORV [aka Guru Kaperoni] My belief is they will float the dinar. They are spending to much time trying to create a market economy.
7-7-2022 Newshound Guru Breitling Question "What is the rate the banks will charge?" They're only allowed to charge a certain percentage... 2% to 3% something like that. Where people were getting confused is they were buying dinar from the brokers and the brokers can charge anything they want. Banks are a little bit different...
7-7-2022 Intel Guru MarkZ [via PDK] I am getting a lot of reports from whales in different redemption areas that are being asked to come back and stay. This started happening earlier today. They are being asked ...to stay no matter how long it takes because we are that close and will be minute to minute... In Iraq- We have some announcements and hopefully it will make the press tomorrow. But a number of the ministers are being sat in Iraq. It would be better for the citizens and their upcoming holiday if things move quickly.
7-7-2022 Newshound Guru Tivon Now that we have a new legislative session coming up next week. It brings me back to what Al-Kazemi...When he mentioned the USD reduction price. He was very clear as to what he requested of his cabinet. And he has not come out to backtrack on any of his statements. The man had 100 Deputies sign to support his agenda at the earliest time possible...obviously Al-Kazemi wants to alleviate the conditions of his citizens as soon as any viable allotted time.
7-7-2022 Newshound Guru Kaperoni ...Multiple currency practice...has nothing to do with dual currencies, it has to do with different exchange rates for the same item within the country.
7-7-2022 Newshound Guru MilitiaMan Article: "The Iraq Stock Exchange launches a platform for trading shares of undisclosed companies" Now we know that the EFSL is done...It is likely the main conduit for the Reforms to get up and running in earnest asap...The taxes and tariffs, customs fees, e-governance issues are all in place imo and ready for the adjustment to a new exchange rate. The EFSL having been published is likely the trigger for this trading platform to get running...
7-7-2022 Newshound Guru Pimpy ...Maliki becoming the prime minister of Iraq - You're going to see civil unrest, protest, clashes like you've never seen before. You're going to see Iran get involved...they're going to be going in the wrong direction...if you are an investor into the Iraqi dinar and Maliki makes it to prime minister this is not going to go well...
7-7-2022 Intel Guru MarkZ [via PDK] on the RV front it is still very quiet. That is not bad news right now. I am being told to watch it play out. There is a lot happening this week. They are putting the food and security law into effect in Iraq. We are told this is a big piece. May have HCL law and rates in it…it is very encouraging. As of this morning in Iraq the rate has not changed yet. I have spoken with folks on the ground in the country...no new rate yet. Are they extremely hopeful for soon? Heck yes.
7-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We see the U.S. senator was here...talking to Halabusi and Kazemi and he was asking for Iraq to speed up the reforms. FRANK: WHAT!?! That's not what the article said Lindsey [Graham] was talking about! So Lindsay comes to Iraq and tells Kazemi to speed up the reforms and tells Mustafa of the CBI to speed up the reforms. That's interesting.
7-7-2022 Newshound Guru Tivon ...Gradually reducing as opposed to instantly overnight is not something I'm personally concerned about because how long is this gradual process before purchasing power or parity is established? Is it according to the fluctuations in the market in terms of price stability? Because they have enough hard currency reserves to combat this smoothly. Is it a week? A month? Two months? Starting it in early July is something that should not be overlooked. Because Supply & Demand is what will drive the price. That will come with fluctuations.
7-7-2022 Newshound/Intel Guru Mnt Goat The news this period coming out of Iraq is all about the formation of the new government...Once again, I am telling you that the CBI is waiting for the government to be formed but it must be a government for the people, by the people...So here we sit and must wait for the government of Iraq to be formed. The outcome of this process will determine the next stage.
7-7-2022 Newshound Guru Breitling Question "can you give us an update as what you found out concerning the exchange rate range that we might be expecting?" Between $0.50 and $0.60.
7-7-2022 Intel Guru MarkZ [via PDK] I am getting a lot of reports from whales in different redemption areas that are being asked to come back and stay. This started happening earlier today. They are being asked ...to stay no matter how long it takes because we are that close and will be minute to minute... In Iraq- We have some announcements and hopefully it will make the press tomorrow. But a number of the ministers are being sat in Iraq. It would be better for the citizens and their upcoming holiday if things move quickly.
7-7-2022 Newshound Guru Tivon Now that we have a new legislative session coming up next week. It brings me back to what Al-Kazemi...When he mentioned the USD reduction price. He was very clear as to what he requested of his cabinet. And he has not come out to backtrack on any of his statements. The man had 100 Deputies sign to support his agenda at the earliest time possible...obviously Al-Kazemi wants to alleviate the conditions of his citizens as soon as any viable allotted time.
7-7-2022 Newshound Guru Kaperoni ...Multiple currency practice...has nothing to do with dual currencies, it has to do with different exchange rates for the same item within the country.
7-7-2022 Newshound Guru MilitiaMan Article: "The Iraq Stock Exchange launches a platform for trading shares of undisclosed companies" Now we know that the EFSL is done...It is likely the main conduit for the Reforms to get up and running in earnest asap...The taxes and tariffs, customs fees, e-governance issues are all in place imo and ready for the adjustment to a new exchange rate. The EFSL having been published is likely the trigger for this trading platform to get running...
7-7-2022 Newshound Guru Pimpy ...Maliki becoming the prime minister of Iraq - You're going to see civil unrest, protest, clashes like you've never seen before. You're going to see Iran get involved...they're going to be going in the wrong direction...if you are an investor into the Iraqi dinar and Maliki makes it to prime minister this is not going to go well...
7-7-2022 Intel Guru MarkZ [via PDK] on the RV front it is still very quiet. That is not bad news right now. I am being told to watch it play out. There is a lot happening this week. They are putting the food and security law into effect in Iraq. We are told this is a big piece. May have HCL law and rates in it…it is very encouraging. As of this morning in Iraq the rate has not changed yet. I have spoken with folks on the ground in the country...no new rate yet. Are they extremely hopeful for soon? Heck yes.
7-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We see the U.S. senator was here...talking to Halabusi and Kazemi and he was asking for Iraq to speed up the reforms. FRANK: WHAT!?! That's not what the article said Lindsey [Graham] was talking about! So Lindsay comes to Iraq and tells Kazemi to speed up the reforms and tells Mustafa of the CBI to speed up the reforms. That's interesting.
7-7-2022 Newshound Guru Tivon ...Gradually reducing as opposed to instantly overnight is not something I'm personally concerned about because how long is this gradual process before purchasing power or parity is established? Is it according to the fluctuations in the market in terms of price stability? Because they have enough hard currency reserves to combat this smoothly. Is it a week? A month? Two months? Starting it in early July is something that should not be overlooked. Because Supply & Demand is what will drive the price. That will come with fluctuations.
7-7-2022 Newshound/Intel Guru Mnt Goat The news this period coming out of Iraq is all about the formation of the new government...Once again, I am telling you that the CBI is waiting for the government to be formed but it must be a government for the people, by the people...So here we sit and must wait for the government of Iraq to be formed. The outcome of this process will determine the next stage.
7-7-2022 Newshound Guru Breitling Question "can you give us an update as what you found out concerning the exchange rate range that we might be expecting?" Between $0.50 and $0.60.
7-6-2022 Newshound Guru Petra IMF compliance under Article 8 requires a single currency practice..aka...IQD only for international trade and transfer. The impact of the change, IMO, cannot be gradual as then at what point is the IQD more attractive to the USD? We are not only awaiting a rate but also Article 8 "FULL" compliance specifically to their currency play. So, not sure a gradual rate will work as people need a reason to change and "Shock and Awe" may be what is necessary to get people to change from USD to IQD...
7-6-2022 Intel Guru MarkZ [via PDK] Some of the biggest news today in Iraq is finding out the Food Security Law was posted in the Gazette today. This now makes it an official law. Now we see if they move forward. There are many rumors that we could have rates as early as tomorrow morning…but I think that’s premature and a little early. I am hopeful I am wrong...Things are really ramping up as to what we are hearing...
7-6-2022 Newshound Guru Sandy Ingram Article: "Russia muscles in on Indian oil market at expense of OPEC titans" This is something I have never seen before - OPEC being openly crossed by one of its own members...Russia is on track this month to send slightly more oil to India than Iraq...the bottom line is Iraq is not able to sell more oil and increase its revenues because Russia is supplying cheaper oil to India...
7-6-2022 Intel Guru Frank26 Article: "Al-Maliki's Coalition: The 2022 Budget Will Not Go Ahead Without Returning The Price Of The Dollar" Maliki changes his song about the exchange rate because he is a chronic liar! This article is the complete opposite of what he has been saying just to survive in Iraq ...
7-6-2022 Intel Guru Bruce [via WiserNow] ...we’re looking very possible for something to happen for us over the next 3 days...I think we are in a 3 day window...I think it could be that we are right smack against it – I even heard one source say that this could happen any minute... So I’m encouraged because I know we are that close... [Post 2 of 2]
7-6-2022 Intel Guru Bruce [via WiserNow] Iraq’s new dinar and their government seating and the dinar is ready – was put on a new platform and the ISX – Iraq Stock Exchange - went to a new platform that is connected to the QFS – that happened I understand – either Saturday or Sunday...The government of Iraq was seated over the weekend - so they are ready to go – Is the rate out yet? We don’t have the rate...we know what it was when it first came on... [post 1 of 2....stay tuned]
7-6-2022 Newshound Guru Pimpy The kind of chatter that's going on in Iraq is not the kind that we want to hear...Maliki wants to be prime minister of Iraq...If Maliki gets the prime minister spot this is all bad because he will team up with the people that you don't want him to team up with, such as China and Russia...As an Iraqi dinar investor this is probably something you don't want to be dealing with...Maliki becoming the prime minister of Iraq.
7-6-2022 Newshound Guru Tivon Article: "Food Security Law Comes into Force" Now we are working with something. Do you guys remember what Mazhar M. Saleh stated back on June 8th 2022? He said the EFSL will move the wheels of the Iraqi economy correct?
7-6-2022 Newshound Guru Samson Article: "Food Security Law Comes into Force" Quote: "The Iraqi Gazette published the Emergency Support Law for Food Security and Development. After its publication in the Official Gazette, the law will have entered into force..."
7-6-2022 Guest Guru Suzie ...For the monetary reform/new exchange rate to appear Iraq NEEDS to be fully article 8 compliant which they are not, and they need a fully seated Government which they don't, and the new EFSL as we all know has not appeared in the Gazette as of yet even tho' the 15 days has passed. Even being "hooked" up globally, the AMF, etc, atm's in place, their gold reserves and everything else points to the fact they're ready and supposedly moving quickly, they still have to have what I've mentioned IMO...
7-6-2022 Intel Guru MarkZ [via PDK] RV news remains very quiet as we watch the existing financial system around the world implode...
7-6-2022 Newshound/Intel Guru Mnt Goat Two articles in today’s news...brags about the amount of Iraqi gold and the CBI reserves. Why are they doing this? ...the rate of the dinar is now 1/6 of a penny and still under the program rate/currency auctions with all this wealth. It must change.
7-6-2022 Intel Guru MarkZ [via PDK] Some of the biggest news today in Iraq is finding out the Food Security Law was posted in the Gazette today. This now makes it an official law. Now we see if they move forward. There are many rumors that we could have rates as early as tomorrow morning…but I think that’s premature and a little early. I am hopeful I am wrong...Things are really ramping up as to what we are hearing...
7-6-2022 Newshound Guru Sandy Ingram Article: "Russia muscles in on Indian oil market at expense of OPEC titans" This is something I have never seen before - OPEC being openly crossed by one of its own members...Russia is on track this month to send slightly more oil to India than Iraq...the bottom line is Iraq is not able to sell more oil and increase its revenues because Russia is supplying cheaper oil to India...
7-6-2022 Intel Guru Frank26 Article: "Al-Maliki's Coalition: The 2022 Budget Will Not Go Ahead Without Returning The Price Of The Dollar" Maliki changes his song about the exchange rate because he is a chronic liar! This article is the complete opposite of what he has been saying just to survive in Iraq ...
7-6-2022 Intel Guru Bruce [via WiserNow] ...we’re looking very possible for something to happen for us over the next 3 days...I think we are in a 3 day window...I think it could be that we are right smack against it – I even heard one source say that this could happen any minute... So I’m encouraged because I know we are that close... [Post 2 of 2]
7-6-2022 Intel Guru Bruce [via WiserNow] Iraq’s new dinar and their government seating and the dinar is ready – was put on a new platform and the ISX – Iraq Stock Exchange - went to a new platform that is connected to the QFS – that happened I understand – either Saturday or Sunday...The government of Iraq was seated over the weekend - so they are ready to go – Is the rate out yet? We don’t have the rate...we know what it was when it first came on... [post 1 of 2....stay tuned]
7-6-2022 Newshound Guru Pimpy The kind of chatter that's going on in Iraq is not the kind that we want to hear...Maliki wants to be prime minister of Iraq...If Maliki gets the prime minister spot this is all bad because he will team up with the people that you don't want him to team up with, such as China and Russia...As an Iraqi dinar investor this is probably something you don't want to be dealing with...Maliki becoming the prime minister of Iraq.
7-6-2022 Newshound Guru Tivon Article: "Food Security Law Comes into Force" Now we are working with something. Do you guys remember what Mazhar M. Saleh stated back on June 8th 2022? He said the EFSL will move the wheels of the Iraqi economy correct?
7-6-2022 Newshound Guru Samson Article: "Food Security Law Comes into Force" Quote: "The Iraqi Gazette published the Emergency Support Law for Food Security and Development. After its publication in the Official Gazette, the law will have entered into force..."
7-6-2022 Guest Guru Suzie ...For the monetary reform/new exchange rate to appear Iraq NEEDS to be fully article 8 compliant which they are not, and they need a fully seated Government which they don't, and the new EFSL as we all know has not appeared in the Gazette as of yet even tho' the 15 days has passed. Even being "hooked" up globally, the AMF, etc, atm's in place, their gold reserves and everything else points to the fact they're ready and supposedly moving quickly, they still have to have what I've mentioned IMO...
7-6-2022 Intel Guru MarkZ [via PDK] RV news remains very quiet as we watch the existing financial system around the world implode...
7-6-2022 Newshound/Intel Guru Mnt Goat Two articles in today’s news...brags about the amount of Iraqi gold and the CBI reserves. Why are they doing this? ...the rate of the dinar is now 1/6 of a penny and still under the program rate/currency auctions with all this wealth. It must change.
7-5-2022 Newshound Guru Tivon Article "An Economist Confirms The Inability At The Present Time To Reduce The Exchange Rate Of The Dollar" ...The reason I think we are seeing continuous articles as to why they can't reduce the USD price is because Al-Kazemi has not been officially approved or voted on to run the country...They are nervous because they are not sure Mailiki is not officially out of power...As long as he appears to still have his foot in the race they will be hesitant to cause any upheaval.
7-5-2022 Newshound Guru Deepwoodz Article: "Al-Maliki's Coalition: The 2022 Budget Will Not Go Ahead Without Returning The Price Of The Dollar" Here we have for the third time, an article from the Maliki team...
Keep in mind his only desire is to keep Iraq at a program rate. 1200 is truly no better than 1460 and he knows that very well...When Maliki says go back to the previous, he definitely doesn’t mean the PREVIOUS ERA.
7-5-2022 Newshound Guru Pimpy We are hearing a ton of rumors and that's not just from one source...These are just rumors. There's a lot of talk that Iraq is going into the gold standard but first thing they need to reduce the amount of Iraqi dinar currency in circulation which is good for us. The last thing you want to hear is that there's too much Iraqi dinar out there they're going to go ahead and replace it with new currency ...Let them destroy the amount of currency that's in circulation. The lower that number becomes the more valuable their currency becomes. Think supply and demand.
7-5-2022 Newshound Guru Sandy Ingram Article "Russia may be India's biggest crude supplier in June, a historic first" Russian oil is on pace to account for 21% of all imports into India shrinking the shares of Iraqi and U.S. crude oil exports into India.
7-5-2022 Intel Guru Frank26 Article: "Iraq is the first in the Arab world and the sixth globally with the highest growth rate of GDP in 2022" GDP EQUALS GREAT DINAR POTENTIAL.
7-5-2022 Intel Guru MarkZ [via PDK] Question: ...do you think we close to the RV? My sources still think any minute to mid July. But we don’t control the timing.
7-5-2022 Newshound Guru Godlover [Response to Guru Tivon below] Article "A parliamentary bloc moves to lower the dollar exchange rate" The article speaks of a gradual reduction of the exchange rate. They as well mentioned going back to the previous era, something that numerous articles had mentioned...the previous exchange rate, although not my definition of an "era", was1200...Personally, with their political impasse & still so much corruption...I look for a new seated government & then we see where that takes us.
7-5-2022 Intel Guru RayRen98 Several banks sources are collaborating the expectation of exchange activity this week. Iraqi contacts, Treasury and Federal Reserve sources are stating the same expectation. Time Will Tell...!
7-5-2022 Newshound Guru Kaperoni Al-Maliki insists he is the best candidate for prime minister. Iraqis need to wake up he is as corrupt as it gets! Say no! ...Until there is a new government formed without al-Maliki, and Parliament passes over a 100 stalled laws, that can be no significant change in Iraq's economy.
7-5-2022 Newshound Guru Militiaman The wheels of the Iraq Economic bus must go round and round. The playing field is imo about level now. Not much left to be exposed except the CBI showing us a new exchange rate to make those wheels spin freely around the world...imo.
7-5-2022 Newshound Guru Tivon Article: "A parliamentary bloc moves to lower the dollar exchange rate" Well this is what we were waiting on. I wonder what the starting rate will be? Internally they can gradually reduce the rate of the USD. Externally raising the IQD rate in the open market is another story. Are both being done in conjunction until parity is complete[?]...The EFSL is definitely going to benefit. But they are so hush hush about it.
7-5-2022 Intel Guru MarkZ [via PDK] Article: “Iraqi central bank denies rumors of change to dinar-dollar rate” We knew we would start seeing this close to the end. They try to cloud the information. Nothing would make them happier than for all of you guys to give up and sell your dinar back to a dealer. That would make their day. So right now they are doing exactly what we expected them to do in the final days. [post 2 of 2]
7-5-2022 Intel Guru MarkZ [via PDK] The news is all over the place coming out of Iraq. Which is exactly what we saw in Kuwait and exactly what we saw in China during their last revaluation. This is exactly what we expected to start seeing. Article: “The Central Bank of Iraq: The exchange rate cannot be changed and this is the size of the gold and currency reserves” They talk about how great things are over there and then they deny these rumors…They have to deny these rumors. This is their job. This is compartmentalized. They are doing their best to suck as much dinar off the streets as they can here at the end. [post 1 of 2....stay tuned]
7-5-2022 Newshound Guru Deepwoodz Article: "Al-Maliki's Coalition: The 2022 Budget Will Not Go Ahead Without Returning The Price Of The Dollar" Here we have for the third time, an article from the Maliki team...
Keep in mind his only desire is to keep Iraq at a program rate. 1200 is truly no better than 1460 and he knows that very well...When Maliki says go back to the previous, he definitely doesn’t mean the PREVIOUS ERA.
7-5-2022 Newshound Guru Pimpy We are hearing a ton of rumors and that's not just from one source...These are just rumors. There's a lot of talk that Iraq is going into the gold standard but first thing they need to reduce the amount of Iraqi dinar currency in circulation which is good for us. The last thing you want to hear is that there's too much Iraqi dinar out there they're going to go ahead and replace it with new currency ...Let them destroy the amount of currency that's in circulation. The lower that number becomes the more valuable their currency becomes. Think supply and demand.
7-5-2022 Newshound Guru Sandy Ingram Article "Russia may be India's biggest crude supplier in June, a historic first" Russian oil is on pace to account for 21% of all imports into India shrinking the shares of Iraqi and U.S. crude oil exports into India.
7-5-2022 Intel Guru Frank26 Article: "Iraq is the first in the Arab world and the sixth globally with the highest growth rate of GDP in 2022" GDP EQUALS GREAT DINAR POTENTIAL.
7-5-2022 Intel Guru MarkZ [via PDK] Question: ...do you think we close to the RV? My sources still think any minute to mid July. But we don’t control the timing.
7-5-2022 Newshound Guru Godlover [Response to Guru Tivon below] Article "A parliamentary bloc moves to lower the dollar exchange rate" The article speaks of a gradual reduction of the exchange rate. They as well mentioned going back to the previous era, something that numerous articles had mentioned...the previous exchange rate, although not my definition of an "era", was1200...Personally, with their political impasse & still so much corruption...I look for a new seated government & then we see where that takes us.
7-5-2022 Intel Guru RayRen98 Several banks sources are collaborating the expectation of exchange activity this week. Iraqi contacts, Treasury and Federal Reserve sources are stating the same expectation. Time Will Tell...!
7-5-2022 Newshound Guru Kaperoni Al-Maliki insists he is the best candidate for prime minister. Iraqis need to wake up he is as corrupt as it gets! Say no! ...Until there is a new government formed without al-Maliki, and Parliament passes over a 100 stalled laws, that can be no significant change in Iraq's economy.
7-5-2022 Newshound Guru Militiaman The wheels of the Iraq Economic bus must go round and round. The playing field is imo about level now. Not much left to be exposed except the CBI showing us a new exchange rate to make those wheels spin freely around the world...imo.
7-5-2022 Newshound Guru Tivon Article: "A parliamentary bloc moves to lower the dollar exchange rate" Well this is what we were waiting on. I wonder what the starting rate will be? Internally they can gradually reduce the rate of the USD. Externally raising the IQD rate in the open market is another story. Are both being done in conjunction until parity is complete[?]...The EFSL is definitely going to benefit. But they are so hush hush about it.
7-5-2022 Intel Guru MarkZ [via PDK] Article: “Iraqi central bank denies rumors of change to dinar-dollar rate” We knew we would start seeing this close to the end. They try to cloud the information. Nothing would make them happier than for all of you guys to give up and sell your dinar back to a dealer. That would make their day. So right now they are doing exactly what we expected them to do in the final days. [post 2 of 2]
7-5-2022 Intel Guru MarkZ [via PDK] The news is all over the place coming out of Iraq. Which is exactly what we saw in Kuwait and exactly what we saw in China during their last revaluation. This is exactly what we expected to start seeing. Article: “The Central Bank of Iraq: The exchange rate cannot be changed and this is the size of the gold and currency reserves” They talk about how great things are over there and then they deny these rumors…They have to deny these rumors. This is their job. This is compartmentalized. They are doing their best to suck as much dinar off the streets as they can here at the end. [post 1 of 2....stay tuned]
7-4-2022 Newshound Guru Pimpy Article: "The Central Bank of Iraq: The exchange rate cannot be changed, and this is the size of the gold and currency reserves" Another article talking about the Iraqi exchange rate. This might not be anything other than the fact that they just keep reminding people that the exchange rate is not going to change. But it is kind of hard not to remember what happened over there in Kuwait when they told everybody it would be years and then turn around and did the rate change the next day...
7-4-2022 Newshound Guru Sandy Ingram Article: "Russia's Middle East Footprint Expands With New Iran-Iraq Plan" the withdrawal of Al-Sadr's group from the Iraqi government COULD open the door for Moscow...
7-4-2022 Newshound/Intel Guru Walkingstick [via Frank26] As far as the budget maybe coming out in October, remember the rate is not waiting on the budget. The budget is waiting on the rate...what is needed is a seated government for all of this to come together.
7-4-2022 Newshound Guru Samson Article: "Al-Kazemi: Failure to pass the budget leads to a delay of about 10 years in providing services in Iraq" Quote: "in 2020, we did not have a budget, and in the following year 2021 the budget was available, and now in 2022 there is no budget, so how can the government work and provide the best without Budget?"
7-4-2022 Newshound Guru Kaperoni ...Guru Pimpy says Iraq is not going to replace the dinar...Not true, this is exactly what they're talking about ..issuing a new Iraqi dinar replacing the old.
7-4-2022 Newshound Guru Breitling Question "What does Iraq need to do to add value to their currency?" ...They don't need to do anything...what specifically Iraq is going to have to do is sit there and watch the energy markets. See who goes where. Their markets can expand if they expand to China...but guess what Iraq wants to do? They want China to trade in their own currency and so they have to have the currency up and going to be able to do that...It's hard to predict the day but everyone knows they're going to do it.
7-4-2022 Guru Nader From The Mid East The budget I think they'll pass it by next month. I don't know if the exchange rate it it's in or not. I have no idea.
7-4-2022 Intel Guru MarkZ [via PDK] ...I am still hearing fantastic things and that we are on the cusp of it…. RV within days or up to at the most a couple of weeks. They are confident we are at the end and I think they are accurate based on what I am seeing around the world in financial markets…
7-4-2022 Newshound Guru Tivon So in that sense a parliamentary session would be the time & place to issue a legal decision regarding the reduction in the USD price...apparently they can not (House of Representatives) distribute any funds because Hakim Al-Zamili even stated that he will take up everything with the relevant authorities once the EFSL is published in the Gazette. Which is MIA... you should keep an eye out for the official publication. [Post 2 of 2]
7-4-2022 Newshound Guru Tivon What did Al-Kazemi say to his cabinet? That he wanted at the earliest session to address the issue of reducing the USD rate against the IQD right? So why would we expect anything prior? He said this on June 23rd...We got a heads up on a potential timeline for a change in the rate. Between now and then I am looking for the Gazette announcement. [Post 1 of 2....stay tuned]
7-4-2022 Intel Guru Frank26 Article: "The Central Bank raises the financing needed for its development initiatives to 18 trillion dinars" THE CBI HAS TO FLOOD THE STREETS...WITH THE NSCN's NOW!
7-4-2022 Intel Guru MarkZ [via PDK] [When has an RV ever happened before?] ...to everyone who says it doesn’t happen this way…Iraq has revalued their currency 3 times in the last 100 years. Also Germany and Japan RV’s after World War 2...I have also mentioned Kuwait... There are many countries who have revalued throughout history…
7-4-2022 Newshound/Intel Guru Mnt Goat ...Let’s look at the steps of currency reform playing out: 1. They completed the banking reforms, 2. They hooked the banking and financial sector into the global financial sector (updating technology), 3. they conduct the reinstatement and the project to delete the zeros, 4. they can then limit the money supply, end the inflation and back most of their dinar with gold. Yes, gold backed and much more than is even required by the Basil requirements. Oh – but the dinar is just 1/6 of a penny? Why they constantly bragging so much? Are they prepping the outside world to get invested in Iraq in the near future?
7-4-2022 Newshound Guru Sandy Ingram Article: "Russia's Middle East Footprint Expands With New Iran-Iraq Plan" the withdrawal of Al-Sadr's group from the Iraqi government COULD open the door for Moscow...
7-4-2022 Newshound/Intel Guru Walkingstick [via Frank26] As far as the budget maybe coming out in October, remember the rate is not waiting on the budget. The budget is waiting on the rate...what is needed is a seated government for all of this to come together.
7-4-2022 Newshound Guru Samson Article: "Al-Kazemi: Failure to pass the budget leads to a delay of about 10 years in providing services in Iraq" Quote: "in 2020, we did not have a budget, and in the following year 2021 the budget was available, and now in 2022 there is no budget, so how can the government work and provide the best without Budget?"
7-4-2022 Newshound Guru Kaperoni ...Guru Pimpy says Iraq is not going to replace the dinar...Not true, this is exactly what they're talking about ..issuing a new Iraqi dinar replacing the old.
7-4-2022 Newshound Guru Breitling Question "What does Iraq need to do to add value to their currency?" ...They don't need to do anything...what specifically Iraq is going to have to do is sit there and watch the energy markets. See who goes where. Their markets can expand if they expand to China...but guess what Iraq wants to do? They want China to trade in their own currency and so they have to have the currency up and going to be able to do that...It's hard to predict the day but everyone knows they're going to do it.
7-4-2022 Guru Nader From The Mid East The budget I think they'll pass it by next month. I don't know if the exchange rate it it's in or not. I have no idea.
7-4-2022 Intel Guru MarkZ [via PDK] ...I am still hearing fantastic things and that we are on the cusp of it…. RV within days or up to at the most a couple of weeks. They are confident we are at the end and I think they are accurate based on what I am seeing around the world in financial markets…
7-4-2022 Newshound Guru Tivon So in that sense a parliamentary session would be the time & place to issue a legal decision regarding the reduction in the USD price...apparently they can not (House of Representatives) distribute any funds because Hakim Al-Zamili even stated that he will take up everything with the relevant authorities once the EFSL is published in the Gazette. Which is MIA... you should keep an eye out for the official publication. [Post 2 of 2]
7-4-2022 Newshound Guru Tivon What did Al-Kazemi say to his cabinet? That he wanted at the earliest session to address the issue of reducing the USD rate against the IQD right? So why would we expect anything prior? He said this on June 23rd...We got a heads up on a potential timeline for a change in the rate. Between now and then I am looking for the Gazette announcement. [Post 1 of 2....stay tuned]
7-4-2022 Intel Guru Frank26 Article: "The Central Bank raises the financing needed for its development initiatives to 18 trillion dinars" THE CBI HAS TO FLOOD THE STREETS...WITH THE NSCN's NOW!
7-4-2022 Intel Guru MarkZ [via PDK] [When has an RV ever happened before?] ...to everyone who says it doesn’t happen this way…Iraq has revalued their currency 3 times in the last 100 years. Also Germany and Japan RV’s after World War 2...I have also mentioned Kuwait... There are many countries who have revalued throughout history…
7-4-2022 Newshound/Intel Guru Mnt Goat ...Let’s look at the steps of currency reform playing out: 1. They completed the banking reforms, 2. They hooked the banking and financial sector into the global financial sector (updating technology), 3. they conduct the reinstatement and the project to delete the zeros, 4. they can then limit the money supply, end the inflation and back most of their dinar with gold. Yes, gold backed and much more than is even required by the Basil requirements. Oh – but the dinar is just 1/6 of a penny? Why they constantly bragging so much? Are they prepping the outside world to get invested in Iraq in the near future?
7-3-2022 Newshound Guru Kaperoni ...A news article came out quoting from the State of Law coalition that al-Maliki more than likely will be there candidate for prime minister...this is not good!
7-3-2022 Newshound Guru Jeff Article: "The Central Bank of Iraq: The exchange rate cannot be changed, and this is the size of the gold and currency reserves" The way all this works is...before they can approve budget for the whole year of '22 they would have had to have change the exchange rate first..the rate has to be positioned and in place before the budget can get approved. Iraq has not done a budget for this year nor have they adjusted the exchange rate now you have the #2 man at the central bank telling you they have no intentions at this time of adjusting their exchange rate...none of this news you're seeing is truthful right here...
7-3-2022 Newshound Guru Tivon Article: "The Central Bank of Iraq: The exchange rate cannot be changed, and this is the size of the gold and currency reserves" Always pay attention to the last few statements when they start off so bold. They always dismiss everything they say once they refer to other authorities...The guy just denounced his own position or ineligibility once he stated "The Ruler, has the power to decide when to change the exchange rate." Ask yourself who is the Ruler? Al-Kazemi? Mustafa Galeh? Barham Salih? Because...none of the three have come out and supported any other statements when the exchange rate will be changed.
7-3-2022 Intel Guru Frank26 Article: "The Central Bank of Iraq: The exchange rate cannot be changed, and this is the size of the gold and currency reserves" THE DEPUTY GOV OF THE CBI...IS NOT IN CONTROL OF THE EXCHANGE RATE.
7-3-2022 Newshound Guru Pimpy ...A bunch of talk between people who deal with currencies. It's just rumors...The people I'm getting the information from as credible as they are it always makes me reluctant when there's nothing that I can use to validate what is being said. They have had a major increase in their gold reserves. That's a major major step...if you start seeing that the Iraqi government is indeed doing whatever it takes to reduce the amount of Iraqi dinars in circulation then you know that the rumor is true - that they are heading in the direction in which they want a gold backed currency. [Post 2 of 2]
7-3-2022 Newshound Guru Pimpy ...The rumor is Iraq is thinking about going to the gold standard which would be huge. But one of the things they want to do is they have to find a way to start lowering the number of dinars that are in circulation. The good news is that they're not going to replace the dinar which is the biggest fear. But what they're looking to do is reduce the amount in circulation. I have not heard how that's going to happen. [Post 1 of 2....stay tuned]
7-3-2022 Newshound Guru Sandy Ingram "Iraq Ranked 30th in the World And Fourth In The Arab World With Central Bank Gold Reserves" The Central Bank of Iraq has quietly been buying more gold for Iraq...The Central Bank of Iraq has moved up 10 spots on the table of countries with the most gold reserves...Iraq said in a statement that the purchase of new quantities of gold is an increase of 35%...
7-3-2022 Intel Guru MarkZ [via PDK] [...does Vietnam have to wait for Iraq to rv, or can they go on their own?] they could go on their own. They would just have to go at a lower value than they would like but still could make a substantial change whenever.
7-3-2022 Newshound/Intel Guru Mnt Goat "AL-HIKMA TALKS ABOUT A FUTURE GOVERNMENT COMMITTEE TO DEAL WITH THE PRICE OF THE DOLLAR" Remember that if the price of the dollar is reduced the price of the dinar increases...
7-3-2022 Newshound Guru Jeff Article: "The Central Bank of Iraq: The exchange rate cannot be changed, and this is the size of the gold and currency reserves" The way all this works is...before they can approve budget for the whole year of '22 they would have had to have change the exchange rate first..the rate has to be positioned and in place before the budget can get approved. Iraq has not done a budget for this year nor have they adjusted the exchange rate now you have the #2 man at the central bank telling you they have no intentions at this time of adjusting their exchange rate...none of this news you're seeing is truthful right here...
7-3-2022 Newshound Guru Tivon Article: "The Central Bank of Iraq: The exchange rate cannot be changed, and this is the size of the gold and currency reserves" Always pay attention to the last few statements when they start off so bold. They always dismiss everything they say once they refer to other authorities...The guy just denounced his own position or ineligibility once he stated "The Ruler, has the power to decide when to change the exchange rate." Ask yourself who is the Ruler? Al-Kazemi? Mustafa Galeh? Barham Salih? Because...none of the three have come out and supported any other statements when the exchange rate will be changed.
7-3-2022 Intel Guru Frank26 Article: "The Central Bank of Iraq: The exchange rate cannot be changed, and this is the size of the gold and currency reserves" THE DEPUTY GOV OF THE CBI...IS NOT IN CONTROL OF THE EXCHANGE RATE.
7-3-2022 Newshound Guru Pimpy ...A bunch of talk between people who deal with currencies. It's just rumors...The people I'm getting the information from as credible as they are it always makes me reluctant when there's nothing that I can use to validate what is being said. They have had a major increase in their gold reserves. That's a major major step...if you start seeing that the Iraqi government is indeed doing whatever it takes to reduce the amount of Iraqi dinars in circulation then you know that the rumor is true - that they are heading in the direction in which they want a gold backed currency. [Post 2 of 2]
7-3-2022 Newshound Guru Pimpy ...The rumor is Iraq is thinking about going to the gold standard which would be huge. But one of the things they want to do is they have to find a way to start lowering the number of dinars that are in circulation. The good news is that they're not going to replace the dinar which is the biggest fear. But what they're looking to do is reduce the amount in circulation. I have not heard how that's going to happen. [Post 1 of 2....stay tuned]
7-3-2022 Newshound Guru Sandy Ingram "Iraq Ranked 30th in the World And Fourth In The Arab World With Central Bank Gold Reserves" The Central Bank of Iraq has quietly been buying more gold for Iraq...The Central Bank of Iraq has moved up 10 spots on the table of countries with the most gold reserves...Iraq said in a statement that the purchase of new quantities of gold is an increase of 35%...
7-3-2022 Intel Guru MarkZ [via PDK] [...does Vietnam have to wait for Iraq to rv, or can they go on their own?] they could go on their own. They would just have to go at a lower value than they would like but still could make a substantial change whenever.
7-3-2022 Newshound/Intel Guru Mnt Goat "AL-HIKMA TALKS ABOUT A FUTURE GOVERNMENT COMMITTEE TO DEAL WITH THE PRICE OF THE DOLLAR" Remember that if the price of the dollar is reduced the price of the dinar increases...
7-2-2022 Intel Guru MarkZ [via PDK] Article: “Including Iraq, The World Gold Council reveals the reserves of the Arab countries of the yellow metal” in this article they are talking about the rankings- and they give Iraq #6 …but they have recently added to their gold holdings making them now #4 in wealthiest countries in gold holdings in the entire region… I find this article interesting because we just had one out of Iraq this week that they had upped their gold holdings to 130 metric tons… You have to ask yourself “Why this enormous jump from #6 to #4? What is the driving factor there?
7-2-2022 Intel Guru Frank26 Question: "Do you think they have to get rid of all the corruption first [Before the rate change/RV?" Of course not. You're never going to get rid of the corruption. Never...the key is look where it's at now. Controlled...
7-2-2022 Intel Guru Bruce [via WiserNow] The rate is out but we do not know what it is – some of our bankers have seen it – some know that it is trading – we do know that – it’s probably traded up to what they wanted it to be now – not a concern – it’s happening...
7-2-2022 Newshound Guru Walkingstick [via Frank26] Why go through all the accounting they have gone through over the last 6 months to change the rate back to 1200? That would be pointless. The CBI has done all the necessary steps to float and educate the citizens and the other banks around the world about the new exchange rate. Parliament can demand all they want but it is only the CBI's responsibly and only the CBI that has the power to change anything for the GOI...they take action on behalf of the GOI.
7-2-2022 Newshound Guru Samson Article "The Central Bank: The assets of the banking sector grew by 21% in two years" Quote "He added, "Accounts doubled to more than 7 million open bank accounts, as well as electronic payment cards, which rose from 10 million to more than 14 million cards, and ATMs increased to more than 1,500 machines and points of sale to more than 7,000..."
7-2-2022 Newshound Guru Godlover [Response to Guru Tivon below] Article: "A large sum of money was seized in the possession of a
foreign passenger at Najaf Airport" If he was/is following what K says or does, then he should have known that the current government is trying to set up for the next government for this person to even be able to exchange. Likely several months too early.
7-2-2022 Intel Guru MarkZ [via PDK] The last 36 hours has been very, very quiet…It’s like we hit a “silence” wall. Hopefully that is a good thing and we will soon wake up to a new world…just manage your expectations right now because it is just that quiet...
7-2-2022 Newshound Guru Pimpy Hearing some very very very interesting rumors regarding the Iraqi dinar. I'm not sure how much credence I should give to what I'm hearing. It's all speculative and rumor but this is a lot of chitter chatter going on amongst those who deal in currencies. Iraq has been making a very strong power move in the gold area. The speculators are saying that that has something to do with a move that Iraq is about to make that includes the gold reserves that they have been increasing...
7-2-2022 Intel Guru Bruce [via WiserNow] I think we are finally hearing from Iraq...that they will be seating their government – their Parliament – their Prime Minister – President...this weekend...
7-2-2022 Intel Guru Frank26 Question: "Do you think they have to get rid of all the corruption first [Before the rate change/RV?" Of course not. You're never going to get rid of the corruption. Never...the key is look where it's at now. Controlled...
7-2-2022 Intel Guru Bruce [via WiserNow] The rate is out but we do not know what it is – some of our bankers have seen it – some know that it is trading – we do know that – it’s probably traded up to what they wanted it to be now – not a concern – it’s happening...
7-2-2022 Newshound Guru Walkingstick [via Frank26] Why go through all the accounting they have gone through over the last 6 months to change the rate back to 1200? That would be pointless. The CBI has done all the necessary steps to float and educate the citizens and the other banks around the world about the new exchange rate. Parliament can demand all they want but it is only the CBI's responsibly and only the CBI that has the power to change anything for the GOI...they take action on behalf of the GOI.
7-2-2022 Newshound Guru Samson Article "The Central Bank: The assets of the banking sector grew by 21% in two years" Quote "He added, "Accounts doubled to more than 7 million open bank accounts, as well as electronic payment cards, which rose from 10 million to more than 14 million cards, and ATMs increased to more than 1,500 machines and points of sale to more than 7,000..."
7-2-2022 Newshound Guru Godlover [Response to Guru Tivon below] Article: "A large sum of money was seized in the possession of a
foreign passenger at Najaf Airport" If he was/is following what K says or does, then he should have known that the current government is trying to set up for the next government for this person to even be able to exchange. Likely several months too early.
7-2-2022 Intel Guru MarkZ [via PDK] The last 36 hours has been very, very quiet…It’s like we hit a “silence” wall. Hopefully that is a good thing and we will soon wake up to a new world…just manage your expectations right now because it is just that quiet...
7-2-2022 Newshound Guru Pimpy Hearing some very very very interesting rumors regarding the Iraqi dinar. I'm not sure how much credence I should give to what I'm hearing. It's all speculative and rumor but this is a lot of chitter chatter going on amongst those who deal in currencies. Iraq has been making a very strong power move in the gold area. The speculators are saying that that has something to do with a move that Iraq is about to make that includes the gold reserves that they have been increasing...
7-2-2022 Intel Guru Bruce [via WiserNow] I think we are finally hearing from Iraq...that they will be seating their government – their Parliament – their Prime Minister – President...this weekend...
7-1-2022 Intel Guru MarkZ [via PDK] I can tell you that anytime in the past the countries that revalued their currencies and had large denomination bills…they were given a certain time period in which you have to redeem them before they are considered worthless…If you want to hang on to them…it’s up to you…but if they tell you in 90 days (example) those notes are worthless…you may have time to hang on to them for a bit to see if the rate increases… it all depends on how much you want to gamble.
7-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Bank friend just talked about the ATMs and they are a sign of things that will be coming...they have not heard about when the lower notes are coming but that's a big topic relating to the new ATMs. FRANK: [Firefly's] bank friend tells him the NSCN are associated/connected/bonded to the new ATMs...it can not get any more exciting than this...
7-1-2022 Intel Guru Bruce [via WiserNow] ...the concept that we’ve had of having Christmas in July appears to be something this year that could finally take effect...I did get word that did come from Wells Fargo that we are supposed to have a great week next week...I believe we are going to get something starting probably on the 5th - Tuesday... Tues / Wed looks very promising... with the information that we’re getting it “appears” that everything is ready to go...
7-1-2022 Guru Nader From The Mid East Article in Arabic translation - This is really serious. This thing says that the exchange rate they wanna change that..they're not talking about the... 3 to 1 or $.60 to 1. They're talking about 1200...this is Kazemi who wants to change the rate...I don't want this to happen. If it's like this I want it to stay at 1460...you're gonna put it back at 1200 you'd be very confused...if he changed it now it's gonna take at least a year, two years, or three years more to reinstate the dinar. I hope he doesn't make a bad decision...If he does that he's gotta go. He's not for the people...
7-1-2022 Intel Guru MarkZ [via PDK] It has been exceptionally quiet on the RV front...There is so much disinformation going on right now...Buckle up guys…we are in the heat of the battle. We really are suffering from the “fog of war” right now... the only real news we have today is from Iraq. “The Central Bank takes binding measures to combat money laundering in Iraq” I am told the goal is for them to make one more last grab of what they consider to be illegal dinar before they pull the trigger for the dinar revaluation. This kinda makes sense.
7-1-2022 Newshound Guru Tivon Article: "A large sum of money was seized in the possession of a foreign passenger at Najaf Airport" There is no way he wasn't privy to the announcement made by Al-Kazemi in regards to changing the USD exchange rate some days ago. That would be the only reason I could think of as to the timing of his scheme.
7-1-2022 Newshound/Intel Guru Walkingstick [via Frank26] They are moving at a very fast pace...compared to all the wasted years in the past...they are defending the monetary reform with a new world rate for the Iraqi dinar...Their currency is soon to be convertible...it will float outside the country with a managed/controlled exchange rate by the CBI. The rates will be bouncing all over the markets as the IQD is used internationally to buy, sell trade - all giving the NSCN more security, more stability...
7-1-2022 Newshound Guru Militiaman Article: "The emergency support law enters into force .. Will the government challenge it?" Interesting they tell us today that the ESFL made entry into force. One day after a publishing day for the gazette...Saturday is another publish day for the gazette...I see this article as being an indicator... Possibly a very telling one.
7-1-2022 Intel Guru MarkZ [via PDK] [July 1st is a very realistic day as it starts a new quarter….] Not sure that it matters but it’s also a long 3 day weekend. This is one of the things they said was preferential for pulling the trigger. Doesn’t mean they are going to…. It’s just something that could be a sign.
7-1-2022 Newshound/Intel Guru Mnt Goat There are many articles today...on changing the exchange rate...They are talking about changing the rate back to the pre-devaluation rate of Dec 2020. This is not what we are looking for. In today’s news the minister for finance does explain the “anything is possible”. He also tells us originally, they wanted this new devalued rate for 3 years. Now since oil rose so high and the CBI reserve levels have been met (over the expectations even) that they will have to reconsider this move...
7-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Bank friend just talked about the ATMs and they are a sign of things that will be coming...they have not heard about when the lower notes are coming but that's a big topic relating to the new ATMs. FRANK: [Firefly's] bank friend tells him the NSCN are associated/connected/bonded to the new ATMs...it can not get any more exciting than this...
7-1-2022 Intel Guru Bruce [via WiserNow] ...the concept that we’ve had of having Christmas in July appears to be something this year that could finally take effect...I did get word that did come from Wells Fargo that we are supposed to have a great week next week...I believe we are going to get something starting probably on the 5th - Tuesday... Tues / Wed looks very promising... with the information that we’re getting it “appears” that everything is ready to go...
7-1-2022 Guru Nader From The Mid East Article in Arabic translation - This is really serious. This thing says that the exchange rate they wanna change that..they're not talking about the... 3 to 1 or $.60 to 1. They're talking about 1200...this is Kazemi who wants to change the rate...I don't want this to happen. If it's like this I want it to stay at 1460...you're gonna put it back at 1200 you'd be very confused...if he changed it now it's gonna take at least a year, two years, or three years more to reinstate the dinar. I hope he doesn't make a bad decision...If he does that he's gotta go. He's not for the people...
7-1-2022 Intel Guru MarkZ [via PDK] It has been exceptionally quiet on the RV front...There is so much disinformation going on right now...Buckle up guys…we are in the heat of the battle. We really are suffering from the “fog of war” right now... the only real news we have today is from Iraq. “The Central Bank takes binding measures to combat money laundering in Iraq” I am told the goal is for them to make one more last grab of what they consider to be illegal dinar before they pull the trigger for the dinar revaluation. This kinda makes sense.
7-1-2022 Newshound Guru Tivon Article: "A large sum of money was seized in the possession of a foreign passenger at Najaf Airport" There is no way he wasn't privy to the announcement made by Al-Kazemi in regards to changing the USD exchange rate some days ago. That would be the only reason I could think of as to the timing of his scheme.
7-1-2022 Newshound/Intel Guru Walkingstick [via Frank26] They are moving at a very fast pace...compared to all the wasted years in the past...they are defending the monetary reform with a new world rate for the Iraqi dinar...Their currency is soon to be convertible...it will float outside the country with a managed/controlled exchange rate by the CBI. The rates will be bouncing all over the markets as the IQD is used internationally to buy, sell trade - all giving the NSCN more security, more stability...
7-1-2022 Newshound Guru Militiaman Article: "The emergency support law enters into force .. Will the government challenge it?" Interesting they tell us today that the ESFL made entry into force. One day after a publishing day for the gazette...Saturday is another publish day for the gazette...I see this article as being an indicator... Possibly a very telling one.
7-1-2022 Intel Guru MarkZ [via PDK] [July 1st is a very realistic day as it starts a new quarter….] Not sure that it matters but it’s also a long 3 day weekend. This is one of the things they said was preferential for pulling the trigger. Doesn’t mean they are going to…. It’s just something that could be a sign.
7-1-2022 Newshound/Intel Guru Mnt Goat There are many articles today...on changing the exchange rate...They are talking about changing the rate back to the pre-devaluation rate of Dec 2020. This is not what we are looking for. In today’s news the minister for finance does explain the “anything is possible”. He also tells us originally, they wanted this new devalued rate for 3 years. Now since oil rose so high and the CBI reserve levels have been met (over the expectations even) that they will have to reconsider this move...
6-30-2022 Intel Guru MarkZ [via PDK] I have not seen an update in timing…but most of my folks are looking for something spectacular to happen the first week in July...
6-30-2022 Newshound Guru Godlover The EFSL was created to get them through the current crises & to give their citizens immediate relief. Honestly I think some of what we are witnessing is a lot of uncertainty with Iraqi officials, etc. Just trying to come up with short term solutions until the political situation can be resolved & at the point where the CBI feels comfortable enough to take action. Until then, it's just all theoretical.
6-30-2022 Newshound Guru Walkingstick [via Frank26] When the IQD...goes on an international float it will become convertible. At that point...The CBI will inject the NSCN into the streets/into the hands of the Iraqi citizens to defend their exchange rate...the idea is when they do go international and float their currency the IQD will be within 2% to 3% compliant as required. They are telling the citizens the CBI has the means to defend their exchange rate as it floats.
6-30-2022 Newshound Guru Kaperoni What is being talked about in Iraq is not an RV as the gurus insist. They are educating citizens via symposiums on a currency exchange which is a neutral event (LOP). We have to hope that this plan for the currency exchange is not implemented and they follow guidance of the IMF which is encouraging them to gradually appreciate the currency over time based on success and growth of the economy. This is the best chance of any significant gain.
6-30-2022 Newshound Guru Tivon they only want to approve the Budget for the Final Accounts. And the 2022/2023 Budget will be for new projects. The EFSL is currently being used to pick up on stalled projects from the previous 2021 Budget. Why? Because that particular budget was supposed to raise the value of the IQD. But since they never formed a government last year they couldn't open it. [Post 2 of 2]
6-30-2022 Newshound Guru Tivon Article: "A government advisor sets the date for sending the 2022-2023 budgets from the government to Parliament" Keep in mind what they need the 2022 Budget for. They don't need it for money. Simply because they are only willing to put an extra 25 trillion in the 2022 Budget. More than Half of what is in the EFSL... [Post 1 of 2....stay tuned]
6-30-2022 Newshound Guru Samson Article: "Iran wants Al-Kazemi to remain in his position... and the leaders of the Coordination Framework meet with him in Tehran in the presence of Ismail Qaani!"
6-30-2022 Newshound Guru Militiaman Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" Now we finally see that 30-40 tonnes of gold show up they found on the Syrian Border..? Why now are they telling us this now? Well, they have far more reserves now that ever needed for to support the new exchange rate change.
6-30-2022 Intel Guru MarkZ [via PDK] Article: “Financial advisor Mazzar Muhammid Salih surprised the Iraqis about the possibility of changing or reducing the exchange rate of the dollar against the dinar” This means the dinar gains value. They also said just the day before that they needed 100 signatures from parliamentary members to address the value…and I believe they got those signatures. They are talking about changing the rate nonstop over there guys. And the need to change the value. We have not seen them change the value yet…but... they are having open conversations with their people and in their parliament about this...with the IMF the US, ect…this is exceptional news. We just need to buckle up and hold on through these final days.
6-30-2022 Intel Guru Frank26 Article: "A government advisor sets the date for sending the 2022-2023 budgets from the government to Parliament" THE EXCHANGE RATE DOES NOT HAVE TO WAIT UNTIL OCTOBER... IT IS THE BUDGET THAT AWAITS...'A NEW WORLD RATE'!
6-30-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ ADVANCES 10 RANKS GLOBALLY.. THE CENTRAL BANK ANNOUNCES THE INCREASE IN ITS GOLD RESERVES" Quote: "The bank confirmed, The purchase of new quantities of gold...an increase of 35% over what was in its possession." WOW! An increase of 35%! That is amazing!
6-30-2022 Newshound/Intel Guru RVAlready The RV seems to be rounding the far turn, headed for the home stretch.
6-30-2022 Intel Guru Bruce [via WiserNow] ...the new Iraqi Dinar...the NID – was placed on the banks screens for trading...last Sunday...the Dinar came out at 68 cents ($.68) and by 11 am Monday it had traded up to $5.60 – it should be trading much higher than that now and should be trading on up to numbers that we had talked about that Dr Shabbibi had talked about... I am hearing that we should be at that number or greater – ok – so we will see how that goes – it’s certainly on its way now and is being traded as we speak – right now –internationally – globally...it’s being traded on what we would call grey screens or back screens – for the banks...When the time is right it will be placed out on the front screens with the other currencies that we are looking to exchange...
6-30-2022 Newshound Guru Godlover The EFSL was created to get them through the current crises & to give their citizens immediate relief. Honestly I think some of what we are witnessing is a lot of uncertainty with Iraqi officials, etc. Just trying to come up with short term solutions until the political situation can be resolved & at the point where the CBI feels comfortable enough to take action. Until then, it's just all theoretical.
6-30-2022 Newshound Guru Walkingstick [via Frank26] When the IQD...goes on an international float it will become convertible. At that point...The CBI will inject the NSCN into the streets/into the hands of the Iraqi citizens to defend their exchange rate...the idea is when they do go international and float their currency the IQD will be within 2% to 3% compliant as required. They are telling the citizens the CBI has the means to defend their exchange rate as it floats.
6-30-2022 Newshound Guru Kaperoni What is being talked about in Iraq is not an RV as the gurus insist. They are educating citizens via symposiums on a currency exchange which is a neutral event (LOP). We have to hope that this plan for the currency exchange is not implemented and they follow guidance of the IMF which is encouraging them to gradually appreciate the currency over time based on success and growth of the economy. This is the best chance of any significant gain.
6-30-2022 Newshound Guru Tivon they only want to approve the Budget for the Final Accounts. And the 2022/2023 Budget will be for new projects. The EFSL is currently being used to pick up on stalled projects from the previous 2021 Budget. Why? Because that particular budget was supposed to raise the value of the IQD. But since they never formed a government last year they couldn't open it. [Post 2 of 2]
6-30-2022 Newshound Guru Tivon Article: "A government advisor sets the date for sending the 2022-2023 budgets from the government to Parliament" Keep in mind what they need the 2022 Budget for. They don't need it for money. Simply because they are only willing to put an extra 25 trillion in the 2022 Budget. More than Half of what is in the EFSL... [Post 1 of 2....stay tuned]
6-30-2022 Newshound Guru Samson Article: "Iran wants Al-Kazemi to remain in his position... and the leaders of the Coordination Framework meet with him in Tehran in the presence of Ismail Qaani!"
6-30-2022 Newshound Guru Militiaman Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" Now we finally see that 30-40 tonnes of gold show up they found on the Syrian Border..? Why now are they telling us this now? Well, they have far more reserves now that ever needed for to support the new exchange rate change.
6-30-2022 Intel Guru MarkZ [via PDK] Article: “Financial advisor Mazzar Muhammid Salih surprised the Iraqis about the possibility of changing or reducing the exchange rate of the dollar against the dinar” This means the dinar gains value. They also said just the day before that they needed 100 signatures from parliamentary members to address the value…and I believe they got those signatures. They are talking about changing the rate nonstop over there guys. And the need to change the value. We have not seen them change the value yet…but... they are having open conversations with their people and in their parliament about this...with the IMF the US, ect…this is exceptional news. We just need to buckle up and hold on through these final days.
6-30-2022 Intel Guru Frank26 Article: "A government advisor sets the date for sending the 2022-2023 budgets from the government to Parliament" THE EXCHANGE RATE DOES NOT HAVE TO WAIT UNTIL OCTOBER... IT IS THE BUDGET THAT AWAITS...'A NEW WORLD RATE'!
6-30-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ ADVANCES 10 RANKS GLOBALLY.. THE CENTRAL BANK ANNOUNCES THE INCREASE IN ITS GOLD RESERVES" Quote: "The bank confirmed, The purchase of new quantities of gold...an increase of 35% over what was in its possession." WOW! An increase of 35%! That is amazing!
6-30-2022 Newshound/Intel Guru RVAlready The RV seems to be rounding the far turn, headed for the home stretch.
6-30-2022 Intel Guru Bruce [via WiserNow] ...the new Iraqi Dinar...the NID – was placed on the banks screens for trading...last Sunday...the Dinar came out at 68 cents ($.68) and by 11 am Monday it had traded up to $5.60 – it should be trading much higher than that now and should be trading on up to numbers that we had talked about that Dr Shabbibi had talked about... I am hearing that we should be at that number or greater – ok – so we will see how that goes – it’s certainly on its way now and is being traded as we speak – right now –internationally – globally...it’s being traded on what we would call grey screens or back screens – for the banks...When the time is right it will be placed out on the front screens with the other currencies that we are looking to exchange...
6-29-2022 Newshound Guru Tivon Article: "In a quiet fire" .. a surprising and important statement by the Prime Minister's advisor about changing the dollar exchange" ...The volatility in the markets is what appears to be the deciding factor as to how long it take to feel comfortable with reinstating the Dinar...But they still allude to going through with it in spite of and will just adjust on the fly as the rate gradually increase from 1:1. So the problem may not necessarily be coming out at equal value but maintaining it.
6-29-2022 Intel Guru MarkZ [via PDK] Article From Iraq: “Dollar Exchange rates are declining in Baghdad and the Kurdish region” Why is this important? Normally in the local markets they were holding onto US dollars because of the instability of the dinar. What we have seen in the past when we have been close and anticipating an exchange is they will start refusing to part with their dinar. People are putting a higher value on dinar now and not wanting to give it up. The people on the streets are anticipating a value change. That is a great sign –imo- that we are close.
6-29-2022 Newshound Guru Samson Article: "OPEC: Iraq is the fourth in the world in oil reserves" Quote: "Iraq ranked fourth globally in the world's largest proven reserves, with 145.019 billion barrels, after Venezuela, which came first, with 303.468 billion barrels, while Saudi Arabia came second, with 267.192 billion barrels, and Iran came third with 208.600 billion barrels."
6-29-2022 Intel Guru Frank26 FRANK: ...The Iraqi citizens are aware...why do you think the ATMs can instantly do calculations? ...Because the Iraqi dinar is going to float...Brilliant! As it continues to float up in value the citizens are not losing any money...when they withdraw from the ATMs. Wow that's pretty good. They are explaining to the citizens what these machines will do.... [Post 2 of 2]
6-29-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Had a spokesman on the news giving explanation saying these new ATMs have the capability to take the money and do instant calculations on whatever the rates may be set at. For example only machines can handle floats of currency rates and give back the exact amounts for transactions at the currency rate of transaction...they are educating all of us... [Post 1 of 2....stay tuned]
6-29-2022 Newshound Guru Godlover Article: "In a quiet fire" .. a surprising and important statement by the Prime Minister's advisor about changing the dollar exchange" This article makes it even clearer that the EFSL was created for the purpose of citizens immediate needs & to get them through until the CBI takes action on giving them purchasing power...Another article...the need for a new government & 2022 budget.
6-29-2022 Newshound Guru Pimpy Article: "Paramilitary Finance denies the possibility of restoring the dollar exchange rate..." This is another one of those article where they start talking about the exchange rate...it is always interesting to me to see how many articles are in the news in regards to the exchange rate. They've already said what they wanted to do but they're constantly in the news reminding everybody that they have no intentions on changing the rate. If that's the case then why do you keep talking about it?
6-29-2022 Newshound Guru Militiaman Article: "Association of Banks: More than 14.9 million bank cards in Iraq" They have close to 50% saturation in the country from the looks of it for cards in the hands of the citizens. They have been telling us all about the new ATMs lately too. The advanced ATMs that can not decipher multiple currencies and at varied exchange rates. They can recycle cash as well. This is more education and support that they are geared for internationalism...
6-29-2022 Intel Guru MarkZ [via PDK] It’s really positive all the news coming out of Iraq and it all centers around the white papers, economic reform AND an increase of the value of their currency. It’s exciting times in the Iraqi news and we know we are close but we don’t know exactly the timing. ...this is the number one goal for them. ...its exciting times for them…and fortunately exciting times for us.
6-29-2022 Newshound Guru Tivon Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" ...the reserves are prepared to protect against local & international changes! Consider what that means when you think about the 100 deputies signing on to follow through on what Al-Kazemi requested of them [lower the exchange rate]... Mazhar Saleh (Financial Advisor) said that they can maintain the purchasing power that will result from the reinstatement because of their reserves....
6-29-2022 Newshound/Intel Guru Mnt Goat Article: "ECONOMIST: THE DOLLAR EXCHANGE RATE WILL NOT RETURN TO ITS PREVIOUS ERA DUE TO INTERNATIONAL OBLIGATIONS" ...we read in this article that the “previous era” is referring to the old program rate and not pre-1991 era rate...Instead of changing the program rate back to the old program rate they are going to reinstate it and get off the program rate altogether...Also we read that the economic growth will meet monetary obligations of the World Bank...they already have a timeline set up for the reinstatement...This IQD will be reinstated. We will be going to the bank soon as they are just waiting for a “STABLE GOVERNMENT”.
6-29-2022 Newshound Guru Walkingstick [via Frank26] The CBI is meeting with the AMF (Arab Monetary Fund). The topic of this meeting is the "swapping" of currencies with a number of countries in the Middle East region. Why would you want to swap a toilet paper valued currency? You wouldn't...
6-29-2022 Intel Guru MarkZ [via PDK] Article From Iraq: “Dollar Exchange rates are declining in Baghdad and the Kurdish region” Why is this important? Normally in the local markets they were holding onto US dollars because of the instability of the dinar. What we have seen in the past when we have been close and anticipating an exchange is they will start refusing to part with their dinar. People are putting a higher value on dinar now and not wanting to give it up. The people on the streets are anticipating a value change. That is a great sign –imo- that we are close.
6-29-2022 Newshound Guru Samson Article: "OPEC: Iraq is the fourth in the world in oil reserves" Quote: "Iraq ranked fourth globally in the world's largest proven reserves, with 145.019 billion barrels, after Venezuela, which came first, with 303.468 billion barrels, while Saudi Arabia came second, with 267.192 billion barrels, and Iran came third with 208.600 billion barrels."
6-29-2022 Intel Guru Frank26 FRANK: ...The Iraqi citizens are aware...why do you think the ATMs can instantly do calculations? ...Because the Iraqi dinar is going to float...Brilliant! As it continues to float up in value the citizens are not losing any money...when they withdraw from the ATMs. Wow that's pretty good. They are explaining to the citizens what these machines will do.... [Post 2 of 2]
6-29-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Had a spokesman on the news giving explanation saying these new ATMs have the capability to take the money and do instant calculations on whatever the rates may be set at. For example only machines can handle floats of currency rates and give back the exact amounts for transactions at the currency rate of transaction...they are educating all of us... [Post 1 of 2....stay tuned]
6-29-2022 Newshound Guru Godlover Article: "In a quiet fire" .. a surprising and important statement by the Prime Minister's advisor about changing the dollar exchange" This article makes it even clearer that the EFSL was created for the purpose of citizens immediate needs & to get them through until the CBI takes action on giving them purchasing power...Another article...the need for a new government & 2022 budget.
6-29-2022 Newshound Guru Pimpy Article: "Paramilitary Finance denies the possibility of restoring the dollar exchange rate..." This is another one of those article where they start talking about the exchange rate...it is always interesting to me to see how many articles are in the news in regards to the exchange rate. They've already said what they wanted to do but they're constantly in the news reminding everybody that they have no intentions on changing the rate. If that's the case then why do you keep talking about it?
6-29-2022 Newshound Guru Militiaman Article: "Association of Banks: More than 14.9 million bank cards in Iraq" They have close to 50% saturation in the country from the looks of it for cards in the hands of the citizens. They have been telling us all about the new ATMs lately too. The advanced ATMs that can not decipher multiple currencies and at varied exchange rates. They can recycle cash as well. This is more education and support that they are geared for internationalism...
6-29-2022 Intel Guru MarkZ [via PDK] It’s really positive all the news coming out of Iraq and it all centers around the white papers, economic reform AND an increase of the value of their currency. It’s exciting times in the Iraqi news and we know we are close but we don’t know exactly the timing. ...this is the number one goal for them. ...its exciting times for them…and fortunately exciting times for us.
6-29-2022 Newshound Guru Tivon Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" ...the reserves are prepared to protect against local & international changes! Consider what that means when you think about the 100 deputies signing on to follow through on what Al-Kazemi requested of them [lower the exchange rate]... Mazhar Saleh (Financial Advisor) said that they can maintain the purchasing power that will result from the reinstatement because of their reserves....
6-29-2022 Newshound/Intel Guru Mnt Goat Article: "ECONOMIST: THE DOLLAR EXCHANGE RATE WILL NOT RETURN TO ITS PREVIOUS ERA DUE TO INTERNATIONAL OBLIGATIONS" ...we read in this article that the “previous era” is referring to the old program rate and not pre-1991 era rate...Instead of changing the program rate back to the old program rate they are going to reinstate it and get off the program rate altogether...Also we read that the economic growth will meet monetary obligations of the World Bank...they already have a timeline set up for the reinstatement...This IQD will be reinstated. We will be going to the bank soon as they are just waiting for a “STABLE GOVERNMENT”.
6-29-2022 Newshound Guru Walkingstick [via Frank26] The CBI is meeting with the AMF (Arab Monetary Fund). The topic of this meeting is the "swapping" of currencies with a number of countries in the Middle East region. Why would you want to swap a toilet paper valued currency? You wouldn't...
6-28-2022 Intel Guru MarkZ [via PDK] [Who decides the exchange rate?] I am told it is decided in the gold treaty and the rate is fixed.
6-28-2022 Intel Guru Frank26 Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" it's much much more than that. This country is in such great position to add great value to their currency...why would you go all over the place and collect as much as you can in gold for your currency that is of no value? Because it's going to have value.
6-28-2022 Newshound Guru Militiaman Article: "Deputy For Al-Fateh: The Exchange Rate Reduction Will Soon See The Light" ...100 deputies openly supporting the exchange rate change is powerful. They are campaigning. A sign of currying favor from the citizens. They want their purchase power.
6-28-2022 Newshound Guru Kaperoni Local media announces today Al-Maliki will carry out a coup and become prime minister again...He is bad news for Iraq and is a pawn of Iran...Plainly put this is terrible for Iraq. Maliki is a wannabe dictator and has desires to control the central bank funds. Back in 2012, former central bank governor Al-Shabibi accused Maliki of stealing enough money to support 20 million citizens...al-Maliki has quietly as leader of the State of Law Coalition harpooned much of Iraq's success waiting for his opportunity to come back.
6-28-2022 Intel Guru MarkZ [via PDK] I am told the CBI can change the rate before the government is sat…
6-28-2022 Newshound Guru Pimpy Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" Do what they do not what they say...they didn't buy some gold, they bought a huge amount of it...a 35% increase. That's huge...this time around they are definitely preparing themselves in case something should happen to the oil market...
6-28-2022 Newshound Guru Samson Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" Quote: "Iraq has advanced ten ranks in the table of the most countries in gold reserves, bringing its total possessions to (130.39) tons, ranked thirty in the world and fourth in the Arab world."
6-28-2022 Newshound/Intel Guru Mnt Goat Article: "DEPUTY FOR AL-FATEH: THE EXCHANGE RATE REDUCTION WILL SOON SEE THE LIGHT" Quote: "..the issue of reducing the dollar exchange rate is soon after collecting the signatures of 100 deputies to vote on reducing it under the dome of the House of Representatives." Just remember they tried this before and it did not work, however it does put pressure on the CBI and to let them know something must be done about the IQD rate soon.
6-28-2022 Intel Guru MarkZ [via PDK] In Kuwait…literally that morning they said it would be 2-3 years before they RV’d…then they turned around and did it that same morning... Kuwait shot all the way up to $9.88 before it settled back down to the $4 range...Iraq cannot wait another couple years without an RV. Because of political instability and their low currency-because the country has great wealth…historically Iraq is one of the wealthiest regions in the whole world…vast oil reserves and gold reserves as well…
6-28-2022 Intel Guru Frank26 Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" it's much much more than that. This country is in such great position to add great value to their currency...why would you go all over the place and collect as much as you can in gold for your currency that is of no value? Because it's going to have value.
6-28-2022 Newshound Guru Militiaman Article: "Deputy For Al-Fateh: The Exchange Rate Reduction Will Soon See The Light" ...100 deputies openly supporting the exchange rate change is powerful. They are campaigning. A sign of currying favor from the citizens. They want their purchase power.
6-28-2022 Newshound Guru Kaperoni Local media announces today Al-Maliki will carry out a coup and become prime minister again...He is bad news for Iraq and is a pawn of Iran...Plainly put this is terrible for Iraq. Maliki is a wannabe dictator and has desires to control the central bank funds. Back in 2012, former central bank governor Al-Shabibi accused Maliki of stealing enough money to support 20 million citizens...al-Maliki has quietly as leader of the State of Law Coalition harpooned much of Iraq's success waiting for his opportunity to come back.
6-28-2022 Intel Guru MarkZ [via PDK] I am told the CBI can change the rate before the government is sat…
6-28-2022 Newshound Guru Pimpy Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" Do what they do not what they say...they didn't buy some gold, they bought a huge amount of it...a 35% increase. That's huge...this time around they are definitely preparing themselves in case something should happen to the oil market...
6-28-2022 Newshound Guru Samson Article: "The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons" Quote: "Iraq has advanced ten ranks in the table of the most countries in gold reserves, bringing its total possessions to (130.39) tons, ranked thirty in the world and fourth in the Arab world."
6-28-2022 Newshound/Intel Guru Mnt Goat Article: "DEPUTY FOR AL-FATEH: THE EXCHANGE RATE REDUCTION WILL SOON SEE THE LIGHT" Quote: "..the issue of reducing the dollar exchange rate is soon after collecting the signatures of 100 deputies to vote on reducing it under the dome of the House of Representatives." Just remember they tried this before and it did not work, however it does put pressure on the CBI and to let them know something must be done about the IQD rate soon.
6-28-2022 Intel Guru MarkZ [via PDK] In Kuwait…literally that morning they said it would be 2-3 years before they RV’d…then they turned around and did it that same morning... Kuwait shot all the way up to $9.88 before it settled back down to the $4 range...Iraq cannot wait another couple years without an RV. Because of political instability and their low currency-because the country has great wealth…historically Iraq is one of the wealthiest regions in the whole world…vast oil reserves and gold reserves as well…
6-27-2022 Intel Guru Frank26 Question: "Spoke with a financial advisor and they said she was going to have to travel to Iraq and exchange her notes for small category notes and bring them back here to exchange for USD. Is this correct IYO?" Go back to that person and ask them 'Do you know how many dinar the United States Treasury has in its reserves right now?' ...It's more than 54 billion American dollars worth of dinars...You think America is going to have to go into Iraq, convert them into NSCN and then bring those back to an American bank...? No. That's not how it going to works.
6-27-2022 Newshound Guru Tivon Article: "Iraq uses the policy of "raising reserves" to control inflation" So here we are once again being reminded that Iraq has enough of reserves to cover the reinstatement of the Dinar...So when you compile everything as to all the sectors that is ready...You can't help but anticipate what is next. And we know what that is. Al-Kazemi already gave the go ahead a couple of days ago. IMO
6-27-2022 Newshound Guru Kaperoni Monetary policy of the Iraqi dinar is at the sole discretion of the Central Bank of Iraq along with the guidance of the IMF. No parliamentary signatures, news articles or political figures have input.
6-27-2022 Guru Nader From The Mid East They refuse to put back the dinar to 1200...They're asking the CBI to put back the dinar to its previous exchange rate which the CBI has other plans by Rving the dinar...I'm glad they didn't accept the 1200 because it's not worth it for nobody...for me it's good news. I prefer wait on RV than change it 1200 and wait 10 more years to RV...
6-27-2022 Intel Guru MarkZ [via PDK] There is a whole lot of chatter from redemption centers …most of my people are looking at the very first of July now...but, I wouldn’t be surprised if we had it 10 minutes from now.
6-27-2022 Newshound Guru MilitiaMan Article: "Al-Shammari: Talking about changing the exchange rate is a media bid" Quote "Talking about changing the exchange rate is unrealistic..." This guy is connected to Maliki all day long. imo...The EFSL is law. They have not yet exposed that fact in the Gazette... So, to trigger internationalism a new exchange rate is warranted...changing the exchange rate is not unrealistic in fact it is imo inevitable..
6-27-2022 Newshound Guru Samson Article: "Parliamentary Finance denies the possibility of restoring the dollar exchange rate: it confuses the market and investment projects" Quote: "the Parliamentary Finance Committee denied what was recently reported about Parliament's efforts to restore the exchange rate of the dollar to its previous level, 1200 Iraqi dinars for every US dollar."
6-27-2022 Newshound Guru Tivon Article: "Implementation of the Automation Program for Customs and Tax Receipts" Game Time. The ATMs are ready. AYSCUDA is ready. BUNA Platform is ready. General Tax Authority is ready. Now Customs & Tax are ready. The HCL/Oil & Gas is ready. The EFSL is ready. And the contracts are signed...Everything is prepared for roll out. The hard currency reserves are covered so they can deal with any inflation from the onset of reinstatement if any were to occur. All of this occurred without a seated government or 2022 Budget.
6-27-2022 Intel Guru MarkZ [via PDK] What were we told to expect would happen at the end? Massive amounts of dis-information. Massive amounts of smoke…all kinds of conflicting statements to expect at the end… I think all of this is an extremely good sign that we are really close to it. This is what we saw before Kuwait…before Iraq last time…what we saw before China RV’d…This is classic textbook.
6-27-2022 Newshound Guru Tivon Article: "Iraq uses the policy of "raising reserves" to control inflation" So here we are once again being reminded that Iraq has enough of reserves to cover the reinstatement of the Dinar...So when you compile everything as to all the sectors that is ready...You can't help but anticipate what is next. And we know what that is. Al-Kazemi already gave the go ahead a couple of days ago. IMO
6-27-2022 Newshound Guru Kaperoni Monetary policy of the Iraqi dinar is at the sole discretion of the Central Bank of Iraq along with the guidance of the IMF. No parliamentary signatures, news articles or political figures have input.
6-27-2022 Guru Nader From The Mid East They refuse to put back the dinar to 1200...They're asking the CBI to put back the dinar to its previous exchange rate which the CBI has other plans by Rving the dinar...I'm glad they didn't accept the 1200 because it's not worth it for nobody...for me it's good news. I prefer wait on RV than change it 1200 and wait 10 more years to RV...
6-27-2022 Intel Guru MarkZ [via PDK] There is a whole lot of chatter from redemption centers …most of my people are looking at the very first of July now...but, I wouldn’t be surprised if we had it 10 minutes from now.
6-27-2022 Newshound Guru MilitiaMan Article: "Al-Shammari: Talking about changing the exchange rate is a media bid" Quote "Talking about changing the exchange rate is unrealistic..." This guy is connected to Maliki all day long. imo...The EFSL is law. They have not yet exposed that fact in the Gazette... So, to trigger internationalism a new exchange rate is warranted...changing the exchange rate is not unrealistic in fact it is imo inevitable..
6-27-2022 Newshound Guru Samson Article: "Parliamentary Finance denies the possibility of restoring the dollar exchange rate: it confuses the market and investment projects" Quote: "the Parliamentary Finance Committee denied what was recently reported about Parliament's efforts to restore the exchange rate of the dollar to its previous level, 1200 Iraqi dinars for every US dollar."
6-27-2022 Newshound Guru Tivon Article: "Implementation of the Automation Program for Customs and Tax Receipts" Game Time. The ATMs are ready. AYSCUDA is ready. BUNA Platform is ready. General Tax Authority is ready. Now Customs & Tax are ready. The HCL/Oil & Gas is ready. The EFSL is ready. And the contracts are signed...Everything is prepared for roll out. The hard currency reserves are covered so they can deal with any inflation from the onset of reinstatement if any were to occur. All of this occurred without a seated government or 2022 Budget.
6-27-2022 Intel Guru MarkZ [via PDK] What were we told to expect would happen at the end? Massive amounts of dis-information. Massive amounts of smoke…all kinds of conflicting statements to expect at the end… I think all of this is an extremely good sign that we are really close to it. This is what we saw before Kuwait…before Iraq last time…what we saw before China RV’d…This is classic textbook.
6-26-2022 Newshound/Intel Guru RVAlready ...I think we are only waiting on the CBI to activate the RV at this point. When the CBI says go, we will be going to exchange.
6-26-2022 Newshound Guru Kaperoni The first plan which has been discussed by economist and specialists in Iraq in the media and in various symposiums educating the citizens is a currency exchange (LOP). We do not want to see this happen. And the other plan which has been well documented since 2013 is the IMF's directive to float the currency allowing it to gradually appreciate over time as Iraq's economy prospers and grows.
6-26-2022 Intel Guru Frank26 Question: "Are you thinking Iraq is Article VIII compliant?" Yeah. Forward and backward. Sideways, up and down you name it. Do you see any restrictions on them [Iraq/CBI]? Do you see any sanctions on them? Heck no. Everybody wants to join them. That alone should be a tell tale sign.
6-26-2022 Newshound Guru Pimpy No, you're not gonna get a special rate...people out there claiming that you're gonna go in together as a team and you're gonna negotiate a better deal. No you're not. It's not gonna happen. Whatever rate is out there is for the globe. That's for everybody.
6-26-2022 Guru Nader From The Mid East Community comment "It's 100 trillion dinar out there. It's hard to change that." That's why they're taking the three zeros off, to have a lot less money. And it's not 100 trillion, it's 71 trillion and a lot of it's been burned...What are they gonna do? ...I think they're gonna take the 3 zeros, will go down to maybe 40-30 trillion.
6-26-2022 Intel Guru MarkZ [via PDK] ...if Iraq goes…Vietnam will also go as they are massive trading partners on goods… I was told Vietnam would quickly go at a increased value as well…I am hearing right now – it could be .47 cents…which is still amazing…right?
6-26-2022 Newshound/Intel Guru Petra 3. Today... Article "The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar" ...is not only the request of Kathemi to change the rate but also...the signatures of 100 or so Parliament Deputies agreeing...Hey CBI...Tick Tock...THE RATE is now before us on a myriad of levels to engage the new Iraq!! ...IMO what are we waiting for? Hello CBI....Tick Tock!!! [Post 2 of 2]
6-26-2022 Newshound/Intel Guru Petra I would like to add a few dots to the logic equation as to status: 1. Al-Zamili stated weeks ago...upon passing of the law [ESFL] that the ministries would "immediately" be funded to begin their efforts of the WP's. Well, yesterday was that 15th day...tick tock! 2. Al-Alawai the Finance Minister has been...stating that basically the reforms are ready to go and his ministry is ready to engage. Hello CBI....Tick Tock! [Post 1 of 2]
6-26-2022 Newshound Guru Tivon Saleh said "...the rise in Iraq's hard currency reserves will increase confidence in the Iraqi dinar and will increase its stability," stressing that "the Iraqi dinar is approaching full coverage of hard currency reserves in light of the current exchange rate." He also said that "these reserves maintain the purchasing power" ...if you have 1 million in Dinar. And the rate comes out at 1.162 on the Forex. You divide that by one dollar and it will be .86 cents. Which will net you 860,000.
6-26-2022 Newshound/Intel Guru Mnt Goat ...also they intend to tax revenues too some day, something they do not do today. This would be a huge source of revenue for the central government...another source of over looked potential huge revenues- the electricity industry...they are on the verge of being an economic giant and along with this comes the RV. They simply can’t stop it and it has to happen...the Glory Days are coming to Iraq. [post 2 of 2]
6-26-2022 Newshound/Intel Guru Mnt Goat ...we keep hearing about getting out of a “rentier” economy solely based on oil...there are many more sources of revenue that can rival the oil revenues. But Iraq has to take advantage of them...The revenue possible from tracking and accounting for the full revenues received from Customs and Tariffs alone can rival the oil revenues. WOW! [post 1 of 2....stay tuned]
6-26-2022 Newshound Guru Kaperoni The first plan which has been discussed by economist and specialists in Iraq in the media and in various symposiums educating the citizens is a currency exchange (LOP). We do not want to see this happen. And the other plan which has been well documented since 2013 is the IMF's directive to float the currency allowing it to gradually appreciate over time as Iraq's economy prospers and grows.
6-26-2022 Intel Guru Frank26 Question: "Are you thinking Iraq is Article VIII compliant?" Yeah. Forward and backward. Sideways, up and down you name it. Do you see any restrictions on them [Iraq/CBI]? Do you see any sanctions on them? Heck no. Everybody wants to join them. That alone should be a tell tale sign.
6-26-2022 Newshound Guru Pimpy No, you're not gonna get a special rate...people out there claiming that you're gonna go in together as a team and you're gonna negotiate a better deal. No you're not. It's not gonna happen. Whatever rate is out there is for the globe. That's for everybody.
6-26-2022 Guru Nader From The Mid East Community comment "It's 100 trillion dinar out there. It's hard to change that." That's why they're taking the three zeros off, to have a lot less money. And it's not 100 trillion, it's 71 trillion and a lot of it's been burned...What are they gonna do? ...I think they're gonna take the 3 zeros, will go down to maybe 40-30 trillion.
6-26-2022 Intel Guru MarkZ [via PDK] ...if Iraq goes…Vietnam will also go as they are massive trading partners on goods… I was told Vietnam would quickly go at a increased value as well…I am hearing right now – it could be .47 cents…which is still amazing…right?
6-26-2022 Newshound/Intel Guru Petra 3. Today... Article "The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar" ...is not only the request of Kathemi to change the rate but also...the signatures of 100 or so Parliament Deputies agreeing...Hey CBI...Tick Tock...THE RATE is now before us on a myriad of levels to engage the new Iraq!! ...IMO what are we waiting for? Hello CBI....Tick Tock!!! [Post 2 of 2]
6-26-2022 Newshound/Intel Guru Petra I would like to add a few dots to the logic equation as to status: 1. Al-Zamili stated weeks ago...upon passing of the law [ESFL] that the ministries would "immediately" be funded to begin their efforts of the WP's. Well, yesterday was that 15th day...tick tock! 2. Al-Alawai the Finance Minister has been...stating that basically the reforms are ready to go and his ministry is ready to engage. Hello CBI....Tick Tock! [Post 1 of 2]
6-26-2022 Newshound Guru Tivon Saleh said "...the rise in Iraq's hard currency reserves will increase confidence in the Iraqi dinar and will increase its stability," stressing that "the Iraqi dinar is approaching full coverage of hard currency reserves in light of the current exchange rate." He also said that "these reserves maintain the purchasing power" ...if you have 1 million in Dinar. And the rate comes out at 1.162 on the Forex. You divide that by one dollar and it will be .86 cents. Which will net you 860,000.
6-26-2022 Newshound/Intel Guru Mnt Goat ...also they intend to tax revenues too some day, something they do not do today. This would be a huge source of revenue for the central government...another source of over looked potential huge revenues- the electricity industry...they are on the verge of being an economic giant and along with this comes the RV. They simply can’t stop it and it has to happen...the Glory Days are coming to Iraq. [post 2 of 2]
6-26-2022 Newshound/Intel Guru Mnt Goat ...we keep hearing about getting out of a “rentier” economy solely based on oil...there are many more sources of revenue that can rival the oil revenues. But Iraq has to take advantage of them...The revenue possible from tracking and accounting for the full revenues received from Customs and Tariffs alone can rival the oil revenues. WOW! [post 1 of 2....stay tuned]
6-25-2022 Intel Guru MarkZ [via PDK] The news is very good...I think the worst case scenario is if it turns out Iraq does need a seated government to RV…In that case we would look for it after July 12th…. I do not believe that though…. I think the CBI can do it at anytime…and things are closer and tighter than that...So imo…it;’s all exciting…things are moving faster…
6-25-2022 Newshound Guru Tivon Article "Minister of Finance: The Ministry is keen to implement the provisions of the Emergency Support Law for Food Security and Development" I told you all they will keep hammering down on this law until it is printed published and implemented. They will keep coming with more information as we inch closer to the inevitable reinstatement.
6-25-2022 Newshound Guru Samson Article "Britain asks its citizens to dispose of $17.7 billion in banknotes" Quote "The Bank of England said people who own 14.5 billion pounds ($17.7 billion) of old notes have just 100 days to spend or deposit them before they become worthless."
6-25-2022 Newshound Guru Kaperoni ...The petition in parliament calling to reduce the exchange rate...If it succeeded it would only reduce it back to what it was a year ago...1170
6-25-2022 Newshound Guru Sandy Ingram Iraq has gone from being a stable and wealthy state governed by a dictator, in the 1980s...To living under sanctions in the 1990s. To the US invasion of 2003. To the chaos of insurgency and then ISIS genocide in 2014. To the financial crises brought on by Covid-19 in 2021. And then the currency non-leadership that Iraq is living under for over 8 months...hold on to your Iraqi dinars. Iraq is a survivor.
6-25-2022 Newshound Guru Pimpy There's no numbers on the back screen. There's no 800#s. There's no redemption centers. I keep telling you guys it's all crap they blow up your butt...there's no tier 1. There's no tier 2. All they simply do is change the rate and then you go down and exchange it or purchase it...like any other currency out there. There's no magical treatment for how Iraqi dinar is being handled.
6-25-2022 Newshound Guru Tivon Article: "The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar" ...They are about to reverse the prior decisions that caused so much hardship. But I also think given the timing this has alot more to do with preparing the NSCNs which will require a rate change...
6-25-2022 Intel Guru MarkZ [via PDK] [Nader from the Middle East has nothing for 2 to 3 years 2025 he says!? Says Iraq needs security and stability…] My CBI contact in Iraq told me there would never be stability in Iraq until they revalue their currency. I am still of the mindset it is sooner rather than later... They said the same things before Kuwait RV’d…. I think its much sooner than he thinks… [Reference Guru Nader's post below]
6-25-2022 Intel Guru Frank26 Article: "The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar" THIS IS FROM KAZEMI TO HIS CABINET TO THE CBI...TO CHANGE THE EXCHANGE RATE OF THE IRAQI DINAR.
6-25-2022 Guru Nader From The Mid East Inside Iraq the economy is not too good. The people still poor. People still have no money. No jobs. People still suffering. It's true we making a lot of money off oil but that's the only assets for now...We have no tourists. We have no import...the private sector is not good at all yet. You guys gonna have to wait...it's gonna take time...not before 2025 and it's gonna happen...
6-25-2022 Intel Guru Bruce [via WiserNow] We got some good information...that helped to give us an idea of where we are in this picture...everything is moving forward with everything happening behind the scenes ... We’re very very close...there is possibility for us to be notified quite possibly Saturday and start Saturday or Sunday for our exchanges...
6-25-2022 Newshound Guru Tivon Article "Minister of Finance: The Ministry is keen to implement the provisions of the Emergency Support Law for Food Security and Development" I told you all they will keep hammering down on this law until it is printed published and implemented. They will keep coming with more information as we inch closer to the inevitable reinstatement.
6-25-2022 Newshound Guru Samson Article "Britain asks its citizens to dispose of $17.7 billion in banknotes" Quote "The Bank of England said people who own 14.5 billion pounds ($17.7 billion) of old notes have just 100 days to spend or deposit them before they become worthless."
6-25-2022 Newshound Guru Kaperoni ...The petition in parliament calling to reduce the exchange rate...If it succeeded it would only reduce it back to what it was a year ago...1170
6-25-2022 Newshound Guru Sandy Ingram Iraq has gone from being a stable and wealthy state governed by a dictator, in the 1980s...To living under sanctions in the 1990s. To the US invasion of 2003. To the chaos of insurgency and then ISIS genocide in 2014. To the financial crises brought on by Covid-19 in 2021. And then the currency non-leadership that Iraq is living under for over 8 months...hold on to your Iraqi dinars. Iraq is a survivor.
6-25-2022 Newshound Guru Pimpy There's no numbers on the back screen. There's no 800#s. There's no redemption centers. I keep telling you guys it's all crap they blow up your butt...there's no tier 1. There's no tier 2. All they simply do is change the rate and then you go down and exchange it or purchase it...like any other currency out there. There's no magical treatment for how Iraqi dinar is being handled.
6-25-2022 Newshound Guru Tivon Article: "The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar" ...They are about to reverse the prior decisions that caused so much hardship. But I also think given the timing this has alot more to do with preparing the NSCNs which will require a rate change...
6-25-2022 Intel Guru MarkZ [via PDK] [Nader from the Middle East has nothing for 2 to 3 years 2025 he says!? Says Iraq needs security and stability…] My CBI contact in Iraq told me there would never be stability in Iraq until they revalue their currency. I am still of the mindset it is sooner rather than later... They said the same things before Kuwait RV’d…. I think its much sooner than he thinks… [Reference Guru Nader's post below]
6-25-2022 Intel Guru Frank26 Article: "The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar" THIS IS FROM KAZEMI TO HIS CABINET TO THE CBI...TO CHANGE THE EXCHANGE RATE OF THE IRAQI DINAR.
6-25-2022 Guru Nader From The Mid East Inside Iraq the economy is not too good. The people still poor. People still have no money. No jobs. People still suffering. It's true we making a lot of money off oil but that's the only assets for now...We have no tourists. We have no import...the private sector is not good at all yet. You guys gonna have to wait...it's gonna take time...not before 2025 and it's gonna happen...
6-25-2022 Intel Guru Bruce [via WiserNow] We got some good information...that helped to give us an idea of where we are in this picture...everything is moving forward with everything happening behind the scenes ... We’re very very close...there is possibility for us to be notified quite possibly Saturday and start Saturday or Sunday for our exchanges...
6-24-2022 Intel Guru Mike Cottrell [via PDK] I think we are in a good position…. I do know certain documents have been signed overseas to get this thing moving…but no one knows the timing...I think we are very close...
6-24-2022 Newshound Guru Deepwoodz [Response to Guru Goodlover below] Imo Not your run of the mill ATM’s Article quote "The new devices are already getting our customers' attention, and in our next phase, the ATM's integrated cash recycling capabilities"
6-24-2022 Guru Nader From The Mid East The Iraqi dinar...it's going to take a lot of time. They're not ready yet. We're not ready not. Nothing is ready yet. It's still a mess over here. You see missiles coming. You see some storms coming. You see no government set up. The CBI it's not moving much. The CEO of the CBI doesn't have any balls to make any decisions. We need somebody with balls to make decision for us to go forward.
6-24-2022 Guest Guru Daytrader ...or how many Kuwait dinar does it take to purchase one USD. Based on today’s current exchange rate, it takes less than one Kuwait Dinar to buy one USD; or $1 = .30668724 KWD. To switch the equation to KQD/USD changes the question to how many USD does it take to buy one KWD, divide $1 by .30668724 IQD. The result is 1 KWD = 3.26128 USD. [Post 2 of 2]
6-24-2022 Guest Guru Daytrader FOREX will have only one figure represented for the IQD/USD exchange rate. Short lesson: an exchange rate has both a base currency and a quote currency; base/quote. For example USD/KWD is the US Dollar versus the Kuwait Dinar. The base currency is the USD since its listed first, and the KWD is the quote currency. The question being asked with this formula is how much of the quote currency does it take to buy one unit of the base currency... [Post 1 of 2....stay tuned]
6-24-2022 Newshound Guru Militiaman Our source(s) since Thursday last tells us the MR mandate at the FM level has been completed and that fact was put to the CBI. Imagine that...Then we see days later that they are gearing for full ISO compliance...Well also to note from our sources...business owners...after many months asking about the NSCNs with no success was now told that the packages arrived...I suspect the next 24 -72 hours to be extremely bullish. imo
6-24-2022 Newshound Guru Godlover [Response to reports of new ATMs in Iraq] First off, we don't know the condition of their old ATM's. The need to replace them was likely a priority with all of the banking reforms. Of course I do believe they will be able to function with the hopefully soon to be NSCN's. Will these ATM's only be turned on after the issue of the NSCN's? No one knows the answer to that, but I would guess the ATM's will be used for some time prior to the release of the NSCN's. The new ATM's in itself, does not give us a real time-line.
6-24-2022 Intel Guru MarkZ [via PDK] (Holds up a crisp new 50 dinar bill) …Here is a brand spankin new 50 dinar note…at todays value its worth 4 and a half cents…you have to ask yourself why print notes worth 4.5 cents???
6-24-2022 Newshound/Intel Guru BGG Article: "Collecting more than 100 signatures.. A parliamentary move to reduce the dollar exchange rate" With all they have going on right now, am I the only one that finds this article a little strange? IMHO – the whole world is in a hurry to get off the USD. We have triggered our own hyperinflation (thereby HAMMERING our own currency) and NO ONE wants any part of it. Not even Iraq. Iraq may well be the one currency in the UNIVERSE with the actual assets to be a true non-Fiat currency and is still referred to as “grossly undervalued”...
6-24-2022 Newshound Guru Samson Article: "In The Document.. The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar" [NOTE: Reducing the exchange of the dollar against the dinar increases the rate of the dinar against the dollar.]
6-24-2022 Newshound/Intel Guru Mnt Goat When this signal is given to the CBI, then they will move ahead to the next step which in the project to delete the zeros. We know that this project will coincide or slightly precede the reinstatement of the IQD back to FOREX. When FOREX happens the OFAC sanctions will be lifted and we go to the bank... Yes, this could happen by mid-July... The possibility is VERY real that this ongoing RV saga could also be over. [post 2 of 2]
6-24-2022 Newshound/Intel Guru Mnt Goat We all should be aware by now the Central Bank of Iraq (CBI) is waiting in the wings to conduct the project to delete the zeros. They have been waiting since January, when they proposed to do it but were asked to hold off until they settle this election saga...I am being told that when the new government is formed, if it is a stable one, the US Treasury fully intends to support the reinstatement. [post 1 of 2....stay tuned]
6-24-2022 Newshound Guru Deepwoodz [Response to Guru Goodlover below] Imo Not your run of the mill ATM’s Article quote "The new devices are already getting our customers' attention, and in our next phase, the ATM's integrated cash recycling capabilities"
6-24-2022 Guru Nader From The Mid East The Iraqi dinar...it's going to take a lot of time. They're not ready yet. We're not ready not. Nothing is ready yet. It's still a mess over here. You see missiles coming. You see some storms coming. You see no government set up. The CBI it's not moving much. The CEO of the CBI doesn't have any balls to make any decisions. We need somebody with balls to make decision for us to go forward.
6-24-2022 Guest Guru Daytrader ...or how many Kuwait dinar does it take to purchase one USD. Based on today’s current exchange rate, it takes less than one Kuwait Dinar to buy one USD; or $1 = .30668724 KWD. To switch the equation to KQD/USD changes the question to how many USD does it take to buy one KWD, divide $1 by .30668724 IQD. The result is 1 KWD = 3.26128 USD. [Post 2 of 2]
6-24-2022 Guest Guru Daytrader FOREX will have only one figure represented for the IQD/USD exchange rate. Short lesson: an exchange rate has both a base currency and a quote currency; base/quote. For example USD/KWD is the US Dollar versus the Kuwait Dinar. The base currency is the USD since its listed first, and the KWD is the quote currency. The question being asked with this formula is how much of the quote currency does it take to buy one unit of the base currency... [Post 1 of 2....stay tuned]
6-24-2022 Newshound Guru Militiaman Our source(s) since Thursday last tells us the MR mandate at the FM level has been completed and that fact was put to the CBI. Imagine that...Then we see days later that they are gearing for full ISO compliance...Well also to note from our sources...business owners...after many months asking about the NSCNs with no success was now told that the packages arrived...I suspect the next 24 -72 hours to be extremely bullish. imo
6-24-2022 Newshound Guru Godlover [Response to reports of new ATMs in Iraq] First off, we don't know the condition of their old ATM's. The need to replace them was likely a priority with all of the banking reforms. Of course I do believe they will be able to function with the hopefully soon to be NSCN's. Will these ATM's only be turned on after the issue of the NSCN's? No one knows the answer to that, but I would guess the ATM's will be used for some time prior to the release of the NSCN's. The new ATM's in itself, does not give us a real time-line.
6-24-2022 Intel Guru MarkZ [via PDK] (Holds up a crisp new 50 dinar bill) …Here is a brand spankin new 50 dinar note…at todays value its worth 4 and a half cents…you have to ask yourself why print notes worth 4.5 cents???
6-24-2022 Newshound/Intel Guru BGG Article: "Collecting more than 100 signatures.. A parliamentary move to reduce the dollar exchange rate" With all they have going on right now, am I the only one that finds this article a little strange? IMHO – the whole world is in a hurry to get off the USD. We have triggered our own hyperinflation (thereby HAMMERING our own currency) and NO ONE wants any part of it. Not even Iraq. Iraq may well be the one currency in the UNIVERSE with the actual assets to be a true non-Fiat currency and is still referred to as “grossly undervalued”...
6-24-2022 Newshound Guru Samson Article: "In The Document.. The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar" [NOTE: Reducing the exchange of the dollar against the dinar increases the rate of the dinar against the dollar.]
6-24-2022 Newshound/Intel Guru Mnt Goat When this signal is given to the CBI, then they will move ahead to the next step which in the project to delete the zeros. We know that this project will coincide or slightly precede the reinstatement of the IQD back to FOREX. When FOREX happens the OFAC sanctions will be lifted and we go to the bank... Yes, this could happen by mid-July... The possibility is VERY real that this ongoing RV saga could also be over. [post 2 of 2]
6-24-2022 Newshound/Intel Guru Mnt Goat We all should be aware by now the Central Bank of Iraq (CBI) is waiting in the wings to conduct the project to delete the zeros. They have been waiting since January, when they proposed to do it but were asked to hold off until they settle this election saga...I am being told that when the new government is formed, if it is a stable one, the US Treasury fully intends to support the reinstatement. [post 1 of 2....stay tuned]
6-23-2022 Intel Guru Frank26 Because it's all part of the education... concerning the monetary reform. Eventually...coins will come out but what they're telling them right now, at the onset/at the very beginning when you go to the ATM machines you will not be retrieving any of these coins...They will round off the numbers. They will not get into fractional banking...Transactions...will go smooth without the coins. [Post 2 of 2]
6-23-2022 Intel Guru Frank26 Article: "Malsain issues a book documenting Iraqi stamps and coins" This was released by the Central Bank of Iraq in the meetings they've been having with their citizens. Why in the world would the Central Bank of Iraq once again bring out their old coins and now bring out stamps from that era and the currency that was being used in that era? Why? [Post 1 of 2....stay tuned]
6-23-2022 Intel Guru MarkZ [via PDK] Article: “The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar” This means they are going to reduce the rate of the US dollar which will increase the value of the Iraqi Dinar. I am told they have called for an emergency session to move forward and change the exchange rate. We have been looking for this…the parliament is leaning on the CBI….it’s pretty exciting.
6-23-2022 Newshound Guru Kaperoni Al-Maliki is now replacing parliamentary members as a result of Al-Sadr quitting. This is setting the stage for Maliki to be sworn in as the Prime Minister again. Not good news.
6-23-2022 Guest Guru Daytrader [Response to Guru Tivon post below] The article [Guru] Tivon references did state a fair rate would be 100,000 to $100. We’ve also all seen multitudes of articles talking about removing the three zeros. I believe the three zeros will be removed from 100,000 to $100 to become 100 IQD = $100; or 1:1...
6-23-2022 Newshound Guru Sandy Ingram Article: "Iraq oil minister expects exports ceiling to reach 3.8 man BPD in June, 3.85 man BPD in July". Iraq is looking at very large oil revenues in the coming months.
6-23-2022 Newshound Guru Pimpy There are a lot of different factors that have to be taken into consideration before they change the rate...the things that we should be looking for...are not being met. The government nor the economy is stable. They depend too much on oil. They need to build a private sector...Until those things are addressed you're not going to have any change in the currency...
6-23-2022 Newshound Guru Tivon Article "Al-Kazemi’s advisor: “relative” control over prices and food security will support us" There it is Ladies & Gentlemen...This means they can come out at a comfortable 100,000/100 USD at anytime. Which is basically a flat rate of 1:1 if you divide 1 by 100,000 IQD. Until Iraq has a reinstatement of their Dinar you will keep seeing the emphasis on this EFSL. This will not slow down.
6-23-2022 Intel Guru MarkZ [via PDK] Today –in Iraq they called for an emergency parliamentary session to discuss reducing the price of the dollar…this means strengthening the price of the dinar. This is breaking news out of Baghdad today. So a special parliamentary meeting about changing the exchange rate. Its in the news and a massive point they are working on…to get that exchange rate up…. We are waiting on details as to “when” this will occur. But this is pretty exciting news coming out of Iraq now that they are starting to get their political house in order.
6-23-2022 Newshound Guru Militiaman Article: "Minister of Finance: The Ministry is keen to implement the provisions of the Emergency Support Law for Food Security and Development" the EFSL, it was voted on 06/08/2022. 15 days to be law with out signature is estimated to be today or by tomorrow. With the Finance Minister being keen on implementation today, is a very positive sign. He is the legal side of the check book.. Lol The CBI just has the cash.. lol It may have to wait to be published, but, effectively it is law once the 15 day is up which would be in my opinion anytime now...
6-23-2022 Intel Guru MarkZ [via PDK] RV news is still quiet…but there is a lot of real world news that shows we are close...
6-23-2022 Intel Guru Frank26 Article: "Malsain issues a book documenting Iraqi stamps and coins" This was released by the Central Bank of Iraq in the meetings they've been having with their citizens. Why in the world would the Central Bank of Iraq once again bring out their old coins and now bring out stamps from that era and the currency that was being used in that era? Why? [Post 1 of 2....stay tuned]
6-23-2022 Intel Guru MarkZ [via PDK] Article: “The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar” This means they are going to reduce the rate of the US dollar which will increase the value of the Iraqi Dinar. I am told they have called for an emergency session to move forward and change the exchange rate. We have been looking for this…the parliament is leaning on the CBI….it’s pretty exciting.
6-23-2022 Newshound Guru Kaperoni Al-Maliki is now replacing parliamentary members as a result of Al-Sadr quitting. This is setting the stage for Maliki to be sworn in as the Prime Minister again. Not good news.
6-23-2022 Guest Guru Daytrader [Response to Guru Tivon post below] The article [Guru] Tivon references did state a fair rate would be 100,000 to $100. We’ve also all seen multitudes of articles talking about removing the three zeros. I believe the three zeros will be removed from 100,000 to $100 to become 100 IQD = $100; or 1:1...
6-23-2022 Newshound Guru Sandy Ingram Article: "Iraq oil minister expects exports ceiling to reach 3.8 man BPD in June, 3.85 man BPD in July". Iraq is looking at very large oil revenues in the coming months.
6-23-2022 Newshound Guru Pimpy There are a lot of different factors that have to be taken into consideration before they change the rate...the things that we should be looking for...are not being met. The government nor the economy is stable. They depend too much on oil. They need to build a private sector...Until those things are addressed you're not going to have any change in the currency...
6-23-2022 Newshound Guru Tivon Article "Al-Kazemi’s advisor: “relative” control over prices and food security will support us" There it is Ladies & Gentlemen...This means they can come out at a comfortable 100,000/100 USD at anytime. Which is basically a flat rate of 1:1 if you divide 1 by 100,000 IQD. Until Iraq has a reinstatement of their Dinar you will keep seeing the emphasis on this EFSL. This will not slow down.
6-23-2022 Intel Guru MarkZ [via PDK] Today –in Iraq they called for an emergency parliamentary session to discuss reducing the price of the dollar…this means strengthening the price of the dinar. This is breaking news out of Baghdad today. So a special parliamentary meeting about changing the exchange rate. Its in the news and a massive point they are working on…to get that exchange rate up…. We are waiting on details as to “when” this will occur. But this is pretty exciting news coming out of Iraq now that they are starting to get their political house in order.
6-23-2022 Newshound Guru Militiaman Article: "Minister of Finance: The Ministry is keen to implement the provisions of the Emergency Support Law for Food Security and Development" the EFSL, it was voted on 06/08/2022. 15 days to be law with out signature is estimated to be today or by tomorrow. With the Finance Minister being keen on implementation today, is a very positive sign. He is the legal side of the check book.. Lol The CBI just has the cash.. lol It may have to wait to be published, but, effectively it is law once the 15 day is up which would be in my opinion anytime now...
6-23-2022 Intel Guru MarkZ [via PDK] RV news is still quiet…but there is a lot of real world news that shows we are close...
6-22-2022 Newshound Guru Samson Article " Iraq Achieves The Highest Oil Revenue In Its History"
6-22-2022 Newshound Guru Kaperoni ...Yes, al-Maliki desperately wants to be prime minister again. Not good news.
6-22-2022 Newshound Guru Militiaman The EFSL is slated for tomorrow and or the 23rd to be law, whether it is signed by the President or not, as if it is not, it becomes law after 15 days regardless...the law was voted on 06/08/2022.
6-22-2022 Newshound Guru Godlover I try to keep things real. I just can't reasonably see them releasing a new rate in their current situation, it just seems illogical. Way too much corruption, way too much political impasses. This EFSL may very well pave the way to what we seek....but it will be some time imo
6-22-2022 Intel Guru Bruce [via WiserNow] ...we have according to one individual at one of the redemption centers – he is giving it a 98% chance that we would get... (Wed) afternoon/evening - or maybe it means we set appointments tomorrow and go on Thursday – either way is a win/win notified...Once we get that I say we are golden - we really are...we’re looking good...
6-22-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: On the TV today about new book put out about the stamps and the coins. They are starting to teach us about the coins we are supposed to be getting for Iraq...
6-22-2022 Intel Guru MarkZ [via PDK] Things are still very quiet…but still positive... I believe we are in a holding pattern while we wait on the “trigger event”... things are getting closer...My guess is there will be a seated government in the next one to two weeks tops. They are running out of excuses not to pull the trigger.
6-22-2022 Newshound Guru Pimpy Just because you have a lot of money doesn't mean the rate change is going to take place...You have an economy that is not stable...a government that is not even formed... There are uprising taking place...ISIS is rearing up their ugly head again...these are the things you have to take into consideration before you change the exchange rate. Outside investors are not going to show up until it's a lot more solid... [Post 2 of 2]
6-22-2022 Newshound Guru Pimpy I said I do not believe we're going to see any type of a rate change any sooner than a couple years. People lost their damn minds. They're freaking out. I know. I get it... [but] this is the 'stay grounded channel'. I try to educate as I go along...showing you what it is that has to be put in place before an exchange rate of a currency can be considered. Iraq is nowhere near there... [Post 1 of 2....stay tuned]
6-22-2022 Newshound Guru Tivon Article: "A statement by the Ministry of Finance on the debts of social protection beneficiaries" I wouldn't understand someone reading this...Financial Stability, Reducing Poverty, or Social Protection, and not think they can achieve this without granting "Purchasing Power" which would require them not only to reinstate the currency but also installing the NSCN...The next 24-48 hours will tell us alot...We are in prime position right now. This is unfolding beautifully.
6-22-2022 Guru Nader From The Mid East Sadat [Sadr] is back to parliament to get maliki out Iraqi dinar.
6-22-2022 Intel Guru MarkZ [via PDK] [Mark, do you know when the last RV happened?] The last major one was Kuwait in 1992…then in iraq in the early 70’s it RV ‘d in similar numbers as we are looking at now. Iraq has had 3 over the last 100 years. After world war 2 there were a number of them like in Germany and Japan.
6-22-2022 Newshound Guru Kaperoni ...Yes, al-Maliki desperately wants to be prime minister again. Not good news.
6-22-2022 Newshound Guru Militiaman The EFSL is slated for tomorrow and or the 23rd to be law, whether it is signed by the President or not, as if it is not, it becomes law after 15 days regardless...the law was voted on 06/08/2022.
6-22-2022 Newshound Guru Godlover I try to keep things real. I just can't reasonably see them releasing a new rate in their current situation, it just seems illogical. Way too much corruption, way too much political impasses. This EFSL may very well pave the way to what we seek....but it will be some time imo
6-22-2022 Intel Guru Bruce [via WiserNow] ...we have according to one individual at one of the redemption centers – he is giving it a 98% chance that we would get... (Wed) afternoon/evening - or maybe it means we set appointments tomorrow and go on Thursday – either way is a win/win notified...Once we get that I say we are golden - we really are...we’re looking good...
6-22-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: On the TV today about new book put out about the stamps and the coins. They are starting to teach us about the coins we are supposed to be getting for Iraq...
6-22-2022 Intel Guru MarkZ [via PDK] Things are still very quiet…but still positive... I believe we are in a holding pattern while we wait on the “trigger event”... things are getting closer...My guess is there will be a seated government in the next one to two weeks tops. They are running out of excuses not to pull the trigger.
6-22-2022 Newshound Guru Pimpy Just because you have a lot of money doesn't mean the rate change is going to take place...You have an economy that is not stable...a government that is not even formed... There are uprising taking place...ISIS is rearing up their ugly head again...these are the things you have to take into consideration before you change the exchange rate. Outside investors are not going to show up until it's a lot more solid... [Post 2 of 2]
6-22-2022 Newshound Guru Pimpy I said I do not believe we're going to see any type of a rate change any sooner than a couple years. People lost their damn minds. They're freaking out. I know. I get it... [but] this is the 'stay grounded channel'. I try to educate as I go along...showing you what it is that has to be put in place before an exchange rate of a currency can be considered. Iraq is nowhere near there... [Post 1 of 2....stay tuned]
6-22-2022 Newshound Guru Tivon Article: "A statement by the Ministry of Finance on the debts of social protection beneficiaries" I wouldn't understand someone reading this...Financial Stability, Reducing Poverty, or Social Protection, and not think they can achieve this without granting "Purchasing Power" which would require them not only to reinstate the currency but also installing the NSCN...The next 24-48 hours will tell us alot...We are in prime position right now. This is unfolding beautifully.
6-22-2022 Guru Nader From The Mid East Sadat [Sadr] is back to parliament to get maliki out Iraqi dinar.
6-22-2022 Intel Guru MarkZ [via PDK] [Mark, do you know when the last RV happened?] The last major one was Kuwait in 1992…then in iraq in the early 70’s it RV ‘d in similar numbers as we are looking at now. Iraq has had 3 over the last 100 years. After world war 2 there were a number of them like in Germany and Japan.
6-21-2022 Newshound/Intel Guru RVAlready Fortunately, the CBI governor does not seem to be in the Maliki camp. He has been too slow getting this done, but he appears to be moving in the right direction.
6-21-2022 Intel Guru MarkZ [via PDK] Still a lot of back and forth in Iraq about when they are going to seat a government. I did speak with a contact in the middle east who works in the finance field…he told me to stop watching the government over there and all their shenanigans…that the RV is in the hands of the CBI…and they are expecting it to go very soon.
6-21-2022 Newshound Guru Walkingstick [via Frank26] Article: "The Governor of the Central Bank of Iraq receives a delegation from the Egmont Group" That is huge. That is part of the meeting the CBI and what the central bank is telling everybody. This is part of their education of the monetary reform...the CBI is simply doing it's job. They're not worrying about politics.
6-21-2022 Newshound Guru Petra Watching the Parliamentary antics is truly a waste of time. We watch the ESFL exclusively and the actions of the CBI. And, with the ESFL on the precipice of full exposure it is many opinion that the rate will be exposed prior to any new government sitting so as no one bloc can claim success in freeing the people with their new PP available with the new rate. This was the design of the WP's and its authors since they were designed.
6-21-2022 Newshound Guru MilitiaMan Article: "Finance: We Have Made Remarkable Achievements For The Banking Sector During The First Half Of 2022" It looks like they are setting the stage to be ISO compliant. We have witnessed the set up of new high tech ATMs. Once everyone is ready and integrated I suspect they'll issue the ISO certification all at once. We can see...they are not waiting on any future form of government...This is a good sign of things to come...
6-21-2022 Intel Guru MarkZ [via PDK] ...I am hearing Iraq is moving forward with their governance…they are discussing this tomorrow in their legislative day...The chatter is still positive even if we don’t have money yet. I’m expecting this to be a big week.
6-21-2022 Newshound Guru Pimpy If the Coordinating Framework forms their government and somehow, some way Maliki makes it to Prime Minister this is going to be really bad. There's going to be serious uprisings. These are the same people that were in office that got kicked out in October of 2019 when the protesters rose up. They are the corrupt people. These are the same people that Sadr wanted out of office...Maliki becomes prime minister...that country is going to become unstable for quite some time.
6-21-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Maliki is back on television. He is talking on News Channel 1 about his desire to be the next prime minister. He's saying the Framework will pick him to lead and he will accept. If this happens the streets of Baghdad will be in red with blood from an uprising. We will not stand for this... FRANK: ...I told you there was a plan...Kazemi has proven himself to be a leader..over and over again...stay strong with Kazemi and Mustafa.
6-21-2022 Newshound/Intel Guru Mnt Goat Article: "THE WHITE PAPER AIMS TO ACHIEVE TWO STRATEGIC GOALS" Quotes: "the white paper aims to achieve two strategic goals: 1. the first is to initiate a radical and immediate reform program... 2. ...“The paper was designed to present a mixture of strategies and policies to confront Iraq’s economic problems,...regardless of the form of the next government” as investors of the IQD we know that the White Paper is significant to us because...they tell us a goal is to go international and back to FOREX.
6-21-2022 Intel Guru MarkZ [via PDK] [Are rates set in stone or are they going to float?] I am told they are set in stone.
6-21-2022 Intel Guru MarkZ [via PDK] Still a lot of back and forth in Iraq about when they are going to seat a government. I did speak with a contact in the middle east who works in the finance field…he told me to stop watching the government over there and all their shenanigans…that the RV is in the hands of the CBI…and they are expecting it to go very soon.
6-21-2022 Newshound Guru Walkingstick [via Frank26] Article: "The Governor of the Central Bank of Iraq receives a delegation from the Egmont Group" That is huge. That is part of the meeting the CBI and what the central bank is telling everybody. This is part of their education of the monetary reform...the CBI is simply doing it's job. They're not worrying about politics.
6-21-2022 Newshound Guru Petra Watching the Parliamentary antics is truly a waste of time. We watch the ESFL exclusively and the actions of the CBI. And, with the ESFL on the precipice of full exposure it is many opinion that the rate will be exposed prior to any new government sitting so as no one bloc can claim success in freeing the people with their new PP available with the new rate. This was the design of the WP's and its authors since they were designed.
6-21-2022 Newshound Guru MilitiaMan Article: "Finance: We Have Made Remarkable Achievements For The Banking Sector During The First Half Of 2022" It looks like they are setting the stage to be ISO compliant. We have witnessed the set up of new high tech ATMs. Once everyone is ready and integrated I suspect they'll issue the ISO certification all at once. We can see...they are not waiting on any future form of government...This is a good sign of things to come...
6-21-2022 Intel Guru MarkZ [via PDK] ...I am hearing Iraq is moving forward with their governance…they are discussing this tomorrow in their legislative day...The chatter is still positive even if we don’t have money yet. I’m expecting this to be a big week.
6-21-2022 Newshound Guru Pimpy If the Coordinating Framework forms their government and somehow, some way Maliki makes it to Prime Minister this is going to be really bad. There's going to be serious uprisings. These are the same people that were in office that got kicked out in October of 2019 when the protesters rose up. They are the corrupt people. These are the same people that Sadr wanted out of office...Maliki becomes prime minister...that country is going to become unstable for quite some time.
6-21-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Maliki is back on television. He is talking on News Channel 1 about his desire to be the next prime minister. He's saying the Framework will pick him to lead and he will accept. If this happens the streets of Baghdad will be in red with blood from an uprising. We will not stand for this... FRANK: ...I told you there was a plan...Kazemi has proven himself to be a leader..over and over again...stay strong with Kazemi and Mustafa.
6-21-2022 Newshound/Intel Guru Mnt Goat Article: "THE WHITE PAPER AIMS TO ACHIEVE TWO STRATEGIC GOALS" Quotes: "the white paper aims to achieve two strategic goals: 1. the first is to initiate a radical and immediate reform program... 2. ...“The paper was designed to present a mixture of strategies and policies to confront Iraq’s economic problems,...regardless of the form of the next government” as investors of the IQD we know that the White Paper is significant to us because...they tell us a goal is to go international and back to FOREX.
6-21-2022 Intel Guru MarkZ [via PDK] [Are rates set in stone or are they going to float?] I am told they are set in stone.
6-20-2022 Newshound Guru Kaperoni As I've already stated there are two proposals in Iraq. The first proposal which is being taught to citizens is a currency replacement or a LOP. The second proposal which I believe is the directive of the IMF is to allow the currency to gradually appreciate over time as their economy grows. This is not an overnight event but a long-term event.
6-20-2022 Newshound Guru Pimpy Article: "Al-Maliki's coalition moves to vote on replacements for the Sadrist parliament in an emergency session" Maliki was pushing these people to go ahead and accept the resignation of Sadr and his deputies as quickly as possible...He wanted to replace him so badly and quickly that he called an emergency session...I don't want to say it's over for Sadr yet until it's over. You can see Maliki is in a rush to make sure that Sadr's people cannot come back. Will that happen? Let's see...
6-20-2022 Intel Guru MarkZ [via PDK] ...all in all it has been a very exciting day for information...I was told...from one contact...currency exchanges would be moving forward… We just need to manage our expectations. I’m always a bit nervous when everyone is on the same page. But we are watching historic times.
6-20-2022 Intel Guru RayRen98 MULTIPLE BANK SOURCES ARE "ANTICIPATING" EXCHANGE ACTIVITY STARTING TUESDAY AND THROUGHOUT THE WEEK ----TIME WILL TELL!
6-20-2022 Newshound Guru Tivon Article: "Al-Kazemi's advisor talks in detail about the white paper: reforms in a professional manner" ...The EFSL/Citizens Entitlements that is not contingent upon a seated government. White Papers/EFSL go hand & hand...they want this done irregardless of what is going on in the political realms...The EFSL is basically the official start or initiator of the "The White Papers". And the Monetary/Economic Reform...
6-20-2022 Newshound Guru Samson Article: "Iraq is the first in the Arab world and the sixth globally with the highest growth rate of GDP in 2022". Quote: "Iraq ranked first in the Arab world in terms of GDP growth rate, followed by Kuwait, then Saudi Arabia third, then Egypt fourth and Oman fifth."
6-20-2022 Intel Guru MarkZ [via PDK] There has been really good chatter about today. Even European contacts think something will be happening overnight tonight...we will see what tomorrow will bring…stay grounded. We are close…
6-20-2022 Newshound Guru Militiaman They'll need to get the exchange rate of the IQD internationally accepted and cleared. The new ATMs with currency recycling and mention of coins today are huge clues as to that Iraq is getting ready for internationalism by those two items alone a long with the AMF being ready for more currencies. The education is underway and gaining steam in Iraq.. All looks very good.. [Post 2 of 2]
6-20-2022 Newshound Guru Militiaman Article: "The Arab Monetary Fund Holds An Interactive Workshop To Talk About The Experience And Interaction Of Participating Financial Institutions With The Buna Platform For Arab Payments" Iraq is going to be one of the largest trading partners in the region and the re construction of the country is to be under way shortly... [Post 1 of 2....stay tuned]
6-20-2022 Intel Guru Frank26 Mustafa is educating the banks around the world right now...I lost count when I got up over 100...I don't even know how many banks have come to see the CBI and have a meeting with them. Bank after bank after bank after bank from all around the world. ...can't help but to wonder that an agreed structural formation is being formed right now to be released. And it's traveling pretty fast I think.
6-20-2022 Newshound Guru Pimpy Article: "Al-Maliki's coalition moves to vote on replacements for the Sadrist parliament in an emergency session" Maliki was pushing these people to go ahead and accept the resignation of Sadr and his deputies as quickly as possible...He wanted to replace him so badly and quickly that he called an emergency session...I don't want to say it's over for Sadr yet until it's over. You can see Maliki is in a rush to make sure that Sadr's people cannot come back. Will that happen? Let's see...
6-20-2022 Intel Guru MarkZ [via PDK] ...all in all it has been a very exciting day for information...I was told...from one contact...currency exchanges would be moving forward… We just need to manage our expectations. I’m always a bit nervous when everyone is on the same page. But we are watching historic times.
6-20-2022 Intel Guru RayRen98 MULTIPLE BANK SOURCES ARE "ANTICIPATING" EXCHANGE ACTIVITY STARTING TUESDAY AND THROUGHOUT THE WEEK ----TIME WILL TELL!
6-20-2022 Newshound Guru Tivon Article: "Al-Kazemi's advisor talks in detail about the white paper: reforms in a professional manner" ...The EFSL/Citizens Entitlements that is not contingent upon a seated government. White Papers/EFSL go hand & hand...they want this done irregardless of what is going on in the political realms...The EFSL is basically the official start or initiator of the "The White Papers". And the Monetary/Economic Reform...
6-20-2022 Newshound Guru Samson Article: "Iraq is the first in the Arab world and the sixth globally with the highest growth rate of GDP in 2022". Quote: "Iraq ranked first in the Arab world in terms of GDP growth rate, followed by Kuwait, then Saudi Arabia third, then Egypt fourth and Oman fifth."
6-20-2022 Intel Guru MarkZ [via PDK] There has been really good chatter about today. Even European contacts think something will be happening overnight tonight...we will see what tomorrow will bring…stay grounded. We are close…
6-20-2022 Newshound Guru Militiaman They'll need to get the exchange rate of the IQD internationally accepted and cleared. The new ATMs with currency recycling and mention of coins today are huge clues as to that Iraq is getting ready for internationalism by those two items alone a long with the AMF being ready for more currencies. The education is underway and gaining steam in Iraq.. All looks very good.. [Post 2 of 2]
6-20-2022 Newshound Guru Militiaman Article: "The Arab Monetary Fund Holds An Interactive Workshop To Talk About The Experience And Interaction Of Participating Financial Institutions With The Buna Platform For Arab Payments" Iraq is going to be one of the largest trading partners in the region and the re construction of the country is to be under way shortly... [Post 1 of 2....stay tuned]
6-20-2022 Intel Guru Frank26 Mustafa is educating the banks around the world right now...I lost count when I got up over 100...I don't even know how many banks have come to see the CBI and have a meeting with them. Bank after bank after bank after bank from all around the world. ...can't help but to wonder that an agreed structural formation is being formed right now to be released. And it's traveling pretty fast I think.
6-19-2022 Guru Nader From The Mid East I think when the reinstatement happen, if they're putting it back on Forex, the bank will accept it and go to the bank and you change your dinar and that's it. This is that simple. It's gonna be taxes involved in it. The government is gonna take from you for sure. All over the world it works like that.
6-19-2022 Newshound Guru Kaperoni ...A country's currency exchange rate is not random or arbitrary. Usually a currency's exchange rate is based on economic growth, GDP, reserves, etc...If the dinar ever does go up in value it will be gradually over time (via float) as Iraq's economy grows and prospers. Doing so would allow them to gradually reduce the currency in circulation as the value increases.
6-19-2022 Newshound Guru Sandy Ingram I know some of you are tired of hearing about parliament...but please know that the parliament vote has everything to do with the new president of Iraq and the new prime minister which will ultimately affect our investment in the Iraqi dinar...all the news is interconnected.
6-19-2022 Newshound Guru Pimpy The Framework suggests that the current will return and reveal the latest developments in the talks with its traditional rival" When they say 'the current' what they're talking about is the government that is currently installed - Al Kazemi, Saleh...
6-19-2022 Newshound Guru Tivon Al-Tamimi (Legal Expert) said the EFSL will enter implementation after 15 days regardless of any signature by the President of The Republic.
6-19-2022 Newshound Guru Petra The EFSL is marching down a time controlled track. And, we do not know if Saleh has signed the law or not. Regardless, we are all in agreement that it becomes law 15 days from the vote. So why has he not signed it? Because...PM K and THE COM needed time to review all the contracts to insure when the deployment deadline hits...the EFSL can handle all the contracts, the CBI can defend the rate globally, And the secondary markets are protected as they begin to develop the Iraqi infrastructure.
6-19-2022 Intel Guru Frank26 the CBI and Kazemi are not wasting time. They're going about their business and getting all the reforms done. Are they dealing with the New Small Category Notes and the exchange rate now? Yes! 'Why do I say this so boldly?' Because the CBI boldly put out these new ATM machines. 'Do they still have the 3 zero notes in them?' Yes. 'They don't have the NSCNs in them yet? No. 'Well then that means that they're gonna just stay with the 3 zero notes frank. They're never going to change them.' No.
6-19-2022 Intel Guru MarkZ [via PDK] On the RV front still hearing very positive things for the 20th and the 21st. There is no negative news coming out of Iraq. Article “The Central bank of Iraq: We launched 17 trillion dinars of development initiatives” We also shared several articles over the last 2 days about the continued support and execution for the white papers. We did get more chatter out of Iraq for the need to increase the value of their currency yesterday. Still looks like we are in a great spot…nothing negative.
6-19-2022 Newshound Guru Kaperoni ...A country's currency exchange rate is not random or arbitrary. Usually a currency's exchange rate is based on economic growth, GDP, reserves, etc...If the dinar ever does go up in value it will be gradually over time (via float) as Iraq's economy grows and prospers. Doing so would allow them to gradually reduce the currency in circulation as the value increases.
6-19-2022 Newshound Guru Sandy Ingram I know some of you are tired of hearing about parliament...but please know that the parliament vote has everything to do with the new president of Iraq and the new prime minister which will ultimately affect our investment in the Iraqi dinar...all the news is interconnected.
6-19-2022 Newshound Guru Pimpy The Framework suggests that the current will return and reveal the latest developments in the talks with its traditional rival" When they say 'the current' what they're talking about is the government that is currently installed - Al Kazemi, Saleh...
6-19-2022 Newshound Guru Tivon Al-Tamimi (Legal Expert) said the EFSL will enter implementation after 15 days regardless of any signature by the President of The Republic.
6-19-2022 Newshound Guru Petra The EFSL is marching down a time controlled track. And, we do not know if Saleh has signed the law or not. Regardless, we are all in agreement that it becomes law 15 days from the vote. So why has he not signed it? Because...PM K and THE COM needed time to review all the contracts to insure when the deployment deadline hits...the EFSL can handle all the contracts, the CBI can defend the rate globally, And the secondary markets are protected as they begin to develop the Iraqi infrastructure.
6-19-2022 Intel Guru Frank26 the CBI and Kazemi are not wasting time. They're going about their business and getting all the reforms done. Are they dealing with the New Small Category Notes and the exchange rate now? Yes! 'Why do I say this so boldly?' Because the CBI boldly put out these new ATM machines. 'Do they still have the 3 zero notes in them?' Yes. 'They don't have the NSCNs in them yet? No. 'Well then that means that they're gonna just stay with the 3 zero notes frank. They're never going to change them.' No.
6-19-2022 Intel Guru MarkZ [via PDK] On the RV front still hearing very positive things for the 20th and the 21st. There is no negative news coming out of Iraq. Article “The Central bank of Iraq: We launched 17 trillion dinars of development initiatives” We also shared several articles over the last 2 days about the continued support and execution for the white papers. We did get more chatter out of Iraq for the need to increase the value of their currency yesterday. Still looks like we are in a great spot…nothing negative.
6-18-2022 Intel Guru Frank26 Article "The central electronic platform for letters of guarantee enhances confidence in banking transactions" ATMs INTERNATIONAL AND DOMESTIC... Article "Communications announces the allocation of two orbits for the Iraqi satellite launch project" SATELLITES ARE FOR INTERNATIONAL COMMUNICATION!!! ISN'T THAT CORRECT MUSK?
6-18-2022 Newshound Guru Samson Article "Al-Maliki flirts with Al-Sadr and offers cooperation" [Note: We include this article because I found it so cute! :)]
6-18-2022 Newshound Guru Sandy Ingram Iraqi law stipulates that when lawmakers resign from parliament their seats are to be distributed to the runner-up parties. What this means is Iran 's Sunni influence in Iraq will likely grow considerably. This may not be the best outcome for investors. The runner-ups are Iran-backed supporters.
6-18-2022 Newshound Guru Tivon ...All the EFSL is waiting on is the signature of Presidency Saleh. Not something still pending like the Gov formation...Al-Zamili said last week in a statement, (6 June 2022), that “this law is among the most important laws that, if enacted, will contribute significantly to tackling unemployment and creating job opportunities for young people, as it will guarantee them all pension rights and privileges." This is the private sector Ladies & Gentlemen. How can this work without an exchange rate?
6-18-2022 Newshound Guru Godlover I am still leaning towards the EFLS not having what we all seek...I think the EFSL is just as it states, an emergency law to give their citizens immediate relief. Just too much talk of the need for a new government (or extension with full powers from current), & the passage of the 2022 budget to dismiss...
6-18-2022 Newshound Guru Pimpy Sadr knows what he's doing. He absolutely knew by resigning was going to cause all kinds of issues for the Coordinating Framework...there's a problem, they're still trying to figure out how to get Sadr back along with his deputies. This puts Sadr in a strong position of power...the Coordination Framework has to be freaking out. Sadr is a lot more popular than people realize and he easily can cause an uprising...I think...he'll come back only if he gets what he wants...
6-18-2022 Newshound Guru Militiaman The Central Bank of Iraq has shown to the Central Bank of England new currency with a need for smaller increments to make change. That is in that they showed them the NSCNs...Then we saw the ATMs that have new innovative technology to recycle currency. They roll out of the new exchange rate education is imo fully underway. All while the EFSL has a time clock to be presented in the Gazette. I like what we are seeing. [Post 2 of 2]
6-18-2022 Newshound Guru MilitiaMan Article: "Maysani issues a book documenting Iraqi stamps and coins" Timing if this being exposed is not by coincidence, imo. They'll likely once they re issue a new exchange rate will have a need for coins, thus, the book would be expected to be updated to reflect this next historical move. [Post 1 of 2....stay tuned]
6-18-2022 Intel Guru Bruce [via WiserNow] One source has told us that we will be dancing in the streets – celebrating when this goes for us...we’re hearing anytime between where we are right now and July 4th...
6-18-2022 Newshound/Intel Guru Mnt Goat ...After my conversation with...my contact in the Central Bank of Iraq (CBI)... I still firmly believe that this is the year to see the reinstatement of the Iraqi dinar. I was told the target is still by end of June...With the reinstatement to FOREX the goose that is laying the golden eggs of corruption money will end since the currency auctions in the capacity of today will also end...I was told that this is sooooo close (and I mean so very close) to the event...
6-18-2022 Newshound Guru Samson Article "Al-Maliki flirts with Al-Sadr and offers cooperation" [Note: We include this article because I found it so cute! :)]
6-18-2022 Newshound Guru Sandy Ingram Iraqi law stipulates that when lawmakers resign from parliament their seats are to be distributed to the runner-up parties. What this means is Iran 's Sunni influence in Iraq will likely grow considerably. This may not be the best outcome for investors. The runner-ups are Iran-backed supporters.
6-18-2022 Newshound Guru Tivon ...All the EFSL is waiting on is the signature of Presidency Saleh. Not something still pending like the Gov formation...Al-Zamili said last week in a statement, (6 June 2022), that “this law is among the most important laws that, if enacted, will contribute significantly to tackling unemployment and creating job opportunities for young people, as it will guarantee them all pension rights and privileges." This is the private sector Ladies & Gentlemen. How can this work without an exchange rate?
6-18-2022 Newshound Guru Godlover I am still leaning towards the EFLS not having what we all seek...I think the EFSL is just as it states, an emergency law to give their citizens immediate relief. Just too much talk of the need for a new government (or extension with full powers from current), & the passage of the 2022 budget to dismiss...
6-18-2022 Newshound Guru Pimpy Sadr knows what he's doing. He absolutely knew by resigning was going to cause all kinds of issues for the Coordinating Framework...there's a problem, they're still trying to figure out how to get Sadr back along with his deputies. This puts Sadr in a strong position of power...the Coordination Framework has to be freaking out. Sadr is a lot more popular than people realize and he easily can cause an uprising...I think...he'll come back only if he gets what he wants...
6-18-2022 Newshound Guru Militiaman The Central Bank of Iraq has shown to the Central Bank of England new currency with a need for smaller increments to make change. That is in that they showed them the NSCNs...Then we saw the ATMs that have new innovative technology to recycle currency. They roll out of the new exchange rate education is imo fully underway. All while the EFSL has a time clock to be presented in the Gazette. I like what we are seeing. [Post 2 of 2]
6-18-2022 Newshound Guru MilitiaMan Article: "Maysani issues a book documenting Iraqi stamps and coins" Timing if this being exposed is not by coincidence, imo. They'll likely once they re issue a new exchange rate will have a need for coins, thus, the book would be expected to be updated to reflect this next historical move. [Post 1 of 2....stay tuned]
6-18-2022 Intel Guru Bruce [via WiserNow] One source has told us that we will be dancing in the streets – celebrating when this goes for us...we’re hearing anytime between where we are right now and July 4th...
6-18-2022 Newshound/Intel Guru Mnt Goat ...After my conversation with...my contact in the Central Bank of Iraq (CBI)... I still firmly believe that this is the year to see the reinstatement of the Iraqi dinar. I was told the target is still by end of June...With the reinstatement to FOREX the goose that is laying the golden eggs of corruption money will end since the currency auctions in the capacity of today will also end...I was told that this is sooooo close (and I mean so very close) to the event...
6-17-2022 Newshound Guru Militiaman Article: "Extensive praises to the Customs Authority after implementing the 'Automation' system" The borders are ready for the CBI to show case the rate...Imo We are in a worldly place now...
6-17-2022 Intel Guru MarkZ [via PDK] We do have some key things from Iraq with Sadr stepping down. I hear they called the bluff and it worked exceptionally well. They are planning on having their government squared away first of the week. Also 2 articles late in the day yesterday that they are moving forward with the white papers and monetary reform …now that there is no longer a block.
6-17-2022 Newshound Guru Samson Article: "The World Bank warns of the impact of the delay in forming the government and approving the budget on the growth of Iraq's economy"
6-17-2022 Guru Nader From The Mid East I've been reading a lot, 'my opinion', 'my experience', 'my...' Nobody has an opinion in this, nobody has 'experience' of this besides the CBI. The CBI knows everything...it's not the IMF. It's not the World Bank who's going to make decision...The CBI will make this decision. They would say, 'Hey, we're losing money. We have to change our rates and we're going to change our rate.' That's it.
6-17-2022 Intel Guru Bruce [via WiserNow] ...it looks like we are going to be notified in the next few days...information suggested that the redemption center staff would be going in Monday..am – to set our appointments...that is what we’re hearing from a pretty reliable source...a lot of people we normally talk to have been put under gag orders – new NDA’s and it’s quiet...let’s see what happens in the next 3-4 days...
6-17-2022 Newshound Guru Sandy Ingram Article: "Iraq's oil revenues rose to 11.4 billion dollars in May" We were so busy with Iraq's government gridlock that we did not acknowledge oil revenue for May. Iraq's oil financial revenues in May of 2022 were 11.4 billion up 93% from May of 2021 where the oil revenue was $5.9 billion...paid in U.S. dollars for last month's oil revenue.
6-17-2022 Newshound Guru Tivon The 2022 General Budget...is for "New Projects". The Food Security Law" is for stalled ongoing projects that was never spent in the 2021 Budget...That's why they also stated that the 2021 budget was supposed to raise the value of the dinar. Since it didn't they will just use the FSL to and whatever money is left over in the FSL will also be put in the 2022/2023 budget.
6-17-2022 Newshound Guru Pimpy Here's the deal. They offered Sadr to come back into the government. They encouraged him and his deputies to come back into the government. Sadr turned them down...the word is he has turned them down. It's a no. Sadr is not coming back.
6-17-2022 Intel Guru MarkZ [via PDK] I am feeling awfully good about the coming week and the next few days. I have spoken with a number of contacts since last night and they all are of the same mindset…that we are here.
6-17-2022 Intel Guru Frank26 [Referencing recent newly installed ATMs in Iraq articles] 'The recycling currency'. Not 'the recycling of currency' but the 'recycling currency'. What do you thing that means? ...what do you have now? Here use this instead...they're moving very fast to introduce to the citizens a new monetary reform...
6-17-2022 Newshound/Intel Guru Mnt Goat Quote: “Iraq has a unique opportunity to undertake urgent and wide-ranging structural reforms”. We know that many of these reforms to completion in the White Paper can not occur without the one reform we all want to happen. This is the currency reform. ...we heard almost these exact words from Dr. Sinani Shabibi back in 2014 in his news conference. He talked about the proposed “go-ahead” for the reinstatement of the dinar in early 2013... So, this time we are in is yet another “unprecedented opportunity” for Iraq says the Word Bank in the article today. [post 2 of 2]
6-17-2022 Newshound/Intel Guru Mnt Goat Article: "THE WORLD BANK: THE GROWTH OF IRAQ’S ECONOMY IS LINKED TO THE FORMATION OF THE GOVERNMENT AND THE APPROVAL OF THE BUDGET" a report issued by the World Bank, on Wednesday, warned of the impact of the delay in forming the government and approving the budget on the growth of Iraq’s economy. The growth since 2021 was supported by a strong expansion in non-oil production, especially in the services sector. [post 1 of 2....stay tuned]
6-17-2022 Intel Guru Bruce [via WiserNow] the tellers in the major banks went into a training Friday – Saturday – Sunday – and Monday...They brought these tellers up to speed on the revaluation and they trained them on the Delarue machine and they did a lot of this training at the redemption centers...on the currency and exchanges...the fact that the tellers...are being brought up to speed tells us that we’re getting very close to the end of this ride...
6-17-2022 Intel Guru MarkZ [via PDK] We do have some key things from Iraq with Sadr stepping down. I hear they called the bluff and it worked exceptionally well. They are planning on having their government squared away first of the week. Also 2 articles late in the day yesterday that they are moving forward with the white papers and monetary reform …now that there is no longer a block.
6-17-2022 Newshound Guru Samson Article: "The World Bank warns of the impact of the delay in forming the government and approving the budget on the growth of Iraq's economy"
6-17-2022 Guru Nader From The Mid East I've been reading a lot, 'my opinion', 'my experience', 'my...' Nobody has an opinion in this, nobody has 'experience' of this besides the CBI. The CBI knows everything...it's not the IMF. It's not the World Bank who's going to make decision...The CBI will make this decision. They would say, 'Hey, we're losing money. We have to change our rates and we're going to change our rate.' That's it.
6-17-2022 Intel Guru Bruce [via WiserNow] ...it looks like we are going to be notified in the next few days...information suggested that the redemption center staff would be going in Monday..am – to set our appointments...that is what we’re hearing from a pretty reliable source...a lot of people we normally talk to have been put under gag orders – new NDA’s and it’s quiet...let’s see what happens in the next 3-4 days...
6-17-2022 Newshound Guru Sandy Ingram Article: "Iraq's oil revenues rose to 11.4 billion dollars in May" We were so busy with Iraq's government gridlock that we did not acknowledge oil revenue for May. Iraq's oil financial revenues in May of 2022 were 11.4 billion up 93% from May of 2021 where the oil revenue was $5.9 billion...paid in U.S. dollars for last month's oil revenue.
6-17-2022 Newshound Guru Tivon The 2022 General Budget...is for "New Projects". The Food Security Law" is for stalled ongoing projects that was never spent in the 2021 Budget...That's why they also stated that the 2021 budget was supposed to raise the value of the dinar. Since it didn't they will just use the FSL to and whatever money is left over in the FSL will also be put in the 2022/2023 budget.
6-17-2022 Newshound Guru Pimpy Here's the deal. They offered Sadr to come back into the government. They encouraged him and his deputies to come back into the government. Sadr turned them down...the word is he has turned them down. It's a no. Sadr is not coming back.
6-17-2022 Intel Guru MarkZ [via PDK] I am feeling awfully good about the coming week and the next few days. I have spoken with a number of contacts since last night and they all are of the same mindset…that we are here.
6-17-2022 Intel Guru Frank26 [Referencing recent newly installed ATMs in Iraq articles] 'The recycling currency'. Not 'the recycling of currency' but the 'recycling currency'. What do you thing that means? ...what do you have now? Here use this instead...they're moving very fast to introduce to the citizens a new monetary reform...
6-17-2022 Newshound/Intel Guru Mnt Goat Quote: “Iraq has a unique opportunity to undertake urgent and wide-ranging structural reforms”. We know that many of these reforms to completion in the White Paper can not occur without the one reform we all want to happen. This is the currency reform. ...we heard almost these exact words from Dr. Sinani Shabibi back in 2014 in his news conference. He talked about the proposed “go-ahead” for the reinstatement of the dinar in early 2013... So, this time we are in is yet another “unprecedented opportunity” for Iraq says the Word Bank in the article today. [post 2 of 2]
6-17-2022 Newshound/Intel Guru Mnt Goat Article: "THE WORLD BANK: THE GROWTH OF IRAQ’S ECONOMY IS LINKED TO THE FORMATION OF THE GOVERNMENT AND THE APPROVAL OF THE BUDGET" a report issued by the World Bank, on Wednesday, warned of the impact of the delay in forming the government and approving the budget on the growth of Iraq’s economy. The growth since 2021 was supported by a strong expansion in non-oil production, especially in the services sector. [post 1 of 2....stay tuned]
6-17-2022 Intel Guru Bruce [via WiserNow] the tellers in the major banks went into a training Friday – Saturday – Sunday – and Monday...They brought these tellers up to speed on the revaluation and they trained them on the Delarue machine and they did a lot of this training at the redemption centers...on the currency and exchanges...the fact that the tellers...are being brought up to speed tells us that we’re getting very close to the end of this ride...
6-16-2022 Newshound Guru Militiaman [Member comment about Article "Diebold Nixdorf deploys new ATMs in Iraq" we’ve been down this road before about the ATM machines and nothing happened] ...There were new machines in the past, yes...many back then were not working however, just sitting idle...If we read closely they are even more modern now with new technology that integrate cash recycling capabilities...One stroke of the canvas has it as swapping old currency for new currency...
6-16-2022 Intel Guru MarkZ [via PDK] ...in Iraq...I have a few key drops of intel. They are moving quickly...may have the government sat by early next week. Maybe Monday or so…that’s the chatter. There were 2 good articles out about how the white papers revived the banking sector. We have been expecting for some time now to find the new rate in the white papers. I was told they needed to get the Food Security bill done so they could move forward with the white papers. I am praying this is it and that is accurate.
6-16-2022 Guru Nader From The Mid East News - they're talking about the dinar may start floating. I don't know why now. I have no idea when...the dinar will not go to $3 right away...it will float at least for 6 months or a year maybe...we don't know if it's gonna be $3, $2, $1. No body knows...stay grounded.
6-16-2022 Newshound Guru Pimpy Is it possible that Sadr and his deputies can be reinstated? That would be interesting Article "An initiative by the president...to support the framework to restore the Sadrist movement to the political process."
6-16-2022 Intel Guru Bob Locke [via PDK] Has been so quiet lately…but last night my phone lit up with calls...One of them said "this stuff is going"... I see things are moving very quickly now …it’s a good thing…I am very hopeful we are there.
6-16-2022 Newshound Guru Deepwoodz Article: "Diebold Nixdorf deploys new ATMs in Iraq" I really like this. Quote: “and in our next phase, the ATM’s integrated cash recycling capabilities” Out with the old, in with the…wait In with the old, and out with the new!
6-16-2022 Newshound Guru Tivon Article: "World Bank: Iran's economy is the fastest growing in the world" Remember what Iran announced...They want to introduce their currency on the exchange markets. Why did they announce this before Iraq? Iraq has the oil contracts... This surprised Iran because it wasn't supposed to happen. Nobody knew Kurdistan was going to be forced to sign that over. Out of all the years we have been in this investment Iran never pulled something like this...
6-16-2022 Intel Guru Frank26 Article: "Diebold Nixdorf deploys new ATMs in Iraq" JUST LIKE [Guru] WALKINGSTICK & I TOLD YOU THE CBI RIGHT ON COURSE WITH THE ATMs!
6-16-2022 Intel Guru Bruce [via WiserNow] ...First of all about 70% of the Iraq Parliament has been replaced in the last few days and that means that new people...have already stepped up to take their positions in the new parliament – as Iraq is seating their new government ...we believe that some of the old people that were put in by Maliki were people that were trying to keep this revaluation of the Iraqi dinar from going...known internationally...according to our sources in Iraq has ended and now we’re looking for the rate of the new dinar – to come out along with the seating of their parliament...
6-16-2022 Intel Guru MarkZ [via PDK] ...in Iraq...I have a few key drops of intel. They are moving quickly...may have the government sat by early next week. Maybe Monday or so…that’s the chatter. There were 2 good articles out about how the white papers revived the banking sector. We have been expecting for some time now to find the new rate in the white papers. I was told they needed to get the Food Security bill done so they could move forward with the white papers. I am praying this is it and that is accurate.
6-16-2022 Guru Nader From The Mid East News - they're talking about the dinar may start floating. I don't know why now. I have no idea when...the dinar will not go to $3 right away...it will float at least for 6 months or a year maybe...we don't know if it's gonna be $3, $2, $1. No body knows...stay grounded.
6-16-2022 Newshound Guru Pimpy Is it possible that Sadr and his deputies can be reinstated? That would be interesting Article "An initiative by the president...to support the framework to restore the Sadrist movement to the political process."
6-16-2022 Intel Guru Bob Locke [via PDK] Has been so quiet lately…but last night my phone lit up with calls...One of them said "this stuff is going"... I see things are moving very quickly now …it’s a good thing…I am very hopeful we are there.
6-16-2022 Newshound Guru Deepwoodz Article: "Diebold Nixdorf deploys new ATMs in Iraq" I really like this. Quote: “and in our next phase, the ATM’s integrated cash recycling capabilities” Out with the old, in with the…wait In with the old, and out with the new!
6-16-2022 Newshound Guru Tivon Article: "World Bank: Iran's economy is the fastest growing in the world" Remember what Iran announced...They want to introduce their currency on the exchange markets. Why did they announce this before Iraq? Iraq has the oil contracts... This surprised Iran because it wasn't supposed to happen. Nobody knew Kurdistan was going to be forced to sign that over. Out of all the years we have been in this investment Iran never pulled something like this...
6-16-2022 Intel Guru Frank26 Article: "Diebold Nixdorf deploys new ATMs in Iraq" JUST LIKE [Guru] WALKINGSTICK & I TOLD YOU THE CBI RIGHT ON COURSE WITH THE ATMs!
6-16-2022 Intel Guru Bruce [via WiserNow] ...First of all about 70% of the Iraq Parliament has been replaced in the last few days and that means that new people...have already stepped up to take their positions in the new parliament – as Iraq is seating their new government ...we believe that some of the old people that were put in by Maliki were people that were trying to keep this revaluation of the Iraqi dinar from going...known internationally...according to our sources in Iraq has ended and now we’re looking for the rate of the new dinar – to come out along with the seating of their parliament...
6-15-2022 Newshound Guru Samson Article: "World Bank: Iran 's economy is the fastest growing in the world". Quote "The World Bank announced that the annual growth rate of the Iranian economy this year has reached three and seven percent, which will constitute its highest level in the global economy for this year."
6-15-2022 Intel Guru MarkZ [via PDK] [Do you think Iraq will announce in-country before we go?] I think so…there would be instability in iraq if we hear it over her first. I personally think they will announce it over there first…and try to keep it quiet over there for at least a few hours or a day. I don’t think they can keep it a secret for the 10 days Kuwait had done…internet won’t let them...todays world is too interconnected with cell phones, social media….
6-15-2022 Newshound Guru Tivon If they said the 2021 Budget...was supposed to "Raise The Value of The Dinar" and that they will empty the 2021 Budget and put all the money in the "Food Security Law" what do you think the FSL will do for the Dinar if Mazhar Muhammad Saleh stated it will move the wheel of the economy? Raise The Value of The Dinar right? Keep in mind that the Oil & Gas Law is in the FSL. What's makes up 90% of Iraqs revenue? Oil. IMO
6-15-2022 Intel Guru Frank26 Article: "The Central Bank of Iraq meets the International Islamic Rating Agency" FLOAT THE DINAR... INTERNATIONAL BANKS! Quote " the agency's delegation confirmed that the Iraqi Islamic banking sector is one of the promising sectors, expressing the agency's readiness to cooperate with the Central Bank in implementing its vision and providing the necessary support."
6-15-2022 Guru Nader From The Mid East Article: "Diebold Nixdorf has announced that Al Qurtas Islamic Bank is the first to reply its DN Series ATMs in Iraq" Everybody's talking about the new ATMs. They've been installed, yes. Yesterday morning I was at the bank and I said (to myself) 'Maybe ATMs gonna be new small categories...' Well not this morning. Took some money from it and it's same money. It's a 25 and the 10 and the 5 thousands.
6-15-2022 Newshound Guru Sandy Ingram Article: "Nearly $700m Stolen From Iraq State Banks" ...A total of 926 billion Iraqi dinars equaling $697 million U.S. dollars went missing due to forgery, embezzlement, manipulation, money laundering and abuse of position...yes, people are going to prison.
6-15-2022 Intel Guru MarkZ [via PDK] ...there are things right now I am not allowed to talk about…there are things I don’t get to share that has encouraged me. News has been all over the place for the last few days…from anytime now to occurring middle of this week to the fist of September. The overwhelming majority of folks however, think that somewhere in the second half of June we will see the revaluation. I do not think there will be any more can kicking at all.
6-15-2022 Newshound Guru Pimpy They'll tell you, 'Well, we'll find out what the exchange rate is. You come in buy x amount of dollars of it, you give us the US dollars, we'll give you the foreign currency and when you get back you'll exchange it back the other way." There's no magical handling of the currency. Iraq is no different. [Post 2 of 2]
6-15-2022 Newshound Guru Pimpy You can literally call your local bank or get a hold of any bank that handles exchanging of currency...They can answer any question. Don't bring up the Iraqi dinar. They'll just say they don't do any buying or selling of the Iraqi dinar but just talk about how it works in general. Just say, 'Hey if I want to go to 'Afoosistan' what do I do?' [Post 1 of 2....stay tuned]
6-15-2022 Newshound Guru Tivon Iran just told everyone what they are about to do with their currency. You think Iraq will just sit idly by while the Iranian Rial is performing in the currency market appreciating in value without reinstating prior or right after when they also have the means to do it now thanks to the FSL?
6-15-2022 Intel Guru MarkZ [via PDK] Article “Washington: We are ready to work with any Iraqi government on condition” The condition is they put the Iraqi people first- The sovereignty of the Iraqi people first…We have been expecting this. This is why Sadr’s bloc resigned en masse…to force things to move forward. This is a positive sign.
6-15-2022 Intel Guru MarkZ [via PDK] [Do you think Iraq will announce in-country before we go?] I think so…there would be instability in iraq if we hear it over her first. I personally think they will announce it over there first…and try to keep it quiet over there for at least a few hours or a day. I don’t think they can keep it a secret for the 10 days Kuwait had done…internet won’t let them...todays world is too interconnected with cell phones, social media….
6-15-2022 Newshound Guru Tivon If they said the 2021 Budget...was supposed to "Raise The Value of The Dinar" and that they will empty the 2021 Budget and put all the money in the "Food Security Law" what do you think the FSL will do for the Dinar if Mazhar Muhammad Saleh stated it will move the wheel of the economy? Raise The Value of The Dinar right? Keep in mind that the Oil & Gas Law is in the FSL. What's makes up 90% of Iraqs revenue? Oil. IMO
6-15-2022 Intel Guru Frank26 Article: "The Central Bank of Iraq meets the International Islamic Rating Agency" FLOAT THE DINAR... INTERNATIONAL BANKS! Quote " the agency's delegation confirmed that the Iraqi Islamic banking sector is one of the promising sectors, expressing the agency's readiness to cooperate with the Central Bank in implementing its vision and providing the necessary support."
6-15-2022 Guru Nader From The Mid East Article: "Diebold Nixdorf has announced that Al Qurtas Islamic Bank is the first to reply its DN Series ATMs in Iraq" Everybody's talking about the new ATMs. They've been installed, yes. Yesterday morning I was at the bank and I said (to myself) 'Maybe ATMs gonna be new small categories...' Well not this morning. Took some money from it and it's same money. It's a 25 and the 10 and the 5 thousands.
6-15-2022 Newshound Guru Sandy Ingram Article: "Nearly $700m Stolen From Iraq State Banks" ...A total of 926 billion Iraqi dinars equaling $697 million U.S. dollars went missing due to forgery, embezzlement, manipulation, money laundering and abuse of position...yes, people are going to prison.
6-15-2022 Intel Guru MarkZ [via PDK] ...there are things right now I am not allowed to talk about…there are things I don’t get to share that has encouraged me. News has been all over the place for the last few days…from anytime now to occurring middle of this week to the fist of September. The overwhelming majority of folks however, think that somewhere in the second half of June we will see the revaluation. I do not think there will be any more can kicking at all.
6-15-2022 Newshound Guru Pimpy They'll tell you, 'Well, we'll find out what the exchange rate is. You come in buy x amount of dollars of it, you give us the US dollars, we'll give you the foreign currency and when you get back you'll exchange it back the other way." There's no magical handling of the currency. Iraq is no different. [Post 2 of 2]
6-15-2022 Newshound Guru Pimpy You can literally call your local bank or get a hold of any bank that handles exchanging of currency...They can answer any question. Don't bring up the Iraqi dinar. They'll just say they don't do any buying or selling of the Iraqi dinar but just talk about how it works in general. Just say, 'Hey if I want to go to 'Afoosistan' what do I do?' [Post 1 of 2....stay tuned]
6-15-2022 Newshound Guru Tivon Iran just told everyone what they are about to do with their currency. You think Iraq will just sit idly by while the Iranian Rial is performing in the currency market appreciating in value without reinstating prior or right after when they also have the means to do it now thanks to the FSL?
6-15-2022 Intel Guru MarkZ [via PDK] Article “Washington: We are ready to work with any Iraqi government on condition” The condition is they put the Iraqi people first- The sovereignty of the Iraqi people first…We have been expecting this. This is why Sadr’s bloc resigned en masse…to force things to move forward. This is a positive sign.
6-14-2022 Newshound Guru Tivon Question: "totally confused so if no budget needs to be approved! When will the rate change?" FSL is acting as a budget (Financially) until one is approved ...They do not need the budget to allocate any funds, the FSL will do that. So when they release a rate it will be because of the forecasted input/output of the Overall GDP that influence what price they decide to come out at....Let the CBI do their job because it's them who will release the rate...
6-14-2022 Intel Guru MarkZ [via PDK] Article: “$180 a barrel …Expectations of a big jump in oil prices” This is forecast before the end of the year which spells big trouble for us at the pumps. But, for Iraq and the RV process, it will allow them to increase the rate of when they can pay off the revaluation and help their people.
6-14-2022 Guru Nader From The Mid East [Referencing Guru Militiaman post 6-10-2022] If you look at the picture they put when the CBI given a gift to the Bank of London it was a 25,000 dinars. If you look closely it's 25,000 dinars. That's the gift they got. Small category is gonna happen but I don't know if it's gonna happen now. It's too early I think. They're working on it. They said it.
6-14-2022 Newshound/Intel Gurus Walkingstick and Frank26 IOO [Iraqi Citizens] ...will soon see the roll out of the new ATM machines. They will probably be empty but they'll see them...IOO hundreds of new ATM machines are being moved into the streets of Iraq. That's why we tell you with confidence...I'm giving you markers of what you might want to anticipate. You're gonna see these ATM machines...
6-14-2022 Newshound Guru Pimpy ...Sadr resigned. Him and all his deputies...What does this means for Iraq? ...I really felt Sadr was going to win in this game of chicken...all I know is there are a lot of corrupt people in this Coordinated Framework. They are all Iranian-backed politicians. This is not good for the Iraqi people...I still hope some good comes out of this...
6-14-2022 Newshound Guru Militiaman We are so seeing the Monetary Reforms on Steroids. The best is yet to come and imo it is coming without delay now.
6-14-2022 Newshound Guru Samson Article: "American Airlines resumes flying in Iraqi airspace"
6-14-2022 Newshound Guru Tivon ...Train yourself to focus on pertinent things that help you understand your investment. Al-Sadr is not one of them at this stage. If he went missing never to return for whatever reason would not make one dent in this investment. The FSL was specifically created to prolong the Al-Kazemi government, not Sadr!...Look for what happens once the FSL is published in the Gazette. Imo [Post 2 of 2]
6-14-2022 Newshound Guru Tivon Question: "Sadrists resigning thier positions in parliament...isn't that a bad thing for us as investors?" Al-Sadr, done his job. He got the Criminalizing Normalization Law done. He got the "Emergency Food Security Law" done. He got the Kurdistan Regional Oil & Gas Law signed over to Baghdad done. What more do you want from the man? You should be focusing on Al-Kazemi and his team. He is next up to bat... [Post 1 of 2....stay tuned]
6-14-2022 Intel Guru MarkZ [via PDK] [What is the expected Dinar rate] Most people expect the RI (Reinstatement) rate (on the conservative side) would be at least in the low to mid $3 range…if they use the NEER Rate (Nominal Effective Exchange Rate) the rate would start at about $1.60 and float.
6-14-2022 Guru Nader From The Mid East ...The exchange rate if it happened, happened with the CBI. No body else. No governments. No Maliki. No Sadr. No nobody. Nobody's gonna get involved in this. It's the economy and it's the CBI Bank. The CBI is in change of everything financial...we're waiting for the CBI. Waiting for the economy to get better. Waiting for the private sector to get stable... politics has nothing to do with this...I don't think it's going to happen this year.
6-14-2022 Newshound Guru Kaperoni Within a month or so the IMF will release the latest Article IV Consultation with Iraq which was completed last month and will give us an update on monetary policy.
6-14-2022 Intel Guru MarkZ [via PDK] Article: “$180 a barrel …Expectations of a big jump in oil prices” This is forecast before the end of the year which spells big trouble for us at the pumps. But, for Iraq and the RV process, it will allow them to increase the rate of when they can pay off the revaluation and help their people.
6-14-2022 Guru Nader From The Mid East [Referencing Guru Militiaman post 6-10-2022] If you look at the picture they put when the CBI given a gift to the Bank of London it was a 25,000 dinars. If you look closely it's 25,000 dinars. That's the gift they got. Small category is gonna happen but I don't know if it's gonna happen now. It's too early I think. They're working on it. They said it.
6-14-2022 Newshound/Intel Gurus Walkingstick and Frank26 IOO [Iraqi Citizens] ...will soon see the roll out of the new ATM machines. They will probably be empty but they'll see them...IOO hundreds of new ATM machines are being moved into the streets of Iraq. That's why we tell you with confidence...I'm giving you markers of what you might want to anticipate. You're gonna see these ATM machines...
6-14-2022 Newshound Guru Pimpy ...Sadr resigned. Him and all his deputies...What does this means for Iraq? ...I really felt Sadr was going to win in this game of chicken...all I know is there are a lot of corrupt people in this Coordinated Framework. They are all Iranian-backed politicians. This is not good for the Iraqi people...I still hope some good comes out of this...
6-14-2022 Newshound Guru Militiaman We are so seeing the Monetary Reforms on Steroids. The best is yet to come and imo it is coming without delay now.
6-14-2022 Newshound Guru Samson Article: "American Airlines resumes flying in Iraqi airspace"
6-14-2022 Newshound Guru Tivon ...Train yourself to focus on pertinent things that help you understand your investment. Al-Sadr is not one of them at this stage. If he went missing never to return for whatever reason would not make one dent in this investment. The FSL was specifically created to prolong the Al-Kazemi government, not Sadr!...Look for what happens once the FSL is published in the Gazette. Imo [Post 2 of 2]
6-14-2022 Newshound Guru Tivon Question: "Sadrists resigning thier positions in parliament...isn't that a bad thing for us as investors?" Al-Sadr, done his job. He got the Criminalizing Normalization Law done. He got the "Emergency Food Security Law" done. He got the Kurdistan Regional Oil & Gas Law signed over to Baghdad done. What more do you want from the man? You should be focusing on Al-Kazemi and his team. He is next up to bat... [Post 1 of 2....stay tuned]
6-14-2022 Intel Guru MarkZ [via PDK] [What is the expected Dinar rate] Most people expect the RI (Reinstatement) rate (on the conservative side) would be at least in the low to mid $3 range…if they use the NEER Rate (Nominal Effective Exchange Rate) the rate would start at about $1.60 and float.
6-14-2022 Guru Nader From The Mid East ...The exchange rate if it happened, happened with the CBI. No body else. No governments. No Maliki. No Sadr. No nobody. Nobody's gonna get involved in this. It's the economy and it's the CBI Bank. The CBI is in change of everything financial...we're waiting for the CBI. Waiting for the economy to get better. Waiting for the private sector to get stable... politics has nothing to do with this...I don't think it's going to happen this year.
6-14-2022 Newshound Guru Kaperoni Within a month or so the IMF will release the latest Article IV Consultation with Iraq which was completed last month and will give us an update on monetary policy.
6-13-2022 Newshound Guru Samson Article: "New details about the upcoming framework meeting.. Al-Sadr's negotiating committee to reverse the resignations". Quote: "the meeting that will be held by the leaders of the framework, will discuss a number of proposals to solve the political crisis, including the formation of a committee whose mission is to discuss with the leader of the Sadrist movement, Muqtada al-Sadr, to reverse the decision to withdraw."
6-13-2022 Intel Guru MarkZ [via PDK] I am still being leaned on to not share specifics of who is where for security...there are certain timing things I am still being asked not to share. Does any of this decide our timing…I don’t think so…but I will keep playing their game because we are seeing progress. News from Iraq is up and down…lot of conflicting article about Sadr, the blocs etc...let it play out. It should all come together in the next 24-48 hours.
6-13-2022 Newshound Guru Tivon Maybe because they also have customs and the borders under full control which adds to theirs revenues? Because now that the Food Security Law basically covers the local market where the governorates can subsidize products and sell them cheaper to the citizens materials will not be affected if the change the exchange rate because what did Mazhar Saleh state? That the hard currency reserves will protect Iraq against any future inflation... [Post 2 of 2]
6-13-2022 Newshound Guru Tivon Article: "The crisis of the value of the Iraqi dinar against the dollar .. Are we facing a breakthrough?" Why would this particular guy figure now is the time to seize the opportunity to correct the exchange rate of the Iraqi Dinar? Maybe because the hard currency reserves is approaching full coverage of the dinar? Maybe because Baghdad now has the oil contracts in the "Food Security Law"...? [Post 1 of 2....stay tuned]
6-13-2022 Intel Guru Frank26 Where we used to be miles away IMO we are now inches away. Not so much from an announcement of a new exchange rate but of an announcement from these [new ATM] machines.
6-13-2022 Newshound Guru Militiaman Article: "Al-Halbousi accepts the resignations of the Sadrist bloc’s deputies" The resignation of the largest bloc puts Kahdimi and Saleh in office for an additional two years. They’ll from the looks of it dissolve parliament. That move takes away the immunity for those that have committed corruption against the state.. Sets up the stage for early elections and finishing up 2 years of power for Kahdimi at the helm as Prime Minister...I imagine this next week is going to be eventful lol
6-13-2022 Intel Guru MarkZ [via PDK] [I want to hear from MarkZ why 70 percent of the legislators in Iraq all at once up and resigned!] ...It was their intention to force the government to be sat…this is not a negative…it’s a gigantic positive…they are forcing a conclusion to all the gridlock... they are moving quickly to a culmination of events. With the bloc of parliament resigning…no longer have gridlock and they have already paid Iran for their electricity. I think we will see a lot of news out of Iraq in the next few days now that they are off “stuck”.
6-13-2022 Newshound Guru Samson Article: "Al-Halbousi accepts the resignations of the Sadrist bloc’s deputies" Quote: "The Speaker of the Iraqi Parliament, Muhammad al-Halbousi, approved on Sunday the resignation of the Sadrist bloc's deputies, shortly after a directive issued by al-Sadr to his deputies in this regard."
6-13-2022 Newshound Guru Kaperoni ...as long as Maliki has power there's a chance that nothing's going to happen in Iraq. And it seems to be more and more coming true. He has now pushed Al-Sadr out of the political process. Not good.
6-13-2022 Newshound Guru Sandy Ingram Article: "Iraqi MPs Loyal to Muqtada Al-Sadr Resign" Ok people this is no longer just talk...Iraqi lawmakers loyal to the popular Al-Sadar resigned from parliament in order to break the country's political deadlock...the question now is who will fill these seats. What does the constitution say about empty parliament seats? Will parliament elect a new government by this time next week?
6-13-2022 Guest Guru Zig ...and mentioned that Kuwait 's currency adjusted to a higher value, 3.47 USD... I called my bank, Bank of Hawaii, and they confirmed... So I went with my bills and cashed them in... I had to show my passport with the date when I was in Egypt ... it was my former boss in SA that called about their RI/adjustment then I went through his broker... It went from 0.05 to 3.47 USD... It was just an exchange, no tax. ... There is more to the story...It did happen... [NOTE: Consult your tax professionals at the appropriate time to determine the proper tax for your unique circumstances.] [Post 2 of 2]
6-13-2022 Guest Guru Zig [Kuwaiti Dinar Community Member Story] "...I was working in Riyadh in 1989 for a developer, and Amed, my boss, was telling me of a 'rumor' that Kuwait was planning to 'adjust' their currency... Remember, Iraq was attacking Kuwait 's oil wells... Well with the help of USA & international assistance, adjustments were about to take place... I never heard the RV by name, just an 'adjustment'... Their currency at that time was .05... While there I bought quite a bit of their currency, quite a bit in Riyadh ... I was back in Honolulu around March when my currency broker from the past called me at home... [Post 1 of 2....stay tuned]
6-13-2022 Intel Guru MarkZ [via PDK] I am still being leaned on to not share specifics of who is where for security...there are certain timing things I am still being asked not to share. Does any of this decide our timing…I don’t think so…but I will keep playing their game because we are seeing progress. News from Iraq is up and down…lot of conflicting article about Sadr, the blocs etc...let it play out. It should all come together in the next 24-48 hours.
6-13-2022 Newshound Guru Tivon Maybe because they also have customs and the borders under full control which adds to theirs revenues? Because now that the Food Security Law basically covers the local market where the governorates can subsidize products and sell them cheaper to the citizens materials will not be affected if the change the exchange rate because what did Mazhar Saleh state? That the hard currency reserves will protect Iraq against any future inflation... [Post 2 of 2]
6-13-2022 Newshound Guru Tivon Article: "The crisis of the value of the Iraqi dinar against the dollar .. Are we facing a breakthrough?" Why would this particular guy figure now is the time to seize the opportunity to correct the exchange rate of the Iraqi Dinar? Maybe because the hard currency reserves is approaching full coverage of the dinar? Maybe because Baghdad now has the oil contracts in the "Food Security Law"...? [Post 1 of 2....stay tuned]
6-13-2022 Intel Guru Frank26 Where we used to be miles away IMO we are now inches away. Not so much from an announcement of a new exchange rate but of an announcement from these [new ATM] machines.
6-13-2022 Newshound Guru Militiaman Article: "Al-Halbousi accepts the resignations of the Sadrist bloc’s deputies" The resignation of the largest bloc puts Kahdimi and Saleh in office for an additional two years. They’ll from the looks of it dissolve parliament. That move takes away the immunity for those that have committed corruption against the state.. Sets up the stage for early elections and finishing up 2 years of power for Kahdimi at the helm as Prime Minister...I imagine this next week is going to be eventful lol
6-13-2022 Intel Guru MarkZ [via PDK] [I want to hear from MarkZ why 70 percent of the legislators in Iraq all at once up and resigned!] ...It was their intention to force the government to be sat…this is not a negative…it’s a gigantic positive…they are forcing a conclusion to all the gridlock... they are moving quickly to a culmination of events. With the bloc of parliament resigning…no longer have gridlock and they have already paid Iran for their electricity. I think we will see a lot of news out of Iraq in the next few days now that they are off “stuck”.
6-13-2022 Newshound Guru Samson Article: "Al-Halbousi accepts the resignations of the Sadrist bloc’s deputies" Quote: "The Speaker of the Iraqi Parliament, Muhammad al-Halbousi, approved on Sunday the resignation of the Sadrist bloc's deputies, shortly after a directive issued by al-Sadr to his deputies in this regard."
6-13-2022 Newshound Guru Kaperoni ...as long as Maliki has power there's a chance that nothing's going to happen in Iraq. And it seems to be more and more coming true. He has now pushed Al-Sadr out of the political process. Not good.
6-13-2022 Newshound Guru Sandy Ingram Article: "Iraqi MPs Loyal to Muqtada Al-Sadr Resign" Ok people this is no longer just talk...Iraqi lawmakers loyal to the popular Al-Sadar resigned from parliament in order to break the country's political deadlock...the question now is who will fill these seats. What does the constitution say about empty parliament seats? Will parliament elect a new government by this time next week?
6-13-2022 Guest Guru Zig ...and mentioned that Kuwait 's currency adjusted to a higher value, 3.47 USD... I called my bank, Bank of Hawaii, and they confirmed... So I went with my bills and cashed them in... I had to show my passport with the date when I was in Egypt ... it was my former boss in SA that called about their RI/adjustment then I went through his broker... It went from 0.05 to 3.47 USD... It was just an exchange, no tax. ... There is more to the story...It did happen... [NOTE: Consult your tax professionals at the appropriate time to determine the proper tax for your unique circumstances.] [Post 2 of 2]
6-13-2022 Guest Guru Zig [Kuwaiti Dinar Community Member Story] "...I was working in Riyadh in 1989 for a developer, and Amed, my boss, was telling me of a 'rumor' that Kuwait was planning to 'adjust' their currency... Remember, Iraq was attacking Kuwait 's oil wells... Well with the help of USA & international assistance, adjustments were about to take place... I never heard the RV by name, just an 'adjustment'... Their currency at that time was .05... While there I bought quite a bit of their currency, quite a bit in Riyadh ... I was back in Honolulu around March when my currency broker from the past called me at home... [Post 1 of 2....stay tuned]
6-12-2022 Guru Nader From The Mid East Some people asked me how they're going to change their money if they live in the United States? I have not idea because we're not international yet. The banks in the United States doesn't buy because I tried online. I have an account in United States and I try to exchange money...they don't deal with Iraqi dinar or something like that. So I have no idea how you guys gonna do it. I hope banks start accepting it. [Post 2 of 2]
6-12-2022 Guru Nader From The Mid East Some people ask me what happen if lose three zeros...how they're going to change their money or what they're going to give you? If you have 25,000 you'll get twenty five thousand small category. That's normal. If the rate changes 25,000 becomes 75,000. That's correct yes. [Post 1 of 2....stay tuned]
6-12-2022 Newshound Guru Pimpy [Question about Pimpy's 2 year outlook] "Two years to stabilize Iraq's economy? How the hell do you supposed Iraq 's economy stabilizes without a rate change?" ...How do you think it's not going to take two years? I'm saying two years minimum and that's just because the government has to be formed and stabilized, the project to create the private sector have to be started and it's going to take a couple of years for them to even be establish. That's the best case scenario...
6-12-2022 Newshound Guru Samson Article: "The 10 most powerful currencies in the world in terms of currency strength against the dollar" 1 - The Kuwaiti dinar ($3.29)...oil wealth and its presence in the global market... 2 - The Bahraini dinar ($2.65) ...supported by oil products and exports... 3 - The Omani riyal ($2.6)...increase in value due to the success of oil supplies... 4 - The Jordanian dinar ($1.41) 5- The pound sterling ($1.26) 6 - Gibraltar pound ($1.23) 7 - Cayman Islands dollar ($1.2) 8 - Euro ($1.1) 9 - Swiss franc ($1.01) 10 - The US dollar...the first reserve currency in the world...
6-12-2022 Newshound Guru Walkingstick [via Frank26] ...the Iraqi banks have been shown these new small category notes at least 4 times in these meetings this year alone...Also they discussed further study on the hologram and the security strips...They are beyond the presentation... the banks don't have the small category notes, yet. Nor do the ATM machines, yet...Kazemi and Mustafa will know when to do that. [Post 2 of 2]
6-12-2022 Newshound Guru Walkingstick [via Frank26] ...Every time they [The CBI & Banks] have meetings they show them [the NSCN] again but they show the denominations in different colors and they change the colors constantly in the presentation of the samples and specimens. We believe that is very brilliant in order to keep security and counterfeiting down. IOO... [Post 1 of 2....stay tuned]
6-12-2022 Newshound Guru Pimpy There's no military that's going to handle it [dinar exchange]. The only time you ever see the military get involved with the exchange of a currency happened in 2003 in Iraq when they exchanged the old currency for the new currency and it was necessary for the military to be there because at the time Iraq was not stable and didn't have means to protect the money...The country is much much further along today than it was in 2003. But as far as exchange and currency is concerned the military don't need to be involved. Not at all.
6-12-2022 Newshound Guru BobTheTaxMan These have got to be done before the RV. Remember...We can only give $16,000 per person so if we do it after the RV that's only $16,000 dollars that we can give to our heirs or to anybody else...before we have to report it on a gift tax return which goes against the estate. That's why...getting them done before the RV is so important because the value is still small...Make lots and lots of them because it doesn't take just a minute to get these things done. It's important. [Post 2 of 2] [NOTE: At the appropriate time consult your tax professionals to determine the best tax strategy for your unique situation.]
6-12-2022 Newshound Guru BobTheTaxMan Gifting assignments... they're simple. You can do them in the middle of the night in your underwear...it's going be really really valuable somewhere down the road. The cool part is you may never need them but if something happens and they drop the [estate tax rate] caps down as far as they say they want...or if the value goes really really high, we've got a problem Houston. You're better off better off to have them and not need them than need them and not have them. [Post 1 of 2....stay tuned] [NOTE: At the appropriate time consult your tax professionals to determine the best tax strategy for your unique situation.]
6-12-2022 Newshound/Intel Guru BGG Article: "Al-Maliki’s Coalition: The Food Security Law Is Unconstitutional And Is Nothing More Than A Dead Letter" Kinda’ curious how Maliki’s gang is sooooo spun up about this “Law”. When was the last time you heard these crooks complaining about a “bad law”?? Never seemed to bother them before…
6-12-2022 Guru Nader From The Mid East Some people ask me what happen if lose three zeros...how they're going to change their money or what they're going to give you? If you have 25,000 you'll get twenty five thousand small category. That's normal. If the rate changes 25,000 becomes 75,000. That's correct yes. [Post 1 of 2....stay tuned]
6-12-2022 Newshound Guru Pimpy [Question about Pimpy's 2 year outlook] "Two years to stabilize Iraq's economy? How the hell do you supposed Iraq 's economy stabilizes without a rate change?" ...How do you think it's not going to take two years? I'm saying two years minimum and that's just because the government has to be formed and stabilized, the project to create the private sector have to be started and it's going to take a couple of years for them to even be establish. That's the best case scenario...
6-12-2022 Newshound Guru Samson Article: "The 10 most powerful currencies in the world in terms of currency strength against the dollar" 1 - The Kuwaiti dinar ($3.29)...oil wealth and its presence in the global market... 2 - The Bahraini dinar ($2.65) ...supported by oil products and exports... 3 - The Omani riyal ($2.6)...increase in value due to the success of oil supplies... 4 - The Jordanian dinar ($1.41) 5- The pound sterling ($1.26) 6 - Gibraltar pound ($1.23) 7 - Cayman Islands dollar ($1.2) 8 - Euro ($1.1) 9 - Swiss franc ($1.01) 10 - The US dollar...the first reserve currency in the world...
6-12-2022 Newshound Guru Walkingstick [via Frank26] ...the Iraqi banks have been shown these new small category notes at least 4 times in these meetings this year alone...Also they discussed further study on the hologram and the security strips...They are beyond the presentation... the banks don't have the small category notes, yet. Nor do the ATM machines, yet...Kazemi and Mustafa will know when to do that. [Post 2 of 2]
6-12-2022 Newshound Guru Walkingstick [via Frank26] ...Every time they [The CBI & Banks] have meetings they show them [the NSCN] again but they show the denominations in different colors and they change the colors constantly in the presentation of the samples and specimens. We believe that is very brilliant in order to keep security and counterfeiting down. IOO... [Post 1 of 2....stay tuned]
6-12-2022 Newshound Guru Pimpy There's no military that's going to handle it [dinar exchange]. The only time you ever see the military get involved with the exchange of a currency happened in 2003 in Iraq when they exchanged the old currency for the new currency and it was necessary for the military to be there because at the time Iraq was not stable and didn't have means to protect the money...The country is much much further along today than it was in 2003. But as far as exchange and currency is concerned the military don't need to be involved. Not at all.
6-12-2022 Newshound Guru BobTheTaxMan These have got to be done before the RV. Remember...We can only give $16,000 per person so if we do it after the RV that's only $16,000 dollars that we can give to our heirs or to anybody else...before we have to report it on a gift tax return which goes against the estate. That's why...getting them done before the RV is so important because the value is still small...Make lots and lots of them because it doesn't take just a minute to get these things done. It's important. [Post 2 of 2] [NOTE: At the appropriate time consult your tax professionals to determine the best tax strategy for your unique situation.]
6-12-2022 Newshound Guru BobTheTaxMan Gifting assignments... they're simple. You can do them in the middle of the night in your underwear...it's going be really really valuable somewhere down the road. The cool part is you may never need them but if something happens and they drop the [estate tax rate] caps down as far as they say they want...or if the value goes really really high, we've got a problem Houston. You're better off better off to have them and not need them than need them and not have them. [Post 1 of 2....stay tuned] [NOTE: At the appropriate time consult your tax professionals to determine the best tax strategy for your unique situation.]
6-12-2022 Newshound/Intel Guru BGG Article: "Al-Maliki’s Coalition: The Food Security Law Is Unconstitutional And Is Nothing More Than A Dead Letter" Kinda’ curious how Maliki’s gang is sooooo spun up about this “Law”. When was the last time you heard these crooks complaining about a “bad law”?? Never seemed to bother them before…
6-11-2022 Newshound Guru Militiaman Article: "The Governor of the Central Bank inspects the work of a number of private banks" Those Private Bank inspections are to make sure all is ready for that launching of something special for the citizens.. I am not lost on the Central Bank of Iraq Governor that brought gifts to the Central Bank of England in London a couple weeks ago..[See Militiaman Post from Yesterday] That was something special. The world knows it as well as you an I..
6-11-2022 Guru Nader From The Mid East Community comment: "When the reinstatement happened it's gonna be redemption centers and it's gonna be army bases." Army have nothing to do with it...You cannot go to any army base and change your dinars...about the redemption center, I don't know how it works over there, I feel like it's not real redemption. They give you more money than the dinar cost? Why? They're gonna lose money just to make people make money? I don't think so.
6-11-2022 Newshound Guru Tivon Article: "A Legal Review Of The Pros And Cons of The Food Security Law" Quote: "Al-Tamimi said that it “will be implemented when it is published in the official Gazette and when it is approved by the President of the Republic.” ...This is for people who assumed a rate was going to pop up as soon as the vote was done. They have to then...follow up with the relevant authorities to implement the FSL. Now that we know they are waiting on the publication and the President of The Republic we can relax and let this play out.
6-11-2022 Newshound Guru Kaperoni ...The new food security law has no new exchange rate...There is no discussion at this time in Iraq about a new currency,..there is no new currency or small denominations coming out in the near future...
6-11-2022 Newshound Guru Pimpy Article: "NATO to Al-Kazemi: Iraq is a pivotal country in the region and the world" We know that there are many countries that are eyeballing Iraq...they are the gateway to the Middle East. There are a lot of countries interesting in getting their claws in on Iraq that's for sure...
6-11-2022 Intel Guru MarkZ [via PDK] The chatter has been phenominal ...banks are reporting much more movement then it has in weeks…probably months...There is a whole lot of chatter...on movement and funds being released over the weekend for the beginning of next week so they have spendable liquid cash...bankers out there being given promises…we will see in about 48 hours or less.
6-11-2022 Newshound Guru Breitling Question: "Are you still looking at a rate of .50 to .60 cents or has that changed with everything that's changed in the world?" I haven't heard anything outside of that. 50 to 60 cent range and then they'll work up to a dollar, a $1.17 actually.
6-11-2022 Newshound Guru Tivon Bottom Line. The FSL is working its magic...Citizens Entitlements was apart of the package. And we already know what comes with that. All of this being done without a seated government or 2022 budget. So how important is it really to the reinstatement if we are on the cusp of receiving everything without one? ...
6-11-2022 Intel Guru Bruce [via WiserNow] ...Iraq – they did what they said they were going to do – yesterday – with their rates and it’s a good opening starting rate in country and internationally – it will probably get up to about 8 in a couple days ok just to let you know – and our rate would be much higher than what we’re talking about as an international rate... remember we have the potential to get the highest rates available at the redemption centers just to let you know...
6-11-2022 Guru Nader From The Mid East A lot of people talk about ATM. We didn't see any ATMs. The ATMs exist already. They're in the banks. You can go to the ATM and get money from it. I don't know what they're saying about ATMS installed everywhere. So what, it's not a big deal....
6-11-2022 Newshound/Intel Guru Mnt Goat On Wednesday, the Iraqi parliament approved the “Emergency Support for Food Security and Development” law...Folks, this law has very little significance on the project to delete the zeros and the reinstatement...I can tell you with 10000000% certainty the new RV rate is NOT in this new food security law...
6-11-2022 Guru Nader From The Mid East Community comment: "When the reinstatement happened it's gonna be redemption centers and it's gonna be army bases." Army have nothing to do with it...You cannot go to any army base and change your dinars...about the redemption center, I don't know how it works over there, I feel like it's not real redemption. They give you more money than the dinar cost? Why? They're gonna lose money just to make people make money? I don't think so.
6-11-2022 Newshound Guru Tivon Article: "A Legal Review Of The Pros And Cons of The Food Security Law" Quote: "Al-Tamimi said that it “will be implemented when it is published in the official Gazette and when it is approved by the President of the Republic.” ...This is for people who assumed a rate was going to pop up as soon as the vote was done. They have to then...follow up with the relevant authorities to implement the FSL. Now that we know they are waiting on the publication and the President of The Republic we can relax and let this play out.
6-11-2022 Newshound Guru Kaperoni ...The new food security law has no new exchange rate...There is no discussion at this time in Iraq about a new currency,..there is no new currency or small denominations coming out in the near future...
6-11-2022 Newshound Guru Pimpy Article: "NATO to Al-Kazemi: Iraq is a pivotal country in the region and the world" We know that there are many countries that are eyeballing Iraq...they are the gateway to the Middle East. There are a lot of countries interesting in getting their claws in on Iraq that's for sure...
6-11-2022 Intel Guru MarkZ [via PDK] The chatter has been phenominal ...banks are reporting much more movement then it has in weeks…probably months...There is a whole lot of chatter...on movement and funds being released over the weekend for the beginning of next week so they have spendable liquid cash...bankers out there being given promises…we will see in about 48 hours or less.
6-11-2022 Newshound Guru Breitling Question: "Are you still looking at a rate of .50 to .60 cents or has that changed with everything that's changed in the world?" I haven't heard anything outside of that. 50 to 60 cent range and then they'll work up to a dollar, a $1.17 actually.
6-11-2022 Newshound Guru Tivon Bottom Line. The FSL is working its magic...Citizens Entitlements was apart of the package. And we already know what comes with that. All of this being done without a seated government or 2022 budget. So how important is it really to the reinstatement if we are on the cusp of receiving everything without one? ...
6-11-2022 Intel Guru Bruce [via WiserNow] ...Iraq – they did what they said they were going to do – yesterday – with their rates and it’s a good opening starting rate in country and internationally – it will probably get up to about 8 in a couple days ok just to let you know – and our rate would be much higher than what we’re talking about as an international rate... remember we have the potential to get the highest rates available at the redemption centers just to let you know...
6-11-2022 Guru Nader From The Mid East A lot of people talk about ATM. We didn't see any ATMs. The ATMs exist already. They're in the banks. You can go to the ATM and get money from it. I don't know what they're saying about ATMS installed everywhere. So what, it's not a big deal....
6-11-2022 Newshound/Intel Guru Mnt Goat On Wednesday, the Iraqi parliament approved the “Emergency Support for Food Security and Development” law...Folks, this law has very little significance on the project to delete the zeros and the reinstatement...I can tell you with 10000000% certainty the new RV rate is NOT in this new food security law...
6-10-2022 Newshound Guru Pimpy Iraq is sitting on the brink of all-out civil war. Tensions are rising. Protesters are gathering. There has been assassination attempts. There has been terrorist attacks. If you're... hoping the rate change is going to happen this year - It's not going to happen...it's going to take at least two years and that is if they magically got their government formed, passed the budget and continued expanding on the private and public sectors as well as developing their agriculture...instead we have a stalemate...
6-10-2022 Intel Guru MarkZ [via PDK] What I hear from redemption center folks is they are not working this weekend. They have great hopes moving into next week…At many locations they were training with real currency this week in preparation…This was the first time for many of the employees. News out of Iraq continues to be upbeat...Maybe we will see something big over the weekend... Maybe they will give us a trigger event. ...I don’t anticipate any delays…. I don’t see them kicking the can at all....I think we are in a good place.
6-10-2022 Intel Guru Bruce [via WiserNow] ...Saturday – Sunday and Monday are looking very strong for us for our notifications... and set our appointments for very early next week... this is coming from two very good sources one of which is a Wells Fargo source...what is really interesting ...bank tellers are to be chosen – 6 tellers per location – per bank branch – to be brought up to speed in the next 2 days Friday Saturday on the currencies ...Now – that is really good news...
6-10-2022 Newshound Guru Clare Article: "The Governor of the Central Bank inspects the work of a number of private banks" EXCELLENT!!!... GETTING THINGS READY IMO
6-10-2022 Guru Nader From The Mid East Now I told you it's not going to have nothing to do with the exchange rate. The budget we're waiting for to pass. I think it's gonna help but also I think have nothing to do with the exchange rate too. It's gonna be a little time for exchange to change. We don't know when...Everybody's waiting. I'm waiting too...the exchange goes on I'm out of here...I might go to the United States, Europe, I don't know. [Post 2 of 2]
6-10-2022 Guru Nader From The Mid East They passed the Food Security Law...on TV...politicians coming out and say the Food Security law it's against the people of Iraq...They did that to steal the money...I don't think so. This [money] is gonna go through a lot of good things...some of it's gonna be stolen of course...but I think 90% of it's gonna...make the electricity better, make the water better, make a lot of things better than before. [Post 1 of 2....stay tuned]
6-10-2022 Intel Gurus Mike Cottrell & MarkZ [via PDK] Community Question: Mr C said RV occurs when all banks are closed, so that means Saturday night. May be this coming weekend! MIKE COTTRELL: the question above asks if the RV can go only on a Saturday night when all banks were closed… That was the plan years ago…around 2008- 2010 to 2013…once the gold treaty was signed the execution can happen at any time day of night… But, the primary time would be late at night between 11PM to 3 AM est before London markets open. MARKZ: They have told us in the past that...They wanted a 3 day weekend, but that may not be necessary now that the banking systems have improved so much…. I also think the technology has advanced enough it could go at any time...
6-10-2022 Newshound Guru Militiaman ...Cat is out of the bag.. It has been now for about two weeks...They gift the Bank of England what looks to be like the NSCNs...This presentation is an epic one. It shows...the world that Iraq is ready to open for business....The sovereignty of a country is proclaimed by this action. We now watch the roll out to the international markets. That packet of currency in varying sizes and colors represents a new system that is being presented....One with a new value...The action represents, " The People of Iraq and her sovereignty." [See photo below]
6-10-2022 Intel Guru MarkZ [via PDK] What I hear from redemption center folks is they are not working this weekend. They have great hopes moving into next week…At many locations they were training with real currency this week in preparation…This was the first time for many of the employees. News out of Iraq continues to be upbeat...Maybe we will see something big over the weekend... Maybe they will give us a trigger event. ...I don’t anticipate any delays…. I don’t see them kicking the can at all....I think we are in a good place.
6-10-2022 Intel Guru Bruce [via WiserNow] ...Saturday – Sunday and Monday are looking very strong for us for our notifications... and set our appointments for very early next week... this is coming from two very good sources one of which is a Wells Fargo source...what is really interesting ...bank tellers are to be chosen – 6 tellers per location – per bank branch – to be brought up to speed in the next 2 days Friday Saturday on the currencies ...Now – that is really good news...
6-10-2022 Newshound Guru Clare Article: "The Governor of the Central Bank inspects the work of a number of private banks" EXCELLENT!!!... GETTING THINGS READY IMO
6-10-2022 Guru Nader From The Mid East Now I told you it's not going to have nothing to do with the exchange rate. The budget we're waiting for to pass. I think it's gonna help but also I think have nothing to do with the exchange rate too. It's gonna be a little time for exchange to change. We don't know when...Everybody's waiting. I'm waiting too...the exchange goes on I'm out of here...I might go to the United States, Europe, I don't know. [Post 2 of 2]
6-10-2022 Guru Nader From The Mid East They passed the Food Security Law...on TV...politicians coming out and say the Food Security law it's against the people of Iraq...They did that to steal the money...I don't think so. This [money] is gonna go through a lot of good things...some of it's gonna be stolen of course...but I think 90% of it's gonna...make the electricity better, make the water better, make a lot of things better than before. [Post 1 of 2....stay tuned]
6-10-2022 Intel Gurus Mike Cottrell & MarkZ [via PDK] Community Question: Mr C said RV occurs when all banks are closed, so that means Saturday night. May be this coming weekend! MIKE COTTRELL: the question above asks if the RV can go only on a Saturday night when all banks were closed… That was the plan years ago…around 2008- 2010 to 2013…once the gold treaty was signed the execution can happen at any time day of night… But, the primary time would be late at night between 11PM to 3 AM est before London markets open. MARKZ: They have told us in the past that...They wanted a 3 day weekend, but that may not be necessary now that the banking systems have improved so much…. I also think the technology has advanced enough it could go at any time...
6-10-2022 Newshound Guru Militiaman ...Cat is out of the bag.. It has been now for about two weeks...They gift the Bank of England what looks to be like the NSCNs...This presentation is an epic one. It shows...the world that Iraq is ready to open for business....The sovereignty of a country is proclaimed by this action. We now watch the roll out to the international markets. That packet of currency in varying sizes and colors represents a new system that is being presented....One with a new value...The action represents, " The People of Iraq and her sovereignty." [See photo below]
6-10-2022 Newshound Guru Tivon The HCL/Oil & Gas is the bottom line for everything that will fuel their economy...they can go this entire year if they wanted (Doubt They Do) without budget simply because "Purchasing Power" by default will come from THE HCL/NGO...Saleh said in an interview with Shafak News Agency; "The rise in Iraq's hard currency reserves will increase confidence in the Iraqi dinar and will increase its stability..." He didn't say a budget caused this. The reserves did. Which the FSL has access to in order to produce purchasing power for the citizens.
6-10-2022 Intel Guru Frank26 [Reference to Walkingsticks new CBI articles coming out post below] [Here's] the very first of the articles that are going to be coming out IMO. Article: "The governor of the Central Bank Inspects the works of a number of private banks." Ready...Set...Go!!! ...Take note that the pictures have been removed.
6-10-2022 Newshound Guru Pimpy That is awesome they got the Food Security Law passed. There's going to be some necessary funding taking place. The people are going to receive more money...I like the idea of the 'green papers' - Iraq has to go back to exporting agriculture not importing it...Iraq is in a good position if it could just form the right government and the government continue these reform papers and they stay on track...I'm telling you within 2 years you're gonna see some huge changes in Iraq...
6-10-2022 Intel Guru MarkZ [via PDK] I have one banking contact for years that had told me I was crazy …just told me “Guess what they are training us to do this week? They are training us to verify Vietnamese Dong and Iraqi dinar” This is from a low level banking person who thought I was crazy for believing all this stuff…I thought that was great news.
6-10-2022 Newshound Guru Walkingstick [via Frank26] All of this will be coming from the CBI IOO, the Ministry of Finance and the Ministry of Planning along with the input from the Iraqi stock exchange, the Erbil Stock Exchange. Extremely detailed articles in their form to be released. We are still waiting on the timeline...we don't know when this opinion will be coming forth... [Post 2 of 2]
6-10-2022 Newshound Guru Walkingstick [via Frank26] IOO there are a series of articles drafted, ready...regarding the new small category notes, the new exchange rate of the dinar, the new colors of the denominations and the detentions of all the denominations. Articles regarding the new ATMs that are being introduced right now will explain the full capacities and what they will offer the citizens of Iraq. [Post 1 of 2....stay tuned]
6-10-2022 Intel Guru Frank26 [Reference to Walkingsticks new CBI articles coming out post below] [Here's] the very first of the articles that are going to be coming out IMO. Article: "The governor of the Central Bank Inspects the works of a number of private banks." Ready...Set...Go!!! ...Take note that the pictures have been removed.
6-10-2022 Newshound Guru Pimpy That is awesome they got the Food Security Law passed. There's going to be some necessary funding taking place. The people are going to receive more money...I like the idea of the 'green papers' - Iraq has to go back to exporting agriculture not importing it...Iraq is in a good position if it could just form the right government and the government continue these reform papers and they stay on track...I'm telling you within 2 years you're gonna see some huge changes in Iraq...
6-10-2022 Intel Guru MarkZ [via PDK] I have one banking contact for years that had told me I was crazy …just told me “Guess what they are training us to do this week? They are training us to verify Vietnamese Dong and Iraqi dinar” This is from a low level banking person who thought I was crazy for believing all this stuff…I thought that was great news.
6-10-2022 Newshound Guru Walkingstick [via Frank26] All of this will be coming from the CBI IOO, the Ministry of Finance and the Ministry of Planning along with the input from the Iraqi stock exchange, the Erbil Stock Exchange. Extremely detailed articles in their form to be released. We are still waiting on the timeline...we don't know when this opinion will be coming forth... [Post 2 of 2]
6-10-2022 Newshound Guru Walkingstick [via Frank26] IOO there are a series of articles drafted, ready...regarding the new small category notes, the new exchange rate of the dinar, the new colors of the denominations and the detentions of all the denominations. Articles regarding the new ATMs that are being introduced right now will explain the full capacities and what they will offer the citizens of Iraq. [Post 1 of 2....stay tuned]
6-9-2022 Intel Guru Frank26 They are not wasting time. They are going about their business and bringing forth the monetary reform. Because ...as far as I'm concerned the economic reform is well lubricated, well functioning. You can look to the people who are pouring into Iraq. Travel agencies, all these banks, Iran for crying out loud. Not coming to invade but, 'can we talk?' ...this is wonderful...
6-9-2022 Intel Guru MarkZ [via PDK] From Iraq I was told to expect the new rate sometime in the next 8 days. I heard this from a number of contacts in Iraq…one of these is in the Ministry of Finance...So I am very hopeful.
6-9-2022 Newshound Guru Militiaman they voted on the FSL and passed it and they apparently stated they were to place sums into accounts awaiting a mechanism to distribute amounts allocated once passed...the ball is in motion and nothing is stopping it.. Imo... Looking forward to the next move..
6-9-2022 Newshound Guru Tivon Article Quote: "Quote: The First Deputy Speaker of the House of Representatives Hakim Al-Zamili, on Wednesday, blessed the Iraqi people to vote on the “Emergency Support for Food Security” law," let's allow this guy to do his job. Today was about the vote, not necessarily the rate. We got that now. Let's look for the other part. Hakim, take it away maestro.
6-9-2022 Newshound Guru Pimpy Article: "The Iraqi parliament votes on the "Food Security" law and enters its legislative recess" ...As ambitious as this sounds are they able to do this considering the Supreme Court continues to interfere with the government's work? ...This has been voted on. It absolutely has been passed which is awesome. This is great for the Iraqi people...Let's see if...the Supreme Court interferes at all...
6-9-2022 Newshound Guru Samson Article: "World Gold: Iraq ranked 40th, with 96.4 tons of yellow metal” Quote: "Iraq has maintained its global position, indicating that its gold reserves represent 9.2% of the rest of its other reserves."
6-9-2022 Newshound Guru Walkingstick [via Frank26] ...These CBI meetings that they have been having with the IMF they showed the 'colors' to the banks...they showed what is called specimens and samples. They showed these 6 denominations to our bank friends in black and white. They did not match the colors to the denominations as they will come out officially. IMO this was due to the combination of Kazemi and Mustafa to keep the security of the new small category notes sealed and tight...the last thing the CBI needs is counterfeit...
6-9-2022 Intel Guru MarkZ [via PDK] ...I am still being asked to be quiet about certain banking things…who is going what, where, when. Nothing that could affect timing...But the chatter is great. A lot from the banking side…getting great chatter out of Iraq but have seen nothing spendable yet. We will keep watching until we can see through all the smoke…It’s very smokey this morning. Since I am not quite sure about some things to share…I’m going to wait …but my phone was lighting up last night. An overwhelming amount of chatter.
6-9-2022 Newshound Guru Godlover Community comment "So Publish Food Security Law in Gazette first then RATE Change or Visa Versa!" I do not think this FSL has a new rate, but I do think it gives the current government an avenue (resources) to change the exchange rate. This law is going to jump start the private sector aka the citizen sector.
6-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: It's on the bottom of the ticker on the news that the CBI's willingness to go international. Banking sector will enhance Iraq's economic situation. FRANK: Yeah, but it's going to enhance your monetary for your economic.
6-9-2022 Newshound/Intel Guru Mnt Goat The QMF system still maintains a $6+ IQD rate. Just remember they can still change the rate prior to going live and us going to the bank. We know they tend to run the new QMF currency valuation system every week and so if oil should suddenly take a dive (which I do not think it will) we could see a drop in the rate. After post-RV and Reinstatement to FOREX the IQD will most likely settle down around a $3+ rate and not over $4. I would be surprised if it did come out initially at $6+. Just saying this based on my own knowledge of this beast over the last two decades we have been following it.
6-9-2022 Intel Guru MarkZ [via PDK] From Iraq I was told to expect the new rate sometime in the next 8 days. I heard this from a number of contacts in Iraq…one of these is in the Ministry of Finance...So I am very hopeful.
6-9-2022 Newshound Guru Militiaman they voted on the FSL and passed it and they apparently stated they were to place sums into accounts awaiting a mechanism to distribute amounts allocated once passed...the ball is in motion and nothing is stopping it.. Imo... Looking forward to the next move..
6-9-2022 Newshound Guru Tivon Article Quote: "Quote: The First Deputy Speaker of the House of Representatives Hakim Al-Zamili, on Wednesday, blessed the Iraqi people to vote on the “Emergency Support for Food Security” law," let's allow this guy to do his job. Today was about the vote, not necessarily the rate. We got that now. Let's look for the other part. Hakim, take it away maestro.
6-9-2022 Newshound Guru Pimpy Article: "The Iraqi parliament votes on the "Food Security" law and enters its legislative recess" ...As ambitious as this sounds are they able to do this considering the Supreme Court continues to interfere with the government's work? ...This has been voted on. It absolutely has been passed which is awesome. This is great for the Iraqi people...Let's see if...the Supreme Court interferes at all...
6-9-2022 Newshound Guru Samson Article: "World Gold: Iraq ranked 40th, with 96.4 tons of yellow metal” Quote: "Iraq has maintained its global position, indicating that its gold reserves represent 9.2% of the rest of its other reserves."
6-9-2022 Newshound Guru Walkingstick [via Frank26] ...These CBI meetings that they have been having with the IMF they showed the 'colors' to the banks...they showed what is called specimens and samples. They showed these 6 denominations to our bank friends in black and white. They did not match the colors to the denominations as they will come out officially. IMO this was due to the combination of Kazemi and Mustafa to keep the security of the new small category notes sealed and tight...the last thing the CBI needs is counterfeit...
6-9-2022 Intel Guru MarkZ [via PDK] ...I am still being asked to be quiet about certain banking things…who is going what, where, when. Nothing that could affect timing...But the chatter is great. A lot from the banking side…getting great chatter out of Iraq but have seen nothing spendable yet. We will keep watching until we can see through all the smoke…It’s very smokey this morning. Since I am not quite sure about some things to share…I’m going to wait …but my phone was lighting up last night. An overwhelming amount of chatter.
6-9-2022 Newshound Guru Godlover Community comment "So Publish Food Security Law in Gazette first then RATE Change or Visa Versa!" I do not think this FSL has a new rate, but I do think it gives the current government an avenue (resources) to change the exchange rate. This law is going to jump start the private sector aka the citizen sector.
6-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: It's on the bottom of the ticker on the news that the CBI's willingness to go international. Banking sector will enhance Iraq's economic situation. FRANK: Yeah, but it's going to enhance your monetary for your economic.
6-9-2022 Newshound/Intel Guru Mnt Goat The QMF system still maintains a $6+ IQD rate. Just remember they can still change the rate prior to going live and us going to the bank. We know they tend to run the new QMF currency valuation system every week and so if oil should suddenly take a dive (which I do not think it will) we could see a drop in the rate. After post-RV and Reinstatement to FOREX the IQD will most likely settle down around a $3+ rate and not over $4. I would be surprised if it did come out initially at $6+. Just saying this based on my own knowledge of this beast over the last two decades we have been following it.
6-8-2022 Newshound Guru Walkingstick [via Frank26] Why new [ATM] machines? New rate. New small category notes. When will they be activated? It is a predetermined date...it is solid of when they are going to open these new ATM machines. That date has not been given out to the banks but the banks were told there is a solid date of when they are going to open up these machines.
6-8-2022 Intel Guru MarkZ (via PDK) The Food Security Law passed today. Article: “The Iraqi Parliament passes emergency draft law on food security” This is enormous and they have now ended this parliamentary session. I am told they will reconvene in order to seat the government …I can tell you they are prepared and ready….
6-8-2022 Newshound Guru CharlieOK Article: "Iraq’s parliament passes emergency food bill" So, in the context of history, Sadr's brilliant strategy has paid off. The MAJORITY of Parliament voted today to enact a Food Law. For it to be reported that the so called Food Law passed, it would have to pass by a majority as defined by the corrupt Federal Court.
6-8-2022 Newshound Guru Militiaman Lets see if the EFSL, 2022 Budget, Automation at the borders with taxation, GOI sorted, Social Security and exchange rate fall into place all at once or even sequentially once the vote is done. They told us the sum would be available once voted on. That will require an international calculation to be applied to level the playing field internally and externally. imo [Post 2 of 2]
6-8-2022 Newshound Guru MilitiaMan [Response To Guru Tivon below] You nailed it Tivon...Indeed all are awaiting the sum of the new exchange rate that will populate the CBIs spread sheet...They have set the Date for the EFSL for tomorrow [Wednesday]. The last day of the present parliamentary session. Why take it out to the last minute? Strategic play. Can't let the cat out of the bag until it is show time. [Post 1 of 2....stay tuned]
6-8-2022 Guru Nader From The Mid East I want everybody to not be surprised if tomorrow [today] they vote yes for the Food Security but will not be any exchange rate in it...I'm certain have nothing to do with it...People who knows said this have nothing to do with the exchange rate. Everybody be patient. Something is coming up soon. We don't know what it is.
6-8-2022 Intel Guru Bruce [via WiserNow] we did get word that Iraq was going to put out their rate – we got this directly from Iraq – they were going to put out their rate on Wednesday [the 8th] ... I don’t think we’re going to see it until it is ready for us to know that...so we will see if that occurs...I am excited that we should be able to go hopefully we get our notifications tomorrow [Wednesday]...we can set our appointments and start tomorrow...The redemption centers across the United States have all received clearance to stay open till 10:30 PM... I would say we are as close as we’ve ever been but I really believe that we should be moving forward very soon...
6-8-2022 Newshound Guru Pimpy People are starting to rise up. Who do you think is going to feel the pressure the most? Do you think the Coordinating Framework gives a crap about what people do when they rise up verses Sadr who's more for the people? I'm curious to see in this game of chicken who it is it's going to flinch. I don't think Sadr is going to flinch...
6-8-2022 Intel Guru MarkZ [via PDK] I am being pressured a good bit to NOT discuss timing and what is going on in certain places…Chatter is still great and there is a lot going on in Iraq. They are still behind closed doors in big meetings trying to pound out the last of the agreements with the Kurdish regions and the Food Security Law. My last update is the vote may not happen until tomorrow. I am told they are making great progress from sources in Iraq.
6-8-2022 Newshound Guru Tivon The Oil Contracts, The Oil & Gas Law, The Border Ports, Taxes & Tariffs, Land & Border Ports, The HCL/NGO, The Private Sector, Retirement & Social, Security, Currency Auction Fraud, Electricity Sector, Export Revenues, Agriculture, Gold Reserves, Oil Surplus, Social Welfare, Ration Card, Private Sector...the list above is the main objective of the "Food Security Law"...The E.F.S.L...is where the "Purchasing Power" will come from...everything we wanted done for the past 10-15 years is being done under the guise of food security.
6-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They're saying its [The CBI's] talks yesterday with Central banks of Egypt...showed Iraq wants to do what's best for the Iraqi citizens, to give us our purchasing power, to send our currency outside of our boarders to float. FRANK: You know very well what's going on and they're about to show it to you. Heck they're showing it to every bank in the world.
6-8-2022 Newshound/Intel Guru Mnt Goat ...we know the Central Bank of Iraq (CBI) is posed to go ahead with the project to delete the zeros. They only look forward to having a stable government in place to begin it. We know this event is followed by the FOREX reinstatement and so we are concerned about both events. At the conclusion of which we go to the bank to exchange. Oh boy……!!!!
6-8-2022 Intel Guru MarkZ (via PDK) The Food Security Law passed today. Article: “The Iraqi Parliament passes emergency draft law on food security” This is enormous and they have now ended this parliamentary session. I am told they will reconvene in order to seat the government …I can tell you they are prepared and ready….
6-8-2022 Newshound Guru CharlieOK Article: "Iraq’s parliament passes emergency food bill" So, in the context of history, Sadr's brilliant strategy has paid off. The MAJORITY of Parliament voted today to enact a Food Law. For it to be reported that the so called Food Law passed, it would have to pass by a majority as defined by the corrupt Federal Court.
6-8-2022 Newshound Guru Militiaman Lets see if the EFSL, 2022 Budget, Automation at the borders with taxation, GOI sorted, Social Security and exchange rate fall into place all at once or even sequentially once the vote is done. They told us the sum would be available once voted on. That will require an international calculation to be applied to level the playing field internally and externally. imo [Post 2 of 2]
6-8-2022 Newshound Guru MilitiaMan [Response To Guru Tivon below] You nailed it Tivon...Indeed all are awaiting the sum of the new exchange rate that will populate the CBIs spread sheet...They have set the Date for the EFSL for tomorrow [Wednesday]. The last day of the present parliamentary session. Why take it out to the last minute? Strategic play. Can't let the cat out of the bag until it is show time. [Post 1 of 2....stay tuned]
6-8-2022 Guru Nader From The Mid East I want everybody to not be surprised if tomorrow [today] they vote yes for the Food Security but will not be any exchange rate in it...I'm certain have nothing to do with it...People who knows said this have nothing to do with the exchange rate. Everybody be patient. Something is coming up soon. We don't know what it is.
6-8-2022 Intel Guru Bruce [via WiserNow] we did get word that Iraq was going to put out their rate – we got this directly from Iraq – they were going to put out their rate on Wednesday [the 8th] ... I don’t think we’re going to see it until it is ready for us to know that...so we will see if that occurs...I am excited that we should be able to go hopefully we get our notifications tomorrow [Wednesday]...we can set our appointments and start tomorrow...The redemption centers across the United States have all received clearance to stay open till 10:30 PM... I would say we are as close as we’ve ever been but I really believe that we should be moving forward very soon...
6-8-2022 Newshound Guru Pimpy People are starting to rise up. Who do you think is going to feel the pressure the most? Do you think the Coordinating Framework gives a crap about what people do when they rise up verses Sadr who's more for the people? I'm curious to see in this game of chicken who it is it's going to flinch. I don't think Sadr is going to flinch...
6-8-2022 Intel Guru MarkZ [via PDK] I am being pressured a good bit to NOT discuss timing and what is going on in certain places…Chatter is still great and there is a lot going on in Iraq. They are still behind closed doors in big meetings trying to pound out the last of the agreements with the Kurdish regions and the Food Security Law. My last update is the vote may not happen until tomorrow. I am told they are making great progress from sources in Iraq.
6-8-2022 Newshound Guru Tivon The Oil Contracts, The Oil & Gas Law, The Border Ports, Taxes & Tariffs, Land & Border Ports, The HCL/NGO, The Private Sector, Retirement & Social, Security, Currency Auction Fraud, Electricity Sector, Export Revenues, Agriculture, Gold Reserves, Oil Surplus, Social Welfare, Ration Card, Private Sector...the list above is the main objective of the "Food Security Law"...The E.F.S.L...is where the "Purchasing Power" will come from...everything we wanted done for the past 10-15 years is being done under the guise of food security.
6-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They're saying its [The CBI's] talks yesterday with Central banks of Egypt...showed Iraq wants to do what's best for the Iraqi citizens, to give us our purchasing power, to send our currency outside of our boarders to float. FRANK: You know very well what's going on and they're about to show it to you. Heck they're showing it to every bank in the world.
6-8-2022 Newshound/Intel Guru Mnt Goat ...we know the Central Bank of Iraq (CBI) is posed to go ahead with the project to delete the zeros. They only look forward to having a stable government in place to begin it. We know this event is followed by the FOREX reinstatement and so we are concerned about both events. At the conclusion of which we go to the bank to exchange. Oh boy……!!!!
6-7-2022 Newshound Guru Walkingstick [via Frank26] The CBI is now starting to roll out the newer ATMs inside of Iraq. Once they are online...they will be activated in the international status...with the Visa and MasterCard and ration cards...presented to the citizens of Iraq...the Visa and MasterCard equal an activation of the ATM machines and it means a new rate is included in it.
6-7-2022 Intel Guru MarkZ [via PDK] ...in Iraq – tomorrow they are calling for a vote on the Food Security Law. I am being told they agreed on increases in payments to the Kurdish region…and they will move forward with that vote on Wednesday. I was told to watch things heat up in Iraq on the 8th in both the government side and the food security vote side. So I am excited about seeing it trending in their news over there right now.
6-7-2022 Newshound Guru Godlover Wed is their last chance to vote on the FSL, with their recess beginning on the following Thursday. Will they extend their session? This seems pointless to me. Why extend their working session when they are not even doing their job in the first place...To postpone until they return after recess, would be another crime to their citizens. Seems to be in our & their best interest, to pass it by this Wed.
6-7-2022 Newshound Guru Tivon Do you all know the importance and implications as to how vital the oil contracts moving from Kurdistan to Baghdad is to the HCL/Oil & Gas which is the backbone to the "Purchasing Power" the citizens have been asking for? What did we all state so many times as to how "Citizens Entitlements" is included in the Food Security Law? To be honest with you I would not be surprised if a rate came out next week. This FSL is the real deal people.
6-7-2022 Newshound Guru BobTheTaxMan If you have more than that then you need to consider some plans to reduce that taxable estate. If the RV is more than 1 to 1 then you still have an estate problem depending upon the new value. If you've got less than 5 million IQD then there's not much to worry about. If you've got more than 5 million then some planning needs to be put in play... [Post 2 of 2] [NOTE: At the appropriate time consult your tax professionals to determine the best tax strategy for your unique situation.]
6-7-2022 Newshound Guru BobTheTaxMan Because our estate [taxes] situation is considered a fluid minefield. It's not like ordinary income - you know we cash in our IQD, we pay taxes on it. Fine. Hunky dory. - But...this...estate tax...is the monster hiding in the closet...If the RV is 1 to 1 then the first thing to consider is how much IQD you've got on hand...Right now if you have less than 12 million IQD there isn't an immediate threat because the cap...is if you're married, that's 24 [Million]... [Post 1 of 2....stay tuned] [NOTE: At the appropriate time consult your tax professionals to determine the best tax strategy for your unique situation.]
6-7-2022 Newshound Guru Pimpy They can't even get a government formed. There is talk of civil war. Foreign investors are curious about who's going to be running the government and what type of government is going to be established before they start investing into the country. All of these things are taken in consideration before an exchange rate can be considered...it isn't just the sale of oil. There's many other factors... [Post 2 of 2]
6-7-2022 Newshound Guru Pimpy I released this video...saying that it was 2 years away at best...the reason for that is this - they have everything Iraq needs to really flourish. They just can't stop getting in their own way. We know they don't have a stable economy. Too much of the economy relies on oil sales. That's not good. We know they don't have a stable government. [Post 1 of 2....stay tuned]
6-7-2022 Newshound Guru Militiaman Article: "Parliamentary directive to expedite the approval of the proposed retirement and social security law for workers" The Food Security Law is now out to the last day of session in Parliament. Not only that but, this Social Security Law is on the table too. No coincidence the Kurds are in town to talk about the HCL...I am fairly sure these items all go hand and glove with what we are looking for...Each of them have rate centricity...they are under immense pressure now.. It is all about the whole of Iraq. Wow! Sadr is all about the people.
6-7-2022 Intel Guru MarkZ [via PDK] Banking side is leaning hard on everyone to shut up on the timing side and on who is coming and going when. It is getting interesting...I think it’s indicative on the timing as to why they are pushing this right now.
6-7-2022 Newshound Guru Tivon Article: "Oil companies in Kurdistan will appear before the Commercial Court in Baghdad next Sunday" My God what an amazing article. The FSL is something to reckon with...The FSL will be doing the monetary heavy lifting. While the Budget acts as a financial portfolio monitoring the revenue performance of all the fields mentioned to be cared for in the FSL. Brilliant, I'll take it.
6-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI governor is on TV...he's talking about the CBI's willingness to open channels with the international world. This is exciting for us...because we know exactly what this means for our currency...
6-7-2022 Intel Guru MarkZ [via PDK] We did have news in the real world that S. Vietnam has adjusted its rate by about half a penny to a penny. It doesn’t seem significant but it is.
6-7-2022 Intel Guru MarkZ [via PDK] ...in Iraq – tomorrow they are calling for a vote on the Food Security Law. I am being told they agreed on increases in payments to the Kurdish region…and they will move forward with that vote on Wednesday. I was told to watch things heat up in Iraq on the 8th in both the government side and the food security vote side. So I am excited about seeing it trending in their news over there right now.
6-7-2022 Newshound Guru Godlover Wed is their last chance to vote on the FSL, with their recess beginning on the following Thursday. Will they extend their session? This seems pointless to me. Why extend their working session when they are not even doing their job in the first place...To postpone until they return after recess, would be another crime to their citizens. Seems to be in our & their best interest, to pass it by this Wed.
6-7-2022 Newshound Guru Tivon Do you all know the importance and implications as to how vital the oil contracts moving from Kurdistan to Baghdad is to the HCL/Oil & Gas which is the backbone to the "Purchasing Power" the citizens have been asking for? What did we all state so many times as to how "Citizens Entitlements" is included in the Food Security Law? To be honest with you I would not be surprised if a rate came out next week. This FSL is the real deal people.
6-7-2022 Newshound Guru BobTheTaxMan If you have more than that then you need to consider some plans to reduce that taxable estate. If the RV is more than 1 to 1 then you still have an estate problem depending upon the new value. If you've got less than 5 million IQD then there's not much to worry about. If you've got more than 5 million then some planning needs to be put in play... [Post 2 of 2] [NOTE: At the appropriate time consult your tax professionals to determine the best tax strategy for your unique situation.]
6-7-2022 Newshound Guru BobTheTaxMan Because our estate [taxes] situation is considered a fluid minefield. It's not like ordinary income - you know we cash in our IQD, we pay taxes on it. Fine. Hunky dory. - But...this...estate tax...is the monster hiding in the closet...If the RV is 1 to 1 then the first thing to consider is how much IQD you've got on hand...Right now if you have less than 12 million IQD there isn't an immediate threat because the cap...is if you're married, that's 24 [Million]... [Post 1 of 2....stay tuned] [NOTE: At the appropriate time consult your tax professionals to determine the best tax strategy for your unique situation.]
6-7-2022 Newshound Guru Pimpy They can't even get a government formed. There is talk of civil war. Foreign investors are curious about who's going to be running the government and what type of government is going to be established before they start investing into the country. All of these things are taken in consideration before an exchange rate can be considered...it isn't just the sale of oil. There's many other factors... [Post 2 of 2]
6-7-2022 Newshound Guru Pimpy I released this video...saying that it was 2 years away at best...the reason for that is this - they have everything Iraq needs to really flourish. They just can't stop getting in their own way. We know they don't have a stable economy. Too much of the economy relies on oil sales. That's not good. We know they don't have a stable government. [Post 1 of 2....stay tuned]
6-7-2022 Newshound Guru Militiaman Article: "Parliamentary directive to expedite the approval of the proposed retirement and social security law for workers" The Food Security Law is now out to the last day of session in Parliament. Not only that but, this Social Security Law is on the table too. No coincidence the Kurds are in town to talk about the HCL...I am fairly sure these items all go hand and glove with what we are looking for...Each of them have rate centricity...they are under immense pressure now.. It is all about the whole of Iraq. Wow! Sadr is all about the people.
6-7-2022 Intel Guru MarkZ [via PDK] Banking side is leaning hard on everyone to shut up on the timing side and on who is coming and going when. It is getting interesting...I think it’s indicative on the timing as to why they are pushing this right now.
6-7-2022 Newshound Guru Tivon Article: "Oil companies in Kurdistan will appear before the Commercial Court in Baghdad next Sunday" My God what an amazing article. The FSL is something to reckon with...The FSL will be doing the monetary heavy lifting. While the Budget acts as a financial portfolio monitoring the revenue performance of all the fields mentioned to be cared for in the FSL. Brilliant, I'll take it.
6-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI governor is on TV...he's talking about the CBI's willingness to open channels with the international world. This is exciting for us...because we know exactly what this means for our currency...
6-7-2022 Intel Guru MarkZ [via PDK] We did have news in the real world that S. Vietnam has adjusted its rate by about half a penny to a penny. It doesn’t seem significant but it is.
6-6-2022 Newshound Guru Pimpy Article: "MiB Securities: USD/VND exchange rate may increase slightly in 2022". There's going to be a slight increase in the value of the Vietnam dong compared to the US dollar but it really is small...It's a half to one percent...
6-6-2022 Newshound Guru Sandy Ingram The second, the moment, the microsecond that you earn a profit on your exotic currencies you more than likely will owe taxes... [NOTE: Speak with your tax advisors at the appropriate time to construct the best tax plan for your unique circumstances.]
6-6-2022 Newshound Guru Militiaman I am sure the Central Bank of Egypt has some of those notes now, too. The new ones. The ones that will be relevant once the exchange rate changes...For the CBI to have exposed the colors in England shows intent and the ball is rolling now and it has gained a vast amount of speed...We never witnessed the CBI go to England and give a gift in a photo op like that. [Post 2 of 2]
6-6-2022 Newshound Guru Militiaman Article: "Central Bank Governor: The Iraqi banking sector is witnessing development and openness to the outside" The CBI was in London recently and had a gift for the Bank of England.. I am fairly sure the gift was not samples of triple zero notes. The man is reaching for his glasses for cryin out load. lol As in what do we have here??? The Look on Mustafa's face is priceless.. "You like the new money?" lol [Post 1 of 2...stay tuned]
6-6-2022 Newshound Guru Breitling Their markets can expand if they expand to China...Guess what Iraq wants to do? They will want China to trade in their own currency and so they have to have the currency up and going to be able to do that. That's the kind of stuff they're looking at. That's why it's kind of hard to predict the day when they're going to do this. But at the same time everybody knows they're going to do it. [Post 2 of 2]
6-6-2022 Newshound Guru Breitling Question: "In general what are we now waiting for? What does Iraq need to do for them to add value to their currency?" They are simply watching the markets. They don't need to do anything. There's no technical thing that they need to do...Iraq is going to have to sit there and watch the energy markets, see who goes where. [Post 1 of 2....stay tuned]
6-6-2022 Intel Guru MarkZ [via PDK] I’m really feeling it this week…but...nobody knows the timing…but there is a tremendous amount of things coming together right now... I am hearing of more movement in the upper echelons of...currency whales where they are trying to squeeze them in. One I know that wasn’t scheduled until Wed. they are trying to get them in today…hope that means something on timing. We heard a lot of positive news from Iraq on the government over the weekend. The kurds are now saying yes to the Kazemi government. That is an enormous hurdle.
6-6-2022 Newshound Guru Tivon Al-Kazemi said last April, for the political forces to vote on the food security law without emptying it of its content in order to serve citizens, as it is a "very important" law, indicating that "the goal of the law is to provide the necessary protection for the Iraqi people." Ask yourself what can protect the citizens? Purchasing Power? That comes from what? The HCL/Oil & Gas. Guess what was brought up earlier this week by Al-Sadr during the session that was adjourned? Citizen Entitlements.
6-6-2022 Newshound Guru Pimpy Article: "The Kurds: Yes, to the Al-Kazemi government" Love this article...they are going to go ahead and make a push for a vote of confidence for Al-Kazemi to continue. I like the idea and I hope it passes.
6-6-2022 Newshound Guru Sandy Ingram The second, the moment, the microsecond that you earn a profit on your exotic currencies you more than likely will owe taxes... [NOTE: Speak with your tax advisors at the appropriate time to construct the best tax plan for your unique circumstances.]
6-6-2022 Newshound Guru Militiaman I am sure the Central Bank of Egypt has some of those notes now, too. The new ones. The ones that will be relevant once the exchange rate changes...For the CBI to have exposed the colors in England shows intent and the ball is rolling now and it has gained a vast amount of speed...We never witnessed the CBI go to England and give a gift in a photo op like that. [Post 2 of 2]
6-6-2022 Newshound Guru Militiaman Article: "Central Bank Governor: The Iraqi banking sector is witnessing development and openness to the outside" The CBI was in London recently and had a gift for the Bank of England.. I am fairly sure the gift was not samples of triple zero notes. The man is reaching for his glasses for cryin out load. lol As in what do we have here??? The Look on Mustafa's face is priceless.. "You like the new money?" lol [Post 1 of 2...stay tuned]
6-6-2022 Newshound Guru Breitling Their markets can expand if they expand to China...Guess what Iraq wants to do? They will want China to trade in their own currency and so they have to have the currency up and going to be able to do that. That's the kind of stuff they're looking at. That's why it's kind of hard to predict the day when they're going to do this. But at the same time everybody knows they're going to do it. [Post 2 of 2]
6-6-2022 Newshound Guru Breitling Question: "In general what are we now waiting for? What does Iraq need to do for them to add value to their currency?" They are simply watching the markets. They don't need to do anything. There's no technical thing that they need to do...Iraq is going to have to sit there and watch the energy markets, see who goes where. [Post 1 of 2....stay tuned]
6-6-2022 Intel Guru MarkZ [via PDK] I’m really feeling it this week…but...nobody knows the timing…but there is a tremendous amount of things coming together right now... I am hearing of more movement in the upper echelons of...currency whales where they are trying to squeeze them in. One I know that wasn’t scheduled until Wed. they are trying to get them in today…hope that means something on timing. We heard a lot of positive news from Iraq on the government over the weekend. The kurds are now saying yes to the Kazemi government. That is an enormous hurdle.
6-6-2022 Newshound Guru Tivon Al-Kazemi said last April, for the political forces to vote on the food security law without emptying it of its content in order to serve citizens, as it is a "very important" law, indicating that "the goal of the law is to provide the necessary protection for the Iraqi people." Ask yourself what can protect the citizens? Purchasing Power? That comes from what? The HCL/Oil & Gas. Guess what was brought up earlier this week by Al-Sadr during the session that was adjourned? Citizen Entitlements.
6-6-2022 Newshound Guru Pimpy Article: "The Kurds: Yes, to the Al-Kazemi government" Love this article...they are going to go ahead and make a push for a vote of confidence for Al-Kazemi to continue. I like the idea and I hope it passes.
6-5-2022 Newshound Guru Sandy Ingram Article "Airbnb Iraq - An alternative Travel To Mesopotamia" This is the type of news we are looking for because this says Iraq is on track to open its doors to the world...global rental platform airbnb allows host in Iraq to list properties throughout the country local and international visitors can use this rental marketplace when staying in different parts of Iraq...
6-5-2022 Newshound Guru Tivon ...Before they adjourned the parliament session there were laws undisclosed to the public that Al-Sadr was pushing to legislate that are vital to the reinstatement of the Iraq Dinar and Citizens Entitlements which falls under the Emergency Food Security Law...It's too sensitive. Playing it close to the chest is a smart thing until the FSL officially becomes Law next week. We don't even need to wait for the formation of the government because Hakim Al-Zamili Deputy Speaker already said laws will get passes regardless...
6-5-2022 Newshound Guru Kaperoni Yes, the IMF did meet with Iraq last month to do their annual Article IV Consultation. That report once completed will be published on the IMF website for everyone to read.
6-5-2022 Newshound Guru Pimpy Until the government is formed. Until they get in there and pass the budget, till they stabilize the economy, you're not going to see any increase in the Iraqi dinar. Yes I know I'm the bad guy...I don't care about how much money they make off their oil revenues. It absolutely positively makes no difference by itself. You need a combination of things before the Iraqi dinar can increase in value and just because you get an increase in oil sales it doesn't mean crap...
6-5-2022 Newshound Guru Militiaman That 30 day (15+- day left) window that Sadr gave is fast approaching and is like a time bomb ticking for those that are not on board with him...I too am looking for the Finance Train and the Political Train to hit the platforms at the same time, they are congruent imo... can't wait and look forward to an impasse even sooner than that...Pressure can do amazing things on ones mental state. lol.. We shall see.
6-5-2022 Newshound Guru BobTheTaxMan The value of the Iraqi dinar is fixed by the Iraqi government and does not change unless the central bank changes the exchange rate...now that high oil prices are netting Iraq ever more revenue, some observers are considering the idea of strengthening the dinar. [Post 2 of 2]
6-5-2022 Newshound Guru BobTheTaxMan What needs to happen to change the value of the IQD? There are some reasons to be optimistic about the future of the Iraqi economy. With 9% of the world's oil reserves, Iraq has the potential to spring back and establish itself as a stable economy. If it didn't why would we be bothering to even work with it. Why would the U.S. spend so much effort? ... [Post 1 of 1....stay tuned]
6-5-2022 Newshound Guru Walkingstick [via Frank26] ...the dispensing of the cash will be different than before...this process to dispense the currency is called 'note presentation'...some of these notes will be pooled into a dispenser in the ATM machines and they will be withdrawn as a package...called 'bunch presentation'. Others will be presented one note at a time...In order to bring more security, stability and more control of their NSCN...they are going to be dispensing the NSCN in a very unique manner...Mustafa knows where every one of his NSCN will be at. I love it...
6-5-2022 Newshound Guru Tivon People need to really understand how close we are. They told you repeatedly that the Food Security Law is synonymous with the 2022 Budget. Mazhar Saleh told you that there's only two legislative laws that can use the oil surplus or reserves. Which is FSL & The Budget...Because voting on the FSL is equivalent to voting on and opening the 2022 Budget. If they are both synonymous and we know the budget requires a rate change. Wouldn't the same be true for the FSL?
6-5-2022 Intel Guru MarkZ Article: ”MIB Securities: USD/VND exchange rate may increase slightly in 2022” I was excited to see this...even though we are expecting it to be a lot higher. Think about this…an increase of one cent on a million VND would be a profit of $10,000. So you invest $50 bucks and suddenly you have a profit of $10 thousand dollars. Again…we expect much more.
6-5-2022 Newshound Guru Tivon ...Before they adjourned the parliament session there were laws undisclosed to the public that Al-Sadr was pushing to legislate that are vital to the reinstatement of the Iraq Dinar and Citizens Entitlements which falls under the Emergency Food Security Law...It's too sensitive. Playing it close to the chest is a smart thing until the FSL officially becomes Law next week. We don't even need to wait for the formation of the government because Hakim Al-Zamili Deputy Speaker already said laws will get passes regardless...
6-5-2022 Newshound Guru Kaperoni Yes, the IMF did meet with Iraq last month to do their annual Article IV Consultation. That report once completed will be published on the IMF website for everyone to read.
6-5-2022 Newshound Guru Pimpy Until the government is formed. Until they get in there and pass the budget, till they stabilize the economy, you're not going to see any increase in the Iraqi dinar. Yes I know I'm the bad guy...I don't care about how much money they make off their oil revenues. It absolutely positively makes no difference by itself. You need a combination of things before the Iraqi dinar can increase in value and just because you get an increase in oil sales it doesn't mean crap...
6-5-2022 Newshound Guru Militiaman That 30 day (15+- day left) window that Sadr gave is fast approaching and is like a time bomb ticking for those that are not on board with him...I too am looking for the Finance Train and the Political Train to hit the platforms at the same time, they are congruent imo... can't wait and look forward to an impasse even sooner than that...Pressure can do amazing things on ones mental state. lol.. We shall see.
6-5-2022 Newshound Guru BobTheTaxMan The value of the Iraqi dinar is fixed by the Iraqi government and does not change unless the central bank changes the exchange rate...now that high oil prices are netting Iraq ever more revenue, some observers are considering the idea of strengthening the dinar. [Post 2 of 2]
6-5-2022 Newshound Guru BobTheTaxMan What needs to happen to change the value of the IQD? There are some reasons to be optimistic about the future of the Iraqi economy. With 9% of the world's oil reserves, Iraq has the potential to spring back and establish itself as a stable economy. If it didn't why would we be bothering to even work with it. Why would the U.S. spend so much effort? ... [Post 1 of 1....stay tuned]
6-5-2022 Newshound Guru Walkingstick [via Frank26] ...the dispensing of the cash will be different than before...this process to dispense the currency is called 'note presentation'...some of these notes will be pooled into a dispenser in the ATM machines and they will be withdrawn as a package...called 'bunch presentation'. Others will be presented one note at a time...In order to bring more security, stability and more control of their NSCN...they are going to be dispensing the NSCN in a very unique manner...Mustafa knows where every one of his NSCN will be at. I love it...
6-5-2022 Newshound Guru Tivon People need to really understand how close we are. They told you repeatedly that the Food Security Law is synonymous with the 2022 Budget. Mazhar Saleh told you that there's only two legislative laws that can use the oil surplus or reserves. Which is FSL & The Budget...Because voting on the FSL is equivalent to voting on and opening the 2022 Budget. If they are both synonymous and we know the budget requires a rate change. Wouldn't the same be true for the FSL?
6-5-2022 Intel Guru MarkZ Article: ”MIB Securities: USD/VND exchange rate may increase slightly in 2022” I was excited to see this...even though we are expecting it to be a lot higher. Think about this…an increase of one cent on a million VND would be a profit of $10,000. So you invest $50 bucks and suddenly you have a profit of $10 thousand dollars. Again…we expect much more.
6-4-2022 Newshound Guru Samson Article: "Iraq is the second country in the world in economic growth during 2022" Quote: "Statista", a German company specializing in market and consumer data, the Iraqi economy will grow at a rate of 9.5% this year and will rank second in the list after Guyana...In third place comes Kuwait (8.2%), then India (8.2%), followed by Saudi Arabia (7.6%), then Panama (7.5%), Niger (6.9%), then the Philippines (6.5%), Falcongo (6.4%), And then Bangladesh (6.4%)."
6-4-2022 Newshound Guru MilitiaMan Article: "Economist: Iraq Is Able To Revive Its Economy Through A New Road Map" They are clearly telling us they are opening up to the international world. The infrastructure build out will require it and they know. Once the new exchange rate or financial allocation is put in to motion, the flood gates of growth will ensue...the CBI has had a good report from the IMF and World Bank. Their Credit Rating is about imo to increase again. All tell tale signs of what is to come..
6-4-2022 Newshound Guru Godlover [Response to Guru Tivon below] Article "Al-Kazemi's Advisor : The governments measures will support the provision of oil in the markets" I will admit, I am starting to think you are onto something here. I am not convinced easily, but you are doing a good job in doing just that.
Intel Guru MarkZ [via PDK] I’m getting more confirmation of whales traveling this weekend…They are being asked to sign strong NDA”s. Once they sign them we get nothing more out of them. They do not want any leaks on timing. But that they are bringing them in in such numbers with such severe NDA’s has me very hopeful for the very near future…
6-4-2022 Newshound Guru Pimpy Let's be realistic. No government formed. Making it illegal to have a working relationship with Israel. There's no economic stability...People are starting to rise up...Sadr threatening war...right now they are benefiting from high oil prices but...Once the war between Russia and Ukraine ends there's going to be more oil hitting the markets. What's that going to cause? The value of oil to drop...you're not going to see any increase in the Iraqi dinar because of this. [Post 2 of 2]
6-4-2022 Newshound Guru Pimpy People keep asking me IMO how far do I think we are away from a rate change...even if we started getting on track right now, it's going to be at least 2 years...they still have to stabilize everything. Now that's not to say that all of a sudden one day they might make some kind of announcement and lo and behold the rate changed and I was wrong. That's always possibility but I doubt it. [Post 1 of 2....stay tuned]
6-4-2022 Newshound Guru Tivon ArticleL "Al-Kazemi's Advisor : The governments measures will support the provision of oil in the markets" He is basically saying the FSL on its own can cover 85% of everything that the budget of the previous years would have if it was approved including the 2022 Budget... if you don't follow anyone else in this investment besides Al-Kazemi...It's Financial Advisor Mazhar Saleh & Deputy Speaker Hakim Al-Zamili...
6-4-2022 Intel/Newshound Guru RVAlready Oil price is $119.70 per barrel. With Iraq’s low extraction costs, they are raking in the bucks. This means a 2 million barrel supertanker holds about $240,000,000 worth of oil. Nice pocket change. Iraq exports 4.6 million barrels per day, or 2.3 supertankers worth per day, for a daily take of about $550 million per day. A pretty nice haul, at an extraction cost of about 3%. Plenty of profit to go around.
6-4-2022 Intel Guru Bruce [via WiserNow] I’m excited about the information that has come out indicating how everything is basically almost done and ready to go... our notifications could happen over the weekend but – it appears it will be on Monday at noon in every time zone - Let’s see if that holds up...
6-4-2022 Newshound Guru MilitiaMan Article: "Economist: Iraq Is Able To Revive Its Economy Through A New Road Map" They are clearly telling us they are opening up to the international world. The infrastructure build out will require it and they know. Once the new exchange rate or financial allocation is put in to motion, the flood gates of growth will ensue...the CBI has had a good report from the IMF and World Bank. Their Credit Rating is about imo to increase again. All tell tale signs of what is to come..
6-4-2022 Newshound Guru Godlover [Response to Guru Tivon below] Article "Al-Kazemi's Advisor : The governments measures will support the provision of oil in the markets" I will admit, I am starting to think you are onto something here. I am not convinced easily, but you are doing a good job in doing just that.
Intel Guru MarkZ [via PDK] I’m getting more confirmation of whales traveling this weekend…They are being asked to sign strong NDA”s. Once they sign them we get nothing more out of them. They do not want any leaks on timing. But that they are bringing them in in such numbers with such severe NDA’s has me very hopeful for the very near future…
6-4-2022 Newshound Guru Pimpy Let's be realistic. No government formed. Making it illegal to have a working relationship with Israel. There's no economic stability...People are starting to rise up...Sadr threatening war...right now they are benefiting from high oil prices but...Once the war between Russia and Ukraine ends there's going to be more oil hitting the markets. What's that going to cause? The value of oil to drop...you're not going to see any increase in the Iraqi dinar because of this. [Post 2 of 2]
6-4-2022 Newshound Guru Pimpy People keep asking me IMO how far do I think we are away from a rate change...even if we started getting on track right now, it's going to be at least 2 years...they still have to stabilize everything. Now that's not to say that all of a sudden one day they might make some kind of announcement and lo and behold the rate changed and I was wrong. That's always possibility but I doubt it. [Post 1 of 2....stay tuned]
6-4-2022 Newshound Guru Tivon ArticleL "Al-Kazemi's Advisor : The governments measures will support the provision of oil in the markets" He is basically saying the FSL on its own can cover 85% of everything that the budget of the previous years would have if it was approved including the 2022 Budget... if you don't follow anyone else in this investment besides Al-Kazemi...It's Financial Advisor Mazhar Saleh & Deputy Speaker Hakim Al-Zamili...
6-4-2022 Intel/Newshound Guru RVAlready Oil price is $119.70 per barrel. With Iraq’s low extraction costs, they are raking in the bucks. This means a 2 million barrel supertanker holds about $240,000,000 worth of oil. Nice pocket change. Iraq exports 4.6 million barrels per day, or 2.3 supertankers worth per day, for a daily take of about $550 million per day. A pretty nice haul, at an extraction cost of about 3%. Plenty of profit to go around.
6-4-2022 Intel Guru Bruce [via WiserNow] I’m excited about the information that has come out indicating how everything is basically almost done and ready to go... our notifications could happen over the weekend but – it appears it will be on Monday at noon in every time zone - Let’s see if that holds up...
6-3-2022 Intel Guru MarkZ [via PDK] We have had a number of whales being reached out to sign NDA’s before they are even allowed to go to a facility. I received this information from a number of contacts... So quite a bit of movement today in upper echelons…I take this as wonderful news... so maybe this is it? ... Nobody knows the exact timing but we seem to be circling much closer to the “done” spot...I am very encouraged as to what I have been hearing today.
6-3-2022 Newshound Guru BobTheTaxMan When it comes to fruition here's the main things we need to be aware of in order to capitalize on this investment...First of all the IQD is an exotic currency without access to the foreign market. Therefor it's not treated as a capital asset. It's treated as ordinary income and that's really the key right there...we know our IQD investment will be considered ordinary income, not capital gains... [NOTE: At the appropriate time consult your tax professionals to determine the correct tax for your unique exchange strategy.]
6-3-2022 Newshound Guru Kaperoni The truth is Iraq with the assistance of many organizations is trying to build a private sector diverse economy...Can the Iraqi dinar go up in value? Sure can but it takes sound monetary principles, and economic success in order for it to do so...The Iraqi dinar is not some lottery ticket or some random act it is a country's currency. And only with the success and growth of that economy can the dinar ever go up in value. There is no overnight RV!
6-3-2022 Newshound Guru Pimpy Quote: "the International Monetary Fund expected Iraq economy to grow by 9.5 percent this year to be the highest in the Arab world..." ...talk about a rebound. They're at a surplus now...all of the growth is based on sales of oil. That's really bad. I told you Iraq cannot survive just on the sales of its oil. Look what happened in 2020 when prices collapsed. So if you want a stable economy you have to do way better than relying on just oil... [post 2 of 2]
6-3-2022 Newshound Guru Pimpy Article " Iraq is the fastest growing Arab country..Why is this not reflected on the people?" ...There's so much great things happening in Iraq. If the dang government would ever get formed, we can get some cooperation, get a budget passed, then things would be a whole lot better. Iraq is the fastest growing Arab country. Why is this not reflected on the people? Great damn question. [post 1 of 2....stay tuned]
6-3-2022 Newshound Guru Walkingstick [via Frank26] The CBI and Kazemi are not wasting time...ATM machines, the CBI, the IMF all of these meeting we've been telling you about are dealing with the new small category notes with the new exchange rate and now they are dealing with the mechanism to dispensing them, the ATM machines...why do I say this so boldly? Because the governor of the CBI is saying so...
6-3-2022 Newshound Guru Militiaman Throw in the energy card and we have some serious on goings. I like what we are seeing. Quote: "after the law is passed, a breakthrough will occur in the entire political scene, including accelerating the process of forming the government, since the implementation of the details of the food security law will positively affect all areas that affect the citizen." [Post 2 of 2]
6-3-2022 Newshound Guru Militiaman Article: "Zidane discusses with the Deputy Speaker of Parliament cooperation in enacting "important" laws" My view is they tell us clearly what is on the table. The ration card in it's entirety is the food law, the electric it their life blood A/C and Fuel (energy) is the Natural Resource, Oil & Gas Law (NGO) or commonly the HCL...If that is the case, there is good reason to hide those sensitive issues... [Post 1 of 2....stay tuned]
6-3-2022 Intel Guru MarkZ [via PDK] The news has been very quiet as expected. I think that I a good thing….My Reno guys have really clammed up….can’t even get a chirp out of them right now which I think is excellent. There really has been an intel crackdown and they are asking us to be quiet…
6-3-2022 Newshound Guru Samson Article: "Expert: Iraq Gets About 4 Thousand Dollars From Selling Oil Every Second" Quote: "And the rate of revenue per hour amounted to “13.792 million dollars. per minute = 230 thousand dollars...”
6-3-2022 Newshound Guru Tivon I am not even interested in the budget anymore. Especially after I found out they can issue the Oil & Gas Law under "Citizens Entitlements" which is in the FSL. Remember my people the advisor to PM said there are two legislative laws. The FSL/Budget. Both of them have the right to use the financial savings/reserves to serve the citizens.
6-3-2022 Newshound/Intel Guru Mnt Goat ...Technically there is not going to be any revaluation in Iraq. Get it? It is not until you take the older thee zero dinar notes after the dinar is reinstated on FOREX at the rate we are all looking for in exchange for our currency the US dollar, Euro, Canadian dollar, etc, etc, that a significant increase in value is realized... Now we wait for the next step. How will this next chess move begin? [post 2 of 2]
6-3-2022 Newshound/Intel Guru Mnt Goat I will be contacting the CBI soon to get an update on the project to delete the zeros... How will this next chess move begin? ...I believe it will be announcements made to turn in the older, larger three zero notes and a deadline will be given. After that date the banks will no longer accept them. How long will they have I do not know. The rate will be 1:1 and...this does not mean 1:1 meaning one dinar to one dollar... it simply means the current rate of the dinar under the program rate will be the same rate assigned to the newer lower denominations when they come out. [post 1 of 2....stay tuned]
6-3-2022 Newshound Guru BobTheTaxMan When it comes to fruition here's the main things we need to be aware of in order to capitalize on this investment...First of all the IQD is an exotic currency without access to the foreign market. Therefor it's not treated as a capital asset. It's treated as ordinary income and that's really the key right there...we know our IQD investment will be considered ordinary income, not capital gains... [NOTE: At the appropriate time consult your tax professionals to determine the correct tax for your unique exchange strategy.]
6-3-2022 Newshound Guru Kaperoni The truth is Iraq with the assistance of many organizations is trying to build a private sector diverse economy...Can the Iraqi dinar go up in value? Sure can but it takes sound monetary principles, and economic success in order for it to do so...The Iraqi dinar is not some lottery ticket or some random act it is a country's currency. And only with the success and growth of that economy can the dinar ever go up in value. There is no overnight RV!
6-3-2022 Newshound Guru Pimpy Quote: "the International Monetary Fund expected Iraq economy to grow by 9.5 percent this year to be the highest in the Arab world..." ...talk about a rebound. They're at a surplus now...all of the growth is based on sales of oil. That's really bad. I told you Iraq cannot survive just on the sales of its oil. Look what happened in 2020 when prices collapsed. So if you want a stable economy you have to do way better than relying on just oil... [post 2 of 2]
6-3-2022 Newshound Guru Pimpy Article " Iraq is the fastest growing Arab country..Why is this not reflected on the people?" ...There's so much great things happening in Iraq. If the dang government would ever get formed, we can get some cooperation, get a budget passed, then things would be a whole lot better. Iraq is the fastest growing Arab country. Why is this not reflected on the people? Great damn question. [post 1 of 2....stay tuned]
6-3-2022 Newshound Guru Walkingstick [via Frank26] The CBI and Kazemi are not wasting time...ATM machines, the CBI, the IMF all of these meeting we've been telling you about are dealing with the new small category notes with the new exchange rate and now they are dealing with the mechanism to dispensing them, the ATM machines...why do I say this so boldly? Because the governor of the CBI is saying so...
6-3-2022 Newshound Guru Militiaman Throw in the energy card and we have some serious on goings. I like what we are seeing. Quote: "after the law is passed, a breakthrough will occur in the entire political scene, including accelerating the process of forming the government, since the implementation of the details of the food security law will positively affect all areas that affect the citizen." [Post 2 of 2]
6-3-2022 Newshound Guru Militiaman Article: "Zidane discusses with the Deputy Speaker of Parliament cooperation in enacting "important" laws" My view is they tell us clearly what is on the table. The ration card in it's entirety is the food law, the electric it their life blood A/C and Fuel (energy) is the Natural Resource, Oil & Gas Law (NGO) or commonly the HCL...If that is the case, there is good reason to hide those sensitive issues... [Post 1 of 2....stay tuned]
6-3-2022 Intel Guru MarkZ [via PDK] The news has been very quiet as expected. I think that I a good thing….My Reno guys have really clammed up….can’t even get a chirp out of them right now which I think is excellent. There really has been an intel crackdown and they are asking us to be quiet…
6-3-2022 Newshound Guru Samson Article: "Expert: Iraq Gets About 4 Thousand Dollars From Selling Oil Every Second" Quote: "And the rate of revenue per hour amounted to “13.792 million dollars. per minute = 230 thousand dollars...”
6-3-2022 Newshound Guru Tivon I am not even interested in the budget anymore. Especially after I found out they can issue the Oil & Gas Law under "Citizens Entitlements" which is in the FSL. Remember my people the advisor to PM said there are two legislative laws. The FSL/Budget. Both of them have the right to use the financial savings/reserves to serve the citizens.
6-3-2022 Newshound/Intel Guru Mnt Goat ...Technically there is not going to be any revaluation in Iraq. Get it? It is not until you take the older thee zero dinar notes after the dinar is reinstated on FOREX at the rate we are all looking for in exchange for our currency the US dollar, Euro, Canadian dollar, etc, etc, that a significant increase in value is realized... Now we wait for the next step. How will this next chess move begin? [post 2 of 2]
6-3-2022 Newshound/Intel Guru Mnt Goat I will be contacting the CBI soon to get an update on the project to delete the zeros... How will this next chess move begin? ...I believe it will be announcements made to turn in the older, larger three zero notes and a deadline will be given. After that date the banks will no longer accept them. How long will they have I do not know. The rate will be 1:1 and...this does not mean 1:1 meaning one dinar to one dollar... it simply means the current rate of the dinar under the program rate will be the same rate assigned to the newer lower denominations when they come out. [post 1 of 2....stay tuned]
6-2-2022 Intel Guru MarkZ [via PDK] Today has been crazy quiet again…spooky crazy quiet…if I reach someone they say there is no news or no news they are allowed to share at this point... [Is the silence from everyone’s NDA’s?] I do believe so. I think this is exactly what we are seeing...I believe all is good and we are in the short and skinny of this... We are darn stinkin close. [What makes you say we are close?] All the news out of Iraq as they are pushing to change that value... All the paperwork Iraq has signed with the IMF and the UN…. The articles from the IMF and the UN pushing Iraq to change the rate…and the bankers have been over the top...
6-2-2022 Intel Guru BobTheTaxMan Emerging markets are countries that have some characteristics of a developed market but yet not fully developed ...Iraq and Mongolia are the two latest that are moving from a kind of 3rd world status...Iraq is the richest country in the Middle East in terms of having raw materials and educated people.
6-2-2022 Newshound Guru Pimpy ...I was listening to news from overseas, the lady was talking about how the IMF and the World Bank have grossly underestimated the GDP growth in Iraq and said that if they formed their government and moved forward in the right way that they would have a much stronger GDP growth. That would be awesome because that's what we want.
6-2-2022 Intel Guru MarkZ [via PDK] I did finally get a response back from one of my Reno contacts. They said it is now time to be quiet. We are very, very close. I think this is very telling with the sheer number of people being quiet right now. It’s been almost a complete black out since Sunday and Monday on communications…personally I think this could be a great sign. It’s been crazy quiet. ...Remember-Nobody knows the exact timing. We all are doing our best guessing based on news articles and what we are being told by sources. I still think we are really close.
6-2-2022 Newshound Guru Militiaman Article: "Finance is finalizing the 2022 budget, and good news for lecturers and contracts" There is definitely a push to get the reforms done... The articles all show it to be the case and the world having been involved through the World Bank, IMF, AMF, UST, etc., is and or was the catalyst to push the politic side into high gear or the consequences may have been very dire.
6-2-2022 Newshound Guru Walkingstick [via Frank26] The importance of the latest meetings with the CBI, IMF, World Bank, all of them was to discuss and agree on the ATMs that will soon be released to the Iraqi citizens...These ATMs are now being put into position where they will be available to the citizens for the new small category notes. They talk about adding thousands and about replacing ATM machines.
6-2-2022 Intel Guru MarkZ [via PDK] [Nader (Guru Nader From The Mid East) said...that CBI is all that we need to wait on NOTHING, else.] I agree with that because Iraq has fulfilled all they [need?] to …and the CBI has said they can go without the government…. The IMF is pushing the CBI to change the rate.
6-2-2022 Intel Guru BobTheTaxMan Emerging markets are countries that have some characteristics of a developed market but yet not fully developed ...Iraq and Mongolia are the two latest that are moving from a kind of 3rd world status...Iraq is the richest country in the Middle East in terms of having raw materials and educated people.
6-2-2022 Newshound Guru Pimpy ...I was listening to news from overseas, the lady was talking about how the IMF and the World Bank have grossly underestimated the GDP growth in Iraq and said that if they formed their government and moved forward in the right way that they would have a much stronger GDP growth. That would be awesome because that's what we want.
6-2-2022 Intel Guru MarkZ [via PDK] I did finally get a response back from one of my Reno contacts. They said it is now time to be quiet. We are very, very close. I think this is very telling with the sheer number of people being quiet right now. It’s been almost a complete black out since Sunday and Monday on communications…personally I think this could be a great sign. It’s been crazy quiet. ...Remember-Nobody knows the exact timing. We all are doing our best guessing based on news articles and what we are being told by sources. I still think we are really close.
6-2-2022 Newshound Guru Militiaman Article: "Finance is finalizing the 2022 budget, and good news for lecturers and contracts" There is definitely a push to get the reforms done... The articles all show it to be the case and the world having been involved through the World Bank, IMF, AMF, UST, etc., is and or was the catalyst to push the politic side into high gear or the consequences may have been very dire.
6-2-2022 Newshound Guru Walkingstick [via Frank26] The importance of the latest meetings with the CBI, IMF, World Bank, all of them was to discuss and agree on the ATMs that will soon be released to the Iraqi citizens...These ATMs are now being put into position where they will be available to the citizens for the new small category notes. They talk about adding thousands and about replacing ATM machines.
6-2-2022 Intel Guru MarkZ [via PDK] [Nader (Guru Nader From The Mid East) said...that CBI is all that we need to wait on NOTHING, else.] I agree with that because Iraq has fulfilled all they [need?] to …and the CBI has said they can go without the government…. The IMF is pushing the CBI to change the rate.
6-1-2022 Guru Nader From The Mid East The only people who can make a decision on the reinstatement is the CBI. It's not the government. It's not parliament. It's not Al-Kazemi. It's not nobody. The CBI have to decide. The CBI make decision. The CBI will send their ideas and their statement to the parliament and they'll go, 'Okay, we're doing this and we're going to do it.' Nobody is going to stop them from doing it if they want to do it. So we wait for the CBI.
6-1-2022 Newshound Guru Pimpy Article "Al-Kazemi: Iraq has become one of the most important countries in the Middle East in terms of economic growth" ...Yes that's what you want to hear if you're invested in their dinar. But what good is it if you can't get the government to get formed and you can't stabilize the government and you can't stabilize the economy...the only thing holding Iraq back is Iraq . That's it...
6-1-2022 Guest Guru Tivon 6.) Do we have to wait until the ATM machines are set up locally/Internationally in order to see the rate on the Forex Market? 7.) Is Iraq waiting for the Gold Standard so they can peg the Dinar to precious metals? These are the lingering questions that some ponder...How close are we really? The summer is now upon us as the saga of the Iraqi Dinar continues. What will be in store for us this coming June? [Post 2 of 2]
6-1-2022 Guest Guru Tivon 1.) Will the "Food Security Law" create "Purchasing Power" for citizens? 2.) Will the rate change occur once the F.S.L. is voted on and passed? 3.) Do we have to wait for the Oil & Gas Law to see a new exchange rate? 4.) Do we have to wait until the 2022 Budget is open to see the reinstatement of the Dinar? 5.) Do we have to wait for the formation of the GOI in order to see the release of the new small category notes? [Post 1 of 2...stay tuned]
6-1-2022 Newshound Guru Godlover The current government is working as a caretaker government, or however one chooses to label them. The reality per endless articles is, they have limited power & cannot send the 2022 budget to parliament. Per articles this may change, but at this point it is only talk. [Post 2 of 2]
6-1-2022 Newshound Guru Godlover here are my thoughts on why we have not yet seen this blessing. Iraq is NOT ready imo...Many theories the government is formed, just not announced. This theory is fine, only, they do not HAVE a new government until it is OFFICIAL...I do not believe they have a "hiding" government. [Post 1 of 2....stay tuned]
6-1-2022 Intel Guru MarkZ [via PDK] I think Iraq is ready…Everyone is sitting in place and waiting for that switch to be flipped on…The banking side is in meetings this morning waiting on updates... Banks still feel we are at “any moment”.
6-1-2022 Newshound Guru Militiaman Article: "Al-Jabri informs the religious references in Najaf about the file of food security and high prices globally and locally" Absolutely is a big deal. They have the reserves and in my view it is well over 90 billion they have suggested which is far more than needed to expose the new exchange rate. The Food Security Law and 2022 Budget Law are synonymous and yes they both need the rate just as the Oil and Gas Law..
6-1-2022 Newshound Guru Walkingstick [via Frank26] Meetings that occurred on this past Wednesday and Thursday...there was talk about the new small category notes...the showing of it. They were talking about the denominations. So far we've always thought that there was going to be 7 new denominations...we only know of 6 denominations of the new small category notes. IMO there was no need to elaborate on the new small category notes at this meeting...they already had agreements on the new small category notes...
6-1-2022 Newshound/Intel Guru Mnt Goat WOW! The news is not what we expected by now. It has been 7 months already since the elections were held. These politicians just can not agree on how this new Iraqi government will be formed. But we must ask our selves why...It is because Al-Sadr is stepping up his game... We know that he attempting to change the process to a “government by majority” and not a simple “quota system”... Iraq could never be a free and sovereign nation with this old, corrupt system of elections. It must be changed over...
6-1-2022 Intel Guru MarkZ [via PDK] I am told that if Iraq settles for the NEER (Nominal effective exchange rate) instead of a full reinstatement of value and decides to pull the trigger without the rest of the world… if they go with the low rate of $1.60…and let it float …I was told Vietnam would do the same thing….and release the dong at a .30 cent rate and let it float. They are both very much expected to quickly float to reinstatement values ...Iraq in the mid $3’s to $4 and Vietnam to float to the low $2 range.
6-1-2022 Newshound Guru Pimpy Article "Al-Kazemi: Iraq has become one of the most important countries in the Middle East in terms of economic growth" ...Yes that's what you want to hear if you're invested in their dinar. But what good is it if you can't get the government to get formed and you can't stabilize the government and you can't stabilize the economy...the only thing holding Iraq back is Iraq . That's it...
6-1-2022 Guest Guru Tivon 6.) Do we have to wait until the ATM machines are set up locally/Internationally in order to see the rate on the Forex Market? 7.) Is Iraq waiting for the Gold Standard so they can peg the Dinar to precious metals? These are the lingering questions that some ponder...How close are we really? The summer is now upon us as the saga of the Iraqi Dinar continues. What will be in store for us this coming June? [Post 2 of 2]
6-1-2022 Guest Guru Tivon 1.) Will the "Food Security Law" create "Purchasing Power" for citizens? 2.) Will the rate change occur once the F.S.L. is voted on and passed? 3.) Do we have to wait for the Oil & Gas Law to see a new exchange rate? 4.) Do we have to wait until the 2022 Budget is open to see the reinstatement of the Dinar? 5.) Do we have to wait for the formation of the GOI in order to see the release of the new small category notes? [Post 1 of 2...stay tuned]
6-1-2022 Newshound Guru Godlover The current government is working as a caretaker government, or however one chooses to label them. The reality per endless articles is, they have limited power & cannot send the 2022 budget to parliament. Per articles this may change, but at this point it is only talk. [Post 2 of 2]
6-1-2022 Newshound Guru Godlover here are my thoughts on why we have not yet seen this blessing. Iraq is NOT ready imo...Many theories the government is formed, just not announced. This theory is fine, only, they do not HAVE a new government until it is OFFICIAL...I do not believe they have a "hiding" government. [Post 1 of 2....stay tuned]
6-1-2022 Intel Guru MarkZ [via PDK] I think Iraq is ready…Everyone is sitting in place and waiting for that switch to be flipped on…The banking side is in meetings this morning waiting on updates... Banks still feel we are at “any moment”.
6-1-2022 Newshound Guru Militiaman Article: "Al-Jabri informs the religious references in Najaf about the file of food security and high prices globally and locally" Absolutely is a big deal. They have the reserves and in my view it is well over 90 billion they have suggested which is far more than needed to expose the new exchange rate. The Food Security Law and 2022 Budget Law are synonymous and yes they both need the rate just as the Oil and Gas Law..
6-1-2022 Newshound Guru Walkingstick [via Frank26] Meetings that occurred on this past Wednesday and Thursday...there was talk about the new small category notes...the showing of it. They were talking about the denominations. So far we've always thought that there was going to be 7 new denominations...we only know of 6 denominations of the new small category notes. IMO there was no need to elaborate on the new small category notes at this meeting...they already had agreements on the new small category notes...
6-1-2022 Newshound/Intel Guru Mnt Goat WOW! The news is not what we expected by now. It has been 7 months already since the elections were held. These politicians just can not agree on how this new Iraqi government will be formed. But we must ask our selves why...It is because Al-Sadr is stepping up his game... We know that he attempting to change the process to a “government by majority” and not a simple “quota system”... Iraq could never be a free and sovereign nation with this old, corrupt system of elections. It must be changed over...
6-1-2022 Intel Guru MarkZ [via PDK] I am told that if Iraq settles for the NEER (Nominal effective exchange rate) instead of a full reinstatement of value and decides to pull the trigger without the rest of the world… if they go with the low rate of $1.60…and let it float …I was told Vietnam would do the same thing….and release the dong at a .30 cent rate and let it float. They are both very much expected to quickly float to reinstatement values ...Iraq in the mid $3’s to $4 and Vietnam to float to the low $2 range.
5-31-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We see currency reserves are projected to be $90 billion FRANK26: 90 billion? And you have toilet paper money? You see they are preparing themselves for a de-peg... FIREFLY: Then we see an American spokesman on TV saying they are backing Iraq and Iraq will be the cornerstone of stability for the region.
5-31-2022 Intel Guru MarkZ [via PDK] I pray tomorrow is “golden”...I am still hearing tomorrow is the goal. News has been positive from the banking side…But I am a bit worried we have not gotten more information from banks. They are still under the expectations that tomorrow will be a “go” day for announcements and setting appointments...I cannot remember a time when we were this close.
5-31-2022 Guru Nader From The Mid East The reinstatement will not go more than 1 to 1 to start then it floats. That's how it's gonna happen...I don't think it's gonna be in the $6...no country will be in the 6 against the dollar....
5-31-2022 Newshound Guru Pimpy Outside investors want to invest in Iraq but we really need a balanced and stable economy and a stable government. We don't need the whispers of a civil war because that's what it looks like it's heading into...Iraq is right there [in a good way] on the verge. It's so close. It's right there but it just has to get their crap together and stop the bickering and get rid of the corruption and they'll be well on their way of getting back on track and sooner than later have a much stronger dinar and we will see the exchange rate change in the positive...
5-31-2022 Guest Guru Tivon Do you know how heavy this statement is? ... these reserves maintain the "Purchasing Power" of individuals, as it preserves the real income of the individual from fluctuations in the event of the deterioration of the dinar. Come on people it doesn't get any better than this. All of these statements are only a couple or few days old. [Post 2 of 2]
5-31-2022 Guest Guru Tivon Article: "Al-Jabri informs the religious references in Najaf about the file of food security and high prices globally and locally" This article is a banger ... advisor from Al-Kazemi...stated that the rise in Iraq's hard currency reserves will increase confidence in the Iraqi dinar and will increase its stability, "stressing that "the Iraqi dinar is approaching "Full Coverage" of hard currency reserves in light of the current exchange rate." [Post 1 of 2....stay tuned]
5-31-2022 Intel Guru MarkZ [via PDK] There is still great expectations for today...To me this is the calm before the storm…and they have been very effective at shutting down leaks...as to where we are at right now... Redemption folks are very confident that this appears to be our week...In Iraq there are quite a few articles dropping and they are all about passing the budget, seating the government and Food Security. They are in a mad dash to raise the value and remove the zeros…there has been constant and nonstop news coming out of Iraq.
5-31-2022 Newshound Guru Godlover Article: "Finance is finalizing the 2022 budget, and good news for lecturers and contracts" ...The 2022 Budget, they already have the main draft done many many months ago...So past articles that suggest they need weeks to complete the 2022 is not likely the case..imo The articles state above that there is a Finalization of the Budget Law for the year 2022 today...This all looks very good.. imo Now, lets see if they have a work around with the government or not and they seat one. Quickly.
5-31-2022 Newshound Guru Militiaman Article: "Al-Rasheed Bank of Iraq outside international sanctions after 30 years" The bank will enjoy the confidence of the global system and international financial markets, specifically by collection credit lines for foreign trade. They are not going to be doing that with a program rate...We are watching the convergence of a country in renaissance.. IT is going to be an amazing event to be apart of, even if from the outside looking in...
5-31-2022 Newshound/Intel Guru Mnt Goat Article: "THE DISPUTE ENDS AS SOON AS IT IS LEGISLATED..THE KURDISTAN UNION SENDS AN IMPORTANT INVITATION TO BAGHDAD REGARDING OIL AND GAS" Quote: "the Federal Oil and Gas Law is still ink on paper and has not been legislated and there is no way out of the current crisis except by legislating a law regulating oil and gas." Okay so now we have it in writing from Kurdistan in that the Federal Oil and Gas Law is still ink on paper and has not been legislated...The Kurds will use this issue to get what they want out of forming the new government.
5-31-2022 Intel Guru MarkZ [via PDK] Folks on my banking side and redemption centers still believe redemptions will start on the 1st (June). I am hoping and praying they meet that goal...
5-31-2022 Intel Guru MarkZ [via PDK] I pray tomorrow is “golden”...I am still hearing tomorrow is the goal. News has been positive from the banking side…But I am a bit worried we have not gotten more information from banks. They are still under the expectations that tomorrow will be a “go” day for announcements and setting appointments...I cannot remember a time when we were this close.
5-31-2022 Guru Nader From The Mid East The reinstatement will not go more than 1 to 1 to start then it floats. That's how it's gonna happen...I don't think it's gonna be in the $6...no country will be in the 6 against the dollar....
5-31-2022 Newshound Guru Pimpy Outside investors want to invest in Iraq but we really need a balanced and stable economy and a stable government. We don't need the whispers of a civil war because that's what it looks like it's heading into...Iraq is right there [in a good way] on the verge. It's so close. It's right there but it just has to get their crap together and stop the bickering and get rid of the corruption and they'll be well on their way of getting back on track and sooner than later have a much stronger dinar and we will see the exchange rate change in the positive...
5-31-2022 Guest Guru Tivon Do you know how heavy this statement is? ... these reserves maintain the "Purchasing Power" of individuals, as it preserves the real income of the individual from fluctuations in the event of the deterioration of the dinar. Come on people it doesn't get any better than this. All of these statements are only a couple or few days old. [Post 2 of 2]
5-31-2022 Guest Guru Tivon Article: "Al-Jabri informs the religious references in Najaf about the file of food security and high prices globally and locally" This article is a banger ... advisor from Al-Kazemi...stated that the rise in Iraq's hard currency reserves will increase confidence in the Iraqi dinar and will increase its stability, "stressing that "the Iraqi dinar is approaching "Full Coverage" of hard currency reserves in light of the current exchange rate." [Post 1 of 2....stay tuned]
5-31-2022 Intel Guru MarkZ [via PDK] There is still great expectations for today...To me this is the calm before the storm…and they have been very effective at shutting down leaks...as to where we are at right now... Redemption folks are very confident that this appears to be our week...In Iraq there are quite a few articles dropping and they are all about passing the budget, seating the government and Food Security. They are in a mad dash to raise the value and remove the zeros…there has been constant and nonstop news coming out of Iraq.
5-31-2022 Newshound Guru Godlover Article: "Finance is finalizing the 2022 budget, and good news for lecturers and contracts" ...The 2022 Budget, they already have the main draft done many many months ago...So past articles that suggest they need weeks to complete the 2022 is not likely the case..imo The articles state above that there is a Finalization of the Budget Law for the year 2022 today...This all looks very good.. imo Now, lets see if they have a work around with the government or not and they seat one. Quickly.
5-31-2022 Newshound Guru Militiaman Article: "Al-Rasheed Bank of Iraq outside international sanctions after 30 years" The bank will enjoy the confidence of the global system and international financial markets, specifically by collection credit lines for foreign trade. They are not going to be doing that with a program rate...We are watching the convergence of a country in renaissance.. IT is going to be an amazing event to be apart of, even if from the outside looking in...
5-31-2022 Newshound/Intel Guru Mnt Goat Article: "THE DISPUTE ENDS AS SOON AS IT IS LEGISLATED..THE KURDISTAN UNION SENDS AN IMPORTANT INVITATION TO BAGHDAD REGARDING OIL AND GAS" Quote: "the Federal Oil and Gas Law is still ink on paper and has not been legislated and there is no way out of the current crisis except by legislating a law regulating oil and gas." Okay so now we have it in writing from Kurdistan in that the Federal Oil and Gas Law is still ink on paper and has not been legislated...The Kurds will use this issue to get what they want out of forming the new government.
5-31-2022 Intel Guru MarkZ [via PDK] Folks on my banking side and redemption centers still believe redemptions will start on the 1st (June). I am hoping and praying they meet that goal...
5-30-2022 Guru Nader From The Mid East community comment "Iraq is printing too many dinars..." Yeah they printed too many dinars. They stopped printing...the 25,000, 10,000, 5,000, 1,000. They stopped printing them. Now they're trying to print new money with only one or two zeros...smaller category of currency...They didn't print it yet I'm not sure. Maybe the project is there but I don't know if they started or not...I know they said we're gonna do this but nothing else, they didn't say anything else about it.
5-30-2022 Newshound Guru Kaperoni For the most part, the IMF is in charge of Iraq's monetary policy (at least providing significant guidance). And the IMF does not want them to redenominate. It is well documented they want them to allow the dinar to gradually appreciate as the economy grows.
5-30-2022 Newshound Guru Sandy Ingram ...Excellent news from Iraq. Article: "Iraq currency reserves expected to exceed $90 billion by year- end, Finance Minister" ...this is excellent news.
5-30-2022 Intel Guru MarkZ [via PDK] News has been pretty solid over the weekend... I am told in Iraq - they passed the Food Security Bill over the weekend is which is absolutely huge...I believe this is a shot across the bow to move forward with the white papers and the change in value. They are letting us know they are willing to dissolve the entire parliament and start over quickly because this is taking so long to get the government sat. They will do whatever it takes to move forward with economic reforms meaning delete the zeros and increase the value. I think it was great news coming out of Iraq.
5-30-2022 Newshound Guru Pimpy they can't get money out to the needy and they got to continue working with the last year's budget. This is Iraq, always shooting itself in the foot. They have the opportunity to really grow and thrive...but they can't get out of their own way. I see the great potential there in Iraq. It think it's a great investment. I haven't changed my mind. [Post 2 of 2]
5-30-2022 Newshound Guru Pimpy Article: "Al-Kazemi: Iraq has become one of the most important countries in the Middle East in terms of economic growth" they could have a much stronger economy but they have to pass a budget. Well they can't pass a budget because the Supreme Court won't allow them to. You have to wait until the 'caretaker' government is out of office and a new government is established... [Post 1 of 2....stay tuned]
5-30-2022 Newshound Guru Deepwoodz Kadhimi has been silent but he usually is concerning parliament...I do agree there is a work around/smoke and mirrors in play. I suggest that the EFSLaw is the work around to the new exchange rate...the budget law and EFS law are synonymous. I believe this means the rate is in both. Whichever comes first should reveal it.
5-30-2022 Newshound Guru Godlover This EFSL [Emergency Food & Security Law] is not a good thing imo. I know many are expecting the EFSL to have a new rate, however, I cannot see any logic in that thinking unless the 2022 budget is passed with it, which I highly doubt. As well, the EFSL is synonymous (similar) to the 2022 budget because it has a mini budget with it...I want & need this blessing just as much as anyone else, but...if it walks like a duck, quacks like a duck, then certainly it must be a duck.
5-30-2022 Intel Guru Frank26 In all honesty if Iraq doesn't move soon the basket may move without them. Iraq is now backed by gold. It used to be backed by oil. It can be backed by anything they want. They're that powerful financially. Yes, the ISO was very powerful, this was an IMF goal and so is raising the value of the IQD an IMF goal. The IMF is not silent about raising the value of the dinar. It's what they are doing...
5-30-2022 Newshound Guru Samson Article: "Al-Rasheed Bank of Iraq outside international sanctions after 30 years" Quote: "Al-Rasheed Bank announced, on Sunday, May 29, 2022, the removal of its name from the list of international sanctions of the Charter of the United Nations...deleting the name of the bank from the list of international sanctions of the United Nations Charter is an advanced step...the decision will allow the bank to open its branches outside the country, Especially in important countries that are centers of international banking and related financial transactions..."
5-30-2022 Newshound/Intel Guru Mnt Goat Article: "A WISE ADMINISTRATION RAISED THE PRICE OF THE DOLLAR.. A BOLD TALK BY THE MINISTER OF FINANCE ABOUT A SURPRISE FOR THE IRAQI ECONOMY, WHICH BODES WELL" Quote: "...confirmed the increase in cash reserves with the Central Bank to 90 billion dollars by the end of this year,..." Iraq says they have the security and certainly they have the financial stability. They repeatedly said they needed this for the project to delete the zeros and so where is it? Do you get my point?
5-30-2022 Newshound Guru Kaperoni For the most part, the IMF is in charge of Iraq's monetary policy (at least providing significant guidance). And the IMF does not want them to redenominate. It is well documented they want them to allow the dinar to gradually appreciate as the economy grows.
5-30-2022 Newshound Guru Sandy Ingram ...Excellent news from Iraq. Article: "Iraq currency reserves expected to exceed $90 billion by year- end, Finance Minister" ...this is excellent news.
5-30-2022 Intel Guru MarkZ [via PDK] News has been pretty solid over the weekend... I am told in Iraq - they passed the Food Security Bill over the weekend is which is absolutely huge...I believe this is a shot across the bow to move forward with the white papers and the change in value. They are letting us know they are willing to dissolve the entire parliament and start over quickly because this is taking so long to get the government sat. They will do whatever it takes to move forward with economic reforms meaning delete the zeros and increase the value. I think it was great news coming out of Iraq.
5-30-2022 Newshound Guru Pimpy they can't get money out to the needy and they got to continue working with the last year's budget. This is Iraq, always shooting itself in the foot. They have the opportunity to really grow and thrive...but they can't get out of their own way. I see the great potential there in Iraq. It think it's a great investment. I haven't changed my mind. [Post 2 of 2]
5-30-2022 Newshound Guru Pimpy Article: "Al-Kazemi: Iraq has become one of the most important countries in the Middle East in terms of economic growth" they could have a much stronger economy but they have to pass a budget. Well they can't pass a budget because the Supreme Court won't allow them to. You have to wait until the 'caretaker' government is out of office and a new government is established... [Post 1 of 2....stay tuned]
5-30-2022 Newshound Guru Deepwoodz Kadhimi has been silent but he usually is concerning parliament...I do agree there is a work around/smoke and mirrors in play. I suggest that the EFSLaw is the work around to the new exchange rate...the budget law and EFS law are synonymous. I believe this means the rate is in both. Whichever comes first should reveal it.
5-30-2022 Newshound Guru Godlover This EFSL [Emergency Food & Security Law] is not a good thing imo. I know many are expecting the EFSL to have a new rate, however, I cannot see any logic in that thinking unless the 2022 budget is passed with it, which I highly doubt. As well, the EFSL is synonymous (similar) to the 2022 budget because it has a mini budget with it...I want & need this blessing just as much as anyone else, but...if it walks like a duck, quacks like a duck, then certainly it must be a duck.
5-30-2022 Intel Guru Frank26 In all honesty if Iraq doesn't move soon the basket may move without them. Iraq is now backed by gold. It used to be backed by oil. It can be backed by anything they want. They're that powerful financially. Yes, the ISO was very powerful, this was an IMF goal and so is raising the value of the IQD an IMF goal. The IMF is not silent about raising the value of the dinar. It's what they are doing...
5-30-2022 Newshound Guru Samson Article: "Al-Rasheed Bank of Iraq outside international sanctions after 30 years" Quote: "Al-Rasheed Bank announced, on Sunday, May 29, 2022, the removal of its name from the list of international sanctions of the Charter of the United Nations...deleting the name of the bank from the list of international sanctions of the United Nations Charter is an advanced step...the decision will allow the bank to open its branches outside the country, Especially in important countries that are centers of international banking and related financial transactions..."
5-30-2022 Newshound/Intel Guru Mnt Goat Article: "A WISE ADMINISTRATION RAISED THE PRICE OF THE DOLLAR.. A BOLD TALK BY THE MINISTER OF FINANCE ABOUT A SURPRISE FOR THE IRAQI ECONOMY, WHICH BODES WELL" Quote: "...confirmed the increase in cash reserves with the Central Bank to 90 billion dollars by the end of this year,..." Iraq says they have the security and certainly they have the financial stability. They repeatedly said they needed this for the project to delete the zeros and so where is it? Do you get my point?
5-29-2022 Newshound Guru Pimpy There are some things I notice about Iraq that just drives me insane. They're so on the verge of just being where we want them to be so we can make something off this investment - it's just so close, but then every time it's like, 'Oh, you almost had it...' So close, so close, but not quite there yet...
5-29-2022 Newshound Guru Militiaman Article: "Saving a Homeland: The government will be formed within the next two months" I am not seeing them use two months to resolve the issue of the Government impasse. There is another meeting with the UN post two scathing reports on the lack of movement politically. Not only have they the pressure from the UN, the IMF, the UST, the World Bank, even the CBI supports they are moving faster than months out...imo.
5-29-2022 Intel Guru MarkZ [via PDK] [Nader said...that the dinar rate was only going to be 1 to 1.] He said that rate made sense to him…he also said that all the areas around Iraq, even those that do not have the same wealth have rates in the $3’s…but that 1 to 1 to made the most sense and then let it float. I agree with him…that does make sense if Iraq goes without the rest of the world with the NEER (Nominal Effective Exchange Rate) rate…but we did see with government documentation that they want the NEER at about $1.60 and then let it float...IF they go solo. If they go with the Global Currency reset they can justify a considerably higher rate. So the rate will depend on if Iraq goes solo or if they go with the rest of the world.
5-29-2022 Guest Guru JERRY_1971 [Response to Guru Godlover Post below] THE FSL IS THE ALTERNATIVE TO THE BUDGET 2022 SINCE ITS TAKING TIME TO PASS THE NEW BUDGET 2022 DUE TO LACK OF SEATED GOVT TILL THEN THEY CANT WAIT AND NEED TO PASS THE FSL IN ORDER TO GIVE RELIEF TO THE POOR CITIZENS EVEN LOOK AT TODAY'S ARTICLE...THE PM ADVISOR SALEH IS CONFIRMING THAT THEY NEED TO LEGISLATE EITHER OF ONE OF THE TWO THE FSL OR THE BUDGET IN ORDER TO DISBURSE OF THE ABUNDANCE OF WEALTH THEY HAVE IN THEIR TREASURY TO THE PEOPLE OF IRAQ . PM KAZEMI IS IN CONTROL OF ALL THIS AND WANTS ALL THE BEST FOR ITS CITIZENS GL HOPE IN YOUR OPINION YOU MAY BE WRONG THIS TIME AT LEAST IT WILL BENEFIT THE CITIZENS OF IRAQ AND WE DINARIANS IMO
5-29-2022 Guru Nader From The Mid East Community comment: "Iraq will never reinstate their money. Their money will never go up." You might be right but I strongly disagree with you because if you look all around us like Kuwait, United Emirates, if you look all around us the least the dollar..the Saudis...you can buy for I think 58 cents for a dollar...I think there is a big chance of reinstating. A big chance...
5-29-2022 Intel Guru Frank26 THE LAST FEW WEEKS OF AUCTIONS HAVE BEEN UNDER THE CONTROL OF THE CBI. NOT ONLY ARE THE CITIZENS EXCITED ABOUT A COMING NEW EXCHANGE RATE BUT THEY ALSO KNOW THEY WILL HAVE AN INCREASE TO THEIR INCOME THROUGH THE HCL AND NOW THE CITIZENS ARE REALIZING... THAT MORE PURCHASING POWER IS COMING THROUGH THEIR GOVERNMENT VIA CBI/AUCTIONS.
5-29-2022 Newshound Guru Godlover Article: "Parliamentary agreement to complete the draft food security law" The FSL is a "filler" with a mini budget per articles, for them to get by until the general budget is approved & opened. This of course needs a new government or for the current government to be granted full authority. The FSL is not a substitute for the general budget, assuming they ever pass the general budget, then it would be a substitute by default. Certainly the FSL will not have what we all seek.
5-29-2022 Newshound/Intel Guru Mnt Goat Next Steps: So let them iron out the details of the next government as I am hearing that it is just about completed. I suspect we may hear more details on it this weekend or early next week. Once the president is voted on it will not be long before the government is completed. I have been saying all along the Al-Kazemi will stay as the prime minister... Let’s just sit back and watch it all play out.
5-29-2022 Newshound Guru Militiaman Article: "Saving a Homeland: The government will be formed within the next two months" I am not seeing them use two months to resolve the issue of the Government impasse. There is another meeting with the UN post two scathing reports on the lack of movement politically. Not only have they the pressure from the UN, the IMF, the UST, the World Bank, even the CBI supports they are moving faster than months out...imo.
5-29-2022 Intel Guru MarkZ [via PDK] [Nader said...that the dinar rate was only going to be 1 to 1.] He said that rate made sense to him…he also said that all the areas around Iraq, even those that do not have the same wealth have rates in the $3’s…but that 1 to 1 to made the most sense and then let it float. I agree with him…that does make sense if Iraq goes without the rest of the world with the NEER (Nominal Effective Exchange Rate) rate…but we did see with government documentation that they want the NEER at about $1.60 and then let it float...IF they go solo. If they go with the Global Currency reset they can justify a considerably higher rate. So the rate will depend on if Iraq goes solo or if they go with the rest of the world.
5-29-2022 Guest Guru JERRY_1971 [Response to Guru Godlover Post below] THE FSL IS THE ALTERNATIVE TO THE BUDGET 2022 SINCE ITS TAKING TIME TO PASS THE NEW BUDGET 2022 DUE TO LACK OF SEATED GOVT TILL THEN THEY CANT WAIT AND NEED TO PASS THE FSL IN ORDER TO GIVE RELIEF TO THE POOR CITIZENS EVEN LOOK AT TODAY'S ARTICLE...THE PM ADVISOR SALEH IS CONFIRMING THAT THEY NEED TO LEGISLATE EITHER OF ONE OF THE TWO THE FSL OR THE BUDGET IN ORDER TO DISBURSE OF THE ABUNDANCE OF WEALTH THEY HAVE IN THEIR TREASURY TO THE PEOPLE OF IRAQ . PM KAZEMI IS IN CONTROL OF ALL THIS AND WANTS ALL THE BEST FOR ITS CITIZENS GL HOPE IN YOUR OPINION YOU MAY BE WRONG THIS TIME AT LEAST IT WILL BENEFIT THE CITIZENS OF IRAQ AND WE DINARIANS IMO
5-29-2022 Guru Nader From The Mid East Community comment: "Iraq will never reinstate their money. Their money will never go up." You might be right but I strongly disagree with you because if you look all around us like Kuwait, United Emirates, if you look all around us the least the dollar..the Saudis...you can buy for I think 58 cents for a dollar...I think there is a big chance of reinstating. A big chance...
5-29-2022 Intel Guru Frank26 THE LAST FEW WEEKS OF AUCTIONS HAVE BEEN UNDER THE CONTROL OF THE CBI. NOT ONLY ARE THE CITIZENS EXCITED ABOUT A COMING NEW EXCHANGE RATE BUT THEY ALSO KNOW THEY WILL HAVE AN INCREASE TO THEIR INCOME THROUGH THE HCL AND NOW THE CITIZENS ARE REALIZING... THAT MORE PURCHASING POWER IS COMING THROUGH THEIR GOVERNMENT VIA CBI/AUCTIONS.
5-29-2022 Newshound Guru Godlover Article: "Parliamentary agreement to complete the draft food security law" The FSL is a "filler" with a mini budget per articles, for them to get by until the general budget is approved & opened. This of course needs a new government or for the current government to be granted full authority. The FSL is not a substitute for the general budget, assuming they ever pass the general budget, then it would be a substitute by default. Certainly the FSL will not have what we all seek.
5-29-2022 Newshound/Intel Guru Mnt Goat Next Steps: So let them iron out the details of the next government as I am hearing that it is just about completed. I suspect we may hear more details on it this weekend or early next week. Once the president is voted on it will not be long before the government is completed. I have been saying all along the Al-Kazemi will stay as the prime minister... Let’s just sit back and watch it all play out.
5-28-2022 Guru Nader From The Mid East The reinstatement will not go more than 1 to 1 to start then it floats. That's how it's gonna happen...I don't think it's gonna be in the $6...no country will be in the 6 against the dollar...
5-28-2022 Intel Guru Frank26 I saw someone make a post earlier and they said 'I don't understand, 25000, you remove the three zeros, you have 25 dollars...this is a stupid investment.' There are 3 zeros on the currency. What are you going to take a pair of scissors and cut them off and you have a 25 note? The 3 zeros they're talking about are on the exchange rate. Once they lift those three zeros that 25k note becomes 25,000...
5-28-2022 Newshound Guru Deepwoodz [Response to Guru Godlover below] Let’s not forget that Kadhimi and his government had the budget ready long before now. Even before they supposedly became a caretaker. They could easily have put the budget forward at the end of last year if they had wanted to. Whatever they were waiting on then, is probably the same thing they are waiting on now. The articles are like riding a roller coaster but the truth is much less chaotic. We just aren’t privy to the schedule they have set. Nor are we privy to the date or the rate…Yet!
5-28-2022 Intel Guru MarkZ [via PDK] I am really hoping over the next few days we all cross the finish line... I did hear one more confirmation of an expected long work days starting on Tuesday at redemption centers. This is from a redemption center employee. I am really hopeful we get some kind of notice by midday on Monday... I am getting positive news out of Iraq as well…they hope to move forward with new rate soon. I have not heard anything negative at all.
5-28-22 Newshound Guru Samson Article: "The arrival of dollar reserves to 90 billion, ringing the bells of the exchange rate" Quote: "Calls are rising among the popular and political circles, to reduce the exchange rate of the dollar against the dinar, after the foreign currency reserves in Iraq witnessed a jump during 2022...the step of raising the value of the Iraqi dinar, if achieved, will make the dinar a competitive currency that helps lower the prices of commodities and foodstuffs in the markets. According to the experts..."
5-28-2022 Newshound Guru Godlover Furthermore, if a government was in place already, it would benefit them to make it official. There is no benefit to hide them. There would be no reason for them to not announce their new government, if it was already formed. So much cannot happen with the current government in place per articles. As stated in previous articles, the current government may get a vote to grant them full authority...we will see. But until one of these scenarios happens, they are in limbo. [Post 2 of 2]
5-28-2022 Newshound Guru Godlover Question: "IMO, everything is in place they just have to do it...what do you believe still has to happen in order for them to be ready?" What NEEDS to happen is a seated government imo. Even if a government is "prepared" already (hiding), then it needs to be made official. A government that no one can see, is no government at all. [Post 1 of 2....stay tuned]
5-28-2022 Intel Guru Bruce [via WiserNow] ...Iraq did not put out the rate this week as we had been told but were being told from Iraq that the new rate will come out this weekend probably Sat or Sun so they can trade it Sunday night with the other countries in the Far East – the new rate I know what it is but I can’t say it – it will be a very strong in country rate and that will also be traded up probably – we will have an excellent rate for us – I am excited
5-28-2022 Intel Guru Frank26 I saw someone make a post earlier and they said 'I don't understand, 25000, you remove the three zeros, you have 25 dollars...this is a stupid investment.' There are 3 zeros on the currency. What are you going to take a pair of scissors and cut them off and you have a 25 note? The 3 zeros they're talking about are on the exchange rate. Once they lift those three zeros that 25k note becomes 25,000...
5-28-2022 Newshound Guru Deepwoodz [Response to Guru Godlover below] Let’s not forget that Kadhimi and his government had the budget ready long before now. Even before they supposedly became a caretaker. They could easily have put the budget forward at the end of last year if they had wanted to. Whatever they were waiting on then, is probably the same thing they are waiting on now. The articles are like riding a roller coaster but the truth is much less chaotic. We just aren’t privy to the schedule they have set. Nor are we privy to the date or the rate…Yet!
5-28-2022 Intel Guru MarkZ [via PDK] I am really hoping over the next few days we all cross the finish line... I did hear one more confirmation of an expected long work days starting on Tuesday at redemption centers. This is from a redemption center employee. I am really hopeful we get some kind of notice by midday on Monday... I am getting positive news out of Iraq as well…they hope to move forward with new rate soon. I have not heard anything negative at all.
5-28-22 Newshound Guru Samson Article: "The arrival of dollar reserves to 90 billion, ringing the bells of the exchange rate" Quote: "Calls are rising among the popular and political circles, to reduce the exchange rate of the dollar against the dinar, after the foreign currency reserves in Iraq witnessed a jump during 2022...the step of raising the value of the Iraqi dinar, if achieved, will make the dinar a competitive currency that helps lower the prices of commodities and foodstuffs in the markets. According to the experts..."
5-28-2022 Newshound Guru Godlover Furthermore, if a government was in place already, it would benefit them to make it official. There is no benefit to hide them. There would be no reason for them to not announce their new government, if it was already formed. So much cannot happen with the current government in place per articles. As stated in previous articles, the current government may get a vote to grant them full authority...we will see. But until one of these scenarios happens, they are in limbo. [Post 2 of 2]
5-28-2022 Newshound Guru Godlover Question: "IMO, everything is in place they just have to do it...what do you believe still has to happen in order for them to be ready?" What NEEDS to happen is a seated government imo. Even if a government is "prepared" already (hiding), then it needs to be made official. A government that no one can see, is no government at all. [Post 1 of 2....stay tuned]
5-28-2022 Intel Guru Bruce [via WiserNow] ...Iraq did not put out the rate this week as we had been told but were being told from Iraq that the new rate will come out this weekend probably Sat or Sun so they can trade it Sunday night with the other countries in the Far East – the new rate I know what it is but I can’t say it – it will be a very strong in country rate and that will also be traded up probably – we will have an excellent rate for us – I am excited
5-27-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: CBI governor talking about the exchange rate...in interview on news. FRANK26: This is where it starts to get real...it's getting close, be prepared. FIREFLY: Yes.
5-27-2022 Intel Guru MarkZ [via PDK] [ I am really hoping June 1 is the day.] ...I am still hearing a crazy number of confirmations that this is still their goal.
5-27-2022 Newshound Guru Samson Article: "The Central Bank of Iraq announces that foreign reserves have risen to $74 billion" Quote: "noting that the financial situation in Iraq was "very excellent" compared to the countries of the region and neighboring countries..."
5-27-2022 Intel Guru Bruce [via WiserNow] ...I think what we’re looking at...the first day of June...Wednesday...it’s possible that we do get this before the 1st of June It’s also possible that we get notified on the 31st and set our appointments for the 1st of June – (Wednesday)... it’s not from just 1 source – this is multiple sources that are confirming the timing on this and so I’m excited about that because it takes us where we need to go in less than a week... we’ll see what happens...
5-27-2022 Guru Nader From The Mid East We're waiting for them to vote for the food security...I don't think the Food Security has something to do with the rate. It's nothing. They're putting 25 trillion dollars [dinars] to secure the food. That it.
5-27-2022 Newshound Guru Militiaman [Response to Guru Godlover below...] I disagree... I hope they do pass the EFL. The citizens deserve their connotational [constitutional ?] rights. Those that support the coordination frame work would like very much they don't [pass the law] ... Those that are for the citizens do want the EFL, as it is like the 2022 budget, they are synonymous. In other words they are new exchange rate oriented. imo..
5-27-2022 Intel Guru MarkZ [via PDK] There is great anticipation for release of numbers over this holiday weekend and our redemptions starting somewhere around the first. Going full tilt next week...We have been here before…stay grounded…is it soon? I absolutely believe it is...hopefully by Monday we will be celebrating good times!
5-27-2022 Newshound Guru Pimpy Article: "The Iraqi currency reserves are expected to exceed $90 billion by the end of the year" They are quickly getting up there as far as their reserves are concerned...the more they have in reserves the more they have to support the economy as well as the Iraqi dinar which is what you want...we were all happy when they reached 70 billion now they're projected to be at 90 by the end of the year. This is awesome. This is great news.
5-27-2022 Newshound Guru Godlover I am still hopeful they do not pass the FSL, if they do pass the FSL, I expect the government formation to drag on for some time unfortunately...
5-27-2022 Newshound/Intel Guru Mnt Goat We are now in an unprecedented period of excitement for the IQD reinstatement to happen. I am hearing nothing but good information from all the sources including the Central Bank of Iraq, the IMF and the U.S. Treasury. The initial rate on the new Quantum Financial System (QFS) is way up there to $6+. However...I can not clearly see that it would or even could come out that high. It will probably come out at about $4+. But please remember that the project to delete the zeros must happen just before or just after the reinstatement.
5-27-2022 Intel Guru MarkZ [via PDK] [ I am really hoping June 1 is the day.] ...I am still hearing a crazy number of confirmations that this is still their goal.
5-27-2022 Newshound Guru Samson Article: "The Central Bank of Iraq announces that foreign reserves have risen to $74 billion" Quote: "noting that the financial situation in Iraq was "very excellent" compared to the countries of the region and neighboring countries..."
5-27-2022 Intel Guru Bruce [via WiserNow] ...I think what we’re looking at...the first day of June...Wednesday...it’s possible that we do get this before the 1st of June It’s also possible that we get notified on the 31st and set our appointments for the 1st of June – (Wednesday)... it’s not from just 1 source – this is multiple sources that are confirming the timing on this and so I’m excited about that because it takes us where we need to go in less than a week... we’ll see what happens...
5-27-2022 Guru Nader From The Mid East We're waiting for them to vote for the food security...I don't think the Food Security has something to do with the rate. It's nothing. They're putting 25 trillion dollars [dinars] to secure the food. That it.
5-27-2022 Newshound Guru Militiaman [Response to Guru Godlover below...] I disagree... I hope they do pass the EFL. The citizens deserve their connotational [constitutional ?] rights. Those that support the coordination frame work would like very much they don't [pass the law] ... Those that are for the citizens do want the EFL, as it is like the 2022 budget, they are synonymous. In other words they are new exchange rate oriented. imo..
5-27-2022 Intel Guru MarkZ [via PDK] There is great anticipation for release of numbers over this holiday weekend and our redemptions starting somewhere around the first. Going full tilt next week...We have been here before…stay grounded…is it soon? I absolutely believe it is...hopefully by Monday we will be celebrating good times!
5-27-2022 Newshound Guru Pimpy Article: "The Iraqi currency reserves are expected to exceed $90 billion by the end of the year" They are quickly getting up there as far as their reserves are concerned...the more they have in reserves the more they have to support the economy as well as the Iraqi dinar which is what you want...we were all happy when they reached 70 billion now they're projected to be at 90 by the end of the year. This is awesome. This is great news.
5-27-2022 Newshound Guru Godlover I am still hopeful they do not pass the FSL, if they do pass the FSL, I expect the government formation to drag on for some time unfortunately...
5-27-2022 Newshound/Intel Guru Mnt Goat We are now in an unprecedented period of excitement for the IQD reinstatement to happen. I am hearing nothing but good information from all the sources including the Central Bank of Iraq, the IMF and the U.S. Treasury. The initial rate on the new Quantum Financial System (QFS) is way up there to $6+. However...I can not clearly see that it would or even could come out that high. It will probably come out at about $4+. But please remember that the project to delete the zeros must happen just before or just after the reinstatement.
5-26-2022 Intel Guru MarkZ [via PDK] ...in Iraq they are still talking back and forth about when they are going to read the Food Security Bill again. It is still expected this week. I am still hearing from my banking side that our redemption day is scheduled for June 1st...My guess is the RV news will be very quiet until around Monday the 30th based on the holiday weekend... There is not a lot they need to say between now and then so believe it will be quiet. [This has to be the calm before the storm….] Exactly…I think that is where we are at right now.
5-26-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: CBI governor was meeting with the IMF and World Bank and Finance Committee on the mission review for Iraq talking about financial reforms and he talked about exchange rate. FRANK26: It's getting hot in here! This IMO is the culmination of all these meetings. They now have an understanding of what their mission is to accomplish.
5-26-2022 Intel Guru MilitiaMan Article: "Parliamentary Finance Reveals A New Inquiry To The Federal Court Regarding The Food Security Law" We can see there is a seriousness with this emergency food law. The fact that the GOI and the Finance Committees are in talks now, is very important with respect to timing...The law contains a very large financial mechanism...So large they were not given it out, until now... The vote is slated for tomorrow....The street (vulnerable) is in expectation of their constitutional entitlements that are apart of the law... Looks like show time is in close proximity..imo
5-26-2022 Newshound Guru Sandy Ingram Exciting news.. Article: "Iraq Revenues to Exceed $150 Billion"
5-26-2022 Intel Guru MarkZ [via PDK] I am almost afraid to tell you what they are expecting. But right now they are hearing Redemption Day...the day we will actually start redeeming is June 1st...this is what my contacts on the redemption side are hearing. Hopefully this will be accurate
5-26-2022 Newshound Guru Pimpy Article: "Iraq's political stalemate raising changes of Shia on Shia clashes" It looks like it's about to get ugly over there...I'm anticipating a civil war to be honest with you...this is what we don't want. Hopefully a situation will be panned out...if they go to civil war [hopefully] it happens quickly and isn't drawn out for years. As far as Iraqi dinar exchange is concerned - any change of it whatsoever not if there's any type of armed conflict that's for sure...that's the cold hard truth.
5-26-2022 Newshound Guru Samson Article: "The Central Bank : The implementation of the terms of the White Paper revived the Iraqi economy" Quote: "the Governor of the Central Bank of Iraq, Mustafa Ghaleb Makheef, confirmed the recovery of the Iraqi economy as a result of the application of the white paper."
5-26-2022 Intel Guru MarkZ [via PDK] Mountain Goat did a good update [Reference Mnt Goat post 5-25-2022] and I’m glad she did because I was afraid to mention these rates… My phone has been lit up today just on the rates...I am hearing the same thing on the rate…between $6 and 6.50. That has been a dominate conversation today with most of my contacts. I am a little excited about that. But the thought of the rate coming out low and floating up makes perfect sense…so don’t panic if that’s the way it happens. [if we got the rates now…we must be close.] I think we are very close now…I still hear the goal is to get this done in the month of May...
5-26-2022 Newshound/Intel Guru Mnt Goat Article: "INCREASING THE CAPITAL OF THE CENTRAL BANK ENHANCES ITS BALANCED MONETARY" Quote: "The Central Bank of Iraq announced the decision of its board of directors to increase its capital to 5 trillion dinars, an increase of 40% over its previous capital of 3 trillion dinars. 2 trillion dinars." we can clearly see that the devaluation of dinar to rebuild the CBI reserves was a strategic move and included in the strategy of the White Paper. Now no one can say there is not Stability and Security...
5-26-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: CBI governor was meeting with the IMF and World Bank and Finance Committee on the mission review for Iraq talking about financial reforms and he talked about exchange rate. FRANK26: It's getting hot in here! This IMO is the culmination of all these meetings. They now have an understanding of what their mission is to accomplish.
5-26-2022 Intel Guru MilitiaMan Article: "Parliamentary Finance Reveals A New Inquiry To The Federal Court Regarding The Food Security Law" We can see there is a seriousness with this emergency food law. The fact that the GOI and the Finance Committees are in talks now, is very important with respect to timing...The law contains a very large financial mechanism...So large they were not given it out, until now... The vote is slated for tomorrow....The street (vulnerable) is in expectation of their constitutional entitlements that are apart of the law... Looks like show time is in close proximity..imo
5-26-2022 Newshound Guru Sandy Ingram Exciting news.. Article: "Iraq Revenues to Exceed $150 Billion"
5-26-2022 Intel Guru MarkZ [via PDK] I am almost afraid to tell you what they are expecting. But right now they are hearing Redemption Day...the day we will actually start redeeming is June 1st...this is what my contacts on the redemption side are hearing. Hopefully this will be accurate
5-26-2022 Newshound Guru Pimpy Article: "Iraq's political stalemate raising changes of Shia on Shia clashes" It looks like it's about to get ugly over there...I'm anticipating a civil war to be honest with you...this is what we don't want. Hopefully a situation will be panned out...if they go to civil war [hopefully] it happens quickly and isn't drawn out for years. As far as Iraqi dinar exchange is concerned - any change of it whatsoever not if there's any type of armed conflict that's for sure...that's the cold hard truth.
5-26-2022 Newshound Guru Samson Article: "The Central Bank : The implementation of the terms of the White Paper revived the Iraqi economy" Quote: "the Governor of the Central Bank of Iraq, Mustafa Ghaleb Makheef, confirmed the recovery of the Iraqi economy as a result of the application of the white paper."
5-26-2022 Intel Guru MarkZ [via PDK] Mountain Goat did a good update [Reference Mnt Goat post 5-25-2022] and I’m glad she did because I was afraid to mention these rates… My phone has been lit up today just on the rates...I am hearing the same thing on the rate…between $6 and 6.50. That has been a dominate conversation today with most of my contacts. I am a little excited about that. But the thought of the rate coming out low and floating up makes perfect sense…so don’t panic if that’s the way it happens. [if we got the rates now…we must be close.] I think we are very close now…I still hear the goal is to get this done in the month of May...
5-26-2022 Newshound/Intel Guru Mnt Goat Article: "INCREASING THE CAPITAL OF THE CENTRAL BANK ENHANCES ITS BALANCED MONETARY" Quote: "The Central Bank of Iraq announced the decision of its board of directors to increase its capital to 5 trillion dinars, an increase of 40% over its previous capital of 3 trillion dinars. 2 trillion dinars." we can clearly see that the devaluation of dinar to rebuild the CBI reserves was a strategic move and included in the strategy of the White Paper. Now no one can say there is not Stability and Security...
5-25-2022 Intel Guru MarkZ [via PDK] [Mark, what is your thought that it could go as an RI first then the next day or shortly after it goes to the RV?] I don’t think so…. I think they would have to float it if they did something around those lines. With the move to Basel banking … I believe they limit swings in currency to 20% a year…so I would assume if they go with the NEER rate –it could go from $1.60 to about $1.92 in the first year…then the next year it could possibly go to $2.40…ect…this makes the most sense to me…
5-25-2022 Newshound Guru Pimpy This man is about to make a power move...tactics that...made me chuckle...because it's his way of sticking up the middle finger to...those who are supporting Iran... Article " Iraq : Sadr bets on keeping PM Kadhimi and using political limbo to edge out rival" This is the Prime Minister Sadr wants...you see what he's doing. 'Fine, if they don't want to go into parliament and vote on the president and the Prime Minister, no problem, we'll just keep the ones that are there.' Which is the ones they want in there anyways...
5-25-2022 Newshound Guru Kaperoni Oil prices have nothing to do with the price of the dinar, the price of the dinar is based on the amount of currency in circulation and GDP. Iraq currently has over 100 trillion dinar in circulation.
5-25-2022 Intel Guru Bruce [via WiserNow] ...We had 2 very high up - as high as you can get – in the Treasury – ok – and the person helping him – to get this blessing out to us said that – he really did not see anything else that would be in the way for us to start... ...we should prepare for any time this week all the way up to the first couple days of June...
5-25-2022 Newshound Guru Samson Article: "Finance Minister: Cash reserves will reach more than 90 billion dollars by the end of 2022". Quote: "Iraq is approaching a record cash reserve..."
5-25-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iraq made more off auctions last week. A good sign to the strength of the dinar. Oil and Gas Law being presented this week... FRANK: Many of the instruments used to give you purchasing power are being shown to you. The very last things will be a new exchange rate and the new small category notes...the are also showing you the HCL...money is pouring into your country and then will pour into your hands.
5-25-2022 Intel Guru MarkZ [via PDK] Very quiet on the RV front overnight. Bankers seem to be in a holding pattern. It is painfully quiet... I think we are just waiting for a “trigger” event...[Do you think we still could go in the month of May?] I still do believe that...
5-25-2022 Newshound Guru Godlover Would they use the food security law & budget for the retirement & SS law? Time will tell. I am still hopeful they bypass the "filler" (temporary) food security law & just focus on implementing the 2022 budget after the completion & announcement of the new government. [Post 2 of 2]
5-25-2022 Newshound Guru Godlover Article: "Parliamentary movement to pass the retirement and social security law" Now this is an interesting article. One would think that the 2022 budget would be needed for the retirement & SS laws to be implemented. With that said, we know from numerous articles that the food security law has a budget with it (hence "synonymous" with the general budget). [Post 1 of 2....stay tuned]
5-25-2022 Newshound/Intel Guru Mnt Goat I am getting information both from Iraq and from the US Treasury indicating that the formation of the new government is close at hand and will be announced soon. The rate of the dinar in the system is now over $6 however I am having a difficult time grasping my arms around this rate. I can not believe they would actually start at this rate. It...will probably come out at around $3+ or maybe low $4. But this is just my observance of studying this situation for over 17 years now.
5-25-2022 Newshound Guru Pimpy This man is about to make a power move...tactics that...made me chuckle...because it's his way of sticking up the middle finger to...those who are supporting Iran... Article " Iraq : Sadr bets on keeping PM Kadhimi and using political limbo to edge out rival" This is the Prime Minister Sadr wants...you see what he's doing. 'Fine, if they don't want to go into parliament and vote on the president and the Prime Minister, no problem, we'll just keep the ones that are there.' Which is the ones they want in there anyways...
5-25-2022 Newshound Guru Kaperoni Oil prices have nothing to do with the price of the dinar, the price of the dinar is based on the amount of currency in circulation and GDP. Iraq currently has over 100 trillion dinar in circulation.
5-25-2022 Intel Guru Bruce [via WiserNow] ...We had 2 very high up - as high as you can get – in the Treasury – ok – and the person helping him – to get this blessing out to us said that – he really did not see anything else that would be in the way for us to start... ...we should prepare for any time this week all the way up to the first couple days of June...
5-25-2022 Newshound Guru Samson Article: "Finance Minister: Cash reserves will reach more than 90 billion dollars by the end of 2022". Quote: "Iraq is approaching a record cash reserve..."
5-25-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iraq made more off auctions last week. A good sign to the strength of the dinar. Oil and Gas Law being presented this week... FRANK: Many of the instruments used to give you purchasing power are being shown to you. The very last things will be a new exchange rate and the new small category notes...the are also showing you the HCL...money is pouring into your country and then will pour into your hands.
5-25-2022 Intel Guru MarkZ [via PDK] Very quiet on the RV front overnight. Bankers seem to be in a holding pattern. It is painfully quiet... I think we are just waiting for a “trigger” event...[Do you think we still could go in the month of May?] I still do believe that...
5-25-2022 Newshound Guru Godlover Would they use the food security law & budget for the retirement & SS law? Time will tell. I am still hopeful they bypass the "filler" (temporary) food security law & just focus on implementing the 2022 budget after the completion & announcement of the new government. [Post 2 of 2]
5-25-2022 Newshound Guru Godlover Article: "Parliamentary movement to pass the retirement and social security law" Now this is an interesting article. One would think that the 2022 budget would be needed for the retirement & SS laws to be implemented. With that said, we know from numerous articles that the food security law has a budget with it (hence "synonymous" with the general budget). [Post 1 of 2....stay tuned]
5-25-2022 Newshound/Intel Guru Mnt Goat I am getting information both from Iraq and from the US Treasury indicating that the formation of the new government is close at hand and will be announced soon. The rate of the dinar in the system is now over $6 however I am having a difficult time grasping my arms around this rate. I can not believe they would actually start at this rate. It...will probably come out at around $3+ or maybe low $4. But this is just my observance of studying this situation for over 17 years now.
5-24-2022 Newshound Guru Clare Article: "Efforts for a “legal justification” granting Al-Kazemi’s government the authority to send the budget to Parliament" THERE IS AN OPTION TO PASS IT UNDER KAZEMI, WITHOUT THE SEATED NEW GOV...IMO Question: "I understand that it can pass with Kazemi. My question is do we still have to wait for the RV even if the budget is passed due to the fact that there is still a caretaker government?" IMO - NO...BECAUSE IT WILL ALL BE EXPOSED!... THEY WILL RELEASE ALL THEY HAVE BEEN HOLDING BACK FROM THE CITIZENS OR THEY MAY HAVE THE TIMING OF THE NEW GOV WORKED OUT WHERE IT ALL SHOWS TOGETHER...WE SHALL SEE!
5-24-2022 Intel Guru MarkZ [via PDK] [The Nominal Effective Exchange Rate was last said to be about $1.60 per each USD…] Yes Iraq has already addressed this NEER rate….their expectations if it is to go as a nominal effective exchange rate is around $1.60. They have talked about this in their own news, in the banks and government... I still hear it will go at an Re-instatement at a minimum of the mid $3 range…
5-24-2022 Newshound Guru Pimpy Article: "For the seventh consecutive day...Iraq without deaths from the Corona virus" We all know that's good news because it allows them to open up everything and get back to business as usual, as quickly as possible until...
5-24-2022 Newshound Guru Breitling People want to pull their money out now and I understand that but when they start adding value to the currency...how fast can we pull it out? What's the limit per day? ...they're still there. They're still good. And they're still 100% insured. [Post 2 of 2]
5-24-2022 Newshound Guru Breitling Question: "Any word anything happening with Warka [Bank in Iraq]?" All the banks in Iraq are in the exact same position and all their currency is guaranteed by the CBI...the money is still there and it's still backed up. We just got to wait it out...I have a ton of money in Warka so I'm in the same boat. We just have to wait it out and see how these guys open up the doors. [Post 1 of 2....stay tuned]
5-24-2022 Newshound Guru Militiaman So many things that are now working in parallels from taxes, tariffs at borders, the arrests for the corrupt, the pressures from the UN and even...by an International Justice Minister arriving of late. The world is watching and helping all they can along the way...It is looking to be about that time where they put the exchange rate into gear. [Post 2 of 2]
5-24-2022 Newshound Guru Militiaman Article: "Al-Ghazi: Establishing welcome yards at border crossings contributes to simplifying procedures and reducing corruption" To get to a market economy, there will need to be compliance with the IMFs Article VIII. Lets not forget that the WTO is in the wings, as well...The UST has this week again noted that there is to be 137 countries that will be applying 15%+- Taxation and all will be digitally applied... Bye bye corruption. [Post 1 of 2]
5-24-2022 Intel Guru MarkZ [via PDK] ...this could be a possible big weekend…it’s a 3 day weekend with Memorial day. The goal was always to release it on a 3 day weekend. We are in a great spot...
5-24-2022 Intel Guru Frank26 Not only the government ATM machines but the private banks of Iraq ATM machines and they also will be talking about the ATMs that are owned abroad around the world internationally ...Why is the CBI going to discuss what they have accomplished with these ATMs not only inside of Iraq but also the ones that are all over the world international in private banks? (Remember the private satellite banks? Good.)... they are talking about the new small category notes. [Post 2 of 2]
5-24-2022 Intel Guru Frank26 IMO there will be two meetings. This will be the CBI, the government of Iraq - Kazemi, Minister of Finance, Minister of Planning, they're going to bring in members of parliament. IMHO on what they are going to be talking about Tuesday and Wednesday and eventually tell you (or not tell you but tell the citizens and you'll get it indirectly from FIREFLY boots on the ground report.) it will be a review/discuss the ATM machines in Iraq. [Post 1 of 2....stay tuned]
5-24-2022 Newshound/Intel Guru Mnt Goat ...Like no time before we are very, very close to the reinstatement. I have proof that the reinstatement was planned for January but was delayed due to security issues that I can not talk about... But now it is May already and I am hearing that all the preparations are in place and the IMF and the US Treasury are just waiting for the final push to do it...
5-24-2022 Newshound/Intel Guru RVAlready Hopefully we keep rolling forward... Hopefully, this is over by the end of May.
5-24-2022 Intel Guru MarkZ [via PDK] [The Nominal Effective Exchange Rate was last said to be about $1.60 per each USD…] Yes Iraq has already addressed this NEER rate….their expectations if it is to go as a nominal effective exchange rate is around $1.60. They have talked about this in their own news, in the banks and government... I still hear it will go at an Re-instatement at a minimum of the mid $3 range…
5-24-2022 Newshound Guru Pimpy Article: "For the seventh consecutive day...Iraq without deaths from the Corona virus" We all know that's good news because it allows them to open up everything and get back to business as usual, as quickly as possible until...
5-24-2022 Newshound Guru Breitling People want to pull their money out now and I understand that but when they start adding value to the currency...how fast can we pull it out? What's the limit per day? ...they're still there. They're still good. And they're still 100% insured. [Post 2 of 2]
5-24-2022 Newshound Guru Breitling Question: "Any word anything happening with Warka [Bank in Iraq]?" All the banks in Iraq are in the exact same position and all their currency is guaranteed by the CBI...the money is still there and it's still backed up. We just got to wait it out...I have a ton of money in Warka so I'm in the same boat. We just have to wait it out and see how these guys open up the doors. [Post 1 of 2....stay tuned]
5-24-2022 Newshound Guru Militiaman So many things that are now working in parallels from taxes, tariffs at borders, the arrests for the corrupt, the pressures from the UN and even...by an International Justice Minister arriving of late. The world is watching and helping all they can along the way...It is looking to be about that time where they put the exchange rate into gear. [Post 2 of 2]
5-24-2022 Newshound Guru Militiaman Article: "Al-Ghazi: Establishing welcome yards at border crossings contributes to simplifying procedures and reducing corruption" To get to a market economy, there will need to be compliance with the IMFs Article VIII. Lets not forget that the WTO is in the wings, as well...The UST has this week again noted that there is to be 137 countries that will be applying 15%+- Taxation and all will be digitally applied... Bye bye corruption. [Post 1 of 2]
5-24-2022 Intel Guru MarkZ [via PDK] ...this could be a possible big weekend…it’s a 3 day weekend with Memorial day. The goal was always to release it on a 3 day weekend. We are in a great spot...
5-24-2022 Intel Guru Frank26 Not only the government ATM machines but the private banks of Iraq ATM machines and they also will be talking about the ATMs that are owned abroad around the world internationally ...Why is the CBI going to discuss what they have accomplished with these ATMs not only inside of Iraq but also the ones that are all over the world international in private banks? (Remember the private satellite banks? Good.)... they are talking about the new small category notes. [Post 2 of 2]
5-24-2022 Intel Guru Frank26 IMO there will be two meetings. This will be the CBI, the government of Iraq - Kazemi, Minister of Finance, Minister of Planning, they're going to bring in members of parliament. IMHO on what they are going to be talking about Tuesday and Wednesday and eventually tell you (or not tell you but tell the citizens and you'll get it indirectly from FIREFLY boots on the ground report.) it will be a review/discuss the ATM machines in Iraq. [Post 1 of 2....stay tuned]
5-24-2022 Newshound/Intel Guru Mnt Goat ...Like no time before we are very, very close to the reinstatement. I have proof that the reinstatement was planned for January but was delayed due to security issues that I can not talk about... But now it is May already and I am hearing that all the preparations are in place and the IMF and the US Treasury are just waiting for the final push to do it...
5-24-2022 Newshound/Intel Guru RVAlready Hopefully we keep rolling forward... Hopefully, this is over by the end of May.
5-23-2022 Intel Guru MarkZ [via PDK] There has been more conversations out of Iraq today on how they are needing to move forward with the revaluation of their currency. ...I am looking for any moment now. I really think this is our week or two and could happen at any moment.
5-23-2022 Newshound Guru Kaperoni The IMF has already made it very clear that they want Iraq to build a private sector and diverse economy away from oil allowing the currency to gradually appreciate over time...I think there are two opinions on monetary policy in Iraq. One of which relies on the economic growth and success of Iraq. Then the other one being just an alternative status quo. [Post 2 of 2]
5-23-2022 Newshound Guru Kaperoni ...Guru Breitling thinks that if you believe Iraq is going to LOP you should not be in this investment. That's... smart...for the past 10 months or so the symposiums in Iraq have been educating the citizens about a currency exchange/LOP...it does not necessarily mean that is what is going to occur. In order for them to do a currency exchange, the CBI, IMF and parliament would have to approve such an event. [Post 1 of 2....stay tuned]
5-23-2022 Newshound Guru Sandy Ingram Article: "Iraq surpasses Saudi Arabia in oil exports to America" Quote: "U.S. Energy Information Administration 'Iraq's oil exports to the United States reached an average of 326,000 barrels per day last week" This is excellent news for Iraq...
5-23-2022 Newshound Guru Pimpy Article: "About a billion dollars in bank sales in a week" Nice. This is the auctions that they're talking about. They could just add that much more to the reserves. The auctions - what happens is...the oil is sold in petrol dollars (United States dollars)...then the oil company takes those dollars and gives them to the banks, the banks then auction them off to other countries who pay in their own currency, then Iraq Central Bank takes money from those sales and adds it to the reserves. The stronger the reserve the more they can secure their own economic strength as well as strengthening the Iraqi dinar...
5-23-2022 Intel Guru MarkZ [via PDK] We are waiting to hear more from Iraq. Contacts are watching all fronts…They need to revalue to get political and economic stability. Iraq has already met all the requirements for the IMF. They are also prepared and ready. They need to revalue their currency. Conversations over there believe it will still be in the month of May. So this month is still what they are pushing for.
5-23-2022 Newshound Guru Clare Article: "Increasing the capital of the central bank enhances its balanced monetary policy" Quote: "The Central Bank of Iraq announced the decision of its board of directors to increase its capital to 5 trillion dinars, an increase of 40% over its previous capital of 3 trillion dinars. 2 trillion dinars"
5-23-2022 Newshound Guru MilitiaMan The good report from the IMF, the Global Taxation agreements with 137 countries per the UST, the Iraq border automation for payments and settlements at the ports, borders customs, etc., the AYSCUDA system and the BUNA platforms all ready to go for cross border clearing of currency, thus, we can combine all that with an new exchange rate and the citizens will get what they are waiting for, the HCL. Their share of the wealth and rightfully so they should! imo... the 1/12th payments to run the country has not been implemented, thus, this next few days on the EFL and 2022 budget both being about finance are key... Lets see what they do... [post 2 of 2]
5-23-2022 Newshound Guru MilitiaMan The next Parliament sessions this next week look to be packed with importance...The Oil and Gas Law is on the table...The Emergency Food and Security Law is slated for a second reading come Wednesday and in that week following for a vote... With having an agreement politically to remove the blockage and that the financial side of things are completed, as noted by the recent Mission Accomplished between the CBI and the World Bank... [post 1 of 2....stay tuned]
5-23-2022 Newshound Guru Kaperoni The IMF has already made it very clear that they want Iraq to build a private sector and diverse economy away from oil allowing the currency to gradually appreciate over time...I think there are two opinions on monetary policy in Iraq. One of which relies on the economic growth and success of Iraq. Then the other one being just an alternative status quo. [Post 2 of 2]
5-23-2022 Newshound Guru Kaperoni ...Guru Breitling thinks that if you believe Iraq is going to LOP you should not be in this investment. That's... smart...for the past 10 months or so the symposiums in Iraq have been educating the citizens about a currency exchange/LOP...it does not necessarily mean that is what is going to occur. In order for them to do a currency exchange, the CBI, IMF and parliament would have to approve such an event. [Post 1 of 2....stay tuned]
5-23-2022 Newshound Guru Sandy Ingram Article: "Iraq surpasses Saudi Arabia in oil exports to America" Quote: "U.S. Energy Information Administration 'Iraq's oil exports to the United States reached an average of 326,000 barrels per day last week" This is excellent news for Iraq...
5-23-2022 Newshound Guru Pimpy Article: "About a billion dollars in bank sales in a week" Nice. This is the auctions that they're talking about. They could just add that much more to the reserves. The auctions - what happens is...the oil is sold in petrol dollars (United States dollars)...then the oil company takes those dollars and gives them to the banks, the banks then auction them off to other countries who pay in their own currency, then Iraq Central Bank takes money from those sales and adds it to the reserves. The stronger the reserve the more they can secure their own economic strength as well as strengthening the Iraqi dinar...
5-23-2022 Intel Guru MarkZ [via PDK] We are waiting to hear more from Iraq. Contacts are watching all fronts…They need to revalue to get political and economic stability. Iraq has already met all the requirements for the IMF. They are also prepared and ready. They need to revalue their currency. Conversations over there believe it will still be in the month of May. So this month is still what they are pushing for.
5-23-2022 Newshound Guru Clare Article: "Increasing the capital of the central bank enhances its balanced monetary policy" Quote: "The Central Bank of Iraq announced the decision of its board of directors to increase its capital to 5 trillion dinars, an increase of 40% over its previous capital of 3 trillion dinars. 2 trillion dinars"
5-23-2022 Newshound Guru MilitiaMan The good report from the IMF, the Global Taxation agreements with 137 countries per the UST, the Iraq border automation for payments and settlements at the ports, borders customs, etc., the AYSCUDA system and the BUNA platforms all ready to go for cross border clearing of currency, thus, we can combine all that with an new exchange rate and the citizens will get what they are waiting for, the HCL. Their share of the wealth and rightfully so they should! imo... the 1/12th payments to run the country has not been implemented, thus, this next few days on the EFL and 2022 budget both being about finance are key... Lets see what they do... [post 2 of 2]
5-23-2022 Newshound Guru MilitiaMan The next Parliament sessions this next week look to be packed with importance...The Oil and Gas Law is on the table...The Emergency Food and Security Law is slated for a second reading come Wednesday and in that week following for a vote... With having an agreement politically to remove the blockage and that the financial side of things are completed, as noted by the recent Mission Accomplished between the CBI and the World Bank... [post 1 of 2....stay tuned]
5-22-2022 Newshound Guru Pimpy Yes, I already heard the rumors that somewhere in the 2022 budget the rate change is supposed to happen. There's no indication of that at all. None. A lot of people have been asking me and I said hold tight because I thought well let's go see. Did they say anything about it? There's nothing out there at all that gives us any kind of indication that the budget has included any type of rate change of the dinar. That doesn't mean it's not there. What I'm saying is there's no proof of it...
5-22-2022 Newshound Guru Breitling The Iraqi currency is a real currency. It's not a scam....there is opportunity here...You have your dinar and you protect it tax wise at all cost. That's your guarantee. [Note: Speak to your tax professionals at the appropriate time to create the best tax strategy right for your unique circumstances.]
5-22-2022 Newshound/Intel Guru RVAlready Well, it looks like progress is finally being made on the political impasse in Iraq. I hope this leads to a government and an RV soon. Seems the IMF and WB in Iraq last week made it clear that the world is tired of waiting for the RV, and Iraq needs to make progress quickly.
5-22-2022 Newshound Guru Kaperoni A country's currency value is not a random act. A country's currency value is determined by GDP, the amount of currency in circulation, the success of a country's economy as well as the type of exchange rate regime such as a float, basket, etc that it's in. Nothing is random.
5-22-2022 Intel Guru MarkZ [Guru] Nader of the middle east...mentioned ...that the recent audit by the IMF stating how things are financially fantastic over there, but they need to take care of their less advantaged citizens and that they need to increase their rates. He also talked about how soon it should be. That was a discussion in Iraq yesterday...in their mainstream news they are saying now that they have balanced their books and paid all their debts it is time to change that value…soon.
5-22-2022 Newshound Guru Sandy Ingram Article: "OPEC increases Iraq's oil quota" This will allow Iraq's oil revenues to increase even more. OPEC has reportedly agreed to increase Iraq's oil production to 4.5 million barrels per day in June of 2022.
5-22-2022 Newshound Guru MilitiaMan Article " Khazali reveals that al-Sadr accepted deputies from al-Maliki's coalition to form a government and urges him to take an order" We will be watching closely from here on out...They have pressure on all fronts now from the looks of it politically. As for the finance side of things the CBI, IMF and World Bank have had good reports and finished missions. I see this all coming to a head now. They all know that if they don't act they will not survive...follow the money... Leaks suggests there is about 12 billion to watch...IMO.
5-22-2022 Newshound Guru Breitling The Iraqi currency is a real currency. It's not a scam....there is opportunity here...You have your dinar and you protect it tax wise at all cost. That's your guarantee. [Note: Speak to your tax professionals at the appropriate time to create the best tax strategy right for your unique circumstances.]
5-22-2022 Newshound/Intel Guru RVAlready Well, it looks like progress is finally being made on the political impasse in Iraq. I hope this leads to a government and an RV soon. Seems the IMF and WB in Iraq last week made it clear that the world is tired of waiting for the RV, and Iraq needs to make progress quickly.
5-22-2022 Newshound Guru Kaperoni A country's currency value is not a random act. A country's currency value is determined by GDP, the amount of currency in circulation, the success of a country's economy as well as the type of exchange rate regime such as a float, basket, etc that it's in. Nothing is random.
5-22-2022 Intel Guru MarkZ [Guru] Nader of the middle east...mentioned ...that the recent audit by the IMF stating how things are financially fantastic over there, but they need to take care of their less advantaged citizens and that they need to increase their rates. He also talked about how soon it should be. That was a discussion in Iraq yesterday...in their mainstream news they are saying now that they have balanced their books and paid all their debts it is time to change that value…soon.
5-22-2022 Newshound Guru Sandy Ingram Article: "OPEC increases Iraq's oil quota" This will allow Iraq's oil revenues to increase even more. OPEC has reportedly agreed to increase Iraq's oil production to 4.5 million barrels per day in June of 2022.
5-22-2022 Newshound Guru MilitiaMan Article " Khazali reveals that al-Sadr accepted deputies from al-Maliki's coalition to form a government and urges him to take an order" We will be watching closely from here on out...They have pressure on all fronts now from the looks of it politically. As for the finance side of things the CBI, IMF and World Bank have had good reports and finished missions. I see this all coming to a head now. They all know that if they don't act they will not survive...follow the money... Leaks suggests there is about 12 billion to watch...IMO.
5-21-2022 Intel Guru MarkZ [via PDK] [Can this drag out for months, maybe years Mark?] I don’t think it could drag out that long. Certainly not years…could it drag out another month or two…yes, possibly…but I don’t see that happening...I think...we are within days…possibly weeks of it happening.
5-21-2022 Newshound Guru Kaperoni Question "...If Oil does continue to sky rocket, does this change anything at all for Iraq or us? It could be a quick way for Iraq to get away from the US dollar and convert their currency" The key for Iraq to add value to their currency is economic diversity and growth...The dollar will always be dominant in Iraq . Especially with oil being the 95% of their revenue.
5-21-2022 Newshound Guru Breitling ...Iraq is going to add value to the currency. And guess what, They're backing it up with the US dollar...If you believe the dinar is going to LOP, there's no reason for you to be in this investment...
5-21-2022 Guru Nader From The Mid East Article quote: "In light of the currency financial abundance, it is unlikely to resort to borrowing...Iraq has begun to feel the positive effect of changing the dollar exchange..." He's talking about the exchange rate. I'm very excited. We're getting there...the CEO of the CBI. When he said something usually works. How long? I don't know. It could be this week, next week, can be two months from now...there's not dates there but it show us they're working on it and I'm very excited. It's a lot of pressure over here...we're putting a lot of pressure on everybody so things are gonna get a little quicker and better...
5-21-2022 Newshound Guru Pimpy Quote: "oil output is projected to reach pre-pandemic levels and bring overall real GDP growth to 10%..." That number keeps going up and up! It was 6.8, then it was like 8 point something and now they're saying 10%...if they manage to get any real GDP growth this year without a government or...budget it's going to be pretty amazing... Quote: "current account balances are projected to post double-digit surpluses in % of GDP." That is awesome. Surplus means they are definitely under budget... [Post 2 of 2]
5-21-2022 Newshound Guru Pimpy Article: "IMF Staff Concludes Staff Visit to Iraq" For people who are invested into the dinar this is the type of thing that we want to see... Quote: "real non-oil GDP rebounded by an estimated 20% and is poised to expand by around 5% this year..." That's exactly what we want to see - expand the non-oil GDP. Remember the budget relies way too much on oil revenue... [Post 1 of 2....stay tuned]
5-21-2022 Intel Guru MarkZ [via PDK] More news from inside Iraq… They are...discussing oil revenues and the abundance coming from it. They also discussed the IMF audits and the need to go ahead (in the very near future) and increase the value of the Iraqi Dinar. I thought this was great news.
5-21-2022 Newshound Guru Clare Article: "Iraq achieves a financial surplus of more than 11.4 trillion dinars in the first quarter of 2022"
5-21-2022 Newshound Guru Kaperoni Question "...If Oil does continue to sky rocket, does this change anything at all for Iraq or us? It could be a quick way for Iraq to get away from the US dollar and convert their currency" The key for Iraq to add value to their currency is economic diversity and growth...The dollar will always be dominant in Iraq . Especially with oil being the 95% of their revenue.
5-21-2022 Newshound Guru Breitling ...Iraq is going to add value to the currency. And guess what, They're backing it up with the US dollar...If you believe the dinar is going to LOP, there's no reason for you to be in this investment...
5-21-2022 Guru Nader From The Mid East Article quote: "In light of the currency financial abundance, it is unlikely to resort to borrowing...Iraq has begun to feel the positive effect of changing the dollar exchange..." He's talking about the exchange rate. I'm very excited. We're getting there...the CEO of the CBI. When he said something usually works. How long? I don't know. It could be this week, next week, can be two months from now...there's not dates there but it show us they're working on it and I'm very excited. It's a lot of pressure over here...we're putting a lot of pressure on everybody so things are gonna get a little quicker and better...
5-21-2022 Newshound Guru Pimpy Quote: "oil output is projected to reach pre-pandemic levels and bring overall real GDP growth to 10%..." That number keeps going up and up! It was 6.8, then it was like 8 point something and now they're saying 10%...if they manage to get any real GDP growth this year without a government or...budget it's going to be pretty amazing... Quote: "current account balances are projected to post double-digit surpluses in % of GDP." That is awesome. Surplus means they are definitely under budget... [Post 2 of 2]
5-21-2022 Newshound Guru Pimpy Article: "IMF Staff Concludes Staff Visit to Iraq" For people who are invested into the dinar this is the type of thing that we want to see... Quote: "real non-oil GDP rebounded by an estimated 20% and is poised to expand by around 5% this year..." That's exactly what we want to see - expand the non-oil GDP. Remember the budget relies way too much on oil revenue... [Post 1 of 2....stay tuned]
5-21-2022 Intel Guru MarkZ [via PDK] More news from inside Iraq… They are...discussing oil revenues and the abundance coming from it. They also discussed the IMF audits and the need to go ahead (in the very near future) and increase the value of the Iraqi Dinar. I thought this was great news.
5-21-2022 Newshound Guru Clare Article: "Iraq achieves a financial surplus of more than 11.4 trillion dinars in the first quarter of 2022"
5-20-2022 Newshound Guru Militiaman Article: "Al-Ghazi: Establishing welcome yards at border crossings contributes to simplifying procedures and reducing corruption" They have been working on this for some time and are in the advance stages now, imo. Likely to be a key factor now in the implementation of a new exchange rate to come from the CBI.
5-20-2022 Newshound Guru Godlover Article: "Several scenarios in front of Iraq in light of the continuation of the government complex" This is not a scenario I wish to see take place because then it would very likely be a long process. As well, this is where the food security law comes into play, to give their citizens immediate relief until they can get a new seated government & then work on the 2022 budget.
5-20-2022 Intel Guru Bruce [via WiserNow] ...information out of Canada – One of their major banks has given us information that suggests that they are waiting in Canada at their redemption centers for an email Saturday morning that would indicate that they could bring in their staff and have set appointments possibly for exchanges to start as early as this weekend which could be Saturday afternoon/evening or Sunday. Now we don't have that here in the so called lower 48 states - we don't have that yet - but...I don't see Canada going ahead of us or behind us - I think we'll all start at the same time - It's just interesting that the information they got today is pointing towards Saturday - for their notifications to the redemption centers...
5-20-2022 Newshound Guru Clare Article: "The Governor of the Central Bank of Iraq participates in the closing meeting of the World Bank mission" Quote: "...to enhance support for the Iraqi financial sector reforms program... at the head of a high-level delegation from the Central Bank and representatives of the Ministry of Finance...It was agreed to continue joint cooperation between the above-mentioned entities to increase financial depth..." BOOM!!!! (thumbs up)...THEY ARE WRAPPING IT UP...NOT MUCH LONGER TO WAIT!...IMO...
5-20-2022 Guru Nader From The Mid East Small denominations - they're removing the zeros but they didn't show us nothing yet. Nothing is in the street. Nothing. We didn't see nothing on TV. Nothing in the banks. Nothing. They keep talking about about it. Even the bankers I kept talking about they kept saying stuff about it but we don't know...things are moving in the right direction but still a lot to do...
5-20-2022 Intel Guru MarkZ [via PDK] We are hearing fantastic things…
I am hearing very solid that we are in the final days. ...as of Friday Morning…my redemption center contacts in 3 different centers are expecting to work this weekend. I am hearing from a number of sources that this afternoon is going to be magical. I am going to stay grounded because we have been here before and it has not materialized…. I suggest you all do the same...It really does appear we are in the final days.
5-20-2022 Intel Guru BobTheTaxMan Question: "Any word anything happening with Warka [Bank in Iraq]?" ...I've chased them down and saw them so they're still there. They're still functioning. They're working with the CBI to get some things straightened around. They haven't gone anywhere.
5-20-2022 Newshound Guru Breitling Question: "All this political stuff going on trying to establish the government...Do you think it has any correlation with them raising the value?" There's probably 3 or 4 sides, they're all in agreement - They want to add value to the currency...how they're treating banks, the laws that they're passing and all that stuff none of it's being blocked. I can't think of one Iraqi that doesn't want to add value to the currency...They don't need a government to add value to the currency...
5-20-2022 Intel Guru MarkZ [via PDK] I am hearing from 2 Reno sources that...[Friday] afternoon around 4 or 5 Reno times could be the release. Other sources are simply hearing we are very close...Redemption Center folks continue to be told this weekend is finally it and they will be working….
5-20-2022 Newshound/Intel Guru Mnt Goat ...we know now that this blessing upon us is just around the corner...I personally do not see us getting out of this year 2022 without the reinstatement.
5-20-2022 Newshound Guru Godlover Article: "Several scenarios in front of Iraq in light of the continuation of the government complex" This is not a scenario I wish to see take place because then it would very likely be a long process. As well, this is where the food security law comes into play, to give their citizens immediate relief until they can get a new seated government & then work on the 2022 budget.
5-20-2022 Intel Guru Bruce [via WiserNow] ...information out of Canada – One of their major banks has given us information that suggests that they are waiting in Canada at their redemption centers for an email Saturday morning that would indicate that they could bring in their staff and have set appointments possibly for exchanges to start as early as this weekend which could be Saturday afternoon/evening or Sunday. Now we don't have that here in the so called lower 48 states - we don't have that yet - but...I don't see Canada going ahead of us or behind us - I think we'll all start at the same time - It's just interesting that the information they got today is pointing towards Saturday - for their notifications to the redemption centers...
5-20-2022 Newshound Guru Clare Article: "The Governor of the Central Bank of Iraq participates in the closing meeting of the World Bank mission" Quote: "...to enhance support for the Iraqi financial sector reforms program... at the head of a high-level delegation from the Central Bank and representatives of the Ministry of Finance...It was agreed to continue joint cooperation between the above-mentioned entities to increase financial depth..." BOOM!!!! (thumbs up)...THEY ARE WRAPPING IT UP...NOT MUCH LONGER TO WAIT!...IMO...
5-20-2022 Guru Nader From The Mid East Small denominations - they're removing the zeros but they didn't show us nothing yet. Nothing is in the street. Nothing. We didn't see nothing on TV. Nothing in the banks. Nothing. They keep talking about about it. Even the bankers I kept talking about they kept saying stuff about it but we don't know...things are moving in the right direction but still a lot to do...
5-20-2022 Intel Guru MarkZ [via PDK] We are hearing fantastic things…
I am hearing very solid that we are in the final days. ...as of Friday Morning…my redemption center contacts in 3 different centers are expecting to work this weekend. I am hearing from a number of sources that this afternoon is going to be magical. I am going to stay grounded because we have been here before and it has not materialized…. I suggest you all do the same...It really does appear we are in the final days.
5-20-2022 Intel Guru BobTheTaxMan Question: "Any word anything happening with Warka [Bank in Iraq]?" ...I've chased them down and saw them so they're still there. They're still functioning. They're working with the CBI to get some things straightened around. They haven't gone anywhere.
5-20-2022 Newshound Guru Breitling Question: "All this political stuff going on trying to establish the government...Do you think it has any correlation with them raising the value?" There's probably 3 or 4 sides, they're all in agreement - They want to add value to the currency...how they're treating banks, the laws that they're passing and all that stuff none of it's being blocked. I can't think of one Iraqi that doesn't want to add value to the currency...They don't need a government to add value to the currency...
5-20-2022 Intel Guru MarkZ [via PDK] I am hearing from 2 Reno sources that...[Friday] afternoon around 4 or 5 Reno times could be the release. Other sources are simply hearing we are very close...Redemption Center folks continue to be told this weekend is finally it and they will be working….
5-20-2022 Newshound/Intel Guru Mnt Goat ...we know now that this blessing upon us is just around the corner...I personally do not see us getting out of this year 2022 without the reinstatement.
5-19-2022 Newshound Guru MilitiaMan Establishing the border crossing with an automated system with e-governance is key to getting the private sector on a level playing field. The General Authority for Taxes is in line for completion of the needed automation as well. They...are in the advance stages now, imo. Likely to be a key factor now in the implementation of a new exchange rate to come from the CBI. To get to a market economy, there will need to be compliance with the IMFs Article VIII. Lets not forget that the WTO is in the wings, as well...It is looking to be about that time where they put the exchange rate into gear... imo
5-19-2022 Intel Guru MarkZ [via PDK] Article: “IMF Staff Concludes Staff Visit to Iraq” This is breaking news. It was in a number of news papers and publications. The short version is Iraq is doing exceptional things …Their economy is strong because of oil prices, but they still need to provide food, medicine and security for the poor. I think it’s a push to say Hey-you guys got everything right so now you can take care of that last piece.(RV) ...hopefully this IMF visit was one of the last steps before this release.
5-19-2022 Newshound Guru Godlover ...We await a new government seating or the current government officially announced & then we can see what happens with the 2022 budget. Currently they are on the 1/12 system from the previous years budget & if the FSL [Food Security law ] is passed, it too will be based off of the previous budget & the surplus from high fuel prices, etc. God willing the new government & 2022 budget will happen soon & I pray that we see what we all seek within the 2022 budget.
5-19-2022 Newshound Guru Sandy Ingram Article: "Iraq faces vital services crisis without budget as politically rivals bicker" We have seen major accomplishments in the past couple months however the country appears to be at the end of the road...Iran-backed supporters are not comfortable with the election results...our interest is in Iraq's finance, the Iraqi dinar exchange rate and the progress the country is making towards financial resolution for the currency yet we cannot ignore the fact that much of the finances, if not all of it, is controlled by who is in office...
5-19-2022 Intel Guru MarkZ [via PDK] Many articles out today about the first draft of the Food Security law was voted on and passed…the second has still not happened but being discussed. An interesting view from Nader in the middle east [reference Nader's post 5-19-22] – he does not believe in any way that the rate is in the Food Security bill… I...have one contact in the middle east who told me that no...the rate is not in the Food Security bill...I am waiting to hear back from a couple other sources on this topic to see if I can get something solid. We need to stay grounded on what is realistic and what is just hopium.
5-19-2022 Guru Nader From The Mid East They read the first and the second text before tonight to finish the third text [of the Food Security Law]. That's good news. But...I don't know why they keep saying they got something to do with the exchange rate. This has nothing to do with the exchange rate. We don't even know if it [the new rate] is in the budget. That is the truth. I don't even know what's in the budget. No body knows. They keep saying It's in the budget, yeah, I'm sure something is in the budget but we don't know what it is.
5-19-2022 Newshound Guru Adam Montana ...The fundamentals that first got me into the Dinar are still there, and in fact, they are stronger than they were when I first got in. I'm sticking this one out. GO RRRRVVVVV!!!
5-19-2022 Intel Guru MarkZ [via PDK] Article: “IMF Staff Concludes Staff Visit to Iraq” This is breaking news. It was in a number of news papers and publications. The short version is Iraq is doing exceptional things …Their economy is strong because of oil prices, but they still need to provide food, medicine and security for the poor. I think it’s a push to say Hey-you guys got everything right so now you can take care of that last piece.(RV) ...hopefully this IMF visit was one of the last steps before this release.
5-19-2022 Newshound Guru Godlover ...We await a new government seating or the current government officially announced & then we can see what happens with the 2022 budget. Currently they are on the 1/12 system from the previous years budget & if the FSL [Food Security law ] is passed, it too will be based off of the previous budget & the surplus from high fuel prices, etc. God willing the new government & 2022 budget will happen soon & I pray that we see what we all seek within the 2022 budget.
5-19-2022 Newshound Guru Sandy Ingram Article: "Iraq faces vital services crisis without budget as politically rivals bicker" We have seen major accomplishments in the past couple months however the country appears to be at the end of the road...Iran-backed supporters are not comfortable with the election results...our interest is in Iraq's finance, the Iraqi dinar exchange rate and the progress the country is making towards financial resolution for the currency yet we cannot ignore the fact that much of the finances, if not all of it, is controlled by who is in office...
5-19-2022 Intel Guru MarkZ [via PDK] Many articles out today about the first draft of the Food Security law was voted on and passed…the second has still not happened but being discussed. An interesting view from Nader in the middle east [reference Nader's post 5-19-22] – he does not believe in any way that the rate is in the Food Security bill… I...have one contact in the middle east who told me that no...the rate is not in the Food Security bill...I am waiting to hear back from a couple other sources on this topic to see if I can get something solid. We need to stay grounded on what is realistic and what is just hopium.
5-19-2022 Guru Nader From The Mid East They read the first and the second text before tonight to finish the third text [of the Food Security Law]. That's good news. But...I don't know why they keep saying they got something to do with the exchange rate. This has nothing to do with the exchange rate. We don't even know if it [the new rate] is in the budget. That is the truth. I don't even know what's in the budget. No body knows. They keep saying It's in the budget, yeah, I'm sure something is in the budget but we don't know what it is.
5-19-2022 Newshound Guru Adam Montana ...The fundamentals that first got me into the Dinar are still there, and in fact, they are stronger than they were when I first got in. I'm sticking this one out. GO RRRRVVVVV!!!
5-18-2022 Intel Guru Bruce [via WiserNow] I think any day this week...is going to be an important day for us – one way or another and it may be that this thing happens before Friday for us...it’s hard to get confirmation...there is a new higher level of a gag order...and they have tightened up their NDA’s for employees of the banks as well... I feel like we are moving in the direction... Let’s see what happens in the next few days...
5-18-2022 Intel Guru MarkZ [via PDK] [I heard the rate is $6 or greater...] it could be…a lot of people talk about the amount of currency in circulation…they have removed $40-$50 Trillion dinar from circulation over the last 9 months. [Why did they remove so much dinar from circulation?] Mostly it was cleaning up corruption...They have now thinned the number of dinar in circulation so they can justify a higher rate.
5-18-2022 Newshound Guru Kaperoini [some] say published news about deleting 3 zeros in Iraq is some magical riches event, it's not! It's a new currency change and neutral event LOP. We have to hope the Iraqi government continues two table such an idea and build a private sector economy allowing the currency to appreciate over time. A much better solution. [Post 2 of 2]
5-18-2022 Newshound Guru Kaperoni More than likely Iraq will do what they have been proposing and educating the citizens on which is a neutral event LOP. The other alternative is slow growth or appreciation as the economy grows...A gradual appreciation over time would also allow the central bank to manage the currency in circulation and reduce it as it appreciates in value... [Post 1 of 2....stay tuned]
5-18-2022 Newshound Guru Militiaman The sharing of the wealth with the citizens is a minimum.. imo...The pressure now has to be very heavy on those that are not supporting Sadr. Those that may be close to losing immunity, have to read the UN report to mean exactly what the world expects. Justice. Get the systems live now and allow the system to work for the citizens, the region and the world at large...Lets see if the powers at be have jumped started the process with the use of the call for urgency... [Post 2 of 2]
5-18-2022 Newshound Guru Militiaman Article: "Blackshardt to the Security Council: Popular discontent in Iraq may get out of control at any moment" A scathing report from the UN...the business side of things to go international are ready and in place...the urgency to get the state in order and to press for political will to overcome differences is the focus now...The country is well outside their constitutional boundaries politically now, imo.. The UN knows it, we know it, the citizens know it and are even in the streets wanting exactly what the UN stated tonight. [Post 1 of 2....stay tuned]
5-18-2022 Intel Guru MarkZ [via PDK] We are supposed to have a second reading of the Food Security Law at some point today. I do not have any results yet or whether they have scheduled a third reading yet. I am still being told by my contacts inside Iraq that this is one of the key pieces we need to get a new rate...hopefully we will get that news at any moment.
5-18-2022 Newshound Guru Godlover The idea for this FSL was intended to be used until the budget law is passed. This would indicate that they expect a slow process to seating a new or old government & then working to send & pass the 2022 budget. Also keep in mind that the FSL law is funded off surplus, etc from the previous years budget. The same budget they are using the month to month. [Post 2 of 2]
5-18-2022 Newshound Guru Godlover Community Comment "...article statements give the support to the NEW Food bill being presented, and we all know the Budget Law 2022 will be required at some point..." The food security law & the 2022 budget are two separate animals imo. Many articles have made it clear that the food security law is an "emergency" law. Something I personally don't think is a positive indication as far as the 2022 budget being passed anytime soon. [Post 1 of 2]
5-18-2022 Newshound Guru Pimpy This is great news of course. Article: "Iraq's Oil, Gas Production to Increase By $17 Billion In Coming Years" That's more money to Iraq, more money to the government to build more of the private sector to get them less reliant on oil to fund their budgets, give them a secured economy, strengthening up the dinar. First they got to straighten up the government...
5-18-2022 Newshound/Intel Guru Mnt Goat So, Iraq currently has two main ongoing critical sagas now taking place... The first is the elections and forming the new government...I want everyone to remember that months ago the CBI told us that the initiative to complete the currency changeover and thus later the reinstatement, was approved and just waiting for the president to be announced and then the rest of the political process to form the government to follow. The second is getting the 2022 budget.
5-18-2022 Intel Guru MarkZ [via PDK] [I heard the rate is $6 or greater...] it could be…a lot of people talk about the amount of currency in circulation…they have removed $40-$50 Trillion dinar from circulation over the last 9 months. [Why did they remove so much dinar from circulation?] Mostly it was cleaning up corruption...They have now thinned the number of dinar in circulation so they can justify a higher rate.
5-18-2022 Newshound Guru Kaperoini [some] say published news about deleting 3 zeros in Iraq is some magical riches event, it's not! It's a new currency change and neutral event LOP. We have to hope the Iraqi government continues two table such an idea and build a private sector economy allowing the currency to appreciate over time. A much better solution. [Post 2 of 2]
5-18-2022 Newshound Guru Kaperoni More than likely Iraq will do what they have been proposing and educating the citizens on which is a neutral event LOP. The other alternative is slow growth or appreciation as the economy grows...A gradual appreciation over time would also allow the central bank to manage the currency in circulation and reduce it as it appreciates in value... [Post 1 of 2....stay tuned]
5-18-2022 Newshound Guru Militiaman The sharing of the wealth with the citizens is a minimum.. imo...The pressure now has to be very heavy on those that are not supporting Sadr. Those that may be close to losing immunity, have to read the UN report to mean exactly what the world expects. Justice. Get the systems live now and allow the system to work for the citizens, the region and the world at large...Lets see if the powers at be have jumped started the process with the use of the call for urgency... [Post 2 of 2]
5-18-2022 Newshound Guru Militiaman Article: "Blackshardt to the Security Council: Popular discontent in Iraq may get out of control at any moment" A scathing report from the UN...the business side of things to go international are ready and in place...the urgency to get the state in order and to press for political will to overcome differences is the focus now...The country is well outside their constitutional boundaries politically now, imo.. The UN knows it, we know it, the citizens know it and are even in the streets wanting exactly what the UN stated tonight. [Post 1 of 2....stay tuned]
5-18-2022 Intel Guru MarkZ [via PDK] We are supposed to have a second reading of the Food Security Law at some point today. I do not have any results yet or whether they have scheduled a third reading yet. I am still being told by my contacts inside Iraq that this is one of the key pieces we need to get a new rate...hopefully we will get that news at any moment.
5-18-2022 Newshound Guru Godlover The idea for this FSL was intended to be used until the budget law is passed. This would indicate that they expect a slow process to seating a new or old government & then working to send & pass the 2022 budget. Also keep in mind that the FSL law is funded off surplus, etc from the previous years budget. The same budget they are using the month to month. [Post 2 of 2]
5-18-2022 Newshound Guru Godlover Community Comment "...article statements give the support to the NEW Food bill being presented, and we all know the Budget Law 2022 will be required at some point..." The food security law & the 2022 budget are two separate animals imo. Many articles have made it clear that the food security law is an "emergency" law. Something I personally don't think is a positive indication as far as the 2022 budget being passed anytime soon. [Post 1 of 2]
5-18-2022 Newshound Guru Pimpy This is great news of course. Article: "Iraq's Oil, Gas Production to Increase By $17 Billion In Coming Years" That's more money to Iraq, more money to the government to build more of the private sector to get them less reliant on oil to fund their budgets, give them a secured economy, strengthening up the dinar. First they got to straighten up the government...
5-18-2022 Newshound/Intel Guru Mnt Goat So, Iraq currently has two main ongoing critical sagas now taking place... The first is the elections and forming the new government...I want everyone to remember that months ago the CBI told us that the initiative to complete the currency changeover and thus later the reinstatement, was approved and just waiting for the president to be announced and then the rest of the political process to form the government to follow. The second is getting the 2022 budget.
5-17-2022 Newshound Guru Militiaman As for when it will happen is always a question in many peoples minds...The whole process is unique...We can see that by the likes of the WB, the IMF, the AMF, the G7, G20+, WTO, AYSCUDA, BUNA, CRS2, ISO20022 digital platforms and or systems, etc.. Interlinking all those entities while trying to sort a convoluted process of seating the government to have credibility is directly in the forefront today. They'll all need that to have the confidence needed for investors to have security and stability.
5-17-2022 Intel Guru MarkZ [via PDK] ...the first reading of the Food Security law has happened. They will read a bill 3 times and it is already receiving overwhelming support. The second reading is tomorrow. I do not know how quickly we will get a third reading. When the last reading is done and passed…contacts in Iraq tell me that is when we will get the new rate…This is what I am told from people that work inside Iraq and involved with the Finance Ministry. This is fantastic news...
5-17-2022 Intel Guru Sheila [via MarkZ] ...standing by for notifications and is hearing this is our week...
5-17-2022 Newshound Guru Kaperoni ...There is no exchange in Reno. The only exchanges that have talked about in Reno were scams and people lost their funds.
5-17-2022 Newshound Guru Clare Article: "The Iraqi parliament sets tomorrow, Wednesday, the first reading of the Food Security Law"
5-17-2022 Intel Guru MarkZ [via PDK] [what is the first reading of the food security law which is scheduled for tomorrow. Is that a Vote?] It could be a vote…we don’t know at this time. They are expected to read it and possibly approve it if there are no changes made. We are also hearing they are to present several candidates to set their government tomorrow. So we expect tomorrow to be a big day in Iraqi politics.
5-17-2022 Newshound Guru Pimpy Let's review again the criteria necessary to change the exchange rate. You have to have a stable government. Do we have one? No. The other one is you have to have a safe and stable country. Does Iraq have a safe and stable country? Well they're launching missiles - I'm gonna go out on a limb and say no they don't. Will all the fighting with political members and people launching missiles at one another it makes it really hard to change the exchange rate. You have to have a country outside investors feel comfortable and safe about investing into.
5-17-2022 Newshound/Intel Guru Mnt Goat ...in 2011 the plan was laid out in an article by the CBI. So far they have stuck to this plan. We have seen all the necessary banking reforms, the completion of payment of war debt to Kuwait and all the necessary ties into the international investment arena so that the dinar could be used internationally. Why would they bother to do all this if they were not going to reinstate the dinar and trade the dinar internationally? ...This reinstatement is coming as there is just too many past events that paved the way to it already to doubt...This is the perfect time for the reinstatement of the dinar.
5-17-2022 Newshound Guru Sandy Ingram Community comment "Oil has nothing to do with Iraq's revalue, float or whatever they're going to do." ...This could not be further from the truth...a county's finances has everything to do with the foreign exchange rate thus we talk about Iraq's huge oil revenue and how they are adding to their streams of income. It looks like Iraq's income is about to become even larger...
5-17-2022 Intel Guru MarkZ [via PDK] [Will there be state taxes on the RV?] I don’t believe there will be any State taxes on the RV…i may be wrong…so best to be prepared just in case. [NOTE: Always check with your tax professional at the appropriate time to determine your taxes for your unique circumstances.]
5-17-2022 Intel Guru MarkZ [via PDK] ...the first reading of the Food Security law has happened. They will read a bill 3 times and it is already receiving overwhelming support. The second reading is tomorrow. I do not know how quickly we will get a third reading. When the last reading is done and passed…contacts in Iraq tell me that is when we will get the new rate…This is what I am told from people that work inside Iraq and involved with the Finance Ministry. This is fantastic news...
5-17-2022 Intel Guru Sheila [via MarkZ] ...standing by for notifications and is hearing this is our week...
5-17-2022 Newshound Guru Kaperoni ...There is no exchange in Reno. The only exchanges that have talked about in Reno were scams and people lost their funds.
5-17-2022 Newshound Guru Clare Article: "The Iraqi parliament sets tomorrow, Wednesday, the first reading of the Food Security Law"
5-17-2022 Intel Guru MarkZ [via PDK] [what is the first reading of the food security law which is scheduled for tomorrow. Is that a Vote?] It could be a vote…we don’t know at this time. They are expected to read it and possibly approve it if there are no changes made. We are also hearing they are to present several candidates to set their government tomorrow. So we expect tomorrow to be a big day in Iraqi politics.
5-17-2022 Newshound Guru Pimpy Let's review again the criteria necessary to change the exchange rate. You have to have a stable government. Do we have one? No. The other one is you have to have a safe and stable country. Does Iraq have a safe and stable country? Well they're launching missiles - I'm gonna go out on a limb and say no they don't. Will all the fighting with political members and people launching missiles at one another it makes it really hard to change the exchange rate. You have to have a country outside investors feel comfortable and safe about investing into.
5-17-2022 Newshound/Intel Guru Mnt Goat ...in 2011 the plan was laid out in an article by the CBI. So far they have stuck to this plan. We have seen all the necessary banking reforms, the completion of payment of war debt to Kuwait and all the necessary ties into the international investment arena so that the dinar could be used internationally. Why would they bother to do all this if they were not going to reinstate the dinar and trade the dinar internationally? ...This reinstatement is coming as there is just too many past events that paved the way to it already to doubt...This is the perfect time for the reinstatement of the dinar.
5-17-2022 Newshound Guru Sandy Ingram Community comment "Oil has nothing to do with Iraq's revalue, float or whatever they're going to do." ...This could not be further from the truth...a county's finances has everything to do with the foreign exchange rate thus we talk about Iraq's huge oil revenue and how they are adding to their streams of income. It looks like Iraq's income is about to become even larger...
5-17-2022 Intel Guru MarkZ [via PDK] [Will there be state taxes on the RV?] I don’t believe there will be any State taxes on the RV…i may be wrong…so best to be prepared just in case. [NOTE: Always check with your tax professional at the appropriate time to determine your taxes for your unique circumstances.]
5-16-2022 Newshound Guru CharlieOK Because it puts more pressure on forming a real govt. And, if that is unable to be done, and a CG is formed, it takes you right back to the budget which is ALREADY enacted. The CG simply uses funds from the budget and goes on down the road...I can't wait to see if a scenario of a CG running Iraq off of the already enacted and approved budget, is good enough for the CBI. If not, the can look like it has been kicked. [post 2 of 2]
5-16-2022 Newshound Guru CharlieOK Just saw the article...on the federal court's latest revelation. On the surface it seems like it might be a good thing. Looks like there is more pressure than ever to form a real govt...not a caretaker govt. If the CG [caretaker govt.] is formed, the enactment of the food law would be illegal according to the federal court. The federal court said a caretaker govt. can NOT enact laws. Why is this a good thing, then?... [post 1 of 2....stay tuned]
5-16-2022 Newshound Guru NORV [aka Kaperoni] "The Iraqi Journal of Economic Sciences publishes an article on the Iraqi dinar between the polemics of flotation and devaluation" ...appears they are fighting between floating and a LOP... Quote: "The debate remained among some economists about the importance of the Central Bank of Iraq resorting to the floating currency philosophy as a prelude to gradual adjustment instead of adopting the method of shock and surprise to the market with a low, alternative external value of the Iraqi dinar overnight..."
5-16-2022 Intel Guru MarkZ [via PDK] [Reference Mnt Goat post 5-15-2022] I agree 100% with this…i am hearing the same thing from sources in Iraq. Lots coming out of iraq about lower denominations being released…Deleting the zeros has been talked about in all kinds of paperwork, press releases, government statements…the value goes up and then the zeros go away….this is why they will need lower denominations.
5-16-2022 Newshound Guru MilitiaMan When the Central Bank talks we should listen. They use the wording 'advanced stage' now.. They use the terms 'Market Economy' now.. Well, once Article VIII with a new rate they'll have the Entitlements and Food Security in the bag... Very promising and timely article. imo [Post 2 of 2]
5-16-2022 Newshound Guru MilitiaMan "The Central Bank of Iraq 75 years in the face of economic challenges" The take away I see is they have accomplished the necessary goals to get them to the advanced stage of going into a market economy...They have been taken out of the Gray area, removed from sanctions of Chapter VII, accomplished E-Government, E-Payments and Automated the borders and ports and increased revenues outside of oil... [Post 1 of 2...stay tuned]
5-16-2022 Intel Guru MarkZ [via PDK] On the banking side – I am being told there is an 11AM meeting today in Reno as they work through details of the schedule. I was told that all rates are set. The schedule is set…we just do not know what it is yet... ...I heard this from many contacts on multiple continents…that some folks in those earlier tiers were receiving real dollars over the weekend...All in all this was a very exciting weekend. The only thing that would make it better is us making appointments and going to the banks.
5-16-2022 Newshound Guru Pimpy Remember you need a steady government, one that's not corrupt, a steady economy, strong GDP, your country has to be able to attract outside investors who are interesting in investing into your country and the future prospects have to look really good. You also have to have a strengthening currency. All the possibilities are there for Iraq... [Post 2 of 2]
5-16-2022 Newshound Guru Pimpy Unlike when Al-Kazemi took over as Prime Minister he had a short term...about two years in office. Once the government is formed they are going to have a normal four years to get business done. Depending on what government they get in there will make a world of difference as to whether or not the exchange rate is going to change. [Post 1 of 2...stay tuned]
5-16-2022 Intel Guru Holly ...Certain things transpired over the weekend to move the RV forward. This was huge and we should see the release finally...
5-16-2022 Intel Guru Frank26 Article: "Finance holds a consultative meeting to implement two systems...and reveal their benefits" EVERYONE IS AT THIS MEETING IMF, WB, CBI, FM, ETC
5-16-2022 Newshound/Intel Guru Mnt Goat Article: "RICH” IN MONEY AND “POVERTY” IN PLANNING.. IRAQ’S REVENUES EXCEED ITS
EXPENSES BY 200% DURING THE FIRST THIRD OF THE YEAR" Do you know just of fantastic this news really is? WOW! WOW! One more step towards more evidence this is moving ahead.
5-16-2022 Newshound Guru CharlieOK Just saw the article...on the federal court's latest revelation. On the surface it seems like it might be a good thing. Looks like there is more pressure than ever to form a real govt...not a caretaker govt. If the CG [caretaker govt.] is formed, the enactment of the food law would be illegal according to the federal court. The federal court said a caretaker govt. can NOT enact laws. Why is this a good thing, then?... [post 1 of 2....stay tuned]
5-16-2022 Newshound Guru NORV [aka Kaperoni] "The Iraqi Journal of Economic Sciences publishes an article on the Iraqi dinar between the polemics of flotation and devaluation" ...appears they are fighting between floating and a LOP... Quote: "The debate remained among some economists about the importance of the Central Bank of Iraq resorting to the floating currency philosophy as a prelude to gradual adjustment instead of adopting the method of shock and surprise to the market with a low, alternative external value of the Iraqi dinar overnight..."
5-16-2022 Intel Guru MarkZ [via PDK] [Reference Mnt Goat post 5-15-2022] I agree 100% with this…i am hearing the same thing from sources in Iraq. Lots coming out of iraq about lower denominations being released…Deleting the zeros has been talked about in all kinds of paperwork, press releases, government statements…the value goes up and then the zeros go away….this is why they will need lower denominations.
5-16-2022 Newshound Guru MilitiaMan When the Central Bank talks we should listen. They use the wording 'advanced stage' now.. They use the terms 'Market Economy' now.. Well, once Article VIII with a new rate they'll have the Entitlements and Food Security in the bag... Very promising and timely article. imo [Post 2 of 2]
5-16-2022 Newshound Guru MilitiaMan "The Central Bank of Iraq 75 years in the face of economic challenges" The take away I see is they have accomplished the necessary goals to get them to the advanced stage of going into a market economy...They have been taken out of the Gray area, removed from sanctions of Chapter VII, accomplished E-Government, E-Payments and Automated the borders and ports and increased revenues outside of oil... [Post 1 of 2...stay tuned]
5-16-2022 Intel Guru MarkZ [via PDK] On the banking side – I am being told there is an 11AM meeting today in Reno as they work through details of the schedule. I was told that all rates are set. The schedule is set…we just do not know what it is yet... ...I heard this from many contacts on multiple continents…that some folks in those earlier tiers were receiving real dollars over the weekend...All in all this was a very exciting weekend. The only thing that would make it better is us making appointments and going to the banks.
5-16-2022 Newshound Guru Pimpy Remember you need a steady government, one that's not corrupt, a steady economy, strong GDP, your country has to be able to attract outside investors who are interesting in investing into your country and the future prospects have to look really good. You also have to have a strengthening currency. All the possibilities are there for Iraq... [Post 2 of 2]
5-16-2022 Newshound Guru Pimpy Unlike when Al-Kazemi took over as Prime Minister he had a short term...about two years in office. Once the government is formed they are going to have a normal four years to get business done. Depending on what government they get in there will make a world of difference as to whether or not the exchange rate is going to change. [Post 1 of 2...stay tuned]
5-16-2022 Intel Guru Holly ...Certain things transpired over the weekend to move the RV forward. This was huge and we should see the release finally...
5-16-2022 Intel Guru Frank26 Article: "Finance holds a consultative meeting to implement two systems...and reveal their benefits" EVERYONE IS AT THIS MEETING IMF, WB, CBI, FM, ETC
5-16-2022 Newshound/Intel Guru Mnt Goat Article: "RICH” IN MONEY AND “POVERTY” IN PLANNING.. IRAQ’S REVENUES EXCEED ITS
EXPENSES BY 200% DURING THE FIRST THIRD OF THE YEAR" Do you know just of fantastic this news really is? WOW! WOW! One more step towards more evidence this is moving ahead.
5-15-2022 Newshound Guru Militiaman Question: "what ever happened to to thurs big meeting with sadr cbi and kazammi?" That is a good question... We have not yet heard if the meeting between Sadr, the FM and the CBI Gov. happened or not. We do know and have recently seen that news of important factual items and or issues are late in being reported.
5-15-2022 Guru Nader From The Mid East It's gonna be a lot of changes. Until the end of week you will see a change of parliament, change of CBI people, change health department, education, of everything. Everything is going to be changing. The only thing they are not going to f%$$#$ change (sorry about my language) is the money. We're still waiting. And waiting. And waiting. They're talking about having a new currency...They didn't show us anything yet...next week I think more news gonna come out. Better news. Important news...
5-15-2022 Newshound Guru Kaperoni The latest articles I've seen indicate Iraq now has over 103 trillion dinar in circulation, one report states 50 trillion is in the homes of Iraqi citizens because they don't have confidence in the banks. Even the idea that Iraq could significantly RV the Iraqi dinar with that much currency in circulation is nonsense...Iraq's entire net worth including minerals and oil in the ground is $16 trillion dollars.
5-15-2022 Newshound Guru Sandy Ingram Question: "Which banks take Iraq dinar at this date and time?" In this article "What Banks Take Iraqi Dinar?" we learned that there are 3 banks that you can exchange Iraqi dinar in the Middle East. The central Bank, The National Bank of Jordan and the National Bank of Kuwait are 3 banks where you can exchange the Iraqi dinar. So if a group is traveling and it's not safe or it's not feasible to go directly into Baghdad then Jordan or Kuwait is an option. At least that is how it stands today...
5-15-2022 Intel Guru Frank26 Is there something else needed for us to have the RI? Sit the government.
5-15-2022 Newshound Guru Militiaman Article: "Parliament will not obligate the government to send the general budget .. and food security will be a temporary alternative" ...The part of this that may get over looked is that it is rate oriented. Notice they don't mention it. They can't. But, they will. imo Like they said. The Emergency Food Law is "Synonymous" with the 2022 Budget Law. Get ready.. imo.
5-15-2022 Newshound/Intel Guru Mnt Goat ...I...made a call to the CBI and learned that they are planning the project to delete the zeros sometime in late May or early June. This was as much details as they would give...we may very well see this move quickly once the president is voted on. I am hearing all is set to go for the reinstatement. All have a “green light”. So, the plan is laid only we don’t know about the entire plan. It is set for much sooner than later...I do not want to over-speculate but things are really lining up.
5-15-2022 Guru Nader From The Mid East It's gonna be a lot of changes. Until the end of week you will see a change of parliament, change of CBI people, change health department, education, of everything. Everything is going to be changing. The only thing they are not going to f%$$#$ change (sorry about my language) is the money. We're still waiting. And waiting. And waiting. They're talking about having a new currency...They didn't show us anything yet...next week I think more news gonna come out. Better news. Important news...
5-15-2022 Newshound Guru Kaperoni The latest articles I've seen indicate Iraq now has over 103 trillion dinar in circulation, one report states 50 trillion is in the homes of Iraqi citizens because they don't have confidence in the banks. Even the idea that Iraq could significantly RV the Iraqi dinar with that much currency in circulation is nonsense...Iraq's entire net worth including minerals and oil in the ground is $16 trillion dollars.
5-15-2022 Newshound Guru Sandy Ingram Question: "Which banks take Iraq dinar at this date and time?" In this article "What Banks Take Iraqi Dinar?" we learned that there are 3 banks that you can exchange Iraqi dinar in the Middle East. The central Bank, The National Bank of Jordan and the National Bank of Kuwait are 3 banks where you can exchange the Iraqi dinar. So if a group is traveling and it's not safe or it's not feasible to go directly into Baghdad then Jordan or Kuwait is an option. At least that is how it stands today...
5-15-2022 Intel Guru Frank26 Is there something else needed for us to have the RI? Sit the government.
5-15-2022 Newshound Guru Militiaman Article: "Parliament will not obligate the government to send the general budget .. and food security will be a temporary alternative" ...The part of this that may get over looked is that it is rate oriented. Notice they don't mention it. They can't. But, they will. imo Like they said. The Emergency Food Law is "Synonymous" with the 2022 Budget Law. Get ready.. imo.
5-15-2022 Newshound/Intel Guru Mnt Goat ...I...made a call to the CBI and learned that they are planning the project to delete the zeros sometime in late May or early June. This was as much details as they would give...we may very well see this move quickly once the president is voted on. I am hearing all is set to go for the reinstatement. All have a “green light”. So, the plan is laid only we don’t know about the entire plan. It is set for much sooner than later...I do not want to over-speculate but things are really lining up.
5-14-2022 Newshound Guru MarkZ [via PDK] [how long will we have to exchange?] I am still hearing we will have 10 days to set appointments and 30 days to exchange.
5-14-2022 Newshound/Intel Guru Paulette IMO, we await Sadr to make his move to move forward to get the government formed...there is a seated Parliament but a Caretaker government...the Caretaker government is not fully authorized to carry out all functions and thus can only enact emergency measures to keep the country safe and running. They are NOT authorized to send the budget...
5-14-2022 Newshound Guru MilitiaMan Having the HCL, Article 140 being talked about...and the citizens entitlements we should all be very happy that the citizens are about to get what they deserve. With having purchasing power ( Protection ) the citizens will have consistent payments and they'll be able to afford many things and food is one of them... imo HCL is all about money from oil and other assets. That will require an international calculation for the new exchange rate. That imo is why it is an important law...imo
5-14-2022 Intel Guru Wolverine ...We are really close that’s all I can tell you...
5-14-2-22 Newshound Guru Clare Article: "Parliament postpones the session of the Food Security Law"
5-14-2022 Newshound/Intel Guru Mnt Goat Article: "MAHMOUD DAGHER EXPLAINS THE ECONOMIC FEASIBILITY OF REMOVING ZEROS FROM THE LOCAL CURRENCY" As I said we would see more articles on promoting the project to delete the zeros, which we all know must take place prior to or around the same time of the reinstatement.
5-14-2022 Newshound Guru MarkZ [via PDK] I was told the vote was pushed back until Monday and to expect great things out of Iraq on Monday. I was told there was a few last minute negotiations to finish up for seating the government. Iraqi sources said this morning to “not panic” …we all hope they do not kick the can any further than that. ...The UN has paperwork filed…the IMF and many worldwide banking agencies are leaning on Iraq and telling them to finish changing the value.
5-14-2022 Newshound Guru Godlover Article: "America announces the allocation of 140 million dollars to support businesses in Iraq" This article has some good, bad & interesting imo The good: Money to stimulate the private sector. The bad: USD instead of their own currency. The interesting: We hear that Iraq does not want to peg to the USD because it is so weak, yet they flood Iraq in USD. Also, if Iraq were to stay pegged to the USD & released their monetary reform, one would think that in itself would strengthen the USD.
5-14-2022 Newshound Guru Pimpy They're [Iraq] is gonna have a lot of extra money this year. It's projected that they'll have 26 billion extra dollars. There's a lot they could do with this. Man I can only imagine what Iraq is going to be like in the future as long as they can see from fighting with one another.
5-14-2022 Intel Guru Bruce [via WiserNow] we know that Iraq was supposed to put out their new rates today and also seat their new Parliament and new Prime Minister – that did NOT happen...The good news is that on Saturday Iraq will seat their government and their new Prime Minister and on Sunday...the 15th they will put out their new Iraqi Dinar rates and increase their in country rate to around $6...ours will be much higher - and they will put out that rate on Sunday...the 15th...is the day that the UN operational rates change for all currencies...what I’ve been told from redemption center staff is next week should be a great week for us...
5-14-2022 Newshound Guru Militiaman Article: "Parliamentary Finance: The Food Security Law is not a substitute for the 2022 budget" ...it is like they have allowed the emergency food law to be a rider if you will. It is in place for the citizens and once they seat the government when ever that may be, the 2022 budget kicks in. They are synonymous. Nothing changes...Imo, the emergency food law, the 2022 budget law...are rate sensitive.
5-14-2022 Newshound Guru Deepwoodz Article: "Al-Maliki's coalition "questions" the legitimacy of the Al-Kazemi government and "reserves" the Food Security Law " They can and will do whatever is necessary to run the government until further notice...they have a government. Until there is a replacement. There is no vacuum left in place of the government. The only ones hollering are Maliki and his cronies because they are being left out. Since yesterday it appears everyone else is on board. imo
5-14-2022 Newshound/Intel Guru Paulette IMO, we await Sadr to make his move to move forward to get the government formed...there is a seated Parliament but a Caretaker government...the Caretaker government is not fully authorized to carry out all functions and thus can only enact emergency measures to keep the country safe and running. They are NOT authorized to send the budget...
5-14-2022 Newshound Guru MilitiaMan Having the HCL, Article 140 being talked about...and the citizens entitlements we should all be very happy that the citizens are about to get what they deserve. With having purchasing power ( Protection ) the citizens will have consistent payments and they'll be able to afford many things and food is one of them... imo HCL is all about money from oil and other assets. That will require an international calculation for the new exchange rate. That imo is why it is an important law...imo
5-14-2022 Intel Guru Wolverine ...We are really close that’s all I can tell you...
5-14-2-22 Newshound Guru Clare Article: "Parliament postpones the session of the Food Security Law"
5-14-2022 Newshound/Intel Guru Mnt Goat Article: "MAHMOUD DAGHER EXPLAINS THE ECONOMIC FEASIBILITY OF REMOVING ZEROS FROM THE LOCAL CURRENCY" As I said we would see more articles on promoting the project to delete the zeros, which we all know must take place prior to or around the same time of the reinstatement.
5-14-2022 Newshound Guru MarkZ [via PDK] I was told the vote was pushed back until Monday and to expect great things out of Iraq on Monday. I was told there was a few last minute negotiations to finish up for seating the government. Iraqi sources said this morning to “not panic” …we all hope they do not kick the can any further than that. ...The UN has paperwork filed…the IMF and many worldwide banking agencies are leaning on Iraq and telling them to finish changing the value.
5-14-2022 Newshound Guru Godlover Article: "America announces the allocation of 140 million dollars to support businesses in Iraq" This article has some good, bad & interesting imo The good: Money to stimulate the private sector. The bad: USD instead of their own currency. The interesting: We hear that Iraq does not want to peg to the USD because it is so weak, yet they flood Iraq in USD. Also, if Iraq were to stay pegged to the USD & released their monetary reform, one would think that in itself would strengthen the USD.
5-14-2022 Newshound Guru Pimpy They're [Iraq] is gonna have a lot of extra money this year. It's projected that they'll have 26 billion extra dollars. There's a lot they could do with this. Man I can only imagine what Iraq is going to be like in the future as long as they can see from fighting with one another.
5-14-2022 Intel Guru Bruce [via WiserNow] we know that Iraq was supposed to put out their new rates today and also seat their new Parliament and new Prime Minister – that did NOT happen...The good news is that on Saturday Iraq will seat their government and their new Prime Minister and on Sunday...the 15th they will put out their new Iraqi Dinar rates and increase their in country rate to around $6...ours will be much higher - and they will put out that rate on Sunday...the 15th...is the day that the UN operational rates change for all currencies...what I’ve been told from redemption center staff is next week should be a great week for us...
5-14-2022 Newshound Guru Militiaman Article: "Parliamentary Finance: The Food Security Law is not a substitute for the 2022 budget" ...it is like they have allowed the emergency food law to be a rider if you will. It is in place for the citizens and once they seat the government when ever that may be, the 2022 budget kicks in. They are synonymous. Nothing changes...Imo, the emergency food law, the 2022 budget law...are rate sensitive.
5-14-2022 Newshound Guru Deepwoodz Article: "Al-Maliki's coalition "questions" the legitimacy of the Al-Kazemi government and "reserves" the Food Security Law " They can and will do whatever is necessary to run the government until further notice...they have a government. Until there is a replacement. There is no vacuum left in place of the government. The only ones hollering are Maliki and his cronies because they are being left out. Since yesterday it appears everyone else is on board. imo
5-13-2022 Newshound Guru Pimpy For those of you who don't know what that means, you would have to exchange in your currency depending on what it is they want to do. The 3 zeros is what they are talking about. If you have a 25000 dinar, remove the zeros you would exchange it obviously for 25's. Where the complication comes in is the exchange rate. People panic because they believe they're losing money. When you trade in your larger bill for a smaller bill that's not the case... [Post 2 of 2]
5-13-2022 Newshound Guru Pimpy My text messages and everything else were getting blown up...every time these types of articles are printed people get concerned...here we go, that evil article that we get...maybe once every six months... it confuses everybody then there's all kinds of chit chat about what it really means. I get it, we talk about it all the time... Article: "Mahmoud Dagher explains the economic feasibility of removing zeros from the local currency" [Post 1 of 2....stay tuned]
5-13-2022 Newshound Guru Militiaman Article: "Initiating the implementation of a new mechanism to support the validity of the issuance of customs permits" Put this with the meetings with the CBI, the Finance Minister, the IMF, the World Bank, Banks in Iraq, etc...we can see that Iraq is going international and quickly now, as in very quickly!!! It appears that it is all systems go now... Even the deletion of the zeros project is being talked about...we are well on our way for a big change in the way things are going to run and what mechanism they will use. It won't be 1460 imo... [See Guru MilitiaMan's post below]
5-13-2022 Newshound/Intel Guru Mnt Goat STATUS OF THE RV...The news is all fantastic and this is moving fast now...The plan is laid out and the clock in ticking towards a targeted timeframe period to begin. Yes, we are now in this period, according to the Central Bank of Iraq, tic toc, tic toc.
5-13-2022 Newshound Guru Godlover Article: "Parliament will not obligate the government to send the general budget .. and food security will be a temporary alternative" This food security law was established to give their citizens immediate relief until the new government is officially seated (& announced imo). Then they can tackle the general budget. Again this tells me that they expect the government formation & then the budget voting, etc will take some time.
5-13-2022 Newshound Guru Clare Article: "The Iraqi parliament completes the formation of its permanent committees: its meetings will be held starting next week"
5-13-2022 Intel Guru Frank26 Article: "Is it time to delete zeros? Economist commented" MR. ECONOMIST YOU KNOW VERY WELL IT'S TIME... OR YOU WOULDN'T CONTINUE TO BRING UP THE SUBJECT
5-13-2022 Intel Guru MarkZ [via PDK] Redemption center folks still on call this weekend. Banks are ramped up and ready. Government contacts in Iraq are talking about the issuance and schedule of the lower denominations. We have expected votes in Iraq tomorrow that should seat the PM and give us the Food Security bill. So we have a lot to watch tomorrow...
5-13-2022 Newshound Guru Pimpy Looks like the independents have at least shown a little bit of their hand...they might be heading towards the direction of Sadr. It is not set in stone yet. They're waiting for him to get finished with his 40 days of seclusion. I thought it was done but apparently not... Article: "The Independents are waiting for a position from Al-Sadr after the deadline for the framework expires". I think what they want to know is...if you want us to help you establish the government and take sides against the Coordination Framework what are you giving us. What are you promising us.
5-13-2022 Newshound Guru MilitiaMan With all we know the automation of the borders, the AYSCUDA SYSTEM, the BUNA PLATFORM, ISO20022, deletion of the zeros project, etc., we can see there is far more progress in the white paper programs than ever before. The CBI papers show they already printed currency for the project...So it is not surprising that we see the big hitters having a meeting on implementation over advanced internationally acceptable systems...I like what we are seeing. [Post 2 of 2]
5-13-2022 Newshound Guru Militiaman Article: "Finance holds a consultative meeting to implement two systems...and reveal their benefits" ...We expected there to be meetings today with Sadr, Finance Minister and CBI Governor. This is not just getting started, they have the system ready to go and todays meeting is about the process of initiation of implementation of the system. They will be consistent with international programs and systems. [Post 1 of 2...stay tuned]
5-13-2022 Intel Guru Holly Rv update: it has been a week of a lot of good news that things are moving for real...we are in a sweet spot based on All I speak to...
5-13-2022 Newshound/Intel Guru RVAlready I think Maliki is just playing for time, trying to get out of Sadr’s trap. I do not think he is going to escape…Maliki will lose, and the RV will go through…The people of Iraq will win.
5-13-2022 Newshound Guru Pimpy My text messages and everything else were getting blown up...every time these types of articles are printed people get concerned...here we go, that evil article that we get...maybe once every six months... it confuses everybody then there's all kinds of chit chat about what it really means. I get it, we talk about it all the time... Article: "Mahmoud Dagher explains the economic feasibility of removing zeros from the local currency" [Post 1 of 2....stay tuned]
5-13-2022 Newshound Guru Militiaman Article: "Initiating the implementation of a new mechanism to support the validity of the issuance of customs permits" Put this with the meetings with the CBI, the Finance Minister, the IMF, the World Bank, Banks in Iraq, etc...we can see that Iraq is going international and quickly now, as in very quickly!!! It appears that it is all systems go now... Even the deletion of the zeros project is being talked about...we are well on our way for a big change in the way things are going to run and what mechanism they will use. It won't be 1460 imo... [See Guru MilitiaMan's post below]
5-13-2022 Newshound/Intel Guru Mnt Goat STATUS OF THE RV...The news is all fantastic and this is moving fast now...The plan is laid out and the clock in ticking towards a targeted timeframe period to begin. Yes, we are now in this period, according to the Central Bank of Iraq, tic toc, tic toc.
5-13-2022 Newshound Guru Godlover Article: "Parliament will not obligate the government to send the general budget .. and food security will be a temporary alternative" This food security law was established to give their citizens immediate relief until the new government is officially seated (& announced imo). Then they can tackle the general budget. Again this tells me that they expect the government formation & then the budget voting, etc will take some time.
5-13-2022 Newshound Guru Clare Article: "The Iraqi parliament completes the formation of its permanent committees: its meetings will be held starting next week"
5-13-2022 Intel Guru Frank26 Article: "Is it time to delete zeros? Economist commented" MR. ECONOMIST YOU KNOW VERY WELL IT'S TIME... OR YOU WOULDN'T CONTINUE TO BRING UP THE SUBJECT
5-13-2022 Intel Guru MarkZ [via PDK] Redemption center folks still on call this weekend. Banks are ramped up and ready. Government contacts in Iraq are talking about the issuance and schedule of the lower denominations. We have expected votes in Iraq tomorrow that should seat the PM and give us the Food Security bill. So we have a lot to watch tomorrow...
5-13-2022 Newshound Guru Pimpy Looks like the independents have at least shown a little bit of their hand...they might be heading towards the direction of Sadr. It is not set in stone yet. They're waiting for him to get finished with his 40 days of seclusion. I thought it was done but apparently not... Article: "The Independents are waiting for a position from Al-Sadr after the deadline for the framework expires". I think what they want to know is...if you want us to help you establish the government and take sides against the Coordination Framework what are you giving us. What are you promising us.
5-13-2022 Newshound Guru MilitiaMan With all we know the automation of the borders, the AYSCUDA SYSTEM, the BUNA PLATFORM, ISO20022, deletion of the zeros project, etc., we can see there is far more progress in the white paper programs than ever before. The CBI papers show they already printed currency for the project...So it is not surprising that we see the big hitters having a meeting on implementation over advanced internationally acceptable systems...I like what we are seeing. [Post 2 of 2]
5-13-2022 Newshound Guru Militiaman Article: "Finance holds a consultative meeting to implement two systems...and reveal their benefits" ...We expected there to be meetings today with Sadr, Finance Minister and CBI Governor. This is not just getting started, they have the system ready to go and todays meeting is about the process of initiation of implementation of the system. They will be consistent with international programs and systems. [Post 1 of 2...stay tuned]
5-13-2022 Intel Guru Holly Rv update: it has been a week of a lot of good news that things are moving for real...we are in a sweet spot based on All I speak to...
5-13-2022 Newshound/Intel Guru RVAlready I think Maliki is just playing for time, trying to get out of Sadr’s trap. I do not think he is going to escape…Maliki will lose, and the RV will go through…The people of Iraq will win.
5-12-2022 Newshound Guru Militiaman Article: "After its implementation in Iran … Is it possible to cancel the dollar exchange rate in Iraq?" ...The reality is the Dollar is not imo going anywhere soon, it is on a tear now. It is pushing $104.02 [Dollar index $1.04?] lately...The Rial may have something a lot more valuable to trade in the short term. Yes, one that will be more valuable than the USD... Don't forget all boats rise with the tide. And the tide is out for some, but the Tsunami called the Dinar is about to fill the gap!! ...All good imo.
5-12-2022 Intel Guru MarkZ [via PDK] ...There was great chatter early in the day out of Iraq s they expect key votes in their Saturday Parliament session. I am still being told they have a set schedule to roll out the lower denominations. I spoke with a number of contacts who say they are being quiet today.
5-12-2022 Newshound Guru Pimpy We have exchange talk again and everybody knows that's our favorite topic to talk about - the dinar exchange rate! Article: "After its implementation in Iran...Is it possible to cancel the dollar exchange rate in Iraq?" ...here we go somebody said exchange rate...not what you expected but it does effect what's going on with the dinar...As more and more countries start to get away from the petro-dollar altogether...they start doing things to help strengthen their own currency. Will this move help strengthen Iran's currency? ...That's why I think Iraq is going to keep close attention to what happens to Iran...
5-12-2022 Guest Newshound docmagee94 "Al-Rasheed announces the removal of his name from the international sanctions list". IMO, this announcement is the most significant we’ve had in several months.
5-12-2022 Newshound Guru Godlover Article: "Parliamentary Finance hosts the Minister of Water Resources regarding the Food Security Law" This article confirms imo that the government & budget approval is going to take some time to complete. The articles have made it clear that this law was created recently & was to be passed asap to bring a little better livelihood to their citizens until the monetary reforms are released...Most of the articles implied that they needed to give their citizens some relief immediately...This is one reason why I was hoping that this food security law & budget would pass together.
5-12-2022 Newshound Guru Clare Article: "The new Iranian ambassador to Iraq begins his duties in Baghdad". HMMM... A NEW IRANIAN AMBASSADOR! MAYBE THAT WAS KAZEMI'S DOING!
5-12-2022 Intel Guru MarkZ [via PDK] ...in Baghdad today they announced that they are moving the vote on the food security act...to Saturday...I think they have done this because of this... Article: “The name of an Iraqi government bank has been removed from the international sanctions list” This is more of the dominoes coming into the line. We have also seen the independents putting up a candidate approved by all 3 voting blocks to seat the government. We hear that may be decided on Saturday as well. Makes sense to move forward with all of them at the same time. We also have the resignations of the Kuwaiti Government. This is very interesting timing. I think there is a whole lot lining up for an amazing weekend when you look at what’s happening in Iraq.
5-12-2022 Intel Guru Frank26 Article: "Adviser to Al-Kazemi: The budget is completed, and political pressures have disrupted the approval of the new salary scale" ...WE TOLD YOU THE BUDGET WAS COMPLETED LAST WEEK...
5-12-2022 Newshound Guru Militiaman We were told there would be meetings...and apparently they have happened. The timing is all coming together and may even have been done to a degree that suggests we could see more out of the CBI sooner than thought...this meeting [Last week] with the President, Prime Minister and Council of Ministers, suggests that they have security, stability, coordination, continuity and entitlements for the citizens in mind. That would require a rate which would likely be in the 2022 budget plan...having this meeting it is very promising for us and even in the very very short term.
5-12-2022 Intel Guru MarkZ [via PDK] ...There was great chatter early in the day out of Iraq s they expect key votes in their Saturday Parliament session. I am still being told they have a set schedule to roll out the lower denominations. I spoke with a number of contacts who say they are being quiet today.
5-12-2022 Newshound Guru Pimpy We have exchange talk again and everybody knows that's our favorite topic to talk about - the dinar exchange rate! Article: "After its implementation in Iran...Is it possible to cancel the dollar exchange rate in Iraq?" ...here we go somebody said exchange rate...not what you expected but it does effect what's going on with the dinar...As more and more countries start to get away from the petro-dollar altogether...they start doing things to help strengthen their own currency. Will this move help strengthen Iran's currency? ...That's why I think Iraq is going to keep close attention to what happens to Iran...
5-12-2022 Guest Newshound docmagee94 "Al-Rasheed announces the removal of his name from the international sanctions list". IMO, this announcement is the most significant we’ve had in several months.
5-12-2022 Newshound Guru Godlover Article: "Parliamentary Finance hosts the Minister of Water Resources regarding the Food Security Law" This article confirms imo that the government & budget approval is going to take some time to complete. The articles have made it clear that this law was created recently & was to be passed asap to bring a little better livelihood to their citizens until the monetary reforms are released...Most of the articles implied that they needed to give their citizens some relief immediately...This is one reason why I was hoping that this food security law & budget would pass together.
5-12-2022 Newshound Guru Clare Article: "The new Iranian ambassador to Iraq begins his duties in Baghdad". HMMM... A NEW IRANIAN AMBASSADOR! MAYBE THAT WAS KAZEMI'S DOING!
5-12-2022 Intel Guru MarkZ [via PDK] ...in Baghdad today they announced that they are moving the vote on the food security act...to Saturday...I think they have done this because of this... Article: “The name of an Iraqi government bank has been removed from the international sanctions list” This is more of the dominoes coming into the line. We have also seen the independents putting up a candidate approved by all 3 voting blocks to seat the government. We hear that may be decided on Saturday as well. Makes sense to move forward with all of them at the same time. We also have the resignations of the Kuwaiti Government. This is very interesting timing. I think there is a whole lot lining up for an amazing weekend when you look at what’s happening in Iraq.
5-12-2022 Intel Guru Frank26 Article: "Adviser to Al-Kazemi: The budget is completed, and political pressures have disrupted the approval of the new salary scale" ...WE TOLD YOU THE BUDGET WAS COMPLETED LAST WEEK...
5-12-2022 Newshound Guru Militiaman We were told there would be meetings...and apparently they have happened. The timing is all coming together and may even have been done to a degree that suggests we could see more out of the CBI sooner than thought...this meeting [Last week] with the President, Prime Minister and Council of Ministers, suggests that they have security, stability, coordination, continuity and entitlements for the citizens in mind. That would require a rate which would likely be in the 2022 budget plan...having this meeting it is very promising for us and even in the very very short term.
5-11-2022 Intel Guru Bruce [via WiserNow] I hate to say it but when they get the green light from us – they will bring out their new rate and mention the seating of their government – Prime Minister – Parliament – all of that – having been completed and seated...it’s probably been done for a while but they just haven’t announced it yet ...they are operating with a rate in country - they are exchanging with the other countries – in other words they are trading with other countries – and they have a rate - with which they are doing that...we are looking good – Iraq is going to do what they need to do [Wednesday] – and or Thursday – we should get notified...
5-11-2022 Newshound Guru Militiaman Member comment "It looks of it they have an agreement on the food law too Article quote " Quote 'Except by changing the tools to be able to interact with the new stage.' ..Changing the tools.. As in changing the exchange rate to fit with the new stage they are heading into.. Timing is awesome.. imo.
5-11-2022 Newshound Guru Pimpy Those two managed to work together to get a lot accomplished...If Iraq can manage to get the President Saleh and the Prime Minister Al-Kazemi back as president and prime minister and they form the new government...if that's the case I believe it won't take very long until we see the Iraqi dinar exchange rate change again. It's going to go up in increments but it's going to do it fairly quick IMO... Iraq is in a really great place. It really is... [Post 2 of 2]
5-11-2022 Newshound Guru Pimpy It looks like we might be done with this blockage... Article "Mishaan Al-Jubouri: The independents will present Al-Kazemi as a candidate for prime minister, and we believe he will pass" ...Good news IMO...we learned Saleh is most likely going to be the presidential candidate and Al-Kazemi will be the prime minister. The same two people will continue to move forward for a full term - 4 years... [Post 1 of 2]
5-11-2022 Newshound Guru Kaperoni I have always hoped that Iraq's monetary policy would change according to Iraq's economic development. That they pass the laws necessary to encourage foreign investment, build a thriving private sector, and improve GDP. We have seen numerous articles over the last several months from the World Bank implying Iraq's economy could be the fastest growing in the Middle East. The bottom line is it's up to Iraq to accomplish what is expected of them.
5-11-2022 Intel Guru MarkZ [via PDK] We also learned they have indeed printed and scheduled the release of their lower denomination bills… This is 3 enormous things that came out of Iraq…and all at one time. I told you guys that once this thing was ready- it would all come together at one moment. It appears that is what we are watching happen. Really positive news out of Iraq... [post 2 of 2]
5-11-2022 Intel Guru MarkZ [via PDK] Good article(s) from Iraq today: “Mishaan Al-Jabouri: the independents will present Al-Kazemi as a candidate for Prime Minister and we believe he will pass”; “25 Trillion dinars will be at the governments disposal next week to be spent in accordance of the articles set by the Food and Securities Law“ ...it looks like the 3 parties came together to get the government squared away...I was told they intend to present him tomorrow...and also a consensus on the Food Security act which we were told was crucial for a rate change... [post 1 of 2....stay tuned]
5-11-2022 Intel Guru Frank26 Things are lining up...they are doing everything that we want. For example the ISO. You found out, this is extremely important. Yes, it's important for them to go international but it also was a IMF requirement that they did. All banks by the year 2025 will have to be part of the ISO and get rid fo the Swift. The fact that Iraq is part of it is fantastic.
5-11-2022 Newshound Guru Militiaman Article: "Barzani intends to launch an initiative to address the political blockage" Looks like there is more support for interesting times over the next couple days...
5-11-2022 Newshound/Intel Guru RVAlready ...if Sadr cannot get enough independents to elect the president of the republic, he will have parliament dissolved. Either way, there will be a government and an RV by the CBI. This is a win situation for Sadr and a lose situation for Maliki.
5-11-2022 Newshound Guru Militiaman Member comment "It looks of it they have an agreement on the food law too Article quote " Quote 'Except by changing the tools to be able to interact with the new stage.' ..Changing the tools.. As in changing the exchange rate to fit with the new stage they are heading into.. Timing is awesome.. imo.
5-11-2022 Newshound Guru Pimpy Those two managed to work together to get a lot accomplished...If Iraq can manage to get the President Saleh and the Prime Minister Al-Kazemi back as president and prime minister and they form the new government...if that's the case I believe it won't take very long until we see the Iraqi dinar exchange rate change again. It's going to go up in increments but it's going to do it fairly quick IMO... Iraq is in a really great place. It really is... [Post 2 of 2]
5-11-2022 Newshound Guru Pimpy It looks like we might be done with this blockage... Article "Mishaan Al-Jubouri: The independents will present Al-Kazemi as a candidate for prime minister, and we believe he will pass" ...Good news IMO...we learned Saleh is most likely going to be the presidential candidate and Al-Kazemi will be the prime minister. The same two people will continue to move forward for a full term - 4 years... [Post 1 of 2]
5-11-2022 Newshound Guru Kaperoni I have always hoped that Iraq's monetary policy would change according to Iraq's economic development. That they pass the laws necessary to encourage foreign investment, build a thriving private sector, and improve GDP. We have seen numerous articles over the last several months from the World Bank implying Iraq's economy could be the fastest growing in the Middle East. The bottom line is it's up to Iraq to accomplish what is expected of them.
5-11-2022 Intel Guru MarkZ [via PDK] We also learned they have indeed printed and scheduled the release of their lower denomination bills… This is 3 enormous things that came out of Iraq…and all at one time. I told you guys that once this thing was ready- it would all come together at one moment. It appears that is what we are watching happen. Really positive news out of Iraq... [post 2 of 2]
5-11-2022 Intel Guru MarkZ [via PDK] Good article(s) from Iraq today: “Mishaan Al-Jabouri: the independents will present Al-Kazemi as a candidate for Prime Minister and we believe he will pass”; “25 Trillion dinars will be at the governments disposal next week to be spent in accordance of the articles set by the Food and Securities Law“ ...it looks like the 3 parties came together to get the government squared away...I was told they intend to present him tomorrow...and also a consensus on the Food Security act which we were told was crucial for a rate change... [post 1 of 2....stay tuned]
5-11-2022 Intel Guru Frank26 Things are lining up...they are doing everything that we want. For example the ISO. You found out, this is extremely important. Yes, it's important for them to go international but it also was a IMF requirement that they did. All banks by the year 2025 will have to be part of the ISO and get rid fo the Swift. The fact that Iraq is part of it is fantastic.
5-11-2022 Newshound Guru Militiaman Article: "Barzani intends to launch an initiative to address the political blockage" Looks like there is more support for interesting times over the next couple days...
5-11-2022 Newshound/Intel Guru RVAlready ...if Sadr cannot get enough independents to elect the president of the republic, he will have parliament dissolved. Either way, there will be a government and an RV by the CBI. This is a win situation for Sadr and a lose situation for Maliki.
5-10-2022 Intel Guru MarkZ [via PDK] [Is the Iraq new rate I’d hidden in the Emergency Food Security Law?] That is the rumor right now. I am also hearing out of Iraq that the Food Security law is supposed to pass tomorrow, and then on its heels will be the new government and the budget. There is a lot of exciting news out of Iraq in the last 15-16 hours...We have great things coming out of Iraq about tomorrow...the chatter and the progress in Iraq has been phenomenal! [post 2 of 2]
5-10-2022 Intel Guru MarkZ [via PDK] I am hearing lots of great chatter...Things finally started lighting up this afternoon on...the Redemption side...and the bank side… There is great anticipation for the next 72 hours...there is a lot of excitement out there. There were some great developments in Iraq. I want to give full credit to [Gurus] Frank and Walkingstick for this… [Reference Guru Walkingstick post 5-10-22 below] After seeing this I chased down my contacts and they confirmed it. I am hearing the same thing from my contacts over there… [post 1 of 2....stay tuned]
5-10-2022 Newshound Guru Sandy Ingram Question: "If...Iraq opens up trading their currency why not fly there to Iraq and exchange with a group...?" ...This ...is premature, however we can fly...out of JFK or Miami but no group account. Everyone would need to handle their own finances...A "real" revalue of the currency would allow us to exchange the currency within the United States. We would only need to travel if they printed new currency BEFORE a revalue.
5-10-2022 Newshound Guru Militiaman The process of seating the government and gearing for the 2022 budget is slated for from now through this next week...with what we have witnessed over the past couple years, months and even days, we have never been closer based off hindsight ...imo...BTW...April 2nd, 2022 was the first Day of Ramadan. This is about the time frame Sadr gave [40 days to form government] that gets it to the 10th of May per the Islamic Calendar. Sadr has summoned the FM and CBI Governor 05/12/2022.. I can imagine the CBI having a move soon.
5-10-2022 Intel Guru Frank26 Article: "The Iraqi parliament is in the process of issuing a resolution obligating the government to submit the financial budget" FINAL STEPS FOR THE MONETARY REFORM.
5-10-2022 Newshound Guru Pimpy Article: "PUK: Barham Saleh is a figure acceptable to the framework and the current". Quote: "The Patriotic Union of Kurdistan announce the acceptance of Saleh for presidency of the Republic by the Coordination Framework and the Sadrist Movement" Wow! Something they could agree on...congrats to Saleh as long as he gets in there. But we'll see. Remember the person that actually runs the country is the prime minister...
5-10-2022 Intel Guru MarkZ [via PDK] ...there are a lot of rumors floating around out there that Iraq has gone with a 1 to 1 rate... They have not gone 1 to 1 in the country. It has not occurred yet. Do they still talk about the NEER rate (Nominal Effective Exchange Rate) – yes they do but less and less often now…now they are discussing the restoration of the old value which was the mid $3 dollar range…this was discussed again this weekend in Iraq.
5-10-2022 Newshound Guru Walkingstick [via frank] [Walkingstick's Iraqi bank contact update] BANK FIRM: We have the delivery schedule of the new small category notes (NSCN) in our possession. WALKINGSTICK: We know know 'What', the new small category notes. And we know 'where', the ATM machines and the banks. But what we don't have is we need the 'when'...the only detail missing is the timing of when they will sit a government and announce it in order to deliver the NSCNs and new exchange rate. Once that happens, the reforms and the new exchange rate, and NSCNs and many other things that everyone and the citizens are waiting for will happen.
5-10-2022 Intel Guru RayRen98 FED SOURCE SAYS, "THINGS ARE MOVING FAST"...BANK SOURCE SAYS, "IN MEETINGS ALL DAY"...CANADA SOURCE SAYS, "KEEP YOUR PHONE POWERED ON"...
5-10-2022 Intel Guru MarkZ [via PDK] I am hearing lots of great chatter...Things finally started lighting up this afternoon on...the Redemption side...and the bank side… There is great anticipation for the next 72 hours...there is a lot of excitement out there. There were some great developments in Iraq. I want to give full credit to [Gurus] Frank and Walkingstick for this… [Reference Guru Walkingstick post 5-10-22 below] After seeing this I chased down my contacts and they confirmed it. I am hearing the same thing from my contacts over there… [post 1 of 2....stay tuned]
5-10-2022 Newshound Guru Sandy Ingram Question: "If...Iraq opens up trading their currency why not fly there to Iraq and exchange with a group...?" ...This ...is premature, however we can fly...out of JFK or Miami but no group account. Everyone would need to handle their own finances...A "real" revalue of the currency would allow us to exchange the currency within the United States. We would only need to travel if they printed new currency BEFORE a revalue.
5-10-2022 Newshound Guru Militiaman The process of seating the government and gearing for the 2022 budget is slated for from now through this next week...with what we have witnessed over the past couple years, months and even days, we have never been closer based off hindsight ...imo...BTW...April 2nd, 2022 was the first Day of Ramadan. This is about the time frame Sadr gave [40 days to form government] that gets it to the 10th of May per the Islamic Calendar. Sadr has summoned the FM and CBI Governor 05/12/2022.. I can imagine the CBI having a move soon.
5-10-2022 Intel Guru Frank26 Article: "The Iraqi parliament is in the process of issuing a resolution obligating the government to submit the financial budget" FINAL STEPS FOR THE MONETARY REFORM.
5-10-2022 Newshound Guru Pimpy Article: "PUK: Barham Saleh is a figure acceptable to the framework and the current". Quote: "The Patriotic Union of Kurdistan announce the acceptance of Saleh for presidency of the Republic by the Coordination Framework and the Sadrist Movement" Wow! Something they could agree on...congrats to Saleh as long as he gets in there. But we'll see. Remember the person that actually runs the country is the prime minister...
5-10-2022 Intel Guru MarkZ [via PDK] ...there are a lot of rumors floating around out there that Iraq has gone with a 1 to 1 rate... They have not gone 1 to 1 in the country. It has not occurred yet. Do they still talk about the NEER rate (Nominal Effective Exchange Rate) – yes they do but less and less often now…now they are discussing the restoration of the old value which was the mid $3 dollar range…this was discussed again this weekend in Iraq.
5-10-2022 Newshound Guru Walkingstick [via frank] [Walkingstick's Iraqi bank contact update] BANK FIRM: We have the delivery schedule of the new small category notes (NSCN) in our possession. WALKINGSTICK: We know know 'What', the new small category notes. And we know 'where', the ATM machines and the banks. But what we don't have is we need the 'when'...the only detail missing is the timing of when they will sit a government and announce it in order to deliver the NSCNs and new exchange rate. Once that happens, the reforms and the new exchange rate, and NSCNs and many other things that everyone and the citizens are waiting for will happen.
5-10-2022 Intel Guru RayRen98 FED SOURCE SAYS, "THINGS ARE MOVING FAST"...BANK SOURCE SAYS, "IN MEETINGS ALL DAY"...CANADA SOURCE SAYS, "KEEP YOUR PHONE POWERED ON"...
5-9-2022 Newshound Guru Godlover [Response to Militia man post below] This food security law you speak of is certainly not a good thing if it does not come with the general budget.
5-9-2022 Intel Guru MarkZ [via PDK] ...good articles out of Iraq today. Article: “ Financial advisor to the Prime Minister: Financeil abundance is a historic opportunity for Iraq.” They even talked in depth about how it will cost them .6 cents per bill to delete the zeros or printing and replacing the physical notes...but they added that this will not increase purchasing power. That is one of their key issues. So now that they are ISO compliant and can be international….it is time to do both….increase the purchasing power and delete the zeros. This is conversation over the weekend on Iraqi television. Time to get this abundance to the people …I think this is positive stuff.
5-9-2022 Newshound Guru Militiaman In my view this one has rate implications. The emergency food support bill is what many countries deem as security issues and interestingly enough, there is a food law being talked about in Iraq and even the UST has talked of this topic too. If this is the same thing, there is a rate to be had with it or behind it. We have heard that food security is important and a security issue and a reason the Federal Court Ruled that the present Caretaker Government can get things passed if need be for the benefit of the people, therefore, they will need to secure it with purchase power., i.e., a new exchange rate.
5-9-2022 Newshound/Intel Guru Walkingstick Question: "Do you think the rate will float to hit its maximum within say 6 to 8 months?" No way, it's still a developing country. It could take a couple years.
5-9-2022 Intel Guru Frank26 Is the ISO what pulls the trigger to the monetary reform...NSCN and new exchange rate...? No. But it is a necessary platform to...go international. Then what is going to...[pull the triger]? I've told you, 'Show me a seated government...'
5-9-2022 Newshound Guru Kaperoni If we would like to see the Iraqi dinar go up in value (which I think we all would like), our best bet is for them to build a private sector market economy and allow it to grow over time. Such an event would allow the exchange rate of the dinar to also gradually appreciate.
5-9-2022 Intel Guru MarkZ [via PDK] I am hoping this is our “Boom Week”. I am hearing there will be big meetings on Wed in Iraq with the finance minister and CBI and IMF representatives.
5-9-2022 Newshound Guru Pimpy It always feels like we're right on the edge of getting there. It looks like things are going in the right direction and then there's always these little hurdles but at at least they're not going two steps forward and ten steps back like they used to. Now it's more like they're going two steps forward and a half step back every now and then. Still looking good but dealing with a lot of B.S...Iraq is teetering right there at the doorstep. They really are...
5-9-2022 Newshound Guru Militiaman Their peoples entitlements would come from the reforms that have been promised. That sounds like they are gearing for a change in an exchange rate when using the word entitlements. As exchange rate change will be needed to give the citizens their purchasing power, this year not next...The two having the meeting today, is all a part of the reforms, imo. It shows the solidarity is in tack.. imo [Post 2 of 2]
5-9-2022 Newshound Guru Militiaman Article: "Saleh and Al-Kazemi confirm support for dialogue in resolving outstanding issues and launching". A fresh meeting with the President and the Prime Minister today on topics like security, stability solidarity, consolidating ranks and moving towards meeting the national entitlements...These items have serious implications for the future. They are working like a government that has the people on their agenda. [Post 1 of 2....stay tuned]
5-9-2022 Intel Guru MarkZ [via PDK] ...good articles out of Iraq today. Article: “ Financial advisor to the Prime Minister: Financeil abundance is a historic opportunity for Iraq.” They even talked in depth about how it will cost them .6 cents per bill to delete the zeros or printing and replacing the physical notes...but they added that this will not increase purchasing power. That is one of their key issues. So now that they are ISO compliant and can be international….it is time to do both….increase the purchasing power and delete the zeros. This is conversation over the weekend on Iraqi television. Time to get this abundance to the people …I think this is positive stuff.
5-9-2022 Newshound Guru Militiaman In my view this one has rate implications. The emergency food support bill is what many countries deem as security issues and interestingly enough, there is a food law being talked about in Iraq and even the UST has talked of this topic too. If this is the same thing, there is a rate to be had with it or behind it. We have heard that food security is important and a security issue and a reason the Federal Court Ruled that the present Caretaker Government can get things passed if need be for the benefit of the people, therefore, they will need to secure it with purchase power., i.e., a new exchange rate.
5-9-2022 Newshound/Intel Guru Walkingstick Question: "Do you think the rate will float to hit its maximum within say 6 to 8 months?" No way, it's still a developing country. It could take a couple years.
5-9-2022 Intel Guru Frank26 Is the ISO what pulls the trigger to the monetary reform...NSCN and new exchange rate...? No. But it is a necessary platform to...go international. Then what is going to...[pull the triger]? I've told you, 'Show me a seated government...'
5-9-2022 Newshound Guru Kaperoni If we would like to see the Iraqi dinar go up in value (which I think we all would like), our best bet is for them to build a private sector market economy and allow it to grow over time. Such an event would allow the exchange rate of the dinar to also gradually appreciate.
5-9-2022 Intel Guru MarkZ [via PDK] I am hoping this is our “Boom Week”. I am hearing there will be big meetings on Wed in Iraq with the finance minister and CBI and IMF representatives.
5-9-2022 Newshound Guru Pimpy It always feels like we're right on the edge of getting there. It looks like things are going in the right direction and then there's always these little hurdles but at at least they're not going two steps forward and ten steps back like they used to. Now it's more like they're going two steps forward and a half step back every now and then. Still looking good but dealing with a lot of B.S...Iraq is teetering right there at the doorstep. They really are...
5-9-2022 Newshound Guru Militiaman Their peoples entitlements would come from the reforms that have been promised. That sounds like they are gearing for a change in an exchange rate when using the word entitlements. As exchange rate change will be needed to give the citizens their purchasing power, this year not next...The two having the meeting today, is all a part of the reforms, imo. It shows the solidarity is in tack.. imo [Post 2 of 2]
5-9-2022 Newshound Guru Militiaman Article: "Saleh and Al-Kazemi confirm support for dialogue in resolving outstanding issues and launching". A fresh meeting with the President and the Prime Minister today on topics like security, stability solidarity, consolidating ranks and moving towards meeting the national entitlements...These items have serious implications for the future. They are working like a government that has the people on their agenda. [Post 1 of 2....stay tuned]
5-8-2022 Intel Guru MarkZ [via PDK] I am hearing great things out of Iraq, but their value has not changed yet...the only RV news for the day is Sadr has summoned the finance minister and the CBI Governor to meet on the 12th of May. My Iraqi sources are looking for a “Public” release from that meeting. I got this from a couple of sources that made me feel very good. Some sources in Iraq and some sources out of Iraq. I think we are in the final days. This lines up with well with what my DC insiders are saying.
5-8-22 Newshound Guru Kaperoni Former deputy CBI gov and economic adviser to the PM Muhammed Salih stated that Iraq is worth about $16 trillion dollars including oil and all minerals in the ground. So there...$16 trillion dollars!
5-8-2022 Newshound Guru Pimpy Article: "Al-Kazemi's advisor puts forward a proposal to double growth rates". Oh, yeah baby! That's what we want to see! Quote: "Saleh proposed on Saturday to raise the volume of investment in six sectors to double growth rates..." ...Iraq needs to take that money that they make from the oil revenue and start rebuilding a lot of the different sectors...which has been happening ever since Al-Kazemi has been in office...if we're thinking about changing the overall exchange rate of the Iraqi dinar you must first have a very secure economy...the private sectors - let's get them rocking and rolling!
5-8-2022 Intel Guru Frank26 Article: "Iraq...Ambiguity surrounding the 2022 budget" What's in the budget... the new exchange rate... Quote: "calls to restore the exchange rate of the dinar against the dollar to its previous era." There is no ambiguity.
5-8-2022 Newshound Guru Militiaman Sadr...gave a 40 day period out to the Coordination Framework to form a government and they are said to have failed. Also, this week we have seen that Sadr gave the independents up to 15 days to form a government with the Sadr's block. An article suggests that the Independents could actually get on board within days and wa-laa here we are seeing them meeting tomorrow...there was approximately 220 seats under Sadr that didn't get him the 2/3 majority. But, if the independents come on board adding 35+- seats may give Sadr what he needs to form the government.
5-8-2022 Intel Guru Frank26 The ISO was to put the IQD in a position to go international. For trading International. To pay their bills in their own currency. To deal with cross-border payments. This is huge. It's a platform to go international. This is the window for the IQD to go outside of its borders and float. Or fix it. I don't care you can do whatever you want now...They're going to float it in my opinion.
5-8-22 Newshound Guru Kaperoni Former deputy CBI gov and economic adviser to the PM Muhammed Salih stated that Iraq is worth about $16 trillion dollars including oil and all minerals in the ground. So there...$16 trillion dollars!
5-8-2022 Newshound Guru Pimpy Article: "Al-Kazemi's advisor puts forward a proposal to double growth rates". Oh, yeah baby! That's what we want to see! Quote: "Saleh proposed on Saturday to raise the volume of investment in six sectors to double growth rates..." ...Iraq needs to take that money that they make from the oil revenue and start rebuilding a lot of the different sectors...which has been happening ever since Al-Kazemi has been in office...if we're thinking about changing the overall exchange rate of the Iraqi dinar you must first have a very secure economy...the private sectors - let's get them rocking and rolling!
5-8-2022 Intel Guru Frank26 Article: "Iraq...Ambiguity surrounding the 2022 budget" What's in the budget... the new exchange rate... Quote: "calls to restore the exchange rate of the dinar against the dollar to its previous era." There is no ambiguity.
5-8-2022 Newshound Guru Militiaman Sadr...gave a 40 day period out to the Coordination Framework to form a government and they are said to have failed. Also, this week we have seen that Sadr gave the independents up to 15 days to form a government with the Sadr's block. An article suggests that the Independents could actually get on board within days and wa-laa here we are seeing them meeting tomorrow...there was approximately 220 seats under Sadr that didn't get him the 2/3 majority. But, if the independents come on board adding 35+- seats may give Sadr what he needs to form the government.
5-8-2022 Intel Guru Frank26 The ISO was to put the IQD in a position to go international. For trading International. To pay their bills in their own currency. To deal with cross-border payments. This is huge. It's a platform to go international. This is the window for the IQD to go outside of its borders and float. Or fix it. I don't care you can do whatever you want now...They're going to float it in my opinion.
5-7-2022 Newshound Guru Deepwoodz [Response to Newshound Guru Militiaman below ] Imo…Same wavelength… An independent bloc announces its acceptance of al-Sadr's initiative to form a "national" government. Article reference "Al-Khafaji said that "contacts took place yesterday between 35 independent deputies" Last time they had a quorum of about 200 if I’m not mistaken. If 35 were added then…… :)
5-7-2022 Intel Guru MarkZ [via PDK] There is so many expectations and festivities going on in Iraq I am surprised there isn’t more news….Iraq sources are eerily quiet...I have heard we can expect a complete blackout from the country when the Rate release happens…but it just may be because it’s a weekend. Kuwait did its best to keep their rate change a secret for 10 days. I don’t think that in today’s world this would be possible with our technology…
5-7-2022 Newshound Guru Kaperoni Every year the IMF usually meets with each member state and does a thorough evaluation including recommendations of their banking system it's called the Article IV Consultation. Iraq should be having theirs over the next few months for the year 2022. These documents are about as complete as it gets when it comes to progress, development and integration into the global financial system...
5-7-2022 Newshound Guru MilitiaMan [Reply to Newshound Guru Godlover below] I have not seen one or more articles to suggest that, in respect to June...Even if it is out to June based off news, it is not far off. But, what looks more promising is the below from Sadr... Article quote "Earlier, independent MP Hassan Al-Khafaji revealed to Shafak News Agency that a meeting will be held by the independent representatives next week to discuss the initiatives of the coordination framework and the Sadrist movement and to come up with a solution to end the political blockage."
5-7-2022 Newshound Guru Godlover Article: "Last-minute initiatives... "balance of pressure" between the frame and the chest exacerbates the blockage" I am beginning to wonder if this can ever be resolved without another election. Anyway, I can't see it being resolved anytime soon. One or more articles spoke of the end of June to resolve the current political impasse I believe & I certainly would not be surprised.
5-7-2022 Newshound Guru Pimpy Question: "Which dinar are we supposed to buy?" Nothing before 2003...25000, the 10,000 one in green, 5000...the most commonly bought one is the 25000 dinar. Some people have the 10,000. Some people have the 50,000. I have the fifty thousand, the twenty five thousand, the 10 and the 5 thousand...anything after 2003 should be fine.
5-7-2022 Newshound Guru Clare Article: "Last-minute initiatives... "balance of pressure" between the frame and the chest exacerbates the blockage". Quote: "With the end of the deadline comes a new failure in the attempts of the framework or the movement to find an understanding with the other forces in order to set a new date for holding a parliament session, dedicated to electing a new president of the republic, and completing the constitutional entitlements represented by forming a new government."
5-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] ...Deleting the zeros alone does not give increase in purchasing power. It's a collective project. FRANK: This is the time when all they will talk about is the deletion of the 3 zeros from the exchange rate to add value to your currency and you are beholding it. The ISO20022 is the door for your currency to go international. And when the IMF gave it to the CBI last week we all went crazy...[Post 2 of 2]
5-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Accounting experts saying deleting zeros would cost the government 6 cents for each note and that it would help citizens carry less money and would be much easier as for accounting issues however this has to be included with the Council of Ministers and Parliament to actually add value for purchasing power... [Post 1 of 2....stay tuned]
5-7-2022 Intel Guru MarkZ [via PDK] ...The IMF made a statement earlier this week and are pushing for Iraq to increase their rate or strengthen their currency. Give it a higher value…so we know that it is imminent…we just don’t know the exact time. ...Military contacts are saying that mid –month is still their timeframe…Iraqi contacts are squarely looking at the start of next week as well. …It’s all positive. We don’t know the exact timing but it appears we are exceptionally close…this is from all kinds of different sources...not just one.
5-7-2022 Intel Guru MarkZ [via PDK] There is so many expectations and festivities going on in Iraq I am surprised there isn’t more news….Iraq sources are eerily quiet...I have heard we can expect a complete blackout from the country when the Rate release happens…but it just may be because it’s a weekend. Kuwait did its best to keep their rate change a secret for 10 days. I don’t think that in today’s world this would be possible with our technology…
5-7-2022 Newshound Guru Kaperoni Every year the IMF usually meets with each member state and does a thorough evaluation including recommendations of their banking system it's called the Article IV Consultation. Iraq should be having theirs over the next few months for the year 2022. These documents are about as complete as it gets when it comes to progress, development and integration into the global financial system...
5-7-2022 Newshound Guru MilitiaMan [Reply to Newshound Guru Godlover below] I have not seen one or more articles to suggest that, in respect to June...Even if it is out to June based off news, it is not far off. But, what looks more promising is the below from Sadr... Article quote "Earlier, independent MP Hassan Al-Khafaji revealed to Shafak News Agency that a meeting will be held by the independent representatives next week to discuss the initiatives of the coordination framework and the Sadrist movement and to come up with a solution to end the political blockage."
5-7-2022 Newshound Guru Godlover Article: "Last-minute initiatives... "balance of pressure" between the frame and the chest exacerbates the blockage" I am beginning to wonder if this can ever be resolved without another election. Anyway, I can't see it being resolved anytime soon. One or more articles spoke of the end of June to resolve the current political impasse I believe & I certainly would not be surprised.
5-7-2022 Newshound Guru Pimpy Question: "Which dinar are we supposed to buy?" Nothing before 2003...25000, the 10,000 one in green, 5000...the most commonly bought one is the 25000 dinar. Some people have the 10,000. Some people have the 50,000. I have the fifty thousand, the twenty five thousand, the 10 and the 5 thousand...anything after 2003 should be fine.
5-7-2022 Newshound Guru Clare Article: "Last-minute initiatives... "balance of pressure" between the frame and the chest exacerbates the blockage". Quote: "With the end of the deadline comes a new failure in the attempts of the framework or the movement to find an understanding with the other forces in order to set a new date for holding a parliament session, dedicated to electing a new president of the republic, and completing the constitutional entitlements represented by forming a new government."
5-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] ...Deleting the zeros alone does not give increase in purchasing power. It's a collective project. FRANK: This is the time when all they will talk about is the deletion of the 3 zeros from the exchange rate to add value to your currency and you are beholding it. The ISO20022 is the door for your currency to go international. And when the IMF gave it to the CBI last week we all went crazy...[Post 2 of 2]
5-7-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Accounting experts saying deleting zeros would cost the government 6 cents for each note and that it would help citizens carry less money and would be much easier as for accounting issues however this has to be included with the Council of Ministers and Parliament to actually add value for purchasing power... [Post 1 of 2....stay tuned]
5-7-2022 Intel Guru MarkZ [via PDK] ...The IMF made a statement earlier this week and are pushing for Iraq to increase their rate or strengthen their currency. Give it a higher value…so we know that it is imminent…we just don’t know the exact time. ...Military contacts are saying that mid –month is still their timeframe…Iraqi contacts are squarely looking at the start of next week as well. …It’s all positive. We don’t know the exact timing but it appears we are exceptionally close…this is from all kinds of different sources...not just one.
5-6-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Oil Minister is saying just last month oil revenue was over $10 billion. This is just one month revenue. Then the economic experts came on TV and said it's time for Iraqi citizens to share in this wealth and Iraq needs to show the true value of their currency. Saying Iraq is losing billions with a program rate. FRANK: ...This is a dream come true...
5-6-2022 Intel Guru Bruce [via WiserNow] ...The latest thing I got...on our timing is pointing to...us...to get notified and get started the middle of next week...so that would be the 10th 11th and or 12th - Tues – Wed – Thurs... by the intel I had today starting middle of next week...that’s what I’ve got...I’m excited...
5-6-2022 Newshound Guru Kaperoni Article XIV under the IMF Charter is a necessity first and foremost before any bank would even consider doing business with Iraq. All this talk about ISO 20022 is nonsense at this time...has nothing to do with Iraq's exchange rate. Iraq isn't even an IMF Article XIV...
5-6-2022 Intel Gurus Mike Cottrell & MarkZ [via PDK] Mike Cottrell: ... everything looks to be gearing up. We are seeing some very positive activity and possibly the rollover or RV somewhere around the middle of this month. IMO that is where we are...We are looking at a very good time right now and I think we are almost there. MarkZ: I agree with you based on everything we are seeing come together.
5-6-2022 Newshound Guru Pimpy It's kind of hard to figure out what direction Iraq is going to go into without the new government there. You're not going to see any kind of rate change until this government is formed and firmly on its feet and running. That's just a cold hard truth...I'm not trying to be the bearer of bad news I'm the one that's just saying let's stay grounded...
5-6-2022 Intel Guru Frank26 Article: "After the failure of the coordination framework to form it... Al-Sadr calls on independent representatives to form a government without Sadrist ministers" "Independent MPs will meet next week to discuss the Sadr and Framework initiatives" They're telling you, 'we have a political agreement. We've had it' ...this political agreement will lead to a seated government, will lead to the budget, will lead to reforms, will lead to the white papers, will lead to the new exchange rate, will lead to the small category notes for the citizens. The new exchange rate is mainly for the external outside usage where the NSCN are for the citizens inside of Iraq...
5-6-2022 Intel Guru MarkZ [via PDK] [Is it true we will have to pay capital gains tax on our exchange?] I do not think we will have to…but I am prepared in case they do... [Always check with your tax professional at the appropriate time.]
5-6-2022 Intel Guru Bruce [via WiserNow] ...The latest thing I got...on our timing is pointing to...us...to get notified and get started the middle of next week...so that would be the 10th 11th and or 12th - Tues – Wed – Thurs... by the intel I had today starting middle of next week...that’s what I’ve got...I’m excited...
5-6-2022 Newshound Guru Kaperoni Article XIV under the IMF Charter is a necessity first and foremost before any bank would even consider doing business with Iraq. All this talk about ISO 20022 is nonsense at this time...has nothing to do with Iraq's exchange rate. Iraq isn't even an IMF Article XIV...
5-6-2022 Intel Gurus Mike Cottrell & MarkZ [via PDK] Mike Cottrell: ... everything looks to be gearing up. We are seeing some very positive activity and possibly the rollover or RV somewhere around the middle of this month. IMO that is where we are...We are looking at a very good time right now and I think we are almost there. MarkZ: I agree with you based on everything we are seeing come together.
5-6-2022 Newshound Guru Pimpy It's kind of hard to figure out what direction Iraq is going to go into without the new government there. You're not going to see any kind of rate change until this government is formed and firmly on its feet and running. That's just a cold hard truth...I'm not trying to be the bearer of bad news I'm the one that's just saying let's stay grounded...
5-6-2022 Intel Guru Frank26 Article: "After the failure of the coordination framework to form it... Al-Sadr calls on independent representatives to form a government without Sadrist ministers" "Independent MPs will meet next week to discuss the Sadr and Framework initiatives" They're telling you, 'we have a political agreement. We've had it' ...this political agreement will lead to a seated government, will lead to the budget, will lead to reforms, will lead to the white papers, will lead to the new exchange rate, will lead to the small category notes for the citizens. The new exchange rate is mainly for the external outside usage where the NSCN are for the citizens inside of Iraq...
5-6-2022 Intel Guru MarkZ [via PDK] [Is it true we will have to pay capital gains tax on our exchange?] I do not think we will have to…but I am prepared in case they do... [Always check with your tax professional at the appropriate time.]
5-5-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Television news is showing alliance groups has signatures to request a session on May 7th to vote for a president and also vote on the budget... FRANK: ...The 7th is going to be an interesting day unless they do the same nonsense, 'We postpone it.' I don't think so though. This is being laser focused...concentrated on what they are doing...we await to see the outcome.
5-5-2022 Newshound Guru Sandy Ingram The policies surrounding the exchange of the old currency, the dinar we hold, and the newly printed currency, which no one is admitting to, will determine who can exchange the old currency to the new. They could limit the exchange to Iraqi citizens and countries or they could only exchange currency inside of the country, meaning you...would need to travel to Iraq in order to exchange the currency. And while you're there...build up the tourist industry...Once the exchange period is over Iraq could...purely as speculation...float the new currency...we will have to see. [Post 2 of 2]
5-5-2022 Newshound Guru Sandy Ingram A few of you have mentioned...you have trouble believing Iraq will ever revalue their currency because they have overprinted the money. This is a valid concern. Some people believe Iraq will have the necessary income [Because of oil] to rebuild the country, create new jobs, along with enough cash flow to maintain the government...pay Iran for electricity, clean up the rivers, smother corruption and print new currency. [Post 1 of 2....stay tuned]
5-5-2022 Newshound Guru Kaperoni [Response to Newshound Guru Pimpy 5-4-2022] Guru Pimpy thinks because Iraq's revenues are predicting to rise they should raise the exchange rate. It's going to take more than a prediction for Iraq's exchange rate to rise, they actually have to begin to accomplish building a private sector economy and increase GDP...And even then it will not rise overnight it's going to take a long time for the dinar to gradually appreciate as a result of the success of the growth of Iraq's economy...
5-5-2022 Newshound Guru Pimpy It's still a hot mess over in Iraq politically but things will start to change once Sadr comes out of seclusion. I'm curious to hear what his statement is going to be and if he mobilizes his people at all in order to make a statement. He gave the Coordination Framework 40 days. The 40 days has come to pass. What does that mean? What can he do? What is he going to do? All eyes are on Sadr...
5-5-2022 Intel Guru MarkZ [via PDK] There is some back and forth out of Iraq that it may take longer now to seat their politicians. Many conflicting articles out there right now. The same kind of back and forth we saw in Kuwait in the weeks leading up to their RV. So don’t panic everytime you see a piece of news…i am still hearing very positive news. Iraqi contacts are still hearing to watch between the 7th and the 10th. Redemption folks were told they are on call this weekend. Military folks are very stoked for something to happen mid- month…which we are quickly approaching.
5-5-2022 Newshound/Intel Guru Walkingstick [via Frank] If we do have a government established by the 7th or the 12th that's going to trigger a lot of events that are important to you and I and the citizens concerning the monetary reform...if there is a seated government by Saturday Walkingstick's bank friends are going to call and tell him what the CBI is telling the banks what the next steps will be...
5-5-2022 Intel Guru Frank26 May the 7th that's interesting isn't it. They're also talking about May the 12th...I'm not giving you these dates because that's when it's going to happen. These dates are more belonging to the possibility of Iraq actually having a government. The first one was May 7th. Now they're talking about May 12th too.
5-5-2022 Intel Guru Bruce ...the latest we had ...is pointing toward us still going this week and I’m hearing 4th - 5th or 6th that would be Wed – Thursday – Friday – of this week – for notifications to come out...It could very well happen this week...
5-5-2022 Newshound Guru Sandy Ingram The policies surrounding the exchange of the old currency, the dinar we hold, and the newly printed currency, which no one is admitting to, will determine who can exchange the old currency to the new. They could limit the exchange to Iraqi citizens and countries or they could only exchange currency inside of the country, meaning you...would need to travel to Iraq in order to exchange the currency. And while you're there...build up the tourist industry...Once the exchange period is over Iraq could...purely as speculation...float the new currency...we will have to see. [Post 2 of 2]
5-5-2022 Newshound Guru Sandy Ingram A few of you have mentioned...you have trouble believing Iraq will ever revalue their currency because they have overprinted the money. This is a valid concern. Some people believe Iraq will have the necessary income [Because of oil] to rebuild the country, create new jobs, along with enough cash flow to maintain the government...pay Iran for electricity, clean up the rivers, smother corruption and print new currency. [Post 1 of 2....stay tuned]
5-5-2022 Newshound Guru Kaperoni [Response to Newshound Guru Pimpy 5-4-2022] Guru Pimpy thinks because Iraq's revenues are predicting to rise they should raise the exchange rate. It's going to take more than a prediction for Iraq's exchange rate to rise, they actually have to begin to accomplish building a private sector economy and increase GDP...And even then it will not rise overnight it's going to take a long time for the dinar to gradually appreciate as a result of the success of the growth of Iraq's economy...
5-5-2022 Newshound Guru Pimpy It's still a hot mess over in Iraq politically but things will start to change once Sadr comes out of seclusion. I'm curious to hear what his statement is going to be and if he mobilizes his people at all in order to make a statement. He gave the Coordination Framework 40 days. The 40 days has come to pass. What does that mean? What can he do? What is he going to do? All eyes are on Sadr...
5-5-2022 Intel Guru MarkZ [via PDK] There is some back and forth out of Iraq that it may take longer now to seat their politicians. Many conflicting articles out there right now. The same kind of back and forth we saw in Kuwait in the weeks leading up to their RV. So don’t panic everytime you see a piece of news…i am still hearing very positive news. Iraqi contacts are still hearing to watch between the 7th and the 10th. Redemption folks were told they are on call this weekend. Military folks are very stoked for something to happen mid- month…which we are quickly approaching.
5-5-2022 Newshound/Intel Guru Walkingstick [via Frank] If we do have a government established by the 7th or the 12th that's going to trigger a lot of events that are important to you and I and the citizens concerning the monetary reform...if there is a seated government by Saturday Walkingstick's bank friends are going to call and tell him what the CBI is telling the banks what the next steps will be...
5-5-2022 Intel Guru Frank26 May the 7th that's interesting isn't it. They're also talking about May the 12th...I'm not giving you these dates because that's when it's going to happen. These dates are more belonging to the possibility of Iraq actually having a government. The first one was May 7th. Now they're talking about May 12th too.
5-5-2022 Intel Guru Bruce ...the latest we had ...is pointing toward us still going this week and I’m hearing 4th - 5th or 6th that would be Wed – Thursday – Friday – of this week – for notifications to come out...It could very well happen this week...
5-4-2022 Intel Guru Frank26 There was a major announcement [ISO20022]...the closest thing to it [that announcement] would be for them to tell you what the new exchange rate is. This [ISO20022] allows them to tell you what the new exchange rate is. It's extremely exciting.
5-4-2022 Intel Guru MarkZ [via PDK] [Do you think the RV will happen even if Iraq doesn’t have its government in place?] Yes…at some point …They have already made it very clear the CBI has the authority to do it. The CBI is separate from the GOI and the IMF is screaming at the CBI to change the value of the dinar alread.
5-4-2022 Newshound Guru Kaperoni Question "if Iraq creates a LOP how are investors impacted?" The proposed idea is a neutral event. Meaning they'll be very little gain. We do not want to see this occur. There are many economists in Iraq that do not agree with a LOP and think that Iraq should leave the dinar alone and grow the economy.
5-4-2022 Newshound Guru Pimpy Article: "Despite the Sadrists' statement, the coordination framework announces an effective rapprochement at the beginning of next month" Here the Coordination Framework announced...everything is honky dory. The coordination Framework will join up with Sadr movement and they will form the largest block. They're making it sound like everything is peaches and cream...only to have Sadr come behind them and deny them all together...
5-4-2022 Intel Guru Frank26 Article: "Ahmed Al-Rubaie to / NINA /: The political forces with a quick solution to the political blockage..and no indications to proceed with early elections" MAY 7TH.
5-4-2022 Intel Guru MarkZ [via PDK] Iraqi contacts are squarely looking at between the 7th and the 10th for a new currency rate...I was told weeks ago to watch between the 5th and the 7th for a new rate…now it looks like its between the 7th and the 10th. I did get more news on tier 3. All I can say without getting anyone in trouble…is on a different continent I have a tier 3 contact that says “yes-some tier 3 money has moved”...it does appear to be a slow roll-out…or maybe it’s just a warm-up…but I am very excited about it. [What are your military contacts saying?] They are looking squarely at mid–May. They are expecting huge changes over the next week and a half.
5-4-2022 Newshound Guru Clare Article: "The International Monetary Fund expects a jump in Iraq's public revenues of nearly $150 billion" Quote: "it is expected that the Arab oil-exporting countries will witness jumps in their revenues during the current year, in conjunction with the rise in oil prices globally," noting that "it is expected that Iraq's revenues during 2022 will reach 149 billion dollars." And an annual change rate of 73 percent from 2021."
5-4-2022 Newshound Guru Pimpy Article: "International Monetary: Iraq's Revenues Will Reach Nearly 150 Billion Dollars In 2022". This is awesome, awesome news. This is something that people should be excited about because this is a big portion of a good reason to change the exchange rate (but not all the reasons)... Quote: "the IMF expected that Iraq will achieve a jump in it's public revenues during the 2022 year...with annual change rate of 73% over the 2021 year." That is phenomenal. That's a huge jump.
5-4-2022 Intel Guru Fleming The IMF told IRAQ that $3.23 USD would be a fair price per Dinar. Iraq won’t start with this rate to the world, it will begin with a front screen rate of 1 IQD to $1 USD which has long been discussed. Then, it is suspected that in 5 to 10 days, it will go to this price and possibly beyond. No doubt, they want to capture all of the poor people first rushing in to get this 1:1 rate.
5-4-2022 Intel Guru MarkZ [via PDK] [Do you think the RV will happen even if Iraq doesn’t have its government in place?] Yes…at some point …They have already made it very clear the CBI has the authority to do it. The CBI is separate from the GOI and the IMF is screaming at the CBI to change the value of the dinar alread.
5-4-2022 Newshound Guru Kaperoni Question "if Iraq creates a LOP how are investors impacted?" The proposed idea is a neutral event. Meaning they'll be very little gain. We do not want to see this occur. There are many economists in Iraq that do not agree with a LOP and think that Iraq should leave the dinar alone and grow the economy.
5-4-2022 Newshound Guru Pimpy Article: "Despite the Sadrists' statement, the coordination framework announces an effective rapprochement at the beginning of next month" Here the Coordination Framework announced...everything is honky dory. The coordination Framework will join up with Sadr movement and they will form the largest block. They're making it sound like everything is peaches and cream...only to have Sadr come behind them and deny them all together...
5-4-2022 Intel Guru Frank26 Article: "Ahmed Al-Rubaie to / NINA /: The political forces with a quick solution to the political blockage..and no indications to proceed with early elections" MAY 7TH.
5-4-2022 Intel Guru MarkZ [via PDK] Iraqi contacts are squarely looking at between the 7th and the 10th for a new currency rate...I was told weeks ago to watch between the 5th and the 7th for a new rate…now it looks like its between the 7th and the 10th. I did get more news on tier 3. All I can say without getting anyone in trouble…is on a different continent I have a tier 3 contact that says “yes-some tier 3 money has moved”...it does appear to be a slow roll-out…or maybe it’s just a warm-up…but I am very excited about it. [What are your military contacts saying?] They are looking squarely at mid–May. They are expecting huge changes over the next week and a half.
5-4-2022 Newshound Guru Clare Article: "The International Monetary Fund expects a jump in Iraq's public revenues of nearly $150 billion" Quote: "it is expected that the Arab oil-exporting countries will witness jumps in their revenues during the current year, in conjunction with the rise in oil prices globally," noting that "it is expected that Iraq's revenues during 2022 will reach 149 billion dollars." And an annual change rate of 73 percent from 2021."
5-4-2022 Newshound Guru Pimpy Article: "International Monetary: Iraq's Revenues Will Reach Nearly 150 Billion Dollars In 2022". This is awesome, awesome news. This is something that people should be excited about because this is a big portion of a good reason to change the exchange rate (but not all the reasons)... Quote: "the IMF expected that Iraq will achieve a jump in it's public revenues during the 2022 year...with annual change rate of 73% over the 2021 year." That is phenomenal. That's a huge jump.
5-4-2022 Intel Guru Fleming The IMF told IRAQ that $3.23 USD would be a fair price per Dinar. Iraq won’t start with this rate to the world, it will begin with a front screen rate of 1 IQD to $1 USD which has long been discussed. Then, it is suspected that in 5 to 10 days, it will go to this price and possibly beyond. No doubt, they want to capture all of the poor people first rushing in to get this 1:1 rate.
5-3-2022 Intel Guru MarkZ [via PDK] …we have had 2 very solid confirmations from Tier 3 and them having received small bank wires…compared to what they are owed. Test wires. And that tells us (imo) that real money has started moving in tier 3…This is exciting. I think this is fantastic news...I have some very large folks in tier 3 that have not seen any movement yet. So I think we are in the very beginning of this. Hopefully we will get more reports of payments by tomorrow. Maybe we will have a phenomenal update tomorrow...
5-3-2022 Newshound Guru Pimpy Sadr gave the Coordination Framework 40 days to try to form the government. If a new government is formed we know Sadr did not have a part in that. It looks like Sadr's 40 days are at the end or have ended so we're about to find out what it is that Sadr had in mind. Some type of announcement should come out.
5-3-2022 Newshound Guru Kaperoni For the central bank to be in agreement with the World Bank and IMF to continually improve and build their banking system, compliance, etc is a good thing! It will eventually provide them with the tools and skill to engage with the global financial system...But Iraq's exchange rate will never be a random act, it'll be based on sound economic policies and the growth of Iraq's economy and private sector. [Post 2 of 2]
5-3-2022 Newshound Guru Kaperoni After reviewing the monetary policy of the Central Bank of Iraq has posted on the Central Bank of Iraq's website for the period 2016 to 2020 it does confirm Iraq is in development of a financial system in accordance with ISO 20022...It also states that Iraq is planning to restructure the currency taking measures to delete the three zeros and issue a new dinar (which is a LOP). This confirms what is currently being taught to citizens during symposiums. [Post 1 of 2...stay tuned]
5-3-2022 Intel Guru MarkZ [via PDK] We have had a lot of news happen over the last couple of days. We have the Iraqi President screaming that they need to end all the political blockades and get this all done by May 7th. The IMF came out and said it is time for Iraq to adjust and strengthen their currency. (ie: change the value on it) Now let’s talk about the “Rumormill” from my contacts. We are hearing that Tier 3 will start today...doing small transactions first on the tier 3 level to make sure everything is secure and then move forward...So, once again we appear to be sitting on the edges of our seats. We are in a fantastic position and have seen a lot of progress over the last 48 hours…
5-3-2022 Intel Guru Frank26 This breaks the shackles. This breaks the chains. Article VIII was extremely important. Chapter VII was extremely important. But this is busting the door wide open...The ISO has been around since 2013/14 but it just now being given to Iraq/CBI. What caused it to be given to them? An Addendum...to slowly remove the Swift system...this is major. This is huge...This is a request from the IMF for the dinar to be asset backed...it allows the IQD via the ISO compliance to be international...the ISO is simply a platform for the IQD to go international... [Post 2 of 2]
5-3-2022 Intel Guru Frank26 IMO it was for me to say to you something major will happen in the month of April in Iraq concerning their monetary reform. It was called the International Standardization Organization (ISO20022) and it was announced last Thursday officially. You need to understand this is major. This is huge...this was signed around the 22nd of April...why would this announcement be coming just now last Thursday? The world is 'timing'... [Post 1 of 2...stay tuned]
5-3-2022 Newshound/Intel Guru Mnt Goat ...Getting a government formed sooner than later hinges on two events. One is that they do take a vote on the new president on May 7th and second then move ahead to vote on the new prime minister. Any other actions will postpone the new government from being formed maybe for months...so let’s hope on May 7th they can settle this election.
5-3-2022 Newshound Guru Pimpy Sadr gave the Coordination Framework 40 days to try to form the government. If a new government is formed we know Sadr did not have a part in that. It looks like Sadr's 40 days are at the end or have ended so we're about to find out what it is that Sadr had in mind. Some type of announcement should come out.
5-3-2022 Newshound Guru Kaperoni For the central bank to be in agreement with the World Bank and IMF to continually improve and build their banking system, compliance, etc is a good thing! It will eventually provide them with the tools and skill to engage with the global financial system...But Iraq's exchange rate will never be a random act, it'll be based on sound economic policies and the growth of Iraq's economy and private sector. [Post 2 of 2]
5-3-2022 Newshound Guru Kaperoni After reviewing the monetary policy of the Central Bank of Iraq has posted on the Central Bank of Iraq's website for the period 2016 to 2020 it does confirm Iraq is in development of a financial system in accordance with ISO 20022...It also states that Iraq is planning to restructure the currency taking measures to delete the three zeros and issue a new dinar (which is a LOP). This confirms what is currently being taught to citizens during symposiums. [Post 1 of 2...stay tuned]
5-3-2022 Intel Guru MarkZ [via PDK] We have had a lot of news happen over the last couple of days. We have the Iraqi President screaming that they need to end all the political blockades and get this all done by May 7th. The IMF came out and said it is time for Iraq to adjust and strengthen their currency. (ie: change the value on it) Now let’s talk about the “Rumormill” from my contacts. We are hearing that Tier 3 will start today...doing small transactions first on the tier 3 level to make sure everything is secure and then move forward...So, once again we appear to be sitting on the edges of our seats. We are in a fantastic position and have seen a lot of progress over the last 48 hours…
5-3-2022 Intel Guru Frank26 This breaks the shackles. This breaks the chains. Article VIII was extremely important. Chapter VII was extremely important. But this is busting the door wide open...The ISO has been around since 2013/14 but it just now being given to Iraq/CBI. What caused it to be given to them? An Addendum...to slowly remove the Swift system...this is major. This is huge...This is a request from the IMF for the dinar to be asset backed...it allows the IQD via the ISO compliance to be international...the ISO is simply a platform for the IQD to go international... [Post 2 of 2]
5-3-2022 Intel Guru Frank26 IMO it was for me to say to you something major will happen in the month of April in Iraq concerning their monetary reform. It was called the International Standardization Organization (ISO20022) and it was announced last Thursday officially. You need to understand this is major. This is huge...this was signed around the 22nd of April...why would this announcement be coming just now last Thursday? The world is 'timing'... [Post 1 of 2...stay tuned]
5-3-2022 Newshound/Intel Guru Mnt Goat ...Getting a government formed sooner than later hinges on two events. One is that they do take a vote on the new president on May 7th and second then move ahead to vote on the new prime minister. Any other actions will postpone the new government from being formed maybe for months...so let’s hope on May 7th they can settle this election.
5-2-2022 Intel Guru MarkZ [via PDK] [Clarification: Are we looking for us to go after May 7th because of Iraq???.] I think it would make more sense for us to go before Iraq announces it….
5-2-2022 Newshound Guru Kaperoni So what is ISO 20022? ... This new standard is simply a new set of international standards and procedures for global financial transactions...These new standards are being rolled out throughout the worlds banking with an expected completion date of 2025. I have yet to see anything that says Iraq is in compliance. And again, it has nothing to do with any RV of the dinar.
5-2-2022 Newshound/Intel Guru Mnt Goat Article: "UNITED STATES: IRAQ MUST FORM A NEW GOVERNMENT TO STOP INSTABILITY" Quote: "...the delay in this formation is delaying progress on these bilateral issues in all sectors including security, health care and the economy..." ...the CBI keeps telling us – in order to reinstate the dinar and then the RV they will need STABILTY and SECURITY. So, they have one but now need the stability of the government. They will need the new government to be formed first. It is all here now in black and white so there is no doubt this is the show stopper in the project to delete the zeros.
5-2-2022 Newshound Guru Pimpy Question: "When we do the exchange at the banks will there be capital gains taxes?" Yes. Capital gains tax on anything over $500 and gained value from your exchange. [NOTE: Consult your tax professionals at the appropriate time. Some gurus feel the exchange will be handled at ordinary income.]
5-2-2022 Intel Guru MarkZ [via PDK] Article: ”Al Kazemi’s advisor announces the Ministry of Finance‘s completion of the 2022 Budget” This is expected to go into effect on May 7th. Unless we get news stating otherwise …I think this is fantastic. So what do we have over the last week … Iraq is ISO compliant, a completed budget and we are also hearing they will have a completed government starting on May 7th. So we have a lot to look forward to over the coming days .
5-2-2022 Newshound Guru Kaperoni [Response to Guru Walkingstick 4-30-2022] ...Guru Walkingstick thinks Iraq has been destroying 25k notes. They may have been but it would have only been on a replacement basis which is the central bank's responsibility. Implying that they are reducing the money supply is nonsense. It is a known fact that the money supply has been increasing over the last year-and-a-half as a result of the reduction in exchange rate. It is now over 100 trillion dinar in circulation...
5-2-2022 Intel Guru Fleming Venezuela and Iraq have both fulfilled the ISO 20022 requirements and agree to participate in world trade with ISO 20022 compatible digital currency. A State-Backed, Asset-backed CBDC. This is the completion of the list of “first basket” countries we’ve been waiting for. According to...Military contacts, this is all we’ve been waiting for.
5-2-2022 Intel Guru MarkZ [via PDK] [Where will we exchange in the UK?] I am told HSBC is in charge of yours. And they will use bank locations with spare offices. They will not share those addresses until the event occurs. I am told you will have to sign an electronic NDA before they will tell you where. They don’t want locations leaked for security reasons.
5-2-2022 Newshound Guru Kaperoni So what is ISO 20022? ... This new standard is simply a new set of international standards and procedures for global financial transactions...These new standards are being rolled out throughout the worlds banking with an expected completion date of 2025. I have yet to see anything that says Iraq is in compliance. And again, it has nothing to do with any RV of the dinar.
5-2-2022 Newshound/Intel Guru Mnt Goat Article: "UNITED STATES: IRAQ MUST FORM A NEW GOVERNMENT TO STOP INSTABILITY" Quote: "...the delay in this formation is delaying progress on these bilateral issues in all sectors including security, health care and the economy..." ...the CBI keeps telling us – in order to reinstate the dinar and then the RV they will need STABILTY and SECURITY. So, they have one but now need the stability of the government. They will need the new government to be formed first. It is all here now in black and white so there is no doubt this is the show stopper in the project to delete the zeros.
5-2-2022 Newshound Guru Pimpy Question: "When we do the exchange at the banks will there be capital gains taxes?" Yes. Capital gains tax on anything over $500 and gained value from your exchange. [NOTE: Consult your tax professionals at the appropriate time. Some gurus feel the exchange will be handled at ordinary income.]
5-2-2022 Intel Guru MarkZ [via PDK] Article: ”Al Kazemi’s advisor announces the Ministry of Finance‘s completion of the 2022 Budget” This is expected to go into effect on May 7th. Unless we get news stating otherwise …I think this is fantastic. So what do we have over the last week … Iraq is ISO compliant, a completed budget and we are also hearing they will have a completed government starting on May 7th. So we have a lot to look forward to over the coming days .
5-2-2022 Newshound Guru Kaperoni [Response to Guru Walkingstick 4-30-2022] ...Guru Walkingstick thinks Iraq has been destroying 25k notes. They may have been but it would have only been on a replacement basis which is the central bank's responsibility. Implying that they are reducing the money supply is nonsense. It is a known fact that the money supply has been increasing over the last year-and-a-half as a result of the reduction in exchange rate. It is now over 100 trillion dinar in circulation...
5-2-2022 Intel Guru Fleming Venezuela and Iraq have both fulfilled the ISO 20022 requirements and agree to participate in world trade with ISO 20022 compatible digital currency. A State-Backed, Asset-backed CBDC. This is the completion of the list of “first basket” countries we’ve been waiting for. According to...Military contacts, this is all we’ve been waiting for.
5-2-2022 Intel Guru MarkZ [via PDK] [Where will we exchange in the UK?] I am told HSBC is in charge of yours. And they will use bank locations with spare offices. They will not share those addresses until the event occurs. I am told you will have to sign an electronic NDA before they will tell you where. They don’t want locations leaked for security reasons.
5-1-2022 Newshound Guru Kaperoni Current Prime Minister Al-Kazemi said yesterday when asked about the exchange rate of the dinar... "We do not have the magic wand to change reality in one fell swoop, but we have laid the foundations of normal life." That should be enough to tell people there is no RV!
5-1-2022 Intel Guru MarkZ [via PDK] “Al Kazemis advisors set conditions for deposit of the financial surplus in a sovereign fund.” In other words if they don’t have things set up for the 7th …they are going to put all this surplus in a special fund so they can address poverty. They are really moving forward right now. So on the 7th of May…looks like a lot of big things happening. Looks like we will have a President and a budget. Buckle up kids…It’s getting fun. [post 2 of 2]
5-1-2022 Intel Guru MarkZ [via PDK] Getting a lot of chatter out of Iraq…some important ones…they are talking May 7th they are going to seat the new president. And Al Kazemis advisor announces the ministry of finances completion of the 2022 budget. That is a big one. The technical advisor to the Prime Minister announced on Saturday evening the completion of the federal budget for the year 2022...The food security law is not a substitute for the budget...in other words they are moving forward with the full budget because they need to address runaway inflation and tripling of food costs. This is big guys… then we see... [post 1 of 2....stay tuned]
5-1-2022 Newshound Guru Pimpy If the dinar is at $1 for 1450 dinars buys you let's say...an apple, then all of a sudden the value of the dinar changes to $3.22 cents USD...the apple should not still be 1450 dinars...it would probably be .25 dinar or something like that... [Post 2 of 2]
5-1-2022 Newshound Guru Pimpy Question: "If the price of goods [inside Iraq] are technically the same after the revalue there really is no benefit to anyone [Iraqi people]?" Whoever owns the store, whoever owns the goods...they should have made the adjustment. They [the prices] shouldn't stay the same. That's where people in country are gonna notice a huge change in value. When your cost of goods, services and supplies change...especially one in which your purchasing power increased by 4069%... [Post 1 of 2....stay tuned]
5-1-2022 Newshound/Intel Guru Walkingstick Question: "Wouldn't it make more sense for them to come out at $3 or $4 to 1 right off the bat instead of a $1.50 or $2.00 since their economy is way better than it's been since 1970?" Well no because you have to factor in the REER [Real effective exchange rate]...
5-1-2022 Newshound/Intel Guru Mnt Goat Article: "ALLIANCE FOR THE PEOPLE ANNOUNCES THE SUBMISSION OF A REQUEST TO HOLD A SESSION FOR THE ELECTION OF THE PRESIDENT OF THE REPUBLIC" Quote: "...includes collecting signatures to hold a session on Saturday, May 7th the next step is to come up with a political solution to complete the parliamentary committees and pass the budget law...." Wow!!!! I did not know they wanted to also pass the budget law on May 7th as well and vote on the new president. This is a BIG day for Iraq.
5-1-2022 Intel Guru MarkZ [via PDK] “Al Kazemis advisors set conditions for deposit of the financial surplus in a sovereign fund.” In other words if they don’t have things set up for the 7th …they are going to put all this surplus in a special fund so they can address poverty. They are really moving forward right now. So on the 7th of May…looks like a lot of big things happening. Looks like we will have a President and a budget. Buckle up kids…It’s getting fun. [post 2 of 2]
5-1-2022 Intel Guru MarkZ [via PDK] Getting a lot of chatter out of Iraq…some important ones…they are talking May 7th they are going to seat the new president. And Al Kazemis advisor announces the ministry of finances completion of the 2022 budget. That is a big one. The technical advisor to the Prime Minister announced on Saturday evening the completion of the federal budget for the year 2022...The food security law is not a substitute for the budget...in other words they are moving forward with the full budget because they need to address runaway inflation and tripling of food costs. This is big guys… then we see... [post 1 of 2....stay tuned]
5-1-2022 Newshound Guru Pimpy If the dinar is at $1 for 1450 dinars buys you let's say...an apple, then all of a sudden the value of the dinar changes to $3.22 cents USD...the apple should not still be 1450 dinars...it would probably be .25 dinar or something like that... [Post 2 of 2]
5-1-2022 Newshound Guru Pimpy Question: "If the price of goods [inside Iraq] are technically the same after the revalue there really is no benefit to anyone [Iraqi people]?" Whoever owns the store, whoever owns the goods...they should have made the adjustment. They [the prices] shouldn't stay the same. That's where people in country are gonna notice a huge change in value. When your cost of goods, services and supplies change...especially one in which your purchasing power increased by 4069%... [Post 1 of 2....stay tuned]
5-1-2022 Newshound/Intel Guru Walkingstick Question: "Wouldn't it make more sense for them to come out at $3 or $4 to 1 right off the bat instead of a $1.50 or $2.00 since their economy is way better than it's been since 1970?" Well no because you have to factor in the REER [Real effective exchange rate]...
5-1-2022 Newshound/Intel Guru Mnt Goat Article: "ALLIANCE FOR THE PEOPLE ANNOUNCES THE SUBMISSION OF A REQUEST TO HOLD A SESSION FOR THE ELECTION OF THE PRESIDENT OF THE REPUBLIC" Quote: "...includes collecting signatures to hold a session on Saturday, May 7th the next step is to come up with a political solution to complete the parliamentary committees and pass the budget law...." Wow!!!! I did not know they wanted to also pass the budget law on May 7th as well and vote on the new president. This is a BIG day for Iraq.
4-30-2022 Intel Guru sheila [QFS??? Instant moving money in seconds vs days?] yep [u think this is one of the things we are waiting for?] Yes, part of supporting ISO 20022 compliance. My opinion only. ISO20022 is a driving force for financial, banking standards.
4-30-2022 Intel Guru MarkZ [via PDK] There was one very big piece of news...from Iraq . Iraq is now certified under ISO. So for all you folks talking about the ISO 20022 stuff…there you go. I know there has been a lot of chatter...about this …about how this could be a necessary piece...Well Iraq is now ready and everyone can quit worrying about Iraq on this one.
4-30-2022 Newshound/Intel Guru Walkingstick Question "When they start calling in the IQD three zeros will they start with higher denominations or the lower ones?" Higher. 25K notes. They have been doing that for years. They have destroyed million in 25K notes...
4-30-2022 Newshound Guru Pimpy They'll tell you how much is going to be deposited into your account. Give them the thumbs up. You're done. That's you and your bank. Now what happens is that bank - your local branch then does what? ...they send that currency over to the federal reserve. Or if they have enough people coming in buying Iraqi dinars, they might hold on to it and then use it because people are purchasing Iraq dinar. But if they have a large surplus of Iraqi dinar then they'll send it back over to the federal reserve...the Federal Reserve will either keep it on their book ad build up their foreign reserves [or send it to Iraq]... [Post 2 of 2]
4-30-2022 Newshound Guru Pimpy When the rate change happens, for the sake of this just to keep it simplistic, let's say lo and behold the next day it's $3.22. We're not all gonna pack our bags, get in our cars, jump on our boats, jump on a plane run to Iraq and exchange it. We don't exchange with the Iraqi banks. We exchange with our banks. Whatever country you're in if you have a bank that now has removed the restrictions off of the Iraqi dinar and they have acknowledged the rate of $3.22 you just walk on down there to your bank, show them the dinar, they'll verify it before they even deposit it. [Post 1 of 2....stay tuned]
4-30-2022 Intel Guru MarkZ [via PDK] Even though the news has been very quiet there is no changes in expectations. I am still hearing around the 7th through the 10th because if Iraq wraps things between the 3rd to the 7th….it gives them a 3 day window.
4-30-2022 Newshound Guru Kaperoni Guru Mtn Goat...says Iraq will not LOP...But of course that is exactly what the symposium's are educating the citizens about...a currency exchange neutral event. I hope they don't, but the only option is to improve the economy and create a private sector. This would allow the currency to appreciate gradually over time. Unless they build there economy they may have no choice but to LOP.
4-30-2022 Intel Guru Bruce [via WiserNow] we’re hearing that we will have our tier 4A & 4B group exchanges initialized a couple days prior to the 5th - well that would be the 3rd of May...So that is our window and it looks like they are going to hit this either the 3rd or 4th of May – which is Tuesday and Wednesday – of next week...Realistically…we’re looking golden for next week - Tuesday – Wednesday – Thursday - 3rd 4th 5th...This is going to be an incredible week for us...
4-30-2022 Intel Guru MarkZ [via PDK] There was one very big piece of news...from Iraq . Iraq is now certified under ISO. So for all you folks talking about the ISO 20022 stuff…there you go. I know there has been a lot of chatter...about this …about how this could be a necessary piece...Well Iraq is now ready and everyone can quit worrying about Iraq on this one.
4-30-2022 Newshound/Intel Guru Walkingstick Question "When they start calling in the IQD three zeros will they start with higher denominations or the lower ones?" Higher. 25K notes. They have been doing that for years. They have destroyed million in 25K notes...
4-30-2022 Newshound Guru Pimpy They'll tell you how much is going to be deposited into your account. Give them the thumbs up. You're done. That's you and your bank. Now what happens is that bank - your local branch then does what? ...they send that currency over to the federal reserve. Or if they have enough people coming in buying Iraqi dinars, they might hold on to it and then use it because people are purchasing Iraq dinar. But if they have a large surplus of Iraqi dinar then they'll send it back over to the federal reserve...the Federal Reserve will either keep it on their book ad build up their foreign reserves [or send it to Iraq]... [Post 2 of 2]
4-30-2022 Newshound Guru Pimpy When the rate change happens, for the sake of this just to keep it simplistic, let's say lo and behold the next day it's $3.22. We're not all gonna pack our bags, get in our cars, jump on our boats, jump on a plane run to Iraq and exchange it. We don't exchange with the Iraqi banks. We exchange with our banks. Whatever country you're in if you have a bank that now has removed the restrictions off of the Iraqi dinar and they have acknowledged the rate of $3.22 you just walk on down there to your bank, show them the dinar, they'll verify it before they even deposit it. [Post 1 of 2....stay tuned]
4-30-2022 Intel Guru MarkZ [via PDK] Even though the news has been very quiet there is no changes in expectations. I am still hearing around the 7th through the 10th because if Iraq wraps things between the 3rd to the 7th….it gives them a 3 day window.
4-30-2022 Newshound Guru Kaperoni Guru Mtn Goat...says Iraq will not LOP...But of course that is exactly what the symposium's are educating the citizens about...a currency exchange neutral event. I hope they don't, but the only option is to improve the economy and create a private sector. This would allow the currency to appreciate gradually over time. Unless they build there economy they may have no choice but to LOP.
4-30-2022 Intel Guru Bruce [via WiserNow] we’re hearing that we will have our tier 4A & 4B group exchanges initialized a couple days prior to the 5th - well that would be the 3rd of May...So that is our window and it looks like they are going to hit this either the 3rd or 4th of May – which is Tuesday and Wednesday – of next week...Realistically…we’re looking golden for next week - Tuesday – Wednesday – Thursday - 3rd 4th 5th...This is going to be an incredible week for us...
4-29-2022 Intel Guru MarkZ ... Its just very quiet and I think everyone is waiting for the “trigger”
4-29-2022 Newshound/Intel Guru Mnt Goat Trust me folks they are not going to lop. Of course they have to destroy the older three zero notes. There is way too much of them to keep for inter-banking transactions, as they said they would do after the reinstatement. I keep telling everyone that the project to delete the zeros will NOT raise the rate (no RV). The rate only changes when they re-peg the dinar to the new IMF basket and reinstate and float it...Thus, the ones we hold are going to be burned and destroyed once exchanged...
4-29-2022 Intel Guru Frank26 Question: "It was said that the CBI would give at least 10 years to exchange is that still hold true?" The CBI will give you ample time IMO at least a year or more...I think they'll give you plenty of time. That's the least of your worries...
4-29-2022 Newshound/Intel Guru Walkingstick Question: "It was said that the CBI would give at least 10 years to exchange is that still hold true?" WOW I NEVER HEARD THAT...I DON'T KNOW WHAT TO SAY BUT ONCE THE NEW EXCHANGE RATE AND THE CURRENCY IS RELEASED THOSE GUIDELINES WILL BE RELEASED.
4-29-2022 Intel Guru MarkZ [via PDK] [I read that Kuwait and Iraq have agreement to be within .25 cents when they come out…from back in the Dr. Shabibi days...I think Kuwait is about $3.20 or so right now…] Yes…they did that on purpose so they would not create instability in the region…they share a number of oil fields…Also, because of the port situation in Iraq and Kuwait… They want to be very close on currency values. So this should tell you what rate to expect for the minimum in Iraq.
4-29-2022 Newshound Guru Pimpy People are blown away by how much dinar I have. I don't have as much as people think I have. I have 5 million dinars. That's it. People are like, 'Why don't you have more? Don't you have any faith in it?' Oh, no that's not the problem...what people are banking on is an RI or an RV and I don't think that's going to happen. Of course I could be wrong. I think that currency is going to go up pretty quickly though...it's going to go up in stages is what I think. How long that's going to take I don't know...the average dinar holder has 250,000 dinars...
4-29-2022 Newshound Guru Kaperoni Two articles today from Iraq... The first article is talking about deleting zeros which is a LOP. Not what we want to see happen. The second article is from an economist who wants the central bank to forget about deleting zeros and simply improve the economy allowing the currency to rise as a result. This is the best solution.
4-29-2022 Intel Guru Fleming Parliament agreed with the Ministers to launch the ISO 20022, at a rate of $3.22 USD TO 1 IQD. The Parliament also said if this RV is not completed by the end of this month of April, 2022, then nothing can happen until the end of May...
4-29-2022 Newshound/Intel Guru Mnt Goat Trust me folks they are not going to lop. Of course they have to destroy the older three zero notes. There is way too much of them to keep for inter-banking transactions, as they said they would do after the reinstatement. I keep telling everyone that the project to delete the zeros will NOT raise the rate (no RV). The rate only changes when they re-peg the dinar to the new IMF basket and reinstate and float it...Thus, the ones we hold are going to be burned and destroyed once exchanged...
4-29-2022 Intel Guru Frank26 Question: "It was said that the CBI would give at least 10 years to exchange is that still hold true?" The CBI will give you ample time IMO at least a year or more...I think they'll give you plenty of time. That's the least of your worries...
4-29-2022 Newshound/Intel Guru Walkingstick Question: "It was said that the CBI would give at least 10 years to exchange is that still hold true?" WOW I NEVER HEARD THAT...I DON'T KNOW WHAT TO SAY BUT ONCE THE NEW EXCHANGE RATE AND THE CURRENCY IS RELEASED THOSE GUIDELINES WILL BE RELEASED.
4-29-2022 Intel Guru MarkZ [via PDK] [I read that Kuwait and Iraq have agreement to be within .25 cents when they come out…from back in the Dr. Shabibi days...I think Kuwait is about $3.20 or so right now…] Yes…they did that on purpose so they would not create instability in the region…they share a number of oil fields…Also, because of the port situation in Iraq and Kuwait… They want to be very close on currency values. So this should tell you what rate to expect for the minimum in Iraq.
4-29-2022 Newshound Guru Pimpy People are blown away by how much dinar I have. I don't have as much as people think I have. I have 5 million dinars. That's it. People are like, 'Why don't you have more? Don't you have any faith in it?' Oh, no that's not the problem...what people are banking on is an RI or an RV and I don't think that's going to happen. Of course I could be wrong. I think that currency is going to go up pretty quickly though...it's going to go up in stages is what I think. How long that's going to take I don't know...the average dinar holder has 250,000 dinars...
4-29-2022 Newshound Guru Kaperoni Two articles today from Iraq... The first article is talking about deleting zeros which is a LOP. Not what we want to see happen. The second article is from an economist who wants the central bank to forget about deleting zeros and simply improve the economy allowing the currency to rise as a result. This is the best solution.
4-29-2022 Intel Guru Fleming Parliament agreed with the Ministers to launch the ISO 20022, at a rate of $3.22 USD TO 1 IQD. The Parliament also said if this RV is not completed by the end of this month of April, 2022, then nothing can happen until the end of May...
4-28-2022 Intel Guru MarkZ [via PDK] Article: "The Iraqi government has confirmed that the Eid-Al Fitr will begin on Sunday the 1st of May and end on Thursday the 5th of May”…. I am still hearing this is the target. And within 3 days or so at the end of this holiday is when they expect to have a new value on the dinar...That is what I am being told from inside the sandbox..say around the 8th to the 10th… This would fit with dates our military contacts have been telling us for the month of May. I am hopeful this is it.
4-28-2022 Newshound/Intel Guru Mnt Goat ...we are in a VERY GOOD position to see this reinstatement before the end of the summer if not much sooner. So hang in there...
4-28-2022 Newshound Guru Kaperoni Question: "if Iraq floats the dinar, and hyperinflation devalues the dollar, will that not force the dinar upward in value." If the dinar floats it'll have nothing to do with the dollar and its value will be determined by market forces. There is talk of pegging it to a basket of currencies from the Middle East which also may be possible. Either or would have nothing to do with the dollar. Currently, the dinar is pegged to the dollar only to provide stability under the conditions in Iraq.
4-28-2022 Newshound/Intel Guru Walkingstick Question "Will the budget and the white papers be launched this year?" That's the plan.
4-28-2022 Intel Guru MarkZ [via PDK] I know its frustrating…I don’t control the timing…All I can do is tell you what I am hearing and share what I am hearing…other than a little chatter out of Iraq it is still very quiet. Article “The Iraqi Parliament is in the process of issuing a resolution obligating the government to submit the financial budget” This is big news from Iraq. And this is almost a verbatim article that we saw coming out of Kuwait before they RV’d almost 22 years ago…on the morning that they RV’d…Article “Is it time to delete zeros” an economist commented. To me this is a fantastic piece of smoke…It is coming…
4-28-2022
Intel Guru Frank26 Article: "The rise in oil covers the budget deficit.. Good news from officials: Returning the dollar exchange rate to its previous" THEY ARE EXPECTING A CHANGE IN THE EXCHANGE RATE.
4-28-2022 Newshound Guru Pimpy Question: "Is it not too late to buy dinar? I really need a house or a place to rent on my own. I don't make much and I'm looking for a miracle." People are still buying the dinar but here's the issue with everything that's going on. It's hard to judge when the rate change is going to happen. If you're listening to other people out there right now they're promising you a rate change of $3.22 or that it's gonna happen next week...you hear all this stuff so be careful...make sure that you just buy with whatever discretionary funds you have...
4-28-2022 Intel Guru MarkZ [via PDK] ...we know this is inevitable... Like Voltaire said “Fiat currency always returns to its intrinsic value of zero.”...So when we win…We are going to win big.
4-28-2022 Newshound/Intel Guru Mnt Goat ...we are in a VERY GOOD position to see this reinstatement before the end of the summer if not much sooner. So hang in there...
4-28-2022 Newshound Guru Kaperoni Question: "if Iraq floats the dinar, and hyperinflation devalues the dollar, will that not force the dinar upward in value." If the dinar floats it'll have nothing to do with the dollar and its value will be determined by market forces. There is talk of pegging it to a basket of currencies from the Middle East which also may be possible. Either or would have nothing to do with the dollar. Currently, the dinar is pegged to the dollar only to provide stability under the conditions in Iraq.
4-28-2022 Newshound/Intel Guru Walkingstick Question "Will the budget and the white papers be launched this year?" That's the plan.
4-28-2022 Intel Guru MarkZ [via PDK] I know its frustrating…I don’t control the timing…All I can do is tell you what I am hearing and share what I am hearing…other than a little chatter out of Iraq it is still very quiet. Article “The Iraqi Parliament is in the process of issuing a resolution obligating the government to submit the financial budget” This is big news from Iraq. And this is almost a verbatim article that we saw coming out of Kuwait before they RV’d almost 22 years ago…on the morning that they RV’d…Article “Is it time to delete zeros” an economist commented. To me this is a fantastic piece of smoke…It is coming…
4-28-2022
Intel Guru Frank26 Article: "The rise in oil covers the budget deficit.. Good news from officials: Returning the dollar exchange rate to its previous" THEY ARE EXPECTING A CHANGE IN THE EXCHANGE RATE.
4-28-2022 Newshound Guru Pimpy Question: "Is it not too late to buy dinar? I really need a house or a place to rent on my own. I don't make much and I'm looking for a miracle." People are still buying the dinar but here's the issue with everything that's going on. It's hard to judge when the rate change is going to happen. If you're listening to other people out there right now they're promising you a rate change of $3.22 or that it's gonna happen next week...you hear all this stuff so be careful...make sure that you just buy with whatever discretionary funds you have...
4-28-2022 Intel Guru MarkZ [via PDK] ...we know this is inevitable... Like Voltaire said “Fiat currency always returns to its intrinsic value of zero.”...So when we win…We are going to win big.
4-27-2022 Intel Guru Bruce [via WiserNow] I'm not sure that we’re going to get started before the end of the month – and I hate saying that...I’m just not convinced by what we have heard today that its necessarily ready to go quite “yet”...but I believe that Iraq will do what they are supposed to do and get this thing done...I am feeling like we are taking this ride one day at a time...every time we think we’re getting ready to go – oops- there’s one more thing...I’m not sure we are going to see it before May...we’ll see – we just don’t know – this thing has a way it could turn around and sneak up on us and bite us – so be open to it...
4-27-2022 Newshound Guru Godlover Article "Parliamentary Finance: Completion of 90% of the sections of the Food Security Law". We do not want to see this law passed, at least not without the general budget...
4-27-2022 Newshound Guru Pimpy People ask me do I have any concerns whatsoever about the Iraqi dinar...if they can't get their crap together let's be honest, the rate is never going to change...but one of the thing that I am keeping an eye on that's bothering me is the fact that Iraq is in a huge rush to launch their version of the central bank digital currency because I'm curious how that's going to affect us who are holding on to the paper version of the Iraq dinar, the IQD. I'm digging into that. Once I get that information I will share with you...We're going to see Iraq grow. They're doing it by leaps and bounds. Look how far they come just since Al-Kazemi took over...
4-27-2022 Newshound/Intel Guru Mnt Goat With the dinar at 1/6 of a penny and people screaming for currency reform…how can they hold off any longer in fixing the dinar to a nominal rate to reflect the true value? Iraq needs to get off the de’ facto peg to the US dollar. It is causing issues and we now see it...What oil could reach $130 a barrel yet Iraq dinar sits at 1/6 of a penny? All the news for months about the Iraqi economy has been very good and encouraging...there is not much more to tell. I rest my case…
4-27-2022 Intel Guru MarkZ [via PDK] It is very quiet out of the middle east. Quiet out of Asia banking today...I think this is the quiet before the release. There really is so much happening on the disclosure front.
4-27-2022 Newshound/Intel Guru Walkingstick Question: "Are all the meetings with the WB, IMF completed and are agreements in place?" THEY ARE BUT ...THE SITUATION GLOBALLY IS CHANGING DAILY. WHAT WAS SET IN PLACE WAS FOR THEM TO COME OUT ON PAR WITH USD AND BACKED BY THE USD. BUT EVENTS OVER THE LAST YEAR PLUS HAS IRAQ ALONG WITH MANY OTHER COUNTRIES RETHINKING THE USD BACKED CURRENCY. TALKS NOW WITH IRAQ AND A NUMBER OF OTHER COUNTRIES RECALCULATING THEIR EXCHANGE RATE FACTORING IN EXCHANGE RATE...BACKED BY A BASKET OF CURRENCIES OR ANOTHER FOREIGN CURRENCY WITH THE UNDERSTANDING MANY COUNTRIES ARE NOW GUN SHY OF BACKING THEIR CURRENCY ON PAR WITH THE USD.
4-27-2022 Intel Guru Frank26 Article: "Mazhar Muhammad Salih: The Central Bank's balance is three times more than the government's external debt" VICTORY FOR THE MONETARY REFORM!
4-27-2022 Newshound Guru Samson Article: "The highest since its establishment.. Central Bank of Iraq assets (in numbers)" "Quote: " the value of the Central Bank's assets is the highest since its establishment, which gives reassurance to the situation and stability of the Iraqi currency during the coming period, which is expected to witness further increases in the Central Bank's assets as a result of the rise in oil sales revenues..."
4-27-2022 Intel Guru MarkZ [via PDK] [Please explain why the white papers are important?] The white papers are the financial reforms in Iraq. In these is the new budget, food security, and lots of things including the new rate for the Iraqi dinar. In these papers they are creating a platform for them to have an asset backed currency with a higher value. …That is why the implementation of the white papers are important...
4-27-2022 Intel Guru Fleming According to the CBI contact...the WTO is hot after the Central Bank of Iraq to finally sign off for the ISO 20022 certification to be implemented... They have to acknowledge compliance and acceptance, to get started right away. If...still lagging behind by the end of the month, then starting May 1st the revaluation commences with or without them. Contractors in Iraq are presently being paid at the revalued rate of 1:1 (one Iraq dinar to one US dollar). How long will they allow this to continue?
4-27-2022 Newshound Guru Godlover Article "Parliamentary Finance: Completion of 90% of the sections of the Food Security Law". We do not want to see this law passed, at least not without the general budget...
4-27-2022 Newshound Guru Pimpy People ask me do I have any concerns whatsoever about the Iraqi dinar...if they can't get their crap together let's be honest, the rate is never going to change...but one of the thing that I am keeping an eye on that's bothering me is the fact that Iraq is in a huge rush to launch their version of the central bank digital currency because I'm curious how that's going to affect us who are holding on to the paper version of the Iraq dinar, the IQD. I'm digging into that. Once I get that information I will share with you...We're going to see Iraq grow. They're doing it by leaps and bounds. Look how far they come just since Al-Kazemi took over...
4-27-2022 Newshound/Intel Guru Mnt Goat With the dinar at 1/6 of a penny and people screaming for currency reform…how can they hold off any longer in fixing the dinar to a nominal rate to reflect the true value? Iraq needs to get off the de’ facto peg to the US dollar. It is causing issues and we now see it...What oil could reach $130 a barrel yet Iraq dinar sits at 1/6 of a penny? All the news for months about the Iraqi economy has been very good and encouraging...there is not much more to tell. I rest my case…
4-27-2022 Intel Guru MarkZ [via PDK] It is very quiet out of the middle east. Quiet out of Asia banking today...I think this is the quiet before the release. There really is so much happening on the disclosure front.
4-27-2022 Newshound/Intel Guru Walkingstick Question: "Are all the meetings with the WB, IMF completed and are agreements in place?" THEY ARE BUT ...THE SITUATION GLOBALLY IS CHANGING DAILY. WHAT WAS SET IN PLACE WAS FOR THEM TO COME OUT ON PAR WITH USD AND BACKED BY THE USD. BUT EVENTS OVER THE LAST YEAR PLUS HAS IRAQ ALONG WITH MANY OTHER COUNTRIES RETHINKING THE USD BACKED CURRENCY. TALKS NOW WITH IRAQ AND A NUMBER OF OTHER COUNTRIES RECALCULATING THEIR EXCHANGE RATE FACTORING IN EXCHANGE RATE...BACKED BY A BASKET OF CURRENCIES OR ANOTHER FOREIGN CURRENCY WITH THE UNDERSTANDING MANY COUNTRIES ARE NOW GUN SHY OF BACKING THEIR CURRENCY ON PAR WITH THE USD.
4-27-2022 Intel Guru Frank26 Article: "Mazhar Muhammad Salih: The Central Bank's balance is three times more than the government's external debt" VICTORY FOR THE MONETARY REFORM!
4-27-2022 Newshound Guru Samson Article: "The highest since its establishment.. Central Bank of Iraq assets (in numbers)" "Quote: " the value of the Central Bank's assets is the highest since its establishment, which gives reassurance to the situation and stability of the Iraqi currency during the coming period, which is expected to witness further increases in the Central Bank's assets as a result of the rise in oil sales revenues..."
4-27-2022 Intel Guru MarkZ [via PDK] [Please explain why the white papers are important?] The white papers are the financial reforms in Iraq. In these is the new budget, food security, and lots of things including the new rate for the Iraqi dinar. In these papers they are creating a platform for them to have an asset backed currency with a higher value. …That is why the implementation of the white papers are important...
4-27-2022 Intel Guru Fleming According to the CBI contact...the WTO is hot after the Central Bank of Iraq to finally sign off for the ISO 20022 certification to be implemented... They have to acknowledge compliance and acceptance, to get started right away. If...still lagging behind by the end of the month, then starting May 1st the revaluation commences with or without them. Contractors in Iraq are presently being paid at the revalued rate of 1:1 (one Iraq dinar to one US dollar). How long will they allow this to continue?
4-26-2022 Intel Guru MarkZ [via PDK] The chatter today has been fantastic... I think the 2nd through the 7th is going to be enormous... [we have had more news in the last 4 months from Iraq then the whole last 14 years for me…] Yes we have…This afternoon news came out… 1. they talk about not needing the government sat and 2. Since the power to RV has been given to the CBI…they could just go ahead and dissolve this government...and move to a new style of government. The key point today is they need to move forward with their white papers. I am tracking down many rumors already of a 1 to 1 rate for contractors.
4-26-2022 Newshound/Intel Guru Mnt Goat ...I am still being told my the CBI that when the govt is completed and stable Iraq will complete the project to delete the zeros and then we know what comes next. So be patient...
4-26-2022 Newshound Guru Pimpy I've said this time and time again some of the biggest problems we have with the Iraqi dinar changing in value is the fact that the government is not stable. It's filled with corruption, we have to be careful about civil unrest...we gotta make sure that Iran keeps their two cents out of the country, we gotta make sure the US keeps their two cents out of the country...
4-26-2022 Newshound Guru Kaperoni The dinar value is determined by the central bank and is based on Iraq's GDP, currency in circulation and reserves...Until Iraq meets and accepts the conditions of IMF Article 8 most financial institutions will not do transactions in dinar. More or less Article 8 is an indication that their financial system meets international compliance...Iraq can engage with any country or banking system throughout the world if they wanted to now. But most do not because Iraq is still in Article 14 which is in essence a developmental stage.
4-26-2022 Intel Guru MarkZ [via PDK] I had an interesting call with a military contact this morning first thing... They are looking for the implosion of the sitting government within a very short time…and they are expecting that to be the trigger...It came from more than one source…my military contacts think the implosion and the reset will be in the month of May. I am encouraged after my calls this morning...I’m not ruling out it could happen before…i was just telling you what contacts in the military are saying.
4-26-2022 Intel Guru Frank26 Article: "Minister of Finance: The financial situation is very good and an upcoming meeting with the International Monetary Fund and the World Bank is in Baghdad" FINANCIAL SITUATION IS VERY GOOD BECAUSE THE MONETARY REFORM IS VERY GOOD...NOTICE FINANCE COMMITTEE GOES TO WASHINGTON DC LAST WEEK THEN THE IMF/WB GO TO BAGHDAD.
4-26-2022 Newshound/Intel Guru Walkingstick Question: "We know that the RI requires a seated or recognized GOI. But, will it also [need] the passage of new laws and the budget by Parliament?" THE READING OF THE BUDGET AND NEW EX RATE IS LAW IT'S A LINE ITEM IN THE BUDGET. BUT...PARLIAMENT DOES NOT DICTATE CBI LAW THE CBI AND THE EXCHANGE RATE CAN BE CHANGED AT ANY TIME BY THE CBI ON BEHALF OF THE CBI.
4-26-2022 Intel Guru MarkZ [via PDK] ...there is a lot of misinformation being put out…they want you to throw in the towel, give up and walk away…Don’t do it…. I know the ups and downs are tough…but this is a “when” not an “if”.
4-26-2022 Newshound Guru Pimpy The more I read about what's going on in Iraq regarding the politics, the economy, the development, the stabilization, the little baby right here [New born foal wobbling to stand for first time] reminds me exactly where Iraq is. They're almost there just like a newborn. They're getting on their feet but it's a little shaky...it just seems like we're right at that doorstep...a little wobbly - at least they're upright...
4-26-2022 Newshound/Intel Guru Mnt Goat ...I am still being told my the CBI that when the govt is completed and stable Iraq will complete the project to delete the zeros and then we know what comes next. So be patient...
4-26-2022 Newshound Guru Pimpy I've said this time and time again some of the biggest problems we have with the Iraqi dinar changing in value is the fact that the government is not stable. It's filled with corruption, we have to be careful about civil unrest...we gotta make sure that Iran keeps their two cents out of the country, we gotta make sure the US keeps their two cents out of the country...
4-26-2022 Newshound Guru Kaperoni The dinar value is determined by the central bank and is based on Iraq's GDP, currency in circulation and reserves...Until Iraq meets and accepts the conditions of IMF Article 8 most financial institutions will not do transactions in dinar. More or less Article 8 is an indication that their financial system meets international compliance...Iraq can engage with any country or banking system throughout the world if they wanted to now. But most do not because Iraq is still in Article 14 which is in essence a developmental stage.
4-26-2022 Intel Guru MarkZ [via PDK] I had an interesting call with a military contact this morning first thing... They are looking for the implosion of the sitting government within a very short time…and they are expecting that to be the trigger...It came from more than one source…my military contacts think the implosion and the reset will be in the month of May. I am encouraged after my calls this morning...I’m not ruling out it could happen before…i was just telling you what contacts in the military are saying.
4-26-2022 Intel Guru Frank26 Article: "Minister of Finance: The financial situation is very good and an upcoming meeting with the International Monetary Fund and the World Bank is in Baghdad" FINANCIAL SITUATION IS VERY GOOD BECAUSE THE MONETARY REFORM IS VERY GOOD...NOTICE FINANCE COMMITTEE GOES TO WASHINGTON DC LAST WEEK THEN THE IMF/WB GO TO BAGHDAD.
4-26-2022 Newshound/Intel Guru Walkingstick Question: "We know that the RI requires a seated or recognized GOI. But, will it also [need] the passage of new laws and the budget by Parliament?" THE READING OF THE BUDGET AND NEW EX RATE IS LAW IT'S A LINE ITEM IN THE BUDGET. BUT...PARLIAMENT DOES NOT DICTATE CBI LAW THE CBI AND THE EXCHANGE RATE CAN BE CHANGED AT ANY TIME BY THE CBI ON BEHALF OF THE CBI.
4-26-2022 Intel Guru MarkZ [via PDK] ...there is a lot of misinformation being put out…they want you to throw in the towel, give up and walk away…Don’t do it…. I know the ups and downs are tough…but this is a “when” not an “if”.
4-26-2022 Newshound Guru Pimpy The more I read about what's going on in Iraq regarding the politics, the economy, the development, the stabilization, the little baby right here [New born foal wobbling to stand for first time] reminds me exactly where Iraq is. They're almost there just like a newborn. They're getting on their feet but it's a little shaky...it just seems like we're right at that doorstep...a little wobbly - at least they're upright...
4-25-2022 Intel Guru MarkZ [via PDK] [What is included in the white papers?] All kinds of financial reforms . Also according to those who are close to the project…a new rate for the dinar. I am also told that in those white papers…if the gold treaty is not signed …there is a provision for the NEER (Nominal Effective Exchange rate) ($1.60) to be implemented.
4-25-2022 Newshound/Intel Guru Walkingstick Question: "Once the rate is on Forex do you foresee any issues regarding the exchange at our American banks?" No. Absolutely not.
4-25-2022 Intel Guru MarkZ [via PDK] “Mazhur Muhammad Salih : The central banks balance is 3 times more that the governments external debt” ..for Iraq to say this is absolutely huge. And Salih also says they are ready to move forward with their white papers. They already have a budget pulled together…they just need to approve it and they are sitting on way more money than anticipated… They are clearly showing us they are prepared to go. I am being told it really is a “any minute” thing now as we wait for some kind of trigger. I have also heard to watch between the 2nd to the 7th of May.
4-25-2022 Newshound Guru Militiaman Article: "Minister of Finance: The financial situation is very good and an upcoming meeting with the International Monetary Fund and the World Bank is in Baghdad" The meetings in DC may have been even more relevant...imo . They talk about not needing any help with...certain projects. The CBI has done a very good job with monetary policy stability...the certain projects they need help with may be the project to delete the zeros...with a very good financial situation the time for them to return to a previous era with the exchange rate looks to be in the process...
4-25-2022 Guru Nader From The Mid East In the next few weeks we keep watching. We hope things gonna happen. We're hoping it's gonna go 1 to 1. 1.20 to 1. But, we don't know yet. We're not sure because every day they say something else and something new, one day yes, one day no. They cannot set a government. They cannot set a president...we are just gonna have to wait and see what's the game. Iraq is doing a lot...Iraq in the next 20-25 years is gonna be better than Dubai or better than Saudi or better than anybody else...
4-25-2022 Intel Guru MarkZ [via PDK] There is some encouraging news. Article from Iraq: “Analysis: Al- Kazemi government will continue its duties until new early elections in 2023.” Don’t panic…this is the backup plan if they cant get a proper government situated…This will not affect the financial reforms…as a matter of fact “Minister of Finance: The financial situation is very good and a upcoming meeting with the IMF and the World Bank is in Baghdad”. Over the past week or so they have met in the US …and the next meetings will be in Iraq. They are talking about the implementation of their “White Papers”. We are expecting our rate change with the white papers. They even discuss their possible timing. There will be meetings in Baghdad after Eid El Fitr to discuss moving forward with the reform process in the white papers.
4-25-2022 Newshound Guru Pimpy Article: "America warns of an obstacle impeding the development of the relationship between Baghdad and Washington" Now the United States is warning Iraq about their current political situation...obviously you got to have an established government. Who do you deal with? Do you deal with the intern government...and try to make deals or do you wait for the new government? This is one of the reasons why we won't see a rate change happen anytime soon...
4-25-2022 Newshound/Intel Guru Mnt Goat Article: "THE MINISTRY OF FINANCE CLARIFIES ABOUT RESTORING THE DOLLAR PRICE TO 120
THOUSAND IN THE 2022 BUDGET" The CBI does not intend to reduce the exchange rate of the dinar, thus raise the value of the dinar back to the pre-December 2020 rate. Why would they even do this change back to 120 if they already know of a plan to significantly raise the rate (not the value) of the dinar and conduct the project to delete the zeros?... We know the VALUE is already in the dinar only they are suppressing the nominal rate and holding back the reinstatement until they can see a stable government.
4-25-2022 Intel Guru MarkZ [via PDK] [What is the anticipated rate of the Dinar?] I am hearing in country a rate of about $3.91. We should expect between $6-8 on a contract rate with the “Oil For Dinar“ Program…that is what I am hearing...
4-25-2022 Newshound/Intel Guru Walkingstick Question: "Once the rate is on Forex do you foresee any issues regarding the exchange at our American banks?" No. Absolutely not.
4-25-2022 Intel Guru MarkZ [via PDK] “Mazhur Muhammad Salih : The central banks balance is 3 times more that the governments external debt” ..for Iraq to say this is absolutely huge. And Salih also says they are ready to move forward with their white papers. They already have a budget pulled together…they just need to approve it and they are sitting on way more money than anticipated… They are clearly showing us they are prepared to go. I am being told it really is a “any minute” thing now as we wait for some kind of trigger. I have also heard to watch between the 2nd to the 7th of May.
4-25-2022 Newshound Guru Militiaman Article: "Minister of Finance: The financial situation is very good and an upcoming meeting with the International Monetary Fund and the World Bank is in Baghdad" The meetings in DC may have been even more relevant...imo . They talk about not needing any help with...certain projects. The CBI has done a very good job with monetary policy stability...the certain projects they need help with may be the project to delete the zeros...with a very good financial situation the time for them to return to a previous era with the exchange rate looks to be in the process...
4-25-2022 Guru Nader From The Mid East In the next few weeks we keep watching. We hope things gonna happen. We're hoping it's gonna go 1 to 1. 1.20 to 1. But, we don't know yet. We're not sure because every day they say something else and something new, one day yes, one day no. They cannot set a government. They cannot set a president...we are just gonna have to wait and see what's the game. Iraq is doing a lot...Iraq in the next 20-25 years is gonna be better than Dubai or better than Saudi or better than anybody else...
4-25-2022 Intel Guru MarkZ [via PDK] There is some encouraging news. Article from Iraq: “Analysis: Al- Kazemi government will continue its duties until new early elections in 2023.” Don’t panic…this is the backup plan if they cant get a proper government situated…This will not affect the financial reforms…as a matter of fact “Minister of Finance: The financial situation is very good and a upcoming meeting with the IMF and the World Bank is in Baghdad”. Over the past week or so they have met in the US …and the next meetings will be in Iraq. They are talking about the implementation of their “White Papers”. We are expecting our rate change with the white papers. They even discuss their possible timing. There will be meetings in Baghdad after Eid El Fitr to discuss moving forward with the reform process in the white papers.
4-25-2022 Newshound Guru Pimpy Article: "America warns of an obstacle impeding the development of the relationship between Baghdad and Washington" Now the United States is warning Iraq about their current political situation...obviously you got to have an established government. Who do you deal with? Do you deal with the intern government...and try to make deals or do you wait for the new government? This is one of the reasons why we won't see a rate change happen anytime soon...
4-25-2022 Newshound/Intel Guru Mnt Goat Article: "THE MINISTRY OF FINANCE CLARIFIES ABOUT RESTORING THE DOLLAR PRICE TO 120
THOUSAND IN THE 2022 BUDGET" The CBI does not intend to reduce the exchange rate of the dinar, thus raise the value of the dinar back to the pre-December 2020 rate. Why would they even do this change back to 120 if they already know of a plan to significantly raise the rate (not the value) of the dinar and conduct the project to delete the zeros?... We know the VALUE is already in the dinar only they are suppressing the nominal rate and holding back the reinstatement until they can see a stable government.
4-25-2022 Intel Guru MarkZ [via PDK] [What is the anticipated rate of the Dinar?] I am hearing in country a rate of about $3.91. We should expect between $6-8 on a contract rate with the “Oil For Dinar“ Program…that is what I am hearing...
4-24-2022 Newshound/Intel Gurus Walkingstick - Guru Petra Question: "In your opinion how high can the rate go?" No higher than the AAD...right now their goal is to move away from the USD... What is the rate of the AAD right now? 3.1 but it will fluctuate like all currencies daily. Petra - The AAD is = to IMF SDR...which equals $1.36 x 3
4-24-2022 Newshound Guru Samson Article: "Iraq exceeds the Arab countries in the growth rate .. IMF: GDP willreach 9.5%"
4-24-2022 Newshound Guru Sandy Ingram Iraq does not appear to be interested in revaluing their currency over and above the December 2020 rate...of course the IQD will revalue or float one day, however you should be aware that Iraq is moving forward without a revalue...
4-24-2022 Newshound Guru Kaperoni When you search Wikipedia for an explanation of the Balassa-Samuelson effect, it implies that countries with rapidly expanding economies should tend to have a more rapidly appreciating exchange rate. In other words, the appreciation of the Iraqi dinar is solely dependent on the growth of Iraq's economy. There is no RV, there are no shortcuts. [Post 2 of 2]
4-24-2022 Newshound Guru Kaperoni It was stated back in 2013 in the IMF Article IV Consultation with Iraq they need to diversify their economy. Doing so they then can float the dinar allowing it to gradually appreciate over time...Direct from the IMF in 2013..."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..." [Post 1 of 2....stay tuned]
4-24-2022 Newshound Guru Pimpy Somebody is spreading ... what you would call 'nay-say', doubt, stressing people out. I see it all the time in the group, people just go, 'Oh, man the Iraqi dinar is never going to change. It's never going to revalue.'...we know that's not true. December 2020 the Iraqi dinar revalued...it went in the wrong direction. It lost value. [But] That's a revaluation. Don't let people tell you, 'oh, it's not going to revalue.' Because it's a lie...the Iraqi dinar will revalue. It will. So don't listen to what all those people say...
4-24-2022 Newshound Guru Clare Article: "Minister of Finance: The financial situation is very good and an upcoming meeting with the International Monetary Fund and the World Bank is in Baghdad" GREAT ARTICLE! ...meetings with the International Monetary Fund and the World Bank are about to be held in Baghdad.
4-24-2022 Intel Guru MarkZ [via PDK] [What will the dong rate be?] I was just told that I am wrong and the rate will be higher. I always believed it would be $2.25-$2.30…but several folks told me it may be over $3 or $4 now. I hope they are correct.
4-24-2022 Newshound Guru Samson Article: "Iraq exceeds the Arab countries in the growth rate .. IMF: GDP willreach 9.5%"
4-24-2022 Newshound Guru Sandy Ingram Iraq does not appear to be interested in revaluing their currency over and above the December 2020 rate...of course the IQD will revalue or float one day, however you should be aware that Iraq is moving forward without a revalue...
4-24-2022 Newshound Guru Kaperoni When you search Wikipedia for an explanation of the Balassa-Samuelson effect, it implies that countries with rapidly expanding economies should tend to have a more rapidly appreciating exchange rate. In other words, the appreciation of the Iraqi dinar is solely dependent on the growth of Iraq's economy. There is no RV, there are no shortcuts. [Post 2 of 2]
4-24-2022 Newshound Guru Kaperoni It was stated back in 2013 in the IMF Article IV Consultation with Iraq they need to diversify their economy. Doing so they then can float the dinar allowing it to gradually appreciate over time...Direct from the IMF in 2013..."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..." [Post 1 of 2....stay tuned]
4-24-2022 Newshound Guru Pimpy Somebody is spreading ... what you would call 'nay-say', doubt, stressing people out. I see it all the time in the group, people just go, 'Oh, man the Iraqi dinar is never going to change. It's never going to revalue.'...we know that's not true. December 2020 the Iraqi dinar revalued...it went in the wrong direction. It lost value. [But] That's a revaluation. Don't let people tell you, 'oh, it's not going to revalue.' Because it's a lie...the Iraqi dinar will revalue. It will. So don't listen to what all those people say...
4-24-2022 Newshound Guru Clare Article: "Minister of Finance: The financial situation is very good and an upcoming meeting with the International Monetary Fund and the World Bank is in Baghdad" GREAT ARTICLE! ...meetings with the International Monetary Fund and the World Bank are about to be held in Baghdad.
4-24-2022 Intel Guru MarkZ [via PDK] [What will the dong rate be?] I was just told that I am wrong and the rate will be higher. I always believed it would be $2.25-$2.30…but several folks told me it may be over $3 or $4 now. I hope they are correct.
4-23-2022 Newshound/Intel Guru Mnt Goat ...we have many...articles, from the CBI itself confirming how rich Iraq really is and so why is the dinar not yet reinstated. The country under Dr Shabibi kept the dinar at 1166 for ten years and was ready to reinstate it in 2013. It is now 2022 8.5 years later and so why has the reinstatement on FOREX been delayed so long when they were ready in 2013?
4-23-2023 Intel Guru Walkingstick Question "Could the new small category notes already be introduced to the banks in preparation to be distributed when the rate goes up?" No. The currency is there in the CBI but not in the banks...
4-23-2022 Newshound Guru Kaperoni ...yesterday the Minister of Finance Ali Allawi stated in his speech at the spring meetings of the International Monetary Fund and World Bank in Washington , DC that Iraq needs help to diversify, to change from a rentier economy to a diversified economy. This is the plan. Iraq needs to diversify away from oil to create a private sector. Only with the success of that diversified economy can the dinar go up in value. It will not happen overnight.
4-23-2022 Newshound Guru Pimpy Article: "The Central Bank of Iraq achieves the highest percentage of hard currency reserves since 2014" Quote 'the foreign reserves of the bank exceeds $70 Billion and a large number that the bank has not seen for years..." Actually decades " Iraq currency possesses an excellent amount of gold as well..." Not to mention they have so much gold over there in the Tigris River that's sitting on the top that could be getting mined...
4-23-2022 Intel Guru MarkZ [via PDK] Article: "Iraq exceeds the Arab countries in the growth rate – IMF: GDP will reach 9.5%” 9.5 % is their golden egg...I think they are ready for their currency change. Positive news coming out of Iraq.
4-23-2022 Newshound Guru Godlover I would not be concerned if the food security law is passed with the general budget, but it would be concerning to me if the food security law passed without the budget. This would tell me they expect the general budget not to pass for some time. Side note: I do however expect this new law will coexist with the general budget once passed. [Post 2 of 2]
4-23-2022 Newshound Guru Godlover Community Comment: "From the articles it looks as if all we need is the government. Hopefully Iraq announces very soon that Kazemi...will stay in power so we can move on" I pray this to be true. I do however have some concerns...if Kazemi gets another year will this be the government that releases what we all seek. Another concern is the new food security law...articles seem to imply that the food security law has a mini budget that will be passed prior to the budget passing. As if to give their citizens immediate relief until the budget can get passed. [Post 1 of 2....stay tuned]
4-23-2022 Newshound/Intel Guru Mnt Goat We can already see...al-Sadr is our champion along with Al-Kazemi and Saleh. There are many more patriotic members of parliament too who will fight to keep Iraq free and sovereign. With this freedom and sovereignty comes our RV.
4-23-2022 Intel Guru MarkZ [via PDK] We were told that at the end there would be a tremendous amount of smoke intermittent with silence to keep us cloudy and confused. That seems to be exactly what we are getting. I think it may stay quiet until we get notices of the RV. Then it will go from zero to 120…just like that…
4-23-2022 Newshound Guru Militiaman "the current financial abundance achieved from the increase in oil prices needs a legal cover for the disbursement of funds under the Food Security Law, while there will be an entitlement to the oil-producing governorates under the petrodollar item." This reeks of the HCL.. imo … FOOD SECURITY... Comes PURCHASE POWER... They are using the FOOD SECURITY as a cover, imo..
4-23-2023 Intel Guru Walkingstick Question "Could the new small category notes already be introduced to the banks in preparation to be distributed when the rate goes up?" No. The currency is there in the CBI but not in the banks...
4-23-2022 Newshound Guru Kaperoni ...yesterday the Minister of Finance Ali Allawi stated in his speech at the spring meetings of the International Monetary Fund and World Bank in Washington , DC that Iraq needs help to diversify, to change from a rentier economy to a diversified economy. This is the plan. Iraq needs to diversify away from oil to create a private sector. Only with the success of that diversified economy can the dinar go up in value. It will not happen overnight.
4-23-2022 Newshound Guru Pimpy Article: "The Central Bank of Iraq achieves the highest percentage of hard currency reserves since 2014" Quote 'the foreign reserves of the bank exceeds $70 Billion and a large number that the bank has not seen for years..." Actually decades " Iraq currency possesses an excellent amount of gold as well..." Not to mention they have so much gold over there in the Tigris River that's sitting on the top that could be getting mined...
4-23-2022 Intel Guru MarkZ [via PDK] Article: "Iraq exceeds the Arab countries in the growth rate – IMF: GDP will reach 9.5%” 9.5 % is their golden egg...I think they are ready for their currency change. Positive news coming out of Iraq.
4-23-2022 Newshound Guru Godlover I would not be concerned if the food security law is passed with the general budget, but it would be concerning to me if the food security law passed without the budget. This would tell me they expect the general budget not to pass for some time. Side note: I do however expect this new law will coexist with the general budget once passed. [Post 2 of 2]
4-23-2022 Newshound Guru Godlover Community Comment: "From the articles it looks as if all we need is the government. Hopefully Iraq announces very soon that Kazemi...will stay in power so we can move on" I pray this to be true. I do however have some concerns...if Kazemi gets another year will this be the government that releases what we all seek. Another concern is the new food security law...articles seem to imply that the food security law has a mini budget that will be passed prior to the budget passing. As if to give their citizens immediate relief until the budget can get passed. [Post 1 of 2....stay tuned]
4-23-2022 Newshound/Intel Guru Mnt Goat We can already see...al-Sadr is our champion along with Al-Kazemi and Saleh. There are many more patriotic members of parliament too who will fight to keep Iraq free and sovereign. With this freedom and sovereignty comes our RV.
4-23-2022 Intel Guru MarkZ [via PDK] We were told that at the end there would be a tremendous amount of smoke intermittent with silence to keep us cloudy and confused. That seems to be exactly what we are getting. I think it may stay quiet until we get notices of the RV. Then it will go from zero to 120…just like that…
4-23-2022 Newshound Guru Militiaman "the current financial abundance achieved from the increase in oil prices needs a legal cover for the disbursement of funds under the Food Security Law, while there will be an entitlement to the oil-producing governorates under the petrodollar item." This reeks of the HCL.. imo … FOOD SECURITY... Comes PURCHASE POWER... They are using the FOOD SECURITY as a cover, imo..
4-22-2022 Intel Guru MarkZ [via PDK] Great article came out of Iraq today. “Minister of Finance: The International community supports Iraq by implementing the white papers, and we do not need financial support”...This is referencing again that everything is fixed…they want to move forward… white papers have fixed a lot of things. Good article today.
4-22-2022 Newshound Guru Kaperoni My personal view is I still believe that Iraq will float the dinar allowing it to gradually appreciate as the economy in Iraq prosperous. Which means it'll be gradually over time and it's going to take a while. I firmly believe only with the success of Iraq's economy can the dinar appreciate in value.
4-22-2022 Intel Guru Bruce [via WiserNow] ...Iraq is going to do their thing finally this weekend – they have been pushed...it appears they are going to do it – my gut is they will do it Sunday... What I’m hearing and this is coming through a Wells Fargo contact by a Treasury representative it’s indicating that we will have – that the RV and GCR - is scheduled to take place this weekend...I’m hearing we’re supposed to get notified over this weekend and if we’re not started over the weekend that we would start exchanges Monday...I think this whole thing is going to come together in a beautiful picture and we’ll be amazed when it does...
4-22-2022 Newshound Guru Pimpy Things are really starting to look good for Iraq in many different ways. If they could just get past this political blockage, get a government formed...stick to the white papers - then I think they're going to do really good. The World Bank and IMF have been making some really strong predictions for Iraq's economy and if they can stick to where they are it's going to be really good for them...Iraq is recovering way faster than they thought. I haven't changed my mind, when Iraqi dinar goes up it's going to go up in increments...
4-22-2022 Newshound Guru Godlover Community comment "the parliament votes on the budget, then send it to the President to be implemented. So far Parliament has not done anything in regards to approving it, it does seem that they have not even received it yet...imo" Yes imo parliament will need to vote on the budget, with or without a new rate prior...Of course, a new government is needed prior to any monetary reform...if Kazemi gets to continue, it needs an official announcement. With that said, this new food security law seems to be an option they are trying to pass with urgency, anticipating the process for a new government seating could take awhile, as well as the budget approval.
4-22-2022 Intel Guru MarkZ [via PDK] My Redemption center contacts will be on call this weekend. They do not know if they will be working or not. It’s been a ping pong game with them…one day they are told to get ready its happening…the next day…stand down…not ready yet. I think this tells us just how close we are that they have everyone ready to jump at a moments notice...This has been a very strange week. Hurry up and wait…There are a lot if indicators for May 2nd to May 7th for a new government in Iraq. There has been more conversations about the NEER [Nominal Effective Exchange Rate]…it is interesting to watch.
4-22-2022 Newshound/Intel Guru Walkingstick Question: "Ukraine - Russia will it effect the monetary reform?" Not at all. Question: "Is the Russian ruble gold backed?" In reality, no.
4-22-2022 Intel Guru Frank26 Article: "Iraq... Ambiguity surrounding the 2022 budget" WHAT'S IN THE BUDGET... THE NEW EXCHANGE RATE. Article: "The Prime Minister's spokesperson is hosted by Parliament to discuss the budget" THE TALK ABOUT THE BUDGET AND THE NEW EXCHANGE RATE IS HOT!!!
4-22-2022 Newshound/Intel Guru Mnt Goat Article: "THE MINISTRY OF FINANCE CLARIFIES ABOUT RESTORING THE DOLLAR PRICE TO 120
THOUSAND IN THE 2022 BUDGET" Quote: "There is no truth to the news circulating on social media and attributed to the Undersecretary of the Ministry of Finance about the existence of ongoing discussions to re-reduce the price of the dollar to 120 thousand dinars within the 2022 budget" I have told everyone over and over again that the RV is NOT in the budget nor will it ever be in the budget.
4-22-2022 Intel Guru MarkZ [via PDK] [how long after the dinar goes will the dong go?] They should go at the same time unless Iraq gets tired of waiting and goes with the NEER rate ($1.60) I think there is a 1% chance of that. 99% chance they will go at exactly the same time.
4-22-2022 Newshound Guru Petra I suspect after seeing the UST, WB, IMF, Deputy Prime Minister, Alawi, in meetings of late, is a sign... A big one...many players ...at the "End Game!" IMO
4-22-2022 Newshound Guru Kaperoni My personal view is I still believe that Iraq will float the dinar allowing it to gradually appreciate as the economy in Iraq prosperous. Which means it'll be gradually over time and it's going to take a while. I firmly believe only with the success of Iraq's economy can the dinar appreciate in value.
4-22-2022 Intel Guru Bruce [via WiserNow] ...Iraq is going to do their thing finally this weekend – they have been pushed...it appears they are going to do it – my gut is they will do it Sunday... What I’m hearing and this is coming through a Wells Fargo contact by a Treasury representative it’s indicating that we will have – that the RV and GCR - is scheduled to take place this weekend...I’m hearing we’re supposed to get notified over this weekend and if we’re not started over the weekend that we would start exchanges Monday...I think this whole thing is going to come together in a beautiful picture and we’ll be amazed when it does...
4-22-2022 Newshound Guru Pimpy Things are really starting to look good for Iraq in many different ways. If they could just get past this political blockage, get a government formed...stick to the white papers - then I think they're going to do really good. The World Bank and IMF have been making some really strong predictions for Iraq's economy and if they can stick to where they are it's going to be really good for them...Iraq is recovering way faster than they thought. I haven't changed my mind, when Iraqi dinar goes up it's going to go up in increments...
4-22-2022 Newshound Guru Godlover Community comment "the parliament votes on the budget, then send it to the President to be implemented. So far Parliament has not done anything in regards to approving it, it does seem that they have not even received it yet...imo" Yes imo parliament will need to vote on the budget, with or without a new rate prior...Of course, a new government is needed prior to any monetary reform...if Kazemi gets to continue, it needs an official announcement. With that said, this new food security law seems to be an option they are trying to pass with urgency, anticipating the process for a new government seating could take awhile, as well as the budget approval.
4-22-2022 Intel Guru MarkZ [via PDK] My Redemption center contacts will be on call this weekend. They do not know if they will be working or not. It’s been a ping pong game with them…one day they are told to get ready its happening…the next day…stand down…not ready yet. I think this tells us just how close we are that they have everyone ready to jump at a moments notice...This has been a very strange week. Hurry up and wait…There are a lot if indicators for May 2nd to May 7th for a new government in Iraq. There has been more conversations about the NEER [Nominal Effective Exchange Rate]…it is interesting to watch.
4-22-2022 Newshound/Intel Guru Walkingstick Question: "Ukraine - Russia will it effect the monetary reform?" Not at all. Question: "Is the Russian ruble gold backed?" In reality, no.
4-22-2022 Intel Guru Frank26 Article: "Iraq... Ambiguity surrounding the 2022 budget" WHAT'S IN THE BUDGET... THE NEW EXCHANGE RATE. Article: "The Prime Minister's spokesperson is hosted by Parliament to discuss the budget" THE TALK ABOUT THE BUDGET AND THE NEW EXCHANGE RATE IS HOT!!!
4-22-2022 Newshound/Intel Guru Mnt Goat Article: "THE MINISTRY OF FINANCE CLARIFIES ABOUT RESTORING THE DOLLAR PRICE TO 120
THOUSAND IN THE 2022 BUDGET" Quote: "There is no truth to the news circulating on social media and attributed to the Undersecretary of the Ministry of Finance about the existence of ongoing discussions to re-reduce the price of the dollar to 120 thousand dinars within the 2022 budget" I have told everyone over and over again that the RV is NOT in the budget nor will it ever be in the budget.
4-22-2022 Intel Guru MarkZ [via PDK] [how long after the dinar goes will the dong go?] They should go at the same time unless Iraq gets tired of waiting and goes with the NEER rate ($1.60) I think there is a 1% chance of that. 99% chance they will go at exactly the same time.
4-22-2022 Newshound Guru Petra I suspect after seeing the UST, WB, IMF, Deputy Prime Minister, Alawi, in meetings of late, is a sign... A big one...many players ...at the "End Game!" IMO
4-21-2022 Intel Guru MarkZ [via PDK] There is some news coming out of Iraq. Articles today said there are proposals to keep the current government. But they want to make a constitutional change to a more traditional government with more continuity so they don’t continue to have a breakdown each time they try to seat a government. They are trying to do this between the 2nd and 7th of May. This should give them the ability to pull the trigger on a new value...it appears to me Iraq is laying the groundwork to do whatever it takes …this may include running with the NEER (Nominal Effective Exchange Rate - $1.60) or pushing the envelope so they are forcing the world to acknowledge a rate change in Iraq.
4-21-2022 Newshound/Intel Guru Walkingstick Question: "Is Maliki still throwing monkey wrenches to stall this monetary reform? Trying. That will never change but it's not going to happen.
4-21-2022 Intel Guru Frank26 The date I told you was in titanium. Who in the world would have thought Biden would do what he is doing to our economy and every economy on this planet? The titanium date has passed. The titanium date was in the first quarter of this year IMO...but they are moving forward...
4-21-2022 Intel Guru MarkZ [via PDK] [Will gifted money [Iraqi Dinar] be taxed?] We don’t think so. But not 100% sure. The overwhelming majority of all of my sources from government to military to banking do not believe so…but best to be prepared just in case. [NOTE: Always consult your tax professional at the appropriate time when it comes to currency exchange and gifting.]
4-21-2022 Newshound Guru Clare Question "Do I remember correctly that the caretaker gov't can become the seated gov't by Kazemi making it so?" YES, THE GOVERNMENT DOES NOT NECESSARILY HAVE TO CHANGE AS THE ARTICLES HAVE SAID THEY MAY AGREE TO KEEP KAZEMI, BUT WE NEED THE OFFICIAL ANNOUNCEMENT OF THE NEW GOV. EVEN WITH KAZEMI...THERE NEEDS TO BE CONFIDENCE IN THEIR GOV. IMO
4-21-2022 Newshound Guru Samson Article: "Iraq... Ambiguity surrounding the 2022 budget" Quote: "one of the most important priorities of the upcoming budget, according to global oil prices, is to adjust the value of the dinar against the dollar,"...
4-21-2022 Intel Guru MarkZ [via PDK] There was such an overwhelming amount of chatter last night with expectations for today and this afternoon ...Everybody I know is sitting at the edge of their seats...My contacts in redemption centers are on high alert…they don’t want them more that 45 minutes away from the office today and for the rest of the week. Let’s not get to excited but the chatter seems to think this is the week. ...I am hearing closer to the May 2nd period. But am not ruling out sooner from what I am hearing from my redemption folks. Take all dates with a grain of salt…
4-21-2022 Newshound Guru Godlover Comment from Guru Frank26: "INSIDE OF THIS MONTH OF APRIL...IN MY VERY STRONG OPINION, SOMETHING MAJOR WILL OCCUR INSIDE OF IRAQ..." Hopefully this be a new seated government, or the current caretaker government will have been voted by parliament to remain another year or so per many articles. Then they will have the authority to send the general budget to parliament. Or could this be about the new food security law that has been a very hot topic of late? Time will tell.
4-21-2022 Newshound Guru Pimpy Article: "70 private banks in Iraq - and the World Bank expects it to be ranked first in the Arab world in growth" Yes, the World Bank is saying that Iraq is going to be #1 in terms of GDP growth verse the rest of the Arab world which is outstanding news...this is exactly what you want, huge growth, stable government, a bigger private sector, less reliant on oil. This is great news. This looks very good as long as they can stick to reforms, don't rush the exchange because if you do it could be a setback and they will end up waiting years.
4-21-2022 Newshound Guru Militiaman Article: "Is It Possible To Pass The Budget Of The Caretaker Government Without Final Accounts?" My view is that it is possible that the Care Taker governments can and may have this sorted already and we will find out in short order to support that fact again, imo. The UST, IMF-WB meetings...over the last week imo will bare fruit and likely large fruit. So plentiful that the citizens will be fed for generations to come... Imo I.E.. 2022 Budget with new exchange rate to be exposed back to a previous era.
4-21-2022 Newshound/Intel Guru Mnt Goat It looks like there is finally a breakthrough in forming the new government ...The announcement has not yet happened and is very close. I am told it will happen this week and Saleh and Kazemi will remain in place. This is fantastic news...Not only Sadr but Kazemi and Saleh both support the anti-corruption efforts. WOW! Folks this is our path to the reinstatement...
4-21-2022 Newshound/Intel Guru Walkingstick Question: "Is Maliki still throwing monkey wrenches to stall this monetary reform? Trying. That will never change but it's not going to happen.
4-21-2022 Intel Guru Frank26 The date I told you was in titanium. Who in the world would have thought Biden would do what he is doing to our economy and every economy on this planet? The titanium date has passed. The titanium date was in the first quarter of this year IMO...but they are moving forward...
4-21-2022 Intel Guru MarkZ [via PDK] [Will gifted money [Iraqi Dinar] be taxed?] We don’t think so. But not 100% sure. The overwhelming majority of all of my sources from government to military to banking do not believe so…but best to be prepared just in case. [NOTE: Always consult your tax professional at the appropriate time when it comes to currency exchange and gifting.]
4-21-2022 Newshound Guru Clare Question "Do I remember correctly that the caretaker gov't can become the seated gov't by Kazemi making it so?" YES, THE GOVERNMENT DOES NOT NECESSARILY HAVE TO CHANGE AS THE ARTICLES HAVE SAID THEY MAY AGREE TO KEEP KAZEMI, BUT WE NEED THE OFFICIAL ANNOUNCEMENT OF THE NEW GOV. EVEN WITH KAZEMI...THERE NEEDS TO BE CONFIDENCE IN THEIR GOV. IMO
4-21-2022 Newshound Guru Samson Article: "Iraq... Ambiguity surrounding the 2022 budget" Quote: "one of the most important priorities of the upcoming budget, according to global oil prices, is to adjust the value of the dinar against the dollar,"...
4-21-2022 Intel Guru MarkZ [via PDK] There was such an overwhelming amount of chatter last night with expectations for today and this afternoon ...Everybody I know is sitting at the edge of their seats...My contacts in redemption centers are on high alert…they don’t want them more that 45 minutes away from the office today and for the rest of the week. Let’s not get to excited but the chatter seems to think this is the week. ...I am hearing closer to the May 2nd period. But am not ruling out sooner from what I am hearing from my redemption folks. Take all dates with a grain of salt…
4-21-2022 Newshound Guru Godlover Comment from Guru Frank26: "INSIDE OF THIS MONTH OF APRIL...IN MY VERY STRONG OPINION, SOMETHING MAJOR WILL OCCUR INSIDE OF IRAQ..." Hopefully this be a new seated government, or the current caretaker government will have been voted by parliament to remain another year or so per many articles. Then they will have the authority to send the general budget to parliament. Or could this be about the new food security law that has been a very hot topic of late? Time will tell.
4-21-2022 Newshound Guru Pimpy Article: "70 private banks in Iraq - and the World Bank expects it to be ranked first in the Arab world in growth" Yes, the World Bank is saying that Iraq is going to be #1 in terms of GDP growth verse the rest of the Arab world which is outstanding news...this is exactly what you want, huge growth, stable government, a bigger private sector, less reliant on oil. This is great news. This looks very good as long as they can stick to reforms, don't rush the exchange because if you do it could be a setback and they will end up waiting years.
4-21-2022 Newshound Guru Militiaman Article: "Is It Possible To Pass The Budget Of The Caretaker Government Without Final Accounts?" My view is that it is possible that the Care Taker governments can and may have this sorted already and we will find out in short order to support that fact again, imo. The UST, IMF-WB meetings...over the last week imo will bare fruit and likely large fruit. So plentiful that the citizens will be fed for generations to come... Imo I.E.. 2022 Budget with new exchange rate to be exposed back to a previous era.
4-21-2022 Newshound/Intel Guru Mnt Goat It looks like there is finally a breakthrough in forming the new government ...The announcement has not yet happened and is very close. I am told it will happen this week and Saleh and Kazemi will remain in place. This is fantastic news...Not only Sadr but Kazemi and Saleh both support the anti-corruption efforts. WOW! Folks this is our path to the reinstatement...
4-20-2022 Newshound Guru Petra Press Release "U.S. Department of the Treasury: Under Secretary Brian Nelson’s Meeting with Iraqi Deputy Prime Minister and Minister of Finance, Ali Allawi" I'm having a hard time with that Food Security Law. With the budget imminent, what's the need for it? UNLESS...it's a COVER for something else??? ...I think we can all agree that the "actions" we are seeing clearly delineate a game plan and a strategic execution of timing and global input for Iraq 's next move. With food prices skyrocketing they clearly only have one move to protect their citizenry. A global Force Play!
4-20-2022 Intel Guru Frank26 Question: "Ukraine - Russia will it effect the monetary reform?" No. What does the ruble have to do with the monetary reform of the Iraq ? ...the ruble is being destroyed. Is the ruble on par with the Iraqi dinar? No...what they are doing has nothing to do with the beauty, the supreme efforts that are being done by Kazemi and Mustafa for their country, for their currency. The whole world wants to pour into Iraq and do business with them.
4-20-2022 Newshound Guru Pimpy Article "Central Bank: cash reserves exceeded 70 billion dollars" ...The Central bank has reserves exceed $70 Billion. This is good. Iraq continues to build up the reserves...the more Iraq continues to build up their reserves the easier it is for them to stabilize their own currency...with these reserves they can...increase the value of the exchange rate by buying more of their own currency off the market... Iraq 's foreign reserves are increasing. It's just another step in strengthening the Iraqi dinar and then eventually moving up in the exchange rate. [Post 2 of 2]
4-20-2022 Newshound Guru Pimpy Video "Why Foreign Currency Reserves Are Important" Quote "holding foreign currency reserves...influence the exchange rate. With large foreign exchange reserves a country can target a certain exchange rate. For example, suppose a country wanted to increase the value of its currency, it could sell its dollar reserves to buy its own currency on the foreign exchange markets. The increased demand for this currency would appreciate its value." ...a few years back Iraq was taking I think $1.5 billion a month from their oil revenues and buying their own currency back off the market... [Post 1 of 2]
4-20-2022 Intel Guru MarkZ [via PDK] ...good vibes starting to roll around… there is something in the air…I can feel it...My redemption center folks are finally excited again. They believe they will absolutely be working this weekend. I am getting a lot of chatter from my banking sources about tomorrow. Makes me a little nervous but tentatively excited. It somehow feels like we have turned a corner...
4-20-2022 Newshound Guru Samson Article: "The Central Bank of Iraq achieves the highest percentage of hard currency reserves since 2014" Article: "The Central Bank: Our cash reserves exceeded $70 billion"
4-20-2022 Newshound/Intel Guru Walkingstick Question: "Do you think Iraq has enough security and stability right now to reinstate their currency?" Most definitely...waiting on a seated government. Nothing else is preventing them from releasing the new exchange rate...they are prepared now to introduce a new exchange and currency...
4-20-2022 Intel Guru Militiaman Press Release: "U.S. Department of the Treasury: Under Secretary Brian Nelson’s Meeting with Iraqi Deputy Prime Minister and Minister of Finance, Ali Allawi" The food law, as they are calling it is a necessity of the citizens. They have been talking about the GOI and the 2022 Budget, i.e., a new exchange rate too IMO. Quote: "They discussed challenges facing Iraq, including inflation and pressure on supplies of food and other commodities as spillovers from Russia’s invasion of Ukraine – food prices in Iraq have increased by double digits since the start of the war." A new exchange rate is imo all that is needed to curb inflation and bring purchase power...Lets see what the day(s) bring...I like this a lot. It is a very timely piece from the UST...
4-20-2022 Intel Guru MarkZ [via PDK] [Do you think they could change the dinar…making the notes we hold no good?] Eventually yes…AFTER we have all exchanged. After a certain amount of time…the large 3 zero notes will be no good...Whenever they change to a new series of notes…there is a time period to exchange the old ones before they are no longer good.
4-20-2022 Intel Guru Fleming ...In a call with the Central Bank of Iraq...happy news was shared...Iraq has had their “Interim Government” in place for the past 2 weeks. The have removed all Iranians (troublemakers), from government...The new (approximate) Golden Dinar rate is 1 IQD to $3 USD...The only compelling reason to wait to begin Tier 4 exchange, is for the ISO 20022 [an ISO standard for electronic data interchange between financial institutions.], which goes into effect the end of the month for currency all over the world. It’s the final, and the verifiable triggering event...Relax with a hopeful knowledge that this is the end of your long wait...
4-20-2022 Intel Guru Frank26 Question: "Ukraine - Russia will it effect the monetary reform?" No. What does the ruble have to do with the monetary reform of the Iraq ? ...the ruble is being destroyed. Is the ruble on par with the Iraqi dinar? No...what they are doing has nothing to do with the beauty, the supreme efforts that are being done by Kazemi and Mustafa for their country, for their currency. The whole world wants to pour into Iraq and do business with them.
4-20-2022 Newshound Guru Pimpy Article "Central Bank: cash reserves exceeded 70 billion dollars" ...The Central bank has reserves exceed $70 Billion. This is good. Iraq continues to build up the reserves...the more Iraq continues to build up their reserves the easier it is for them to stabilize their own currency...with these reserves they can...increase the value of the exchange rate by buying more of their own currency off the market... Iraq 's foreign reserves are increasing. It's just another step in strengthening the Iraqi dinar and then eventually moving up in the exchange rate. [Post 2 of 2]
4-20-2022 Newshound Guru Pimpy Video "Why Foreign Currency Reserves Are Important" Quote "holding foreign currency reserves...influence the exchange rate. With large foreign exchange reserves a country can target a certain exchange rate. For example, suppose a country wanted to increase the value of its currency, it could sell its dollar reserves to buy its own currency on the foreign exchange markets. The increased demand for this currency would appreciate its value." ...a few years back Iraq was taking I think $1.5 billion a month from their oil revenues and buying their own currency back off the market... [Post 1 of 2]
4-20-2022 Intel Guru MarkZ [via PDK] ...good vibes starting to roll around… there is something in the air…I can feel it...My redemption center folks are finally excited again. They believe they will absolutely be working this weekend. I am getting a lot of chatter from my banking sources about tomorrow. Makes me a little nervous but tentatively excited. It somehow feels like we have turned a corner...
4-20-2022 Newshound Guru Samson Article: "The Central Bank of Iraq achieves the highest percentage of hard currency reserves since 2014" Article: "The Central Bank: Our cash reserves exceeded $70 billion"
4-20-2022 Newshound/Intel Guru Walkingstick Question: "Do you think Iraq has enough security and stability right now to reinstate their currency?" Most definitely...waiting on a seated government. Nothing else is preventing them from releasing the new exchange rate...they are prepared now to introduce a new exchange and currency...
4-20-2022 Intel Guru Militiaman Press Release: "U.S. Department of the Treasury: Under Secretary Brian Nelson’s Meeting with Iraqi Deputy Prime Minister and Minister of Finance, Ali Allawi" The food law, as they are calling it is a necessity of the citizens. They have been talking about the GOI and the 2022 Budget, i.e., a new exchange rate too IMO. Quote: "They discussed challenges facing Iraq, including inflation and pressure on supplies of food and other commodities as spillovers from Russia’s invasion of Ukraine – food prices in Iraq have increased by double digits since the start of the war." A new exchange rate is imo all that is needed to curb inflation and bring purchase power...Lets see what the day(s) bring...I like this a lot. It is a very timely piece from the UST...
4-20-2022 Intel Guru MarkZ [via PDK] [Do you think they could change the dinar…making the notes we hold no good?] Eventually yes…AFTER we have all exchanged. After a certain amount of time…the large 3 zero notes will be no good...Whenever they change to a new series of notes…there is a time period to exchange the old ones before they are no longer good.
4-20-2022 Intel Guru Fleming ...In a call with the Central Bank of Iraq...happy news was shared...Iraq has had their “Interim Government” in place for the past 2 weeks. The have removed all Iranians (troublemakers), from government...The new (approximate) Golden Dinar rate is 1 IQD to $3 USD...The only compelling reason to wait to begin Tier 4 exchange, is for the ISO 20022 [an ISO standard for electronic data interchange between financial institutions.], which goes into effect the end of the month for currency all over the world. It’s the final, and the verifiable triggering event...Relax with a hopeful knowledge that this is the end of your long wait...
4-19-2022 Newshound/Intel Guru Walkingstick Question: "Do you think 2 to 1 is enough? Is it possible for them to consider in their recalculations to make it go even higher?" Yes for the fact they are now looking at the introduction of a currency basket not on par with the USD...
4-19-2022 Intel Guru MarkZ [via PDK] There is conflicting news coming out of Iraq which we always expected would happen at the end. We were told to expect Iraq to put out all kinds of “dates” when it was close…That is what we are seeing. If you read the Kuwaiti newspaper the day before they revalued theirs…they said the RV was about 3 years away…conflicting stories with dates all over the board…then they RV’d it that next morning...I am praying they are right with this news about Thursday from the banking side. [post 2 of 2]
4-19-2022 Intel Guru MarkZ [via PDK] A lot of banking contacts reached out to me today and I am very hesitant to even say it but…I will let you guys manage your own expectations and I will share what I have heard...I think April is going to be fantastic. The banking side has expectations of an announcement on Thursday…my phone has been blowing up with this story of banks expecting to start giving notices on Thursday. This is from banking personnel...I do not know how much credence to give this so don’t make any decisions based on this…I am hopeful that perhaps this is it…but… [post 1 of 2....stay tuned]
4-19-2022 Newshound Guru Clare Question: "Will the IQD be asset backed when there is a change in rate?" YES, BECAUSE IT IS ASSET BACKED ALREADY BECAUSE THE AMOUNT OF WEALTH IRAQ HOLDS IS AMAZING!!! IMO THE CBI RESERVES ARE VERY HIGH! COUNTRIES HAVE INVESTED & CURRENCY SWAPS HAVE TAKEN PLACE ... BECAUSE THEY KNOW WHAT IS GOING TO HAPPEN IN IRAQ!
4-19-2022 Newshound Guru Pimpy Everybody's wanting to know about the Iraqi rate change. I'm going to tell you right now, until the government is formed, the budget is passed, more money is invested into the private sector - that is not going to happen. I know that's not a popular thing to say but...we stay grounded. I'm not here to blow smoke up your butt. I'm here to just be realistic about this investment...
4-19-2022 Intel Guru Frank26 Article: "The Dollar Exchange Rate That Will Be Approved In The 2022 Budget " WHY DO YOU NEED TO APPROVE THE EXCHANGE RATE FOR THE 2022 BUDGET... WHEN YOU ALREADY HAVE AN EXCHANGE RATE... UNLESS YOU'RE GOING TO CHANGE IT.
4-19-2022 Intel Guru MarkZ [via PDK] It has been so quiet... I am hoping it’s the quiet before the storm because it has been silent on all fronts this week...I think we will have slow, steady disclosure going on throughout the week... I also think we are on high alert. I am stunned we are still sitting here waiting and it’s already April 19th... Iraq has already had meetings on what to do with the abundance of funds they are about to have.
4-19-2022 Newshound/Intel Guru Walkingstick A caretaker government will not introduce a new exchange rate. A caretaker government is just that, to keep a functioning government body. The new exchange rate will be introduced by a seated government.
4-19-2022 Newshound/Intel Guru MntGoat ...All the news is very good. ...the CBI once again announced that the monetary reserves are very high. We know the IMF requires just 45 billion for financial stability and they just announced reserves of 70 billion. We know for a fact the reserves are actually around 90-100 billion as they sometimes include the gold reserves valuation in the total and sometimes they don’t.
4-19-2022 Intel Guru MarkZ [via PDK] There is conflicting news coming out of Iraq which we always expected would happen at the end. We were told to expect Iraq to put out all kinds of “dates” when it was close…That is what we are seeing. If you read the Kuwaiti newspaper the day before they revalued theirs…they said the RV was about 3 years away…conflicting stories with dates all over the board…then they RV’d it that next morning...I am praying they are right with this news about Thursday from the banking side. [post 2 of 2]
4-19-2022 Intel Guru MarkZ [via PDK] A lot of banking contacts reached out to me today and I am very hesitant to even say it but…I will let you guys manage your own expectations and I will share what I have heard...I think April is going to be fantastic. The banking side has expectations of an announcement on Thursday…my phone has been blowing up with this story of banks expecting to start giving notices on Thursday. This is from banking personnel...I do not know how much credence to give this so don’t make any decisions based on this…I am hopeful that perhaps this is it…but… [post 1 of 2....stay tuned]
4-19-2022 Newshound Guru Clare Question: "Will the IQD be asset backed when there is a change in rate?" YES, BECAUSE IT IS ASSET BACKED ALREADY BECAUSE THE AMOUNT OF WEALTH IRAQ HOLDS IS AMAZING!!! IMO THE CBI RESERVES ARE VERY HIGH! COUNTRIES HAVE INVESTED & CURRENCY SWAPS HAVE TAKEN PLACE ... BECAUSE THEY KNOW WHAT IS GOING TO HAPPEN IN IRAQ!
4-19-2022 Newshound Guru Pimpy Everybody's wanting to know about the Iraqi rate change. I'm going to tell you right now, until the government is formed, the budget is passed, more money is invested into the private sector - that is not going to happen. I know that's not a popular thing to say but...we stay grounded. I'm not here to blow smoke up your butt. I'm here to just be realistic about this investment...
4-19-2022 Intel Guru Frank26 Article: "The Dollar Exchange Rate That Will Be Approved In The 2022 Budget " WHY DO YOU NEED TO APPROVE THE EXCHANGE RATE FOR THE 2022 BUDGET... WHEN YOU ALREADY HAVE AN EXCHANGE RATE... UNLESS YOU'RE GOING TO CHANGE IT.
4-19-2022 Intel Guru MarkZ [via PDK] It has been so quiet... I am hoping it’s the quiet before the storm because it has been silent on all fronts this week...I think we will have slow, steady disclosure going on throughout the week... I also think we are on high alert. I am stunned we are still sitting here waiting and it’s already April 19th... Iraq has already had meetings on what to do with the abundance of funds they are about to have.
4-19-2022 Newshound/Intel Guru Walkingstick A caretaker government will not introduce a new exchange rate. A caretaker government is just that, to keep a functioning government body. The new exchange rate will be introduced by a seated government.
4-19-2022 Newshound/Intel Guru MntGoat ...All the news is very good. ...the CBI once again announced that the monetary reserves are very high. We know the IMF requires just 45 billion for financial stability and they just announced reserves of 70 billion. We know for a fact the reserves are actually around 90-100 billion as they sometimes include the gold reserves valuation in the total and sometimes they don’t.
4-18-2022 Intel Guru MarkZ [via PDK] There is all kinds of back and forth coming from Iraq. Basically in a nutshell they are saying there will be political breakthrough at the end of Eid Al Fitr. So between now and May 2nd they are looking for it. I think it’s all theatre because they have filed all the necessary paperwork with the UN, World Bank etc…but the chatter from Iraq is to expect something between now and May 2nd. I am still believing its much sooner than that …at any moment.
4-18-2022 Newshound Guru Kaperoni [Follow up to Guru Kaperoi's 'Discovered new dinar research document" Post 4-15-2022] If this event occurs, Iraq will make citizens exchange 1,000 current Iraqi dinars for one new Iraqi dinar. That one new Iraqi dinar would be worth approximately $0.50. In other words, about $500 per million of the current dinar. The research paper published and proposed to the central bank for the currency change in Iraq discusses the specific conditions for the implementation. Those conditions are met therefore it recommends the beginning of 2023. This plan is a neutral currency swap at 1000 current dinar to 1 new dinar. Iraq is discussing a new currency, in essence a re-denomination. Not a RV!
4-18-2022 Newshound Guru Pimpy The faster they get away from depending so much on oil the faster they can create more jobs for the Iraqi people, the faster they can get more people off government assistance the better. Then if they get to stabilize their government I don't think it'll be too long after that we'll see something change in the dinar rate...
4-18-2022 Intel Guru MarkZ [via PDK] Looks like President Saleh and Prime Minister Al-Kazemi will continue their roles in Iraq... I am told Kazemi sticking around could speed up the Rv. Also cause more clean-ups of corruption in Iraq. I am told the budget will get done this week and they have worked out the interim government.
4-18-2022 Newshound Guru Godlover I do not care if the budget is sent to parliament immediately. I do not want the 2022 budget opening before a new government seating & neither should you.
4-18-2022 Newshound Guru MilitiaMan Article: "Iraq.. Expose the reasons for the demands to withdraw the hand of the director of customs" No wonder there is movement on the borders to get compliance, the ISO20022 [electronic data interchange between financial institutions] is in the making already. It has been long over due. This article supports that the time is now not next year...The world is not looking back nor are they waiting much longer for significant change. There no more procrastination and Iraq has shown they know it and have had to react. This is a very good sign... imo..
4-18-2022 Newshound Guru Samson Article: "The Central Bank announces an increase in cash reserves to 70 billion dollars”
4-18-2022 Intel Guru MarkZ [via PDK] Article: “The World Bank announces in numbers the recovery of the Iraqi economy” They go into great depth on just how recovered and how flush and fluid Iraq is…. These dollars will not do them any good in the existing structure or value of the dinar…they really need a value change.
4-18-2022 Newshound Guru Kaperoni [Follow up to Guru Kaperoi's 'Discovered new dinar research document" Post 4-15-2022] If this event occurs, Iraq will make citizens exchange 1,000 current Iraqi dinars for one new Iraqi dinar. That one new Iraqi dinar would be worth approximately $0.50. In other words, about $500 per million of the current dinar. The research paper published and proposed to the central bank for the currency change in Iraq discusses the specific conditions for the implementation. Those conditions are met therefore it recommends the beginning of 2023. This plan is a neutral currency swap at 1000 current dinar to 1 new dinar. Iraq is discussing a new currency, in essence a re-denomination. Not a RV!
4-18-2022 Newshound Guru Pimpy The faster they get away from depending so much on oil the faster they can create more jobs for the Iraqi people, the faster they can get more people off government assistance the better. Then if they get to stabilize their government I don't think it'll be too long after that we'll see something change in the dinar rate...
4-18-2022 Intel Guru MarkZ [via PDK] Looks like President Saleh and Prime Minister Al-Kazemi will continue their roles in Iraq... I am told Kazemi sticking around could speed up the Rv. Also cause more clean-ups of corruption in Iraq. I am told the budget will get done this week and they have worked out the interim government.
4-18-2022 Newshound Guru Godlover I do not care if the budget is sent to parliament immediately. I do not want the 2022 budget opening before a new government seating & neither should you.
4-18-2022 Newshound Guru MilitiaMan Article: "Iraq.. Expose the reasons for the demands to withdraw the hand of the director of customs" No wonder there is movement on the borders to get compliance, the ISO20022 [electronic data interchange between financial institutions] is in the making already. It has been long over due. This article supports that the time is now not next year...The world is not looking back nor are they waiting much longer for significant change. There no more procrastination and Iraq has shown they know it and have had to react. This is a very good sign... imo..
4-18-2022 Newshound Guru Samson Article: "The Central Bank announces an increase in cash reserves to 70 billion dollars”
4-18-2022 Intel Guru MarkZ [via PDK] Article: “The World Bank announces in numbers the recovery of the Iraqi economy” They go into great depth on just how recovered and how flush and fluid Iraq is…. These dollars will not do them any good in the existing structure or value of the dinar…they really need a value change.
4-17-2022 Newshound Guru Pimpy Yep more rate change conversation. They're out there talking about their rate exchange again...This seems to be the talk of the town. Article: "Finance responses to news of its discussion to reduce the dollar exchange rate" Before we had a lot of discussion about the rate change. That's obviously died down a little but I think it was interesting that there was article after article talking about a rate change given the fact that oil prices we up in a big way...$150/barrel that's supposed to be happening shortly. If the projections are correct then Iraq is going to have a lot more money than they had anticipated...which is what you want...
4-17-2022 Newshound Guru Kaperoni This is proposed and of course it directly is related to Iraq forming a new government prior...the Central Bank of Iraq would have to accept the proposal. But considering this proposal is public, and symposiums are being held to educate the citizens, it appears to be what is being pushed forward to be implemented. [Post 2 of 2]
4-17-2022 Newshound Guru Kaperoni [Follow up to Guru Kaperoi's 'Discovered new dinar research document" Post 4-15-2022] ...what is being talked about and proposed in Iraq for the beginning of 2023 is a currency exchange (LOP). At least two public events must happen before this currency exchange could occur. Parliament must vote and approve of the new currency and implementation and they must officially notify the citizens. The proposed implementation is at the beginning of 2023. [Post 1 of 2....stay tuned]
4-17-2022 Newshound Guru Godlover Question: "don't we need the rate before the budget passes and is opened???" I have always had it in my mind that everything would be completed prior to the budget opening. So yes I do believe the rate should be figured into the budget prior, I just am not a fan of the theory that it will be exposed prior to the budget opening...If a new rate is figured within a said budget, I don't see the logic of the new rate being usable prior to the said budget being opened. The budget is based off of expenditures/finances in a specific rate. I am a firm believer that the budget opening & the CBI announcement (per se), will happen at the same time...pure speculation until proven otherwise.
4-17-2022 Newshound Guru Clare Article: "Overtaking Qatar, Saudi Arabia and the UAE... Iraq is the first in terms of GDP growth and per capita" THIS IS REALLY GREAT! IMO AND THIS IS FOR 2022... ACCORDING TO THE ARTICLE.
4-17-2022 Newshound Guru Pimpy Article: "Cities of Iraq witness demonstrations calling for the speedy formation of the government" When people are going 'Oh man we got all kinds of money coming in Iraq. We're going to do the rate change!' No, No you're not...you have to have a stable government, a stable economy and there has to be peace there not civil unrest. Until all this stuff gets squashed and we move forward with a government that's formed, a budget that's passed and the people are not protesting, you're not going to see a rate change...
4-17-2022 Intel Guru MarkZ [via PDK] [I read that Iraq may come out with a .50 cent rate.] Don’t worry about that …It doesn’t fix their financial issues. Now I have heard that they are floating a NEER rate (Nominal Effective Exchange Rate) of $1.60...If they decide to go by themselves….the rate would be around $1.60. That is a small possibility this could happen...
4-17-2022 Newshound Guru Kaperoni This is proposed and of course it directly is related to Iraq forming a new government prior...the Central Bank of Iraq would have to accept the proposal. But considering this proposal is public, and symposiums are being held to educate the citizens, it appears to be what is being pushed forward to be implemented. [Post 2 of 2]
4-17-2022 Newshound Guru Kaperoni [Follow up to Guru Kaperoi's 'Discovered new dinar research document" Post 4-15-2022] ...what is being talked about and proposed in Iraq for the beginning of 2023 is a currency exchange (LOP). At least two public events must happen before this currency exchange could occur. Parliament must vote and approve of the new currency and implementation and they must officially notify the citizens. The proposed implementation is at the beginning of 2023. [Post 1 of 2....stay tuned]
4-17-2022 Newshound Guru Godlover Question: "don't we need the rate before the budget passes and is opened???" I have always had it in my mind that everything would be completed prior to the budget opening. So yes I do believe the rate should be figured into the budget prior, I just am not a fan of the theory that it will be exposed prior to the budget opening...If a new rate is figured within a said budget, I don't see the logic of the new rate being usable prior to the said budget being opened. The budget is based off of expenditures/finances in a specific rate. I am a firm believer that the budget opening & the CBI announcement (per se), will happen at the same time...pure speculation until proven otherwise.
4-17-2022 Newshound Guru Clare Article: "Overtaking Qatar, Saudi Arabia and the UAE... Iraq is the first in terms of GDP growth and per capita" THIS IS REALLY GREAT! IMO AND THIS IS FOR 2022... ACCORDING TO THE ARTICLE.
4-17-2022 Newshound Guru Pimpy Article: "Cities of Iraq witness demonstrations calling for the speedy formation of the government" When people are going 'Oh man we got all kinds of money coming in Iraq. We're going to do the rate change!' No, No you're not...you have to have a stable government, a stable economy and there has to be peace there not civil unrest. Until all this stuff gets squashed and we move forward with a government that's formed, a budget that's passed and the people are not protesting, you're not going to see a rate change...
4-17-2022 Intel Guru MarkZ [via PDK] [I read that Iraq may come out with a .50 cent rate.] Don’t worry about that …It doesn’t fix their financial issues. Now I have heard that they are floating a NEER rate (Nominal Effective Exchange Rate) of $1.60...If they decide to go by themselves….the rate would be around $1.60. That is a small possibility this could happen...
4-16-2022 Newshound Guru Pimpy Article: "Renewal is underway for Saleh and Al-Kazemi in power in Iraq" I don't live in Iraq obviously and as much as I know about it I've learned through articles. But it appears to me that Al-Kazemi and Saleh have been a great team...they seem to have accomplished a lot in a short time that they've been in office together... to me this appears to be good news...things appear to be on the right track.
4-16-2022 Newshound Guru Samson Article: "An unexpected surprise.. Leaks indicate that the coordination framework may present Al-Kazemi as a compromise candidate and keep his government"
4-16-2022 Newshound Guru Kaperoni One thing that has occurred there have been several events/symposiums over the last 10 months or so held discussing and educating the citizens of Iraq this plan...we have always been hoping for Iraq to build a prosperous diverse economy away from oil. With the success of that economy would allow the current dinar to gradually appreciate without replacement overtime. [Post 2 of 2]
4-16-2022 Newshound Guru Kaperoni [Follow up to Guru Kaperoi's 'Discovered new dinar research document" Post 4-15-2022] I have stated numerous times any discussion from Iraq about deleting 3 zeros is a LOP. Which we do not want to see occur. Again, we do not want to see this happen. It is also very important to understand in order for Iraq to issue a new currency, parliament must vote and approve. This has been discussed but due to the lack of a new government, nothing has been approved yet. [Post 1 of 2....stay tuned]
4-16-2022 Newshound Guru Clare Article: "Renewal is underway for Saleh and Al-Kazemi in power in Iraq… Details of a resounding surprise published by (Baghdad Today)"
4-16-2022 Intel Guru MarkZ [via PDK] [Most people think it’s this weekend because of Easter…do you agree?] It is highly possible. ...Is it the most likely time for it to occur…yes. There is a tremendous amount of chatter. But I am always concerned when to many people are in agreement.
4-16-2022 Newshound Guru Godlover Question: [Doesn't it make more sense for the CBI to reinstate/revalue the currency before the budget is released? ...IMO it doesn't seem like a good idea to show the budget before the CBI comes out with a rate.] Before the budget is released or Opened rather...sure I agree with that. Rate exposed prior to sending the budget to parliament, not so much. Certainly whatever the budget opens at, that will be what it is for the remainder of this year. God willing it is a new rate, but it is just speculation until proven otherwise.
4-16-2022 Newshound Guru Pimpy Rumors are they're going to keep Salih president and Al-Kazemi as Prime Minister. I really do think this is a good move. Although there are some people out there who are not happy with the idea. I do believe that they were getting Iraq back on track. A lot was accomplished under the short term that Al-Kazemi had...
4-16-2022 Newshound/Intel Guru Mnt Goat WE are told by the CBI that the currency will finally see its final stages of the currency reform project after a “stable” government is in place...The pressure is enormous and we find out there are massive protests and rallies planned for the near future in Iraq. ...Al-Maliki will do anything to see al-Kazemi not stay in office...Al-Sadr knows this can’t be the case for the survival of Iraq. So, this is where we stand as investors in the dinar. We must wait it out. [post 2 of 2]
4-16-2022 Newshound/Intel Guru Mnt Goat ...Foreign entities want to be able to FREELY move money in and out of Iraq. This is not now possible without a freely tradable and exchangeable currency which is really only obtained by global trading on FOREX and the other global exchanges. So, we have to sit tight and watch this election saga play out.
[post 1 of 2....stay tuned]
4-16-2022 Newshound Guru Samson Article: "An unexpected surprise.. Leaks indicate that the coordination framework may present Al-Kazemi as a compromise candidate and keep his government"
4-16-2022 Newshound Guru Kaperoni One thing that has occurred there have been several events/symposiums over the last 10 months or so held discussing and educating the citizens of Iraq this plan...we have always been hoping for Iraq to build a prosperous diverse economy away from oil. With the success of that economy would allow the current dinar to gradually appreciate without replacement overtime. [Post 2 of 2]
4-16-2022 Newshound Guru Kaperoni [Follow up to Guru Kaperoi's 'Discovered new dinar research document" Post 4-15-2022] I have stated numerous times any discussion from Iraq about deleting 3 zeros is a LOP. Which we do not want to see occur. Again, we do not want to see this happen. It is also very important to understand in order for Iraq to issue a new currency, parliament must vote and approve. This has been discussed but due to the lack of a new government, nothing has been approved yet. [Post 1 of 2....stay tuned]
4-16-2022 Newshound Guru Clare Article: "Renewal is underway for Saleh and Al-Kazemi in power in Iraq… Details of a resounding surprise published by (Baghdad Today)"
4-16-2022 Intel Guru MarkZ [via PDK] [Most people think it’s this weekend because of Easter…do you agree?] It is highly possible. ...Is it the most likely time for it to occur…yes. There is a tremendous amount of chatter. But I am always concerned when to many people are in agreement.
4-16-2022 Newshound Guru Godlover Question: [Doesn't it make more sense for the CBI to reinstate/revalue the currency before the budget is released? ...IMO it doesn't seem like a good idea to show the budget before the CBI comes out with a rate.] Before the budget is released or Opened rather...sure I agree with that. Rate exposed prior to sending the budget to parliament, not so much. Certainly whatever the budget opens at, that will be what it is for the remainder of this year. God willing it is a new rate, but it is just speculation until proven otherwise.
4-16-2022 Newshound Guru Pimpy Rumors are they're going to keep Salih president and Al-Kazemi as Prime Minister. I really do think this is a good move. Although there are some people out there who are not happy with the idea. I do believe that they were getting Iraq back on track. A lot was accomplished under the short term that Al-Kazemi had...
4-16-2022 Newshound/Intel Guru Mnt Goat WE are told by the CBI that the currency will finally see its final stages of the currency reform project after a “stable” government is in place...The pressure is enormous and we find out there are massive protests and rallies planned for the near future in Iraq. ...Al-Maliki will do anything to see al-Kazemi not stay in office...Al-Sadr knows this can’t be the case for the survival of Iraq. So, this is where we stand as investors in the dinar. We must wait it out. [post 2 of 2]
4-16-2022 Newshound/Intel Guru Mnt Goat ...Foreign entities want to be able to FREELY move money in and out of Iraq. This is not now possible without a freely tradable and exchangeable currency which is really only obtained by global trading on FOREX and the other global exchanges. So, we have to sit tight and watch this election saga play out.
[post 1 of 2....stay tuned]
4-15-2022 Intel Guru Bruce [via WiserNow] Where is Iraq in this thing? They are still putting out their new rate on Sunday their time – Sunday morning – it’s late Saturday night our time – so I’m looking for that to happen and I’m looking for that to be traded internationally starting Sunday night - that is the first business day in Iraq...So let’s just believe we are here finally at the end...
4-15-2022 Intel Guru MarkZ [via PDK] I am still being told to expect something over the weekend. I am still hearing they are still pushing for the budget to be put before Parliament on Sunday or Monday. Redemption folks are still on call for the weekend and still planning on working on Monday. Wish I had more but its an exceptionally quiet day today.
4-15-2022 Newshound Guru Godlover As far as the budget is concerned, my thinking is that if the current government was able to send the budget to parliament, they would have long ago. After all, there is no reason for them not to have already imo. Furthermore, the food security law seems to be a bypass if you will, to open a mini budget in replacement to the general budget. Something I think is a red flag.
4-15-2022 Newshound Guru Kaperoni 1000 current dinar to 1 new dinar is the exchange. The value of 1 new dinar is recommended to be $0.50 cents. In other words, if you exchanged 1 million current Iraqi dinar for the new dinar it would be worth $500 US dollars. There is no gain. All of these specifics are nothing more than a proposal at this time by prominent economists in Iraq. This proposal was submitted to the central bank for implementation beginning of 2023. It is not official. [Post 2 of 2]
4-15-2022 Newshound Guru Kaperoni A new set of documents completely describing the intent/plan for the dinar has been discovered... they may issue a new dinar currency next year in 2023. The new dinar will...be without zeros. Citizens will exchange their current dinar for the new dinar at 1000 to 1. The new dinar will float and be pegged to a basket of currencies, primarily the Middle East. The switch from the current Iraqi dinar to this new dinar is a neutral event. In essence a LOP. [Post 1 of 2....stay tuned]
4-15-2022 Intel Guru MarkZ [via PDK] The news coming out of Iraq is downright confusing. One block says they have to wait for the new president before they push forward…another block is saying they are going to get the food security bill and the budget in front of this parliament session...I have heard from Saturday to Monday for a budget…but do not know what to expect at this point. So much back and forth in Iraq right now... We will watch it as this is the same kind of rhetoric coming out of Kuwait and China and even Iraq just before they revalued before…they put out misinformation to purposefully throw off the timing. So don’t let these conflicting stories discourage you…We have history to prove this is expected...I do feel good that we are so stinkin close though.
4-15-2022 Newshound Guru Pimpy Good news when it comes to the economy [of Iraq] as well as non-oil sector... Article: "The World Bank announces in numbers the recovery of Iraqi economy" It's looking really good... Quote: "noting that the recovery was mainly driven by the non-oil sector...telecom...transportation, accommodation and retail sectors...". That's what we want to hear...all of this strengthens the dinar...
4-15-2022 Newshound Guru Kaperoni Community comment: "Feels like it was all a scam, and once again, I was a sucker. Don’t think I will ever get rid of it, just in case, but, it sure has been a Looooooong time, and nothing looks to have changed." The idea of overnight riches by buying dinar is a scam. Can the dinar appreciate in value? Yes, it is well documented that it can if Iraq builds an economy.
4-15-2022 Intel Guru MarkZ [via PDK] [Mark do you believe we have a good chance for this weekend?] Yes I do believe we have a good chance for this weekend…especially after my communication with an Iraqi source... saying they are hopeful they will get the food law and budget before parliament to vote on it within 3 days….
4-15-2022 Intel Guru MarkZ [via PDK] I am still being told to expect something over the weekend. I am still hearing they are still pushing for the budget to be put before Parliament on Sunday or Monday. Redemption folks are still on call for the weekend and still planning on working on Monday. Wish I had more but its an exceptionally quiet day today.
4-15-2022 Newshound Guru Godlover As far as the budget is concerned, my thinking is that if the current government was able to send the budget to parliament, they would have long ago. After all, there is no reason for them not to have already imo. Furthermore, the food security law seems to be a bypass if you will, to open a mini budget in replacement to the general budget. Something I think is a red flag.
4-15-2022 Newshound Guru Kaperoni 1000 current dinar to 1 new dinar is the exchange. The value of 1 new dinar is recommended to be $0.50 cents. In other words, if you exchanged 1 million current Iraqi dinar for the new dinar it would be worth $500 US dollars. There is no gain. All of these specifics are nothing more than a proposal at this time by prominent economists in Iraq. This proposal was submitted to the central bank for implementation beginning of 2023. It is not official. [Post 2 of 2]
4-15-2022 Newshound Guru Kaperoni A new set of documents completely describing the intent/plan for the dinar has been discovered... they may issue a new dinar currency next year in 2023. The new dinar will...be without zeros. Citizens will exchange their current dinar for the new dinar at 1000 to 1. The new dinar will float and be pegged to a basket of currencies, primarily the Middle East. The switch from the current Iraqi dinar to this new dinar is a neutral event. In essence a LOP. [Post 1 of 2....stay tuned]
4-15-2022 Intel Guru MarkZ [via PDK] The news coming out of Iraq is downright confusing. One block says they have to wait for the new president before they push forward…another block is saying they are going to get the food security bill and the budget in front of this parliament session...I have heard from Saturday to Monday for a budget…but do not know what to expect at this point. So much back and forth in Iraq right now... We will watch it as this is the same kind of rhetoric coming out of Kuwait and China and even Iraq just before they revalued before…they put out misinformation to purposefully throw off the timing. So don’t let these conflicting stories discourage you…We have history to prove this is expected...I do feel good that we are so stinkin close though.
4-15-2022 Newshound Guru Pimpy Good news when it comes to the economy [of Iraq] as well as non-oil sector... Article: "The World Bank announces in numbers the recovery of Iraqi economy" It's looking really good... Quote: "noting that the recovery was mainly driven by the non-oil sector...telecom...transportation, accommodation and retail sectors...". That's what we want to hear...all of this strengthens the dinar...
4-15-2022 Newshound Guru Kaperoni Community comment: "Feels like it was all a scam, and once again, I was a sucker. Don’t think I will ever get rid of it, just in case, but, it sure has been a Looooooong time, and nothing looks to have changed." The idea of overnight riches by buying dinar is a scam. Can the dinar appreciate in value? Yes, it is well documented that it can if Iraq builds an economy.
4-15-2022 Intel Guru MarkZ [via PDK] [Mark do you believe we have a good chance for this weekend?] Yes I do believe we have a good chance for this weekend…especially after my communication with an Iraqi source... saying they are hopeful they will get the food law and budget before parliament to vote on it within 3 days….
4-14-2022 Newshound Guru Godlover Article: "Parliamentary Finance: The draft food security law will be merged with the budget if this happens" This new food security law is talked about a lot lately...I had mentioned ...that an article spoke of this law having a mini budget included. That article also had stated that it would be a substitute for the general budget...I am starting to think that this new law & the possible mini budget will likely pass & be used to get them through until the 2022 budget is passed further down the road.
4-14-2022 Intel Guru MarkZ [via PDK] ...still...hearing...That this is the weekend…Out of Iraq I am still hearing that they expect a vote on the budget and the food security bill by Monday morning. I am being told from my redemption center contacts that they are on call this weekend but should plan on working Monday. This is big…. This is Easter Monday and they are being told to expect to work...
4-14-2022 Guru Nader From The Mid East I hope they change their mind and they send the budget to parliament today or tomorrow...I don't know what's in the budget. I don't know what's the rate. It can be 1450 or 1460. Can be 1160...can be 1. We don't know what's going on...we're getting frustrated with everything. There's a lot of demonstration going on. [Post 2 of 2]
4-14-2022 Guru Nader From The Mid East Al-Kazemi refused to send the '22 budget to the parliament. The reason they said they will wait for the new government to take place for them to send the budget. But we don't know when this freaking government is going to take. They can't even vote for a government...I don't know if Maliki is going to be the prime minister or not. I don't think so. I hope not. I hope Kazemi stay. Maybe they play a game...I don't know what they're doing... [Post 1 of 2....stay tuned]
4-14-2022 Intel Guru Frank26 Article: "Industry: Iraq is the world's first in sulfur reserves" IT'S NOT JUST OIL!!!
4-14-2022 Newshound Guru Pimpy Article: "Oil surges on OPEC, gold jumps on inflation" Here's some really good news..oil is projected to go to around $150 per barrel. Of course this helps benefit Iraq. And no, the Iraqi dinar exchange rate is not going to change just because it's getting more oil money...there are more things to factor in - A stable government, which they don't even have one established. Stable economy, which they haven't even passed the budget. Plus Iraq has to get away from the fact that 90% of the budget's revenue comes from oil. They are working very hard and great reports have been coming out that the private sector is being built...things are going in the right direction but it isn't going to happen overnight but this is a major help...
4-14-2022 Newshound Guru Sandy Ingram Article: "Economic center warns of the repercussions of delayed budget approval" as you know Iraq was not for the 3rd time able to elect a new government. There is a serious problem that is occurring. The budgets need approval by law and this will cause serious economic issues if the budget is not approved soon...the existing prime minister is calling on parliament to come together to make the necessary votes so they can continue on with business...
4-14-2022 Intel Guru MarkZ [via PDK] Out of Iraq- what I am hearing is that they expect the food security law and the budget to go before Parliament in the next 3 days. It could be as early as first thing tomorrow morning Iraq time. Knowing that they only work a half day on Fridays and usually don’t work on Saturdays…I suspect we will see it very early tomorrow or the first thing on Sunday. I am told the rate is in there. And this is when they will announce their released rate.
4-14-2022 Newshound Guru Godlover The food security law, something I had never heard of until recently, talks of a mini budget to replace the general budget. This new food security law seems to as well prove the theory that the current government does not have the authority to send the 2022 budget. For the record....I pray my thinking is wrong & the budget is sent to parliament & when opened, it contains what we all seek.
4-14-2022 Newshound Guru Militiaman We can see that there is a need for an exchange rate change and quickly. The street is being harmed and they are going into protest mode again...There is a parliament in place along with a legal caretaker government to do day to day business. That day to day business includes actions pertaining to budgets. The 2022 budget has been in the news to be sped up and presented in short order, imo...
4-14-2022 Newshound/Intel Guru Mnt Goat The IQD is being artificially suppressed and we can’t deny it any longer. When will they finally reinstate it? I am being told they need first a stable government, to limit the ability to steal money. So when this election controversy is decided they will move ahead with the project to delete the zeros, which we know, leads to the reinstatement soon after...Iraq is in a better position then ever... You heard this again and again how the leaders of Iraq want to move the country back to the “glory” days. They are right on track too to do this. [post 2 of 2]
4-14-2022 Newshound/Intel Guru Mnt Goat ...a financial advisor to the Prime Minister, Mustafa Al-Kazemi, described the financial situation in Iraq, which is derived from crude oil revenues, as “excellent.” Quotes: “Iraq is in an excellent financial position at the present time, as during the past month alone, oil revenues increased to 11 billion dollars, and this is a very large number that has not been recorded for five decades (50 years).” ; “this is a positive aspect, regardless of the profitability of the economy.” It is telling us that they do not really need to develop the economy to any great extent with oil being so high as they have been telling us all along. They can still reinstate the dinar with all these other revenues. [post 1 of 2....stay tuned]
4-14-2022 Intel Guru MarkZ [via PDK] ...still...hearing...That this is the weekend…Out of Iraq I am still hearing that they expect a vote on the budget and the food security bill by Monday morning. I am being told from my redemption center contacts that they are on call this weekend but should plan on working Monday. This is big…. This is Easter Monday and they are being told to expect to work...
4-14-2022 Guru Nader From The Mid East I hope they change their mind and they send the budget to parliament today or tomorrow...I don't know what's in the budget. I don't know what's the rate. It can be 1450 or 1460. Can be 1160...can be 1. We don't know what's going on...we're getting frustrated with everything. There's a lot of demonstration going on. [Post 2 of 2]
4-14-2022 Guru Nader From The Mid East Al-Kazemi refused to send the '22 budget to the parliament. The reason they said they will wait for the new government to take place for them to send the budget. But we don't know when this freaking government is going to take. They can't even vote for a government...I don't know if Maliki is going to be the prime minister or not. I don't think so. I hope not. I hope Kazemi stay. Maybe they play a game...I don't know what they're doing... [Post 1 of 2....stay tuned]
4-14-2022 Intel Guru Frank26 Article: "Industry: Iraq is the world's first in sulfur reserves" IT'S NOT JUST OIL!!!
4-14-2022 Newshound Guru Pimpy Article: "Oil surges on OPEC, gold jumps on inflation" Here's some really good news..oil is projected to go to around $150 per barrel. Of course this helps benefit Iraq. And no, the Iraqi dinar exchange rate is not going to change just because it's getting more oil money...there are more things to factor in - A stable government, which they don't even have one established. Stable economy, which they haven't even passed the budget. Plus Iraq has to get away from the fact that 90% of the budget's revenue comes from oil. They are working very hard and great reports have been coming out that the private sector is being built...things are going in the right direction but it isn't going to happen overnight but this is a major help...
4-14-2022 Newshound Guru Sandy Ingram Article: "Economic center warns of the repercussions of delayed budget approval" as you know Iraq was not for the 3rd time able to elect a new government. There is a serious problem that is occurring. The budgets need approval by law and this will cause serious economic issues if the budget is not approved soon...the existing prime minister is calling on parliament to come together to make the necessary votes so they can continue on with business...
4-14-2022 Intel Guru MarkZ [via PDK] Out of Iraq- what I am hearing is that they expect the food security law and the budget to go before Parliament in the next 3 days. It could be as early as first thing tomorrow morning Iraq time. Knowing that they only work a half day on Fridays and usually don’t work on Saturdays…I suspect we will see it very early tomorrow or the first thing on Sunday. I am told the rate is in there. And this is when they will announce their released rate.
4-14-2022 Newshound Guru Godlover The food security law, something I had never heard of until recently, talks of a mini budget to replace the general budget. This new food security law seems to as well prove the theory that the current government does not have the authority to send the 2022 budget. For the record....I pray my thinking is wrong & the budget is sent to parliament & when opened, it contains what we all seek.
4-14-2022 Newshound Guru Militiaman We can see that there is a need for an exchange rate change and quickly. The street is being harmed and they are going into protest mode again...There is a parliament in place along with a legal caretaker government to do day to day business. That day to day business includes actions pertaining to budgets. The 2022 budget has been in the news to be sped up and presented in short order, imo...
4-14-2022 Newshound/Intel Guru Mnt Goat The IQD is being artificially suppressed and we can’t deny it any longer. When will they finally reinstate it? I am being told they need first a stable government, to limit the ability to steal money. So when this election controversy is decided they will move ahead with the project to delete the zeros, which we know, leads to the reinstatement soon after...Iraq is in a better position then ever... You heard this again and again how the leaders of Iraq want to move the country back to the “glory” days. They are right on track too to do this. [post 2 of 2]
4-14-2022 Newshound/Intel Guru Mnt Goat ...a financial advisor to the Prime Minister, Mustafa Al-Kazemi, described the financial situation in Iraq, which is derived from crude oil revenues, as “excellent.” Quotes: “Iraq is in an excellent financial position at the present time, as during the past month alone, oil revenues increased to 11 billion dollars, and this is a very large number that has not been recorded for five decades (50 years).” ; “this is a positive aspect, regardless of the profitability of the economy.” It is telling us that they do not really need to develop the economy to any great extent with oil being so high as they have been telling us all along. They can still reinstate the dinar with all these other revenues. [post 1 of 2....stay tuned]
4-13-2022 Intel Guru MarkZ [via PDK] ...I have communicated with so many contacts today… They say that...everything is done…and it is event driven…They are waiting on an event. Unfortunately they did not tell me what the event was, or when it was.. I would assume, based on conversations where they alluded to things being done within the next week or so…is this event is very close... I got this from a number of my contacts including Iraqi contacts that are saying the same things. They also believe around Thursday , which is tomorrow …that they will get a new rate... It is driving me nuts today trying to find out what the event is.
4-13-2022 Newshound Guru Pimpy Article: "Parliament will ask the government to send the 2022 budget" As they should. The current government that's in control right now will continue to stay in control until the ones that were chosen and voted in take over. And since that's the case there's a request for them to send over the 2022 budget. We're already in April and the budget hasn't even been approved...
4-13-2022 Newshound Guru Deepwoodz Article: "Al-Kazemi announces bold decisions to protect citizens" You have Kadhimi proposing the Food Security Law that MUST be passed to protect the citizens but somehow he can’t do the same thing for the 2022 Budget Law? ...they’ve had the budget ready since last year and they could certainly have presented it in October...Makes absolutely no sense...The only common denominator I see are the Iranian influence. They didn’t want to reveal it to the last parliament because of them. They don’t want to reveal it yet until they finish the process of creating a government without Maliki in particular and Iranian influence in general...Kadhimi will be the PM again.
4-13-2022 Newshound Guru Godlover Article: "A legal expert reveals a surprise: The caretaker government can send the budget to Parliament " Quote: "The head of the Supreme Judicial Council, Faeq Zaidan, confirmed on Saturday that the Iraqi constitution permits the declaration of an "emergency government" despite the absence of an explicit text for that..." The caretaker government for some time was in limbo imo. As far as them continuing was never a complete doubt, after all many articles mentioned them continuing another year potentially if all else failed, which it did. I still do not think they had full authority until recently with the courts decision imo.
4-13-2022 Intel Guru MarkZ [via PDK] I am being told Easter week is a “go”. I am praying this is it…so many are desperately in need.
4-13-2022 Intel Guru Militiaman My view is that there is way to much evidence that a change is coming and quickly... The liquidity issue if they haven't printed new money, it is an injection of already printed large notes. Fairly simple to me. It is gesture imo on their part to make sure the poor has liquidity. There has been no proof there is any new large notes injected into the economy. If there was it would not be at 1460 or 1470, it would be worse...At this stage, that is highly unlikely to happen...they are geared for a level playing field with a fully IMF compliant Article 8 currency...The WTO is in the wings as well. They will not fully be international until they are in compliance. imo The world is watching..
4-13-2022 Intel Guru Frank26 Article: "Al-Zamili: We will vote to authorize the Al-Kazemi government to send the budget law to the parliament" WE DON'T NEED A GOVERNMENT WE HAVE ONE.
4-13-2022 Newshound/Intel Guru Mnt Goat "THE OLD PRICE IS COMING..POLITICAL FORCES AGREE ON A MAP TO REDUCE THE EXCHANGE RATES OF THE DOLLAR AGAINST THE DINAR" But what is the “old price” they are talking about? 1450 –> 1120 OR 1450 –> $3+ Quote: "The coordinating framework, with all its might, is agreed to reconsider the dollar exchange rate file through a supreme committee consisting of experts to develop a road map" This roadmap to changing the exchange rate is already completed. It was completed in 2011. Remember the CBI is in charge of monetary policy not non-elected or elected officials...
4-13-2022 Newshound Guru Pimpy Article: "Parliament will ask the government to send the 2022 budget" As they should. The current government that's in control right now will continue to stay in control until the ones that were chosen and voted in take over. And since that's the case there's a request for them to send over the 2022 budget. We're already in April and the budget hasn't even been approved...
4-13-2022 Newshound Guru Deepwoodz Article: "Al-Kazemi announces bold decisions to protect citizens" You have Kadhimi proposing the Food Security Law that MUST be passed to protect the citizens but somehow he can’t do the same thing for the 2022 Budget Law? ...they’ve had the budget ready since last year and they could certainly have presented it in October...Makes absolutely no sense...The only common denominator I see are the Iranian influence. They didn’t want to reveal it to the last parliament because of them. They don’t want to reveal it yet until they finish the process of creating a government without Maliki in particular and Iranian influence in general...Kadhimi will be the PM again.
4-13-2022 Newshound Guru Godlover Article: "A legal expert reveals a surprise: The caretaker government can send the budget to Parliament " Quote: "The head of the Supreme Judicial Council, Faeq Zaidan, confirmed on Saturday that the Iraqi constitution permits the declaration of an "emergency government" despite the absence of an explicit text for that..." The caretaker government for some time was in limbo imo. As far as them continuing was never a complete doubt, after all many articles mentioned them continuing another year potentially if all else failed, which it did. I still do not think they had full authority until recently with the courts decision imo.
4-13-2022 Intel Guru MarkZ [via PDK] I am being told Easter week is a “go”. I am praying this is it…so many are desperately in need.
4-13-2022 Intel Guru Militiaman My view is that there is way to much evidence that a change is coming and quickly... The liquidity issue if they haven't printed new money, it is an injection of already printed large notes. Fairly simple to me. It is gesture imo on their part to make sure the poor has liquidity. There has been no proof there is any new large notes injected into the economy. If there was it would not be at 1460 or 1470, it would be worse...At this stage, that is highly unlikely to happen...they are geared for a level playing field with a fully IMF compliant Article 8 currency...The WTO is in the wings as well. They will not fully be international until they are in compliance. imo The world is watching..
4-13-2022 Intel Guru Frank26 Article: "Al-Zamili: We will vote to authorize the Al-Kazemi government to send the budget law to the parliament" WE DON'T NEED A GOVERNMENT WE HAVE ONE.
4-13-2022 Newshound/Intel Guru Mnt Goat "THE OLD PRICE IS COMING..POLITICAL FORCES AGREE ON A MAP TO REDUCE THE EXCHANGE RATES OF THE DOLLAR AGAINST THE DINAR" But what is the “old price” they are talking about? 1450 –> 1120 OR 1450 –> $3+ Quote: "The coordinating framework, with all its might, is agreed to reconsider the dollar exchange rate file through a supreme committee consisting of experts to develop a road map" This roadmap to changing the exchange rate is already completed. It was completed in 2011. Remember the CBI is in charge of monetary policy not non-elected or elected officials...
4-12-2022 Intel Guru MarkZ [via PDK] Article: “Parliament will ask the government to send the 2022 budget." This is positive news out of Iraq. They say the old government is still the current government because they have failed to replace them. They want the budget now so they can approve it…Budget equals rate increase... So that is solid news from Iraq today. So all eyes will be watching Iraq do something…hopefully tomorrow on the budget...We do not the timing of the RV but it is getting closer.
4-12-2022 Newshound Guru Pimpy Still got the issue of trying to establish a government. Right now we're still in that time period that Sadr gave the Coordination Framework. There's a lot of outside interest coming in and trying to influence and rush this process which is exactly what Sadr did not want to happen...I will be extremely curious as to Sadr's move when he's done with his 40 days of silence...the bad news...a president has not been selected. The good news is that Saleh is still president and Al-Kazemi Prime Minister. And both seem to be kicking butt.
4-12-2022 Newshound Guru Deepwoodz ...The 40 day period Sadr put out has me wondering why. It’s almost as if Kadhimi, Sadr, and the CoM are waiting for something in particular. I just don’t know what.
4-12-2022 Intel Guru MarkZ [via PDK] We don’t even have news yet out of Iraq today as they were supposed to set their budget over the next day or two…I am told its most likely for Easter Weekend for this thing to go…We all know it’s coming guys…
4-12-2022 Newshound/Intel Guru Mnt Goat ...my source in the CBI told me they planned the project to delete the zeros in December 2021 but held off since the election issues, they did not anticipate... we all know the history of the currency and the rates. We all know that the country was not nearly as wealthy as it is today...this tells me they are sincere about reinstating with a very high rate and watching it climb thus the need to be very careful. This was a good sign not a bad sign. It may even come out as high as $4 +...
4-12-2022 Newshound Guru MilitiaMan [Response to Guru Godlover below] It is a theory only as to the 3 zero note issuance. It could be exactly that, they didn’t print any new 3 zero notes just a fresh recirculation of what they have in stock to hold them over. They did say in so many words that there would potentially be arguments on the topic and for people to effectively be careful on the matter. Agreed if they printed more three zero notes and spent money to do so we would be able to see that.. I haven’t yet
4-12-2022 Newshound Guru Godlover [Response to Guru Militiaman 4-11-2022] The intel provided has talked about removing as many 3 zero notes as possible. Now we are to believe too many were taken in? If the NSCN's have indeed been printed & the budget is soon to be opened, I see no reason to release more 3 zero notes, when the same liquidity issue could be resolved by releasing the NSCN's. If they release more 3 zero notes, I consider that very bad for something that we all seek in the near future. Lining the poor's pockets with 3 zero notes, although a good theory.... that in itself would go against the removal of the 3 zero notes to begin with imo.
4-12-2022 Intel Guru MarkZ [via PDK] Article: “Head of the Supreme Judicial Council-The Iraqi Constitution authorizes the emergency government.“ Major story on how the emergency government does indeed have the power to move forward with all of these provisions. Also another article stated they have to start pumping currency into the market because of “liquidity Problems”...
4-12-2022 Newshound Guru Pimpy Still got the issue of trying to establish a government. Right now we're still in that time period that Sadr gave the Coordination Framework. There's a lot of outside interest coming in and trying to influence and rush this process which is exactly what Sadr did not want to happen...I will be extremely curious as to Sadr's move when he's done with his 40 days of silence...the bad news...a president has not been selected. The good news is that Saleh is still president and Al-Kazemi Prime Minister. And both seem to be kicking butt.
4-12-2022 Newshound Guru Deepwoodz ...The 40 day period Sadr put out has me wondering why. It’s almost as if Kadhimi, Sadr, and the CoM are waiting for something in particular. I just don’t know what.
4-12-2022 Intel Guru MarkZ [via PDK] We don’t even have news yet out of Iraq today as they were supposed to set their budget over the next day or two…I am told its most likely for Easter Weekend for this thing to go…We all know it’s coming guys…
4-12-2022 Newshound/Intel Guru Mnt Goat ...my source in the CBI told me they planned the project to delete the zeros in December 2021 but held off since the election issues, they did not anticipate... we all know the history of the currency and the rates. We all know that the country was not nearly as wealthy as it is today...this tells me they are sincere about reinstating with a very high rate and watching it climb thus the need to be very careful. This was a good sign not a bad sign. It may even come out as high as $4 +...
4-12-2022 Newshound Guru MilitiaMan [Response to Guru Godlover below] It is a theory only as to the 3 zero note issuance. It could be exactly that, they didn’t print any new 3 zero notes just a fresh recirculation of what they have in stock to hold them over. They did say in so many words that there would potentially be arguments on the topic and for people to effectively be careful on the matter. Agreed if they printed more three zero notes and spent money to do so we would be able to see that.. I haven’t yet
4-12-2022 Newshound Guru Godlover [Response to Guru Militiaman 4-11-2022] The intel provided has talked about removing as many 3 zero notes as possible. Now we are to believe too many were taken in? If the NSCN's have indeed been printed & the budget is soon to be opened, I see no reason to release more 3 zero notes, when the same liquidity issue could be resolved by releasing the NSCN's. If they release more 3 zero notes, I consider that very bad for something that we all seek in the near future. Lining the poor's pockets with 3 zero notes, although a good theory.... that in itself would go against the removal of the 3 zero notes to begin with imo.
4-12-2022 Intel Guru MarkZ [via PDK] Article: “Head of the Supreme Judicial Council-The Iraqi Constitution authorizes the emergency government.“ Major story on how the emergency government does indeed have the power to move forward with all of these provisions. Also another article stated they have to start pumping currency into the market because of “liquidity Problems”...
4-11-2022 Guru Nader From The Mid East Today I read...a newspaper about the CBI and the private sector. They said they achieved positive things. It's true. It's the beginning though. You're gonna see that. I'm sure that's gonna come out in the news. You're gonna see them so don't be surprised. Don't be excited about it too much because they just started working on the private sector. The private sector is one of the main things who can make Iraq financially strong...
4-11-2022 Intel Guru MarkZ [via PDK] Most of my bankers are expecting a “Work Weekend” this upcoming weekend…Other than that it has been quiet on the RV front. I think it’s so quiet because all the decisions that are necessary have been made…So at this point it may be quiet until the switch is flipped...We don’t control the timing but the writing is all over the wall that it is coming.
4-11-2022 Newshound Guru Militiaman Okay, then do to delays that may need to be addressed in the short term of liquidity issues. Or could it be that they want to use what good currency left of the three zero notes they have on hand to help line the pockets of the poor? ...Lets say they issue more three zero notes then, once completed, they RI to a previous era. The poor get a serious stimulus package for all the suffering they have had to endure. The NSCN's also under scrutiny, can follow along with the new digital systems...? We shall see.. imo I have a hard time believing that at this stage 3 zero notes are for longevity... JMTC [Post 2 of 2]
4-11-2022 Newshound Guru Militiaman Article: "Parliamentary Investment: We will monitor the process of pumping currency into the market" Lets think about the part about the helping of the citizens. They were hurt the most and may benefit largely with a Re Instatement of the IQD. As for liquidity for the street. Didn't they spend $10s of millions of dollars in printing new currency in 2018? Yes, they did. They were not three zero notes, imo. They were NSCNs and likely fils , as noted by the $54 million spent for currency issuance 08/31/2018 per the CBI. WE also watched the video showing the were destroying 3 zero notes around that time frame. [Post 1 of 2....stay tuned]
4-11-2022 Newshound Guru Pimpy I heard somebody saying, 'No Pimpy is wrong. He doesn't know what he's talking about. There is plenty of money from the oil and that's how we're gonna get the rate change.' If oil price plunges again, what do you think it's going to happen in Iraq? Their economy is going to tank and they're going to be right back to square one struggling...They are making a lot of money right now but...there are a lot of factors taken into consideration before you can change the exchange rate...first things first they've got to get a government in there...
4-11-2022 Newshound Guru Godlover Article: "Parliamentary Investment: We will monitor the process of pumping currency into the market" I have been racking my brain trying to figure out the logic to this article...it would not make sense to pump more 3 zero notes into the streets, especially when intel is stating they have been collecting the notes for several months. But what gets me is, as some seem to think it could be the NSCN's, that cannot be imo. After all, the NSCN's would be useless at the current program rate. Not to mention that the article seems to imply that this would be a solution (temporary?) until the budget is approved. Maybe they are referring to USD? I don't know. I did not expect an article like this, at this time...
4-11-2022 Intel Guru MarkZ [via PDK] What have we heard over the weekend? Some pretty positive stuff…They are very keen that this could be our week. My banking folks here are expecting redemption centers to be open later on this week as well. They are very keyed up for this week. I don’t know what changed over the weekend but, reports started coming in late last night that everything is staged and prepared.
4-11-2022 Newshound Guru Deepwoodz Article: "Can the Al-Kazemi government send the 2022 budget to Parliament?" The constitution is clear. There is nothing in it to suggest a weak government or a caretaker government that can’t perform like normal. Anyone can read it for themselves.
4-11-2022 Intel Guru Frank26 Article: "Parliamentary Investment: We will monitor the process of pumping currency into the market" THEY NEED SOME LIQUIDITY UNTIL THEY RELEASE THE NEW CURRENCY AND THE NEW EXCHANGE RATE… IT IS THE DELAYS THAT CAUSED THIS. THIS IS NOT THE NSCN’S THEY ARE TALKING ABOUT...
4-11-2022 Intel Guru Holly ...All I will say is things look very good. Lots of good news. I don’t want to say much as we are very critical right now.
4-11-2022 Newshound/Intel Guru RVAlready I think the budget is going to parliament this week. As parliament already promised to give the people the RV as a first priority, I expect the budget with the RV to pass.
4-11-2022 Intel Guru MarkZ [via PDK] Most of my bankers are expecting a “Work Weekend” this upcoming weekend…Other than that it has been quiet on the RV front. I think it’s so quiet because all the decisions that are necessary have been made…So at this point it may be quiet until the switch is flipped...We don’t control the timing but the writing is all over the wall that it is coming.
4-11-2022 Newshound Guru Militiaman Okay, then do to delays that may need to be addressed in the short term of liquidity issues. Or could it be that they want to use what good currency left of the three zero notes they have on hand to help line the pockets of the poor? ...Lets say they issue more three zero notes then, once completed, they RI to a previous era. The poor get a serious stimulus package for all the suffering they have had to endure. The NSCN's also under scrutiny, can follow along with the new digital systems...? We shall see.. imo I have a hard time believing that at this stage 3 zero notes are for longevity... JMTC [Post 2 of 2]
4-11-2022 Newshound Guru Militiaman Article: "Parliamentary Investment: We will monitor the process of pumping currency into the market" Lets think about the part about the helping of the citizens. They were hurt the most and may benefit largely with a Re Instatement of the IQD. As for liquidity for the street. Didn't they spend $10s of millions of dollars in printing new currency in 2018? Yes, they did. They were not three zero notes, imo. They were NSCNs and likely fils , as noted by the $54 million spent for currency issuance 08/31/2018 per the CBI. WE also watched the video showing the were destroying 3 zero notes around that time frame. [Post 1 of 2....stay tuned]
4-11-2022 Newshound Guru Pimpy I heard somebody saying, 'No Pimpy is wrong. He doesn't know what he's talking about. There is plenty of money from the oil and that's how we're gonna get the rate change.' If oil price plunges again, what do you think it's going to happen in Iraq? Their economy is going to tank and they're going to be right back to square one struggling...They are making a lot of money right now but...there are a lot of factors taken into consideration before you can change the exchange rate...first things first they've got to get a government in there...
4-11-2022 Newshound Guru Godlover Article: "Parliamentary Investment: We will monitor the process of pumping currency into the market" I have been racking my brain trying to figure out the logic to this article...it would not make sense to pump more 3 zero notes into the streets, especially when intel is stating they have been collecting the notes for several months. But what gets me is, as some seem to think it could be the NSCN's, that cannot be imo. After all, the NSCN's would be useless at the current program rate. Not to mention that the article seems to imply that this would be a solution (temporary?) until the budget is approved. Maybe they are referring to USD? I don't know. I did not expect an article like this, at this time...
4-11-2022 Intel Guru MarkZ [via PDK] What have we heard over the weekend? Some pretty positive stuff…They are very keen that this could be our week. My banking folks here are expecting redemption centers to be open later on this week as well. They are very keyed up for this week. I don’t know what changed over the weekend but, reports started coming in late last night that everything is staged and prepared.
4-11-2022 Newshound Guru Deepwoodz Article: "Can the Al-Kazemi government send the 2022 budget to Parliament?" The constitution is clear. There is nothing in it to suggest a weak government or a caretaker government that can’t perform like normal. Anyone can read it for themselves.
4-11-2022 Intel Guru Frank26 Article: "Parliamentary Investment: We will monitor the process of pumping currency into the market" THEY NEED SOME LIQUIDITY UNTIL THEY RELEASE THE NEW CURRENCY AND THE NEW EXCHANGE RATE… IT IS THE DELAYS THAT CAUSED THIS. THIS IS NOT THE NSCN’S THEY ARE TALKING ABOUT...
4-11-2022 Intel Guru Holly ...All I will say is things look very good. Lots of good news. I don’t want to say much as we are very critical right now.
4-11-2022 Newshound/Intel Guru RVAlready I think the budget is going to parliament this week. As parliament already promised to give the people the RV as a first priority, I expect the budget with the RV to pass.
4-10-2022 Newshound Guru Adam Montana ... it occurs to me that some people forget what a big deal Ramadan is, and also when it is. Ramadan isn't observed on the same dates everywhere - for Iraq this year, it is April 1 to May 1...Traditionally, nothing major happens during Ramadan...however... Despite the holiday, there are things being done over in the desert...stay tuned!
4-10-2022 Newshound Guru Godlover Article: "What are the measures that al-Sadr will take after the Eid al-Fitr holiday? A leader in the movement reveals the vocabulary of this plan!" Quote: "al-Sadr will go after Eid al-Fitr in the consultations to form the government after the coordinating framework has fulfilled the deadline given to him."
4-10-2022 Newshound Guru Deepwoodz Article: "The Supreme Judiciary: There is no constitutional provision related to the term caretaker government" This clears up a lot of the disinformation that’s been happening for years. Now it’s on record that the current government is not a crippled, weak, or powerless government. In fact it’s the best government they’ve ever had, and the one that will get credit for bringing Iraq back from the dark ages.
4-10-2022 Newshound Guru Sandy Ingram Article: "Oil Minister: We seek to maximize oil revenues as soon as possible" The Oil Minister in Iraq says oil prices will continue to increase by the end of this year. He also is in the process of maximizing oil revenue in the fastest way and still maintain the stability of the energy market and Iraq's share of the world's market...He is singing the same song that other ministers from Iraq are singing...Iraq needs a lot of money to bring the country back...they are talking about everything but currency revalue or float.
4-10-2022 Newshound Guru Pimpy - Speculation plays a role... Political and Economic Conditions - ...95% of their annual budget for the government comes from oil sales. That's not good. That's not stable...the good thing...they're generating so much money from oil sales that they can invest in the private sector... - Political - they're in political turmoil. They can't even form a government... - Future Prospects - ...We know the future prospects of Iraq look very good...[but] no, the fact that they're...generating a ton of money from oil isn't the only determining factor in the Iraqi dinar exchange rate. They got most of the pieces there. [Post 2 of 2]
4-10-2022 Newshound Guru Pimpy You're gonna hear all these people out there arguing 'with this much money being generated by oil - Pimpy's wrong. They're going to change the exchange rate.' No. Because it's more than just how much money the country generates...this is what helps determine a currency's exchange rate - Demand and Supply. If people feel like Iraq is going in a great direction they will invest in their currency. They seem to be on a path going in the right direction but they're moving at the pace of a snail. [Post 1 of 2....stay tuned]
4-10-2022 Newshound Guru Clare Article: "Adviser to Al-Kazemi: Iraq is in an excellent financial situation, and it is time to quickly approve the budget" IT IS GREAT TO SEE THEM TALKING ABOUT THE BUDGET AGAIN..IMO ... THEY CAN LEGALLY SEND IT WITHOUT THE NEW GOVERNMENT IN PLACE ...OR THEY MAY WAIT UNTIL THE GOI IS RESOLVED ... BUT FOR ANYONE TO SAY THEY HAVE TO WAIT FOR THE NEW GOI TO SEND THE BUDGET IS WRONG ACCORDING TO THEIR LEGAL POSSIBILITIES.... WE SHALL SEE WHAT THEY DO!
4-10-2022 Newshound Guru MilitiaMan ...budgets can be considered to be an integral part of the society's needs to function and with out a budget in place it can be considered to be an economic emergency, that hurts the citizens, therefore, the caretaker government has the powers to satisfy their needs. The 2022 budget apparently fits the circumstances in the present time, as an emergency issue. That budget could be on the table this next week...
4-10-2022 Newshound Guru Godlover Article: "What are the measures that al-Sadr will take after the Eid al-Fitr holiday? A leader in the movement reveals the vocabulary of this plan!" Quote: "al-Sadr will go after Eid al-Fitr in the consultations to form the government after the coordinating framework has fulfilled the deadline given to him."
4-10-2022 Newshound Guru Deepwoodz Article: "The Supreme Judiciary: There is no constitutional provision related to the term caretaker government" This clears up a lot of the disinformation that’s been happening for years. Now it’s on record that the current government is not a crippled, weak, or powerless government. In fact it’s the best government they’ve ever had, and the one that will get credit for bringing Iraq back from the dark ages.
4-10-2022 Newshound Guru Sandy Ingram Article: "Oil Minister: We seek to maximize oil revenues as soon as possible" The Oil Minister in Iraq says oil prices will continue to increase by the end of this year. He also is in the process of maximizing oil revenue in the fastest way and still maintain the stability of the energy market and Iraq's share of the world's market...He is singing the same song that other ministers from Iraq are singing...Iraq needs a lot of money to bring the country back...they are talking about everything but currency revalue or float.
4-10-2022 Newshound Guru Pimpy - Speculation plays a role... Political and Economic Conditions - ...95% of their annual budget for the government comes from oil sales. That's not good. That's not stable...the good thing...they're generating so much money from oil sales that they can invest in the private sector... - Political - they're in political turmoil. They can't even form a government... - Future Prospects - ...We know the future prospects of Iraq look very good...[but] no, the fact that they're...generating a ton of money from oil isn't the only determining factor in the Iraqi dinar exchange rate. They got most of the pieces there. [Post 2 of 2]
4-10-2022 Newshound Guru Pimpy You're gonna hear all these people out there arguing 'with this much money being generated by oil - Pimpy's wrong. They're going to change the exchange rate.' No. Because it's more than just how much money the country generates...this is what helps determine a currency's exchange rate - Demand and Supply. If people feel like Iraq is going in a great direction they will invest in their currency. They seem to be on a path going in the right direction but they're moving at the pace of a snail. [Post 1 of 2....stay tuned]
4-10-2022 Newshound Guru Clare Article: "Adviser to Al-Kazemi: Iraq is in an excellent financial situation, and it is time to quickly approve the budget" IT IS GREAT TO SEE THEM TALKING ABOUT THE BUDGET AGAIN..IMO ... THEY CAN LEGALLY SEND IT WITHOUT THE NEW GOVERNMENT IN PLACE ...OR THEY MAY WAIT UNTIL THE GOI IS RESOLVED ... BUT FOR ANYONE TO SAY THEY HAVE TO WAIT FOR THE NEW GOI TO SEND THE BUDGET IS WRONG ACCORDING TO THEIR LEGAL POSSIBILITIES.... WE SHALL SEE WHAT THEY DO!
4-10-2022 Newshound Guru MilitiaMan ...budgets can be considered to be an integral part of the society's needs to function and with out a budget in place it can be considered to be an economic emergency, that hurts the citizens, therefore, the caretaker government has the powers to satisfy their needs. The 2022 budget apparently fits the circumstances in the present time, as an emergency issue. That budget could be on the table this next week...
4-9-2022 Newshound Guru Pimpy Article: "Adviser to Al-Kazemi: Iraq is in an excellent financial position, and it is time to quickly approve the budget" Even thought the election has happened and we don't have all the people in the proper places there's still the interim government led by Al-Kazemi... Quote "the past month oil revenues increased to $11 billion dollars...a very large number that is not been recorded for 5 decades...it is time to present the financial budget law as soon as possible..." If you pass this budget that forces the government...to continue with the reform agenda...
4-9-2022 Intel Guru Bruce [via Dinar Wishes] I have heard that we are supposed to have this complete – the end of it all – by the end of April - that is what our sources have received – is that we get started – we do our exchanges and we’re done by or before the end of April...we have quite a way to go – before the end of the month – there’s plenty of time for them to bring us out and do that...Just maybe - just maybe we are closer than we know and this is going to happen for us so let's just stay focused on it -stay in prayer for it - and lets get prepared...
4-9-2022 Intel Guru MarkZ [via PDK] [Hoping this is a “Boom” month] Sure looks like it’s going to be a “Boom” month…so much disclosure happening…I was told by Redemption Center folks that all the I’s are dotted and t’s are crossed. They are prepared to be called into work. Whether that is today, tomorrow or Monday or Tuesday…we don’t know yet. I am expecting more news throughout the day today. Usually Friday night the news goes silent until Sunday Night…so pretty excited that I am hearing from people today…There is no negative news…lots of positive news… I also think we are really close to the end of the movie.
4-9-2022 Newshound Guru Godlover Article: "The Federal Court rejects the lawsuit filed regarding raising the dollar exchange rate" This article isn't good or bad imo. We know that the CBI is in control of the rate, after the government formation of course. This article only states the obvious that the courts don't have the authority, & it does not tell us the direction the CBI will go. The 2022 budget opening will reveal that.
4-9-2022 Newshound Guru BGG 4) Maliki is as close as he as ever been to having his crooked influence jerked up by the roots and removed – entirely. 5) If anyone doubts Sadr’s resolve and true intentions regarding “reforms” – He’s had nearly a decade on the sidelines to “stew on it” (where Maliki’s crooked dealings put him in the first place). If true reforms are what we are after – why is any of this bad for this investment? [Post 2 of 2]
4-9-2022 Newshound Guru BGG So why, exactly, do things not look good for us? [Asked rhetorically?] 1) Never in the history of this investment has there been as much open conversation about their currency value and monetary policy as there has been for the last six months (or year). 2) Iraq has a caretaker government in place – there is no crisis. 3) Their recent elections show a distinct bias towards removing corruption – they want reforms, BIG TIME. [Post 1 of 2....stay tuned]
4-9-2022 Newshound Guru Clare [Response to Guru Godlover's post below] THEY LEGALLY HAVE THE AUTHORITY AS FAR AS THE BUDGET, AS STATED IN THE ARTICLE.... WHY THEY HAVE NOT YET IS NOT KNOWN BY YOU OR BY ME ... SO TO ASSUME IT IS BECAUSE OF RAMADAN IS JUST AN ASSUMPTION WITH NO DATA TO BACK IT UP... BELIEVE WHATEVER YOU WANT.. BUT THERE ARE PLENTY OF OPTIONS TO HAVE THE NEW GOV IN BEFORE RAMADAN IS OVER...
4-9-2022 Intel Guru Bruce [via Dinar Wishes] I have heard that we are supposed to have this complete – the end of it all – by the end of April - that is what our sources have received – is that we get started – we do our exchanges and we’re done by or before the end of April...we have quite a way to go – before the end of the month – there’s plenty of time for them to bring us out and do that...Just maybe - just maybe we are closer than we know and this is going to happen for us so let's just stay focused on it -stay in prayer for it - and lets get prepared...
4-9-2022 Intel Guru MarkZ [via PDK] [Hoping this is a “Boom” month] Sure looks like it’s going to be a “Boom” month…so much disclosure happening…I was told by Redemption Center folks that all the I’s are dotted and t’s are crossed. They are prepared to be called into work. Whether that is today, tomorrow or Monday or Tuesday…we don’t know yet. I am expecting more news throughout the day today. Usually Friday night the news goes silent until Sunday Night…so pretty excited that I am hearing from people today…There is no negative news…lots of positive news… I also think we are really close to the end of the movie.
4-9-2022 Newshound Guru Godlover Article: "The Federal Court rejects the lawsuit filed regarding raising the dollar exchange rate" This article isn't good or bad imo. We know that the CBI is in control of the rate, after the government formation of course. This article only states the obvious that the courts don't have the authority, & it does not tell us the direction the CBI will go. The 2022 budget opening will reveal that.
4-9-2022 Newshound Guru BGG 4) Maliki is as close as he as ever been to having his crooked influence jerked up by the roots and removed – entirely. 5) If anyone doubts Sadr’s resolve and true intentions regarding “reforms” – He’s had nearly a decade on the sidelines to “stew on it” (where Maliki’s crooked dealings put him in the first place). If true reforms are what we are after – why is any of this bad for this investment? [Post 2 of 2]
4-9-2022 Newshound Guru BGG So why, exactly, do things not look good for us? [Asked rhetorically?] 1) Never in the history of this investment has there been as much open conversation about their currency value and monetary policy as there has been for the last six months (or year). 2) Iraq has a caretaker government in place – there is no crisis. 3) Their recent elections show a distinct bias towards removing corruption – they want reforms, BIG TIME. [Post 1 of 2....stay tuned]
4-9-2022 Newshound Guru Clare [Response to Guru Godlover's post below] THEY LEGALLY HAVE THE AUTHORITY AS FAR AS THE BUDGET, AS STATED IN THE ARTICLE.... WHY THEY HAVE NOT YET IS NOT KNOWN BY YOU OR BY ME ... SO TO ASSUME IT IS BECAUSE OF RAMADAN IS JUST AN ASSUMPTION WITH NO DATA TO BACK IT UP... BELIEVE WHATEVER YOU WANT.. BUT THERE ARE PLENTY OF OPTIONS TO HAVE THE NEW GOV IN BEFORE RAMADAN IS OVER...
4-8-2021 Intel Guru MarkZ Article ”Advisor to Al Kazemi: Iraq is in an excellent financial position and it is time to quickly approve the budget” I am being told out of Iraq that in that budget is a substantial rate increase …I don’t know at this point if this means the...Nominal Effective Exchange Rate of about $1.60 or if it’s a full blown $4+ dollar rate. So we don’t know what to expect on the rate yet. This article points out the budget had been approved...they say it’s the highest revenue achieved since 1972....How much was the IQD worth in 1972? ...about $3.38…so that is the point they are making in Iraq that it’s time to move forward with the budget. So that was solid news out of Iraq.
4-8-2022 Newshound Guru Pimpy Article "A long-term transition period that extends to Al-Kazemi and Barham, including cabinet and constitutional amendments" Obviously, that just makes sense. If there's no new government taken over the old government will continue in its place until otherwise.
4-8-2022 Intel Guru Bruce Iraq still has not put out an international rate yet but I think they are being handcuffed - I don't think they can feel confident putting that out until we are ready to go here - Yes they are sovereign - yes they are out of Chapter 7 with the United Nations - yes they have the ability to just go for it...I think they are waiting until this weekend - that's what I'm hearing - This weekend could do that but I don't know what day...
4-8-2022 Newshound Guru Godlover Article "A legal expert reveals a surprise: The caretaker government can send the budget to Parliament" Parliament had/has many laws with them & of course they have the option to vote on them, this is obvious. As far as the budget, I would question if they have the authority.....why not send it? Obvious answer again. All during Ramadan.....again....of course many things will continue, however I suspect that the new POR &/or PM will NOT be elected until AFTER Ramadan, which is something we wait on.
4-8-2022 Newshound/Intel Guru Mnt Goat ...don’t forget all the recent events that have taken place like paying back war reparations to Iraq, then getting out of Chapter VII, then all the news of tying into the “international” banking system. Oh…what about the “White Paper” that is their path to financial freedom and reconstruction. So, let’s not all be so gloomy that this RV did not yet happen and we are in April already. Again as time passed our position gets yet better and better.
4-8-2022 Intel Guru Frank26 Article: "A legal expert reveals a surprise: The caretaker government can send the budget to Parliament”. WE TOLD YOU WEEKS AGO THEY HAD A PLAN AFTER APRIL 6TH AND BEHOLD... Quote: "Iraq has a new, complete parliament, with full powers, and it can pass the budget law."
4-8-2022 Intel Guru MarkZ [via PDK] The news from Iraq, while not meeting our expectations on timing has been overwhelmingly good…and the amount of disclosure released over the last week has been stunning ...Out of Iraq today I am hearing they hope to release the new budget over the weekend or the very first part of next week…even though the new government isn’t completely sat – they should be able to move forward with the economic reform…I am excited about that.
4-8-2022 Newshound Guru Clare Article: "A legal expert reveals a surprise: The caretaker government can send the budget to Parliament" WELL LOOK AT THAT!!!... HOW NICE.... SO IT IS A POSSIBILITY! THIS SHUTS DOWN THE IDEA THAT IT WAS NOT POSSIBLE BECAUSE LEGALLY IT IS...AND THEY ARE WORKING HARD, THE CABINET VOTED A BUNCH OF THINGS YESTERDAY ...A NEW LAW (the food law) AND Ports announce the activation of the customs and tax link program...
4-8-2022 Intel Guru Bob Locke [People are excited because you said you believe things are now “imminent”] It had been so quiet and now suddenly I have had multiple calls and a lot of stuff going on…. A lot I cannot talk about but definitely things are happening. This is going to be an interesting week IMO…Everything is extremely positive right now.
4-8-2022 Newshound Guru Pimpy Article "A long-term transition period that extends to Al-Kazemi and Barham, including cabinet and constitutional amendments" Obviously, that just makes sense. If there's no new government taken over the old government will continue in its place until otherwise.
4-8-2022 Intel Guru Bruce Iraq still has not put out an international rate yet but I think they are being handcuffed - I don't think they can feel confident putting that out until we are ready to go here - Yes they are sovereign - yes they are out of Chapter 7 with the United Nations - yes they have the ability to just go for it...I think they are waiting until this weekend - that's what I'm hearing - This weekend could do that but I don't know what day...
4-8-2022 Newshound Guru Godlover Article "A legal expert reveals a surprise: The caretaker government can send the budget to Parliament" Parliament had/has many laws with them & of course they have the option to vote on them, this is obvious. As far as the budget, I would question if they have the authority.....why not send it? Obvious answer again. All during Ramadan.....again....of course many things will continue, however I suspect that the new POR &/or PM will NOT be elected until AFTER Ramadan, which is something we wait on.
4-8-2022 Newshound/Intel Guru Mnt Goat ...don’t forget all the recent events that have taken place like paying back war reparations to Iraq, then getting out of Chapter VII, then all the news of tying into the “international” banking system. Oh…what about the “White Paper” that is their path to financial freedom and reconstruction. So, let’s not all be so gloomy that this RV did not yet happen and we are in April already. Again as time passed our position gets yet better and better.
4-8-2022 Intel Guru Frank26 Article: "A legal expert reveals a surprise: The caretaker government can send the budget to Parliament”. WE TOLD YOU WEEKS AGO THEY HAD A PLAN AFTER APRIL 6TH AND BEHOLD... Quote: "Iraq has a new, complete parliament, with full powers, and it can pass the budget law."
4-8-2022 Intel Guru MarkZ [via PDK] The news from Iraq, while not meeting our expectations on timing has been overwhelmingly good…and the amount of disclosure released over the last week has been stunning ...Out of Iraq today I am hearing they hope to release the new budget over the weekend or the very first part of next week…even though the new government isn’t completely sat – they should be able to move forward with the economic reform…I am excited about that.
4-8-2022 Newshound Guru Clare Article: "A legal expert reveals a surprise: The caretaker government can send the budget to Parliament" WELL LOOK AT THAT!!!... HOW NICE.... SO IT IS A POSSIBILITY! THIS SHUTS DOWN THE IDEA THAT IT WAS NOT POSSIBLE BECAUSE LEGALLY IT IS...AND THEY ARE WORKING HARD, THE CABINET VOTED A BUNCH OF THINGS YESTERDAY ...A NEW LAW (the food law) AND Ports announce the activation of the customs and tax link program...
4-8-2022 Intel Guru Bob Locke [People are excited because you said you believe things are now “imminent”] It had been so quiet and now suddenly I have had multiple calls and a lot of stuff going on…. A lot I cannot talk about but definitely things are happening. This is going to be an interesting week IMO…Everything is extremely positive right now.
4-7-2022 Intel Guru MarkZ [via PDK] Article: " A legal expert reveals a surprise: The caretaker government in Iraq can send the budget to Parliament" What we are getting from Iraq and a financial expert….is the caretaker government can send the budget to parliament...How this works is when they had a real constitutionally set government that had approved this budget…This was before elections and all this caretaker government stuff... In that budget they had approved the numbers and even approved the rate... So they are saying they can go ahead and implement the budget now with no need to wait…We are hearing they may send it tomorrow, over the weekend or early next week...
4-7-2022 Newshound/Intel Guru Mnt Goat The currency windows are now counterproductive to Iraq and is the problem not the solution. We all need to realize this and the Central Bank of Iraq does already realize this too. So, this gives us assurances that we are close and this reinstatement, our real goal, is close at hand.
4-7-2022 Newshound Guru Kaperoni The concept or idea of a significant RV of the Iraqi dinar goes against every principle of monetary policy. There is no chance the central bank would ever significantly RV the Iraqi dinar. Central banks in general make money off the buy/sell of their currency. If the dinar was ever going to go up in value the central bank would do it gradually so they could make commissions off the buy and sell as it appreciates.
4-7-2022 Guru Nader From The Mid East ...They can't even vote for president...come on....The real thing is in July. If July, nothing happened, nothing is going to happen. So be patient. Hang in there and we'll see what's going on.
4-7-2022 Intel Guru MarkZ [via PDK] News from Iraq is all over the board. Some articles saying we are at any minute…other articles say it will be many weeks…That was to be expected…it happened that way with Kuwait. We saw the same thing with China before they had an RV. We saw the same thing in Germany after world war 2.
4-7-2022 Newshound Guru Pimpy Article: "The deadline for choosing the President of the Republic and expectations or the intervention of the Federal Court" Today was a deadline and there's no president. They can't get a quorum going. I was wondering what the courts are going to be able to do - It looks like we're going to find our here pretty soon. But yeah you have to have a stable government, stable economy...outside investors, foreign investors who are interested to go into your country to invest in it. All these things are taken in consideration [for a new exchange rate]. We're getting there but not as quickly as a lot of us would like...
4-7-2022 Newshound Guru Godlover Article: "Iraq is awaiting a decision from the Federal Supreme Court regarding the constitutional vacuum" Quote: "The Federal Court is awaiting the political consensus between the conflicting blocs to find an agreement after the month of Ramadan to form the next government and choose the President of the Republic." Yep...Because Ramadan is very sacred to them & they do little to nothing during that holiday.
4-7-2022 Intel Guru MarkZ [I heard Iraq hasn’t set the rate because there are some officials that don’t want to see Americans get wealthy.] There has been an ongoing problem with that from day one. Is it going to keep them from changing the rate? No. Will they revalue the dinar a little lower and let if float? Possibly. Remember that if they do not change the rate- they will not get prosperity. Don’t worry about that.
4-7-2022 Newshound/Intel Guru Mnt Goat The currency windows are now counterproductive to Iraq and is the problem not the solution. We all need to realize this and the Central Bank of Iraq does already realize this too. So, this gives us assurances that we are close and this reinstatement, our real goal, is close at hand.
4-7-2022 Newshound Guru Kaperoni The concept or idea of a significant RV of the Iraqi dinar goes against every principle of monetary policy. There is no chance the central bank would ever significantly RV the Iraqi dinar. Central banks in general make money off the buy/sell of their currency. If the dinar was ever going to go up in value the central bank would do it gradually so they could make commissions off the buy and sell as it appreciates.
4-7-2022 Guru Nader From The Mid East ...They can't even vote for president...come on....The real thing is in July. If July, nothing happened, nothing is going to happen. So be patient. Hang in there and we'll see what's going on.
4-7-2022 Intel Guru MarkZ [via PDK] News from Iraq is all over the board. Some articles saying we are at any minute…other articles say it will be many weeks…That was to be expected…it happened that way with Kuwait. We saw the same thing with China before they had an RV. We saw the same thing in Germany after world war 2.
4-7-2022 Newshound Guru Pimpy Article: "The deadline for choosing the President of the Republic and expectations or the intervention of the Federal Court" Today was a deadline and there's no president. They can't get a quorum going. I was wondering what the courts are going to be able to do - It looks like we're going to find our here pretty soon. But yeah you have to have a stable government, stable economy...outside investors, foreign investors who are interested to go into your country to invest in it. All these things are taken in consideration [for a new exchange rate]. We're getting there but not as quickly as a lot of us would like...
4-7-2022 Newshound Guru Godlover Article: "Iraq is awaiting a decision from the Federal Supreme Court regarding the constitutional vacuum" Quote: "The Federal Court is awaiting the political consensus between the conflicting blocs to find an agreement after the month of Ramadan to form the next government and choose the President of the Republic." Yep...Because Ramadan is very sacred to them & they do little to nothing during that holiday.
4-7-2022 Intel Guru MarkZ [I heard Iraq hasn’t set the rate because there are some officials that don’t want to see Americans get wealthy.] There has been an ongoing problem with that from day one. Is it going to keep them from changing the rate? No. Will they revalue the dinar a little lower and let if float? Possibly. Remember that if they do not change the rate- they will not get prosperity. Don’t worry about that.
4-6-2022 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI AFFIRMED THAT IRAQ WILL RETURN TO ITS RIGHTFUL PLACE AND ITS COVENANT KNOWN FOR ITS STRENGTH AND HUMAN AND GLOBAL PRESENCE" We appreciate when these politicians talk about “global” presence or anything international. It shows they are thinking on the right track. Remember just 5 years ago this was not the case.
4-6-2022 Intel Guru MarkZ [via PDK] [What’s the news in Iraq , did they vote?] We are hearing from the 2 largest blocks who rarely agree on anything…that they have agreed and have things fixed…so guess we buckle up and watch this one…. I think a lot of it is just for show as we move forward.
4-6-2022 Newshound Guru Sandy Ingram Learning how to improve your financial portfolio is a wise way to spend our time. For instance, what if the IQD floated to .25 cents next week or next month? If you had 1 million Iraqi dinar to exchange - What would do with $250,000 to build your wealth? There are hundreds of different answers to his question...research is always up to you...
4-6-2022 Intel Guru Bruce [via WiserNow] ...I said I believed that...we are in – “The Final Countdown” right now – so let’s count this thing down...It appears that where we are right now is in a great place for all of this to happen...in terms of what has to happen for everything to come together in this process – I think that we have finally reached that – where we have completed everything that needed to be done...Banks told us we...should be notified sometime tomorrow (Wednesday)...I think we should be within a day or so...I have been in this for 18 years...and I believe we’re in a really good place and we are – in my opinion – in the final countdown...
4-6-2022 Newshound/Intel Guru Mnt Goat ...I must tell you what the CBI and the US Treasury are telling me. They are waiting for the govt to be formed, hoping that the Iranian influence will be under control and have the least impact on Iraqi politics. Also that the Sadr anti-corruption policies work.
4-6-2022 Newshound Guru Pimpy ...What Iraq and OPEC should do is the same thing...We already saw the Russian ruble was devalued right when they got put under sanctions but in less than a month it has already regained all of the value it had lost. What do you think is going to happen to the currency now that's it's moved into the gold standard? It's only going to get stronger...if you force people to buy the oil using...the Iraqi dinar then it's going to increase the purchasing power of the Iraqi dinar. It's going to make it a stronger currency because more gold is coming in, more people are forced to use the currency - think supply and demand. Demand for the Iraqi dinar would increase big time...they should follow in the footsteps of what Russia is doing. [Post 3 of 3]
4-6-2022 Newshound Guru Pimpy ...You cannot buy Russian oil unless you use the Russian ruble. Right now around the world they use...the Petrodollar. In other words the United States dollar. Russia and China had already agreed to start doing trade in their own currencies. Saudi Arabia is agreeing to sell oil to China and Russia in their currencies and getting away from the greenbacks...these people are...moving us back into the gold standard...that's going to strengthen the currency which is going to be strengthened by its gold and the gold is going to come from the sale of oil. So what does that have to do with the Iraqi dinar? [post 2 of 3....stay tuned]
4-6-2022 Newshound Guru Pimpy Can actions of Russia help increase the exchange rate of the Iraqi dinar? Oh yeah it could! It absolutely could bring the rate back to where it was in the past...What did Russia do that could help Iraq increase the value of the Iraqi dinar? They moved into the gold standard...through the sale of their oil... Article: "Russia sets fixed gold price as it restarts official bullion purchases" What does this mean? [post 1 of 3....stay tuned]
4-6-2022 Newshound/Intel Guru Mnt Goat You can clearly see on the chart below what the rate of the IQD was in 1972. Today Iraq’s economy is actually much better and pumping more oil now than in 1972. The price of oil is also staying at records high today while in 1972 oil was very low. This article only gives us yet more proof that the rate of the IQD is being artificially manipulated.
4-6-2022 Intel Guru MarkZ [via PDK] [What’s the news in Iraq , did they vote?] We are hearing from the 2 largest blocks who rarely agree on anything…that they have agreed and have things fixed…so guess we buckle up and watch this one…. I think a lot of it is just for show as we move forward.
4-6-2022 Newshound Guru Sandy Ingram Learning how to improve your financial portfolio is a wise way to spend our time. For instance, what if the IQD floated to .25 cents next week or next month? If you had 1 million Iraqi dinar to exchange - What would do with $250,000 to build your wealth? There are hundreds of different answers to his question...research is always up to you...
4-6-2022 Intel Guru Bruce [via WiserNow] ...I said I believed that...we are in – “The Final Countdown” right now – so let’s count this thing down...It appears that where we are right now is in a great place for all of this to happen...in terms of what has to happen for everything to come together in this process – I think that we have finally reached that – where we have completed everything that needed to be done...Banks told us we...should be notified sometime tomorrow (Wednesday)...I think we should be within a day or so...I have been in this for 18 years...and I believe we’re in a really good place and we are – in my opinion – in the final countdown...
4-6-2022 Newshound/Intel Guru Mnt Goat ...I must tell you what the CBI and the US Treasury are telling me. They are waiting for the govt to be formed, hoping that the Iranian influence will be under control and have the least impact on Iraqi politics. Also that the Sadr anti-corruption policies work.
4-6-2022 Newshound Guru Pimpy ...What Iraq and OPEC should do is the same thing...We already saw the Russian ruble was devalued right when they got put under sanctions but in less than a month it has already regained all of the value it had lost. What do you think is going to happen to the currency now that's it's moved into the gold standard? It's only going to get stronger...if you force people to buy the oil using...the Iraqi dinar then it's going to increase the purchasing power of the Iraqi dinar. It's going to make it a stronger currency because more gold is coming in, more people are forced to use the currency - think supply and demand. Demand for the Iraqi dinar would increase big time...they should follow in the footsteps of what Russia is doing. [Post 3 of 3]
4-6-2022 Newshound Guru Pimpy ...You cannot buy Russian oil unless you use the Russian ruble. Right now around the world they use...the Petrodollar. In other words the United States dollar. Russia and China had already agreed to start doing trade in their own currencies. Saudi Arabia is agreeing to sell oil to China and Russia in their currencies and getting away from the greenbacks...these people are...moving us back into the gold standard...that's going to strengthen the currency which is going to be strengthened by its gold and the gold is going to come from the sale of oil. So what does that have to do with the Iraqi dinar? [post 2 of 3....stay tuned]
4-6-2022 Newshound Guru Pimpy Can actions of Russia help increase the exchange rate of the Iraqi dinar? Oh yeah it could! It absolutely could bring the rate back to where it was in the past...What did Russia do that could help Iraq increase the value of the Iraqi dinar? They moved into the gold standard...through the sale of their oil... Article: "Russia sets fixed gold price as it restarts official bullion purchases" What does this mean? [post 1 of 3....stay tuned]
4-6-2022 Newshound/Intel Guru Mnt Goat You can clearly see on the chart below what the rate of the IQD was in 1972. Today Iraq’s economy is actually much better and pumping more oil now than in 1972. The price of oil is also staying at records high today while in 1972 oil was very low. This article only gives us yet more proof that the rate of the IQD is being artificially manipulated.
4-6-2022 Newshound Guru Godlover "Shakhwan Abdullah: Parliament Will Punish Those Who Leaked The Parliament's Internal Communications" I am hoping that tomorrow [Wednesday] at the very least the POR is elected. A previous article stated that once the POR is elected, the government formation could pass quickly. Then once the government is seated they can then send the budget to parliament. God willing once the budget is read, voted on, signed into law & finally opened, we will see what we all seek.
4-6-2022 Intel Guru MarkZ [via PDK] [..do you still confident that the Dinar, Dong...exchange at once and can you please go over the rates again?] I do feel confident that they are going at the same time…i am still hearing we may get close to $6 on the dinar with a street rate around $4 on the dinar... I am still hearing close to $2.30 on the dong…
4-6-2022 Newshound/Intel Guru RVAlready I hope the court makes a ruling specifying the president, the PM, all the cabinet members, and the RV rate. I think these people have violated the constitution, and the federal court will now deliver the smack down. Anything else will just lead to more of what we have seen for the last several months.
4-5-2022 Intel Guru MarkZ [via PDK] It has been exceptionally quiet on the RV front today. But I am being told it is all coming together as we speak...I know they are expected to get a government squared away tomorrow. Or they reinstate the government that was there before…either way I hear that will figured out tomorrow. Hopefully that will be a positive sign we will see movement tomorrow.
4-5-2022 Newshound Guru Pimpy If you're expecting Iraq to have an RI or an RV within the next week, two weeks, two months you are sadly mistaken. The first thing that has to happen is a government has to be formed...
4-5-2022 Newshound Guru Godlover Article: "Lawyers and observers propose an extension of the Al-Kazemi government for a year to pass the budget, complete the dues, and overcome the political blockage" If that article is accurate, it only validates the next budget will not be what we all hope for. It speaks of K forming a new government within a year. Certainly no one could possibly think that the monetary reforms is going to happen prior to a new seated government. Many still talk about CBI being independent, which is fine...but there will still be the need for a new seated government prior. It truly is only common sense. I am actually hoping they elect to POR & maybe the PM on the 6th. This new scenario could drag on the whole temp term.
4-5-2022 Newshound/Intel Guru Mnt Goat So why is the rate being artificially suppressed? ...since the IQD is not yet trading internationally on FOREX. Once on FOREX it is governed by the market demand and other restrictions. The CBI can not manipulate it then. This is the real reason why they hesitate to reinstate it. They are corrupt and manipulating the rate. So, please don’t tell me they need to work on the economy or create more stability. This is all hogwash and subject to excuses.
4-5-2022 Guru Nader From The Mid East I'm gonna tell you why the Supreme Court rejected the exchange rate - for two things. First thing is they don't want to be involved. They was the CBI to make the decision...I talk to my friend a journalist and a banker and that's what it says. Second thing they're not sure about the exchange rate. One day they say yes. One day they say no...I'm glad they they did reject it because they will ask for 1250 or 1200 or something like that. That's not good for us so I'm glad they did that. Now it's up to the CBI to make a decision...I think it's gonna change. I don't know how long it's gonna take but it's gonna change...
4-5-2022 Intel Guru MarkZ [via PDK] ...out of Iraq they are anticipating things to happen between the 4th and the 6th… But it’s been very quiet the last 24 hours from Iraq. We are late in the day of the 5th-iraqi time…so to hit that timeline something really needs to break asap.
4-5-2022 Newshound Guru Pimpy Article: "The Federal Court rejects the Lawsuit filed regarding raising the price of the dollar" What kind of power does the court have to do anything? ...they don't...the central bank is the one that will determine the exchange rate...So this [court decision] shouldn't be any surprise whatsoever...I'm not sure what the courts could do when...it comes to the Iraqi dinar exchange rate. That's not their place. But every day it allows me to be more and more curious...in the role the courts are going to play in this election. Obviously we don't have to worry about the currency no more, they just dismissed it...
4-5-2022 Newshound Guru Sandy Ingram The less we hear from the Central Bank of Iraq and news on the currency revaluation the better it is. We know these changes take place in silence and then there are sudden announcements to the public...
4-5-2022 Intel Guru MarkZ [via PDK] [Articles calling this a scam from DOJ/Forbes 2005] Yes…They did not want us investing in this…. They never expected us to find out about it…. The number of hit pieces run on these currencies is unreal…and these are the same people that ran the articles about the Kuwait dinar RV not being real…and we know that was 100% real…originally it was only supposed to be for the elite and their friends…but then the public found out…so they do their best to try to make us give up…. So, do you believe the political operatives trying to protect the banking elite…or do You believe people like Dr. Shabibi and the people at the other end making the RV happen for the Iraqi people?
4-5-2022 Newshound Guru Pimpy If you're expecting Iraq to have an RI or an RV within the next week, two weeks, two months you are sadly mistaken. The first thing that has to happen is a government has to be formed...
4-5-2022 Newshound Guru Godlover Article: "Lawyers and observers propose an extension of the Al-Kazemi government for a year to pass the budget, complete the dues, and overcome the political blockage" If that article is accurate, it only validates the next budget will not be what we all hope for. It speaks of K forming a new government within a year. Certainly no one could possibly think that the monetary reforms is going to happen prior to a new seated government. Many still talk about CBI being independent, which is fine...but there will still be the need for a new seated government prior. It truly is only common sense. I am actually hoping they elect to POR & maybe the PM on the 6th. This new scenario could drag on the whole temp term.
4-5-2022 Newshound/Intel Guru Mnt Goat So why is the rate being artificially suppressed? ...since the IQD is not yet trading internationally on FOREX. Once on FOREX it is governed by the market demand and other restrictions. The CBI can not manipulate it then. This is the real reason why they hesitate to reinstate it. They are corrupt and manipulating the rate. So, please don’t tell me they need to work on the economy or create more stability. This is all hogwash and subject to excuses.
4-5-2022 Guru Nader From The Mid East I'm gonna tell you why the Supreme Court rejected the exchange rate - for two things. First thing is they don't want to be involved. They was the CBI to make the decision...I talk to my friend a journalist and a banker and that's what it says. Second thing they're not sure about the exchange rate. One day they say yes. One day they say no...I'm glad they they did reject it because they will ask for 1250 or 1200 or something like that. That's not good for us so I'm glad they did that. Now it's up to the CBI to make a decision...I think it's gonna change. I don't know how long it's gonna take but it's gonna change...
4-5-2022 Intel Guru MarkZ [via PDK] ...out of Iraq they are anticipating things to happen between the 4th and the 6th… But it’s been very quiet the last 24 hours from Iraq. We are late in the day of the 5th-iraqi time…so to hit that timeline something really needs to break asap.
4-5-2022 Newshound Guru Pimpy Article: "The Federal Court rejects the Lawsuit filed regarding raising the price of the dollar" What kind of power does the court have to do anything? ...they don't...the central bank is the one that will determine the exchange rate...So this [court decision] shouldn't be any surprise whatsoever...I'm not sure what the courts could do when...it comes to the Iraqi dinar exchange rate. That's not their place. But every day it allows me to be more and more curious...in the role the courts are going to play in this election. Obviously we don't have to worry about the currency no more, they just dismissed it...
4-5-2022 Newshound Guru Sandy Ingram The less we hear from the Central Bank of Iraq and news on the currency revaluation the better it is. We know these changes take place in silence and then there are sudden announcements to the public...
4-5-2022 Intel Guru MarkZ [via PDK] [Articles calling this a scam from DOJ/Forbes 2005] Yes…They did not want us investing in this…. They never expected us to find out about it…. The number of hit pieces run on these currencies is unreal…and these are the same people that ran the articles about the Kuwait dinar RV not being real…and we know that was 100% real…originally it was only supposed to be for the elite and their friends…but then the public found out…so they do their best to try to make us give up…. So, do you believe the political operatives trying to protect the banking elite…or do You believe people like Dr. Shabibi and the people at the other end making the RV happen for the Iraqi people?
4-4-2022 Newshound Guru Pimpy It appears Sadr has turned the hen house over to the foxes. This is not good. This is the opposite of what Sadr wanted to do. He was trying to rid the government of corruption and the very corrupt people he was going after he has now turned over the country to them...he won the majority blocks but it doesn't do no good if you can't control the number of votes on the parliamentary floor...He's still short enough members of parliament to get anything passed and that includes setting up the government...
4-4-2022 Intel Guru MarkZ [via PDK] I am getting a lot from military contacts that expect the RV to move this week –before the week is out...
4-4-2022 Newshound Guru Clare Article: "Lawyers and observers propose an extension of the Al-Kazemi government for a year to pass the budget, complete the dues, and overcome the political blockage". ANOTHER GREAT SOLUTION! WOW!!! WHO DOESN'T LIKE THIS ONE! LOL...
4-4-2022 Newshound Guru Sandy Ingram Article: "Iraq's oil export revenue hits monthly high since 1972: ministry". Iraq exported more than 100.56 million barrels of crude oil in March, bringing in revenues of $11.07 billion US dollars, the highest monthly revenue since 1972...The average selling price for crude oil during the month of March was approximately a hundred and ten dollars and nine cents per barrel.
4-4-2022 Intel Guru MarkZ [via PDK] Strange article out of Iraq: “The federal court rejects the lawsuit filed regarding raising the price of the dollar” What I am being told out of Iraq is the reason they did this is not enough of an exchange rate…120,000 dinar for every $100 US dollars…but that also they had already determined the timing and have another case they have to hear on April 6th already as to what to do post-Rv…. So I am getting mixed news out of Iraq right now…I am being told not to pay attention to this article because they have already set the timeline and the new value. My contacts in iraq are still expecting the new rate in Iraq this week.
4-4-2022 Newshound Guru butterfly Article: "Federal Court dismisses a case against the Iraqi dinar devaluation"
4-4-2022 Intel/Newshound Guru BGG Article: "The Federal Court rejects the lawsuit filed regarding raising the price of the dollar" Quote: "The Federal Supreme Court rejected, on Monday, April 4, 2022, the lawsuit related to the re-exchange of the US dollar in relation to the Iraqi dinar to its predecessor, at an amount of 120 thousand Iraqi dinars for every 100 US dollars."
4-4-2022 Newshound Guru Pimpy This is great news... Article: "Iraq achieves the highest financial revenue from oil exports in 50 years" You could say whatever you want about this invasion that's going on but it's definitely benefiting Iraq.
4-4-2022 Intel Guru MarkZ [via PDK] I am getting a lot from military contacts that expect the RV to move this week –before the week is out...
4-4-2022 Newshound Guru Clare Article: "Lawyers and observers propose an extension of the Al-Kazemi government for a year to pass the budget, complete the dues, and overcome the political blockage". ANOTHER GREAT SOLUTION! WOW!!! WHO DOESN'T LIKE THIS ONE! LOL...
4-4-2022 Newshound Guru Sandy Ingram Article: "Iraq's oil export revenue hits monthly high since 1972: ministry". Iraq exported more than 100.56 million barrels of crude oil in March, bringing in revenues of $11.07 billion US dollars, the highest monthly revenue since 1972...The average selling price for crude oil during the month of March was approximately a hundred and ten dollars and nine cents per barrel.
4-4-2022 Intel Guru MarkZ [via PDK] Strange article out of Iraq: “The federal court rejects the lawsuit filed regarding raising the price of the dollar” What I am being told out of Iraq is the reason they did this is not enough of an exchange rate…120,000 dinar for every $100 US dollars…but that also they had already determined the timing and have another case they have to hear on April 6th already as to what to do post-Rv…. So I am getting mixed news out of Iraq right now…I am being told not to pay attention to this article because they have already set the timeline and the new value. My contacts in iraq are still expecting the new rate in Iraq this week.
4-4-2022 Newshound Guru butterfly Article: "Federal Court dismisses a case against the Iraqi dinar devaluation"
4-4-2022 Intel/Newshound Guru BGG Article: "The Federal Court rejects the lawsuit filed regarding raising the price of the dollar" Quote: "The Federal Supreme Court rejected, on Monday, April 4, 2022, the lawsuit related to the re-exchange of the US dollar in relation to the Iraqi dinar to its predecessor, at an amount of 120 thousand Iraqi dinars for every 100 US dollars."
4-4-2022 Newshound Guru Pimpy This is great news... Article: "Iraq achieves the highest financial revenue from oil exports in 50 years" You could say whatever you want about this invasion that's going on but it's definitely benefiting Iraq.
4-3-2022 Newshound Guru Pimpy This is good news. Article: "For adventurous tourists who are unafraid of the occasional military roadblock, the hot new destinations is Iraq" ...I've seen many videos on YouTube that people are over there and they are sightseeing and there's not been a lot of problems so that's a good thing. Tourism is a big money maker for Iraq. Between oil prices going up and tourism increasing things are looking good for Iraq...this article goes on to say that tourism has increased over there in Iraq and more and more people are starting to go and visit. This is a good thing for Iraq..
4-3-2022 Newshound Guru Sandy Ingram The clergy who won many of the parliament seats says he will back down for 40 days in order to give parliament time to build an Iraqi government...this news story comes to us from ABC News. The theory behind the political boycotts is the Iran-backed politicians do not approve of the Kurdistan's candidates for president and the prime minister...&nb
4-3-2022 Newshound Guru Sandy Ingram The clergy who won many of the parliament seats says he will back down for 40 days in order to give parliament time to build an Iraqi government...this news story comes to us from ABC News. The theory behind the political boycotts is the Iran-backed politicians do not approve of the Kurdistan's candidates for president and the prime minister...&nb